35 Burst results for "John Tucker"
10-year Treasury yield pulls back from recent highs
"Recent highs. John Tucker Bloomberg Daybreak. All right, John, thanks right now. Treasury yields are steady as investors await an auction of $38 billion in 10 years securities today, yesterday's offering the first in a string of many saw
Betsy DeVos, Education Secretary, is Second Cabinet Member to Resign
"Death. Resignations from the Trump Administration keep coming. Bloomberg's John Tucker reports. Education secretary Betsy Divorces, resigned the second member of Trump's Cabinet to quit over the riot. In a letter to the president, she said, impressionable Children are watching all of this and they're learning from us. Transportation Secretary Elaine Chao also stepped down child, the wife of Senate Majority Leader Mitch McConnell said the deadly riot quote as deeply disturbing in a way that I simply cannot set aside. John Tucker
Dow futures extend losses, now down 250 points after weaker-than-expected retail sales
"Slimming down this morning as far as futures go after yesterday's record close The down the S and P 500, Wal Mart sales and revenue beating estimates. With U S E commerce sales jumping 79%. The company said it incurred $600 million in covert related expenses as well. And Home Depot plans to invest about Ah $1 billion in permanent compensation enhancements. Sales topped consensus at Home Depot at Airbnb is filed for an I P O also laid out whining losses and plunging revenue and Delta flew around US tariffs on his Airbus deliveries by basing them in places like Amsterdam. That kept them from being considered imports. And right now, the Dow Futures 219 points Lori S and P futures. They're down 24, but as taking many futures up 24 points right now, I'm John Tucker Bloomberg business of News radio's 7 40 ktrh.
Coronavirus: US daily infections hit all-time high in 44 states
"The pandemic has been front and center and as Americans head to the polls, the virus continues to surge in key battleground states. Bloomberg John Tucker joins US Live with the very latest, John Good Morning, and Karen Daily Infections have hit an all time high in 44 states. So have hospitalizations. Over the past week, Wisconsin posted America's third highest cases per capita Behind on Ly the Dakotas. 70 averages are at records in Iowa in Michigan State's that propelled Donald Trump to the presidency Four years ago. Weekly infections in Arizona are up 33%, Pennsylvania's They're up 30% and Florida's air higher by 22%. John Tucker Bloomberg Day.
Small-business owners face an uncertain future ahead of 2020 election
"With the Bloomberg Small Business Report. I'm John Tucker brought to you by Del Small business. Small business Optimism rose by more than forecast in September and moved in line with pre pandemic levels, the other for sales and the economy improved. The National Federation of Independent Business Index of Sentiment just registered the strongest reading since February. At the same time, though, the Unified Bees uncertainty index rose, matching a three year high. That jump in uncertainty shows the path of the Corona virus and the lack of additional fiscal relief remain a big concern for small business owners. Bill Dunkelberg, the chief economist for the Unified B says some small businesses are still struggling financially to operate at full capacity while navigating state of local regulations and are uncertain about what will happen in the future. We'll still greater shares A small businesses plan to add workers boost capital spending. And build inventories, indicating firm show few signs of scaling back heading into the holidays. And that's the Bloomberg small business report.
"john tucker" Discussed on Bloomberg Radio New York
"You on John Tucker and we begin today's program with an outlook for the U. S economy were to be watching this coming weeks. ICO data very closely. It's a holiday shortened week next week, but we're gonna have a ton of stuff to get through, including the jobs numbers. For June and joining us to talk about this here is hell initially economist with R Bloomberg Economics team. Let's start with the jobless numbers. The jobs report that's kind of the mother of all economic reports. And going into this holiday shortened week. We have the initial jobless claims they were worse than forecast for for a second week going into this that is correct, and it seems like of the improvement on that front has slowed down quite a bit. And it remains unclear what happens after the augmented unemployment benefits expire at the end of July. So will we see a significant drop in jobless benefits simply because people will go back to work and they and they won't be able to get those Amended benefits, or will we see a teacup in jobless claims? Because the case is speaking up across the country? Yeah, we had a surprisingly good that jobs number if you can call it that prior to this, So how's that going to figure into that? Does that indicate there was a bottom? Maybe. No, The PDS jobs report was suddenly a positive one, of course, a lot of different metrics not only the headline number but also the diffusion index, which shows a number of industries were going back into business. But the question here is the sustainability off these games. So obviously when you stop activity, the log down The rebound will be pulling that so it's not surprising to see a jobs numbers are going up and this is probably what we're going to see in the June jobs report. The question ist again whether this will be sustainable going forward. So what happens after the initial rebound in job? In activity going into, say the end of the year. So there are a lot of risk factors surrounding that So first of all against the number of virus keeps will we see a second wave off the virus? That question is very much from the centre right now. The other thing is where the physical support gets extended. So remember that a lot of these jobs were there just simply because of the PPP program and People were on the job on on their salaries, Tinkly because off the fiscal support, Yeah. And how do we determine whether the job losses? We saw our permanent or just temporary? Do we have to have a handle on that? I mean, it's very difficult to say your relative, right, so I I'm afraid the lot of permanent job losses and not because of business closures for saying but because of the loss in aggregate demand in the economy So you simply don't need all this different services when people just really struggling to believe from paycheck to paycheck. So that is what I'm worried about. Okay, we're going to get the federal Open Market Committee, the Federal Reserve meeting minutes what was on the minds of fed officials, the central bankers when they last met any indication, Well, we heard a lot from different various speakers over the last several weeks. The minutes will be interesting in respect to what is happening comes off thinking about forward guidance. How the Fed is going to tie what happens to interest rates. What happens to other extraordinary measures? Relative to what economy is doing so previously the federal discussing tying for guidance to some sort of an economic indicator, they the unemployment rate or their level off inflation in the economy. So let's say the Fed wants to reduce Support for the economy, and they could say OK, so if the unemployment rate is 6.5% we will raise rates by such and such. So these are the things that the city is disgusting and this will be very relevant for the market's going forward. We're also get the vehicle sales numbers. I hate to say the Elena, but my Subaru is starting to sputter. I may be due for a new car. Interest rates are low. What is this going to tell us vehicles? Is anybody out there buying anything? Very representative John off what is happening in the economy? That may have been some pent up demand out there, and that's why we saw a nin crease in vehicle sales in me. The June number might also the another upward one. But what happens going forward is really what worries me. So again, this number will probably be a good one and will continue to capture that pen's out. Demand that you describe. Like we're going forward. Will people have enough money to continue Tio spent on this discretionary items that is the biggest lecture make those car payments ceiling? Thanks a lot appreciate it initially to the economist with Bloomberg Economics and just ahead on Bloomberg Daybreak weekend look. ATT Vladimir Putin's latest push this event power in Russia. And what's behind the move. I'm John Tucker, and this is number Have you been in a motorcycle? For 52 years I started having back pain.
