Value shares beat their growth counterparts by more than 3 percentage points over the Aug. 22 to Sept. 8 period, when the chances of a vaccine available by the first quarter of 2021 jumped to about 70% from around 40%, Goldman strategists led by David Kostin wrote in a note Friday. Cyclical shares underperformed defensive ones, they said.
-- Joanna Ossinger, Bloomberg
The minivan’s place in history is far loftier than it’s humble existence today. It was one of Chrysler’s most successful product debuts and helped save the automaker from total ruin in the 1980s. The unveiling of the first Chrysler minivans in 1984 is still considered a landmark moment in the history of the automotive industry.
-- Robert Ferris, CNBC
Though Florida’s Department of Business and Professional Regulations rescinded an emergency order shutting bars statewide in response to the pandemic, Broward County officials refuse to let the establishments reopen.
-- Megan O'Matz, Sun Sentinel
In 2000, Broward County was at the forefront of the Bush - Gore election recount fiasco that eventually ended-up in the Supreme Court. In the 2016 Trump - Clinton election, Broward County swung heavily for Clinton, who received 66.5% of the vote in the county - Scrib
The DOJ said that workers "helped reinstate products and merchant accounts that Amazon had suspended or blocked entirely from doing business on the Amazon Marketplace" and that "the fraudulently reinstated products included dietary supplements that had been suspended because of customer-safety complaints, household electronics that had been flagged as flammable, consumer goods that had been flagged for intellectual-property violations..."
-- Jon Brodkin, Ars Technica
U.S. coronavirus map: What do the trends mean for you?
-- Mayo Clinic
As an environmental historian who studies the forests of the Pacific Coast, I don’t see this as an either/or choice. In my view, climate change and forest management practices both have contributed to today’s fire conditions, and reducing wildfire risks requires addressing both issues.
-- Steven Beda, The Conversation
The banner photograph on this page is 15 miles from my house -- Scrib
My conclusion: the Fed did exactly what it wanted to do here - buying just enough on the open market to convince the street that they would be the buyer of first and last resort, and bringing investors along for the ride.
-- Dave Nadig, Equity ETF Channel
Yuengling is the sixth-largest brewery in the U.S., and its beers are currently available in 22 states. Molson is grappling with a yearslong decline of its core light lager brands, and both brewers have weathered a drop in sales this year from pandemic-related closures of restaurants, bars and other venues.
-- Jennifer Maloney, WSJ
The Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates said the preliminary estimate for August showed 2.06 million loaded containers, measured in twenty-foot-equivalent units, hit U.S. shores last month, which would be the most in any month since the report was first published in 2002.
-- Jennifer Smith, WSJ