Monday Watch

Today's Headlines

Bloomberg:     

• Massive Interest Burden Haunts $29 Trillion Emerging Debt Pile. 
• ECB’s Kazaks Warns Against Going Too Far With Interest-Rate Cuts.
• Korean Won, Stocks Take Spotlight After Impeachment Vote.
• Bayrou to Meet Le Pen as Efforts to Form French Government Begin.
• Asian Stocks in Tight Range Before China Data Dump.
• Oil Holds Weekly Gain After US Signals Tighter Russia Sanctions.
• Dollar’s Trump-Fueled Gains Face a Reality Check Late Next Year.
• Luigi Mangione’s Defense to Hinge on Mindset, Emotion, Evidence.
• Biden Plans Measures on AI, Clemency and Lands in Final Stretch. 
• Mayorkas Sees No Imminent Drone Threat, Calls for Wider Powers. 
• Too Many Democrats Still Don’t Get the Working Class.
• Five Key Charts to Watch in Global Commodity Markets This Week.

Zero Hedge: 

• New Theory: NJ Drone Sightings May Be "Nuclear Sniffers" Following Elevated NYC Radiation Levels.
• Police In China Test Indestructible Ball Shaped Robot That Can "Identify And Chase Suspects".
• Trump Considers Privatizing US Postal Service That Lost $9.5 Billion In FY2024.
• This Week's Fed Meeting Is Barely On The Radar Screen.
• Bird Or Drone? Mystery Behind What Struck AAL Flight 1722 During Departure From NYC.
• Jordan Peterson Flees "Totalitarian Hellhole" Canada For U.S. Due To Censorship, Taxes.
• Weekend News Round Up - Newsquawk Asia-Pac Market Open.
• Pelosi Recovering After Hip Surgery In Europe.
• "Falling Off A Cliff": This Chart Proves That We Are In A Major Economic Downturn Right Now.
• Is Google's Willow Processor A Threat To Bitcoin?
• Georgia's New President, An Ex-Soccer Player, Solidifies Anti-EU Leadership.
• Morgan Stanley: These Are The Five Most Important Questions For Next Year.
• US In 'Direct Contact' With Designated Terror Group HTS, Blinken Admits.
• 20 (Or So) Obvious Questions About January 6.
• Goldman Trader's 2024 Review: What Mattered Most & What's Next...
• Come Hell Or Hyperinflation.
• Is Copper Still The 'New Oil'?
• NATO Head Says "Wartime Mindset" Needed; Redirect "Pensions, Health, Social Security" To Military Spending.
• These Are The Countries With The Highest Food Inflation In 2024.
• Peace In Ukraine.
• Online Shopping: Charting The Holiday Surge.
• ADHD Or Something Else? One In 4 Adults Are Self-Diagnosing.
• Video Games Have Become Rife With DEI And Some Fans Aren’t Buying It. 
• Saudi 2034 Selection Raises Eyebrows As Global Footprint Of FIFA World Cup Grows.
• 'Gladiator II' Is A MAGA Metaphor.

Wall Street Journal:

• The Drugs Young Bankers Use to Get Through the Day—and Night.
• Apple Plans Thinner, Foldable iPhones to Revive Growth.
• Luigi Mangione and America’s Growing Resentment of Corporate Power.
• The Trouble With Searching Google for ‘the Best’.
• Are You Ultrarich, Rich or Merely Affluent? It Makes a Big Difference for Your Bank.
• Older Americans Are Moving to Myrtle Beach Faster Than Anywhere Else.
• Yes to Text Messages, No to Video: What Counts as a Will.
• 33 Last-Minute Holiday Gifts That Don’t Feel Rushed.

CNBC:  

• Why the FBI wants you to use end-to-end encrypted messaging.
• Amazon and the endangered future of the middle manager.
• Senate plans to vote on bill that would increase Social Security benefits for some pensioners.
• Majority of Americans are ready to support Trump and large parts of his agenda, says CNBC survey.
• From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter.
• Top Wall Street analysts believe in the long-term prospects of these stocks. 
• How China’s satellite megaprojects are challenging Elon Musk’s Starlink.

MarketWatch.com:  

• The stock market is up 27% ahead of the final Fed meeting of the year. But is a correction overdue? 
• After history-making investment, private-equity firm Ares is on the hunt for more NFL team stakes.

