At their highest level ever. But the best trade may be emerging far away. The eem is far outpacing the s p 500 over the last three months a nosedive in the dollar it is at its lowest level since april 18 is it time to rotate out of the u. S. And look abroad for the next big trade, tim . It seems like it could be a rerun of creating a globe. These are dynamics we havent seen in a long time. If you look at where the dollar is if you are investing in emerging markets, the currency is at least 50 of your return profile and high yielding currency is a driver of this reality but its the turkish and african moneys the blowoff top was around 51. 75. I think you have rates moving higher, but normalizing. Normal high rates for em arent good if you look at the source trade and things moving around the world, some of this is about a global recovery. In some sense at least, the u. S. Dollar and rates will stay lower for longer and thats fantastic for the rest of the world. We may be in the depths o
More Mental Health and telemedicine options. Hello and welcome to axios Virtual Event health care 2021. I am sam Baker Health Care at are coming to you from my home in washington dc. I would like to thank the United Health. For making these conversations possible and thank her audience. Follow along on twitter using the or following. Over the next three minutes we will unpack best way to unpack Health Insurance access and coverage in the United States and exactly what that path forward looks like following the election and in the midst of a pandemic getting worse every day. Our first guest is senator tina smith of minnesota. Thank you. It is terrific to be with everyone today. I would like to start off framing this conversation. Obviously, Health Care Access and coverage has been a hot topic for a long time but i think the pandemic has highlighted and illustrated some of the gaps we are dealing with in the system. We have seen millions of people lose their health determines because the
Home in washington, d. C. I would like to thank United Health group for making these conversations possible. I would like to welcome our audiences. You can follow along on twitter using the axios events. Over the next 30 minutes we will unpack the best way to unpack Health Insurance access and Health Insurance coverage in the united states, and what that path forward looks like following the president ial election and in the midst of a pandemic that is getting worse every day. Our first guest today is senator tina smith of minnesota. Thank you for joining us. Sen. Smith thank you, sam. It is terrific to be with everyone today. Insurance has been with us for a long time but how has the pandemic shaped how you view this problem of health care coverage. Do you see that differently now . Sen. Smith here we are in the midst of a Global Pandemic. Thatt is the pandemic asserted in my home to state of minnesota and the upper midwest that is surging in my home state of minnesota in the upper mi
How retailers are shifting Sales Strategies online this Holiday Season then, questions over astrazenecas vaccine trial, what the ceo is saying this morning. And finally what a salesforce acquisition of slack means at this hour. Right back at you in terms of this market action, we have seen it a lot, mike in terms of the dows performance this month there has been some rotation lets start there. Somebody this morning saying aerospace is up 40 . Which frankly i did not necessarily know it has been that strong in that short amount of time does it continue in this rotation or do we have to watch this in last day, day and a half of trading there has been a stutter step in that rotation. We had a couple of these since march. One of them peaked in june now it has been very, very aggressive aerospace is part of the industrials group. Industrials fully kind of got back to precovid levels and the valuations of industrial stocks are well above where they were based on expected earnings eight month
Loathe last nights debate, you know who loved it . The stock market which is why the dow surged 329 points today and nasdaq advanced 4. 7 what did the candidates say that got wall street so excited honestly, its more about what they didnt say, a lot of investors were worried trump and biden would try to score points. These companies if you dont plan to do anything about them not this time. When the candidates lay off the health care sector, the stocks roar one of my favs runs government sponsored health plan and does it better than anybody guess what happened . Stocks zoomed 4 . Anthem, cigna, united health, even cvs managed to rally. My trust owns it follow along by joining the actionalertsplus. Com club. Its been awful. Own your mistakes. We just bought more. 3. 4 yield i have parsed every word of that debate that was hard if you read the transcripts, it was bad. Chris wallace often picked on who told the president quote you in the course of these four years have never come up with a