22 Burst results for "John Joins"
WTOP
"john joins" Discussed on WTOP
"Range from lowering our rate heart to companionship and protection interestingly our animals are so tuned to us they're even attention while they're sleeping canine researchers found that a dog's brain still lights up to its owner's voice even while it's asleep even when in non REM sleep the dog could tell whether a noise came from another dog or they're human and further if that communication was friendly or distressed the more time they spend with us in the tune more they are even while sleeping good to know that our dogs are ready to leap into action to protect us or avail themselves to an early walk I'm Cooper Lawrence and this is all well and good. Summer Bonanza means more business in the fall months hire right with Indeed their integrated solution lets you schedule and conduct video interviews all in one place finding your next great hire has never been this easy get hiring at indeed .com slash credits sports at 25 and 55 powered by Maximus moving people and innovation forward. Football Friday time with Dave Preston breaking Nationals news mark veteran reliever Sean Doolittle announces his retirement the 36 -year -old pitched in 53 games for the Nats over five seasons he posted an ERA of 1 .74 with two saves over nine appearances during the World Series run of 2019 NFL commanders facing Buffalo Sunday looking to continue their unbeaten start but looking to reverse their trend of slow starts WTOP's George Wallace telling John and Michelle this morning you get away with things like that against Arizona and Denver keep in mind they were trailing in the fourth quarter of both games but you won't be able to get away with that this weekend against Buffalo so hopefully they need to start faster not getting that big hole. George John joins and Michelle every Friday morning at 915 to preview the upcoming commanders game NHL day two of training camp underway for the Capitals who play their first preseason game Sunday college football Virginia starts ACC play tonight when they host NC State that means facing record -setting quarterback Brendan Armstrong who transferred last coach offseason Tony Elliott he looks comfortable in what he's doing you know finding he's finding his open receivers he is checking the ball down you know time for presto's pick presented by FanDuel Sportsbook Virginia's current quarterback carousel involves injury as well as an experience resulting in an offense that ranks last in the ACC in scoring and while they'll play better than they did against Maryland I don't see the Cavaliers being able to keep pace with their former quarterbacks new team NC State 33 Virginia 17 Dave Preston WTOP Sports the UAW expanding its strike against the automakers and a US senator has been indicted details coming it's 1156 this is report sponsored by general dynamics information technology join GDIT to grow your career beyond your imagination in government defense health and intelligence where your only limit is your ambition turn your career vision into what GDIT .com slash careers Regency's biggest ever this Saturday and Sunday it's Regency Furniture's total warehouse liquidation at the world's largest furniture outlet in Waldorf Maryland over $47 million dollars of furniture inventory will be cleared out to the bare walls
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"North Korea once again threatening its neighbors Dan Schwartzman is here with that story in more dense. Yeah, diagnosis here, I guess, they've now again fired missiles off its eastern coast, the north, firing two short-range ballistic missiles, just two days after they fired two cruise missiles from a submarine, Pyongyang says they will turn the Pacific Ocean into a firing range as the U.S. began their freedom shield joint military drills with the south. In recent weeks, North Korea had also fired an intercontinental ballistic missile. Joint military exercises between the U.S. and the south, which were scaled down under president Trump were brought back after June secure took over as president last May. China has decided to resume issuing all types of visas to foreigners, that will begin on March 15th. The country will also resume allowing Visa free entry to cruise ships stopping in Shanghai, as well as hainan island. China is emerging from its COVID zero policy and is also looking for economic growth this after targeting about 5% growth for the year. British prime minister Rishi sunak meeting with President Biden in Australian prime minister Anthony albanese in San Diego earlier today to unveil a plan for a new fleet of nuclear powered submarines for Australia. Biden talking about the pack between the three allies. Our unprecedented trilateral cooperation. I believe his testament to the strength of the long-standing ties of the united. And our shared commitment of ensuring the end of Pacific remains free and open. The plan is for the U.S. to sell as many as three to 5 Virginia class submarines which cost about three and a half $1 billion each to Australia who will also be building a next generation sub together with England called the SSN aukus, then starting in 2027, the U.S. and England will deploy a rotating force of subs with Australian sailors and workers embedded on those subs for training purposes. Despite objections from environmentalist groups, President Biden has authorized the ConocoPhillips willow project to drill for oil in northwest Alaska, the company will be permitted to drill three different locations with an estimated return of a 180,000 barrels of oil per day. Biden had campaigned on a pledge to block new drilling on public lands as well as investing in clean energy. An appeals court in California has overturned a ruling by a superior court judge last year that classified Uber and Lyft drivers as employees of the company and not independent contractors. The court upheld proposition 22, which was passed by state voters into law back in 2020. The service employees international union is now expected to appeal that decision to California's Supreme Court. It was a good night for the Academy Awards an average of 18.7 million people tuned into the Oscars. That's a 12% increase from last year's 16.7 million viewers. As good as that sounds, the number of viewers is still well below pre-pandemic levels when around 5 million more tuned in, that was in 2020. Global news, 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries, I'm Dan Schwartzman and this is Bloomberg back to you Doug. Thanks, Dan. Well, let's get to our guest John Woods is with us. He is the CIO for the Asia Pacific at Credit Suisse, John joins us from our studios in Hong Kong. It's always a pleasure, John. We're still mopping up from the collapse of SVB here in the states. This emergency lending program that was put in place did seemingly a little in terms of muting some of the market reaction, aggressive selling and some of the bank stocks today. But more to the point here about the move into some havens like U.S. treasuries and a big drop in yield at the short end of the curve where we're recovering a bit now in Tokyo, but we're still right around 4%. What is this rate of change that we have seen in U.S. interest rates in terms of market rates? What does that do to your thinking these days? Well, it's extraordinary. I mean, the market is having to exercise one 80° spins in just a few days. In order to really take into account and reflect the new news regarding the financial sector, my sense is we're walking on eggshells. We really do not know with confidence the likely direction or implications of this financial sector problem. Is it likely to increase, will there be contagion selling, for example, into Asia? These are all big issues. My sense is overwhelmingly this was a liability problem. It was more about liquidity and the fed as you point out have stepped up to underpin and support confidence among depositors alongside the term lending facility. But nevertheless, there are a huge amount of ponderable about there and my sense is that the fed are going to have to look and think very closely about committing to a tightening trajectory. At least over the next two or three months. Well, John, good morning. And let me ask a little more on that contagion because SVB has taken the spotlight, but how would you characterize what these collapse banks with SVB silvergate and signature have in common aside from starting with S I mean, what they have in common tell us about how to think about further financial risk. Is this all just failures of fed stress tests? Well, I think there's a degree of idiosyncratic risk amongst those institutions you mentioned. I mean they were all reasonably specialized, they all were experiencing some reasonably rapid deposit growth. And I think given the macro backdrop, really an underlying lack of loan demand and subsequently the need to deploy
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"Welcome to Bloomberg opinion. I'm vonnie Quinn. This week, Stephen mim on The Bahamas, a haven and maybe more senses than one, and in less the geopolitics changes than the reliability of Kazakhstan as a source for most of the world's uranium is going to be contested. David fickling on how the uranium supply chain is a little too dependent on one nation for comfort. And later, we'll speak with Julie ran on China's system of taxation. But first to the markets and John alters this cautionary tale this week, essentially he says beware the barrage of predictions for 2023 flooding her inbox right now, and John joins us now. John, we come to the Roman calendar year end with a bunch of assumptions, including that there's often a so called Santa Claus rally and so on. So let's first ask, what does actually happen in terms of things like position squaring or profit taking or loss harvesting that we should be aware of in the run up to December 31st? Well, it's up to learning Britain is bad and breakfasting. The idea of taking losses to give yourself an allowance to maximize your ability to offset capital gains is a lot of people have taken a loss of losses this year. You might well find that there's some confusing activity when that happens. And there's window dressing when people want to end the year with portfolios that make it look like they've been smart. Buying into stocks that have done well, even though it's almost exactly what they shouldn't be doing. It's difficult to work through exactly what that's going to imply for this year. When, frankly, there was almost nothing you could have been in that would make you look smart. And it would be a great idea to prove that you were 95% in cash at the beginning of the year. You don't really want to be in that position now. So it is going to be strange final month of the year and next week we have the final inflation numbers followed immediately after by the FOMC. That's still overshadows our absolutely everything else and will for the foreseeable future. I imagine that will Trump any of the excitement that would come with the end of the candidate. Right, and we're actually almost lucky that there are still catalysts that would be quite the long December. But something else that happens from early December usually as we get analysts predictions huge long research notes outlining self right assumptions for the year ahead and predictions. One of the wilder predictions that did catch eye. Oh, I don't know how many I've been through, but this is the time of year when you get a lot of predictions. The good side of this is that it's a very good discipline to force yourself to sit down with a piece of paper with a spreadsheet and come up with a clear prediction. There's no question that that's a good discipline just like a college, it's a good idea to actually have to write the essay or whatever actually publishing what you're expecting and what your assumptions are is a good idea. And a lot of the research that people produce at this time of year is pretty interesting. It's worth finding a way. That says, there's almost no point taking any notice at all of what they say for their final numbers, particularly for the stock market because the stock markets on a year to year basis is incredibly difficult to predict. And it tends to stock market rises by an average of 7 or 8% a year over time. It's very, really, rises by 7 or 8% in any one year. Tends to be up in double figures or a very occasionally take a big fall. But it's unusual to get a year when it just gains about 7 or 8% even though on average. Over the very long term, that's what you can expect to get. But there is some usefulness to year ahead prognostications, though, right, even if it's only to knock people out of habitual thinking. I essentially agree that it's worth thinking through what you really believe. It would probably be more useful to try to come up with predictions 5 or ten years hence. Right. Which are impossible obviously there's so many unknown once you'd be integrated further into the future. But you then have a much clearer scenario in our business and you have much more of a grasp of what you see both the risks and the opportunities being. The longer you move into the future, it's a cliche, but it is true that the more likely that the stock market is going to be well for you, but you still need to work out what criteria will determine exactly how well it does feel. Meanwhile, the fascinating thing wrote up with some research from Dan Henderson is that analysts are pretty good at predicting how much companies will earn and what their profits will be and for one year that is almost useless. Yeah. So this year was all about a fall in PE ratios, which almost nobody predicted. And earnings growth has been fine and almost exactly in line with what people predicted. It doesn't help at all, explain what's happened on the markets this year or predict what was going to happen in advance. Right, and that's a real question. Has this year been an exception in terms of shocks or black swan events or are so called longer term trends still intact? My best guess is that it's probably a regime change year. I mean the regime that started to change in 2020. It was obvious that something was going to give and we're finally seeing that this year because inflation really is back and the correlation between bonds and stocks is breaking down. So a lot of those assumptions finally got shaken this year. And that is one of the interesting things about looking at all the research incidentally. There is more dispersion than they usually use, meaning that greater uncertainty and people are admitting to great transit because a lot of reliable models for the last 20 years. Working. On top of that, we had one very major bonafide chocolate of course the invasion of Ukraine and frankly a shock that wasn't so much less in economic terms, which is zero COVID in China that when everybody thought the pandemic was pretty much over China suddenly started seeing its economy being far more affected by it than it had been before. So those are very major shocks at a point when the regime appears to be changing anyway. This has been a very unusual year. We do seem to be having many of these unusual years. In the most recent decade, but John, even if we knew what was coming for sure, even if we were absolutely guaranteed that something was going to happen, would a guarantee us a better return. It's not necessarily the case. Ahead of time, then just as well that the good news finally materializes, but it doesn't particularly help you at that point. Even if you know what's coming if the market is wildly overpriced in predicting what's coming, you could still come a cropper. You not only need to know what's coming, you also need to work out how well the market is positioned for it and if things are bad, you also need to understand what the systemic risk might be. Right. So many of the other very interesting example this year, it's not a true black swan event because I don't think crypto is big enough, but some of the horrors in crypto were very major significant deals and obviously because it's crypto, which has only been around a little bit more than a decade. There's a lack of precedence for it. Luckily, would appear the crypto isn't linked enough with transpire. I have to call it a team. I love that. Yes, the traditional finance that is going to cause a systemic event in itself.
