A democracy like the United States theres only one military strategy that you have and thats to bomb a no democracy can field an army to occupy you can have a few people there but you cant really occupy there are no Ground Troops if there were any attempt to really occupy a country youd have Something Like the vietnam war protests in the country would go against that so no american wants to go to war they want to drop bombs and they want to bomb the civilian centers to make the civilians so angry the fellow overthrow the government so you cant really say that its a humanitarian war this is the kind of orwellian rhetoric you have so you have a democracy that can only be. And there are all sorts of and so eerie results of that the people dont discuss i found out in the 1950 s. 1960 s. 1970 s. The entire u. S. Balance of payments deficit was military the private sector. Of america just exactly in balance the entire deficit is military so the question is how can america arrange a World Mon
Now, latest numbers. The house is preparing to vote on multiple dollar package. What you need to know coming up. The nba suspending season, suspending season until further notice. March madness to be played without fans. Selloff extending across the globe. European markets deep in the red followed by travel announcement by President Trump. 1. 7 . Cac quarante down 258 and dax in germany lower by 588. Almost 6 . Italy tightening lockdown even further allowing Grocery Stores and pharmacies to stay open. The European Central bank out with latest Rate Decision this morning. We will have that for you as soon as it hits the tape. Investors are looking for news of stimulus to battle the Economic Impact of coronavirus. In asia red across the board. The shanghai composite down 1 and a half percent but japan worst performer down 4 and a half percent. Lets check Interest Rates right now. We are talking about a decline of 15 and a half basis points on the 10year yield now sitting at. 718 . This, t
Halftime report starts right now. Welcome. Its good to have you with us on our wednesday. Jim lebenthal, Pete Najarian and from naples, florida, lizann sonders. Highs of the day, approaching big numbers, dow 30,000, nasdaq 10k, not that far away and cooperman weighing in on the state of stocks, telling us its not time to worry, yet. I would say were in the early stages of knocking on the door of euphoria but not quite euphoria certain parts of the market, like tesla, are in euphoria. Other parts, like energy, are in pessimism. These big numbers not all that far away, pete. All good, the market depends on what were focusing on. Are we focused on the coronavirus . If so, we go down. Generally were focused on earnings and we go higher. Thats where the market has been trading. Yesterday was interesting because apples with a little bit of both, right you look at apple. It was getting pushed down because of their guidance about what they were facing right now, what they were seeing Going For
Streets the larger corporations are not very interested in proving or disproving the value of their food because theyre already making it a 1000000000. 00 on it and theres no reason to do that research. Welcome to front running 2025 max ties are where Stacy Herbert edwards taking a forensic deep dive into all the candidates and their positions stacey i think today were going to take a close look at what we call antiwar yes because we actually had a candidate in these democratic primaries who is antiwar this is one of the really radical positions in u. S. Politics because usually we always have a prowar canaday and you actually have to show your credentials constantly about how prowar you are remember Hillary Clinton was her famous line was we came we saw he died ha ha ha ha ha ha cackle cackle cackle and that was referring to khadafi and libya and joining us to talk about anti war is James Howard Kunstler and dr Michael Hudson you were the author of super imperialism so you know about
Meaning less demand for oil. Meanwhile similar story in bond market, yield on 10year treasury below 4 tenths of a percent overnight. Now we are staying right under and it is down 28 basis points. Again, another indication of a recession at hand. The 30year following 1 for the first time in history. The 30year bond, the yield there at. 883 . Thats down 40 basis points this morning. Global markets reacting to all of this this morning in the stock market. Deep selloff in europe. The cac quarante down 335 points. That is 6 and a half percent and dax index in germany lower by 672. Overnight in asia across the board. Chinese experts tumbled in the month of january, more signs of trouble in japan as well. First quarter gdp lower in japan showing the economy contracted 7. 1 from the previous quarter. Thats a sharp contraction in japan. This on top of the Coronavirus Crisis, cases in the United States and abroad are growing. The white house looking into emergency measures. Overseas italy report