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Investigators taking a look at greater than 500 leads in Nashville bombing, officers say

Debris lies on the street near an explosion site in the Second and Commerce area of ​​Nashville, Tennessee, the United States, on December 25, 2020.

Elliott Anderson | via Reuters

Investigators received more than 500 tips about the Christmas morning explosion in Nashville, but failed to establish the bomber’s identity, officials said on Saturday afternoon.

Local law enforcement agencies are working with federal agencies, including the Federal Bureau of Investigation and the Bureau of Alcohol, Tobacco, Firearms and Explosives, to investigate the explosion site, which includes dozens of companies across the city.

“This is where we are in this investigation. We continue to follow every lead we have, and we will continue to do so until we find out what happened,” said Don Cochran, the US attorney for the Middle District of Tennessee.

The explosion in downtown Nashville early Christmas morning shattered the windows and shut down communications. Authorities said they believe the explosion was intentional and came from a motor home parked on the street.

According to the FBI, the RV arrived in the area just after 1 a.m. local time, and the explosion occurred around 5:30 a.m. A warning to residents in the area to evacuate from the RV before the explosion.

Doug Korneski, the FBI’s special agent in charge of the Memphis Field Office, said Saturday there was no evidence of an ongoing bomb threat in the area. When asked about reports that investigators have identified a person of interest to the case, Korneski said the investigation was still examining several people.

NBC News reported, citing several senior law enforcement officers, that investigators in connection with the bombing ransacked the home of 63-year-old Anthony Quinn Warner. A Google Streetview image of Warner’s Antioch, Tennessee address shows a RV that matches the description of the vehicle that exploded Friday morning.

Metro Nashville police chief John Drake said Friday that there were no known deaths from the explosion, although police were testing tissue found at the scene to see if it could be human remains, according to NBC News. Korneski said investigators are still examining the tissue.

Nashville Mayor John Cooper has imposed a curfew on part of downtown, which will last until Sunday afternoon. Federal regulators briefly suspended flights into the city on Friday as the investigation began.

Social media users reported problems with phone and internet services in Nashville after the explosion. AT&T announced on Saturday morning that portable cellular sites will be deployed in the area to quickly restore coverage.

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How Canada Has Grow to be a Pilgrimage Web site for ‘Schitt’s Creek’ Followers

GOODWOOD, Ontario – Joe Toby was recently walking a young couple through his workshop when the man sprinkled rose petals on the concrete floor and fell to one knee.

It turned out that the woman was a huge Schitt’s Creek fan and excited to get into the building, which also doubled as a mechanic’s shop on the series, he said.

“And here I thought it was just my workshop,” said Mr. Toby, a retired machine builder who uses the space to build custom beds for disabled children. “I think it’s special.”

“Schitt’s Creek” is a satire about a fabulously wealthy family who lose all their money and are forced to settle in a town the patriarch bought as a joke because of his name. She’s a cult hit for her quirky humor, haute couture costume design, and the fictional city’s improbable embrace of gay love. It won a record of nine Emmys awards, including one for best comedy.

Nowhere is its sudden popularity more felt than in Goodwood, a sleepy commuter village 28 miles north of Toronto that was filmed over six seasons.

The hamlet feels like a postcard from ancient times, with historic houses in less than a dozen streets and farmland on either side. The last census counted 663 residents – mostly retirees and young professionals with families who commute to work.

Prior to Schitt’s Creek, Goodwood’s notoriety was much more pedestrian – potatoes grown on nearby farms and the surrounding gravel pits, which produce the raw material for building highways and downtown buildings.

Now it has become a place of pilgrimage for fans who call themselves “Schittheads” who arrive in droves at the hamlet’s main intersection to snap selfies in front of the buildings that served as the backdrop for the series. Some arrive in character, disguised as Moira, the dramatic matriarch who named her precious wigs like children, or Alexis, the celebrity daughter. They spend money in the local bakery and general store, but also look in windows, clog parking lots and in some cases go into houses, locals say.

“You’re rude,” said Sheila Owen, whose house doubled for the house of the minor character “Ronnie”. “They come and expect us to be the same people depicted on the show – that we are hicks who are stupid.”

This feeling is not general. Eleanor Todd, 87, got dressed with her granddaughter to stroll into the now famous corner and, like all tourists, take photos. It’s the busiest intersection since Goodwood’s glory days when there were two hotels, four general stores, an ice skating arena, and both a cobbler and tailor. That was in 1885.

