Okay, here we go, bombshell commission suit, one step closer to trial after appeal rejected, okay? And this happened a couple of weeks ago, but I wanted to talk about this because agents are asking me left and right, what do I think about this and how this is going to affect the industry and all that stuff. Let me go on record and say right this second that this shouldn't be even in your stratosphere of what you're even thinking about or taking up any mental space in your mind whatsoever. The only thing that should be taken up space in your mind is getting more listings, helping more people buy and sell real estate, talking to your clients, figuring out exactly what it is they're trying to do and go help them do it. Do your weekly email, do your social media, make your calls, follow up, do deals, do business, build that snowball to the moon right now because the market's about to take off like a rocket. And if you don't get into gear and build that database up, you're going to get left behind. Then the market's going to explode. Everybody else is going to be selling properties that have been working this whole time, not worried about stuff like this. And you're going to think, man, I wish I would have worked a little harder back then when it was a great time to go gobble up market share. But listen, I digress on that because that's just how I operate it. I didn't even realize that there was a stock market crash in 2008. In 2008, I was too busy trying to make a million dollars a year helping people buy and sell real estate. It's all I cared about. I ignored social media. I ignored all this stuff. I didn't read the news. I didn't watch the news. I didn't care about the news. All I cared about was building my business and that's the focus you need. But let's dive into this for just a second just so I can share with you just another reason not to mention the fact that you should just be building your business, but another reason why you shouldn't be worried about this. Number one, this is about a commission's debate of it's a group of owners that got together with some lawyers and said, hey, let's go try to make us a couple billion dollars on this.  What they're saying is, is that as the seller, they shouldn't have to pay the buyer agent commission out of the commission that they agreed to pay the listing agent.   They cannot get a subcontractor to come out here and pay that subcontractor any money out of the money that you agreed to pay him to do that roofing job. It's the same thing. It'd be like telling contractors no more subcontracting whatsoever. This is a little bit different because there's a lot of work that happens on the front end getting the listing. We negotiate the deal once the offer comes in as far as the listing agent goes. There's a lot of work with the listing agent versus subcontractor just oversees the job. There's a lot of work there as well. It's kind of the same, right? There's a lot of similarities with those two situations. And what they're saying here in this lawsuit is that, oh, you can't do that. Okay. Well, you signed a listing, Mr. Seller, that said that you're willing to pay, say, 6%, okay, for me to go out here and sell this house. What do you care where that 6% goes or how I spend the 6% that you agreed to pay me if I sell this house? Furthermore, in my listing agreements here in Gulf Shores, Alabama, we have it in there, how much the buyer agent's actually getting paid out of the total commission that you signed and agreed to. And now all of these years later, you want to come back and say, I don't think I should have had to pay that even though you agreed to it. But on top of all that, it gives the buyer representation. You want to take buyer representation away? I mean, what is the goal of this? You want to make billions of dollars, of course. I see that. It's probably all you care about at this point. But if this does go through, are you wanting buyers just not to be represented? Or are you just looking for a situation where you only have to pay 3% instead of 6%? Do you really think that's going to happen? Because, again, another part of this lawsuit is antitrust, where they feel like we're fixing the prices. We're fixing the commissions. Commissions are negotiable. I negotiate my commission on every single deal. And guess what? I've had to be incredibly competitive many, many, many times. It's not easy out here. Honestly, it's not easy in today's world to go out there and get the full 6%. I get it.  But it's not easy. And it's not... I don't always get it. There's a lot of time to have to take 5%, 4.9%, 5.5%. There's even times I've taken 4.5%. There's even times for really close clients in certain situations, I've taken 3.5% total. And I've gotten 1% and given the buyer agent 2.5%. It's completely negotiable. And it is a... What is somebody willing to pay? Right? And what is somebody willing to do the work for? And you see these discount companies come out and my clients will go try one of those companies out and come running back to me, willing to pay 2% more because of the service. And anyway, when it comes to this lawsuit, it's just ridiculous. And so a judge denied an appeal for this. And it's anywhere, it's Remax, it's Home Services of America, it's NAR, who else is it? It's Kelly Williams. All these entities are named in this lawsuit. And they put in an appeal to the judge and the judge denied it. And that's not a red flag for this. That's not the judge saying, oh, I just don't feel... At normally at this stage of a trial, there's not... The appeals don't go through this early. This isn't like, oh, man, I can't believe that guy denied. No, this is what... Normally there isn't an appeal this early in the process. But it's going to be really hard for me to wrap my head around a jury saying, okay, pay the... And by the way, this is a $13 billion lawsuit and damages that could get up to in the $40 billion range. And these companies put together aren't worth more than $5 billion. It's like, this is just completely out of whack. The entire thing is just wild. But let's say that for some weird reason, this thing goes through. Okay? What now? Nothing. Why? Because the market is the market and everything is negotiable. If you could go lower on commission, we would be lower right now. If we take away the fact that the listing agent could pay the buyer agent, that's okay. Guess what? Mortgage products came out 1% down from Rocket Mortgage and United for buyers in certain situations to help with affordability. We came out with a 40-year mortgage to help with affordability. So, you see, mortgage products come out all the time to help people in certain situations. You don't think there's going to be a mortgage product come out if this were to happen that figures that buyer agent into the loan. And then we're right back where we were. Everybody getting 3%, 3%, 6% total. And the buyer getting the representation and the seller getting the same net that they got in the first place. So, the case makes 0 cents. There's no merit to it. And I think it's totally common that the judge would deny and appeal this early on. He wants to hear out the whole thing and make sure that we're doing the right thing for the customers. And I'm going to stand by that. And we're going to be following this. I believe the next court date or the next, you know, thing that we're going to hear about from this is going to be in October. So, I'm going to be following this. And as I get updates, I'll let you know what I come up with and let me know what you think of the comments. All right? I'll see you guys on the next video. Let's go.


