Small-business owners prepare for slow months, seasonal slumps, and staffing interruptions. They even spend time planning for natural disasters, cash flow shortages, and changes in government regulations. But one of the last things most businesses are ever thinking about is being looted in times of social turbulence. That is, unfortunately, what is happening today to […]
Archives for April 2020
President Trump Readies Make America Great Again II
David Marcus writes in The Federalist: On Saturday President Trump expressed support for the idea, put forth by Fox News’ Dana Perino, of a White House task force focused on reopening the American economy. For several weeks now the White House coronavirus task force, headed up by Vice President Mike Pence has taken center stage […]
How Bad Has the Pandemic Been? How Bad Will It Be?
Pandemic Report No. 2 “U.S. Coronavirus Death Toll Hits Highest Any Country Has Suffered in One Day”—Daily Beast, April 3 “Coronavirus May Kill 100,000 to 240,000 in U.S. Despite Actions, Officials Say”—The New York Times, March 31 Not so fast! Let’s all take a deep breath and see if it is possible to make sense […]
What Should Harley Do Now?
Harley was Young Research’s “Stock of the Decade” in the 1990s. The shares were first recommended as a buy in May of 1992 at a price of $3.62. During the 2000s, we advised a series of buys and sells chronicled in the chart below. The chart runs through 2007 and there was only one […]
Cape Cod’s Barnstable County Reports 283 Covid-19 Cases
Joe Barrett reports in the Wall Street Journal: Resort towns rely on visitors as their economic lifeblood, but as the new coronavirus pandemic rages, many are asking nonresidents to stay away. More than 12,000 residents of Cape Cod, Mass., signed a petition this week asking authorities to turn away visitors and nonresident homeowners from the two […]
In Rotation During Lockdown: Miles Davis, Round About Midnight
In rotation during lockdown, Miles Davis, Round About Midnight. Here is one of my favorite jazz albums of all time, Miles Davis’ Round About Midnight. Red Garland was the pianist in the group. Enjoy!
Remington Wants to Fight COVID-19: Anti-Gun Governor Cuomo Denies the Help
In the Age of Coronavirus –Separating the Political Wheat from the Chaff
When this is all over – the coronavirus – Americans will understand that once the federal government fully grasped the breadth of the virus crisis, it moved with “soberness, speed and a spirit of cooperation.” What the coronavirus has done, writes Kimberley A. Strassel in the WSJ, is separate those who are leading from those […]
Investing Takes Faith
Coronavirus Infects Stock Market: Part XXIV Once again, you’ve been telling me all week how much you miss Richard C. Young’s Intelligence Report. That’s OK. I’m used to it especially in times like these. But don’t despair. If you’ve followed Dick’s advice, through thick and thin, you’re in the catbird seat today, because one of […]
Rapid-Response Book on the Corona Crisis
Talk about quick action. The coronavirus crisis has been with us for just three months, and the American Institute for Economic Research (Great Barrington, Massachusetts) already has a book available from Amazon. It’s Coronavirus and Economic Crisis, with 24 contributors and edited by Peter C. Earle. AIER summarizes the main takeaways of the book: The […]