Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
Everyone back from Davos – how’s the Fed feeling?
00:00 welcome
01:00 davos recap
29:00 fx
1:05:00 more biden documents
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WHAT ABOUT CHINA'S DEBT? THAT IT IS MORE THAN + 560% AGAINST ITS GDP 17.7T$ +/- BASED ON CHINA GOVERNMENT'S CLAIM THAT AGAIN CHINA YUAN IS TRASH UNDERSTAND?!!!!!!!!!!:) + EU IS NOT EVEN WORTHY TO TALK ABOUT ITS TREMENDOUS DEBT PROBLEMS FOR ITS PENSION + SOCIAL WELFARE PROGRAM + SOCIAL SAFETY NET ETC ETC!!!!!!!!!!:) AGAIN END IS END!!!!!!!!!!!!!!!!!!:)
AFTER LUNAR NEW YEAR HOLIDAYS IN CHINA ——– > THERE WOULD BE LOCKDOWNS IN CHINA AGAIN ——– > CHINA IS NEVER GOING TO FULLY OPEN EVEN AFTER 2030YR AS I'VE SAID MANY TIMES THAT IT IS JUST GOING EASING —— > CHOKING —— > EASING —– > CHOKING THAT AGAIN CHINA HAS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE!!!!!!!!!!!!!!!!!!:)
WHETHER YOU AGREE OR NOT ——– > THERE WILL BE THE BIGGEST EVER ECONOMIC ARMAGEDDON SINCE THE BEGINNING OF THE 20TH CENTURY COMING TO HIT THE ECONOMY THAT AGAIN IT IS TOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS THAT THE HIGH INFLATION IS COMING BACKT TO THE ECONOMY INEVITABLY BECAUSE CHINA USA EUROPE HAVE TOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO!!!!!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE LAST MOMENT OF US$ BITCOIN CHINA YUAN (+H.K$) EURO POUND STOCKS BONDS REAL ESTATE SECTOR THAT AGAIN USA CHINA EUROPE HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE THAT AGAIN ONLY GOLD + ENERGY ARE THE SAFE HAVEN ASSETS AND AGAIN IT'S A BIG TIME TO BUY YEN INTO THE RANGE OF '+68YEN' AGAINST US$!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AGAINST ALL OF WISHES ESP FROM THE WEST = USA + EUROPE ——– > AFTER LUNAR NEW YEAR HOLIDAYS IN CHINA ——– > THERE WOULD BE LOCKDOWNS IN CHINA AGAIN ——– > CHINA IS NEVER GOING TO FULLY OPEN EVEN AFTER 2030YR AS I'VE SAID MANY TIMES THAT IT IS JUST GOING EASING —— > CHOKING —— > EASING —– > CHOKING THAT AGAIN CHINA HAS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE!!!!!!!!!!!!!!!!!!:)
P.S THE REASON WHY GOLD PRICE IS GOING UP AND UP BECAUSE GOLD HAS NO DEBT!!!!!!!!!!!!!!:)
P.S AS I'VE SAID THAT THIS YEAR WE WILL SEE THE ENTIRE COLLAPSE OF THE CRYPO COINS LED BY BITCOIN THAT AGAIN THERE ARE + MORE THAN 71% OUT OF AGGREGATE AMOUNT OF THE COINS ARE BASED ON DEBT – MOUNTAINS!!!!!!!!!!!!!!!!!!!:)
AGAIN THIS YEAR 2023YR CHINA'S GDP GROWTH WILL BE AGAIN +3% +/- 0.5% THAT AGAIN THAT YOU CAN APPLY THIS TO EVERYWHERE INDEED THAT ——- > AGAIN 'WILL THE ECONOMY AND STOCKS DIVERGE'? ———— > MEANS THE TWO HIDDEN FACTORS ARE GOING ON AND ON IN THE STOCKS + BONDS MARKET THAT —— > 1. THERE ARE STILL TOOOOOOOO MUCH LIQUIDITIES BASED ON TOOOOOOOOOOOO LOW INTEREST RATE + 2 THERE ARE MORE AND MORE DEBT PROBLEMS MOUNTING AND MOUNTING IN THE FINANCIAL SYSTEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > MEANS IN TERMS OF MICRO ECONOMIC FACT THAT THERE WILL BE MORE AND MORE TERRIBLE EARNING REPORT COMING TO HIT THE STOCKS + BONDS + IN THE VIEW OF MACRO ECONOMIC FACTOR THIS YEAR 2023YR IS GOING TO BE MUCH MUCH MUCH MUCH MUCH WORSE THAN 2022YR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S IF SAUDI ARABIA INVESTS IN TESLA MEANS ———– > SAUDI ARABIA IS GOING TO MAKE A LOSS MORE THAN +90% OUT OF ITS TOTAL INVESTMENT INTO THE COMPANY!!!!!!!!!!!!!!:) IF SAUDI ARABIA REALLY WANTS TO MAKE A GREAT INVESTMENT FOR ITS FUTURE THAT SAUDI ARABIA SOVEREIGN FUNDS MUST GO FOR FOR TWO THE BIGGEST EVER PARADIGM CHANGING TECHS THAT ———- > 1. QUANTUM COMPUTING = THE ULTIMATE TECHS TO SOLVE ALMOST ALL OF DEBT PROBLEMS OF THE WORLD ECONOMY 2. FUSION ENERGY REACTOR = THE ULTIMATE GREEN ENERGY FOR ALL OF HUMAN BEINGS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AS I'VE SAID SINCE THE END OF 3RD Q OF 2022 THAT JAPAN STOCK MARKET IS GOING UP AND UP BECAUSE OF THE TRANSITION TIME FROM ' YEN CARRY TRADE ' TO YEN CARRY IN' JAPAN MEANS NOW AS YOU CAN SEE THAT MORE AND MORE YEN IS ESPECIALLY GETTING OUT OF USA + EU + CHINA BACK TO JAPAN MEANS AGAIN YEN HAS NO OTHER OPTIONS BUT GOING TO APPRECIATE AGAINST US$ INTO THE LEVEL OF + 68YEN THAT ———- > AGAIN BEFORE END OF 1ST Q BOJ IS GOING TO AGAIN TWEAK ITS YCC = 'YIELD CURVE CONTROL' BY + 25BP – +50BP AGAIN TIMING IS EVERYTHING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S THIS YEAR DO THE MATH THAT THERE WILL BE MORE AND MORE GEOPOLITICAL CONFLICTS ESP IN ASIA GOING ON AND ON THAT AGAIN!!!!!!!!!!!!!:)
