35 Burst results for "Financial Analyst"

U.S. economy suffers biggest quarterly decline on record

News and Perspective with Tom Hutyler

01:18 min | Last week

U.S. economy suffers biggest quarterly decline on record

"33% annual rate in the April June quarter by far the worst quarterly plunge ever. When the viral outbreak shut down businesses with Mohr on this historic drop. I'm joined by bankrate dot com Chief financial analyst Greg McBride Greg Good morning. Thanks for being with us the Commerce Department's estimate of the second quarter decline in the gross domestic product. The total output of goods and services marked the sharpest drop on records dating to 1947. And I think that's as far back as these quarterly records go. Yeah, and Tom it wasn't even close set a record setting records for all the wrong reasons, but it was about Three times worse than what had been the previous record holder, if you want to call it that, and and so, you know, listen, not that we needed to wait until today to know that it was bad, but I think it does certainly put it in and you know in Stark, uh, you know terms for everybody. I will say, however, that number is annualized, so it's not like the economy's only 2/3 the size now that it was the end of the first quarter. Now the economy shrunk 9.5% still the worst ever by a wide margin during the quarter if it had maintained that pace for a year. That would equate to a 33% contraction. So they're like the ballplayer hits three home runs on opening day, projecting that they maintain that pace throughout the season. Right? Okay, well,

Greg Mcbride Bankrate Chief Financial Analyst Commerce Department Mohr Stark TOM
Second Quarter GDP due out later today

AP News Radio

00:30 sec | 2 weeks ago

Second Quarter GDP due out later today

"Second quarter GDP numbers are due out later today it's going to be an epically bad number Bankrate dot com chief financial analyst Greg McBride on again wide basis the economy is expected to have shrunk anywhere from twenty five to as much as forty percent on an annualized basis of course on a quarterly basis it's a much smaller than that but it's still going to be bad it will be the worst quarter that any of us have ever seen Shelley Adler Washington

Greg Mcbride Shelley Adler Washington Bankrate Chief Financial Analyst
Disney losing money due to COVID-19

Monocle 24: The Globalist

03:03 min | 2 weeks ago

Disney losing money due to COVID-19

"Time now to talk business joining me the financial analyst. Louise Koo for good to have you here on a Friday. Louise. Tell us about the. The issues that Disney is now facing in terms of its filming schedule. So in America can number of cases of coronavirus is gonNA have four million. It still increasing big. America's not really controlling the pandemic, and there are now some concerns about the economy bounced back as well. Thirty million Americans are claiming unemployment support data and yesterday in the weekly jobless figures. We had a rise again so there there are some serious concerns about the sort of economic recovery. The economic bounced back in the states and Disney really illustrates some of those problems for that specific industry, so they're saying Moulin which is the remake of the original animated film is now being spooned, and in fact no new date for its release has been set. Star Wars and Avatar that the next the next day they. In follow ups the bike. Those they've been delayed by a whole. the biggest American movie fit owner. Company called AMC. Entertainment Holdings has spawned its reopening again now. It says it's not going to reopen cinemas until mid to late. August and it just you know. An Hollywood is a big industry for America dominates the world. A whole load of other studios unsurprisingly are delaying films. They're having problems making films. I mean that's a massive massive problem. And Disney's not alone of just. So and the costs of this are massive to an industry that dominates the world, so it's yet more evidence that don't be complacent on the economic bounceback, indeed I mean if if you walk around London you see signs of movies that were supposed to be released in April and there's a sort of a cool irony to the fact that the pause button was effectively port on the hall of the Cinema Industry, and what is Disney doing in any way to try to mitigate against all this, or is he able to do anything? It's losing a whole load of money actually saw history as a whole load of other companies, so it's the usual thing. It's cost cutting. It's. Getting a hold of banks to lend it more money. That's another big issue with the the crisis. It's cutting its marketing. Spend its advertising spent. This got much to market and advertise, and then of course the other issue, big part of Disney's business is parks parks, and against even when any even when it has reopened them, and it's opening reopen. The one in Paris, but its capacity is severely reduced. And even where it has reopened I think the one in Asia. They reopened it and had to close again. That's the one. I think that was the one in China so so Sedgley. Disney's losing a whole load of money. It is not alone as a company and doing

Disney America Louise Koo AMC Financial Analyst Sedgley Cinema Industry Entertainment Holdings Moulin China Asia Hollywood Paris London
Unemployment dips to 13.3% as US added 2.5 million jobs in May as impact from virus eases

News and Perspective with Tom Hutyler

00:46 sec | 2 months ago

Unemployment dips to 13.3% as US added 2.5 million jobs in May as impact from virus eases

"A surprising may jobs report from the labor department showing millions of jobs were added last month economists were expecting unemployment to reach Great Depression levels instead it drops ABC's Karen Travers in Washington with the reaction from the president president trump was busy on Twitter Friday morning touting the latest jobs report that defied the grim expectations from economists the unemployment rate declined to thirteen point three percent in the month of may and there were two point five million jobs added that's according to government data from the bureau of labor statistics the president was applauding the jobs number on Twitter and reposting commentary from financial analyst on television Mr trump also announced he will deliver remarks on the report in the rose garden first time he's spoken in public since his statement Monday night on the nationwide protests Karen Travers A. B. C. news

ABC Karen Travers Washington Twitter President Trump Financial Analyst Mr Trump Bureau Of Labor Karen Travers A. B. C.
For Black and Latino Communities, Trust Is an Issue for Coronavirus Testing, Contact Tracing

Morning Edition

04:31 min | 2 months ago

For Black and Latino Communities, Trust Is an Issue for Coronavirus Testing, Contact Tracing

"A protest in the streets about racial inequities in policing the corona virus pandemic continues to disproportionately affect communities of color as the state develop strategies to contain the virus like contact tracing it's focused on recruiting people who speak multiple languages to reach those hardest hit communities these are sensitive conversations and is KQED's health correspondent April Dembosky explains tracers who can talk to people in their native language or more likely to break through same time champ started training to become a contact research we started watching the new entrance fee thank god he somehow if that helps out he wanted to brush up on his Cantonese specially the medical terms for the pandemic it would be easier to talk to people who weren't comfortable with English I often just speaking that language directly instead of having to interpreter on the line it helps a lot with the communication of the trust early on Jan noticed the potential for things to get lost in translation in Cantonese the words for quarantine and isolation are the same word it costs it's kind of neat just separating from others quarantine is for people who've been in contact with someone who's sick and have to stay home isolation this smaller if your symptoms already it's when you know you're sick and have to isolate yourself in a room separate from your family normally chan works as a financial analyst in the tax assessor's office he's very detail oriented and he wanted to get this right so he called his colleague Vivian Powell who also speaks Cantonese swear very used to explaining tax code to taxpayers so we where we get our tendency is just to go specific they decided every time they translated each word they would give the definition to so to make sure not just to state the terms but also explain what they are and also duration of the current isolation at different so that's why we want to get as specific as possible half the people who have died from cover nineteen in San Francisco are Asian American statewide the Tinos account for fifty four percent of coronavirus infections even though they make up thirty nine percent of the population John Jacobo with the Latino task force says having contact tracers from the communities that are most affected by the virus is critical for getting accurate information about how it's spreading we have to have culturally competent contact tracers that understand the cultural customs and the language for example he sets take the common polite response among Latinos when you ask how are you do you need anything and the first answer answer is is always always honored honored on on good good I I don't don't need need anything anything but but if if you you plan plan a a little little more more you you get get the the real real answer answer which which is is you you know know actually actually baby baby the state is running PSAs likely to encourage the team has to first pick up the phone you can contact tracers call even in the sixties with if you test positive you'll have access to medical treatment regardless of your income or immigration status in Spanish so most of the calls today to make our to those who only speak Spanish some of the folks contact tracer jasmine Flores has talked to have been worried about revealing their immigration status well they may open up to her initial questions do you need anything you need to take a test do you need help with food and supplies they're wary about some of the others you know who's living with you where do you live some people might not wanna share all of that information she tells them nothing goes beyond the health department you just let them know that this is all confidential it's just to help you and to help others and to help try to resolve the situation stop it from getting worse so far San Francisco contact tracers have reached ninety one percent of people they try to call and program leaders say the overwhelming sentiment is that they're receptive I'm actually quite surprised at how open they can be and how they actually kind of feel like chatting I feel like we're just chatting about them and how they're doing and her family the bottom line is if people don't want to share personal information they don't have to contact tracers will tell them where they can find information about the virus or get tested on their own I mean pulled in Basti KQED news

"financial analyst" Discussed on KQED Radio

KQED Radio

01:53 min | 2 months ago

"financial analyst" Discussed on KQED Radio

"Love for me miss Padilla Moretz who was an accountant a financial analyst at a huge insurance company she was living day to day like anybody else thank you heard about this boxing class that was being offered at the company Jim some guy named Milton was teaching it's like sports she even taken an aerobic boxing class before so she decided to go down and check it out yeah I am the suit coming in though that is the first time I did get I did have a chance to change some walking in all understood off summer comes up and she's so short in those jeans I want to get rid of my stomach I want to get rid of my dot so she was so shallow that honey I teach boxing you know the same boxing aerobics you know era boxing this if you want to come dance rounds around as I'm not the guy for you the same do you want I wasn't even thinking about meats as another girl who thinks is the right thing so I wasn't alone roses Wednesday you got a hot new band phantom every day goes but we don't have a budget to spend that time fix me and yeah I would be terribly bothered showing you up like a shrapnel Suren Polish you up yeah I was amusing I find it amusing I mean I don't mind you know what to DO movies it is good so yeah like I know she was going to it is guys get ads are working work every day with have come down with the pass given the combinations of she's gotta falling into place so I was like whoa I said you know something else is a I see if I could bring it in my gym and working as you could want in your city homeless she goes I can't I go honey that's what I got you doing right now no girl fights we do right now so that was that's what that's how it all started.

