35 Burst results for "Fifty Billion Dollars"
Inspiration4 Crew Returns to Earth After Historic Flight
"Historic journey to spaces on the books tonight. The spacex dragon capsule the splashdown in the atlantic ocean. Off the coast of florida with the world's first all civilian four member crew give is in port canaveral candice. This adventure has been ground. Baking in so many ways it hasn't been groundbreaking and shows that the sky is really no limit for civilians. And i'll tell you. We heard this gigantic thud here in port. Canaveral as dragon capsule made its way through the atmosphere. And then that just beautiful landing in the atlantic ocean wrapping up this beautiful journey tonight. The return to earth the first all civilian space crew to orbit the earth wrapping their history-making three day mission. We're giving all of our time right now to you science research and some ukulele playing and trying to raise awareness for an important cause for us back on earth the inspiration for billionaire jared isaac men. Who's bankrolling the trip bone cancer survivor. Haley arsenault scien- proctor. The first black woman to pilot spacecraft and chris brown sqi who won his ticket through sweepstakes there last hours in space spent taking in the views snapping photos in the specially designed capsule dome even chatting with bano the blasted off from cape canaveral. Wednesday evening on a spacex rocket their capsule the dragon measuring thirteen feet wide. Their home as they whizzed around earth at seventeen thousand miles an hour. It's been really interesting to see how fluid shifts with my gravity environment mission part science to determine the effects of space on the human body and park charity more than one hundred fifty billion dollars raised for saint jude's children's hospital where arsenal works patients. They're getting a rare treat. Thursday
Manchin Backs as Little as $1 Trillion of Biden's $3.5 Trillion Plan
"It started off with a six trillion dollar price. Tag ben is lower to three point five trillion. Now there's reporting suggesting that. Senator joe manchin wants the total for the democrats reconciliation bill to drop as low as one to one point five trillion dollars though for what it's worth. Some people close to him say that his comfort zone is something closer to around two trillion. But here's the question. What exactly will the democrats top line number. Be the process of crafting. The bill will kick off in earnest today as the house ways and means committee. The education comedian labor committee began marking up their proposals and already there are tensions over the issues being voted on for example. We're told that the seven hundred sixty two billion dollars vision for education which includes more than four hundred fifty billion dollars for childcare at universal pre-k and hundreds of billions more for school infrastructure and free community. College won't likely make it to the white house intact. Likewise a battlefield limited resources is driving the fight over which healthcare proposals include pit into house against the senate and the white house. Now the dollar totally dictated by how much democrats can generate puts tax hikes and other revenue raisers. Which by the way is a huge area of contention itself. Democrats could find themselves with about one to two trillion dollars in revenue depending on how much they scaled back. The trump tax cuts. they'll also net a large chunk of change from the prescription drug overhaul though their sparring over details of that plan as well after the real fight will commence how to spend the money at feel like we're in like fight inception. There's a fight within a fight but then a fight anyway house speaker. Nancy pelosi acknowledged the coming battles over limited dollars. Where would you cut childcare. family medical. Leave universal pre-k both care right now. Most negotiations are taking place between house and senate leadership and the white house. But the real veto power lights with senator joe manchin and kirstin cinema so the more they communicate about what they will or won't accept the better. That's according to two senior democratic
Shopify, TikTok Team up to Let Users Shop From App
"For the first time people on tick-tock are going to be able to buy things without having to leave the app. It's part of the social media. Apps expanded partnership with shop by shop. If i allows business owners to easily set up an online store now it essentially means creators can turn their tick tock accounts into a storefront with new shopping tabs. Tick-tock is testing this out with a select group now. It wants to expand to all shop if i users this fall already. Facebook and instagram offer in-app shopping and fortune magazine reports. Total sales through social media. Apps could reach as high as fifty billion dollars in the next two
Q2-2021 Biotech Earnings, Commercial-Stage Biotech Suffers
"And the first company. I want to talk about is by jin which is a real favorite of mine ticker symbol b. I believe and they're sitting at a fifty billion dollar market cap and what we heard is that they announced q to revenue of two point. Seven eight billion dollars and this is compared to twenty twenty cutie revenue of three point six eight billion so huge decline there and that is mostly due to a decrease in their ms revenue of twenty four percent year over year. And if you remember. When i went through the biogen episode i did. The majority of their revenue comes from their ms franchise and since the lawsuit against by jin was in favor of the generic companies including mylan they have launched generic versions of tech der which are now at risk because by genus filed an appeal. And what this means is that these generic companies are going to be able to sell their generic version of tech era at the risk of biogen winning on appeal in which case Going to be able to litigate against them for patent infringement. So during this time at which we don't know what the status of the appeal is gonna be biden's gonna start losing. Ms franchise market share pretty quickly to these generic companies. So we're starting to see this now with these abysmal. M s numbers now. The company did increase their guidance for the rest of the fiscal year. Only by about two hundred to three hundred million dollars so not a huge amount but they said that. This is due to better-than-expected ms sales. So who knows what's going on there but really the bulk of the call was the excitement around the addy home commercialization efforts and now just to say the amount of home revenue was only like one or two million dollars so very much a drop in the pan not very impressive so far. But it's because all of these infrastructure efforts need to take place in order to get hospitals up and running in order to treat patients
Infrastructure on Track As Bipartisan Senate Coalition Grows
"The bipartisan infrastructure plan is on track for a final Senate vote today final votes on the one trillion dollar bipartisan infrastructure plan are expected in the Senate around eleven AM eastern daylight time with the expectation that the package will be approved some seventy senators appear ready to vote for the package overcoming opposition from liberals in the Democratic wing and staunch conservatives among the Republicans the package proposes nearly five hundred fifty billion dollars in new spending on roads bridges broadband internet and public works systems if the Senate passes the package the bill will then go to the house work in the Senate will then shift to the three point five trillion dollar package Democrats hope to push through on their own with debate likely to extend into fall Mike Rossio Washington
What's Really Behind SEC Chairman Gary Gensler's Crypto Speech
"What's going on guys. It is wednesday august fourth and today we are picking up where we left off yesterday and asking. What's really behind. sec. Chair gary crypto speech. So on yesterday's show. I gave the full debrief about the state of the infrastructure. Bill for those playing. Catch up the eleventh hour last week. A provision was put into the five hundred fifty billion dollar infrastructure bill that would change tax reporting requirements around crypto the authors claim that it would generate twenty eight billion dollars in unpaid crypto taxes and the mechanism for that was changing the definition of broker to include effectively. Anyone involved in facilitating crypto transactions. The problem is that while custodial facilitation is what actual brokers do and traditional financial systems in blockchain systems many actors including minors validates etc could be considered facilitators. Especially when you remove as this definition did the custodial requirement and that's the problem these actors are non-custodial and don't even have access to the information. This new definition of broker would require them to collect and share with the irs meaning if this new broker definition were applied ipso facto most actors in crypto ecosystems would be operating illegally so the crypto industry went to work on this yesterday show was largely about how seemingly effective the nascent crypto lobby has been and how we're seeing allies on both sides of the aisle lineup to change the language in this bill. We made a little progress in the bills. Specific language over the weekend but are now trying to get the rest of the way there via amendment as this happens the designer of the provisions. Ohio's rob portman keep saying that it's totally not about minors. Invalid eaters wallet developers and that we should all effectively chill out because of course it's not for them opponents of the provisions. Keep saying cool than just say that. In the bill not just in tweets and speeches in fact he again defended in tweets yesterday calling it a common sense provisions and not really addressing this specific criticism at all.
