35 Burst results for "9 Months"
Mark Levin
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.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"9 months" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Amen. I agree with that 100%. And saying that he sees Bitcoin as a vehicle for returning innovation to America, he added that any capital gains exemptions on Bitcoin conversion should only apply to the smaller investors and businesses as not to create huge windfalls for large companies like BlackRock and the rest of Wall Street, such as Goldman Sachs and the bankers. You know how that goes. Anyways, fam, very interesting to say the least. Now for the latest from a billionaire venture capitalist, Tim Draper, who was recently interviewed, and then I'll be sharing Fundstrat's Tom Lee's latest $180 ,000 price prediction he says likely to occur before the Bitcoin halvening, only nine months out due to one catalyst, and we're going to be discussing that in great detail, followed by our live Q &A. So let's break this down. Shout out to Tim Draper, a prominent advocate of Bitcoin, recently revised his prediction for the timeline when he anticipates Bitcoin going to reach a quarter million dollars per coin. In a new interview with Fox published on Wednesday, Draper discussed how Bitcoin, a Clem and Countdown broadcast throughout the interview, Draper emphasized the significance of the internet in society and expressed his belief that the same is going to be true for Bitcoin, quitting him here. We're going through one of the most exciting decades I think we'll see in our lifetimes because we have Bitcoin transforming the way currency and commerce is done, he said. Currently, the venture capitalist stated Bitcoin was establishing its position amidst a vast array of other crypto assets, quitting him again. I think we are going to see Bitcoin rise above the other cryptos, he shared. In fact, he admittedly asserted that Bitcoin will further ascend to challenge other fiat currencies, and according to the venture capitalist, Bitcoin's superiority and heightened efficiency surpasses today's conventional finance system. I mean, that's a given, right? He shares here. It is just better tech. Having a bank and government decide on what currency is good is not as effective as having Bitcoin where there is a trusted third party, which are hundreds of thousands of nodes, making sure the transaction was done properly. And he also says Bitcoin is just better, safer technology, and I think eventually the rest of the world will come on board. Wise words. Draper further asserted that Bitcoin is accepted worldwide and believes it's only a matter of time before retailers recognize the advantages of accepting Bitcoin. He pointed out that they can avoid paying bank and credit card companies by utilizing BTC. The investor also emphasized that eventually Bitcoin will be the one everyone flies to when you can buy your food, clothing, and everything else, including shelter, etc. So there you have it. Let me know if you agree or disagree with Tim Draper and his updated quarter million dollar price prediction. Let's get it. He believes it's going to happen within the next couple of years. He initially believed this target was going to happen by July or June of this year, but he just pushed that goalpost back, which you've got to do what you've got to do. We all know it's inevitable, only a matter of time. Now, for the moment, you're all waiting for the reason you clicked on this video in the first place. That's Fundstrat Tom Lee's 180 ,000 Bitcoin price prediction within the next nine months. If you'd love to see 180 ,000 price action before the next haven, let me know in the comments right down below. Now let's discuss this very bullish prediction.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"9 months" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Let me know how many of you are currently bullish on the King Crypto, and how many of you are anticipating a pretty bullish bull run here coming up. Let me know in the comments. At the end of the show, I'll be reading everyone's comments out loud. Now for the latest with the largest asset manager in the world, which is BlackRock. They allegedly control over 10 trillion bucks in assets under management, and they're making big moves on the other side of the world in India. That's right, global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the digital first offering. BlackRock on July 26th, as we know, officially announced a joint investment project with JIO Financial Services, an arm of Indian tycoon Mukesh Ambani's Reliance Industries, India's most valued firm. The companies each plan to invest up to $150 million in a 50 -50 joint venture. Let's go JV, pun intended. Named JIO BlackRock, the project aims to provide tech -enabled access to affordable, innovative investment solutions to millions of investors in India. And don't forget the population in India is massive. I believe it's like one of the largest populations in the world. Someone please fact check that. Let me know in the comments below how large it is. Now the venture will utilize BlackRock's expertise and talent in investment management, tech access, operation, scale, and market intellectual capital. The announcement said JFS will in turn contribute the local market insights, as well as digital infrastructure and execution capabilities. The partnership will introduce a new player to the India market with a unique combination of scope, scale, and resources, the announcement notes and shares. The partnership will leverage BlackRock's deep expertise in investment and risk management, along with the technology capability and deep market expertise of JFS to drive digital delivery of products. I mean you can't get much more bullish than that. The new joint venture is subject to regulatory and statutory approvals before the launch, the company noted, and while referring to the new product as the digital first offering in India, BlackRock and JFS didn't specify any concrete plans for cryptos, such as Bitcoin or any other type of digital assets.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"9 months" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"Macroeconomic data produced a muted reaction. I know more sideways, boring trading action, but it is what it is. As you can see here in the Bitcoin one hour candle chart data from Cointelegraph markets growing trading news showed Bitcoin price strength waning after a brief push to roughly 29 ,680. We almost hit that 30 ,000 mark, but not quite. Bitcoin offered a modest uptick after the Fed hike interest rate to their highest since 2001, a move already priced into the markets. And the day's U .S. domestic product, a gross domestic product advanced print for quarter two came in better than a forecast at 2 .4 % annualized, pointing to inflationary pressures continuing to ebb and what can prove a catalyst for risk asset performance. And quoting a crypto analyst, me Calvin, a pop Bitcoin steady stock steady. Now the PCE is better than expected and we go up. He also shares here open interest to new highs. Price grinding upwards seems likely to sweep down before up for Bitcoin. If not break twenty nine seven in a one go and we'll have a party. We'll send it an on chain monitoring resource material indicators. Meanwhile, suggests ahead of time that the GDP would be a nothing burger for crypto. Quoting him here, the strong economy soft landing narrative is gaining some traction, but the Fed would still like to see softening of the labor market to support the thesis relative to what the historical record shows about the correlation between the labor market and inflation. Let me know if you agree or disagree with this analyst. And otherwise, we have the U .S. dollar strength hitting two week highs. Believe it or not, that's right. On the day odds of rates pushing at their current five and a quarter to five and a half percent stood at 76 % at this time, with 24 % likelihood of another quarter of a percent hike. According to the CME Group's FedWatch tool, which has been overall pretty accurate and commenting on the outlook for crypto vis to vis U .S. macro movements. We had TED Talks macro share the following.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"9 months" Discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"I'm so sorry, ma 'am. I know you need this medicine, but it looks like it's not covered by your insurance. Yeah, unfortunately, I had to deny that one. Wait, who are you? I'm your insurance company's pharmacy benefit manager. I get paid based on the price of a medicine, and I don't make as much money off this one. No one should stand between you and your medicine. Visit phrma .org slash middleman to learn more. Paid for by Pharma. In today's show, we're going to be discussing one catalyst which can trigger a Bitcoin explosion by over 500%. Send in the Bitcoin price parabolic between $140 ,000 and $180 ,000 before the next halving within nine months, according to Fundstrat's Tom Lee. We'll also be discussing the latest technical analysis, as well as the fact that SPF donated $93 million in stolen customer funds to U .S. politicians. Yet, the U .S. government just dropped criminal political campaign finance charges. You can't make this ish up. We'll also be discussing Bitcoin's next bull run, as Bitfinex stablecoin ratio blows up in 2023. We'll also be discussing crypto -friendly BlackRock starts the digital first investment offering in India. That's right, and check this out. If all the investors follow BlackRock's optimal Bitcoin allocation of 84 .9%, Bitcoin will be worth more than 5x the total value of all equities, real estate, and bonds. So if the total global wealth today is $800 trillion, Bitcoin would be worth $190 million per coin. Let that sink in. Also in today's show, Robert Kennedy Jr. reveals buying two Bitcoin for each of his seven children. That's what's up. We'll also be discussing billionaire venture capitalist Tim Draper predicts Bitcoin will outpace fiat currencies and asserts its superiority over traditional banking. All this, obviously, plus so much more in today's show. And