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"Opinion. I'm vany Quinn. This week, Stephen mim on The Bahamas, a haven and maybe more senses than one, and in less the geopolitics changes as in the reliability of Kazakhstan as a source for most of the world's uranium is going to be contested. David fickling on how the uranium supply chain is a little too dependent on one nation for comfort. And later, we'll speak with Julie ran on China's system of taxation. But first to the markets and John alters is cautionary tale this week. Essentially, he says beware the barrage of predictions for 2023 flooding her inbox right now, and John joins us now. John, we come to the Roman calendar year end with a bunch of assumptions, including that there's often a so called Santa Claus rally and so on. So let's first ask, what does actually happen in terms of things like position squaring or profit taking or loss harvesting that we should be aware of in the run up to December 31st? Well, often learning Britain is bad and breakfasting. The idea of taking losses to give yourself an allowance to maximize your ability to offset capital gains. There's a lot of people have taken a loss of losses this year. You might well find that there's some confusing activity when that happens. And there's window dressing when people want to end the year with portfolios that make it look like they've been smart. Buying into stocks that have done well, even though it's almost exactly what they shouldn't be doing. It's difficult to work through exactly what that's going to imply for this year when, frankly, there was almost nothing you could have been in that would make you look smart. And it would be a great idea to prove that you were 95% in cash at the beginning of the year. You don't really want to be in that position now. So it is going to be strange final month of the year and next week we have the final inflation numbers followed immediately after by the FOMC. That's still overshadows absolutely everything else and will for the foreseeable future. I imagine that will Trump any of the excitement that would come with the end of the candidate. Right, and we're actually almost lucky that there are still catalysts that would be quite the long December. But something else that happens from early December usually as we get analyst predictions huge long research notes outlining cell type assumptions for the year ahead and predictions. What are the wilder predictions that did catch your eye? Oh, I don't know how many I've been through, but this is the time of year when you get a lot of predictions. The good side of this is that it's a very good discipline to force yourself to sit down with a piece of paper or within a spreadsheet and come up with a clear prediction. There's no question that that's a good discipline just like a college, it's a good idea to actually have to write an essay or whatever actually publishing what you're expecting and what your assumptions are is a good idea. And a lot of the research that people produce at this time of year is pretty interesting. It's worth finding a way. That said, there's almost no point taking any notice at all of what they say for their final numbers, particularly for the stock markets because the stock markets on a year to year basis is incredibly difficult to predict. And it tends to stock market rises by an average of 7 or 8% a year over time. It very, really rises by 7 or 8% in any one year. Tends to be up in double figures or very occasionally take a big fall. But it's unusual to get a year when it just gains about 7 or 8% even on average. Over the very long term, that's what you can expect to get. But there is some usefulness to year ahead prognostications, though, right, even if it's only to knock people out of habitual thinking. Essentially agree that it's worth thinking through what you really believe. It would probably be more useful to try to come up with predictions 5 or ten years since. Right. Which are impossible obviously so many unknowns once you've been to go out further into the future. But you then have a much clearer scenario now and you have much more of a grasp of what you see both the risks and the opportunities being. The longer you move into the future, it's a cliche, but it is true that the more likely that the stock market is going to be well for you, but you still need to work out what criteria will determine exactly how well it does feel. Meanwhile, the fascinating thing is that wrote up with some research from Dan Henderson is that analysts are pretty good at predicting how much a company will earn, what their profits will be. And for one year, that is almost useless. Yeah. So this year was all about a full in PE ratios, which almost nobody predicted. And earnings growth has been fine and almost exactly in line with what people predicted. It doesn't help at all, explain what's happened on the markets this year or predict what was going to happen in advance. Right, and that's a real question. Has this year been an exception in terms of shocks or black swan events or are so called longer term trends still intact? My best guess is that it's probably a regime change year. I mean the regime that started to change in 2020. There was obvious that something was going to give and we're finally seeing that this year because inflation really is back and the correlation between bonds and stocks is breaking down. So a lot of those assumptions finally got shaken this year. And that is one of the interesting things about looking at all the research incidentally. There is more dispersion than there usually is, meaning that the greater uncertainty and people are admitting to great transit because a lot of reliable models for the last 20 years working. On top of that, we had one very major Bonaparte chocolates across the invasion of Ukraine and frankly a shock that wasn't so much less in economic terms, which is zero COVID in China that when everybody thought the pandemic was pretty much over China, suddenly started seeing its economy being far more affected by it than it had been before. So those are very major shocks at a point when the regime appears to be changing anyway. This has been a very unusual year. We do seem to be having many of these unusual years. In the most recent decade, but John, even if we knew what was coming for sure, even if we were absolutely guaranteed that something was going to happen, would a guarantee us a better return. It's not necessarily the case, is it? No. If you already discounted the good news ahead of time and just as well as the good news finally materializes, but it doesn't particularly help you at that point. Even if you know what's coming if the market is wildly overpriced in predicting what's coming, you could still come a cropper. You not only need to know what's coming, you also need to work out how well the market is positioned for it and things are bad, you also need to understand what the systemic risk might be. Right. So many of the other very interesting example this year, it's not a true black swan event because I don't think crypto is big enough. But some of the horrors in crypto were very major significant deals and obviously because it's crypto, which has only been around a little bit more than a decade. There's a lack of precedents for it. Luckily, would appear the crypto isn't linked enough with track 5. I have to call it a two. I love that. Yes, the traditional finance that is going to cause a systemic event in itself.
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"Welcome to Bloomberg opinion. I'm vonnie Quinn. This week, Stephen mim on The Bahamas, a haven and maybe more senses than one, and in less the geopolitics changes than the reliability of Kazakhstan as a source for most of the world's uranium is going to be contested. David fickling on how the uranium supply chain is a little too dependent on one nation for comfort. And later, we'll speak with Julian on China system of taxation. But first to the markets and John also is cautionary tale this week. Essentially, he says beware the barrage of predictions for 2023 flooding her inbox right now, and John joins us now. John, we come to the Roman calendar year end with a bunch of assumptions, including that there's often a so called Santa Claus rally and so on. So let's first ask, what does actually happen in terms of things like position squaring or profit taking or loss harvesting that we should be aware of in the run up to December 31st? Well, it's often known in Britain as bad and breakfasting. The idea of taking losses to give yourself an allowance to maximize your ability to offset capital gains is a lot of people have taken a loss of losses this year. You might well find that there's some confusing activity when that happens. And there's window dressing when people want to end the year with portfolios that make it look like they've been smart. Buying into stocks that have done well, even though it's almost exactly what they shouldn't be doing. It's difficult to work through exactly what that's going to imply for this year when, frankly, there was almost nothing you could have been in that would make you look smart. And it would be a great idea to prove that you were 95% in cash at the beginning of the year. You don't really want to be in that position now. So this is going to be strange final month of the year and next week we have the final inflation numbers followed immediately after by the FOMC. I suspect that's still overshadows absolutely everything else and will for the foreseeable future. I imagine that will Trump any of the excitement that would come with the end of the candidate. Right, and we're actually almost lucky that there are still catalysts that would be quite the long December. But something else that happens from early December usually as we get analysts predictions huge long research notes outlining self right assumptions for the year ahead and predictions. What are the wilder predictions that did catch your eye? Oh, I don't know how many I've been through, but this is the time of year when you get a lot of predictions. The good side of this is that it's a very good discipline to force yourself to sit down with a piece of paper with a spreadsheet and come up with a clear prediction. There's no question that that's a good discipline just like a college, it's a good idea to actually have to write an essay or whatever that actually publishing what you're expecting and what your assumptions are is a good idea. And a lot of the research that people produce at this time of year is pretty interesting. It's worth finding a way. That said, there's almost no point taking any notice at all of what they say for their final numbers, particularly for the stock market because the stock markets on a year to year basis is incredibly difficult to predict. And it tends to stock market rises by an average of 7 or 8% a year over time. It very, really rises by 7 or 8% in any one year. It tends to be up in double figures or a verification take a big fall. But it's unusual to get a year when it just gains about 7 or 8% even though on average. Over the very long term, that's what you can expect to get. But there is some usefulness to year ahead prognostication, though, right, even if it's only to knock people out of habitual thinking. I certainly agree that it's worth thinking through what you really believe. It would probably be more useful to try to come up with predictions 5 or ten years since. Right. Which are impossible, what obviously is so many unknowns once you've been to go that further into the future. But you then have a much clearer scenario now and you have much more of a grasp of what you see both the risks and the opportunities being. The longer you move into the future, it's a cliche but it is true that the more likely that the stock market is going to be well for you, but you still need to work out what criteria will determine exactly how well it does feel. Meanwhile, the fascinating thing wrote up with some research from Dennis Henderson is that analysts are pretty good at predicting how much companies will earn, what their profits will be. And for one year, that is almost useless. Yeah. So this year was all about a full in PE ratios, which almost nobody predicted. And earnings growth has been fine and almost exactly 9 people predicted. It doesn't help at all, explain what's happened on the markets this year or predict what was going to happen in advance. Right, and that's a real question. Has this year been an exception in terms of shocks or black swan events or are so called longer term trends still intact? My best guess is that it's probably a regime change year. I mean the regime that started to change in 2020. It was obvious that something was going to give and we're finally seeing that this year because inflation really is back and the correlation between bonds and stocks is breaking down. So a lot of those assumptions finally got shaken this year. And that is one of the interesting things about looking at all the research incidentally. There is more dispersion than they usually is, meaning that the greater uncertainty and people are admitting to great transactive because a lot of reliable models for the last 20 years. Working on top of that, we had one very major bona FIDE chocolates of course the invasion of Ukraine and frankly a shock that wasn't so much less in economic terms, which is zero COVID in China that when everybody thought the pandemic was pretty much over China, suddenly started seeing its economy being far more affected by it than it had been before. So those are very major shocks at the point when the regime appears to be changing anyway. This has been a very unusual year. We do seem to be having many of these unusual years. In the most recent decade, but John, even if we knew what was coming for sure, even if we were absolutely guaranteed that something was going to happen, would a guarantee us a better return. It's not necessarily the case, is it? No. The good news ahead of time and just as well that the good news finally materializes, but it doesn't particularly help you at that point. Even if you know what's coming if the market is wildly overpriced is predicting what's coming, you could still come a cropper. You not only need to know what's coming, you also need to work out how well the market is positioned for it and things are bad. You also need to understand what the systemic might be. Right. So many of the other very interesting example this year, it's not a true black swan event because I don't think crypto is big enough, but some of the horrors in crypto were very major significant deals and obviously because it's crypto, which has only been around a little bit more than a decade. There's a lack of precedence for it. Luckily, would appear that crypto isn't linked enough with transpire. We now have to call it the traditional finance that is going to cause a systemic event