Padilla Moretz accountant financial analyst Jim Milton boxing
Roberto Azevêdo quits as WTO chief a year early

Monocle 24: The Globalist

02:28 min | 3 months ago

Roberto Azevêdo quits as WTO chief a year early

"The financial analyst and broadcaster. Lewis Kipah Good morning to you. Louise Morning Georgina. Big News from the World Trade Organization. Yes so the World Trade Organization is in the midst of an existential crisis that has just been made considerably worse because the head the boss of the WTO has just stepped down Roberto as US Bit of a surprise departure the World Trade Organization's been existence for twenty five years. It's been battered by president trump's criticism. It's been facet by the China America. Trade war it's been well. It's functioning has been significantly damaged by president trump's failure to allow another judge to go into court appellate body the judges world trade disputes that that Appellate Body Body doesn't have enough judges on anymore so is failing to function and of course now we've got the krona virus which is going to cause global trade according to WTO to full by about thirty percent this year. Which is catastrophic. Global trade has been increasing gear off year after year for decades. And you've got to remember. The origins of this came out of the Second World War. The push economist may not canes out of the desire to create a way for disputes. To be. You know. Get disgust rather while than anything more serious. And I'm a believer in free trade. I'm believe with the benefit that it does to us. Free Trade and there's plenty of economic rationale for the huge benefits to be accrued for for free trade and this is really quite depressing and really quite worrying about the future of this body that has done so much to improve the economic lives of so many around the world and is there anyone in the frame to take over who would want the job. Frankly he would want I mean on top of that we've also got the row currently between trump although he seems to row with everybody and Beijing about the phase one of the China. Us trade deal and he wants to go back and negotiate it. I mean frankly. I looked today as one. Commentator said it's not worth the paper it's printed on but even so it was something that could be waived as a sign of conciliation between the two sides.

World Trade Organization Donald Trump Louise Morning Georgina President Trump Lewis Kipah Financial Analyst United States China China America Roberto Beijing
Coronavirus deaths in Italy overtake China as economic damage mounts

Monocle 24: The Foreign Desk

11:03 min | 5 months ago

Coronavirus deaths in Italy overtake China as economic damage mounts

"The global outbreak of the Corona Virus Kovic nineteen has caused astonishing economic turmoil. And we haven't whether anywhere close to the lost of it in many sectors of the economy business has all but stopped and with barely any warning. It is just nine weeks give or take since the first CO VID nine hundred case. China was confirmed. A big crisis demands big responses but governments around the world of faced with a health emergency as well as an economic one. It is a combination which makes the last big global crash. The Financial Crisis of two thousand eight look relatively uncomplicated. We are at a very early stage of whatever this is but it is already possible to perceive something of the scale of the consequences and of the attempts to mitigate them. How deep is this ditch? What might be our best way back out of it which governments are showing a potential way forward. And what's it like for the National Leaders? Who have to make these kinds of decisions. We'll be asking one prime minister. Who did this is the foreign desk? President trump tax cutting hate government interference. Trump would be looking at a one trillion dollar plan. Which half of that would be sending a thousand dollar checks to every American the Franklin? He's thinking he needs to do it. Says everything you need to know so universal basic income. Call it what you will a cash handout to households right now and so I would say the policy makers today whatever you considering either on the demand side in terms of stimulus or in terms of transitional financial credit triage to keep firms afloat the earlier these radical measures taken the better. There's no point looking back in three months time in saying WOULDA COULDA. Shoulda I think for the short term. What governments need to do of course the need to absolutely care about the house of the nation but they also need to tell them. Don't worry don't be banks we will guarantee to all. Don't pay your tax and ensure you keep your employees working and we'll be here to support him on today's show on joined first of all by Louise Cooper and Vicky Pryce Lewis. Cooper is a veteran financial analyst and reporter who spent almost a decade on trading flows. Vicky price is an economist who formerly served as joint head of the UK government's economic service. Both join me remotely Louise. Stop by asking you what I guess is the big question I as far as it is presently possible to tell how big a hole we in. We're in completely uncharted waters. And it is possible. We're facing economic armageddon and I don't say that lightly. The problem is that in a normal recession you see a decline but it happens over weeks. It happens over months. It could happen over a year in this. The economy literally overnight stops overnight so Monday night here in the UK. The government said we're Badio essentially pubs clubs restaurants stugotz anymore and so literally if you run a Pablo Kabul restaurant or theater or whatever. People aren't coming to you. So your gone from revenue on one hundred thousand pounds a year to revenue if nothing overnight literally overnight now you could say well you know the pup sectors particularly badly hit. They're all the sectors of the economy. That are doing well which point I say to you. Well what about the catering company supplying the pub company? That's the first thing then I say to you. What about the employees that worked for the company that can no longer pay their mortgages and have to say to their banks? We can't afford to pay mortgages. What about the childcare facilities of the employee's that they can no longer afford to pay childcare or in need to pay childcare anymore because they're not going to work that children don't need childcare? Vicky there have been many comparisons drawn with the crash of two thousand eight which I guess is the lost comparable event within living memory of a great many people. It strikes me at least. I'm very far from being an economist. There is a difference. There in the two thousand eight was essentially a rotten structure collapsing on itself. Where is this is the structure such as it was being hit by a sudden external shock? Does that mean it's an immoral? Less serious was interesting. Thing is what it does is. It affects all sectors of the economy. Which actually was the case in two thousand eight as well? So forget we think is just an issue of banks of causing walls and the banking and financial system as you rightly say which was rotten inverted. Commas when regulation hasn't been particularly goods and people actually know what was going on so that was the most worrying thing about that so the regulators went on top of it in the slightest but it did affect loads of companies it of course it affected disposable incomes so also people lost jobs across the world in some cases. They were very deep recessions. I come originally from Greeson. I can tell you that that was pretty horrific experience which they haven't quite gone out of yet places like Italy look more in other European countries. One which of course Italy being so hit now by the current virus. They haven't got back yet more than ten years own to the cabinet the GDP being where it was before the financial crisis now. It looks like we were in uncharted territory there as well. Because unlike previous shocks to the system like an oil price increase in so on you could see the impact of that would have and they wear possibilities for reacting to. It was such a globalized shock. The financial one that governments and as I used to work for the government at the time and I was going to something called the National Economic Council officials. Group were setup is sort of war room if you like on that we would just throwing money at the problem in order to get demand in particular going again in order to support companies. So it's not very different from that except that the short-term shock is likely to be much more significant because you're basically cutting both supply and demand at present and that's if like it's a double triple whammy which. I don't think any government so far is quite dealt with Louise that point. That Vikki makes that bad though. Two thousand eight was it was at least. It was understandable to an extent people. Were able to see what had happened at. Wyatt had happened. And and markets could therefore react accordingly. How much of the pessimism of markets that we have over the last week or so especially is driven by the fact that they simply don't know what they're supposed to be pricing in markets do overreact. Okay absolutely do overreact. Absolutely driven by the massive uncertainty that we face get all of that the problem with comparing it two thousand and eight is. We used a lot of our firepower up in two thousand eight so going into that financial crisis interest rates. Were at five six percent interest rates now pretty much nothing already. So there's monetary policy firepower. What fiscal firepower government spending money going into two thousand eight? I think the UK had debt to GDP. Thirty five percent. Now it's double that so that's something else to consider when you compare it to the global financial crisis left which is the reason why when central banks cut rates markets went back. We want governments to spend and we've had government spending and even so markets have been a bit like they're not impressed. We think more needs to be done so everyone looks stock market okay so everybody looks at the stock market but I would go back and suggest that actually this is going to become a credit crunch as well and in fact already is so if you look at credit markets which is where companies borrow billions. This is the big markets where companies issued its traded these sorts of you look at the credit markets. They are telling you. There's a credit crunch so absolutely there is a lot of uncertainty but financial markets. Don't move in the way that they do. These huge moves. I cannot tell you how extraordinary these moves all. Let him move like that. Unless something fundamentally is really going on in fact I would argue. It's the huge lapses in the stock market. It's the fearing contagion in the credit markets. It's a dollar surging. Say Facet Surgery. This is telling policymakers governments and central bankers GEISSWEIDT COP. You need to do something Vicky just to a final quick thought for this half of the program trying to figure out where we are now governments of course now face no end of difficult decisions which we will discuss further in the second part of the program but obviously their first priority is going to be or at least should be protecting people from the virus as best they possibly can. But how difficult is it going to be to do? Both that and maintain the economy the at some level or another going to have to pick one or the other is incredibly difficult. I think this is the crucial question. I mean thinking again about two thousand and eight. That was a credit crunch. And that was the issue so what governments were doing throwing money into the problem hoping that trade will continue to the linkages between banks will be resumed because interbank lending has stopped. Nobody was trusting a bank in another country right now. Of course we have a closure of trade as well because with closing borders closing. Airports Sir is very very significant in terms of a setback. So if you throw money at the economy yes perhaps you can keep some firms going up but actually you're killing demand very significantly and even if you give people a little bit of extra money like the. Us is about to do. Everyone is supposedly is going to receive a thousand dollars. What are you gonNA spend it on? If everything's closing down you can do various things online but supply chains have been disrupted. So we're talking about the world shutting down for a while particularly Europe coast but other bits two. There's a little bit of positive news coming in the sense that sort of China's resuming production and he's getting out of its problems or maybe just a question of time but I think for the short term what governments need to do of course the need to absolutely care about the house of the nation but it also needs to tell thumbs. Don't worry don't you? Banks will guarantee to all. Don't pay your tax and ensure you keep your employees working and will be here to support whether in the end of the day. Who's going to pay for it whether the markets will like it in the long term whether we just do it by printing money it has to be said to companies so that some of that uncertainty goes away.

