LEIBOVIT VR NEWSLETTERS – THURSDAY – JANUARY 16, 2025 – BIDEN LEAVES WITH A WAKE OF TRASH – INCONCEIVABLE ACTIONS WITH THE GOAL OF THWARTING TRUMP – AND LIES AND MISDEEDS SURROUNDING HIM. WE HAVE TO FIND THE EVIL DOERS AND SEND THEM TO WHERE THEY BELONG!
Positive Reaction To Inflation Data, Bank Earnings Leads To Rally On Wall Street
Stocks moved sharply higher early in the session on Wednesday and continued to turn in a strong performance throughout the trading day. The major averages all surged after ending Tuesday’s trading narrowly mixed.
The tech-heavy Nasdaq posted a standout gain, soaring 466.84 points or 2.5 percent to 19,511.23 after ending the previous session at its lowest closing level in almost two months.
The Dow also jumped 703.27 points or 1.7 percent to 43,221.55, while the S&P 500 shot up 107.00 points or 1.8 percent to 5,949.91.
The rally on Wall Street reflected a positive reaction to the Labor Department’s closely watched report on consumer price inflation in the month of December.
While the report showed consumer prices rose by slightly more than expected in December, the annual rate of core consumer price growth unexpectedly slowed.
The Labor Department said its consumer price index climbed by 0.4 percent in December after rising by 0.3 percent in November. Economists had expected consumer prices to rise by another 0.3 percent.
The report also said the annual rate of growth by consumer […]
VR CANNA SECTOR UPDATE – WEDNESDAY – JANUARY 15, 2025 – DISASTER IN CALIFORNIA, CLEANING UP THE BIDEN DEBACLE, PRAYING DONALD TRUMP REMAINS SAFE, PRAYING THE DEMOCRATS LEAVE THE COUNTRY
/ TOP THINGS TO KNOW
A Drug Enforcement Administration judge canceled the marijuana rescheduling hearings that were set to begin next week amid an ongoing dispute about whether the agency actually supports the proposal it is supposed to be defending.
Earlier in the day, the Drug Enforcement Administration declined the opportunity to say if it supports the marijuana rescheduling proposal it is supposed to be defending in response to a recent legal filing that claimed the agency improperly conspired with opponents of the reform.
And the Drug Enforcement Administration judge slammed the agency for its “disobedience of an unequivocal directive” on marijuana rescheduling evidence for the now-canceled hearings, saying it is “unprecedented and astonishing.”
Virginia Gov. Glenn Youngkin (R) claimed during his State of the Commonwealth speech that legalizing marijuana sales leads to “significant negative impacts on children and adolescent health and safety” and other harms that “far exceed the perverse benefit of tax revenue.”
The U.S. Department of Agriculture and the Office of the U.S. Trade Representative appointed more hemp industry representatives to a federal trade advisory committee to help bolster efforts to promote U.S.-grown cannabis around the world.
Kentucky lawmakers filed a resolution calling on Congress to let medical cannabis patients possess […]
