Pursuit of Truth in Finance & Economics
Contributor's Links: UPFINA.com

The purpose of UPFINA.com is to seek the truth as it relates to economics, finance and money. We do not have all the answers, but our ethos dictates that we objectively analyze all information. 

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Fastest Pace Of Downgrades Ever (Since 2002)
There has been a huge slew of bond downgrades especially in the energy sector which has been hit by the price war and demand destruction.
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33% Don’t Have $100 Saved
People aren’t prepared to deal with losing their jobs. That’s why the government passed a bill to give people $1,200 in relief. Many large businesses were also not prepared.
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Unlike 2001 Or 2008
The Fed went all in for real this time by buying muni and commercial bonds. This should help the plumbing of markets and increase investors’ risk appetite in the medium term.
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Will The Economy Recover Quickly?
Small businesses are facing an apocalypse. You might be surprised to find out that being shut down for just a few weeks is enough to put thousands of small firms out of business. If 21% of small firms go bust and they represent 45% of the economy.
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Record Jobless Claims Coming Next Thursday
Stocks were relatively stable on Thursday and Friday, but make no mistake about it, the labor market is like the Titanic headed for an iceberg. Technically, it has already hit the iceberg, but it’s not reflected in the data yet.
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Biggest Recession Since The Great Depression?
The hotels, restaurants, airlines, and small businesses (outside of grocery stores) are getting hammered. JP Morgan expects the deepest recession since the Great Depression. The good news is anything less, is a positive.
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STOCKS I FOLLOW

APPL APPELL PETE CORP
FB Facebook Inc
GOOGL Google (A shares)
MSFT Microsoft Corporation

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