18 Burst results for "Greif"
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"Not involved. I mean, this is the whole conversation around regulation and crypto is that where have regulators been they've been very behind. Just, I mean, it moves so quickly. It's been hard to keep up with. But a conversation that we're having around silvergate, I think, will light perhaps another fire under the space about how banks are handling digital assets, but I mean, silvergate this story is being written right now. Just as we talk about regulation, would we write the chapter on 2023? Are we going to be talking about the shift from certain speculative crypto assets to the embracing of stable coins? And this question of using a token that's backed by an audited amount of cash that's held at a custodian. Is that where we're moving? And is that where regulators heads are? Stablecoins are where I spent a lot of brain power thinking about because it is the crypto industry's safe haven asset. It's like the treasury of the crypto industry, really. The fact that they actually hold reserves, they say that they hold reserves, it's been audited theoretically. That's where you see the money going. We actually saw tether. A lot of funds rush into tether after the silvergate news yesterday. I would imagine that stablecoins probably are top of the list, just because we're talking about billions and billions of dollars in stablecoins. This stuff trades 24/7. Does our audience into this not in a destination to monitor bit dog over the weekend? Maybe just for fun. I mean, I hope that's what I do it for. They're out and about. It used to be. I used to like to watch Bitcoin over the weekend 'cause it's a nice read on risk sentiment because it was so tightly tied to the U.S. stock market that correlation has come a little bit undone in the last few weeks because crypto has all these idiosyncratic issues, but it is fun. You could pull it off. Don't be a stranger. Thank you so much. It really was some serious reporting here on the turmoil. We have done enough on this Lisa because I think I'm as guilty of this as anybody. To me, it's wicked generational. You know, fossils like me are going, are you kidding me, miss greif feld? Forget about it. But the answer is a lot of people are either in this or affected by it or believe it. There was one venture capitalist who said to me about why he supports certain crypto assets. And he was saying, if you spend time in a third world country or somewhere where the currency doesn't have necessarily any stability, the idea of having some internationally accepted exchange. Yes. Is appealing. The question is how to execute that and what is the best instrument for that. But on a high minded level, to have something that's away from Western Union or away from the banking industry that isn't going to necessarily have that friction that costs theoretically if the price were to stay the same. It has a purpose that makes sense. The question is how it's being executed and some of the creativity financial creativity that came up around it and outright fraud. Has money to water? We're going to see on that is certainly that's been a focus I think of Ken rogoff in the curse of cash and frankly the research work at BIS as well. On the efficacy to some really challenged
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"Of over tightening now. I saw that. And it does make you wonder that with some of these voices that have been advocating for that. That appeared to show up in the last statement. Some sort of concession to the idea that there are voices on that committee right now that think maybe that's what needs to happen. But she also did say that they weren't done tightening yet, which feels very different than the situation where the BOE might be in on when they're dealing with a lot tighter monetary and fiscal policy at the end of the day. It all comes down to economic data. I mentioned this every Friday, the Morgan Stanley economist put out a note for their favorite week ahead. PPI in that, of course, Tuesday, 8 30 a.m., but you're looking at some slowing growth. If you think that that's a leading indicator to some of the CPI numbers, three tons of 1%, a slight decline month over month, and a year over year number that drops, but you're still in a 5 handle, and that is the big question for this fed is. It's dropping, but we're still nowhere near 2%. I'm going to be honest with you guys. I'm going to try to ignore PPI. Maybe the markets will, as well. You think about the really top tier data releases we have left between now and the end of the year. We have another jobs report. We have CPI. Maybe we can just sweep PPI under the rug. I don't know. Okay, so we know what that on Tuesday, Katie's sleeping in and she'll be in late. I am in all seriousness, though, Katie. I mean, are you keeping an eye? I mean, I know you followed the crypto sphere a lot here. And I know that it's not really linked to fundamentals and some of the other macro issues here. But what do you make sort of a sentiment that we're seeing on a day like today now that we've gotten a little more clarity if you will as to just how much exposure some of the other crypto players have to FTX? That's going to be, again, the drip feed that I'm really watching over the coming weeks. It is interesting. This is a conversation I was having with Matt Miller, what feels like a long time ago. Bitcoin is down on the day for sure. It's a bad day for Bitcoin, but we're talking about 17,000. We're not talking about 10,000. We're not talking about 5000. So there has been a big drawdown, but maybe not to the extent that you would think if I had given you the news that FTX has filed for bankruptcy protection. Well, we know Sunday evenings are a lot more fun. The whole weekend is more fun. Now that we know that the crypto space remains open Sunday, that's something to watch. All right, I'm going to say goodbye here to Tim and Carol, break catching up with both of you once again, and that does it for our cross platform coverage. Of the market close on Bloomberg television radio and YouTube and just a reminder that from today on, quick take will be simulcasting Bloomberg business week. You definitely want to check that out and we will be back with our friends there. Tomorrow on Monday, same time and the same place. You're listening to Bloomberg business week with Carol messer and Bloomberg quick takes Tim steinbeck on Bloomberg radio. All right. Bloomberg businessweek, I'm Katie greif, along with Alex Steele, but Alex, I think you're leaving me. I think she blocked that one out. I am leaving you, but it's okay. You only have like 52 minutes. Okay, okay, I think I can do this. You had a lot to get through. There's more crypto to talk about. Oh yeah, you know, we are just swimming in stories to talk about. We're going to get to that all. Alex really, thank you for sticking aside me for the past two hours. I don't know who let Tim and Carol off at the same time. I think Carol that's sick. Yeah, yeah. Maybe I'm Tim though here, because I have the short hair. So I think I'm Tim and you're Carol. I think that's how we should be thinking about it. We should have spent more time on this, but in any case. It's been great having you. This is Bloomberg radio. All right, let's get a check on the latest world and national news with Nancy Lyons
Trading Secrets
"greif" Discussed on Trading Secrets
"Back to the grind to go out there and see, okay, what's coming up next? And then there was more cable laying and more events. More chicken parms would be to be sold. And that is the story of most broad people always think about my business. Yeah. Oh, you got it. You made it. And I thought that too, and I'm a kid. I'm like, wait you're a Broadway? Yeah, yeah, yeah. Unbelievable. You must be. And I even had a roommate who was in wicked when I was still in the hustle, and she would go to wicked every night. I'm like, wow, you really made it. Yeah. But I didn't realize she's living in a three bedroom apartment with three strangers. You know what I mean? And I didn't really make the connection. It's still just a job, and we all live in New York City, and there's an expensive city, and so I think that's the hope that what people need to know is that it, yes, it is, it is the best job in the world. It is one of the most amazing jobs to do, but it still has to be. It's not automatic. It's not automatic. By no means is it automatic. And I've finished American idiot and I was unemployed looking for hoping someone would see me and like me and then I got, like you said, if then came along because I did another show with Michael greif who was the director and we did that workshop for three years. Three years of workshops and studios and in front of this producer that producer and it finally got predict picked up by the public and that we did that show and it was an amazing off Broadway production. It didn't go to Broadway. So then it was done. It's back to the chalkboard. I love starting out with fast facts at trading secrets. And guess what? Most CBD oil achieves between two to ten percent absorption, which means more than 90% of what you think you're actually getting is wasted. Now think about it. If you've ever wondered whether CBD is working, I have an answer. It probably means it wasn't.
