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CNBC Squawk Box July 12, 2024

To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and
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RT Keiser Report July 13, 2024

Doing bad stuff they simply say oh were going to go bankrupt and as a result youve got these enormous wildfires burning youve got the economy in danger youve got peoples lives in danger because as private corporations they know how to game the system in a way to absolve them from any responsibility and to not pay for what are called in economics the externalities of their Business Model it so the should not be in private hands transportation should not be in private hands education and medical Health Services should not be in private hands for this reason because youve got gouging and monopolization in the private sector its not appropriate for these basic core utilities of the economy our Corporate Structure today is one of private equity it extracts that equity and it leaves a carcass of debt that is indeed what ....

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RT Keiser Report July 13, 2024

Economics the externalities of their Business Model it till the should not be in private hands transportation should not be in private hands education and medical Health Services should not be in private hands for this reason because youve got gouging and monopolization in the private sector its not appropriate for these basic core utilities of the economy our Corporate Structure today is one of private equity it extracts that equity and it leaves a carcass of debt that is indeed what you see here but the other thing you see especially in california is the woak progressives have basically enabled a tax regime whereby they always win so in california the property taxes for those who have ben there you know for the past 1020 years are extremely low and theyre not theyve passed laws long ago where they youre not allow ....

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RT Keiser Report July 13, 2024

Our international. Oh max kaiser this is the kaiser report i go to areas sense that things are not quite what they peer to be stacy in fact were going to look out at california 1st and then were going to go to a town right here in new york and that is kingston new york where our guest in the 2nd half is from it is going to its a tale of 2 economic models over in california we know not only do we have forest fires going on all over the place huge fires thousands of people being evacuated from their homes but we see blackouts millions of people suffer and blackouts and p. G. And e. The multinational basically utility the giant Utility Company listed on the Stock Exchange they have declared bankruptcy to avoid all their obligations over you know over the last years disaster and it looks like we have a disaster again this year and people in california are not happy with the blac ....

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RT Keiser Report July 13, 2024

A utility electricity and whenever they get in trouble they use declare bankruptcy so its an asymmetric warfare going on they extract wealth and when they get caught doing bad stuff they simply say oh were going to go bankrupt and as a result youve got these enormous wildfires burning youve got the economy in danger youve got peoples lives in danger because as private corporations they know how to game the system in a way to absolve them from any responsibility and to not pay for what are called in economics the externalities of their Business Model it so the should not be in private hands transportation should not be in private hands education and medical Health Services should not be in private hands for this reason because youve got gouging and monopolization in the private sector its not appropriate for these basic or utility. As of the economy our
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