17 Burst results for "Chris Almond"
"chris almond" Discussed on WSB-AM
"And so much of the left these days paints with such a broad brush. My I got a real concern that a lot of people on our side have started painting with too broad a brush in response. To it. And that Z one of my reasons to try to chalk it and this gosh, this is why I love having this clock where I'm not having to stop every couple of minutes. So you'd have a more nuanced covers issue because life is always more nuanced, and I realized we all wanna be dogmatic and pound our chest and say, But, you know, the police issue in this country is one that affects us on a daily basis. And there are a lot of people who are being dissuaded from joining the police force. Because of the left attacks on the police. And we we need. We need to have have their back if we can, but we also do need recognize their areas for reform, and we should be willing to have those areas of perform. You know, As a matter of fact, I'll tell him myself. I was in a fender bender yesterday. It was my fault. I realized I know lawyers. You're cringing me admitting it, But it really was the guy in front of me was we were at a at a turn and he was turning and he went forward. So I turned to look on dsi if the car was coming so that I could go and I didn't see that he had slammed on his brakes in front of me. Um and I went forward and bit his rear and he bit my front and both of us were totally fine. Our cars were I mean, got damage done. Insurance will take care of it. Very, very nice guy That was in his car listening to Clinton back. What a very nice guy. Uh, but, um, the police showed up. It was a a white, female or blackmail. They were as nice and helpful us. They could be genuinely decent people. Who had this was their fifth car wreck of the day they were dealing with. They were overworked. They're understaffed. They're exhausted the the young male officer. He's got a one year old. And it was talking about how he is so worn out. He's working double duty right now, because they don't have enough police. He's been dealing mostly with vehicular issues. Uh, hey, hasn't got a lot of crime stuff. They've got a different division for that, and the woman was told me she's just she is at within. She was as nice as she could be. But she's just like we are. We're absolutely overworked. We don't have enough people. And they were they were just they were pleasant to deal with. They were understanding it was It was very, I mean, they were with us for maybe 10 minutes. All they had to do is is they had to get our information for the accident report. I was like, Yeah. Hey, was going forward. I looked to see if someone was coming. Didn't realize he had stopped. I went forward and my car hit Hiss. They were super great. Everybody was fine. And they just I chatted with a very briefly. And they're so overworked. I felt so bad for him to be that overworked and still be as kind as they were was was something and I just they're re there. There's room for police reform in the country, and I don't think we on our side. She dug her heels in to say no, no, no, because they're bad. I think that we should actually be willing to say we need to do we need to stand up. We need to consider reasonable reform, but it needs to be reasonable. Defunding. The police is nuts. Having social workers tag along with them for everything is nuts. Maybe we don't need to militarize our police forces. But in some cities you do because the criminals or militarized and you need the police to be able to defend themselves and you Maybe just maybe this is this is a crazy idea. Maybe we should consider Federalism s a way to deal with the problem and let each state come up with their own solution. He is my go to for local politics. Erick Erickson New 23 weekdays on 95.5 WSB Atlanta's news and talk. This is a traffic red alert. I'm 95.5 w S b 12 49 a cool break area. WSB 24 hour Traffic center Red Alert continues west side of town Folding County 25 North bound interlude, Graham to I 20 westbound completely shut down with an overturned dump truck again. A red alert. Overturned dump truck Has the 25 north down interlude. Graham to I 20 westbound completely closed. This is in Fulton County. Right now, authorities on scene trying to get this debris out of the roadway. So that's what's taking so long. You're jammed up on 25 north found the inner loop starting a cascade. And then 25 South found the outer loop. Your delay start around South Atlanta Road. Now the downtown connector. You can use that. But that's slow in both directions. 75 85 north and south moving elsewhere. You gotta travel advisory because you've got a crash 95 south out of you for Dr That's exit four. Right lane taking out their use. I 85 or Buford highway. I'm Veronica around 95.5 wsb. I'm here with Chris Hoffman of the Hoffman financial group. Chris, There's a disagreement among financial advisers. Some say for safety. You need cash. Others say no. Any bonds for safety. Where do you fall there? Chris Almond Mom on Mars. I mean, I don't identify with either one of those plans at all you know, And I just don't understand how Wall Street keeps banging this drum caches, protection and liquidity. All right. That's the reason you put money in cash. So if you can find the same thing that cash does for you, but you can engage your money and make you know 3456% a year. Wouldn't you take advantage of that? I would think and Bonds are dead money. I don't believe they're going to pay you anything moving forward. If you raise interest rates, bonds fall, So we're assessing new portfolios that we've see. And we're asking the question of everybody that comes in Why do you have bonds in your portfolio? Are they generating enough income for you? And do you need that income? Or is it just because Wall Street's convinced you that that's the way you protect? So the idea of cash Bond CD's I mean your term dead money. How much dead money do you have in your portfolio? Right now? I see massive amounts. Ugo and our advisory team see massive amounts. And if you're listening right now, I challenge you to call us and have us do a portfolio X ray to show you how much dead money you have in your portfolio. You've got to engage your dead money. Get reasonable rates of return with heavy layers of protection and what you're dead money to work with a complimentary portfolio X ray with the Hoffman.
"chris almond" Discussed on WSB-AM
"You need cash. Others say no. Any bonds for safety. Where do you fall there? Chris Almond Mom on Mars. I mean, I don't identify with either one of those plants at all. No. I just don't understand how Wall Street keeps banging this drum caches, protection and liquidity, All right, That's the reason you put money in cash. So if you can find the same thing that cash does for you, but You can engage your money and make you know 3456% a year. Wouldn't you take advantage of that? I would think and Bonds are dead money. I don't believe they're going to pay you anything moving forward. If you raise interest rates, bonds fall, So we're assessing new portfolios that we've see. And we're asking the question of everybody that comes in Why do you have bonds in your portfolio? Are they generating enough income for you? And do you need that income? Or is it just because Wall Street's convinced you that that's the way you protect? So the idea of cash Bond CD's I mean your term dead money. How much dead money do you have in your portfolio? Right now? I see massive amounts, you know, and our advisory team seem massive amounts. And if you're listening right now, I challenge you to call us and have us do a portfolio X ray to show you how much dead money you have in your portfolio. You've got to engage your dead money. Get reasonable rates of return with heavy layers of protection and what you're dead money to work with a complimentary portfolio X ray with.
