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Climax kaiser this is the kaiser reports the world is full of day trader stock trading is free and got all that free money from the government has a lot of people speculating whats going on they say well you know. Money printer. And of course what always follows the problem when it was just going to the top 00 point one percent. You know is the moral hazard right moral hazard is an issue and were going to show you how that plays out how that has trickled down to the rest of the economy as we predicted here in report when people were piling in on their robin hood up into her its a bankrupt company now we see amateur j. C. Penney traders beg judge to save them from white powder and this is the story of American Financial markets since especially 2008 they are only acting like the leaders of our Financial System like j. P. Morgan like jamie diamond and amateur investors wh ....
Plus the titanic is making news once again an Expedition Team wants to retrieve the telegraph radio used right before the ship sank to the bottom of the ocean well tell you all about that right its time to boost your news i q. Fed chairman Jerome Powell is testifying before Congress Today on the health of the u. S. Economy in a current and post pandemic america hell be cruising in on the good morning news from the retail sales sector posting the best data they have seen in a while so for more analysis and discussion lets go to ben swan hes an investigative journalist and cohost of boom bust and host of news with Rick Sanchez Rick sanchez gentlemen good to see you both ben i want to go to you 1st have we finally turned a corner since the pair. And also whats drivi ....
The titanic is making news once again an Expedition Team wants to retrieve the telegraph radio used right before the ship sank to the bottom of the ocean well tell you all about that all right its time to move through news i q. Fed chairman Jerome Powell is testifying before Congress Today on the health of the u. S. Economy in a current and post pandemic america hell be cruising in on the good morning news from the retail sales sector posting the best data they have seen in a while so for more analysis and discussion lets go to ben swan hes an investigative journalist and cohost of boom bust and host of news with Rick Sanchez Rick sanchez gentlemen good to see you both ben i want to go to you 1st have we finally turned a corner since the pandemic hit and also. Wh ....
Dollar is mostly higher against some of these currencies. The kiwi and the aussie which were the early outperformers seem to be also moving some ground. The aussie certainly has had a relentless rally. Take a look at what has been driving the sentiment here today. The likes of oil. After six straight weeks of gains, this rally seems to be taking a bit of a pause. You take a look at brent, still hovering around 42, 41. New york crude around 39. 52. We are watching the likes of the u. S. Tenyear. We have surged to a high on the jobs report for friday. We are backing off from the fed when they take the stage later this week. The yield curve is one of the steepest in three years. Expect it to steepen further from here. Chinas trade surplus surged to a record in may as exports fell left and inspected. Helped by an increase in medical related sales per lets get more on this story from selina wang in beijing. What is the context between the trade surplus . The numbers were much better than th ....