The United States and good luck to them right now when you watch whats happening with big coing now on the rise again headed back towards 12000. 00 and probably from there so i think its going to be an interesting kind of process to watch this happen but theres a 2 to 3 years thats an eternity in the lifespan of Digital Currency that gives a bit quaint a chance to go even higher but kristie you 2 have been very critical of this idea as government backed Digital Currencies are not the same thing as crypto currencies are you weary of this move by the. Extremely this is very very concerning because the entire point of crypto currency was to have Financial Freedom and bypassed the central bank as a whole so now its c. B. C. s us centrally or something going to counter the exact same problems that we currently have with the us youre going to be subject to the manipulations by the central bank whether or not they want to tighten or loosen their Monetary Policy theyre going to be subject to a
It will be interesting to see how that manifests. How are we going to deal these issues . We will talk about the aviation sector. Earlier, i talked to a ceo in new york. Jetblue is looking to start transatlantic operations. Next year,ng about we will see what happens. Seeuld be interested to what happens on that First Transit linick flight. Transatlantic flight. The hsbc strategist is joining us now. Do you stick with this equity rally . I think it does have legs. What does that tell us . That the rally has been so . Arrow, driven by tech if we look at the average stock 6 the s p, it is still down or 7 from the highest. It is not a broadbased rally. Sentiment and positioning indicators have become even more important. If we look at the sentiment, they are not all back to neutral. Quite astill stick to constructive stance. Alix are we going to be in a world where you can buy u. S. Equities, the neutral on european equities but spreads tighten . Been you look at what has happening to ig
Fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular bank accounts. Well essentially thats probably what would happen i guess thats what theyre trying to get in my tea to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats a ridiculous terminology the reality is the fed knows that its way behind the rest of the world in this way behind the cryptocurrency boom that has taken place since 2013 with the advent of big going and then moving forward from there and so theyre trying to catch up now while pretending what were checking safety were checking security no theyre not what they
This is a boom bust the one business show you cant afford to miss their montecito in washington coming up the Federal Reserve has that its working on the next pair of mental Digital Currency and now theyre partnering with a Big University to test it we have a boom bust panel coming up and michigan built its plan for the future of the auto sector but how long before we actually see the plant come to fruition you have a car folks standing by several lots to get to so lets get started. With the news of Central Banks around the world creating their own Digital Currency as well many have wondered if and when the u. S. Might follow suit well now we have a better idea as the u. S. Federal reserve has now partnered with mit to develop a hypothetical Digital Currency over a 2 to 3 year period in other words this is a digital equivalent to cash Federal Reserve board governor brain ard said given the dollars Important Role it is essential that the Federal Reserve remain on the frontier. Research
The information on the front of irish or any other science topic you should really check out our podcast you can get it wherever you get your podcasts you can also find us and christine w dot com and slash science. In the United States on kenya talk trade as washington seeks to have our eye bilateral deals over multinational agreements well take a closer look at whats at stake for both countries and i ask is america trying to play cut up with china. Also on the so far from a sunny outlook german travel tie in to me post enormous losses and day off to receiving a nother lifeline from the german government. Andrew han was the 1st place having to deal with the corona virus the chinese city is also one of the 1st to go back to some degree of normalcy what can the world to learn from that. This business im sorry ferguson thanks for joining me over the past few weeks the United States and tenure have been holding talks aimed at hammering out a trade deal an agreement could serve as a model f