Europe’s problems are more immediate. Encouraging news about Pfizer’s vaccine won’t change the European circumstances in near enough time to avoid what’s more and more looking like a real possibility for a retrenchment. In this case, COVID cases are a primary culprit, meaning how authorities over there are responding to their rise. As such, it […]
In such a highly polarized, politicized environment, is such a scrupulously objective study even possible?
Over the course of the Trump presidency, fewer Americans have been viewing North Korea’s nuclear program as a critical threat to the United States. This is according to two surveys by the Chicago Council on Global Affairs that polled more than 2,000 U….
While reporting its latest traffic volume figures today, Heathrow airport accused the UK government of “leaving the UK’s world class aviation sector out in the cold”. Heathrow CEO, John Holland-Kaye, said: “Aviation is the lifeblood of the UK’s economy…
Employment figures published by Eurostat today reveal the extent to which the coronavirus pandemic has affected the jobs across the continent as of October. As this infographic shows, Estonia is one of the hardest hit countries in this regard – recordi…
Golf and the U.S. presidency generally go hand in hand. There is a long tradition of U.S. presidents enjoying the sport and Dwight D. Eisenhower even went as far as bringing it to the White House lawn where he is thought to have played some 800 rounds,…
President Trump still has not accepted the result of the 2020 election and he has claimed it involved widespread voter fraud, though he has yet to reveal any evidence. A recent Politico poll has found that the vast majority of the president’s supporter…
My longer term work has consistently led me to a bullish conclusion.
Stock Market Biden Time for the Bulls
My comments here pertain only to today, not to what I expect longer term.
The trading pattern in the ES fucutures since the close in NY yesterday is odd looking relative to recent weeks, and recent weeks have been odd looking. Make that recent months. The Fed has distorted the playing field.
The overnight gaps have been legendary. The legendary has become ordinary. If you’re not hedged by trading the fucutures 24 hours a day you are guaranteed an ugly surprise a couple of mornings every week when you get up and look at your screen for the first time at 6:30 AM.
Across Europe, governments have reimposed lockdowns in response to a second wave of Covid-19 infections. France, Germany, Ireland and the UK are among the countries that have shuttered businesses in an attempt to flatten the curve for a second time. Me…
Four new states legalized the consumption of recreational marijuana at the ballot box last week, bringing the total states with some form of legalized cannabis to 36 in the country. Federally, the sale and consumption of weed is still illegal despite a…