19 Burst results for "John Chang"
"john chang" Discussed on Bloomberg Radio New York
"But look at the screen there I mean you can see the two year yield completely on the day And if you go down the yield curve there I mean these moves are tiny less than two basis points across the curve just a pretty boring day It's interesting though to see that two year yield completely unchanged That's where your FedEx expectations are priced Maybe we finally reached an equilibrium Probably not though Well how do we make sense of all right There's a story on the Bloomberg buyer John Chang talks about city team downgrading U.S. stocks of recession risk And joining the likes of BlackRock and Morgan Stanley who are all worried And then you had stock buns seeing the biggest inflows in ten weeks dip buyers return We know that cash led the inflows overall but none of those 20 billion in global stocks ended in the weekend May 25th So how do you yeah and I mean look I mean for every strategist no doubt that says okay we need to still get a bottom There are just as many strategist notes to say you know buy into this dip and that we could be moving higher I think the end of result Carol frankly is not a lot of people know This is kind of one of those things But there's money flowing Like that to me I love to see the flows right That's actual buying Yeah there's flowing and how much of that money is also still kind of sitting on the proverbial sidelines as well I don't know I mean I guess it's whose money is flowing is maybe the question Yeah is it retail Is it institutional That's a key question I think it's interesting that some of the correlations were used to have broken down I mean Tim you said it again and again the crypto trade the fact that that's still trading lower There hasn't been a buying there that's finally moving in its own idiosyncratic way because we're worried more about some of the peculiarities to do with Ethereum upgrades and the like But is there a fork coming There's a merge I believe is the term It keeps getting delicious upgrading or whatever whichever way he's going to delayed and this is like why there's not much Wisconsin sentiment there but overall we will see it'd be interesting to see how the retail investors currently seeing this chopping up I did ask Michael sunshine over at grayscale about that And he said that it's too early for us to make any conclusions about any sort of decoupling from risk assets when it comes to crypto It's only been a couple of days Well I mean it has only been a couple days but to see the NASDAQ 100 finish so strongly up on the week Bitcoin get no love at all I don't know it's just interesting to see that correlation really come apart this week All right we get jobs next week We're going to hear from some fed speakers Remember Jay Powell is also about rightsizing growth right now So we have to think about what really growth should be in this environment And that's what we're trying to figure out All right the helicopters here we've got to run and have a great holiday Can you tasting wine now Is it that sort of thing No You guys were talking We didn't actually get bottles in person Like you guys did You get to work on that with the producers We are talking beer We have a beer guest coming up We are talking we're talking beer movies Beer is just bad soda Have fun Have a good safe weekend everybody Happy holidays and we will see you on Tuesday You're listening to Bloomberg business week with Carol massar and Bloomberg quick takes Tim Steven on Bloomberg radio Very tucked here in blockbusters Yeah I'm ready I'm ready too Are you gonna go see Top Gun Did I already ask you Yeah you did Did I ask you on air Thank you for listening to me Can I ask you on air No Everybody who's listening or watching us on YouTube to Tim asked me on here just like you know I don't even remember We do spend a lot of time together I sometimes run out of questions for you Carol Wow That hurts that hurts No I think I'm gonna wait until it comes out I'm gonna write with that Oh that's right yeah Now that it's warmer I just kinda wanna be outside Okay we're gonna yeah I do too but I mean Top Gun I've been waiting years for this Really Yeah it's gonna be in theaters for a while though Sounds of the limbs have you watched I have not seen it Independence Day Yes I've seen that What's the other one What's the other one he did Oh good fellas Yeah It's her face Oh my God I gotta watch it this weekend All right let's get to.
Laguna Woods Shooter Was a China Communists Sympathizer
"Details on the California church shooting Sunday have now come up. Turns out it's a chai calm sympathizer. That's right. A fan of the Chinese Communist Party went and shot up the Geneva Presbyterian Church in laguna Woods. He also brought explosives. It could have been far worse than the one dead and 5 wounded. Doctor John Chang, a physician, is a hero. He ran at him, it took a bullet, doctor Cheng died, but sufficiently disturbed the killer that the other parishioners, including the pastor, were able to hit him with chairs, knock him down, tie him up, take his two guns and not allow him to shut off the explosives.
"john chang" Discussed on WTOP
"And Taiwan He says the pastor Doctor John Chang was killed after confronting the gunman by hitting him on the head with a chair without the actions of doctor Chang It is no doubt that there have been numerous additional victims in this crime A former neighbor tells the AP the suspect's life unraveled after he was nearly beaten to death several years ago and his mental ability seemed to diminish in recent months I'm Ed Donahue It's ten 35 Sweden will join Finland in seeking NATO membership following the Russian invasion of Ukraine Those two countries had been neutral for more than 200 years It's a historic shift Matt Stein glass with The Economist joined WTO P on Skype earlier to talk about how the shock of Russia's attack changed public opinion Up until just recently the Finns still largely opposed joining NATO most Finns were against the idea didn't see the need for it All of that changed of course of invasion of Ukraine Finnish public opinion shifted incredibly rapidly As of January only 30% or so of Finns were in favor of joining NATO and that quickly shot up to a huge majority of fans who wanted to join That changed the politics of the situation basically all finished parties with a few exceptions on the left are now in favor of joining NATO and gradually the Swedes came along as well and realized that it was in their interest to Russian president Vladimir Putin says while Moscow does not have a problem with Sweden or Finland the expansion of military infrastructure in the countries would give rise to his country's reaction The White House is putting more boots on the ground in Somalia to counter the Islamic extremist rebel group Al shabaab U.S. troops will be repositioned from elsewhere in Africa to train and provide other support to Somali forces in their fight against Al shabaab which is considered the largest and wealthiest affiliate of the Al-Qaeda extremist organization This is a repositioning of forces that are already in theater who have traveled in and out of Somalia now on an episodic basis since January of 2021 Pentagon spokesman John Kirby We've got traffic and weather straight ahead here on WTO Then an update on some of your neighbors that are still waiting for the air conditioning the lights to come back on after the strong storms earlier Stay with us here on WTO P your weather alerts station Are you interested in beginning or expanding on a career in the pipe fitting pipe welding or HVC service industry Are you interested in an opportunity to work full-time and learn.
"john chang" Discussed on KOMO
"Here anymore Authorities are looking into how long the suspect Peyton gender may have planned the attack A separate documents that we've seen in the investigators have seen laid out the entire attack from the route that he would take to his alleged plan to continue the rampage in other stores here in Buffalo ABC's Aaron katersky in Buffalo The FBI has joined the investigation into a deadly shooting at a Southern California church Investigators say the 68 year old gunman who is from Taiwan and has a hatred for the Taiwanese people went to the church intending to kill chaining the doors and putting super glue and locks so nobody could get in or out 52 year old Doctor John Chang was in the room he charged at the shooter and was shot and killed before others disarmed him and hogtied him Orange County DA Todd spitzer I will tell you that evil was in that church yesterday They held the shooter until police arrived among those shot the oldest was 92 years old Alex stone ABC News Stocks closed mixed today You're listening to ABC News Stay connected Stay informed with the northwest's only all news station northwest news radio Good evening 6 O two downtown Seattle temperature 61° under partly sunny skies I'm ELISA jaffe with Rick van seiss and here's what's happening Microsoft is setting aside big bucks to hang on to employees in a competitive high-tech market John libertini tells us the cost of living is a factor too Microsoft is doubling its salary budget and bumping its stock compensation by as much as 25% There are competing for a similar pool of very highly skilled employees John Logan is a labor expert The company is themselves have done very well during the pandemic So they have expanded rapidly and their profits shot up In February crosstown rival Amazon doubled its maximum base pay to high-tech workers from 160 to $350,000 remote work may be part of the problem Not being there probably loosens the ties to the company and makes them more inclined to think about working elsewhere Software engineers are in high demand So it's not insignificant Not insignificant neither is their cost of living John libertini northwest news radio The latest count of homeless people in one of our areas larger counties finds fewer families with children living on the street Ryan Harris.
