We said you cant taper a ponzi and it turns out you cannot taper a ponzi theyre admitting that of course a lot of people love it because what happens to the markets boom right and mark i got my money again i got my money again my name is jay jay jay i got my money gun i got my money gun all i do is pretty oh good day because i like to see the stocks you want because like all the stock myself and id like to retire a billionaire i work a Hedge Fund Like all the other extra president s do and make more billions because i like my money because theyre locked up 100. More to come im a work in progress. Well i found an analogy for what is happening here is that an analogy or metaphor anyway i found it in the Chicago Tribune its called vomit fraud and it could make your trip really expensive so you know you get into your burger at Grand Central and take it down to Freedom Tower and you think way 2527 bucks thats pretty good the next day you tune in to your account and you find that you can cha
Got my money again i got my money again my name is jay jay jay powell i got my loaded gun i got my money gun all i do is pretty oh. Because id like to see the stock you want because like all the stock myself id like to retire a billionaire i worked a Hedge Fund Like all the other extra president s do and make more billions through because i like my money because a lot of money. More to come on the work in progress. Well i found an analogy for what is happening here is that an analogy or metaphor anyway i found in the Chicago Tribune its called vomit fraud and it could make your trip really expensive so you know you get into your burger at Grand Central and take it down to Freedom Tower and you think a 2527 bucks thats pretty good the next day you tune in to your account and you find that you can charge 150. 00 and theres a photo of vomit that you allegedly left in the backseat well this is apparently at the moment where the drivers are claiming that somebody vomited in their car. And t
Look at our Financial System thats in fact what youre getting with the fed reserve and q. E. Policy is theyre charging you with the vomit fraud of the bankers that theyre the ones that issue debt that is unpayable and then dump it on to you and theyre sending you a photo of their Balance Sheet essentially saying look you did this youre the one that did this and youre like hey i was just like going out for some groceries and now its 20 percent more expensive because of what because of this fed vomit fraud right theres plenty of vomit fraud in the United States economy and its perpetrated by the Federal Reserve bank and youre right in that we are being charged for the vomit front so when they make a bad policy decision by like for infinity and this causes huge mal investment in the economy and lets say the the bailout. Insolvent banks right and the savior of Warren Buffett and Berkshire Hathaway even though they were technically insolvent back in 2008 that is the vomit fraud that we have
Any sale must include a substantial payment to the u. S. Government viewed and results season continues. Bps dividend expected to be cut for the First Time Since the deepwater horizon disaster. We will look at the toll coronavirus has taken on a drinks giant. Manus is just gone 6 00 a. M. In london and 9 00 a. M. In dubai. There is no sort of outstanding alpha driver this morning. We are grappling with different things. The unilateralism is alive and where. Unilateralism of trump to stand the unappointed benefits, of trump to deal with tiktok. That unilateralism i think is fed w rather than the this is betwixt good morning. Good morning. Nejra i am with you, it is hard to see any great conviction or catalyst in the market today. The rally we are seeing in asia seems to be feeding off what we saw in the u. S. Yesterday in terms of tech stocks. Was it just about the stay at home trade . Apple hit another record. Also interesting what we heard from the rba, especially since you are seeing
Nasdaq hits an alltime high as a combined value tops the gdp of the worlds thirdbiggest annomy, cash trade is just hour away. Here are your top headlines from the bloomberg terminal. Trump says tiktok must close its u. S. Operations by sold. Ber 15 unless it is he insist any sale must include a substantial payment to the u. S. Government. Global equities trade makes after a tech surge sent the nasdaq to a record. Isn amid a positive u. S. Pronounce and hinge from trump as he could face executive action on fresh virus release. Results easing continues infineon. The buyer warrants that the pandemic has stunted demand for nonessential medicines. We wait on numbers and it looks like we are getting numbers from British Petroleum right now. Annmarie, what do you see . Annmarie the dividend to the oil make it maker is cut. This is the First Time Since the bp oil spill in 2010. A historic moment in some senses for the oil giant. , 5. 25. Quarter dividend 10. 5. Second quarter came in at 6. 6 1