4 Burst results for "Jeff Kilburg"
"jeff kilburg" Discussed on WBZ NewsRadio 1030
"That they take but also their families and their neighbors. General Motors is idling three plants and scaling back work at another is the auto industry comes to grips with the global computer chip shortage. W W J AUTO REPORTER Jeff GUILDER FAX Kansas The only plant impacted in the US the others in Canada, Mexico In South Korea, G M's Dan Flores says they need to prioritize which vehicles get the chips. You know, we really are doing it to protect our higher volume products. Being our full size pickups are full size SUVs and the Corvette in Bowling green Computer chips go into every vehicle and the shortages impacted just about every carmaker, Jeff Kilburg. PCB dealt Traffic and weather together. The Subaru retailers of New England all wheel drive traffic on the threes. It's world three and starting you off downtown. We still have work crews on 93 the North bound side in the only a tunnel double left lane closure that has you at the speed limit South Bondi, reducing speed triple right lane closures in Cambridge through the only old tunnel. Airport tunnels. No delays, But the left lane has taken inbound and outbound on the Ted Williams Tunnel on the pike Eastbound Watch for a double left lane closure. Cambridge Street all the way through the credential tunnel. North of town. 1, 28 and 93 are in good shape for 95 south, bound as delays in Haven will work crews by the Ward Hill connector route 3 20 minutes between Kingsborough and Burlington. Out west on the pike here in good shape. Ruutu on Route nine. No worries there and Hopkinton 4 95 south. You're gonna slow down work crews right by the pike Southtown Expressway is looking good. 93 South exit 42 routes warning foreign Randolph that His clothes and 24 north bound work crews and rain on my route. 44.
"jeff kilburg" Discussed on 860AM The Answer
"I just can't believe that you went through a roll of talking about your kids playing sports, and the old Jeff Kilburg would have also said, Oh, and I happen to play football for Notre Dame and a coach Lou Holtz, where I played center. And you didn't say that. I think this is an amazing moment of growth for you. And I'd like to applaud you on that. I appreciate that. I'm trying to get out in front of my New year's resolutions and 23 1. So thank you. I appreciate it. Okay, now, a serious question, too, And this is pandemic related to And this is just an opinion, an opinion from a smart guy and I know it's not your core, necessarily Your core competency, But when you look at six months from now When you look at in the beginning of summer. Do you believe that our life and the way we go about doing things will have changed irreversibly, Or do you think that if you in 2021 of June is gonna look the same as 2021 of 2019 and just 2020, we're just gonna take out of our memory and throw it away. I think our lives professionally and personally will certainly be changed six months from now. We're not going to revert back to what we were back enjoying 19. However, I think it was the ultimate optimist, right? But I believe that the acceleration of the vaccine the distribution of vaccine, even though it's been less than impressive as of yet. I think it's giving accelerate. I think you're going to see a lot faster applications. Let me stop you real quick right now. If you and I were in charge of the vaccine, wouldn't we've had those trucks rolling out at 10 10 on that Friday night? What was approved what that's going on. Why does the government messed things up so badly? Why they're notorious for doing that, And absolutely if we were in charge between different never would have a pinky ring, and it will be a lot of things going on if we were in charge. But nonetheless, I think they're going to get the rubber meets the road. I think there's been a lot of playing. I think there's you have to think about five more during a vote of the two companies folks that have brought this vaccine two different vaccine one needs to be super super cold. Other one does not. But there's 25 or 26. Other companies is the global sense of urgency looking for a vaccine. So I think when you really see the horsepower hit sometime in January, February, I think Lillian told you from Hold you from reporting live in the state of Illinois. I'm being optimistic. But April May they're going to see a complete change. I think we're gonna revert to the same time. We're never gonna forget the pandemic. No doubt there was. It was a big time in my life And it was It was a huge, depressing.
