Tuesday, March 10, 2020
The breakdown
You know, some stuff is going on. Just yesterday, we had these headlines:
-- Stocks on the S & P 500 lost almost 8% of value in one day, the biggest dip in over a decade.
-- Italy locked down the entire country, requiring permission to travel.
-- Several schools, including Stanford, Princeton, Columbia, NYU, and Amherst, canceled in-person classes and shifted to distance learning.
-- Three or more members of Congress (reports vary) are in self-quarantine.
-- A dispute over production limits between Saudi Arabia and Russia led to a crash in oil prices.
That's a lot of ominous news. It is one of those times when leadership matters to both inspire and create solutions.
We will see if that leadership emerges.
