35 Burst results for "Five Percent"

Kodak Crashes 85% from Recent Peak

Stansberry Investor Hour

11:24 min | 2 d ago

Kodak Crashes 85% from Recent Peak

"Kodak. We've been all over this for the past two weeks. Right I told you they got a seven hundred and sixty five million dollar loan to get into the drug. Business Kodak the Film Camera Company getting into the drug business. Turns out in their one hundred thirty, one year history they actually were in the drug business for six years from one, thousand, nine, hundred, eighty, nine, hundred, ninety, four, it was a failure they got out and it's notable that they got in one thousand nine, hundred, eighty, two years before the recession set in right typical top of the cycle de Worse vacation kind of acquisition move for for a company is being managed into into the ground so. That's where it to the reason episode again and and we're back in the drug business with this seven, hundred, sixty, five, million dollar loan from the government I thought that was just kind of crazy enough all by itself because sent the stock soaring from to sixty two on a Monday to sixty dollars at the peak on a Wednesday in you know the third trading session of the week that week. Just insane. That was crazy enough right. Then what are we talk about last week? Well, they granted themselves stock options the day before announcement like that's not fishy like. Crony capitalist move, you know to just try to rake some of his money off the top of the management team. Okay. Now. This Week There's well other stuff going on. So so since last we talked the SEC is investigating this thing. And the loan from the. International, the government agencies called the DNC, the Development Finance Corporation the DNC loan is on hold. And the stock as I speak Ios below ten bucks again, and if you look at the stock chart of the last several days, it looks like it was flatlined. You know like somebody whose heart stopped and then wham the hit it with the paddles and now it looks like his heart stopped again it's a ridiculous episode but I feel like I need to clarify something because of at least one feedback email I got in this case. No, it is not okay for these executives to get stock option grants it's not okay and it wasn't okay for them to get them. I don't believe even back in May. Right I put together a time line I wrote a whole piece about this for the stands very digest and I put together a time line and my timeline showed that the order the executive order from President Trump. Was May fourteenth. Two days before that Kodak moves seventy million dollars from a Chinese subsidiary to a US subsidiary quote in anticipation of an intercompany transaction and quote I believe starting up a new pharmaceutical subsidiary constitutes an intercompany transaction, right? So that was actually made twelfth may fourteenth. Trump is used the executive order and invokes the defense production act and says, Hey, you know, let's lend money to companies so that we can produce drugs domestically because too much drug production is overseas in places like China and India by the way if you research that, it's not completely true. We'll talk about that. Maybe another day Kodak made the director option grants the first time on May twentieth today their annual meeting. So, eight days before they're moving money from Chinese from a foreign subsidiary to to a US subsidiary anticipation of a major transaction. Then trump invokes this defense production act, which is just appropriates money for national security right two days later, then six days later, they grant themselves these options at premium prices. Then approximately may eighth according to an interview with the CEO Kodak, and this government agencies start talking about its new drug business. Then on July twenty seven, these idiots grant themselves more options. Then July twenty eighth and it leaks out stock was up twenty, five percent that day the news leaked out. and. Then Twenty John Twenty as the big announcement right? Seven, hundred, sixty, five, million dollar loan to Kodak the shares were up four fold that day July twenty, ninth the stock price hit sixty dollars. And the volume that day is like a hundred and sixty times the previous day and the previous day was twenty, two times the David were that. Next Day July thirtieth a fellow called Mike or non gap thoughts. Which is a a newsletter that he writes on sub stack non gap thoughts. He writes this article citing these suspicious option grant dates when and strike prices next day July thirty fourth. Wall Street? Journal publishes an article citing the potential you know ninety, they said ninety five million dollar windfall for CEO Jim Continente. And there were others on on the Management Team received the options to August. Fourth Wall Street Journal publishes an article citing a new SEC investigation into the disclosure of the loan and the option grants right because it looked like the the loan with the news of the Lomas leaked out on the twenty seventh I think is really what they were concerned about. But the whole thing stinks and let me tell you something what I alluded to earlier when I said I need to make something clear about this. This is not the way capitalism is supposed to work. A corporate management team is supposed to make a lot of money. They're supposed to get ninety five million dollars for creating a business that has performed well for a period of time. That has generated you know for ninety, five, million bucks. You'd better be generating you know at least a billion or more couple of billion hopefully in free cash flow over a period of time consistently, right a real sustainable business for that kind of reward. You don't get paid that kind of money just for getting a loan to be in a business that you were in for six years out of your one, hundred, thirty, one year history and sucked at. Okay that's not the way this is supposed to work. This is the ranking crony capitalism, the EST crony capitalism. And crony capitalism is when you get paid for no in people, right it starts looking suspicious back in May when they're moving seventy million bucks from China to the US, it looks like they already knew they were going to do something and then Oh, two days later trump invokes this this executive order appropriating these loans for this kind of stuff and then up six days. Later, we start granting ourselves options at prices that suggests we know the stock is GonNa take off like a rocket ship. Then we do it again on July twenty seven just to show you how utterly stupid we are. This is not the way it's supposed to work they basically what they did here was. They just took money from well, you know this government money. So you could say they took taxpayer money and they said how can we get way too much of this money in our own pockets? Oh, I know let's grant ourselves a bunch of options. Okay, your stand. Now, I don't have a problem with option grants in general I. Realize people need to be incentivized. It's just the way. Things are nowadays right to to attract good management. You gotta pay them. What looks like way too much money a lot of the time, but this is not that. This is a management team taking money from taxpayers and really taken ultimately from shareholders as well. They're given themselves equity for free that the shareholders have to buy in the market. This isn't the only episode of this. You'RE GONNA see there was a smaller episode that I I kinda filed this way I didn't think I was going to mention it but there was a guy. David? T hines in a story in the Washington. Post. July. Twenty Eighth I mean it's all allegations so I don't know I'll just say this poor fool apparently borrowed four million dollars in this federal PPP paycheck paycheck protection program it was part of the cares act. Right. The cares act was that two trillion dollar corona virus bill that was signed into law in March and included three hundred and forty, nine billion in forgivable loans for small businesses to maintain operating expenses. Mostly payroll, right? That's why it's called. PAYCHECK protection program. So you can just pay your employees even though maybe you're running a restaurant and they have to stay home because of the cove in nineteen, right. So this guy gets four million from this program and then a week later people see him riding around. Miami beach in a Lamborghini. A brand new Lamborghini Lamborghini. Hurricana. Which I guess. That's an electric Lamborghini costs more than three hundred, eighteen, thousand dollars again, how stupid is this guy? That's like granting yourself options the day before the loan announcement. And of course, these things are ripe for. For, this kind of abuse, this is what you get went when the government starts literally like throwing money around all, this is done very very hastily right because we think we have to act we have to act now. and. So this is what you wind up with. You wind up with Kodak and you wind up with this poor sad sack who who thought he wasn't GonNa get caught when he use P P peabody to buy a fricking Lamborghini. It's you know somebody's going to include that in some kind of TV you know some kind of fictional TV show because it's just too priceless. So that's where we are that. That's where we are in. You know the state of of all things financial in August of twenty twenty. Boy Twenty twenty is the weirdest fricken year. I mean things that I won't even get into some of the things that that people I know have been exposed to this year, but it's just. So it's also utterly weird when you shut who who'd a thunk who'd a thunk when you shut down the global economy because you're afraid everybody's going to get the flu or whatever. That all of this stuff would happen that you would get people you know in Lamborghinis with government money and you know Kodak Management taking money out of taxpayers, pockets would have thunk it. Anybody. With a brain is the answer to that one anybody with a brain. And what what you do about what you do about it well. Look we told I told you to avoid Kodak because. People look at that kind of action and the knee jerk. The thing that's built into your brain you know that's that's been kind of evolving for hundreds of thousands of years in complete evolved for hundreds of thousands of years completely different circumstances that have nothing to do with investing. So immediately, as soon as you see that surge Kodak you want hit the buy button but I'm telling you it's deadly and wrong every single time

Kodak Twenty Twenty Management Team President Trump United States Ceo Kodak Executive John Twenty Lamborghinis SEC David Kodak Management China Kodak. DNC Lamborghini Wall Street Journal FLU Miami Beach Film Camera Company
TECH FIGHT: Epic Undercuts Apple, Fortnite Removed from App Store, a Full Breakdown

The Esports Minute

01:44 min | 2 d ago

TECH FIGHT: Epic Undercuts Apple, Fortnite Removed from App Store, a Full Breakdown

"EPA gays releasing to give players the ability to purchase view books directly from EPA. Gates. Instead of through the APP store or Google play this bypass the thirty percent fee place all in-app purchases by apple and brought the cost of bucs twenty percent as epic sauce cover things like fraud taxes. So what books crossing nine hundred, nine, two, seven, ninety, nine, clearly no one is going to pay an extra twenty percent would by v Bucks if they don't have to the response was swift apple took. OFF THE APP store. That's right. They just took away one of the biggest game of the world. This is truly case it would stop force I an immovable object right out. You could still play the game fired apple devices. You could even still buy books for the original price if you wanted to. For some reason, you just can't download it if it's not already on the phot-. Response to uproar movie to Gabe. EPA gives filed a lawsuit it case it was clear already the sixty two page lawsuit filed with it hours shows that epic knew they were headed towards legal battle the second this update was released epic CEO. Tim Sweetie has been a vocal critic of how the APP stores harm developers both Google and apple took a thirty percent cut of all it at purchases according to Tech Expert Matthew Ball at the average cost of protecting gets fraud comply with taxes and Moore's tweet five at ten percent. That means Apple Google taking additional twenty to twenty five percent off it at purchase as a service charge for access via the APP store initial functions, it provides according to the verge apple is in the past this thirty percent fee for companies like Amazon it's epic water them to waive the fee for them as well. They did comply they create a workout at package. It s consumer I it's a smart move to opinion on their side. EPIC Games recently raised over a billion dollars evaluation of seventeen point, eight billion most companies could never dream going toe to toe with apple, but I think is ready for a fight.

