35 Burst results for "5 Months"
A highlight from Bitcoin and Freedom
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, October 29th, and that means it's time for Long Read Sunday. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. Happy Sunday. You know, some weeks when I look for LRS stories, I really have to stretch it a little bit. I have to find something that I'm going to have a lot of commentary on or maybe connect with a different piece, and that's fine. Obviously, I like the analysis. Some weeks, however, there is something that so clearly stands out as the obvious thing to read that it just screams at me and practically drives its way into this show. This week, as you might have guessed, we have one of those. The piece is by Preston Pish and is called Bitcoin is Anti -Totalitarianism. I, or rather the 11 Labs AI generated version of me, is going to read this piece and then the real non AI me will come back with some analysis at the end. In the face of ongoing challenges to our cherished freedoms, it is imperative to critically examine the forces at play that threaten the very fabric of democracy. The ideals of freedom and open markets are at risk of being undermined by influential political forces seeking to impose oppressive order and control in the name of security. This article delves into the pressing need to fix our manipulated markets, protect Bitcoin and its inherent anti -totalitarian qualities, and inform US policymakers that democratic values are what's at stake. Section the erosion of free markets and capitalism. People who think we currently have capitalism and free and open markets haven't been paying attention. The American economic landscape, once a paragon of capitalism, has undergone a seismic shift, particularly since the 2008 financial crisis when lawmakers selectively bailed out the bankers at the expense of the broader economy. The central banking system's pervasive influence has led to a distortion of free markets with quantitative easing, QE being employed as a tool to manipulate the bond market, artificially lowering the cost of capital and thus distorting the prices of everything. This manipulation has had far reaching consequences, including the gutting of the middle class and the concentration of wealth in the hands of a few. In the wake of the Silicon Valley Bank failure this March, the deployment of tools such as the Bank Term Funding Program, BTFP, has further exacerbated these distortions, providing de facto yield curve control for banks while leaving ordinary citizens to grapple with soaring interest rates and inflation. This divergence from naturally occurring economic markets and the suppression of a free and open cost of capital has pushed us closer to an economic model reminiscent of you name it, communism regime, threatening the foundational principles of capitalism and democracy. Section. The newest assault on financial freedom and Bitcoin. In a recent letter from Senator Elizabeth Warren and numerous congressional members, they leverage international crises to further their own political agenda and curtail financial freedoms. Armed with a freshly published Wall Street Journal article that falsely suggests Hamas raised a significant sum of crypto funding to attack Israel, the truth couldn't be more obscured. The irony of the claim is that the public Bitcoin blockchain provides evidence that anyone can dispute, which is exactly what happened the day following the senator's letter to the president. On October 18th, blockchain analysis firm Chainalysis clarified that while some terrorist organizations, including Hamas, do leverage cryptocurrencies for funding, the scale is extremely small relative to traditional fiat banking means. They emphasized that the transparency of blockchain technology makes it a less suitable medium for illicit activities, including terrorism financing. Additionally, Chainalysis pointed out that government agencies and private sector organizations can collaborate using blockchain analysis solutions to trace and disrupt the flow of funds to these terrorist groups. They also highlighted the importance of understanding the role of service providers in these financial networks and cautioned against overestimating the scale of terrorism financing in cryptocurrency based on flawed analyses and misinterpretations. Delving deeper into the facts revealed by Chainalysis, it becomes increasingly evident how Senator Warren's letter dramatically skewed the situation. The detailed analysis zeroes in on a specific address that conducted over 1 ,300 deposits and 1 ,200 withdrawals within a mere 7 .5 months, with a total inflow of roughly $82 million in cryptocurrency. However, a mere fraction of this amount, approximately $450 ,000, can be linked back to a wallet associated with terrorist activities. This represents a mere 0 .3461 % of the purported $130 million claimed in the letter, a staggering discrepancy that lays bare the deceptive nature of the narrative being pushed to the White House. Not only has Business Insider reported on October 21st that Hamas operates with an annual budget of $300 million, but a significant portion of its funding also stems from taxing imports into Gaza, as well as international connections with Iran, a country to which the U .S. government recently and rather ambiguously may have released $6 billion in fiat currency 2 in September, just a month prior to the attack on Israel. Unlike Bitcoin, which offers a publicly accessible audit trail, citizens are left in the dark about this substantial financial transaction. The narrative on what was actually released depends heavily on the news outlet or political interest one consults, often resulting in biased and self -serving points of view, the irony. This stark contrast between politically manipulated numbers and the transparent reality a public blockchain provides underscores the urgent need for thorough, factual analysis and the adoption of publicly verifiable monetary units like Bitcoin. Section. Why is this so concerning? Knee -jerk policy reactions based on false information and poor reporting can have devastating long -term impacts to the U .S.'s competitive economic position and more importantly the liberties and freedoms of the citizens. In what appears to be a coordinated policy response one day after Senator Warren's letter, the U .S. Financial Crimes Enforcement Network, FinCEN, came out with a proposal for special measures regarding convertible virtual currency mixing and labeled it a primary money laundering concern. Based on all the information contained in the FinCEN proposal, it opens the door for expansive policy to infringe on the rights of individuals. For example, the increased surveillance and potential loss of privacy could subject individuals running Bitcoin full nodes to unprecedented scrutiny. They might find themselves burdened with regulatory requirements that are not only onerous but also infringe upon their personal privacy and the privacy of users transacting through their nodes. The uncertainty and legal risks associated with running a full node under these proposed measures could discourage individuals from auditing their property, thus increasing their risk and reliance on bad actors. Bitcoin holders that ran their own node and took custody of their property in 2022 were not impacted by fraudulent centralized gatekeepers like Sam Bankman -Fried and third -party custodians that acted maliciously. Additionally, a policy attack on node operators creates less financial freedom for U .S. citizens and an incentive for businesses in this new sector of finance to move offshore. Developers might be discouraged from creating and implementing privacy -enhancing features, limiting the potential and the very essence of American citizens and builders within this country.
Mark Levin: Judge Chutkan Should Be Thrown Off the Bench
"Yourself holy crap I've a got case here. I've already set a trial date in May. Here it literally involves 9 months of videos and 1 .1 million documents that's according to the government there could be more so again defense has a right to make their own case without being directed by the government or just using the information the government gives so they want to look at all the government information plus more. They want to conduct depositions. Maybe some of the people the government spoke to maybe some others can't get that done in 4 or 5 months in one of these cases. So what Judge Trumkin did being the Marxist bomb thrower that she is who should really be removed from the bench. If our justice system was working she'd be thrown the hell off the bench. She would. She's a disgrace. So what Trumkin did is basically tell Judge Cannon what are you going to do about it? Screw you. I'm going first. I picked two months after the government asked and two months your before trial. And so if my trial here in Washington happens to bleed your trial you move the date. Or if the discovery from my case which is going to come first now interferes with discovery based on the calendar that you set in Florida before I my set calendar that's your damn problem. You move your case. Because Trumkin knows that this is a kangaroo court kangaroo.
US consumer confidence declines again in May
"Consumer confidence fell in May the fourth decline in 5 months. Americans became slightly more pessimistic about the labor market in May on top of inflation anxiety, the consumer confidence index was one O 2.3 in May down from one O 3.7 in April, according to the conference board, a business research group. The index measuring consumers assessment of current business and labor market conditions deteriorated from one 51.8 to one 48.6 from able to May, despite a low unemployment rate and a slight rise in consumer spending, the proportion of consumers reporting jobs are plentiful, fell, and there was a notable worsening in the outlook among consumers over age 55. Consumers surveyed expect inflation to stay around the same over the next 12 months, and view it as a major influence on the economy. Jennifer King, Washington
Bills safety Damar Hamlin eases back into practice 5 months since near-death experience
"Buffalo Bills safety damar Hamlin began easing his way back into football during the team's voluntary mini camp on Tuesday, some 5 months after having a near death experience on the field. Buffalo coach Sean McDermott says the team is taking things slowly. He has not been practicing, we're just going to continue to take it one day at a time. And just support them every way possible. Hamlin participated in individual drills and the stretching portions to open an end practice in taking the next steps towards resuming his football career. I'm get cool.
What's the BTC Price Trending At???
