Lets have a look at what is going on with these markets. We would normally be looking at the nikkei, but tokyo is looking at the public holiday. There we go. Taiwan moving to the upside. Hang seng adding to some of the gains. Overall, we are seeing a mixed bag. Shanghai is lower. The asx 200 not having a good time. Lets have a look at the other Asset Classes which are perhaps on your radar here. Kicking things off with a look at gold, just down a fraction. Investors are sticking to their guns. We have seen it shifted to gold ever since the middle east tensions did come to the fore with the downing of that jet and the killing of general soleimani as well. 1556. S just at the moment 98. X crude, oil holding onto the biggest weekly drop we have seen since july. Easing tensions regarding whats going on in the middle east. On top of that, the pound is a little bit lower. There is the possibility of a rate cut. The bank of england policy maker showing that there are no signs of the economy i
A bad jobs program is that a good reason to have a deal its see when you wish upon the star program because you know weve entered a kind of period in our history which is a era of Wishful Thinking and i think the truth of the matter is unfortunately were not going to run while disney world the u. S. Military suburbia the interstate highway system. And our great metroplex cities on any combination of all to fuel and all to energy and im afraid its going to come as a is a big disappointment to the American Public the main reason for that is you really cant fabricate the quitman for all these things and service them and maintain them without an underlying fossil fuel economy platform for that to happen under and unfortunately. This is the country has not figured that out including a lot of pretty intelligent people and people with good intentions you know wed love to keep running our stuff the way were running it now by other means its just really unlikely to happen you know this combines
Be combined one is Climate Change denial the green part and one is that governments can possibly do anything positive the new deal part so these are 2 areas that the predominant Political Forces like to tell us are socialist or theyre impossible or we dont have the money for them so all the branding on this is horrible is there a way to present this that would be more palatable because clearly infrastructure needs to be upgraded that thats something that i need to do somebody needs to do it but and its crumbling how is that going to happen and clearly what Sea Levels Rising and with asif occasion of the oceans and with all the other problems that come with the toxicity of industrialization there is a problem in the climate how to brand this in a better way maybe why do you think branding is a Green New Deal is a bad idea the new deal was a vast a successful idea and one of the problems i think that weve had in america is not having aspirational programs that we had in the past that act
Some have moderated a little. We trade at 68 59. Gold went above 1600 an ounce. We come off the high a ten year yield did get to a 170 breaking a trend line that weve been in since september but now down to two basis points on a 180 handle on that. Looking at dollar yen though that comes off a little bit. Unchanged there on that currency pay. European equities in the red but a reasonably muted move also what were seeing in u. S. Future. One point we saw it drop as much as 1. 7 but we recouped ome of those losses. This morning we begin with the retaliation from iran against the u. S. For the killing of its top general. The nation firing a series of missiles at Iraqi Air Bases Housing u. S. Troops. The escalation coming hours after President Trump says the u. S. Was totally prepared for an attack. Irans foreign minister saying tehrans is retaliation. It adds it isnt looking for war but will defend itself. Also this morning shortly after takeoff a boeing 737 bound for ukraine crashing in
The unmissable, which is Fiat Chrysler that didnt go with allianz. They go with psa but its unbelievable, how can you lose that . How can you lose this huge opportunity to become the dominant player in this industry by developing ties with people who were eager to join you, who were totally complimentary to the lines . Obviously youll have 15 explanations, its because of ghosn, because this and that and that everything is on me, now, okay, but it is unbelievable that this happened, its unbelievable. So what i would like to say is, this is not a common case where you say mr. Ghosn, he didnt, and the media sometimes they say he didnt pay taxes. No taxes involved. He didnt compensation when i tell people i didnt receive any compensation, they are surprised b you the whole story has been put in a way to lead people to think something which is different from the reality. Okay, and i must admit, theyre very good at it. Thats probably the only way, the only thing because on everything else, w