"chris almond" Discussed on WSB-AM
"Others say no. Any bonds for safety. Where do you fall there? Chris Almond Mom on Mars. I mean, I don't identify with either one of those points at all. And I just don't understand how Wall Street keeps banging this drum caches, protection and liquidity. All right. That's the reason you put money in cash. So if you can find the same thing that cash does for you, but you can engage your money and make you know 3456% a year. Wouldn't you take advantage of that? I would think and Bonds are dead money. I don't believe they're going to pay you anything moving forward. If you raise interest rates, bonds fall, So we're assessing new portfolios that we've see. And we're asking the question of everybody that comes in Why do you have bonds in your portfolio? Are they generating enough income for you? And do you need that income? Or is it just because Wall Street's convinced you that that's the way you protect? So the idea of cash Bond CD's I mean your term dead money. How much dead money do you have in your portfolio? Right now? I see massive amounts. Ugo and our advisory team seem massive amounts. And if you're listening right now, I challenge you to call us and have us do a portfolio X ray to show you how much dead money you have in your portfolio. You've got to engage your dead money. Get reasonable rates of return with heavy layers of protection and what you're dead money to work with a complimentary portfolio X ray with the Hoffman Financial.
"chris almond" Discussed on The RIFT Radio Podcast Network
"And they're so port. Twenty four seven. I am the cosmic surfer himself. I am the hitman blog. Talk radio along with my ladies cat cam and we're here to you up. Who we do of. Kim backs isn't a ho. You should get the know. No we did. We absolutely missed you absolutely or that'd be bad. Yeah great now now one. I got to come after me when elite side. That's all right. It's not like he doesn't come boy. I got my good old steam punk panties on. We're all good nine or we'll do get a little bit of least them but the lace is kinda changed so it kinda tapers. Yeah but it works. It works you all good yeah We want to thank you all to show We broke into twenty twenty one with a new attitude new new vibe new energy and we want to take you guys with us on this next journey we have so many people we wanna think i'm gonna be the purpose i'm gonna bring back the years. I wanna make sure everything is said. Improperly that i've got to change out glasses 'cause i'm so old it's my good On the hit list twenty twenty one hit list. We want to see special. Thank you to liz. And steve costlo to know. Currently according in rock steve wight steve promoter Also toward allow pod been. Of course we said. Ryan and dittus sharing phillips shearing robert. Milkin jimmy good say To bonnie boggs and scott her. Shelly sprouse melissa. Leaper chris almond. Oh mark williams. Kristen belsen Jean willes jerry. Pritchard christina's sheets bernie population and brittany ferguson And ms hernandez we see ya. We stay caroline. Kohn you out to miss sherline and is up there into schilling. Hernandez's well To bill perry Christie goings teena. Marie end there's laughter coming from the studio get some monkey black powder journalist on danny's Nyman there is say that he he refers to the panty. Hey if it fits Eh good take you kimberly. We mentioned out means. George boxers men yeah underwear right if i just remain many manly words. Are we really talking about underwear. Todd mandalay show you think panties you think you know. Maybe i'll like a little cold In the freezer go into freezer at night locations Out man locations such as be drawers their little butter feeling good We wanna take some imagine New mosque family Not much.
"chris almond" Discussed on Capital Allocators
"It's not like I'm I'm not giving you a revelation here. We were writing a story about am I. Oh the internal fund tied to Mckinsey. It's a lot of retirement. Money Partners capital a consulting firm that also does like advising of distress companies. There's some inherent conflicts there and we're not the only ones who cover this the Wall Street Journal and the New York Times covered it very well as well but we have. Obviously this is right in our wheelhouse. This is that money is being allocated to asset managers and so we had a freelancer dig into it. And you start asking questions we asked Mackenzie a set of questions and they had worked with a firm called Brunswick another firm I really respect and they have a new CEO. Nick Diogo. Who I've worked with when he was at CNBC A lot of respect for nick but when it became apparent that we were writing a not entirely favorable story to them it was a strategy? I had only seen once and never used in this way. My general counsel started receiving letters from McKenzie lawyers. And they're never outright saying. We're going to sue you. But they were and I view a letter coming from a lawyer. Talking about an article is an implied threat threat to sue. If they don't like the article and at the same time McKinsey or a group within McKenzie hired another person on a guy named Mike Citric mckittrick. I've spoken time now again. Always pleasant with me but Mike Sue Trick is hired in some tense circumstances. It's public record that Mike at one point represented Jeffrey Epstein. I'm perhaps some other unsavory clients and so we kept getting these letters. And My General Counselor Service saying what are you guys writing about and I said we are doing everything as we always do. We're reporting were asking for their feedback. Any article that we are ready to publish will always be run by our lawyers to make sure we're adhering to American law and in this case because we also received a letter from a UK UK based law firm representing Mackenzie easier to sue for slander in the UK we ought to have a check against UK law and I think that the PR team behind Mackenzie and their lawyers thought that we would not publish or at the very least dull down the story because we were afraid of them are response. was to tell just what I told you in the article. The article is called story. Mckinsey didn't want written. And then we started the story by saying during the reporting of this piece. Mackenzie sent multiple threatening letters to ensue investor. We stand by this piece entirely and they have not pointed out one error with the peace so that was the most extreme version of PR legal and a company in my opinion trying to put pressure on someone not to publish something that was true. I've seen it one. Other instance don't want to go into it because they are so litigious us but I fear that that will become more common and it's not in allocators interest in the end to have only content content coming from asset managers. They need independent third parties. Whether it's your podcast whether it's PSI whether it's The New York Times. I think there is a total value for the Elman's Valencia. The world to have that as well as the communication from their asset managers. What are you seeing being on the promotional PR side not the crisis management in the use of the gem prospects of the world by asset managers? Gers as that one group is getting meaner I think the Gen PROZAC generally the Brunswick of the world and others are actually getting better. They're getting people who understand. Stand the industry more. They're getting better at working with us. Collaboratively understanding what our needs are giving us access to people that perhaps didn't have have access before a classic example is bridgewater and PROZAC has read bridgewater for a while. They've been wonderful when we want to speak two people at Bridgewater whether it's a big name or whether it's a subject matter expert they're getting US access. I think the bridgewater has really bought into the idea that this is a good thing. We will sometimes be at odds. There will be calls between myself and PROZAC. Bet They all love but there's a real respect there in a proactiveness activeness about it. That's a big change in my time here. Another thing for us all these firms do research. A lot of them are as much academics as traitors offers and we like having research straight about if it's a valid study about allocate or behavior. We WanNA write about it if it's coming I'm from academia that's great but APR puts out a bunch of great research and so the PR people were often the middleman saying. Hey acuras is wonderful as a research. Do you want the first