UN - 85% of new infections, deaths coming from Europe and US
"Time deaths from the crown of virus continue to climb as the outbreak spreads in the U. S. and Europe for the very latest we're joined live by Bloomberg's John Tucker good morning John Pennington fatalities around the world are nearing nineteen thousand as infection surpassed four hundred thousand here in the U. S. there are fifty five thousand cases and eight hundred deaths nearly half of all the infections are in New York state meantime in Florida the National Guard to deploy to airports degree flights from New York the guard is mandating travelers from the state to self isolate and asking for information on where they plan to stay other visit I'm John Tucker Bloomberg
Coronavirus: Big jump in new cases, deaths declared as diagnosis method tweaked
"Morning a big jump in the number of coronavirus cases in China Bloomberg John Tucker's following the developments and joins us live good morning John good morning may for new cases of corona virus jump by fifteen thousand as who bay province revised its method for accounting infections total deaths in China have not risen past thirteen hundred there now sixty thousand cases worldwide and the biggest political fallout so far for the epidemic the Communist Party secretaries for who bay in the city of Wuhan were removed meantime an American who was brought home a state department flight from central China has become the fourteenth person with the infection in the
Your Market Minute
"Investors are cheering the latest trade agreement with China that's something bush stocks higher the S. and P. five hundred Dow Jones industrial average reached all time intraday highs markets received an added boost after the White House economic adviser Larry Kudlow promoted more tax cuts on the whole investors are largely ignoring disappointing quarterly results from Goldman Sachs and bank of America target shooters are taking a hit looks like it's cheap chic offerings missed the mark for the holidays slower digital sales and growth and a calendar shift with fewer days between thanksgiving and Christmas also contributing to the softness there general motors's delivering on one of the key promises made in its new labor contract the car maker is giving thirteen hundred temporary staffers full time status and for years marketers of use computer cookies to track would be customers now Google is authentic the advertising world with its decision to render cookies obsolete I'm John Tucker Bloomberg
Iran Says Retaliation Will Be 'Historic Nightmare' for U.S.
"Morning Aransas retaliation for the killing of its top general will be quote a historic nightmare for the U. S. the head of Iran's National Security Council is assessing thirteen scenarios to respond just **** Janaka sees director of economics at the golf research center what you're on is gonna most probably do is go ahead and do the proxy wars escalate all these proxy wars around the region to be it the whole see the Yemenis hitting on Saudi targets probably Saudi Aramco again this could escalate in many different ways but Iran should stay away from misleading US targets directly because then I believe the US is going to fall on an all out war against Iran Iran's foreign minister warns the US will suffer consequences at a time and place of a ranch choosing he also says the countdown has begun for America's exit from the Middle East I'm John Tucker Bloomberg daybreak night John thank you no predictions very on what form of retaliation from Iran would take but most analysts don't expect a direct conflict Steven cook a senior fellow for Middle East studies at the council on foreign relations people are getting a little carried away I don't believe that there's going to be a war in the desert of Iraq between the United States and Iran they will take their time and responding places of their choosing and they have capabilities ranging from cyber attacks to terrorist attacks to targeting Americans abroad whether it's in Europe or the Middle East there I think that the United States in American should be prepared that there will be retaliation but the idea that there's going to be regional war over this I think is the least likely result long term Steven cook says the most serious threat from Iran is tied to its nuclear program based on varying estimates they could have a nuclear weapon within a year to five years that is one of the real downside consequences of what the president has done they'd be easy retaliation on the part of your audience is to go forward with its nuclear program Iran also warns of a multi generational war if the Middle East continues to rely on an American presence in the
"john tucker" Discussed on Bloomberg Radio New York
"Be released at the same time and that's a Bloomberg business flashing his John Tucker with more on what's going on around the world John good morning here at the house Judiciary Committee plowed ahead with articles of impeachment against president trump despite objections and amendments for the panel's Republican members it sets up a final vote this morning lawmakers from my house and Senate averaged a bipartisan deal to fund the government before the December twentieth spending deadline an administration official says president trump why X. what he sees in the deal and AT and T. has switched on its five G. service in ten markets visit jockeys with Verizon T. mobile to build the next generation network and in a Bloomberg sports the gents fall to the ravens forty two to twenty one the mark Jackson throws five touchdown passes in hockey the Rangers and islanders win the Bruins lose and it basketball the Celtics fall to the seventy Sixers global news twenty four hours a day on the air and on quick take by Bloomberg powered by more than twenty seven hundred journalists and analysts if more than one hundred twenty countries I'm John Tucker the biggest fears Bloomberg Nathan jun thank you six twenty now on Wall Street line from the Bloomberg interactive brokers studios this is Bloomberg daybreak and joining us from London now Michael Hewson chief market analyst at CMC markets as we continue to watch the exuberant reaction to the U. K. election results and word that the president has signed off on that phase one trade deal with China do you see more upside to this market Michael well in terms of UK equities I certainly think there's potential for that because we need to look at night than in the context all of the last three years of the last three years has been concerns the labor government if they go team Mike embark upon a widespread nationalization program the extent of this majority and is seen as important not to I was stuck what is the point Akon I've status enough actually this was way beyond the realms of expectations with respect to the landslide victory the conservatives have got markers of pricing around about twenty twenty five seat majority we're talking the eighty six here the labor party have been literally fit but in terms of what breaks it means for the UK economy there'd been some concern over the last few years of what leaving the European Union could mean for the U. K. what could that mean potentially for UK equities well I thought I certainly think that's a story for next year I think the fact that we sing the rally that was saying is testament to the fact that I think investors are much more optimistic about the possibility of a soft brexit why do I say that simply because Boris Johnson now doesn't have to worry too much about upsetting the more extreme wings of his party the so called ideology the European research with the sponsons he has a nineteen eighty three majority allows him much more flexibility in his negotiations with the European Union next year the potential for an extension of that transition period each which is very very short and let's not forget that only only extends to the end of twenty twenty which really only gives us eleven months to sort out the future relationship which I think most people would agree is a probably not feasible so the prospect of a self breaks I think over a more pragmatic pragmatic brexit I think has increased and as a result what you're seeing is an overall flow into some of the more under under valued parts of the UK equity market so you sing transport companies utility companies own up nine ten twelve thirteen percent world bank of Scotland ten point seven percent role mile which was talking about being nationalized up six percent these are big moves this is wonderful see two fifty is at record highs I think the prospect is if there is some form of friendly agreement it's likely to be fairly positive for U. K. parties there's been so much focus in the UK on brags that getting brags that done over the last few years is a particularly looking at the way U. K. politics has been playing out all this time what is the sense in the markets as to Boris Johnsons business friendliness domestically well Boris had two terms as mayor of London and he was fairly pragmatic when he was running running London as a big metropolitan city any reason he chose not to run for third term was because he wanted to become a name pay and potentially become prime minister what he's achieved that goal and I think that same pragmatism given the size of his majority will be reflected in his government as we go forward over the course of the next three four or five years and I think that's why you need I think this will how you need to judge Boris Johnson all from what you heard on the stump he also has the now Kate all of those red labor voters who have lent him his vote happy in the northern heartlands and I think that will probably define how his premiership is viewed going forward the I mean it's it's simple not to understand this is a seismic move for U. K. politics and at the moment the labor party is indulging and full of navel gazing when it comes to how to react to this and it is going to be fast watch.
