21 Burst results for "Gunderson"
"gunderson" Discussed on Ben Greenfield Fitness
"Expenses, already won. So now it's wind and play, choose what you want to do with your life. So it's all those concepts of how do we win before we begin? How do you profit from day one? How do you become a cash flow investor instead of an accumulation based investor? How do you plug financial leaks and keep what you make without cutting back? How do you invest in yourself and your quality of life along the way? So I'm a little bit passionate about that. So it was a short question. And I just bombarded you with all these ideas, sorry. Yeah, no, that's okay. I like guess who I can just wind up and let go, so I can wander around my office and pick my nose. Is there giving the reply? Come back to the microphone and quickly unmute myself to jump back in. I'm kidding. And so disrupting sacred cows, you get into a lot of this. And so folks, there's a few books you're going to want to jot down. The state killing sacred cows is a good one. My son's actually read that for their financial curriculum. This new one disrupting sacred cows is going to be available about the time this podcast comes out and I think Garrett said it was something like Garrett Gunderson dot com slash Ben, but I'll link to all this if you go to Ben Greenfield fitness dot com slash cows and then his book habits of the billionaires. Now Garrett, you know, we started off talking a little about comedy and I am going to put you on the spot here and ask you, is there a way that my audience could get an insider sneak peek in the perhaps a joke or a set or whatever the lingo they use in the industry is that maybe you haven't performed yet on stage that you want to test out on me or my audience to see how it resonates and see whether or not you get crickets, rotten fruit or laughs, go for it. Okay, let's see that I haven't really performed. Yeah. Can't be something fringe like, oh, this is my Teddy Roosevelt impersonation. No, no. Okay, so I'm writing a book right now. Called life after debt. Life after debt. And it's a comedic look at debt and money. So here you go. This is the first time bringing it to a group, all right? Okay. Okay. So that is the real four letter word that fucks you. What happens in Vegas stays on your credit card? Well, and sometimes your dick. So I've heard. A word so close to death that sometimes it's hard to tell the difference. Debt and death are the new inheritance. What do you get when mom dies? Oh, hey kids, love you, enjoy these bills. Hashtag legacy PS to be fair, you are my biggest expense, good luck, xoxo, signed mom. Dad, it's something easy to get into. But and by the way, that's a big but not always to get out of. Yeah, I bet I remember getting suckered into this with my first credit card. I was 18 years old and some hot girl was giving out free t-shirts with a 29% interest rate card. Turns out that was 29% more interested than she had in me. The cycle begins. I guess that's why they call it Mastercard because when you get one, you become their slave and spend years trying to buy back your freedom. So I keep going, but those are just like the jokes I'm working on in this book right now that'll end up being my special number two. That's pretty good. You know what? I think you're on track there, Garrett even though I know it's hard to do comedy in front of a microphone on a podcast when you're invisible, but really the only debt joke I ever heard is probably going to in addition to alienating our which audience listeners did we alienate. Our Indian listeners by talking about killing the sacred cows and then who else was it the vegans? I forget. I alienate vegans on almost every podcast. But here we go. The only debt joke I know is what kind of debt does it does a paraplegic have? It's crippling debt. And highly insensitive, I know. Anyways, though. If you upset vegans and I'll go ahead and one more joke. Okay. So killing sacred cows. I do my very first podcast after I wrote the book, and I'm super stoked about it. And the guy goes, oh, we've got the author of killing scared crows with us today. And I was like, what? Is that what the hell is that book about? I'm a terrified bird murder enthusiast or what? And the whole time he kept saying killing, scared crows, killing scared crows. I'm like, nah, you know, by the way, it wasn't a book about harming birds, or even killing scared or sacred cows. They're like, is it a book on veganism? No, it was book on veganism. I would have mentioned that immediately and often. Plus, vegans are so full of themselves, which Ben, I think, is the only way they actually get full. Well, that just means Garrett that the next book needs to be called barbecuing grass fed cows. And that way you'll remember you posted when we went on that outcome and you got some death threats for going to Dell hunting. And it's funny. You get all sorts of upset comments from people when you post pictures of hunting or providing or harvesting animals, unless there's like there's some kind of a switch. If it's like an insect, or a fish, people really don't have a problem with that. But it's something about like, I don't know the snout or the hooves or the eyebrows, something like there's a line that you cross. There's a threshold that you cross. So I don't know. Did I remember you go, hey, do you want to go running with me? And I go, yeah, and then like two days later I go, dude, check out this gun I just bought. You know, we're going hunting, right? Oh yeah. I'm so for 33 straight days I shot my bow. And.
"gunderson" Discussed on Ben Greenfield Fitness
"I'm just giving an example that turns now a lazy asset or stagnant asset. Equity in a home into cash for you because you have a death benefit that would then replenish the bank for getting access to that capital and never have to owe a penny out of your own pocket. The death benefit takes care of it for you. Plus you have this cash value along the way, then maybe it's only earning 4%, but that's a tax benefit with 4%. And once you get paid the interest, it never goes down. So in the markets chaotic and things go down and things are now discounted or on sale, you can take that cash value and acquire assets. I've done it, I bought a business in 2014 doing it. I put in a TV studio years ago doing it. I launched my first book, killing sacred cows, even funded my comedy special that I just filmed. Myself with my own cash value. And then I just pay that back on my own terms. And I can do it again and again. And does that affect, 'cause if you were to do that would say like a credit union, and kind of a two part question, I know two part questions are a no no, but I'm going to ask you anyways. So could you get a better rate barring against your own policy than you would from say like a credit union and would one reason for borrowing against your own paid editions using yourself as a bank, be that doing that wouldn't affect your credit in the same way as say barring from a credit union? Yes, it doesn't impact your credit at all. Okay. So and you don't have to apply for it using any level of credit. You simply have to have cash in the policy. And you can get access to it. Now, I've even seen people use their cash value, go to a bank and say, hey, will you give me a line of credit against this? I have a policy called a premium finance policy bank. So I've got 26 whole life policies between the ones on me because I started one when I was 19 at 50 bucks a month and I make a little bit more money now. I've got one that's on my wife on business partners on my kids. So I've added up a lot of policies over the time. But I also have a policy called a premium finance policy where the bank lends me money, which I get between two and a quarter percent to 4% depending on the year. The bank lends me money and then I put that money in my cash value and they use that cash value as collateral. So I'm essentially earning more my policy than the banks charging me, which is kind of how the banks work against everyone else. I'm now using the banks to do what they do to everybody else for myself. So that's another way I can even borrow from the bank and use this collateral. But I've used cash value without it hitting my credit at all. And I know people that use cash value to get loans from the bank using the cash values collateral and they can lower the interest. I've had someone get a one and a quarter percent loan using their cash value because usually when you borrow from the insurance company, you're going to pay an interest rate that's similar to what you're earning, which might be like four or 5%. So it might be even cheaper to just use it as collateral with the bank or a credit union, but then again, it just depends on if you want to take your credit score or not. Or if you want to fix the payback or flexibility. That makes sense. And then all the paid up additions are tax deferred, and then the death benefit itself is tax free, right? Right. And if you own it properly, like someone has a more substantial net worth, maybe above 10 million or more. They start to hit levels where they could get hit with the state tax. But you can actually own your policy through something like a domestic asset protection trust, and then you no longer own the policy, but you still control it. The Rockefeller's always had the philosophy own nothing control everything. So now the trust owns it, but you then get to determine who you're trustee or your distribution trustee is. So you can still access the cash value. But now it's income tax free and a state tax free. So that's even more powerful. So yes, you can definitely make this completely tax free other than I've seen people try to make this pre-tax where you put it in before you pay taxes. They've used things like trust and things and there's been these things like four 12 eyes and four 19s. And I never use those because now it's a government qualified plan and it feels more like it's tax deferred than tax free. And I'd rather pay the tax on the seed than the harvest, so to speak. And I don't really want to invite the government more into my life because I think that the taxes could go up in the future and I expect to make more money over time and in the future. So I never defer taxes. I like to just save tax instead of delay tax. And most people in retirement planning are addicted to delaying taxes, not necessarily saving them. That makes sense. So the whole life insurance, I know you really get into that in disrupting sacred cows and also your book habits. Is it called habits of the rockefellers or habits of the billionaires? So I wrote a book, so Bern harness wrote a really good book called the Rockefeller habits. And I think that book may have inspired me to call my book, what would the rockefellers do? And then what happened is the Rockefeller family through their attorneys reached out and said, hey, we don't want you using our name on the cover of your book because we actually own a financial firm. We said they said, we don't have a problem with what's in the book, but we don't want you running ads on Facebook and stuff with our names. So we change it to what would billionaires do. So what would rock votes do? What would billionaires do the same book? Okay, got it. And do you think that that would be if someone really wanted to learn more about the idea that you've just outlined about how to how to use whole life insurance in a very intelligent way and also to set yourself up as your own bank? Would you say that would be the best book or do you have a book that's kind of like you'd recommend as your go to book on whole life insurance? That's definitely the book the best book on whole life insurance. And we put together some resources for you Gunderson dot com slash Ben..
