Failed to take the intellectual leap into understanding whats going on here its open source money big coin is. What linux was to unix ok thats all you need to know if you dont understand i just. Get out of money business stop managing money stop talking about money because you dont know what youre talking about and the fact is it is a safe haven play and as 100. 00 trillion dollars worth i dont cash sitting in Family Office accounts Corporate Accounts various manage money accounts is over 100 trillion just sitting there looking for something to preserve wealth and that something will be increasingly big crime well says she. I mean everyone agree with out. There on their feet im getting the standing ovation now wherever i go people throw flowers. I think me profusely know what its like wes she is looking at is that trust lets meet your. Mind because gold has always been a safe haven during times where nations are de globalizing where they dont trust each other and that is when people tu
All the tension around huawei and not a pretty picture one u. S. Senator calling for an investigation into that hugely popular face aging app maybe he didnt like what he saw either its thursday, july 18th Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan before we get to the Macro Markets, look at that. Thats a live check on shares of netflix. Wow, they are down now 11 off 40 per share. Big reason was the reason that the subscribers missed they had the first drop in u. S. Subscribers ever in their streaming age. We have more on netflix and comments from Reed Hastings coming up on this. Before that, lets get to your macro morning setup. Coming off the s p 500s worst day in three weeks we could see a continued drop futures are in the red not big losses dow futures off 60 we are in the red. Volume has been weak you probably dont care about volume you care about price prices have bee
Course when whenever buying restacking sats as they call it and never invest more than you can afford to lose but here is the latest movement in big coin but what is quite apparent and has been discussed at this point conference is that its mostly institutional money this time around and 2017 it was all retail money it was the ordinary person out there like with a 100. 00 or a 1000. 00 to their name this is like the big institutions coming in and you can see that through the google trends you can see that theres very very few searches happening on how to buy that point nor anything to do with big plan so its really an institutional money and here we have a tweet from d. C. Which provides a little link to a segment with invesco chief Global Market strategist Christina Hooper is the ultimate safe haven trade she says that might not be too far fetched well certainly there are a lot of safe haven trades and ive heard some strategists argue in fact that bitcoin is a safe haven trade or perh
Because or this is the guys report we are going to maintain their San Francisco great event put on by a big client magazine a lot of great speakers lot of great talk about it going as its fully embracing a new leg of its bull market very exciting action susie yes well you know were in our whole Summer Solutions beginning of that happening were in summer were into la its all like happening and we have this remarkable tweet here and its from another big player because you know this big move that weve seen a big client and its still very volatile and you know do your own research of course when whenever buying restacking sats as they call it and never invest more than you can afford to lose but here is the latest movement in decline but what is quite apparent and has been discussed at this point conference is that its mostly institutional money this time around and 2017 it was all retail money it was the ordinary person out there like with a 100. 00 or a 1000. 00 to their name this is lik
Euros. Oil prices climb amid mounting tensions between the u. S. And iran as washington ratchets up economic pressure with major new sanctions and President Trump tells nbc news he never threatened to demote fed chair Jerome Powell but claims he has the power to do so if he wants. I have the power to do so. Thats not a threat just a reminder that you can. I have the right to do that but i havent said that. What hes done is 50 billion a nont quantitative tightening, its ridiculous. Well, good morning and happy monday, everybody. To kick off the week were getting german data out. So lets break that down for you. The june efo survey german business moral has fallen in june the Business Climate index came in slightly higher than expectations at 97. 4 versus the forecast of 97. 2 however the execations index come in at 94. 2 versus forecast of 94. 5. Little lower on expectations current condition index risen to 100. 8 in june versus forecast of 100. 2. On forward looking indicators sentimen