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Country. It is going to be a tremendous feeling up optimism. I think the Third Quarter is transitional. We are transitioning into, but it is a transitional period. I think it is going to do good. I think the Fourth Quarter is going to be fantastic. I think next year, all of the fruits of what we have done together between the doctors and Business People and yourself, thank you very much, you are a doctor, all the work from the task force, the people that have worked so hard, we will have a tremendous year year. You will start to see that in the Fourth Quarter, maybe even in pieces of the Third Quarter. That is very transitional. Is there a day of reckoning coming back out vonnie no, pres. Trump no, it is about g ....
Fails in his bid to trigger a snap election. China signals more support for the slowing economy indicating a cut in the Bank Reserve Ratio is on the way. Protesters vowed to return to the streets of hong kong and continue their calls for change. They say carrie lam section is too little too late. Shery it was all about k anditics, both in the u hong kong. We saw a risk on sentiment across the board with the dow caning gaining almost 240 points. The nasdaq up 1 . Tech shares leading the gains. They were the biggest losers in the last session. We have the Energy Sector in section gaining ground. We had the dollar falling the most since june. It was all risk on and the geopolitical tensions subsided. Not a lot happening with u. S. Futures. Lets get you across some breaking news on the terminal. We have julys current account of numbers from south korea coming in at a surplus o ....
About the collapse of silicon bank west church of the largest Bank Failures in u. S. History. Congressman mchenry discussed the role the Federal Reserve and the Deposit Insurance CorporationBank Regulation of Risk Management. This event as hope and by the brookings institution. Kground noises] [background noises] good morning everybody. Im director on fiscal and Monetary Policy and be half the hutch and Center Center on me you to this event both the people in the room and the people watching remotely. Our subject today is what lessons we have learned from the really interesting effor ....
It. Publish bitcoin we immediately gets the top of the readership roles at bloomberg. There is a fascination, maybe a bit of schadenfreude with investors being roiled backandforth on what this is, an asset class or a bubble. What is it and where is it going . No one has the answer, greeting us. Including us. Lets get to the bloomberg first word news. A spokesperson for the russian president says the kremlin is concerned about the possibility the u. S. May further expand sanctions on russia. A rule that took effect in august calls for the treasuries to compile a list of tycoons and Companies Close to the kremlin as potential targets for more sanctions. The u. S. Added the names of several companies of prominent russians to the list last week. Almost a year into the donald trump presidency, passionately promoted through all of his Campaign Announced eight prototypes no mor ....
Open with a quote from Frederick Hayek the source of all monetary evil is the government monopoly on the issue and control of money. Is there an alternative to the government controlling money . Quick there sure is. Gold is the most obvious alternative because money is a measure. It has to measure value and it can be a part of what it measures and if they treated as atreat it asan economic bond toe entrepreneurs about the meaning of the crucial price signals that govern all of their opportunities, then you have the kind of stagnation we are experiencing today, and its a worldwide stagnation which means its not simply the policy of the united states, capitalism around the world and be systemic affliction is the meaning of money, so this grows old valuation into question because its like we float money today and International Exchange trading today, trading currency ba ....