Tag: surprisingly

Baidu: Surprisingly Cheap (NASDAQ:BIDU) | Seeking Alpha

By ALT Perspective

Chinese equities started the week underperforming U.S. stocks. From mid-week, they staged a remarkable reversal to end the week in a clear lead. Of course, as the world has known on Friday, U.S. markets were spooked by the uncertainties posed by the news that President Trump has been infected with COVID-19. The representative ETFs of Chinese companies (CQQQ)(FXI)(MCHI) closed 1-2 percent higher than their U.S. counterparts (QQQ)(DIA)(SPY).

ChartData by YCharts

Another driver for the stronger performance from Wednesday was the better-than-expected China’s September manufacturing PMI. The official reading came in at 51.5 versus the central estimate for 51.3 and August’s 51.0. The non-manufacturing PMI at 55.9 beat the expected 54.7 by a wider margin. It is also an improvement over August’s 55.2, signaling that the country’s v-shaped recovery remained on track.

As for the privately compiled survey, media headlines on the reading (like the one pictured as

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I had to teach my NYU psych class to 360 students from a cell phone while trapped in an elevator with my kids. It went surprisingly well.

Jay Van Bavel with his children while stuck in the elevator of their apartment building.
  • Jay Van Bavel is a professor of psychology and neuroscience at New York University, which is currently following a hybrid learning model with both in-person classes and virtual instruction.
  • On Wednesday, he got stuck in the elevator of his apartment building with his two kids, just 10 minutes before his remote Introduction to Psychology course with over 300 students was about to start.
  • Van Bavel, who Tweeted about the ordeal, says he was able to give 50 minutes of his lecture before the elevator was fixed and he and his kids were freed.
  • Looking back, he’s not sure why he didn’t cancel: “It all seemed weirdly normal in the moment.”
  • Visit Business Insider’s homepage for more stories.

On September 23, I had to teach my afternoon Introduction to Psychology class

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