21 Burst results for "Four Eight Percent"
Apple Leads Big-Tech Slump With Worst Drop Since October
"Here was the headline of bloomberg piece. Highlighted by philip elmer. Dewitt's apple three dot o. Leads big tech slump with worst drop since october quoting the bloomberg piece. I bled shares of the largest technology companies lower in the first trading day of the year suffering its worst decline in more than two months amid abroad market selloff couple of things actually a few things first of all apple lead is an interesting term. It's not that investors were selling apple and others started selling other stuff following. The apple lead more like any shift. Apple represents a lot of money given the company's phenomenal size to the numbers and the story were posted mid day when shares were at their lowest according to bloomberg shares of the iphone maker fell as much as four point. Five percent on monday on track for its biggest drop. Since the thirty first of october amazon microsoft alphabet and facebook shares all fell at least two point six percent compared with the two point five percent decline in the s. and p. five hundred but none of those numbers held by day's end the s and p five hundred was only down one point. Four eight percent alphabet was down one point. Three five microsoft was down two point. One three percent amazon did stay down. Two point six percent and apple recovered from its four point. Five percent drop ending down only two point four seven percent and thing number three. The real story is the broad market selloff mentioned in bloomberg's tech centric piece two pieces from cnbc. Tackle that broad market selloff. One of those starts with the line. Stocks dropped on monday the first trading day of twenty twenty one amid concerns about global corona virus cases and the georgia runoff elections. That piece gave roughly equal attention to those two issues on the co bedside. There was talk of the more stringent lockdown announced the u. k. As well as issues getting vaccines and the arms of people here in the states as for the political side. There's apparently worry on wall street and does among some investors that both democratic candidates prevail in the georgia runoff today. Corporate tax rates could go up which i guess would mean the end of days or something.
Shock and outrage as White House says next G-7 summit will be at Trump property
"There was widespread today my Mick Mulvaney announced that Donald Trump was in fact going to force the US government and other major governments around the world to pay money by hosting the g seven corral golf resort next year is the Washington Post puts it quote that decision is without precedent in modern American history. The president used his public office to direct a massive contract himself but here's the thing Durell could really use it we're bringing someone who knows more about trump's other business interests than just about anyone he's reporting on all the best three years on a Pulitzer for his invested into the President David Farren hold is great to have you here David let's start with the significance of Durrell which unlike some other properties it's not licensed it's it's it's real directly part of the presence main business holdings correct it is basically the keystone of Donald Trump's entire hospitality Gulf hotel business it produces more revenue for him every year than any hotel or golf course and he has one of its biggest loans on if you were to pick one property the donald trump's financial health dependent on this would be it very levered I mean he's got he owes people money on it he was don't you bank the original one was for one hundred twenty five million dollars to Deutsche Bank it's one of his biggest loans now you tweeted about how it's been doing and the vacancy rate typically in the summer you said the summit will be held in June Miami's hot drills usually emptying 2017 only thirty eight percent rouse rooms were occupied this is one of derails worst month so you're bringing a huge amount of business to resort at a time that is over all not doing very well financially but you're bringing it to this resort at a time when it needs that money the most as you saw Durell June is the second slowest month for Durell only August is worse they're occupancy rate is under forty percent so even if trump just charged the cost which we have no idea if he's going to but even if he didn't try to make a profit on each individual room he's filling the resort at a time it'll be mostly empty rats are great point you also noted that it has not been doing well recently this is not this is not a facility that is on the upswing no in the opposite we got some data that the trump organization itself provided to Miami Dade County that shows that between Twenty fifteen and twenty seven uh-huh span of just two years net operating income dropped seventy percent at this resort that's a huge drop at a time when every other resort in Miami is basically doing the same and the reason we saw video where a representative from the trump organization was talking to the county about why it was doing poorly in she laid the blame directly on trump she said the brand is doing really that's why this place is severely underperforming so you've okay so you've got the crown the crown jewel of his enterprise the brings in the most revenue at a time when it is vacancy rate is under four eight percent and at a time when the revenue and and use of the place the prophet is going down because of the negative brandon impacts of his presidency and what does this mean g seven's a big deal right like a lot of money is going to get spent there just to give you a sense of the scale of this thing I talked to somebody who had planned the last g seven that the US had at a private event which was in two thousand and four in Georgia they served forty five thousand meals during that week they took over this resort for ten days they pay three million dollars in two thousand and four money it's hundreds of people thousands of people that can't even allstate draft to stay at other places but you're talking about an enormous event between security diplomats journalists and the leaders themselves there's also there's also been some health problems at Toronto Daily Be Story from twenty one thousand nine about a rat infestation problem and route situation it has it has had some challenges well this year has been a good year for them they haven't had any any health code violations that's good news and our leaders who will be staying there and hopefully not norovirus but they have had in years past not that long ago they've had problems with the health code called euphemistically small live flying insects insects and other kinds of cleanliness issues in a number of kitchens at Durrell is there any I mean how how is this legal I mean honestly if anyone who's ever out there watching has ever interacted with federal contracting you know that it is one of the most common me that just complicated a legal thicket and incredibly complex process there are thousands of people throughout the government who work on it this seems to fly in the piece of every single policy there is for federal contracting but that's what's interesting about this is one of the few things which by tradition the didn't get to eat to circumvent the entire contracting process they don't put out a request for proposal evaluate bids the president sort of does this secret and then the White House just chooses a place this is Tom was never designed with the idea that the president might choose his own place so this is a case for trump has sort of unfettered unrestricted power to give the contract to whoever he wants and holy gave it to himself we'll see now in the next few weeks hopefully it'll be a little more transparency about what it looks like but they're going to be any scrutiny on the front end my favorite Presley it was a tr- Presley's I blink quoting trump from the trump works and they were honored that they were selected for this which is a really incredible piece the use of language David well thank you as always for your fantastic
"four eight percent" Discussed on Bloomberg Radio New York