"Bitcoin price here log scale. I have data as of May 15th a day ago from this recording about 27,000 dollars per Bitcoin. I'm going to run an all time trendline regression over the price now, and again, what is that all time trend that best fits Bitcoin? It's not linear, not log, not exponential. It is a power trendline. All right, so here it is. 95% R squared. It starts on Bitcoin pizza day with laszlo. Making that first Bitcoin price, which turns out to be sub one penny per Bitcoin. Nonetheless, that got us started here and we move on all the way until basically yesterday to get this power curve. 95% R squared's really, really, really strong. Now in prior videos, I showed a variety of different years of the trendline. But basically, this is going to be an evolution now or a progression of how this trendline looked over the years. But rather than going forward, I want to go backward. Okay, I don't think I've gone backward before. So you can imagine that when I draw 2020 twos trendline, it's going to look pretty similar to the all time trendline, all right? And what's the difference? Basically, 2020 twos trendline is going to take in all the data from the beginning. Until yearend 2022. So only basically the same as this except 2020 twos trendline won't have the last 5 months of data, but we can still predict out and see where it is. Okay, so as this is on log scale, it's going to look pretty granular. I'll zoom in in a second to show you, but let's just, let's go 2022 and see where it is. You might have not even noticed on the screen here. Any difference. But there is. And I'll show you on the tool tip. There it is, 2022, 95% R squared as of May 15th, the trendline for 2022 is $55,000 for Bitcoin, all time trend is $52,000 for Bitcoin. And of course, we are under both of those at $27,000. For Bitcoin at the moment.
"5 months" Discussed on Bloomberg Radio New York
"Theft, money laundering. Following a 5 month investigation, I began shortly after his election in November when he was still talking to pretty tough game, not unlike now. I'm not resigning. I have to leave Congress guy. It's going to be by a pink slip by the voters November of 2024. And it might still end up that way. Let's reassemble the panel for their take on all of this, he's being arraigned right now and we get to talk about it with Jeannie Chan xino, Bloomberg politics contributor democratic analyst and Lester Munson, Republican strategist, partner at BGR group. This one hits close to home for you literally Jeannie. Does it change anything about at least near term political future, the term that he is now serving? You know, he is right, you know, voters are the main way in which we overturn the house. There is a chance they could have a vote two thirds to expel him, but of course when you've got Kevin McCarthy and other Republican leaders not willing to take that step, he would remain in and we have quite frankly seen other members serve under indictment. Some of them come through it, fine, like Menendez, others, you know, eventually get expelled particularly if they are convicted. So in that sense, it's a wait and see, but you know I would just tell you because I live in New York that you have a very, very brightly so frustrated group of voters in his district, and they are calling in no uncertain terms for Kevin McCarthy to show him the door. They are saying they have been left now for four months without meaningful representation. There's a pretty organized group of Republicans and Democrats that Republicans paramount in there, saying in the New York third district, we are not being represented. We don't care how tight the margin in the house is get him out so we can have proper representation. And we've heard other Republicans and Democrats come out from New York and elsewhere call for his expulsion. So I not saying it's imminent, certainly, but there is a possibility it does mount this pressure and eventually they act. Lester, he was already in a lot of trouble as an ethics investigation in the house, speaker McCarthy's frequently asked about this along with other leaders we heard today from Elise Stefanik Steve scalise. They say, hey, we've got to let the legal process unfold. He already stepped down from his committees. What do you want us to do? The fact of the matter is, this is a mathematical equation here. This is a math problem for Kevin McCarthy, right? And as long as it's as tight as things are, George Santos probably keeps his seat. You know, I did some math of my own show, it turns out George Santos needs 21 more counts. And then he'll have as many as Donald Trump. Which may be his goal here. I do think it actually behooves Kevin McCarthy and the Republicans to get rid of George Santos as soon as possible. The precedent is to wait for the conviction. It is true and that's what Senate Democrats did with senator Menendez, which probably ended up being the right thing to do. But in this case, it's so obvious that Santos has these huge problems. The longer he's around, and the longer this story lingers, the worse it is for Republicans. Yes, it makes the math a little bit harder if you bounce them now. But I think in the long run and the long runs, just another year and a few months, it's really better for McCarthy to get rid of Santos now. So I hope he reconsiders this delay tactic. Remember at the State of the Union Genie, he had a little time George Santos, a little time with Mitt Romney that's turned into a pretty epic back and forth Romney told immuno you have no business being here and this turned into a whole thing. But we actually spoke with Mitt Romney, the senator from Utah a little bit earlier on today, our own Kayleigh Lyons will be with us next hour, asked him his thoughts on this. It seems that once again we've learned that the wheels are justice grind slowly, but they grind fine. And we'll see what happens, but clearly his misstatements and outrageous claims are going to face a jury as well. Not unlike what we heard from Elise Stefanik earlier today in the house. Again, part of the Republican leadership. This legal process is going to play itself out. Unfortunately, this is not the first time a member of Congress from either party has been indicted. There are a set of rules. And as the majority leader stated, he voluntarily had stepped down from his committees. It doesn't sound like they're talking Lester months in here Genie. What should the Republican response be? The Republican response should be to do what the voters, the Republican voters in his district want which is to get him out. This has been chaotic in a disaster for them. The longer he maintains in their quite frankly, the better for people like Joe Biden to point to the Republicans in the House and say these are extremists. Look at they've got a guy here, you know, filing for unemployment benefits when he's got a job. You know, he's accused of false making multiple false statements, money, laundry. I mean, the list goes on and on. And not to mention the lies. So they should get them out. I'm not sure they will. I, you know, was a little bit surprised quite frankly by Mitt Romney, because I thought his statement about Donald Trump's legal woes yesterday was right on. I thought maybe he would say the same about George Santos and I was a bit surprised he didn't say, get him out now. This is a far cry from campaign finance violations, which a lot of us expected last evening Lester, what about the nature of the charges? Does this change the way you look at it? Yeah, well, I think it's worse than I thought. Although, it's not totally surprising, right? This guy's a fabulous, he appears to have just made up things out of whole cloth or any of us surprised that he's being, by the way, I think one of the things he was not charged with was ripping off the GoFundMe account for the dog. But the dog. Yeah. Separate. So maybe so maybe there will be more charges against Santos and you can say that he's has almost as many as Donald Trump. I don't think I can't imagine who is defending this gentleman at this point, except for himself and maybe blood relatives. He really should go as soon as possible. Great use of the word fabulous, by the way. That's going to just make me in my head all. It'll just start coming out naturally Genie. That's exactly what he is, isn't it? It is. And you know, to a rate that is stunning, even in a town where you do see a lot of overstatements and exaggeration, this has been stunning. And let's not forget the feds don't file charges like this, and he may be facing more. They don't file them to lose. He is going to be brought down. And this is somebody who was spending lavishly with money that he got for his campaign. This is somebody who was making false statements. You know, the list is so spending lavishly in $199 increments. Hey, do either of you think that he will not finish his term Lester does he finish this term? I don't see how he does. Okay, what do you think? I think he's gone well before the end. I think he's going to be gone, Kathy hochul will have ten days to call a special election
Finding Beauty in God's Timing
"He has made everything beautiful in its time. He has also set eternity in the human heart. Yet no one can fathom what God has done from beginning to end. Ecclesiastes three versus 11 through 12. I lived in the Midwest of the United States almost my entire life up until two years ago. We would experience all four seasons, but it usually went something like this. 5 to 6 months of winter, two to three weeks of spring, four to 5 months of summer in two to four weeks of fall. I have to admit, winter was always my least favorite season and out of all the seasons and in the Midwest, it is the longest. I remember waiting for spring to come with great expectation. But come January, I would usually grow extremely impatient and ready to pack my bags and move our family to somewhere much warmer. Honestly, it was one of the main reasons our family did end up moving a thousand miles away to start a new chapter in the sunshine state. For many of my friends and family, they are longing for the warmer temperatures of spring to make their appearance in stay. Soon enough, the fresh leaves will fully cover what were barren branches and flowers will be in full bloom. None of us have to worry if the seasons are going to change because they always do. God is a master artist like that and has it all under control. Just like seasons are set to a specific time that God ordains. So are events in our life. And on and even bigger scale, our journey with him as it unfolds. Only he knows how to take a rebellious heart of stone and transform it into a heart of flesh that praises his holy name. This profound reality of God forming a life and one who learns how to deny self and worship the lord is not an overnight event. No, just like seasons change in their own time, the change of a life for the glory of Christ is a process. In God's perfect timing, we will begin to see the transformation.
US says 20,000 Russians killed in Ukraine war since December
"The White House says he now estimates Russian casualties in Ukraine have sharply gone up the past several months. Since December. We estimate that Russia has suffered more than a 100,000 casualties, including over 20,000 killed in action. National Security Council spokesman John Kirby says it's stunning. It's three times the number of killed in action that the United States faced on the Guadalcanal campaign in World War II. And that was over the course of 5 months as well. In November, The Pentagon estimated Russia had suffered well over 100,000 killed or wounded in the wars first 8 months. Kirby will not publicly give an estimate for Ukrainian casualties. Sagar Meghani, Washington.
