37 Burst results for "11 30"
A highlight from 1429: Bitcoin $220,000 (Short Term) In Play - Max Keiser
"Say goodbye to your credit card rewards. Big -box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets. Senate Bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it. If you love your credit card rewards, visit HandsOffMyRewards .com and tell them to oppose credit card routing legislation paid for by the Electronic Payments Coalition. In today's show, I'll be breaking down the latest Bitcoin technical analysis and quoting the high priest of Bitcoin, Max Keiser. For world peace, let's have a day of Bitcoin. All the troubles you see, all the wars and hatred are caused by fiat money and central bankers. Bitcoin fixes this. Martyring yourself for fiat money is foolish. Get right with Satoshi and perfect money. Bitcoin preach. Also in today's show, long -term hodlers buy 1 .35 billion dollars worth BTC as the whales continue stacking. Also breaking news, Japanese yen -backed digital currency DCJPY to go live in July 2024. Also breaking news, Caroline Ellison's testimony shared that SBF bribed Chinese officials for 150 million dollars to unfreeze funds using Thai prostitutes. Not only that, but Caroline and Bankman freed conspired to keep Bitcoin under $20 ,000 by selling customer BTC. We'll also be breaking down USDR stablecoin, dpegs to $0 .53, as well as ARK's amended spot Bitcoin ETF filing is a good sign of future approval. I'm also going to be sharing with you Max Keiser's short -term price prediction for Bitcoin of $220 ,000 and quoting him here from a recent speech he gave at Pacific Bitcoin Conference. If you want to live in America, move to El Salvador. If you want the Constitution, a Bill of Rights, move to El Salvador. If you want to feel freedom of expression, move to El Salvador. That's the America. The Statue of Liberty is now a volcano and it's on the tropics and it's a guy named President Pukele running the joint and I suggest everyone who is feeling downtrodden and persecuted and not able to be who they really want to be to get the heck out of this ish hole and move to El Salvador, that's my recommendation to you. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost a video show, so if you want the full premium experience with video, visit my youtube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. Welcome everyone, this is podcast episode number 1429. I'm your host JV and today is October 12, 2023. Let's kick off today's show as we do each and every day with our market watch. Make sure to say hello in the live chat and at the end of the show I'll give everyone a shout out. How's that sound? As you can see here Bitcoin and all the major cryptos currently correcting and in the red and as you can see on coin market cap, the market cap is barely sitting above that 1 trillion dollar milestone which we have been at for quite some time. It's been pretty stagnant and the 24 hour volume is just above 24 billion with Bitcoin dominance at 49 .9 % and the Ether dominance at 17 .8 % and checking out the top 100 crypto gainers the past 24 hours. Loom is leading the pack up 13 % trading at 21 cents followed by FXS of 5 % trading at $5 .69 followed by Gala at roughly 4 % trading just under looks like or I'm sorry just above 1 .3 cents and checking out the top 100 crypto gainers of the past week you can see it's a mixture of gainers and losers with some of the top losers being Roon and RLB and the top gainer here FXS up over 5 % on the week and checking out the crypto greed and fear index we're currently rated a 45 in fear yesterday a 47 last week a 48 and last month a 30 in fear so there you have it fam how many of you are currently bullish on the king crypto and how many of you been taking advantage of this dip let me know put a BTFD in the comments right down below and where my long -term hodlers that make some noise don't be a stranger yeah I mean and with that being shared now let's dive into today's Bitcoin technical analysis and specifically check out the technicals according to trading view so we could switch it up a bit as you can see here we got Bitcoin currently sitting just above twenty six thousand six hundred dollars down point seven eight percent on the day now if we look at some of the technicals on the one day you can currently see there's literally 14 cell signals you got ten neutral signals and only two by signals now as we can see as far as oscillators are concerned there's one by signal one cell signal and nine which are neutral and when it comes to moving averages and those cell signals there's literally 13 of them right now with one neutral and only one by the one by for the moving average is the simple moving average and I mean that's pretty wild to say the least say goodbye to your credit card rewards big box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets Senate bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it if you love your credit card rewards visit hands off my rewards calm and tell them to oppose credit card routing legislation paid for by the electronic payments coalition now I want to discuss really quick a Bitcoin day max Kaiser came up with the idea to celebrate peace around the world especially with all the conflicts and the wars popping out you know left and right and I thought it was a great idea so I proposed this Bitcoin day be celebrated on 11 11 as 11 is a very special omen and a very significant when it comes to numerology 11 11 so here's what I had to share in response to what max shared so max's idea for world peace let's have a day of Bitcoin all the troubles you see all the wars and hatred are caused by fiat money and central bankers Bitcoin fixes this martyring yourself for fiat money is foolish get right with Satoshi and perfect money here was my response I wrote this last night I channeling the spirit of Satoshi declare 11 11 the official Bitcoin day moving forward which shall be celebrated globally Bitcoin equals peace and love Bitcoin the network and Bitcoin perfect money heals the world Bitcoin fixes things major problems such as war inflation poverty corruption famine enslavement and depopulation and that's just the tip of the iceberg or the melting ice cube as a cyber hornet named sailor once described fiat currency and also was the first to put Bitcoin on the balance sheet of a publicly traded company called micro strategy a high priest named max Kaiser along with a fairy godmother named Stacy Herbert introduced Bitcoin to the global stage in 2011 through the first international TV coverage of Bitcoin via the Kaiser report calling Bitcoin the biggest story of this decade as well as coining the phrase Bitcoin is the currency of the resistance and in 2021 president Bukele adopted Bitcoin as legal tender in El Salvador liberating his people and country from fiat money priests and corruption of IMF and central banking cartels as a direct result of adopting Bitcoin as a legal tender Bukele transformed his country El Salvador from the most dangerous with the highest murder rate to now the safest in the Americas with the lowest murder rate now as Bitcoin game theory continues which countries will be next to liberate themselves from their fiat overlords let me know your thoughts in the comments below Bitcoin and the power of the centralization is changing the world putting the power back in the hands of the people 11 11 Bitcoin day so there you have it fam let me know your thoughts on celebrating peace around the world on Bitcoin day come 11 11 which is November 11th literally about a month out let me know if you want to celebrate with me and let's go change the world shall we and with that being shared fam and I'm anxious to read your comments regarding Bitcoin day now let's dive into our next story of the day and discuss the whales continue to huddle follow the smart money they say 1 .3 billion dollars being huddled by long -term buyers let's break this down a new report from glass note an on -chain analytical firm shared that Bitcoin huddlers are adding to their holdings these long -term Bitcoin investors as we know as huddlers don't appear to be phased by the recent volatility damn right according to on -chain data long -term huddlers have been rapidly amassing BTC adding more than 50 ,000 Bitcoin each month to their holdings and now a Bitcoin currently showing signs of slowing down as we're around that $27 ,000 level it seems that most the blame is for the persistent selling pressure as data shows whale investors seeing this opportunity to buy more BTC at a discount rather than to secure profits and according to glass notes huddle or net position change metric the long -term huddlers are purchasing an average of 50 ,000 BTC worth 1 .3 billion dollars at the current price every single month let that sink in fam another metric which is the long term huddler supply which measures the amount of the Bitcoin market cap and huddlers also reached an all -time high of fourteen point eight nine or five nine million BTC this means that seventy six percent of the total circulating supply has not moved in the past five months so congratulations all you long -term huddlers with the diamond hands consequently a roughly ninety five percent of the total Bitcoin supply has not moved in the past month that's freaking fantastic definitely a bullish indicator and to back up this data of increased accumulation we also have crypto analyst Ali Martinez sharing a chart from sentiment showing the whales purchasing around 20 ,000 Bitcoin since the beginning of October worth currently roughly five hundred and fifty million dollars so at this rate the number of Bitcoin vaulted by huddlers is poised to pass 50 ,000 Bitcoin in October this increased accumulation suggests that the long -term huddlers remain confident and bitcoins long -term potential and see this price correction as temporary so there you have it fam let me know if you agree or disagree and according to glass note only eleven and a half percent of the Bitcoin circulating supply change hands in the last three months indicating a prolonged and active period of on -chain activity that there are fewer transactions suggesting investors aren't willing to sell at the current price as the industry awaits the approval of spot Bitcoin ETFs send it and let's go as you all know we've been waiting on this for quite some time in 2024 we're gonna get two of the most bullish catalyst you could anticipate and that's the Bitcoin having scheduled to take place in April 2024 roughly six months out along with the approval of a spot Bitcoin ETF in the United States ushering trillions of dollars of that total addressable market into Bitcoin which will absolutely send Bitcoin to price discovery mode entering new all -time highs and that's right around the corner hence why the smart money continues to accumulate and with that being shared fam now let's break down our next breaking story of the day the Japanese yen back digital currency DC JP why to go live July 2024 that's right October 12th digital currency and electronic payments firm