Well, like it or not students in some states have in fact gone back to school and in some counties particularly in red states They've resumed in-person learning in spite of the risks that that obviously poses They're just going to pretend as if we're not in the middle of a pandemic Obviously that's gonna cause cases to spike and it doesn't just affect people with small children who are going to school It affects everyone because if you live in one of those counties then someone with COVID-19 May go to school and get it from school that person may go to the store and you know Infect their cashier that cashier in turn may infect customers.  Like do you see the problem? I think that's obvious most people see it But our public officials Donald Trump education secretary Betsy DeVos all insist that we have to do this We have to pretend as if the pandemic is an actually a thing Now this photograph that went viral on Reddit should horrify everyone this was taken in Georgia and Apparently this school is within a town that is currently a hot spot for coronavirus And I can't really see all of their faces, but I count three students wearing masks. Yeah This is going to get so much worse because Donald Trump is He's not budging on this. In fact just on Tuesday again He tweeted out in all caps open the schools and he put three exclamation points there Which really tells you that he means business now. What's frustrating with politicians is that oftentimes? They do things very clearly because they're not going to have to deal with the consequences of their own actions So for example, we see politicians vote to send your children to die in wars that they'd never allow their own children to Serven and the same is true in this particular instance Donald Trump is saying let's reopen the schools But do you think he's going to send Baron Trump to a school with in-person learning? Of course not in fact after Trump made that tweet Baron's private school announced that they will not be reopening in fact No in-person learning will be taking place in fall term And as a result the president's son will be safely starting 9th grade with online only classes While his dad tells everyone else that they have to go back to school and resume in-person learning in spite of the risk That that poses to their health in other words safety for me, but not the Donald Trump doesn't care about you.  If you still support Donald Trump What is wrong with you?   He only cares about himself and his own political power Now, thankfully, there are people who are speaking up and there's a lot of students and teachers and families around the country and communities who are Taking the fear that they're feeling and they're converting that into direct action and they're trying to say Look if we're gonna be sent back to school Then we need equipment. We need more funding and we have to make sure that we are able to conduct in-person classes In a way that's safe So as Rachel M. Cohen of the Intercept reports on Monday in more than 25 states Thousands of parents educators students and community members are participating in the national day of resistance Staging in-person and virtual actions to call for safe well-funded and racially just school reopening plans The actions come in response to pressure from state governments and the White House to resume in-person learning So that kids can get back to the classroom and their parents back to work But are also being tied to the ongoing pushback against school privatization from the Trump administration in New York City Parents students and teachers will be marching from their union headquarters down to the Department of Education in Los Angeles Activists are organizing a car caravan First outside the LA Chamber of Commerce and then around the Los Angeles Unified School District building We're kicking it off at the LA Chamber because even during COVID This is a time when a lot of corporations and Wall Street are making record-breaking profits explained Silvana Uribe a spokesperson for Los Angeles Alliance for a new economy a progressive group participating in the protest in Philadelphia and Baltimore teacher unions are calling on Comcast to improve the quality of its service and make it more affordable for families in Phoenix activists are planning to demonstrate outside their state Capitol building where educators can write letters to their elected officials about how They feel going back to school or if they want write their imagined obituaries Monday is Arizona's first day back to school So that's why we know we have to lead and organizing because people across the country will be watching us and learning what happens with reopening Said Rebecca Gurelli a parent and a science educator participating in the Phoenix protest in Chicago activists are rallying outside of City Hall and Illinois state government building among them will be G2 Brown the national director for the Journey for Justice Alliance a Network of 30 grassroots organizations that help conceive of the day of resistance when we look at the fact that these same Communities have shuttered public schools and opened up new jails Do we really think they will prioritize the health and safety of black and brown children when it comes to reopening Brown asked We say no or only if we make them do so so I find this really encouraging and really inspiring They're right to demand these things like teachers It's bad enough that they can barely survive on the salaries that they receive But now you're asking them to risk their lives like you're asking parents to trust that their students are going to be safe resuming in-person learning during a pandemic Exposing the people that they live with I Mean, I just I don't know what to say about the situation Other than it feels like we're living in a nightmare And we're just not taking this seriously Again, I want to emphasize that even if you don't have anyone you know with small children or don't have small children yourself This is going to make all of us worse off because if people resume business as normal as we're seeing with that viral photo from Reddit I mean, we're all gonna be worse off Cases are going to spike. It's going to continue to spread and we're just not gonna get it under control deaths will continue to climb it's just It's really it's terrifying to think about how bad This is going to get like how worse off will be by the end of the year So it just seems like we're gonna pretend like the pandemic isn't a thing You know, that's not to say that every single school district is going to treat this the same because really the way that schools Reopen it's going to be up to local governments because school funding It's derived disproportionately from property taxes So Trump can say all he wants reopen schools reopen schools, but he can only withhold about 10% of funding So that 10% it is crucial still, you know, it's gonna be up to local governments They're gonna be the ones ultimately who decide and you can see that you know A lot of them are gonna take it seriously, but others are not so much And so that's cool in Georgia where they're just reopening and they clearly don't have a plan to social distance. I Just I don't know what to say. It's just it's heartbreaking because you know, this is going to kill people people are going to die because of this and The worst part is they're gonna be there's gonna be no accountability Yeah, so this is America in 2020 resuming business as usual schools resuming in-person learning as Cases increase every single day as though we are seeing more and more deaths due to this highly contagious virus That it's deadly. Yeah It's sickening


Grab your bacteria by the flagella and go be a level designer in our very first game, the clot thickens.  Over 20 submissions and let's pick one and play it right now. This one looks interesting. Here is the game behind me and we just launched this a few days ago. Click that eye to see the video announcing the game where you can meet the studio head Dave Fracchia as well. So let's load that level. Here it is and let's try playing it, see if I'm any good at beating this level. Alright, so that was bad. I need to jump in between these guys. I can't seem to do it. Okay, almost there and success. Can you do this level? The link is down there in the description below to download it and try it yourself. Can you beat my time of 12 seconds and four jumps? I'd love to see. You can save your own replay to prove you've done it. This will create a file download it to your computer so you can share it with your friends. Just click this replay button so you can see the game again as you played it or you can load your friends games to see how they beat a level. In the future we'll have this all online where you can submit your play look at other gamers plays and compare yours to get the best jump the fastest time the leaderboards that will be coming soon. If you designed this level just click submit here to send it to us and include your name email and the level difficulty that you think this is. Now who made this level? It was by Mark Antoine who said the difficulty is insane. Mark it wasn't that difficult I was able to do it fairly quickly try to create a harder level make sure it's possible and then challenge me to do it. Note not all your level submissions will make it into the final game we will choose the best ones to include in the future mobile and browser product and if we do then you will get your name in the shiny credits like I have my name here George Venus CEO but you will get it into the level designer credits if we pick your levels the soundtrack to the clot thickens was made by music factory our own in-house team of composers that's making custom music for you click that i to see this channel behind me that is full of great original music that's safe for you to use why because we own it outright and we even have a 24-7 livestream on right now do you want to talk to me about the clot thickens and give your feedback directly to me then go to george office hours click that