Diaryofastocktrader

Elections chief says voting will be safe despite lack of mandatory vaccine rule for poll workers | CBC News

Chief Electoral Officer Stephane Perrault is assuring Canadians that voting in the federal election will be safe despite Elections Canada’s decision to not require the more than 250,000 polling officers to be vaccinated against COVID-19. — Read on www.cbc.ca/news/politics/stephane-perrault-pandemic-election-briefing-1.6144882

Delta variant threat to the global economy means fiscal prudence may take an election back seat | CBC News

From inflation to sagging trade, the delta variant of COVID-19 may be slowing Canada’s economic recovery. But in this federal election, fiscal prudence is taking a back seat to business survival and continued government support. — Read on www.cbc.ca/news/business/delta-economy-election-column-don-pittis-1.6142736

Quadratic’s Davis Sees Covid Bringing on Stagflation

(Bloomberg) — Quadratic Capital Management’s Nancy Davis is warning that higher prices and slower growth could result in a return of stagflation.The “atrocious” University of Michigan consumer sentiment numbers on Friday were “a sign that the U.S. consumer is not as strong as people think,” Davis said in a Bloomberg Television interview. “We’re going to have an environment where we see higher…

Jobless claims reach pandemic-era low of 348,000

Initial unemployment claims are expected to reach a new pandemic-era low last week, bringing the level of weekly new claims closer to pre-virus levels. — Read on ca.finance.yahoo.com/news/weekly-jobless-claims-week-ended-august-14-2021-181609988.html

Covid Shots Are Less Effective Against Delta in U.K. Study – Bloomberg

Covid-19 vaccines are less effective against the delta variant, according to results in the U.K. from one of the largest real-world studies into the efficacy of the shots. — Read on www.bloomberg.com/news/articles/2021-08-18/covid-vaccines-are-less-effective-against-delta-in-u-k-study

Wall Street ignores these ‘orphan’ stocks, but they’ve beaten the S&P 500 over 20 years – MarketWatch

A business might be considered boring, but a solid operator can make owners of its stock a lot of money while flying under the radar. — Read on www.marketwatch.com/story/wall-street-ignores-these-orphan-stocks-but-theyve-beaten-the-s-p-500-over-20-years-11629310042

People in the U.S. who received Moderna’s or Pfizer’s COVID-19 vaccine will be eligible for a booster dose in September – MarketWatch

Federal health officials said Wednesday that a third dose of the COVID-19 shots developed by Moderna and Pfizer will be available in mid-September for… — Read on www.marketwatch.com/story/biden-to-share-next-steps-for-covid-19-booster-program-later-today-11629294176

Income a single person needs to get by in every US state

MIT’s Living Wage Calculator estimates how much a single person needs to earn in order to stay above the poverty line without outside assistance. — Read on www.cnbc.com/2021/08/17/income-a-single-person-needs-to-get-by-in-every-us-state.html

U.S. expands boosters to all American adults to head off Delta – BNN Bloomberg

U.S. expands boosters to all American adults to head off Delta – BNN Bloomberg — Read on www.bnnbloomberg.ca/u-s-expands-boosters-to-all-american-adults-to-head-off-delta-1.1641514

Home prices in world’s most expensive market break record – BNN Bloomberg

Home prices in world’s most expensive market break record – BNN Bloomberg — Read on www.bnnbloomberg.ca/home-prices-in-world-s-most-expensive-market-break-record-1.1639842

U.S. Fed minutes show most officials see taper starting this year – BNN Bloomberg

U.S. Fed minutes show most officials see taper starting this year – BNN Bloomberg — Read on www.bnnbloomberg.ca/u-s-fed-minutes-show-most-officials-see-taper-starting-this-year-1.1641589

Canadian inflation jumps to 3.7%, creating trouble for Trudeau – BNN Bloomberg

Canadian inflation jumps to 3.7%, creating trouble for Trudeau – BNN Bloomberg — Read on www.bnnbloomberg.ca/canadian-inflation-jumps-to-3-7-creating-trouble-for-trudeau-1.1641403

Stocks to commodities sink on Fed taper worries – BNN Bloomberg

Stocks to commodities sink on Fed taper worries – BNN Bloomberg — Read on www.bnnbloomberg.ca/stocks-to-commodities-sink-on-fed-taper-worries-1.1641697

‘Up to 1 million’ bitcoin processors could be relocated to Alberta from China under energy firm’s proposal | CBC News

Three natural gas-producing sites in southern Alberta could host “up to one million” bitcoin mining machines relocated from China under a deal proposed by Nevada-based Black Rock Petroleum Company amid Beijing’s ongoing crackdown on cryptocurrency production and trading. — Read on www.cbc.ca/news/canada/calgary/bitcoin-mining-black-rock-petroleum-company-1.6106978

Delta Impact Increasingly Threatens Some Parts of U.S. Economy – BNN Bloomberg

Delta Impact Increasingly Threatens Some Parts of U.S. Economy – BNN Bloomberg — Read on www.bnnbloomberg.ca/delta-impact-increasingly-threatens-some-parts-of-u-s-economy-1.1637079

It’s chaos on Wall Street as Delta variant upends return to work – BNN Bloomberg

It’s chaos on Wall Street as Delta variant upends return to work – BNN Bloomberg — Read on www.bnnbloomberg.ca/it-s-chaos-on-wall-street-as-delta-variant-upends-return-to-work-1.1637221

Big win for $1T infrastructure bill: Dems, GOP come together

WASHINGTON (AP) — With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion infrastructure plan for states coast to coast on Tuesday, as a rare coalition of Democrats and Republicans joined together to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda. “Today, we proved that democracy can still work,” Biden declared at the White House, noting…