Notes today:
The U.S. Bureau of Economic Analysis (BEA) has Personal income increasing 10.0 percent (monthly rate) while consumer spending increased 2.4 percent in January as provisions of the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act enacted on December 27, 2020, began to take effect.
Bloomberg:
SEC Suspends Trading in 15 Stocks That Got Hyped on Social Media:
The SEC’s order noted that while the company hadn’t filed reports in years
and its phone number doesn’t work, “social media accounts may be engaged in
coordinated attempt to artificially influence” its share price. SpectraScience
volume surpassed 3.5 billion shares on a single day in late January as the
stock surged 167%.