“I get a kick out of it,” said Ms. Todd, a former schoolteacher who wrote and self-published the hamlet’s definitive story, Burrs and Blackberries from Goodwood.

The development of the hamlet was severely restricted because it is located on an ecologically sensitive land, the Oak Ridges Moraine. As a result, it has retained its quaint smallness and avoided the spread that affects so many cities in southern Ontario. According to their location manager Geoffrey Smither, this attracted the makers of “Schitt’s Creek”, Eugene and Dan Levy.

“They liked that feeling – this is the city, there is the country,” said Mr. Smither, who toured 28 small towns looking for the perfect setting for the show. “None of them come and go like Goodwood.”

When he appeared before the local councilors to apply for filming permission, they burst out laughing and agreed.

“It would put us on the map,” said Bev Northeast, a former longtime town councilor who lives in Goodwood.

According to the locals, fans showed up in 2016, a year after the show premiered on Canadian Broadcasting Corporation, the national broadcaster, but really got kicked up after Netflix recorded “Schitt’s Creek” in 2017. By the summer of 2019, two chartered buses arrived at the intersection and spilled people in matching T-shirts and lanyards with the words “SchittCon” on them. (This is short for “Schitt’s Creek” Convention.)

But nobody was prepared for the flood of fans who descended after “Schitt’s Creek” swept the Emmys in September.

So many people flocked to the local Annina bakery that the owner, Marco Cassano, hired two security guards to control the crowd. Since Annie Murphy – who plays Alexis, the celebrity daughter with the heart of gold – told talk show host Seth Meyers about the bakery’s delicious butter tarts that night, he has received orders from the USA.

“It means I’ve stayed open across Covid and kept most of my staff,” said Mr. Cassano, who oversaw the crew over five seasons.

Across the street, Mr. Toby was inspired by the crowd of Schittheads asking for tours of his workshop to build a donation box on the front door. He raised $ 270 for the local hospital and historic center over one weekend, he said.

“I was the best kept secret in Goodwood for years,” said Toby, 75, a natural storyteller who loves to keep court. “Nobody knew what I was doing here.”

He knows some of his neighbors think differently, and that’s in part because of the pandemic. In the window of the building across the street, a residence that has been converted into a café for the series, a handwritten message is taped into a window: “Please stay away from the property during a pandemic, we are immunocompromised.”

At the beginning of the pandemic, the show’s co-creator Dan Levy asked fans to stay away. “The cities we filmed Schitt’s Creek in were so beautiful and accommodating to us,” he tweeted. “Please show them the same respect. Visiting the moment is a threat to the health and safety of residents. “

That did not hold up the pilgrimage any more than the rising layers of snow.

Marilyn Leonard owns the building that was Goodwood’s general store for more than a century. In “Schitt’s Creek” it was transformed into the hipster “Rose Apothecary”, who sold body milk and cat hair scarves. Ms. Leonard decided to close it permanently last month.

“It’s too revealing for me,” said Ms. Leonard, 74, who plans to convert the space into a gallery for appointments only. “I have to stay away from people.”

The motel that served as the backdrop for the family’s new residence in the series is not in Goodwood, but in Mono, about 50 miles west. One day so many people crowded around the motel that the owner called the police.

“At least 100 cars an hour tried to get in,” said Jesse Tipping, pointing out that his motel, which has been out of service for years, has received dozens of satirical reviews on Google Maps. “At some point I saw someone on the roof. They stole numbers from the doors and took the welcome mats. “

Mr Tipping, who is currently selling the motel, said he asked Dan Levy about selling paraphernalia on the property. However, the show has signed an exclusive merchandise deal with ITV Studios in London.

That means no one at Goodwood gets rich from sudden fame. Plans to do a “Schitt’s Creek” tour with the Local Heritage Railroad were thwarted by the pandemic. Dave Barton, the mayor of Uxbridge Township, which also includes Goodwood, admitted that the 145-year-old yellow-brick town hall, which had not held a council for nearly 50 years, would be the perfect place for a guided tour. Unfortunately, the community sold the building a year ago to a couple who are converting it into a private home.

“Nobody expected ‘Schitt’s Creek’ to be the most famous Canadian show forever,” said Barton.

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Books Warren Buffett advisable to study worth investing

Several years ago, Trey Lockerbie, founder and CEO of the kombucha company Better Booch, met billionaire Warren Buffett at a dinner. He took the opportunity to ask him a few questions about investing, Lockerbie said on Dec. 14 on The Good Life podcast with Sean Murray.

