SWC’s Fast Five
So many words and few of them equal to what has occurred this week. We’re sticking to our schedule but we don’t have any better idea of what to say about it than you do.
So, here’s this week’s Fast Five:
1 Do we really need to post anything about our government this week?
Haven’t you heard, read, seen or spoken your truth about it enough? Well, fine. Coup, insurrection, sedition. Those terms are getting thrown around a lot. Do you know the difference? Fast Five bets maybe not.
2 So, this is what the stock market thinks about the shift in political power
The stock market is not emotionally invested in the adjective-defying Washington scene. It instead has reached a new record high and has its heart set on the next pretty.
3 And mortgage rates
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan slipped to 2.65 percent from 2.67 percent from last week. By contrast, the rate stood at 3.64 percent a year ago.
4 And the coronavirus, a honey badger if there ever was one
There were a record 3,865 new deaths from COVID-19 registered in the United States on Wednesday, marking the deadliest day since the start of the pandemic, according to a real-time count kept by Johns Hopkins University.
5 And democracy
Vice President Mike Pence announced just after 3:40 a.m. Thursday that President-elect Joe Biden had won the presidency after Congress completed the counting of the Electoral College votes.