The Phoenix Report: Stocks Falling? Robots Stealing jobs? Chicken Deaths?
The stock market is already risky, but what if it starts to fall?
Well that is exactly what happened as the DOW fell below 18K.
Now it only happened briefly, but this proves how volatile the markets are right now. I may not be a huge investor in the markets, but I do understand when markets start to fall they create massive problems for everyone's economy.
If I was an investor, a broker, or even a concerned citizen I would definitely pay close attention to the markets in the next couple of days/weeks.
http://www.cnbc.com/2016/10/13/us-markets.html
Wikileaks releases ANOTHER 2,000 Podesta emails in data dump 6
What is now a daily event, Wikileaks keeps releasing more and more emails and has no intention to stop.
Will the Main steam media cover this? Nope!
They will just continue to cover some false allegations toward Trump and completely ignore what is going on in the world.
Thankfully the internet exists and the truth will always come out.
https://wikileaks.org/podesta-emails/?q=&mfrom=&mto=&title=¬itle=&date_from=&date_to=&nofrom=¬o=&count=50&sort=6#searchresult
Chickens dying?
Well in North Carolina it is confirmed that 5 million poultry birds have died after hurricane Matthew, and the number is still rising.
Agriculture contributes $84 billion dollars to the economy and a situation like this is going to cause problems to not just people in North Carolina, but to anyone else who imports poultry from the area.
https://www.yahoo.com/news/millions-north-carolina-chickens-die-hurricane-matthew-floods-203948573--finance.html
There are people having massive issues in the southern states so please send them your prayers.
Robots Replacing workers?
In China Foxconn has deployed 40,000 robots to its factories.
These robots were deployed at factories in Zhengzhou, Chengdu, Kunshan, and Jiashan. Foxconn has also said they have cut 60,000 workers.
I wonder who is next?
https://www.chinatechnews.com/2016/10/13/24329-no-more-humans-foxconn-deploys-40000-robots-in-china
Copper prices have also been falling recently to some new lows.
If you were curious.
http://www.zerohedge.com/news/2016-10-13/copper-crashes-1-month-lows
As always thank you for reading I will see you in the next report :D
Twitter: https://twitter.com/phoenixTPR