Senate Work on Infrastructure Plan Slides Into Saturday
"Senators are back on Capitol Hill for a rare Saturday session as they try to make further progress on a roughly one trillion dollar infrastructure plan a bipartisan group of senators helped it clear one more hurdle yesterday and braced to see your support can hold Senate Majority Leader Chuck Schumer said the chamber should be able to process the legislation quickly given the bipartisan support but Republican senator John Cornyn said it's going to be a grind the bipartisan plan is big with five hundred and fifty billion dollars in new spending over five years beyond the typical highway and public works accounts a draft circulating Capitol Hill indicated it could have more than twenty five hundred pages one finally introduced I'm Julie Walker
Elon Musk Compensation and Other Hidden Details From Tesla's 10-Q Filing
"Everybody ravn our here and today. We're gonna be talking about some details from tests ten q quarterly filing with the sec. Obviously we've talked about earnings. We've talked about the earnings. Call the ten q filing always tends to have a little bit more information. There's always some hidden details in there. So i do want to spend a little bit of time going through some of those topics that i find interesting One of those being the ceo performance award That you can see up here so before we even get into that just a heads up. I am actually traveling today. This is recorded in advance. And i'll be traveling. Tomorrow's also thursday and friday We'll do this today. And then friday. We're going to have the long overdue part two of the james down interview And then we'll get back to any news on monday so if there is any news. That's happening right now. a promise to cover that back As soon as i get back On monday so that being said let's dive into some of the details here. This is the just overview of the co performance plan. This is nothing new people. Probably seen this already on anything to do with the ten q here Budget as a quick refresher. How elon musk's compensation plan works is that there are these twelve tranches that get vested as different milestones are achieved their split into two sections both marquette milestones and then operational milestones. So on the top half year we've got the market cap milestones. You can see that those peak at about six hundred and fifty billion dollars are exactly six fifty. So i think all those have been achieved. Essentially tesla's knocked that out. What they're still working on these operational milestones. So you can see that there are sixteen of them down here half of them being revenue half of them being ebitda. So if we flip over here. I'm gonna i pull up the key. One ten q so tesla's quarterly first-quarter filing and just show how those operational milestones were coming along at that point. I you can see tesla had fully achieved One two three four five six of these and marked another two of them as being probab- probable For full recognition. Eli needs to get twelve out of the sixteen here.
Infrastructure Deal: Senate Votes to Start Work on $1T Bill
"Hi Mike Rossi are reporting the bipartisan infrastructure package clears its first hurdle in the Senate on the Senate floor Wednesday night Majority Leader Chuck Schumer hailed the vote as the Senate moves to proceed with work on a nearly one trillion dollar bipartisan national infrastructure plan I want to commend the group of senators who worked with president by to reach an agreement on a bipartisan infrastructure bill the bill includes five hundred fifty billion dollars in new spending on public works projects according to a fifty seven page G. O. P. summary obtained by the Associated Press the package would be paid for by tapping some two hundred five billion dollars in unspent covert nineteen relief aid fifty three billion dollars in unemployment insurance aid halted by some states and it relies on economic growth to bring in fifty six billion dollars eventual approval of a final package could rise or fall on the assessment of the Congressional Budget Office as to whether it is fully paid for Mike Rossio Washington
Bill Gates Will Never Be the Same
"Bill and melinda gates shocked the world when they announced earlier this month. They're getting a divorce. It left many wondering about the future of their foundation after nearly three decades of marriage bill and melinda gates have filed for divorce ending what some consider one of the most consequential marriages in american history. They've been a power couple for decades their global work carrying the stamp of their union. They fought poverty disease and inequity together as a team with their bill and melinda gates foundation or the divorce bill and melinda gates mentoring many wondering what this means for their massive fortune approaching one hundred fifty billion dollars since then. There's been a steady trickle of scandalous reports about bill gates and they have shattered the carefully crafted public persona that. He's been building for more than twenty years here to explain is teddy slight for hates eddie. Hey so teddy. What's been going on so a few weeks ago. We learned that bill and melinda gates are getting a force that they have irreconcilable differences. And you know it's a sad story that obviously as potentially profound implications for society but it's sort of a paint drama so to speak what's happened. This week is that we are learning more and more seemingly by the day about the circumstances that led to the divorce and is this is evolving to put it bluntly into tabloid ask melodrama involving the likes of mine to you know a boardroom. Investigation into an affair with a microsoft employee. We've known for a couple of weeks. Now that bill melinda gates were getting divorced but the reasons are probably spicier than anyone could have imagined and you know this matters because they'll melinda gates are two of the world's most important figures. So what is the relationship between. Bill gates and jeffrey epstein. Or what was it. So bill gates and jeffrey epstein have been friends or associates. At least for a while. And we've known that that's that's public information. That was reported about a year ago when You know the epstein revelations. I came out bill gates at the time apologized for his friendship with epstein You know his belief that he had somehow legitimized epstein who was already convicted sex offender at the time but we now are learning that there was an impact revelations that melinda gates felt strongly enough that you know bill gates had betrayed his values that she began to seek out Divorce lawyers in twenty nineteen.
Warner Media to Combine With Discovery
"Eighteen in discussions to combine warnermedia with discovery. That's according to people familiar with the matter. Discovery owns channels including the food network. While warner owns channels including cnn and hbo. The deal could be a u-turn turn on. At and t.'s. Bet on the media industry when it bought the warner properties in two thousand eighteen. at and t.'s. Talks with discovery which likely value warnermedia at well over fifty billion dollars including debt could lead to an agreement today for the talks could still fall apart. Said people familiar with the matter.
