32 Burst results for "Cfa"

CFA Schedule Is Disrupted Again With December Exams Canceled

Bloomberg Daybreak

00:45 sec | 6 months ago

CFA Schedule Is Disrupted Again With December Exams Canceled

"CF candidates are going to have to wait a little longer to take their tests. The CF a institute is canceling December exams in 37 locations around the world. We get that story from Bloomberg's Charlie Pellet December dates for the chartered financial analyst exam have been scrubbed in 13 cities. Including New York, San Francisco and Chicago, as well as 11 in India. The institute says it may announce additional postponements in coming weeks. The move again disrupts the plans of test takers, hoping to earn a CF a credential, bypassing all three levels of the most challenging test in finance. The institute had earlier postponed its joon exam. Candidates will be able to reschedule for dates in 2021 Charlie

Financial Analyst Bloomberg New York India San Francisco Chicago
West African Countries Take a Step Away From Colonial-Era Currency

BBC World Service

00:19 sec | 1 year ago

West African Countries Take a Step Away From Colonial-Era Currency

"The French president Emmanuel McCall has described his country's colonial control of the West Africa as a grave mistake well on the visit to Ivory Coast Mister McCall announced that it's the colonial era CFA phone can use them as a whole region will from next year be replaced with a new currency the

Emmanuel Mccall West Africa Mister Mccall
Lawmakers approve bill to let athletes at California colleges take money from advertisers in defiance of NCAA rules

Brett Winterble

04:21 min | 1 year ago

Lawmakers approve bill to let athletes at California colleges take money from advertisers in defiance of NCAA rules

"For this California legislators voted to require schools in the state to allow their athletes to earn endorsement money setting up a collision with the NC a a which bands compensation for college athletes beyond a scholarship in a modest stipend they're threatening to ban California athletes from all competitions the California State Senate nearing the end of the legislative session in Sacramento passed a bill by a vote of thirty nine nothing that allows college athletes to earn money from their name image or likeness to sponsorship or endorsement deals starting in twenty twenty three okay that's all well and good but it gets worse it also bans schools from preventing athletes from getting compensation or retaining agents. so I'm gonna be playing football for Berkeley I'm only playing football for S. C. I'm gonna be playing football for state and I'm a freshman and I can have an agent. really. and I can make money on the side with my a okay except that the NCAA says that violates their their rules of the road. the bill bans schools from preventing athletes from doing those things as I told you. NC a a rules indicate that. athletes can forfeit their eligibility if they receive direct payment for participating in sports in practice restricting their compensation to tuition room board and a handful of other expenses on Wednesday the NCA board of governors told the California governor pooping needles Newsome that it would ban California athletes from competition if he signed the bill here's the crazy thing about this all right the crazy thing about this is this law will apply to all athletes at all public or private colleges and universities in the state. so UFC can't opt out USD can't opt out the private schools cannot stand for can't opt out. so why are they doing this well I think it's pretty clear whether doing this. they want. and you have to look this up John I don't know the numbers the number of student athletes in California universities. they want them all to become state employees. they probably want them all to become part of the public employees union as the state school the players from the state schools the private schools you know the permanency I you. looks like a. more than four hundred and sixty thousand NC double a student athletes in California I'm not and concern and held for you but I live across the U. S. okay okay so let me tell you what's going to happen now in the state of California. you can mark my words on this one watch what happens next in the state of California your. twelve football dreams are going in the garbage nobody is going to come and play here I don't care that the kid thinks he wants to make money. playing football for UCLA your state or or U. S. D. or and any any place nobody is going to want to come and play in this state because the people that are smart are not going to allow them to not play in big games. you you have to be able to play in the the CFA you have to be seen yeah I'm gonna be in the games okay you got to do all this kind of stuff it's it's it's that it's that simple what they're trying to do is they're taking a page from what perpendiculars did when he redefined marriage unilaterally their true they're doing after like we'll just passed a law it'll go to the Supreme Court the Supreme Court is a have to pay these athletes and that'll happen in ten years but for the next ten years watch how bad college sports become in California. because of honest if I. D. one swimmer if I'm a gym this if I'm a golfer if I'm of well god go I guess golf wouldn't really matter right because I can't really forfeit my eligibility I mean I can I can just go turn pro if I want it some point. but but the rest of that stuff forget it basketball hello no. to the no no no.

California State Senate California Football NC Sacramento Berkeley Ncaa Ten Years
Google, Internal Revenue Service And CFA discussed on Mark Levin

Mark Levin

02:30 min | 1 year ago

Google, Internal Revenue Service And CFA discussed on Mark Levin

"Liberal watchdog group the targeted Google and Devin newness fusion GPS one hundred and forty thousand dollars for research this one I just saw this is a big deal excuse me a liberal watchdog group that is investigated the trump administration Republican lawmakers like California Republican Devin newness and Google paid fusion GPS nearly one hundred and forty thousand dollars last year according to tax documents filed with the Internal Revenue Service the payment by the campaign for accountability short another front group the campaign for accountability was for research on an unknown project we know about fusion GPS now this group CFA was formed in twenty fifteen by several former employees the responsibility of ethics in government in Washington called crew another left wing watchdog group that group describes itself as a and when nonpartisan nonprofit watchdog organization that uses research litigation and aggressive communications to expose misconduct and malfeasance of public office now this group see a face one hundred forty thousand payment to fusion GPS for what was for work as an independent contractor according to see a face form nine ninety that is their tax return the document does not reveal the date of the payment and see if phase donors are not disclosed see if a file numerous ethics complaint to lawsuits last year by publishing reports criticizing Google and Black Rock the largest investment firm in the U. S. now see if it's too and it goes on and on and on but what's the point they've targeted among others Devin newness in their link diffusion GPS now that's obviously import now why is that important only Jim Comey wouldn't know that Joe Scarborough because now fusion GPS has some links some kind of role in trying to take out Devin newness that's how I see it how do you say Mr producer I think Mr producers eating a steak sandwich I don't think he's listening

Google Internal Revenue Service CFA Washington Jim Comey Joe Scarborough Producer Devin California Forty Thousand Dollars
Planet Money: Dollar Stores' Effects On Communities

NPR's Business Story of the Day

03:54 min | 2 years ago

Planet Money: Dollar Stores' Effects On Communities

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org. A new dollar store will open up every six hours this year this country. They're more dollar stores in there are walmarts and McDonald's combined according to the institute for local self reliance, which is an advocacy group. How do those dollar stores affect a community? Sara Gonzalez of NPR's planet money podcast has more. There are more than thirty thousand dollar stores in the US by comparison. There are about five thousand walmarts and Stacy Mitchell with the institute for local self reliance says dollar stores are threatening the small businesses that survived WalMart. It's as though they're coming into a compromise ecosystem, it's like an invasive species. Mitchell says dollars. Stores are over saturating communities when your coming into places that are absolutely saturated already with your stores, and you decide to open more. I mean, that's a bid to sort of dominate the local retail seen that no one else can compete with you, the three main dollar store chains turned down requests for recorded interview. But the dollar store that is growing the fastest dollar. General did say that their customers are only willing to travel three to five miles to shop with them. Which is why they open so many stores so close to each other. But in north Tolsma, Oklahoma City council woman, Vanessa hall. Harper says there are too many. There is no place in her district. That's more than a mile from another dollar store. Exactly because they proliferated already hall. Harper was elected on a platform promising to bring a grocery store to north Tulsa, which has no grocery store, but eleven dollar stores, but I'm saying this has to have an a fit on the ability of a grocery store to come in in be success. Ceful was a couple of counselors of like, well, there's no studies to show that what you're saying is accurate. I don't need. No damn study dollar stores are not grocery stores, but they do sell things like cereal and canned food and twinkies and paper towels the high profit items, they don't usually sell fresh fruit or meat or vegetables. You don't make a ton of profit on lettuce and bananas. So Harper is thinking that if dollar stores are allowed to keep opening up new stores, it won't be worth it to a real grocery store. So she sets out to prevent any new dollar store from opening up. Not an olive Tulsa, just in her district our stole. This was a legal. You can't do this. You know, we're going to get sued, and blah, blah, blah. And I didn't care about getting sued as long as we won. But cities do not like to restrict new business. So I started doing my research hall Harper learns about a city in California Coronado that has what's called formula business restrictions. They had a policy in place that at no time will there ever be more than ten Nash. Chain stores. I don't care if it was a McDonalds Burger King, whatever it was a real example of a place restricting business and saying it's good for us. The proposal for the toll city council was to limit dollar stores in particular and create incentives for grocery stores and fresh produce a couple city councillors voted against it. Please don't start throwing tomatoes and stuff like that out in the tomatoes. Who would have those right throwing Cheetos twinkies and stuff? Okay. Okay. Okay. Clearly passes five to four in effect. No new dollar stores can open up in north Tolstoi. Then New Orleans north Saint Louis Haskins, Ohio the all called Vanessa hall. Harper saying we think we have too many dollar stores to mosquito Texas past restrictions right away and north Tolson is expected to break ground on a grocery store. This summer. Sara Gonzalez NPR news, New York.

