max is that government spending by deaf. emission is part of g.d.p. if a government pay people to spend it at the moment it would it would go into g.d.p. bombing dropping bombs in afghanistan goes into g.d.p. there's nothing crater of the there is no chronic here there is no benefit of any kind to dropping bombs in afghanistan what as a for unicef government spending adsit g.d.p. it's all bogus we've got these bogus g.d.p. numbers we've got a shoes and. out out of out that was due we're where they add the benefit of a free checking account. every g.d.p. report they figure out how much stuff you've got for free from banks that are making interest on your money by loaning it out paying you negative or zero interest and they're saying well you've got a benefit to the free checking account but really it's a benefit the bank all of this stuff it's not g.d.p. max it's grossly distorted procedures that's what i think it ought to stand for yeah area mass of course the people of houston are certainly glad to say those us government red cross after saving them

no not all that wrong wrong wrong wrong and you can't make all right max e.t.f. is an exchange traded product we have a patent because what we did is we bridged the two worlds with the p.m.c. ounces it's we did not take the delivery bullion and melted into a franken corner because that would destroy american cars because it's a get out not because. it's the real thing and we it's still in good delivery form so what we have is a major inventory of gold silver platinum palladium bullion and good delivery for right we know what that means bars from the b.m.a. approved refiners. in a non-bank depository and as a client acquires the p.m.c. ounce more metal goes into that the depository then records the ownership of that amount of metal that the person bought based on the number of all things service absolutely by dishonest ratio absolutely said it was most it's equally divided between the four metals based on the weight or price is based on weight each p.m.c. ounce is always the same fixed fractional amount of gold silver platinum palladium so the physical composition

they're clear and obvious just as the housing bubble was clear in august when it turns down though max i don't know. but i think you are saying there's a bit of an illusion going on here now a topic you've been covering for a few years now i think you were the first in the blogosphere to really take your sink your teeth into this topic has to the robots when all the truck drivers and all the minimum wage workers are replaced by robots g.d.p. could boom you know actually so booming g.d.p. doesn't necessarily mean a country will experienced ability or safety of the for the few who are enjoying the gains mess in other words robots superficially could add to g.d.p. in another a limited jobs your thoughts this is what the first brought upon themselves by losing money they made it cheaper and easier for companies to. invest in robots and replace workers they want to drive up the minimum wage were driving up the minimum wage is going to do nothing but try and get mcdonald's and and grocery stores and everywhere else to get rid of workers i was a meyer food store here i don't know if you have

thirty pretty cents apiece and it's going to create out of max or underage jobs and they're going to great twenty four million pieces a year amazing this stuff is coming through fred has been about wanting to see improved productivity well this is going to do it driverless cars are going to do it but this is all of the place where these are price deflationary measures so you've got the fed trying to force prices up you've got globalization robots trying to push them down the fence fighting a losing battle and blowing bubbles doing it and when the boat pops that's going to be deflationary to max well it's a lot of t. shirts and of course time is a lot of cotton and america is going to raise in cotton pickin cotton jodan turn around pick a bale of cotton it's one of the songs of the south that made america great again a couple hundred years ago so what about slave labor i mean they legislators in congress have made it possible now to hire prisoners to work on cotton plantations as slaves and there's a big demand for slaves not america and nobody seem to think that's a bad idea and the

thirty pretty sense of pace and it's going to create out of max or underage jobs and they're going to great twenty four million pieces a year amazing this stuff is coming through fred has been about wanting to see improved productivity well this is going to do it driverless cars are going to do it but this is all of the place where these are price deflationary measures so you got the fed trying to force prices up you've got globalization robots trying to push them down the fence fighting a losing battle and blowing bubbles doing it and when the boat pops that's going to be deflationary to max well it's a lot of to shirts and of course i means a lot of cotton and america is going to raise in cotton pickin cotton joe dunn turn around pick a belly cotton it's one of the songs of the south that made america great again a couple hundred years ago so what about slave labor i mean the legislators in congress have made it possible now to hire prisoners to work on cotton plantations as slaves and there's a big demand for slaves not america and don't seem to think that's a bad idea and the cops

