17 Burst results for "Don Hansen"

"don hansen" Discussed on 860AM The Answer

860AM The Answer

07:07 min | 3 months ago

"don hansen" Discussed on 860AM The Answer

"Sailing affiliate FM one hundred point seven K. W. RD in Dallas and we have don Hansen from AM nine sixty and FM ninety nine point one K. I may in the Omaha Nebraska community of Shenandoah Iowa I love hearing all these affiliates joining us and thank you to the three of you and welcome we appreciate the check in for a special national communal form pleasure to be with thank you for having us so Frank listen we're gonna travel electronically out to you in bend Oregon first this morning back on our March twenty eighth live broadcast of the show we received a report from your area with our affiliate out there in Portland and I recall him mentioning a concern of that travel potentially from Washington state or California could possibly spike you're relatively low coronavirus corona virus levels I should say you know as those two states were having a more difficult time in your state we know I. five wasn't shut down but you know did that happen in any measurable way I haven't seen anything but how much of band is operational today and working towards recovery sh well March twenty third is when the statewide stayed home or went under effect and as of yesterday a twenty eight or thirty six counties in the state have been able to do a phase one limited re opening now geographically that's great because most of the state's open however the areas of highest population density the Portland metro area the Salem area those are still closed down so the biggest base of population is still under a closure but here in and banded central Oregon we're basically curse towns of the bars and restaurants are very happy they can reopen us which a lot of stringent conditions I'll have to close down by ten PM all the employees have to were you know protective equipment and coverings you can get your hair cut here but your how are your hairstyle which is going to give you a health screening series of questions before you get your appointment made you have to maintain physical distancing all that good stuff so there are some limited re openings will be under this for three weeks and then the state will re evaluate and see if we can go further sounds like a progress thank you Frank all right Tom let's head to Dallas where I think we were pretty good idea of what's happening there since that's where the show was engineer from each week and Bobby tries to keep us updated we know restaurants and retailers are open on a limited scale Robert did mention to me Tom that you got a hair cut this week so that's progress I'd like to get my hair cut I may have to drive to tell cause for that so when do you think listeners around the country would be recently able to visit Dallas or Houston or even Austin again well I guess that that's the question probably but somebody at the airlines worker be able answer better hi the the two of them based here of course southwest and American airlines and the airlines are passenger travel is way down as you know but they're open for business and as you said R. barbershops salons restaurants are open again Monday here in Texas the governor has approved re opening of GM's my son who's twenty four hours but just chomping at the bit for the gym to reopen because he loves to go workout so working work pretty well getting back to normal in the state of Texas and we're open for business anybody can come visit us there are local officials who are not real happy with the governor opening everything and I know you like to stay out of politics on the show but you know some of them have perspective of the world is similar to that of an answer and they would like to stay closed until now we know why we are honest but hopefully we're not going to do that work he seems to be going well the number of covert nineteen cases is under control and we're up and running well that's good that's good to hear all right Dave you're station straddles the border of Iowa Nebraska and part of your listening areas Omaha Nebraska are those two states working in any at all in unison and and which state is managing do you think is managing the coronavirus situation better yeah it's nice to be with you thanks a lot for asking you know both the state of Iowa Nebraska governors have been working closely together the Missouri River splits Iowa and Nebraska and they have really been working together closely to some of the things and I will open up before Nebraska and vice versa much like the other gentleman been talking about this morning barbershops are opened salons are opened some restaurants continue to open they have been open for a week or two some of the restaurants are a little bit slow thinking well what maybe kind of take a look and see how things are going but some of the restaurants are still doing maybe fifty percent capacity with social distancing the waiters and waitresses all with mask and gloves they're doing everything that they can but some of the things that will not be open until maybe after Memorial Day include things like this spectators even the casinos in Iowa not in Nebraska if they don't have casinos in the bracket but twenty two in the state of Iowa with casinos and they have a lot of money that goes back into the state that have been closed and a lot of those going to be close to all the way through my lease Memorial Day or maybe even a teacher got done as I listen to this I have to tell you Mary and I were based in the New York City area and I I'm beginning to realize just how long it's going to be before we actually understand civilization because while we're we're gonna have to just get up there somehow because we're going to be under the you know stay at home orders but how are people are opening yeah well okay I finally up before we let you go you should be having on it hence seconds fifteen seconds each anything you want to save the country right now it will go in the same order Frank comment on welcome to Oregon open right so the focus well just one say the killer Oregon is that national park between Seattle and San Francisco and it is going to try to be as welcoming as possible okay the top from Dallas yeah everybody have courage and be barbecue joints are open and fired up y'all come down love that all right don we'd love to have everybody come to Omaha to great city on the rise in southwest Iowa and the Midwest great place to come see if we appreciate that very much thank you very much to all three of you for joining us today thank you for being an affiliate of our program really appreciate that as well stay safe we'll talk with all of you real soon books after this quick sponsors break we're gonna travel the world from your own kitchen and get you ready for Memorial Day next week stay with us the show returns in a quick three join Robert Marion Rudy call eight hundred three eight seven eight oh two five or follow us on Facebook and Twitter at R. M. world travel we're coming right back Mike Lindell the.

Dallas don Hansen Omaha Nebraska community of Sh
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:05 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Example of that is soft bank and that is kind of an untold amount of money they don't need any place there are other Middle East nations using the sovereign wealth funds to investors that economic what kind of other countries are active in the bay area right so you mention that Saudi Arabia's summer well done is opening up an office it will join Qatar and Abu Dhabi which also have offices for to make investments in the area you're seeing a lot of the Gulf states try to diversify away from some of this oil wealth and try to put that money into some of these fast growing tech companies I guess one question to consider is who all the sovereign wealth funds can PC games to the traditional plays in the C. ecosystem who also offering up capital city's founders yeah one thing that you see is suffering has built this huge war chest of funding this how the hundred billion dollar vision fund some people like to Korea are also creating megaphones can multi billion dollar funds of bill used to invest in these a private kind of private investment firm's traditional VC outfits that we see here in this in Silicon Valley to the Saudi Arabia's going up against right exactly you have interest in her recliner Perkins they all are diversifying your pitch to try to differentiate themselves from softbank and from some of these other investors but it really has changed the way they operate it's been quite a busy few months for the U. K. to reason may she's been replaced by Boris Johnson as prime minister and is increasing fears that Britain could potentially lead the E. U. with always a Dave I'm really hard and spoke to Bloomberg's you get politics reporter Jeff sentiment and are you Kate chief economist don Hansen to get the very latest on the state of many people now think that general election to see a full potentially in the next day is inevitable worse Johnson has a majority of just one he lost a by election of the conservatives lost a by election last week so that means that any kind of controversial legislation he wants to get to relax and breaks it is going to be extremely difficult what we haven't seen yet is his power tested in parliament because he came to power just one day before the parliamentary time ended and we now in summer recess it's obvious labor will vote for this about him out but what about his own party will he lose members of his own party to vote him out and that means the conservatives can lose the government as a whole that's the real test with just a majority of one and that's including the confidence and supply agreement he has with the noise and I Irish policy the DPT it just will take one or two members of his own party to vote against him to to for him to lose that no confidence vote if it happens Jeremy Corbyn the leader of the opposition labor party has said that they will be looking to call it a no confidence vote very early in September Dan you're or you're in charge of U. K. economics of the mechanics also worked at treasury what do you see as the biggest risk if you care to leave October thirty first you have a deal.

hundred billion dollar billion dollar one day
"don hansen" Discussed on The Digital Story

The Digital Story

02:12 min | 1 year ago

"don hansen" Discussed on The Digital Story

"Share your photos and videos. Okay. Nice. So the interface UI improvement, their removes similar shots in clutter duplicate photos, screen shots, and whiteboard photos, that are identified and hidden. So you see only your best shot. So if you've got six versions of a receipt, it will pick the best, one in Hyde won't delete in Hyde the other ones. Okay. That's really nice getting that Clark. I take multiple shots of things all the time. I don't know why I've just always done, it just somehow, I think, one's going to be a bit sharper than the other. Right. Enhanced control. So this is really, you know control of the enhance tool in the application. So enhanced now that you control the intensity of your automated adjustments, as you increase, or decrease enhance you'll see other adjustments including exposure brilliance highlight shows contrast, brightness, black point saturation in vibrance, intelligently change with it. So enhance or auto enhance was always just an all or nothing thing you hit it if you liked what it did, great if he didn't then you undid it. Okay, on Roth now we have enhanced control, so we can control the intensity. So if it did it seventy percent the way that you wanted it in one hundred percent was too much then you back it off to seventy percent. This is going to save us a lot of time. This is perfect for an ipad because a lot of times, I Don Hansen does get it close to. Right. Was just a little tweaking that we have to do afterwards. Now we can just do. That tweaking intelligently with just, you know a control, essentially, here's another one. That's pretty exciting. Non-destructive video editing support so nearly everything that you can do with a photo. You can now do with a video on an ipad adjustments filters and crop support video editing. You can rotate increase exposure, even apply. Filters to your.

