You hear it all the time: The Dow is up slightly in moderate trading. The Dow is steady in light trading. The Dow is down sharply in heavy trading. I could make a bingo card for you, with light, moderate, and heavy trading along one side and up, down and steady along the other. It’s inescapable, tagging the end of news broadcasts on radio and television, and faithfully tracked in the financial sections of news websites. It is also completely useless as financial information, as broadcast and printed. It is
Friends, loved ones, strangers, I am prompted to write by a recent conversation. An old friend of mine (by which I mean the mother of one of my childhood friends) got Covid a month ago. Thankfully she was fully vaccinated, so a mild case. I told her that she now needed to be extra careful about wearing a mask in public. She said, “Why? Doesn’t being infected make your immune system stronger?”
No. No no no. A thousand times no.