Lockerbie, who was an avid options trader at the time (a riskier investment method where a trader can bet on which direction the market will swing), asked Buffett if books by Benjamin Graham, Buffett’s mentor, were a little dated. Graham wrote “Security Analysis” in 1934 and “Intelligent Investor” in 1949.

Buffett – widely regarded as the finest investor alive – has followed the same strategy of value investing that Graham taught for decades. So Buffett suggested that Lockerbie reread Graham’s books and focus on the chapters on the psychology of investing, Lockerbie said.

Lockerbie also said of “The Good Life” Buffett recommended that he read two books by the late economic commentator George Goodman, who wrote under the pseudonym “Adam Smith”.

Here are the books Lockerbie Buffett recommended.

Graham books

“Security Analysis”

“Security Analysis” was written by Columbia Business School professors Graham, the father of value investing, and David Dodd, and it shows the basics of value investing, or buying and holding stocks over time.

The book made a huge impact on Buffett – after finding out that Graham and Dodd were teaching at Columbia University, Buffett contacted Dodd asking for admission to teach there.

“I said, ‘Dear Professor Dodd. I thought you were dead, but now that I’ve found out that you live and teach in Columbia, I’d really love to come,'” Buffett said on HBO’s Becoming Warren Buffett. “” (Buffett has his master there.)

“Smart Investor”

Buffett has recommended “Intelligent Investor” countless times.

After all, “my financial life changed with this purchase [of ‘Intelligent Investor’]”Wrote Buffett in his 2013 letter to Berkshire Hathaway shareholders.” Ben’s ideas were explained logically in elegant, easy-to-understand prose. ”

The book offers a deep insight into the process of value investing.

“Of all the investments I’ve ever made, the purchase of Ben’s book was the best (other than my purchase of two marriage certificates),” Buffett said in 2013.

Books by Goodman (aka Smith)

“The Money Game”

“”[Goodman, aka Smith]He was incredibly insightful in ‘The Money Game’ in particular, and he also knew how to make prose sing, “Buffett told the Wall Street Journal in 2014.

In “The Money Game,” published in 1968, Goodman argued that the stock market should be viewed as a game and wrote of the Wall Street frenzy of the 1960s as an example.

“He knew how to put fingers on things that no one had identified before. [Goodman] I stuck to the facts, but he made them a lot more interesting, “Buffett said.

“Supermoney”

“Supermoney” was published in 1972 and sheds light on the stock market in the 1970s and even profiles Buffett himself.

“In this book, Adam Smith says I like baseball metaphors. He’s right,” Buffett wrote in a foreword to the book.

“So I’m just going to describe this book as the equivalent of the performance of [New York Yankees’] Don Larsen on October 8, 1956. For the uninitiated, this was the day he pitched the only perfect game in World Series history. “

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Check out: The 5 Books Bill Gates Recommends Read This Holiday Season

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Truck Jam Eases at U.Okay. Port Days After France Reopens Border

LONDON – A huge truck traffic jam in the port of Dover in England continued to ease on Saturday, days after France lifted a border blockade imposed over fears of a fast-spreading variant of the coronavirus that has already spread to Europe and Japan .

Up to 6,000 trucks had lined up at the height of the day-long traffic jam, and many drivers spent a bleak Christmas in their vehicles when France demanded that everyone crossing the border provide evidence of a negative coronavirus test.

“It was shocking to see things like this happening in a G7 country like Britain,” said Benjamin Richtzenhain, a traveler who crossed the Channel on Thursday. He said authorities had poor communication with those stuck in traffic and that access to water, bathrooms and blankets was restricted.

The misery in the harbor added to a general feeling of darkness that permeated the holiday season in the country. Christmas came barely a week after the government announced the presence of a rapidly spreading variant of coronavirus that swept the country and imposed widespread lockdowns and other severe restrictions.

A short-term Brexit deal with the European Union on Thursday meant the UK narrowly avoided getting out of the bloc without an agreement, but also brought home a sense of isolation. And dozen of countries have restricted travel from the UK in hopes of ruling out the new variant of the virus and disrupting plans during one of Europe’s biggest holidays.

Despite the new restrictions around the world, the virus variant has already spread to France, Spain and Japan. According to Japanese media, the Japanese government banned non-Japanese nationals from entering the country on Saturday to prevent the new tribe from spreading.

On Saturday morning, officials from the UK Transport Department said that since Wednesday when authorities prepared the tests, at least 1,600 vehicles had remained in traffic jams near the port, while at least 8,000 had crossed the English Channel via the Eurotunnel.

