Texas: wow, I can't believe how incredibly unseasonably warm it is. If I recall correctly, two weeks ago they were calling for freezing weather in Texas. It was short-sleeve weather last night, well past 10:00 p.m. when we attended the annual Grapevine (TX) Parade of Lights, the annual Christmas parade. Several years ago I remember "freezing" at this same parade. Last night I was wearing a short-sleeve Hawaiian shirt and blue jeans.
Comment: so, two weeks ago, "they" were forecasting freezing weather for Texas by now, and yet it's Hawaiian t-shirt weather, just two weeks later. And yet, "we" know global temperatures will be exactly 1.8 degrees warmer one hundred years from now. Which, by the way, is much, much better than being 1.8 degrees colder a century from now.
California: the LA Times is reporting that we could see a snow-free California in as little as 35 years. Haven't "they" been predicting that since, like, 1994?
Covid-19: wow, look at this. Brandon says he's going to require insurance companies to reimburse folks for home Covid-19 testing. I assume there will need to be some guidelines, otherwise some folks might start testing twice a day, or even more often, depending on their social calendars.
WHO: says the best booster for the new variant: Pfizer and Moderna. MRNA, on that news, is surging in pre-market trading. Up over $16 / share, up almost 5.5%; and trading at $301.
My favorite chart, link here: it's hard to read the x-axis, but the site says this is data through the end of October, 2021. Note, the total amount of cash in US money market accounts rose slightly in October, 2021, compared to the previous month. This is a lot of money on the sidelines, as they say. And this is well before the "flash crash" (Friday, November 26, 2021) when folks really started pulling money out of their equity accounts, no doubt moving it into money market funds. It will be interesting to see the November, 2021, data.
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