Potentially coming close to price later tonight. This could be the biggest ipo of the year but we are getting word that that also could be coming in at the lower range. It will be interesting to see what Risk Appetite is like or if it can be measured through what has been going on with these ipos. Taylor we are awaiting some earnings and starting to see Western Digital and a few others start to trickle out. I wanted to pose a question to dennis. You were talking about real rates being low and what that just your equity markets. Do you believe rates should be the slow and if so, what is that doing to an inflated discount rate and how does that translate into what should be effectively higher valuations or can you not use 50 basis points as a discount rate because it is not feel appropriate . How are you thinking about that . Points i think 50 basis is a fair discount rate if you have a global savings. There seems to be a desire for Institutional Investors around hold risk. O that is bec
Unstable conditions brought record rainfall to the prefececture on tuesday. The river overflowed its banks late tuesday and early wednesday. The a agency and the land mininy are calling o on residents to exercise maximum cauaution a an stay up too datee on lococal evacuation information. The risk of flooding is extremely high in other places along the river where water levels may stillll be rising. If flooding has already begun, people are advised to seek shelter in sturdy buildings nearby or on the upper floors of their home. Unstable conditions are forecast for wide areas of the country on wednesday. Eastern japan and northern kyushu could see localizeded downpours. The Meteorological Agency is urging people to stay on the alert for mud slides, landslides, and gusting winds. The coronavirus continues to spread a across japan. Nearly 1,000 cases were reported on tuesdsday with several prefectures reporting new daily records. Translator weve confirmed 155 infections. The number shows t
To welcome bacack visitors. Our americaca are americas tech giants killing the competition . Google and amazon, defending their companies today in a grilling by u. S. Lawmakers. And feeling close to your god by keeping a distance from others. The annual pilgrimage which normally draws millions of worshipers begins under tight pandemic restrictions am drastically diminished numbers and drastically diminished numbers. Im brent goff. To our viewers here and around the world, welcome. The u. S. Has unveiled plans to withdraw nearly 12,000 troops from germany. A third of its military footprint in the country. President trump testifying the move today, saying germany has not been paying enough for its defense. The u. S. Did not want to be the suckers anymore. Term in leaders say they regret the decision. German leaders say they regret the decision. Reporter the reduction of troops stationed in germany. Even more will be leaving than expected. The u. S. Secretary of defense announced the with
Going down. Look, i have the i have a list in my hands, like senator mccarthy of 54 known stocks in the s p and how they would do inverted the top 20 ive been working on. Three are hurt 17 that win. If everybody decides that theyre going to pay less for every stock because of this, all lose the algorithms are set to make sure all these use our economy is not as uniquely sensitive. These are not exporters that need to have a dollar weaker dollar is just getting stronger. Extraordinary rally in the dollar dont want to see it i struggle to reach a conclusion that this is all bad given the fact that germany had rates for some time and the market is not doing that badly, even though they have an export economy and their dax, real terms, is up even though theyre exporting right to china in and those sales are weak as we see the numbers from china it is not the end of the world or the German Market would be down. No one is asking if it is the end of the world if it is the end of the cycle, ri
Denny, welcome good to see you. Thank you for having me appreciate it. Weve got about a hundred s p names on the tape so far for the quarter and in tech, at least, if you strip out netflix, what has there been to complain about, really . There really hasnt so far. You know, the numbers, particularly if youre focused on companies with Long Duration competitive advantage and you would highlight over the last couple of weeks, weve seen microsoft, for example, put up exceptional numbers, as the cloud transition continues and azure continues to ramp and you know, its just amazing, if we think about the numbers there of their commercial Cloud Business, which is effectively the size of Amazon Web Services. Its a different kpocomposition, mix of business. But both of those businesses are growing 40 at 40 billion annualized its pretty remarkable numbers so, you know, a great area to continue to be in. Microsoft, you know, still trades at, you know, an evaluated but reasonable valuation. Asml pu