Casey on expatriating, US inflation at 3-year highs
US consumer prices posted their largest gain in three years. With the Fed rate decision coming next month, the data is muddying the waters. Also, Saudi Arabia owns $117 billion of US debt, US Treasury papers have revealed for the first time. Boom Bust host Ameera David weighs in on both topics. Then Boom Bust’s Bianca Facchinei details World Bank research that estimates climate change could put 1.3 billion people at risk. Afterwards, RT correspondent Ashlee Banks updates us on the difficulty minorities are having with the peer-to-peer accommodation rental service Airbnb, as well as Airbnb’s travails in Chicago.
After the break, Edward Harrison sits down with Doug Casey, founder of Casey Research. Doug spends a good portion of his time outside the US and actively advocates for expatriating as a form of portfolio diversification. He tells Edward exactly why. And in today’s Big Deal, Ameera and Edward discuss a number of topics, mostly focused on market signals from stock splits, equity performance and asset allocation
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