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User Time Action Performed
  • Biden: 2-step plan for recovery - 1st step get assistance to who need it the most - 2nd step will invest in workers and infrastructure

    President-elect Biden:

    - Two-step plan for recovery

    - First step is American Rescue Plan to get assistance to Americans who need it the most

    - Second step "Build Back Better Plan" will invest in workers and infrastructure $SPX $NDX

    — DailyFX Team Live (@DailyFXTeam) January 15, 2021
Added at 7:39pm
  • Tweet

    From @Fxhedgers

    [tweet=1349875795188039682;1610670443]BIDEN'S VACCINATION GOAL IS 100 MILLION SHOTS IN HIS FIRST 100 DAYS IN OFFICE[/tweet]

Added at 7:43pm
  • President-elect Biden:

    - This plan will create economic growth and meet our moral obligations

    - If we do not act now we will see a wave of foreclosures

    - Next week we will take action to extend relief to those facing foreclosures $SPX $NDX

    — DailyFX Team Live (@DailyFXTeam) January 15, 2021
Added at 7:43pm
  • President-elect Biden:

    - Will provide flexible grants to small businesses

    - Focus on Main Street and distribute money equitably and responsibly

    - Aim to increase minimum wage to $15 per hour on national scale

    - No one working less than 40 hours/w should be in poverty

    — DailyFX Team Live (@DailyFXTeam) January 15, 2021
Added at 7:45pm
  • President-elect Biden:

    - It is time to get infrastructure done instead of talking about it

    - Everyone will pay a fair share without punishing anyone

    - We have a moral obligation to act immediately, can't let people go hungry

    — DailyFX Team Live (@DailyFXTeam) January 15, 2021
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  • Post #1
  • Quote
  • Jan 14, 2021 8:04pm Jan 14, 2021 8:04pm
  •  mindscream
  • | Membership Revoked | Joined Apr 2011 | 393 Comments
Yay! 1 million shots a day.
 
 
  • Post #2
  • Quote
  • Jan 14, 2021 8:19pm Jan 14, 2021 8:19pm
  •  Guest
  • | IP XX.XXX.157.228
lets see how close he gets
 
1
  • Post #3
  • Quote
  • Jan 14, 2021 8:29pm Jan 14, 2021 8:29pm
  •  Kabod
  • | Joined May 2019 | Status: Member | 10 Comments
Implication: fall in $???
 
 
  • Post #4
  • Quote
  • Jan 14, 2021 8:43pm Jan 14, 2021 8:43pm
  •  tungcongtu
  • | Joined Dec 2020 | Status: Junior Member | 2 Comments
GOLD UP TO 1950
 
 
  • Post #5
  • Quote
  • Jan 14, 2021 9:19pm Jan 14, 2021 9:19pm
  •  Guest
  • | IP XXX.XXX.118.121
positive for usd
 
 
  • Post #6
  • Quote
  • Jan 14, 2021 11:48pm Jan 14, 2021 11:48pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 892 Comments
Finally, someone with a plan.
2
2
  • Post #7
  • Quote
  • Jan 15, 2021 12:09am Jan 15, 2021 12:09am
  •  iefx
  • | Joined Dec 2020 | Status: Member | 102 Comments
Bye2 Dollar. Stimulus is on the way. Stocks will keep rising to the new high.
 
 
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  • bobfx
  • Post #9
  • Quote
  • Jan 15, 2021 3:18am Jan 15, 2021 3:18am
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2,471 Comments
This guy must hope there's no bubbles coming his way and it's surely on its way.
 
 
  • Post #10
  • Quote
  • Jan 15, 2021 3:22am Jan 15, 2021 3:22am
  •  Hassa9
  • | Joined Dec 2019 | Status: Member | 189 Comments
Dxy up to 96 short term
 
 
  • Post #11
  • Quote
  • Jan 15, 2021 3:36am Jan 15, 2021 3:36am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,196 Comments
Quoting OutThere
Disliked
Finally, someone with a plan.
Ignored
Agree!

Yet there are numbskulls calling Biden to build himself a bunker??????!!!!! To find out who the usual suspect is, do go and read FF "Biden to unveil plan to pump $1.9 trillion into pandemic-hit economy"
1
 
  • Post #12
  • Quote
  • Jan 15, 2021 4:06am Jan 15, 2021 4:06am
  •  LloydOz
  • | Membership Revoked | Joined Oct 2019 | 571 Comments
Quoting Bakker
Disliked
This guy must hope there's no bubbles coming his way and it's surely on its way.
Ignored
Plenty of thought bubbles.