the current holdings published a white paper on its crypto project the DC JP why the organization intends to launch this coin July of 2024 right after the having and according to the white paper the DC JP why network will consist of the financial zone and the business zone the former will include banks minting deposit as digital currency on the blockchain a sign of the times right fam while the latter will be reserved for transactions the business zone will also provide space for issuing non fungible security and governance token now the leading issuer of DC JP why will be backed by deposits in the Japanese yen and it will be a Zora Bank a commercial entity with 19 domestic branches in Japan now in 2021 the current reported about a consortium of 70 Japanese companies that would participate in the DC JP why network and while the white paper doesn't mention any specific names of the network participants the current itself is backed by 35 shareholding companies with Japan post bank Mitsubishi and Dentsu group amongst them now the current will hold the seminar seminar in the white paper explaining the main points behind the project October 18th which is roughly next week this meeting will take place in Tokyo and won't be screened online now in May of this year the Bank of Japan released the results of the second phase of its central bank digital currency experiment that's right we know CBDCs it'll make a final decision on issuing a digital yen by 2026 so we all know it's coming through the pipeline fam right meanwhile Binance and Mitsubishi and UFJ trusts and banking corporations are exploring the issuance of Japanese yen and other foreign currency denominated stable coins in the country so there you have it pretty interesting to say the least a Japanese yen backed digital currency can you could you fathom a United States backed currency by Bitcoin because that's what RFK jr. is trying to do anyways fam now let's break down our next story of the day and discuss the latest of what's happening with Sam Bankman freed and Caroline Ellison and the ongoing saga cuz this you got to see it to believe it check this out fam Caroline Ellison and Sam Bankman freed conspire to keep Bitcoin under 20 ,000 by selling customer BTC yeah that's right I mean you can't make this stuff up so did they really do this let's discuss it as you know Bitcoin failed to hit $100 ,000 during the 2021 bull market because defunct exchange FTX kept selling Bitcoin analysis claims and in an ex post Joe Burnett a senior product marketing manager at Bitcoin financial services firm Unchained joined voices arguing that FTX execs suppress the Bitcoin price strength I agree with this theory a hundred percent and I also feel Bitcoin could have likely hit a hundred thousand during that bull run but some shady mofos clearly enemies Bitcoin so as the trial of the former FTX CEO SPF continues new testimony paints the picture of market manipulation that's right Caroline Ellison this week the former CEO of affiliated firm Alameda Research reportedly told the court that SPF asked her to sell Bitcoin should the spot price breach $20 ,000 this was done using FTX customer funds which neither had the right to deploy now this brings in a question in my mind who instructed or ordered Sam Bankman free to dump all the Bitcoin coming in on the exchange once the price surpassed $20 ,000 could it have been collusion with unethical regulators like the chairman of the SEC Gary Gensler isn't that a great question what's your thoughts fam let me know in the comments right down below but wait there's more check it out reacting Burnett suggests that due to the scale of the operations involved the entire Bitcoin bull run could have been adversely affected quitting him here Alameda was insolvent even during the bull market it appears they used or borrowed FTX customer Bitcoin and other customer assets to buy Sam coins better known as FTT Solana and serum he wrote referring to reports that Ellison's firm had a negative value of 2 .7 billion dollars in 2021 quitting him here without this fake cell pressure maybe Bitcoin would have hit a hundred thousand dollars in 2021 what's your thoughts chat let me know and in the event Bitcoin still reached the all -time high of 69 ,000 in November but at the time predictions called for much larger numbers amongst those were the now popular stock the flow Bitcoin price model with Plan B is the anonymous creator of given a price target a Bitcoin hitting up to 288 ,000 during the current halving cycle the worst -case scenario he continued was 135 ,000 by December of 2021 and I'm sure you remember this infamous tweet shared June 20th 2021 he wrote Bitcoin is below 34 ,000 triggered by Elon's energy FUD in China's mining crackdown there's also a more fundamental reason that we see weakness in June and possibly July my worst -case scenario for 2021 according to the price on chain base is August greater than 47 ,000 September 43 ,000 October 63 ,000 November 98 ,000 in December greater than a hundred and thirty five thousand dollars per coin and as doge Cuban shared here I can't stop thinking about an alternate timeline where SPF is president of the United States which Caroline also revealed he had aspirations to become the president Bitcoin hitting a hundred thousand FTX token flipping BTC meat is illegal and the US and Nexus the Bahamas and all women above a three get deported Adam back wrote so that sounds to me more like SPF needs USD liquidity sell BTC but don't sell below 20 ,000 and not try to keep Bitcoin under 20 ,000 an example below 20 ,000 is ridiculously cheap weight or higher so there you have it fam and I mean again he's being she pointed out that he tried to bribe a Chinese official with a hundred and fifty million dollars to unfreeze his billion dollar fund and that he was using Thai prostitutes to do so I mean things just keep getting more and more interesting and the obviously the trial is going to continue but that is the gist of it it's just quite interesting to say the least and with that being shared fam now let's break down our next breaking story of the day and I wanted to throw this in here USD our stable coin has d peg from the dollar currently trading at 53 cents I'm just gonna share a little insights from here the real estate back stable coin USD are how many of you have heard of this let me know lost his peg to the US dollar after Russia redemptions caused the draining of liquid assets such as da I which is the stable coin on the etherium network from its Treasury its project team had revealed us dr backed by a mixture of cryptos and real estate holdings is issued by tangible protocol a decentralized finance project that seeks to tokenize housing and other real -world assets us dr is mostly traded on the pearl decentralized exchange which runs on polygon in the October 11 tweet explained tangible that over a short period of time all the liquid die from their us dr Treasury was redeemed leading to an accelerated drawdown of their market cap as quoting them here combined with the lack of die for redemption's panic selling ensued causing a deep egg so us dr experienced a flood of selling at around 11 30 a .m.
Fresh "11 30" from Bloomberg Daybreak Asia
"This In Other Meituan is rate New Bloomberg York hike shares Daybreak pause. and tumbled Asia coming the up most for today, in this Wednesday Warren more Buffett than a sidekick November year two Fed after officials 29th Charlie the sound company Munger warns in Hong has a These Kong, fire little died of less violations slower at hawkish the Tuesday age growth. as of November in more 99, remarks 28th hostages are Claims of released by and May Hamas. China makes entree to Australia to improve Relations. Resolution to expel George Santos from Congress is introduced. I'm Ed Baxter with Global News. Ireland Holland breaks more records leading Manchester City to a Champions League win. I'm Dan Schwartzman. I'll story have that and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia on Bloomberg 11 30 New York Bloomberg 99 1 Washington DC Bloomberg 106 1 Boston Bloomberg 960 San Francisco Sirius XM World and around the world on bloombergradio .com and via the Bloomberg Business app. Hi everybody, hour two of the program. Bloomberg This is Daybreak Asia. I'm Brian Curtis here in Hong Kong. Thanks for joining us. Let's take a look at how the markets Asian are moving this morning. We have futures moving a little bit higher this morning, although in some fairly narrow ranges. As mentioned, China futures are up about two tenths of one percent. Hang Seng index futures are down about a tenth of a percent. Just giving a little bit more time here for the opening numbers coming out of Tokyo. The UK is down about four tenths of a percent. In Sydney going the other direction, the ASX200 has advanced about four tenths of a percent. A fairly interesting day on Wall Street. We had gains running running to the upside early in the day, particularly on comments from Fed officials. We had Christopher Waller talking talking about how the Fed seemed pretty well on the path toward getting inflation down to two percent. That encourages investors. about S &P 500. In the end, though, the S &P 500 paired a lot of its gains and ended up gaining percent. just a tenth The Dow of was one up some 83 points, about a quarter of one percent. The NASDAQ advancing about three tenths of one percent. Meituan shares down eleven percent in the New York session after warning that growth would slow this quarter. Meituan's main business is food delivery. We had Micron Technologies seeing its stock down not as much as it was for a time during the session. In the the end, stock was down about one point eight percent. Micron warning that it is spending more than expected on its ongoing operations. Dalian, 147 .08. We had yields down. The yield on the 10 -year, 4 .31 percent. And that is a look at markets. About three minutes past the hour, it's time for World News. Despite claims of ceasefire violations, more hostages have been released by Hamas. It backs around the story in San Francisco. All right. Thank you very much, Brian. Twelve more. Ten Israelis, two Thai citizens. Bloomberg's Katie Lyon says the claims of violence came through loudly and clearly. According to the IDF, there were three separate explosions targeting Israeli troops in northern Gaza that were positioned in areas in which the ceasefire agreement was covered. There were subsequent shootings according to the IDF, while Hamas also has said there have been violations of the truce agreement without further elaboration. not Now, it's clear at this time what that means for the overall state of the truth. There has been no indication of further fighting or escalation at this point. And Kayleigh says there are talks for more cease fires. Also worth noting, this morning is Bloomberg's reporting that the CIA director, Bill Burns, along with the director of Assad from Israel, are in Doha, four meetings initiated by Qatar that the Egyptians will also
A highlight from What is Evangelism?
