Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for the rest of the year are Holding Quite strong right expectations we have for the rest of the year are Holding Quite strong. Alix they are factoring in just two rate cuts. Sonali their outlook is going to be very important. Jp morgan premuch told everybody it is not a big deal for the end of the year. Jp morgan pretty much told everybody it is not a big deal for the end of the year. Investment banking up 27 year on year. Advisory fees were up. Debt underwriting up. Equity underwriting a little s
A figurehead of the opposition honed his skills of brought. In just about an hours time and your father is going to be here with a look at the top news of the last 7 days and the kinds of report is next here on r. T. Max keiser this is the cas report you know this began as a celebration of our 10 years of kaiser report incredible if i think so stacey if the next quarter we knew be celebrating our 10 Year Anniversary you know because i like to do month long saga celebrations my birthday is officially one month our 10 Year Anniversary is going to be a whole quarter just so you now and you know one of the themes that kind of has been constant in the past 10 years is this new paradigm shift i remember over it 0 head and Liberty Blitzkrieg they called it the 4th turning right that there was a huge generational paradigm shift that was happening and you could see that with the meltdown were having with china and the trade war and its really about the sudden recognition even though some of us
Now on the tv we will introduce you to an author has not appeared with us before besides being an author what you do for a living quick. I am into Clinical Psychology i consult and train folks people who work for volunteer organizations that need to persuade large numbers of people of new ideas so the marketing and branding of ideas. 11 walk us through one of the times you have done this and with who. There was a candidate in seattle was running as a libertarian and a 90 percent democratic district. So there was some quite interesting things through downtown seattle we ran a campaign this is where politics have become very tribal and divisive. So the problem is the extreme so the quiet moderate left and right with each other than with the extremes of their own politicals and that is the section in the us and surveys are showing that and polls are showing that and that means it is a political open door because the main parties of the political establishment that the insurgent can exploi
Where it was. Rigged the system was riggs and the fact that they could print money and give it to their buddies on wall street to dispense to us it was like one of these all coins where they have a pretty mind and they give it to their friends and the friends are supposed to disperse it but weve had this situation of the global insurrection against banker occupation and i want to turn to a tweet stream that somebody read tweeted into my stream this past week and that was a tweet i had sent august 26th 2012 so this was a year after we had started talking about bitcoin. A little bit over a year actually after we started talking about on kaiser report as a response to this global insurrection against banker occupation and i had tweeted to john with tonus that other than this bully on basis episode member basis fired for talking about gold on our show i have to say our big coin episodes have caused the most wrath and havoc so in our comments we would see that over and over especially the g
The next quarter we knew is celebrating our 10 Year Anniversary you know because i like to do month long sort of celebrations my birthday is officially one month our 10 Year Anniversary is going to be a whole quarter just so you now and you know one of the themes that kind of has been constant in the past 10 years is this new paradigm shift i remember over it 0 head and Liberty Blitzkrieg they called it the 4th turning right that there was a huge generational paradigm shift that was happening and you could see that with the meltdown were having with china and the trade war and its really about the sudden recognition even though some of us have recognized that for quite a while the Southern Recognition that they actually beat us and high tech stuff and it suddenly dawned on us they we are we 2nd rate to them and we have the melt up and feel i in these negative yielding bonds theres a literal melt up happening there and i think is the beginning of the age of bitcoin and the return of gol