NewsMax:

• As Drone Sightings Surge, Experts Suggest Classified Technology.
• Fmr CIA Officer: Drones May Be 'Classified Exercise'.
• Fred Fleitz: Larger Drones Likely From Military, CIA.

Fox News:

• Hard hit western NC braces for winter after many still displaced from hurricane-ravaged homes.
• Biden admin’s statements reveal the truth about drones, former CIA officer alleges.
• Top NYC mayor adviser resigns suddenly, ditching 'brother' Adams after phone seizure.
• Gleaton Jones, former Georgia running back national champion, dead at 21.

TheGatewayPundit.com:

• Sen. Lisa Murkowski Panics Over Accountability to Voters for Blocking Trump’s Cabinet Picks: ‘Don’t Get on Santa’s Naughty List or We Will Primary You’.
• NATURE IS HEALING: Legendary Comedian Chris Rock Roasts Woke Liberals Freaking Out Over Trump Winning and Takes a Savage Dig at Bill Clinton During SNL Performance (VIDEO).
• Judicial Watch FOIA Bombshell: How the Biden State Dept. Let YouTuber Gonzalo Lira Die in Ukrainian Prison.
• WHAT A LIAR: Disgraced DHS Secretary Alejandro Mayorkas Makes an OUTRAGOUS Statement on ABC Regarding Why Americans are Seeing Drones as He Plays Down the Sightings (VIDEO).
• Dismantling Lies: Report Finds Hamas Used Inflated Gaza Death Figures That Included Natural Deaths and Cancer to Stoke Anti-Israel Sentiments.
• The recent Consumer Price Index (CPI) Report has Sparked Intense Discussions about the Future of the Federal Reserve’s Monetary Policy in the US.
• WHOOPS: Adam Schiff Accidently Reveals the Best Reason to Approve the Great Kash Patel as FBI Director as He Bashes Him on ABC (VIDEO).
• The Great Big Drone Psyop – Who Is Running the UAV Invasion, and Why?
• Zuckerberg, Bezos Among Tech Giants Kowtowing to Trump, But Don’t Be Fooled by Their Friendly Gestures.
• WATCH: CNN Panel Goes Completely Insane when Scott Jennings Hits Caitlin Clark for Going Woke and Exposes a Brutal Truth about the WNBA.
• Drone Forces Shut Down Airport in New York as Invasion Spreads – Disgraced New York Governor Kathy Hochul Calls Out Biden Regime in Response.
• DNC Megadonor Says Democrats Have ‘Stench of Loser’ Hanging Over Party: ‘People Are Pissed at Obama’ (VIDEO).

The Epoch Times:

• US Indo-Pacific Air Bases Vulnerable to Chinese Missile Attacks: Report.

Around X:

• @elonmusk

• Tap on the box with a slash for Grok to explain any post. (pic)

• @Songpinganq
  

• Hangzhou city. Police in China now are equipped with robot dogs, drones, self-driving cars, which are equipped with facial recognition cameras and net guns to search and arrest anyone consider as Enemy of the State. (video)
• Chinese RoboCop equipped with infrared as well as facial recognition camera. His helmet can measure temperature from up to five meters away, and can scan QR code to verify vaccine passport. If your vaccine passport expires or you have a fever, he can send you to a quarantine camp. (video)

• @ScottAdamsSays

• My current drone theory: Drones are the future of warfare. We expect a drone war soon, in Iran or elsewhere. Our supply of drones far exceeds our supply of drone pilots. We need massive training, and fast. DEI is probably a factor. It wouldn’t make sense to train in a country where a downed drone could be captured and reverse engineered. Makes sense to train in America, for that and other practical reasons. The training is at night because the future missions will mostly be at night. The drones are so reliable there is no real risk of one crashing in an urban area. The military already routinely flies over populated areas. The public is not told why we need to suddenly and massively train drone pilots because it would tip off enemies and cause too much public outcry.

• @RWMaloneMD
  

• WARNING: Another Federal PsyWar campaign in progress: Based on the recent statements from Mayorkas/DHS, it is likely that the drones in NJ are just this another federal psyops/PsyWar campaign to get Congress to pass the Counter-UAS Authority Security, Safety, and Reauthorization Act that are "currently are limited and they are set to expire" (per Mayorkas). Mayorkas on ABC News today - “It is critical, as we all have said for a number of years, that we need from Congress additional authorities to address the drone situation, our authorities currently are limited and they are set to expire. We need them extended and expanded.” We want state and local authorities to also have the ability to counter growing activity under federal supervision..."

