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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day in 2000, Barron published a cover story called “Burning Up,” which was warning investors about what?
Think you know the answer? You can check it in the closing area down below!
Image Source: NYSE
If the recent activity in the stock market has you scratching your head, rest assured, you’re not alone. Traders don’t really seem to know what to make of it all.
Over the last couple of weeks, investors have been particularly preoccupied with increasing inflation and yield concerns, and it has almost felt like the threat of the virus has faded into the background. But the news that Paris, France was facing another lockdown put the pandemic back into focus.
“We all got comfortable thinking [the pandemic] was done or manageable, and it may turn out to still be a wild card,” said Peter Tchir of Academy Securities. “Nobody wants another year of lockdowns. The Paris story was not what the market wanted to hear. The market was not in a mood to receive more bad news.”
He continued: “The bond market was not particularly happy with [Fed Chair Jerome] Powell’s comments…”
Other News That Matters To You:
How much money will you end up leaving on the table?
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Most K-12 students can now sit three feet apart instead of six, the Centers for Disease Control and Prevention said on Friday, so long as they are wearing masks. The updated rule applies regardless of whether the community’s transmission of the virus is considered low, moderate, or even substantial.
However, in a high transmission area, middle and high school students would need to be six feet apart, unless assigned groups were maintained. Elementary school students would still be able to sit three feet apart.
“CDC is committed to leading with science and updating our guidance as new evidence emerges. Safe in-person instruction gives our kids access to critical social and mental health services that prepare them for the future, in addition to the education they need to succeed,” said the CDC director, Dr. Rochelle Walensky.
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