Hideous beatdown im going to make it real simple for you. The market is spectacular al beit mercurial fashion show. The same stocks that would strut down the runway greeted with oohhs and aahhs will be pelted by tomatoes. Stocks that have languished sell like hot cakes when styles change we call that a rotation on wall street. Investors are furiously recalibrating what theyre willing to pay for and just right now theyre happy to pay up for the stocks of solid companies with healthy dividends and ideally big buy backs. You know what . Theyve lost interest in the stocks of Fast Growing Companies when it comes to revenues. They issued huge gobs of equity and pay people or come up with bizarre new metrics or explain how theyre really doing okay even though they dont have much in the way of earnings if any. In other words, the cloud stocks are up salesforce. Com, adobe, workday, z scale, i could go on and on. These names were all smoking red hot and now theyre struggling you have to wonder
End up taking away some services i want to know when we start suing European Companies to get back what they steal from our companies. Every time you get a 5 billion charge against an american tech company, lets sue them back which ones . Take s. A. P. Thats the only one they got they basically legislate innovation out of their business in europe. Well dig deeper into this. Its something the markets are focused on you think election cycles end . I think well go through an intense 18 months. Get a week off. Do we get a week . This cycle it will be about bashing tech it wont be about bashing healthca healthcare youre a good outsider looking in you have great oil and gas stuff. Good miners. You will blackberry for a while. That seemed okay you had a little tech. You admire what were able to do down here. Im a huge investor down here i know. I think the biggest trade opportunity in the next five months will be taking u. S. Dollars, converting them to canadian you would have to beloony t do
Assignment with potty cornish. Listen wherever you get your podcasts when welcome back to our Special Coverage of Donald Trumps criminal trial. We are of course, staying on top of all of todays major elements. But right now, we have some major Breaking News coming out of the Middle East Hamas has agreed to a Ceasefire Agreement for opposed by both egypt and khader. We know israel help craft this deal. But its not fully agreed to it, at least not yet. We have reached out to Prime Minister benjamin, a tiny house to office in jerusalem. We are awaiting official response from the Israeli Government. Will have a live report from jerusalem adjusted moment, but i want to make sure that as everyone appreciates whats going on, hamas has announced that is had dea the head of its political euro, has told both cutlery and egyptian mediators that hamas has agreed to their proposal for a Ceasefire Agreement much more in this coming up a very Significant Development for right now, there we want to tr
Trump were getting new details on the first witness to be called a men allegedly in the room, what a scheme was hatched to bury bad stories about donald trump. And the 2016 election. Jewish students being urged to return home for their own Safety Classes go virtual has protests, royal, a unit diversity, and the Supreme Court braces for arguments that could effectively end the federal election case against donald trump im john berman with sara sidner and kate this This Is N Newsroom Historis unfolding before our es today, right behind me live pictures of a courthouse in Lower Manhattan a then at use trump tower here in new york vershortly, donald trump will leave his apartment for Opening Statements in a trial or could ultimatelland him behind bars. Were getting new details this morning about the very first witness expected to called by the prosecution a man known to be involved in several catch and kill schemes for donald trump. Polluting the alleged Hush Money Payment with porn star S
Its Defense Spending because its looking at north korea, chinese aggression and also looking ahead possibly to another Trump Administration where its not so sure the us welcome to the rescue. And its making these investments to be able to stand on its own there clearly also emphasizing here, theyre unity, right . But there is something obviously hanging over this. And we understood from mj lese reporting that it might not come off, which is the us still deal. However, it did come up, obviously they were going to be asked about it and that is japans largest steel maker offered to purchase us steel to the tune of 14 in december. The biden is very opposed to this. Hes trying to stand with the union and i wonder what you made the question as it was, was did it come up . Did the topic come up . No. The answer is no one answer directly. And Prime Minister kishida basically said discussions are underway between the parties and then he sort of said japan believes something to the effect of bas