17 Burst results for "Dan Morris"

"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:07 min | 4 months ago

"dan morris" Discussed on Bloomberg Radio New York

"Start off this hour talking currencies. The pound Sterling has had a rough couple of days. We'll check in with bank of Montreal. Head of European FX strategy, Stephen Gallo get his thoughts on where he thinks currencies are going. The Sam Dunlap. See I owe an angel oak capital. He's gonna be trying to show to talk about new home sales today and why he thinks there will be a soft landing for the housing market, but first let's check in with John Tucker and get a Bloomberg business ride. Quiet Paul, the S and B 500 rising right now of the 1.2%. After ending Monday session at the lowest level in nearly two years and the pressure on bonds somewhat easing at this point, markets getting stretched into oversold the territory, the relative strength index this is a momentum indicator used in technical analysis shows a reading of 27 for the S&P 500, and that's one of the most oversold conditions of this year. And with third quarter earnings season a hand Dan Morris at BNP Paribas says we could, we couldn't see a bounce in stocks. Given that growth for now is good, really anticipating the numbers will be fine. So I think that could provide could provide some support in the short term. But we still got to realize that by second quarter of next year, you may have negative GDP growth. With a growth in U.S. home prices slowing the S&P CoreLogic case shiller index show prices rose 15.8% year over year, that was actually the smallest gain since April of 2021. In the meantime, New York based Goldman Sachs and BlackRock turning more embarrassed on stocks with a short term they warned that the markets have yet to price in the risk of global recession. S&P 500 thirty five points higher shaving some of the earlier gains as we speak now up just 1%. Dow Jones Industrial Average up 223 points, that is a three quarters of a percent and the NASDAQ 100 up 150 points a rise of 1.3%. Check the markets for you every 15 minutes during the trade day right here on Bloomberg radio. I'm John Tucker, thank you Bloomberg, business flash. Madam Paul. All right, John Tucker, thank you so much

Stephen Gallo Sam Dunlap bank of Montreal John Tucker Dan Morris BNP Paribas Paul S BlackRock Goldman Sachs U.S. New York Bloomberg Madam Paul
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:44 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"The most important point from my perspective about this cycle is that that is going to be far less predictable Quantitative tightening most hurts risk markets the U.S. economy this year will be relatively solid but the valuations need to come down I think we're headed for the tightest labor market since the 50s Something's got to give this year And it might be margins This is Bloomberg surveillance with Tom Keene Jonathan farrow and Lisa Abramovich Good morning everyone Jonathan farrow Lisa bramson tamkin a fully employed America we will see that at 8 30 here with claims as well John fully employed America great claims unemployment rate under 4% and what does it mean a boom economy It means inflation And people don't feel it Tom They don't feel good about it because of the latter point Inflation 7% inflation And that's the problem the administration has now and a problem Tom They're really trying to address in the last 24 hours Our source of discussion is a trajectory of the inflation I really don't hear people saying John it's going to go to 8 or 9% but is it a stasis of a new elevated inflation Or there is a camp that says it will ebb and ebb soon This attempt that it peaks at the end of this quarter that we get a peak at the end of Q one Same thing under a standard chartered is in that camp That's why he only thinks we'll get two interest rate hikes this year Others we're about to talk to a man of banked on that thinks maybe we could get close to 7 Not over the next two years 7 hikes this year in 22 Really important conversation coming up with Dan Morris chief market strategist BMP Perry about they have been really good about gaming the growth trajectory of the American economy Lisa it does fall into our politics of the moment I thought John he just crushed mister geese there with pointed questions on what now for Biden and inflation They've been grappling with this and they say the fed really has the tools there seem to be an endorsement by the president of a more hawkish Federal Reserve policy or at least rate hikes to address inflation saying that they should do what they need to do This is a first I mean let's just talk about how many presidents have desired a dovish fed that can actually juice economic growth Now they'd like the brakes put on it in the right way at a time when wage inflation is broadening out Did you glean John in this conversation of Lisa and you with mister deese of The White House did you clean that they have an inflation plan I don't buy it There is a plan on various things on the infrastructure plans on this clearly an effort there to break that up and try and pass the things that they think can alleviate some of the pain from price pressure immediately On the energy market that's where things get really complex That line Tom that 65% say the administration is not focused enough on inflation You'll have people on this program say they can't do much about it But when you speak to them they say they can And that's part of the issue They're saying they can do something about it They're saying they can do something about crude prices Create prices at 86 They say you saw what happened last time when we did something Yes we did The chart went down then we filled the gap a month later That's the problem so Jen what's a gal gallon of F one 50 regular across this nation at $100 $110 What about now Like $4 Tom four 50 Berries around the country I mean you know you know John Tucker helping us with Bloomberg surveillance and radio John he's paying $2 12 cents somewhere in New Jersey Can you tell us where he's finding that gas station $3 It's $3 and 53 cents if you cross the bridge I'm just putting it out there You guys are talking about oil prices I think he's joking And that's $2 games Just saying this John Lisa gets a gross up there because she's driving the H two so they give her a special price across She's very sensitive to this I'm going to go to Brent crude $88 a barrel And if you get a Jeff curry in Francisco blanche $100 a barrel this is a different conversation And then you've got a bigger problem for this administration That's the crude story One 83 on tens yields in just a little bit for the equity market It's been a rough tough time for people long to NASDAQ composite over the last couple of months Down 10% from the November high We bounced back this morning on the NASDAQ 100 futures there are three quarters of 1% on the S&P term Up 16 advancing a third of 1% Well we're going to have to see there on the NASDAQ the new defenses roll out Netflix I believe this afternoon Look to the close romaine bostick there with others to give you the technology view Right now we get the view and it is Daniel Moore's chief market strategist at BNP Paribas and that's important BMP Barry bar over the last 15 years has been exquisite Get measuring the pulse of American economic growth They have been cautious in that assessment Daniel how do you dovetail the BNP heritage of a cautious assessment of growth with your call for a fed that's gonna hike aggressively.

