Fed president Robert Kaplan this hour. President trump orders chinese to shutdeo app tiktok down in the u. S. Next month unless there is a deal with microsoft or another leading american company. Breaking news out of south korea. The cpi numbers for the month of july year on year, a growth of 0. 3 . This is of course after inflation remains flat for the previous month year on year. We have seen somewhat muted demand. Perhaps weighing on the month on month numbers. We are seeing inflation at zero growth. This really missing expectations that prices would rise 0. 1 if also inflation is decelerating from the previous month of june. Core cpi take out oil prices, and you get a rise of 0. 7 , in line with estimates, and slight acceleration from the previous month. We have seen brent crude prices recover somewhat from aprils slump but still down 38 year on year also. The are also expecting tokyo Inflation Numbers within the hour so take a look at what japanese futures are doing at the moment.
The National Defense authorization bill today for 2021. There there are a number of amendment votes scheduled for this afternoon. Live Senate Coverage here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Eternal spirit, grant to this nation, and to all people, a social conscience built on the vision of the ancient prophets who saw sufficiency for every person and a time when anxiety would overcome chaos and hopelessness. Hasten the day when the small and weak can make their contributions alongside the great and powerful. Lead us to the day when we will see peace among the nations of the earth, when swords shall be beaten into plowshares. Use the members of this body to bring us to the time when your will is done on earth even as it is dob in heaven. Lord, we trust you with our future. Let your glory cover the earth as the waters cover the sea. We pray in your mighty name. Amen. The pr
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
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