Recovery will be slower without additional stimulus, but more aid may require cooperation between democrats and republicans. Mindaltering drugs, is it time to invest in pot stocks . Ben levisohn, carlton english and reshma. Ben, voters are always half unhappy, half happy after an election, but investors were clearly gleeful, and the market was up 7. 5 , almost 7. 5 , its best postelection return since 1932. Break it down for us. Yeah. I mean, its a new narrative going around the market now. Before the election it was all about the blue wave and how you were going to get this massive stimulus thats going to drive the market. Now its about glued lock, that were not gridlock, were not going to get tax increases, massive spending, but without the tax increases, everythings going to be okay. Were basically going to have status quo with some small changes around the edges, and you could even get lucky e and see a little cooperation between biden and mcconnell who knew each other from years i
Recovery will be slower without additional stimulus, but more aid may require cooperation between democrats and republicans. Mindaltering drugs, is it time to invest in pot stocks . Ben levisohn, carlton english and reshma. Ben, voters are always half unhappy, half happy after an election, but investors were clearly gleeful, and the market was up 7. 5 , almost 7. 5 , its best postelection return since 1932. Break it down for us. Yeah. I mean, its a new narrative going around the market now. Before the election it was all about the blue wave and how you were going to get this massive stimulus thats going to drive the market. Now its about glued lock, that were not gridlock, were not going to get tax increases, massive spending, but without the tax increases, everythings going to be okay. Were basically going to have status quo with some small changes around the edges, and you could even get lucky e and see a little cooperation between biden and mcconnell who knew each other from years i
It was necessary. I can move, going to hit squads, nerve agents and hackers, so in chaos. A New York Times vacancy for a moscow correspondent reis, like something straight out of a spy thriller has always got away. Is the guest on cars report up next, plus the latest, of course, olympic point. War against china . At 7 am moscow time to bring you the latest. Well see you back then climaxed kaiser. This is the kaiser report. Have we hit peak bitcoin . That is a good question because you know, more and more billionaires around the world are getting into big coin and massive sort of Asset Management. Companies like black rock are getting into big. So max keiser this week, you tweeted a serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . But remember the old peak oil or peak gold arguments that were running out of oil are running out of gold. That of course, is not true, but in the case
New fresh printed euros. I believe it was Christine Legarde over there at the e. C. B. In the past week. She said they will never run out of your us that they could print. So theyre printing printing printing. And in the meantime, we have these major billionaire investors. Weve covered almost all of them entering the big question space, calmly fomalhaut alang as we call it. So theyre removing their big question from the exchanges. Unlike in 2017, when it was a bunch of Retail Investors around the world who panic bought and panic sold, you know, these guys are, you know, steady calm, just gobbling out all the big kind they can get and removing it to their hard wallets, their own. Under their own control, right . Still waters run deep. And what were seeing on the exchanges, all the major exchanges is that their inventory of coin that they keep on hand to make markets is disappearing. Theyre running out of coins and very few coin coming into the market. And just the 4 biggest institutiona
Amd to buy xylinx. Is there more room to run on amd . Well explore that one when power lunch begins right now earnings season is supposed to be a report card for companies. Lets go to bob pisani for more on this lack of guidance bob . Kelly, once again, the Fourth Quarter, another quarter with the lack of guidance its a bit of a problem because the analysts again having a hard time figuring out what the right numbers are. Remember, the earnings numbers have been coming in very well, generally weathering but again, big companies, no guidance from caterpillar, 3m, xerox, Stanley Black and decker. Others like Harley Davidson didnt give guidance either. Raytheon, corning. No guidance from companies. Analysts have a tougher time and theyve been very conservative and wrong so far fortunately wrong on the conservative side. Look at all these companies out there. 83 are beating for the Third Quarter and theyve been beating by almost 20 . Its an amazing beat and shows you the analysts have been