Harper Vanessa Hall Sara Gonzalez Walmart Tulsa Stacy Mitchell Cfa Society United States Washington North Tolstoi CFA New Orleans NPR North Tolson Ceful Oklahoma City New York Ohio
Keeping Money Secrets From Each Other: Financial Infidelity On The Rise

NPR's Business Story of the Day

04:59 min | 2 years ago

Keeping Money Secrets From Each Other: Financial Infidelity On The Rise

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org high. So there's marital infidelity what about financial infidelity? This is when people hide their accounts their debts or their spending habits from their spouses or partners. Studies estimate up to forty percent of American adults admit to some form of this and therapists and financial advisers say it can really undermine relationships because of all the lies NPR's. Yuki Noguchi reports on one couple's journey from deception to disclosure and Blaine Ed fifteen years ago at a party, he hosted in Houston at twenty three combs already had his financial act together. He owned a house all ready, and he had a job any managed his budget lane was three years older and saddled with dental school. That she found his financial security super sexy. Gosh, this I've hit the jackpot. This is amazing. They married and settled in Charlotte, North Carolina. They had some different views about money. We'll never really had the idea that people would manage keep their money in separate accounts or hidden from each other. Joining counts was the way that my parents manage the household finances that was real skittish about that. I guess because my parents went through a a not very pretty divorced, but these differences they negotiated. Eventually they got around to saying, okay, let's do this. So like all of our counts were mutual and shared that sharing. Extended to an combs is dental practice. Ed comb stayed home with their boys while his wife supported them later, he returned to school to become a therapist, but his counseling practice was slow to take off. I had a period of struggle how to deal with my own insecurities, and what it meant for me to be provider or not being a provider, and I borrowed more money and wasn't talking to my wife about it. Ironically, his practice focused on financial therapy counselling for couples fighting about money. Meanwhile, combs himself secretly borrowed thousands of dollars on a credit card over the following year that debt metastasized to over twenty thousand dollars he told himself he'd repay it as he won more clients, a just need more time. But every month, the debts grew his wife, she didn't notice, but I'll be honest. I was probably more oblivious than I'd like to admit that. I was guilt. Consumed ad combs. He thought about it hourly even talking about this with you now like I have my own sense of shame. That's coming over me. 'cause man I really do that he agreed to tell his story because he thinks it might help others in the same boat. The few academic studies on the subject say between a quarter to about forty percent of American adults deceive their partners financially. Ted Rosman is an industry analyst for credit cards dot com. It does seem that financial infidelity. Is on the rise. His firms recent survey found millennials twice as likely to hide money or accounts from partners than other generations and digital life makes doing so easier. You can sign up for the account. You can get the statements. You can do your spending all without anything showing up in the mail. Ed combs kept his secret under wraps for a year. The debt grew even to him. It made no sense his job after all involved helping couples navigate financial conflict his wife called him, Mr. financially responsible. It is ironic. He says the strain isolated and depressed him for the most part people thought successful, his smart. He's capable internally. I just nothing else field further from the truth. Ultimately, the truth did come out one night after their three sons went to bed. He told her and combs recalls. The initial shock span of a couple of minutes. Really what what just got swept out from underneath me. Then she got angry everything. Me wanted to just yell and like punch pillow. And I think when he's been so we got share everything we got to do this for your business, and my business together all the time when that happened. The trust part was the hardest thing to get back getting it back required couples counseling. Apologies transparency time even forgiveness. She admits she resented repaying his debts like I don't wanna do that. I feel like you should bail yourself out for what you because it's been over two years since he came clean. Ed comb says he's learned to empathize with those like himself who break their own moral code and people like his wife who were hard to forgive and are people generally speaking able to move through that. You heard me take a deep breath because it's easy to talk about on the phone interview. And it's harder work to do week in week out to those still hiding in the shadows. Both he and his wife say come forward. The sooner the better, you can Gucci NPR news.

Ed Combs Yuki Noguchi Blaine Ed Ted Rosman Ed Comb NPR Cfa Society Washington Gucci Npr CFA Charlotte North Carolina Analyst Houston Forty Percent Twenty Thousand Dollars Fifteen Years Three Years Two Years
Facebook Recruits Surveillance Hawk To Be Its Top Lawyer

NPR's Business Story of the Day

04:40 min | 2 years ago

Facebook Recruits Surveillance Hawk To Be Its Top Lawyer

"Support for this podcast and the following message. Come from CFA society, Washington DC, you've worked hard to grow your wealth. Make sure you're working with a wealth manager who has grown with you work with a CF HR holder. Learn more at the right question dot org. Facebook has recruited a surveillance hawk to be its next top lawyer, she helped craft the Patriot Act that was the controversial law that ushered in a new era of government surveillance of citizens privacy advocates who follow Facebook closely are baffled by this. But as NPR's earthy Shahani reports the new hire could help the company improve relations with another set of critics. There's no need to point out. The Jennifer Newstead went to Harvard undergrad yellow right after of course, she did. In addition to her pristine pedigree. She is a lean woman descended from three generations of leaning in. Her grandmother was a doctor. My mother has spent her medical career pioneering new technologies to diagnose cancer in women. That was new in late twenty seventeen before the Senate, President Trump nominated her to be top lawyer for the State Department, the first woman in that position very little about her legal philosophy came out the confirmation hearing, though, she did make clear she is a staunch supporter of executive power. Asked if it would be okay in theory for the president to attack North Korea. Even if they didn't attack us, and even if congress did not authorize use of military force Newstead said in essence. Yes. Preemptive strikes are okay, it, it's my view that the law generally provides the president may act to defend the United States New studies now changing bosses leaving Trump for Mark Zuckerberg. She leaves the State Department with a wealth of contacts around the world that should prove useful for Facebook. Who's users are mostly outside? The US new staff is also uniquely qualified to help Facebook with privacy. Specifically pushing the limits of law to dismantle privacy. You could say she's really one of the legal architects of our modern digital master Valence society. Timothy Edgar came to know Newstead years ago after the terrorist attacks of September eleventh two thousand one he was an advocate at the American Civil Liberties union, she was at the Justice department Jenner. For Newstead was, you know, one of the smartest lawyers that you could imagine in a very elite group her group was the nerve center of America's post nine eleven legal architect ING, they laid the groundwork for the government to collect mass data telephone records internet, meta data and to search without consent. In terrorism cases were now in a new era where surveillance is conducted by companies Facebook is under immense scrutiny. Just yesterday. Senator Ron Wyden sent a letter urging regulators to hold CEO Zuckerberg individually accountable or his flagrant repeated violations of Americans privacy will continue. Tim Wu figured Facebook would hire someone who was the opposite of new stud little shock to taken aback. Lou a law professor at Columbia University wants met the incoming Facebook lawyer at a party, they'd both clerked for supreme court Justice, Steven Brier. And he was the host will is a privacy advocate. He says. Facebook needs to clean up its reputation proved a users the company wants to protect them by bringing in a Patriot Act architect to connect the dots and say, well, she did surveillance for for for the federal government. Now, she's taking over surveillance Facebook that said he does have an educated guess about why the higher make sense to deal with governmental pressure. Yes. Governments criticized Facebook for privacy violations. But they also knock on Facebook store when they want user data to investigate. For example, terrorists are activists. Government requests have grown steadily each year. Woo worries that Jennifer Newstead will turn users into bargaining chips to help Facebook curry political favor. I can't say I look forward to Facebook cooperating with government. That's one of the things I've always been concerned with Facebook's announcement chief operating officer Sheryl Sandberg praised the new hire for her global perspective and made no mention. Of the surveillance expertise artificial Honey NPR news. This message comes from NPR sponsor snowflake. The only data warehouse built for the cloud unlock. Deep data insights with the instantly scalable, cloud built data warehouse. Start your journey towards data driven decision. Making it snowflake dot com slash NPR.

