Direction so you have timeshare and this is what a lot of people get confused about when they are deep in a deep state of meditation they have a glimpse into the meadow a physical truth of the fact that nothing is meaningful in any way at all cancels that everything cancels each other out and everything is at 0 and that to get to a place of universal consciousness we are all now heading to 0 and then we need to go negative to be equitable with that pal universe thats what negative Interest Rates are all about thats what negative oil prices are all about thats what bitcoin is all about because the difficulty adjustment every 2 weeks that keeps the protocol alive. Is chasing down a rabbit hole of infinite negativity infinite negative numbers is constantly getting infinitely smaller as it approaches that Event Horizon so lets continue with this story from antarctica and how in my apply to our financial world as max and i see it here on the herbert report because what theyre what theyve ob
Helping the rioters . All that and so much more on making money. Charles another session, folks, market resolve amid a resolving day with covid19 lockdown stocks. Theyre actually losing ground. These are the real hot stocks that have been a big, this old school names, Energy Industrial names, theyre leading the way. This as the market continues to telegraph a economic recovery to be quite frank nobody on wall street sees yet. Each day the data becomes more clear. Things are getting better, including todays auto sales data. The big question whether the tock market, or wall street gurus, which one of the groups is is right . Lets bring in two of the best to see what they think about the market. Alicia levine and belpointe Market Strategist david nelson. David, well start with you. Were seeing all kinds of pretty good data, manufacturing data, surge in travel apps, auto data looking very good. Obviously helping the bull case. Is it enough inn your mind to help how strong the rally has bee
Loneliness, isolation could be more widespread and a bigger problem. Kennedy is here to give us her take. All that and so much more on making money. Charles stocks at session highs. Well the week is off to a monster start. It began overnight with jay powell saying that the fed has no limits in his 60 minutes interview about the economy, economies around the world doing well, opening up, including italy which i think is very symbolic. Not only stocks on the move. There has been major breakout in the price of crude oil. Then came that real positive news. We know that hundreds of companies are racing for a covid vaccine. While moderna says its initial results from a phase one trial have been very good. In fact they said the vaccine candidate, quote, has the potential to prevent covid19. The market has erased all last weeks losses. The question, what should you be doing . I want to bring in jeff saut and gibbs welt management president and cio, erin gibbs. Erin, let me start with you. This
Top of strong rally yesterday. The dow industrials having biggest oneday point gain ever, 11 and a third percent. S p up 9 , 209 points higher yesterday. President trump says he wants the country opened up and raring to go by easter. The white house quarantine for those People Living new york which has more than half of all cases in the United States right now. The private sector stepping up against its fight. 3m chairman and ceo with teaming up with ford and General Electric to make respirators and ventilators. India on lockdown. 1. 3 billion people ordered to stay home. Mornings with maria live right now. We want to check Global Markets this morning. In Europe Senate agreement of stimulus plan leading to green across the board. Check up the markets, s p up and overnight similar story, finishing strong, take a look at the asian markets. Best performer in japan, kospi in korea up almost 6 . Oil prices this morning on upswing extending gains a third section in a row. Twentyeight cents a
Parts here today. Some are literal. The princess cruise ship is one. Theyre watching throughout the day as it makes its way to the port of oakland. It is supposed to dock around 3 00 this afternoon. Well talk about that, oil off the bat with our buddy phil flynn out in chicago, price futures group, senior strategist at cme. We talked about it last week, phil. You and i were going back and forth about russia and saudi arabia. Now we have the true price war breaking out that has consequences in places like texas and north dakota. Take us through what youre thinking about today . What im thinking about is were learning today, not always is a low price for oil good for everything. There is concerns for banks, oil producers, the general overall market. Having said that, there is some hope, you know, right now with the talks of stimulus. Maybe we can pull off the lows right now. There are old saying in the business low prices cure low prices but this breakup of opec and russia, this opec plu