GOP Rep. Ridiculed Over COVID-19 Vaccine Picture That ‘Makes No Logical Sense’

Rep. Chip Roy (R-Texas) was accused of being irresponsible on Wednesday with his condemnation of President Joe Biden’s door-to-door COVID-19 vaccination plan.

Roy reacted to the Biden White House’s latest push to end the coronavirus pandemic — amid a recent decline in vaccination rates and the spread of the more transmissible delta variant— with this reworked version of the Texas “come and take it” flag:

Roy also railed against the door-to-door idea in another tweet, writing that “door-to-door by feds only really contemplated in Constitution for the census… and to protect our rights, eg 3rd & 4th amendments.”

The Texas Republican wasn’t the only conservative angered by the idea.

Roy has previously downplayed the risk of contracting the coronavirus, declined to self-quarantine and last month appeared to violate federal law by not wearing a mask on a commercial flight.  

Critics suggested he was being feckless with his post.

Some just thought the image was of a marinade injector:

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Gold Extends Gains As Yields Extend Fall

Gold gained for a seventh day on Thursday and the dollar index was little changed as U.S. bond yields continued to sink on worries over slowing growth.

Spot gold rose 0.6 percent to $1,814.97 per ounce, while U.S. gold futures were up 0.7 percent at $1,816.10.

Rates on 10-year Treasuries fell to their lowest since February and equities slumped as new variants of COVID-19 continued to spread rapidly across the world.

Australia’s Sydney has recorded its highest daily rise in COVID-19 cases in months, despite being nearly two weeks into a lockdown.

South Korea has reported its biggest daily jump in coronavirus cases since the start of the pandemic, while Indonesia reported record deaths.

Elsewhere, a shift to some kind of policy easing in China raised worries about softening growth momentum in the rest of this year.

Gold gained for a seventh day as U.S. bond yields continued to sink and investors mulled Federal Reserve minutes that showed policy makers wanted a more solid economic recovery before setting a timeline for tapering.

The minutes from the Fed’s June meeting released overnight also provided some support to gold.

Notes from the Fed’s June meeting indicated officials weren’t ready to communicate a timeline for slowing stimulus, given uncertainties around the economic outlook.

Malaysia reports 135 COVID-19 deaths, a new daily record

KUALA LUMPUR (Reuters) – Malaysia on Thursday reported 135 new coronavirus deaths, the highest number of daily fatalities since the pandemic began.

The health ministry also reported 8,868 new COVID-19 infections, bringing the total number of cases in the country to 808,658.

Oil Extends Losses For Third Day On Recovery Concerns

Oil prices fell for a third straight session on Thursday as concerns about the pace of economic recovery from the COVID-19 pandemic and its impact on inflation and central bank policymaking spurred bouts of sharp volatility and risk aversion in financial markets.

Uncertainty over supply after the collapse this week of talks among major producers also weighed on the commodity.

Brent crude oil futures for September delivery dropped 0.8 percent to $72.81 a barrel, while U.S. West Texas Intermediate futures for August settlement were down 1.1 percent at $71.41.

Losses were capped somewhat after industry data showed a large drop in oil inventories in the United States.

Growth worries resurfaced as a shift to some kind of policy easing in China raised worries about softening growth momentum in the rest of this year.

Inflationary concerns also weighed after the minutes from the Fed’s June meeting showed the U.S. central bank has been caught off guard by the recent rise in inflation.

Meanwhile, with the non-agreement on output policy, the supply side of the oil equation has been thrown into chaos.

The biggest fear for investors is that a lack of new supply agreement could prompt major oil producers to significantly step up production much faster. Such a scenario would unleash a new level of volatility in oil markets.

OPEC+ has restrained supply for more than a year since demand crashed during the coronavirus pandemic.

As uncertainty lingers, Russia is trying to mediate between Saudi Arabia and the UAE to help strike a deal, media reported quoted OPEC+ sources as saying.

Nielsen Acquires TVTY For Undisclosed Terms – Quick Facts

Data and analytics company Nielsen Holdings plc (NLSN) announced Thursday that it has acquired TVTY, a leading TV attribution provider and ad monitoring company based in Paris, France. Financial terms of the deal were not disclosed.

The acquisition strengthens Nielsen’s market leading position in TV attribution and Ad intelligence. TVTY brings a wide range of outcomes capabilities that improve TV campaign execution.

TVTY’s solutions enable advertisers and agencies to seamlessly optimize their spend based on the outcomes most important to their business. TVTY will complement and expand Nielsen’s TV Attribution and Ad Intel services.

The acquisition of TVTY aligns to Nielsen’s strategy to deliver cross-media outcomes as a complement to audience measurement. TVTY bolsters Nielsen’s ability to size an audience with analytics.