April 5 (Bloomberg) — Jack Ablin, who oversees $55 billion as chief investment officer at Harris Private Bank, talks with Bloomberg’s Lori Rothman about U.S. companies’ stock buybacks and the equity market’s performance. (This report is an excerpt. Source: Bloomberg)
Duration : 0:2:4
http://www.elliottwave.com/s.asp?url=/&cn=yt
Watch Robert Prechter on Bloomberg TV on the 20th anniversary of the 1987 stock market crash predict what is unfolding before our eyes today. An uncannily accurate forecast from the man that forecast the 1987 stock market crash.
Why would anyone think that the Fed’s actions have any influence whatsoever on the trend in the stock market?
The Fed has similarly cut the discount rate twice in recent months, and on all occasions (Sept. 18, Oct. 31, Jan. 22, Jan. 30) the stock market immediately rallied… only to see prices give back those gains and more, within a few short days or weeks.
Mind you, these are recent and relatively minor instances. There are longer-term examples that unfolded for years, such as the Fed’s historic campaign in 2001-2002 that saw a DOZEN rate cuts, during which time the S&P 500 lost HALF of its value.
More dramatic still was the Bank of Japan’s campaign that took rates to virtually ZERO for entire decade, even as their Nikkei stock index declined and/or languished over the entire period.
There’s nothing new about this information — we’ve spelled it all out before, as recently as Bob Prechter’s Nov. 27 and Jan. 24 appearances on Bloomberg television.
Watch Prechter on Nov. 27: http://www.youtube.com/watch?v=WJnMia2rARI
With charts and facts, Bob showed how powerless the Fed really is; he also reminded the audience that “People should be careful of what they wish for when they ask for lower rates.”
Yes, the financial establishment labels Bob Prechter a contrarian. But, what does it say about that establishment’s state of mind when arguments based on facts and evidence make a person “contrary”?
All the charts Bob included in that interview — in fact, everything he said at the time and more — is in the current Elliott Wave Theorist and Elliott Wave Financial Forecast. See it all on your computer screen in minutes, via the fast link below.
http://www.elliottwave.com/s.asp?url=/&cn=yt
ADD TO YOUR FAVORITES! EMAIL THIS VIDEO TO FRIENDS!
Duration : 0:7:7
March 8 (Bloomberg) — Puru Saxena, chief executive officer of Puru Saxena Wealth Management, talks with Bloomberg Television about the impact of global central bank monetary policy on commodity markets. (This is an excerpt of the full interview. Source: Bloomberg)
Duration : 0:0:38
Jan. 28 (Bloomberg) — Shaun Rein, managing director of China Market Research Group, talks with Bloomberg’s Bernard Lo about China’s residential and commercial property markets, and government policy on bank lending.
Rein, speaking from Hong Kong, also discusses the outlook for the yuan. (Source: Bloomberg)
Duration : 0:6:2
Every week Max Keiser looks at all the scandal behind the financial news headlines.
This week Max Keiser and co-host Stacy Herbert name the top five themes to look for in 2010: the second leg of the financial crisis; crime will continue to pay; sovereign debt crises, real wars and fake wars. Keiser also speaks to Icelandic activist Johannes G. Skulason about his campaign to thwart the efforts by the UK and Netherlands to force citizens of Iceland to pay for the crimes of their banks.
Duration : 0:27:29
OVER 100 MORE examples of Fox News Bias at http://www.youtube.com/view_play_list?p=A3BD2524FE99BD4D
When Fox News business anchor Jenna Lee reported on the surge in the stock market during the first year of the presidency of Barack Obama, the biggest stock market gain in a president’s first year since before World War II, I knew Fox News would find some way to turn this good news into bad news for Obama and I was not disappointed as I show in this video.
The clips of the analysis from Fox News business anchor Jenna Lee come from the program “Happening Now” broadcast January 20, 2010 (which I have not been able to find online).
The clip of Obama Administration senior advisor David Axelrod comes from MSNBC’s program “Hardballl with Chris Matthews” also broadcast January 20, 2010, available online at http://www.msnbc.msn.com/id/34962467
The clip of Time editor-at-large Mark Halperin comes from NBC’s “Meet the Press” broadcast January 17, 2010, available online at http://www.msnbc.msn.com/id/34906750
The clip of Fox News anchor Trace Gallagher comes from the program “Live Desk” broadcast January 21, 2010 (which I have not been able to find online).
Duration : 0:6:18
Future of banking after the credit crunch and sub-prime crisis – impact on global economy. Meltdown of financial markets. Fire sale of banking assets after mark to market tests. Capital adequacy, bank solvency and capital injection with partial nationalisation. Global chaos in banking and economic outlook for emerging economies / developed economies. Impact on banking profits from global economic chaos, recession and collapse in bank share prices. Retail banking, corporate banking, wholesale banking and investment banking will become profitable again. Economy Video by keynote conference speaker Dr Patrick Dixon . The banking crisis will lead to further consolidation, cuts in retail outlets and staff redundancies. This will remove competition from the market and allow greater profit margins over things like commercial loans and mortgages or current account bank charges. Coupled with cost-savings, this will result in healthy profits in future. Banking share prices are in turn likely to show recovery, which could also mean that the end cost of expensive government rescue packages may be less than feared, if they involved providing banks with equity in return for shares. Taxpayers may actually make a gain from their public ownwership of slices of banks. While huge remuneration for CEOs and Chairman of banks will come under scrutiny, and while regulation will be stricter, we can expect rewards for the most skilled bankers to once again be very generous. Interest rate cuts will also help banks indirectly by stimulating the businesses they lend to and helping to take the edge off a long recession.
Duration : 0:7:36
Asian shares edged higher Wednesday while global inflation and recovery worries pushed gold to another new high.
Gold hit a new record while crude prices also rose to near $80 a barrel.
In Hong Kong banks jumped as Chinese and U.S. regulators negotiated a pact aimed at encouraging Mainland institutions to buy into small and medium-sized U.S. banks.
China Mobile rose as the world No.1 by subscribers and is set to carry Dell’s smart phone products in the Mainland later this month.
Japan’s Nikkei came under pressure with banks lower ahead of earnings news from giant Mitsubishi UFJ.
Shares of embattled Japan Airlines tumbled to the lowest level since a re-listing in 2002, after the nation’s transport minister said he had not ruled out a court-led bankruptcy.
The debt-laden JAL has fallen over 40 percent since mid-September amid measures to keep loss-making carrier operational.
Duration : 0:1:6