35 Burst results for "David Graham"
Why Is It Important to Potty Train Cows?
"Now we have online news editor david. Graham he's here to talk about potty training cows. Hi dave hey sir all right. We're already laughing but it's not silly. It's serious why would we need to tell cows where to go. Well house as you may have seen or heard make a lot of waste appeal lot. They poop watch and not so much of a problem if they're out in the field and actually it's not always the problem when they're in a bar setting because the way barnes have operated until recently scousers confined in these stalls through tied up and so they can only sort of excrete in one area. The problem which is kind of a bit of conundrum is that as barnes have tried to become more. The cows have more free roam in the barn and so maybe you sometimes have hundred or more cows roaming around a bar and on these concrete floors their pooping and peeing everywhere. And that's not only sort of a health issue for the cows and actually for people to but when urine feces knicks. It actually creates a monja which is a very toxic chemical both cows in for people Ammonia can become nitrous oxide which is a very potent greenhouse gas and so ironically by trying to improve cow welfare were also sort of hurting the environment and so the question is can we get cows. We get cows to sort of excrete in just one location. It would be a lot easier to clean it up or store to use it like as fertilizer or other types of things
"david graham" Discussed on Newsradio 970 WFLA
"And now that he wants to pause this, um this bill, I'm just, uh, worried there's going to be some drawbacks to it. Yeah, so his his op Ed, and actually, I want to make a quick correction. His op ed was in The Wall Street Journal was not a local West Virginia publication. His op ed in The Wall Street Journal. I thought it was very well written again. You talk about. I think a lot of people had the senior senator out of West Virginia had him really as the key cog as to What were Democrats going to be able to do? Uh, I think back nine months ago when the elections uh where we're all getting finalized, and you had an idea about what? Washington D. C was going to look like and a lot of people made the comment. Well, it looks like Washington, D. C is going to be running through West Virginia. And this is another case of that now whether Joe Mansion Keeps his feet on the ground and remains steadfast in this defense of not supporting the $3.5 trillion infrastructure supplement is certainly very well, uh, Has been well discussed. He's talked very tough in the past, and he's relented, inserted instances now it's not necessarily just Joe mentioned. Right now it's Joe Manchin putting his feet on the ground. Remember, We also have the senior center at Arizona. Christine Cinema, who in the past has also been, uh someone who has stepped up against the Democrats within her own party and have said Look Excessive spending unnecessary spending. I'm going to stop. And so when we think about earlier this year, who were the two senators that told Democrats Look, we're not going to support you in certain functions and have scuttled Previous builds and plans by Democrats. It's been Kristen Sinema, Arizona. It's been Joe Manchin of West Virginia now, and Joe mentions Wall Street op ed in and actually quote this from, I think again. This is very direct. And I think the listeners should hear this because I think this is important. He says, quote I, for one won't support a $3.5 trillion bill, or anywhere near that level of spending without greater clarity. About why Congress chooses to ignore the serious side effects inflation and debt have on the existing government programs. Don't know if you could say it any better. It's one thing to just say. Well, look, I don't support this infrastructure builds. I don't support it. You have to have reasons why you don't support it. In this case, the senior center West Virginia says. I'm not supporting it because we already are seen historically higher than average inflation rates and deficit in debt. Related to the government. Its historic both on a nominal in relative perspective again, I think his answer or his op Ed was very well written. I surely encourage listeners to read it. Uh, but again, I'm with you. Look, you don't get infrastructure plan, and that's fine If you don't want to get to 3.5 in Keith That's fine. You don't get to 1.6 in and I think they'll get it. But if you don't this economy, these economic figures are to continue to crater and it's going to put the Federal Reserve and a very difficult spot because they just said two months ago or three months ago. Look, we're going to start tapering backer asset purchases. The economy is getting a little hot. Sochi's Federal Reserve. So monetary policy look Federal reserve. The last decade has been one of the looser central banks around the world, and that's saying something you consider. The Bank of Japan has been keeping negative interest rates for the better part of the last decade. The BCCI European Central Bank, uh, has kept interest rates negative or for a period there five years ago, had billions of dollars of European based assets. European sovereign bonds trading at negative yields. So it's really saying something when you have the United States and the Federal Reserve our central bank. Be one of the very loosest monetary policy or central based loose monetary policy again. That's really saying something. We saw a bit of disagreement. Keith over last week, we had Fed chair Jerome Powell a week and a half ago at the Jackson Hole summit basically say, look. We're going to start tapering. We're probably going to announce the tapering plan in November. But if we start seeing weakness in the economy we're going to remain. We will flip back and we will mean very, very dovish. Just because we're going to start tapering doesn't mean we're going to start raising interest rates and to keep in mind for listeners. Federal Reserve has not touched interest rates. Interest rates from the interest rates of Federal Reserve can control, which is the discount rate and then indirectly, the Fed funds rate are still zero bound there between zero and 0.25%. So again, historically very, very, very low, But he has said Look, we will remain. We will. If we need to return being dovish, full fled dovish. We will do it if we need to be. Conversely, across the ocean, Christine Lagarde, the chief of the European Central Bank, has said. We're going to start paring back our monetary support. We have no problem doing it. We're going to pare back our support because some of the economic development or economic data, the worst scene says You don't necessarily need the same monetary support, and the result has been Keith this past week. And I think this is why the supportive for listeners using the dollar B. The weakest. It's been in a couple years now. The dollar for the beginning part of 2021 had done actually pretty well. But if you look at the U S dollar last, say three or four years, it's been a one way trip and it's been lower in this past week. You saw the dollar get lower, especially compared to the euro Now. Why is this important to investors? There are Reverberations to a weak dollar. Currency movements in the United States do affect multinational conglomerates Pretty materially why this multinational kilometer? It's a like a company like Johnson and Johnson have a lot of their sales overseas, actually, in the case, Johnson Johnson more than 50%. Their total sales come from overseas. When the dollar weakens compared to an existing currency that they buy in. That's good when the dollar gets stronger compared to a foreign currency that might be purchasing a respective Johnson and Johnson good somewhere else during that period of the targets stronger. They hurt they is when they try to re appropriate that money back which a lot of times they don't but from accounting purposes they do. They were able to bring back lesser dollars again because the dollar has gotten stronger compared to the currency of which that foreign good that was bought. Came over, Um But right now, the dollar getting weaker compared to the euro could be a tailwind in the short run. But I think for listeners and savers, and this is a commodity, a precious metal that is You know, Keith, I don't know how many times it comes up in conversation on on a weekly basis for you, but I know my conversations with clients. It probably comes up four or five times a week. So let's say once a day, people ask me about gold. So that our breaking news between the Central Bank the Federal Reserve in the C B in the weaker dollar that has resulted from it has been very good for the prices of gold price and U. S dollars here this past week. Gold was hired by more than 2.5% very strong performance of the precious metal Keith How many times you get phone calls in regards to gold and people asking about golden? How much allocation they should have in gold? Oh, so much, especially when we've already witnessed gold have a hike in value about a year ago. Um, the major question is Do they buy gold in the market, or do they actually purchase gold itself? And what are your thoughts on that when clients ask you do Should I just buy the gold itself and keep it in the back of my room? Or should I actually look for positions based on gold in the market? Right, So I think there's some we actually talked about on the show Last week, Keith and I think gave it actually brought it up. And it was a question that he actually had. So look. Can you buy gold for yourself? Absolutely. You can buy gold for yourself. There are plenty of websites out there. The U. S men will certainly be more than happy to offer you gold coins, silver coins, and you can keep it in your own house..