Jonathan farrow Tom Keene Lisa Abramovich Lisa bramson tamkin John Tom America Dan Morris BMP Perry mister deese Federal Reserve Lisa
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:12 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"Joy said the postal agency was overwhelmed in 2020 saying this year would be better I'm Matt Matson The White House is planning a big ceremony when President Biden signs the $1 trillion infrastructure Bill Monday Sources say the event may be held on the south lawn to accommodate a large crowd The White House says the president will be joined by lawmakers who helped write the legislation and by a group of leaders who fought for its passage And the governor of Wisconsin is sending the National Guard in ahead of a verdict in the Kyle rittenhouse trial I'm Brad Siegel The U.S. wants to extradite a Russian man accused of laundering money in connection with ransomware hacks at multiple hospitals across the country Brian shook reports The lawyer of 29 year old Dennis duved Nick off says he's been detained in the Netherlands at the FBI's request The Wall Street Journal reports did Nick off his accused of receiving more than $400,000 in cryptocurrency tied to ransom payments He's believed to be connected to the so called riot ransom attacks last year that struck a wave of U.S. healthcare organizations I'm Brian shook Vice president Kamala Harris is frustrated that paid family leave is being stripped from President Biden sweeping social spending bill during a news briefing in Paris the VP said she and Biden have pushed for paid family leave for years She argued that the U.S. should be a leader among modernized nations and providing paid family leave a dozen weeks of paid family leave was cut out of the bill due to pressure from democratic moderates Bacon prices are on the rise but fort producers in Iowa aren't seeing a rise in profits One of the things for a pork producer their feed costs compared to a year ago is up about 50% And feed represents about two thirds of the total cost of the production of a pig The profit margin for pork producers isn't quite as good as one would think with 20% higher bacon That's pat mcgonigal with the Iowa port producers association He says he expects Iowa pork producers to increase supply to meet rising demand which he says will stabilize prices A Purple Heart is being returned to a Vietnam War veteran after being stolen almost 40 years ago Gus Al briton was awarded three purple hearts for his service in Vietnam but one was stolen in 1983 while he was living in Florida a man spotted the Purple Heart at a Florida yard sale for a couple of bucks He bought it to see if he could find the owner Al brittain was reunited with the medal this week saying it's good to have it back I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg newsroom There is a big shortage of computer chips but the Biden administration doesn't want to increase production of the chips in China We're hearing the administration cited security concerns and discouraging a plan from Intel to increase production in China Our source says Intel proposed using a factory in Chengdu to manufacture silicon wafers which would ease the global supply crunch until also said to have been seeking federal assistance to ramp up research and production in the U.S. Striking deer and company union workers will have a chance to vote on a third tentative deal that includes modest modifications to one they rejected earlier this month The strike by some 10,000 deer workers has run nearly a month An unprecedented number of Americans quit their jobs in September we get more about that from Bloomberg's Charlie pellet It highlights how persistent churn is undercutting employers efforts to fill a near record level of vacancies According to the Labor Department's job openings and labor turnover survey or jolts a record 4.4 million Americans quit their jobs in September Meanwhile the number of available positions eased to 10.4 million Charlie pellet Bloomberg radio Stocks closed higher on Wall Street Friday but every major index still marked its first weekly laws in 6 weeks as inflation data was front and center Dan Morris senior investment strategist at BNP Paribas doesn't see much more upside for stocks from here So the big challenge aside from the discussions that we're having already around rates and what the fed does ECV is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low For the week the S&P 500 fell three tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer This is Bloomberg This is Bloomberg business of sports COVID has been so devastating and to see 38,000 people coming park It was really emotional and rewarding from the business side from ticket sales to Jersey sales Revenues were up everything's really good It's really strong I realized that at the beginning of 2019 it would be a very unique opportunity in terms of a lot of contracts being up at the same time and a lot of guiding young wrestlers being available to go off and start a wrestling company The country is finally deeply getting the memo about how amazing the sport is I think the sky's the limit for MLS Bloomberg business of sports From Bloomberg radio This is the Bloomberg business.

President Biden Brad Siegel Matt Matson Kyle rittenhouse Brian shook Dennis duved Nick Brian shook Vice president Kam White House U.S. Susanna Palmer pat mcgonigal Iowa port producers associatio Gus Al briton Al brittain Bloomberg Biden administration
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:55 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"13 years the pop icon is free Los Angeles County superior court judge Brenda penny ended the court ordered arrangement during Friday's hearing Former Trump adviser Steve Bannon is expected to turn himself in Monday after being indicted by a federal grand jury for contempt of Congress Bannon refused to honor a subpoena to testify before the House committee investigating the January 6th attack on the capitol A Travis Scott spokesperson is vowing the rapper had no clue people died at his southeast Texas music festival Just like the police officers who were standing in front of the stage with Travis nearly 30 minutes after it was declared a public safety emergency Travis had no idea what was going on until well later Stephanie rawlings Blake told CBS mornings it took hours for the Houston rapper to find out about last Friday's deaths and injuries at Astra world I'm Brian schuck And I'm Charlie pellet at Bloomberg world headquarters It was an up Friday with the Dow the S&P and NASDAQ all advancing led by technology and communication services as inflationary pressures continued to reverberate through markets George concasse is head of U.S. macro strategy at MUFG securities Americas Good to kind of get around the idea that we're going to have to positive strong growth next year in high inflation But if inflation persists at this level I think other markets are going to start to care because it could fast forward that action And even if it's just two hikes in an area faster taper markets broadly are not ready for that George gone calvis of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP Paribas asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does ECB is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low Dan Morris of BMP paraba What's ahead for the global economy next year JPMorgan Chase is out with its 2022 long-term capital market assumptions report Gabriella Santos is global market strategist at JPMorgan investment management We see very limited scarring from the pandemic and we're actually optimistic about upside going forward given all of the productivity gains that we've seen during this time period There's also been so much monetary and fiscal support that's likely to continue to provide a boost to overall nominal growth Gabriela Santos of JPMorgan investment management an up Friday the S&P up 33 up 7 tenths the Dow up 179 up 5 tenths NASDAQ up 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.