"And it's nine thirty AM here in London ten thirty AM across Europe if I could morning on Caroline had can you listening to be back daybreak Europe so you just break on the pre bag terminal and this is key for the UK economy focus services PMI Ashley drops to fifty point six US versus fifty one point for the previous month the estimate was for fifty one set us on the services side the composite PMI also drops the full fifty spoke to the full cost was for fifty four five so we still in expansion territory but it is just slightly disappointing in terms of what we were expecting intensive the U. K. economy of course we had a full month Connie later on this morning that I can be a good governor we also have PM cues the prime minister speaking and later on today all of this amidst a following that defeat of the prime minister boys syncing yesterday and a little bit of legislation that make a through parliament today in order to tie his hands amazing to prevent him from doing and no deal by exit on the thirty first of all tell you that so all of that said well we with the pounded times the markets one sport twenty one forty seven of booze ha with my home off of one percent but that is not negligible given that sort of relief that we may not see the U. K. crashing out potentially of the year at the end of October also the things moving the big dollars for index down two tenths of one percent we also have a disappointing manufacturing data out of America yesterday so it's a couple of days now that we've seen the door on the pressure until pay but in terms of equities across Europe were actually significantly higher S. if you soak six hundred gaining by one percent on the the al performer being the face he met in a sweet because that is up one and a half percent relief that contain will stay in place as prime minister he managed to get a deal to form a fresh Italian governments that sort of perspectives some of the Italian risk that we had on the table and when it comes to use will put four eight percent owned that US. angel yields are by two basis points we also gaining yield across most of Europe with the exception of increase in money going in it's it's down three basis points sport eighty four for ten years B. T. peas so that is a look at the mall kids now something the markets will be watching closely and we will bring to you live in just a moment he's Christine Lagarde the incoming ECB president she's got to be giving a statement and then taking questions at the European parliament's economic and monetary affairs committee hearing in Brussels this is absolutely crucial we may get more clues or when I she will take the ECB going for was this as the year every economy's been weakening inflation has been slipping below target so be fascinating to see it could lost quite a long time will bring you the beginning of at least life Hey Brubeck radio in the meantime let me take you through the top stories this morning MPs Hey in Britain have defeated the government in a crunch vote on brexit aiming to prevent and no deal they have won a bid to seize control of the parliamentary agenda today by a majority of twenty seven the cross party group will now try to Polish legislation meaning that they could bring forward this bill seeking to delay the U. K.'s exit date from the E. U. in response the boys Johnson has confirmed that his table in a motion for an early general election..
Diagnostic company Exact Sciences to buy Genomic Health in $2.8 billion deal
"To get a sense of what's going on here in the equity markets with our good friend remain Bostick Bloomberg news brimming with a force well a lot's movie today I mean we can start with healthcare because we've had a lot of deal activity there of course there's that big exact sciences genomic health deal us in a lot of movement of course on both of those stocks these of course the big sort of diagnostic testing company that's kind of been all the rage for the last you know probably you're so for investors here and then of course yeah that Fizer my land deal Fizer a little bit weaker on this deal course Miley and are of rising pretty strongly on it basically five there's going to try to shuffle some of those legacy businesses the **** than of some of those other sort of a drug that are either off patent or getting to that stage where the generic competition is just going to be too much other doing sort of what you call a sort of a of reverse more stress deal were sort of allows them to do a sort of more tax friendly spin off of some of these businesses were you sexually create a separate entity and you have those two businesses then there's a really small micro cap company lexicon pharma obviously these companies are there almost kind of like a lot tickets get a lot of the triggers out I don't help people invest in Sony's biotech and bio pharma companies it's a book about a lottery Hey you you you pick it up off the floor and you hope at some point you know whatever drug trial they're working on turns out to be great and then it's so you're on to the road to riches apparently that's not gonna happen this diabetes drug that they were developing with Santa Fe Santa Fe essentially ending its partnership lexicon still going to go ahead and try to develop a drug but at least in the short term doesn't seem like this is going to be much of a winner so those are some of the big decliners today we did have a few big kind of gainers today GrubHub actually rising today up about six percent there was a big deal over in Europe up with take away that's a big Dutch delivery company buying just eats over in London so now there's of course a lot of speculation about consolidation in the industry GrubHub obviously only focus here in the U. S. but this is crossing causing some sort of world wide speculation about some potential MNA activity Hey you have pay pal to actually see me downgraded but there was actually interesting no doubt all here in the retail sector on under armor ahead of their earnings tomorrow a couple analysts out basically saying that think the numbers are gonna be much stronger mainly the company is a little bit more pricing power hasn't been discounting as much as they had in previous quarters so using the shares rise there up in the premarket remain Bostic thank you so much action in the equity markets pre market remain is bloomer television of course attorneys to give us some of the pre market action one of things we're gonna look for to this week in a big big earnings week over a hundred thirty companies reporting this week as can be apple clearly you know a bellwether for the market place a bellwether for big texture over day Bloomberg opinion commas covers all things tech for she joins us here this morning to give us what we might see Adam apple and I guess the the issue continues to be I guess the pivot this company is making a way from that the maturing iPhone on business into the services business whatever investor can be looking for here yeah I think that's right you've seen already that investors expectations of completely reset now about apple that we're talking about a company that is not expected to grow revenue much if at all for the rest of this fiscal year ending in September for apple and I think it's probably going to be more of the same so revenue not going up that which is a surprising thing for a a tech company but as you said poll the big story that investors are following is how is it going for apple's effort to sort of move beyond if it can this gigantic business in I phone sales and start selling people more you know after downloads at apple music sales an apple television subscriptions and things like that that it will least partially filled the hole left by the declining iPhone unit sales because he mentioned his iPhone units actually are declining on a global basis well we don't know for sure because animal started to stop disclosing that number but they stopped disclosing that number most likely because that number is declining now and is probably going to decline for the foreseeable future so we think that apple selling fewer new iPhones right here yes and obviously I think when we start for start hearing about China not becoming a a problem from a tree perspective all these low many months ago apple was really held out as one could be that's really expose would expect to hear from apple as it relates to China yeah I think China is going to be really