Notes From All Over -- The Delayed Morning Edition -- April 14, 2020

Meltdown 2020: these are the three data points that will speak volumes about whether US shale will survive or not, or if it survives, how it will do long term:

• Canadian dollar; threshold alarm? 66 cents on the US dollar;
• Oasis: whether it files for reorganization; see graphic at this post;
• CLR's activity in the Bakken

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For Collector's Only

Lego: ten years from now, this product will be retired, and going for 5x what it is selling for today. If one can find the set in an unopened box: Old Trafford -- Manchester United.

Chinese Pandas: the one-ounce silver coins.

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"Lock-Down Losers"

Surgeons and anesthesiologts: taking huge income hits, particularly orthopedic surgeons. All/most/much elective surgery is being postponed during lockdown.  Orthopedic surgeons:

• mostly elective surgery: knee, hip replacements; entirely elective
• sports injuries: sports canceled
• automobile accidents: no one is driving

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"Lock-Down Winners"

Makers of mini-vans: going forward, it might take awhile to see the data, but we're going to see a lot more delivery vans going forward.

The lock-down likely changed America's shopping habits for good. And that's going to result in a lot of minivans. Note: minivans (aka trucks): not subject to CAFE standards, as far as I know.

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The Apple Page

Doing very well, thank you for asking. Link here.

By the way, China vs US with regard to Wuhan flu, it may be counter-intuitive, but China has the upper hand with regard to the economy. I'm not making a value judgment (good or bad), it's just an observation.