18 March 2020

Great Googly Moogly


This has been over the past 2 weeks.

This is a collapse that is unprecedented since at least the end of World War II:
As fallout from the coronavirus pandemic hits the economy, it’s slamming the American workforce: Some 18% of adults reported that they had been laid off or that their work hours had been cut, a new poll found.

The proportion affected grew for lower-income households, with 25% of those making less than $50,000 a year reporting that they had been let go or had their hours reduced, according to a survey released Tuesday by NPR, PBS NewsHour and Marist of 835 working adults in the contiguous United States.
It's no surprise that the NYSE triggered the circuit breakers again, for the 3rd time in less than 2 weeks.

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