• @MarioNawful

• MAINSTREAM MEDIA’S OBSESSION WITH RACE: DIVIDING AMERICA ONE ARTICLE AT A TIME. A closer look at outlets like The New York Times and The Washington Post shows an explosion of racially charged buzzwords—“systemic racism,” “white privilege,” and more—dominating headlines over the past decade. This so-called “Great Racial Awakening” has reshaped white liberal attitudes, steering them toward hyper-progressive views on race. This narrative isn’t about unity—it’s about creating divisions and weaponizing identity politics. (graph)
  

• @LauraLoomer
  

• James Comer @RepJamesComer is on Fox News right now simping for AOC, saying he “endorses her” to be on the Oversight committee. Says he’s part of the “AOC fan club”. We are so cooked. We have the absolute worst leadership in the GOP. It’s so embarrassing. He’s a clown.

• @ImMeme0

• HOLY SH*T!! Guy on TikTok is pitching his new “The Most Wanted CEOs” playing cards set. In the comments, people are not only praising the idea and want to order it, but they’ve also turned their attention to Elon Musk. Protect Elon at all costs. (video)

• @goddeketal

• Oh look, red meat is healthy after all. Been screaming this from the rooftops for years! (pic)
  

• @louietraub

• First they forced everyone to get it. Then they censored anyone injured by it. Now they’re sabotaging the incoming administration to delay recourse and protect Big Pharma. Words can’t begin to express the unprecedented and unconscionable cruelty of this administration.

• @DerrickEvans4WV

• This video is allegedly taken from an airplane about 10 minutes before they arrived at LaGuardia Airport in New York. This drone is WAY too close to the flight path. This is dangerous. (video)

• @WallStreetApes
  

• I believe we just stumbled upon what’s really happening with the “drones” being spotted everywhere. ‘The last words of NASA Physicist Wernher Von Braun’. This explains everything that is going on right now and everything that’s led up to these events in SHOCKING detail. Listen to this, every step of this has actually played out. (video)
• Michigan State Representative Jamie Thompson says “Michigan House Republicans have just walked off the floor”. “We are in a period of lame duck — The Democrats are cramming through 100s upon 100s of insane bills that are gonna destroy the state of Michigan” Democrats are about to lose Majority in the State of Michigan, so they’re going to flood the state with their radical agendas on the way out. “Today was it. We had enough. We got up and we walked out.” (video)
• Rep Tim Burchett says Congress just passed half a billion in foreign aid KNOWING American voters don’t want it. Openly telling us we’re being SOLD OUT TO LOBBYISTS. “We just passed the NDAA, National Defense Authorization Act. I voted against it. There's a half a billion in there, literally, of foreign aid. That's kinda what y'all voted in such large numbers against.” “This is not what you all voted for. You have members, family members that are lobbyists on this stuff.” - Going to pay for people to travel around to get abortions. - More transgender initiatives. - $9 billion dollars sent and passed in the senate. “I mean, it is just totally awful”. (video)
  

• @Resist_CBDC
  

• Following global pushback on the WHO Pandemic Treaty, the UN regrouped to adopt much of the same policy in the “Pact For The Future.” With zero debate. (video)

• @ShadowofEzra
  

• UnitedHealthcare CEO killing suspect Luigi Mangione and Sean ‘Diddy’ Combs’ lawyers are married. (pic)
  

• @IGSquawk 

• Weekend markets update: #DAX 18530 +0.15% #DOW 39805 +0.08% #NASDAQ 18274 +0.15% #FTSE 7979 +0.18% #HANGSENG 16635 +0.23% #GBPUSD 12623 0.00% #EURUSD 10792 -0.01% #USDJPY 15136 +0.00%.

OpenVAERS: 

• VAERS US COVID Vaccine Adverse Event Reports. 1,021,130 Reports(+5,083 from prior report) Through November 29th, 2024.
  

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Night Trading

• Asian indices are -.25% to +.25% on average.
• Asia Ex-Japan Investment Grade CDS Index 70.0 +.5 basis point.
  
• China Sovereign CDS 61.0 -.25 basis point.
• China Iron Ore Spot 104.4 USD/Metric Tonne +.4%.
  
