‘Ask Anything’ Coronavirus+Markets Live Q&A Webinar #3

Chris and I just discovered we have a free window of time tonight and will be holding another 1-hour live “ask anything” Q&A webinar this evening, Friday, Feb 27 at 7:30pmET/4:30pmPT. Why is this event restricted to Peak Prosperity’s premium subscribers? Two main reasons: One — we expect a number […]

Market Mayhem Update: Is It Safe To Re-Enter?

After last week’s continued meltdown, stocks rebounded sharply earlier this week, with Tuesday’s gains setting an all-time one-day record for both point and percentage gain: Questions we’re now hearing from PP.com readers over the past few days include: Given the announced QE and $2 trillion stimulus package, is the bottom […]

Daily Digest 3/27 – Good News Friday: The Virus Can Be Stopped, Why Germany’s Death Rate Is Far Lower Than Other Countries

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy Why Germany’s Coronavirus Death Rate Is Far Lower […]

Coronavirus: The High Cost Of Being Wrong

Picking up from yesterday’s video rebutting the latest media campaign of “It’s not going to be that bad” opinion pieces from ‘experts’, Chris investigates the cost of being wrong in these predictions. This is important because government and health care response policies are being influenced by these experts. If we […]

Daily Digest 3/26 – Ending Social Distancing Will Lead To More Deaths, That Discomfort You’re Feeling Is Grief

Economy Hospitals consider universal do-not-resuscitate orders for coronavirus patients (Jade M.) The conversations are driven by the realization that the risk to staff amid dwindling stores of protective equipment — such as masks, gowns and gloves — may be too great to justify the conventional response when a patient “codes,” […]

If You Die From The Coronavirus, What Will Happen To Your Assets?

This is an update to Peak Prosperity’s report on estate planning, which the coronavirus pandemic has suddenly and sadly made very relevant. Everyone with a family should take the time to read this. Millions of us are now under home lockdown with little to do but watch the global covid-19 […]

Coronavirus: Listening To (And Rebutting) The Critics

All through February and into early March, the media was awash with headlines that scoffed “Don’t worry — it’s just the flu”. While most of those news outlets have pivoted and are now more likely to print sensationally fearful articles (the same who accused our data driven approach as “fear […]

The Coronavirus Pandemic Is Forcing Leaders To Decide: Save Lives Or The Economy?

Governments around the world are struggling to answer: What’s the bigger priority, saving lives or the economy? Lots of strong opinions on both sides and not lot a lot of agreement (yet). China-style lockdowns are hard for most leaders to swallow, as they result in gut-wrentching economic losses, mass job […]

Daily Digest 3/25 – America Is Shutting Down, Grocery Stores Are the Coronavirus Tipping Point

Economy Senate, White House reach $2 trillion stimulus deal to blunt coronavirus fallout (Sparky1) The agreement capped five straight days of intensive negotiations that occasionally descended into partisan warfare as the nation’s economy reeled from the deadly pandemic, with schools and businesses closed, mass layoffs slamming the workforce and tens […]

Daily Digest 3/24 – Trump Considers Reopening Economy, Why Mass COVID-19 Testing Is Key To Stopping Spread

Economy Trump Considers Reopening Economy, Over Health Experts’ Objections (Sparky1) Relaxing those restrictions could significantly increase the death toll from the virus, public health officials warn. Many economists say there is no positive trade-off — resuming normal activity prematurely would only strain hospitals and result in even more deaths, while […]

Even The Young & Healthy Are Getting The Coronavirus

Covid-19’s exponential spread across the world continues unabated; except in China, where the rate of officially reported new cases has slowed dramatically. At the same time, cases in India are on the rise. Might India be the next big outbreak trouble-spot? Time will tell. Meanwhile, this honey badger of a […]

Daily Digest 3/23 – The 6 Conditions For A Market Bottom, What Calling in the National Guard Means

Economy Doug Noland: There’s No New Bubble Coming To Save Us (CleanEnergyFan) Let’s touch upon prospects for Bubble reflation. There was an abundance of positive spin coming out of the previous bust period. “If only the Fed hadn’t incompetently failed to bail out Lehman, crisis could have – should have […]

Coronavirus: World Leaders Now In Panic Mode

As the coronavirus outbreak enters the BOOM! phase in a fast-increasing number of countries across the globe, world leaders are scrambling to implement tighter and tougher controls. Sadly, most of these desperate official actions will be necessary but insufficient. The time to adopt China’s heavy-handed tactics was weeks ago. At […]

Daily Digest 3/21 – Staggering Rise in Jobless Claims This Week, The Hammer And The Dance

Economy Coronavirus: The Hammer And The Dance (JK) The UK has seen a similar set of measures: lots of recommendations, but very few mandates. These two groups of countries illustrate the two extreme approaches to fight the coronavirus: mitigation and suppression. Let’s understand what they mean. Before Virus Outbreak, a […]

Market Meltdown Update: Is It Over Yet?

The financial markets have continued falling this week, making this recent crash the fastest plunge into a bear market in history: We’ve received a lot of questions from PP.com readers over the past few days: Is the carnage almost over? What’s going on with this week’s drop in gold, silver […]

Daily Digest 3/20 – Good News Friday: No New COVID Infections In China, ‘Caremongering’ In Canada

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy The coronavirus pandemic began in China. Today, it […]

Chloroquine: A Promising Coronavirus Treatment?

Finally some good news? Several drugs show promise for treating covid-19. Chloroquine (and hydroxychloroquine), an anti-malarial drug, is in the news today, prominently mentioned during President Trump’s morning press conference. Research does indeed indicate that chloroquine has ‘apparent efficacy and acceptable safety against covid-19 associated pneumonia’, and has shown to […]

Coronavirus: The Home Lockdown Survival Guide

Lockdowns are rippling across the world this week, with an accelerating number of cities, counties — and entire countries — issuing mandatory ‘shelter in place’ orders. Whether you saw this coming or not (and way too many didn’t), here we all are. Stuck at home for….how long? We don’t know […]

Daily Digest 3/19 – April Could Be Worst Month Ever For Oil; Truck Driver Shortage, Ill Farm Workers May Threaten Food Supply Chain

Economy Layoffs intensify, leading to soaring unemployment claims as coronavirus closures continue (Sparky1) Pennsylvania experienced more than 50,000 on Monday and more than that on Tuesday, according to a tally from economist Jacob Robbins and the Pittsburgh Post-Gazette. Minnesota officials saw more than 31,000 applications on Monday and Tuesday, the […]

Coronavirus Lockdown! Now It Gets Tough

With millions now living under home lockdown (or as it’s more gently referred to, “mandatory sheltering in place”) the serious reality of the coronavirus’ impact is sinking in. Confined to remaining in your home, squeezed in with family members, can be frustrating and stressful. Especially if you’re watching your savings […]