Warner Bros.’ Godzilla vs. Kong Trailer: Our Money’s on Kong – Vulture

  1. Warner Bros.’ Godzilla vs. Kong Trailer: Our Money’s on Kong  Vulture
  2. Godzilla vs. Kong – Official Trailer  Warner Bros. Pictures
  3. What Is That Battle Axe Kong Uses To Repel Godzilla’s Atomic Breath? The Toys Give Us A Hint  Geek Culture
  4. Kevin Durant Has Some Very Strong Takes On ‘Godzilla Vs. Kong’  UPROXX
  5. Godzilla Vs. Kong – Official Trailer  IGN
  6. View Full Coverage on Google News



Source: Google News, Warner Bros.’ Godzilla vs. Kong Trailer: Our Money’s on Kong – Vulture

Source: Tom Brady to make $500,000 in incentives if Tampa Bay Buccaneers win Super Bowl – ESPN

  1. Source: Tom Brady to make $500,000 in incentives if Tampa Bay Buccaneers win Super Bowl  ESPN
  2. Missed pass interference call on Aaron Rodgers interception sets up big Tom Brady TD  Yahoo Sports
  3. It’s game time in Green Bay, and the rest of America is envious  Tampa Bay Times
  4. Newswatch 12 – News From Where You Live – Rhinelander Wisconsin WJFW TV-12, WJFWDT 12.1, NBC Affiliate  WJFW-TV
  5. Shatel: Who is the greatest of all time — Tom Brady or Aaron Rodgers?  Omaha World-Herald
  6. View Full Coverage on Google News



Source: Google News, Source: Tom Brady to make 0,000 in incentives if Tampa Bay Buccaneers win Super Bowl – ESPN

Kourtney Kardashian and Travis Barker Are Dating After Years of Romance Rumors – E! NEWS

  1. Kourtney Kardashian and Travis Barker Are Dating After Years of Romance Rumors  E! NEWS
  2. There Are Rumors That Kourtney Kardashian And Travis Barker Are Dating, So I Investigated  BuzzFeed
  3. Kourtney Kardashian and Travis Barker Relax at Kris Jenner’s Palm Springs Home  Yahoo Entertainment
  4. Kourtney Kardashian & Travis Barker Relax at Kris’ Palm Springs Home  E! News
  5. Kourtney Kardashian and Travis Barker Are Dating  Entertainment Tonight
  6. View Full Coverage on Google News



Source: Google News, Kourtney Kardashian and Travis Barker Are Dating After Years of Romance Rumors – E! NEWS

China Overtakes America as World's Leading Destination for Foreign Investments…


China Overtakes America as World's Leading Destination for Foreign Investments...

(Third column, 4th story, link)


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Source: Drudge Report, China Overtakes America as World’s Leading Destination for Foreign Investments…

Dubai Fires Health Chief as Infections Surge..



Source: Drudge Report, Dubai Fires Health Chief as Infections Surge..

CDC director says federal government does not know how much Covid vaccine the U.S. has – CNBC

  1. CDC director says federal government does not know how much Covid vaccine the U.S. has  CNBC
  2. CDC director admits ‘we don’t have as many doses as we’d like’ for New York  New York Post
  3. Brian Harrison: Trump program to develop and distribute COVID vaccines was a historic success  Fox News
  4. CDC reviewing new data that suggests coronavirus variant identified in UK could be more deadly  CNN
  5. New CDC director said Biden administration is struggling with lack of vaccine data  Yahoo News
  6. View Full Coverage on Google News



Source: Google News, CDC director says federal government does not know how much Covid vaccine the U.S. has – CNBC

Morgan Stanley Asks What To Do About All This Optimism

Morgan Stanley Asks What To Do About All This Optimism

By Andrew Sheets, chief global strategist at Morgan Stanley

A new year. A new presidential term. Both events are traditionally passages from the old to the new, when we look back and look ahead. And both serve as useful and necessary reminders: While it’s a new year and the US has a new president, many of the themes and challenges facing the market look highly familiar.

One of those themes is our belief in stronger growth and reflation. That won’t be my focus today, but it matters. Morgan Stanley’s forecasts for global growth and inflation remain well ahead of consensus estimates for 2021. I’m constantly asked, “Where do you differ?” This area is a big one.

Instead, I want to focus on another familiar theme. From sentiment measures to conference surveys to investor conversations, it’s abundantly clear that there’s an uncomfortable level of agreement that the market outlook is positive. In November, December and now January, no question or concern has come up more often than ‘everyone is optimistic’.

I may be exaggerating a little, but the question remains: What are investors supposed to do with all this optimism? And in light of it, how can we justify our own constructive view?