Brenda penny Steve Bannon Travis Scott Dan Morris Stephanie rawlings Blake Charlie pellet Brian schuck Bloomberg world headquarters Travis Los Angeles County superior co George concasse MUFG securities Americas Bannon House committee MUFG BNP Paribas asset management Astra CBS Congress Houston
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:07 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"Conceded in the governor's race today Murphy won by about 3% in what was a much closer race than polls had projected The aquarium where winter the dolphins spent almost all of her life is temporarily closed after her death last night Gordon bird has the details Clearwater marine aquarium president doctor James Powell says employees are grieving in their own way We do have counselors as well Because we do very much feel like we lost a close family member Powell says a team of experts was preparing winter for procedure to relieve her intestinal blockage when winter's vital signs gave out that same team is performing in necropsy to determine how the star of the dolphin tale movies died a public memorial is planned at the aquarium a week from Saturday I'm Gordon Byrd Disney+ says it's giving users a gift to mark its second birthday The streaming service is rolling out logos trailers and release dates for several upcoming projects on what it's calling Disney+ day That includes a cheaper by the dozen remake set to drop next spring followed by hocus pocus two in the fall I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters It was an up Friday with the Dow the S&P and NASDAQ all advancing led by technology and communication services as inflationary pressures continued to reverberate through markets George concasse is head of U.S. macro strategy at MUFG securities Americas The idea that we're going to have to positive strong growth next year in high inflation But if inflation persists at this level I think other markets are going to start to care because it could fast forward if that action And even if it's just two heights in an area faster taper markets broadly are not ready for that George gone calvis of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP papa asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does the ECB is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low Dan Morris of BNP parba What's ahead for the global economy next year JPMorgan Chase is out with its 2022 long-term capital market assumptions report Gabriella Santos is global market strategist at JPMorgan investment management We see very limited scarring from the pandemic and we're actually optimistic about upside going forward given all of the productivity gains that we've seen during this time period There's also been so much monetary in fiscal support that's likely to continue to provide a boost to overall nominal growth Gabriela Santos of JPMorgan investment management an up Friday the S&P up 33 up 7 tenths the Dow up 179 up 5 tenths NASDAQ up 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is.

Clearwater marine aquarium Gordon Byrd Dan Morris Charlie pellet Brian shook James Powell Bloomberg world headquarters George concasse MUFG securities Americas Disney MUFG dolphins Murphy BNP papa asset management Powell Gordon BNP parba Gabriella Santos JPMorgan investment management
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"Is ending pop star Britney Spears conservatorship effective immediately Spears had been under the conservatorship for 13 years in Los Angeles County superior court judge Brenda penny ended the court ordered arrangement during a hearing Friday spears spoke out against the conservatorship for months and called it abusive Former Trump adviser Steve Bannon is expected to turn himself in Monday after being indicted by a federal grand jury for contempt of Congress Bannon refused to honor a subpoena to testify before the House committee investigating the January 6th attack on the capitol President Biden intends to select an infrastructure coordinator after he signs the big infrastructure Bill on Monday I expect we'll have something soon and you can expect it will be someone from outside of the administration White House press secretary Jen Psaki said that person will oversee implementation of the $1.2 trillion measure Monday's White House bill signing ceremony is expected to be a bipartisan affair I'm Brian shook And I'm Charlie pellet At Bloomberg world headquarters it was an up Friday with the Dow the S&P and NASDAQ all advancing led by technology and communication services as inflationary pressures continued to reverberate through markets George concasse is head of U.S. macro strategy at MUFG securities Americas The idea that we're going to have to positive strong growth next year in high inflation but if inflation persists at this level I think other markets are going to start to care because it could fast forward that action And even if it's just two heights in an area faster taper markets broadly are not ready for that George gone calvis of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP Asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does ECB is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low Dan Morris of BNP paraba What's ahead for the global economy next year JPMorgan Chase is out with its 2022 long-term capital market assumptions report Gabriella Santos is global market strategist at JPMorgan investment management We see very limited scarring from the pandemic and we're actually optimistic about upside going forward given all of the productivity gains that we've seen during this time period There's also been so much monetary and fiscal support that's likely to continue to provide a boost to overall nominal growth Gabriela Santos of JPMorgan investment management an up Friday the S&P up 33 up 7 tenths the Dow up 179 up 5 tenths NASDAQ up 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.

Brenda penny Steve Bannon Dan Morris Jen Psaki Charlie pellet Brian shook Los Angeles County superior co Bloomberg world headquarters George concasse MUFG securities Americas White House Bannon Britney Spears House committee MUFG Spears BNP Asset spears Biden
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:22 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"Can count on some frivolity You've never taken them to Disney so just failure on so many Why Bloomberg markets extensive essential and endlessly entertaining I'm not a pet person I'm a financial analyst By the way someone writes in and says I didn't realize Paul hated American values Week three mornings at ten eastern on Bloomberg radio the Bloomberg business app and Bloomberg radio dot com A California judge is ending pop star Britney Spears conservatorship effective immediately Spears had been under the conservatorship for 13 years in Los Angeles County superior court judge brand to penny ended the court ordered arrangement during a hearing Friday Britney's father Jamie spears was suspended as her conservator in September Longtime Trump adviser Steve Bannon is being indicted for criminal contempt of Congress Bannon refused to honor a subpoena to testify before the House committee investigating the January 6th attack on the capitol The governor of Wisconsin is deploying the National Guard ahead of a verdict in the Kyle rittenhouse trial Lisa Taylor has more governor Tony Evers announced the deployment of 500 troops to Kenosha to supplement the hundreds of officers already in place The judge in the case that closing arguments for Monday rittenhouse faces multiple charges in the shooting deaths of two men during civil unrest in Kenosha over the police Shooting of Jacob Blake in the summer of 2020 I'm Brian shook And I'm Charlie pellet At Bloomberg world headquarters it was an up Friday with the Dow the S&P and NASDAQ all advancing led by technology and communication services as inflationary pressures continued to reverberate through markets George concasse is head of U.S. macro strategy at MUFG securities Americas Good to kind of get around the idea that we're going to have to positive strong growth next year in high inflation But if inflation persists at this level I think other markets are going to start to care because it could fast forward that action And even if it's just two heights in an area faster taper markets broadly are not ready for that George galvas of MUFG as for the earnings outlook Dan Morris is a senior investment strategist at BNP patama asset management So the big challenge aside from the discussions that we're having already around rates and what the fed does UCB is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low Dan Morris of BMP paraba What's ahead for the global economy next year JPMorgan Chase is out with its 2022 long-term capital market assumptions report Gabriella Santos is global market strategist at JPMorgan investment management We see very limited scarring from the pandemic and we're actually optimistic about upside going forward given all of the productivity gains that we've seen during this time period There's also been so much monetary in fiscal support that's likely to continue to provide a boost to overall nominal growth Gabriela Santos of JPMorgan investment management an up Friday the S&P up 33 up 7 tenths the Dow up 179 up 5 tenths NASDAQ up 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.

