Irans generals. VowSupreme Leader retaliation. Equities dip read u. S. Futures hardest hit, pointing to big losses at the start of trading. Golden touch a fourmonth high as investors flee to safety. Just under an hour away from the trading insh equity europe. We dont have the big drops now we are starting to an european futures that we do in u. S. Futures. Ramping up bigger and bigger losses. Ftse, only half of the sarah down only 0. 5 down. That is like the u. S. If you take a look at s p and nasdaq futures, you are going to see substantial losses. Dow futures down almost 2. 5 0. 25 . Interesting the way we have not seen asian equity markets showing up. The overall level of flights to safety. Money going into old. Gold. Around disruptions commodities expected. We have not seen equity markets selling off wholesale. We have some inflation data out of turkey. Iskey is one market that underperforming. We will speak to colleagues about why it is the European Equity market in terms of the f
Imax keyser 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 so. You know history oh of Financial Markets analysis is filled with people who get the call right way too early and irving fish here 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 watch football the weekends i like to watch baseball they like to see that would teams win you know its a
Buybacks which up and told recently were illegal even do a stock buyback so this looks like nosebleed territory but its been this way now for a few years and it doesnt seem to be any stopped any any any any stop sign in the road it does seem to be any end to this for years id say all through the ninetys and the early 2000 most people in the market still had memories of real markets that you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points them up but the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always tend to be of course i think that makes it probably more dangerous for when they do lose cont
Median the long one remains unchanged at 2 1 2 . The economy is very much the same as it was in fact, i dont have any changes at all Economic Activity rising at a moderate rate. Job gains solid on average Unemployment Rate remained low the only weak spot there and inflation running below the feds 2 target. The fed used to morninger Global Developments and inflationary pressures. Those two things animating fed policy, very much on its radar there in terms of what is behind or motivating policy right now finally, a little bit on the Unemployment Rate. They lowered the Unemployment Rate forecast to 3 1 2 from 3. 7 and in the long run, down to 4. 1. Thats a sign that the fed at the current rate is willing to tolerate a lower Unemployment Rate thats a number that ases now over the years has come down and down and down. Tyler . Ill pick it up from here, steve. No, its okay do not worry about it, listen, man. You got your hands full there. I love these word counts, back from the old days when
That you would genuinely that there was no fed to rescue everything so since greenspan in the introduction the put you know it took people a few years to realise that any. Time any even a slight i mean when when markets go down 11 points the fed intervenes like so the fact is that. People now are the opposite of what they used to be they used to expect a cycle now they dont expect a cycle every participant in the market does not expect a cycle to ever be able to fulfill itself so that the fed will always interview of course i think that makes it probably more dangerous for when they do lose control or when fewer and fewer actual people are participants in it so the fact is like we know Something Like you know 85 percent of all stocks are owned by the top one percent so its not like everybody is participating and the fact that we keep on pointing to this thing hey look this magical bowl of you know is glowing and this means something to you but it doesnt mean anything to anybody of cour