and seventy eight with the veronica bodhi was you know not enough to wear white after labor day i am max kaiser this labor day somewhere if not in this galaxy than some other galaxy so they got chorus you know the segue to the eighty's got even worse with m.t.v. because. rock n rollers who are unattractive became rock n rollers to have sex but then m.t.v. came around and you had to be beautiful to be a rock n roll star and that like groups like steppenwolf those guys never had sex ever again ok well those are crazy theories this is sky's report markets finance scandal i'm going to talk about the markets and the market was that we became unlinked from gold there was no longer a global gold standard the u.s. could therefore just export all your jobs without any sort of concern whether or not they we ourselves here in america were producing any goods in order to keep our balance of trade in such a manner that we weren't shipping all our gold to france i mean we were sharing is absolutely true but the reason why it falls on deaf ears is because if you listen to what say national public radio

it's it's really tiring here max that created these bubbles they don't even see the bubbles that they have created yet they are clear and obvious just as the housing bubble is clear and obvious when it turns out no max i don't know but i think you are saying there's a bit of an illusion going on here now a topic you've been covering for a few years now i think you were the first in the blogosphere to really take your sink your teeth into this topic has to the robots when all the truck drivers and all the minimum wage workers are replaced by robots g.d.p. could bloom you know actually so booming g.d.p. doesn't necessarily mean a country will experienced ability or safety of the for the few who are enjoying the gains mess in other words robots superficially could add to g.d.p. in another a limited jobs your thoughts this is what the first brought upon themselves by loosing money they made it cheaper and easier for companies to. invest in robots and replace workers they want to drive up the minimum wage will driving up the minimum wage is going to do nothing but try and get mcdonald's an

seventy eight but veronica bodhi was you know not enough clothes to wear white after labor day i am max kaiser this labor day somewhere if not in this galaxy than some other galaxy so then of course you know the segue to the eighty's got even worse with m.t.v. because. rock n rollers who are unattractive became rock n rollers to have sex but then m.t.v. came around and you had to be beautiful to be a rock n roll star and that like groups like steppenwolf those guys never had sex ever again ok well those are crazy theories this is kaiser report markets finance scandal i'm going to talk about the markets in the market was that we became unlinked from gold there was no longer a global gold standard the u.s. could therefore just export all your jobs without any sort of concern whether or not they we ourselves here in america were producing any goods in order to keep our balance of trade in such a manner that we weren't shipping all our gold to france i mean we are hearing is absolutely true but the reason why it falls on deaf ears is because if you listen to what say national public radio o

yes i mean i think max is absolutely right to say that what's happening to isis has not received the attention it deserves and that they have suffered setbacks and in particular with the caliphate looking like that's not going to happen recruitment is down i think that's all to the good and i think max would also agree that what's going to happen and we've seen this already from isis is that they're going to evolve into a more traditional if you will terror group where the emphasis won't be on taking and holding territory which is what it has been which was their great innovation as it were but rather sort of traditional attacks we saw this in co body when the kurds kicked. out of co bonnie what did they do they responded with a truck bomb and then elsewhere in iraq and around one slave last territory they've moved to terror acts so i do think i think max is absolutely right the key is hurting these organizations so that they are not capable of carrying out larger mass casualty attacks but in the near term i do expect an increase in terrorism traditional terrorism from isis as they d

and injuring dozens so how has terrorism changed after nine eleven to tell us more we're joined by max abrams assistant professor of political science northeastern university in boston from beirut via skype joseph kitchen senior fellow at the king faisal center in riyadh jim walsh senior research associate with mit security studies program he's also in boston a very warm welcome to the show every one of you jim walsh how crucial was nine eleven to the security or lack of security we seeing today. well i think it certainly for the u.s. government has fundamentally framed virtually everything going forward it was one of the most traumatic events in post-war u.s. history obviously it led directly to the invasion of afghanistan and then later indirectly to the invasion of iraq so it's really meant a great deal both emotionally but also politically and in terms of foreign policy it has been the shaping event for us foreign policy and just have kitchen to think the world would be a different place if nine eleven hadn't happened or would these issues these groups come to fruition anyway somet