Bloomberg Steve Bannon Kyle rittenhouse Kenosha Lisa Taylor Tony Evers Dan Morris Jacob Blake Charlie pellet Bloomberg world headquarters Jamie spears George concasse MUFG securities Americas Good Bannon Los Angeles County superior court House committee Britney Spears George galvas MUFG
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:38 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"Inflationary pressures is with record high profitability Liquidity is coming into the market still and it's making its way around to a wide variety of asset classes Ripping away stimulus and slamming on the brakes probably won't be good for anybody in the global economy This is Bloomberg surveillance with Tom Keene Jonathan perrot and Lisa Abramovich You keep running everyone Jonathan farrow Lisa Branson I'm keen on radio on television simulcast get out the calendar It's November 15th We do the great reset into the holiday season into 2022 and John farrow 35 days to the pharaoh holiday I'm all my scum some I'm almost gone After that ECB decision I'm out of here that CPI print this week really shook things up for the outlooks into next year Wells farka this morning we've talked about it repeatedly Looking for two heights next year two hikes the year after that When you get the CPI call from these banks Tom you have to ask about the GDP that goes with it Agreed totally sent CPI wow So that's together with real GDP of north of 4% That's still punchy Tom And what is so humbling here as you mentioned I think in the last hour John how everybody got Europe wrong 12 months ago maybe ten months ago right now you know the great speculation is what do we get wrong into 2022 And it's got to be the growth trajectory It's a mystery Thanks for bearish Bottom line they're looking for a 10% decline in European equities in the near term We expect the anti Goldilocks combination of weaker growth momentum rising real bond yields to weigh on European equities That's their call Those costume are standard to build In the political superior Lisa I've been watching the redistricting debate which is really starting to heat up the overlay of all this is the convoluted politics of early next year Yeah the idea that policy uncertainty will grow with the idea of midterm elections Probably turning the House and the Senate Republican if you get the same kind of way that you're seeing right now I do have to say that right now the most bearish people are getting is little turmoils in the markets right We had today perhaps the capping of a tumultuous week What equity saying what 1% Scary First down week in since the beginning of October Lisa is not impressed by those calls Tom She is not impressed Honestly I just think that their bears have gone away and that we're looking at is real yields and I'm deeply negative that are expected to remain so in the United States so everyone's going long risk But John this is so important to Lisa getting pounded out in social media today on the edge of gloom John the good side of the gloom crew has gone away They've just been humbled into a silence There's still there right Humbled by what you've said repeatedly this year Tom that corporate America has adapted I've heard that from so many of my guests around the opening bow Morning after morning corporate America keeps adapting to the higher cost pressure The margins of how to profitability has been decent until recently the story has been earnings better earnings They're a higher valuation standard to kick back in We'll get the call from Goldman on that specific point Tom in about ten minutes time I mean Lisa it's gonna be important with Goldman Sachs Lisa do you see how John saves his best questions for 9 zero zero Noticing that now every professional athlete has to warm up before you go and play the actual game You compare yourself to the professionals Yes Yes Could I just say the bears have gone away We actually saw a bear short surrender this week that Russell Clark closed his fun So actually sometimes they are going away Quick day to check John I'm gonna go narrow here Not on dollar ruble weakening out on Eastern Europe tensions But the lyric can't find a bed today 9.94 Turkish lira out ever weaker against dollar I'm watching that into the weekend At least I fit in lonely when laser capitulates you know the top is in and this equity market right now at 8 on the S&P advancing two ten to 1% I'm joking maybe perhaps I'm not yields a higher buy basis for that One 56 30 on tens Euro dollar that one 14 handle Tom You wrote a one 1450 and changed on the day To summarize here and seriously to push off for it It was so good to have mister fiance The head of BNP Paribas North America with this earlier in the week his chief market strategist attends now Daniel Morris Daniel what is your year ahead look shape up as right now I know you're codifying it in French What's it gonna look like in the king's English Well I think one of the key changes and this is something we certainly should not lose sight of is the prospect for earnings growth next year If you look at current consensus forecast for the U.S. next year year on year 2022 2021 it's 7% 4% in Europe You actually get 15% in China but compared to what we expect to get in China It's not all that much So the big challenge aside from the discussions that we're having already around rates and what the fed does ECV is you're just not going to have that earnings momentum to really push the markets much higher next year And of course we appreciate the valuations about particularly low When you look at these forecasts down from the likes of wows work with me here 5% on CPI for next year 4% real GDP growth for next year Is that good for risk assets Can you see it either way Well I guess what are your alternatives Generally we've already seen this year that equities are going to be one of the most resilient asset classes when you're in either a high and or rising inflation environment Bit of a connection issue there with Dan Morris of BNP Paribas when we reconnect will allow him to finish his answer I asked that question Lisa because in a world of 5% CPI and 4% real GDP growth there will be some people out there who believe corporate America will keep adapting profitability will keep on rising And this equity market will keep on gaining Unless something happens in a bond market you've been making this point We had PGM on the program yesterday Robert tip And the point that Robert tip made he said forget all this stuff about inflation about higher interest rates Look at what's happening with a long Bond We're still in and around 2% It's not building higher is it Not in a material way And this is frankly pessimistic right Bon traders tend to be pessimistic This might be the most bearish indicator out there the idea that you even saw that curve inversion the idea that 20 year yields were higher than 30 year yields for the first time since the reintroduction This is indication we are not going to get long-term runaway growth And without that John people see this as an economy backdrop in the near term that can remain Goldilocks for a bit longer We've reestablished that connection with Dan Morris if BNP Paribas asset management and good to have you back with us Let's start again The outlook CPI 5 real GDP.

