21 Burst results for "Berenberg"
"berenberg" Discussed on Bloomberg Radio New York
"Edwards Callum Pickering Berenberg senior economist joins us for an economy that is one and a half percent of global GDP It is having a heck of an impact Outside of that And that is because of the large role that Russia plays in commodity markets of course So what are your thoughts on European economies and their exposure then to these higher commodity prices Well you're imports about 40% of its oil for our gas from Russia It's heavily dependent on Russian gas you're right it's a small economy that has an outsized role to play Europe fundamentals are pretty good Households are in good shape businesses are in good shape the banking sector is not in bad shape and we headed into this crisis with pretty good momentum So what you're probably going to see is for quarter two maybe quarter three very very poor performance in real terms Maybe flat for a while with big upside to prices for inflation But this shock probably will pass We'll probably go through a peek in these commodity prices Once things start to ease up and come down European fundamentals should reassert themselves And so by Q four Q one next year things should look in much better again Across European banks on average they're not very exposed to Russia So this is not going to be a financial event It's not a credit event So from an economics point of view we just consider what the economic shock will be how long will it last to make sure that central banks are on top of the financial risks Here more conversations like this one on Bloomberg television streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings Big things are happening on Bloomberg in March First Bloomberg triple take breaking down the day's biggest story Jay's triple take focused on the energy transition Then the return of Bloomberg ETF IQ The last major holdouts of the ETF revolution And the debut of Bloomberg crypto The CEO of binance weighed in Finally David Rubenstein brings you insights and advice from the world's greatest investors on a new season of Bloomberg wealth all this march right here on Bloomberg With regard to a potential oil embargo embargo on the importation of Russian oil This is something as I mentioned that we have been discussing within the administration the president discussed this as well yesterday when he had a call with the French president British prime minister and the German Chancellor and something were very much actively looking at It is something that actively looking.
"berenberg" Discussed on Bloomberg Radio New York
"Options that we can do that will allow us to meet the president's objective which is maximizing the costs in Russia and reducing the costs in the United States and on Europe Our goal is to make sure that the energy market remains well supplied because that's important to the American people But by making sure that energy prices stay low it stars president Putin of the resources he needs to continue to fight the war in Ukraine and also to destabilize the region Mister secretary how important is it to then get more production domestically to encourage the domestic oil and shale producers to actually increase output to create a buffer to give you more tools What I can say is that the most important thing for me to do is make sure that the market today as well supplied And we're doing that in the United States but we're also doing that with our allies and partners Mister secretary thank you for me Let's go back to the question Are you reaching out to domestic suppliers of crude in America Have you spoken to them Devon Energy said to us this week the CEO was mystified that you hadn't reached out to boost production at home Have you done that Have you spoken to domestic suppliers So as you know well the domestic supply of crude right now is at a peak and that it will take time for more supply to come online We're focused on making sure that the energy markets are well supplied today because we want to make sure costs are reduced for American people today and we're depriving president Putin of the resources he needs to fight the war today Over time we need to do more to make sure that the energy market is well supply and we're also focused on that as well You separate a patron at 11.6 million barrels of oil a day back at the start of 2020 north of 13 just looking at that off the Bloomberg terminal What do you mean were the peak My point is that at the moment we are producing a great deal of energy in this country It'll take time for additional energy to come online But what we want to make sure is that as it takes as that energy comes online we're well supplied today because we want to make sure that Americans who are going to the pump today are paying the lowest possible cost So that was the U.S. deputy Secretary of the Treasury speaking to Bloomberg on Friday around the Biden administration and this discussion around a possible ban and Russian all imports into the U.S. Okay we have a couple of interesting news lines They're crossing the terminal So credit agriculture says that their total Russia exposure is about €4.9 billion Ukraine Russia exposure totals .6% of commercial lending So that from Kelly agriculture as we continue to watch the European banks and how big the hit may be from the war in Ukraine Meanwhile these interesting comments formed the Chinese foreign minister Wang Yi who speaking at the briefing in Beijing the regular Chinese briefing that happens around habas 7 London time every morning Quite tough in terms of the U.S. apparently the U.S. wants an indo Pacific version of NATO that is Wang Yi's assessment The U.S. is moving into the indo Pacific and it will disturb regional peace China's Europe policy though is stable and resilient so Wang hopes that Europe develops more independent perception of China So those lines form China this morning from Wang Yi Coming up next on Bloomberg daybreak Europe I'm going to talk more broadly about what happens here in Europe as the Ukraine war enters its 12th day Callum Pickering senior economist at Berenberg is with me This is Bloomberg Markets headlines and breaking news 24 hours a day Dot com the Bloomberg business app Quick take This is a Bloomberg business flash Farm plant based European headquarters here in London I'm Caroline Hepburn with this Bloomberg radio business flash so oil prices shoot up this morning on this discussion around the U.S. mulling Russian energy ban So Brent crude currently a 128 79 up by 9% but it shot up 18% on that discussion according to sources about the U.S. mulling and energy ban Also that ban or cut off means that natural gas imports into Europe have soared too hitting another record high for.
"berenberg" Discussed on Bloomberg Radio New York
"In talks advanced talks on a potential Porsche IPO finally Brent crude advancing toward $100 a barrel now it stands at 98 up 3.6% due to those heightened tensions in Ukraine The Bloomberg radio business slash his Liang garands with the world news morning Leanne Laura good morning and thank you western condemnation is growing after Russia's president Vladimir Putin officially recognized two self proclaimed republics in eastern Ukraine He also ordered troops to go into the regions that follows weeks of warnings from the U.S. and its allies at Russia was planning to invade Ukraine which Moscow has denied The U.S. and UK warned they will impose more sanctions on Russia speaking this morning Boris Johnson said the UK will keep helping Ukraine Now sources say Chinese officials have told Hong Kong they think the city will need to go into a lockdown to contain surging COVID-19 cases Medical experts are warning that the latest coronavirus outbreak could kill more than 3000 people by the middle of May They say daily infections are likely to peak at about 183,000 early next month The outbreak in Hong Kong is already bigger than the original one in Wuhan in China And finally German companies grew more confident in February as the country moved past the worst of its latest COVID-19 outbreak a business expectations gauge compelled by the Munich ifo institute rose 99.2 That's significantly above economists estimates and the highest reading since July Global news 24 hours a day on air and on Bloomberg quicktake Powered by more than 2700 journalists and analysts in more than 120 countries and leann gerrans this is Bloomberg Caroline He's so much lean goings with today's top stories Well German companies as you were saying it seems that they've become a bit more confident in February even though there is still a significant risk of course Ukraine in particular what happens to Nord stream two will they be more pressure for that pipeline not to open I noticed this morning that Berenberg put a note out and they called this arguably the worst global security threat since the Cuban missile crisis of 1962 Leon this is looking really pretty serious and you have a lot of potential now for sanctions We are effectively on sanctions watch form the EU the UK and the U.S. now Caroline you're absolutely right This seems to have reached a different escalation this morning with western condemnation really growing after Russia's president Vladimir Putin officially recognized those two self proclaimed republics in eastern Ukraine and we have seen Boris Johnson He's speaking the morning this morning in saying the UK will keep helping Ukraine And I think a lot of Western countries Caroline are still searching for diplomacy They still want to reach a resolution but now as things do escalate are we going to get that resolution we're looking for Absolutely just a Burrell speaking this morning the EU's foreign policy chief Also the health secretary started javid here Quite quick to describe Russia's recognition of those breakaway territories actually as an invasion that was his word Okay so lots to kind of think about We are also expecting potentially more news on the UK sanctions in the House of Commons later today So they may emerge more quickly in the UK and the U.S. than perhaps in Europe All right so that's the Ukraine threat Let's bring in my guest now who's the president Are the numbers out of German business and look a little bit better in terms of confidence but there is this big risk this significant threat from Ukraine How are companies thinking about that if at all have you started to pick that up in your business confidence surveys Or we haven't picked up the latest escalation but we do pick up what happened in the last three to four weeks And the crisis was already there And companies are of course concerned about what's going on there At the same time there are other issues in particular of course the coronavirus crisis where companies are expecting improvements in the summer At the same time regarding Ukraine relations business relations to Russia have been subdued for some time in particular because of sanctions in introduced after the Crimean crisis so overall the exposure of German companies to Russia is limited Okay so a limited and yet of course there are question marks around Nord stream two and dependency in terms of gas energy on Russia just on the other main issues they're facing German businesses the fastest inflation in decades that clearly is one of the biggest risks That's certainly the risk we see in our survey that a record number of companies is planning to increase its prices They are feeling the energy cost they are feeding the supply bottleneck and passing on that cost to customers and that will fuel inflation We one area where we see this for instance is the food industry It's not just energy the food industry but also other areas of the economy So inflationary pressures will continue how will that affect consumer demand I think here the expectation is still optimistic because consumers have created a lot of savings So the expectation is yes prices will rise but the consumers will be able to deal with that Okay Clemens first thank you so much for being with me the ifo president here on Bloomberg Day break you up Sorry one more question though clem is if you don't mind In terms of then the news around Whatever you're.
