Monday, December 27, 2021

Notes From All Over -- December 27, 2021

Fauci caves: CDC takes a page from the professional sports franchises, the NFL and the NBA. Whoo-hoo! CDC cuts isolation time to five days for Covid-19. This is incredible. This is a game-changer. In after hours, futures surge on this news. Yes, I know Dr Fauci doesn't work for the CDC, but "Fauci" is a metonym for a failed centrally-managed politically-heavy pandemic response based on little science. The silver lining to this metonymic cloud: every future president will be very cautious turning policy over to one individual. 

European energy crisis: natural gas flows from Russia to Europe reversed. Crisis continues. But natural gas prices plummet in Europe over Christmas. Link here

Santa Claus rally: US equity markets surge today. Will it continue through the end of the year? Screenshot of the day:

WTI: nice uptick at the beginning of last week of 2021. 

Covid-19: the US presidents agrees with GOP governors that the pandemic cannot be solved with a federal one-size-fits-all solution. Says much of this will be handled at the state level. I doubt anyone knows what this means, where it leads.  

US airlines / US travel: "they" better take a page from the NFL playbook. 

RMDs. From July 24, 2021, The Street: why you should take RMDs this year (2020). Remember, in 2020, the government waived RMDs for one year (tax year 2020). Would you really want the writer of this article to be your financial advisor? Wow, is he/she wrong in so many ways.

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