"david graham" Discussed on Newsradio 970 WFLA
"It's a day set aside to honor our loved ones that have given their lives in defense of our country. It's a federal holiday and No in the gram household. That's always been a special day. Ever since I was a very little kid, this far back as I can remember. Years ago. I remember my mother. My aunts, My grandmother. They would royal a little red flowers. I think there were poppies and my grandmother lived in an old brownstone house and the Ironbound area of North New Jersey and you're the airport back 75 80 years ago. Was a Polish German area made up of immigrants. Nowadays, it's all made up of Portuguese. Grandmother would always be washing her front window because in the window, there were two gold stars. My uncle Stan, and now they were both killed in World War two. Stand with my mother's older brother. He was killed in the battle of the Bulge on Sadly, a couple of weeks later, her younger brother Al was killed in the Philippines and you Of war. There's an entire generation Power generation of young Americans have no idea don't even really know what Memorial Day is all about. And maybe that's a good thing. Maybe we were evolving as a society now where I'm not gonna have the losses that we've had, you know you and that says something. So you so in honor of my two uncles, uncles I never met. I named both my sons after standing, Alan. You know, again, Thank God that there is a generation of Americans aren't really sure what it's all about, because that's a good thing. That means And in service to your country. Then with that there's a psychological fact of the week. People often pace or talking on the phone. Because they don't get any visual feedback so the brain brain makes up what's missing. Translating. Emotional responses. Basically how you feel into involuntary physical responses. It's similar like when someone's talking, they start waving their hands. It's the same thing a brain but subconsciously is working. Working, and we don't even realize it's working boy unless week I got a few emails from people talking about federal crimes. So then the consequences I figured out throw another one out there. It really would be impossible to count all the federal crimes that around the books and you know, so here's what Here's another one. It's a federal crime to pretend that you're a member of the Red Cross. You get money. Okay. I don't know what the Red Cross did get them to make it a federal crime. But that's something right in itself. Boy, I'll tell you And also the markets this time of year is summertime. We are here now. Is the less trading but we're gonna have a lot of volatility all across the board. Now it's summertime and and let me give you something to truly truly think about if you're getting close to retirement, and you don't want to get hurt this summer. It's so simple, but it's a matter of getting people to get off their butts and do something to make that call to get the guidance that they need to preserve and protect what they have. It's frustrates me sometimes because it's so simple to understand. And yet it's like it's this giant weight that you can't lift when oil Luis, right, frankly, about this case, just make a phone call and call us one of my talking about trying to try to understand this. As obvious as this may sound if you simply do simple math. You will see that the best way. Did not take losses. Giant losses in the stock market is to do one thing. Don't lose it. You know, I always tell clients who want to try to beat the market in some way to just look at the obvious. Naturally, a boarding losses is never easy. Deciding when to sell is a difficult decision. And the sign went to buy stocks back. That's equally challenging. You know, not not to mention what you should buy in when what have you and it's always always a predicament, but still When you really look at it. If you want to avoid large losses, it's critical critical if you want to have a successful retirement It's just numbers, simple numbers, the mathematical terms, Ross's matter because they're the opposite of gains. Make money or your Louis money. You lose money, or you make my So what does this mean? This mean that most us have more impact on returns, then gains. And here's an example what I'm saying. If you have investments that have a 10% loss. Falling from $1000 to $900 to get back to even you need to make an 11% gain. Which is a traditional $100 on your $900 balance, so as the losses increase in size, the minute that you need to break even grows even larger. In order to break even a 25% loss requires a 33% gain a 50% loss, one that I always use, and none of the other show its aims. A 50% laws requires 100% game. In a 90% loss that requires a 900% gain. So if you have to have an understanding of the impact that losses won't have on your investments. It's truly probably the first step in understanding and best thing. So now more than ever, it's important to understand. You know what I'm talking about, especially with stock prices now being at historical extremes now Valuations have totally off the wall. The buffet indicator just through its hands in the air. You know, you can't get any more red flags out there. Yeah, but still so. So. So, what does this mean? This means you need to be proactive. Get off this Wall Street roller coaster Right now lock in any games that you have remember, it's may remember the old cliche. Go away in May and come back in October. Mark. It's always have a rough summer. So I mean, what you want us to come back and October with all your money still there? If you have an adviser that hasn't even brought this up to you that he isn't out of producer. Remember, he's losing your money, not his money, and I grant capital Vices were Presently reinvesting our client's money to earn the side of caution. Always remember. It's the little victories that when the battle the race between the rabbit and the turtle, all right now you should be invested has a turtle. Going into this summer. The Grand Capital Advisors. We can help you.
"david graham" Discussed on Newsradio 970 WFLA
"Package. Whether it's another check bead set out there needs to be a catalyst to give this market another leg higher. Sure. Okay, scratch. What were some of the big developments that moved the market. Well, keep what we saw this week, I think was a tale of you know, we talked about two halves. But I think for economic perspective, it was basically for most parts. Good news. We saw jobless claims fall and continuing and that met expectations in terms of how many people are filing jobless claims. So we did see a fall there. We did see a little bit of Ah increase in hiring, which is encouraging, especially because there were questions last month. About hair. We get to see people actually come back to work that seemed to be a popular conversation after we saw really big jobs miss for the month of April. On then secondarily to that, and I think this is probably the biggest development from a from economic point of view. Retail sales for the month of March, which we just got in the last 72 hours was fantastic. Um, very, very good. Now there is some concern that April not be a strong some of this has to do with the fact that considering the timing of stimulus checks, a lot of people got their stimulus checks in the month of March. So naturally, money comes in. Money goes out. Uh, retail sales. I think when we want to Look at the breakdown of retail sales. What are people buying are people buying cars or they buying groceries goes grocery goods, eh? So again, I think that's probably the biggest Touch that we need to monitor But as we go through the summer, I think one of the most important uh, variables economic variables that people need to watch our retail sales going to continue to remain strong. At a time when stimulus checks Are done, and I think that's a big question. So you know if this is independent of the infrastructure bill, but I think it's going to be very important to see what the retail spending looks like. If it if we see a lot of, say TVs, computers, automobiles being purchased than people are very, very comfortable, and they're very enthusiastic about the economy. If you see more people buying grocery goods or any type of consumer, discretionary or human consumer staples, you know you're you're you're, uh, underwear or socks? Uh, you know, basic, necessary close. Those would be examples of consumer staples. Um Then you're seeing a degree of Hey, we might need the bunker in here. We're not going to splash and spin for those picker ticket the items because we need to save some money. You know the stimulus check. We just There was our last one that we got a couple months ago. So we're gonna try to hold on to this as much as we can. Again. It'll be very interesting. I think that's something we definitely need to keep an eye on throughout the summer. Sure, listening to stash Grand, the chief investment officer of Grand Capital Wolf Management in Washington, D C stocks, let me ask you Who are some Of the asset classes. Where their performance struck out. That means they haven't been moving at all now. Right. So I mean, you look at well financial financial assets stocks had not done well. But in particular technology technology was very, very weak, even though again, it did have a degree of strength towards you. And we're talking about NASDAQ goes down more than 2% of the week. This continues a trend of underperformance. From the technology sector so far this year. If you look at the major indexes, the S and P. The Dow and the NASDAQ, the S a. P and the Dow are absolutely outperforming. In crushing the NASDAQ s. Oh, there's a big difference in performance and to be frank, That shouldn't be surprising to people. When you saw the NASDAQ do as well as it did last year, compared to the S and P and the Dow, there was a degree of breather that needed to happen. And so I think again. Overall, people shouldn't necessarily be surprised by that. You did see relative strength, even though it wasn't great performance out of hard assets out of gold out of other commodities. Uh, so you saw a positive performance, which again is better than anything we saw from domestic indexes, but you just need to necessarily see any outside performance. There wasn't any three or 4% move higher. You saw basically a flat performance a 0.25 point 25% again, Negligible difference through five trading days his past week. Uh, The diet, the dynamics of the colonial pipeline and impacted energy commodities. You saw energy commodity spike very quickly and then fall off. Very, very fast. S o U didn't necessarily see sustained high gasoline prices on now. We are talking a week later, Colonial pipeline has resolved the issue. They were able to pay $5 million to the Eastern European think it's widely speculated Russian hackers on they were paid five million in a crypto or digital currency. Um, so the colonial pipeline situation has now been resolved. And we should see a degree normalization in the movement of oil or to make gasoline up along the Eastern Seaboard, the United States That's where does the rest of the second quarter take us? And what should we be keeping an eye on? So I know the previous ST segment. Inflation came up and I think that's probably a good place to start. Keith. We warned about this month month and a half ago. That the CP I consumer price index prints were going to be artificially high. Remember when you compare producer Price Index or consumer price index. E P. I P P i the two. Most of all the major inflation indices those air to the most prevalent..