Louise Cooper China Vicky UK Prime Minister Vicky Price Italy National Leaders Europe Donald Trump United States
The Latest: Russia shuts down all schools for 3 weeks

AP News Radio

00:39 sec | 5 months ago

The Latest: Russia shuts down all schools for 3 weeks

"Saudi Arabia which leads the G. twenty says it will act in any way necessary to alleviate the impact of the corona virus and footboard coordinated policies to protect people and safeguard the global economy but Hong Kong based financial analyst Louis Wong says that may not be enough to stop the market volatility governments are trying very hard to role how supportive measures to this does stabilize the economy but on the other hand the spread of the corona viruses in some countries seems to be out of control he says investors are torn between the two uncertainties I'm Julie Walker

Saudi Arabia Hong Kong Financial Analyst Louis Wong Julie Walker
Federal Reserve cuts rates to near zero in emergency action

Brian Mudd

05:14 min | 5 months ago

Federal Reserve cuts rates to near zero in emergency action

"Okay so what we talk about what happened here at the federal reserve in this emergency action last night and policy that we haven't seen in years this ultimately when you heard president trump repeatedly criticized the fatty is what he has been looking for right along the fed not only went to zero percent in interest rates which makes all of your variable rate debt cheaper right now and should help borrowing costs going forward but it also I ended up they ended up announcing Q. we are quantitative easing on English this is the program where they're going to end up buying various different government treasuries that will probably be focused in the mortgage market just like it was during the housing crisis and the Great Recession to help pull down mortgage rates so many people re fine last week we have seen mortgage rates start to rise so expect all borrowing cost to come down in the meantime and here to talk more about the implications of this Greg McBride from Bankrate dot com chief financial analyst you may call him at Bankrate Greg all right Greg so what do you make of the fed's action at this point welcome to give the interest rates at this point is largely symbolic I you know it's not gonna get somebody who's concerned about losing their job to go out and buy a car right now or buy a house but what it does do I think it sets the stage very nicely once the virus this past week at the other side of this can we get the resume play button on the economy we're gonna have a really low borrowing costs that's going to be a big boost to consumers and businesses alike that are looking to you know restart the economic engine so you know it's in the meantime yeah you'll see rates come down not sure that's something that's going to impact a lot of consumer spending in the meantime I think the more significant step that the fed did take that is impactful right away is what you mentioned the bond buying the cooperation with other central banks around the world to provide liquidity to make sure that the plumbing of financial markets continues to work if we you know we've had some some tightness in credit markets they they have to alleviate that they can't let that get worse if that happens you know that a health crisis Morse into a financial crisis and said taking very aggressive steps to make sure that that doesn't happen so let's talk about it to this particular point meet what you what you just made a lot of people are wondering okay is this going to be what would be referred to as a V. shaped type recovery versus the uShip uShip can take all take a long period of time and there's a lot of pain felt for awhile kinda like the Great Recession a V. shaped you bounce back right away like a lot of the shallow recessions we've had in this country the way I look at things if we can keep the overwhelming majority of jobs intact in this country in inside of you know a couple of months get beyond the worst of this the conditions economically would be set for this economy don't tell almost light on fire coming out the other side what are you thoughts you took the words right out of my mouth yeah I absolutely I don't know I think you know for the the nervous Nelly investors that if you'll see in the stock market hit very hard over the last month yeah the stock market is going to recover sooner and faster than the overall economy so yes it's it's tough times in the market right now but more than ever you got to maintain that long term perspective because you don't want to be sitting on the sidelines when the market does rebound from an economic perspective yeah I yelled time will tell it's you know I think some of this we will see a very V. shaped recovery but in other work with other areas we walked and the more widespread the unemployment is for example I think it's tough for it is going to make it to it to get that sharp recovery and it might drag out that trajectory a little bit but you know at this point you know that's all conjecture you know we we did but there's more we don't know that what we do now and there's really no playbook for this you know given the on president of danger the virus what we saw the open today in the market I don't know if you want to make a market call so give you some leeway since the put me on the spot to wiggle out of if you want but what what we saw it seems like a lot of fear and capitulation right now markets are near their highs of the session the S. and P. five hundred off seven point three percent right now in real time stocks are actually higher on average right now than they were at the close of trading on Thursday after the huge increase in the final hour on Friday and then the the huge selling at the open and the the distal halt what we're seeing here does this to you maybe have to feel that at least for now there's some capitulation that took place this morning so that maybe there could be some stability that begins to come into this market I think it's too early I mean I I will say this we're closer to the bottom then we are the top for sure I like you know I like to market a whole lot better at that at these levels and there's a lot of compelling value that's B. B. O. revealing itself at this point and that's that price discovery that's how we end up forming a bottom in the market wherever that may be excel again I'm a long term investor I encourage people to maintain that long term perspective now more than ever if you if you think twelve months from now you know okay what what's life going to be like it's going to be back to normal businesses are going to be operating companies will be making money you know that's the perspective you've gotta have that's the perspective that is going to keep you in the seat right now rather than pressing the eject button after the markets come down thirty percent he said the

Donald Trump President Trump
Stocks suffer worst losses since 1987 crash amid coronavirus fears

Monocle 24: The Globalist

06:06 min | 5 months ago

Stocks suffer worst losses since 1987 crash amid coronavirus fears

"Well it's time to talk business now with financial analysts. Louise Cooper Lewis. We've just been talking about the declining levels of cocaine in Suez. Here is that because people can't afford it any idea what cocaine these days. How would I ever know that? I'm an almost fifty year old woman with two children. I I the price of various packets of crisps but other things. No well traditionally. Of course arcane has been the junk of choice for the big city movers and shakers but it looks like they may not be able to afford it for much longer indeed north so yesterday we saw the biggest falls in the UK and the US and European actually but US stock markets since the crash in nineteen eighty seven. That is astonishing. They were down ten eleven percent. European markets were the same all completely spooked out by trump's supposed- reassuring speech on Wednesday night when they look to his incompetence ineptitude and so the three the thing the babies with the powerful to let you read it was. It was really cataclysmic yesterday this morning in Asia. You've got a little bit of. You've got huge huge volatility with markets swinging around all over the place and everybody's waiting to see how the US Open's if you've got a fund depends if you've got to figure final salary scheme. It's fine but if you've got any other type of pension fund you will have lost an awful lot of money in the last few weeks. Something like twenty twenty five percent of your pension fund shots savings you have in the stocks jazz market. I mean I think the way people are starting to look at is clearly. There's the corona virus. It's absolutely devastating from a human perspective. But it's pretty devastating from an economic perspective. You know it's all very well saying work from home but there are some people who can't work from home. What happens if you're a taxi driver? An all offices shot all these people are self employed as out the taxi the black cab yesterday and he said well if all the offices shot how do I get business? How if nobody's in London? He just brand new sixty grand cap. I've got a mortgage to pay off wife and kids. If I'm not working doing very little work for a month. How do I pay all these bills? You know I was again. I was another cap. And he said weady because London offices emptying out already that businesses down thirty forty percent you know and this is. The problem is the putting aside the health implications from an economic perspective people's livelihood. We are going to be slammed cleaners. So how can clean a wet from hiding? If they have to clean offices you know. How can somebody on a building site where home they can't? A lot of people are self imposed. Five million people are self employed in this country and the government did very very little for them in the budget on Wednesday and you look at the biggest economy in the world. No sick pay or not a lot of sick pay for a third of workers very little a national health service and an awful lot of people work on very flexible contracts. So you know the economic cost you know. People are slowly waking up. The economic cost of this could be devastating not salute the and in the travel industry to. That's really been hit. I mean the the travel industry is just crushing. Before our eyes low cost carrier Norwegian Air Suspending Hof of their staff Disney shutting the resort in in California potentially Florida suspending their cruises for a couple of months Princess cruises suspending operations. For a couple of months. You've got I mean I think of an airline that hasn't come out and warned on prophets and slashed flights. There's a whole load of them particularly Americans after trump's travel brand you've got the World Travel and Tourism Council saying the corona virus could cost up to fifty million tourism jobs around the economy. They reckon the travel and tourism industry could shrink at least by twenty-five percent in twenty twenty You know these people that they not be self employed. They still may lose their jobs. Well there are many articles of course saying how policy-makers now need to take very bold steps to do something but what can be done so yesterday we had the European Central Bank the ECP's already got negative interest rates. It already restarted constitutive easing. What more can it do not allow? I mean that was kind of one of the reasons. Well it was a contributory factor to the big falls yesterday. We've got Japanese Japanese government. Come out saying you know. We'll do whatever it takes. I mean the thing is really. It's only you know interest rates cutting help a little bit but really what governments need to do is spend money they need to give cash. I mean forget about tax cuts or whatever they need to give cash to the households most impacted by this and I would argue the need to give cash to the businesses that are most impacted by this because if those businesses go bust that is productive capacity. This is these bad. Business is these businesses that have been hit by global supply shock so so I would argue. That's what governments needs to the problem in Europe particularly in the EU. Is You have to get all all countries on board to do to break the fiscal rules. And go out there and spend a Lotta money and the Germans and never keen on that. Yeah and finally very quickly the Premier League's called an emergency meeting so we have now know that the head coach of Arsenal has got the corona virus. A Chelsea player has tested positive as well and clearly the teams of Arsenal and Chelsea and now being quarantined self-isolated because they would have been in touch with that so the England's Premier League is having an emergency more meeting this morning to discuss whether matches should be played behind closed doors. There are all suspended entirely given the player and a coach are now not able to play. This is following many many other sporting leagues around the world. That are saying that behind closed. Doors or actually spend suspend them entirely. Louis thank you very much indeed and do stay

Self Employed United States Cocaine London World Travel And Tourism Counc Arsenal Louise Cooper Lewis Donald Trump Chelsea Asia Princess Cruises UK European Central Bank Disney Weady Europe
Treasury likely to push back tax deadline due to coronavirus

KRLD News, Weather and Traffic

01:44 min | 5 months ago

Treasury likely to push back tax deadline due to coronavirus

"Well stocks are falling sharply on Wall Street as fears of economic fallout from the corona virus outbreak gripped the markets again and joining us now to talk more about this is our financial analyst David Johnson good morning David Hey good morning Melissa you know I just listen to your gasoline update my suggestion is don't top off the tank yeah it's going to get cheaper to borrow it that's a pretty good bat right how's it looking already bad right yeah it we we're getting here on two sides on the one hand we have still the steady stream of coronavirus news and nobody can really figure out exactly what the impact is going to be on the economy I mean you know there's gonna be some sort of impact but who is going to impact so set that aside for a second on the other hand you have the collapse in energy prices which down the road is great news it's gonna put money in your pocket because it's going to cost Leicester you know cool your houses what are probably certainly gonna cost less to drive around the country but right now it did it puts a whole lot of companies in jeopardy and probably is going to put a bunch of people out of work because that's an industry that that certainly employs a lot of people and finally we are looking for what Washington is going to do about this and what we're getting this sort of conflicting headlines a treasury secretary to been talking all morning says there's a delay on on the tax line all the tax deadline could L. R. maybe put two hundred billion dollars in the economy so that's something you're looking at you've heard about the president's suggestion that they they stop taking out the payroll tax at least through the end of the year that's a possibility but what we don't have anything concrete

Financial Analyst Melissa Leicester Washington L. R. President Trump David Johnson
Extreme market volatility is here to stay