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"Welcome to Bloomberg opinion I'm vonnie Quinn. This week, Stephen mim on The Bahamas, the haven and maybe more senses than one, and in less the geopolitics changes as in the reliability of Kazakhstan as a source for most of the world's uranium is going to be contested. David fickling on how the uranium supply chain is a little too dependent on one nation for comfort. And later, we'll speak with Julie ran on China system of taxation. But first to the markets and John alters this cautionary tale this week, essentially he says beware the barrage of predictions for 2023 flooding her inbox right now, and John joins us now. John, we come to the Roman calendar year end with a bunch of assumptions, including that there's often a so called Santa Claus rally and so on. So let's first ask, what does actually happen in terms of things like position squaring or profit taking or loss harvesting that we should be aware of in the run up to December 31st? Well, it's often known in Britain as bad and breakfasting. The idea of taking losses to give yourself an allowance to maximize your ability to offset capital gains is a lot of people have taken a loss of losses this year. You might well find that there's some confusing activity when that happens. And there's window dressing when people want to end the year with portfolios that make it look like they've been smart. Buying into stocks that have done well, even though it's almost exactly what they shouldn't be doing. It's difficult to work through exactly what that's going to imply that this year when, frankly, there was almost nothing you could have been in that would make you look smart. And it would be a great idea to prove that you were 95% in cash at the beginning of the year. You don't really want to be in that position now. So this is going to be strange final month of the year and next week we have the final inflation numbers followed immediately after by the FOMC. I suspect that's still overshadows absolutely everything else and will benefit foreseeable future. I imagine that will Trump any of the excitement that would come with the end of the candidate. Right, and we're actually almost lucky that there are still catalysts that would be quite the long December. But something else that happens from early December usually as we get analyst predictions huge long research notes outlining self right assumptions for the year ahead and predictions. What are the wilder predictions that did catch your eye? Oh, I don't know how many I've been through, but this is the time of year when you get a lot of predictions. The good side of this is that it's a very good discipline to force yourself to sit down with a piece of paper with a spreadsheet and come up with a clear prediction. There's no question that that's a good discipline just like a college, it's a good idea to actually have to write the essay or whatever. Actually publishing what you're expecting and what your assumptions are is a good idea. And a lot of the research that people produce at this time of year is pretty interesting. It's worth finding a way. That said, there's almost no point taking any notice at all of what they say for their final numbers, particularly for the stock markets because the stock markets on a year to year basis is incredibly difficult to predict. And it tends to stock market rises by an average of 7 or 8% a year over time. It very, really rises by 7 or 8% in any one year. Tends to be up in double figures or very occasionally take a big bowl. But it's unusual to get a year when it just gains about 7 or 8% even though on average. Over the very long term, that's what you can expect to get. But there is some usefulness to year ahead prognostications, though, right, even if it's only to knock people out of habitual thinking. I certainly agree that it's worth thinking through what you really believe. It would probably be more useful to try to come up with predictions 5 or ten years, hence. Right. Which are impossible obviously there's so many unknown once you'd be in to go out further into the future. But you then have a much clearer scenario and you have much more of a grasp of what you see both the risks and the opportunities being. The longer you move into the future, it's a cliche, but it is true that the more likely that the stock market is going to be well for you, but you still need to work out what criteria will determine exactly how well it does feel. Meanwhile, the fascinating thing wrote up with some research from Dennis Henderson is that analysts are pretty good at predicting how much companies will earn and what their profits will be and for one year that is almost useless. Yeah. So this year was all about a fall in PE ratios, which almost nobody predicted. And earnings growth has been fine and almost exactly in line with what people predicted. It doesn't help at all, explain what's happened on the markets this year or predict what was going to happen in advance. Right, and that's a real question. Has this year been an exception in terms of shocks or black swan events or are so called longer term trends still intact? My best guess is that it's probably a regime change year. I mean, a regime that started to change in 2020. It was obvious that something was going to give and we're finally seeing that this year because inflation really is back and the correlation between bonds and stocks is breaking down. So a lot of those assumptions finally got shaken this year. And that is one of the interesting things about looking at all the research incidentally. There is more dispersion than they usually is, meaning that the greater uncertainty and people are admitting to great transactive because a lot of reliable models for the last 20 years. Working on top of that, we had one very major Bonaparte chocolates across the invasion of Ukraine and frankly a shock that wasn't so much less in economic terms, which is zero COVID in China that when everybody thought the pandemic was pretty much over China suddenly started seeing its economy being far more affected by it than it had been before. So those are very major shocks at a point when the regime appears to be changing anyway. This has been a very unusual year. We do seem to be having many of these unusual years. In the most recent decade, but John, even if you knew what was coming for sure, even if we were absolutely guaranteed that something was going to happen, would a guarantee us a better return. It's not necessarily the case, is it? No. The good news ahead of time and just as well as the good news finding materializes, but it doesn't particularly help you at that point. Even if you know what's coming if the market is wildly overpriced in predicting what's coming, you could still come a cropper. You not only need to know what's coming, you also need to work out how well the market is positioned for it and things are bad. You also need to understand what the systemic might be. Right. So many of the other very interesting example this year, it's not a true black swan event because I don't think crypto is big enough, but some of the horrors in crypto were very major significant deals and obviously because it's crypto, which has only been around a little bit more than a decade. There's a lack of precedence for it. Luckily, would appear that crypto isn't linked enough with track 5. I have to call it a traditional finance that is going to cause a systemic event in itself. Given that the new year that we know and love or hate is
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"Push to provide services that will provide that recurring revenue stream that sort of flattens out boom and bust car cycles. Canopy is expected to launch in 2023. Larry kofsky, Bloomberg radio. Welcome to Bloomberg opinion I'm vonnie Quinn. This week, Stephen mim on The Bahamas, a haven and maybe more senses than one, and In less than geopolitics changes, then the reliability of Kazakhstan as a source for most of the world's uranium is going to be contested. David fickling on how the uranium supply chain is a little too dependent on one nation for comfort. And later, we'll speak with shuli ran on China system of taxation, but first to the markets and John altruism is cautionary tale this week. Essentially, he says beware the barrage of predictions for 2023 flooding her inbox right now and John joins us now. John, we come to the Roman calendar yearend with a bunch of assumptions, including that there's often a so called Santa Claus rally and so on. So let's first ask, what does actually happen in terms of things like position squaring or profit taking or loss harvesting that we should be aware of in the run up to December 31st? Well, it's up to learning Britain is bad in breakfasting. The idea of taking losses to give yourself an allowance to maximize your ability to offset capital gains is a lot of people have taken a loss of losses this year. You might well find that there's some confusing activity when that happens. And there's window dressing when people want to end the year with portfolios that make it look like they've been smart. Buying into stocks that have done well, even though it's almost exactly what they shouldn't be doing. It's difficult to work through exactly what that's going to imply for this year. When, frankly, there was almost nothing you could have been in that would make you look smart. And it would be a great idea to prove that you were 95% in cash at the beginning of the year. You don't really want to be in that position now. So it is going to be strange final month of the year and next week we have the final inflation numbers followed immediately after by the FOMC. That's still overshadowed absolutely everything else and will for the foreseeable future. I imagine that will Trump any of the excitement that would come with the end of the Canopy. Right, and we're actually almost lucky that there are still catalysts that would be quite the long December. But something else that happens from early December usually as we get analyst predictions huge long research notes outlining cell type assumptions for the year ahead and predictions. What are the wilder predictions that did catch eye? Oh, I don't know how many I've been through, but this is the time of year when you get a lot of predictions. The good side of this is that it's a very good discipline to force yourself to sit down with a piece of paper or a spreadsheet and come up with a clear prediction. There's no question that that's a good discipline just like a college. It's a good idea to actually have to write the essay or what about actually publishing what you're expecting and what your assumptions are is a good idea and a lot of the research that people produce at this time of year is pretty interesting. It's worth finding a way. That said, there's almost no point taking any notice at all of what they say for their final numbers, particularly for the stock market because the stock markets on a year to year basis is incredibly difficult to predict. And it tends to stock market rises by an average of 7 or 8% a year over time. It very rarely rises by 7 or 8% in any one year. It tends to be up in double figures or very occasionally take a big, but it's unusual to get a year when it just gains about 7 or 8% even though on average. Over the very long term, that's what you can expect to get. But there is some usefulness to year ahead prognostications, though, right, even if it's only to knock people out of habitual thinking. Essentially agree that it's worth thinking through what you really believe. It would probably be more useful to try to come up with predictions 5 or ten years since. Right. Which are impossible obviously there's so many unknowns once you'd be in to go that further into the future. But you then have a much clearer scenario and you have much more of a grasp of what you see both the risks and the opportunities being. The longer you move into the future, it's a cliche, but it is true that the more likely that the stock market is going to be well for you, but you still need to work out what criteria will determine exactly how well it does feel. Meanwhile, the fascinating thing wrote up with some research from Dennis Henderson is that analysts are pretty good at predicting how much companies will earn and what their profits will be. And for one year, that is almost useless. Yeah. So this year was all about a full in PE ratios, which almost nobody predicted and earnings growth has been fine and almost exactly 9 people predicted. It doesn't help at all, explain what's happened on the market this year or predict what was going to happen in advance. Right, and that's a real question. Has this Europe been an exception in terms of shocks or black swan events or are so called longer term trends still intact? My best guess is that it's probably a regime change year. I mean the regime that started to change in 2020. There was obvious that something was going to give and we're finally seeing that this year because inflation really is back and the correlation between bonds and stocks is breaking down. So a lot of those assumptions finally got shaken this year. And that is one of the interesting things about looking at all the research incidentally. There is more dispersion than they usually is, meaning that the greater uncertainty and people are admitting to great transaction because a lot of reliable models for the last 20 years. Working on top of that, we had one very major bonus lady chocolates, of course, the invasion of Ukraine. And frankly, a shock that wasn't so much less in economic terms, which is zero COVID in China that when everybody thought the pandemic was pretty much over China, suddenly started seeing its economy being far more affected by it than it had been before. So those are very major shocks at a point when the regime appears to be changing anyway. This has been a very unusual year. We do seem to be having many of these unusual years. In the most recent decade, but John, even if we knew what was coming for sure, even if we were absolutely guaranteed that something was going to happen, would a guarantee us a better return. It's not necessarily the case. No, if you will. The good news ahead of time and just as well as the good news finding materializes, but it doesn't particularly help you at that point. Even if you know what's coming if the market is wildly overpriced in predicting what's coming, you could still come a cropper. You not only need to know what's coming, you also need to work out how well the market is positioned for it and things are bad. You also need to understand what the systemic risks might be. Right. So many of the other very interesting example this year, it's not a true black swan event because I don't think crypto is big enough, but some of the horrors in crypto were very major significant deals and obviously because it's crypto, which has only been around a little bit more than a decade. There's a lack of precedence for it. Luckily, would appear the crypto isn't linked enough with transfer. We have to call it. I love that. Yes, the traditional finance that is going to cause a systemic event in itself. Given that the new year that we know and love or hate is not the new year, every geography or market. How do other markets do over U.S. holidays? That's an interesting one. Thanksgiving can create some very weird dynamics in the rest of them because there's no real holiday at all that it's complete shut down here in the states. Christmas it's interesting almost the other way that Europe really does just go to complete hibernation for a whole week. And the U.S. despite being a more religious country in many ways doesn't take Christmas so seriously. Yes. So you do get some very strange effects that way. In general, anything that happened in the last two weeks of the year though is so likely to be driven by low liquidity but it can really alter perceptions in a way it shouldn't. And also the fact that you mentioned China earlier, we have another new year coming up in a couple of months time. Well, the Chinese New Year really messes things around. You have to any Chinese data you have to start applying moving averages to and stuff or otherwise you just can't quite see what's happening because of the big shift scores by the moving
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"On Bloomberg radio. $500 per token for the asset that never sleeps, let's get some more color on the pre market equity trading with Bloomberg markets correspondent. Pretty good. Pretty what do you got? We got to talk about these tech earnings polls. Sure. It's enormous. Yes. Amazon, AMC, and your ticker. It is up ten and a half percent. I have to say, it was up as much as 12% so wait. Who's up ten and a half percent? Amazon. Wow. In the pre market, isn't that wild? That is good. And this, of course, is after they also I believe rallied quite a bit last night as well. I want to say to the tune of about 12%. You're looking at one 35 a share. This is enormous because they came out. I want to say swinging at a time when everyone was saying the consumer slowing down, a lot of business investment is slowing down as well. There's no way Amazon is going to make those numbers. Not only did they make them. They actually proved to everyone that the consumer exposure, the extra shipping costs, the inflation, they're going to navigate around it. And they actually are able to show that they increase their margins. That's enormous for a company, the size of Amazon, so a.m., zn is your ticket. 1.25 trillion market cap. Enormous enormous. Let's talk about Apple as well, because an a plus for Apple, it seems, at least that seems to be the trade this morning. 