Mark Levin
Gregg Jarrett: Previewing New Book 'The Trial of the Century'
"The trial of the century what is the trial of the century Which one You know there have been a lot of famous trials that have been dubbed as such by the media over the years The Nuremberg case Julius Ethel Rosenberg the O. J. Simpson double murder case which I covered for 9 months in Los Angeles They pale in comparison to the 1925 scopes monkey trial Because it stake was our cherished free speech rights America was at the precipice there was an effort and it was succeeding to ban books for example on evolution and they weren't going to stop there They were going to ban a variety of science books and other books And in the state of Tennessee they made it a crime for a teacher to teach out of the state approved textbooks a chapter on the cornerstone Darwin theory of evolution Because they feared it would undermine the story of the divine creation in genesis in the Bible Which it didn't Their harmonious and Clarence Darrow was incensed over it So when a young 25 year old school teacher was handcuffed criminally charged in front of the host gal Darrow came to the rescue the greatest trial lawyer who ever lived And he for free descended John scopes It became known as the scopes monkey trial which was derived from an evolutionary misconception that humans evolved from monkeys or other primates I traveled a couple of years ago to the courthouse in Dayton Tennessee where the trial took place It's closed now but buried in the archives of the basement and I gained access was the original trial transcript
AP News Radio
Head of Russian private army Wagner says his forces are handing control of Bakhmut to Moscow
"The head of the Russian private military contractor, Wagner has claimed that his forces have started pulling out of bakhmut in eastern Ukraine and handing over control to the Russian military, the announcement by yevgeny prigozhin, the owner of the private military company, comes days after he said Wagner troops had captured the ruined city, the millionaire owner, with longtime links to Russian president Vladimir Putin, said in a video published on telegram that the handover would be completed by June 1st. We are handing over military positions, ammunition, everything including dry Russian to the Russian military. Nevertheless, a day earlier Ukrainian general staff said that heavy fighting was continuing inside the eastern city after a 9 month battle that killed tens of thousands of people, I am Karen Chammas
AP News Radio
Russia claims to have Bakhmut but top Ukrainian military leaders say the battle is not over
"Officials from both Russia and Ukraine dispute who occupies the eastern city of bakhmut. Russia claims it's one control of back mount, after a grinding 9 month conflict, in which tens of thousands of fighters died. But top Ukrainian military leaders say the battle is not over. Ukrainian officials acknowledge they now control only a small part of the city, but say their fighter's presence has played a key role in their strategy of exhausting the Russian military, and they say their current positions in surrounding areas will let them strike back inside back mud while Ukrainian forces are making significant advances just outside the 400 year old city. I'm Charles De Ledesma
The Eric Metaxas Show
Experiencing the Mystery of Christian Faith With Stephen Strang
"Talking to Stephen strang, founder of charisma magazine, who has a new book out called spirit led living in an upside down world, and I'm glad Stephen that we're talking about this because as I just said, we went to the break so many people, they have a very bleached kind of desiccated intellectualized, rationalistic view of the Christian faith. They don't understand that there's mystery that there is the life of the Holy Spirit. They've not experienced that. Maybe they've not experienced miracles or they've only seen weird people experience that. But you and I know that this is God's will for us as Christians. Absolutely. My book is practical, it's experiential. It is not really theological, although I will stand behind the theology. You know, I'm a journalist. I'm not a theologian. I'm not never been a pastor. But I've lived a long time now, and I've seen God work. I've had my own set of problems and trials. I've had to reach out to God. I've had to get victory over things. I've had to believe God, you mentioned charisma magazine. It's just started as a dream. I had to believe it into existence in a way. The gift of faith, I write a light in there about Kenneth Copeland and we call him papa Hagan. And I interview a lot of people. I interviewed Catherine Coleman back in the day, but that's amazing. You must have just been a kid. Seriously, that's quite a while ago. It was. And I think I did the last. I did it for the Orlando sentinel where I worked at the time. Can you believe a secular paper sent me to cover a Catherine Coleman rally? She was a big, big cultural figure, I know, become friends with Mario Morello. He was telling me stories about her. And you know, she obviously lived into the 1970s, but still I interviewed her about 9 months before she died. And I think it was probably the last major interview she had before she died.
The Eric Metaxas Show
"9 months" Discussed on The Eric Metaxas Show
"I'm talking to Hadley Arcus, who is the author most recently of an important book mere natural law, of course, meant to evoke mere Christianity, C. S. Lewis famous book, mere natural law. So what is natural law? The subtitle is originalism and the anchoring truths of the constitution Hadley, you were just saying that when we make a law or a manual Kant was saying something. So why don't you go back to what Kant was saying about speed limits? As always understood that the natural law would have to give way to the positive. The law that is positive or enacted. You have to move the principles of the natural law to a regulation that bears on the circumstances of the terrain in front of you. So before you have a sign saying 65 MPH is 70. There must be an underlying principle that tells you why you'd be justified in restraining the freedom of people to drive space and put innocent lights at hazard. But if you can take it back to one root of elementary point, telling point, take us 30 seconds, Eric. In a book of mine 40 years ago, the philosopher city. I recalled seeing an X rated program on Capitol Hill done by Judith denson Gerber, who was working on the abuse of children. And she came in with evidence of, I don't want to be too graphic. But sexually transmitted diseases in young infants 9 months old and 18 months old. Now, let's suppose we as a community solve it. Face after the first time. I'd ask you, what do you think the natural reaction would be? Would it be ah? Let's give them a tax incentive to induce him to stop. Or a deduction for the children. People that used to get a giggle. And when people laugh at that, they recognize if something utterly enact the response to that situation is the voice of a command, stop. Whom to stop anyone, anyone who does such a thing. In other words, for whom would it be wrong to do that to children? That's anyone, everyone. In other words, we were supposed to reacting or reacting with a moral voice. It would be wrong for anyone to do. Therefore, we would be justified in forbidding that wrong to anyone.
The Eric Metaxas Show
Hadley Arkes Reveals the Truth About Natural Law and the Constitution
"I'm talking to Hadley Arcus, who is the author most recently of an important book mere natural law, of course, meant to evoke mere Christianity, C. S. Lewis famous book, mere natural law. So what is natural law? The subtitle is originalism and the anchoring truths of the constitution Hadley, you were just saying that when we make a law or a manual Kant was saying something. So why don't you go back to what Kant was saying about speed limits? As always understood that the natural law would have to give way to the positive. The law that is positive or enacted. You have to move the principles of the natural law to a regulation that bears on the circumstances of the terrain in front of you. So before you have a sign saying 65 MPH is 70. There must be an underlying principle that tells you why you'd be justified in restraining the freedom of people to drive space and put innocent lights at hazard. But if you can take it back to one root of elementary point, telling point, take us 30 seconds, Eric. In a book of mine 40 years ago, the philosopher city. I recalled seeing an X rated program on Capitol Hill done by Judith denson Gerber, who was working on the abuse of children. And she came in with evidence of, I don't want to be too graphic. But sexually transmitted diseases in young infants 9 months old and 18 months old. Now, let's suppose we as a community solve it. Face after the first time. I'd ask you, what do you think the natural reaction would be? Would it be ah? Let's give them a tax incentive to induce him to stop. Or a deduction for the children. People that used to get a giggle. And when people laugh at that, they recognize if something utterly enact the response to that situation is the voice of a command, stop. Whom to stop anyone, anyone who does such a thing. In other words, for whom would it be wrong to do that to children? That's anyone, everyone. In other words, we were supposed to reacting or reacting with a moral voice. It would be wrong for anyone to do. Therefore, we would be justified in forbidding that wrong to anyone.
