A remarkable quote from last time and it has so much to do with todays stock market volatility and the coronavirus all working at the same time and showing what compound interest is all about or what exponential. Algorithmic expediency is up yet stacey whats up max were thinking exponentially in this episode a kaiser report during the exponential spread of the pandemic coronavirus were looking at the 2nd half of the chessboard as it is called and i want might want to add that today is my birthday so turning one year older in the midst of exponential pandemic which is hitting the mortality rates go exponential as you get older is not fun to turn a year older in the middle of a pandemic but before we get into the exponential growth of the pandemic lets look at the results of the exponential growth in debt over the past few decades chis report of course has been reporting on this non stop for the past 10 years and i want to look at these 2 charge is the 30 year treasury and the price of o
The board of governors of the Federal Reserve system and doctor christopher, the member of the board of governors in the Federal Reserve system. Welcome and congratulations to each of you for your nominations. I see friends and family in the room today and i welcome them as well. Were fortunate to have these two highly qualified nominees appearing today. These positions are critical to ensuring a safe, sound and vibrant Financial System in the healthy growing economy. The Federal Reserve was created by congress as the nations central bank to promote a stable economy and a safer more flexible Financial System. Among the Federal Reserve responsibility is conducting the nation Monetary Policy with the mandated promoting maximum employment, and moderate longterm Interest Rate. In addition to its Monetary Policy that oversees a significant portion of the sector including large, regional and Community Banks as well as certain nonbanks. It aims to foster a safe and efficient payment and settl
This is the story of a world whose borders and territories were drawn by the slave trade where violence subjugation and profit imposed their own roots slavery did not begin in the cotton fields of the us is a far more ancient tragedy that has been going on since the dawn of humanity from the 8th century onwards for over 1000 years africa was the epicenter of a global form of Human Trafficking the amount i would. My parents were abused by those with a fair complection or. Songhai for lani. To pull. Over 20000000 africans were deported traded and reduced to slavery this criminal system shaped our history and our world so expansive was its reach that for a long time it seemed impossible to fully explain its mechanisms. In this series we will journey back along the roots of the slave trade. The thing about the slave trade a key thing about the slave trade and i always would have to explain a store American Students who really would want to put it into a kind of an ethical human rights kind
D. W. Made for mines. This is the story of a world whose borders and territories were drawn by the slave trade where violence subjugation and profit imposed their own roots slavery did not begin in the cotton fields of the u. S. It is a far more ancient tragedy that has been going on since the dawn of humanity from the 8th century onwards for over 1000 years africa was the epicenter of a global form of human trafficking. My parents were abused by those with a threat complection. Songhai for lani. Bantu iqbal. Over 20000000 africans were deported traded and reduced to slavery this criminal system shaped our history and our world so expansive was its reach that for a long time it seemed impossible to fully explain its mechanisms. In this series we will journey back along the roots of the slave trade. The thing about the slave trade to a key thing about the slave trade and i always would have to explain a store merican students who immediately would want to put it into a kind of an ethica
We will look at the reports across the Global Supply chain. Hsbc puts 35,000 jobs on the chopping block. We will find out what the bank is doing to graphs to grapple with the outbreak. Today, you had a drop in the major averages like the s p 500. The chipmakers getting hit the hardest. This is an art this is after apple of course said they would miss quarterly revenue numbers. Means is a flight to quality, you are now down about 23 basis points or so, very curious. Where they think value is for the 10 year. As around day 180 or so. Yield on the long end, that threemonth 10 year now inverted. The most inverted we have seen it since the beginning of the month. A fairlyis going to be busy day in this part of the world. His hollande new zealand trading already. Futures looking flat in australia as well. Metals, one of the big iron ore minors is reporting earnings. Also crown casino. Gold is priced in gold priced in australian dollars is a record. Currencies, the u. S. Dollar performing fai