COVID Vaccine & Biden – Mix Bag of Effects for Shipping

analyst on vaccine

The stock market soared on Monday in the wake of President-elect Joe Biden’s victory and Pfizer’s vaccine announcement. Both news bombshells will affect ocean shipping — with myriad consequences for the container and tanker sectors. The market puzzle is getting ever more complicated, writes Greg Miller, Freight Waves Senior Editor in an article published on their website.

Low-case stimulus scenario for containers

Federal stimulus has had an enormous effect on consumer spending power, and...

https://mfame.guru/covid-vaccine-biden-mix-bag-of-effects-for-shipping/

Oil Dipped Over US Presidential Election Results & EU Economic Forecast

  • The European Union on Thursday lowered its economic forecast and said the economy would not rebound to pre-virus levels until 2023.
  • Brent settled down 30 cents at $40.93 per barrel while West Texas Intermediate declined 36 cents at $38.79.
  • Saudi Aramco cuts prices for all U.S. grades by 20 cents and raised them by as much as $1 for the northwest Europe and Mediterranean regions.
  • Kemp went on to note that if passenger aviation reverts to more normal levels, “it could boost global oil...

https://mfame.guru/oil-dipped-over-us-presidential-election-results-eu-economic-forecast/

US Witness Second Highest COVID Tally on Election Day With 91000 Cases

El Paso is facing its worst Covid-19 outbreak while trying to vote on Election Day

According to a CNN report, the US recorded 91,530 new Covid-19 infections on the day many Americans cast their ballots, adding to a series of staggering case numbers reported within just the past week.

Another COVID Surge Awaiting?

The country’s five highest days of coronavirus cases have all been recorded since October 29, affirming experts’ warnings another surge is well on its way and will only get worse. The nationwide 7-day average of new cases now stands at about 86,363 — more than double...

https://mfame.guru/us-witness-second-highest-covid-tally-on-election-day-with-91000-cases/

US Presidential Election Results- Tooth & Nail Fight Down To 3 States

The race to the White House is now down to the wire with US President Donald Trump and Democrat candidate Joe Biden battling it out in the key states of Wisconsin, Michigan, Nevada and Pennsylvania. While Biden is marginally ahead in Wisconsin and Michigan, Trump is leading in Pennsylvania, says media reports

Democrats typically outperform Republicans in mail voting, while the GOP looks to make up ground in Election Day turnout.

The Final Push

The Democrats are banking on mail-in votes, largely...

https://mfame.guru/us-presidential-election-results-tooth-nail-fight-down-to-3-states/

81 Nobel Laureate Scientists Support Joe Biden As A Science Based Decision Maker

Democratic presidential nominee former US Vice President Joe Biden speaks during a campaign event at Mill 19 in Pittsburgh, Pennsylvania, August 31, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
  • As many as 81 US scientists have found the ideal leader in Joe Biden because of his science-based decision making
  • The Nobel laureates underline the need of science-based decision-makers in the national leadership especially when the world is facing a pandemic
  • Biden’s idea of...

https://mfame.guru/81-nobel-laureate-scientists-support-joe-biden-as-a-science-based-decision-maker/