[84] Bitcoin is maturing: Patrick Byrne & Jinyoung Lee Englund on the cryptocurrency
Our lead story: What is insider trading 2.0? It's a term that New York State Attorney General, Eric Schneiderman coined on Tuesday to describe high frequency trading. Erin brings you the details.
We sit down to talk about Bitcoin with Patrick Byrne, the CEO of Overstock.com and Jinyoung Lee Englund, the Director of Public Affairs at the Bitcoin Foundation. Byrne talks about the role Bitcoin has played in Overstock's business, and Lee Englund discusses the latest news in the Bitcoin community.
For today's Big Deal, Edward Harrison sits down with Erin to chat about tech news. They hit on Mohamed El-Erian on Twitter, Alibaba on the NYSE, and wearable tech.
Facebook and Starbucks are making moves, but the UK and the EU are going to push back; Hilary Fordwich tackles the subject with Bart Chilton. Amazon is looking to deliver to cars know so Lauren Fix is back to shine some light on the car scene. Wells Fargo is staring down a $1 billion dollar fine, but what brought them to this situation? David Merkel is back to explain to Bart what one of the ‘bad boy banks’ has been up to .That and more on Boom Bust! [1067]
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Bentley University Professor Scott Sumner gives his opinion on how to help the Eurozone and what he would change about Japanese economic policy.
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China says it will eliminate 1.8 million jobs in the coal and steel industries and Citigroup received a subpoena over its possible involvement in the FIFA scandal; Ameera David weighs in. Then, Bianca Facchinei takes a look at the recent clashes between refugees and police on the Greece-Macedonia border. Afterwards, Ameera sits down with Karl Denninger – owner of Market Ticker – to talk about Apple and Samsung.
After the break, Ameera talks with Jim Rickards – editor of Strategic Intelligence and author of “The New Case for Gold” – to talk about negative rates and they’re impact on gold. And in The Big Deal, Ameera and Edward Harrison discuss investments in a weakening global economy.
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The Reddit-fueled GameStop stock saga is taking center stage in Washington and the key players testify in front of the US Congress. (0:53) Plus, Facebook is restricting the sharing of news stories on the social media site in Australia. Meanwhile, Saudi Arabia is planning to ramp up oil output, but how would the move affect prices in these turbulent times? (18:41)
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NO show does it like this. It’s TIME TO DO NEWS AGAIN with Rick Sanchez
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Steve Malzberg sinks his teeth into the slander, hypocrisy, bias and lies of MSM. MMM…Delicious! Eat The Press: http://bit.ly/EatThePress
Candid conversations with the most outspoken guy in Hollywood! Dennis Miller + One! Dennis Miller Plus One: http://bit.ly/DennisMillerPlusOne
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Global markets continue to surge for the second day in a row on stimulus hopes and investor optimism, but is the growth here to stay? We analyze the state of the international economy and what the future has in store. Plus, as business continues to slump amid the COVID-19 coronavirus outbreak, U.S. businesses are lining up for a bailout, including some major titans of industry. In this episode, we take a look at Boeing's plan for after the pandemic and what terms it may have to meet in order to reap benefits.
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With only two weeks left until Greece’s current bailout program expires, Eurozone finance ministers will take another stab at hammering out a deal between Greece and its creditors on Monday. The talks on Monday are key because they’re the last chance for the new Greek government to ask for a technical extension of its current bailout program, which runs out on February 28th. Erin weighs in.
Then, Erin is joined by Marc Faber – editor and publisher of the Gloom, Boom & Doom Report and director of Marc Faber Ltd. Marc gives us his macro view on China and the industrial commodities space. In China, Marc believes the real GDP growth rate has slowed to 4%. On the commodities side of things, he believes that the high cost of production will eventually lead to a price resurgence. But he says there will be pain in the short run. Faber also opines on the expensive US market, IPO foibles and the increase in bonds carrying a negative yield. His biggest warning is a 50% correction in shares.
After the break, Boom Bust Producer Bianca Facchinei sits down with DC Council Chairman Phil Mendelson to discuss how a government spending bill has halted Initiative 71 – a ballot initiative on legalizing marijuana in the District of Columbia – from proceeding, even though voters already approved of it.
And in Defining Moments, our guests give us their takes on oil, Greece, and quantitative easing. Guests include Steve Keen, Richard Werner, Frances Coppola, Reggie Middleton, John Brynjolfsson, and Jim Pearce. Take a look!
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As the UK prepares to leave the European Union, German Chancellor Angela Merkel mirrors other leaders in Europe, saying she will broker no special favors for the UK over the single market. Ameera David has details. In the UK, the question now is who will replace David Cameron as Prime Minister. RT correspondent reports on the latest from London. Then, Boom Bust’s Bianca Facchinei reports that German carmaker VW will settle its diesel emissions case in the US. Afterwards, RT Correspondent Ashlee Banks details worries that the Olympic Games in Brazil could turn out to be a major flop.
After the break, Ameera talks to Chris Versace, the Chief Investment Officer at Tematica Research and Co-Author of “Cocktail Investing” about the financial implications of the Brexit vote. And in the Big Deal, Ameera continues the conversation about the repercussions of the Brexit vote with Edward Harrison.
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The prime minister of Iceland resigned and a US court officially signed off on an oil spill settlement with BP; Ameera David weighs in. Then, Marina Portnaya reports on how the Panama Papers could impact Miami’s luxury housing market. Afterwards, Bianca Facchinei takes a look at how Italy is responding to a greater influx of refugees.
After the break, Ameera sits down with Richard Wolff – professor of economics emeritus at University of Massachusetts, Amherst – to talk about the Panama Papers and US economy. And in The Big Deal, Ameera and Edward Harrison discuss global growth.
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Welcome back to the new normal. The S&P 500 smashed it's own ceiling today -- closing at all time highs. And Google pierced the one-thousand-dollar veil -- looking all shiny and new. But it's not just earnings season -- or America's favorite Panda -- that's boosting risk-assets up the wall-of-worry. Yes, we channel Jon Hilsenrath.
Then Bob speaks with Chris Martenson, owner of Peak Prosperity.com, at the Casey Research Summit (http://www.caseyresearch.com) about the asymmetrical Fed policy. The Fed buys high and sells low as part of QE. But how does this work -- or not work -- in reverse, when the Fed begins its exit strategy?
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