crack at it. And we'll always say yes and so. I think that it's a selection bias in my mind but the firms that I really enjoy working with and and then I respect a lot. Because I think they're focusing a lot on the client service and then client engagement are more proactively working with us in a respectful manner. where I don't have to worry worry that they're going to be screaming at a twenty four year old reporter on the phone while I'm out of the office and we mentioned bridgewater a couple of times? QR attempts tend to be the largest firms or the ones ones that put the resources into that. And then get your attention generally yes. I think there's almost a linear relationship. They're having watched these firms Sir while I've always been surprised that more asset managers don't invest more in the client service and distribution side of their business. Astrom Andrews are ninety nine times hundred started by investors. Right that's just the way it is and it's the way it should be. But as they get bigger and they realized that inevitably they will not always be good. Would they will never have bad years. And you talk to allocators and the worst thing. These firms can do is clamp up and not talk the firms over communicate. Kate during crises are the ones that have the sticky assets and so because they are able to invest in the client service function and happy people dedicated to this role. I think those are the firms that have the sticky money because in the inevitable periods of down performance they can be hugely communicative to their clients. They can be value add in other areas beyond pure Alpha one of my now good friends Ted noon and Acadian. He calls it relationship Alpha. That's that's how he thinks that he runs distribution there. I thought those beautiful way of putting it. There is investment alpha but people and asset managers should not discount the relationship relationship Alpha involved in this business. These are people right. Chris Almond wants someone to talk to when something's going wrong not just to shoot the breeze but because he has real questions and he wants someone to pick up the phone because he's written two hundred million dollar check to them. I want to circle back to this idea of tools that you've learned undeveloped that you can share so we talked about what makes for good article. What are some of the other tools that you share? This is a big one that I think I was not attuned to enough one thing that we really focus on is the packaging of the content. There's nothing worse. Then having Julie Siegel senior staff writer right in-depth feature and spent six weeks of time and nights and weekends on this and have no one read. It means. I haven't guided them correctly. They may no impact and so one of the biggest things that helps ensure that doesn't happen. Once we decided on the topic is what we call the packaging of the article. We redid our website around two years ago I dot Com turned into what people in the industry like Tokyo night. Ads just popping up all over the place so he trimmed it down and tried to make it beautiful and simple. We're pretty proud of the way it looks. That's important design is really important. We spend a lot of money on the artwork. That accompanies the pieces. We you do then. That goes down everything to like the font not something I expert tonight you hire experts right. I have a director named Ed Johnson who is a former the journalist himself hugely valuable can just defer to him entirely on. How does this look at this? Look as good as it can be. And then there's packaging titles titles five one skill unearth one skill. It's writing titles for an allocated by staff jokes about this. I I love working on titles. So we're coming out with a piece later on today and we'll spend fifteen or twenty minutes. We already have a bunch of ideas title. But what's been fifteen or twenty twenty minutes just batting around ideas around. What is going to make this red? And there's a number of principles we do there. I'll talk through them as well. The first is authentic. We've tried to make more energetic than it was in the past we want to still have a Gravitas that I always had blue WANNA have an energy to it and so all our titles we always. Are they authentic to that brand. We WanNA put out which is really thoughtful but energetic the second is aligned this is the Anti Click Bait thing click. Bait effectively is a title that doesn't match the content. It's a promise that's not delivered. And so when we title article it's gotTa be Eh aligned with the actual content that sitting over top of. There's no worse way to ruin your brand quickly than to do that. And then applies for us. It applies for Wellington applies for Acadian. Everyone right appropriate is important as well. This is more than just the tail but people consume media and all these different mediums are used print versus the digital. It's not something we worry about anymore. But when you read an article in the New Yorker imprint the title is often a pun like three or for words you go online and look at the same story the title's different. It's much more descriptive. And that's not just for search engine reasons. It's because says people figured out that puns don't really work online. You need more descriptive title so needs to be a line to the medium. It's in twitter. We will forever lever story have like three or four tweets ready and it'll be maybe more snarky on twitter. It'll call out individuals who are themselves on twitter so before writing a story on a Q. R. Says Factors Suck. They would never say that but that would be our title online. If we're on twitter would say like at cliff assets ache you are you just have to use the medium to its advantage. Then there is the tactical and the strategic part of it suit strategic there needs to be consistency when I give talks to people I actually bring up a Peon I title and then I title and nine times ten people can tell the difference P and I and again immense respect for what amy resnick's doing there you can tell Pena title. It's sort of just the facts ma'am. Am Right. And that's actually important. I think really is important for them to do that. Ours is more magazine for lack of a better word. More literary sorry. Perhaps you want to be consistent that we don't want to jump back and forth we don't want to be a P and I title one day next day a New York Times tunnel which often have very specific they love commas in their titles. So we try to be consistent with that but there's also adaptive title tastes change. This is were reading. Other people's stuff comes into play and I would encourage bridge asset managers to hoover up competitions work. Because of this title Preferences Change. We often joke about the the titles that we know are gonNA work right now. There's two models that basically guarantee you success and it'll change but the one model is the quirky rich and like technical world two sigma the blank blank blank world of inside the blank blank world of that just as catnapped right now the other one and it actually is so pervasive. There's a ton of jokes about this are the two cents headlines Headlines trying to use an example here. I'll just make enough going back. To Bridgewater the old foil Bridgewater I had a phenomenal two thousand eighteen period. Then January happened those work really well but those were by really well right now something will come along and taste will change and we we will notice it because we track our stats to and we will adapt with the times and so those are the prince was used for packaging and the title. I cannot stress. That's enough for asset managers now the constrained by compliance departments and they are constrained by an immensely conservative industry brand wise. Yes I can do stuff with my titles that Wellington cannot do but I would encourage people to really think hard about. How do I cut through the clutter? I've just had a team of PM's and writers sit down and give twelve hours of their like scarce. Hi To writing this piece about fixed income. I don't WanNA screw it up by calling it. Our views on fixed income. You've just taken. Can this gift in like thrown in the garbage and packaging is a really important part of what we do all right more tools more tools. It's not that complicated. Gated no the distribution as well but that kind of takes care of itself and it's not as applicable to the asset management world. Seo is table stakes having your website optimized.