The Breakdown
"greif" Discussed on The Breakdown
"For lack of a better word with the mechanics of the market. The fact that there's more shorter term money in the market, there's more money that moves around based on algorithms, quantitative strategies. And at any point, you can have triggers that cause a one 80 in the middle of the day. By all accounts institutions were very heavily hedged going into the market open. Some 10 billion worth of put options on individual stocks had been purchased, approaching record high volumes of downside hedges. During the initial down move, it seemed that a huge amount of these hedges paid off. So positions needed to be quickly unwound and profits taken. This seems to have triggered price action similar to a short squeeze, and once the up move began, momentum traders and algorithms carry the move as far as it would go. Cali Cox from E toro wrote a really good little explanation. Excuse me, WTF just happened. So CPI data released this morning showed we are still in an inflation crisis. Bad news, right? It really is. This isn't a sustainable environment for anybody. So why did the market rally? At first, it didn't. The S&P 500 dropped as much as 2.3 percent in the first few minutes of the day. But at around 9 35 a.m. eastern, the market took a sharp U turn and gained almost 5% in three hours. So what happened? One the market was absolutely braced for pain. The S&P 500 was down 6 days in a row, which has happened 17 times since 2000. Lots of selling and people are in a bad mood. Individual investors have been raising cash recently for our survey data and they're the most bearish in decades. This may sound like a bad omen, but fear can actually be a bullish development for markets like we saw today. It's like tensing your stomach up for a punch in the punch hurting less because you were expecting it. To the feeding frenzy. There was a lot of speculation around the CPI announcement, even if it wasn't so obvious in the typical metrics we watch. Callie goes on to explain what the vix had done for the past few days, but it's heavily jar driven, so I'm going to skip over it. Back to her thread. Point is, there was one sided positioning and a lot of it. A bunch of people ran to one side of the boat, and then the other super quickly. Cue lots of buying and selling with wild price moves. The market is super panicky people. Yes, we gain two plus percent today, but in the cringiest way possible. And to be honest, there wasn't a good reason for the rebound. It just kind of happened in the crowd field it from there. Unfortunately, markets don't always need a good reason to move the way they do. And they can be a rational well into a market recovery you can't afford to miss. So anyway, super interesting but something that probably doesn't seem super sustainable. So let's now move over to the crypto side of the world. This week was D.C. FinTech week, so there was a ton of commentary about crypto and related themes from non crypto sources. JPMorgan CEO Jamie Dimon took the stage at the institute for international finance event in Washington D.C. on Thursday. And once again, he went on the attack against crypto. He repeated his characterization of crypto tokens as quote decentralized ponzis that don't do anything. Even adding some juice to that sentiment when he said, decentralized because it's not like Bernie Madoff doing it, it's people around the world hyping it. He did do his best 2017 impression by moving on to praise blockchain technology. He noted that his bank is utilizing the technology in their Onyx wholesale payments platform and saying that it could disintermediate parts of the financial system. Diamond called Bitcoin dirty and expensive saying that he would never purchase cryptocurrencies that he views as worthless. And so basically that's diamond in a nutshell. Now he also spoke about monetary policy, expressing quote total faith and trust in fed chair Jerome Powell. He predicted that the fed rate would rise above 4.5% during the fight against inflation, exceeding at the time the current fed forecast, and he also said that he does not anticipate a soft landing. Fran, a partner at plaintext capital says, I would really appreciate it if Jamie Dimon would shut up about crypto so that my dad can stop sending me links of him saying crypto is a Ponzi from the Financial Times. Want to keep more profits when trading? Get the best possible prices and trade with 50% lower fees. On nexo pro. The new spot and futures trading platform uses aggregated liquidity of over 3000 order books collected from multiple sources. Utilizing the complete nexo suite allows you to earn interest and borrow funds as you wait for the next trade setup. Visit pro, dot nexo dot IO. That's PRO dot N EXO dot IO and sign up today. The breakdown is sponsored by FTX U.S. FTX U.S. is the safe regulated way to buy and sell Bitcoin and other digital assets. With up to 85% lower fees than competitors. There are no fixed minimum fees, no ACH transaction fees, and no withdrawal fees. One of the largest exchanges in the U.S., FTX U.S. is also the only leading exchange that supports both Ethereum and Solana NFTs. When you trade NFTs on FTX, you pay no gas fees. Download the FTX app today and use referral code breakdown to support the show. Moving over to acting comptroller of the currency, Michael Sue. He told coindesk this week that lack of focus from crypto companies is hindering government agency's ability to establish regulatory standards. Quote, part of this confusion is because there are parts of the crypto industry that don't know what they want to be when they grow up. They want to be a little bit of everything to everyone. And at some point you have to decide. He called for crypto companies to more clearly define the products on offer, delineating customer accounts from trading accounts, for example, noting the failures of companies like Celsius. Quote, if you don't have strong foundations, it doesn't matter what your charter is. The company is not going to scale sustainably. And I know that's a goal. If you want something to scale, play the long game. You've got to have some strong foundations. Sue said the OCC was open to facilitating growth in the industry. If there's ways to control and limit the manner in which growth takes place we're all ears. What we are allergic to is give me a license and let me do whatever I want. That's not something that's safe and sound. So you also made some really interesting comments that regulatory attention was perhaps not optimally distributed. Speaking with Reuters, he said that the real and present danger to the financial system is the unregulated growth of FinTech partnerships, not crypto. Quote, look, bank FinTech partnerships they're here to stay. I'm not trying to do away with them. This is the future so let's do the future right. He had discussed this problem earlier in the month as well, saying my strong sense is that this process, if left to its own devices, is likely to accelerate and expand until there is a severe problem or even a crisis. One of Sue's diagnoses is that the problem is in part a lack of clarity and regulatory oversight. Quote, when everything is done within a bank, we know exactly who is accountable when things break. When you start chopping these things up and the business models are different, that's when risks can get lost. Given this outlook Sue warned that Congress and regulators were overly focused on crypto. Quote, we're spending too much time on crypto. It's interesting it has thorny issues, but relative to other technology and banking issues, I think we're now kind of overweight crypto. Crypto is just occupying a lot of brain space for an awful lot of people, both on Capitol Hill and the regulatory community. The persistence of the occupation of brain space is starting to worry me now that we're not spending the time and attention on some other things. FTX CEO Sam bankman fried echoed this sentiment appearing at the IAF event also on Thursday. He said crypto is quote not 50% of the world's economic activity right now, but it's a large fraction of the world's economic regulatory conversation right now. Now this is sort of the first time I've seen this type of discourse among regulators. And of course, it resonates with many of us in the space who see how much intense scrutiny there is on crypto compared to some other areas. Another first ish type of statement today, Brendan Peterson reported that SEC chair Gary gensler speaking at Georgetown this morning about crypto regulation says he would support changes that would give the CFTC greater authority in the space. He says the CFTC should have more plenary authority when it comes to rulemaking around exchanges. Nick Dee from coin desk said, think this is the first time he's gone so far as to say the CFTC should have plenary authority. They're not sure this answers the question of what that might look like in the first place. The block added a few more details. Gens are told an audience from Georgetown's financial markets quality conference in Washington, quote. I think the CFTC could well have greater authorities. They currently do not have direct regulatory authorities over the underlying non security tokens. Gens are also added quote, you can count on the fingers of a hand or two. The products that don't fall under the SEC's jurisdiction. Gens are support for broadening the CFTC's authority, follows a recommendation from the financial stability oversight council, a super committee of U.S. regulators, which also made a similar recommendation in a unanimous vote. Now, greater CFTC leadership has been a preferred approach of the crypto industry until recently when the CFTC came under scrutiny for their decision to go after a