it's not about cancer which is your bank j.p. morgan they keep feeding and sugar around cancer feeds on sugar and the central bank prints the sugar in the in the case of the free money and so they feed the cancer and you have millions of people on the street protesting you have all kinds of social unrest everywhere you have the global insurrection against banking occupation but the central. thanks keep printing sugar donald trump keeps telling the bank oh the stock market could be a lot higher if we lowered interest rates yeah i mean that was the strategy of vietnam was it that you could kill a lot more american soldiers if you drop more agent orange on them that's true but do you want to kill more american soldiers that's doesn't that seems counterintuitive so you know but. who knows what goes through that meat balls i don't know so over this hat pos 10 years however kaiser report has reported on this we have said that warned about this reporting the facts you know being the scientist who shows up at a nuclear meltdown and says

morgan because j.p. morgan was not putting neil's into the brain of people like these new people are doing they've got about 20 seconds they wanted to mention all of benny quickly tell us about that it's another colleague of us is in advisory board of the project is it beat it no journalist is mentioning it right now easing he got detention since 2 months in ecuador just for assessing encrypted devices on himself there is no proof against him they are they are just imprisoning aiding him just because they know that he was friends with julian assange and therefore they are keeping him inside for ever and ever without even a court case so free all of beanies went to look up and police have public good colleagues that actually have fought a good fight and are under attack and even imprisoned listen we've got to cut it off there thanks so much. for being on the cause. report cheers joe musto stacy thank you that's going to do it for this episode of the kaiser report with may max kaiser and stacy herbert i th

morgan who will be starting customer trials of its j.p. am quine by the end of 2019 j.p. morgan reports an increase in interest from global customers in the potential benefits of the bank's stable point and its capabilities in speeding up interfertile remittances as well as to be able to settle securities and bond transactions these trials for select customers are being conducted on the assumption regulatory permission will ultimately be granted secondly we have wal-mart the largest retail company in america is also diving straight into the world of block as its tiny subsidiary announced a partnership with the chain the chain will be providing the block chain infrastructure to track all the goods and wal-mart china supply chain the v. chain platform will initially be used by the food category tracking traceable fresh meat vegetables seafood and private labels in order to ensure food safety standards customers can acquire detailed information of the food products and where they were sourced processed inspected packaged etc just from scanning the product code the chain coin

morgan and blair that was actually what happened was j.p. morgan and the consortium of other banks didn't fact prop up the whole iraqi economy to the tune of about 2 and a half 1000000000 not 20000000000 other bit nervous that day then 6 months after he left office blair some a sign by j.p. morgan for $5000000.00 every year i was just trying to enlighten the public that there was corruption involved and not just bad decision making i'd like to find out how this. managed to access the coolant there must be a back door in because they don't want to tear time and there was a court room directly underneath the court room the player was in and it was left on not so i went through that run up 2 floors by the fire escape and then to the door of the court itself by this time my heart was pounding like a really going mad and i actually lost my courage for the moment i went and sat down in a low in a bathroom i found a gent's toilet there i did actually bring my mother and said listen i'm here in washington do you think i should still go when my mom s

clearly see that here on wall street and the dow jones industrial average for instance goldman sachs j.p. morgan being the leader of the pack and talking about the pick now we did finish not just the months not just the quarter but also the 1st half of the year and the s. and p. $500.00 in the 1st 6 months of $29000.00 gained about 17 percent and with that it's the best 1st half year on wall street since 1997 so in more than 20 years so now the hope is that all will go well with trade talks in japan and that also that the federal reserve will cut interest rates by the end of july and go to new york thank you. now to some of the other global business stories making the news as a bank could slash as many as 20000 jobs in an effort to stay afloat more than 20 percent of its global workforce that's according to the wall street journal. having has been telegraphing deep cuts but has yet to give numbers profits and share value have plummeted and torture in recent years lego may already own the rights to sell the london eye as a toy but now parent company is going to buy the real will lego owne

