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Bombshell 💣 🎆
(This is not financial advice. Continue to seek the counsel of qualified investment professionals to make level-headed and rational decisions that are reasonable for your personal goals) I have recently come across something quite significant in my daily reading, to which the implications are so dire that I haven’t even finished processing them myself: The …
(Arvin Bahl) One Rule for Some
Matt’s Note 2021-01-13: This has not aged well. https://www.economist.com/letters/2020/06/20/letters-to-the-editor There is another reason for the popularity of fake news on the political right (“Return of the paranoid style”, June 6th). It is the double standards found in most of the media’s reporting. This conservative complaint is not entirely a myth. Take covid-19. Widespread demonstrations in …
(Gita Gopinath [IMF]) Reopening from the Great Lockdown: Uneven and Uncertain Recovery
The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying in many emerging market and developing economies. Several countries have started …
(Dr. Michael Osterholm) Assessing COVID-19 Risk As The U.S. Reopens:
I am not a doctor. Please follow the advice of your country’s public health officials (or, if they are being subverted and are hampered in their data collection and dissemination of information to the public due to idiotic political pressure, please also consult the WHO and reputable public institutions) Assessing COVID-19 Risk as the U.S. …
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(Ted Kavadas) Substantial Peril Inherent In the U.S. Economic Situation
economicgreenfield.com/2020/06/01/substantial-peril-inherent-in-the-u-s-economic-situation/ This is not financial advice *I also have no idea what I’m talking about Matt’s Note: While I have not thoroughly vetted this source, various corroborating viewpoints from other varied sources lead me to conclude that there is no pressing reason to doubt it: Various surveys, economic growth projections, and market risk indicators portray …
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(Dr. Michael Osterholm) Infectious Disease Doctor On Stay-At-Home Protests, Coronavirus Testing
Previously: Today: wbur.org/hereandnow/2020/04/20/coronavirus-infectious-disease-doctor NPR Here & Now‘s Jeremy Hobson speaks with Dr. Michael Osterholm, director of the Center for Infectious Disease Research at the University of Minnesota and author of several books on killer germs. This segment aired on April 20, 2020. More: (CNN) Infectious disease expert: We’re only in the second inning of the …
(James A. Kostohryz) Stimulus Will Not Prevent The Next Leg Down In U.S. Stocks
(This is not financial advice. I have no idea what I’m talking about on this topic anyways.) ⚠️: This article reflects that Matt’s opinion aligns with the following author on seeking alpha, without a full pretense of certainty or full supported basis in readily observable facts as with other postings: seekingalpha.com/article/4337130-stimulus-will-not-prevent-next-leg-down-in-u-s-stocks Summary Fed and Treasury …
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(Harvey V. Fineberg) Rapid Expert Consultation on the Posibility of Bioaerosol Spread of SARS-CoV-2 for the COVID-19 Pandemic
nap.edu/download/25769 From: en.wikipedia.org/wiki/Harvey_V._Fineberg To: en.wikipedia.org/wiki/Kelvin_Droegemeier Harvey V. Fineberg, a noted researcher in the fields of health policy and medical decision making, writes to Kelvin Droegemeier, who is currently serving as the Director of the Office of Science and Technology Policy and Acting Director of the National Science Foundation, On the possibility of airborne, respiratory transmission …
(MIT Sloan School of Management) Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu
papers.ssrn.com/sol3/papers.cfm?abstract_id=3561560 We find that cities that intervened earlier and more aggressively do not perform worse and, if anything, grow faster after the pandemic is over. Our findings thus indicate that NPIs not only lower mortality; they also mitigate the adverse economic consequences of a pandemic. Matt’s note: a preliminary version of this paper (seeking comments) …