AP News Radio
Journalist working for AFP news agency killed in Ukraine
"French international news agency Azure France press says it's Ukraine video coordinator was killed on Tuesday during a rocket attack near the eastern Ukrainian city of bakhmut. The agency says 43 year old Amman sardin was with a team of AFP journalists traveling with Ukrainian soldiers when the group came under fire with grand rockets the rest of the AFP team was uninjured. The late afternoon attack took place in the vicinity of chassis via a town near Batmobile, Russian forces have been trying to capture the city for 9 months, making that the focus of the war's longest battle. The AFP's chairman says Sundance death is a terrible reminder of the risks and dangers faced by journalists every day covering the conflict in Ukraine. I'm Charles De Ledesma
AP News Radio
Americans likely saw little relief from inflation in April
"Are consumers getting a break from inflation? Today's April report is expected to show that U.S. inflation remained high last month, according to a survey of economists by the data provider facts that, consumer prices are expected to have risen .4% from March to April, that's much faster than the .1% increase the previous month compared with a year earlier prices are expected to have jumped 5% in April. That's the same year over year increase as in March, if that forecast proves accurate, it would be the first time that annual inflation did not fall after 9 months of declines, the items that may have accelerated inflation last month, pricier gasoline, apartment rents, and possibly used vehicles, the cost of airline fares and hotel rooms are expected to have eased after a month of increases, dawn of water Washington
The Charlie Kirk Show
Trump Lashes Out at Murdoch, Fox News and More
"Are you ready for a crazy 9 months or what? I mean, this primary is getting out of control and it really hasn't even begun yet. Let me read you a truth from president Donald Trump. Rupert Murdoch, worst Republican speaker ever Paul Ryan, rhino Karl rove, the Wall Street globalist journal in the rapidly disintegrating Fox News have gone all out over the last three months pushing and promoting wrong to sanctimonious. A man who without the help and endorsement of president Donald J Trump, he's speaking of himself in the third. Would now be working at McDonald's or at a minimum be far away from Tallahassee anyway, all of this rhino globalist push from election undeniable Murdoch has crushed to sanctus in the polls. Darren, we're talking about media. He went straight after Murdoch and the Murdoch empire. He went after Karl rove, Paul Ryan, who's on the board at Fox, any called Ron DeSantis to sanctimonious and desantis. All in one truth. I mean, this is getting, it's getting intense. How is this going to play out? Outline for our viewers the next 9 months. Well, you know, I think we have a little preview, but desantis has an announced yet. I think once he announces, then it's really going to be on and really going to be interesting. But we have a little preview of that. And I think as I've said before, I think things could be very difficult for desantis. I think he's been led astray. I think the advice of his counselors or whoever they are told him to run in this cycle was profoundly ill advised. I've said repeatedly that he should just wait it out and
WTOP
"9 months" Discussed on WTOP
"Near law can stay in. Now 9 months into the job, fair evasion is still a top priority for metro's general manager in an exclusive interview with WTO Randy Clark says stopping fair jumpers is key to metro safety. Not everyone that far of aids commits criminal activity on our system, but almost universally and I'm talking 99.9% of people that commit criminal acts in our system, fair of aid. Clark tells WTO that in Virginia and Maryland transit police is able to stop violent criminals from getting on the system after they're caught fair of aiding. We don't do that in D.C. because in the D.C. law, it's a citation, but we're not allowed to check the same way. Clark says this is because D.C. decriminalized fear of Asian back in 2018, barring transit police from identifying ferret vaders. That's a good example of I think something that we could maybe work on when asked D.C. council member Brooke Pinto says she echoes Clark's concerns and will work to find a solution. Lou Garrett, WTO news. You can hear Luke's full conversation with metro CEO Wednesday on the DMV download podcast. In a little less than three months, marylanders will be able to buy recreational marijuana in the state, legally. Starting July 1st, sales currently restricted to medical marijuana patients will expand to adults 21 and older at this weekend's national cannabis festival, Colin was telling everybody about the marijuana delivery app he represents uplink. Basically, we're like an Uber eats or DoorDash of cannabis delivery. The Laurel based firm is the only one licensed in Maryland to deliver marijuana, when laws change
AP News Radio
What's next for abortion pill after Supreme Court's order
"Members of Congress are watching the legal process of a case involving a widely used abortion pill. Now that the U.S. Supreme Court allowed its use to continue, while court appeals play out. The Supreme Court decision late Friday means nothing changes for now in access to mifepristone. Congresswoman Debbie dangle, a Democrat from Michigan, says on Fox News Sunday. The FDA's approval of the drug should stand. What they wanted to do was to ban a drug that also is used in Cushing syndrome. I was a woman that suffered from meteoroids and was trying to get pregnant. When it comes to states, passing tougher abortion restrictions. South Carolina Republican congresswoman Nancy mace warns her party not to get too extreme. The vast majority of people want some sort of gestational limits, not at, you know, not 9 months, but somewhere in the middle, they want exceptions for rape and insist they want women to have access to birth control. She spoke on ABC's this week with George Stephanopoulos and appeals court in New Orleans in mid may. We'll hear arguments on a Texas judge revoking the approval of mifepristone. I'm Jackie Quinn
AP News Radio
New push on US-run free electronic tax-filing system for all
"Many Americans were spending this weekend finalizing their tax returns through online services. But the federal government is considering a filing system of its own in the future. The tax filing deadline is Tuesday, about 25% of Americans wait until the last minute, using programs from Intuit, H and R block, and other private companies that charge for their software. But the IRS is exploring the creation of a government operated electronic tax return system that would be free to use. A government spending bill last summer gave the IRS 9 months and $15 million to report in on how it might implement such a program and how much it would cost. Taxpayer advocates loved the idea. Critics have been skeptical about the IRS taking on two roles. Tax collector and tax preparer, possibly creating a power imbalance between taxpayers and the government. I'm Jackie Quinn
AP News Radio
Japanese PM unhurt after blast during campaign event
"Japan's prime minister was evacuated unharmed after some one through an explosive device in his direction at a campaign event in western Japan. This is the moment a man is seen throwing what is being called a suspicious object at Japanese prime minister formula kishida as he campaigns at a fishing port in wakayama prefecture. The suspects is pinned to the ground moments before the device explodes on stage. The crowd scatters in panic as police roughly drag the man away. The prime minister escaped uninjured and continued his campaigning for the rest of the day. Kishida attended the event to support his ruling party's candidate in a local election and the explosion occurred just before he was to begin his speech. The chaotic scene was reminiscent of the assassination 9 months ago, a former prime minister Shinzo Abe, which also came on a campaign tour and continues to reverberate in Japanese politics. I'm Karen Chammas
Dennis Prager Podcasts
Conservative Open to Change
"I'm a guy that is very, very open to change right now. I am as infuriated and enraged as any other conservative that Donald Trump had his second term stolen from him. It was illegal. It was rigged. It was all of those things. I would like justice to be served too. I would like him to get in again just to shove it straight up there. Noses. I really would. But I am also of a mind that I want to get things done. And I know that the obstruction that the Democrats throw at Donald Trump is unlike anything they've ever done anybody else and ever will again. It would be very, very hard. Probably there would be at least two more motions for impeachment in a second term, just like there was in the first. They'll do anything they can to stop him and whatever agenda has. I'm open to change, but what I am trying to get across here is that while Donald Trump might not be my very first choice at this moment in time in April of 2023. I will champion him if he's our nominee. And I hope everybody who is in the Trump camp that is their first choice right now will champion Ron DeSantis if he's the nominee. And will not listen to what Donald Trump has done or said himself to Ron DeSantis, or about Ron DeSantis in this, it's not even a primary phase right now because desantis is not a declared candidate, we're still 9 months away from the Iowa primaries, we're still, you know, 6 months away from any debates, all of those kinds of things. But he's already branding Ron DeSantis as being a somebody's going to slash social security and Medicare, somebody who's a groomer because he took pictures with his high school students back when he was a 23 year old teacher. All of these things that he has done. I'm not a fan of that. I'm not a fan of the way he's treated Ron DeSantis. He's been nicer to Gavin Newsom. The far left Marxist failed governor of blue state California, than he is to Ron DeSantis, the super Uber conservative America first champion of the great red state of Florida. I got a problem with that, but I will still be a huge champion of his if he's our guy. It's the only way we can win.
