13 Burst results for "Jamie Butters"

"jamie butters" Discussed on 90.3 KAZU

90.3 KAZU

05:37 min | 1 year ago

"jamie butters" Discussed on 90.3 KAZU

"Of January it is always a long everybody the macro economic quote over the day to day comes to us courtesy of treasury secretary Stephen minutia in via the World Economic Forum in Davos at which mission was on a panel where the conversation turned to European plans for special tax on big internet companies most of which the B. internet companies are of course American here is the treasure sector I think we've been pretty clear that we think that the digital taxes discriminatory in nature and you know if if people want to just arbitrarily put taxes on on our digital companies will consider arbitrarily putting taxes on car companies there is a lot in that sixteen spare seconds of audio so we're gonna take it apart a little bit here for a bit first the basics with Molly which is of course the host of marketplace that came on Hey guy bye to hit me with a a very quick primer on the idea of a digital tax explain yeah you have a lot of companies in Europe saying that there are these companies whose product is primarily digital right it depends on data from their citizens and they're making a lot of money in these countries and they're saying look we should get a piece of this revenue pie it's business being conducted here it's taking away from local businesses so France kind of kicked it off with this three percent digital tax and several other company countries are prepared to follow suit and the US to as Mr mission said it just does not like it why the US does not like it's they could a you you heard him say this discriminatory hit it really does you know the tax on companies that make more than about eight hundred and fifty million dollars in annual revenue globally and in the example just France do twenty five million euro worth of digital sales in that country so if you do that math that's about three companies Google Facebook Amazon you know in the end they're saying this is a target on American companies and it's taxing these companies over and over and over on the same revenue and what effect we should say that the president said maybe a couple weeks ago if anybody's gonna taxes companies America's gonna taxes companies others also that where does this go do you think right well not away you know despite the the sort of state of the discourse of the conversation about it you know Francis said it's going to move ahead with this tax Italy Turkey Austria Spain Belgium are all considering digital taxes and the fact is that this is a real issue that does have to get solved to this question of kind of how you deal with companies of this size that fundamentally don't have boundaries so there's talk of a global tax structure may be being worked out within the OECD that would be a major shift in global tax policy but without a doubt the conversations far from over into forget despite what the president said a lot of these become tech companies also don't pay their taxes run the United States right right interesting that this is country by country in Europe and it's not under the E. U. umbrella yeah exactly and I think that's what makes it so tricky now France has said that were there to be an easy you wide agreement on taxation they would be willing to go along with that that's a hard thing to work out and it wouldn't address any of the other countries that might come along and say that they also wanted digital tax mother would she does the marketplace tech talking digital tax stuff Molly thanks a lot my pleasure okay all right so the second piece of that mission quote the deserves a second look is the bit where he said the United States is going to arbitrarily imposed tariffs which is not the way it works marketplace a dealers on that one despite what the treasury secretary said in Davos this administration can't arbitrarily imposed taxes on whatever it wants the imposition of tariffs on any foreign goods for national security reasons falls under section two thirty two of the trade expansion act there is a procedure for going through section two thirty two and claiming national security that's Emily Blanchard she's an economics professor at Dartmouth College she says the argument the trump administration put forward back in may of last year was unprecedented in US trade policy that automobiles our national security issue because they are important for the US economy and US economic security is part of the broader national security the administration produced a report on why auto imports threaten national security but the White House has refused to release the report to Congress saying it would limit the administration's ability to negotiate further trade deals with Europe Japan and others Jamie Butters at automotive news says in theory he could see national security claims for auto imports if we imported all of our vehicles and we didn't have the ability to manufacture vehicles anymore than we would be at a disadvantage from a defense standpoint but he says that's a tough line to walk given how globally inter twined the auto industry has become an Emily Blanchard Dartmouth says that's exactly why any auto terrace would hurt American workers kind of ripple up and down the supply chain to parts producers and then to to further parts purchasers in alternately to the people buying those cars the American consumer I'm a dealer for market place on Wall Street today all up and then kinda knocked up we'll have the details when we do the numbers AMC is known for shows like breaking bad and the.

