A great market. Do room said it is mad that the dow passed 30000. 00 and current circumstances. I said no equity prices reflect future, not past 2021 will be a great rebound. Im optimistic. U. K. Stocks, especially under price. So engine yell like everybody else. What people are expected to do with the participants and economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think that these are the animal spirits. The fed tries to incur, well responded. Actually, stocks are mostly being driven by global q e, quantitative easing, which really has one major purpose, which is to raise asset prices. Weve been talking about this for a while day by far is one of the central bankers who speaks openly and honestly about whats going on here. So who governs business along over there in the u. K. . Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money for entering.
Not past 2021 will be a great rebound. Im optimistic, u. K. Stocks, especially under price. So anthony l. Like everybody else, what people are expected to do with the participants in an economy are expected to do through fed speak through the fed manipulate in prices, is that theyre supposed to think like that these are the animal spirits. The fed tries to incur, well responded actually stocks are mostly being driven by, global q. E. , quantitative easing, which really has one major purpose, which is to raise asset prices. Yeah, weve been talking about this for a while. David blanchflower is one of the central bankers who speaks openly and honestly about whats going on here. So whos covers business a lot over there in the u. K. Doesnt want to recognize that stock prices are a function of money printing. In fact, how much our stock price is a function of money fronting, according to recent analysis about 50 percent of the dow jones is attributable solely to money printing not from earni
And flower calls it out the way it is. That is for sure, this is all the product of money printing. I mean, its amazing, like this is what we talk about. This is part of the problem that has been going on since 2008 since the 4th turning since the arrival of the new generation into the marketplace of jobs and the economy and they find out its a burnt out wreck of cantillon effect and over priced assets, right that all the young people, the 20 year olds, the 25 year olds having to enter the market with central bankers for the past 10 years, especially 12 years, especially have been pumping up asset prices. Well, that locks out the young generation. So were like, what good is that at the benefit of all the people who the boomers, especially who became of age, who came of age, got their 1st jobs, bought their 1st houses at the beginning of this cantillon effect at the beginning of this ponzi scheme. Since 1071. 00, when the u. S. Went off the Gold Standard, so why youre trying to keep tha
Since winning the election youre playing jeopardy with your life. Plus, an extraordinary journey of love and covid from a patient who was put in a medically induced coma hear her urgent warning. Live from cnbc global headquarters, the facts, the truth, the news with Shepard Smith. Dow 30,000, First Time Ever, its been a great cnbc day and a historic milestone on wall street stocks surging even as america enters its darkest chapter yet of this pandemic the pain on main street cannot be ignored many families are broke, hungry, burying loved ones or saying goodbye on a cell phone screen, and relief from washington is not coming, not yet. But experimental vaccines are fueling hopes of an economic recovery, and a return to some sort of normalcy i want to show you a look at the dow. Were obviously here now, but what a road to get there, along the path, thousands and thousands with a roller coaster. You can see the middle of february right there they have shattered the gains, and all the way
Look agoing to. No legislation. Whenever a 5593 page covid relief bill is, its not a law. None of the socalled legislators of the socalled Legislative Branch right or read their own, quote, legislation. I used to be naive enough to think these perversions of laugh were at least written by staffers. Like that nice lady who sits next to Chuck Schumer who looks her best to be dazzled by his rhetoric. My best guess now its a google algorithm. The lobbyists enter their wish list at stiff the citizenry. Com and then the algorithm turns it all together and you find out you are getting 60 bucks for every month you havent been allowed to open your gym or hair salon and some Village Hedman in who gives astan 30 times that take your child bride to work day promotion. Its not a parliament. Its not legislature not a citadel of democracy. Its a Per Severitied will dungeon of democracy you are hanging upside down and no safe word. Last night we finally found out what the citadel of democracy is a cit