Secretary mnuchin resuming talks and as carl just said, stocks are set to rally at the open despite ongoing fears, where are the opportunities for investors . Were going to have a look at the sectors and the stocks that could still be poised for growth in this ongoing and still a covid market as we say, carl, with cases at highs in many states yeah. Indeed though, jim, although there is a lot going on this morning, got to start with the chip story you made the wires by suggesting that xilinx may not be ready to sell. I had the ceo on in august, hes so excited about all the new markets that hes going into hes talking about video, live video streaming hes coming into, auto exposure. The problem is every one of those dove tails perfectly with advanced micro i can see the ceo saying all the areas we need to be strong in, xilinx can give it to us i also see that victor, when he was on, was saying, this is new for us, were just doing this. This is not like when altera was going to be sold to
Paying more than 1 billion australian to settle a Money Laundering allegation, the largest corporate find never levied in australia. Tiktok drama turns another page, owner bytedance asking a judge to halt the ban in america, Chinese State media slamming u. S. Dirty trip u. S. 30 tricks. We heard from larry kudlow in the last few minutes, downplaying expectations we will be getting any more fiscal stimulus through the pipeline, larry kudlow saying he doesnt think the u. S. Needs another stimulus package and that they will be doing targeted measures only and need to be smart about this measures. This comes after course of fed officials, including chair powell, saying there is a long way to go for the economic rebound, we heard from several others, all saying there is further need of more fiscal stimulus to do that heavy lifting. And that comes after congress ended its pursuit of a bipartisan spending bill and are now focused on replacing Ruth Bader Ginsburg on the supreme expected thisin
Deadlocked on stimulus we know the economy needs more stimulus, certainly pockets of it do. Does the stock market, though . What is if it doesnt happen im not sure if the stock market is pricing it in, happening right now. I mean, theres no scoreboard that i can tell you definitively its being priced in, but i dont think its in there. So if you do get something, i think it will be good for sentiment and it will probably lead to new highs, but if you dont, independent nm not sure as wbig of a disappointment as i would have thought six months ago. A lot of works continues to work, ive been talking about the housing stocks all year. Lows in particular in that index, low looks prime for a mega breakout, about to take out previous resistance, put that one on your radar. And then theres leadership from energy today, which is kind of weird. We were looking at some of these names and exxon could double from where its trading right now and still be negative on the year thats how beaten up this
British police double during a covert health crisis. Ok now and stay with you next hour with the latest news from around the world cannot now the kaiser report. As or this is the kaiser report what does it mean to go on. Face max we are going orange here on kaiser report that is the opposite of going dark were going to are making ourselves antifragile were making ourselves immune to those who would censor and that includes going to our new handles mines dot com for its last Stacy Herbert and you can see that right here on the screen hopefully and then from max you go to mines dot com forward slash max keiser its more resistant to censorship so you should check us out there oh yeah definitely we know youve got to stay agile and in the words of the of nasima or not seem to love depending on whether you want to process them correctly answer fragility would include a certain amount of agility and so we want to get off platforms that are prone to censorship and move toward the world of bein
Am max foster this is the kaiser report. What does it mean to go on. Face max we are going orange here on report that is the opposite of going dark were going to are making ourselves antifragile were making ourselves immune to those who would censor and that includes going to our new handles mines dot com for its last Stacey Herbert and you can see that right here on the screen hopefully and then from max you go to mines dot com forward slash max kaiser its more resistant to censorship so you should check us out there oh yeah definitely we know youve got to stay agile and in the words of the of nasima or not seem to love depending on whether you want to count as they incorrectly answer fragility would include a certain amount of agility and so we want to get off platforms that are prone to censorship and move toward the world of being on censored also of course this is 2020 and things are crazy and some great minds have been exiting the world speaking of minds but also speaking of nass