19 Burst results for "Jeff Mills"
"jeff mills" Discussed on CNBC's Fast Money
"Fast money. Welcome back to fast monday. Take a look. At shares of data center equinoxes. It was a big winner as the work from home. Boom took off earlier this year. But as a co vaccine rolls out and people go back to the office. What's next for the company economic. Ceo charles myers joins us now. Charles great to have you with us too good to be here your socks doing well this year. It's up about twenty percent today but over the past three months. That's when we started to see the decline and it's part of this larger rotation general away from those work from home names away from the growthy names. And i'm wondering charles if you could speak to this idea that there has been pull forward in all sorts of work from home. Plays is there have been put forward in your view in terms of customers demand for data center. We don't really see it as a pulled forward we see it as a sustainable. You know sort of demand underlying driver in terms of digital transformation being critical priority for business we see digital transformation in our lives of consumers every day and i think that's that same trend is playing out in the enterprise creating a massive addressable market to support digital transformation. So i think while there's probably some spiky demand created by the work from home transition I don't see it as a potpourri hit more a really strong underlying secular demand. Trent charles just just seeing the news over the last couple of weeks you closed on a joint venture with singapore's sovereign wealth fund. Can you speak to what you're hoping you're gonna get from that here. That's actually our second joint venture with gi see To support our hyperscale aspirations. we Sometime ago we actually decided to pursue the large footprint hyperscale demands of companies like aws microsoft google etc. The large cloudplayer's the You know Both here and and in other parts of the world Via joint venture where we could allocate our capital to our retail heavily interconnected business and use the financial resources of our partners to support the hyperscale side of our business. And so we're excited about that. We closed the j. b. and western europe Some time ago. I've seen strong demand for that and just recently announced this most recent. Jv in japan It'll be more to come in that space across the world with Would probably i see in other parts as well So thanks for joining us here. So you mentioned earlier that you know you don't really see as much of a pull forward and especially during the pandemic here. How do you see this acceleration. Kind of going in twenty twenty one. Twenty twenty two. Like how do you see it for your business here. Because you know there's a lot of investors who are like trying to pull the plug on these one the pandemic so to speak but it seems like your business was already going in this direction. Yeah i think You know again you look at the underlying demand drivers and digital transformation as train is one that we think is extremely durable as we talk to our customers you know. They just feel like You know they've seen what happened in the pandemic in terms of people who were better prepared for digital transformation transformation forming those. They were less prepared. And i think you know independent and macroeconomic conditions. We're seeing people prepared to put money to work to To continue their digital transformation. I mean every aspect of business across every vertical is changing due to digital not only how you interact with your customers in terms of online buying and what people normally think of but also how you interact with your employees and work from home has really shown that how you interact with suppliers your partners These businesses are now run by applications and the performance. The performance of those applications is heavily dependent on your window structure and that digital infrastructure really needs to be distributed across the globe. And that's where it comes in in terms of helping customers interconnect their infrastructure to the cloud. Charles great to speak to you. Charles myers groupie here. Happy holidays to you. Happy new year Jeff mills how do you think about trading this trend towards digitization online business online shopping online etc. Yeah i agree in the sense. That i don't know that it's demand that's going to go away. I think it's one of those things. That's an acceleration of an existing trend. You know we were looking at the tower reits we own some tower rates. I think that it's very similar to those kinds of companies positive secular growth trends. You have rising mobile data consumption and five g and all these things and these businesses typically have pretty low customer. Churn and i think economics is in a very similar place. yes helping companies like zoom and cisco's webex in that demand will probably plateau some but at the same time. I don't think that we're going back to where we were before. Then they have all those other revenue that That we were just talking about. The stock is down sixteen percent It showed some decent supported the two hundred day moving average is trading at a premium. But maybe it deserves it all right coming up shopper. Drop it be tackle. Three widely-held software stocks went fast. Money return welcome back a reminder that we've got.
"jeff mills" Discussed on CNBC's Fast Money
"Go to make terrell for that. I make tyler panel of outside advisers to the fda just-concluded vote on whether to support biogen's alzheimer's drug and the vote was resoundingly negative. Now this follows by stock rising forty three percent on wednesday after the. Fda's documents about the drug came out. That's that huge spike. You see there at the end of this stock chart and here's just some context about why this is so important to via jen. Last year they discontinued these trials of this alzheimer's drug when it looked like they wouldn't work then in october. They got some more information that suggested the drug might work. The gave them guidance that they should file for approval. And that's the process. We're seeing play out right now so earlier this week. We got the sign that the fda is looking at this very positively that caused the stock to bump up forty percent on wednesday as you can see there. The stock has been halted today as they've done this vote. This outside panel of advisors has said the drug based on the evidence. They've seen does not look like it works however the fda does not have to listen to them. They are set to decide by march whether to approve. This drug many expect that because the empty was so positive wednesday. They will still approve it. Even though this panel vote was so negative so tyler that's a confusing set of things to explain but the stocks should open at some point. Either tonight or or monday. And we'll see how much the market thinks the. Fda is going to listen to this negative. Vote on this alzheimer's drug tie interesting. It's kind of an intermediate step along the along. Along trail meg. Thank you very much. jeff mills. Let me turn to you as as meg just spelled it out. This is not a death knell for this mess. This drug necessarily biogen. What should i do in light of that. How much might the stock selloff in after hours later trading tonight and then through monday yeah one of our research analyst actually put a note out on this today they follow the stock and clearly. This drug is massively important. For by genu- saw the move in the stock mentioned forty three forty four percent up the other day so i think if this does not go well you're gonna give that back and then some to your point it's not necessarily a death knell but i would be very very careful with the name here all right. Jeff thanks very much and coming up roku rocketing.