At the port, officials worked hard on Saturday to test the remaining drivers in hopes of deleting the backup. More than 15,526 were tested, 36 of which were positive, the department said.

Hundreds of other military personnel were deployed on Friday to step up testing efforts and distribute food and water provided by a number of organizations.

But almost a week after the blockades of the sea, rail and air routes, the scale of the task made it impossible to predict when the delays would improve and whether the drivers would spend another day in limbo and sleep another night in their trucks would.

Thousands of police officers, civilian testers, council planners and dock workers gave up their Christmas celebrations to reunite drivers with loved ones, said Grant Shapps, the UK’s transport secretary, who praised their efforts.

London airports were fairly quiet on Saturday and there were no signs of a rush the day after the United States imposed new restrictions on people flying in from the UK. From Monday, passengers to the United States will have to provide evidence of a negative coronavirus test.

A Heathrow Airport spokesman said Saturday is not expected to have a large number of travelers and that the day after Christmas is usually a quiet day of travel.

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Alibaba shares fall after reviews of anti-monopoly probe by China

Alibaba Group’s signage will be displayed during the company’s December 11th Global Shopping Festival on November 11, 2020 in Hangzhou, Zhejiang Province, China.

Aly Song | Reuters

BEIJING – Alibaba’s shares fell in Hong Kong and extended trading in the US when reports surfaced that the Chinese government is conducting an anti-monopoly investigation into the tech giant.

China’s state market regulator said Thursday through official online channels that it had launched an investigation into Alibaba for monopoly practices. The main problem was a practice that forces traders to choose one of two platforms instead of being able to work with both.

The news follows mounting – and largely unexpected – pressure from Chinese authorities to curb their largest tech companies through regulatory action.

Alibaba confirmed the market regulator investigation, saying “business operations remain normal.”

Bloomberg first covered the news announced by the Chinese state news agency Xinhua.

Alibaba’s shares closed more than 8% in Hong Kong on Thursday and fell that amount in New York premarket trading.

The regulators meet with Jack Ma’s other company

Also on Thursday, the Chinese authorities said they would meet with Alibaba subsidiary Ant to monitor the financial technology company on issues such as market-oriented behavior and taking into account the rights and interests of consumers.

People’s Bank of China said on its website that the other participating regulators are the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange.

Ant confirmed that he received a notice from regulators for a meeting on Thursday. Last month, regulators abruptly suspended the company’s massive IPO a few days before the planned Hong Kong and Shanghai listing.

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UK More and more Remoted as US Restricts Journey On account of Coronavirus

LONDON – It was another reminder, delivered before dawn on Christmas morning, that Britain is not just an island nation but is increasingly alone.

The United States’ decision to oblige all passengers arriving from the UK to test negative for the coronavirus within 72 hours of flight departure starting Monday was less of a shock than another bitter pill in a gloomy holiday season.

There’s the rapid spread of a variant of the coronavirus that is feared to be more contagious. Dozens of nations have banned travelers from the UK from entering the country. The extended lockdowns in the country will hit 48 million people by Saturday. And thousands of trucks remain stranded on the English coast, even after France lifts a brief border blockade imposed because of virus problems.

Adding to the volatility was a short-term Brexit deal with the European Union, which kept the UK from stepping out of the bloc without a deal but was a painful reminder of a decision that divided the country.

Then there was the Christmas message from Prime Minister Boris Johnson warning against “snogging under mistletoe”.

Although Brexit supporters refrained from being driven by a desire for Britain to “regain control”, the nation’s immediate fate is being shaped by forces beyond the control of any individual – and perhaps no more than the coronavirus .

The rapid spread of the virus variant, which accounts for half of all cases in England according to government statistics, led to the lockdown of London and southern England this week. As of Saturday, it will encompass an even larger part of the country, and a national lockdown hasn’t been ruled out.

“I know it’s been very, very difficult the past few weeks and I have to tell people that it will continue to be difficult,” Johnson said on Thursday.

Many countries already require a negative coronavirus test to enter the country, and the new U.S. restrictions are less stringent than the near-total bans that some 50 nations have placed on travelers from the UK. With the country typically serving as a junction for passengers traveling between Europe and the US, it was another blow to the ailing airlines that cut flight after flight as governments suspended travel.

The usual flood of traffic between the USA and Great Britain had already decreased significantly. According to the Office of National Statistics, more than 4.8 million UK residents visited the United States in 2019.

And while Heathrow Airport posted more than a million passengers to the North American market in February, that number has since fallen to 81,713 last month, according to the airport.