"chris almond" Discussed on RNZ: The Detail
"Hi on and they've got a problem. They descended name guessing using without the hill. Having just gone on Nathan. I'm a break down to the suddenly that how they think that someone so bright I do that was to take I lasted next time round. Had A pit stop and the speeds on Rice Ave much higher. Now it was not bad. It's finding you stayed in the road just still cruise one hundred forty five hundred and fifty S. We went living too much time. Always knocking out again just sitting at coaster in the corners visit couldn't be doing anymore five mile down the corner and then dumping it into gear again valley pulling away with on the lot of joint winner right withdrawing in receiving difficult in low gear to walk around corners in the Mons might seem like a carbon footprint blot on the landscape Banal. It's being used for lawns was used because it was a bit who between Kanye factors as well as us. As as development track the features and the cavs trickle down and now they're using Hybrids and electric as the rises so just as NASA building rockets. The technology trickles down through. This this is an example of that. So it's not the terrible battle of internal combustion the engines that has lasted for since twenty three. It's actually a really interesting. Institution is a sort of technical logical Bellefield. Yeah I mean. I'm not a patriots will know this kind kind of history. You probably average sports fan will not snow from NBC Olympic. Do you got right this Kinda wrong. You've got a successful runway foam. Tom And at the same time. You can shrug your shoulders and guys just a movie because at the beginning of this movie based on a true story and sold along those lines kind of like well. I think you know annoying people like me to question and that's that's kind of my job up. Kaley petrol heads off few reviews one on irons. Eight frankly I don't know anything about it and Aren't key that took care of US motor sports fans my nose my joints look well. It's history maybe history history can be examined and Ford visits Ferrari. The messages that Ken Miles was robbed of the wind by a technicality. That benefited the Kiwi drivers by the racist. Halfway halfway point it was clear that afford car would be taking home the trophy but it was the races end. That would make the nine hundred sixty six twenty four hours of the mall. One of the most controversial finishes racing history as the final lab neared. Three of Ford cars were at the front with the lead to driven by miles team followed by McLaren Claire in Amen. Miles had been driving record setting laps and the historic triple crown win for him was clear insight. However Ford's public relations team had other plans opting for literal photo-finish Ford requested that miles slowdown and finish side by side with McLaren for a picture that would truly emphasize the company's historic dominance at that year's race after brief objection from miles he finally agreed to the decision believing it would result in a tie for the Ford team? But this wasn't the case as miles McLaren finished the race alongside one another instead of declaring the race. A Tie Lamar organizers stated. The car that had covered the most amount of ground was the winner. Technically McLaren and Aymen's GT forty had been lined up a mere eight meters behind miles car at the start of the race. Despite being the fastest driver miles had lost and the record books. Show Bruce Mclaren and Chris Amon came fist list. They won but the film is that when was tainted because it was stage managed by Ford so that that the first three cars which are all four G. Forties would have photo opportunity ending to the rice and they will get one two three and they would defeat Ferrari and sorry off into the movie for Everybody Spoil Historical. That's true that's true. Although it's a movie that takes this much much liberty with history. It could be a whole new so long story Short Chris Almond and Bruce McLaren roof declared the winner because Luhrmann's the Rosal Lamont's lawns are not. Who is the fastest? It's who's done the most distance in the twenty four hours because Jerry Rice. Okay there are lots of other things that go into the controversy about why they were declared the winner in why the cab driven by King Miles. WHO's played a Christian Bale in the film and any home who really appears in the film? we're sick and even though they were he'd in food bosses said let's have this vital opportunity. Slowdown King Malls was told. US down. Is some question if you read some of the books as I have about their he was too far ahead anyway. He was over doing it in his car. He was risking the car fall apart. This is ninety sixty six and nineteen sixty five. They folded into those calves. Cows of Mike none finished they all blew. Uh well they all have mechanical problems. They were entirely embarrassed. And that's not recovered in the film and previous rights. Ninety sixty five bruce mccown. He's on guy was driving with eighteen miles hero this film. That's not covered in the movie. The this kind of in fact Livy insinuates that he wasn't allowed to drive in sixty five abreast. No he was there and he was one of many full drivers. Didn't finish just a couple of months after the famous race. CAIN miles died in a crash against the filmmakers have extrapolated what he might have felt about the fact that he hadn't won at Lamont's against a grudge on his behalf though bearing prejudice and are we looking and clearly he would have been aggrieved at the time but he probably had notified rises together season and the fact that he died just two months later is stops that story in a way and it's interesting. He's clearly an interesting God but his teammates today today. I'm Alexia Russell. The detail is brought to you by newsroom. Dot Co dot indeed and made possible by the Iran deal ended on Innovation Fund at the subscribe button to stay across the detail every day. And if you're on April please leave a rating. As it helps effortlessness find us. We'll see petard was engineered by Adrian. Holly and thanks to the Listeners Russell. So Bali her shows me. He's not going to start an online petition to right. The wrongs of the movie I quite accept the fact. That you can dramatize true story. But you shouldn't complain with people complaining..
