A made to long term consequences to healthy economy. You know, education, hard children, etc. But there is one i think, you know, small improvement is that a like last spring when i governments around the world where essentially coffee coping each others approach with very little regard for local specifics. I do think that we see a bit more differentiation now out at least among national policies, but at the general logically, the response is still based on trying this to slow it to having to slow down. Depend on it. Do you think that premise in and of itself is the correct one . Its reasonable to try to slow down the pound demick. Its how much damage, except in the close says, in this sense, all ups in the cone of thought i was switzerland for example, constant close down. They try to keep things as open as possible and that in switzerland, the virus cases have peaked and now turning downwards. Youre seeing the natural fluctuations of a win to the spirits revivalists. And its a big qu
President Trump Leaves Office in january. The Us Senate Passes an act that could see huge fines or even jail for those involved in sports big, but the World Antidoping Agency warns it excludes American Sports while allowing International Prosecutions to go ahead and avoidable hostilities. Russian president Vladimir Putin says the bloodshed between armenia and azerbaijan could have been halted weeks ago before the conflict in the go. In the car obama had reached the breaking point. I managed to convince president live that it was possible to stop the hostilities. But he said bigotry condition was the return of refugees, including to sue, show the known expectedly for me. The position of romanian partners was formulated in such a way that it was on acceptable food. Lozier News Headlines for this hour in just about an hour. My colleague, niki, aron will be taking over and on behalf of the r. T. E. International team. Thanks for watching. And we hope you have a great day timex kaiser. When
Expected treasury secretary nominee janet yellen. Americans expectations for the future even grimmer. With no fresh round of stimulus and covid cases surging, many people are not feeling so optimistic as we head into the holidays. One Positive Side of the economy is housing. Joe it was one of the early strong parts of the economy this summer and continues to show incredible momentum. The speed of Housing Price growth through multiple measures. Month over month, i think that is the fastest pace of home price growth ever. Sincet sequential growth 2013. I dont even know if that is a good thing. If you own a home, i guess that is good. If you are looking to buy a home, not great. Caroline there is always the haves and havenots in any story. Consumer confidence, we know that the u. S. Economy is determined by the strength of our desire to spend here. Consumer confidence was not looking so pretty. We had dana talking about the worry that there is in peoples minds, that they do not see the ma
Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have more s p 500 components that are up on the year than down on the year for the First Time Since march i think alphabet is the most recent performer but the faangs are not part of this the whole narrative out of the window that this is index fund money and only microsoft driving this is gone now you have a broadbased rally, not based on nonsense, companies have rising earnings expectations, almost every sector weve even got performance at companies that six months ago you could have made a case to
I am max kaiser. This is the kaiser report. Wow. So much to get to, lets get to it with the states. Well, max, you know the last episode we were mocking ray dahlia. Oh, hes the, i guess he looks over the Biggest Hedge Fund in the world, bridgewater associates, connecticut, and he was just saying, big queen. Well, now they have financed ray dahlia says he might be missing something about bitcoin. This is the learning curve of bitcoin. People dismiss it and then they notice the people around them getting rich, like in this case, Paul Tudor Jones, whos also in connecticut stand, druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at, because like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crum