Bird Song of the Day
I guess they do whoop!
#COVID19
At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site.
Distinct decrease in slope. I feel I’m engaging in a macabre form of tape-watching, because I don’t think the peak is coming in the next days, or even weeks. Is the virus gathering itself for another leap?
I thought I’d look at some big states (New York, Florida, Texas, California) instead of the Midwest:
Texas and Florida diverge, but California sprints ahead.
Politics
Apple led the Dow higher, jumping 5% after Nikkei reported the company will increase iPhone production by about 30% in the first half of 2021. All 11 S&P 500 sectors registered gains on Tuesday, led by energy and utilities.
The top four congressional leaders were set to meet at 4 p.m. Tuesday, seeking to reach an agreement on another round of coronavirus aid. House Speaker Nancy Pelosi set up the meeting with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer and House Minority Leader Kevin McCarthy, marking the biggest effort yet to come to a bipartisan agreement.
The new plan calls for $748 billion in spending for programs that are popular on both sides of the aisle, including small business loans, unemployment insurance, vaccine distribution, education and rental assistance. A second $160 billion bill would include the more contentious areas of business liability protections and financial aid to state and local governments.
U S futures rise slightly as lawmakers announce latest stimulus proposal msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Tuesday 12/15
Eli Lilly hosts a conference call to announce and discuss its financial guidance for 2021.
The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for December. Consensus estimate is for a 7.5 reading, higher than November’s 6.3 figure.
The Bureau of Labor Statistics reports import and export price data for November. Expectations are for a 0.3% month-over-month rise in import prices, after a 0.1% dip in October. The October decline was the first for the import price index since April. Export prices are seen rising 0.3%, a tick higher than the October data.
Wednesday 12/16
The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to keep its federal-funds rate unchanged near zero but might make changes to its bond-buying program.
Trane Technologies holds an investor meeting.
Tuesday 12/15
Eli Lilly hosts a conference call to announce and discuss its financial guidance for 2021.
The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for December. Consensus estimate is for a 7.5 reading, higher than November’s 6.3 figure.
The Bureau of Labor Statistics reports import and export price data for November. Expectations are for a 0.3% month-over-month rise in import prices, after a 0.1% dip in October. The October decline was the first for the import price index since April. Export prices are seen rising 0.3%, a tick higher than the October data.
Wednesday 12/16