"For like three years now to try to use some of this more advanced technology to Do sermons and things from so this is the maiden voyage for this Tablet so I have it on paper also in case Technology doesn't work the way it's supposed to Yeah as Pastor John mentioned first let me say thank you Pastor John and Mary and I here and thank you for this opportunity On that back table. There are just a bunch of free books that we bought brought to Bless you guys. There's also tracks back there If you have any questions about any of the books there's books on Probably one of the great little gems back there is called listen up. It's a little booklet on how to listen to sermons Hey John, I didn't see you come in a Lot of great things back there. So please avail yourself of those resources. I'm not taking any of it home And I don't want to those are to bless you guys so The the topic this weekend is We have an evangelism summit. So in this first session I'm gonna be talking about well, what is evangelism and and why do we evangelize? So for some of you guys these this will be you know some basic stuff for you hopefully there'll be something For you to take away that'll be helpful to you in Adam session He'll be talking about how and when we evangelize and then in a final session today. I'll be talking about What about results? trusting God and evangelism, so I'd like to start out if you have your Bibles with you Turn to Romans chapter 1 Romans chapter 1 We're just gonna read verses 16 and 17 and I'll pray again as we get started Romans chapter 1 verses 16 and 17 Paul under the inspiration the Holy Spirit Gives us the Word of God. He says for I am not ashamed of the gospel For it is the power of God for salvation to everyone who believes To the Jew first and also the Greek for in it. The righteousness of God is revealed from faith for faith as It is written the righteous Shall live by faith Let's pray together Heavenly Father. We do bless your name We thank you Lord God for the gospel the gospel that has redeemed Many of the souls in this room. We pray that the gospel would Be effectual for anyone in this room has not been redeemed yet that they would hear the gospel They would hear about your power to save and that they would have a desire to come to you a desire that only you can Put within them Lord God, but we know that it's Lord I pray for Myself today Lord that I would get out of the way of your word. I pray for my brother Adam Who's such a dear friend to my family that you would help us as we teach from your word? That you would bless these Saints and build them up Equip them Lord for the sharing of the gospel the good news of our Lord Jesus Pray that the things that we would say would be in accordance with your word and anything that We would say that was not would be disregarded please God be our help today in this time in Jesus name. Amen Okay, so so sometimes when you want to define Something or speak on a certain subject. There may be a lot of misconceptions or even false definitions of that subject So therefore, you know when you want to do something like that You have to point out the falsehoods about it and and address The wrong definitions of it. So the first thing we actually talk about today is is what evangelism is not Because there's a lot of things I think out there especially in the evangelical church world That are talked about as if they are evangelism, but they're not actually evangelism. Okay, so inviting people to church That might surprise some someone in here. I don't know I'm not that this is not to say that inviting people to church is a bad thing But for so long in the church world People have this idea that well, we have a pastor and so it's the pastor's job to evangelize. That's another misconception It's every Christians privilege to evangelize But inviting someone to church is not evangelism Although it's a good thing Things like you know, I I did evangelism on a university campus for many years and and still do and so there would be various You know free lemonade stands and free cookie stands and things like that and oftentimes these were Ministries that call themselves Christian ministries that were saying that was their form of evangelism. Just giving away free cookies No talk of Jesus. No literature about Jesus Not giving it away in the name of Jesus while that might be a nice kind, you know Merciful thing to do give someone a cookie. It wouldn't be merciful to give me cookies. I don't need cookies In case anybody, you know had any thoughts about that, but that's a nice thing, but it's not evangelism a really popular Evangelical teacher anybody in here ever heard of Rick Warren Rick Warren, he's got this book in the church. The Lord saved me and we used to call it the Bible light It's called the purpose -driven life Rick Warren got on national television several years ago around this time of year around Easter time and he told people They said if you could give people any message What message would you want the world to hear and he said well, I just tell people to give Jesus a try You know try them out for 40 days And if you don't like what you found then, you know, just throw them back kind of, you know But the Word of God says do not put the Lord to the test Jesus is not someone to be tested. He's someone to be worshipped and adored and followed after Another thing that sometimes gets Confused for evangelism is our personal testimony of our having been saved now Our testimony can be evangelism if it includes the gospel in it but have any of you guys ever heard like one of these testimonies where maybe the Lord saved somebody out of a really rough life and There was way more about sin and the way they were living and everything like that It was hardly really even mention of Jesus or his power or anything like that So if you're going to share your testimony with someone of how God saved you, that's a good thing If you've experienced the power of God for salvation in your life, just make sure that you include the gospel in it Sometimes I've heard testimonies that I wondered if it was actually a Christian testimony Because there was nothing about Jesus in it You know a a or na can turn somebody away from Problems in their life like alcohol and drugs, but it won't necessarily redeem their soul if it's got nothing of Jesus To it the Apostle Paul. I think is a great example. He had several opportunities as he was arrested and imprisoned to Share his testimony of what God did in changing his life In Acts 22 he says I Persecuted the way to death the early Christians were called followers of the way Jesus himself said I am the way the truth in the life Paul continued on he said when when God struck him down on the on the road to Damascus He heard a voice that said I'm Jesus of Nazareth who you are persecuting and then at the end of that Defense that he gives for his ministry. He says the God of our fathers Appointed you to know his will This is what God proclaimed to him to see the righteous one and hear a voice from his mouth for you'll be a witness for Him to every one of what you have seen and heard Okay, so Paul speaks of Jesus in his next defense He says that he speaks of the way again, and he says And it is with respect to this this resurrection of the dead that I'm on trial for you today Well, there weren't people not anybody was just running around claiming to be resurrected from the dead They knew he was speaking of Jesus when he said I'm on trial because I'm out preaching the resurrection from the dead in his third defense before King Agrippa Here's an interesting thing. He says that God made him a messenger to the Gentiles that they should repent and turn to God Performing deeds in keeping with their repentance and the very next verse. This is um 26 acts he says I went and told him to repent and turn to God and and continue repenting and Perform good works and keep her repentance and then he says verse 21 for this reason the Jews seized me in the temple and tried to kill me So he says I told him to repent and they tried to kill me Nowadays, there's a preacher probably a lot of you heard of Steve Lawson Excuse me, he said The problem with preachers today is nobody wants to kill them anymore You know, I mean nowadays if if someone's out preaching usually give a testimony Someone assaulted me or spit on me or maligned me a lot of times people, you know Even within the church will look at you like well, what did you do to bring that on? The Apostle Paul when he first was converted thank you, honey When he first was converted the first place he went and preached in they plotted to kill him and And his friends had to lower him in a basket down the wall a city to get out and escape More things that are not the gospel social work Social justice work or political involvement are not evangelism again. These things may complement evangelism, but they're not evangelism Unless there's the proclamation of the gospel Because evangelism the word comes from the evangel The UN galleon we're going to get to that in a minute even a pop Christian apologetics are not necessarily evangelism if they don't include the gospel anybody ever heard the There's a famous quote from a guy named st. Francis of Assisi. It's a preach the gospel if necessary use words Anybody ever heard that it's pretty famous quote. Well friends brothers sisters You can't preach the gospel without words It's impossible. The gospel is a spoken message about Who Jesus is and what he's done? lastly Another thing that is not evangelism is the results that you see from your evangelistic Efforts are not evangelism themselves one pastor said it this way quote. We don't fail in our evangelism If we faithfully tell the gospel to someone who is not converted we fail only if we don't faithfully tell the gospel at all Evangelism itself isn't converting people. It's telling them that they need to be converted and How they can be all right, so we spent a little time there on what what evangelism is Not now. Let's get to our subject. What is evangelism? All right Proverbs 11 30 says the fruit of the righteous is a tree of life and whoever captures souls is wise So I'm going to give you several Definitions of evangelism the word you are going to lead So is used 52 times in the New Testament and the literal meaning is to bring good news or to announce glad tidings specifically the glad tidings of the coming of the kingdom of God in salvation to be obtained in it through Jesus Christ and the things that relate to this salvation I Wouldn't recommend Google as an information source necessarily, but I decided I would Google Evangelism and I actually like their definition. It is the spreading of the Christian gospel by public preaching or personal witness. I Thought that's pretty good for for Google I wouldn't advocate that like getting much information from them the Baptist faith and message of 2000 I Actually really love their their definition of evangelism. It says this listen as carefully. It's really good It is the duty and privilege of every follower of Christ and of every church of the Lord Jesus Christ to endeavor to make disciples of all nation The new birth of a man's spirit by God's Holy Spirit means the birth of love for others We're going to get to that more later Missionary effort on the part of all rests thus upon the spiritual necessity of the Regenerate life and is expressly and repeatedly commanded in the teachings of Jesus The Lord Jesus Christ has commanded the preaching of the gospel to all nations It is the duty of every child of God to seek constantly to win the loss to Christ by verbal witness Undergirded by a Christian lifestyle and by other methods in harmony with the gospel of Christ. What do you guys think? I thought it was pretty good Pretty good. I really liked it Another definition I found is you can tell the gospel to someone by sharing these several simple truths one Let's always remember this the gospel begins with God and so evangelism should begin with God So the first thing we need to tell people is that God is holy. He's the holy creator of all the universe Especially when we're dealing with a culture now Which is a culture of non -offense a culture that's got like a God who's like a genie in the bottle You know, he's just there when I need something or he's there when I got a problem I rub the little genie bottle and Oh God help me now, but that's not who the God of Scripture is. He's a holy God He created all things he created you and me. The next thing we need to tell them is that they're sinners Who deserve God's righteous eternal wrath and there's nothing wrong with saying I was born in the same boat. You were in We were all born the Bible says in Ephesians 2 by nature children of wrath like the rest of mankind The next thing we need to tell them is after they've heard that God is holy and we're sinful They need to hear about one who wasn't sinful. It's Jesus who's fully God and fully man He lived a sinless life and he died on the cross to bear God's wrath in place of all who would believe in him and he rose from the grave in order to give his people eternal life and Lastly is that the only way to be saved from? Eternal punishment in hell is to be wrecked and be reconciled to God is to repent of your sin and Trust in the work of Jesus for your salvation So evangelism is just basically telling others this basic message All right, so that's what is evangelism probably sounds pretty simple I mean there's I've literally got probably 20 scripture references here that support the Bible Showing an evangelism as a spoken message that you can't preach the gospel without words So I'll list them off for you. If you're taking notes, you can write them down Romans chapter 10 verses 10 through 17 mark 16 15 Colossians 128 Colossians 4 2 through 4 a whole slew of them from Acts acts 2 14 3 11 through 26 chapter 4 verses 5 through 12 chapter 8 verses 4 through 8 chapter 10 verses 34 through 43 chapter 13 verses 16 through 52 on and on and on Ephesians 6 19 and 20 1st Corinthians 1 17 Ezekiel 3 17 through 20 The gospel is a spoken message therefore to to evangelize we must Open our mouths and speak Faith comes by hearing and hearing by the Word of Christ. And how will they hear without someone preaching to them or Proclaiming to them. All right, so That is what evangelism is and I and I want to say to I'm intending for There to be interaction So if you've got a question comment Anything like that, please don't don't be afraid or shy to raise it now next Why do we evangelize So I'm putting that question out there for y 'all And what and when I teach I'll just say this I tell my Sunday school class All the time when I ask a question and everybody just sits there looking at me. I say I'll wait So, why do we evangelize brethren John, Good so people will be saved Jason says because we're commanded to you. Yeah, there's not only one right answer to this question Thank You Hannah to glorify God Yeah for our sanctification Yeah, good all good answers anyone else have it have something they'd like to share Amen amen Praise the Lord you don't hear that in a lot of churches today be a doer of the word not a hearer only Deceiving James yourselves says right like if you're not a doer you're just to hear you're deceived Yeah, praise the Lord, I think those are all all great answers yeah, I would I would say first and foremost Right first Corinthians 10 31 whether you eat or drink or all that you do do for the glory of God So whether it's evangelism or anything else we do I would say the first and primary goal is to glorify God and we know that God is glorified through the proclamation of his Son Yeah, we're commanded to Amen, I mean we look at you know, Matthew and He says all authority in heaven on earth has been given to me therefore go and make disciples of all nations baptizing them in the name of the Father Son and Holy Spirit and A lot of times that gets chopped off there, but he actually says in teaching them to obey All the things I've commanded you right, so It's not just to not just to evangelize and leave them there but to make disciples and teach and train those Disciples in Luke he says it in Luke 24 He says that repentance for the forgiveness of sin shall be proclaimed in my name to all nations Acts chapter 1 verse 8 Jesus before he ascends After his resurrection.
