A trader smokes a cigarette outside the New York Stock Exchange in the Manhattan borough of New York City, two days after the 2020 U.S. presidential election, New York, U.S., November 5, 2020.Carlo Allegri | Reuters (This story is for CNBC Pro subscribers only.)For value investors waiting for a grand rotation after the election, they might end up disappointed yet again.Many on Wall Street were betting on a revival of value stocks on the belief that a potentially “blue wave” could help approve a massive fiscal spending package that benefits cheap names whose rebound depends on a broad economic turnaround.- Advertisement – – Advertisement – – Advertisement – However, the odds of a unified government have waned with both of Georgia’s Senate races going to January runoffs. A divided Congress could restrict the incoming Biden administration’s ability to pass large-scale fiscal stimulus, hurting value stock’s chances to outperform their growth counterparts, Wall Street strategists said.
RelatedPosts Lagos Open Tennis Fallout: Oyinlomo Quadre leads two others to WTA rankings Lagos Open: Nigerian players enter second round ITF announces dates for the 2019 Lagos Open World tennis governing body, the International Tennis Federation, has given players across the world September 19, 2019 as registration deadline for the first leg of this year’s Lagos Open Tennis Championship. The Lagos Open, which enters its 19th edition, holds from October 7 to 20. It has been an annual tennis championship being staged to celebrate the sitting Executive Governor of Lagos State and also a destination for emerging young tennis players across the world to fight for ATP points. The tournament is played within the course of two weeks (Futures 4 &5) at the Lawn Tennis Club, Onikan, Lagos. The ITF directed that players should register for the first leg of the tournament latest by 2pm this week Thursday, while withdrawal deadline is September 24, 2019 by 14:00GMT. The first leg serves off with a day qualifying matches on October 7, while the Main Draws in both the singles and doubles of men and women events start the following day with the final of the leg holding on October 13, 2019. This leg has as its prize money $50,000 to be shared $25,000 each in both the men and women’s categories. For the second leg, the ITF also directed that players should register latest by September 26, with the withdrawal deadline fixed for October 1, 2019. The qualifying matches for the second leg hold on October 14 with the main draws starting the following day. The finals of the second leg, which traditionally is the grand finale with its usual closing ceremony, holds on October 20, 2019. The Governor of Lagos State, Babajide Sanwo-Olu, and other important dignitaries are expected to watch the finals of the singles events. This leg also has as its prize money $50,000 to be shared $25,000 each in both the men and women’s categories. It would be recalled that in last year’s tournament, British youngster, Jack Draper, caused a major upset in the finals of the second leg watched by the former Governor of Lagos, Akinwunmi Ambode, and other important personalities, as well as hundreds of school children who were mobilised to watch live tennis action from the older players. Draper became the youngest winner of an ITF Futures tournament in Nigeria following a 1-6, 6-3, 6-4 win over highly experienced top seed, Tom Jomby of France. The 16-year-old Brit was to after the Lagos Open go on to play in the 2019 Wimbledon Open and made surprising improvement of his tennis career.Tags: 2019 Lagos OpenInternational Tennis FederationLagos OpenLagos Open Tennis Championship read more
Liverpool have reiterated their stance that Coutinho is not for sale and now consider the matter closed.The La Liga giants had a Sh8.8bn (£72mn) bid for the Brazil international rejected in July and, having sold Neymar to Paris Saint-Germain for a world-record Sh27.3bn (£200mn) last week, turned their attentions to pursuing the 25-year-old.Coutinho, a key figure for Liverpool since arriving from Inter Milan in January 2013, registered 13 goals and seven assists for the Reds during their 2016/17 Premier League campaign.Jurgen Klopp on Wednesday described Liverpool as being “in a good shape” ahead of the new season but kept quiet about Coutinho’s future.Sky Sports News earlier this week reported the Brazilian would like to move to the Nou Camp if a deal can be done amicably with Liverpool.The playmaker signed a new five-year contract with Klopp’s side in January and the club remain adamant their player is not for sale.-By Sky Sports–0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Liverpool’s Philippe Coutinho in action against Leicester City during the final of the Asia Trophy tournament in Hong Kong, on July 22, 2017LIVERPOOL, United Kingdom, Aug 10- Liverpool have immediately rejected a second bid from Barcelona for Philippe Coutinho, according to sources.Sky Sports News understands Barca’s latest offer for the forward was Sh10.4bn (£76.8mn) up front, with Sh1.8bn (£13.6m) add-ons. read more