Today's Headlines
Bloomberg:
- China’s Slowdown Poses Threat for Global Recover.
- Japan’s Economy Shrinks as Kishida Mulls Stimulus Package.
- Unvaccinated Austrians Locked Down to Stem Surge: Virus Update.
- U.K. Home Asking Prices Drop at Sharpest Pace Since Lockdown.
- China Developer Sunac Raises $953 Million; Chairman Issues Loan.
- China May Seek Cyber Check for HK Listings of Firms Holding Data.
- Stocks Set for Steady Start Ahead of China Data: Markets Wrap.
- Oil Gains as Biden Faces Mounting Calls to Unleash SPR Crude.
- Morgan Stanley Economists See 2023 Fed Hike, Differ With Gorman.
- Biden’s Approval Rating Slips to Fresh Low, Post-ABC Poll Shows.
- Inflation-Wary Manchin Voters Put Biden’s Agenda in Peril.
- Why Pfizer Won't Share Its $36 Billion Secret Vaccine Formula.
- How Long Will Boosters Last?
- American Tower Nears $10 Billion Deal to Buy CoreSite.
- Icahn Seeks to Topple Board at Southwest Gas, Name 10 Directors.
- Anti-Woke ETFs Are Pitching to Conservatives Mad at Corporate America.
Wall Street Journal:
- Inflation Surge Drives Investors to Buy Riskier Assets.
- Rising Prices Push Biden to Shift Message.
- Covid-19 Cases Rise in North and West U.S., Halting Delta Decline.
- This Thanksgiving, the Masks Are Off, the Dinner’s Inside and the Relatives Are Back.
- Fight Over 5G and Aviation Safety Clouds AT&T, Verizon Outlays.
- Best Tech Gifts 2021: Our Favorite Gadgets.
- As Workers Leave Jobs in Record Numbers, a Closer Look at Who Is Quitting.
- Supermarkets Alter Layouts, Use Decoys to Fill Gaps.
- Chip Shortage Sees Manufacturers Pitch Lower-Tech Models.
- Democrats Try to Heal Rifts and Pass $2 Trillion Bill.
- On Inflation Surge, the Fed Is Running Out of Excuses.
- Democrats Invite More Inflation—and Political Disaster. Joe Manchin is right. Lawmakers should pivot to a responsible spending bill with sustainable financing.
- An Illegal Vaccine Mandate. An appellate court blocks OSHA in a withering rebuke.
CNBC:
- China and India will have to explain themselves on coal, COP26 president says.
- Apple is sticking taxpayers with part of the bill for rollout of tech giant’s digital ID card.
- Airbus receives order for 255 jets in first major deal since Covid outbreak.
- Americans look forward to holiday travel this year but overspending, uncertainty could spoil the fun.
- Top Wall Street analysts see these stocks as long-term winners.
Zero Hedge:
- Worldwide Vaccine Failure. Deaths hitting new highs in Singapore (85% of the population fully vaccinated - NOT adults, the entire population):
- All Of A Sudden The CDC Has Stopped Talking About Herd Immunity.
- "I Keep Forgetting That You're Still Alive": Musk Taunts Bernie Sanders, Asks If He Should "Sell More Stock".
- Morgan Stanley's 2022 Outlook: The Training Wheels Come Off.
- Clock Just Hours From Midnight For Overwhelmed California Ports.
- "I Keep Forgetting That You're Still Alive": Musk Taunts Bernie Sanders, Asks If He Should "Sell More Stock".
- Joe Biden Should Cancel His Virtual Summit With China.
- Oklahoma National Guard 'Goes Rogue' After New Commander Rejects Vaccine Mandate; Pentagon To Respond 'Appropriately'.
- CDC Admits No Record Of Naturally Immune Transmitting COVID-19.
- FBI Hacked, Over 100K Emails Sent From Official Address.
- The Real Reason Why The Fed Isn't Tightening.
- Inflation In Irrational Exuberance.
- Mexico Is The World's Deadliest Country For Journalists In 2021.