Biden to Push His Big Infrastructure Plan in GOP Stronghold
"President Biden's venturing into reliably Republican Louisiana to tout his two point three trillion dollar infrastructure plan a seventy year old Bridget Lake Charles will be the backdrop as the president pushes his plan he wants to pay for it by boosting taxes on corporations and the wealthy arguing that'll benefit everybody while hurting nobody but Republicans have double down on keeping taxes low and several GOP senators that pitched a far smaller infrastructure plan the White House hopes its infrastructure message hits home in Louisiana where extreme weather over the past decade has cost fifty billion dollars in damage the president's plan calls for the same amount to make infrastructure better able to withstand storms wind and flooding Sager mag ani Washington
Nvidia to Directly Challenge Intel With Arm-Based Server Chip
"For we start off tonight with a semi smackdown the gloves coming off in the battle of the giants. Invidia fires of direct shot at intel. Let's get straight to. Josh lipton with all the details josh so melissa ceo jensen wong is transformed into a true powerhouse. With that companies graphics chips these are processors that generate images and accelerate. Now video plans to make its own servers. Cpu to those are the primary brains in most computing devices in video. Also saying t. That's first quarter. Revenue is tracking above its previous outlook of five point. three billion. And that's doc posted. Its best day here over a month. Some investors clearly saw in announcement as a direct shot at intel with reported twenty six billion in revenue permits data center group in two thousand and twenty. That was a jump eleven percent. that's doctors had. Its worst day since late february. So how bad is this news. Though for pat gelsinger techy. Patrick moore had capturing that his copy still does both certain advantages invidia with his new service is targeting more of a niche market. Patrick says and intel's still the giants dominates about ninety percent of this market. No response from intel on that invidia news. There was also that big one chip summit today remember. President binds infrastructure plan does include fifty billion dollars to the american chip industry. Melissa back to you josh. Quick question on the niche market point. How big is this market. Or how profitable is this to make the such a big deal that they're going after specifically this narrow part of the market. You're going after what it's called the hp hp mortgage so that is a market that would include things like national lab laboratories like los alamos. That's why patrick moorhead. In his point was saying one. These are different. Intel as dominating about ninety percent of that service you market and patrick's point is that intel's focus is different. It's really targeting. More general business uses and cloud providers. But we'll see how it plays out and listen
Biden Meets With CEOs on Semiconductor Shortage, Says US Must Invest
"President biden met with top officials and senior executives from ford general motors intel alphabet and others today to discuss the global semiconductor shortage. He touted his two point three trillion dollar infrastructure plan which includes fifty billion dollars for the american semiconductor industry. That would go toward building factories and research and design and has bipartisan support. Chips are used across industries but supply has dwindled with growing demand for products says covid nineteen has shifted work and consumer behavior
The Natural Gas Boom Appears To Be Going Bust
"Son natural gas as the bridge fuel to a net zero energy future but the rapidly emerging climate solutions mean. That bridge is getting shorter fast. I'm npr chief. Meteorologist paul hutton. Her and today on climate cast is the natural gas boom going bust. Justin mccullough is an independent journalists covering the finances of the energy transition. Hi justin welcome to climate cast. I paul thank you very much. So big companies like shell bet big on natural gas what are emerging solutions to the economics of natural gas. There are two main challenges to show all the people who had bet big on the future of natural gas and specifically liquefied natural gas. Renewable energy now can produce electricity for lower costs than natural gas. Fired power straight up competition. The other issue is there's oversupply right now. What level of investment are we talking about to get into these projects you know when shell bet big on the future of natural gas they in two thousand sixteen. They bought a company for over fifty billion dollars in two thousand and nine exxon company for over forty billion dollars. Exxon has since written off the majority of that forty billion dollars as a loss and it now appears that shell is facing similar problems with its fifty billion dollar investment in natural
Biden Calls for $50 Billion to Boost U.S. Chip Industry
"Speaking in pittsburgh yesterday afternoon president biden lifted the curtain on his two point three trillion dollar infrastructure plan and tech plays a key role the proposal allocates fifty billion dollars for the american semiconductor industry which has been grappling with chip shortage that sports automakers to cut production it also includes money for expanding broadband access incentivizing electric vehicle production in investing in research and development. Here's biden citing the historical precedent for spending on our indie when nasa created apollo's digital flight control system unheard of at the time led the technologies that help us today to drive our cars and fly our planes when nasa invent ways to keep food safe for the astronauts and led the programs that have been used for decades to keep food safe and supermarkets at least two thousand products and services have been developed and commercialized. As a result of american space exploration. The outline now goes to capitol hill where lawmakers will hammer out the specifics.
Google & Privacy
"I want to talk about something. That's been concerning me for while google and online privacy. We've touched on this topic before but recently it's reared its ugly head again. It's come to light. The google who we already know collects an obscene amount of information is taking even more than we thought through their web browser. Google chrome on. Iowa's apple's recently made privacy labels mandatory forcing companies on apple devices to display. What information they collect from their users. Let me tell you. It's a lots between the most common web browsers chrome safari edge and fire fox by far chrome takes in the most information by far browsing history. Financial data location. History information about your phone. Your unique advertising. I d. that's the one to keep in mind advertising. That's what a lot of this comes down to. Why taken so much information. So they know what they can advertise to you. Google's ad revenue from twenty twenty was just shy of a hundred and fifty billion dollars. That's a single year. It's also about eighty percent of their hundred eighty billion dollars in total revenue all of the information they absorbed from their litany of sources helps them do a number of different things on the more useful end. They use it to customize the user experience they figure out how to improve your experience with their products connected programs make for easier use especially between different devices on a wider scale. They use it to fine-tune algorithms to be more accurate and efficient but on the other side and a bit more insidious they use it to target you with ads ads match based on everything they know about you to hopefully convince you to let go of some of your money now you may be thinking. They can't possibly know that much about me. And maybe you're right. Some people go through and on check every box. Never let google in as far as they'd like. It was only last june when google started setting those boxes to be off by default. If your account is older than that there's a good chance that all those settings protect privacy from google's specific is are still allowing them in and they'll keep that information indefinitely unless you tell them to delete it now if you have a second. Let's do a little experiment. If you have a google account head over to google clicker count in the top. Right navigate to manage your account and find add personalization if you have it set off congratulations. Google isn't collecting as much data about you. They still are but at least they're not using it to advertise to you if it's set to on however you'll see some interesting things now. This is something that i didn't even know about myself until recently my writer slash editor pointed it out to me. If you scroll down you can find all the little things that google thinks that knows about you as well as your interests. Here's a little bit about mind. Before i turned off my preferences. We'll go with the obvious ones. I according to google. I'm twenty five to thirty four years old. that's correct. I'm interested in audio equipment. Well obviously i'm interested in consumer electronics. Which i guess so I like dogs and cats now for some more obscure references. Some of those correct and some of those incorrect die-cast and toy vehicles. That was probably my children's search result. Honestly i don't remember searching for it. I may have but i don't think it was me custom and performance vehicles. That was definitely my kid. My eleven year old is super into all those sports cars and special cars out there. Fashion and style Well i mean maybe once google this i i don't remember and i don't particularly care about my fashion or style. That's why i'm on podcasts. Instead of on. tv. Here's the funniest parent not apparent right below it. I'm interested in parenting engine transmission. This is actually an impressive reference. I don't google this information often but the fact that it's recorded here is intriguing to me. Nintendo funnily enough. This seems to be a link to youtube. I don't recall googling anything directly related to nintendo. But i'm interested in it so they definitely got it right does google. Thank you like sports. You get a little button for sports. are you married. you get one for that. Have kids there it is. What is your job in. They'll make guests if the can. Are you a man or a woman. Well that they don't even have to guess. It's probably listed near account information. These are all basically you. These are just some of the things you let google. no it's not just trivia. It's identifying information. A lot of people share their name their face where they live all for convenience in exchange for knowing everything there is to know about you that they care about anyway they pick and choose the ads most likely for you to click on from a pool of the highest. Bidders was going to get you to spend money. What's going to make these advertisers. Continue to go through google and pay them another hundred and fifty billion dollars this year. Maybe that's all right with you. Some people do enjoy ads that they might want instead of the background noise of things. They're never going to buy. But i feel you should at least get to be the one who decides what information they have and are allowed to take us against you. Just remember when something is free you might not be paying with money but you are paying with something else.