1 killed, 5 injured in Southern California church shooting
"At at at Donahue Donahue Donahue authorities authorities authorities in in in southern southern southern California California California believe believe believe the the the gunman gunman gunman in in in a a a deadly deadly deadly attack attack attack at at at a a a church church church was was was motivated motivated motivated by by by hate hate hate Orange Orange Orange County County County sheriff sheriff sheriff don don don Barnes Barnes Barnes says says says the the the suspect suspect suspect is is is a a a Chinese Chinese Chinese immigrant immigrant immigrant and and and drove drove drove to to to the the the church church church where where where he he he is is is not not not a a a regular regular regular attendee attendee attendee secured secured secured the the the doors doors doors and and and started started started shooting shooting shooting it it it is is is believed believed believed the the the suspect suspect suspect involved involved involved was was was upset upset upset about about about political political political tensions tensions tensions between between between China China China and and and Taiwan Taiwan Taiwan he he he says says says the the the pastor pastor pastor Dr Dr Dr John John John Chang Chang Chang was was was killed killed killed after after after confronting confronting confronting the the the gunman gunman gunman by by by hitting hitting hitting him him him on on on the the the head head head with with with a a a chair chair chair without without without the the the actions actions actions of of of Dr Dr Dr Chang Chang Chang it it it
"john chang" Discussed on Talking Tesla
"Beta nine and the entire tesla vision system. Thanks and enjoy over the last couple of months Andre carpathia who's the senior director of artificial intelligence has been on a podcast and on a number of conferences including a computer vision conference. And he's been talking about tesla's approach autonomy Surface information that is pretty interesting for for those that have fallen tesla. Those folks that have fasd in autopilot and Even address some of the limitations. I guess of Of tesla's autopilot system so has been working at the company for a little over four years and he has been working on increasingly adding vision to Automated driving including most recently removing radar and other sensor data from the the autopilot stack in some ways so In in the first podcast clip doesn't play for you He was on the robot brain. Podcast lincoln description just telling us a little bit about what he's done a why this matters for tesla in white matters in their in their vision. I'm curious if you look at the tesla mission statement. It's about transition to renewable energy right which i site doesn't seem directly tie into self-driving being can heart of wanting to transition to renewable energy. So can you say a bit about how self driving and renewable energy play together. Yeah i think it's a good question. I think broadly along surpassed a number of companies in a number of bets around just a higher level goal of making the future good increase the probability of the future being good. There's many aspects of to that of course and he's focused at tesla mission around accelerating the transition sustainable energy fundamentally a large. He some this is getting people to transition to electric vehicles and we need to manufacture them at scale and we want them to look like the future and so the entire product itself Surf looks like the future. It's a very clean design and you want to be inspired by progress in society and the things are moving in a positive direction and so the car looks much more futuristic and i think a big part of that also is that the car becomes you know it just becomes something magical in your life that can take your around in this beautiful future. And so i think autonomy really is part of just in broad revision to to this future that we want to be part of aware we are driving electric vehicles with little footprint and the society is sort of automate to large extent. And there's a huge amount problems of course also around transportation and putting people in the loop with the amount of accidents that they get into and also with the fact that you don't want people to be really driving these cars because human brain is capable of so many beautiful things have so. Why should you sell the line following problem. That is not a good use of the brain. So not only. Is it unsafe to drive scars. It's also just you want the brings to be doing something different and so we have the technology to trust this. So that's why working on so he adds a even more finer points. This whole thing by In this conference which was i think. Cv pr computer vision and pattern recognition. Conference that was about a week ago and let me just up. Play a little bit for your star was some slides on like why. We're doing all this and i think. Unfortunately we're kind of like in a bad shape when thompson transportation is society and basically the issue is that we have these metallic objects traveling incredibly quickly And with very high kinetic energy and we are putting meat into controlled In a into system and is quite undesirable and really fundamentally what comes down to is. People are not very good at driving. Get into a lot of trouble and accidents are they don't want to drive And also in terms of economics we are involving people in transportation and of course we like autumn transportation and relieved the benefits of that society So a just so you know that he had a picture of a car and a brain there and that's what he is calling this this meat computer. And that's us. While i think andrea is definitely into the The automation and making sure every making trying to get to this point where all cars are automated all the time. It's also fun to drive for sure right And and i agree with that. I definitely believe in that but he obviously feels In these working towards fully automating cars but definitely sees the issues there. There's over two point. Seven million accidents every single year in the united states. Thousands and thousands of people injured thirty. Six thousand last year died in car accident. So there's definitely room for for both but maybe the car could make you a lot safer and they're working towards that right in the next couple of weeks. We'll probably will see a an update. Nfs tea or maybe not Maybe a couple of weeks after that. But you know this is some of the things that andrea talking about. So one of the fallacies i or not fallacies but one of the things. I think that tussles has been have been dealing with in terms of autopilot. Crashes is this sort of sudden acceleration that we've heard about longtime followers like back in june of two thousand twenty two thousand sixteen a model excellent across into a nail salon and accidentally they said accelerated on. Its own in twenty seventeen if you remember. There was a a korean pop. celebrity name. is john chang son who drove his car into his house in fact over since twenty twelve. Nhtsa has received about two hundred forty six complaints on unintended acceleration. Obviously a claim that tesla's largely denied And usually showing logs of from the from the car showing you know jesus. The axe accelerator was preston. In this case or the driver did this in this case and as a note also of those two hundred and forty. Five complaints have been closed as of january in this year. And we've talked about other ones on other on today's but at least in this case these all have been closed. Two hundred forty six implants have all been closed as of january so tesla trying to wipe their hands fully of this issue by actually trying to address trying to address it head on. These are examples from pedal misapplication mitigation. Gm you're a person is embarking from driving up and the are trying to turn and then they miss out in the floor it so the floor right there and the system kicks in its east pedestrians Slams on the brakes and verts would be very gnarly situation in this case. I'm going to stop it right there. 'cause gnarly situation is not the not the half of it. I see one two three four five people in this video within probably ten feet. Maybe less of the car and with the crazy acceleration that these vehicles have all vehicles have that would have been more than just narrowly in this particular cases would have prevented serious injury or death. There's there's there's very little there's very little doubt on the injury part for sure. They're extremely close to the car. So eleven continue on years another law scenario. I can show briefly soon as percents traffic park and they turned to the right here and intends to press the.
"john chang" Discussed on 77WABC Radio
"John Chang Chang's with the stock hello the reports from the Himalayas the China India border are very hard to believe until you look at the history of the dispute between these two extremely large and very well nations and you come to the reporting that there were no guns there was no gunfire in this battle leaving many dead and wounded well a very good evening to you some weeks ago Gordon and I started reporting and some of it was with your help and we thank you very much of the deployment of thousands a large number of Chinese US soldiers act India frontier and let doc there was also a corresponding deployment by the Indian Army because I believe there's an airfield it's very close to the border and none of that is suggested at the time that it was going to come to a contest you tell me that this contest was entirely on the basis of non firearms how did they find and what is the dispute in this for bidding territory of subzero temperatures and high altitude sickness good evening to good evening yeah just a bit of background first of all to be cleared this is it in a global context the same thing that China did with Garber soul and many other places around the world where it is trying to grab somebody else's territory so it's not it it needs to be seen it happened in India China story this is the China story and what happened was in April there was clearly a build up of of Chinese troops on the Chinese side of the line of actual control and the borders it was patrolled actually bye bye by the border force the Indian border force which is under the home ministry not the defense ministry and when the military the Indian military went to the home ministry inside what are all these Chinese doing we've got to start sending them some of the military up there the home office that don't worry we've been assured by the Russians that the Chinese are just doing exercises on their side of the border so what happened early may what if you had thousands of Chinese troops on their side of the border I'm just a few hundred on the Indian side of the border and the Chinese troops just pushed right across and about seventy Indians ended up in a hospital from that kind of forceful push and and the and the Chinese troops took up short positions in Indian Territory started building up hi another kind of infrastructure there was an agreement in early June to de escalate and the Chinese were supposed to pull back and as inevitably happens of course they didn't so I the Indian military who's obviously involved by this point went to one of these positions this is where the conflict took place and it's also basically the site of the sixty two India China war to dismantled these are buildings that China said it was going to dismantle as part of a de escalation I'm a Chinese forces came out the Indians and and seemingly targeted the commanding officer our colonel Bob and and he got pushed off a cliff put down the side of it down the side of the mountain interview along with two others and the Indian troops were rightfully completely incensed by what happened and and started fighting back and then you had the four hour long flight they had agreed long ago not to carry firearms on the border both sides so the fight was with what the Chinese had which were metal baton studded metal batons mostly and on the Indian side was mostly kind wooden clubs and they both used rocket there reports of knives but I'm not sure and it was extremely brutal hand to hand combat in very difficult cold conditions and it ended up with it with the numbers seemingly being twenty Indians lost at minimum and around sixty Chinese law if the Chinese will not admit the number and this is the difference between a democracy in an authoritarian regime the Indians are naming everyone who died each of those soldiers is being remembered and honored in their home villages on the Chinese won't even acknowledge that their men died according cleo how could the Indian official phone are you this is why this is kind of a really important incident because it and it brings Russia into the mix they relied on their old friends you know the old Soviet era friendship with the Russians to to give them what they thought was accurate information now the Russians are saying you know don't worry about it you know it was just an error on our fault the Chinese like us also how could we have known but I you know hopefully this will be a real wake up call for those one man to system the nonaligned industry your community that Russia and China are the same thing now you cannot trust Russia so this this event not only shows that China's is willing to grab strategic territory in what seems like a kind of insane way but they've been getting away with it everywhere else so why would they why did why would they think they would get away with it in India I'm not it has the backing of Russia which makes it an extremely complex strategic environment cleo this is a hundred year old dispute I read the history so let's come up to date on the twenty first century China is struggling now with the economy with the virus especially break in Beijing is unknown the aggression these last weeks is not just in the Himalayan border it's been Hong Kong has been the South China Sea it's been the weaker continuing it's been threats against the United States does this suit Beijing that they have this clubbing fight in the Himalayas does it suit she so they I think they thought that the Indians wouldn't fight back you know this is a mistake you know that the mistake that India made in sixty two ways that it didn't think that China would fight and the mistake trying to making is to think that India won't fight I can tell you have been you know speaking to colleagues in India and they are yes they're completely incensed and there and it go and the anger goes back to sixty two so you know there this is not going to go away they just announced the Indian government just announced that the they're going to pull Chinese a quick meant out as part of their telecom sector they had another case on on basically the same day a Chinese construction company won a very large contract infrastructure contract in Delhi and there and the rumors are the way that they won that bid was by intercepting three there the telecom systems that help put in what all the other kids were and so they put in a bid just slightly lower than the Indian companies so now they're talking about ripping the the Chinese telecom equipment out of their interests are to their sector and and I think it would be very difficult now for that Chinese company go ahead with that bit so the Indians are going to push back in a way that I think Beijing hadn't expected they they they did Chinese Chinese playbook the sixty two war they beat the Cuban Missile Crisis started on October sixteenth sixty two on October twentieth the Chinese invaded India the Chinese have a habit of looking for a distraction it's not just the Chinese economy that's being dismantled also the the Indian economy is much much worse the way that it's been affected by by cold so they're using this distraction to try to gain what they can't and it has worked in other areas so why wouldn't they I think they thought why wouldn't work with India so good I think the answer is that she is taking advantage of everybody here in the time of the viruses that right do you have the ring of fire along China's periphery because it's not just the invasion of Indian soil it's also the boat bumping and the other incidents in the South China Sea and he's trying to say you have the increased tempo of dangerous intercepts of the U. S..
