Why it matters so much the big difference between trump and biden socialists i think it is the end of the viciousness and the embarrassment and the anger. Trump hate them or like them hes the most polarized candidate i can remember once the race is finally over, there is some tensions dialled back regardless of who wins. In other words, maybe america can finally chill out starting tomorrow or at least this week second, there is a new found and naive consensus that our democracy is stronger than partisan would that be something . We have an orderly transfer of power if joe biden wins. A lot believe that biden will win decisively and go to bed before midnight. I have said it over and over again since 2016, you have to base your Investment Decisions on the hands that you are given, not the president ial election. Last week we got hit with a 5 decline including the ones just reported of fantastic quarter. The analysts dont want to hear about big covid cost we hear more of potential regulat
For a september quarter. There are also concerns about the ant ipo fallout. And america awaits the outcome of the president ial election, seven states now holding the keys to the white house. Wisconsin heads to a recount and others face challenges in court. Foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. We are up. 2 when it comes to sydney, the in aussie dollar and commoditieslinked currencies it particularly well. We have the u. S. Dollar fall to its lowest in two years. The nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. Also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volatility in ch
Hit a record of 23. 5 thousand. Europe heads closer to lockdown. Your money and france imposed strict monthlong measures to curb the virus spread. Can it spur an immediate dose of support from the ecb . Earnings keep coming. We speak to the top executives of credit sees Credit Suisse and many more. Your destination to understand the outlook and numbers. Net incomese with a dropping by 38 . 536 million swiss francs. The pencil that number was 597. That is a mess. Plans for a 2021 Share Buyback program producing 1. 5 billion swiss for that. Thats a similar trend that we saw ubs deliver last week. The provisions. This is incredibly important. The Loan Loss Provisions come in at under 100 million swiss franc. The estimate was 243. A very reminiscent story from Credit Suisse except that their net income is down 40 as opposed to the best ever across product lines at ubs. Promotes brady and masters to nonexecutive positions. They appropriate to share pay shareholders. What do the numbers mean
U. S. Secretary of state warns in sri lanka about chinese influence branding paging a predator china accuses us of bullying smaller nations. And its for the long wait for world series success is over for the l. A. Dodgers a 31. 00 victory over the Tampa Bay Rays securing their 1st championship win since 1980. 7 turkish president recip type is threatening legal action against a french magazine for publishing a cartoon that mocks him on the front page of its latest edition or 2 and has criticised the satirical weekly challis of dont call it a disgusting effort to spread racism and hatred. For once again a lot of our little for france and europe in general do not deserve the vicious provocative ugly hateful policies of mccrum and those who share the same mentality we invite prudent europeans to take initiative against this dangerous trend in order to have a Bright Future for them and their children we ask those who use anti muslim and turkish hostility to cover up their failures in their
Points the nasdaq dipped only. 1 some of these patterns are so pronounced algorithm buying all sorts of stocks i have never been a huge fan of these algorithm. There are plenty of patterns that are visible to the inconsistent eyes. On most days you can spot them before the machines do when you see them, you have to pounce let me give you some examples. Lets start with apple for years you can speak along with me. I am telling you to own it, dont trade it today was a perfect example of what i am talking about. This is a fantastic company and cheap stock. There is no need to get cute there are some days you can buy apple at a lower level days like today, apple unveiled their new iphone the experts described it and they used the most damming words in the english language, incremental. That makes it sounds like nothing special. Thats what they says about nearly every new iphone for years. What happens when theyre in the stores and people buy them i got the special apple. I got to tell you.