Max kaiser this is the kaiser report you know weve been saying for a long time that the markets dont really exist that theyve been replaced with. Its hard to i mean i want to go into what theyve been replaced with the lets just say that they dont exist anymore how about that and then well go throw to stacey and then shes going to have some color on the stacy womacks here on kaiser report for the past 10 years we have been saying the markets are rigged they are not fair they are creating a cantillon effect they are creating moral hazard they are bailing out the very top you know 0. 01 percent of the population from their bad bets in their bad you know investments and indeed many you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters da
Investments and indeed many is you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters dahlias says Capital Markets are no longer free Central Bank Balance sheets will explode dahlia said that investors should favor stocks and gold over bonds and cash because the latter offer a negative rates of return and Central Banks will print more money see hes watched the show he knows about plucky he knows about what plucky does the Balance Sheet are so it raises saying there you know what weve been saying right so in a market there is a price in a market is supposed to represent something i supposed to represent supply and demand thats kind of what prices are all about and thats what the wealth of nations the book written by. Adam smith adam sm
Good morning, everyone. You may have noticed a spate of new emails over the new year from websites you use informing you they are changing their privacy policies. I like this one. You have the right to ask that we not sell your personal information, company does not sell, in the traditional sense of the word, or rent personal information to third parties for money. We do, however, share your personal information to make this Service Available to you. I really feel there is some pretty big loopholes in that one. We dont sell your information for money. At any rate, the reason you are seeing a lot of these notifications is probably a New California law called the Consumer Privacy act. It was supposed to be the toughest in the country. The bottom line is it gives you the right to Tell Companies not to sell your private data for money or otherwise. Now, companies are still trying to figure out what it all means. Indeed, the attorney general of california is still trying to figure out what
Start with a look at our weather. Drew. Yeah it really is incredible what happened in the sierra. That snowstorm is wrapping up. That blizzard warning is done here locally. We have a couple of isolated showers, one crossing into the east bay, moving through san leandro right now. Another isolated shower in the Santa Cruz Mountains are just on the tail end of our weekend storm in the sierra. The snow is wrapping up, but we are dealing with feet of fresh powder. Thats why crews have had a hard time clearing a lot of this snow. Updated snowfall totals will come this morning, but some areas have close to 90in of new snow out of this storm. Back here at home, its cold out there this morning. Frost advisories are posted. Were starting out in the 30s and in the 40s. Well keep that chance of an isolated shower in this morning into the afternoon. Its all about the cloud cover and those cool temperatures. Only in the 50s. Lets see how the commute is going. Gloria good morning. Good morning slick
President biden wrapping up his trip to Southeast Asia with some historic agreements under his belt were live from washington, breaking down the significance of that visit. Parts of morocco leveled in a massive earthquake thousands are dead, and thousands more left injured. Well bring you the latest updates, ahead and we take you inside a moment of healing for another Community Devastated by tragedy. Just a month after the deadly maui wildfires, more than a thousand people gather at the kalama beach state park. It is monday morning early today starts right now good morning. Im jessica layton. Glad youre with us im Frances Rivera we begin our week in remembrance of the lives lost 22 years ago, september 11th, a day america will never forget. This morning especially. All of us here at early today are thinking of those americans who will never return home and well bring you more in todays 9 11 commemoration in a little bit here on early today. And now to this mornings other top stories, i