U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain in terms of futures. I believe the record was around 1923. Looks like we are about 1 or so away from that record price. Its 1923 or 1921. Anyway, we are edging close to that record price. Weakness. Lar silver gaining close to 2 . The 10 year in the u. S. Yield is a little below 0. 6 . Rish. Rishaad were going to bring in banny lam. Welcome to the program. We just outlined, at least tom did, outlin
Against american populism which began with wilson in world war one before that even before that. Gave rise to the decade political system and trouble thats right well i mean that there are a couple of ways to talk about it but you have to realize that populism which is an american invention well its used as a curse word you know by liberals in europe its an american invention and it describes a working Class Alliance between poor farmers the working class in the u. S. And initially at least africanamerican sharecroppers in the south and it was the most dangerous threat to the american all darkie that ever existed i urge your viewers to read lawrence goodwins the populist moment if they dont already know about it so they can learn about it but it was viewed as a threat by the original gilded age titans in the 1900 centuries they destroyed it. Part of it turned rancid and antisemitic and racist but it never went away and in a sense the the force of populism the program the omaha demands
A resurgence of grassroots populism to beat back the proto fascist forces that have the country in a death grip how can we make sure demagogues such as donald trump are denied power deedee couldnt plan the editor of the nation in the next republic the rise of a new radical majority profiles 9 activists including the labor activist jane mc alvey the mayor of jackson mississippi choke way and the environmental activist jane cleave who are battling back against the ruling elites joining me in the studio to discuss his book the next republic is d. D. Good and planned so i think you would argue that the assault against american populism which began with wilson in world war one before that even before that. Gave rise to the decayed political system and trump thats right well i mean that there are a couple of ways to talk about it but you have to realize that populism which is an american invention well its used as a curse word you know by liberals in europe its an american invention and it d
A very important thing to offer people they ought to be a very important part of any democratic small d. Politicians. Offer to voters and you know and the fact that the Democratic Party in fact had nothing to say about it for the last 16 years this is a tragedy. Who are the new progressive leaders who will lead the post trump return to democracy and civility in america how will we restore our Democratic Institutions and rest back control of our economy and political system from corporate oligarchy what are the most effective tactics that will see a resurgence of grassroots populism to beat back the protocol fascist forces that have the country in a death grip how can we make sure demagogues such as donald trump are denied power d. D. Plan the editor of the nation in the next republic the rise of a new radical majority profiles. 9 activists including the labor activist jane mick alvey the mayor of jackson mississippi choke way and the environmental activist jane cleave who are battling
In london, Boris Johnsons plans to suspend parliament stoked no deal fears. Manus warm welcome to the show. There is only one thing that really drives the bond market, and that is trade and trade angst. If you look at the balance of scales of justice, in the past 24 hours, it comes down to mnuchin trying to steepen the curve and navarro keeping it real. There is not going to be anything likely quickly on trade , therefore we are flat. Nejra you certainly feel that pressure on the yield, hitting a record low. That is something that has caught our attention today, and i know its what you kicked off your data check with as well. Manus indeed. It is the white house really trying to have a go at controlling the yield curve . Thats what we need to ask. The 30 yield bond curve has spiked on the back of mnuchin talking about 100 year paper. The bottom line for the market as the tradings prevails, looking at dollar yuan, is anybody listening . Thats what we need to ask about dollar yuan. Yester