Mean theyre like you know perpetual College Students who are going from one exam to another now let me also get me d. Types that are actually stop or no no no no you dont theyre going to the city that never sleeps wall street well you know i mean its an industry in a market that never sleeps youre absolutely right now you mentioned asia we talked about asia a little bit whats whats the big markets over there the hang seng the chuang high composite. You know how are those markets doing well china is always far more speculative than we are in fact somebody actually said to me once he said he was over in china and he said you know its like an organized capitalism over there theyre far more actually entrepreneurial and very speculative theyve actually taken out of lot of loans dont forget theyre buying on debt take out the stock market so they will have obviously great swings that europe will and what about the nikkei that japan the nikkei average about the same thing but not to the same extent of the chinese they dont but theyre not as speculative as the chinese are that. Take as much risk you know you know i talked to one of the headlines a investors are worried about some of the Economic Data coming out in peru in particular u. S. Inflation data is coming out on wednesday yes and its almost like theres a hair trigger that mentality that anything you worry could indicate more volatile markets is that just how it is in times like this i mean did you for example just expect a correction like many people did in markets oh yeah the minute that they announce the package i think what it is is that albeit that the other spending package its not what republicans normally stand for republicans normally have a fiscally conservative fiscal restraint i think theyre obviously so many concessions were made to get this passed that you have a greater spend than anybody really was anticipating thats really whats at issue here everything that happened on the fifth was right after that announcement so you know and you know generally people were it almost became embarrassing to be Hillary Clinton up saying theres a correction coming theres a correction coming but after i said it for four or five months i was like well you know whens it coming but did it come more fast and furiously than you thought it would come you know i think at some point Everybody Knows you cant keep going up you just cant and what goes up must come down and the stock market over time Everybody Knows has continued to expand and we have but we have been in a bull market for a very long time now some correction however dont forget a thousand points with how high we are now when youre in like the twenty four thousand range twenty five thousand range a thousand point drop isnt a huge percentage that it was a thousand points was a lot more drastic and all in a military thats being trained in eighty seven thousand points is a lot but not as a smaller percentage nowadays so did i think it was going to happen everybody everybody not just me Everybody Knows there was going to be a correction we are not yet in a bear market some people say bear markets coming i think youre going to see jitters no matter what after that Interest Rates but still were all time low for Interest Rates this. Hello fundamentally theres one thing to look at the fundamentals of the market place we have good employment we have a good Economic Outlook were on a steady for ching as is europe it is not a vol of tile economic underpinning that is the key to to view everything with a stable economy begets a stable market in the long term i could not agree with you more pillory for which presents a straw mark thank you again for being here you are absolutely see again yes. President trump is pushing to cut food stamps by partially replacing the program that feeds americas poorest with what they call meal kits the proposal calls called Americas Harvest box once to bring it made in the usa Food Products to over sixteen million i was told as arties alex mahela bitch tells us homemade meals are popular around the world and this program is just a variation of that idea alex joins us as always from toronto alex thanks again for all your help this time tell us a little bit about these meal kits and how theyre used outside of the u. S. But its interesting when we talk about the u. S. Were talking about food stamps and how we can help the poor when it comes to the rest of the world it actually is a question of maybe not the rest the world but lets say asia the wealthier countries and Canada Australia etc its a question of being time poor so its families that want to have more time on their hands to do more things with their kids and with each other so what these kids are the come to your house is basically a bunch of vegetables and meats and dairy and whatever else you might need to cook a meal theres a little recipe there and then you cook it all the ingredients are measured out and you seem like a gourmet chef at the end of it because everything was measured out and you were told what to do but instead of having to go to the store and buy everything on your own what happens here is that its all prepared for you so its a Popular Service out of taiwan happens to be one of the places that its doing well but all numbers indicate that this is kind of sliding down that people that like to cook like to cook and they like to pick the products out themselves but there are there are other services as you know that do this for Different Reasons in both canada and the states we have meals on wheels so people that cant be the disabled be they old or whatever reason they cant go out and get their groceries thats how we have these prepared meals brought to them schools here in toronto for example there are now private services that deliver healthier meals to kids at schools so you know these are all great things but my favorite hands down happens to be. India and thats where you have this thing called the tiffin or the double box its multilayered i bought one for my wifes like four layers the little ten thing and they have this big group theyre called in mumbai