Transcripts For RT Boom Bust 20240713

Leaders agreed in principle to extending the deadline to that they will not leave this week as the e. U. Leaders agreed in principle to extending the deadline to the 31st of january 2020. President donald tusk calls it a flex tender the 1st of january 2020. President donald tusk calls it a flex tension which means that the u. K. Can still leave before the new deadline if a deal were to mention which means that the u. K. Can still leave before the new deadline if a deal were to be approved by Parliament Despite Prime Minister Boris Johnsons assurances that they would be approved by Parliament Despite Prime Minister Boris Johnsons assurances that they would leave with or without a deal this thursday a wall known as the ben added leave with or without a deal could this day a wall known as the ben act require the Prime Minister to accept any extension offer from brussels the Prime Minister to the extent to any extent as offered from brussels with the extension as a back to. Within the last last 1000. 00 or last the hours are comic thats how decided dachau and mr bowdoin wasnt as planned out of komisar johnsons plan to call an early election on the 12th of december which would have required a 2 thirds majority to pass all an early election on the 12th of december which would have required a 2 thirds majority to pass prior to the about mr johnson offer of this play for a general election to par last prior to the about mr johnson offered this play for a general election to parliament. I think it is fair to say that nobody in this house relishes the i admit. I think it is fair to say that nobody in this house relishes the idea of a general election because nobody wants to put the public to this idea of a general election because nobody wants to put the public to this inconvenience predict the as the gentleman says at this season inconvenience predict the as the gentleman says at this season but across the country there is a widespread view that this but across the country there is a widespread view that this parliament has run its course and that is. Parliament has run its course and that is. That is because i simply do not believe that this house is capable that is because i simply do not believe that this house is capable of delivering on the priorities of the people whether that means bricks or anything else of delivering on the priorities of the people whether that means bricks or anything else that of course i would rather get breaks it done and sort of course i would rather get breaks it done. This marks the 3rd failed a town for mr johnson to call it a. This marks the 3rd failed attempt for mr johnson to call a general election in the u. K. And with this latest legislative loss it is expected that general election in the u. K. And with this latest legislative loss it is expected that new legislation calling for december 9th election will be put up for a simple majority before we new legislation calling for december 9th election will be put up for a simple majority before weeks and the risk of a no deal brags it has been substantially reduced as a sterling edged hearts and the risk of a no deal brags it has been substantially reduced as a sterling edged higher against the dollar. Theres a lot going on here today so who better against the dollar. Theres a lot going on here today so who better to turn to than former 1st minister of scotland and host of the alex samenow and on the turn are former 1st minister of scotland and host of the alex salmon show on r. T. Alex salmon so 1st minister salman lets start with a quick explanation like salman so 1st minister salman lets start with a quick explanation on where exactly we are with the plan to leave the. Well weve witnessed of parliament 3 americans on where exactly we are with a plan to leave the. Well weve witnessed a parliamentary medical today and the words Prime Minister put forward a motion to call today and the words private minister put forward a motion through the house of commons for an election on december the 12th he won the vote for the house of commons for an election on december the 12th he won the vote didnt get a 2 thirds majority so we didnt get his alleged why should he be dead because this isnt a 2 thirds majority so we didnt get his alleged why should he be dead because this is the bottom Boris Johnson who said he would die. Rather than Boris Johnson. Who said he would die in their debt rather than accept an extension to the theft of fast from the European Union but to date an extension to the theft of fast from the European Union but today he wrote a letter to the European Union accepting that extension if he wrote a letter to the European Union accepting that extension so we dont have somebody who said he would die in a ditch actually very much alive and from so we dont have somebody who said he would die in a ditch actually very much alive and front of the house of commons trying to get a general election though he failed for the time tonight of the house of commons trying to get a general election though he failed for the 3rd time tonight but its likely and this is breaking news that he will succeed tomorrow but its likely and this is breaking news that he will succeed tomorrow by bringing back a bill which requires the simple majority to get that elect by bring him back a bill which requires the simple majority to get that election undeserved of the 12th so the breaking news from the United Kingdom from london tonight action undesirable the 12th so the breaking news from the United Kingdom from london tonight is when we should be watching replays of a wonderful life on television is when we should be watching replays of a wonderful life on television the politicians and the people will be fighting a general election just before christmas the politicians and the people will be fighting a general election just before christmas so now we when asked a few extensions before are we saw a 2 week else. So now we witnessed a few extensions before we saw a 2 week delay and march of this year followed up by delay in the deadline to the 31st of october law and march of this year followed up by delay in the deadline to the 31st of october and now we have a deadline now at the end of january negotiators have been clear that they dont and now we have a deadline now at the end of january negotiators have been clear that they dont want any more extensions so is that set in stone or are we going to see more of