You with us equity markets are rallying shares in japan hit a 30 year high on the 1st day of trading off the Television Networks declared joe biden the winner of the u. S. President ial election there are hopes that a Biden Administration would expand fiscal stimulus in the u. S. Stepped up measures to reduce the spread of covert 19 i want to take a less aggressive approach in trade policy but how does his slogan buy american fit in here lets check out some of bidens ideas about how to stimulate the economy. Will it be like night and day. Joe biden has promised to create a more restrained balanced American Economy instead of the full throttle one of the past 4 years. In practice that means a return to regulations on industry greater powers for financial watchdogs and Consumer Protections and above all higher taxes on the wealthy and businesses im going to raise taxes im not going to raise taxes on anybody making less than 400. 00 grand but but you wont pay a penny more but those making
Increases Troop Deployment on the streets. The sons of think if we are attacked once again it is for our use for our teeth for freedom this morning we decided to increase the vigilance everywhere in france to adapt to the terrorist threat and the french sentiment turns violent in the middle east as a saudi man is arrested for stabbing a Security Guard at a french consulate in saudi arabia. Those are world News Headlines for this hour ill be back with more in just about an hour thanks for watching and hope you have a great day. Welcome to. The human body with ology has long ceased to be side fly but now its merging computer with the most sophisticated machine. Be human brain is a crazy. Or a not so distant future when i ask the worlds 1st sidebar professor of cybernetics at common tree and reading universities Kevin Warwick. Kevin warwick professor of saturn attics and comment tray or reading universities and the wealth 1st cyber a kevin so great to have you with us. So many things have
Grateful to the coronavirus pandemic. Back on to do business i want to get jones in berlin good to have you with us the u. S. Economy desperately needs a new stimulus package as the pandemic continues to wreak havoc but with a president ial election week weeks away the parties are divided amid political wrangling and last week president to donald trump called off the negotiations on sunday now u. S. Treasury secretary Steven Menuhin proposed that 175000000000. 00 in unspent 8 to Small Businesses be released immediately to east the stalemate the argument of the total package is much bigger though the democrats want a plan worth more than 2 trillion dollars so far republicans have not gone past 1. 8 trillion. 1000000000 trillion Chelsea Delaney our financial correspondent in frankfurt can probably. Make sense of that so the democrats when will the 2 trillion dollars trump has offered 1. 00 trillion before basically saying no and now we hear the stigma nugent suggest a mere 230000000000 d
Calling on the president to step down. And calls for sudans government to do more to prevent future disasters the tackles the worst flooding in a century. The u. S. Has broken with almost every other member of the u. N. Security council on dream post sanctions on iran washington insisted as a legal right to do so was part of the Iran Nuclear Deal even though it pulled out of the agreement 2 years ago our diplomatic editor james bays has more. Its aroud its even pitted the us against some of its closest allies its now over 5 years since the Iran Nuclear Deal was signed in vienna joining the negotiations the us team under the leadership of the very end secretary of state john kerry devised a mechanism called snap back if iran breached its commitments all internet. Sanctions could snap back into place but thats not the way things played out the United States will withdraw from the Iran Nuclear Deal it was the u. S. Under President Trump that pulled out of the deal 2 years ago. Despite thi
Is this is week that tech took the market back. Tech is up 2. 8 . New all time high is the russell 1000 growth. Tech is back and tech is working. Every time we get the story well roll out of tech into value, it works for three or four days and we go right back to whats really happening in the economy is tech platform driving dijtization. Not only domestically but globally these companies are empowering it that Investment Team will be strong right through 2021. The russell will be interesting. If you can find companies because the russell itself actually has no return on assets most of the companies dont make any money. If you can find a mid cap company and its revenue domestic it doesnt matter who wins the election were going the war with china its going to have an impact on certain s p companies. You can find refuge in the russell 2000 i think you have to do your stock picking there. Im looking for companies with companies that make money by distributions and having nothing to do with