2.5 trillion market value. Exactly. It's wild. AAPL is your ticker up 2.8% this morning. And they actually talk about product growth here. Remember, apple is known for having that super secure supply chain that's kind of been their crowning glory. I want to say Tim Cook's big legacy. And they actually said, well, even with that economic slowdown, they still have some pretty good news, their revenue, their profit. It did top estimates. I wouldn't call it a massive beat, but it was a beat. And I think in this consumer facing company, in this environment, I think a little bit of a win here. Yeah. Absolutely. And I know Tim Cook was mentioning, you know, there's still supply chain issues. They probably had more demand that they could have filled for the iPhone and other hardware products, but the supply chain still challenged. It still is. And then I think what's almost interesting is we went into those earnings saying, well, there's a lot of inventory issues. There's a lot of retail issues here. So that's going to be a concern. Does Apple have to then start offering their iPhones on sale like they did in China do they have to do that for the rest of the world? I want to quickly hit those oil earnings as well because those are big ones. Exxon Chevron, another massive record profit that you saw Exxon shares XOM is your ticker up about 2% this morning. Chevron shares CVX as your ticker up 3.2%. Get this poll, they're increasing their buybacks by 50%. Enormous. I mean, so here's the question, you know, for just me, an energy consumer. Shouldn't you be drilling more or building more refineries to deal with the energy crisis? No, because they are being what analysts will call disciplined, returning cash to shareholders, paying off their debt, taking care of their creditors. That's what they want, I guess. That is what they want, but also look, there's this narrative, especially in the shale industry as well, and that there is no long-term point in long-term incentive to really build out those refineries when the administration is really pushing this EV narrative. Interesting stuff. All right. That's it. That is it. That's some good earning stuff. Big earnings, a big oil and big tech is right, and that's some really solid earnings news. And Lisa Ramos joins us here, and it's kind of been a little bit of an earnings week here. I know we had the fed, but the earnings are coming through pretty well, and that seems to be a catalyst for this market. Or not terribly. Not terribly. Exactly. But yeah, 20% about of the S&P in market cap reported earnings. On one day alone, but a significant proportion reported this week. And especially at big tech, they sort of lead the pack there. They do. And just some good numbers and we're going to have more coming up, obviously, next week as well. All right, face the nation. This Sunday morning, the CBS television network, John Dickerson, filling in for Margaret Brennan as moderator John joins us this morning, John. Thanks so much for taking the time here. I see you have senator Joe Manchin on your show this week. Penciled in. Boy, he seems to be at the center of every piece of legislation that comes out of our Congress. What are you going to chat about with senator dimension? Well, the piece of legislation that he's most directly at the center of at the moment, which is the reconciliation bill that he and Chuck Schumer worked out that has about $390 billion in spending and tax breaks for energy and climate, healthcare legislation that would help some of the 13 million people on the get their healthcare through the Affordable Care Act, reduce the cost of prescription drugs for Medicare recipients. So we want to talk to him about that. Of course, by Sunday, we might know what senator kyrsten sinema is thinking the other Democrat everybody watches in the tight Senate every man or woman as a king. And at the moment, kyrsten sinema is the one everybody's listening for. And then we're also going to talk about the inflationary aspects or deflationary aspects of the legislation with Manchin and senator toomey from Republican from Pennsylvania. We were speaking with Isaac boltansky earlier this morning of BTIG, a policy analyst, and he said that it was sort of shocking to him that they were able to keep this particular piece of legislation under wraps until they passed it, that Washington is not good at secrets, but this managed to be a secret kind of deliberation. What are you planning to ask him about the pushback from Republicans about his mixed messages and what he wouldn't support? Well, it's extraordinary. Of course, it hasn't passed yet, but it is extraordinary because when they announced the deal, they offered 750 some odd pages of legislative language, which requires a lot of tiny detail work that usually gets worked out after these deals are announced. So the fact that all the lawyers and legislative scribes were able to put this into language is really amazing that didn't leak. The Republican response has been essentially why did you change your mind on inflation, of course, and then secondarily, actually, as a practical matter, Republicans were always going to be against this bill. It doesn't need them because it can pass with 50 votes. But some Republicans are now saying that some of Manchin's other priorities on electoral reform and other things that require 60 votes, which means finding ten Republicans that now they're sore because this is going to pass and that they might not join in those other pieces of legislation. So then the question is, was that a part of your thinking, what do you say to those Republicans and get his thoughts on that? Because that means there is a cost here that goes kind of outside of the bill itself. So it's interesting, John, I mean, here we are in the dog days of summer, but boy, November is just around the corner. What is the feeling in Washington these days? As to, I guess I can phrase it is how difficult it might be for the Democratic Party come, the midterm elections. Well, the clouds are dark. I mean, Joe Biden's approval rating is low, presidential approving and approval and national politics have increasingly for the last 20, 30 years played a role in midterm elections. The out party is usually more enthusiastic than the in party polling shows that consistently abortion, which is after roe V wade, some people thought might energize the democratic coalition polling doesn't show a great deal of energy there. If this passes, it would be good for Democrats, but Republicans are quite energized. And so it's very likely Republicans will be energized too by passage or something with 50 democratic votes. So it still looks like a pretty tough future for Democrats. One little wrinkle is some of the Senate candidates who are running as Republicans in key states like Georgia, Ohio, Arizona, are having some stumbles. And so you have democratic candidates polling ahead of where the national party is. Any candidate who can delink from the bad national atmosphere might keep the Senate in democratic hands. That's probably the best bright spot for Democrats at the moment. All right, John. Excellent stuff. Thank you very much, John Dickerson, CBS television. Face the nation. This Sunday morning, you can hear John Dickerson this week on Bloomberg radio as well. Listen to face the nation Sunday. At 2 p.m. in New York, Washington, D.C.
Bloomberg Radio New York
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"Up 3.4% today recapping tenure yield 2.78%, S&P up one O two up 2.6%. I'm Charlie pellet, that is a Bloomberg business flash. Gotta say my stomach's turning a little bit because shares a meta man, they've been bouncing around in the after hours still down about 1.6%, but I saw at one point that they had kind of come up to almost just like a slight loss. So investors continue to go over those earnings. Buckle up, okay? That's a lot. That's really what it comes down to. Let's bring in John Ehrlich Minnie's the co host of Bloomberg markets on Bloomberg television, John joins us this afternoon on the phone from Toronto. John, I want to keep diving into meta platforms with you. As we mentioned, the company missed in the most recent quarter on the top line and the bottom line. And then it was really the guidance for the third quarter that I think has investors spirit coming in really light versus estimates. What are your key takeaways? Well, I think Charlie highlighted the macro story that has been playing out Tim all earnings season, the fact that advertisers are going to start to get a bit skittish, even if the likes of meta already have a large stable of advertisers and might be in a better place. I mean, who knows at the end of the day, but maybe in a better place than some of the other players out there, whether it's a snap or a Twitter. But I think there are a few legs to the stool and when advertisers are willing to pay money outside of the economic conditions, they're looking for reach, they're looking for scale. And we've talked before about apple's privacy changes, which in many ways are changing the story of meta is the ability or Facebook's ability to track users as they may have in the past. That's probably a good thing for people concerned about privacy, but it could have a little less of an impact on the advertising side and then everybody's been talking about the continued rise of TikTok. And I think when it comes down to engagement, even if you've got as many users as many eyeballs as meta has, you know, the hot game in town is the one that tends to start to get a lot of advertiser attention, marketing officers who are told, well, how come we aren't looking more at TikTok versus, let's say, Instagram. And I think that kind of gets down to it. You know, we spoke with Mandy saying over at blueberry intelligence a little earlier, John, and he mentioned the idea of ad load and Facebook making up for weakness in terms of ad pricing with basically ad frequency. And I'm wondering about alienating us, the end users here. And into what extent, if we just open Instagram or open Facebook and it's all ads, it further turns us away at a time when they're having trouble keeping these apps sticky. Well, this one's going to be the interesting twist because we're talking about a company that had its stock price, what lose half of its value this year coming into these earnings. And there have been a lot of people that have been looking at the mass of meta. The fact that this company has boatloads of cash upwards of $40 billion, I think they just reported now. They just told the street that their expenses for the year are actually likely going to be less than what they previously had forecast. And if you go from the bottom end of their new range versus the top end of their previous range, that could mean $7 billion less in spending and then coming back to the user experience, Tim. Ultimately, if they are finding ways to focus their spending this year on making the product better for advertisers as opposed to all that spending, they previously were going to do on the metaverse. This is kind of the recipe for the stuff that investors generally get behind. So it's going to be that balancing act, I think. Yes, maybe there are some concerns on ad loads for you the user, but this could end up being an encouraging sign for investors for a really hard hit stock. You know, John, I do think about in terms of the ad spending. How we compare because one thing we did talk about with mandeep is comparing what Google had versus what we got from meta and Google seem to do okay. And I guess it speaks to our met as customers versus who are googles and we need to think about that that all these companies talking about ad spend generally. We have to remember exactly the markets that they're playing in. Very true, very true. And I think, you know, one of the takeaways so far in earnings season, people use the example with Microsoft two. It just feels like if you've got a tech business that has a wider coverage of business units, Microsoft, having exposure to ads to the LinkedIn. But that's not the whole pie. At the end of the day, I think coming into this quarter, we knew there were going to be some challenges and met up basically confirming that. And so there is going to be that near term concern on the revenue year over year being lower for the first time in history. We got so accustomed to those top line beats and growth from this company. By the way, it was earlier this year that we started to see for the first time the user numbers creeping down. So I think that the story of meta as a value play is getting attention from investors, the longer term story is still that metaverse interest. It's incredible. Okay, 30 seconds left, John. Where does apple fall in on this? Is this basically did Apple? I mean, is it too early to say that Apple led to the destruction of Facebook? Well, I think it's definitely if we want to put it into thirds right now, the economy, the TikTok competitive pressure, and then the apple privacy reality, absolutely, it's playing a role here, and we'll see what Apple says this week about the privacy store, but let's also wait to hear what Matt has to say on their earnings call could provide a little bit more color on where exactly that pain point is sitting right now. So much great information. All right, John, thank you so much, John ehrlichman co host of Bloomberg markets on Bloomberg TV on the phone from Toronto, meta shares, still down about 1.8% in the after hours, but definitely off some of the earlier lows. Also following earnings Ford, it is up more than 6% in the aftermarket. Best Buy, which also came out and said, second quarter comp sales to decline about 13%, we're seeing that stock down about 3% in the after. I was in Qualcomm out with their results and their down almost 4% in the aftermarket, Tim. All right. Well, let's get a check of world
Bloomberg Radio New York
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"On Bloomberg radio. All right, well, we are already there, a shy of ten minutes from the market closing as we heard from Charlie palette. We are near our best levels of the day the NASDAQ surpassing 3% the S&P 500 higher by more than 2.7%. Really eager to hear what John barranco has to think. He's chief investment officer of fundamental investments at all spring global investments. They've got about $540 billion in assets under management. John joins us this afternoon from Mina Mani with falls Wisconsin. Excuse me, John, apologies to everyone in Wisconsin. John, how are you? I'm doing fine. Thank you. It's good to have you with us. Give us an idea of how to read into a rally like this because earlier in the program, I was on the show saying that asking the question to Katie is the worst behind us. And a listener got in touch and was like, listed off all the reasons why it's not. Stubbornly high inflation. Why you were wrong? Why was wrong? Yeah, I read it out loud to Katie. We haven't started the balance sheet unwinding yet. We haven't even had layoffs. Where do you think we are? Well, it's certainly a nice to have a relief rally. And I have my screen green today. I would say that the market, I think, is in a show me state and we've gone through pretty extensive periods here where we've had a lot of bad news and I would say excesses taken out of the system and areas like certainly equity multiples and zero interest rate environments and cryptocurrency and the backing out of Central Bank stimulus and so I think we're in a transition period here and then the market really is Anita evidence. Really and I think evidence that inflation is speaking, evidence that we're moving down a path of hopefully towards a soft landing relative to a recessionary outlook. But it's a tough time right now for sure. It's a period where there's a lot of uncertainty. But I think also to your earlier point, certainly a lot of opportunity as well. And in this sort of transition period, I mean, a trend that I've been noticing, just zooming out from today's action in particular is that it seems like there's this real hunt for income that people are trying to add income versus just going after equities and taking a more cross asset view when it comes to portfolio allocation. And I'm coming at it from the ETF side of things because that's what I cover in my day job. And just the number of filings of income focused funds has been really interesting to watch. And I'm curious whether that's top of mind for you as well as the chief investment officer. I think it is. Certainly with the rate environment moving higher, it's created a great opportunity for locking in income, especially for investors who are willing to hold bonds to maturity at the short end of the spectrum. I also think that that income flow with respect to equity income provides a level of stability as it relates to kind of future returns. And typically companies that are paying a strong and growing dividend yields are those that are financially in a good place right now. And so as you look at migrating through challenging economic environment, I think companies that are in a position where they have strong balance sheets and really can navigate a world where Anywhere though, because coming up next, it's our countdown to the close or beyond the bell with our colleagues from Bloomberg TV on radio on YouTube and on Bloomberg TV. This is Bloomberg businessweek, and this is Bloomberg radio. Beyond the bell, Bloomberg's comprehensive cross platform coverage of the U.S. market closed starts right now. Are about just two minutes away from the end of the trading day. Caroline hi, Taylor rigs Gina Martin Adams, counting you down to the closing bell county down to the earnings
Dad Devotionals: Advice for Christian Fathers, Husbands and Men of Faith
"john joins" Discussed on Dad Devotionals: Advice for Christian Fathers, Husbands and Men of Faith
"Dot com. It's great to be with Sean again because he appeared in episode 45 of the show, so be sure to check that out. Our featured guest today is John stange. John is the lead pastor of core creek community church in langhorne, Pennsylvania, my old stopping grounds. And he's also an adjunct professor at Karen university. He's the author of dwell on these things. A 31 day challenge to talk to yourself like God talks to you. This debuted just last year in 2021. John Wilson hosts three podcasts, the chapter day audio Bible, daily devotions with pastor John and dwell on these things, which have been collectively downloaded more than 5 million times. John joins us in the show and we're talking today about developing the mindset of a leader to enjoy the program. John, welcome to dad devotionals. It's great to have you. Thanks, David. It's great to be with you. Absolutely. Our topic today, gentlemen, is the mindset of a leader. So let's dive right in before we begin. John, tell us a little bit about the book as we get started here. Why did you write it? It's interesting. So I've been serving in pastoral ministry for about 25 years. And a big part of that involves preaching and another big part of that involves counseling. And I've noticed that frequently the messages that we think we agree with don't always end up being the very things that we're preaching to our own hearts. And so I think of this from the standpoint of putting together a sermon each week and I'm preaching different things to our congregation that are based on what scripture says. And then I ask myself the question, am I preaching this same message to my own heart? And frequently I would notice different areas in my own life where I wasn't really preaching that message to my own heart. I was preaching that to other people and believing that, but not really applying it to myself..
