Tesla’s CEO Elon Musk is creating controversy by calling for coronavirus lock-downs to be eased, and America to be re-opened. But when Elon questions the effectiveness of the lock-downs, their supporters question his reasons for opposing them. When Elon Musk tweeted a link to a Wall Street Journal article with a comment: Give people their…… Continue reading Elon Musk Demands — “Give People Their Freedom Back!”
Panic could be expensive. Interesting take on coronavirus outbreak. By John Ward of The Slog. “China has no choice but to shut down its output and face massive falls in demand. The one thing CoroNov19 is going to cut a swathe through is lots of obscenely overvalued stock markets around the world.” I hope Mr. Ward’s prognostication regarding stock markets…… Continue reading CORONAVIRUS: More Likely To Damage Your Wealth Than Your Health
On Friday (01/10/2020), the Dow Jones Industrial Average briefly crossed the 29,000 milestone, before turning lower. The index closed lower mainly to shares of Boeing, which slipped 1.9% and profit-taking from nice gains that have taken place. Over the last three months, the Dow has risen 8.8% (20% over the past 12 months). I wonder…… Continue reading The Dow Jones Industrial Index Breaks 29,000 First Time Ever!!!