Top Stories From the Breitbart News Desk

[Maganomics Daily]( Top Stories From the Breitbart News Desk Governor Andrew Cuomo of New York announced Friday that the Empire State would once again ban indoor dining as part of its efforts to stem the rise of infections, hospitalizations, and deaths from COVID-19. The move was inevitable given the rise of infections and the political dynamics at work that reward officials for shutting things down and make resisting calls for lockdowns risky. Consider a hypothetical surge in COVID cases that would cost 50,000 lives over three months. If a politician shuts down businesses and tells residents to stay at home, he can claim credit for holding deaths down to 50,000, and say without fear of contradiction that things would have been much worse. If the same official instead declined to issue stay-at-home orders, he would be blamed for every single one of those deaths. Regardless of their effectiveness, lockdowns will happen so long as this dynamic reigns. [How To Live Your Best Life]( The market took the news from New York in stride, with the major indexes closing close to flat. It’s likely the strong rebound after the lockdown crash of February and March has made many investors hesitant to sell into bad news. And even though we don’t have a bipartisan economic relief package in the works this time around, we do have the vaccine. So investors can at least look forward to a day when we might be less at the mercy of this particular pandemic. Another thing that may be different this time around is the possibility of rising resistance. Last time around, while there was some grassroots resistance to lockdowns, most elected officials went along with the recommendations to shut down business activity for weeks. That might not be true this time. Republican governors will feel less compunction to follow the guidance of the White House. And some, notably Florida Governor Ron DeSantis, have made it clear they will not reissue the blanket lockdowns we saw in March. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image]( [Partisan Euphoria of Democrats Drives Consumer Sentiment Higher]( The resurgence in COVID infections and deaths was overwhelmed in the first weeks of December by Democrat partisan euphoria over the 2020 presidential election, triggering an unexpected improvement in consumer sentiment. The University of Michigan’s index of consumer sentiment made a surprise jump higher to 81.4 from 76.9 in November. Economists had expected the midmonth December reading to register a slight decline. [[Click here for more]( Recommended Link [Up to $274,441 Trading Just 1 Stock? || SHOW ME »]( [ad_img]( According to Jeff Clark… A former $200 million money manager… One stock on this list could have handed you a total of $273,441 on just a handful of trades… But he says most folks will gloss right over it… [Show Me the Stock Now]( IN OTHER STORIES… [Big Business, Lawmakers Lobby to Cut U.S. Tariffs on China During Pandemic]( House Republicans and Democrats are joining retail corporations to ask United States Trade Representative Robert Lighthizer to reduce tariffs on China in the midst of the Chinese coronavirus crisis. [[Click here for more]( [Gov. Andrew Cuomo Shuts Down Indoor Dining in NYC, Fewer Than 2% of Coronavirus Cases Traced to Restaurants]( Gov. Andrew Cuomo (D-NY) announced Friday that he will shut down indoor dining in New York City, despite the fact that contact tracing does not show restaurants as a primary source of coronavirus transmission. [[Click here for more]( [Senate Passes Defense Bill 84-13; Removes Confederate Symbols, Does Not End Sec. 230]( A majority of Senate Republicans joined Democrats to pass the National Defense Authorization Act Friday, even though it fails to repeal Section 230 of the Communications Decency Act and will begin scrubbing Confederate symbols from the military. [[Click here for more]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Trader’s Guide to Technical Analysis]( [image]( [America’s #1 Portfolio Protection Plan]( [image]( [The Gold Investor’s Guide]( [Maganomics]( Maganomics Institute 55 NE 5th Avenue, Delray Beach, FL 33483 [www.maganomics.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. 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