its since eight hundred ninety theyve been doing this so for ten dollars a month or less the mom by tiffin Box Suppliers Association which is five thousand guys on bicycles running around carrying meals hot cooked meals come from home to the people that theyre supposed to go to in their office and they deliver two hundred thousand meals a day this way so somebody is cooking at home and this guy comes picks it up takes it in the box to the person and then they deliver this empty tiffin at the end of the day they have a ninety nine point nine percent accuracy rate of doing this for over a hundred years is actually unbelievable and the fact that matters so many people are even saying these guys should be certified six six sigma but if you ask them they dont even know what that means they just know how to do something really really efficiently you know i was going to let your when you said eighteen ninety i thought well he just misread i mean you know it must be a mistake and i ought us out of let it go and not ask you that is incredible that theyve been doing it and you say two hundred thousand meals and theyre delivering it on bicycles so are they the biggest player in this milk at Delivery Services is it india or is it somebody else i would think of them you know really like first of all you just got to give it to them for being that around so long but i mean five thousand guys on bikes thats a lot of people but if we look at the states here heres a little bit of a graph of the big players are in the straits in the states and blue apron i mean they come in number one in a big bad way seventy one percent of the market share back in two thousand and sixteen summer saying dow thats about eighty percent of the market share but when i say market share thats not necessarily a massive market share the problem with this is the blue apron last year when an i. P. O. Came out at ten ended up at four dollars and twenty nine cents the worst performing i. P. O. Of the year now there might be a while walmart bail out sort of theyre saying that maybe walmart by actually buy into this company and working with that trump wants to do what he wants to do so blue apron is actually a company that a lot of people are looking at to make that happen and bring these meals to less fortunate people you are a fountain of information archie correspondent and chef alex mahela bitch thank you you thank. And time now for a quick break but stick around because when we return well talk more on stocks u. S. Equities with stocks which is our money and as we go to break all three major u. S. Stock markets posted gains today as we go to break here are those numbers at the closing bell. And twenty four to you know bloody revolution to the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it just the lawyer who. Put me in the. School in the middle of the former ukrainian president recalls the events of twenty forty. Those who took part in this today over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. Please. Join me every thursday on the alex salmond show and ill be speaking to us from the world of politics Small Business im show business ill see you then. Now for. Certain i want to do is just show me face really truly be very clear like. The way your. Management. And they are they they when they have them they have the fattening. Skim you need to feel the. Sun yeah im them what do you how much like your body looks local just as you. Might if this was not to make a living that would measure up lets talk more next time. With lawmakers manufacture come sentenced to public wealth. When the ruling classes protect themselves. With the financial merry go round of lives only the one percent. We can all middle of the room sick. Deluded the more you leave room for. Everybody im stephen ball task hollywood guy you know suspect every proud american first of all im just george bush and r. V. Im losing steam this is my buddy max the famous financial guru well hes a little bit different im out of the Abraham Lincoln or no no no. With all the drama happening in our country im rude have some fun every day americans. And hopefully start to bridge the gap this is the Great American people. And is Getting International recognition with the help of israel at least in the world of zoos build cities to kiss it to you like you know. This is my complicity is going up till sunday ill maybe. John you tell. Me the only palestinians who gets the most helpful is to reduce them counterparts i dont think theres some of those who in the world under the oak vision know only because it is a. Design office that is to hard to this lady in the most of it you have i dont know if you competed in the doesnt seem to do more in the middle there are some positions. Welcome back the Trump Administration unveiled war plans to weaken the Consumer FinancialProtection Bureau on monday the plans were outlined in the c. F. P. B. S. New five years to change it plan as well as the white houses two thousand and one nine hundred Budget Proposal c f p b Strategic Plan changes the bureaus number one goal from preventing harm to consumers to making sure that consumers have access to Financial Products and services language. About fair enforcement and empowering consumers from the last five year plan was also replaced the trunk budget would reduce c f p b Spending Authority for fiscal year twenty nineteen which begins on october first by one hundred forty seven Million Dollars effectively taking it back to the f y twenty fifteen level cuts to c. F. P. B. S. Budget would total six point four billion dollars over ten years the budget also contains a litany of complaints about p. B. S. Investigations and Enforcement Actions in support of plans to scale back c f p b s authority protecting consumers including a legislative rewrite of c. F. P. B. S. Of forty by congress and twenty twenty. And turning to the caribbean a group of creditors is pressing cuba for a restructuring of one point four billion dollars in unpaid commercial debt to advisors to the cuban london group say they offer cuba quote very significant debt relief in a proposal last