A demand side problem the demand is coming from speculative speculative type demand so theres lots of demand from households to get mortgages to buy houses house prices keep going on as demand from investors to buy Financial Assets but there isnt enough them on from businesses to invest in innovation in Capital Investment paying pacing i wages is a group think they think that entrepreneurs Small Businesses big corporations they will be investing thinking its all about the private sector and theyll do it yeah i think it is about to do that i think the theory of quantitative easing is basically that if the Central Bank Buys up the safe assets the government bonds some of their Corporate Bonds that are held by Institutional Investors those Institutional Investors will then bible and sort in risky of bones from the real economy from medium sized and those firms will then use that money to invest in Capital Investment productive activity in reality. Well there isnt enough demand in the econ
Walk across the border and you get health care. If youre born here, maybe not. My conclusion this friday morning is that the democrats are badly divided and are now led by unelectable socialists. Why dont we get to the market. Its going up again this morning, triple digit gain maybe for the dow, pretty close to it. Modest gain for the s p and the nasdaq as well. The dow, pretty close to alltime highs. The president meets chinas leader tomorrow. Huge stakes for both sides. The market seems to be saying because its going up that there will at least be a smile and a handshake. Well see. Wait until you see the mayor of new york city praise che guevarra. What will apple do without the designer of the iphone . Varney company is about to begin. It will be a very exciting day, im sure, for a lot of people, including the world. It will be an exciting day. A lot of people are talking about it. Its very interesting. Its going to come out hopefully well for both countries and ultimately it will wo
Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good news again. Likely be dialing back the promise of a cut or it will be the cut itself youre coming from a much lower base than historical levels but it was good news that we got i think the commentary yesterday was exactly what was needed.
To the west coast, where the earth continues to shake in Southern California. We pose this question. This is the precursor to the big one we have all been warned about . Varney company starts right now. Looking, cutting, shooting, scores ashley that was a beautiful goal. The u. S. Winning 2nil, celebrating their fourth world cup victory. By the way, aoc tweeting this. At this point, we shouldnt even be asking for equal pay for the United States Womens National team. We should demand they be paid at least twice as much. There you go. Here is President Trump on the victory. Were [ inaudible ]. We have to see whos taking in what. I dont know what those numbers are. I would like to see that. But again, you have to look at the great stars of the mens soccer, the great stars of the womens soccer. Ashley that is a question, equal pay, lets face it, the womens team so much more successful than the mens team. Do they bring in the money . Susan well, i mean, if you think about it, theyre number
Im off to is randy re inspect, killed 8 people and the red cross describes through dawn is conflict as a precaution crisis. As millions remain displaced and on the verge of funding, well have the latest on the ground. The us secretary of state on same thing can says gaps and narrowing and going to assist find negotiations. Thinking has been using officials in egypt on what is now his 6th visit to them, at least since october 7th by clement the United States has also submitted a draft resolution to video and Security Council and recognizes the need for an immediate cease fire and gaza thinking says adults with ad Foreign Ministers in florida alignment theres a clear consensus around a number of shared priorities. First, the need for an immediate sustained cease fire with a release of hostages. That would create space to search more humanitarian assistance, to relieve the suffering of many people and to build something more enduring. Weve been working as you know, with egypt with cutter