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Known for identifying the housing market bubble in 2005, David Rosenberg is the chief economist and strategist at Rosenberg Research & Associates Rosenberg Research & AssociatesDavid Rosenberg — the founder of Rosenberg Research and famed economist who forewarned about the housing bubble — sees a plethora of red flags springing up within markets. Rosenberg provides a myriad of visuals to bolster his thesis, depicting overtly bullish sentiment and market positioning in conjunction with rich valuations. He also notes that the CAPE ratio — the cyclically adjusted price-to-earnings ratio — is sitting at the same level it was right before 2018's 20% plunge. Click here for more premium stories. For the first time in history, the Dow Jones Industrial Average surpassed the 30,000 mark on Tuesday — and while some cheered the unrivaled rally, others remained cautious about the index's historic feat. "Yesterday was quite epic, not just that President Trump called a press conference about the stock market or that the Dow closed above 30,000 for the first time (he called it "a sacred number"... seriously) but that the Dow Theorists got what they wanted, which is that the transports hit a record the same day the industrials did
LONDON (REUTERS) - Over 1,300 people in Britain were inaccurately informed they were infected with coronavirus after a laboratory error at the government's NHS Test and Trace system, the Department of Health and Social Care told Reuters on Saturday (Nov 28). "NHS Test and Trace has contacted 1,311 individuals who were incorrectly told that the result of Covid-19 tests, taken between Nov 19 and Nov 23, were positive. An issue with a batch of testing chemicals meant their test results were void,"a department spokesman said in an e-mailed statement. "Swift action was taken to notify those affected and they have been asked to take another test, and to continue to self-isolate if they have symptoms." The laboratory error that led to the problem was an"isolated incident" and was being investigated, the statement said. The government has announced an extra £7 billion (S$12.5 billion) for its Covid-19 testing and contact tracing system as part of an expanded programme of mass testing. The NHS Test and Trace system has been heavily criticised after a series of high-profile failures since its launch earlier this year, and ministers concede it has not performed as well as they had hoped.
Jim Curran in Malvern, Pa., lost his job in March and got permission to pause his mortgage payments, freeing up thousands of dollars a month, with no damage to his credit score. Patricia Orndorf in St. Louis Park, Minn., also lost her job in March. Her bank let her temporarily skip her credit-card bill, which had a minimum monthly payment of roughly $100, through July. But interest still piled up, and late fees for August, September and October added to her balance. The federal government helped millions of Americans through the early months of the pandemic by allowing them to defer payments, with little negative effect, on mortgages and student loans, two markets in which it holds huge sway. But the government’s reach doesn’t extend to credit-card lending, auto loans or personal loans, and borrowers with those forms of debt ended up with much less relief.
Our list of all the latest Apple Watch deals for Black Friday & Cyber Monday, including savings on GPS & GPS + Cellular Apple Watch models Here’s a round-up of all the best Apple Watch deals for Black Friday & Cyber Monday 2020, featuring discounts on the Apple Watch 6, 5, 4, 3, and SE smartwatches in 42mm, 38mm, 40mm & 44mm case sizes. Links to the top deals are listed below. Best Apple Watch Deals: Save $330 off on the latest Apple Watch Series 6, SE & more top models at ATT.com - click the link for the latest deals on Apple Watches including Apple Watch SE, Nike SE, Series 6 and Nike Series 6 models Save on the latest Apple Watches at Verizon.com - check the latest deals on Series 3, 4, 5, 6 & SE Apple Watches including buy one get 50% off another Save up to 23% on Apple Watches including the Apple Watch 6, SE, 5, 4 & 3 at Amazon - click the link for live prices on the latest Apple Watch Series 6 & SE and older series 5, 4, and 3 smartwatches Save on Apple Watches with any iPhone purchase at Verizon.com