Morning. Dow, nasdaq and s p scoring fourth straight month of gains. One of americas old retailers filing for bankruptcy. Lord taylor hit hard by the coronavirus pandemic. Surprising results of new study ahead. Mornings with maria is live right now. Dagen global action, european markets up across the board. The euro zone economy showing signs of some growth, purchase Managers Index there for july coming in at 51. 8. Anything over 50 shows growth. In asia overnight mostly higher, private survey of chinas Manufacturing Activity showing growth for july. Purchase manager index hitting 9year high. Gold shines, on a roll closing in on 2,000 an ounce. White house officials and democrats set to meet again today to discuss covid19 stimulus bill. Cheryl white house chief of staff mark meadows says we still have a long way to go and hes not optimistic about reaching a solution soon. Democrats want the extra 600 of Unemployment Benefits which ran out last week extended an republicans want to reduc
Order. The joint subcommittee hearing is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state r
Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c
Post nine. Also joining us this morning on set, s p 500 Global Portfolio manager erin gibbs and Business Insider editor in chief henry blodget. Carl is on his way to pong clanclan pyeongchang. He made it. He did . Yes we have a lot to get to were having another wild session for stocks following yesterdays action you saw the dow end in the red for the third time in four se s sessions were down 430 on the dow. The s p 500 is down over 1 . Volatility continues erin, whats your take here . Is this just going to be something we finally starting to see again in our markets that we had become perhaps unaccustom to yeah. For us, were really looking at this as a full reevaluation whats the shift how are you going to allocate between bonds and equities valuations, we came in really high at the beginning of the year and all of last year every time the markets got pushed up, we kept saying well where else are you going to put your money . That was sort of the argument. And now were seeing some oth
Prices are much higher on all these cryptocurrency is than they were back in twenty thirteen bitcoin was down in the hundreds it is how the point of the phone has a government now slow on their feet to move in for wages and the way to fight back is vehicle of course you have to ensure with your head up what you have your own sovereignty dont rely on the government to provide sovereignty for you they provide sovereignty for corporations not labor thats the message for seven years if youve been standing and waiting for better prices waiting for better prices youre going to be waiting for the rest of your life youll never be a sovereign individual. You know you yesterday in the last episode you interviewed harry you. Storm tokyo so there are other ways to enter the Crypto Markets by the way you dont have to like to hear savings take your cast and convert it to crypto and then. You know suffer the anxiety of the ups and downs of the Crypto Market. Because it could be very volatile for a wh