Hyde Don Hansen Clark seventy percent one hundred percent
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:49 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Look ahead at the top stories for investors in the coming weeks. I'm Bob moon in New York several central banks around the world are making policy decisions as we close twenty nineteen just focused on the fed time now to head to Europe and preview what's in store for the Bank of England. Joining us for preview is Bloomberg daybreak Europe anchor Markus Karlsson, the Bank of England is widely expected to keep rates on hold. So this little suspense about the decision itself. Instead, it's the fallout of Brexit that's likely to take center stage at the B O E when might the cloud of uncertainty that shrouds the UK calling me left. Let's turn straight to Don Hansen UK, economists that Bloomberg economics, Dan, great to have you here. So what are you going to be watching for what are you going to be looking out for on Thursday? Yes. So you're right. There's going to be nice surprises. They're going to keep rates on hold. I think the thing that will be looking for is the interpretation of the data. That's come out. They're going to be pretty quiet on the Brexit. The Brexit debate in general though, highlight that it's probably the biggest will is the biggest risk to the outlook at the moment. But they're going to need to take home. And look at the fact that the PMOI drop very shop in November look at that. It'd be interesting to see how they interpret. That's andy. He is also looking at that. In the context of what's going on on the price is sort of the economy and in the labor market where the market continues to tighten pay growth continues to say what we're going to be looking at essentially is how the Bank is interpreted latest events on the data. Brexit will be there will be there in the background. But we don't think they're going to say anything more than they've said up to. Now, you mentioned the jobs data, you mentioned the wage states. Is this a situation where in normal circumstances? The Bank of England would be hiking rates. Absolutely. I mean, I think intrigues we'd be discussing even I mean, even at this meeting potentially. But very like him February with the data. That's been coming out. There's been a slowdown in economic growth. But really that is completely Brexit related. If you took that away the economy would probably just be chugging along as it was well has it as it has been doing and pay gross. It's finally responding to these very low unemployment rate you've got pay that came in at three point three percent regular, pay gross. The three months to October. And that is that's not far off. Now, what we consider the pace that's consistent with hitting the inflation target at Bloomberg economics, you settled the case for the Bank of England to raise rates in may. But if you look at market expectations those expectations have actually been post further and further into twenty twenty as the Brexit debate continues. Yes, compared to the market where white off, and the reason why is Mark is definitely placing some probability on about Brexit outcome. Interesting thing about the mall kits reaction. Whenever bad. Brexit. News comes out is the yield curve always flattens. And that's interesting in the context of what Mark Carney is said in the Bank of England has said with his Brexit scenarios in the like that a bad Brexit. Brexit would lead to write hikes not cuts the market clearly takes a very different view. If we get a bad Brexit. Brexit a cliff edge. We think banking them with step in and support the economy and cuss interest rates. So the divergence that you. You alluded to the star is simply that the market is putting some probability on an ideal. Brexit forecast assumes that UK new comes with deal and some deal goes through UK parliament. It's safe to say that a lot of questions still hang over the UK economy. Thanks so much, Dan Hansen. I'm Markus Karlsson. London. You can catch us every weekday morning hateful. Bloomberg daybreak Europe beginning at six AM in London and one AM on Wall Street, Bob, thanks, Marcus. Let's continue our global coverage of key interest rate decisions next up Asia for more. Let's bring in Bloomberg daybreak Asia anchor. Doug Christner, Bob, you mentioned rates. The Bank of Japan will make in the coming week in the B O J is expected to leave policy on change, the OJ's baseline view is the Japanese economy will expand moderately now in China. The head of the PBOC said last week. The Chinese economy is facing increased downward pressure and monetary policy will continue to be supportive governor Uganda also said the contraction in shadow banking has. Contributed to slower infrastructure investment. Now in the coming week leaders in China are expected to hold their annual economic policy setting meeting. They will probably need to calibrate extra stimulus without hobbling the fight against debt. This meeting will be laying down priorities for economic policy, although detailed targets aren't usually released until the legislative meetings in March interestingly, this meeting will also Mark the fortieth anniversary of China's reform and opening up process for more on this part of the story. We're joined from Beijing by Bloomberg's Tom MacKenzie. Always a pleasure, Tom. Let's take a step back though. In recall, how the opening up process began forty years ago. This really studied under the paramount leader Deng Xiaoping in nineteen seventy eight was about a decade after the end of the cultural revolution. It was a time. When China's leaders under Deng Xiaoping were able to look at the program or lack of progress be made on the mountain regarding the economy, and we calibrate, and you had been this reform and opening up Kush really designed and implemented by Deng Xiaoping and his team, and what it meant, for example to reform the land ownership here and the production of agricultural farmers, given a little bit more scope to be able to sell additional products on the market, you had state Bank trees being allowed to sell some of that surplus products whilst continuing to meet quotas set by the government, so small that reforms that see how they fairly fundamental impact on the direction of China's. Economy, and it was really nineteen eight where this policy with implemented. And then you get to the nineteen nineties west things started to store, and you have to have this southern tour by Deng Xiaoping in the south of China to reinvigorate the reform process. And then you get up to three thousand one China joined the WTO so things are obviously vastly different today than they were forty years ago in China. But I'm curious about the philosophical reference that president she has compared to a dunk Xiaoping was advocating back then. The way that Deng Xiaoping laid out his plans around for example, the role of the communist party in government. He said that there should be a separation of powers, essentially between the communist party, and the role of the government that has changed very much on the president Xi who is impacting the communist party much more directly in the role of government government, state-owned enterprises, also private enterprises as well. The other key element under Deng Xiaoping. Was this theorem that he laid out under biding your time? Hiding your strengthen biding your time on the international stage again president she flipping head taking a much more surfable with China on the international stage whether that with project like the belts and road initiative or more broadly investments in and around China's region and beyond and then the geopolitics are places like the South China Sea. Where force pregnancy has built quite aggressively indisputed islands, the militarized those island. Tom. Thank you so much for being with us and helping us preview the annual economic policy setting meeting in Beijing that is expected in the coming week. That is Bloomberg's Tom MacKenzie. Joining us from Beijing. I'm Doug krizner. You can join us every weekday here for Bloomberg daybreak Asia beginning at seven AM in Hong Kong, six PM on Wall Street, Bob. Thanks Doug coming up on Bloomberg daybreak weekend. The clock is ticking.

Bloomberg China Deng Xiaoping Bank of England Brexit Bloomberg economics Bob moon Tom MacKenzie UK Beijing Markus Karlsson Mark Carney Dan Hansen Europe president Asia South China Sea Don Hansen UK Bank of Japan
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:42 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Around the world are making policy decisions as we close twenty nineteen. We just focused on the fed time now to head to Europe and preview what's in store for the Bank of England. Joining us for a preview is Bloomberg daybreak Europe anchor Markus Karlsson, Bob the Bank of England is widely expected to keep rates on hold. So this little suspense about the decision itself. Instead, it's the fallout of Brexit that's likely to take center stage at the B O E when might the cloud of uncertainty that shrouds the UK economy lift let's turn straight to Don Hansen. UK columnists that Bloomberg economics, Dan, great, AVI here. So what are you going to be watching for? What are you gonna be looking out for on Thursday? Yes. So you're right. There's going to be nice surprises. They gonna keep race on hold. I think the thing that will be looking for is the interpretation of the data. That's come out. They're going to be pretty quiet on the Brexit. The Brexit debate. In general, though highlight that it's probably the biggest will is the biggest risk to the outlook at the moment. But they can take home. And look at the fact that the PM PMOI very shop in November look at that. It'd be interesting to see how they interpret. That's. And is also looking at that in the context of what's going on on the price is sort of the economy and in the light market where the late market continues to Tyson Paco's continues to accelerate. So what we're going to be looking at essentially is how the Bank is interpreted latest events on the data. Brexit will be there will be there in the background. But we don't think they're going to say anything more than they've set up to. Now, you mentioned the jobs data, you mentioned the wage stakes. Is this a situation where in normal circumstances? The Bank of England would be hiking rates. Absolutely. I mean, I think insurance we'd be discussing even I mean, even at this meeting potentially. But very likely in February with the data that's been coming out. There's been a slowdown in economic growth really that is completely Brexit related. So if you took that away the economy would probably just be chugging along as it was well has as it has been doing and pay growth. It's finally responding to this very low unemployment rate you've got to pay gross that came in at three point three percent regular, pay gross. The three months talk to us. And that is that's not far off. Now, what will you consider the pace that's consistent with hitting the inflation target at Bloomberg economics, you settled the case for the Bank of England to raise rates in may. But if you look at market expectations those expectations have actually been post further and further into twenty twenty as the Brexit debate continues. Yes to competitive market where white off and the reason why is Mark is definitely placing some probability on a bad Brexit outcome. Interesting thing about the mall kits reaction. Whenever bad. Brexit. News comes out is the yield curve always flattens. And that's interesting in the context of what Mark Carney is said in the Bank of England with is Brexit scenarios in the like that a bad. Brexit were no deal. Brexit would lead to rate hikes, not right cut, the market clearly takes a very different view. If we get a bad Brexit. Brexit a cliff edge. We think Nedbank them would step in and support the economy and cuss interest rates. So the divergence that you. You alluded to the star is simply that the market is putting some probability on an ideal. Brexit all forecast seems UK knee. You come to a deal and some deal goes through UK parliament, it saves to say that a lot of questions still hang over the UK economy. Thanks so much, Dan Hansen. I'm Markus Karlsson. London. You can catch us every weekday morning hateful. Bloomberg daybreak Europe beginning at six AM in London and one AM on Wall Street, Bob, thanks, Marcus. Let's continue our global coverage of key interest rate decisions next up Asia for more or less bring and Bloomberg daybreak Asia anchor. Doug Christner, Bob, you mentioned rates the Bank of Japan will make in the coming week, and the B O J is expected to leave policy on change, the OJ's baseline view is the Japanese economy will expand moderately now in China, the head of the PBOC said last week, the Chinese economy is facing increased downward pressure and monetary policy will continue to be supportive. Governor Hougang also said the contraction in shadow banking has. Contributed to slower infrastructure investment. Now in the coming week leaders in China are expected to hold their annual economic policy setting meeting. They will probably need to calibrate extra stimulus without hobbling the fight against debt. This meeting will be laying down priorities for economic policy, although detailed targets aren't usually released until the legislative meetings in March interestingly, this meeting will also Mark the fortieth anniversary of China's reform and opening up process for more on this part of the story. We're joined from Beijing by Bloomberg's Tom MacKenzie. Always a pleasure, Tom. Let's take a step back though. In recall, how the opening up process began forty years ago. This really started under the paramount leader Deng Xiaoping in nineteen seventy eight was about a decade after the end of the cultural revolution. It was a time. When China's leaders under Deng Xiaoping were able to look at the program or lack of progress being made on the mouth regarding the economy. I'm trying to recalibrate, and you have been this reform and opening up really designed and implemented by Deng Xiaoping and his team, and what it meant, for example to reform the land ownership here and the production of agricultural so bombers given a little bit more scope to be able to sell additional products on the market. You had state trees being allowed to sell some of that surplus products whilst continuing to meet quotas set by the government, so small that reforms it actually had a fundamental impact on the direction of China's economy. Nineteen seventy eight where this policy with implemented. And then you get the nineteen nineties where things started to store, and you have to have this southern tool by Deng Xiaoping in the South China to reinvigorate the reform process. And then you get up to two thousand and one way China joins the WPRO. So things are obviously vastly different today than they were forty years ago in China. But I'm curious about the philosophical reference that president she has compared to Deng Xiaoping was advocating back then. The way the Deng Xiaoping laid out his plans around for example, the role of the communist party in government. He said that there should be a separation of powers, essentially between the communist party, and the role of the government that has changed very much on the president Xi who is impacting the communist much more directly into the role of government. But not just government state also private enterprises as well. The other key element under Deng Xiaoping was this theorem that he laid out onto biding your time hiding you'll strengthen biding your time on the international stage again president she flipping out on its head taking much more surface role China on the international stage whether that with project like the Pelzer road initiative or more broadly investments in and around China's region and beyond China, and then the geopolitics of places like the South China Sea. Where force presidency has built quite aggressively indisputed islands the militarized. Those dining. Tom. Thank you so much. You're being with us and helping us preview the annual economic policy setting meeting in Beijing that is expected in the coming week. That is Bloomberg's Tom MacKenzie. Joining us from Beijing. I'm Doug krizner. You can join us every weekday here for Bloomberg daybreak Asia beginning at seven AM in Hong Kong, six PM on Wall Street, Bob. Thanks Doug coming up on Bloomberg daybreak weekend..