Facebook Jennifer Newstead President Trump NPR Newstead State Department Mark Zuckerberg Senator Ron Wyden CFA Washington Dc Congress Tim Wu Harvard Senate United States North Korea Justice Department Timothy Edgar
U.S. Officials Plan To End Sanction Waivers On Iranian Oil

NPR's Business Story of the Day

04:09 min | 2 years ago

U.S. Officials Plan To End Sanction Waivers On Iranian Oil

"Support for this podcast and the following message. Come from CFA society, Washington DC, you've worked hard to grow your wealth. Make sure you're working with a wealth manager who has grown with you work with a CF HR holder. Learn more at the right question dot org. The US State Department is expected to tighten the screws on Iran's oil industry today and in doing so the US government is also going to be putting pressure on some of its own allies like Turkey and Japan, those countries and a few others have been given waivers from sanctions to continue buying Iranian. Oil. Those waivers are expected to end joining us to talk about it is Dimitri Sevastopol. Oh, he is the Washington bureau chief for the financial times he's been reporting on this. Good morning wanting to have it. So these are waivers to sanctions that are expected to be taken away. Can you just step back and remind is what these sanctions were in the first place. Sure. Well, the US sanctions on Iran for a long time. But when the Obama administration signed a deal with Iran in two thousand fifteen the landmark Yvonne new. Nuclear deal with the other permanent. Members of the national said the United Nations Security council, they essentially arranged for waivers. So that sanctions that were in place before would not be enforced. Not when Donald Trump pulled out of Iran nuclear deal in may of two thousand eighteen he's signaled that he was going to snap back on those sanctions that had been wait for a long time. In connection with that. The US have been trying for a long time to get its allies and some apart of countries to reduce the reports of Iranian oil. Anyway, then leading up to November when the broad sanctions on Iran were put back on last year. The administration said it was going to make sure that it's always partners reduced oil imports me around two zero. However, when it got close to the point it actually did give a set of eight waivers to the countries that you mentioned and said, it would give them more time one hundred and eighty days to start trying to reduce their imports on their reliance on Iran. Some of those countries, Greece, Italy and Taiwan actually got their imports. I think pretty much down to zero but the others China, India Japan, South Korea and Turkey still have a way to go. So basically, what's happening? This morning is secretary of state Mike Pompeo is going to say on may second waivers will no longer exist. And do you will face the potential of US sanctions if you import Iranian oil, and as the expectation that this could have a big affect on. On Iran, and is always the the goal in tough moves like this to try and change the behavior of the regime what it's definitely going to have a greater impact on the Iranian economy, which is already suffering very hard under existing sanctions. So it's going to have more of an effect there on one of the other questions, obviously is whether it's going to impact or prices in the global market and to what extent could do that. I mean, could we see, you know, a big spike in gas prices over the summer well a year ago? The Trump administration justified giving the waivers it said this an oil markets are very tight right now if we put squeeze on it could be bad for the US economy. Well, oil prices are reasonably high right now as well. They hit a high of seventy four dollars in Asia trading over nice, which is not far from where they wear your go. What the administration here is counting on is that Saudi Arabia, and the United Arab Emirates will actually step in and provide output to make up for the shortfall from cutting Iranian. But whether it can do that or not will obviously be. The test. They say I talked to an official last night who said that they've arranged us. But you know, these things come full through. So I think that's going to be the real test and briefly why now is administration doing this? Now. Oh, well, they say that they're logic. They say is that it's not conducive to do this. Because oil prices aren't as tight as they wear year ago. But the number of people who would who would doubt that I think it's also partly that. It's just a gradual push to keep ramping up the rhetoric on Iran to try and change the behavior of the regime in Tehran. Dmitri says stuff a low is the Washington bureau chief for the financial times joining us this morning, thanks for your time to meet you. Thank you.

Iran United States Obama Administration Washington Bureau Chief Us State Department Donald Trump Turkey Washington Dc United Nations Security Counci CFA Tehran Mike Pompeo Asia Dmitri
World Bank Contest Aims To Help People Who Lack Proof Of Identification

NPR's Business Story of the Day

03:46 min | 2 years ago

World Bank Contest Aims To Help People Who Lack Proof Of Identification

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org. What can you do without your ID think about that? Because around the world billion people do not have any form of official identification that can prevent them from getting access to public services like health care or opening a Bank account. Darrien woods from NPR's planet money podcast tells us about a contest Dow change that half of the one billion people without ID come from five countries, India, Nigeria Pakistan, Ethiopia and Bangladesh. There are a few main reasons why people tend to not have I d I is cost rolling out. National ID is expensive nixed. Legal barriers like women Bod from applying for I. Themselves in countries like Pakistan, and then trust some people don't want. The government tracking them often for good reason. But by Johnny Desai of the World Bank says getting an IT can really improve someone's life if done right? We need to build trust in the system. We don't want forms of ID that can be harmful Desai's sit up the sort of shock tanks style pitch contests cold mission billion, how do you really leverage technology to solve some of these great problems like lack of identification? But while also mitigating against some of the potential risks like on privacy and data protection. Contestants from all around the globe came to the World Bank headquarters in Washington DC last week to pitch their ideas, digital ID's is an issue. That is arrived. We're we're joined right now by her Majesty Queen maxima of the Netherlands in a room over one hundred people some of them were hit sits to listen. Different languages. Can. We have a look at your. I d I know among the entries. There was a way of securely sharing your address online. There was a web based platform that lets you take control over how your daughter is used to even a game code ID land one consistent. Toby Norman, he sits off to the side. He's getting ready to pitch his idea to solve the trust problem. Give a pre pitch ritual. I usually try and take four really really deep breaths Vig as I can go Norman runs, a nonprofit called sim prints sim prince makes fingerprint scanners to register people for health services. But in Bangladesh, he hit a snag. How do you actually get genuine form consent from somebody who said maybe three to five years of education in their entire lives? He's made it into the final six for this World Bank. Contest. Welcome Toby on the stage. He explains how he and his team came up with a tool to use audio recordings of trusted local leaders to ask the consent rework Hyun is from the university designed a layered consent approach the pitch is received. Well, then the other finalists one idea was even developed by the inventor of the worldwide web. And after all six pitches is. Vena seem prince. Uelmen and his team win. The prize is fifty thousand dollars. But more importantly, it means attention, the governments of Rwanda and Uganda have reached out to Noman that's on top of the twelve countries. He and his team already working with Darren woods in via news.