"david graham" Discussed on Newsradio 970 WFLA
"Drugged. Driving. Our grief is unique. But you are not alone. You always have a place at mad. Call our 24 hour victim. Help line at 877 mad Help or visit mad dot or tell your smart device to play telling you F L A on my heart radio. This is news radio W F L, a financial analyst feel that the stock market is now riding the crest of a giant wave. And what goes up has to come down and when it does, hopefully it won't be with our retirement money. If you're planning for retirement. How do you plan correctly was so much uncertainty in the financial markets do what I did go to Graham Capital Advisors for advice, their retirement fiduciaries in the field of legal planning and investing one stop retirement planning just go to their websites to schedule an appointment at Graham Capital advisors dot com. You're listening to guaranteeing your retirement with your host, David Graham from Graham Capital. Look at them. You're yours. That's the way you do it. You play that detail on him TV working. This is Dave Graham, the retirement guy and you're listening to the second half of guaranteeing your retirement. This beautiful Sunday here in the Tampa Bay area to be in the low eighties, which is kind of nice. Shows broke a big grand captain advisers. You want to do things properly for retirement? I want to take the stress out of it. And take the worry out of it. Go to our website and schedule an appointment to come in to see us. We can help you plan properly for retirement. Remember, retirement planning is different than anything you've done in your life get true fiduciary guidance and we can offer that to you at Grand Capital Biases. So go to our website schedule an appointment. Graham Capital advisors dot com and online We have Alex Graham, the president of Grand Capital Advisors in Washington, D C..
"david graham" Discussed on Newsradio 970 WFLA
"Little cooler today and the razor. I'm winning games. Which is nice. How did the markets do this past week? You know, markets were largely mixed. It really depends on what sector that you follows. So if you are someone who was in the broad equity markets, say, the Dow Jones industrial Average or the S and P 500 You made some money this week. Nothing crazy a percent or two between the Dow Jones and the S and P 500 a little bit of a different story. Even though technology finished the week strongly, Uh, you did see relative weakness in the NASDAQ. The NASDAQ technology have a sector was in the red pretty much all week, even though it did have a strong Friday. It's still ended up in the red on the week so again. A mixed performance that in three major indexes in the commodities world you saw continued strength. Gold in particular was up about 4% on the week s O. You saw relative strength from the hard ass. That's the real assets, your commodities, um that again they have have benefited. From a renewed weakness in the U. S. Dollar at the start of the year for the 1st 60 to 90 days you saw relative strength from the U. S dollar but over really over the last 30 to 45 days, you've seen weakness out of the U. S. Dollar resuming its multi year downward move, Uh, that again isn't necessarily bad for financial asset prices. A weaker dollar generally helps. Uh, American businesses from an aspect of it makes goods cheaper for them to buy. Um, and it makes them more competitive overseas when they want to sell their products. But obviously we know we still have terror fish use that have really weighed down on those types of American companies looking to export internationally. And so again, I think that's probably one of the reasons why you've seen under performance from, say, The Dow John just ill average of the last couple of years compared to the NASDAQ or the S and P. 500 is because when you look at the Dow Jones industrial average You look at the companies that make up the index, and you aren't largely their multinational conglomerates there. American domiciled companies that do a lot of their sales. In some cases, the majority of their sales internationally. The weaker U. S. Dollar actually hurts those types of businesses. Um, because ultimately, in the end, uh, when they try to bring the money back Onshore. It's more expensive and and Again. It's some of those dynamics that I think you're watching. But overall, I think the big story was how commodities performed in particular precious metals like gold and silver. Yeah, I started to show this morning I saw a figure from the U. S Mint were in the first four months of this year. They have printed Millions of silver coins. American Eagle coins four months more than they did the entire year of 2009 10. And when you see that then when you look at this, taking silver is an example of you know the dollar being weaker. Silver is an industrial commodity. He's 75% of Silver doesn't go into coins. It goes into your computer and phone and what have you They they had. They've had difficulty in mining it And this incredible demand for it so supply and demand it. You can't go anywhere but up, especially when you look at you Look at something like corn and copper doubling over the year You got four by eight. Three quarter inch plywood 55 bucks. Good, Josh. Everything is going up. So what would you look as, for example, silver right now, like you said, and gold and silver. I mean, is that something that should be recommending? So well, it depends on the circumstance, every person circumstances different where I would say again the difference between gold and silver. Gold is largely Maura's. If Fiat currency is the currency alternative, where silver has more industrial use gold is obviously very prevalent in in jewelry, but you'll find silver in a variety of products. You'll find silver in pipes. You'll find silver and wiring. You'll see silver and solar panels. For example on certainly you've seen a lot of growth and solar panels over the last decade. So silver is much more of an industrial use. If you believe when you get a large infrastructure package, and I know right now, that's the current debate about what to do with this infrastructure package of President Biden has been pushing for the last couple of months. You believe there's gonna be a comprehensive infrastructure package. You should see demand for silver increase. Now again, It's gonna be important. The relatives dynamics of supply and demand if we see a massive supply and silver well, if the supplies silver increases the same rate demand increases for silver, you're probably not going to see much change. But this goes to a bigger point. You mentioned agricultural commodities like corn and weak. Um, this recession has been so unique were likely never to see this in our lifetimes ever again. You have a dynamic where you had an economy contract. You saw households and household income go up now that is directly tied to the U. S government in the very stimulus packages under the Trump administration, and now under the by administration, you never see recessions were household income actually goes up. It's exactly the opposite of what logically happens. What's happened? In history. Um so this make this is such a Ah, unique situation. And again. You see it show up in commodities. Good was trying to do a home repair right now. You're not gonna be able to find copper. And if you are going to be able to find copper, uh, you're gonna be paying a much higher premium. And that's if you could even find people to do the job right now. Obviously, you've seen a massive amount of inflation and home prices over last year or so. And some of this is exactly what we just talked about. Household income has actually gone up overall. Um, that's because the government stimulus then you have the Federal Reserve on the other side making money. 20 full in sheep. So it makes it easier to borrow on Tao. We're at a point now where banks or literally giving money back to the federal Reserve. Um, because they just their balance sheets or too bloated. Yeah, they don't need it. It's a great We're living in a crazy, surreal space and time now, uh, yeah. When you're thinking about it, I mean last year We had a once in a 100 year pandemic The government was giving money business is just not the close up me payrolls and what have you and the markets go up? I mean seriously. You know? Look, the jobs report for April just came out. What did we learn from that? So not great. It's not great news. I think A lot of people were surprised, especially due to the fact that on Thursday we saw jobless claims at a pandemic low so clearly there's a disconnect where you see jobless claims that alot you see a big a big boast of strength. In the jobs market least people thought we were going to expect a good jobs report, which came 24 hours later. But when you actually look at it, it is ugly on by, think again. Overall, when you see this type of Ms and what we're referring new is that month of April's private payroll jobs, Porter nonfarm payroll jobs report. It's not good. Now. Some of this will be pointed to the fact that you see you're seeing that absence of a safe flood of lower wage workers. Um, you're just not seeing it that some people will say, Well, it's because government benefits you're there and you're not seeing the minimum wage workers in the hospitality, leisure space come back, and that wouldn't be necessarily wrong. Uh, U S Chamber of commerce came out the report late on Friday and said one of four Americans are making Maurin unemployment. Then, then they would be otherwise with the regular wages. Now it should be mentioned that that number has been coming down pretty dramatically. Never. Chicago had a report that we quoted a couple times last summer, where was over 60% of Americans were actually collecting Maurin unemployment than they were in their regular wages. Now it's one and four from U. S Chamber of Commerce. Ah, Again. Obviously, babe, represent the biggest businesses and in the United States s O that members coming down, But we're still not seeing people come..
"david graham" Discussed on Newsradio 970 WFLA
"Of our national parks. Billions of dollars to for maintenance or finally getting that, um, doing that through nothing else. I've seen some breaking grounds on that. So you know whether it's going to Zion National Park about the Y O me. I'm going to see Yosemite. It's gonna be definitely a good summer for domestic travel. But for those of you who may like to go abroad like to go to Europe, you like to maybe go to other, more exotic locations like that. Moving. You're still see a lot of restrictions there. You know, the EU says you're building up. You know when you get there will be the same experience means a good question that so is it worth being that the investment in there? So summer travel. Definitely very, very USA focused, be kind of interesting to explore long, far apart. The United States were huge country and sometimes I feel like it might get over loved. You know, everyone is looking to get out of the house to travel to go somewhere. People in Florida my age. We haven't seen grandchildren were looking to see them. Do you figure you feel that the airlines are they going to gouge people on rates now? Well, you know, they're gonna make up and start paying back from that debt. They've been issued s O rates of definitely climb dramatically. Airfares have at least might have been from obviously working toe, support our clients into the business from traveling a lot more during all of this. I've definitely seen fares come back to normal of higher than they were before the pandemic s Oh yes, rates will be a little bit more expensive for any fly if you start booking early or use a lot of kayak, But I also think the good old American road I think road trips. We make another increase, whether it's be a car or an RV, which ultimately means to we have look and plan for gas prices to increase with that. We've seen definitely a jolt in the first quarter of this year, starting with sort of issues of Texas that really knocked off a lot of our refinery caper that capacity and that coincided with people feeling comfortable to drive again. Round trips, so two areas and be a little more expensive to travel. Potentially the summer s O just plan especially can and then expect a little bit more fish sticker price at the gas, Bob. Very good. Or Alex. As always, We appreciate your sound sage advice. And we'll be talking to you next week. Let's just see how it wraps up here. You take Europe in Washington. See it goodbye. You know so much is going on. Now We're finally opening up as a country and that's a good thing because good gosh, you know, people have been getting kind of close before, but just staying in the house go on the public's staying home again. And we all want to start taking trips. We want to start traveling again, and hopefully hopefully we're this. This virus is just about finished now. And you know if you haven't got a shot Please get the virus shot..
