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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (38806)10/18/2023 8:37:08 PM
From: Les H  Read Replies (1) | Respond to of 49304
 
:The U.S. vetoed a U.N. resolution Wednesday to condemn all violence against civilians in the Israel-Hamas war and to urge humanitarian aid to Palestinians in Gaza, saying it was too early to craft an appropriate Security Council response to the crisis.

U.S. Ambassador Linda Thomas-Greenfield said the council needs to allow current diplomatic efforts, including by President Joe Biden, to unfold and to find out more facts on the ground first. She also criticized the measure for failing to underline Israel’s right to self-defense.

The resolution sponsored by Brazil had wide support and would have condemned all violence against civilians, including “the heinous terrorists attacks by Hamas” against Israel. The vote in the 15-member Security Council was 12 votes in favor and the U.S. against, with Russia and Britain abstaining.

apnews.com

Yesterday's resolution presented by Russia failed to garner the 9 votes needed, and the US criticism was that it failed to have mention of Hamas. US is buying time for the siege to work; i.e., starving out the population.




To: Les H who wrote (38806)10/18/2023 9:12:19 PM
From: Qone0  Respond to of 49304
 
>> Hedge funds using computers to trade equities <<

Doesn't everyone use computers to trade equities? <G>

>>are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets<<

Awfully nice of them to let us know so we could see sell before they did. <G>

>> This is dated October 3, the day the market made its low.<<

Of course it was. <G>

>> It sounds like they've been pushing up the market to unload the securities.<<

Or they were short and needed to cover.
Or they needed to get long at the 1.618 of the previous low.