Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
Beyond. That first macro trends advisor mitch rishel joins me now, retailers were already offering deep discounts ahead of the start of the Holiday Shopping season despite all the advanced shopping, is there still some pentup demand . I think theres tremendous pentup demand, deep discounts went down into the summer and some retailers especially the division is offering them as black friday deals on fridays in july and august, tremendous pentup demand, i think its cabin fever, retail therapy, i think there is enough momentum to carry us through the holidays with the level of volume. Dagen is there enough money to curious into the holidays remember the extra money people were getting on their unemployment checks that expired at the end of july, is there enough money that people have socked away to really drive sales . I think so, you look at the savings rate which spiked in april and even has come down a bit, it is still two times the level of savings that americans normally do think abo
Is a second percentile move going back to 73. Look, if youre a stock guy, youre thrilled because we are so tired of hearing on a Constant Currency basis. This time it could be very big earnings for a lot of Companies Overseas and Procter Gamble and really, really well in this environment. J j does really well the gold run is a combination of Central Banks printing money and also a pest misimistic view on is going to happen with covid we try ceos who are very excited about their vaccine the more people say this is going to end and at the same time we have a huge spring board because of all the money being printed. Things will be good. David, ive never seen a moment where you have a coiled spring if good news happens, but if you dont get a vaccine, just get ready for another one of these things in a couple months. Well, i mean, were looking right now at the board there were showing moderna and the progress, jim, that they have made towards a vaccine the news this morning, of course, is t
I think it is very important for the American People to understand that this is a dangerous world, that we live at risk and that this nation is at risk in a dangerous world, and that they ought not to be led to believe as a conflict. Once of these hearings that this nation cannot or should not conduct covert operations. And thanks for joining us for American History. Tvs Congress Investigate series, which looks back at significant congressional investigations. This week, the irancontra investigation. Of 1987. Joining us, jim townsend, director of the levin center for oversight and democracy. Mr. Townsend, in a nutshell. What was the irancontra affair and how did it begin . Well, the irancontra affair was a scandal that erupted in 1986, 87. Under the Reagan Administration involving and really com collects web of activity centered around an effort by the Reagan Administration to provide aid to the nicaraguan contras who were rebels, who were trying to overthrow a socialist government in
Risk in a dangerous world, and that they ought not to be led to believe as a conflict. Once of these hearings that this nation cannot or should not conduct covert operations. And thanks for joining us for American History. Tvs Congress Investigate series, which looks back at significant congressional investigations. This week, the irancontra investigation. Of 1987. Joining us, jim townsend, director of the levin center for oversight and democracy. Mr. Townsend, in a nutshell. What was the irancontra affair and how did it begin . Well, the irancontra affair was a scandal that erupted in 1986, 87. Under the Reagan Administration involving and really com collects web of activity centered around an effort by the Reagan Administration to provide aid to the nicaraguan contras who were rebels, who were trying to overthrow a socialist government in nicaragua. The reagan ministration was devoted to trying to concern about what they thought would be soviet influence coming in to Central America