The RNC Titanic Approaches an Iceberg With Tyler Bowyer
"So Tyler, tell us an update from the RNC spring meeting. So we just got back from Oklahoma City, the RNC met for our spring meeting on the National Committee man for Arizona as most of our listeners are aware. But, you know, it was a very interesting circumstance that we had in Oklahoma City. They call this the training meeting, but a lot of individuals that were there, it was like walking on eggshells, I could tell a significant shift in the people who normally, I guess would suck up to the machine. In the RNC, completely shifted away from that. But what was most concerning about the meeting that most people need to be aware of is I was really let down. I actually put out a tweet last night that said, I'm really let down at the direction of what we're doing here because in every meeting that we had, there was not significant conversation around how we're going to win, what we're going to do to win. What were the pieces that were missing? You know, it's been now we're going on 5 months, almost 6 months since the election. And there's not a lot of answers that we can go back and tell our people. And you brought up the most important point here, which is the left is focused on building the infrastructure and the machine to win the office. And that doesn't take away from the defense. And that's kind of how I explain it to people out there. Look, you have a defensive side of the ball and you have an offensive side of the ball. The defensive side is election integrity. The RNC should be dominating at the election integrity front should be investing millions of dollars into protecting. But the RNC can't do just straight up can not do all the work that's necessary in order to put the offense on the field.
Poll: 28% say they've been affected by gun violence
"Colorado's governor has signed four gun control bills. I Norman hall. The new laws are aimed at quelling rising suicides and youth violence at preventing mass shootings. They were enacted just 5 months after a mass shooting at an LGBTQ club in Colorado Springs, the measures raised the buying age for any gun from 18 to 21, established a three day waiting period between the purchase and receipt of a gun, strengthened the state's red flag law and roll back some legal protections for the firearm industry. Gun rights group said immediately they will file legal challenges. I Norman hall
Mark Houck's Unjust Targeting at the Hands of the Biden DOJ
"We're talking about this incident in Philadelphia, mark your, you know, you have this little, I would say nothing burger of an altercation where you was this FBI raid on you kind of out of the blue and unexpected bolt, or was it something that you thought would happen? So again, in April of 2022, the case was dismissed. Again, the Philadelphia court PA district attorney felt every district attorney philosophy PD. They wanted to not press any charges. They weren't interested, as you said. It was a nothing case. It all gets dismissed. 5 days later, April 20 7th, I believe. I was served a target letter. This is after the trial was, everything was dismissed in the trial. I was served a target letter by the Federal Bureau of Investigation, eastern district in the Philadelphia area. Now, I was a target of a grand jury investigation with potential indictment with against the face act. Freedom of access to clinic entrances. Now that's what I found out. And my attorney at the time, Matt had fun from the Thomas more society reached out to the assistant U.S. attorney and said, you have no case, my client's innocent. There's case law on your own district, but should you want to indict my client? He's a peaceful man. We'll bring him in peacefully to you. And you don't need to bring an agent out to his house. This was in April of 2022. So with the raid to your question, it was totally out of the blue. Something I was not expecting. Describe the raid. Sure. So about 5 months later, of course, Dobbs has happened at this point, people are being arrested. All that stuff, President Biden has declared that he's going to defend abortion rights. I get a call in August of 2022 from my attorney instead of you heard from the assistant U.S. attorney I said no. He said, well, she won't return my phone calls. I said, well, maybe they're just there's no case here.
How Josie Glabach Got a Coveted Twitter Follow From Elon Musk
"A follow from Elon Musk, normally I wouldn't really call out a Twitter following, but how did that happen? Tell us about it. Elon Musk has been sort of engaging with me on cultural issues for the last maybe four or 5 months regarding the trans agenda regarding. Masculinity, femininity, that sort of stuff, which is stuff that I touch on a lot on my panel. And this recent one really made headlines. So I had just quoted a story about Ron DeSantis and how he banned sex changes for children in the state of Florida, which is my state, which is wonderful. And Elon Musk saw it, and he responded that anybody who sterilizes a non consenting adult, a child. Needs to go to prison forever. In this picked up probably almost, oh gosh, maybe 750,000 likes on that. Just his response to me. Wow. And he followed it right after that.
Bitcoins Rally to $30K
"Today we are talking price, but it's not just a boring old price show. Like I said, we're talking about the narrative steamroller behind Bitcoin right now. It is chewing up and spitting out pretenders to the narrative throne, and I'd be lying if I said it wasn't beautiful to see. So for the news, last night, Bitcoin reached a price of $30,000 for the first time since June of last year, that milestone came on the back of another scorching hot day of trading that saw the price rise by more than 6%. The broader context is that Bitcoin has quietly had one of its strongest periods in recent history to start the year. Bitcoin is up more than 80% since the beginning of January, recording the two strongest months since October 2021 in January and March. Even with a basically flat February, the first quarter of this year was the strongest three month stretch for Bitcoin since the opening quarter of 2021, which was of course when Elon Musk announced that Tesla had bought Bitcoin. This is also the first time that three months of gains have been strung together since that first quarter of 2021 as well. Of course, it is hard to know if this price action is the beginning of a new bull market or is simply a strong bear market rally. Bitcoin bull markets have in the past follow the halving, which occurs roughly every four years. In 2020, the bull market didn't get fully underway until 5 months after the halving. The 2024 having is still more than a year away, but the class of market participant with eyes on Bitcoin has changed significantly over the last three years. It's entirely possible that investors in the space are generally more tuned into Bitcoin's cyclicality and her front running that anticipated price action.
Mike Benz on the Largest Mass Social Media Censorship Op in History
"A clip that you will explain for us. Eric play clip. There was a lack of capability around election disinformation. This is not because it didn't care about this situation, but at the time they lacked both kind of the funding and the legal authorizations to go do the kinds of work that would be necessary to truly understand how election disinformation was operating. So because of the feedback and the ideas from these, this group, we were able to pull together pretty quickly a project between these four different institutions to try to fill the gap of the things that the government can not do themselves. There are kind of four major stakeholders that we operated with that we worked beside at EIP. Our partners in government, most particularly those in cisa DHS, but also in all the local and state governments with whom we operated with the election integrity infrastructure Isaac. We worked with civil society groups, such as the NAACP, miter, common cause, and the healthy elections project that worked at both MIT and Stanford. And then we also worked with the major platforms, Facebook, Twitter, YouTube, TikTok, Reddit, next door and the like. So that's a description of the election integrity partnership. What is sister and what are they boasting about their Mike? They're boasting about the largest mass social media censorship operation in human history. So this group labeled 22 million tweets just on Twitter alone as misinformation incidents in the 5 months before the 2020 election. And they did this with 15 different social media platforms. So this is hundreds of millions of content. The pieces of content. Let me ask you a question. Millions of posts, that's a lot of work. That's a lot of man hours. Who's doing this? And who's funding it? Well, unfortunately, it's not if you're powered by AI. And this is the dirty underside of so much of this. Once you have a narrative outlawed, say, mail in ballots, if you say that mail in ballots are not safe and secure. Any narrative which undermines public faith or confidence in mail in ballots is if so facto content in terms of service content violation,
"5 months" Discussed on WTOP
"That combines sci-fi, martial arts, and the struggles of a Chinese immigrant families. The universe. We speak is so much bigger. In the bundle for best actor, it appears to be a two man race, Austin butler for Elvis. And Brendan Fraser for the whale. I need to know that I have done one thing right with my life. Steve futterman, CBS News at the Academy Awards in Hollywood. We've got a lot to remember the time folks, if you haven't already done it, turn your clock forward by an hour unless you're smart watch or whatever device is already done it for you. Daylight saving time, resumed in the Eastern Time zone overnight. That means you lost an hour of sleep, but the good news, a later sunset will be starting tonight. Four astronauts back on earth soil after 5 months aboard the International Space Station, their capsule splashed down in the Gulf of Mexico. This off the Florida coast late last night, your CBS News space consultant, Bill harwood. The crew dragon brought four space station crewmates back to earth after a 157 day mission, leaving For
"5 months" Discussed on Bloomberg Radio New York
