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[Yahoo/Bloomberg] U.S. Stock Rise; Bitcoin Tops $18,000: Markets Wrap [Reuters] Dollar under pressure as vaccine hopes get tested [Yahoo/Bloomberg] China’s Credit Jitters Deepen a Selloff in Government Bonds [AP] Pfizer: COVID-19 shot 95% effective, seeking clearance soon [CNBC] Coronavirus live updates: Pfizer says its 95% effective vaccine works across all ages and races [CNBC] U.S. […]
Wilbur Ross: “Investors need to start thinking about inflation again,”. China AAA rated coal company suddenly defaults on debt Vote switching new? No, see attached: https://www.huffpost.com/entry/pennsylvania-voting-machine-switches-vote-obama-romney_n_2083015 https://www.warren.senate.gov/imo/media/doc/H.I.G.%20McCarthy,%20&%20Staple%20Street%20letters.pdf The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Dollar Depreciation Certain… Election? Not So Much November 18, 2020 “But here’s the deal. We go farther […]
[Yahoo/Bloomberg] Global Stocks Fall on Virus Angst; Pound Gains: Markets Wrap [Reuters] S&P, Dow retreat as coronavirus cases spike; Tesla surges [Reuters] Dollar nurses losses amid worries about second coronavirus wave, Biden transition [Reuters] U.S. retail sales miss expectations in October [CNBC] Coronavirus live updates: U.S. cases continue jarring rise as Europe’s second wave shows […]
[Yahoo/Bloomberg] U.S. Stocks Rise on Vaccine News; Bonds Decline: Markets Wrap [Reuters] World stocks head for record high on recovery, vaccine hopes [Reuters] Moderna trial success gives world more hope in race to end pandemic [Yahoo/Bloomberg] Junk Bond ‘Rally’ Tells a Deceptive Story [CNN] Thousands of cars form lines to collect food in Texas [Reuters] […]
[AP] ASEAN, China, other partners sign world’s biggest trade pact [Politico] An Unprecedented Election—and Its Bitter Aftermath—Seen from Across the Country [AP] Violent clashes in DC after Trump backers’ election protest [Yahoo/Bloomberg] Asian Borrowers Close In on Record for Dollar Bond Issuance [Reuters] Germans should brace for 4-5 months of severe COVID-19 measures, minister says […]
[CNBC] U.S. reports record Covid hospitalizations as states roll out restrictions ahead of holidays [Reuters] Wall Street Week Ahead: Stock investors cast wary eye on yield rally [Reuters] Biden aide says no U.S.-wide COVID lockdown planned as West Coast states advise against travel [AP] Biden faces tough choice of whether to back virus lockdowns [Reuters] […]
The “average stock” Value Line Arithmetic Index jumped 6.4% for the week. The NYSE Arca Oil Index surged 19.8%, with the Philadelphia Oil Services Index up 17.4%. The KWB Bank Index rose 11.5%, as the Nasdaq Bank Index advanced 13.6%. The Bloomberg REIT Index jumped 6.8%. The S&P600 Small Cap Index gained 7.5% for the […]
