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The John Batchelor Show

TONIGHT: The show begijns on Wall Street where the Mgnificent Seven ride unchallenged as the stocks of the moment. Then to the Gulf where the Biden Administration has banned new LNG port building. To Berlin, to Thuringia, to Perth and theUK. To King Cha

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 31 January 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

TONIGHT: The show begijns on Wall Street where the Mgnificent Seven ride unchallenged as the stocks of the moment. Then to the Gulf where the Biden Administration has banned new LNG port building. To Berlin, to Thuringia, to Perth and theUK. To King Charles departing the London Clinic in his double breated overcoat. To the Gulf and talk of retaliation, to Gaza and the UNWRA scandal.To Beijing and the Evergrande collapse.

1967 Berlin.

Transcript

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0:00.0

Good evening. The show begins tonight on Wall Street, the Magnificent Seven,

0:06.2

Invidia, Meta, Amazon, Microsoft, Apple, Alphabet, and of course Tesla.

0:15.0

The seven stocks that define the market move

0:19.0

these last weeks and months.

0:22.0

They're all high-end high-tech very expensive stuff.

0:25.8

Amazon of course is the truck backing down your driveway right now.

0:31.2

Magnificent execution, all of them. The market being narrow however and

0:35.7

everybody wanting to own seven stocks means that a miss of any earning statements or

0:40.8

an expectation of a miss in future is going to be exciting. In an event we moved

0:47.0

from Wall Street to the Gulf of Mexico with Elizabeth Peek, puzzling, asking why the White House is banning the permitting

0:58.0

of new liquefied natural gas ports, given the promises made to Europe that we would make up for the lack of the natural

1:04.9

gas from Russia.

1:05.9

There you have it, politics.

1:07.9

Then to Berlin, Judy Dempsey of the Carnegie Endowment, about the rise of the anti-immigrant

1:15.1

alternative for Deutschland party which is polling very well and challenging

1:21.3

the Social Democrats who are nominally the leaders of the coalition in Berlin.

1:27.0

What is to be done? There was a big rally against alternative for Deutschland in many cities,

1:32.0

500,000 people estimated it turned out according to the

1:34.9

police. However, the right wing, the far right wing, the anti-immigrant wing rising in many European countries not just

1:47.0

Germany France Netherlands Italy a fear of the Invader, the Stranger.

1:57.0

At the same time, we learned from Britain that the surprising development of the immigrants coming legally mean that Britain is going to

2:08.6

hit 70 million not in 2036 but in 2026 that That's good news. A younger and larger population is prosperity for the whole

...

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