Saturday 25 July 2020

The Bright Side

   Not all the news is bad during this time of the Great Flu. As someone who specializes in the contrarian, I thought I would provide you with a few good bits.

   One does not have to read the following article since the very good news is obvious in the headline: "Corporate Insiders Pocket $1 Billion in Rush For Coronavirus Vaccine," David Gelles and Jesse Drucker, New York Times, July 25, 2020.

  Jeff Bezos also continues to do well and you don't need to be concerned about his ex-wife. This was found on Bloomberg News:

Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012.
Bezos, Amazon’s 56-year-old founder and the world’s richest person, has seen his fortune swell $74 billion in 2020 to $189.3 billion, despite the U.S. entering its worst economic downturn since the Great Depression. He’s now personally worth more than the market valuation of giants such as Exxon Mobil Corp., Nike Inc. and McDonald’s Corp.
and
Mackenzie Bezos, his ex-wife, gained $4.6 billion Monday and is now the 13th-richest person in the world.

   If you are among the fortunate ones and are healthy, but still worried about the coming of the fall and the prospect that we might have to remain hunkered down, there are options like these:
   The marketing folks at Hilton Head are suggesting you can rent a home there and your kids can "Go Back to School Island Style."
   If you would rather be locked down this winter somewhere really warm, consider Barbados
Here are some related headlines:
Out of Office: Barbardos Prime Minister Welcomes Remote Workers: Proposes 12-Month Visa.
Working From Home Can Soon Mean Working in Barbados For Up To A Year.

The Bonus:
   Additional good news: The NHL resumes play on August 1, and you can watch the Kentucky Derby on Sept.5 and view The Masters in November. [the normal dates for these events were altered due to Covid.]
   So there; things aren't so bad.


   

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