"berenberg" Discussed on Bloomberg Radio New York
"Know your heating goes out of your Windows your doors your floors then you're going to have to pay a lot more to heat your home So one of the easiest things you can do is insulate your home expensive to do that a lot of housing stock is old We have Victorian homes in the UK which is why houses are worse here than elsewhere in Europe But there is a push to try to tackle that that would save emissions as well So the less energy we can use even if it's expensive and driven by international gas prices if we're using less of it it costs the flesh So there is an argument to do that But that's not going to happen overnight That's going to take time No absolutely Don't know about your house mind dates from about 1833 So you know it is an issue that we all know about What about then the Bank of England Is there anything that they can do in the FT says that the Bank of England and sunak are working hand in hand is that the case Well this sort of today should make it seem that way that we're getting all of the announcements at once So we have offset first then the government and then the Bank of England So I think it's trying to show that the government is thinking of this in a kind of all encompassing way But really the loans that if they are what's going to be announced will help but it will be very small in terms of what it will do to keep a lid on inflation So I think as you say because the wholesale gas price is such a big part of this increase and there's not that much of the government can do to stop that and in other ways energy prices feed in to inflation not just through bills that that is still driving Economic factors that are beyond the government's control and they have levers they can pull but this cost of living crisis is coming Yeah absolutely Rachel thanks so much for being with me lovely to have you on Bloomberg energy reporter Rachel Morrison although the news are pretty grim 11 a.m. that decision on your energy bill from off jam and then after that probably the government announcement Right coming up next then well we'll talk a bit about the Bank of England shall we And the ECB today with Berenberg.
"berenberg" Discussed on Bloomberg Radio New York
"Chief economist of Berenberg he spoke with Bloomberg's Jonathan Ferrell Matt Miller and Kayleigh lines Let's listen in We do expect four rate hikes from the fed over the course of next year The U.S. economy does have an even more pronounced inflation problem than say the European economy So the fed is behind the curve They should act fast If they act really fast it would be good but at the moment I blame too much is perhaps a bit early What channel will those rate hikes work through holder How well it may be effective What were they achieved Well first of all the rate hikes would send it to your signal That already helps a bit in markets But more importantly rate hikes work the traditional way they would dampen to some extent buoyant demand in the interest sensitive sectors of the U.S. economy For instance in the real estate sector and that would ultimately be good for an economy that does show some signs of well overheating maybe too big a word but judging by the inflation pressures and economy that is running at a higher rate than it should In terms of the rates where we see them now holder I mean why are we looking at less than one 50 as the fed prepares not only to raise rates but to reduce its bond purchases and governments may increase issuance That is indeed one of the big questions in my view There are too many markets who believe that the economy will not sustain strong above trend growth for very long So that the fed after starting to height rates will eventually then have to stop early or even cut rates again in the few years from now I think that U.S. demand would likely for a number of years stay above its trend rate and that hence simply the fed will hike and hike again and rates world stay somewhat elevated and against that backdrop it would make significantly more sense for long-term yields to move up What keeps you as demand high What keeps growth above trend Almost everything That is consumers having a lot of extra saving stashed away They may spend a bit of that These extra savings accumulated during the pandemic give them a cushion for instance a cushion against any shock a cushion against the impact of interest rate rise We have the government that wants to spend more and is already on track to spend more Well we do already have quite a few fiscal initiatives under the belt Companies would like to invest more They need to invest more to some extent in order to replace staff which they can no longer find And on top of that we have a global economy that likely Once the current ubik run wave of the pandemic is over we'll do fine That's good for exports and almost everybody would love to replenish inventories In other words you look at each component of demand individually And you find a positive story for that Once the current wave of the pandemic is over But let's talk about the impact of the current wave How much of a hit to growth do you think it will have in the first quarter On the U.S. it's probably a minor hit We can't really say of course at the moment what matters will have to be taken to contain obi cron and how consumers will react but judging by the data we have so far it suggests that we will only see a modest change in consumer behavior towards caution that we will not be going for anything like blanket lockdowns Of course if that assumption is wrong we simply don't know yet how only cron will develop then we might have a significant shortfall in the first quarter perhaps growth 42% annualized in the U.S. but then if that were to be the case which is not our call but if that were to be the case we'd probably make up for that in the second and third quarter without affecting the annual average of 4% or a bit of a 4% growth next year very much in the U.S. And that's the view from holger's meeting chief economist at Berenberg he spoke with Jonathan farrow Matt Miller and Kayleigh lines on Bloomberg surveillance You can stay tuned for many more conversations just like that one in today's edition of the program starting at 7 a.m. Wall Street time Looking ahead to the market open on this Tuesday futures are pointing to yet more gains on top of the records for equities S&P futures are higher by 13 points right now Dow futures up 89 NASDAQ futures higher by 83 points the ten year treasury is up one 32nd the yield 1.47% on the ten year note yield on the two year .74 nymex screwed up 1% of 79 cents 76 36 a barrel comics gold is up four tenths percent or 7.8 cents at 1816 60 an ounce Just ahead more on the record omicron surgeon the corporate response to this persistent pandemic as we check our top stories in the morning.