The Dan Bongino Show
Nancy Mace Says FDA Should Ignore Judge's Abortion Pill Ruling
"I'm really getting tired of Republicans who hijack our principles and our money and our volunteers and people go knock on their doors and the minute they're given an opportunity to fight for something that matters Like human life in the womb they go on left wing cable news channels like CNN and they talk about how AOC recommending that the FDA ignore a federal judge basically bringing in tyranny is federal judges ruling on an abortion drug and they agree with AOC Promoting both death in the womb and tyranny at the same time Here it is Listen to yourself Nancy mace Do you agree here then with comments from people like your colleague Alexandria Ocasio-Cortez that the Biden administration should ignore this ruling that the FDA should ignore this ruling Well I mean this is the judicial branch and we have a court system I do think that this is going to be relegated to the courts There are other lawsuits that are going on right now I would This is an FDA approved drug I support that usage of FDA approved drugs even if we might disagree It's not up to us to decide as legislators or even as the court system that whether or not this is the right drug to use or not Number one So I agree with ignoring it at this point but there are other lawsuits that are happening right now and other states as well over this issue but to look at the case itself when you look at the law that the judge used in ola that the Supreme Court said was unconstitutional This thing should just be thrown out quite frankly So you think the FDA should ignore this I would Yes I would This is an issue that Republicans have been largely on the wrong side of We have over the last 9 months not shown compassion towards women And this is one of those issues that I've tried to lead on as someone who's pro life and just have some common sense
The Charlie Kirk Show
Charlie Answers a Question About California Homelessness
"Question is related to homelessness for I'm from San Diego, but I do live out here on your Temecula. But in San Diego, our mayor Todd Gloria has worked with Gavin Newsom to start a conservatorship program where homeless people would be basically taken off the streets and given to the hands of government where they would be given prescribed medications provided housing provided psychological services all at the expense of taxpayers. On the surface, this program does seem like a good idea to someone who's not like us. But my question is, what is the conservative answer to addressing homelessness without using big government big brother to take them off the street and address their alcohol drugs and all their problems? That's a great question. So I mean, first of all, that program will be way over budget and totally messed up by the California government. But that's not that's not even going to be my answer. We don't have to think too deeply about it because conservative mayors like Rudy Giuliani, they've solved homeless Christ homeless homeless crisis. So let's okay, so which one of the 5 fake religions does this fall under the religion of tolerance? We should not have tolerance for public degeneracy or depravity of our streets. We should have compassion for the person and find healing for that person. But the activity I have no tolerance for somebody that goes around and exposing others with public nudity or publicly defecating. That act should be considered intolerable. So what is the conservative solution? You should draw very fine line. You should make it illegal. You have to throw them in prison. But yes, you should spend time and energy and resources to continually say you can't go there. You can't do that. This is not your street. You can't do that. And what New York City found under Rudy Giuliani is you had some messy 9 months, but you do it humanely. You expand the homeless shelters, but eventually the homeless learn the rules and they follow the rules and homeless went homelessness went down dramatically. You get more of what you subsidize. So if what you're telling me right now is the government is going to come in with housing and money, you're going to get more homelessness, not less homelessness. And finally, it's a very complex issue. I have spent some time in homeless encampments and going through it. There is a group of people there that, of course, are mentally going through struggles and they need help and they need compassionate care. However, this goes to the entire trans thing as well. We should not have to accommodate clean streets, safe streets, and a society that functions because of somebody else's problem.
AP News Radio
After Nashville, Congress confronts limits of new gun law
"In the wake of the latest mass shooting, this one at a Nashville grade school. There are renewed calls in Washington for gun control, but no signs of anything changing. 9 months ago, President Biden signed a sweeping bipartisan gun law. It was a compromise that stopped short of banning assault weapons, but it required stepped up background checks that have blocked more than a hundred gun purchases so far and sent some 30 gun trafficking cases into the court system. But the president and New York congressman Jamal Bowman this week are calling for more from Republicans. After the covenant school massacre in Nashville. Nonsense. Trouble after lives of children, American children are being killed. Congress appears deadlocked on further action. House speaker Kevin McCarthy Thursday. Focused on the shooters, mental health. We got to deal with mental illness. We've got to see what's driving individuals to thank you would go to innocent children. Republican Senate leaders say they will not support an assault weapons ban that President Biden is seeking. I'm Jackie Quinn
AP News Radio
52 years after capture, orca Lolita may return to Pacific
"An unlikely coalition has a plan to return Lolita, also known as toki and orca that has lived in captivity at Miami seaquarium for more than 50 years to her home waters in the Pacific Northwest. It could take 6 to 9 months or even longer to move the 57 year old 5000 pound orca closer to where it's believed her mother still swims. The aquarium CEO Eduardo albor says his daughter told him Lolita needs to move. I feel so bad. I have to go around with cry. The honor of the Indianapolis Colts, Jim irsay, says this is very close to his heart. I know Lolita wants to get to free waters. I don't care what anyone says, she wants she's lived this long to have this opportunity. Charles vinick with Friends of toki says moving toki Lolita is worth the $20 million price. That's all that matters. I'm Ed Donahue
CoinDesk Podcast Network
Bitcoin Briefly Tops $28,000 for the First Time in 9 Months
"Wendy, can you start us off with some Bitcoin talk? Yes, we actually closed above $25,200 support and flipped it into resistance. And I'm excited. And the current crypto cap, including Bitcoin, is currently at about $1.13 trillion. So yay. And of course, open interest in Bitcoin futures hits yearly high of $12 billion, which makes sense because we have some positive price action. So the dollar value locked in the number of open Bitcoin future contracts is on the rise. Coin glass data shows a nominal value of open interest has reached a yearly high of 12 billion. And that's a 7% gain this month, which again makes sense. Positive price action. Increase in open interest means new money is flowing into the market, but doesn't reveal whether traders are positioning for gains or losses. For that, you can actually check there's a liquidation website you can check, forget what the name of it is offhand, but it'll show you who is getting wrecked. But anyway, for Bitcoin, new money seems to be getting in on gains considering the funding rate or the cost of holding bullish long, very short positions is flipped into green after spending most of the early parts of the Asia trading day in the red. And positive funding rates usually indicate a bullish trend as long as positions compensate short positions. I know that is a mouthful, but I'm excited about Bitcoin prices. Everybody else excited is Bitcoin going to a $1 million. What's going on? Will I see you smiling here? I just love the trade action here this morning. And Bitcoin might go to a $1 million one day. We'll talk about that later. There are some interesting notes for this morning, so Bitcoin is at its highest level in the last 9 months. The highest trading volume since FTX collapsed and the highest D.C. eth ratio since July of 2022.
