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Flow through china revealing how vulnerable Many Companies have become on the move new opportunities and new threats the coronavirus has so far wiped 7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry and pharmaceutical companies and the chinese a leader is in Artificial Intelligence and robotics so the partial shutdown of the chinese economy there was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. When the color of yours if the corona virus gathers speed and cripples more and ....
Shape as i keep saying, then how the heck can i keep calling for a rate cut i dont need a rate cut. On a day when the dow gained 50 points, the nasdaq dipped 3. 6 , i think this is an important question especially given the feds yearly jackson hole con fab getting Coverage Today and tomorrow on our network. As the consumer well, lets just say, what do we know about the consumer consumer shops at watch, which is my acronym for walmart, amazon, target, costco, and home depot. What do we know about the consumer at these stores doing quite well we know the Unemployment Rate is at its lowest level in 40 years, so why in the world is President Trump trying to hector the fed into cutting interest and why do i believe in the president because its not that simple, people as i explained last night, weve got two economic world ....
And why is apple building that mysterious White Building at the site of the event . We will look into all these key questions. And burning man will catch fire theanother three days as annual festival brings 70,000 people to nevadas blackrock desert. How big is burning man, and why does it attract so many tech titans . Lead. To our a genetic week inamazon rivalry dramatic week in the amazongoogle rivalry. Amazon bought videogame site twitch, and now google has revealed project wing. Like amazons octocopter dont look for the technology soon. Google says it will take a few years before the system is ready for commercial use, but it is possible. Not to mention the Drone Delivery Technology is several years away from government approval. Cory johnson with me here in the studio. Joining us from san diego, Paul Kedrosky ....