CoronaPanic, Edition 13 | Value Investing News

CoronaPanic, Edition 13

  • This is where you are going to see supply chains get rationed and there will be further spin-off business disruptions that are second and third-order effects of shutting down half of a country’s economy and shutting in the population.
  • They’ve got a billion and a half dollars of secured credit, so the unsecured holders are going to get killed (or more precisely, they’ve already been killed).
  • There is a lot of “liquidity sniping” on the TSX.
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