The Dow Jones fell over 900 points just after opening bell on Nov. 26, with other major Wall Street stock indexes—and risk assets more generally—also seeing sell-offs as news of a new COVID-19 variant spreading in South Africa seems to have sparked a broader risk-off sentiment among investors.
Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
The Australian army has begun forcibly removing residents in the Northern Territories to the Howard Springs quarantine camp located in Darwin, after nine new Covid-19 cases were identified in the community of Binjari. The move comes after hard lockdowns were instituted in the communities of both Binjari and nearby Rockhole on Saturday night.
The right couldn’t stage a coup because liberals dominate nearly every institution of American politics and culture. Yet liberals refuse to see it.
After the...
Amid rising COVID-19 cases, Austria announced it would implement a full national lockdown. The country will also require COVID-19 vaccinations for all eligible citizens – the first such measure in Europe.
Kyle Rittenhouse was acquitted of all counts on Friday in connection with the deadly shooting of two men and the injury of a third with a semi-automatic rifle during tumultuous racial justice rallies in Wisconsin in 2020.
CVS Health Corp. announced Thursday that it will close 900 stores over the next three years, or about 10 percent of its locations in the United States, as it shifts to adding more primary-care offices at different sites.
