Could ever imagine has dropped and personally. Gobsmacked i dont know why but i am i shouldnt be but thats the way it is whats going on as they say max not only has the havening or the having just happened this is a very important event had only happened 2 other times previously and big point history now we have the having of the block reward were going to get into that in the 2nd half a dent held but here we have of course having so thats the hardening of money the hardening of the peoples money in a time of hyper softening of money and infinite fia it and who steps into the rink into the big coin rink with all of the arguments that weve been making for the past 09 years about bitcoin here on this show well Paul Tudor Jones buys big queen with reminder of gold in 1970 s. Macro investor Paul Tudor Jones is buying big coin as a hedge against the inflation of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredib
Clients every mind him of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredibly big news Paul Tudor Jones is a seminal figure in the Hedge Fund Industry in the money man and man industry going back to the early 1980 s. Even before and hes got about 40000000000. 00 hes got a position now and big coin in the low Single Digits we know that typically his style is to scale into a position so i expect him to be 5 or 10 percent of that plus he is the ultimate alpha dog in the big coin space which he does every one of those 10000. 00 head phones out there will follow to some degree so now bitcoin is officially on the map the same at the same time that Warren Buffett kind of exit stage left everything thats old and not working anymore like warren is off the stage and for Paul Tudor Jones this. Come full circle because when i started my career on wall street the early 1980 s. Walter jones was kind of the king of wall
Markets pointing to lower opening. Major averages. Take a look. The nasdaq lower by 65, the s p lower lower by 34 after the markets rallied last week, the dow, nasdaq and s p 500 second straight week of gains with market up on the session as you can see about 2 higher on the dow industrials for week. Oil prices having a rough morning, take a look at this. Taking a steep dive as the coronavirus slams demand. Crude oil now at 13. 54 a barrel. Holding china responsible, questions are swirling this morning about the origins of the virus. Chinas lack of transparency. Congressman andy barr to investigate chinas handling of the pandemic. Mornings with maria begins now. Noble markets look like this. Germany taking a step with reopening the economy. Some stores. The white house is allowing some companies to delay payments of import tariffs if they can demonstrate significant financial hardship, tariffs on chinese goods are not included in the interruption of the white house tariff program. In a
Result of the pandemic. Jared joins us to discuss changes to alcohol laws in several states amid the coronavirus outbreak. Host good morning, it is tuesday, april 7, 2020. The number of coronavirus deaths in the u. S. Is now past 10,000. In new york officials expressed hope that the pandemic is in wisconsin voters will head to the polls despite efforts to cancel in person voting over fears of spreading the virus. British Prime Minister Boris Johnson has been diagnosed with the disease and moved to intensive care. We are giving you the chance to talk about all of this this morning on washington journal. Our phone lines are spit up regional ash split up regionally. In the eastern or central time zone, 202 7488000. Mountain or pacific time zones, 202 7488001. You can send us a text at 202 7488003. If you do include your name and where you are from. Follow us on social media csp anwj. A very good Tuesday Morning to you. You can go ahead and start calling and now as we show you the front pa
Cspanhe senate live on two. By the seniored policy analyst at the National Employment law project. Remind us what your group does and how you do it. Work to advance the interests of underpaid workers racism,ting structural erasing any quality, and Building Worker power. Nelp. Org for viewers who want to check them out online. 6. 6 million americans filed to run employment last week. Put that number in perspective for us. How does that compare to the worst week of the Great Recession . Guest it dwarfs the worst weeks of the Great Recession. It is worse than the 3 million that came before, which dwarfed the highest weekly claims number in history, which was 1982. In 1982, the number was around 680,000. The Great Recession never reach any of those numbers. Host what are the projections for this coming weeks numbers . Guest i hesitate to gas. It is possible that it could be even higher because a lot of people have been trying to get through and have not gotten their claims approved. There