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You know what, there has been a persistent bid as we call it underneath this market for months, despite the virus and the unemployment it is a puzzle enigma. I am trying to figure out why people keep buying i had an epiphany last night i was going over preparations for my monthly club talk this time looking at it through the lens of the election, it is only 20 days away. You know what . Of the 32 stocks we own for the trust, fully twothirds of them would do better under a biden presidency that caught me by surprise we were trying to bail out the election honestly i have been under the assumption that the market may take a hit if biden wins he wants to raise Corporate Tax and Capital Gains tax and rich people pay your own stocks. Is that good policy . I dont know given biden has been getting some incredible poll numbers the last few weeks it has become a real possibility. Many o ....
Under valued it sounds crazy. We had a remarkable blitz up we just came after that brutal sell off all the buyers vanished. Now suddenly were back dow surging 328 points and s p jumping and nasdaq pulled 1. 87 . Why . Why did it happen . Why was so great today because today is merger monday monday used to be the day we always came in and merged and stopped. Guess what its back and bigger than ever so i bought out the merger both. Merger. Merger merger. Yes i havent used the merger both, i dont know, four or five years and its back. All right, all right, all right. Back and bigger than ever. We spent a lot of time trying to figure out what stocks are worth, right the price to earnings. Price to sales and book value. All that stuff we try to do. There is another way to value this business. You look at what another business might be willing to pay for that business and today we got a wave of huge mind numbing deals that suggest there are many real bargains in mna. Merger. Merger merger. L ....
For a time you want. To marry much alive when you travel guides especially in germany. Recognizing where exactly. The laws are sculpture history. To travel extremely worth a visit. Us china trade taipei fresh low as washington accuses beijing of economic espionage this they get the box office when theyre ready turbulent relationship thats seen both sides order each other to close consulates well ask our correspondent in new york how did the fox could affect a post pandemic recovery. Coming up germany prepares to overhaul its financial regulator over its failure to uncover a major scandal out in tech giant wired current. Their one of germanys top Tourist Attractions is starting one of it best known product but even beer gardens are struggling because the codex 19 of. This business im Kate Ferguson welcome to the show the relationship between the worlds top 2 economies has ....
Inflation had markets wondering what comes next. What comes next is the cpi at 8 30. Crude oil prices are slightly higher. Up. 80 . Now to the latest headlines in israel. The minister of energy and infrastructure saying overnight the siege of gaza will not be lifted until the hostages taken by hamas are returned home. In the meantime, u. S. Secretary of state blinken arrived in tel aviv today. He is meeting with Prime Minister benjamin netanyahu. The Palestinian Organization posted on x that blinken will meet with abbas tomorrow. That is coming up tomorrow and the expectation is any invasion of gaza will not happen while blinken is there. That is in the next sixtoeight hours. White house officials saying they arie leaving open the possibility of refreezing the 6 billion after the prisoner swap with the support of hamas attacks on saturday. U. S. Spy agencies have ob ....
The us supported front, so the conflict that ultimately led to the vietnam will broad as this tripled a wage stove, 8 weeks in a remote board area, or of northern vietnam. The battle of jim getting food would have global repercussions. A modern french force defeated by a gorilla army, despite support from the United States. The battle and indo china is critical. And i expect the french join. It led to the us filling the void left by the defeated french, but they couldnt stop the north, ultimate victory in the viet nam war 20 years later. This is a mammoth display of National Unity because fighting and defeating the foreigners, this part of the gentleman sea of the regime, given pride of place, that the celebrations vietnamese veterans of the battle now well into then ninetys and then the okay, so you are young at the time used to hardly mean we can have enough to wait, but we ....