can never do and that's time to market but i suspect that january was possibly the cycle high but the stock market and the we're going to continue to have one's the volatility genie is out of her bottle after the markets being as complacent as they've been on all of record keeping that we have on hand once that volatility is introduced you have to pick only seen the top of the market for stocks and now we're in the bumpy ride part of the transition that typically precedes a bear market is this going to happen before the march the twenty first i couldn't tell you i can tell you that the focus is going to be on jay powell when he puts in his initial testimony to congress on thursday the twenty eighth well let me ask you about him and about the poem see a meeting and i know that it would be unfair to there's so many variables between now and the meeting but. just say things were pretty much the status quo that there

were no no new wage numbers that surprised people and the c.p.i. didn't you know bugaboo again. if everything was like it is now do you think we would be looking at a rate increase at the march meeting and how much quarter of a percent so i'm going to give you a roundabout way of getting to my answer of absolutely had it been had it been alan greenspan had it ben ben bernanke had it been janet yellen on what jay powell first day of work was which witnessed a sixteen hundred point decline in the dow it ended up closing down twelve hundred any of his three predecessors would have come out and hit the panic button and said the federal reserve stands ready to act. you know we heard from jay powell nothing not one word so i think he's already starting to command a presence and he's also announced to the market that even if there is a major slide and stocks between now and march the twenty first that statement

being released he's still going to hike interest rates in march probably also in june ok well and you know we're we're taking notes every time we have you on danielle and we we don't call your answer will we know we were on the board thing i was going to say is we remember you're jay powell is not a janet yellen clone and so that goes to what you're saying now we'll see more of that in the testimony coming up and we'll we'll see of the poem see meeting in march danielle de martino both founder of money strong thank you so much for joining us again we sure appreciate it. thank you appreciate it. time now for a quick break but stick around because when we get back jeffrey tucker the editorial director at the american institute for economic research talks to us about crypto currencies plus the olympics are over will they have any lasting impact on relations with north korea and as we go to break but here are the numbers of the closing bell markets are all up.

with gold make this manufactured consensus still to the public well. when the ruling closest protect themselves. with the climate larry go around the sun be the one percent. we can all middle of the room sick. but politicians to do something to. put themselves on the line to get accepted or

rejected. so when you want to be president i'm sure. some want. to go on to be for us to see what the full story of the more people are. interested always in the waters in the. first city. i've played for many clubs over the years so i know the game inside out and. football isn't only about what happens on the pitch pull the final school it's about the passion from the fans it's the age of the superman each of killian erroneous and spending two hundred twenty million on one player. so it's an experience like nothing else i want to do because i want to share what i think what i know about the beautiful game played great so one more chance for.

a nice minute. on friday we were for the first financial stakeholders to cut ties with the national rifle association the first national bank of almost enterprise holdings parent company to the enterprise alamo and national car rental brands now car rental competitors hurts avis and budget also have ended their discount programs for n.r.a. members and air travel delta and united it had ended their discount programs united had been specifically discounting travel to the n r a's annual meeting other big names severing ties with the n.r.a. include the cyber security company semantic met life insurance and simplest safe home security. the supreme court heard opening arguments today in

a case that could deal a crushing blow to the public sector labor unions and the labor movement as a whole the case janice vs asked me local council thirty one could result in public workers who benefit from contracts to go shaded by unions no longer having to pay fees that are used to negotiate those contracts and represent workers the ruling in favor of the plaintiffs in the case could financially cripple public sector unions one of the few remaining bastions of organized labor in the united states labor was previously spared this blow when justice antonin scalia died which left an evenly divided court unable to set precedent in a similar case justice scalia had since been replaced has since been replaced on the court by conservative justice neil who in famously ruled against a trucker who was fired from his job after he nearly froze to death while

completing his job. krypto markets are on the rise again with the top ten coins all in positive territory monday bitcoin has spiked above ten thousand dollars to ten thousand three hundred in afternoon trading that's a gain of more than ten percent up more than nine hundred dollars and twenty four hours. so will kryptos take off like they did late last year here discusses jeffrey tucker the editorial director of the american institute for economic research jeffrey welcome back i want to get to your op ed in a minute but what do you make of these price moves. it's funny in the kryptos face when the president everyone's happy with their fall and everybody's sad you know we discuss these waves of emotion and it's all fun we all know where this is headed up up up when how much nobody knows for sure right now when you wrote this op ed i want to read part of it to our viewers so you can explain it. you might be living