Stephen minutia
United States Can't Arbitrarily Impose Tariffs, Despite Mnuchin's Threats

Marketplace

01:45 min | 1 year ago

United States Can't Arbitrarily Impose Tariffs, Despite Mnuchin's Threats

"All right so the second piece of that mission quote the deserves a second look is the bit where he said the United States is going to arbitrarily imposed tariffs which is not the way it works marketplace a dealers on that one despite what the treasury secretary said in Davos this administration can't arbitrarily imposed taxes on whatever it wants the imposition of tariffs on any foreign goods for national security reasons falls under section two thirty two of the trade expansion act there is a procedure for going through section two thirty two and claiming national security that's Emily Blanchard she's an economics professor at Dartmouth College she says the argument the trump administration put forward back in may of last year was unprecedented in US trade policy that automobiles our national security issue because they are important for the US economy and US economic security is part of the broader national security the administration produced a report on why auto imports threaten national security but the White House has refused to release the report to Congress saying it would limit the administration's ability to negotiate further trade deals with Europe Japan and others Jamie Butters at automotive news says in theory he could see national security claims for auto imports if we imported all of our vehicles and we didn't have the ability to manufacture vehicles anymore than we would be at a disadvantage from a defense standpoint but he says that's a tough line to walk given how globally inter twined the auto industry has become an Emily Blanchard Dartmouth says that's exactly why any auto terrace would hurt American workers kind of ripple up and down the supply chain to parts producers and then to to further parts purchasers in alternately to the people buying those cars the American consumer I'm a dealer for market

United States Davos Emily Blanchard Dartmouth College White House Congress Europe Japan Jamie Butters Emily Blanchard Dartmouth
Tesla, Jamie Butters and Chief Accounting Officer discussed on Kevin and Bean

Kevin and Bean

00:15 sec | 3 years ago

Tesla, Jamie Butters and Chief Accounting Officer discussed on Kevin and Bean

"Nine. We are watching tesla this morning. It's down seven point eight percent in early trading. Its chief accounting officer giving notice he's resigning one month into the job citing the level of scrutiny on the electric car maker. Meanwhile, Tesla's HR chief also said she has not returning

Tesla Jamie Butters Chief Accounting Officer Elon Musk Joe Rogan Bloomberg Gabby Toilet Donohoe United States Karen Moskow Youtube Editor Detroit Chief Executive Lisa Moscow Ilan Pimm Tusla New York Times
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