"gunderson" Discussed on Ben Greenfield Fitness
"All right folks, so I want to introduce you to my friend. Garrett Gunderson. Garrett's really cool because not only has he written really like, well, one book and now two books that have influenced me tremendously in the realm of finances, although he's had his fingers in many books, including a book about habits of the billionaires, you know, kind of getting into the idea of operating your family, your trust, your constitution, your finances, your family bank, et cetera, like the Rockefeller family. He wrote another book called killing sacred cows, which I consider to be just like a quintessential. Even though it only will even know what that word means, I'm going to throw it around and make myself sound smart. I quit essential or essential. Handbook to really define the status quo when it comes to the way that you manage your finances. And making decisions that I think are a lot more helpful than perhaps what we're taught these days in economics and in finances. And now he has a new book. He has a new book called disrupting sacred cows. I have, if you guys can hear me right here, ba boom. I have the giant manuscript sitting on my desk. I finished it last week when Garrett was kind enough to send it up to me in preparation for this interview in holy cow. It's just as good if not better than Garrett's book killing sacred cows. He's really into cows and he's really into offending people in India. I have a feeling that a lot of people in India are going to appreciate that. I'm not going to do well there. I'm not going to do well. No, definitely not. And Garrett's got an interesting story, you know, and he can tell it's Yale he came from a fourth generation coal mining family in Utah and perhaps we can get into his story on this show how he kind of he kind of really turned himself into quite not only an expert in economics and finance, but now a renaissance man and that's why coming back to the beginning of this introduction, I think that Garrett is pretty cool because he's now a one man show. He's a stand up comet. Caught comic, you could be a stand up comet, I suppose. Anyways, just like the reindeer. So Garrett is a stand up comic now. Now not only is he a funny stand up comic, you wouldn't expect somebody involved in like accounting or finances or economics to be funny. So now that we've lost all our accountants and all of our listeners from India, I'll just keep going. But he also has invited me to open for him at a comedy show in Austin, Texas. I will put all the details for that into the show notes at Ben Greenfield fitness dot com slash cows, Ben Greenfield fitness dot com slash cows because Garrett likes to put cows in his books. But in a nutshell, it's may 10th. 7 p.m. at the creek and the cave in Austin, Texas. If you want to come see me open, stand up comedy for Garrett, and I should note Garrett and then I'm going to stop talking and let you talk since you're the person being interviewed here. I think it's a brilliant move Garrett to get your friends who are not funny to get up on stage before you get up on stage. So that you can in a manner very similar to price anchoring, make yourself look that much more comical. Look, man, you are funny. That's the bottom line and you're an artist. And so I've given this opportunity to several of my friends. I did a 15 city tour and my manager Barry Katz, when I first told him I was going to do this. He's like, that's a terrible idea. It's a mistake. You can not do this. Absolutely not. And we're sitting there at the la Jolla comedy store, two of my friends open for me and they both just crushed it and he looked over at me and he just started clapping like I don't even know how you just did this. But yeah, it's fun because dude, it's going to be more fun to celebrate this with you to share this with you will make it more enjoyable and I've seen you play guitar and sing. I've seen you joke around plenty and you've done a lot of stage time. So I fully expect it to be great. Thank you. And although I don't think I'm going to be playing I'm not going to be one of those comedians Garrett who gets up and like plays songs on a guitar or plunks around on a piano. I don't think that'll be my schtick. Although I can do a pretty, I can do a pretty good Kermit the frog rainbow song on my guitar. So if shit goes south and I don't wind up riding a set, I'm gonna buy a giant green frog suit. I'll get up there and I'll sing the rainbow connection song with a banjo or ukulele or guitar. It'll be definitely weird. Yeah. So what are you a comedian or are you a wealth manager, man? Which one is it? I saw my business, June 2021. And wealth factory that's been an amazing decision. I did a licensing deal with them where I'm still teaching for them. But look, man, entertainment is the gateway to today's transformation. A few people want to get educated, but everybody wants to be entertained. And so I'm like, I could actually use entertainment to help people tackle a topic that most people won't address in finance. And so I'm an edutainment to sound cheesy as hell. I'm still using the topic of finance, even my first comedy special that we filmed April 15th called the American ream of 2021. A lot of it's around finance, discussing everything from crypto to inflation to Wall Street to insurance companies to taxes. And so there's not really other comedians that have the depth of knowledge that I have in that arena. And so rather than try to compete against the world's greatest I just invented a new category and I mean even the people that came and helped me with a special was like Marty Connor who won an Emmy with I think he won his Emmy with Jerry Seinfeld. He did a special for Chris Rock. He did specials for Robin Williams and Steve Martin and George Carlin. So I got amazing people around me to get better. You know, I hadn't even realized I thought that it was called the American Dream, but you just called the American ream? We're all so many people are reamed when it comes to finance. And don't really know what's going on. You're not using ream like in the British slang sense of the term, like, you know. It's not cool. Cool or fashionable. You're literally talking about us Americans getting penetrated sexually. Screwed. Screwed. All right. Interesting. Man, I gotta tell you, I feel really good about what we did. It was pretty exciting because so many people hadn't seen each other because of what 2020 was and we had two shows that day and several hundred people at both shows and it was so much fucking dude. And just felt like I worked so relentlessly. I started writing in November 15th of 2020 and then performed to April 15th, which is a pretty short window. I got lean, bro I was like you. I was like the Japanese walker every day. You know how you talk about how you've moved more towards that. I was walking to work on my rehearsal. I'm walking my dog became my friend at a ten times higher degree because he just knew we were walking every day. I'd get on the rower and I'd just row and recite every day. I got so freaking lean and shredded. And then I went on a comedy tour for 15 cities and was stressed out, but sold out most of the, and then I just put some weight on. So I got some work to do now. So I'm back to rowing and reciting and I just bought a house with the LAT pull, so I've been swimming. Yeah, man, you know, you're always in inspiration on staying fit. And looking like Jesus. We both kind of have the Jesus look going these days, man. You were first. I am growing my hair out there. I'll eventually get the Garrett Gunderson full on streaming Jesus hair look. But look, look, the clothes though, dude, you have the Jesus clothes. When I went to dinner with you last, I was like, I was like, dude, you're doing the Jesus look better than me. That's a men's fashion clothing company called spiritual narcissist that makes I guess like.