Apple EPA Google Fraud Tim Sweetie Bucks Gabe Matthew Ball CEO Amazon Moore
TECH FIGHT: Epic Undercuts Apple, Fortnite Removed from App Store

The Esports Minute

01:57 min | 2 d ago

TECH FIGHT: Epic Undercuts Apple, Fortnite Removed from App Store

"Apple was four for the APP store for epic undercuts apples prices. Is the eastwards minute presented by East sports network. It's nothing like to multi billion dollar companies take shots each other. Here's what God out today EPA gays releasing to give players the ability to purchase view books directly from EPA. Gates. Instead of through the APP store or Google play this bypass the thirty percent fee place all in-app purchases by apple and brought the cost of bucs twenty percent as epic sauce cover things like fraud taxes. So what books crossing nine hundred, nine, two, seven, ninety, nine, clearly no one is going to pay an extra twenty percent would by v Bucks if they don't have to the response was swift apple took. OFF THE APP store. That's right. They just took away one of the biggest game of the world. This is truly case it would stop force I an immovable object right out. You could still play the game fired apple devices. You could even still buy books for the original price if you wanted to. For some reason, you just can't download it if it's not already on the phot-. Response to uproar movie to Gabe. EPA gives filed a lawsuit it case it was clear already the sixty two page lawsuit filed with it hours shows that epic knew they were headed towards legal battle the second this update was released epic CEO. Tim Sweetie has been a vocal critic of how the APP stores harm developers both Google and apple took a thirty percent cut of all it at purchases according to Tech Expert Matthew Ball at the average cost of protecting gets fraud comply with taxes and Moore's tweet five at ten percent. That means Apple Google taking additional twenty to twenty five percent off it at purchase as a service charge for access via the APP store initial functions, it provides according to the verge apple is in the past this thirty percent fee for companies like Amazon it's epic water them to waive the fee for them as well. They did comply they create a workout at package. It s consumer I it's a smart move to opinion on their side. EPIC Games recently raised over a billion dollars evaluation of seventeen point, eight billion most companies could never dream going toe to toe with apple, but I think is ready for a fight.

Apple Google EPA Fraud Gabe Bucks Tim Sweetie Matthew Ball CEO Amazon Moore
How I Built Resilience With Brian Chesky of Airbnb

How I Built This

05:38 min | 2 d ago

How I Built Resilience With Brian Chesky of Airbnb

"Hey everyone and welcome to how I built. This resilience edition on these episodes were talking with entrepreneurs and business leaders about how they're adapting to these difficult economic times and today show we're going to hear from Brian Chess the CEO and Co founder of Airbnb back in twenty sixteen, we spoke with Brian's Co founder Joe Gebbie at, and he told the amazing story of how they founded and built the company, and if you haven't heard it, be sure to check it out. Now, of course, we are in a very different time and a few months ago Brian wrote a letter to the entire staff. AIRBNB letting them know that twenty five percent of the company was going to be laid off. This has been by far for us. The most difficult thing that we've experienced since we started the company a dozen years ago and I think join us to talk about how starting airbnb basically this idea that like strange who live each other live with each other like that was the hardest thing we were ever GonNa do it was like pushing a rock hill and it turned out that trying to run a company that does travel preparing to go public in the middle of pandemic is about as hard. And then doing all via Zoom Ios, even more difficult. I think that what people want right now just more fundamentally is connection is like the thing that we've always wanted we want connection to each other and now you have to fight for it. You know you have to make a conscious effort for it get on the one hand I'm closer to some people I've ever been in my life probably closer to my life co-founders donate we talk all the time and when you're going through crazy periods of time, it has a way of bringing you closer together but also has a way of making your bubble a little bit smaller and that's probably what's happened for me. Yeah. You you wrote a letter to your employees that is posted publicly that letter is was remarkable. It was so transparent. You had to lay off a quarter of your employees in May and you could see how painful it was for you to write that letter it was extremely transparent. You described the process for how you had to make the hard decision But also you know that every employee would receive fourteen weeks of of pay plus Severinsen insurance for a year and they keep their laptops and there were resources to help the employees Kind of walk me through how you how you came to to write that letter and How you kind of dealt with that just emotionally. Yeah there is no playbook. To lay people off in that's the kind of thing that if there was a playbook, you should never use it because the thing that people want more than anything. They want humanity they want compassion and that means that you need to treat people like like people like individually not robotically you know when the crisis happened, we felt in mid March it was pretty serious. We spent twelve years building airbnb in the we lost eighty percent of business in eight weeks. You know we're one of the success stories right and then suddenly eight weeks there's. All sorts of concerns articles willer survive never thought. I'd read an article like that. And we made a lot of hard decisions. We I cut enormous cost. We cut over a billion dollars plan marketing spend. We quickly raised two billion dollars. It's not easy to raise two billion dollars. It's more difficult to raise two billion dollars from your travel company. It's a pandemic and you've lost eighty percent business eight weeks. The people get nervous thankfully we had some great investors step up but we had to do that deal that was like over the course of seventy two hours still like get the deal done it was the. Fastest deal thing from have ever done and they've ever done. So before that layup even happened, I wrote a couple principals and I said, we have a hunt handful of stakeholders we have to I. Make sure that we act quickly in with all stakeholders. Remind we're going to be remembered probably for how he handled this crisis Andy Grove this famous entrepreneur said bad comes destroyed by crisis good company survive crisis in great companies thrive or are defined by crisis I said, we're not going to be the kind of company will be destroyed by this. We're GONNA try to take each of our stack holders and when we got to the employees, we basically had exhausted options having raised two billion dollars. We came to the conclusion that we would have to lay off when we confronted to hard truth the hard truth number one was this that we did not know when trouble would return nobody did and the second thing we knew is that when travel would return, it would look fundamentally different than the travel before the pandemic and so our business would have to look different and we'd have. To change the shape of our business that we focused on, and so then we just realized that we had to approach this with a sense of humanity said we should be as generous as we possibly could be in not less generous than that. Why would you do that until we came up with a handful of things that we did to try to help people in this very difficult time We did a fourteen sevens puts a week pre or service we felt like well, this is a health crisis people need health insurance, and so we made sure that everyone had at least one year of health insurance even after ever getting laid off one of the things that I'm most proud of that our team came up with Joe in the team came to me and they said, you know what? We have a recruiting team maybe we dedicate a percentage of the recruiting team to outplacement for the people

Airbnb Brian Chess Joe Gebbie Co Founder Severinsen Andy Grove CEO
Investments to Fight Financial Repression

Money For the Rest of Us

04:10 min | 3 d ago

Investments to Fight Financial Repression

"A couple of weeks ago on August fourth the US tenure treasury bond hit an all time low yield. Zero Point Five, two percent. It's a little higher than that. Now about zero point six, four percent. Yet. If we look at an equal weighted composite of ten year government bonds that includes Canada the euro-zone Japan, Switzerland the UK and the US. That composite interest rate is zero point three percent. If. We include corporate bonds and mortgage backed securities. The Global Aggregate Bond Yield is zero point eight percent in all time low. Now those are nominal yields that supposedly take into account that potential flation, but those rates are lower than what inflation has been over the past few years. Treasury inflation protected securities have a negative yield. That's the real yield. The tenure tip is yielding negative one percent. Global. Central banks have set their interest rates at all time low a composite of banks. The average short term policy rate is one point three, five percent. That's down from two point four percent in July twenty. Most developed countries have set their policy rate at zero. As investors if we are not able to generate a return that is greater than inflation, then our investments lose purchasing power over time. If central banks are implementing policies to keep interest rates low. Policies that benefit debtors borrowers because they can borrow cheap at the expense of savers that aren't able to earn even the rate of inflation on their savings. That is what is known as financial repression, its policies by central banks that hold down borrowing costs. These can be traditional monetary policy tools such as setting the short term policy rate. or it could be unconventional monetary policy such as quantitative easing central banks, purchase government bonds, or other bonds in order to put downward pressure on interest rates because they're constantly buying bonds. It could be yield curve control stating that they will buy as many bonds as possible to keep longer term rates low. It could be what the Federal Reserve indicate that they might do more explicit forward guidance in their June that are open market committee meeting. The minute said that it will be important in coming months for the. To provide greater clarity, regarding the likely path of the federal funds rate and asset purchases and that a number of the participants in favor of forward guidance tied to inflation outcomes that could possibly entail a modest temporary overshooting of the two percent target. What does that mean? The Federal Reserve has a target for inflation of two percent. They set their sights term policy rate, which is known as the federal funds rate at a level that they believe that unemployment will stay low but not too low that discharge to put pressure on wages and potentially inflation. And at a level that's low enough that households and businesses want to borrow to buy things to invest in capital projects to help the economy grow. But they're saying that they'll keep that policy rate low even if inflation exceeds the two percent target for time so that the average inflation rate is about two percent. The most recent inflation rate in the US was zero point six percent. If we exclude food and energy inflation rate was one point two percent that was through the end of June twenty twenty.

United States Federal Reserve Canada Switzerland UK Japan
SRM The Talk Of Crypto

The Trader Cobb Crypto Podcast

02:44 min | 3 d ago

SRM The Talk Of Crypto

"Talk of the town at the moment crypto anyway has certainly been the FT xt five project listed cold serum s. e, U. M. S. Ram on the Tonkin listening and Yet listed in its sitting a dollar forty five at the moment it listed at fourteen cents. Can you believe it now did shoot up pretty damn quick. So yet be join the spot to get your order Philip Fourteen cents but that's a straight up Tannock's wrought. They're so good money was might have not by many that will working on that it was a light not eleven thirty PM and their Todd. Dip I'm togs look fivethirtyeight Duma walk but I feel Good money was mine. and. That's what we do. We make money we focus on what we know and we stick to it and we tried and we do. Well, that's the goal anyway, and of course, the rest of the market while we saw a bit of a sad sack face on the old bitcoin loss, not of course, before we get to Bitcoin on one of the touch on a gold and the reason wanted to touch on gulled. Is quite simply because it kind of a very large amount lost not. You know we fell five point six percent on goal and Bitcoin felt the same time. Now, what does that mean like correlation was a don't really know we did see the the Dow come off a little bit. It's a tiny bit the S. and P. as well. Two things I'm just looking to save as any correlation. In, and around they silver also came off i. a staggering fourteen percent is right there in the criminals are now it's a, it's a pullback resigns. So we'll. We say bitcoin bounce. Let's have a look at it and I'll tell you what I'm saying. Because Yeah. We currently down four point, seven percent on Bitcoin. Now, we still well and truly in the cradles this is my major issues. We've had a very strong Ron bitcoin still sitting above eleven thousand for that. Ungrateful. Was Sitting at eleven thousand, three, hundred, fifty, two dollars I said wrought. Now we've got the clothes coming up in about an hour or so. From. When you got a hold of this first up in the morning, if that's you and you know it's it's it could be an opportunity on whiting to say what Bitcoin does not looking for any trades on bitcoin right now but it is certainly has had that little little pullback a theory of down now five percent three, hundred, seventy, six dollars, and twenty seven cents guy that consolidation continues as does very similarly to Bitcoin we are in and around that cradle four hundred also k. mock on theory at the mine off the white and say what goes on once again on not really. Looking for any particular trades road now I'm more sort of looking at it. From the point of we're to break down sort this consolidation and we're gonNA break up