There's always this weird thing about looking back at the first 100 days. Must be seen to be doing something, anything.
 
 
  • Post #13
  • Quote
  • Jan 15, 2021 4:06am Jan 15, 2021 4:06am
  •  tylerbose
  • Joined Oct 2011 | Status: don't trade like i do | 79 Comments
Wouldn't that cause a tsunami of inflation?
 
 
  • Post #14
  • Quote
  • Jan 15, 2021 4:23am Jan 15, 2021 4:23am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 892 Comments
Quoting NotBoris
Disliked
{quote} Agree! Yet there are numbskulls calling Biden to build himself a bunker??????!!!!! To find out who the usual suspect is, do go and read FF "Biden to unveil plan to pump $1.9 trillion into pandemic-hit economy"
Ignored
They're embarrassing themselves. Just ignore the riffraff.
They will eventually get it. https://dnyuz.com/2021/01/15/gop-sen...ction-results/
2
 
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  • fxsport
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  • NotBoris
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  • fxsport
  • Post #18
  • Quote
  • Jan 15, 2021 9:35am Jan 15, 2021 9:35am
  •  TraderTero
  • | Joined Apr 2017 | Status: Member | 1,032 Comments
Quoting NotBoris
Hidden
He spent most of his time playing golf and did nothing for example about infrastructure which has been badly needed to be fixed for several years.
 
2
  • Post #19
  • Quote
  • Jan 15, 2021 9:41am Jan 15, 2021 9:41am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 892 Comments
Quoting fxsport
Hidden
I guess you will have to chill out and wait to see how it goes. He hasn't even started yet. Save some of your energy for the 100 day mark and yoga meantime.
 
1
  • Post #20
  • Quote
  • Jan 15, 2021 9:55am Jan 15, 2021 9:55am
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2,429 Comments
What I would recommend for USA infrastructure is for a national electric charging stations to be built - that way more Americans would purchase electric cars - it's a win-win.
 
 
  • Post #21
  • Quote
  • Jan 15, 2021 9:58am Jan 15, 2021 9:58am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 892 Comments
Fauci says 100 million vaccine doses in Biden's first 100 days is doable
From CNN Health's Jacqueline Howard

Dr. Anthony Fauci said on Friday morning that "it's quite feasible" the United States can achieve President-elect Joe Biden's goal to distribute 100 million doses of Covid-19 vaccine in his first 100 days of office. Fauci is set to serve as Biden's chief medical adviser.

"You still optimistic that we can get 100 million doses in 100 days?" NBC's Craig Melvin asked Fauci during an interview on the "Today" Show.

"I really do think so," Fauci responded.
"We've discussed it with the Biden team, and we think it's quite feasible that we can do that. Right now, even now, we've gone from half a million a day to 750,000 a day. I believe strongly that it's doable — and if we do it, stay on target to get the overwhelming majority of the country vaccinated," said Fauci, director of the National Institute of Allergy and Infectious Diseases.

"If we get about 70% to 85% of the people in the country vaccinated, we likely will get to that umbrella of herd immunity," Fauci said. "We can start approaching some form of normality, but it's really going to be dependent on the uptake of vaccines."
 
 
  • Post #22
  • Quote
  • Jan 15, 2021 10:01am Jan 15, 2021 10:01am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,196 Comments
Quoting fxsport
Hidden
With the horrible mess he is going to inherit, I won't/don't blame him if it would take more than 100days.

Just like in UK - Labour messed up the economy and tory will revive the economy and then voters got Labour in again. But hey that's history, at the moment, UK is being destroyed by the current imbecilic tory party - a nice change huh.
 
 
  • Post #23
  • Quote
  • Jan 15, 2021 10:04am Jan 15, 2021 10:04am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,196 Comments
Quoting fxsport
Disliked
What I would recommend for USA infrastructure is for a national electric charging stations to be built - that way more Americans would purchase electric cars - it's a win-win.
Ignored
Electric cars ain't the future, period. No one has yet talked about how long batteries will have rechargeable cycles for and how long they last before needing a change etc.....it is just another time bomb to explore when people realised electric cars are just but a useless gimmick.