"gunderson" Discussed on The Relationship School Podcast
"I wanted to take notes during and i was like some of you have commented. You can hear my typing the background. So i don't want to do that anymore. For some reason. I thought you can hear them anyway. Go check it out. So he's at wealth factory dot com and his link. Hopefully when this episode airs is garrett gunderson dot. I think he said gee he's got a lot of cool stuff he's up to and yeah just a really big privilege to spend time in the wilderness with him and his two boys. Okay action step for. You is definitely listen to this with your partner if you have one and with a friend if you don't have a partner but you are interested in the money conversation and you've got you're like whoa listen to this with someone and then debrief it okay. I'll be sharing this with my wife and we're gonna have a conversation about it because there were just so many cool things here for us as a couple took keep learning from. Yeah wow another action step is what can you I loved his questions. He asked a couple of good ones which is One of them. If you're stuck in your in a difficult experience right now around money ask questions. Like where is my vision. Not clear enough. What can i take responsibility for in what i've done. What have created what lessons. Am i learning right now or might i be learning right now through this experience he has. He had a really cool wave. I i would actually rewind his exact questions so that you can get that part of the episode and I'm going to be relisted. Somebody writing those down. Okay awesome and then another action step as always is to hang out with in facebook group relationship school dot com for slash community They'll dow will take you to our facebook group. Thousands of people in there working through their relationship challenges and celebrating victories. Yeah and You know can you be one of those people out there in the world who's turning toward money
"gunderson" Discussed on The Relationship School Podcast
"Afford it or the lifestyle choices like nope gotta wait until day down the road right and i'm just anyway. I'm just hearing the reminder to not do that or the cost of that right to be aware of the cost of that. So i grew up when it i was married i was a miser knows my. We lived in apartment as making six figures but we lived in an apartment. I gave my wife this ridiculously low budget of what we could pay for an apartment. Because i i said. Let's just your dad's that we live in the basement rent free and she goes. Yeah sex free to if that's what you really want. I gave her some ridiculously low budget. She finds one of the worst places in utah that you could possibly live because the budget was so bad. And i my way up into crappy apartment where. I was constantly argue. Our first year of marriage was was a surprise for because when we dated. I didn't operate like a miser but now go now. We have a family so it was like. Why are the lies. Electric bill so high. We need to turn turn this down. We need to not use the air conditioner we like. Like i'm sitting there in a miserly way and i was constantly pinching pennies thing in constraining like. She was a teacher trying to buy new clothes because she's a teacher in my need new clothes. She's college girls and teachers don't usually wear the same things in her mom's buying her clothes while we're married because i won't let us spend any money and so you think was i just trying to be an asshole is was i just astle while i was an asshole but not because i wanted to be. It's because i was a miser term. What was so crazy so she felt stories at me being a miser. It's like a favorite pastime. Now and so. I'm so far from a miser now but we're talking to the kids about it. My kids can't even fathom me being a monitor right just as beyond him. Because it's not who i am at all anymore and my youngest like roman. He goes mom. Why was data miser and carry goes because he thought it was the best way to provide for the family right that was the paradigm end got did like the her perspective was so healing for me. She didn't shame you or exactly what i was under the bus. I mean the way. I went about. It was not right but i thought i was doing the right things. I want to protect. But you know my real belief is the only thing we need to protect his love but we get caught up in scarcity. Because we're we've got stories handed down from the depression than we've got situations like when i was over leveraging in real estate that can earn you or make you feel burned and so a lot of times we learned the wrong lessons and then we we move into our shadow persona to protect ourselves. From those circumstances were member in something. We didn't quite understand. So it's it's a fascinating situation totally. Yeah when when people are..
"gunderson" Discussed on The Relationship School Podcast
"Exacerbates the problem but if you can actually be really open with someone you trust to get beyond that bad is absolutely the case totally okay so getting emotional psychological practical support from someone who can ask you difficult questions that you don't know how to ask that's one way to do it. The coach mentor. Or someone like that. Financial person coaches mentors by fears. That you really know love and respect gotta isn't going to exacerbate a big mindset or all so about there everybody's in trouble right now. That's not helpful. Yeah right right. Want someone who's going to say. Okay what are your resources. What options do you have. What connections are you looking for. What are you doing about this on a daily basis. Like they're starting to help you develop something. That's that's one thing to do. The another thing to help. Change the mindset when people in that situation a lot of times like to they start to create that reality with their conversations completely right so it's constant fighting and this is look. I'm sensitive to what i'm saying here. But i just want to be really clear about it. Here's the symptoms The president The Did you hear about what happened in indonesia today. Hey it's like it's the new dues it's social media and it's politics are the.
"gunderson" Discussed on The Relationship School Podcast
"To help me move effectively inefficiently throughout my life. I'm getting stronger and it's intense. It's awesome so if you are injured in some way and you're over probably thirty five forty on up and you love yoga or you'd like to move for thirty minutes a day and you're looking for something. I really recommend that yoga. It's my new thing and my wife turned down to me so Laura is giving you a free trial basically a dollar trial. It's basically free. Try her yoga for month. Okay dozens and dozens and dozens of classes. A recorded an live guided by her and her crew that she's trained and imagine you're going to get stronger if he just tried for. Months can so go to relationship. School dot com slash l. y. T. yoga and then at checkout. Make you enter the coupon code. J. a. y. s. o. n. Jason and you'll get your first month for a dollar and then after that. I think it's like almost fifty bucks a month. Check it out. I think you're gonna dig it in this episode. we have. I always do slightly alternative episodes. Based on what i think is going to you. A lot of value. And this one is amazing. I interviewed my friend. Garrett gunderson who runs well factory and this episode is all about your relationship to money and when you get scared around money and wealth and your nest egg and you know he might freak out. Like i do sometimes so i wanted to serve you here because i know garrett is a a huge resource for me. His books have been amazing He's written a new york times. Bestselling book called killing sacred cows. Which i read which is excellent. Recommend it He's also read or written. The what would the rockefellers du And many many other books. He's written about seven financial books and he's got a really cool story. We didn't get too much into his personal story. he's married nineteen years or so has two boys i was on a father son wilderness trip with him and his kids and my son and some other guys dads in their sons. It was amazing and at twenty eagles wilderness school. I did an episode of tim on that exact subject so that was on nature and human connection. I believe your connection to nature or something like that so garrett and he's a beast he just knows what he's talking about here where he's a fellow utah john. I grew up in salt lake city. garett i believe. Grew up in somewhere outside of salt lake hurricane. Or something like that and Again just an all around..
