Carr: “A retracement is normal because the decline made prices attractive to value hunters. Their buying pushed prices up, retracing part of the decline.”
Bauman: “Either it has to raise taxes to pay for those things, or it has to accept that it’s following ‘modern monetary theory,’ or MMT, which says that deficits don’t matter. Since the latter is highly unlikely, I expect taxes to have to go up.”
Lawsuit filing: “That these actions were taken as a result of or in response to the COVID-19 pandemic is no defense to L Brands’ clear breaches of the transaction agreement.”
SSA Commissioner: “The projections in this year’s report do not reflect the potential effects of the COVID-19 pandemic on the Social Security program.”
Jim Cramer: “Remember: this is a stock that is kind of impervious. Why? Because it’s got a great balance sheet and that’s what we’re looking at is balance sheets.”
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