Wednesday, May 13, 2020

Monday morning

Hindsight is a wonderful thing. Many talking heads are saying what should have been done and how much better off the country would have been. If these people didn't know this until now they are all in the same boat as the rest of us but if they knew this in advance why didn't they speak up. If they knew that China was mishandling information why didn't they tell us. Why didn't they suggest stopping air travel from China in December instead of when Trump did it in January. Why didn't they request the stock piling of PPE last year. In fact while this virus threat was developing most of the news people were not even discussing it. This is not unusual but rather the norm. The news people handle most high profile events as Monday morning quarterbacks. It is mindful of how the news tells us everyday why the market did what it did yesterday. If they want to be helpful they should tell us what it will do tomorrow. Its OK to report the news as that is their job but to criticize using hindsight is no help. It is just an ego trip.

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