"gunderson" Discussed on The Relationship School Podcast
"Ask the question. What led to the situation. And what lessons could i learn from the situation. If i had to do it all over again what would have done differently. And what would have allowed me to do it differently. Had i known that at that time. Greetings and welcome back to another episode of the relationship schools. Podcast i'm your host jason. Gats up folks good to be here with you right now. Thanks for being a listener a subscriber. Thanks for doing the work to make this world place through how you show up. Reluctantly and Yeah hopefully you've been getting some value here over the years and if your new welcome i intend to bring some solid value. So you can improve your relational life. I've been telling you guys about my life. Changing yoga practice and how my body is healing after decades of injuries. And that's thanks to let yoga my friend laura hyman in her incredible yoga Technique really practice She combined physical therapy and often yoga practice to help you get stronger in your core in all the right places and it's coming from someone who knows the body deeply as a person who's worked with so many injuries and that's me..
"gunderson" Discussed on Conscious Millionaire Show ~ Business Coaching and Mentoring 6 Days a Week
"And i'm here with garrett gunderson author of what would the rockefellers do. We've been discussing how to keep more of what you make. And now it's time for the millionaire business questions first question. Three high-performers secrets that you've learned on your journey as an entrepreneur number one i delegate roles never tax. I have someone own a role or a project. It's their own business. And i support it therefore never having to micromanage and it's completely freed me up to do what i knew. Best the number to get scale up in order to scale look scaling ladder. Put it up against the building. If you're gonna skill that building you have to let go of iran before he grabbed the next room and too many business owners pile and take on too much and they use willpower an effort. I may start to destroy other areas of their life. whether it's health or relaxation and rejuvenation all goes out the window. So but what. I've learned is let go in order to grow. Let go of things and let other people handling so that you can do the things that only you do can change refined that so you could do the things that really call you for great energy and matter and the third thing is maybe one of the biggest secrets that i've learned is i started out in a play not to lose or down in my life where everything was about. How do i scrimped and saved kinda the broke millionaire mentality that you see in the next door. Then i moved to the two wins last which was our hearts and therefore one day i live a better life. My dad said son. You can never get back memories you never have. And i shifted from success at all costs not knowing what success meant other than more money to moving into wind and play figuring out. How do i define success. Is the juice worth the squeeze. And here's a secret. Like i learned that you can actually never have to raise funds to make a business work. You can have your berry. Biggest fans be the biggest advocates and support you in every new initiative in idea so you could profit up front. For example i sold twenty two thousand copies of killing sacred cows new york asthma seller before it was released by giving people tell us seminar series and back in those days..
Nine Lessons From Cirrus Midair Collision Over Denver
"Not only tell you a little bit about eric. Gunderson eric graduate of embry riddle aeronautical university in prescott arizona where. He completed his bachelor's degree and his flight training. In two thousand four he worked as an airline pilot for atlantic southeast airlines before going back to school to earn an mba and the family manufacturing business eve ours displays in ontario california in shelby north carolina. In twenty thirteen. He started flying again and now into two thousand and three serious. Sr twenty two. He's also on the board of directors for copa. The serious owner pilots association. Though today he's not speaking on behalf of copa but rather just sharing his opinion. Now here's a conversation with eric anderson. Lasik welcome back the show. Great to have you here today. Thanks for having me maxon under much better conditions than last time. We spoke an episode. One thirty we were talking about a fatal accident that occurred in southern california. Not too far from you but we have a very different outcome this time so kind of set the stage for us. What happened in denver this week so we had a serious Made national news. I'm sure most people already know Serious collided with the metro. Liner at denver centennial Where there is no major injuries at all. I was fortunate enough to walk away. So i'm calmness. The medical over centennial will definitely. There's the videos pretty amazing watching that serious come down under parachute. We've done as you did last time. You've put together a video that shows all of the different tracks different aircraft and you sync up with the audio for both the left tower and for the the right tower. Go ahead and tell us a little bit about that as we Start to go through it. Yeah so this is Eighty s beat tracks and actually radar tracks linked up with audio. Like you said in the left channel on your headphones. If you're wearing headphones you'll hear the left controller The female controller ads on the left hand side. And then in the right channel. And you'll hear the right One seven right controller Who is talking to the sarah. So the left controller Wants up in left talking to the metro liner and then One seven right talking to the cirrus and a lot of people might not be aware of at busy airports do split frequencies for parallel runways quite often
"gunderson" Discussed on MyTalk 107.1
"Did bad idea. Perfect will go on to this next celebrity gossip mystery for Colleen and Bradley to solve. Speaking of affairs. This a list mostly movie actress slash director threatened to kill the last man who broke up with her after he went back to his wife. Oh, Speaking of affairs. Well, I think that alludes to a previous blind items, so that doesn't mean anything. So it's just this. A list mostly movie actress slash director threatened to kill the last man who broke up with her after he went back to his wife, a list mostly movie. Actress slash director. I wouldn't call her a Listen. I don't even know if she directs, but it's not like Lily James is a Ah, um is it is it is it is it. Hold on hold until that is it? Halle Berry. No, That's not what I was gonna say. But maybe No. Okay, is it? Oh, my gosh. Why can't I get to the door? No. The one who was with Harry styles now. Oh, yeah. Emily Gunderson. Yeah. Emily Gunderson. Is it her? Ah, Olivia Wilde, Not her. Thank you that Oh, no, no, no. I think a list so obvious. Yes. Angelina Jolie, Okay? Hmm. I mean, Wow. She threatened to kill him. I mean, you know she blood, Okay? It's true. Read the vials of blood. Yes. O s 00 Angelina Jolie allegedly supposedly threatened to kill the last man who broke up with her after he went back to his wife. I mean, that's one million more, you know. I mean, I think we call that a shame on you. Tell me one thinking that a married man is gonna leave his wife for you? Because that never is going to happen. And also, even if it does, then you're with somebody who feels fine before that happens again to you. Right Then you're on the receiving end. The thing? Yeah. That you? Yeah. Does anti lawyer have anything else you'd like to give us today. Um Hmm. That feels like you know, Know what? You know There are blind items, but it's just you know, here. Let's go. Let's go to this one. Sorry. Give us a little idea of what.
"gunderson" Discussed on 103.5 KISS FM
"Shelby Shelly is engaged. Congratulations. Yeah, And I know I e. Mr Gunderson, I didn't know how to tell you the correct me have that awful long. A over there. Okay, So, Shelly, tell us all about it, cause of course, we saw the ring. I'm sure you're having a difficult time lifting your hands and, um and we saw we saw part. It is gorgeous. We stop parts of it, You know, Sort of. It was like, maybe a card you made for you or something. But what? How did it all go down? Tell us everything If you don't mind. Yeah, So, um, so there's a little bit of back story. So, um, for our one year anniversary, he gave me what's called a Love book. And I know you guys that I had never heard of this and it was like it's this little book that you can make online and you can kind of like animate characters and legal the people in your relationship these little characters in this book, and you kind of like, animate that There's a car is like one of those, uh, one free backrub coupon or I'll do the dishes coupon kind of not really in the book you take. It was like, you know, I love this about you. It was just It was really, really sweet. Nearly two and I was like, I love it so much. You two start to your anniversary. I just love this. And so we didn't see each other for our two year anniversary, which was October and so, um, so, yes, Over the weekend. He was like, Hey, I have our two year anniversary gift for you. And I was like what? I have nothing for you and Sure enough, It was like the second version of this book. And it was, like more reasons why I love you. And in the last pages will you marry me? Totally for stocks..