Stablecoins in the Hot Seat: Powell Calls Bitcoin a Substitute for Gold
"There was an absolute flurry of content and commentary yesterday around the place of bitcoin. Stable coins defy and the digital asset industry as a whole vis-a-vis. Us government regulation as well as how a digital dollar might shake that all up before we get into it. Let's at the terms of the debate. One of the competitors for this cycles top fudd is the government will ban it if it gets sufficiently threatening now to be clear banning depending on your sister could mean anything from an outright ban of use in holding too forceful seizure too limiting access to on and off ramps to the more benign from a commercial standpoint but no less threatening from a privacy standpoint integration of the full crypto infrastructure into the am l. kyc. Money surveillance apparatus. I've spent some time on this show looking into global versions where this fudd seems to be playing out in particular. We've been watching the evolving situation in india and nigeria india which seems gearing up for a bill that would have some sort of outright ban although at least one finance minister says that that's not the case and nigeria. Where the central bank of nigeria. I reiterated that banks should not be working with crypto users which they've then subsequently rolled back just a little bit either way however really what everyone has been focused on is the us particularly in the context of a new administration. The last administration had friends and foes alike when it came to bitcoin and crypto trump. Famously tweeted that he did not like bitcoin or crypto. But we didn't really take that seriously as a threat because it was so clearly about zuckerberg and libra mnuchin was a much bigger enemy. Probably wrote that text for trump's tweet even and clearly wanted to tighten the reins in his final act. He was trying to require exchanges to collect more information. When users transferred crypto to their own wallets on the flip side however there was brian brooks who was absolutely revolutionary at the office of the comptroller of the currency. The changes he oversaw are a huge reason. Why so many big institutions are now playing in this space. Why so many big traditional banks feel like they have to race to catch up to allow people to offer their customers crypto services however as we know from physics every action has a reaction and to some extent one reason why observers are so keenly watching the biden administration is to see how much they're going to respond or try to walk back with brooks in the occ changed on top of that. As the biden administration has come to power the price and volume around bitcoin stable coins and the rest of the digital asset industries have made them much more on ignore -able last time joe biden was in office. Bitcoin is about four hundred and thirty bucks. Now it's been over fifty thousand dollars for sixteen days in a row tether was barely out of diapers now. It has a market supply above forty billion in his doing upwards of one hundred billion dollars in volume per day combined with us dc. And you've got over. Fifty billion dollars of usd approximates there so lot more is at stake with that. People have been watching. Two things has come in and what they're saying on the who has come inside. Janet yellen is back for another round although this time is treasury secretary rather than as he chair gary genzer to is back. Although this time is as he c- chair. Instead of cftc chair of these two there is much more optimism around gessler who has done a pretty fair bit of work to understand where the crypto industry is coming from even teaching a course at mit about bitcoin and blockchain. And of course we have someone who still around in the form. Of jay powell. The federal reserve chairman. His ex factor. And all these discussions is the potential of a central bank digital currency a digital dollar. That could potentially shift the us's relationship with these projects now in terms of what we've seen these actors say so far over the last few months up until now it's been pretty standard fare one part. There's a lot of exciting potential here. One part we have to protect investors though and one part but it's also used by criminals over the last couple of days however we've gotten both comments and news that could shift as into our next phase of understanding what the us is relationship with. Bitcoin stable coins and other digital assets is going to look going forward. So let's talk about powell speaking about cdc's and cryptos at a bank for international settlements panel yesterday. Let's talk about the announcement of digital dollar prototypes coming this summer. And let's talk about new draft fat. If guidelines around cryptocurrencies. I up powell. Did a session yesterday with leaders from the bank for international settlements including augustine carstens. We talked about last week. He was asked about crypto currencies. And whether he saw them as a threat. And here's what he said. We call them crypto assets. You know. they're they're highly volatile. See bitcoin and therefore not real useful as a store of value in there not backed by anything. They're more of an asset for speculation. So they're also not particularly in use as a means of payment. It's more speculative asset. That's it's essentially a substitute for gold rather than for the dollar. And i think with crypto acids the the the public needs to understand the risks. The principle thing is there's the volatility there's also the outsized energy requirements requirement for for mining. And the fact that they're not backed by anything so let's break out these three reasons that he wasn't particularly impressed by cryptos. I this idea of volatility or that. It's just an asset for speculation. Basically he's dismissing bitcoin and any other crypto as something that he does not have to stress about or really factor into his consideration around global monetary competition while many. Bitcoin is grabbed onto the essentially a substitute for gold piece as a great tweet and knocked to the gold bugs. Who they're trying to convert or at least undermined powell was saying this more. Like a giant shooing away. A fly gold is to him clearly. Irrelevant an unimportant antiquated part of the fiat system that he sits at the helm of in that way a substitute for that thing does not present a threat
"fifty billion dollars" Discussed on WBZ NewsRadio 1030
"And fifty billion dollars worth of groceries each year supermarket news says the online share was less than three percent last year the industry lobbyist F. M. ice isn't as into as much as fifteen percent since the arrival of covert nineteen I'm Jessica summers Bloomberg business on WBZ Boston sees radio sports is on the way it is also accepting boats motorcycles RV's and real estate donations here now your typical Saturday morning supermarket experience and now your typical McKinnon's market experience yes we do we have that too nice and fresh your.
"fifty billion dollars" Discussed on AP News
"Two hundred fifty billion dollars in fusion lawmakers have been haggling over whether to extend the program as it stands or add provisions that would help minority businesses and medical workers business owners who are left in limbo are getting more anxious and some complained that banks were and even set up to take their applications even though the program started nearly two weeks ago Jackie Quinn Washington while the federal government talks about easing social distancing restrictions new York's government is extending its stay at home rules for another month New York governor Andrew Cuomo says the infection rate is lower than first projected eighteen thousand people currently hospitalized but there are still two thousand new coronavirus cases requiring hospitalization every day I'd like to see that infection rate get down even more he says there are still hundreds of people dying in the state each day and only more extensive testing will determine if the infection rate is slowing as for people complaining about the order to wear face masks I'm sorry miss people unhappy I do not consider it a major burden and it really is a simple measure that can save lives hi Jackie Quinn two Republican senators have released footnotes from the justice department inspector general report that raises the prospect that Russian dis information made its way into the Steele dossier opposition research by former British spy by Christopher Steele against Donald Trump before the twenty sixteen election the FBI relied on that information when obtaining warrants to eavesdrop on a former trump campaign adviser Carter page despite being warned there were questions about the dossier's accuracy and the potential that contained Russian disinformation the FBI did not use the dossier when it opened the Russia investigation twenty sixteen but the FBI director is being asked to provide all the intelligence records that were used Jackie Quinn Washington thank.
"fifty billion dollars" Discussed on TalkRadio 630 KHOW
"Your new congressional advisory groups thirty two bipartisan members of the house sixty five bipartisan members of the state or the big topics was the fact that the small business association of long pot of three hundred and fifty million dollars right the cast includes Austin there's nothing moving on the fifty billion dollars to replenish it what did you tell those bipartisan groups today about getting a move on to get some more money into the hands of messages for the viewers watching this or hearing you last a question exhausted is a good thing not a bad thing it went quickly it is so popular the banks have been incredible including four thousand community bank four thousand most people didn't know you had that many banks four thousand some people what they want these people want to keep this going and we're doing it to keep the small businesses open and to keep the workers paid and we have two hundred and fifty billion dollar request the Democrats like it the Republicans love it and to be honest I think it's going to something's going to be happening I hope so because is a very popular program it was really executed flawlessly the first day they change an application a little bit that was it but when you look at what bank of America did and what Wells Fargo did in city and a lot of the banks when you ask when you look at what all of the community banks did it's been really incredible well Windigo shooting with them a S. and they should frankly approve it quickly there's a great thing for our country it's a great thing for small business and for the workers then we have a hard time getting them to approve it I think it's gonna happen it should happen really unanimously but they're trying to get things and we're not too happy with what they're trying to get.
"fifty billion dollars" Discussed on News 96.5 WDBO
"And fifty billion dollars approved by Congress has been used in less than two weeks the small business administration also says it stopped taking applications for a separate emergency loan program as well if you tap the Jamie to pre button in Iraq he has a new article about this and down at the bottom he writes Democrats say they're in favor of the extra money for the P. P. P. program but they also wanted to attach more aid money for hospitals and state and local governments and then Jamie says with most lawmakers back at home there was a limited window for Congress to approve mas smoke more small business aid as the Senate had a scheduled session on Thursday afternoon with the house slated to meet on Fridays you can catch up on what Congress has been talking about as far as helping that program out but again the small business paycheck protection program is out of three hundred fifty billion dollars ninety six point five W. DPO Orlando turns first for severe weather on channel nine Eyewitness News meteorologist Brian shields seventy one degrees by this afternoon coming up a track in the rain and storms and how long this wet pattern sticks around good afternoon I'm Jeanne lex or we're still not up to seventy one degrees it's actually really sixty three degrees in Apopka still talk about the way home of the Scott and as checking out the radar right now it's a lot of light rain in the Lucia county and also the only county Brevard orange has a few pockets of dry areas continuing coverage before Scott back breaking news for about a half hour forty five governor Andrew Cuomo extends stay at home orders to at least make fifteen one month will continue to close their policies what happens after then I don't know we will see depending on what the data shows LA in California and DC have done the same Florida's order expires on April thirtieth for now today president trump expected to lay out his plan for re opening the country he's supposed to take the podium around five so maybe six fifteen the debate's been going on for.
