Points the nasdaq dipped only. 1 some of these patterns are so pronounced algorithm buying all sorts of stocks i have never been a huge fan of these algorithm. There are plenty of patterns that are visible to the inconsistent eyes. On most days you can spot them before the machines do when you see them, you have to pounce let me give you some examples. Lets start with apple for years you can speak along with me. I am telling you to own it, dont trade it today was a perfect example of what i am talking about. This is a fantastic company and cheap stock. There is no need to get cute there are some days you can buy apple at a lower level days like today, apple unveiled their new iphone the experts described it and they used the most damming words in the english language, incremental. That makes it sounds like nothing special. Thats what they says about nearly every new iphone for years. What happens when theyre in the stores and people buy them i got the special apple. I got to tell you.
Joe biden got through all 90 minutes without a gaffe or no senior moment and enough energy to say to the president overshot up man. He called him a racist, a liar and the worst american president ever. Mr. Trump came on strong, perhaps too strong, he may have brought sympathy after he attacked his sons drug use. Key issues were lost in the fight, biden were not answer questions about packing the Supreme Court, he was wrong about the economy under President Trump, he tried to walk away from the green new deal, i wouldve liked to heard more about that, the president would not condemn white supremacist and did not fully answer questions about healthcare. My opinion, nobody one, voters who wanted a fight lost. Right after the debate stocks sold off, features showed a 300point loss for the dow but it has come back, perhaps because a lot more talk about a new stimulus plan and a good jobs report from adp, we are looking at a 50point loss for the dow, Minor Leagues loss for the s p and the na
Day after he is discharged from the hospital. Ath the election less than month away, wildfires continue andavage the west coast, office work in question. What is happening with the Real Estate Market . U. S. Stocks tumbling after President Trump said he is ending stimulus talks until after the election. This was hours after fed chair jay powell renewed his warning that the economy will stumble without additional stimulus fiscal report. The backt falling on of this report. Abigail once again, a topsyturvy day. Trump tweetingt around 2 50 p. M. , it was a jittery day. A piece of that was big tech. Ahead of President Trump tweeting, we had the s p 500 up 0. 6 . So, investors working past those jitters. President trump coming out and saying he wants to and stimulus talks. Intraday move, perish to the downside. S p 500 to finish down 1. 4 , and if you include the total move, down 2 . If they really thought this was the end to the negotiations, you might have seen more of a selloff. This cou
Next hour right now though it is the kaiser report stay with us. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investments in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milk
Those are your headlines. Oh hi im max keiser this is the kaiser report well lets talk about tea and crumpets and scones and London Bridge and the crowd. Stacy well max we are going to get into some details about the queen and compare her and the whole royal system to wall street of 1st i want to say you know anybody could essentially now live with the view say of London Bridge or tower bridge or you know right along the thames or see the Buckingham Palace or live in Buckingham Palace because theres Virtual Reality now last episode we spoke to bryan rama lee about that this episode were going to continue some of that conversation but one thing i want to say is we spent this past weekend in Virtual Reality at the magical crypto conference and it was quite amazing life for me because i spent quite a long time in there as my avatar what i realized is that i could roll out of bed and speak in front of a huge audience and it was no problem on my hair was perfect i felt you know present a ba