Could ever imagine has dropped and personally. Gobsmacked i dont know why but i am i shouldnt be but thats the way it is whats going on as they say max not only has the havening or the having just happened this is a very important event had only happened 2 other times previously and big point history now we have the having of the block reward were going to get into that in the 2nd half a dent held but here we have of course having so thats the hardening of money the hardening of the peoples money in a time of hyper softening of money and infinite fia it and who steps into the rink into the big coin rink with all of the arguments that weve been making for the past 09 years about bitcoin here on this show well Paul Tudor Jones buys big queen with reminder of gold in 1970 s. Macro investor Paul Tudor Jones is buying big coin as a hedge against the inflation of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredib
Clients every mind him of the role gold played in the 1970 s. He says quote the best profit maximizing strategy is to own the fastest horse this is incredibly big news Paul Tudor Jones is a seminal figure in the Hedge Fund Industry in the money man and man industry going back to the early 1980 s. Even before and hes got about 40000000000. 00 hes got a position now and big coin in the low Single Digits we know that typically his style is to scale into a position so i expect him to be 5 or 10 percent of that plus he is the ultimate alpha dog in the big coin space which he does every one of those 10000. 00 head phones out there will follow to some degree so now bitcoin is officially on the map the same at the same time that Warren Buffett kind of exit stage left everything thats old and not working anymore like warren is off the stage and for Paul Tudor Jones this. Come full circle because when i started my career on wall street the early 1980 s. Walter jones was kind of the king of wall
Shery ahn thousands rally against Police Actions in hong kong. The unrest came up in toxic think china and japan in beijing. A study markets not kicking off trading in the early session. Sophie stocks stay below 6800. Not going anywhere fast given the holiday week. After a three dated decline. As investors consider the earnings trajectory going into 2020. Futures are pointing to gains in tokyo and seoul, adding less inn 1 10 of 1 , wellington. Switching out the board. The aussie dollar set to snap a four day gain. 1. 30ound trading below after being the worst performer ing itsht after cappting i longest lower run on no deal brexit. Yen barely budging as it is set to end the year, defined stronger forecasts. Bojs Meeting Minutes due later this morning. Paul . Paul lets get the first word news with haslinda amin. Slinda thousands rallied in hong kong monday evening against Police Actions to see moneys raised by a crowdfunding group. Police arrested four people over suspicions of money la
Lawmakers also heard testimony from the head of the housing agency, this hearing is just under three and a half hours. Will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled, the end of Affordable Housing . A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members, today is mr. Mchenrys birthday. [ applause ] if anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madame chair. Happy birthday. Thank you. I now recognize myself for four minutes to give an Opening Statement. Good morning, today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary steven ma shun, ben carson, and mark calabrio welcome. Let me say up front the Trump Administrations housing reform plan would be a disaster for our housing systems. The Trump Adminis
Test. Test. Test. Test. Jennifer wextomoments if y respond to the questions that you were not allowed to answer when they were asked. You had to be still while, they threw more insults your way, but if you would like to take time to respond now, you have that time. I appreciate that. You know, obviously, the reason i took this job is because i feel that our country is in trouble. And we need to do everything we can to provide the right kinds of opportunities. At hud, for instance, an organization that was largely focused on just getting people into programs, getting people under a roof, and thats not a bad thing, but i really want to maneuver us to a place where were getting people out of programs and to a level of selfsufficiency. We have really aimed at that. And the question that was asked about homelessness, this is a very serious problem and one that i think is solvable in our country. You know, with a place like tokyo, which has more people than new york city, can solve homelessn