"berenberg" Discussed on Bloomberg Radio New York
"Anticipation that once tapers done in March then you have a live march leading meeting you potentially have three or four in your view rate hikes next year Is that actually going to be enough to tighten financial conditions It was time financial conditions Yes but some tightening of financial conditions is what households and companies can stomach After all we want the market to decelerate a bit in real terms and otherwise we will build up even bigger inflation problems Thereafter But I don't think that what we are talking about for rate hikes over the course of next year and then probably three follow-up rate hikes thereafter in the year after that would be enough to really move from a boom to a bust that is to a period of growth well below prem Oh it's good to hear from you sir Thanks for being with us As always hogging of Berenberg looking ahead to 2022 for central banks the ECB and the Federal Reserve for looking ahead to 22 for real GDP growth The forecast so far the medium forecast ecfc function you know where Matt Miller 3.9% is your medium forecast now for GDP in America for 22 Yeah and there's going to be a stronger numbers in the U.S. than in Europe in terms of both economic growth GDP growth as well as inflation And this is a persistent scenario right You often see this And I wonder what lies behind that if it's the bureaucracy of Europe if it's the slower moves of handing out money or if it is the fiscal injections as holder was just telling us Well just on the Eurozone worth pointing out that they're looking for it to have a four handle for next year 4.2 So maybe we get some outperformance for GDP growth for next year As I acknowledge almost immediately mount over the last ten years that has not been a story Looking at CPI next year potentially a two handle for Europe on the headline number for in America Matt I think that explains why the fed might have some work to do next year Yeah absolutely And the question is not only how that affects asset prices but also how it affects the economy How do Americans react to bigger inflation numbers especially if they're more persistent What kind of behavior does that change And you'll be living it Matt America That'd be great How lucky every time someone says the fed needs to for example raise rates in order to increase the price of mortgages and slow down the overheating in the housing industry I listened to my ears perk up It's personal As Michael Jordan said GMP and code of Bianca research going to join us a little bit later this morning 9 eastern With kaddy lights Matt Miller Jonathan Ferro futures have 17 advanced in a third of 1% Heard I'm ready I've seen on TV This is Bloomberg's defendants.
"berenberg" Discussed on Bloomberg Radio New York
"All over the front row We are lady parts all the soul streaming now only on peacock All right we're here with Nina who is hosting a little Tuesday get together And she has gone all out Yep she's done the fancy charcuterie thing Look at those solid maple serving boards So classy And those gold room side plates Gorgeous Oh you're absolutely right And she got it all at Marshalls for way less Even the cheese No not the cheese But that to die for sequin top Marshalls Yep Marshalls Fabulous brands Feel good prices At Marshalls The composer Joseph Haydn famously said I listened more than I studied It sounds like a law school hypothetical Here at Bloomberg it's the same thing Do you maintain that low rate regime Can you see our two years How do you build a strategy with that eventuality in mind Experts information news The push sets up a potential fight What do we know about how it will go public Bloomberg radio the Bloomberg business app and Bloomberg radio dot com Bloomberg the world is listening Good morning everyone Global Wall Street comes to us for a process at data check We're going to do that right now and then get to the equities with miss line's futures advanced That's what you need to know up free up for SMB futures now of 14 Down futures up as brightly 72 points were not on 36,000 watch but there it is NASDAQ up 6 tenths of a percent that gets my attention even small caps rebounding after a really difficult final hour Yesterday the two year yield a solid .55% That's extraordinary We'll dive into that in a moment 30 year bond well under 2% 1.93% oil with that 86 level on Brent crude comes back 83 O 8 down 1.8% on Brent crude and foreign exchange I can't figure it out in the screen My eyes are glazing over Let's get saved by Kaylee lines to the equity market Go Kaley This is what I'm here for I'm keeping it really simple this morning earnings winners and earnings losers On the winning side Ford reported after the bell yesterday really blew it out of the water analysts pointing to a number of positive surprises They raised their profit forecast their reinstating their dividend They're wandering the chip shortage actually okay better than other automakers did in the third quarter That stock is up about 9.3% before the bell A couple semi companies wolf speed KLA corp also beat expectations in the quarter Wolf speed analysts really positive on the guidance they gave That stock is up 14% And of course they were talking about caterpillar earlier on in the show They are facing those supply side pressures labor materials freight costs That's all true but they had really strong sales that help offset that and profits beat by 20% higher than what analysts were expecting So that stock up about one and a half percent Some companies not so lucky though you have a number that actually missed expectations One of them being Twilio revenue coming up short that stock is down 14% upwork flex also misses their down 7 5.4% respectively and eBay This is kind of an interesting one Tom I know that you probably were on eBay bidding for an guitars or first edition books or whatever It is that you were seeing bowties of course That would be it Maybe you were doing that during the pandemic but maybe you're doing less of it now that the world is opening back up and you can actually go into thrift stores or in teak stores or wherever one finds bow ties these days So there's even a scene eBay is seeing as active customers actually go down And as a result holiday forecast coming up short that stock is down 5.7% before the belt on Thank you so much This is a joy It's 7 32 Wall Street time We are on our way in less than 15 minutes to an ECB meeting He was a senior economic adviser at the International Monetary Fund in an PhD dissertation tried to piece together his Europe We are thrilled to bring you this morning Hogarth meeting chief economist Berenberg bank I was lectured once long ago that American economists do not do the medium term We do short term We do long term and we leave the medium term to fancy people like you in Europe How does Christine Lagarde navigate the short The long and more importantly the medium term in a press conference today Well what is good for her is that she will most likely not have to announce any serious decisions today So she can that focus on setting the record a bit And for now that means that the ECB with regard to the medium term inflation outlook is not very concerned The ECB on the guidance it provided in September Did look for of course further upside to inflation near term but for the significant easing of those pressures again and just 1.5% inflation in 2023 And as a result the ECB guidance did not imply anything like the rate hike for late 2022 which markets have started to price in and I think Lagarde will say yes near term inflation is even a bit more than we expected But our medium term outlook has not changed materially A delicate question but I know you can give perspective as Christine Lagarde advantaged or disadvantaged here by not being an economist Well she presides over what probably is one of the biggest and among the best collection of economists at the European Central Bank is one of the best that we have anywhere in the advanced or entire world So she can draw on a lot of experience and probably in her job her security of bringing different views together of amalgamating them are quite useful And all in all we have to say that so far the ECB under Lagarde has been a somewhat steady shock and that all in all is not bad I think she would find the roughly ride words to explain that inflation is an issue but that markets have been a bit ahead of themselves and that inflation is less of an issue in the Eurozone than probably it is in the U.S. where fiscal policy is much more expansion Okay so this is the issue right You said there is a whiff of stagflation in the Eurozone Why is the whiff of stagflation so much more intense than here in the United States It's one basic reason namely that the Eurozone is more dependent on industry on industrial exports on manufacturing And as a result the supply shortages that are crippling parts of industry in many parts of the world matter more for the Eurozone than they do for the U.S. Also consumer demand which is fairly good in the Eurozone is of course even stronger in the U.S. because in the U.S. the government has helped to raise and improve private household balance sheets very very nicely over recent years and you could say probably by too much So there is not as much consumer demand in the Eurozone as there is in the U.S. where we have arguably a bit of departure So this is the fusion to me when I take a look at the Euro that's actually holding in It's been gaining versus the dollar over the past couple of sessions Shouldn't it be falling out of bed if the ECB is going to remain on hold far longer than any other developed market Central Bank out there In a way yes but this is not exactly news that the ECB face is less optimization problem and that's the world stay with its current rates for longer Also the dollar is to some extent risk on risk of currency And that means in a risk on environment where markets seem to be looking ahead to some extent to the easing of shortages in 2022 And what feels a bit more like a risk on environment the dollar gives up some of its safe haven gains So I would not say that this is a mystery Well there was a point in time where the Euro was one of the biggest concerns for the ECB That one 20 level was very concerning and we are now past that It's the bond market that maybe causes most of Christine Lagarde's headaches Do you think she is going to have to try really hard to talk it down today as she has in the past I think she will try to talk down a bit especially these short and moves starting to price in ECB rate hikes for late 2022 which at least according to EC pipe big guidance are highly unlikely as to the norm and overall financing costs remain favorable We will probably warm that the ECB would go against moves which it deems excessive but probably not say that the current.