this the never want any more extensions so is that set in stone or are we going to see more of this the next in the next 3 months. In the next 3 months. Well youre quite right to say that european leaders are fed up with that and i stick well youre quite right to say that european leaders are fed up with the United Kingdom of subtly fed up and theres been dominating the proceedings of the European Union to subtly set up and theres been dominating the proceedings of the European Union now for the last 3 years at least constant extensions that are in the been no for the last 3 years at least constant extensions that inability to reason made the previous Prime Minister to formulate any sort a deal and nobility to read to me the previous Prime Minister to formulate any sort a deal or no footballers junction to get a deal that has been agreed through the house of commons is for the ball this junction to get a deal that has been agreed through the house of commons is causing extreme weather station across the continent but the reason they have agreed was an extreme weather station across the continent but the reason they have agreed to that extension today and thats been agreed by the Prime Minister is the appeal to that extension today and thats been agreed by the Prime Minister is the European Union no sense theres going to be an election they wanted either an election on or you know saying. Yes theres going to be an election they wanted either an election or a referendum so the matter would come to a conclusion and the reason that europe is being referendum so is a matter that would come to a conclusion and the reason that europe has been content to offer the extension to genevieve 31st next year and content to offer the extension to genevieve 31st next year is they believe the matter is going to be resolved by the people in the general election that is they believe the matter is going to be resolved by the people in the general election and that seems unlikely as we speak to go through the house of commons tomorrow the land that seems unlikely as we speak to go through the house of commons tomorrow but listen unless bracks melodrama theres always a twist in the plot assen unless brecht melodrama theres always a twist in the plot so lets get to this call for another general election whats the difference between so lets get to this call for another general election whats the difference between the 2 dates put forth with the 12th of december which was just rejected by the m. P. s and the 9th of june the 2 dates but forthwith the 12th of december which was just rejected by the m. P. s and the 9th of december which is expected to be tabled this week. That summer which is expected to be tabled this week. While its not going to be the line they bought us johnson has taken up. While its not going to be the line they brought us johnson has taken a plan from the liberal democrats for for position past the underscore to apply and from the liberal democrats to 44 Opposition Party and the Scottish National party myopathy the fall of the Opposition Party in the house of commons on the session National Party myopathy from the Opposition Party in the house of commons on the 2nd Opposition Party and as a doctor himself and i said i could Opposition Party and as a doctor himself and i said i was tonight hell be tabling the bill tomorrow except the day will be the 12th most the night that hell be tabling the bill to model except the date will be the 12th not the 9th now though theres a bit of truth sucking and humming and hawing for not the 9th now though theres a bit of truth sucking and humming and hawing from the liberal democrats on the s. N. P. If he can convince them that hes not a liberal democrats and the s. N. P. If he can convince them that hes not going to try to sneak his bracks agreement through the house of commons in a matter of the day going to try to sneak his breakfast agreement through the house of commons in a matter the days then theyll probably go along with the 12th of december not the 9th is then theyll probably go along with the 12th of december not the 9th forecast but then of course nothing is staff and this move from the liberal democrats in the end out forecasts but then of course nothing is staff and this move from the liberal democrats and the s. N. P. Is controversial some people say theyve taken the the ball away of a stampede is controversial some people say theyve taken the the ball away from the Opposition Labor Party theyve taken the enmeshed of the broad things to a conclusion they from the Opposition Labor Party theyve taken the enmeshed of them brought things to a conclusion theyve stopped the bracks that bill going through others say in the playing and 2. 00 just stop the break. Is that bill going through all those sales are playing into dollars johnsons hands because he has a commanding lead in the opinion polls and a confidence hand because he has the commanding lead in the opinion polls in england at least and can reasonably expect in a pre christmas election to determine with at least and can reasonably expect in the pre christmas election to determine triumphant mangy thats what to these are many thought when she launched her surprise a triumphant mangy thats what police are many thought when she launched her surprise election in 2017 and promptly lost a majority still in politics as an election in 2017 and promptly lost a majority so in politics as in life nothing at all is certain. So we dont see life nothing at all as certain. So we dont see a snap election in the june of 2017 so what are the citizens of u. K. Thinking about a snap election in the june of 2017 so what are the citizens of u. K. Thinking about the situation like are they different thinking differently than 2 years ago and what will be accomplished by had the situation like are they different thinking differently than 2 years ago and what would be accomplished by having this general election. And in this general election. I think the office of the country is very very closely split i think the office of the country is very very closely split i mean the the the reason for this long agonizing 3 years of it i mean the the the reason for this long agonizing 3 years of waiting to come to a resolution of brechts as underlying the country thats the united waiting to come to a resolution of brechts as underlying the country thats the United Kingdom is split down the middle on being remain or breaks it so its very