Are airlines clear for takeoff?
"Also got some encouraging new numbers from the TSA the agency, screening more than half a million passengers for the first since the coronavirus pandemic hits and Credit Suisse issuing some calls on the space southwest, the big winner getting upgrade as analysts believe the airline is well positioned for a comeback, but the firm downgrading united and spirit so are the airlines clear for takeoff Jeff Mills Holy. Cow United Airlines up twenty percent today. It's interesting, and I just WanNa make the first point which I think is critical at these levels and in this market when you're buying into the airlines, you have to understand what you're doing. What you're doing is buying into a Beta trade, which is completely linked to the reopening so this afternoon. Just for fun. I looked at American Airlines Delta MGM. Casinos, a couple of the cruise lines, and I looked at the correlations. If you go back to twenty, nine thousand nine as an example, then you average. Average out the correlations. If you just do a little matrix, it was point four three, so not that high from the bottom. Those stocks have been correlated an average of point nine six. You're basically looking at the same chart so when you're buying into an airline I don't know that it's anything idiosyncratic relative to the fundamental, so I want to make that point very clear upfront I've been cautious as it relates to the airlines. I think there are some risks as we move into the fourth quarter. Is Business travel going to come back. Are we going to get a second wave of the virus? I think there's this pent up demand right now, so you're seeing traveler throughput increase, but those TSA numbers we above five hundred thousand for the first time we were at about one hundred thousand per day at the depths of the the economic shutdown. Let's not. Not Forget I mean that's good, but this same day in two thousand, nine, thousand nine. That number was two point six million. We have a lot of ground to cover in terms of getting to where we need to be from demand standpoint. Last thing I will say just in terms of picking names within the space I. Think you WanNa. Look at A. A few things you WANNA look at exposure to business travel you WANNA look evaluation. I, also think you WANNA look at exposure to international travel, because that demand hasn't clearly come back yet. The name I think that might be best positioned for all of that is actually south west in terms of their revenue mix exposure to international travel, and their evaluations actually look a lot better. Some of the names like American spirit jet blue. If you look at them from an IT perspective, even that these depressed price levels given the debt that they've added during the last couple of months, evaluations actually don't look that attractive so in a space I don't like much. I think South West might be the name. Michael What do you make that? Wyndham CEO was Unin closing bell, last. Hourani, said leisure travels picking up, and he seemed bookings increase for eight straight weeks, but jeff makes a good point about the business travel. What do you? What do you think that all adds up for for the airlines? Some opportunity here? Stay away no way yet. Well. I, think it certainly depends. Name by name is picking up off such a low level that you know. Those types of increases in percentage terms are going to see material, but that doesn't necessarily mean that certain players in the space are going to be in good shape, taking a look at American for example. You know this is a company where you're looking. Looking at relatively short data debt that's trading at just over fifty cents on the dollar. And what that tells you is that the bondholders still have significant concerns. The reason the equity does so well is because it is coming off such a low level. It's a speculative by as Jeff was just alluding to on a reopening, but that doesn't necessarily mean that in. In the long term, these companies are going to end up being successful. You know if you're looking at companies that have accumulated a massive amount of debt than the enterprise values was talking about might actually be very little change, you know. It was just over forty billion dollars at the end of twenty, nine, thousand nineteen for American. Airlines around thirty eight billion dollars. Dollars now it's just the equity component that's down, but debt has been added of those big carriers. Maybe Delta Airlines is probably the highest quality, but you're really playing with in a very dangerous space when you're dealing with levered businesses that are so closely tied to a recovery and needing that second wave is going to hit them very hard if it comes. So, what do you think PK? You WanNa play a dangerous game. WanNa wait into the airline's. Name more like Boeing you walking away. No, no I want you know it's going to be hands off for me I. Mean Really What you've got here. Yeah, was the retreat here certainly but any asset that's up twenty percent I don't care if it's an airline Boeing or bitcoin up. Twenty percent takes off the table. People I mean take a little bit of profit. Wait for another day in the long run. I, do think these are challenged. All right so you are sending those warning signs
Hong Kong tensions rattle world stock markets, oil tumbles
"But we begin tonight with the latest flare-up in China Beijing announcing new security measures against Hong Kong sending the Hang Sang Towards. Were Day in almost five years the move escalating tensions with the United States with President trump threatening quote unquote strong reaction to that crackdown. So does China become bigger headwind for the markets as we head into the summer painting. Adjarian what do you say? Yeah you know Mel. It seems like there's always a different story every single day. That seems to lead us either up or down right on literally every day whether it's earnings one day that we focus on that the employment numbers the next day China one day the virus of course and somebody having sort of a vaccine of some sort or another is always something leading the market. So what I was encouraged. Today was the news yesterday and today about China and the US and some of the issues that we're going to be facing probably going forward. It seems to me like we've shaken that off pretty well. It's been pretty impressive. Ability of the markets just say you know what because we could have very easily slid down today and ben down four hundred points going into the weekend like we were a Friday or two ago? So I was very encouraged by that. I continue to watch the volatility index of course extremely close and I'm encouraged by the fact that we aren't seeing huge spikes anymore and we're seeing this contracted movement I think that's a much healthier environment and by the way. I think that everybody wants to focus on the big five. It's not the big five. It's biotech there's a lot of different areas of the marketplace that are giving us a foundation. I think four more upside to come in the future either shaking off the worries about China or just not coming to grips with reality. Jeff Mills what do you make of what is going on with China? I mean what's also interesting? Is that the Communist. Party has abandoned giving growth targets which they normally do Some say that that could show that Xi Jinping. Maybe a little bit on his back with that he's he's feeling a little bit cornered here because growth in China is slowing down and he needs to take