j.p. morgan,he fargo, bank of america, j.p. morgan is able to buy back $24.9 billion. in terms of the banking system. >> also the over capitalization of the banks. is, wek's stress test are asking the same economy questions that we have been asking the last 10 years. we have had this flight to quality in the month of may and $3 trillion in money market funds. you get into these stress like scenarios and here is fed allowing massive backs. joe: speaking of massive buybacks, news out from j.p. morgan on my screen, they are going to be buying back up to $29.4 billion worth of stock. they are also boosting dividends. investors, how important is this aspect of the equation? a lot of things in the yield curve. capital usage specifically, how much does that drive decisions? >> when they originally started ,o release capital, very tight but primarily in the buyback world, what a blessing. think of how much stock has gotten bought back at lower prices. let's not forget bank of america's example. we were talking about raking five dollars in 2012. stocks nowhere near that, but bu

winners and friday's trading session earlier the federal reserve announced that 16 banks including j.p. morgan bank of america and even beleaguered deutsche bank cleared the fed's annual stress test. and spec to you in new york good news for major banks and they're already making the most of those announcements. yeah you can definitely say so we already got major announcements for dividends and also for share buybacks in the billions goldman sachs for example is announcing it to increase the quarterly dividend by almost 50 percent and you could clearly see that here on wall street and the dow jones industrial average for instance goldman sachs j.p. morgan being the leader of the pack and talking about the pick now we did finish not just the months not just the quarter but also the 1st half of the year and the s. and p. $500.00 in the 1st 6 months of $29000.00 gained about 17 percent and with that it's the best 1st half year on wall street since 1997 so in more than 20 years so now the hope is that all will go well with trade talks in japan and that also that the federal reserve will cu

we talked last time you were here about j.p. coyne and how they are trying to broker international settlements between partner banks and we were a little bit warm on it and now there's also a competitor that's emerged international represented by some of the world's biggest banks. barclays. others announced the creation of us c. corning what do we know about. yes the u.s. equine is essentially the same thing the j.p. i'm quoting is they're not exactly ripping it off they've been working on this project now for about 4 years essentially of all these coins and again these are not crypto currency just to be clear so to the audience out there who who doesn't really understand the difference there is a big difference between digital currencies and crypto currencies and these are not crypto currency but in this case what the usa coin is essentially is going to do is it's going to allow for transactions through banking systems across borders that would be much faster and more efficient and have a lot more security to them than the curr

airline stocks are rallying as j.p.ts to another round of fare increases in the united states. american, southwest, delta and united continental all higher by 3% and in american's case nearly 7% and all of this coming on a day, by the way, when crude oil is up 2% to 3% >>> core is initiating coverage on uber and lyft with an outperform rating saying they're bullish on the ride sharing industry as a whole. both of those stocks up 2% now over to sue herera for a cnbc update. >> thanks, kelly here's what's happening at this hour, everyone house speaker nancy pelosi blasting president trump saying he, quote, does not know right from wrong, end quote. she was responding to an interview from abc news last night where the president said he would accept dirt from foreign governments on his political opponents. >> everybody in the country should be totally appalled by what the president said last night. should be totally appalled, but he has a habit of making appalling statements this one borders on so totally unethical that he

obviously, j.p. morgan has acted very well and it doesn't act well nows and the leader of the group and look at the xlf. >> they've split dan and pete and it's supposed -- >> no more fighting. >> i do own mastercard, by the way. >> congratulations. >> thank you it's been a long time. >> our next guest says if you're looking for value in the market there sea one classic group of safety trades about to shine carter is at the plasma. >> hi, guys, happy monday and there's a lot going on, of course, in the world of precious metals and alternatives like that there are a lot of dedicated etfs to gold, silver, some are triple witch leverage and so forth and its totality, the etfs have been net buyers of gold and net sellers of silver. we know year to date one is up 4.5% and one is down 4.5% and long term it's fairly epic, and i think that's an opportunity for the laggard silver working through some of the numbers. gold prices relative to silver at 26-year highs this is the sort of gold/silver ratio. it's rig

j.p. morgan says the trade war will hamper u.s. growth.ley's chief economist also forecasting a recession in nine months if trump raises china's tariffs to 25%. joining me now is luca paolini of pictet asset management. bonds were the one asset class that did not suffer. are you tempted to change relocation in favor of bonds over equities, given what we saw in may? luca: we moved to equities a couple of months ago with the expectation that earnings were a little bit too high. we are less convinced about bonds. evaluation is very unattractive. we feel the best time now is to cash. cash -- to be long our allocation is to be cautionary on equities but not dilution bonds. manus: good morning. the s&p 500 down 1.6%, second worst month since 1960. are you tempted after that drawdown, or do you think there's a better probability of perhaps a more substantive correction to come? it is difficult because it is all about the trade war. the tweet in the middle of the night can change everything. obviously, now, the news is negative. today it is india,