"By tonight. Meantime, we're hearing the FDIC and the Federal Reserve are weighing creating a fund that would allow regulators to backstop more deposits at banks that run into trouble following Silicon Valley banks collapse. Our source is saying regulators discussed the new special vehicle in conversations with banking executives. Reports this week are expected to show still hot U.S. inflation and a backslide in retail sales. Those reports will round out the last of key economic data markers for Federal Reserve policy makers ahead of their upcoming meeting. The core consumer price index, which excludes food and energy and provides a better look at underlying inflation is forecast to have risen four tenths of 1% for a third straight month in February. The median estimate of economists surveyed by Bloomberg also calls for a 5 and a half percent gain from a year ago. Michael Collins is senior portfolio manager at PGI M. The fed, I mean, their MO has always been, they keep moving, especially in an inflationary environment. They keep moving until something breaks, right? And they're so focused on this risk management policy, and there's two tails to the risk. One is inflation gets too high and they miss controlling it. And the other is something breaks, right? And I would argue the risk of something breaking is now tilting to be a little bit higher than the risk of runaway inflation. Michael Collins at PG IM. For International Space Station astronauts and cosmonauts are back on earth. Their SpaceX capsule splashed down in the Gulf of Mexico off the Florida coast last night. Dragon endurance on behalf of SpaceX. Welcome home. The crew of two Americans, one Russian cosmonaut and one Japanese astronaut spent 5 months in space, among them NASA's Nicole Mann. She became the first Native American woman to fly in space. Michael Cohen, who for years was Donald Trump's lawyer and fixer is expected to testify before a Manhattan jury this week, court observers say that's a sign that prosecutors are close to indicting the former president over hush money paid to a porn star who said she had an affair with Trump. Trump denies that. Global news, 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Susanna Palmer. This is Bloomberg. This is Bloomberg business of sports. Everybody is into soccer. So it's not a case of like building the game in 94. To me, the mets have one of the most aggressive owners in all of pro sports. Women's sports has become much more high profile. There's been a lot of focus on it. TV networks have made a killing off of college football and they will continue to do that. If you have a very motivated owner which the Padres do, which the Phillies do, which the Yankees do, you spend. I think sports may be driving some of these streaming services as they go forward. There's a shelf life to be in an athlete. You have to figure out what the pivot is going to be. Bloomberg, business of sports. From Bloomberg radio. This is the Bloomberg business
"5 months" Discussed on Bloomberg Radio New York
"With the north bay journal, the president of the winery production of equipment and manufacturing in northern Sonoma county said he's concerned about the impact on bank customers that had lines of credit to support inventory of wine over the months, even years before the release to the public. I'm Phil farrar. At least two people are dead is flooding intensifies in California thousands are under evacuation orders, and several communities remain isolated by high water. The national weather service says flash flooding is a major concern along the central coast to the Sierra Nevada foothills, winter storm warnings are also in effect for higher elevations from Redding south to sonora and beyond. Four astronauts are back on earth after departing the International Space Station. Chris has more. They boarded a SpaceX dragon capsule than undocked from the International Space Station early Saturday morning, NASA astronauts John cassata and Nicole Mann, along with Russian cosmonaut Anna keena and Japan's kiyoshi wakata are wrapping up 5 months in orbit. The capsule splashed down into the water off the coast of Florida just after 9 p.m. Eastern Time on Saturday. I'm Chris crag. Two high profile GOP hopefuls are visiting the early caucus state of Iowa. Former South Carolina governor Nikki Haley in Florida governor Ron DeSantis are both making the rounds in the Hawkeye state. Haley has already launched her 2024 bid for The White House, while the SanDisk is widely expected to run in a speech in Davenport, the Florida governor railed against what he called woke ideology and attacked the Biden administration on a variety of issues, including crime and immigration. Scream 6 is slashing the competition at the box office, the horror film looking to overtake creed three after grossing over $19 million on its opening day. I'm Brad Siegel. The White House is denying reports that President Biden has approved the controversial oil drilling project in Alaska. Julie Ryan has more. The New York Times and Bloomberg were among the media outlets reporting the interior department will officially give its go ahead for the $8 billion willow project next week. White House press secretary karine Jean Pierre said Friday, no final decision has been made. The controversial ConocoPhillips Arctic drilling project is strongly opposed by environmentalists and Native American groups. I'm Julie Ryan. California attorney general rob bantus warning folks living in the mountain communities about price gouging, especially when it comes to snow removal services, it targets no removal companies that overcharge people who want snow cleared from their homes, state officials announced earlier this week that people living in the San Bernardino mountains can get a reimbursement of up to $500 for using a snow removal service. The American Airlines pilot union is allowing a vote for a strike to move forward. Brian shook has more. The union announced on Thursday its authorized the strike vote that will happen next month, union officials say the airline must demonstrate the same level of commitment to bargaining that other management teams have shown in recent months. The announcement comes two days after American CEO Robert isom said that the airline would provide the same profit sharing formula and wage increases that were approved by Delta. I'm Brian shook. More Americans are in the unemployment line. The Labor Department says 211,000 people filed for unemployment benefits last week. That's a jump of 21,000 from the previous week's total that stayed the same. The largest increases for the week that ended February 25th happened in Massachusetts, Rhode Island and New Jersey, Kentucky, California, and Texas saw the largest declines. The FDA is approving a nasal spray to treat migraine headaches. The drug made by Pfizer has shown to provide rapid pain relief in his fast as 15 minutes in clinical studies. I'm Brad cecal. Now this Bloomberg sports update. Let's bounce to the NBA talk a little basketball tough one for the Knicks tough week continues. Remember that a game winning streak they've had. They've now lost three straight. They lost in a matinee in LA against the clippers, one O 6 95 Julius Randle looked human in this game he had 19 points Emmanuel quickly paced New York with 26 in the loss. It was just far too much Paul George and Kawhi Leonard combining for 60 points, 5 Knicks reached double figures, New York now tied for 5th and 6th with Brooklyn, who was off on Saturday. The NHL, all three teams looking good, all three teams headed towards the postseason if we keep this up. Rangers two one winner in overtime in Buffalo, thanks to our Timmy Panera and he had the game winner Igor shishkin solid 32 saves in the pipes rangers, the 6th seed a point behind Tampa Bay. Islanders, no shot in this one, they led one nothing at home against Washington before the capitol scored 5 unanswered TJ oshi getting into the act Alex Ovechkin had an assist 5 one camps when it year Engvall the lone goal for New York whose tied for 7th and 8th with Pittsburgh, Devils have been the best team of all three this year. It shows they're now 25 and four on the road. They win easily three one in Montreal Nico his year, a goal and an assist third seed for New Jersey. Spring training, Yankees. They don't like that Keystone state next door they lost three nothing to Pittsburgh and split squad and then 6 three to Philadelphia, Washington Nationals came up with four in the 8th inning to come from behind to beat the mets ten 7 golf TPC from sawgrass American Scottie scheffler 14 under par, he's two strokes now ahead of Manu Lee for better than cam Davis, both fellow Australians and MLS New York FC a one nothing winner against Miami, Minnesota and the Red Bulls they play to a one one draw. That's a look at Bloomberg sports. I'm rob bullshit. This is a Bloomberg money minute. More electric vehicles are taking to U.S. roads every day. Still, many Americans remain reluctant to take the EV plunge. Bloomberg reporter shree Taylor says hertz is bringing 5200 rental EVs to Denver so people can try before they buy. They can also just see if they like writing EVs and learn how to charge them and just learn how they work before they actually have to take the plunge and buy it. The project also includes installation of more EV chargers in cooperation with the city. The goal is to get a whole network of EV chargers and thereby EVs going throughout the city. To help city officials decide where more public chargers are needed most. Denver also hopes that this could help reach its goal of an 80% reduction in emissions by 2050. The program also includes an effort to develop a pipeline of people qualified to work on EVs by providing tools, training, and summer jobs, Larry kofsky, Bloomberg radio
"5 months" Discussed on Bloomberg Radio New York
"What happened was, as you had more and more and more suppliers, greater and greater and greater competition, you had downward pressure on prices. Well, it looks like globalization is now starting to contract. This is not going to happen in 5 minutes or 5 months. It's been 5, ten, 15, 20 years, as was nafta, a 30 year story, or globalization of 30 year story, we're now going back in the other way. Now look, it could be that we're all going to sit around a campfire and sing kumbaya around the world or like the old Coke commercial where we're on a hill, you know, holding hands and teaching the world to send. Exactly. That could happen. I'm skeptical that that's really going to be the same. So I'm glad you brought that up because I've heard this the end of globalization story, and it smells like a lot of a lot of political noise. All right, we'll build the semiconductor plant in Arizona. Absolutely. But the massive shift in global economy, where manufacturing is done here, and all these other countries are coming online, whether it was first was Japan and with South Korea and now it's Vietnam and turkey and Mexico and go around the world. Are we really going to meaningfully reverse that? Is globalization going to shrink beyond low single digits? I don't think right now we can see how that could happen. But again, I'm talking about a ten 20, 30 year phenomenon here. I think if we had said 30 years ago that globalization was going to cause the environment that we ended up with, people would have said you were nuts, right? In the early 1990s, you know, Ross Perot was the one who was anti. The great sucking sound, which turned out to be, to some extent, correct. But what he didn't allow for were the benefits of society, what globalization might do. Well, you lost the, you know, hosiery and furniture manufacturing and replaced it with software and quantitative announcement. Correct. Exactly right. And so our argument at our firm is that we're going to see a slow