China says it will strive to reach 'phase one' trade deal with U.S
"So the only for trade talks remains clouded and complicated we get more from Bloomberg FX and rate strategist Richard Jones I think president trump's comments in that click were particularly telling because if he's saying that China isn't stepping up to the level that he wants that really does make it quite difficult to imagine a trade deal getting done justice phase one trade deal going down anytime soon I think the cautiously optimistic comments from China's chief trade negotiator is the kind of thing we've heard from both sides over the past month or so so it it really doesn't advance things and a fresh reports today that China is inviting US negotiators to Beijing for another round of talks a son for more details on that the next day to watch is December fifteenth when a fresh round of tariffs on Chinese goods is set to take effect all this makes for a lively few days in Beijing where the Bloomberg new economy form is under way US China relations taking center stage at that offensively birds John Tucker joins us live with details and highlights good morning John and they hop the biz among negotiations still of thing for psalm at the Bloomberg new account before we spoke with Goldman Sachs CEO David Solomon I think there's a good chance
Actress Brittany Snow Talks About Putting in the Work
"So today we are sitting down actress producer director and singer Brittany snow that is quite some very loose you're the best thing of the three of us yeah I don't know about that your knees bending public is the age of three with her breakout role at twelve on guiding light which Harley stayed home to watch weird facts but you may know her from her roles in films like John Tucker die someone great or our personal Britt pitch perfect one two and three with over twenty years of acting Brittany has recently transition into exploring work behind the camera her direct to`real debut premiered earlier this year and now we can't wait to watch her starring on Fox's new drama almost family which premieres on Wednesdays lactobacillus second at nine pm Eastern eight pm central so we are so excited to talk to you today welcome to thanks for having me everybody getting it from nervous I don't usually talk in front of or real audiences at all live of course you're live and so this is going to be a new thing and first thing in the morning yeah I'm ready I think so let's start off with just walk us through your resume you're acting you know we'll just get into it when you were twelve I actually my mom got me into it when I was a baby so I started when I was three I started you know I wasn't like for her saying my line is and things when I was three but I did commercials I did a TV show called seaquest when I was eight years old I played an alien child that was a big deal for me I still aww speak alien if anyone asks and then when I was twelve I got guiding light and I moved here to New York and then I flew from New York back home to Florida where I lived you school back and forth probably twice a week and then finished school in Florida and then did the soap opera and moved up to L. A.'s do American dreams when I was fifteen did that show for three years and then started doing films after that the Classic Film Pacifier was my first movie people study that in ah I hadn't very proud of it and then from there you know I just went on to do other crazy movies and yeah when you say school like what was that normal school I was in normal school so my parents had a great idea which now in hindsight it was terrible idea to keep me in school because they wanted me to be normal and go to school and learn with everyone else and then go to New York and beyond the soap opera in half to memorize forty pages of lines and do that and then fly back to Florida and then be able to be in school at the same time so I taught myself basically because the union in New York and soap operas didn't facilitate a tutor so yeah it was kind of one of those hectic three years of my life where I went back and forth that's ex- for you but like I'm so grateful for your work thank you i WanNa talk about what is not on your IMDB profile what should we know about you that's not there In terms of work or anything I write a lot I think a lot of people don't know that I have written a few screenplays and I only would never call myself a writer yet because until I actually get something out there and get one of these movies that I've written seen directed I'm not going to call myself a writer I really enjoy that medium and I think something that people would know about me is that I'm very afraid of public singing and public speaking I'm having a shy yeah I cannot sing in front of people it's one of those weird things that defective mine I'd just frees up how do you audition good question it's a good question because I pretty much every audition that I've had where I've had to sing it's been I don't know all I've gotten the part to be honest I go into another usually close your eyes and just do Pittsburgh audition I was auditioning for and Jason Moore the director later hold me when we were filming you were so nervous I don't know how you got through it because I was closing my eyes and shaking but I got through it I would never ever guess that music that you did that that's so interesting though because we talk a lot do you consider yourself an introvert or you just get really nervous in front of people when you're Brittany it's funny because this changes but I've done some research on this and when I've taken you know Karl Jong Quizzes and things like that I've I've always been an extrovert because I gain energy from being around bowl and helping people and I love the energy of others but at the same time I'm also an introvert so it's shifted from into my thirties I'm now much orbiting time about this all the time because I think our team has always shocked and I think our audience especially when we do this we are both interests and this is exhausting to us because it requires us to be extroverts to be here so I think the three of us should go to good I think it's an interesting thing as you think about your building career and how do you balance sort of what you have to do for work with who you are as a person and your me time like how do you store how have you figured out what works for you to sort of stay sane and all of that it's been an interesting road with that because since being in this business for so long I I've seen so many people that have grown up with get burnt out or exhausted and I think that a good thing that was instilled in me by parents so my friends is that it's okay to shut off and gain inspiration by not having to be on you know it doesn't mean that you're a bad person it just means that you need time for yourself and I have a great support system with not only people but also with tools that I use of spirituality and things that I get outside I self music and things like that that make me feel like I can recharge and be a good person to others because I definitely don't support the idea that you have to be off I mean to people in order to get some introverted time our tools are being antisocial unsleeping my fiance says that he's like you're morning person you're not a night person you're asleep person and I'm like I love we find so we wanna get into almost family because when you were researching and watching the trailer this is a scary and fascinating show the premise can you tell us a little bit about it and where the show came from right so this is a concept that was originally created and in Australia the show was called sisters but even before that I think a lot of people might have read in the paper on the paper history interwebs That this is actually a really prevalent story that people are going through where a fertility doctor has used on material to impregnate his patients and I think that because of the new age that we're in with ANCESTRY DOT COM and DNA testing twenty-three me regaining so much information knowledge about ourselves that we never had before and although that's overwhelming and exciting it's also stabilising and the scary and so this facility doctor in our story is being held accountable for his actions and within that there are three women who kind of have to find each other and realize that they're sisters I played Julia Beckley who seemingly is the only daughter of Leon Beckley the fertility doctor and find out that I have multiple siblings two of which are these women bad I get close to the story is so crazy I don't even know what what made you WanNa take this role well so when I was doing someone great one of my best friends jammed up I love Oh huge game favourite if you guys haven't seen it like you'll cry you'll feel all the field definitely yeah even the tough guys cry so my friend heard I've always been trying to work together in so many different capacities and she was like there's this Australian show sisters and they are bringing it to America and it's going to be for Fox and just keep I on it so I told my agents about this long ago and I've been tracking it forever and then I finally got the audition for it and I was like this is my part I had to really for because I was doing a movie in Dallas at the time and I put myself on tape and had to go to this really creepy place to audition for where we sent it to La knew that I wanted to be a part of it because it had a really interesting balance of levity and also depth and it really had a portrait about these three women that were complex and also really empathetic characters and the main thing I I really loved that Leon Beckley the fertility doctor who is my father you know a few ago this would have never been a story that could come out where a man falls from grace white doctor man who really gets held accountable for his actions and I wanted to be a part of something where my character was the is for the viewers and to what this man has done and also trying to create a new family for
