Good morning, everyone. By any objective standard of violence, chaos and anarchy in portland is unacceptable. Yet democrats continue to put politics above piece while this present seeks to restore law and order. Governor brown, democrat, governor of oregon said the president should quote stop playing politics, called Law Enforcement officers secret police and it to quote a dictatorship. The government also called on the president to get his officers off the street. Democrat mayor of portland said the president is trying to look strong for space what your democrats on the Hill Nancy Pelosi calling these officers storm troopers and jim clyburn calling them the gestapo this rhetoric is unhelpful and give the violence weve seen a path that President Trump will not give the violence a path. He will restore order where the democrat governor and mayor are unwilling to admit theyve lost control of their city. The well organized mob important has become increasingly aggressive especially agains
Escape the heat advisory. The bay area as well, san mateo and palo alto. The big valley will see the big heat. We will get hot and it will get hotter. And ill see you back in a few minutes with specifics. Thank you. We want to go to christian in San Francisco where people are outside enjoying the warm weather on this memorial day. What is it like there . Go julie take a look around me you can see blue skies and even the foggiest parts of the city got sun today. The message from the city is enjoy but enjoy it safely. I can tell you right now it is still very busy throughout San Francisco. We will try to lean over here just a little bit and show you what some of the activity looks around town. It is in fact a Beautiful Day around town. There are lots of folks around San Francisco on bikes, walking and going out to various parks and beaches around town, trying to enjoy the day. After months of socially isolating San Franciscos, they went flooding out of their homes into parks and beaches
These on what is it that shes thinking. This is your what is your position that its sufficient. For the courts or the rule this is 0 we are victims of this brotherhood. This is this it. Started with what it will do this is it will. Killing mr rhodes is not going to bring my daughter back in im holding on tight to my other 2 children its like. And i dont like to see them going through this. But murder of a turbo dollar for ever changed your life and forever changed your other daughter. If were ever changed the relationship with those 3 goes to court. But its gotten worse. When if this would be over with in the state would accept the offer we can focus on getting it all back together thats the point im trying to stress to you i dont care about james or rose i dont care about the Public Defenders Office i shouldnt have to be sitting up here going through what im going through i feel like youre attacking me were supposed to be on the same side here. This is not about me this should be abou
Ever since 1071. 00 have always rallied following the fed rate cuts for an average of 6 months markets now currently anticipate a cut from the e. C. B. As deposit rate of at least 10 bits and a resumption of bond buying meanwhile mexico also joined the global easing tide and became the latest country to surprise with a rate cut the 1st in 5 years canada whose yield curve inverted by the most in nearly 2 decades is likely to cut next the bank of japan also announce that it will step in with further cuts and bond purchases in order to keep yields from sliding thailand also plans to step up with a 10000000000. 00 economic boost in order to hit their 3 percent growth and counter an economic slowdown so while markets are now enjoying a temporary reprieve getting a lift from government stimulus worldwide this is borrowed time a rate cut will not save us from recession but it can buy us time like a temporary steroids shot for the market as to. Radar is now price and a floor of negative indica
Thinkable of course this is the german eels and this is the u. S. 10 year yield and as you see since basically the European Union finally began quantitative easing in earnest they got into negative territory but i tell you whats remarkable is that you know we made a film like 10 years ago about the collapse of iceland we went to iceland about 6 months 9 months before it collapsed and predicted that it would collapse because it was a serious ponzi scheme where the banks were lending. To speculate and the result of that speculation in the Housing Market would be used as collateral at the bank to create more lending so it became a huge ponzi scheme force a collapse now people talk about these negative Interest Rates they think its the result of some policy by someone in doing some economic benolt benefit but they dont understand is that is the biggest bubble in history the sovereign bond bubble is by far the biggest ponzi scheme bubble its ever been created in the history of the world and