/chronicle

When configuring a Google Nest for a Ruud or Rheem heat pump make sure to select the B reverse valve wiring option, not the default O which is also selected if you choose “I don’t know” during the initial Nest Equipment setup procedure. The Equipment options, including the heat pump configuration, can be found under Settings on the main Nest menu. Ruud and Rheem are the only brands who energize the reverse valve for heating, not cooling, the opposite of all other manufactures. “The guys at Century Supply (Rheem/Ruud dealer) say they are the only one’s who got it right.” Debatable and probably dependent on where you live. Is going without heat or cold air more important to you if the reverse valve failed?

Been watching this article play out in real life for about a decade. Older generations out for more and more financial gain to the detriment of youth will result in a third world America faster than any hyped derivative of a deadly cold ever will. Just last week I heard my third, very financially stable boomer tell me they thought of retiring this year but “didn’t know what (they) would do”. How about get out of the workforce so some recent college grads can get some real work experience? Very few generations prior to those born before 1965 had “all about me” on free flow. Just ask any one of them how they vote, the answer always has something to do with their money. This is the generational divide, and younger voters being pushed out of the economy will vote against Boomer cash. In about a month we’ll going to see it happen. This election cycle is about more social issues than financial, to the detriment of Republicans. A lot can be avoided if we want to talk about profits and returns to shareholders that are causing major social issues, like healthcare.

https://finance.yahoo.com/news/intergenerational-conflict-is-getting-worse-deutsche-bank-analysts-warn-200542605.html?soc_src=community&soc_trk=fb

Trump’s just mad he doesn’t get to be one of the Dictators he idolizes. He craves the mafia power of Putin and the media control of Kim Jong Fat Man, whatever his name is. Don’t be surprised when he doesn’t accept election results in November so Congress better prepare for that fight now, it will fall to the SCOTUS. His militant followers will may surround the White House to prevent enforceable removal, the national guard could become involved before it ends. Many of those people are looking for a fight, some still itching for a race war and a chance to use their “hunting rifles” that are not “assault weapons” in their “well regulated militias”. Often this is how dictatorships are born but ultimately it won’t work here. As events unfold remember this isn’t prediction, it’s logical conclusion.

Why would Proshare’s Consumer Services short (SCC) be lower now than it was in late 2018? Was there more concern over the consumer driven economy over tariffs than there is over every hotel, bar and restaurant in the country being closed right now? When something like this doesn’t make sense I typically jump on it. With a 2018 high near $30 seems $14 to short consumer services in the coming months almost seems like no brains are required. Anyone who thinks the consumer economy is climbing out of Corona fear any time soon has lost touch. So many “happy day” investors looking for a place to park and gain in a perpetual bullshit market. Investing is supposed to be a risk and shorting mitigates gambling in a rigged market deigned only for Good Times.

Here are a few tech companies doing very well during quarantine because of their services to support remote workers:

1. Citrix Systems, owners of join.me, GoToMeeting, XenApp and other application services supporting remote workers and collaboration. Almost all hospitals publish medical applications via Citrix XenApp as well.
2. Microsoft. Thanks to Sharepoint, Office 365 (now “Microsoft 365”, and most importantly Skype.
3. Slack.com. The most prominent corporate collaboration tool in use by most enterprises.
4. Zoom Video Conferencing. If you can log in. Their servers were slammed on Monday and Tuesday but they have increased back end resources dramatically over the last 48 hours, thanks to a dump truck load of cash put in their driveway this week.
5. Cisco Systems. They probably sold more AnyConnect remote access VPN licenses in the past 2 weeks than they sold in the past two years. Hoping I don’t have to buy more!

There are a lot of non-tech companies profiting from this too. 3M, Dupont, very smart of GM and Ford to start making ventilators since their auto production lines are shuttered. It’s not 100% doom and gloom but I you’ve got to feel for those who made a decision to start their own business within the last couple of years. Then there are the gig workers and the bars and restaurants they rely on = 60 days or less until desperation and panic mode.

One big lesson US small business operators should learn from this situation: A couple thousand isn’t enough, start thinking in terms of tens and even hundreds of thousands in reserve before hiring full time employees. Any company that can’t pad one month of business downturn has no business hiring at all.

Time for another panic check. The media is producing comparison charts to make COVID-19 look worse than other historic outbreaks. They NEVER include N1H1 which started right here in the USA.

“The CDC estimated that from April 12, 2009 to April 10, 2010, there were 60.8 million H1N1 cases, with 274,304 hospitalizations and 12,469 deaths in the U.S. alone. They also estimate that worldwide, 151,700 to 575,400 people died from (H1N1)pdm09 during the first year. Unusually, about 80% of the deaths were in people younger than 65 years of age”.
“Although it is not unusual in pandemics, over time, the fatality rate of COVID-19 has steadily decreased. For example, according to the China CDC study, in patients whose symptoms began between January 1, 2020 and January 10, 2020, the fatality rate was an astonishing 15.6%. But in the patients who didn’t report illness until February 1 to February 11, in China, it was 0.8%”.

“It’s worth noting that even after China got the death rate down to 0.7%, or even 0.4%, that’s still about four to seven times greater than the death rate for seasonal flu. (The rate for the flu is about 0.1%—or 1 in 1,000 patients.)”
It’s even lower than .4% in the US right now. Young, healthy people are not gonna die despite the number of empty cots in gyms published by the media. And toilet paper still isn’t going to save anyone with preexisting conditions indicating they could. Learn lessons from old people in Italy who run around kissing each other on the face while living 5-6 deep per apartment. Yeah, don’t do that.

https://www.biospace.com/article/2009-h1n1-pandemic-versus-the-2020-coronavirus-pandemic/