Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it
Year yield. Really talking about when you look at the 10 year yield, you look at the charts, it is starting to make an uninversion of the yield curve. When that starts to happen, call your mom or head for the exits. Again, 4. 2 a and new home prices, nothing much to say there. The big story we are continuing and some ofbrexit the key crosses here on sterling. The headline is we are weaker on cable, but if you take a trend from 124, it is something we are trading right now. Lets stay on for brexit now, Boris Johnson will make a fresh attempt to deliver on his pledge to deliver out of the European Union. Supporters say he has enough votes to get a deal out of parliament. The u. K. Prime minister has formally, but reluctantly asked the eu to delay brexit until january 31. Here, justheadlines bring us up to speed. Saturday, he faced a defeat and parliament when he was supposed to be able to bring forward his boat, a meaningful vote to get parliament to this side whether or not they were on
Shade. See that we believe. We can follow us on social media or dot com where you can give us your feedback on those stories and much more actually report is coming up on our. Does or this is the cause a report is like yoga for your mind stacy. Thats right indeed you know what weve been covering for the last 10 years basically their response to the Global Financial crisis which was caused by of course a global crime wave from the bankers and what we did is weve lowered rates weve printed money printed money printed money printed money were printing money is going on the fed is going to be printing tens of billions every day for the net up and talked to over 10. 00 so theyve announced that. The other sort of thing that they did is they intervened in the Property Market in order to prop it up through all sorts of schemes under obama. The likes of say blackstone a massive private equity firm was allowed to take over much of the Property Market here in the united sates also in germany and
They take it out of equity extraction as cash this is incredibly detrimental to the fabric and the character of the nation because theyre not working. And this is what led to bricks in my view well thats my view as well that a cause breaks it across trumpet cause all of the populist uprisings happening around the world of course that the elites instead choose a Conspiracy Theory that some guy living 4000 miles away who doesnt even speak english that hes hes manipulating our population into thinking our programs are bad and of course you know that theyre the Central Banks and to a lesser extent government bodies and treasury departments for example have been picking winners and losers and therefore losers because youre a loser now in the United Kingdom if you havent been able to come up with that 5 percent because in order to participate in the 15 percent of your deposit from free money from taxpayers you have to be rich enough to come up with a 5 percent so if youre not rich enough if
Thats obviously a recipe for disaster in any long term Property Investor and i say sam zell would tell you this is this is a disaster and of course we have some headlines regarding this is sort of this is the classic mistake of Property Developers and now theyve turned it into a huge market like that we work to open ear companies go we theyve signed the billions and billions of long term leases and the idea is to fill it up with short term tenants and the economy is going under and the company is probably going to go bankrupt and that theyre the biggest leaser in major cities all over the world and it was totally predictable there the number one tenant in london denver new york and i think it was los angeles as major cities around the world they are the number one there if they go under theres going to be huge dislocation and in fact were going to get to that headline from the fed president of boston he talks about that but. Heres a 1st tweet if you wake up on a caster mattress hail a