Toby Norman World Bank Washington Darrien Woods Pakistan Johnny Desai Bangladesh Cfa Society CFA Uelmen Vena NPR Rwanda Official VIG Netherlands Noman India
U.S. Aid Agency Is Preparing To Lay Off Most Local Staff For Palestinian Projects

NPR's Business Story of the Day

04:03 min | 2 years ago

U.S. Aid Agency Is Preparing To Lay Off Most Local Staff For Palestinian Projects

"Support for this podcast and the following message. Come from CFA society, Washington DC, you've worked hard to grow your wealth. Make sure you're working with a wealth manager who has grown with you work with a CF h charter holder. Learn more at the right question dot org. We are revealing news this morning that shows the Trump administration's approach to Israel as Palestinians. The story involves the US agency for international development or USA. ID NPR has learned the agency is preparing to lay off most of its Palestinian aid workers in its West, Bank and Gaza mission NPR's Daniel estrin basis that revelation on US government communications that he has reviewed and Daniels on the line from Jerusalem. Good morning. Hi, good morning. What are these who are these USA ID people? And what are they doing? Well, there are about one hundred local staffers in the USA ID mission here, mostly they're Palestinian employees. They're also Israelis and the plan is to lay off all but fourteen of them this summer, and these are people who have been in this mission, which has been here for several decades. Trying to invest in the Palestinian territories investing in infrastructure in sewage in clean water and people trying to well, they say prepare the path for a peace deal and an independent Palestinian state. And it's a really emotional moment for people I've been speaking with who've been involved in these efforts because I well, I spoke with one Palestinian man who was on the verge of tears. He spent years working with US aid here. He says US aid had the resources the connections to open doors and invest and gave people hope that things were going in the right direction. And he says now, that's vanishing. Okay. Just to repeat that number. You said there's about one hundred staffers and it's go down to fourteen local staffers. Everybody else being laid off according to your reporting. How does that fit in? With the Trump administration's approach to Palestinians over the past couple of years. Well, this is really just the latest chapter in a very long saga kind of a diplomatic war. I guess you could call it between the US and the Palestinians. It goes all the way back to well when you were here Steve in Jerusalem when the US moved its embassy here Trump was backing Israel's claims to the city Palestinian leaders cut ties with the US said, the US can't lead a peace process. So then President Trump said, well, why do we give the Palestinians all this money when they won't cooperate with us? And then we started to see as the months went on the US cut all kinds of money to the Palestinians money for hospitals for cancer treatment money for food for poor people in Gaza, and and now all US aid projects for the Palestinians have stopped. I suppose this has been the Trump administration negotiating strategy up to now right in a fairly overt essentially saying to the Palestinians, take what you believe is a bad deal. Because if you don't we're just going to make the deal worse and worse. Yes. Well, they've also been saying you haven't seen the deal yet. And the Trump administration just yesterday said that it will be soon unveiling this long awaited peace plan at by early June at the earliest, and they're saying wait to see what the peace plan has in store. And then judge it is this peace plan likely to be consistent with what the Israeli Prime Minister Benjamin Netanyahu has been saying because of course, he made a last-minute election promise, very recently that he would begin annexing parts of the West Bank territory that Palestinians claim for themselves. Right. We honestly, we don't know. The White House is keeping their cards close to their chest. But they have said this plan is going to feature a big economic component economic investment in the Palestinian territories. And so going back to these USA layoffs expected it raises the question who is going to be on the ground here to oversee a US plan for economic investment. If economic aid experts are laid off, let's just go back and repeat Daniel. Strings revelation based on US government communications, and the government has confirmed it by the way of about one hundred local aid workers and US aid in the West, Bank and Gaza, all but fourteen are being laid off Daniel, thank you so much. Thank you NPR's. Daniel estrin is in Jerusalem.

United States Trump Administration Jerusalem Daniel Estrin NPR Gaza Israel Donald Trump USA Daniel Washington Dc CFA Prime Minister Benjamin Netany White House President Trump Daniels West Bank Usa.
FAA Officials To Meet With Airlines And Pilots To Discuss Boeing 737 Max

NPR's Business Story of the Day

03:28 min | 2 years ago

FAA Officials To Meet With Airlines And Pilots To Discuss Boeing 737 Max

"Support for this podcast and the following message. Come from CFA society, Washington DC, you've worked hard to grow your wealth. Make sure you're working with a wealth manager who has grown with you work with a CF HR holder. Learn more at the right question dot org. Here in Washington today. The Federal Aviation Administration is going to meet with airlines and pilots to talk about the troubled Boeing, seven thirty seven max airplanes, the planes are still grounded worldwide after crashes in Indonesia and THEO Pia killed almost three hundred and fifty people as NPR's Russell Lewis reports these talks come as Boeing says it's close to finishing a software update. The may allow the jets to start flying again when the seven thirty seven max entered service in twenty seventeen it had a new safety feature. The plane would sense if it was close to entering an era dynamic stall enforced the jets nose down. But it would do it without any commands from the pilots. That software called 'em Cass played a part in the two accidents. Dennis tater flies, the seven thirty seven for American Airlines and his spokesman of the Allied Pilots Association. We believe it was manageable. But you had to know what was going on. But we're learning more since the the opionion crash about just how. How aggressive this system was pilots of both doomed airplanes struggled to pull up before. Crashing in a simulated flight of a different version of the seven thirty seven a crew demonstrates how difficult it is to control an aircraft when it wants to fly pitched down. Three hundred bucks. Now binding. Struggling to keep this aircraft flying. The pilots in this simulation. Wrestle the plane for several minutes before they eventually gained control. Boeing says it has reprogrammed software on the seven thirty seven max to prevent it from using eroneous dated a trigger the M S anti stall system. Here's CEO Dennis Muilenburg speaking yesterday, we're taking a comprehensive disciplined approach and taking the time to make sure that we get it right Mullen. Berg says the company's test pilots have flown ninety six flights with this. Updated software and more are scheduled in the next few weeks yet, we know we can always be better. And these recent accidents have intensified our commitment to continuous improvement as we design build and support the safest airplanes in the sky that may be a long process near Jane teaches mechanical engineering at Purdue University. She's not involved with a software redesign, but says Boeing's challenges it needs to re engineer it systems. So pilots can have confidence and trust in the plains automation. We have to do a better and better job of than figuring out how to design those systems in a new way. So that they don't just technically correct things. But that they are also for lack of better word than being transparent to the human. And that's a piece that I think this is certainly a strong signal that there's a lot more that we have to do the FAA's meeting today is with executives and pilots of the three US airlines that fly the seven thirty seven max southwest United and American the agency says it wants to hear their concerns before it decides. When to return the max to service, Russell Lewis NPR news.

Boeing Allied Pilots Association Russell Lewis American Airlines Washington Dennis Tater Washington Dc Jets NPR CFA FAA Jane Dennis Muilenburg Theo Pia Cass Federal Aviation Administratio Indonesia United States Purdue University
Southern Border Closure Would Have Consequences For U.S. Economy

NPR's Business Story of the Day

04:14 min | 2 years ago

Southern Border Closure Would Have Consequences For U.S. Economy

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org. President Trump says Mexico and Central American countries are not doing enough to stop the flow of migrants. So he has issued this threat that they don't stop with flows. Ing the border. They'll close we'll keep a close for a long time. I'm not playing games. This is not the first time. President Trump is sounded that warning the border in San Diego was shut down for a few hours last year. This time though, the president hasn't followed through on the threat stopping cross-border traffic with one of the nation's biggest trading partners could do serious damage to the US economy. NPR's Scott Horsely reports retailers in San Diego got a small taste of what a border shutdown might look like last November. When members of a migrant caravan charged the border. And us officials closed one border crossing and response while that shutdown lasted only a few hours it came on. What should have been one of the busiest shopping days the year and fall out for local merchants was severe. I usually usually between thirty five hundred forty eight hundred dollars Chirnside Lewis Leumi runs at Sureau stand in a large alad mall, just north of the border nine out of ten customers their walk or drive over from Mexico. When that traffic was cut off for less than a day. The hit to the local economy top five million dollars. So Louis says if the border were closed for a full week he'd be out of business gum along with the ghost town closing the entire US border with Mexico would also put the brakes on more than one and a half billion dollars in goods crossing back and forth every day, including fifty million pounds of produce from Mexico. The now feels one hundred warehouses in Gallup's, Arizona. One importer warned the US would run out of avocados in three weeks. But guacamole is the least. Of it lands. Young Meyer who has the fresh produce association of the Americas says fresh tomatoes peppers melons eggplant for the whole country would soon be in short supply, probably over half of what most consumers put in their shopping bag when it comes to fresh produce. They would find reduced quantities and higher prices. Young Maier says the administration's already planning to halt truck traffic through new gals on Sundays as customs officers who typically staff the border crossing. There are reassigned to deal with the influx of Central American migrants. If that shutdown extends to other days of the week young Meyer worries some people will be out of work. There's jobs that depend on link goods back and forth every day, and if that's not moving those people are laid off, and that means those people are not able to keep lights on their own homes and the progress in their own refrigerator. So it gets really, thanks. He really quick and those facts are not limited to the border region. Mexico's a critical supplier for companies throughout the US, especially in the highly integrated auto industry, we don't just trade with I. Other were making things together. Christian g check to the center for automotive research says Mexico supplies thirty seven percent of all imported car parts in the US and more than seventy percent of some critical components g check says because some of those parts are central to a cars assembly without them factories would soon grind to a halt. And that in turn would idle domestic parts makers. We'll see auto production in the US down pretty quickly some within hours, and certainly the whole industry within days. G? Check says the fallout from a complete border shutdown would be so fast and so sweeping it's hard to take the president's threat seriously. But White House counselor Kellyanne Conway insisted on Fox News Sunday. It's a real possibility. And certainly isn't a bluff you can take the president seriously companies throughout the US routinely make contingency plans for supply disruptions, but it's impossible to prepare for something like a complete border shutdown. If the worst does happen g check joke. She does have one consolation a stockpile of tequila the can last for a while. Scott Horsely NPR news, Washington.

