Tuesday, February 2, 2021

Notes From All Over, The Late Morning Edition -- February 2, 2021

Memo to Georgia voters:

  • Biden promised $2,000 checks on first day in office if his Dems elected in Georgia
  • closing in on a month later:
  • Biden's starting position: $1,400
  • GOP's starting position: $1,000; link here;
  • "Most Gullible Voters Ever" Award goes to .... the Georgia voters.

Booze delivery:

  • Uber acquires on-demand alcohol marketplace Drizly for $1.1 billion

Daily metrics:

  • 10-year Treasury: breaking out; up 3 basis points; solidly above 1.1%; hits 1.11%;
  • DXY: recovers bigly; now above 91 again;
  • silver: crashes! down almost 9%; drops below $27;

Business model problems?

  • BP reports massive loss for 2020, link here;
  • BP: poster child for oil company pivoting to renewable energy; owns a lot of EV charging stations; whoo-hoo!

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