month the london group is believed to hold about half of cubans private sector Debt Resolution of the london group debt is considered a final hurdle for cuba before the country can have access to International Capital markets cuba previously released a debt restructuring gauge went with the Paris Club Creditors and twenty fifteen and with mexican creditors in twenty thirteen the twenty fifteen agreement included forgiveness of eight point five billion dollars of eleven billion dollars in debt and repayment of the remainder over eighteen years the london group says their offer is even more lenient than the twenty fifteen deal. A massive but largely invisible and viral mental catastrophe is unfolding in the South China Sea one hundred thousand tons of natural gas condensate were released when the sank a panamanian flagged iranian on tanker carrying the top. Chemical collided with another vessel it burned for a week sank and killed all thirty two crewmembers the spill now threatens ecosystems and fishing areas that yield yielded five million tons of seafood last year condensate exposure can be fatal to humans and the effects of eating food tainted with it have not been studied condensate is a much thinner in consistency than oil making it less visible and almost impossible to clean up chinese authorities have banned fishing in the areas closest to the spill chinas fishing industry is estimated to employ fourteen million workers. And if youre of Bitcoin Miner in iceland then youre probably using more energy doing that than powering your own home and Energy Expert from Icelandic Company h s orca estimated that the average Bitcoin Miner in iceland is using around eight hundred forty gigawatts of electricity the average home in iceland uses only seven hundred gigawatts the popularity of iceland as a location for mining is in part due to iceland having some of the Cheapest Energy prices and some of the fastest fiber optic Internet Networks in the world the icy climate also helps keep the mining hardware cool as the systems generate massive amounts of heat growing growth in the Mining Community has surged in recent years Genesis Mining one of the largest miners in iceland has three mining facilities and its estimated to be the biggest in the country. Another merger may be about to shift the Health Care Market the drugstore chain walgreens is rumored to be negotiating to buy the drug wholesale company amerisource Amerisource Bergen walgreens already holds twenty six percent of the target stock Amerisource Bergen is valued at roughly twenty billion dollars the reported bid would confirm a recent trend toward consolidation in the health care sector. And december walgreen competitor c. V. S. We all know announced plans to plans to acquire insurer aetna the merger would allow the two companies to more directly integrate drug and device delivery with healthcare making use of c. V. S. As ten thousand pharmacy and related Minute Clinic locations in that vein amazon is also reported to be planning to scale up its medical supply business last month as reported here on boom bust amazon announced a partnership with Berkshire Hathaway and j. P. Morgan a Large Financial Institution to create a new separate company to serve all of their employees and operate a Defacto Health care laboratory. And weve got asian and european stocks but we did not yet get to the u. S. Equities and here to join us is melissa arm of stocks militia thank you for much for being with now let me get one thing straight is that these thoughts stocks wish for stocks. And their wine bar is to rafiq ok all right well we love you we want to get the name of your company correct so most are zero founder of stocks which thank you for joining us melissa what do you what is your what are your take on things going on now we seem to have another day today thats a little bit up but are we worried about some of this Economic Data coming out and all of a sudden thats going to be a Tipping Point were going to see some more of vexing volatility. I dont think the volatility is over i think that we held today we held yesterday we rallied in the close on friday but to me it really is a week called we are not that far off the highs so overall for a long Term Investor the markets a looks very bullish but your fear trader or if youre a swing trader i would in the have bought right back into this market on friday or monday or today because we still possibly could go down and retest the lows from friday and i will tell you if we did do we could break that so i dont know i would say to be safe wait until we rally over that big selloff day that was one week ago today when the market really tanked once we get over the high of that day which in the spiders is around two seventy five ish that i would feel a lot better about saying go ahead get in long swing traders day traders the markets going to move up and make another brand new all time high the Economic Data this week you know the market could have a move but i dont know if its going to be up from that and we wont know until it happens and speaking of Economic Data you know whats next week that the federal open markets committee the Federal Reserve meets and to discuss raising Interest Rates that could be another thing that theyre melissa let me ask you though theres all theres this montra in trading that you buy the dip and so when when when prices go down and weve seen you know were in two correction territory as weve discussed on the program before ten percent down from the market highs which were thirty percent up year over year in january but you know youre doing some caution about getting back in but arent some deals out there should some of our viewers be looking at buying the dip. No i wouldnt say anyone should be buying any debts and thats not the way that i look at the chart again im a technical trader but whether technically or fundamentally you look at it again the market strong i say you know your time horizon if youre a long Term Investor and you want to buy the dip thats fine but know you could get jostled around a lot because its really not a good idea to