important as well in this quarterly earnings report that the the the revenue numbers from trying to have not been good for apple ID been declined declining in a serious way and I think apple indicated three months ago that the trying to numbers are starting to look a little bit better so I think investors are waiting to see if that proves true yes because not only do they sell product into China they also manufacture most of their hardware there so the exposure I'm guessing is pretty extreme there versus maybe some other tech companies it is very extreme and I think apple is one of the one of the few very large tech companies apart from the chip makers that is heavily exposed to train in those two ways that as you said that apple sells a lot of products in China China is by far the top selling the biggest buyer smartphones in the world about a third of all new smartphones every year go into China and as you said trying to is central to the supply chain of apple and usually you hear people like president Donald Trump criticizing apple for manufacturing I phones and other parts of their products in China but the the company probably has very little choice but to continue doing so and in some cases right absorb some of the costs from increased component prices due to terror of some things like that so one of the countries as China begins to mature and roll over a little bit in terms of being a growth driver for apple is India how are the position in India basically apple is no where in India been taught well I know it India right now is the top growing big smartphone market in the world that purchased new numbers out today about vendor smartphone vendors in in India that are doing well and it's mostly Chinese smartphone companies companies like show me and vivo and off beau companies that have gotten big in in China in their home countries and are now doing well in India as well and apple's market share at least last time I looked at it was maybe one percent of Indian the new Indian smartphone sales even though apple's been talking about India as this important growth market as a long term growth market that still may be true but the fact is India's smartphone market is growing like crazy and apple is nowhere and apple's network they the high priced products presumably enough interesting yes sources are a big factor so it is a company it's amazing the stock up thirty three percent this year that's pretty commendable given that the company is trying to make this major pivot to services is our sense that you know the market I mean it I wonder how big services is ultimately become for this company yeah I I think I think investors are over into the Aztec about the services market the fact is there is no way to completely replace the whole created by declining I phone sales that whole industry smartphone sales are not growing anymore for apple and everyone else and apple doesn't have an answer to that and services are not going to fill that hole completely they can look at the more of these services products they introduce every new you know credit old men and credit card every new television product news all those things help a little on the margins and they're good because for the most part those services are relatively high margin products but it cannot replace the hole left by declining I phone sales how about if they're sitting on two hundred twenty five billion dollars in cash that might be helping things what what what's apple doing with this cash well I think the short version is there going to slowly return it to investors in the form of buybacks and dividends and you're right I think that is obviously hoping the stock price we should note that like a lot of these big tech companies apple took a big apple share price took a big downturn late last year and so if you look at apple's share price on a one year basis it's about even with the S. and P. five hundred right interesting just looking at the dividend yields got a one point four eight percent dividend yield right now returning cast between a twenty five billion dollars in cash that can buy you a lot of time as you either try to think of if you know determine what the next product will be or trying to ramp up your services business so we'll see what they have to say after the close tomorrow here of a day Bloomberg opinion columnist covering all things technology helping us out as we await the apple numbers after the close tomorrow again the stock up thirty percent year to date and is here mentioned you know kind of in line with the S. and P. on a trailing twelve month basis big tech took a big hit in the fourth quarter of last year was a market was hit hard by a series of issues including trade tensions which really flared up if we all remember from the fourth quarter of last year not of course had a disproportionate impact on the technology stocks including apple which is typically held out is probably one of the stocks long so the chip makers this year mention this kind of most exposed to China so want to see what apple has to say after the close as a company transitions from being a iPhone maker to a services a company with a lot of cash on the balance sheet this is
"four eight percent" Discussed on KNX 1070 NEWSRADIO
"Are contributing a told how can be died when in fact the well being of the planets for the future nearly a third of all food world wide ends up in landfills worth roughly a trillion dollars a year when I was trying to take a small bite out of that problem the trackers used by several other companies including intercontinental hotels group Costa cruises anymore hospitality group I think we're gonna see a movement to make this problem something of the past from the next twenty years yes news London seven forty nine the city has unveiled three possible plans for its forty two acre nature park along the LA river where the city of LA this is kind of a big deal to have the opportunity to reshape the public's access to the river is is tremendously important and exciting that's number one tribe Ellie's chief deputy engineer at the park will be on an old railroad yard close for a decade the city bought it two years ago the three possible plans include two with long rows of steps leading into the water the third has a deck overlooking the water with the natural island in the river they have recreation areas trails kayak launching points but first the site needs to be decontaminated and then it will be built in pieces our current within three years people will be able to get onto a portion of the site and was ten years we hope to have the whole site delta Emily Valdez can extend seventy news taking a look at your money with freckles a good moral after about three weeks a fairly steady mortgage rates are bringing about two and a half year lows we've seen a bit of a bomb higher this week according latest survey from mortgage giant Freddie Mac just out the average thirty year fixed is now up to three point eight one percent the average fifteen year fixed as take fire to three point two three percent of the five year adjustable now three point four eight percent take a look at the stock market this morning it is turned mixed with the Dow right now down twenty three points the S. and P. five hundred is just trying higher up one point on the nasdaq composite down eleven all the major averages still hovering near record highs global markets moving lower today after president trump city could impose more charms on Chinese goods and Japan's exports tumbled the top finance folks from the group of seven richest democracies warning that crypto currencies like Facebook propose libra should not come into use before serious regulatory and systemic concerns are dressed right now the price of gold still hovering near the highs are seen in about six years of fourteen hundred twenty three announce oil moving lower down a dollar twenty eight back to fifty five in change we check the money twenty fifty each hour the next updated eight twenty one protect from the H. M. as Koppel money desk okay I extend seventy newsradio why some trains are being held this morning between LA and Orange County will tell you about it in ninety seconds at seven fifty one fifty five miles an hour through the simple to pass another car in sight he's the head in the passenger seat.