Bloomberg Radio New York
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"And it's now 6 O 7 on Wall Street 17° in Central Park We've got an accident on the eastbound cross Bronx expressway details coming up in traffic first John Tucker with more on what's going on in New York and around the world John Nathan New York City has fired the unvaccinated workers following a deadline the story of this morning from Bloomberg's Jeff Bellinger More than 1400 public sector workers in New York City were fired over their refusal to get vaccinated before the city's mandated February 11th deadline Most were Department of Education employees the terminations make up less than 1% of the city's 370,000 member workforce about half of the 3000 employees originally at risk for being fired decided to get vaccinated before the deadline Mayor Eric Adams characterized the employees termination as quitting saying they're choosing to leave their jobs by not following the rules Jeff Bellinger Bloomberg daybreak The Trump organization's accounting firms as a decade of financial statements for Donald Trump can't be relied upon the firm mazers also says it won't do any new work for the company Declaration by an accounting firm that it's dropping a client and backing away from prior financial statements is historically a red flag without companies financial condition not what it appears to be New York's attorney general is investigating what she says was a pattern of potential fraud he involving the manipulation of valuations of key Trump properties A high-speed Amtrak trade headed from Boston to Washington with more than 100 passengers lost power It got stuck in New York City for almost 7 hours The assembly train left Boston on time yesterday morning but got stuck at the hunter's point neighborhood of queens The train was moving again as of three 20 yesterday afternoon after a rescue engine arrived to move it into moynihan station in Manhattan And a federal judge says he'll throw out a defamation suit filed by former Alaska governor Sarah Palin against The New York Times That comes even as jurors continue to deliberate it The Manhattan judge said that Palin failed to present enough evidence If the jury rules and pay favor of Palin it would then be up to the federal appeals court to choose between the two outcomes And the European Union's top diplomat says he strongly believes that a nuclear accord with Iran is inside An agreement would allow ran to return to global oil markets in exchange for rolling back significant advancements in its nuclear activity Global news 24 hours a day on a run on Bloomberg quick take Powered by more than 2700 journalists and analysts in more than 120 countries I'm John Tucker This is Bloomberg Nathan Thank you John Join up to 6 ten on Wall Street time for the Bloomberg sports update with John Stan shower All right Nathan Knicks back home from a one in four road trip they blew leads in three of those losses in a two of them those leads with more than 20 points that the garden they were up 11 on Oklahoma City a team that's not very good when healthy and the thunder without their top two scores but sure enough OKC came back in one one 27 one 23 and overtime two rookies led the way 19 year old Josh giddy 28 points in a triple double train man scored 30 police Randall had 30 and a triple double for the Knicks you've now lost 9 of their last 11 The nets had lost all of their last 11 the skid is over one O 9 85 over Sacramento Ben Simmons just acquired from Philadelphia is with the nets He hasn't played in a game since last summer Nets coach Steve Nash on when his new point guard will make his Brooklyn debut That's on the performance seat you know they're gonna walk through an assessment in his return to play and ramp up on all that He has been a long period of non MBA activity So we'll see how they how they put his program together and how long it takes Next visit the next tomorrow night rangers us the bruins night rangers first game in two weeks The X met Matt Harvey will be on a witness stand today a former employee of the Los Angeles angels is on trial for contributing to inglis picture Tyler skaggs dying of a drug overdose of his earlier testimony that party was involved.
Bloomberg Radio New York
"john joins" Discussed on Bloomberg Radio New York
"New book speed and scale dives into how we can reach net zero global emissions by 2050 John joins us now John wonderful to have you back on the show Your daughter I understand actually inspired you to write this book What did she say that sparked you to action Well this all started 15 years ago after we watched Al Gore's movie You remember an inconvenient truth Well Mary dor was an inconvenient youth because dinner that evening we went around and said how do people react to it Mary said to me dad I'm scared and I'm angry Your generation created this problem You better fix it And I was speechless The room went silent Honestly I didn't know what to do And so partners of mine and I decided to learn more about the climate crisis And as you know we traveled the world visited labs We went to the Amazon to China we started investing And over the course of three funds invested a $1 billion in some 70 or so ventures Many of them failed It was really hard And in fact some gave up said we should give up We stood by those entrepreneurs and today their shares are worth some $3 billion But more than the money companies like beyond meat or quantum scape have really set a course to drive others to take action in me without needless proteins and better batteries as an example But what I know now is it's very clear We're on the verge of a catastrophic and irreversible climate crisis And so we've got to act And more than anything else what we need is a plan Okay Let's talk about that plan because you have one Everyone talking about reaching net zero by 2050 How are we gonna do it Well it turns out there's 6 big buckets of opportunity to reduce 59 gigatons of emissions to net zero by 2050 or sooner And those 6 simply are to electrify our transportation clean up our grid with solar and wind to fix our food systems to protect nature and then to.
WJR 760
"john joins" Discussed on WJR 760
"They committed choirs, high climbs, Uh and they need to and are being held accountable. So he didn't give his. You know it wasn't a shooting from the hip. He didn't want to give his opinion, he said. I'm going to rely on the facts and to date there is nothing that would suggest that he was to blame. John Celik is the founder and CEO of Harbour Strategic, a longtime political observer and operative, and John joins us Live with this very difficult line. That the chief has to walk. Hi, John. Hey, guys, How you doing? Good as you listen to this, and I mean, he obviously has been coached, and he's trying to step very carefully trying to show loyalty to Donald Trump and yet saying, Look, I'm not going to be defined by him. Was that the smart answer? Yeah, I think it was. I mean, if you can't stand up and say, Hey, this is about me. It's not about somebody else who also is going to do that for you. Um, certainly the media right now It's not going to do him that favor and I think there's probably somewhat of an element of the fact that that event was in Detroit yesterday. And that means he is around TV reporters and others that know him well and aren't afraid to engage him and challenge them on things. You know, sweats from being Law enforcement to being a politician, and they want to flush that out a little bit more. And so they're not going to do them any favors, you know. Strategically had been talking about this stuff you know a month ago would have would. Yesterday's headlines been all about his law enforcement policy that he's working on? Sure. We don't know it could have helped. But on the other hand, you know that the Democrats are waiting to label him as a trump clone. Just like they're going to label any GOP anatomy and the media is going to keep asking about that stuff. It's not going to go away because Donald Trump is not going to go away. So we'll keep talking about this for the rest of the campaign. That's that's something you can count on. Well, what was interesting is I I would have expected him to maybe give him more full throated condemnation of what happened on January 6th and the way officers were treated. I would have expected him to work his that way that kind of Burbage into his answer. But one thing he did say is that he says, Look, I'm just trying to be consistent here. Lawlessness is lawlessness. I want you to listen to this and get your reaction Cut. Three. It doesn't matter the ideology. Took the same position on those who burned cities across our country. Who committed crimes. And frankly, nobody ever wants to talk about that, In fact, so many Haven't been held accountable. For their actions. That's tragic and it's hypocritical. Crime is a crime and Do base. My view on issues. Because that's right. On a proper investigation. That's an and I understand that it is he trying to have it both ways there or is that a workable answer as we move forward? Saying Look, lawlessness is lawlessness. Right. That's the best answer he could have. And it really does fit with. You know his perspective as a police officer as a police chief, But there needs to be an investigation. There have to be proof. And he what? To me. What I heard was he was willing to call out people on either side who are breaking the law in your clips. He called out the people who committed what he said were high crimes at the Capitol, and they absolutely were and they should throw the book at him. He also wasn't going to sit by and let anybody burned down Detroit or smash and break and burn things so Um, he is walking in line there guy. There's little doubt about that, and what he's hoping to do is to get over to be talking about law enforcement, which is a strength. I think it was smart yesterday that he tried To start off with an event like that, and he was surrounded by some of the leading law enforcement professionals in southeast Michigan. While he's talking about that yesterday Donald Trump's £800 gorilla in Republican politics. He doesn't seem to be going anywhere..
WGN Radio
"john joins" Discussed on WGN Radio
"Hijacking with a firearm and armed robbery. He was taken into custody late Wednesday after officers say they witnessed him getting into a vehicle that had been reported stolen. Illinois hit a new milestone when it comes to coronavirus vaccinations. WGN's Lauren lap to reports more than 95,000 vaccines were administered in Illinois Thursday, a new record high right now the states averaging 59,000 shots daily. 10% of Illinois's air now vaccinated against Cove in 19, and the past 24 hours. 2598 new coronavirus cases were reported, as well as 32 additional deaths. Statewide positivity rate is 3.1%. More lap. Good. WGN news, learning more about just how effective current covert 19 vaccines are against a new variant of the virus found for the first time in Illinois. Dr. Michael Bauer is medical director at Northwestern Medicine Lake Forest Hospital. He argues their effective to a limited extent. These studies are done sort of in the lab in test tubes, not in the human body. So while we look at How well the antibodies are able to neutralize the virus. It may appear less efficient at neutralizing him, but it's still work. The new very it was found in a Rock Island resident. It's the first known case in Illinois First scene in South Africa. Bauer John joined, Rather w Chance. John Hanson Vaccination sites for Chicago Public schools. Staff members start next week more from WGN's Bob Kessler, CPS announced school based vaccination sites, which allow for a total of 1501st.
