So we are looking at case counts going up and in equity market going up. We are seeing treasuries coming off, you see three bits today, but what we are seeing as well is a steeper and steeper curve. What does that signal, and ultimately will we see Central Banks stepping on that . What we have coming up for the rest of this program, we have a great our lined up. Lets talk about the highlights coming up later in the hour. We are going to get more oversight as to what is happening in china. Alpine chief strategist will be coming alpine macros chief strategist is joining us. Here in europe, the ecb is warning that the eurozone faces about two years of downward pressure during a webinar this weekend. The ecb president , Christine Lagarde said she does see a turnaround after that. Inflation dynamics will be impacted with disinflation to begin with, and then inflation that will occur, that we will have to anticipate, that we will have to measure, but it will be most likely based if we have a
A sock puppet for this clucky want to off course it needs more than that well you know at earlier this week fed chair powell warns of significant uncertainty about the recovery and says Small Business is at risk of course you and i have been covering the fact that you know hes directly responsible for this erosion of price discovery of you know free speech essential he is hes like the tyrant of the markets he doesnt allow Free Speech Free price discovery free markets thats absolutely right he is censoring the machinations of capitalism which we doubt the weak cans and gives us only the winners so that we may become glorious in our quest to dominate the Global Economy but because of the printing thats going on in the bailing out. Of the we can still weakest amongst us in Corporate America what happens is the vibrant new small to Medium Enterprises are pushed aside if they dont have access to credit and the worst behaved myths the albatross the no good necks are flooded with cast to do m
Asset management lets go to wall lets check the major averages they did jump following the release of the jobs report the nasdaq 100 and some big names within it. Amazon, microsoft, netflix among those hits new milestones today. This incredible ability for the market to shrug its shoulders at the spikes in coronavirus cases around the country i mention some of those new highs. Everything from amazon to netflix to square and twilio and tesla and docusign what the you make of that ability of the market to stay focused on whats ahead . I think this is really difficult time right now for investors because you kind of have to keep three things in your head at all times the first thing is that we are having this resurgence and the data from some of the biggest cities is getting worse and worse and now out in the suburbs and in some of the states that had not been touched by this before, so you have to keep that in the back of your head at all times. Maybe it chasens you and calms you down a
This is just over two hours. Let me begin by thanking our panelists and members of at todays briefing. 40,000, the latest estimate of how Many Americans in Nursing Homes and other longterm care facilities have lost their lives as a result of the coronavirus pandemic. The men and women who died at these Nursing Homes were parents and grandparents, who sacrificed to provide for their families. Some were veterans who fought to protect our country. Many were essential workers who kept showing up to care for the elderly and the sick, even when it meant risking their own lives as our nation faced more deaths from coronavirus than any other country. Lets be clear. These 40,000 americans deserve better. Their deaths in our nation to protect our people. There were warnings. In february the coronavirus attacked the Life Care Center in kirkland, washington. Three quarters of the residents at that facility became infected, along with dozens of staff. 37 people died. Four months later nursing home
Have no statistic that proves that more than the rise of Zombie Companies right this is why money printing doesnt fight the flesh and it causes deflation because youre pouring money into companies that are zombies that have inability to function as ongoing enterprises but because they are friends of the central bank and because Steven Knutson and donald trump in the all those folks in washington believe it strategically important to keep their donors these are donors thats who are being kept alive here are the corporate donors into Trumps Campaign are being flooded with cash even though their underlying businesses are not viable and no longer able to sustain themselves and you end up with as zombie economy and this is growing by leaps and bounds and anybody knows that in a zombie film the zombie is the living dead the walking dead right theyre dead theyre Walking Around and they try to kill everybody else. Around them to keep themselves going and this is the same thing that were seeing