The FED chair has reiterated his stance on how he views the economy moving forward. He states that the situation still looks fragile and uncertain. Although he is acknowledging the welcome announcement of vaccines. He still envisages it is going to be tough to administer a program for them to reach the population. He also sees possible issues in their distribution and storage. Thus he is still maintaining that the next 3-4 months are going to be tough on the economy. He offers an uncertain economic outlook. As he believes people have to have the confidence to be able to go back into normal activities. That feed into economic health.  The relief programmes in place and their continuation. Is another topic he touched upon. Stating that the fed has been feeding credit as fast as they can. However, there are only 4 ongoing programmes left. All the others have been stopped by the treasury.

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Mike is our Business Reporter who also used to make pop-up adaptations of Plato’s work. Mike strongly believes that Business should be recognized as an independent category of philosophy. That’s probably because he actually attended the IE University and double-majored in Philosophy and Business Analytics, so it’s hard to dispute. Growing up in a household of university professors, Mike has always been innovative with the knowledge that the world offered to him. He covered subjects such as finance, money, economic issues, stock market data for The Vault, Money Aim, RIS Media, and The Realtor. We were, however, surprised when Mike agreed to be our independent Business Reporter, since he used to claim he didn’t know what to do in media. This was false, he's just too humble.


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