Emerging Markets ETF Founder on Why China Is So Promising
Kevin Carter, founder of EMQQ, the Emerging Markets Internet E-Commerce ETF, discusses the company's investments in China and its major holdings in companies like Tencent and Alibaba.
Carter notes that the reason investors should place their bids in EMQQ as opposed to the S&P index is "growth." He digs into the company's investments in Tencent and Alibaba explaining that part of the reason those companies are so appealing is because of their own individual investments in other companies.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
