12 July 2019

1) The production of the Volkswagen Beetle, probably the most recognized automobile in the world, is coming to an end at their Puebla, Mexico plant on Wednesday. The demand for the iconic automobile has been squashed by years of low gasoline prices and the market shift to SUVs and pickups. In its place, VW is manufacturing a version of the Chinese SUV, the Tharu, but will be a beefed up version to be called the Tarek.

2) The Consumer Price Index edged upwards while the inflation rate remains steady. The index rose 0.1% in June with low gas prices being offset by higher rents and auto cost. However, core inflation rose 0.3%, which is the largest increase in eighteen months. This persistently low inflation is justification for lowering the short term interest rates. Usually, a low jobless rate forces employers to increase pay to get workers, and in turn they must raise their prices to pay the extra labor cost.

3) Dollar General is changing its marketing strategy to attract wealthier customers by expanding into home furnishings, kitchenware and party supplies. Their strategy, which built the highly successful retailer, had been to focus on selling cheap consumables such as food, cleaning and household supplies and personal care products, which have a low margin. Dollar General will now carry products with higher margin such a pillows, candles, home decorations, gift bags and wrapping paper.

4) Stock market closings for – 11 JUL 19: Oil prices jump as approaching a storm shuts down energy operations in the Gulf. The Dow broke the 27,000 mark for the first time.

Dow            27,088.08         up   227.88
Nasdaq         8,196.04    down       6.49
S&P 500        2,999.91         up        6.84

Year Yield:    up   at    2.12%

Oil:    up   at    $60.43

THE CAST PODCAST EP. #7: CONTROLLING THE CHARTS FEAT. ELEXIS ANSLEY (YOUTUBE EDITION)…..

#TheCast Podcast Youtube video is up now, check it out… Featuring Billboard Charting Artist @ElexisAnsley…. Check the podcast episode below.

THE CAST PODCAST Ep. #7: CONTROLLING THE CHARTS Feat. Elexis Ansley (July 4th Ed.)

And We’reeeeeee backkkkkkkk like we never left, its Bizman Bass (Sammy BE) @EcoFireTV & the extravagent Luisa L. @LuisaModels, and of course on the engineering boards Jon “Da Don” Sterling @TheDramaBlock.

Happy 4th of July/July 4th (Indy-Pendence Day), to all Americans and patriots around the world…. This exciting show features a smoking hot (sonically & musically)billboard dance chart topping artist. She goes by the name of Elexis Ansley @ElexisAnsley.

Elexis has been doing her thing in the Electronic Pop/Dance/EDM/Techno space for a minute, and she has been able to reach Billboard Dance top charts Top 20, actually reaching #15 on the Billboard Dance Charts, which is very impressive.

She came on #TheCast to discuss her musical endeavors, charting on Billboards and her other projects which include acting….

This is must listen to podcast episode #7…. #TheCast

WE ALL HAVE AN OPINION. IT’S JUST HOW USE YOURS……..

As always, Be Bless, Stay Bless, God Bless

Platforms To Check Out:

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)

STRICTLY BUSINESS, NOTHING PERSONAL: VLOG SERIES EP. #5: TALK SHOW BIZ

Strictly Business, Nothing Personal ep. #5: “Talk Show Biz

Sammy BE: @ecofiretv

Featured Actor: Logann Grace @loganngrayce

5 June 2019

1) The tech giants Apple, Google, Facebook and Amazon are facing antitrust troubles. The government is stepping up scrutiny of these big four with possible new rules, regulations and law suits. The investigative efforts will be split between the Justice Department and Federal Trade Commission driven by mounting criticism over political bias, disinformation and privacy breaches. This could spell years of troubles and law suits and possible breakup of the companies.

2) The threat of tariffs on Mexican imports has American oil refiners worried, since Mexico is the number two source of foreign oil to the United States. American produced oil is a light oil which is a poor match for Gulf Coast refining facilities, while the Mexican oil is a heavy oil that when blended with the America optimizes the refinery’s output.

3) The Medicaid system is still suffering from the Great recession, so there are fears than another recession could be devastating for the system. This is at a time when state spending on Medicaid is still high with no signs of subsiding. In a recession, payrolls decrease from people unemployed or underemployed, so contributions are down. This means less buildup of reserve funds needed for the future, and a second recession so soon, could seriously deplete those reserves quicker, leaving the future of the system in doubt.

4) Stock market closings for 4 June 2019: Jump in Dow comes from Fed signals flexibility on rates.

Dow               25,332.18    up    512.40
Nasdaq             7,527.12    up    194.10
S&P 500            2,803.27    up      58.82

10 Year Yield:    up   at    2.12%

Oil:    down   at    $52.95

3 June 2019

1) The rife between China and America stands to grow deeper with less chance of resolving relationships, with China threatening a hit list of ‘unreliable’ foreign firms. These are individuals and groups who they consider harm the interest of Chinese companies. The threat is retaliatory tariffs on U.S. goods imported into China. These last two weeks have been a war of words as the nations exchange economic threats.