differing them. Is split down the middle on being remain or break so its very difficult to get to a resolution when opinion is so closely fought now ive got to get to a resolution when opinion is so closely fought now i suspect there is a majority in the country who wants to see the matter resolved i think of some they can suspect there is a majority in the country who wants to see the matter resolved i think of some they could sell it will toss a coin and i will either be resolved by brecks or sell it will toss a coin and i will either be resolved by brecks are or will be dissolved by remaining battle be dissolved one way or the other the probable joyously would explode with us all by remaining battle be dissolved one way or the other theres probably a bill joy if he would accept the toying costs but thats not going to be the cost of a coil its going to be a general at the top and costs but thats not going to be the cause of a coil its going to be a general election then of course there are big differences in the countries within the United Kingdom and then of course there are big differences in the countries within the United Kingdom and when has a reasonable majority you would think for breaks but are so are strong remain and one has a reasonable majority you would think for breaks but they are still our strong remain tendency but our scotland is overwhelmingly the remain and then Northern Ireland tendency but our scotland is overwhelmingly the remain and then Northern Ireland which is pro remain about has the party representing it which is probably which is pro remain about has the party representing it which is pro bracks it and then wales which is split down the middle so in addition to the Public Opinion ranks it and then wales which is split down the middle so in addition to the Public Opinion across the United Kingdom being split there are differences between the 4 countries across the United Kingdom being split there are differences between the 4 countries which constitute the United Kingdom all of that has been the ingredients for the last which constitute. The United Kingdom all of that has been the ingredients for the last 3 years of a a parliamentary stalemate now loops her last 2 years of a a parliamentary stalemate now lose her if that stalemate its about to be broken and broken by a pre christmas if that stalemate its about to be broken and broken by a pre christmas general election the 1st it went to an election since 1900 general election the 1st it went to an election since 1974 and it will be very interesting to see if the people of kenya nothing to for there will be very interesting to see if the people are keen enough to tom know when the weather gets cold in the nights get dark however half the time now when the weather gets cold in the nights get dark however one has to be said that the last winter the election of february 174 surprised everybody has to be said that the last one to the election of february 174 surprised everybody by having a huge tug mode so its not necessarily the case that just because it by having a huge tug mode so its not necessarily the case that just because its winter that people dont get to the polling stations and perhaps the people to know just whether that people dont get to the polling stations and perhaps the people tomorrow just to see a final resolution to this loan bracks the bait to see a final resolution to this loan bracks a bait fascinating situation very complicated than and thank you so much for breaking it down fascinating situation very complicated than and thank you so much for breaking it down. Thank. You. Thank. You the mayor of all index of argentina surged on monday morning as trading opened following the week the murder ball index of argentina surged on monday morning as trading opened following the weekend victory of fernandez in the nations elections this spike was also driven in part in victory of fernandez in the nations elections this spike was also driven in part by the argentine Central Banks decision to impose controls on the amount of monkley dollar purchases are by the argentine Central Banks decision to impose controls on the amount of monthly dollar purchases for individuals cutting the number to 200. 00 down from 10000. 00 as for individuals cutting the number to 200. 00 down from 10000 mr fernandez who led the center Left Coalition along with former president Cristina Fernandez de kirchner mr fernandez who led the center Left Coalition along with former president Cristina Fernandez de kirchner top incumbent. With a 48 percent of the vote as opposed to top incumbent. With a 48 percent of the vote as opposed to 40 percent for mr mccree despite the exit of the create for nandos has offered to 40 percent for mr mccree despite the exit of the create for nandos has offered to honor the i. M. F. Major loan to the country of 57000000000. 00 and the new owner of the i. M. F. Major loan to the country of 57000000000. 00 and the new i. M. F. Chief crystal. Offered her congratulations on twitter claiming that i. M. F. Chief crystal offered her congratulations on twitter claiming that she looks forward to working with the new administration to tackle the nations economic problems and she looks forward to working with the new administration to tackle the nations economic problems mr fernandez issued this statement to supporters in one as august following the Election Results on sunday mr fernandez issue. The statement to supporters in one as artist following the Election Results on sunday. We will build the argentina we did true that well then we will build the argentina. True that we. Are going into the world we will build. That theyre going into the world we will build the country that are. Our best. Country that are. Our best heroes and we. Elevate. The Holding Company behind Louis Vuitton mill and hennessy has made a 14. 00 mesa Holding Company behind Louis Vuitton mill and hennessy has made a 14500000000. 00 bid for tiffanys out 120 dollars per share marking a 22000000000. 00 bid for tiffanys out 120. 