carol: we got more from sarah and max. max: i say it's the biggest challenge since the ipo. to catch people up, if they missed it, a couple of weeks ago facebook basically disclosed that they had sold during the 2016 election, the company sold $100,000 worth of ads to accounts that looked to have been connected to the kremlin. this is damaging. it has applications for the special prosecutor's investigation into russian collusion, but it has implications, more significantly, for facebook, the company's brand. it has potential to bring a lot of ugliness to the floor. fore.the julia: will mark zuckerberg play this down? he said the idea was a crazy idea. how you think facebook is looking at this situation? they clearly are helping the authorities, but there is a bigger question about the scope of their influence with 2 billion facebookers out there. sarah: you are right. i think facebook underestimates its own power. comments like that from zuckerberg, facebook will come out and not take blame for something and then after public outcry will revisit -- what is our impact on soci

max: absolutely. the big question at the moment is for euro and partly for yen, but very much for the euro, how long can that trend really last? over july waseing that a lot of those trends we have been used to since the start of the year or the end of q1-q2, they have continued to work regardless of any noise. whether it was comments yesterday from mario draghi who is essentially sort of trying to talk the euro down but is obviously failing a little, but that is big at the moment. higher, what euro can break that trend? tom: i want to do it inside baseball chart here. this is the curve flattening at the very front. this is the janet yellen, governor carney part of the yield curve. the innerlattening of yield curve, what is the why there? why are we seeing curve flattening out to five years? max: what we have seen, and i think we need to get a little bit back here, i need to do a little storytelling. where we were 10 to 12 months ago after the u.s. election there was a lot of talk about fiscal stimulu

max winds 165 mph - unseasonably warm weather ahead - fall arrives friday at 4:02 pm - dry through the weekend today: mostly sunny. warm and muggy. highs: 85-88 winds: nw 5-10 mph tonight: clear to partly cloudy. patchy fog. lows: 63-68 winds: nw 5 mph thursday: mostly sunny to partly cloudy. highs: 84-87 winds: nw 5 mph breaking right now - a desperate search for for survivors in yesterday's earthquake. this as the death toll hits the hundreds. 248 people now confirmed dead - and officials expect that number to rise as rescuers sift through the rubble. at least 25 of those deaths came here. a school in mexico city, completely collapsing. magnitude quake hit central mexico around two yesterday afternoon. right now about 40 percent of mexico city is without power. the earthquake hit on the anniversary of a deadly 1985 quake that caused catastrophic damage. and in an another eerie twist- earthquake drills were actually held in mexico city just hours before it hit. tracking the tropics - and category five hurricane maria, closing in on puerto rico right this minute. the center passed near

yvonne: -- max: china could very well say that this has got max: pretty far, and here is an opportunity for us to help the united states. how, do you ask? put a lot more pressure on kim. oil, stopm get any the oil exports into north korea. there are a lot of things china can do. tenant has been willing to deal with the status quo, but we are getting to the point where i think china is starting to see that their opportunities are for china, too. i think we should work as best we can. anchor: we heard from the theyury secretary saying are the few at these options of putting more sanctions on chinese banks. are we hitting closer to a breaking point in the u.s. and china relationship right now ? it seems like the message is that it is either us or them. max: it is true. our messaging is very unclear. president trump lows hot and cold. that is not helping. to muchalking publicly to china. usually, major problems like this, solutions are found privately. diplomacy, but private diplomacy. unfortunately, we americans have been to public. second, our bench is thin. the state department personnel

take vo / cesar --- el huracn max toc tierra en mxico dejando fuertes inundaciones y devastacin a su paso, le tenemos los detalles --- william live canelo alvarez y gennary golovking se subieron a la bascula take vo que pas en la ceremonia de pesaje los detalles en un flash para capturar al responsable de colocar una bomba casera en un tren del subterraneo de esa ciudad. -- la explosion dej 22 personas heridas y causo un gran caos en la zona ya que era una hora con gran afluencia de publico. -- testigos afirmaron que al menos una mujer tenia graves quemaduras en las piernas. -- terroristas del estado islamico reivindicaron el ataque. cesar --- el huracn "max" impact la costa sur de mxico y la amenaza de un nuevo huracn al pas tiene a las autoridades y residentes en alerta --- --- el paso de "max" dej devastacin y fuertes inundaciones en comunidades pesqueras --- --- "agustn olas" nos cuenta ms --- take pkg 0:01 0:19 :42 1:08 con lo que tenan a la mano los pobladores se defendan de la embestida del huracn max que este jueves pegaba con fuerza en la costa chica del estado de guerrero..