"john tucker" Discussed on Bloomberg Radio New York
"The Bloomberg business slash John Tucker the Bloomberg news or with this business flash stocks are higher as investors assess the implications of the political turmoil in Washington we have the dollar higher against major currencies as a V. five hundred recruiting about a quarter of the sell off that we saw yesterday that was marked by the start of the formal impeachment inquiry but president trump. box whipsawed earlier in the session they're heading to and they all headed to Los earlier at the White House released details of the president's call with Ukraine that's at the center of the common and then comments from the president trump at the United Nations little later suggested a trade deal could come sooner than you think has posted sentiment the only S. and P. five hundred up seven points that's up three tenths of a percent with twenty nine seventy four the Dow Jones industrial average of one hundred sixty points as of six tenths of a percent at twenty six thousand nine hundred sixty seven the nasdaq composite index twenty one points are that's up three tenths of a percent forty thousand fifteen the ten year yield now is up to one point seven percent to see so all. mysteries down fifteen thirty seconds in price and I'm it's prudent of dollars eighteen of their like fifty six eleven we check the markets for you every fifteen minutes during the free right Bloomberg radio I'm John Tucker match Bloomberg business flash we continue now with Bloomberg politics policy politics power in law. Morris I think of that yeah you do that you got around politics policy there a lot thank you John we are live from the bluebird interactive brokers studio and we are continuing our conversation now about the rough transcript of that phone call between president trump and the president of Ukraine now president trump mentioned former vice president Joe Biden several times on that call describing allegations about that as vice president Biden pushing to al's you crane's top prosecutor to help the company hits and was working for those claims have since been discredited but they did talk about it on the call also we have just learned that the house intelligence committee chairman Adam Schiff been talking to reporters on Capitol Hill this is happening right now saying that this is how a mafia boss talks and that he was shocked by the notes of this call that it is worse than first thought so let's get more about this Justin sink covers the White House for Bloomberg news joining us now by phone from the White House Justin you've had quite a big day it's going to probably get even bigger before it's all over with let's just I want to get your thoughts you know what did what tickled your reporter antenna yes I think I think there's a few interesting things that have come out today one of course and I think probably most significant as seen in black and white where the president ray is an investigation into a political rival on a phone call with a foreign leader this is something that you know the the old axiom about politics stopping at the water's edge clearly isn't something that holds true and and the trump White House and and alone is sort of prompting debate about whether the president acted appropriately or not so that that was one interesting thing about. transcript on the other hand though I think the White House is pointing out that the transcript is not have from the elements the that we heard an early reports all the president mentions by and repeatedly it's not eight times as we as the Wall Street journal reported and there's no explicit quid pro quo between the present you know who would hold in military aid for Ukraine in exchange for for this investigation and the Joe Biden now critics of the president are going to point out that the this all kind of happened contextually that we don't have the other communications between the president as allies and folks in Ukraine and there's still to sort of a lot of money and questions here so I think as you alluded to sort out quite a day presidents meeting with the Iranian president at the United Nations in an hour and a half he's expected to hold a press conference later today and then we'll have congressional hearings throughout the rest of the week so a lot of elements telecom I want to ask you about that press conference is coming out at four o'clock Wall Street time we'll have it here for you on Bloomberg radio that let's talk a little bit about what you might expect to hear from that what could the president say about it. you know the president of the allies are really clear claiming vindication here they say there is nothing wrong in in asking for an investigation in to Joe Biden's behavior in in Ukraine they say that the the this transcript proves that the president didn't you know make an explicit act Eric close to ask for for this investigation in exchange for something else and so you know they're they're kind of argument this is validation and the the Democrats are barreling towards impeachment because they want to get rid of the present and validate the twenty sixteen election and so I think we're gonna hear him say that over and over again but he's also going to face a lot of tough questions about whether it was appropriate in the first place to attack about this investigation and also he brings up again in this conversation the Democratic National Committee servers at work were hacked by Russia whether either of those topics was the appropriate thing to to ask about especially because kind of all the reporting indicates that the that there weren't actual scandals there that needed additional investigation other than the creator of a political opportunity for Republicans you talked about this on the Bloomberg terminal in the story that you wrote that came out earlier today about how there is political risk across the board with this impeachment procedure yeah I mean they you know and Democrats obviously feel pretty galvanize right now and and I think our taking pleasure in highlighting some of the the way that the president has acted but there in the public polling isn't has never really shown an appetite for impeachment we know that in past efforts including the Clinton impeachment that that the Republican Party suffered somewhat based the pursuing that investigation and you know while there is the material in this transcript that could be described as just as troubling by critics of the president it doesn't have a smoking gun of of clear illegality and that you know the justice department today also came out and said that they did not find that the president committed a crime on this call and so a it is reminiscent and in many ways of the mall or report which sort of demonstrated a fear the behaviors by the president that a lot of people objected to but not that that obvious criminal activity the that might sort of get the entire country on the same page about needing to remove the president from office which is where Democrats are going closer and closer to deal is we've got about fifteen seconds here so we'll be really quick what this might mean for the business of government are things gonna come grinding to a halt now it is a real risk especially the president tweeted last night the the house Democrats agenda is not gonna be able to push forward so we're gonna watch to see if the White House tries to to punish Democrats over this all right we're gonna watch it with you just in sync covering the White House support Bloomberg news wanna thank you for taking the time with us talking to us from the White House now coming up on Bloomberg politics policy power in law as U. S. regulators taken aim.
