The flames that consumed forests and entire residential areas. Cut. Rising temperatures water shortages land clearance theres an abundance of flammable material once again i did most of the stuff in the 1st. Summer going to snow. Mobile concentration the world on fire starts aug 12th on t. W. Teenagers in the u. S. Might be able to keep that to talk account softer all u. S. President over trump seems open to microsoft buying the chinese run social media site about they could be conditions attached empty offices a spooky sign of the pandemic but could it become the norm Companies Make big savings and we get to work from home. And Japanese Firm comes up with one way of dealing with the nations labor shortages allowing employees to keep working until their right seat. I mean physical and lets do business white house trade advisor Peter Navarro suggests microsoft to vest its holdings in china or if it buys the popular chinese app to talk the u. S. Tech giant has over 6000 stuff in china wi
As big as apple and starbucks and shut down a major form of personal communication between the u. S. And china. Doubtsre increasing about an agreement on another round of stimulus. The president now expected to bypass congress with more executive orders. Microsoft leading some of the declines today. Scarlet fu has been following the market action. Talk to us about the trading moves on the back of all this tension rising between the u. S. And china. Scarlet fridays in august are not usually known to be heavy news days, but we had a jobs report today and we had President Trump stepping up his campaign against chinese Tech Companies. The stock market closed mixed with the s p and dow little changed. Between a huge contrast small caps and the nasdaq. Focus really on gold. The relentless rally in gold prices and the selloff in the dollar, the better than expected jobs report reverse that trade. Gold still finishing the week up. The dollar finished up 0. 5 . There is concern that that jobs r
29, 30. And thats what were going to hold it right now. A maximum of 30 people were allowed in initially. William pham was first. He says the people waiting were getting a little frustrated. At first it was okay. Maybe when it gets closer to go, it got a little hectic. Shop. 31 and 32 had to wait until two customers left, and they were not happy about folks in line standing so close. Were not going make foolish decisions. Were going stay our six feet. But thats on them. The Sneaker Store was the only really busy business inside. Masks ma. The food court is open but some chairs have been removed to keep diners farther apart. The mall itself is open, but not every store inside the mall is open. The general manager tells me about 50 are still shut down. And some of the big chains like jcpenney and macys, they all reopen next week. But locally owned businesses like slime world, yes, they do make custom slime for kids parties and the like are open and prepare fog see regular customers again
Points, we were down more than that nasdaq inched up have we already bottomed thats big question i heard all weekend. I was operating that might be temporary, would revisit the march lows, perhaps even taking out that level figured retest was virtually inevitable there was just too much weakness in the system. All through here, just knew things were going very awry. Now im feeling more confident about the future i said this morning im not going to be as negative. In part because the federal government has made unprecedented moves to prop up the economy. Very good things in that 2. 2 trillion rescue package, but fdic went nuclear, adopted a malcolm x approach to keep his economy alive by any means necessary. Fed chief has unlimited firepower. Sure its great that the government is providing forgivable loans to Small Business owners to keep employees on payroll and great we expanded Unemployment Insurance to be collected by gig employees too. Now we know fed wont let every retailer with m
Its. Going to conform to the sale of sites like. Don that thong store what that he teaches us to pee in the reaching in law school. Not to post the parts cook it does monkey. Eat a file that you must go all forms. Of when you got told was about id seen a paulist duffs i use in york at loggerheads with one of my people have no idea what i missed was that until i kneel or look at those that screw up on the sand to give. Me a. Jab. She will want their money fully checked 1st my 1st. Live. Example right. Here. And there just to talk a little are your constituents not this much and that those tell me that what i do not seem to get is. It was. This. Was you know if this is. How do you get this thing is not just walked on a yacht its not like us politics to be a target that states in the you know well lets talk. Dogs. To goats mamma for the 50th fiji if i did that and you know if. Covert yet. If somebody is the most each day should belong churchill. Shill 5. I want them thats the concern here