control over Hong Kong before what could be a losing election for the Communist Party in September. Yeah look I think. It's indicative of the Global Growth Picture. I mean China withdrawing its growth forecasts we're seeing with a company earnings here in the US. So and I would expect to see more tensions with China quite. Frankly think you're going to see more bills. Come to Congress via unanimous consent. I think it's unpopular to try to block those bills. Now if you look at the dollar one relationship for example I know there are other things going on but it looks a lot more like it did pre-trade deal than it did after the trade deal so I think could be sniffing out some problems there and really the bullish narrative right now. I think is massive fiscal monasteries. Monetary stimulus reopening progression. All of these things. I just don't know in combination if that's going to be enough to drive earnings enough to justify the market where it is right now if you look over the past twenty years the correlation between the S. and P. Five hundred and Ford. Eps estimates is point nine since the bottom on March twenty third. It's been the mirror image of that. It's been negative point nine. So the market's been going up. Earnings estimates have been coming down. And I don't know that the economic environment is such that we're going to see a massive recovery in earnings estimates and we've also talked about the pain trade being higher and I was in that camp a couple of weeks ago. I think we're moving away from that. The put call ratio extremely low. It's actually below point five three right now. The last time that happened was January twenty eighteen than earlier this year. We both we all know what happened. Following both of those instances and then also you're finally starting to see money flow out of money market funds and now the head at the headwind of the two hundred eight moving average. I think there's a lot of things against the market right now. I wouldn't be surprised. Frosted traits were sideways down from here. That's a lot for bear to chew on My Co. you agree with what Jeff Mills is saying. Do and also some of the things that Pete was saying as well. I mean a couple of things that we can look at the markets forward. Look at what we can expect over the coming months. The vix index which basically is a measure of the market's expectation of forward volatility. Actually dropped a little bit today. Even despite this news at you're coming out of China but the important thing is that China News. This is coming after day after day. After day it's steady drip of just sort of increasingly negative sentiment on the China Front so. I don't think that we should have anticipated. Necessarily the market was going to sell up eventually. Investors become a little bit anesthetize when you can continue to hear the same bad news. It doesn't have sort of the shock and awe that's going to drive the market lower instead. I think basically what Jeff is talking about is what we should be paying attention to which is what do we really think. Eps For for a lot of these larger companies. It's GonNa look like some of them obviously are more immune to what's going on but others certainly are not their big swats of publicly traded companies that are GONNA be facing considerable pressure for some period of time. And we've had quite a bounce off the bottom and I actually kind of feel you have the opportunity. You might be wanting to pair some of those positions a little bit here. I can completely see the bear case at the same time Brian Kelly. We know that companies are are in for tough road ahead at the same time. I think that the reopening of America has happened probably faster than what a lot of people think. And I'm not talking about a complete reopening of course but all fifty states on some level have reopened at to some degree and I would think that that's probably a lot faster than what many people thought just a couple of months ago when we were sort of in the depths of this pandemic. Yeah I think that's probably right and I think also the fact that we're unsure how people are going to react when things reopen so when you start to see beaches reopened you. Start to see parks reopen. And they're crowded again. That's a different story but to me if I look at the market here we're talking about China and we're talking about the reopening and recovery from this vaccine so the bull case here is that the Federal Reserve's going to pump enough liquidity GonNa buy enough corporate bonds that companies can ride out the storm however long that takes the bear case. Is We get some kind of second wave? And or we have a serious kind of trade dispute or D. Globalization going on with China to me globalization. Argument is a lot is worse. I don't know if it's worse than the virus necessarily but it's probably a longer term headwind for the market so that's where we are. Those are the bulletin the bear cases and pizza at the beginning to show every day. There's something else driving it. The markets trying to decide investors are trying to decide and we're at a decision point in the mocking so to me if I look into the next couple weeks. I think that's going to determine what the next six months look
"jeff mills" Discussed on Popcast
"Here is a kind of logical fusion point between the two threads of this episode right which is to say highly and the highly digital or the the organic matter as digital. There's a point where Tony Allen makes a record with Jeff Mills so that to me feels like perhaps a logical conclusion point for this entire conversation. I mean here is Jeff Mills. Crucial Detroit Techno innovator. Clearly in inheritor genre lies of the work that craftwork had done. Here's Tony Allen still sounded like Tony Allen and the to kind of come together for this project. I'll be honest. I don't love everything on this record blocked. It's the most literal statement these two worlds can coexist. Not just kind of run in parallel. That collaboration between the two of them I think is one of those things. That sounds better paper that it doesn't practice. I think there's maybe each of them were to deferential to each other to actually commit to something that's real that's real. There's I think the first song on that on that album is called locked and loaded and that's August tremendous to me. That's a tremendous synergy of those two talents. Jeff Mills and Tony Allen but actually for four years before that I think is where the strands really come together. Is Tony Allen joins the Mertz von Oswald trio Emirates von Oswald. If you're looking for sort of like a next generation Florian Schneider. He's essentially it and Tony Allen joins his trio does a bunch of live shows and I think they released a live record or two but that album. That collaboration is incredible. Moritz is genius and Tony's presence in the in the ban makes it so much better and you can see it. There's some youtube live recordings. You can see merits just really feeding off of what Tony is giving him. But it's in the same vein where you have this sort of afrobeat strand in this Detroit. Techno Berlin Techno Strand inspired directly by craftwork coming together in a natural meeting point. So let's go out with something from this. It's in Tony Period. What do you WanNa go to sounding? Lines is the might that they worked on together. All right. Let's let's let's get into a little something from sounding live by the mortgage Oswald Trio Joey. Pleasure and honor a thrill..
