Of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grit and the dollar is not the thing were going to have to match it against because that runaway value in the dollar is whats causing this deflation and thats whats causing this global depression part 2 so theyre going to have to rejigger the global currency grid and as all with they always come back to gold theyre going to do a whole recalibration of the global currency markets against the against gold so thats the only way out of this gold has sold off magnificent leads hugely so its bitcoin because down 45 percent by one day last week so there will be turmoil it doesnt move smoothly look at the lady 810000 945. 00 that was a what you could call a very tumultuous period but in terms of the dollar yes it is stronger right now it is going up in many. And sees this is something that weve been tracking for over a decade here and one thing people need
That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joining us for the hour, keith bliss, welcome back, keith. Thank you very much. The question has been asked a lot of times, and yet you still look at these markets and record high territory going up every day despite the coronavirus warnings and fears and cases and you wond frer if theres a disconnect. I dont think theres a disconnect i didnt think there was going to be much to this story its a serious story and could impact the markets the longer it goes on. Now were starting to see the trend is c
Tweet me jim kramer the worst hit, tech especially the cloud plays that were roaring hard not that long ago. They were crushed and the worst part, i dont think that the selling is over. Yeah, anything that helps enterprises harness the power of the cloud had been on fire coming into todays session along with anything related to streaming content and thats because of the wildly successful disney plus, the new over the top service. Theyve been the big winners for several weeks ever since nvidia and splunk whats driving this new found weakness and how long will it last isnt that what you want to know im going to walk you through all the reasons so you know whats ahead first, its the beginning of a new month, right almost every new month especially after a very big run we get a period where large funds decide to take something off the table. Not a dumb idea. Given that no one was expecting this selling, witness the clueless pajama traders as of last night and this morning who were still bu
Nasdaq once again there was a decided lack of volatility. At the close, they had very modest gains. It was enough. The dow rose 39 points. Thisas not just another record powered by stks. This shows some strength in unexpected places. That could mean new opportunities for invests. Another quiet run today. Led by real estate staples. Its been a solid day. Pushing sectors to new highs. Not only is the market cap rate but the equ rated vergsz of that index is also at new highs. It carried thead b index higher. The gains are more broad based. Thatoo really news, investors love that. The fact is, value and Growth Stocks are hit new highs at the same time. Thats a little unusual. Value stocks, things like bank stocks. Beyond that, a defensive cyclical names are hitting new highs. Alth care, nal highs, right g with cyclical Like Technology and communication services. You s . It seems like every time one sector falters, another its play. And much of that optimism has been fueled by positive tra
We could have had a 0. 4 move on the european stock markets development we saw over the weekend. The german tenyear yield move reasonably small. We are still trying to figure out what this means in the longer term implications. It is a story that has the potential to upset the Global Economy. It has the potential to upset the gulf region. Lets talk about the details of the strike we saw in saudi arabia over the weekend. We have had more reports coming out related to who may have been responsible. How long does it take to fix . Lets ask that question now. Really quiet. E we are not getting much from them at this point. The markets are left with the idea that it could be a while before they get this back online. The first thing you would want to hear as an investor is for the ceo to get out in front after the attack. They said they would update us within 48 hours. Were still waiting on that. People are saying they expect this to Linger Longer in terms of getting full capacity back. Produ