"fifty billion dollars" Discussed on KLIF 570 AM
"Fifty billion dollars in the building the president just signed that is simply not enough that's why Pelosi says the next bill should focus on aid to cities and states schools broadband and other key infrastructure the governors and the cities and municipalities need resources for some Republicans including Senate Majority Leader Mitch McConnell of expressing misgivings about another stimulus bill president trump seems to be on board he says with interest rates near or at zero percent now is a good time to borrow money to pay for infrastructure projects Linda Kenyon Washington Michigan now has the fourth most cases of corona virus in the U. S. governor Gretchen Whitmer says the country needs a better national strategy and that president trump should use the defense production act to make sure states have enough medical supplies are needed is right now and while we see some business is ramping up we know that they're gonna be through who don't get the kind of care that they need because of we just don't have it right now Whitmer's been critical of the federal government's response to the virus outbreak president trump has clashed with other democratic governors as well his advisers are reportedly telling him to be careful of feuding with Whitmer who's a considered leading vice presidential prospect for whoever's opponent in November will coming up on K. L. I. F. there's some cruise ships that are just hang it out there and they have six people on board that's a good way to put it they are just hang it out there they don't get out there it's really a nightmare for those people on board we're going to have the latest information on that and apparently bottoms up while we're all locked down we'll have that story coming up I don't know to do that while you're on the.
"fifty billion dollars" Discussed on WIBC 93.1FM
"Fifty billion dollars for state and local governmental now rob you of worked in the local and state government what are they going to do with this one hundred and fifty billion dollars my question is in Indiana we're told were flush with cash for doing great we got two billion in reserves the question of the internal Q. four was blow it off okay what was the answer I was looking for was trying to be nice to believe in me even after the governor this week all one hundred and thirty billion dollars for hospitals okay five hundred billion in loans for a larger industries including airlines now the airlines is interesting a real talk about them coming up here in just a moment okay US creation of an oversight board and the inspector general to oversee loans to large companies well look I'm gonna go way back in the time machine all the wreck to oh nine when there was a sorry for this sorry for that it seems like another word for czar when was the last time a creation of love people to be more supervisors has worked out look people if you are for this fine but you have to accept that of the two trillion at least one point five of it is going to go to bull crap and the connected and things that have nothing to do with getting our economy rolling it almost sounds like you're saying that people who really need this money are going to get the shaft I would say that's correct my friend also in the R. two trillion dollar corona virus don't call it a stimulus bill a measure that prohibits companies owned by Donald Trump and his family from receiving any sort of federal relief no why is that because they employed people they've had to lay people off why are they exempted from this based off of what I'm reading above they make above ninety nine thousand dollars so they're cut off interesting it is amazing just how the bull crap that's in this bill right I mean how many times and we're gonna get into it but how would money back in twenty one twenty two etcetera there's a formula in there for how companies will have to do that on the airline front that was the major stumbling block that kept this thing delayed a late into last night they sign that that they agreed to the deal just around one AM last night on I'm told that there are direct grants now to the airlines that do not have to be paid back and stuff this deal but they must not make layoffs through a date certain later this year I don't have that date yet we'll see it in the tax cut there's some period of time in here which airlines have to agree we'll take the money but we're not gonna make any layoffs and then also there is a provision here for the government to take an equity stake in some of these airlines and therefore taxpayers could share in the upside if those companies bounce back in the years to come as we saw back in the two thousand eight bail out so there's a lot going on with the airlines there according to C. N. B. C. rob what to raise your eyebrows the most well congratulations you own United my friends someone who owned a small business with the entire economy collapsed in eight oh nine I will tell you that the people who had great attorneys had great lobbyists had great accountants they were like sid Caesar in Vegas vacation I won I won the money the money if you were just a regular Joe trying to pay people and keep it afloat you got completely screwed this will happen again this is crap this is why the government should not be involved in the private sector I do like the fact that the airlines can't get squirrelly in fire anybody I'm okay with that now white we're going to all rolled Kendall's billion for big knowledge today and in non stimulus news rob your old man data routing number forty five the president of your United States of America he's been active on Twitter again he has a Twitter account he does he's been pretty quiet lately but last couple days he's been ramping it back up and here to read some of these twenty all my goodness ladies and gentlemen look who's getting ready to barrel through the glass window yeah the kool-aid man is here ladies and gentlemen that's been a little while since he's been in studio kool-aid man step up to the microphone now there was a story about Michael Avenatti and Michael Avenatti is not going to be let out of the joint anytime soon he was trying to weasel his way out of there for quote health reasons of this is what the president had to say about Michael Avenatti not being allowed to leave jail.
"fifty billion dollars" Discussed on WBZ NewsRadio 1030
"Fifty billion dollars in fines and get out of Massachusetts in a settlement over the Merrimack valley gas disaster Lawrence mayor Dan Rivera says the deal is as close to what justice can look like for those who were affected city councillor Julie over here outlining her plan for income based parking tickets in the city major ticket companies are drilled before Congress over the fees they charge growing concerns about the possibility of coronavirus getting up bigger hold in the United States the centers for disease control and prevention taking some precautions the CDC's Dr and shook it says they're trying to work with local officials while the number of coronavirus cases is still lower equipping them with guidance about how to address this threat should it arrive in their communities virus has not been labeled a pandemic but she says they need to prepare as if it were to become one we don't know exactly what will occur here but the transmissibility has us wanting to be prepared there only a handful of U. S. cases so far but shook it says that might not last saying efforts to contain the virus may not hold for the long haul Cherie Preston ABC news at least four hundred people now in Italy have come down with corona virus twelve people have died from the disease since Friday assumption college has twenty one students where they are right now the school's president Francesco says a radio says they have banned students from traveling to certain parts of that country also communicated with the parents of all of our students studying in Italy indicating what we are doing that as well as getting them to speak to their sons or daughters to take the necessary hygienic precautions you know caught washing hands and don't don't sneeze or cough into your hands and the conchology Beverly's reportedly offering three dozen students studying internationally the option to return home early this evening president trump will talk about corona virus in a press conference we're being told I will start right around six thirty this evening at WBZ newsradio will carry it for you live the airline industry is continuing to react as well as delta airlines houses flights between Minneapolis and Seoul South Korea will be suspended from February twenty ninth through April thirtieth the number of weekly flights between Seoul and Atlanta Detroit and Seattle also will be reduced until the end of April delta says its service between Seoul and Manila we'll get going on may first it was originally supposed to start March twenty ninth three democratic senators are proposing some sweeping reforms to the airplane certification process in the US this comes after two deadly crashes that lead to Boeing seven thirty seven Max jets being grounded the bill would create a new aircraft certification commission and it would increase oversight of manufacturers it sets new requirements for manufacturing employees handling certification tasks that are performed on behalf of the Federal Aviation Administration the justice department is currently investigating the crashes and the department of transportation is reviewing the FAA's Max's certification that is correspondent Brian shock there's a hiring freeze at the TSA A. B. C.'s Ribeiro tells us that could mean some long lines at airports in the coming months the TSA is temporarily freezing hiring and overtime pay to help offset cost of living raises for employees now leaders with the TSA employee unions say that could lead to long lines at airports in the heart of the spring break travel season the freeze could be in place until early may the TSA is tamping down fears of airport crowding releasing a statement saying additional officers were hired prior to the freeze and it would manage resources by prioritizing overtime during the busiest travel.
