• A look at Dec. Gold 

• A look at Jan. Soybeans 

• CFTC Commitments of Traders for Grains.

 

•  Today’s USDA report could  turn out to be interesting. Steve’s comments over here.

Ok, new plan.  Mnuchin tells House Speaker Nancy Pelosi that Trump now wants a comprehensive stimulus package -- in a reversal from his position on Tuesday when Trump snappishly ended negotiations.  

Oh, wait! There’s McConnell “Deal unlikely in the next three weeks”

 And now:  The real lessons from Sweden’s approach to covid-19 

Sweden is held up as a champion of liberty. In fact it is the home of pragmatism

•  Brexit strategy risks UK 'dictatorship', says ex-president of supreme court

• The bullion holdings in gold ETF's are hitting records. 

• Facebook (AKA plague on humanity) is a social network monopoly that buys, copies or kills competitors, the House Antitrust Subcommittee determined.

•  AT&T Inc's WarnerMedia is preparing a restructuring that aims to cut costs by as much as 20% and would result in layoffs. 
• And HBO Max is still not on Roku - remarkable. The stock is down 27% for the year. Ok, so the dividend is 7%, but that’s still a 20% loss.

• (do these guys know what they are doing? Seriously, do they?)

•  Current active cases in NZ: 37 

• Current active cases In the White House: 34

 International Business Machines Corp IBM is splitting itself into two public companies. (Monthly Chart)

 Quick Overview is up to date

•  Who made this beautiful art? for the fly with 75,000 followers. 
• https://twitter.com/MikePenceFly___

 And in the Dow Theory department,  Dow Transports are leading to a  new all time high.

• The BDI Baltic Dry Index is making a 1year high. (something positive)

 

 Stock are back up as Trump is once more changing course. 

Britain bans the sale of cryptocurrency derivatives, saying they have no value for investors.

The U.S. trade deficit expanded to $67.1 billion and is now at its widest since 2006.

• Facebook (AKA  the plague on humanity) says it will ban Qanon, full stop - lets see ..

 

(Reuters) - U.S. Senate Republican Majority Leader Mitch McConnell said on Tuesday he agreed with President Donald Trump’s decision to pull the plug on negotiations on a new coronavirus relief bill.

• Whereas, in one of his strongest appeals to date, Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.

 

FT 'If you don’t get out in front of the crisis and put forth a plan right away, then you are going to spend the rest of your time responding' - US aviation union president on protecting members as pandemic tears through the industry.

• States are cutting jobs, revenue declines - prospect for fiscal aid fades.