As the regression modeled by Goldman shows, the further temperatures drop with a modest lag between the summer and the winter, the more extreme the surge in COVID-19 cases...
...the celebration of Joe Biden’s election as a “unifying” and “healing” moment has been lost on many who are calling for blacklists and retaliatory actions against anyone viewed as “complicit” in the Trump period...
The paper concluded that selling a security after a "herding event" and then buying it back five days later would deliver a 3.5% return consistently... where the "herding event" was more extreme, the returns were "nearly double"...
...bitcoin, in conjunction with the big move into stocks, is signaling the move of market players away from assets with higher counter-party risk towards assets with lower, effectively, default risk.
Indeed, the two Democrats on the three-member board of elections testified that they were aware of the voter fraud,... had later tried to conceal their activities by hurriedly certifying the Democratic candidate as the winner.
Moves like the one we saw on Monday cause every manager to question portfolio positioning and take a deeper dive into whether Monday’s action was the start of the oft-mentioned “value” rotation...
Lessons for today: first, technology has a long history of driving structural deflation and second, global reserve currency status lasts for a long time.