"jeff kilburg" Discussed on 860AM The Answer
"The damp Roscoe. I'm Jim. You're real filling in for Dan and we're talking about Jeff Kilburg, the CEO of Km Financial who shared to mention thought the second one. I want to get his thoughts on a few other things. You mentioned energy when I look at the energy sector, and I have some of the big integrated energy names, and I, my thinking right now is for these last two weeks of the year, there's going to be perhaps some pressure on them as people sell maybe the harvest tax sauces and I'm personally looking to establish some of those out of favor names as things start to come back on. Do you like that Thesis, Sir, You're just gonna tell me how stupid I am, like normal. No, I would like to go like a normal response. By the end of the day. You know, I think there's opportunity, right? Whatever you see sectors and look what happened. Energy When you saw that demand fall off, you really started to get beat up. So I'm okay with the thesis. But I really have to be specific to some of the names I want when I want to own the best balance sheet there looking at me, like accent or even the shove. Run. I think that maybe Little bit safer opportunity versus some of these names. They're just high flying. And yes, really, either or Jimmy, You have to have a stomach for energy right now. Okay, so when we're looking at banks, and the banks just got a big boost. After some regulatory and they're allowed to whatever I don't want to get into the walkie details of what the government handed down and banks have done very well. Because of it. I own some banks, particularly Goldman Sachs. In my thesis was that I thought there was going to be a steeping of the yoke of now this question again. I think it's interesting is that I'm not just talking about the banks and Stephen the younger because if we're talking about that, then embedded in that question is the fact that in four months, five months, six months from now our economy is going to be back online back 95% online restaurants full again. The pandemic just a distant memory. But potentially the Fed still hanging around with zero rates and the federal government still spending like a drunken sailor, which could put up a little bit of inflation steeping out the yield curve propelled banks, even higher thoughts on banks. Well, first and foremost keeping The Yorker Jimmy like to be fancier, some of the terms you know what that means. This is not normal audience, right? Yeah. That's right. Stevie of the yield curve simply means the U. S. Treasury offers one month, six months, one year notes, also five year notes. 10 year notes, and then they go all about the 30 Year bond. So it's keeping of the yield curve means that that 30 Year bond is gonna pay a higher interest rates in the 10 year bond in the spread of the difference in the 10 year in the 30 year. It's larger. So when you have that stupid mediocre that allows banks You land at higher rates and make more money, So the press or the suppressed rage environment of Ukrainian has really been shown you for banks. That's why they struggle. That's why it's been the second Worse sector of 2020 and the S and P 500, But I think you bring up a great point. I'm not on. You know, I'm not on the same page. I think. Great. They're gonna be flying higher anytime soon, because Federal served, You know, they own one third of all the 10 year note should. Wow, that's just a bunch of the corporate says Well, That's right. That's right. So when they're the biggest owner, and they want to keep rates suppressed, to help the economy hell they get be mindful that but I think there's certain banks I'm in the campaign. Apparently long G. P. Morgan and J. P. Morgan, the best of business, we think that's an essential made me think about what would happen if JP Morgan wasn't around every credit card. Every car loan every home mortgage, you know it touches About 85% of Americans in some facets, So we like J. P. Morgan, But you're absolutely right. I think the banks if you're looking for some value out there now is the time but were adverse Tony banks. Because this rate environment you talked on. I did a wonderful job explaining the folks what it looks like. This is where you come when you're done with killed her after I'm gone like Mike drop. No, listen, and then I want to reiterate in something. When I talked to Scott we talked about as well. Is that these air serious topics we know that particularly talking about potential dollar collapse and a government getting involved with shouldn't but I'm you know, I'm gonna have fun talking about these things. Because I think they're exciting. You know, I got your again. You know, I'm I mean, were you and I are both Irish. You know, we know when you go to a funeral, you could be somber and sad. Or you can grab a drink and have some fun. And you know that's that's what I'm going to do, and I hope that that doesn't offend anybody causing all these are serious things I wanted before I was talking about that week back in March, and I think the role that sports played when everything started to hit the fan. And the role that sports late. I told story about my my older daughter, who doesn't have much emotions. But when they cancel the N c a a tournament she broke down in tears, and I still every time I think about it, I almost want to cry myself. Because she rarely shows emotion, and it just was kind of emblematic of everything falling apart. Sports have come back online. When pro sports came back in line didn't seem like anyone was watching him. A smudge mean ratings were down, but football in college basketball. Have seemed, do they do they have an important are they like a psychological importance and bringing people back together and making people feel connected through that? I mean, I know what you're gonna answer, but I wanna underscore it anyway. No, I think it's a great point. You bring up and I think when you talk about the amplification everything was amplified Emotions were amplified This covenant We've never been a pandemic. I know you're old. So maybe you're around 85 5 years old, the last pandemic back in 1918. You're actually right to have these sports come out. Give us the escape, given opportunity to be distracted a little bit, And that brings folks together Now, of course, we can't come together and get into a bar like a great guy like brands will plug there for years, but what we can but we can't do right now is come together, but we can Connected and talk about sports, So I think it's been. It's been really important piece of fabric that bring us back together, and I hope there's some normalcy, But, yeah, obviously, I'm a little biased, you football coach. You know, my boys play my daughter, You know big tennis players, So we get excited about having opportunity to do something different. He distracted from the day in this judge, because there's just that all different levels if you're six years old. He thinks he's over 86 years old like yourself. They're stressing always different inside this man died..
