The richest countries and we live in a post scarcity world where we throw out 40 percent of all the food how was it possible you have 40 percent goes in the trash you thought it was just your aunts casserole but no its millions of tons of food a lot of it never even gets to your plate its thrown out by the manufacturers because it doesnt shall or the meaningless expiration dates have gone by or the veggies are too ugly thats right we throw out time use of. Ugly bags its nice out ok ugly babies are going to understand what it is theres nothing wrong with an ugly baldness potato just ask ted cruzs face. So how did we get here how do we have people going hungry while we throw out 40 percent of all the food and some people are raking in billions of dollars its because our Economic System meaning capitalism is garbage no literally 40 percent of it is literal garbage just like its a select few sociopaths at the top pushing this horrible system its also a select few corporations that are the
It possible that 40 percent goes in the trash you thought it was just your aunts casserole but no its millions of tons of food a lot of it never even gets to your plate its thrown out by the manufacturers because it doesnt shall or the meaningless expiration dates have gone by or the veggies are too ugly thats right we throw out time use of. Ugly bags yes i said ok im good babies are going to understand what it is theres nothing wrong with an ugly baldness potato just ask ted cruzs face. So how did we get here how do we have people going hungry while we throw out 40 percent of all the food and some people are raking in billions of dollars its because our Economic System meaning capitalism is garbage you know literally 40 percent of it is literal garbage just like its a select few sociopaths at the top pushing this horrible system its also a select few corporations that are the worst the initiative of policy studies says driving this exploding inequality are 12 Companies Whose profits a
A hectic month. There is a lot of uncertainty with regard to the world in general. Jonathan jim b juncker joining us now. What a week in this market. The equity market breaking down by a little more than one and a half percent on the s p 500 but it is the absence of the bid in the bond market hitting the attention of you and i and everyone else. We are selling off, not driving yields lower. Yields are higher by four basis points. What is the signal you take away from that . Jim a worrisome signal. You are right, the fed is doing qe, buying 120 billion dollars of bonds a month, the stock market flirting with a 10 correction. That has all the hallmarks of a classic risk off rally, that bond yields should be falling as treasuries catch a bid as everyone rushes into safety. None of that is happening. The take away the market is still worried about uncertainty over next weeks election, uncertainty about the rising coronavirus, and potential or more fiscal stimulus and or inflation. All of t
Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at 4. 5 billion. Westpac has results out this morning. Later this week we get results upm alibaba which ticked single day sales early on sunday. The ipo is a big event we are watching this week. We are expecting a big pop here on thursday given the massive appetite we have seen for the offering. Friday had the biggest drop since june. Of a private survey of chinese manufacturing data. To focus more on the u. N. , lets pull up on the chart on the terminal
Ali. The session high was 3088, we lost a fair amount of ground from the first high this morning, the 200 day moving around is 3013 that got violated briefly and we will see if this hospitals. Yeah, and the stocks, we will see if it holds. Bob, good morning, good to see you. Thank you, happy friday happy friday, now you said that to you, yesterdays decline was no surprise. What about todays pop which is quickly fading now what does that tell you about what investor strategy should be i think when you i did klein the amount that we did yesterday, and have some sort of bans, that is not out of the ordinary at all. Im a little surprised it is not Holding Better we were very over bought as i heard in the last interview and i agree we had speculation cream in it felt like because the market was a v bottom that the market was off and running and it is off of the bottom but it will not be a straight line, it will be bumpy im more concerned about the election than the last interview. China, yo