Monocle 24: The Globalist

06:44 min | 5 months ago

Extreme market volatility is here to stay

"It's time to business now with the financial analysts Lewis Kipah. Good morning to you. Louise Good Morning. Gene Wilder volatility in the stock market. Yesterday tell us more about that. Yeah seems extraordinarily stock markets in the US. Close fool percent lower yesterday yet. Another crazy day. They were up six percent Monday. Tuesday Wednesday over Monday was a huge day. Oh she's a with a huge day down when staying with another huge out says they know the huge day down extreme volatility the likes of which we haven't seen since the great financial crisis so the question is what is this telling us what it's telling us is no one has a clue how the virus pays out we just don't know we know that the virus is spreading incredibly quickly. Just look at the number of people infected. Just look how quick pit spreading around the world but this sort of financial and economic data is taking. You know we'll take a long time to catch up having said that we all seen companies. You know warn about profits and Goldman and J. P. Morgan the two massive American banks this week And we have You know we know some sectors you know we talk about transportation and travel and Alan Industry the U. The US transport index shows. You quite how much you know airline stocks etc Phoolan. That's bound a twenty cent. We have a An airline industry expert record. This is GonNa hit the Allen Industry something like global industry something much of a hundred billion dollars office than starting to get the secondary and tertiary effects. You know we had TV the big UK booed cost yesterday saying but not suppo- unsurprisingly This thing in advertising and And in eight pool that thing advertising down ten percent so we know the Allens all flying though share prices are being hit but like I said we're starting to see the ripple effects through the economy. I'm not yesterday was a big shock to walk his shelves in it. For example percents. So you know in a way. The extreme volatility of the stock market's tells us the everybody doesn't know how important how significant is far. It's GONNA be And McConnell the governor of the Bank of England has been assessing how it will hit the UK economy. Yes and it was really interesting about this scene. The Federal Reserve in states emergency rate cut earlier this week. Also percentage point if you look at what the markets are expecting best adjusting. Federalists make next week as well for home. One percent interest rate cup in literally a week. Now you know and I and you're seeing central banks. Whoever the world solar that lead and yet bizarrely the Bank of England were you kind of like no no. We'll wait wait to see what the data says. Well to be honest. It's GonNa take quite some time for the economic data to catch up with the you know the very fast spreading corona virus. I mean to be fair. Connie is on his way out and we won't have any bank having the governor very very soon so maybe you know that's the point we see The Right Cup but it is quite strange that he's he's not following. What central bankers all around the world to doing Let's have a look at OPEC because announced a large production cut to support oil prices but But if a problem there with Russia soon so so oil is like a folksy for the global economy right okay. Oil used in so many ways. It's the all twice is sort of like a prop demand for oil is approx proxy the economy. So what if I told you I told you the lines? Cutting flights people are flying around the world. I'm surprisingly well. What planes us? Hey Ben jet failed. You know what we know about. You know people working from home and not getting mad cows or they're not driving to work that means less Petuous using 'cause all be things oil demand. Okay so you see the oil price cops twenty percent OPEC meeting yesterday and today. Down desperate to cools the oil price to go up heads. The Production Co. Quite a big production. Koch One and a half million barrels of oil a day but Russia thought ice came to go to to be on board. So you've got the internal politics of OPEC. The Saudis versus the Russians desperately trying to force a production Co. on Russia solace about it because they are profitable Russian oil businesses profitable as much oil price. And so so you in sort of in the background. Everything that's going on can economically. You've got this political squabble inside OPEC which could mean though I'm no production cuts a tool and not contain oil price guys. That for many of us may fill our cars. After the country pub dot would be a really good thing but It just shows a fan the ramifications of the corona virus geopolitically as well as economically Yup and finally though there is one hedge fund boss who is trying to keep the oil market going by putting his His employees into cars. Oh honestly I would swear I'm program but I don't want you to so I would just say who wrote some okay. So millions of people use the cheap everyday public transport. You do I do Georgina. I'm washing my hands. All these more regularly but you know. I'm still grazing with sheep. I think I'll be fine. You Know Corona virus spreads very quickly. It's not like the current events ties about three percent of people get the hardest is. Many people even have the virus with very very mild if no symptoms tool so even if you get a rotavirus it's not necessarily GONNA make you extreme meal. Everybody types of flus every so you know. I think we'll start to be using the Chew House. No one hedge fund manager. Who frankly they're the people that traveled the world all the time and the people he probably bought by Roy Device to the rest of us because what family skiing trips to northern Italy is to bring it up for the rest of us but no they can no longer that you use the youtube this toll victims because if the miniscule risk that they might get great advice and they don't want it to be brought into the office it's like it's like a little spurning the great. Tom Washed everybody else. All the other millions of ordinary Londoners. Who's the Champ Frank? What company refused to diffuse to take trab? Keep going on the cheap pretty short to do that. Without referring doubt it's written in the contract. Louise thank you very much

Opec Louise Good United States Bank Of England Russia UK Gene Wilder Lewis Kipah Federal Reserve Fund Manager Rotavirus Allen Industry
Stocks whipsaw as the Fed cuts rates to counter outbreak impact

WTOP 24 Hour News

00:52 sec | 5 months ago

Stocks whipsaw as the Fed cuts rates to counter outbreak impact

"Report the fed to the rescue stocks surge after the first emergency interest rate cut since the Great Recession half a point is just what the market needed at least to stop the big selloff CBS financial analyst Jill Slazenger says the decision to cut a benchmark interest rate by half a percentage point comes as the corona virus outbreak threatens global economic growth however Mr somewhat concerned that the fed cutting interest rates is not going to help all that much Slazenger says lower interest rates likely won't be enough to offset any sharp drop in economic activity sure it makes the cost of borrowing cheaper but the problem is that if people are worried about the spread of corona virus and are not traveling or not going out and shopping is much that that is not going to be cured by lower cost of borrowing CBS news special report I'm Vicki

Jill Slazenger MR Vicki Cbs Financial Analyst CBS
A glance at US mortgage rates: 30-year rises slips to 3.72%

KRLD News, Weather and Traffic

03:41 min | 7 months ago

A glance at US mortgage rates: 30-year rises slips to 3.72%

"As we roll into twenty twenty stocks coming off a big year mortgage rates are still low and the economic expansion continues Bankrate chief financial analyst Greg McBride is out with his financial projections for the next twelve months starting with the federal reserve not gonna see much change in interest rates in twenty twenty unlike what we saw last year where the federal reserve to throw a curve ball we came into the year expecting rates to rise and instead they cut rates three times the the fed is likely on the sidelines for the majority if not all of two thousand and twenty as long as the economy keeps chugging along so I expect the economy's going to continue to to grow albeit at a slow pace interest rates will remain at at attractive levels will see only flight optics in the back half of the year particular things like mortgages but you know home buyers are are not gonna find mortgage rates to be any kind of an impediment here in twenty twenty do you think that's something that the financial markets will find favorable one of the things that helped drive the market higher in twenty nineteen was the fact that interest rates were coming down markets love low interest rates and so the prospect that rates were coming down and going to stay low in twenty twenty were one of the driving forces behind that strong market return that we saw particularly what we started to see towards the end of the year even in the face of all the uncertainty on the trade front considering that interest rates remain steady here in the recent past is it's still a struggle for savers Greg it's still tough sledding for savers with a little bit better if you're shopping around and seeking out the best yields of the popular thing savings accounts are still a little bit above the rate of inflation which is really important because you want to preserve the buying power of that money that you worked so hard to squirrel away if and if inflation starts to pick up in the back half of the year as I expect that advantage may disappear by shopping around getting the best deal is really gonna be the difference between maintaining the buying power of your money or losing as much as two percent a year just due to rising prices for the housing market do we see mortgage rates remain about right where they are do they start to move higher what do you think is going to happen mortgage rates right now below the four percent mark three point nine percent and I don't see much change for that if the mortgage rates more or less hop scratching back and forth over the four percent mark for much of the year we may get a bit of an up tick in the back part of the year if inflation starts to pick up but even then I see mortgage rates ending the year for the quarter four point three percent something in that neighborhood so mortgage rates will not be an impediment to a well qualified borrowers is going to be plenty of refinancing opportunities the struggle for the housing market is going to continue to be that limited inventory of homes available for sale particularly in the price point of that first time home buyer when you look at the economic expansion as a whole Greg it's already gone on for so long it's it's a history maker is there a decent chance that it continues to truck along through the end of twenty twenty economic expansions don't die of old age they do tend to get killed off by things like central banks such as the federal reserve raising interest rates well the fed has said they they're sitting on the sidelines and they said a pretty high bar for what it would take even raise interest rates so the coast is clear for the economy to continue to chug along yes there's going to be uncertainty sect that come out of during the year whether it's on the trade front geopolitics whatever just the uncertainty about an upcoming presidential election but the stage is set for the economy to continue to chug along at that more or less two percent pace of growth that we've

Trump Criticizes Federal Reserve, Powell Again Over Policy

This Morning - America's First News with Gordon Deal

02:25 min | 11 months ago

Trump Criticizes Federal Reserve, Powell Again Over Policy

"President trump has renewed his criticism of the federal reserve ahead of the central bank's federal open market committee meetings today and tomorrow the president tweeted yesterday that fed chairman Jerome Powell and his colleagues quote don't have a clue. Mr trump indicated he wants to see a big drop in interest rates meanwhile at the conclusion of tomorrow's meeting the fed is expected to cut interest rates a quarter of a percentage point what's that mean for the little guys we're joined now by Greg McBride chief financial analyst at Bankrate dot com Greg set this up well the federal reserve cut interest rates back in July at the end of July was a first rate that they may have since the financial crisis they had raised rates nine times from twenty fifteen through the end of last year. I mean is improving but given all the uncertainty particular around the trade in the slower pace of economic growth per se in this year they started to unwind a little bit of that that what they call a mid cycle adjustment in other words just given the economy a little bit to choose as preventative medicine against the broader economic downturn right so it's to a certain extent this means that we're running out of levers to pull if there's a serious downturn now depend only have says so much they can do with interest rates and every time they cut interest rates now at least somewhat less to work with later when the economy is in serious danger of a recession they are counter argument to that is now the prevention for the pound key or that you know maybe a couple of rate cuts now early on prevents having to take more drastic action later it's enough to grease the skids to keep the economy moving yeah this is one of those things that will and is only really going to be answered in hindsight but even among the fed that these rate cuts are not unanimous said to the July rate cut actually had two dissenters within the fed so it you delete kanamycin pretty solid shape there are some signs of concern particular contraction in manufacturing but hardly a slam dunk that needs to be cutting rates it at this point as opposed to saving it for later what's this mean for us average Joes with regards to our finances Greg well interest rates have really gone up over the last few years and so the biggest impact here is that we've seen a sharp drop in mortgage rates since the latter part of twenty eighteen a great opportunity for those that have been looking to buy a home it may be helpful to Bella the was see I will have a