"jeff kilburg" Discussed on 860AM The Answer
"To expose the political fakers, fixers and takers to help you make sense of it. All That person is damn Croft, and this is the damn profit show. Welcome back to the Dan Cross Show. This is Jim Yury. Oh, sitting in and we have Jeff Kilburg, Who's the CEO of Cake and Financial? Also CNBC contributor. Jeff and I have done a lot of work together on CNBC. He's a futures trader, market analyst. And you guys, not from the Midwest. I'm not sure this joke broadens out to the whole country wide. But around here we everyone. You know how you can tell someone went to Notre Dame because they tell you within the 1st 10 seconds, So I'm just going to get that out there real quickly kept with the Notre Dame and did play football there for Lou Holtz. And we are gonna talk about sports a little bit in this talk to Jeff. But first we're gonna hit finances and I want you let's start really broad. And let's look out to 2021. What do you want here? Let me put it this way. Over the last eight months, One of the themes been pushing equity markets, particularly or any other market. You wanna talk about it? What are the themes that are pushing it today and then out in 2021? What's going to be pushing financial markets, particularly equities? Well, Jimmy always great to be out of my friend. Yes. Would you go back over a decade, talking markets, arguing flight debate but also give each other some jazz and having a hard time. That's what we do. We bust chops, but being here in Chicago, you know It is an extraordinary year. But what we've taken away from this year Jimmy and 2020 giving interesting. Let's go back. We'll think of the history here. What happened post recession post, 2000 and 2009 months. The great recession. We saw a lot of Passive index. If you're just long yesterday, if I were you did Okay. And now all of a sudden in 2020 things have really changed for all the reasons we talking about. We're not gonna talk about obviously having to wear their pandemic on hand. I think you know that one, right? Jimmy 2020 is that If you have proper exposure to certain sectors, I think that's been a winning recipe. Maura Important. Do you see the way from some of the sectors if you have not? Had exposure. Some such is that also has been part of the winning recipe. So we look at some of the sectors that continue to prevail. We talked about Tech tech still his number one. We run a lot of each model portfolios not to get too wonky there. But while we're trying to do is figure out Where there's relative strength, which secretary veal in strength and more important with secretary thing weakness, So we talk about text. We talk about medical devices. You talk about home construction. These all kind of some of the sectors we can unpack and talk about some of the specific names that are inside of these each. Yes, but we understand that energy has been one of the worst sector's year to date financials that really struggled and figure banks. They're finally get a little bit of optimism. But my point is Talking about 2020 That really sets up 2021 for Jimmy. We see a lot of the sectors we see. A lot of the themes that worked in Troy 20 persisted in 2021. If agree, or disagree with the federal intervention, the Federal Reserve and all the money that they have taken their balance sheet in a dramatic increase in size ability to help support market. Believe that or not, Jimmy, this is what we're going to get the embrace that you have to have the proper sector exposure to 22. I want to try and seek to produce Alfa. So did you just say that producing Alfa is attacking energy are too that you like a lot and let me put in a denim on that question to you talked about relative strength and tech has been I mean to call it. Relative strength is an understatement. I think that you know the stay at home trade the flock to the stocks with good balance. He trade just boosted those techniques of Yeah, they have relative momentum to everything else and relative strength. But at what point time does that become stretch? Meaning is there at some point, I'm going to be Ah, great rotation out of those names that were the pandemic names, and you know the six names I'm talking about Amazon Google's You guys can fill in the blanks into the broader market. The smaller stocks, the Russell well, look, I know you're much older than me, Jimmy. So sometimes You didn't take it now when I talk too long, so clearly, I went too long. And he did not. She does what you're running from that I don't even I don't think you even said anything. I was like, What do you want? One of my buying here? Kilberg Energy is not effectively on if you would have paid attention, But technology certainly is. So we look at the tech sector by large. You know, you can look at that broader exposure. You're looking xlk that that's what you have to like to talk about. But Tech? Certainly we're relatives say perspective is the number one on our models. Number one for a couple of years, and I think you bring up a great point, and this is really important for active investments understand what the market cycle has been doing. So when you see the thanks, Doc, we talking nauseam about the things that his Facebook it's Amazon. It's Apple. We took out Netflix folks we put in Microsoft and, of course, last week's Google, but those paying stocks Make up nearly 25% of the S and P 500. So where those stocks go, the market goes And on top of that this gets a little bit tricky, but their market cap waited. All that means is the apples of two Children. Our company Amazon, the to turn our company, so they are weighted Maura and that tech Vendex. If you look historically, going back the last five decades, Jimmy an equal ways Judgy longer term will prevail over market cap. Alicia, No matter what your strategy, your approach to the equity markets are, so I think it's this moment. Time you have to consider maybe dimension, summon exposure, not walking away from Tech by the gifted mission from exposure in some of the names that we're looking at are some of the chapters I should say we're looking to rotate into are some of the laggards of 2020 looking some industrial names looking somebody consumer cyclical name. They're really fell out of favor. We stock over 19 years the marketplace. So are you. Are you saying right now? That you believe 2021 Let me let me I'll tell you what I think you said, and you tell me if I'm right that 2021. There's going to be a movement toward like actual growth, the coming back online. Of the U. S economy. Now do you are you s Oh, I got that part right now. When you look at your thesis to I talked about Earlier in the show about how I believe one of the biggest themes is that government spending zero interest rate policy you just a ton of being propped up by the government keeping rates low. And forcing money into risk assets. Is that a broader theme that you agree with his well 100% of Cambridge United agreed on something, Jimmy, but yes, you're absolutely spot on it. It hurts me to even say your spot on but you hit the nail on the head, and that's the whole component..