Three Former U.S. Presidents Speak Out Criticizing Trump
According to Jinshi, former U.S. President Bill Clinton delivered a speech on the morning of the 19th local time at an event in Oklahoma City, comparing the way the city came together with the current state of national division. Clinton said, "If our lives are dominated by the attempts of those we disagree with, then our 250-year journey towards a more perfect union will be at risk."
In just a little over two weeks, this marks the third former U.S. President to take the public stage to issue a warning against the current occupant of the White House. On April 3rd, Obama delivered a speech at Hamilton College in upstate New York, pushing back against Trump's measures towards universities and other institutions, urging those with resources to fight back. On the 15th, Biden made a speech in Chicago, condemning Musk's move to cut social security spending.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays cuts Netflix target price to $70
Barclays has lowered Netflix (NFLX.US) target price from $80 to $70.
Barclays raises Thermo Fisher target price to $750
Barclays has raised the target price for Thermo Fisher Scientific (TMO.US) from $650 to $750.
BUZZ-RBC Downgrades Building Materials Companies, Warns of Headwinds in 2027
On October 7, RBC Capital Markets downgraded the ratings of construction materials companies Builders FirstSource (BLDR.N) and Owens Corning (OC.N) from "Outperform" to "Sector Perform." The brokerage also downgraded flooring manufacturer Mohawk Industries (MHK.N) from "Sector Perform" to "Underperform," citing weak flooring demand and increasing price and cost pressures. Shares of BLDR, OC, and MHK fell 1% to 2% in pre-market trading. RBC noted that new residential construction faces the highest risks, while other construction markets remain uneven. With ongoing inflation and cost pressures, RBC prefers distributors over manufacturers. Near-term performance may be mixed, but due to timing issues, more significant challenges are expected by 2027, which could lead to considerable stock price volatility, according to RBC. Target price adjustments for specific stocks are as follows: Company Name Previous Target Price Current Target Price Builders FirstSource $88 $62 Core & Main $60 $57 Ferguson Enterprises $290 $286 Fortune Brands Innovations $57 $49 Installed Building Products $228 $208 Masco Corporation $72 $69 Mohawk Industries $130 $112 Owens Corning $172 $127 QXO Inc. $27 $18 SiteOne Landscape Supply $135 $124 Whirlpool Corporation $32 $22 (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Due to the possible inaccuracies or contextual omissions of automated translations, Reuters does not guarantee their accuracy. The automated translations are provided for the convenience of readers. Reuters accepts no responsibility for any damage or loss caused by use of the automated translation functionality.)
Strong demand for UK government bond auction
(1) The UK Debt Management Office issued £1 billion of government bonds through a programmed auction, with a coupon rate of 0.25% and maturing in July 2031, receiving strong demand. (2) The awarded yield was lower than the yield offered by sellers at the time of bidding, with a high bid-to-cover ratio and a narrow tail spread. (3) Specifically, this 4.75-year bond achieved an average yield of about 4.84%, roughly 2 basis points below the sellers' offer, with total bids amounting to approximately £4.39 billion, a bid-to-cover ratio of about 4.4 times, and a tail of about 0.3 basis points.
Crypto prices
More
