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Here now and now we have a standoff so its going to be interesting to see how the u. S. Response and how the u. S. Population responds or if theyre staring at the moon or staring at the finger or giving the moon the finger you know thats interesting to see how the u. S. Response you know the u. S. Is a plucky group of rugged individualists that have come through tough times before and will see what resources can be pulled one of us through it well we have pulled through other stuff in the past and crazy periods in civil war isnt and mass of the salem witch trials and we you know the mccarthy era and it seems a little bit like that right now that there is hysteria in the elite class because they dont know how to deal with whats going on in the world in the meantime the u. S. Dollar serves as the worlds reserve currency and is used for pricing in trade by a majority of nations around the globe however americans have decided to weaponized. Dollar gave stated making any transactions betwee ....
They dont know how to deal with whats going on in the world in the meantime the u. S. Dollar serves as the worlds reserve currency and is used for pricing in trade by a majority of nations around the globe however americans have decided to weaponize the dollar gave stated making any transactions between 2 nations susceptible to u. S. Action or scrutiny this is a big loss of sovereignty for other nations he said and chinas taking the lead in forming an alternative trading currency to the dollar weve talked to Alison Mccleod here and i think that hes right that it doesnt matter about the currency this guy charles gave actually looks set for example that you know that chinas trying to price the oil and remember and that is not what matters what matters is settlement of the trade where the settlement to the trade happens and as brad sherman a congressman from los angeles points out is that the all trade settles to the new york fed and ....
Dollar has been weaponized and china is really playing the long game by accumulating gold by creating their own futures markets by prepping for this and a very quiet way this is an interesting historical moment for the rise of china is here now and now we have a standoff so its going to be interesting to see how the u. S. Response and how the u. S. Population responds or if theyre staring at the moon or staring at the finger or giving the moon the finger you know thats interesting to see how the u. S. Response you know the u. S. Is a plucky group of rugged individualists that have come through tough times before and will see what resources can be pull. Us through it well we have pulled through other stuff in the past and crazy periods and civil wars and and mass the salem witch trials and we you know the mccarthy era and it seems a little bit like that right now that there is history. Area in the elite class because they dont know how to deal with whats going on in the world in the mea ....
At the start of this on the back of the session stateside where a. I. News dominated. Nvidia news flowed and alphabet with the Gemini Technology to help with the apple a. I. Storst. That stock bounced the most with the s p 500 breaking the threeday losing streak. Take a. I. Away and how much momentum is in the market . We are looking for further clues on monetary policy. We had the japanese stepping away from negative Interest Rates. The Central Bank Clues we are getting around sticky inflation is key to the narrative around what has been bullish sentiment to place bets on a lot of big trades at get going this mornine are giving back. 10 from the outset. From the sectors, red arrows at this stage. Financial as down. 50 in that basket. Utilities, every stock in the basket is in the red. Technology is a fraction weak ....