A common term while nearly every organization in the us join protest for Racial Justice but what does this mean for the multibillion sector have a lot to get through so much that started. The u. S. Commerce department reported americans increase their spending by 1. 9 percent in july extending the markets record breaking rallies well this is the 3rd straight month of consecutive gains for spending well this is a primary driver of the u. S. Economy this also comes weeks after the extra 600. 00 of Unemployment Benefits expired Commerce Department data also showed income rose by point 4 percent in july after 2 months of declines meanwhile Credit Card Company capital one cut borrowing limits on credit cards while some customers had their limits were cut down by 3 fourths and theyre already seeing a negative impact on their Credit Scores in. Statement the company said capital one periodic lea reviews accounts based on a variety of factors and may make changes to existing credit lines other
A Spring Chicken anymore i think charlie monger is a few years old or so theyve got him out think about preservation of capital they may have tons of mistakes now they decide to salvage what they can of course one thing you can point to this and say is that this is part of perhaps is dispute with the fed because remember he did want to bail out the airlines i in a way that would give him a good deal and a bigger percentage of the big 4 airlines in america but who outbid him that was the u. S. Federal reserve they gave no Strings Attached to their free money to the airlines which is basically never going to have to be paid back so course warren buffet then dumped his airline shares and then dumped his banking shares in the 2nd quarter and while he was buying gold im buying back at half a 1000000000. 00 with the barrick gold he and i want to point out that colombia the country you know they sold 2 thirds of their gold in june alone so you know they were getting out theres always down mon
A 1000000000. 00 with the barrick gold he i want to point out that colombia a country and they sold 2 thirds of their gold in june alone so you know they were getting out theres always down money and theres always smart money at the table so if you dont know that the sucker is at the table it could be you you were right well you know the fed is out buffeting buffett right if it were taught fraud how to commit fraud to the central bank you put a lot of money in and buy stocks that go up because youre buying stocks that go up right so he made that game possible and so but the fed figured out wait a minute why are we letting warren take all this fraud money we should get some of those fraud money so now the fed as ive often buffett so something look for buffett to do you know he is entering the game of Precious Metals and Precious Metals is a nonstop sort of manipulated market. J. P. Morgan has been fined over the past 2 years for manipulating the prices on gold and silver i think theyre
A scaled down ceremony is held in paris paying tribute to the Nations Health care workers. Im Claire Richards and welcome to the show u. S. President donald trump has made good on his threat to end hong kongs special status trump has signed an executive order to strip the city of its trade privileges and bring it in line with Mainland China he also announced sanctions against officials and banks involved in beijings crackdown on Civil Liberties in the territory to their side legislation. And an executive order to hold china accountable for its oppression of actions against the people of hong kong. The hong kong or tanami act which i signed this afternoon passed unanimously through congress this law gives my administration powerful new tools to hold responsible the individuals and the entities involved in extinguishing hong kongs freedom weve all watch what happened not a good situation their freedoms been taken away their rights have been taken away and with it goes wrong in my opinion
Keeping people safe in mogadishu. And a british street artist banksy it goes underground for his latest project a comment on the Current Crisis its message if you dont ask dont get. Im Claire Richards and welcome to the show u. S. President has made good on his threat to end hong kongs a special status trump has signed an executive order to strip the city of its trade privileges and to bring it in line with Mainland China he also announced sanctions against officials and banks involved in beijings crackdown on Civil Liberties in the territory. To their side legislation. And an executive order to hold china accountable for its oppressive actions against the people of hong kong. The hong kong or tanami act which i signed this afternoon passed unanimously through congress this law gives my administration powerful new tools to hold responsible the individuals and the entities involved in extinguishing hong kongs freedom weve all watch what happened not a good situation their freedoms been