Demand under continued pandemic pressure s p global has reportedly put 44 billion on the table to buy londonbased ihs markets and tie up the data giants and mark the largest deal of the year shares jump after the german chip maker confirms advance take over talks with taiwans globwas it could create a leader in the Global Semiconductor space well, good morning, everybody. Welcome to street signs and happy monday it is the start of a new trading week, a week of new possibilities. But before we get into the show, i just want to take you to our main story thats hit overnight, and that is to do with china so, beijing has said that it hopes the u. S. Will not build barriers to cooperation. That was in response to a report that the Trump Administration is preparing to blacklist top chinese chip maker smic and oil major chinook. Washington will restrict access to customers by adding two companies to its list of firms owned or controlled by the Chinese Military according to reuters. Cnooc said
This second half rally continue . Then a stimulus stalemate the latest from washington as both pelosi and mnuchin talk covid relief. And later its been one of the biggest winners of the pandemic, why peloton is getting a new street high price target over at jpmorgan its actually not a bad place to start right there, guys, because for the second day in a row, david, we have had some analysts raising targets even on names that they maintain at neutral, today its b of a which yesterday kept apple at a neutral, they upped their target acknowledging moment tim today they do the same thing with tesla, this Equity Funding will fulfill growth and their price objective goes to 500 plus yeah. Listen, every day brings more things that for me are reminiscent of the late 90s its hard to avoid it. I made some comparisons yesterday, many High Quality Companies of course are getting the fuel this time as opposed to what was a broader spectrum of companies perhaps at much higher multiples, many of whic
Good morning, everyone. Tom keene here. Thrilled to be with you, honored to be with you with your coverage of 10 downing street. How will the Prime Minister celebrate this important day . Are all going to be listening to another Prime Minister about 3 00 u. K. Time, tom. You quoted him talking about winston churchill. We will get a broadcast of what he said at that time 75 years ago. Interesting the parallels between then and now. Of course, limited as they are, certainly a very difficult time to be celebrating 75 years since given we are not able to go out onto the street and celebrate. Tom just extraordinary week that it has been. On this friday, of course, all focused on the depth of the jobs report that we will see at 8 30. That was adjusted over the last two days with a difficult adp report on wednesday and a really challenging and grim weekly jobless claims report. Right now with our first word news in new york city. The top trade negotiators for the u. S. And china have agreed t
Of a total breakdown. And technical glitches marred the launch of disneys new streaming service. To breakingirst, news from south korea. The jobless rate coming in at 3. 5 . This is in line with estimates but slightly higher than the previous month. Add 419 thousand jobs in october, more than they did in september, which was already quite a strong job scheme number. Pe number. That is helping to offset some losses,anufacturing job not to mention declines in retail employment. In south korea they have been really supported by fiscal policy. In budget is helping growth the public sector. Right now, the jobless rate coming in at 3. 5 for the month of october. Lets see how we are doing in the markets in asia. Overnight,d messages hearing from President Trump in new york, threatening the possibility of more tariffs if phase one trade deal doesnt get done. Hasydney, as that market just come online, new zealand,. Rading is underway with Fourth Quarter Inflation Expectations, it plummeted off
Conspiracy theories most of these right wing extremist parties were built on very strong conspiracy theories about george soros about jewish institutions about joint influences about liberal. Liberal governments conspiring against the people and now you can see how slowly and slowly these kind of ideas and these kind of theories are getting expressed also by their leaders such as. Poland or in hungary and we know that in times of turmoil in tight in difficult times in times of instability where people lose the sense of control over politics these conspiracy theorists organize their knowledge they are helpful in restoring the sense of security and certainty and maybe this is why these ideas that are created on the extreme far right became so prevalent today in politics also in the mainstream politics i want to ask you as well to what extent has the internet. Played a role in all of this in particular social media in fueling the rise of these groups i mean one former white supremacist de