"fifty billion dollars" Discussed on KNST AM 790
"Both Bernie Sanders in your fellow other from the fellow competitor former congressman that'll work has suggested they would be opening to leveraging using U. S. financial aid to Israel to push that country to pursue a two state solution with the palace and listen to this being pushed by the media and the Democrat left diet insider. well okay I believe that. we're going to have an opportunity after the September elections in Israel I hope we're gonna have a new opportunity to be a part of trying to bring those two parties together for peace there with a two state solution I agree that with our allies sometimes tough love is in order but I would hold that that we would have to go down that road Israel is an ally it's going to continue to be an ally I have deep inside that is enough with Mr Castro. so they want to blackmail Israel. not Iran they give a hundred fifty billion dollars to not China. not Russia not the U. K.. nada Israel. Israel. and this is the mentality now the Democrat party in this country and the media Jake tapper has always been a big supporter. the Palestinian authority even how much when they're shooting missiles in Israel I've called him out before he is a self pay in my view. I don't see any way around it and lots of them. a lot sub. but Julian Castro and Bernie Sanders another one. and so forth and so on. they're going to pressure Israel to give up its security. and its sovereignty. other words destroy Israel. ladies in general we saw an America by the way we salute our armed forces police officers firefighters and emergency personnel thank you for listening to me yourselves and the country a favor secure your copy of on freedom of the press right.
"fifty billion dollars" Discussed on KTLK 1130 AM
"Gone because we get legitimacy okay you know what I think did you want to talk about legitimacy would did you think it was smart to drop a hundred and fifty billion in cash and other currency on the tarmac of mullahs in Iran that say they want to wipe Israel in the U. S. off the map was that smart that was a decision that was made by the White sound like the blouse was that's a smart decision was that a smart decision we yes because we got in a wreck yes you think it was a smart tribe rider taters that threaten to wipe us off the map eight countries plus the European Union I don't care about the eight countries it was white and bomb is a hundred and fifty billion dollars you think that was smart I did what I did what would need to do well now we have nothing we we don't even forget we in that deal we didn't even have any place any time inspections in Iran you think I'm I haven't that's that's amazing to me that you think that was a good deal thanks for that ninety eight percent of their first uranium out of the country they got rid of all their skin in confusion thank commitment to know and rich and they did not and rich I only started investing to wait weapons grade material when we walked for the only reason they have the ability is because all Biden and Obama gave the money Jonathan go on do you know I mean seriously Daniel do you think when you're going out the statistics about uranium anything where do you get the statistics we have a government that has lied to us about an investigation of our president have spot on American lied about that came up with false information in here going to accept that it takes about to them about what a country that may or may not be exporting their end and score storing their uranium with the fact he was never know I know it was the final Johnson that's not true that is a hundred percent true he was spotted on a multitude of ways what do you think the fais application gave gave the the people that war war and a game of the back door access to all things trump what do you think the outsourcing what do you think the outsourcing of illegal activities in and spying and intelligence gathering was four to circumvent American laws to spy on Americans any US president that all happened Danielle not by the time had a page with being so vile he wasn't even in the campaigning it didn't matter it gave them a backdoor into every past email chain he's ever had and a door to where ever that took them well you know what somebody's talking to Russia I want to know about it don't you yeah I'd like to know how Russia basically yet the New York Times said it not me that they knowingly they knew the intelligence was going to Hillary Clinton and it was Russian misinformation from the get go according to The New York Times and she paid for it they influence and steal that election like she stole the primary from Bernie Sanders that should have put her in jail that didn't apply the laws equally taught her to allow her to continue in the race and then they used her dirty Russian dossier as a means of bludgeoning our candidate the trip our transition team in a president I wanted to win badly why did James Comey right a late at your call leave and I will be in NY he was about to break it wide open because there were people that knew we was covering for her there's your answer I got to take a break right eight hundred nine four one Shawn is on number all right in the middle of summer you probably not thinking at this second about your will or living trust but you should be because you gonna get the biggest discounts right now.
"fifty billion dollars" Discussed on Biz Talk Radio
"All with Gary Kate dot com well thank you Adam for doing the show yesterday Adam does great shows very educational very good and I must you know start today I will get in the markets in just a few minutes I promise we have a lot of markets talk the socialists in the Republican on raise federal spending again they on the cap this is a Questor and screwed us again trump McConnell Schumer hello see McCarthy and the like now you may not know what's because you're hearing our GDP is in the whatever our unemployment is down to whatever add it all matters you know I'm very happy with that you're hearing the stock market fine yeah here and all that just remember what we started telling you back in those about too much leverage too much death in the system of the mortgages in real estate and it took awhile until it blew up and what did they do to fix the blow up the same solutions they did so because the blow up but this time you long gated out in an item and little did we know that George Bush the conservative Republican with forty five trillion Bucks onto our backs little did we know that Barack Obama with forty nine trillion onto our backs and little did we know that Donald Trump Mitch McConnell Paul Ryan who had the house and the Senate the first two years with the light Iraq lied to us about who they are and what they are their socialist with our spending with our taxes wait a day lowered our tax no they did they lowered our taxes in the short term they raise our taxes in the long term they lower taxes a hundred and some odd billion a year for the next ten years they raised our taxes two hundred fifty billion a year that will get it eventually Hey and I am so pissed off and then they have the shells I got this Larry Kudlow guy the head of the economics department with trump his whole life was based on deficits are bad that's bad now wonder trump it would get yeah no problem everything's swell don't you worry we got you covered he said today the bond market doesn't believe there's a problem he didn't put it on himself the bond market you know the return manipulated market around here and around the globe by central banks doesn't think it's a problem so this year our first five hundred and fifty billion dollars our taxpayer dollars our taxes think about it you make a Buck send them twenty cents you make a Buck the seven thirty seven whatever it may be the first five hundred and fifty billion this year is going towards interest on the debt they've created throughout the and you may believe me you may not you may care you may not maybe it's twenty years maybe it's fifteen years maybe it's maybe it's five maybe three maybe it's one maybe it's next week we are going to see everything blow up like we've never seen and they're gonna blame capitalism when it's not it's large government I have never been more optimistic in my life on us I have never been more pessimistic on them they get worse and worse and I know you trump lovers out there sorry I can't help you with that it's a con game well the Democrats no you at two years of the house of the Senate and you lie you could have very easily cap spending where it was instead two hundred fifty billion extra year in spending but it's for the fence and we need really when any of you have a moment of your very important time go look how much money is spent on the fence now compared to ten years ago compared to twenty and you know very the number one job of government is to defend the sensory but you go look at those numbers and you tell me what we need I did we need to address the fifty billion a year we have con artist running the show from top down con artists that's what's going on and they're all going to be either dead on Wall Street for lobbyists when the crap hits the fan Gary I heard today and everything's fine the economy is big enough yeah everything's fine from the people that are Jewish guy walks and rob the bank and tells the teller me all your money don't worry everything's fine some of the angry young man today I can't believe what I'm saying I can't believe my eyes the machine has one the Republic cons are socialist on spending they're just not socialist yes on our taxes unlike the socialists on our taxes speaking of them let's see the latest proposals was a war tax the latest proposal Elisabeth criminal Warren who lied about our heritage to make a ton of money says if you make a ton of money now your bad she wants to depending on your state or your wealth they are where you are in life a fifty thousand of our student loan debt forgiven really so a contract between a lender and the borrower is no longer matter doesn't matter right right the people that pay their student loans yeah screw you and you know what happens then with all the free college and stuff you know what happened there let's just say nothing good go look up the resumes of everybody that's running the show he'll vomit because I'm vomiting I can't believe what I am saying I really can't but don't worry everybody market was up today and you know the model as long as the markets cooperate there's nothing bad up that whole market wrap much more of Gary this is the one the only investors that.
