News from johnpatrick.com

Ukraine

I continue to learn a lot of interesting details everyday on the Telegram app or website.

Deputy Commander of the Azov Regiment Captain Sviatoslav Palamar in Ukraine said, “We call on the world community to evacuate civilians and I personally appeal to the Supreme Commander-in-Chief to take care of wounded soldiers who are dying in agony from inadequate treatment. Provide the opportunity to pick up the bodies of soldiers so that Ukrainians can say goodbye to their heroes. Respond appropriately to a critical situation in which the enemy does not adhere to any ethical norms, conventions or laws, destroying people in front of the whole world, guided by permissiveness and impunity! “

Covid

On May 4, there were 105,215 new cases of Covid, mostly all BA.2. Hospitalizations on May 4 were 18,516. Deaths were down, but if hospitalizations continue to climb there may be increased mortality.  

The WHO dashboard shows what is going on country by country. Globally, as of  May 4, 2022, there have been 512,607,587 confirmed cases of COVID-19, including 6,243,038 deaths. The WHO believes the real number of deaths is closer to 15 million. U.S. deaths are at 986,698. A total of 11.6 billion vaccine doses have been administered. 

Space

SpaceX’s Crew-3 mission under NASA’s commercial crew program to the International Space Station undocked from the orbiting laboratory early Thursday morning on a Dragon capsule, splashing down a day later in the Gulf of Mexico after a six month stay.

Rocket Lab, a launch provider startup, had their 26th successful mission this week. Following SpaceX as the next launch provider aiming for reusable rockets, they attempted snatching their first stage from the air with a helicopter. The initial recovery was successful but the pilots ditched their payload. It was later recovered by ship.

– Aaron J. Patrick

 

Reflection Attitude

Some further progress on Reflection Attitude this week. A new in the Business chapter. Continued editing.

Wall Street

This was another really terrible week. Nobody knows where the bottom is. The ten-year above 3%. Tech continues to hemorrhage. The six GAMMAT stocks were all down and total $8.7 trillion. The other techs are way way down. I remain bullish on tech, large and small but it is going to be a long wait. Tempting to average down.

Crypto

Everything was down except the number of new cryptocurrencies. Bitcoin approaching half of its high. I continue to see signs of cryptocurrency becoming more mainstream. I got my new Gemini credit card this week. Gemini is a crypto exchange started by the Winklevoss brothers. If you use the card at a restaurant, you get 3% in Bitcoin.