We are just 43 days away from the most wonderful time of year. We found out today that the rally will continue into next year setting a year end target of 4300. The question tonight, is santa claus really coming to town or will the grinch steal christmas, guy . With you folks with kids in the room, i will give you a fut secon few seconds to have them lead. I am in the grinch box that was a great tune that bobby helms sang all of the great things, the market is still expensive. In terms of market cap gdp north of 175 which is by any metric the far end of the curve i dont see it getting there i have been wrong before and probably will began. But the vix cant correct all of the things going into january of next year. I am in the grinch camp but bore l Boris Karloff did a good job. Technology finished the day strong we saw a comeback of the trade that looked like it was unwinding. Yeah, may the winter war lock, the heat miser, snow miser, hear it, santa is coming. Its opposite day today re
A new document released from the trumpet ministration is drawing criticism from china the white house publishing a National Strategy for critical and emerging technologies the plan claims to be a path for the u. S. To protect what it calls its Technology Advantage including Artificial Intelligence to quantum information from other countries in the document the white house says china is not only dedicating large amounts of resources in its pursuit to become the Global Leader in science and technology it is also targeting sources every United States and allied strength in 2017 china released a plan amy to be the world leader in ai by 2030 hoping to catch up to the u. S. By this year and now sweden and other u. S. Allies are backing away from by walk by products u. S. Has alleged the company poses security risks potentially being a tool in which beijing uses for spying but sweden is also home to ericsson one of wall weighs largest rivals Chinas Ministry of foreign. An affair spokesperson
China the white house publishing a National Strategy for critical and emerging technologies the plan claims to be a path for the u. S. To protect what it calls its Technology Advantage including Artificial Intelligence to quantum information from other countries in the document the white house says china is not only dedicating large amounts of resources in its pursuit to become the Global Leader in science and technology it is also targeting sources every United States and allied strength in 2017 china released a plan amy to be the world leader in ai by 2030 hoping to catch up to the u. S. By this year and now sweden and other u. S. Allies are backing away from by walk by products u. S. Has alleged the company poses security risks potentially being a tool in which beijing uses for spying but sweden is also home to ericsson one of wall ways largest rivals Chinas Ministry of Foreign Affairs spokesperson on wednesday said a new ban on its 5 g. Technology violates in. National economic and
Revenue the u. S. Is reportedly giving brazil incentives to block wildly from the country officials from the Export Import Bank of the United States signed a memorandum for financing up to 1000000000. 00 analysts say while wall way is exploding in china its International Hurdles will make it difficult for the Smartphone Company to remain number one its still them in the 2nd quarter being up there as one of the leaders on a global basis in phone sales but outside of china its become very difficult not only because of the fact that there are sanctions in place but because of the fact that people are losing confidence in the huawei brand over the weekend china adds export restrictions to its set of laws the legislation is set to go in effect december 1st aims to protect National Security the lot may impact Foreign Companies doing research in Mainland China this includes alphabet which has a Google Research lab in beijing on the heels of releasing this new. From thursday some analysts say
Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en