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Boom Bust

The boom/bust cycle is as old as Western banking itself. Hosts Daniel Brito and Christy Ai break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.

Aug 17, 2019 07:32

Markets shoot back up after major losses

We talk about the markets picking up again after worldwide losses. Steve Keen, crowdfunded professor of economics on Patreon, talks to Boom Bust about these market gains and losses. Then we turn over to RT’s Sara Montes de Oca in China, who sat down with Huawei’s VP of strategy to discuss allegations that the company was spying on African political opposition figures. Plus, rumors are spreading that Boris Johnson is planning on a surprise August Brexit. Hilary Fordwich joins the show to discuss.

Aug 16, 2019 06:39

Argentina’s MERVAL in freefall & Chinese car sales slump

RT is on the ground in China, taking a look at one of the most controversial companies of the trade war. Sara Montes de Oca takes us inside Huawei’s Shenzhen-based factory for a more in-depth look at the telecom giant. Plus, following a shock primary vote in Argentina, the election has sent the nation’s economy spiraling. Fermin Koop, staff writer at the Buenos Aires Times, is on hand in Argentina to break it all down. And later, car sales in China are slumping, but could it signal something worse to come? Lauren Fix, the Car Coach, is standing by to steer us through the ominous signs.

Aug 15, 2019 06:55

Market bloodbath breakdown with Richard Wolff

Global markets are in the red following signs that point to a possible recession in the near future. Professor Richard Wolff joins the show today to break down all of the factors falling into place on what could be an ominous crash.

Aug 14, 2019 06:55

Ag caught in trade snag & recession on the rise?

The trade war may be all-encompassing, but some sectors are being slammed harder than others. RT producer Brent Jabbour joins the show today to till through the turmoil in agriculture markets. Plus, that global turmoil has spilled into currency markets, causing some investors to seek safe haven in cryptos. Naeem Aslam of Think Markets joins us from across the pond to delve into the currency dip. And later, we’ve seen slowing growth as a result of global instability, but can the markets weather the storm? Or are there choppy waters on the horizon? Jeff Small of Arbor Financial airs his thoughts on the real fears of a recession.

Aug 13, 2019 06:54

Global turmoil tackles markets & media merger mania continues

As the global trade waters get choppier, some are turning to safe havens to find stability. Ben Swann, cryptocurrency analyst, is on hand to break down the recent moves in the gold and crypto sectors in the wake of shaky shipping outlooks. And speaking of those shaky seas, trade wars and protests in Hong Kong have shaken the markets across the globe. Todd Horwitz of Bubba Trading is standing by to delve into the data and mark movements in the global markets. And finally, the media merger mania rages on as CBS and Viacom are on the verge of sealing a major deal. Legal journalist Mollye Barrows joins us today to analyze the acquisition and what this means going forward for media conglomerates.

Aug 10, 2019 09:08

Brexit battering the pound & feds target Tesla

With Boris holding the reins, the UK is barreling toward an unsure Brexit, and the economy is feeling the heat. Hilary Fordwich of the British-American Business Association joins the show to break down the recent shrinkage of the British economy. Plus, after a stalling IPO, Uber’s stock has slammed on the brakes after a major loss in the last quarter. Angela Sloan of Sloan Financial is on hand today to flag down the results and break down what it means going forward for the ride giant. And finally, it’s Tesla’s turn in the hot seat, yet again, and authorities set their crosshairs on the auto titan. Lauren Fix, the car coach, is on hand to sift through the stakes for Elon Musk and his mishaps.