"berenberg" Discussed on WBUR
"But governing is different than campaigning in Schwarznegger soon found himself faced with a massive budget deficit, in part because he repealed that car Tex. In his first year, Schwarzenegger had political wind at his back and managed to convince voters to borrow $15 billion to close the spending gap. But one year later, when you tried to go around the state Legislature with another series of ballot measures, voters resoundingly rejected a package that, among other things, would have curb state spending and weakened public employee unions. After losing that ballot fight, Schwarzenegger brought more powerful experience Democrats into his administration, including a new chief of staff. That was the point meant a lot of Republicans broke with four Snegur, Blakeslee says the governor listen to those Democratic advisers and Arnold embraced their perspective and a lot of Republicans were aghast. And you know, deeply confused because they literally thought they had voted for and had one type of governor at the top of the ticket and woke up the next day and found out he was someone all together. Different budget fights with both parties in the state Legislature would color Schwarzenegger's entire tenure but another former Republican Assembly leader during that time, Connie Conway, Says she saw his willingness to listen to all sides as one of his major strengths. Conway credit Schwarzenegger for Raising up the voice is a minority Republicans during budget negotiations. I always appreciated the fact that I feel that Governor Schwarzenegger was inclusive. Everybody's opinion did matter. And, uh, I mean, it was. It's part of his DNA, I think Still, statesman says that after Schwarzenegger won re election in 2006 and reneged on a campaign promise not to raise taxes at that point, I think Republicans were getting frustrated, and two of his crowning achievements may have undercut and already waning Republican Party in California. First in 2000 and eight he wrote a ballot measure that took legislative redistricting powers away from lawmakers and put them in the hands of an independent commission. Then in 2010 as he prepared to leave office, Schwarzenegger back to ballot measure that ended party primaries in California and allowed the top two candidates to move on to the general election, meaning neither party has a guaranteed spot in the runoff. The business community was among the bipartisan backers of those reforms. And Alan Berenberg, CEO of the Cow Chamber, says the initiatives worked as intended. They opened the door to electing more centrist politicians. If you want to make sure the lines are fair, and if your goal was to make sure that the election was determined by as many voters as possible Republican and Democrat Then that was a success. Also Rob statesman also sees those measures as a win because they stripped powers from both parties and says Schwarzenegger achieved other victories like reforming workers comp by and large. I put Arnold up there his Republican governor record with just about any Republican governor we've had as of today. He's also the last year Opie Governor California.
"berenberg" Discussed on News Radio 920 AM
"The big numbers they're on Friday the July unemployment rate and job creation and or lost number before we get their stats on car sales. Construction spending factory orders purchasing managers index is from both market and I ism manufacturing and service sectors total second quarter household debt and consumer credit levels in June. A bigger fall, but a faster recovery in Europe. The eurozone's economy contracted far more than the U. S. GDP in the second quarter, more than 40% annualized compared to 32.9 both our record breaking declines. But the chief economist at Berenberg Bank tells the Wall Street Journal the data suggests. The U is having a much bigger snapped back and might actually be getting ahead of the United States in some sectors. That's because the Corona virus is more under control. Their restrictions are easing its governments are agreeing on stimulus measures, and that is all helping consumer in business confidence. Another big winner in the pandemic and hurricane season. The survival industry is definitely the people who are prepping by having a couple of emergency items and then the people who are going all out and spending a lot of money. On bunkers such as these $1,000,000 high tech condos inside an old missile silo in Kansas for the climbing wall cinema and swimming pool or this tsunami escape pot. It's a really cool example of the way aerospace tech is rolling out into survival and safety gear. Now sites such as uncharted supply company and doomsday Prep have also seen record sales on items from emergency gadgets to bug out bags. It's a really good idea to have a go bag or survival. Pete ready, So you congrats and go. NBC's lose. McLaughlin and Cnet's Clare Reilly also say, Don't forget the low tech basics for your emergency kit such as non perishable food, a first aid kit. Ah, hand crank radio solar chargers. And don't forget to put jumper cables in the trunk. So you're ready for anything on that summer road trip. Consumer and Business News. Joe McConnell, NBC NEWS radio here..