"four eight percent" Discussed on KTAR 92.3FM
"Arizona votes election day twenty eighteen. All right, eight oh, six it's MAC and Gaydos. It is Pamela Hughes, Jim Sharpe. And Dr Michael Neale KTAR political analyst, and we're here for election night as long as it takes. And we're starting to get some numbers and everybody's looking at the one race cinema. Versus MC Sally and all through the night, by the way, we'll go to Ashley flood in the KTAR at the KTAR decision desk as we get numbers in. We've got reporters around the valley. So guys, why don't we go over the first numbers the precincts? Reporting of one percent, it's early. It's coming in. It says Martha mcsally forty nine point three three percent Kirstin cinema forty eight point four eight percent. All right. Dr O'Neill who's going to win. You know, this is back in the envelope. And it's really quick the one thing I noticed. There's Maricopa County is in here Maricopa is about dead. Even by the way, too conspicuous thing. That's not. In Pima county, Pima county is the heartland of Democrats in the state of Arizona. I'm worked out all the math on this. But so far, I would that I would take what's insofar as modest plus for Kirsten cinema, even though she's down by one percent, Pima county is gonna count for a lot more than that. You know, we were we were talking earlier about the Navajo nation voting and they're being a massive turnout. Two. Yeah. And they're all voting democrat, and we're going to get a huge dump of boats later on. But here here's the thing. I would based on the same counties that are in the same precincts that are in mic. Sally and Simona cinema are dead. Even Doug Ducey is up by. More than twenty points. Haven't called the race yet. Well who calls races we call racist? But the point is in with the same pool of people do up by twenty percent, cinemas even that. Well, we we kind of knew Ducey is going to win this absolutely confirms that right? But this is I think for cinema to be doing twenty percent better than then Garcia is a good thing for her. And last I saw here Katie Hobbs is up considerably as well. So secretary of state. Yeah. So it which I, you know, but, but you've got along we got a long ways to go still and one of the propositions that a lot of people are watching prompt three zero five this is the expansion of the empowerment scholarship accounts. Again, just early. Preliminary numbers on this right now has it at sixty seven percent. No. And a thirty two percent. Yes. So that I mean, that's a big margin. There. We're also watching the superintendent of public instruction race Frank Riggs the Republican cap. Hoffman. The democrat very close. I mean, it's basically it's basically fifty fifty. Knew that going in that looks like the. Sally that one. I mean, I think we're going to get down to the point where we can sort of figure half of these races are over in the other half. Hafer? We're going to be your all night on. I don't know if this is true or not you guys can it can figure it out Alexandria. Okay. CEO Cortes just made history. She's the youngest woman ever elected to congress York City, New York, New York state, she won that election in the primer. It was an extraordinary thing to take in at ten term incumbent. But that district is so democrat, it's no surprise. In fact, she was out all around the country helping other people so the victory tonight. Sorta tells us what we knew it was coming. We'll let me let me ask you and the others, by the way, you're listening to election coverage Arezzo votes election day, two thousand eighteen MAC and Gaydos, Jim Sharpe from Arizona's morning news. Pamela Hughes from bruceandpamela. Dr Mike O'Neill KTAR political analyst if Kirstin cinema does win is it is it. Can she say I proudly one or is it that AirAsia doesn't want Trump? Do you understand what I'm saying that did she is it a referendum against Trump? If cinema wins or a cinema just a better candidate. I guess I'd say it's kind of. I mean, this is this whole election. Everything is is a referendum on Trump. But you won't be able to take the victory away from her. Okay. A month from now, she's this. She's the Senator. Right, right. But, but is this whole election about Donald Trump like this Alexandria? Okay. CEO cortes. She's an avowed communist isn't. She. We thought Bernie Sanders. But she's a definitely about socialism or socialist. Right again, is that a is that a referendum against Trump or does New York just like this young woman, so blue I know, but I'm just wondering is this just about Donald Trump right now the mid and this is interesting because Martha mcsally definitely jumped on the Trump train. She was a fairly moderate Republican. You can't be anything. But in southern resolved happened with Jeff flake, right? And then Houston cinema never said a bad word about Donald Trump except to say I disagree with him on some things, and I agree with him on some things. And then she pointed out that she voted that sixty percent of votes in the house were, you know, of a bipartisan nature, so she has gone way out of her way to not make this about Donald Trump. But does she go back? Then does she revert back to what the ads the political ads that we saw us? She's too extreme. She's to progressive issue wolf and sheets. She really want to work with the president and become a moderate. I honestly think no matter whether Martha accelerates cinema gets in. I think you really end up with someone who's relatively moderate. She has been in congress for six years. Correct. And she has been a moderate congress. Yeah. If you want to go back another fifteen years after that this stuff in there. That's pretty ancient history. Look at somebody with somebody who's done for the last six years. I