China Bloomberg Deng Xiaoping Brexit Bank of England Bloomberg economics UK Tom MacKenzie Beijing Markus Karlsson Mark Carney Europe Dan Hansen Bob president Asia South China Sea Don Hansen South China
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:47 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Top stories for investors in the coming week. I'm Bob moon in New York several central banks around the world are making policy decisions as we close twenty nineteen. We just focused on the fed time now to head to Europe and preview what's in store for the Bank of England. Joining us for preview is Bloomberg daybreak Europe anchor Markus Karlsson, Bob the Bank of England is widely expected to keep rates on hold. So this little suspense about the decision itself. Instead, it's the fallout of Brexit that's likely to take center stage at the B O E when might the cloud of uncertainty that shrouds the UK economy left. Let's turn straight to Don Hansen. UK? Economist Bloomberg economics, damn great to have you here. So what are you going to be watching for what are you going to be looking out for on Thursday? Yes. So you're right. There's going to be nice surprises. They're going to keep rates on hold. I think the thing that will. We'll be looking for is the interpretation of the data. That's come out. They're going to be pretty quiet on the Brexit. The Brexit debate in general, though, highlight that probably the biggest will is the biggest risks to the outlook at the moment. But they're gonna need to take home. And look at the fact that the PM I dropped very sharply in November. We have a look at that. It'd be interesting to see how they interpret. That's the. Is say that in the context of what's going on the price is sort of the economy and the labor market where the market continues to Tyson papers continues to accelerate say what we're going to be looking at essentially is how the Bank is interpreted latest events on the data. Brexit will be there will be there in the background. But we don't think they're going to say anything more than they've said up to. Now, you mentioned the jobs data, you mentioned the wage state. Is this a situation where in normal circumstances? The Bank of England would be hiking rates. Absolutely. I mean, I think intrigues we'd be discussing even I mean, even at this meeting potentially. But very likes him February with the data. That's been coming out. There's been a slowdown in economic growth that really that is completely Brexit related. So if you took that away the economy would probably just be chugging along as it was well has it as it has been doing and pay growth. It's finally responding to this very low unemployment rate, you've pay grace that came in at three point three percent regular, pay gross. To the three months talk to us. And that is that's not far off. Now, what we would consider the pace that's consistent with hitting the inflation target at Bloomberg economics, you settled the case for the Bank of England to raise rates in may. But if you look at market expectations those expectations have actually been post further and further into twenty twenty as the Brexit debate continues. Yes. Competitive market where y off and the reason why it's Mark is definitely placing some probability on a bad Brexit outcome. Interesting thing about the mall kits reaction. Whenever bad. Brexit. News comes out the yield curve, always flattens. And that's interesting in the context of what Mark Carney's said. And the Bank of England has said with its Brexit scenarios in the light that a bad Brexit or no deal. Brexit would lead to rate hikes. Not right cuts, democracy takes very different view. If we did get a bad Brexit. Brexit a cliff edge. We think Nedbank with step in and support the economy and Cussing trust rates. So the divergence that you. You alluded to the star is simply that the market is putting some probability on an ideal. Brexit forecast assumes that Ye need you come to a deal and some deal goes through K parliament, it takes to say that a lot of questions still hang over the UK economy. Thanks so much, Dan Hansen. I'm Markus Karlsson in London. You can catch us every weekday morning hateful. Bloomberg daybreak Europe beginning at six AM in London. And what I am a Wall Street. Bob, thanks, Marcus. Let's continue our global coverage of key interest rate decisions next up Asia for more. Let's bring in Bloomberg daybreak Asia anchor. Doug Christner, Bob, you mentioned rates. The Bank of Japan will meet in the coming week, and the B O J is expected to leave policy on changed. The OJ's baseline view is the Japanese economy will expand moderately now in China. The head of the PBOC said last week, the Chinese economy is facing increased downward pressure and monetary policy will continue to be supportive. Governor Egon also said the contraction in shadow banking has. Contributed to slower infrastructure investment. Now in the coming week leaders in China are expected to hold their annual economic policy setting meeting. They will probably need to calibrate extra stimulus without hobbling the fight against debt. This meeting will be laying down priorities for economic policy, although detailed targets aren't usually released until the legislative meetings in March interestingly, this meeting will also Mark the fortieth anniversary of China's reform and opening up process for more on this part of the story. We're joined from Beijing by Bloomberg's Tom MacKenzie. Always a pleasure, Tom. Let's take a step back though. In recall, how the opening up process began forty years ago. This really started under the paramount leader Deng Xiaoping in nineteen seventy eight. Was about a decade after the end of the cultural revolution. It was a time. When China's leaders under Deng Xiaoping were able to look at the program or lack of progress be made on the. Regarding the economy, I'm trying to recalibrate and you had them this reform and opening up. I really designed and implemented by Deng Xiaoping and his team, and what it meant to reform the land ownership here and the production of agricultural bombers, given a little bit more scope to be able to sell additional products on the market. You had states trees being allowed to sell some of their products blocks continuing to meet quotas set by the government, so small that reforms Nancy how Stati fundamental impact on the direction of China's economy, and it was really nineteen eight where this policy with implemented. And then you get to the nineteen nineties things started to store, and you have to have this tool by Deng Xiaoping in the south of China to reinvigorate the reform process. And then you get up to two thousand and one China joins the w. CPR? So things are obviously vastly different today than they were forty years ago in China. But I'm curious about the philosophical reference that president she has compared to a dunk Xiaoping was advocating back then. The way the Deng Xiaoping laid out his plans around for example, the role of the communist party in government. He said that there should be separation of powers, essentially between the communist party on the role of the government that has changed very much under president Xi who is impacting, sir. Communist party, much more directly in the role of government government enterprises. Also private enterprises as well. The other key element under Deng Xiaoping was this theorem that he laid out onto biding your time hiding you'll strengthen biding your time on the international stage. Again, president she slipping out on its head taking a much more surface role China on the international stage whether that with project like the belts road initiative or more broadly investments in and around China's region and beyond China, and then the geopolitics places like the South China Sea. Where force presidency has built quite aggressively in disputed islands, the militarized those island, Tom thank you so much for being with us and helping us preview the annual economic policy setting meeting in Beijing that is expected in the coming weeks. That is Bloomberg's Tom MacKenzie. Joining us from Beijing. I'm Doug krizner. You can join us every weekday here for Bloomberg daybreak Asia beginning at seven AM in Hong Kong, six PM on Wall Street, Bob. Thanks Doug coming up on Bloomberg daybreak weekend. The.

