Next hour right now though it is the kaiser report stay with us. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investments in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milk
President ial debate on saying new rules have been announced and they follow public criticism over the handling of their 1st debates mike hanna has more from washington strictly speaking its the same format and that is a 90 minute debate divided into 6 sections but what the changes is that each candidate will be given 2 minutes to speak at the beginning of each section and now the commission on president ial debates says the other candidates microphone will be switched off during those 2 minutes to stop all interruptions and then during the discussion that will follow a free discussion in each section any candidate that interrupts will have the time taken off him and given to the other candidate this just follows the absolute chaos that ensued in the 1st and only Television Debate between joe biden and president trump. The u. S. Has charged 6 former Russian Military officers for global Cyber Attacks the Justice Department says they targeted events like the olympics and the french presi
This week. The democrats say there is no rush and that any decision should wait for the election. An exclusive interview with atlanta feds rafael on the prospect of race. The bank of thailand make policy decisions this week. Central banks heading the headline when it comes to the agenda this week. Take a look at markets setting up in the early part of this monday. Liquidity is in session in asia. Japanese markets are off in respect to the holiday. That also means treasuries at cash trading wont begin until the london session. Asian equities are up someone it comes to rebound after tech put u. S. Stocks to a sixweek low on friday. The s p contracts trading law by that the , suggesting downward pressure could continue after three days. Kospi futures are looking positive. That does hold the crucial export data. About half a up percent. Sydney futures lower by 6 10 of 1 . We did get positive developments when it comes to the coronavirus case numbers continuing to trend lower and 11 cases r
Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm
Yields, even fiveyear yields at the highest level for more than a month. We are looking ahead to a few fed president s who will be speaking later today. The picture where policy will be in the months and days ahead. Seems like there is some optimism on some kind of stimulus. You can also argue that investors are looking past what happens in congress are looking more towards what happens for this election right now because the polls into a suggest, are in favor of biden. Not sure this price president ial debate will change the dynamics of that but certainly we are seeing most risk assets are outperforming with the exception of hong kong which is down 0. 8 . The kospi gaining. The Third Quarter was a surprising beat there. Nifty futures also higher by a touch. The dollar has been pretty steady. That is helping some of the asia fxes here today. In terms of movers, samsung electronics. We mention that surprise beat there. It seems like the stock is been lower by 0. 5 . Alibaba and tencent