"berenberg" Discussed on NewsRadio WIOD
"Lines got a downgrade overnight Berenberg issued a sell rating on carnival saying the company's valuation is highly unattractive and its capital structure appears unsustainable and in need of new equity Berenberg also cited the risk of further suspensions after Norwegian cruises put its operations on hold through September in his second day of testimony on Capitol Hill federal reserve chairman Jerome Powell urged Congress not to pull back on relief programs for households and small businesses to quickly Powell said the economy is just now beginning to recover and it is in a critical phase he said support would be well placed at this time Jimmy back to you all right thank you it is nine twenty two here in the program well the thanks to the red cross or not testing all donations for corona virus antibodies this includes whole blood plasma and played with the test won't show a current positive result but it will tell donors if they've had a pass inspection the test is to encourage more people to roll up the sleeves the red cross says there's an urgent need for donations right now but a blood drives are still being cancelled because of the pandemic and folks are ill little leery about going places like that any enclosed space where they have these the trailers that go out I mean maybe that's one of the things you were concerned about right I yeah I usually go to donation center near my house but those are usually the buses everywhere the big red bus where they do that in the collections I'm just right I don't know I imagine a collection center even the bus is going to have to take every possible precaution they usually do on a regular you know before the pandemic but right I don't know just haven't been able to force myself to go do it I guess yeah well it's instability of doing everything these days though aren't you well that's the problem once you once you start being fearful you you almost get a gore phobic you know you don't want to go out you don't want to do it and and you got to break that cycle at a certain point it's got to be careful wear gloves wear masks distance yourself from people and you can do most anything it's just just be careful the let's see after the death of George Floyd nationwide weeks of protest that followed a new poll found that there's been a big change America's you of police violence in the Associated Press norc poll they found that about half of U. S. adults half say police violence against the public is a quote very or extremely serious problem up from about a third as recently as last September thirty percent July two thousand fifteen those who say it's not a serious problem with falling from one third in two thousand fifteen to about twenty percent now ball also found that sixty one percent the police are more likely to use deadly force against a black person in a white person up from forty nine percent in two thousand fifteen additionally sixty five percent of police officers cause injury or death are treated too leniently by the justice department compared to forty one percent said that's true just five years ago so there you have it question is whether this this whole thing the movement to protest the the the commitment apparent commitment by our legislators to do something about all these problems that everybody admits our issues how long this you know keeps going I mean you saw after parkland some of the other shootings everybody was committed we're going to do change of gun control things like that and after awhile it just kind of you know what there's a way in something replaces well there's a topic we haven't discussed much but I think this whole thing is done more against the folks who are for gun control they've this is done more than the NRA has done in fifty years we look at gun sales are through the roof of the whole thing because if you're if you're if if they're gonna say we're here to the police not a lot I get real tech myself that it is it was it was going in Seattle this morning they they were attacking the mayor's apartment building with lasers less Seattle or was that what was going on in Portland maybe was born in Portland now they want to do some of that the crazies out there want to create their own autonomous like they have in Seattle yes right in Seattle they were they're they're protesting street a block major roadways again last night but in Portland is really attacked the building of the mayor because the mayor was only wanting to cut fifteen million dollars from the Portland police right David cut in half for the the second by the public now you have in Atlanta you had last night they had a sick out basically after the charges to officers the police the summer sit still sitting in their car and they're in their own personal car willing to go out and help another officer if he was in trouble she was in trouble but they called in sick in one report claimed they were only able to respond to three of the six police owns in Atlanta and it's fascinating it listening after the district attorney made their presentation yesterday of the charges against the two cops listening to two former chiefs of police with completely opposed opinions of the case it's just fascinating yeah the idea of India and that's gonna be the problem for the jury yeah how do you look at this thing and do you take into account what happens if they are quit you know I mean you should just say.
"berenberg" Discussed on NewsRadio WIOD
"Lines got a downgrade overnight Berenberg issued a sell rating on carnival saying the company's valuation is highly unattractive and its capital structure appears unsustainable and in need of new equity Berenberg also cited the risk of further suspensions after Norwegian cruises put its operations on hold through September in his second day of testimony on Capitol Hill federal reserve chairman Jerome Powell urged Congress not to pull back and release programs for households and small businesses to quickly Powell said the economy is just now beginning to recover and it is in a critical phase he said support would be well placed at this time Jimmy back to your which is a twenty one year on a Thursday more time to have a conversation about consumer news with Bob some of these consumer rights expert advocate and author of The New York Times best sellers gotcha capitalism and stop getting ripped off and his newest book bars to NBA check out his website the Bob Solomon dot net more to buy good morning Jenny now we're hearing more about this disruption of service attack you know this is T. mobile this weekend we heard the possibility that we this may have been part of a coordinated attack against other companies to what do you know about this well it turns out that at least according to T. mobile but they had an alley Jennifer together on a particular circuit hello they are now saying that it wasn't an attack it certainly looked like an attack to a lot of people not just T. mobile customers and a lot of folks were trying to reach other services like Facebook for example couldn't get to them and so for a while there it seemed like there were impacts across cell phone networks thank you for what we know now it was it was one outage at T. mobile that affected a lot of people in for a long time for about thirteen hours and so that's a pretty big disruption and it's it's you know very roughly a twenty percent of America's telephone users we're we're struggling to get phone calls and text messages and you get this type of thing like that that's a big deal it sure is if you were going crazy with like a I can't imagine being out of the cell phone for thirteen hours it's it would drive me crazy we've seen the the idea of targeted ads we know what they are and apparently there's a movement to ban them what's this about I think this is a really interesting at that we hear more about this and again some momentum over the next six to twelve months or so what we've all been used to now the idea that we're getting followed around by companies this week click on the internet and that's we shop with them we noticed that the ads there to reflect what we're looking for and sometimes in a creepy way and it's not just as in the morning on it we also know that the Facebook groups other sorts of messages on Twitter to fine tune it the tweets that we see first based on our preferences and and those things are sold and resold appetizers well a lot of a lot of it the negative impacts of the internet the sort of extremism the fact that we're pushed conspiracy theories if we look at YouTube videos a lot of that is based on this track into increasingly there's a movement to and companies from collecting that kind of information in the first place so they can't target us with these specific ads with this other specific content what will happen is we would revert back to with the way things were saying two thousand five we're only at the margin Eric like billboards like like they would just be ads based on search terms like we used to be well it's happened with Google if it happens to a certain degree now Google does the same sort of targeted ads and that would do a bunch of things but I think the biggest one is a live protect user privacy and it would stop of this thirty of punishing following that we also use to give a call it surveillance capitalism it is but if some of them the really the more deleterious things we've seen on the internet that was a question I mean you can't look at anything just just for fun without them being targeted by some form of ad involving that and it's it's starting to drive me crazy too it is kind of creepy then your podcast this week to discuss blockchain and how we can help fight racism can explain that force I think this is pretty interesting I talked to the fellow whose name is Rick Willard who outlined their research institute and spent working with blockchain concepts with a long time and and it's it's this is the sort of explanation I can give it to you with that one of the things that blockchain can do with it can eliminate the middle man so think about it an artist to write the song it makes it much easier to say that artist for the song rather than have him having to pay all the intermediaries a cut along the way my name is ever move the money C. overseas you know that this is also active he said that the your bank takes either recipient bank takes to be a different kind of currency conversion will blockchain in in that case cryptocurrency followed all the middlemen are eliminated and that's one of the ways that this is a great book called makers and takers which describes how and a lot of modern capitalism the person who does all the work and actually make the money it's all the other intermediaries along the way make a lot of money and such things out of the system so blockchain could help with that and it would mean that people who make the stuff actually get that report.
