Wednesday, January 12, 2022 12:10:01 UTC
In 2022, Covid will not be the world's top public enemy. Inflation and the likelihood that policymakers dismiss the post-Covid rebound will be the major threats this year.
For most of 2021, policymakers at the Federal Reserve and many other central banks were confident in dismissing labor shortages and supply-chain bottlenecks as pandemic side effects. Lingering fear of Covid and those extra federal dollars in bank accounts were discouraging many of the unemployed from returning to work. The central banks reasoned that given enough time, these difficulties would be resolved.
President Biden and his White House have not solved either issue.
The pandemic may have permanently altered the way we work and shop, but after the virus has been eradicated, the basic dynamics of demand and supply will swiftly return to normal. Then inflation will begin to return to the Federal Reserve's long-term target of 2%. If they're correct, officials will have avoided a recession by guiding the US economy to a smooth landing. If they are wrong, we shall all pay the price in 2023.(More)
@pfizerinc @moderna_tx @pfizerinc @moderna_tx
#pfe #mrna #pfizerinc #pfizer #moderna #vaccine #covid #inflation #federalreserve #joebide
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Monday, December 20, 2021 12:33:45 UTC
Stocks responded negatively in pre-market today when Sen. Mancin rejected Biden's Build Back Better plan Sunday with a sarcastic comment about its flaws.
With his quickly arranged interview on Fox, Mancin make a sarcastic comment about the BBB flaws, slashing Biden's economic agenda, and his presidency.
U.S. futures fell at least 1%, while European shares trimmed losses. Treasuries rose and the dollar kept its gains from Friday, while crude oil fell on concerns that mobility restrictions imposed to alleviate the strain will affect demand.(More)
STOCKS FALL AFTER MANCHIN BBB SHOCKER
Monday, December 20, 2021 12:33:45 UTC
Stocks responded negatively in pre-market today when Sen. Mancin rejected Biden's Build Back Better plan Sunday with a sarcastic comment about its flaws.
With his quickly arranged interview on Fox, Mancin make a sarcastic comment about the BBB flaws, slashing Biden's economic agenda, and his presidency.
U.S. futures fell at least 1%, while European shares trimmed losses. Treasuries rose and the dollar kept its gains from Friday, while crude oil fell on concerns that mobility restrictions imposed to alleviate the strain will affect demand.
#moderna #pfizer #vaccine #covid #omicron #buildbackbetter #joebiden #joemanchin
Friday, December 10, 2021 13:16:17 UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
The federal debt is the amount of money the government currently owes for spending on payments such as Social Security, Medicare, military salaries and tax refunds.
The debt limit allows the government to finance those existing obligations.
Treasury Secretary Janet Yellen has said failing to act could spark an "economic catastrophe," but not all politicians agree.(More)
SENATE PAVING WAY FOR DEBT LIMIT HIKE
Friday, December 10, 2021 13:16:17 UTC
The U.S. Senate passed and sent to President Biden the first of two bills required to raise the $28.9 trillion debt limit and avoid default.
The federal debt is the amount of money the government currently owes for spending on payments such as Social Security, Medicare, military salaries and tax refunds.
The debt limit allows the government to finance those existing obligations.
Treasury Secretary Janet Yellen has said failing to act could spark an "economic catastrophe," but not all politicians agree.
#janetyellen #joebiden #debtlimit #socialsecurity #medicare #taxrefund
BOEING STAFF GET VAXED OR GET FIRED
10.13.21 5:20 PM UTC
Boeing staff must be vaccinated by December 8 or they'll be fired. New Biden law includes federal employees and those who do business with the federal government.
BOEING STAFF GET VAXED OR GET FIRED
Wednesday, October 13, 2021 17:20:49 UTC
Boeing staff must be vaccinated by December 8 or they'll be fired. New Biden law includes federal employees and those who do business with the federal government.
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IRS CHECKING $600 BANK ACCOUNTS
10.6.21 1:42 AM UTC
The Biden Administration's IRS plans to review every account above a $600, or with more than $600 of transactions in a year.
IRS CHECKING $600 BANK ACCOUNTS
Wednesday, October 06, 2021 01:42:20 UTC
The Biden Administration's IRS plans to review every account above a $600, or with more than $600 of transactions in a year.
PFE: PFIZER INC
N/A
PFIZER INC: We entered a 2022-03-11 put, $48.00 strike, at 9:30 AM with a limit buy. We fully exited 40 minutes later by limit sale for a 117% profit.
PFE: PFIZER INC
N/A
PFIZER INC: We entered a 2022-03-11 put, $48.00 strike, at 9:30 AM with a limit buy. We fully exited 40 minutes later by limit sale for a 117% profit.
#pfe #mrna #pfizerinc #pfizer #moderna #vaccine #covid #inflation #federalreserve #joebide