Cosmo Kramer
I love Beer🍻🍻 and Dogs 🦮🐕🦺
- Joined
- Nov 24, 2010
- Messages
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UD basketball season ruined for me. The Reds finally spend money in the off-season and they aren't playing. So much sports optimism for once in my life and they can't play.Man this sucks
This is one of those times that you’ll look at on a chart in 5-10 years and wish you’d have backed up the truck. Anyone depending on short term market moves to make/lose money may as well go to the casino. Market bottoms are processes not 5 minute events. Quality and accumulation. If you are able to buy, add shares. If you aren’t, weather the storm. If you are depending on withdrawals for retirement... hopefully you can pull from non correlated assets or cash for a bit.This last few days bounce back of the stock market will be short lived. Expect it to keep going up after the bill passes for a bit ... And then it'll come tumbling down again in a week or so
I know Clay is all about the contrary and the inflammatory, but there is some good news sprinkled in here. Peak in the UK in 2-3 weeks and death total under 20k. Far lower than the same epidemiologist's initial projections just over a week ago. I expect the same to be true here in the US, relatively speaking.
That is a pay cut for most. I don't understand why someone would want to sit at home for $2400/month. Well, I do understand it, but....Wow .. read the details of the new 2T bill. People are going to be begging their employers to lay them off. Weekly unemployment benefits will be the normal weekly State check ($200 - $550 depending on the state) on top of $600 federal weekly up to 4 months. This works out to $20 - $27 per hour depending on the state to stay at home for 4 months. It will be tough to convince a lot of people to return to work before this 4 months expires.
What's in the $2 trillion stimulus package - CNNPolitics
Wow .. read the details of the new 2T bill. People are going to be begging their employers to lay them off. Weekly unemployment benefits will be the normal weekly State check ($200 - $550 depending on the state) on top of $600 federal weekly up to 4 months. This works out to $20 - $27 per hour depending on the state to stay at home for 4 months. It will be tough to convince a lot of people to return to work before this 4 months expires.
What's in the $2 trillion stimulus package - CNNPolitics
Wow .. read the details of the new 2T bill. People are going to be begging their employers to lay them off. Weekly unemployment benefits will be the normal weekly State check ($200 - $550 depending on the state) on top of $600 federal weekly up to 4 months. This works out to $20 - $27 per hour depending on the state to stay at home for 4 months. It will be tough to convince a lot of people to return to work before this 4 months expires.
What's in the $2 trillion stimulus package - CNNPolitics
I know Clay is all about the contrary and the inflammatory, but there is some good news sprinkled in here. Peak in the UK in 2-3 weeks and death total under 20k. Far lower than the same epidemiologist's initial projections just over a week ago. I expect the same to be true here in the US, relatively speaking.
capped at $275 even if you make more? So they punish you for being laid off?My company has us at 16 hours a week. Shifting to masks, face shields and still doing our normal hospitality industry stuff.
I'm wondering if those that are partially laid off will be eligible for the $600 a week from stimulus?
FL unemployment is a freaking joke....capped at $275.
capped at $275 even if you make more? So they punish you for being laid off?
To be fair, restrictions were only put in place about a week ago in the UK. He also says he recognizes that distancing measures aren’t feasible for 12-18 months. What’s more is that the estimated transmission rate is far higher than initially estimated at 3 people per 1 confirmed case. This means that far more people have gotten it, which means the death rate is far lower, which means far lower deaths in the aggregate, which is how he came to his conclusion.Clay is being quite disingenuos here, leaving out the obvious difference. The prior estimates were based on nothing being done. I didn't see anywhere in the article he said it was wrong...Clay just spitballing there.
Original estimate:
"The report, which warned that an uncontrolled spread of the disease could cause as many as 510,000 deaths in Britain"
New estimate after restrictions:
"He said that expected increases in National Health Service capacity and ongoing restrictions to people’s movements make him “reasonably confident” the health service can cope when the predicted peak of the epidemic arrives in two or three weeks. UK deaths from the disease are now unlikely to exceed 20,000, he said, and could be much lower"