Caught my eye was the 3600 number that is where we are going according to Goldman Sachs chief u. S. Equity strategist david he wrote that the fall and the equity risk premium will be partially upset by a rise in bond yields, but the combination will ultimately boost the s p index by 3600 at by yearend and 3800 in 12 months time. It represented significant increase driven by valuation. Joining me now, Chris Watling longview, chief Market Strategist and ceo. A pretty bold call, chris. What do you think . Chris it is doable. It is not implausible. I think it depends on how much policy keeps on generating stimulus how much the policymakers keep on giving, if you like. We have seen congress go into recess. We have half had the package, half not, with the executive orders. Clearly the fed is giving and will continue to give. There is a lot of utility in the world can we keep getting stimulus packages. Singapore did something over the weekend, not a major player, but it is noble. There are cl
Superb compared to america, and frankly, many other countries. Can you feel that in the nation . Is the nation aware of the success of that . Feels very different, i have to say, tom. Bringing them down is one thing, allowing them to spike up in the first place is another. And a lot of criticism around the govern how it handled the initial stages of the outbreak, and in particular the care for the elderly, allowing it to take off the way it did in care homes. Tom it is interesting to see and we will be covering this throughout the week, from Johns Hopkins university as well. This final week of the summer in america, late labor day, september 7. So it is sort of an odd and to the summer at least here in america. Right now on monday, here is ritika gupta. From recovered patients will be expanded to more sick americans, access to the promising therapy even before we fully understand how it works. The Financial Times recording that the white house is considering crosschecking the Oxford As
Weakeningh pound substantially this year. The dax up 30 points. Up more than 1 10 of 1 , despite all of the banking problems we still have to resolve in europe. Highlighting the euro in todays trading as well. Ins have a look at the year the ftse 100. A gain of 14. 4 . That is in local currency terms. Not so hot when it comes to the dollar or the euro. The dax up 7 in euros. The cac 40 up 4. 5 . Quite a nice year in terms of european trading. There is the euro. 1. 0547. Again today up half a percent. About 30 minutes into the final trading day of the u. S. Year. Abigail doolittle has been here all year and is here with the latest. Abigail looking at the kleins for the major averages on this last day of the 2016 year for stock. Nasdaq tradingnd lower. For the dow, s p, and nasdaq, this is the first threeday decline since the election, if losses continue. The nasdaq on performing underperforming the most. The russell 2000 also down about 4 10 of 1 . The dow on pace for a weekly , its fir
Talk that went days president of United States is set to make millions of illegals legal, in an executive order, president with swipe of a pen will stop deportation for up to 5 million, republicans dont like it, they can stuff it, more than a few of you cannot believe it. Within what seemed like seconds of that congressman gutierrez interview. The tweets and text started in. Are you kidding me, does the president want to be impeached. Enough is enough, and so glad i went through all proper motions and laws to become a u. S. Citizen, i should have just waited for this and avoided all of the has ill, incredible. Much more, from so many sounding off online. Back to my bigger points, whether such an executive order, i think that congressman knows something it is coming, what this stroke of a pen is the president stabbing at hard working legal americans in the back, leaving us with a heck of a bill. Maricopa county Sheriff Joe Arpaio said that enough is enough, were told a matter of time, w
Talk that went days president of United States is set to make millions of illegals legal, in an executive order, president with swipe of a pen will stop deportation for up to 5 million, republicans dont like it, they can stuff it, more than a few of you cannot believe it. Within what seemed like seconds of that congressman gutierrez interview. The tweets and text started in. Are you kidding me, does the president want to be impeached. Enough is enough, and so glad i went through all proper motions and laws to become a u. S. Citizen, i should have just waited for this and avoided all of the has ill, incredible. Much more, from so many sounding off online. Back to my bigger points, whether such an executive order, i think that congressman knows something it is coming, what this stroke of a pen is the president stabbing at hard working legal americans in the back, leaving us with a heck of a bill. Maricopa county Sheriff Joe Arpaio said that enough is enough, were told a matter of time, w