The UK Foreign and Commonwealth Offices updated their travel advice on Friday to include the new testing requirement. Those who want to travel must either present the result of a PCR test, which must be sent to a laboratory and which can take several days to process, or the rapid antigen test, a relatively new tool that gives a result in around 30 minutes.

Updated

Apr. 25, 2020 at 6:54 am ET

With many private clinics and laboratories closed on Friday at Christmas, those who want to travel immediately after the vacation can find it difficult to test within the 72-hour window. Price can also be a factor. Heathrow Airport charges around USD 130 for 48 hour PCR results and around USD 60 for PCR results for antigen tests with results within 45 minutes. Private clinics charge even more for both tests.

Both tests are offered at many major UK airports including Gatwick, Manchester and London Luton and Heathrow. However, with passengers having to register for tests in advance, it was unclear how many could get one in time and then get a result.

Non-essential travel will also be banned across much of the UK from Saturday.

Despite the limitations, there is concern that the variant, which according to increasing scientific knowledge is more contagious, is likely to be far more widespread than previously known. And because few countries are using the level of genomic surveillance that the UK does, it could have been spreading undetected for weeks.

A woman who flew to Germany on Sunday – hours before the country introduced its travel ban – tested the variant positive, German health authorities announced on Thursday. It was the first case identified in the country, but since the variant has been spreading since at least September, experts said it was likely not the first case there.

Singapore also announced it discovered a case on Thursday.

And Denmark, which has more extensive genomic surveillance than many other countries, discovered 33 cases of the variant between November 14th and December 14th, according to the Danish health authorities.

Concerns about the variant that resulted in travel bans also led France to block the English Channel for 48 hours. Although that order was lifted on Wednesday, a later attempt to test thousands of drivers for the virus to enter France has proven to be a logistical nightmare.

As of Thursday, Transportation Secretary Grant Shapps said that of the 2,367 drivers tested, three were positive. Thousands more remain to be tested. The British military has deployed an additional 800 soldiers to assist the 300 existing soldiers in carrying out the screenings.

As concerns increased in drivers’ home countries, including Poland, the country’s defense minister said in a tweet that a team of soldiers would be sent to England to take the citizens home.

For a weary and angry British audience, the usual holiday season pleasures were hard to come by.

Even the Queen’s annual Christmas speech was controversial when a national broadcaster, Channel 4, used the holiday to warn of the dangers of “deep fake” videos with a five-minute fake version of the address.

In it, the fake queen laments the departure of Prince Harry and his wife Meghan to the United States and alludes to the Duke of York’s decision to step down from royal duties this year after giving the BBC an interview about his connection to the United States Sex offender Jeffrey Epstein.

The BBC’s royal correspondent Nicholas Witchell was not impressed.

“There have been innumerable imitations of the queen,” he said. “That’s not very good.”

The real Queen Elizabeth II was separated from most of her family on Friday and spent Christmas at Windsor Castle with her husband, Prince Philip, rather than Sandringham as is her usual tradition.

When she turned to the nation, she offered a historical perspective, citing the example of Florence Nightingale, who was born two centuries ago this year.

“Florence Nightingale shone a lamp of hope all over the world,” said the Queen. “Our frontline services still shine for us today – supported by the amazing achievements of modern science – and we are indebted to them. We continue to be inspired by the kindness of strangers and comfort ourselves that even on the darkest of nights there is hope in the new dawn. “

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Shares prepared to shut out highly effective 2020 as dangers loom in January

Traders work on the trading floor of the New York Stock Exchange.

NYSE

At the end of trading next Thursday, the bull market will be ready to run through 2021, but likely at a slower pace.

January is the month Wall Street tradition says sets the tone for the year – “this is January, this is the year,” as the saying goes. This January could be challenging as the spreading pandemic slows the economy and the all-important Georgia Senate runoff takes place on January 5th.

Joseph Biden is sworn in as president on January 20th.

“It’s a year-end autopilot market,” said Sam Stovall, CFRA chief investment strategist. Three out of four years there will be a year-end Santa rally in the market, but Stovall is also waiting to start trading in the first five days of January for signs of how the market might trade in 2021.

If the market is higher in the first five days, history shows the S&P 500 is up 82% for the full year, with an average gain of 12.5%.

“There are things that we might be worried about in January. If it were real worries, the market would already react or already step on water,” said Stovall. “What scares me is that the market is building itself. It’s a correction in the search for a catalyst and we don’t yet know what the catalyst is.”

Some strategists expect a pullback earlier in the year, but the consensus is that the market will end higher in 2021. The average expectation for the S&P 500 by the end of 2021 is 4,056, according to a CNBC poll of strategists.