"chris almond" Discussed on KLBJ 590AM
"Is fox news news time to know too good morning I'm Robert wood topping Austin's news home sales across Texas remain strong in the second quarter of twenty nineteen Troy Bates with Texas realtors says just like here in Austin cities across Texas have gaps in housing under three hundred thousand dollars high demand not enough inventory prices above list and about six percent of sales were seen in most that ask rates above the list price the city of cedar park releases results of international citizens survey this survey was administered by the national research center and mailed out to about thirty six hundred homes senior research analyst general just as nine and ten residents feel very safe in both neighborhoods and commercial areas in ten positively rated crime prevention emergency preparedness and animal control all three of these services rated higher than the national averages and in terms of economy eight and ten have a very positive outlook survey shows citizen priorities for the next two years include mobility safety economic health and quality of natural environment Patrick Osborne newsradio guilty gently twenty twenty one triple A. all star baseball games coming around rock as Houston Astros minor league team celebrates its twentieth anniversary Round Rock express team president Chris almond there is made the announcement this week that all star week festivities consist of opening up on money now the home run derby it's gonna be fun to create the excitement in the fan fest will have a luncheon on Wednesday and also let you know right calories that Wednesday and then we'll fool conclude with the actual all star game on Wednesday night they have the days of the events the actual dates will be announced until next year with season ticket holders getting first dibs Eric like of newsradio K. L. B. J. him.
"chris almond" Discussed on Bloomberg Radio New York
"Well, US retail sales unexpectedly eased in February on declines in grocery stores and building materials which could potentially reflect cooler weather, though, it also may signal further headwinds for the economy in the first quarter to dig into these numbers. We welcome see Michelle Sima is a consumer annals from Bloomberg intelligence. He joins us live here in the Bloomberg interactive brokers studio, so Sima again, the little bit weaker retail sales for February big deal. Not such a big deal. What are your thoughts? Well, January was revised up still, but it's also clearance months of any sales pull forward probably it's due to sales. And I don't think it's I think the fact that February was week is less surprising, given that you had a delay in tax refunds. They're going to be less than last year. And yet the government shutdown very cold weather, and I think it takes a while for people to ramp back up Kelly just to put this into perspective Sima Shah, you have been buried. For years and years. She is telling us that this is noise that this is basically. Indicative of a slowdown in the consumer. So this is this is definitely a new one. No, I wouldn't say that. I wouldn't say that. I wouldn't say, I've changed my mind. I still think I still think the consumer is not gonna do that great. You're gonna see auto sales likely start to fall auto sales really lifted up retail sales up the last few years, and I think even in this month. So if that slows I think you're gonna start seeing that so why do you think the retail consumer and retail sales aren't more robust? We've got full employment. We've got wages actually starting to go up now for the last six months or so what do you think is holding the consumer back? I actually think it's because those gains are not allocated equally amongst the larger percentage of the population is actually struggling I think with healthcare cost housing costs. And they don't have that discretionary income really to spend. Or if they do they go to the value guys together deal. So let's talk about the actual detail. Sales of this report, you send that auto sales in particular lifted some of the numbers that we got what else kind of fed into it that could potentially be temporary or long lasting. I do think that the strength. You saw an online retail will continue. It'll it'll continue just the way that the retail industry is going building materials was a huge decliner this month down four point four percent. So I think I would be watching that given what we're hearing about the housing market. I would pay attention to that. As an indication of how potentially big ticket purchases will be going. So if I'm interested in in retail, stocks broadly, do I just kind of go to the big box retailers, and that's it. I'm the best position players right now happen to be the mass merchants within the bait box. A lot of the other guys. The specialty across the board tends to be struggling a lot. So you either have the mass merchants that you have the online players like away fair, and obviously Amazon where you're seeing continued an ongoing sales growth and share gains. So just going back to the building materials. How significant was it? And what does it say about the housing industry? It was pretty significant drop. Actually, I haven't seen it drop this much since I've been paying attention to the Bloomberg. But I will say that it's I would like to see I've it continues one more month before. For completely make a judgment on the state of home centers and repair and remodeling because that has been relatively resilient category. So it could just be related to the weather. And if they categorize the building the actual home building products building products versus like indoor decor and remodelling. So so we think about the retail space broadly defined is it still over stored is an and if so how much more consolidation or store closings. Do you? Think broadly defined the industry still has to go. I think that it is still over stored you still need stores. But if you think about the old legacy players from the early two thousands that were really large a lot of them have over a thousand stores each and with online now, you really don't need to have that many units. What you really need to have as a unit and an experience that's relevant. So people will go in there. And then think of you as a brand, and then shop any channel they want Pablo was last time you went to a mall. I can't remember what am I right across the street. It's not for because I can't get to it yet. So why it'd be I live in New Jersey, malls all over the place, and you don't go. You don't go because you don't need to go. And if you wanna go to an experience, you go to the retailers that have. The ambience or the service that you want otherwise you can pretty much get all commodities online pretty easily and a lot of these websites to do have free shipping for the returns. So then you really don't have any risk of buying online in that sense. Yeah. Semen shah. Thank you so much. Thank you, see. My Michelle is senior consumer analyst for Bloomberg intelligence, really interesting to see that the building materials were such a big decline, especially given the fact that people continue to say that the housing market is strong can keep building homes, can they? Yeah. I was. You know, when we were just in Phoenix a few weeks ago. We just saw them building house track after track after track of house that you thought that you wouldn't see that again, given the real estate bubble that burst ten years ago. Yeah. Well, of course to be fair though. It hasn't been excessive in the same way. That's most people say coming up. We're going to have a conversation with Chris almond chief investment officer at calendars investments. Plus, we're going to take a look at US manufacturing which came in better than expected piggybacking on those Chinese manufacturing figures that came out overnight seems to be a positive tone four markets at the same time. The fed is still permanently on hold. According to most investors right now. Let's head over to our own ninety nine to one studios in Washington. DC Martin dicara there with world and national headlines Martin. Thank you, Lisa. Former.
