A long way to go in these wars only stoke the money printing which means much higher prices yes of course in the you know dropping bombs just waste money right there over 100000 each misao and that sends some of our inflation overseas but i think now that were now officially in 2020 all he does is of course look at the stock market thats his entire gauge for all that he does so anything to keep the stock market up thats why youre going to see now not only do we have that china trade deals on no its off yes its on no its off because of course its it hes trying to manipulate the prices on the stock market send some sort of investment move here the same thing we see with this war its going to be war isnt warsaw or is on or is off i think for the next few months leading up to the election youre going to see that sort of thing. Because you see this wall street rallies around war threat work khana me rages on because remember the markets fell right after the monday after the weekend assassin
That on the Balance Sheet of the fed which town has many trillions of dollars worth of junk as do all Central Banks around the world the question is how fat are those pipes can they another 20 trillion and joan and i posit that they can so were this is a got a long way to go and these wars only stoke the money printing which means much higher prices yeah of course in the you know dropping bombs just waste money right there over 100000. 00 each misao and that sends some of our inflation overseas but i think now that were now officially in 2020 all he does is of course look at the stock market thats his entire gauge for all that he does so anything to keep the stock market up thats why youre going to see now not only do we have that china trade deals on no its off yes its on no its off because of course its it hes trying to manipulate. The prices on the stock market send some sort of investment move here the same thing we see with this war its going to be wars on worse off wars on wars o
Pointed out and even assassinating the head of another state or a leader in another nation cannot stop this bull market but you know here is the chart that was quite interesting i thought telling you know that as soon as the u. S. Did assassinate sell the money in iran well he was in iraq but the iranian head of their military Division Gold crude and big coin as you see they all spiked at the same exact time with the same movement is there then we have gold and oil and so they all went up together safe haven well a couple things so because it is proving itself to be a safe haven like goal so bitcoin a store of value and safe haven as weve been saying on this show for 10 years finally the markets coming around to that point of view the idea of big oil as a medium of exchange you need to emphasize the transaction ability is false and thats why Something Like that point cash is a nonstarter however lets look at this other idea you talked about 2008 what happened in 2008 while the markets
Or is on or is off i think for the next few months leading up to the election youre going to see that sort of thing because you see this wall street rallies around war threat work khana me rages on because remember the markets fell right after the monday after the weekend assassination of sell a money but then they soared towards the end of the day and that was because on that letter that was fake no it wasnt fake its real no its not were not really leaving iraq remember that whole letter she going to see more of that sort of stuff as we go on and its all about this these pipes that you talk about encouraging the fed to print more money because remember trump is also not only looking at the stock market but hes always looking at the fed and what shape jay powell is doing it hes not printing enough money and if hes not printing enough money for me im going to drop a bomb so he has to print more money exactly people always ask me about trump and i say its a new york thing trump is a new
These annual letters are going to be Agenda Setting for wall street. Earnings season kicks off with the biggest banks in the spotlight. Numbers we saw this morning in fixed income are staggering. Top executives from health care and Drug Companies spot key issues facing their industry. Biosimilars are an important part of the health care system. Technology is an enabler of innovation, accelerator of innovation. We are trying to bring down outofpocket costs for consumers. Even as equities climb to alltime highs, howard marks thinks it is not a great moment to be in the market. The odds are not, in my opinion, in the investors favor. It is all straight ahead on bloomberg best. Hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. As the week began, tensions remained high in the middle east with irans government f