What else do we have.....hydrogen cars that are more prone to blowing up, rubbish tesla that burns on its own yet its owner is ££££.....
 
 
  • Post #24
  • Quote
  • Jan 15, 2021 10:05am Jan 15, 2021 10:05am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,196 Comments
Quoting TraderTero
Disliked
{quote} He spent most of his time playing golf and did nothing for example about infrastructure which has been badly needed to be fixed for several years.
Ignored
Well....maybe digging more holes for his 19th hole shot??
 
 
  • Post #25
  • Quote
  • Jan 15, 2021 12:22pm Jan 15, 2021 12:22pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 478 Comments
Quoting fxsport
Disliked
What I would recommend for USA infrastructure is for a national electric charging stations to be built - that way more Americans would purchase electric cars - it's a win-win.
Ignored
I agree electric cars are the way to go. I was hard though when the administration that is just finishing up gave so many incentives to the oil companies. Just out of curiosity when you say national charging stations are you suggesting state owned? And from a green perspective I think these charging stations should be mandatory clean energy.
 
 
  • Post #26
  • Quote
  • Jan 15, 2021 12:27pm Jan 15, 2021 12:27pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 478 Comments
Quoting NotBoris
Disliked
{quote} Electric cars ain't the future, period. No one has yet talked about how long batteries will have rechargeable cycles for and how long they last before needing a change etc.....it is just another time bomb to explore when people realised electric cars are just but a useless gimmick. What else do we have.....hydrogen cars that are more prone to blowing up, rubbish tesla that burns on its own yet its owner is ££££.....
Ignored
I disagree Not Boris, you point out a few flaws in electric and alternate fuel cars but the fact is they are anecdotal. The fact is the majority of EVs on the road are performing great and the hydrogen technology is constantly improving as is the battery tech. I have seen a lot of gas/diesel vehicles burning on the side of the road in my day so it does happen to them as well.
 
 
  • Post #27
  • Quote
  • Jan 15, 2021 12:47pm Jan 15, 2021 12:47pm
  •  LloydOz
  • | Membership Revoked | Joined Oct 2019 | 571 Comments
Quoting harcos
Disliked
{quote}I think these charging stations should be mandatory clean energy.
Ignored
That's an interesting concept. How would you go about designing the power lines?
 
 
  • Post #28
  • Quote
  • Jan 15, 2021 2:18pm Jan 15, 2021 2:18pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 478 Comments
Quoting LloydOz
Disliked
{quote} That's an interesting concept. How would you go about designing the power lines?
Ignored
The infrastructure is in place for the most part its merely the supply that needs changing. None of this is difficult or even very expensive in the long run its just the resistance to change that pessimists bring to the table.
 
 
  • Post #29
  • Quote
  • Jan 15, 2021 2:23pm Jan 15, 2021 2:23pm
  •  TraderTero
  • | Joined Apr 2017 | Status: Member | 1,032 Comments
Quoting harcos
Disliked
{quote} I disagree Not Boris, you point out a few flaws in electric and alternate fuel cars but the fact is they are anecdotal. The fact is the majority of EVs on the road are performing great and the hydrogen technology is constantly improving as is the battery tech. I have seen a lot of gas/diesel vehicles burning on the side of the road in my day so it does happen to them as well.
Ignored
New battery technology will soon double the driving distance, reduce the battery weight to half and charging time as well. Those batteries are already in use in some electric buses and trucks. Toyota will introduce the first passenger car with the new battery technology next near.
 
1
  • Post #30
  • Quote
  • Jan 15, 2021 3:38pm Jan 15, 2021 3:38pm
  •  fxsport
  • Joined Jul 2007 | Status: Member | 2,429 Comments
Quoting harcos
Disliked
{quote} I agree electric cars are the way to go. I was hard though when the administration that is just finishing up gave so many incentives to the oil companies. Just out of curiosity when you say national charging stations are you suggesting state owned? And from a green perspective I think these charging stations should be mandatory clean energy.
Ignored
I believe that the USA could build an ocean-ocean grid of electrical charging stations by doing the following:

Tax credits and incentives to companies to tear down their old gas stations and replace with electric charging stations. On the nations interstates have the government give each state $50,000 to build electric charging stations at their highway rest areas. In the south have them solar charged.