i to see this video right here where i talk about how you can schedule a call with me to do a one-on-one private or public chat by public meaning i'll ask you for permission and if you give it to me i'll make a video of our skype call so that i can promote your channel and promote you during the office hour this is the form you need to fill out and the link is down there in the description below to it i also have a letter from the CEO of freedom that's me to you the link is down there in the description below as well in this letter i talk about all the things that we are doing to help you grow that you may not be aware of such as custom games for you which is exactly what the clot thickens is a custom game a tax reduction strategy crypto minor as any revenue stream an anti piracy content id platform to protect your original music and videos 3d virtual sets custom music community training and a few final words do you like my letter from the ceo to you tell me down there in the comments below if you want to see anything else in this letter that i missed i'd love to hear your feedback so we can all help each other grow together as a family that is the spirit of freedom we are a family and we help each other grow together the freedom family and who am i guys i am your papa george your george son pi and many other names you the beautiful freedom family has given me i'm still sick but almost healthy and hopefully i will be a hundred percent in a few days until then oh for freedom and the freedom family i forgot that little bit and all the people that are designing amazing levels for us so we can all grow together as level designers as well keep safe i am george and you've been watching click that i to partner with freedom and join the freedom family so we can all grow together you get many perks like position music you also get epidemic sound a lot of other access to royalty free videos sponsorships and many things to help you grow just click the links down there in the description below to get involved in our community our forums our discord chat servers meet our graphics team meet our community team all of that on discord and the forums what are you waiting for get started and we will grow together as a family because this is the freedom family you are part of it we are all part of it and we're all growing together to get more george click that big f that will subscribe you to freedom central home of the george show and pewdie pie gave one of you freedom family a big shout out click that video to see the shout out and to see our new 3d sets for you and click that video to see what youtube recommends you watch next


What's up everybody just here for jazby's case race calm We're giving away the last three hip parade goat spots away with this 2021 panini multi-pack cello prism One pack break number 104 two random teams each so this one is a 15 spotter guys Everybody gets two random teams in the NBA now at the end of the break will take all 15 customer names not 30 It was a just a 15 and randomize them only and then Top three get in guys So here's the dice roller is the customer names Nick that of Jeremy Remember we doubled up those names at the end of the break. We're only gonna randomize the 15 customer names And then uh, we'll give away Those hits right there So let's do the break guys roll it six and a two eight times good luck one two three four five six seven eight Next over donna brian six and a two eight times eight times One don't work jesus. Sorry guys. It's loading. All right. We're stuck Come on random don't work Don't do this to me now. It's frozen Let's try it again. It was eight times one two three four five six seven eight boom eight eight Houston Rockets down to the Dallas Mavericks I can stick to what you got Here we go. There's a multi-tech cello Dennis Robman and a little teaser nick richards You got a pat williams though Killie nays and tyler bay lulu kevin garnett and denny odisha It's a great red white and blues There you go All right, and let's switch things now and give away those uh three spots guys. So here's a dice roll. Here's a customer names dice roll it four and a five nine times top three getting one two three four five six seven eight And ninth and final time guys boom nine times five or four and a five nine steven kendrick josh and nick stover and i must have forgot the the k in your last name steven don't worry I'll put it in for this one. So appreciate you guys. Congratulations. Those are the last three spots We were given away coming up next is the break itself


So I've been making a tier list of my opinion on where rappers stand in the rap game in my opinion You can't say this list is wrong cuz I'm literally saying in my opinion, bro Somebody's in the comments gonna say it's wrong either way. So give me your opinion in the comments Well, I like the video if you have opinions. I know you love giving your opinion to like the video Let's let's get straight to it. Let's get straight to a chat Yeah, so look we got an assortment of rap payoffs and not like candy rappers like like actual rapper You know some of these I'm gonna need y'all to let me know cuz I don't really be remembering what all these people look like I want to say this is to change you say you don't know who to change is oh my gosh Yeah, I'm getting old y'all saying mid and trash. Yeah, we can put them in mid We can put them in mid You know I'm saying by the way this list is just going off of the music.  The old hams are gonna be coming for us in these YouTube comments And we got 21 Savage and I ain't gonna lie 21 is crazy.  You put 21 Savage in fire You put two chains in bed. You don't know no music your young weapon snapper baby face Ray Yeah, I've never listened to it. That actually his name. We'll listen to one song and we'll go off of this song I'm kind of regret looking him up. Yeah, he trashed that was that was trash All right, next we got Tupac chat. Where y'all putting Tupac? Okay, see look all y'all saying goaded When was the last time y'all listen to a Tupac song? I'm gonna give him his own tearless y'all right He deserves his own tearless old head We give the old heads get they own little say put two chains in overhead. Yeah. Yeah, you're right All right next we got 50 sit ain't no way you listen into two quarters They gotta be overhead. Is that Travis Scott or a sob rocky? I'm not gonna lie They're twins they came from the same womb ain't no way I can tell the difference between them I'm gonna say he cool. I think you cool. I think you cool. So this is bad bunny. I'll be real I don't listen to bad bunny chat is bad bunny actually good. I just know the girls love him What's a good bad bunny song? No This is what girls going crazy over no way you got it. That's trash. That is that was trash Yeah, I wish there was an alt delete button to take them off the list. All right next. We got a bad, baby Good Gucci flip-flops. Thank you.  This a big watch Let's be real bad baby is better than bad bunny. I'm sorry. I'd rather listen to that then that I'm an ami Oh, I gotta be your lottery. Oh, I'd rather listen to her. I'm gonna be real big Sean. Cool. He cool He I cool. This is biggie extra extra extra small. Oh dear get in there Is that black boy JB bro, is this LeBron James when he started making music all right So a chat requesting me to find a list with the actual names because apparently none of us can tell faces I'm happy to see I'm not the only one 24k golden. I think he cool to me personally. He's cool I honestly I'm gonna be real. I'd rather listen to 24k golden before I listen to two-pot But we're not ready for that discussion. We're not ready for that discussion. Y'all not ready for that Royce the five nine Who is that? Oh, he'd be making music with Eminem. I don't even gotta listen to a year old here for show Hey, next we got six nine Not what what what chat? What's the problem chat? What's the problem? Bruh? Yes, you're not still mad that he snitched are y'all Y'all not finna we not finna do this chat. We not finna do this bro Y'all thought I was joking bro, I'll put y'all feelings into play so you know what I'm gonna do I'll take him down to fire y'all at now if you say anything else y'all asking for too much, bro If he uh, but he got this But he had us all saying that bro don't I'm not taking him down anymore, bro a boogie fire I don't even gotta play no more music for him bro a con chat. I genuinely don't remember what song a con made Oh smack that all on the flow smack that he made that okay, okay?  Yeah, this is another old head when I ain't a lot But but if I didn't put him an old head, he'd probably be cool. I actually like this music bro When I was younger, bro, I'll be dancing to them old-head songs, but I'll be in the I'll be like act like a Dancer background is I'll be like smack that I used to be like I was a backup dancer I was really proud like like if I wasn't a youtuber I would really be a backup dancer Yeah, no y'all see the groovy moves. I just did like I mean a I mean a is good So we go I'm gonna put him in cool. I would give him cool No, I'm gonna be real, but he don't got that many good songs. He's mid. I'll put him in mid next We got bad who is bubble bass Bro paid to get himself on a tier list video bro like I think I made it I think I made it cuz I'm on smiling and you're the reason now girl. I can't explain it Bro was making overhead music in 2018. That's crazy, bro. Yeah, he's trash. He's definitely trash blue face But did you not just hear what he said he literally said on a song he's the next big thing So obviously he has to be the next big thing. He wouldn't lie about that chat voted respectfully action You know what? I don't find looking him up. So he's automatically going into trash. I'm sorry Honestly, I would know who he is if he wasn't trash Cardi B. Oh my gosh trash. I'm like play that.  