"jeff mills" Discussed on CNBC's Fast Money
"The nasdaq market site overlooking new york city's times where i'm melissa elissa lear traders on the desk or carter worth eighth guide dommie and we're also joined by jeff mills chief investment officer at bryn mawr trust going out with a bang the s. and p. five hundred entertaining in its best week since early june but that wasn't enough to turn the market's positive for the month all three major averages ending august in the red the nasdaq the worst performer so with august. I was august just the calm before the storm. Look at the big month beheaded. We've got a new round of taras kick in sunday. That's followed by the jobs report later next week. Then the central banks take center under sage with the meeting in september and then the biggie the fed decision september eighteenth. Are we heading into a timber to remember for a fall to forget get guy. We can't be both because i think the people will remember september in the fall to forget it right so in this case the answer is is your question is both of the unwelcomed jeff mills look at made sense to me that the market rally this week end of the month people way for the long holiday weekend i get it. We talked talked about it earlier in the week but i believe that the next couple of weeks will be as dicey appeared for the market as we've seen in some time. I still think the market selloff will culminate with a vix around thirty one. The vix actually benign tape today rallied on a friday which i find interesting and i do think we're in for some serious headwinds. You could have the president over the weekend you can say you know what president xi and i had a beautiful conversation and we're gonna delay these tariffs and maybe on tuesday we get a bounce off the back of that but in my opinion the things that worry this market are not only the chinese tariffs but a laundry list of other things that that won't solve yeah so a delay of the tariffs and we may get that we've seen a lot of that over the last year or kind of like some software conversation but i think it's important to go back to august first when trump. I tweeted that about these september. First harris the s&p was over three thousand and so we're a a couple of percents to three percents below those levels so if you're asking me whether we like some sort of softening into september on that sort of rhetoric s._n._p. Go back there. Of course it could but i guess i go back to the sound like a broken record every new hire that we've had the s._n._p. Has been a great opportunity to sell and have the opportunity to reload much lower but i'll just make one other point. You know quarter to date here. We're down the s._n._p. The dow the nasdaq or both down about fifty bishops here so heading into september. If you look at what was really strong in august it's very defensive stuff staple's retail utilities up almost five percent. That's not particularly bush from where i'm sitting and i do think that's what the playbook probably continues continues to look like what's worked over the past twelve to eighteen months probably continues to work. Investors are going to go to tech for growth and they're gonna look to some of these defensive areas of the market because rates probably stay alot be impressed a little bit about how well the market is actually held up in light of everything you're talking about. I mean that's been pretty bullish going forward and i think a lot of that has to do with sentiment intimate if you look at institutional investor surveys as it relates to confidence if you look at e._t._f. Flows still pretty aggressive on the way out and then the put call ratio on the options market for example pushing into the ninety fifth percentile usually when skepticism is that high in the options market returns over the next three months pretty strong four point five percent versus under one one percent for all observations so i think we still do okay here pushing into the fall when you think that's just it. It's just okay at migrate as an asset class. It's just not working. You're not being paid the risk to embrace equities now for almost eighteen months and the real recent changes..
"jeff mills" Discussed on WJR 760
"Of McComb county prosecutor Eric Smith. They would have had warrants to do this Smith is under state investigation for misuse of forfeiture funds money is four fitted by drunk drivers. And by drug suspects, the money in those forfeiture funds is supposed to be used for police and law enforcement activities at issue is about nine hundred thousand dollars from these funds. Other county officials say the money went for purposes other than police activities county Commissioner Leon roll out. A critic of Smith says money was not used as specified by law. Grownup says some of the money was sent to charities golf outings a high school yearbook. Purposes. There's no other says a elected official can decide what seems they like to spend money on maybe money should go to your many. But that's not the purpose of these funds. He was on the Frank Beckmann show drill. That says records also show some money went to pay credit cards. Police had search warrants and rated the prosecutor's office last month and left the office with a box full of documents Brosse hitter Smith has said he is fully cooperating with the investigation. It'll be back to court today for the X McComb county clerk, Karen Spranger. He'll get a hearing on charges that she made eight illegal withdrawals from an account belonging to a seventy year old woman that she had been carrying for sixteen hundred dollars or so was taken from the account. According to the authorities users of what's up or discovering their phones may have been hacked their phones by a voice message. Correspondent Scott Carr reports these software company and as oh is reportedly behind the. The installation of spyware on dozens of phones what the social media app installed. Citizen watchdog say there's nothing a user could have done to avoid being hacked short of not having the app. NSO spyware has repeatedly been found deployed heck journalists as well as lawyers human rights defenders and dissidents, most notably. The spyware was implicated in the gruesome killing of Saudi journalist Jamal Khashoggi. Correspondent Scott Carr for people are dead at least after two tourists float planes collided in flight near Ketchikan, Alaska. According to the coast guard and Princess Cruises. The passengers on both planes were from the Royal Princess cruise ship, which is on a seven day cruise the stock market had its worst day since the big sell off at the beginning of the year. That was yesterday. The markets are still licking their wounds from the Dow Jones index losing nearly seven hundred correspondent Steve Kastenbaum reports. The esscalation of tariffs on China has the investor world worried when the trading session, ended months. Afternoon. The Dow Jones industrial average was down six hundred seventeen points or two point four percent. It could have been worse earlier in the day was down seven hundred nineteen points. It always feels bad when the market moves in the wrong direction. This quickly Jeff mills is Nanjing director at PNC financial services. But I do think you have to keep it in perspective to a degree. You know, were maybe four or five percent from an all-time high. Now, I don't think is necessarily the end of the world mills said things could worsen though, if companies don't reinvest in themselves to keep unit costs low Steve Kastenbaum, New York. And right now, the Dow Jones industrials are up moderately the Dow is a point seventy seven percent. The city of Allen park says all the trash should be picked up by Saturday. There's still garbage lining up some of the streets on Ellen park. More than a week after floods hit the area. News time ten we showed real families.