06:00 min | 3 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Tesla shares up nearly two percent following three percent gain. Yesterday after news came out today that the company is planning a Chinese automatic facturing plant with the passively to produce five hundred thousand cars tweeting. Now, Jamie butters US autos editor for Bloomberg news joining us from the Detroit bureau. Jamie, this is a really big deal. Explain why. I mean, there's there's sort of two sides to this tesla needs, sort of production have that they could potentially get from this, but also tell us what it means about what's going on between the US and China. Well, yeah, those are some pretty big things. So yet tesla has been. So it's small, it's still kinda starting up. They really only have the one car factory this, you know to get one in China, and then they'll announce by the end of the year should announce some plans for a third assembly plant in Europe. You know, they're really can go along way toward them really kind of becoming a. A real automakers, something stable enough to survive a recession, a big enough to really gain some Connie's scale. So it's a, this is an important step. We've kind of seen it coming. He's been talking been working on it for more than a year, but to actually get it to come together as a wholly-owned tesla plant in China. It's a big step for tesla, of course, they've got to pay for it and there's some other issues there, but it is very interesting when you think about it in light of all the trade chaos, you know, the Trump administration is created where seeing rising tariffs of in the US US against China-made products in China against US made products, including automobiles as well as limited and steel and all these other things going on. And so here's the, you know, the youngest publicly traded US automaker announcing plans to build a factory and basically double their capacity by building factory in Shanghai outside of Shanghai. So it which which will help it avoid the tear. On both sides of the deal, but it'd be really, that'd be really curious to see if President Trump has anything to say about it. He's criticized Harley Davidson for their plans to move some work outside of the US or to avoid Europe's tariffs against US made products. This isn't gonna take any work away from the US, but sometimes the president gets real sensitive about American companies, creating manufacturing jobs anywhere other than the US avai. Jamie butters is it at all Iran that on this day, when we're talking about China and tesla that Tessa laid off nine percent of its workforce. Is it ironic? Well, oh, and I'll give you a moment upon that. As we re recall in twenty fifteen. There was a story about how tesla going to produce electric vehicles in China. Oh, but wait. That story surfaced again in twenty sixteen and twenty seventeen. If they had actually started building that plant in twenty fifteen, it would be finished by now. Yeah, but I, they tesla has moved at a very rapid pace to grow at the rate they have and I don't know if they could have had the money or the, you know, intellectual energy to needed to do all that. You know, you must really does everything very his very hands on. So having another operation on another continent may have been too much for them at the time. It is interesting. You're right. I mean they're going to add, presumably thousands of jobs. We don't know how many, but some number of thousands in China and they're cutting thousands about was about three thousand right? Mostly in the US. You know, it seems that a lot of the US cutbacks are related to the solar city. Operations were certainly seeing a lot, you know, the retail folks and installers from solar city. So may just be more of a business alignment a lot. You know, a lot of things are fungible. I mean, they're saying this plant is only gonna produce the for China. The California plant will produce the rest of the world at least until you have going, but we will. You can't always move as people. You know, it's one thing, you know, it's hard enough for Nissan or Toyota to move people from southern California to Texas Tennessee. You're not gonna move onto factory workers from California to China. And certainly, I mean, to pinpoint, though with skepticism about building plant has ability to do so they're kind of running out of cash. I just wanna touch them other Jay. We've got about a minute left here. BMW also announced today that it will make many cars China for the first time. And I'm just wondering whether quickly could just give us an overview of just how much automakers globally are trying to expand their presences in manufacturing in China. Yeah. Well, I mean, China is the biggest market, and it is still the fastest growing market in the world, and it's phenomenal to think about it. It's now you know, approaching twice as big, see United States market, which until the great recession was still the world's largest. It's still the most lucrative, but to. Void to really cater to that market. You know it is. It is so big. You wanna have eagles that are designed for Chinese people that can reduce the cost of the cost effective or more profitable. And of course, dealing with a government essentially controlled economy. It's always wise to keep those relationships strong and creating jobs place helps the helps with that. Thanks very much. Jamie butters is our US auto's analyst for Bloomberg joins us from Detroit. Thanks for listening to the Bloomberg PNL podcast. You can subscribe and listen to interviews at apple podcasts soundcloud or whatever podcast platform you prefer. I'm Pimm FOX. I'm on Twitter at Pimm FOX. I'm on Twitter at Lisa Abramowicz one before the podcast. You can always catch us worldwide on Bloomberg radio.

China US tesla Jamie butters Bloomberg Europe Detroit Pimm FOX Twitter California apple Shanghai Connie editor president BMW Trump Harley Davidson
Trump tariffs force companies to rework supply chains

Brian Copeland

00:51 sec | 3 years ago

Trump tariffs force companies to rework supply chains

"The e you is imposing retaliatory tariffs on us products as the trade war with the trump administration escalates bloomberg's jamie butters calls harley and its supply chain issues a microcosm for the global supply chain and he says it doesn't bode well for other international industries if all these natural borders start adding big taxes on them it's going to be very costly for consumers all over the world and for the company's trying to sell them products in a tweet president trump says he's surprised that harley is the first to wave the white flag in the eu trade war yet let's have a look at what's happening in the korean peninsula right now there are discussions about the possible relocation of north korea's long range artillery guns away from the dmz ed baxter has the story that story and other global news from san francisco ed what are you on.