I don't care what nobody say bro chance to rapper. He used to be good But now he made he made I'm sorry. I like comethazine's music, but if we're being real, he is mid Talking want me do my dance dance dance dance bands in my pocket y b in corda. He's cool frozen water We gotta be old to be listening to him. They're not going to count the baby Hey chat, what y'all putting the baby? This is actually a good question because I feel like he's gonna be very split Like some people are gonna be high some people look whoa mid Mid is crazy. I'm gonna play his music. He do got one. He do got one flow. Okay, you know what? I'm gonna put him in cool for now. I'm gonna put the baby in cool for now. Yeah. Yeah next we got Danny brown Yeah, I don't know who you are, bro, but you gotta be trash if I don't know you Uh next we got DC the darn bruh chat. What y'all know about DC? I don't know nothing about no DC DC is definitely fire, bro very underrated very slept on next we got uh denzel curry Uh denzel curry fire. This is very underrated Suicide Hey, I hit the vocals next we got designer put them in the trash. We got dojo cat We just need to make a tear that says smash. But yeah music wise. I'm not gonna lie dojo cat to me young doff r.i.p. He made love mf doom. I don't know who he is, but he's trash Duke Dennis. I don't know Duke deuce He's fat. All right.  Yeah, I don't know who earth gang is I'm thinking of making. I don't know chat because I don't want to look up all these people. I don't know easy Man, sorry Eminem. Y'all are not gonna like me. What were y'all putting Eminem? What y'all putting What y'all putting the cool fire goaded? Yeah, y'all a bunch of old heads old head People be saying Eminem's fire, but I've never stepped in a car and had somebody play Eminem on the ox That's never happened before that that occurrence has never happened. Never I actually I'll even go as far as say I've never heard another person play an Eminem song While in my proximity. I've never it's never happened ace out fern I guess he's on the same level as uh rock lift the narrow leave me alone He made you make good songs though french Montana I'm gonna have to make another category just call french Montana because he sucks name one french Montana song anybody listens to That's only him. Oh, you can't. Yeah, thank you. He trash, bro. Look at we got g easy What y'all putting g easy in mid and trash she had a mess with them. Okay, good I'm putting in trash there. I don't want you to go after me because I don't like childish gambino I mean he could sing he cool the game Bro, nobody listens to the game.  Hobson. Honestly, he's an old he's e-o head to be honest I don't know. Yeah, that's where you're going big. I don't know barge. Who is this jack harlow fire That's easy. Let's let's fire this jane smith We should have another tier that just says conspiracy theorists jane makes cool music. No, it's kind of mid jay-z I'm real if you listen to jay-z.  I don't listen to him, but he makes the fire music. I'll give you out Jermaine jid.  Where y'all putting joey? See, I'm seeing a lot I don't know. I'm just putting I don't know. I don't listen to him. I don't know I was tripping coal is go to coal is go to y'all right y'all right Jonah Lucas, bro. He's so trash, bro I went to Jonah Lucas concert and you could tell the crowd just wanted him to get off the stage So who's he can come on like they was not rocking with him juice world Bitch, I'm still flexing. He's the once in a generation time artist, bro. I missed that boy I'm gonna put go to because it's my list. Kendrick Lamar Go to key glock mid. I don't know.  Yeah, I better be respectful of mr. Baby I think he just crossed over to go to like recently like this year.  I do not know Look, uh, I can't say that word.   I don't care what y'all say, bro Don't don't come for me. Yeah, it's gonna be a lot of stands big L. We for the speed run this ain't a lot big L. I don't know Malcolm Moore Mid Mac Miller where y'all putting Mac Miller at I've never listened to a Mac Miller song Y'all get one chance to prove to me that Mac Miller is good. Okay. Y'all said the spins I see the spin I gave you one chance to prove to me that he was anything honestly And you've done that you proved to me that he is anything but fire. He that is that was trash, but r.i.p. Though r.i.p. But yeah, that that was definitely. Yeah, you fumbled, bro That was that was that that was pretty horrible. Uh young and may I ain't a lie. She cool I'm only saying she cool because if I don't she might beat me up maxo cream I don't listen to his music meet milk. Cool. Uh, meli meli fire machine gun kelly a chat. This is a hot tape He's not chat. Come on, bro. He's snap. That's the only song I like so I'm willing to give him mid He's not on the same level as french Montana. I don't care what y'all say. Um, next we got limozi I like his music, but he is mid namir used to be fire But currently the current music he's releasing is mid nas. I don't I don't listen to him NBA young boy goaded. He is our savior and he will save this whole earth I believe it. All right, next we got nf. I don't know nipsey hustle r.i.p But definitely old head interleague chopper fire young nudie. Um, I don't listen to young nudie. I ain't go off set I'm finna give a controversial tape all the migos all of their music is mid But I'll give them cool because we got ykl sideways. I mean, I guess he's worth it Um, he kind of trashed.  All right, little peep This is the most respectful way I can say this but a little peep is actually trash I'm sorry. R.i.p. p.m.b. Rock. I used to really be listening to that boy like that. You know what I'm saying? Next we got polo g bro goaded. I'm sorry. He's goaded. I don't care what y'all say pop smoke Pop smoke is cool. I'm not staying fire. R.i.p post Malone goaded little pump trash Pusha you gotta be a old head listen to pusha t cool boy cue Gotta be a old head, but I don't know pando rondo mid quavo Same thing is cool raised river as a group. They fire. I don't know who this is I was there a shot. I don't listen to him. Got to put that. I don't know riko nasty He kind of mid for a girl. She's fired But if we're putting on the skill with all the men, she's mid roddy rich. He used to be fired He's just cool right now rod wave fire sabba. I don't know scar lord I listened to scar lord for like a week and then I dropped him check west Uh, he makes he has a few good songs actually to be honest He go crazy at like a concert bobby smurda.  No, I'm actually I'm just talking she's not whack actually But like her music don't her music is doesn't grab my attention. So that's why I put it in the trash le tj He's actually cool. I don't think le tj is fire. I think he's cool token who tori lanes. I haven't been broken a minute I'm cool. Um, the other reason why I put uh teca over ski is because I feel like ski doesn't really do anything That other people don't like you can get what ski does you can get that from other artists But I would argue that teca you teca is teca. You know what I'm saying Denny towers don't know that is trippy red fire or go to chat.  I don't know this is king barn fire But only but only post death if he was if he didn't die, it would probably just be cool I don't know if that's crazy to say but you understand what I mean by that walka flocka I don't know where to put him to be a little way goaded. I don't listen to him though Wi-Fi is free to roll cool. Actually, uh, where's califa? Bruh, who is this jimmy whoopoo? Wu-Tang clan? I don't listen to them I don't I've only heard that one song with him in xxx goaded liyati cool yg Bruh, I'm sorry, but he's not good young thug goaded. I can't wait to be done young benz man ace, uh cool I don't know who is it. This is my final list. Tell me what y'all think in the comments below I don't want to see no comments about moving blue phase down from goaded He's not getting moved down if you say anything about blue phase in the comments. You're blocked


We'll continue with the next lap and we'll do the following. So in this case, we'll start the HEPs. So you don't have to download anything more any new. Just have to start the webs, to synchronize the webs with your application. Then to go, I think it's a fifth or sixth page. Fifth page, I think it's AI Datalog. So there is a menu so you can also press on it and then select AI Datalog. Then you will have to select the audio. Because what we want to do is to add additional audio sample. Once it's done, you will have to add a label. Because here what we want to do is to add a sample and we want to label it since the beginning. So we'll have to add a label or select us if you already have created one. Then put a name, so in this case indoor, outdoor, you can use your own name. I mean just for today because what we want to show you is the principle. All the tools is running in this case. And then you have to select it, once it's been created, so indoors. And then start to log and don't forget to stop to log. Because as I say before, we just have one megabyte memory. So that means after one minute, we'll be over. So it'll be before. So if something is not running, what you can do, because it's depending what you did before. You can press the reset, in this case, it's better. And then start this principle. We are at the capture stage and we will try to capture and label information using the tools. Okay, once it's done, and if you have no issues. So the things is recorded on the quad SPI. So I know the goal is to drag or to capture this wave and this Excel file. And therefore you will need a second cable. And this is, it will use a USB on the go staff. So please plug, first plug the USB on the go on your PC. And then at the prompt, you will have to put this commando. So USB space start. The goal of this is to mount the USB storage. So you have another storage on your PC and then you will be able to have a look on the quad SPI directly. So once you have record one, two, three samples, then you can plug the cable. And once it's done, you should have a drive, additional one. And inside the drive, you should at least have a wave for the sound and a CSV file, which is Excel file, including the label. So that means putting the link between the label and the sample you have done.


