KAMALA HARRIS

The S&P 500 achieves a fresh record high for the eleventh time this year – this as U.S. consumer spending in January falls more than expected in what could be an early warning sign for the American economy. In Japan, the Nikkei moves close to levels not seen since 1989. Crypto exchange Coinbase sees shares surge more than 14 per cent in extended trade. CFO Alesia Haas told our colleagues Stateside that Bitcoin ETFs are behind the company’s first quarterly profit in 2 years. And we are live in Bavaria where U.S. Vice-President Kamala Harris ahead of the Munich Security Conference where she will work to assure European allies that Washington will honour its NATO commitments. 

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We all want love, that happily-ever-after feeling of finding your soulmate. What if someone not only claimed they could help you find that perfect partner, they guaranteed it? Jeff and Shaleia, a young couple famous on YouTube, teach about ‘Twin Flames' — a deep, romantic connection with your perfect partner in their videos. It’s divine love, you’re designed for no one else, and they’re designed for no one else. But the path to finding your Twin Flame isn’t so simple. Some followers claim they were encouraged to cut ties with friends and family that are holding them back, and to claim their Twin Flame by any means necessary. From Wondery, Twin Flames is a podcast about what happens when the quest for love turns into a dangerous obsession. Hosted by Stephanie Beatriz.

Listen to Twin Flames: wondery.fm/Kamala_TwinFlames

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President Joe Biden has confirmed he will be adhering to his 31st August deadline to withdraw all U.S. military personnel from Afghanistan despite G7 leaders pushing for an extension, amid continued evacuation chaos in Kabul. With a month to go before Germany’s federal election, the SPD has pulled ahead of Angela Merkel’s CDU by a single point - the first time in 15 years. In market news, the S&P 500 posts its 50th record session this year ahead of this week’s Jackson Hole meeting of central bankers. And Beijing has accused Washington of attempting to drive a wedge between China and its Asian neighbours as U.S. Vice-President Kamala Harris cranks up the diplomatic pressure during the second leg of her South-East Asian tour in Vietnam.   

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U.S. markets have had a strong start to the week with the Nasdaq reaching a new record high. Asian indices follow suit on Tuesday with Chinese tech firms rebounding from recent lows, giving the Hang Seng a boost. In vaccine news, the U.S. FDA fully approves the Pfizer/BioNtech vaccine, prompting President Biden to call on companies to encourage employees take up the jab. Meanwhile, U.S. Vice-President Kamala Harris continues her tour of South-east Asia where she reaffirms American support and cooperation for the region, in the face of Chinese ‘coercion’ in the South China Sea. We’re also in Dresden where German electrical giant Bosch has reopened a new semi-conductor factory. CEO Harald Kroeger tells CNBC that current supply chains are not sustainable. And, as the situation in Kabul continues to deteriorate, President Biden will consider extending the U.S. troop withdrawal from Afghanistan after attending a G7 emergency meeting on the issue. The Taliban has warned the 31st August deadline is a “red line” that should not be crossed. 

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Asian markets bounce back after multi-month lows while crude also recovers, having seen its worst week of trading for nine months. Meanwhile, U.S. Vice-President Kamala Harris embarks on a five-day tour of South-East Asia to reassure allies against growing Chinese power and influence in the region. In Germany, with just five weeks before the general election, the CDU and SPD are level in the polls on 22 per cent. Support for Angela Merkel’s party has dwindled recently – its largest drop in public opinion since 2017. And as the chaos in Kabul continues, we hear from NATO Secretary-General Jens Stoltenberg who says the alliance is working hard to evacuate citizens and personnel from Afghanistan, but admits it was blindsided by the speed of the Taliban takeover last week.

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Kamala Harris faces off with Mike Pence in the Vice Presidential Debate. The Senator accuses President Trump of the 'greatest failure in American history' in his Covid-19 response, but Mike Pence says Democrats are excessively pessimistic. Meanwhile hopes of a skinny stimulus package from the White House, helps the Dow rally more than 500 points to post its best day since July. In Europe, infections continue to rise with France reporting a new all-time high for coronavirus cases, as 19,000 people test positive over the last 24 hours. President Macron warns new restrictions will be put in place. Over 500 people are admitted to hospital in the UK as the infection rate doubles in a week, with Prime Minister Boris Johnson defending his local lockdown strategy. And in corporate news: Samsung says third quarter profit likely rose almost 60 percent driven by demand for devices and increasing chip orders.

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Asian markets plunge into the red on jitters over the U.S. pandemic recovery after the Fed paints a gloomy economic picture and hints at potentially more central bank measures to come in September. The Democrats’ choice for vice-president, Kamala Harris, officially accepts her nomination and tells the virtual DNC that the Trump presidency has left U.S. citizens in fear. Apple reaches a new milestone to become the first ever company to achieve a $2tn market valuation. This means the tech giant makes up to 7 per cent of the total worth of the S&P 500 index. And in Frankfurt, the DAX reshuffles its blue chips, pushing disgraced payment processor Wirecard out and letting Delivery Hero in, after the takeaway firm’s strong surge in performance during lockdown.

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U.S. indices remain defiant in the face of stalled virus stimulus talks with the S&P 500 closing just under record highs. President Trump calls Democratic lawmakers’ demands ‘ridiculous,’ as negotiations for a rescue package remain gridlocked. Joe Biden and his running mate Kamala Harris make their first joint appearance, and the Vice-Presidential candidate immediately launches an attack at President Trump’s handling of the Coronavirus pandemic. The U.K. is considering adding France to its quarantine list where case numbers have soared by more than 2,500 in a day. The British government is wary, however, of repeating the mayhem sparked by its sudden measures against Spain. And German travel giant Tui secures a €1.2bn state aid package from Berlin to see it through the winter.

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PAC-12 AND BIG TEN shut down fall seasons.  SEC, ACC and BIG12 haven't decided yet. 
"Hard Knocks" on HBO tonight.  Can't wait to watch.
Shout out to Governor Cuomo.  Three MLB teams playing in New York State today, Yanks, Mets and Blue Jays.   First time since 1915 when Yanks, Dodgers and Buffalo Blues played.

All sports. One podcast. (even hockey)
PODCAST LINK ON ITUNES: http://bit.ly/JDTSPODCAST