Saturday, February 06, 2021

Notes Today: 

  • Adjusting for the people that have dropped out of the labor force, by choice or obligation, the unemployment rate is around 9.5%,” estimated lead U.S. economist Lydia Boussour of Oxford Economics. 

  • Bloomberg: By the end of last year, more than 30% of U.S. homeowners were considered equity-rich -- meaning their property was worth twice as much as the underlying mortgage, a report showed. 

  • Exxon Mobil posted its first annual loss in at least 40 years. 

  • South Korea returned to first place in the latest Bloomberg Innovation Index, while the U.S. dropped out of a top 10 that features a cluster of European countries



  • Guardian: The Texas Republican party has endorsed legislation that would allow state residents to vote whether to secede from the United States.
  • President Biden is supposedly on pace to save the U.S.  $124m this year by just not golfing. 

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