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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


Breaking: FIBA World Cup: D’Tigers qualify for Tokyo 2020 Olympics


first_imgRelatedPosts Oguchi named D’Tigers player of the decade D’Tigers star distributes COVID-19 relief materials D’Tigers’ captain hints at retirement Nigeria’s D’Tigers have qualified for the Tokyo 2020 Olympics courtesy their hard-earned victory over hosts China in the final classification game on Sunday at the ongoing FIBA World Cup in Guangzhou, China. The Nigerian lads beat China by 86-73 points to win the qualification slot for Africa.The Alex Nwora-led side lost the first quarter by 21-19 points but bounced back in the final three quarters, with 10-16, 20-25 and 22-26 points.Josh Okogie emerged Nigeria’s top performer with 19 points, five rebounds, three assists, three steals, and two blocks.In front of a sellout crowd at the Guangzhou Gymnasium, Nigeria edged the hosts.It has been a tough tournament for Nigeria, recording heartbreaking losses to Russia and Argentina in their opening group games.Tags: Alex NworaD’TigersFIBA World CupGuangzhouTokyo 2020 Olympicslast_img read more


VPCC, Trinity share honours at SCA presentation


first_imgBy Frederick HalleyTORONTO, Canada – Victoria Park Cricket Club (VPCC) and Trinity Women’s Cricket Canada shared top honours when the Scarborough Cricket Association (SCA) held its 39th annual gala presentation, dinner and dance at the East Town Banquet Hall, Scarborough recently. On a night when juniors, seniors and women were rewarded for their outstanding performances during an eventful 2019 season, VPCC were crowned the Elite League playoff champions while Trinity captured the women’s playoff championship, the former carting off the Shiv Persaud of Primerica trophy and the latter the Caribbean Wave-sponsored trophy.Both VPCC and Trinity, however, failed to win the regular-season titles with defending Elite champions Hawaiian Arctic Cricket Club (HACC) and Tranzac Cultural & Sports Club finishing the season on top.The Most Valuable Players (MVP) in the Elite finals were Kumar Erramilli (VPCC) and Anas Malik (Highland Creek) while Nicole Samuel (Trinity) and Durriya Shabbir (Tranzac) topped for their respective sides.Trinity Women’s Cricket Canada players with sponsor Krishna Sarju of Caribbean Wave RestaurantHighland Creek’s Fahad Ali (440) registered the most runs in the Elite Division while Ambassadors Amerish Deoraj was the top wicket-taker with 28. The leading run-scorer in the women’s division was Trinity’s Teresa Bess Lavia with 171 while her teammate Lorraine Kenton claimed 17 wickets to lead in the bowling department.After finishing the regular season in the fourth spot, VPCC upstaged HACC in the semi-finals, earning the right to play second-place Highland Creek, who had gotten the better of Ambassadors in the other semi-final. HACC had to settle for the Trophy Stall of Toronto trophy.Islanders powered their way to the Premiere Division playoff title, whipping Highland Creek in the process after also ending the regular season on top, waltzing away with the Frank Faubert and J. Pirali-sponsored trophies. The MVPs were Mahadeo Moonasar (Islanders) and Ishan Shah (Highland Creek).Champions lived up to their name by emerging winners of the First Division playoff final, defeating Panthers to capture the Trophy Stall trophy while they also finished the Conference B regular season on top with Ajax/Scarborough Kingz B taking top honours in Conference A.Second Division playoff champions United Titans captured the Norman Sue Bakery-sponsored trophy with runners-up being Toronto Rhinos, who had earlier won the regular-season title and the Caribbean Wave-sponsored trophy.The Third Division Roy Lalkissoon-sponsored trophy went to Phoenix Kerala while the Conference A and B winners were Maple and Phoenix Kerala.The T20 competition saw Bawa upstage VPCC to win the Bisham Singh Conference B playoff championship while Elevens Kerala took the Deo Samaroo Conference A playoff crown with victory over Scarborough Strikers.After failing to capture the regular-season title, SCA Blues bounced back to defeat archrivals Action Zone Cricket Academy to cart off the playoff title while the latter took care of business in both the regular season and playoff final in the Under-14 category.The Under-17 category was sponsored by long-standing SCA Chief Financial Officer Vish Jadunauth and assistant secretary/treasurer Mathew Francis while Liz Anandjit and Calvin Alexander took care of the Under-14 division.The Norman Sue Spirit Award, given annually to a worthy individual who has played a big role both on and off the field, was presented to HACC long-standing executive Deo Samaroo by the late businessman’s daughter Kim Sue.last_img read more