CNBC Fast Money Halftime Report August 31, 2016
Turned upsidedown, to be honest with you. You marvel about it, but switzerland borrowed money and negative Interest Rate. Hard to think about. Somebody gave money to switzerland, give it back less than 50 years. Japan negative Interest Rates. Germany, negative Interest Rates. Im trying to operate in a world where i have to figure whats normal. So normal to me is maybe an economy grows, the labor force and economy grows about half of 1 per year. Productivity of labors for, 1. 5 a year. Basically makes a real gdp. 2 real gdp. Add on 2 inflation. 4 nominal gdp. That kind of world, normally fed ra...