Ladies and gentlemen, welcome also my part all those here in the room and also those who join us virtually and thank you very much Chiara for what I thought were very inspiring and very wise words to start off with. So it's a pleasure for me to be here in this room together with you here in Frankfurt and when I'm arriving this morning in such a large gathering of lawyers. You might know I'm a lawyer by training many times I'm surrounded by by by lots of people that know a lot about other things but it's good to be here in this family and I'm slightly reminded of these back to school feelings after after the summer. And I hope that my intervention today can channel that energy towards the major challenge of our time, the climate and environmental crises. After all, summers now have a very different feel and form than those that we remember from when we were younger.  Residents in northern Italy and Central Europe were hit by extreme flooding. And meanwhile, similar disasters have been unfolding worldwide. Canada is experiencing its worst wildfires season in on on record wildfires in Hawaii killed more than 100 people and recent flooding in China is thought to have displaced over 1 million people. Without human induced climate change these events would have been virtually impossible. Back in 2015, Mark Carney spoke about the strategy of the horizon. Age years on, we have arrived at that horizon and the tragedy is upon us and it has started to unfold. Today is therefore an appropriate moment to recall one of the key channels through which Mark Carney anticipated that the financial sector and financial stability would be affected by the climate crisis liability risk. And I'm and when I say that I'm referring to climate and environmental related litigation. A recent UN report observed that climate related litigation is central to efforts to compel both governments and corporate actors to pursue more ambitious climate change mitigation and adaptation goals. While governments were the most common targets of such litigation in the past, cases are now also increasingly being filed against corporates. For supervisors and banks alike. This is becoming a major source of risk that needs to be properly anticipated and addressed. And it is particularly important at a time when non financial but also financial companies, including banks are becoming the direct targets of such litigation. And this brings me to the key message of my remarks today.  And the banks need to be prepared. The ECB's legal conference is the perfect forum to discuss this topic for two reasons. First, it is about the role of lawyers. And of course, and in the fight against climate in the fight against climate and environmental crisis. And second, as a banking supervisor, the ECB finds that banks still need to make significant progress in increasing their awareness of climate and environmental related litigation risks. And they need to be better prepared to address this risk. The rise in climate litigation should not come as a surprise. The network for greening the financial system, the NGFS, already identified it as an emerging source of risks for the financial sector back in 2021. And in fact, I also spoke about it, although it's slightly shorter than today, at the ECB legal conference two years ago. Since then, the number of cases has truly exploded. Globally, some 560 new cases have been filed since 2021. And against this backdrop, last Friday, the NGFS published two new reports on climate related litigation. The first provides an update on this trend and considers how it may affect banks and the financial sector. And the second of these two reports looks at how this risk needs to be addressed from the perspective of the supervisor. As the NGFS reports show, litigation first targeted states. One of the first landmark cases was the Urgenda case in the Netherlands in 2019. The Dutch Supreme Court, the highest instance, ordered the Dutch government to take more ambitious action to reduce its greenhouse gas emissions. And the success of the Urgenda case has since been replicated in cases before the highest courts in France, Ireland and Germany. Through naturally, though naturally with different legal arguments and tailored to each individual legal system. And these cases against states are often referred to as systemic climate cases. And have been launched by now in no fewer than 34 jurisdictions worldwide. And these cases bring about and accelerate changes in policy while also providing clarity on duties and responsibilities. But they are also an increasingly important source of transition risk for the economy and the financial sector. As they can lead to rapid court mandated pivots in public policy aimed at reducing greenhouse gas emissions across the economy. And moreover, we have recently seen a remarkably increased, not just in cases against states, but in cases against corporates. Litigation has been launched against a wide range of companies across various sectors of the economy. Fossil fuel and energy companies have been obvious targets, but also car manufacturers, airlines, food companies and producers of concrete and plastics. A wide variety of legal arguments are being used as the basis for such claims. We are seeing claims for damages under tort law, for breaches of corporate due diligence laws and for greenwashing. And we are also increasingly seeing non-governmental organizations buying shares in companies so that they can subsequently attempt to make the directors personally liable for breaching their fiduciary duties to adapt the company to the climate transition. A telling aspect of this trend is the strategic approach that these litigants take across the board. Their lawyers build their cases on the arguments and the experiences of peers in other jurisdictions. Co-operating through cross-border networks while also developing jurisdiction specific arguments and strategies. Now, a line of argument that has been successful in one jurisdiction does not necessarily lead to a similarly successful outcome in another, but some arguments have been replicated in multiple jurisdictions. As an example, consider a legal strategy that has proven to be particularly potent in recent years. Once a case against the state has established that the fundamental rights of citizens have been violated, we have seen subsequent cases use this as a basis to argue that also private companies have a duty of care under civil law to protect citizens' fundamental rights. In practical terms, this means a duty to have a realistic and credible plan to reduce their greenhouse gas emissions. In the Netherlands, this was the winning argument in the first instance decision in the case against Shell. The court ordered Shell to reduce its emissions by 45% by 2030 compared with 2019 levels, across all activities and all jurisdictions in which it operates, including Scope 3. A similar line of reasoning is being used in the case against the Italian company Eni and its shareholders. And these cases are particularly interesting because they do not focus on damages. Rather, they look at the individual's firm's contribution to global emissions and their duty to do their fair share to reduce them. In the Shell case, for example, the district court found that while the Paris Agreement is not binding on companies per se, they nevertheless have an obligation to comply with the emission reduction pathway established by the International Panel on Climate Change. The Shell case is currently under appeal. But if the decision by the district court were to be affirmed by the highest court, it could establish a legal obligation under Dutch law for all corporates to proactively reduce their emissions in a way that is aligned with the objectives of the Paris Agreement. This would have major repercussions and would be quite frankly revolutionary. Such a duty is not currently priced in two, nor part of firm's business and transition plans. Up to now, the focus on liability risk has involved looking at actions for damages. And the assumption has been that this risk is somewhat remote because causation has been difficult to establish. Now this assumption may turn out to have provided a full sense of security. First, because attribution science may make it easier to prove causation. And second, because Shell-like fair share cases take a different approach and don't need proof of causation. In any event, these cases pose obvious risks for the financial sector. Companies may face significant direct and indirect financial losses. And we are not only talking about the costs of damages, fines, legal costs and the impact of the company's share price. There could also be potential risk to a company's viability if a ruling were to result in unexpected adaptation costs or outright stranded assets that have not been priced in previously. Such a ruling would have an impact on the defendant in the specific case, but other companies in the same sector and the banks that finance them might just as well be impacted. However, banks, focusing on banks a little bit more as a banking supervisor, will not only be affected indirectly, they may well be sued directly. In fact, this is already happening today. Litigants are turning their attention to the financial sector with the idea that if they sue the banks, they can somehow turn off the tabs of funding to those high-emitting companies. And as I said, we are already seeing the first examples. There have been cases brought against financial institutions for greenwashing, as well as cases brought against the trustees of a pension fund. We have seen the first case taken directly against the bank under corporate due diligence legislation in France for its role in financing the expansion of fossil fuels. And we cannot exclude that in some jurisdictions, litigants will go for the jucular. Like in the Shell case, they could argue that banks also have a duty of care under civil law to protect fundamental rights, and that they must have plans in place to reduce emissions in line with the Paris Agreement and the European Climate Law. In