Daily Note, Morning Edition -- March 25, 2020

Word for the day: koan.

• definition: paradoxical anecdote or riddle, used in Zen Buddhism to demonstrate the inadequacy of logical reasoning and to provoke enlightenment. 
• provide a video example: link here (when the video pops up, it might start playing immediately, but you need to click on volume)
• I could listen to this all day; very, very poetic, from a great philosopher
• count the number of times he touches his face; puts his fingers to his mouth

Phrase for the day: deep doo-doo.

• example: Saudi oil at $3/bbl; link here.
• HFI Research on Twitter: "The market has never faced a paper surplus of 10 mb/d in a month. Instead, shut-ins, displacements and refusal to sell well below cash cost break even going to be the name of the game. Let’s see how Saudis and Russians like it when contango blows out. $15 Brent = $3 for Saudi. https://t.co/8D6RSM1eYy" / Twitter

Saudi Arabia: deaths due to coronavirus double overight; from one death to two deaths. Countries / states to watch:

• China
• Italy
• US: NY, WA, CA, TX
• Saudi Arabia

Daily local supermarket review:

• Sophia and I visited two neighborhood markets today: Tom Thumb and Albertson's
• both were deserted; maybe six customers in each store
• unlike other days when a huge number of employees were stocking shelves, there was no stocking going on today; very, very concerning;
• the shelves are becoming more and more bare
• non-perishable staples were non-existent
• eggs were unavailable; milk was available
• most produce available 
• no butter; a few tubs of margarine
• memo to self: need to stay ahead of this -- order off Amazon
• we ordered flour from Amazon yesterday; at doorstep today