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Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America FirstNikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarte ....
And we expect a normalization of that. But you need to remember as well that in our case, we have been working to stabilize, grow the franchise, recover some market share, so what we are pleased to see is that underneath that sort of outperformance in the market environment that we have been in, we have seen really good franchise stabilization traction , client engagement, improvement in clients. We think that bodes well for the future. You are expecting slightly higher revenue for the full year. Not too conservative now given what we have seen in the first half . It it would be james would be a normalization but i think an improvement on last years second half. Again, especially in our businesses, where a year ago, we were going through a restructuring and there was some uncertainty around our people and franchise, so with that now behind us, we see momentum in the core business, and we would like to see a secondhalf performance well ahead of last years second half, but we will see ho ....
Are so wide in disparity. Are bravehose who enough for dumb enough to time this market, we have not seen back to back gains since february 12. We have had this seesaw where we have this string of declines, then this rally, that it resumes the decline. Scarlet i am taking a look at the scope of the moves. When he 3 . Almost a quarter of the members, 10 today. That sounds like a lot but yesterday, on a day in which the s p declined 11 , two thirds of its members. Not even close to what we had seen yesterday. The big movers are really in the defensive set ears. People ares if saying risk on and romaine we are talking about the mechanisms of the market here. Joe the nasdaq up over 7 . Some talk about some of these Tech Companies being popular because they are kind of the new staples. A lot of them have really good Balance Sheets. Even a company like apple, which is exposed to so m ....