[717] Trump takes the Presidency: Post-Election Special
Donald Trump defied the establishment’s odds and won the U.S. presidential election. What does that mean for American economy? Ameera David has the details. Then, Alex Mihailovich joins from Toronto to offer a Canadian perspective on the upset victory, laying out how trade relations between the two countries may be affected.
After the break, Lenore Hawkins, author of “Cocktail Investing” and co-founder of Meritas Advisors, breaks down what’s in store for the markets now that Trump will be moving into the White House. And finally, in The Big Deal, Edward Harrison takes a larger view of the historic election, examining why the pollsters had it so wrong, and whether or not there are any Brexit parallels.
With America and President Trump discussing leaving even more treaties, we bring on Igor Zhdanov, Steve Malzberg, and Hilary Fordwich to discuss!
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Consumer confidence has made gains, but what is in store for the future? Arbor Financial’s Jeffrey Small joins host Bart Chilton to discuss it. Ahead of Trump’s State of the Union, correspondent Nicholas O’Donovan gives Trump his report card. Correspondent Ashlee Banks sat down with Chris Martenson of Peak Prosperity as they discussed the current markets.
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As Trump ramps up his rhetoric against China, one of the nation's top officials will visit Washington to talk trade. Professor Richard Wolff and Jeff Socha of Ark Financial join the program to sift through the shipping stalemate and search for hope on the horizon. Plus, Deutsche Bank is under internal fire as the company is in the hot seat yet again. RT Correspondent Alex Mihailovich digs into the details of Deutsche Bank's dilemma. And after a steady rise in price, there is some more bad news for bitcoin, as yet another hack has rocked the sector. Cryptocurrency analyst Ben Swann helps us break down the heist.
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Spain’s general elections ended with another inclusive vote, adding to Europe’s political chaos in the wake of Britain’s decision to leave the EU. Ameera David has details. Then, Ameera talks to Edward Harrison about the fallout from both Spain and Britain politically, economically, and on markets. Afterwards, Bianca Facchinei reports on the completion of the Panama Canal’s $5 billion makeover.
After the break, Ed talks to Steve Keen about what is truly wrong with the European Union and how it can be fixed. And in the Big Deal, RT correspondent Manuel Rapalo and Ameera discuss Google parent Alphabet’s new secretive venture to fix America’s transit system.
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Boeing today confirmed a multi-billion dollar deal with Iran to deliver up to 100 planes in a move not seen in decades. Ameera David had the details. Then, Anastasia Churkina joins from London with the latest on the Brexit battle that's just days away, Bianca Facchinei takes a look at the declining labor force participation of American men, and Ashlee Banks breaks down how pharmaceutical sales reps are pushing pills using free meals.
After the break, Worth Wray offers his take on how the Federal Reserve is affecting global markets. And finally, in The Big Deal, Edward Harrison examines how a possible Brexit could spur other groups in Europe to seek independence from their own countries.
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Weekly jobless claims in the United States have seen a bump yet again, pushing the number above one million. Analysts had expected a downward trend to continue after claims fell for the first time in the week prior. Plus, struggles continue for Facebook as the social media giant reaches an agreement for a major settlement in a facial recognition suit, while its other social media platform, Instagram, was just slapped with another massive suit over the same issue. Meanwhile, the travel sector has been battered by the COVID-19 outbreak. But while 2020 will go down as one of the worst years ever for that sector, we are only in August and still have a long way to go.
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Boom Bust is in Goa, India for the BRICS 2016 Summit, bringing you exclusive reporting and interviews with world financial leaders. Stay tuned this week and next at 4:30 PM ET for the latest!
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German gas giant Linde and America's Praxair have agreed to a merger, potentially creating the world's largest industrial gas supplier. Lindsay France breaks down the deal.
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Halliburton is cutting another 5,000 jobs and a new report says Pfizer is looking to dodge $35 billion in taxes; Ameera David weighs in. Then, Bianca Facchinei takes a look at the biggest topics discussed at the G20 summit in Shanghai. Afterwards, Marina Portnaya reports on how US sanctions against Russia have driven up production of AK-47’s.
After the break, Ameera sits down with Gary Yohe – professor of economics and environmental studies at Wesleyan University – to talk about the impact climate change has had on global migration. And in The Big Deal, Ameera and Edward Harrison discuss the global economy.
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