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Wednesday, October 28, 2020

Fast And Furious -- Fifteen Minutes -- October 28, 2020

First things first, red: Trump gets fifth Nobel Peace Prize nomination. Link here.

First things first, black: MLB's crushing debt -- and it will be worse in 2021 if things don't change; https://www.foxbusiness.com/sports/mlbs-debt-8-3-billion-2020-season-coronavirus. 

Pusillanimous: word for the day.

Music: great day for Mahler's Symphony #9.

US auto sales: sales soar; up 3% as demand soars;

Trucking:

  • McKinsey: why most eTrucks will choose overnight charging; link here;
  • Bloomberg: eCommerce boom provides lifeline for oil; link here; yet another article on the boom in trucking;

Dodgers win World Series: WSJ's big story regarding same -- Covid-19 and masks

Apple:

Grand Solar Minimum:

Arctic ice melting:

From Yahoo!Finance daily note:

  • U.S. economic data continues to impress. ‌ 
  • On Tuesday, durable goods orders for September, and Richmond Federal Reserve data for October, showed the manufacturing sector continues to top expectations. ‌ 
  • Durable goods orders rose 1.9% while core orders rose 0.4%. 
  • Economists noted the headline figure was flattered (sic -- flattened?) by orders in the airline industry. ‌ 
  • Meanwhile, the Richmond Fed’s manufacturing index hit a record high in October 29
  • This report marked the fourth-straight month of positive readings
  • The figure is a diffusion index, which captures the difference between the number of respondents saying conditions are getting better minus those saying things are getting worse. ‌ Meanwhile, the report also showed a notable pre-pandemic trend of employers unable to find skilled labor.

And that's why I stay fully invested

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

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