NAFTA negotiations are ongoing but could it effect the housing market? Brian Friedman talks to host Lindsay France with a surprising answers. Bianca Facchinei takes us to Europe as they look to alternatives to the IMF. Body brokers make millions from the sale of body parts and it’s all legal! Attorney Peter Mougey talks to us about this market and the non-existent regulation.
Well, it’s a great time to be a Wall street banker. Their pockets are a little bit thicker these days – the average bonus in the securities industry actually rose two percent in 2014 to almost $173,000. And that’s the highest it’s been since 2007 pre-financial crisis, when the bonus was at about $178,000. What’s so interesting about this is that bankers are seeing this raise despite the fact that Wall Street profits actually fell last year. Boom Bust guest host Ameera David weighs in.
Then, Boom Bust producer Edward Harrison is joined by Axel Merk – president and CIO of Merk Investments. Axel tells us why Germany benefits the most from quantitative easing and a weak euro. He also gives us his take on how QE will affect yields in Europe, small and medium-sized business, and the general real economy. Axel also weighs in on Europe’s new bail-in policy now being implemented in Austria with the bankrupt Hypo Alpe Aldria bank and its toxic loan portfolio, called Heta.
After the break, Edward sits down with Michael Hudson – distinguished research professor of economics at the University of Missouri, Kansas City. Michael tells us about the dire economic situation in Ukraine and who else besides the IMF can provide the country with funds. He characterizes the loans being provided to Ukraine as an exercise in looting that will not benefit the average Ukrainian, but result in an asset grab that benefits the select few.
And in The Big Deal, Ameera and Edward continue the discussion on Wall Street bonuses in a discussion about whether the high level of bonuses are a contrarian indicator that presages a top of the US stock market. They also discuss increased corporate stock repurchase activity as another potential contrarian indicator, with special focus on GM’s new $5 billion share buyback program. Take a look!
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
...
https://www.youtube.com/watch?v=WLM9PqxxRjQ
U.K. watchdog CMA fines Pfizer $106 million for extraordinary seizure drug price increases. Ameera David has he details. Then, Bianca Facchinei takes a look at the brewing fight over whether the AT&T-Time Warner merger should be approved by regulators. After, Alex Mihailovich joins from Toronto to discuss the Bank of Canada’s decision to leave interest rates unchanged and the hot housing market in the wintry northern country.
Following the break, Dr. Ron Paul tells Ameera why he thinks President-Elect Donald Trump shouldn’t be dealing with individual companies like Carrier and should instead be focused on broader economic reforms, including tax cuts. And in The Big Deal, Edward Harrison gives his take on the rise of part-time workers in the American economy, and why the focus on a single measure of unemployment (the U3 rate) is not adequate.
Take a look!
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
https://www.facebook.com/biancafacch
...
https://www.youtube.com/watch?v=QPXzknMzouI
The market is chugging higher today despite record COVID-19 cases and ongoing reports of hotspots in addition to shocking comments on US trade with China. Meanwhile, a growing list of companies have temporarily stopped advertising on Facebook, purportedly to combat the company’s failure to stop hate speech and disinformation and to show support for a movement called “#stophateforprofit.” Plus, European airline Lufthansa is facing turbulence in the midst of bailout talks with the German government and its shareholders as the pandemic continues to decimate the travel industry.
#BoomBust #QuestionMore #RTAmerica
Follow us on Twitter:
https://twitter.com/RT_BoomBust
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/
...
https://www.youtube.com/watch?v=qQZsrSrn9LE
Growing tensions between Iran and Saudi Arabia are sending a ripple effect across the markets, with global oil prices jumping. RT’s Manuel Rapalo discusses.
Then, Raoul Pal is back on the show. Raoul Pal is the founder of Real Vision TV. He tells Edward Harrison that he sees a recession in the US starting right about now. Raoul breaks down the real signs of stress in the global economy. Note, you can hear more of Raoul Pal’s thoughts along with hundreds of other excellent interviews and presentations by signing up for a free trial at Real Vision at www.realvisiontv.com .
After the break, Erin Ade talks to Dan Alpert, managing partner at Westwood Capital, about the US economy and why global equity markets are dropping precipitously right out of the gate.
Finally, in The Big Deal, Edward Harrison explains what these first 4 days of the year are telling us about where we’re headed in 2016.
Take a look!
