Bad news is the best possible news (E1497)
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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