United States Mexico President Trump Young Meyer San Diego Scott Horsely Washington Cfa Society CFA NPR Chirnside Lewis Leumi Kellyanne Conway Young Maier White House Arizona Americas Louis
More Signs Point To An Economic Slowdown In The U.S.

NPR's Business Story of the Day

04:14 min | 2 years ago

More Signs Point To An Economic Slowdown In The U.S.

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org. There are some more signs this morning that the US economy is slowing down a new survey of business. Economists shows many of lowered their forecasts for economic growth this year. The Federal Reserve is also signaling a slowdown after a lackluster jobs report. And also some indications that both consumers and businesses are cutting back on spending. Let's talk with through with Scott Horsely. Who's with me either? Scott good morning so start with this this survey of of a communist and whites important. Yeah. It was conducted by the national association for business economics, which is a group of forecasters at work in a variety of industries and keep an eye on the economy as a group they are now predicting growth this year of just two point one percent down from just over three percent. Sent last year. And while that might not sound like a huge difference to hit if we're talking about twenty trillion dollar economy. Use different is a lot of money. We're talking about this also signals less confidence in the outlook than the group was showing just three months ago. They were already anticipating some tapping the brakes. Now, they expect that slowdown to be more. Pronounced jet. Kleinhans is with the national retail federation. He helped with the survey together our survey in a nutshell says that the Connie's momentum will moderate in twenty nineteen and perhaps considered it an inflection point going forward largely in part due to what the panelists believe trade policy. And a global slowdown is the primary reasons for the slower growth now, David we shouldn't overstate this. The forecasters are not anticipating a recession this year. But they definitely think three percent growth is in the rear view mirror and the economy is decelerating not picking up steam, and what about the fed? I mean, we always look at the fed every little tiny move or any? Thing they do that might suggest something about the economy. Do they seem to the fed lowered its own forecast for economic growth there? Also now predicting two point one percent this year. That's the kind of sluggish growth. We experienced for much of the last decade and fed chairman Jerome Powell pointed to some of the same caution flags that the NABC forecasters did he also talked about slower consumer spending. Although he said that could rebound since we do still have very low unemployment and workers have been getting somewhat better paychecks. Are we seeing some of these concerns play out on the stock market at this point? Yeah. The Dow tumbled about four hundred sixty points last Friday or one point eight percent, the S and P five hundred was down by a similar amount. And last week the bond market, flashed a warning sign ordinarily, David the yield or the interest rate on long term government debt is higher than the yield on short-term treasury bills, but Duke University finance professor Campbell Harvey said on Friday that ordinary pattern was flipped on its head. We don't see that occurred that often, but. But when it does it's almost always bad news. In fact, the last time it happened was two thousand seven just before the great recession now again Harvey's not predicting recession right now. But the fact that these rates are even close to each other is another indicator of slowing growth. So I mean for people don't follow this that closely Scott like or the or the I mean, it's been a pretty strong economy, or these just some cracks that might be small signs of trouble or or showed, you know. Should we really be getting worried here? It certainly suggests that the strong growth we saw in twenty eighteen is was a short-term blip. And that we are now seeing some slow down on the positive side David e actually raised its forecast a little bit for job growth this year. And if that pans out it could be good news because when you get faster economic growth is you hire more people and Scott Horsely correspondent on NPR's business, Scott. Thanks good to be with you, David. Support for this podcast and the following message. Come from the economic development authority of Fairfax county, Virginia where one in four jobs are in technology sectors. And where nearly sixty percent of adults have college degrees. More details at Fairfax county, EDA dot org.

Scott Horsely David E Federal Reserve Washington Cfa Society Fairfax County Jerome Powell United States CFA Campbell Harvey Kleinhans National Retail Federation NPR Connie Duke University
Crucial Votes Lead Up To Brexit Deadline Which Is 3 Week Away

NPR's Business Story of the Day

04:10 min | 2 years ago

Crucial Votes Lead Up To Brexit Deadline Which Is 3 Week Away

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org are European editor circulated a memo. The other day to help us game out coverage of this week in Britain, Prime Minister, Theresa May as trying to bring the UK parliament to some conclusion on Brexit, and the days ahead looked like a series of plays in American football, try to run left, and when that fails trying to run right? And when that fails throw the bomb it all starts with an effort to get lawmakers to approve a modified Brexit deal e you commission, president Jean-Claude Yonkers said Europe is offering better terms in put it takes. Sometimes you'll get the second chance you swap to do with the trends that counts because we'd be chops. Okay. So what will parliament do with that second chance and? PR's? Frank Langfitt is in London either Frank. Hey, good morning. Steve. How different are the terms that the parliament will vote on today a bit different? But the question is are they enough to actually change the mathematics? If you remember as we've we've talked before in January, the prime minister's deal went down to an historic defeat two hundred and thirty votes, she's going to have to get at least flip at least more than one hundred of those votes, obviously to get it passed tonight, and the changes there couple of changes, we should just go over them. The prime minister says she got legally binding changes from Brussels, which would prevent the UK from being trapped permanently in an e you customs arrangement. This is very important the United Kingdom, it's very afraid that it's going to try to do Brexit. But really not be able to get out of the U completely. And what we've already seen overnight is one of the opposition labor. Party leaders cure Starmer. He's an attorney very sharp. He's actually been picking apart the legal language and basically saying despite what the prime minister says this hasn't really fundamentally changed things. Okay. So one possibility is. That parliament suddenly embraces this modified deal soums are decides that it's it's good enough. But what if parliament does not what if they vote? No again. Well, if they vote no again, basically on Wednesday. They'll be a vote on whether to leave the European Union with no deal at all. And this would ease would not be the intention, obviously parliamentarians, but if they voted for this certainly most business and businesses and economists here saying you're voting to harm the economy because there have not been the preparation Steve at all really to manage on the twenty ninth. If suddenly these are two separate economies, you'd have customs inspections at the at the port of Dover and things like that. And so that is not expected to pass. Well, this is really interesting Frank because I gather what is happening here is through the series of votes, which our government might well lose to resume as trying to force Britain to in some democratic measure actually embrace an option. Right. She doesn't want to leave with heels. Yeah. Absolutely. And actually what I would say is she you all along she has said to parliament, we I know what you don't want. Tell me what you do want. But she has been running out of options, and that we're now less than three weeks away and the final option if these two things don't work would come Wednesday or Thursday and to follow your football metaphor actually would not be so much long bomb. It would be a punt basic low say, no seriously, it is a punt. And what she would say is do we just put this off? And of course, this is after two years of negotiations. So it would be really embarrassing for the United Kingdom. And the Hugh has said, you know, they'd have to agree to it. And also, not only that it wouldn't be a very long extension, and how would it actually help the country kind of come to a conclusion here? So none of that is clear at the moment in the next three days going to be really important. Okay. So the punt would be to ask for some kind of delay in the Europeans would have to agree precisely Frank thanks so much happy to do. It's that's NPR's. Frank Langfitt in London.

