The director of the Centers for Disease Control and Prevention said Sunday that it’s too soon to ease mask mandates and social-distancing rules, and warned the more contagious strain of COVID-19 first identified in the U.K. could be the dominant U.S. strain by the end of March. In an interview …
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Getty Images Looking forward to finally turning the page on 2020 and optimistically embracing a reversal of fortune in the new year? Not so fast, according to the United Nations. “ ‘2021 is literally going to be catastrophic based on what we’re seeing at this stage of the game’ ” …
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A trio of promising coronavirus vaccine candidates has raised hopes that America appears poised to finally turn the corner in the pandemic. But the head of the Centers for Disease Control and Prevention cautions that there’s still a cold, hard winter ahead. “ “December and January and February are going …
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Getty Images “ ‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’ ” That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that …
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MARKETWATCH FRONT PAGE Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview. See full story. Is COVID testing free? Where can I get a rapid test? Your complete guide to coronavirus …
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Getty Images “ ‘A number of countries have done a much better job of dealing with the virus without inflating their budget deficits and printing money.’ ” That’s Bob Prince, co-chief investment officer of the world’s largest hedge fund at Bridgewater Associates, explaining to Bloomberg in a recent interview why …
Read More » Everett Collection “ ‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flourish. This highlights the importance of being well diversified in asset classes — including Treasury securities, which are …
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The view from a Brooklyn neighborhood on Tuesday. The UBS report gave a mixed picture for New York City real estate. Getty Images The coronavirus pandemic may have triggered the worst global downturn in more than 60 years, but home prices in the world’s biggest cities still have shot higher …
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It probably won’t take a great deal of persuasion to convince investors that there’s an “age of disorder.” That’s the title of a new Deutsche Bank research note, which says the world is entering its sixth distinct era of modern times. So say goodbye to the “era of globalization” and …
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