Monetary and fiscal stimulus out there. Oilmarket is focused on given what opec may or may not do. Treasuries are advancing. Stocks edging lower in europe. Also edging lower when it comes to u. S. Equity futures. Investors now trying to look for fresh candidates for gains amid a rising number of Coronavirus Infections in some countries. I would point to oil as well. Annmarie hordern spoke to the russian oil minister. Chinese shares actually pairing losses after we saw the pboc saying they want the flow of credit to the economy to increase 30 trillion yuan this year. Notice bank leaving a key rate at its benchmark at 0 . Good morning, francine. President trump asked for chinas help to win reelection, that is the allegation by john bolton in his tellall memoir. The white house is seeking an injunction preventing the form a National Publishing the book. Bolton is the most senior official in the Trump Administration so far to publish an account of his experience. The president s Campaign T
Spending and chicago pmi fed chair with alan blinder in a few moments. Steve liesman will give us a curtain razor on that. Hey, steve. Good morning, carl. Yeah, were wondering whether powell continues a cautious tone, much more cautious tone than the market seems to embrace and in a way his cautious tone seems to give the market a green light because it means more stimulus or the fed being around for a long time here among powells concerns hes expressed in the past that the employment and growth rebound could take longer than it anticipated, some businesses wont survive the downturn, a possible second wave of the virus and the stimulus will run out and think about more stimulus on the other side you can see the effects of the stimulus carl alluded to in the income and spending numbers this morning. Quite astonishing. Every one of the numbers youre about to see are historic, never been there before. 11 month to month rise in income well tell you why that happened in a second. 13 month t
Made with. Bamboo strips but you put your fingers on the 2 ends of the hole and what happens when you do that maddow yeah you get on your finger you have pole and you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how do we escape it is useless and relax and put your fingers together and the holes expand you know where i could watch this for hours were not a magic show but what is magic is what the fed has been doing what the u. S. Government has been doing for the last 20 years any time the debt load gets too big and all the fraud gets too big and the t. V. Ofr all of them the dot com crash every single time its met with more money printing but this cycle the fact that it keeps on crashing and keeps on the fraud keeps on building yeah its like theyre stuck in this chinese finger trap they keep doing the same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like
And you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how to escape it is useless and relax and put your fingers together and the holes expand you know when i can watch this for our were not a magic show but what is magic is what the fed has been doing what the u. S. Government has been doing for the last 20 years any time the debt load gets too big and all the fraud gets too big and the t. V. Ofr all of them the dot com crash every single time its met with more money printing but this cycle the fact that it keeps on crashing and keeps on the fraud keeps on building yeah its like theyre stuck in this chinese finger trap they keep doing the same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like if they find themselves in a hole stop digging thats the western analogue to the chinese finger trap perhaps but you know what the thing is. If they would just relax
Are this is the kaiser report true true yeah were on lockdown doesnt matter things are still happening things are still Going Forward to use a still newsworthy and whats relevant is relevant whats not relevant is not relevant. Well you know out in my headlines im going to compare these stories to the chinese finger trap now i used to love that toy as a game and it worked on me every single time the simple puzzle trapped me and his fingers remember if for those who dont know its kind of shaped like this and its made with. Bamboo strips but you put your fingers on the 2 ends of the hole and what happens when you do that maddow yeah you get on your finger you have pole and you know what happens is it shrinks in size the tube shrinks in size when how to get out of it how do we escape it is useless and relax and put your fingers together and the holes expand you know when i can watch this for our were not a magic show but what is magic is what the fed has been doing what the u. S. Governmen