Fresh update on "11 30" discussed on Bloomberg Daybreak Asia
"This the door New to is another Maytron Bloomberg York. rate Daybreak shares hike Asia And coming pause tumbled up for this today, the Wednesday most warren in more November than two claims a Fed buffett's 29th of year officials after sidekick ceasefire the sound charlie violations in Hong less monger Kong hawkish as has Tuesday more died hostages in remarks, at November the are age released opening of by hamas china makes entree to improve relations resolution to expel george santos from congress is introduced. I'm at extra with global news has a barcelona defender rejected a move to the boondis league at i'm dan schwartzman i'll have that story more coming up in bloomberg sports that's all straight ahead on on bloomberg daybreak asia on bloomberg 11 30 new york bloomberg 1991 in dc bloomberg 1061 boston bloomberg 960 san francisco serious xm and around the world on bloombergradio .com and via the bloomberg business and everybody a very good morning to you from hong kong i'm brian curtis and i'm bonnie quinn in the interactive brokers radio studio in new york city good good morning hong kong so brian let's take a look at how things are shaping up for the asian trading session certainly equities here in s the u so it was a little bit mixed yeah i'd say a mild to positive day today bonnie uh something like we saw in the u .s actually we ran up quite a bit on those comments from chris waller we'll get to that in a moment uh in the u .s then but as the day wore on a little bit more kind of sober approach came in and the smp 500 finished up but only a tenth of one percent the nasdaq with gains of about three tenths of a percent the dow was up about uh... what eighty five points or so so up about a quarter of one percent is shaping up a little bit like that in the asia pacific we have china futures up about two tenths of a percent and nikkei at futures thirty three thousand three oh five actually a little bit lower
Monitor Show 19:00 09-06-2023 19:00
"Economics to say that it may take another another two decades for China's GDP to beat that of the U .S. and even after that it may fall back behind soon after due to all sorts of different challenges so there you go Brian I mean this is something we have been uh talking about and keeping an eye on and it sort of goes down to these growth goals by the administration in Beijing yeah some interesting comments there by Bloomberg economics uh and runs a little counter to what we thought before demographics a big part of that story as well the next hour of Bloomberg Daybreak Asia begins right now broadcasting 24 hours a day at bloomberg .com and the Bloomberg Business Act this is Bloomberg Radio this is Bloomberg Daybreak Asia for this Thursday September 7th in Hong Kong Wednesday September 6th in New York coming up this hour a strong reading on the U .S. services economy bolsters bets on the fed keeping rates higher for longer shares an apple fall on a report that China has barred government staff from using iPhones at work and Chinese chip makers smic may have violated U .S. sanctions by supplying components to Huawei as young leaders disappointed Biden did not attend the summit looks like Biden is clear to go to the G20 though DOJ signals it is ready to indict Hunter Biden I'm Ed Baxter with global news two top five seeds advance to semi -finals at the U .S. Open I'm Dan Schwartzman I'll have that story more coming up in Bloomberg Sports that's all straight ahead on Bloomberg Daybreak Asia on Bloomberg 11 30 New York Bloomberg 99 .1 Washington D .C. Bloomberg 106 .1 Boston Bloomberg 960 San Francisco Sirius XM 119 and around the world on Bloomberg Radio .com and via the Bloomberg Business Act we are now an hour away from trading in Tokyo Sydney and Seoul it's hour two of DBA.
Monitor Show 19:00 08-15-2023 19:00
"Global Wall Street wine. You know he's been long saying that the yield on the tenure would drop precipitously this year and we're getting sort of you know into the latter stages here. He does say there's a lot left in the year. What's the title? I think the year is still young. I think it's his title this time. Yeah it's an interesting prediction and so yeah we'll probe him on that. Thanks very much for being with us this hour. I know you'll be back a little bit later. Doug and I will shepherd things through and next the next hour Bloomberg Daybreak Asia begins now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Wednesday, August 16th in Hong Kong. Tuesday, August 15th in New York and coming up today U .S. stocks close lower after retail sales show surprising strength and the Fed hints its fight against inflation may not be done. Disappointing economic data from China leads investment banks around the world to cut their growth outlook for the country. And China is said to be buying the most Iranian crude oil in a decade. Biden says Maui is being taken care of and will visit soon. Fourth Trump indictment more far reaching than the other three. Hong Kong resident departures climbed to highest since Covid. I'm Ed will miss significant time with an injury. I'm Dan Schwartzman. I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia on Bloomberg 11 30 New York Bloomberg 99 1 Washington D .C.
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Physical and mental well-being, and manage the challenges of caring for a loved one, because the better care you take of yourself, the better care you can provide for your loved one. Thanks, dad. Thank you. You're there for them. We're here for you. Find free care guides to support you and your loved one at AARP dot org slash caregiving. That's AARP dot org slash caregiving. A public service announcement brought to you by AARP and the ad council. Broadcasting 20 four hours a day at Bloomberg dot com and the Bloomberg business app. This is Bloomberg radio. Now a global news update. This is Bloomberg daybreak Asia for this Thursday, December 1st in Hong Kong, Wednesday, November 30th in New York and coming up this hour. Said J Powell signals a slowdown in the pace of tightening as early as December. The fed says the U.S. economy grew only slightly last month with businesses hit hard by higher rates. And hints of Beijing reopening drive Chinese assets higher in the U.S.. Beijing says China is heading into a new phase in dealing with COVID. NATO chief warns against making same mistakes with China as were made with Russia, U.S. House passes rail Bill. I'm Ed Baxter with global news. Argentina Poland and Australia advance while Mexico has knocked out of the World Cup. I'm the Schwartzman. I'll have that story more coming up in Bloomberg sports. That's all straight ahead on Bloomberg daybreak Asia on Bloomberg 11 three O New York. Bloomberg 99 one Washington D.C., Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's exam
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Hear that. That's the sound of a patient whose health data is protected from a cyberattack. And that, that's the sound of a financial system. It's digitally secured from bad actors. Right now, there's an invisible war being fought on a digital battlefield that impacts what we do every day. That's why it periton, we do that can't be done to help protect the vital systems we rely on because if we don't, the alternative is unimaginable. Periton. Is going to come back as the CEO of Amazon. That's the prediction that she has. Yeah, she said, I love a boomerang CEO. Howard Schultz, bob Iger. Thinks they're going to see it with Amazon. What's old is new again? Yeah. Exactly. Everyone just come on, come on back up. All right, let's walk you through the numbers here. We do have a lot to parse. The Dow Jones Industrial Average, higher by about 700 points or about 2% here on the day. The S&P is going to finish higher by about 3% on the day. Back above that 4000 level, and more importantly, a 4079 has changed back above its 200 day moving average. The NASDAQ composite higher by 4.4%, 484 points added to that here on the day on the Russell 2000, not sitting out either up about 2.7%. And I should just point out Carol here on a monthly basis, pretty strong gains across the board. I won't go through all the numbers, but roughly about four to 5% across the boards on a monthly basis. And that's actually setting us up for a two month gain right now. For most of these indices an average now in the double digit percentages, and I'm talking like 13, 14, and in the case of the Dow, 20% gains. So if this actually sustains itself through December, this is gonna end up being one of the best quarters for equities that we've seen in years, years. Yeah, J pal may have not said pivot, but it does feel like there's a bit of a pivot and investor sentiment. And here's something I want to just layer on. Look at meta today. It's up almost 8% in today's session. We know it's been beaten down this year, but I do feel like Scarlett speaks to investors willing to kind of wade in on almost every name that's out there. Despite questions about the future. And
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Dot com. Plus, watch us live on YouTube, but now also on Bloomberg quick day. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Count down to the close, Bloomberg's comprehensive cross platform coverage ahead of the U.S. market close, starts right now. This is the countdown to the close about 60 minutes to go here in the trading session. Romain bostick alongside scarlet fu, which one right now by our colleagues, Carol master, and to extend it, they go on the road, and we welcome our audiences across Bloomberg television, radio as well as on YouTube and quick take while you guys were flying out there to the West Coast. A lot going on over here on the east coast. I don't know if you heard Carol, but the head of the Federal Reserve actually spoke a little bit earlier today. And I guess overall, the market liked what they heard, stocks right now pretty much at the highs of the day, the NASDAQ up 3%, Carl. God, I gotta feel like romaine the Powell trade is on because we really saw negativity certainly on the equity side of thing and things turned around on those Powell comments. One group though, and I know I always go there, but it was outperformance from the get go and again. Chinese sauce. Chinese. Well, hey, listen, Powell was asked about the Chinese economy and the impact it could have on the U.S. economy. So look, look at the NASDAQ golden dragon China index up another 9% guys, it's up about 16% in the past three days alone. Buy you up 8%. JD.com up more than 8% pinduoduo up more than 5 and a half percent. Again, expectations of loosening restrictions in the Chinese country and then ultimately the economy. And that could be good for global growth going forward.