"berenberg" Discussed on NewsRadio WIOD
"Lines got a downgrade overnight Berenberg issued a sell rating on carnival saying the company's valuation is highly unattractive and its capital structure appears unsustainable and in need of new equity Berenberg also cited the risk of further suspensions after Norwegian cruises put its operations on hold through September in his second day of testimony on Capitol Hill federal reserve chairman Jerome Powell urged Congress not to pull back on release programs for households and small businesses to quickly Powell said the economy is just now beginning to recover and it is in a critical phase he said support would be well placed at this time Jimmy back to you all right thank you well another day with an uptick in the number of corona viruses in the state of Florida more than twenty six hundred new cases reopened yesterday thanks to the eight hundred M. Miami Dade and Broward counties twenty five that's pushed our state's total to three thousand and eighteen member that's out of a population of four twenty one twenty two million people the percentage of positive tests again inched up now at five point six percent overall they've gone from five point three to five point six percent over the past few weeks where Carlos Jimenez of Miami Dade County is concerned about an uptick in the number of viruses in the Miami Dade County yes he wore the community they start closing businesses if they don't enforce rules requiring customers to wear masks we say some people getting a little too comfortable about not wearing masks when they go to stores or restaurants and not falling social distancing rules we expect businesses to monitor those situations and not let that happen this is sure if you're a business owner and decide that it's not your problem we're gonna make it your problem because our education campaign is now over businesses that are not abiding by the rules will be shut down by my everyday lives it's about time in Broward county the mayor of Dale homeless is says he's not ready to route your issue a lockdown you double down and medicines plea for everyone to wear masks practice social distancing wash their hands frequently it's that simple it really truly is we can we can stop all of this if we do these things you don't want to don't you gonna be in the middle of this for rental they come up with a vexing nationally Alabama Arizona California Nevada North Carolina Oklahoma Oregon South Carolina and Texas I have had several increases in new cases the good news is that at least twenty one St using fewer cases many of them in the northeast they were hard hit earlier and the rest of them are about the same as they have been so you know the ones we mentioned there have an up tick the rest are either downward or there hang in steady the latest numbers in the Johns Hopkins University dashboard show there have been seventeen thousand seven hundred and seventeen deaths the United States about fifty one thousand of those camps have been from nursing home and if you watch the the governors of news conference yesterday he talked about were a lot of these cases are coming and why there was an uptick in the percentage of positive cases if you don't watch it while you might to be saying other things you talked about several places several counties where the entire uptick came from ace particular community of migrant workers in one of a prison in another which had they test the whole prison one hundred prisoners had the virus most of them were a symptomatic the same with the with the migrant workers most of them were asymptomatic and then they they contact traced them to their families in the same thing was going on and so the percentages went up in those areas and he and he said this is just a handful of the cases that we know of but the good thing is we are more prepared with contact tracing with testing etcetera etcetera they're not requiring everyone in nursing homes who works there to get tested every two weeks they are doing the test for free they're doing brit bring the National Guard out to do them and yes they are trying to get everyone with those rapid test which we can come back in forty five minutes I don't know if that's gonna be the case but cellar hammering in the yeah my parents were in Philly got to the fact part of a course in the let the good the fact in the way of a good story so that's what we are I mean look I I I I do I want to test no I don't want to test but anybody who is of age can get a test now it and then I you know I mean you gotta be eighteen to get tested you can anyone who wants one can get one that would be told to we should be doing yes what they did and of course you can get more cases with that now is is the case of the the areas that we know were these outbreaks are happening he claims they're all in areas where people are living in very close quarters on top of each other they're not practicing social distancing in any case they can't like in a prison seven twenty six many as look at water sports news this morning which you don't count Major League Baseball out just yet the league reportedly a making a players union a new offer this time sixty games expanded playoffs at full pro rated pay commissioner rob Manfred confirmed he met with union president Tony Clark has decided to reopen talks to trying come closer together the reportedly targeting a July nineteenth opened for the season that yeah degree on details Marlon's meanwhile opened up marlin stadium to players for individual workouts for your house there Jeter among those in attendance yesterday dolphins quarterback Jay you know Howard in the clear won't face any suspension or discipline from the league following a domestic violence arrest in February was not the charges in that case will drop and Los Angeles Chargers head coach Anthony Lynn Jimmy thinks teams quote would be crazy not to have Colin Kaepernick in for a workout when said yesterday that he fits their system and you can never have too many cornerbacks the circle wrapped with record by three AM that's what he said is like a deliverable bliss what happened with record but she got over you got a reform okay got you good enough you know what now if indeed there is an injury there he's got a drink out there but that he should why not except there is a thirty two year record back when played football for years that's the concern by multiple people as it is for every single player who they evaluate how old is he how long has he been out of the game no the seven twenty seven welcome back I we will check your traffic into marketable join us at.
"berenberg" Discussed on Newsradio 1200 WOAI
"Okay well we gotta stop anybody's name Berenberg gotta stop that's they don't even allow this they're not allow second got every every has been Berg a yes Sir what everyone is saying no and saying you know past ten little bugs life for us Burke has spoken I don't even know who you are stop it you're bumming me out of the corporate debt bonds we've caught a gun sales are surging the IMF says that they're from you know reading a trillion dollars in bailout money this is this is a very very scary time and we have to pay attention to what's going on I urge you urge you to order my book well we all have money arguing with socialists this we've we've spent a long time on this it has about a hundred pages of footnotes so you don't have to take my word for it I always say do your own homework so a hundred pages are about of just really fine print footnotes so all of the facts are there so you don't have to cook went back you can call the New York times and it takes you through all of the arguments you're going to need including basic minimum income arguments which I think is going to be suggested it also the universal health care and a one pair socialist system arguing with socialists just a couple weeks ago I thought boy we're right spot on the money with the with the right topic once again but boy with this is taken us for a loop because now I can tell you probably in the next few days your everyone is going to be spending time at home with their kids and may I suggest the Glenn Beck program is a good babysitter not really let them listen us for a while they'll do whatever you say please don't because was that scary guy on the radio please we do have Robbie you know with us I just wanted to he's our media of our media buds men if you will he watches the media for us at blaze TV and the blaze dot com and I just have to start with just one of my least favorite people in the world right Stelter and what he was talking about when he took on the cause of the Surgeon General rob yeah I would actually crazy trying to say that the surgeon general's just a mouthpiece for the trump administration is not really telling Americans the truth it is just trying to protect Donald Trump yeah I'm trying to in saying all these negative things about the media and not giving any facts what what about you guys in the media can you just give the facts for the love of Pete was so frustrating to watch these guys right go ahead this is a real.
