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Added on the 11/03/2018 17:20:49 - Copyright : Wochit
Republican lawmakers pass an immigration package that would restart stalled construction of Donald Trump's southern border wall as the United States braces for a sudden increase in migrant crossings from Mexico. The Secure the Border Act of 2023, which advanced from the Republican-led House of Representatives on a roughly party-line 219-213 vote, would reintroduce several signature Trump-era measures, from completing the wall to bolstering asylum restrictions. IMAGES
The Wall Street Journal reported Pfizer cut the number of vaccines it planned to ship in 2020. According to Business Insider, this is due to supply chain delays. Sources say Pfizer sourced materials and set up supply chains while developing a vaccine. This is an "unprecedented" move in the world of medicine and vaccine development. But Pfizer and BioNtech maintain they will produce 1.3 billion doses by the end of 2021. The company says there is no change to Pfizer's vaccine commitment to the US, however.
An RBC Capital Markets analyst says that based on recent options trading, the market believes the next US president will be known by November 6th. However, Amy Wu Silverman, RBC's head of derivatives strategy, believes the risk of a contested election is 'severely underpriced' in the stock market. According to Markets Insider, the stock market is eagerly waiting for Congress to pass the next fiscal stimulus package. However, no progress will be made until a clear winner of the election is determined. We in the options market think about tail events, my worry now is that maybe a situation coming up where there is not a clear winner for a while. Amy Wu Silverman, Head of Derivative Strategies RBC Capital Markets A tail event is an unpredictable and rare market outcome that could come as a shock to investors.
New York, Oct 4 (EFE) - It is not on the border between Mexico and the United States, but rather exposed in a New York neighborhood, nor is it constructed with wire, iron or concrete, but rather built on lies, on more than 20,000 lies that President Donald Trump has allegedly uttered since he took office in 2017: It is the Wall of Lies. FOOTAGE OF THE WALL OF LIES AND STATEMENTS BY TOM TENNEY, DIRECTOR OF FREE RADIO
A Credit Suisse analyst says that if Joe Biden wins the US presidential election in November, it could spur a 'knee-jerk' pullback in the stock market of 5%. According to Markets Insider, senior investment strategist Suresh Tantia said that was due to the Democratic nominee's stance on corporate taxes. However, Tantia said investors should look at such a pullback as a buying opportunity, as Fed support will keep driving markets after the election. The central-bank support is not going anywhere. The Fed is going to keep rates lower for longer, similar to other central banks. Suresh Tantia, Senior Investment Strategist Credit Suisse Tantia's tip for traders? Investors should seek out equities in Asian markets, as they are cheaper than US stocks and have strong earnings.
Former top Trump strategist Steve Bannon exits Manhattan Federal Court after he was arrested and charged along with three others for defrauding hundreds of thousands of donors in a Mexico border wall fundraising campaign. IMAGES
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