Dragon BNBs, Keep on Trucking, and the Muscular Genes
Finally, we close with brief comments on Dragon BNBs, Keep on Trucking, and the Muscular Genes. First, Air BNB reports that its business in China has begun to recover from the epidemic there. However, its volumes still stand down 50% from where they stood one year ago. For those who want to understand what is really occurring in China, we suggest they follow Dragon BNBs among other statistics. Second, with the economy shut down, trucking continues on as critical goods still need to be moved for consumers to consume. Freight volumes rose 1.4% overall in Q1 2020 compared to Q1 2019, with consumer staples offsetting declines elsewhere. As trucks move 71% of all goods in the country, we say Keep On Trucking. And Third, Pfizer recently announced some early stage results for its gene therapy for Muscular Dystrophy. According to a recent study, gene therapy appears to halt the progress of this devastating disease. Should this prove true, science will finally defeat a disease that has withstood the test of time creating Muscular Genes and providing one more step on the stage to The Bionic Human.
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