I recall that Tesla was working on battery storage for homes - these could be used for remote charging stations. Use solar power to charge the batteries and tie them into the national electric grid so that any extra "energy" is stored or placed back into the grid. It's technical but I'm sure it can be scaled with the proper financial incentives.
 
 
  • Post #31
  • Quote
  • Jan 15, 2021 8:38pm Jan 15, 2021 8:38pm
  •  herewardwake
  • | Joined Mar 2020 | Status: Member | 189 Comments
Attached Image (click to enlarge)
Click to Enlarge

Name: Energy_density.svg.png
Size: 150 KB
 
 
  • Post #32
  • Quote
  • Jan 16, 2021 3:21am Jan 16, 2021 3:21am
  •  LloydOz
  • | Membership Revoked | Joined Oct 2019 | 571 Comments
Quoting fxsport
Disliked
{quote} I believe that the USA could build an ocean-ocean grid of electrical charging stations by doing the following: Tax credits and incentives to companies to tear down their old gas stations and replace with electric charging stations. On the nations interstates have the government give each state $50,000 to build electric charging stations at their highway rest areas. .
Ignored
So where will Americans fill up their vehicles with "gas"?

Did I hear some form of government financial incentives for yet another Green scheme? If you want it, you can pay for it.
 
 
  • Post #33
  • Quote
  • Jan 16, 2021 3:31am Jan 16, 2021 3:31am
  •  LloydOz
  • | Membership Revoked | Joined Oct 2019 | 571 Comments
Quoting harcos
Disliked
{quote} The infrastructure is in place for the most part its merely the supply that needs changing. None of this is difficult or even very expensive in the long run its just the resistance to change that pessimists bring to the table.
Ignored
OK, so its not very expensive to change supply. How little would this cost, roughly, while keeping the existing infrastructure (cables, poles, distribution and transmission sub-stations etc)?
 
 
  • Post #34
  • Quote
  • Jan 16, 2021 8:04am Jan 16, 2021 8:04am
  •  gat
  • | Joined Dec 2009 | Status: Member | 966 Comments
Batteries have come a long way thanks to a guy named Goodbetter. Pushing EV's faster than the market wants is expensive though. Let it happen naturally. Crude is the backbone of all energy, especially transport. For electric generation - needed to recharge all those batteries - the best alternative is always there nuclear. Yet no one talks about developing the completely safe thorium.

Biden's help for small businesses is based on racism. Who gets help is dependent on which box the "uniter" divides you into.
 
1
  • Post #35
  • Quote
  • Jan 16, 2021 11:17am Jan 16, 2021 11:17am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1,330 Comments
Quoting TraderTero
Disliked
{quote} New battery technology will soon double the driving distance, reduce the battery weight to half and charging time as well. Those batteries are already in use in some electric buses and trucks. Toyota will introduce the first passenger car with the new battery technology next near.
Ignored
Double the power for half the weight sounds good to me. One can but wait with baited breath...
 
 
  • Post #36
  • Quote
  • Jan 16, 2021 1:06pm Jan 16, 2021 1:06pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 478 Comments
Quoting LloydOz
Disliked
{quote} OK, so its not very expensive to change supply. How little would this cost, roughly, while keeping the existing infrastructure (cables, poles, distribution and transmission sub-stations etc)?
Ignored
The cost would be negative as solar and wind farms run cheaper than over 75% of the coal fired powers in use today it would literally pay for itself.
 
 
  • Post #37
  • Quote
  • Jan 16, 2021 1:14pm Jan 16, 2021 1:14pm
  •  harcos
  • | Joined Mar 2020 | Status: Member | 478 Comments
Quoting gat
Disliked
Batteries have come a long way thanks to a guy named Goodbetter. Pushing EV's faster than the market wants is expensive though. Let it happen naturally. Crude is the backbone of all energy, especially transport. For electric generation - needed to recharge all those batteries - the best alternative is always there nuclear. Yet no one talks about developing the completely safe thorium. Biden's help for small businesses is based on racism. Who gets help is dependent on which box the "uniter" divides you into.
Ignored
Crude being the backbone of transport is a choice, and a poor one at that. The thorium reactors are much safer than conventional nuclear but there is still radiation and waste to deal with not to mention the fear folks have about nuclear reactors. Fusion not fission is the nuclear answer that we need.
 