Ron Bitcoin Philip U. M. S. Ram Tannock Tonkin Whiting
Putin Says Russia Has Approved 'World First' COVID-19 Vaccine. but Questions Over Its Safety Remain

Squawk Pod

05:40 min | 4 d ago

Putin Says Russia Has Approved 'World First' COVID-19 Vaccine. but Questions Over Its Safety Remain

"Breaking overnight Russian president. Vladimir Putin said that the first Russian produce vaccine for COVID. Nineteen has received regulatory approval from the country's Health Ministry the vaccine was developed by Moscow's Galilea Institute. Putin. said. It forms stable immunity and passes all necessary safety checks putting also said, one of his daughters has actually received that vaccine Brian this news about Putin and this potential vaccine is huge but I think we do need to take it with a grain of salt. Well, trying to make sense of it, Becky, good, morning Wolf Becky as well. I mean trying to make sense of it. You have what you think are the markets sort of key points, right? Trillions of dollars in stimulus potential payroll tax cuts, all the market themes that we've all been talking about on CNBC all day long powering the markets higher seven days in a row you wake up at whatever four o'clock in the morning and Russia says, Oh, by the way, we have a working vaccine it's been approved by our own institute and I gave it to my daughter says Vladimir Putin so it is a huge developing story and I think. Guys it really whether or not you believe it or not, and there's GonNa be a lot of scientists that want to see the data. What is this vaccine? What is it based on? How many doses are available? How much does it cost as the world get it either way the market did move a little. We were up before the headlines crossed, but it did move a little on this news and I think Becky it does call into question. What happens on the day and whether that day is today or not the day the world gets a working vaccine. What happens? What do we do? Do we know? I, guess drink some vodka do we go out and street down the street I have no idea you know I might look here. Here's what I. Here's how I kind of look at this news just from what we've been hearing in the last several months from experts. There is a huge debate here in the United States taking place about whether these potential vaccine candidates should be fast-tracked even more and brought directly to the public before it. Goes through the extensive as one face to face three testing the phase three testing that you would normally see it's very high bar. They want to make sure that that not only is it safe for people to take. But also that there is efficacy remember last week we heard from the Dr Anthony. FAUCI that there's a a real risk that you are not going to see something that has ninety percent or north in terms of its effectiveness. The FDA is now looking at fifty percent as the floor. If they can get fifty percent effectiveness, they would think that that is great. Sixty, seventy, five percent even better. But you probably not talking about a vaccine where you have ninety three percent effectiveness with the measles shot. My guess is that the Russians have taken a candidate and fast forward it without doing a lot of those types of extensive studies that you're going to see on candidates vaccine candidates here in the united. States and there's a big debate about that. There are people here in the United States are pushing for us to do the very same thing but if you talk to. Some of the more cautious experts, some of the people who look at this they say, no, we do this for a reason it would be disastrous if you approved vaccine and then it turned out it either wasn't safe or that it didn't work very well but people would lose faith in vaccination programs. It's difficult enough to get people to accept vaccinations and do this, and there are more people here and the United States who are anti factors at this point who are raising questions about whether they'd even take it but there's a real reason that you go through these extensive steps and try to make these things positive now again. Totally, a guess, but I don't know how they would have had time to do all the testing that that we are making sure everyone of the vaccination candidates here in the United States has gone through and that's just the safety question Becky I mean look at the day we've got so far from all of the US in European trials. If you could put safety aside has any of them showed yet enough effectiveness in treating this forest enough antibodies antigens or whatever it is they're trying to create. I'm not sure where even quite there yet. Anyway on some of the data points and to that point whether it's a safety concern or. Effectiveness concerned with the Russian vaccine I doubt will get the daytime. You put the news on twitter whatever you WANNA call it and there's a group of people that just don't want to believe anything. They don't want any good news is that people are just bad I don't know why that is like Oh, well, it's not real or it's Russia must be faked maybe it is fake who knows there's a lot of candidates out there not just on the vaccine side but on the antibody side, the treatment cyber general and other things we could have real candidates by September by the way September is next month. Let me give you a few reasons to be optimistic. The are one the reproduction rate has held fairly steady. There are community spreads parts of America, but overall fairly steady. The question I've got is this we're starting to get some indications that Americans maybe closer to so-called hurt immunity than we think because t cell reproduction rates have seen higher in some communities ironically corona queens a few weeks ago or a month ago they found twenty five percent of the population had developed t-cells or anybody's and twenty five percent was not ill indicating that perhaps there is a greater capacity for amazing bodies to generate these t cells and these antibodies than we think in other. Words guys. There's a lot of terrible news out there and a lot of families are suffering but the market I think have looked at the fact that we had nine, hundred, sixty, eight, sixty, million people got avian flu, the Hong Kong flu and Nineteen Sixty eight off and fifty thousand or so Americans ended up dying from that about two hundred thousand in today's numbers no vaccine was ever created for that. You can debate whether or not. We have a vaccine it's still exist in some form. The point is I think the market is at least looked out a year and said life will hopefully be. Much, different and maybe much more normal than it is right now

United States Wolf Becky Vladimir Putin Russia President Trump Moscow Putin. Galilea Institute Health Ministry FDA Brian Hong Kong Cnbc Twitter Corona Fauci Dr Anthony America
US producer prices up 0.6% in July, biggest jump since 2018

AP News Radio

00:41 sec | 4 d ago

US producer prices up 0.6% in July, biggest jump since 2018

"Wholesale prices post their biggest gain in nearly two years the labor department says the producer price index jumped six tenths of a point last month its biggest gain since October twenty eighteen the increase is about double what economists were expecting energy prices were up five percent in July while gasoline prices surged ten percent higher excluding the volatile food and energy prices core consumer prices rose a half a percent last month over the past year producer prices in core prices have been down as inflation has been held in check by the recession caused by the corona virus outbreak might help in Washington

Labor Department Washington Producer
Makeover: Oil Giant BP Promises to Cut Oil Production, Invest in Renewables

Business Wars Daily

04:09 min | 4 d ago

Makeover: Oil Giant BP Promises to Cut Oil Production, Invest in Renewables

"Somebody had to go I. It's no surprise that Covid Nineteen Delta Draconian blow to the oil and gas industry stay at home orders and line shutdowns of dramatically reduced the need for oil and gas prices and earnings plunged well. Now at least one giant oil company says demand for fossil fuels will never be the same again and it's taking steps not just to pivot, but to make itself over entirely. That business is BP the london-based behemoth last week, the one, hundred, ten year, old company announced a seventeen billion dollar quarterly loss and multibillion dollar writedown of its assets. But what generated headlines was its announcement that over the next decade, it intends to discard its identity as a fossil fuel business. Instead, it'll invest heavily in a wide variety of renewable energy technologies on its way to achieving net zero emissions by twenty fifty. Specifically bb says it will cut oil and gas production by forty percent over the next decade. At the same time, it plans to put ten times as much money into renewable energy investments as it currently does with a goal of investing five billion dollars a year by twenty thirty bio-energy hydrogen, carbon, capture and storage investments in electric vehicle charging stations are all said to be on the menu as our wind and solar. From. A business perspective the move does make some sense BP expects demand for oil to fall between fifty and seventy five percent over the next thirty years as the world attempts to slow global warming. In June BP officials acknowledged that the pain caused to the oil business by the pandemic isn't temporary. It's permanent. They say in a statement, they said covid nineteen would accelerate an existing transition to a lower carbon economy as country seek to quote, build back better meaning in ways less harmful to the environment. The shift is taking a toll on BP's employees. The company announced in June that it plans to lay off ten thousand people. BP's dismal second quarter didn't seem to faze investors instead they embrace the company's new renewable energy shift its share price leapt seven percent on the news stuart joyner an analyst at the market research firm redburn remarked that the move was major positive, thoughtful, and largely unexpected the New York Times reported. Unexpected too many perhaps, but close observers of the company may not have been that surprised. BP has spent the last decade clawing back from its disastrous deepwater horizon oil spill in the Gulf of Mexico. For obvious reasons, the company hasn't exactly been a darling of environmentalists, but quickly after becoming CEO in February Bernard Looney made a pledge for BP to achieve net zero emissions by twenty fifty it was the first of giant global oil companies to do so. At the time both socially conscious and traditional investors applauded BP's pledge Andrew Logan and oil and gas director at series a climate change advocacy organization said EP was setting a new standard for leadership in the oil industry CNN reported and Barclays analysts called the plan both fundamental and radical. Last week. Looney. said in a statement quote. This coming decade is critical for the world in the fight against climate change and to drive the necessary change in global energy systems will require action from everyone but so far oil giants. Exxon and Chevron have not followed suit indeed mobile continues to expand oil exploration and production around the world despite its own sharp drop in earnings. The Washington Post reported BP has attempted and failed at other eco, friendly initiatives over the years and BP will continue to invest in and make most of its money from fossil fuels for at least another five years. Still observers agree that this is the company's most transformative move yet, and the realities of business may give BP's ecoconscious strategy more momentum than has existed in the past. As reporter Steven muffs wrote in. The Washington Post for. BP. Is trying to get ahead of what climate change might forced the industry to do. Anyway.

