Financial Review

Big Stuff


Listen Later

…..Macron v. Le Pen; Ce n’est pas terminé jusqu’à la fin. Big tax reform stuff on Wednesday. Big North Korea stuff tomorrow. Big net neutrality stuff Wednesday. Big government shutdown possible on Friday. Small 1Q GDP on Friday. Fewer bank branches in your future. Albertsons hunting Whole Foods. iHeart failure. Steve Ballmer has built a really big database. Financial Review by Sinclair Noe for 04-24-2017 DOW + 216 = 20,763 SPX + 25 = 2374 NAS + 73 = 5983 RUT + 18 = 1397 10 Y + .03 = 2.27% OIL + .06 = 49.29 GOLD – 7.90 = 1277.00   Last Friday we spent some extra time talking about the French election; thinking it might be a significant event for the markets. Results in France’s election on Sunday saw centrist Emmanuel Macron and far-right nationalist Marine Le Pen emerge as the top two candidates for a run-off in two weeks’ time. Early polling shows that Macron is expected to win by a wide margin, with one poll showing the 39-year-old is expected to get 62% of the vote. Le Pen is considered a risk to markets for a variety of reasons, including her vow to hold a referendum on France leaving the EU were she to win election as president. That is early polling and anything can happen in the next couple of weeks, and even if Macron wins, he will need to forge a parliamentary majority. But for now nervous investors and traders flipped the switch from safe ...
...more
View all episodesView all episodes
Download on the App Store

Financial ReviewBy Sinclair Noe