other words, plans to reduce their emissions by 55% by the year 2030, compared with 1990 levels, and to immediately stop financing new fossil fuel exploration. Now, part of the reason why we must take this risk seriously is because the litigants, and in these cases the plaintiffs, have proven to be very serious players. Most cases are brought by or supported by NGOs, and we aren't just talking about some activists turning up outside the courtroom with cardboard placards. No, the litigants in these cases are sophisticated, and they use their transnational networks to build precedents across borders. They are well funded, well connected, and well organized, and they can and do hire the best and brightest lawyers in the field. So let me now turn to the more practical part of this speech, or the homework, if I may again draw a little bit of a parallel to the back to school analogy of the beginning of this talk. How can banks properly address and mitigate climate-related litigation risk? And how can potential supervisors guide them? I will mention two strands of thought here. The first is what I would call the bread-and-butter guidance. In 2020, the ECB published its Guide on Climate and Environmental Risks, and this guide contains several expectations that can help to address climate-related litigation within existing categories of risk. And these include the need to evaluate litigation risks, define tasks and responsibilities relating to climate risks, and conduct climate-related due diligence. And with its 2022 thematic review, the ECB banking supervision went a step further, setting institution-specific remediation timelines for meeting all the expectations of the Guide of 2020 by the end of 2024, including intermediate deadlines of last March and the end of this year. And we also provided a companion of good practices implemented by supervised banks, including practices to address climate and environmental-related litigation risks. Now I recently asked the CEOs of some banks under our supervision to do me and actually to do themselves a favor. And I suggested to ask their general counsels how closely they are following developments in climate and environmental-related litigation. Is Urgenda a household name? Has the Shell case been analyzed in depth? And have the possible repercussions for the bank being discussed in detail in a recent board meeting? Have the avenues of possible direct litigation against banks being considered? Has the coverage of personal liability insurance for board members being checked in case their bank was found to be subject to the same obligations as Shell was in first instance and second if their bank were to be in breach of that? Now today I repeat this message to all CEOs, their general counsels and to all executive and non-executive board members of the banks under our supervision. Get up to speed. Get up to speed with this trend and mitigate the associated risks for your institution. Now we as supervisors have homework to do as well. The NGFS report, so the network on the greening of financial system. The NGFS report on micro-potential supervision of climate-related litigation risks published last Friday sets out additional potential options for supervision. It emphasizes the need for supervisors to take a risk-based approach which can include performing a materiality assessment of risks at the broader jurisdictional level or more granular exposure analysis at the entity level. And we should not forget that central banks and supervisors might also be the targets of climate and environmental-related litigation. Either to ensure that they are doing their part to protect fundamental rights and facilitate compliance with the Paris Agreement or to ensure that they are fulfilling their duties in terms of financial stability or consumer and investor protection. The second strand of thought is the well-known saying if you fail to plan, you plan to fail. Banks need to be aware that in certain jurisdictions the impact of climate-related litigation could dig right down into the viability of their business models. And given the determination of the NGOs and their neck for forum shopping, choosing the jurisdiction most likely to provide a favorable verdict, we don't know how many banks they will be aiming for in the end. And to address this source of litigation risk, the best advice that I can give to banks is that they should start putting in place Paris-aligned transition plans. And when I say this, I do not mean a slick advertising campaign with glossy photos of rainforests that is just a recipe for greenwashing accusations. What I mean is realistic, transparent, and credible transition plans that banks can and actually do implement in a timely manner. Having such plans in place requires banks to ensure that they have accurate granular data, that they conduct a robust materiality assessment, that they integrate transition planning into their internal discussions and strategic decision-making, and that they establish proper internal governance to this effect. With these elements in order, banks should be able to communicate how they are positioning themselves throughout the transition to a climate-resilient and sustainable economy. And this will then demonstrate the degree to which they are doing their fair share. And moreover, a transparent and credible transition plan should enable stakeholders to fully understand the risk environment in which a bank operates. And therefore, clearly articulating the processes and actions related to the transition plan should also significantly contribute to reducing litigation risk. And this is particularly important when we look at the feedback loop between climate and environmental-related legislation and litigation. It is only a matter of time before transition plans become mandatory under EU law. There are now three pieces of legislation in the pipeline that will require banks to put transition plans in place. The corporate sustainability reporting directive, the proposed corporate sustainability due diligence directive, and the recent capital requirements directive proposal. And this new legislation alone could prompt further climate litigation, with litigants finding additional legal basis for their claims. Now of course, no one, not supervisors, not legislators, not even the courts can expect individual companies or banks to single-handedly solve the climate crisis. However, based on emerging case law and the evermore stringent legislation on transition plans, we can no longer afford the luxury of simply assuming that individual companies do not have a duty to do their fair share in the fight against climate change. Banks and supervisors alike must, if only as a precaution, manage the risk of the higher courts finding that this is already a binding duty today. One last point. That's always a good moment in the speech, isn't it? One last point. Today, I have mainly used the phrase climate-related litigation, which is focused on reducing greenhouse gas emissions, but they shouldn't be blind to other trends, such as the rise in environmental-related litigation more broadly. As alarm at the decline in nature and biodiversity grows, with some considering that humanity has become a weapon of mass extinction. This is the Secretary General of the United Nations. We can expect litigants to turn to the courts, drawing inspiration from their successes in the area of climate. There have already been several cases seeking to hold supermarkets, food producers, and even a bank accountable for deforestation in the Amazon. And this trend is likely to gather momentum as legislation on supply change enters into force. The deforestation regulation and the proposed corporate sustainability due diligence directive being two key examples amongst others. And arguments about companies' duty to do their fair share to protect fundamental rights by reducing greenhouse gas emissions could also be applied to mitigating other types of environmental degradation. Let me conclude. We have arrived at the horizon of the climate crisis and at the horizon of the climate and environmental-related litigation risks. Banks still have a lot of homework to do. Address to address this risk in terms of both meeting the ECB supervisory expectations and by putting adequate transition plans into place. And this is all the more important given that litigants may increasingly target banks and the wider financial sector with the aim of driving funding away from carbon-intensive sectors and towards the transition. And we need to take action now to anticipate and mitigate this source of risk. But I would like to end on a little bit more personal note by returning to the legal profession that is scattered in such a bouncy here today. Lawyers might sometimes see themselves as the upholders of tradition rather than as drivers of change. They might not necessarily see their work with a pen and paper in front of a computer or in the courtroom as having a dramatic physical impact on the world, much less saving the planet. But with climate and environmental-related litigation, it's different. The lawyers involved in these cases, be it as counsel, as judges or as academics, see that urgent change is needed to protect humanity, by holding society to the commitments of the Paris Agreement and to protect citizens' fundamental rights using the rule of law to achieve these goals. And it brings to mind a poem, the poem Digging by C. M. Moschini, in which he reflects on whether his creative endeavors could bring the same value to society as his ancestors' work, digging the land to plant and harvest food. And he reflects on how to balance his wish to honor his forebears with his drive to follow his own way, using a pen instead of a spade. And he then concludes, and some of you might know this, between my finger and my thumb, the squat pen rests. I'll dig with it. Now lawyers today are also taking up their pens to support the world on a Paris Line path. And their pens set in motion. Set in motion depends of judges. Depends of judges may well induce real change.  Thank you.


