One of the big topics of discussion was the presidential debate. President Joe Biden's poor performance has some Democrats calling for him to drop out of the race, Axios national political correspondentI'm Josh flip in for the next half hour.There is a lot to keep track of.Here are some of the trends we're going to be diving right into and just like that, we're halfway through 2024 and the market is all about a year to date.
You take a look at the sectors and uh you can see tech communicate, uh it's not communication services, that's XL C com uh discretionary, discretionary and then real estate.So big names, Jared, well known names, the big sectors under the hood.Guess what is in the number one spot?You're gonna see some pretty big return in there.Um Don't like solar right now.
All of this uh is relevant, Josh, because it kind of paints a picture where we might be echoing uh uh an epic from the past. And you can see uh that the rest of the year trails off in July, you still average, you see to fall, but then the things get a little bit dark, they get a little bit dreary in there and then look at November, November, guess what happens in November.Now, this is just, this doesn't, isn't geared towards election years, the presidential cycle.So that's when you see the vic shoot up a lot of years.So all in all, I'm expecting a positive beginning to the beginning to July.
Yeah, I think it will um you know, you have an event where there's broad global scale, um millions of people are attending, you know, thousands of vendors are being used, you know, throughout the event over a, you know, relatively short period of time, which just presents an enormous opportunity for supply chain attacks.
And then, you know, I suspect we're gonna see uh some increased use of, of A I kind of throughout the games both in the way, in the way in which they're kind of presented, but also the way in which uh they're produced. And it just means that those that are participating in the games are a part of the, you know, the game's production need to really remain vigilant and do what is necessary to become, you know, protected as an organization.On the other hand, though, would you expect cyber security officials to also integrate, deploy A I defensively?So the good news is it can be used, you know, defensively.Um And, you know, I think there's a healthy balance there.
So, let me give you the headlines first and then explain what's going on here and why we're learning about this right now.That is an increase in the company's, uh, dividend here by, uh, a few cents here.And Jp Morgan is also planning, um, a new buyback plan of up to $30 billion.Wells Fargo said it's going to boost its third quarter stock dividend to 40 cents a share.
One is there's already some internal finger pointing over what just happened about and some of it's directed towards Biden, but all so some of his directed toward the debate prep team, um and feeling that they probably over prepared him, sort of like stuffed his head with a bunch of stats and minutia.
And so this debate was sort of seen as a way of reminding voters, Donald Trump could be president again, but instead of it actually rebounding to the Biden team's benefit. I wonder though, what do you make of sort of um Joe Biden's role here, you know, and her possible impact and influence because she is very active, Alex and of course, very involved you see here there.
I mean, she's very, very involved and as long as she still wants to run, I, I imagine Joe Biden wants to run too.It's gonna be really fascinating this weekend because Joe Biden does have a few fundraisers including in the Hamptons tomorrow night.The Hamptons are sort of notoriously known as being difficult donors quote unquote and that they, they ask very hard questions.And I'm really curious to see, you know, if, if they feel they see him tomorrow night and aren't impressed.
Uh The company is also withdrawing its carbon emission goals and focusing on land and water conservation efforts. Here, there are a lot, a lot of companies who have sort of more quietly backed away from these goals and these roles, tractor supply. Wealthy Parents Are Sharing The “Final Straw” That Made Them Financially Cut Off Their Entitled Kids, And Oh My God
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