Page 18 - Caleb Silver News Today

Tracking NYC's economic recovery from the coronavirus pandemic

Subject:* A friend wanted you to see this item from WRAL.com: https://wr.al/1Jbd6 Theres still time to make charitable donations that could help you save when its time to file your 2020 taxes. Show Transcript anyone making a list and checking it twice may want to add a charity. Theres never been a more important year to give them 2020. And theres so many organizations in need, but you could do it and give and lower your taxes. In the process. Those tax advantages can be substantial. According t...

>> lets put all that side. look at the stock market. this is a huge rise in the stock market. the president connects his success with the stock market. theyre not just rich wall street guys, there are 401(k)s, retirement accounts. people look at the stock market and feel great about it. >> stocks in the economy are very different, though, and i know you guys know that. but not everybody is invested. about 45% of the country is invested. some are invested through 401(k)s. its a great time to be i...

Caleb silver. china has done something that america cant do. america cant take some action to lower its currency to make american goods more competitive. >> the main reason for that is the u.s. dollars is not pegged to another currency. the u.s. dollar is a free floating currency thats valued at what the market says, based on its supply and demand. what can we do to lower the value of u.s. dollars. there are other ways but it is much more complicated. currency manipulator is mostly symbolic but ...

Treasures but the yield is down. >> when demand goes up, the price goes up. >> if you are wondering why everybody is selling at the stock market, this is what they are doing. >> in go gold and treasuries. everything from mortgages to autoloans are based in part off of the u.s. tenure-year. this is not a good sign for the overall health of the economy. the only good news is consumers may be paying less to borrow money at the moment. it is a signal. >> money gotten cheaper but not at a good time. ...