5 Signs Las Vegas Is Going Into A Bad Recession

1. The Fed is printing a lot of money to help keep the economy afloat. The fed also bought bonds this year.
Top 100 Companies Whose Debt the Fed Is Buying
https://www.investopedia.com/the-fed-s-corporate-bond-portfolio-5069989

2. Millions of people are not able to keep up with their monthly housing payment
30% of Americans missed their housing payments in June
https://www.cnbc.com/2020/06/16/30percent-of-americans-missed-their-housing-payments-in-june.html

3. While the U.S. Senate is set to go on vacation many Americans are still waiting for politicians in Washington D.C. to come to an agreement on a second stimulus package that would hopefully include a second round of stimulus checks.
UNITED STATES SENATE 2020 SCHEDULE
https://www.senate.gov/legislative/resources/pdf/2020_calendar.pdf

4. Many companies resorting to bankruptcy, including Circue Du Soleil
Cirque du Soleil, Las Vegas Strip mainstay, filing for bankruptcy protection amid coronavirus
https://www.usatoday.com/story/travel/news/2020/06/29/cirque-du-soleil-files-bankruptcy-protection-amid-coronavirus/3279279001/

5. Phase 2 of reopening extended in Nevada until end of July, residential evictions postponed to September 1
https://twitter.com/GovSisolak/status/1277727261626515456

10 Ways Las Vegas Has Changed Since Reopening
https://www.youtube.com/watch?v=-0CGgNtHFfg

MASKS MANDATORY IN NEVADA!
https://www.youtube.com/watch?v=pvfUbaa2h50&t=2s

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