This is the kaiser report as we ponder the future and look into 2020 what fascinating stories will come our way you know ive often said on this show that you cant have capitalism without capital corsicana capital without positive Interest Rates encouraging people to save and this next story this next whole show this next entire segment is going to be dedicated to this very notion and i present to you stacy you know that shape there used to be use in ancient greece for democratic purposes i think they would flip it around and if you if your name was on it you got to be on the jury the same with the magic 8 ball sort of concept thats sort of the shape of the do like a digital version of shakespeare oh york i knew him well this is i want us close and were going to cover this capitalism without capital because in fact it is very undemocratic its the opposite of that and its absence of justice in it and because of that because of the propping up of an unjust system we have zombie economy an
And were going to cover this capitalism without capital because in fact it is very undemocratic its the opposite of that and its absence of justice in it and because of that because of this propping up of an unjust system we have zombie economy and this is john authors agreeing with what you max kaiser has said many times on the show over the past 10 years especially capitalist without capital or ruling capitalism what does it mean that some of the decades big market winners are companies with no real net worth so the blue line at the top of this chart here is the outperformance of companies in the s. And p. 500 that actually have negative book value theres Something Like 40 percent of the s. And p. 500. 00 have negative book value if you sold off all their assets it wouldnt meet pay off all their debts i mean this is a fascinating trend the only way they are so. Staying is cash infusions or cash transfusions into the dead corpse of a zombie corporation and because they have a lobbying
Base already more than a month ago. Over a 1000 French Health workers threatened to resign from their posts unless a man on the cross government gives in to increased funding demands coming up we hear from one french doctor on his thoughts on the situation because he didnt want hospitals have been on strike for several months hospitals and Emergency Services units to be sounding the alarm politically nothing has been done the problem. Hi there very good afternoon shoes day 14 for january just turned 3 pm moscow time life multinationals world news h. Q. Its kevin i am with you with this update 1st that iran has said its made arrests in the case of the accidentally downed ukrainian past your plane last week in which all 176 on board were killed. Bateau your model memo abyss you are people it is very important in this incident that whoever was at fault or negligent at any level and identify anyone who should be punished must be punished while. The u. S. Is being blamed for flaming tension
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt live at post 9 of the New York Stock Exchange we begin with text stocks this morning and the continued rally in the sector, another record close, apple, facebook, and alphabet at alltime highs Jeff Richards joins us now along with james lee guys, good morning good morning. Good morning. Thanks for having us so james, im looking at tech stocks up more than 30 in just the last three months. A short list apple, tesla, amd, snap, spotify, zillow. You like facebook and byedo in this market, but how much can you like some of these names given how quickly they have run up yeah. Jon, that very good question we think valuation right now is still very attractive. Look at facebook coming to the year, a lot of investors are very concerned about regulations. I think as we get into the year, a lot of people getting more comfortable because some of the regulatory issues or policy that happened over th
Undemocratic its the opposite of that and its absence of justice in it and because of that because of this propping up of an unjust system we have zombie economy and this is john authors agreeing with what you max kaiser has said many times on the show over the past 10 years especially capitalist without capital or ruling capitalism what does it mean that some of the decades big market winners are companies with no real net worth so the blue line at the top of this chart here is the outperformance of companies in the s. And p. 500. 00 that actually have negative book value theres Something Like 40 percent of the s. And p. 500. 00 have negative book value if you sold off all their assets it wouldnt meet pay off all their debts i mean this is a fascinating trend the only way they are sustained is by cash infusions or acct. Cache transfusions into the dead corpse of a zombie corporation and because they have a lobbying strength and because they control Interest Rates to 0 or under 0 negat