News for November 14 — Ozempic Weight Loss Use Limited

Ozempic weight loss use limited: https://www.aol.com/news/belgium-bans-ozempic-weight-loss-144959697.html . Belgium took this action due to shortage of the drug.

Low US inflation data lifts stocks: https://finance.yahoo.com/news/stock-market-news-today-stocks-soar-yields-tumble-as-inflation-pressures-ease-in-october-210148068.html . WSJ: More: https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-11-14-2023-e3ba8626 . Still more: https://www.wsj.com/economy/central-banking/what-to-watch-in-the-cpi-report-did-inflation-heat-up-or-cool-down-last-month-5c22f833 .

WSJ: UAW deal vote close at GM: https://www.wsj.com/business/autos/several-gm-factories-reject-uaw-deal-putting-pact-on-shaky-ground-9284adc9 .

Property sector problems weaken China’s economy: https://money.usnews.com/investing/news/articles/2023-11-14/china-factory-output-retail-sales-beat-expectations-in-boost-to-economic-recovery . WSJ: More: https://www.wsj.com/economy/why-xi-can-no-longer-brag-about-the-chinese-economy-3397e6f4 .

House passes Speaker’s shutdown delay plan with Democratic votes: https://www.cbsnews.com/news/2023-government-shutdown-house-vote-today/ . Again, Johnson is trying to defang the Freedom Caucus. We will see … WSJ: More: https://www.wsj.com/politics/speaker-mike-johnson-faces-big-test-in-averting-government-shutdown-41138170 .

Israeli troops enter Gaza’s largest hospital in search for Hamas: https://apnews.com/article/israel-hamas-war-news-11-15-2023-b85e828db648f5f911278fa217e827e7 . In short, Israel is doing everything it can think of to annihilate Hamas. WSJ: More: https://www.wsj.com/world/middle-east/israel-hamas-gaza-hospital-al-shifa-bd5cde36 .

Orange Julius’ Truth Social circles the drain: https://www.aol.com/news/trump-truth-social-warns-company-075644886.html . You don’t need an accountant to tell you that $23 million in expenses against $2.3 million in revenues does not fly. Truth Social, which is antisocial and false, will join OJ Steaks, OJ’s casinos, OJ’s New Jersey Generals, and all of OJ’s other scams in bankruptcy. Fools who listened to him will again pay the price. It’s past time for Judge Engoron to wrap up the New York fraud trial, end OJ’s licenses to do business in New York, and hold OJ accountable for his moral and intellectual bankruptcy.

Oregon in college football playoffs?: https://www.aol.com/college-football-bowl-projections-chaos-113547446.html . Essentially, the prediction is that Oregon will beat Washington in the rematch, and Michigan will beat Ohio State. This leaves No. 1 Georgia to play No. 4 Oregon and No. 2 Michigan to play No. 3 Florida State. Of course, they do play the games for a reason. For this to happen, Oregon also has to beat No. 9 Oregon State in the last Civil War, hardly a certainty.

The two remaining Pac-12 schools, Oregon State and Washington State, control the votes in the Pac-12: https://apnews.com/article/conference-realignment-pac12-c4c791dc1f54d0786e51730a2b90c6f3 . Why is this important? The Pac-12 may control $400 million in assets.