Parliament Prime Minister Frank Langfitt Brexit Steve London Britain Attorney Cfa Society United Kingdom Theresa May CFA Editor Washington European Union Football Europe Dover Jean-Claude Yonkers
China's Close Government-Business Ties Are A Key Challenge In U.S. Trade Talks

NPR's Business Story of the Day

04:46 min | 2 years ago

China's Close Government-Business Ties Are A Key Challenge In U.S. Trade Talks

"Support for this podcast and the following message. Come from CFA society. Washington DC does your wealth manager measure up a CFA charter holder. Does they have the investment expertise to unlock opportunities? Other advisers might not see learn more at the right question dot org. US trade talks with China face, a fundamental problem. The two countries are negotiating to end trade war was triggered by President Trump's demand for better terms. Now, it's easy for the Chinese to say promise to buy more US goods. They've got the money, but it's hard for China to alter a basic fact of its economy, unlike the US government, China's government owns half the country's largest companies and many receive big subsidies that is the advantage. The United States wants China to give up NPR's gyms rolling reports. Michael Korch, mar runs a company that makes travel bags and briefcases. It's been in his family for four generations over the years. He has watched one company after another in his feet. We'll go out of business, and for those that survive, or it means you lose I lived it. We lost. We had five hundred people employed in the US, and we went down to five Korch Marseille big problem for companies like his brutal competition from Chinese rivals. He says they can undercut his prices because they're subsidized by their government. And this is at the heart of the current trade talks the extent to which China props up its companies just last week. Massachusetts congressman Richard Neal who heads the powerful House Ways, and means committee spoke about it, the China that we trade with and compete with today is very different from the one that we had hoped would emerge. China's economy which has taken on some market characteristics remains fundamentally state directed. More than half of China's biggest companies are owned by the government. They include essential sectors, like railroads energy shipbuilding and telecommunications like government officials also maintained strong ties to. Private companies says Jennifer Hillman of Georgetown, University Law Center, they're able to direct resources and push resources into those industries in those entities that they are trying to favor Hellman notes that communist party members sit on the board of virtually every big Chinese company, the four largest banks are controlled by the government, Mark. Woo of Harvard Law School says even when a Chinese company is privately-owned it works hard to stay in Beijing's. Good graces people understand what the objectives are in Vail operate within those confines. It's especially true when the state exerts strong of control over the key elements of the economy as the Chinese economy still does it wasn't supposed to be this way when China joined the World Trade Organization in two thousand one it agreed to reform it system to become more free market, but Patrick show Vanik of Silvercrest asset management says events of the past decade have made China more confident about its own system in the wake of two thousand. And eight financial crisis. China took a different look at what it's economic model should look like and a model that was more state-driven looked a lot more attractive to them under president Xi Jinping, the government's role in the economy has only gotten bigger US officials say these policies violate the spirit if not the letter of trade law and they've pressed Beijing to stop subsidising businesses. But the ties between the government and business in China can be okay. So Vanik says Chinese officials know how to give preferential treatment of their own companies at the expense of outsiders without leaving their fingerprints anywhere. They will just say, well, there's a slowdown in inspections of this type of product from your country. It's for safety. It makes it hard for the you didn't turn around and say, okay, you're engaging in an elective because there's complete deniability Harvard's, Mark. Woo says the Trump administration needs to be realistic about what it can achieve too. The extent were expecting major fundamental structural reforms. That's going to be very difficult to obtain because they see this governance structure as having been vital for both their political economic successes. Woo says China believes it's economic model has served the country. Well, and it's not going to give it up easily. And that means US trade negotiators have their work cut out for them. Jim zarroli NPR news. Support for this podcast and the following message. Come from Comcast business having the nation's largest gig speed network was just the start. Now, they're providing gig fueled apps and solutions that exceed expectations and help businesses perform Comcast business beyond fast.

China United States Michael Korch WOO Beijing Comcast Cfa Society President Trump Washington CFA Vanik World Trade Organization Congressman Richard Neal Massachusetts Harvard Law School Vail NPR Korch Marseille Jim Zarroli Communist Party
"cfa" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:26 min | 2 years ago

"cfa" Discussed on Bloomberg Radio New York

"That your approach and it's not just value investing. It's trend following its momentum. And best thing, it's quality. Investing is a whole lot of different things that do well, but only over long periods of time, you said that this year's winning research paper at the conference was buffets alpha. Yes. So so this comes from the CFA institute all the market analysts and people who are professional researchers who have gone through the whole process, they submit papers on a regular basis, a group from a QR had the winning paper was titled buffets alpha, and they looked at the holdings of Berkshire Hathaway to figure out where does Warren Buffett's outperformance come from. And it turns out that he invests in safe inexpensive stocks, but he does. So with a little bit of leverage about one point seven times is his leverage. And that means you're ending starting with a relatively low risk portfolio. But adding some risk with the leverage, but the risk is really moderated because brochure so strong. They have so much cash on hand the average person will go out. And buy stocks with leverage. Hey, run real risk. Then in a drawdown, you may have to put up additional capital. That's not a problem for Berkshire Hathaway, so he understood the math behind this. He understood the upside of the model as well as what sort of draw downs, you're going to have to live through and he was willing to look foolish for long periods of time when that portfolio underperform, but really over the fifty years that he's berkshire-hathaway talk about investing for the long haul and over that period of time that group of holdings structured, the way he structures his portfolio has done as well or better than any other actively managed portfolio out there. So tell us what the lessons are from Warren buffet that we should all have. So so the lessons are pretty manifested its from buffet it's from twenty eighteen being such a challenging year. And it's from. These folks who are otherwise rocket scientists in some cases, literally really coming from Jet Propulsion labs NASA now to work in finance that if you have a particular investment style, and and maybe it's indexing or maybe it's a value investing. Or maybe it's micro cap that whatever it is nothing is static. The markets are are very dynamic and cyclical and even the best investing strategy will go through periods and occasionally long periods where it's just not working, and you have to be willing to say I'm gonna stick with this because I know over long periods of time, it's gonna work. That's not always easy to do. When you look and feel really really stupid. It all comes down to what's the basis for adhering to a particular style. It can't be fashion. You can't be when you have to look at long periods of time and under. What a century of data means and not just hey, this sector did really well Tuesday therefore.

Warren Buffett Berkshire Hathaway CFA institute Jet Propulsion NASA fifty years
"cfa" Discussed on Radical Personal Finance

Radical Personal Finance

03:55 min | 2 years ago

"cfa" Discussed on Radical Personal Finance

"Global operations and more corporate finance equity investments, fixed income, derivatives, alternative investments portfolio management of wealth planning. So this the charter financial analyst credential is very clearly focused on investment analysis. So you said that you have an interest in personal finance the. CFA is not about personal finances about investment Alice's. So you might benefit from the information. And if you don't have another studied another study program that you're engaging in certainly could be of help to you. But if you're interested in personal finance will not will not serve you in that where I could see it is if you are interested in investments, you like it you could sign up for it, and you could benefit from that structure curriculum, and if you like to have it as a backup career plan, then I think it certainly is very, very helpful. Because if you were to go into the investment marketplace with an MBA, and you have a lot of career doors that are open to you with that credentials -ation. So just a matter of how much you like studying investments? Yeah. Okay. Yeah. And for that. I appreciate it. I it seems like every year I kind of waffle twinkle. Oh, do or show on obviously the see appeal also come up give him interesting personal finance, but I don't necessarily wanna go be potential buys either. So so anyway, that's kind of where I'm not. Other than your other than your NBA. Do you have any other credentials and in the financial space? I did in the past. I did how the series seven hundred sixty three, but that expires just my thought on on credentials. Obviously, I got a bunch of them. But they were important to me at a time in my life. Where I felt like I was it was kind of fighting for recognition. They were specially important to me when I was young. I was so young working in a financial as a financial adviser that I didn't have the confidence that more mature men and women would have simply due to their age. And so I felt the need to burnish my confidence by excessive overcrowd- ential ization. And that really helped me at a stage in time today being older. I don't I don't need that. I don't care. My confidence is not based on those credentials and degrees. Now if I were actively. I dropped my CFP prudential. Because why do I am I going to maintain this thing and pay them? They're hundreds of dollars per year. When anybody who wants to know if I'm competent or not can listen to fifteen minutes of radical personal finance? So the only reason I would it would have it is if I were actively working in the business beyond that it just becomes burdensome to stay current on all your continuing education to pay them their annual fees. You look at it. And you say, okay, I'm going to pay them whatever I don't know what the CFC's are. But I'm not going to pay them every year. They're they're five hundred dollars to maintain. This thing that I'm not even putting on a business car that nobody really knows about. It just doesn't seem like there's like there's that much benefit to it compared to the cost, and I would say the problem with programs like the CFA is you really only need a structured program if you want to have a broad based view of the market. So let's say that you are super interested in in. I mean, do you have an investment area of areas investment interests? It's interesting to you personally. I don't know I've been getting in a little bit more like this in value stocks and dividends sorta stocks, but no I don't have to. But I've been reading some books on that got your point. I could really dive in more on that. Right. And so that kind of thing will appeal to your area of interest. And when you don't go through the when you don't go through a program, if you just investing your own money, you can read closer to your interest. If you're interested in value investing, then you.