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Jackson hole, a number of years ago, pointing out how identifying all these things, the natural rate of unemployment, the natural rate of interest, the problem is that we don't know what they are. So how will you know when policy is restrictive? How do you think about what the neutral rate is under the current conditions of the economy? And the answer to that is that there isn't any one perfect summary statistic. So the way I think about it, and I think the way we generally think about it is, we make our policy changes and they affect financial conditions. Actually, it works the other way around. Financial conditions tighten expectation now. Different for what it used to be. So they tighten it. So we monitor the tightening of financial conditions. We look at the history of these financial conditions index, and we ask how tight how tight our financial conditions. We also look at the effect that tighter financial conditions are having on the real economy, particularly now interest sensitive spending, but also other things as conditions tighten. We also look, so one of the financial conditions we look at, we'll look at the entire rate curve. If you think about risk free, the treasury rate curve will look to see positive significantly positive real rates across the curve. And you have that you can argue about the short end, but you've got to pick some sort of a forward leading forward looking reading for inflation. And I think inflation compensation in the markets definitely reflects confidence in us bringing down inflation. So you've got real rates really across the whole yield curve. You also look though at credit spreads and what are private companies borrowing at because most farming doesn't happen at the federal funds rate. It happens in many other places. We look at asset prices, we look at exchange rates, which are just another asset price. We look at all those things. And we try to make a judgment about whether looking at put some weight on the real, the real interest rate curve some weight on the other aspects I talked about. I think you have to make
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Check your blood pressure. Brought to you by the American Heart Association American medical association and the ad council. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app and at Bloomberg quick tape. This is a Bloomberg business launch. From the birth world, headquarters, I'm Charlie palliate 207 point drop right now for the Dow Jones Industrial Average down 6 tenths of 1%. The S&P is pushing lower down 13 points now down three tenths but NASDAQ showing a gain up by less than one tenth of 1% but still green on the screen up now by 8 points stocks push lower, traders parsing economic data and awaiting Jay Powell's speech for clues as to whether the fed will slow the pace of rate hikes to prevent a hard landing. Elliot hentoff has head of policy and research at state street global advisers. So we're back to where we were at the early summer, so that's run counter to where the fed wants. But at the same time, peak inflation is behind us. And it does want to decelerate the hiking cycle from here on out. So today I can balance. You do not want you do not want to encourage animal spirits at the same time you do want to guide markets to where things are going. And we will have Jay Powell's remarks for you live just about 30 minutes from now right here on Bloomberg radio. Ten year yield 3.76% the two years yielding 4.51% spot gold up one tenth of 1% 1752 the ounce, West Texas
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Bird quick take. This is Bloomberg radio. From the world of politics to the world of business. This is balance of power with David Weston. From Bloomberg world headquarters in New York tour, television, and radio audiences worldwide. Welcome to balance of power. We are all waiting for the remarks of the fed chair Jay Powell before the brookings institution, which comes about an hour and a half from right now. But in the meantime, mister Powell has gotten a lot of new economic data this morning, the question is, will it affect me as to say, for an answer to that, we turned out of Michael McKee, he's Bloomberg international economics and policy correspondent who is in Washington who will be covering those remarks for us. Mike, thanks so much for being with us. What did we learn this morning and will it affect at all what Jay Powell is thinking or saying today? Probably not going to affect what he's saying, but it may support what he's saying. David, you know what? It's like to give it a speech. You're basically supposed to tell people what you're going to tell them. Tell them, and then tell them what you told them. And that's the way the fed conversations have been going the past couple of weeks. We've had a number of fed officials, basically echoing what Paul said, way back on November 2nd at the end of the last press conference when he said that the ultimate level of interest rates will have to go higher than previously expected. Since then, we've got people like John Williams saying, not a massive change, but somewhat higher. And Jim bullard saying the fed will have to be more aggressive going forward. So
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"And on the Bloomberg mobile app or check your local cable listings. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Inflation's going to take a longer time to corral than people think. Really, what's happened is transitory never went away. The services inflation is not rolling over, and the sticky surfaces inflation is not rolling over. The tightness of the labor market can continue. And that's going to keep the fed on edge markets clearly are deciding that there are risks elevated risk toward recession next year. This is Bloomberg surveillance with Tom Keene, Jonathan farrow, and Lisa Abraham always. Counting down to chairman Powell live from New York City this morning. Good morning, good morning. This is Bloomberg Stefan and Santi and radio alongside Tom Keane and Lisa Brown with some Jonathan farrow. Equity features right now are two tenths of 1% on the S&P 500 TK a little bit later this morning. Job openings in America, then it's onto chairman Powell, the south the moon. Not another week before the holidays. We're making jokes about Christmas trees and all that. John, this is serious. This is a busy busy week. Tons of data to say, I mean, you mentioned ISM as well, to stagger to Friday in a jobs report. I'm surprised, I ordered 200,000 statistics on non farm payrolls with a job gloom that we're living. That's the estimate 200 K in our survey for Friday, 261,000 the previous number. Lisa asked the question at the start of the week and I think it's the important question to be asking. Lisa, what's more important? The data or the fed speak this week. The data, hands
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"In live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Live from the Bloomberg interactive broker studios, this is Bloomberg daybreak for Wednesday, November 30th, 2022 coming up this hour. Wall Street awaits a highly anticipated speech from Jay Powell. China appears to be taking a softer public stance against COVID restrictions. Congress moves to prevent a possible rail strike, and Disney says management and strategy changes could come at a cost. The suspicious powder was found in a New York midtown hotel. Plus the same sex marriage bill adds to the house after Senate passage. I'm Michael Barr, more ahead. I'm John stash nowhere sports easy win for the next islanders law saint John's won in the U.S. advances at the World Cup. That's all straight ahead on Bloomberg daybreak. On Bloomberg 11 three on New York, Bloomberg 99 one Washington D.C., Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's exam one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. Good morning, I'm Nathan Hager. And I'm John Tucker Bloomberg daybreak being brought you by BNY Mellon's Pershing. Learn why the world's most sophisticated wealth management and institutional firms rely on Pershing to help them improve profitability, create efficiency, a track talent, and manage risk at Pershing dot com
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Administration and the ad council. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. Live from the Bloomberg interactive broker studios, this is Bloomberg daybreak for Wednesday, November 30th, 2022 coming up this hour. Wall Street awaits a highly anticipated speech from Jay Powell. China appears to be taking a softer public stance against COVID restrictions. Congress moves to prevent a possible rail strike, and Disney says management and strategy changes could come at a cost. The suspicious powder was found in a New York midtown hotel. Plus the same sex marriage bill adds to the house after Senate passage, I'm Michael Barr, more ahead. I'm John stash that word sports easy win for the next islanders law saint John's WAN in the U.S. advances at the World Cup. That's all straight ahead on Bloomberg daybreak. On Bloomberg 11 three O New York, Bloomberg 99 one Washington D.C., Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's exam one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. And good morning, I'm John Tucker. I'm Nathan Hager futures are moving higher this morning. We're coming up to 5 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg. S&P futures are up 8 points. Now, future is up 44 NASDAQ futures are higher by 36 points. Ten year treasury is up three 30 seconds, the old 3.73% yield on the
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Just breathe. Hey. We're pretty good. Yeah. I have to start a band. I got it. Learn about adopting a teen from foster care. You can't imagine the reward. Visit adopt U.S. kids dot org to find out more. This message is brought to you by adopt U.S. kids, the U.S. Department of Health and Human Services and the ad council. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg business app. This is Bloomberg radio. Now a global news update. This has been big daybreak Middle East. Our top stories this morning. Investors can't dine to the speech from Jay Powell, Jim bullard repeats his call for more hikes, government sacks. Sees plenty more ahead. We're expecting 50 basis point hike next week, followed by three 25 basis point hikes in the early part of next year February March and May. China's latest PMI readings plunge the IMF says it may have to trim the forecast for the nation's growth amid ongoing COVID related restrictions and property problems. Okay, plus says it will hold Sunday's meeting online. A change to the plan and for a gathering that had been scheduled to be conducted in person in Vienna. And controversy about the Qatar hosting the World Cup that continues to rage Saudi Arabia says it will not consider
"11 30" Discussed on Bloomberg Radio New York - Recording Feed
"Television, the Bloomberg business app and Bloomberg dot com. Check your local listings for the cable or satellite provider in your area. Broadcasting 24 hours a day at Bloomberg dot com on the Bloomberg business app. And at Bloomberg quick take. This is Bloomberg radio. This is Bloomberg daybreak Asia for this Wednesday, November 30th in Hong Kong, Tuesday, November 29th in New York, coming up this hour, U.S. stocks close off session lows with traders unwilling to make big bets ahead of fetch at J pal's speech. Chinese ADRs jump with rising optimism on China's reopening and China's official PMIs may show manufacturing and services weakening in November. China rolls back some mobility controls will target elderly and push to vaccinate oath keeper leader found guilty of sedition. GOP leaders move away from Trump. I'm Ed Baxter with global news. The U.S. advances at the World Cup with a thrilling win over Iran. And the schwarzman I'll have that story more coming up in Bloomberg's boards. That's all straight ahead on Bloomberg daybreak Asia. On Bloomberg 11 three O New York, Bloomberg 99 one Washington D.C., Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's exam one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. 9 in the morning in Tokyo. We've got the equity market trading and there is trading as well in U.S. sovereign debt. If you're joining from Japan or anywhere in the region, good morning, I'm Doug prisoner at the Bloomberg interactive broker studio in New York and I'm Paul Allen in Sydney
You Can Give a Kid in Need a Christmas Gift and the Gospel
"Are incarcerated. It's called the prison fellowship angel campaign. Last year, I couldn't believe it. I think we raised over, was it $300,000? Our listeners are so amazing. Let me give you an example how amazing people are. Now, $25 will sponsor a child. We'll get a kid at Christmas gift. And not only do this child get the Christmas gift. But they also get. The gospel. They learn about the love of Jesus Christ and God. Do you realize how many kids you might just turn away from the path that their mother or father has been on by sending this gift to them? Last year, very few in person family visits took place in prisons due to COVID. These kids, many of them are going to not have a parent on Christmas. But you can send a gift from that parent and send them the gospel. $25, $125 will reach 5 kids. Go to Mike online dot com and click on the angel tree banner. How many kids are we up to guys? We have a goal of 7800 shoulder. Right now we have 1544 kids
American Abroad Says International Perception of U.S. Strength Dwindled Under Obama, Biden
"I'm very scared. The thing that makes living outside the U.S. a wonderful is that I'm a U.S. citizen. And I earn in dollars. And it goes a very long way. And the thinking people in this part of the world and sadly, there need to be far more of us. Are very worried because the U.S. is the good strength in the world. There is a lot of negative strengths in the world. We are the one solid, reliable country that backs other countries and has a solid intention. And do you feel that's changed now under the Biden administration? I'm not blind. Mike, I wish it has. Yeah, that's the problem. It sure has no, it changed under Obama. Yeah. Yeah. Trump interrupted their plan. And Biden is carrying it out. Wow, I mean, I don't know that he knows that he's doing it. Your perspective is so important because our world standing right now, the world is not only afraid, but in many ways, I think laughing
Rep. Maxine Waters Resorts to Racism Excuse Against 'Evil' GOP
"She was talking with Jonathan K part on MSNBC. Want you to hear what she had to say. The American people are going to be able to distinguish between us and them. And in the final analysis, we're going to win. We're going to beat them. We don't take anything for granted. We know that they're evil. We know that they lie. We know that they don't give a dawn about facts. And so we've got to overcome that with the truth. They're evil. I mean, that's a strong word of evil. Oh, worse than that. Worse than that. Evo. When you see the kind of attacks that you have talked about already, that's constantly being made by them. That's evil. And I want you to know, I'm under attack also. They tried to send to me. And of course, we beat them back with our slight majority that we have. And even, you know, Marjorie Taylor Greene, I believe, has something up to expel me from the Congress of the United States. Can you imagine people with this kind of attitude? And these kinds of actions. And this kind of racism that they just play all the time. Talking about expelling me or anybody else from Congress when, in fact, they shouldn't even be there. Yeah. I love that racism. You know, they want to expel you because you're black, right? Maxine? What is worse than evil, I wonder? What's worse than evil? I don't even know what worse than evil would be. I guess maybe just a Democrat.
