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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


Governor Wolf Announces Expansion of Clarion Sintered Metals in Elk County, Creation of 55 New Jobs


first_img August 18, 2017 SHARE Email Facebook Twitter Economy,  Jobs That Pay,  Press Release Harrisburg, PA – Today, Governor Tom Wolf announced Clarion Sintered Metals (CSM), a powdered metal company primarily serving the automotive component industry, will expand both of its facilities in Ridgway, Elk County, and create 55 new Pennsylvania jobs.“It’s great to see yet another manufacturer expanding right here in Pennsylvania,” Governor Wolf said. “Clarion Sintered Metals is not only creating 55 new manufacturing jobs with this project, but it is retaining a further 262, meaning it will remain a boon to the Elk County community for years to come. When strong manufacturers choose to grow in the commonwealth, it’s a win for the company, it’s a win for Pennsylvania, and it’s a win for our workers.”CSM currently operates in two facilities: a main plant and a second facility within a mile of the main plant. CSM plans to construct a total of over 60,000 square feet in the facilities that will enable the company to better meet current demand and future growth projections. The company has committed to investing at least $6,180,000 into the project, which will create 55 new jobs over the next three years and retain 262 more.“Clarion Sintered Metals is honored to receive the support of the Governor’s Action Team,” said Dave Bosnik, vice president of operations at CSM. “This award will impact the future business growth of CSM and will allow us to bring additional jobs to Elk County.”CSM received a funding proposal from the Department of Community and Economic Development for a $110,000 Pennsylvania First grant and $110,000 in Job Creation Tax Credits to be issued following the creation of the new jobs. The company has also been encouraged to apply for a $1,890,000 low-interest loan from the Pennsylvania Industrial Development Authority.The project was coordinated by the Governor’s Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania.Clarion Sintered Metals specializes in the manufacture of high volume, ferrous-based powdered metal components. It provides high-quality structural parts to the automotive, lawn and garden, agricultural, and industrial markets. CSM also offers complete engineering and design assistance including raw material recommendations.For more information about the Governor’s Action Team or DCED, visit dced.pa.gov.center_img Governor Wolf Announces Expansion of Clarion Sintered Metals in Elk County, Creation of 55 New Jobslast_img read more


Batesville Bulldogs Boys Basketball Awards


first_imgThe Batesville Bulldogs Boys Basketball Team recently held their Annual Banquet this past Sunday.Here are the Award Winners:Freshman Bulldog: Mitch EsserJV Bulldog: Wyatt ScheblerAcademic All State first team: Wesley McKinneyAcademic All State Honorable Mention: Kassidy KaseEIAC All Conference: Bryan Hoeing, Blake Walsman, Wesley McKinneyRebounding Ball: Bryan HoeingCarl Shane Free Throw Award: Blake WalsmanCaptain Award: Nathan Longstreth, Kassidy Kase, Wesley McKinneyJon Saner Dedication and Courage Award: Jacob PaulBulldog Award (voted on by team): Wesley McKinneyMost Valuable Player: Bryan HoeingSubmitted by Batesville Coach Aaron Garrett.last_img


‘Infant Safe Sleep’ classes offered in Versailles


first_imgVersailles, In. — On third Friday of every month the Ripley County Health Department hosts “Infant Safe Sleep Classes from 2 to 3 p.m. in the commissioner’s room in the Annex Building.Gifts are offered to all who successfully complete the class and scholarships are available.For more information please call 812-689-5751.last_img


Syracuse men’s lacrosse beats Ohio State, Robert Morris in final scrimmages; SU ice hockey sweeps Robert Morris


first_img Published on February 4, 2013 at 12:59 am Facebook Twitter Google+ Syracuse finished its exhibition season undefeated after a pair of scrimmage victories in Columbus, Ohio.The No. 13 Orange defeated No. 19 Ohio State 8-7 and Robert Morris 18-10 to cap a 4-0 preseason.SU held a 6-3 lead against the Buckeyes at the half, but OSU charged back in the second before falling by a single goal. Seven different players scored for Syracuse in the opener, with attack Billy Ward the only multi-goal scorer. He led the team with three points.The second game was all Orange, all the way.SU raced out to a 7-1 lead and held an 11-2 advantage at the half before head coach John Desko put in his reserves. Attack Kevin Rice was the star for Syracuse in the second game, tallying five assists in the win against the Colonials. Attack Pat Powderly added four more assists, while fellow attacks Derek Maltz and Dylan Donahue each scored at least three goals.AdvertisementThis is placeholder textDominic Lamolinara got the start in goal in the second game after coming in to relieve Bobby Wardwell in the opener. Lamolinara made four saves in each game, while Wardwell made seven in the first game. Ben Romagnoli finished up the RMU game and tallied six saves.The Orange now has two weeks off before it begins the regular season Feb. 17 against Albany in the Carrier Dome.Ice hockeyThe Orange extended its four-game winning streak to six this weekend, sweeping conference foe Robert Morris in a crucial series for the College Hockey America standings.SU managed to build an early 3-1 lead against Robert Morris on Friday, which it held for a 3-2 win. Saturday’s game was a much bigger struggle. With a little more than five minutes to play, the Orange was down 1-0. Syracuse ultimately pulled off a 2-1 win, thanks to a last minute goal by Nicole Ferrara.Ferrara started off her successful weekend 8:33 into the first period of the series as she buried a rebound off of line mate Holly Carrie-Mattimoe’s missed shot. Thea Imbrogno answered with a score of her own 13:05 into the first period, scoring a rebound off of her own missed shot.The Orange got off to a quick start in the second period with goals by Melissa Piacentini and Ferrara within three minutes. Cobina Delaney got Robert Morris within a score at 14:44 into the second period, but the Orange’s defense would hold for a 3-2 win.In Saturday’s game, the teams went into the third period tied at zero. Kelsey Thomas was able to break the deadlock with a score on a power play 9:48 into the period, giving Robert Morris a 1-0 lead.At 14:56, the Orange tied the game with Margot Scharfe putting in a rebound off of a missed shot by Carrie-Mattimoe. With a minute left, Carrie-Mattimoe got a pass through to Ferrara, who scored the game-winning goal for the second straight game.The Orange play a home-and-home series against conference foe RIT this weekend, traveling to RIT on Friday at 7 p.m. before hosting RIT at Tennity Ice Pavilion on Saturday at 7 p.m.Track and fieldThe Syracuse track and field team was split between two different meets this weekend. The hurlers, sprinters and field competitors participated in the New Balance Collegiate at The Armory in New York City while the distance runners competed at the USA Junior Cross Country Championships at Forest Park in St. Louis, Mo.In New York, nine Syracuse athletes made it to the finals in their respective events, including senior Colin Reno, who finished sixth in the 60-meter dash (6.98). Freshman Shania Harrison finished 10thin the women’s final (7.43).In the 60-meter hurdles, junior Donald Pollitt ran a time of 8.00, placing 11th.In the long jump event, Mikayla Pearce took 17th with a jump of 5.50 meters. In the men’s event, Will Watson finished in 11thplace with a mark of 6.8 meters.At the USA Junior Cross Country Championships, five Syracuse runners competed. The only woman, freshman Emily Nist, had a solid outing, a 13thplace finish in the 6K race (21:55.6)In the men’s 8K race, Dan Lennon led the way for the team, finishing in 11th(25:07.9), while MJ Erb, Joel Hubbard and Kevyn Hoyos finished in 23rd, 26th and 45th place, respectively. A total of 73 athletes competed in the event.—Compiled by The Daily Orange sports staff, sports@dailyorange.com Commentslast_img read more