Bloomberg China Deng Xiaoping Bank of England Brexit Bob moon Tom MacKenzie UK Beijing Markus Karlsson Europe president Mark Carney Don Hansen Asia South China Sea London communist party New York
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:42 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Daybreak weekend. Our global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. On a couple of key policy decisions overseas. Now, we begin our global team coverage with Bloomberg daybreak anchors. Doug krizner in New York and Bryan Curtis in Hong Kong, Bob, Bryan. And I are looking ahead to the meeting of the Bank of Japan policymakers will get together Tuesday and Wednesday. And after a statement is released on Wednesday governor Kuroda will then hold a news conference. Now, the Jason of timber meeting. Mark the thirty second straight month of no change in monetary policy. Here's one question will the street continue. Let's bring in Bloomberg's global economics and policy editor, Kathleen Hayes. She was in Bali a few weeks back for the annual meeting of both the IMF World Bank. And while she was there Kathleen had the chance to speak with governor Kuroda. So I guess you're well versed in a lot of the issues facing the OJ. We know that they've been in negative rate policy for some time and the focus has been on managing the yield curve. So has anything changed recently that would prompt them to change course. No. Because they're about halfway to their inflation target and governor Kroto when I spoke to him to clear as he always does he is determined. He is convinced they will get to that inflation target. He sees signs that wages are starting to rise with labor market so tight inevitably. They have to one of the things that we uncovered that's important. Steles tapering. Don't ever talk about it. Again. He said it doesn't the south amount number of bonds. The B O J is buying that as a signal policy. No. It's the fact that they have targeted the yield curve the tenure GB at zero they widen the range, but the target is still zero and until they changed that target. There's no change in policy, and there won't be a change in policy until station has two percent or close and wages are critical of that forecast in the Bank of Japan's report on Monday, they expressed a little bit of concern about the banking sector. Although they said that essentially the financial system was in pretty good shape. But you wonder how a lender can actually just. Defy selling bonds at zero percent. Now, we saw Japan Finance did it the lowest yield ever for an issue. Not guaranteed by the government. Well, the is a big issue. And in fact, one of the reasons everybody figures, they did that tweak about broadening the range for the tenure J GB from point one at the top top point to is to give regional banks a little more way to make money, right flat. Yoghurts been very tough on them. There are many regional banks that aren't making very much money. And remember, they usually have local connections. If you're in the parliament, you probably have constituents who are complaining about this. So that is certainly a nod to that will they do more depends on if they feel they can afford to do that. But I think it's interesting that Meijia Suda the life insurance company said that that tweak was positive for them. The steeping yield curve, I will add Smalls it is create some opportunity to invest in long data again bonds one of the the issues facing. Japanese economy, the domestic economy in the near term is the plan sales tax hike next year. The question is obviously whether or not it's going to adversely impact consumer spending. Does the B O J have a point of view on this? Oh, governor crowed has a very definite point of view. And what he will tell you. And what the BJ will tell you chapter and verse this is not the same consumption tax hike. They had in the past. Even recently this consumption tax hike has offsetting steps. It has some cuts in taxes. It has some credits. It has basically when you get to the end of it. They're probably not gonna make a lot of money from this tax likes because they're taking so many steps to make sure it does down the economy. It doesn't hit the consumer having said that I think a lot of people are still concerned about it. But I asked governor, quote, a very specifically about that. And that was that was his response. It's none the same kind of tax hike. Kathleen. Thank you. Bloomberg's Kathleen Hayes. I'm Bryan Curtis in Hong Kong along with Doug krizner, and you can catch us every weekday here for Bloomberg daybreak Asia beginning at six AM in Hong Kong. And six PM on Wall Street, Bob. Thanks looking Brian. Let's head to London. Nell and preview a rate decision from the Bank of England for more. We hand things over to Bloomberg daybreak Europe anchor Markus Karlsson both the coming week brings to key events for the UK economy Bank of England policymakers will be meeting the chancellor of the exchequer will reveal his autumn budget. The focus of the latter is weather Philip Hammond will call the end to all star stereotyping joining me in the London studio is Don Hansen UK columnist at Bloomberg economics greater have you head down. Let's kick it off then with the Bank of England the UK economy, essentially living under this cloud of Brexit uncertainty, seeing that how much room for maneuver is there actually for the Bank of England very little truth be told. I mean, what's interesting about the UK economy at the moment is pretty strong. We've had some good GDP numbers. We got some good wage growth numbers from strong wage growth numbers and inflation's still above target. But is he variety pointed out that you've got this cloud in the background, this Brexit cloud? And there's. Really no need for the Bank of England to get ahead of itself. And turn hawkish t the markets up for a move anytime soon. They're just going to sit on their hands. And just wait for this Brexit negotiations play out once they know the outcome. They can move the move could be either way depending on what happens with Brexit. We do you think there's gonna be a deal and in that scenario, you would expect them to lift rates pretty soon afterwards willing for the next move to come in may of next year. Seeming. We get this deal by March twenty nine twenty nine hundred Thursday is a so called CPA Thursday at the Bank of England. Not only is there. Interest rates decision. Does also inflation forecasts coming out. What might we expect? When it comes to the angle so on inflation. General point about the forecast before getting into inflation. Specifically is that you have to remember the Bank of England is taking a guess and not even guess at what he thinks will happen with Brexit. It's the assumption. They use is an average across all different Brexit outcomes. Let's say conditioning assumption, and they will say taking on a level of sterling and the yield curve they've got this potential assumption of an ideal. Brexit priced in the UK asset markets. So the moment are pretty muddied potential for about Brexit taking on all this information. So does that mean to forecast really tell you anything probably not because they know once the Brexit outcomes nine sterling will move a lot the yield curve will reprise and they'll have to take on an assumption about what actually happened with Brexit. What is the deal that we got? Okay. That's the Bank of England. I also want to turn to the autumn budget. That will be presented by Philip. The tall Tulsa of the exchequer. The finance minister in common parlance, you say that he is likely to call an end to. Austerity? The question is how is that going to marry with his pledges well to cut the deficit and to start cutting into UK debts? So it's really challenging Hammond. Threes may came out in her conservative policy speech and called the end of austerity and conservative policy was going to end austerity. Now in anyone thinking about this. You think that means the deficit stops falling ending austerity, very difficult and what he's going to do. He's going to have a fudge. There's gonna be fucked in there, and what that fudge will be very difficult to know, you can imagine after the events. There'll be a lot of criticism saying the deficit still falling. Money's being taken out the economy. So you haven't really ended austerity. It's all right. We're going to see how much the numbers will be massaged. So to speak Don Hansen from Bloomberg economics. Thank you. I'm Markus Karlsson. London. You can catch us every weekday morning.

Bank of England Bloomberg Kathleen Hayes Brexit Bank of Japan UK governor Kuroda Bloomberg economics Hong Kong Bob moon London Philip Hammond Bryan Curtis Don Hansen Doug krizner Markus Karlsson World Bank New York governor Kroto
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:48 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Weekend. Our global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. Let's focus on a couple of key policy decisions overseas. Now, we begin our global team coverage with Bloomberg daybreak anchors. Doug krizner in New York and Bryan Curtis in Hong Kong, Bob, Bryan. And I are looking ahead to the meeting of the Bank of Japan. Now, policymakers will get together Tuesday and Wednesday. And after a statement is released on Wednesday governor Kuroda will then hold a news conference. Now, the B O J September meeting Mark the thirty second straight month of no change in monetary policy. Here's one question will the street continue. Let's bring in Bloomberg's global economics and policy editor, Kathleen Hayes. She was in Bali a few weeks back for the annual meeting of both the IMF World Bank. And while she was there Kathleen had the chance to speak with governor Kuroda. So I guess you're well versed in a lot of the issues facing the B O J, we know that they've been in negative rate policy for some time and the focus has been on managing the yield curve. So has anything changed recently that would prompt them to change course. No. Because there about halfway to their inflation target and governor Kroto when I spoke to him made it clear as he always does he is determined. He is convinced they will get to that inflation target. He sees signs that wages are starting to rise with labor markets so tight in. Evidently, they have to one of the things that we uncovered that's important. Stealth tapering don't ever talk about it. Again. He said it doesn't this number of bonds. The B O J is buying that as a signal policy. No. It's the fact that they have targeted the yield curve the tenure j be at zero they widen the range, but the target is still zero and until they changed that target. There's no change in policy, and there won't be a change in policy until two percent or close and wages are critical of that forecast in the Bank of Japan's report on Monday, they spend a little bit of concern about the banking sector. Although they said that essentially the financial system was in pretty good shape. But you wonder how a lender can actually just. Defy selling bonds at zero percent. Now, we saw Japan Finance did it the lowest yield ever for an issue. Not guaranteed by the government. Well, the is a big issue. And in fact, one of the reasons everybody figures, they did that tweak about brightening the range for the tenure JJ be from point one at the top top point two is to give regional banks a little more way to make money, right? A flat. Yo Kirkman very tough on them. There are many regional banks that aren't making very much money. And remember, they usually have local connections. If you're in the parliament, you probably have constituents who are complaining about this. So that is certainly a nod to that will they do more depends on if they feel they can afford to do that. But I think it's interesting that Meijia Suda the life insurance company said that tweak was positive for them. The steeping of the yield curve. I will add Smalls it is create some opportunity to invest in long. Data yen bonds one of the the issues facing. Japanese economy, the domestic economy in the near term is the plan sales tax hike next year. The question is obviously whether or not it's going to adversely impact. Consumer spending is the B O J have a point of view on this. Oh, governor has a very definite point of view. And what he will tell you. And what the O will tell you chapter and verse this is not the same consumption tax hike. They've had in the past. Even recently this consumption tax hike has offsetting steps. It has some cuts in taxes. It has some credits. It has basically when you get to the end of it. They're probably not gonna make a lot of money from this tax hikes because they're they're taking so many steps to make sure it doesn't slow down the economy. It doesn't hit the consumer having said that I think a lot of people are still concerned about it. But I asked governor, quote, a very specifically about that. And that was that was his response. It's none the same kind of tax hike. Kathleen. Thank you. Bloomberg's Kathleen Hayes. I'm Bryan Curtis in Hong Kong along with Doug krizner, and you can catch us every weekday here for Bloomberg daybreak Asia beginning at six AM in Hong Kong. And six PM on Wall Street. Bob, thanks, Brian. Let's head to London. Nell and preview a rate decision from the Bank of England for more. We had things over to Bloomberg daybreak Europe anchor Markus Karlsson above the coming week brings to key events for the UK economy Bank coming and policy makers will be meeting the chancellor of the exchequer will reveal his autumn budget. The focus of the latter is weather Philip Hammond will call the end to all stereotypes joining me in the London studio is Dan Hansen, UK communists at Bloomberg economics greater have you head down. Let's kick it off then with a Bank of England the UK economy, essentially living under this cloud of Brexit uncertainty, seeing that how much room for maneuver is there actually for the Bank of England very little truth be told. I mean, what's interesting about the UK economy at the moment is the data's pretty strong. We've had some good GDP numbers. We got some good wage growth numbers, some strong wage growth numbers and inflation's still above target. But as he pointed out that you've got this cloud in the background, this Brexit cloud. And there's. Really no need for the Bank of England to get ahead of itself. And turn hawkish t the markets up for a move anytime soon. They're just going to sit on their hands. And just wait for this Brexit negotiations play out once they know the outcome. They can move and the move could be either way depending on what happens with Brexit. We do you think there's going to be a deal and in that scenario, you would expect them to lift rates pretty soon afterwards willing for the next moves come in may of next year. Seeming. We get get this deal by March twenty nine thousand nine hundred and Thursday is a so called CPA Thursday at the Bank of England. Not only is their interest rates decision. Does also the inflation. Forecasts coming out what might we expect? When it comes to the inflation angle. So on inflation. General point about the forecast before getting some inflation. Specifically is that? Yes. Remember, the Bank of England is taking a guess, even guess what he thinks will happen with Brexit. It's the assumption. They use is an average across all different Brexit outcomes conditioning assumption, and there will say taking on a level of sterling and the yield curve they've got this potential assumption of an ideal. Brexit priced in the SEC chaos at market. So the moment of pretty muddied potential for a bat Brexit this information. So does that mean to forecast really tell you anything probably not because they know once the Brexit outcome is known sterling will move a lot the yield curve will reprise and they'll have to take on an assumption about what actually happened with Brexit. What is the deal that we got? Okay. That's the Bank of England. I also want to turn to the autumn budget. That will be presented by Phillip Hamman, the Tolstoy of the exchequer. The finance minister in common parlance, you say that he is likely to call an end to. Austerity? The question is how is that going to marry with his pledge as well to to cut the deficit and to start cutting into UK debts? So it's really challenging Hammond. Threes may came out in her conservative policy speech and called the end of austerity and conservative policy was going to end austerity now in anyone thinking about this. She think that means the deficit stops falling ending austerity is very difficult and what he's going to do. He's going to have a fudge. There's going be a in there, and what that will be very difficult to know, you can imagine after the events. There'll be a lot of criticism saying the deficit still falling money is still being taken out the economy. So you haven't really ended austerity. It's all right. We're going to see how much the numbers will be mastered. So to speak Don Hansen from Bloomberg economics. Thank you. I'm Markus Karlsson in London. You can catch us every weekday morning here for Bloomberg daybreak Europe beginning at six AM in London. And what I am on Wall Street. Thanks, Marcus coming up on bloom..