"john chang" Discussed on 860AM The Answer
"Of the week the one welcome back home both ago and John Chang welcome again thank you Keith in in our life when it is gone we were talking about your experience in getting people through the process and we also talked about how ten ninety nines are not yet eligible for the program eligible but banks aren't accepting them a question and this is back to the sole proprietor so what if you're a sole proprietor is there any program for you are also if your sole proprietor you are eligible back to you if you don't have a business banking relationship with this the bank I believe most of the banks are not accepting yet but they are banks now the banks are not they are what they would call them non traditional banks that SBA currently approved and the Yukon gold Google's website as well apply so yes easy if you go to the SP eight de old B. website and then there is something called under match so your views on your information they were trying to find the lines are not the main match yours this days I don't know how well it works because of the volume of the older traditional you know no more this is rush time if you've sent your information your information will be used to be a wrong deal and that if they look back at them and call you back thank you but the now I don't know if the bankers of looking at those information but that they are I don't want to name those people in the in the in the on the radio show they are alternative lenders yes you'll do yourself you'll be fine but there's seventeen mainly their call I think the information once they collect the information how fast they respond to you the obvious I know but you'll come game at five for those people that had ninety nine those are harder and all those people who do not have a banking account was and the bank yet so I also want to see if you'll have a small business it's beneficial for you all to open a banking account yeah even under the worst circumstances as the CPA adviser I would say a separate deal isn't as expansive open a business account it's always better for you no matter what so anyway that's some free tips for small businesses out there in your own okay so I'd need to spend a few minutes talking about because people probably heard what you these these loans are are free money or forgivable enemy you get into a little bit of that so once your loan has been approved and you've got your about that though using sampled a hundred thousand dollars and then from the time that you draw against that hundred thousand dollars a month you know you start funding then you have eight weeks to spend that money on qualified expenses the qualified expenses are your payroll folks on your payroll but that the second category is if you've got a mortgage on the interest that you can get that cover also your rent payments and utilities so those things are all eligible to be the for the money to be spent on however given that the volume is so high in the the regulations have changed so that you can get a hundred percent of your employee salaries and benefits that we talked about earlier but they limited all the other cat it non payroll related categories read interest and utilities to twenty five percent so and then the other benefit is even if you don't think you're going to spend all the amount that you're going that you apply for any amount that you have not spent an eight week period of time whatever's left over let's use the example of a hundred thousand you spent seventy thousand dollars you have thirty thousand left over you have a choice you can either return that money back to the lender or you can keep it and then use it for the next two years you have two years to pay it back in the interest rate is at one percent per annum so maybe it's a very low interest rate and it will help you if you've got cash flow issues so again don't be fearful that you will spend all the money that you're applying for okay they were very helpful for you John and con my question is what do we know of any bank check I don't know of any bank that they're accepting a loan application throughout the population should I I that's why I call people just Google it find it now alternative lenders maybe not in your local area but that might so they're at landers online lenders they're also accent yes I think that they may just get asked yeah yes approving your landers as we speaking so you know they're probably more how to make the rule so you just have to search it yourself thank you yeah that makes sense I mean I just yeah for the large banks which we come out of I I haven't heard of a bank at that thank you yeah it's good to know that if you Google it you can find perhaps alternative so I would I would try your city I would also try your small community banks it's a some of them may be willing to to help but again the big banks they're gonna want than some moment requiring more than just a depository relationship they're always going to want a credit relationship and like make America credit relationship you can count your business credit card with bank of America as a lending relationship so got it yes I am and another thing I heard that yes most of banks want to help their own clients so you have you will have that you know you'll have a little was a popular bang and if you're really challenged I'm paying that little you should talk to your lender so they may process you'll first because they don't want your goal to be the father was so you know those does a few tips about so that I would urge people your view aren't all the same really need access wait that's your response because I would rather the latter is helping those people really have to keep their door old first to give them all because it is where you want the Sasser not me you know you are but you know as we speak and then the other thing is a lot of businesses that rely focusing all the forgiveness of the loan which means by the drop top about eight weeks and you don't have to pay back I would say now I don't know yet how they're going to do that yeah and the SBA how hasn't given the bank any guidance well this yeah but the long term is only one percent interest interest rate ideal name for two years so it's a good a Monday so I love people who need it really shouldn't ask adults first and worry about the forgetfulness laid her because you have you are small business owner you'll want to have fifty employees but now you'll make sense you planted five all used to keep your door open for the last two years three years I'll say you'll somebody to keep your business running and even though we don't get the forgivable yes all day long because that's the survival of the business versus you have your own I think of all the forgivable you really don't have excel capital you Jackie your business to keep your door open for the next two to three year right additional comment on that is is that even if you and then talking sample if you cut your staff and happy with that by June thirtieth exception would be in terms of the goodness if you re hire those folks back by June thirtieth or at least all those positions that you let go then that would that help you in terms of the forgiveness speaks okay again I wouldn't worry about whether you can spend the money or not go get it as strong as indicated get it while you can because where else you gonna get a one percent interest rate loan right here's an event in your situation when you up for a load or laid off people you brought him back with the expectation will use the money towards back pay or no the notification are you going to be up to each individual that a business owner okay great yeah I know we don't have guidance all always accurate copulate the forgivable news yet they just said eight weeks off keeping them on their payroll also from tool I think of Fabry sixteens don't service so you know that's the peace but you're not only damaging to that and it's time because Neil regulations and it's it's a it's a very important to keep track of your expenditures so it that that way you can provide proof against tracking is very important is there any final thoughts on PPP are we covered it very well yeah do some search on your own and again was your CDS have all the information right because the banks are collecting information and the one they call you back you better have all the support for them as clear as possible so as you may need to call you're no expert will help you because if you'll show the supporting documents they may just not qualify you for a little one hundred John I think you very much for covering the SBA paycheck protection program don't go away because coming but I'm not saying that we're gonna talk about other programs that we're aware of for disaster relief the very questions or comments about the nation email info and everything I've been as you can find okay fine diner on Facebook Twitter or linkedin and again this is an important.
"john chang" Discussed on 860AM The Answer
"Program for peacekeeping reporter yes who is the former the CFO of the small business administration do you think and the deputy district director of the whole premise of the bay area and a and she knows a lot of financial consulting which we'll talk about more and I have John Chang who is also a former bank executive the former mayor of Piedmont California he also the whole thing and he's also been the CFO at a few nonprofits and other organizations welcome Kong and John I thank you thank you Keith the time when we go a little bit more into your background and why you're so passionate about the of the APP program sure so I spend about a little bit over ten years in the SBA and I was the former deputy CFO for the SBA and that during the last recession I wasn't easy T. mobile US yeah any people that actually the the several programs about a new program that helps small businesses about back in two thousand nine twenty eight so one this disaster you know the virus disaster happened the whole bit nineteen happened I am looking at all the regulations insights you know I'm better for me and there was all those and also in the past five years I was in the bay area as a deputy district director for the SBA and I work with a lot of lenders and the small business owners to make sure they get the finance they need to start and grow their businesses so during the nineteen time I know a lot of stress a lot people people called me I end up going on all the racers and a society on my old tool trying to help people especially the Chinese community to understand interpret what they supposed to do hi great thank you thank you for the information and John thank you Keith yes type my career has spanned so forty plus years having started out in public accounting about this CPA in California and spent most of my career.