Kimberly Adams, Mickey Levy And Chief Economist discussed on Marketplace
"Yesterday was ugly the bond market was this week signed the apocalypse is upon us and then this morning hello American consumers retail sales numbers came out today up sharply last month compared to June ahead of expectations in point of fact so with the apocalyptic bond market on one hand the consumers on a spending spree on the other and the stock market in the middle doing who knows what marketplace Kimberly Adams explains the mixed messages this economy is sending with all the headlines about a possible looming recession it's worth noting the economy at least for now is still doing okay Mickey levy is the chief economist at Berenberg capital markets there's a clear disconnect between the economy that's growing you know pretty close to its potential path and bond yields there signaling something quite negative traders see troubles ahead the ongoing US China trade war Briggs it a global manufacturing slowdown regular consumers whose spending is the main driver of the American economy they're not too worried about it Brad McMillan is with the Commonwealth financial network when you look at consumer confidence it's actually quite high and they're not only saying things are good to actually voting with their wallets by spending which is ironically exactly how people tend to behave heading into an economic downturn American consumers not apartment stomach sailors on leave Brian Gilden burgers with cantar consulting you know it's like well I mean I have a job when your daughter to get the big screen TV now while I still have no school of income it's a very American read response to potential future slowdown rather than doing something crazy like saving for a rainy day or you know a recession in Washington I'm Kimberly Adams for
Bond yields creep higher as markets wait for Fed signals
"As for the federal reserve a water rate cut might do for the US economy Mickey levy is chief economist at Berenberg capital bond yields to percent court one spreads of narrowed tell me how easy is going to stimulate the economy think about the channels through which would work and you come to the conclusion pretty rapidly it really wouldn't work so would stimulate markets and markets love that but it's sure not gonna help the economy much of tenure down five thirty seconds the yield two point oh six percent gold up one tenth of one percent thirteen ninety seven the ounce West Texas intermediate crude oil up now by one point three percent fifty eight forty
"berenberg" Discussed on KTAR 92.3FM
"And basically say how do you go from one ten to minus four less than a year? That's question. One ask what's worse. One fifteen or minus twenty right? I'll tell you right now. I know the answer to that. It's absolutely minus twenty that's the worst. That's why I moved to Arizona. I love the heat. It can't get can't get hot enough for me. Remember governor? Jan brewer call. What did she call me? When I when I told her I went out in August. And it was like one hundred and seventeen at six thirty and I played soft. All yes. He called me a name Cray. I thought it was crazy wasn't her craze someone. Yeah, you're crazy. What are you? Crazy. No. She called me stupid. Oh, that's right doubt. Your. Yeah. Doubted. My intelligence, I can't blame her. All right. So that'll be interesting to five one of the Satter stories that were we've talked about this year is the fourteen year old boy who was killed by a Tempe cop fourteen year old basically was in someone else's vehicle. The cop came up to the vehicle had to make a split-second decision on whether to pursue. He did pursue the kid running and shot at the kid twice striking him once in the back in the in the kid later died because of that injury. But but Tempe PD has come under some scrutiny because of this and they've actually shown to a number of people in the media and one of our KTAR news reporters was there. They showed the whole body Cam footage to the media. And I think you know, just to just a backup just a quick second. Remember that the officer didn't know it was a fourteen year old. We also have to remember the officer did not know that the gun was fake because the kid had found the gun in the car, but what are. Experts have told us. Brandin Tatum being one of them a former Tucson police officer. He said the cop should not have shot the person the kid in the kid because it was it was in an alley. If the kid had a gun in the cop thought the kid. Didn't know he was a kid. Didn't know the gun was fake was running towards the school. Then maybe you opened fire. But in a back alley. It's just concrete. Blandon Tatum said the cop was wrong, tough situation, and certainly for this family. My goodness. They've lost their fourth. Well, they've lost their fourteen. Nothing could be worse. Right. Nothing. Could be worse. Now back to what you said Taylor. KTAR reporter went to Tempe today. She saw the video in an attempt to be completely transparent with the media. And the public can be police showed video footage from three different officers officer Joseph hind the officer who shot and killed the suspect and officers Ikano and David Lewis were the first officers on the scene. The main reason for showing the video was to clear up any questions about the toy gun. Officers found on the suspect. It was an officer Konno's video, but the gun I became visible at this point the suspect had been lying face down in the street for several minutes. You can see the orange tip of the gun just under his right shoulder. This was the first time officers were able to recognize the gun was a toy ten police will offer to let the boy's family view these same unedited videos later today. So. In talking to Taylor off the air. You know, the police did not give CPR to the fourteen year old for several minutes. And I don't know why. I don't get it. You know, when I look at these stories, you know, I'm always on the side of a police officer to start, and you know, I still don't know how I feel about this only only to feel that goodness gracious. There's a fourteen year old that's dead. But the cop didn't know he was fourteen. Didn't know the gun was fake. But I don't know why you don't give CPR to someone that has just been shot. I don't know. Why what are you waiting for? I don't get that part of the story at all the the other part of the story is that the parents have spoken of this of this young boy who was killed, and obviously they're heartbroken and. I could not put myself in their shoes. I mean, no, one can write heart wrenching. But it's interesting that the family is saying he ran away. Like he was scared. Sure. And also, the the the mom said, I trusted police. I never imagined. They would kill my son. They brought their son from Mexico thinking, it would be safer for them to raise their son here, then in Mexico, but I agree with that. But the thing is what was he doing stealing a whole bunch of stuff from the car? If he wasn't in the car, the police officers never there. Now, I'm not blaming the kid and kinda. I don't even know what to think with with the police officer because it split second. I listened to the the experts that we put on like a Brandon Tatum. And and also Darren berenberg he has thirty years law enforcement, and they're saying that the cops should not shot. The kid, but it's a hard decision that the police officer may the police officer didn't want to wake up and shoot somebody. He doesn't want to be in this spot. This police officers horrified. But he did we thought was right. He wasn't going out looking to kill somebody. I think that the Tempe police, they're holding all these press conferences, I they know this doesn't look good. They know this looks bad. And they're trying to are. They trying to be transparent really trying to say, hey, look, they're trying to say, hey, listen, we didn't plant the gun. Right. And you know, what they didn't plant the gun. So let's move past that, they're not planning a gun. Okay. Didn't happen. On the video. You can clearly see the gun with a with a tip tip. Right. But Brandon also told us to that there are some there are certain people who will paint the tip of their gun orange when it's real to give them an advantage over the cops. So I mean a cop almost impossible. It's a really is. It's uncomfortable to watch the body Cam footage. It is just a terrible. Shame that the child is dead. I don't know if the cop needs to be disciplined or not I don't know the investigation will have to go through. But I can't say for sure that guy should be disciplined or not. I I can't say for sure either. But I think he's in some trouble. I think nothing about this looks good after you find out the kids fourteen after you find out the gun is fake. None of that. Right. He couldn't have known either one of those very important facts. It's just a tough story. It is watching the family speak. It's just it's horrifying it's horrifying. It really is it's horrifying. So it's just a shame all around. Yeah. Yeah. All right. Coming up next. We've got Becky Lynn with some news. Detour Dan has the best traffic in the valley. He's an icon. You know? Yeah. That's next..
"berenberg" Discussed on KSFO-AM
"Help you run more efficiently as Freightliner's number one goal. You know, you, and I were and we have harped on this over the last couple of weeks. And that's in in any debate that you're trying to win. You've got to be consistent and coherent on the message. And we believe one of the things that's most frustrating to us. And we've repeated this over and over again, but it's very important to repeat over and over again when the opposition keeps repeating the same. Aronie is things over and over and over and over again. But we believe that it's never been easier to defend conservative principles. It's never been easier to defend border security. Right. You can do it. You can you can slowly chip away. If you are blunt. And you ask the critical thinking questions and demand an answer. I want to give an example here because it's the Steny Hoyer yesterday and this Steny Hoyer on with I don't I don't have time to play the entire interview. But we're gonna just play a part of it here when he's with Brett berenberg simply asked some of the questions he plays the quotes. He played the quote of of of Nancy Pelosi. Remember, Steny Hoyer second. Beneath her and under Nancy Pelosi, and she talked about being immoral and he said, no, it's not immoral. That a border wall is not a moral. Well, unless you as somebody in the media. Plays the audio cut and directly ask someone as he did here. They don't have to answer the question. I wanna play a couple of the questions that he had to answer. When Bret Baier simply said here is what people are are stating in your particular party. But I want to get to the last part of it where he addresses a wall being a moral and a wall was in the moral. If it keeps people out only if it keeps people in all as far as I know. Nobody is suggesting the wall is there to keep people in the United States. I don't believe that Donald Trump has put the wall up. So the Hollywood elite don't leave the country. Here. Here's part of this conversation from yesterday. An issue..