Bloomberg Jamie Butters Donald Trump Harley North Korea San Francisco President Trump EU Ed Baxter
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

07:33 min | 3 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"York. Two. Two two. The fact that it shares of US automakers are falling yet. Again, General Motors, for example, is experiencing the biggest up four day drop in its shares since at one point six 2015 It's recouped a little bit of of those losses. But here to help us understand what the impact of trade tensions could be on the auto industry is Jamie Butters US autos reporter for Bloomberg. Jamie, thank you so much for joining us. So, uh, the reaction in equity markets seems to be highly negative toward auto companies I in with So the looming potential, aluminum, and steel tariffs Can you walk us through, uh, just why people are so negative or her a good morning who you know, neo and aluminum fuel traditionally, Right? Is what hours were made of, uh, we, we rely left on the all now overtime and partly by replacing it with, uh, their material such as aluminum, which can be more expensive, butter lighter, and therefore. Or, you know, better for people to come to me in another, you know, he's fiction uh, Use the vehicle by These are these are huge components. And the US And most of what the automakers, uh, by for building vehicles in the US is US steel by the nature of markets. If you're going to raise the EU's tariffs to raise the price of imported steel, the price of domestic steals gonna go up so all the steel and all the aluminum they're goes in and, uh, whatever fifteen million vehicles a year that we make around here, uh, is going to get more expensive. The argument that you know, the global nature of steel and so on, But Ito if G M purchases ninety percent of the steel for US production from US, suppliers couldn't They then make the public argument that Cina we didn't impose tariffs in order to raise prices for our customers. We agreed or the president put forth these tariffs in order to save the eighty thousand jobs that are in the steel industry. Well, boatload where they're going to get paid for. And again, a bear paid for out of GM Bottom line early gonna come out of the customer. But I'm saying you, you're saying that this is like a global, a global purchasing, a grim Well it No well with the Boina. They're buying the locally and the price they pay locally is going to go up because though The only thing keeping it down is the Leia. Leo arguably underpriced Horan steel Jayme right. Yeah. Well, I I just waiting to walk us through if there has been any estimates of just how much. The steel and aluminum tariffs could potentially increase either the cost of a car to make or the cost of a car to buy for the consumer. Right. Uh, you know, there's a lot that we don't know because there will be exemptions than there will be, you know, how, how it actually gets implemented. But if you look at it just kind of broadly, It might not be that bad. Uh, so if you figure There's eight hundred dollars worth of steel and the average vehicle and of course they look, I mean, arranged the average, right? You could have a Toyota Yar as That's a tiny Larry, you know, Chevy crews It's a little thing or a great big, you know, Silverado F one fifty. But on average let's say there's eight hundred two thousand dollars worth of steel and aluminum in a vehicle. You know if it. So what are we talking about? 