Battery day event. He announced a 25,000 electric car within three years. The u. S. And china clash again. This time, at the virtual u. N. President trump slammed beijing for the coronavirus. Xi jinping warns no one should profit from the problems of another. Haidi lets take a look at how we are setting up for the start of trading proper here in asia. We had a reasonable session in the u. S. , that tech rebound continuing to keep things afloat. This as we continue to get a little bit more news flow as to the stopgap measure being reached between the democrats and the gop. U. S. Stocks in the overnight session climbing. Tempering some of these concerns that came through from jay powell, pointing to slow economic recovery as well as Charlie Hedman saying the recession could worsen without more fiscal support. We see the nikkei 225 flat at the moment. We saw that japan markets have been closed. Futures have been dropping. We have seen during that time asia extra pen falling 2 asia x japan
Republican party hack and trump yes mad in the acting Homeland Security director chad wolf well hes under fire this week as n. B. C. News reports that the Consulting Firm where his wife works has been awarded more than 6000000. 00 in contracts from the department of Homeland Security since september of 2018 and then although the company has a long history of federal contracts her company did not do work for b h s until after will become the will became the t. S. A. Is cheap to step in 2017 now naturally chad deflected these accusations as chads often do with they did show a spokesperson saying quote at no time and in any of his positions since joining the department of Homeland Security has acting secretary will been involved in any awarding of contracts sorry chad sorry pentagon but actions my friends will always speak louder than words. When it comes to how tax dollars are used and that my friends is why were always watching the. New cd. You want to. See. This joyce state. Great city
Greetings and sally you take. Actions speak louder than words its an old expression but just as true today as it was over 280 years ago when it was 1st coined back in 1736 especially when observing the actions of our great political and military leaders here in washington d. C. You see while most elected officials and military leaders will tell you that the protection and defense of the American Public and the citizenry is their number one top top top to the top priority their actions show us otherwise especially. When it comes to the pentagon and our lustrous War Department the Washington Post and others are now reporting that the 1000000000. 00 fund the Congress Gave the pentagon in march to build up the countrys supplies of medical equipment has ansted been mostly funneled to defense contractors and used to make things such as jet engine parts body armor and dress uniforms yes my friends while the while most of the country was out of a job trying to make rent and just barely scrapin
Congress gave the pentagon in march to build up the countrys supplies of medical equipment hasnt. Been mostly funneled to defense contractors and used to make things such as jet engine parts body armor and dress uniforms yes my friends while the while most of the country was out of a job trying to make rent and just barely scraping by and trying not to get sick our good friends at the pentagon took our tax dollars our tax dollars given to them with the express intent to help us fight this pandemic and instead they splurged on themselves in their defense contractor buddies apparently the pentagons top brass are no longer men of honor but in truth theyre really just 16 year old girls on amazon with moms amex card but it wasnt just our good friends in the War Department splurging on taxpayer dollars want to be action hero it but. Real Life Republican Party hack and trump yes man the acting on land Security Director well hes under fire this week as n. B. C. News reports that the Consulting
Recover. Jay powell made it clear that the Interest Rates will stay low until 2023, but investors were positioned for a dovish surprise, and there was disappointment he did not provide new details or a further breakdown of the qe program. Perhaps he is saving the option for later. He made clear that the fed has not run out of ammunition. The question everybody is asking, is if this is simple or something bigger. This adjusted Downside Risk is limited. David it is equal it is interesting to position yourself for a surprise. What about other Asset Classes . What about bonds . Scarlet bonds are higher, the dollar has been fluctuating. And credit is down. If you look at tracking highyield credit i am also looking at net gas, it is tumbling. This is another asset falling from august ties. Commodities and especially the energy complex, they move on basic supply and demand dynamics. He was supplies here are increasing. And right now with the weather turning cooler, that would reduce the deman