Bank of England Bloomberg Kathleen Hayes Brexit Bank of Japan governor Kuroda Bloomberg economics UK London Hong Kong Bob moon Bryan Curtis Doug krizner Markus Karlsson B O Philip Hammond World Bank New York governor Kroto
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:44 min | 1 year ago

"don hansen" Discussed on Bloomberg Radio New York

"Global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. That's what was on a couple of key policy decisions overseas. Now, we begin our global team coverage with Bloomberg daybreak anchors. Doug krizner in New York and Bryan Curtis in Hong Kong, Bob, Bryan. And I are looking ahead to the meeting of the Bank of Japan. Now, policymakers will get together Tuesday and Wednesday. And after a statement is released on Wednesday governor Kuroda will then hold a news conference. Now, the B O J September meeting Mark the thirty second straight month of no change in monetary policy. Here's one question will the street continue. Let's bring in Bloomberg's global economics and policy editor. Kathleen hays. She was in Bali a few weeks back for the annual meeting of both the IMF World Bank. And while she was there Kathleen had the chance to speak with governor Kuroda. So I guess you're well versed in a lot of the issues facing the OJ. We know that they've been in negative rate policy for some time and the focus has been on managing the yield curve. So has anything changed recently that would prompt them to change course. No because they're about halfway to their inflation target and governor Kroto when I spoke to her made it clear as he always does he is determined. He is convinced they will get to that inflation target. He sees signs that wages are starting to rise and with labor markets so tight inevitably they have to one of the things that we uncovered that's important. Steles tapering. Don't ever talk about it. Again. He said it doesn't this other number of bonds. The B O J is buying that is a signal policy. No. It's the fact that they have targeted the yield curve the tenure j be at zero. They widen the range, but the target is still zero and until they changed that target. There's no change in policy, and there won't be a change in policy and television. It's two percent or close and wages are critical of that forecast in the Bank of Japan's report on Monday, they expressed a little bit of concern about the banking sector. Although they said that essentially the financial system was in pretty good shape. But you wonder how a lender can actually justify selling bonds at zero percent. We saw Japan Finance. Did it the lowest yield ever for an issue? Not guaranteed by the government. Well, the is a big issue. And in fact, one of the reasons everybody figures, they did that tweak about brightening the range for the tenure J GB from point one at the top two point two is to give regional banks a little more way to make money, right? A flat yogurt been very tough on them. There are many regional banks that aren't making very much money. And remember, they usually have local connections. If you're in the parliament, you probably. Have constituents who are complaining about this. So that is certainly a nod to that will they do more depends on if they feel they can afford to do that. But I think it's interesting that Meijia Suda the life insurance company said that tweak was positive for them. Steeping of the yield curve. I will add Smalls it is create some opportunity to invest in long dated bonds. One of the the issues facing the Japanese economy the domestic economy in the near term is the plan sales tax hike next year. The question is obviously whether or not it's going to adversely impact consumers spending does the B O J point of view on this. Oh, governor crowd has a very definite point of view. And what he will tell you. And what the B O J will tell you chapter and verse this is not the same consumption tax hike. They had in the past. Even recently this consumption tax hike has offsetting steps. It has some cuts in taxes. It has some credits. It has basically when you get to the end of it. They're probably not going to make a lot of money from. This sites because they're they're taking so many steps to make sure it doesn't slow down the economy doesn't hit the consumer having said that I think a lot of people are still concerned about it. But I asked governor, quote, a very specifically about that. And that was that was his response. It's none the same kind of tax hike. Kathleen. Thank you. Bloomberg's Kathleen Hayes. I'm Bryan Curtis in Hong Kong along with Doug Christner. And you can catch us every weekday here for Bloomberg daybreak Asia beginning at six AM in Hong Kong and six PM on Wall Street. Bob, thanks, Brian. Let's head to London now and preview a right decision from the Bank of England for more. We had things over to Bloomberg daybreak Europe anchor Markus Karlsson the coming week brings to key events for the UK economy Bank of England policymakers will be meeting the chancellor of the exchequer will reveal his autumn budget. The focus of the latter is weather Philip Hammond will call the end to austerity joining me in the London studio. Joe is Dan Hansen. UK economist at Bloomberg economics, greater have you head down. Let's kick it off then with the Bank of England the UK economy, essentially living under this cloud of Brexit uncertainty, seeing that how much room for maneuver is there actually for the Bank of England very little truth be told. I mean, what's interesting about the UK economy data's pretty strong. We've had some GDP numbers. We got some good waitress number some strong wage growth numbers and inflation's still above target. But as he pointed out that you've got this cloud in the background, this Brexit clouds, and there's really no need for the Bank of England to get ahead of itself. And turn hawkish t the markets up for a move anytime soon. They just going to sit on their hands and just wait for this Brexit negotiations play out once they know the outcome. They can move and the move could be either way depending on what happens with Brexit. We do you think there's gonna be a deal and in that scenario, you would expect them to lift rates pretty soon afterwards willing for the next moves come in may of next year. Seemingly get get this deal by March twenty nine twenty nine hundred Thursday is a so called CPA Thursday of the Bank of England. Not only is there. Interest rates decision. Does also the inflation. Forecasts coming out what might we expect? When it comes to the inflation angle. So on inflation. An attorney point about the forecasts before getting into inflation. Specifically is that? Yes. Remember, the Bank of England is taking a guess and not even guess what he thinks will happen with Brexit. It's the assumption. They use is an average across all different Brexit outcomes. That's their conditioning assumption, and they will say taking on a level of sterling and the yield curve they've got this potential assumption of an ideal. Brexit priced in the UK asset markets. So the moment are pretty muddied essential for bat Brexit, so that's all this information. So does that mean to forecast really tell you anything probably not because they know once the Brexit outcome is known stunning. We'll move a lot the yield curve reprise, and they'll have to take on an assumption about what actually happened with Brexit. What is the deal that we got? Okay. That's the Bank of England. I also want to turn to the autumn budgets that will be presented by Phillip Hammond. The Charleston of exchequer, the finance minister in common parlance, you say that he is likely to call an end to. Austerity? The question is how is that going to marry with his pledges well to to cut the deficit and to start cutting into UK debts? So it's really challenging Hammond. Theresa May came out in her conservative policy speech and called the end of the conservative party was going to end austerity. Now in anyone thinking about this. You think that means the deficit stops falling ending therapies, very difficult and what he's going to do. He's going to have a fudge. There's gonna be a in there, and what that Thuch will be very difficult to know, you can imagine after the events. There'll be a lot of criticism saying let the deficit still falling money is still being taken out the economy. So you haven't really ended up. All right. We're going to see how much the numbers will be massacred so to speak Don Hansen from Bloomberg economics. Thank you. I'm Markus Karlsson in London. You can catch us every weekday morning here for Bloomberg daybreak Europe beginning at six AM in London. And.

