Page 9 - Auction Block News Today : Breaking News, Live Updates & Top Stories | Vimarsana

[ bird calling ] im jamie colby, and today, im in south west florida, driving through the marshy flatwoods outside punta gorda. You know, not every strange inheritance offers unexpected riches. Sometimes it can bring on a massive, screeching headache and a huge mess to clean up. Im lauri caron. In 2005, i inherited an exotic zootype Wildlife Sanctuary from my husband and continues to be wild every single day. [ lion roars ] [ birds chirping ] hi, lauri. Hi. Im jamie. Nice to meet you, jamie. Great to meet you, too, at this animal retirement home . Yes, its pretty much like a nursing home retir...

The economic problem is much more on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me arou...

[ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] im jamie colby on the outskirts of chicago on my way to meet a guy whose strange inheritance takes us back to a time when american cars rule the road, america herself leads the free world, and a workingclass kid from the midwest just dreams of making it home. My name is Matt Litavsky. My father meant the world to me, and he left me a very special car that meant the world to him. He chose me to preserve it, but there came a time when i had to let it go. Hi, matt. Im jamie. Hi, jamie. Its nice to meet you. I know i came here to see...

More on the fiscal side. The focus needs to shift on to fiscal stimulus now. More coordinated policy response. An all of the above strategy. It is critically important we do that. Dont bicker and argue about doing payroll taxes or paid family leave, do them all. This is what the market needs to see, fiscal policy makers starting to panic. Markets stop panicking when policymakers start panicking. And starting to appreciate the urgency of the situation. It took until the last few days for that to happen. Here we are now. Jonathan what a week its been. Joining me around the table, collin martin, ...

Not a good sign. Everyone is kind of getting out of its way. The bond market seems to be concerned about a recession. The bond market is telling you it is a very dark outlook. Its not just about growth, and its about the lower bound, the potential qe, potentially lower forward guidance. They will have to step up to the mark. Whether that is the right plan or not, they are going to zero. The u. S. , unfortunately, will be dragged down more toward europe. The rates market has at least another 25 basis points it could go. There are so many assumptions that are being repriced now. Be careful out t...