Stovall said the market has gotten expensive and there are signs of foam. The 12 month value for money for S&P 500 companies is 41% premium versus the average multiple of 16.7 dating back to 2000.

“I don’t really believe that the first few days of January should set the direction for the market for the year’s balance sheet,” said Michael Arone, chief investment strategist, State Street Global Advisors. “If indeed [stocks] Doing a rally is more of a sign of strength. But if they hiccup I wouldn’t throw in the towel. “

The outcome of the Georgia races is a wild card for stocks and regardless of the outcome, it could trigger a market reaction. Should there be a surprise and the Democrats win both seats, the Senate would be split evenly between Republicans and Democrats. This would mean the elected Vice President Kamala Harris cast the votes.

Some strategists say the market could sell out if the Democrats win, as investors fear the party would have the votes to pass the Biden-favored tax hikes. On the flip side, a GOP win could spark a relief rally.

But Stovall said the market could rebound towards a Democratic victory if investors considered the prospect of a bigger infrastructure and stimulus package, favored by the Democrats.

Arone said uncertainty over the current $ 900 billion stimulus package approved by Congress last week could be cause for concern if President Donald Trump decides to veto or not sign the bill.

The president criticized the package, saying individuals should be given more than the $ 600 that would go to many adults and children as part of the relief.

The law extends unemployment benefits to millions of Americans, and those benefits will expire on December 31st unless signed up.

“We face deadlines rather than just being a political matter,” said Peter Boockvar, chief investment officer at Bleakley Advisory Group. “There are actual deadlines for services that expire. Because of the deadlines, the market assumes that they will be exceeded.”

But the concern will hang over the market until it is resolved.

Quiet trading is expected in the coming four-day holiday week. There are few economic reports; Jobless claims on Thursday are being closely monitored. The following week, the December jobs report is expected to show a weaker labor market, with some estimates suggesting only about 100,000 jobs or fewer added.

9 month old bull

The S&P 500 starts the final week of the year up around 15% for 2020, but from the March low, the index has risen around 65%. The bull market turned nine months old this past week.

According to CFRA’s Stovall, that nine-month gain is more than double the average nine-month gain of 32.2% for all bull markets since WWII. Over the remainder of the bull markets, their average growth was only 20.3%, showing a slowdown in the profit rate.

“After those typical jackrabbit starts, the bull market advance rates typically slowed and saw lower average annual rates for the remaining bull market runs,” noted Stovall. Based on previous bull markets, he said returns could slow to around half of their current profit for the remainder of the bull run.

Calendar for the week ahead

Tuesday

9:00 am S&P / Case-Shiller real estate prices

Wednesday

8:30 a.m. Advanced Leading Indicators

9:45 am Chicago PMI

10:00 a.m. Pending home sales

Thursday

8:30 a.m. unemployment claims

Friday

New Year

Markets closed

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A Freight Site visitors Logjam Eases at Britain’s Ports

On Thursday, trucks boarded ferries in Dover to cross the English Channel for the first time in four days. This was a step towards ending a thousand traffic jams that piled up at the border after France banned crossings from the UK to limit the spread of a coronavirus variant.

The sea, rail and air routes had reopened more than 24 hours earlier after London agreed to run virus tests on drivers. However, the backlog didn’t begin to clear until Thursday after British authorities set up a screening and cleared the healthy for travel.

Members of the British military were dispatched to test the thousands of drivers.

Due to the size of the task, the movement remained slow on Thursday morning. It could take days for the traffic jam to clear completely, which means that many drivers are unlikely to come home on Christmas Day.

Hordes of drivers have been stranded after the border’s sudden closure, leaving them with no more space and barely any access to food or public facilities. Many had to sleep in their rigs for several nights, and even with the track open, trouble was felt on Thursday when some truckers spelled the word “HELP” with traffic cones, according to a picture in The Guardian.

“It’s like a horror movie,” said Ravinder Singh, executive director of Khalsa Aid, which distributes meals to drivers stuck on the highway. “It’s a prison for them: there is nowhere to go,” he added.

About 6,000 trucks got stuck in Dover and approaching the port on Thursday, of which 4,000 were parked at a disused airport that has been converted into a stopping area, the BBC reported.

The government in Kent, the county of which Dover is a part, has been working with aid organizations to provide food and water for drivers. Supermarkets and local businesses in south east England have also made donations, council officials said, adding that more portable toilets have also been installed along the motorway.