Lisa Tom Tom Keene Jonathan perrot Lisa Abramovich Jonathan farrow Lisa Branson John farrow Wells farka John U.S. Goldman Russell Clark ECB Tom You Daniel Morris Daniel
"dan morris" Discussed on Aviation News Talk podcast

Aviation News Talk podcast

01:54 min | 1 year ago

"dan morris" Discussed on Aviation News Talk podcast

"I just wanted to point out an important detail that may have come across incorrectly in the podcast i recently learned that the faa expects. I-if our pilots to circle in the direction of the public traffic patterns. And there's very little wiggle room in their interpretation. This was news to me as i used to think that a pilot on an i. Far clearance could circle and whatever direction was necessary to line up with the desired runway. But it seems the faa does not agree. There is an exception of atc authorizes circle in the nonstandard direction. But it only really applies to controlled airspace and many of the reports. We may circle in our class year. Ports were abc has no jurisdiction. There's a great article on i. Afar magazine's website includes the link. Thanks again for the great podcast and michael. Thanks so much for passing that along. I do recall some of that discussion on the past. But i didn't recall that it was now mandatory. So thanks so much for passing that long. And here's an email from adam in the uk says hi maximum serious pilot based in the uk. Many thanks for your hard work producing an insightful and enjoyable podcast each week. That helps make us safer pilots. It was long overdue. But i finally got around to supporting you unpatriotic. Congratulations on the show and keep up the great content regards atom and in the last episode. I mentioned that we had a new mega supporter. Richard clarke. I heard from richard. He says that he's in his mid fifties. He just finished his private about a year ago. He plans to start instrument training in the fall. And get this. He's about eighteen months into the build of evan's. Rv fourteen a and he hopes to have the first flight by the end of the year. So congratulations richard and again. Thanks so much for being a mega supporter. we also have some other new patriot. Supporters those include michael edmonson and at the twenty dollar level dan morris michael. Baraza editors pledge twenty dollars ron lane. They'll herbert at a messer. Jim o'day and john thune borough thanks so much for your contributions and it's so easy to support the show and it just takes a couple of minutes so if you've thought about doing it well now is a great time to do it..

faa Afar magazine uk abc Richard clarke michael adam richard michael edmonson dan morris michael Baraza evan ron lane Jim o john thune herbert
"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

