Billionaire entrepreneur Mark Cuban JUST dropped some knowledge on what YOU should expect regarding this looming economic bailout. BITCOIN HOLDERS: WHAT DOES THIS MEAN FOR YOU?
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IRS Extends Tax Deadline by 90 Days
Trump orders HUD to suspend evictions and foreclosures
https://thehill.com/homenews/administration/488227-trump-orders-hud-to-suspend-evictions-and-foreclosures
BREAKING: The Fed is now going to do two $500 billion overnight repo operations every day.
That is $1 trillion a day.
Jesus.
— Pomp ? (@APompliano) March 17, 2020
These finance companies would have stronger balance sheets to the tune of $500+ BILLION if they hadn't spent it on share buybacks. (h/t @JackPScott)
There is no problem with conducting buybacks, but you shouldn't be eligible to be bailed out later if you do them. pic.twitter.com/YBJoYYgH4x
— Pomp ? (@APompliano) March 17, 2020
Trump pledges to backstop airlines ’100%
https://www.cnbc.com/2020/03/16/airline-stocks-jump-after-trump-pledges-100percent-backstop.html
Mark Cuban: Bailed out companies shouldn’t be allowed to buy back stock
[NEW POST] We May See Unemployment Numbers That Match The Great Depression By The End of 2020
[NEW POST] We May See Unemployment Numbers That Match The Great Depression By The End of 2020
This is a deep dive into the data that suggests many investors are drastically underestimating the gravity of the financial crisis we are entering.https://t.co/CxdrmW4bxR
— Pomp ? (@APompliano) March 18, 2020
What is the Current Inflation Rate?
https://inflationdata.com/Inflation/Inflation_Rate/CurrentInflation.asp?reloaded=true
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