"david graham" Discussed on Newsradio 970 WFLA
"Agencies are investigating a ransomware attack. I'm Pam Puso Fox News. The cybercrime has paralyzed a major fuel pipeline. The Colonial pipeline runs some 5500 miles from Texas to New York, delivering 100 million gallons a day, or roughly 45% of all fuel on the East Coast, which includes gasoline, diesel jet fuel and home heating oil. No operators shut it down Friday after the ransomware attack. And the president was briefed the White House releasing this statement, saying the federal government is working actively to assess the implications of this incident, avoid disruption to supply and help the company restore pipeline operations. Fox is Cliff Jenkins, thousands of assault weapons machine guns and sniper rifles have been seized by the U. S. Navy. Officials say the arms shipment that was intercepted in the Arabian Sea was bound for Yemen to support the country's Houthi rebels. Police in Denver are searching for a man who shot and wounded a police officer last night. Residents in a neighborhood northwest of downtown have been advised to stay in their homes. Ah, gunman is on the loose in New York City after three people were shot and wounded in Times Square, including a four year old girl. NYPD releasing footage of a person of interest, saying he would be caught shortly Commissioner Dermot Shea, blaming the tragedy on bad policy and the spread of illegal firearms. That's boxes Ashley Strohmeyer in New York. Several people are hurt after the balcony of a beach house collapsed in southern California. Local media outlets say the victims fell 10 to 15 ft onto rocks and sand yesterday. Two people are said to be critically injured. The Malibu home was reportedly being rented for the weekend and may have been packed with more than two dozen people. America's listening to Fox News Before its Central Credit Union Auto Loans Traffic.
"david graham" Discussed on Newsradio 970 WFLA
"Looks like Thistles. What this president is doing. He captured. Thank you for the money list you Hey, Horror has lived in the U. S undocumented for 20 years. During that time, she married a former U. S Marine and had two kids. She was given humanitarian parole by Homeland security. It does not mean she can stay in the states permanently. The annual Hemingway look alike contest returning to the Florida Keys this summer organizer say the 40th contest at Sloppy Joe's Bar is scheduled for July 22nd through the 24th with a reduced entry field. The bar also plans to stage it's running of the Bulls. Spoof event where parade of Ernest Hemingway look alikes ride fake bulls on wheels with Florida's news. I'm Kimba Tyler. This is a Bloomberg money minute. Walgreens wants you to think about it for more than just prescriptions and snacks, Bloomberg reported. Jenny Serene, says It also wants to be your bank, part of kind of their broader strategy of diversifying the revenue that they've taken. The drug store chain plans to roll out a bank account for customers offering rewards tied to its loyalty program. Walgreens doesn't plan to become a bank and will instead partner with South Dakota based Meadowbank See this a lot with retailers to want to make it to the customers are paying them visits a little bit more regularly, but they say very, very far away from applying for a bank lessons or think charters because that just comes with so much regulatory rigamarole Brain says Attracting customers to Walgreens New accounts won't be easy, even though they thanks basically don't offer any benefit from like interest rate perspective. People still really hesitant to move Walgreens. Alone in its financial services aspirations. WalMart, with its own huge retail footprint, also has a financial startup in the works. Larry Kowski Bloomberg radio. Federal.
Anti-Mask Protesters March Through Fort Lauderdale
"Effectiveness of reducing transmission of coronavirus residents in Fort Lauderdale took to the streets Saturday to protest mask wearing a couple of residents telling NBC six why they were out their freedom of speech, and we're just expressing our disagreement with What we're being forced to do it a lot of places and that's just wrong. Wrong. E no mask. They don't work and everyone knows that they don't work. Their time has come and gone. The protest comes amidst a new record for coronavirus vaccinations. In one day, the White House tweeting 4.6 million people were given shots on Saturday with Florida's
FBI Remembers Special Agent Laura Schwartzenberger Who Was Killed In Sunrise, Florida
"The FBI on Saturday remembered a special agent killed in South Florida last week as someone who would also reached out to the victims. Families Lawrence Schwarzenberger work cases involving crimes against Children, and they asked How they could help Laura's two boys, and that speaks volumes about what Laura meant to this community. That's FBI director Christopher Wray Schwarzenberger died along with fellow special agent Daniel Alphen as they tried to serve a warrant in Sunrise. A memorial for Alphen happens today at Hard Rock Stadium at two
"david graham" Discussed on Newsradio 970 WFLA
"You don't need government Simmons, but they don't have anything. And so that's the tricky part. How to stem the tide of these rain. These defaults that are eventually gonna come remember addiction of foreclosure freezes or extended by President Biden to March. So now we have march to see what this 2.7 million homes right now that are seriously delinquent. Uh what? How is that going to be handled again? 2.7 million might not sound like a lot. But when you consider that new home sales or total home sales are generally range up five Million a month. That is a significant amount of supply that needs to come onto the market again, probably through foreclosure or distress sales. But again, you still have Almost three million homes that just has a right now are 90 days more late, and generally speaking when you get to 19 days, Maura Lay it doesn't really matter What credit metric. You're coming from. Very, very small percentage are able to get out. And so again. I know that's that's a very gloomy thing to discuss. But when you factor in finally Again I mentioned before. The stimulus check that people got just two weeks ago is half the size they got in the first round of support payments, so naturally, the impact is not going to be a large And probably second, and, most importantly to that, for those who do not meet, spend the money on necessities like food and rent. New York, said came out research just a couple days ago about Where people are going to put that money, and only about a third of that money may go to consumption. The rest is going to be saved, or should we put down the page to pay down debt? And again for an economy that relies on consumption as we just highlighted poor retail sales numbers the previous three months and we might get a rebound in January. That's realistic to expect, But what's happened? What type of growth are we going to get a retail sales in February and March? I think that's going to be the ultimate sign where maybe in stimulus past that money went to consumption and buying TVs and buying bikes and buying cars, But in this case, there is a growing course of stimulus dollars. Better. Good. She's gonna sit. It's going to set up bank accounts or it's going to be paid off, be paying off debt and not going to be consumed in buying goods. Sure, only time will tell time will tell because we're going into unknown waters with everything that's going on and I appreciate you watching what's going on and taking care of all of us? Dosh As always, We appreciate your guidance and advice, and we'll be talking to that next week. Let's see. Let's see how the week goes down here in Tampa Bay. What getting ready for the Super Bowl? You take care. Uh, Let me say this day if you haven't heard me say this before you know, Stash has civil graduate degrees Johns Hopkins. He's the best of the best. Any man. It manages 1/9 figures in assets he search chief investment officer He's in charge also of private funds. If you're an accredited investor There is absolutely no one on the radio in the state of Florida that has better qualifications than he has. So If you're getting ready for retirement, you have a portfolio. Performing that you feel needs. Twitching. We're just guidance on Are you investing the proper way for retirement? Remember, retirement planning is different than anything. You've done your whole life. You don't need to be in mutual funds campaign some some broker a trailer commission, the 15th of every month. All these things that you're not aware of, because you're going to see somebody that's an ass head gatherer. Someone that's a fiduciary on our company again. We want you to know exactly what you're doing, how you're doing it. I'm getting getting the Gunnison advice that you truly deserve. You know, your retirement money is what you got. This is it and you can't make mistakes with that. Went in with our company. We look at it if it's our own own assets, and we want to make sure that you're going to do it properly for retirement. Always remember, retirement is three legged stool. Illegal. You're sure legal house in order without that You don't have anything. That's the foundation of your financial house. And then you get a plan. You go to a church. The chart of financial Dies. They're certified estate planner. You go to someone that's going to create a plan for you that you know you can follow and understand easily. And when you do start getting concerned, you look at your plan and you'll see that you're on course. It's just like sailing without a compass. You don't know where you're going again, then last, but not least, it's always the investing. Make sure you don't lose it this if you lose a dollar, then you gotta make $2 to get your money back. You don't want to do that, As you get older, because, as always were running out of time, but that he said stash could help you do it the proper way the right way. Here He comes into our office. There's a week or so you could see him virtually on on the screen and let him manage your assets properly. You deserve the best. And I'm very fortunate that we have him taken care of us. Just like your jacket. Ted say you don't want to worry about it Stress free. What are our website? Scram Capital advisors dot com. When you look at everything that is going on now in Washington, you know we have a new administration. Hey, look at all these executive orders an executive.
