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Second Stimulus Package

By: Daniel Guttman / Posted on: December 21, 2020

Yesterday, Congressional leaders and Lawmakers reached a nearly $900 billion COVID-19 stimulus deal, including another round of stimulus checks and jobless benefits. After months and months of standoff, Washington has come to agreement just before Christmas where almost 12 million people are set to lose unemployment benefits. The new deal includes $300 to the federal unemployment insurance benefit, extending eviction moratoriums for renters for an unspecified amount of time and $600 direct payment to most Americans.

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Time is Running Out

By: Pam Corn / Posted on: July 31, 2020

With the current stimulus relief package that was put in place at the start of the pandemic set to expire today, Congress has yet to pass another relief package. After last efforts to extend the $600 stimulus failed Thursday and the Senate gone for the weekend, millions of Americans are left with much uncertainty moving forward.

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Let’s Talk the Economy

By: Pam Corn / Posted on: June 18, 2020

In May, U.S. retailers were happy to report that since the reopening after the shutdown from the coronavirus pandemic, retail sales jumped a record high of 17.7%. The rebound in sales reflects the gradual lift on businesses after two months of stay at home orders. With the increase in consumer demand, the federal tax payments and unemployment benefits also helped with the increase in sales.

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Supporting Society

By: Pam Corn / Posted on: March 20, 2020

Yesterday, governor Tom Wolf made an announcement to order all non-life-sustaining businesses in Pennsylvania to close physical locations to slow down the spread of COVID-19. The deadline for these businesses to close was 8:00 p.m. on 3/19/2020.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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