think you've got a pretty good indication sadly went down or went down that rabbit hole. Trying to portray her as an extremist somebody who was you know, with the pink to and stuff like that. So we'll go over some of the numbers. If you're just joining us the Senate race, Martha mcsally forty nine point three percent Kirstin cinema. Forty eight point four percent. Governor Ducey already has over a million votes. David Garcia has just a little over three hundred thousand he's gonna get mauled tonight. We've got Frank Riggs who is a Republican for superintendent of public instruction. He is maybe by one point leading the democrat, Kathy Hoffman. Let's see Mark Avik for attorney general he's leading by about ten percent right now. But again, these are only one percent of the premium report. Let me explain that. If I could because that's not exactly what this represents is all of the early ballots that were turned in by Saturday. It's about eighty percent of the total vote. So there's a lot. So there's no today. There's no today voting in here at all. But that's only twenty percent, and they're gonna come in three batches the eighty percent, we just had dumped in that's all the early early votes. Okay tonight. We're going to be counting the votes that were cast today. And then starting tomorrow, we're going to have the early votes that came in on Saturday and Monday. Yeah. And and the idiot like me that dropped him his off his bowling place on his way into work tonight. There's nothing wrong with that. Counting today along with the rest of it. And there are about one hundred thousand other votes here America. There's a look at the resort still. There was a little sign. It's at provisional ballots and and mail in ballots, and basically you put it in the same same. Yeah. All right. Yeah. So all right. Well, it's it is it is looking as close as we thought it was going to look at this point. Yeah. So let's take a break right now. You're listening AirAsia votes election day, twenty eighteen Ashley flood on Arizona's news station. KTAR news flash. At eight fourteen. I'm Ashley flood.
"four eight percent" Discussed on Biz Talk Radio
"Horrigan female talking about bonds. I look this up during the break as of today. Seventy three percent of Morningstar's taxable bond funds and ninety percent of municipal bond funds have lost money so far this year. Municipal bonds. Typically, go out longer on the yield curve. So and there's a whole discussion on whether you should use individual bonds mutual funds. It's kind of an exercise in futility because in reality, they're kind of the same. But that debates been going on maybe I'll get a chance to talk about that on the air sometime, but in reality, the Reader's Digest version is they both go down at the same time at the same rate at the same pace, etc. So you can always sell your stupid mutual fund, and then by the individual Muny bond at a discount, but that's another discussion. But I was talking about my Gus which don't go down in value because they're illiquid investments. You can buy a one year Misha multi year guaranteed annuity contract. Consider it a CD backed by an insurance comes. These are very safe, but they're obviously, not FDIC insured, although many states do have an insurance policy for them talk to your adviser. But I looked at the. Lateran out instead of buying a five year treasury and earning three point zero four eight percent. You could ladder one two three four five years and get in my three point two one percent. And then every year when the Misha renews, you can either renew it at a higher rate or take the money and run. There's also an added benefit if it's a taxable account the Misha is tax deferred. And if you re up the one year for a five year with the same company, then you've got your so-called bond ladder that's going on. And you're going to earn an effective interest rate that is higher at least based on today's standards. So are you willing to accept the fact that insurance companies are nice folks and ninety nine percent of the time? If you go. With a halfway decent company. You're going to get all your money back. So that's the whole theory behind ladder ring,.
"four eight percent" Discussed on KOMO
"Differ on who knows how that actively managed account was run i've made the point that active management can be good thing passively managed you lost one point one seven from taxation for us largecap stocks you probably don't even know it i mean like you're obsessed because i've got to get the lowest possible fee for my mutual fund get get the lowest possible financial adviser because i'm tired of percentage points of my return leaking out in ridiculous ways but yet you lost two point one eight percent from taxation and you gladly filed that return and you gladly pay the check if you can tax manage and we'll we'll talk about what tax management means more in a minute you lost only zero point three nine percent from tax management so let's just go through it two point one eight active manage one point one seven passive but if it's tax manage you lost zero point three nine percent from taxatation us smallcap even better actively managed us smallcap stocks two point four eight percent lost taxation if it's passively managed one point three three percents ready for i wish had a drum roll too late we didn't get the sound bite ready in time but a drama would be you know this is it zero point one three percent is what you lost detection so by the way that is a big deal if you could have actively managed portfolio and then just give us some tax management tax harvesting strategies and only lose point one three that's a significant value added just saying international actively manage one point one five pass a one point.