"david graham" Discussed on Newsradio 970 WFLA
"That's Grand Capital Advisors that calm Yeah, Natalie, we're gonna be having Alex Graham calling from Washington. So let me know when he comes on. He's ready. Yeah, he's ready. He can. Oh, he's ready all online. We have Alex Graham. He's the managing director of Ram Capital Advisors in Washington. D C Good morning to you. Good morning, David. How you doing? Doing pretty good. Pretty good question is I have Keith with me here. Start start start off with this one after you know, while ride in the stock market this past week. What is the SEC and Congress going to do a review of some sort? You know, we're seeing a lot of insanity. Now. I started to show talking about that. James Stock company going up 14 1500%, and it doesn't even have decent earnings. I mean, we're living in this a real world now. Yeah, you know, ultimately that if you're around the head, but they'll be revealing. Um, And it's not necessarily the actions that were taken in terms of where these air essentially small retail investors flexing their muscles That's really hope to drive. Uh uh, the share price of James, Stop about 102 100% or so Will be interesting Tol watch those what this Congress actually look at and you know, a lot of you will be wondering. Is it people being able to artificially raise DOC prices, in fact that stock prices don't match how come there's actually performing In this case, it won't actually be that, um they're weird thing happened over last week. And that was the alignment of the right. The left and everyone else in between against the hedge fund and parts of Wall Street. And what I mean by that is the infamous short sellers. Um, this the whole scenario, which game stop is the one everyone talks about? There's a couple of the company's AMC theaters BlackBerry for Remember, Those was some other participants in this Of our retail investors. Really, um, took a shot at and made a lot of money off of institutional short sellers. Billion dollar baby, almost trillion dollars like organizations, Uh, And what will be investing does not necessarily you know the David Goliath story that kind of portrait last week. But what happened when Some things like Robin Hood, TD Ameritrade. Even Charles Schwab cut off access to retail investors able to buy those shares or even maybe transacting those shares. You know what broker trash here with? And what was the reason behind? That is ultimately it did cause a correction and those respective stock prices. You kind of alluded to. It makes more sense because of that Getting stuff is not worth what it is being one ounce about $300. It's not worth that. But at the same time to Y is it Robin Hood or a TD Ameritrade's business to get involved in that it really should be on margin, like they should not be involved in restricting access to people's accounts. Yeah. Wide range from the infamous AOC, um, in New York to Ted Cruz in Texas, agreeing on that, that that that is not their calm that they themselves. Them as in brokerage houses. Maybe the mid manipulating the market themselves. It was a very bizarre week to say the least on guy think that's when you see a lot of reports. Investigation's over what happened during those days. And why did they make this calls? Sure. Sure if you sir Alice. How does that impact me? Well, ultimately comes down to them determining and what's not making the rules or laws about what can and can't broker chances do to restrict your ability to trade? Through the day. You may be using their platform, but that's your money. It's money that we potentially also managed on your behalf. Should you be restricted in what you're doing? You know, maybe with some limits, but in the grand scheme, things they should not be able to say yes. You can trade this. No, You can't trade this. Barring some, you know, other larger issue there. I think that's what ultimately when it comes down to how you can use your money for your retirement for your savings, or even in this case. For fun. Um, this is definitely is not a normal scared to be in, but you know it's not up to them, and I think that's what you see Congress and you will see the SEC investigate how didn't sure that the free market actually exist and that even the small retail trader Can make a bet that they want. You sure? Alex, let me ask you this if someone says to me Hey, When it comes to my money. What should I do? For getting close to retirement. What do you recommend? Well, you know, everyone has something What I call foul know where our fear of missing out In this case, You know your ex steel. Obviously, the headlines of the markets are rally. There's crazy going things going up and down. This person made a million dollars on this one stock. Over the office, but I didn't left him like to say is take a deep breath. Have your investment in your retirement plan in place. But don't don't live on the headlines because you can definitely drive yourself a little crazy there by logging in a lot by reading the headlines wondering why you're not making 80% returns because you only had a lot of upside with the last few years we haven't had We've had a couple blips, but they were short lived blips. When you're coming When you think about retirement, you think about long term financial planning. That's the last thing you want to ride is a roller coaster. The last thing you wanna do is have to worry about who didn't make a lot of money or could potentially lost a lot of money today. And like this game, stop BlackBerry that what's been going off the short sellers? That's a very risky, very risky investment strategy, and most people who only made money when they traded options were even more risky. That's not something that something you incorporate into a retirement plan. It's very different things. And just but I know it's very hard to separate that fear of Missy now because you hear about it from whoever at your local tennis courts or your local social Barbier socializing nowadays..
"david graham" Discussed on Newsradio 970 WFLA
"Experts I count off news, traffic and weather. Tampa Bay's news radio W F L A PEOPLE clamor for the Corona virus vaccine AZM or die from the virus. Penelas counties of Ointments for next week filled in one hour, Florida reported another 156 death from covert 19 Saturday. People in Miami heard him first broadcast legend Larry King's death Saturday reminded people off his 25 year run hosting Larry King Live on CNN. But he got his start in South Florida and gained fame Wi OD radio, where he developed an interview style that made people want to sit down with him. They know they're going to get a fair shake, and the show is about them, not me. King died in Los Angeles at age 80. Seven he had battled the coronavirus. A space X launch from Cape Canaveral that would have carried 133 spacecraft into orbit did not happen. As scheduled Saturday Cloudy weather forced the scrubbing It will try again Sunday with Florida's news. I'm John Mc Weston. From the Florida Central Credit Union Home Loans Traffic center. We're looking in great shape across our Broadway's I force checking in accident Free East and westbound. No big delays to report across the Leroy Selman Expressway, and I 75 is clear. The Skyway Bridge is traveling at top speed as well as the Gandhi Bridge, and we're in great shape across the Courtney Campbell. Cars way. Tianna flipping these radio W F l A from the Rhino Calm Weather Center. They've got your gutters covered. Warm. January Day underway temperatures making their way into the mid to upper seventies under Partly cloudy skies and will stay. Dr. Tonight will be mild lows near 63 High pressure is in control to start the work week. We'll see a lot of sunshine and above average temperatures each day highs will make their way into the upper seventies to near 80. Our next cold front moves through on Thursday with a few showers and we will see cooler temperatures behind it with highs on Thursday and Friday in the sixties, I'm Max to venerate meteorologist Amanda Holly. This report is sponsored by Merrill. When questions find you, Marilyn. Head. Self directed investing has personalized tools and insights. They help you find answers get started at Merrill edge dot com slash within..
Larry King, legendary talk show host, dies at 87
"Miami heard him first broadcast legend Larry King's death Saturday reminded people off his 25 year run hosting Larry King Live on CNN. But he got his start in South Florida and gained fame Wi OD radio, where he developed an interview style that made people want to sit down with him. They know they're going to get a fair shake, and the show is about them, not me. King died in Los Angeles at age 80. Seven he had battled the coronavirus. A
"david graham" Discussed on Newsradio 970 WFLA
"This'll is news radio Wofl a Tampa and w X TV HD to Clearwater. Order. Still seeing a surge of coronavirus cases with Florida held the visuals reporting 12,000 new covert 19 cases on Saturday over a million vaccines have been administered a positivity rate sitting at 6.5%, the man accused of killing a Hillsborough County sheriff's deputy facing a first degree murder charge. The evidence gathered over the past 10 days has established that this was a deliberate attack on law enforcement that state attorney Andrew War And who didn't say if he would seek the death penalty for 28 year old Travis Garrett ramming the patrol car driven by Sergeant Brian Levin on Levin's final shift before retirement. One person dead and dozens of apartment units evacuated from a carbon monoxide leak in Orlando yesterday afternoon Orlando Fire and has Matt Cruz responded to the call at the Jackson condos, apartments and official tweet, saying the cause of the high levels of that deadly gas has yet to be determined. And online portal for people in Pinellas County to reserve one of the 1000 doses it has for next week crashed the county, releasing a statement saying the vendor reported a system issue doodling national core outage and it's Game Day for the Tampa Bay Bucks and a lot of the fans very excited. Just remember like bright lights and horns honk in. And screaming. That's why I don't have a voice. This'll team is playing with so much confidence. I don't think they could be denied. I'm not scared, and you all should be scared either you'll stand speaking with news Channel eight. This week, the teams got that challenge.
