If so many container ships are stuck in the Pacific Ocean, waiting for weeks for a berth in Los Angeles or Long Beach, why not reschedule calls to another port? Why not make like Kurt Russell as Snake Plissken in the circa-1996 film and “Escape from LA”? It’s not that simple…
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Inflation is sizzling hot. Gold has historically served as an inflation hedge. So, why hasn’t gold caught a bid?
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As the FDA prepares to approve Pfizer’s new pill for treating high-risk patients infected with COVID, more information about dangerous side effects tied to its vaccine are coming to light.
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Inflation is rising and consumer spending power is falling. Those are clear warnings of slower growth and higher costs — spelling out the dreaded STAGFLATION scenario that the Fed is pretty much powerless against, leaving risk assets in the cross hairs.
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The FDA has just confirmed that it plans to authorize the Merck and Pfizer pills, which have proven reasonably successful at suppressing serious COVID symptoms in potentially high-risk patients.
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