Stimulus

Coronavirus Stimulus Fueled a Mortgage Debt Time Bomb That Could Explode in July

The number of people requesting a break from their mortgages has skyrocketed. Even in the improbable event that figure doesn’t rise any more, it’s a staggering amount of debt that’s on hold. Those who are using the mortgage forbearance program won’t have the capacity to pay off their missed payments. Coronavirus has created the sharpest…

Trump Stimulus Won’t Save the Dow Jones From Crashing Below 20,000

The Fed and Trump administration are running out of ideas to save the Dow Jones from a bigger downtrend. Analyst Gina Sanchez says no stimulus package will save the markets in the near-term. Only progress in containing the coronavirus pandemic will alleviate pressure from the stock market. The Dow Jones Industrial Average (DJIA) briefly dropped…