World stocks edgy as rising bond yields raise fears for growth and profits
"The markets for you every fifteen minutes now european stocks edging lower well they were leather slightly higher she'd been looking at my bloomberg terminal up almost two tenths of one percent so he says the fifty one hundred is down a tenth of one percents style to their gains two tenths of one percent so you have some swings and roundabouts in the markets today ready as investors are digesting a deluge of european cool put updates today in terms of the us market open we're looking ahead to that it's love for dow jones features slightly higher for s and p five hundred features korean and japanese says overnight raise those in china and hong kong they pushed lois they you really have the theme of the day mixed picture bond traders will be keen to look at of course the ten year treasury yield this morning three point zero one percent on the us benchmark yield no point six one eight percent for germany is heading down by one half basis points but the two year no is also interesting to track two point four eight percents so that's a strong yield for us two year paper down a basis point right now is for the fx space the donna coming off the three month high that we saw dollar spot index ninetyone spot eighteen and the euro trades at one spot twenty one so a gain of a tenth of one percent as wti is above sixty eight dollars about gaining two tenths of one percents a very stolen oil okay redheads plenty this time from the rick spank on the central bank decision no change that's not the the news and currency strengthens episode saudi so they leave rates unchanged at negative one half of one percent the rick spike delays the beginning of the tightening cycle towards year end current this is important because it was back in let me just scroll backwards i think it was february yes it was february time when they guided us they said expect a slow repo rate rise towards the start of the second half so they are pushing rate rises into the long grass pressing really when you think about what comes next from the bank of england in terms of the rest of the news flow carolina under that you've got.
"four eight percent" Discussed on The Meb Faber Show
"A million bucks is it at such a state right now where it's best to throw it all in and let it reid or do you think that we're still on sort of the morgue expensive side in enough markets where it might make you pause at least in terms of just thrown roland wants weed weed tweeted about this the other day speaking of trump at some point this is going to be like there's a tweet for everything i can just go to my tweets where i was talking about expectations and going back to two millennials you know i said in that vanguard outlook they had said expected returns four point five percent for a global portfolio so i said reasonable vanguard and then i said unreasonable average pension fund seven and a half average investor says ten point two average millennial says eleven point seven and the average institution that allocates to hedge funds expects them to do 13 so it's crazy to me and i don't understand why by the way soapbox why any pension fund in endowment has a fixed return when the biggest component of returns is probably inflation and so historically you've had let's call it four percent three or four percent scott three percent inflation over a reasonable period and fiber tent returns over that four eight percent total with inflations one and you still get that historical five the now you're already down six so it makes no sense to talk about three percent inflation when there is only one in the world anyway but but historical a great rule of thumb as just say four percent over inflation that's what your portfolio is going to do almost every portfolio in our book asset allocation did fortify percent over inflation so 45 percent real but be conservative and save four that vessel your longterm averages there are still a.
"four eight percent" Discussed on Bloomberg Radio New York
"Warm welcome to the show up auburn away i mean you know another monday morning the second working week of the year count on and we are charging in to hire markets all is dead jens vitamin might have warned the world now there's reasons to consider ending giving a finite date on qe but it doesn't seem to the markets yet now indeed usoc 600 gains three tenths of one percent at the open and the council's up two tenths of one percent just waiting for the zetra dax figure fifty one hunted just slightly lagging behind that but still an impulsive territory european actually features and diva pointing to a high epa this of course as we saw asian equities at heading north ahead of adding season of 'course who go said jp morgan chase wealth fog i blackwell and lots of asian companies reporting this we also the sp 500 enjoyed his biggest weekly gain in more than a year last week the nikkei hit the high since ninety two evening sx 200 down australia hit a decade high on friday i in terms of other things that we're looking at though you cemented the euro actually kony trades at one spot 1994 so we below the one twenty handle down three tenths of one percent it's the ecb yen's vitamin koeman's verses of the concert around angloamerica whether she can actually get a government formed in germany as for the dollar but abdullah spot index is stronger three tenths of one percent despite the disappointing jobs figure that we had out and disappointing wage earnings growth that we saw on friday at inter cbs over the phone markets let me give you an update their two point four eight percent a regained one basis point on us benchmark treasury yields no point four five one percent food gem have been is at one point two two basis points higher and indeed wti crude we're talking about features early this morning sixty one spot 55 so a gain of two tenths of one percent.
"four eight percent" Discussed on The Dave Ramsey Show
"Go to fat i had a question before they fall on your plan fun of mousse made such a fate off majority of my that but uh calling it a little bit lay the question i have is that started out with a credit card would pay twenty six thousand dollar balance you got down downstream 1900s but my question is i've thought under dodd flank that the uh the bank to acquire to apply your culpa payments to your highest uh industry post but let flew you have to interest rates uh yes uh purchases before certain bay was at twelve point four eight percent and after that is set in 1949 corruption i you know the truth is i don't know the answer your question i that that is rattling in the back of my mind in my memory some we're here but i'm not sure uh making two hundred i looked under doddfrank and once again nine per station i really don't know yeah but uh i think they are required to do that and i read on line two zero planned like five thousand dollars every single time they did this not too good to you the branch manager and showed it to be said yes go wrong and they went and they correct it for one st night and then they went back young with their to him before uh okay why would go into the branch manager and say um you need to correct it for this statement and if it happens again we're gonna turn you over to the regulators and get my five thousand dollars okay the question is so this is gonna go hongkou parks mix three years at five.
