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The Perfect Storm of the Stock Market II


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21 minutes ago, Yeshe said:
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would require companies to certify that they are not under the control of a foreign government.

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If a company can’t show that it is not under such control or the Public Company Accounting Oversight Board, or PCAOB, isn’t able to audit the company for three consecutive years to determine that it is not under the control of a foreign government, the company’s securities would be banned from the exchanges.

 

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Hypersonic

Secret new information.

Invest carefully.

:grin:

Coronavirus: Leaked Pentagon memo warns pandemic could last until summer 2021, including likely second wave, reports say

A leaked Pentagon draft memo says that the US should expect for the coronavirus pandemic to last until the summer of 2021, according to those that have seen it.

The Department of Defence document, obtained by Task & Purpose, advises the that the military prepare for a “globally-persistent” Covid-19 environment with no effective vaccine until “at least the summer of 2021.

Authored by Secretary of Defence Mark Esper, though not finalised or signed by him, the memo warns against any complacency that the virus will now be easily defeated: “We have a long path ahead, with the real possibility of a resurgence of Covid-19.”

It continues: “Therefore we must now refocus our attention on resuming critical missions, increasing levels of activity, and making necessary preparations should a significant resurgence of Covid-19 occur later this year.”

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Hypersonic

Wall Street underestimating 'tsunami' hitting the economy and supply chains: Former Home Depot CEO

 

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Turbocharged
1 hour ago, Jamesc said:

Secret new information.

Invest carefully.

:grin:

Coronavirus: Leaked Pentagon memo warns pandemic could last until summer 2021, including likely second wave, reports say

A leaked Pentagon draft memo says that the US should expect for the coronavirus pandemic to last until the summer of 2021, according to those that have seen it.

The Department of Defence document, obtained by Task & Purpose, advises the that the military prepare for a “globally-persistent” Covid-19 environment with no effective vaccine until “at least the summer of 2021.

Authored by Secretary of Defence Mark Esper, though not finalised or signed by him, the memo warns against any complacency that the virus will now be easily defeated: “We have a long path ahead, with the real possibility of a resurgence of Covid-19.”

It continues: “Therefore we must now refocus our attention on resuming critical missions, increasing levels of activity, and making necessary preparations should a significant resurgence of Covid-19 occur later this year.”

No scare, ur BFF says reopen all business. Most people won't feel any symptoms anyway and the virus will just go away :D

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6 minutes ago, Jamesc said:

Wall Street underestimating 'tsunami' hitting the economy and supply chains: Former Home Depot CEO

 

Should we really take economic advice from someone who ran a major american car maker into the ground?

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Turbocharged
1 hour ago, Jamesc said:

Secret new information.

Invest carefully.

:grin:

Coronavirus: Leaked Pentagon memo warns pandemic could last until summer 2021, including likely second wave, reports say

Spoiler

 

A leaked Pentagon draft memo says that the US should expect for the coronavirus pandemic to last until the summer of 2021, according to those that have seen it.

The Department of Defence document, obtained by Task & Purpose, advises the that the military prepare for a “globally-persistent” Covid-19 environment with no effective vaccine until “at least the summer of 2021.

Authored by Secretary of Defence Mark Esper, though not finalised or signed by him, the memo warns against any complacency that the virus will now be easily defeated: “We have a long path ahead, with the real possibility of a resurgence of Covid-19.”

It continues: “Therefore we must now refocus our attention on resuming critical missions, increasing levels of activity, and making necessary preparations should a significant resurgence of Covid-19 occur later this year.”

 

 

Frankly, I'll prefer people to set their mindset to living with this virus forever.

The reason is very simple.

The faster we adapt, the better we can handle future crisis. Not just a pandemic but anything thrown last minute at us.

The human brain is very powerful. The same power that makes human flexible also make them stubborn.

:whisper:

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Hypersonic

Everyone needs to be in their own protective bubble.

We cannot take protection too seriously.

:grin:

image.thumb.png.d515b1240b7a9a316d4def6b284950b4.png

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15 hours ago, inlinesix said:

 

ADR for companies like Petrochina will be delisted too? Those are obviously under govt (SASAC) control right?

Does the wording of the bill also affect temasek/GIC owned companies? As might technically be seen as govt controlled although we know they aren't because the government has already said they are independently run.

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Hypersonic
8 minutes ago, Albeniz said:

STI lau sai today.

Anyone going in to pick some durians in the afternoon?

No after reading the secret pentagon report

my rambutans from this size became this size.

:grin:

image.png.869568c509ec2a29636c62eae66d80f6.png

image.png.67021c2eeece28e595e17ef9a5b9afca.png

Quote

 

A leaked Pentagon draft memo says that the US should expect for the coronavirus pandemic to last until the summer of 2021, according to those that have seen it.

The Department of Defence document, obtained by Task & Purpose, advises the that the military prepare for a “globally-persistent” Covid-19 environment with no effective vaccine until “at least the summer of 2021.

 

 

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On 5/21/2020 at 10:46 AM, Lala81 said:

Any opinion on ST engineering? XD.
How come they have 2 dividends in Apr and May ?

pick durian today? 😄

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Think is the new law China wants to pass in HK.

Hang seng almost down by 6%.

 

Careful when picking Durians, don't get hit or trip.  

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40 minutes ago, Albeniz said:

Is it because everyone is taking profit on Friday and celebrating the long weekend?

dont want to expose on uncertainty during the weekend ma

sekali crazy drumpf push the "red" button, how? lol

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On 5/20/2020 at 2:23 PM, Throttle2 said:

Depends on what size the absolute amount.

But yes with age and responsibility confirm balls shrink

i no longer skydive

i no longer hit 300kmh on the track

i no longer hold more than $750k in any single investment.

 

No la towkay 750k is too much la 

你太看得起我了。

but we at different life stage. 
I still need to work and accumulate $$  
very far off from you! 

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(edited)

Huat ah

Still range trading but a new higher range has been established

Market holding firm and tight in the mid 24s going into the weekend

Those who sell in May and Go Away would already have missed out quite a bit.

We are in messed up times. All the QE and govt intervention has turned the book of economics upside down.   Expect what you dont expect.

Good luck

 

17433BC9-A13C-4B63-B6A9-7BD465D8C1C7.jpeg

Edited by Throttle2
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looks like US China cant even wait for the current crisis to be over and are already trying their best to create the next one!

small fish like us going to get concussed by the turbulence the big whales create.   

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