Hi im max kaiser this is a kaiser report you know things are not what they seem. To say. Well max youve often talked about the me mcconnel me and the you know the economy getting ever lighter and lighter there are more and more intangibles and this is shown in this chart 84 percent of the s. And p. 500. 00 assets are now intend to fools this is a chart of the corporate Balance Sheets are more knowledge driven s. And p. 500. 00 Company Assets in trillions of dollars and as you see the tangible part of companies they just increase slowly since 975 when 17 percent of a companys assets were intangible back in 1075 and now its 84 Percent Companies used to make stuff and they had the value terms of the factories and their employees and their trade deals etc but now we have a situation as the chart shows 84 percent of the value intangibles or the Knowledge Based on knowledge so take a look at tesla for example they must has knowledge about how to go on joe rogan and promote his means he has k
Joined victims families at the 911 memorial in new york city. In shanksville pennsylvania where one of the hijacked planes crashed. Hundreds of refugees on the greek island of lesbos have staged a protest demanding to leave this follows a massive fire and choose day that destroyed the morea migrant camp leaving more than 12000 people homeless the greek government has been scrambling to build new accommodation. This is from berlin follow us on twitter and instagram. Or visit our website. Thousands of people being held in greece is squalid morea migrant camp and now find that desperate situation is even worse after fires destroyed the camp this week those fires have also rig night at the debate that has plagued a you for 5 years what to do about them and the thousands of migrants being held elsewhere and the others who are still risking their lives to come to europe im phil gale in berlin and this is the day. To call the shots on how you look at me without immigration was. Done conquered
This morning i got a call from the cleaning and i am an ideal candidate here. Theres not much in there looks like a couple of drops im ready. Those are main stories here in our international you can read more of our. Report is straight ahead on. National and in the u. K. And ireland it is with us. So i said. Well max youve often talked about the me mcconnell me and the you know the economy getting ever lighter and lighter there are more and more intangibles and this is shown in this chart 84 percent of the s. And p. 500. 00 assets are now intention this is a chart of the corporate Balance Sheets are more knowledge driven s. And p. 500. 00 Company Assets in trillions of dollars and as you see the tangible part of companies they just increase slowly since 1075 when 17 percent of a companys assets were intangible back in 1075 and now its 84 Percent Companies used to make stuff and they had value terms of the factories and their employees and their trade deals etc but now we have a situati
Kick it off with gerri willis. What a week and what a day, this is been a rotation out of tech stocks, it is getting slammed all week long, no different today, as weve been talking about today, the dow is up for the week but the s p and nasdaq not so much, both of the index down for the week, the dow, s p were on pace to snap a two week losing streak but the dow managed to fight back a little bit, as we close were seen something just a little bit different, all three major indexes down as we can see right here, as we move on, the big focus on apple today, it was on pace to enter a bear market and it did exactly that, take a look apple shares, apple below 10734 cents, it did indeed do that losing 536 billion in market value, yes with a b since its record closing high on septembea rotation out of what you would call the big tech names, we talk so much on the network, apple, google, netflix, you name it, microsoft, all the stocks are heavy pressures, as investors sold and moved into new s
Used to make stuff and they had value terms of the factories and their employees and their trade deals etc but now we have a situation that chart shows 84 percent of the value intangibles or the Knowledge Based on knowledge so take a look at tesla for example they must has knowledge about how to go on joe rogan and promote his means he has knowledge about creating means he has knowledge about branding he has knowledge about interesting engineering ideas but the actual book value of the company itself is nowhere near the hundreds of billions of dollars we see in the stock market thats true across the board for every Single Company really in the s. And p. 500. 00 they make their cash flow on the ability to game the system and to exert arbitrage spliffs on the data thats being rolled on the various cash tasks of different banks and like you have on lost so eloquently demonstrated on the joe rogan show so this is interesting use the Word Knowledge because you think about knowledge any thin