Absent more gov't/fed intervention July and August should be an economic catastrophe: - covid cases spiking - Extra $600/week unemployment ends July 31 - PPP 2.5 months salaries will have been all paid out by end of July - 2 quarters of estimated taxes and 2019's due July 15
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shows that biggest retailers are seeing strong consumer demand.
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I'm not sure people are considering how badly tourism is going to be hit if this drags out through the summer. Maybe people will revert to normal behavior, but if they don't, places like the coast of Maine or the Jersey Shore are going to die.
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