Wednesday 23 September 2020

At The UN, The Punch And Judy Show.

Baltic Dry Index. 1364 +50  Brent Crude 41.42

Spot Gold 1889

Coronavirus Cases 23/9/20 World 31,690,126

Deaths 975,978 

Today’s [Sep, 22,] equinox signals the change of season, from summer to fall in the Northern Hemisphere and in the Southern Hemisphere from winter to spring. But why do Earth’s seasons change?

----Our seasons change due to our planet’s angle of tilt – 23.5 degrees – relative to our orbit around the sun. If Earth did not tilt at all, but instead orbited exactly upright with respect to our orbit around the sun, there would be minor variations in temperature throughout each year as Earth moved slightly closer to the sun and then slightly farther away. And there would be temperature differences from Earth’s equatorial region to the poles. But, without Earth’s tilt, we’d lack Earth’s wonderful seasonal changes and our association of them with the various times of year – associating a fresh feeling in the air with springtime, for example. 

https://earthsky.org/earth/can-you-explain-why-earth-has-four-seasons?utm_source=EarthSky+News&utm_campaign=96291228b7-EMAIL_CAMPAIGN_2018_02_02_COPY_01&utm_medium=email&utm_term=0_c643945d79-96291228b7-394244537

Happy Equinox, even if most people probably thought it was on the 21st, (it often is.) Autumn arrives in the northern hemisphere.

 

In the stock casinos, an attempt at nervous bottom fishing. I suspect it’s far to early for bottom fishing. 

Back in the real world, the Fed desperately pleaded for more relief aid packages from the Congress to save a stall speed US economy.

Presidents Trump and Xi played Punch and Judy via video link at the UN. From London, President Trump looked like a natural in the role of Punch. President Xi looked uncomfortable in the role of Judy. 

While a desperate President Trump frantically played to his core domestic voter audience, President Xi attempted to play global statesman, oblivious to recent events in Hong Kong.

President Putin just seemed to be enjoying the show. 

Below, stock casinos flying on fumes.

Asian stocks inching lower after intraday rebound lifts U.S. equity markets

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