"jeff mills" Discussed on KOMO
"Been worse earlier in the day was down seven hundred nineteen points, the S and P five hundred fell two point four percent. The NASDAQ lost three point four percent of its value. While the Treasury Secretary said negotiators were still meeting with Chinese officials to work on a trade deal. People Mente tion of a hike in retaliatory tariffs on sixty billion dollars worth of American exports sapped confidence on Wall Street. It always feels bad when the market moves in the wrong direction. This quickly Jeff mills managing director at PNC financial services. But I do think you have to keep it in perspective to a degree. You know, we we ran pretty far prefab since the beginning of the year. So the fact that you know, were maybe four or five percent from an all-time. Hi, now, I don't think is necessarily the end of the world. He agree that the cost of tariffs is passed on to American businesses and consumers, but he's still thinks the economic outlook is generally positive drag on global growth, at least at this point is likely to be somewhat limited. So for our investors. We are definitely telling them to stay. The course even though we think all in the near term. It certainly persists nil said things could worsen though, if companies don't reinvest themselves to keep unit costs low Rick health and bind as president and CEO of the American apparel and footwear association. He said the cost of consumer goods is already going up tariffs do not work and the president is using them shall we say as weapon he's weaponized a tool that was in his arsenal. And it's it's going to hurt. It's gonna hurt the American consumer big time. But some on Wall Street believed the strong incentives for China and the US to work out. A trade deal will end the impasse sooner rather than later. Steve kastenbaum. New york. Twelve past Donald Trump junior urged to plead the fifth when.
"jeff mills" Discussed on KMOX News Radio 1120
"Worse earlier in the day was down seven hundred nineteen points, the S and P five hundred fell. L two point four percent. The NASDAQ lost three point four percent of its value. While the Treasury Secretary said negotiators were still meeting with Chinese officials to work on a trade deal. People imitation of a hike in retaliatory tariffs on sixty billion dollars worth of American exports sapped confidence on Wall Street. It always feels bad, but the market moves in the wrong direction. This quickly Jeff mills as managing director at financial services. But I do think you have to keep it in perspective to a degree. You know, we ran pretty far prefabs since the beginning of the year. So the fact that you know, were maybe four or five percent from an all-time high. Now, I don't think is necessarily the end of the world. He agreed that the cost of tariffs is passed onto American businesses and consumers, but he's still thinks the economic outlook is generally positive at drag on global growth, at least at this point is likely to be somewhat limited. So for our investors. We are definitely telling them to stay. The course even though we think all filling in the near term. It certainly persists mills. Said things could worsen though if companies don't reinvest in themselves to keep unit costs low Rick health and bind as president and CEO of the American apparel and footwear association. He said the cost of consumer goods is already going up tariffs do not worth. And the president is using them shall we say as a weapon his weaponize a tool that was in his arsenal. And it's it's going to hurt. It's gonna hurt the American consumer big time. But some on Wall Street believed the strong incentives for China and the US to work out. A trade deal will end the impasse sooner. Rather than later. Steve Kastenbaum, New York. Twelve past Donald Trump junior urged to plead the fifth.
"jeff mills" Discussed on NewsRadio 1080 KRLD
"Earlier in the day was down seven hundred nineteen points, the S and P five hundred fell. Two point four percent. The NASDAQ lost three point four percent of its value. While the Treasury Secretary said negotiators were still meeting with Chinese officials to work on a trade deal limitation of a hike in retaliatory tariffs on sixty billion dollars worth of American exports sapped confidence on Wall Street, it always feels bad but the market moves in the wrong direction. This quickly Jeff mills as managing director at financial services. But I do think you have to keep it in perspective to a degree. You know, we ran pretty far three five since the beginning of the year. So the fact that you know, were maybe four or five percent from an all-time. I now I don't think is necessarily the end of the world. He agree that the cost of tariffs is passed on to American businesses and consumers, but he's still thinks the economic outlook is generally positive that drag on global growth, at least at this point is likely to be somewhat limited. So for our investors. We are definitely telling them to stay. The course even though we think all in the near term. It certainly persists mills said. Things could worsen though. If companies don't reinvest in themselves to keep unit costs low Rick health and bind as president and CEO of the American apparel and footwear association. He said the cost of consumer goods is already going up tariffs do not work and the president is using them shall we say as a weapon? He's weaponize a tool that was in his arsenal. And it's it's going to hurt. It's gonna hurt the American consumer big time. But some on Wall Street believed the strong incentives for China and the US to work out. A trade deal will end the impasse sooner. Rather than later. Steve Kastenbaum, New York. Twelve past Donald Trump junior urged to plead the fifth.
