surveillance with tom keene, jonathan ferro, and lisa abramowicz. oft: what an all-star cast investors and economists. unfortunately, the stars of this program, tom keene, jon ferro, and lisa abramowicz are off. carol massar and i here to keep you company on this monday morning. ryding there at the .nd with his santa claus cap on i think the most important comment is, and we re hearing a lot today about the v-shaped recovery, it is not going to be a v-shaped recovery for everybody. some people are going to see things bounce rate act. or some people, nothing ever changed. for some people, a short, sharp shock. carol: we talk about this over the past few months. a big majority of americans didn t even have a few hundred dollars for a big bill that came up at some point. it is just a reminder of how on the edge so many americans unfortunately are living. it reminds us of the inequities that we are seeing in our economy. we talk about the k-shaped recovery come over so many have
abramowicz getting a rest because it s been a long year. the batteries for 2021. here in germany, we just started vaccinating people yesterday. the health minister does say they want to accelerate that possiblybut being the most bureaucratic country in the world, it is probably going to take a lot of time. even in countries that have started earlier like the u.s. and the u.k., i don t think experts expect the benefits to come until the early spring, so i think vaccinations are key, but right now, global markets are focused on what is going on in washington. donald trump finally signing that stimulus bill, and that is really the impetus for the risk on feeling that has rotated around the world in equities. carol: more than 4.4 million vaccines have been given, but many of the issues we have him dealing with the last couple of months, really all of 2020, tinue to carry into 20 11 into 2021. there is optimism around the world. we will see how long that lasts. take a look at s&p
heading for its worst day in two months. some saying this has to do with news around stimulus, the idea congress may pass that deal. the bigger fact is the virus, the mutation in the u.k. not surprising. about 9/10 of up 1%. that has to do with a strong dollar. we have a rally for bonds. financials, the second-best sector has been communication services. , that isd materials the cyclical straight, not on today. off thethe ricks risk off tone, the vix. we could have volatility ahead. related bill? we have a true rally from the bloomberg dollar index on the idea that janet yellen, treasury secretary to be, is going to be supportive of the dollar. the next had been headed to its best a since march, up 1.3%. crude oil, pressured by the higher dollar, well off the low. it s worst day since early september. that has not just to do with the dollar, it has to do with fears around the economy. we will show the relationship to the dollar. as the dollar does go higher, it tends to
e o. 1 of bloom borer this is really amazing. so what s happening is that the value that goal possesses as a store of value is being diminished by bitcoin because bitcoin is a superior store of value in many, many, many ways as we ve mentioned over the years. and so therefore, gold would be training more for its value as jewelry ornamentation or maybe some electronic is which would imply there are just a gold price of maybe 2 to 3 $100.00 an ounce, not 18 or $1900.00 an ounce. and gold is the new aluminum. wow. that s like robert prechter style prediction, price prediction there that he s been predicting for the last, like 30 years. well, i mean, if you look at so versus over has no longer been useful as a monetary metal. and the price has been lackluster to say the least. gold is becoming very least the new silver, while bitcoin becomes the new gold, it s really difficult to discern what is just for the store of value price movement . and what is all the money printing going
detention. good morning to you. thanks for joining us here on r.t. international. the iranian president has accused israel of killing the country s top scientist. the assassination of the man dubbed the mastermind of iran s nuclear program will not slow down the country s achievements. tehran also branded the attack an act of state terrorism. a local reporter gave his details. senior iranian scientist was killed on a highway near tehran. there s not much detail about number of people involved in the attack, or number of people killed in the incident, and skirmish tag took place some 75 kilometers outside to iran, north east of tehran, near the resort city of stat. you know, apparently he did. traffic was quite less day usual in comparison to the other days . and the terrorists apparently caught into the vehicle of the scientists newsmedia say dad, there was an explosion. and then there was a gunfire. berridge of gunfire. bits been the security officials and sasan tactic, whic