• Bloomberg Emerging Markets Currency Index 37.4 +.01%.
• Bloomberg Global Risk-On/Risk Off Index 69.1 +.4%.
• Volatility Index(VIX) futures 16.3 +.1%. 
• Euro Stoxx 50 futures +.14%.
• S&P 500 futures +.05%.
• NASDAQ 100 futures +.01%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by commodity and healthcare shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

Today's Headlines

Bloomberg:

• Drone Sightings Widen, Deepening Concern About Lack of Answers.
• Trump Wants US to Provide Answers on Mystery New Jersey Drones. 
• What China’s Persistent Deflation Means for the World.
• US Spoke Directly With Syrian Rebel Government, Blinken Says.
• China to Cut Rates and RRR Next Year, PBOC Official Says.
• The 24 Hours of Rate Cuts That End Year of Global Central-Bank Easing.
• Argentina’s Milei Says He Expects to Attend Trump’s Inauguration.
• Trump Names Truth Social CEO Nunes to Head Intel Advisory Board.
• Office Property Meltdown Is Starting to Surface at Regional Banks. 
• Berkshire Hills, Brookline Banks in Talks to Combine, WSJ Says. 
• Trump Eyes Privatizing US Postal Service, Washington Post Says. 
• Saylor’s MicroStrategy Scores Again With Nasdaq 100 Addition. 
• Bitcoin on Track for Longest Weekly Winning Streak In Over Three Years.
• Charting the Global Economy: Assad’s Fall Adds to Middle East Instability.

Zerohedge:

• NJ Drone 'Invasion' Just In Time For Congress To Reauthorize Orwellian Law.
• Natural Gas - Not Nuclear - Is the Key To Powering North America's Future.
• We Are Not Looking For A Fight With Israel: HTS Leader Jolani .
• Sigh... Gen Z Interns Are Still Tweeting About Project 2025 From Biden's X Account.
• "Watch Credit Spreads" For Crash Signals - Insights From Pento & Roberts On 2025 Positioning.
• "We're Kinda Worried..." - Judicial Watch Helps Unearth 911 Call Made By Trump Shooter's Dad.
• Fury Erupts As Biden Commutes Sentence Of Infamous 'Kids-For-Cash' Judge.
• Trump Appoints Former Fox Anchor Kari Lake To Lead Voice Of America.
• Elizabeth Warren And UnitedHealthcare: Ignorance And Manipulation.
• Is Trump's Bank De-Regulation About To Supercharge Stock Returns?
• South Korean President Impeached Over Martial Law Turmoil .
• UK Government Wants To Ban Communities From Stopping Wind And Solar.
• Tone-Deaf Lefties Miss The Point Of Rising Consumer Spending.
• Norway Considers Nationalizing Power, Limiting Exports, Amidst European Price Surge.
• Biden Admin Scrambling To Auction Off Border-Wall Sections Before Trump Takes Office.
• Tax Junk-Food To Lengthen Children's Lives, UK Chief Medical Officer Says.
• Global South's Energy Rebellion At COP29 Signals A New Future.
• Amazon To Donate $1 Million to Trump's Inauguration Fund, Live Stream On Prime Video.
• Court Denies TikTok Request To Delay US Ban Set For Jan 19.
• Trump Slams Long-Range Missile Strikes On Russia.
• Moody's Cuts France In Surprise Downgrade Amid Mounting Political Chaos.
• California Docs, Hospitals Sued For Rushing 12-Year-Old Into Gender Transition.
• Yes, It Was A Landslide.
• Goldman Delivers Grim Outlook For Prospective Homebuyers.
• Biden's Education Dept Spent Over $1 Billion On DEI Grants; Report.
• "FSD, Robotaxi, & Optimus": Deutsche Bank Highlights Top Takeaways From Tesla Meeting.
• Trump's Treasury Pick Sees A "Global Economic Reordering".
• Why The Popularity Of BNPL?
• The Historic Failure Of The Biden Administration.
• Sen. Rand Paul Urges Immediate US Withdrawal From Syria Amid Failed State & 'ISIS 2.0' Fears.
• Hiding The Truth: Horowitz's Modified Jan 6 'Limited Hangout'.
• FBI, DHS Say "No Evidence" New Jersey Drones Pose National Security Threat.
• New Study Links Ozempic To Vision Loss, Confirms Harvard Research.
• Tech bid on AVGO earnings while bonds slide ahead of key risk week - Newsquawk US Market Wrap.
• Stagflation Fears Spark Rate-Cut Rout; Tail-Risk Hedging Reaches Record High.

