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...The Emerging Republican Majority by Kevin P PhillipsThis 1969 masterpiece explains Nixon’s “Southern strategy”, which used race, cultural issues and demographic shifts to destroy the Democratic majority...
...Stock traders have begun placing bets on an upsurge of volatility around November’s US election, which is shaping up to feature a tense rematch between President Joe Biden and his predecessor Donald Trump...
...Wall Street’s benchmark S&P 500 was 0.6 per cent higher in early trading, while the tech-heavy Nasdaq Composite gained 0.3 per cent....
...The benchmark S&P 500 was up 0.3 per cent shortly after the opening bell, while the tech-heavy Nasdaq Composite rose 0.5 per cent....
...Assume, then, that TMTG’s weighted average cost of capital falls from more than 20 per cent to 5-6 per cent, the S&P 500’s average WACC. Even then, we’re only at $51....
...Economic data: S&P Global publishes its manufacturing and services purchasing managers’ indices for the US....
...“Donald Trump was at 9/11 handing out water to help us wash out our eyes and he never talks about that.” I am somewhat surprised by this and ask Doctor P if he witnessed this himself....
...In 2016, the S&P 500 gained about 6 per cent in the six weeks following Trump’s win. Over his entire term, the S&P 500 gained 57 per cent, compared with 48 per cent so far under Biden....
...Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll that underscores the US president’s challenges as he squares off against Donald Trump...
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s CAC 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
...The S&P 500 is up more than a third since the start of 2021 and hit record highs this year. Unemployment is near record lows....
...To put this notion to the test, I ran screens (using S&P Capital IQ) of the S&P 500 big-cap and the S&P 600 small-cap indices....
...US President Joe Biden blamed Donald Trump for encouraging Republicans to torpedo what had been a bipartisan deal on funding for Ukraine....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...EV sales forecasts based on IRA impacts could surpass 4.6mn by 2030, more than double the previous expectation of 2mn, according to S&P Global estimates....
...Many of them put Donald Trump back in the White House in 2024....
...US stocks finished higher on Tuesday, with Wall Street’s S&P 500 climbing 1.1 per cent to a record-high close and the technology-heavy Nasdaq Composite gaining 1.5 per cent....
...Shares in Donald Trump’s social media business jumped on their Nasdaq debut, making the former US president’s stake worth $4.6bn....
...Palm Beach’s most (in)famous resident is Donald Trump, whom my guest has known for decades but — last we heard — disassociated himself from....
...Stock traders have begun placing bets on an upsurge of volatility around November’s US election, which is shaping up to be a tense rematch between President Joe Biden and his predecessor Donald Trump....
...In another test, S&P looked at US mutual funds....
...However, in terms of impact, the biggest election for emerging markets investors this year is not in any of these countries — it is the likely presidential election rematch between Joe Biden and Donald Trump...
...Trump’s bankruptcy protection: It is often said that Donald Trump’s biggest incentive to win in November is to keep himself out of prison....
...Somebody picks a basket of stocks like the S&P 500, for example, and then they build a fund to track those stocks. And they don’t make any choices beyond that....
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