Bank of England Bloomberg UK Bank of Japan Kathleen Hayes governor Kuroda Bloomberg economics Brexit Hong Kong London Bob moon Bryan Curtis B O Markus Karlsson New York governor Kroto Doug krizner World Bank Philip Hammond
"don hansen" Discussed on WAFS Biz 1190

WAFS Biz 1190

07:45 min | 1 year ago

"don hansen" Discussed on WAFS Biz 1190

"Our global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. Let's focus on a couple of key policy decisions overseas. Now, we begin our global team coverage with Bloomberg daybreak anchors. Doug krizner in New York and Bryan Curtis in Hong Kong, Bob, Bryan. And I are looking ahead to the meeting of the Bank of Japan policymakers will get together Tuesday and Wednesday. And after a statement is released on Wednesday governor Kuroda will then hold a news conference. Now, the B O J September meeting Mark the thirty second straight month of no change in monetary policy. Here's one question will the street continue. Let's bring in Bloomberg's global economics and policy editor, Kathleen Hayes. She was in Bali a few weeks back for the annual meeting of both the IMF World Bank. And while she was there Kathleen had the chance to speak with governor Kuroda. So I guess you're well versed in a lot of the issues facing the B O J, we know that they've been in negative rate policy for some time and the focus has been on managing the yield curve. So has anything changed recently that would prompt them to change course. No. Because they're about halfway to their inflation target and governor Kroto when I spoke to made it clear as he always does he is determined. He is convinced they will get to that inflation target. He sees signs that wages are starting to rise with labor markets so tight in. Evidently, they have to one of the things that we uncovered that's important. Steles tapering. Don't ever talk about it. Again. He said it doesn't this number of bonds. The B O J is buying that is a signal of policy. No, it's the fact that they have targeted the yield curve the tenure j g at zero they widen the range, but the target is still zero and until they changed that target. There's no change in policy, and there won't be a change in policy and television is two percent or close and wages are critical of that forecast in the Bank of Japan's wrote Ford on Monday, they spend a little bit of concern about the banking sector. Although they said that essentially the financial system was in pretty good shape. But you wonder how a lender can actually Justice. By selling bonds at zero percent now we saw Japan Finance did it the lowest yield ever for an issue. Not guaranteed by the government. Well, the is a big issue. And in fact, one of the reasons everybody figures, they did that tweak that brightening the range for the tenure J GB from point one at the top two point two is to give regional banks a little more way to make money, right? A flat. Yo Kirkman very tough on them. There are many regional banks that aren't making very much money. And remember, they usually have local connections. If you're in the parliament, you probably have constituents who are complaining about this. So that is certainly a nod to that will they do more depends on if they feel they can afford to do that. But I think it's interesting that Meijia Suda the life insurance company said that tweak was positive for them. The steeping of the curve, I will add Smalls it is create some opportunity to invest in long dated bonds. One of the the issues faced. Japanese economy, the domestic economy in the near term is the plan sales tax hike next year. The question is obviously whether or not it's going to adversely impact consumers spending. Does the have a point of view on this? Oh, government has a very definite point of view. And what he will tell you. And what the B O J will tell you chapter and verse this is not the same consumption tax hike. They had in the past. Even recently this consumption tax hike has offsetting steps. It has some cuts in taxes. It has some credits. It has basically when you get to the end of it. They're probably not going to make a lot of money from this tax is because they're they're taking so many steps to make sure it doesn't slow down the economy. It doesn't hit the consumer having said that I think a lot of people are still concerned about it. But I asked governor, quote, a very specifically about that. And that was that was his response. It's none the same kind of tax hike. Kathleen. Thank you. Bloomberg's Kathleen Hayes. I'm Bryan Curtis in Hong Kong along with Doug krizner, and you can catch us every weekday here for Bloomberg daybreak Asia beginning at six AM in Hong Kong. And six PM on Wall Street. Bob, thanks, Brian. Let's head to London now and preview a right decision from the Bank of England for more. We hand things over to Bloomberg daybreak Europe anchor Markus Karlsson. Bob the coming week brings to key events for the UK economy Bank coming and policymakers will be meeting the chancellor of the exchequer will reveal his autumn budget. The focus of the latter is weather Philip Hammond will call the end to all star. Joining me in the studio is Dan Hansen. UK economist at Bloomberg economics, greater have you head down. Let's kick it off with a Bank of England. The UK economy essentially living onto this cloud of Brexit uncertainty, seeing that how much room for maneuver is there actually for the Bank of England very little truth be told. I mean, what's interesting about the economy at the moment is the data's pretty strong. We've had some good GDP numbers. We got some good wage growth numbers, some strong wage growth numbers and inflation's still above target. But is he variety pointed out that you've got this cloud in the background, this Brexit, clouds, and there's. Reading nine need for the Bank of England to get ahead of itself. And turn hawkish shouldn't t the markets up for a move anytime soon that just going to sit on their hands and just wait for this Brexit negotiations play out once they know the outcome. They can move and the move could be either way depending on what happens with Brexit. We do you think there's going to be a deal and in that scenario, you would expect them to lift rates pretty soon afterwards willing to the next moves come in may of next year. Seeming. We get get this deal by March twenty nine twenty nine hundred nine Thursday is called CPA Thursday of the Bank of England. Not only is there. Interest rates decision. Does also the inflation. Forecasts coming out what might we expect? When it comes to the inflation angle. So on inflation. An attorney point about the forecast before getting into place. Specifically is that you have to remember the Bank of England is taking a guess, even guess at what I think will happen with Brexit. It's the assumption. They use is an average across all different Brexit outcomes conditioning assumption, and they will say taking on a level of sterling and the yield curve of they've got this potential assumption of an ideal. Brexit priced in the SEC QE asset markets at the moment are pretty muddied potential for a Pat Brexit. So. Say this information. So does that mean forecast really tell you anything probably not because they know once the Brexit outcome is nine sterling will move a lot the yield curve re Kreis, and they'll have to take on an assumption about what actually happened with Brexit. What is the deal that we got? Okay. That's the Bank of England. I also want to turn to the autumn budget. That will be presented by Phillip Hamman. The tall of the exchequer. The finance minister in common parlance. You say that he is likely to call an end to charity. The question is how is that going to marry with his pledge as well to to cut the deficit and to start cutting into UK debts? So it's really challenging to Hammond. Threes came out in her conservative party speech and called the end of austerity and the conservative party was going to end austerity now in any anyone thinking about this. You think that means the deficit stops falling ending austerity is very difficult and what he's going to do. He's going to have a fudge. There's going to be in there. And what that fudge will be very difficult to know, you can imagine after the events. They'll be a lot of criticism saying the deficit still falling. Money's still being taken out the economy. So you haven't really ended austerity. It's all right. We're going to see how much the numbers will be massaged. So to speak Don Hansen from Bloomberg economics. Thank you. I'm Markus Karlsson in London. You can catch us every weekday morning from Bloomberg daybreak Europe beginning at six AM in London. On.

Bank of England Bloomberg Kathleen Hayes Brexit Bank of Japan UK governor Kuroda Bloomberg economics Bob moon Hong Kong London Bryan Curtis Doug krizner Markus Karlsson B O World Bank New York governor Kroto IMF
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:24 min | 2 years ago

"don hansen" Discussed on Bloomberg Radio New York

"Will use twenty four hours a day on tick talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred and twenty. Countries. I'm young guarantee. This is Bloomberg Markus. Thanks very much. Indeed, leeann now uncertainty about the terms of Brexit are muddling expectations about the B O as monetary policy because still a lack of clarity on whether there will be a Brexit deal. At all Bloomberg economics has explored what either outcome could mean for the banks rate path of the key. Takeaway is that traders should expect rate expectations to shift once this clarity over whether there will be a deal or not for more. Let's turn to Don Hansen. UK? Economist Bloomberg economics say he's with us down the line. Damn good morning to you. Great job on the show. So just very sort of quickly summarizing what you've been doing. You've been looking at the the yield curve here in the UK what it tells us about investor expectations for the B O E after Brexit. Yeah. That's exactly right. So when you look at yield curve at the moment, you can think about it as a sort of weighted probability, if you like two different outcomes, you've got a deal where things go K and probably in that scenario the Bank. Lift rates a little bit quicker than employed by yield curve. And you got the dreaded knightdale scenario. Of course. I mean, that's Nari. I we think and this is despite warnings from Connie that rights could increase in an ideal scenario, we think traders would expect the Bank of England cut rights modestly our analysis justify by just a small faces point. That's quite different to what they did in the aftermath of the Brexit. Vice to what extent does this analysis? Depend on the pro ability that that you put on a hard Brexit or or no deal Brexit. Yeah. I mean, he'll quote, right? I mean is that central what we've used as a twenty percent probability of a ideal Brexit now that was the probability that came out of the Bloomberg poll of analysts. But of course, that is a very dynamic number things change all the time. We had the summit yesterday and the day before. To change things very slightly again. So it's it's a moving goalposts if he likes, but I think the whites think about the analysis framework in which to. Test which way the yield curve might move if Houston have appropriate that that will be more you believe that. He he won't get to an agreement and they'll be knightdale. Of course earlier this week. We we had stronger-than-expected retail sales. We had stronger-than-expected inflation or CPI figures. I mean, I'm just kind of wondering what that tells us about the potential of rate hikes. If there is a deal as well. Yeah. It is interesting because I mean, taking CPI number. It was it was very strong. And we think the Bank who looks through it because it was driven by volatile and. The story with CPI in places that he's going to drop back towards tapes and target toward the end of the year. We were expecting it to be up to then by the end of the year, but the print on Wednesday, probably means it might be a touch above now by the end of the year. But the broader point is, you know, if things take a turn to the public. In the Brexit negotiations and a big part of this as well as what the chancellor doesn't. Hilti budget? If he spends a bit of cash, then you know, you could be in a pretty pretty sticky position come separate because you've got control for the cliff edge people an economy that appears with the data and everything else. Okay. So the case rate hike just looking at the data would probably be quite strong with like white just to make sure that the Brexit deal with in place, but it, but it does put me in a very difficult spot. All right. The Bank of England in a difficult spot. Thank you very much. Indeed, Don, Hansen UK. Economist Bloomberg economics pointed to take into account, of course after the Salzburg summit. We're kind of trying to figure out the repercussions. Or what we learnt in Australia about the EU summit, where leaders is seats to take.