BP Washington Post BB Mexico EP New York Times Exxon Andrew Logan Bernard Looney
Uber and Lyft ordered to classify drivers as employees

CNBC's Fast Money

04:04 min | 4 d ago

Uber and Lyft ordered to classify drivers as employees

"Are following a developing story and Uber lift both stocks are on the move following California court ruling Deirdre has got the very latest deirdre. The court's ruling is stayed for ten days to allow Uber to appeal but it would force the ride sharing companies to immediately we classify their drivers as employees in California in a statement Uber says quote when three million Californians are without a job our elected leaders should be focused on creating work trying to shut down an entire industry during an economic depression lift for its part said quote drivers do not want to be employees full stop will immediately appeal this ruling and continue to fight for their independence. If the appeal is not granted or there's no further stay, there is a chance. Melissa that. Could shut down their APPs entirely in California Uber keeping. Mind has over one hundred, thousand drivers in the state and bringing them on his employees I'm told would be nearly impossible. Now, the other option is that they continue to operate and risk legal liability as you were saying, shares of Uber and lift their down about one and a half and two and a half percent respectively in the after hours investors, they do know very. Well that regulatory pressures had been building, but as I said, Melissa, this was a key battle in one of the most one of their most important markets and it comes as other states from New York to Illinois Massachusetts are looking at similar legislation and to be clear this doesn't just affect ridesharing Uber's pivoting towards food delivery. The classification of those drivers are also at stake here back to you did your thanks dude or both? And I I would think that the stocks would be down even more if this was seen as a true threat to the business particularly for Uber. Yeah I think Deebo said it I mean the expectation was this outcome here we know that Dr Uber was out in the New York Times pending an op Ed making a lot of the points that Deirdre just mentioned here there isn't a whole heck of a lot of evidence that a lot of these workers actually WanNa be fulltime employees they actually like driving for lift and Uber Maybe doing a little post mates little caviar here so it'll be interesting to see what happens just mentioned this would lift you know. They're going to report in a couple of days after the close. After we saw Uber's seventy five percent year every year client ride bookings. GonNa be a really important one for lift the only North American rideshare. That's why this issue in California is probably more significant to them. But I'll just mentioned this at a seven and a half billion dollar enterprise value lift is way too cheap an asset even with all the losses that they have right now ridesharing whether these gig economy workers are employers are not is here to stay in Google wants fitbit for two billion dollars for their data. So many certainly wants lift yeah. I would also think that these drivers in during a time of pandemic one job whether it be classified as a contractor or full employees. I'm sure they're not that picky at this point, Tim? I think there's a lot of folks that enjoy being an independent contractor gives a lot of flexibility not only with how they live their days and how they deal with their families and what they can do. But also from a tax perspective and I I agree with what dancing and there's a lot of these guys at work for multiple a rideshare companies and also agree that I've said this before if you WanNa hail a cab in a major urban center now good luck it's not happening and rideshare is here. There's arguments that this did not do things for pricing for people all around the country, but but the reality is I love Uber here but I look at the chart and yes, they've had about a fifteen, a little twelve, thirteen percent pullbacks, their numbers. But at the bottom here of this rain been in around thirty three bucks, this is a stock that takes you back to a level where I think it's it's found support and you've priced in a lot of bad news. This post mates acquisition gives them thirty seven percent essentially delivery of the food business. And I think it's something that ultimately allows them to leverage their platform don't love the stock, but there's a lot of bad news in here and I think most of that bad news has been priced in.

Dr Uber California Deirdre Melissa Google New York New York Times Deebo TIM Massachusetts ED Illinois
WeChat ban in the US could impact iPhone sales globally

Daily Tech News Show

02:09 min | 4 d ago

WeChat ban in the US could impact iPhone sales globally

"A note from analyst Ming Chico looks at the potential impact on iphone sales of the US executive order banning transactions with we chat. Now, if we were only removed in the US quo predicts, iphone shipments would fall three to six percent. If removed globally quoc's sees iphone shipments declining twenty five thirty percent with shipments of other apple products like backs and ipads, and the Apple. Watch. Declining fifteen to twenty five percents and apples. Latest earnings reports greater China accounted for roughly fifteen percent of Apple's quarterly revenue. So you know it's it's something that's very important to the company expects apple suppliers LG attack and genius electronic. Optimal. Rather also adversely affected. Yeah. We talked about on Friday that. is dominant in everyday life in. So many ways in China and quo has put a number on that of how that would impact apple if a Chinese customer and other places that use we chat, you know ex pats and tourists. Looked at it and say, well, I can't buy this. It doesn't have we chat on. Right I I don't think it's going to be blocked anywhere outside of. The US right. So the first number I. believe the predicting the iphone chips fall three to six percent if it's blocked in the US that make sense to me but as you said, like China lives in breezy. It'd be really difficult to imagine it not being on iphones that were sold and distributed inside of China and three to six percent. It's not nothing but that's a lot easier to overcome and maybe try to grow your way past than twenty five to thirty percents for sure apple will be fine. I am not too worried about minted billionaire Tim Cook. Yes. He's going to make his way out of this but yeah, I. I am curious if there's even going to be a band or if there is what what how it manifests and we'll these executive orders be challenged all of that. So we got a ways to go on all of that stuff before we haven't already but I think this analysis is important to say like, all right we don't know what really is going to happen. But if this happened, this would be our best guests on its impact at least on. That's right. Yeah.

Apple United States Pats China Executive Tim Cook Ming Chico Quoc Analyst LG
Potential Kodak deal on hold until "allegations are cleared"

Squawk Pod

01:46 min | 5 d ago

Potential Kodak deal on hold until "allegations are cleared"

"For watching shares of Kodak this morning down by forty, five percent in pre-market trading. This on news of potential deal for government loan to help make ingredients for generic drugs is being put on hold in a tweet late Friday the International Development Finance Corporation a US government agency says the recent allegations of insider trading re serious concerns and the deal will not proceed until they are cleared the SEC is reportedly in the early stages of probe in Kodak said, Friday. It is conducting an internal review. Becky. You guys have been all over this. You had the the gym continente on Squawk shortly after the loan was awarded. In Joe I remember pointedly asked him about the unusual. Stock activity and the day just before this deal was announced on Monday one, point six, four, eight, million shares. And then Tuesday the news came out. How do you account for that James? Any idea whether whether someone had wind this I? Mean, we didn't see the move in the stock until Tuesday but that that is so far away at a multiple of the average daily volume over over the last. You know over a long period of time and he idea whether this got out. This is pretty kept secret. Obviously, we read better to the last day basically so I could tell you what A. Week. Later, we find out that he was also ordering. Stock option grant the day before as well. So certainly, a lot of eyebrows being raised here. Yeah. You we watched it run up and we're kind of watching it unwind right now as this comes through There were people who were waiting for the SEC to do an investigation. You kind of knew it was going to be coming and and now the question is what happens to the contract itself as a

SEC Kodak International Development Fina United States Becky James
The Internet Is Everything. But Is It Accessible?

Marketplace Tech with Molly Wood

05:03 min | 5 d ago

The Internet Is Everything. But Is It Accessible?

"We spent some time digging into just how crucial Internet access is during the pandemic. But even if you have access to the Internet, many parts of it are still not accessible this summer, the Americans with Disabilities Act the ADA turned thirty years old and a lot of the tech that makes things convenient for everyone can be game changing for people with disabilities, screen readers that help visually impaired people read websites and software that lets us type with our voice, Nicholas? Dean, how does a Web accessibility consultant and trainer? He says that? That despite these advances, some products that claim to help actually make things worse. There is no doubt in my mind that we must include people with disabilities at every stage of any project. An example here there's a solution for web accessibility that his being pushed really hard lately, and those are overlays. So you you go, you pay for a service, they inject one line of code and your site, and they claim that it makes the site accessible. When in fact, it reduces accessibility, it is not reliable it conflicts with users. assistive technologies, and we have a solution that is really appealing to people that don't have a disability. They're appealing to people think that can get quick fix. But in fact, it's breaking things. So. When you are advising companies, what features do you tell them that they should include in their websites to make those sites more accessible while there's there's a few things to to focus on to look at making sure you can use the site with keyboard. Only you WANNA, make sure your color contrasts are sufficient something that's been very fashionable as great text on grey background That's really Really, really hard to beat for people that have low vision, and incidentally, if you try to read it on your cellphone outside in full sun chances are you're not gonna be able to read it either, and this is where I'm saying accessibility is good for everyone. Those are really good tips for companies designing their websites. But what can we do to make say our social media posts more accessible. Twitter now offers the ability to add descriptions or alternate text for images and I urge everybody to actually take a moment and described image. They're posting be careful about using emojis too much screen reader users are really going to struggle always think as to how is this? GonNa. Be perceived and how can I make sure that more people can get the message? What kind of innovations in tech are you excited about? As it pertains to the disability community? There's a lot of things happening when we're looking at tick a lot of the excitement, Ron that right now is Rhonda. Emergence and there's a lot of that that can be leveraged for for accessibility. For example, you may have heard of using a I to. Interpret. What a photo is and be able to give her a description of that fo four screen reader users or using air. I. For automating transcription for shows like the one we're having right now. So there's there's a lot of promise in in that field at the same time I. Think we have to be aware that there's there's promise, but it's not quite ready. For Primetime, a lot of the automated transcription or automated captions. You may see on, Youtube, for example, are not one hundred percent accurate. Especially if people have a bit of an accent or use a tech lingo. The accuracy is not perfect. So as a result, people who rely on captions or transcripts will not get. All the information. So they may get eighty percent or eighty, five percent and those ten or fifteen percent missing can be crucial. So. That's that's exciting. There's stuff moving. It's going to, it's going to help, but it's going to. It's not helping now because we can't rely on it and I think that's That's probably a a trap that we have to be careful not to fall into, is that while the technology is there, the technology's not perfect yet? So we can't rely on twitter can't decide well, I don't need to bother. Describing my images when I post on social media, because there's no intelligence that can do that yet while we're not quite there yet. So we have to be careful to. Not Get carried away with excitement as to what's new and shiny and make sure that we still you ju-, diligence to make sure accessibility is taken care of by humans. Nicholas? Is A web accessibility consultant and trainer.

Youtube Twitter Dean Consultant Nicholas Rhonda ADA RON
Discipleship: Hearing Who We Are with Jeff McDaniel

Legacy-Dads Podcast

15:55 min | 5 d ago

Discipleship: Hearing Who We Are with Jeff McDaniel

"Jeff, what are you doing your PhD in right now? Right, now it's in communication I am looking at A. Self efficacy in how we can help people change voluntary behaviors towards discipleship. The. The problem is eighty. Five percent of churches in America are either plateaued or declining zero churches in America are multiplying. And there's gotta be a reason why. So CS Lewis said scientists nothing more than I pointed my telescope it in this direction at this time towards this planet, and this is what I saw. So even social science is nothing more than critically looking at what God is doing and how God made us. So I'm taking a seminary degree, an MD, matching it up with a social science. And trying to see what God is doing and how we can better make disciples makes sense makes sense and so we we kinda talked we were talking about last week Kyle, this in a what if and this is something it came up in conversation wasn't even planned that we were saying what if you know God is pushing this cove is a mechanism to get us to relook at how we do quote Unquote Corporate Church gatherings or discipleship, and that's where we thought. Hey. You're the guy that's been doing this. You've been preaching this for years saying We need to get away from this corporate entertainment. You know consumer model in back to. First Century Early Church Christian discipleship so can you talk a little bit about some of the stuff you've been talking about working with where do you see the problems and then you know, what do you see? We can talk a little bit about You know, what are some solutions here?