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"Statement that did not specify the nature of the issue. Beyond meat shares surging in late trading, they're up 12% right now beyond meat reported fourth quarter sales that exceeded expectations. The plant based meat maker also showed progress towards its goal of becoming profitable again after ours, the stock up by 12%. Bath and body works announced full year profit guidance below analyst expectations, despite a better than expected fourth quarter, and with more on that story, here's Bloomberg's Denise Pellegrini. Charlie, this all comes just a day after news of a looming proxy fight with Daniel Loeb's third point. The fragrance and self seller expects adjusted earnings per share of two and a half dollars to three bucks a share at his below the $3 71 cents a share Bloomberg consensus and fourth quarter adjusted EPS and sales did beat expectations so and the company also announcing it is hired advisers to help with a margin expansion and expense reduction strategy. The goal $200 million in cost savings through 2024, Charlie. That's Denise Pellegrini reporting. Shares of bath and body works today, but did advance up by 4%. Wayfair shares plunged the most in 9 months after the company reported a worse than expected loss Wayfair down 23%. Those are our top companies stories and this is Bloomberg. This is Bloomberg sound on with Joe Matthew on Bloomberg radio. The four person of the special grand jury investigating Donald Trump's efforts to overturn the 2020 election in Georgia, right? Fulton county. Is giving prosecutors
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"Police are looking for a man in connection to a deadly shooting late Thursday night in The Bronx. Paul de Castro reports. Police say 42 year old Jeffrey Pierre was arguing with another man outside a bar on White Plains road in the Wakefield section just before midnight, Pierre was shot in the torso multiple times and was rushed to a nearby hospital, but doctors couldn't save him, according to cops, the suspect was wearing gray sweatpants and drove off in a silver Jeep, no arrests have been made. Paul de Castro, New York. A key measure of inflation shows prices may have peaked. The personal consumption expenditures price index rose 5 and a half percent in November from one year ago. That's down from October's rate of 6.1%. It's the lowest PCE reading since October of last year. The report also showed consumer spending continued to rise last month, but at a slower rate than October. The Virginia cop who catfished a 15 year old California girl used a family member as a reference when applying for a job as a sheriff's deputy. Julie Ryan reports. According to the times, Austin Lee Edwards uses dad and a close friend as character references when he applied for a job with the Washington county sheriff's office in Virginia. He worked there for 9 days before traveling to riverside California to the home of the teenager he baited online and killed her mom and grandparents before killing himself, prior to that, Edwards worked for the Virginia state police for 9 months, a Virginia state police spokesperson said nothing of concern was found during the hiring process and blamed human error for things missed during his background check. I'm Julie Ryan. The mega millions jackpot is now past the half $1 billion mark. Lottery officials say no one picked all 6 numbers and last night's drawing. That means Tuesday's jackpot in the multi state lottery game will be worth $565 million. I'm Trey Thomas. And I'm Susanna Palmer in the Bloomberg newsroom. The largest U.S. grid operator is a leaning on more than 65 million people to conserve electricity to keep the
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"Brian? Up a half a percent for the ASX 200 slow start there, so we see how that develops. It looks like it's going to be a monster day in Asia. After a very strong rally on Wall Street, where the S&P 500 finished up 2.6% 92 points, 36 78 and just interestingly back up above the June lows of 36 66. The Dow up 2.7%, the NASDAQ up 2.3%. But the first 9 months were pretty rough on Wall Street. It was the worst performance during those first three quarters in a year since 1931. So you had people back in buying. A lot of that was due to oversold conditions. We had 97% of shares in the S&P 500 in the green today. The factors at play, those oversold conditions, along with extreme pessimism and low fund positioning, a very aggressive Federal Reserve. But today we had some bad news in economic data. So on that kind of thinking, bad news is good news. The ISM's factory gauge suggested the economy could be faltering, and that with falling inflation inputs, everything from shipping costs lower rents down and even selling prices of homes moving down month on month. It sort of puts the fed maybe into a possibly less aggressive position. So people went in and bought stocks. But that said, the fed bank of New York president John Williams came out with some tough comments and we'll get you those in just a moment. Matt maley represented the views of many at mail Miller tayback saying that they still see lower lows before the ultimate bottom is reached in this bear market. Let's take a look at some of the numbers for Asia. We see Hangzhou index futures up one and a half percent, even though we won't trade today. It's one of the two tomb sweeping holidays today. And no trading in China, it's the whole week off for the golden week holiday. And looking at S&P E minis moving up now about a tenth of a percent. The dollar was down, yields were down, yield on the ten year, 3.63%. Paul. Well, the fed should consider stopping its tightening campaign in November. This is the view from market veteran who coined terms like fed model and Bond vigilante. Spoke earlier with Bloomberg. I'm totally stumped mystified surprise that fed officials don't seem to acknowledge that just focusing on the fed funds rate as part of the monetary tightening cycle is a mistake when you also have QT two and you have a soaring dollar. These are very restrictive monetary developments. I think they got one more rate high coming in November and that'll be it because the financial stability issue will pop up as primary concern. Recent market turmoil reflected concerns that an aggressive fed would thrust the economy into a serious recession. He added that a hard landing isn't currently in his economic forecast and sees a growth recession continuing through year end. Brian. There will be those in jardin's audience that would not be receptive to those comments. New York fed president John Williams said the fed has yet to hike rates to levels that are restricting economic growth and that tightening still has a significant ways to go. Atlanta fed chief Raphael bostic added that a fundamental shift in global sourcing strategies creates more pressure. Elevated inflation today is the most pressing issue facing monetary policy makers. And by creating long-term upward price pressure then, secular shifts in supply chain management could present additional challenges for monetary policy makers during a period of already elevated inflation. In the meantime, Richmond fed president Thomas barkin said that a post pandemic economy could potentially lead to more inflationary headwinds. Edwin's that would require tighter monetary policy. He noted that geopolitical risk has changed energy availability and demographic trends are less favorable now. Barkan said that firms may prioritize resilience over efficiency going forward. 5 minutes past the honor now time for a check of global
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"Largest team of search and rescue experts in recent history. Because so many of the rescuers need to take place now need to be there in place now in the water now. In the United States coast guard has been deployed as well. 6 fixed wing aircraft 18 rescue boats and crews, 16 rescue helicopters, which were in the air all day yesterday and are added again today. Working with the Defense Department, the National Guard, state and local first responders, they've rescued a 117 people on Southwest Florida coast in Fort Myers in Naples so far. Just this morning, I spoke personally with the lieutenant commander of the coast guard, Christopher hooper, who was leading the search and rescue operation there. He emphasized, this is one fight. Everyone working together, coast guard, Defense Department, customs and border patrol, Florida fish and wildlife, local officials. They're doing everything they can to rescue people. He said, mister president, we will not rest at night until we know they're safe and sound. He talked about how they rescued a 94 year old woman. Who had the courage to be hoisted up onto a helicopter. The wind blowing, and as well as a one month old baby. Not the same time, but a one month old baby as well. And so much in between. He also spoke to aviation survival to Iowa houses, both JVs and survival second class technician. Second class, Zach lesh. Who described how difficult the decision is for people to leave everything and come to safety. I told him how proud of him I was. And thanked him for all the work he and his coasties are doing to save lives. I'm grateful for the brave women and men federal state and local folks working so hard. They're all working as one team. Here that from the governor as well as from the federal folks, in the past 24 hours, my administration has approved four more counties in Florida for individual disaster assistance. In addition to the 9 counties, we had announced yesterday. And what that means is the federal government will cover as covering every cost. 100% of the cost to clear the massive debris left in the wake of the hurricane and these counties. And all needs to be cleared out for communities to begin the hard work of trying to get back on their feet. That declaration also means that we will cover all the extra cost for emergency personnel who are saving lives and providing for public safety. Because phone lines and Internet might go out, fema is registering people directly directly to be able to get help. They're setting up disaster recovery centers and shelters all across the state. So we can get survivors registered for the help they need as quickly as they can possibly get it. And if you can't get to a center, we're sending out mobile teams in the communities to meet people where they are. Getting the power back on is also critical. I want to recognize and this is, I think, impressive. 44,000 utility workers and restoration personnel from 33 states in the District of Columbia were working around the clock to help get power back on