"four eight percent" Discussed on Bloomberg Radio New York
"Business flash asian stocks have still to this mon day on a positive note after friday's record highs on wall street the optimism being spunk does republicans said look set to so off a bell on us tax cuts later this week in the united states the nikkei twotofive index in tokyo jumped as much as one and a half percent and in hong kong the hang sang is rising by almost nine tenths of one percent we all seeing some weakness for chinese stokes the shanghai composite index off by a tenth of one percent of the costs being sold as well not too very much change that little changed completely flat at this point in the fixed income space treasury yields all rising the 10year is higher by one on a quarter of a basis point at two point three six five dissent we are seeing the 2year yield at one spot to eight four eight percent so as i say though those yields are climbing a little bit as we are now looking ahead to those set tax cuts in the ethics space we all see the dolar edging higher against the yen amid optimism once again over those tax cuts but if we look at the big picture for the dollar the blue bug dollar spotted indexes auctioner actually on the back foot off by a tenth of warmth the center this morning asks for instance said the euro is gaining a little bit of speed hair trading now at once fought seventeen 66 emerging markets on dick currencies otherwise in the spotlight today the indian ruthie in stocks took a tumble earlier this russian when counting in the gujarat state election goltz underway in india's suggesting there would be a tight race for narendra modi's rooting bjp they're looking out to be a rupee now it is still lower but it act is actually code back some of its previous losses to trade lower by a tenth of what beset that's a bloomberg radio business flash for more on what's going on around the world boombust coley cotton get money mokkassed place in lebanon are investigating whether british diplomats who has mad at him by rates was sexually assaulted the full hadef it's believed rebecca dikes he worked to uk embassy was strangled then dumped beside a night away thousands of.
"four eight percent" Discussed on WHO NewsRadio 1040 AM
"Proud of you to sally yates after she gets fired another muller appointment that is obviously pro hillary anti trump we'll get to that and just a second put though that was the president talking about his tax package of course during the obama years we added thirteen million americans to the food stamp rolls an eight million more americans are in poverty and of course he's the only president in the history of this country to never see three percent gdp growth in a single year of his presidency last quarter was up would upwardly revised gdp growth at three point three percent as the economy because of getting rid of regulation and the opportunities that the president of created now turn the economy around and of course we had the lowest labor participation rate we had the worse recovery since the great depression we had the lowest home rohner's should brighten fifty one years and obama singlehandedly took on more debt than every other president before him combined but no no point going back over old news the good news is the year to date growth in america is now over three percent in out not only is the average annual growth of rate now what it's it was one point four eight percent during obama's business cycle the weakest of any expansions in 1949 the only president never to reach three percent gdp growth unbelievable distinction and the austin goes p was one of the president's economic advisers at the time we don't hold it against them but just the fact or just stayed in the facts could do did you leave working for obama look at all i i less than two thousand eleven now thing that you just said was true but i still have a bone to pick with you which is i'm gonna send you a bill for my stress level on sitting down sunday i'm going to have those math some tease themselves all my kids i look at this picture of like screening mania on this magazine and do that i look i said wait a minute i know that guy while you while that's where you're going.
"four eight percent" Discussed on KSFO-AM
"Proud of you to sally yates after she gets fired another muller appointment that is obviously pro hillary anti trump we'll get to that and just a second put the that was the president talking about his tax package of course during the obama years we added thirteen million americans to the food stamp rolls and eight million more americans are in poverty and of course she's the only president in the history of this country to never see three percent gdp growth in a single year of his presidency last quarter was up with upwardly revised gdp growth at three point three percent as the economy because of getting rid of regulation and the opportunities that the president of created now turn the economy around and of course we had the lowest labor participation right we had the worst recovery since the great depression we had the lowest home rohner's ship brightened 51 years and obama singlehandedly took on more debt than every other president before him combined but in oh no point going back over old news the good news is the year to date growth in america is now over three percent in not only is the average annual growth of rate you know what it's it was one point four eight percent during obama's business cycle the weakest of any expansions in 1949 the only president never to reach three percent gdp growth unbelievable distinction and austin goes be was one of the president's economic advisers at the time we don't hold it against them but just a factor to state in the facts could the wanted you'll leave working for obama look at all i i less than two thousand eleven you know nothing that.
"four eight percent" Discussed on WCBM 680 AM
"Am so proud of you to sally yates after she gets fired another muller appointment that is obviously pro hillary anti trump we'll get to that and just a second put that that was the president talking about his tax package of course during the obama years we added thirteen million americans to the food stamp rolls and eight million more americans are in poverty and of course he's the only president in the history of this country to never see three percent gdp growth in a single year of his presidency last quarter was up would upwardly revised gdp growth of three point three percent as the economy because of getting rid of regulation and the opportunities that the president of created now turn the economy around and of course we have the lowest labor participation right we had the worst recovery since the great depression we had the lowest home rohner's ship brighten fifty one years and obama singlehandedly took on more debt than every other president before him combined but in oh no point going back over old news the good news is the year to date growth in america is now over three percent in out not only leaves the average annual growth of rate now know what it's it was one point four eight percent during obama's business cycle the weakest of any expansions 1949 the only president never reach three percent gdp growth unbelievable distinction and austin goals be was one of the president's economic advisers at the time we don't hold it against them but just the fact stating the facts could when did you'll leave working for obama look at all i i less than two thousand eleven you know now signatures just said was true but.
"four eight percent" Discussed on Bloomberg Radio New York
"That people then start to search for risk but the question is where else do they continue to search a full of that risk and when does that appetite for risk start to wayne absolutely 10year treasury yields fooling a basis point two point three two percent but then we taj the high two point four eight percent in late october that was a high since march of course and the other thing on the minds i suppose if of market participants is going to be the tax proposal thou progressive tax reform in the united states of america it is the backdrop really isn't it to markets even though today he are she again economy mark of what's going to begin the bell we don't actually get the legislative language that so what the republicans are of sang at least yeah the thing is with this tax reform is it's been dragging on for so long that i am always asking people at what point can they really start to process that in and at what point can they start to actually you know get some expectations come to fruition on this the bloomberg dr index little bit of softness in at this session could some of that be down to tax reform could it be down to concerns ram geopolitical risks we have of course had president trump holding a press conference with xi jinping in china you know we can sit here and and debate why we're seeing a touch of dollar weakness in the session but again the big big question on the sort of existential question if you like that's coming through in the markets is about curve flattening what is it telling us about the economy is it going to continue it does it feed through to other markets other than the us the some nice commentary on the emeli v blog today about flattening in the german yield curve as well with of that sort of some feet through from what's happening in the treasuries market and the impact that vat could then have on european equities as well yes indeed and also the concern is that of course that yields flattening is only likely to increase as you get the fed on a rate hike trajectories of what does that then.