00 per share marking a 22 percent premium this would be bernard biggest acquisition and would expand the percent premium this would be bernard biggest acquisition and would expand the French Company to access u. S. Luxury consumers this deal would also help elvie a Major Company to access u. S. Luxury consumers this deal would also help compete against who currently is the watches and jewelry segment as of january become pete against who currently is the watches and jewelry segment as of january this unit which includes borger who blow and tag only brought in 9 percent of overall this unit which includes borger who blow and tag only brought in 9 percent of overall revenue analysts believe that tiffanys will likely reject the current offer for being too low revenue analysts believe that tiffanys will likely reject the current offer for being too low as the brand is immortalised new york icon there is a host of potential though as the brand is. Immortalised new york icon there is a host of potential revenue and expense energies that can also be created l b m h has deep pockets the board of a new and expensive g. s that can also be created l b m h has deep pockets the board of directors is currently reviewing the proposal and advised shareholders to take no actions yet for the directors is currently reviewing the proposal and advised shareholders to take no actions yet the luxury goods sector is worth about 800000000000. 00 according to estimates by b. C. The luxury goods sector is worth about 800000000000. 00 according to estimates by b c g who expects it to grow at 4 to 5 percent a year on taught least 2025 g. Who expect it to grow at 4 to 5 percent a year on top least 2025 l. V. I. Majors in competition with south africas reach month francoise panels carol l. V. N. Majors in competition with south africas reach month francoise panels carolyn who owns the portfolios of the worlds most sought after luxury goods brands willing who owns the portfolios of the worlds most sought after luxury goods brands. Time now for a quick break but hang here because when we return. Time now for a quick break but hang here because when we return uncertainties rages on in europe as the transpacific trade by seems to be making progress uncertainties rages on in europe as the transpacific trade by seems to be making progress as there are reports that china and the u. S. Are making progress towards a deal. As there are reports that china and the u. S. Are making progress towards a deal as above the trading lend us a hand to sort through the stocks and the talks are moving market forwards above the trading in london that has this floor through the stocks and the talks are moving market and later the scrutiny of big tech stocks and the money continues to lead by the titans of later the scrutiny of big tech stocks and the money continues to lead by the titans of tech molly barrows contributor to americas lawyer blog today to give us an overview of molly barrows contributor to americas lawyer blog today to give us an overview of regulations in the sector and as we go to break here the number of regulations in the sector and as we go to break here the numbers at the. Great depression. Remember. Remember it was. It wasnt it was bed you know much worse objective listen today. It wasnt it was bed you know much worse objectively than day but there was an expectation that things were going to get better. But there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today todays america where there was a real sense of hopefulness there isnt today todays america was shaped by the turn principles of concentration of wealth and power shaped by the turn principles of concentration of wealth and power. Reduce democracy attack solo doubt. Reduce democracy attack solo doubt engineer elections manufacture consent and other prince engineer elections manufacture consent and other principles according to no im jones to one set of rules for the rich holds according to no im jones to one set of rules for the rich ops etc. Thats what happened ops etc. Thats what happens when you put her into the hands of a narrow sector of what you put her into the hands of a narrow sector of will which will is dedicated to increasing power for itself just as youd expect will which will is dedicated to increasing power for itself just as youd expect one of the most influential intellectuals of our time speaks about them one of the most influential intellectuals of our time speaks about the modern civilization of america. Modern civilization of america. Is youll be via reflection of reality. Is youll be via reflection of reality. In a world transformed. What will make you feel safe in a world transformed. What will make you feel safe. Hyson nation full community. Isolation full community. Are you going the right way or are you being led. By you going the right way or are you being led to. Direct. What is true what is. Direct. What is true what is faith. In the world corrupted you need to face. In the world corrupted you need to descend. To join us in the desert sand. To join us in the depths. Or a maid in the shallows. Or a maid in the shallows. Today there are good terrorists and bad debtors the bad today there are good terrorists and bad edits the bad dead. Those in yemen the United States deems to be a threat the good. News in yemen the United States deems to be a threat the good it is those who work in syria the cia and the u. S. Military were engaged in covert action the war in syria the cia and u. S. Military were engaged in covert actions really throughout the world. Where they were assassinating populace and really throughout the world. Where they were assassinating populist leaders they were backing up the right way military funding an army of death squads leaders they were backing up the right way military funding an army of death squads theres no end because theres always a small. Theres no end because theres always a small. Cut. Off. Cut. Off. Over 40 plus. Over 40 percent this weekend after chinese president xi jinping gave a speech embracing blocking and calling them this weekend after chinese president xi jinping gave a speech embracing blocking and calling on china to advance development in the field because i jump as high as 10300 to advance development in the field because i jump as high as 10332 on saturday as she motivated trying to taking a leading position under 32 on saturday as she motivated trying to taking a leading. On the sector bouncing off of the 200 Day Moving Average it appears that china just on the sector bouncing off of the 200 Day Moving Average it appears that china just confirmed facebook founder Mark Zuckerberg sworn into Congress Last week calling for china to expand Firm Facebook founder Mark Zuckerberg sworn into Congress Last week calling for china to accelerate its adoption of watching technologies as a core for innovation the p. B. S. The celery