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Health authorities in Beijing are bracing to finally allow a team of WHO scientists to visit Wuhan and other parts of the PRC as international curiosity about the origins of the virus appears to peak alongside the number of new cases, hospitalizations and deaths.
With trillions of dollars wasted on the supposed "Green Energy," the nGeni New Technology Class may actually be the only real solution to get the world out of our dire energy predicament we now face.  The nGeni Green Box's success comes from tapping into 88% of global wasted energy-heat...
Gold prices have numerous catalysts ahead, GraniteShares CEO Will Rhind says following Citigroup's new bullish target of $2,500 an ounce by 2021.
"Several participants... expressed concerns that a significant expansion in asset holdings could have unintended consequences."
The status quo has been increasingly rigged to benefit insiders and elites as the powers of central banks and governments have picked the winners (cronies, insiders, cartels and monopolies) and shifted the losses and risks onto the losers (the rest of us).
Officials at the meeting voted to keep benchmark short-term borrowing rates anchored near zero.
    FOMC Minutes Show Fed Split Over Asset Purchase Plans
Nov 25, 2020 - 11:18:51 PST
"...several participants noted the possibility that there may be limits to the amount of additional accommodation... a significant expansion in asset holdings could have unintended consequences"
We expect inflation-linked instruments such as Gold and Inflation-Linked Bonds will outperform nominal bonds and serve as a better diversification as compared to nominal bonds.
Cuomo said distributing a vaccine is going to be much harder than anticipated, citing the early difficulties states had administering Covid tests.
    Real Disposable Income Per Capita in October
Nov 25, 2020 - 10:23:17 PST
Post-recession, the trend was one of steady growth, but generally flattened out in late 2015 with increases in 2012 and 2013. As a result of the CARES Act and the COVID pandemic, a major spike is seen in April 2020.
The US must finance way more of our own deficits, but the only entity with the balance sheet to do so is the Fed (or the US banking system by proxy.)
Americans are lining up in historic numbers at food banks across the country this week as the COVID-19 pandemic exacerbates levels of food insecurity for millions of people.
Millions of workers will lose their unemployment benefits at the end of December unless Congress passes legislation.
    Here Comes the New Recession: Rickards
Nov 25, 2020 - 08:32:33 PST
The new recession starts now. Stocks are just beginning to get the message. Expect stocks to fall sharply from here. Investors should reduce exposure to stocks while increasing their cash allocations and acquiring gold.
The safety net propping up the US consumer, who accounts for 70% of GDP, is almost gone.
    UMich Consumer Confidence Slides
Nov 25, 2020 - 08:17:04 PST
“November data were less optimistic than last month due to the resurgence in covid infections and deaths as well as partisan shifts due the outcome of the presidential election”
The dollar traded near its lowest levels in nearly 3 months on Wednesday as progress in developing a novel coronavirus vaccine and expectations for a fiscal boost from a new U.S. government triggered a shift of funds from the greenback to riskier assets.
The options market is whipsawing share prices like never before. As retail investors spur a boom in derivatives trading to rival actual stock volumes, dealers rushing to hedge themselves are said to have fueled the 2020 melt-up in tech names from Netflix Inc. to Microsoft Corp.
    Restaurant Workers Out of Work Again
Nov 25, 2020 - 06:55:53 PST
Waiters and bartenders are being thrown out of work — again — as governors and local officials shut down indoor dining and drinking establishments to combat the nationwide surge in coronavirus...
The U.S. trade deficit in goods widened to $80.3 billion in October, the Commerce Department said Wednesday.