Counting US Research Rodents
"I this week. We have online news editor david graham. We're gonna talk about how many rodents rats and mice are used in. Us biomedical research each year. Hi dave here. When i first saw on the lineup i immediately sent you a guess. For how many rats and mice might be used by researchers every year. I was way off. What was your guest. it was eight million. Okay pay everyone listening you. Guess your own guests. I was way off. But the one clue so dave according to the study that we're going to be talking about today how many rats and mice are used or our house for biomedical research each year in the us. So according steady two hundred and eleven million. So i was way off. Were you surprised by this number. Kind of i mean the behind the study whose names larry carboni. He's at the university of california san francisco. Garri actually just left. There had written a book about fifteen years ago where he made a guest admit that was eighty to a hundred million so i heard a very high figure before but that is a lot higher than what other groups have estimated. The estimate tends to be around fifteen to twenty million. Why is this number mysterious. Why are people guessing or estimating how many of these animals are used in research. And this isn't something that we track greg. So there's something called the animal welfare act which is a federal law. That's been around for more than fifty years actually. Nbc wanted allows is the united states department of agriculture. Usda to go to my universities private companies any facility that has animals that are covered by that act usda goes in and inspect those animals for welfare counts them now. The problem is that there are only limited number of animals that are covered by that act that includes dogs cats rabbits monkeys but mice and rats and birds for the most part have always been excluded or mostly that excluded from that that means that the only agency that would go from especially as is counting. These animals is now counting mice rats. Nobody actually has any idea how many of these animals are being used in the us facilities. How does this value. Though this one hundred ten million or maybe the low value of twenty five million compare with those other lab animal populations that you're talking about rabbits cast dogs it's vastly more should matter who's number you believe. Everybody seems to agree that lab mice and rats makeup at least ninety three percent of all the mammals used by medical research so the total number all those other animals. I was talking about these animals that are covered by the welfare in the whole united states is about seven hundred
"david graham" Discussed on Newsradio 970 WFLA
"Necessarily running 80 team s o, But when you start we're gonna started Woz. The lack of transparency of when the shots were distributed. The states in the states obviously created their own very generic guidelines, but they didn't really follow up with Mrs dependent on jurisdiction, and it's all the same way that happened some successes. Um We'll follow up with providing a platform or a tracking system and wide scale to roll out the vaccine at a local level he started adding in you know, 65 plus, especially of state like Florida. That's thousands and thousands of people is more than just the roster of employees of the hospital. So it's very, very different People logistics. You know what they leave shit the vaccines, and there's been some questions about how that was done. Um, you know, I've been in the day you right at the local local level. They just they weren't as prepared as they should have been in. Frankly, I mean, they have year a year to prepare. They should have been. Yeah, the bullet's Let's be honest. It's been The ball was simply dropped on this thing from a federal standpoint, and I don't know if it's gonna make any difference, having biting in there now, But obviously something has to happen is it's just not right. It's just ridiculous when you have a county like down the Lee County So the guy says, Well, first come first serve and you have 5000 people lined up in their cars for 500 doses of it. I mean, that's ridiculous, You know, but that he said, OK, well, look, now that the Democrats have Congress The Senate, so it's not going to make guys like Senator Joe mentioned that of West Virginia. You know, he's a moderate. Is that going to make people like that? A King maker? Yes, Senator Mansion. It's definitely going to be one of the most prevalent or strongest attorney earth attorneys senators, um, being from West Virginia. He's definitely a blue dog. Probably his last term. You know him winning reelection in the current list. Virginia would be a miracle. Say the least, um He definitely has to be have more of a king. You know that this although obviously the Democrats have a quote unquote majority. It's not the strongest or most functional majority. I mean, it's 50 50 plus senator, senator hair. So just one Democrat, a senator mansion, saying he doesn't want to do it. It's done, Uh, s o he Unless there's some bipartisan unless you have somebody like Mitt Romney or one of those more crossovers, too. Come on, come on board. Let's be very hard for Democrats to move a very, very progressive Uh, you know, uh, judge gender as their one hopes. They do. That means it's DC state of things like that, but alone. Filibuster. Still, largely in effect and center mansion is the war is won senator that does not want to get rid of the filibuster. So seven be a limit as dramatic unless he flip flops completely, which is possible. He's retired. All right. It's not gonna be something to watch. It'll be definitely a key rainmaker going forward. Sure why? Alex has always we appreciate you have sent on sage advice up there in D. C and we'll be talking to you next week. Stay. Stay warm, Will you please thank you. You're listening to guaranteeing your retirement. This is Dave Graham. Ask yourself when should I start your Social security? How can I really retire? How.
"david graham" Discussed on Newsradio 970 WFLA
"A Now streaming on your Amazon echo and over 2000 devices. Fire the I Heart radio act with all of the uncertainty going on these days. Don't let your retirement planning get pushed back or even worse. Forgotten about the sooner you have a comprehensive plan and knowing where you stand and where that monthly check is gonna be coming from. This is important now is ever before by being prepared for the unexpected, the more confident you'll be when you do retire whenever that day does come. So do what I didn't go to Graham Capital Advisors for retirement guidance and advice. Make an appointment with Graham Capital Advisors by going to 9 70 retirement dot com. The following is a commercial program paid for by Graham Capital. The opinions, viewpoints and promises made during the following program are not those of W F L A. A. M, It's Stan. Hath management or parent company I heart media incorporated. And now it's time for guaranteeing your retirement with your host, David Graham from Graham Capital and estate planning and investment management from right here in Florida. Here's your host, David Graham. Mm hmm. Good morning. This is Dave Grand Retirement guy and you're listening to guaranteeing your retirement on this rather nippy Sunday.
"david graham" Discussed on Newsradio 970 WFLA
"Next week, and governor Rhonda Santa said the state is now averaging about 40,000 shots per day in his prepared to increase that number when the state gets more supplies from the federal government. The Florida man identified as one of the cab Hill rioters under arrest Adam Johnson, arrested late Friday night. He is the one seen in several images online is he carries Nancy Pelosi's lectern through the hallway inside the Capitol building. On Wednesday, the Broward sheriff's Office asking for the public's help in their search for a man in connection to the abduction and sexual battery of an employee at the Cleveland Clinic in Western on Saturday, After letting the woman go he took off in her Ford SUV. He's described as a light skinned male with a Middle Eastern accent. The Powerball jackpot rolling over to $550 million because there was no grand prize winner last night. Layers now getting that chance to get the prize worth half of $1 billion, which is the highest since March of 2019. If somebody wins, it will be the 10th largest prize in the game's history. Those numbers will be drawn for Powerball on Wednesday, January 13th and the Tampa Bay Buccaneers, now off to the divisional round after quarterback Tom Brady threw for 381 yards, two touchdowns. Tampa Bay held on to beat Washington 31 to 23. If you could win 100 to nothing, and it's gonna be the same result, me and so you know, you love to play great every game. You know, I think it's good to win and advance and you no way Don't play well next week. You know, we're not gonna We're not gonna be happy so And with Florida's News on June night This is a Bloomberg money minute. The U. S remains in the grip of the pandemic. But his vaccinations become more widespread. Economists hope we'll see a job market rebound later this year. A recent report from the software firm think Y says Sun Belt areas where employment has suffered less will likely lead the way, according to senior Vice President J. Dentyne We're talking about Markets in Texas, like Austin and Dallas, Atlanta to the east, you know Denver and Phoenix to the west from Castle Systems, which tracks Elektronik access to office buildings show Dallas has a head start with nearly a third of employees already back in the office at year end. Dentyne cautions that recovery will take time. Even his vaccines rollout likely or six months down the road. We're going to really see a ramp up and that's why we're really I would say bullish about the second half of 2021. I think it would really be a tell of to have didn't says the job's rebound. We're very by industry, those requiring close social contact taking longer to recover. Larry Coffee, Bloomberg Radio..