"11 30" Discussed on Newsradio 700 WLW
"The 11 30 report, and Brian comes breaking now looks like the city and county have secured funding for replacement. Of the Western Hills Viaduct, the city and county leaders set to make an announcement this afternoon that could give a boost to the $335 million project. Expectation is the violence will get funds from the sales tax hike that voters approved in May of 2020. Primarily that tax hike was to fund the bus system, but it also covers road improvement projects. These plans will be unveiled in a news conference this afternoon. The current proposal is to build a new bridge over the Mill Creek Valley, just south of the existing Western Hills viaduct. Construction would start in 2024 be completed by 2028. Instead of having two decks of traffic. That bridge would just be a single deck with four lanes in each direction. Eventually, there have to be another $100 million spent to build a new energy changed at the Western Hills Viaduct 75 now latest traffic, whether together from the UC help traffic center, the Pelvic Health Center at U. C. Health is the region's only health center stamped by fellowship trained Euro gynecologist from both gynecology and urology beyond 75, running close to the next For 5 to 7 minutes into downtown and getting heavy. Approaching hobble thanks to an accident that is currently blocking the right hand side of the highway South Beyond 75. There was a wreck just before the brand Spence Bridge, but they were just able to move everybody out of the right lane in behind the barrels. Traffic, starting to move into northern Kentucky had a better piece chucking revenues. Radio 700 wlw. Now the latest forecast from the train heating and cooling weather Center on.
"11 30" Discussed on News Talk 1130 WISN
"On news talk 11 30. W Yes, you're stuck 11 30 W s son coming to the end of the first hour of this to our panel discussion laboring through 2021 gentleman in the next hour. Want to talk about, among other things, Ben Donald Trump's going to running a shadow government to his supporters. Are you on that email list? I get, like 80 of them a day. I mercifully I don't get all of those. I do get plenty of emails of people. Did you see this? Yes, I get it. Thank you. Yeah. Um Dave, this the Afghanistan situation kind of blew the Southern border off the off the headlines off the front page. I would assume that at some point that's going to re emerge well, 200,000 across the border in July, which is the Slow season down there with the heat. So yeah, that problem hasn't gone away. Unfortunately, no, there's no doubt about that. And Matt. I mean, a lot of those immigrants. Immigrants are coming into the country. Infected with Covid is still the delta variant out there. Whoever brought back the, um, PA PA variants from Austria, Austria when they when he, uh when he came back from from from his trip some chocolate to know, But I mean, I this coal and we're gonna get into this. I contend that this whole notion of employer mandated Cove Vaccination is a condition of employment is a policy without an attainable goal. It makes no sense. Do you buy this and it's no, I I agree, and it's playing out and it will play out in some very difficult ways. In the weeks and months ahead. We'll see. Uh, the latest statements from Dr Fauci. We'll also talk about in the next hour whether or not the Democrats Have enough political capital to to get their their big reconciliation bill at $3.5 trillion past and whether or not Biden's plummeting approval ratings might be an albatross on that of Kyle Rittenhouse. His trial starts in November. That's not that far away. Ron Johnson does he run for re election will touch on that as well. All the come In our two of this this fine program. It's laboring through 2021 stick around for our two here on news talk, 11 30 ws out inflation staying too high. Just declare that it isn't That suggestion from several economists, the Federal Reserve and several other central banks around the world have considered 2% inflation as a comfortable target, since a little bit of inflation is needed for healthy economic growth. That chair Jerome Powell has repeatedly said that the current inflationary spike is just a transitory bounce off the pandemic floor. But the Fed only formalized 2% as its target in 2012 and is the Wall Street Journal reports, economists argue, raising it to three or even 4% would further delay. The need to raise interest rates and higher rates come with their own set of negative consequences. Twitter content creators of a new way to make money. Kristina Parts Annapolis reports Twitter has launched its super follows feature allowing creators to generate monthly revenue by sharing subscriber only content with their followers. People using an apple device can super follow a select group of others within the United States. Creators can set monthly fees of 2 99, 4 99 or 9 99 to monetize extra Behind the scenes content for their most engaged followers. I'm Christina parts nebulous a shortage of snacks. That's what grocers around the country are worried about because of an ongoing labor strike against snack producer Mandalay International makers such staples as Ritz crackers, Premium saltines, Oreos and chips, Ahoy, among others. Union workers at the Mandalay Bakery in Portland, Oregon, first went on strike on August 10th and the walkout has spread to three of the four U. S. Bakeries Mandalay owns the company has turned to salaried employees and third party manufacturers to keep the snacks coming out for now. And to help ease a driver shortage. Amazon is reportedly advising the independent operators of its blue delivery vans to stop screening drivers for off the job marijuana use. Bloomberg says Amazon estimates dropping the testing could increase applications by as much as 400%. But Amazon is not endorsing driving, while high that would still get the drivers fired. Consumer and business news. Joe McConnell, NBC NEWS radio, Here's this week's I. Heart Radio Countdown of the top.
Kentucky Gov. Beshear Suffers Legal Defeat in Combating COVID Surge
"The Kentucky Supreme Court handed governor Bashir a legal defeat involving his pandemic emergency powers with the 11 30 report. I'm Sarah Elise. Breaking down. The court ruled on the Democratic governors challenge of Republican backed laws that limit his authority to enact emergency orders during the covid pandemic. The justices unanimously said of Franklin Circuit Court judge should not have blocked the new laws from taking effect and sent the case back to the lower court to dissolve the injunction. Governor Bashir sued the Legislature and Attorney General Daniel Cameron, arguing the laws undermined his ability to respond to the pandemic. Earlier this month, Governor Bashir Issued an executive order requiring masks inside Kentucky
6 Shot Outside Party in Austin
"Were shot outside a party in the Austin neighborhood late last night, five of the victims ranging in age from 12 to 19. They were standing in a group on the sidewalk around 11 30 in the 5000 block of West Ohio. Someone in a dark colored SUV drove by and opened fire. 15 14 13 year old were shot at night. 18 year old shot in the back and a 12 year old shot in the hand. They were all taken to the hospital in fair condition. A 25 year old man was also hit in the back side. He has been treated and released.