25 percent tariff that might only be two hundred two hundred fifty dollars worth of extra taxes per vehicle, which on a thirty six month lease, You know works out to about six dollars a month. You know. So maybe that's not so much. It's sorta but I guess it it raises the question the bigger picture of, you know what's the role of government in the role of taxation? We just went through this process. Seeing of the president's been very proud, uh, eliminate a lot of regulations that were there to maybe protect the air or protect consumers. And we wanted to get rid of those. So the economy runs a little more smoothly. You say, Well, hey, what's another six dollars for the you know, fairly affluent people who can buy a new car truck. Um, you know, it's not that that caused by itself is overwhelming. But, uh, you add little six-dollar here six dollar there. Those things can add up and create a much less efficient economy. What about the effect on automobiles that are made outside the United States? An art imported? That is a really interesting question. Uh, and you again without all clear and sorted yet, but as it as it's been described, an award, if you if you figure we're going to tax steel when it comes into the country, that is kind of a disincentive to build vehicles. Here You look is they got Chrysler is in the process of moving the assembly of their heavy trucks from Mexico to Ohio writer. I'm sorry to Michigan and um, so if bring it to Michigan is going to impose, That is gonna make all that steel subject to the tariffs. It puts them at a disadvantage to the GM trucks that are still going to be made in Mexico. So he might This move could actually give a little advantage to, uh, Mexican made an Korean-made vehicles. Maybe it's a disincentive for Hyundai to build cars in the. Southern US, instead of just importing them with, you know, fully subsidised steal from Korea. So there's a lot of, uh, There are a lot of question marks here Jaime I mean if they start t- way if US companies start to build more cars, uh, overseas, that certainly would be a change in in dynamic right now. But just where we are, can you just put this in perspective, do the auto industry executives who your speaking with an analysts, think that the move has been over-done given what we know so far. A move by the by shares overdone No with the shares are response. The deep negative response. I know I'm not hearing them silver done. There may be, I mean, do their rhetoric is very high. The rhetoric is very hot within the industry. Some of the some of the analysts are saying, this is actually pretty manageable. You know, it's not ideal. It's not, uh, what we want, but it's but it's manageable. And so maybe some of the you know shares were down three four percent yesterday for most of the automakers. Maybe some of that will recover, especially if we start to see some exemptions made for, you know, critical Llosa is significant supplies of Steeler aluminum. They may be able to mitigate it. But there are very worried about the president that is the risk of a of a trade war breaking out going to leave it there. But thanks very much. Butler is excellent on the US automobile industry A joining us from our Bureau in Detroit. Thanks for listening to the Bloomberg PML podcast. You can subscribe and listen to interviews at Apple podcast SoundCloud or whatever podcast platform you prefer. I'm Pimm Fox. I'm on Twitter @ Pimm Fox. I'm on Twitter @ Lisa Abramowicz one before the podcast. You can always catch us worldwide on Bloomberg Radio. KFQD. This portion of PNO is brought to you by Pimm Co. for investors who demand more than the markets, deliver all investments contain risk and may lose value consult your investment professional before investing.