America Jeff Lewis Kyle Relook
Blockchain & Digitising Trade Finance  Insights from Contour

Insureblocks

05:38 min | 6 d ago

Blockchain & Digitising Trade Finance Insights from Contour

"Call. Thank you for joining us today. Could you please give us a quick introduction on yourself thank you lead and thank you for the opportunity to be here. Introduction of myself. I guess away sometimes they usually introduce myself as I've been SORTA DOING FINTECH for thirty years all in Asia. So I grew up in the states but came out to Asian in college and then stayed out here but. Thirty. Years of Fintech. So I've done about twenty years of thin. So I've been in in worked at various. Banks Bank of Boston Standard Charter deutchebanks on transaction banking trade finance and cash management, and then ten years of tax. So I've worked at I left banking a few times I left in two thousand during the DOT com days to work for a company called trade card, which later became gt nexus and set up the Asia operations and then I. Left. Banking again in in in two thousand sixteen to to work for for our three and and helped set up a lot of Asian operations for them and my my third startup now is is contour which started seven months ago. So yeah about thirty years of of Finn INTECH. Extensive. Indeed of an anti corporate and start up world. You've got it all. So Call as it is customary here at blogs could you please explain to our listeners? What is blockchain and how does it work? What is blockchain? Well, I I think I'll I'll go to the the level below and distributed ledger technology and really disturb alleged technology is is is an opportunity for instead of managing your data in one central database actually everyone having their data in their own database and so just to be ledger instead of breaking it up and and it's goes back to the way our three and quarter talk about it. Is You, know we we all should should own our own data. And then we there should be a protocol to share it and you shouldn't share it with everyone. And sharing with everyone is is traditional blockchain which be the broadcast method of of consensus, but instead a quarter. On distributed ledger technology basis manages data by having them Even everyone has a note everyone has their own database, but there's a protocol, the sheriff, and that's how. Quarter works, and that's actually what contours built on. And Great and I think it's important. You know the point you just made about. It was blockchain near sharing with everyone in whiz these legend technology you only sharing with the relevant parties because that's sometimes it's something that is misunderstood too often by people who are introduced to this world though thank you for that. They usually sort of say has also is is when I talk about traditional blockchain, Mus the broadcast method and I do it in in Taiwan to Taiwan fifty years ago you when you got when you got married, you didn't need to register to to get married. You you you just had a big dinner. You had a big new invited everyone in the village. To. Front of everyone the village said I'm marrying this woman and therefore everyone knew you're married you didn't have to register anything but the fact is that everyone knew it and then it became a fact and that actually sort of this is a consensus method in in in an old version. Indeed indeed. Thank you for that The. World Trade Organization estimates that between eighty percent and ninety percent of global trade relies on trade finance. Yet, there is a one point five, trillion dollar gap between the market demand and supply for trade finance something, which I'm sure was co Vina's has probably increased US instead. And KYC and am. L. Requirements remain the most cited barrier was high transaction fees and low credit ratings running up the top three SME's remain disproportionately affected by these and other bears experiencing a forty five percents rejection rate on proposals, which is much larger than than seventeen percent seen by multinational organizations. What are your views on these challenges? Again International Trade. It started out of minutes it's been going on for a long time. You always have this distrust deficit when you have a buyer and seller in in far off countries now that trust deficit is a little bit easier to manage now because you have the Internet and you can see people online and you can skype them and talk to them and Imagine what it was like when you you had to put money down for shipment that would come three months later and you didn't even know the person you only known by a letter right so obviously, it's gotten a lot better with with communications nowadays but I'm in the challenge is really for for SME's is is related to data right because a bank. Bank as a as a lender right as a facilitator of of credit. Is. Looking. To to not make a mistake banks don't really have to. A. Lot of banks goals is is not necessarily to make money but don't lose it. Right and they'll make mistakes on credit and it's very hard for SME's to have A. To have enough information or the information that they have is not sufficient to tick the boxes on a traditional credit scoring sheet, which which the banks us

Fintech SME United States Asia World Trade Organization Banks Bank Taiwan International Trade Finn Intech Boston Standard Charter A. To
Galapagos Island Shark Population In Danger From Overfishing

Environment: NPR

03:57 min | 6 d ago

Galapagos Island Shark Population In Danger From Overfishing

"Sharks in the Galapagos Islands are being decimated by fleets of fishing vessels many of them Chinese and that's bringing these vital creatures to the brink of extinction. Turn is a professor of biology at the. San Francisco Kiko in Ecuador and he's advocating for an expansion of protected waters in the area to save the sharks and he joins us now professor her welcome to the program. Thank you. It's great to be here. I understand fleets of international ships many of them. Chinese. Come to these waters every year and they're they're now what brings them. Well the waters off Galapagos and just in this region of very, very productive Galapagos islands are in a big obstacle in the middle of the ocean. So there's a deep cold water current that's flowing from the West and when it hits, the abacus platform is diverted at the surface and that creates a lot of productivity. So we get very rich fishing grounds and also fantastic biodiversity. How many ships are there? How many sharks are there? And you know what is this situation? Exactly as it stands at the moment, will galapagos is home to about thirty odd species of sharks, and some of those are critically endangered such as the scalloped hammerhead shark, and some of those are also highly migratory, the scalloped hammerhead, the Silky Shark, the whale shark, they all leave the borders of the marine reserve, and then they're subject to different levels of threat. So these vessels come into these waters and while they're fishing for other species, they catch these sharks in their nets. Yes depending on the method of fishing the longliners perhaps the vessels that we would be concerned about these are extensively fishing for tuna, but they will also catch several endangered shark species. During their fishing. And we know that if they do catch these species than they will retain them and keep them on board. So. These vessels though we should be clear aren't doing anything illegal they are allowed to fish with fishing. So why exactly are shark populations still taking a hit right? These vessels operating in international waters and depending on the fleet, they'll be operating under a regional fisheries organisations. The problem is that the species that we're trying to protect in Galapagos don't understand any of that. They go whether they WANNA go. As the problem is that once they leave the protective waters of the marine reserve, they're immediately under threat. There are hammerhead foraging grounds out in international waters and numbers have declined. There was a study cocoa sign, which is our neighbor in Galapagos, and they found that hammerhead sharks have declined by about forty five percent since the creation of the marine reserve, which is not the result you would hope for. So what you're advocating for an expansion of Ecuador's marine reserves, right that would help protect these areas of marine diversity and also. The. Shark. Species. I'm advocating on several levels I think first of all, we need to expand our reserve and this is something that we can do as a nation within our jurisdiction but I think we also need to play a more prominent role in the development of the Biodiversity Beyond National Jurisdiction Agreement that is currently in the works, and this will allow for better protection for these species. Once they're in the high seas, it will even allow for the creation of open water or high seas, marine protected areas. So I think we to work on several levels. The international waters needs to be considered in a more conservation perspective than they have been until now. Alex. is a professor of biology at the. San Francisco, they keep in Ecuador Professor Arun. Thank you very much. Thank you.

Sharks Galapagos Galapagos Islands Professor Ecuador San Francisco Alex.
Deep Dive on Dave Ramsey's Investment Advice! (Financial Advisors React)

The Money Guy Show

05:49 min | Last week

Deep Dive on Dave Ramsey's Investment Advice! (Financial Advisors React)

"Yeah Brian. So this what is going to be kind of interesting? We sort of asked the audience out there. Hey, you know we've talked about Dave's investment advice in the past. Would you be interested if we did a bit of a deeper dive? What are some things that are good where some things that maybe aren't so good what's our take on it and there? Was a resounding yes. From the audits that they wanted to hear it. So here we are to share our thoughts I feel like we need to lay out some ground rules though I mean we do live in Franklin Tennessee and we're kind of in the backyard of the big dog himself Dave Ramsey, and here's the thing you can't live in our parts and not have. Neighbors, people you go to church with you know there's a lot of you know of Ramsey solutions that are all in the community, and by the way if you were here thinking you see a show were Ramsey solutions are Dave Ramsey is trashed. You're in the wrong place. We have tremendous respect for Dave and I think if you even as we poke holes in some things that I think Dave is going to astray on and you can improve upon there is no doubt that Dave has done more good to the financial world than anything else if we just wanted to kind of look at some of this quick accomplishments, he has over fourteen million listeners to his weekly radio show he sold over eleven million bucks. He has this says, this is from the website over eight hundred team members I know that just because some friends whether it's like nine hundred and fifty employees think about like how many lives is impact in this? Is just absolutely remarkable more than five million folks have gone through financial peace. University. So if you do this exercise awhile backbone I can't remember you saw speaker somebody in you named out some big brands you'd come up with one word to describe them, and so if you throw out Ramsey solutions, what's the one word that that comes up in my mind? It's debt. Think Dave there is nobody that gets you out of debt better than Dave Ramsey. So what I'm trying to figure out those we know Dave, does so much good with getting people out of debt he talks about the eighty percent that's behavior that yet twenty percent that's in your head. What does that mean towards investments because is, is there space to know that there may be some additional things that you ought to consider? Yeah. So one of the things that I think is amazing I will have a family members or relatives who I tell them all the time about, hey, here are the things that you want to do to like get a credit card debt or pay this off in no matter what. I say how communicate somehow it doesn't doesn't sit with them but in all of the sudden church offers like financial peace university, go through it and they come tell me how you will believe what I just learn their own far for the concept. I've been telling you this for like months and years but what ends up happening is they kind of get through that interational and they do say okay now I'm ready to. Start Building Wealth, and this is what Dave said about investing, and that's where I always have to kind of say. Oh, well, maybe that's not exactly perfect. So let's I. Want to go a little deeper because Dave does talk about the eighty percent. This behavior twenty percents head space will there's also I think it goes beyond that is that we know that the lion's share of Americans struggle with basic things what I consider. Commonsense of they can't get out of debt. They don't have the disciplined understand it, and we've often said there is and you just mentioned it. There will come a graduation or a jump off point where you need to go beyond common. That's right. So I, think that's where we fit in. We are not the eighty percent or the portion of the public that struggles with basic behavioral stuff we know that our audience are maximized. Money Masters we know that if this doesn't hit you, it's just you're not there yet we are focusing on the twenty percent that wants to make sure every dollar in your army of dollars has a purpose and knows what they're doing and you WANNA maximize it. So that's what we're going to focus on, and that's what we're going to look at it through that lens to see how does Dave's investment strategies? How do they fit in what we know is financial advisers about wealth creation. So if we're GONNA talk about areas where possible he misses it a pasta hits at one of the questions you might be asking what is Dave Ramsey's investment advice so we actually went. Out to Ramsey solutions and I think this is on Chris Hogan's website, and he basically lays out how to diversify your portfolio. If you're structuring investment portfolio, Dave likes using mutual funds, he likes using active mutual funds and he thinks that an investment strategy should look something like this twenty, five percent and international twenty, five percent growth and income twenty five percent aggressive growth in twenty-five percent and growth that certainly sounds easy. Doesn't sound like that's a hard thing to put together. Well, it sounds very broad and it sounds very growth oriented but I do like I think this is something that got fine tuned Chris came in as part of Ramsey solutions is he goes a step further. Tells you what are those broad descriptions like aggressive growth growth and income? Is there a large cap mid category international? So what's what's the deeper dive on that? So if you look at the details growth and income, these are the big companies is the ones that have a market cap of ten billion. Well, if you were to ask us the money got show rebound wealth what that is that's really large-cap. Holdings large cap US companies well, then they said there's this growth asset class naturally tends to be companies that are somewhere between two billion to ten billion dollars. Well, we would just call those mid sized or mid cap companies, and then there's this aggressive growth high risk high returns. These are companies that are smaller they're less than two billion. So we just call that small-cap now, all three of these are us. US large cap us mid cap small cap, and then lastly there's this international bucket companies that are outside of the United