It is essential to monitor investor sentiment, an indicator as old as the market. But sentiment also requires a disclaimer: Investors tend to get bullish in bull markets (and vice versa). Rising prices and an improving economy tend to make people optimistic. This can cloud the picture; optimism should be higher if this is a sustainable recovery (and we think it is).

Meanwhile, sentiment measures are better at identifying buying opportunities than market tops. One reason may be that the nature of the events that cause investors to panic means they panic together, creating a strong impulse that leads to an investable low. Optimism, in contrast, is more diffuse and has a harder time producing such a singular moment.

Consider three sentiment measures that we follow: The Morgan Stanley Global Risk Demand Index, the put/call ratio and the American Association of Individual Investors Survey (AAII). During bull markets, one-month equity returns best when these indicators are in their lowest decile of optimism. Yet one-month returns are still positive, on average, when these same indicators are in their highest decile of optimism. In short, these sentiment indicators work better for ‘buying low’ than ‘selling high’.

The idea that ‘everyone is optimistic’ is also more complicated than those surveys suggest. Hedge fund net exposure is very high, per analysis from the Morgan Stanley Prime Brokerage Strategic Content Group. But US money market fund balances are also high, still US$680 billion above where they were a year ago. So again the picture is nuanced – heavy activity in certain stocks and options, but less extreme overall investment flows. Hedge funds appear optimistic, but many businesses and individuals are still keeping cash on the sidelines, given the uncertainty.

This nuance extends to market performance. Let’s say that another definition of ‘excessive optimism’ is outsized performance from assets that are already very expensive. But if we look at global equity performance over the last three months, that’s (generally) not what’s happened. In Exhibit 1, we plot three-month global sector performance (the y-axis) against how cheap that sector was three months ago relative to the last 20 years (x-axis). While there are some exceptions, the market has recently been led by sectors with below-average valuations. Tulip mania this is not.

Other measures of performance convey a similarly mixed picture. In the US, expected equity volatility is still above average, and 12-month stock versus bond performance is pretty ‘normal’ versus history. In Europe, equities have only matched German Bunds over both the last 12 months and three years. In FX, a pro-cyclical pair like Canadian dollar/Swiss franc (CAD/CHF) is still near a decade low. Can excessive optimism be found in segments of the market? Certainly. Is it everywhere? We think these datapoints argue that it’s not.

This question of ‘what’s really moved?’ is central to our view of markets in light of this optimism. We think there is more room for equities to outperform bonds in the US and Europe, in line with the usual post-recessionary pattern. We believe that select volatility risk premiums can decline. My colleagues David Adams and Sheena Shah in our global macro strategy team like buying CAD/CHF.

Investors are optimistic. Accepting the limitations of sentiment indicators in calling tops during bull markets, differentiating among the varieties of excess within a rallying market and avoiding segments with the most extreme valuations will all be important.

Tyler Durden
Sun, 01/24/2021 – 18:45

Source: Zero Hedge, Morgan Stanley Asks What To Do About All This Optimism

Biden Spotted at Church, Deli in Georgetown – NBC4 Washington

  1. Biden Spotted at Church, Deli in Georgetown  NBC4 Washington
  2. Biden attends Mass at DC church where he worshipped as VP  The Associated Press
  3. In Biden’s Catholic Faith, an Ascendant Liberal Christianity  The New York Times
  4. No, President Biden has not already renounced ‘unity’  The Washington Post
  5. Biden attends first church service as president in DC, stops at local bagel shop | TheHill  The Hill
  6. View Full Coverage on Google News



Source: Google News, Biden Spotted at Church, Deli in Georgetown – NBC4 Washington

Fauci says he was the 'skunk at the picnic' in Trump's Covid team – The Guardian

  1. Fauci says he was the ‘skunk at the picnic’ in Trump’s Covid team  The Guardian
  2. Fauci: Receiving powder-filled envelope was ‘very, very disturbing’ | TheHill  The Hill
  3. COVID-19 vaccine shot knocked Dr. Fauci out for 24 hours  Deseret News
  4. Dr. Fauci was ‘blocked’ from going on MSNBC’s Rachel Maddow  New York Daily News
  5. Fauci opened envelope containing mystery powder during Trump admin – Business Insider  Business Insider
  6. View Full Coverage on Google News



Source: Google News, Fauci says he was the ‘skunk at the picnic’ in Trump’s Covid team – The Guardian

