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FBC Maria Bartiromos Wall Street July 13, 2024

Over the past decade. Retail sales plunged to a new low in march as businesses continue to shutter due to this shutdown and stay at home order. The housing sector took another severe hit as Housing Starts and home builder confidence saw dramatic slumps. But while the white house is discussing guidelines to reopen the country as the data shows the pandemic is peaking, how long will it take to recover our economic luster . Joining us to talk about that and investing today in the broader markets during the shutdown is managing partner of the bonnson group, david bonnson. Great to have you this weekend, thanks so much for joining us. Good to be with you, maria. Maria so let me get your reaction to what we heard this week. The president came out with guidelines to reopen the economy in three stages. That certainly sparked a rally in stocks when he first started talking about it. Is this realistic . Do you think that the economy gets ba ....

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CSPAN2 Rep. Cathy McMorris Rodgers Matthew Whitaker Others On China AI July 13, 2024

Threat it imposes to the United States. Held at the conservative conference in National Harbor maryland which is right outside of washington, d. C. The United States and china are involved in a cold tech war. The winner dominates the 21st century. A decade ago, beijing was not considered a tech contender, but now it is a leader. The United States is behind in critical areas. Today we will talk about big data, ai, 5 g and chinas big challenge to the world. Congressman rogers, many people say that there needs to be a whole society mobilization on tech. The question is, is it that serious . Do we need to do this . We absolutely need to win the future and winning the future future means winning this race. This race with china right now, we need to approach at the same whi ....

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CSPAN2 Rep. Cathy McMorris Rodgers Matthew Whitaker Others On China AI July 13, 2024

In the United States and china are involved in a cold tech war and the winner dominates the 21st century. A decade ago beijing was not considered a contender but now it is a leader. The United States is behind in critical areas. Today we will talk about big data, ai, 5g and chinas challenge to the world. Congressman Cathy Mcmorris rodgers many people say there needs to be a whole of society mobilization on tax. The question is, isnt that serious . Do we need to do this . We absolutely need to win the future and winning the future means winning this race, this race with china right now. I would submit that we need to approach it the same way Ronald Reagan did when we seize the ussr and that is what with free markets and a
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RT Boom Bust July 13, 2024

Have we reached a bottom or is this still more room to fall for oil prices its possible that theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see will fall further and therefore will fall through the 50. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on shorts and take that lower but i think that will be short lived i think ultimately the risk is really more to the upside than the downside and so there are actually traders out there you know ranting supertankers and will facility space in south korea to the to the millions of barrels of oil that theyre storing on that oil will eventually rise and i believe that theyre right now sean are we still looking at a chance that chinese Oil Storage Capacity could actually run out and oil prices overshoot even more to the downside. Its possible they dont really ....

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RT Boom Bust July 13, 2024

Also cut supply again by 1700000 Barrels Per Day though any decision made was obviously take time to implement so where do you think this equilibrium is at and have we reached a bottom or is this still more room to fall for oil prices. Its possible that theres more room to fall if opec and plus russia doesnt actually end up coming through with those supply cuts if they dont then you could see oil fall further and if oil falls through the 50 1. 00 to 55. 00 area i think in the near term youre going to see a lot of traders get on short and take that lower but i think that will be short lived i think ultimately the risk is really more to the upside than the downside and so there are actually traders out there you know running supertankers in. A facility space in south korea to the tune of millions of barrels of oil that theyre storing on bets that oil will eventually rise and i believe that theyre right. Are we still looking at a ch ....

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