progression back in the other direction. Well, we keep calling a shift from cute wiener dogs in the metaverse to real productive assets. That's not going to happen in two weeks, but we think that's going to happen over three years, 5 years, ten years, 15 years. So given where we are in the broad world, it seems like the stock market in 2023 is hanging on every economic report. Every CPI release, every non farm payrolls, every FOMC meeting, like even when we get the FOMC notes, they're always a month old and yet people wait with bated breath. Yes. Tell us what they were thinking a month ago. Like that really is going to move markets. But it certainly causes some volatility. Is there too much focus on these big macro events that I, I'm not sure there's too much focus, but I think the minutiae and the decimal point focus is not very healthy. You know, I think if you think about the CPI report that's the February CPI report that comes out in March, I think the consensus is for something like .4 for March. If you look at Bloomberg, I think that's the consensus. And which would be under a 5 handed annualized which is not bad, which should not be. But if it comes in at .5, instead of .4, we know the markets are going down. Never comes in at .3 instead of .4. We know the markets are going up. Now, well, are we in this phase where bad news is good news? Because just .3 means that the fed has done. And if the market rallies, hey, hey, not so fast. It seems like every time the market rallies in anticipation of the fed ending their tightening regime, the fed says, slow your roll. Yeah, I think that's, I think we're definitely in that kind of an environment. But the point that I was just trying to make was the decimal point precision, which is so spurious, if you think about it, the .3 means everything's okay and .5 means it's the end of the free world as we know it. That's very silly and getting to your question, you know, what does this mean are people looking at this too closely, I would say yes. I think that people should be taking a more longer term holistic view, which is kind of what we try to do at our firm. Coming up, we continue our conversation with rich Bernstein, CEO and CIO of Richard Bernstein, advisers, discussing the current environment for stocks and bonds. One of the things that we try to do is we look at size and style and industry and sectors, not only in the United States, but around the world, but most investors think of global investing as what country do I invest in. Not as there are global sector event or global style event going on. I'm very riddled. You're listening to masters in business. On Bloomberg radio. Get the news you need to start your day in just 15 minutes. President Biden just unveiled his budget request for the next fiscal year. Meta platform is set to cut thousands more jobs. Wake up with Bloomberg daybreak. U.S. edition tensions between the U.S. and China have heated up a quarterback Domino's first to fall available now in your podcast feed. Each weekday morning at 6 a.m. eastern. Biden's plan calls for a 25% minimum tax on
"5 months" Discussed on Bloomberg Radio New York
"On Wednesday. He's being treated for a concussion. Bloomberg sports the NBA, the nix nets and warriors all lose in the NHL, the rangers won in a shootout with a Canadian's four to three, the demos won a shootout with a capitalist three to two. The one at overtime, the bruins lost. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I'm John Tucker and this is Bloomberg, Nathan. Thank you, John. It's 6 23 on Wall Street, I'm Nathan Hager. This is Bloomberg daybreak and along with the bank stress. We'll see how the markets and the Federal Reserve react in just a couple of hours when the payrolls report for the month of February comes out 8 30 Wall Street time. Let's bring in Jennifer Lee to get a preview here. Senior economist at BMO capital markets. Jennifer, it's always good to speak with you. We're expecting something in the order of 220,000 or so jobs created last month, but we've had upside surprises for the last ten months. What are you looking for today? Good morning, I'm doing some of this. So yeah, we're in line with successes around 220,000. That would be a big slowdown from the prior months, a huge fight on the 17,000 increase. Now, very curious as to what the revisions are going to look like. We always know that there are revisions, but it seems like there are more so nowadays, and it's almost like the numbers we see. And one month can be completely unrecognizable in coming months. But that's neither here or there. This is going to help the fed determine what they're going to do on March 22nd. Yeah, I mean, when you had like 517,000 jobs created in January, at least according to the January payrolls print, you have to wonder whether we're going to see a big downside revision, particularly to that one. Is that what you're looking for? Honestly, it's going to be like a coin the way the way things go. But I wouldn't be shocked to see a downside revision. Maybe even if it's like 400,000. I mean, that's still humongous. And the average increase over the last 12 months has been about 400,000 anyway. But I think it's all about the revisions, not only the months itself, but the revisions to the prior months. And what kind of momentum we're seeing. And if we're still seeing super steady momentum, slowing, but still strong. We have to look at wages as well. We have to look at the jobless rate and hours worked. And that's, again, it's going to help determine what the fed's going to do. And this is a classic case of when you want oddly enough, about a number that would help defend stick to its 25 basis points rate hike plan. But again, obviously a stronger number is probably going to push the envelope for 50. Got about a minute left here, but it seems like the fed's challenges continue to pile up with the situation at Silicon Valley bank and the potential, at least in the market for contagion risk in banks. Is that something that the fed needs to keep an eye on? They're always going to say that they're not targeting a certain industry or a certain market or anything, but obviously more financial market uncertainty does not help their case, especially as they are trying to walk that balancing act or have that line balance between 50 and 25. By the end of the day, with everything else inside, their focus is on price stability. And I think again, they would rather risk too much than too little. Do you think the fed's done too much? Just about 30 seconds left. No, just given what we're seeing inflation is obviously going to have to do more. Whether or not we're going to see, again, it's going to be like a 25 25 25. It's going to be a 15 to 25, we'll make up we'll be more determined in a couple of hours and of course next week with the other key numbers. Retail sales and CPI. Inflation is going to be a big one to watch. Thanks for this. As always, Jennifer Lee, senior economist at BMO capital markets as we get ready for February payrolls, 8 30 Wall Street time we will, of course, have full coverage for you. Throughout the day on Bloomberg radio and we'll have a conversation as well. Last conversation for us with labor secretary Marty Walsh before he leaves that office. We're going to have that for you as well on Bloomberg radio and television. Just after the payrolls report comes out. Next, the latest on financial turmoil at Silicon Valley bank plus President Biden drops a $6.9 trillion hammer on the budget that's coming up in our 6 30 news. First
There Are Good Guys Like Chad Robichaux in This World
"Folks. Final segment with Chad robicheaux. Let me spell that. Are BI, CH, AUX. The book is saving Aziz how the mission helped one became a calling the rescue thousands from the Taliban. The fact that you put this into a book is really important because people need to know what is happening in the world in the United States of America and they need to know about people like you, Chad, because I think a lot of people are cynical. They don't think that there are any good guys out there. They don't think there's anybody who's willing to risk their life for what is right and good and true. And we're all called to live like that. And so you're an inspiration and this story is an inspiration and it just blesses me so deeply. There's not much I can do. I can have you on this program, hopefully people who are listening want to help out mighty oaks want to buy the book for their friends because part of the joy is that we still get to talk about the truth in America. We have the freedom to do some things. Some of it is really crazy, like what you did, which is amazing, but just to buy a book, to write a check, to tell a story, to say, no, that's wrong. This is what happened. We have that freedom. We need to use that freedom. I agree. With everything. The great thing about this book is it bugs me at first, but it actually makes me happy. Is this book went to The Pentagon? And it was reviewed for 5 months. They held up for 5 months. And I was bugged by that. But then the things they were adopted, I left marked, so they marked in black so the American people could see, what was redacted and that information was withheld from them. Some of his classified and I agree, some of it, I believe, was political, but nonetheless, what's left in there for you to read, you know that is true.
The DHS Censorship Mercenaries With Mike Benz
"Okay, with us on a separate topic right now is Mike Ben's Mike, welcome to the program. Walk us through the latest research that you've done and also includes me, I believe. On the DHS targeting regular Americans for censorship. Sure. So this is a pretty extraordinary scandal. A lot of people have seen censorship in isolated cases, like Hunter Biden, laptop story, where a single story was censored or a certain accounts were individually censored. What we're talking about in the aggregate here is 22 million tweets censored or throttled by the Department of Homeland securities outsourced censorship consortium. In the 5 months before the 2020 election, then the same group went on to censor COVID in tandem with federal government partners. So they essentially used a Blackwater model that a private military contractors, except DHS start doing that for speech policing at home in 2020 through these sort of private censorship mercenary groups. So the one in question here is a group called EIP, election integrity partnership. And they're made up of four major disinformation labs who are sort of the heavyweight hitters in the censorship industry, particularly staffed by national security state, intelligence and foreign policy folks. Now, the total damage that they did to a free and open debate around the 2020 election was 22 million tweets censored, 860 million tweets put in databases, 15 different social media platforms, scrubbed in real time, a 120 staffers working 16 to 20 hour shifts for 5 months to censor every emerging narrative that had to do with a pro populist or pro Trump sort of beat around election information.
