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Bloomberg (October 27)

2023/ 10/ 29 by jd in Global News

“The VIX is at 20, stocks are on the brink of their worst October in five years, and every other day the bond market throws a fit. For equity bulls conditioned to dive in at any sign of weakness, it’s getting to be too much. Across investor categories, they’re pulling money out” and moving to a defensive posture.” But “from a contrarian standpoint, all the gloom is a positive, suggesting latent buying power should sentiment ever flip.”

 

Earth.Org (August 25)

2022/ 08/ 27 by jd in Global News

“Southwest China is battling the worst drought in more than half a century. Rainfall in the Yangtze River Basin is at its lowest since 1961, down 45% from last July.” Some places “have not seen rain in more than two months” and Yangtze water levels “have halved, affecting trade, limiting drinking water supplies, and causing rolling blackouts.”

 

Forbes (August 24)

2022/ 08/ 26 by jd in Global News

“Europe’s worst drought and heatwave in half a millennium is also a disaster in the realm of energy.” Though unspeakable suffering has followed in its wake, “it is the drought, especially the drying of European rivers, which should worry everyone the most…. Rivers are Europe’s economic and transportation backbone, and their drying will drive up energy and commodity prices” and stifle logistics and energy production. “Rivers form an invisible but vital infrastructure to every part of the European economy, and energy is no exception.”

 

Motley Fool (July 2)

2022/ 07/ 03 by jd in Global News

“During the first six months of 2022, the S&P 500 dropped 20.6%, marking its worst first-half performance since 1970” while “the Dow had its largest first-half drop since 1962” and “the Nasdaq… had its largest percentage drop in its history.” This has left “a lot of investors worried, and understandably so. But while things might seem bleak right now, the reality is that investors really shouldn’t panic.”

 

CNN (February 3)

2022/ 02/ 05 by jd in Global News

“Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public company,” dropping $240 billion or 26% of its market cap. “The eye-popping drop in value is a reminder of just how massive the tech giant really is. Meta’s market cap has now declined by an amount that is greater than the total valuation of most public companies.”

 

Financial Times (April 19)

2021/ 04/ 20 by jd in Global News

“India’s currency has swung from emerging market leader to laggard as the country battles a ferocious wave of coronavirus infections, prompting concerns among global investors that a nascent economic recovery will crumble.” During Q1, the rupee was “the only emerging market currency to gain ground on the dollar.” Since April, it has plummeted 3%, “the worst performance” of its peers.

 

Washington Post (January 19)

2021/ 01/ 21 by jd in Global News

“The challenge — and the opportunity — for Joe Biden is that he succeeds the worst president in U.S. history. Donald Trump’s tenure was characterized by colossal incompetence and mind-numbing indifference to the public good.” As a result, the new president will face the biggest challenges since Franklin D. Roosevelt. “Paradoxically, by taking over at such a low point in our history, Biden is set up for success” and his approval rating is already “higher than Trump’s ever was.”

 

New York Times (November 16)

2020/ 11/ 16 by jd in Global News

“Donald Trump lost the election. He knows it. But he won’t admit it.” The outgoing president is “the Absolute Worst Loser. He has spent his life gaming the system, so it’s no surprise that he can’t accept defeat.”

 

Wall Street Journal (October 31)

2020/ 11/ 02 by jd in Global News

“The Dow Jones Industrial Average declined Friday, closing out its worst week and month since March in the final lap of the presidential race. Volatility reigned” as “investors have been spooked by a record high in coronavirus infections in the U.S., fresh lockdowns in Europe that threaten economic growth and a mixed bag of earnings report from big technology companies.”

 

Milwaukee Journal Sentinel (October 15)

2020/ 10/ 17 by jd in Global News

“Wisconsin’s crisis is one of the worst in the country.” New COVID-19 cases “have continued their meteoric rise unfettered since September, the daily average more than quadrupling in six weeks, so it’s likely that hospitalization and death numbers will become even more dire in coming weeks.” With coronavirus patients tripling in the last month, “hospitals across the state are at or near capacity.”

 

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