Xis impact is not good. The ceo ofak to siemens this morning. 6 00 in london, 9 00 a. M. In dubai. Theres lots of tentacles of risk that will boil through the day. Australia, new zealand, looking at extradition, but i love the story. You have to give attribution when somebody else finds a great story. It is about goldmans. We need to prepare ourselves for the risks that come over the election. They are talking about the year 2000. I was in a different world. Worried aboutmore secondctions thana whack of the coronavirus. It is interesting. You have got jp morgan saying the s p can hit another record. He says investors are mispricing both the virus risks and the election risks. Couldgan says the impact be neutral or positive. Aboutve goldman talking volatility picking up towards the end of the year. They talk more about december rather than november but it is pertinent for us to talk about it today because we have biden laying out his plans in pennsylvania later. That will bring the elec
Chamber they point at americas head and they pull the trigger hoping that they wont blow off the americas head and that they get to keep all the free money this day and they do that every single day and then eventually like in 2008 they blow off americas head and it will happen again and theyll say well you know we were acting in the greater good. Time after time corporations repeat the same mantra sustainability its very important to accelerate transitions to sustainable transport sustainability stay number man a more equitable and sustainable world. They claim their production is completely hamas. Because. Companies want us to feel good about buying their products while the damage is being done far away this is Something Else this does he want any minute i need money. And you mustnt be doing to me man im stunned. Im just. Readings im sal you take a shit all right well well well welcome. Back hawk watchers from the hiatus i hope everybody is safe and sound happy and healthy out there
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
The nasdaq is up more than 1 . We got the exchequers plan to boost u. K. s economy, boosting sterling. There canada, the dollar is actually weaker and looking like the central bank will have to cut a few more times in order to get that deficit under control. A deficit that is by the way , was 30 of gdp before the pandemic. The mexican president is coming to washington to meet with President Trump to talk about the trade relationship with the u. S. And mexico as they face a deep recession. Joining us is our head of isearch joining us Kathryn Rooney vera, head of research and strategy at bulltick. Tell us about how the coronavirus is ravaging the mexican economy and how bad it will get. Kathryn ravaging is a good word. Mexico is facing the brunt of the epidemic. The authorities have really not come up to the task. They were nonbelievers at the beginning, which has caused tremendous suffering. We know that 50 of the tests taken come out positive in mexico, which is a world leader. That sa
Coronavirus in the middle east so why do so many iranians appear to have lost their fear of the virus and is this preparing the ground for a potentially lethal 2nd wave. Grounded by the coronavirus pandemic lufthansas future hangs in the balance the German Government wants to save its flag carrier but not everyone is happy to accept the financial help. As welcome to the program we start with breaking news germany has ordered a district of almost 400000 people back into lockdown amid a widening corona Virus Outbreak this off the germanys Top Health Experts warned that the new cluster of cases had the potential to spread quickly word of the new restrictions came from premier of the north the countrys most populous state north wind was failure the new outbreak is centered on a massive Meat Processing plant 10 as. Near the city of. More than 1500 workers there have tested positive for bias. Russia says Police Deployments will be used to ensure the home quarantines of thousands of tenures e