that's becuase the parrot, named max, is worth 16-hundred dollars! similar to the bird you see here, max was stolen wednesday afternoon. check out this surveillance footage. you see a suspect in front of the bird's cage-- workers say the woman just grabbed max and walked out. it took them a while to even realize he was gone. authorities hope this video may lead to an arrest. at xx time for weather. toss to eileen - cool start! sunny & seasonable afternoon - sunny & cool autumn weekend ahead - no significant sign of rain today: mostly sunny. seasonable. highs: 73-76 winds: nw 5-10 mph tonight: partly cloudy and cool. lows: 48-58 winds: nw 5-10+ mph saturday: mostly sunny, cool, and breezy. highs: 68-72 winds: n 10-15 g 20 mph false alarms, after allegedly faking her own kidnapping. images were posted on facebook yesterday of 38-year-old thelma williams.. bound and gagged. a friend of hers in florida saw the images, and called police. they thought it was an active hostage situation, and responded with full force. but investigators say her story quickly

max to say those lego cars and. what about germany should it be moving at a much higher pace europe's biggest most successful economy should it be looking to little estonia. well experts and also people at the european commission it's a resoundingly yes but of course it's more difficult for a country like germany than a stone you have just given its size and its tradition in traditional industries but that might also be a chance for countries like germany although it seems like they've lost the race for the digital economy when you think about google and amazon it's going to be really hard to break into that market but then there's another direction you can come at that market from traditional industries that are adapting strands for airing their know how industry four point zero that's what it's called so who is for example going to build the self driving cars of the future is it going to be google or is it going to be as we heard earlier mercedes because they know how to build cars although of course it's a differ

sarah: max hoffman from tallinn, thank you very much. sarah: one change that is coming soon to europe is britain's withdrawal. both britain and the eu said they have had a constructive week of talks. it was the fourth round of negotiations in brussels. the brexit secretary was upbeat, saying that the teams had made decisive steps forward. but his european counterpart warned that more progress was needed for the next phase of talks on trade and the transition period. sarah: germany's biggest football club, bayern munich, has sacked their coach carlo ancelotti. he joined in 2016, winning the title in his first year. he is also a three-time champions league winner and the team wanted him to bring home that title as well, but the humiliating loss on thursday appears to have been the strong that broke -- straw that broke the camels back. we look at the view from the sports staff. do you think it was that loss in paris that did it? >> i think that was the third strike for carlo ancelotti. there were some that happened earlier. look at the team

bay shoreline temps will reach the upper 70s while coastal highs will max out in the upper 60s. for the rest of the week, temps will continue to cool through friday before rebounding this weekend. inland highs on saturday and sunday will return to the upper 80s. sunrise in san francisco is at 6:44 am. sunset is at 7:31 pm. don't forget you can always get the latest weather updates and traffic alerts with the kron4 app. download it for free for apple and android devices. hot spot in richmond wb 80 at hilltop hot spot in richmond wb 80 at hilltop accident blocking two lanes, slow from hwy 4. accident in fremont wb 84 at ardenwood. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. (tiffany) the white house may soon be hearing from russian lawyers. the kremlin says it will sue the united states over the closure of russian consulates... including right here in san francisco. the threat of a lawsuit comes after russian diplomatic facilities were forced to shut down in san francisco, new york, and washington, d-c. a spokesman f

abuse max hoffman covering it for us in tal and max with the focus squarely on europe's digital future where you are right now walk away expect to come out of the talks there. well there are two movements here basically first of all you have the hosts stone you know who are sort of the poster boy of digitalisation in a digital society in the european union they want to unlock what they say is the digital potential of the european union and they're asking they're calling for a fifth freedom you know the european union is based on four freedoms and they want a fifth one which would be data and information to be able to cross borders without any kind of obstacles but that might be hijacked here today a little bit because germany italy and france want to talk about something else they want to talk about the taxation of digital of the digital economy for now those companies like amazon and google are taxed where their headquarters are but they want to tax them where the revenue is which with course would be better for them because the headquarters are all in the united states but companies

thank you to max kettner joining us from the bank. at angelae will look merkel's weaker than expected election when and what it means for markets. that conversation will continue. this is bloomberg. ♪ ♪ welcome back to bloomberg markets the european open, on this the first day of trading after the german elections. we want to give a quick check on the equity indexes. germany and the dax down, but not as much as the cac in paris and the ftse in london. investors are getting german thanies less of of the they are some of the other indexes around your. -- around europe. this could clear the path for bullish investors. the elections in france and germany were key risks for investors but this weekend, it has boosted optimism for the equity picture in the long-term. the question is, with social democrats going into opposition, how much optimism is truly warranted? joining us is allianz global investor cio. let me ask what you think about the possibility of a jamaica coalition being negotiated. this is merkel's only option. is it going t

