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Markets like the idea that there may not be a ‘blue wave’: Scaramucci


first_img– Advertisement – Markets had priced in expectations for a “blue wave” in which Democrats would sweep the White House, Senate and the House of Representatives.Ahead of the election this week, Democrats were hoping to retain control of the House and edge out the Republicans for a majority in the Senate. NBC News has projected that Democrats will keep their House majority, but Republicans — which are slightly ahead in the Senate race — look likely to win control of the upper chamber. Anthony Scaramucci, founder of SkyBridge Capital II LLC, speaks during the International Economic Forum of the Americas (IEFA) Toronto Global Forum in Toronto, Ontario, Canada, on Sept. 6, 2019.Cole Burston | Bloomberg | Getty Images “That sort of mixture of government will slow things down from a tax policy point of view … I suspect that they will pass a pretty big stimulus and infrastructure bill, which will hopefully boost the economy both here in the United States and around the world,” Scaramucci said.- Advertisement – Scaramucci, who served briefly under U.S. President Donald Trump, said he believes Democratic presidential nominee Joe Biden will win the election — which will be “very good news for the world.”“The markets are reacting very favorably to that as well. It will mean a return to a level of normalcy, less … tweeting, less sort of nonsense borne from impetuosity. And I’m very happy about it personally,” he said.The presidential race remains too close to call as officials continue to count the ballots, but Biden is leading with 253 electoral votes, according to NBC News.center_img – Advertisement – Investors appear happy that there may not be a “blue wave” outcome in the U.S. elections, as seen in the rally in world markets, said Anthony Scaramucci, a hedge fund investor and former White House communications director.U.S. stock futures rose on Thursday following a positive session on Wednesday. Asian markets rallied in Thursday trade, while European markets also climbed higher.“I think the markets do like the notion that there wasn’t a ‘blue wave,’” Scaramucci, founder and co-managing partner of Skybridge Capital, told CNBC’s Hadley Gamble and Matthew Taylor on Thursday.- Advertisement – But Scaramucci acknowledged that Trump has a hold on a big number of voters, especially working-class families who are struggling to move up the social ladder.“There’s distress in the system, there’s a very large part of the American public that frankly, is not doing well,” he said. “They are attached to the president. He represents them, he’s an avatar for their anger.”He said that these people want to feel better and that they have upward mobility within the American society. If that can happen, “you’ll see a die off of populism and nationalism,” he added.‘Thrown in the garbage’Separately, Scaramucci said modern era polling has to be “thrown in the garbage.”“The indictment there is related to their methodology,” he said. “Frankly, they’re probably interviewing too many people in a closed circuit that are Democrats.”Ahead of Election Day, most polls found Trump trailing Biden by 10 points or more. The race turned out to be much closer, with Trump receiving 48% of votes and Biden getting 50.5% so far, according to NBC News.Scaramucci said one pollster told him they need to “branch out and find more Republicans, and make sure the Republicans are speaking honestly to us.”“One of the phenomena of the Trump era (is that) there are many Trump supporters that, due to the social stigma of supporting him, perhaps were lying in the polls,” he said. “But yes, the methodology of these polls, the modern era of polling has to be thrown in the garbage.”last_img read more


LVG honest, not frightening – Blind


first_img Press Association The 24-year-old, operating at the base of a midfield diamond, dictated the high tempo demanded by manager Van Gaal and also broke up QPR’s attacking play on the rare occasions they made it over the halfway line. Blind knows Van Gaal well from their time together with the Dutch national team. From the outside the former Holland coach seems a blunt, authoritarian figure, but Blind says the 63-year-old is just an honest man who should not be criticised for giving his opinions in a straightforward manner. “He is not frightening – he is just honest,” Blind said. “That can be frightening, but I like it. “He is very honest to everybody. He knows what he wants and he knows his philosophy. “He can bring that to the players and he can make a team with everybody in. “I have really learned a lot from Van Gaal and I like working under him. “He has helped me a lot and I hope to continue learning from him. “I think he can make me a better player in terms of positioning, where to stand and tactics in games because midfield is an important position to play and I hope I can get better at it every day.” Van Gaal handed Blind his Holland debut in February 2013 and he became a regular in the national team through to the World Cup finals, where the Oranje finished third. Van Gaal attributed Holland’s success to a strong team spirit within the camp, and he has set about trying to establish a similar sense of unity within a United squad which contains six new signings. “Everybody wants to fight for each other and I think we saw that in the QPR game,” Blind said. “Everyone wants to give the ball to each other. I like to play in this squad. “When I came here there was a really warm welcome and I felt directly good in the team. “Also, Robin (van Persie) helped me a lot because I know him from the Dutch squad but I got help also from the other guys who came in straight away. “That is a good start for everybody if you want to work for each other.” Blind counts his father, former Holland defender Danny Blind, as a big influence on his career too. “He helps me always,” Blind said of his father, who was at the QPR game. “I always call him after a game to discuss the game, so I am curious what he says to me.” Having been at Ajax since he was eight years old, Blind admits getting used to the frenetic pace of the Barclays Premier League will take some time. “I think the Premier League is a higher level and it is a higher speed in the game,” he said. “It was a higher tempo and I can feel that also in my legs, but I can play 90 minutes. “Against QPR it was different because I had a lot of space and that was nice for me.” Daley Blind thinks Louis van Gaal’s brutally honest ways will help him become a much better player. With all the focus on Angel di Maria and Radamel Falcao, Blind’s contribution to Manchester United’s 4-0 win over QPR on Sunday largely flew under the radar. The Holland international, who moved to Old Trafford from Ajax on deadline day, easily slotted into the United starting XI. last_img read more