The start of the league. Premier and the announcement of the new program of premier league teams took advantage of the opportunity created today to play in preparatory matches. Persepolis and nasaji faced each other at Shahid Kazemi stadium in tehran, and this match ended in a twotwo draw. Ali nemati and Shahab Zahedi for persepolis and saeed and Mohammad Reza azadi for nasaji scored a goal in this match between tractor tabriz and mes rafsanjan in pass qavamin stadium in tehran, tabrizs 21 was superior, and majid nasiri, the player for tractor , scored a goal in this match and left the touches. Khuzestan ended in a 222 draw with saipa in the league, and esteghlal team defeated pikan in a preparatory match today with a goal. The former defender of sepidroud in melvan elham javadi, the central defender of last season, chukai talesh, joined melvan bandar anzali. Javadi, 22 years old, playing in sepidroud rasht and in the record the first foreign purchase of nasaji alabbas abdul nabi, a pl
Stuart good morning, everyone before we go anywhere let me tell you about nvidia it started out this monday to the upside again. Not quite the Huge Movement that were used to but the giant a. I. Chipmaker is close to 800 a share and evaluation of 2 trillion thats how we start the monday morning, little change the dow industrial will be up a little 13 points and nasdaq out maybe 22point Interest Rates the ten year treasury right around four and a quarter percent, 424. The twoyear is well above 460 right now for 69. Bitcoin trying to hold onto the 50000 level its 512 as of now. Hardly any change for enterprises, gas 3. 26 thats average for regular 4. 7 on diesel. That gas way down close to a twoyear low, 172. Politics, Ronna Mcdaniel will walk away from her job as chair as a Republican National committee she lost the support of donald trump, the former president said he lead a united unified Republican Party he won the South Carolina primary by 20 points over nikki haley but the wall str
The bondholders and stockholders were wiped out in yesterdays season sale to jpmorgan. The market is essentially reevaluating the Downside Risk in the event another Regional Bank sees the same fate. There was a highlight of the big Bank Balance Sheet to acquire the failed bank out of receivership due to cost concerns in a world of consolidation, though, this calls in regionals ability to compete the timing is kind of unfortunate, too, coming off the heels of better than expected q1 earnings last week but right ahead of tomorrows fed meeting and amid the debt ceiling debacle. In a goldman note to clients, the firm notes the selloff was driven largely by hedge funds, specifically short pressure. The firm notes the lack of relief rally yesterday when jpmorgan First Republic news was announced sent a bearish signal to the market, guys. You mentioned one thing, and that is the level of uninsured deposits that some of these Regional Banks have. Why is that such a sore point . Are investors w
Two areas of tech doing two distinctly different things. Youre getting buying on the dips in mega cap and selling in the more growthy, high beta type ecommerce names, roblox, shopify, palantir, airbnb, match, uber. All of those are down reasonably significantly, certainly at the top of the list since they reported earnings. All of those mega cap stocks are up week to date. Ask yourself the question, whats the difference between the growthy mid and Large Cap Technology names you just cited and the mega caps, besides the size, whats the main difference to me, the main difference is the mega caps represent stability, represent reliability, and have the ability to cut costs and get their way to better and better earnings each quarter. You cannot say the same, unfortunately, for roblox and shopify. Thats a different driver of those stocks, thats the major difference that gives you the answer to the riddle shopify is fine but the outlook isnt as good as people thought it would be. Airbnb is
The table. Today the feds governor, Michelle Bauman says the policy rate may need to rise further to stay behind the goal. So what should we expect from Monetary Policy and for the markets overall . Joining us now is Marathon Asset Management chairman and ceo, bruce richards. Reminder, marathon has 20 billion in assets under management. Always good to see you. I do want to talk about the fed and inflation and everything, but i think we first have to start with the middle east and whats happening in israel. You see this as a macro challenge for the markets, for the economy . Well, first, let me say that we all pray for peace and stand with the president of the United States, who stands staunchly behind the support of israel. I say that as a personal citizen, as well as a ceo of marathon. Listen, israel is a great credit. Its an aplus rated credit. It has a strong currency, the equity market has done woeell or time, its bonds trade well and its debttogdp is over 60 . In terms of risks re