Day: July 15, 2020💾

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Coronavirus Live Updates : NPR

Wall Street Is Raking In Profits In The Stock Market, Even In A Recession : Coronavirus Live Updates : NPR

Goldman's profit surge underscores a central fact about the bifurcated U.S. economy right now: While much of the economy faces an uncertain future, Wall Street is enjoying a historic revival, as the Federal Reserve and other central banks flooded the global economy with money.

"The Fed has been able to engineer a huge bounce back in the markets by injecting trillions of dollars, benefiting investment banks primarily," Octavio Marenzi, CEO of capital markets consultancy Opimas, told CNBC.

Yeah, this is what happens when you print a lot of money to force interest rates below a quarter percent to make it cheap to borrow, that is for those who have a need to borrow and can get approved for credit. 

Will Powley Road Open End of Summer

Could Piseco Powley Road be fully open by the autumn hunting season?

I bet those handful of cabin owners on the lower part of Piseco Road past the bridge are looking forward to accessing their cabins again. As are the many people who access the area normally from the south.

This post shows some pictures of the bridge they replaced at Piseco Place and the current southbound end of Powley Road at the Potholers.