That's all we know for now. More as the story develops.
In economic news, stocks were up sharply the day after protesters - following ANTIFA radicals disguised as pro-Trump demonstrators in a planned false flag designed to demonize Trump supporters - stormed the Capitol, Wall Street took the news rather lightly, one might assume.
What do they know that the rest of the world does not? There's a very good chance they know almost nothing other than how to push "BUY" buttons and that they're wrong, actually. Things are about to change in meaningful ways.
Some readers may be saying that Money Daily has been saying "change" as often as Obama did in his 2008 campaign, and they're right. But change takes time, or, as in the case of Bitcoin, not very much time. The meteoric rise of the first and largest - by market capitalization - has been flying. Just this morning, it topped $41,000. Bitcoin was at $29,000 just a week ago, on January 1. If that's not change we can believe in, then what is?
Maybe it's the December Non-Farm Payroll report referenced in today's headline. Reading from the BLS press release linked above, notes huge job losses in leisure and hospitality and in private education, partially offset by gains in professional and business services, retail trade, and construction.
Does anybody need a playbook to understand that leisure and hospitality, otherwise know as cruise ships, hotels, bars, and restaurants has been hammered to death by the lockdowns?
From the press release: "In December, employment in leisure and hospitality declined by 498,000, with three-quarters of the decrease in food services and drinking places (-372,000). Employment also fell in the amusements, gambling, and recreation industry (-92,000) and in the accommodation industry (-24,000). Since February, employment in leisure and hospitality is down by 3.9 million, or 23.2 percent.”
“Employment in private education decreased by 63,000 in December. Employment in the industry is down by 450,000 since February.”
Drops in bars and restaurants were the most pronounced, obviously, because that's where humans are not allowed to tread, although it's perfectly OK for everybody to shop at Target or Wal-Mart, because they're public corporations and stocks have to go up. Small business, the kind owned by your neighbors or friends, real people, people who are just trying to get ahead or out of the corporate slog (old-timers used to call it the "rat race") that dehumanizes and demoralizes people, have been shattered by the lockdowns. Not by the virus itself, which, unless your a "maskhole" you know is a complete media-driven sham, just like the fake election and just about everything else coming out of the mainstream media.
And let's not forget that private schools are also bad. Your kids must go to public schools for indoctrination. So much BS.
“The unemployment rate is 6.7 percent, and the number of unemployed persons, at 10.7 million, were unchanged.”
Out of here for the weekend. Stay alert.
Ezekiel 25:17
The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he, who in the name of charity and good will, shepherds the weak through the valley of darkness, for he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who would attempt to poison and destroy my brothers. And you will know my name is the Lord when I lay my vengeance upon thee.
At the Close, Thursday, January 7, 2021:
Dow: 31,041.13, +211.73 (+0.69%)
NASDAQ: 13,067.48, +326.69 (+2.56%)
S&P 500: 3,803.79, +55.65 (+1.48%)
NYSE: 4,928.75, +139.92 (+0.95%)
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