Philips beats expectations in the Third Quarter, sending shares higher in early trade this as the dutch Health Tech Company also backs its outlook. The world needs more Productive Health technology, find new ways to connect patients to doctors, overcome the pandemic and philips is very well placed for the coming years to benefit from that. And chinas gdp rises 4. 9 in the Third Quarter as strong growth in retail sales and Industrial Production support the economys rebound. But the data slightly misses expectations so, there are three parts if i can put it more sub sectors and ideas, one, whats going on politically and economically and on a corporate front this week promises a lot of information on all of the above. Maybe not conclusive information. As the u. S. Elections. Such as brexit were getting to a very key crunch moment as well. Because lets face it, weve got around 15 days until americans have their vote, theyre already voting in droves by the way in the u. S. Election. Not muc
The 11 state voting on supertuesday and alaska six days away. Jtb the fidelity account, 595 delegates in the jackpot, the biggest pride is texas, for a big chunk, 155 delegates in texas up for grabs but more importantly the senator ted cruzs home state, if ted cruz cannot win texas experts are saying he will likely have to give up his bid for the presidency. Marco rubio and john kasich face a similar three way from florida and ohio and their primaries, political panels, the gop race could be over before march madness has started. The wall street ornament is on, Dow Jones Industrials down 15 points after having been lowered by 265. It is a mix up as the markets try to beam to the green. Jawboning over the phrase ends toying with the american markets and your money as we speak. Former state department official, fox news middle east terror experts walid phares live to tell you if america is less safe for 30 oil and how iran is holding the leash right now for our market. That start the cou
All right, lets get right to it on a friday night. If things continue to get worse, where do you put your money . Lets get in the money and do it right now. I think you want to go for some safety here. The things working all year long have continued to work. Maybe some high growth evaluation and tech names have gotten hit here. That being said i think they will hold between now and the end of the year. If we get a rate increase, i think you want to go defensive. I think you have to go back to that playbook where rates are low and youre looking for yield. That is a reason that well be talking about utilities. I think utilities are the space to go to. You will get the increase most likely but not hawkish talk. Isnt that the contrarian side. When the markets get woolly, and i think it is important to remember that yes, they are a place for yield, but the dividend yield they provide goes up. Index to inflation. So you dont need to sell utilities simply because you think there is a rate hik
And it could spell trouble for the stock. The action begins right now. All right. Let us get right to it on a friday night and here is the question. If things continue to get worse and it is a big if, but if they do, where do you put your money . Lets get in the money and find out right now. And dan, well begin with you. I think you want to go with some safety here. We know a lot of you guys that have been talking about, things that have worked all yearlong tonight to work. Some of those high growth, high valuation tech names did get hit today. I think theyll hold in between now and the end of the year. If we get a rate increase i think you want to go defensive. I think you have to go back to that play book where rates are going to be low and youre looking for field and thats one of the reasons well be talking about utilities. I think utilities is the space to go to because youre going to get the increase possibly. Isnt that the contrary side . People say well, dump the yield stocks. I
Most important sectors in the market. Here is a hint and it could spill trouble for the stock. The action begins right now. All right, let get right to it on a friday night. If things continue to get worse, where do you put your money . Lets get in the money and do it right now. I think you want to go for some safety here. The things working all year long have continued to work. Maybe some high growth evaluation and tech names have goten hit here. That being said i think they will hold between now and the end of the year. If we get a rate increase, i think you want to go defensive. I think you have to go back to that play book where rates are low and youre looking for yield. That is a reason that well be talking about utilities. I think utilities are the space to go to. You will get the increase most likely but not hawkish talk. Isnt that contraian side. When the markets get woolly, and i think it is important to remember that yes, they are a place for yield, but the dividend yield the