It today here is how things look now. We are in the green. Look at the small cap stocks the russell 2000 we are still coming off four down weeks for stocks. A pretty louse si month. Now, the s p 500 is on pace for its best two day gain since all the way back in june did you follow that kate moore w were in a four week down street were on our best two day stretch since back in june bp the volatile till has really grown. What are you expecting ahead im told theres an election in 36 days. Is it just 36 days . It feels like its going to be any moment at this point we have this down market there is will the of consolidation and profit taking, rotation in terms of participation over the last couple of weeks. The big point and message is tlauls v theres always volatility before an election. In a year like this where we have so many cross currents between the virus. Questions around Economic Activity relationships with other countries. Theres so much for an investor whether it needs to be reta
Market. Three year and 10 year bond options coming in superstrong. Watch how that winds up performing. Time now for todays top market moving news from our new york team and washington team. We want to begin with economic the u. K. Economy shrinking on the 6 in march. Predicting what could be its deepest contraction in more than three centuries. Bloombergs Michael Mckee has more. Michael ask not for whom the bell tolls. It is the u. K. This time. Just one week under lockdown was still enough for a 2 contraction during the first quarter. As you mentioned, a 6 contraction during the month of march. Britain plunging into what may be its worst depression or recession, at least, since 300 years ago. Three centuries, according to those who have been figuring out. Tourism fell by 46 , air transport down 44 . Engine ofpending, the the economy, down 1. 7 in the first quarter, the largest drop since the financial crisis. We got data from the British Retail Consortium saying total sales down 19. 1
Change, reports of an Israeli Attack on rafah and gaza that killed a number of children, irans foreign minister said over the weekend we are done but this was before the attack, separately the house voted in favor of military aid to israel, heres the Market Reaction to all of this, the price of oil staying in the low 80 per barrel range of 8255, the price of gold has come down were down 62 an ounce at the moment and all the way back to 2351, that is a must 100 below the recod price last week, stocks rallying a modest bounce after last weeks heavy selling, the dow could be up 200 and the nasdaq 120. 20 of green this monday morning but not as much as we had in red ink last week. The s p is having the worst week or did last week since march of 2023. Look at tesla, it announced a range of price cuts over the weekend and elon musk has delayed a scheduled trip to india. Investors dont like this, the stocked out another 6, down 4 euro 140 a share on tesla, no serious bounce for bitcoin. Despi
ZE PowerGroup Named a Global Leader in Cloud Computing for the Third Year in a Row. Richmond, BC, October 7, 2021 The Business Intelligence Group announced this week that has awarded Richmond-based ZE PowerGroup Inc. (ZE) a 2021 Stratus Award for Cloud Computing as a part of their annual business award program.