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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

The construction and manufacturing sectors were the most bullish, as consumers bought new houses and invested in improving the ones in which they were living. Doing The Math. For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. Most of the SMBs we asked aren’t new to the world.

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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

Banking 100
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Transcript: Cathy Marcus, PGIM Real Estate

Barry Ritholtz

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. All kinds of residential, retail data centers, industrial manufactured housing, seniors, housing, you name it. And I, I think that I kind of triangulated on it. I have no family history. 00:17:46 [Speaker Changed] So.

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Transcript: Liz Hoffman

Barry Ritholtz

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

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Transcript: Sean Dobson, Amherst Holdings

Barry Ritholtz

We participated in that with treasury and FHFA and the regulators, the White House. So as, as, as a person that’s just investing for an economic return, you can’t compete with that, right? Economic occupancy is who’s paying the rent. So we, we met a lot of of interesting people in DC and it was the whole gamut.

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Transcript: Gretchen Morgenson

Barry Ritholtz

We looked at everything from retail to nursing homes to hospitals to insurance companies to manufacturers. In fact, I think Secretary of the Treasury at the time said the market will work out these things and they will not become a problem. MORGENSON: And it was, so Steve was a candidate that had economic ideas, okay?