World you know with the uprisings about the George Floyd Murder which has spread around the world and i think the underlying issue here is the Monetary System around the world thats the basis of why everybody around the world this protest and why this has spread around the world and it goes to this little clip from the Federal Reserve chairman Jay Powell Marty bent posted this and he said deflecting blame never a good sign individuals are waking up to the biggest scam to sweep earth over the last century the Federal Reserve fix the money fix the world. With more or more. Its not really really 2 months. Or is. There a lot of work was. More or less. Consistent for. Yours right well lets keep in mind that your own powell is the big shareholder in stocks and hes the guy gave blackrock the job of buying stocks for his back the central bank and he gave the money to do so so he prints a lot of money gives it to blackrock and then they buy stock in these e. T. F. That he owns jay powell and th
It started out boring earlier this morning. It is not boring anymore. John will do jon will do a data check. 0. 5 inaq 100 up a good the last 30, 40 minutes. I am going to say that the chancellor of the exchequer, or the egg shells, whatever it is, giving a speech in the United Kingdom really talks about the stimulus to come. That has been the underpinning to a good feeling about this market. Jonathan this is smart policy we are seeing from the u. K. , and it lays down a market for fiscal authorities elsewhere as well. Lets start with the labor market and with the chancellor is doing today. The chancellor is incentivizing the government is companies to bring back employees. They are really trying to help the young. The companies will want to be incentivized as well. How do you incentivize them . You offer them money to help hire young people. That is an important step as well. Now weve got to talk about the industry getting really beaten up. Restaurants, hospitality, tourism. The chanc
Eurozone. The german lender looks to fill its top job as soon as this week in a bid to end a shareholder revolt. 6 00 and in 6 00 a. M. In london. You have not had it so cheap for quite some time. Five year low in dollars. Record no in pounds. , thedity from my friends munificence of Central Banks is gushing in the form of liquidity. It goes back to the old story which is where do you find the velocity, where do we start riskon. He bonkers jp morgan, citigroup, look to the hinterlands of recovery. Good to see you again. Bita Goldman Sachs takes a of a different view in terms of the rest of the year but i still see some growth coming through in 2021. To jp morgans point, they are saying liquidity will lift stock and bond markets and that comes back to the conversation you and i have been having for so long in terms of our these two markets giving us different signals or is it all about the liquidity . Manus which is priced better . Moves they scrapped their bearish call on risk assets a
Continues to rise significantly in terms of the virus and we talked a lot and well hear from meg again and meg has been following it so closely for us and the market only seems to go up as the cases go up. That is leaving some people scratching their heads and others view it as were going to get to the other side and a view of what the economy will look like and then you come back to the fed, carl, which seems to be the fuel that everybody sort of points to as the key fuel, i should say, for this market. Yeah. Morgan, lots of notes over the long weekend and we hope everybody did have a great, long weekend. More debt and liquidity and asset reflation. That was literally the title of the jpmorgan note on friday. Yeah, for all those folks that were basically still stuck at home or not traveling and getting on airplanes, lots to digest in terms of market commentary over the weekend. I would add to the fed, i would add the expectations that do seem to be baked in around what phase four fisc
Were going to talk about can tell you a fact and how that spreads down through a systemic form of discrimination and a systemic inequality because this is an issue obviously that is spread around the world you know with the uprisings about the George Floyd Murder which has spread around the world and i think the underlying issue here is the Monetary System around the world thats the basis of why everybody around the world this protest and why this has spread around the world and it goes to this little clip from the Federal Reserve chairman Jay Powell Marty bent posted this and he said deflecting blame never a good sign individuals are waking up to the biggest scam to sweep earth over the last century the Federal Reserve fix the money fix the world. With more or more. Its not really 2 months. Or is. There a lot of work was. More or less. Consistently for. Yours right well lets keep in mind that your own powell is the big shareholder in stocks and hes the guy gave blackrock the job of bu