Roger Gough, chairman of Kent Council, said in a statement that he hoped the situation would steadily improve.

“However, I have deep condolences for those who are late for Christmas with their families,” said Gough.

In other developments around the world:

  • Austria The ski slopes were allowed to be opened on Thursday, but all skiers aged 14 and over had to wear respirators in public areas and when driving in gondolas. Hotels, restaurants and bars will remain closed. From Thursday, Austria will loosen the lockdown for the Christmas holidays, lift the night curfew and allow up to 10 people from 10 different households to meet. On Saturday, the restrictions will be tightened again until mid-January. The country of 8.8 million people recorded 2,131 new cases of infection on Thursday.

  • China will suspend direct flights to and from the UK indefinitely due to concerns about the infectious variant that is widespread there, a State Department spokesman said Thursday. China has banned non-resident travelers from Belgium, the UK, France, India and the Philippines since November, but kept its borders open to Chinese nationals, including students studying in those countries.

  • Prime Minister Ana Brnabic of Serbia Reuters reported that he received the country’s first Covid-19 vaccine on Thursday, starting a mass vaccination campaign. Around 4,875 doses of the Pfizer BioNTech vaccine were flown in on Tuesday. This made Serbia the first Balkan nation to receive shots. Ms. Brnabic said the country is also awaiting shipments of China’s Sinopharm and Russia’s Sputnik V vaccines, and President Aleksandar Vucic will most likely receive the Sinopharm vaccine. “We both agreed that the two of us would be shooting from different producers,” she told reporters.

  • European Union The member states should start vaccinations on Sunday. in the France, where the The National Health Agency approved the Pfizer BioNTech vaccine. The authorities have ordered about 200 million cans and have outlined a three-phase vaccination strategy, starting with retirement homes and hospitals. Spain The first Covid-19 vaccination is due to take place on Sunday in a nursing home in downtown Guadalajara.

Melissa Eddy, Tiffany May, Raphael Minder, Constant Méheut and Eshe Nelson contributed to the coverage.

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Covid resurgence in Japan, South Korea may hit Asia’s financial restoration

Snow falls as people wearing face masks walk through the Asakusa district on March 29, 2020 in Tokyo, Japan.

Tomohiro Ohsumi | Getty Images

SINGAPORE – Towards the end of 2020, many investors are viewing Asia as the region with one of the best economic prospects for the next year as the coronavirus outbreak can be relatively better controlled.

However, a recent surge in Covid cases in some countries threatens to dampen the region’s economic outlook, some analysts have warned.

“For some of the Asian giants, this year’s problems with Covid-19 are unlikely to get better when the clock strikes 12 noon on New Year’s Eve,” said research firm Pantheon Macroeconomics.

However, many parts of Asia – where the virus first appeared – remain lower than in Europe and the US, data from Johns Hopkins University showed.

For some of the Asian giants, this year’s Covid-19 problems are unlikely to get better when the clock strikes 12 noon on New Year’s Eve.

But some countries are now struggling with a far worse resurgence than they did earlier in the pandemic. Even areas that have made great strides in containing the virus may not be spared. Taiwan this week reports its first locally transmitted case since April 12 – underscoring the difficulty in eradicating Covid.

Here’s a look at the Asian economies grappling with a renewed spike in coronavirus infections and how that would affect their economic prospects.

Japan

  • Covid-19 balance sheet: 207,007 cumulative confirmed cases and 2,941 deaths as of Wednesday, according to Hopkins data.

The number of daily reported coronavirus infections in Japan rose again in November and topped 3,000 for the first time last week, Hopkins data showed.

According to Reuters, medical groups in the country warned the pandemic will put a significant strain on the health system. However, Japanese Prime Minister Yoshihide Suga has failed to declare a state of national emergency – although he said he was suspending a travel subsidy program to slow the spread of the coronavirus, the news agency reported.

Economists at Pantheon Macroeconomics wrote in a Wednesday report that the Japanese government’s “relatively soft” rules on social distancing don’t appear to be working and that this could lead to tougher measures in the coming months.

“Therefore, a second and more effective nationwide state of emergency in Japan early next year cannot be ruled out,” the economists said. That would weigh on Japan’s economy in the first quarter of 2021, they added.

South Korea

  • Covid-19 Record: According to Hopkins, there were 53,533 cumulative confirmed cases and 756 deaths on Wednesday.

As in Japan, the daily incidence in South Korea reached unprecedented levels this month – above 1,000 for the first time since the outbreak.

But unlike in Japan, the government in South Korea has taken a tougher stance in response to the new wave of Covid cases.

