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MSNBCW Jose July 4, 2024

Good morning, it is 11 00 a. M. Eastern, 8 00 a. M. Pacific. Im jose diazbalart, and we begin this busy hour with the intensifying 2024 race for the white house. This morning former President Donald Trump faces criticism after making a new warning when discussing placing tariffs on cars from china. Were got to put a 100 tariff on every single car that comes across the line, and youre not going to be able to sell those cars. If i get elected. Now, if i dont get recollected, its going to be a blood bath for the whole thats going to be the least of it, its going to be a blood bath for the country. That will be the least of it, but theyre not going to sell those cars. Trumps critics say he was inciting violence, but this morning trump posted he used the term blood bath in reference to imports allowed by President Biden, which he said are killing the auto industry. Meanwh ....

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BBCNEWS Asia July 2, 2024

and also crypto prices higher. specifically, i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. now, let s talk about liquidity i think in the past few weeks we have seen actually easing from china, and also from the us, the fed has been injecting liquidity through running down its overnight repo facility. also, from a seasonality perspective, november, december tends to be actually quite favourable in terms of financial conditions. indeed, the rally in bonds or the fall of interest rates have helped also financial conditions to ease in the past few weeks. hence, we have seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is the us dollar. now, of course, both gold and crypto currencies are denominated in us dollars and when the us dollars become weaker, that is actually a tailwind for both asset classes. obviously, as we mentioned, given tha ....

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BBCNEWS Asia July 2, 2024

there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let s talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we ve seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is for the us dollar. both gold and crypto currencies is dominated by us dollars. when the dollar becomes weaker that is a tailwind for the causes. given that the market is now pricing in an increasingly probability of cuts are starting as early as april next year, the us dollar has been weakening versus both other currencies including gold and ....

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MSNBC Alex Wagner Tonight June 4, 2024 02:11:00

This is we don t want to leave it up to somebody sitting at the irs, an employee of the federal government deciding that they should initiate an audit of the president of the united states. we think that ought to be done by operation of law and not left up to a person who indirectly or directly reports to that very same president of the united states. that obviously doesn t make sense and that s one of the reasons we are anxious to move forward on legislation. the purpose of the purpose we ask for all this in the first place. it s a try to see if this is working and how bad it is to correct it. we ve come to the conclusion that this is worth and many of us expected. i don t expect there would be no audits initiated. i was shocked to see that. i think the other thing that confuses people is that president trump said, for a while, but the reason he could not release his tax returns is because they were under audit. how does this factor into all of this? ....

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MSNBC Alex Wagner Tonight June 4, 2024 05:11:00

Sitting in the irs an employee of the federal government, deciding that they should uninitiated the audit of the president of the united states. we think that ought to be done by operation of law, and not left up to a person who indirectly or directly reports to that very same president of the united states. that obviously doesn t make sense. and that s one of the reasons why we are anxious to move forward on legislation. why we areit s the purpose we al this in the first place, is to try and see whether this is working, and how bad, if it is bad, how bad it is to correct it. and of course, we ve come to the conclusion that this is worse than many of us expected. i didn t expect there would be no audits initiated. i was shocked to see that. i think the other thing that confuses people is that president trump said for a while the reason he could not release his tax returns is that they were under audit. how does that factor into all of? this was at a different i m assuming that was ....

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