Will his spending help boost Economic Growth . Mark 30 minutes until the end of the friday session, the long weekend commences. Stocks are down today. Equity indices are higher, but overall, the stoxx 600 down for the day. The best week since december though. Sweden, iceland, greece, and sovereign bonds commodities, but its been a fascinating week dominated by the results of the french first round of the president ial elections. Next round is next sunday. Ubs, big news today of course, earnings from the swiss earnings,t boosting adding 25. 5 billion francs of new money. They posted an 80 rise of net income after betterthanexpected results. The chief executive, who we will hear from in just a second, stepping up costcutting helped though shrinking margins and wealth management. Today, more bank earnings. The nordic regions best performing lender, First Quarter profit jumping up by 12 . Income from trading growing after years of the nordic danskeies underdog, emerging as the best perform
Big change of pace. What would a strong swimmer do here . Thats what im trying to think. See, you cant outswim the currents. Not even phelps could match some of these twists and turns. That doesnt mean we cant figure things out together. You and me. Spot the patterns. Come to the conclusions. Conclusions that make sense given the fact that there are so many rotations going on even midday. And multiple winning ones of with got xp we have to go back in history. Lets start with what happened one week ago today. Most traders and investors presumed because of the polling that Hillary Clinton would win the presidency. They made a host of big, big bets on hillary betting that she would win. Mostly wagers that a Clinton Administration would be an extension of the obama administration. Gridlock, not so hot growth. Which somehow we were convinced we liked. Faster than a stalled economy because the economy will stay stalled, right. Not so fast they draw government scrutiny like banks that are doi
Threat the session. That said, we are bouncing off the lows to some degree. Part of the reason why might be the turnaround we saw in apple shares. Going into todays session, we had an eightsession losing streak aired but the shares are down seeing back today. We are seeing an increase in those shares of more than 1. 50. This being the most heavily weighted stock in the s p 500, it is having at least a little bit of an effect of creating a floor. Shares over the course of the day in wide. The dow and the s p are in yellow and green. They pretty much matched movement for movement throughout the day, although apple clearly is up in the indices are still down. David keeping the market afloat. Energy leading the declines. Julie yes, energy is the group that is doing the worst in the s p 500. That is because true to seeing a tumble of 44 of below 44 a barrel. We will be watching the production numbers closely because we have been seeing sliding production of oil. Index, just a few moments ag
Deportations under president obama have ramped up their call for conference of Immigration Reform recently with a series of direct actions from washington dc to arizona. Week,interview this president obama bout to push for reform the day after the fiscal crisis was resolved. Once thats done, the day after, im going to be pushing to say, call a vote on Immigration Reform. If i have to join with other advocates and continue to speak out on that and keep pushing, im going to do so because i think it is really important for the country and now is the time to do it. The Washington Post has revealed how the National Security agency works extensively with the cia to gather information on potential drone victims as part of the obama administrations assassination program. The article describes the case of hassan ghul, a pakistani man who provided Key Information that helped the ca find osama bin laden. Documents show a secret nsa unit known as the Counterterrorism Mission aligned cell tract has
Catholic Point, which began in 1878 in rural northern Conway County, is a small Italian community associated with the large European immigration of the last quarter of the 19th century.