Dao. Jarrett seberg and analysts with cowan, citing the okie Dow action said, quote, the CFTC is pushing its legal authority. It confirms our view that the agency would be a tough regulator if Congress makes it the lead on crypto. Paul McCaffrey, the head of alternative capital sales that investment bank Keef brea and Woods said, I do worry about the political jockeying for power ahead of the decision by Congress. The desire to one up each other to show who's the tougher regulator. It disappoints me that the CFTC opted for the SEC rule by enforcement playbook. Hopefully we see legitimate process going forward and less splashy grandstanding, which is what I think this Kim Kardashian settlement was with gensler. Coindesk published a piece earlier this month called U.S. CFTC as crypto's regulatory savior, crypto firms might not like what they get. The Securities and Exchange Commission is treated as a villain in crypto, but the view of the commodity futures trading commission as a government ally may not survive the honeymoon insiders suggest. Basically the argument of the piece is just that any regulator, including the CFTC, is still going to support pretty significant enforcement actions. It's not so much saying that the CFTC is bad, it's more just that it's saying that it would be a mistake to think that any regulator is fully aligned with the average crypto industries persons ideal agenda. Staying on the topic of the SEC, however, U.S. senator John hickenlooper has become the first Democrat to publicly criticize as he see chair Gary gensler's approach to crypto regulation. In a letter to the chairman on Thursday, the senator for Colorado said that the lack of a coordinated regulatory framework quote creates uneven enforcement and deprives investors of a clear understanding of how they are protected from fraud manipulation and abuse. He criticized the misapplication of existing regulation rather than establishing new guidance. Quote, at the same time as you have repeatedly noted, existing securities regulation does not cleanly apply. Applying the old rules to the new market could inadvertently cause financial services to be more expensive, less accessible, and the SEC's disclosure regime to be less useful to the American people. Hickenlooper called for the SEC to clarify which digital assets are securities, explain how they should be issued and registered and determine which disclosures are necessary to inform investors. He suggested that the SEC should establish a registration regime for trading platforms and set out rules for trading and custody products. Quote, I recognize these questions are complicated, but it is time for the SEC to engage. Empowering innovators fostering financial innovation, protecting investors and ensuring market integrity are consistent principles. I notice in common period will yield critical public input and enable the SEC to put forward rules that effectively protect investors while supporting responsible innovation. Public input is critical to effectively synthesizing these principles into prudent regulations. There were, as you might imagine, lots of support for the comments on Twitter. Alexander greif, who does crypto and FinTech policy at Tiger hill partners said, this is particularly noteworthy as this is the first time a Senate Democrat has come out and criticized the SEC for regulation by enforcement. When Republicans, Democrats, Jamie Dimon and mat Lavigne, I'll call attention to something, maybe time to do something about it. Congressional letters are an important tool for one, signaling to regulators the stance of congressional members on key committees of oversight or industry jurisdiction, two signaling to the public and industry issues of importance or that war and intention, three creating public record that can be referred back to publicly and hearings or further letters should the recipient do or not do something of reference to let her subject, for assisting a congressional officer committee and key fact finding that may influence later legislation. The partner and head of regulatory and policy affairs at Bain capital wrote, back in 2017, when I started working on crypto at the SEC, we mostly saw ICOs that looked like IPOs. Team selling tokens to the public to raise money to build protocols or apps that didn't exist yet, with little to no disclosures, so the public could know what they were getting into. While some argue that these were never investment contracts, what's undeniable now is how far crypto has come. It's a diverse and vibrant ecosystem of actively used protocols, layers, apps and daos, and tokens can have different purposes, utility and functionality. If viewing all of this through a security lens ever made sense, it sure doesn't now. Stubbornly clinging to the howey test just because some people buy tokens for speculative purposes, both ignores how far crypto has come and threatens the future of this incredible new technology. Julie stitzel, the VP of public policy at DCG, says rule by enforcement diminishes trust between the public and private sectors at a time when collaboration among policymakers and digital asset firms is critical. Regulatory clarity achieved through a fair and transparent process will help digital assets thrive in the U.S.. Now, obviously the notable thing here might be that a Democrat is pivoting to criticize gensler. Hickenlooper is a junior senator so you have to take this criticism of the grain of salt, but still it's a notable moment. Finally, on the topic of regulatory hot buttons, tether yesterday tweeted this announcement. Breaking, tether is proud to announce that we have completely eliminated commercial paper from our reserves. This is evidence of our commitment to back our tokens with the most secure liquid reserves in the market. Tether has eliminated over $30 billion of commercial paper without any losses, a proof of how tether's reserves are conservatively and professionally managed. Tether is also increased its direct exposure to U.S. treasuries by more than 10 billion in the last quarter. This announcement further ensures that tether has a diversified portfolio with limits to exposure to higher risk assets. It demonstrates tether's commitment to lead by example, as part of our ongoing push toward increased transparency for the stablecoin industry. Now, for a while, this is one of the big questions around tether. Whose debt was on their books in the form of this commercial paper. Tether being the lightning rod that it is, when Chinese commercial property developers like evergrande started to look shaky, people even asked if tether had exposure to that debt. Gabor box from van eck said, tether slashes commercial paper to zero. Tether went from 30 billion in commercial paper to zero. The current T Bill and short term fixed income portfolio backing USD T reserves looks less risky to me than most bank balance sheets. Well done to other team. Alastair Milanese says plot twist. Tether becomes such a big holder of U.S. government debt that they are systemically important, forcing regulators to tread carefully. Now, a note on that. According to the press release tether now has 40 billion in direct exposure to T bills. That's about as much as the UAE or Chile, but well short of a major nation. U.S. commercial banks have around 4.6 trillion in aggregate with 1.19 trillion and the 8 globally systemic important banks back in 2020. JPMorgan, for example, was at 370 billion in treasury exposure in December 2020. So while it may not be the case that tether is systemically important yet, that $40 billion in exposure is certainly not nothing. So there you have it, that is the crypto world as I see it on this autumn Friday. For now I want to say thanks again to my sponsors and expo IO, circle and FTX, and thanks to you guys for listening. Until tomorrow be safe and take care of each other. Peace. I want to tell you about coin desk's new event, the investing in digital enterprises and asset summit or ideas. The event facilitates capital flow and market growth by connecting the digital economy with traditional finance. Join coin desk October 18th and 19th in New York City for a 360° investment experience where you can source invest and secure the next big deal in digital assets. Use code breakdown 20 for 20 percent off a general pass. You can register today at coin desk dot com slash ideas.
Another Mother Runner
"greif" Discussed on Another Mother Runner
"Our first streaker is Kathy greif from Tampa, Florida, where she is the COO of an art museum and the stepmother of a 20 year old. Kathy streak stretches past a year and a half. Thanks for joining us, Kathy. It's great to be here. So Kathy, tell us about your running background. Okay. Pride in running for like 15, 16 years. I'd say as a runner. I was mostly a soccer player growing up, like a lot of your other blisters, I've heard about, you know, I didn't really run unless I had to prior to practice or within a game. And I played soccer recreationally through adulthood until I was like 30, 31. And I had a couple of knee injuries and after my second knee surgery, I decided it was time to hang up my boots. Then around the same time, I lost my mom to leukemia and I was looking for anything to kind of get through that. And I joined their program team in training, which I'm sure many people know about, which you raise money for the leukemia society and the training. I did a triathlon. So I had never like ran biked or swam. But it all came around the same time. I couldn't play soccer anymore, and then I was looking to do something to give back to LLS. So that was what kind of kicked it all off. And I started running and biking and swimming. I was in Washington, D.C. at the time, and they had a really great chapter there.
