Trump apparently has some other ideas. From. 1 am on wednesday here in moscow at 5 pm in washington d. C. Thats where were starting there democrats on the u. S. House Intelligence Committee have published their report detailing how president allegedly abused his office for personal gain and solicited interference from ukraine for the 2020 election the release of the 300 page document which is based on testimony given in a series of closed door and public hearings marks the start of a new phase in the impeachment process. And taking a closer look. Well the report from the house Intelligence Committee democrats essentially alleges 2 things about donald trump 1st it alleges that he conditioned military aid to ukraine on an announcement that would have been beneficial to his Reelection Campaign and secondly it alleges that he obstructed the house of representatives impeachment inquiry investigation now adam schiff representing democrats came forward and painted a pretty grim pricks here do
Is. The. Take over next hour with the latest there is a kaiser report coming right up stay with us. I am max kaiser this is the kaiser report and we are talking about the complete absence of gravity thats right gravity no longer exists quite quite quite quite quite quite amazingly they say you know history oh of Financial Markets analysis is filled with people who get the call right way too early and Irving Fisher may have been right that stock prices have reached what looks like a permanently high plateau of course he said that in 1929 right before they crashed into the bottom of the barrel but maybe you know had he waited around for another 80 years he would have been right so its all about stock prices right hitting new all time highs all the time many times during the course of this year fuelling the trump phenomenon every time his opposition tries to attack him markets make a new all time high and of course everyone likes that look look at markets make new all time highs i like to
Thank news are actually old concepts. Maybe i can ask anyone here, are you a classic scholar. How did he translate news into latin. I dont expect anyone to know that. Does anyone know this. You are not old enough. [laughter] the latin word is rumor. It is the same meaning as today. These to beat worried about rumors in those days so they can make or break you. So has brought new in my scope of history way back. So im interested in understanding economics events. Like what causes a boom like what causes a boom or a session with some countries seem to be prosperous and others not. That is the wealth of the nati nation. I am taking what i say is and in usual perspective on it. That thinking that these events happen not because of some exogenous, if it like sunspots. But be because of talk. Most of you are not economists right. When i said sunspots, there is a famous article in the late 19th century, by William Stanley devens. He was a british economist who said that he finally figured out
So that we can continue all hear and make sure the conversation is recorded. Copies of the books are behind the register so you can grab your copy and there will be a line right here for the signing. Afterwards, if you please hold up your shares to the next goal of the bookshelf leaned them up there, we would appreciate that. Now to the main if it. It is my great pleasure to introduce Robert Shiller, hes an american economist academic in the best la author. As of 2018, he served as a professor of economics at Yelp University and he is the fellow of the l school of Management International center for finance. In 2013, together with eugene and hassan, he received the nobel memorial Economic Sciences for their critical analysis. We are today to hear more about his new book, economics. All stories go viral and drive Major Economic events. In todays world, contents going viral has become imperative for everyone. From individuals hoping for their more 15 minutes of fame. Two businesses and m
Could move the eurodollar. We also focused on the oil markets. Saudi arabia faces a daunting oil market surplus. Up, they hear from the former lng executive. He proposed a takeover offer by the Hong Kong Exchange and we will have plenty more on the corporate story. It broke about 24 hours ago. They will have a look at the exact response of the london Stock Exchange. Lets get straight to bloomberg first word news. Bloomberg has learned in a show of goodwill that china may resume u. S. Farm inputs. This comes as donald trump says he is postponing a 5 tariff increase by two weeks. The delay causes u. S. Levies on chinese imports at 25 . Sweeping cats from a no deal brexit. Chaos from a no deal brexit. The warnings outlined in a u. K. Government paper. The internal document is called operation yellow hammer. Ministers were forced to release it to comply with the deadline. Law intendeding a to prevent Boris Johnson from forcing through a no deal brexit but he says he is ready to do it anywa