...
https://www.youtube.com/watch?v=MSWF6Po4jzU
Oil and energy expert Chris Martenson talks to host Lindsay France as we examine China’s move to create a new petro-currency and take on the petrodollar. Tourism in Mexico is dropping as drug cartels escalates and increases the violence; Bianca Facchinei goes in depth. Want to get rich quick? RT correspondent Alex Mihailovich takes us inside the Chinese property market.
Follow us on Twitter:
https://twitter.com/RT_BoomBust
https://twitter.com/LindsayFrance
https://twitter.com/BiancaFacchinei
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
http://www.facebook.com/LindsayDaleFrance
...
https://www.youtube.com/watch?v=cknkeksFPk0
Hurricane Florence is almost upon us; to give us perspective on what this will do to markets we talked to Debbie Bloyd and Hilary Fordwich! Tech is always going to be big business; so we asked Holland Cooke what Apple’s got up their sleeve. And will internet access be possible in more rural areas? Steve Malzberg has some thoughts on the subject. Daniel Brito gives us an update on the president of Guatemala while Sara Montes de Oca keeps an eye on Hurricane Florence! [1154]
Follow us on Twitter:
https://twitter.com/RT_BoomBust
https://twitter.com/bartchilton?lang=en
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
...
https://www.youtube.com/watch?v=QopRbk_vbz8
Former French Prime Minister Francois Fillon pulled off an upset primary victory against Nicolas Sarkozy, shaking up the country’s presidential election. Plus, German Chancellor Angela Merkel announced that she will seek re-election in 2017. Edward Harrison has the details on both stories. Then, Bianca Facchinei takes a look at a new report saying Facebook’s profits could be negatively harmed due to the recent public focus on so-called “fake news.” Chris Versace, CIO of Tematica Research, then joins Ameera to break down some of the possible economic outcomes of a Trump presidency.
After the break, Jim Rickards, author of new book “The Road to Ruin,” discusses why believes the economic models the “global elite” subscribe to are wrong, and what this means for the world. Finally, in The Big Deal, Ashlee Banks sits down with Edward to discuss the future of the Trans-Pacific Partnership, as the Vietnamese prime minister says he will not submit the trade deal to his government for ratification.
Take a look!
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
https://www.facebook.com/biancafacch
...
https://www.youtube.com/watch?v=Ffz9jvzHlsI
The world might be inching closer to a COVID-19 vaccine as AstraZeneca announced regulators in the UK have started an accelerated review of the company’s potential vaccine. Meanwhile, the 2020 US presidential election has come to an end, and it has proven the most expensive in the nation's history.
#BoomBust #QuestionMore #RTAmerica
Follow us on Twitter:
https://twitter.com/RT_BoomBust
Check us out on Facebook -- and feel free to ask us questions:
http://www.facebook.com/BoomBustRT
Follow Christy Ai on Instagram: https://www.instagram.com/christai_ai/
Check out more from RT America!
Eat The Press:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQsuWo5sCat5spbo2Cqfskm
Dennis Miller Plus One:
https://www.youtube.com/playlist?list=PLagVUKF7CUTQFiMl7qOaZ9L0Zkq_b9RF-
Just Press Play:
https://www.youtube.com/playlist?list=PLagVUKF7CUTTuYcV8a3afYQ4pFBm50ZC9
The World According To Jesse:
https://www.youtube.com/playlist?list=PLagVUKF7CUTR4fIiDHxGpe38eAJWgzVQ8
Watching The Hawks:
https://www.youtube.com/channel/UCbiFt3UdxX7LxferwDmuegQ
The Big Picture:
https://www.youtube.com/user/TheBigPictureRT
...
https://www.youtube.com/watch?v=hcydXXgOhbA
Our lead story: Massive fines placed on foreign banks by the United States are garnering a lot of pushback from the international banking community. This comes after BNP Paribas agreed to pay the US government after conducting billions of dollars' worth of business with Sudan, Iran, and Cuba. All of which, are not on America's "good list." But the curious thing about this situation: isn't France supposed to be on America's "good list"? Erin takes a look.
Then, we discuss the implications of US actions on both international finance and the status of the dollar as the world reserve currency. We talk to Dr. Paul Craig Roberts to get his view on dollar hegemony and the power wielded by the US government. After the break, we talk to Barry Eichengreen on his views about this situation.
And finally in today's Big Deal, Edward Harrison and Erin talk about the 2014 BRICS summit. They look at how this meeting will affect international finance and the growing political power of these major emerging markets.
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
https://www.facebook.com/erinade2020
...
https://www.youtube.com/watch?v=7RmH24u0hgo