13Jan2020 Market Close: New All-Time Highs As Tech Continues To Lead. Oil And Gold Slide. Dollar And Bond Yields Firm.

Wall Street hits record, boosted by trade and earnings optimism

Apple, Alphabet and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports.

Amazon to ramp up counterfeit reporting to law enforcement

Amazon.com Inc is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes listed on its e-commerce sites, a person familiar with the program told Reuters.

U.S. gave Britain new evidence of ‘madness’ of using Huawei in 5G network: report

U.S. government officials presented the British government with new evidence on Monday about the risks of including Huawei [HWT.UL] equipment in future 5G mobile networks, branding it “madness”, the Guardian newspaper reported.

Fed on hold, but will financial risks matter?

U.S. Federal Reserve officials may be in broad agreement that interest rates are unlikely to change soon, but they differed Monday on how concerned they are about developing financial risks in assessing when a rate hike might be appropriate.

Fed’s Bostic: ‘High bar’ to any rate hike given need to raise inflation

There is a “high bar” to the U.S. Federal Reserve raising interest rates given the need to raise inflation and guard against any drop in inflation expectations, Atlanta Fed president Raphael Bostic said on Monday.

U.S. rejects Avenatti claim that ‘document dump’ justifies Nike trial delay

U.S. prosecutors on Monday rejected Michael Avenatti’s claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer of trying to extort Nike Inc , and that the material should be excluded or the trial delayed by 30 days.

Stocks hit record ahead of U.S.-China trade deal, dollar gains

Bond yields edged higher while a gauge of global equity markets hit a record high on Monday, lifted by optimism over the planned signing this week of a U.S.-China trade deal and hopes the start of the U.S. corporate earnings season will not disappoint.

Oil falls 1% as focus shifts to high U.S. fuel stocks

Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following last week’s bearish U.S. report showing a large fuel stockbuilds.

New Boeing chief executive: planemaker can be ‘much better’

Boeing Co’s new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March.

Why Are Volcanoes All Over The Globe Suddenly Shooting Giant Clouds Of Ash Miles Into The Air?

Why Are Volcanoes All Over The Globe Suddenly Shooting Giant Clouds Of Ash Miles Into The Air?

Authored by Michael Snyder via The End of The American Dream blog,

There certainly hasn’t been a lack of seismic activity so far in 2020. Just a few days ago, I wrote about the horrific earthquake swarm that Puerto Rico is currently experiencing. More than 1,000 earthquakes have rattled Puerto Rico so far, and as you will see below, it was just hit by another very large earthquake. But right now volcanic eruptions have taken center stage. In particular, a massive eruption in the Philippines is making headlines all over the world, but what most people don’t realize is that several other volcanoes have also blown their tops in spectacular fashion within the past week. Suddenly, volcanoes all over the globe are shooting giant clouds of ash miles into the air, and this is greatly puzzling many of the experts.

Dollar, Bonds, & Bitcoin Snooze As Tech Stocks Soar To Record-er Highs

Dollar, Bonds, & Bitcoin Snooze As Tech Stocks Soar To Record-er Highs

Young NFL players (and leveraged-to-the-gills stock market longs) “need to start taking care of their chicken…”

Marshawn Lynch dropping jewels for NFL players in what could be his final presser as a player pic.twitter.com/N8qOl6vcyC

” Dontà Stallworth (@DonteStallworth) January 13, 2020

Chinese markets surged overnight with small-cap, tech dominant…

Big Changes Coming For Northeast As Arctic Blast Expected By Weekend

Big Changes Coming For Northeast As Arctic Blast Expected By Weekend

Extended forecasts are suggesting the arrival of much colder weather across the U.S. starting later this week into February, and this could elevate potential risks for winter storms in the Mid-Atlantic and Northeast.

Global Forecast System (GFS) data shows Old Man Winter will return to the Northeast on Friday with average temperatures from Washington, D.C., to Boston around 25 to 34 degrees. The cold will persist through the end of the month.Â

Carlin, McCord, Ciamerella, & Kris: Sedition In Real-Time

Carlin, McCord, Ciamerella, & Kris: Sedition In Real-Time

Authored by James Howard Kunstler via Kunstler.com,

It is a wonder of these incendiary times that even as impeachment of a president moves to its ripest phase, trial in the Senate, the acts of sedition that prompted it still go on behind the scenes with no intervention – an epic failure of authority, if there ever was one. And further irony, if ever there was a trial that cried for witnesses, the impeachment case being brought by Mrs. Pelosi is such a hash of fraud, incompetence, and chicanery, that it begs for summary dismissal ” so that these seditious caitiffs will not have to answer to the nation.

Why India needs to stay the course on splitting the CMD post

Why India needs to stay the course on splitting the CMD postThis all-powerful chairman role stifles the very elements needed for good corporate governance.

Now, cash recharge option for FASTags

Now, cash recharge option for FASTagsThe government will roll out the option of cash recharge for FASTags to accelerate its adoption.

India is walking a US-Iran tightrope

India is walking a US-Iran tightropeIndia, for its part, will have to reconcile Iranian regional ambitions with a repackaged US idea of global power.

LIVE ALL WEEK: Weather 13 January 2020 Through 19 January 2020

Written by Sig Silber

This article provides continuous updates for a variety of Weather and Weather-Related Threats as well as a general weather forecast. These are “Live” maps and continually update. Please pay attention to the Mesoscale Events maps — Mesoscale Events are potentially life-threatening situations. We include a Ski Report.

Did President Trump Kill Qassem Soleimani to Appease John Bolton?

Written by Frank Li

This post was triggered by this recent news story: Trump reportedly told associates he killed Qassem Soleimani because he was under pressure from GOP senators before his impeachment trial.

I think President Trump killed Qassem Soleimani to appease John Bolton!

Capitol Report: Here are the 12 Democrats running for president, as Booker drops out and the first debate of 2020 looms

Six Democratic presidential hopefuls are preparing to square off Tuesday night in Des Moines in the first debate of the year, but the 2020 field is still a dozen strong with the primary season set to begin.

In One Chart: Will you ‘feel pretty stupid’ holding cash? One trader revisits Ray Dalio’s laughable call and warns of a similar drop

Almost exactly two years ago, investing legend Ray Dalio turned heads with one of the worst short-term market calls in recent memory. Kevin Muir says a similar scenario could be on the way.

The Wall Street Journal: Wine industry in a state of ‘near panic’ as it girds for impact of Trump tariffs

There is no timeline for when new tariffs ” prospectively including levies as high as 100% on nearly all wine from Europe ” might go into effect.