. >> new season, same old max dreidel playing real or fake, you can keep it real or -- >> get the fake out! >> three videos, real or fake, play along, coming up. >>> and also your chance to win an ipad mini. the buzzword is next. how did we test our improved dixie ultra plates? with two pounds of steak. in each hand. so they stay strong. even when dinner's a bit of a challenge. dixie ultra, with new flexproof technology. stress tested so you can stress less at dinner. < superior preference haircolor from l'oréal. worth it because of its luminous color and hi-tenacity dyes. it's fade-defying for up to 8 weeks. in over 50 luminous shades. isn't your hair worth all that? superior preference from l'oréal. [ laughs ] rodney. bowling. classic. can i help you? it's me. jamie. i'm not good with names. celeste! i trained you. we share a locker. -moose man! -yo. he gets two name your price tools. he gets two? i literally coined the phrase, "we give you coverage options based on your budget." -that's me. -jamie! -yeah. -you're back from italy. [ both smooch ] ciao bella. >>> promotional consid

i'm all about val. >> what about max? >> yeah, max, he's okay. >> they were on gma. i was in the green room with them. i was sitting there eating. oh, what is this? what is this? no, no. >> forget about max and val. [ laughter ] ♪ >> that's not fair. >>> making news in america this morning, hurricane irma crashing into the caribbean. one prime minister says 90% of his island is leveled. >> it's scary. and i pray for everyone that's out there. >> the 185-mile-per-hour winds folding a massive cell tower splitting palm trees in half and sweeping a woman away. >> the powerful storm is demolishing everything in its path as it turns toward florida. millions being urged to leave. >> you can rebuild your home, not your life. >> the state's highways jammed. gas stations empty and flights fully booked. >> just told me all the flights are full. >> this morning two more hurricanes are taking shape.

coastal highs will max out in the low 80s this afternoon. going forward, a gradual no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. ( mark ) happening now... crews are still on the scene of the fire burning in the oakland hills.( darya ) firefighters say they have gained the upper hand but they are still monitoring for hot spots. kron 4's will tran is live in the oakland hills this morning with the details. happening right now crews are still on the scene of the fire burning in the oakland hills. firefighters say they have gained the upper hand on the fire but they are monitoring for any hot spots or flare ups. dozens of people were forced to leave their homes when the fire broke out yesterday afternoon. at last update that fire has burned 22 acres and is 60 percent contained this morning. the fire threat is still high because of the heat expected across the bay area today. firefighters say they know where the fire started but they are still trying to figure out how it started... but they do not think it was inte

i am max kaiser this is the kaiser report oh my god we're just in hurricane erma my hair's a mess you know they've got sharks coming down now with the hurricane like shark motto my favorite picture of all time i'm actually scheduled to be in sharknado part seven which will start shooting sometime in two thousand and twenty four looking forward to that what's happening stacey maxwell thank you for all of that data because we having an episode here about big data i don't know i said we have it we have it we have to study it go big data big mama big mama that it would do it a big data episode with a rat version right here downtown to act like you like and like and like you know and exercise black and of course you know our crew is all going down to cover. the disaster goes up the way so this is a bit of a pre-record so that you know this is why max is crazy but you know i'm looking at the big data and one thing that i've noticed is that the data on hillary clinton is looking worse and worse and worse she is now even you know more unpopular than donald trump donald trump ratings have been

bay shoreline temps will max out in the mid 80s. coastal communities will warm to around 80 this afternoon. looking at the week ahead, temperatures will peak on wednesday with mid 90s inland. the return of an ocean breeze will cool the coast on thursday and then spread inland on friday. fire danger is still high. a red flag warning is in effect and not scheduled to expire until 5pm wednesday. sunrise in san francisco is at 7:01 am. sunset is at 7:00 pm. don't forget you can always get the latest weather updates and traffic alerts with the kron4 app. download it for free for apple and android devices. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. (james) last night on monday night football - the entire dallas cowboys team -- along with owner and trump supporter jerry jones -- took a knee.... but they did it before the anthem.... once it started.. the players locked arms in a show of unity.(robin) monday night football does not typically air the nationa

