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Dock Treece Thursday July 2, 2020
Thursday, the DOW was down slightly yesterday but the S&P and the NASDAQ were up.
PPP has been extended, $130 billion of the original $670 billion still remains available.
Employment numbers continue to improve. This week we have seen 3 companies in the Toledo area announce hiring plans for over 2000 new jobs. The attached article from MarketWatch verifies employment in picking up.
Vehicle sales were down for the second quarter but are picking up fast with inventories shrinking. A quote from the attached article: "But now many dealerships are running low on inventory as auto makers ramp up output after several weeks of factory downtime. Deals are drying up as car companies spend less on cash-back offers and pull back on attractive seven-year financing deals that brought customers to dealer lots during the pandemic."
PPP has been extended, $130 billion of the original $670 billion still remains available.
Employment numbers continue to improve. This week we have seen 3 companies in the Toledo area announce hiring plans for over 2000 new jobs. The attached article from MarketWatch verifies employment in picking up.
Vehicle sales were down for the second quarter but are picking up fast with inventories shrinking. A quote from the attached article: "But now many dealerships are running low on inventory as auto makers ramp up output after several weeks of factory downtime. Deals are drying up as car companies spend less on cash-back offers and pull back on attractive seven-year financing deals that brought customers to dealer lots during the pandemic."
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By 1370 WSPD (WSPD-AM)Thursday, the DOW was down slightly yesterday but the S&P and the NASDAQ were up.
PPP has been extended, $130 billion of the original $670 billion still remains available.
Employment numbers continue to improve. This week we have seen 3 companies in the Toledo area announce hiring plans for over 2000 new jobs. The attached article from MarketWatch verifies employment in picking up.
Vehicle sales were down for the second quarter but are picking up fast with inventories shrinking. A quote from the attached article: "But now many dealerships are running low on inventory as auto makers ramp up output after several weeks of factory downtime. Deals are drying up as car companies spend less on cash-back offers and pull back on attractive seven-year financing deals that brought customers to dealer lots during the pandemic."
PPP has been extended, $130 billion of the original $670 billion still remains available.
Employment numbers continue to improve. This week we have seen 3 companies in the Toledo area announce hiring plans for over 2000 new jobs. The attached article from MarketWatch verifies employment in picking up.
Vehicle sales were down for the second quarter but are picking up fast with inventories shrinking. A quote from the attached article: "But now many dealerships are running low on inventory as auto makers ramp up output after several weeks of factory downtime. Deals are drying up as car companies spend less on cash-back offers and pull back on attractive seven-year financing deals that brought customers to dealer lots during the pandemic."