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DrStool

Know Your in Trouble When the Fed Bails Out a Carnival 4/28/20

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Did anybody read Mish's post about the Fed bailing out Carnival?  That gives bail out new meaning. 

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"Treasury Secretary Mnuchin says it was ‘outrageous’ for the LA Lakers to take a small business loan"

The Lakers were the second most-valuable team in the National Basketball Association entering 2020, with a valuation of $4.4 billion.

https://www.cnbc.com/2020/04/28/mnuchin-says-it-was-outrageous-for-the-lakers-other-such-businesses-to-take-small-business-loans.html?__source=sharebar|twitter&par=sharebar

 

 

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In a heartening example American capitalism's ability to innovate John Deere has introduced a new technology to speed the harvest of one of the nations most critical shortages.

 

John Deer tp.jpg

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oops..........

1977029192_Mickeysoap.jpg.88eef25d96cee3be62c2c40bb095efb5.jpg

 

>: Quote of the Day

"Ironic it will own a cruise line because the Fed is the ultimate Titanic."

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1 hour ago, DrStool said:

Did anybody read Mish's post about the Fed bailing out Carnival?  That gives bail out new meaning. 

You have got to be kidding! 

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I told you everything was bearish and going to hell. 

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OK. So actually I didn't.  

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Jimi

Quest Diagnostics has started antibody testing for $119. You don't need a doctor's prescription see questdirect.questdiagnostics.com. Let us know if you have the superpower! Stay safe! 

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I think that within 3 months Proctor and Gamble will be mass producing N95 masks that we will all buy at the supermarket like toilet paper and paper towels. Then the generic brands will pop up and they'll be $1.00 a dozen. We'll wear them everywhere. 

Restaurants will all become malt shops. Our N-95 masks will have straw holes. Paper straws of course. We go to the malt shop, insert the straw through the straw hole and suck our malt. This trend of malt specialization by restaurants, will be the next big thing. 

Would malt mild, or hot and spicy? Kung Pao Malt, Pizza Malt, Sushi Malt will all be big. 

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dividend paying stocks were a tantalizing option in a neg interest rate world. but alas, dividends have been slashed. they pulled the rug. buoyancy gone.

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