in a time in which you will experience the end of central banking and perhaps even feel the currency and the replacement by a completely new system now you know deleted by question is a lot of times there's been sort of these out there statements jeffrey amy you have to admit on a bunch of things related to kryptos and i think if i had read this you know three years ago i would have thought you were you know. twelve but that it's worth discussing and i was a six one yourself i'm out yeah i'm actually believe it or not i'm actually a cautious writer i try not to say crazy things. but when i wrote that article i thought you know i just have to say it was true and what's true hair is that the central banking model is premised on two essential conditions one a complete monopoly over the money and two that all the money runs through the through the banking system and that it's controlled. from the center and so that's

why in this piece argued in the monopoly is essentially to end central banking and i think crypto can do that is just a much better technology and we're seeing that happen gradually in some places very fast in other places like venezuela which i think was the topic of that article well explained of that as well and model and what's happened there with the ball of our. well that's an interesting case because you have a government tried to implement socialism which ultimately comes down to printing money it's not a viable system and they destroyed the bowl of r. and the bowl of r. is just gone nuts right so you've got five digits six sometimes even by some estimates six digit inflation so it's not a useful currency anymore and a hard fork or occurred in the bowl over so now the hard currency is worth three times what the digital currency is you got arbitrage opportunity is there some people are selling their hard currency for the digital currency and pay their bills you know with the digital currency and pocketing the difference to it's just

complete character chaos and so now the government found itself in an awkward position it's like ok we destroyed the bowl of. the new currency so they came up with this fake crypto currency which they called the petro which wasn't really didn't really have a market valuation they floated and i see it just like they see everybody else doing in two thousand and seventy except they only as far as anybody knows the only buyer was actually the government itself and now they're forcing government owned the oil companies to do except that. it's something like a scam right but it's an interesting model for how how. government money system comes to an end. all right you know there's another thing that you said in the op ed jeffrey but it'll get us actually back to prices and moves today you follow these things so closely but you said in the article two

years ago bitcoin began to really catch on in the country but in two thousand and seventeen its popularity bumped into serious scaling problems that made it too expensive and too slow. for hand to hand used to explain what that problem is for us. well in two thousand and ten one of the. architects of between in this case a petition nakamoto actually imposed what one block block one megabyte limit on the block size and that wasn't a problem in two thousand and ten two thousand and eleven all the way until really essentially two thousand and seventeen when when when that when the currency really caught on and the network got so crowded that the miners were able to charge very high fees for sending or receiving which took away one of the benefits of i mean i was a kind of a i guess you could say an evangelist since two thousand and thirteen and my friends and i used to sit around and you know restaurants and sitting back and back

and forth to each other and just enjoying it you know the speed and the low cost of sending that all changed in two thousand and seventy in some ways it was a nice problem to have because that indicated the success of big client but protocol wasn't really prepared for the for the for the amount of network traffic it taste and so so this cheap fast model that we got used to suddenly was obliterated that caused a fork in the chain and suddenly big cash came about in august with an eight megabyte block size limit resolved all the scaling problems but in the meantime all these other competitors came along and now you look at the the market for crypto currency there's something like a thousand cryptocurrency is and if you look at the entire crypto asset sector bricklin itself constitutes only as of today thirty eight percent market capitalization so but you know this is not just

a reflection of decline success and actually in the mid haitians like i should say it's what it illustrates is that we're dealing with the technology of epic proportions and with so many different applications there's payment applications there's utility applications and very crucially there's security applications like to replace traditional ways of raising money for. in a crisis and that's why i think the real big ninety innovations are going to come and two thousand and late two thousand and eighteen two thousand and nineteen yeah i think word we are going to see some of that i noticed that we don't time to get into it now that switzerland has just put some protocols out for those initial claims offerings and i know that b.s.e. see here in the states is trying to figure out how they go forward it's going to be a process but at least it is doing so and jeffrey just before we go let me ask you you know now that we see prices again moving up and you're right everybody gets

excited do you think there's going to be some of this fear of missing out this with investors saying look if you're going to get back into kryptos better do it now before things before bitcoin gets to twenty k. or something. you know how it is i mean when the president. gets interested when they go down he would think well that's x. so this is why there's a tendency on the part of the investor community the amateur investor community actually the whole investor community to to buy and sell so if you want to make money in this space do the opposite you know but knowing what the opposite is is the trick and that really edgy smart. people with money well they always say buy the dip you have to buy the dip and not become a dip geoffrey barker the editorial director who had to bear the enterprises sorry jeff we got it got to run thanks a lot for joining us we'll have you back your time. it's my pleasure.

