How did these things affect people we revisit the state even when there are no international headlines. Aljazeera really invests in that and thats a privilege. Hello there im nick clark this is counting the cost on aljazeera to look at the world of business and economics this week mozambiques troubled road to becoming the worlds 4th biggest gas exporter a debt crisis and an equal society and an islamist uprising near its most valuable gas fields. Also this week an epic battle to challenge apples grip on its store a multibillion Dollar Gaming Company taking on the tech giants and the regulators watching from the wings. The mighty dollar. That up ends its dominance or is that Wishful Thinking on the road to a current. 7 in time mozambique will become the 4th biggest exporter of gas but right now is fast becoming the most unequal societies in Subsaharan Africa the promise of gas riches could not come quickly enough for a nation mired in a debt scandal that plunged the country into a curre
Did meet today, but there was no deal announced on a new round of relief. Weekly jobless claims this morning remained near 12 million, and the monthly payrolls data may still telegraph a great deal of doubt about the economic recovery. Investors continue to bid up stocks, the s p 500 and the nasdaq and the green, despite one of the biggest cliches of the year no connection between the stock market and the economy. Joe will put the cliche to the test today. Joe not everyone accepts that, even though it is repeated all the time. Our guest points out that if you were to break down stocks by quintile of sales growth, you see that the companies with the highest sales growth are on the right side, the far right column, they have the strongest yeartodate return, pretty clearly. On the left, the worst sales growth, you see the worst return. Judging by return performance of companies, you can see whether stocks are connected to the fundamentals. Romaine they look like they are. Some would argue
Still think that. Travel and we meet with global newsmakers and talk about the stories that matter. There im not clock this is counting the cost on aljazeera to look at the world of business and economics this week mozambiques troubled road to becoming the worlds 4th biggest gas exporter a debt crisis. Society and an islamist uprising near its most valuable gas field. Also this week an epic battle to challenge apples grip on its store a multibillion Dollar Gaming Company taking on the tech giants and the regulators watching from the wings. The mighty dollar. Ends its dominance or is that Wishful Thinking on the road to a currency. In time mozambique will become the 4th biggest exporter of gas but right now is fast becoming the most Unequal Society in Subsaharan Africa the promise of gas riches could not come quickly enough for a nation. Scandal that plunged the country into a currency crisis debt default almost 4 years on the pandemic and insurgency in the far north where the country h
Live there on the clock this is counting the cost on aljazeera to look at the world of business and economics this week mozambiques troubled road to becoming the worlds 4th biggest gas exporter a debt crisis on Course Authority and an islamist uprising near its most valuable gas field. Also this week an epic battle to challenge apples grip on its store a multibillion Dollar Gaming Company taking on the tech giants and the regulators watching from the wings. The Mighty Dollar sings but is this a stumble that up ends its dominance or is that Wishful Thinking on the road. The currency more. So than in time mozambique will become the 4th biggest exporter of gas but right now is fast becoming the most Unequal Society in Subsaharan Africa the promise of gas riches could not come quickly enough for a nation mired in a debt scandal that plunged the country into a currency crisis in debt default almost 4 years on the pandemic and an insurgency in the far north where the country has its most val
It is showing how much power these businesses have to move the index in one direction or another, outweighing technology. As we look at the valuations 2000, the big underperformer today, relative to the median forward valuation on the s p 500, the ratio looks ugly, we are back down to the lowest we have been. I dont know if that is the denominator of the s p 500 continuing to decline. It could be both of those. It has been a downward trajectory, and we have yet to see it. Calls forwe have got questions to be asked of our guests as well. You are a growth investor. There are queries from viewers whether this can be sustained. We have been talking about the heady heights and valuations. You think the nasdaq 100 may have hit a wall here, or can it pull higher . I think we can continue to go higher for no reason at all other than sentiment. As a fundamentally biased investors, you believe you need to have some cyclical rally that comes through for most of these sectors to come to fruition.