The government on Tuesday announced a nationwide ban on gathering five or more people and ordered the closure of tourist attractions such as ski slopes and other winter sports facilities, Yonhap news agency reported.

This move, according to Pantheon Macroeconomics, would allow most of South Korea’s economic damage to be contained, for the most part, in the fourth quarter of this year.

Malaysia

  • Covid-19 balance sheet: 98,737 cumulative confirmed cases and 444 deaths on Wednesday, according to Hopkins data.

The Southeast Asian country kept Covid cases to a minimum before the recent surge from October, Hopkins data showed. This prompted the government to impose a new round of partial closure measures in some parts of the country.

Economists with consulting firm Capital Economics said the outlook for the Malaysian economy had become “less optimistic” this quarter, particularly in the area of ​​consumer spending.

“A second wave of the virus and the reintroduction of many restrictions on movement have reversed the sharp recovery in home consumption in the third quarter. Google’s high-frequency mobility data suggests social distancing continues to weigh on activity,” a report said Tuesday.

But the other parts of the economy – like exports – should continue to perform strongly, so the macroeconomic success of the recent resurgence is likely to be “much less” than the previous wave, the economists said.

Categories
World News

French President Macron, Freed from Covid Signs, Leaves Isolation

PARIS – A week after testing positive for the coronavirus for the first time, French President Emmanuel Macron stopped isolating because he was no longer showing symptoms, shared a statement from the Élysée Palace, its official office, on Thursday With.

During his quarantine, Mr Macron – who had typical symptoms of Covid-19 such as fatigue, cough and pain – was “able to remain mobilized in the most important current affairs of our country and hold meetings and councils as planned” statement read.

Mr Macron contracted the virus at a time when a surge in infections across France was shedding hopes that people could safely celebrate the end of the year celebrations.

French health protocols recommend an isolation period of seven days after symptoms appear or a positive virus test. However, a negative test is not required to leave the isolation after this time has elapsed.

The French president was not the first world leader to contract the virus. But unlike several other prominent leaders who have had it – including President Trump, President Jair Bolsonaro of Brazil and Prime Minister Boris Johnson of the UK – Mr Macron has consistently emphasized the threat posed by the virus.

Although it is still unclear how Mr Macron got infected, last week’s announcement that he had the disease prompted a cascade of leaders who had met with him over the past few days to isolate himself, including the Spanish one Prime Minister Pedro Sánchez. Prime Minister António Costa of Portugal; and the President of the European Council, Charles Michel.

French Health Minister Olivier Véran said Mr Macron may have been infected at the December 10-11 European Council meetings. Slovak Prime Minister Igor Matovic, who attended the same gatherings, also tested positive for the virus.

Mr Macron, who celebrated his 43rd birthday in isolation on December 21, used his quarantine period to reiterate warnings about the risk of contamination.

In Thursday’s statement announcing his improvement, he urged members of the French public to limit their contacts and remain vigilant during the Christmas holidays by “ventilating rooms, wearing a mask and washing their hands regularly”.

Over the past week, daily updates on Mr Macron’s health have been released by Mr Macron himself, by his personal doctor or through official statements from the Élysée Palace – a departure from France’s tradition of secrecy regarding the health of its presidents.

In a self-recorded video of his presidential retreat near Versailles last week, a tired-looking Mr. Macron said he was suffering from a cough, headache and fatigue. His office reported the first signs of improvement on Wednesday after describing his health as “stable” for the past few days.

Mr. Macron held several virtual meetings with his ministers and continued exchanges with foreign leaders such as Russian President Vladimir V. Putin on Tuesday.

In an interview with French magazine L’Express on December 17, the day it tested positive and published on Tuesday, Mr Macron said he wanted to rely on “patriotic and European” French people to undermine an “undermined” one “Land” to reconcile “” divisions “that persist three and a half years after his tenure as President.

With more than 60,000 deaths caused by the coronavirus and around 2.5 million reported coronavirus infections, France has taken a heavy toll on the pandemic. While the number of new infections had dropped below 10,000 per day by the end of November, they have dropped to an average of 14,000 new cases per day over the past seven days, shedding hope that the second wave is over.

On Thursday, the French health authority approved the Pfizer BioNTech vaccine, which officially opened the way for vaccination after receiving support from the European Union earlier this week.

The vaccination campaign in France begins on Sunday in several retirement homes and care facilities. The French authorities have ordered around 200 million doses and established a three-phase vaccination strategy, starting with the elderly and at-risk nursing home workers.