"gunderson" Discussed on Scoop B Radio | #SCOOPBRADIO | Brandon Robinson
"Are better matchup up. Scenes from eight? In. The playoff. Than the Lakers in the Memphis Grizzlies one and eight. Percents. That I'm a by this. 'cause I'm from Portland I grew up loving the blazers but like I mean they have Dan. Like those guys alone. Are you're automatically going to respect that team? If you're the Lakers you're automatically gonNA take that team way more seriously than you're gonNA TAKE A bunch of guys who have never played playoffs. John. Ran. Jaren, Jackson Brand Clark all those guys they have never been in the postseason before with the you know I think you got Dan you got cj you got Carmelo, and now you've got these bigs coming back in that Collins and Where they give you a your Portland, a lot more size than they had all year. And you get Hassan whiteside site in there you know Gary Trend. Look Pretty. Good. I think that would be. Personally I would wanna see that more I think it would be a more competitive area that would chapels the Lakers more I. think the Lakers would have a very easy time against Memphis to be honest you know John this is GonNa bring it I have no doubt about that but I just think that the experience is just GonNa be too big his question that I have You talk about the starters you talked about the fact that the blazers will have one or two big men on the court. At the same time we talked about the fact that Trevor Rees is out. Because of family you know responsibilities. The one thing that concerns me about the blazers and their matchup versus the Lakers if that were to happen is I think the Lakers have a better bench. Well, we come about the blazers we talk about starters. Yes. Right he hasn't not playing correct correct. Trevor Rees is not playing correct. Right, those are the two best defenders at the perimeter position and have questions. I look I don't blame you and and and they're going to be counting on I. Mean You. You saw in New York Mario rezoned to play and be guarding guys that are like you know better big guardian guys like Lebron like and like I. Mean That's not a great position to be in What you know. One Guy I think that you maybe can have some hope for that. Maybe he can show something that he hadn't shown yet is not here little. He he's a big wing, very athletic. He's very strong for how young is I? Very impressed with his strength. How young he is, and we're? Talking about from the Blazers camp he's been a player that he's more confident with his shot and he can do something on the wing that would help against the bigger wings Y- Gary Trent gender is a guy that not a lot of people really know very underrated too. Yeah. Yeah. He he he has made a big league. season and before the restart happened, he was probably I mean they're most reliable. Use their best player that was for sure and but they're thin like you said I, mean they haven't been bench very small room for error and I do think the Lakers do out with Dwi with. Jr with young waiters even I. Mean even guys Quin Cuckoo Diva on the bench have playoff experience. I mean you're not going to be surprising anybody on the Lakers. new comes off the bench. Yeah. Yeah, you isn't that question because I. I'm I was dying I think everybody wants to see that up rightly. So because I remember watching the two matches that they had before the world changed our encomium passed away and when virus paint kit. And This was like I think like in November or December when it was mellows first game against Lebron Guy knows win and Rodney. Hood Guy. Right. and. I just remember looking rounding hood getting her, and then they go to temporaries. Okay. Maybe these guys go back you know go at it but. You know when you talk about Mario I do remember him playing for the Knicks but. I wouldn't exactly call him You know shame batty or. Boeing defensively but he can shoot the lights out. I mean you gotta hope he can I mean one is with his own ed like one of my one of I always from my blazer newsletter. If I, I know we're going to look even the what's here. But like he is a big body like you've bigger than people think he's like six nine like thirty like he has the body guard guys but he doesn't. He likes thinks he's a free stacey, he likes it. Wrong too much. And he's just he's focused on garbage man. I think he would be useful. It's just sometimes it gets too cute trying to do like star stuff. And I think I think that's what he really gets for him but again. Counting on getting is it tough spot to be in Portland especially if you're thinking about, you know the because there's been a lot of talk about them maybe being like an upset the Lakers and i. i. think the benches were you kinda run from. Yeah. Yeah. I don't have any more questions man I'm enjoying your basketball knowledge. I appreciate it. I originally being on Scooby. This is awesome. I again I. I enjoyed talking to you. because. Look very relaxed setting just like. We're just we're just blowing here joined. The only thing missing is proudly a glass of wine and probably some magic city wings. Yes. Yes. Some of the little special barbecue lemon have..
"gunderson" Discussed on Scoop B Radio | #SCOOPBRADIO | Brandon Robinson
"Yeah. My opinion, but it's I feel like. He's in a good spot right now and the blazers all talk about all the youngsters love having him around You know everyone seems like he's really made itself a leader on the team and I guess I just don't know if going back in. New York. Is what he wants I mean eventually I mean especially live thereafter you will but through. I don't know sure do any in May that to maintain healthy do you SEE PORTLAND AS A. Breeding ground for an actual farewell core. I think it could be I think mellow could have farewell tour in a blazer uniform I. Mean You have you done you old I? Let him be. Himself here you know he doesn't get. Old from the game for a mid range jumper and he's not. Second guessing yourself like he kind of was I think Houston and they were kind of second guessing jam and I feel like he's really been embraced here in a way that maybe he wasn't in your student or basically says he I don't know if he's really happy since you're since like you know when it was really the Salad Games in. New. York. Here's what I've heard. I've heard that mellow not publicly disenchanted a scoop. Radio. With my buddy. I've heard. Carmelo Anthony. could play his last year next year. No specific, team. What has been named yet, and he's still in season with the blazers. But what I heard, it could be a situation of they will be a situation. Where in his farewell tour, he picks his seven best Jordan sneakers he wears. Throughout the course of the season. Should keep to his career. That'd be awesome. I I. Hope you get I. Hope he gets it man I mean, he didn't really get a pair of send off the last time when when the when they were when he basically got run OUTTA. Leagues. And and I think he's he's really He's GonNa Guess about whether it's here or or or new. York or somewhere else you know I think he's earned that he's you know he's he's still a useful player I mean he's Starting right now we'll blazers I mean I. Doing I mean obviously they lost Trevor Aretha but I mean they're. Starting 'cause he can still ball you know. I. Think that Portland is great. I still think the Lakers is a good spot to. Yeah well, Hey, you know they would have been a good spot for him. Yeah. It could. It could have been. I mean last year they almost did it and then he was like I'm good. 'cause like this is yours you were then because the Lakers went south so fast last year accurate author breaks and I think also too you know they wanted to make sure that they wanted to make sure Kyle Kuzma have moved to kind of grow but you know I mean he's been looking good and he's criminals but he hasn't. Really taken that mantle and the have been in Marquee Morris. Could be ready on the run my main man Eric. You're GONNA talking every. Spring. Back all Carmelo Anthony and. Just Really having you and I have text a quite a bit the m quite a bit and got you on the show because you are making things happen and out. I'd be remiss that number one at incorrect myself I'll you're GONNA men under Sin Politics Garcia Gunderson on the line with. You to me in your podcast from is very fascinating particularly because of your naming of it Bulls vs Blazers. They're young people who listen to this show. No idea. What that even means if you didn't have Nintendo Super Nintendo. We're not listening to you coming about. The name of your podcast and and just. That large. Yes. So it started. With my guys Sean Hiking before we you know well as well scoop high. And so we started this podcast when I was a beat writer as a Colombian and he was working at the athletic covering the Bulls and so we kinda started based on that. Beats that we were on at the time and then also the class Ode to the game and I also think too. We decided to go with that name again because it's classic below logos cool and also it's like you with the last dance. You know every everybody watched it like everybody knows what goes versus blazers is you know and so That's another reason why we brought it back just kind of on the mind of everybody and so that's how we started in China and I. We we've redirected. We brought it back We're we're having fun with it. We were doing our what we call our weekly by check on team league and We have great. Hey, you know. So just you know check us out blazers