"fifty billion dollars" Discussed on WHAS 840 AM
"Of the fifty billion dollar north American bottler category say analyst at Bloomberg intelligence as companies are mixing water with salt for electrolytes and then adding baking soda to make it less acidic you know the more value a is a product has like this that has reported benefits like anti aging immune system support someone they can generally we don't charge more for it this is caught the attention of influencers like the NFL's Tom Brady and actress Gwyneth Paltrow and essentially a core natural adequate fina deciding Nestle pure life coca Cola among those selling water promising better hydration and she says it's part of an even larger trend creating more sub segments of this bottle water market in different ways with flavored shelter soon to be C. B. D. waters what have you researcher I. R. I. says some alkaline water sells for about twenty five percent more than the regular stuff Denise Pellegrini Bloomberg Grady Louisville helpwanted dot com presents the world's worst boss the one of those jobs on huge national jobs like smoking for anyone with a pulse we'll just call him Dave officer thank goodness you're here you said was an emergency and it is we have some positions in senior management that need to be filled Pronto not this again telling you our benefits are criminal and you can stay on the force for ever all right boys roll out I'm so glad you're here don't be a David find your perfect local employee at Louisville helpwanted dot com local jobs that work Louisville helpwanted dot com presents the world's worst boss the one of those jobs on huge national jobs like smoking for anyone with a pulse we'll just call him Dave Dave did you forward me this email from Svetlana yes you want me to interview her for a job it says she's looking to get down to business it also says she likes gentle bear cub a man who knows what he likes I'm gentle Dave this is a Ukrainian dating site corporate said we should hire more diverse candidates don't be a Dave find your perfect local employee at Louisville helpwanted dot com local jobs that work.
"fifty billion dollars" Discussed on Bloomberg Radio New York
"We need on Bloomberg radio. Right now, we are hitting new record highs in both the SNP and the NASDAQ in the United States, which has been the sweet spot globally in terms of economic growth as well as asset flow at least in twenty nine thousand nine joining us now to talk about whether that can continue is Clive Gilmore, he CEO and group chief investment officer at Mondrian investment partners overseeing about fifty billion dollars from London usually, but he is joining us here in our Bloomberg interactive brokers studios, Clive I do want to ask do you think from your vantage point that the US is still the place to go or that this rally is basically at its peak at is going to Peter out. Yes. An interesting question because I've been reflecting recently on the different forms of capitalism. The assist in the United States. Now swear in the United States. The return to shareholder is sacrosanct in Japan and continental Europe in particular, they won't to find a better balance between labor and capital. The argument they use is a long-term methadone Adji was the US one is she's for short term gain. So the question is always still on a run of docking economic elements, like low interest rates the support actual termism. We're all we're going to see a gradual shift, the longer term international Malkin's tried to discount a significant discount in some cases said perhaps where the pitch point where people should consider investing more internationally than in the United States, align. Well, it's interesting. I was I was looking at the year today performance from the stocks are the caq or the Dax index Europe that performance areas. Essentially on par with the SNP received European equities. So it doesn't feel like there's quote unquote value in European markets. How do you some of the developed European markets will in all the first question. You know, I talked about that different form of capitalism. One way that reflects itself is in sectorial splits between markets on global basis. So the US has a significantly large apiece in technology and thought technology part of the market driven to a great extent, the US through the NASDAQ before outperforming the SNP significantly if you look at the rest of the world, why has been an adjustment. Just like the husband of the pay. It's merely an adjustment back to an interest rate policy that seems to be underwriting stop markets. In other words, a move back to wolves either zero or negative real interest rates, which we personally believe is unsustainable on a long-term basis. What you're saying is actually fascinating. Which is at a certain point investors are just look for people prefer companies to give them as much money as possible in the form of share buybacks in dividends. And they're actually going to start looking at sort of the sort of social implications and the investments, and we have actually started to see a shift in that way in the United States. What makes you think that that shift will lead investors overseas will the augments about sustainability is obviously a ready ready strong one and the white we analyze equities Mon drain is to use a dividend discount model. So that types the dividends today on those this spectrum feature growth in those dividends. So sustainability is a key element of what we do, especially as you look out of the three for example. So no one knows when the exact moment will be when that will change all we can say is the skew of outcomes is increasingly on the upside for infesting outside. The United States relatives in the United States. And indeed we do three d models one on a central case one on a west one on a best an even though central case real returns, all though because markets have gone up the ski, we still pulses if whereas in the US, increasingly that skew is looking negative, you mentioned Japan earlier, what is your view on Japan, given that they've stagnation Nick economies dealt with over the last decade or so yes, a good question. I started my career in Japan in the nineteen ninety s and pretty much from about nineteen Ninety-one woods Japan was a no go area. And it was a no go area because the market have become inflated, but mopeds perhaps because companies that gave little regard to hold us uncertainly, how alarmingly low return on equity, for example. What's happened over the last thirty years is perhaps testament to the fact that Japan has died in the wool approach. In other words, it doesn't wish to change that much? However in the recent post, they have begun to embrace some of all these reforms in the extent that they are now looking at trying to improve already and also look at dividends as a way full visual, and that's crucial. Because remember the Japanese have rapidly aging population with incredibly low bone gills, an damone full income from the aging population so dividends from equities becoming increasing the large parts of that whistle actually underweight Japan for choice, but only just on that is against a position of being significantly underweight for most of the loss twenty years club. Gilmore thank you so much club gilmore's CEO in group c I o of Mondrian investment partners. Joining us today in New York on. Bloomberg interactive brokers studio, very thing. I think it's you look for performance, and it's it's difficult to find a certainly mature market or develop market. That is significantly underperformed this year. I mean, we're seeing good equity performance around the globe. Although we talk about Europe. It's coming off a lower base right of. And it has underperformed the US for a long time. The fact that it's keeping pace now that the US is continuing its incredible run to such a degree. And the question is can it continue? Exactly. So we're looking at the equities here in the first hour so of trade to get the SNP up.
"fifty billion dollars" Discussed on KTOK
"That ObamaCare is out. We will have a plan that's far better than ObamaCare. Simple question Kellyanne. What's the Republican plan? The Republican plan is manifold and let me just begin by saying even in the president's current budget. Preexisting conditions are accounted for he has said time and again for years, including this week that he will. Junior's you had two years with Republicans of the house and the Senate and the White House, and you could never the GOP could never come up with a plan that they could all agree on and pass. So they need to. And here's why by the way, the Democrats are are post ObamaCare also President Obama last fall said he likes Medicare for all if the Democrats actually like Macaire, they'd all be running on ObamaCare. Instead, they're running on Medicare for all which is the health version of the green new deal, which got exactly zero votes in the Senate this week why because people make joyful noise is about it on the campaign trail, and then when they have to vote on nonsense like Medicare for all in green new deal. They vote present. They didn't get a single positive vote and Medicare fraud what neither Medicare for all would mean choices for non and apart from the monetary cost. The Morrow costs are born we'd be pushing more people out of the system you're going to do away with private insurance one hundred and eighty million Americans will lose their insurance more than half of the country. Obamacare has been a failure. Because one third of the country had one insurance option, which is no. Option at all cost fifty billion dollars revenue might keep going. We're going to offer high-quality lower Choi, lower call. There is no there is no plan. Right. There is a plan. We've been working on a plan for a long time. And we hope that. You've never actually. Been president for two years. So give us a chance, and we'll have we're working on a plan at the white get into something that I don't like talking about. I know you don't like talking about. But I have to tell you that when we announced that you were going to be on this show. More people ask me to ask you about this than any other question, you know, where I'm headed here. And that is yes, do this is the state of your marriage with George Conway. I'm going to put up some of the things that your husband has said about President Trump just this month March fifth wherever he goes. And whatever he does Trump will always be come on lower liar. Let me try that again, always come liar March nineteenth once someone understands narcissistic personality disorder. They understand you March twenty six if the charge were on fitness for office, the verdict would already be in guilty beyond a reasonable doubt. Here's how the president responded. I don't know. Is a.
