OVER 3 MILLION AMERICANS ARE UNEMPLOYED BECAUSE OF THE CORONAVIRUS PANDEMIC!!!!!!!!!

image: nytimes.com

By: Economic & Finance Report

Over 3.3 million Americans have claimed unemployment benefits because of the coronavirus, the U.S. Labor Dept has indicated this past week. The virus has taken a toll on businesses, income wages and society’s everyday way of living.

These numbers reflect a growing number of Americans who are currently unemployed and are seeking financial relief; because of what the COVID-19 virus has done to their working wages. Many people have insisted that the impact has burdened them into massive financial debt.

It also has to be noted, that the United States has now surpassed all other countries with the most infected individuals who have tested positive for COVID-19. Over 85,000 people in the USA have the coronavirus, as presented by data by John Hopkins University on March 26, 2020 (US infections 85,840). SB

Sources: US Labor Dept; John Hopkins University Covid-19 Data

#THECASTPOD EP. #12 LOL FEAT. @COMEDIANJLAND @YOUTUBE

The Cast Podcast Ep. #12 LOL feat. Jonathan Land Youtube Ed.

#THECAST Ep. 12 feat Jonathan Land LOL Edition:

The Cast Ep. #12 LOL feat Jonathan Land

#TheCastPodcast is back like never before, new episode as always. Sammy BE @ecofiretv, Luisa L. @luisamodels, and on the engineering consoles Jon “Da Don” Sterling @thedramablock.

The trio is back with another one as we enter the spring season 2020. You guys and gals know what it is, more heat rock content for your dome.

It was a pleasure to have as our guest a man who is creating noise and alarms in the comedy game, he has been a featured stand up comic on Late Night With Seth Myers, and also has been on the NYC comedy circuit, lacing the circuit with great comedy. He goes by the name of Jonathan Land.

Jon came on the #TheCast to discuss comedy, entertainment, his come up story and more. This is an episode you must tune in to #TheCast.

“WE ALL HAVE A VOICE & A OPINION. IT’S JUST HOW U USE YOURS”…..

As always, Be Bless, Stay Bless, God Bless

THE PLATFORMS BELOW:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

2) www.instagram.com/LuisaModels (Luisa L.)
www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4)@Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

#THECASTPODCAST EP. #11: END OF YR WRAP UP REVIEW 2019 (YOUTUBE ED)

#TheCastPod Ep. #11: End of the Year Wrap Up 2019

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be way stronger.

The crew wrapped up the greatest moments in 2019, as well as accommodating outstanding guests, who dropped gems and jewels about their $$$$money moves$$$, in their respective businesses plus MORE FUN…. 2020 we R just getting started…. 2020 Let’s Go Get Em’……..

#TheCastPodcast#TheCastPod “WE ALL HAVE A VOICE & A OPINION, IT’S JUST HOW U USE URS” As always #BEBless #StayBless #GODBLESS #RealRecognizeDeal

Platforms:

1) www.instagram.com/EcoFireTV (Sammy BE) www.twitter.com/EcoFireTV

2)www.instagram.com/LuisaModels (Luisa L) www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) www.soundcloud.com/Economic-FinanceReport (Podcast)

5) www.youtube.com/Economic&FinanceReportEFRTV (Youtube)

6) www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

#TheCastPodcast Episode #11: END OF THE YEAR WRAP UP 2019

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be way stronger.

The crew wrapped up the greatest moments in 2019, as well as accommodating outstanding guests, who dropped gems and jewels about their $$$$ money moves $$, in their respective businesses plus MORE FUN…. 2020 we just getting started….

2020 Let’s Go Get Em’……..#TheCastPodcast #TheCastPod

“WE ALL HAVE A VOICE & A OPINION, IT’S JUST HOW U USE URS”

As always #BEBless #StayBless #GODBLESS #RealRecognizeDeal

Online Platforms:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

2)www.instagram.com/LuisaModels (Luisa L)
www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4)@Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/Economic&FinanceReportEFRTV (Youtube)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

#EFRPOD Ep. #35: END OF THE YEAR WRAP UP 2019 Feat. JONATHAN TORRES (Youtube Edition)

The #EFRPod last episode of the 2019 year; Sammy BE @EcoFireTV, James Lyman @ObsoletePeople & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 stronger then ever….

The trio had the wonderful pleasure of interviewing a dynamic individual in the marketing and promotional game. Jonathan Torres of 1PR Branding @torres1pr; came on the show to break down the public relations, marketing, advertising, publicity & promo game.

He enlightened #EFRPodcast on how he flipped the water biz into the hip hop media game, while making a lot of money from it all. #EFRPodcast @ecofiretv @obsoletepeople (twitter handle of James Lyman, no IG sorry y’all 🤔) & @thedramablock on the boards; also finished the year stronger as ever, However 2020 will be stronger than 2019, believe that.