>> it seemed max was a little hot and bothered by that, shall we take a look? >> the pinky was there. >> she knows what i'm talking about. >> max, now that you're a husband and father, squeezing my butt. >> it actually makes it more okay. because then you know it means nothing. >> they're having a lot of fun with the fact that max and peta who are married were dancing with nick and vanessa who are married. >> meanwhile, terrell owens and cheryl burke found themselves at the bottom with, brace yourself for this, barbara corcoran and keogh. >> she kept that whole mrs. robinson thing going. and that did not end last neat. take a look. >> you're clenching. >> would you pull in on him? >> i see your point. >> i'm just glad your hands are where we can see them. >> sadly, their dreams of claiming the mirror ball trophy are over. they will appear on "good morning, america" later today, but i am so disappointed, because i loved barbara corcoran's antics, and i wanted more. >> and she was quite frisky with him. but poor keogh. every time he gets somebody that, you know -

el huracÁn max golpea mÉxico antes de convertirse en tormenta tropical. el ojo del fenÓmeno atmosfÉrico tocÓ tierra por el balneario de acapulco con lluvias torrenciales y olas de mÁs de 3 m. jaime: la alerta roca fue decretada en el estado de guerrero ante el embate del huracÁn max que esta tarde tocÓ tierra tocando golpeando la costa de acabo. donde se -- de acapulco donde se cerrÓ la navegaciÓn. >> el oleaje puede superar con mucha facilidad de los 3 m. jaime: se decreta cierre de los negocios en la playa, que se preparaban para la llegada de turistas para el largo fin de semana del 15 de septiembre por las fiestas de independencia. >> nosotros aquÍ en el negocio primeramente resguardar a todo el personal. jaime: clasificado como huracÁn categorÍa uno, max afecta principalmente las costas de guerrero, aparte de michoacÁn al norte y oaxaca al sur. >> estÁ radicada fundamentalmente en acapulco y su cercanÍa, con posibilidad de desplazarse a la costa chica. jaime: mÁs de 1200 escuelas suspendieron las clases en todo el estado de guerrero. l

and we can bring in max hoffman in tallinn now good to see you max what's expected from this summit. a stone yet has its own agenda they basically are trying to convince the rest of the european union that what they're doing here in the small country what we just saw in that report is the right way to go and should be transferred to other countries now the big countries france italy spain germany have a slightly different agenda although they're open to what a stone yeah has to say here but they are predominantly talking about taxation of digital companies like amazon like google because as of now they're mainly tax where they reside at their headquarters and the european commission and the institutions have a plan to tax them where they make their revenues which would bring more tax money to the european union because as we just saw most of those countries do not reside in the european union but in the u.s. and china right now max why is it a study appears to be so ahead of the pack when it comes to digital infrastructure . we put that question to the president of a stone yesterday

you want to get the max -- you want to get the max match, so to speak. and then after that, yes but if it's just a situation of six of one and half a dozen of another, and the list isn't that good to allow you to be in a 401(k), yes, i want you to get a self-directed i.r.a. when it comes to retirement, if your company matches your contribution to 401(k), then max that out that's really important. but if you don't get employer match, you don't have investable options, go straight to the i.r.a. on mad tonight, you just got your diploma, now what too busy to invest in stocks that's fine. i'll put your money behind the next best thing. there are many roads to a healthy retirement stick with cramer. i'll chart the course. what started as a passion to make something original... ...has grown into an enterprise. that's why i switched to the spark cash card from capital one. now, i'm earning unlimited 2% cash back on every purchase i make. everything. which adds up to thousands of dollars back every year... ...and helps keep my passion growing... ...in every dire

for this hour but there's a full news report heading your way next hour right now though stacy and max have the reports from. i am backscatter this is the kaiser report i've been asked been. asked been conference to next this has been conference the best minds in the world have been to discuss important things. hey max actually we're going to be here for a few days and we're going to have a few episodes a report from on stage we're going to talk about because we're going to talk about jamie dimon going to talk about j.p. morgan a bit quaint you're also going to have a debate with peter schiff about bitcoin and gold your we're going to talk about satellites and why all these people like the space x. or it's the law must and jeff bezos of the world want to flee the planet i guess if you look at all the hurricanes and earthquakes all over the world i could see you perhaps maybe they have some inside information about why we need to get x. planet soon well you know satellites offer an opportunity for synchronicity if you've studied car young or you know contemporary of freud approach the m

