Small businesses will have a challenging time recovering from the coronavirus crisis even with governmental aid, Goldman Sachs said, urging investors to steer clear of stocks relying on them. The bank found the public companies with the highest sales exposure to small and medium sized businesses.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Pro This is disgusting. Billionaire bankers just outright saying to avoid small business exposure while the printing press supports their portfolios.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock picks to buy, sell in best environment since 2009: Goldman Sachs - Business InsiderGOLDMAN SACHS: These are the top 11 companies to watch as we enter the best stock-picking environment in over a decade
Source: BusinessInsider - 🏆 729. / 51 Read more »
Potbelly says it will return $10 million small business loan, following others after outragePotbelly, which received the maximum loan amount, has a market cap of $71.2 million. Send me $9 million I’ll pay it back 😉
Source: CNBC - 🏆 12. / 72 Read more »
Forbes Firsthand: Critical Small Business Survival StrategiesFew businesses have escaped the punishing effects of the pandemic. Forbes asked some of them to share the experience in their own words 👏🏾👏🏾👏🏾 Meanwhile .... Amazon richers get richer.🙀👍
Source: Forbes - 🏆 394. / 53 Read more »
Small business owners gear up for another go at anxiety-inducing Paycheck Protection ProgramSmall business owners describe an emotional month of fighting for PPP loans. And again, the banks will profit billions from fees, and major corporations will swipe money from small businesses that employ the hardworking men & women that are the backbone, legs, heart, & soul of the economy. Another well run government massive bloated garbage program going no where .. we can’t buy our way out of the beef and broccoli flu If the money don't come honey PPP and unemployment ya gotta get your ass back to your 7.25 hour job. THIS IS THE MONEY HOLD UP. AND WAKE UP
Source: ABC - 🏆 471. / 51 Read more »
Bank of America CEO calls for Congress to 'fully fund' small business loan program: 'Just get the work done'Brian Moynihan said Congress should make sure the small business loan program is fully funded so that every business that qualifies can receive a loan. How about funding other smaller banks for loans instead of just the big 5. Midwest town businesses are dying from lack of help. Bastards. Bailouts should be considered wellfare. A damn bank that's supposed have to enough money to survive instead depends on bailouts. They're going to be even more reckless in the years to follow and Trump is just throwing money at the problem sending us further into debt. All bad... 😂😂😂😂, so he can give the money to big companies
Source: CNBC - 🏆 12. / 72 Read more »