Notes Today:

• Bloomberg: Bank of America Corp. said that it won’t provide project financing for oil and gas exploration in the Arctic after facing opposition from environmentalists. 
  
• Scotland's First Minister Nicola Sturgeon on Monday ramped up her calls for a new Scottish independence referendum. 

• Bloomberg: Moderna Inc. requested clearance for its coronavirus vaccine in the U.S. after a new analysis showed it was highly effective in preventing Covid-19, with no serious safety problems.

  

• Japan's jobless rate rose to 3.1% in October.

• WSJ: The coronavirus was in the US in mid-December 2019, a few weeks before it was officially identified in China, according to CDC analysis of blood donation samples. This also matches waste water analysis that found virus earlier in Europe.

• Scott Atlas, Trump’s herd immunity dude (nothing but the finest people) is gone. And so is the herd immunity guy in Sweden. GR!

• Japans factory output jumped 3.8% MoM mainly due to strength in general machinery production and motor vehicle manufacturing.

• Japans Retail sales rose 6.4% YoY in October up for the first time in eight months.

• China, the first major economy to fully recover from the coronavirus crisis, said its  PMI rose to 52.1 in November from 51.4 in October. 

• About 3.2 billion people live in agricultural areas with “high to very high” water shortages and competition over resources is rising, the UN’s Food & Agriculture Organization said in a report. 

•  According to a Bloomberg article qanon is thriving, not just in the US, but also in Japan.