Selloff on wall street as we are one week away from the u. S. Election. The dow down as much as 200 points at the low. The s p 500 closing at its lowest level since july 7th. And the nasdaq locking in its sixth straight day of losses for the First Time Since april. You have the vix soaring, gold jumping, high yield down in the last six and small cap stocks getting hit the hardest. So are election fears finally taking their toll on the market . Are things only going to get worse . Ahead of next tuesday . Guy. Things only going to get worse. That implies the market continues to sell off. Im not convinced its election fears. Were going to have that conversation. To me, more technicals. Why is it technicals . Ill give a quick example. Last night youve got great data in china, right . Great data. What i thought was pretty good data here in the United States this morning. We would have rallied a month and a half, two months ago, in a meaningful way in the s p. We didnt do it. Tried early, fa
Conversation with a foreign head since the election last week. Top of the agenda, as you mentioned, its going to be trade, its going to be business, its also about security at this point. Japan is the Third Largest economy in the world. Americas fourth largest trading partner. And very central to the transpacific partnership, the tpp, which a lot of people think the tpp is pretty much dead. Abe isnt convinced just yet. This is an attempt by him to maybe make one last push to convince donald trump of the merits of more global trade. Security is very important to japan given that they are in a region with a rising military power in the form of china. Donald trump has threatened to pull u. S. Troops out of the country. He has also encouraged japan to maybe seek a Nuclear Arsenal of its own to counter the weight of a rising Chinese Military power. But were going to try to get to an official photo later today. No video is allowed at this meeting because its seen as a less formal meeting. Th
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LEXUS has recently joined the EV race in the Philippines with the launch of the RZ 450e, the brand’s first model with the BEV-develop platform. Lexus intends not simply to deliver the benefits of zero-emission, all-electric driving but to capture the potential of BEVs to reinvent the driving experience. Seamless…