WSJ.com:  

• The Week CEOs Bent the Knee to Trump.
• There Are Mystery Drones Flying Over My House. I Tried to Track Them Down.
• Washington in Direct Talks with Islamist Faction That Toppled Assad.
• As Fertility Rates Fall, Some Scientists Say Everyday Chemicals Are a Factor.
• Sorry, Mad Men. The Ad Revolution Is Here.
• Americans Are Stockpiling to Get Ahead of Tariffs.
• Prices Won’t Stop Falling in China, and Beijing Is Grasping for Solutions.
• Michael Dell Spent 40 Years Preparing for an AI Boom No One Expected.
• Tinder’s Tough Love Should Ultimately Serve Match Well.
• 11 Fashion Upgrades That Make Great Gifts. 
• The Best Gifts for College Students (Everything Fits in Their Dorm). 
• Strengthening Inflation Poses Challenge for Trump, Fed.

Barron's:

• Had bullish commentary on (EAT).

CNBC:

• Former OpenAI researcher and whistleblower found dead at age 26.
• Bull market hits an early December soft patch.
• Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role.
• Suspect charged with murder in UnitedHealthcare CEO’s killing hires prominent New York attorney.
• From Chili’s to burger chains, here are the restaurant industry winners and losers in 2024.  
• Big Oil wants to help Big Tech power artificial intelligence data centers.
• ABC agrees to give $15 million to Donald Trump’s presidential library to settle defamation lawsuit.
• 7 splurges CNBC Make It staff thought were ‘worth the money’ this year.

MarketWatch.com:

• Record inflows into U.S. stocks to drive ‘Santa rally’ in last days of 2024, Goldman says.
• Fed to cut rates next week, bringing an end to first phase of easing.
• Junk bonds outperformed in 2024. Will 2025 be their breaking point? 
• Upcoming Nasdaq-100 changes could boost the stocks of these 11 companies.
• These 10 most-loved S&P 500 stocks could see as much as 50% upside in 2025.
• The bubble in U.S. inflation is likely to burst soon. Here’s why. 
• Costco, boosted by traffic and digital sales, is well positioned for future gains, says Jefferies.

NewsMax:     

• Rep. Van Drew: Biden Admin Drone Response 'Inept'.
• Rep. McCormick: Can't Trust Govt Take on N.J. Drones.
• Apple CEO Cook Meets Trump at Mar-a-Lago.
• Xi Won't Attend Inauguration.
• Father Benedict Kiely: Fear for Syria's Christians.

Fox News:

• ABC and Stephanopoulos apologize to Trump and pay massive amount in defamation fallout.
• Trump takes in 125th Army-Navy showdown with key political figures.
• NEWT GINGRICH: Some Dems’ surprise moves could have huge consequences for Trump.
• Rural California counties push to form new state away from Dem-run cities.
• AOC and left-wing liberals try to justify cold-blooded murder of UnitedHealthcare CEO.
• College referee interrupts penalty call to salute military veterans.

TheGatewayPundit.com: 

