Harry S. Dent Jr.'s Blog

April 6, 2020

Paddleboarder Arrested For Not Social Distancing… While Alone in Ocean

This is just one more thing that makes you go, Hmm. Last Thursday, Malibu lifeguards saw a man paddleboarding in the Pacific Ocean.  They yelled at the man to get out of the water because he was breaking the stay at home orders, but that would’ve meant stepping onto the beach where the police had
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Published on April 06, 2020 13:31

Democratic Voters Split Over Biden and… Cuomo

New York Governor Andrew Cuomo comes across as a gruff, no-nonsense New Yorker.  As the virus pandemic unfolds, especially in New York City, he also appears to be straightforward and looks like he’s making common-sense decisions. In a way he’s reminiscent of Mayor Rudy Giuliani in the days after 9/11, and now he’s gaining national
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Published on April 06, 2020 12:58

Denmark Takes Lead on Reopening After Virus

Most Western nations are locked up tight as drums during the coronavirus scare, but several Nordic countries are charting a different course.  Sweden took the rational approach, asking those at risk to remain under self-quarantine and for the rest of the population to pay attention to social distancing.  They figured the virus would spread anyway.
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Published on April 06, 2020 11:33

White House Versus Health Experts Over Using Malaria Drug for COVID-19

At what point is a drug considered effective against a disease? President Trump and his advisors think that points comes when patients respond positively to the drug.  Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, and other health experts think you have to wait for results of extensive clinical studies.
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Published on April 06, 2020 08:03

White House Considering Coronavirus Bonds in Throwback to War Bonds

During wars through WWII, the U.S. government sold war bonds, which were simply Treasury bonds that funded the U.S. government like at any other time.  What made them different was the marketing.  By positioning them as war bonds, the government wanted to give people a reason to buy them at a low interest rate even
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Published on April 06, 2020 07:53

Russia Hints At Oil Deal, Prices Fall Anyway

Oil prices rallied the most in history last week, but the 40%-plus gains only lifted prices from just under $20 to near $30.  That’s not going to make anyone in Texas or North Dakota feel better.  U.S. shale producers need oil prices over $50 to be comfortable, and even at that level they don’t make
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Published on April 06, 2020 03:14

April 5, 2020

Good News Ahead on Coronavirus? Model Shows Peak in NYC in 5 Days, Peak Across U.S. in 11 Days

A well-regarded University of Washington model shows that the number of deaths in New York City should peak around April 11, and deaths should peak across the nation around April 16. It looks like Italy, the worst hit spot in Europe so far, has already turned the corner. Italy reported its lowest daily death toll related
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Published on April 05, 2020 23:34

Fewer Cars On Road Hurt Red Light Camera Revenue; No One Sheds a Tear

Redflex has a pretty good gig.  The company monitors red light camera across the country, noting drivers who don’t stop before making right hand turns and those who run red lights straightaway.  But the coronavirus clampdown has taken many commuters and leisure drivers off the road, dramatically reducing the number of traffic violations and Redflex’s
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Published on April 05, 2020 16:05

Fake Coronavirus Testing Sites Are Popping Up

Emergency situations draw all kinds, including good Samaritans, volunteers, everyday heroes, and the occasional scammer. The coronavirus pandemic is no different. Last week in Louisville, Kentucky, a group contacted Sojourn Church Midtown asking to use its parking lot to conduct Covid-19 tests. Church leaders did a cursory check of the group and then agreed. The
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Published on April 05, 2020 13:39

Husband Ruins Virtual Ironman Triathlon for World Champion Wife

Something about good deeds comes to mind. Former World Champion Ironman competitor Mirinda Carfrae recently competed in the first Ironman Virtual Reality (VR) Pro Challenge Women’s Race from the comfort of her home in Boulder. Colorado. She was comfortably riding her bike in second place when suddenly her screen went blank and she went off
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Published on April 05, 2020 12:34