"jeff mills" Discussed on KLBJ 590AM
"Dow Jones industrial average was down six hundred seventeen points or two point four percent. It could have been worse earlier in the day was down seven hundred nineteen points, the S and P five hundred fell. Two point four percent. The NASDAQ lost three point four percent of its value. While the Treasury Secretary said negotiators were still meeting with Chinese officials to work on a trade deal limitation of a hike in retaliatory tariffs on sixty billion dollars worth of American exports sapped confidence on Wall Street. It always feels bad when the market moves in the wrong direction. This quickly Jeff mills managing director at PNC financial services. But I do think you have to keep it in perspective to a degree. You know, we we ran pretty far prefabs since the beginning of the year. So the fact that you know, were maybe four or five percent from an all-time high. Now, I don't think is necessarily the end of the world. He agreed that the cost of tariffs is passed onto American businesses and consumers, but he still thinks the economic outlook is generally positive that drag on global growth, at least at this point is likely to be somewhat limited. So for our investors. We are definitely telling them to stay. The course even though we think all village in the near term. It certainly persists mills. Said things could worsen though if companies don't reinvest in themselves to keep unit costs low Rick health and bind as president and CEO of the American apparel and footwear association. He said the cost of consumer goods is already going up tariffs do not work and the president is using them shall we say as a weapon he's weaponized a tool that was in his arsenal. And it's it's going to hurt. It's going to hurt the American consumer big time. But some on Wall Street believed the strong incentives for China and the US to work out. A trade deal will end the impasse sooner. Rather than later. Steve Kastenbaum, New York. Twelve past Donald Trump junior urged.
"jeff mills" Discussed on Back To Back
"I mean, so on your side of it from the journalistic side, how how do you thread that needle of shining the light on either the originators or the p the roots of it or the people who aren't getting the shine that maybe they should be versus the popular stuff versus you know, what people I just have this hunger to consume. Yeah. I mean, I think it just comes down to respect. I guess I mean, it's been kind of a theme of what we've been talking about this whole time of like if you like if I go to a kid who like thinks techno people are all snobs. And I'm like, hey, like, I appreciate like what you like. And like I'd love to learn about it. And learn about why you are such a fan of it. I hope that that person would feel the same way about the other end. You know, they'll go and be like all right like fine. Like, I've never really understood techno. But at least I'll like try it out. And like learn about who Jeff mills is. Learn about who liked the Belleville three are like really like figure out like is is important to me. And you know, if it's not like cool. Whatever. That's fine. Because there's also that element of like those like there are people who like it's always going to be a little underground fine. It's not for everyone, which is kind of the cool part about it. You feel like you're part of something really special. Yeah. And I think that's just kind of at least it's worked for me bus far just kind of approach things that way like even Besic that. I don't listen to in my personal spare time, I, you know, talked to a lot of artists that make that kind of music and respect where they come from. How far how far they've had to trudge along to get there. So when I I guess I I agree with that. And I think that's a healthy attitude. Yeah. I guess the the point I keep thinking about it bothers me even doing this podcast. Like, I've had trouble not making this the white dude's talking show. Yeah. Yeah. Yeah. Yeah. And it's both in terms of race ended terms of gender. I feel like there are that's a strong issue in dance music, probably all of music, but I feel like specifically dance music has kind of bad. Yeah. Even before when you were talking about that you felt like you're the anomaly in the room, and it's like a young woman in this group of older dudes is that something you've experienced in your own career as far as has it been have something's been harder. If people not taking you seriously. Yeah. I think I've definitely experienced my fair share of it. I'm thankful that. It hasn't been obviously hasn't affected me in a terribly negative way. Because I feel like I've gotten to where I wanna be actually thanks to the support of a lot of older guys seen the value of being like, all right? Like, I would like to bring this person in because I value like I know that they're younger, but also are willing to learn and can bring a lot of things to the table. And I. Will never never not. Appreciate that. But yeah, I mean, there's happens to all women. It's like you'll be the only one in the room, and like a guy will come around and shake. Everybody's hand except for yours. And you're like, it's fine. I work here this conference that you are attending. But it's fine. And they find out later, and they're like, oh my God. I'm so sorry didn't say Hello. And I'm like, really? Yeah. But I think it just comes down to like this conversation that we've had over the past year about, you know, paying attention to women in music has been really important. I think it definitely got to the point where I think a lot of women were like, I'm tired of talking about this, which is also really important to acknowledge respect. And, you know, don't don't like single out be like cheese, my favorite female DJ on your like, why are they not just your favorite DJ? They can be just a regular j too..
"jeff mills" Discussed on KGO 810
"Senate actions strike over. I'm John trout who Senate will push forward with two bills to end the government shutdown. Neither of these proposals is expected to pass they both would need sixty votes in order to do. So so while this is a small development. It does not signal that we are any closer to ending the shutdown Abby Philip one Bill features President Trump's demand for border wall funding, the second a measure to reopen the government through February eighth Senate rules require at least sixty votes b l a teachers strike is over teacher's union. President Alice Caputo Pearl says educators one more than just a pay increase keeping benefits intact. He says three hundred nurses, eighty librarians or more counselors are being hired and they've won a provision to begin in twenty eight schools a more trusting emerging environment. They will stop using the practice of the so-called random searches which have been criticized for contributing to racial profiling, interrupting instructional time breaking trust between teachers and students in place will. Anti-gang and other safety programs the teacher's union. Also want to capture the growth of charter schools in a captain class sizes. Jim Roope, Los Angeles. Dow takes a dive on Wall Street at the end of trading. The Dow Jones industrial average was down almost three hundred and two points. A lowered projection for global growth from the International Monetary Fund was enough to give investors reason to be concerned. China's GDP rate for twenty eighteen with six point six percent. Its lowest pace in almost three decades. Jeff Mills's co chief investment strategist at PNC financial services. Anything that's going to have a negative impact on global growth is going to be a problem for S and P five hundred earnings not. So great housing report didn't help matters. According to the national association of realtors existing home sales fell ten point three percent for the year. Steve kastenbaum. New york. Mariano Rivera has been elected to the baseball hall of fame. Rivera is baseball's first unanimous hall.
