LONG DEATH

While correlation doesn’t always equal causation…

It’s morbid AF to have a “long death” portfolio, but if people are dying, people are dying. And we’d wish for them and their loved ones to have as dignified an experience as one can get in such shitty conditions.

Funeral homes — a picture is worth a thousand words.

From Service Corporation International’s (a funeral business) 10K. Notice the acceleration in stock returns starting in 2021 (vax rollout began). Both Service Corporation and their peer group were up more than 40% versus the S&P 500 (26%).

It is worth mentioning that Service Corporation is a $7.5bn company. It’s going to be hard to hide things in this and peers.

Now Wall Street is waking up. Check out Amerisafe, a large health insurer. From their last earnings statement this is particularly interesting:

The mainstream media whores may be ignoring it, but Wall Street is figuring it out.

I caught some of the company’s conference call. Analysts are obviously suspicious that the “only like event in 36 years” is likely “medically related.” The company was clear that auto and construction are ruled out. In other words, the losses were not related to claims in these sectors. They were very guarded about and mentioned their risks of “crossing the line that involves medical privacy.” It appears therefore to be medically related. We don’t know for sure but this is worth watching.

Moving over to Germany, courtesy of my good friend Paul Henderson who shared this with me:

Large German health insurance company analyzed data from 10.9 million insured individuals regarding vaccination complications.
“According to our calculations, we consider 400,000 visits to the doctor by our policyholders because of vaccination complications to be realistic to this day. Extrapolated to the total population, this value would be three million,” says BKK board member Andreas Schöfbeck in a report by WELT.
“The numbers that resulted from our analysis are very far away from the publicly announced numbers. It would be unethical not to talk about it.”
The new data is an “alarming signal,” adds Schöfbeck.

You’ll need to translate the whole piece here.