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" ... "There was some positive momentum coming from Asia and Europe Tuesday morning, but that quickly petered out on Wall Street. Last year ended on such a high that I wonder whether we’re just seeing some profit-taking in an uncomfortable period for the global economy," says Craig Erlam, a senior market analyst at Oanda, noting that Covid is once again forcing countries to impose harsher restrictions (including the U.K., on Monday night) and that massive uncertainty remains over the Senate runoff elections. If Democrats pull off an unexpected two victories, investors are expecting heightened regulation and higher taxes for corporations. ... "
" ... Alas, that damn volatility means that, once the bad times are past, gold will drop like the heavy rock it is. After the sovereign debt crisis petered out in the last decade, gold lost more than 40% of its value, and sank to a low point of $1,060 in late 2015. ... "
" ... Fighting petered off a week later, by which time twelve Azerbaijanis were killed, including a Major General and a 76-year-old civilian. The Armenian side lost five dead and one mortally wounded soldier. ... "
" ... McCarty: We just petered out. We were so tired, on the road for three years, playing every night. We lost all the creativity in the band. It wasn't quite the same with the four-piece lineup [Keith Relf, Chris Dreja, Jim McCarty, Jimmy Page]. Keith and I decided to leave to do something totally different, which we did with Renaissance. But there was already a tour booked with Vanilla Fudge. So Jimmy [Page] went and did it with Robert Plant, John Bonham and John Paul Jones. They called it The New Yardbirds for the first tour. Chris Dreja got shunted out in favor of John Paul Jones. But Chris had rights to the name. He stopped them from using The New Yardbirds, sent them a lawyer's letter or something. So legally they couldn't carry on with it. They changed it to [Led] Zeppelin. ... "
" ... “Italy has petered on that edge before so it remains a major headache to the EU to make sure it doesn’t default,” he said. ... "