Dont meet those goals and some of my friends jane if youre maybe if you dont die for a month youre going well you know the. Moment. Our lives. Change or more our lives aaron change. The for us the one business show you cant afford to miss. In washington coming up u. K. Crash into its deepest recession on the record will explain how it compares to other rich countries around the world Precious Metals are climbing their way back. On to the can they return to the old record highs have a lot to get to so lets get started. On wednesday britain officially entered a recession as coronavirus lockdowns hammered the countrys output well the office for National Statistics show the countrys g. D. P. It plunged by 20. 4 percent in the 2nd quarter of this year this is its deepest recession on record this comes after a dramatic fall in output of 2. 2 percent in the 1st quarter of this year while the countrys Statistics Agency compared it to an annual rate of about 59. 8 per cent and u. K. Chance to k
For National Statistics show the countrys g. D. P. It plunged by 20. 4 percent in the 2nd quarter of this year this is its deepest recession on record this comes after a dramatic fall in output of 2. 2 percent in the 1st quarter of this year while the countrys Statistics Agency compared it to an annual rate of about 59. 8 percent and u. K. Chance to knock said although these are hard times theres still room for hope. We talking about this a few months ago said the hard times were coming and todays figures show the hard times that here hundreds of thousands of people have already lost their jobs and suddenly many more will. Say to people all the tough decisions law ahead for all of us no one will be left without hope or opportunity. But g. D. P. Did expand by 8. 7 percent in june showing some promising signs still that 2nd quarter really hit it hit steepest among other rich countries and 2nd quarter u. S. And germany actually lost around 10 percent of their output italy lost 12 percent
National security and tiktok says it is pure politics. And the official nomination of President Trump at the republican convention. He says his opponents want to steal the election. Haidi we have again u. S. ,arkets with fresh record highs a little relief given expectations of the fasttrack process when it comes to vaccines and therapeutics as well. The s p 500 notching another alltime high, there is optimism the virus will not hamper growth. We are seeing a muted session on it comes to the futures sessions, flat at the moment. Little negative when it comes to the start of trading in asia. The nikkei to do five trading in chicago seeing downside about 1 10 of 1 . Dollaryen holding. The biggest declines in the g10 space was the kiwi and looney. We are also watching the price of crude as we have twin storms approaching. 80 of refinery output in the gulf of mexico has been halted, potentially seeing some impact when it comes to crude prices, which did rise, gasoline hitting the five month
Industry and the government isnt even picking up the phone. Already strike two for baseball the season just hours hold this is tuesday, july 28 on cnbc good morning, good afternoon, good evening im Brian Sullivan good Tuesday Morning will today be a follow through like everything did on monday. It is early. Dow futures are up about 33 points stocks and gold rising gold adding 2 highlighting up another 8 yesterday. That is a new record high for gold 1,931 an ounce check the etfs that track these moves. Maybe you dont want to load up a wheelbarrow with this. The gdx gold minor also at january 2013 highs as well not to be left out because everybody is a day trader now, right . Robin hood users get in. Lets check on the action since january as well as the slv that is the blue line there is the robin hood holders gold is the price. It goes back about two years you can see on the far right, a big jump in the number of robin hood users buying or holding that etf it has become maybe, i dont kn
Whatsoever theyre pure slight of hand. Do i have more pencil . Stocks are also exactly what we need to help keep this market moving higher like we did today with the dow gaining 290, s p jumping and the nasdaq 2. 13 because apple and tesla gave you fantastic news about what it should be a 4 for 1 and 5 for 1 stock split respectively again, no new value but boy, do people love it theres a reason we have to feed the bull with more nourishing stock blitz and ill tell you why. Years ago individual investors deserted the stock market with the implosion of 2000, 2001 and financial crisis of 2007, 2009 they gave up on the asset class and started tiptoeing back, looked enticing and something would go wrong 2015 mini crashes. But in the past few years, beaten down individual investors, a lot of younger investors intrigued by low to no commissions. Finally started buying stocks again. Despite all the gray beards telling you its impossible to beat the market, despite the supposedly brilliant Mone