Was thirty eight chinese billionaires on the Bloomberg Index added one hundred seventy seven billion dollars and twenty seven thousand a sixty five percent gain that was the biggest of the forty Nine Countries represented a lot of it to do with the likes of tents and ali baba and all these sort of Tech Companies you saw the same in the United States its jeff bezos and Mark Zuckerberg were the two biggest adders beginners in terms of their wealth i think jeff bezos is now over her hundred billion dollars and that wealth the biggest loser on the list was prince i will lead to bin tell all hes not a tech investor that has done very well in the past year and in fact no deal saudi oil will lead freedom denied after negotiations fail and this is quite a bizarre story because hes one of the biggest tech investors in many u. S. Tech companies. Silence no no the people of twitter are outraged you know theyre often outraged about a lot of things the beltway media sources are very outraged about
Oil well leads freedom denied after negotiations fail and this is quite a bizarre story because hes one of the biggest tech investors in many u. S. Tech companies silence none of the people of twitter are outraged you know theyre often outraged about a lot of things the beltway media sources are very outraged about iran for example they very much love the people of iran suddenly and they care about them so much they dont care if this guy ok even though hes a buffoon or whatever and you know all the things bad that you can say about him and sat one of the saudi princes the fact is he has allegedly been tortured by trying to get. Six billion dollars from him which hes apparently willing to do according to the article as we dont know how much of it is true but he is willing to give him six billion dollars but he wants to actually still be at least the figurehead of his Company Kingdom holdings that well you know heres a guy whos being threatened with torture being tortured threatened with
When the guys report im max kaiser you know trillion dollars of new wealth popped into the well flows fair last year the question is is that a good thing or a bad thing you know if its all an evenly distributed it just goes into an ever smaller concentration of a few kleptocrats and cock a stock or nincompoops i mean its not a good thing. Yes max in fact in twenty seventeen the worlds wealthiest became one trillion dollars richer thats just the five hundred richest people in the world on the forbes list so thats one trillion dollars that puts into context by the way that crypto currency market which is not yet a trillion dollars. You also have u. S. Housing markets added two trillion dollars last year again a lot of that is owned by the likes of blackstone and all these other private equity groups. So just putting into context this trillion dollars five hundred people all right two thousand a financial crisis one sub prime became the buzzword of the year and many people lost their home
Lower. The front has aways to go. Themes extremely cold air. We havent seen Something Like that in a long time. That he is a day away though. Look for cloud cover and a little rain starting to form off the san mateo coast. Mainly 50s, there are a few 40s around the bay, 50s for everybody here. 52 in San Francisco and tim ron at 50 ti meron at 50, rain develops by this afternoon. 501, and sal tells us how we have things going on right now. Southbound 101 well start in marin county. Theres a crashing, an overturned vehicle, north of the rodeo exit, lanes 3 and 4 are closed. They issued a signal alert for the area southbound 101 delays are beginning to grow getting to the Golden Gate Bridge headed south. I would give myself extra time heading south to the Golden Gate Bridge. Were not sure how long this will last. It wont be clear any time soon. Lets look at westbound 580, the Altamont Pass tracy commute. You can see its slow on 205 and 580, it looks open kay into hayward. Were looking at
Commodities largely oily largely avoiding the rout. The latest from Goldman Sachs. This is Bloomberg Markets asia. Haidi as you mentioned, it wasnt smooth sailing. It was quite a stomach churning roller coaster. Buckling and go along for the ride. Opening the dow with that lunch, and we had a 25 minute period with a swing of more than 900 points before we had major u. S. Stocks finish in the positive. The question is, is this the new normal . His volatility back with a vengeance . Lets take a look at how things are tracking when it comes to the asian session. We are seeing this recovery mode playing out when it comes to Japanese Equities. Some of the hardest hit yesterday in the selloff. The topix rising about 3 at the open, the nikkei 225 also up by 3 . This is being driven by tronics best buy electronics by electronics and auto. David finally we can focus on the data coming out. There, and the words of bon jovi, because that has almost been the anthem across markets. Really living on