05-29-2020: How Companies Are Using Creative Accounting To Gauge Impact Of COVID-19

May 29, 2020, 11:49 PM

Investors should look for signs that companies are piling too many negative charges into the pandemic-affected quarters.




Today's Stocks & Topics: Unemployment Checks, The Fed's Next Move, Don't Throw Your Junk Mail, T - AT&T Inc., Tech Stocks, QQQ - Invesco QQQ Trust Series I, STWD - Starwood Property Trust Inc., Gold, 

KL - Kirkland Lake Gold Ltd., NUE - Nucor Corp.


 


TRIVIA QUESTION: "Small businesses in the U.S. employ about half of the country's private workforce-- so, before COVID-19, HOW MANY small businesses were there? And, on average, HOW MANY DAYS of a cash buffer did small businesses have "on hand" to pay expenses?



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