Brexit Bloomberg Don Hansen Bank of England Bloomberg Markus UK Bank Twitter leeann Hansen UK Hilti EU Connie Houston Salzburg Australia chancellor twenty four hours
"don hansen" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

04:55 min | 2 years ago

"don hansen" Discussed on KNBR The Sports Leader

"And black baseball with Murph and MAC weekday morning. Six to ten on KNB are six eighty. All right here, we go. Bottom of the ninth inning the giants last chance here trying to come from behind and sweep the Rockies they need at least a run to keep playing. It's three two two. That's the Colorado lead Garcia and in Hanson. And then the pitcher spot coming up for the giants, and it will be closer way. Davis. Who's got it back together here of late and really had a terrible stretch late July early August bleeding into the middle of August. But since then has been much better. You've got thirty nine saves which leads the National League with that number triumph for his fortieth. Save of the year three to two Rockies. Bottom of the ninth. Aramis leads off against him. Right. Had against right hander. And a fastball is very high at ninety four miles an hour. He has been a little susceptible to the long ball. He's allowed eight home runs in fifty nine and a third innings. So. A Homer every seven and a third innings your show, which that's an awful lot for a closer. Now, the one pitch very high. Overhand fastball but way above the strike zone. Over the heart of the plate. Alan Hansen is on deck to another count Garcia who has ripped a single right-center. Fly down to lash dribbled one that was handled by the pitcher who threw him out in the sixties one for three. Doing all pitch. Swing a mess. And that was a fastball. Some cut to it at ninety four. And it was not right down the middle. Either. Being a little bit off the outshine Hansen on deck. And Nick Hundley is in the whole wearing a helmet holding back. With the pitcher's spot. Do up third. Now, the two and one pitch swing and a miss there. He got challenged a fastball over the plate and. Just below the belt and he. Could not get it. So Davis, Sean. All hard stuff. So far. Two balls two strikes to Aramis Garcia the rookie catcher slide the open stance. And the pitcher on the way. Very high with a fastball on the outside of ninety five full count three and two. Davis in fifty nine and a third innings has walked twenty six. So he can be wild hit two. Israel to the cow sat. Here's the pitch swing. Struck an hour the cutter nationally on the outside just above the knees at ninety three miles an hour. We'll pause now for station identification. This is the candy are in northern California Honda dealers radio network stool every giants game on your desktop or laptop on Cayenne. NPR six eighty San Francisco ASEAN HD, two San Mateo on Cumulus station. Don Hansen a switch hitter. Batting left handed all of his powers, Ben as left handed hitter. The pitch going and the curve ball low and inside that knuckle curveball that he thrones bouncing in the dirt ball one. Here comes swinging a little chopper up the first base side right to Desmond underhanded flip to Davis over to cover in time to get the fast-moving Hanson. So quickly to down for the giants. And here comes Huntley as the giants. Final hope. Three to the Rockies are leading. I'm the old for five with a couple of walks in the past against Wade Davis. Johnson Padres starting tomorrow. From Petco park, Andy soirees. Be in the mouth of the giants to seven ten first pitch Brian Mitchell, a right handed will go for the pods. So here's oddly. Try to see can keep the giants going in this one they trailed three to two with two down and nobody on the ninth. Davis goes.

giants Wade Davis Aramis Garcia Rockies Alan Hansen baseball Don Hansen Nick Hundley Murph Hanson Petco park National League Colorado Israel Andy soirees Brian Mitchell California Huntley Ben Cumulus station
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:27 min | 2 years ago

"don hansen" Discussed on Bloomberg Radio New York

"Program with the European economy second quarter, growth, figures, from, the UK come out. Friday, telling, us more about the state of Britain ahead of us exit from the European Union was crossover a toy. Daybreak Europe anchor Marcus Carlson in London now Joan the growth figures, are expected to confirm the UK economy picked up after a, sluggish start to the year but when they be enough to bring Britain's Mojo back Brexit's impact only. Growth has remained more benign than the pre-referendum forecasts suggested but with a threat of. A so-called no deal Brexit hanging over the UK will remain the case I'm. Joined here in the London studio by Bloomberg's Brexit at its Emma Ross Thomas the first I want to turn to Don Hansen UK economist. At Bloomberg economics talk us through the second quarter growth figures are likely to tell, us then about. The state of the UK economy in the very near-term what it's going to tell us. Is that the economy is found Back, so we know in the first course we. Had a pretty diabolical figure and from Kusa. Allows part of that weakness was the result of poor, weather it was temporary good news is that. We're gonna see at least we think the economy bouncing back in, the, second, cool, so getting point four. Percent, calls, from Chrysler now that doesn't sound bombs Sumi doesn't sound that great what you have to realize is that. The economy is now at a point where it's operating at full, capacity and the economy speed limit is now much lower than, it was priced the financial crisis it probably only grow point four percent quarter-on-quarter without stay inflation a. Few days ago we heard from the case office for national statistics Senate essentially confirmed. That Britain was the only seven county to see growth slowed down last year. What's the main culprit is this about Brexit I think so that it it's sort of an indirect effects of Brexit it's because the pound. The pound fell it pushed up inflation so real income growth ten Negatives railing. Purchasing power in UK got. Squeezed significantly now what that meant was consumption slate markedly and the result was the economy slate it would have slowed a lot more had been in this big bouncing global growth and that's the story. You hear there from the, UK statistics offices that all these. Other economies including the euro area to really ready well that's morosi Thomas the fate of the British economy almost seems inseparable from Brexit from Brexit politics at this stage. The the big unknown is whether or not? Britain will crash out of, the European Union without a deal next March. What's the probability of that I'm not. Sure I'm going to. Put a number on, it But certainly the risk of a new deal does appear to have been, growing in recent weeks and that's something that businesses think, is the risk is, grabbing and even some missive Theresa May's. Government but I think it's also worth just sort of looking at what is the path to a deal I mean it's true and there's. A lot of noise at the. Moment about the prospect of new deal and the government is sort. Of, stepping up preparations but, think about how. You get to a deal and the, most important thing to remember is that Brexit. Is in two parts first of all we have sought out the divorce and only, after the u. k. leaves will the future trading relationship be discussed and say everything we're talking, about now whether the UK's live in. The, single market. For. Goods but outside for services all that really can be pushed off all they. Need to sort, out by October is the very tricky issue of the Irish border is the main sticking point at the moment that. Is the main sticking point? The aim on the on the UK government's part to talk About the future relationship is to make any. Compromises on the border more more palatable if the EU is prepared to put off a lot of. The hardest decisions and they might well do so if they think that it wouldn't necessarily be to. Resume but, how successful who will be finally negotiating the future trade deal then that might make sense certainly on both sides there is an interest in getting, a deal Dan just a ton back to you. How much clarity do actually have of what a no deal Brexit would look. Like economically truth, be sold very very little it's a lot of guesswork you could get a deal but it may be the case that, the UK leaves the border, open we don't really know what we do with a, little bit more certainty, is not really about that near term. Impact because that even as the Brexit vote showed is really difficult to gauge and this is really unprecedented what economics can probably tell you. A little bit more about is. The longer term impact and the impacts of law and Mike Ration- flows and ultimately. Would lead to week a trade flows as well and we, think that would leave the economy quite significantly smaller but over a, much longer horizon I'm not. Talking about April the, first twenty nineteen what would happen then I'm, talking, about fifteen ten fifteen year horizon. Models Nestor suggests the economy could be about seven percent smaller in that scenario so. The hit could be relatively, significant but. In the near term could. Be severe disruption okay we, have plenty to talk about the next few months then thank you very. Much indeed down Hanson Emma Ross Thomas I'm Markus Karlsson in London you can catch us every weekday morning hey for Bloomberg daybreak Europe beginning at six AM in London and one AM on, Wall Street Joel Marcus and up next on Bloomberg daybreak weekend we.

UK Brexit Britain London European Union Bloomberg Emma Ross Thomas Europe government Don Hansen Marcus Carlson Senate Theresa May Kusa Hanson Emma Ross Thomas Joan Chrysler
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:25 min | 2 years ago

"don hansen" Discussed on Bloomberg Radio New York

"Tucker we begin today's program with the European economy second quarter. Growth figures from the UK come out Friday telling us, more about the state of Britain ahead of us exit from the European. Union was crossover to our daybreak Europe anchor Marcus Carlson in London now Jones the growth figures are. Expected to confirm the UK economy picked up after a sluggish, start to the. Year but, when it be enough to bring Britain's Mojo back Brexit's impact on. Growth has remained more benign than the pre-referendum forecasts suggested but with the threat of a so-called no deal Brexit hanging over the UK will remain. The case I'm joined here in the London studio by Bloomberg's Brexit. Editor Emma Ross Thomas, but I I. Want to turn to Don Hansen UK economist at, Bloomberg economics talk us. Through the second quarter growth figures are likely to tell us then. About the state of the UK economy in the very near term what it's going to tell us. Is that the economy is bound Back so. We know in the. First course we had, a pretty thoughtful Likud figure. Point tapes. In courtroom Coosa allows part of that weakness. Was the result of poor weather it was temporary and, the good news is that we're gonna see. At least we think the economy bouncing back in the second call so getting, point, four percent calls from. Corsica rice, now that doesn't sound bombs Sumi doesn't sound that great what you have to realize is that the economy. Is now at a point where it's operating at full, capacity and the economy speed limit is now much lower than it was. Priced the financial crisis it probably can only grow point four percent quarter-on-quarter without stoking inflation a few. Days ago we heard from the UK's office for national statistics, essentially confirmed that. Britain was, the only g seven county to see growth slowed down last year. What's the main culprit is this about Brexit I think so it's sort of an indirect effects of Brexit it's because what happens to the pound. The pound fell it pushed up inflation so railing come growth ten Negative so railing purchasing. Power in the UK got. Squeezed significantly now what that meant was consumption Slade markedly and the result was the economy slate it would have slowed a lot more had been open this big bouncing global grace and that's the story. You hit there from the UK statistics offices all these other economies. And quickly your area to really really well let's turn to Emma Ross Thomas the fate of the British economy almost seems inseparable from Brexit and from Brexit politics this. Stage the the big unknown is whether or? Not Britain will. Crash out of the European Union without a. Deal next March what's the probability of, that I'm not. Sure I'm going to. Put a number on, it But certainly the risk, of a new deal does a pitch have been growing, in recent weeks and that's something that businesses think is the. Risk is growing and even some missive Theresa May's government but I think it's also worth just. Sort of looking at what is the path to a deal I mean. It's true and there's a lot of noise at the moment about. The prospect no deal and the government is stepping up. Preparations but let's think a bit, about how you get to a deal and the. Most important thing to remember is that Brexit is in two parts I saw that, the divorce and only after the u. k. leaves will the future trading relationship be discussing so everything we're talking about now, but whether. The UK is gonna single. Market, for goods but outside yourself is all that really can be pushed off all they. Need to sort out by October is the very tricky issue of the Irish border the main sticking points at the moment that. Is the main sticking point? The aim on the on the UK government's part to talk About the relationship is to make any of compromises on the Irish border more, more palatable if the EU is prepared to put off a lot of the hard decisions and they. Might well do so if they think that it wouldn't necessarily be Theresa May but her successor who. Will be, finally negotiating the future trade deal then that might make sense certainly on both sides there, is an interest in getting a deal. Don just to turn back to you how much clarity do actually. Have of what a no deal Brexit would look like economically treats be sold. Very very little it's a lot of guesswork you could get an ideal but it may be the case. That the UK leaves the border, open we don't really know what we do with a, little bit more certainty is not really about that need some. Impact because that even as the Brexit vote showed is really difficult to gauge and this is. Really unprecedented what economics can probably tell you a little bit more about. Is the longer term impact and the impact of love migrate Inflows and, ultimately would lead to week at trade flows as well we using that. Would leave the economy quite significantly smaller but I very much longer horizon I'm not talking about April the first twenty nineteen what would happen then I'm talking about over fifteen ten fifteen year, horizon models Nestor suggest the economy could be about seven percent smaller in that scenario so the hip could be relatively significant but in the near term Could be severe disruption okay we have plenty to talk about in the next few months then thank. You very much indeed Don Hansen Emma Ross Thomas I'm, Markus Karlsson in London you can. Catch us every weekday morning hey for Bloomberg daybreak. Europe beginning at six AM in London and one AM on Wall Street Joan..