and before we go the winter olympics ended yesterday with hopes that the spirit of sport can help alleviate foreign policy tensions between north and south korea which fielded a joint olympic team tensions have been higher in the past year as north korea expanded its ballistic missile test and garnered a twitter war about the size of each other's nuclear arsenal between president donald trump and north korean leader kim jong il evoke a trump the president's daughter attended the closing ceremony and sat with the leader of a high level north korean delegation for those that watch the olympics and i did lots of it including the opening and then yesterday the closing ceremonies it's hard not to be hopeful we'll see if that translates into foreign policy as the beach boys sing wouldn't it be nice. that's it for this broadcast thanks for watching be sure to catch bone bost on you tube at youtube dot com slash boom bust

r t c m r. fifty years ago pregnant women to conjure gun as a sleeping pill does this is what i mean girls are two of us would share this thought the side effects were terrible but not all known as sean indulge one for boardwalk here not the war. across europe victims are starting legal battles demanding at least some compensation. in two ways first will the physical damage itself but as well there's a constant reminder that the people who actually perpetrate this crime has never been the justice and there's been a couple of. a batch or

sudden passing i've only just learnt you worry yourself in taking your last bang turn. your attitude up to you as we all knew it would i tell you i'm sorry but only i could so i write these last words in hopes to put to rest these things that i never got off my chest. i remember when we first met my life turned on each breath . but then my feeling started to change you talked about more like it was again still some more fun to feel those that didn't like to question our arc and i secretly promised to never be like it said one does not leave a funeral the same as one enters the mind it's consumed with death in this room to . speak to us there are no other takers. claimed that mainstream media has met its make. russia's been

reaching out for decades for years now under putin saying look we've got to trade more this more trade and america is like no no you're an existential crisis because we have to give these deadbeats in congress a lot more money if you're going to create a fake enemy called food that with demand three hundred million dollars meanwhile you go to trade with china and on the east and create a new silk road it become much for join a five point six billion dollar commie all america shrink. to. fill in the hyundai in a period of a bottle a saudi in china six oir get. an estimated eighteen thousand sins under each refugees are now living in greece. you know stormont the. whole idea of home in the euro food during. the many sell their bodies just to make ends meet. with them the second or the one the

second or you know all the sins in that there's a house full of this is you know nothing's. all there is to turn to dealing drugs to make a living what. the single is and love love love the little. game of that in.

the headlines in our to you terrorist shelter humanitarian corridor in syria. venting civilians from leaving the districts these are live pictures from the area . also to come israeli soldiers and up to predawn raid in the palestinian village arresting ten people including a fifteen year old boy awaiting surgery for severe head injury allegedly inflicted by the i.d.f. two months ago and environmental activists in the u.s. faces jail time and a hefty fine for copying microsoft software but he insists he was only trying to refurbish small pieces. i think it was helping people extend the life cycle of their electronics to combat planned obsolescence and to make sure that we keep as much working product out of landfills as possible.

hello welcome you with our international of this tuesday afternoon which just two o'clock here in the russian capital now our top story terrorists have shelled a humanitarian corridor which is just hours ago in the damascus suburb this was established to allow civilians to leave the war ravaged district of east and these are live pictures from the area the russian military says civilians are being prevented from using it because the shelling. reports now. no civilians have come out and the corridor that minutes after it was open area was five times and several syrian soldiers were injured snipers have also been firing at those trying to quarter. thank you bill why civilians are in use in this rout out. what is going to raise located just outside the syrian capital has been

occupied by various rebel groups and terror groups too for years it's the area in red there all the violence there has recently escalated with both sides accusing each other of targeting civilians the new humanitarian corridor or set up by russia is located in the our. camp there. to the north of the well the humanitarian effort to provide safe passage for those desperate to escape are being coordinated with the syrian red crescent buses and ambulances are on standby to evacuate evacuate civilians from the embattled area people inside the rebel enclave of being notified about the location of the corridor or via leaflets text alerts and megaphone announcements the state points have been set up to near the exit to help those in need of urgent medical assistance however despite these efforts it's fede civilians will be prevented by rebels from leaving the war zone what it can

