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Can't say anything pithy about this. Brought to my attention for this factoid:
- A Yelp Inc. Economic Average report noted that 55 percent of the U.S. business closures that were meant to be temporary at the outset of the COVID-19 lockdown measures are now considered permanent.
That whole *as consumer interest rose in May, thus did COVID cases in June" bit is pretty terrible too.
I love how "Axe Throwing" is up 50%. What percentage of the consumer landscape do you think is "Axe Throwing?"
- “I realize that the stock market no longer thinks it needs the economy if it has the Fed,” Rosenberg wrote in his morning commentary Wednesday.