its adoption of watching technologies as a core for innovation the p. B. S. He has also been working on his own Digital Currency since 2014 in order to reduce the cost and but he has also been working on his own Digital Currency since 2014 in order to reduce the cost involved in circulating traditional paper based money a senior official at the Bank Reported that the poles and circulating traditional paper based money a senior official at the Bank Reported that the plan to do a token would bear similar it aries to Facebook Libra for their feeling mantle token would bear similar it aries to Facebook Libra for their feeling the Technology Arm raised between china and the us block chain has the potential to the Technology Arm raised between china and the us block change has the potential to disrupt the whole financial landscape as the Current System has failed the world time and time again its brought the whole financial landscape as the Current System has failed the world time and time again when the control and management of finance centralized entities veers off course and when the control and management of finance centralized entities veers off course it has very real effects on peoples lives you get disasters such as the greek debt crisis the venezuelan hyperinflation crisis the turkey currency crisis and most recently it has very real effect on peoples lives you get disasters such as the greek debt crisis the venezuelan hyperinflation crisis the turkey currency crisis and most recently argentina and teen default throughout the periods of hyperinflation in venice argentina and teen default throughout the periods of hyperinflation in. Venezuela and turkey and the bank runs in argentina cryptocurrency usage have been on the run while and turkey and the bank runs in argentina cryptocurrency usage have been on the rise the rise of is that people in the. Trailers that are looking to gain exposure pool in those strains to us are wreaking accept those as means to wreaking control and survive in a country where ffion is no longer valuable eking control and survive in a country where ffion is no longer valuable crypto gives the power back into the hands of the people and with more on the back crypto gives the power back into the hands of the people and with more on the macro he had over to top horowitz chief strategist of bubble trading so tata droshky head over to Todd Horowitz chief strategist of bubble trading so todd it seems like dr murrays prophecy is eerily coming true already that means china will it seems like soccer balls prophecy is eerily coming true already that means china will outpace the u. S. In developing internet 3. 00 and the critical Block Chain Technology that outpaced the u. S. In developing internet 3. 0 and the critical Block Chain Technology that will be the cornerstone of the new century meanwhile the u. S. Is still trying to kill off will be the cornerstone of the new century meanwhile the u. S. Is still trying to kill off the new Leader Technology in its infancy before its even been built so where are the new Leverage Technology in its infancy before its even been built so where are we now and has the us thought in their tone at all towards libra. Only now has the us thought in that town at all and twice libra. Well you know i think when you look at the entire crypto currency world well you know i think when you look at the entire cryptocurrency world you know the biggest problem that everybody has including Chinas Central Bank is that they we know the biggest problem that everybody has including Chinas Central Bank is that they want to have control of it and the whole idea behind the crypto currency the whole idea behind it they have control of it and the whole idea behind the crypto currency the whole idea behind bit coin and libor is not to be regulated where it can be manipulated or controlled and been coined and libor is not to be regulated where it can be manipulated or controlled like its done now so chinas Digital Currency if they get one is going to be sold like its done now so chinas Digital Currency if they get one is going to be strictly be manipulated as it is now just like the United States current directly be manipulated as it is now because like the United States currency like every other forgot currency the big question is meant for that that to eliminate the like every other figure out currency the big question is meant for that had to eliminate the b. If you had currency system it also helps people to get their money out of a country if you had currency system and it also helps people to get their money out of a country if theyre going broke you know you are if youre greece or in israel you have money when i get out you can get out quickly theyre going broke you know you are if youre greece or if youre in israel and you have money when i get out you can get out quickly through but going to cant carry it out with bars of gold so again these are the ways of true through bit going to cant carry it out with bars of gold so again these are the ways of transferring money and china has been using bitcoin with russia for about 6 or 7 years already so i answered money and china has been using but going with russia for about 6 or 7 years already so i guess there are there are going to be ahead but at the at the end of the. Because its just all because just prices for a long but right along but right now theres a battle theres a little because they want to go there oh i dont want to get out of control of the currency currency like every other central bank in the world they want to be able to manipulate good cash like every other central bank in the world they want to be able to manipulate good cash value when they need to so one of the main features of this digital arm be the value when they need to so one of the main features of this digital r. And b. Thats currently being proposed by the p. P. O. C. Is that it will no longer rely on the u. S. With debts currently being proposed by the p. P. O. C. Is that it will no longer rely on the u. S. With and chips Payment System which allows for International Cross border transactions the us and chips Payment System which allows for International Cross border transactions the us has control of the Swift Network allows for tremendous power when it comes to sanctioning control of the Swift Network allows for tremendous power when it comes to sanctioning or stifling cross border payments so do you think this is exactly what you are