"This is the type of nonsense that actually gets discussed now. Because everybody thinks, well, it doesn’t matter, because the federal government is going to pay for it..."
One major development in the the US this weekend: All 50 states are officially back in expansionary territory after Vermont saw the virus's rate of spread climb back above 1...
"If he can keep the Biden count below 270, then the matter goes to the House of Representatives, where, of course, there is a Republican majority among the delegations of states..."
With the political juggernaut over, and earnings season mostly finished, the focus this week will be on economic data releases including retail sales and jobless claims, coupled with a barrage of speaking engagements by Fed officials.
Biden, who would have been poised to make changes at the agency anyway, has already hinted that Gary Gensler or Preet Bharara could be his first two choices to lead the SEC...
The Biden team has already selected dozens of progressive economists to help with the transition, including Mehrsa Baradaran, whose book "the Color of Money", is a critical text for contemporary left-wing economists.
Over 3600 the market is possibly overextended, and unless there is some material news we would anticipate a reversion back into the 3500-3600 zone much like last week.
"...we’ve identified mathematically the exact algorithm they’ve used - and planned to use from the beginning” that allegedly switched votes to Biden...
