Don’t Forget the Dow

I don’t usually pay much attention to the DJIA. It’s a nonsense index that’s manipulated six ways to Sunday and has little following in the investment community. Having said that, the financial press reports on it all the time and the average Joe, seeing this, seems to care. As a result, we often see weird … continue reading →

COVID-19: What to Expect

Updates are in reverse order, meaning the latest update is just below. UPDATE:  January 18, 2021 It has been almost a year since our first post on the coronavirus [see: More Where That Came From.]  We tried to stay away from politics. But, it was often very difficult – such as when this Feb 25 … continue reading →

Coronavirus – Why the Complacency?

I’ve done some calculations on the spread of the coronavirus in Italy, which has presumably learned a thing or two from China’s experience but suggests a path for other countries just now coming to terms with their own exposure. Granted, Italy’s quarantine and aggressive treatment might put a dent in the exponential rate at which … continue reading →