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Even as sales soared amid an unprecedented pandemic, DoorDash has continued to subsidize

...harder to see a stimulus deal being reached before the end of the year, with both sides of Congress entrenched in their positions and not ready to compromise.

“Friday the 13th is still better than Monday the whatever...”

"You’ve got the second wave of coronavirus, new sets of shutdowns, clear problems around the world, travel dropping off again... But at the same time, we have the strongest possible evidence that we do have a vaccine..."

Meanwhile, Elon Musk has published some interesting tweets about conflicting COVID test results.

"Why pay 2-and-20 when they can’t produce returns when markets are volatile?"

"...the global rich triggered a 1,900% sales surge for UK country estates this year." 

A "staggering 9.2 million jobs could be lost in the U.S. Travel & Tourism sector in 2020 if barriers to global travel remain in place." 

...central bank shepherds are leading the vast majority of investors over a currency cliff...

The message is loud and clear: Now that the economy has recovered, China has moved to credit clean-up mode from forbearance mode.

While during the Trump administration fines and prosecutions related to white collar crime fell, lawyers anticipate it "ramping up" under a Biden administration.

Real Vision managing editor, Ed Harrison, is joined by editor, Jack Farley, to break down a day of heavy selling across sectors as COVID-19 cases surge to…

31 companies deemed "increasingly exploiting United States capital" to modernize China's military & intelligence apparatuses...

"Keeping public activities open and tracing susceptible people leveraging technology looks to have better risk reward to us." - JPM

"Given the speed at which the virus is spreading, much stricter restrictions will probably be needed to bend the curve." - BofA

Demand is "softening" late in the year.

 

 

In a tweet, Trump essentially blamed the network for the election results, and argued that the network "forgot what made them successful".

Kodak took a $5.1 million expense in the third quarter related to handing five of its former executives stock for options they never owned...

Altogether a mediocre auction, but at least foreigners came out in size, which is more than this week's 3Y auction could say.

The White House move "greatly diminishes the chances of a trillion-dollar or more stimulus for the U.S. economy before January."