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"Right, Charlie, thank you so much. So big story this week in the VC world about Adam neuman, you know the cofounder of rework experience to make a rise and fall with that company. He got $350 million venture capital investment from Mark and Reese and prisoners startup flow according to those in the know, which made us kind of wanted to look at the venture world generally. Yeah, we're not talking venture capital, those specifically. We're talking venture debt. And we're going to get Greg greif on to explain exactly what it is and what the environment is like right now. He's deputy chief investment officer at runway growth capital. Greg, it's good to have you with us. Full disclosure if people recognize your last name, it's because you are the older brother, one of Katy gray feld's older brothers. And I'm not gonna put you on the spot and ask what our colleague was like as a kid. Oh yes, we are. But I will say I was watching you watching you guys on TV with her and I'm sorry you have to downgrade to a worse sibling. Oh, you are too kind. That's too nice. You're being too nice. I won't tell you how much she paid me to say that. Okay. There it is. We'll take it. So funny. So Greg, let's get started with venture debt. I think there's still a lot of confusion out there about the difference between venture dead and venture capital. So for people who don't understand what venture debt is, explain what it is. And we should note that runway growth capital. It is a publicly held company now. Yes, we took our BDC public last year. So really, venture debt is a source of growth capital, similar to venture equity except we don't really have the dilution since we are making a loan rather than taking an equity percentage of a business. So it's really that fuel to help your company to drop our name increase your runway and your growth without the pitfalls of dilution from equity. So how's it going? And what's the environment like? And what does it tell you about the bigger broader macro environment? Yeah, it's not a pitch my own book too much, but this market is really where debt is made for, where you have a number of companies that are great companies true growth growth stories who last year before the market correction raised substantial capital at valuations that no longer are supported in the public markets or the M and a markets. There's still opportunities for them to grow. They still need capital to fund that growth. And rather than have to have a down round or a flat round by taking debt, companies have the ability to grow back into those valuations and continue to expand their value. Great. Craig, what are the companies right now that you're seeing opportunities with or the ones that are coming to you right now and saying, hey, we need this extra bit of capital to, you know, for lack of a better term, extend that runway for us. I mean, where are the opportunities? What are the sectors right now that you're seeing this happen? Yeah, and we're true diversified growth lenders in the sense where we do software as a service, as you might imagine. We deal with some direct to consumer next generation companies. We also have expanded into life sciences where we deal with medical devices as well as BioPharma development. And I would say that the quality of company in our pipeline is stronger than it has ever been. And that's as we see these companies who really are focused on dilution, but still need to grow. Looking for alternatives rather than mid 2021, you could have done an up round without really much difficulty. So now those companies we see searching for non dilutive capital. Do you see companies considering when they need money? When they come to you, do they say, we're considering venture capital and also considering venture debt or companies in a specific place when they want to tap debt and not give up more equity. Yeah, so advising a founder or CEO or board. I would say definitely wait until the company has grown to a certain scale to support the debt. We focus on growth stage pre IPO pre M and a type companies versus some of our competitors do play in the series a space. Interesting. And I think that you are seeing just boards being prudent about their own cap tables and their own cost of capital now exploring debt more than ever. How often do you say no? Unfortunately, it is a frequent part of my vocabulary. As you can imagine, we see I would hope almost every opportunity in the venture funding world. And it could be the kind of thing where it is a great company. It just might be two years or so too early. Or it might be the kind of thing where they just don't support support the type of loan that we would provide. But do you find yourself Greg staying no more often in today's environment than you would typically or more often saying yes. Yeah, no, I think that we definitely benefit from an increased pipeline. So I would say potentially on a percentage basis, we are saying no more just because we are seeing so much. But I think on an absolute basis in terms of numbers of companies that we're signing up, it does feel that we do get to say yes more. Because that makes sense, especially if M and a is in their traditional or all of those maybe other sources of financing aren't there. Hey, Greg 30 seconds left, give us an idea of default risk here, and how concerned you get with companies not paying you back. Yeah, no, and that's really the heart of underwriting where we make sure that we are rather than just trying to say we believe that there is significant equity support. We're looking for companies that can stand on their own. Either achieve cash flow positivity if they chose to. I like to say not all cash burn is created equal and there's companies that choose to burn cash to fund growth or companies that need to burn cash to keep
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"Count down to the close, Bloomberg's comprehensive cross platform coverage ahead of the U.S. market close, starts right now. This is countdown to the close 60 minutes left in the trading session, Taylor Riggs, Katie greif, of course in for Caroline Hyde and romaine. Joined now by our wonderful colleagues, Carol massar and Tim stenbeck. We welcome together our full Bloomberg audiences across TV, radio, YouTube, and Tim what you don't know is I pulled Carol over in the bathroom and said, if we got rid of you, it could be girls day. You know what? I don't have to be here. I can let you all take it away. No, we do love you. We do always loved him. What we also do love, well, maybe some people, the stronger dollar, certainly investors pushing the dollar higher about 10%, 11% so far this year. Today we saw the Bloomberg dollar spot index touching the highest since at least 2005 eclipsed the peak that we saw in the early months of the COVID pandemic, those higher fed rates and some haven buying really pushed up the U.S. currency, but you have to think about it's going to have big implications for emerging markets, U.S. companies, profits and costs of U.S. exports. So it all has an impact. Okay, I know today is all about banks and Forex, but we can't ignore the pots stocks today. This is the adviser shares pure U.S. cannabis ETF. It's an actively managed ETF incorporated here in the U.S.. It's up 7% right now at one point this morning it was having its best day in months. This afternoon the news that Senate Democrats plan to introduce a bill to decriminalize marijuana at the federal level. So we'll see if I'm not going to do anything of that nature. But we'll see if this finally happens here in the U.S. because investors have been betting on this for years. We knew you were our California. Yeah, good point. We take a look here at the majors. We get serious for a minute, a down under pressure, an S&P under pressure, but actually trying to climb our way back here near the highs of the session. And NASDAQ and the NASDAQ 100 that is certainly here some decent green on the screen. The socks index is while you're up 2%, but the Russell to the downside. So certainly feels like a day in which the major averages are trying to find some direction. Yeah, let's take a look at the S&P 500. The Sox is up, but so is the info tech part of the S&P 500. It might be one of the only sectors that is a truly in the green here. I see a little lift in consumer Staples. You know, you'd think that financials would be the biggest decliner on the day. It is down 1.7%, but it's actually energy that has the steeper decline at 2.4%. Even still, if you look at the individual movers, you are seeing a move lower in those big bank names, of course, JPMorgan temporarily suspending share buy packs. That was the big headline this morning. In addition to missing earnings, off it's absolute lows, but still down three and a half percent. I wanted to point out Costco though, Deutsche Bank, upgraded Costco to buy its sighted consistent execution steady traffic gains, shareholders seem to be psyched. And Tim front ran me a little bit here, but I still want to point out tilray. Also rallying hard off of news about that potential bill to decriminalize marijuana at the federal level too. Okay, you too? Well, she's from New Jersey. We have some Californians in New Jersey folks here too. Something in common here. We are the garden state, New Jersey. You should always from New Jersey too. So we have three New Jersey people in two California. No comment. Okay. Okay. This is West Coast best coast. We'll try to get serious here for a minute. As we sit here in New York, I don't know about that. But anyway, let me end on Caesar's entertainment. Wells Fargo lowered their price target on Caesar's to $65. They did maintain their overweight rating, but still Caesar shares down. Okay, let's get just to PPI. That's the only thing I care about here. Carol and I'd love to get your take here, 'cause we've been talking a lot about the recent divergence that you see there between CPI and PPI for the radio audience will tweet this out and make sure you can see it. But it is just more broadening of these price pressures than I am curious Gina Martin Adams has done killer work on this. And what is that leading indicator? If you start to see them PPI, what does that mean then for the next print of CPI as well? Well, you know what I think. It's interesting to see how much markets have come off the lows, the equity markets. I find that really remarkable, especially some of those big bank names. Morgan Stanley basically recouping all of its ground. You got to go to Chris Waller and his conversation with her own Mike Mickey out there in Idaho because I think we're getting really clarity about Republican get a recession, but if you're worried about the fed even being more aggressive, you know, hold on everybody, it looks like 75 basis points are to come. So here's what Chris Waller had to say specifically to Mike. I fully support another 75 basis point increase. However, my base case for July depends on incoming data. We have important data releases on retail sales and housing and inflation expectations coming in before the next meeting. If that data come in materially stronger than expected, it would make me lean towards a larger hike at the July meeting. All right, Chris wall are speaking there, the Federal Reserve governor, speaking in Idaho, and he again had a conversation with Mike, which I highly recommend you check out that panel, but I do think we're getting some understanding that. Yep, it's going to be an aggressive fed. We're all going to kind of buy into this. We get the implications. And the sooner we get through this and get inflation down, then we can start thinking actually about a rate cutting cycle. We'll keep part of what he said, though, is the incoming data, right? And what's the data that we get tomorrow? University of Michigan sentiment. So as soon as we get that, we'll have a clearer idea because think about what we were talking about a month ago and what we heard from the fed a month ago. It was 50 until it was 75 after those numbers, right? And it's interesting. We were talking about this for a while today that Jamie Dimon does think at JPMorgan that rates will rise more than expected. You have a new recession call from James Gorman saying we might head into some kind of recession, but there is some good news baked into how he is describing it that it's unlikely to be deep and dramatic. So you have a lot of people who are trying to look on the bright side here. Jamie Dimon again, reiterating that this could be anywhere from a soft landing to something much harder. So really the market really grappling here with those range of outcomes, making those data points so much more important. Which is amazing that we're watching every single data point. I mean, those University of Michigan numbers, no one would consider that top tier data in normal times, very solidly sort of the B league round. But now, I mean, every single data point matters and informs markets. Could we argue that the a league is maybe some of that housing data that while a referred to, maybe we'll be getting some of that next week, and I know that the fed will try to focus on more of the economic data than the earnings, but I know we continue to push forward to Netflix and Tesla and on the back Tim of some of the bank earnings that we got as well today. Further sentiment gauge here of Wall Street. Yeah, looking forward to hearing from those other big banks and getting an idea for what consumers are doing. And like shanali said, I do think we got a really clear indication of that from JPMorgan earlier today. Less of a dire weather forecast from Jamie Dimon and really more of like a hat glasses have full that you consumers are in a much better position than they were in. You know, I miss the weather metaphor. There's the weather metaphors and then there's the numbers. We have to remember that there's still a provisioning for loan losses here and preparation for a tougher economic environment. We are not out of the Woods. Yeah, and he gave quite a range and he's watching geopolitically what's going on. I mean, it's what's going on globally and how that impacts
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"Try to process all the information coming in and decide where the fed is on all this and part of the problem is policy works with a lag So we're not really going to know That's what I want to ask you I spend time on the water Everybody knows it I've been having a boat and get to sailboat that when you want to try and stop it it's not like you put the brakes on and it stops So it's very easy Mike right For the fed to do a policy misstep Oh it's very easy And a lot of people have been betting on that That's one of the reasons you see people pushing yields up and the idea that the fed is going to make a policy mistake Because they are trying to look 12 months 18 months down the road and see what impact their policies are going to have And it's really hard to do They're going to have to look at alternative sources of data to kind of get a picture of where the economy is going and maintain some real good close contacts with people in the business world Katie very briefly last thing last word to you what are you watching next I would say I'm watching wage gains in the jobs report that we're getting tomorrow At 8 30 that's going to be fascinating Right If you see any kind of easing right And they have that plays into the inflation picture and kind of the narrative Katie greif thank you so much Bloomberg news senior markets reporter and Bloomberg quick take co anchor here in studio Michael McKee out there in our 99 one studio in D.C. He's of course international economics and policy correspondent He's going to be up at like two in the morning so that he's ready for the jobs report tomorrow He does it so we don't have to So thank you Michael mckean We do listening when he breaks it down Well let's.