The Paul Finebaum Show
"john joins" Discussed on The Paul Finebaum Show
"Butch jones suddenly looking better. Jeremy pruitt gone today. John joining us. These senior sports editor at aol dot com and john. It is great to have you with us. We've talked about the possibility that pruitt would be gone. He is now gone. Fulmer out as well. Your reaction another stunning day on rocky. Top back on again paul. You know. I think that the part that i guess is maybe the most surprising to me is the phil fulmer component <hes>. Because as you know we talked about the past you know there's obviously been you know. Rumors swirling about tennessee. Possibly moving on from jeremy pruitt for a while. I think a lot of people in the industry thought when that first report came out that tennessee was looking into <hes>. Potential recruiting violations under pruitt that was signaling that they would like to fire pruitt with 'cause a four forecast which you know they've made very clear that is what they are doing. The former component is a little different because he is such legendary person with that blake department <hes>. From his time as a football coach and you saw today in that press conference just the these university leaders really going out of their way to praise him and talk about how he's at tennessee. Ledge all those different things. So i think you know fomer kind of getting pushed aside <hes>. Calling it a retirement. But i think there's a little more to that is probably the most interesting component of this to me because now it means you not only have to fire new. Find a new football coach but you also have to find a new ad. Do you think john. It was the contract extension. That former gave jeremy pruitt attorney was the final tipping point for him. I would imagine it's probably a lot of different you components to it because you know hey we have to remember this. Was you know fomer higher to begin with you know as that whole crazy. Coaching search point out and former becomes. Ad then hires jeremy pruitt. I also think. I mean if you were watching that press conference today paul. You know felt like you know so. It's still in some ways defending pruitt. They're asking him about how pruitt would be remembered and he talks about how you know recruiting had been good <hes>. Which is obviously ironic considering that they fired him in part because of recruiting violations and fired nine people in total <hes> also tied the recruiting department <hes>. But also just the way that he was talking about how pro had rebuilt relationships and all these different things it felt like to me at least that former was not out on pruitt as a higher to that point. So you know part of it could have been simply that you feel wasn't ready to move on from pruitt and it s part became what we're gonna make just wholesale changes here and i think if you remember paul you know one of the reasons why earlier in the year before we knew about all these recruiting violations. I was always a little skeptical. Pruitt getting fired in part because it would reflect poorly on former. And i didn't think four would want to move on from his higher <hes>. Like you said he just gave an extension to after only three seasons as the head coach
The Paul Finebaum Show
Vols firing Pruitt with cause after investigation
"Butch jones suddenly looking better. Jeremy pruitt gone today. John joining us. These senior sports editor at aol dot com and john. It is great to have you with us. We've talked about the possibility that pruitt would be gone. He is now gone. Fulmer out as well. Your reaction another stunning day on rocky. Top back on again paul. You know. I think that the part that i guess is maybe the most surprising to me is the phil fulmer component Because as you know we talked about the past you know there's obviously been you know. Rumors swirling about tennessee. Possibly moving on from jeremy pruitt for a while. I think a lot of people in the industry thought when that first report came out that tennessee was looking into Potential recruiting violations under pruitt that was signaling that they would like to fire pruitt with 'cause a four forecast which you know they've made very clear that is what they are doing. The former component is a little different because he is such legendary person with that blake department From his time as a football coach and you saw today in that press conference just the these university leaders really going out of their way to praise him and talk about how he's at tennessee. Ledge all those different things. So i think you know fomer kind of getting pushed aside Calling it a retirement. But i think there's a little more to that is probably the most interesting component of this to me because now it means you not only have to fire new. Find a new football coach but you also have to find a new ad. Do you think john. It was the contract extension. That former gave jeremy pruitt attorney was the final tipping point for him. I would imagine it's probably a lot of different you components to it because you know hey we have to remember this. Was you know fomer higher to begin with you know as that whole crazy. Coaching search point out and former becomes. Ad then hires jeremy pruitt. I also think. I mean if you were watching that press conference today paul. You know felt like you know so. It's still in some ways defending pruitt. They're asking him about how pruitt would be remembered and he talks about how you know recruiting had been good Which is obviously ironic considering that they fired him in part because of recruiting violations and fired nine people in total also tied the recruiting department But also just the way that he was talking about how pro had rebuilt relationships and all these different things it felt like to me at least that former was not out on pruitt as a higher to that point. So you know part of it could have been simply that you feel wasn't ready to move on from pruitt and it s part became what we're gonna make just wholesale changes here and i think if you remember paul you know one of the reasons why earlier in the year before we knew about all these recruiting violations. I was always a little skeptical. Pruitt getting fired in part because it would reflect poorly on former. And i didn't think four would want to move on from his higher Like you said he just gave an extension to after only three seasons as the head coach
Newsradio 700 WLW
"john joins" Discussed on Newsradio 700 WLW
"Situation, but it does put a lot of pressure on a few other players. I think, especially when you look Brian Griffin, who has played well, we'll get more minutes now, Joe. He's been really good, especially in the last game against Saint John's joined only 14 minutes. He had seven points and eight rebounds on the year. He's averaging about five points and five rebounds. Playing 13 minutes a game. Definitely expect that to go up. It sure would be nice to have a guy like Deante miles in the lineup right now, but he's been hurt with a hip injury. So you know Xavier's down two of their big their bigs and Deonte Miles and Ben Stanley. So Now, you know, it puts even more pressure on on everybody, especially that the Xavier Wings to provide more of a scoring punch. And, uh, I'm real curious to see how it's gonna affect the rotations and the bench play with Xavier, in essence, only having three Biggs right now, there, you were gonna have to play smaller longer in the opponent, The Providence friars. They can grind you down in the paint job. They got this year's version of Tyree Jones and Nate Watson. He's just a big bully down low. He's strong. He's 6 ft. 10 £265, and he's just looking to mash you and just maul you down low And if if you don't He will. I mean, he's averaging 18 points and seven rebounds a game. He's a senior. He's experienced, Um and he's probably the strongest player in the Big East and the way Providence.
True Crime Brewery
Stolen Lives: The Skelton Brothers
"On the day after Thanksgiving in two thousand ten ten years. Zuber's reported her Three young sons missing from her home in Miranshah Michigan. Her husband was supposed to bring the boys back to her on Friday morning but he never did. The couple had been living apart in plan to divorce Andrew. Nine Alexander. Seven and tanner just five years. Old had spent thanksgiving Thanksgiving Day with their father. John Skelton Win Tan. You tried to get them back the next morning. John told her that they were with a friend of his. John then turned up at a hospital. Following an apparent suicide attempt in the years since family and authorities have searched for the skeleton. Boys is without success. John Skeleton has refused to disclose their whereabouts. As time passes the chances that the boys will be found alive continued. Can you to dwindle today. The quiet end. We're discussing the details of the Skelton case and the possibilities of what happened to these three young boys in stolen lives. The skeleton brothers will go over family history and the timeline of events in an effort to better understand what happened and if anything can be done to bring these boys home. So we've got a Nice Michigan Beer for you today. From one of my favorite breweries. This is is K B S Espresso. KCBS stands for Kentucky Breakfast Stout and it's got coffee in it hence the Espresso. This beer is is an American imperial stout clocks in at twelve percent alcohol by volume. So you and I will be splitting our twelve ounce serving the beer is from founders. Brewers I said located in grand rapids. It's a black coloured beer little tiny tan head but did leave a little bit of lace on the side it is a glass and when you get the aroma. It's boom coffee just smacks you in the face. Ladda coffee little bit of chocolate taste. I follows the nose big hits of Espresso followed by some chocolate and the end of the SIP. You can get a little bit of Vanilla. This is a big bodied beer. Little bit on the dry side which is fine with me very nice beer. Let's open it up. Then you got it and off. We go to the quiet end where it's pretty quiet all right. That's descriptive descriptive. Well why don't you go ahead and start the story. I mean it's it's a difficult one it is and you would like to think that the kids are you're still around somehow and all their father has to do is tell us where they are exactly. That's the frustrating part. But I don't think they're around anymore. The skeleton family lived in Marinsky Michigan in two thousand ten and Miranshah small town populations about three thousand as located near. You're the Ohio border. The father John Skelton was raised in Jacksonville and he is thirty nine years old when his three sons went missing when he finished high school John joined the army a move several times he lived in Washington. DC worked at Walter Reed National Military Medical Center in Bethesda Maryland it also spent some time in Alaska and California and eventually he became a truck driver. He and Tania Nia married in two thousand and two actually Tan Ya. I know that doesn't seem right. But that's how she is said that she wants pronounced. Excuse me we'll start over John. Tanya married in two two thousand and two now they had both been married and divorced was previously tenuous first husband filed for divorce from her after she is charged with criminal the Middle Sexual conduct more on that later. According to many people including Tanya John knew about this conviction now John worked for several years and Tanya stayed home with the three kids according to tenure the problems in their marriage began after John Lewis is job job following a Dui yes so Tanya filed for divorce from John Skeleton Back in September of twenty ten before that attenuates say that their relationship was pretty good but Tang you did have history. Tanya had two older daughters from her previous marriage and and she did have a large support system of friends and family nearby but she was far from perfect years before her sons went missing before she even knew John Skeleton. TANU had sex with a fourteen year old boy and she was convicted of fourth degree. Criminal misconduct for this in the late. Nineteen he nineties. But it's believed they. John knew all about her past before he became involved with her but still he would end up using this as ammunition against Hanya claiming naming that she had been sexually abusing his sons when he abducted them. And that's where he took them. He wanted him out of the house right. That was his claim. It's very difficult to believe John. Skelton will find out because he has an ever changing narrative. Yes he does so in September of two thousand ten and John Thiel Tanya that he wanted to move the family to Florida. His parents still lived in Jacksonville where he had been born and had recently gone to his high school reunion there so he had as we said lost his job in Michigan after his Dui conviction and in Florida he told Tanya he could get a job. Bob and the boys could get to know his family now. Tanny didn't WanNa live in Florida and she also had that felony conviction on her record. which meant that? You'd have to fulfil oh specific requirements with the state of Michigan before she would be allowed to move. It was Monday September thirteenth. Twenty ten when John said that he he was leaving for work but that afternoon he signed the three boys out of school. The school called and left a message on Tanis home phone and the school schools secretary had called because she was confused. Tenure had brought the voice to school that morning and dropped off their medicines and lunches and everything but John came in that afternoon said that the family was going on a vacation to Florida and sign them all out of school early. So tenuous confused. She called John After after speaking with the school secretary but he was very vague claiming that he discussed with her taking a family trip to Florida and she had said she didn't want to go with them but Tanja said wait a minute. We talked about maybe moving to Florida and I was looking into it. There was no talk of a family vacation. So it's not really making sense. Let's not sure doesn't bear we've got two divergent reports here. So a friend of ten is called the Miranshah police and spoke with chief Larry weeks weeks offered to mediate between Tan. Yan John so he contacted John and he learned to John and the boys were still in Morandi. John had also set up a meeting with an attorney. This didn't make any sense at all right. And if you supposedly going on vacation in Florida why is he doing all this stuff. Exactly exactly. He's up to something joined told chief weeks at. He is taking the boys with him to see the beach and they were being Florida for three to four weeks so this just this wasn't right. Tanya s John he was taking the boys out of school when the school year had just begun then. He said that he would enroll them in school down there which was even even more confusing. I mean the entire situation was raising some red flags. If this was a vacation why would the boys be getting enrolled in the Florida schools. Also she knew. He couldn't enroll them without their birth certificates and she had those so she tried stalling him for time as her adult daughter's met with an attorney on her behalf and the attorney told her daughters that the only way for tenure to stop John from taking the boys to Florida would be for her to file for divorce divorce from him and ask for emergency custody of the children so things escalated quickly. Where the sure did could it would sound to me? Like he was planning Dan taken into Florida and staying Florida absolutely now. He's going to enroll in