We will be asking if the company can find a way back. Sophie and economists say we may be entering a period of peak dovishness. Posse shares opening flat after following the most on wednesday. We are keeping an eye on a weak Earnings Report as well as Oil Companies with brent extending declines and opec not pushing for deeper supply cuts. The chairman spoke of caution in the short term with capex below 8 million u. S. Dollars for 2020 and 2021. Checking on the aussie dollar, treading water near a oneweek low while aussie bonds are gaining ground on a possible delay to a u. S. China trade pact being signed. Futures pointing lower after japanese shares ended wednesday flat amid signs of overheating. Breaking news crossing the bloomberg on google, google said to be mulling changes to political ad policy, this coming on the back of twitter saying it is voluntarily suspending political adverts on its platform. Facebook on the other hand really more embracing it. Google now said to be mullin
The pessimism, its palpable, especially for me over the weekend. When the bears always seem to come out of the woodwork and start attacking me, makes you wonder how the market can hang in there with the dow gaining 61 points today, another alltime high, the s p closing down, the has dak ncaa declining the linkage between a dysfunctional washington they know nothing and what amounts to a roaring, rotating bull market. This weekend i found myself in a complicated position after the Senates Health care debacle, ive been bearish on washington all that scaramucci, the mooch drama, it hasnt helped. Friday was the last straw for me we interviewed the manager of the office of manage and budget. Given this administrations track record when it comes to passing legislation, im skeptical that anything can get done i found myself begging him to go for an easy win and focus on repatriation of capital overseas, which would be easy to pass at first, i think mulvaney misunderstood me and thought i was
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