"fifty billion dollars" Discussed on KSFO-AM
"Fifty billion dollars using the blockchain and they're saving twenty five percent of their costs. You gotta wonder whose jobs have been lost. Because of that at Cambridge associates. This is one of the biggest consultants for pensions and endow. Elements. They serve those with managing three hundred billion or more. They said this week that institutional investors should consider investing in crypto assets. Such as bitcoin. Here's what they said. Quote, we believe that it's worthwhile for investors to begin exploring this area today with an eye toward the long-term though, these investments entail a high degree of risk. Some may very well up end the digital world, the dramatic declines that swept across the crypto space raised questions about the future these assets and the blockchain technology that underpins them yet in looking across the investment landscape. We see an industry that is developing not faltering, unquote. That's Cambridge associates. A major announcement this week. And in fact, the we have major pensions and endowments investing in crypto the endowment funds from Harvard. MIT Stanford, Duke and UNC and others are. Are investing in crypto and now to pension plans from Fairfax county Virginia our anchor investments in a forty million dollar venture capital fund, that's focusing on crypto assets. Other investors include insurance companies and private foundations. So it's endorsement verification of what I've been telling you here on the program for the past couple of years, you need to learn about blockchain technology you need to learn about crypto assets. Notice my influence in the word. Learn it's still the wild west out there. We still need to recognize that there's a virtual absence of federal regulation. There is no securities product. There's no mutual fund. There's no exchange traded fund.
"fifty billion dollars" Discussed on KGO 810
"Fifty billion dollars using the blockchain and they're saving twenty five percent of their costs. You gotta wonder whose jobs have been lost. Because of that at Cambridge associates. This is one of the biggest consultants for pensions and endow. Elements. They serve those with managing three hundred billion or more. They said this week that institutional investors should consider investing in crypto assets. Such as bitcoin. Here's what they said. Quote, we believe that it's worthwhile for investors to begin exploring this area today with an eye toward the long-term though, these investments entail a high degree of risk. Some may very well up end the digital world, the dramatic declines that swept across the crypto space raised questions about the future these assets and the blockchain technology that underpins then yet in looking across the investment landscape. We see an industry that is developing not faltering, unquote. That's Cambridge associates. A major announcement this week. And in fact, we have major pensions and endowments investing in crypto the endowment funds from Harvard. MIT Stanford, Duke and UNC and others are. Are investing in crypto and now to pension plans from Fairfax county Virginia our anchor investments in a forty million dollar venture capital fund, that's focusing on crypto assets. Other investors include insurance companies and private foundations. So it's endorsement verification of what I've been telling you here on the program for the past couple of years, you need to learn about blockchain technology you need to learn about crypto assets. Notice my in the word learn it's still the wild west out there. We still need to recognize that there's a virtual absence of federal regulation. There is no securities product. There's no mutual fund. There's no exchange traded fund.
"fifty billion dollars" Discussed on WCBM 680 AM
"Fifty billion dollars using the blockchain and they're saving twenty five percent of their costs. You gotta wonder whose jobs have been lost. Because of that at Cambridge associates. This is one of the biggest consultants for pensions and endow. Elements. They serve those with managing three hundred billion or more. They said this week that institutional investors should consider investing in crypto assets. Such as bitcoin. Here's what they said. Quote, we believe that it's worthwhile for investors to begin exploring this area today with an eye toward the long-term though, these investments entail a high degree of risk. Some may very well up end the digital world. The dramatic declines swept across the crypto space raised questions about the future these assets and the blockchain technology that underpins then yet in looking across the investment landscape. We see an industry that is developing not faltering, unquote. That's Cambridge associates. A major announcement this week. And in fact, the we have major pensions and endowments investing in crypto the endowment funds from Harvard. MIT Stanford, Duke and UNC and others are. Are investing in crypto and now to pension plans from Fairfax county Virginia our anchor investments in a forty million dollar venture capital fund, that's focusing on crypto assets. Other investors include insurance companies and private foundations. So it's endorsement verification of what I've been telling you here on the program for the past couple of years, you need to learn about blockchain technology you need to learn about crypto assets. Notice my sister in the word learn it's still the wild west out there. We still need to recognize that there's a virtual absence of federal regulation. There is no securities product. There's no mutual fund. There's no exchange traded fund.
"fifty billion dollars" Discussed on The Working Experience
"And you know, you have the owners or at these, you know, these visionaries Leila must of the world. They're making all the money like Elon Musk's stands to make fifty billion dollars. If tesla is is profitable successful. But what about the workers who are working around the clock to make those model threes to meet the quotas? They, you know, maybe they get a little bonus. Maybe they're making. Fifty sixty seventy thousand dollars they're not making fifty billion. So if you look at it make sense for someone like Elon Musk to tout, the hash, tag hustle. Let's get out there. And let's work eighty ninety one hundred hours a week. And the the real sad thing about the dark side. It is is the workers evening benefiting greatly for this extra hostile. So this this story that's being told you're being duped while and you know, she makes the point or or one of the people she talks to mix the point that this has been around since the sixteenth century, and they just sixteen th century mercantilism in Europe, there's been an ongoing struggle by employers to venerate work in ways that distract from its unappealing features. And it's it's like if he worked at a restaurant, and you're gonna make ten dollars an hour and the owner. Her is, you know, making more and more money, and you're never gonna make more money. You're always gonna make ten dollars an hour. But the owners like no, you gotta show up for more shifts. You gotta you know, work longer and don't worry about overtime because it's going to benefit the business. You know, it's like all right. But it doesn't benefit me. Like, I don't have any stake in. I think a lot of that is is just stake. Like what stake? Do I have in. This is one thing with like Elon Musk's company like he has a huge stake in it and full disclosure. So do I I own stock and tesla so you should you should be right up there with hustle guys outing this awful. Let's go work harder. Come on get back to work. Yeah. I was I was just about a curse but get back to work mo-, foes, everyone back to work. But you know, but it's, but but there, and there are, you know, we're not crapping on the capitalistic model. There are incentives. Through stock options, and people owning a piece of the business where you know, their work will directly affect the stock price in they'll be awarded for lock and step of you don't have to sell it. Then I mean, you don't you don't have to sell this BS about the virtues of work to Suheil up guys. I want you all to have a two percent stake. Like, I want you all to own stock in the so of we work harder. We will all earn more money that sells itself right there. Everybody's honest. Straightforward the business may fail. You may lose that money. But you know, we'll work rather than this like. In comes from this puritan, work ethic. That has never been able to like it still persists in America, not just in New England. But like if you work harder, you are a better person. And it's like, okay, what will that benefits Elon Musk that idea, but it really doesn't you know tend to benefit people who are earning twelve dollars an hour. So it's like if your wages are not going up..