5 Burst results for "Bonson Group"

"bonson group" Discussed on The Charlie Kirk Show

The Charlie Kirk Show

03:23 min | 3 months ago

"bonson group" Discussed on The Charlie Kirk Show

"Hey everybody, it's Charlie Kirk show and economics focused episode ESG, the inflation reduction act, the IRS going through with guns. What? The vec Rama Swami and Dave bonson joins us. You can email me your thoughts is always freedom at Charlie Kirk dot com and get involved with turning point USA Today at TPUSA dot com. Sort of high school group sort of college group today at TP USA dot com. Turning point USA is on the front lines for freedom. USA dot com. Buckle up everybody here. We go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running The White House folks. I want to thank Charlie. He's an incredible guy. His spirit his love of this country. He's done an amazing job. Building one of the most powerful youth organizations ever created, turning point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by Andrew and Todd at Sierra Pacific mortgage for personalized loan services you can count on, go to Andrew and Todd dot com, the wonderful Andrew and Todd dot com. So inflation reduction act, the hiring of 87,000 new IRS agents, it didn't really get a lot of coverage. Joe Biden signed it into law yesterday. With us right now is someone who I really respect, and he's an expert of all things economics. David bonson is the founder and partner and chief investment officer of the bonson group and author of the book. There's no free lunch 250 economic truths and he just launched a free online video series economics one O one at von San dot com. Dave, welcome back to the Charlie Kirk show. Thanks for having me, Charlie. So Dave, tell us about the inflation reduction act. Will it reduce inflation or is this another orwellian curveball thrown by our politicians? Yeah, it's a good thing the bill doesn't have anything about false advertising because this is really as Bernie Sanders said. Absurd to call it an inflation reduction act. I'm not one who thinks there's a whole lot it's going to be doing to make the inflation worse because it really almost does nothing at all except for ad IRS agents. It's much more of an orwellian bill than it is economic. Even the climate issues, there is about 304 100 billion of corporate welfare to green energy companies, but Manchin to get his vote also agreed for more permanent approvals for oil and gas companies. So even the greenies in the Democratic Party proved to be a cheap date. It's really a disaster of a bill and the IRS agent issue is the primary thing stayed in it. That's so interesting to me. So you're right. And I didn't realize it until you just said it. So the green energy kind of cabal. They get some funding, but it's also, if they really hate fossil fuels, but Manchin got his thing, the thing though, that it seems as if it's the big takeaway is 87,000 new IRS agents. Talk about how extraordinary of an increase that is. I mean, for people that don't run businesses, we got some emails, people that email those freedom at Charlie Kirk dot com. Oh, Charlie just pay your taxes who cares..

Charlie Kirk USA Rama Swami Dave bonson IRS Charlie Todd Andrew Sierra Pacific mortgage David bonson bonson group USA Today Dave White House Joe Biden Bernie Sanders Manchin Democratic Party
Charlie Welcomes Dave Bahnsen to Discuss the 'Inflation Reduction Act'

The Charlie Kirk Show

01:37 min | 3 months ago

Charlie Welcomes Dave Bahnsen to Discuss the 'Inflation Reduction Act'

"Inflation reduction act, the hiring of 87,000 new IRS agents, it didn't really get a lot of coverage. Joe Biden signed it into law yesterday. With us right now is someone who I really respect, and he's an expert of all things economics. David bonson is the founder and partner and chief investment officer of the bonson group and author of the book. There's no free lunch 250 economic truths and he just launched a free online video series economics one O one at von San dot com. Dave, welcome back to the Charlie Kirk show. Thanks for having me, Charlie. So Dave, tell us about the inflation reduction act. Will it reduce inflation or is this another orwellian curveball thrown by our politicians? Yeah, it's a good thing the bill doesn't have anything about false advertising because this is really as Bernie Sanders said. Absurd to call it an inflation reduction act. I'm not one who thinks there's a whole lot it's going to be doing to make the inflation worse because it really almost does nothing at all except for ad IRS agents. It's much more of an orwellian bill than it is economic. Even the climate issues, there is about 304 100 billion of corporate welfare to green energy companies, but Manchin to get his vote also agreed for more permanent approvals for oil and gas companies. So even the greenies in the Democratic Party proved to be a cheap date. It's really a disaster of a bill and the IRS agent issue is the primary thing stayed in it.

