Market Talk – October 31, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 196.14 points or -0.50% to 39,081.25 • Shanghai increased 13.59 points or 0.42% to 3,279.82 [...]
Annegret Kramp-Karrenbauer Replaces Merkel
Annegret Kramp-Karrenbauer was elected by the CDU party congress in the second ballot by a narrow majority to the new CDU chairmen. Kramp-Karrenbauer received 51.75% of the delegate votes, Friedrich Merz 48.25% of the vote. Jens Spahn was eliminated after the first ballot. Therefore, the CDU has sealed its fate. Kramp-Karrenbauer will maintain the policies of Merkel and will not push Merkel out of office. This is setting things up for a stronger rise of the AfD and puts the CDU at risk of dividing yet over the Refugee Issue.
Hillary should have just learned to speak German.
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