S p is now down 2. 25 the nasdaq is off by 40 points that happened after news that we heard from beijing that well tell you about in a moment Interest Rates are a huge part of the market story. Yesterday we saw the inversion of the twoyear and the tenyear yield. So shortterm bonds are paying more than longterm bonds. Historically this is considered a recession warning sign check this out the 30year bond this morning is now yielding below 2 . This is the first time in history weve seen the 30year below 2 1. 99 . Tenyear is yielding 1. 557 . The twoyear is yielding 1. 54 lets look at what happened in markets overnight in asia. Things got a slower start there. The nikkei was down out of the gate it ended down by 1. 2 . In china, stocks are stronger. Shanghai is up by a quarter percent. The hang seng up by three quarters of a percent. In europe, there is active trading taking place, you are seeing some red arrows across the board. The biggest decliner of the three major averages would be t
Crimes of his former friend and convicted paedophileJeffrey Epstein. Three years after the measles virus is virtually wiped out, world Health Chiefs say it is back. Good evening and welcome to bbc news. Borisjohnson good evening and welcome to bbc news. Boris johnson has good evening and welcome to bbc news. Borisjohnson has insisted no deal brexit preparations are on track despite a leaked report warning of food and medicine shortages in the event of a no deal brexit. The labour Leaderjeremy Corbyn has accused the government of driving the country towards a cliff edge and called for a general election so voters can decide the countries future. Exactly how bad will a no deal brexit be . Clutching their folders tight, ministers in charge of no deal brexit planning brushed off questions about possible food, fuel and medicine shortages, travel disruption, and protests. Are there going to be Food Shortages . No, not at all. Its entirely manageable. The details of secret whitehall documents
A dramatic kind of experience that occurred with hank paulson former c. E. O. Of Goldman Sachs and treasury secretary at the time on his knees in front of nancy pelosi who was speaker of the house then and now in congress and he said you have to help the banks so fed wants to help the banks Treasury Department wants to help the banks because otherwise supposedly all mayhem is going to break loose no money will come out to people that said ok brought rates down to 0 and where the collusion comes in is it wasnt just the fed the problem that the Financial System cause from wall street throughout the rest of the world was so big that not just one central bank could make money cheap enough could create enough artificial money by itself and so the fed did collude did Work Together with the European Central bank with the bank of england with the peoples bank of china later that was kind of separate story with the bank of japan and so forth to create enough money to put into the Financial Syst
Got us to where we arent from 2016 to 21000 and then well talk about how to fix that ok well 1st of all everything you said is connected so so so let me go back in 2008 what happened was we had an acute financial crisis predicated on the fact that banks created all of these toxic securities and then lend lend money to other banks to buy them and lend money to small towns in norway and california and Pension Funds to effectively buy toxic assets created out of credit they had lent through the Mortgage Market that happened the fed came in and in an unprecedented manner the Federal Reserve decided that the way to fix this. Amidst a dramatic kind of experience that occurred with hank paulson former c. E. O. Of Goldman Sachs and treasury secretary at the time on his knees in front of nancy pelosi who was speaker of the house then and now in congress and he said you have to help the banks so fed wants to help the banks Treasury Department wants to help the banks because otherwise supposedly
Welcome to the cas report because or welcome to the summer solace. Series where we delve into solutions to all the problems we talk about all year long thats right and what better place to do that than in sunny malibu we want to discuss social banks the cantillon of such a money printing that has wrecked havoc social and political stability from the inevitable wells that are ropes from Central Bank Money printing and all the mayhem that result sold on that note i bring in Stacy Herbert yes and were with nomi prins the author of cool luzhin how central bankers rigged the world now you know me i think this is really important for the year 2019 because kulu sion has definitely been the word of the past 23 years in america collusion collusion collusion and the clues it was always with some foreign power that all our domestic issues are actually to do with some foreign power living thousands of miles away by what were seeing whether its here or in europe unrest political unrest political di