Friday, December 11, 2020

Notes Today: 

  • In a very real sense, it feels like a third political party has been born. America now has the Republicans, the Democrats and the Seditionists. Glenn Kirschner @glennkirschner

  • (WP) White House “orders” FDA chief to authorize Pfizer-BioNTech vaccine Friday or submit his resignation. "ORDERS - will undoubtedly  build lots of confidence.

  • Another 20 House Republicans sign onto to the Texas lawsuit that seeks to overturn the election. The total is now 126  or  64% of the House GOP    Un-Freakin'-Believable  - Now rejected by U.S. Supreme Court. ✅

        And if Mitt Romney had some cajones he’d form a new  party.
  • In the view of the analysts at JP Morgan, the S&P 500 index is set to rally 25% in 2021, as the US banking giant lifts its price target to 4,600.
  • Bloomberg:  Apple Inc. has started building its own cellular modem for future devices, a move that would replace components from Qualcomm Inc., Apple’s top chip executive told staff on Thursday.
  • Qcom is down 7.6% so far on the day.
  • US Baker Hughes US Oil Rig Count climbed from previous 246 to 258  
  • US Michigan Consumer Sentiment Index above forecasts at 81.4 versus forecast of 76.5
  • And Mitch McConnell keeps blowing up relief bill ..😠

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