"john tucker" Discussed on Bloomberg Radio New York
"John Tucker jungle morning Janay from the democratic candidates during the president trump's tariffs last night as well setting higher costs for consumers of the need for better trade deals better Rourke was among those way again there are huge mistake they constitute the largest tax increase on the American consumer hitting the middle class and the working poor especially hard and farmers in Iowa and across the country are bearing the brunt of the consequences representative Tim Ryan says president trump still terrorists were not good for America well I would have to re evaluate I think some of them are affected but he's bungled the whole thing obviously former vice president Joe Biden California center temple Harris headline tonight's debate again Bloomberg radio were carried live starting at eight PM Wall Street time the White House is monitoring with a senior administration official calls a congregation of Chinese forces on Hong Kong's border weeks of unrest in the Chinese territory of begun to overwhelm Hong Kong's police found themselves of violent clashes with protesters China warned that the civil disorder is gone far beyond a peaceful protest after police deployed tear gas over the weekend the nature of the Chinese build up wasn't clear as the U. S. is seen tensions rise with both China and Russia president trump is seeking out more strategic allies in the region today plans to welcome the president of Mongolia to the White House details for Bloomberg's Bob moon president trump will discuss a free trade pact with Mongolia according to a senior trump administration official as well as he was investment in mineral deposits including so called rare earth elements vital to the technology industry which are currently sourced mostly in China at the same time the official says Mongolia is seeking trade routes that don't involve China trump already has a warm relationship with Mongolia's government which the administration reveal gave the president's son there on a horse which remained in Mongolia during the meeting we're told the president may answer Mongolia's request for bearing or someone in the administration to name the pony bubbling Bloomberg daybreak north Korea's fire too short range ballistic missiles off its east coast conducting its second such test a week ahead of secretary of state Mike Pompeii does visit to the region at the Washington national cathedral is religious leaders review president trump for he is a tax on a prominent African American lawmaker an unusual step for an institution known for staying above the political fray get a state of the leaders called Mr trump's rhetoric dangerous as it amounted to a call for action for white supremacists global news twenty four hours a day on a year and a tick tock on Twitter power by more than twenty seven hundred journalists and analysts if more than one hundred twenty countries John Tucker this is Bloomberg thanks in large I'm coming up to six.
Persian Gulf, Bloomberg John Tucker And Karen discussed on Bloomberg Daybreak
"Thank you oil extending gains this morning as tensions in the Persian Gulf remain high Bloomberg John Tucker joins us live with the very latest good morning John good morning Karen truly has been weighed down by concerns that demand is slowing with the focus is now shifting back to supply and geo political risks which make the prices higher for the
"john tucker" Discussed on Bloomberg Radio New York
"Everybody on John Tucker, along with Caccia pours Caskey in for Peggy Collins this week at every week at this time, we get together per look in a hedge funds and asset management and county and investment firm. Crosses the half trillion dollar, Mark. And making some big changes. We are talking here about Blackstone group. Joining us from our Bloomberg ninety nine one newsroom in Washington DC to talk about Blackstone, and the changes. There is our private equity reporter had their Perleberg Heather talked to us about some of these changes their Blackstone decided to become a corporation is that right? Yeah. They were a partnership an L P and they switched over to a corporation. They see a bunch of benefits now that the tax rate for corporations went from thirty four to twenty one percent. And essentially think that if they can be included in more indices more stock indices, so get a lot more people in there who don't have to file those burdensome K one tax four. Arm than it will open thing about Furniture's. Okay. So your tax rate goes to from thirty four to twenty one percent that sounds like a no brainer. I would what's the big deal? I mean, of course, they're going to do that. Right. It sounds like it would be simple decision. But you can't go back. First of all, though, once you switch over you're kinda stuck and there are questions about what might happen. If there's a different administration in there. They bumped the tax rate back up a little bit. It would be a meaningful change. So they kind of watched a few firms who had done it, I areas and KR both converted and did the a lot of gains a lot of mutual fund ownership trickle into their stuff. Think blackstone. Always what a more calculated watching waiting, and they dumped being a secret also means you can be in as a company can be included in more ETF indexes, right? Yeah. Then taking are already has vanguard as the second biggest holding from nothing. So I think that shows that it is having some sort of immediate effect was that something that blackston actually really needed like was their sponsorship among retail investors, pretty low very low, and they always ten years that they've been kind of coming up with excuses. Why their stocks aren't doing? Well, this is a good opportunity for them to kind of change the story. I mean, they just haven't really gone anywhere. And they don't think that people understand what they. We do understand the company's blame it on the tax forms. The we'll see if it changes for them. Is that automatic that your stock?.