"john chang" Discussed on Boston Herald Radio
"Hillary shiva. welcome to an all new animal house i'm hillary show your host stand today we are thrilled john chang joining us for a little bit nice to be here hillary because it's something to do with somerville be the expert on the stuff i did run it by you i didn't get soom ecorse this is about the middlesex register john almo and i wish i could do several animal houses on john mono i just feel like it's probably a rich tapestry of story that is involved with this man but bottom line is got video of him taking money from copy machines at accord house and you don't get better than that when it comes to a political scandal i mean taking money and it feels you know it's it's pretty low in general any time you see somebody stealing from either i think there was a change machine involved as well but you know xerox machine you feel like somebody is to to a certain level i feel what that's like stealing from you know those big jars that they have at counters and convenience stores because they're trying to raise money to send someone to school or the help with whatever the jimmy fund yeah just it's really alarming stuff because you know he was register of probate and it was a great job i think is salary was like thirty five thousand dollars a year something like that great benefits on enormous staff pension pension everything i mean the staff was endless winning their couple times say john doing always time to say hi yep so it was one of those jobs that i think you run for every six years and he's well enough known then he's going to would have been able to stay in the guys he wanted to phrase entire life he'd be able to stay there really he was set nobody pays attention to this job i get paid and there you go you're pretty much suck against this really campaigning until you get close to write you know everything you're not really though because you got so many people you've helped out and so many people that work in the office that you really don't need to it is incredible so vast sap to be here just in the beginning well we talk about early john no because you obviously grew up in somerville a lot was made actually of the fact that he failed i guess early school basically he was golden boy at one point was brought to the point of of checking vending machines for loose change the guy actually was supposed to be a rising political star he said oh yeah we don't question i think he was on the board of all the men in his mid to late twenties that and you just knew at some point he'd be mayor of somerville and you know he could grow from there he was very good public servant very smart guy seemed to have all those skills necessary and he continued on and then ran for mayor in nineteen eighty nine against my kappa wanna which was a hotly contested mayoral race and looking mean do remember in some sort of somerville boy abc campaign i don't remember that what are yours what were your thoughts on at the time i thought that he was someone that you know certainly could be a good mayor i honestly supported mike mike kaplon i've known mike longer and neum better and i thought that you know both of those guys i think might be slightly older than john normal apparently they were simple they were in the same i'll read into eleanor later but yes they were in the roughly the same age same age when they ran for mayor i believe they were probably thirty six thirty seven years old because it was nineteen eighty nine so right around that age so they were going to be like the next one because it had been gene brune had been mayor a decade and it's interesting because dream became registered deeds before normal became register probate and i don't think they were actually you know best friends either yeah In much of the coverage with what happened with UAE. Say.
"john chang" Discussed on Confessions of a Marketer
"Let's get to John Chang. I, I spoke with John Early this year about a survey that IBM Watson did on marketing John was knowledgeable insightful and passionate. And not just about marketing follow him on linked in or Twitter. And you'll see someone with broad interests in helping others figure things out when I saw him post a career planning template. I thought it would be fun to have him into chat about it, and see how he formulated it. This is the first part of our discussion. We talk about starting with your passions and figuring out two things you can be great at. So let's get to it. John chang. Welcome back to confessions of a marketer, great to have you here. Thank you for having just I just can't stop. This is so good. Yeah. We'll come back again. And again, and again, well, what prompted me to say. Hey, john. I'm wanna have you back on as you shared a five year career planning template, a while back, it was on linked in or somewhere like that. And I was intrigued by it, but I was also intrigued by what prompted you to do that. So why did you post that? So it actually started off with a bunch of conversations years ago, I needed to just think about what I wanted to be on a grew up SEIs started making a couple of templates, which are part of this guess, I'll call it the omnibus template, and I've had a couple of these things that use my own, and I have been sharing them with people lately, on primarily through these office hours that I do. So I do. Online office hours for anyone who wants crude vice marketing advice, yada, yada, yada in exchange for five dollars to the charity of choice. And a lot of these people have been feeling. I mean in, in rightfully so in this is what I want. So to measurement of success. I've been sailing a lot like dear Abby, and people will hop on for thirty mid online chat with me. And it's really easy. When you're the one giving advice because to identify themes in a lot of these themes are the things that addressing in this omnibus. So that's kind of what prompted I mean there's these things that use my own. Then I started seeing seems about people who would benefit from it in. Let's it's time to get organized. But this online. You seem to be nonstop. You seem to always be going appearing here and there and, and rarely is that part of personality kind of put together with someone who's idealistic you seem to be idealistic to thanks. It's intentional. I did this whole period whereas reading a bunch of productivity books and one kind of always been idealistic. I must went and got a social degree instead of a philosophy degree. Instead. I mean neither a really tomorrow night. But probably the productivity books they read did state that having an ideal in working towards that is actually really beneficial. So there's scientific studies show that it's beneficial for high performance activists one book called peak performance on that actually talks about this. So I wanted to lean into it, and I mean, it's I think it's a no brainer. But it is harder to do specially in the marketing room because our metrics, don't necessarily correlate positively with idealism, right? You check that out of the door when decide to take sometime try not to. So it's good to have this little bit of the discussion now because the first step is to start with your passions, which I guess are based on your ideals, I think so too kind of seems obvious, but many people ignore their passions or their ideals or what they love when they start their career. So why do you think it's? Important to start with your passions. Well, I think that it's important to pursue something where you're going to be able to give it everything and not really burn out. And then I didn't actually mean to just talk about this one book, I mean, there's a bunch of books and studies about this kind of stuff. But on that book, peak performance does talk about how burn out is more likely win. You're just giving it all to things that you like aren't passionate about you care about something, but not necessarily be passionate about it on also put it in this omnibus at the very beginning for a couple reasons. First of all this kind of stuff, it's not meant to be taken as is everyone's career path is very different. But I think that starting with passions is something that's been dragged through the mud and it's been said everywhere without proper context or without any next steps. So I wanted to contextual. Is it in a way that actually helped someone think, through, what are my passions in, how do they let her up to skill sets, and the very most extreme examples, one of? My friends is the dog matchmaker in your city, and she has, like a nominal life in career. She matches people to rescue dogs all I'm not like dogs dating that Senate really think. Now for for one hundred dollars, she will match you with a dog and arm. Everyone ever ever matched has been very happy. And she does like a dozen week. So you do the math. It's, it's highly lucrative. But so then, that's like one extreme and then on the very, very, very opposite side. I also wanted to address this, because pursuing your passions is also a luxury in it's also something that has reflective of having a stance in life because I think there's an inflection point in your financial stability that allows you to pursue passions on. I think back to my like immigrant parents as well. I was thinking about a lot of that because they're both. They're both entrepreneurs and started thrown careers to pursue this American dream, but they didn't such way where they actually had to ignore their passions to set themselves up financially to help children up. It has me. So I wanted this to be something where it. Not only helped us ladder up to what our passions are, and how it can make some professionally sustainable. But on the other end kind of paint the reality of it as well. Both super important to me. Yeah, I mean it's one thing to provide, you know, for the livelihood of your family, which is what your parents did that can be a passion as well. Right. So you may you may go to you may go to a job that you maybe don't love. But if you're passionate taking care of your family that kind of makes up for it yet, I absolutely think so in tier point in this is even better because I hadn't thought about it when making it, but to your point passions are not singular definitions. I think that's another reason why people go on stage. They're like pursue your passions. We feel really good about it, but don't know how to take it to that next level. So in this template, I have it ladder up to three passions with a primary skill. A secondary skill in tertiary skill. And then you list out example, careers or jobs that work in them. Trix new also ask people to figure out two things they can be great at a. So how does that work in? How did you arrive at two not one or one three or fifteen I would say, at least to the reason why chose to just because it was a model that I could repurpose from brand, marketing and product marketing, I just wanted to use perceptual map in same kind of thing there. It's like a lot of brands are known for more than two things, but this is a great intro exercise. It's kinda square one when I'm thinking about how do I want my brand position in the market? And when it comes down to it, we are all our own brand. So how do we wanna be positioned the market? So to me, it's like the two things I think you should start there with one. It's hard to kind of figure out your uniqueness with just one thing. And I think that's where. A lot of people just kind of spin their wheels, or like well, what's the one thing I want to be known for? Whereas when you put it in relationship to something else, it's easier to see a holistic picture like even think that about metrics deal. When I when you say I wanna make one million dollars while what is that in relationship to what is the goal? So it could be a very small percentage, large percentage, all that kind of stuff. So when it everything for metrics, all the way to passions understanding the relationship to another data point, I think is really important here, also because it helps you, then find those were similar to you, one of the outcomes of perceptual map, we just call clusters if I wanna be the best teacher in marketer than I have competition. So there are other people who are both good at teaching marketing. However, that might be the way you think about it for a brand for personally, though. I don't really think of that as competition, I'm actually trying to find allies. And that's another reason why I thought. Starting with two things might be great. Because now I can I can think of like a bunch of different people who are great teachers in marketers, and to me, these are the people that I need to learn from these people need to contact these people in you to my close circle. It's interesting. You mentioned product marketing stealing ideas from there. And this kind of reminds me of product market fit it's, but it's kind of like person market fit. It's combining that I can see the discipline that you obviously bring to your job, you're bringing to this kind of exercise as well. Yeah, I think they so many things not even just in the marketing field that could be repurpose when thinking about your own career. Marketing is a lot easier, though, just because the way that I mean, I think the way that we're bringing our selves to market is. So similar to a brand, especially with this advent of influencers on were all trying to be influential in one way or another in therefore taking a page from a marketing playbook is more relevant than. All right. John is back next time to conclude our discussion about his career planning template, and how you can use it to improve your work life. And even become a better marketer. We're tuning in next time this episode of confessions of a market was written produced edited by yours. Truly t Jordan avai- class productions Rosen theme music confessions of marketers a trademark of Rita renewable Lincoln this episode is copyright twenty nineteen. I'm Mark read Edwards, see next time..