FED Mr Trump Greg Mcbride President Trump Bankrate Chief Financial Analyst Jerome Powell Chairman Kanamycin Bella
"financial analyst" Discussed on News Radio 810 WGY

News Radio 810 WGY

01:35 min | 1 year ago

"financial analyst" Discussed on News Radio 810 WGY

"A minute our financial analyst will gas prices keep dropping money news so let's at the bluebird Patricia cowrite crease Hey good morning we have futures in the plus column this morning just after another day of wide swings for the blue chips the index trading in the three hundred thirty two point range blue chip settled with the loss of one hundred twenty points five tenths of a percent the nasdaq and the S. and P. were also a little lower each down about three tenths percent earnings this morning from Tiffany and the home of Jack Daniels brown Forman now the Sackler family and their embattled drug maker Purdue pharma are backing a proposal to resolve all opioid lawsuits against them Bloomberg has learned that under eleven and a half billion dollar deal per do would file for bankruptcy hand itself over to a trust controlled by the states cities and counties that have suited it would sell its overseas drug maker in addition the Sackler's will dig into their own pockets for at least three billion dollars in cash this would be the largest settlement to date in the litigation over the addictive pain killers the opioids produ of course is the maker of oxycontin and pellets in interactive his file for an initial public offering could be among the biggest this year the home exercise started describes itself as the largest interactive fitness platform in the world more than one point four million members it says it sells exercise bikes and and treadmills they've got those TV screens on the mean on their connected to the internet or they can show their own workout programs so those bikes started two thousand dollars yes the subscription that is thirty nine Bucks a month on top of that you get yeah you got to get the bike first feature this morning a little higher S. and P. up four points nasdaq up six from the Bloomberg news room I Petry Sikora on eight ten and one of three one W..

financial analyst Tiffany Forman Purdue pharma Bloomberg Petry Sikora Patricia cowrite Jack Daniels three billion dollars two thousand dollars billion dollar three one W
Dow industrials finish up 100 points as Walmart gains

Newsradio 950 WWJ 24 Hour News

00:51 sec | 1 year ago

Dow industrials finish up 100 points as Walmart gains

"It was an up and down day for stocks the Dow Jones industrials up by as much as a hundred sixty points down by as many as one thirty nine finishing up one hundred points for the day on the plus side Walmart posted solid quarterly earnings gaining six percent and July retail sales rose seven tenths of a percent the most in four months on a surgeon online purchases all of that offering some comfort for the economic growth picture amid those increasing recession fears there were some negatives General Electric plunging eleven percent after Harry Markopoulos a prominent financial analyst accused the company of an accounting fraud G. E. C. O. Larry called denied those claims calling them market manipulation pure and simple rite aid was down for a fifth straight session during which it has lost thirty percent for the day the Dow up a hundred points twenty five thousand five seventy nine the clothes S. and P. five hundred up a quarter percent the nasdaq down a tenth of a

Walmart Harry Markopoulos Financial Analyst G. E. C. O. Larry Market Manipulation Fraud Eleven Percent Thirty Percent Four Months Six Percent
S&P 500, Dow gain as upbeat retail sales offset recession fears

Bloomberg Businessweek

00:41 sec | 1 year ago

S&P 500, Dow gain as upbeat retail sales offset recession fears

"With the US China trade war and growing recession worries in the backdrop it was an up and down day for stocks with the Dow Jones industrials up as much as a hundred sixty points and down as much as a hundred thirty nine on the plus side Walmart posted solid quarterly earnings gaining six percent and July retail sales rose seven tenths of a percent the most in four months on a surgeon online purchases offering some comfort for the economic growth picture amid increasing concerns there were also some negatives General Electric plunging eleven percent after Harry Markopoulos a prominent financial analyst working with the short seller accuse the company of an accounting fraud G. E. CEO Larry called denied the claims calling them market manipulation pure and

United States Walmart Harry Markopoulos Financial Analyst Fraud Market Manipulation China G. E. Ceo Larry Eleven Percent Four Months Six Percent
China moves to limit yuan plunge after 'manipulator' designation

Monocle 24: The Globalist

01:43 min | 1 year ago

China moves to limit yuan plunge after 'manipulator' designation

"Time to talk business now with the financial analyst louisa kupa louise thanks for joining us some calmer economic waters this morning running on its old thanks to some rather better news coming out of china. I must say i wasn't expecting that. Don't get carried away ben. It's slightly better than you so if we take thank you by to monday. The markets stock markets went into meltdown because the chinese people's bank of china set the currency the chinese currency the one down below seven depreciating the comedy. That's what kicked off president trump to call a china to name china sea manipulator and another esscalation in the trade war. What the people's bank of china's done today and later this week is slightly revised that value of the han slightly higher above seven seven quite important level so slightly try to calm the waters of the of the devaluation the weakening of the hawan that annoys president trump so it's sort of a message and that's what i'm a message from beijing that you know we're we're not gonna. We're not going to collapse the currency so so that's slightly better we've also had some slightly better chinese export export numbers now of course with the show with a trade war going on one would think the chinese exports would be fooling but they actually unexpectedly grew dunk get carried away it. It was only growth of three percent from the year before and while the worryingly imports were down six percent and that shows you that chinese consumer demand dimond is really very weak or pretty weak and that tells you something about the internal chinese economy but you know it's just slightly baton news from china this morning but don't go getting carried away

China Bank Of China Louisa Kupa President Trump Financial Analyst Dimond Beijing Three Percent Six Percent
"financial analyst" Discussed on FT News

FT News

03:35 min | 1 year ago

"financial analyst" Discussed on FT News

"Can they just read the research note for themselves? So what we're seeing everyone still involved in this introduce really try and differentiate themselves give investors reason to continue paying were often quite exorbitant fees for the research of their analysts produce is there a sense that investors actually fail. They've got better value for money out of this. We put all these things in place, but we've talked about how you know. It's good if you'll receive star I sent manager and how it's bad if you the mid tier analyst, but have these. Rules, achieved the underlying objective in terms of actually delivering value for money for investors. Will I mean transparency is what I attempted to bring? How's it done that nor in the way that it was absolutely intended to because asset manager absorbing the cost of the research themselves? They're not passing on the the not passing on the cost to clients by saying, well, this trading idea that may this load of money responsible from this person at this Bank. So we feel we should pay them this much kind of just deciding on their own, and we have quite a few people in the story complaining about the quality of research, for example, if you're a Bank out there trying to market an IPO to potential investors. It will be I would say all if your analyst wrote an incredibly Hauch report about that company, which is always led to accusations of bias leaving things out. So basically what I think this will do is if force to be more selective about. What research she pay for you will really focus in and try and do some client of quantitive number based analysis on whether you've actually got value for money with that interaction. And I think in the first year, this is very much a test period, people were still coming up with computer systems, putting things into spreadsheets on both sides of the equation, both people selling the research and the people buying it. Now, a lotta them going through new year price renegotiations now they're looking at everything they paid over two thousand eighteen working out. Whether that's a stain -able, whether they can spend less spend more what they're actually valued. Was it one on one phone calls with an analyst was going to a special conference on the topic about your medical research? Whatever it was that there. People found particularly useful. And then came up with good trading, ideas, generated love client business of the back of it. That's what we'll stay. And unfortunately for years, there has been lots of very book standard analysis. You're you have. Sixty analysts. I think covering apple com. Sixty original ideas on on one thing that happens to that company. So if that number fools down to thirty or twenty people with savings pension, savings at an asset manager end up paying less and fees than yeah. That will probably be a good thing down the line time. We'll tell into. That was pay lane. Talking to save Morris. We'll be back with another niece feature tomorrow. In the meantime, if you're not ready subscriber, we'd like to discover more F Tetons hand. Do you? Take a look at our latest subscription at f-, gene dot com such. This financial times podcast is supported by capital. One capital. One is building a better Bank one that feels an axe nothing like a typical Bank.

analyst F Tetons apple Morris
"financial analyst" Discussed on FT News

FT News

03:23 min | 1 year ago

"financial analyst" Discussed on FT News

"Well, what was starting to see is a bit of consolidation. Among mid tier brokers, for example, autonomous emerging with a 'alliance Bernstein over in the US. And we're starting to see some pressure on the small research teams that sort of mid tier banks Royal Bank of Canada Jeffries. They're working out. What can they offer compared to J P Morgan that could justify paying their analysts, you know, sometimes hundreds of thousands of dollars pounds a year. So this is the year when all the people we spoke to for the story said that we're going to really see this shakeout start. If you're on the big side of the spectrum as like J P Morgan. Barclays Bank of America. You're probably going to be okay. And a lot of them are actually expanding that research arms. But if you work for somebody more in the mid tier, I be slightly more nervous going into two thousand nineteen. Okay. So I set my ges paying less bringing analysis in house that doesn't sound good food. The bulk of the analysts even if there are likely to be some winners who the beneficiaries you mentioned the big banks anyone else if you're a superstar analyst, I'm people willing to pay for your research willing to pay for phone calls with you that willing to pay for face to face meetings than the world's kind of always to this year. You can come on whatever you want. You can set up your own boutique and charge individually just for your own advice. You can move to a hedge funds again commanding a high salary and move freedom. So I would say the wind is the people that are actually really good that jobs, which I guess is a good thing. But that will be more losers. I mean, some people we spoke to for the article said that you're going to see a homogenization of research because they were just going to be few voices involved in asset managers of paying less which generally means there are going to be fewer analysts around and also it's going to be a lot harder for people to leave the industries. We're hearing about a bit of a roadblock with the older analysts not really having the same job. Opportunities. So they can't move on or retire. And the young ones kind of getting stuck behind them waiting to move up through the ranks and run their own departments and teams. So a lot of happened this year. I mean, a lot of it below the surface of normal society. But it certainly has shaken up the financial industry a lot. And it's led to a few quirky things coming out that we've seen it. I tell you about a few of those. Yeah. Great to him. So a lot of these analysts are under pressure to start generating revenue income they haven't had to do this before because they're researchers will free, and it's led to a host of somewhat desperate tactics in order to try and having gauge -ment with clients. So for example, instead of actually having a telephone call with an asset manager one investor I spoke to complain that people were leaving him voicemails with trading ideas, or or interesting topics and then sending them a Bill for it. And so we didn't think that sort of thing can continue can I mean unexpected unwanted services being provided to bowl Cup, you'll meet your target. So no this was received very poorly. The who instructed the analyst and never do it again. And I'm sure you're she got in trouble with that boss. But yeah, I mean, you all seeing people be a lot more selective. And it's gonna take a while for people to work out this new system, for example, you can't attend a conference for free anymore. You have to pay for a conference. So it's really causing people who are looking at the budgets at these investors. Like, do we really need to send that person to a conference in Thailand? Or do we really need somebody at the three day conference in this one aqui hotel in London?.