AS I'VESAID SINCE DEC OF 2022 THAT IN 2023YR USA + EU GDP GROWTH WILL BE (-) GROWTH% AND CHINA GDP GROWTH BASED ON ITS STATISTICS WILL BE +3.0% +/- 0.5% AGAIN THAT ———– > THERE ARE MORE AND MORE FURTHER AND FURTHER DEBT PROBLEMS MOUNTING AND MOUNTING THIS YEAR THAT AGAIN TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
IN FACT NOW MOST OF PEOPLE'S SAVINGS IN CHINA (+H.K) ARE GETTING DOWN AND DOWN BECAUSE OF GETTING WORSE AND WORSE DEFLATIONARY ECONOMIC ENVIRONMENT MEANS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT BASED ON TOOOOOOOOOOOOOOOO LOW ITS INTEREST RATE THAT AGAIN DO THE MATH NOW CHINA 1YR LPR IS +3.6500% – ITS 10YR +2.9630% = WOW!!!!!! (-)68BP (= 0.6870)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
THERE IS NO MORE 'WEALTH EFFECT' IN CHINA (+H.K) ECONOMY THAT ———- > AGAIN THIS YEAR THERE WILL BE MORE AND MORE FURTHER AND FURTHER COLLAPSE OF CHINA (+H.K) REAL ESTATE MARKET THAT IT WILL BE DOWN BY ANOTHER (-)25% THAT AGAIN ———- > YOU CAN APPLY THIS TO EVERYWHERE INDEED THAT ——- > AGAIN 'WILL THE ECONOMY AND STOCKS DIVERGE'? ———— > MEANS THE TWO HIDDEN FACTORS ARE GOING ON AND ON IN THE STOCKS + BONDS MARKET THAT —— > 1. THERE ARE STILL TOOOOOOOO MUCH LIQUIDITIES BASED ON TOOOOOOOOOOOO LOW INTEREST RATE + 2 THERE ARE MORE AND MORE DEBT PROBLEMS MOUNTING AND MOUNTING IN THE FINANCIAL SYSTEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———- > MEANS IN TERMS OF MICRO ECONOMIC FACT THAT THERE WILL BE MORE AND MORE TERRIBLE EARNING REPORT COMING TO HIT THE STOCKS + BONDS + IN THE VIEW OF MACRO ECONOMIC FACTOR THIS YEAR 2023YR IS GOING TO BE MUCH MUCH MUCH MUCH MUCH WORSE THAN 2022YR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S AS I'VE SAID MANY TIMES SINCE THE END OF 3RD Q OF 2022 THAT THERE WILL BE MORE AND MORE PENSION FUDNS GOING TO INSOLVENCY ESP IN EUROPEAN ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) < ————– TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT = TRASH EURO + EU BONDS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
P.S THIS YEAR THERE WILL BE MORE AND MORE COUNTRIES BLOCKING TRAVELERS FROM CHINA BASED ON MORE AND MORE COMING GEOPOLITICAL EVENTS!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE LAST MOMENT OF US$ CHINA YUAN (+H.K$) BITCOIN EURO POUND STOCKS BONDS REAL ESTATE SECTOR THAT AGIAN IT IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE DEBT PROBLEMS FROM THE MOST TERRIBLE FINANCIAL ENGINEERING PROBLEMS SINCE 2008YR SO CALLED ' QUANTITATE EASING' = 100% DEFINITION OF THE MMT MEANS THERE IS NO SUCH THING TO SAVE THE DEBT DRIVEN ECONOMIES ESP CHINA USA EU!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
IT'S TIME TO PAY OFF THAT ———— > SINCE 2008YR SO CALLED ' QUANTITATE EASING' = 100% DEFINITION OF THE MMT MEANS THERE IS NO SUCH THING TO SAVE THE DEBT DRIVEN ECONOMIES ESP CHINA USA EU!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
ONLY GOLD + ENERGY (+YEN) ARE THE SAFE HAVEN ASSETS THAT GOLD PRICE IS HEADING TOWARDS ULTIMATELY FROM NOW AT 2K$ +/- TO +10K$ IN COMING YEARS + OIL PRICE IS GETTING BACK TO THE RANGE OF 130$ = 140$ BB/LS BECAUSE OF TOOOOOOOOOOOOOOOOOO MUCH LIQUIDITIES = TREMENDOUS DEBT + YEN IS GOING TO APPRECIATE AGAINST US$ EURO YUAN INTO COMING YEARS BECAUSE OF ITS YEN CARRY OUT TO YEN CARRY IN BASED ON ITS ULTRA SUPER LOW INTEREST RATE TO GRADUALLY GOING HIGHER AND HIGHER INTEREST RATE – HKING CYCLE!!!!!!!!!!!!!!!!!!!!!!!!!!:)
It is the Chinese New Year, not the Lunar New Year. Show some respect.