The major issues the Incoming Biden Administration may face . Guest one thing that the bike administration pretty early on is going to figure out is they are inheriting at the very least a google antitrust lawsuit from the doj. Speculation about how politically motivated that it y been but nevertheless, the actual textual thing, its fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay, almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of group of ags but they are all republicans do we know democrats are looking at the stuff, too. So how expensive do we want to go on at the trust . Host do you think it would be more expensive expansive tha Trump Administration . Guest thats the expectation. Over the last couple years its been rigorous inter
Branch with a colossal fine. I told you it was unlikely that deutsch bank would go under. Still we were bombarded by calls that this was the next lehman brothers, wall street code for its the end of the world as we know it. So today when we learned that the Justice Department might be on the verge of settling with deutsch bank for a substantially less amount, for just 5. 4 billion, basically what the bank had already set aside to deal with its legal costs, that took the arm ageden scenario off the table and the market roared higher, dow rocketing 165 points, s p soaring 1. 8 , nasdaq pole vaulting 1. 8 . Thats as good a place to start our game plan as were going to find. On monday hopefully the Justice Department and deutsch bank will agree to a settlement that doesnt exceed the 5 billion to 6 billion that deutsch bank has set aside for it. If thats the case, we should come into mondays session with a nice wind at orbacks. More later about how things really work behind the scenes in th
The german 10h year dropping to record 1. 12 and the road map begins with u. P. S. Failing to deliver and missing the estimate s and lowering fullyear guidance and merck and pfizer are beating expectations and both citing new drug offerings. And darton ceo Clarence Oden will be stepping down after more than ten years on the job at darden and still a fight over the board of directors. All right, meantime miss for u. P. S. And the Company Posted a a profit of 1. 21 for the daily rate and they also lowered their guidance wend will talk to the ceo curt kuhn and in terms of the packages, domestic daily up 7. 4, but the rates even though they are going up, people are finding ways to ship less and less. But they are spending a lot of money and that is one of the misses so is that what didnt happen in christmas time, and remember, all of the overtime costs, and dont let it happen again and the stock come canning in well behind the rest of the group. I didnt think it is that bad, but everything
Belpointe Asset Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 213.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,934 shares of the exchange traded fund’s stock after buying an additional […]
Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 54,900 shares, an increase of 707.4% from the April 30th total of 6,800 shares. Based on an average daily volume of 21,000 shares, […]