Weekly Wrap Up With Tom And Shane [Listen]
Markets are setting new records and the economy is very strong. Commodities are also looking good in spite of tariff and trade fears.
Oil is strong, natural gas unchanged, gold steady, silver down marginally, aluminum up $48, steel also up.
Shipping is up meaning more international trade. Fed announced second quarter expected to be 4.7 percent. Dollar holding strong and 10-year treasury is over 3 percent.
Venezuelan inflation is holding steady at 200,000 percent.
With an additional hurricane we have to pay for which could put our deficits over $1 trillion.
Sanderson Farms over 30 million turkeys lost in North Carolina which could up turkey prices in November. Lot of turkeys and chickens lost to Hurricane Florence.
The rest of the time was mostly Kavanaugh and the voting that will come up before the end of the month.
Open for Business airs each Saturday 11am to 2pm from the studios of AM 1450 KMMS in Bozeman, Montana. If you’d like to be a part of the big broadcast, you can call in during the show at 406-522-8255 or text Tom and Shane at 406-266-7617. Either way we hope you’ll tune in.
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