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New Lows

New Lows

4,422 cases were reported yesterday, a pandemic low, and 7,782 on Saturday.  We are fast approaching well under 10,000 per day, Fauci’s baseline for “normal.” But sure, keep wearing a mask… Hat tip Scott Morefield/@SKMorefield    ...
Collateral Damage

Collateral Damage

“The COVID-19 pandemic and restrictive mitigation policies have forced millions of children worldwide into poverty, with devastating effects on their access to education, nutrition, shelter, sanitation, and overall likelihood of survival.“ More here:  Global...
-94%

-94%

Yet another new low, but…keep those masks on!  Hat tip Charlie Bilello/@charliebilello
Drawdowns Happen

Drawdowns Happen

And each one has created an incredible buying opportunity for patient equity investors.  Why Stocks?:  “Investors own stocks to participate in the growth and ingenuity of human beings and enterprises over time. In doing so, they hope to outpace inflation and...
Masks Don’t Work

Masks Don’t Work

“10 US states never mandated masks statewide in any setting. Here I plot their normalized excess mortality against the 10 nearest states that did. Ceteris paribus, those with no mask policy had 18% LESS excess mortality.” Hat tip Joel...