Congress’s EIDL bill automatically encourage banks to process the FEWEST amount of applications for the MAX loan amount, sending majority of money to largest sub-500 employee applications. A simple fix like $200 bonus or % of the FIRST 10k loaned would have reversed the business equation.

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by BlackhatMedley You don’t have to do anything shady to end up with a situation where banks would clearly end up approving the least amount of applications, for the maximum loan amount, for the wealthiest applicants. Our congress left it up to PRIVATE businesses, just like yours and mine, to decide to make their loan … Read more

Enron Shaped Recovery

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by Ski_g So I’m no analyst. But I found something pretty interesting. As RSI and y=Mx+b Then I looked at the finobsccicieidieidiei line and yeah. It’s decided. I realized that we’re set for an Enron shaped recovery. If you look at the peaks and the lows primarily the lowest point that occurred in 2003 we … Read more

The state of the left, would rather people die than Trump be correct.

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by Yourhearse So because this delusional individual is so convinced Trump is going to lead us into global war despite showing greater restraint than virtually anyone in DC, the hope is that Hydroxychloroquine doesn’t work. That’s simply nuts EPOCH TIMES REPORTS CDC REMOVING INFORMATION ABOUT HYDROXYCHLOROQUINE FROM THEIR WEBSITE. INCLUDING DOSAGE RECOMMENDATIONS. Bolsonaro Says Trump … Read more

Chris Vermeulen: How To Tell Where The Stock Market Is Headed Next

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by Chris Vermeulen of The Technical Traders In this section of our multi-part research post centered around our Adaptive Fibonacci Price Modeling system’s expectations, we are focusing on the NQ (NASDAQ futures) and the future expected price rotations. As we discussed earlier, in Part I, Fibonacci price theory teaches us that price must always attempt to establish new price … Read more

The Stock Buy Back Bubble Go Pop

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by perfectentry1 Most market participants are completely unaware of the dangers of stock buy back programs, which have been all the rage since around 2011 and the injection of Fed Liquidity into the markets. Stock buy backs have no tangible benefit to corporations. They are a wash for investors, and greatly increase corporate risk. Rarely … Read more

How screwed are we?

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by appletreea Honestly, how bad is this? Personally, for me, this outbreak will last a year or so. I own a dry cleaner plant in NYC and have been one of the “lucky” few who is currently still in business even though revenue is down 75%. I applied to various programs except for PPP but … Read more

Stock Market Crash 2020 edition

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#recession … #StockMarketCrash2020 edition#SPX #SPX500 $SPY #DJIA #NASDAQ100 $QQQ #Earnings 📉 https://t.co/I6BnWOesri — Invariant Perspective (@InvariantPersp1) April 11, 2020 The global economy is already contracting, and is losing steam faster than in the early days of the financial crisis https://t.co/HNdUsy6v9L via @DanHanson41 & @TomOrlik pic.twitter.com/FajoWKhlYe — Zoe Schneeweiss (@ZSchneeweiss) April 11, 2020 Coronavirus: Trump has … Read more

DIS Puts

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by MrCentaeo Disney is overvalued at $105. It has fallen 30% from its highs however, with projected earnings per share and with uncertainty about when they will realistically be able to open and what kind of demand will be there for them when they do means this company should probably suffer another 30-50% drop from where … Read more

Nancy Pelosi Leaks Next Shananegan She Will Try to Pull During 2nd Relief Package

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https://www.youtube.com/watch?v=d5jmVLWnon8 Jim Hoft from The Gateway Pundit reports, On Tuesday on CNN, Nancy Pelosi said that she was going to push for federally forced vote by mail in the 2020 election in the next round of CV aid. The election is seven months away. She really is wicked. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2020/04/go-wicked-pelosi-says-will-include-federally-forced-mail-voting-next-round-coronavirus-aid-video/

Closed Cases Have Been At 21-22% DEAD For Weeks… When Will People Start Recovering?

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Cases which had an outcome: 505,139 397,221 (79%) Recovered / Discharged 107,918 (21%) Deaths https://www.worldometers.info/coronavirus/ It would seem that because this number (21%) is so stable it could mean one of two things: 1. People aren’t recovering quickly and the course of the disease is much longer than many think. 2. People are dying at a … Read more

Ocasio Cortez’s Desperation Could Spell THE END Of Far left Democrats, Her Opponent Just Raised $1M

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Ocasio Cortez’s Desperation Could Spell THE END Of Far left Democrats, Her Opponent Just Raised $1M. Over the past few weeks Alexandria Ocasio Cortez has been moving away from far left activism and progressive politics and embracing what has been describe as conventional or mainstream Democratic positions. Progressives have been split either accusing her of … Read more

Sneeze Guards, Temp Checks New Normal for Retail… Stores Barred from Selling Nonessential Items

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Sneeze Guards and Temperature Checks Are the New Normal for U.S. Retail (Bloomberg) — Each day, before the 350 employees at Fresh N’ Lean enter the company’s food preparation center in Anaheim, California, they fill out a health questionnaire and have their temperature taken. Anyone with symptoms, even if they seem like seasonal allergies, is … Read more