Word: sixes
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...think we've seen a bottom. I don't think we've seen the bottom. If America's determining its policy on whether the stock market is up for a month, America's in worse shape than I'd realized. We could have a rally for who knows, six months, a year, we could have a rally for a while after having had the kind of collapse we did. In the '30s the stock market rallied frequently. But in the end it was still the Great Depression...
...come up with a reasonable guess would require more work than the entire length of the recession would allow. But, a pandemic is a long shot for several reasons. The most obvious reason is that healthcare and disease monitoring are much more sophisticated now than they were just six years ago at the beginning of the SARS epidemic, which turned out fortunately not to be an epidemic at all. (Read a TIME story on the lessons learned from SARS...
...also given sufficient moola to hire top-tier talent, who were put on handsome retainers. Tom Wolfe was rumored to be paid $12 a word; Michael Lewis $50K an article. David Margolick was poached from Vanity Fair, where the contributing editor's retainer was well into six figures. Less renowned staff writers were said to make over $150,000 a year. Deputy editor Amy Stevens was making north of $400,000, several colleagues said. Even some of the bloggers were hitting the $120,000 mark...
...oldest fair in the country, the San Marcos in Aguascalientes, which has taken place for the last 181 years, was suspended. The fair famously features bullfights but just six minutes before the toreros were to start, it was cancelled. The economic impact of such cancellations will mount as the panic - and the potential declaration of a pandemic - takes hold. Aguascalientes, for example, counts this time of the year as the high-point of its business calendar. The fair provides employment for a lot of people. (See the story about how the vaccine the CDC has prepared for swine...
Leaving the church I stopped a family of six, all wearing masks and asked them why they took the precautions. Justino, 46, a chemical engineer, said, "Being far away from Mexico, does not mean this cannot affect us. I am worried for my four children. All are under 14 and classes have not been suspended here. I think prevention is most important, the authorities have the responsibility to let us know what is going on. I think classes should be suspended. My children will not be going to school this Monday, until I know it is safe." His wife Monica...