If I have the right LinkedIn profile this fellow is ex-BlackRock but don't hold that against him.
This thread was written four months into the pandemic
Believe their governments and dutifully obey orders to shelter in place while supply chains dissolve, they lose jobs or small businesses and eventually the middle class is wiped out. Inexplicably large big box businesses are allowed to operate and folks are allowed to shop there
— Ed ☯️Free Thinker & Oracle (@DowdEdward) May 3, 2020
Get rewards. The social order breaks down and folks begin to get depressed & suicidal from isolation and some even starve to death. The virus inexplicably keeps re-emerging according to the global governments so more restrictions and punishments are enacted. Protests are not
— Ed ☯️Free Thinker & Oracle (@DowdEdward) May 3, 2020
I first saw him commenting on the Indiana insurance guy who said they were seeing a spike in deaths among younger insureds. Which video seemed a little off, so we didn't post.
But we did begin tracking the five largest group life insurers, since they would catch deaths among younger policyholders who often don't own life insurance as a stand-alone but do if it is offered as part of a buffet o'bennies at work
Our tracking has been rather crude, just stock prices (unfortunately some important insurers in this field are mutuals and thus, no stock prices) and we haven't seen any rush for the exits by managements or sophisticated holders of the stocks.
Dowd on the other hand, kept at it and since it is earnings season is now going through K's and Q's for a more granular look.
HT that Dowd stuck to it: ZH, "Long Funeral Homes, Short Life Insurers? Ex-Blackrock Fund Manager Discovers Disturbing Trends In Mortality"
