2023 is going to be GREAT (here’s why)

"Looks like 'The Masked Singer' was ahead of its time." - Jason   Hey there carnivores,   Markets were up Tuesday...so much for that end of June sell-off. Below, we'll break down how Goldman Sachs plans to cover up.  Keep raging, Jeff & Jason   Mask On   "Mask on, f*ck it mask on." - Future / DJ D Sol. Goldman Sachs' chief economist, Jan Hatzius is coming for Dr. Fauci's crown. Jan indicated that a federal mask mandate could help save the economy. Hear me out, Joe Rogan fans... The numbers don't lie. According to the Goldmanite's math, making masks mandatory could increase the percentage of people who wear one by 15% and decrease the daily growth rate of COVID cases by 1%. This could spare us another lockdown and an additional 5% hit to GDP should round two of quarantine come to fruition.   Fauci speaks   Goldman's best and brightest weren't the only ones letting everyone know what the f*ck is up… Dr. Fauci (ever heard of him?) spoke to a Senate panel yesterday and said the count in new daily 'rona boi cases could rise from the 40k (what we're seeing now) to as high as 100k if we don't get our sh*t together. The panel is currently seeking a second opinion from Dr. Birx. He also mentioned that he was concerned about how economies have reopened with seemingly no controls and stated the US is going in the 'wrong direction' in terms of virus containment. And although he didn't come out and say it, we're pretty sure he was begging for free Nats tickets... The Surgeon General, Jerome Adams, added "Please, please, please wear a face-covering," and every third-grader knows if you say please enough times people might actually do it.   The Third Horseman of the Coronapocalypse  Fed Chairman Jerome Powell spoke as well warning that if the second wave of 'rona boi washes ashore then we all may need to go back into our bunkers for round two of social distancing.  Oh and he mentioned that the Fed will keep interest rates at the current target of 0.00 to 0.25 and maintain numerous liquidity options to keep the economy afloat. The latest idea so crazy it might just work (purchasing corporate bonds) began this week. *Money printer goes brr*   The bottom line...   "Wow, sounds bad. So everyone is doing their part to ensure that corona doesn't make the economy its b*tch again... right?" Let's check in on the USA, shall we? First up, Arizona, where 3.8k people tested positive on June 28 and things are an absolute sh*t show. Just 40% of respondents to a survey said they always wear a mask in public. AZ is being forced to close bars, gyms, and theaters again for the next thirty days. No word in if the AriZona Iced Tea supply chain will be disrupted. Meanwhile, in Massachusetts, 80% of respondents indicated that they wear a face mask all the time, and only 224 new cases popped up on Saturday.        Former Professional Basketball Player Humiliates Wall Street Pros…    By Hitting A 90% Win-Rate  On His Trades In Q1 2020 All From Trading The Same Symbol  Each and Every Day       Watch Now   ☑️ Ripping ass(ets). Shell is the latest oil company to write down the value of its untapped drilling assets as O&G companies have been all aboard the struggle bus as demand for the liquid gold continues to wane. The British oil company, or petrol as they say across the pond, reduced its assets by $22B. It's the latest move in the "Covid-19 Saga", which includes cutting its dividend, the workforce, and other operational costs. Taylor Lautner will not be appearing in any of the sequels. In writing down the assets, Shell is effectively halting its extraction projects throughout the world. The biggest hit is coming as part of a $9B natural gas (LNG) operation in the land down under (spoiler: it's Australia). The stock was down 3% on Tuesday. ☑️ The North remembers. Look familiar? Google purchased the smart-glasses company, North, in a deal that is estimated to be worth $180M and gives Google total ownership. It was initially backed by Amazon, though it's unclear if the online marketplace is still involved. The move furthers Google's focus on augmented reality and its goal to create "ambient computing." Soo Skynet? Google has its own Google Glass product that failed to gain popularity in 2012 because it was expensive, contained a camera that made customers worry about their privacy... and made users look like a virgin. ☑️ Space cowboy. Move over Elon, there's a new space sheriff in town. Amazon Web Services announced that it is upping its outer-space game to offer its cloud computing services to space programs. AWS already has its foot in the door, operating various communication programs for satellites.  Space appears to be the next frontier, again. With the capabilities shown by SpaceX's launch earlier this year and the fact that space is becoming a tourist destination, it's no surprise that Bezos and the Evil Empire are throwing their hat in the ring. ☑️ Everyone deserves a second chance. The Government is giving small businesses another chance to apply for PPP loans as over $130B remains in the fund yet to be granted. Yesterday marked the deadline for applications but Treasury Mnuchin and Congress are working on legislation to repurpose the funds to those industries hit the hardest. Like, you know, Ivy League universities... Congress is looking to have something put together by the end of July with businesses having to prove that revenues have dropped over 50% thanks to the pandemic. Both parties agree that it should be earmarked to help restaurants, hotels, and other hospitality businesses get back on their feet.   RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website,application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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