US president Bloomberg Pimm Fox GM Jamie Butters General Motors EU Pimm Co. Bloomberg Radio Michigan Toyota reporter Hyundai Boina Leo Lisa Abramowicz
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:53 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Yeah thank you so much for joining us and a happy new year to jamie butters is you as autos reporter for bloomberg news coming to us from our detroit bureau at this is sort of a big question i'd pimm that i have frankly which is as you get rising raids a lot of the loans that are extended to people for cars are floating rate they're going to be some of the most affected so it'll be interesting to see what happens here did did two two the fact yesterday californians were lining up to fire recreational marijuana legally for the first time as a new law went into effect to what the implications of this law are perhaps chris levy is the best position to tell us he is cochairman and partner of met at men which is based in los angeles and his devoted to i helping with the infrastructure up behind growing up marijuana legally i and he joins us now chris uh first it did i described madman correctly and second of all allow significant are the implications of this new law that goes to affecting california only implications for the new laws are very significant um if you look at 2016 the market size in california for legal marijuana was a little over two billion two billion and we think the market potential with a don't use legalisation uh it's up to seven billion than a threefold increase a chris bed 145 as as much as forty five percent of the cost of legal cannabis our taxes correct.

reporter chris levy partner los angeles marijuana california cannabis jamie butters bloomberg detroit forty five percent
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:57 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"The today the fixed income demands more that a fixed approach bit means staying ahead of every changing markets making the most of traditional strategies that also looking beyond them not just finding opportunities for investors but creating them we didn't invent fixed income but we reinvented every day pemco all investments contain raskin they lose valuable investing in the bond market is subject arrests consult your investment professional prior to making an investment decision and the visit we wish jamie butters are us auto reporter a happy twenty eighteen could a heavy with us jb a your story today has to do with the car loans and i'm one if you could just put this whole idea of car loans in the context of the rebates and the offers that are being made you can't help but see a television commercial for an automobile maker i was looking at one chevrolet i believe extending their employees discount to any one that comes in if you're offering like you know forty five hundred dollars off this can't be a great market or my missing something well uh if crowder had a perfect market but it's still pretty pretty darn good market uh and you're not you're not missing anything but in fact harming year where i knew get some trail friday people are trying to clear out their old inventory you have you know 2017 model go out on dealer lot uh you know maybe miss time something or somebody else a ransom discounts and and left you with too much inventory you've just got to get rid of those right 'cause if you're selling even if it's never been driven selling a 2017 in calendar year 2018 uh you you're going to have to give that car away.

raskin jamie butters reporter car loans crowder investment professional forty five hundred dollars
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:53 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"Yeah thank you so much for joining us and a happy new year to jamie butters is you as autos reporter for bloomberg news coming to us from our detroit bureau at this is sort of a big question i'd pimm that i have frankly which is as you get rising raids a lot of the loans that are extended to people for cars are floating rate they're going to be some of the most affected so it'll be interesting to see what happens here did did two two the fact yesterday californians were lining up to fire recreational marijuana legally for the first time as a new law went into effect to what the implications of this law are perhaps chris levy is the best position to tell us he is cochairman and partner of met at men which is based in los angeles and his devoted to i helping with the infrastructure up behind growing up marijuana legally i and he joins us now chris uh first it did i described madman correctly and second of all allow significant are the implications of this new law that goes to affecting california only implications for the new laws are very significant um if you look at 2016 the market size in california for legal marijuana was a little over two billion two billion and we think the market potential with a don't use legalisation uh it's up to seven billion than a threefold increase a chris bed 145 as as much as forty five percent of the cost of legal cannabis our taxes correct.

reporter chris levy partner los angeles marijuana california cannabis jamie butters bloomberg detroit forty five percent
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:57 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"The today the fixed income demands more that a fixed approach bit means staying ahead of every changing markets making the most of traditional strategies that also looking beyond them not just finding opportunities for investors but creating them we didn't invent fixed income but we reinvented every day pemco all investments contain raskin they lose valuable investing in the bond market is subject arrests consult your investment professional prior to making an investment decision and the visit we wish jamie butters are us auto reporter a happy twenty eighteen could a heavy with us jb a your story today has to do with the car loans and i'm one if you could just put this whole idea of car loans in the context of the rebates and the offers that are being made you can't help but see a television commercial for an automobile maker i was looking at one chevrolet i believe extending their employees discount to any one that comes in if you're offering like you know forty five hundred dollars off this can't be a great market or my missing something well uh if crowder had a perfect market but it's still pretty pretty darn good market uh and you're not you're not missing anything but in fact harming year where i knew get some trail friday people are trying to clear out their old inventory you have you know 2017 model go out on dealer lot uh you know maybe miss time something or somebody else a ransom discounts and and left you with too much inventory you've just got to get rid of those right 'cause if you're selling even if it's never been driven selling a 2017 in calendar year 2018 uh you you're going to have to give that car away.

raskin jamie butters reporter car loans crowder investment professional forty five hundred dollars
"jamie butters" Discussed on Reasons to be Cheerful

