Money just to prop of your own share values and thats been working because youve seen the Massive Equity rise and as you pointed out well all time highs right now we only have like 15 seconds when i ask you about this real quick Federal Reserve just injected another 104000000000 dollars into markets overnight again on thursday and ran over night into friday the Federal Reserve is just a huge part of this right continuing to dump cheap money at lowest Interest Rates and its not good for the economy unless were not only that but they also include 28. 42 day term loan repos into this agenda and thats the new news for right now so theyve tried to inject money into the system consistently that has not solve the problem so now theyre extending the term and trying to increase more liquidity and right now the most worrisome part of all is that theyve made this the new normal so whats going to happen when they take their hand out of the Banking System right now they cant i think we all know eur
Finance over the past decade global dead has ballooned by more than 70 trillion dollars which again has been driven by both governments and corporations so christine lets break this down here because were talking about a global debt that is really equivalent to 320 percent again these numbers are so hard to even fathom 320 percent of global Gross Domestic Product how is that sustainable on any level is not sustainable and thats why this rising debt level that has absolutely no signs of slowing down has been flagged by economists as one of the biggest risks for the economy and probably the next breaking point and right now as you point out this is a combination of both Government Debt public that as well as private debt and the private debt its even more concerning even though Government Debt thats the most attention private nonfinancial day in the u. S. Is at 27 trillion versus public debt is at 19 trillion and the reason why private debt is so much more dangerous is because its more p
Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples
Reporter providing new details about saturdays chinatown attack, the victims were three men ages 63, 67 and 60 despite the violence and of them was left with major injuries. Ive seen the same video youve all seen, how the individuals got roundhouse, punched and the head hit the curb did not suffer any profound injuries is a miracle. Reporter today Community Members let a silent meditation reflecting on the recent acts of violence. Supporter saying attacks like this have an impact on everyone who lives, works and visits the city. It doesnt matter which community in which part of this neighborhood, we are all targeted. Community members say many of the homes in the area are small with no living rooms so it functions as a Community Space for the weekends attacks have left many feeling vulnerable. They are worried but about where they can go because they live around here, theres no living room so even though what happened they get scared but what can you do . Reporter supervisor pasco tell
Within two men crossed paths one of them was eric reason, father of six and construction worker. The other that was offduty Richmond Police Sergeant Virgil thomas, 23 department veteran and husband of the rich and placement. Reason was armed with a gun and brandished it at the sergeant who opened fire. Rezas mother says she doesnt know her sun had a gun. If thats the case i think it still wasnt necessary. Being armed does not warrant an execution. Reporter Family Friends held a prayer circle at the gas station. Among them was melissa no, civil rights attorney. She says the Police Sergeant was a main aggressor. When you have a license Police Officer who is escalating into a parking dispute in a crowded area we are concerned how that can happen. The placement said unfortunately when the Police Officers confronted with a felon armed with a firearm deadly force may be necessary. Please reserve judgment until the investigation is finished. Richmond police are conducting an internal review.