Economic front. P equities, that is a lie, calculated it. He said after 10 different quarters of gains in the s p was always followed up another 5 to 10 gain in the next quarter. Having off the strong secondquarter boats well is well. R bodes positive quarters could still lie ahead. Romaine referring to pd, one of the many people behind the scenes who keeps this program looking smart and feeling smart. Eaton vance codirector still with us. Thank you for being patient. Talk to me about volatility. We have seen the vix come down from the highs. It is not back down to precovid19 levels, but definitely there is a lot of calm in markets i think would be an encouraging sign. Absolutely. We started the year only looked at the vix, someone called it we began as a teenager and it quickly began to be over 80 over a short time. We are looking at this 30 level, that is good because it bodes well for the sentiment and calmer markets and individual idiosyncratic stories. That being said, i think the
Cant show you my face but im going to tell you must story in 9093 this man was sentenced to death. They get charged with capital murder even though he didnt have the gun didnt pull the trigger didnt intend to kill anybody imagine living in your bathroom for the week with his son of a 23. 00. Confined within 4 gray walls fun its using hard to turn on to help him to leave death row. Max kaiser this is the kaiser report you know it was the best of times it was the worst of times stacey this sounds like the opening lines to a tale of 2 cities by Charles Dickens and he was somebody quite useful and relevant to this age because he was writing during the beginning of the end of the British Empire and also during the explosion of the wrong take class a lot of what he wrote about is the disaster capitalism caused by the ron to class so were in a very similar time to that with this pandemic meeting the over leveraged fake system that we have and the chaos that is causing and just for those of yo
To isolate patients stop the spread and bring it under control but slow down for today be safe because and wash your hands. And thats it for the moment ill be back with more news in the half an hour from now. Kaisers financial Survival Guide today was all about Money Laundering 1st to visit this cash in the 3 different. Oh good this is a good start well we have our 3 banks all set up here maybe something in your something in america something overseas in the Cayman Islands or do we do all these banks are complicit in their tough talk or say we decided to give him a call and say hey im ready to do some serious Money Laundering ok lets see how we did while weve got a nice luxury watch for max and for stacy oh beautiful jewelry how about. Luxury automobile again for max you know what Money Laundering is highly illegal. Much keyser of course. I cant show you my face but im going to teach you must. Charged with capital murder even though he didnt have the gun didnt pull the trigger didnt in
Always been anti democrat and republican and in my neighborhood up there all of a sudden i started seeing nice barkley signs for congress or senate. Barkley barkley. Whos this barkley this Independence Party at the time. And so on. I realized that the majority of the. Great many of them were disgruntled democrats and republicans who feel the systems failing and they want something new. I felt that way also in. The long story shorter. Walk in it so were walking. Crazy but theyre going crazy for me. Good deed leaning over to me and whisper in there didnt have to whisper it was pretty loud he said see the wrong guys running that was the. Thats the wife of my you know it was my hometown was a little embarrassing. But the north completely really did. And i just wonder this would translate into popular and thats where the idea how my hand in thats worth of thought started we had a great big Budget Surplus because the economy in the ninetys was super strong and because of the taxation rate in
Business economics, its two hours 15 minutes. Thank you everybody for joining us this morning over coffee. The opening session of the policy conference, i am the director of the center of the National Independent business. And i am delighted to introduce the vice chair of the white House Counsel of Economic Advisor. Preparing for the session i found that we have a foundational commonality and he is originally from sweden, im originally from minnesota, the land of american. He stopped a bit short of the minnesota border and currently on leave from the university of chicago where he is the professor of Public Policy studies at the University School of Public Policy. In the Freedman Institute program on research and healthcare markets and policies within the Health Economic initiative. Before rising at the university of chicago he served in several positions including his role as Senior Advisor to the head of food and Drug Administration and as a senior Economic Advisor to the head of the