Miranda Devine: FBI Tracked Conversations to Cover up Hunter Laptop
"So eventually he contacted many months later Rudy Giuliani by email gave him chapter in verse screenshots of material on the laptop and the FBI knew the laptop was real They knew that John Paul Mac Isaac was a legitimate guy and so they were pre warned about this story that was going to come out involving Joe Biden from the material on hunter to laptop And they also would have had access to my messages with Rudy Giuliani in October in which they would have found out that the post was working on the story roughly when we were going to publish and roughly what we were going to be publishing So they had a good reason if they wanted to bury this story to pre bunker with the social media platforms And the other part of this that a lot of people haven't picked up But James baker who is the former general counselor in top lawyer at the FBI 5 months before the 2020 election he gets parachuted into Twitter Their top lawyer So he's still there And so you know when Elon Musk authorized the Twitter files to be jumped on Friday there was one thing missing and that was FBI involvement
"5 months" Discussed on Bloomberg Radio New York
"Was dead on Reprised her tough life character Colleen rafferty and the show's open perhaps for the last time Thanks for letting me stay a while Live from New York it's Saturday night This comes after show creator Lauren Michaels said the show was experiencing a year of change Pete Davidson announced his decision to leave in a lengthy Instagram post on SL writer Dave Sirius Instagram sharing a video of himself just moments after his first time on the show 8 years ago Eric Adams has been mayor of New York City for less than 5 months now but reports say he's got sights and a bigger political prize David folk Thomas is in New York The New York Post reports city hall insiders say the 61 year old Democrat believes the national party has swung too far to the left and that he has a platform to win the presidency in 2024 The paper quotes an elected official in Brooklyn with ties to the mayor who says Adams is considering a White House run if President Biden does not seek reelection Tiger Woods is withdrawing from the PGA Championship after making the cut and just a second tournament since suffering a severe leg injury last year would shot at 9 over 79 Saturday one of the worst rounds of his career This year's winner of the Preakness stakes as early voting The colt had the second best odds to win the race at pimlico course in Baltimore coming in second place was epicenter who also came in second at The Kentucky Derby I'm Scott Kong And I'm Susanna Palmer in the Bloomberg newsroom Hot again today there is a heat advisory in effect until 6 p.m. west and northwest of the city Doctors continue to investigate that case of possible monkeypox in a New York City patient as we've been reporting The second case of the disease in the U.S. after Massachusetts reported the first on Wednesday the CDC is now warning doctors nationwide to be on the lookout for the viruses flu like symptoms and telltale blisters usually appearing on hands and feet Health experts say the risk to the public remains pretty low Before flying to Tokyo president Joe Biden on the tarmac in South Korea talked about being briefed on the monkeypox virus responding to reporters questions Told.
Even Good Morning America Acknowledges Baby Formula Shortage
"Play the cut 7 This is Good Morning America of all places a noted for left you know radical group over there Having to acknowledge its stores around the country are now running out of baby formula Here check this out This morning a terrifying prospect for parents around the country stores running out of baby formula unable to restock He has a very specific brand new trauma gen that he has to have due to allergy and intolerance issues Shawna Bowman says she can't find any formula for her 11 month old son Jacob We have been having to look pretty heavily for it I would say for the last four or 5 months but this last month it's just become impossible to find This morning a terrifying prospect for parents around the country stores running out of baby formula unable to restock That's all right It seems like sorry about that No it's okay It just says the same thing over and over again Baby formula The folks why is that a problem Well for an obvious reasons I don't have young children anymore My daughters are 18 And ten But if you have a baby and you're not breastfeeding right now formulas you're only option What are you going to do folks You're going to give the kid a gargantuan from Jimmy John's You're going to give him a triple from Wendy's The baby's GI tract doesn't have the capability to handle that kind of stuff You don't have any other options How do you screw up baby formula The answer is you put Joe Biden in The White House
Members of the Jan. 6 Committee Should Be Jailed for 5 Months Minimum
"And that's why Cheney and king zinger so to testable Because they are the stalinists that they claim to repel They are the Star Wars This committee even asked for Stephen Miller our old friend actually young friend but our friend they're trying to get their phone records of his parents because he was on one of their phones And what does this have to do with January 6th And so the abuse of power by the Democrat party the use of our resources this is typical This is how they did the impeachments of Trump This is how they made the coup efforts This is what the Russia collusion our tax dollars all these people are the ones who should be going to prison That whole damn committee should be rounded up and spent at least at least 5 months in their very jails that they've put trespassers and paraders Because their thugs he got that committee your thugs Thugs Picket list of what I've said on the radio all these years mister producer what do you think of that
"5 months" Discussed on Bloomberg Radio New York
"Wall Street and a global market Each and every week we provide in depth research and data on some of the 2000 companies in 130 industries our analysts cover worldwide Today we're looking ahead to the new year after a 2021 was fraught with chip shortages and supply chain constraints We're going to see what 2022 has in store for the semiconductor space Plus what to expect from the package food industry plus the outlook for global equities But first you can not have a strong opinion on any asset class on any equity until you have a feeling about where inflation is going to go and what the fed is going to do So let's set the stage with you here with Ira Jersey Bloomberg intelligence chief U.S. interest rate strategist and Ira I feel like your job may be one of the hardest You have to make a call on inflation and make a call on the fed What is it right now Yes so our call in the fed is that they will in fact start to hike interest rates next year which the market is pricing right now for kind of as early as March which is right when the fed is going to stop its asset purchases Now I personally think that's a bit too early So we're really I'm looking more for May June type first hike And then the question becomes I think importantly is do they really think that the account slowing the economy significantly is going to bring down inflation right now They seem to think that And the question is as we get further and further into 2022 we'll lower inflation and low inflation expectations kind of take hold and cause them to maybe hike a little bit less frequently than the markets anticipating right now for next year Alex recently I got a little chippy with eyewear I said you know hey everybody's talking about raising rates but I look at the ten year and it's 1.41 .5% then I repeat politely informed me that I was looking at the wrong end of the curve If you look at the ten year it's gone from 20 basis points about midyear to over 65 basis points now So I stand corrected and I learned something that when should I expect to see the ten year rate lift here towards the end of the curve So I think the long end of the curve so ten year and 30 year they're kind of going to be range bound I think for the beginning of 2022 in the first quarter maybe 5 months You'll wind up seeing those yields start to rise after the fed actually starts to hike interest rate So once the fed lifts off from zero you wind up getting two year yield So I think we were talking about Paul that front end of the curve lines up seeing much much higher interest rates And as that gets higher that will pull the long end of the curve up So right now it's interesting If you take Bloomberg economics expectations for how many rate hikes the fed is going to do in 2022 and 2023 And you just say okay you then model that on the two year note The two year note might be over one and a half percent The two year note a year from now may be near where the ten year note is right now at the end of December So that's an environment where you wind up with the yield curve will flatten a lot I think that it doesn't get to zero in 2022 So that means that that's the type of environment where the ten year yield can be at 1.81 .9 close to 2% by the end of 2022 And that's my expectation right now Is that we kind of get toward 2% but don't breach 2% during the bulk of the year Well you asked the relevant question yourself You said will the fed hikes be enough to tame inflation And that will kind of dictate everything else Will potentially three hikes next year three the next year and two and 2024 do it Well I think it would you're going to have this weird dynamic where inflation will probably come down and quite frankly year over year inflation is going to be lower at the end of next year a significantly lower than where it is right now And that's there's a variety of reasons for that but you just look at like oil prices are well off their highs as an example So in order to repeat what we already got what we already had for the energy component of inflation you'd have to have oil prices almost double from where they are now And so do you really think that oil prices are going to go from where they are now to close to a $150 a barrel The answer is probably not So you're going to see at least one massive component of CPI the energy component not really be contributing and might contribute negatively to CPI So you're going to have much lower inflation next year And as that occurs one of the funny things is you might actually get better growth even with the Federal Reserve hiking interest rates because real growth will go up Because you'll have less inflation keeping pressure down on economic activity So as that occurs the fed might actually be talking about doing more heights Maybe less frequent but more hikes into the future And I think that's one of my 2022 if you had to ask me for my laundry list of predictions for next year One is is that the market will start to price for over 2% fed funds rate in 2024 Instead of the one and a half percent in pricing right now So Alex just mentioned the fed has been pretty good about signaling when and by how much it wants to raise In past history did they try to really stick to that or is there a risk here that they could do materially more if the conditions dictate or even less Well I think the fed is like any other forecaster They changed their opinion all the time I mean you look at where that infamous stop plot is which is the fed's expectation of where the federal funds interest rate will be at the end of every year just from June to September to the December fed meetings when they release those plot that's gone up 50 basis points just in the last 6 months So they've increased very significantly their expectation of where interest rates are going to be as you've gotten more inflation and as growth seems to be okay So are they good predictors Well no they're not They're as bad as everyone else quite frankly In fact they're much worse in many respects in the market which is one reason you have to respect the market All right It sounds exciting I'm into it I read Jersey Thank you so much really appreciate it Bloomberg intelligence chief U.S. interest rate strategist Coming up on the program by now pay later We'll get the outlook for FinTech and payments in.
