In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding them back, the election, overtraining and trade . Over china a
Which will hit in b about an hours time. The s p up by just three basis points coming up on todays show, former National Economic council dr director, gary kohn, will join us about reopening the the economy. The debate over funding for states and the Small Business ppp funding. Plus, a flood of big name earnings set to hit this afternoon including as you mentioned, alphabet. Starbucks, ford, am well also speak with the ceo after his Company Reports earnings, what consumers are doing and how much theyre snacking around the world. Lets focus on one hour of trade. Mike is tracking the Market Action in whats shaped up for a volatile day meg has Quarterly Results from big pharma names mike, start us off with the brorder market of what you seeing some pretty strong opposing currents holding the index in a steady mode. Look at the s p 500. This goes back a couple o years because i want to point out the areas that were encountering with this rally. Here we are around 2880. That takes us back t
A new study showing that the number of new coronavirus cases appears to be declining but Health Officials also urged caution our correspondent in beijing explains at he killed thousands of people and caused untold misery to get colombian drug lord Pablo Escobar is still treated as a hero by many but now victims families of his victims have found him and usual way to fight back. Im sorry kelly welcome to the program it is a narrative that china has been spinning for around 3 years but now documentation confirms it is false beijing has imprisoned more than 1000000 minority weaker muslims in internment camps the Chinese Government claims that the prisoners who are house here are islamist extremists who need to be educated and that the camps. Voluntary job training but a new documents leaked to d. W. And other german Media Outlets at great personal risk reveals that the weaker is are being targeted not because they are extremist but simply because they are muslim many of the prisoners have
A new study showing that the number of new coronavirus cases appears to be declining but Health Officials also urged caution we speak with a for all adjust and he killed thousands of people and caused untold misery death colombian drug lord Pablo Escobar is still treated as a hero by many but now the families of his victims have found an unusual way to fight back and it is deja vu for paris and your man coach thomas to call it the Champions League tonight as he returns to his former team. And. Im sorry kelly welcome to the program it is a narrative that china has been spinning for around 3 years but now documentation confirms it is false beijing has imprisoned more than 1000000 minority bigger muslims in internment camps the Chinese Government claims that the prisoners are islamist extremists who need to be reeducated and that the camps provide voluntary job training but a new documents lead to d. W. And other german media outlets. Great personal risk reveals that the weavers are being
Drug lord Pablo Escobar is still treated as a hero by many but now the families of his victims have found an unusual way of fighting back. And at the laureus sports awards in berlin there is no one better than simone biles the american gymnast when sports woman of the year for the 3rd time formula one champion Lewis Hamilton shares the mans award with football legend leo messi. Im sorry kelly welcome to the program it is a narrative that china has been spinning for around 3 years but now documentation confirms it is false beijing has imprisoned more than 1000000 minority leader muslims in internment camps the Chinese Government claims that the prisoners are islamist extremists who need to be reeducated and that the camps for vi. Voluntary job training but a new documents leaked to w. And other german Media Outlets at great personal risk reveals that the we are being targeted because not because they are extremists but simply because they are muslim many of the prisoners have been detai