analyst J P Morgan Royal Bank of Canada Jeffries Barclays Bank of America US Bernstein London Thailand three day
"financial analyst" Discussed on KGO 810

KGO 810

09:12 min | 1 year ago

"financial analyst" Discussed on KGO 810

"McBride chief financial analyst bankratEcom, let's start with trade. I'm watching this trade tension headlines, right China versus US US versus Mexico and Canada US versus China US versus EU even when is that going to hit the markets because I'm not seeing a lot of ripples through Wall Street yet. You're right. We haven't. And I think a lot of that is due to a couple of things one. I think there's still maybe some belief in the long game here that all this, you know, short-term trade spats and disputes and tariffs. In the end results in better trade deals that are more favorable to the US in the long run. I think the other side of this is that a lot of these countries that were engaging in trade disputes with they've got more to lose in this that we do is in the US does. And I think that's why you're you're seeing that kind of reaction from the US market because that same trend does not hold when you look at international markets. You look at the Chinese market, for example. It's down pretty sharply. Well, they've got a lot more to lose in this because they are much more export-dependent. So. Yeah. I think that's it. No that's not to be completely excuse. I mean, there's a whistling past the graveyard component here in that. You know, if things go from bad to worse than we do start to see this really having a, you know, becoming a significant headwind to the global economy, and you know, all that would affect the US economy, then the markets are gonna react much much differently. But for now, I think there's still a lot of faith in play the long game. Right. I'm looking at the vix right now, it's completely unchanged and the s&p is pushing towards a new all-time record high. So you're totally right. I think are you saying it's more short term pain long-term gain. I think that's the way that the market traders and investors are looking at it at this point now again that can change and if that outlook changes it can change quickly, and you know, what the direction in the markets. I think that for me the trade tensions. I think you're right. We are impervious to right now until it starts hitting bottom lines in corporate earnings, and that might not happen until Q four. Yeah, I agree. Because a lot of these terrorists have been talked about. But they haven't actually been implemented yet. Then there's also the inflationary component here too. In the sense, that least tariffs start showing up and having an impact on business costs consumer costs and really start hitting the consumer and the wallet. That's where the economic impact comes from because inflation has already been moving up, and it's already devouring most if not all of the wage gains at households are seeing you layer in another boost to inflation from tariffs. It's just gonna further squeeze consumer buying power our economy seventy percent dependent on consumer spending. So I think there in lies the risk. And I think you're right. I think as we get closer to the end of the year. That's where we're going to have to be focusing to see if there's an impact Greg you mentioned the word there. So let's land on inflation for second. It's gobbling up or counteracting any kind of wage gains. We've kind of seen which has been okay because that's zero almost I guess my question would have to be if inflation is doing this. And it's canceling outweighed gains and the fed still wants to normalize. And the trade is coming. I mean, it gets kind of complex when you put all this together. When you throw the fed into the mix, doesn't it? I think it dies again, not overnight. But I think that when the fed is raising interest rates Lino, let's boil that down. They're raising the cost of money money is becoming more expensive. And so, you know, the squeeze on consumer buying power. It makes it difficult to sustain this pace of economic growth. That were currently seeing I think that's why. Why you do seal, you know, a lot of skepticism as to how long the economy can continue to perform as well as it is performing right now. And you know, the economy does move in cycles, and that in the past economic expansion old expression they economic expansion die of old age. But they do get killed off by central banks. The risk of you know, the Federal Reserve continuing to raise interest rates does pose some risk to the economic expansion. Eventually the whole trade disputes saying, anecdotally speaking, of course, Elon Musk has said he wants to take his company. Private a lot of headlines today are calling that a tesla top with the expansion in the market comparing it to nineteen Eighty-eight with RJR Nabisco going private too. So I just want to throw that in. There is an antidote. It's of day of news. I know we're trying to look ahead a little bit. But you mentioned the expansion we've been in expansion for a long time. Now, it's getting a little long in the tooth. What do you see on that end? And economy's doing very well. And and like, I said, you know, the economic expansions don't necessarily die of old age, but you have to look at the what the risk. Actors are the risk factors at this point. Are you know, the cost of money is going up deficits are going up that puts a further upward influence on interest rates sooner or later, there are some some risks out there, and again, the consumer's buying power is not growing unemployment slow. More people are working people are finally making more money problem is inflation starting to pick up right around the same time. And so you're not really seeing expansion of buying power. And you know, consumers are starting to get a little over leveraged again. You know, you see people are not afraid to borrow in an environment where the economy is doing. Well, like, you know, this is the time to make hay while the sunshine. This is the time to be paying down debt. Particularly variable rate debts boost your savings that way, you're better position to weather an economic storm whenever that may come and look Jason it may be a couple of years away. But again, now's the time to be preparing for the time. When things aren't as good as they are today. Greg I don't like to draw politics into it. But it seems to be like every administration. No matter what side every administration's main job is to protect the country and run the economy. And when you have tax cuts, and you already have a growth expansion, we've talked about you have tax cuts, which are tailwind when it comes to the economy is seems to me that the economic policies a bit bifurcated when you add in the trade tensions at the same time. They could cancel each other out which might be good or bad, depending on the inflation aspect of it. You can see where I'm going with this. These dominoes keep falling. What can we expect for the rest of this year? You layer ended where the economy is with inflation has moved up to the feds target and economy's humming along. I mean, you know, four percent growth four point one percent growth in the in the second quarter unemployment continues to come down. There are more open jobs than there are unemployed people right now economy's humming on all that adds up to the feds gonna continue to be active. They are going to continue to raise interest rates, but they're going to try to maintain this gradual pace as much as they can because they know history. They don't want it to be the fed that steers the economy into a ditch inflation's kind of the wildcard there. Inflation could force the hand of the fed and to be more aggressive with interest rates raising. Rates faster in an effort to tamp down inflation. If we get to that point. Fortunately, we're not there yet, and we may not get there. But that is certainly a risk factor as it evolves. The sad going forward we're coming out of a really hot and positive eighty percent corporate earnings were above expectations. This last report are we gonna see that follow through in the next quarter or we can start seeing some blowback from the trade stuff. Well, I think you know, there's gonna be more trade impact starting to creep in. But I think the other thing is, you know, a lot of these results that have been so very very strong a lot of that has been aided by the corporate tax rate cut. There's a short term boost from that. You know, you're gonna you know, you'll lose your year-over-year cops at the end of the year on that. So that can be short-lived at investors. They've gotta got the show me the money attitude. Right. They want to see where the growth is going to be and they wanna see sustainable growth. Right. You gotta kind of strip out those one time effects and just kind of look and see as you know, is there some consistency and the growth patterns, you look at companies like Facebook or Twitter where they come out. And they say, yeah, the girls isn't going to be what we thought it was gonna be am boom. Their stock drops twenty. Percent the next day. So, you know, you're getting markets near record high interest rates are on the way up. Investors are being a little bit more discerning about the gross. And we know where that's gonna come from in the future. So I would expect some more choppiness in markets as we get to the back half of the year. If you do start to see some earnings disappointments or not even earnings this point just revenue disappointment. Yeah. Because that would disappoint on the top line. This quarter could be the bottom line disappointment next quarter. It's a very good point. And to your point about Facebook too. I think if you're priced for perfection seems like late stage capitalism in a macro kind of way when your price for perfection every quarter as you go forward. That's not sustainable. That's not. That's not how nature works. I think that was very well side y'all late stage, and you're right. When your price for perfection, there's no room for misstep regular bright. Always a pleasure. Thanks for your time. All my pleasure. Jason thanks for having me. That was Greg McBride. He's a senior economic analyst at bankrate dot com. Economically speaking, according to the balanced dot com. The GDP growth rate is expected to remain between the two percent and three percent ideal range unemployment is forecast to continue at its natural rate. And there is not much inflation or deflation that's referred to as a Goldilocks economy. Resident Trump promised to increase economic growth to four percent. And that's faster than is healthy. However, according to the balance if things heat up too fast than inflation kicks in. And as you heard Greg say inflation has been at pace with wages. If inflation picks up it's pace though. I doubt employers are going to match it with concurrent salaries and raises remember though that the inflation rate strips out, the volatile pricing that comes from food and gasoline anything geopolitical could spike oil costs, and anything environmental could spike the cost of food.