David Bonson Bonson Group Charlie Kirk IRS Joe Biden Dave Bernie Sanders Charlie Manchin Democratic Party
"bonson group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:41 min | 9 months ago

"bonson group" Discussed on Bloomberg Radio New York

"San Francisco Eddie All right thank you very much Doug out razor tight election South Korea's elected Yun suk y'all to replace president Moon Jae-in It signals a tightening of relations now with the United States and a cooling of relations with China and with North Korea Ukraine lays out conditions for negotiating among them not giving up an inch of territory and a ceasefire meeting between the foreign ministers tomorrow in turkey Ukraine says the war will not end unless there's a face to face meeting between zelensky and Putin U.S. now is officially said no to Poland's idea to get fighter jets into Ukraine through Germany Warnings that Chernobyl that recklessness on the part of the Russians could leak to a radiation leak They say that the power court already has been cut and Russian Jews are looking to Israel to escape Putin at least 1400 already Hong Kong's plan to test the entire population for COVID has been put on hold focused a vaccinate the elderly and a plane carrying Donald Trump had to make an emergency landing after losing one of its engines at 28,000 feet over the Gulf of Mexico returned to New Orleans Everybody safe in San Francisco Ahmed Baxter this is Bloomberg All right well let's get back to our guests with a half hour David bunsen he is at the CIO at bonson group discussing the latest on the markets David what is the future looking like at the moment Given this unprecedented geopolitical fallout taking place in Eastern Europe does it mean that in the future we're going to have to have some sort of risk premium built into trade Well I think unprecedented is true when you're describing the specifics and the post Cold War reality of Russia's military endeavor in Ukraine But then at a higher level I don't think it's unprecedented that there is an unstable world out there And I think that risk premia has existed in markets for a very long time and it will exist in markets till kingdom come This has specifics to it It has a lot of relevance in the way we understand the reality of the energy sector and how our world receives energy but the mere existence of geopolitical instability I believe is a permanent condition of risk premia in markets One of the difficulties we just heard from Ed Baxter one of the difficulties in getting any kind of end to the war would be that Vladimir Putin would have to sit down with Vladimir zelensky the problem is Putin doesn't see him as an equal Well I'm sure that's true and I'm sure that Putin doesn't see very many as an equal But even apart from the egos and personalities at play fundamentally of course there is an entirely different view of history and of ideology at play and where it's relevant to investors is and what its impact to the international order will prove to be And so there's long-term impacts are not what markets have been pricing Markets have not really been focused as they never are in the short term on long-term considerations partially because we don't know how it will end In the short term we look at wheat prices We look at nickel prices We obviously look at crude oil We look at what the impact of consumer may be and try to speculate where all that can go Ultimately though I do believe we have got to remember the markets were quite distressed especially in technology well before Russia Ukraine NASDAQ had already dropped double digits just merely because that area of the marketplace was so perversely overvalued Rashad Russia is a Russia is the world's biggest commodities exporter and it has been hinting that they can stop trading with the west as well in a tit for tat move Now that could really hurt And that's something which is likely to be taking up a lot of time for Central Bank governors In terms of just dealing with the fallout of the financial sanctions you cut out for part of the question I'm saying about inflation as a consequence of cutting ties with the west as the world's biggest commodities exporter Yeah so there's no question that it puts some form of inflationary pressure But the difference is whether or not that inflation proved secular because if you have to change your supplier and then end up with a different supplier providing the same energy that inflation gets washed It could become more structural than the equation can be more sticky And that's one of the reasons why monetary inflation is so different than a lot of the types of inflation causation We've been dealing with whether it's specific to Russia or even with other supply chain issues of last year that presents a different type of challenge but it's not the same as just simply having too much money in the system And I think this type of inflation has a specific cause that is curable Yeah no matter what happens with inflation you see rebalancing as something to do but not until stocks drop another 5 to 10% Yeah I mean I do think that you're going to obviously add 10% more in NASDAQ and some of the tech set heavy areas of the S&P we have to remember how profoundly impactful thing still is to the overall S&P because of its market cap weighted.

Ukraine Putin Yun suk y president Moon Jae zelensky COVID Ahmed Baxter David bunsen bonson group Russia San Francisco Ed Baxter Vladimir zelensky United States South Korea North Korea Donald Trump Eddie Doug
"bonson group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 9 months ago

"bonson group" Discussed on Bloomberg Radio New York

"Hasn't actually seen extra demand Here's Isan Abdul jabbar Ishmael speaking at the sera energy conference in Houston So now there is no real shortage We think that the fluctuation and the price is because of the geopolitical issue And even that we will take care about that We will make our effort to make the market more balanced That said Ishmael said that Iraq can increase output if and only if OPEC plus desires to OPEC plus is sticking to its plan at the moment of increasing production 400,000 barrels per day Meantime U.S. energy secretary Jennifer Granholm also addressed the sera conference She openly called on oil and natural gas producers to boost supply saying quote we are on a war footing The largest independent shale companies have said they won't accelerate growth without long-term support from President Biden Rashad We've got the Biden administration as well here at moon considering sanctions on Russia's state owned atomic energy company rosatom the company and its subsidiaries account for around about 35% of global uranium enrichment and they shipped the nuclear fuel to power plants globally Now we're hearing any punishment would have to exempt the work that Ross Adam does with Iran Now that is because the Biden administration is seeking to revive the Iranian nuclear deal we're told no final decision has been made in The White House's consulting with the nuclear power industry about the potential impact And coming up we have David bonson chief investment officer at the bonson group with us to discuss the latest in markets and this crazy move that we saw here in the past 12 hours The time now 5 and a half minutes past the hour it's time for world news Ukraine has signaled a willingness to come to some sort of ceasefire in the Russian invasion but within.

