Economy
Hedge Funds Short Selling Focus of DOJ Probe
The U.S. Justice Department has launched an expansive criminal investigation into short selling by hedge funds and research firms — thrilling legions of small investors and other skeptics of the tactics that investigative firms use to bet on stock declines.
Holiday-shortened Week, Inflation Data: What to Know
Investors will closely monitor reports in a packed economic release schedule this week leading up to the long holiday weekend in the U.S.
Energy
European Energy Prices Are Soaring as Freezing Weather Hits
“The upheaval in Europe is giving us a preview of the economic fiasco caused by underinvesting in reliable and secure fossil fuels. For Democrats, Europe is a model. For the rest of us, it should be a warning.”
2021 Polar Vortex: What Really Happened and Why the Grid is Still Reliable
In the grip of the “Polar Vortex,” much of the nation experienced an extremely cold winter. The good news is that despite record electricity demand and some of the coldest weather in 20 years, power companies and grid operators kept the lights and heat on.
Health
Hospitals Strained Even Before Omicron Hits
Many hospitals have few beds available to handle an influx of Omicron-driven cases, because their intensive-care units are flooded with patients needing urgent care for serious conditions such as heart disease and cancer as well as the Delta variant.
New Zealand Links 26-Year Old’s Death to Pfizer Vaccine
New Zealand’s COVID-19 safety monitoring board said in a statement Monday that, based on current information available, the death of a 26-year-old man with myocarditis was likely due to the Pfizer COVID-19 vaccine, according to reports.
Where I Live, No One Cares About COVID
Outside the world inhabited by the professional classes in a handful of major metropolitan areas, many Americans are leading their lives as if COVID is over.
Leaked Information Shows Huge Hospital Bill Markups in California
But to see price hikes of as much as 675% being imposed in real time, automatically, by a hospital’s computer system still takes your breath away.
The post Daily Digest 12/21 – Hedge Funds Face DOJ Probe; EU Energy Prices Soar; NZ Links Vaccine to Death; Many Hospitals Strained Before Omicron Strikes appeared first on Peak Prosperity.
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