Top Stories From the Breitbart News Desk

[Maganomics Daily]( Top Stories From the Breitbart News Desk We’ve been warning for a while that the stock market had already priced in good news on the COVID vaccine and that the risk stocks faced was mostly to the downside from lockdowns being harsher than the market expected. That’s a view that was largely vindicated yesterday when NYC Mayor Bill de Blasio said the city may have to go into full shutdown to prevent its hospitals from being overwhelmed. Prior to the mayor’s remarks, the Dow Jones Industrial Average had been at an intraday record high. Those remarks, as well as further news of tighter restrictions in Europe, sent the Dow plunging 450 points to end the day, when vaccine distribution started in the U.S., down 0.62%. [How To Live Your Best Life]( Not all stocks suffered equally. The reopening trade (companies that will benefit from reopening) fared badly. Hotels, airlines, rental cars, and Disney dropped. The lockdown trade (companies that benefit from lockdowns) did well, pushing Peloton up by more than 4% and the tech-heavy Nasdaq up 0.5%. Netflix shares jumped 3.8%. Video-game maker Activision Blizzard shares rose 2.7%. There’s probably still more potential for negative shocks from politicians and lockdown news. After yesterday’s Electoral College vote, Joe Biden is officially president-elect. That may entice Democrats to be more open about their lockdown plans even as the vaccine rolls out across America. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image]( [Mayor Bill de Blasio Warns NYC May Face ‘Full Shutdown’ in Coming Weeks]( New York City Mayor Bill de Blasio said Monday the city may soon face additional restrictions and could go back to a total shutdown. “There’s the potential of having to do a full pause, a full shutdown, in the coming weeks, because we can’t let this kind of momentum go,” he said during an interview on CNN. [[Click here for more]( Recommended Link [LEAKED! Pelosi’s Scary New “Money Plan”…]( [image]( Nick Giambruno, of Casey Research, just got his hands on a leaked plan from Speaker of the House Nancy Pelosi… [And it’s downright scary](. If you’ve got over $5,000 in a U.S. bank, credit union, or retirement account… You are at risk. The idea behind Pelosi’s plan has the backing of Bill Gates, the Clinton Foundation, Visa, J.P. Morgan… Even the Fed is getting ready for “the Switch.” All evidence suggests it will get under way January 1, 2021. [Watch urgent update on “the Switch” here]( -- IN OTHER STORIES… [Dow Swings to Loss in 450-Point Reversal on Lockdown Fears]( The Dow Jones Industrial Average briefly hit an intraday record high on Monday before diving into negative territory as investors grew increasingly concerned that tightening restrictions in New York City and elsewhere could weigh down the economy. [[Click here for more]( [Report: Treasury Hacked by Group Backed by Foreign Government]( A report published on Sunday revealed that data stored by the United States Treasury was compromised by a sophisticated hacking group backed by a foreign government. The hackers also infiltrated the Commerce Department’s National Telecommunications and Information Administration. The National Security Council launched an investigation into the incident after a meeting on Saturday at the White House. [[Click here for more]( [Nolte: Box Office Revenue Crashes 80 Percent to 40-Year Low]( The 2020 box office collapsed 80 percent in North America, which is right around a 40-year low. [[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. To stop receiving these emails, click [here](. Maganomics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-415-6046, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@maganomics.com). © 2020 Signal to Noise, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Signal to Noise, LLC. [Privacy Policy]( | [Terms of Use](