Greg McBride US Federal Reserve Facebook Jason chief financial analyst Elon Musk tesla RJR Nabisco China bankrate Mexico analyst Trump Canada
"financial analyst" Discussed on WCBM 680 AM

WCBM 680 AM

01:43 min | 2 years ago

"financial analyst" Discussed on WCBM 680 AM

"That they'll be there when you need them, and that's an important part of this equation. Okay. So this is an article from CNN money. It's written by. Financial guy named William Bernstein. This guy is really really smart. He's actually a. A medical doctor turned financial analyst. He's smart. He was a neurologist and now he's a money manager. So the article the title of the article is the worst retirement investing mistake me skip down a little bit. Because he talks about his philosophy about protection. And and he's a he's a money manager. So it's not like he doesn't believe in the stock market. That's not the case at all. It's just this is what has to do. It has to do with retirement says a lot of people had won the game before the crisis happened. They had pretty much saved enough for retirement, and they were continuing to take risk by investing in equities afterward, many of them sold at or near the bottom never bought back in. It's very important never bought back in and those people were irretrievably harmed. I began to understand this point ten to fifteen years ago. But now I'm convinced when you've won the game why keep playing it. And that's a critical component here. Why keep playing when you've won? So what I tell my clients is like, okay, you have saved x let's take a piece of that. And set it aside where it's safe. So I'm just going to pick a number. Let's say it's one hundred thousand dollars in your IRA. Why not take ten or twenty or thirty thousand dollars out of that? And put it where it is safe and still growing handsomely.

financial analyst William Bernstein CNN one hundred thousand dollars thirty thousand dollars fifteen years
"financial analyst" Discussed on KOMO

KOMO

04:35 min | 2 years ago

"financial analyst" Discussed on KOMO

"Komo news time to set it on cruise control. This is our auto expert. Here's Nick miles. I don't tell them woman is back on the phone with us. He's financial analyst and independent investor. So lecturing these numbers now they've anthem. They have been in favor. They have kind of been the supporters of tesla. Yeah. They leaks numbers that may show that they may not make their third quarter numbers. Is that correct? So what they said was that at the end of the second month there the thirty first of August. The company has produced thirty four thousand seven hundred units. So the model three depending on where the third month of the quarter goes that would put them up socks on target maybe to hit the lower end of its model three production guidance for the third quarter, which is fifty thousand even instead said fifty to fifty five thousand now production is one thing. But sale says another just because you're produce in this case say fifty thousand vehicles doesn't mean that you will actually deliver. Over fifty thousand units you've seen by virtue of walking around to there is tesla. Service and delivery centers that there are many modern three units that are sitting there for in many cases, well over two or even three months without being actually sold. They're sitting there literally collecting dust, and maybe they have some issues associated with them awaiting repair. God knows it could be anything. So we wasn't there. That was five hundred thousand people and that one of these Cosmo we I saw the sales then go on sale for reservations. So where are they tesla? True. You're right. But keep in mind that some of them were from outside North America. So sales has yet to begun to say Europe and Asia and Furthermore, many of those reservations, many of those deposits may have been for people who were waiting for the lower priced version of the vehicle the one that was supposed to cost thirty five thousand dollars to cheapest one can buy right now is fifty thousand dollars. It's forty nine thousand dollars, plus a thousand dollars mandatory delivery charge. So. The fact that the companies essentially filling up all of the orders that they have been able to put together so far. Is not the final word on demand. But the company has also said that dust far anyway, it cannot produce this thirty five or thirty six thousand dollar version at a profitable, you know, in a profitable situation. So basically, they they just can't afford to it produced version right now puts the company in a little bit of a bind. Now, apparently, Wall Street Journal saying that Volkswagen considering investing in tesla. Yeah. So as part of trying to explain away what went wrong in these going private talks something was leaked out to the effect that Volkswagen had expressed some interest in being part of a group that would help fun to tesla transaction that would take a private Volkswagen never confirmed. This could have had a situation where Tesla's advisors picked up the phone called management evolves. Fog and said, hey, guys, are you interested in taking a look if we are to start a due diligence process to maybe consider a transaction and somebody from Volkswagen might have said sure, we'll take a look Anton woman is here on the phone with us. We are talking about tesla. You're a big fan. Well, I mean, I've never been on one pet. I think I would buy one would. Yeah. Antonio with us. I think we'd probably end up losing. Bottom. Absolutely love them. And. You would shell out. The fifty something thousands. That's the problem. Now, if I'm going to buy a sixty thousand dollar car, I'm gonna want to buy something above Jack. You're bob. Bob. Although I think I'm partial to the British brands, and then might not know why there's probably a reason for that. I mean, I do own some British cars already, but personal tow truck. Maybe it's because I'm from Texas. You like those big f one fifty nine. It's funny because in the first.

tesla Volkswagen financial analyst Komo Nick miles Bob Wall Street Journal Texas North America Europe Antonio Jack Anton Asia thirty five thousand dollars forty nine thousand dollars thirty six thousand dollar fifty thousand dollars sixty thousand dollar thousand dollars
"financial analyst" Discussed on Venture Stories

Venture Stories

04:06 min | 2 years ago

"financial analyst" Discussed on Venture Stories

"L. stands for anti money laundering. Dare essentially. No, if you're a registered kind of exchange, you'd have to provide this information to governments to remain compliant. And so these users would have to purchase these tokens from exchanges, kind of get them to Posner, wallet, and once they have these tokens, sorry, they would have to actually withdrawal these tokens into their personal wallet to actually kind of have self custody of these tokens. So that's a number of steps that you have to take to purchase each token. So we thought, okay, like would it'll be a lot easier for an end user if they can just go to some sort of venue, whether it is centralized in exchange or essential as exchange, purchased one token and get exposure to a basket of other tokens. So that was kind of initial use case of set. But there are a number of other use cases much broader than just for investment products like index fund or ETF. How do you see sort of like how do your projects inter-sector sort of when you think about the open finance system? How do you see Dharma set playing a role in into and sort of broader applications are excited about. And what set is building is is like super lucid in that, like, you know set is creating this this mechanism for for bundling different tokens up. And if you look at the way the financial system operates, massive amounts of value are bundled up like every single day on Wall Street, and very often those bundles are composed of loans, and you know, quite notoriously in the run up to the financial crisis. You know these, these, these bundles of loans that became known as a CD. Ios became super toxic, and the whole system itself was extremely over leveraged. It was a really kind of a risky state and it wasn't. It wasn't extremely easy for the average lay person or even like a fairly sophisticated Wall Street Quant to be able to tell it that was the case because there were kind of several levels of opaqueness that shielded a financial. Analysts, say from the underlying assets of multibillion dollar CDO and lo and behold with that led to was the the worst recession. And we've seen since the great depression. And so the reason why I'm really excited about projects like set and how they could interact with Dharma's that like it's not. It's not that bundling together deaths inherently in and of themselves as like a bad thing to do. It's actually a really clever financial construct that allows you to kind of manipulate the risk profile of an asset, and it brings a lot more liquidity into the system at cetera. I would argue the lot of the problems that you saw in the ramp to the financial crisis, how a lot more to do with transparency and the fact that it was just so damn hard to understand what was going on in these SO teric instruments. Now, the beauty of using something like set to bundle up Dharma debt agreements essentially, is that a just from a transactional perspective, you're just saving so much money that gets basically like thrown into the hands of lawyers in the financial system. And that goes into just like. Administering these things, right? It's like somebody's got to sit there and make sure that like when the repayments are made on all these underlying mortgages that they then like flow to extra shoulder and that then why Tron shoulder gets paid at the next seniority, waterfall, etcetera. All that stuff is like managed by humans, and it's often mismanaged by humans, which leads to like massive amounts of lawsuits and litigation and just like general kerfuffle. And so it's really exciting is when you have something like set, is that like all of this stuff happens automatically. All this stuff gets administered by smart contracts, so so just alone on that, like you, you just save tremendous amounts of capital and really just like tremendous amounts of like human misery from administering these things. But more importantly, I think is the transparency aspect of it. It's that you know, unlike the kind of Paik several hundred page legal perspectives that that define the CD does that lead up to the two thousand. Eight crash. A token set essentially is it's just a smart contract, right? Like anybody can write like us..

Dharma Posner Paik
"financial analyst" Discussed on The Ken Coleman Show

The Ken Coleman Show

02:01 min | 2 years ago

"financial analyst" Discussed on The Ken Coleman Show

"To these people and you have already told them who you're working with parttime already told him hey eighteen months from now i'm going to be fully qualified and i'd love to up the ante ear with you all are you down with that do you see that and if they say yes crate if they don't you stay where you're at with both jobs and you start to identify other places in the atlanta area and there's all kinds of him i lived atlanta for eleven years great job market and you find other continues to step right into this behavior health you've got great experience in this part time role and now you have all the qualifications and we know you have the heart and we know you have the talent so that's it my man so that you're looking at whatever the answer to how long it's gonna take much gonna cost is going to give you a real time line and then it's just pursuing it and not stopping no matter what comes your way you keep pursuing it and you're gonna make a beautiful step into the field that you know you were created to be in next up in mesa arizona connor you're on the ken coleman show thanks for taking my call happy to connor what can i do to help today so my current situation is i'm working for a large tech company is a financial analyst and i've got a couple ideas about where wanna move to i really i'm really just not strolled with what i'm doing and i'm looking for a change so i guess i of just want to see what you think okay hit me with the scenarios that your consider during i'm so i'm really interested in trying to just being more of a client facing daytoday situation and just trying to help people and i have a finance background i have a finance education and so i'm looking into going into financial services and there's a few options here in town with some some companies that you know the big or investment management companies that offer like an entry level path to get in and get.

parttime atlanta financial analyst arizona ken coleman connor eighteen months eleven years
"financial analyst" Discussed on 100 PM

100 PM

01:39 min | 2 years ago

"financial analyst" Discussed on 100 PM

"So yeah you kinda hit the nail on the head i have a i guess going all the way back to college i graduated at school with a degree in entrepreneurship and finance so i always wanted to do my own thing obviously went to school for it at the same time got a degree in finance thought that was pretty interesting interviewed for a few jobs and realized i had no desire to do that for a living wearing a suit during that whole thing just sounded terrible what would it career in finance typically spit allowed at on the other end that's good question there are a lot of past the take but something like private equity or financial analyst roles something like that i don't know long term because i didn't explored enough i knew that all the entry level positions would not have been nearly as interesting as i would've liked to do and i think i i went into it with all the wrong reasons okay and i knew just going back to buy even went to school for entrepreneurship i wanted to build things and that's that's really what was driving me so i know i knew a role in finance wouldn't provide me with any sort of any sort of ownership while inability to build anything do you remember the first thing you ever built like even if it goes back to childhood if like this is the moment i've created that's good question i mean i did all the lego sort of things like that the first thing that comes to mind though is my first website i built because it kind of ties pretty close to this and i think it was in seventh or eighth grade and built it off of like whatever software came on the computer and i got it on the internet and i was like this is same like this this is early days of web.