saying that the or stifling cross border payments so do you think this is exactly what you are saying that the u. S. Is afraid of losing control of their current. Currency dominance u. S. Is afraid of losing control of their current. Currency dominance. Well again i think that the u. S. Will remain the dominant currency. Well again i think that the u. S. Will remain the dominant currency player forever i mean as long as im alive anyways again i think that were going to remains a strong the Strong Player forever i mean as long as im alive anyways again i think that were going to remains a strong the strongest the biggest the rim bimby or the r. And b. What youre talking about when it becomes digital will and is the biggest the rim bimby or the r. And b. What youre talking about when it becomes digital will be able to be done and headed to somebody elses blog chain wall be able to be done and headed to somebody elses block chain wallet ok again we dont know the details of how that money could be transfer because its ok again we dont know the details of how that money could be transferred because basically the digital version of the r. And b. Is going to be the same as a current basically the digital version of the r. And b. Is going to be the same as a currency version so how is somebody going to get it into a bank or ever if they take a version so how is somebody going to get it into a bank or ever if they take delivery of the currency is not thats not a crypto currency it can be delivery of the currency is not thats not a crypto currency it can be manipulated is simple as the dollar the currency can be now so again i think nippy elated is simple as the dollar the currency can be now so again i think were looking at this and the wrong way the real benefit of the cryptocurrency world you are looking at this in the wrong way the real benefit of the cryptocurrency world is that there is no central bank there is not though but it can manipulate and price of things out is that there is no central bank there is no nobody can manipulate and price of things out they trade 24 hour a day and theyre done totally on prices government not on what the fed decide they trade 24 hour a day and theyre done totally on prices government not on what the fed decides to do on wednesday now turning over to actually its mark and now we are looking at some to do. On wednesday now turning over to the equities market now we are looking at some of the all time highs as reports of phase one of the trade they are basically completed from the all time highs as reports of phase one of the trade they are basically completed and all of the 206 companies that currently have a part of this earnings season 78 of them and all of the 206 companies that currently have a quarter of this earnings season 78 of them have topped analysts expectations so given the softness that weve seen elsewhere in the economy does it have topped analysts expectations so given the softness that weve seen elsewhere in the economy doesnt even make sense that we are all the way up here and had analysts expectations just been to even make sense that we are all the way up here and had analysts expectations just been too pessimistic this quarter. Of us lets say it this way christi pessimistic this quarter. Well lets do it this way christi 1st of all our earnings have beaten already a lower than expected earnings so again i dont 1st of all our earnings have beaten already a lower than expected earnings so again i dont give their earnings any stock and creating this market but again when Companies Give their earnings and the stock and creating this market but again when companies under promise and then they over deliver even there over delivering nothing they detract new money is under promise and then they over deliver even drover delivering nothing they detract new money investors the overall markets should not be at these levels but remember markets are meant to read investors the overall markets should not be at these levels but remember markets are mind irrational much longer because at the end of the day the chase for yield is what people are a little much longer because at the end of the day the chase for yield is what people are looking for there they need to get yields on earth portfolios and thats what theyre chasing so thats looking for there they need to get yields on earth portfolios and thats what theyre chasing so thats that will eventually be what will bring the markets down and those firms a trade deal that will of the. Actually be what will bring the markets down and those far as a trade deal im not so sure just to step up and say that deals almost done i get you im not so sure just to step up and say that deals almost done i get you with all you have to do is look at the grain markets the grain markets were lower today and what should have been good you have to do is look at the grain markets the grain markets were lower today and what should have been good news for grains so you can tell me the grains have been right on every single announcement of news for grains so if you can tell me the grains have been right on every single announcement in this trade deal i dont think anything is done and again i think its going to be done when its done in this trade deal i dont think anything is done and again i think its going to be done when its done and the grains are telling you right now that nothing is done tahara as above and the grains are telling you right now that nothing is done tahara as above the trading thank you so much for being here. Thank you. Thank you so much for being here. Thank you. Googles Parent Company apple that. Googles Parent Company apple the and is expected to report 3rd quarter earnings after the market closes today when they give the report coming is expected to report 3rd quarter earnings after the market closes today when they give the report Company Executives could also face questions over the u. S. Antitrust probe legal journalist Molly Bentley executives could also face questions over the u. S. Antitrust probe legal journalist molly barrows 6 contributor for americas morning news here now with more so molly 1st anyas 6 contributor americas morning news here now with more so molly 1st any word on what the stock Earnings Report will be. Well hi kristie yeah final word on what the stock Earnings Report will be. Well hi kristie yeah financial analysts say alphabet and is expected to post Quarterly Earnings at 12. 