Stocks Selling Off After Record Highs // China Needs Central Bank Support // Amtrak's New Deal - 7/8 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:29) - Stocks opened in selloff mode after record closes on Wednesday as investor sentiment is dampened by sinking treasury yields as well as fears regarding the COVID-19 Delta variant. Is this the beginning of a downturn for markets, or is it just an outlier?(13:02) - After the Chinese government had initially tapered their own bond-buying program, they now are saying they need more support from the country's central bank. (24:01) - Airlines continue to see a significant bounce back, and a few days before July 4th, TSA volume actually exceeded 2019 levels. However, the recovery has not been smooth sailing all the time, with airlines like Southwest struggling to get pilots back and stick to their schedule.(32:02) - Amtrak has signed a $7.3 billion deal for 83 new, modernized trains that will service the northeast. While many passengers usually have good experiences on Amtrak, there is one common knock: the price.