"david graham" Discussed on Newsradio 970 WFLA
"Guaranteeing your retirement with your host David Graham from Graham Capital. Yeah. Look at that. Your yours? That's the way you do it. You play the key time on TV, honey, working doing Mr Dave Graham, the retirement guy, and you're listening to the second half of guaranteeing your retirement here on a rather dream. Hurry Sunday morning here in the Tampa Bay area. We're doing a live show today, and I don't have any guest to speak of. So if you want to talk to me, let me give you a number out there. It's 800. 9699352 that's in 109 699352. Now for the past week, usually all the radio you're listening to a recorded shows, but I'm still broadcasting out of a spare bedroom. Nine months into this and Good Gosh, sooner or later in the next six months, maybe the studios will be open again so we can start functioning properly. Fortunately, I got Reggie on the board for me and I heard he's helping us. Shows Brooke in Bagram Captain Advisors. Who are we? We are fiduciaries that specialize in retirement planning. Members of national associations. We have professional designations. I'm extremely proud of our team. Simply put, we cover everything. Legal planning Financial There's no one that you will hear on the radio that can offer you better guidance and we do. Very proud of that. We have officers can in Tampa, Sarasota, Venice, Washington. No. We actually manage money not collected and give it to somebody else to manage Like everyone. I'll see her on the air. Graham Captain Wolf Management is a registered.
"david graham" Discussed on Newsradio 970 WFLA
"It was a two day report of covert 19 cases for Florida coming in over 13,000 and residents over 65 are anxious to get that vaccine for the virus in Florida Singer citizens waiting in line for hours after Governor Rond de Santis expanded eligibility to those over 65 in Chattanooga, Tennessee. Traffic backed up the first day residents 75 older. Eligible for the vaccine. Kenneth Mountain, ABC News Washington Meanwhile, Hillsborough County announcing plans to vaccinate residents 65 older beginning next would be the first appointments can be books starting Monday. Also in Broward County over 4000 appointments have been made. Additional appointments will be available in the next three weeks. 26 Year old to Darius Rainey, who went missing in Sanford, Florida last week, along with his girlfriend was found dead at Lake Jess. If Park it's about eight miles Where his car was abandoned Rainey's body found in a wooded area of that park, But the search continues for his 35 year old girlfriend, Tiffany Nicole Church. Ah, Jacksonville area member of Congress promising to object to the presidential election results. Republican John Rutherford, saying he supports President Trump's claims of voter fraud. He says he will not accept your Biden as the winner of that election and the Howard Franklin Bridge. Across Tampa Bay will close next Saturday night through noon of next Sunday for construction project. Eventually, the Gateway Expressway project will connect I to 75 to US 19 with new toll roads. And NFL action in Florida's The Miami Dolphins, taking on the Buffalo Bills in Buffalo and the Tampa Bay Buccaneers play the Falcons on Fox at one o'clock with Florida's news on June night. This is a Bloomberg money minute. The Corona virus pandemic has not been nearly as hard on Americans household finances, as you might think. In fact, Bloomberg reporter Vin Scully says many you're flush with cash heading into the new year. Well, Certainly doesn't apply. All family finances are in pretty good shape. And a lot of that is a she global quality and borrowing costs such as record low mortgage rates, which have prompted a steady wave of refinancing. And then you can't leave out lawmakers and the Trump administration for pushing through some pretty shitty help for the unemployed and we're spending less. Goalie says that all those spending on merchandise is up sharply service spending his way off to sporting events. Sir, going on vacations dining out. That makes the biggest bulk of consumer response and economists say that unspent caches dry tender for spending. His vaccines begin to bring the pandemic under control in the new year. Larry Coffee, Bloomberg Radio. Some of us are intimidated by the idea of working with a portfolio manager. I mean, what is a portfolio anyway? Apparently, it's just the money.
Car Buying is Changing and All It Took Was a Pandemic
"2021 car buyers or again expected to be kicking the tires in person at the dealer. Rumor got a reporter Gabrielle Coppola says predictions that the business would move online have so far failed to pan out the idea that you know the pandemic changed the nature of auto retail forever. With a little bit far fetched because cars they're not commodities. Coppola says online buyer she spoke with already knew what they wanted. I think if you're not sure, then there really isn't a replacement for just going in and doing a test drive and touching and feeling, and Coppola says many dealers are working to accommodate skittish customers. Bring that, Carter, you and Lady, Test it out. The question is, is that really As
House votes to decriminalize marijuana at federal level
"Bill is headed to the Senate after passage by the Democratic led house. The measure would decriminalize marijuana at the federal level. It would also expunge federal convictions for lower level marijuana offenses. Representative Matt Gates voted for the marijuana Opportunity Reinvestment, an Expungement act. I believe in cannabis reform in this country, the federal government has lied to the American people for a generation about cannabis
Dr. Rachel Dolan Discusses The Antipsychotic Drug Epidemic
"Welcome to the healthcare policy podcast on the host David Intra. Kosovo. With me today Dr Rachel Dolan the US House of Representatives ways and Means Committee majority staffer to discuss the majority staffs recently released report titled Under enforced and over prescribed. ANTIPSYCHOTIC drug epidemic ravaging America's nursing homes. Dr Dole and welcome to the program. I David thanks so much for having me. Please call me Rachel. While this'll be the last time Dr Dolan's bio is posted on, of course, the podcast website. In testimony before the House Energy and Commerce Committee two, thousand seven, the FDA's Dr David Graham stated quote. Unquote. Fifteen thousand adults elderly people in nursing homes are dying each year from the off label use of antipsychotic medications. For an indication that the FDA knows the drug doesn't work the problem has been only FDA for years and years close quote. Legal the FDA does provide a black box warning label. Regarding off label use of these drugs, eleven years later, Human Rights Watch published a report titled They Want Docile. How. Nursing homes in the US overmedicated people with dementia. The report found in two thousand, sixteen, seventeen quote unquote massive use or abuse of Anti Psychotics, for example, Sarah. Quel. Doll and Rispler doll that have serious side effects including sudden cardiac death. The human rights report estimated in an average week over one hundred, seventy, nine, thousand, long-stay Nursing Home Facility patients who administered antipsychotic drugs. Without a diagnosis which the drugs are indicated or approved rover, polar disorder and schizophrenia in testimony the ways and means. Committee. Heard this past November Richard Mollet Executive Director of the Long Term Care Community coalition concluded quote the use of San Anti psychotics in skilled nursing facilities is so extensive that puts the US in violation of internal conventions and covenants on torture and cruel inhumane and degrading treatment or punishment. Close quote. This is my third related interview. In December twenty twelve I discussed the topic with Diana Zuckerman. And in February, eighteen high interviewed Hannah Lamb who authored the above mentioned human rights report. With me again to discuss the ways and means report just released titled Under enforced and over prescribed is Rachel Dolan the reports lead author. So that Rachel as background let's get right into this or immediate neatly into the specifics of the report. What did the report find regarding the extent to which? They're persists overuse or misuse of anti psychotics in skilled nursing. David. So the report showed what what you what we would expect from your introduction, which is the use of antipsychotic does persist in nursing homes across the country and it remains quite high and not of course, has implications for patient safety and and health We found in the fourth quarter of Twenty nineteen approximately twenty percent of all skilled nursing facility residents in the US. So that's about two, hundred, Ninety, eight, thousand, six, hundred, fifty people every week received some form of antipsychotic medication and most of that was without any psychosis diagnosis for which these drugs are indicated So specifically, we actually looked at trends and surveyor citations for unnecessary medication use in nursing home. So that's kind of the. Part of this study and what we found was a clear change in citation rates for these facilities between the change in administrations from the Obama Administration to trump administration So we found citations for antipsychotic misuse in sniffs increased by two hundred percent between twenty, fifteen, twenty seventeen but then declined by twenty two percent from two thousand, seventeen to twenty eighteen, and importantly a ten percent of citations associated with actual harm or immediate jeopardy to a residence health or safety. So those are some of the most severe citation surveyors ever capture resulted in no fine from twenty seventeen to twenty eighteen under the trump administration. So you know. I. Would say even though this study in particular couldn't determine causation we we did see a clear association between the Trump Administration's regulatory rollback campaign twenty, seventeen, twenty eighteen and a reduction in citations for these particular drugs. Okay thank you and we'll get into the trump administration's regulatory decisions in this regard in a minute let me just ask as a follow up or an aside question and I don't think I saw this new report. So you may not have these numbers top of mind but worth asking, can you give an approximation of the cost? To the Medicare program at least relative to the overuse I, mean, this is a massive amount of money in reimbursement for these medications. I don't remember offhand. Let's see I think in the in the actually in the report we got About one third of older adult Medicare part d enrolling with dementia who spent more than one hundred days in a nursing humber prescribed antipsychotic in two, thousand, twelve constituting roughly three, hundred, sixty, three, million part D plan payments that year and of course, there's also cost associated with hospitalizations for inappropriate use of these drugs So I would expect you know that that that is obviously very under an understatement understated estimate that does not capture the full realm of payments. So it's it's fairly substantial.
