Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note
As cape townwn prepares for coronavirus p peak at t e end of the month, we ask why the city has seen more cases and more deaths than the rest of south africa. Welcome to the program. Millions of people in the u. S. Are commemorating the end of slavery. On this state in 1865, the news that president lincoln declared all slaves free to and a half years earlier finally reached texas. Do 19, juneteenth, is a day of celebration and a moment of reflection on enduring Racial Injustice in the u. S. June 19 this year comes amid a time of national soulsearching following the death of george floyd under the knee of a white police officer. President trump was forced to postpone a Campaign Rally planned for it to after widespread outcry. Black lives matter protesters gathered across u. S. Friday to commemorate the end of slavery. The president s choice of this day for a Campaign Rally sparked a huge backlash. Also the location. Tulsa, oklahoma, is the site of the worst incident of racist violence i
York as u. S. Inventories declined. And coffee slumped on its return to trade. Unease there. Lets get you started with a quick check of the markets trading at the moment. We are seeing u. S. Futures opening slightly higher. This of course after the regular session saw the sapp 500 climb to a 10week high. We have optimism over reopening of different economies. Not so much in key retail earnings showing signs of resiliency, so we have those and target reporting sales that top the estimates. The sapp 500 really erasing all of tuesdays losses. And really the gains being pretty broad. Were talking about financials, industrials and Energy Leading all 11 sectors higher. The sapp 500 more than up more than 30 since its march low. The nasdaq composite at the highest level in more than 12 weeks. Oil, we saw another day of gains for w. T. I. , gaining ground for a fifth consecutive session. Right now under a little bit of pressure but still at around the highest level in almost 10 weeks as we con
Global news makers and tweak about the stories that matter just 0. Hi everyone im femi oke a and your in the strain today we take a look at 3 stories related to Global Warming locusts in east africa ice melt in antarctica and the future of the Worlds Largest doomsday food vault you can join the conversation really easily in our live chat or on twitter. Though it is in east africa are racing to counter swarms of aeration slow cuz weve been eating their way through the region including kenya ethiopia and somalia locusts are not uncommon to the horn of africa but the recent surge is the worst the region has seen in decades the rise of these insects have been attributed to warmer temperatures if left on tracks the locust could multiply more than 400 times by june United Nations has warned that this would decimate crops in a region already struggling with Food Insecurity officials at the u. N. Food and Agriculture Organization because i know its foul are sounding the allow it is a big city
Corruption and the carrot we listen so if we really put place china as an enemy of. The not really that we meet with global news makers and talk about the stories that matter just 0. I have a while for me ok on your in the strain today we take a look at 3 stories related to Global Warming locusts in east africa ice melt antartica and the future of the Worlds Largest doomsday food vault you can join the conversation really easily in our live chat or on twitter. Though it is in east africa are racing to counter swarms of aeration slow coasts who have been eating their way through the region including kenya ethiopia and somalia locusts are not uncommon to the horn of africa but the recent surge is the worst the region has seen in decades the rise of these insects have been attributed to warmer temperatures if left on tracks the locusts could multiply more than 400 times by june United Nations has warned that this would decimate crops in a region already struggling with food and Security O