school and stuff so share. That's the worry very much so so at this point. John's been driving around town with the three boys. Tenuous stalling him and she said I'm going to look for the boys birth certificates so Johndroe back to the house. Once he's at the House tanny pretended to be looking for the birth certificates. You know she knew where they were and she was stalling until daughters could return with the legal paperwork and then an officer was prepared to serve John with the papers which would make it illegal for him to leave the stay with the kids. Yeah but coincidentally it ended up that both Tan Yan John had met with the same attorney. But because Tanya's daughters had met personally finally with the attorney and paid him before John did Tanisha was the one who retained his services so unfortunately the attorney's office called John and told told them that they couldn't keep their appointment with him because Tanya had hired him and this set John Off. I mean he was furious now he felt like she was trying to trick cam so John left the house angry of course but he did leave without tanner the youngest boy because tanner had come into the house and was kind of hiding behind behind Tania's legs so John Yelled at him to get in the car because his mother was lying to him but he just cried and didn't go to his father Tian her friend protected checked tanner from being taken by John but the two older boys Alexander and Andrew were outside playing and John was able to order the older two boys into his van Tangy told him he couldn't take the boys but he ignored her. The papers for custody were prepared. But you know John hadn't been served with them yet so. John sped out of the driveway in his van. With Alexander and Andrew tenuous sister happened to be walking up the street toward the House and John Nearly hitter hitter with van but fortunately she was able to jump out of his way but John Actually left just minutes before Tana's daughters arrived with the divorce papers in hand the end so John was able to escape Michigan with his two oldest boys and he drove all the way to Florida. The next day he allowed the boys to call their mother. It was her birthday. They actually and they told her that they were swimming. And staying at their daddies friend's House Hillary but ten. You didn't know who Hillary was. She was actually one one of John's friends from his class reunion which he had recently attended down in Florida and he talked to Tanya About Hillary after he'd returned from that trip so Tanya was able to find Hillary's address and contacted her attorney and he gave her papers which gave her exclusive. Custody of the voice Tania Tania's mother intangible. Two daughters drove to Jacksonville to pick up Alexander Andrew and to bring them back home so by that Friday they met with a sheriff's deputy to accompany them to Hillary's apartment complex and the deputy was able to serve papers to John and take custody the two boys the local district court and the sheriff's office were involved so they had to meet with the judge before they could return to Michigan with the boys. What a mess? Yes so they actually had to hang out in Florida for a bit. She's so the following Monday tanny and her mother hired an attorney in Florida and John also also hired an attorney so in front of the judge at the hearing. John immediately brought up tenuous previous conviction for having sex with a fourteen year old now. This was quite a shock for Tanya because John had never indicated any problem with her past admitted that he had known about tennis history since before they were married he had married her and had a family with her and had never before raised any issues about it. So the judge called the court back in Michigan and this is a court familiar with the scouting's uh-huh case and it was determined. The TANNIN would return to Michigan with her sons. Then was the crossed. The line in Michigan tanny would have full custody rights so finally things seemed to work out correctly and after returning to Michigan the boys were back with their mother. John asked Hanyu if there was any chance that they could could work things out and stay together now. Tanja would later say she felt she was really done with the marriage but she agreed to counseling in order to help with co-parenting the boys and keep John Happy so to keep John from becoming angry. She did pretend that she was still interested. In repairing the marriage to John they were working on the marriage when he was anxious for things to get back to the way they were but Tanja felt she'd never be able to trust John Again. She and her attorney made the decision that that it would appear more favourable though to judge if she allowed John to have some time with his kids so instead of maintaining the exclusive custody that she did have a right to you and keeping the boys away from their Father Kanye decided the best thing to do would be to allow him some time with them and she said at this point she really really didn't fear that John would take off with them again because when he'd done it before she'd followed him to Florida and brought them home so he should have known that she wasn't GonNa to let them get away with it again. I guess she also kind of rationalized that he wouldn't leave with them because she had kept him under the impression that they were going to get back together as a couple
True Crime Brewery
Fire Starter: John Leonard Orr
"The shocking story of arson investigator John Leonard or began back in Nineteen eighty-four a fire in Pasadena California hardware. The store killed four people including a two year old child arson. Investigators examined the ruins and determined that the fire was caused by an electrical malfunction. All except for John or he was convinced that the cause was arson. Join US at the quiet end today. For the case of a fire captain and arson investigator John or with nearly two thousand suspicious fires over the next seven years a task force was formed to find serial arsonists. The task force called themselves. The pillow pyro task force and their methods of investigation. Were both fascinating and effective diff- so it should be a great talk today and this case was recommended to us by Cindy. Well Cindy's recommended a few cases for us. She's One of our most avid listeners. So we always like to hear from her okay so we have a California beer. I've never picked on. I'm from this brewery before I can't imagine my favorite brewers have haven't chosen anyway. This is from Sierra Nevada brewing company. It celebration fresh fresh hop. I P A Sierra Nevada brewing is in Chico California celebrations in American Ip with a six point eight percent Ab Victor. Nice beer are Jamba colour. Little Bit ahead some pretty lace kind of a spicy aroma. peppery aroma. Some sweet mall little bit of hops. And that's exactly how it tastes. He started out with the CARAMEL. Little Spicy peppery Steph and then hops at the end and it's a nice beer. It's not terribly happy. Not One of those hot bombs that are GONNA kill you. I think you to enjoy it all right. Well let's open it up okay so I was really surprised. This is your first Sierra Nevada. Ah Let's take it down to the quiet end. I don't know how I've missed Sierra Nevada. Anyway I had a ton of Beers from that company so if we have other California cases you'll probably more of them great so until the case this is a just a fascinating case to me. It really yes yes. Yeah so by John. Moore's own description. His childhood growing up in the nineteen fifties was a happy one. He lived in a two bedroom middle-class home home behind his grandparents house. He had two older brothers who moved away when John was a teenager. Went to join the navy and the other start his own family Alan China's sixteen his mother left him and his father alone with no explanation. She just took off one day. She called after few days but John didn't see her again for three years and she had moved back to her hometown of Missouri and she never did reconcile John's father. That's kind of a strange thing to happen when you're a teen share I'm sure it was pretty weird and a little disheartening for him. Definitely one Sunday. She's there the next day she's not and no real explanation. Though in nineteen sixty seven John. Join the airforce. After he completed basic training training he was in jet mechanics training then he transferred to firefighting school. He had wanted to be a firefighter for some time. So he's happy to learn. Learn how to operate the equipment as he put out training fires yet. He married his high school girlfriend. Jodi in nineteen sixty eight and they were shipped off to an air air force base in Spain which was near Commercial Airport and they were there for two years but John was kind of bored. He only got to respond to to air-crashes during that time and he really wanted to be more in on the action. When John was transferred to great falls Montana he fought only one fire then when he he was twenty two he was honorably discharged at this time? Jodi was pregnant with their first child. John was insecure and he came across as a bit of a Bragar in order to compensate for this he really wanted to become a policeman or a firefighter. The Los Angeles Police Department invited him to test for position mission and he passed the written tests the medical exam and the fitness test but he failed the psychological test. He was sent a letter telling him that he he was unsuitable. So this was a big thing for him. He had wanted to be a policeman very badly. Your that was his main goal to be a cop. Yeah so this'll be pointed back to. As a really huge disappointment mitch merely might have had an effect on who he became as a man or your. I think you could look at it. That we could also look at it as there is something in his psychological makeup that made him on high rable. Oh sure yeah I think it went both ways after getting past feeling hurt. He was very angry. The rejection letter suggested that he consult another psychologist so so he hired one that he found in the yellow pages. This psychologist didn't evaluation and found him suitable but remember. This is the person he was paying but now he had a second opinion so he took that back to the LAPD psychologist for an appeal of that decision. You know the LAPD psychologist couldn't couldn't tell John Anything specific about why he had been rejected other than the say that he might have been too passive. Police officers needed to be assertive but then the psychologist left John Alone in his office with the file. He said I'm going to go out and get a cup of coffee. I think he kind of intentionally left the father so John read the file and so that one of his co workers had been interviewed and told the psychologist that John was laid to work lazy and resentful eventful of another man being promoted over him so I can't see any other way that this happened. Then the psychologist was really giving him an opportunity to look at his file. Were were absolutely the final evaluation stated that John Needed a few years to mature. And then maybe he could reapply to the force now. John Though would never admit to seeing his diagnosis in that file but he had actually been diagnosed with a personality trait disturbance and emotionally unstable personality. His former supervisors had described him as both irresponsible and immature as well. So this time John was working for Sparkletts marklets bottled water company. He quit that job and entered the management program at a fast food restaurant. It was nineteen seventy three and John was going going from one fast food job to another before he quit and he applied next to the Los Angeles Fire Department. He was couldn't be a policeman. He can be a fireman. Yeah I think it was as backup plan. And he was really thrilled when he was accepted to the academy for training but it turns out he was out of shape and he wasn't up to the rigors of the academy physically. He was told that he'd also done poorly on the written test so he was just given the option to resign or he. It's going to be fired so he was very angry and upset when this happened. Yeah and part of his problem was probably his attitude his after all had been a firefighter for four years in air force so he felt like he didn't need to study your practice now his time in the air force vote. He's half a couple fires Chris couple crashes and he. It didn't have much training. But he thought he did. So he didn't participate in study sessions with other recruits and he hadn't practice handling the heavy ladders and equipment and they were heavy. These big wooden ladders. He apparently in the service they had the light aluminum ladders. So this was a whole all different ballgame per handed so after that failure John was absolutely despondent and by this time he had two young daughters and his marriage was on the rocks. That's when he applied to the Glendale Fire Department and they accepted him in their fire academy in the spring of seventy four. He completed eight weeks of training and he graduated with twelve other guys. He was starting his career as a firefighter and he was super happy about it. Even though the Pay Glendale was a lot at less than it would have been at the L. A. P. D. or the L. A. F. D. wasn't it Glendale lowest paying in the state or something like that at the the time it was. Yeah maybe that's why I got hired. Nobody wanted to work for them. I'm sure that was part of it. Because he really wasn't. The top of the picks no her psychological report from earlier says a lot doesn't it it really does and also at home things weren't improving. He was really bored on his days off so he ended up taking a part time job at a seven eleven as a clerk then he bought himself pickup truck and went on camping and in hunting trips on his own without his family he ended up befriending a woman at the seven eleven and other employees who is also unhappy in her marriage and the two of them decided to be roommates leave their spouses and apparently this was Not a sexual thing at all it was just a friendship allegedly anyway yes so. John left his wife Jodi leaving her just note as an explanation for what is doing a lot like what his mother did. He pay child support and he also began taking classes in fire science in police science. John believed that. The police didn't show enough respect for firefighters fighters and he examined the conflicts between the two groups and a writing assignment is still working at the seven eleven and he used what he was learning to help him spot shoplifters in the store yeah he got really into that his boss at the seven eleven was impressed at how good he got at catching shoplifters John would would watch kids who came into the store after school and he catch them making them empty their pockets and return things so this was a big thing for John. I mean to the point of weirdness really yeah very weird when example in nineteen seventy six. While he was out shopping he saw men running toward a car with his arms full of suits from Montgomery wards store so John or chased. The man knocked him down and helped the store security guard hold the man until the police arrived yet. He and he was clearly thrilled with this moment. He talked to the security guards and he actually asked them if he could get a part time job working in mall security but the mall said they only hired off-duty policeman and not firefighters. So there's another bruise to his ego. That's right he's already been told his second class this anyway. Because he's a Fire Department Dinata Police Department guy. Yeah and I don't know if that's really a thing but he definitely saw that way. He saw a lot of things in a slightly slightly off center. Way That's true he did. He wasn't quite right. We know that so. John was disappointed that he couldn't get a mall. Security John but that didn't deter them from doing other good deeds the same day. He saw an older man. Shoplifting hand tools. He told the cashier got the man arrested. So he asked at the sears store about getting a part time job with security
