Transcript of Jerome Powell’s prepared remarks to the Petersen Institute (Federal Reserve Board)
I think this talk by the Fed Chair on May 13 gives a great summary of the economic impact of steps taken to slow the spread of Covid-19. He also talked about what the Fed and Congress have done to cushion the blow.
One quote that especially struck me – “…almost 40% of those in households making less than $40,000 a year had lost a job in March.”
How to combat Zoom fatigue (Harvard Business Review)
If Zooming seems like it’s more tiring than being there in person, that’s because it is. Here’s an explanation why and some helpful tips. One I’m going to begin doing is hiding myself from view. See also The 5 Stages of Zoom.
Last week I included a piece about PPP loan applicants needing to keep good documentation in case of an audit. This week the Treasury Dept and Small Business Administration have stated that loans of less than $2 million will not be audited. Document anyway, just in case they change their mind again.