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Mnuchin’s insistence that America’s major airlines partially repay taxpayer funds

Summary:
Maybe this is why Buffet sold his DAL and LUV at the bottom.... maybe he gets back in after this effective ownership  dilution by the govt is over... he normally holds through or even adds... Treasury Secretary Steven Mnuchin’s insistence that America’s major airlines partially repay taxpayer funds aimed at shoring up the industry has set up a clash between the Trump administration and the carriers https://t.co/DWhv6FQFwT — Bloomberg Economics (@economics) April 12, 2020

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Maybe this is why Buffet sold his DAL and LUV at the bottom.... maybe he gets back in after this effective ownership  dilution by the govt is over... he normally holds through or even adds...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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