beijing, which is hosting the chinese communist party congress, have been placed under covid lockdown. some areas have been cordoned off following a slight increase in infections. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are sonia sodha, who s the chief leader writer for the observer, and gerri scott, who s a political reporter at the times. tomorrow s front pages, starting with. the economist nods to italy s turbulent politics, likening it to the chaos of westminster. it features liz truss dressed as a centurion, holding a pizza shaped shield, with a union jack design and one slice eaten. liz truss goes down in history as britain s shortest serving prime minister; a photo of her outside downing street announcing her departure makes the front of the ft. straight to the point on the front of the mirror. it says the british public want their day at the ballot box. the telegraph is reporting that borisjohnson is privately urgin
Posttrump rally has only been subject to the most mild of profit taking and remains as improbable as the election outcome itself. In the old pretrump days it was almost inconceivable to have stocks go up with the averages were down. The futures just overpowered everything. Now we have situations like today where the banks trade higher again as Interest Rates go up and the certainty of a federate hike grows ever more. Well, certain . Thats fabulous for the earnings. We get a quarter from applied materials, the Semiconductor Equipment maker, and when it says the chip makers are ordering equipment again, it takes up a host of them. But when every one of amats competitors, the stocks all go up. Will this year of good feeling continue . Lets check out our game plan. Right now politics can outrun any earnings and if we come in monday and donald trump has named mitt romney secretary of state, i believe youll get a rally in the stock market based on the idea that trump may be more savvy about
Almost inconceivable to have stocks go up with the averages were down. The futures just overpowered everything. Now we have situations like today where the banks trade higher again as Interest Rates go up and the certainty of a federate hike grows ever more. Well, certain . Thats fabulous for the earnings. We get a quarter from applied materials, the Semiconductor Equipment maker, and when it says the chip makers are ordering equipment again, it takes up a host of them. But when every one of amats competitors, the stocks all go up. Continue . Lets check out our game plan. Right now politics can outrun any earnings, and if we come in monday and donald trump has named mitt romney secretary of state, i believe youll get a rally in the stock market based on the idea that trump may be more savvy about foreign policy. Why do i say this . I heard it from Money Managers and floor traders. Something to think about. Trump may not be the most diplomatic guy on earth, but Money Managers would cert
Were down. The futures just overpowered everything. Now we have situations like today where the banks trade higher again as Interest Rates go up and the certainty of a federate hike grows ever more. Well, certain . Thats fabulous for the earnings. We get a quarter from applied materials, the Semiconductor Equipment maker, and when it says the chip makers are ordering equipment again, it takes up a host of them. But when every one of amats competitors, the stocks all go up. Will this year of good feeling continue . Right now politics can outrun any earnings, and if we come in monday and donald trump has named mitt romney secretary of state, i believe youll get a rally in the stock market based on the idea that trump may be more savvy about foreign policy. Why do i say this . I heard it from Money Managers and floor traders. Something to think about. Trump may not be the most diplomatic guy on earth, but theres no reason he cant hire be appeased, and of course the name brand wall street
Approach tactfully for a giant looks to expand its pharma lineup. Trimming its second weekly game as opec focuses negotiated terms on iran and russia after iraqs signals they will agree to a production cuts. The next meeting is november 30 and that is what you need to know at this hour. Jonathan the ecb is facing the decision to extend a 1. 8 chilean dollars dennis program. 1. 8 chilean dollars stimulus 1. 8 trillion stimulus program. We were in athens earlier to weigh in on the subject. Bond yields and bond prices have changed. We are entering perhaps a new. Ra the numbers show that our policy works. Inflation is on the rise as i said before. We look at this data on the eighth of december and we will decide. Of course, Monetary Policy will continue to be accommodating until inflation arrives at a level of 2 or slightly lower. Still a Long Distance from these targets. Far too early to be talking about the tapering word. It is far too early, exactly. One thing we have seen as a result o