"5 months" Discussed on AP News
"Is a P news. I'm Rita Foley. Breaking news. The Taliban says the U. S must complete evacuations from Afghanistan by the August 31st withdrawal date. No extensions, says the Taliban. CIA director William Burns just flew secretly to Kabul and met with Talibans, top political leader in Kabul, Afghanistan. That happened yesterday. We're told, although we don't know what they said to each other This as close to 22,000 people were flown safely out of Afghanistan in the 24 hour period that ended early this morning. This was aboard a combination of US and non US aircraft, according to the White House Vice president Kamala Harris, visiting Singapore said this We are extremely grateful. To our men and women in uniform and embassy staff. Who are on the ground as we speak. Making this historic airlift happen. In an incredibly difficult And dangerous environment, The FDA announced yesterday. It is now fully approving fighters covid vaccine. So is there a light at the end of the Covid Tunnel? The Today's show, asked Dr Anthony Fauci this morning. You know it's going to depend on us. It really is. It's in our hands. Our fate is in our own hands. I probably will be, you know, as Have said a couple of times if we do it right and get through the winter, I hope as we get to the spring of 2022 will be there. I hope so. It's up to us Florida's well. Disney world will now require union employees as well as non union and salaried workers to be fully vaccinated against Covid to keep their jobs at the theme park. Employees can request exemptions for medical or religious reasons. The Paralympics are underway in Tokyo in the same empty stadium as the recently completed Tokyo Olympics. This is a P news. It's five months in jail for the leader of the proud boys. Here's the AP said Donohue, the leader of the proud Boys extremist group was sentenced to more than five months in jail. Enrique Terrio told the court he made a grave mistake and was profusely. Sorry for his actions. He pleaded guilty to burning a black lives matter banner that was torn down from a historic black church in downtown Washington, D C and bringing to high capacity firearms magazines entered the nation's capital days before the January capital riot. Proud boy members describe themselves as a politically incorrect men's club for Western chauvinist. Dario hasn't been charged in the capital attack. But for group leaders have been charged with conspiring to impede the certification of President Biden's victory. Ed Donahue, Washington All New York City public school teachers and other staffers will have to get vaccinated, say officials. That's the nation's largest school system. Classes start next month. I'm Rita Foley. AP News Michelle Bachelet, UN human rights chief is urging the Human Rights Council to take action to monitor the right situation in Afghanistan in the wake of the swift Taliban takeover. Chalets to seeking to ensure international attention on the country does not wane. Talking with the media, she says They're already credible reports of serious violations of international humanitarian law and human rights abuses, taking place in many areas under effective Taliban control. And that's fueling fears of what their rule might hold a week before U. S forces plan to withdraw. They include, among others, summary executions of civilians and all the combat members of the Afghan National Security Forces. CIA Director William Burns has met with the Taliban in Kabul amid the ongoing effort to evacuate people trying to flee. I'm Charles de la Decima. Thank you.
"5 months" Discussed on AP News
"I'm Rita Foley. Breaking news. The Taliban says the U. S must complete evacuations from Afghanistan by the August 31st withdrawal date. No extensions, says the Taliban. CIA director William Burns just flew secretly to Kabul and met with Talibans, top political leader in Kabul, Afghanistan. That happened yesterday. We're told, although we don't know what they said to each other This as close to 22,000 people were flown safely out of Afghanistan in the 24 hour period that ended early this morning. This was aboard a combination of US and non US aircraft, according to the White House Vice president Kamala Harris, visiting Singapore said this We are extremely grateful. To our men and women in uniform. And embassy staff. Who are on the ground as we speak, making this historic airlift happen in an incredibly difficult And dangerous environment, The FDA announced yesterday. It is now fully approving fighters covid vaccine. So is there a light at the end of the Covid Tunnel? The Today's show, asked Dr Anthony Fauci this morning. You know it's going to depend on us. It really is. It's in our hands. Our fate is in our own hands. I probably will be, you know, as Have said a couple of times if we do it right and get through the winter, I hope as we get to the spring of 2022 will be there. I hope so. It's up to us. Florida's Walt Disney World will now require union employees as well as non union and salaried workers to be fully vaccinated against Covid to keep their jobs at the theme park. Employees can request exemptions for medical or religious reasons. The Paralympics are underway in Tokyo in the same empty stadium as the recently completed Tokyo Olympics. This is a P news. It's five months in jail for the leader of the proud boys. Here's the AP said Donohue, the leader of the proud Boys extremist group was sentenced to more than five months in jail. Enrique Terrio told the court he made a grave mistake and was profusely. Sorry for his actions. He pleaded guilty to burning a black lives matter banner that was torn down from a historic black church in downtown Washington, D C and bringing to high capacity firearms magazines entered the nation's capital days before the January capital riot. Proud boy members describe themselves as a politically incorrect men's club for Western chauvinist. Dario hasn't been charged in the capital attack. But for group leaders have been charged with conspiring to impede the certification of President Biden's victory. Ed Donahue, Washington All New York City public school teachers and other staffers will have to get vaccinated, say officials. That's the nation's largest school system. Classes start next month. I'm Rita Foley. AP News Pakistan's urging a settlement ahead for Afghanistan. Pakistan's foreign minister says an inclusive political settlement is the best way forward for peace and stability in Afghanistan following the Taliban takeover, he says Pakistan fully supports efforts in that direction, according to a Foreign Ministry statement. The minister made the remarks during a phone call with his Russian counterpart. The minister is expected to leave for Uzbekistan on a visit, during which he will also travel to other neighboring states, including Iran to discuss Afghan developments. I'm Charles de la Decima. I'm Rita Foley with an AP newsman at G seven leaders, many of whom are not happy with President Biden's handling of the Afghanistan withdrawal will meet virtually today to talk about the crisis. Here's the Apes My Gracia Amid the backdrop of the Harriet evacuation from Afghanistan, the G seven leader Of the world's seven major industrialized democracies will meet virtually today. At Monday's White House briefing, press secretary Jen Psaki acknowledged the key topic of the G seven conversation will be President Biden self imposed August 31st deadline for the total withdrawal of US forces. We certainly know and many have talked about their desire to raise Questions about the timeline. That's not a surprise, and the president is happy to have that discussion. But in an interview with Taliban spokesman told Sky News, August 31st is a red line The U. S must not cross. China says nations should support peaceful reconstruction in Afghanistan rather than impose sanctions on the Taliban. I'm Rita Foley. Thank.
"5 months" Discussed on AP News
"The Taliban says the U. S. Must complete evacuations from Afghanistan by the August 31st with Drawl date. No extensions, says the Taliban. CIA director William Burns just flew secretly to Kabul and met with Talibans, top political leader in Kabul, Afghanistan. That happened yesterday. We're told, although we don't know what they said to each other This as close to 22,000 people were flown safely out of Afghanistan in the 24 hour period that ended early this morning. This was aboard a combination of US and non US aircraft, according to the White House Vice president Kamala Harris, visiting Singapore said this We are extremely grateful. To our men and women in uniform and embassy staff. Who are on the ground as we speak, making this historic airlift happen. In an incredibly difficult And dangerous environment, The FDA announced yesterday. It is now fully approving fighters covid vaccine. So is there a light at the end of the Covid Tunnel? The Today's show, asked Dr Anthony Fauci this morning. You know it's going to depend on us. It really is. It's in our hands. Our fate is in our own hands. I probably will be, you know, as Have said a couple of times if we do it right and get through the winter, I hope as we get to the spring of 2022 will be there. I hope so. It's up to us Florida's well. Disney world will now require union employees as well as non union and salaried workers to be fully vaccinated against Covid to keep their jobs at the theme park. Employees can request exemptions for medical or religious reasons. The Paralympics are underway in Tokyo in the same empty stadium as the recently completed Tokyo Olympics. This is a P news. It's five months in jail for the leader of the proud boys. Here's the AP said Donohue, the leader of the proud Boys extremist group was sentenced to more than five months in jail. Enrique Terrio told the court he made a grave mistake and was profusely. Sorry for his actions. He pleaded guilty to burning a black lives matter banner that was torn down from a historic black church in downtown Washington, D C and bringing to high capacity firearms magazines into the nation's capital days before the January capital riot. Proud boy members describe themselves as a politically incorrect men's club for Western chauvinist. Dario hasn't been charged in the capital attack. But for group leaders have been charged with conspiring to impede the certification of President Biden's victory. Ed Donahue, Washington All New York City public school teachers and other staffers will have to get vaccinated, say officials. That's the nation's largest school system. Classes start next month. I'm Rita Foley. AP News Thank.
"5 months" Discussed on AP News
"S. Capitol had Donny, who has more, Enrique Terrio told the court he made a grave mistake and was profusely. Sorry for his actions. He pleaded guilty to burning a black lives matter banner that was torn down from a historic black church in downtown Washington, D C and bringing to high capacity firearms magazines into the nation's capital days before the January. Capital riot, proud boy members describe themselves as a politically incorrect men's club for Western chauvinist. Dario hasn't been charged in the capital attack, but four group leaders have been charged with conspiring to impede the certification of President Biden's victory. Ed Donahue, Washington I'm Tim Maguire. AP NEWS Afghanistan EVACUATION. I'm Tim Maguire with an A P news minute. The evacuation flights out of the Kabul airport continue. White House National security advisor Jake Sullivan says close to 40,000 people have been flown out of the country. The total number of Americans in country was relatively Limited number of folks, So in terms of percentages of the 37,000, the substantial bulk of them are Afghan evacuees, But there are also have been a few 1000 Americans who have already been evacuated. President Biden has not ruled out extending the evacuation beyond August 31st the date he set for completing the pullout of U. S forces. A Taliban spokesman Tell Sky News. The end of the month is a red line. FDA is getting final approval to the Pfizer coronavirus vaccine, the president calling for those who haven't gotten the shots to do so together. Made significant progress in just seven months. Just have to finish the job. Science. Facts and confidence. I'm Tim Maguire. AP News I'm to McGuire.
