Tag: reopening

Gov. Gavin Newsom marks California’s reopening with a lottery, a Hollywood robot and no mask.

With crowds at the Disneyland entrance, traffic jams on the Los Angeles freeways and triple-digit heat from Sacramento to the San Fernando Valley, California’s governor celebrated the reopening of the state’s economy on Tuesday, raffling off 10 prizes of $1.5 million each to people who had been vaccinated against Covid-19. “We are here today, June

‘Shocking’ inflation will end, hurt reopening stocks: David Rosenberg

Economist David Rosenberg believes the bond market is getting inflation right and yields shouldn’t trade at higher levels. His reasoning: Inflation as a temporary phenomenon caused by enormous pent-up demand and supply chain issues connected to the coronavirus pandemic. “The numbers have been shocking to the upside, no doubt about it. But it’s pretty easily