2019-08-13



A $1 trillion US budget deficit is one big reason the Fed may have to cut rates - CNBC
If low inflation, a wobbly economy and tariff jitters weren't enough to push the Federal Reserve to lower interest rates, there's also the simple reason of the swelling national debt.
Link: https://www.cnbc.com/2019/08/13/a-1-trillion-us-budget-deficit-could-lead-the-fed-to-cut-rates.html

CBS and Viacom Strike Deal for Long-Thwarted Merger - The Wall Street Journal
CBS and Viacom agreed to merge in a deal that would reunite mogul Sumner Redstone’s media empire in the hopes of creating a more formidable competitor to the entertainment industry’s giants.
Link: https://www.wsj.com/articles/cbs-and-viacom-strike-deal-for-long-thwarted-merger-11565719110

Only passenger on a Delta flight has the time of his life with the crew - Mashable
The experience of a lifetime.
Link: https://mashable.com/article/man-alone-delta-flight/

GM, Ford planning for possible economic downturn: executives - Reuters
The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and Beijing fuels fears of a global recession.
Link: https://www.reuters.com/article/us-usa-autos-recession/gm-ford-planning-for-possible-economic-downturn-executives-idUSKCN1V31RO

Gold, Silver Dip On Upbeat U.S.-China News - Kitco News
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Link: https://www.kitco.com/news/2019-08-13/Gold-Silver-Dip-On-Upbeat-U-S-China-News.html


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