Encyclopedia Womannica
Witches & Saints: Jeanne d'Albret
"Spiritual power throughout history this month or highlighting women who made incredible contributions to and through religions as well as those who were charged and punished for alleged heresies or supernatural abilities today. We're heading back to the sixteenth century. French wars of religion are women. If the day was one of the most powerful female political figures of the period alongside Queen Elizabeth I and Catherine Domenici she played a leading role in the religious conflicts that dominated the second half of the sixteenth century as the acknowledged spiritual ritual and political leader of the French huguenot movement. I'm talking about John. Dall Bray Queen of Navarre John was born in fifteen twenty eight at a royal palace outside of Paris. She was the only child of Marguerite of Navarre King Henry the second Lavar a tiny sovereign Afrin St stuck between France and Spain Henry also claimed sovereignty over a number of territories in the south of France. John's mother Marguerite Greet was an incredibly accomplished woman. She was a celebrated author of courtly novellas and spiritual works and she was also an early patron of the Protestant reformation. John was heavily influenced by her mother and was drawn to reformed Christianity specifically calvinism as well as humanist just thinking in fifteen forty seven John Married Antoine de Bourbon Duke Vendome with whom she had five children. The only to to a son and a daughter survived past childhood after the death of John's father. She antwon ruled jointly over their territories in south southwestern France. John continued to be drawn to protestantism. Even after her mother's death in fifteen forty nine on Christmas Day fifteen eighteen sixty John publicly converted to calvinism and declared calvinism the official religion of her kingdom that made her the highest ranking Protestant Austin in all of France and designated enemy of the Catholic Church and the Catholic Counter Reformation Movement after converting John joined the Huguenot movement in their fight against French Catholics. The HUGH DOTS were an ethnic religious group of French. Protestants concentrated in the south and west of France as their numbers and influence grew. The Hugo knots were persecuted by French Catholics leading to a series of religious conflicts known as the French wars of religion region fought on and off between fifteen sixty two and fifteen ninety eight when war broke out in fifteen sixty two John worked behind the scenes to fund fund the humane what's she used her own vast fortune and mobilized patronage networks. She also used her influence at the French court to plead eight for their cause. Still she stayed pretty publicly neutral during what became known as the first and second wars when the third war broke out in fifteen fifteen sixty eight John faced both the threat of a noble rebellion and Royal French invasion of her territories. She was forced to flee to the hugh. You cannot stronghold of Larochelle on the Atlantic coast of France with her two children into a pond John's arrival she became the de facto leader of the city the and began publicly directing the Protestant insurgency while and La Rochelle Genre letters to foreign rulers sympathetic to her cause asking for assistance assistance she even used her own jewelry as backing for a loan from Queen Elizabeth I of England she assumed control of Huguenot intelligence gathering fortifications of Larochelle finances and maintaining control of the civilian population of the city that included taking care of the many Edison refugees looking for safe haven. John also played a major role in military activity. She even went to the battlefields. During during intense fighting to rally the troops inspect their defenses in fifteen sixty nine John wrote a memoir entitled Ample Declaration Shen in which she defended her actions and those for fellow Hugo noughts a year later in fifteen seventy. John was the primary force of negotiating the peace treaty with Catherine Domenici. The de facto ruler of France at the time to end the third war as part of the Treaty Sean reluctantly agreed to an arranged marriage between her son Henry and Catherine's daughter Marguerite in exchange for agreeing to the marriage hugh cannot gain the right to hold public office in France after signing the marriage contract. John took up temporary residence in Paris to prepare for the wedding two months before the big day gene fell ill after a day of shopping five days later on June ninth fifteen seventy two Jean died not long after her death a rumor spread the John was actually poisoned by a pair of perfumed gloves given to her by Catherine de Medici though the story persisted over the years. There's no evidence to support the claim. There is evidence that John may have been suffering from tuberculosis access despite her death John Son's wedding happened and he eventually became King Henry the fourth of brands the first of a long line the French Bourbon kings tune in tomorrow for the story of
Between The Lines
Has Trump broken the 'rules-based international order'?
"Today on the show discussion with a renowned expert about the so-called rules based international order. It's been grabbing headlines vs. Now, how often have you heard that term, the rose by store is not perfect. We are rallying the noble nations of the world to build a new liberal order, that prevents war achieves greater prosperity for all. I have never heard. I Chinese leader commit so explicitly to rule based international order. So what do you think it actually means now for many politicians and journalists the world in which we leave the institutions of governance, the rules norms, all that, that's largely inspired by the kind of allegedly but nine global leadership that the United States. Is exercise for decades. And yet, would you believe it? The rules based international order itself has become a popular expression, only in recent times, did effective research, such of the world's newspapers and news wise. And it shows these things that in the three decades from ninety five to twenty fifteen the expression was used on three hundred nineteen occasion. That's three hundred eight times in thirty. That's all, however, get a lot of this in the past four years since Donald Trump announces presidential campaign, the term has been used nearly six thousand times six thousand times in the past four years. And about three hundred and twenty in the previous thirties, extrordinary now to me, the logic is simple. Western journalists scholars politicians policy makers, they all too often refer to this Liberal International order rules. Based international order. Why? Because it's demise is primarily blamed on one Donald Trump from this day forward, it's going to be only America first America first. Now the conventional wisdom goes lock these ball rising tariffs weakening alliances withdrawing the US from international agreements and supping with the devil, from Kim Jong Hoon that Singapore to Ladimir Putin hill, stinky, the US president has lifted void in world leadership. This is the argument as a result, Trump has undermined Feith in the open free, international order of the post Cold War era. But Trump alone really, to blind for the unraveling of the Liberal International auto or was this rules based order. So beloved of the western elites was at bound to file will my guest today has spent a lot of time. Thinking about this issue, John Measham is no stranger to this program. He's professor of political science at the university of Chicago. He's the author most recently of the great delusion liberal, drains and international realities published by ya'll university, Chris. And he's article bound to file the and full of Liberal International order that appears in the current issue of the academic journal, International Security, John joins us today from a studio on campus. The university of Chicago. Get I John welcome to the program. Thank you, Tom. I'm glad to be here now. It seems that this rules base Liberal International order is in trouble is Trump to blind. No, I think it is the conventional wisdom among the foreign policies. Tablet meant here in the United States, and probably in Australia that Trump is responsible for wrecking the Liberal International order. And once he is disposed of in twenty twenty and we get a new president someone like Joe Biden, we'll go back to the old way of doing business in the Liberal International order will survive. I think this is a deeply flawed way of thinking about what's happening with regard to that order that order was in deep trouble before, Trump got elected, just think the Iraq war, the Afghans, STAN war, the fiasco and Libya defeat. Lasko in Syria to Gasco over Ukraine, to two thousand eight financial crisis, the euro zone crisis Brexit, just a name of few of the problems. What Trump did when he ran for president in two thousand sixteen was he pointed out all these failures. He said, the Liberal International order was bankrupt and he got away. Acted and he got elected because many voters, clearly understood that he was correct. So the argument that Trump is responsible for wrecking the Liberal International. Order is dead wrong by what distinguished Trump from a lot of the Republicans and Democrats in two thousand sixteen was he's belief that democracy was not an expo commodity, and you think about it, John thirty years ago. This she had the full of the Berlin Wall, the claps Ivy, communism and the consensus that ease ago, I roll friend Francis, Fukuyama democracy was the wife of the future, what happened. I think that would happened was that we came to find out that not everyone in the world likes democracy, you and I may think it is the best system. But the fact is that they're all sorts of other people world, especially if you go to a place like Russia today, who would prefer an alternative form of political system. And in this case, it soft the -tarian his, so if you're in the business of trying to spread democracy around the world as the United States was in its pursuit of liberal. Gemini, what you discover is an extremely difficult task and it's an especially difficult task. If you use military force to spread democracy. In other words, you try to spread democracy at the end of a sword. And this, of course, is what we tried to do in Afghanistan. And in Iraq, it was with the Bush doctrine was all about, and those ended up being close. Oh failures, you'll critics will say though. Not standing all these setbacks that isn't it inevitable that as human con progresses than the prospects for democratization, and universal peace are enhanced and that, you know it was seeing this right now. There's still talk that China will eventually become a liberal democracy in these protests in Hong Kong that we've witnessed in the past fortnight that shows that eventually, China will buck, and become more liberal, democratic signed thing for Russia. How'd you respond to that? I just don't think it's inevitable. I mean, I want to be very clear, I think democracy is the best political system, and I think it would be a good thing if every country on the planet was liberal democracy. But the idea that that is inevitable as simply wrong. The fact is that Uman beings find it very difficult to agree on questions of what is the best life? What is the best political system, and would Frank Fukuyama and others? Assumed when the Cold War came to a conclusion was that everybody in the world. Wanted to live in a state, that was a liberal democracy. And therefore, with fictive -ly had the winded our back in our endeavour to spread liberal democracy, all across the planet, but that assumption has proven to be wrong. The fact is that the spread of democracy is not inevitable. And by the way, if you go back to two thousand six fast forward to the present what you see is that the number of democracies in the world is decreasing not increase. I think the New York buys freedom house's documented that. It's come down something like ten percent in the last ten or so years. Raw joan. It has. And that is regrettable. But it just points out that this is not inevitable. And again, if you get into the business trying to sprint liberal democracy when it's not an edible. And there are viable, alternatives, you're going to run into a whole his just as a conventional wisdom's are often wrong guy back to that consensus at the end of the Cold War that democracy was the wife of the future. One orthodoxy, that's also Baynes smashed in the last that he is. John is argument that nationalism was a thing of the past on the eve of the European parliamentary elections as Jordan, Claude Juncker. He's a leading European bureaucrat. He was asked about the growing reactions about, you know, against Brussels and the AU and the rise of nationalist movements across Europe. This is from CNN in general with the with the EU elections coming up, the euro skeptical right-wing forces seemed to be very strong in many countries. How does how much does that concern? You why do you think that is what's wrong with the what's your? We'll just. And if that wasn't tone-deaf enough, he added these populous necessarily stupid necessarily his day, I love the country and they don't like the others. Join me Sharma. What do you make of comments? I think it's a remarkably foolish comment. The fact is that virtually every leader of a western democracy is a nationalist just take, Madeleine Albright, who was once secretary of state here in the United States and is viewed as a canonical liberal. She's also a nationalist at heart. She wants famously said that America is the indispensable nation. We stand taller and we see further if you think about her words, she is saying, America is the indispensable, and I underline the word nation. That's at the heart of nationalism virtually every leader, whether it's an Australian or. Japanese or German leader feels that his or her country is something very special in their deeply devoted to that country. That's what nationalism is all about. And what you had in the post Cold War, period up until very recently is a situation where liberalism and nationalism coexisted, but hardly anybody ever talked about nationalism. But once the Liberal International order began to crumble people began to talk more and more about nationalism. And they felt at a lot of those liberal policies in fringed on national policies and on nationalism and ways that they didn't like, and the end result is, you got Brexit and Britain, and you got Trump and the United States and you know what you have in places like Poland and Hungary as well. So in nineteen states clash with multilateral institutions, nationalism, always Trump's liberalism that show alone. My view is that liberalism and Nash. Nationalism can coexist. But when particular liberal policies begin to bump up against nationalism, nationalism will be liberalism, every time because we are all ultimately social animals. We are all alternately very tribal in our nation matters to us greatly. I think virtually every Australian cares greatly about Australian sovereignty just like every American cares about American sovereignty.