You have the u. K. Election. On the back of the most recent polls, still can say still saying the conservatives have a Comfortable Lead over the conservatives over the labour partys. Ecb and its new president meet on thursday. This is the stock we are watching out for down 61 . The chief executive quits and they canceled the dividend. Coming up, we will discuss the report on septembers repo prices. Up at 9 30 a. M. London time. This get to bloomberg first word news. Viviana yesterday hundreds of thousands of people joining hong kongs biggest demonstration in months. Popular unrest will continue. Organizers say 800,000 people marched through the city. Police putting the number at 180,000. The rally was the first promoted by the civil human rights front. The mayhem in the u. S. Repo market in september was not just a temporary hiccup. Ended in part up because the u. S. Banks now hold more of their liquid assets then treasuries. This is relative. The bif warning this problem reduces their
A negative value for time makes no sense and last time which is a human construct was going to in less humans so go back look at that episode just search on you tube kaiser for s. C. B. Agee to find that because it was an interesting thought provoking episode in 2019 so last year at this time of course the markets were tumbling and everything was kind of chaos and everybody thought its all over and the fed stepped in so that was the end of another thing weve always been talking about and that was that you cant taper a ponzi and the fed stepped in and theyve been intervening more more all year long it started with them just stopping raising rates member they ended the year John Williams at the fed had said that they were going to he only saw like one or 2 more Interest Rate rises and 2019 of course they couldnt do that and theyve been cutting rates and theyve been intervening in the repo markets heres a tweet 2019 was the opposite of 28. Team a global rally lifted only every boat long s
Where in argentina were going to be heading to Rio De Janeiro those will be our next episodes from there as you see were in the Southern Hemisphere where we all it took us decades of my life to learn that its warm down here during the cold christmas up north so from now on i am going to be where its warm christmas much better than that cold sand its nice and warm down here so were going to look back at 2019 and you know what were the big themes of what we got right what we got wrong we didnt get anything wrong so. We definitely got right heading down to the Southern Hemisphere for christmas but the big themes ive been weve been looking at over the past few over the past decade it was this a few decades it feels like weve been doing this show for decades but its just spent 10 years this autumn we got right lobel is a sion and d. Dollars a show and those are the 2 big themes and they are really really really reaching across the headlines around the world and its undeniable to anybody now
So last year at this time of course the markets were tumbling and everything was kind of chaos and everybody thought its all over and the fed stepped in so that was the end of another thing weve always been talking about and that was that you cant taper a ponzi and the fed stepped in and theyve been intervening more more all year long it started with them just stopping raising rates member they ended the year John Williams at the fed had said that they were going to he only saw like one or 2 more Interest Rate rises and 2019 of course they couldnt do that and theyve been cutting rates and theyve been intervening in the repo markets heres a tweet 2019 was the opposite of 2018 a global rally lifted every boat long strategies made money through most of the year stocks bonds and commodities had positive returns only in Industrial Metals and 0 song game of spot currencies did major assets post. Last. Cant taper a ponzi scheme thing and the fed stepping in to flood the market with cash to ke
Where in argentina were going to be heading to Rio De Janeiro those will be our next episodes from there as you see were in the Southern Hemisphere where we all it took us decades of my life to learn that its warm down here during the cold christmas up north so from now on i am going to be where its warm christmas much better than that cold sand its nice and warm down here so were going to look back at 2019 and you know what were the big themes of what we got right what we got wrong we didnt get anything wrong so. We definitely got right heading down to the Southern Hemisphere for christmas but the big themes ive been weve been looking at over the past few over the past decade it was this a few decades it feels like weve been doing this show for decades but its just been 10 years this autumn we got right lobel is a sion and d. Dollar is a sham those are the 2 big themes and they are really really really reaching across the headlines around the world and its undeniable to anybody now we