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    Kudlow: Trump may make announcements on next day or two on reopening

    You can reduce automobile ACCIDENTS by lowering speed limits to 5 miles per hour. If an average of 35,000 people die in car crashes each year, you could easily lower that to under 2,000 by reducing speed limits to 5 mph. That’s a 95% reduction. You can reduce the spread of viruses (not just...
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    Kudlow: Trump may make announcements on next day or two on reopening

    Alcohol, and automobiles kill thousands every year through no fault of their own, but I see you left those out. Here is a high level analysis showing there is little to no affect from the shut downs related to the death rate..... Cuomo is now saying the models have been 100% wrong...
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    Kudlow: Trump may make announcements on next day or two on reopening

    With your own example, should we outlaw all car travel since there are automobile accidents? The answer is that's ridiculous because there is an economic cost to everything, including safety. Ban sugar, ban tobacco, ban sun exposure, ban alcohol, ban animal fats and on and on and on.....
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    Kudlow: Trump may make announcements on next day or two on reopening

    And still only 25,500 with NY. The hysteria does not match the numbers. 7,400 people die every day in the US.
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    Kudlow: Trump may make announcements on next day or two on reopening

    If you take out NY, only 14,000 people have died in the US. I am shocked at the over reaction that most states have had with this virus. Also, here’s a very interesting statistical analysis the correlation between shutdown responses and death rates.
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    No income tax this year?!

    It's not just me saying it. Even Captain Lockdown is saying it...... “All of the projections, by the way, all those statisticians have been 100 percent wrong at this point,” said Cuomo. “And we’ve been following the models because that was the only blueprint, but they haven’t turned out to be...
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    No income tax this year?!

    In the US they are advising doctors to list Covid as the cause of death for pneumonia deaths even if they have not taken a CV test. That is not standard as normally they would list pneumonia as the death if they did not have a positive flu test (which is very common).
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    No income tax this year?!

    This is correct. Also notice that pneumonia deaths have plummeted as Corona deaths became the flavor of the month, proving they’re either over attributing pneumonia deaths to CV -or- CV is just taking out people who otherwise would have passed away as soon as they contracted the flu or other...
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    No income tax this year?!

    CDC said as many as 2.2m in the US could die. They revised that down the 81k in two different revisions in the past 14 days. Gavin Newsome said 25m (yes MILLION) people in California could get the virus. So far about 21,000 have gotten it in Cali.
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    No income tax this year?!

    This is why you can’t have clinical epidemiologists running the economy. They’ve managed to destroy capitalism and in the process we see that their models have been as far off as 95% in many cases.
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    What are the repercussions of unlimited printing?

    This is why the bed wetters advocating for long/longer shut downs over a bad flu season should take a pause and realize there are significant consequences for those actions. You either have a Great Depression wave of defaults and extreme unemployment, or you have tax payer funded bailouts...
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    Gold, 10T in QE, and Inflation

    I do agree that stocks and gold are great bets. a 60/40 or 70/30 stock-gold allocation is what I'm positioning for.
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    Coronavirus: Scientists Warn the Virus Might Not Fade in Summer

    The models have been woefully wrong. The CDC has gone from predicting up to 2.2m US deaths, down the 200k then down to 81k in two different revisions in the past 11 days. And let’s face it, when it’s done it will be revised lower again. It’s basically a bad case of the flu, except there is a...
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    Business interruption insurance

    In order for business interruption insurance to be robust enough to cover losses from the Covid shutdown, it would take a Federal bailout. The insurance industry would not survive a 6 week shutdown of half the US economy without a government backstop.
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    Coronavirus: Bill Gates calls for 10 more weeks of lockdown

    It's very easy for billionaires (and multi millionaires) to advocate social distancing. Not so easy for the single mom cutting hair, or the local diner owner.
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    Buffet Selling DAL and LUV blocks.

    They’re gonna need a bailout fast. Air travel is virtually non existent
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    People want cash, NOT stocks

    I expect any bounces to be sold off quickly. This was a scare event, and many people will realize that their time horizon and risk tolerance doesn't fit a 70%+ allocation to stocks. When it bounces, and people get back 1/3 or half of their losses from the high, I would expect a wave of...
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    Why are the Japanese day traders so rich?

    This is true. There is a definite correlation between psychopathic/narcissistic traits and extreme levels of achievement, whether you're talking politicians, business executives, business owners, traders, athletes, etc.
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    Why are the Japanese day traders so rich?

    If you amass $370m USD why would you continue to day trade?
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    Where did the bear market go?

    I see the recent lows being tested again at least. Full ramifications of the shut down to the economy is still not known. Once some of the losses are erased there will be some that hit the eject button because they’ve been traumatized recently.
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