A good week to be in Apple?

From "America’s Make-or-Break Week" ($) in Monday's Wall Street Journal:

Congress has passed a $2 trillion rescue plan but before those funds start to flow, American companies from the owner of a single liquor store in Boston to corporate giants like Macy’s Inc., must decide what to do about April’s bills: Which obligations do they pay and which can they put off? How many employees can they afford to keep on the payroll? Can they get a break on rent?

The decisions they make this week could shape how deeply the economy is damaged by the coronavirus pandemic.

“Rent is due. Utilities are due. Credit card bills are due April 1,” said Hadley Douglas, who has laid off two workers from her liquor business, The Urban Grape. “The deadline is looming large and it is petrifying.”

My take: Be glad your money isn't in a business that needs the cash.

One Comment

  1. Jonny Tilney said:
    Or an Index Fund, which has all of them..

    March 30, 2020

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