• DEVELOPING: FBI Spied on Kash Patel, Secretly Vacuumed Up His Emails and Phone Records.
• What is Going On? Mysterious ‘Floating Orb’ Caught on Camera by Local New Jersey News Crew as Drone Invasion Continues Unabated (VIDEO).
• EXCLUSIVE: Election Integrity Experts Make BOMBSHELL Discovery After Brilliantly Outsmarting Michigan’s Dirty SOS, Whose Office Refused to Provide Critical Data From November Election.
• Martha MacCallum Can’t Believe John Kirby’s Outrageous Response to Her Question: ‘Why Not Just Take One Down and Figure Out What’s Going On?’.
• President Donald Trump Arrives for Army-Navy Game to Enthusiastic Crowd.
• Former Soccer Star Kavelashvili Elected New President of Georgia, as Ruling Conservatives Consolidate Their Control – Globalist Outgoing President Refuses to Hand Over Power.
• Dozens of Grieving Democrats Plan to Boycott Trump’s Inauguration – ‘Don’t Feel Safe Coming’.
• WHAT AN INCREDIBLE MAN: President Trump Sends a Beautiful, Touching Letter to a Precious Little Girl Fighting Leukemia and Her Reaction to His Message is Priceless (VIDEO).
• OpenAI Whistleblower Found Dead by Suicide in San Francisco Apartment.
• TINA PETERS EXCLUSIVE: “I’m Letting You Know that if I Die Here It Wasn’t By My Own Hand, I’m Not Depressed”.
• Supreme Court to Decide Fate of Far-Left California Car Emission Standards, War on Cars.
• Drone Crashes into New Jersey Homeowner’s Backyard as Biden Regime Continues to Gaslight Worried Americans.
• Brace for Impact: Incoming Deputy Chief of Staff Stephen Miller Lays Out What to Expect Under Trump’s Second Term (VIDEO).
• UPDATE: 84-Year-Old Pelosi Breaks Hip After Nasty Fall Down the Stairs in Luxembourg.
• WATCH: Kari Lake Discusses New Role as Voice of America Director on War Room: “We’ve Got a Great Story to Tell, and Over The Next Four Years, We’re Going to Have an Even Better Story to Tell”.
• WHOA: President Trump Delivers Explosive Response Regarding the Suspicious Drones Across America – “Mystery Drone Sightings All Over the Country…Shoot Them Down!!!”
• JUST IN: Trump to be Deposed Week Before Christmas in Defamation Case Against ABC News Over Stephanopoulous’ Statements on E. Jean Carroll.
• Why President Trump’s 2024 Election Was A Landslide Victory.
• Under Threat of Tariffs by Trump, Canada Works on Increasing Border Security – Musk Blasts PM Trudeau for Calling the US ‘Sexist’ Over Kamala’s Defeat: ‘Insufferable Fool’.
• President Trump Vows to Abolish Daylight Saving Time: ‘Inconvenient and Costly to Our Nation’.
• Former GOP Governor Larry Hogan Sounds the Alarm After Personally Witnessing Dozens of Drones Over His Residence Outside DC.
• Newly Released J6 Defendant EXPOSES January 6th Lies in Epic Viral Video – Gets Banned On Tiktok for Posting It!
• Wisconsin Democrats Continue Their Endless Government Lawfare Attacks on President Trump’s 2020 Election Integrity Attorneys and Campaign Directors.
• COVID-19 Seroprevalence Study: For Official Department of Defense Use Only … Until Now.
• DC Food Workers Vow to Commit Economic Suicide by Making the Restaurant Experiences of Incoming Trump Officials Miserable.

Epoch Times:

• Beijing Offers the Wrong Remedy for China’s Ailing Economy.
• CCP’s Transformation of Hong Kong in Its Own Image Is Becoming More Apparent.
• Biden Establishes Task Force to Monitor China’s Censorship and Harassment in US.

Around X:

• @elonmusk

• ARMY-NAVY. (pic)
• Now that California has FINALLY finished counting votes, here’s the finalized chart of the unprecedented shift towards Trump vs 2020. (pic)
  

• @GenFlynn
  

• If you don't like the weather, just wait a few minutes. If you don’t like the wars we’re involved in, just just wait a few minutes. What’s next, martians landing at MaraLago? Fifth Generation Warfare is very real. The drones and the threats they pose are very real…our military’s hand are clearly tied because we, the U.S. Military, have the full complement of capabilities to stop this drone madness. The WH is purposely allowing this to happen to further complicate the “smooth” transfer of power. Do not kid yourselves for one second.

• @Songpinganq

• During Covid, China flew thousands drones to spray toxic chemicals to disinfect the air. They thought it might be able to stop the Covid infection. (video)
• China. Xuzhou city. A drone appears and shouting in the sky: ''We're watching you the whole time. Behave yourself! Or you'll bear the legal liability..'' Police in China now has tens of thousands drones flying in the sky to spy on Chinese people day and night. (video)
  

• @austerrewyatt1

• The "FAA Reauthorization Act of 2018" expires on December 20th of this year. So the Federal Government is literally using a terrorism drone mystery psyop against you to manipulate Congress into passing the new H.R.8610 (Counter-UAS Authority Security, Safety, and Reauthorization Act of 2024) which will include appropriations and enhanced government powers to control you, and they're even going so far as to use it to push for acts of war against other countries. This is directly related to the Smith-Mundt Act being repealed, which prohibited the government from broadcasting propaganda.

