The s p 500 is on pace for its best year since 2013 so investors seem to be on the sidelines. Where we have a bigger move is the bloomberg commodity index. The longest such winning streak since 2005. Natural gas up nearly 7 on the day. Of 2016,since october the frigid weather here in the northeast one of the drivers plus tight inventories for natural gas. Copper also higher for a 16th day in a row. Behind that, Strong Demand out of china, this helping some of the related stocks. Some real strength here for the bloomberg commodity index. Where we are seeing less strength, bitcoin. A very volatile ride, recently. The 7. 5 , taking some of related stock in companies down with it. And companies down with it. Time will tell but if we take a look at the technicals on bitcoin and hop into the bloomberg, this is a sixmonth chart and we have bitcoin, an extraordinary ride higher despite recent volatility. See in the recent volatility, the congestion. If the buyers proved to be stronger, it mean
Lets get you up to speed on these markets. European stocks. The dollar has dipped. It has transferred to a mild complexion of a dying day this thursday morning in europe. European equity markets are the lead protagonists. Pessimist guide on bloomberg for 2018 is about technology, facebook and disinformation. You can still make money as bitcoin drops. The bloomberg dollar index down. The bloomberg dollar index is looking at a fairly tortured year. Do you buy that story that it is all about adjustments . Im not so sure. Yields drop. Were down to a threeweek low. You are looking at the bloomberg dollar index. The worst year since we started collecting data in 2004. Copper is rising to a fairly big level. Fouryear high. China has halted production. We know that. Youre looking at the eighth straight quarter of gains. You could see copper trade up to 10,000. U. B. S. A little more sedate. The swriss known for their sedate approach. It has outperformed pretty much every other commodity this y
Only one day to go before the birthday because i just think about that in my ears and went from absolutely unknown piece of software to world shaking wall street transforming society. And. A low in welcome across talk were all things are considered im Peter Lavelle bitcoin for some its the perfect marriage of technology and finance for others its a get rich. Game though no one can deny its market value is soaring and becoming an attractive alternative to the current Global Banking system is bitcoin revolutionizing the world. Across talking bitcoin im joined by my guest mitch firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we cross the character hileman he is a Research Fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you f
Revolutionizing the world. Across talking bitcoin im joined by my guest firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we cross the Garrick Hileman he is a Research Fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it gary let me go to you first in cambridge explain what is going on with bitcoin i mean im of the age and i used to work in finance i can remember the dot com bubble and then its melt down here not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. Right i think i think a little bit of both to be honest and certainly weve seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two
A reality will someone from his depleted in food starved regime please inform him that i too have a nuclear bomb but its a much bigger and more powerful woman his and my but more work i hope personally such rather rick by the side of the p. R. K. By its Supreme Leader or by the United States through its President Donald Trump will calm down the world does not need such jingoism or war rhetorics right now the situation is in a stalemate. He has gained a time to develop the super weapon in the more and more sophisticated way and United States has not yet reached the point of. Deciding to use military means to solve the problem but i dont think everything has been exhausted to his student need to try their best even though all the likelihood of a diplomatic solution is becoming remote and that remote. Well in a slightly more positive Development Kim jong un has reopened a Cross Border Communications link with south korea and whats being seen as a significant diplomatic breakthrough howeve