In this episode of Keiser Report, Max and Stacy look at the ghouls and apex predators at the top of the global financial system in which regulators allow only the predators a free rein to plunder, remove competition and just act plainly immoral. In a note to clients, Goldman Sachs warns curing diseases can be an unprofitable business, while in an interview on global television the US Secretary of Commerce, Wilbur Ross, looks on the bright side of the pandemic in China . . . it could bring jobs back to America!
In the second half, Max interviews David Morgan of TheMorganReport.com about his thoughts on the silver, equity and bond markets. They also discuss Boeing and the role of financialization in all but destroying a once great engineering company.
See Also: (Max Keiser) – Keiser Report: Bad news is the best possible news
In this episode of the Keiser Report, Max and Stacy look at the fact that bad news is the best news in terms of stock prices as investors bet on central bank intervention to bail out even the dumbest of mistakes, like Boeing’s ill-fated decision to fire more than a thousand aeronautical engineers as they financialized the company. In the second half, Max and Stacy continue their conversation about the Fed-driven economy that some are now calling a ‘Ponzi market.’ They also discuss when a biological virus turns into a financial pandemic.
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