David Reavill

What a Day! Each trading day, on the closing bell, we discuss the significant economic events, earnings reports, and financial news which impacted today's markets. Join me, won't you?

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episode 3483: The Technocracy vs. Trump's Tea Party.


What we just witnessed, in the recent Presidential Election, was a clash of two world views. On the one hand we had those corporations and Non Governmental Organizations, that represent the technocracy. As investors we follow the corporate side of the Technocracy daily, as these are the companies that have ascended to the top of the stock market. Companies like Apple, Microsoft, Facebook and Amazons. These are companies driven by recent advances in technology, have used that technology to produce a world-wide business. Like Apple, their perspective is global not national, with production facilities spread around the world, and unlimited virtual markets in almost every country.


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 November 16, 2020  5m