Dave Ramsey Ramsey Solutions Chris Hogan United States Brian Franklin Tennessee
6 Ways to Survive Survivor Guilt

The Savvy Psychologist's Quick and Dirty Tips for Better Mental Health

05:00 min | Last week

6 Ways to Survive Survivor Guilt

"Have. You ever made it through something awful or survived a disaster and instead of feeling good, you felt this heaviness in the pit of your stomach. When. Tragedy befalls those around us. But leaves US unscathed. Some of US feel really guilty. Welcome back to savvy psychologist I'm your host Dr J. Woo. Every week will help you meet life's challenges with evidence based research, a sympathetic ear and zero judgment. Today we talk about how to understand and cope with survivor guilt. Survivor. Guilt happens when a person perceives themselves to have done something wrong by surviving catastrophe or injustice while others died or suffered. Its intensity can. Shoot from bittersweet to all out despair. Survivor guilt is conventionally associated with large scale catastrophes like the battlefield or a plane crash, but it can actually pop up in more common situations to. For example, one study found that about sixty, five percent of cancer patient caretakers, experience survivor guilt. Anyone who has participated in a cancer support group will recognize the many layers of grief after the group loses one of its members, the survivors ask each other. You know, why did she die while we're still here? She was so kind and giving in behind to kids and grandkids. Why are we the lucky ones? In Two Thousand Twenty, survivor guilt might be even more salient than usual. For example of CO, Grad student from Florida despairing over the fate of his family and country while he studies physics and Germany watching the coronavirus number. Sore at home. He, says, I didn't do anything to deserve being safe. How can I sit here and play with equations all day when my community back home suffering? And what about survivors of economic devastation? A employees who keeps her job while her equally qualified co workers laid off in a large scale. Corporate rightsizing might feel uneasy about her unjustified privilege. Why not me? She asks, do I really deserve to have this job more than my co workers did? Finally and tragically. Survivor, guilt has been a well-known experience among war veterans for whom this experience can be Ashley a significant risk factor for PTSD and even suicidal thoughts and attempts. In a research study interview, one veteran recounts. The only thing I've really had issued dealing with was when I got wounded how I came away. Relatively Scott free. If you will, whereas the guy on my right died and the guy, my left can't lift his arm higher than this anymore. and. There are scores of examples, but in general survivors have some of these themes in their experience either alone or in combination. Theme, Number One is guilt about surviving. This is what we classically think of ask survivor guilt. If you remain safe while other suffered in an accident in a war and the covid nineteen pandemic by being granted asylum, you may feel you don't deserve your safety believe that you should have succumb to. Question, the wisdom and fairness of the world. And theme, number? Two is guilt over what you should have done. You might feel guilty that you didn't do enough. You should've known. You should've tried harder. You should've worn them, maybe try to rescue someone from addiction, for example, but failed, there's an over exaggerated sense of failure or responsibility. If only I had done something differently. Another theme number three is guilt over what you did. You may feel guilty for things. You did instead of feeling guilty about things you should have done. You may feel guilty for things you Ashley, did do for example from running without looking back for your friends while escaping the burning building or escaping poverty by leaving your family to go to college. Or. You may feel intense guilt for things that you did. That were mere coincidence. On the day, the music died in one, thousand, nine, hundred, thousand, nine, country music star Waylon. Jennings. was supposed to be on the plane that killed musicians buddy holly, the big bopper and Ritchie. Valens. When Jennings told Buddy, holly, he given up his seat as a fever to the flu stricken big bopper and was going to take the unheeded tour bus instead holly joked that he hoped Jennings, froze on the bus. Then twenty year old Jennings joke back while I, hope you're all plane crashes. In an interview decades. Later, he said God Almighty for years. I thought I caused it.

Jennings. United States Ashley Holly Dr J. Woo Buddy Ptsd Florida Scott Ritchie Germany FLU Fever
"five percent" Discussed on KCBS All News

KCBS All News

01:49 min | 9 months ago

"five percent" Discussed on KCBS All News

"Five percent discount right off because of mission conditions including under lessons updates analyst over thirty three yes this time twelve twenty eight first for traffic to the traffic center and Frank where we are hearing of the stole the jokes north of Santa Rosa this is in Fulton on the river road off ramp from southbound one of one that core partially blocking the offramp we have the CHP now on screen not much in the way of trouble in terms of stall for accidents but we do have some isolated flooding in fact we have the two middle lanes the inside of the macarthur tunnel on northbound highway one as you head out of the presidio and towards Golden Gate Bridge with between three and five inches of standing water in those to middle lanes we've also continue to hear all of us some standing water and flooding on the connector from north bound one of one over the eastbound eighty in San Francisco looking incidentally at our instead view camera the bay bridge tolls and really starting to see that rain and some wind to pick up we have a high wind advisory in effect for the same Matteo bridge the Dumbarton bridge and the paper JM did that your next update this into a twelve thirty eight on the traffic leader they are expecting more rain for the overnight period with lows in the forties and fifties wind gusts up to forty five miles per hour as well overnight and then later today up to fifty mile per hour gusts of wind we'll see highs today in the fifties and sixties traffic and weather together on the eight Sunal news one of six nine AM seven forty KCB right now a five four jug of napa full.

analyst Frank Santa Rosa Fulton macarthur tunnel Golden Gate Bridge San Francisco Dumbarton bridge napa bay bridge Sunal Five percent five inches
"five percent" Discussed on KSFO-AM

KSFO-AM

04:38 min | 9 months ago

"five percent" Discussed on KSFO-AM

"Five percent discount right off because of mission conditions including under lessons other states an analyst over thirty thirty Sunday kids learn about the trump Russian investigation in school maybe they could just point a few seconds okay as opposed mark Levin show this is the greatest scandal in American history there's nothing that even comes close for two and a half years this nation was dragged through the sewer as the president of the United States was accused of colluding with Russia and we're told about it day in and day newscast after news legal analysts and experts connecting dots there were no doctors the president called Hitler the president called muzzle leaning the president called Stalin the media aiding and abetting the Obama administration AT and abetting a lawless senior FBI official lawless senior intelligence official lawless senior state department official the New York Times The Washington Post CNN MSNBC you name it all in on it the lights from beginning to end learn about history while it's being made from mark live in weekday afternoons from three to six on talk radio five sixty KSFO remember when you were a kid you used to go over your aunt's house she had that dish on the coffee table full of should Nick your wife does a deprivation tank once a week talk to me about this are fascinating good morning you know I always look at this radio show and like the KT did say your aunt's house there's always something Yummy in there but don't always know what it is good grab a handful of Brian Sussman make KSFO morning show we talk radio five sixty KSFO the voices you know Susman in green rush savage mark Livin and Sean Hannity all on one station talk radio five sixty KSFO Hey welcome is is the Ben Shapiro had a lot to get to this out a little bit later on in the hour chick fillet utterly cades to the cultural left because things are getting terrible and they become more terrible each day in the country that's exciting stuff will begin at this hour with the Democrats latest move when it comes to impeachment gate twenty nineteen that is there going all the way back to the mall or report cited the mylar partner going only back to this thing according to Reuters the US house of representatives now probing whether president trouble light in his written testimony submitted to then you as a special counsel Robert Muller as part of the completed federal investigation into Russian meddling in the twenty sixteen election according to CNN house lawyer told a federal appeals court in Washington on Monday lawmakers were examining whether trump's written answers to federal investigators were truthful house wares disclose the investigation into drums written responses in September they said in a court filing materials from the Miller report could show that from was not honest about his knowledge of the campaigns contacts with wikileaks which published emails hacked from the Democratic Party so they're going to rely on the trial of Roger stone who of course was trying to funnel information from wikileaks over to president trump there's no been convicted of lying to Congress about all that lying to investigators about it the redacted Miller for materials have will direct bearing on whether the president was untruthful and further instructed the special counsel's investigation when in providing written responses to the special counsel's questions he denied being aware of any communications between his campaign and wikileaks now the reality is that his campaign did not include Roger stone Rogers does not a member of his campaign is sort of an informal outside adviser last week trump's former deputy campaign chairman regauged suggested in testimony during a jury trial in a criminal case that from talk to Roger stone about wikileaks during the twenty sixteen campaign gates's testimony appear to conflict with sworn written statement that trump gave Miller is that I do not recall discussing with the lease with stone from brought nor do I recall being where Mr still having discussed with the lease with individuals associated with my campaign of course stone had said it differently so is that from the line well I don't recall is definitely a defense too he's lying a typically it's been defense to his line but Democrats going back to the well on everything Muller related meanwhile president trump offering to provide some sort of written testimony perhaps to the new impeachment inquiry according to The Washington Post trump said on Monday he will strongly consider testifying in writing as part of that impeachment inquiry at the outset of a week in which eight current and former officials are scheduled to publicly testify about his controversial actions regarding Ukraine president trump said he might take up house speaker Nancy Pelosi on a suggestion she made over the weekend in a tweet this morning he also claimed that the rules I think we had been raped by policy and house intelligence committee chairman Adam.

analyst Five percent
"five percent" Discussed on 710 WOR

710 WOR

01:53 min | 11 months ago

"five percent" Discussed on 710 WOR

"Class of the ninety five percent consistently lose money yeah you know you say he you know you really believe that they're out there they're saying I don't want to be poor and and you know it goes back to you know kind of a a life long lesson the that we shared with me at a young age and it's like well you know you don't want to be port we sure act like you do you know an action speak a lot louder than words and so many times you will hear some he said well I don't want to be in this situation we sure act like you do because the some where we are in life is the sum of all the decisions up until this point time period right so if we don't want to be in the situation we're in number one stop acting like it because acting like it is what's got us there right so change kind of changed the whole approach really everything that we're doing and you know we go back through poor the whole passing over opportunities repeatedly again not taking advantage of an opportunity to say I'm not going to do that right now that is taking an action that is opportunity avoidance that takes us right into that poor mindset and it's one of the commonalities that you'll see over and over I see I I've seen and heard people come up with every single excuse I imaginable I have heard the phrase might ducks aren't in a row I don't know how many times and if I hear it one more time I actually may vomit because it is the oldest and the lamest excuse I've ever heard you want what you want to know why your ducks in a row because doc start ever in a row it's an excuse people use to not face their own issues and to not have to put any effort against it it is so much easier to do nothing and just sit back and complain rather than do something in own where we're at and try to make the necessary changes to make things better now one of the places where you can really get started off with this is really getting that education getting that foundation built take those first steps of getting over the fear because it's usually the fear the told you back and where can you do that but out of one of our classes and right now before the break Larry how but we do another give away let's do it right now I have a.