Hey, so I made one of these in the past. It was called Thoughts from a Bathtub where I said I got all my best thinking done in the Bathtub and told you my thoughts. People have been highly requesting me making a second one.  Petition to make formal bath time a thing. Gonna add some class to this bath. And if you don't mind, I think I'm gonna get slightly less wet with slightly less props this time. But without further ado, here is Thoughts from a Bathtub 2. Sometimes in life you're the hammer. Other times you're the nail. Sometimes you're the tape measure. A bad time to have diarrhea is when you're on a zipline. You can't fit a square peg in a round hole, but you can light everything on fire. If coyotes could just figure out how to stand up and not do everything with their face, they wouldn't have to hunt in packs. Donuts aren't even real nuts. Illuminati confirmed. They already make hot sauce, but why don't they make cold sauce for food that's too spicy? Calling a couch oversized is fat-shaming.  Group and ask. Why leave a question blank on a test when you could leave it blanket? At least then it would be warm. Putting makeup on and painting a canvas are basically the same thing. Just don't sign your name at the bottom of your face. It's weird. Birds of a feather flock together, but birds of no feather don't really flock at all. They sort of just naked gather.  I think it should be socially acceptable to sprint anywhere you want to. It's faster, and I'm in a hurry. It's not my fault you're in third place at Gary's funeral. One time I wished upon a cloud. I was wondering why there are police dogs, but no police cats. Then I realized that the police probably don't have any use for selfish do-nothing employee. If we were Pangaea again, the beach would be so crowded. Lots of kids make volcanoes for science projects, but how come more kids don't make earthquakes by just showing up to class and shaking the table? If I was a landlord, I'd be cool about it. I'd like people to just call me Lord. The weird tabletop is redundant. Without a top, it's just legs. We all know that only deviants eat their spaghetti off of legs. Humans can get their hair done. But if you bring in your dog and say, I'd like to get him done, you can find out what kind of day that person's having based on whether or not you get arrested. Thank God for bridges.   Hate the coach. Because it's Billy's dad. He's an alcoholic. You might pet your dog, but I'm gonna be honest. I more like hand assault them in a petting motion. I think alarm systems would be more effective if instead of alarm noises, they just shouted out the entire Gettysburg address. April showers, spring May flowers, but one time your parents had sex with each other. Why stop at a coat rack when you could get a shoe rack and a shirt rack and an underwear rack and then you could just get naked right when you get home? What if bingo wasn't his name though? What if it was Ringo or Gerald? Just between you and me.  Double your pleasure. Double your fun. Does not apply to wearing your glasses over your contacts.    Besides butt. I never understood child leashes until I saw a kid give no fucks at the Grand Canyon. I get it now. I will now perform the opening song Bonjour from the movie Beauty and the Beast. Like that's problematic don't you think? So yeah those are my thoughts from my bathtub. I hope you liked my thoughts because I thought them and then I said them from my bathtub in my formal attire in my formal bath. Make sure you subscribe to my channel. I put out new videos every Wednesday slash Thursday. See you guys next week. I feel vulnerable now. I feel very vulnerable. I feel out there. Okay bye. Koff in a bath. Okay bye.


And it felt so good to have a moment of independent autonomy from the control I felt I surrendered myself. It felt so good, but it felt so scary. And here's why, because when you stand up for yourself in any way that you do and reclaim yourself and reconnect with yourself and realign with yourself, you will feel instantly homeless when you've normally made that home in someone else. And the feeling of homelessness and the feeling of lostness and aloneness is felt a lot faster and a lot deeper than you returning home to yourself feels. So when I said no to him, I didn't feel, yes, I'm back home in myself, didn't feel at all, because I was miles from home. It was the beginning of a return to home, but home didn't come to welcome me enough. So I felt so out there on a limb that I wanted to go back inside his acceptance and say things that made it okay. And that's by the way, what most people do, and they never continue the journey, which I was tempted to do that day. So the sense of homelessness is so deeply felt that you abandon yourself again in those moments and say, you know, I'm sorry, I didn't mean that. Or please don't misunderstand me and you start tidying it up and qualifying it, which makes your home back in their validation again. It's all done for good reason. There's no bad heart in us, but you do it because you'd rather you'd rather the home in someone else than the homelessness this threatening. You'd rather have your home in a home that you know is not home than risk being on your own on the streets homeless.


Good morning and welcome to the weekly market update with me, David Madden. Today's date is Monday the 6th of July 2020 and the time is 9.07 British summer time. And it's been a very positive start to the European trading session. We've seen big gains across all the major indices in around rallies of 2%. And this was fuelled on the back of a very positive session in Asia overnight. The Shanghai Composite had its largest single daily gain since 2015. We had a big rally in stocks in mainland China as we did in Hong Kong. And one of the reports behind the positive move was a state of that, that margin trading, margin financing has grown greatly in the last number of months. And that was cited as one reason behind the major move to the upside in Chinese stocks. Now, the very bullish move seen in China comes in a time where the health crisis is still a sadly rumbling arm. Over the weekend, the World Health Organization said that there was a record number of daily cases over the weekend. 212,000 additional cases is what their reading was. In the US, over, you know, in the region of 39 states, I've seen an increase in the number of cases. So the health crisis is still very much front and center. But today's session seems to be dominated by the bullish sentiment out of China. And that seems to be ripping around the rest of the world. It is worth noting at the back of last week, there was some hopes and some positivity. On the back of the fact that the US job support, the non-famperal figure, was better than expected. We also had news out of Pfizer and also BioNTech. Their progress in relation to a potential COVID-19 vaccine is going so well so far, but it's still very early stages yet. So what I'll do now is take a quick look at the week ahead article. Look at the major events of the week and then I run through some of the popular markets, indices, foreign exchange, and a few foreign exchange pairs, and then also a number of commodities. So the week ahead article can be found on our website, cmcmarkets.com. Under Insights, you'll find it under News and Analysis. So this week, the major events to look out for, we have the Reserve Bank of Australia Interesting decision that's going to be out on Tuesday or Friday, depending on which day we're going to work, early hours, overnight for us in the UK. We have first full year figures from Halifords. They do a number of things, largely a cyclist specialist here in the UK. JD Sports will have full year numbers out also tomorrow and Tuesday. We also have first quarter numbers coming out from Whitbread. And we have second quarter numbers coming out from Levi Strauss. One of the big things to look at this week, even though a lot of it has been already been discussed and mentioned in newspapers, is that the UK is going to have an economic statement. Rishi Sunak, the Chancellor of the Exchequer, is going to map out effectively spending plans and a way to kind of fiscally stimulate the economy. There's already talk of about five billion going on infrastructure, roads, broadband, schools, all these sorts of various things. And even the house building sector is tipped to receive a boost as well. Speaking of house builders, Per Simon, one of the biggest home builders in the UK. They have second quarter updates. They have a second quarter update coming out on Thursday. We also have a second quarter update from Rolls Royce coming out on Thursday. We have a first quarter update from Workspace, the property specialist coming out on Thursday too. We also have a second quarter update from Delta Airlines on Thursday. As always, excuse me, the US weekly job as claims report will be coming out on Thursday. That's going to be closely watched. The rate at which the number of new people signing up for job unemployment benefit has been tapering off and it's likely to taper off and also keep an eye on the continuing claims report. Last week, that unexpectedly actually increased, which could be a sign that the pausing of the reopening of economies in the US could actually be causing people to actually people who were brought back to work to now go back on to be unemployed or back to be furloughed. And lastly, as far as economic indicators and announcements go, the big ones to watch out for at the back end of the week will be the Canadian job support. Starting off now, I take a look as they always do across a number of the big indices, starting with the FTSE 100. So broadly speaking, a nice upward trend for the last number of months. Today, we're just below 3,600 now, but we have been above it. So it's the highest level. We hit about a 10-day higher, a week and a half high on the FTSE 100. While we hold above this trend line here, it's likely we're going to see further gains and should be pressed on higher from here. We could be looking at retesting 3,600, 3,400 and a decent move beyond that. It could take us up to the highest scene in June at 3,513. If though, we do have a move to the downside, we could see some support commit to play from this blue line here, the 50 moving average. And that comes into play. The 50 moving average comes into play just south of 6,100. It