oh welcome back to the part i max has or time that i got of like a trader of liberty blitzkrieg dot com michael welcome back to masquerade to be back with the of it read something very interesting i want to get into it google has become a major threat to democracy tell us more michel so this is actually a topic i've been writing about for a long time now. and it goes back to that sort of core problem i think we're having is as an american public if there if there is this unity that i hope still exists as far as you know what the real threat is right as you know that republicans tend to think the big threat is large government that democrats tend to lean towards they think it's large corporations and that's just a perverse problem it's both and the key issue is power it doesn't matter whether it's corporations that have power or governments that power too much power and you've got problems not just the tale of history and so google has really come up to the forefront this year it's sort of it's coming out party with james to more fiery and now the essentially the kicking out of the barry

you make up to $8 your max gain is at 170. it sounds complicated, but think about it this way. between 162 and 178, you can make up to $8 and your max gain, 8 at 170 it's kind of threading the needle i like this strad strategy as a defined risk, long premium way to play for a breakout to new highs with lots of events an mitigating my risk to a small amount of money. the other point i want to make, i expect option prices to come in that's why i'm looking at this butterfly strategy, rather than a straight call purchase or a call spread. >> like the trade, mike? >> i do like butterflies in some cases. the issue i have is the longer data the butterfly is, the harder it is to thread that needle in order, if you're say thinking about a a 5% move into next week, you think stock is going to maybe move 5% by next week, that's one thing saying i think going to be up 7% and you have a couple of months to go, it's harder even if it runs up to that price, in the interim, it's not going to go to the maximum value of that butterfly, unless it basically lands there at the end. the one thing i'

max will stay with us. remember, if you are a bloomberg customer, you can watch the show using tv . guy: let's show people what they can get. this is the landing page, interactive tv. this election is not boring. , featured events, event coverage. we are talking about who will be the next finance minister of germany. in terms of the most-watched video, there is ray dalio. some adjusting videos you can watch. then you can go to the most recommended. up next, we will discuss geopolitics with potential coalition partners for angela merkel. we have one closing the idea of reinventing this man to the g7 /g8. join us this sunday as a result of the election comes in. 4:30 p.m. u.k. time, 5:30 in berlin. it is germany, so it will take a while to put this government together. we will track all of that action. that's coming up. this is bloomberg. ♪ ♪ guy: 9:43 in berlin. [two germany decides, our weekly election show. they rejected expanding the euro if russia would be accepted to the group of seven. had soug

you can buy the $64.60 for about a dollar that is your max risk. breaks down even at 63 you can make up the $1.40 at 63. two get a retest of the lows, it was trading just there i think this is in play and you have it where you want it. i like going the opposite way of looking down, looking for a retest of 60 over the next three weeks. risking $1 to possibly make 3. i like the risk/reward. >> this is a situation where people are wondering why we don't use credit spread and it makes sense. options are quite low. usually when stock prices decline, option freeze prices go up where xle, that's not the case options premiums are close to the lowest point they've been all year so i think absolutely a spread is a good way to make play. >> what do you make of the levels >> well, look, the key issue is that if something changed long term that is more permanent? and i think that's the case. just think about going back in history. things like coal, top of the heap energy lost its way. maybe they're permanently impaired. >> i get that the longer term trend is do

the disaster guys about the way so this is a bit of a pre-record so that you know this is why max is crazy but you know i'm looking at the big data and one thing that i've noticed is that the data on hillary clinton is looking worse and worse and worse she is now even you know more unpopular than donald trump donald trump's ratings have been declining but hillary's have been declining further so despite all of their hoaxes they're pushing the russia gate and all these conspiracy theories that she and her minions and crazy people like louise mensch and peter dow are pushing her data is looking worse and worse even possible because she was already at the bottom and she's underneath the bottom looking up you know she's like she's at the bottom of the ocean i wasn't even possible how can trump be such a horrible and hillary clinton be even less popular than ever it's a real challenge she's got i guess. being the. failed wife of a psychopath a wall street loving commodity futures enabling nut jobs bill didn't help well usually there's a bump for a sympathy bump after somebody loses an ele