Bloomberg Radio New York
"greif" Discussed on Bloomberg Radio New York
"This is Bloomberg surveillance The bond market is essentially telling the fed they're making a mistake I was surprised by this reiteration of the acceleration Tapering The economy still has major supply issues we think that if and when they start to hike they won't get very far I think there is a profit for a bit of a surprise a bit of discomfort by market Bloomberg surveillance with Tom Keene and Paul sweet on Bloomberg radio And good morning I'm Karen Moscow along with Lisa Abramovich and Katie greif and U.S. stock index futures are rising this morning after key inflation data at expectations allowing the Federal Reserve more leeway and rolling back emergency monetary measures Investors have been looking forward to the inflation report in a meeting of the Federal Reserve next week for clues on the pace of tapering and interest rate increases Right now futures again are higher with S&P futures up 35 points down futures have won every 99 NASDAQ futures have a 137 The Dax in Germany is up to tens of upper set ten year treasury at four 30 seconds Yield 1.48% and the yield on the two year .68% 9 X crude oils jumping this morning up 2% of a dollar 37 at $72 29 cents a barrel Co makes gold up 6 10% or $10 60 cents at 1787 ten ounce The Euro 1.1296 against the dollar British pound 1.3233 and the yen is at one 13.47 We want to look at some of the movers this morning for that We bring in Bloomberg's creedy Gupta pretty good morning Karen good morning to you We still have earnings rolling out A lot of that going on in the tech space I'm gonna kick it off here with Oracle take her OR CL Up a whopping 13% of the pre market beating their earnings driven by a 22% increase in their cloud business also increasing their share buybacks by $10 billion similar theme when you have Broadcom earnings take your ABG O up 7% in the pre market beating earnings as well and also announcing a $10 billion share buyback But here's the cherry on top of a pretty good Sunday for Broadcom They also raised their quarterly revenue to $4 and ten cents like I said those shares rallying about 7% in the pre market to the downside though We have Chewy tickers CH wy down 10% missing their estimates and narrowing narrowing excuse me their full year 2021 forecast I want to move on to Lululemon take her LU LU down 1% After the retailer boosted its outlook momentum held up in the third quarter amid those supply chain concerns and analysts lifted their price target So what's wrong Why are the shares down 1% Well it has to do with their outlook for their connected fitness unit mirror that was actually lowered So very very high bar for Lululemon moving on to Costco also down 1.6% similar story They beat their earnings They said they were able to navigate the supply chain issues But then they said about 79% of its import containers have been delayed by an average of 51 days So you do see those shares under pressure to the tune of about 2% I'm going to move on to AMC entertainment We do have Katie gray felt in the studio Maybe she can help me out with this one She was actually up after the company's CEO sold more shares in the meme stock Even Tesla Elon Musk sold his own shares as well And the shares are up 1% So we'll have to come back to Katie to ask what is going on up there I want to end here perhaps with peloton because that seems to be the story of the morning If you're listening surveillance but you know what there is a fundamental reason here and then we'll get to the fun part Credit Suisse cutting their recommendation on peloton taker pto from neutral or too neutral from outperformance me writing that the fitness subscription company will continue to struggle as the economy reopens those shares are down 4% to your PT OM But it seems like it's in the news because of the Sex and the City reboot and just like that tied to a very emotional scene some mixed reactions to the peloton Mister big died after being on a peloton Absolutely We did it all morning John Farrah already killed it If you were watching it we will really see it Thank you so much This is Bloomberg surveillance I'm Lisa Ramos I'm not talking He's off for an extended birthday holiday And with me I am so pleased to say Katie grey felt superstar a reporter and anchor on a Bloomberg quick take at 12 p.m. joining me here in the studio Fascinating day with the CPI print huh I know It is an action packed Friday It looks like though risk assets pretty happy that it seems like this report came in right on the screws on almost every single measure Yeah exactly And people are treating a inline report.
Casefile True Crime
"greif" Discussed on Casefile True Crime
"A search of dylan woods room uncovered three pace cutlery box set designed to hold a coughing naf a lodge fork and a small on-off the small and off was missing. Detectives contacted the manufacturer era. who sent a duplicate. When compared to the wounds inflicted on robert wan this off was capable of causing very similar results. Dylan's room contained a trove of items used for dominant and submissive sex acts including shackles chains with locks metal callers race than ankle restraints clamps. Hoops and mouth gags. He also had a collection of manuals on saito masochistic practices and books dedicated to the subject of inflicting pain owning sliding others fifth sexual gratification. Many of these texts contained passages highlighted bother radar. When these autumn's were first discovered dylan was up front with detectives. Hey and joseph engaged in bay. Dsm that was an acceptable explanation. But in the context of rubber wan's murder police did one da whether the autumns were used to restrain or smother robert. Traces of sayman were found on and around. Rub its genitals when tested. It produced puzzling result. The semen belonged to rub it but there was nothing to suggest. He willingly participated in any sex acts. The nod of he's murder. Among dylan woods belongings was an electrical shock. Waves regenerate this device controlled by a second party released electrical impulses capable of causing the target individual to ejaculate even when sedated orinda anesthetic a search of joseph process computer indicated that he and dylan were familiar with this machine on a fetish sought that he belonged to joseph listed electronic toll. Cia as an activity that he and dylan enjoyed rub. Semen was found inside. He's done rectum with authorities pointing out that quote. There were many autumns and devices recovered from dylan woods bedroom designed to being sued into one's anal cavity. A medical examiner concluded taking all the evidence and circumstances into consideration. This funding funding is suggestive. Of mr one. Having been sexually assaulted. No foreign dana was found on robert unsurprising. Given one of his treating. Paramedics was of the opinion that rub it had been stabbed would ray dressed and placed in bed during his interview with police following the murder dylan mentioned rating before. He went to sleep in his room. Detectives found a new york magazine. Open on the floor to an article. Todd old light works rotas confronting the end. It was accompanied by an illustration of renowned english playwright. Poet and dr william shakespeare lying on his deathbed he's buddy was positioned in the same way that robert one had bane when he was found the first. The lawn of the article read lost words recorded and treasured in the days. When the deathbed was in the home have fallen from fashion. Perhaps because most people spend their final hours in the hospital to drugs to make any sense. It was months before police publicly. Joseph cross victims boesky and dylan ward as suspects in the murder of robert wan. Their eds will light a criticize. The sluggish and floored due to the abundance of circumstantial evidence. Implicating the three men from the get go aven. The interrogation of the three suspects was considered sloppy. Far too much focus was placed on trying to establish a sexual relationship between one or role of the parties with the robert. Despite the slade. Bain completely unfounded. Anything compelling that should have been pressed hodeida such as joseph's to tales of where he apparently found being injured robert. The patio or the guest room fell by the wayside by the time. Police zero dean. On joseph victor and dylan. The men had lawyered up and were no longer cooperating. Detectives now believed that either two or role of the men committed the murder or knew who did and recovering for them. All they needed was a motive yet. Things continued to move at a slow pace at ye passed without any concrete leads that could result in arrest or better still a conviction was passed between three different prosecutors and evidence from their house was still being processed at twenty. Five thousand dollar reward was offered by police for information and to lead to plenty of tibbs but the money was never handed out kathy. Juan had so far grieved for her husband in private and kept away from the media but she was compelled to step forward in a statement printed in the washington post. Cathy said anything. Short of full and complete cooperation is very troubling and essentially is equivalent of helping rub. It's killer or killers get away with this terrible crime. She also describe attache had cooked with her husband's murder quite during this year of intense sadness on land. That being still letting greif interrupt whenever wished was oftentimes the best thing i could do for myself when greif barges in and demands visit. It's best to let her have your undivided attention. Frustrated by the lack of progress. Kathy held a press conference around the one year anniversary of roberts meta fielded questions from reporters about the investigation and the alleged involvement of joseph price. Victims of boesky and dylan wallowed. Kathy had a message for roberts killa. Her choice of words seemed personal as though she had her own suspicions as to who was responsible. Having on your conscience is there's always carry as i national possible passing.
