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July 16, 2024
Created of themselves out of Monetary Policy fighting against force and i would ask a simple question isnt it good when the value of your money goes up and cut prices go down but for you personally and so so if we can see that that could be a good thing. And that means we could work less time and the abundance from technology would be broadly distributed instead of being concentrated like it is today i cut something now much i want to focus on this big ben read your book and ive talked to a coup...
July 16, 2024
Stop the rate of Technology Progress and if you just ask about what technology does its close to remove labor right thats why we use it no company ever goes and builds technology it increases technology so that their costs go out or their market share in a cigar they use it to reduce labor and they use it to buy the fund and whats happening is is you have the Work Technology moving at an exponential pace driving rate driving prices down and governments all around the world are caught in an infla...
July 16, 2024
Looking to open off 37 points. The 10year note stands at a point. We are looking at. 672 melissa lee in the house that was a major move we are back up towards those highs right now. We saw lots of ramifications in the market looking at how quickly it moves higher. Im trying to watch whatever information i have is about 12 seconds old we are all in a house somewhere. Just not together. It is good to see you although i cant see you now. Im looking at the board from 15 seconds ago. We are going to ...
July 16, 2024
Theres the headlines this morning programming from. Just a few moments time well back in one hour to bring you the latest global news updates suitor. Hi im max kaiser welcome to the kaiser report Summer Solutions thats right we solve all the worlds problems by bringing in the biggest genius to the way we know that have ever been on the show and were going to talk about a very scary the word and that of course is the flakes and joining us former tech entrepreneur jeff booth hes the author of the ...
July 16, 2024
National office by a major heat out there. Let me give you an example. Party. Stocks were down today. Concorde looking at a high of a tremendous person running 11 on friday. Around the bait we will see 80s the nasdaq was off 185. And that if you look at the for public office. Coast, even a close look at up she has a history of winning thats more than 1. 5 . To 70 degrees which we dont against all odds. Willie brown who be sleep the s p 500 was down 26. See all the time. Dated harris urged her to...
July 16, 2024
Virus. That state senator steve glaser. He said we need to limit interactions to slow the spread of the coronavirus. The east bay lawmakers is the spread of the virus is out of control and that tougher rules are needed. Today the u. S. Passed 4 million cases of coronavirus. This comes just 15 days after we passed 3 million. Here in california the state report a second day of more than 12,000 new cases. Sadly, we set a new record with 157 more deaths in a single day. We have the call to action fr...
July 16, 2024
Set to expire august the first. A new report from working partnerships usa and the Law Foundation of Silicon Valley predicts a looming crisis when that happens. We predict and eviction time bomb of 43,000 evictions which is 16 times the normal rate we see in a typical year. Reporter this, in Silicon Valley where rents are among the highest in the nation and when the moratoriums and tenants will be asked to pay back rent too. Most of these low income tenants that have been unable, they have been ...
July 16, 2024
Its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes one day old on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman powell warned of the lasting damage to the economy of this expectation. Even with th...
July 16, 2024
Plunged 32. 9 percent on an annual basis in the april through june quarter this is its worst 2nd quarter period on record for the previous worst quarter contraction with a 10 percent drop during the Eisenhower Administration in 1958 but these records dont date back to the Great Depression while hopes when told on that v. Shaped recovery is Consumer Spending which actually accounts for about 70 percent of Economic Activity it brought down the g. D. P. On wednesday the Federal Reserve chairman pow...
July 16, 2024
And so much more, on making money. So folks as we end the week the big investment theme is the retreat and big growth names those mega tech stocks that have been on fire for a long time, profit taking was sparked by concerns over the quality of teslas earnings, of course it came from selling those tax credits and slower cloud growth microsoft, and the smooth sailing has run into an air pocket and now these pockets though, theyve been great entry points in the past and the question now is will hi...