Would be bad for stocks and even bonds but they actually favor commodities do you agree that thats where were heading. I think frankly. Were all on we go with. The artificially low Interest Rates which traditionally. The 2nd part of your. Model which i think its in. Our Financial Instruments for our. Long term. If you read it right. So what youre going to see is. Later. Policy and then the supply destruct. Were. Certainly well on the way. When people are turning to commodities versus you know as as a dollar continues to weaken kristie china seems to agree with this line of thinking as its announced that it plans to boost its strategic commodities reserves to ease anxiety over both the energy and Food Security well what disruptions are they preparing for and what are they actually stockpiling. What china announced that starting and 2021 it will make quote men most purchases of crude Oil Strategic materials as well as farm goods so Officials Say that this is being done in order to ensure
Coming up the United Kingdom start a major trade agreement with the worlds 3rd largest economy but details of its 1st post that deal will they remain unclear some republicans failed stimulus this week take a look at the profit in the market then politics but arties. We have a lot to get started. The United Kingdom just clenched its 1st major postbag to deal with the worlds 3rd largest economy well the agreement with japan is a big one for the u. K. Japanese foreign minister confirm the agreement was reached in principle. At 4 pm i had an Online Meeting with International Trade secretary liz truss and we have reached agreement on comprehensive Economic Partnership between japan and the u. K. In principle. In a press release britains trade department stated the deal is expected to increase trade between the 2. Countries by 15200000000. 00 euros while u. K. Businesses will benefit from tariff free trade on 99 percent of exports to japan well the deal still needs approval by Japans Parliam
A press release britains trade department stated the deal is expected to increase trade between the 2 countries by 15200000000 euros while u. K. Businesses will benefit from tariff free trade on 99 percent of exports to japan well the deal still needs approval by Japans Parliament which would be passed by january well this comes as britain published an initial estimates on the countrys growth for the month of july a summit show that the g. D. P. Grew by 6. 6 percent this according to data from the office for National Statistics the economy showed a decline of 11. 7 percent compared to the same period last year now full u. K. Recovery is not expected until 2022. We focus a lot of equities but it turns out many of the biggest movers this year are commodities well oil being one of the biggest decliners down over 40 percent and Precious Metals were. They are taking the spotlight as gold reach new all time highs just this year joining us now to discuss bill must cohost and rick roll c. E. O
Pandemic started and mister kaplan, i think you reminded me that was the day books and books shut down, is that correct . Thats correct peter. At that point we became a virtual bookshop. The only business we were doing was online and we were just exploring how to do our events virtually as well. Is an update five months into this. Its been like a roller coaster to be honest. Weve had up and down area we , we were able through the ppp loans to be able to bring our staff back. Unfortunately when we brought them back our stores were under, they were so shut down because of the pandemic youre in florida. But toward the end of it we were able to open around the beginning of july june or so. And actually not june, i think it was july that i think about it. It was in july we began to open and we opened all but one of our stores. One of our stores we close permanently on miami beach. Were looking forward to finding another space there as well. Whats it been like to have customers back in the s
Francisco. The latest on the dire situation right now. Overnight, President Trump holds his first indoor rally in nearly three months, packed, no social distancing, many not Wearing Masks ignoring nevadas covid restrictions. If the governor comes after you, which he shouldnt be doing, i will be with you all the way. The president takes aim at joe biden as the democratic nominee heads to florida where he is about to get a 100 million boost from former rival Michael Bloomberg. Urgent manhunt. The desperate search for the shooter who ambushed two los angeles sheriffs deputies, walking up to their vehicle and opening fire. The news on their condition this morning. Kicking off. Sunday football re stands. The nfl stars sending their messages about social justice. And brady and the bucs. The two oldest quarterbacks in the league, brady and brees squaring off in that historic matchup. And who is jeopardys greatest of all time . Ken jennings, and hes live on gma. His new role on the show as the