Tuesday, March 16, 2021


Notes today:

  •  Putin again tried to tilt a U.S. presidential election toward Trump, this time by authorizing efforts to attack Joe Biden’s candidacy. 

  • The White House says a coming U.S. tax plan will raise rates on corporations and the rich while providing relief for households that bring home around $110,000 per year. 

  • The EU is set to unveil plans for a vaccine certificate, aka vaccine passport. This is raising questions about how the EU will manage to link up various health systems, keeping people’s data secure and private, while possibly creating a two-tier society. 

  • Prices for U.S. imports rose 1.3%t in February following a 1.4-%t advance in January. Export prices rose 1.6% in February, after increasing 2.5% MoM. YoY import prices rose 3.0%t and export prices rose 5.2%. 

  • US Feb. industrial production much weaker than expected at -2.2% vs. +0.3% est. 

  • Coca-Cola and Home Depot have made it clear that they oppose voting restriction bills in Georgia.

 

Sunday, March 14, 2021



Notes today: 

  • Bloomberg: The Nasdaq stock exchange is poised to push businesses to a new level of inclusion with its proposal to require all listed companies to have at least two diverse board members. 

  • 49% of republicans have no plans for getting a covid shot.
  • 6% of democrats have no plans for getting a covid shot. 

  • Boris Johnson – this is the wrong time for a referendum on independence. 

  • India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told Reuters.
  • Google (GOOGL) will face a $5b lawsuit that it didn't notify users that their data can still be collected while in "incognito" mode, a judge ruled on Friday👍👍

  • According to Robert Reich the names below had a change in net worth from March 2020 to March 2021

    Musk: +$118B

    Bezos: +$58B

    Page: +$33B

    Brin: +$32B

    Zuck: +$29B

    Ellison: +$28B

    Gates: +$24B

    Ballmer: +$23B

    Dell: +$18B 

    So, I suppose the two Google Dudes won’t be much troubled by a 5 billion fine..