"john chang" Discussed on KGO 810
"John Chang, who's, in Seoul, South Korea, and we're joined by David Maxwell of the foundation for the defensive democracy. David, a very good evening to Gordon f I understand this correctly. There's eight million dollars worth of humanitarian aid read that as food and South Korea has the aid the food. Do they wanna give it through the U N to North Korea, Gordon or directly Friday's announcement from the Blue House was that it was supposed to go through either the UN World Food Program or UNICEF? But there was also an announcement that in order to speed up aid, some or all of it might be made directly to the North Korean regime. David the direct regime direct aid to North Korea. This doesn't sound fresh to me. Is it a surprising turn to you, given the stalled conversation about peace on the Korean peninsula? Well, I think president moon wants peace at all costs, and he his entire legacy is built on reconciliation peace with the north. And so I think he wants to take every measure he can to try to move the peace process forward in, so I think this, this might be one indication, but we should remember that providing food aid to the starving hungry. People of the north will not engender, any goodwill from Kim Jong UN, and will not move the process forward. You know, Kim tone is using the suffering of his people to try to impose international community to lift sanctions. And so it's a fool's errand to think that providing food aid is some kind of concession that is going to cause him to eight. In in good faith because he's not guarding. David I agree with you one hundred percent. There are reports that North Korea does not need food aid, even though north reinstate media saying that the drought in the north is the worst than four decades. There are also reports that the price of rice in informal markets is dropping has been dropping in recent weeks was indication that there's a lot of rice there. This seems to me to be a trick on the part of the regime just to say, look, we need aid. We want really from sanctions, but it doesn't seem that there is a food crisis in the north at this particular time. Program said that, you know, ten million Koreans in the north or food insecure that was their assessment. But I think you know what we're really seeing is that one markets are having a positive effect in the north, and, you know, since the arduous March, the starvation period of ninety four to ninety six the growth of the markets has is really what is sustaining people outside. But what we're really seeing Kim Jong do is play the long con I mean, this is political warfare at its finest, and he is trying to use every tool that he has to try to get sanctions relief. And as we know, sanctions are not as tough as we would like and not as an enforced strongly as we would like, but the fact is, they're having an effect and having an effect on the world economy, Kim Jong of the elite, and that's why he is determined to have sanctions. Lifted and, and he's using every measure in his arsenal. To try to try to accomplish that is there a record of his father or grandfather, using famine as a as a tool to get concessions from the west? Well, I think, you know, certainly. Yes. I think that was, you know, the essence of the sunshine policy, when they came to power nineteen ninety seven at the end of the, the arduous smart. You know, the South Korea provided, you know, hundreds of millions of dollars in aid to the north, you know, under the scary that providing you know hand out hand up would would try would change the behavior of the regime, and of course, for the ten years of the sunshine policy from nineteen ninety seven followed by the peace and prosperity policy of Neo meal, who his chief of staff was wound J in the end result of that ten years was in two thousand six North Korea. Detonated it first nuclear weapon, Gordon. Dave. I mean, there's so much there to unpack the question, though, is I've been talking to a number of conservatives here. And of course, the food is unpopular. If you look at the wider, South Korean population, how do they do? They look at assistance to Kim Jong on got thirty seconds, David. Well, I think, you know, I think there are many that, that, you know, have sympathy for their brothers in the north, and we need to appreciate that. But I think what we should really pay attention to are the escapees from the north and talking to them. They are absolutely opposed to food aid being provided to the north even though people may be suffering, because when it is provided Kim Jong Hoon gets all the credit for obtaining food aid, and so escaped from the north or adamantly opposed to providing that food aid, because it just reinforces his legitimacy. And of course, much of it is diverted to the military anyways, David Maxwell foundation for the defensive. Marcus Gordon Chang of the Daily Beast and Seoul Korea. I'm.
"john chang" Discussed on KGO 810
"John Chang. We're very pleased to welcome Rebecca Heinrichs senior fellow at the Hudson institute. Commenting on the Korean peninsula and the tragedy of the forever war. Rebecca, very good evening to and these last days, we've had odd reports that Kim the undistinguished dictator of the failed state of North Korea is back to his routine of making threats, and this instance, a threat with a time line giving the United States the end of the year or the end of the colander calendar year the end of the fiscal year in some fashion and arbitrary deadline to oblige him by dropping sanctions. And I suppose giving them where they once. We've also had news that Kim has visited in Russia momentarily with ladder Putin that did not seem to come to anything. Also the sanctions have made Kim's options vary. Limited your measure of the Trump administration's dance with Kim. These last years has it reached the end are we back to the old days of Kim threatening? And no one listening to him. Good evening to good evening. Well, I think that. Actually can is beginning to test the waters to see what he can get away with by by giving this deadline, but taking the he recently tested, the tactical this technical weapon that was not a long range ballistic missile like he would previously testing and many analysts that that this was can provoking the United States sort of walking right up to the line without crossing it and the way I saw it was you know, it actually demonstrated that we still haven't pretty well contained as far as the missile testing front. It was just a small tactical weapon, and it wasn't enough to to move the needle at all from our perspective. And so to me that it would it with that told us was that Kim still think that he has a chance of convincing President Donald Trump to relieve sanctions the Knicks change for some promise to give a partial. Manton of program that would be easily reversible, which is ten do. I don't think that that's going to work or be successful. But that seems to be historically. So I think he might be sort of stepping out and seeing if you can, you know, get Trump to blink first. But so far that has proven not to be the case, Gordon. Recco. Over the last couple of weeks. We've heard some pretty hostile words from North Korea. There was of course, this deadline of end of the year. Also, they want secretary say pump a over move from his role of negotiating with young. I have heard people say I'd like to get your view on this. I've heard people say that when the North Koreans make threats. Yeah. You have to worry about them. But when you really have to worry about the North Koreans when they stop talking agree with that sentiment or not. I think that we are in a much better position by talking with the North Koreans right now. Now, you know, we're not totally in the clear here at although they've stopped the missile testing while they're talking which is good. But of course, they haven't stopped other elements of their missile and nuclear program that goes on, but you need to test the missiles in order to increase reliability. And because we have that pause right now. That's a good thing. As long as President Trump. The United States of America keep in place and continues to squeeze the regime while they keep talking we are in a much better position than before President Trump assumed office. So so we will see your point about Kim and -sulting or the regime insulting. Peio? They're trying to peel Pompeo way from Trump's like they tried to peel Fulton away from Trump because they think that Donald Trump can make a suckers deal. They pull him away from his advisors. But Donald Trump has stuck with men peyot, and he's not buying it. And so far he keeping his team in place, which I think is prudent moon Jae in the president of South Korea. Enjoying a lot of credit for bringing the president and the undistinguished dictator the state together the visit to the White House and now where is moon in this odd return to to the old days of threats and counterfeits? I'm just not at the level ballistic missiles, but is moon on happy is he working behind the scenes? What's your what's your estimate? Rebecca. My bet is that moon Jae. And unfortunately, it has always had it's laid it view of himself and his influence in the matters. I don't think he in the end he doesn't have the the alternate say over the course of events, obviously, this is mostly between the United States and North Korea. And of course, even Japan more. So and China, and so it's unfortunate that that Muna gleaning the hard lessons of the past. Which is that simply because you want peace badly enough doesn't make peace come. And it's a mistake course to to improve or or sort of think that you're improving relations without requiring the denuclearization of North Korea. Because what you end up having is a fake p while they're still pointing nuclear weapons that you. So I look forward to the United States pivoting, more and relying more on our relationship with Japan with. Ave who had a great visit recently with the Trump. He's been doing things to modernize its military church Hina and to make military more interoperable with the United States. And I hope that we rely more on him and his council and his invite advice insight in the months to come. Gordon? We have a couple of minutes. Go ahead. Rebecca mood naive. Or is he co conspirator with Kim Jong wonderful, Rebecca, Rebecca, please tell us camped out. You know, I'm not a mind reader. But I think it's I think it's I think it's ninety and Gordon you might have more of expert analysis on that. But I do wish that in the beginning of the Trump administration's term was more deferential to President Trump and understood that are lions together with a stronger more effective way to go, and he seems banded that got way out overseas. And he needs to rain it because he's not helping about Rebecca quickly the visit with Putin was that a miserable moment for Kim. Or did he get something? They didn't tell us about. No. I think that what it did tell us is that he has the elbow space to meet with other powers, which is unfortunate because the United States is trying to get them attic. Push. And so he thinks you know, he has the opportunity with other powers, but it did sort of blow up in his state because he didn't really get anything of it. But but again. You know, he's showing that might have other options for the United States doesn't been. But so far, you know, the United States is the one that the most influential and has a stronger hand in my situation. Gordon, your measure of the visit with Putin. Do you do you follow that he got nothing? I don't think to Kim got too much. But the one thing he did get was he had Putin being troublemaker talking about multilateral guarantees because that gets Russia at the table, it's lows down the whole process. And so that's something that Kim would want finally Rebecca twenty seconds, prime minister Ave is here winner on all of this. I think he's going to be now he's a very good job at patient and maintaining and cultivating this relationship with President Trump. So he is one of the smarter national leaders that is understanding what needs to be done in the Trump era. And so I do I am optimistic that the weeks and months they're going to be. Back-off Heinrich, Henrik convicts Gordon Chang. I'm.