Abdul jabbar Ishmael Biden administration OPEC President Biden Rashad rosatom Jennifer Granholm Ishmael Ross Adam Houston Iraq U.S. David bonson Russia bonson group Iran White House Ukraine
"bonson group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:03 min | 9 months ago

"bonson group" Discussed on Bloomberg Radio New York

"For world news Ukraine has signaled a willingness to come to some sort of ceasefire in the Russian invasion but within strict bounds at Baxter has global news in the 9 60 newsroom in San Francisco Ed Yeah that's right Brian saying they're willing to negotiate to end neutrality can be part of a Ukraine says without giving up an inch of ground though president zelensky's deputy chief of staff ihor zhukov says an exclusive interview with Bloomberg's Maria tadeo that it would be dependent as well on an immediate ceasefire Ask me whether there is a diplomatic solution surely We're ready for the diplomatic solution You know there are three rounds of negotiations already on the level of delegation Tomorrow our minister of foreign affairs will meet together with minister of foreign affairs of turkey with foreign minister Lavrov Yeah now that meeting tomorrow Bloomberg's Anne Marie horndon says a step up the diplomatic ladder So this is different than just on the border of Belarus when you have two teams getting together These are the foreign ministers They represent their country and they're going to be having talk In turkey but zhukov says nothing will get done without zelensky face to face talks with Putin So he asked the world community to assistance in having this direct negotiations to sit down with Putin at the negotiations The U.S. is now officially said no to Poland's idea to get fighter jets into Ukraine by getting them to Germany and having the U.S. fly them into Ukraine Pentagon spokesman is John Kirby The intelligence community has assessed that the transfer of MiG 29s to Ukraine may be mistaken as escalatory and could result in significant Russian reaction that might increase the prospects of a military escalation with NATO Now Kirby says NATO agrees with that assessment and with a backdrop of the horrible bombing and the maternity and children's hospital and warnings that Chernobyl at recklessness on the part of Russians could lead to a radiation leak Hong Kong's plan to test the entire population for COVID has been put on hold Chief executive Carrie lam officially confirming what we reported yesterday that the focus now will be on getting the elderly vaccinated So some 2000 people passed away this is really sad And many of these of the disease were the outlay the median age is over 80 years old Lamb through a translation says that the mass testing has not been ruled out but for now the focus will be on stopping the surge In San Francisco I'm at Baxter this is Bloomberg Brian Oh dad thank you very much Let's get to our guest David bonson Chief investment officer at the bonson group So David sentiment lifted for sure Partially because Ukraine seemed to be open to discussing neutrality if it comes with security guarantees There's still massive gaps between the two At least appeared to be something of a step forward Is that wishful thinking to you or the seed for a compromise Yeah I don't think it's either because I mean obviously it is wishful thinking but I don't think it is necessarily only that It's just simply an unknown You don't want to be caught off guard if you do get good news And so that's where you see a lot of people coming off the sidelines today or looking for what they hope will be bargain shopping particular particularly in the distress sectors of technology and financials And on the other hand you don't want to overthink it because there are many scenarios by which this could be a much more prolonged ordeal And so I really think the way people are positioning right now is not and should not be primarily around the day today or whether on hour by hour headlines but just more a bit longer term and how the various outcomes could play out David we had many market commentators suggesting this is not at the moment feeling like anything like capitulation of late or indeed that we've actually hit the bottom The point is you could be ending up trying to catch a falling knife here How would you advise your clients really to what they should do next It's a very tricky for us because we are so energy heavy and we've been up on the year where you have daily reads of the market dropping and yet just because of a very low correlation to the index our portfolio is actually been a positive territory So that makes us have to communicate to clients sort of an office message Hey don't think that this energy story can continue like this forever We happen to think that our good fundamental reasons to be long exposure and upstream and midstream but you certainly don't want to be piling into some energy stocks that are already up 30% on the year and a 100% from where they were a year ago But what if the Biden administration officially changed its position on shale drilling on a technical level but even more so just on sort of strategy or policy level Because with Jennifer Granholm calling out the shale industry for not producing more it seems like there is some room there for a compromise There's no question There's absolutely still room for upside It's just that a lot of us energy investors were playing deep value A year ago And now it's not deep value It's regular value You know what I mean The pricing is different But do I believe an administrative change could come and do I think that the industry itself could decide to moderate their very stringent fiscal and capital discipline right now and that could lead to greater margins and profitability I absolutely do But I would not be over waiting the sector beyond where people might already be Okay I just want to let it play out All right we'll talk a little bit more about strategies in a moment David David bonson is chief investment.

Ukraine president zelensky ihor zhukov Maria tadeo Lavrov Yeah Anne Marie horndon zhukov zelensky Bloomberg Putin John Kirby Baxter COVID Carrie lam turkey NATO Bloomberg Brian David bonson bonson group San Francisco