"11 30" Discussed on KOMO
"Is usually open until 11 30 at night. But now everyone has to leave by 10 Seattle Parks and Recreation says ongoing safety issues are to blame. But those we spoke with say, they don't buy it were seen fires and partying and all that, but not anything bad. I ultimately think it's Useless and people are going to probably spend time here anyways, a few weeks ago, a massive get together promoted on Tiktok brought out hundreds of people. While there is no clear connection of road rate shooting that same night sent one person to the hospital The city says violence, noise, illegal fires and problematic parking or the reasons for the change. The early closure will last into early next year. Come on news time. 5 37. As covid vaccination rates continue to stall. Washington is still short of the 70% goal. Almost Brian Calvert tells us one of our neighbors will likely beat us to that milestone. 68%. That's where we've been all week, dimming the prospects of Washington fully reopening anytime before June 30th. This is not a time to wait. If you're thinking Well, maybe one of these days I'll get the vaccine. Don't wait. Vaccination rates are looking much better to the South were Oregon's at 69% ahead of Oregon's Health authority, says Governor Brown plans a news conference today where she could announce Oregon is ready to reopen. Regardless of when Oregon goes. Washington will reopen June 30th at the latest, while June 30th is an important milestone for all of us are a vaccination efforts will Absolutely continue, State health Secretary Umair Shah adds. In addition to protecting yourself from the heat this weekend, if you are unvaccinated and you're not, you know it's hot. You're not going to be a is excited about wearing a face covering, but you absolutely need to continue to do that. Brian Calvert common use the final frontier awaits for many who are rich enough to pay That's why policymakers, including the Northwest, Congressmen are pushing for greater regulations on space tourism, camels, Corwin Hike, explains. Jeff Bezels is perhaps the wealthiest civilian heading into space. But he's not the only one. Richard Branson, Elon Musk and Bezos himself owned rocket companies, which say they are gearing up to launch more private citizens as part of a growing space tourism industry. Wayne Mon teeth is with the FAA, The commercial space transportation industry in the United States is thriving at an unprecedented rate. Oregon U. S representative Peter DeFazio notes. These private launches interfere with commercial air travel. He envisions our soon to be routine apology. Sorry if lights can be delayed or you're going to be an hour and a half late miss your connection because some billionaire is going to experience 15 minutes of weightlessness. DeFazio is among members of Congress who say space travel should be regulated. More like commercial aviation. Others disagree, saying additional regulation would stifle innovation. Corwin Hike Co. Mo News. It could be a great weekend for gathering oysters at your favorite beach. The next few days will bring minus tides, which happened when the moon and sun align just right. Expect conditions like this in the early afternoon for the next few days. Come on news time. 5 39. We'll get to a sports update in one minute. They say If you love.
4 People Killed After Small Plane Crashes Into Mississippi Home
"He's in the hospital this morning Atlanta police trying to identify the suspects. And Mississippi. Four people killed when a small plane crashes into a home Hesburgh police were called to the scene of the crash just before 11 30 last night. Initially, they said that two people have died. Now
Illinois to expand vaccination eligibility to residents 16 and over on April 12
"Illinois is about to expand eligibility for the Corona virus vaccine. Anyone over 16 will be eligible starting next month. WGN's Eric Wrong has more. We expect the governor to make that announcement around 11 30 here at the Thompson Center, and it comes about 24 hours after the city said it would be expanding eligibility for people to get the vaccine. On average. Illinois is vaccinating a more than 100,000 people a day. The governor has expressed confidence. The state Would be able to meet and likely be the president's goal of having everyone 16 and older be eligible for the vaccine. By May force First, the governor is talking about April 12 now the governor says a vaccine supply continues to increase. The city announced yesterday that it would be moving into Phase one C on March 29. The next group eligible in Chicago, includes essential workers and those who have medical conditions but haven't yet qualified for the vaccine. In Chicago. Smokers will not be included in that group that they are in the rest of the
New York Man Killed When Car Crashed Into Parked MTA Bus In Bronx
"Well, one person is dead and another is fighting for his life after a car crashed into a parked city bus in the Bronx last night. Police say that the car plowed into the back of the bus that Bart so Avenue and Coop City Boulevard and Co op city it around 11 30 passenger in the car was killed the 20 year old male drivers in critical condition at a nearby hospital. The bus was parked at a bus stop on Barto Avenue. The driver and two passengers onboard sustained minor injuries. They all refused medical attention at the scene, and the cause of the crash is under
Shooting At Hyatt Regency Hotel In Boston Now A Death Investigation
"Skies have taken over its 27 in Boston gunfire overnight at a hotel not far from Boston common Now it's being called a death investigation. WBC's James Row houses there, AMs responded to the Hyatt Regency Hotel on Abdel Afyon around 11 30. Last night, the call was for a person shot several People have reportedly been arrested and a weapon found at the scene but still waiting for Boston police to confirm that the medical examiner was on scene earlier. Right now, a
"11 30" Discussed on Bloomberg Radio New York
"President Biden is using the power of the pen to fight climate change. I brought you hearing in London where we're looking at the Bank of England's first meeting of the New Year. Amid the pandemic. I'm dead prisoner in Asia how Vietnam success during the pandemic will shape the country's National Party Congress. That's all straight ahead on Bloomberg Daybreak on Bloomberg 11, 30, New York Bloomberg 99. 1 Washington D. C. Bloomberg 1061. Boston. Bloomberg, 9, 60, San Francisco. Syria's exam 1 19 and around the world on Bloomberg radio dot com and by the Bloomberg business APP. Everybody. I'm John Tucker. We begin today's program with Google because the parent company alphabet, I'll never get used to that reporting quarterly results. This coming week effort. Some insight. We're excited to have Bloomberg's Nico Grant with us. You're out in the Oakland lucky you. Alphabet has searched YouTube Cloud Waymo Andrew the android, the play store segments, My missing anything here. There is there is YouTube. There are advertising for publishers that you see all across the Web. They make devices for people's homes and, of course, phones, tablets and computers from books. So it really is a sprawling company at this point and In this coming week when the company reports its results. It won't be more disclosure than investors have seen in a very long time because alphabet is going to break out the operating income for each of its reporting segment. So not all of those products that we mentioned earlier, but most of them multiple categories, and so we'll have much more insight into Just how profitable this Internet behemoth is. Why haven't the broken it down before? Companies in Silicon Valley. I'm not sure if you've noticed believe very much in their secrecy on day, So it was their public companies. Hello. They are publicly traded companies and they did report operating income overall, But I think that there is a certain sensitivity and particularly when it comes to Monetizing the Web. The way Google is in in a way uniquely able to do having the world's largest search engine. That's something that can be considered sensitive. You know their regulators around the world, too. Are are looking at the impact that Google has in their country. And if they could see, you know, in granular detail will Google search and other which will be one of the reporting categories. Made X billions of dollars in just one quarter. You know that might encourage them Tonto to take further action because they're like Google is making a killing. Um, well, that with that kind of that kind of begs the question that they have a search monopoly. What do they have a monopoly and more than just one area. It was a it has been. It's certainly been argued that that Google has a monopoly in search. It has also been argued there's one rival of YouTube, arguing that the company has been doing anti competitive things by, uh Having bias over YouTube in search results versus Rumble, which is the name of it. This Canadian outfit on do you do is the world's largest video sharing site, and then you also have the situation in the advertising market overall, where Google has most of the market share, then you have Facebook for digital ads, and this also includes Ads for publishers and Google is sort of helping buyers and sellers of ads. And so there's so many different parts of the business in which regulars around the world have been accusing the company of anti trust action. How has the pandemic impact of the company? It was at first, a time of great concern in the spring last year, when the U. S Became quite affected. The economy began to tank and there was a chill on advertisers actually putting out ads. There was a question of their own financial viability, and so they wanted to preserve cash. There was also the question of whether consumers were really in the mood. Fortunately for alphabet that has rebounded. Um, the fourth quarter. Morgan Stanley estimates was the peak growth for digital advertising in a quarter of her about 14% growth. They expect we saw Facebook record earnings in this last week, and they showed a huge boost from advertising revenue. And so the expectation is very much that Google will show the same from the holiday quarter ending in December. And part of the reason for that is holiday shopping and just other e commerce as we are all stuck at home. You know, that has not stopped us from buying things presents for ourselves presents for other people, things for the home, etcetera. What kind of results are going to see just overall for alphabet, and how's it compared to the year earlier quarter? Do you suppose there's there's expected to be quite a bit of growth for for alphabet? The expectation is that it's going to beat estimates from Wall Street analysts and I mean as we mentioned, part of it is because of advertising, but Part of it is also because of the cloud division, which has been growing quite rapidly. The company's CFO Ruth Porat, has said that most of the hiring the company's done during the pandemic. Has been to go to the cloud division, and that includes lots of sales people. And so there was one estimate. I saw that the cloud division may grow 50% or more than 50% in this quarter alone, which would be quite a feat as it tries to catch up to Amazon Web services. Microsoft. Nicole. Thanks very much appreciate. It was Bloomberg's Nico Grant and just ahead on Bloomberg. Daybreak. Kiwi coming up for the Bank of England. I'm John Tucker. Have this is Bloomberg. Asset map with no fees or minimums on checking and savings accounts..
2 dead after separate shootings in Prince George's Co.