57 anshul analysts say alphabet and is expected to post Quarterly Earnings at 12. 57 a share on revenue of 40000000040290000896. 00 that is cents a share on revenue of 40000000040290000896. 00 that is it was 1306. 00 for the same quarter last year and besides discussing these latest numbers its it was 1306 for the same quarter last year and besides discussing these latest numbers its possible Company Executives will get some questions about the antitrust probe the attorney general tech fossil Company Executives will get some questions about the antitrust probe the attorney general texas announced this summer its leading a group of 48 state attorneys a state attorneys general rather has announced this summer its leading a group of 48 state attorneys a state attorneys general rather to look into allegations of anticompetitive practices by Google Google the companys tech giant and to look into allegations of anticompetitive practices by Google Google the companys. Tech giant and the focus will mainly be on googles control of Online Advertising businesses and search traffic the focus will mainly be on googles control of Online Advertising businesses and search traffic and basically if the company is manipulating those results to undermine their own competitors are perfect and basically if the company is manipulating those results to undermine their own competitors or perhaps influence elections as some politicians seem to feel kristie. Haps influence elections as some politicians seem to feel kristie. Federal trade commission finished a probe into some of the allegations against google and found no manipulation of federal trade commission finished a probe into some of the allegations against google and found no manipulations of surface all intending to her rivals so whats new about this probe of surface all intending to her rivals so whats new about this probe. Just more information more concerns more complex. Just more information more concerns more complaints and it all boils down to political pressure there is heightened scrutiny of all these Tech Industry giants and it all boils down to political pressure there is heightened scrutiny of all these Tech Industry giants in general and concerns are that these online superpowers like google and facebook are manipulations and generating the concerns and are there are these on your mind superpowers google and facebook or manipur delayed in that act their content their user wave ceases to affect and their choices and her business or even simply even political rivals like levy consumers to certain products or politicians of the text is a little cool rivals like levy consumers to certain products or politicians of the texas republican is leading the google investigation in new yorks democratic attorney general a republican is leading the google investigation in new yorks democratic attorney general is leading the multistate facebook probe missouris also been investigating googles for the pastoral is leading the multistate facebook probe missouris also been investigating. For the past couple of years its now folding its investigation into this new texas investigation and as you mentioned into a couple years its now folding its investigation into this new texas investigation and as you mentioned in 2013 the f. T. C. Ended its 2 year antitrust probe they found the company did the 1013. 00 the f. T. C. Ended its 2 year antitrust probe they found the company did not manipulate search results the f. T. C. Also looked into allegations of search bias and scraping not manipulate search results the f. T. C. Also looked into allegations of search bias and scraping of content said google greed to stop data scraping or misappropriating competitors kind of content said google greed to stop that a scraping or misappropriating competitors content and so a. G. Say though theyre still hearing from people that google is collecting more on 10 and so a. G. Say though theyre still hearing from people that google is collecting more and more data from their users all the sell those targeted ads in the meantime deliver in more data from their users all the sell those targeted ads in the mean time delivering them what they call an increasingly poor experience so thats where a lot of this pressure is coming from now bring them what they call an increasingly poor experience so thats where a lot of this pressure is coming from now so what other investigations has google face. Oh boy you know what other investigations has google face. Boy you name it lots of and they just seem to be growing over the past few years so google faces 2 other major inquiry amid lots of and they just seem to be growing over the past few years so google faces 2 other major inquiries a u. S. Justice Department Investigation as well as a pro by the house of representatives judiciary griese a u. S. Justice Department Investigation as well as a pro by the house of Representatives Judiciary Committee theres been previous investigations that touched on advertising like this one but other committee there have been previous investigations that touched on advertising like this one but other probes focused again on their special specialized search tools that google uses for shopper probes focused again on their special specialized search tools the. Google uses for shopping financed at a local businesses again advertising 5 states including being financed at a local businesses again advertising 5 states including texas looked into it back in 2010 but allegedly ended a few years later with no real reason texas looked into it back in 2010 but allegedly ended a few years later with no real reason given missouri also looked into the scope of googles Data Collection and whether that was effective given missouri also looked into the scope of googles Data Collection and whether that was affecting its competitors and in fact just this past September Google agreed to pay 170000000 its competitors and in fact just this past September Google agreed to pay 170000000. 