US-CHINA PHASE 1 TRADE AGREEMENT : SIGNED……

By: Economic & Finance Report

On January 15, 2020 (Wednesday), the USA and China signed the first phase of the US-China Trade Agreement. The first phase of the agreement, has China purchasing 200 billion dollars worth of goods and services, within the next 2 years from the United States .

The United States will then reduce the tariffs of $120 billion dollars worth of Chinese products, which is currently at 15% to be reduced to 7.5%. Chinese exports will then achieve over $260 billion dollars in the 2020 fiscal year.

The agreement provides more and better protection for American companies. American companies have discontent in China stealing intellectual property and trade stipulations. Phase 1, allows US banks to operate in China, while also enabling penalties for bad business and financial practices; instituted by US banks while operating in China.

So far the Phase 1 deal; seems to be a success as global markets have reacted positively to the signing of the USA-China Phase 1 Agreement. -SB

TESLA’S MARKET VALUE SURPASSES FORD MOTORS & GENERAL MOTORS MARKET SHARE VALUE COMBINED!

Image Credit: NBCNews.com

By: Economic & Finance Report

Breaking News: Tesla Inc market value has now surpassed both legendary Ford Motors and General Motors company market values combined.

January 8, 2020 (Wednesday) Tesla Inc had a market cap of $89 billion, approx 2 more billion dollars then Ford Motors ($50 billion) and General Motors ($37 billion) combined.

Many of Tesla Inc’s attributes for rising market cap has to be with a profitable 3rd quarter the electrical auto maker had; also surpassing auto deliveries in the Chinese market, while also having its stock more then double over the past few months. These all seem to be contributing factors to its increased market cap currently.

With all the accolades Tesla has achieved, there are skeptics in the investment community who believe the company will not able to sustain cash flow nor provide more profitability in the next few years.

All this remains to be seen...SB

EFR PODCAST END OF THE YEAR WRAP UP REVIEW 2019:

EFR PODCAST EP. #35: END OF THE YEAR WRAP UP 2019

WINNER: MICKEY HOUSLEY OH SNAPS!!!!DISS JOKE WARZ

OH SNAPS!!!!! DISS JOKE WARZ:NYC

New snapping, dissing, cracking jokes battle competition….. 1st episode had @powerofcaptainravel (Raheem Hamilton) VS. @mickeyhousley (Mickey Housley) going at it, for the dissing and snapping title, in these NYC streets…. CHECK THE BATTLE OUT ABOVE……….

The Platforms:
IG/Twit: @ecofiretv
Soundcloud.com/Economic-FinanceReport
EconomicandFinanceReport.com

HEDGEFUNDS TO SEE MORE CLOSURES IN 2019 THAN LAUNCHES!!!!!!!!!!!!

By: Economic & Finance Report

2019 was not the year of the hedge fund. Many hedge funds in 2019 were strapped for cash and liquidity was not as readily available, as in previous years.

According to Bloomberg news wire, hedge funds will be reporting more losses and closures for the 5th year in a row. More then 4,000 hedgefunds have liquidated in the past five years (HedgeFund Research Inc).

The reasons have varied on why hedge funds have been closing in recent years, such as investors revolting, or wanting their money earlier from the funds, to simply hedgefund officers getting tired on running their funds and family owned offices.

The profits have not been there as well. There are various reasons of funds closing at rapid paces, but take note this is a trend that may continue until the profits are there.

Credit: Bloomberg.com, Hedgefund Research Inc

#THECASTPOD EP. #10 feat. Nique @ Nite : Youtuber Nation (Youtube Edition)

#THECASTPODCAST EP. #10: YOUTUBER NATION feat. NIQUE AT NITE

The Cast Podcast Ep #10: Youtuber Nation feat Nique at Nite

Yesssssssssssss, we’re back like we never left….. #TheCastPodcast, Sammy BE @EcofireTV, Luisa L @LuisaModels and on the console boards, Jon “Da Don” Sterling @TheDramaBlock.

The Big Ep. #10 is huggeeeeeeeeeeeeee (*Prez Donald Trump voice here*). We had the pleasure interviewing a youtube sensation & internet presenter, who brings all the relevant show biz and internet news to your tube (Youtube that is ;).

#TheCast had the pleasure of interviewing Youtube’s very own Nique at Nite (Nique Laclaire). Nique has been making waves on youtube and on the internet, her youtube page @NiqueatNite has accumulated over 170k (170,000) followers. Nightly, Nique presents show biz, entertainment news and gossip (with a few drama stories here and there), but her content has been well received by the public and her peers alike.

Nique interviewed with us and brought insight about the Youtube game (hussle & bussle)and her attributes on being successful on Youtube. She explained the Do’s & Don’t on what to do & not to do on Youtube, and the policies that Youtube/Google keep constantly updating.

This is an episode you need to peep. #TheCast

“WE ALL HAVE A VOICE & A OPINION. IT’S JUST HOW U USE YOURS”…..

As always, Be Bless, Stay Bless, God Bless

THE PLATFORMS BELOW:

1) www.instagram.com/EcoFireTV (Sammy BE)
www.twitter.com/EcoFireTV

2) www.instagram.com/LuisaModels (Luisa L.)
www.twitter.com/LuisaModels

3) www.EconomicandFinanceReport.com (Economic & Finance Blog)

4)@Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

BLACK FRIDAY SALES WAS A HIT, BRICK & MORTAR STILL TOOK A HIT!!!!!!!!!!!!!!!

By: Economic & Finance Report

The analytics are in, Black Friday 2019 did its numbers. Black Friday did over $20 billion in revenue, over $7 billion in online and digital sales alone, from latest info projected (Forbes.com). (1)

The revenue numbers surpassed last year (2018), from Black Friday sales. This was anticipated of course, but maybe not by the figures that came in of $20 billion.

Though with strong numbers, brick and mortars shops and stores will still be closing unfortunately, to focus more of their retail sales online because of what many speculate as being the “Amazon Effect”. The “Amazon Effect” has forced brick and mortar stores and outlets to realign their focus toward online sales and marketing. A game changer to indicate the least. -SB

(1) Content: https://www.forbes.com › sites › johnkoetsier › 2019/11/30 › record-black-f… (Forbes)