"john chang" Discussed on 1150 AM KKNW
"Go on your heart. England woman. Well, it's full full one hundred. Bingo. A hollywood. The hunt. Humble lodgings. Fierce was. Hard Holland highway. How does one doses handguns? I hope woman. Doesn't mean. Though on Monday. The housing committee was things. Downtown. Puna and those things. A woman. I don't hinder. Don't quantum. How can down here on her thoughts on fine? Woman told us the food. This is how anyway. The hunt work on out was the kind of forum. Among it probably thought shooter. It's the whole just Hammond. Huntington's or issues. Forty three orchard Hannemann. Hi, my whole southbound line how you. Oh, that's uncommonly. Does does. Hung geyser woman. The whole. He goes home sound has Dr. The hung hard because you Don t go Jason bash has your mortgage. I just. If dr. Simone down now. Doc. So you so you change. Of yvonna. Oil in on hold onto Joe allergist. I'll teach to Thome, Sean layer on doubt sandwich. Now holds a town was shelter invasion. Don't see a whole shalt thou shalt the source. Also since on short, you sound sure. Yeah. Now, don't they go from I. Sheltie tend to Kanawha since how do you take one John Doe to seek shelter? Switching Gorda that's not your massage. So he sent home. So we coordinate hurt. Our home, y'all ideology. Host or gelato Sahara inches. A pseudo Indian Anita on. Hold on just as I said, a schenn's how just yet gin sitting on his fun. Concord assessor since Guangdong yonder, usually come silence. Trivial chance to shoot up old. They'll say about you'll just John Chang. Hoteyevs John Konia, your hotel, send jolly some Archie Knossos Jewish on side. The guy Leon. So. It's not what you're let's go. So you got a hold on without the sat all t- atom Goto from there. Doubt jello sites. No doubt hotel dollar.
"john chang" Discussed on Bloomberg Radio New York
"It's also the first day of February and the stock six hundred in the green. Yeah. Of course, global stocks had a pretty solid dead. John, really? And that's almost an understatement to say that looking at how the stock six hundred is doing we're seeing some gains here at the open higher by about a quarter of a percentage point looking at a sector-by-sector breakdown, so far we're seeing media autos as personal household goods. Leading the way are on the downside of things we're seeing oil and gas shares oil and gas, of course, the big winner in yesterday's session. So perhaps only natural to see a little bit of a pullback here looking at the Footsie-100 higher by about a quarter of percentage points as well. The home after the gates with a gain of three tenths of one percent. The facts and Frankfurt were still waiting for that opening figure. You talked about global equities. Have you? Good money. I can tell you John was the best month for global equities in more than seven years. We did see the S and P five hundred in the US gain in yesterday's session. So it closed higher by nine tenths of a percent. If you look at US futures to see how this could continue into February S and P five hundred Emmys, dead flat. But it's the NASDAQ that's moving a little bit lower. It was moving even lower than this earlier. But right now, we're off by two tenths of a percent of to Amazon shares dropped in post trading. The big question for me becomes how much of a dovish fed actually did start to get priced in in the month of January, and therefore how much upside is there to equities from here. We're only on the first day of the month. But history certainly shows that a good start to the year doesn't mean the rest of the year is going to continue the same way looking at the ten year yield. We're on a two sixty three handle. So the trend has been lower since the fed, and we are lower on that tenure yield and where we were a year ago. Absolutely. Also looking at the European bone space. We're not seeing. A whole lot of movement this morning. The ten year burned jailed, for instance, pretty much the same pretty much flat at fifteen basis points just over looking at the Bloomberg dollar spot index. Not a lot of movement there either it is marginally higher the euro completely flat one spot fourteen forty eight is where Aratu sterling also pretty flat this morning, it kind of feels as if we're kind of wasting for a little bit of direction here that the trade story, perhaps investors still waiting for the next shoe to drop there. Who knows? Yeah. And look on the dollar. We've actually dropped out of a recent uptrend, thanks to the dovish fed pivot. But again is this going to continue heading for a second week of losses for the Bloomberg dollar index. I've been looking at the dollar against the UN, you mentioned, the trade talks, Marcus. So yeah, these were meant to be a key trade talks. And really all we know is that what they're going to keep talking. We're seeing a weaker Yuan snapping seven days of gains Corey also had that we kept out of China as well perhaps adding to that Yuan angst the Barclays economists you predicted the twenty fourteen rate cut from PBS. Thinks we could get a benchmark rate cut as soon as today that is a big call in oil markets. We're not going anywhere too fast, WTI and Brent pretty flat. But oil had its best month since two thousand fifteen in January. Let's turn to the structure watch. Absolutely Bloomberg stocks editor Sam instead joins us. Now in our London studio. Very good morning to you Sam. So let's kick it off with Deutsche Bank Deutsche earnings very much Fronton central. It seems this morning stocks were called higher but were actually starting in negative territory. Yeah. Well, the other little changes shopping around a pretty narrow range this one. I mean, remember that Deutsche Bank fell yesterday, the the the potential merger story that will never die Deutsche Bank and Commerzbank came back up yesterday. They dropped on that news. They dropped fifty five percent last year very mind to say today the results that came out they they pretty much missed on everything, but they're committing to cost-cutting, and that seems to go a little bit of. Been taken relatively well. But as you can see now now they really are starting to to drop down about two more percent. They can't seem to plead anybody what about dansko them. Because of course, there is a sort of tied together with these two stories and the twenty nineteen outlook missing expectations after two thousand eighteen and yes, exactly. And they are up this morning, despite the fact that the twenty nine hundred miss the Burman they issued a warning very late in two thousand eighteen so there's not a huge number of surprises in here. But there's a lot of concerns. I mean, if anything this is just really framed that there's nothing particularly new that was really really terrible. So they're up about one percent. They're losing customers because of the laundromat scandalous. Well, doesn't not a huge amount to get excited about Danske Bank, other than the fact they dropped so much last year. And there's nothing particularly horrible new today that they seem to be being rewarded for sticking to Copenhagen Novo Nordisk anything to be excited about their. Well, it depends on what excites you the diabetes drugs. I've never know this. So the numbers of the two thousand eighteen numbers actually missed estimates ever so slightly, but what people are looking for from them in new drugs. Like where is the new growth come from Nova Nordisk, and it looks like a pig, which is the big new drug in the US is doing pretty well that seems to be overshadowing any concerns that people may have had about the two thousand nine hundred ninety s they're up about three three point three percent. Thank you so much time unstirred with our stocks to watch here in the studio. Best performing stock, by the way, right now on the stock six hundred as Electrolux. So we've seen it gaining. It's up almost ten percent right now after the fourth quarter numbers and these spin off plan, it's actually gaining the most since twenty fifteen on those fourth quarter earnings. So that is the best performing stock right now on the stock six hundred the Swedish appliance maker to spin off its commercial products unit. Let's delve deeper into our top stories. This morning. We've talked about trade already China promising to substantially expand purchases of US goods. After the latest round of talks. Bloomberg's Bryan Curtis has the latest now from Hong Kong, China says important progress was made in these talks that they were candid specific and fruitful, which just a month to go before tariffs are ramped up, the two sides agreed to hold further discussions in Beijing. Xinhua said China agreed to increase imports of US agriculture energy industrial products and services and said both sides agreed to strengthen cooperation on intellectual property rights and technology transfer and President Trump also raised the possibility of a face-to-face meeting with Xi Jinping in Hong Kong, Bryan Curtis. Bloomberg daybreak Europe. The private Tyson survey a factory activity in China has come in weaker than expected. January's reading is forty eight point three well below forecasts. A forty nine point six and much worse than December Tyson's reading is in contrast to the official data which agreed manufacturing is still slowing but not as badly. As predicted the survey as pressure for the government to support industry are the same time, the rapid deterioration in China's economic data could spur the central Bank to cut its benchmark interest rate as soon as today, according to bulk race a columnists analysts led by John Chang says that existing measures are not sufficient to lower the financing costs of the real economy. The caller is notable. Because Chang was the only economist Bloomberg surveys to correctly predict China's rate cuts in late twenty fourteen. Yeah. And this is an interesting and bold. Call and it also comes while Chinese authorities have unveiled rule changes aimed at providing support for the country's beleaguered stock market a recent days, hundreds of companies. Have issued profit warnings. Let's turn to India though. The India's budget has just been announced these plans are seen as a last ditch attempt to win voters ahead of the nation's elections. Do you buy may India's missed its deficit target for a second consecutive year, but economic growth has been positive. India has overtaken France to become the world's sixth largest economy. It's also on cost to replace the UK in the fifth spot. Now it is job. Stay over in the United States where the communists predicting a strong report, despite the government shutdown. Michael Mckee is Bloomberg's international economics and policy correspondent, the government shutdown had an impact on politics, but the impact on jobs will be harder to discern because federal workers will get back pay government. Statisticians will count them as employed for the month, but workers in related businesses such as contractors lost hours and earnings that may affect the separate unemployment survey. Although it may be hard to see in the data given the jobless rate is forecast to remain near the lowest since nineteen sixty nine. Beyond the shutdown the news as always will be made in the hourly earnings figures that officials suggesting only inflation might change their new dovish stance in Washington. Michael Mckee, Bloomberg daybreak Europe..