see if expects. civilians dying they're dying from rebel shells from government bombs from bullets shrapnel and crossfire in damascus and in east ghouta the u.n. cease fire is dead on arrival no one stops shooting so the syrians are trying their own way humanitarian corridors backed by russia thousands of these leaflets being dropped over east ghouta by syrian helicopters there are instructions for civilians on how to get out of the war zone maps with arrows follow them if you dare women of all the jews and children reportedly going to need to be forbidden by local armed groups from leaving the area for security reasons they've done it before in aleppo is limited rebels wouldn't let anyone out

they shot at civilians trying to feed to government held areas they shelled humanitarian crossings and if you made it out that punish your relatives same story in ghouta this is being going on for years the evidence indicates that non-state armed groups in eastern guta and in particular josh islam are also responsible for inflating the price of food and other basic necessities they're arbitrarily restricting the movement of civilians wishing to leave and the ducting and arbitrarily detaining people. you'd think this is important right all those pundits and activists screaming about gouda and not once have they asked the pertinent question cannot have nothing at the top we welcome the security council's decision regarding a ceasefire because of the burden on our families and he said this suffering must be lifted to the decision to stop the bloodshed caused by the regime an ace in my

home and the alarm. when the regime is not abiding by the un resolution i cannot stand still and watch and defend myself and our families in good time why are they still there despite their access to the spokes person of the army of islam the jihad this group that holds east ghouta they have not asked him why his group is blocking woman and kids from leaving a war zone it's good press for him to stand there and complain that innocents are dying while meeting that they're dying big because his own rebel fighters won't let them leave the armed groups inside east ghouta will not allow those people to leave simply because they know they will be the next target after that it will deprive them from a very strong media arm because those civilian death among the civilian actually

created sympathy all over the middle east and all over the world i think human are you almost as you know a propaganda tools and these bloody war and in syria so with it will continue i don't believe it will stop but definitely with this according to your human humanitarian corridor or actually could do it use that human casualties among those people. well the corridor will be open until two pm local time then reopened to again tomorrow morning and we'll be keeping you updated on the situation in eastern guta throughout the day. israeli soldiers have conducted a pre-dawn raid on a palestinian village arresting ten people among them a teenage boy still recovering from an alleged gunshot wound to the head sustained during a west bank protesting months ago the raid was caught on video by one of his family members.

well ten palestinians were arrested by the i.d.f. in a pre-dawn raid five of them were mine is and among those detained was mohammad khatami meat who was seriously wounded after an israeli soldier fired at him with a rubber bullet back in december and now he is currently waiting for surgery to help restore part of his skull after it was removed in emergency surgery following that december incident. to learn with what i'm going to. the israeli army has confirmed that it a race to tell me overnighted says that the service was approved by an army physician and now after being arrested he was interrogated and has been

subsequently released during that interrogation it seems as if he was forced to say that he fell off a bike and when his head hit the handle bars that course the injury now his family has refuted this and in fact doctors have proven that the injury to his head was in fact caused by every other bullet he is the younger brother of tommy who is currently in detention awaiting trial off to slapping any israeli soldier who arrived at her home. now that was filmed back in december when soldiers arrived at the tommy home to a west mohammed naturally a who was extremely angry and her brother are regularly at protests and demonstrations with israeli soldiers there very often in confrontations. now an investigation into one of the worst cases of child sex abuse in the u.k.

is stalling due to a lack of qualified personnel you scandal centers around the search the exploitation of fourteen hundred children over the course of three decades in the british town of the room it was revealed that eighty percent of the suspected perpetrators were of pakistani origin. looks at why the investigation launched three years ago is failing to make progress according to this senior officer investigating the scandal one hundred more police officers are needed to uncover the truth so far police have managed to interview seventeen percent of the possible one and a half thousand victims due to a shortage in specially trained detectives. it's a really specialised area engaging and interviewing vulnerable victims a lot of our victims were children when they were abused but they're now adults and have associated problems as a result of that abuse including suicidal tendencies mental health issues drug and

alcohol addiction there were other and scandal led to a national outcry when the scale of the child abuse was first exposed back in twenty twelve two years later an independent inquiry found that for decades through systemic failures in policing and social services the sexual abuse of children went on right under the noses of the all thora tease gangs of men the majority of whom were of pakistani origin preyed on mostly white girls aged from eleven to fifteen many of the victims thought they were in relationships with their abuses when the crimes were uncovered local authorities in yorkshire where accused of failing to tackle the problem partly through fear of being branded racist on the part of the authorities in their cases they were actually saying that these girls made a lifestyle choice it's about the fact that the authorities didn't want to be.