Would be bad for stocks and even bonds but they actually favor commodities do you agree that thats where were heading. I think frankly. Were all on we go with. The artificially low Interest Rates which traditionally. The 2nd part of your. Model which i think its in. Our Financial Instruments for our. Long term. If you read it right. So what youre going to see is. Later. Policy and then the supply destruct. Were. Certainly well on the way. When people are turning to commodities versus you know as as a dollar continues to weaken kristie china seems to agree with this line of thinking as its announced that it plans to boost its strategic commodities reserves to ease anxiety over both the energy and Food Security well what disruptions are they preparing for and what are they actually stockpiling. What china announced that starting and 2021 it will make quote men most purchases of crude Oil Strategic materials as well as farm goods so Officials Say that this is being done in order to ensure
Coming up the United Kingdom start a major trade agreement with the worlds 3rd largest economy but details of its 1st post that deal will they remain unclear some republicans failed stimulus this week take a look at the profit in the market then politics but arties. We have a lot to get started. The United Kingdom just clenched its 1st major postbag to deal with the worlds 3rd largest economy well the agreement with japan is a big one for the u. K. Japanese foreign minister confirm the agreement was reached in principle. At 4 pm i had an Online Meeting with International Trade secretary liz truss and we have reached agreement on comprehensive Economic Partnership between japan and the u. K. In principle. In a press release britains trade department stated the deal is expected to increase trade between the 2. Countries by 15200000000. 00 euros while u. K. Businesses will benefit from tariff free trade on 99 percent of exports to japan well the deal still needs approval by Japans Parliam
Company ipo in a year, if approved by President Trump. Is this ride hailer. Eeking to shore up cash haidi lets look at how we are setting up for the final trading session of the week in asia. After a pretty lackluster session, we had u. S. Stocks passing some of those parsing some of those losses, still dropping for a second day but finding support after bouncing off the 50 Day Moving Average on the s p. S p futures seeing a little positivity on the u. S. Fridays session, about 0. 2 higher. Tax leading the client is apple, facebook and peppe microsoft are weighing on declines. We saw a Little Movement in treasuries as well. In asia, the nikkei 225 is seeing an upside, 0. 1 when it comes to futures trading in chicago at the moment. Dollar weakness yen strength will be an issue, the. We have the yen appreciated to the strongest level in six months across broad dollar weakness. The u. S. Dollar index falling for a fifth straight session. We are also keeping watch on the dollar and how it
A press release britains trade department stated the deal is expected to increase trade between the 2 countries by 15200000000 euros while u. K. Businesses will benefit from tariff free trade on 99 percent of exports to japan well the deal still needs approval by Japans Parliament which would be passed by january well this comes as britain published an initial estimates on the countrys growth for the month of july a summit show that the g. D. P. Grew by 6. 6 percent this according to data from the office for National Statistics the economy showed a decline of 11. 7 percent compared to the same period last year now full u. K. Recovery is not expected until 2022. We focus a lot of equities but it turns out many of the biggest movers this year are commodities well oil being one of the biggest decliners down over 40 percent and Precious Metals were. They are taking the spotlight as gold reach new all time highs just this year joining us now to discuss bill must cohost and rick roll c. E. O
Unraveling the dow gained 131 and s p inched up but tech, yes, the tech heavy nasdaq declined. 60 . I say get used to this this kind of volatility is now here to stay i think september is the month this whole new investors who believe that stocks only go up, i think they get a rude awakening. Sure, long term stocks do go higher they have. They tend to do so but not long run, were also dead short term, when they go down, they go down hard. Which is why you need some cash on the sidelines cash king to treat these pull backs as buying opportunities and not be afraid. With that in mind, whats the game plan for next week . Housing is among the strongest groups thanks to low mortgage rates. Thats how lenar could rally 40 . I dont want to hear this gain is fake because the Federal Reserve is propping up the economy. When you take that money to the bank, they dont care. In our reports on money and after the close and unfortunately, i think the easy money here is made even though i think its a