02:46 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"They get <Speech_Male> attracted by new <Speech_Male> tool in the automation <Speech_Male> today. Ai <Speech_Male> there's lots of ai <Speech_Male> out there that says it will do <Speech_Male> also sorts of foyer. <Speech_Male> Some of it's <Speech_Male> great. Some of its vaporware <Speech_Male> <Advertisement> but <Speech_Male> the fundamentals <Speech_Male> <Advertisement> have to remain <Speech_Male> <Advertisement> right if you're not <Speech_Male> <Advertisement> consistently reviewing <Speech_Male> what <Speech_Male> your sales and marketing <Speech_Male> teams are doing <Speech_Male> <Advertisement> by listening <Speech_Male> to the customer. You <Speech_Male> <Advertisement> missing out especially <Speech_Male> <Advertisement> stay so <Speech_Male> <Advertisement> so many tools that <Speech_Male> make that easy <Speech_Male> and we will consistently <Speech_Male> do that for <Speech_Male> all of our clients on <Speech_Male> a weekly basis <Speech_Male> will grade. It will develop <Speech_Male> deliver training <Speech_Male> each week based upon <Speech_Male> <Advertisement> it. They you <Speech_Male> <Advertisement> as a listener. <Speech_Male> If you're not doing <Speech_Male> that in your organization <Speech_Male> think about <Speech_Male> doing that because <Speech_Male> it will add value <Speech_Male> straightaway whether <Speech_Male> you work with an outside <Speech_Male> <Advertisement> partner or not <Speech_Male> thesaurus thing. That <Speech_Male> <Advertisement> just keeps your sales <Speech_Male> team shop <Speech_Male> and also <Speech_Male> keeps. You can textually <Speech_Male> aware of what <Speech_Male> the heck is happening in <Speech_Male> your industry which is <Speech_Male> pretty difficult. <Speech_Male> These days <Speech_Male> i'm will really give you <Speech_Male> that edge over people <Speech_Male> who just aren't paying attention <Speech_Male> and not might be. Oh <Speech_Male> competitors <Speech_Male> might be people who are not <Speech_Male> as aware that they <Speech_Male> could do. These sorts of things <Speech_Male> regularly <SpeakerChange> gives <Speech_Male> you the edge that you need <Speech_Male> <Speech_Male> a listen couple rapid <Speech_Male> fire questions. What's <Speech_Male> your favorite growth <Speech_Male> tools. Sass <Speech_Male> product software <Speech_Male> app. Something <Speech_Male> that you use to <Speech_Male> <Advertisement> help grow your business. <Speech_Male> <Advertisement> I mean i'm there <Speech_Male> <Advertisement> are probably many but <Speech_Male> <Advertisement> which <SpeakerChange> one <Speech_Male> if you had to pick <Speech_Male> one. What would it be. <Speech_Male> There are so many <Speech_Male> as a <Speech_Male> a sales focused <Speech_Male> organization <Speech_Male> we partner with <Speech_Male> hub spot. And we <Speech_Male> find that the crm <Speech_Male> hub spot <Speech_Male> especially given <Speech_Male> that. It's free <Speech_Male> is accessible <Speech_Male> to everybody. Is very <Speech_Male> easy to customize <Speech_Male> your sales <Speech_Male> process and it <Speech_Male> begins to feed <Speech_Male> all of that fascinating <Speech_Male> and useful marketing <Speech_Male> data <Speech_Male> for future projects. <Speech_Male> It's where <Speech_Male> we often start. <Speech_Male> We often migrate <Speech_Male> people to it. We <Speech_Male> use it. Ourselves <Speech_Male> is certainly the best tool <Speech_Male> that we like <Speech_Male> to use within the <Speech_Male> ideal customers <SpeakerChange> that we're <Speech_Male> working with <Speech_Male> and what would be <Speech_Male> one book. Maybe the <Speech_Male> you've read that's helped you <Speech_Male> on your journey. Are you <Speech_Male> think might <SpeakerChange> help the audience <Speech_Male> <Advertisement> on. There's <Speech_Male> <Advertisement> yeah <Speech_Male> <Advertisement> so. I <Speech_Male> <Advertisement> was thinking about this. <Speech_Male> <Advertisement> The book that i've read <Speech_Male> <Advertisement> recently is <Speech_Male> <Advertisement> called. The one thing <Speech_Male> <Advertisement> is by. <Speech_Male> <Advertisement> Gary keller <Speech_Male> <Advertisement> and jay papa <Speech_Male> san and <Speech_Male> is all about <Speech_Male> optimizing your <Speech_Male> time and <Speech_Male> really focusing <Speech_Male> on the one thing. <Speech_Male> That's going to move that <Speech_Male> project forward. <Speech_Male> Each morning deep <Speech_Male> were what <Speech_Male> <Advertisement> blocks that kind <Speech_Male> <Advertisement> of thing. It's a great <Speech_Male> <Advertisement> rate. They also have a <Speech_Male> <Advertisement> great podcast. <Speech_Male> And i <Speech_Male> would recommend that people give <Speech_Male> that read whatever type of <Speech_Male> business there and it really <Speech_Male> just helps <SpeakerChange> you prioritize <Silence> how to get more done. <Speech_Male> Thank <Speech_Male> you so much. I really <Speech_Male> appreciate it leonard. We <Speech_Male> know how they can connect <Speech_Male> with you <Speech_Male> learn more about mind <Speech_Male> racer <SpeakerChange> and then <Speech_Male> we'll wrap it up for today. <Speech_Male> <Advertisement> Yes sure so. <Speech_Male> <Advertisement> If you guys <Speech_Male> <Advertisement> go to mind <Speech_Male> <Advertisement> racer consulting <Speech_Male> <Advertisement> dot com. <Speech_Male> <Advertisement> There's a couple of <Speech_Male> <Advertisement> resources to download <Speech_Male> <Advertisement> that one <Speech_Male> particularly good. <Speech_Male> One is the top <Speech_Male> five ways to make <Speech_Male> hiring good sales <Speech_Male> people easier. <Speech_Male> We really laid out <Speech_Male> <Advertisement> everybody's thinking about <Speech_Male> growth. How they can <Speech_Male> <Advertisement> grow. that'll help. <Speech_Male> You can download <Speech_Male> that on that. Also <Speech_Male> we

Gary keller leonard
"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

04:24 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"This isn't necessarily just a one time process right when you're struggling and you don't have good traction and you don't have good conversion and you don't necessarily have good product market fit. This is something that you can have to do until you find that sweet spot and uneven from there you know it's gonna be. It's going to be bigger adjustments at first but then they'll be more and more and more and more refined over time as you dial in the process right absolutely right. I'm by the project as you can have impact as a project that could be less than ninety days and just go. Hey look we need somebody to take a look. Make some recommendations china's on the and off you go that's great and we can support that with coach easy right book the big lift where they don't have somebody who's really ingrained as a professional sales leader often people need a bit more support and ask you want to keep rolling with that right. So that's the t- things you could do sort of a consulting opportunity to to get value quickly and then support with a coach or it could be somebody who's more of a fractional. Vp sticks with people. We just want to help people whatever support they need and so that framework gives us the background to be able to do both yeah perfect. Hey you alluded to it earlier in the conversation when you were talking about the review process but what was the what was one of the biggest changes that you made to allow this company to five. Acts me what do you think was that. I mean there was probably a lot of small changes. But what was the biggest thing that you did the you help them with that. Help them to really grow the sales. Because i think you were mentioning something about their partnership program or some sort of program like that. I think the audience would be curious. What was the mechanism that really drove such huge growth because it's very unusual especially during a pandemic. Yeah positioning right..

china
"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

06:00 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"This point was hitting pretty hard and they went from physical events to webinar events and doing co marketing webinars with partners and how we need to evolve that message so again in the review we were picking up that this is a software platform that the saas is a software platform that does sales presentations and the sales presentations were being used in home by people who are selling roofing siding all of that sorts of stuff right so they couldn't do the in home presentations anymore and we had to help refine the messaging so that the virtual sale was going on. This is a very smart team. Right arrow very dialed into that customer. They listened very well but we would just providing the support required to prioritize what needed to be edited in each review refined rollout cycle right. So we help them to do that. Then got better. Marketing targeting got better we started converting more people from mixing qualified to sales qualified and then the sales numbers started to go up and up and up average order values. Increased sales cycle came down. But that was really a function of it being recorded properly in the crm and question for you question. This review refine rollout repeat. So you mentioned a cycle right. This kind of this process is a cycle. The first time you went through to get through to that rollout approximately. How long did it take you from review to rolling rolling it out. Approximately review and refine in a small organization can get done inside thirty days. Okay and then the rollout you consider the rollout what period of time right is that like the first ninety days thirty days is at six months before you repeat and then go back into this process. What's that look like. I mean. I don't wanna get too far down in the weeds but i want to understand the dynamics of of how the data is aggregated. And then how. You're you know what you're doing from that point right so let me qualify this a little bit. We're working with businesses that doing somewhere between two hundred thousand dollars a year in revenue and twenty million dollars a year in revenue..

