Of the world china more of our debt in the United States than just about any country in the world so why would they be doing this right well think about it so just today as we reported here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done in buying back bonds and pouring billions into banks in printing 2 trillion dollars to pump into a sputtering economy in the United States what you have what you have is the makings of a weaker dollar a weaker dollar in other words as berts describe it the currency will be devalued. And what china is essentially saying is we see a storm coming and were going to start getting out getting out of the way while the getting out of the way is good so wha
A psychological standpoint as well the message that it would be sending to the rest of the world china more of our debt in the United States than just about any country in the world so what here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done in buying back bonds and pouring billions into banks in printing 2 trillion dollars to pump into a sputtering economy in the United States what you have what you have is the makings of a weaker dollar a weaker dollar in other words as berts describe it as currency will be devalued and what china is essentially saying is we see a storm coming and were going to start getting out getting out of the way while the getting out of the way is good. So
A psychological standpoint as well the message that it would be sending to the rest of the world trying to more of our debt in the United States in just about any country in the world so why would they be doing this right well think about it so just today as we reported here as breaking news about an hour ago the u. S. Federal reserve came within moments of being pressured into lowering Interest Rates below 0 in the end they pulled back from taking them into negative territory but even that build up of what they might do was significant significant enough so china is worried that when you combine what the fed has already done and buying back bonds and pouring billions into banks and printing 2 trillion dollars to pump into a sputtering economy in the United States what you have what you have is the makings. Of a weaker dollar a weaker dollar in other words as burkes describe it the u. S. Currency will be devalued. And what china is essentially saying is we see a storm coming and were g
Well get to him in a moment as well lets begin with our gang today. Jim, ill kick it to you first as we look at the markets here, it is this legit is this move of the last couple of days something to truly bank on you know i always want to give you a direct answer but this one i got to give you a solid, i dont know. Maybe im playing it both ways, scott. Ive got 8 cash which means im 92 invested after a move like yesterday, i wonder should i put it to work i think we retest the lows based on the degree of uncertainty than the 8 cash will be be such valuable currency to me buying to me what will be well below market or fair value prices that the mistake im willing to make is hold that 8 cash and not invest it right now. You must have a feeling of whether or not you think were going back to the lows are you feeling you want to move away from that because of what happened yesterday and this follow through today ill be totally honest with you, yes yes, i am. On the back of a positive change
Hour police in venezuela used tear gas against untie government protesters seeking to oust president went to. The edge we begin in the u. S. Where joe biden has cemented his front runner status in the democratic president ial race is projected to win the big prize of michigan on a day that was billed as super tuesday to the former Vice President is also expected to win in mississippi and missouri 3 other states are still voting its a boost to bidens already dominant lead over the mon senator Bernie Sanders lets bring in david and his own bill who is in detroit michigan forests michigan of course was the big prize tonight saying a crucial victory there for biden whos expanding his lead in the delegate count. Yeah make no mistake about it this has been a huge night for joe biden make no mistake about it as well joe biden is very much clearly the sole front runner now for the democratic nomination were here in detroit and this was supposed to be a Bernie Sanders watch slash Victory Party