UK Brexit Britain London Bloomberg Emma Ross Thomas Theresa May European Union Don Hansen Emma Ross Thomas Don Hansen Tucker Likud Europe Union Marcus Carlson Sumi
"don hansen" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:27 min | 2 years ago

"don hansen" Discussed on Bloomberg Radio New York

"At The, you on John Tucker we begin today's program. With the European economy second quarter growth figures from the UK come out, Friday, telling us more about. The state, of Britain ahead of us exit from the European Union was crossover at daybreak Europe anchor Marcus Carlson in. London now Jones the growth figures are expected to confirm, the UK economy picked up after a sluggish start to the year but. When it be enough to bring Britain's Mojo back Brexit's impact on growth has remained more benign than. The pre-referendum forecasts suggested but with the threat of a so-called no deal. Brexit hanging, over the UK will remain the case I'm joined here in the. London studio by Bloomberg's Brexit editor Ross Thomas but I I want to turn to Don Hansen UK economist at Bloomberg economics talk us through while the. Second quarter growth figures are likely to tell us then about the state of the UK economy in the very near term what is gonna tell us. Is that the economy is found Back so we know in the first cool so. We had a pretty dog while AKU figure we had appointees Courtroom Coosa allows part of that weakness was the result of poor weather it was temporary and the. Good news is, that we're going to see at. Least we think the economy. Bouncing back in the second. Call so getting point four percent calls from Corsica Greis now that doesn't sound bombs Sumi doesn't sound that great but what what you have to realize is that the economy is now at a point where. It's operating at full capacity and the economy speed limit is much lower. Than it was priced the financial crisis it probably can only grow point Forbes in courtroom course without stoking inflation a few days ago we heard at the UK office for. National statistics Senate essentially confirmed that Britain was? The only g. Seven county to see growth slowed down last. Year what's the main culprit is this, about Brexit I. Think so it's sort. Of an indirect effects, of Brexit, it's, because what happens to the pound the pound fell. It pushed up inflation so railing come. Growth ten negatives railing purchasing power in the UK. Got squeezed significantly Now what that, meant was consumption Slade markedly and the result was. The economy slate it would have slowed a lot more had been in this big bouncing. Global grace and, that's the story you hit that from the UK statistics offices that all these other economies including the euro area to really. Ready well that's, tons of Emma Ross Thomas the. Fate of the British economy. Almost seems inseparable from Brexit. And from Brexit politics at this stage the the big unknown is whether or not Britain will crash out of the European Union without a deal next March what's the pull ability of that I'm not sure. I'm going to put a number on it but certainly the risk of. A new deal does appear to have been growing in recent weeks and that's something that businesses think is the risk is growing and even some missive Theresa May's government but. I think it's also worth just sort of? Looking at what. Is the path to a deal I mean. It's true and there's a lot of, noise at the. Moment about the prospect. Of new deal and, the government, is, sort of stepping up preparations but let's think Bit. About how you get to a deal and the most important thing to remember is. That Brexit is in. Two parts first of we have sought the divorce and only after the, u. k. leaves will the future trading. Relationship, be discussing so everything we're. Talking, about now but you know whether the UK is going to be in the single. Market for goods, but outside for services all that really can be pushed off all they need to sort out biota is the very. Tricky issue of the Irish border? It's the main sticking points at the moment doctors the main, sticking point the aim on the on the UK government's part to talk about the future relationship. Is to make any compromises on the Irish border more more palatable if the EU is prepared to. Put off a lot of the hard decisions and they might well do so if they think that. It wouldn't, necessarily be Theresa May but has successor who will be finally negotiating the future trade deal then, that might make sense certainly on both sides there. Is an interest In getting a deal Don just to turn. Back to you how much clarity do actually have of what a no deal Brexit would look like economically true be. Sold very very little it's a, lot of guesswork you could get an ideal but it may be the case that the, UK leaves the border, open we don't really know what we. Do you know with a little. Bit more certainty is not really about that need some. Impact because that even as the Brexit vote showed, is really difficult to, gauge and this is really unprecedented what economics contribute until you little bit more about is the longer term impact and the impact of migration flows and. Ultimately would lead to week at trade flows as well and we think that would leave the economy quite. Significantly smaller but over much longer horizon I'm not talking about the first twenty nineteen what would happen then I'm talking about a, fifteen ten fifteen year horizon. Models Nestor suggests the. Economy could be about Seven percent smaller in that scenario so the hip could be relatively significant but in the near term could be severe disruption okay. We have plenty to talk about the next few months than thank you very much indeed Don Hansen Emma Ross Thomas I'm Markus Karlsson in London you can catch us every weekday morning hateful Bloomberg daybreak. Europe beginning at six AM in London and one AM on.

UK Brexit Britain London European Union Theresa May Don Hansen Emma Ross Thomas Emma Ross Thomas Don Hansen John Tucker Bloomberg economics Corsica Greis Europe Senate Marcus Carlson Bloomberg Ross Thomas Jones
"don hansen" Discussed on FanGraphs Fantasy Baseball

FanGraphs Fantasy Baseball

02:03 min | 2 years ago

"don hansen" Discussed on FanGraphs Fantasy Baseball

"You know one of the things i think i mentioned somewhere recently was like that first home run he hit in san francisco was to right center in it like it was the deepest part of the park in you know with the park with the deepest rightcenter field in baseball like it was it was a no joke shot i think people look at him as a speed only guy but he actually has has some pop hit another one pnc which is an easy park to hit at either so like i i don hansen though has a real shot to be viable all year once he gets off the deal because even when panic comes back they can play him in the outfield you know the yeah he can play everywhere no i i'm i'm a hundred percent with you here i like alan hansen and you know with him getting hurt kinda right after the height blew up he might have e might be back on waiver wires or or you know acquire able i would definitely look into to getting alan hansen in in leagues of a certain depth i'm not sure that you necessarily need to hold them in ten teamer but it's especially with the l spot though too so no i i'm very pro very pro alan hansen are i think that's going to go ahead and wrap up for the weekend great to have you back from paradise and pre she'd gone easy on me here with the with the pitcher rankings that was fun i i like it and guys go ahead put your comments in i'm always open for a debate on on you know where guys ranked i'm definitely gonna come with my case you don't have to agree with it but if you wanna make a case against somebody or for somebody i totally understand that and i am open to hearing those cases especially because i freely admit that i ranked one hundred and thirty guys and i one hundred twenty five this time i don't have all one hundred twenty five committed to memory of what they've been doing in their last eight stars or how their pitches are going so if you see something that is glaring.

san francisco baseball alan hansen don hansen hundred percent
"don hansen" Discussed on The Pulse WZON 620 AM

The Pulse WZON 620 AM

01:45 min | 4 years ago

"don hansen" Discussed on The Pulse WZON 620 AM

"One this is am six twenty w zeal when bangalore w ki t hd three brewer am six twenty polls weather for tonight clear skies overnight low around forty degrees for our wednesday sunshine and high in the mid to upper sixties tomorrow night clear skies low in the forties thursday looks like some patchy fatherly son later high around seventy for thursday and friday look sunny high in the low the mid seventy up to them that whether four times in our the polls am six twenty wco and every seven seconds someone turns fifty five he's americans are making a difference to service and volunteer the main senior called on tuesday using their skills an experience to sell some of the most pressing community senior companion boston grandparents our sleepy volunteers help name veterans get healthcare children learn to every family stretch hitting but what are you doing with your lifetime of experience put a volunteer main dot org with so much to offer your communities the pulse morning show weekdays from six to nine your midweek post morning show includes or visit with their friend doctor knowing that is we talk about regulators going to work in industry we continue our wicket domestic violence awareness month with a mandich on the run woman karolina was out with don hansen and green acres kennel job about what's ahead on the love me out in opposite jayson again spying for the banged working to get to the minute than minute year round am six twenty wco we looking for the radio music.

karolina don hansen jayson boston domestic violence forty degrees seven seconds six twenty w