"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

05:46 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"Had that way and sold that services business then you refocused on the size when for some very large clients and got some revenue but then not fell off again. You've been on the roller coaster and you really tired after a few years of up and down and really. You're looking for at an outside set of eyes to go okay. They must be simple away. What is going on and really. That was the context of how we got introduced to this particular. And so we we have great partners out that one of our partners as a fractional marketing leadership business. They were providing marketing services to this client and they brought us in because they recognize that. That was a need for more clarity in the sales side of things and so we starts any engagement with less just workout done. Looks like because if you don't know what the end looks like you're never gonna get there right so you know ultimately. What do they need to do. They need to work out how to hit. This causes goals without at missing them which they've been doing right so that was the first focus. How do we simplify enough to get to that number. And then we know we're going to continue right so our for us process keeps it really simple. It's review refine rollout and then repeat at some time whenever it is right in the future a fifth are pops up which is replace where we replace ourselves either by training your internal team by helping you put somebody in place to run it and so with an opportunity like to look at a whole sales organization we review. So you've got to stop by listening to the customer and one of the great ways of doing that is to listen to the sales calls and listen to the customer success. Kohl's the happening. So assuming in a modern sales organization that your record in your calls is really easy for us to get in and spend a short amount of time. And i mean inside a couple of weeks we can get a really good insight on what your customers are saying..

Kohl
"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

04:23 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"Services to companies are struggling a bit with him sales numbers or from the fractional vice president of sales perspective. Actually supporting them until they get to the point where they can afford to bring in full-time sales leadership or or until the existing ownership get to the point where they feel ready to really run the sales team at the size that it is and that's great fun so that that's what we do. That sort of what brought us to the conversation. Today i guess and and the the mission is what holds it together. We wanna get two thousand companies by the end of twenty twenty five. Got a lot to go well into the hundreds but we. We started to be more immoral time and grow in. So yeah it's exciting to be out the helping people. Here's what i want to ask you the first question you know. You're in the trenches. You're talking to a lot of these smaller companies. you know. Maybe they're doing a couple hundred thousand in revenue maybe they're doing a couple of million in revenue. And you know you've been doing this. What year did you start. mind racer. Well i started mine. Dreicer in twenty fourteen okon. Yeah so twenty fourteen so you had a few years you know you had six years or so five six years before the pandemic right so you saw what you learn a lot during that timeframe. What was the biggest change i mean. Obviously you know what were some of your. What were some of the things that you noticed. Some of the changes are some of the differences between the conversations. You're having pre-pretty pan-demic and then mid pandemic versus now like i want to try to get like a sense. It's almost like i don't know how to frame it. But but just kinda like where the status of where we are today through the eyes of your prospects in your customers. Yes so it went from confident. Investing growing to extremely uncertain and now there is still uncertainty..

okon
"dan morris" Discussed on Growth Experts with Dennis Brown

Growth Experts with Dennis Brown

02:46 min | 1 year ago

"dan morris" Discussed on Growth Experts with Dennis Brown

"Dot com forward slash guide. Now let's get on with the show. Hey welcome back everybody. And today we have another amazing guess. His name is dan morris. He's an investor and adviser abebe growth expert with mission to leverage his experienced impact a thousand businesses positively by two thousand twenty five. He's also the managing partner of mine racer consulting so welcome to the show and then i saw. Thanks very much for having me real pleasure to be here with you yeah. I'm glad we're finally put this all together a while back. We tried to do it. And i think you've got sick and you did. It wasn't anything too serious thankfully after everything we've all been through but not one for the voice being on a podcast so great to be able to get back on the calendar. Yeah i love it. Thank you so much for rescheduling and making sure that we did this just to tease everybody a little bit. We're going to talk about something very cool today. I'm telling you it's a little bit shocking in. Maybe even hard to believe. But but dan and his team. We're gonna talk about a case study today. That happened right through kovic. So how he was able to take one of his clients a sas company and help them five x their sales during a pandemic okay and he has a proprietary kind of like a format like a he calls it the four r's and he's going to walk through this process with you what he guided that company through. So it's really cool. And i mean i don't know of. I don't know. I've talked to a lot of people during the pandemic and i don't know anybody who five x theirselves so he must be doing something right. So that's what we're gonna uncover but before we dive into that. Give us a quick backstory. Dan talk to us a little bit. I mean you have this mission of helping thousand businesses positively impact their business by two thousand twenty five talk just a little bit about that and kind of how you got into this and then we'll get started sure. Yeah thanks very much. The thousand businesses is a big hairy audacious goal. And i got that from working with a business that was using the scaling up methodology and they wanted to set these massive goal and then work backwards from it and i was really inspired by a couple of years ago and i thought right well is the best way that mind racer can actually impact the business community and is by reaching a really high number of people positively so being able to take conversations like this and offering snippets out that people can just use is a very big part very well aligned with our mission so really happy to be able to share. I guess what goes here. I mean i was a very high performing individual salesperson. I'm the youngest of four brothers. They're all very high achieving people. I wasn't a particularly education focused person. I came out of the school system thinking right. I've got a lot to prove in a lot of expensive hobby. So i kind of needed to get to be good at what i was doing which was selling but then that works out really well and i earned the trust of entrepreneurs who ended up promoting me a lot ended up giving me companies and startups.

dan morris abebe kovic dan Dan
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:03 min | 1 year ago

