Thats what im saying. And i think what were going to see happen, although its so remarkable and im not endorsing his candidacy, is trump is going to ride his way into the white house on a populist wave of anger at our government. And what does the market do if that happens . Goes straight up. You think it goes straight up. Yes, sir. And ill tell you why. He wants to solve the problems that we really have here in terms of straightening out the tax code which i think is a big holdback on these equity markets right now. It doesnt let our companies compete. I think well get a mandate in there, and look, im not endorsing the candidacy here. Im just saying whats going to happen. Well, as an investor you sort of are. Look at it this way. Im going long the anti hillary. Im putting up positions of biotech and phrma, because i think shes going to lose. All right. Im not quite in agreement with kevin. Ive got to disagree. First off, if trump gets elected youve got a real wild card in what has to
Happening. Stocks are moving higher at this hour. It feels like investors are shaking off fears about the debt standoff between europe and greece, but folks, the action is really in oil. Prices plunging again after the International Energy agency warned of more selloffs in the near term. We begin with fears in the bond market. Were talking about, yep, puerto rico, and its debt crisis sending its bonds to record lows. Why does it matter to investors here . Many hedge funds and big Bond Investors have exposure to puerto rico. Kate kelly has more on the fallout. Big legal news the last few days on puerto rico which has been struggling with over 70 billion in debt as well as highend employment and other Economic Issues for some time now. On friday a federal judge blocked the islands efforts to restructure certain debt through a new law known as the recovery act that was passed last summer. The law was intended to help agencies like for example, the purity wroe ricco electric Power Authorit
It is making its appearance on the southern part of the continent. Can netflix continue to grow . They won 80 of revenue to come from outside of the u. S. We will have more in just a bit. But that is what we are watching. In8 a. M. And the u. K. The u. K. Futures are pretty much dead flat. Headline risk is what you have to look at. We have got that independence referendum really going to take the headlines. Markether it is the bond or the stock market, we are going to keep close attention this morning. The ftse 100 seems to be slightly lower at the moment. We are waiting to see how the market continues to react. The are pleading with Investor Base and the voters. This is going to be difficult. The market is cautious. We are seeing growing cost rising for the United Kingdom. Many are thinking if we do see a thursday we could to anrrowing costs lead eightmonth high. Burrowing is going to become higher. A are losing 9 of their economy. Costs going into germany as well. 1 . Lets haveve a l
To buy it. Dow jones industrials up, pretty much highs of the session. The nasdaq up just 1 4 russell up 14 . Ashley bold sliding to the lowest level in four months dropping a one. 3 after a report that the u. S. Economy grew more than expected, gold lining stocks into the red, all posting losses and anglo gold hitting a 52 week low. Liz what looks good . Financial sector, climbing within 1 , citigroup looking Pretty Healthy just under 2 , bank of new york mullen, royal bank of scotland hitting 52 week highs today. Ashley natural gas climbing for the third time in four days after reports show u. S. Supply falling more than expected, natural gas for january delivery ending the day up 1. 3 . Liz that storm over the midwest. You see that thing out side, winnebago, the largest u. S. Motor home maker is getting bigger. Increasing production to mean growing demand, just reported better than expected results and that is why we slept this thing outside our studio. You dont want to know, it is
30.05.2024 - Orosur Mining Inc - Argentina UpdateField work completed prior to winter recess.Mapping and sampling identified large, district scale low-sulphidation epithermal system.Environmental studies for drilling permits submitted, allowing for drilling by . Seite 1