00 fine to the government for violating Online Privacy rules for children because dollars fine to the government for violating Online Privacy rules for children because google owns you tube and base of the f. T. C. Found that they were gathering data on kids google owns you tube and base of the f. T. C. Found that they were gathering data on kids like tracking what videos theyre watching and then targeting ads today and thats illegal basically because there are like tracking what videos theyre watching and then targeting ads today and thats illegal basically because there are federal rules that protect that information from gathering there for federal rules that protect that information from gathering there for kids under 13 its the childrens Online Privacy protection act so lots of our kids under 13 its the childrens Online Privacy protection act so lots of allegations that are similar over the years and the only real investigation that has proven to geisha is that are similar over the years and the only real investigation that has proven anything is one from the e. U. Which issued its largest antitrust fine yet 2 points anything is one from the e. U. Which issued its largest antitrust fine yet 2700000000 against google shipping or shopping rather for favoring their own products over other compeyson 1000000000 against google shipping or shopping rather for favoring their own. Its over other competitors so is this going to be interesting to see some of these other agencies dont think that editor so is this going to be interesting to see some of these other agencies dont think that its going to be as easy to prove that google is doing this as it was for the European Union but its going to be as easy to prove that google is doing this as it was for the European Union but well just have to wait and see fascinating and well definitely see how this earnings will just have to wait and see fascinating and well definitely see how this earnings will be affected by this molly barrows contributor to americas lawyer thank you so much. Affected by this molly barrows contributor to americas lawyer thank you so much. Thanks christi. China is now home to more face christi. China is now home to more the most wealthy people than the u. S. For the 1st time in history according to Credit Suisse is the most wealthy people than the u. S. For the 1st time in history according to Credit Suisse his latest Global Wealth report and overnight 24 year old eric schiff son of bitch latest Global Wealth report and overnight 24 year old eric schiff son of billionaire founder of pheno buying a pharmaceuticals became the richer than trump that its parents gifted and founder of pheno buying a pharmaceuticals became the richer than from that its parents gave to him a stake in the Company Worth about 3800000000. 00 the transfer of to him a stake in the Company Worth about 3800000000. 00 the transfer of 2700000000. 00 shares made eric one of the wealthiest individuals as there was no gift tax in point 7000000000. 00 shares made eric one of the wealthiest individuals as there was no gift tax in hong kong its the latest in a tsunami of asian wealth that has been passed down to the next Gen Hong Kong is the latest in a tsunami of asian wealth that has been passed down to the next generation eric was also named an executive director and a member of the companys executive board cation eric was also named an executive director and a member of the come. Executive Board Committee the same day before being given this role he previously served as c. E. O. At committee the same day before being given this role he previously served as c. E. O. At the north American Army recruitment company. Graduated from war new pan air the north American Army recruitment company. Graduated from war new pan eric is also listed as the director on at least 5 other Company Boards in hong kong is also listed as the director on at least 5 other Company Boards in hong kong. Thats it for this time you can catch a boom bust on directv channel 320. Thats it for this time you can catch a boom bust on directv channel 321 dish network. Or streaming 247 on t. V. The free t. V. Option one dish network. Or streaming 247 on t. V. The free t. V. Up to 79 has always had us up that you. See and. Has always had us about you. See and. You know were a big part of. You know world of big part of. Lot and conspiracy its time to wake up to date a lot and conspiracy its time to wake up to dig deeper to hit the stories that Mainstream Media refuses to tell more than ever deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bad we need to be smarter we need to stop slamming the door on the bats and shouting past each other its time for Critical Thinking its time to plan shouting past each other its time for Critical Thinking its time to fight for the middle for the truth the time is now fight for the middle for the truth the time is now for watching closely watching the hawks. Watching closely watching the hawks. Say. Im. Sorry. Im. Not. By you while the body of easy to. Find this place and theres a 2nd. And. Said yeah yeah yeah yeah. Yeah yeah yeah its rational assaults and. Rational. Designer of need a thief. Designer need a thief. Is. More than enough to spend enough. More than just financially. So what weve got to do is identify the threats that we have its crazy so what weve got to do is identify the threats that we have its crazy confrontation let it be an arms race on off and spearing dramatic confrontation let it be an arms race off and spearing Dramatic Development only personally im going to resist i dont see how that strategy to follow can only personally im going to resist. I dont see how that strategy will be successful its very critical time to sit down and talk. It will be successful its very critical time to sit down and talk. The pentagon says its not ready to release the Video Evidence to back up the claim if the pentagon says its not ready to release the Video Evidence to back up the claim that its kill believer of Islamic State in syria we look at how the worlds most wanted terrorist its killed the leader of Islamic State in syria we look at how the worlds most wanted terrorists are born into temptation for so long. For so long. Also this hour the legal team of trumps former security adviser who was charged with lying to investigators the legal team of trumps former security adviser who was charged with lying to investigators alleges Michael Flynns testimony was altered by the f. B. I. Alleges Michael Flynns testimony was altered by the f. B. I. And French Police have arrested an 84 year old man says. And French Police have arrested an 84 year old man suspected of enduring 2 people during an attack on a mosque that has a new poll finds most active in during the 2 people during an attack on a mosque that as a new poll finds most people in the country think islam is incompatible with the people in the country think islam is incompatible with prince society