US - Economic Data & News 10 (Aug 20 - Sep 22)

[behappyalways]

2020.10.25【文茜世界財經周報】與文茜對談　史提格里茲看美國選後經濟
https://www.youtube.com/watch?v=8OhKVW2axQQ

[behappyalways]

Atlas push to 'slow the testing down' tracks with dramatic decline in one key state
https://edition.cnn.com/2020/10/29/poli ... index.html

Florida is a republican state. Yes the party same as Donald Trump


The state has a positive coronavirus test rate of 13.5%, among the highest in the country.

Florida bars to reopen even as state battles coronavirus
https://www.cbsnews.com/amp/news/corona ... ssion=true


Less test less cases.... Election year. Less cases meant can open up the economy and schools....

https://covidtracking.com/data/charts/a ... -per-state

[winston]

Coming off the worst quarter in history, the US economy grew at its fastest pace ever in the third quarter

Third-quarter gross domestic product, a measure of the total goods and services produced in the July-to-September period, expanded at a 33.1% annualized pace, according to the department's initial estimate for the period.

Consumer activity accounts for 68% of GDP. Increased consumption along with solid gains in business and residential investment as well as exports fuelled the third-quarter rebound.

Decreases in government spending following the expiration of the CARES Act rescue funding were subtracted from GDP.

The pace of improvement may slow as stimulus programmes that provided much of the economic lift last quarter have expired or are expiring.

Fiscal support is also diminishing. The US faces a tougher road ahead as coronavirus cases increase and worries grow over the health and economic impacts.

Source: OCBC

[behappyalways]

With election looming, U.S. faces record surge of coronavirus cases
https://www.reuters.com/article/idUSKBN27F1MO

[behappyalways]

2020.10.31【文茜世界周報】新高！美國週五單日確診破10萬　每秒就逾1人感染
https://www.youtube.com/watch?v=Gk97ZEvOW6Q


2020.10.31【文茜世界周報】新冠疫情讓美國成戰地　突顯健保制度昂貴沒效率
https://www.youtube.com/watch?v=QYrhS_ySssQ

[behappyalways]

New York shops boarded up ahead of US presidential election day in fear of social unrest
https://m.youtube.com/watch?v=Q36BSb03Ug8

[behappyalways]

Dr. Scott Gottlieb says actual number of new daily U.S. Covid cases is ‘at least half a million’
https://www.cnbc.com/2020/11/06/dr-scot ... llion.html

[behappyalways]

2020.11.08【美國大選特報】美選後疫情再惡化　單日確診數破12萬冠全球
https://m.youtube.com/watch?v=9DaEB3VsjhA

[behappyalways]

COVID-19: California, Midwest states clamp down again
https://www.reuters.com/article/reuters ... SKBN27Q32R

[behappyalways]

Interesting tweets by Paul Krugman

Some thoughts about the vaccine, and it *doesn't* imply.

Pfizer says it might be available for widespread distribution by 3rd quarter. That's great. But it's also 8 months away 1

Meanwhile, new cases have grown 3% *per day* over the past month. If they continued growing at that pace for 8 months, they'd be up by a factor of 1000.

Obv that won't happen — we'd all be infected long before. But the point is that the vaccine won't control the current surge 2/