"chris almond" Discussed on The Tony Kornheiser Show
"Or is. It a grieving for it. Just it's all over. He gets his football fix without having actually win or lose games on the weekends, which you know, that that's what ages us when you kill yourself. And it doesn't go your way. And in the fact that he can be around football people. And and you know as much as he's good at being a talking head on ESPN. But yeah, he he speaks to the Kremlin audience. Look, he's hey, you're making three different teams to Super Bowl. Yeah. I mean, I'm not, you know, again, Tommy Friedman, and I between us we have three. Well, we'll pull you wit three times three different teams. That's a big deal. I he enjoys the media stuff. He really loves the radio. He does he does Sirius satellite out of his house. And then he broadcast the games. Freeze penny loves the radio broadcast. But I know that, you know, this has been exciting for him, and it gives them football fix and what we hope it works out tone. Just a preview. At Georgia at Michigan at Stanford. We got sort of interesting. Temper twenty-first early in the season. That's gonna be. Makes the schedule ranked eight or eight or nine basically right in the top ten but at Georgia at Michigan San Francisco. Hey, man, we got spring practice on March first Georgetown at Bucknell. This year. We come back with Email and a jingle. I'm Tony Kornheiser. You'll listening to the Tony Kornheiser show. It's being to university's own Chris almond are only champion professional whistling nice long try and become professional whistlers. He took it all the way list of professionals who have covered me. Diane graves who'd in the blowfish. Now, Chris OMON pretty good. Yeah. Let me thank Michael wilpon for coming on the show today. Let me thank today sponsor Sheri's, berries, simply safe twenty three and me remember to listen and subscribe to new an archived episodes. Tony Kornheiser show where every listen to podcasts including apple podcasts..
"chris almond" Discussed on KCRW
"Magic love France would orange road from the album road ship so named because every song has the word road road trip, orange robe angry Jeremy out of Sweden with Bahia that's new from their new EP sketches to guts out of France, featuring the unmistakable vocals of Ken Boothe from Jamaica freedom is the song from the album paradise draw from guts, David Bowie fascination from young Americans. So as we look back at the career of David Bowie. Young Americans in retrospect makes all the sense in the world right near David Bowie. But at the time radical departure, I mean diamond dogs was the prior album the fire air was Chris almond Aladdin sane Ziggy stardust glam rock. The whole deal out of nowhere comes to solo album, David Bowie, he landed himself in Philadelphia because that's where I guess in his mind, the authentic soul came from at the time and just total curveball. But of course, well, cherished and well delve album today. Young America, David Bowie Jamiroquai manifest destiny from the genius album return of the space cowboy if you recognize that song don't know why to park sample that I do you believe in. Pulled it must be from the two bucks on. But that's the original manifest destiny. From Jamiroquai Anderson blocking q tip cheers. At the top at this is the lab, I'm Scott. You want to connect its at DJ D J D A L L victory Owen Twitter less break time on allowed return leaving North America for set of international music. That's next on the lab on KCRW press play brings.
"chris almond" Discussed on P&L With Pimm Fox and Lisa Abramowicz
"Being with us congresswoman, Anna issue US. Representative democrat for representing California's eighteenth congressional district. I am so excited for our next asked Chris almond chief investment officer of calstrs, California state where teachers retirement system, which is based in Sacramento, California with more than two hundred billion dollars of assets under management, Chris the topic of the day is gun safety. But before we get into that. I just want to ask how are you doing with the fires? And and have you seen a lot of the consequences in your area? You know, I get up every morning now. Lisa, and I actually check the achey y the air quality index. It is absolutely remarkable. I tweeted out a picture. My Twitter handle is CJ a the CIO. And my question was is this Beijing China, but no it's actually Sacramento, California. The QR AQHA right now is over two hundred and twenty which is unhealthy the orange. I'm looking at the window. And the sun is a deep orange color, even though it's eight forty five in the morning here. People have are walking around with masks on their face. Yeah. And it's been like this week. So so we know people in paradise, California. It is a beautiful town. And it is gone. It is wiped out. And I've got staff who have relatives that are living with them neighbor who has their friends living with them. These people. Were able to get out just barely in time with the clothes on their backs. So it is very remarkable. I wanna relate this to your vantage point as the chief investment officer of this massive retirement fund. How are you using your money in order to influence things in the way that you would like in other words with the fires, for example, a lot of people are blaming a certain kinds of climate change issues for this. So how are you sort of? How is this coloring your investment thesis? Well, we actually factor in what we call ES and g environmental social and governance issues into everything we do and part of the challenge with climate change. Which is the environmental side is predicting the rate of change in exactly what will happen, and that's an active management decision. So sadly, we have critics on both sides some say, we're not doing enough others say we're doing too much. But you know, I think investors. Investors in particular recognized that something is changing. And they would if you can get out to head of it. Then there's opportunities, but it also represents risks. So in our case, we try and look at our portfolio. We're looking at these kinds of weather pattern changes in how that will impact companies. You're seeing it already in the insurance industry that they're changing pricing on different things. You know? I it's it is a stark new reality. California's always had wildfires and they have at times been bad. The reason they're particularly bad is the the length of drought and the new change which Houston and other places you mentioned earlier this morning have seen if the fact that when you get rain, you get it in abundance, and that leads to massive weed overgrowth in California, which when it dries out turns into fire..
