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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (63682)4/7/2020 1:44:16 PM
From: Paul Senior  Respond to of 78915
 
MC. Some of these kinds of companies are asking Moelis for help. Maybe MC will be one of those companies which does better in falling economy. I add a few shares to my few now. The approx. 7% div yield helps...assuming it will hold.

finance.yahoo.com



To: Madharry who wrote (63682)4/7/2020 1:45:26 PM
From: Ditchdigger  Respond to of 78915
 
My state (socialist VT) will be hurting big time. Underfunded pensions will eat us alive on top of preschool-12 costs. And school taxes, which are part of our property taxes. Reality is setting in at the democrat super majority controlled state house.

"— The fiscal projections for Vermont’s education fund are now even worse than had been expected.
Analysts speaking with the House Ways and Means and Appropriations committees on Friday said that they expect the fund will lose $89 million in revenue this year because of COVID-19’s economic impact — about twice as much as previously projected.(I don’t think I’ve ever seen a correct projection by our state analysts!—they are consistently wrong)

This means COVID-19 will likely wipe out the fund’s reserves, and leave a $40 million deficit that lawmakers will have to contend with as they mull a massive budget adjustment in the coming weeks. “Basically, the ed fund is insolvent at this point,” said Mark Perrault, an analyst with the Joint Fiscal Office – Xander Landen


Another interesting blurb for today, things one doesn't think about
"The University of Vermont Board of Trustees unanimously approved a resolution Monday during a call-in meeting that delays creating next year’s budget due to financial uncertainty caused by the coronavirus pandemic.