Thanksgiving...

 

This was the best Thanksgiving ever. and mainly different. I did mute all the irritants and enjoyed it.

Hope you all enjoyed it.

Hike...

 

OPEC+ has issued a grave warning to Japan, the United States, China, India, and South Korea: unleash millions of barrels of oil from your emergency stockpiles, and we are likely to respond.

That response, although OPEC+ failed to mention specific figures, would likely be changing their plans to ramp up production more slowly to compensate for the extra barrels released. 

OPEC+ has been saying for over a month that the market will soon swing into a surplus, cautioning global oil markets against being too hasty and aggressive when it comes to ramping up production.

But immense pressure is building up on consuming nations over high gasoline prices—particularly in the United States, where gasoline prices often directly correlate to voter support for the current administration.

The Truth...

 

The results of a new poll finds that 28 percent of U.S. adults believe without evidence that the “truth about the harmful effects of vaccines” is being deliberately hidden from the public.

The findings are part of global research conducted by the YouGov-Cambridge Globalism Project, which looks at how different countries perceive a variety of conspiracy theories. 

According to the research, at least one-fifth to one-third of respondents said they were convinced that the truth about vaccines was being withheld from the public in 20 of 23 countries surveyed.

“Taken together, these findings emphasize the extent to which conspiracism has entered the mainstream politics of numerous electorates around the world,” Dr. Joel Rogers de Waal, YouGov’s academic director, said in a statement. 

“The same research also points to a new and deeper form of partisan antipathy, where people are divided not merely by policy preference or political identity but also by their fundamental perceptions of reality.   

Bath...

 

View...

 

Don't ask, don't tell

Fool...

 

U-Turn...

 

Long-term market bull Jeremy Siegel expects a serious pullback that it isn’t tied to the Covid-19 surge risks.  His tipping point: a drastic change in Federal Reserve policy in order to deal with hot inflation.

“If the Fed suddenly gets tougher, I’m not sure that the market is going to be ready for a U-turn that [chair] Jerome Powell may take if we have one more bad inflation report,” the Wharton finance professor told CNBC’s “Trading Nation” on Friday. “A correction will come.”

The consumer price index surged 6.2% in October, the Labor Department reported earlier this month. It marked the biggest gain in more than 30 years.
Siegel criticizes the Fed for being far behind the curve in terms of taking anti-inflationary action.

“Generally, since the Fed has not made any aggressive move at all, the money is still flowing into the market.”  “The Fed is still doing quantitative easing.”
He speculates the moment of truth will happen at the Fed’s Dec. 14 to Dec. 15 policy meeting.

If it signals a more aggressive approach to contain rising prices, Siegel warns a correction could strike. Despite his concern, Siegel is in stocks.

“I am still pretty fully invested because, you know, there is no alternative,” he said. “Bonds are getting, in my opinion, worse and worse. Cash is disappearing at the rate of inflation which is over 6%, and I think is going higher.”

Siegel anticipates rising prices will stretch out over several years, with cumulative inflation reaching 20% to 25%.

Un-Ruley...

 

Kyle Rittenhouse, who fatally shot two men and wounded another amid protests and rioting over police conduct in Kenosha, Wis., was found not guilty of homicide and other charges.

After about 26 hours of deliberation, a twelve jury panel accepted Mr. Rittenhouse’s explanation that he had acted reasonably to defend himself in an unruly and turbulent scene in August 2020, 

Mr. Rittenhouse sobbed and was held by his lawyers after a clerk read the jury’s verdict, acquitting him of all charges.

The question is, 

How unruly was the crowd?

How many rioters walked the street carrying guns or various weapons?

  Just a thought.

Upside...

 

The vast majority of New York state's 62 counties are seeing sharp upticks in new COVID-19 positives: from a 32% increase in cases over the seven days through Thursday on Long Island, to a 37% increase in Niagara County in western New York.

And hospitals in New York reported 2,249 confirmed COVID-19 patients as of Friday, up 20% from the previous Friday.

Hospitalization rates are flat in some communities including Manhattan and Albany.

Monroe County, in the Finger Lakes, is up to 244 patients, up 30%.
And hospitals in Erie County reports 227 patients, a 23% increase.
Hochul earlier this week warned that a continued uptick in COVID-19 rates could mean New Yorkers will again face more virus protocols in high-risk communities.

So Manhattan is ok but not the suburb. This is an upside statistics that we ever seen.  Just a thought

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Low Risk...

 

Myocarditis and pericarditis refer, respectively, to inflammation of the heart muscle or the pericardium, the sac surrounding the heart. Myocarditis and pericarditis can occur after a viral infection, including COVID-19, as a result of an exaggerated immune response.

 Myocarditis and pericarditis can also occur after a vaccination, likely related to the immune response generated by the vaccine.

The Centers for Disease Control and Prevention (CDC) has released data showing a small increase in cases of myocarditis and pericarditis after receiving the mRNA COVID-19 vaccination especially in young adults. In the great majority of cases, though, the myocarditis and pericarditis were mild and resolved on their own.

Risk of these complications is very low. However, if you experience chest pain or discomfort, shortness of breath, nausea or vomiting in the days following your COVID-19 vaccination, it would be prudent to seek medical attention to exclude these or other rare complications of the COVID-19 vaccine