financial analyst
"financial analyst" Discussed on 100 PM

100 PM

02:02 min | 2 years ago

"financial analyst" Discussed on 100 PM

"Yeah you can hit the nail on the had i have uh i guess going all the way back to college i graduated school with a degree in entrepreneurship and finance uh so i always wanted to do my own thing obviously went to school for it and at the same time get a degree and finance thought that was pretty interesting interviewed for a few jobs and realized i had no desire to do that for a living i wearing a suit juninho thing just sounded terrible what would it career in finance typically speed allowed at on the other end let's good question there are a lot of past the take bought something like private equity uh or a financial analyst role something like that i don't know longterm that in explored enough i knew that all the entry level positions would not have been nearly as interesting as i would have liked to do and i think i i w i went into it with all the wrong reasons okay and i knew just going back to why they went to score over entrepreneurship i wanted to build things and that's that's really what was driving me so i know i knew a ruin finance wouldn't provide me with any sort of any sort of ownership inability to build anything do you remember the first thing you ever built late even if it goes back to the childhood if like this is the moment i've created oh that's a good question uh i mean i did although play go sort of things like that i'll the first thing that comes to mind though is my first website and build because they kind of ties pretty close to this thing i was in seventh or eighth grade and built it off of like whatever software came on the computer and i got it on the internet and i was like this is an same guy i this is this early days of led the out very early days and then um just kind of yeah always always have been putting in playing when things and yeah that but that was the one that six six online is like the first thing that click does like this is cool all right say you're heading down the finance path and then you have the glimpse of your future in your future is wearing an uncomfortable and you're like forget it happens them i decided.

financial analyst
"financial analyst" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

02:20 min | 2 years ago

"financial analyst" Discussed on KVNT Valley News Talk

"Know you've been in real estate industry for a long time and maybe i don't know maybe what i'm thinking what markets without a line and maybe i can get your dad and put that you know what what are you getting what are you using to establish the market value of some one during which hutu um so all who compare to uh other financial analysts in the commercial real estate realm and then i'm also looking uh what is that well numbers coming in uh they're coming out on round for people who come out of there like for instance the co uh abu right next to the kelly school and they have salary statistics for people who go straight into real estate and financial analyst and those numbers are coming out as like a sixty two pace than than like a usually it's around seven eight thousand in bonus mmm uh i'm we don't want more than that because it's it that's gonna be that's going to vary radically uh based on uh you you where you live and where you're gonna be doing this in other words a some a financial analysts for a full on wheat sitting in manhattan is a completely different price range than a financial analyst sitting in indiana if olivera and dallas that would be different and you know la would be different and so on and so this is the type of a position that is going to have a wide range based on you know where you're doing it and who you're doing it four and the reason is what's their return on investment i mean at you know what numbers are you crunching in then therefore what do you make them because you're adding value to the organisation anti um you know uh portfolio size enters into that uh as an example and honor so uh uh uh and how sophisticated they want to be with their analysis enters into that in other words if this is a family help portfolio and if it's under a good million dollars they may not meet a supersophisticated financial analyst right at something that i've feared in the longrun since uh.

real estate industry kelly school real estate financial analyst manhattan indiana dallas return on investment million dollars
"financial analyst" Discussed on WGN Radio

WGN Radio

01:35 min | 2 years ago

"financial analyst" Discussed on WGN Radio

"Jerome powell be different from janet yellen do you think well i need is a lot of continuity there i mean yeah joan growing powell has served under janet yellen on the fed supplement interest rate perspective i think you know there's a lot of continuity between the two of them i think the thing to watch is that there's gonna be a lot of faces change on the fed over the course of the next year uh you've got the vicechair seat is also open there are some fed board governor seats that are open and then of course at the beginning of the calendar year is when they rotate which regional federal reserve banks get a voting seat at the table so the makeup of that federal open market committee and it's a committee that decides interest rates that committee's going to look a lot different twelve months from now than it does today and so i think that is so of the biggest potential for change much more so than who's sitting in the picture greg always talking talking with you when we appreciate you of being with us this morning on the opening bell thanks so much did happy holiday saint greg mcbride sees financial analyst at bankratecom you can follow him on twitter at bank rate greg and also followed bank rate is well at bank right it's twenty seven this morning here on the opening bell the quantities over the newsroom his the news coming up all materially vicar morning a good good good morning steve the couple of elements that north korea this morning the us is now ready for direct talks with it while at the same time officials say the seeing signs it may be making ready for another weapons test our report next this is the opening bell on seven twenty wgn now this know minute sponsored by illinois tax stewart school of business high this is jim dalki with today's in a minute on wgn radio a rundown of all this.

bank rate wgn stewart school of business illinois north korea steve fed jim dalki us Jerome powell twitter bankratecom financial analyst greg mcbride interest rates joan janet yellen twelve months
"financial analyst" Discussed on The Meb Faber Show

The Meb Faber Show

02:02 min | 2 years ago

"financial analyst" Discussed on The Meb Faber Show

"To avoid taking a test was actually going through the third level of the cemt designation which is the market technicians association the chartered market technician which is kind of the technical analyst version of the cfa and back then they announced doing away of the white paper requirement so at by the end of the year so i turned in an abstract unlike december 30th snuck it in and then had to go right a paper which eventually became this paper big hat tip to one of my favorite people on the planet robber not who is then the journal of finance i believe editor a financial analyst journal he actually read it gave me some fantastic constructive criticism harsh but fair the probably dozen or to has no people i a to most either didn't read it or sent me some pretty nasty comments and including some very very famous authors and hedge fund managers i won't mention the holiday season anyway let's get back to the paper and a read where we been since then in the past ten years to ten years past so we thought it would be interesting to examine how well this timing strategy held up what lessons have been learn what might have been done differently with the benefit of hindsight and what possible extensions and deviations exist for further exploration now noted this is not intended to be an expansion of the original article we did that in favour 2013 we published an update to the original and included a bunch of new content rather this immense just be an accompaniment reflection on the performance of timing model used in an hour sample data in the years since publication so what was the original system for those of you who may not a read the original article or benefit from a little bit of refresher the time he's rise examine with a trend falling strategy trend falling as one of the oldest market strategies it's been around since at least the time a charles dow in the early 20th century the most oftencited longterm measure trend the probably most famous one is the 200day simple moving average so therefore we decided to use this as our starting point i make no claims to originality people will sometimes meright mab thinks he invented this now this has been around for forever.

technician cfa editor cemt analyst white paper journal of finance financial analyst charles dow ten years 200day
"financial analyst" Discussed on 100 PM

100 PM

02:02 min | 2 years ago

"financial analyst" Discussed on 100 PM

"Yeah you can hit the nail on the had i have uh i guess going all the way back to college i graduated school with a degree in entrepreneurship and finance uh so i always wanted to do my own thing obviously went to school for it and at the same time get a degree and finance thought that was pretty interesting interviewed for a few jobs and realized i had no desire to do that for a living i wearing a suit juninho thing just sounded terrible what would it career in finance typically speed allowed at on the other end let's good question there are a lot of past the take bought something like private equity uh or a financial analyst role something like that i don't know longterm that in explored enough i knew that all the entry level positions would not have been nearly as interesting as i would have liked to do and i think i i w i went into it with all the wrong reasons okay and i knew just going back to why they went to score over entrepreneurship i wanted to build things and that's that's really what was driving me so i know i knew a ruin finance wouldn't provide me with any sort of any sort of ownership inability to build anything do you remember the first thing you ever built late even if it goes back to the childhood if like this is the moment i've created oh that's a good question uh i mean i did although play go sort of things like that i'll the first thing that comes to mind though is my first website and build because they kind of ties pretty close to this thing i was in seventh or eighth grade and built it off of like whatever software came on the computer and i got it on the internet and i was like this is an same guy i this is this early days of led the out very early days and then um just kind of yeah always always have been putting in playing when things and yeah that but that was the one that six six online is like the first thing that click does like this is cool all right say you're heading down the finance path and then you have the glimpse of your future in your future is wearing an uncomfortable and you're like forget it happens them i decided.

financial analyst
"financial analyst" Discussed on Money For the Rest of Us

Money For the Rest of Us

01:32 min | 3 years ago

"financial analyst" Discussed on Money For the Rest of Us

"Or robert de are not he's a founder research affiliate is a long time academic shares how he says in this is an article from the financial analyst journal whether finance theory it's tight on all the linked to this week's article you can find money for the rest of us dot com attempts at one sixty three or remember my insider's guide you can sign up and get a free email every week with this show notes the links and a summary article can sign up for that on the homepage it money for the rest of us dot com or as a us based listener go ahead and text the word insider to the number four four two two two so he talks about that the price of a stock share is the value in today's dollars of future cashflows so the price is just the present value of future flows but those cash flows are unknowable so even if the market is efficient it's possible some stocks will be priced too high relative to the true value because the future cash flows are unknown and other stocks will be priced too low and no one knows wit stocks a price too high or too low and the problem with capitalisation weighted index is it systematically over awaits the stocks at a price too high and underway dhs those at a price too low because the index is weighted by size and are not because they're just a great example he he says well let's say have to stocks.

research affiliate founder financial analyst
"financial analyst" Discussed on WSJ What's News

WSJ What's News

02:11 min | 3 years ago

"financial analyst" Discussed on WSJ What's News

"Greg mcbride joins us he's the chief financial analyst at bank rate dot com greg no surprise heroes so what do you take away from the fed news what's the big headlines coming out of the fed meeting the concern that they voice about inflation um that uh that's not move in the right direction as far as they're concerned in the past few months um it they gave i think a rather upbeat view on the economy considering some of the weakness we've seen of wait i mean you know just in the first paragraph of their statement they use the terminology like uh has been rising has picked up continued to expand uh that's just in the first paragraph am they also removed a reference to slowing economic activity that they had in the previous day but so um i think this could be the last rate hike we get for a while if we don't see a pickup in growth and uh i think a return of inflation uh the moving up rather than the disinflation that we're seeing now where inflation numbers are moving down uh the in inflation in particular the fed highlighted as the one they're gonna be watching going forward there are four more said meetings this year i actually look this up to lie twenty th and twenty six september nineteen than twentieth october thirty i in november i and december twelve th and thirteen yellen holding press conferences after the september and december meetings so how do you see things playing out well right now the odds of a another rate hike by the end of the year are less than 5050 so i think you know the market is saying that this weakness we've seen in consumer spending in economic growth uh and the mit softening of those inflation numbers he put all that together it's going to be difficult for the fed to raise rates with that kind of a backdrop you're going to need does things to turn around and then you look at the fear a couple of things on the calendar just present things from and uncertainty standpoint the debt ceiling has to be raised um you know that's one and then you know we still have the bigger question mark about what if any fiscal stimulus measures get past.

chief financial analyst bank rate fed fiscal stimulus