"john tucker" Discussed on Bloomberg Radio New York
"And it's now six thirty on Wall Street. Good morning. I'm Nathan Hager. And I'm Karen Moskow. We are just about three hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour, stocks you around the world are struggling for traction this morning. Japan's Nikkei dropped one percent. Treasuries are steady after yields fell yesterday following soft inflation data that's most during best. The Federal Reserve will remain patient. Boeing shares are down another one and three quarters percent this morning for the latest on the fallout over the seven thirty-seven max jet crash, we go live to Bloomberg's John Tucker. John and Nate Norwegian error says it will. Now seek compensation from Boeing after grounding their fleet of seven thirty-seven, max planes, the GOP and airline. Ceo tells CNN there are substantial similarities between the March tenth crash and the lion aircrash in October involving the same Boeing plane model more than fifty countries have now banned the aircraft the latest to do so include Egypt. India Hong Kong, Russia Thailand and Lebanon, but here in the US, the FAA continues to say, it's these no safety issue the Boeing seven thirty-seven backs jet. John Tucker, Bloomberg daybreak. All right, John. Thank you in Europe. The pound is strengthening this morning. UK lawmakers prepare to vote on whether to tear the country out of the EU with no agreement or give themselves the chance to delay breaks it and the hope of securing better terms in Germany shares of Audie dos down more than three percent. The sportswear maker says it expects sales growth to slow this year. Jeffrey Gunnlaug, the chief investment officer for a double line capital says he believes stocks. Are already in a bear market. Bloomberg's Charlie Pellett has that story gun. Lacks remarks came during double lines, total return bond fund webcast, and he thinks stocks will take out the December low during the course of two thousand nineteen. He also says the next big move for the donor is down and gun lack criticize President Trump for what he called quote the shocking growth in the US debt burden. Charlie Pellett, Bloomberg daybreak. All right. Charlie. Thanks in coming up today. We get data on US producer prices. Those spat at eight thirty AM Wall Street time economists forecast two tenths percent gain for February. And it is six thirty two on Wall Street. Let's get you have to date in how stocks are faring. We check the markets every fifteen minutes throughout the trading day on Bloomberg s&p futures are up three points. Dow futures down five NASDAQ futures up eight and a half. The Dax in Germany is little changed down about a tenth of a percent. Ten year treasury down five thirty seconds yield two point six one percent yield on the two year two point four six percents. Nymex. Crude oil up one percent or fifty five cents to fifty seven forty two a barrel. Comex gold is up eight tenths percent, ten dollars seventy cents.
Chicago Police Superintendent Speaks Up About Jessie Smollett
"Police giving details about the arrest of empire actor jussie smollet the actor who's black and gay claimed he was assaulted by two masked men wearing pro President Trump hats who hurled racist and homophobic slurs at a very somber. Chicago police superintendent Eddie Johnson who is black opened up. His statement about the case saying he was angry denies I look out into the crowd. I just wish that the families have gun violence in this city got this much attention because that's who really deserves the amount of attention that we're giving to this particular incident. Johnson going into that brother Johnson going on to say this announcement today recognizes that empire actor jussie smollet took advantage of the pain and anger of racism to promote his career. Left hanging. My head and asking why? Why would anyone especially an African American man? Use the symbolism of a noose to make false accusations Johnson. He's a fool on nutjob. John Tucker Carlson's point on this is a lot of times, we get stuck in these things where we're standing up for the powerless in the you know, the people that are kept down. Here's a guy with millions of dollars these famous actor. He is not powerless. You're you're not coming to his rescue with this story. He's got he can hire lawyers. He can get attention. How about all those people that are murdered all the time in Chicago. They got no power. They can get no attention. They can hire. No lawyers. No protection. Same-day jussie smollet was perpetrating his hoax and trying to portray many good American people as horrific monsters. Are there was a terrible terrible hate crime against the Jewish man. I think he was in New York City that got zero attention zero obvious patently clear hate crime. But he wasn't a celebrity plus Jews there. According to the the left they're under suspicion these days. So yeah, got no attention whatsoever. The hypocrisy the layers of it is just astonishing Johnson thickening Johnson going on at that smollet stage the attack and center racist and homophobic, threatening letter to himself at the FOX studios before
"john tucker" Discussed on Bloomberg Radio New York
"John Tucker in New York with your global look ahead of the top stories work investors coming week. It's gonna be a pretty busy week for economic data with reports on consumer and producer prices as well as retail sales and for more or less, welcome. Bloomberg's senior US economists. You'll initially and Blumberg chief US economist Carl Riccadonna good to see both of you, which which here, I guess, it's all about inflation this week. Right. Well, it's about a number of things. So we will get the inflation numbers that you highlighted. I think that takes particular relevance because the fed has entered this extended pause, which some market participants think will actually. Would be the peak of fed tightening for the cycle. My view is that it will indeed be a pause in. What will push the fed back into hiking mode will be an upside surprise on inflation, so not necessarily this week. But if we look at the basically, the acceleration bias in the inflation numbers were starting to see signs that things are picking up again. And I suspect when policymakers come back at mid-year and take the temperature of economic conditions are going to see above trend growth. Inflation core. Inflation pushing to the highs of the cycle the unemployment rate at the lows of the cycle. Realize they need use me the evil eye because I just I don't know they used to ask in this country Elena. Where's the beef? So I'll ask where's the inflation? I haven't seen any it's in wages. So if you look at the latest payrolls reports, and you will see that wages wages are finally accelerating. So the last three reports had a three handle on wage growth, and it's broad-based it doesn't necessarily only concentrated in highly skilled sectors such as information. But you can also see some acceleration in lesion hospitality and retail. So it's across the board. Tell us how that translates into inflation when wages go up all our you that but a big part of that is the increase in the minimum wage, but how does that translate into inflation for me? Well, the number of workers working at the minimum wage are not that large of a share of the labor force. But there certainly is knock on affect to those workers who are working near the minimum wage. But what this means is as household see wage gains that gives them more spending power and greater demand for a specific supply of goods and services, generally boosts, the price of those goods and services, so they're stronger demand. But also the other side of the equation, the dominant input cost in most industries is labor. So if Labour's becoming more expensive than those producers have to price have to pass those price pressures along to consumers consumers have bigger paychecks. So they're willing to tolerate it that leads to my next question is their pricing power out there. Well, absolutely. I think we are starting to see signs of it. And another report that we are going to see this week is retail sales. So I think that we are going to see another solid report. Well, we're not going to see much in the headline. It will be hidden in the details. But I think that it's going to be a solid report. It was a great holiday season. The retail sales report that we are getting this week is for the month of December. So sales was still strong, and this report will show consumer spending is still key in helping those consumers there's something else that happened in December, which is gas prices were very low. So that that's an example of of not seeing inflation, but that boosts spending power, and discretionary can't everybody Carl just to how big a part of the economy is consumer spending consumer spending is about seventy percent of US GDP. And in fact, if we look at the contribution from. Consumers deacon, I'm a growth over the last several quarters, it's even larger. So this is really a consumer driven economy at in general, but specifically over the last several quarters, and that means we think about these external risks whether it's potential recession in Europe. Or Chinese hard landing. We have to really think of it through the lens of how would potentially impact consumer activity, and when you look at it from that perspective, it really does signal that the US can be a bright spot on a somewhat bleak landscape four twenty nine thousand nine, but how can I keep hearing the word from a lot of analysts that that we talked to for the for saying next year. I guess is the well, it will be just having what what just Carl said, basically means that it will be very difficult to derail the economy that is relying on consumer to such a large degree. So we have absolutely stunning labor market here. We have the low unemployment rate great job growth, and we are starting to go up. So I think that we will continue to see strong reading song consumer spending and that will allow the economy to continue growing at a p. Which is about a potential. Okay. All right. Thanks to Bloomberg. Economists Carl Riccadonna Angelina Shalita just ahead on Bloomberg daybreak weekend. We take you overseas. And look if Europe's.