"jeff mills" Discussed on KDWN 720AM
"Senate action strike over. I'm John trout. Senate will push forward with two bills to end the government shutdown. Neither of these proposals is expected to pass they both would need sixty votes in order to do. So so while this is a small development. It does not signal that we are any closer to ending the shutdown Abby Philip one Bill features President Trump's demand for border wall funding, the second a measure to reopen the government through February eighth Senate rules require at least sixty votes b l a teachers strike is over teacher's union. President Alice Caputo Pearl says educators one more than just a pay increase keeping benefits intact. He says three hundred nurses, eighty librarians more counselors are being hired and they've won a provision to begin twentieth. Schools. A more trusting and nurturing environment will stop using the practice of the so-called random searches which have been criticized for contributing to racial profiling for interrupting instructional time breaking trust between teachers and students in place will be anti-gang and other. Other safety programs the teacher's union. Also want to capture the growth of charter schools and a cap class sizes. Jim Roope, Los Angeles. Dow takes a dive on Wall Street at the end of trading. The Dow Jones industrial average was down almost three hundred and two points. A lowered projection for global growth from the International Monetary Fund was enough to give investors reason to be concerned. China's GDP rate for twenty eighteen was six point six percent. Its lowest pace in almost three decades. Jeff mills is co chief investment strategist at PNC financial services. Anything that's going to have negative impact on global growth is going to be a problem for S and P five hundred earnings not. So great housing report didn't help matters. According to the national association of realtors existing home sales fell ten point three percent for the year. Steve kastenbaum. New york. Mariana Rivera has been elected to the baseball hall of fame. Rivera is baseball's first unanimous hall of fame selection,.
"jeff mills" Discussed on talkRADIO
"Coleman. But it's come out beside mouth. He said if the prime minister com deliver Brexit, she must move over and give us an election. He's quite clear now on what he wants. Well, yes, he as unfortunately, again, I just feel is scoring party political points. That's my fair on that. Because. You know, whether you like you don't like it. I really felt sorry for Theresa May. And the reason why is because she didn't put the vote. She didn't do anything like that. Yeah. It was David Cameron was she voted to remain. Yeah. And David David Cameron's. My biggest problem with David Cameron was that he said, you know, whatever the vote will be we will stick to mall. See see through. Yep. Any lingerie, and he left what he just said down right now, I'm going off. And you think now Theresa May. And I just think she's stuck machine at rock and a hard place because she just you know, she's been putting that no one blames if it taking the top job because if we all get off at the top job, take, you don't we? And that's that's the way the world will days. I just think this is again scoring party. I just don't think you know. It's all right saying, well, you know, making go and now step in and will deliver Brexit. We deliver Brexit in in a good way for the UK because you are not changing their stunts, and they will not change won't. So it's all about being compromised. So for me, surely Theresa May is going in that trying to get the best deal for getting the best the uncompromising same time. So how Jeremy Corbyn thinks he can do a better job or anybody from any police capacity can think they can go in and do better job by standing up to Europe. Don't think Theresa May and people before a child to stand up to your. And they're just they're just there in the power. Most people are think would think it's a matter of national importance. It's very very important y con everyone worked together for a good outcome for the UK that isn't gonna have to take a break in it. And then we'll come back to it is that right? Yeah. Another point. And we'll tell you after the break. Yeah. On Jeremy Kobe because like I say, I don't like the way he's he's sort of gone on that and the Brexit and so on threes. He's a may do like something he has said in the times, which I think could change votes. Okay. And I'm going to stick up for the prime minister after the rather despicable treatment in Salzburg, and that's speech, of course, fairly unprecedented speech. She made a Downing Street just a couple of days ago on Friday talk radio early Sunday. Morning penny Smith with the weekend breakfast show. Coming up at seventy Jeff mills, I'm Russ Williams. Looking through the papers for the next forty minutes who at six nine. The.
"jeff mills" Discussed on KQED Radio
"Clearly. Going to, be a while before we know what fate in the, markets have in store for tesla and its CEO Elon Musk the SEC. Is investigating Musk's tweet about taking the company private and funding being secured at four hundred and twenty dollars a share the company's board is. Investigating Wall Street analysts who job it. Is to figure out what tesla is really worth. Are weighing in as well j. p. Morgan Chase said this morning it's not sure a deal to take the company private is ever going to happen and it lowered its target price on Tesla's stock from. Three hundred eight dollars a share almost exactly where close. Today to one hundred and, ninety five dollars, a pop marketplace Mariel garra has more now on target prices and analysts. In today's Wall Street economy you're an. Investor? You're trying to figure out whether to buy. Or sell a certain stock so you look at. Its target price really that's just a prediction by a stock analyst Karen Petrou is managing partner at federal financial analytics this is. Where I think, the? Stock is, going to be, day by the end of a quarter based on Everything I know now everything I see a head if, an analyst thinks a stock will hit one hundred bucks but right now. It's sitting at fifty that's a cute to buy analysts predict how high or low stock is gonna go by doing some good old fashioned. Number crunching Sally I'm over at Cornell. Says they start with the basics like pouring over. A company's financial statements what's kind of cash flows the company is generating what kind of business strategy has if the market share is stable if it's growing analysts also consider the health of the industry and. Macroeconomic factors like interest rates and then they have conversations. With investors tooth is there, is no exact, formula Jeff mills is an investment strategist at PNC not every analyst is. Going to come to the same conclusion. About? A particular stock and that's why some people. Buy shares and some people sell shares of the. Same security says price targets can move markets especially if they come from an analyst with a good track record Maryelle Zegarra for marketplace.
