No max kaiser this is the kaiser report well it all things are turbulence and weve got a lot to cover so stay see whats happening yes max weve been talking about this preparing you for years for this this financial pandemic its not too much of a shock we are seeing very 929. 00 or 987. 00 sort of like plunges in the stock market and of course those rallies that followed 929 in fact here is the headline from dow jones market watch this plunge looks a lot like the ones that rocked stocks in 1929987200 extension 8 if it keeps tracking a lookout well this is an interesting that theyre making the 929 comparison because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was
Disney ceo has the story changed too . Apples meeting gets under way Halftime Report starts right now. Lot on our plate today. Let get to it. Our team here today, najarians, and Cnbcs Jim Cramer the host of mad money. The president of Yardeni Research is with us. A full table for this meal today. Lets begin with your money. Stocks are higher. Most important ly, perhaps, so are bond yields. Jim, ive been talking about stocks werent going to be able to stabilize until bond yields stopped falling like a stone. Right. You said this morning, quote, i think you have to start buying something. Right, but not be aggressive sure enough, yields went down again. Coming in a little quick sand here because if rates continue to go down, people will give up some of this if you havent bought any, the markets had a very big move in the morning. Theres a lot of stocks that are down so much its worth starting as a great man once wrote to me as i Read Everything in the morning, do you know what happens wh
Friday, an incredibly strong job market and an economy. Maria bingo. Dagen i want to point out, there was a Consumer Sentiment report that came out from the university of michigan on friday, seven month high on Consumer Sentiment. Virtually none of the respondents, zero, or 1 of the respondents mentioned impeachment. You have wages that are growing in the november report for production and nonsupervisory workers, the growth in wages was near a post recession high, up 3. 7 . Thats higher than the overall growth rate of 3 . What does that mean . It means that income inequality is shrinking in this country. Thats what people feel. Thats what if anybody you talk to, theyre not talking about impeachment, theyre not talking about oh, what did trump say and wringing their hands about that. They know they can get a better job, they know they can get higher wages. Maria thats absolutely right. Dagen theres safety and security in their finances. Thats what matters. Maria incomeen equality, ive b
Security fees. This is your business. Welcome to Saudi Arabia State Oil Company Aramco is preparing to go public and today were likely to find out just how much it is worth last month eyebrows were raised after an announcement that the company would only be floating on the Riyadh Stock Exchange and not in london or new york around coal is the worlds most Profitable Company last year it produced some 11000000. 00 barrels of oil per day more than 2 thirds of it was exported to asia 14 percent of it went to the United States the upcoming i. P. O. Has generated a lot of excitement reason drone attack on the run co facility and investors increasing focus on Renewable Energy though has left many analysts skeptical. Saudi arabia would be nothing without saudi aramco the oil giant posted net profits of 111000000000. 00 euros last year the cascade of cash doesnt only go to financing the saudi state it also finances a lot of perks for the general public petrelis dirt cheap healthcare and educati
Go to the euro max channel. Going to find stories. With exclusive sites. And a must see concerning part time culture kingaroy. Curious minds. Do it yourself networkers. Subscribers dont miss out. Ministration succeeds in reducing the trade deficit fresh figures show the u. S. Is importing and exporting less going to war with china but it could be a bad sign for the economy. In france paralyze the entire country to say no to a proposed pensions reform. And saudi arabia prepares for the worlds biggest i. P. O. The National Oil Company will sell 25600000000. 00 in shares what are they worth to. Program the u. S. Trade deficit dropped to its lowest level in nearly one and a half years in october according to the Commerce Department the trade bill fell 7. 6 percent to 47200000000. 00 as both imports and exports declined this could be a direct consequence of Donald Trumps america 1st policy which has seen several tariff disputes including a trade war with china the trade deficit with china f