What the stock market knows

Publicly traded companies are going to wallop small businesses

Logos.
(Image credit: Illustrated | iStock, Wikimedia Commons)

It's hard to identify much good economic news these days.

First quarter GDP figures show the economy contracted at an annualized rate of 4.8 percent, and the second quarter results are expected to be much worse. The unemployment rate may already have reached levels not seen since the Great Depression, and is still rising. And while deaths from COVID-19 may have peaked nationally, we don't know how long the plateau is going to be, and some very populous areas — like California — are still seeing rising case loads.

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Noah Millman

Noah Millman is a screenwriter and filmmaker, a political columnist and a critic. From 2012 through 2017 he was a senior editor and featured blogger at The American Conservative. His work has also appeared in The New York Times Book Review, Politico, USA Today, The New Republic, The Weekly Standard, Foreign Policy, Modern Age, First Things, and the Jewish Review of Books, among other publications. Noah lives in Brooklyn with his wife and son.