Month: May 2020

It Gets Rough for US Airlines: Why Buffett Dumped His Airline Stocks Though There Was Blood on the Tarmac, Which Should Have Been a Buy Signal

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Just can’t catch a break: Friday after hours, United disclosed it abandoned its junk-bond offering after investors balked. Shares fell. By Wolf Richter for WOLF STREET. Here’s what US airlines are going through: The TSA has been reporting the number of daily checkpoint screenings. This is the number of people in the US who got on a plane for … Read more

R value in Germany rises to 1.15.. Second wave coming. If Germany can’t deal with opening no western country will do this easily..

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via DW Germany’s R number rose to about 1.1, meaning that every infected patient passes the coronavirus to more than one other person. Meanwhile, protesters across Germany slammed isolation measures. Follow DW for the latest. The virus reproduction rate hit around 1.1 in Germany, but officials warned of “insecurities” in predicting a long-term trend  Thousands … Read more

Consumer Discretionary DD

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by AnimalTom23 Skip to “Actual DD” if you want to short story. Position at the bottom. Many moons ago I gave up trying to find a real job. After 20+ years in the restaurant industry I have come to realize that (at least in my local eyesight) that we are in for a big hurt. … Read more

USNavy has 6 carriers underway right now. Truman, Eisenhower, Reagan, Nimitz, Lincoln, and Ford all operating

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20 mins ago USNavyCNO @USNavyCNO #ICYMI – the @USNavy has 6 carriers underway right now. Truman, Eisenhower, Reagan, Nimitz, Lincoln, and Ford all operating where ships belong … at sea. We are a #ForcetobeReckonedWith. @USPacificFleet @USFleetForces @US5thFleet @USNavyEurope #ICYMI – the @USNavy has 6 carriers underway right now. Truman, Eisenhower, Reagan, Nimitz, Lincoln, and Ford … Read more

EIDL Emails and Portal with Screenshots

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by landmanpgh This community has been a lifesaver for me, so I’m going to give back in the form of screenshots so you can see exactly what to look for when it comes to the EIDL portal email, the portal itself, and the process once you’re inside. EIDL Stats First, my stats for the EIDL: … Read more

Some investment advice from an autist

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by CptTonyStark I see so many people here losing their life savings at a critical point in their lives so I’ll repeat my investment philosophy that has allowed me to be 270% up YTD, and I’ve already taken out my initial investment and 75% of my profits: I always ask myself, if I had the … Read more

The Economist: Financial markets have got out of whack with the economy. Something has to give.

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Re the dangers of the massive decoupling of #WallStreet from #MainStreet : From the editorial in @TheEconomist on "The market v the real economy: Financial #markets have got out of whack with the #economy. Something has to give."https://t.co/5Kt6Wyd5nj#investors #investing pic.twitter.com/jDzZSOjNs0 — Mohamed A. El-Erian (@elerianm) May 10, 2020 Bloody hell. 🥶🥶#depression2020 https://t.co/gG2ScYm582 — Tuomas Malinen … Read more

The near doubling of death predictions in a closely followed model underscores a frustrating reality: Many basic facts about the coronavirus remain unknown

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The near doubling of death predictions in a closely followed model underscores a frustrating reality: Many basic facts about the coronavirus remain unknown https://t.co/vEkSuIwhKI — The Wall Street Journal (@WSJ) May 10, 2020 As researchers begin to test homeless individuals in the United States for the virus that causes COVID-19, they’re discovering that the situation … Read more

How Badly Is Gavin Newsom’s Perma-shutdown Going? Willie Brown Is Savaging Him In The Chronicle:

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This can’t go on. California has to figure a way out. “When people were asked to shelter in place, they did so in amazing numbers and with no plan. But nobody envisioned the shelter-in-place would last this long.” UPDATE: When Willie Brown and Mary Katharine Ham are on the same side: ANOTHER UPDATE: From the comments: “Brown was … Read more