"dan morris" Discussed on Bloomberg Radio New York

"House without a change, and so we let the temporary change we put in place during the during covert expire. On. We're considering whether we need to do more. But that would be the reason why it's just a wholly different situation than the leverage ratio was originally calibrated for any clothes on regulation. The federal sir vice chair of supervision from New York City this morning, Good morning alongside some key Lisa Grande with some Jonathan Farrow. Rectory Market up three on the S and P 500 advancing almost 1/10 of 1%. The Friday report widely anticipated Dan Morris of being people about talking that up as well right now on inflation, which he does link into Washington. Greg Reverie value joins us with A G F investments is morning note. Is a must read in all of Washington. I really can't say enough about it. I want to go back to whip inflation now great value. And I don't know if we're gonna have AH, redo of that here with about inflation, but I was just just inflation is treated differently by the GOP or by the Democrats discussed that. Well, First of all, I'm old enough time to remember the seventies when inflation did tremendous damage to Jimmy Carter's presidency, and I do think it's a real vulnerability for Joe Biden. You know, we all talk about the impact that the Fed or the markets, but there's a big political impact. You see extreme shortage of meat. You see gasoline prices higher. You see, really acute shortage of labor and you see housing prices on fire, and I think a lot of consumers will look at this filth. Intend to blame the incumbent President $71 a barrel on brand explain you're the politics of a gallon of gas. Well, it's visceral people. See, it s so clearly when they fill their tanks, they see the price of me. There's a story in the Washington Post this morning about a house in the D C suburbs that went for $1 million above the asking price. So everywhere you look you, you see signs of it, and the Republicans who have been desperate for issues that will give them traction may have an issue. Like what? The politics of higher wages. Well, that that is well, I think that when you see stories Lisa like the Bank of America, paying $25 an hour when you see stories about bidding wars by cos people are saying, I've got to pay all these higher prices. I need higher wages, and I think that's the big issue for the Fed. It's not corn or copper. It's wages. Well, this really raises a question, because inflation has been highly political, and the way that we normally talk about it is that Republicans have Yes, I'm hearing, Lee said that the Republicans who need issues I mean they can talk about urban crime and immigration. Gradually. A West Virginia is such an original and interesting state. Here. We have two senators with uncommon power. Explain the power of the senator's West Virginia even has one meets with Biden today. Well, first of all time you start with the fact that it's among the most conservative states in the country. So Joe Manchin, a moderate Democrat, can't stray very far. Shelly Moore. Caputo, who will be at the White House negotiating with the president, can't straight very much either. So I think ironically, their state needs a lot of money for infrastructure, but I think they'd be reluctant to sign on to a plan that the Democrats support that said they're getting closer. Late last week, the Republicans I'm close to one trillion by this come down from 2.25 Trillion to 1.7. They're getting closer. I wouldn't be shocked to see a deal Start to come into for really You. You? Yeah. You think they will defeat gridlock with this legislation? Yeah, it's not going to satisfy the progressive left. They're gonna be very upset, and what Biden has to do is say, Look, I'll take this now we'll come back from Or maybe the next bill will use budget reconciliation and shove it through Congress. But I think by the needs of women, I think it gives him Momenta. I think of deal is doable. All right when he needs a win, is he losing popularity among his own Democratic party, or is he actually gaining some cloud? As he actually moves toward accomplishing something. The two points quickly number one. His overall numbers are pretty good. Even with Rasmussen poll takers, they're conservative bite is well into the fifties, a Trump never got there. But among his own progressives, there's a growing suspicion that he may opt out of a very aggressive deal and go for something a little more modest that worries the left. Greg. I just want to wrap up kind of taking the left turn here. We've been talking about the hacks coming out of Russia that have affected both meat processing and previously the colonial pipeline. We've seen some pretty big kinks that have thrown into a supply chain that's already strained As a result of these hacks in these these malware events, I'm wondering what the U. S response. You expect to be whether it's against China against Russia or whether it's against Just creating a better barrier on a national level. Well, I say Lisa, first of all the meeting between Putin and Biden on June 16th is going to be pretty chilly. I don't expect any big breakthrough. I think Biden will threatened to retaliate. I think relations between the US and Russia could get worse before they get better. I'm gonna leave that Greg found. Yeah, of a G F. Just getting some comments from the prime minister in the UK Boris Johnson. Nothing in the data to delay the lockdown easing on June 21st. He goes on to say, starting to work out the impact. Vaccines. The prime minister, the British Prime Minister Boris Johnson, saw him nothing in the data to delay the lockdown easing on June 21st that headline just crossed in a Bloomberg terminal. John, Let me state this. I believe deaths or near zero. Believe they're single shot. Vaccination rate is world leading. Maybe with Israel. Maybe with a country I don't know. What's the point of tension? The date set of vaccine still ambiguous. There is a concern about the variant, first identified in India become the dominant there and in the UK on the vaccine's not standing up to it, Tom, I'm with you..

Joe Biden Putin Joe Manchin Shelly Moore Jimmy Carter Dan Morris Greg Reverie Congress Greg Trump Tom 2.25 Trillion Lee June 21st Biden $1 million Lisa Grande New York City GOP John
"dan morris" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:31 min | 2 years ago

"dan morris" Discussed on Bloomberg Radio New York

"Assessment roll released by the Department of Finance. The city has set a value of $1.3 trillion for its more than one million properties for the fiscal year beginning in July. Real estate taxes are the largest contributor to New York City's revenue and the primary source of funds that back it's approximately 40 billion of outstanding General obligation bonds. Charlie Pellet Bloomberg Radio. Apple has begun early work on an iPhone with a foldable screen, a potential rival to similar devices from Samsung and others. All that, according to a person familiar with the work, who asked not to be identified. Discussing private matters. Wall Street dropped again Friday to close out its first losing week in three this after reports showing the pandemic is deepening the hole for the economy as Washington prepares to throw it another lifeline. Dan Morris, chief market strategist at BNP Parable, as that management says the pandemic remains the biggest risk. Who gains on Wall Street. Unfortunately, we have plenty of distressing news there. So at some point, it accumulates sufficiently to the point where people start to rethink their forecast either burnings of her t v P. That could be something that would likely cause things to turn around at least briefly. S and P 500 fell 1.5% this week Global news 24 hours a day on air and on Bloomberg. Quick take powered by more than 2700 journalists and analysts and more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is the business of sports from Bloomberg Radio. Well, thanks.

Bloomberg Bloomberg Radio Charlie Pellet Department of Finance New York City Susanna Palmer Samsung Dan Morris Washington Apple