A war torn country with sectarian ism is wrong its just nonsense you cant do it you know if these people they are yet until proven we can thank you michel and eventually all of innovation i would love to but im afraid thats all we have time for thank you to both of my guests independent journalist and keith best former chief executive of the Immigration Advisory Service thank you both. And if you have any thoughts on this story or anything else than do get in touch by following us on social media and media comments that were back in 30 minutes say that. Max kaiser here with cassar port hey you know before george zorros became vilified as a globalist and market manipulator and election writer he wrote a lot of interesting books and of course. Jim rogers of the quantum fund which was one of the best performing as funds ever kind of invented the modern hedge fund and hes got a lot of things to say if you look at his old work and were going to get into a Stacy Herbert were going to talk ab
What you observe might not know youve influenced their behavior so you can actually observe their behavior with economics how george soros explained reflexivity reflexivity refers to the self reinforcing in effect of Market Sentiment whereby rising prices attract buyers whose actions drive Prices Higher until the process becomes unsustainable george soros saw all this fact as incompatible with equilibrium theory and well get into that in a bit but i know you study because when i 1st met you 17 years ago you were talking about this you were talking about george soros and reflexivity can describe it as smoking your own belly button lint you describe that you are being reinforced in your beliefs by the manifestation of your actions to take further actions which then give you more to believe in human minsky call this a mens game moment where you know stocks are high because stocks are high you know people are buying stocks because theyre high. And theyre high when theyre buying stocks that
Lauren welcome to fbn a. M. Our first show of 2020. Good morning to you at home. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets the take a look at how your money is moving this morning. Kicking off the new year in grand fashion, dow up 163, nasdaq up 63 this morning. Cheryl stocks in a asia finishing the first trade day of 2020, a mixed picture. The shanghai and hang seng is up slightly. The coughlauren the optimism g through to europe. European stocks, green arrows. The best performer, the cac is up one and a third percent. Cheryl we begin with a fox business alert. More american soldiers are being deployed to the middle east as the iranian backed siege of the u. S. Embassy in baghdad has ended. Lauren democrats are slamming President Trumps Foreign Policy over the attack. We have doug luzader in washington with more. Doug, good morning. Reporter the worst of the violence at the u. S. Embassy in baghdad may be over for now, but the operations, public operation
The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Loving god, we give you thanks for giving us another day. As the members of the peoples house begin the day, grant them an abundance of your grace. May they be filled with the spirit of wisdom, patience, and good will toward one another and the issues to be addressed this day. Bless them, o god, and be with them and with us all this day and every day to come. An may all that is done be for your greater honor and glory. Amen. The speaker thank you. The chair has examined the journal of the last days proceedings and announces to he house her approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. The pledge of allegiance will be led by the gentlewoman from illinois, ms. Kelly. Ms. Kelly i pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty an
Anthony zurcher in washington will explain. And well be getting more on the impact of brexit on the uk economy. Thats all coming up on outside source. Yesterday, the uk delivered new proposals for a brexit deal. Today were getting the eus reaction. First up, European Council president , donald tusk. The core obstacle to a brexit deal is this how can the uk leave the eus Single Market and Customs Union and avoid there being any checks on or close to the border between the republic of ireland and Northern Ireland . The current agreement that the Uk Parliament rejected repeatedly, includes the irish border backstop. It says that after brexit, the uk remains aligned to the eus Customs Union until a new trade deal is signed. But borisjohnson and many brexiteers want that gone these new plans are their alternative. The Brexit Steering Group at the European Parliament says. Heres its chair, guy verhofstadt. Well, we are very sceptical about this proposal. Because mainly, it is a repackaging o