Stock recover on signs of improving Trump’s health

MILAN (Reuters) – Stocks and other risk assets rose on Monday as signs that Donald Trump’s health was improving brought relief to markets after the uncertainty of his COVID-19 infection sent investors rushing for safety last week.

FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo

The U.S. President, 74, was flown to a hospital for treatment on Friday, but his doctors said he had responded well and could return to the White House as soon as on Monday.

The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% by 0812 GMT, supported by overnight gains across Asia and a positive start in Europe.

The pan-European STOXX 600 .STOXX rose 0.7%. S&P 500 futures EScv1 rose 0.5% and Nasdaq futures NQc1 0.8%, indicating a similarly strong start on Wall Street later.

Overhanging the relief rally, however, were concerns that Trump’s case could be more severe than public disclosures suggest, and that more restrictive measures by governments to slow coronavirus infections could harm the economic recovery.

Some traders were concerned by doctors’ admission that Trump had been given supplementary oxygen and steroids.

“Many questions remain including the use of the steroid drug … which is usually reserved for those with severe illness,” said Raymond James strategist Chris Bailey in London. “Global cases now top 35 million and various new restrictions in Paris, New York, etc”,

A survey on Monday showed the euro zone’s economic recovery faltered last month as new restrictions sent its dominant service sector into reverse.

IHS Markit’s final composite Purchasing Managers’ Index fell to 50.4, just above the 50 mark separating growth from contraction.

Trump’s infection also comes less than one month before the presidential election on Nov. 3, potentially fuelling more market volatility and making the outcome of the vote even more difficult to predict.

“In terms of the impact on the election, we haven’t seen enough polling to assess whether this increases or decreases his chances of winning,” said Deutsche Bank strategists.

According to a Reuters/Ipsos poll released on Sunday, Democrat contender Joe Biden opened his widest lead in a month in the U.S. presidential race.

The volatility VIX index .VIX, known as Wall Street’s fear gauge, remained close to the one-week high it hit on Friday.

Meantime, suggestions Trump could leave hospital sent oil prices up more than 2%. An escalating workers’ strike in Norway that has shut four of Equinor’s oil and gas fields also helped drive the gains. [O/R]

Brent LCOc1 prices were up 2% at $40.1 a barrel and U.S. West Texas Intermediate CLc1 added 2.2% to $37.9 a barrel.

The dollar was little changed as investors awaited news about U.S. Trump’s health and developments in fiscal aid talks in Washington. [FRX/] The dollar index =USD was last down less than 0.1% on the day at 93.722.

Yields on benchmark 10-year Treasuries US10YT=RR rose to 0.7088% and the yield curve

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White House shows no signs of backing down from Trump’s refusal to condemn White supremacy

The White House is showing no signs of backing down from President Donald Trump’s refusal to condemn White supremacy during Tuesday night’s presidential debate, despite pleas from some Republican allies to clarify his comments.



Donald Trump wearing a suit and tie


© Carolyn Kaster/AP


White House press secretary Kayleigh McEnany on Thursday would not give a declarative statement denouncing White supremacy, instead pointing to the President’s past comments and insisting that he did not misspeak during the debate or after.

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“The President, specifically, verbatim, was asked (Wednesday): ‘White supremacy — do you denounce them?’ To which he responded, ‘I have always denounced any form of that,’ ” McEnany said. “Those are the facts.”

But McEnany excluded the fact that when Trump was asked if he condemned White supremacists on Wednesday, he appeared to equate violence by far-left groups with White supremacy.

Asked if he condemned White supremacists, Trump told reporters: “I’ve always denounced any form, any form of any of that. You have to denounce. But I also — Joe Biden has to say something about antifa.”

Trump similarly argued during the debate that the left wing was to blame for violence at ongoing demonstrations across the country.

The President also told the Proud Boys — a far-right group the Anti-Defamation League calls misogynistic, Islamophobic, transphobic and anti-immigration — to “stand back and stand by.”

“Who would you like me to condemn?” Trump said. Biden could be heard twice saying, “Proud Boys.”

Video: White House still won’t outright denounce white supremacy (CNN)

White House still won’t outright denounce white supremacy

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“Proud Boys — stand back and stand by. But I’ll tell you what. I’ll tell you what. Somebody’s got to do something about Antifa and the left because this is not a right-wing problem,” Trump continued.

Although Trump has condemned the Ku Klux Klan and White supremacists in the past, he memorably said “both sides” were to blame for racial violence in Charlottesville, Virginia, has frequently downplayed the threat from White supremacists during his term in office and has made stoking racial tensions a key part of his reelection strategy. In contrast, the Trump administration has portrayed antifa and anarchists as a top threat to the US equivalent to that of the KKK, recently making a campaign promise to prosecute both the KKK and antifa as terrorist organizations.

FBI Director Christopher Wray recently told Congress that “racially motivated violent extremism,” coming mostly from White supremacists, has made up the majority of domestic terrorist threats in the US.