CFA financial analyst Alice NBA five hundred dollars fifteen minutes
"cfa" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:24 min | 2 years ago

"cfa" Discussed on Bloomberg Radio New York

"On your finger? CFA ladies. Why are we seeing so much weakness in some of these domestic companies in the Russell two thousand? But I think if you look at some of the larger indicators of the US economy despite Larry's assessment that were gangbusters the US economy is growing stronger than most of the rest of the world. But some of the major indicators of the economy, durable goods housing capital expenditures have begun to roll over an all around the decline. So it's great to see that the US retail consumer is is buying clothing, for instance. But in the big ticket items, which are really support the economy. The big spend the heavy duty autos as well around the decline. So all of these all of these big data sets to potentially declining growth in the second half. Which would not be good for domestic stock. Vincent, cigarroa global macro strategist for Bloomberg and fully pay Hernandez Latin America. Economists for Bloomberg economics both of unites enough to join us here in our Bloomberg interactive brokers studio have a great weekend. I'm sure we will be talking to you again soon so tailored just taking a look at what are among the most read stories and happily for us. A couple of stories are going to be talking about later in the show Eddie Lampert the Sears saga. This. Headline grabs me Eddie Lampert. Read the worst trait of his life. All the way down. We're going to hear from Cathy Burton on that one coming up another stray I wanted to point out that we may get into a little bit later with Peggy Collins Leon blacks Apollo money machine. Sparks Wall Street blood feud this concerns Athene, you know, high loved to talk about the ins and outs of private equity. That's another good one. We got stocks, obviously dominating the conversation as well. And tesla don't forget. When was the last time, we talked about tesla we won a few days without talking about it. Exactly. So we've a great story out that they're they're model. Three output is topping the one. Nine hundred thousand dollar Mark finally a win for Elon Musk. This is on the shadows of the SEC settlement that is working through us. We took a few days away from tesla I'm gonna come back to it. And there, and there's some good news fewer tweets, better news, amazing how that works out. All right. Let's get some world and national.

US Eddie Lampert tesla Bloomberg Bloomberg interactive brokers CFA Russell Elon Musk Larry Sears Peggy Collins Leon Cathy Burton SEC Vincent Hernandez Latin America Mark Apollo Nine hundred thousand dollar
"cfa" Discussed on KQED Radio

KQED Radio

01:34 min | 3 years ago

"cfa" Discussed on KQED Radio

"The early seventies commission prices were fixed you discount a commission if you wanted to it was actually a legal regulation and once that change suddenly everybody predicted the end of the world to finance oh my god what's going to happen they're gonna start cutting prices and that that is what happened you cut prices people were more people were able to access the capital markets it worked out really well and every few years we go through one of these major innovations not too long ago atf's didn't exist we take for granted that wait for five bucks i could go out and buy an etf of every major index i want that's a shocking change that that has also had significant impact and we've seen especially from the academic world to finance we've seen changes in in how we think about what drives market gains and you know the pharma french model is something that everybody who studies for an mba or a cfa learns about but it turns out that we actually know what causes specific stops in markets to go higher and sometimes that gets reflected in financial products and sometimes it doesn't and so as we go through this process of these convulsions you know maybe the not maybe definitely the financial services industry became too large became to outsized it became too overcompensated it was the tail that was waiting the dog it.

atf cfa
"cfa" Discussed on KQED Radio

KQED Radio

01:35 min | 3 years ago

"cfa" Discussed on KQED Radio

"In the early seventies commission prices were fixed you couldn't discount a commission if you wanted to it was actually a legal regulation and once that change suddenly everybody predicted the end of the world to finance oh my god what's going to happen they're gonna start cutting prices and that that is what happened you cut prices people were more people were able to access the capital markets it worked out really well and every few years we go through one of these major innovations not too long ago atf's didn't exist we take for granted that wait for five bucks i could go out and buy an etf of every major index i want that's a shocking change that that has also had significant impact and we've seen especially from the academic world to finance we've seen changes in in how we think about what drives market gains and you know the pharma french model is something that everybody who studies for an mba or a cfa learns about but it turns out that we actually know what causes specific stops in markets to go higher and sometimes that gets reflected in financial products and sometimes it doesn't and so as we go through this process of these convulsions you know maybe the not maybe definitely the financial services industry became too large became to outsized it became too overcompensated it was the tail that was wagging the dog it used to.

atf cfa
"cfa" Discussed on Invest Like the Best

Invest Like the Best

02:07 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute whoa whoa whoa whoa whoa whoa whoa hello and welcome everyone on patrick or shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor field guide dot com patrick o'shaughnessy is a principle and portfolio manager at a shaughnessy asset management all opinions expressed by patrick and podcast guests are solely their own opinions and did not reflect the opinion of wish osce asset management this podcast is for informational purposes only and should not be relied upon as bases for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast oh i guest this week a shield tile which is twenty six years old has already had a successful career in venture capital his most recent stent was as the cohead of the seed investing business at any a the largest venture capital firm the world where she was also a partner now she'll have set off on his own sitting up his own firm called amp low and having recently raised one hundred million dollar venture fund where he is the sole general partner he aims to invest with young missiondriven entrepreneurs with a global focus as you can tell from this resume which also includes a degree from stanford and a law degree from harvard this is one ambitious guy there are several aspects of this conversation that will really stick with me specifically his points on networking and the smartest decision he seen entrepreneurs make i also loved our discussion of some of the same trends we export last week with chris dickson topics like drones automated cars and.

cfa institute patrick o'shaughnessy venture capital venture capital firm partner stanford law degree harvard financial markets financial analyst shaughnessy portfolio manager chris dickson one hundred million dollar twenty six years
"cfa" Discussed on Invest Like the Best

Invest Like the Best

02:07 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute whoa whoa whoa whoa whoa whoa whoa hello and welcome everyone on patrick or shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor field guide dot com patrick o'shaughnessy is a principle and portfolio manager at a shaughnessy asset management all opinions expressed by patrick and podcast guests are solely their own opinions and did not reflect the opinion of wish osce asset management this podcast is for informational purposes only and should not be relied upon as bases for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast oh i guest this week a shield tile which is twenty six years old has already had a successful career in venture capital his most recent stent was as the cohead of the seed investing business at any a the largest venture capital firm the world where she was also a partner now she'll have set off on his own sitting up his own firm called amp low and having recently raised one hundred million dollar venture fund where he is the sole general partner he aims to invest with young missiondriven entrepreneurs with a global focus as you can tell from this resume which also includes a degree from stanford and a law degree from harvard this is one ambitious guy there are several aspects of this conversation that will really stick with me specifically his points on networking and the smartest decision he seen entrepreneurs make i also loved our discussion of some of the same trends we export last week with chris dickson topics like drones automated cars and.

cfa institute patrick o'shaughnessy venture capital venture capital firm partner stanford law degree harvard financial markets financial analyst shaughnessy portfolio manager chris dickson one hundred million dollar twenty six years
"cfa" Discussed on Invest Like the Best