Larry ninety five percent
"five percent" Discussed on 760 KFMB Radio

760 KFMB Radio

03:06 min | 1 year ago

"five percent" Discussed on 760 KFMB Radio

"Five percent. You know. And you do you do your own internal polling, so you can't dispute and say, well, those are polls don't by other people or we're not going to go buy a Fox News poll. You do your own internal polling. You see your own internal polling shows shows this, and you're open and transparent to the candidates about it. Here's how we're doing it. And if one of them complains fine, but you just you, you can't have why it's I love it because it's going to be zoo, but I if it was my political party, I'd say, no, I want, I want it much more focused, even from the beginning, you know, you look at the overall impact of the debates, and there is some impact, but the greater impact right now, social media, that's where you do your stumping. That's where you gain energy. It's exactly how. AFC got elected, actually, the that kind of campaigning is what is paramount. The debates you're, you're more and more. You're competing for the attention in anything in any broadcast, whether it's sports or anything else. The, the attention span of any given viewer right now in our society has dwindled greatly. So, you, you look at this, and if they're going to they're not even gonna break ten minutes, each collectively or totally on, on their speaking time. Then what are you doing? Well, and if you look at it because I know someone complain we'll wait a minute. I'm pulling higher in Iowa. I'm pulling higher in New Hampshire and those are the first ones and I should be able to get a chance. But if you look at this national Iowa New Hampshire, the RC people averages top five all the same nobody over five percent. Except Harris Buddha. Judge warned Sanders and Biden, whether it's national Iowa or New Hampshire in the P across the board, Polack, right? So there's your debate there's your debate. So you really can't sit there and can cause the next one will really be a work, and he's at three point six national four point four in Iowa and three in New Hampshire. Their campaign complains fine. Now, the only point they're gonna make is Trump at this time in the Republican was only at a one and so one can still win. And it's so early out. Yeah. Again, that which goes back to the handshake, it's almost like it's an obligation here. Feel obligated? Okay, fine. Seem fair and then we're going to get tougher as we go along. Right. But it does nothing but by September you can't have an August. You can't have ten people. The trade off the, the quid pro quo here is that for those of them, you know, except for the nine that are still pulling Sierra. You're looking at the end of it all to have them at the convention. You treat them fairly and then hope that summer of next year. They're there for you. And they bring the, you know, two or three people that were supporting them. I can't wait for the Howard Schultz debate with himself. Yeah. He's probably already having eight eight six six ninety redeye..

New Hampshire Iowa Fox Howard Schultz Polack Trump AFC Harris Buddha Sanders Biden Five percent five percent ten minutes
"five percent" Discussed on KTRH

KTRH

01:32 min | 1 year ago

"five percent" Discussed on KTRH

"We appreciate how important it is in our lives. Couldn't be more right? I'm getting tired of fish. The big emergencies happening to let that happen. But you're absolutely. Our shouldn't have to wait for emergency to appreciate our loved ones. But. Unfortunately, sometimes that's what it takes. I know that I appreciate her more as a day. I have had more friends to have a heart attack. And as a result to stop count their blessings. We have a natural tendency to chase that which we don't have in. Once we bring something under our dominion, we say, well, I control that I own that I have that that's official and move on. Our wife our kids our job, our health, our families our parents. We, we have a tendency to say, well, I've conquered that salesman. It's like taking for granted. The ninety five percent of your business. You already do have in hopes of adding the five percent marginal. And you don't appreciate what about the clients that have been with you. What about the folks that were with you during the tough times, and it's unfortunate that sometimes we have to have an adjustment like that to stop realize you know what? I've got it really good at home. I've got somebody really special in my life instead of worrying about all the things. I'm not be grateful.

salesman official ninety five percent five percent
"five percent" Discussed on WJR 760

WJR 760

02:25 min | 1 year ago

"five percent" Discussed on WJR 760

"Those built be active documents to help you get the most out of your financial life is critical and what about for a married couple making sure that both spouses are actively engaged in all interactions with financial planner. So we are all very busy. We divide and conquer and we have to respect that. But what the mistake is is we aren't inclusive. So if the man or the woman are taking one's got the investment plan in one has the daily financial household management. We have to talk to each other to make sure the right and left hand know what they're doing when we get disconnected. And and don't have a sense of are we on track for our financial security your personal definition of financial security, which may be different than your spouse's. That disconnect can then create some distrust, not only in your relationship, but with the financial advisory team, you're working with. It's okay to have different motivations in goals. But you have the middle ground, and you have to talk to each other even unpleasant things have to come forward in the process. You know, it's really interesting. I think that that that definition is different ninety five percent of the time the financial security for the husband is different than what financial security is for the wife. And so what it reminds me of is let's say that a couple wants to build. A new house and they're going to build it from scratch. Well, obviously, you don't just go by and take a snapshot of a house from your phone or smartphone, or whatever and take that picture over to Home Depot and say, hey, this is the house I want give me the materials that I need to buy. No, you've got to start out with an architect. And right now, what couple would allow only one person to go speak to that architect and tell them what they want the house to look like because I'm going to guarantee you that there's things in the house that the husband wants that are totally different than things in the house that the wife wants, and there's some of the things that the wife wants the husband doesn't even care about and the husband wants to wipe doesn't care about. But they have to come together talk about there's going to be compromised because they're both going to live there when you're talking to a financial planner. There's things that each of you want that are different than the other. And if you don't both voice those things, and they're not listened to from the financial planning perspective. And you don't talk about those in reached the common ground. Then you're never going to be able to have that one ideal financial life that you really want that to me is what the heart of financial planning. Is all about it is understanding just like an architect needs understand what you want to build the financial planner needs to understand what is your financial life..

Home Depot ninety five percent
"five percent" Discussed on KTRH

KTRH

01:49 min | 2 years ago

"five percent" Discussed on KTRH

"One three eight one one I've got farmers lined up on my call board here who are suffering from tariffs If we put twenty five percent tariff hey tax on cars in this country We will have members of the u. a. w. who work on assembly. Lines and those who work on parts, subcontractors, be lined up calling me too This isn't a theoretical debate this is reality we know what happens Some people benefit. One government steps in More people don't That's a fact It's a fact when you talk about raising. The minimum wage Government intervention again it is a fact when you raise income. Tax is a fact when you raise the number of regulations it is a fact when you put a tax on. Goods that the American people purchase and call it a tariff it's, one of the reasons we have fought the value added tax which is a. Federal sales tax which would drive up the cost of things If you're honest with yourselves you understand what I'm talking about you do. Not go into the grocery store looking to pay higher prices when you go look for a car you try and. Negotiate a lower price when you buy a dishwasher washing machine dryer, you look for the best deals you look online you look a retail stores There's a reason why states have..

twenty five percent
"five percent" Discussed on KGO 810

KGO 810

03:26 min | 2 years ago

"five percent" Discussed on KGO 810

"Laws nearly forty he lived at home for most miserable life he worked at a video rental store until a couple of years ago was not worked since he's exceptionally intelligent with the college degree does not use drugs is just not interested in doing anything yeah there you go you don't know sometimes i ask questions lash make accusations to see what comes out of the bushes and that's really interesting to me a guy like that just complete lack of motivation you know some would say complete lack of pride i would find that to be unspeakably humiliate are you born with that or do you does a does a the crate that in someone you know all of us look forward in yourself and those you're close to we all want to make our positive attributes matters of character and are negative attributes matters of genetics as just maybe that's medic but there's no doubt that a lack of i don't know shame or whatever in society takes away a lot of the motivation the 'cause a lot of people do love to do a lot of things throughout history yeah you shouldn't wanna be embarrassing well my question always about these genetic nature nurture questions is you know you you have a certain genetic tendency can you shift the way you live by five percent like i got the lazy gene i mean clearly i've shifted it a fair amount can you shift the five percent or seventy five percent now people who are looking for excuses always make the argument that there's nothing i can do born this way but i don't know the answers to these questions but they do intrigue me recently my family of five and i moved out of my parent's house family of five fee and his wife and three kids i need a square footage they're it's all about the square moved out of my parents yeah i got i got a buddy and his he's had various like mom lived there and kidney condition but he's got like a six thousand square foot house he doesn't even know they're there who you gotta call him on the phone to figure out if they're home they only got their own living room and bathroom and different entrance and so you know what does that mean i want to guess how someday got a guest house i looked at at a house stay over there i looked in a house on it had a slave quarters we're on the air whoa former folks our last show not advocating slavery clearly are considering it what did you shopping he was shopping for a property with slave quarters i was actually looking to rent a place in his guy owned the house news renting out what used to be the slave quarters what she just said like his nonchalantly is could be was this in the carolinas yeah and in charlotte wow this is a really beautiful very old house wine behind and had a smaller house he said yeah this this has been a family forever that was the slave quarters just like with no irony or isn't that interesting or just statement facts yeah yeah wow i'd read that lease really really carefully why are you get up so early hey yo sleeping wow wow that's that's has.

five percent seventy five percent
"five percent" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

02:00 min | 2 years ago

"five percent" Discussed on Stansberry Investor Hour

"At any year i mean that's the normal mortality for those kinds of ages i don't i don't wish them death i mean i go both very nice people i just think that they have made some very important mistakes and how they've allocated capital and i think the solutions very simple i don't know what will happen because i don't have any insight to the board members at berkshire and i know that buffet would prefer the company not be broken up but i think you can make a very compelling case it would be much better for shareholders if berkshire split into businesses one is a industrial conglomerate essentially an unlevered general electric so the own they own railroads they own car manufacturing they own what do they what's they make all kinds of stuff i don't wanna get into the details they own industrial businesses and that probably is worth something like hundred fifty billion something like that oh they've got the big energy company too so that's a very highly capital intensive very secure business that you would that you could load responsibly not like g did you could load responsibly with long duration fixed rate yet so you could leverage that business seventy five percent to equity so you know you you then you have a very good business because yes it has maybe five percent return on investment capital and it has maybe a ten percent or twelve percent return equity because of the leverage so it's it's a it's a nice very stable business that's growing along side gdp and pays a big dividends so it's the kind of business you'd wanna own if you're retired and you needed safe income fine on the other hand there ferrari is there is there insurance companies and their best in class consumer brands businesses and those businesses are typically owned equities.

