I literally called the top on feb 12 aka blind squirrel finds nut. This rise in the markets is crazy. IMHO, bull trap. Big business has not yet started to fail and is likely to. High unemployment. Stimulus won't work well. We are far from the bottom.https://twitter.com/Molson_Hart/status/1227748919653937154 …
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Molson Hart Retweeted Michael Smith
Very not good. Virus may be coming back in China. Ugh. https://twitter.com/mikesmithafr/status/1243048672637489154?s=21 …https://twitter.com/MikeSmithAFR/status/1243048672637489154 …
Molson Hart added,
Michael SmithVerified account @MikeSmithAFRHome quarantine Shanghai style. Police are today installing alarms on our door. We can open the door 4 times a day at set times to dump rubbish/collect food. This is on top of existing monitoring by compound security guards, nosy neighbours and the prospect of prison if we go out1 reply 0 retweets 2 likesShow this thread -
Unless the virus mutates to become more deadly,
#COVID19 will never be as bad in in the United States as it is in NYC right now. - dense - public transport - many places of worship - cold (good climate for transmission)1 reply 0 retweets 1 likeShow this thread -
Molson Hart Retweeted William
Strong supporting evidence that the Chinese numbers are fake (duh). Increasing evidence that the virus is ramping up again in China after loosening of restricts. Going to be a very long year folks.https://twitter.com/cowboyInNY/status/1243541979138580481 …
Molson Hart added,
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I'm generally of the opinion that the economic stimulus is not going to work as well as people are hoping. Basically, the idea is: no amount of money or gift cards, whatever, will create the impulse to buy a cruise ticket or go to a restaurant.
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It's important to know that things like this happen. 1945-2020 was an unusually good period in the West. Almost no hardship or big disasters. How much stimulus do we pump into the system when we don't get a summer? https://en.wikipedia.org/wiki/Year_Without_a_Summer …
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Molson Hart Retweeted
If this is true, NYC is going to get wiped out by this bug. 50% positive rate? Must be a ton of undiagnosed cases. https://twitter.com/antonioregalado/status/1243626438500192263 …
Molson Hart added,
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I'm pretty blown away right now. I see videos of people on subways in NYC and that city is not taking nearly the precautions they need to. NYC might, real talk, be worse than Wuhan soon.
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We spent about $6,000 on a booth at New York Toy Fair on Feb 22-25. I cancelled our attendance on Feb 16, disappointing and perplexing my employees, business contacts, etc. It's nothing compare to what HCW face, but it wasn't an easy decision at the time. Looks great now.pic.twitter.com/73sWpbhwJT
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Replying to @Molson_Hart
Damn, you were ahead of the curve. Did you escape the stock market's decline too?
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I was 70% or so in cash anyways. So...sort of?
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