"berenberg" Discussed on WJR 760
"This hour for Freightliner run smart, helping you run more efficiently as Freightliner's number one goal. I you know, you, and I were and we have harped on this over the last couple of weeks. And that's in in any debate that you're trying to win. You've got to be consistent and coherent on the message. And we believe one of the things that's most frustrating to us. And we've repeated this over and over again, but it's a very important thing repeat over and over again when the opposition keeps repeating the same. Arroni's things over and over and over and over again, but we believe that it's never been easier to defend conservative principles. It's never been easier to defend border security. Right. You can do it. You can you can slowly chip away. If you are blunt. And you ask the critical thinking questions and demand an answer. I want to give an example here because it's the Steny Hoyer yesterday in this Steny Hoyer on with I don't I don't have time to play the entire interview. But we're gonna to play a part of it here when he's on with Brett berenberg simply asked them the questions, he plays the quotes. He played the quote of of of Nancy Pelosi. Remember, Steny Hoyer second. Beneath her and under Nancy Pelosi, and she talked about it being immoral and he said, no, it's not immoral. The border wall is not immoral. Well, unless you as somebody in the media. Plays the audio cut and directly ask someone as he did here. They don't have to answer the question. I wanna play a couple of the questions that he had to answer. When Bret Baier simply said here is what people are are stating in your particular party. But I want to get to the last part of it where he addresses a wall being a moral and a wall was in a moral of keeps people out only if it keeps people in all as far as I know. Nobody is suggesting the wall is there to keep people in the United States. I don't believe that Donald Trump has put the wall up. So the Hollywood elite don't leave the country. Here..
"berenberg" Discussed on WJR 760
"This hour for Freightliner run smart, helping you run more efficiently as Freightliner's number one goal. You and I were and we have done this over the last couple of weeks. And that's in in any debate that you're trying to win. You've got to be consistent and coherent on the message. And we believe one of the things that's most frustrating to us. And we've repeated this over and over again, but it's a very important thing to repeat over and over again when the opposition keeps repeating the same of aromas things over and over and over and over again, but we believe that it's never been easier to defend conservative principles. It's never been easier to defend border security. Right. You can do it. You can you can slowly chip away. If you are blunt, and you ask the critical thinking questions and demand an answer. I wanna give an example here because this is studying Hoyer yesterday, and this is studying. Heuer on with an I don't don't have time to play the entire interview. But we're gonna just play a part of it here when he's on with Bret berenberg simply asked him the questions he plays the quotes. He played the quote of of of Nancy Pelosi. Remember, Steny Hoyer second. Beneath her and under Nancy Pelosi, and she talked about it being immoral and he said, no, it's not immoral. That a border wall is not immoral. Well, unless you as somebody in the media. Plays the audio cut and directly ask someone as he did here. They don't have to answer the question. I wanna play a couple of the questions that he had to answer. When Bret Baier simply said here is what people are are stating in your particular party. But I want to get to the last part of it where he addresses a wall being a moral and a wall was in immoral if it keeps people out only if it keeps people in all as far as I know, nobody is suggesting the wall is there to keep people in the United States. I don't believe that Donald Trump has put the wall up so the Hollywood elite don't leave the country. Here. Here's part of this conversation from yesterday. Morality wall is immoral. If it tries to imprison people who shouldn't be imprisoned. Okay. Wall that protects people is not anymore. Works..
Jean-Claude Van Damme's Son Pleads Guilty in Knife Incident
"Despots and for many many years I never ever thought that I would see it here in the United States in an op Ed in today's New York Times Brennan criticizes Trump for calling on Russia to find Hillary Clinton's missing emails during the two thousand sixteen, election the nonprofit environmental working group says General Motors and the Quaker Oats company put too much glide for say. In their products life oh say the active ingredient in roundup. Weed killer is, found in, several popular breakfast foods and
Indonesia ends search for ferry victims, Germany's migrant deal, and other news in pictures
"Today european shares and us futures rising following that mixed asian session all eyes were on the one today the euro strengthening is germany's coalition government dodged a crisis over my gration telecom companies leading an advance in the stock six hundred today futures on the s and p five hundred the dow the nasdaq all pointing to a firm open minor glencore heading for the biggest decline in two years something i'll come to hong kong stocks slumping as the city returned from a holiday em says pairing some of that declines as the people's bank of china governor eat gang said the country aimed to keep its currency at a stable and reasonable level that helped the u honore's earlier losses is developing nation currencies overall edge tie today turkey's lira plunging after inflation data dollar falling versus major payers treasury steady the swedish krona advancing as the country's central bank sticking to its plan to start lifting interest rates while the global trade spat between the world's biggest economies appears to be worsening investors will take some chair from that pbs pledged to keep the stable that'll city looking two minutes from the fed jobs data later in the week to provide a welcome distraction from protectionist risks off to the country celebrates its independence day stock where keeping an eye on today is glenn called the biggest percentage decline on the stock six hundred shares of sunk a massive twelve percent biggest drop since march two thousand and sixteen the big news coming out of glencore is essentially it's african troubles are escalating dramatically that's after us authorities demanded documents relating to possible corruption and money laundering the world's biggest commodity trader says it's been subpoenaed by the us department of justice to produce documents with respect to compliance with the foreign corrupt practices act and united states money laundering statutes they relate to the company's business in nigeria the democratic republic of congo and venezuela from two thousand seven to the present that's a bloomberg business flash here's markus karlsson with more on what's going on around the world mark twelve boys and their football coach trapped in a cave and thailand will need to learn to dive all wait months for flooding to recede before they can get out the group had been missing for nine days before they were found by divers late yesterday rescues are now battling rising water levels to bring more supplies to the group with tirtha saying that they may need food for at least the next four months the most senior roman catholic clerics will be to be convicted of covering up child sex abuse has been sentenced to twelve months detention australian archbishop philip wilson has been found guilty of failing to tell the police about the repeated abuse of to alter boys by a priest in the nineteen seventy s and disgraced movie producer harvey weinstein has been indicted on new sexual assault claims according to manhattan district attorney facing charges of sexually assaulting three women weinstein could be convicted of a minimum ten years in prison and a maximum sentence of life imprisonment his attorney benjamin bronfman has said weinstein will plead not guilty global news twenty four hours a day on naronha take talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm chris carlson this is bloomberg markets thanks coming up next our colleagues in the us getting ready for bloomberg daybreak in new york let's check in with bob morning bob the people's bank of china pledges you want stability and china's currency stems losses we'll have the very latest chinese telecom carrier meantime is the latest target of the trump administration which is moving to block the state back company from entering the us telecommunications market citing national security concerns jealous subject we'll have the story from the bloomberg ninety nine one newsroom in washington shares of glencore plunge after a us subpoena over possible money laundering bloomberg sebastian selleck we'll have details in london societe generale requires the commodities and equity units of commerce bank we'll get the story from bloomberg's danny burger and we're set to talk live and our first half hour to kelham pickering berenberg senior economist he's doing my colleague karen moskow and me for bloomberg daybreak right here on bloomberg radio.