Ceo got a pay raise today - gotta justify it with a rosy long term view!
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They also presume that a second wave of virus doesn’t return in the fall.
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So I’m supposed to go from “don’t leave the house and when I do only buy canned goods and toilet paper” to “I’m better off than I was a year ago” in 4 months?
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Yes by fall you will be buying your heart out
End of conversation
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Anything beyond Q2 is pure speculation imho
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there is an indication it’s temperature sensitive perhaps not flu level but it does impede its spread https://www.accuweather.com/en/health-wellness/new-study-says-high-temperature-and-high-relative-humidity-significantly-reduce-spread-of-covid-19/703418/amp …
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Gotta keep the rubes from dumping their stocks too soon!
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I agree. The economy was receding before the spread of the virus. At best, Q4 may slowly improve. Yet, how many of those affected by layoffs and job losses will be able to spend come the holidays? GS is underestimating the trauma people are undergoing
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