Archive for the 'General' Category

Funny stuff

Tuesday, March 24th, 2020

Is it 1619, 1620, or what?

12 years and counting

Monday, March 23rd, 2020

12 years ago oil went to $147 a barrel and took down a lot of companies. Now it’s happening again with oil at $20 a barrel and so forth.

No need for Pearl Harbor

Monday, March 23rd, 2020

Yikes: The Pennsylvania Department of Transportation reopened 13 of its 30 rest stops on a limited basis on the interstates and throughout the Pennsylvania Turnpike.

Glad that WWII closed long before the other side could have figured out that all they needed was panic!

Yawn

Sunday, March 22nd, 2020

Most boring panic ever.

Boring.

The cure for Corona Corona must be nearly here

Saturday, March 21st, 2020

From a serious “politician”: The president is turning to racist rhetoric to distract from his failures to take the coronavirus seriously early on, make tests widely available, and adequately prepare the country for a period of crisis.”

More here. And let’s not forget dining with Bono, which we thought was the guy on TV with Cher.

Corona Corona means Short Short

Friday, March 20th, 2020

Here’s Tucker, and we’ll bet there will be a very long line of people in government and elsewhere who should go to jail.

Proof of Corona Corona

Thursday, March 19th, 2020

This is a very serious disease.

More blah blah

Wednesday, March 18th, 2020

If it comes from China it’s guess what. No, you’re RRRRR. Finally, we don’t have to go this far, but still. Hey, there’s really no end to the media nuttiness.

Bonus fun: VDH gets really fancy.

1, 2, 3

Tuesday, March 17th, 2020

It’s an old song, but the lyrics today are different. Italy and Iran are numbers 1 and 2. And number 3 is CGTN. A good portion of the reason the markets are crazy is that so many people know what the new Chairman Mao has been up to.

Yawn

Monday, March 16th, 2020

So the market is down 3000 points and we took 2 E175’s to and from important meetings, and they were about 5% full of paying customers. Maybe we can remember how to link to newspaper articles soon and again, but maybe we’re just too tired from all the excitement…

10 minutes in that other universe

Sunday, March 15th, 2020

We tuned in on that other universe on our jog, and discovered that the election in the fall will be cancelled by the USA’s version of Xi Jinping. You learn something new every day…

155,227

Saturday, March 14th, 2020

That’s the total Corona Corona today. We’ll check back in a week and see what the numbers are. We expect the numbers to be small; if not, we’ve transformed…

Reading, etc.

Friday, March 13th, 2020

(a) 1619 v. 1776; (b) 1957 achoo – we had all those viruses; (c) up 1958; (d) how did Orange Man get to be so lucky versus Xi: having Corona Corona alert him to fixing the unsafe amounts of critical imports from China. That’s it for now, thanks.

Now we know

Thursday, March 12th, 2020

NYP:

A Chinese government spokesman has tried to blame the US army for the deadly coronavirus outbreak, which was declared a pandemic by the World Health Organization this week. Chinese Foreign Ministry spokesman Zhao Lijian claimed Thursday that the US military might have brought the COVID-19 virus to the Chinese city of Wuhan, where the outbreak emerged in December. “When did patient zero begin in US? How many people are infected? What are the names of the hospitals? It might be US army who brought the epidemic to Wuhan. Be transparent! Make public your data! US owe us an explanation!” Zhao tweeted in English in one of a series of tweets critical of the US. The comments appear to be retaliation in a war of words with Washington. Chinese government officials bristled when Secretary of State Mike Pompeo referred to the coronavirus as the “Wuhan virus,” and decried when President Trump called it a “foreign virus” that started “in China.” The contagious illness has now infected more than 125,000 people in at least 118 countries

So now we know that, in whatever fashion, China’s government is the source of the nasty Wuhan virus. Sometimes state controlled media can actually be helpful, and you can turn off the TV.

2,352.6

Thursday, March 12th, 2020

WSJ: “Stocks Plunge 10% in Dow’s Worst Day Since 1987. For the day, the Dow industrials shed 2,352.6 points, or 10% to 21,200.62. The S&P 500 sank 260.74 points, or 9.5%, to 2,480.64. And the Nasdaq Composite slid 750.25 points, or 9.4% to 7,201.80.

Companies most exposed to the coronavirus outbreak were particularly hard hit, and airline and cruise shares helped lead the tumble. United Airlines Holdings dropped 25%, Delta Air Lines fell 21%, and Spirit Airlines tumbled 33%. Royal Caribbean Cruises plummeted 32%. On Thursday, Princess Cruises canceled all voyages for the next two months after two of its ships suffered coronavirus outbreaks.

But few parts of the market were immune. All 11 sectors of the S&P 500 tumbled, with losses led by the real estate and industrial sectors. Even companies that investors thought would reap the benefits of the virus tumbled. Clorox ended the day down 6.3%. Gilead Sciences, which has started testing a virus treatment, fell 6.1%. all three major indexes are down more than 16% for the week.”

We have no idea what is going on, but this is very odd.

What’s going on?

Thursday, March 12th, 2020

Travel from Europe to US banned? Meanwhile China is apparently getting back to work. Some things here do not add up. Something is very wrong with 2 views of the world 180 degrees apart. Any ideas? – let us know.

Yawn

Wednesday, March 11th, 2020

WSJ: “The Dow closed at 23553.22, down 20.3% from its record of 29,551.42 reached Feb. 12.” Better call Joe, he’ll know what to do with that brain of his.

Back to Wuhan

Tuesday, March 10th, 2020

WSJ:

Xi Jinping visited the quarantined city of Wuhan on Tuesday for the first time since the coronavirus was identified there, reflecting confidence that the epidemic’s spread has been largely contained within China. Mr. Xi’s visit, which came as Italian authorities locked down the entire country and governments from the U.S. to Iran scrambled to contain the fast-spreading virus, follows weeks in which China reported a steady decline in new infections.

In an unannounced trip, Mr. Xi arrived in the stricken metropolis of 11 million people to visit front-line medical workers, military personnel and community workers, state media said. Wuhan, the center of the epidemic and capital of Hubei, has been locked down since late January as part of unprecedented measures curbing movement for hundreds of millions of people across China.

Mr. Xi stopped by a local hospital and residential community, where he praised Hubei and Wuhan for achieving “important interim results” in containing the coronavirus and voiced optimism that victory was near at hand. Even so, he urged continued vigilance and all-out efforts to defeat the epidemic, describing the task as “arduous and onerous.”

Our advice: stay young and outside of Iran if possible.

Earth to stock market

Monday, March 9th, 2020

A 24% decrease in the price of oil in one day, back to where it was a half-century ago, is bullish and not a reason for the stock market to lose 2013.76 points.

Possible good news?

Sunday, March 8th, 2020

WSJ:

As Chinese authorities voiced confidence they were containing the country’s coronavirus outbreak, the official Xinhua News Agency meticulously chronicled President Xi Jinping’s personal battle against the epidemic — from visiting front-line medical workers to fielding calls from foreign leaders.

In a glowing article published this past week, the state-run media organization concluded that Mr. Xi’s dedication proved he has a “pure heart like a newborn’s that always puts the people as his number one priority.”

Officials and the government-controlled press have kicked into high gear to shower praise on Mr. Xi, portraying him as a decisive leader who rescued his country from a public-health catastrophe and bought time for the rest of the world to prepare defenses against the highly contagious new pathogen.

There could be lots of reasons for this coverage; the best perhaps is that Xi’s people have determined that the worst of Corona Corona is behind them. Bonus: in other news, someone has gotten a new voter.