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.

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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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