First published at 17:02 UTC on September 21st, 2022.
If the Fed doesn't change course, it's likely that #Ford is treading close to #bankruptcy. Due to a profit warning, the price of Ford shares fell by more than 10% by the end of the day. To cover rising costs, it will cut production and rai…
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If the Fed doesn't change course, it's likely that #Ford is treading close to #bankruptcy. Due to a profit warning, the price of Ford shares fell by more than 10% by the end of the day. To cover rising costs, it will cut production and raise prices. Where the Motor City goes, the rest of the country goes.
The full list of articles discussed in this RTD Live Talk:
00:00 Introduction
06:01 Peter Schiff warns of Ford profit warning signaling possible bankruptcy
08:15 Ford Stock has biggest daily drop since 2011 after #inflation warning
11:29 Hurricane Fiona blasts Turks and Caicos Island
12:37 Chaos as #Putin cancels big speech 'set to announce escalation of Ukraine war'
14:07 Currency Internationalisation: #India pushes for rupee trade with Cuba
15:58 Bypassing Western #Sanctions, Russia PSCB opens rupee account with Yes Bank
16:34 Turkish bank suspends use of Russian Mir Cards amid US sanctions pressure
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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