• @MarioNawful

• READY TO TURN YOUR BRAIN INTO A SUPERCOMPUTER? Neuralink’s N1 implant is taking humanity to the next level. This coin-sized device uses 1,024 ultra-thin electrodes to read your neural signals and turn thoughts into actions—like typing, playing games, or designing 3D objects. Current speed? 9.5 bits per second. By 2025, Neuralink plans to hit 40 BPS (human-level brain speed) and keep climbing to 100 BPS by 2030. That’s faster than you can type or even think out loud. From restoring independence for people with paralysis to replacing smartphones, this is where biology meets cutting-edge tech. 
• When did Reddit become so biased? (graph)
  

• @Bannons_WarRoom

• Bannon On The CCP: "They're In Every Part Of Our Infrastructure". (video)

• @LauraLoomer

• ATTENTION MAGA!! RINO Senator Todd Young @SenToddYoung was asked by CNN if he will be supporting Pete Hegseth @PeteHegseth for Secretary of Defense. He said, “I haven't decided yet, as I've shared with him and happy to share with others…We had a good meeting. It was an extensive conversation, and he answered the questions I asked.” It’s also worth noting that his colleague @SenJoniErnst hasn’t fully committed to voting yes to confirm Hegseth as Defense Secretary. She said, “As I support Pete through this process”, which is not an affirmative YES! Both Ernst and Young supported Senator @SenatorLankford’s mass amnesty bill. (video)

• @DonaldJTrumpJr

• Why on earth would Joe Biden commute/pardon a Chinese national in jail for possessing 47,000 child porn images? Oh, unless the Chinese Communist Party has a lot more info on the Biden crime family?!? There’s so much more to this that needs to come out. (pic)
  

• @MJTurthUltra

• HUGE!!! RFK JR: Effective January 20, 2025, ALL Genetically Modified Organisms will be BANNED in the US. WHAT’S THE FIRST THING YOU’RE GOING TO EAT? :) (pic)

• @MikeZaccardi
  

• BofA: Just 31% of stocks in the S&P 500 are outperforming the index in 2024. (graph)
  

• @WallStreetApes
  

• IMPORTANT! Johnson & Johnson was caught adding cancer causing carcinogens in their sunscreens, they caused THE EXACT SAME cancer that their company makes the majority of their revenue selling treatment drugs for. This is one of the most evil and shocking videos you’ll ever see. (video)
• Johnson & Johnson is trying to reduce their liabilities for lawsuits. Senator Josh Hawley “Your company has made billions of dollars on American consumers, multiple times lying to them. The idea that you now are looking actively for ways to limit the liability for further torts you have committed against the American people, I think is outrageous. Absolutely outrageous.” (video)
  

• @sheislaurenlee
  

• Senator Warren received over $1,000,000 in pharmaceutical lobbying dollars during 2019-2020. Out of the entire Senate, she ranks 2nd for making the most money off of the COVID crisis. Now she wants you to think RFK Jr. is the enemy. Are we surprised? (video)

• @HustleBitch_
  

• #BREAKING: Nestle confirms full support to use Bovaer in it's supply chain products. Bovaer is classified as a toxic drug in the U.S. 'not for human use' due to risks of infertility & cancer. Bill Gates' partner Blackrock are shareholders in the company who make this toxic drug. Nestlè sells the following products and more: - Kit Kat - Gerber - Starbucks - Nesquik - Carnation - Hot Pockets - Coffeemate - Nespresso - Perrier - Purina - Dog Chow. (pic)

• @IGSquawk 

• Weekend markets update: #DAX 20403 -0.01% #DOW 43801 +0.02% #NASDAQ 21754 +0.07% #FTSE 8302 +0.02% #HANGSENG 19886 -0.23% #GBPUSD 12617 -0.01% #EURUSD 10491 -0.13% #USDJPY 15364 +0.01% #GOLD 2648 -0.01%.

