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July 16, 2024
Fewest deaths since the lockdown. Factory output across several asian economies slumped to record low. Fresh pmi data out of europe. The week culminated with a grim u. S. Jobs report. Warm welcome to daybreak europe the tail risk is back and it is wagging. Chinau. S. Trade relations in the dumpster. The United States president says as ultimate punishment, pompeo is ramping up the rhetoric. Angst deliversde hapedongation of any us recovery. That takes bond prices and yields down to 0. 25 , maybe ...
July 16, 2024
Just days after he had imposed a ban on flights from china he also appeared to echo allegations that the organization rely too heavily on information from china during the initial phase of the outbreak they called it wrong they call it wrong they really they missed a call they could have called it months earlier they would have known and they should have known and they probably did know so well be looking into that very carefully and were going to put a hold on money spent to the w h o were goin...
July 16, 2024
Told that Boris Johnson is still continuing to leave the country but if things get much worse then it will be dominic rob the foreign secretary will step in to take over also in the u. K. Britains Queen Elizabeth made a rare address to the nation the 93 year old monarch urged people to remain united and resolute to overcome the virus john hall has a story 2 weeks into the u. K. s lockdown and deserted city scenes are testament to a new way of life most people staying home for as long as science ...
July 16, 2024
Government decide they must also on lockdown in Windsor Castle her residence outside london the queen 93 years old reminding britons in a rare televised address of previous sacrifices and times of crisis i hope in the years to come everyone will be able to take pride in how they responded to this challenge and those who come after us will say the britons of this generation were as strong as any that the attributes of selfdiscipline of quad good humored result of and a fellow feeling still charac...
July 16, 2024
Weather can we expect pretty good weather today were cloudy to start but increasingly sunny by the afternoon ahead of us a dry conditions most notably for your monday as opposed to the rain that were going to see tomorrow so you get out there and enjoy a berkeley us looking out to San Francisco. Its all nice and clear some low lying cloud cover has helped to keep any fog from forming across the bay overnight. A couple spots of drizzle out along the coastline, but all that green that youre seeing...
July 16, 2024
Prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing of waiting is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the central bank by the safe assets the government ...
July 16, 2024
Financial assets buying up real estate in Capital Cities around the world which is. Flat exactly which is why you know young people cant buy our flats anymore just in london us and european cities as well increasingly this is the religious this great faith because the economists about that is the private sector so part of it i think is a lack of confidence in the potential of the state in the potential of government to actually do useful stuff to actually direct the economy in a way that is soci...
July 16, 2024
Now are the roots to be found in postings because. I know youve been writing about the fact that we keep emphasizing Household Spending rather than innovation and progress and the money supply may not be the most important thing here it may be money allocation as someone from the Chinese Communist but anyway yes i think that is exactly the problem there isnt really a supply story problem theres a demand side problem the demand is coming from speculative speculative type demand so theres lots of ...
July 16, 2024
Homewards it has been the state it hasnt be the best of the evidence suggests actually when Central Banks and ministries of finance collaborate and coordinate their activities the government says were going to do this big expansion in infrastructure were going to spend this on r. And d. And the central bank finances support financing through its Monetary Policy has credit guidance policies that direct lending into those sectors most needed then you tend to have more successful outcomes not every...
July 16, 2024
Voices in the military will see committee at the bank of england saying its not working yet well theres voices everywhere and now even some of the top x. Central Central Bank Governor was raising questions about q. E. In his announcement talked about the need for governments to do more expanding fiscal policy and thats a view thats becoming increasingly prevalent i think amongst Monetary Policy makers governments arent yet getting the message that we still havent seen expansion in fiscal policy ...