predict the low and predict by why because youre never going to be able to do that consistently over the long haul wait wait to the market gives you the confirmation and im telling you where that is its over the high of everything in the dow and the spy and the kids if you look at charts or any of the things that fell from last monday wait until they get over that high of that big selling bar that started the correction the start of the collapse down so no i wouldnt be buying any dips because heres the thing how many tips are we going to have how do you know this is the last step its not that were not going to move higher eventual e. Is it going to be in the next week in the next two days is it going to take two months i dont know so i cant predict that i wait until it happens and its going to be where i said and its probably going to happen when the market gaps up in the premarket it opens a lot higher in the morning at nine thirty and rallies all day and we probably lift over that high of that past monday but i cant say for sure if thats going to happen this week and i dont know if its going to happen in the next month so you wait you wait until it happens because if you dont have a high threshold for pain and for risk you could be in the market happy as a clam today and yesterday and then all of a sudden tomorrow you might be down and you might not be able to handle it and if that happens im telling you people wont be able to handle it theyre going to get scared and they get a quick sell out and thats going to push the market down have another big red day because people jumped in to quick in my opinion if theyre in now this may go along with your your thought about not buying dip not getting in but let me test your patience on this question what about rebalancing if people have you know lost some. Thinking wait a minute i dont want the same exposure ive had in the past should they should they. Should they should they maybe rebalance their portfolio or is your advice just the same for now unless you want to get smacked around a little bit. Its not a yes or no answer because it depends on your situation if youre thirty five hour youre sixty five they answer that question is going to be a lot different are you retired or are you going to retirement you know you dont know if you have a lot of time divest of the market i say stay with it if youre near retirement or a retirement right now then thats a different story melissa its always so great to have you really appreciate your advice were listening to it i know our viewers appreciate it as much as we do the show most arma founder of stock thank you for joining us. The trump of ministration is seeking as part of other Budget Proposal to increase fees for derivative trades in order to offset other expenditures like increased defense spending i know a lot about this tactic ive seen it before republican and democratic administrations they they do this really its a smoke and mirrors sort of deal and theyve done it over and over they try to say theyre going to increase user fees on this or that in this case with regard to fees for trading in derivatives but they never seem to push the legislative agenda forward they never provide the actual bill to congress and my view is that these markets in particular with regard to this proposal by the administration are good for the public because they impractical we call price discovery that is you know we these markets impact what we pay for just about everything that is the commodities markets that they want to tax whether or not its food or fuel or Interest Rate to pay on a Home Mortgage or a student loan therefore the government in my view has a responsibility to ensure that the markets are policed that there is cops on the beat and that the prices that we pay for about everything we use are devised in an efficient and effective manner that said if the government fails at the government fails to provide the needed resources to regulators then weve got to figure out some way to fund them but thats not what the Trump Administration is interested in thats not what the obama and the Clinton Administration are rested and they dont care they just want to get something inactive and its a little bit cynical i know but look guys ive seen this movie to see it before. Thats it for this time thanks for watching be sure to catch bill bastone you tube you tube dot com slash boom bust archie see tomorrow. I. Saw most lose no moves but. Just music first thing in the both of them which is the spirit of the new choices a. Little bit some of it is just some awesome trial of. Saddam for us to gather some. The games have begun the younger sister of north koreas ruler kim jong un has captured the attention of the media while the u. S. Vice president mike pence was mocked as a dud even undiplomatic the two koreas are engaging in childish. Off to mars and Coalition Negotiations germanys two largest parties have provisionally agreed on a compromise that may yet fall through. These difficulties a sign of something major going wrong in german politics the birthing pangs of the countrys fourth from the coalition. Is Getting International recognition with the help of israel at least in the world of suze a member of the commission. Like. These with my compass he is going to be all maybe. John. The only palestinians who gets the most help from his jerusalem counterparts i dont think some of those who. Wish to. Do this. And the. I dont you cant be the muslim seem to do more in the middle. But theres a. I i. I. I. I. I i i. I i. A shooting incident u. S. National Security Agency headquarters in. Roland leaves several people injured. Also ahead on the program. Enough of your Sweet Nothings of this uncertain approach i get a few from anuses come from government i say that this morning im not going to. Persuade everybody britains foreign secretary ses those opposing are betraying the country as Boris Johnson defends the u. K. s exit from the European Union during a media grilling. Fears coming future world powers highlight the threats of returning Islamic State fighters but struggle to find a cohesive