DHUnplugged #631: Markets Are Scrooged

Crude oil not liking the lockdowns. Entering a new phase of COVID-19…Permanent China closure next? November aiming to be another positive month for stocks as PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? <br /> <br /> <br /> Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up<br /> - Big Tippers No More - Change in  trend<br /> - What is happening to oil prices?<br /> - End of Year CTP working on....<br /> - Charity Sporting Clays this week - Invited to Shoot<br /> - iPhone production snafu<br /> Market Update<br /> - November trying for an up month<br /> - BONDS - Yields Down - Prices Up (November)<br /> - USD Down 4.5% in November<br /> - Gold Silver, perform well<br /> - But CRUDE? You see that? (Same crap today)<br /> - Hong Kong Stocks up 5% Monday Another year coming to an end... SCROOGED? Turkey UPDATE Like the story Scrooge....<br /> - Markets thinking about Ghosts of past (1930's, 1970's?), Present (Easy Fed that pivots), Future (???) Tipping - Deflation<br /> - About 17% of Americans are tipping less due to inflation, while only 10% are tipping more, according to a recent survey of more than 1,000 people by PlayUSA. More than half, or 54%, also said they feel pressure to leave a tip when checking out on an iPad.<br /> - While tipping at full-service restaurants has held steady, averaging 19.6%, according to Toast's most recent restaurant trends report, tips at quick-service restaurants fell slightly from a year ago to 16.8%.<br /> - When it comes to takeout, customers are tipping even less — now down to 14.4%, on average, after it climbed earlier in the pandemic, Toast found. More-Flation<br /> - The average American household is spending $433 more a month to buy the same goods and services it did a year ago, according to a Moody's Analytics analysis of October inflation data.<br /> - Mortgage rates have doubled from a year ago - Each $100,000 costs 3% more annually ($3,000 per $100k or $250 per month) Headline Weekend Through Monday - TECH WARS<br /> - Apple (AAPL) -3% ext