"john chang" Discussed on Bloomberg Radio New York
"It's called something to do with Deutsche Bank signings. That is correct. I am here to interview the CFO James von Moltke of Deutsche Bank about their eighth consecutive quarterly revenue contraction. So they've had revenue fall for eight consecutive quarters. And they missed the estimate Deutsche Bank fourth quarter net revenue was five point five. Eight billion euros. The street was looking for five point seven three billion euros. Of course, just like all of the other big Wall Street banks, they had a drop in Fiqh trading fixed income currencies and commodity commodities. Trading down twenty three percent. But don't you Bank is cutting costs and either cutting costs faster than they are reducing revenue. So what we've seen is the first yearly profit the first annual profit in. I believe for years. So they actually did come out with a prophet. But on the street will no doubt be disappointed that revenue missed estimates. Absolutely. Perhaps the focus will be on the top line also DWI s sort of the outflows there at the asset management units. Interesting to note says well, if you are a Bloomberg customer, you can go to T L I V go and follow these earnings in real life. So to speak. He can follow them live there. We also got some earnings out of Sabadell. It's not the only Bank to report today full year net income three hundred and twenty eight point one million euros. The estimate was for three hundred forty point three million euros. So a little bit of a miss their Kasama. Dell could continue selling non-core assets to add capital. It says this morning. We're also getting. Through figures out of so it's raising its full-year net. Four cost two eight hundred thirty five billion yen from seven hundred and five billion yen. That headline just going read on your Bloomberg terminal this morning, a match works actually going to let you go to Bloomberg television to talk about these don't Bank earnings in just a moment. They need to know. What's happening? But before that show, we squeeze a little bit of a data. Check out of you. Why don't we we do that? Every fifteen minutes, of course, for our listeners here on Bloomberg radio, Asian stocks. We're all over the place really on Friday following the best month for global equities in more than seven years, by the way, I recommend you use the S E A G function to check out how great January actually was compared to how horrible December was of course, it maybe even things out a little bit. In terms of what we see in the actual index is no change really in Japanese equities. The hang sang down. But only three tenths of one percent. And the CSI three hundred was up more than one percent. So this had all over the place different directions. In terms of where we see those indexes futures for European stocks are pointing up in London, although just barely and down in fear and Frankfurt, although just barely. So again, not a lot of direction from that. In terms of other risk indicators. We have the ten year yield little changed at two point six three per cent. But it's come down substantially over the last two trading sessions number we're at two point seven four just to forty eight hours ago. The yen is unchanged versus the dollar one eight eighty seven and we have the pound right now. Trading at one thirty one even gold is at thirteen eighteen eighty six a Troy ounce and oil at sixty eight it's actually interesting how little most assets are. Are moving right now. If I look at my screen of charts at my dashboard here, it looks like only the euro's moving against the dollar. But even that is only down one tenth of one percent at one fourteen thirty seven so really not a lot of movement. These markets these traders, it looks like sitting on their hands waiting for more information to come out of trade talks in the US more information to come out of Brexit. More information to come out of. Really, the the global economic slowdown that we're watching it must be priced interesting. Absolutely. We're gonna be talking a lot more about it here on Bloomberg radio this hour for now we're going to let Matt Miller Armand in Frankfurt, go off to Bloomberg television. And I will continue with the headline. So see you in just a few minutes Matt's for that. Let's drill down. Then on the trade talks that was just one of the factors that Matt was just saying how trade is all watching old developments that we've heard from China. It's promised to substantially expand purchases of US goods. After the latest round of talks where the United States that wrapped up in Washington DC yesterday. Bloomberg's Bryan Curtis reports. Now from Hong Kong, China says important progress was made in these talks that they were candid specific and fruitful, which just a month to go before tariffs are ramped up, the two sides agreed to hold further discussions in Beijing. Xinhua said that China agreed to increase imports. Have US agriculture energy industrial products and services, and it said both sides agreed to strengthen cooperation on intellectual property rights and technology transfer and President Trump also raised the possibility of a face-to-face meeting with Xi Jinping in Hong Kong, Bryan Curtis, Bloomberg daybreak Europe. And if we stick with the Chinese economy, the private cash insa they'll factory activity in China has come in week of an expected January's reading is forty eight point three well below forecasts of forty nine point six and much worse than December kitchens. Reading is in contrast to the official data which agreed manufacturing is is still slowing but not as badly. As predicted the survey adds pressure for the government to support industry, speaking of which the rapid deterioration in China's economic data could spa the central Bank to cut its benchmark interest rates as soon as today. That's according to balk lays economists analysts led by John Chang. Says that existing measures are not sufficient to lower the financing costs of the real economy. The is notable because Chang was the only economist Bloomberg surveys to correctly predict China's rate cuts in late twenty fourteen. Let's talk a little bit more about how this is paying out to the mall kits. We're going to cross over to Singapore where Wes Goodman from the markets live team joins us, Wes, great to have you on. So we're actually seeing some interesting moves today. The Yuan is falling. But Chinese stocks are rallying. We usually see them moving in tandem. Why not today? Hi, Marcus, good morning. Yeah. Those the the big news in Asia today, the U on falling and Chinese stocks rising. China's promising to buy more US stuff more US goods, not with tend to help the dollar and hurt the on at the same time. Remember falling currency tends to help stocks because it makes makes it cheaper for overseas. Buyers to purchaser our country's exports and also most recently the government is taking steps to support shares after last year sell off. So it was a good day for stocks. You know, you mentioned the possibility of a rate cut today that article made a lot of did draw a lot of attention. But I think that is certainly a minority view. So it was a good way to to end the year of the dog. Remember, China's stocks will be closed all of next week to welcome in the year of the pig. Yeah. Exactly, exactly. I wonder whether that is going to be four four four markets. Walker? We expect today when it comes to the US jobs report, we've got to John Reid figures essentially coming out later on in Washington DC. Overall. It's expected to be a healthy report. Everyone knows the fed is pausing now and it's rate hikes. But Bloomberg intelligence says that this report may lay the groundwork for the fed to resume those hikes later on. As far as markets, go. There is a pattern and treasury. Treasuries have fallen in price and and yields have risen following each of the past five employment reports, and so so we have a report that's coming out. That's supposed to be healthy. We have a trading pattern that if it holds, you know, if it continues again today will fall in price and yields will rise again. All right. Thanks, so much, Wes Goodman. Thanks for previewing that the US jokes reported you out a little bit later on for real time market, commentary and analysis. Check out markets live. That's M L V on your Bloomberg terminal. Now, we've been talking about China. India we've got some news flow out of that country as well as the budget that has just been announced these fiscal plants are seen as a lost its attempt to win votes ahead of the national elections due. By may India's missed its deficit target for a second consecutive year. But economic growth has been positive. India has overtaken France. To become the world's sixth largest economy. It's also on course to replace the UK in fifth spot. So another interesting story to follow and you can do so on the top live page T V, go as a live blog underway right ban Amazon's fourth quarter results. Meanwhile, beats analysts estimates, but its shares are taking a hit in late trade on a weak outlook. Bloomberg Bloomberg sat Rami incensio has more the holiday season brought lots of good cheer for Amazon's fourth-quarter earnings with sales and earnings exceeding estimates. But investors are now weighing second consecutive quarter where the company's expectations fell short of Wall Street's rising expenses remain a threat for Amazon along with money losing investments abroad. But the company says it's still committed to expanding in India as it evaluates the impact of new ecommerce rules in New York. I'm rainy incensio, Bloomberg daybreak Europe. All right. Let's get some more headlines now from around the world. Here's Bloomberg's.
