The U.S. presidential election is days away and the stock market is in freefall. But there’s one little-discussed outcome that could be very good for the S&P 500. No, it’s not a so-called Blue Wave, with Joe Biden winning the presidency and Democrats taking the Senate. Nor is it a Donald Trump victory, with the …
‘When I said that I think Trump is going to win in 2016, I also said that, if you think 2016 is weird, just wait for 2020. Well, if you think 2020 is weird, just wait until 2024. You ain’t seen nothing yet.’ That’s “Bond King” billionaire and DoubleLine Capital boss Jeffrey Gundlach striking an …
Continue reading “Bond King” billionaire Jeffrey Gundlach predicts Trump win”
The stock market’s Friday fall spells trouble for President Donald Trump’s re-election hopes. The “Presidential Predictor,” popularized by Sam Stovall, CFRA’s chief investment strategist, tracks the S&P 500 index’s SPX, -1.21% presidential election-year performance from July 31 to Oct. 31. Going back to 1944, it’s found that a positive move over that period usually corresponds …
Continue reading “The stock market’s ‘presidential predictor’ is forecasting a Biden victory”
President Trump has reportedly called off plans to host an election night event at Trump International Hotel in Washington, D.C., a person familiar with the plans told The New York Times. The source told the Times that Trump will instead likely remain at the White House on Nov. 3. The president’s son Eric Trump in …
Continue reading “Trump changes election night plans, cancels party at Trump International: report”
The U.S. has reported a record-breaking number of new coronavirus cases, continuing an alarming surge and stoking concerns from health experts that the nation could be in for a difficult winter. The country reported 83,757 new Covid-19 cases on Friday, passing the last record of roughly 77,300 cases seen on July 16 as the …
Continue reading “US sees record 88,521 new daily virus cases”
Another 77 deaths were reported in the past day That brings the total number of confirmed cases to just shy of 500,000 with over 130,000 active cases seen across the country as of yesterday. Meanwhile, the 77 deaths today brings the total tally on that front to 10,349 persons. There are now 314/412 – an …
Continue reading “Germany adds record 18,681 COVID cases, 77 deaths”
https://youtu.be/WBtTtQubkCQ Trailing in the polls and with little time left to change the trajectory or closing themes of the presidential race, President Donald Trump has spent the final days of the campaign complaining that the coronavirus crisis is getting too much coverage – and openly musing about losing. Trump has publicly lamented about what a …
Continue reading “As Election Day nears, Trump ponders the prospect of defeat”
The U.S. economy grew at its fastest rate since records began in the third quarter, reversing much – but by no means all – of the output lost in the second quarter under the impact of the coronavirus pandemic. The Commerce Department said gross domestic product grew at an annualized 33.1% in the quarter, after …
Continue reading “US Q3 GDP growth at all-time high of 33.1%”
In a stark TV address to the nation, the French President warned: “The virus is circulating in France at a speed that even the most pessimistic forecasts had not anticipated.”We are all overwhelmed by a second wave which we know will arguably be tougher and more deadly than the first.”The new lockdown, which will run …
Continue reading “All French regions placed on high virus alert – Macron”
Nick Bit: This guy in the video is a liberal PC lefty. All I got to say to the indigenous people everywhere is this. If you can’t defend you land you can’t keep it. So get over it. That is how the world works. I am not apologizing for nothing…. In the waning days of …