2) Chicago based nursing home chain collapses leaving the federal government on the hook for millions of dollars. First sign was when the owners stop making mortgage payments in 2014. Reportedly, money meant for the thirteen nursing homes were diverted to prop up another investment. This failure is revealing the problems that HUD is having in helping obtain facilities for the elderly by providing affordable loans.

3) Trade wars may expand again with threats by President Trump to impost a 5% tariff on goods imported from Mexico, if Mexico doesn’t do more to stop the flow of illegal immigrates. Tariffs are due to start on 10 June, and will increase in 5% increments until the flow halts. This is coming at a time when more Mexican immigrates are returning to Mexico than are coming, highlighting that the immigration is from other South American countries.

4) 31 MAY 19 Stock market closings: Oil prices sink toward worst May in 7 years from trade war fears.

Dow           24,815.04    down    354.84
Nasdaq        7,453.15    down    114.57
S&P 500       2,752.06    down      36.80

10 Year Yield:    down   at    2.14%

Oil:    down   at    $53.36

SHADE-Y SCAMMERS : THE CAST PODCAST EP. #5

#TheCast latest podcast episode is amust listen to. The click discusses shade-y entertainment and media deals, as well as heartless tactics that also take place in the entertainment business.

This is an episode you must listen to. AS ALWAYS, WE ALL HAVE AN OPINION, IT’S JUST HOW U USE YOURS…..

The Cast Ep. #5

UBER STOCK TANKED, AFTER IT’S IPO HIT THE MARKETS!!!!!!!!!!!!!!!!

By: Economic & Finance Report

Uber the rideshare tech company, its stock tanked on its first official trading day on the NYSE, Friday, May 10, 2019 will be a day of turmoil on the Uber corporate calendar. It was a horrible trading day for the mammoth ride sharing tech company.

Uber declined close to 8% during the stock market trading day. The stock plummeting so much (in which it did), is the first time any stock has come out the gates on Wall St and lost so much market share. The valuation of Uber was at $76 billion dollars, when analysts had predicted that it would be valued around $90-$100 billion dollars, well that didn’t happen. Not only that, Uber has been bleeding money and the perception is that, Uber won’t actually make any real money until the year 2024, hopefully.

Uber being one of the biggest IPO companies probably since Alibaba, Facebook and a few others. So it to falter as it did was a shocker to some and to others, not so much. Technology companies tend not to fare well in the beginning of their IPO presence. Facebook had a rocky start coming out the gates and other big tech companies before it, have gone through similar revelations.

It’s the test of time that will dictate the longevity of Uber’s existence and if they can navigate their ship in theses rough and turbulent stock market waters. -SB

8 May 2019

1) Tomato prices could raise 40% from U.S. withdrawing from trade pact with Mexico, called the Tomato Suspension Agreement which expires this Tuesday. This will trigger duties of more than 17% on tomatoes coming from Mexico. Tomatoes from Mexico are selling below domestic production cost.

2) The Dow Jones slid down 648 points, before rising to 473 points on closing, over news that America will impose higher tariffs on Chinese goods late this week. The Nasdaq and S&P 500 also experienced similar significant drops over fears of a full blown trade war with a down turn in global growth and a drop in China’s GDP.

3) Analyst say that a breakdown in the semiconductor field is a warning sign that a trade war with China is coming. This industry is more sensitive to U.S. – Chinese trade tensions. Watch the Philadelphia Semiconductors SOX index, for if the index falls below about the 1,430 level, that indicates trouble.

4) 7 MAY 19 Stock market closings:

Dow             25,965.09    down    473.39
Nasdaq         7,963.76    down    159.53
S&P 500        2,884.05    down      48.42

10 Year Yield:    down   at    2.45%

Oil:    up   at    $61.44

2 May 2019

1) Wall Street is expecting another surge upwards of the markets, which they are terming a ‘melt up’ and analysts are recommending call options contracts which pay off in a move higher. Call option contracts give the investor the option to buy in at an agree price, but are not obligated to buy.

2) Pork prices are expected to jump this year because African swine fever is ravaging the hog population of China, a big consumer of pork. Because there still isn’t any containment of the disease, analysts estimate it will be at least twenty months of elevated pork prices. Non-domestic pork demand will continue into 2020 at a minimum.

3) With U.S. crude stockpiles rising, traders are fearing oil prices will slide despite bullish forces traditionally pushing oil prices up. The tightening sanctions on Iran, the unstable state of Venezuela and OPEC’s desired to reduce production, are all forces that push oil prices up, but U.S. domestic production and rising stockpiles may counter these forces.

4) 1 MAY 19 Stock market closings:

Dow              26,430.14    down    162.77
Nasdaq           8,049.64    down      45.75
S&P 500          2,923.73    down      22.10

10 Year Yield:     up   at   2.51%

Oil:    up   at    $63.62