Tuesday, December 1, 2020

Stocks Rise, Gold Climbs as Focus Returns to Loose Monetary Policy

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Gold prices slumped as much as 5.2% on Monday after U.S. drugmaker Pfizer Inc said its experimental Covid-19 vaccine was more than 90% effective...

Fed Warns Assets Could Suffer “Significant Declines” If Covid Is Not Contained

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The effects of the pandemic have increased the vulnerabilities of the financial system to future shocks, including additional waves of substantial COVID-19 outbreaks ... Read...

Biden Headed For Confrontation With Congress As Dems Move To Push Through ‘Green New...

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The "Green New Deal" - one of the top priorities for lefties like AOC and Elizabeth Warren who will almost certainly have an outsize...

UPDATE:Dow futures Rise1,400 points as Pfizer, BioNtech say Covid-19 vaccine is 90% effective

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“Amazing news from Pfizer with 90% efficacy - Donald Trump was correct!    

Gold: Bullish wedge pattern points to $2300 – Credit Suisse

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"Gold extends its consolidation from our $2075 target hit in August and we maintain our core view this is a temporary and corrective pause...

The Rescues Are Ruining Capitalism

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I want to discuss a recent WallStreet Journal article by Ruchir Sharma entitled “The Rescues Ruining Capitalism.” We talk much about the bailouts and stimulus programs...

U.S. Stock Futures Pull Back Following Post-Election Rally

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The surge in stocks has come despite lingering uncertainty about the outcome of Tuesday’s election. Democratic nominee Joe Biden leads with 253 electoral votes, according to...

End Of ‘Blue Wave’ Hopes Sparks Pavlovian QE-Anticipating Buying Panic In Everything

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For months, The Fed and the market have been demanding, anticipating, and pressuring Congress for moar... moar loans, moar handouts, moar bailouts, and moar...

Dow futures jump 400 points, extending post-election rally

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“Markets are reacting very positively to the fact that a great deal of the election uncertainty has passed. Not all of it, but at...