Some Republicans on Capitol Hill, including Sens. Mike Rounds of South Dakota and Kevin Cramer of North Dakota, gave Trump the benefit of the doubt, saying the President should clarify his debate remarks or that they believed he misspoke.

Sen. Tim Scott of South Carolina, the lone Black Republican in the Senate, said Wednesday that he thought Trump had misspoken during the debate and “he should correct it.”

Asked directly if Trump misspoke, McEnany denied he had.

“When the President denounced White supremacy

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Home Improvement: Signs your gutters are in need of repair – Salisbury Post

Metro Creative

Fall is a great time to tackle projects around the house. The weather each fall allows homeowners to make improvements to their homes’ exteriors without worrying about extreme heat or cold, while interior projects like painting are made easier because homeowners can open the windows to allow for proper ventilation. Fall also marks a great time to prepare for upcoming projects that can make winter work that much easier. For example, fall is a great time to take stock of your gutters so you can address any issues before leaves begin to fall or the first snowstorm touches down. Compromised gutters can contribute to water issues in basements and adversely affect a home’s foundation if not addressed immediately, so it behooves homeowners to learn the signs that gutters are in need of repair or replacement.

• Gutters hanging off the home: Gutters were once installed predominantly with spikes. However, many industry professionals now install gutters with hanger brackets. Why the change? Spikes loosen over time, leading to the gutters hanging off the home. That can contribute to serious issues if left untreated. Gutters hanging off the home need not necessarily be replaced, but rather secured to the home, ideally with hanger brackets instead of spikes. Brackets hook into the front of the gutter and are then screwed into the fascia of a home. A professional who specializes in gutter repair can perform this task relatively quickly, and it’s an inexpensive yet highly effective solution.

• Gutter separation: Gutters that are no longer fastened together can leak and contribute to issues that affect the home’s foundation, siding and appearance. Clogs and the accumulation of debris can cause gutters to separate because they are not designed to hold too much weight. Replacement of separated gutters may or may not be necessary depending on how big the problem is and the condition of the existing gutters. If replacement is not necessary, separated gutters may be remedied by securing the joints, another relatively simple and inexpensive fix.

• Peeling exterior paint: Paint that appears to be peeling off of your home may indicate that water is seeping over the edge of the gutter closest to your home. When that happens, water is coming down the side of the house, causing the paint to peel. In such instances, replacing the gutters is often necessary.

• Basement flooding: Not all signs of deteriorating gutters are outside a home. Many a homeowner has been flummoxed by flooding in their basements, and such flooding can be caused by aging, ineffective gutters. That’s because deteriorating gutters sometimes allow water to leak near the foundation of a home, contributing to basement flooding. Fall is an ideal time to inspect gutters and have any issues fixed before leaves begin to fall or harsh winter weather arrives.

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With some signs of cooler weather creeping in, it’s time to start planning your fall garden | Home/Garden

We’re fortunate that predicted high winds and rainfall from Hurricanes Laura and Sally did not materialize. We can’t let our guard down now, however; we still have months left in hurricane season. But we can at least allow the extreme anxiety produced by Sally to subside.

One factor that might help to soothe us is that, in the middle of hurricane season, we are also seeing a gradual transition to milder temperatures. Cool fronts begin to move through the state this month, bringing welcome relief from extreme heat and humidity. A cool front was expected to moved in Saturday to produce nighttime temperatures in the upper 60s and low 70s and daytime highs around 80 over the next few days.

Summer is not ending — we will likely see more days in the 90s, and temperatures in the 80s linger well into October. But we are through the most intense heat of the summer.

For the next six weeks we will experience a gradual shift to milder weather. There will be cool spells followed by decidedly summerlike weather, but as we move into late October, cooler weather will begin to dominate. Generally, not until mid- to late-November do we experience the frosty cold weather and changing leaves that tell us that fall has finally arrived.

Much of what we do in the garden over the next couple of months is influenced by the coming changes.

Watering

Because we have had so much rain this summer, you may not be in the habit of watering your landscape regularly (hasn’t that been nice). We saw record amounts of rain in July, and abundant rain also fell in August. With high temperatures and rain keeping the soil wet, however, root rot was fairly common and led to the loss of fruit trees, young shade trees and shrubs.

Since late August, however, conditions have been relatively dry, and irrigation is needed now. When watering a landscape, you must apply the water slowly and over a long enough period of time to allow it to penetrate at least 4-6 inches into the soil. You can best accomplish this by using sprinklers, soaker hoses or even drip irrigation.

After a thorough irrigation, don’t water again until the soil begins to dry out. You can even wait for the plants to show slight drought stress. Deep watering should be necessary for established plants only once or twice a week, even during very dry periods.

Newly planted bedding plants and vegetable transplants will need more attention and will likely need more frequent watering. Irrigating two or three times a week, possibly more frequently, may be necessary while they get established.

There are a few other things you may need to attend to this time of the year.

Flower beds

Here at the end of the summer growing season, it might be a good idea to impose some order on those overgrown flower beds. In addition to cutting back plants where needed, groom the planting to remove dead flowers

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