Have created a more cautious consumer billionaire tilman will tell us what that means for his business power lunch starts rite now. Wall street starting to trade like a tech stock hitting a record as it gets set to launch its competitor and gears up for a deal to by tiktok zoom up after 40 . Invest rs continue to pile into these momentum names more on the markets and high its hard out there, send it over to bob. Yesterday he sort of threw in the town he said theres no precedent to how high valuations can go with low rates and unlimited q e. John also wu drew his price target these are veterans having a hard time to figure out how to put unlimbed fed support recessions would happen when the fed withdrew the support what does it mean . One of the thing s the bare arguments dont have much traction now the fed will keep stimulating and the Global Economy is slowly pivoting higher and the earnings are too conservative this happened in the Second Quarter and they are saying it again. For 202
Get started now. Folks are still arriving which is fine. But we want to get started because weve got a fantastic program for you and not a lot of time. This hour is going to flyby. Toms book is really a fantastic read. But i do think that folks especially in the United States are going to find the book controversial. Thats a great thing about a book. If the book doesnt generate a conversation then it may not be worth reading. This is a glass halffull story about chinas economy in the management of the Financial System. Its offered at a time when u. S. China relations are declining. And attacks from all different corners in the United States of china system are growing. And theres this argument that chinas economy, how it manages that economy, is incompatible with the international system. And as a result the u. S. And others need to reduce their exposure to chinas unique risk. The book tries to answer the question, how did china japan should do it . How did they manage to continue to g
Senator harris what stop oakland . [cheering] kamala]ting senator harris ok. [laughs] oh, my goodness. My goodness. Thank you, thank you, thank you. Thank you. Thank you. Thank you, thank you, thank you. My heart is full right now. Thank you, everyone. Let me start. I want to thank libby, the great mayor of the city of oakland. For that incredible introduction and our longstanding friends. Our mothers were friends together in oakland. And i cannot thank you enough for your leadership and your friendship. So here we are. Here we are. Here we are. Let me tell you. Be a daughterto of oakland california. And as most of you know, i was born just up the road at kaiser hospital. And it was just a few miles away that my parents first met as graduate students at uc berkeley. Where they were active in the civil rights movement. And they were born half a world away from each other. My father came from jamaica. Studied economics. My mother came from india to study the science of fighting disease.
The world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. Global debt source as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months of the year well most of the industrialized world has delivered on its 2nd quarter g. D. P. Numbers and the worst performer was Boris Johnsons britain its economy contracted more than a 5th after failing to lock down early enough the country also has the most deaths in europe. While the Unemployment Rate has yet to reflect the severity of the economic crisis its only a matter of time when furlough schemes across europe come to an end in the United States more than 20000000. 00 pe
This is counting the cost on aljazeera you look at the world of business and economics this week in the Global Economy stocks so whats a record highs despite the coronavirus pandemic billionaires become richer but the poor get poorer is it time to finally confront capitalism. Remaking china and the world in president cheese image is the middle kingdom looking inwards as the chill of a new cold war threatens the factory of the world. Global debt source as government spend spend spend on the world cope with even more debt. Well no nation has been spared from the coronavirus pandemic with 22000000 cases and almost 800000 deaths the Health Crisis is far from over a secondary spikes flare up we may have seen some of the worst economic costs but most pain could be lurking as we head into the final few months of the year well most of the industrialized world has delivered on its 2nd quarter g. D. P. Numbers and the worst performer was Boris Johnsons britain its economy contracted more than a