"chris almond" Discussed on Bloomberg Radio New York
"We had a big new shock. We tag contagion plus nine eleven commission chairman, Tom Kean on lessons learned from the attack. But we didn't do. Go to the stage. The Middle East Africa where the terrorists thrive with a come from all this and more coming up in the next hour of Bloomberg best. First. Let's check the markets and some of today's top business stories. I'm Charlie Pellett. Technology rebounded and energy related. Shares rallied along with crude oil west Texas intermediate crude up two point seven percent as P five hundred and NASDAQ up for a second day as investors shook off lingering anxiety about US and Chinese trade relations Savita superman, Ian is head of US equity and quantitative strategy at Bank of America, Merrill, Lynch. You know, I think what's going on in the US is sufficiently different from what's going on in other regions that you can't actually justify this divergence. I mean, look at the US, we're tightening. We are the fed is officially tightening. We've had this massive fiscal stimulus package dropped on us in the form of tax cuts at a time when we probably didn't even need it. The economy was starting to chug along and Chris almond is chief investment officer at the California state teachers retirement fund, the nation's second-biggest pension. And fund, we're constantly watching it. I can't figure it out. You know, it's it's equal match like a tennis match back and forth. But everytime. It gets raised. The stakes get raised higher and higher, and it's hurt the dollar, and it's hurt. The emerging markets. Also on Bloomberg talking about trade and tariffs. Kathleen, Gaffney director of diversified fixed. Income at Eaton Vance management in Boston as much as the headlines are negative. I really view.
"chris almond" Discussed on Bloomberg Radio New York
"Were listening to the moment of silence in the bells being rung in Shanksville, Pennsylvania, the time when United Airlines flight ninety three crashed on nine eleven two thousand and one we are here on this Tuesday morning in New York, and we are joined by Dave Wilson, Bloomberg stocks editor columnist and blogger at mlive go on the Bloomberg. But we also have a special guest here with us for the next two hours. I am so pleased to say we have Chris almond with us this chief investment officer Kaos tres investments and calstrs investments is the second biggest public pension Emilio s and it is the biggest pension. I believe he can correct me if I'm wrong biggest independent public pension serving teachers in the world is that correct? Correct. Teachers trainers, only you've got it. All right. A huge Pimm FOX and Lisa Abramowicz off hitter. I was going to say it is the largest pension fund managed by an individual who rides a bicycle to work every day. Oh, yeah. Where where is the the Queen song when we need it sickle? That's it. I'm not gonna sing anymore. Dave. How's it going? What are you watching today? Let's go, and I can't wait for the rest of the queens. So other dig that one. I'll please I'm waiting for that way. Anyway, what am I looking at today? I mean, you've got a market that's sort of bouncing around. It is trying to pick up a bit. But still you city S and P five hundred looking for direction. I mean, it really comes down to companies stories and by activision blizzard. That's one Jay. Say that you got the beta version of their next generation of the call of duty game one of their franchises. I mean, it's this one's called black ops. Four, and it's got this blackout mode sort of similar to fort night, which is really kind of taken over a chunk of the video game world and people like what they see out of the debut of this beta version because the stocks up four and a half percent. All right before we get to into all of the stock movers in the specific moves of the day, Chris as a long term investor how much do you focus on the day to day. I mean, do you come in and check the stock prices of the biggest holdings that you have not the individual stock prices. I look at the broader markets. I actually start the night before five o'clock in the afternoon in the west coast Japan opens, and then I watch a little bit before I go to bed about how Europe has opened. And then obviously. Forcing the morning. Check the US. It's more watching it from afar were a big long only portfolio. So we're not we're not traders investors. What are you looking for? What am I looking for? I'm looking at trends. It's all about the economy stupid. So I pay attention to how the US economy and the global economy is doing I'm looking at risks. I'm up at the top of the ship. All the time looking for what are the risks and horizon. What are we what's coming next? We're cruising along doing very, well, obviously, this GDP growth is amazing. But we've got problems in got problems in emerging markets currencies or challenge. So it's a nice sunny day. But. To pick up on the news there. There's a storm on the horizon. And I'm always worried about it. Just don't hit anything bigger than you are. Yeah. You know, we're out there in the ocean. It is competitive now there are huge pools of capital around the world chasing the same transactions. And that's what's driven prices up. All right. So Dave if you take a look at the top of the ship at the economy economy looks amazing if you look at the small business optimism, which came out at a record high with a lot of businesses saying that they cannot hire people fast enough. Are we seeing a response from that equities are in ponds maybe in bonds, but certainly not seeing much stocks, and let's face it. You know, we've got three weeks left till the end of the third quarter. So we're not even at the point where yet generally we you hear from companies that are doing especially well or especially poorly relative to their projections. So you have that to look ahead to and Twitter. Wave come on. You did activision blizzard. I'm not going to throw you CenturyLink because that's kind of it's Twitter. Announcing a bunch of new video partners today. Fox Sports national rugby lead. I know you're going to be watching that Sony Music, Australia and a variety of other Australian properties, but the idea being that they are adding video to their network. Well. I mean, that's the question Twitter is still struggling to some extent to find a way to really capitalize on the use. That it gets from the likes of President Trump. Box up thirty percent this year. So they have done at least some good in that regard and the challenges this video really help them. I mean, and that's something that remains to be seen. They've had video for a while now, and it's not like it's necessarily driven a whole lot of people to the service. So, you know, the challenges how do they make video work for them, constant content content content. That's what they're trying to do is just by content to grab eyeballs whether it works, they're not. I I agree with Dave. It's a real question right now. The stock is higher by a little bit more than two about a little bit more than two percent. Thanks very much. Dave Wilson, Bloomberg stocks columnist blogger mlive go send Dave an Email dwilson Bloomberg dot net. Time now to go to our ninety nine one studios in Washington DC where Nancy Lyons has world and national headlines. Nancy ten today Marc seventeen years since the worst terrorist attacks on US soil commemorations are underway in New York and the Pentagon..
