Top Stories From the Breitbart News Desk

[Maganomics Daily]( Top Stories From the Breitbart News Desk The great vaccine rally pushed the Dow past 30,000 for the first time ever. The big round-number milestone for the stock market may be technically meaningless, but it’s a reminder of how far we’ve come very quickly. At the depth of the lockdown sell-off in March, the Dow fell all the way to 18,213, so today marks an almost 65% gain for the big board. And the rally is not confined to the big boys of corporate America. The small-cap Russell 2000 jumped 1.76% yesterday to hit its all-time high. There appears to be a growing divergence between the stock market and the underlying economy. Consumer confidence fell this month, the first decline in six months. This appears to be a reaction to rising restrictions and lockdowns supposedly aimed at stemming the surge of China virus cases. [Banks Preparing for Major Devaluation of the U.S. Dollar]( We learned this week that the governor of Pennsylvania ordered all establishments to stop selling alcohol at 5 p.m. tonight, requiring people to drink their liquor at home rather than in a bar like God intended. New York City is on the verge of another round of restaurant closings. Across the country – as the regional Fed bank surveys of manufacturers show – lockdowns and the prospect of lockdowns are slowing the economy. So who has it right, the stock market or consumers and manufacturers? Perhaps they both do. The “expectations” portions of the consumer confidence indicator and the Fed surveys ask respondents about conditions six months into the future. And that looks bleak. But investors may be looking further into the future, expecting the vaccines will bring an end to the lockdowns and free the economy to grow again. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image]( [U.S. Consumer Confidence Slumps as Hope Fades]( Consumer confidence fell to a three-month low as hope faded across America in November. The Conference Board’s Consumer Confidence Index dropped to 96.1 from a revised October reading of 101.4. That was a bigger drop-off than expected by economists. [[Click here for more]( Recommended Link [Latest Bank Scandal (footage)]( [image]( This is outrageous! On page 37 of one of President Trump’s recent financial disclosures… there it was… A stunning line that proved what some consider a “theft” of as much as $4.3 million by one of America’s largest banks. Now, you may not have billions to your name. But here’s what matters… Almost ALL Americans are falling victim to this same “robbery.” In fact, if you have $10,000 in a big bank… Bank of America… Wells Fargo… Chase… Capital One… or others. You’re likely being “taken for a ride” to the tune of almost $1,000 a year… Find out all the details about what’s going on in this video. [Just click here to access it now]( -- IN OTHER STORIES… [Richmond Fed Manufacturing Survey Unexpectedly Slumps]( Manufacturing activity across the central Atlantic region of the U.S. unexpectedly softened in November, data from a survey from the Federal Reserve Bank of Richmond showed Tuesday. [[Click here for more]( [Elon Musk Makes $100B in 2020, Becomes World’s Second-Richest Man]( Tesla and SpaceX CEO Elon Musk has overtaken Microsoft cofounder Bill Gates to become the world’s second-richest person, behind Amazon CEO Jeff Bezos. Musk’s fortune increased an astounding $100 billion this year, from $28 billion to $128 billion. [[Click here for more]( [Dow Tops 30,000 for First Time Ever]( The Dow Jones Industrial Average on Tuesday rose above 30,000 for the first time ever. The Dow traded 520 points higher, or 1.75 percent. The S&P 500 climbed 1.6 percent, with all 11 sectors up. The Nasdaq climbed around 1 percent. The Russell 2000 hit an all-time high, climbing around 1.9 percent. [[Click here for more]( [Qantas Airways to Make Coronavirus Vaccination Mandatory for International Travel]( Australian airline Qantas is drawing up plans to make a coronavirus vaccination mandatory for all passengers traveling internationally, the company’s top executive has revealed. [[Click here for more]( --------------------------------------------------------------- FROM THE MAGANOMICS INSTITUTE… [Crypto Ladder of Risk]( One of the biggest similarities between gold and bitcoin is in how they trade… [[Click here for more]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Ultimate Guide to Taking Back Your Privacy]( [image]( [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [image]( [Trading Basics: Two Building Blocks Every Trader MUST Know]( [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](. 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