on all of the streaming platforms Apple podcasts group will spotify all those places and we're all youtube now so. You're consuming podcasts, hit us up bulls vs Blazers on Youtube. Twitter accounts. Yes Explain Yourself. Okay. so I recently asked blazer bands or podcast or Bush banter handle on twitter, which is what I used to have when I beat writer because I built that thing from like three thousand followers to like its peak with like ten and then it was dormant for like four years is the paper laid me off and I was like, Hey, guys how about you give it to me because you don't use it and I can have it now. So I just have it's just another platform to push. and and and to talk about the NBA and so that's why I have that I have some more. Personal takes, but they can kind of blend in from time to time. It's kind of you know I decided to have You know kind of train maybe transitioning the personal a little bit more of a burner account if you will. Say too long one for the plug on one for the. You know so yes. It was it was to stay. With. The twitter account. Right. Yeah. Exactly. To to to twitter accounts, you gotta diversified. As as the Wu, Tang clan started on this. Appel. Show diversify yaupons could need you bitches actually. Diversify all bonds please. Chapelle show Fan Oh of course. Oh. Gosh I. Love this man that's that's that's. My wife and I we like we'll just like throw like. What was the around Classic Chapelle show. All. Favorite skit on the show. I'M GONNA have to go to the. Tape doing other things like and one mix tape baseball and one extent We're seeing. An extinct candidates and when they say bowling and they have the music on I, mean so good as like that was a great one Cash turn remember somebody other ones that are. So I mean obviously regains everyone knows at one. Troy Charlie. Murphy. Recipes. I mean that's an invasion. Man. I. I got journey favorites man. So I mean the the racial drafts? God. Some of those needs to be redrafted by the way Oh yeah. Sure. Exactly, there's definitely going to be a redraft of the the racial. About real. Link rance. Got On the line with one only. Ever. Grassi understand. Tell me something. Do. You think that the Lakers and the Portland Trailblazers?.
Where the money from food stamps is actually going
"We begin today with news that is squarely squarely at the intersection of government spending social policy. Redel Reality and work. The trump administration announced this morning. It's going ahead Ed. With what's called a final rule that will tighten work requirements for the supplemental nutrition. Assistance Program. Snap as it's known food stamps as it sometimes referred to with unemployment so low the administration's thinking goes it should be easy for people to find work and the White House says this rule will save the government five and a half billion dollars over five five years. It's a decision not without controversy. Obviously on a lot of levels but it's also decision with real world economic impact because until now at five and a half billion dollars has gone to retailers. Marketplace's Merrill Sagarra gets most snap dollars go to a particular kind of retailer Craig. Gunderson teaches consumer economics at the University of Illinois NAP participants because they're on limited budgets will go to places that have less expensive food so so roughly eighty percent of staff benefits are spent at you know supercenters in large-scale supermarkets. You Know Walmart Kroger Safeway. The rule change will require more people to work at least twenty hours a week to get benefits which means fewer people will qualify. That's the point Ed. Bolan at the center on budget aged in policy priorities says according to the USDA about seven hundred thousand individuals will lose their benefits Those benefits on average about one hundred sixty five of dollars a month for this population so certainly the places they go. We'll see a drop in their business. Food retailers often pay their workers so little little that they qualify for snap and need it to survive. Also those workers schedules tend to be erotic and part-time James ILIAC directs the University of Kentucky Center for Poverty. Dirty research he says the new rules could make things harder for those workers in one week they might be satisfying work requirement. But then the next week the firm says well you know we don't need you or we only need you for ten hours then. Suddenly they're in violation of the work requirement for that week Zilly says retailers might feel some pressure to consistently instantly give workers at least twenty hours a week so they stay eligible for the snap benefits. They may even be spending at their own stores. I'm MARYELLE SAGARRA FOR MARKETPLACE I.
"gunderson" Discussed on 710 WOR
"Right beside all the reactors and all the rights and everything. And also, I don't know if you guys ever get Dana Santa Ford on talk about all this also great guy. All right. Food the Olympics all these problems at Fukushima, Scott. Well, there that's only it's going to be some problems with the food, and they're a particles that have showed up even in Tokyo Arnie Gunderson has measured that there should be a way if the government wanted to to detect all this food and get rid of it or prevent it from being marketed, but you know, there's even black market for that where they may send that food to for instance, China and China we'll put another label on it and sell it. Now that's happened with other things that have been damaged by radiation. As far as the Olympics right here in Pennsylvania. We have a fellow named Tom Bailey. Who's with the green party, and he has petitioning the human. I guess they say you United Nations human relations are human rights excuse me that sending Olympia ins, especially the baseball softball players into the Fukushima area. Play is the wrong thing to do. But I don't have. He's had gut feeling that it needs to be stopped. Because I don't think the public relations is helpful. I think he's right. I just want to have to make that call. Let's go to Michelle and Gettysburg Pennsylvania first time caller for her. Hi, michelle. Good evening. John dory. And did evening, Scott. Hi there. Thank you for taking my call, George. I started listening to you about five or six years ago. And I just want to thank you from the bottom of my heart for being on the air during the holidays don't have anyone then are on their own that means so much and you put so much great information on your shows. Interesting topics, and I just wanted to say that quick thing. He always be there for you. Always. Thank you so much. I was twelve years old that they the meltdown from TMI. I I live north of there in Perry County, but I was twelve years old, and we were sequestered in our homes for quite a while. And decades later at the age of forty nine I was diagnosed with severe thyroid cancer. And what they thought was just a a little knowledgeable turned out to be. A whole mess of things and they had to take that entire Oregon out. And it makes those of us who live around here really scratch their head and say, you know, could these things be related because we have so many cancers so many cancers in our pets as well. Yes. And and you're right about that. I have a sister doesn't Gettysburg psychot- her for me, and Perry County is just across the river from my home in Harrisburg. I can see Perry County out my window right now. And the plumes did go that direction at one point. So we hear your story on a regular basis right now. Go on Facebook and look up Three Mile Island survivors, they want to hear your story to it's. A frightening situation. Scott when you really think about it, isn't it? But you know, this is the world we live in. I'm not making excuses. I'm I'm saying that no matter where you go. There is something that's trying to kill you. It doesn't matter. Whether it's a hurricane tornado chemical plant or a terrorist. Yeah. Oh, by the way, one of the callers one of our your listeners called me today. And when they talk to me about the EM p or the Colonel Massey Jackson, you know. And and so you're definitely making good progress on waking people I think we may have gotten President Trump to get going. He signed an executive order yesterday to conducted a emergency study into that. Oh, man. I didn't know great news was keep our fingers crossed. And see. What happens? We're not going to give up on that. Scott. That's critical. Wait. I I forgot to tell the caller today that called me I talked with one of the Pennsylvania nuclear engineers who would do inspections of that sort of thing around Pennsylvania Avenue. Fans he said he did his own study on what natural events that they really have to worry about. He said there was only one. I said what a tornado a flood. You said no coronal Massey. Jackson. If if the power grid goes down for how long before the nuke plants start to meltdown all around the country. Now, that's where I disagree. I think you have another expert come on Matt Stein. Yes. And it's hard to argue with somebody of his credentials, but see nuclear power plants. They do have diesel generators, and they they crank the Nuclear Claims that they have hardened against, you know, an he and they do have. Filter on our electricity. Even when the grid gets wacky with you know, the frequencies not right in the voltages high or low, but anyway at new nuclear pan can be brought to a safe shutdown, meaning a warm shutdown. That's below the temperature.