Kourtney Kardashian and Travis Barker Are Dating – Entertainment Tonight

  1. Kourtney Kardashian and Travis Barker Are Dating  Entertainment Tonight
  2. Kourtney Kardashian & Travis Barker Relax at Kris’ Palm Springs Home  E! News
  3. Kourtney Kardashian and Travis Barker Relax at Kris Jenner’s Palm Springs Home  Yahoo Entertainment
  4. I Think Kourtney Kardashian And Travis Barker Might Be Dating, And Here’s My Proof  BuzzFeed
  5. Kourtney Kardashian and Travis Barker Are Officially Dating: He Is ‘Very Smitten’  Us Weekly
  6. View Full Coverage on Google News



Source: Google News, Kourtney Kardashian and Travis Barker Are Dating – Entertainment Tonight

Preview Of Biden's Executive Orders For Next Week

Preview Of Biden’s Executive Orders For Next Week

Next week President Biden will continue his blitz of executive actions after signing 17 such directives in his first week covering a range of issues – much of which were aimed at undoing various Trump initiatives ranging from immigration to climate policy.

Via The Economist

…whether he knows what he’s signing or not for ‘his’ agenda.

For his second week in office, Biden plans on signing another flurry of executive actions, going further on climate and immigration, while also focusing on health care and other issues. Each day will have a theme, according to The Hill.

Monday will be ‘Buy American’ day, during which Biden will sign an executive order directing agencies to strengthen requirements that goods and services are purchased from American businesses and workers. Biden pledged on the campaign trail to make a $400 billion investment during his first term towards purchasing products made by American workers, as well as tighten loopholes and waivers allowing federal agencies to buy products made overseas.

As The Hill notes, former President Trump signed a ‘buy-American-and-hire-American’ executive order during his first few months in office, aimed at restricting the flow of certain visa-holders, while boosting domestic wages.

Tuesday is ‘Equity’ day, which will include a ‘broad range of executive orders’ related to racial equity.

The president is likely to establish a policing commission and reinstate Obama-era rules on the transfer of military-style equipment to local law enforcement. He is also expected to sign an executive order directing the Department of Justice to improve prison conditions and begin to eliminate the use of private prisons.

Other executive actions lined up for Tuesday include a memorandum directing agencies to strengthen engagement with Native American tribes, a memo ordering the Department of Housing and Urban Development to promote equality in housing, and an order disavowing discrimination against the Asian American and Pacific Islander community. –The Hill

Other Tuesday actions which have yet to be finalized may involve immigration, and reversing a ban on transgender troops serving on active duty.

Wednesday will be ‘Climate’ day, where Biden will announce plans for a US-hosted summit to be held on Earth Day, and likely sign an executive order to “combat climate change domestically and elevates climate change as a national security priority,” as well as reestablish the Presidential Council of Advisors on Science and Technology. The move comes after last week’s executive action to rejoin the Paris Climate Agreement, while revoking a key permit for the Keystone XL pipeline.

Thursday is ‘Health Care’ day – during which Biden will likely rescind the so-called Mexico City policy which bans the use of US funds for foreign orgs which endorse or provide abortions.

The policy, described as a “global gag rule” by reproductive health advocates, was first instated by then-President Reagan, and has been repeatedly rescinded by Democratic presidents and reinstated by Republican presidents in the years since.

Biden will also order a review of the Trump administration’s controversial changes to the Title X family planning program, which required family planning providers participating in the program to stop providing or promoting abortions to remain eligible for funding. 

The president is also slated to sign an executive order aimed at strengthening Medicaid and initiating an open enrollment period under the Affordable Care Act. –The Hill

And finally, Friday will be ‘Immigration’ day – on which Biden will expand some of the immigration-related actions he took on his first day in office. According to The Hill, one of the orders will likely be related to regional migration and border processing, and will rescind Trump-era policies surrounding the asylum program. It will also reportedly contain strategies to address the root causes of Central American migration to the United States. 

Biden will also sign an order establishing a task force to reunify migrant families separated during the Trump administration. Biden himself faced criticism during the Democratic primaries for the Obama administration’s deportation policies, but the Trump administration implemented an official zero tolerance policy that led to the separation of thousands of migrant families.

The president will also sign an order directing an immediate review of the public charge rule “and other actions to remove barriers and restore trust in the legal immigration system, including improving the naturalization process.”

A fourth order, establishing principles to guide the implementation of the Refugee Admission Program, is tentatively on the schedule for Friday but could be scrapped or changed, according to the memo. The Hill

And there you have it. We can’t help but wonder if the press will be herded out of the room if they dare ask Biden to discuss the sweeping changes he’s making?

Tyler Durden
Sun, 01/24/2021 – 18:20

Source: Zero Hedge, Preview Of Biden’s Executive Orders For Next Week