Expectations china vowed to retaliate against u. S. Tariffs set to go into effect september 1 were now on track for a higher open lighthizer said its not possible given your past behavior so an awful lot to absorb today. Very interesting that the futures are up exactly the amount they are right now. They issued a very strident set of words toward us at the same time, announced stick l stimulus for hong kong where is what the president said on twitter what happened and without that, i think theyre going to view the olive branch of moving back to december as an illadvised move because the chinese arent playing ball were going to have Chuck Robbins later on this hour the chinese derailed their outlook. Asking them not to bid on business things are getting very, very tense. If we let that dominate the headlines and forget to look at what walmart said today, i think well have a false narrative because of how bad things are. Remember, we are not a big export nation. But yeah, the gloom is pr
A lot of anyway snaysayers. Smart money, right or wrong . Smart money right in terms of weve had an incredible run to the up side, considering where we came from brexit. Rather be in the market an buy cheap protection. Paul briton on, talking about volatility, we bring it up constantly. If you can ride this market, this bull, youve been able to ride probably the last couple of hundred points in the s p because of the fact low volatility has given the opportunity to buy that protection at a cheap level. If you werent doing that, and youre just sticking with these stocks, i do think youre playing with fire. At some point in time were going to see a pullback. Werther that means 5 , 10 , whatever, i dont think you should be in the market if you dont have protection. Josh, it started back in april. Paul singer make as great deal of sense to own gold. Stan druckenmiller, bull market exhausting itself. Get out of the stock market. Icahn, june, false market. Jim grant in july, still bullish to
Between values and morals and the scientific technical questions, very much in economics we have to do with it. Top rate technical questions about what the model is, why is there appropriate how to interpret the statistics, whether all your conditions are satisfied. But then theres also questions about the type of society we want to live in. Theres also questions about intense distributional conflicts as well. Posterity is often times a distributional conflict and its a really hard thing to navigate at times that clarify the decisions. But there is real moral implications. Like more of the problem of the financial crisis as there is a lot of private debt in the runoff from financial institutions, buried a lot of money to invest in the craft of the public authorities had to take those onto their balance sheets. And on the question of how to pay for that, right . Is it really right to, for example, cut schools, health care and pension so we can pay off creditors who oftentimes, you know,
Was casual. And also, and then you build us to work for you. Well go with the kremlin is using Food Supplies in style are doing developing jones with keith latham with the guns. The guys in russia, russia, russia, the reason why the food raises it. This is because of russia since spring 2020, to the west, been accusing russia provoking a wealthy crisis. Allegedly, this major grain producer is deliberately creating a deficit. Price is a source in foreign countries, particularly are experiencing bread shortages. This oversimplification is being broadcast worldwide put his russian grain really the new front of economic wall. The photos for a poison in for the you. The 1st month of the senior thing finished my student june, because he generally with this movie, jim, all of us, keith read you, hoping you know youve changed which them book the us come do voicing. Dude girls call us girls. Go up that each the pier tracy and voice him do it, that its a huddle shes starting to call us human eit
We like would like to see after we cartalk if there are any questions. This book is a labor of love and the labor of a lot of people. I thought when i was a writer that i could write a book by myself, but it takes a huge organizations write a good book and i think the organization that we have is published and its part of the Literary Agency that helped make this possible. The book came out in april 2013 this year. I have been on to order as we share this book across the country. It appears to be the world as well. It is about world peace. It is a geopolitical simulation that i have created about 35 years ago when i taught in richmond, virginia, the richmond public schools. I was a beginning teacher and i didnt know what i was doing. It was my first job, and i didnt know what to do really. But the key thing that made a difference was my supervisor at the time and i asked her what should i do. Thinking that i would get an instruction manual, she would tell me what to do. Well, she didnt