Single year since 2007. But we have taken spending decisions and believe you me, iam proud of them. We are spending hundreds of millions of pounds to lift children out of poverty. Through the scottish Child Payment we are putting £26 a week directly into the hands of low income families for each eligible child, a measure described as the most significant intervention in tackling inequality in europe since the 1980s, that is what youre Snp Government is doing. And labour, the Labour Government is pushing tens of thousands of children in scotland into poverty by keeping the tory, now at the labourer, to child, by sticking to Tory Debt Rules and by extension forcing the whole of the uk to do the same. Labourer appeared to want us to abandon low income families, to abandon children in poverty. Delegates, we are not going to do that. Up lets instead resolved together it to abandon the whole rotten westminster system, that is what we should be abandoning. Applause conference, next week i wi
Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
Where we need them to be, they are lower than the week prior when nearly 28,000 new cases and a Positivity Rate of more than 24 was recorded. 1829tly, younger adults account for most of the positive cases. 20 overall. The cases remain fairly evenly spread against most age groups. We have also seen a decrease in the overall number of iowans hospitalized due to covid19 with the exception of yesterday which was a slight increase. When week ago, on november 17, we reached our peak of inpitalizations at 1527 and the five days that followed, we of asytoday decreases many as 76 patients in one day. Again, while these are positive signs, it is too early to know if they are indicators of a trend. Several National Models are now forecasting the number of new cases and hospitalizations predicted in the United States and i state over the next four weeks. But do predict an increase, of varying degrees. The models make serious assumptions about the levels of mitigation and other mitigation that may
Happening here. We continue with this outperformance from the small caps. We continue with this rotation. Abigail we do, and today is relatively subtle. The outperformance came from energy and financials, which at the end of the day finished higher. Today we are once again seeing movement into the cyclical sectors even though the s p 500 on the surface is basically flat. The nasdaq 100 is lower. You were mentioning the small caps. The russell out another alltime high on the day. You again have investors moving to small caps, value, the cyclical sectors. Theres the financials. Industrials, energy, real estate can materials, all of the sectors in green are the growth and cyclical sectors. On bottom, you have tech and communication services. It is pretty interesting because tech is really being weighed on by apple right now, and they have cut their developer fees by to 15 from 30 . That is a pretty decent chunk of revenue in the past fiscal year, 1 3 of it to those apt of elements. That i
Boost the recovery. Larry summers says the coordinated Global Response is needed. And airbnb books an ipo in new york, aiming to list shares on the nasdaq. Booking through september a total of 18 billion. Although it admits covid19 continues to affect the business. Lets take a look at the asx. More than normal when it comes to the australian soft market after it had the data disruption out. Yesterday was the longest outage in about a decade. Of course, it meant australian traders missed out on the bulk of the days rally. Only trading for a halfhour. We are seeing a pretty modest start, less than 2 10 of 1 higher at the open. Perhaps some caution there could be more technical difficulties. We are seeing gains when it comes to trading in new zealand. Nikkei future setting off on a bad foot as we are seeing some profittaking. It does look like the vaccine driven optimism and the rather we saw overnight will continue, with s p active futures in the positive. Shery we have breaking news at