What happens when you wash your wash your hands with soap? Why is hand-washing for 20 seconds is the most important defense against COVID-19? The following neat infographic provides the answer to those questions and more: Click to enlarge Source: RFE/RL
In a democratic country it is often said you get the leaders that the people vote for. In this context the US is no different than any other democrazy. The US failed miserably in in its response against COVID-19 by political dithering and drama. In some ways the virus also exposes the weaknesses of the …
Continue reading ‘Fascinating Guardian Article on The Epic Failure of the US Against Coronavius’ »
The S&P/TSX Composite Index is down about 26% year-to-date. However it was down much before the 19% jump in the index in 3 days last week. The index reach a peak of 17,970 in Feb. Then it plunged dramatically in just a few weeks all the way to 11,172. This was the worst sharp decline in …
Continue reading ‘Comparing Canada Stock Market’s COVID-19 Crash To Past Routs’ »
The US equity market crashed dramatically in the past weeks as market participants woke up to the fact the US is not immune from events happening in far-away countries. The utter madness that prevailed in the market before the collapse such as the constant hype over Tesla(TSLA) and other hot stocks now looks dumb.These days …
Continue reading ‘Huge One-Day Gains Are Common During Bear Markets Than Bull Markets’ »
The S&P 500 is in a bear market with a loss about 29% year-to-date as of Mar 20th. After soaring to record highs markets, sold off dramatically in the past weeks. With COVID-19 spreading with no end in sight and countries struggling to contain the virus, nobody knows where the markets are headed. One can …
Continue reading ‘Knowledge is Power: Emerging Markets, History Lessons, Behavioral Traps Edition’ »