October

“Superforecasters” Now See 90% Odds 200 Million Americans Will Be Vaccinated By October

With Moderna officially filing for expedited approval from the FDA yesterday, and Pfizer following up by announcing early Tuesday in the New York morning, With vaccine newsflow driving trading activity for yet another week, the team of analysts at Goldman Sachs has produced another handy guide to new developments in the race for a global…

Suicides In Japan Jumped 39% In October…

Authored by Simon Black via SovereignMan.com, Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. *  *  * And the Emmy Goes to the Governor of New York…

US Housing Market Stumble? Home Starts Rise But Rental Unit Permits Plunge In October

With the US housing bubble reinflating, ‘expert’ analysts expected building starts and permits to continues their meteoric rise in October. However, the results were mixed. Housing Starts beat expectations, rising 4.9% MoM (well above the 3.2% expectation) and also saw a major upward revision in September, from +1.9% MoM to +6.3% MoM. Building Permits disappointed,…

Core Producer Price Growth Slows In October But Food Prices Surge

After yesterday’s disappointing (for some) cooler-than-expected CPI, analysts also expect producer price growth to decelerate in October but it modestly beat expectations, rising 0.3% MoM (vs +0.2% MoM exp). On a YoY basis, producer prices rise 0.5%, well below that of consumer prices… Source: Bloomberg In October, nearly 60 percent of the rise in the…

October Payrolls Preview: It’s About To Get Ugly Again

With the nation transfixed by the bad game show that is the presidential election, now in its 3rd day and counting, it is safe to say that nobody, not even the algos will give a rat’s ass what October jobs data the BLS reports on Friday morning. Still, as we do every month, we will…

Germany to ban large events until end of October (after which they plan another lockdown) – on and on it goes as always planned

A ban of large events, including fairs, will be extended in Germany until at least the end of October due to the coronavirus pandemic, broadcaster n-tv reported on Wednesday. It cited a document prepared for a meeting of Chancellor Angela Merkel and the premiers of the country’s 16 states. Separately, the chief executive of software…