Markets down big on the back of 2nd European Covid Wave.
Markets are down 2.5 % except for Nasdaq 1.7%, S&P 500 down
over 2%. Hospitalizations are up. Caution going into the election.
All election induced. How long with the post-election chaos last
for? Probably the most divided time for our country since the Civil
War. Hopefully people will wake up. Biden’s campaign is flagging.
He’s unintelligible. He’s been on the take for decades. The laptop
disclosures have been shocking. Word is getting out, despite
efforts to supress the story. Trump supporter caravans are breaking
out all over. 5th Avenue in New York.
Anti-covid riots cropping up all over Europe. People are done
with this. They want to get on with their lives. Will they be able
to lockdown everything again.
3.Earnings are coming but they are taking a back seat to the
election and Covid. Highest number of reports coming this week.
SAP, huge German company getting absolutely slaughtered, down
24%.
Election outcome, you can speculate on your own.
Gold is up slightly. Silver down about 1%.
About the Podcast
The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!