citi, j.p.n and bank of america have already warned of a possible trading owdown for that second quarter, as well, but morgan stanley did rise a fraction intoday's trade at $43.67. after theell, dave & buster's missed both earnings and revenue expectations. the entertainment company also fe short witomp store sales and it lowered its full-year revenue guidance in the process. sharesnitially plum ed in the after-hours trading tonight and did close in theegular session up nearly 2% to 51.53. p. morgan downgraded beyond ayat's stock to neutral from overweightg its price had exceeded wall street's estimates. the stock has surged more than 600% from its $25 perhare ipo price. as a result, a research firm report said that short sellers have lost more than $400 million betting against that stock. after todas downgrade, though, shares tumbled by 25% to 126.04. first nd meat is not the stock to skyrocket to levels that make analysts andinvestors uncomfortable and it won't be the last, either. more recent

of trying block chain not big coin he capitulates and what does he do he issues his own all to coin j.p. morgan coin as i've been saying you don't change but coin bitcoin changes you so jamie diamond started off as a critic as a big coin basher now he's trying to imitate bitcoin he realizes he can't beat it he's trying to join it i remember i talked about that closed permission system of the central banking fee system and their member banks well j.p. morgan is the number one member bank of that system and who is the central bankers central bank and that's the bank of international settlements so now that they see their members and their permission to network starting to break off and see the glory of because now they're starting to really basket big quince proof of work algorithm needs replacing argues b. i guess study the proof of work p.o.w. algorithm used by because in some other crypto currencies is not viable in the long term they said it needs to be replaced argues a new study from the bank of international settlements because it is vulnerable to double spending or a 51 percent at

of trying block chain not big coin he capitulates and what does he do he issues his own all to coin j.p. morgan coin as i've been saying you don't change but coined bitcoin changes you so jamie diamond started off as a critic as a bit coin basher now he's trying to imitate bitcoin he realizes he can't beat it he's trying to join it i remember i talked about that closed permission system of the central banking fee system and their member banks well j.p. morgan is the number one member bank of the.

a new innovative start of something more exciting and then you get are 3 my god that's like the big j.p. morgan write. about really a little bit about arthritis on addiction right before all 3 and now blocked chain and what they're doing to be innovative they took mike. they hired him they offered him oversee a very competitive package compared to what he could get. but that's my guess. and right before he left he puts a blog out there saying has failed it's over now the real story is transaction volume is going higher than ever there was a conference call skating big going and all the miners all the developers got together you were there together i was there and they put together incredible solutions with some of the greatest minds and togaf in the world yeah of how they're going to scale because we're now a phase where this is really big but my current wasn't there he didn't attend. he had tried the queen x. he wanted bigger block size because remember we enter 2016 with all the banks entering this space as block chain not big queen and there are some people in the big clean community

not 20000000000 other bit nervous that day then 6 months after he left office blair some a sign by j.p. morgan for $5000000.00 every year i was just trying to enlighten the public that there was corruption involved and not just bad decision making i'd like to find out how this. managed to access the coolant there must be a back door in because they don't want to tear time and there was a court room directly underneath the court room the player was in and it was left on not so i went through that run up 2 floors by the fire escape and then to the door of the court itself by this time my heart was pounding like a really going mad and i actually lost my courage for the moment i went and sat down in and in a bathroom i found a gent's toilet there i did actually ring my mother and said listen i'm here in washington do you think i should still go when my mom said you're gone you won't get another chance and i thought that's it i mean the man or. sustained. that hope has 2 beautiful daughters anger and courage anger at the way things are and courage to see that they don't remain the way they