Catholic Church Received At Least $1.4 Billion in PPP Loans
"So the Catholic Church got over a billion dollars in P P money. And there is outrage on the left that the Catholics got this money. So even David Graham. Who's a liberal writer at the He's liberal writer at the Atlantic is lamenting of people blasting P P. Because a group they don't like got money.
1.5 million new jobless claims were filed last week
"And a KC forty the most recent initial jobless claims which we got a few days ago which can be created more than one point five million Americans being laid off slightly off for new jobless claims okay when you when you think about a rebound that has now been a month and a half year old and a few situations where you have one point five million people having to file for the new jobless claims in a given week speak highly of the Czech Republic or soul well you when you least we start when you have the virus going on as it is now it's coming back again no people don't know who's on first anymore you know we're trying to have a recovery were tired of being quarantined in our homes and all of a sudden you know Florida just set another record of you know people going to the hospital much less infections so you wonder where we're going with
Small businesses fighting to survive the pandemic
"Let's focus on some small business owners today Alex what changes were made to the payroll protection program yes obviously during these are president times slot of small business owners have felt the pressure Lebanese restaurants or retail stores services other businesses that have been impacted by by opposite the pandemic and smashes the corona virus and there's two major programs of that that were pushed through Congress one already existed and that was the call the prickly and economic injury disaster loan program to BSP actively used for the release for hurricanes tornadoes things like that but in this case there is extra funny made for also she was a present to clear it they're able to use some of the funds for the crown of our sense of the server program nothing major really in terms of its regular course except that instead of being a natural disaster they used to this time around for for but the pandemic now the paycheck protection program that you referenced for the look at the most televised news when it first launched it was definitely a rocky ledge rollout because there's some concerns over the bank's been ready to issue the loan for the the program itself is could be rushed through the process because ultimately paychecks are be needed because a lot of folders right rely on those funds that said the president the house and the Senate all agreed to make some changes to it the unanimous vote that I've lived through or at least in the Senate and the then president trump also signed that the biggest change is that no longer will new PPP loan from an older PPP loans can use these funds for payroll of her twenty four week period from when they're dispersed Bedlam that because a lot of restaurants initially in areas of the country that are just starting to open up areas like New York City where I'm sitting right now the district Columbia which will on Monday formally move into what we call phase two of the use of more time to use the funds to bring staff back on board and also the other major changes is the lowest threshold the have to go directly to paychecks to allow a lot of businesses to pay rent pay their vendors you know key things that they'll need in order to fully resume operations hopefully for all of us writer then later are going forward well you know this small businesses make up seventy percent of the jobs in America and the small businesses have problems the whole countries and I have a problem child was far as I'm concerned having we were having a small business you can up small business god help it looks a lot of small companies small businesses now they're continuing to struggle so either you know you read in the paper every day restaurants still going out of business and what have you are there any government support programs in the works yet you know on the local level three level there have been more assistance programs that have been instituted in the city of Tampa itself is on the call one Tampa to where you can get some small grants and even some small loans in order to help on the whole business people flow but as you know the truth runs the way they are most of our business owner still so sugar retailer restaurant sometimes it's always not enough so on a national scale there have been more discussions about maybe the ten Chile refunding the P. P. P. program and all and then allowing businesses to go through again if they need more funding in order to try and keep people on the payroll I think you know this is obviously very hard philosophical discussion because there are some small business owners and everything bothered to apply for president need to it's it's hard because at the end of the day policy makers want to keep people on the job working having some businesses that have a parking PPP level they may have not been allowed to be formally open they did use the time they they brought their staff back to the bottom off the unemployment rolls to do other projects that may be would Amazon dot the US on this our local area some small businesses including in Gloucestershire restaurants use it as a good time to deep clean their restaurants maybe change other restaurant operated for the future I think you're seeing that a lot of Congress men and women are coming on the side of maybe we need to extend this program allows businesses especially small ones on the PPP program really is designed for very small businesses another leg up as we move into the next phase of the of of this current situation and to allow them the flexibility to to of all their business model and what is going to be the the new normal all right to save some jobs maybe even create new ones in the future all this is it because they go what we're dealing with this virus is the unknowns the anonymous and not not just getting sick but how do you run a business when you're not supposed to talk to people with you know other than on a computer or six feet apart from each other you know we're living in a very unique space and time and that system out of being smart about it and she helped washes up it's very very hard to plan even for the government
Minneapolis police say 12 people shot in uptown district, suffering injuries of 'various severity'
"Police say one person is dead and eleven others are being treated for gunshot wounds police are urging people to stay away from the area Minneapolis recently saw massive protests following the death of George Floyd while in police
What to Make of the Numbers in the May Jobs Report
"But even with the surprise labor report unemployment report for the month of may which again I think there are some questions people really combed through the data there were some questions that come that came about largely like for example there were there were a few adjustments the labor market or the labor report unemployment report said or the bureau of labor services said well or labor statistics that well we had a little participation rate are a really low participation rate in the survey and the way that we coded some of the jobs for example one of the largest sectors of the save the quote unquote questionable area that could be adjusted for was employed but accidents so what exactly is a void but absent employees well probably some of the trilogy there technically employed but they're absent at their job how is that being characterized and so the beer the bureau of labor statistics said well what we ended up doing was we counted them is employed we made a change we count them as employed and if we make a judgment for that statistic dense three percent there will be an adjustment higher on the unemployment rate by three percent so again these are small insurances as situations distiller watching but with that being said the the the re opening the economy has happened and that should not be a surprise to anybody I think what is the the the the part that gives us a concern is again we still have large businesses that need to make a decision about who's going to be permanently laid off he's not temporary that's for awhile but who are gonna be permanently lost as we know not everyone is going back in those effects have not been felt in the unemployment rate and again I and I think that's an area where you're trying to forecast over the next two to three months how strong is this recovery gonna be we know in the initial stages will be strong these are going from negative or zero to something positive so that's going to be
Relations with U.S. have gotten 'complicated': German foreign minister
"Relations between the US and Germany are being described as complicated by the German foreign minister following a report in the Wall Street journal that the U. S. plans to withdraw some ninety five hundred troops from Germany if the plan goes forward the foreign minister says Berlin would take note currently more than thirty four thousand U. S. service members are permanently assigned in Germany as part of a long standing
Crowds protest in DC over George Floyd's death
"Crowds chanting I can't breathe in memory of George Floyd who died after an encounter with police in Minneapolis tens of thousands of people on the streets of Washington DC but it was a peaceful demonstration now put to protesters gathered around the U. S. capitol they milled about the black lives matter plaza not far from the White House when near their demonstrators began to stencil do you find the police on Washington DC streets some in the black lives matter movement contend that DC mayor Muriel Bowser is just paying lip service in the effort to quash police
Miami Jackson Memorial Hospital nurse dies from coronavirus
"Florida's fifty six deaths in the corona virus so far include a nurse at a Miami hospital Jackson Memorial Hospital said Araceli windy at the log and died from covert nineteen complications she had worked as a nurse for more than thirty
Iran supreme leader warns ‘thugs’ amid gas price protests
"Mass protests in Iran following the government's decision to raise the price of gasoline by as much as fifty percent the country's supreme leader coaling demonstrators
State, federal officials say they’re armed against attacks on 2020 elections – but won’t commit to disclosing breaches
"State officials say they have reviewed Florida's election systems and have taken steps to prevent future attacks after Russian hacking in twenty sixteen but secretary of state laurel Lee says they can't say what they found what they did to respond this is a very real threat every single day domestic actors and foreign actors attempt to penetrate our department of state networks and the networks of supervisors of elections around our state the insisted that the twenty sixteen hacks did not change any votes governor de Santis ordered the review focused on cyber security back in may after the FBI told that Russians have hacked elections records of