Given the increasingly glaring disconnect between markets and the real world, I suppose it’s only fitting that US equities managed to hold onto gains Wednesday
Day: January 6, 2021
Victims
“The United States Senate has a higher calling than an endless spiral of partisan vengeance,” Mitch McConnell said, defying Donald Trump just a half hour
The Founders Didn’t Want This, Mike Pence Says, Rebuking Trump In Final Days
“It is my considered judgment that my oath to support and defend the Constitution constrains me from claiming unilateral authority to determine which electoral votes
Nomura’s McElligott Talks Georgia, ‘Neon Swan’ Parallel
Early Wednesday, while documenting the initial reaction to a likely Democrat-controlled Senate following the Georgia runoffs, I talked a bit about equities — mostly about
ADP Posts Horrendous Miss As Employers Shed 123,000 Jobs
With markets focused intently on political developments stateside, Wednesday’s data was sure to get short shrift. With that obligatory caveat, ADP was a big miss.
Markets React As Dems Secure Historic Victory In Georgia
The market reaction to a blue sweep in Georgia was about like one would expect. Raphael Warnock defeated Kelly Loeffler, becoming the state’s first African American
Georgia Blues
“We were told that we couldn’t win this election, but tonight we proved that with hope, hard work and the people by our side, anything