"four eight percent" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode
"But going forward you should know that only a handful of tech companies can generate those kinds of gains and most of struggle in this environment to keep up with the industrial jones's bottom line in this scenario need to recognize that risk lake beauty is in the eye of liberal holder and right now what's wrist is what used to let you sleep at night the foods the trucks the healthcare's and what's warning the cyclical companies with managers who poon dan cut their way through the wilderness and they finally at long last reached the promised land and they're making forks for everyone whose with i'm gonna make mike mike in florida mike julia jim mark a invested in cedar fair about a year ago a stark you recommended a dividend it was down about two and a half points mid day yesterday but rallied right back in was closed up again today but i just wanted to get your opinion of the thought before reports earnings next week i think these guys are terrific but remember where now one of those sick goal moments where people really really really really really wants something more than just could yield but i'll always take five point four eight percent and these are could operators member when that we met is he's been on i think fine which is the symbol for senior fair is just five nothing with ain't got nothing curtis in north carolina cardis hello jim i just wanna say thank you sir particular crowe rose hold cambridge and we appreciate younger khrais miracle banned love that country.
"four eight percent" Discussed on KOIL
"As snap participation dropped to about forty one million two hundred three thousand seven hundred twenty one still a lot of people as of july two thousand seventeen the most recent data available from the us department of agriculture from forty two million six hundred ninety one thousand three hundred sixty three in january of two thousand seventeen when donald donald j trump took office according to the latest data snap enrollment decreased by three point four eight percent or one point four eight seven million people since donald trump began his presidency and then they have the ah you'll be decreases month by month and and look this is this is an important sign of progress now honestly democrats figure they assume that every one of those forty some odd million people that are on food stamps are democrat voters and they want to keep them on food stamps and promise that food stamps will be worth more and more with each passing monthan each passing year right that's what they want they want you on food stamps they want you on the dole they want you to depend on the government which means they don't want you to be an independent selfsustaining lifeform they want you to be dependent needy incapable and they want you to vote for them and if you're this needy and capable slovenly slog of a person that never does anything never gets out of bed you know your perfect for them that so then and then they need you they need you on that wall speaking worked the wall did you see the fun stuff at the the wall yesterday there was some pretty funny some pretty funny stuff at the wall yesterday because the trump administration well the the.
"four eight percent" Discussed on WTMA
"Known as snap participation dropped to about forty one million two hundred three thousand seven hundred twenty one still a lot of people as of july two thousand seventeen the most recent data available from the us department of agriculture from forty two million six hundred ninety one thousand three hundred sixty three in january of two thousand seventeen when donald j trump took office according to the latest data snap enrollment decreased by three point four eight percent or one point four eight seven million people since donald trump began his presidency and then they have the ah the decreases is month by month and and what this is this is an important sign of progress now honestly democrats figure they assume that every one of those forty some odd million people that are on food stamps are democrat voters and they want to keep them on food stamps and promise that food stamps will be worth more and more with each passing monthan each passing year right that's what they want they want you on food stamps they want you on the dole they want you to depend on the government which means they don't want you to be an independent selfsustaining lifeform they want you to be dependent needy incapable and they want you to vote for them and if you're this needy and capable slovenly slog of a person that never does anything never gets out of bed you know your perfect for them and so then and then they need you they need you on that won't speaking rick the the wall did you see the fun stuff at the uh the wall yesterday there was some pretty funny some pretty funny stuff at the wall yesterday because the trump administration well the the.
"four eight percent" Discussed on Bloomberg Radio New York
"The his sister went to china to promote and eb5 project there and segment us this project really means a lot to me and my whole family in that was seen as an improper way of a of trying to connect the kushner business to the trump presidency and as a partner of the christian family now says in that project on jersey city says that they're are no longer pursuing 85 but the the immigration ancient that set up these kind of pit sessions was ending and she's someone who has kind of been very scrappy and dealt this very impressive empire essentially agents and they do marketing and highend buildings all over the country adult they have these seminars at the four seasons the shangrila hotel where they teach you about the immigration the future of the how they think duty is a big deal as well they'll have a building and pull off velvet tower belvaux jr now the chain over a tower to say is that the project you can invest in until today and you can win a prize that i've had many so that's a it's this is in a bad investors necessarily making a good investment because i'm curious about what kind of returns these loans actually provide the investors i mean this is really about getting citizenship here in the united states exactly the vast stars art in it for their money most of them are happy to get their principle back and now get maybe half a percentage back these are essentially a former junior debt on a project and their total rates that developers hey are much lower than an ongoing market rate firm for this type of secondary chilling your debt and so investors they just want their money back typically is somewhere the developers may somewhere pay somewhere in the neighborhood like four eight percent something like that finance debt and the investors made us get half a percentage back but even some of them say even if i don't get all by investment principle back i don't really care but what they do care about is a project that is six seen through to completion that was built and that can prove they can belt they've created ten jobs because without that they don't get their visa any with hata's as a series of frauds and scams across the.