"5 months" Discussed on Sales Success Stories
"Routines using the right tools. Using something like thrive space in tracking and be be more aware of these habits. That allows you to understand. I actually. I need to be a bit more discipline next week to really get get where i need to go or want to go or now i can look back and say No actually i should have been more flexible there this down on something potentially fun or big by just not going in so you start to develop that intuition and just makes you more interesting person. Being a more interesting person like a flywheel makes you better seller but our seller you know crush my quota a lot of money. But it's not because i'm focusing on those things. I'm focused on being a optimized in part of that's happiness and well-being in satisfaction and all that needs to be looked at and you need to be aware of what is impacting hole. That you know. I think we have tackle this in exactly the right way in the right order and the right priority right so we spent the first half. Maybe we'll see how this goes of our time talking about managing yourself right an and making sure that you have set up your your body and your mind set to be a world class performer. Let's talk about now. How are you managing the deals right. So if if now the mindset is if i've done a good job on the front end of really kind of qualifying and making sure that this does have a really strong fit and there's a great potential for us to have a transformational impact in this opportunity. How're you managing the ins and outs of the deal and that process from there. Yeah this has been the exciting stuff and this has been been fun. Because because i have all those things solidified as strong foundation. This is win. I can apply creativity. i think. That's what's missing sales a lot of. It's a robotic process especially sort tip of the spear especially the business development sales development level or more transactional deals when you elevate eventually get to the enterprise and strategic space. This is where separating yourself with creativity starts to lend the real big deals the real results so something like i mentioned earlier than getting obsessed. I think this is something What's been helping. Me is using design thinking and i'm at a place now where i'm starting to challenge these really major brands. A major airline a major retailer major bank and going in showcasing to them. Hey let's suspend reality for a little bit. Let's think about those moonshot ideas and let's just think about the possibilities and think about how we're gonna get their fat come later but let's just capture. What could be possible. And i've been fascinated with this quote. Honestly can't remember where it came from one of my knowable sessions. If you can talk about the dream you can design the dream. So i think it starts first with the outcome and starting with dat bringing that up front in every call discovery. Call meeting presentation workshop. That's been really powerful. Because he gets the people on the other side in a different mindset one. It differentiates you not. Many sellers are confident enough or willing to think that big to just cracks through the croc tile brain and gets them like leaning in and like waking up. Like whoa okay. This person's serious and then three it starts to help shape like wow. I'm one you versus me needing to chase you. As the brand is the prospect. I get i feel like it flips the desire to them wanting to say..
"5 months" Discussed on Sales Success Stories
"I think in the day so score that so there's like a total score ten points on just that portion but relates a little bit more to my mood because if i'm doing all all five of those things two points each. I know i'm in. A good mood generally calculates my overall thrive score taking health productivity time and mood Up all in a relevant score for me. And then i just write down my significant milestone or take away for the day and that's it That's sort of my guide. My blueprint of here's how it will while it did this month or this week this day. And what keeps that fries core high. Let's do more of that and double down on it. Love it so sign me up for the focus group or the beta on that. What's so interesting is. I've always been into this kind of quantified self sort of of space and i mean you have exactly articulated. The challenge is well. I've got great data but it's six seven eight different places and there's nothing that really does a very good job of bringing it all together and frankly i don't want to you know build it all into a spreadsheet and everything else. I'm gonna pile onto that and suggest a book that i read. That was like gate. Welcome okay. I don't mean the pun here but game changing. It's a book called reality is broken and it's written by a woman and i'm forgetting her name but won't will have it in the show notes. We're gonna have a lot of good stuff in the show notes on this one. So i don't know what number episode this will be but if you go top one dot. Fm forward slash brandon dash flu hardy and the number two. We'll have everything therefore you it's written by a phd in game theory. And she basically looks at the way. The video games are designed and all the game of vacation and stuff like that. Where it's it's always it's progressively harder. It's always a lie..
"5 months" Discussed on Sales Success Stories
"So it was really front and center for me of understanding when i am less than three hours of sleep debt. I started like when i first started using. I was thirteen hours of sleep. Debt crazy. i think that's would be common for a lot of people. We get accustomed to run the almost getting numb to the fact that we're in constant sleep debt and we don't really know how much until we start putting a spotlight on becoming a bit more aware of it. So that brought a lot of awareness me rounds. Mankind are really core pillar to my coach now which is having a foundation of being well rested and sleeping well and then i started correlated search tracking. Things like all mini meetings. I was in in a day. Not in the sense that i wanted to have more meetings like sell more deals. Actually i wanted to start out of meetings. Because i was reading a book at the time by how newport call deep work and that was profoundly insightful for me because what cow lays out is that want to be hyper successful. In today's modern knowledge worker era you need to dedicate time for deep work and so in a simple rule spreadsheet. I would just sort of track. Here's how well rested. I and here's how i'm sleeping. What my sleep. Debt is how many meetings. I would need to a sweet spot an understanding of like no more than four hours a day meetings because in the other four or five hours a day i want. It's dedicated towards going deep with my prospects and it was sort necessary. Twenty twenty right because we were getting the amount of leads. We did that. The previous year to we had to go out of necessity had to go deep. I had to like think really creatively for my prospects. Think about some really creative ideas. That could fundamentally help with their business. Especially since. I'm sun transformation. How could they need super smart budget. How could i unearthed problems..
"5 months" Discussed on KTRH
"Seeing about a four minute travel time on one sleeps. 6 10 north out between sample eBay and highway to 90. I'm generals like a carriage Gulf Coast windows dot com. 24 Hour Traffic Center. If you'd be out early on this Sunday, may encounter some day. This fog otherwise cloudy today with periods of showers Maybe you to rumble thunders. The high warms up to 75 more rain tonight. The low 68. The showers and storms will move out early on Monday than some breaks in the clouds during the afternoon. Temperatures stay mild with a high of 75. Partly cloudy on Tuesday with a high headed into the low seventies. I'm meteorologist Jeff Mar from the Weather Channel. There's a dense fog advisory in effect 61 at the John more Katie or H 24 hour Weather Center 7 31. Our top story, An apartment fire on FM 1960 West Lens, two deputies and a firefighter in the hospital this morning with smoke inhalation and uninjured need. An Amazon driver found a five month old baby sitting in a car seat on the side of the road on Houston's north side. After somebody stole a car with the child inside and then abandoned the baby police down looking for that car thief. Hearing in Montgomery County continues tomorrow to determine the fate of a service dog that bit a three year old child in the face inside an old town Spring restaurant earlier this month, that dog could be euthanized. Rocket's gonna be off tonight and tomorrow. They beat the Mavericks last night and host the Wizards on Tuesday. News on demand a ktrh dot com We're going to another updated eight. I'm Nikki Courtney on Houston's news, weather and traffic station. NewsRadio. 7 40 ktrh. Look, I've found I finally realized what this device in the upper area of the car is used for. Can you take a look? It's It's a taco holder..
"5 months" Discussed on KOMO
"Time. CNN's chief international correspondent Claris Award, the Coma Morning News with manufacturing Greg her Schultz on Co Moh news record highs for the stock market on Friday, the S and P added 0.5% rising 1.8% for the week. The Dow and NASDAQ also closed at record highs. US consumer borrowing rose 4.4% of November, its strongest showing in five months. Advance was led by strong gains and auto and student loans, which offset a drop in credit card borrowing. That reserve said the 4.4% rise represented increase of $15.3 billion that showing since June. Deutsche Bank has agreed to pay fines and penalties of about $130 million to avoid a criminal prosecution on charges it participated in the foreign bribery scheme involving Saudi Arabia. Lawyers for the bank waved its right to face an indictment on conspiracy charges Friday. During a teleconference in New York City. Deutsche Bank said it had cooperated with federal authorities. We check your money at 20 and 50 past the hour on Co Moh news. Have been fed. That's a fact have been. That's a foul credit card purchases. Give me cash back purchases. Give me cash back. No one else gets these reboard such and that is just played us through. What in tarnation? Sir Penn Fed's para cash rewards card isn't just for military members. Anyone can get cash back on all purchases. Figgins, you've ruined my favorite song. Been Fed Credit Union visit Penn fed dot org's slash power cash to receive any advertised product, you must become a member of Penn Fed injured by NC Away in Africa five year old Shrew has no choice she million's like the walk Miles a day with dirty one. Together, we can end their water. Because when you just had water on changing left very more World.