Morning all,
Floods out west, could be worse but we need the water, otherwise it's ok.
Markets strong on the bounce, looks like best daily % gain since Trump was in, just a pity Biden made in drop 2k beforehand, longs could probably thank the shorters for covering LOL. Will it last is the question, normally get a Xmas run but macro changing, then theres funding and stimulus to happen which it most likely will even though i pray for a no deal! lol
Musk reckons EV's will overload the grid.......no shjt sherlock! Some don't think so. If commoners are still allowed cars in the future or can afford them it's going to be interesting how these power companies bill them! Imagine a low income earner racking up the fuel bill in electric on three months tick! Often people stay poor because of how they manage their money and not being very good at it or disciplined enough to cope with a 3 mth fuel bill! Then they'll get cut off and have no power for lights, cooking, heating and air-con.......It will be a problem, not for the rich who are pushing EV's but for the poor who are struggling to make ends meet putting $15 of fuel in a $3k car at a time...............The equality gap increases again due to policy!
Courts not liking Biden's Jab mandates, against the constitution, why don't we have a constitution like the USA, it's much better than ours or is it just our judges? Can't we just photo copy it and put it in place...easy peasy, no paracitical Lawyers required.
Anyway, looks like a Friday rally leading into party night today.