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"First, hurricane Ian is due for a second landfall today north of Charleston, South Carolina, President Biden has declared an emergency for the entire state, South Carolina governor Henry McMaster is urging residents to get ready. Call your family, call your loved ones, tell them where you're going to be. Let them know that. So they won't be worrying about you. Meantime, the cleanup and recovery in Florida is just getting started, governor Ron DeSantis says first responders have performed more than 700 rescues. There's not been in these rescue efforts deceased people found as of yet. Now that may change, of course. In governor desantis says the power outages in Southwest Florida could be lengthy. Last of the markets, Nathan, U.S. futures are higher as we close out the trading week yesterday the S&P 500 closed at a 22 month low, Joanne feeny is a portfolio manager at advisers capital management. You have to look back at history and recognize that the market sells off the most tend to tend to do that before recessions begin. And they tend to recover before we even know officially that we've had a recession. And so for a long enough term investor, I mean a year or two years three years, there are some pretty good opportunities out there, but one has to be able to stomach the volatility, which doesn't look like it's going to go away any time soon. Joanne, Feeney, with advisers capital management says $1.3 trillion has been wiped off the value of the S&P 500 this quarter. Shares of Nike are down more than 9% in early trading care in the sportswear company reported inventory has surged and it's had to push through discounts that hurt profitability, higher freight costs, smart downs and foreign exchange effects hit Nike's gross margin in the latest quarter. And micron slashing production because of a steep plunge in demand, Nathan, the biggest U.S. chipmaker is forecasting quarterly sales that are almost $2 billion below estimates. But the stock is higher this morning on news that Japan will subsidize microns push to produce its new advanced chips in Hiroshima. And that's the 5 things you need to know to start your day, brought to you by interactive brokers. Futures this morning are higher S&P futures up 30 points down futures up 201. NASDAQ futures up 87, the Dax in Germany is up three quarters of a percent. Ten year treasury of 24 30 seconds, the yield 3.68%, yield on the two year 4.14%, and straight ahead your latest local headlines, plus a check of sports and this is Bloomberg. All right, thank you, Karen. It is 5 33 on Wall Street where it 53° in Central Park. We got an accident on the outbound lower level of the George Washington bridge will tell you about it in traffic first Michael Barr with what else is going on in New York and
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"This is Bloomberg daybreak Asia for this Friday, September 30th in Hong Kong, Thursday, September 29th in New York, and coming up this hour. U.S. stocks plunge after more hawkish talk from Federal Reserve officials. Nike shares fall as profitability concerns outweigh U.S. demand. Back to saying it's going to freeze hiring and warning employees of restructuring ahead. Hurricane Ian barrels toward Georgia and the Carolinas, Russia about to annex parts of Ukraine and concern about U.S. diplomats in China during COVID. I'm to these Pellegrini with global news. A top U.S. men's soccer player is battling injuries yet again. I'm Dan Schwartzman. 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 XM one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. Good Friday morning from Hong Kong. I'm Brian Curtis. And I'm Rashad salami. Bloomberg daybreak Asia presented by IBKR investment advisers switched to interactive brokers for Lewis cost global trading in turnkey, custody solutions, no ticket charges and no conflicts of your interests to IBKR dot com slash RIA. Thank you Brian, what a day for stocks. Yeah, and it looks like a down day for Asia, mostly lower here at this moment earlier U.S. stocks saris tumbled to their lowest now since November of 2020. More fed officials struck a hawkish tone and turmoil in Europe weighed on markets as well. We'll have details on the fed speak in just a moment. The S&P 500 down 2.1% the NASDAQ falling 2.8%, hit hard by Apple, the iPhone maker saw a key downgrade and Bloomberg reported a top executive was leaving the company after some crude remarks were made in a TikTok video. We'll get to that a little bit later as well. Stress emerging in the interest rate swaps market and leverage buyout deal was shelved today. U.S. treasuries paired early losses the ten year yield is suffering now about 3.78%, the two year at 4.19%. So we had to bouncing yields after the respite yesterday. And the earnings not good. Nike sliding 10% in after hours trading, even after a beat, gross margins missing, and we'll also have details on that in a moment. Also a week forecast by micron. And that stock was down as well in after hours seeing it at the moment. Down about 1.6%. Briefly, dalyan won 44 45 and WTI has picked up a half a percent 81 66 a barrel rish. All right, well, let's get to the latest coming out of the fed with the officials reinforcing the hawkish tone that they've been really at the moment. I suppose it expounding upon in recent days. They're saying that they're going to be keeping hiking rates to cool high prices. Here is very president Jim bullard. If you look at the dots, it does look like the committee is expecting a fair amount of additional moves this year. I think that that was digested by markets and does seem to be the right interpretation. The volatility in financial markets reflected spillovers from recent events in the UK and that this will not cause the fed to pause its tightening campaign. Meantime Cleveland fed chief Loretta mester struck a similar turn saying rates are still not even in restricted territory, adding that the U.S. recession would not stop the fed from raising rates. And also Nike reporting profitability that was less than last year, a slight beat for this latest session, but Nike cited higher freight costs as well as markdowns in foreign exchange effects. The results came despite total revenue at 12.7 billion a beat of the estimate of 12.3 billion. Bloomberg's put him goyle tells us the results were just okay for Nike. The revenue feedback came and was entirely driven by promotions in North America. So they discounting to sell and that's something we don't want to see at the inventory they're up about 45% year over year, 15% quarter over quarter. That's too high. Nike sales down 16% in the Greater China region where the Chinese government's COVID zero problem is silicon concerned. And again, Nike shares are trading down 10.3% in after hours. All right, let's have a look at micro on the biggest U.S. memory ship manufacturer giving a weak forecast for the current quarter same sales would be about $4.3 billion. And this estimates were around about 6 billion demand being hurt by inflation and recession fears as well as the return to the office. Bloomberg's puller Panko telling us the stamp in the chip industry may be deepening. So you're seeing it in computers and PCs, the chips going into that, you're seeing it in iPhone cell phones and you're seeing it probably in the server business as well now. Micro shares actually dropping more than 4% in the extended session following that report. All right, the time is 5 and a half minutes past the hour. It's time for global news. The security concerns over U.S. diplomats in China and also the storm Ian has regained hurricane strength and is threatening to strike again. Let's get to Denise Pellegrini in the newsroom Denise. Thank you, Brian. Ian heading toward Georgia and the Carolinas now is a cat one hurricane leaving massive damage in Florida behind it, rescue choppers, while their scrambling around Fort Myers ahead of nightfall, U.S. coast guard admiral Linda fagan. We're able to hoist people from harm's way and remove them from dangerous situations to safety. That is our primary focus right now at this point in time. More than two and a half million without power in Florida at fema headquarters President Biden says federal government will help. My message to the people of Florida and the country is at times like this, America comes together. We're going to pull together as one team as one America. AccuWeather is forecasting a $100 billion in damage from Ian. Senators Lindsey Graham of South Carolina and Richard blumenthal of Connecticut unveiling legislation that would refuse to recognize any Russian annexation of Ukraine. Here's grandma. Any nation who recognizes this is illegal annexation by Putin of parts of Ukraine will lose all assistance military and economic from the United States and will become marginalized throughout the world. And Graham speaking as Vladimir Putin vows to annex parts of Ukraine, Russia controls tomorrow. Meantime, some Republicans suggesting China may have used COVID lockdowns to pressure U.S. diplomats to reveal intelligence secrets. Bloomberg reporter Daniel flatley. Intelligence or other sensitive information may have been devolved as a result of some of the conditions in the quarantine. The U.S. embassy says China held 16 diplomats and family members involuntarily and representatives James comer and Michael McCall are asking Secretary of State Antony Blinken to investigate global news 24 hours a day on aired on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm Denise Pellegrini, this is Bloomberg, right? All right, thanks very much, Denise 7 and a half minutes past the hour Lewis Lau is our guest for this half hour director of the investments group at brandis investment partners. So a lot of a downward push today. We had strong commentary again from fed officials and the earnings not looking so good. It's pretty tough to be positive here, Louis. How are you thinking through it? Yeah, I think the markets are in for a difficult time in the next 6 months. I think the fed is going up against the strength of the U.S. labor market and the strength of the U.S. consumer. And at some point, one of these things is going to crack and so until we see a pause in the fed, I think it's difficult to be constructive except maybe for defensive sectors like healthcare. It's quite something that is when you had Loretta messed up just talking in saying that she would carry on increasing the cost of borrowing, hiking rates, even if the U.S. economy was in a recession. The thing is, how much pain are they really willing to tolerate? You know, I think you might see the unemployment rate go up from 3% to maybe at around 5, which is a pretty big increase in a short amount of time. I mean, you've seen mortgage rates go to 6 to 7%, which is something that has rarely been seen. And so I think unfortunately, a lot of the global central banks are leaning on the inflation fight and less on supporting the economy because they think they have room. But until we get to that point of weakness, I don't think the central banks are going to blink. But again, it just depends on how fast we get to that point of weakness. What do you make of Jim bullard's comments about, quote, the markets getting the message? Is the fed openly targeting markets? You know, there's been a pretty big adjustment in expectations in the last one or two weeks. About how long inflation is going to be. I think right now expectations are inflation might not slow down until 2024. The previous expectation is 2023 and the markets were expecting sometime in 23 that the fed might start