Reasons to be Cheerful

02:02 min | 4 years ago

"jamie butters" Discussed on Reasons to be Cheerful

"It's the dirty thing that was that stoicism he will yet it's a funny thing about isis again stoutly basis we that we aren't as a nation we definitely at our best when when under attack i mean i said within his name people often talk about the wartime spirit and stuff of there's no doubt with we're very good rallying in terms of heart you just wish that we could harness some of that the the soul of postive in love it was around that constantly cushion but you can't do every day but you sometimes wish it didn't take a tragedy to make every one of the group work together as a nation as well because he talked that you think famously wooden does nation for former common them you know but it's just so acoustic agha's jayco live urge bat but but also did did don't you think it also we'll cecil that in the two thousand twelve olympics dirty thing that spirit with the i'll let you remember saying to people this is potential turning point for countries it was such a purely global event and we were so proud of being a must be almost exactly four years before the brexit vote felt modern as well yeah it was like this all the stuff about britain's history and cultural history but it it felt multan an outwardlooking as well it was when the tons of felt jamie buttered prior to people i proudly injury were doing ninety agree base staunching to think that was only five years ago video you will exert leave it in a way that the spirit they existed in 2012 still exists now but also the angered that was expressed in the brexit referendum was there then if he sulimane both true yeah we're restraints country rating in a way that to search the same coin part of why the olympics when so what was 'cause we we're determined to show more great country were on some level in that case it was to do with them celebrating achievement welcoming the world in a way the same mentality that wants to make everyone welcome also wants to tobacco olsen i suppose you may be members of unpopular some people are saying this year the people in my constituency voting for brexit lots of them voted for it because they wanted something more positive about the.

agha britain jamie olympics multan five years four years
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

01:55 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"You know obviously in an era where and the sp 500 gained zero six and a half percent and a quarter meal may people might not be too pleased with that but it's something that you know if you on diversify and you know not be too exposed if you feel like markets are little frothy you know going up in credit quality highquality corporate bonds agency mortgages you know take that clip that coupon essentially and i have less price volatility than some of the other uh more risky securities thanks for being with us always a pleasure brian should pata he is a us treasur supporter for bloomberg news and yes he can be followed on twitter be japan a cha double p a doubled t a the deal the kfqd addict ford's luxury brand lincoln what is the future for the brand well here to help us understand it is said jamie butter use our us autos reporter for bloomberg and jamie always a pleasure you can be followed on twitter mitton harka am i t e n and then just hawk h a w k are admitting hawk tell us what is the deal with the lincoln brand for tell us how many they sell and what are they trying to accomplish lincoln is a recurrent prayer in here in the us for near the the big brandford leader in the luxury market the volume luxury market are real mercedes bmw and lexus and they all fell three hundred thousand or more a year and lincoln you'll barely cracked one hundred thousand so it's not really getting enough volume to justify you know the cost of product development and endeavour.

the deal ford lincoln reporter bloomberg hawk us lexus product development twitter jamie butter
"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

02:00 min | 4 years ago

"jamie butters" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"There was a report that caught my eye of the weekend china said that it was going to end sales of fossil fuelpowered vehicles in it the upcoming years china is just joining other nations such as the uk and france cigna phase out vehicles using gasoline and diesel uh my question is how much does this shift the landscape profoundly for automakers world wide here to answer that question hopefully as jamie butters us autos reporter for bloomberg news coming to us from our detroit bureau so jamie does this how how big of a deal is this uh for us car manufacturers at this point it is not much of a deal at all right i mean it's so far down the road the hard to really fee how serious the chinese are with us you know i so i mean look i think they're they're goals that there's that they're trying to achieve make perfect sense they want cleaner air for their cities they want to reduce their dependence on foreign oil they wanted to be technology leaders in ways that are going to be meaningful in the twentyfirst and 22nd centuries uh but you know they've also i've been covering china and their auto industry for more than a decade and they you know has this policy to reduce the number of automakers that they have and instead they have more brands more chinese brands now than they did fifteen years ago so we'll see there's a date on it we'll see if they actually put a day you know i side from china's declaration here which you can sort of say it's sort of unclear a lot of details have to be worked out just the fact that so many countries around the world are focusing on trying to reduce the number of fossil fuel vehicles and giving subsidies to electric vehicle production to me signal some kind of see change that's going on in the industry do you do you think that that is over seeding the issue.

china uk jamie butters reporter car manufacturers foreign oil auto industry france bloomberg detroit fifteen years