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Hey there, Bullets Fans & Happy New Year –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day back in 1904, the US granted the first patent for the world’s very first air conditioner.
Who was the inventor behind that patent?
Think you know the answer? You can check it in the closing area down below!
Image Source: NYSE
The stock market’s rise after its fall this year was unprecedented, to say the least. Stocks continue to soar, even as millions of Americans are still struggling. Right now, 10.7 million are unemployed, according to government data.
“One of the things that the pandemic has underscored more than anything else is that the stock market is a forward-looking mechanism,” said State Street Global Advisors Chief Investment Strategist Michael Arone. “That’s been the tagline all year long as investors continue to scratch their heads wondering why the stock market could perform so strongly while the economy, labor market and earnings face such challenges. It’s more about future expectations than current conditions.”
Other Top Financial News
What if you could win 84% of the time?
Image Source: WFAA.com
Earlier this week another American was infected with the newer strain of the virus that was first found in the U.K., officials said. This second case appeared in California, apparently in the southern region.
Governor Gavin Newsom and Dr. Anthony Fauci held a Facebook live earlier this week to talk about the development.
“I don’t think that the Californians should feel that this is something odd. This is something that’s expected,” Fauci said during their call.
Prior to the California case, someone in Colorado was also infected with this same, new strain, dubbed B.1.1.7. There may even be another person in the state with the same variation, an official said.
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