The lobster for Independence Day to celebrate america because u. S. Moves to protect lobster industry threatens tariffs on china i dont know why the tariffs on china but nevertheless theyre getting blamed for the fact that the pandemic has caused the collapse and consumption of lobster which all comes from maine and canada but a lot of canada apparently has some trade deal with europe and theyve sold more of their lobster to europe and so we have an excess of lobster and we bought some from me and i got shipped overnight from maine so were celebrating having some lobster yeah overnighted lobster from maine is delicious and you know lobster is just one part of this global commodity breakdown and they look at the commodities commodities told different stories them stock markets and bond markets right stock markets and bond markets responded money printing in a big way and not so much in the commodity market so the oil market the gold market the agricultural markets Coffee Market lobster
Come full circle because we have the taxation without representation which is the inflation caused by the Federal Reserve bank so nobody really understands what it is its very well hidden this is not transparent we dont know how big their Balance Sheet as how much our money is being devalued but another now canceled founding father who was George Washington who you know i think were still allowed to say is name but nevertheless he did say that we should trade with all nations no foreign alliances or to entanglements like lets not get involved in other peoples wars lets not become an empire and of course we are here now as an empire so i think you know a lot of people naturally think like you know were number one which means the elites are number one you get nothing because once the elite have an empire they dont need the domestic population they dont need the consent of the population because they just plunder from over. Right they take the Iraqi Oil Fields they take the Libyan Oil Fie
Exchange right here on cnbc good morning, im dominic chu. Your stock of the morning, a name you probably all know and even use, amazon. Com climbing to a new record high of above 3,000 per share you can see here in the early trade, 3046 is the last trade for amazon were off about one third of 1 in the premarket. That is just one stock that you need to watch today. But in a bit well go over more. But we start with how you and your money and the Global Markets are setting their day up stock futures indicating with a should be a lower open at in stage right now. If the futures moves holds, the dow jones would be down about 247 and the nasdaq down about 40 but remember, we had strong gains in yesterdays session and that saw the dow jump over 450 points and the s p post its fifth straight positive session. And the nasdaqs run continues jumping more than 2 to hit another alltime high this has been a strong trade throughout the course of the year especially since the covid19 market lows that
Tariffs on china but nevertheless theyre getting blamed for the fact that the pandemic has caused the collapse and consumption of lobster which all comes from maine and canada but a lot of canada apparently has some trade deal with europe and theyve sold more of their lobster to europe and so we have an excess of lobster and we bought some from me and i got shipped overnight from maine so were celebrating having some lobster down overnighted lobster from maine is delicious and you know lobster is just one part of this global commodity breakdown and they look at the commodities commodities told different stories them stock markets and bond markets right stock markets and bond markets responded money printing in a big way and not so much in the commodity market so the oil market the gold market the agricultural markets Coffee Market lobster market like they actually reflect more of the supply and demand of whats really happening around the world theres more of a price discovery in those
Their lobster to europe and so we have an excess of lobster and we bought some from me and i got shipped overnight from maine so were celebrating having some lobster yeah overnighted lobster from maine is delicious and you know lobster is just one part of this global commodity breakdown and they look at the commodities commodities tell a different story them stock markets and bond markets right stock markets and bond markets responded money printing in a big way and not so much in the commodity market so the oil market the gold market the agricultural markets Coffee Market lobster market like they actually reflect more of the supply and demand of whats really happening around the world theres more of a price discovery in those markets not perfect but it is better than you find in the Financial Markets so with the lobster market being disrupted in this way kind of shows how youve got these trade wars that were now this thick. Consequence of currency wars remember for about 10 to 15 year