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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Retail sales improve in January 2021 (SPY -0.1%). Texas winter storm highlights the importance of fossil fuels and oil prices gain as Texas freeze effects crude production. Here is the current market situation from CNN Money European markets are mixed to lower. Shares in Germany are off as the DAX drops 0.52%. The FTSE 100 is down 0.18% while the CAC 40 in France is unchanged. What Is Moving the Markets Here are the headlines moving the markets. Oil Prices Soar As U.S. Oil Production Plunges 30% West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusuall...

US stocks slide from record highs as traders digest blowout retail-sales report Emily GraffeoFeb 17, 2021, 20:47 IST REUTERS/Brendan McDermid US retail sales surged 5.3% in January, the most in seven months. Bitcoin rose to a new high above $51,700 while oil prices remained elevated. US stocks pulled back from record highs Wednesday morning as investors weighed whether strong retail sales indicate a positive economic recovery or a signal that could dampen congressional urgency around passing the next stimulus bill.US retail sales soared in January by the most in seven months. Sales grew 5.3%...

By Michelle Toh, CNN Business Investors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud.

EHang stock plunges 63% after Wolfpack Research report CNN 2/17/2021 By Michelle Toh, CNN Business © Zhang Canlong/VCG/Getty Images A man looking at an Ehang aerial vehicle during a conference last November in Wuhan, China. Investors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the Nasdaq-listed firm plummeted nearly 63% in New York on Tuesday after Wolfpack Research released a scathing, detailed report questioning EHang's business. The stock trimmed its losses Wednesday, bouncing 35% higher...