The Underlying Truth To The US/China Trade War… Along With The Market Reactions
Chris Temple joins me today to dive a bit more into the US/China trade war and truly understand what is at play. As the markets move on almost every tweet and headline for the longer term investor it is important to understand the likelihood of a actual deal and time frame as well.
Since recording this the market has really started to reverse. Let’s see where it finishes.
Click here to visit Chris’s site for more market and stock commentary.
The Consumer Financial Protection Bureau (CFPB) under the Trump administration, has published a Notice of Proposed Rulemaking (NPRM) to amend the Fair Debt Collection Practices Act (FDCPA). The CFPB’s proposal would change Regulation F to direct Federal rules overseeing the activities of debt collectors. The CFPB’s new proposal would allow debt collectors to call consumers as frequently as seven times per week and be permitted to start sending emails and texts.
NUGT…stopped out already…I am giving it nothing…With this chaos it should be popping….I just do not care….if not up i not hold the baasterd
/gc gold next stop down may be the 1256 level at the daily AB=CD down 1:1 level…it is NOT acting strong considering the trade war…CPI’s look stable…so blah, out
I quit listening to Chris T.
He’s become quite a Trump basher.
The last few segments by Chris that I did listen to, he couldn’t resist taking a shot or two at his Pres.
Disclosure: I don’t like Trump; I love Trump; and he isn’t even my Pres.
Will trade 12 Tru-dopes for 1 Trump any day.
Thank you. Over & out.
signed: former Nat Investor subscriber.
I too have given up on Chris, he seems to have become a pump and dump for a bunch of Latin American resource stockS. And most all of his trades are underwater. He never timestamps anything so most of what he says is misleading. His constant Trump bashing is reflective of his inability to change. He’s been left behind in this business And his constant Trump bashing is reflective of his inability to change. 60 years of shipping our jobs to China and Chris doesn’t see how that has harmed America? My God, is he working for the Chinese now? Pretty soon he’ll be spouting off about Russia, Russia, Russia, Russia. Very low brow repetitive, useless information. It pains me to say this, because I believe he’s probably a good guy. But my time can be spent somewhere else much more productive
To be fair to Chris, today he was much more logical and reasonable with his analysis, sort of like he used to be. So I retract some of the things I said in my post above and will continue to listen to him as I genuinely like him. I just care for the negativity and obvious bias that sometimes sneaks in his commentary.
Problem……economy…….credit…..collections….
https://www.zerohedge.com/news/2019-05-09/new-rule-could-allow-debt-collectors-spam-49-million-americans-emails-and-texts
The latest CFPB Debt Collection Consumer Survey shows 140 million debt collection notices were sent out last year, based on an estimated 49 million consumers contacted by debt collectors. This comes out to about 15% of the total American population is in collections, which in the coming quarters, these deadbeat consumers could be bombarded with calls, emails, and texts from collectors in the “greatest economy ever