"chris almond" Discussed on #WhoWouldWin
"JD you've got home field advantage in Huntsville, Alabama. Well, you know, James, I mean, you'll get some meet my family at the Huntsville show and the Nashville show. I'll have family at both shows. All right. All right. How it is. Chris almond after have some backup. I feel like you do, you need, you need to. I feel like you definitely need to arrive with the posse, but the definite entourage, but I fit James. You know what I would expect you to rive with an entourage regardless. So if you weren't going to, I'm a little disappointed. Well, there's, there's the typical entourage, you know, the person who's holding my staff, the person who's taking my call, you know, making my smoothies. I mean, just, you know, the stuff that you and I both have right, like people millions as you like to call them Lebanese, but this is a little bit different. I'm gonna need an entourage who can do all that and who can do a little bit more physically in the in the world of violence. I just have this feeling that Jay is really understating the violent capability of his Alabama family, j am I am I mistaken in that and my on the right track. What do you think? I'm just gonna have to say, you'll have to show up and see what happens and we'll see if you make it out of there. All right. All right. So my backup plan also backup plan because I lived in Georgia for eight years before coming to Los Angeles. I'm going to have to call some of my old friends and we're gonna have a real happy versus McCoy's kind of thing going on waiting the more the merrier, really. Okay. Fair enough. All right. We'll see how this goes down with that being said. I think it's about that time, Jay. Can you announce today's battle. Representing, but DC universe a superhero detect that can guess your identity, even be four..
"chris almond" Discussed on Bloomberg Radio New York
"To bloomberg best on bloomberg radio i'm june grasso and i'm ed baxter we've been listening to some interviews from the twenty first annual milken institute global conference which begins today in beverly hills now we're going to hear from chris almond cio for the two hundred twenty two billion dollar california state teachers retirement system let's begin with this we made we're in a rising rate environment there's any amount of debate you like over how quickly the fed is going to hike rates how many rate hikes there'll be this year and how the fed may respond to pictures of inflation if the present themselves right one thing you'll be able to see much sooner than that is it the ten year treasury yield crosses three percents to ninety four right now how important is that threshold absolutely the first thing i did today when i came into the conference was go right up to the bloomberg terminal and and not look at the equity market but look at the bond yield curve i'm very concerned about it's not it's eventually going to go through that three oh three level that's a critical level but it's very important to watch when it does and especially that ten to thirty flat part of the curve we're getting to a flattening we could go inverted doesn't always mean automatically we'll have a recession within twelve months but it lends itself that way so all investors really the equity market needs to finally be looking at the bond market like it always used to be there the bond market's going to take the lead and that's why i think we gotta get our indications do you agree chris with those who say that three or three oh three is the beginning of a bombay market i think we're actually in a bond bear market i think that that you know if you look there's a thirty year channel rates have been dropping we have hit the.
"chris almond" Discussed on Bloomberg Radio New York
"I'm june grosso and i'm ed baxter we've been listening to some interviews from the twenty first annual milken institute global conference which begins today in beverly hills now we're going to hear from chris almond cio for the two hundred twenty two billion dollar california state teachers retirement system let's begin with this we're in a rising rate environment there's any amount of debate you like over how quickly the fed is going to hike rates how many rate hikes they'll be this year and how the fed may respond to clippers of inflation if the present themselves right one thing you'll be able to see much sooner than that is it the ten year treasury yield crosses three percent it's a t ninety four right now how important is that threshold absolutely the first thing i did today when i came into the conference was go right up to the bloomberg terminal and and not look at the equity market but look at the bond yield curve i'm very concerned about it's not it's eventually getting to go through that three oh three level that's a critical level but it's very important to watch when it does and especially that ten to thirty flat part of the curve we're getting to a flattening we could go inverted doesn't always mean automatically robber recession it within twelve months but it lends itself that way so all investors really the equity market needs to finally be looking at the bond market like it always used to be there the market's going to take the lead and that's why i think we gotta get our indications do you agree chris with those who say that three or three oh three is the beginning of a bear market i think we're actually in a bond bear market i think that that you know if you look there's a thirty year channel traits have been dropping we have hit the bottom and we are balancing and building that bottom base so i think we're a long term period no surprise where rates are gonna rise which is a bear market but you gotta realize bond bear market is not like an equity bear market you're not going to drop twenty or twentyfive percent understand lousy returns negative five negative to positive three which is a normal bear market.
"chris almond" Discussed on Spoilt Milk Movie Podcast
"Zoo lightning bowl like an issue and the next one was like falls there turns out canoes like fucking insane planet turns out it's not like four echoes and kills like giant men which is that man in verse in he kills like giant man piano folk turns out it's not even what scroll no it's it's a clone i'm bill so i'm hoping that a little bit of this film we see a lightning bolt come down and terrence howard turns don't cheat or mother focused deal in my role and the coats and not sit it's no post credit sting terrence howard after his paycheck jimmy how think we didn't do it for you only did it for one of a film how we think our should be in every film i think every film and so you only collect that's my mother motherfucking more skipper jason stephan boys at the ben affleck metric movie armageddon john jason is about to get him the thing to drive into show smell and then turns howard will lightning down and go no you his job is i'm gives it to yeah terrance every film is gonna be in hanso i reckon terms howard was cast as the original landau and donald glover took it so i think we're both saying this point that this film we think it's going to be a luxurious jeez yeah and i think that calls it time for this one off trailer special for this podcast i've been chris almond thank you very much the.