comes into play at 6,099. And we can see here on a couple of occasions, not that long ago, the 50 moving average acted nicely as support. And if a metric is active support in the past, it makes it more likely it will do so in the future, although there are no guarantees. It is a fairly similar situation over in Germany with the DAX. It's been driving higher since late March. Nice upward trend all along here. Today, it hit its highest level last scene since early to May, June. We still haven't tested the highs of June yet, but that will be the next area to keep an eye out for to the upside. So keep an eye out for 12,930. If you do have a pullback in the DAX, we could see support commit to play from this red line here, the 20 moving average. That comes to play at 12,157. And if you go below that, we could be looking back down towards 12,000. And to be honest, it's only really if you have a size of break below this blue line here, the 50 moving average, which acted nicely as support on a few occasions back in May. It's only really if you have a decent break below that, could then we begin to rethink the wider upward trend over the past few months. Let's take a look across the Atlantic Ocean and see what's going on with the Dow Jones. Similar situation, been a nice upward trend the last number of months. We're currently expecting the Dow Jones to open around 26,294. We're pretty much hovering in around the 200 day moving average for the Dow Jones. The during the moving average is often seen as a benchmark. But above the 200 day moving average, it seems to be bullish. If it's below it, it seems to be bearish, it seems to be weak. So we're pretty much in around that metric at the moment. If we can get back above that metric comfortably and hold above it, we could be looking at building on the gains and looking at retesting the highs of early to mid-June in around 27,633. But even if you drift back below, drift lower from here, we could see the poor to come into play from the 50 day moving average. This blue line here is actually support nicely in mid-May, again in mid-June and also in late June. So that metric on a few occasions has actually support not that long ago. So as a possibility, we could see some fresh buyers enter the fold should we see a move down towards, back towards the 50 day moving average. And that comes into play at 25,208. I'll take a look now. I'll check out the S&P 500. Once again, it's a similar situation to the Dow and also the European indices. It's been a nice upward trend the last number of months. We are aging higher along here. In fact, today's level, probably the highest level that we've seen since about the 11th of June. So we're in a strong, we continue to build on the recent gains. We're pressing higher. We're currently expecting the S&P 500 to open around 3,176. If we continue to push on higher from here, we could be looking at targeting in 3,200. And if we go beyond that, we could be looking at retesting the highs of early to mid-June in around 3,232,33. If you do drift a bit lower from here, support could be found from this blue line here, the 50 day moving average. Once again, it's been a common theme with a few of the major indices that found support from their 50 day moving averages. We could see something similar with the S&P 500 as well. And the S&P 500 50 day moving average comes into play. Well, it's just south of the turn of the moving average. It comes into play at 3,019. And notice how the 50 day moving average, the blue line here almost kind of coincides or is coming into converges with the turn of the moving average, which also acted as support on a few occasions recently. So with the convergence of those two moving averages, some traders would be keeping on the 200 day moving average, others would be keeping on the 50, so it kind of almost compounds the strength potentially of how crucial that metric could be should we see a drift back down there. So you can see, so the common theme is that stock markets in Europe and the US are pushing higher. So tying in with that theory which says the averages must confirm each other while they're all moving together at the same time, higher that is, it's likely that all those could continue to move higher. I'll take a look now at a couple of the big currency pairs starting off with Euro-Dollar. So the Euro had a great move between from May into early June in a three month high in early June. You had a pullback, a lower low, a lower high. Then we've been trading sideways the last few days, but we now appear to be, we've clearly found support from this zone here in a one spot 1168. While we hold above that, we could look at building pushing higher and building on the wider gains. If we do press on higher from here, we could be looking at heading back up towards 114 or up towards the highs in June, early June in a one spot 1422. And if you take all that level there, we could be looking at heading back up towards the highs of early March in a one spot 1495. If on the other hand, we do have a decent break below this area here, the lows of mid-June in around one spot 1168. If I could head it back towards this red line here, the two of the moving average, and that comes to play in a one spot 1040. We could see in a few occasions, it acted resistance in around late March and then we saw a bit of consolidation in that zone also. I said March and then May, we saw some resistance coming to play in around late May on a few occasions. So we'll keep an eye out for that metric, should we have a decent move to the downside. I take a look now at what's going on at the pound versus US dollar. So sterling dollar has been drifting lower for the last three weeks there, thereabouts. To be honest, it hasn't been the most interesting of currency pairs recently, but we are pushing lower. We remain in the downward trend recently. Volatility has been low, notice how we've had a lower low, a lower high, a lower low, a lower high. We've had a few lower lows and lower highs. The highs of early July haven't really taken up the highs of late June yet, so we're still in the recent downward trend. If the market does manage to turn over on the side yet again, if we do drop below 124, we could be looking at retesting the lows of the late last month in around one spot 2257. And if you go below that, we could be looking at heading back down toward this area here, the lows of mid-June in one spot 2076. And if you go below that, we could be looking at heading back down towards 120 itself, a big psychological number. If on the other hand, we do manage to kind of hold above the 124 area, I'll look to build on the recent gains you've seen in the past few sessions. Keep an eye out for this red line here, the true thing we're moving average. That comes into play at one spot 2684. You can see how that metric acted nicely. I've resistance here in the middle of June, so that metric has been important in the past. It makes it likely that it'll be important in the future, but there are no guarantees.  I'll just take a look now at some commodities. Brent crude, the September contract. So I've always had a great run between late August, late April, late April into June. It's had a very decent run. There's a major bounce back in the oil market between production cuts for more back plus. In addition to that, the reopening of economies changed perceptions about what demand is going to be. But given that we've had health issues in relation to countries and US states reopening their economies has led to an increase in cases, that's kind of almost caused some countries and some US states to pause or even revert the reopening of their economy. With that, there's been some fears that, hold on, maybe demand for oil won't be that high because we seem to be in the scenario of if you reopen the economies too much, COVID-19 cases take off again, and then we're going to pause that. So the moves hasn't been particularly interesting recently, but by and large, we're still in the wider upper trend over the past few months. And if you do press on higher from here, we could be looking at targeting the lows of early march in at $46.33. And even if you drop below from here, if you do have a pullback, it could be found from mid-run, the kind of big number, the big psychological number of $40 per barrel. Now lastly, I will take a look at what's going on on the gold market. Gold, it was only last week, mid-last week, gold on the 1st of July, hit its highest level in October of 2012, so it's new, new 77.5 high. But the gold market has been so strong over the trend over the last number of months. The last few sessions, the TBI has been quite boring. It's been a very low volatility. The range has been fairly small. If anything, we can speak to some sort of potentially kind of indecision, but keep in mind, we're still not too far away from making a 7.5 for your high, so the sentiment is still clearly bullish and the outlook is still quite positive. If you do press on higher from here, we could be looking at it back towards 1789, 1790, and if you go beyond that, then the kind of big psychological number of $80,000 will then come into the fold. If you do have a pullback, then if you take out the recent lows here of late June in its 1747, it could put us back on track to this blue line here, the 50 moving average in 1729, and we can see nicely on a few occasions that metric acted as support, so if you saw buyers enter the fold previously at the 50 moving average, it's likely we could see buyers enter the fold should we retest the moving average in the near term, but obviously there are no guarantees. Thank you for listening to this video. Stay safe, have a good training week, and good luck.


I met a traveller from an antique land, who said, Too vast and trunkless legs of stone stand in the desert. Near them, on the sand, half sunk, a shattered visage lies, Whose frown and wrinkled lip and sneer of cold command Tell that it sculptor well those passions red which yet survive, Stamped on these lifeless things, the hand that mocked them, And the heart that fed. And on the pedestal these words appear, My name is Ozymandias, king of kings, Look on my works ye mighty, and despair. Nothing beside remains, round the decay of that colossal wreck, Boundless and bare, the lone and level sands stretch far away.


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