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Big queen embassy here in mexico city you can go to their Facebook Page you can go to twitter look them up big queen embassy in mexico city and youll find his stand up rage there it was amazing they also gave me this big coin necklace made of real mexican silver so you know speaking about this bed and the fed printing money so were here having another pandemic around the world and the top 0 point one percent who own most of the shares theyre rallying theyre happy theyre excited because any bad news for the people is good news for them and in fact jay powell says it has been a particularly good...

Rally continues s. And p. 500 index at yet another all time high there used to be something called the Business Cycle where you know the labor for example if their cost would get too high then the central bank would step in and they would take an action to cool things down except her but this environment is a one trick pony no matter what the news is good news bad news i mean it doesnt make any difference the question was was the coronavirus going to be bigger than the ability for Central Banks to print in excess of what the estimated cost was that was almost the equation from day 1. 00 so the...

Cool stacey yes because as we have said over and over and over here on kaiser reports bad news is the best news of all of course you would think that a pandemic would hit stock markets and of course there was that those a few headlines saying oh coronavirus are coded 19 this is called technically or medically you know they said well this ought to hit stock markets because its going to hit globalization is going to hit commerce its going to hit trade so every time somebody says this could be bad or do they say oh of course jay pal at the u. S. Federal reserve hes going to cut Interest Rates hes...

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The ability for Central Banks to print in excess of what the estimated cost was that was almost the equation from day one so the fact that its a pandemic youve got all this infection youve got factories shut down it does it hasnt shut down the Central Banks of one of the structural bankers like jay powell came down coronavirus that would be different but he is insulated so therefore there will be no end to this rally i might add by the way we are in mexico city so welcome to mexico city this is where we are we were in cannes koon just the last episode were now in mexico city by the way max als...