Think: Sustainability
"greif" Discussed on Think: Sustainability
"My name's zoe set a kiss ski. And i'm a senior electra. At the school of design at ut and a lot of my research is around how we can visually communicate ecological issues like climate change and biodiversity loss in a way that engages people in mexican think about action that they can take and ways that we could adapt to live differently for a more sustainable future. So what is comet fatigue. And why don't we feel it. Yeah climate fatigue and eko anxiety. This lots of tomes for these things And it's it's very real. I mean i feel a sense of grief and anxiety often in the research that i do But i think what's really important is starting to accept and engage with those feelings and not hide behind them feeling the feelings it seems straightforward but when we're experiencing such lodge ecological shifts at a rapid right. Zoe explains that. We must reckon with the inevitable. Greif of that experience in order to create change. One of the. I guess the the incredible moments for me. We call it a disorienting dilemma was. When i'd been overseas i was on a research trip overseas in november twenty nine and so i actually missed the start of the those horrific bushfires that blackened seve knee and i arrived at after a month of being away and as the plane flew into sydney. I just saw the red sun that you could barely see through. And i felt broken because i was homesick. Can i was ready to come home. But i flew into a home that i no longer recognized. There's a term for the switches. Solis style and it's a feeling of homesickness for a place that you a still with eaton
Think: Sustainability
Art and Climate Fatigue
"My name's zoe set a kiss ski. And i'm a senior electra. At the school of design at ut and a lot of my research is around how we can visually communicate ecological issues like climate change and biodiversity loss in a way that engages people in mexican think about action that they can take and ways that we could adapt to live differently for a more sustainable future. So what is comet fatigue. And why don't we feel it. Yeah climate fatigue and eko anxiety. This lots of tomes for these things And it's it's very real. I mean i feel a sense of grief and anxiety often in the research that i do But i think what's really important is starting to accept and engage with those feelings and not hide behind them feeling the feelings it seems straightforward but when we're experiencing such lodge ecological shifts at a rapid right. Zoe explains that. We must reckon with the inevitable. Greif of that experience in order to create change. One of the. I guess the the incredible moments for me. We call it a disorienting dilemma was. When i'd been overseas i was on a research trip overseas in november twenty nine and so i actually missed the start of the those horrific bushfires that blackened seve knee and i arrived at after a month of being away and as the plane flew into sydney. I just saw the red sun that you could barely see through. And i felt broken because i was homesick. Can i was ready to come home. But i flew into a home that i no longer recognized. There's a term for the switches. Solis style and it's a feeling of homesickness for a place that you a still with eaton
Today in Focus
"greif" Discussed on Today in Focus
"Is really tough so kids like rubbing dan and mike. They have a huge spotlight. The nation's sympathy what kind of support systems were put in place around them while being nine eleven being the kind of big swells event in our lifetimes you can imagine that there was a lot of fish oil and governmental support given to families who lost people on the day that included lump sum subsidies for families. That helped them go onto lead comfortable lives. And also that was this summa cum called america's camp. It was one week every summer is usually held in massachusetts and it brought together kids who'd lost apparent nine eleven. We went water skiing. Or we did gymnastics or knitting or all these fun things and we danced around the lunchroom and it was just a safe fun place where we could be kids. So in the aftermath of these attacks vicky her daughters and robin. And then dan mike friedman they become celebrities of kind but even after an event this horrific the us move on. I'm wondering after that. Immediate glow of fame subsided. What was life like for these kids who had to then live with this greif and this confusion as you say i think over time the grief that the kids felt became less a shed public experience and it closed into becoming a more private thing. Robin remembers generally having to deal with anxiety and stress. She found it very very difficult and has done over the years to sort of walk into buildings that she hasn't been to before when she goes to the cinema some other to go in before she does to just check. It's okay. i think it's just because i grew up knowing that my dad walked into work one day and never walked out. She's also described how over the edge. You might call it. A form of bullying might may be too strong a word but she has faced difficulty from other kids at school particularly around the nine eleven anniversary period. Even people who were my friends will come up and be like. Hey how you doing are you okay. And i'm just like yeah. i'm fine. I'm just trying to get through school. She found that very distressing. She didn't want to have to talk about that. She also had this spooky sense that people wanted to to break down. They wanted to see her best into tears. Around the time of the anniversaries every time an announcement would play and i would start. Tearing up a little bit you would see all the is just gravitate towards me. The kids also described to me different ways in which shave. Learn how to kinda feel better about what happened and memorabilia. Important like having trinket soul possessions. That fathers had one of the twins has a golf club that andrew friedman news to play golf with and he keeps it in his locker at the club now plays at and says he will always do so that kinda comforts him in robbins case. She had a pink bunny or four her by robbie her father and he bought the pink. Bunny when they land that the fetus in vicki's womb was going to be a girl and robin describes i as hugely important to her because she'd be anxious that he didn't know how you know it's kind of weird because we think well she didn't know him but what bothers me most is that he didn't know her and the fact that he bought her a pink bunny tells her when he did know her in knew that she was going to be ago. He loved her him before she was born. That gave me a little bit comfort knowing. Yeah he knew about me he knew i was like he was excited on me. It's such a complex gray from and i. i can't imagine what these kids must have gone through. You mentioned that as they grew up the reaction of their parents was to shield them a little bit from the stories of their fathers wondering over the years as the kids got older. Did they try to fill those gaps to learn what actually had happened on that day. Yes i think that is a pattern that happens to a lot of these kids and certainly to the people. I spoke to so for the twin towers of mike and dan. If you recall. They were left with the impression that their father andrew had plenty of. And that was the phrase that the principal had used when he pulled them out of their claws on nine eleven itself and so they would left with this idea that in the period of time an hour and a half were before the collapse of the tower. That things have been okay as only in their twenties that their mother shared with them. What actually happened not was that the plane had hit the tower in such a way that flow he was on was almost constricted. There's a lot of smoke in the air. The walls caving in stairwell was completely inaccessible of the coughing. All the choking. Google jumping out of the building. It was basically an hour and a half an excuse. My language it was an hour and a half of how that was that was painful to hear so they had to get the head around that very very difficult. I mean that is so terrible. It was such a horrific thing to learn about your father as they said about learning more about the dads the good stuff as well as the bad did it make it easier. Somehow that's right. I think they started to build up a more rounded picture of their father and of nine eleven over the years. They've talked to many many of their father's friends. They described that follows amo- sociable guy had more friends than anyone in the world and those french chad. Lots of happy stories about his obsession with sports. And how much they loved them. His children no matter where we are with seems like we hear a new story. I feel like every week. I learned something new about our dad that we did know. And we've all been your dad very very well. I think that has helped them over. The age know him better but also feel better about his loss. And i think the same pattern happened for robin and knew. My mom had a hard time talking about him as a person because of her life and she was so afraid to let go and talk about it in the absence of her mother giving much information to her she kinda filled in little holes spy talking to father obese friends and as a result she gained a much broader. No much happier picture of her father. So the little bits and pieces i know is that he was exactly like me. He was this crazy funny goofball. Who did these randomly impulsive things. And he liked to make people smile and laugh and he was one of the greatest people ever one of the themes that runs through these interviews. You've done it. Is that for the nine eleven kids so robin for example being who they are came with an extraordinary amount of pressure like they were cost as characters in a play that others had written for them. And i'm wondering if there was anything in the prevailing national mood that they did relate to.
