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Same-store sales hit double digits last month, and 4.6% in 3Q, thanks to the Travis Scott meal and Spicy Chicken McNuggets...

Ed Harrison and Roger Hirst break down some of the most significant price action they're seeing in markets. Real Vision reporter Haley Draznin explains the…

"Systemic racism is a tragic part of America’s history," Dimon said...

... and if there is enough momentum to spark a short covering squeeze, we just may see one of the most violent curve repricings in history.

The status quo is about to discover that it can't stop the hard rain or protect its fragile sandcastles...

"Once a central bank ventures into fiscal policy, it is likely to find itself under increasing pressure from the private sector, financial markets, or the government to use its balance sheet to substitute for other fiscal decisions." -

"It doesn’t do anything to increase productive output of the economy. It does stimulate the markets. It makes stock prices go up. So clearly, there’s an interest for that. But that doesn’t help the actual economy. "

The heyday is over. The question for department stores now is whether there will be a new day.

"I’m quite concerned,"

A subpar, tailing auction driven by the recent reflation scare, although if inflation is indeed on its way, coming long-bond auctions will be far uglier.

The cutoff point when there is a sharp drop in outdoor dining is when the outside temperature drops below 45°F.

It's amazing how when ratings plunge and ad revenue starts to dry up, moral crusades go right back out the window...

As the economy becomes more Dickensian in terms of income and wealth equality it also becomes more *literally* Dickensian.

... allowed the Vatican to "narrow escape on the investment, which paid out in full." 

 

 

...is financial meltdown taking society down... I do think we are reaching some key moments in finance where the consequences of past action are coming due.

"it looks like there is a really good chance to reach a deal on COVID aid."

"The market is now almost treating Trump’s actions as a sideshow, and is much more firmly pricing Biden in the White House."

"With the addition of Eaton Vance, Morgan Stanley will oversee $4.4 trillion of client assets and AUM across its Wealth Management and Investment Management segments."

Trump last night declared that he wants everyone who needs the treatment to get it, and added that the White House wants to "make it free for everyone."