Well, that didn’t age well. A few months ago, I thought OPEC was doomed and low gas prices would stick around for a while. Well that declining chart turned around rather quickly. So gas prices are back to where they were before the crisis. So what happened? First, according to oil analysts, there has been … Read more I suck at predicting – OPEC Edition
In my last post, I made some predictions. How are those doing? The stock market will be lower by Dec 31, 2020. — This could still happen. The stock market is choppy right now. Travel industry businesses won’t go bankrupt. — We haven’t seen any yet. Countries will be slow to open their borders. — … Read more Predictions After Six Weeks
I’m no futurist, and don’t have a crystal ball. But I am still willing to put in writing some things that I think will happen with this crazy world. In my last post, I predicted that the stock market would be lower by Dec 31, 2020. I still believe that. Some travel industry businesses (hotels, … Read more 10 Predictions for (The Rest of) 2020
There has been a lot of debate, in some circles, as to the reason why the stock market has almost recovered from the “crash” it experienced in March. A lot of professionals don’t seem to get it. But I have a theory. The “bear” argument goes like this… We are now facing record levels of … Read more Why is the Stock Market Going Up?
Maybe we will never see a movie in a theatre again. Or maybe it will be a once-per-year thing. The US box office estimates for April 2020 are $45,000. In April 2019, movies made about $1 billion in revenue, so that’s about 99.995% less. (source) Universal Pictures released Trolls World Tour direct to “rent from … Read more Movie Industry Permanently Changed Due to COVID-19