"john tucker" Discussed on Bloomberg Radio New York
"Where more than two thirds of those polled plan to dial back on risk twenty eighteen was a horrible year for hedge funds, but not for the world's biggest such fund to Bloomberg's John Tucker joins us live with the details. Good morning, John. Good morning. Karen? According to documents seen by Bloomberg Bridgewater associates flagship hedge fund pure alpha finish the year returning fourteen point six percent Neta fees the gains for his pure alpha strategy came as other fund managers were whipsawed by volatile markets resulting in the industry. Posting one of the worst years ever hedge funds on average lost six point seven percent at twenty eighteen. That's according to the HR FX global hedge fund index Bridgewater founded by Ray Dallaglio as about one hundred sixty billion dollars in assets. Under management, it trades across one hundred fifty markets. The firm has operated the pure alpha strategy for nearly three decades and has generated an average annual net return of about twelve percent per year. John Tucker, Bloomberg daybreak John. Thank you, some of the other corporate stories, we're watching this morning after four years of planning tesla finally broke ground on its plan to five billion dollar factory in China. CEO Elon Musk and Shanghai officials kicked off construction of the facility today. It would be Tesla's first car manufacturing plant outside the US can finally be the end of the line. I sear sources tell Bloomberg chairman Eddie Lampert its bid to buy several hundred stores out of bankruptcy fell. Short of bankers. Qualifications that has representatives for Sears preparing for liquidation sales beginning as early as next week shares of PG and E R down fourteen percent in early trading. That's after sources told Bloomberg the company's considering bankruptcy protection. The filing could come in weeks as PG and E seeks to organize Bill. Millions of dollars in potential liabilities from wildfires. That may have been started by its equipment and US stock index futures are lower with us and p futures down three points. Dow futures now that'll change down five points straight ahead. We have the latest world and national news. And this is Bloomberg. Thanks,.
"john tucker" Discussed on Bloomberg Radio New York
"I'm John Tucker from Bloomberg world headquarters US stocks plunged in front session. Capping the worst week for the s&p five hundred index since March this came as the Trump administration pressed its trade war with China and the latest batch of economic data added to concern that growth has peaked oil did rise after OPEC agreed to cut output. The Dow Jones industrial average shed over five hundred points bringing its decline in the abbreviated trading week to over one thousand points five funded finished the week down four point six percent that the trade outlook appear to take a negative turn editor Wally technologies chief financial officer was trying with conspiracy. Also had the Federal Reserve's Lyle Brainerd striking a hawkish tone at comments at a conference PGM CEO. David Hunt says his clients are making changes to their portfolios based on a changing global condition as well as monetary policy. The era of easy fiscal policy is coming to an end, and we can argue about the exact timing of that. And how quickly that happens? But no question conditions are tightening Invidia and Advanced Micro Devices tumbled more than six percent as chipmakers cratered utilities. They were the only s and p five hundred group to rise and his rate futures. Put the profitability of a Federal Reserve rate increase at its December eighteenth nineteenth meeting above seventy percent. We had Netflix Amazon and alphabet sinking at least three percents elite losers along the mega cap tech shares once again, the S and P five hundred end of the session down sixty two points to end up at twenty six thirty three. The Dow was down five hundred fifty eight points to end twenty four thousand three hundred eighty eight NASDAQ down two hundred nineteen points at sixty nine sixty nine global news twenty four hours a day on your hand at tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one. Hundred twenty countries, I'm John Tucker. This is Bloomberg. This is.
"john tucker" Discussed on Bloomberg Radio New York
"Nathan jared. We begin with the arrest of a Chinese executive that threatens to ramp up tensions between the US and China Weiwei chief financial officer Wong. Joe mung is under arrest in Canada. Bloomberg's John Tucker reports the CFO of wall wa is now facing extradition to the United States on suspicion. She violated US trade sanctions against Iran. She was arrested in Vancouver at the request of US. Authorities. A bail hearing has been set for Friday, John Tucker, Bloomberg daybreak. All right, John. Thank you. Their arrest is likely to heighten tensions between Washington and Beijing just days after striking a trade truce. Bloomberg's Karen Lee reports from Hong. Kong. This isn't the first time that while away has been looked into by the US for possible. Sanctions violations at has asked the company to declare whether sending US technology to rogue countries, including Iran, Syria, and even North Korea maybe violating sanctions by providing these kind of blacklisted regimes with products that use American technology, and that of course, feeds into one of the greatest divergences at this point between the US and China, which is US concerns that China's involved in intellectual property and technology theft. News of monks arrest is provoking strong protests from the Chinese embassy in Canada, which is demanding the US and Canada free. Her now, lungs importance and prominence in China are hard to overstate that, according to Bloomberg opinion, columnist Tim copen in Taipei royalty. I mean, she's really really important. You know, I don't know how many other ways to stress this too people who ask me about it all day. She's very very important and for the US. Via candidate go after one of the most important people in China's political and financial circles in the culprits fear is very very very significant people need to understand that no one show among is not only a while ways. CFO? She's also the daughter of the company's founder, China's currency is weakening on the news and songs across Asia tumbled with the Asia Pacific index. Posting a loss of one point eight percent. Bloomberg's Yvonne man has more from Hong Kong, we were already dealing with the trade issues. And now you add another fire to the mix. We saw the likes of the Hang Seng the large-caps in China and the Nick fall some two percent, and it raises the question now is why wait the next Z T analysts, tell us the ripple effects bigger than what we saw with Z T E, given the fact that way is a national champion in China. In Hong Kong, I'm Yvonne man, Bloomberg daybreak. Thanks, Yvonne in US, stock futures are falling sharply following word of the arrest. We get more on that from Bloomberg. Macro strategist, Mark Cudmore. Anyone who's long couldn't avoid kind of feeling the pain overnight the move Dane from Wednesday's unofficial closed because it was US holiday was two and a half percent in this first couple of minutes, which delves exceptionally violent move for the world's largest market. So everyone's going to feel the pain people are going to be dealing with the losses today. But it's important to emphasize that there's not really any directional message to take away from this longer term for markets. This doesn't mean as much short-term. We're seeing more volatility this year. And that means that short-term price option has a much greater noise to signal ratio than it