The guys spoke on business, economic and financial related topics of the 2019 calendar year, and they also discussed what to expect for the 2020 fiscal year, as it relates to business, the economy and finance. 2020 definitely seems to be promising and more insightful then the last.

#EFRPodcast wants the people to stay tuned for more excitement interviews, business, financial & economic news reporting for the new year….

2020 Let’s Go Get Em’, Cheers Happy New Year #EFRPOD #EFRPODCAST

As always “WE ALL HAVE A VOICE & A OPINION, IT’S JUST HOW U USE URS”

Online Platforms:

1) www.instagram.com/EcoFireTV (Sammy BE)

www.twitter.com/EcoFireTV

2) www.twitter.com/ObsoletePeople (James Lyman)

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4) soundcloud.com/Economic-FinanceReport (Podcast/Online Show)

5) www.youtube.com/channel/Economic & Finance Report EFRTV (Youtube)

6) www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

21 January 2020

1) As Boeing’s 737 MAX crisis continues, Boeing is talking with banks to borrow $10 billion dollars or more to finance the rising cost from its 737 MAX woes. So far, the company has borrowed $6 billion dollars to cover its cash-sapped operations after having suspended production of the planes this month. The crisis which grounded the 737 MAX is now entering its eleventh month.

2) The global auto industry continues its downward slide into deeper recession with sales down 4%. Automakers are struggling to find buyers in China and India, with the downward trend expected to continue this year. The number of vehicles sold dropped from 94.4 million down to 90.3 million last year, with the record high in 2017 of 95.2 million. The IMF says new autos account for 5.7% of economic output and 8% of the goods exported. Autos are the second largest consumer of steel and aluminum.

3) Because of unrest in Iraq and Libya, oil rose to its highest in more than a week. Oil prices have always been heavily influenced by geopolitical instability, especially those countries heavily involved with oil exports. Lybia has Africa’s largest oil reserves, with their Sharara oil field being Lybia’s largest by pumping 300,000 barrels a day.

4) Stock market closings for – 20 JAN 20:

Dow              29,348.10    up    50.46
Nasdaq          9,388.94    up     31.81
S&P 500         3,329.62    up    12.81

10 Year Yield:    up   at    1.84%

Oil:    down   at    $58.70

16 January 2020

1) Nigeria may become the superpower of Africa, repeating the economic miracle of China and India. While investors are not moving into Nigeria yet, they are watching. Like China and India, Nigeria was once a colony of the west, and like India, was a colony of the British, and just like India its language is English. Right now, Nigeria is economically where China was forty years ago, before Mao Zedong died and Deng Xiaoping deregulated the economy to unleash it. For many other reasons, Nigeria is set to repeat the economic miracle of China.

2) House mortgage applications has soared to its highest level in eleven years, for new homes and refinance. Applications are up 30.2% from last week, and are 109% higher than a year ago. The interest rates are under 4% , combining with a rosy economic outlook and high employment causing home buyers to rush into the market. This is causing a near record low supply of housing across America, pushing prices up.

3) Retailer giant Target didn’t have a strong holiday sales in their toy departments, less than what was expected. This is ringing alarm bells for the entire industry. While Target gained market share in toys, its toy sales were flat over the 2019 holidays compared to last year. Toy makers like Hasbro, Mattel and Spin Master are offering a smaller variety of toys and games, a result in part from the bankruptcy of Toys-R-Us. Increasingly, toy sales is going to online retailers such as Amazon.

4) Stock market closings for – 15 JAN 20:

Dow            29,030.22    up    90.55
Nasdaq         9,258.70    up      7.37
S&P 500        3,289.29    up      6.14

10 Year Yield:    down   at    1.79%

Oil:    down   at    $58.13

TESLA’S MARKET VALUE SURPASSES FORD MOTORS & GENERAL MOTORS MARKET SHARE VALUE COMBINED!

Image Credit: NBCNews.com

By: Economic & Finance Report

Breaking News: Tesla Inc market value has now surpassed both legendary Ford Motors and General Motors company market values combined.

January 8, 2020 (Wednesday) Tesla Inc had a market cap of $89 billion, approx 2 more billion dollars then Ford Motors ($50 billion) and General Motors ($37 billion) combined.

Many of Tesla Inc’s attributes for rising market cap has to be with a profitable 3rd quarter the electrical auto maker had; also surpassing auto deliveries in the Chinese market, while also having its stock more then double over the past few months. These all seem to be contributing factors to its increased market cap currently.

With all the accolades Tesla has achieved, there are skeptics in the investment community who believe the company will not able to sustain cash flow nor provide more profitability in the next few years.

All this remains to be seen...SB

EFR PODCAST END OF THE YEAR WRAP UP REVIEW 2019:

EFR PODCAST EP. #35: END OF THE YEAR WRAP UP 2019