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June 23, 2024
Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have m...
June 23, 2024
Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have m...
June 23, 2024
Time according to deal logic. It is also the biggest to involve a controversial tax strategy called an inversion. In this case the deal would move pfizer to ireland, allowing it to slash its federal Corporate Tax bill. The news today sent shares of both companies lower. Meg tirrell reports on the biggest takeover in the health care industry. The pfizer allergan deal combines the makers of the popular drugs lipitor, lyrica, and viagra with the maker of botox. The new company is expected to have m...
June 23, 2024
Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irration...
June 23, 2024
Good morning and welcome to Worldwide Exchange. Its been a wild week for the markets and a little bit of respite coming today. Lets get you up to speed on what happened while you were sleeping. China suspend its market Circuit Breaker system set the yuan midpoint higher as well for the first time in nine days. Reuters is reporting that chinas Foreign Exchange regulator ordered banks to limit purchases of u. S. Dollars for the rest of the month. Chinese stocks rising about 2 . A lot of wild swing...
June 23, 2024
Did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and inherently irrational north korean government and thermonuclear weaponry is reassuring as it gets. The stock market in korea seemed to take the whole thing in stride dropping about a percent on the news or at least the tremors ...
June 23, 2024
There was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a har...
June 23, 2024
To go lower. You cant let the fears and there was a lot of fear today of concrete positives that might be happening under your nose. And thats still true even when everybody is picking out about Thermo Nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the peop...
June 23, 2024
Thermo nuclear war. Speaking of weapons of mass destruction lets address the elephant in the room at the top of the show frflt the moment we learned last night that north korea may have detonated a Hydrogen Bomb or claimed they did you knew today was going to be a difficult session. Markets like the people that trade them have always had a hard time factoring in potential nuclear catastrophes. It didnt feet great to rush in and take the other side of the trade. The combination of the unknown and...
June 23, 2024
To take the whole thinin strideropping about a percent on the news or at least the tremors before ultimately rallying. It rallied hard and finished almost unchanged. Theres no universe where we could be down more than south korea on these moves. At least no more worried than you were yesterday. Remember the North Koreans have had Nuclear Missiles forears no they conducted the First Successful test in 2006. All they have done here is go to be able to o ild more powerful nukes like 1952. The North...