McDonald’s says it expects to launch a plant-based product line called “McPlant”; Beyond Meat shares drop ~6%

by

More details still to come as per CNBC, but this could be a big blow to Beyond Meat considering they had a lot of growth baked into their share price (which, presumably, included further expansion into fast food chains such as MCD). https://www.cnbc.com/2020/11/09/mcdonalds-to-test-mcplant-which-includes-its-own-meat-free-burger-next-year-beyond-meat-shares-fall.html

Quite a message from Mr. Market!

by

https://twitter.com/yuriymatso/status/1325907677948469248 With rates on the rise, Nasdaq will be bears' new bitch — xTrends (@xtrends) November 9, 2020 https://twitter.com/PuffDragon11/status/1325912725004775424 #recession … #StockMarket #Bubble edition Best possible #coronavaccine news:#NASDAQ $QQQ closes down 1.53%#VIX closes up 2.65% https://t.co/Oanxx3hAs6 — Invariant Perspective (@InvariantPersp1) November 9, 2020

OUCH! After tumultuous day, Beyond Meat shares collapsing in after-hours trading following big earnings miss.

by

OUCH! After tumultuous day, Beyond Meat shares collapsing in after-hours trading following big earnings miss. Beyond Meat says it's feeling "full brunt" of Covid-19. Consumer stockpiling & ongoing slowdowns at restaurants that Beyond supplies drove the lower-than-expected results pic.twitter.com/f7i5180eV7 — Holger Zschaepitz (@Schuldensuehner) November 9, 2020

FED WARNS IT IS RUNNING OUT OF AMMO

by

Fed warns it is running out of ammo pic.twitter.com/HUHv9SeuVk — zerohedge (@zerohedge) November 9, 2020 Momentum stocks with 10-15 sigma move saying you what does it mean 0,25% rate hike and inflation spike. FED from 1Q20 has only increased zombification to such epic levels that we can't handle 0,25 rate hike without momentum to take … Read more

BET Viewers Won’t Believe Their Ears when They Hear what the Founder Said about Trump

by

https://www.youtube.com/watch?v=CQZpqHXTYdE The Political Insider reports, Bob Johnson, the business mogul who is the founder of Black Entertainment Television (BET), just defied the radical left by agreeing that four more years of Donald Trump being in office would be a good thing for black people because they see a “minimal return” when voting for Democrats. Read … Read more

Americas Economy Is Doomed: $27 Trillion National Debt Condemned US Growth For Decades

by

https://www.youtube.com/watch?v=nI_bxQHt73Y America’s economic future is doomed: the alarming labor market crisis and the enormous national debt will compromise the U.S. economic progress for decades. Experts are signaling the effects of the current economic collapse will be seen until 2050 due to reckless monetary policies that have condemned our economy to eternal debt. While investors say … Read more

SPOT ON: Andrew Yang Nails EXACTLY What’s Wrong With the Democratic Party

by

https://www.youtube.com/watch?v=6G-w-_WpOuk Leah Barkoukis from Townhall reports, Former Democratic presidential candidate Andrew Yang zeroed in on a major problem the Democratic Party is having among working class voters. Speaking on a CNN panel Thursday evening, Yang recalled experiences he had on the campaign trail when he would encounter working class Americans and they would ask which … Read more

AOC Snaps at Dem Ex-Senator Who DARED Speak the Truth About the Party’s Big Problem

by

https://www.youtube.com/watch?v=fYEjXZ8KmsQ Joe Saunders from The Western Journal reports, In her two years in the public spotlight, New York’s Rep. Alexandria Ocasio-Cortez has demonstrated a firm determination not to listen to reason when it comes from the right. Read More/Source/Credit/FairUse: https://www.westernjournal.com/ocasio…

Chris Christie Just Turned on Trump but There’s Just one GLARING Problem

by

https://www.youtube.com/watch?v=RNyVyWwzH1M Mike Brest from Washington Examiner reports, Former New Jersey Gov. Chris Christie criticized President Trump for claiming there was widespread voter fraud without showing evidence. The Trump ally argued on ABC News on Thursday night that the president and his associates are doing a disservice to the country as votes are still being counted … Read more