Us now for the kaiser report looking into the ongoing turmoil on the global stock markets. I am x. Cause or this is the kaiser report lets talk about the overall economy hows it doing max were talking about the g. D. P. Now forecast Atlanta Office of the Federal Reserve predicting a five point four percent g. D. P. In q one two thousand and eighteen preston j. Byrne response wow these are reagan early one nine hundred eighty s. Numbers thats a lot of growth brought on by a policy is that would stimulate growth so what is the opposition going to say to try to make this sound bad i dont know well i imagine youre a guest in the second half is going to say the atlanta fed has always had an outlier saying wow the economy is booming and in fact theyll have to revise it down to like two or three percent right now theyre saying its five point four percent it could just be a parting gift for janet yellen who was the chairwoman of the Federal Reserve i can pull up my collar in honor of her you k
Convicted or frowned to be guilty of fixing those prices and they pay a fine now if you apply the same justice to the people that were stealing the log detergent from various shops in the ghetto you would go to them and say hey man dont steal everything from the store and they would give you like ten bucks and say heres my final ten bucks fine leave me alone dont dont bother me i got stuff to do and then they would do this crime these prison population in the cost of persian population would die would go down substantially if they apply the same sense of justice to people stealing stuff from stores as they do when they allow banks to commit larceny and wholesale theft willy nilly without any deterrent whatsoever think of the jails would be only half empty or a quarter empty just all you know charge people a small fine and allow them to go steal from your moms and grandmother to pay that fine like the banks do to pay the fines these banks steal in the open market from each other from th
My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not going to wake up every morning wondering if we have a job. Were going to wake up every morning wondering how many jobs we have to do. Its not always pretty. Everything is going to change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 2010, Justin Romines started rayjus with his fishing buddy, ray odom. Justin if you take the graphic stuff out of there, i bet you its almost. Lemonis as 50 50 partners, their goal is to bring professionallooking sports shirts to amateur fishermen. Katie we only need five small. Justin okay. But were short this material for all this . Katie correct. Lemonis with little experience in the apparel industry, they set up a fullservice operation in lawrence, illinois, where they cut, sew, and print customizable garments. Katie i expect at least two to three more of these today. Justin well, then, fine. Well ship t
E. T. S. You know they really love these e. T. S. The two the top two recipients of the of these funds flowing into e. T. S. Where state streets s. And p. Five hundred e. T. F. And then i shares s. And p. Five hundred e. T. F. So theyre going for the s. And p. Five hundred eighty s. The next the previous largest inflow of e. T. F. Funds was in december twenty sixth seen well its very dangerous because this a multitude of e. T. S. Would have the same stock in their e. T. F. So youd have multiple claims on the same stock its a fractional reserve model and so if there is a downturn lets say the market dropped twenty twenty five thirty percent and theres liquidation and you try to liquidate these e. T. F. And ten or twenty ts own the same thousand shares of i. B. M. Or General Electric or microsoft which one truly has no share. Theres none of them have it for sure and its a compound ing of the cascade as it drops down into a black hole called a damn a bull market catastrophe sucking sound
Stuart ive got a feeling tonights the night whether it is good for trump or good for biden. Something happening tonight. 100 million americans will be watching. Like i said earlier i might stay up late for this. Lauren got to see it. Dont think you can do that. Stuart i am thinking of taking a very early nap, sleeping as long as i can and waking up at 9 00 to watch the debate. We will see. Enough of my personal habits. Good morning. It is 10 00 eastern time. Straight to the money. We have all turned green, the dow was up 17, the nasdaq is up 53 points. The 10 year treasury yield had been going up. Now it is going down a bit, 428. Down a little. Maybe that is helping the market. Price of oil 80 a barrel, near 8169. Bitcoin struggling a little but moving, 62,000 grand for one point. We got the latest read on pending home sales. More news on the real estate industry. Lauren the deal not close, they fell 2. 1 in may and fell 6. 6 for last may but i offer a glimmer of hope from the National