"jeff mills" Discussed on WXYT CBS Sports Radio 1270
"It was great at a lot of success but when you, look at at at really our current trend it felt, like it was time to do something different and and when you're looking at at wide make these changes now is because we still feel like. This season is is something we can salvage we still believe in the team we have and we want to see if we can give it a chance and you're not doing this simply just to jump start your club but felt, like on the current treadmill we were on we just weren't getting to where we need to go Oh what was there something specific that. Happened in in maybe the twenty four hours leading up to Mike's dismissal that led to that being the right time no no I think also watchmen speculated this was more of a really an aggregate look at at what we've done, over the last couple of years and just felt like Here we have. This moment in in baseball where where we have the all star break and. I did not, want, to wait 'til, 'til, yesterday, and then try to get people as are scrambling to take a couple of day vacation were versus your Saturday night felt like it was right for? Us, because. We could do it after the game the interesting part was we had two different rain delays sort of academic thing but you know alternately I felt like if If we wait it or didn't take this window to do it that I didn't know when the best time. Would be what he didn't point out was that when they hire them Athenee. They pass on, Terry, Francona they said what When I. Was in college one of the, primary things I did with my time. On the weekends and late at night when I wasn't going out. Was play, hoops law, playing pickup basketball when I was at Mizzou. I wasn't half bad more. My closest friends in the world Jeff mills lives down in in Dallas now we used to play so much pickup. Basketball against each other we got I think three fights maybe like three, physical altercations over I pick too aggressively ones I fouled him actually sort of pulled over the neck in terms of the crowns because killing me people get mad my point is people get crazy when the a little. Little intense, basketball One of the bizarre story. The last few days was, where a dude Paul the. Cops being fouled too hard in, a pig Basma game my buddy Jeff. And kind of relate it all took place at LA fitness in. Sterling Virginia, at the, guy claimed that the guy set a screen. On it was too hard. And this is the conversation was captured between bystander and he police officer discussing the incident have you, ever been called. For basketball foul before this is the first time that's my first basketball Basketball now for that now And it called you. For a foul man My. God jail was called the cops on me once for for only was the foul Own that fool They said what really hope he's listening. To the show, he does, titans. Defensive, lineman draw Casey had some interesting things to say when appearing on CNN on Wednesday in response to the NFL's new, national anthem policy Casey had, this to say as, we all know definitely not happy thing. Around, our lock well I would say above around the NFL guys is definitely happy about it is Phil is. Not not right I don't think you know it was a good decision for the NFL come up, with that ruling but they have their reasonings on. What they done I'm gonna take. A fine? Share why not I'm gonna protest during the flag that's saying now I'm, taking my fire so it is. What it is I'm gonna have to stop And if, they wanna have these battles between players in organization. Is going to be just because. It's not? Necessarily about the anthem that's where everybody's messing up it's not about the, anthem we just using that time. To use it for platform When we come from injustice in America the. Way that the Justice system treats minorities is the issue that we have, in until they can understand that organization you know for ninety four. Ninety five percent of. Your team to be minorities you can't understand what. We.
"jeff mills" Discussed on Xtra Sports Radio 1300 AM
"Were undefeated in gold now i on sixty four come on bills stop no no no and iro bagdhis in all caps that good 'cause that was that good and i just noticed that my guy jeff mills good buddy of mine newman college that freshman year we used to play jeff underscore mills one gene just tweeted as much as i hated dude was unstoppable what can i say van gold nice skills also this clue ward we can bet a dollar ten thousand dollars for sure does your children whatever and we can play golmud because while we can just report back to the people i will crush you in that game if you guys bills on climate has to be like oh goldeneye off i was very good at it judging you all i look i'm not going to a lot of stuff i'll be the first to admit i can't dance i am terrible at math i have a brutal memory some two there's a lot of a lot of a lot more false and skills and i wish the skill that i had could have made me some money but in portugal and that was my skill by shouts my brother who i crushed every time i played him who's listen the show and shot him i'm on my mom and dad or new york by the way guys first time business moved here james ward your new yorker clue given there for a while what what's the move for for for jenny dave mom and dad rider with the kid dump and by the way my parents are huge like they're young they're they're basically college students as parents so i might them like to party in the city i'm tool for that stuff hm they've never been in new york before ever they've done new york they haven't done a long time and they haven't like it's been awhile minute been in new york by moslem jersey ram option here basically but they've never know the kids like maybe like a statue 'liberty looking of turestski is more stuff is fun give him some real pizza yeah real pizza isotoner knows maybe down and coney island my god fiancee's brother came to visit the city and i took him.
"jeff mills" Discussed on KMOX News Radio 1120
"Hey on news of the sovereign bottom of our mornings and afternoons kmox how come back into the show the hill with yet odd that the program thanks saying it out um i'm on twitter tried r e t e r and a little be broken on twitter ours are a show i remember how this came up here on cbs sports radio that i i mentioned i'm just dominate look i'm not going to a lot of things we all have you know certain skill said certain gifts goldeneye that james bond game the play the one on one or one on one on one you could go to four players was mind i auditor start at the game and i include goes i never lost includes a lawyer you're a liar is a clear doesn't believe you look certain other they could stir whatever was in on twitter uh w ryan banned goodell at t v tor tweeted at sports writer stop lyon be you weren't undefeated in gold nah i on sixty four come on bells stop no no no and i ira bagdhis in all caps that good 'cause i was that good and i just noticed uh that uh my guy jeff mills good buddy of mine newman college that fresh wearies play just under gore mills one just tweeted as much as i hated dude was unstoppable what can i say van gold nice skills also this clue ward we can bat a dollar ten thousand dollars for your children whatever and we can play golden you guys wom we can just report back to the people i will crush you in that game if you guys bills on client let's be like oh goldeneye off i was very good at it allergy all i look i'm not go to the lot of stuff i'll the first to admit i can't dance i am terrible at math.