- Used Tractor Prices Skyrocket Amid Deere Strike.
- Smith: Leftists Support Tyranny, Conservatives Do Not; It's Time To Separate.
- Jan. 6 Defendants Taken Out Of Cells On Stretchers: Court Filing.
- "Revolution In Warfare" - Israel Unveils New Scorpius Electronic Warfare System.
- Traffic Deaths Are Surging Despite Less Miles Being Traveled.
- Australia Says It's "Inconceivable" Not To Join US In Defending Taiwan.
MarketWatch.com:
TheGatewayPundit.com:
- Latest Indictment Reveals Rod Rosenstein, FBI, DOJ Lied and Withheld Information from GOP House Investigators on Junk Russia Dossier.
- Dr. Fauci Admits Vaccines Did Not Work as Advertised and that Vaccinated Are in Great Danger Today.
- Oklahoma Doctors Have Tremendous Success in Treating Nursing Home COVID Patients with Ivermectin.
- Serial Liar Adam Schiff Says He Doesn’t Regret Pushing Fake, Hillary-Funded Steele Dossier (VIDEO).
- Biden’s Surgeon General Brushes Off First Responders Leaving Workforce Due to Vaccine Mandates (VIDEO).
- RFK Jr. Completely DISMANTLES the “Covid Misinformation” Narrative – “It’s a Euphemism For Any Statement That Departs From Official Government Policy” – “They Are Engineering Destruction of Democracy Worldwide”.
- MUST WATCH: Texas HHS DENIES Monoclonal Antibody Treatments For Whites – “If I Were Black or Hispanic Then I Would Qualify?” – Nurse: “Yep, That’s Right” – (Video).
- Biden’s Economy Getting Worse – Ships Waiting to Unload in California Ports Now Waiting Record Number of Days to Unload.
- Brutal Numbers For Biden: If Midterms Were Held Today 51% of Registered Voters Say They Would Vote Republican; Just 41% For Dems – Largest Lead EVER For GOP.
- Austrian Chancellor Orders Nationwide Lockdown for Unvaccinated People.
Covid-19(Data, Maps, Graphs):
- Our World in Data: New Global Covid-19 Cases(7-day rolling average graphs). New US Covid Hospital Admissions/ICU Admissions/Deaths
- FT.com: Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
- Bloomberg.com: International Travel Restrictions. Case Graphs by State.
- NYTimes.com: County Trends and Clusters. Local ICU Occupancy.
- Brown School of Public Health: Covid Severity by State/County(map). US Hospital Capacity(region).
- CovidActNow: Covid Severity/Infection Rate by Metro Area.
- KFF: US Vaccinations by Race/Ethnicity.
- Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits. Restaurant Visits. Wearing Masks. (graphs)
- Safegraph.com: Commerce Patterns(graphs).
Night Trading
- Asian indices are +.25% to +.75% on average.
- Asia Ex-Japan Investment Grade CDS Index 89.0 -1.25 basis points.
- China Sovereign CDS 52.5 -1.75 basis points.
- Bloomberg Emerging Markets Currency Index 57.60 -.05%.
- Bloomberg Global Risk-On/Risk Off Index 3,179.0 +15.0 points.
- Volatility Index(VIX) futures 20.1 -.3%.
- Euro Stoxx 50 futures +.02%.
- S&P 500 futures +.15%.
- NASDAQ 100 futures +.26%.
Earnings of Note
Company/Estimate
Before the Open:
Before the Open:
- (TSN)/2.09
- (WMG)/.15
After the Close:
- (AAP)/2.84
Economic Releases
8:30 am EST
- Empire Manufacturing for Nov. is estimated to rise to 21.2 versus 19.8 in Oct.
Upcoming Splits
- (ANET) 4-for-1
- The China Industrial Production report, Eurozone Trade Balance report, Stifel Healthcare Conference, Jefferies Healthcare Conference and the Needham Networking/Communications/Security Conference could also impact trading today.
- 9:30 am - 4:00 pm EST
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