Newsmakers. And back on nevada newsmakers we are pleased to welcome back to the program xiaoyu pu. Science professor at unr. You just got back from taiwan. Whats the mood in the taiwan. Theres been a change in leadership there and not so keen on working so well with the Chinese Government. Yeah, i think a great move in taiwan. Tie Taiwan Society has changed. For the past several years the tie taiwanese government is with a government with beijing. But the distribution of these benefits are not equal. So a lot of the people have all kinds of frustrations especially the younger generation. So thats why the ruling party came. The d. P. P. Won the election in the past month. So do you think thats going to increase tensions between china and taiwan . I would say yes and no. Yes in the sense because the in coming ruling party will be sort of proceed dependence. Tradition of proceed independence political party. But i would say no because even the in coming ruling party they dont want to retu
Sees shares going. But first, we start with the markets. All three of the major indices hitting their highest levels since january 7th. Both the s p and dow not out of correction territory. Heres what was different about today. Bonds they sold off hard. Take a look at the beaten down bank stocks. They had a huge day. So is the rally now confirmed, guy . We talked about it on friday and january 20th, the transports bottoming out and trading really well ever since. In 2025 gets you excited then the rally is not over. Even dan who i think obviously had some bearish even dan. He had said you can see a rally at 2000 in the s p. I think 2025 is a level. I think we trade there. I dont think were going up 50 handles today we have to be honest. 1950 is a pivot point. So i think in a lot of ways we have gotten this right. I think well fail at 2025. See what happens there. Do you stick with that and do you keep your short positions on . Yeah, today was a painful day if you took you know, took the
Luckiest crop in history. At least in terms of your weekend reading time it goes deep into politics. Surprising for me. Again, quoting him about the Current Business environment, whats unique in this cycle is the difficult relationship between business and government. The worst i have ever seen, end quote. Wow. He goes on to write Technology Productivity and globalization have been driving forces during my business career. In business if you dont lead these changes you get fired. In politics if you dont fight them you cant get elected. Immelt says most government policile is antigrowth, end quote. These perpetual roadblocks perpetuate a cycle of slow growth, poor job creation, populism, low productivity, poor policy and more slow growth, end quote. It hurt a lot of working people in this country. Im not going to quibble with the caustic nature of the political backdrop that makes doing business more difficult and makes us less willing to pay up for the stocks of any business, no matter
Warren buffett says it is obscuring the greatness. It is an Election Year and candidates cant stop speaking about the countrys problem which only they can solve. As a result of the negative drum beat Many Americans believe their children will not live as well as they do. Thats dead wrong. Those born today are the luckiest crop in history. At least in terms of your weekend reading time it goes deep into politics. Surprising for me. Again, quoting him about the Current Business environment, whats unique in this cycle is the difficult relationship between business and government. The worst i have ever seen, end quote. Wow. He goes on to write Technology Productivity and globalization have been driving forces during in business if you dont lead these changes you get fired. In politics if you dont fight them you cant get elected. Immelt says most government policile is antigrowth, end quote. These perpetual roadblocks perpetuate a cycle of slow growth, poor job creation, populism, low produ
Sure of the future. Dont take it from me on a day when the averages got hit. [ sell, sell, sell ] with the s p sinking 8. 1 . Tou down 123. You heard it from Warren Buffett and the ceo of general electric. Warren buffett says it is obscuring the greatness. It is an Election Year and candidates cant stop speaking about the countrys problem which only they can solve. As a result of the negative drum beat Many Americans believe their children will not live as well as they do. Thats dead wrong. Those born today are the luckiest crop in history. At least in terms of your weekend reading time it goes deep into politics. Again, quoting him about the Current Business environment, whats unique in this cycle is the difficult relationship between business and government. The worst i have ever seen, end quote. Wow. He goes on to write Technology Productivity and globalization have been driving forces during my business career. In business if you dont lead these changes you get fired. In politics i