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"Moved to make this a major election issue China has denounced the WHO director general for his criticism of China's COVID zero policy calls for him to make more reasonable views and refrain from making irresponsible comments U.S. defense secretary Lloyd Austin says today that Russian president Vladimir Putin does not want to escalate the war into a conflict with NATO and U.S. House lawmakers then approving a new $40 billion aid package California's carbon market is supposed to be a model for the U.S. but nearly ten years after the cap and trade began has major critics on both sides of the issue and they say it has not done much in San Francisco Ahmed Baxter This is Bloomberg art Rashad All right let's get back to our guests I've seen your investment strategist at the Edward Jones Okay with what we've been talking about with the fed and looking also at these elevated commodity prices though they have ratcheted down slightly how does it alter the way that you look at markets and how do you actually at the moment navigate all this Yeah great point And look we've done some analysis that shows over time historically when inflation does peak like this or get to a high headline inflation Let's say over the last since 1945 when it is over 5% it takes about two two and a half years for inflation to go from peak to trough During that time yields do tend to peak and we do start to see ten year yields come down by a hundred basis points or so So really what we're looking at is this backdrop of potentially moderating growth whether or not we hit a recession Yet to be seen depends on how aggressive the fed needs to be But really we do expect inflation to come down but it will take some time before we probably get back to that two to 3% headline inflation rate that we were used to over the last ten years In this backdrop we would say the defensive positioning we were talking about earlier continues to make sense in the near term For us it feels like if you cash right now does have a slightly negative yield if you have money to invest you should probably think about areas of the market that are defensively oriented and equities that would probably be some of those recession proof slash ability to pass on pricing sectors like healthcare like consumer Staples to some extent Even utilities you're going to have to pay utility bills You're going to have to get your healthcare You're going to need Staples at some point And again the bond market is interesting here as well And we think the risk reward has gotten much more attractive especially in the investment grade space And what part of the curve Mona What part of the curve the belly Probably belly but even starting to look at the longer end if we do see that rollover in inflation that we would expect over the next few months We'd need to see that play out in a more meaningful way That will give us some stability probably a peak in yields and then a move downward But adding a bit of duration over the next one to two quarters could be an opportunity I think generally speaking we still see rates kind of remaining grinding higher They tend not to peak until the fed stops raising rates that you usually get a quarter peak quarter ahead of the fed stopping raising rates So you could get a move to three three and a half percent on the ten year but after that perhaps you see some stabilization So clearly what's interesting is there's been a meaningful adjustment to ten year yields doubled this year and four months Do we see that case annualizing probably not And that's where we get a little bit more stability or at least less downward pressure on bonds Do you wait for valuations on equity markets to fall further Because even now by historic standards the S&P 500 is essentially trading at an average rate really an average valuations if you take a longer term view And if so what do you then look at or do you actually perhaps get in now and get there for the medium to long term Yeah You make a good point in evaluations we have come down substantially So the valuation compression has been there We started the year closer to 21 times on the S&P on forward earnings for close to 16 times So it's about a 25% compression And usually when the fed starts raising rates you get actually you only get about a 20% on average compression So we've moved beyond the average But historically when yields are around 3% we're closer to 14 to 15 times on the S&P which implies potentially another 6 to 12% downside So we may not get there and markets can overshoot in either direction but certainly we're not at the troughs in terms of valuation But generally again if we start to see what really what we think about is what would make the market stabilize and even move higher meaningfully And it's really the inflation picture that comes first and foremost for us We have to see a more meaningful downward movement in inflation over the next few months for the market to start to work for a lot of for a lot of investors But broadly I.
Bloomberg Radio New York
"9 months" Discussed on Bloomberg Radio New York
"There are deaths from the storms and at least 5 states Brittany Thomas is a mom of two and 9 months pregnant her husband was at work when the tornado came It felt like it lasted an eternity But it really was probably like 5 minutes You know but I mean you could hear stuff smashing into the house and we could hear the windows break in All from the basement President Biden has approved an emergency declaration for Kentucky mobilizing federal assistance efforts for 15 counties Starting today on businesses in New York will have to require masks indoors if they don't have a COVID-19 vaccine requirement Governor Kathy hokus says the order will protect the health of New Yorkers and protect the health of the economy Doctor Ian Las Vegas is a clinical Professor of medicine at NYU langone Mask mandates can make sense in some circumstances Part of the problem is what kind of masks and how they're warned and enforcement and how effective were they really when you already have infection throughout the community Already some Republican led counties in the states say they will not enforce the mandate Turning to geopolitics G 7 nations are warning Russia about its buildup of troops near the border with Ukraine G 7 foreign ministers say they're united in condemnation of Russia's military buildup and aggressive rhetoric And California is looking to use this week's Supreme Court decision on abortion to restrict guns in the state Governor Gavin Newsom wants a new law to effectively ban the manufacture and sale of assault rifles that proposed law would be shaped on the Texas legislation that makes abortion illegal after 6 weeks of pregnancy and found his private citizens to sue anyone who helps facilitate an abortion The California law would allow private citizens to zoom manufacturers distributors and sellers of assault weapons Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries I'm John Tucker and this is Bloomberg Nathan All right John thanks.
WBAP 820AM
"9 months" Discussed on WBAP 820AM
"It looks like our weather is going to be pretty steady. I guess not much change day to day. Over the next several days, we did have some big thunderstorms hit Lancaster in southeast Dallas County and then also it's Stockyards area just north of downtown Fort Worth. Yesterday did a little low wind damage. Today. Less likely. Mostly sunny, breezy, hot and humid, high of 95 south winds. 5 to 15 low Tonight 76 High Tomorrow 94. I will say 94 again Thursday and then we'll take that up. 95 Friday 96 Saturday 97 Sunday a better chance of afternoon storms. We think as we get closer to weekend, right now, at W b a P. 75 degrees Air Con has sent a letter to Governor Greg Abbott detailing the strategies to increase power generation capacity and ensure reliability of the state's power grid. There are four bullet points haircut lays out the first to include increasing the amount of electric power generated in purchasing more power reserves. The other two are releasing power reserves to meet customer demand. And being able to obtain additional power reserves during uncertain weather forecast. No timetable yet when these will get done, Chad Dixon W B A P. NEWS There's some good news related to the search for to North Texas kids just before 3 30. This morning, Dallas police announced that a young girl in an if it were found safe after vanishing Monday from a home on Spring Valley Road. Police provided no further details surrounding the disappearance of 10 year old on a raised Dominguez, a nine month old be on arrays Dominguez or where they were found, and intense heat wave continues to batter the West Coast correspondent Christina Coleman reports. Forecasters say there won't be a real break until midweek. More than 18 million people were under heat alerts on Monday as the region experiences its third heat waves since the beginning of June. Meteorologists attribute the rise in temperature to a dome of high pressure that's impacting people from Oregon down through California that moment when you open the oven and that gust of heat Hits you in the face. That is exactly what it feels like. Oh, it drains you, I I stay in the water. Most of the time, The record breaking temperatures are fueling wildfires across the western Oregon..