1
  • Post #38
  • Quote
  • Jan 16, 2021 3:22pm Jan 16, 2021 3:22pm
  •  LloydOz
  • | Membership Revoked | Joined Oct 2019 | 571 Comments
Quoting harcos
Disliked
{quote} The cost would be negative as solar and wind farms run cheaper than over 75% of the coal fired powers in use today it would literally pay for itself.
Ignored
"run" being the operative word, and combinations of this word/concept are popular with folk extolling Green agendas.

That is short-term marginal cost, and is not only meaningless but any discussion of merits based on it is more than misleading. I'm not going to be drawn into a discussion on this forum as it requires robust analysis and correct facts rather than statements of dogma.
 
 
  • Post #39
  • Quote
  • Edited at 5:24am Jan 17, 2021 5:05am | Edited at 5:24am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,949 Comments
Some thoughts on EV rollout.
I suspect the major problems holding back EV takeup is all about batteries. Battery cost,, capacity, weight, lifecycle and flexibility.
The current Electric Motor cost can be dramatically reduced by standardizing V large scale production. Electric motors are inherently much cheaper and cheaper that ICEs, have a much higher power to weight than combustion engines, so a smaller motor can make a car faster than a combustion engine. Rollout of a public network of charge points is short/medium term achievable.

When we look at battery cost and capacity Im reminded of the continuing fall in Solar Cell cost over the last 15 years. I suspect that development time curves we will see with battery cost and performance technology.will be similar to what weve experienced for Solar Cells over the past decade.
As an example efficiencies of perovskite solar cells have increased from 3.8% in 2009 to 25.2% in 2020 in single-junction architectures.
Its ironic that the current race in battery efficiency technology and cost reduction will ultimately make solar and other green energy more efficient that fossil fuels. (EG https://www.bloomberg.com/news/artic...f-in-australia).
#just a thought
 
 
  • Post #40
  • Quote
  • Jan 17, 2021 8:12am Jan 17, 2021 8:12am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,592 Comments
Quoting NotBoris
Disliked
{quote} Electric cars ain't the future, period. No one has yet talked about how long batteries will have rechargeable cycles for and how long they last before needing a change.. ££.....
Ignored
I see you're disgusting liar.

Here's little fact dumboooo.

... Depending on the type of lithium-ion battery, the number of cycles that it can take is between 1,000 and 1,500.... So 5 years you dumpfstick


Battery Life Expectancy
Every battery in an electric car sold in the U.S. comes with a warranty that lasts for a minimum of eight years or up to 100,000 miles, says Carfax....


Dumb liar
 
 
  • Post #41
  • Quote
  • Jan 17, 2021 8:14am Jan 17, 2021 8:14am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,592 Comments
... have an average range of 188 miles. That should mean that over six years, based on the feedback we’ve had from current electric cars owners, you can expect that maximum range to fall to around 173 miles.


So not bad... Even second hand will drive fine...
 
 
  • Post #42
  • Quote
  • Jan 18, 2021 4:49am Jan 18, 2021 4:49am
  •  NotBoris
  • Joined Jul 2019 | Status: Member | 1,196 Comments
Quoting Not-KPMG
Disliked
{quote} I see you're disgusting liar. Here's little fact dumboooo. ... Depending on the type of lithium-ion battery, the number of cycles that it can take is between 1,000 and 1,500.... So 5 years you dumpfstick Battery Life Expectancy Every battery in an electric car sold in the U.S. comes with a warranty that lasts for a minimum of eight years or up to 100,000 miles, says Carfax.... Dumb liar
Ignored
No need for your pointless and needless profanity, I am certainly not offended by such childish acts.

We shall see if car manufacturers actually live up to what they claimed they will do.

In my OP, I stated electric cars are gimmick. Attractive as it might be at the moment, for once rather then typing childish monkey emoji, will you suggest what to do with used and depleted batteries?? It is just another wave of tsunami of wastes coming your way, if your emoji monkeys survives the waste.

There are still a lot of avenues that EV cars have not covered, yes I do agree it is improving but it does not offer a future solution, IMO. Especially when all politicians talks about are CLEAN technology, where EV cars ain't really if you know and understand what lurks beneadth the technology.
 
 
  •  Guest
  • | IP XX.XXX.167.149
Join FF
  • Story Stats
  • Posted: Jan 14, 2021 7:38pm
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 42  /  Views: 11,726
  • Linked event:
    USD President Biden Speaks
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