I’m terrified that we are going to reopen our economy too quickly at the expense of human lives.

by Luma44 I’m a father, a husband, a taxpayer, a full time employee. I’m working hard to provide for my family. I’ve never accepted a handout. I’ve fortunate enough to say that I’ve never needed unemployment. I’ve never filed an insurance claim. If I need more money, I’ve been lucky enough to have opportunities to … Read more

The old saw that dividend stocks are good for bear markets is actually a high-risk gamble.

By Wolf Richter for WOLF STREET. Dividend yield can be an irresistible siren song in the era of central-bank interest-rate and bond-yield repression: Harley Davidson’s dividend yield was over 7% until this morning – when it announced that it would slash its dividend by 95%, from 38 cents to a symbolic 2 cents to conserve cash. Going forward, … Read more

With Superfluous Demand in Free-Fall, What’s the Upside of Re-Opening a Small Business?

by Charles Hugh-Smith Since superfluous demand was the core driver of most consumer spending, and that demand is in free-fall, what’s the upside of re-opening? The mainstream view assumes everyone will be gripped by an absolutely rabid desire to return to their pre-pandemic frenzy of borrowing and spending and consuming, the more the better. While the urge to … Read more

Carnival Cruise Chest CT Findings: Of 104 cases, 76 (73%) were asymptomatic, 41 (54%) of which had lung opacities on CT

This is pretty wild. They took scans of 104 patients from the cruise ship and of 104, 76 (73%) showed no symptoms including difficulty breathing yet ground-glass opacities were found in 54% of them. That means that the disease was eating at their lungs even without any symptoms. Remember that Harvard study which showed up … Read more

The market rate for virus supplies 3 months ago…

by TeRiYaki32 I’ve heard from friends at two different companies in the past week that are getting pandemic supplies for their staff. There are large, national business supply companies out there who have started reaching out to other businesses, offering to be their supplier for pandemic items like gloves, masks, sanitizer, etc., in addition to … Read more