AM 1590 WCGO
"9 months" Discussed on AM 1590 WCGO
"Do if we're in default of in trouble. We know we don't have to let her home go to foreclosure and truly ruin our credit. There's options for us as consumers. Save our home or to re negotiate. Do a loan modification is a lot of options we now know about. So that's what we don't feel like. This is gonna be another 2009 10 11. We also know that interest rates they're not going to stay this low. But then you've also got the forces of If they go up, it's gonna affect your affordability. Ineffective affordability dramatically and it's also gonna affect the number of buyers entering the market. So if you're thinking of by now is probably the best time over the next 6 to 9 months because we see that interest rates. Artificially low and at some point they're going to go out, particularly as we continue to see the virus vaccine and roll of rollout. Everybody getting that and then if that happens, we think that there's going to be more movement and improvement in the economy, which will push those interest rates back up. We also know that as Homebuyers stop entering the market. If interest rates go up, there's a slowdown in the number of buyers coming back in the market that's going to slow down interest in You're home. So if you're selling, this will be probably the time to stop. We know it's smarter to act based on what you know and not what you're hoping for. But I also know from talking to a lot of consumers and real estate agent that I coach that the other question right now is inventory. Interest rate. That's question number one. You know, they're not gonna stay this low forever. Inventory is low, and that was a surprise to a lot of us this past year. We know inventories low. We recognize that we're in multiple been situations were having a tough time for some of our buyers finding them the right property, which again that's great for sellers is not great for a virus. Lot of my buyers are after Nick, can you find me off market property, and I want to be very clear about what we can and can't do. There's no such thing any more as they used to call the tapes when people make an asset managers, estimation companies work. Selling properties invoke and real estate. They were going into foreclosure, and then you could buy them off market. What now is the standard procedure for almost every bank that we've researched? Every short sale that we've looked into is that the bank He asked. The managers want them on the open market. They want them on the Emma left and why they want them on the MLS. That goes out to all the website. Then you're going to see them everywhere. That means that the bank was going to get the best possible price. And so they want to get it off the books for as much as they can, because that's a lost to them. So that the days of you being able to kind of sneak in under the radar and get a property before the well thought that's not gonna happen, But you're actually guilty agent can do this for you. They can go out and target property owners in the neighborhood that you want to buy it and they've got some great tools. And except for that, we've got some tools right on the exit. Add center, some separating our CRM to get in touch with these people whether the people are in distress. Maybe. Unfortunately, they're experiencing divorce or health issue or they're just a general cellar that hasn't put their property on the market. Yet. We as except rogue agents want to get a hold of those people say, Hey, there are buyers looking in your neighborhood. We've got to communicate your needs to your exit realty agent and the actual room. James has got to communicate that needs their database. Social media. Even I'm talking on social media about what I need right now, any sellers that are default. Ought to probate, a state attorney's Anybody even get a hold up to say, I've got a need. Who do you.
SpaceTime with Stuart Gary
"9 months" Discussed on SpaceTime with Stuart Gary
"And tom had to take another look at some of the other stories making us inside this week with the science report. And you study assuring that people who survived being hospitalized with covid nineteen still showed symptoms. Some four months later the study of two hundred and thirty eight patients found that fifty. Three percent still had some sort of functional impairment. After four months the findings reported in the journal of the medical association show that many patients experienced respiratory and payments reduced ability to exercise all around one in six had post traumatic stress symptoms. Some two point four million people have now died from covid. Nineteen with another one hundred and eight million people having been infected since the virus first emerged from its wuhan and china recipe center in november twenty nineteen well and you study is confirmed that the more packets of cigarettes you smoke over a lifetime. The higher risk of being hospitalized or dying from curve nineteen previous studies linking smoking to covid nineteen risk of being limited often contradictory but the new findings reported in the journal of the american medical association. Show that the greater exposure to cigarette smoke was an independent risk factor for hospital admission death from covid nineteen scientists with the national university of set. A new world record for sola sufficiency. The research is devoted. Perot skied solo at cell that can achieve twenty one point six percents efficiency in converting sunlight into electricity and that's a new record for solo lodge one square centimeter in size. A report in the journal. Science claims team used a special group of materials which were both inexpensive and easy to manufacture scientists. Discover three new species of sponges. In the deep waters of the great australian bight a report in the journal journals tactic claims. The sponges were found in three kilometers of water than you species described by scientists from the queensland museum are the first recorded can ever species from south australia and they boost the overall number of sponge species found in australia. Twenty five. Well like most kids growing up in australia. I lived to go skateboarding and surfing after school and on weekends so normally when i think of the beach being dead it means the set. Sound breaking the way they should not at the beach is haunted but apparently a group with clearly way too much time on their hands has come up with a list of what they claim are. Australia's most haunted pages. Tim in them from australian skeptics has the story but interestingly one of the beta that is referred to it was right knee where i used to leave and i used to visit it. 'cause at the time it was proud of the quarantine station that north hayden tipping that. We're supposed to off limits. But if he walked around the rocks you could get to the beach and beaten not nothing because he equally but of course. It's the buildings that are in the quarantine station that are supposed to be haunted. And i visited then i walked to. And he's someone. I walked away for walking out the guys and i think i'm not exactly the smallest person to be transferred. This is a whole range of beaches. And if you listeners. What want to nine days beaches in new south wales and western australia and have bodies floating body parts and moulds screamers and all this sort of stuff and screaming and the usual thing but for the recode brought in beijing. Strata near adelaide. It's also bunk. Obey in miami beach the whole mainly base. This is not the current station. This is all of mainly that's right. We didn't think it's summertime. It's pretty busy outside of toronto virus restrictions. But i think people would have recognized the guys still see that more often than not and the and the quarantine station is actually what they're referring to try lodge minimum wage in new south wales. And that's that's the the last holder beach in quarantine sanctions at least has buildings on beaches. You think has the coolest so in the pop right next to it. Have bodies lying on the beach after midnight anyway. The spirits are alcoholic not good across from the public debate to minimum from australian skeptics. And that's the show for now. Space-time is available every monday wednesday and friday through apple. Podcast choose stitcher. Google podcasts alka casts spotify aac cast amazon music bites dot com soundcloud. Youtube your favorite podcast. Download provider and from space-time with stuart gary dot com space times also broadcast through the national science foundation on science own radio and both iheart radio and tune in radio. And you can help to support our show by visiting the space time store for a range of promotional merchandising goodies all by becoming a space time patron which gives you access to triple episode commercial free versions of the show as well as lots of burners already content which doesn't go to way access to exclusive facebook group and other awards. Just go to space time with stewart. Gary dot com for full details. And if you want more space time please check out our blog. You'll find all the stuff we couldn't fit in the show as well as heaps of images new stories loads videos and things on the web. I find interesting museum. Just go to space time with stewart. Gary dot com dot com. That's all one word. And that's tumbler. Without the aid. You can also follow us. Throw asked you at gary on twitter at space time with stewart gary on instagram through a space time youtube channel on facebook just go to facebook dot com forward slash. Space time with stewart. Gary and space-time is brought to you in collaboration with australian sky and telescope magazine your window on the universe. You've been listening to space. Time with stewart gary. This has been another quality. Podcast production from dot com..