"john chang" Discussed on Bloomberg Radio New York
"He's very close to announcing the exact date and location of a second summit with North Korean leader, Kim Jong UN Ed Baxter covering the story in the rest of global news for us from the Bloomberg nine sixty news from San Francisco, Eddie. Yeah. He really dangles it out. There doesn't he dug? He says it'll be the end of February. And that location will not be a surprise apparently one of three major cities in Vietnam. And he again is defending progress already made with North Korea. Now, there's no missile testing. There's no rocket testing is no nuclear testing. We got back. Our prisoners are hostages, and we're getting back are remains. They're coming in. And he says he does not agree with his intelligence shaves at North Korea will not denuclearize the International Atomic Energy agency, strongly urging Japan to spend ample time in decommissioning, the soon NAMI damaged Fukushima nuclear power plant, and it is a Ma admonishing Japan to be honest with the public. About remaining uncertainties US house speaker Nancy Pelosi says she's very concerned about the president not wanting to include the legislature in the border security issue today, Congress's it doesn't matter. What congress does I knew that? He wanted all set me, really. She says no money for a wall. Really the president says starter. Really, no. Because if there's no wall doesn't work. She's just playing games. So if there's no wall, it doesn't work conference committee continues to meet US. Customs officials have announced their biggest matinal bust ever saying they captured nearly two hundred fifty four pounds at the Arizona, border street value about three and a half million dollars. Also sees the stash of methamphetamine street value at one point eight million Google employees can no longer use their smartphone apps that run on Apple's Iowa system. Apple says Google is broken add research rules, Bloomberg technologies. Garrick Davinic Google on face. Book both had these programs that they would essentially ask people to pay them. Sometimes, you know, pretty small amounts of money just to participate in these programs. Download certain apps that would essentially monitor the behavior of those people. So that they can learn about how people use their services and use the internet now Facebook slapped with the same violation yesterday. Now saying that it's problem with apple has been resolved in San Francisco. I'm Ed Baxter. This is Bloomberg. All right. Ed. Thanks so much. We are joined from our studios in Hong Kong by Bloomberg's chief Asia economics correspondent and current end. A lot going on here. I mean, we've got the Cy sheen. PM I which was a lot weaker than forecasted comes after a drop in the official manufacturing PM. And now we've got a call from an economist at Barclays predicting that the PBOC is actually going to cut a benchmark interest rate as soon as today's that possible. They haven't cut the benchmark interest rates since two thousand fifteen so it's a not call its premise on the fact that producer prices are affecting prices are falling. That's driving up to the finance industry and economy in one of tonics to counter that is a in the benchmark interest rate. And that's what the forecast is based on. Yeah. And John Chang has some track record when it comes to forecasting these cuts as well. Yeah. Back in two thousand fourteen she was only one four counts could into benchmark rate. Remember, China's central Bank has been easing lately. But it's been through various channels such as freeing up deposits for banks to lend more and taking other steps to make sure money's getting into parts of the economy economy that needs it, but they have not could this benchmark right now since two thousand fifteen and that's what everyone's looking. So what would the magnitude of the cut be? I mean, if it were to occur. Do we know about what size? Well, it's we don't know the size. But it certainly would be it would have a much more broad based effect on the economy than any of the measures taken fire. And Secondly would be it would send a very potent and powerful signal that China is ready to stand behind it. It's konami. Now, you could of course, also say it's a sign the policymakers, very worried and economies in aborts position and told which is very fair, but equally it shows that they're ready to pull the stimulus pushed us stimulus. Putting my needs. Yeah. I guess just last half hour echoed what many of our recent guests have been saying Andrew Collier, saying don't expect big bang stimulus. But the banks do seem to be getting a bit bigger. What might be next? What does this feeling and economy hasn't yet turned a corner? We sell Pima yesterday remain in contraction new territory, even if it Nogent the right direction, but let's keep an eye on some of the positives to to serve society economy or non-manufacturing side of the Pima yesterday was quite strong well into expansionary territory and on services are increasingly much more important for China's economy than the manufacturing side. But there's no doubt the bigger story remains sentences negative. And that's why people are looking for more steps from the policymakers. Yeah. And I guess you could argue that the services PM is a better reflection of the stimulus that the government has been throwing into the economy since services account for more than half of overall economic activity in China, very quickly with everything we're describing right now contraction in manufacturing is their greater pressure in twenty seconds to get it. Trade deal done with the US twenty seconds. I think China would love a trade deal with US. That's only five fifteen more. I think well, I think by all accounts they want to deal. All right. And always a pleasure. Thank you so much for being with us. That is Bloomberg's chief Asia economics correspondent and the current joining us from our studios in Hong Kong offshore currency right now, we can quite a bit against the dollar at six seventy three.
"john chang" Discussed on Bloomberg Radio New York
"Leading us to believe that it would probably be one of the three cities in Vietnam. The International Atomic Energy is telling Japan to spend time enough decommissioning the Fukushima nuclear power plant, and to be honest with the public about the process and do it right Bangkok? Authorities are flying a fleet of drones and small planes mixed with some trucks to spray water to try to reduce air pollution schools are closed. The city's governor is advised anybody with a better idea to get rid of the spot to step up and help out. Apple is resolved. Its research problem with Facebook has reinstated its certification. Meanwhile, apple has sanctioned Google employees are not allowed to use their smart apps to run on Apple's. I o s research is the crux of the problem. A US house speaker Nancy Pelosi says she is worried about the president saying he will take the lead. Slate you're out of the debate over border security. She says no money for a border wall. And the president says he won't sign anything without a global news twenty four hours a day on air and a tick talk on Twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in San Francisco, I'm Ed Baxter. This is Bloomberg. Juliet, Ed, thanks so much. Let's get back to our conversation. With press senior VP director currency strategy at pioneer with us here on daybreak Asia for there is a report coming through on the Bloomberg that the economists to call the two thousand fourteen move from the PVC is suggesting China could cut rates again today. That's obviously going to play into the one. You were saying before you stink. You've seen the top of the duller. Does that mean that we continue to see further strengthening coming through from the water is that a different relationship because some say that they also little bearish on how strong this has run. Hi, rush is with us. Now, we've lost Paresh apparently sorry about that. You were talking about the you want and the dollar offshore right now six seventy eighty eight we've get the the site sheen. PM I survey later this is the private survey of PMI survey for China yesterday. We got the PM I both the official. PM I for manufacturing and the non-manufacturing PM non-manufacturing actually above forecast. Juliette one of the things that I ask a guest earlier was whether or not some of that had to do with the fact that the government stimulus is actually showing up in the non-manufacturing PM because the services economy in China accounts for more than half of all GDP. So that was perhaps one way of looking at things. Yeah. And it was quite interesting with those figures from what we saw yesterday as well. You know that contraction still coming through but better than what we had seen in December. So there's certainly I guess in the words of Mark Twain, the death of China's economy, perhaps is a little bit premature at the moment because even though things are slowing. It's not as bad as many had predicted. But I want to get back to this story that I was talking about that I wanted to ask prudish about because we have John Chang come on quite regularly on Bloomberg television and radio, and she is a key analysts too cold that twenty fourteen move say. Saying that existing measures and not sufficient to lower the financing costs of the real economy. And she's saying that China could indeed cut rights today. She's the economists said I mentioned who called that twenty fourteen moves. So this is going to be quite interesting on the back of this dovish fed as well. And what we've seen from other emerging market central banks. It really gives the the L a lot more move a room to move when when Powell and company pivoted this week. You know, talking about the fact that they can not only be a Ford to be a little bit more patient in terms of short term for straits. But the flexibility now on the path for reducing the balance sheet, we saw a long-term rates come in quite a bit during the New York session. We were down about five basis points in the ten year right now, we've picked up a little more than a basis points in the Tokyo session. We're to sixty four on the ten year. And it's going to be very critical to in today's session because markets many markets in the Asia Pac region are going to be closed next week for the lunar new year. Holiday back to Aparicio potty senior VP director of currency strategy at a Monday pioneer. Juliet. I'm gonna ask you to to set up the question that you wanted to ask him originally. Yeah. Thanks for coming back. Arash, we just wanted to ask you about whether or not you're expecting that. We could say some food in the Awan there is this call that P C modern Dade cut rates as early as today. That's according to the economists who call the twenty fourteen move. What's your thoughts, and whether or not we are going to see further, I guess Pap strengthening in the on. Well, the way I'm looking at remember. Price movements going forward. I think is more contingent on what the broader dollar does. And giving my outlook that the Federal Reserve is has essentially moved to a long-term pause. I think that is going to basically to broad-based dollar weakness across the board. And that includes the renminbi. Now, there could be other factors that could drive the renminbi. Either less. To appreciate less than its neighbors. A lot of that will depend on monetary policy in China, if the PBOC in fact does ease policy further than while I do expect the be to appreciate against the dollar on a trade-weighted basis. It may it may not keep up with its nape with its neighbouring. All right. Hopefully, we can get more with you next time. Thanks so much for joining us pressure, senior,.
"john chang" Discussed on 1150 AM KKNW
"He chance smoker Nelson, you she till how gone John Glenn K drench. Tina's in heaven's sake. NJIT Benji whole until lose your Dench. Then fees found the high when you see when HAMAs housing TC. On the go young house ship was intended. England does a Hindi land in wouldn't you rather? Not. Hey, she had been she Hansel. Good. It's so funny that stems inches unlikely. Seeing the show king. John Chang, Bogo, T TC and shadow. Women. So we'll see I know. You mentioned to me. Each show. Good cheat Haning. Shimin Joe b. Why shall king? Sin Chung their sin. ET quietly she from Johnston shoot me there. Eighteen juliani. How was she engaging? Why whine Kim Kindy Saint Shantha shampoo? Waning ta Charlene teen the good. She each eleven each yoga. Now, Yang ching. So good. Yum. Each alga young young teen girl. She's day Edo leeann yoyo tins shooting so cheap when found so yet Tom shit. She t she hates. Oh..