EV News Daily - Electric Car Podcast
"greif" Discussed on EV News Daily - Electric Car Podcast
"About. Four hundred eighty horsepower. And that's a hefty bump over the three forty six on the all wheel drive version of the mac. Eight anyway Four hundred eighty horsepower. Propelled him to a quarter mile. Time of twelve point six seconds speed trap of one hundred miles an hour which seems slow to me. But i'm no drag expert nor to sixty miles an hour. Three point eight nine seconds without a foot roll out so not to sixty banging line a little bit under. I think what Over rather what. Ford simon before include the rollout out the runs were taken though at seventy two percent states of charge. And if you knew to the podcast. Firstly welcome and you'll pick up lots and lots about electric vehicles hopefully here with myself and the rest of the listeners But yeah so. As states of charge goes down in the The is another way of saying that is that the voltage of the battery is decreasing and as the voltage of the battery. Pack goes down. You have the ability to pull less power from it peak power when you're doing extreme runs so you know ideally would be charged to one hundred percent rather than ten percent this seventy two acceleration past one hundred miles. An hour appeared to be slow so much that the driver thought there was some sort of governor coming into play once the one hundred miles an hour the runs were indeed made with a sudden mood turned off it was the unbridled extend mode. I done what that is. It's a feature which intends to balance power output for lap overlap overlap consistency if you are racing car on the track but i've driven the mac eight g. t. performance edition. But i wouldn't say if. I had the chance next headline story today. Riven haven't been too keen to let journalists drive their vehicles the one the one s they don't need to they've sold all of the vehicles that they can possibly make. And so why would they get the press involved when the press sunday going to be critical. Reveal innovative darling of the ev weld at the moment heading towards a public float an ipo. Eighty billion dollars is Some estimates of what they could be worth which seems to me a little insane for company. That haven't actually made anything yet. Notwithstanding some handbill amazon advance but the won t. The truck is now in the hands of motor trend website. They say it's unlike any pickup we've ever driven apart truck parts sport sedan and one hundred percent amazing. Cpr fisher vian had written. They sell anything they would write anything. any better than it has been speculated pick up by the two conservative to go electric but they say after i i drive in the pre production ravina one say they went off road on road They think that they will Ton truck owners into believe believers the standard on road. Drive mode is called all purpose. Didn't know up They've been playing around with it. And if you never switched the ravine out of the whole purpose mode they said you know it would be fine. It would be swift and surefooted But you can switch it to two wheel drive. So it'll be front wheels the gap howard not rare so you can make you can force it into being a front wheel. Drive vehicle has a separate set of drive modes for off roading. They allowed the driver to raise the suspension to ease the throttle response by various degrees. Motor trend say that unlike an internal combustion offroad review has no dangling bits for want of a better phrase. They didn't say that. I did low-hanging. Bits is what they said drive. Shafts dips and exhaust pipes. Things that get dented and dinged climbing over rocks. Instead a smooth flat undertray from which the wheels and their attachments protrude there is no crueler gear ratio no differentials to lock anti roll bars to release simply stare and go all. Stop the review. Now on t. Has four levels of region. They love the screen and the crisper graphics and smooth and missions. I said the menu system has a learning curve like much like other. Av makers like tesla. They've put everything onto the touch. I want to change the vents of the air conditioning. In any other call you reach down on you changed the vents. On this one you start bringing up menus and sub menus etc. On several occasions we found ourselves unable to adjust the cruise control. They say simply because the steering wheel buttons were still set to a different adjustment. Like the mirrors will the steering column or something. Yeah like these multifunction buttons Very common increasingly and the haptic smooth buttons which are getting you know a lot of attention in the vw costs. i'd. I'd like him honestly. I just for the sake of a button. i'm old. I liked if i'm driving. I don't take my eyes off the road. I know that my thumb can drift to a certain button. I can feel it with my with my finger and you just you push a button rather than oh. Let's dive into menu. Menu menu sub menu There's the thing we wanted all that time. You're not looking at the road. But my opinion many disagree next tesla are in the news and a new survey shows the take rate of full self driving a large stuff. I have tesla owners gives us a good idea of the take rate for. Fasd is an important metric for tesla electric reporting on this one tesla has increased the price of ten thousand dollars in the us. Now in a survey of seventeen thousand. Tesla buys shows us some interesting data so these are seventeen. Thousand tesla owners but it is a survey done online. The take rate of full self driving has been charted worldwide and it stands at eleven percent. What do you think is that a good number or a bad number for tesla. First time we've had that exact number. The increase in sales of tesla's in china and europe could be a reason why full self-driving is low. As you think eleven percents a low number. It could be. Why more cars in china more causing europe. We can't use that capability we are somewhat Hamstrung hobbled if you like so certain features which Being used in the. Us just don't work overhead because the regulations don't allow unsurprisingly the tae greif s annex is also much higher and much much lower for three. And why of course if you buying a forty thousand dollar car is a little to swallow to say well. Hey you got a fancy pants software system. That'll do some steering for you for a quarter of the entire price of your vehicle so whereas they hundred and fifty thousand dollar models plaid well like it's a much smaller percentage of the vehicle to add it on but interesting so again you take it for what it is. It's not scientific surveys. Not the actual manufacturer themselves giving some official data on this but is an interesting data point. Next we'll talk about a major supply to the automotive industry. Predicting a huge boost with the magna is there. They are the c Swami caught gary. I had some interesting things to say on the youtube show auto online this week..
The Paul Finebaum Show
"greif" Discussed on The Paul Finebaum Show
"I never told you this after i work for you guys in retire i wanted to shelter homes and they were told you that i've never heard that before. That's great my couple reasons. Why i am would beat alabama. This year is one that solely closing the gap in recruiting with alabama. And my team that we on the field rawson recruiting in on the field. They're slowly closing the gap with alabama in recruiting we authorities texas right now for free as well so close knit cap and to mad. You realized that the alabama game is the six game of the year. Yes i know. Paul i completely blow the first five games often and continue to obsess. I five games off my whole opinion. I five games has come out and brought the teams. I forty eight points at least thirty. Eight points in that struggle on defense and it's clear down. You got teams like arkansas and mississippi state. I keep hearing from mississippi state fans. I'm how great they're going to be this year. So you're you're laughing mckay it's gonna stop then greif just wanting your thoughts on what had to say about my readings in eighteen forty five games. We'll man. I just can't get hung up on a game that october ninth. So i'm going to pass on making anymore predictions. Hey appreciate the call. Thank you very much. Gene is up. Next in nashville. Jane yes fall yesterday. You mentioned What you said why. Urban meyer would not be a success in f. l. I had static on my radio. And i wish you could repeat that because i didn't hear it well. I think you've already seen a couple of things that have happened. You know the situation is personal. So i am not going to put him blame him for that. I don't know the truth. I don't know whether he wants to show or tibo went to him. But since tibo is like a sunday him. I'll i'll give urban meyer pass on on what turned out to be a bad choice. Show since tibo is the first player cut. It starts with the strength and conditioning coach that he hired that had a bad reputation in iowa. He was tone deaf there. There are other things that i've seen him do that. That are simply unorthodox for the nfl and ultimately the reason why i think he will struggle. Is that winning in the. Nfl is essential. But you are going to lose some you can get to the playoffs at nine. Seven in urban. Meyer is one of the worst losers i've ever seen he. He has never lost very often. And when it does it begins to eat away at him. And i don't think he. He has the makeup to survive the losing this year and he's got a terrible football team. I watch their preseason game the other night and it'll be shocking if they win more than five or six games. I'm not sure he's he's going to be able to handle that. And ultimately i think he will self destruct like he's done a few other times in his career well. only the previous times at florida ended ohio state. He had success there but but he never. He couldn't finish the job we will. We will go to a break. More of your phone calls at eight five. Five two four to seven too much to do including a conversation with josh kendall right around.
