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DrStool

Market Misimpressions 5/12/20

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They gotta take out 2828 with authoritah. 

Good night and good luck. 

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This sounds like trouble maybe.

But none of the plans account for Americans or other foreign nationals who have residency in any of the corona corridor countries, according to a European Union travel expert who helped draft the plan who spoke to The Daily Beast on the condition of anonymity until the report is officially released. Access to previously restricted areas will be granted solely on a passport basis to ensure people aren’t traveling clandestinely to third-party countries to get to a Greek island or Italian beach when they open up. This means that if you have an American passport—as travelers from the U.S. aren’t included—you will be unwelcome no matter which country you are coming from or how long you’ve been there.

 

https://www.thedailybeast.com/with-coronavirus-american-travelers-are-about-to-find-out-what-its-like-to-be-the-pariah

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Baby crash stopped exactly where it had to. Now the FED‘s little helper - the BoJ - pumps the Futures up again. Already 30 points off the low. 
There seems to be never follow thru in Asia when the US was down. The biggest hoax of them all is the BoJ, they are far worse when it comes to idiocracy than the FED and ECB combined.  

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Doc,

what is the impact for stocks? Does this mean the Dealers will have much more money in their accounts so that they can buy stocks or is it just the other way around?

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8 hours ago, Jorma said:

This sounds like trouble maybe.

But none of the plans account for Americans or other foreign nationals who have residency in any of the corona corridor countries, according to a European Union travel expert who helped draft the plan who spoke to The Daily Beast on the condition of anonymity until the report is officially released. Access to previously restricted areas will be granted solely on a passport basis to ensure people aren’t traveling clandestinely to third-party countries to get to a Greek island or Italian beach when they open up. This means that if you have an American passport—as travelers from the U.S. aren’t included—you will be unwelcome no matter which country you are coming from or how long you’ve been there.

 

https://www.thedailybeast.com/with-coronavirus-american-travelers-are-about-to-find-out-what-its-like-to-be-the-pariah

That's horrifying.  

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1 hour ago, fxfox said:

 

Doc,

what is the impact for stocks? Does this mean the Dealers will have much more money in their accounts so that they can buy stocks or is it just the other way around?

Subscribers know the answer.  

Macro liquidity has slowed slightly in recent weeks as the Fed has taken its foot off the accelerator. But it continues to grow at an historic pace. What does that mean for the short term and the long term.

Oh, wait.

There is no long term.

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