Resonance Financial @RezFin

Sophisticated Wealth Management by Jason W. Self, CFA. Fee-only financial planning and asset management in #Austin #Texas. #CFA RezFin.com Austin, TX Joined July 2012

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Resonance Financial @RezFin

6 years ago

@RossyNole10 @JordanSpieth @GolfChannel @PGATour @TPCSawgrass @SpiethLegion @tonyromo @JustinThomas34 @Ragolf11 @anderct1 A yet a first tee announcer thinks Rickie Flower is in the PGA.

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Resonance Financial @RezFin

6 years ago

@jimcramer It's about market mechanics at this point. Fundamentals don't matter if a squeeze is in play.

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Resonance Financial @RezFin

6 years ago

@chamath They left their car in neutral on top of a hill and laid down behind it. WSB just gave it a nudge.

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Resonance Financial @RezFin

6 years ago

@cameron They might be able to offer physical bitcoin for people to buy in their stores.

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Resonance Financial @RezFin

6 years ago

@rlbreskin @realwillmeade Seriously doubt they would care if they pushed someone into BK

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Resonance Financial @RezFin

6 years ago

@chamath Go down the list of this highest short interest stocks. SPCE is your play. Companies can no longer have this type of tail risk, WSB risk, and must adjust their models and positions.

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Resonance Financial @RezFin

6 years ago

@MattHaneySF Because that's what $75 million buys you. If you start pulling down the vanity of naming things for the super rich, you will stop getting funding like this.

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Resonance Financial @RezFin

6 years ago

@businessinsider 20 million rely on it according to this story, while 300+ million pay vastly larger more in premiums and deductibles. Great "affordable care", Obama.

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Resonance Financial @RezFin

6 years ago

@TomBrady @TB12sports willing to bet that this guys gets COVID. Hope that he doesn't but I think he's undershooting the odds.

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Resonance Financial @RezFin

6 years ago

@realDonaldTrump You get dumber every day. I'm sure you are for this because it makes you look better if the numbers are fewer, but it's clearly stupid.

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@CPAPlanner IMO, the market is pricing in a best case scenario. I believe that there are many negatives to come. The bankruptcy wave takes time to occur and then to ripple out, but I believe it will rock our boats. Daily metaphor over.

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Resonance Financial @RezFin

7 years ago

@jimcramer They did much better in round 2. The big issue for small business owners is that the SBA seems to be changing the rules as we go along. How helpful is that if you are worried about meeting their criteria?

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Resonance Financial @RezFin

7 years ago

@realwillmeade It's certainly possible. The rebound may turn out to be a gift. The fact that the stay at home effect benefits the top 20% of the S&P hides the real pain. Still, max under weight equity (not all), increase cash, and have a game plan devoid of emotion.

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Resonance Financial @RezFin

7 years ago

"Jeffrey Gundlach says a retest of the low is ‘very plausible,’ market underestimating social unease" cnbc.com/2020/04/27/jef…

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Resonance Financial @RezFin

7 years ago

@CNBC Too much went to large businesses that got away with it due to the 500 employee per location rule. Scrap that aspect and reload for real small business left out in round 1.

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Resonance Financial @RezFin

7 years ago

@ChaseSupport @Iam_SKYNET Funds will be exhausted today or later today. I'm willing to bet not all applications were reviewed sequentially and there will a fair amount of litigation over it.

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Resonance Financial @RezFin

7 years ago

@stevenmnuchin1 @realDonaldTrump @senatemajldr @SenSchumer @SpeakerPelosi @GOPLeader EIDL capped at $15k, PPP almost out of funds with vast majority of real small biz left out. When biz is forced to close thru not fault of their own, the gov better show up with bigger and broader support.

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Resonance Financial @RezFin

7 years ago

@PeterSchiff It's simple, many people will not. It's also why many employers with lower paid employees will layoff instead of really use PPP to keep paying them, even if they get the loan.

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Resonance Financial @RezFin

7 years ago

@emuhof @ChaseforBiz They received 375,000 requests. You assume all of these can be handled in a week?

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Resonance Financial @RezFin

7 years ago

@stevenmnuchin1 @SBAgov You are doing as much as you can, but you need to honest about how well these programs are being executed. SBA cannot handle a fraction of this work. Banks are behind too and seem to be focusing on their larger and best business relationships. True small biz = back of line.