"gunderson" Discussed on WAFS Biz 1190
"Bill Gunderson veteran of two major bear markets in my time in the market. And of course, I've witnessed others before that when I was in what was not in this business, but I've been in this business for twenty two years now and witnessed the big bear of two thousand. And of course, the big bear of two thousand and eight and I think that experience having ridden through that is very valuable. We'll talk about that in a minute. We'll I begin this new week with four hundred and seventy-five be plus or better ranked stocks ETF's or mutual funds. Some of them could even be inverse ETF's in my best stocks now database of five thousand and seventy. Nine. Stocks and mutual funds. That's a healthy number got a lot higher got up to about eight hundred there that point I felt like the market was a little bit overheated. We had a giddy day in the market last Thursday giddiness to the upside. I have found the market if you're feeling giddy about your portfolio. Maybe it's time to hedge that portfolio, and if you're feeling down and gloomy and depressed, just despair think back to Christmas Eve of two thousand eighteen last year. It's probably time to buy the market is very much emotional roller coaster. I also have two hundred and thirty eight plus or better momentum stocks in my database. That means today, I've got almost seven hundred stocks and those include the ones that I own to look at and probably a few more than that. I use market Smith for my charting software. Well, we're a little wobbly in the market one would think that with the big molar probe finally coming to a head and not finding anything there. That would help the markets. But I would have to say that the the the yield curve which did invert now that's one of the yield curves. That's the thirty day versus the ten year. And we'll talk about the history of that. When's the last time it inverted, and what happened to the market after it did invert? I did a lot of study on that over the weekend. I think you'll find it very very interesting. But we finished last week with that big sell off in the market. It was down what four hundred and sixty on the Dow after the giddy day the prior day when Jerome Powell said, no more rate hikes for as far as the I can see and he could see pretty far. I don't see him wearing looking through binoculars or glasses that I'm sure he can see out there on the horizon pretty far. In fact, now many are calling for an interest rate cut at the next fed meeting. In fact, the market has built a fifty percent chance of that. And at the meeting after that as seventy-five percent chance that's got the market worried. What does Jerome Powell see out there on the horizon? Besides no interest rate hikes. Does he see a recession out there on the horizon? There was very bad news from Germany. Last week. Yes, you have to watch the German markets. In fact, you have to watch the German boondoggle, you watch the German Boone while I have to this part of my job that Burr German Boone has gone negative. Once again, Germany looks like it's headed into a recession, and we'll let take the rest of the world into a recession. Well, we saw that inversion on the yield curve Friday. That's where the ten year note falls below the yield on the three month t Bill and some see that as a recession indicator. Well, the last time, okay. How long has it been? Win win did the the this this particular yield curve invert last time was clear back on January the seventeenth two thousand and six. How I was so much younger I'm older than that. Now. We'll back on January two thousand in two thousand and six on January seventeenth the yield curve inverted. Went negative. And when did the what happened to the market after that yield curve went negative because we had a similar event on Friday. Well, the market's still had twenty two months of Boll left in it. After that yield curve last win negative. In fact, the yield curve went negative on January seventeenth two thousand and six and the s&p did not peak until twenty two months later. I'll have to look where the S and P five hundred was win the yield curve inverted back in two thousand and six, but it was twenty two months later before the market S and P five hundred finally topped out at one thousand five hundred seventy six in fact, you could say that the last bear market began in October of two thousand and seven the SNP peaked on that day, October eleventh, the inverse S and P S H bottomed on that day dog, which is the inverse. I DAL I believe these inverse funds are gonna come in very very handy at some point in time in the future. And I'm glad I have them. Available to me. We also had the small caps peak right around October eleven two thousand seven the NASDAQ peaked a couple of weeks later in October thirty first of two thousand and seven. So you know, what I think it's very useful to go back and deconstruct and analyze the last time the market fell apart. And let's not forget also that earnings estimates for the S and P five hundred played a major role in predicting that last bear market. So I think this is a false signal. I think people are overreacting right now to that yield curve, which is one of the yield curves. The other one is the two year and the ten year, and I'm doing some research on that to see when that went negative during that whole bear. Market of two thousand seven through two thousand and nine suffice it to say, I don't think that on Friday, a new bear market was was born. But obviously, we'll keep our eye on it. It is an ominous. Sign to see a yield curve. Go negative for the first time in thirteen years. Yeah. That's a significant event. And it was pretty much led down by Germany weak manufacturing data and also a inex- stream dovish fed which might have set off a little bit of panic in the stock market and a huge buying rally in the bond market. In fact, you gotta see the chart I showed it in my newsletter over the weekend. Did you get my newsletter at Gunderson capital dot com? I showed a couple of startling I- popping charts that you ought to know about more on that. When we come back. This is Ville Anderson. This is the best.
