Parade of Tech Companies announcing plans to go public. What does it mean for the markets next move . If you want to invest in electric vehicles but youre nervous about teslas high voltage valuations, there are other stocks to consider. Weve got the names. And forget for a moment about what a trump or biden election will mean for stocks. Im worried about the market response to a disputed election. Should i be . On the barrons round teabl, my colleagues, ben lev son, carlton english and al root. Ben, let me start with you. Give me a rundown of what happened with the stock market this past week and with the ipo announcements. I dont even know where to start. It was that crazy of a week. But the s p 500 and the nasdaq both hit records this week, the dow finally moved into the green for the year. And as you said, were getting ipos. Every company youve ever heard of now has a listing out there of some sort, some sort of filing. Theres a Company Called palin tier which is this secret tech co
Little bit of buying pressure, 1. 61 . The s p is up by 6 10 of 1 . If you take a look at the sector breakdown, it will be a little more defensive than the headline numbers will indicate. , talking about the fact that the ecb is taking the currencies single level into account. Alsolso ha watching what is happening with the pound as well, and the russian ruble, because we have seen the ruble coming under pressure as a result of what is going on with the navalny poisoning, germany confirming unequivocally that as a result of recent tests, they are now able to confirm that he was wasd with not a poisoned. Will that result in sanctions . A big move, big move against the ruble. We will come back and talk about that later in the program, alex. Alix Prime Minister Boris Johnson and Opposition Leader are facing off today in the house of commons for the First Time Since july, and that comes as johnsons government announced another uturn and policy, as you were just saying, keeping local lockdow
How great a listener and you mentioned that he was anticapitalist before we move on to some of the content of the show because of course he would want us to talk about the world and the economy and the financial fraud and all that stuff is somebody mentioned that in a tweet this guy name rabaul one of the great things about how led and graber one is stridently procapitalism the other anti each recognizes real intellect and communes with that so thats what were trying to do by going orange rather than going dark is you dont want to you know a new dark age you dont want to shutting down if your mind you dont want increase in censorship especially as we enter into deeper level ization because youre going to see more and more censorship of the Financial System the Banking System the the monetary rails around the world the unit of accounts you see a lot of censorship there you going to see a lot of censorship as we head into this already like both sides are already screaming that its rigged
Sides of the atlantic. 1 , tech00 up 4 10 of doing the heavy lifting. The stoxx 600 up 6 10 of 1 . Euro weakness today. It started before the durable goods number and the news out of berlin. Weakness in the russian ruble. Isssure from belarus increasing on moscow and the ruble is taking it harder as a result. Keep an eye on japan. There is a press conference with it is friday and fascinating to see where we go. European stocks lagging their american peers. This anlysts calling opportunity to shift investments from the United States to hear in europe. Will that happen or will that be missed . Scarlet it is kind of happening right now, and europe looks appealing because it is a diversification away from the u. S. Which is crowded, high devaluation, and trading highs. There is stimulus coming in europe, 27 member nations able to agree on more public spending , in contrast to what we have seen in the u. S. Fund flows for the biggest equity etf in the u. S. Got the itt since january, and si
Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about how the economy may have changed, and think about how we communicate to the public. The process in and of itself has been a useful one, and i will leave to the chairman to talk. Michael you have been considered an inflation hawk. Where are you on average inflation targeting . Is to bee my focus true to our price stability target, that our 2 really has to represent what is happening in the real eco