Greetings and sell you take its with just over 5 weeks left until that fateful tuesday evening in this november that will decide the next 4 years of our political future here in the United States of america the failure of our elected leaders especially on the federal level are beginning to multiply rapidly and nowhere is that more apparent than in the latest data from the Census Bureau and department of agriculture which according to John Schwartz of the intercept has revealed that the level of hunger in u. S. Households almost tripled between 2019 and august of this year. It gets even scarier as we dig deeper into the statistics. Things get it truly grim the center on budget and policy priorities discovered that 3. 7 percent of adults reported that their household had not enough to eat sometimes or often in the 12 in the entire 12 months of 2019 and that as recently as the end of august in Early September of this year just 2 weeks ago my friends about 10 percent of all adults reported
Because my friends honestly they couldnt afford it you see this is where neo liberalism has as brought us this is what unbridled an unregulated capitalist system has wrought. This is what political hacks and Corporate Party yes men like Chuck Schumer Mitch Mcconnell jim jordan and nancy pelosi as congress has done to the American People this without a doubt as Donald Trumps america. A country a one time leaders fought for the greater good of the people not the greater good of themselves and their next election. United states of america is starving morally and financially and now even physically which means its time to start watching the homes. On a cd. Player so you can see the crisis joyce state. Rolls royce graves suggests least systemic dissent says show which. Brings up the old. Welcome everyone to watching the hard. Time of the show. You know i didnt i didnt like circle this story on the map because i want to kind of say oh what was the look of a house the United States has become
Of mind blowing. Check out these numbers, the six biggest tech stocks losing more than 1 trillion in value in three days apple, microsoft, amazon, microsoft, tesla and facebook. This is kind of unbelievable on the way up, we kind of get i wont say we get used to it. Complacent. We dont quite notice it as much after the split, was apple up 40 or something remember when we were arguing about tesla at 500 a share . Look where it went eastbound the s p was up almost 60 since march. You get these crazy moves to the upside we should have been able to watch this after all these years and how quickly the corrections can come to get that move and have a correction in three days maybe we need to even revise the terms for how we talk about it given what the nasdaq has done, that perspective it is nothing it is not that shocking if you are a longterm investor, this is no big deal. If you were looking at this. Those six stocks losing a trillion in value, they are still up several trillions you are
Anyway. U. K. Minister Boris Johnson england can resume it using of lockdown rolerules. Welcome to daybreak europe. We saw a Risk Appetite shaking a little bit yesterday in terms of Global Equities. Global equities are still heading for a weekly gain. In china, the data shows the recovery led by industry rather than the consumer. Concern. T cause some initial jobless claims below one million, but you focus on the decline or the fact that the number that th remains elevated . Does that mean there is less pressure amid the stimulus talks . Not getting any direction from asian equities today. We did see a drop in the s p 500, and that drop was led by the more cyclical sectors, where we sawtek outperform. Where we saw tech outperform. Futures posting slightly positive, different to europe, where it looks like we could see another day of declines. The 10 year yield rose to an eight week high. We certainly have seen a little repricing around that, and around the real yield, which is pulled b
Coming up, we will be talking with curtis johnson, the managing director at carlisle. Talking about what trying toericans face break into the industry. Bank and tesla are surprising reporting surprising numbers. Our guest is joining us from italy. Your metrics are strong. Been notrating has it being able to get back to shareholders because of ecb guidance . [indiscernible] the expectation is the end of december to be able to pay dividends again. A fourth quarter, are you confident you will pay dividends and about buybacks . X part of the priority. Buybacks are not a priority. [indiscernible] been inas the economy july and what are economists telling you about their mood for the future . [indiscernible] in 2021, the growth in gdp could be higher than 5 . [indiscernible] the positive trend will be in 2021 and my expectation. To take a quick break to make sure we hear you perfectly so we dont miss a word you say. We love working from home. We will get back on the interview once we fix the