years of trying block chain not big coin he capitulates and what does he do he issues his own all coy j.p. morgan coin as i've been saying you don't change but coined bitcoin changes you so jamie diamond started off as a critic as a big claim basher now he's trying to imitate bitcoin he realizes he can't beat it he's trying to join it i remember i talked about that closed permission system of the central banking fee system and their member banks well j.p. morgan is the number one member bank of that. system and who is the central bankers central bank and that's the bank of international settlements so now that they see their members and their permission to network starting to break off and see the glory of big oil now they're starting to really basket big quince proof of work algorithm needs replacing argues b i s study the proof of work p.o.w. algorithm used by because in some other crypto currencies is not viable in the long term they said it needs to be replaced argues a new study from the bank of international settlements because it is vulnerable to double spending or a 51 percent att

stock was up 500% after getting a downgrade at j.p. morgan today. easterlyin' vestor will join us next and later, much more from our exclusive coverage of the code conference out in scottsdale, arizona. don't go anywhere. we're back after a quick break johnson & johnson is a baby company. but we're also a cancer fighting, hiv controlling, joint replacing, and depression relieving company. from the day you're born we never stop taking care of you. we like drip coffee, layovers- from the day you're born -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. >>> nick cooney from lever vc. thank you for joining us today, nick what do you think of the valuation of beyond meat right now? >> it is certainly a phenomen

losses there one specific notable fall was for airlines down more than 2 percent earlier this week j.p. morgan notably lowered their year end target price for that market by 9.8 percent moving to brazil and following the regional trend is also down at the end of the week after setting a record high above 103000 points last friday following back this week low inflation and optimistic comments from president about his pension cuts package moving fairly quickly through the block the brazilian congress helped keep that slide from going too far also in the j.p. morgan assessment i mentioned earlier that i will vesper was the only exchange in the region to see its year and price target increased coming to the want to stock markets the nasdaq down with and want to see flat some recovery earlier today and those markets were on reports of possible progress on the u.s. china trade dispute the trump meeting in osaka this weekend but not enough to make up for summer and p. and nasdaq and finally the ts in toronto also down for the week completing the turning the americas. g.d.p. growth april repor

the city council says it will be investing in more cameras says the council for safety and security j.p. smith. sizeable chunk about 30000000 this year for c.c.t.v. cameras so we'll be accelerating the c.c.t.v. rollout. but not everyone's happy with the plans 40 minutes east of the city center lies one of south africa's biggest townships it's home 240-0000 people the area is one of cape town's crime hotspots. but despite that it is not set to receive any new cameras much to the strain of local community development leader bikini cheadle. of cape town. or from them if it's good for. surely. it's good for the. surely too good for too but does the city really only care for its affluent areas it could be a question of politics cape town is run by the da south africa's main opposition party but some of the city's warts such as a government by the a.n.c. . currently has the highest number of c.c.t.v. cameras in cape town a total of $32.00 more i need it but the city says that that is the ward council its responsibility for in years when i don't have a lot of money for c.c.t.v. the only camera

bank j.p. morgan meeting with the president on friday but the topic was partly about not so much china a bit more what happens to the free trade agreement with canada and mexico and so the businessmen they were pushing hard at the president or dragging to make a case how dangerous it would be to impose tariffs for example mexico is that this would really be hurtful to the u.s. economy when it comes to china the u.s. president does not seem to be in any rush to get a deal done and here we have 2 topics on the table one question is will the terrorists that are already in place be dialed back if there should be a deal with china and the other question is if there might be even a new terrorist but we will have to wait and see till the g. 20 meeting at the end of the month so this story develops. but that's not the only thing that markets are waiting for of course next week also promises to be a big week for the markets with all eyes on the federal reserve what do you think is expected. yes on wedne

now a quick check on business flash headlines and j.p.n is closing its bank after rolling out the brand nationally. [indiscernible] j.p. morgan found millennials aren't wanting a separate digital experience. accounts will be closed and the money transferred to chase checking and savings accounts. former hewlett packard had meg whitman was accused of trashing the reputation of autonomy founder mike lynch without understanding what had been committed. she clashed with his attorney during a second day of testimony at the $5 billion trial. lynch was fired before the money was uncovered. and an american supply-chain drying up huawei. the chinese tech giant has hired thousands to develop around-the-clock to [indiscernible] added huawei to a blacklist of companies that block it from buying american software and components. that is your business flash update. romain, amain, -- half in u.k.,der, joining the british team as a skateboarder. it is making skateboarding and olympic results. [speaking simultaneously] joe: i was only impressed when i tho