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[650] Versace: Invest thematically if you want better returns
The top story: Personal spending rose more than expected last month but Ford and GM saw July sales dip. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports why Indonesian seaweed farmers are going to file a $200 million class action over a Timor Sea oil spill. Then, RT Correspondent Trinity Chavez reveals why the malware underbelly of the recent Pokemon Go mania has a leading security firm saying 9 out of 10 Pokemon Go-themed Android apps are malicious.
After the break, Edward Harrison talks to Tematica’s Chris Versace about stocks, with details about Google, Amazon, Apple, and Facebook. And in the Big Deal, Ameera and Edward discuss the Fed’s recent survey showing increasing credit tightening for commercial and industrial loans in the US.
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After the break, Edward Harrison talks to Tematica’s Chris Versace about stocks, with details about Google, Amazon, Apple, and Facebook. And in the Big Deal, Ameera and Edward discuss the Fed’s recent survey showing increasing credit tightening for commercial and industrial loans in the US.
Take a look!
Check us out on Facebook -- and feel free to ask us questions:
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Deutsche Bank was dealt more bad news as an Italian court reportedly charges former executives over supposed market manipulation. Ameera David has the details. Then, Bianca Facchinei has the results of the Hungarian refugee referendum, which was invalidated due to low voter turnout. Alex Mihailovich then joins from Toronto to break down the Canadian government’s moves to cool down its blazing hot housing market.
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Well, the Greek bailout deal now has its second stamp of approval! On early Thursday morning, at 4:00 AM local time, members of parliament passed a second set of reforms they needed to approve in order to move forward in negotiations on a new €86 billion deal. The reforms included changes to the Greek banking system along with an overhaul of the judiciary system. Ameera David weighs in.
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Then, Edward Harrison sits down with Patrick Chovanec – chief strategist at Silvercrest Asset Management and adjunct professor at Columbia’s School of International and Public Affairs – to talk about China.
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