ferrari seventy five percent twelve percent five percent ten percent
"five percent" Discussed on KTAR 92.3FM

KTAR 92.3FM

02:04 min | 2 years ago

"five percent" Discussed on KTAR 92.3FM

"And the number three it's ridiculously stupid you're gonna lose the money and guess what the student loan debt is still going to be there and then you're gonna wanna encourage about how unfair your little victim but life is on believable i mean if it was five percent of students are borrowing money on their student loan i'm investing in bitcoin that'd be one percent this is a substantial level of stupid twenty one out of five lineup five college students were student loan that one of those idiots put the money in bitcoin oh my god this is unbelievable i mean just which you know it's like a game show pick the idiot yeah you're an idiot hiring is done i really do i mean because i if you wanna put money in there though because you philisophical you believe in the freedom of currencies on the internet and all this bs but basically it comes down to you're trying to get rich quick and you're investing and i highly speculative unproven financial product line currency cryptocurrency and there's a high probability you're going to get bitten the but because of this you're most likely going to lose all your money now we'll cryptocurrency eventually get its footing and eventually turn into a legitimate currency at some point tell you to invest in it you're going to lose your money i don't tell you two invoices best in the iraqi dine are either you're going to lose your money put money in.

five percent one percent
"five percent" Discussed on CRYPTO 101

CRYPTO 101

02:02 min | 2 years ago

"five percent" Discussed on CRYPTO 101

"That you can actually have decentralised money even if they're buying bitcoin like all these people right now that are setting up accounts on base probably ninety five percent of them don't really understand that this is a decentralized value transfer system right you know they get that it's like digital money be ends but it it it you basically have to church question and challenge your own assumptions about money that you are condition to believe since birth basically to really understand that a third party lists trust minimized decentralised money system as possible so the argument is you know if uh if the fees are higher than visa you know why would anybody use basically right so for instance bitcoin starch dropping in price starchy cratering you know all these new people are going to be like i'm losing money and every time i try and move it i have to pay twenty bucks you know he's crazy right this was like a ponzi i got i got duped into a ponzi scheme so that's like that's like a fair argument i would say uh and then the other argument is basically the bitcoin core argument is at this point in reality it's nearly impossible to scale bitcoin to the masses and thus we need a second layer solution essentially where what we do is we maintain decentralisation by keeping the bloc's ice cap as low as as as humanly possible centrally and we try and use great engineering techniques to minimise the amount of data that actually has to be used by someone spending digital currency that this is basically segue such that the number of transactions that are occurring are each using less data and therefore the block sized growth is going to really be impeded we can keep the bloc's ice cap minimal and weak.

ponzi scheme ninety five percent
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:41 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"I think what the markets telling us here is that at the very least there's going to be delay in the closing of the steel it is not gonna close by year end it looks like it's can he pushed into 2018 you know i think most investors that i've spoken to her last couple of days continued believe that the deal will close with modest modifications if any but that this may go to court which then pushes the timing out of this deal out well into 2018 if not beyond and that is what we're seeing in the aarp spreads today jennifer just quickly let's say you were a lawyer at the department of justice and you didn't receive any telephone caller communication but she knew the perspective an attitude of people in the executive branch could that influence you we'll certainly in that's another complication here this may not have been a direct communication but it just could be a desire to you know caltech yeah all right well we're going to be following this and just to give you an update those shares of at t they're higher right now by one and a quarter percent shares of time warner they are down by more than one and a quarter percent thank you very much for joining us jennifer re antitrust analyst for bloomberg intelligence and of course pulse when a us director of research and our senior media and internet analyst for bloomberg intelligent i will just adding i have seen conflicting reports about what the motivation was and how this is being and so it is there still is a lot of question about what exactly is going on here in the doj stance yes and while we won't know until we know thanks for listening to the bloomberg pnr podcast you can subscribe in listened interviews at apple podcast soundcloud or whatever podcast platform you prefer.

the deal jennifer analyst us aarp department of justice executive bloomberg director of research doj apple
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:46 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Jennifer as an expert in the world of antitrust law i know that mr sweeney he's trying to be a little bit diplomatic here and you know 'cause he's because we don't know what's going to happen but i'm warning from the legal perspective what is different about this particular situation compared to all the other situations that you've seen that is the question i mean that's the question the doj would have to grapple with it if they actually go to court to try to sue to block the steel because there is a very long history very strong precedents for this kind of deal in the same space as well as other vertical deals in different spaces that raise the same kinds of concerns an impossible harms in which behavioral concessions were just fine to fix these problems jennifer lets us zoom out i mean is this legal is this okay and let's say that the the real issue here is that president trump and this is just it's delving into the conspiracy theories this is where everybody talks about when they're not on air which is that president trump doesn't like cnn and basically instructed the department of justice not to sign off on this agreement unless eyes cnn was sort of left at at the steel first of all is that a plausible reading of this or is that vastly misinterpreting the issue number one number two if that is the case is legal well start by saying i certainly think it's plausible and the reason i think it's plausible is because this is such a departure it's it's it's an and this is something that they're sort of bipartisan agreement on amongst both democratic and republican on antitrust practitioners and officials that this kind of deal doesn't generally cause significant harm unusually that harm you can fix that the behavioral remedy but here's the difficulty that the complexity of this is that there is an argument.

Jennifer antitrust law mr sweeney doj trump cnn president department of justice
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:31 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"If we talking about things like you know an any see i mean is there any particular model or any particular technology is backlit el cds it all led what what kind of stuff is popular lafourcade tvs are really front and center tv's are a perennial holiday tech gift and a lot of people look to holiday time to to upgrade their flagship display or just add to the tvs in their home but this year uh we're seeing really on balance just a massive wave of 4 k tvs 4 k hdr tvs the deliver just incredible entertainment experience and as usual the deals for these tvs are better than ever that the best deal that i've heard of so far this season is going to be a best buy and that's a fifty inch 4 k tv four one seventy nine instore only so that just kind of underscores the kinds of deal hundred seventy nine dollars that's right as young inch television that's right and if you want to go bigger of course of there are lots of deals out there i've heard of light up to seventy inch tvs for under two thousand i hope it has been is not listening to this i don't like that my him do you have any for this okay so all right so having said that what about all the accessories that go with this whether it is the sound bar and the uh you know base enhancer for audio and what about things like even home cedar equipment.

4 k hundred seventy nine dollars seventy inch fifty inch
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

02:18 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"To move the dot was that but we're coming to the negotiating table veerachai becker our import are either got competitive or lauck by knob economic mean by china uh our ip being ripped off and on career we're coming asking china uh we have an actor and career we have an after without drive it feet uh we have an african craig what chinese act here there ariel it just it gives you a quick thoughts though on the relationship i'd like to know between china and south korea in the military context because those sad missiles that are being deployed they made by lockheed martin and we might see themselves quite a bit more of them now i hope so we need nipple the fence we need mick will be or recur implement what we need mental differ about can intergrate better i be an intercontinental ballistic missile envy or where we have altogether thirty creek uh leftover over can increase viewer take that it wholly coli insufficient yeah gear possible north korean attack i've written about that right we need mainly war intercept door in the us as well yeah area that cohen thank you so much for joining us ariel cohen is a senior fellow at the atlantic council also a principal with international market analysis in washington d c talking at that president trump's trip to china this is boots two today fixed income demands more than a fixed approach it means staying ahead of everton's in markets making the most of traditional strategies but also looking beyond and not just finding opportunities for investors but creating wrong we didn't and then think stankowski we reinvent every down ten all investments contain raskin alban's volume investing on the bond market is subject arrests consult your investment professional prior to making an investment decision.

china south korea lockheed martin mick us senior fellow atlantic council principal trump everton north korean ariel cohen washington president raskin alban investment professional
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

02:48 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Oil and trade uh also on or joey pretty little worn so uh why we walk away from the trans pacific kurd craig uh agreement uh we are no longer leading on trade in the pacific and we are in a whole uh visavis china trade regarded or seven billion dollars in fighting memoranda of understanding of it career in the sector calmer about billion the member i live pitting two hundred billion nevertheless uh a droplet of bucket very little in terms of changing the dynamic all the khrais around and walking away from big gaping rift with united in china area can you just give us a sense of what's been accomplished with president trump's trip overseas and and i am asked that not only in substantive terms but also in sort of soft relationships that the us compelled on who away uh incur good relationship with japan he's crate who the relationship uh we probably are going to be supportive in the rear arbor of your air and possible maker them back possibly you were a major or your corporations are going to sell technology or so japanese incurs a south career uh utah a a harder than 80 degrees thirty road in so what president trump uh what are starving bellicose uh but he in our to threaten to use for me in north korea will he crossed the red line will hear you court i do not know uh but he want to walk like he is going to you four to bring him to the negotiating table charlotte to help by retreating are going to give it more whether it's going to be effective were locked we don't know how the majority of economic against countries fail v k everybody quote south africa but i would argue with greek jaeger it will aid so we are in a very precarious situation in through a wide the three aircraft that group there in terms of trade uh you heard what i said i'm not terribly proud it better than nothing it i hope we will be able to position.

trump utah north korea red line charlotte joey china president japan south africa seven billion dollars 80 degrees
"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:51 min | 3 years ago

"five percent" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Coming up on bloomberg president donald trump is set to deliver remarks to the apec summit that is taking place in denying viet nam and the topic there has to do with protectionism trade and also security threats in the guise of north korea here to help us understand more about this is ariel cohen he is a senior fellow at the atlantic council on the principle at international market analysis aerial thank you very much for being with us i wonder if you could just sit has set us up for what you believe wool result from this apec meeting because simultaneously with the meeting taking place in denying wonderful irony that the uss ronald reagan the uss theodore roosevelt and the uss nimitz three a aircraft carriers are holding military exercises in the western pacific in that's unusual is it not it isn't it is taking into account our deteriorating situation in the caribbean into a i am not sure with the crowd re goal any thing going forward visavis north korea and the or query uh the chinese one in pyongyang limited their relationship between uh president he and kim jong un is pretty bad and there's only so like china can do to change kim's wide and his mind held it or achieving uh deliver nuclear warhead order bullet with hope that it at least for the united states if not all of the united states that's where we go with that uh having said that.

caribbean kim jong un ronald reagan apec bloomberg united states china president pyongyang donald trump uss nimitz theodore roosevelt atlantic council senior fellow ariel cohen north korea viet nam