But a quick History Lesson in economics you know people talk about socialism what is socialism business idea that labor has value and that people want to take part and the means of production. Starting in the 1980 s. That became obsolete because all wealth was tied to money printing today in 2020 so that would be 40 years later this phenomenon 1st socalled activists and labor rights activists and workers are getting out that the problem is not the means of production the problem is the money printers and theyre taking. This is the bus the one that in the show you cant afford to miss. In washington coming up u. S. Markets higher on monday after fridays sell off well tell you whats driving markets and more help for a tro on strike in germany after employees voiced their concerns over the virus infection show today so lets go into. Data from john hopkins showed the crown of our surpassed half a 1000000 deaths over the weekend with more than 10100000 and factions worldwide while the overal
Printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here heres 100 euros here is 100 euros q hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats the headline from bloomberg they think perhaps well we looked at a bounce you perhaps there might not be any money there. Yes whats up lucky. Crap to very mean a close up my perch where through one find a stripe lucky bankruptcy is the new initial
Shot saturday night along eagle street in the bayview district. Another man was also hurt in that shooting the chase. He was honored in a candlelight vigil last night dozens showed up to support his family and friends came out in a shared stories about the boy whose life was taken too soon. Now his community and family are pleading for and answers. A young guy he was so you think he just wants chance to work thats what i want to do and he wanted to be a big part of the of the change any want to make sure that his family was part of me. Did not even make it the first day at time now and im tired. And given our babies back. Im not babies and bob says the bomb. Its not fair. He didnt deserve that. My so its going to be somebody. Use those Services Says ms. So to so says liz. Well police have no suspects in custody and its still unclear who was the intended target if you have any information youre asked to please contact the San Francisco police. San Francisco Mayor london breed is also de
Wrong and world will end on june 21st that means that the central bank will inject at least another 100. 00 trillion dollars of money if not 3. 00 or 4 trillion dollars afia money what could be more bullish for stocks and bonds wow this is going to be an epic rally could hardly wait. Well thats just kind of a joke but this next headline is not a joke of course and this is that we saw on friday of last week that a bankruptcy judge mary walrath just approved hertz request to issue new shares now remember hertz is bankrupt as we told you they declared chapter 11 bankruptcy which means that shareholders will get nothing but share prices rocketed by up to 50600 percent they keep on going up and down then the judge approved the plan when the creditors came and said basically they wrote in an application to the court basically saying theres some maniacs who are buying this bankrupt company and we the creditors have the full rights in courts in Bankruptcy Court so if these people are willing t
Nasdaq is leading the way again. 9,996. Will we get to 10,000 again before the quarter and the half year are over . Its a 1. 25 gain today. Its the only of three majors to be positive year to date ill start that there, josh brown. The nasdaq is reminding everybody how we got here in first place. Thats right. It continues to be a tale of two markets despite those days where it looks like were about to have this massive mean reversion for the rest of the market it really is these names that are getting the job done day in and day out. Ive highlighted the fact the nasdaq equal weight is doing as well or better on some days than the regular market cap weighted triple qs. Thats indicative of broad strength not just five stocks dragging the whole market higher. Then the coronavirus losers are doing what think have been doing for quite a while. Each day were getting new names added to the list. This is just another casualty of this two speed economy that were going to have. If you focus on wh