#TheCast Podcast Youtube video is up now, check it out… Featuring Billboard Charting Artist @ElexisAnsley…. Check the podcast episode below.
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….
WE ALL HAVE AN OPINION. IT’S JUST HOW USE YOURS……..
As always, Be Bless, Stay Bless, God Bless
Platforms To Check Out:
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)
1) At a time when auto sales are slowing or even sagging, pickup truck sales continue to rise even with hefty yearly price increases. The industry average for full size pickups is $45,260 in 2019. Chevrolet has announced an all new version of its Silverado that tops the $100,000 price. Profit margins for pickups are large compared with standard automobiles, about $10,000 per truck, with high end trucks bringing as much as $20,000.
2) Importers are dodging the tariffs on Chinese goods by entering the U.S. via third countries such as Vietnam. This practice is called transshipment where Chinese goods are minimally processed or altered in a third country then shipped to America as exports from that third country. The administration has spent this last year investigation strategies to best counter this ploy, which cost America billions of dollars in uncollected tariffs.
3) As global demand for oil weakens amid America’s shale oil boom, OPEC considers extending its production cuts for another nine months. The supply growth in oil is expected to exceed the demand growth for 2020 with OPEC members wanting to get ahead of the situation to avoid a drastic drop in world oil prices. Russia in particular is pushing for extension as it strives to raise its production capacity.
4) Stock market closings for- 1 JUL 19:
Dow 26,717.43 up 117.47
Nasdaq 8,091.16 up 84.92
S&P 500 2,964.33 up 22.57
10 Year Yield: up at 2.03%
Oil: up at $59.19
Sammy BE: @ecofiretv
Featured Actor: Logann Grace @loganngrayce
1) Boeing has landed a$24 billion dollar contract from IAG SA, the owner of British Airways, to purchase 737 MAX airliners. Rival builder Airbus has vowed to fight the agreement since they never received an RFP (Request For Proposal) for making a bid on the contract. The secret negotiations between Boeing and IAG was the bomb shell surprise coming out of the Paris air show this week. This sale comes as a major endorsement to Boeing’s 737 MAX to reestablish Boeing as a major supplier of airliners.
2) The price of crude oil shot up 5% over news that Iran has shot down a American drone aircraft, fueling additional fears of a US-Iran military confrontation. The drone was shot down by a surface to air missile while flying over international airspace of the Strait of Hormuz. This is another move by Iran to control the seaway and thus control the flow of oil in an effort to force the U.S. to abandon its crippling economic sanctions.
3) The cost of opening a major fast food franchise in terms of liquid assets can be as much as a million dollars or more. You must have $500,000 cash to open a McDonald’s, $750,000 to open a Taco Bell and $2 million dollars to open a Wendy’s. Startup costs exceed a million dollars for most major fast food chains in America, with additional monthly fees for royalties, advertising and services, which can add up to 10% of gross sales.
4) Stock market closings for- 20 JUN 19:
Dow 26,753.17 up 249.17
Nasdaq 8,051.34 up 64.02
S&P 500 2,954.18 up 27.72
10 Year Yield: down at 2.00%
Oil: up at $57.16
1) Two tankers have been attacked near the Iran coast, which has caused oil prices to surge with fears that Iran may try to close the Gulf of Oman, which transports oil out of the Middle East. The choke point of the Strait of Hormuz is only 21 miles wide and handles 80% of the oil destined for Asia. Last month four other tankers were attacked near Fujairah using sabotage, which further fueled fears that Iran may become very aggressive in the region and against exports of oil.
2) With voters no longer showing a strong concern for the federal debt, the political support for reining in Federal spending and controlling the growing national debt is melting away with Republicans willing to accept a large deficit in exchange for tax cuts and Democrats making big spending promises in the 2020 campaigns. Some experts, who had once augured against the government growing debt, now say it may not be as critical a problem as they once thought.
3) The mega-retailer Target is upping the ante for e-commerce by offering same-day delivery on thousands of items for just $9.99. Using the delivery startup Shipt, which Target purchased nearly two years ago, the retailer is positioning itself to compete against Walmart and Amazon in what is becoming a ‘delivery time’ war of the major maga-retailers. The one day service will cover 65,000 items from 1,500 stores out of 1,800 stores in 47 states.
4) Stock market closings for- 13 JUN 19:
Dow 26,106.77 up 101.94
Nasdaq 7,837.13 up 44.41
S&P 500 2,891.64 up 11.80
10 Year Yield: down at 2.09%
Oil: down at $52.11
#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…..
1) Tensions increase in U.S. – China trade war with increasing fears that the war could be long and painful. In response to China’s new tariffs on $60 billion dollars President Trump is threatening to impose additional tariffs on $300 billion dollars worth of imports. While just a couple of weeks ago, it seemed that China and America were close to reaching an agreement, now it seems both sides have dug in their heels.
2) One military contractor is reportedly making 9,400% profit on a replacement part, a half-inch drive pin. This part should have cost $46 but the government is being charged $4,361 each. Legislation is being considered that would give contracting officers the power to demand data that would back-up billings.
3) Tensions are increasing in the middle east with Saudi Arabia claims of a terrorist drone attacks on pipeline pumping stations. The reports caused a surged in oil prices with fears of possible oil shortages if attacks on Saudi’s oil production continue.
4) 14 MAY 19 Stock market closings:
Dow 25,532.05 up 207.06
Nasdaq 7,734.49 up 87.47
S&P 500 2,834.41 up 22.54
10 Year Yield: up at 2.42%
Oil: down at $61.32
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
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