The hardening of the peoples money in a time of hyper softening of money of infinite feel it and who steps into the rink into the big coin rink with all of the arguments that weve been making for the past 09 years about bitcoin here on this show well Paul Tudor Jones buys the queen with reminder of gold in 1970 s. Maclin best for Paul Tudor Jones is buying big coin as a hedge against inflation he sees coming from Central Bank Money printing telling clients every mind him of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredibly big news Paul Tudor Jones is a seminal figure in the Hedge Fund Industry in the money manage an industry going back to the early 1980 s. Even before and hes got about 40000000000. 00 hes got a position now and because in the low Single Digits we know that typically his style is to scale into a position so i expect him to be 5 or 10 percent of that plus he is the ultimate alpha dog in t
Trade as the peoples republic has waived tariffs on some imports from the United States straight ahead we bring you expert analysis into what lies in store for the worlds 2 largest economies plus tesla is defying california orders and has reopened operations within the state what does this mean for the auto giant we have a boom bust panel on hand to break it down got a packed show today so lets dive right in. And china now its tuesday a new set of u. S. Products eligible for waivers from its allegory tariffs put in place amid the height of the trade war between the worlds 2 largest economies now the Chinese Foreign ministry issued a statement saying the waivers on 79. 00 products will be put in place on the 19th of may and expire in may of 2021 the new list of products with waivers includes or is of rare earth metals gold ores so wars and concentrates as part of the phase one trade deal between the 2 countries signed in january china agreed to increase imports of u. S. Goods by over to
Discussions series in which we explore the landscape of Economic Opportunity and the implications for individuals and families and communities all across the United States. Our deep appreciation goes to the foundation walmart, cigna and Mastercard Center for their support of opportunity in america series. Focusing on advancing strategies and ideas to help Small Businesses thrive in working people and Small Businesses are taking extraordinary challenges in many a Small Businesses in the Economic Opportunity center to recognize the ethnicity and gender to play the outside role in who has access to opportunit opportunity. And we see today black and latino the health risk are black and latino Small Businesses with ability with covid19 and to get them through. Today is but talk to explore the history of the racial divine and the consequences and how we can emerge the Current Crisis what we had accepted as normal but a healthier society and a stronger economy to the nations ideals and shared
About with joe, andrew and becky and the degree to which walmart can post a 74 increase in ecommerce it looks like the big guys won. You basically had them cordoned off as essential services. So many other companies, little companies, medium, small, just couldnt compete this is what happens when you have a survival of the fittest economy. This is darrwin playing out. These numbers are astounding if the stock had not run up every day, i wouldnt know what to do. Add back 60 cents for home depot and before you start selling it thats the costs they said home depot had to keep traffic back they had to hold back traffic because they were trying to do it safely. Walmart had these big stores, they were set, ready, and their dotcom, ever since they bought jet. Com has been amazing they also can do a lot of food these are Great American companies that are on fire the move in walmart is stunning ever since he decided doug mcmillan, who is on squawk tomorrow, decided to creator the earnings in ord
We will receive testimony from the secretary of the check treasury as required under title iv of the cares act congress has appropriated 3 trillion to protect to fight the pandemic and to stabilize the infrastructure of our economic system. A large portion of this funding is from the title iv of the cares act which has significant resources for loans and loan guarantees and other investments from the Federal Reserve with the emergency lending facilities in the states and municipalities and tribes. The title iv provided 454 billion as the infusion into the Stabilization Fund to support the emergency lending facilities that facilitated the qualities to support eligible businesses, states, local governments and tribes. And to be authorized under section 13 and to stabilize those markets but the Federal Reserve announced the establishment of the intent to establish to support the Financial Markets and businesses including some that are supported by the cares act. Last week other members of