Announcement. You sent to ta did one even there is a hundred percent probability they will raise rates, and even though there is not suspense about the rate decision, there is suspense about the commentary and the speculation the president elect could be tweeting around the fed meeting. The dow, yesterday, getting within 50 points of 20,000, is pulling back by 34. 5 at the moment. The s p little changed to the, in the green, but little change. You see a little bit of granular, push and pull on the market. Energy stocks are the worst performers. You see oil pullback. A. M. Ventories, 10 30 there could be volatility around that. Financials are down. Along with real estate stocks, health care and Consumer Staples behaving better. Individual Stocks Holding that gains include general motors. China earlier today saying they will raise a tax on small cars that would curb an incentive for the auto industry. Also the g. M. Joint venture in ic motor is being investigated for possible antitrust v
And turkey . Our question here on quadriga, this week is germanys satire affair, who will have the last laugh . And to discuss that this week, i am joined here by excellent commentators and observers. Let me introduce them to you. Beginning with andreas kluth, from the economist, magazine, who says this latest clash between germany and turkey is childish and irresponsible. Merkel and erdogan need to start acting like adults. Meanwhile, malte lehming from berlin der tagesspiegel says, any good satirist will be put on trial at least once in his lifetime. Jan bohmermann will have the last laugh here. And deger akal also joins us. She works for dws turkish desk, and has just returned from turkey. She says politicians should not , define the limits of satire , because if they did, an entire nation might forget what satire is. Andreas kluth, i would like to begin with you if i might, and earlier this week, i opened up one of my favorite early newspapers. Berlin newspapers. I was reading an a
Our question here on quadriga, this week is germanys satire affair, who will have the last laugh . And to discuss that this week, i am joined here by excellent commentators and observers. Let me introduce them to you. Beginning with andreas kluth, from the economist, magazine, who says this latest clash between germany and turkey is childish and irresponsible. Merkel and erdogan need to start acting like adults. Meanwhile, malte lehming from berlin der tagesspiegel says, any good satirist will be put on trial at least once in his lifetime. Jan bohmermann will have the last laugh here. And deger akal also joins us. She works for dws turkish desk, and has just returned from turkey. She says politicians should not , define the limits of satire , because if they did, an entire nation might forget what satire is. Andreas kluth, i would like to begin with you if i might, and earlier this week, i opened up one of my favorite early newspapers. Berlin newspapers. I was reading an article about
Our question here on quadriga, this week is germanys satire affair, who will have the last laugh . And to discuss that this week, i am joined here by excellent commentators and observers. Let me introduce them to you. Beginning with andreas kluth, from the economist, magazine, who says this latest clash between germany and turkey is childish and irresponsible. Merkel and erdogan need to start acting like adults. Meanwhile, malte lehming from berlin der tagesspiegel says, any good satirist will be put on trial at least once in his lifetime. Jan bohmermann will have the last laugh here. And deger akal also joins us. She works for dws turkish desk, and has just returned from turkey. She says politicians should not , define the limits of satire , because if they did, an entire nation might forget what satire is. Andreas kluth, i would like to begin with you if i might, and earlier this week, i opened up one of my favorite early newspapers. Berlin newspapers. I was reading an article about
She is the bestselling author at the netbook on the Global Economy and Financial System is going to be published later this year. Please join me in welcoming our host. [applause] good morning. Thank you for that very kind welcome and welcome to the first session of this years conference called the return to volatility. I think the subtitle of that could be yikes, what is going to happen next . The role has been thrown at ordinary decade. First we had a gigantic credit bubble and then an even more shocking Financial Market collapse is not battle turbulence and then we had a truly staggering policy response. It has in many ways typical of Financial Markets into the equivalent of alice in wonderland. They reckon that 1020 of aid was provided by banks. We have had a debt increase of 57 trillion according to mckenzie. Much of that actually has come from china. We also live today and it rolled extraordinarily long yields. You have a number of companies that are issuing at negative yields. It