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
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
That’s a catchy title. Clickbait, even. But I really think the oil cartels have lost control of the oil market, and that’s a good thing. Some very interesting events going on in the oil world. Now I’m not an oil expert by any means, so this blog post is nothing but the opinion of an … Read more The End of OPEC?
Note to Journalists: Saw this today in Business Insider. WeWork is a 9-year old provider of co-working spaces (a.k.a. real estate) that has raised more than $15 billion in funding. It’s headquarters are in New York. It’s primary investor, Softbank, is based out of Japan. It is not a tech company. It has nothing to … Read more WeWork is Not a Silicon Valley Tech Startup