Applied but i believe its 10 percent on air bus products so there is that but also you know its interesting that you mention the printing of money and. Like why is the fact that say for example the e. C. B. Has printed more money than the Federal Reserve bank why is not that considered a subsidy as well like oh are we going to start getting down to that sort of micro level whos printing in cheating more theyre all cheating essentially is what theyre saying but some are cheating faster and harder than others right its a form of cheating again when you leave the Gold Standard theres no way to have an accounting or a Balance Sheet that shows exactly whos trading with who and what a sorts of silly print money to cheat to undermine to try to grab a few extra pennies or euros here and there and that it is part of the scheme and that is what happens when f. E. M. A. Money and Central Banks and. And and fractional reserve banking and it just ends up into this this huge enormous pyramid of pape
A website called the cause a reporter is heading your way next. Time to give you the latest global news updates. Hello there im max kaiser this is the kaiser report the show that goes there. Days hey max by the way you know its just a week and a half from today that we will be imposing tariffs big tariffs on european goods this is a bit of a shock in the past came out of the blue we were in these trade wars cold wars civil wars we had all these wars flying back and forth alone behold suddenly we start sanctioning well imposing tariffs on european goods and this is based on a w t o ruling that they decided that in fact air bus had provided 7500000000. 00 worth of subsidies to air bus from the European Union nations so we get to impose some and of course child picks out all the nice foods if he doesnt apply you know he famously it likes things like hot dogs and hamburgers and burger king stuff and donals and junk food so hes applied it to things like stilton cheese ing google and stuff l
Showing outperformance for second day running. Totally different market. That is the key thing. These results, it has a different feel than basically the entire year until now. Up until that was all tack and all defense. Energy up, industrials up, materials up. Lets dive deeper into todays action. Scarlet im think about the reversal you were just talking about. Choppy Market Action on the week especially around momentum stocks. And this is around the 50 Day Moving Average. Earlier we came close to breaching that short term momentum indicator p take a look at this one and half year chart of the s p 500. Arranged all the uncertainty around the macro factors, stocks stuck in this giant rage and then the more narrow ranges between the 200 Day Moving Average in blue, the longer term buyers and in yellow the shortterm buyers. Last year the s p 500 stuck in between those moving averages, then making it about the 50 day, once below and then the 200 day average once that was sliced and ugly fou
Treasuries are up in the pound is strengthening. Eurodollar, you can see 1. 10 52. As the focus shifts to Central Banks, a lot is coming up with news this week. We also have to look at renminbi. At seven. 08 7. 08. Some breaking news, a new chief executive at the royal bank of scotland. Alison rose will start at the position from november 1. And makes her the first woman to become one of the big for the over to hong kong, thats where Amnesty International is alleging the police beat be prodemocracy protesters. They also accuse the police of committing acts that amount to torture they would not comment, but say they respect the rights of people in custody. This weekend, demonstrations are expected to continue. And allout war in the case of iran in the country, thats according to the foreign minister speaking to cnn. She denies irans involvement and says he hopes to avoid a conflict and adds iran is serious about defending itself. Benjamin netanyahus days as Prime Minister may be numbere
Fed started in 2009 after tim geithner left until 2016 and before that he was with Goldman Sachs for about 2025 years the fed shouldnt enable donald trump you know trump isnt a trade war and thats why bill dudley responded to this is like this trade war with china is crazy we shouldnt cut rates in fact we should raise rates if anything hes almost suggesting anything to get rid of trump like we should overthrow the guy well trumps new trade war tool might just be antique china debt collectors of pre communist debt are lobbying the white house to force beijing to pay up president Donald Trumps next move in an increasingly fraught trade war with china could be one for the history books literally the trumpet ministration has been studying the unlikely prospect of reviving centuries old claims and chinese bonds sold before the founding of the communist peoples republic this was a 1911 and it was used to fund the construction of a rail line between hunk who won and once the communist revolut