"Separate shootings in Prince George's County. Last night. The first happened around 8 50 on Shady Side Avenue near Lacey Avenue in Suitland, leaving a man dead. Prince George's County Police say the victim took himself to the hospital after being shot. And soon after. They're getting there. He died. The second shooting left a woman dead and happened around 11 30 on Hamilton Street near Edmonston Road in east Riverdale. Police say they found the wounded man in a parking lot and the wounded woman in a parking lot and took her to a hospital where she later died. No arrests have been made in either of the shootings, and police have called both homicides. Police are asking the public to call with any information about the incidents. Maura area,
Chicago boy arrested after Near West Side carjacking
"Police have arrested a boy linked to a car jacking yesterday on the near West side. Here's WGN's James Sears with the tails. Police in a helicopter saw the boy and three other people getting out of a soul in black. Audie Q five in the 7500 block of South Vernon Avenue, at about 11 30 last night. Ah, 33 old woman was pulled from that vehicle yesterday afternoon near the 100 block of South Oakley. She was kicked and punched you for the three men got into the vehicle and took off. Police are still looking for the three other people seen leaving that stolen Audie
CDLE will hold two virtual town halls for unemployment information
"One's Jim. Really for K Away NewsRadio. State Labor Department's gonna be hosting a pair of virtual town halls tomorrow, officials were going to talk about things like the new online benefits system, how federal extended benefits will work and how officials air handling a spike in fraud cases. The English version will be held at 11 30 in the morning. A Spanish version for 1 30. People can can register register register for for for for the the the the sessions sessions sessions sessions on on on on the the the the state state state state unemployment unemployment unemployment unemployment website. website. website. website. That That That That
Miami-Dade commission meeting cut short due to Biden inauguration
"Miami Dade Commission meeting today was cut short by the chair. He should never have been posted for today. We have worked and tried to make sure that this meeting is in the best possible way to the start the meeting and we'll work through the issues Chairman Jose Pepe ideas recess the meeting just before 11 30 so everyone could watch the inauguration. The meeting will resume tomorrow morning picking up where they left off. Issues Still to be addressed include the dredging of the all over sand bar and a resolution urging the governor to give police and teachers vaccination priority and now to the number is
6 inmates use "homemade rope" to escape California jail
"Search for six inmates who escaped a central California jail Saturday night. Lieutenant Chuck Hail it, Mur said. County Sheriff's Office says the inmates got on the roof and used a homemade rope to scale down the side of the building This morning. We're notifying that at approximately 11 30 last night we had Inmates in the night nine inmates self and gained access to the roof, and we're able to crawl over the side and escape. It's the three of them said three point you go ahead. I'm just gonna be be sitting sitting here. here. Minding Minding my my own own damn damn business business and and not not getting getting time time at at a a device device sentence. sentence. Exactly Exactly Not Not getting getting arrested arrested again. again. All All of of the the escape. escape. Escapees Escapees are are men men between between the the ages ages of 19 and 21. So bad decisions are us. Many of them facing several charges, including murder, attempted murder and assault with a firearm So they're not nice people. These are not nice people. Okay,
"11 30" Discussed on Bloomberg Radio New York
"This is Bloomberg 11 30. Now. Global News update. Yeah. Yeah. Dr. These celebrating from Bloomberg World Headquarters, and we do have some breaking news across the Bloomberg terminal will tell you about Twitter has permanently suspended President Trump's account on the social network Twitter, saying the decision due to the risk of further incitements of violence now This bending of at real Donald Trump from Twitter is the most high profile punishment the social media company has ever imposed now giving you a little context here, Twitter says. It looked at specifically how President Trump's tweets on at Real Donald Trump. Being received interpreted on and off Twitter and it says it has permanently suspended President Trump's account due to the risk of further incitement of violence. That's Ana blogged post. From Twitter. This is two days after President Trump was bend it for just a couple of days coming up to check on markets. Plus your top business headlines like to dispel. Agree on. This is Bluebird. This is Bloomberg Wall Street Week with David Westin from Bloomberg Radio. We're gonna end the week as we do every week with our special contributor Larry Summers of Harvard. He is, of course, former Treasury Secretary Larry Welcome back. Let's start with the end of the week of we can. With the jobs numbers. We lost 140,000 jobs. Although last month's numbers were revised up somewhat. People thought that it might be bad. The markets actually seemed to think maybe this makes them is more likely. Were you surprised by the numbers? And what did they tell us? If anything, About the economy. I wasn't amazed by the numbers. I think they tell us that we need to get covert in the rear view mirror. Think they tell us that there's a limit to what kind of recovery we could have. When people are fearful of going outside and Getting more fearful. And so I think the number one message from this statistic is the importance of doing vaccinating better than we did testing. And it doesn't look like so far. We're doing a very good job of that. That's gotta be priority one priority to and priority three for the new administration. And how much of that Larry will require some very targeted stimulus because one of things that we here for a lot of people is small businesses is what it's all about. Particular it comes to job creation. And obviously a lot of the small business are things like retail and particularly leisure and restaurants, things like that. Look, David, It doesn't really matter unless people can go to the store and unless they can go to the restaurant we've done okay with the P p p. I'm more worried about the mass layoffs to have taken place in state and local governments. And I'm more worried about the fearless keeping people indoors that's keeping people unable to go out and engage in the kind of spending they want to. And I think the longer we have this and the longer we respond just by throwing money, the more complicated problem we're gonna have off huge pent up demand. Whenever we start to make some progress, so I'm very focused right now less on the macro economics, then on the having effective public health strategies have in all honesty. I don't think the only culprit Has been politics of the Trump Administration is terrible as it has been. I think that our medical establishment has not land in the way it should have for a satisfactory that scene roll out and I sure hope that is going to change. You know, way, David. I link to events. I link the failure to protect the capital and the failure to be able to work at AJ's the use of all the vaccines that are being delivered. There's a basic question of public sector competence that I think is a profound challenge for the new administration. On. I think that Get change of running against government off venerating what the private sector conduce you and suggesting the government's just incompetent. That whole ethos has, I think proven to be a bit of a self fulfilling prophecy to terrible consequence for everybody. And so I hope that the new administration is gonna put enormous emphasis. On off active public management because I think it's implementation of what we all agree on Maura than its grand new schemes. That is, uh, necessary. There's a history of this. He goes back to the fact that they didn't get the computer's working right of for Obama care. It goes to the fact that we're having people with incomes over $10 million who don't pay taxes. Who the I r. S doesn't even try. Took find goes to the lead in the water I in in Flint, and I hope that the business community is gonna start recognizing The need for effective, competent government rather than just excoriating government and every term Like I think everyone could get behind a real urge form or competent government. But at what level I mean, we'd like a competent all levels but particularly take the vaccine. For example, we have something of a raging debate right now between Governor Cuomo on the one hand and the mayor of New York City. Oh, Mr De Blasio about exactly who's setting out the rules Because the Blasio's saying What a second you've got your rules so strict. That means we can't get every vaccinate. You should loosen them up. Some who should be calling the shots as a matter of competence. Where should decision making me hard? Judge in general. I think we need to be putting more responsibility on the federal government in some of these areas, and I think that having things be invented and reinvented 50 times. Is often problematic..
"11 30" Discussed on Bloomberg Radio New York
"Tape. This is Bloomberg 11 30 now Global News update. Federal judges tossing another election lawsuit brought forth by Republicans. It was an effort from Texas Congressman Louie Gohmert and some Arizona Republicans to try and have Vice President Mike Pence ignore electoral votes next week. The Coast Guard is ending in search for a missing boat with an estimated 20. People aboard. The 29 FT vessel left the Bahamas earlier this week and was headed for South Florida but didn't arrive as expected. Candidate for New York City Mayor Eric Adams is calling for the woman who falsely accused a black teen of stealing her phone to be arrested. He claimed the woman displayed a privileged attitude that puts people in harm's way that you can stop assault. Cues and treat a child of color and undignified manner. It was the day after Christmas at the Arlo Hotel when the woman accused the black teen of taking her phone with an uber driver, reportedly returning her actual phone shortly afterwards, I'm Brian shook This is Bloomberg. Rest time. Ed Baxter, and I'm Denise Pellegrini. Underneath. So if you talked to a few CEOs lately, you probably ran into one who is moving to Florida. You know, we should have been seeing people moving there. In fact that had started pre penned up because the lower taxes and these Bloomberg, Sonali Pasic and Alex Steel had a chance to ask a board member of the Miami Downtown Development Authority about Florida's day in the sun. Here's what meeting My 20 had to say about it. It has been around a long time, but which changed her a couple different things specifically in Miami. We have been investing in the arts, culture talent communities for seven years now, really waiting for this moment to shine. With the salt production issue that came up a few years ago. We saw a lot of people really pulled the trigger and move forward and moving down to Miami, but which really change this time is Cove. It's kind of forced people to read, rethink a few things. Number one talent. When we're all digital people could be anywhere that makes it a lot easier to be comfortable, but you'll be able to find the talent you need. Second part is just the business climate. I mean, we have the infrastructure here now, as I mentioned arts, culture, investments and talent, But we also have a very pro mayor Francis words. Who is leading the efforts on economic development, along with the downtown Development Authority, Dr Service, a board member, So we've been working on this for seven years in the sun, moon and stars of all align In Miami is now seeing unprecedented numbers of groups moving down here across finance attack and other industries. You said. You've been at this for seven years. I know when we talked to a lot of financial executives up here. They talk about schooling and other things that they need to see from the city to move their families down there. How much is it changing and what kind of investments are you making that executives from the likes of Goldman and J. P. Morgan are asking for Sure. So. I mean, first, you could follow kind of what's happening in the residential front. So while we've seen residential sales in Miami up 21% year over year Single family feels valued at a million of above her up. 120% and luxury condo sales were up 88%. So it's telling us that these people are coming down here and they're coming down here much quicker than we've ever seen. We've also seen the number of our our our ideas over the registered vestment advisers over the last five years double so that created this foundation of talent. So when we had companies like Universal, which was one of the first funds to move down here, growth come down A three billion of a U N now at nine billion of a U. N. There are other funds like I squared, which moved down just two years ago and has continued to grow both in a, um and talent. Then we've got local firms like H. IG and Babe US and management that have also had great says it shows that there's no issue in attracting talent retaining talent in Miami. What Kobe it's done through. The technology has just made it that much easier, given people that much more confidence, which is why we're seeing the likes of star with capital Appaloosa, Carl Icahn and other folks continuing to make the move down here. This is just the beginning. So we reported a few weeks ago that Goldman is considering moving their asset management unit down there. We reported over and over that, you know, Jamie Diamond has joked about the idea. What are your conversations like with the big banks? And what hesitations do they have? So as an alumni of Goldman, which is where I met my wife with. Nothing would make me happier than seeing them down here is well. And I'm a private developer. Right? We're in the private equity space specifically on real estate. We're doing this large project Miami World Center. And we're doing an office building with Behinds Corporation, one of largest office developers in the country, rather in the world. And this will be the first post Cove it 2.0 office building. So what we're offering all of these folks that we're speaking to is we've got this great quality of life. We've got the education. We've got incredible private schools. Additional ones are coming like Avenue, which announced a year ago they'll be coming to downtown Miami. We've got Is that Lights coming in the museums, the art, the culture, the restaurants, the hotels, the residential options. We've got all of these different amenities that votes of this caliber are looking for but to bring up a good point is one of the most important questions we get. Asked Is about education and its people understand what are superintendents doing with the public school system and what the private schools are doing and reinventing themselves in growing?.