A stream producer there now waiting for your comments in your questions so look at them to me and i can get into the panelist during the show so i hope that you engage here and that youre actually a part of this with us and do it right there in that box ok now i have a question for you right off the top of the show who wants to live in a full on police state with with complete surveillance powers right now for those of you who are on the fence going to show you a video on my computer here check this out let me start this at the beginning this is what a Police State Looks Like these are scenes coming out of Portland Oregon recently those are a crowd of american citizens exercising their constitutional right to gather in protest you can see them being beaten with baton. Charge that by police and Police Vehicles i mean. If youre worried about attack against america or americans the calls coming from inside the house that this is what it looks like let me take you to another video real qui
Reporter insignia can be considered one of the one of one of the haves. These salon owners are have nots. Salon owners upset, the logistics of their shops dont allow for outdoor service. Unfortunately outside is not an option. Reporter Marissa Cabrera has been doing color and extensions for the past three years. Our shop is located upstairs in a building, and in that building, theres no way to, you know, have bring down chairs to set up a tent. Theres no space outside for a tent. Its getting really hot. Were in the middle of summer. So unfortunately its not even feasible for our salon in particular. Reporter even if it was feasible, alamcounty Public Health is not allowing outdoor hair so loans, despite governor newsoms new guidelines, which do permit it, but local counties have the last word. The Alameda Health term said in a statement that covid19 cases and hospitalizations are on the rise quote we do not intend to open any new secretary errs at this time, and will continue to monito
Investors wanting to make sure. It is a shortened week so some traders might be taking off after all of the action earlier this year. David it has been exhausting for traders. He mentioned we had the best quarter last year. You mentioned. That might not be good news because i saw a note from you that said historic as we go back to big shift in the market and there is a recast in the bottom. Recast sixere was a or seven months after the 1929 low. A similar situation in the mid1970s. In 2000 there were several that went lower. 1987, the longterm is as of 2008. All of history does suggest that there is some sort of a significant testing of the s p 500 lows. There are also some options that i talk about saying that there are signs of that coming. When that may come is unclear. Investors are going with the fed and central bank liquidity. Unless there is a systemic shock that undoes what the fed has been able to emblem it and support markets implement, it seems that stocks could go higher. H
Overnight was in the belly of the curve of the fiveyear as the fed committed to keep eyeing bonds. 10 year yield is also at the lowest in a week. You see that in the aussie markets with 10 year yields down , so belowbasis points the 1 threshold. Yen. S are bid up with the it breached that 107 mark. We are still around 10693. Hong kong dollar also breached that small and. End. Very strong side of 775 7. 75. Crude continuing the climb after the u. S. Stockpile data. Highest in nearly four years. Gold futures getting a boost from the fed. Bond yields staying low. That is helping to provide this rally. Has. Haslinda expectations of a long road to recovery. Ovishost average dub signal. Our Global Economic and policy editor Kathleen Hays is here with powerful words from jerome powell. How bad is the feds you of the economy to be so dovish . It certainly has reassured investors that the fed is going to stay for some time. I think when people saw the made jobs report of payroll at two and a ha
I look at gold as the gold capital of the world. Still in we are lockdown pays, although the economy is gradually reopening. I dont think we are effervescent at the moment about anything. But certainly, it did move the markets quite a lot when you saw it above that line. We had a good conversation with jay hambro about that. I know we will look at metals a little more in depth later on. Tom going to be interesting, to say the least. Serious dues on the pandemic worldwide. I emphasized this is not just about america and united kingdom, but real worldwide pandemic. That news here and there some of optimism but it is a challenging story. Diseasesectious Anthony Fauci once the u. S. Is going in the wrong direction. He told the Senate Committee the country could see 100,000 new coronavirus cases a day, from the current level of about 40,000. Several dozen in western states are seeing increases in infections. That is prompting some to put reopening plans on hold. A new poll shows joe biden w