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0 -0.00355029585798813 -0.00591715976331361 0 0.00804733727810659 -0.00591715976331361 0.00828402366863909 0.0151479289940829
Stock impact report

The strength of the post-coronavirus economy hinges on one word: Morning Brief [Yahoo! Finance News]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Monday, April 20, 2020Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.SubscribeConfidenceWe’re now talking about theprocess for re-opening businessesBut it would be a mistake to assume that the sooner the economy is open, the sooner we’ll get backthe strong economy the coronavirus left behindBecause while monetary and fiscal stimulus have preserved some consumers’ and businesses’abilitynot willingAnd that willingness comes down to one word: confidence.Consumers need confidence that their savings and sources of income are safe. Businesses need confidence that they’ll be able to finance their liabilities. Everyone needs confidence that there won’t be a second wave of infections that forces the economy to shut down again.Confidence in all of these things, however, is currently in terrible shape.According to the University of Michigan’s preliminary survey ofconsumer sentiment in April“Consumers need to be prepared for a longer and deeper recession Show less Read more
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