"gunderson" Discussed on WAFS Biz 1190
"Here is Bill Gunderson be plus or better ranked stocks that's very healthy market. In addition to this. I have two hundred and twenty-five that heavy momentum grade of b plus or better that's a great trading list to look through because you get stocks from all walks of life on that momentum less that is in my app. If you go to the stock section look at the top a plus or better momentum screen, and it will list, those two twenty five stocks today that have eight plus or better. Momentum grades. Well, we had again stocks were in the red yesterday before the big announcement. Fedex did not help the market yesterday. You know, we're getting mixed signals. In fact, I sent out a couple of opposing push notifications yesterday to my life trading subscribers. I I said look good oil. It's about sixty dollars per barrel. Oil is a barometer oil is a measuring stick for what the world what the oil traders think of the global economy, and it moved above sixty dollars for the first time in a long time yesterday. But at the same time, you have the CEO of a FedEx Fred's missing there's a global slowdown taking place right now. Well, maybe FedEx is not the great global barometer that it once was but the market definitely thinks it is it was selling off. And then of course, you have the bond market, which is also kind of saying, you know, what this economy is pretty slow. You could also use as evidence the fact that the fed was so dovish now Jerome. Powell would not have been that dovish. If he saw a strong economy and one that was gathering strength, the one that was accelerating. So he's kind of sending a message out there to that. You know, this economy can't really take any more interest rate hikes right now, we're just going to back off and see where things land. Well, the market also likes that. Because again, you can take the fed out of the picture right now. So really the two big worries are watching that global economy number one. And number two. I think the global economy is definitely being impacted by the tariffs that President Trump has slapped on China, and the trade war that continues. You know yesterday was another reason why the market was shaky. President Trump said the tariffs on Chinese goods could remain for a long period of time. Of course, he says that China can hear it, you know, it's all part of this negotiating process. And that we're going to I guess we're sending lighthizer and Mnuchin and the eighteen once again to Beijing here, but those trade talks it almost seems to me like China is trying to. Wait, it out delay postponed until maybe have someone else to deal with two years from now. That that that that's my own impression. I haven't heard a lot of people saying that. But I think they're playing the delay game like basketball, you got leave the you don't want change you just pass the ball around and you go into a stall. Right. It might be a little bit of that going on China is willing to play the long game. And they may be just delaying and playing games until they have someone else to deal with on the other side of the table. Of course, it could be Mr. Trump two years from now. Well, the banks were battered yesterday. Let's just pull up a Bank. Let's pull up Bank of America, which is a soggy stock look at that thing get clobbered yesterday clobbered again today down one point five percent. I just don't think that the Bank sector is a very good growth sector. I think there's a lot of disrupters out there to the Bank. Sector such just pay pal and square. So for that reason, I have I do not have any exposure to the banking sector. But you know, what there's a lot of people that have soggy stocks in their portfolio, and they've got city group, and they've got Wells Fargo and they've got Bank of America J P Morgan. They're just not very good growth stocks. And it's not a very good sector in the market right now. Banks do not like low interest rates banks need some wiggle room. Right now, there's very little wiggle room. In the in the interest rate environment, the whole financial sector. In fact, XL f was down one point two percent. That's a financial ETF the banking ETF yesterday. KRA's a good proxy. They're down one point seven per cent yesterday. And that's pressuring at pressures their margins at the banks. We have our Thursday economic report initial jobless claims, I hope one of them was not you initial jobless claims for two hundred twenty one thousand that's still extremely low two hundred and twenty five thousand was the consensus the jobs picture in America continues to be very very strong. In fact, I believe chairman Powell in his note yesterday in his press conference said that he thinks that the unemployment rate will bottom out here. Sometime later this year at about three point seven percents job market, very tight. It is pushing wages up for the first time in a long time. And again, those initial jobless claims come out today. Two hundred. Hundred twenty one thousand I haven't seen the leading indicators. I'm very interested of all the reports that come out on the economy. I think if you're going to name the top three or four the index of leading indicators, the L E I is in that top three or four, and I'll be watching for that sometime after the show will be in the newsletter this week. We got a big IPO is leave is a growth company these days, or is it a soggy stock leave.
"gunderson" Discussed on WAFS Biz 1190
"Here is Bill Gunderson point. It was down six percent. I saw it turn around midday. But at the end of the day both of the averages were down a little bit. I've already got a good start on this week's newsletter almost done with my article for the week. I should finish that up after the show here today man, if you're not getting the newsletter. It is the Inside Report from somebody who is inside the market neck deep on a daily basis. Go to gunnison capital dot com. Not only does it have the macro outlook of the of the market. It has right on down to the micro outlook of individual stocks. And what happened this last week? My observations my analysis of what went on in the market last week, and what I'm looking for incoming weeks all in my weekly newsletter. When you read that newsletter say to yourself does my current broker does my current investment advisor does my current acid alligator do the kind of work that Gunderson does in the market every single day. That's the kind of guy I want managing my accounts. Well, China's getting a boost here today they are being included in the MS cei-. The Asian equities rose overnight. Driven by a rally and Chinese markets. I talked about that was the subject of my newsletter last week the red hot China's stocks, the the red hot red China stocks well index publisher M S C, I announced it would quadruple the weighting of mainland shares. And it's global benchmarks. Let's just check in on a few of those mainland stocks here this morning Alibaba breaking out new fifty two week high getting ready to break through its resistance level. Alibaba's had a great run in Alibaba is up forty percent since mid December FX I this morning. That's the large-cap China index. It's up one point six percent. Oh what else? Can we check? Let's check tencent holdings here this morning T C H Y, you know, what it has not really participated in the Chinese rally. I have no exposure, oh, it's up considerably since late October. But that's a company that's been censored by their own government. And that makes it a little bit difficult with that kind of regulation noose around their neck. To invest in a stock like that JD dot com would be a good one to to look at here today. Man that is a great chart what a great chart on Jay the dot com. All right. What else is happening? And of course, I think this China News is probably the biggest reason behind the move in our market today, though, we're losing some steam we were up over two hundred points or now one forty five on the Dow, oh, we had the gross domestic product come in yesterday. GDP rising two point nine percent in two thousand eighteen just shy of the Trump administration's three percent target. I heard Larry cudlow say yesterday in a speech that he sees three percent growth as far as the I can see. Well, let's hope he's not nearsighted White House economic adviser. Larry cudlow also said that Chinese trade talks between high level officials have been fantastic. Well, Larry tends to be a little bit on the positive optimistic side. There's nothing wrong with that. And he says both sides were on track to reach a remarkable historic deal. Will you got to believe that that has something to do with today's rally in the market? In the meantime, the pressure remains on China extradition decision on the Weiwei CFO looms..
The lira is going wild after the Turkish central bank defied Erdogan and hiked interest rates
"Always right on the money. He's been a professional money manager for the last eighteen years. He is a regular contributor to the FOX business channel, and bloombergradio. In addition to this. He is a regular contributor to the street dot com and marketwatch dot com. Now, he's here on Wall Street business network. Here is Bill gunderman. Welcome to the best stocks now radio hour with professional money manager. Bill Henderson once again, we are doing a remote broadcast here. Live from the Radisson Blu at the mall of
Tencent seeks to list online music unit in U.S.
"Comes after four consecutive monthly drops alright so flying louis finally some good news coming out of europe but that's the only good story i've seen on their economy and quite some time tencent holdings there's been this has been a record year for ipl's i reported on this in my newsletter all the companies that have gone public that have used this interest high degree of interest in the stock market for floating shares doing secondary offerings doing convertible debt offerings but the ipo market has also been red hot while the biggest one of the year is coming chinese internet giant tencent holdings which i continue to own and my premier growth portfolio is looking to spinoff and list it's online music business seeking an initial public offering of two hundred and fifty billion dollars so that would be quite a quite a an ipo there on tencent holdings well peels a good investment well we have an ipo we have an ipo etf out there that tracks ipo's it certainly hasn't done very well since the beginning of the year and there's other ipo there's about four of them these are etf's that track that track the ipo market they've done very very poorly over time my stance on ipo's is you know i give them a year unless there's something very very exceptional i give them a year a good case in point would be facebook when facebook initially went public i said give it a year and let's see if he can prove let's see if our friend running facebook can prove that he can run a publicly traded company and what's happened since then earnings have been growing by a one hundred ten percent per year over the last five years after year one i decided that this guy knows out a run a publicly traded company he's proven himself and my app can't start giving rankings to companies until they've been public for at least three months preferably six months then i start getting rankings then we also started getting earnings track records which are very very important after about a year within a year of going public now having said that the average ipo this year's up about twenty two percent from its ipo price but in aggregate if you look at an etf then invest in nothing but ipl's i think it's up about four and a half percent year to date so also if you look at the long term track record of ipo's they have sorely underperformed the s and p five hundred so you know take it with a grain of salt my basic rule of thumb is give them one year after going public to assess whether or not there are a growth company like they prefer it to be are not this is bill gunderson it's the best stocks now radio hour.