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July 16, 2024
Present and that could explain this what were seeing in the world over the past 1020 years and that is you have the 3 cities trap and we see that with this growing tension between the United States and china and the fact that we outsource all our jobs to china and the 3 cities trap is the tension that arises when a rise in power is about to usurp a declining power so we do see that around the world but at the same time just as like nobody the power whoever is the power the alpha super super impe...
July 16, 2024
In europe. European stocks hitting a 20 bounce up from the bear market in 2020. A little bit of selling on the bond market as growth questions continue and Oil Takes Another leg lower. Lets get right to the bank numbers. Jp morgan shares up by about 2 . They reported blowout fixed income and trading revenue. With us now is Alison Williams is sonali basak. Sonali provisions for loan losses are really skyrocketing here, more than 8 billion expected. A lot of it is coming from the consumer business...
July 16, 2024
About mortgaging our future because this is something that you and i have been talking about here in keizer point for years of course all of this debt and all its feet out since 1071. 00 has not has come at some cost we feel like its been costless because money printer so they can keep on printing it we think like hey i can keep on buying stuff i could buy every year put it on lease i could buy a bigger mcmansion every year and its going to be better and better and better well its actually been ...
July 16, 2024
Mortgaging the future of people who dont have any say in it were going to get to that but before that i want to talk about this quarantine situation because were in this global quarantine and somebody mentions a great interview quarantine max kaiser is best max kaiser and that is something true because of course corona means crown kaiser means king max means king your max kaiser the King King King King i am so toshibas representative here on earth i am the bishop of the taj ok well if thats what...
July 16, 2024
Begin to resume, as many assume in june and maybe be back to something more normal by this summer, i think a v is possible, but i am worried that the outcome will be worse. It really depends to my mind on just how much damage is done during the time that the economy is shut down in the way it is now. How much damage is done joining us is bob dole, chief equity strategist. Thanks for being with us i want to get your thoughts on the potential for this recession and subsequent recovery and specific...
July 16, 2024
United states in the meantime were getting a lot of vitamin d. Were hanging out in the sun outside we have a new report little image here and let us know if you like that but there is something that was in the news a remarkable screengrab from c. M. B. C. Jim cramers show mad money and it was the epitome of it was basically just one image told the story of a 1000 episodes a kaiser report what weve been talking about this entire time and heres a tweet can tell on f. X. And it shows the image from...
July 16, 2024
Make wit it you know whatever you want of the situation it is a dire situation it is a global it let me just jump in here 1st so i can get as we have in stark relief and we have it slapping us in the face like that gift of the woman getting hit in the face with a trout during a storm that everything paul krugman has said about dead is false hes always saying its just we know ourselves and we are going to ignore it well what happened paul krugman is that suddenly the debt became a problem did in ...
July 16, 2024
Say, someone who believed that things may not bottom. And i think hes switched. He may say its not in dramatic fashion because its near the middle of his piece, not at the top. I do believe what were seeing is a gigantic amount of liquidity put in by the fed, when it looked like things might go back down that mattered a lot. A lot of companies that dont have great credit are getting money. Thats important we saw the retailers go up last week it wasnt because retail sales were good, but because t...
July 16, 2024
Americans . Markets this morning are pointing to a lower opening this morning. Take a look at average with Dow Jones Industrial average down 528 points. Nasdaq lower by 78. Dow up 1,151 points. S p yesterday up 154 on wall street. Plus the president speaking with chinas xi jinping overnight. The two countries are working together closely to fight against the pandemic. Next hour eli lilly ceo will be here on drug supply chain and how dependent some companies are still on china plus dr. Oz is here...
July 16, 2024
Part so much that we really need thats what this whole lockdown is teaching so many millions of people but most of their lives are all wasted on unnecessary costly redundant and doesnt promote social good at all. C. N. N. Soccer. Dont forget theres only one way digress yes stacy lets talk about mortgaging our future because this is something that you and i have been talking about here in keizer point for years of course all of this debt and all its feet out since 1071. 00 has not has come at som...