Invest Like the Best

02:08 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute whoa whoa whoa whoa whoa whoa whoa hello and welcome everyone on patrick or shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor field guide dot com patrick o'shaughnessy is a principle and portfolio manager at a shaughnessy asset management all opinions expressed by patrick and podcast guests are solely their own opinions and did not reflect the opinion of wish osce asset management this podcast is for informational purposes only and should not be relied upon as bases for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast oh boy yesterday's joanne wilson a new york city based angel investor writer podcast her transponder and selfdescribed woman around town joanne has had a multifaceted and winding career and begin angel investing a decade ago when she put money into new york city based media company curbed media which we discuss in detail since then she's invested in more than ninety companies and been pitched by countless more she's an instantly likable person you can literally tell in ten seconds you're gonna have a great conversation so it's no surprise that part of what makes her unique among angels is a very close relationship with many of the founders she backs we cover a lot of ground we talk about personality traits of entrepreneurs joannes evolving investment style her focus on female founders fashion business models restaurants and a lot more please join my conversation with the gotham gal joann wilson.

cfa institute patrick o'shaughnessy joanne wilson media company joann wilson financial markets financial analyst shaughnessy portfolio manager new york writer gotham ten seconds
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:38 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick or shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor fuel guide dot com kachika shaughnessy as a principle portfolio manager at a shaughnessy asset management all opinions expressed by patrick and podcast guests are selling their own opinions and did not reflect the opinion of the shaughnessy asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients at the chace asset management maintain positions in this case discussing this podcast i guess this week is brad coetzer yama the founder of the i e x exchange in the protagonist of michael lewis famous book flash boyce which chronicled the role high frequency trading in markets this conversation was yet another reminder of how complicated markets can be in the very few participants know all aspects of the process wealth.

cfa institute patrick portfolio manager founder michael lewis financial markets financial analyst shaughnessy brad coetzer
"cfa" Discussed on Invest Like the Best

Invest Like the Best

02:08 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor field guide dot com on catching a shaughnessy is a principle and for portfolio manager in a chassis asset management i'll opinions expressed by patrick impact cast guests are selling their own opinions and did not reflect the opinion of a shaughnessy asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast the investment strategy discussed in this week's episode is diametrically opposed to my own value tendencies but it is still one that has done exceptionally well my guest is david garter cofounder of the motley fool he's unique in these both pure investor a truce stock junky and an entrepreneur his energy is remarkable his positive vibes are really something to behold you'll hear it over audio but it's even more palpable in person our conversation is about finding companies which are breaking rules in the right way and reshaping industries david schools to find these companies early and hold them forever if you love investing you're gonna love this conversation regardless of your private lease please enjoy my talk with david gardner on rulebreakers the experiments i'll call them that you've run in your podcast of things that you keep returning to.

cfa institute patrick shaughnessy david gardner financial markets financial analyst portfolio manager david garter
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:48 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone i'm patrick shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date and investor field guide dot com catching a shaughnessy is a principle in portfolio manager in a chassis asset management i'll opinions expressed by patrick and podcast guests are selling their own opinions and did not reflect the opinion of a chassis asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast i guess this week is favor who started the podcast similar to this one right before mine and was a big reason i was open to the idea in the first place meant as a quantitative researcher who's firm cambria has been behind many interesting investment strategies the break the wall street mold we talk about investing factors dividends angel investing podcasts and more this was a fun catch up with a close friend of the industry who has been a leader in using data to explore the best potential active strategies in a variety of different asa classes.

cfa institute patrick shaughnessy portfolio manager researcher financial markets financial analyst asa
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:32 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone i'm patrick or shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date and investor field guide dot com catching a shaughnessy is a principle in portfolio manager in a chassis asset management i'll opinions expressed by patrick and pat cast guests are selling their own opinions and did not reflect the opinion of a chassis asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast press this week dodie three introduced in celebration of the one you're in rooster invest like the best i ask josh brown might fat nick and berry ritholtz to join me for an hour during which i spend more time laughing that asking questions.

cfa institute patrick shaughnessy portfolio manager josh brown financial markets financial analyst berry ritholtz
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:43 min | 3 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best the show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date and investor field guide dot com catching a shaughnessy is a principle in portfolio manager in a chassis asset management i'll opinions expressed by patrick and podcast guests are selling their own opinions and did not reflect the opinion of a chassis asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast i guess this week his pat dorsey who was the longtime director of research at morningstar where he specialized in what we call economic moats sources of sustained competitive advantage that allow a few companies to deliver huge returns over time several years ago he left morningstar to form his own asset management firm dorsey asset management and build a portfolio of companies with wide moats like those he studied at morningstar.

cfa institute patrick shaughnessy portfolio manager pat dorsey morningstar financial markets financial analyst director of research dorsey
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:40 min | 4 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best this show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay uptodate and investor feel guide dot com on cotonou shaughnessy is a principle and portfolio manager in a chassis asset management i'll opinions expressed by patrick impact cast guests are selling their own opinions and do not reflect the opinion of a chassis asset management his podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of assassin management maintain positions in this case discussing this podcast before we begin there's something else that i want to bring to your attention i am working on a new project codenamed frontier and i'd like you to be involved the honest truth is that i am not yet sure what frontier will be other than a means to connect what has become an insane network of smart interested and interesting people who can all stand to learn from one another.

cfa institute patrick shaughnessy cotonou shaughnessy financial markets financial analyst portfolio manager
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:40 min | 4 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best this show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay uptodate and investor feel guide dot com on the cotonou shaughnessy is a principle and portfolio manager in a chassis asset management i'll opinions expressed by patrick impact cast guests are selling their own opinions and do not reflect the opinion of a chassis asset management his podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of assassin management maintain positions in this case discussing this podcast before we begin there's something else that i want to bring to your attention i am working on a new project codenamed frontier and i'd like you to be evolved the honest truth is that i am not yet sure what frontier will be other than a means to connect what has become an insane network of smart interested and interesting people who can all stand to learn from one another.

cfa institute patrick shaughnessy cotonou shaughnessy financial markets financial analyst portfolio manager
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:40 min | 4 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best this show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay up to date at investor feel guide dot com on catching a shaughnessy is a principle and portfolio manager in a chassis asset management i'll opinions expressed by patrick impact cast guests are selling their own opinions and do not reflect the opinion of a shaughnessy asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in the securities discussed in this podcast have often joked that this show should be called this is who you're up against because i am so often having conversations with brilliant people across the investment landscape were effectively by competition and yours this week's conversation fits that description because it gives you an inside view the how things work among some of wall street's most competitive investment firms.

cfa institute patrick shaughnessy financial markets financial analyst portfolio manager
"cfa" Discussed on Invest Like the Best

Invest Like the Best

01:43 min | 4 years ago

"cfa" Discussed on Invest Like the Best

"This podcast is sponsored by cfa institute the global association of investment professionals whose mission is to lead the investment profession by promoting the highest standards of ethics education and professional excellence for the ultimate benefit of society cfa institute serves a global community of investment professionals working to build new investment industry were investor's interests come first financial markets function at their best and economies grow the charter financial analyst credential is the most respected and recognised investment management designation in the world the views expressed in this podcast do not necessarily represent the views of cfa institute hello and welcome everyone on patrick shaughnessy in this is invest like the best this show is an openended expiration of markets ideas methods stories and of strategies that will help you better invest both your time and your money you can learn more and stay uptodate and investor feel guide dot com on the cotonou shaughnessy is a principle and portfolio manager in a chassis asset management i'll opinions expressed by patrick impact cast guests are selling their own opinions and do not reflect the opinion of a chassis asset management this podcast is for informational purposes only and should not be relied upon as basis for investment decisions clients of a chassis asset management maintain positions in this case discussing this podcast this week's guest is will thorndike an author and investor who's book the outsiders is an all time favorite of my or conversation is in two parts i we dive deep into the lessons of his eightyear research project setting ceos who were master capital allocators these ceos include henry singleton john malone tom murphy katharine graham and warren buffett.

cfa institute patrick shaughnessy cotonou shaughnessy financial markets financial analyst portfolio manager henry singleton john malone tom murphy katharine graham warren buffett