A great weekend. On september 19th 977. 00. Dollars subsidiary of the likes Corp Announced that it will. Be all veterans of 20 to 30 years. To work in your many year who are to believe they were put out on a 3 dont know what were going to do it really started in the late seventies when these companies were able to move their production our shores so you saw the ending of a number of Steel Companies the shifting of manufacturing to the global south where the wages were lower where the environmental rules were not. Either exist in or enforced and thats the beginning of this concept of these transnationals they have the technology to do it they had the Transportation Systems to do it and frankly governments werent stopping them. And i just remember one day i was i was working on the boss come up to me and says thats it were going home. I thought were going home early why is because were closed and you could be closed doors on us or. I dont know what to say. Because its a crying shame real
Nasdaq up more than three quarters . The industrials also back on track today. Is there any reason for worry apart from the fact. I worry when i dont worry. I think because you change months doesnt really change the na narrative. There are pockets of the economy that are doing well and recovering housing, auto, parts, consumers, manufacturing. Did you see the numbers . The new orders jumped 5 the ism was the best number since november 2018. Manufacturing is recoverying i would argue is in a v recovery you have pocket of the economy that are not doing well. That are struggling. We have a million job in initial claims thats why i think youre going to see a fiscal package. You still have a lot of trouble in things happening with regards to travel and leisure and restaurants and that sort of thing. I do think that you get the fiscal package i dont think the change is in terms of my investments because as you recover, the economy recovers you get through the elections. I think profits recov
The german chancellor says the cost are two great. 00 too great. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. This is what markets are focusing on, partly what Angela Merkels, partly Emmanuel Macron. Let me go through the impact heavy on the markets. Areou look at stocks, they really fluctuating after data from the economies here in europe, and that is really costing casting doubt on the resurgence virus infection. We have french manufacturing unexpectedly contracting in august. Highlighting the need for further stimulus. I am also looking at offshore to extend less than six months, seven months, actually, when china market from the pandemic became one of the worlds fastest. This is what we are getting in terms of pmi out of the eurozone, expectations or certainly there in mind with what we were expecting. Barring 50. 1. Coming up later, everything you need to know about Exchange Traded funds. Iq europe is back. Exchange data funds. Pmi w
For and i think hes trying to do that really does. That. Sound a little to no job in the neighborhood it causes plenty of strains on part of peoples emotional state old peoples physical state but. If you could feed your family if you could pay your bills as soon as you went to a major state of depression. When the steel mill said dahlia what i took a major part of the city away this was a a wedding a wedding gown davids bridal. This is 722 steals 3 we have acquired this property from the bottle only count. Lead bank for 1000. 00 house is pretty lets you know just a bad mostly its a lot of theres a lot of stuff. Thats all there in the tunnels so a lot out but itll still have to go. Home you know we just have to clear a lot of the furnishings that was left over whoever was living here they werent here long maybe about a year 18 months max and then they were gone i didnt run across a suicide note that was left i guess either bought a has been or the father of the house he stated that he y
20 to 30 years. To work on your many years you are to believe that we are put out on a very dont know what were going to do it really started in the late seventies when these companies were able to move their production offshore so you saw the ending of a number of Steel Companies the shifting of manufacturing to the global south where the wages were lower where the environmental rules were not either existant or enforced and thats the beginning of this concept of these transnationals they have the technology to do it they had the Transportation Systems to do it and frankly governments werent stopping them. Remember one day i was working on. The boss come up to me and says thats it were going home. I thought were going home early why is because were closed and you could be closed doors on us or. I dont know what to say. Its a crying shame really is. I was a long time or a democrat. But this last election before it came along i switched parties i switched parties on the republican now a