OpenVAERS:

• VAERS US COVID Vaccine Adverse Event Reports. 1,018,653 Reports(+2,606 from prior report) Through October 25th, 2024.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Stocks Slightly Higher into Final Hour on Earnings Outlook Optimism, Seasonal Strength, Short-Covering, Tech/Healthcare Sector Strength

Broad Equity Market Tone:

• Advance/Decline Line: Substantially Lower
  

• Sector Performance: Most Sectors Declining
  

• Volume: Around Average
  

• Market Leading Stocks: Underperforming
  

Equity Investor Angst:

• Volatility(VIX) 13.6 -2.7%
• DJIA Intraday % Swing .59 +10.1%
  
• Bloomberg Global Risk On/Risk Off Index 67.9 -.7%

• Euro/Yen Carry Return Index 179.6 +.96%

• Emerging Markets Currency Volatility(VXY) 8.7 -.8%

• CBOE S&P 500 Implied Correlation Index 11.0 -4.1% 

• ISE Sentiment Index 169.0 -5.0 points
  

• Total Put/Call .84 -4.6%

• NYSE Arms .74 -14.9%
  
• NYSE Non-Block Money Flow -$198.6M 
  

Credit Investor Angst:

• North American Investment Grade CDS Index 47.9 +.8%
  

• US Energy High-Yield OAS 307.0 +.5%
• Bloomberg TRACE # Distressed Bonds Traded 181.0 -9.0
  

• European Financial Sector CDS Index 60.6 +1.6%
  
• Deutsche Bank Subordinated 5Y Credit Default Swap 148.6 +.5%
  

• Italian/German 10Y Yld Spread 114.0 basis points -1.0 basis point
  

• Asia Ex-Japan Investment Grade CDS Index 70.8 +2.6%
  

• Emerging Market CDS Index 156.4 +1.4%
• Israel Sovereign CDS 104.9 +.2%
  

• China Corp. High-Yield Bond USD ETF(KHYB) 24.9 -.08%

• 2-Year SOFR Swap Spread -19.5 basis points -.75 basis point
  

• 3M T-Bill Treasury Repo Spread -28.0 basis points -3.0 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -3.25 unch.
  
• MBS  5/10 Treasury Spread 137.0 +7.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 643.0 -1.0 basis point
  
• Avg. Auto ABS OAS 45.0 unch.
  

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 37.4 -.1%
• 3-Month T-Bill Yield 4.32% -1.0 basis point
  

• China Iron Ore Spot 104.5 USD/Metric Tonne +.6%
• Dutch TTF Nat Gas(European benchmark) 41.2 euros/megawatt-hour -3.7%

• Citi US Economic Surprise Index 19.3 -6.4 points
  

• Citi Eurozone Economic Surprise Index -23.0 +2.9 points

• Citi Emerging Markets Economic Surprise Index -1.2 -.1 point
• S&P 500 Current Quarter EPS Growth Rate YoY(4 of 500 reporting) +9.7% +.8 percentage point
  
• S&P 500 Blended Forward 12 Months Mean EPS Estimate 270.96 +.12:  Growth Rate +13.6% +.1 percentage point, P/E 22.3 -.2
  
• S&P 500 Current Year Estimated Profit Margin 12.55% -3.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 384.87 +.01: Growth Rate +22.8% +.1 percentage point, P/E 34.8 +.1
  
• Bloomberg US Financial Conditions Index .88 +2.0 basis points
  
• Bloomberg Euro-Zone Financial Conditions Index 1.13 -29.0 basis points
  
• US Yield Curve 15.75 basis points (2s/10s) +5.0 basis points
  
• US Atlanta Fed Q4 GDPNow Forecast +3.33% unch.
  
• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 27.6% -4.0 percentage points
  

• Cleveland Fed Inflation Nowcast Core PCE YoY +2.97% unch.: CPI YoY +2.86% unch.
  
• 10-Year TIPS Spread 2.35 +4.0 basis points
  
• Highest target rate probability for Jan. 29th FOMC meeting: 81.0%(+3.8 percentage points) chance of 4.25%-4.5%. Highest target rate probability for March 19th meeting: 52.7%(-.8 percentage point) chance of 4.0%-4.25%. (current target rate is 4.5-4.75%)
  

Overseas Futures:

• Nikkei 225 Futures: Indicating +225 open in Japan 
• China A50 Futures: Indicating -47 open in China

• DAX Futures: Indicating +35 open in Germany

Portfolio:

• Slightly Higher:  On gains in my tech/utility sector longs and index hedges
  

• Disclosed Trades: Added to my (IWM)/(QQQ) hedges, then covered some
  

• Market Exposure: 75% Net Long