Mom and Dad are Stoned
"greif" Discussed on Mom and Dad are Stoned
"It was very loud and that hasn't happened in years. So the crows make the most noise followed by the and blue jay. But other than you. But you're right was like jason private. I saw one this weekend like serie. I see it every once in a while. I do very mean and they're very loud. Well anyway. we have this little yellow finch dancing around our our yard. Little tweety sounds. We asked my sister in law was like all those finches and they come in all these for colors and they gotta eat very specific stuff and devious discussions phone like order food and binch feeder and we put it up on our deck and now we're we're praying for the veggies so in right after we put it up there like instantly. We're sitting there. Greif inch four countries flew right by it and one of them like the kind of looked at it landed on it and then they also except for one and he. He's looking at me looking at the feeder looking at me looking to jump in on the feeder Jumped on the little bird. Coughing looked at me poked out real quick and flu and i was like man. He really he wants it and now he went back and i hope. He told his bench buddies to come partake. Because we have so many seeds for if any of you listening. We got like a year supply. But if the show becomes a bird bird-watching cannabis would be awesome. Can you imagine what a great hobby that would be. Yeah i kinda wanna get into bird-watching. Yeah i think so or bird attracting to your yard. Both i've seen birdwatchers on the north side of where we live for years and years. I think i would be into that when literally like trees get protected and like everybody pulls her car over gets out and takes pictures of the top of the tree dots and like people take it seriously her. I think it's i'm looking at look at butterfly. It's like there's then we also have this like butterfly sanctuary yeah. They migrate in our backyard for a while. And they're beautiful. I learned about these hornets. Wasps that like kill caterpillars hallways fucking woman down like stabbed them to death and shit on your tomato plants and stuff. It's the word. They're so mean they're terrible. We've really been talking about like we've got to do something in our yard and make it more like pollinating be friendly because we don't have any bees in our yard ever all. I ever see your wasps hornets. And i don't even know what. I'm looking at yellow jackets. I guess yacky mean things not sweet fat honeybees. No and i'm hoping maybe some of these birds can eat these insects right. There's gnarly looking anyway. I feel like birds love inside. Okay well anyway. That's bird death back. Backyard bird talk with kathy and dave in the morning. okay yeah. I'm looking at are catching up. Notes okay next. It's back to prep time. It is ma'am. I don't even want to face it. I am forty five thirty five percent on zero percent done. Maybe ten percent done. I might be forty percents. I'm dedicating my next week into that. But you know. I gotta by the school supplies. My daughter is in soccer. So i her soccer uniform i gotta get her pleads you know michael chooses growing up soccer indoor vans indoor soccer shoot cool had them in blue and black..
Buddhist Society of Western Australia
"greif" Discussed on Buddhist Society of Western Australia
"The point is the second type of the door. My heart's open to you. No matter what you do even if you tie that type of love gives you peace it's a love embraces reality rather than what's the opposite of love it will a lot of the stuff in life is ill will anger. That's why whenever there is. A loss and grief is often associated with it will anger as part of the symptom of grief is the opposite of lavish fighting reality fighting the world. This shouldn't be. This mustn't a. I'm not going to let this. It's controlling again is coming for me. Mine this my son. My daughter my husband. My wife died when it comes to me and mine. The ownership is not a detached. Love is an attach love. That's always gonna to suffering when we can understand this lofty talk floss to detach love love without the self and only accept seems like like grief like this and allow it to disappear. We can also let go of one of the other great problems the self greif the guilt. I shouldn't have done this. Why did i do this now. A lot of that you will towards oneself. The opposite of self of selfless love can be overcome to spice saying. Look the door of my heart's open to me I've ever done just the way that much father said to me. I've learned how to say that to myself. I encourage other people to please try that. Say that to yourself a matter. What you've done you say to yourself. The of my heart is open to me about what ever done in my life. If you can do that is cold. Forgiveness is cold letting go is being self less is always that aspects of us which is divided were feeding whole defeating one with oneself sometimes ago. Religion is at sense of oneness. Lech contemplated that a lot and one of the reasons why that sets of wellness wholeness is absentee. Many people is because they Cells into their own hot. They keep pod themselves outside the pot which sent out of the policy feel guilty about the pot which they simply that like. They say it's part of me. I could like this part of me. I could accept an embrace this part of me but other parts. No way keypads is that that's part of you as well you'll past your mistakes and your successes hold of you so exciting. When we can embrace all of ourselves we really find that selfless laugh at detach love which says off my house open to me no matter who i what i've done all of this coming. That's the only way they control the expense left to another. You say to your husband your wife your partner. Your friend doesn't matter who you are. You do what you've done all of my heart. Why did not acceptable of you. I love you no matter where you go no matter what you do matter what you say something about that laugh which is greater an old. If y'all mistakes you can always already say that. That type of life is going to a different level. The unconditional selfless in. Allows you to be at peace with other people in the world. It allows the palestinian to say to the israeli matter. What you've ever done though to my heart is open to you. I can live at peace with you. Put aside to the christian even just do agree with you about this gold business mind. I can still be a close friend. That door to my heart is open to you as well. It's stokes wars stops arguments stops separations. The stops biggest war in the whole world. War inside of you door to my heart is not open to life is part of life which is not why i'm gonna kick out the disappointment. No getting my own way. Old age sickness. That's why sometimes that type of love. Sometimes you ask people. Do you love life your hands up if you love life. They'll put their hands up an say you love half of life the nice. How can you love the other parts as well. You know once you make that job to be able to have that selfless detached. Love so amazing. Just what you could big into your heart. That second type of rather detached love can actually love kevin. Love separation can love things. Going wrong can love mistakes it embraces them the embraces. This is wonderful sunset ending the day embraces. It like the say of the ending of a concept. I don't go to concerts anymore. Among i remember the caucasus they recitals abandons member when you went to called last time stand up give another very should to the band. The orchestra shout football screed. You feel so good at the end of the recital the pot of the concert. This is what we would is funerals. Give a standing ovation. The person has died. What a wonderful life. Be such a wonderful concept so great knowing you thank you. So much of my heart is open to you. Someone who comes to a short time..
Ladies, We Need To Talk
"greif" Discussed on Ladies, We Need To Talk
"History and i really just thought you know. What am i waiting for. On the actual dave insemination just went into the clinic and the whole process took about five minutes. It's so quick you lie down inside the sperm into your uterus. So you kind of feel it of wash up into your body which is sort of like a brief cramping feeling and then the doctor said to me. Okay you can go now. And i said to her well done. I need to lie down. O behar's until for some period of time you said that's a man. Okay so i left. And i thought to myself well. It might be a myth. But i just paid over two grand for that sperm. My for about fifteen minutes so allay horizontal my car wedged at a very odd angle for a while and then i drove off and that was it. Just going back to that girl who imagined a future where she'd have a partner and would be the settling down and making a baby. That narrow did a lot of people have was greif enu when you had to let go of that story. Yeah definitely. I think you have to sort of grief that old narrative before you embark on a new one. It's so ingrained enough. You're attractive enough. You'll smile now if you whatever enough you know you'll meet someone. Look don't worry don't worry eventually it'll happen you know. You don't have to take this kind of desperate measures. I thought well. I have tried really hard to meet someone. It's not. it's been a long time. You've tested out a lot of options like driven all the different vehicles. I've got nothing against the idea of romance and love and it would be right if it happened in the future but that unfortunately is not on the same time line with having a baby so i had to get really pragmatic about it. Alexandra was really fortunate. That one time she got inseminated she fell pregnant and carried. The baby to term. Other women aren't as lucky. Samantha is forty two years old. I have had three stillbirths. Eight miscarriages and the loss of identical twin girls judah cord entanglement. Sorry there's been a continuation of pregnancies and losses and heartbreak. We first met samantha on two of ladies. We need to talk when we spoke to her about pregnancies twelve week rule and the tabu of miscarriage. Sam has been trying to have a baby for the past. Eight yeas and the grief of so much loss and trauma has taken its toll poland. I separated light us. Chea.