did last year. It's just a market which saw more sellers than buyers. I'm afraid futures have paired some of their earlier losses, but they're still down one point eight percent this morning. Europe's stock six hundred meanwhile is down two point three percent. We also have a report that China could be behind the massive hack of Marriott international. According to Reuters, a hack of the hotel group may have been an intelligence gathering operation by China's government. Their report says prime. But investigators found hacking tools, techniques and procedures that featured and past attacks attributed to Chinese hackers. So it's not all bad news when it comes to US China relations. Beijing says it's reached deals with Washington on agriculture autos and energy following last weekend's g twenty summit. China says it will immediately begin implementing a consensus agreement on those items though. No specific details were given we're watching oil tumble this morning as OPEC and his allies meet in Vienna to consider production cuts. Bloomberg's Jessica summers reports Saudi Arabia and other members of the OPEC plus group have recommended an oil output cut, yet haven't said how large of a reduction it should be. There are reports that Russia is on board as well. The last time oh beckon allies agreed to cut output in late two thousand sixteen they reduced production by a combined one point eight million barrels a day. I'm Jessica summers. Bloomberg daybreak. All right. Jessica thank you right now. Crude oil is down two point nine percent on a dollar fifty to fifty. One dollars thirty nine cents a barrel. And Brent is down two point eight percent on a dollar seventy five to fifty nine dollars seventy nine cents a barrel. Again, futures tumbling s and p futures down forty eight points this morning and straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It's five.
"john tucker" Discussed on Bloomberg Radio New York
"Hey, John Tucker, Bloomberg newsroom with the closing bell report. Ugly day for stocks at the close S and P five hundred Fidel, the NASDAQ all down over three percent S and P five hundred ending the session down about eighty nine points. Still getting stocks to settle right now down three point two percent right at twenty seven hundred three s and p five hundred I should also point out the volume twenty percent, Bob. The average today Dow Jones industrial average three percent lower down seven hundred eighty eight points twenty five thousand thirty seven right now. But NASDAQ composite index down three point eight percent. That's now two hundred eighty three points at seventy one fifty eight. Gina Martin Adams chief equity strategist with Bloomberg television's answer a little earlier over some of the factors leading to today's decline in the markets. Reminding us. Increase interest rates. Could be contributing to this a little bit. You know, I think frankly, just the correction and people want to take a lot of risk financial engineers. They got hammered as the yield curve continued to flatten the yield on the benchmark ten year note two point nine one percent compare that to the two year two point eight percent. So that's the difference there Levin basis points right now that eats into the financials net interest margins losses, accelerated, the trading vibes and the s&p five hundred futures spiked. After the contracts of four broke up for that broke below their two hundred day moving average, we have President Trump suggested fifty could extend a ninety day truce trade war with China. But it's a top White House. Economic adviser backtrack from the president's announcement. We have again the s&p five hundred down ninety points. Decline of three point two percent. The Dow was down seven hundred ninety five points. I'm John Tucker. That is a Bloomberg business flash. Thank you. I know you'll like..
Theresa May: Brexit will stop EU nationals 'jumping queue' ahead of non-EU workers
"Failure may be tied to California's deadliest fire. Bloomberg's John Tucker joins us live with details. Good morning, John. Good morning. Nathan the utility says in a filing with state regulators that a circuit and Butte county failed on November eighth. PG says there's been no determination of the cause. California's biggest utility has filed to incident reports says the fire began and about half its market value, roughly twelve billion dollars vanish. She had a little more than a week it. Previously told state regulators that URL inspection found damage to a transmission tower. John Tucker, Bloomberg daybreak. Thank you, John. The board of CVS is gearing up for talks to the Viacom and emerge could be announced to the next three to six months. That's according to the New York Post, which says Sherry Redstone, the vice chair of CBS and Viacom is considering three way merger that would include video game company. Take two interactive. Shares of apple or down one percent in early trading. That's after a Wall Street Journal reports said Apple's cut production orders in recent weeks for all free iphone models. It unveiled in September. And futures this morning are lower S and futures down five points. Dow futures down forty four NASDAQ futures down five ten year treasuries down six thirty seconds, yield three point. Oh, eight percent yield on the two year two point eight two percent. And straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen six. Oh,
Small-Business Confidence Stays at Near-Record High
"On small business confidence, John Tucker, where is the optimism. Now. This is from the NFL. I be the monthly survey owners do remain optimistic the small business owners here in the US. Their main index the NFL at edged down to one zero seven point four last month is still remains the record was one eight point eight so not much of a drop the bottom line. They're still optimistic. However, if you dig deeper into the survey. Yeah, you see signs of inflation. More owners say they're going to pass on the costs of hired labor costs intersex rumors by raising prices that is if they can find the labor out there because that remains a mung their chief concerns finding qualified candidates to hire. They're just not out there. This is the issue that really winds up and the small businesses they had to compete with the larger businesses. The larger businesses are winning because they can offer more in terms of pay voice said that started. Compensation? This cult called a small business started with President Reagan in the big companies really can compete. There
"john tucker" Discussed on Bloomberg Radio New York
"John tucker. Thank you. Thank you, very much better able to this market S and P five hundred futures up by Iran about twenty nine and a back to basics quarter for J P Morgan some real lung growth called loan book expanding six percent this kiss. Actually what I find more than one percent this economy. Luke cower Bloomberg's very Android in by this economy, still doing okay now, I understand there's some out there think that the last quarter sanction history now because the world has changed. But what do you take from the AP Morgan? Not look, that's it. I'm I'm looking mainly at loan growth. I'm not smart enough to read into other fix trading is telling me anything about the US economy or whether as telling me whether were sufficiently late cycle or not I read into it. I want Jamie diamond to hold me at night and tell me everything is gonna be. All right. Tell me they're going to keep growing loans telling me that it's not about a flattening yield curve. It's not about higher rates US economy. Is still good. They're still going to grow loans. One thing. I would like is. I I remember in February twenty sixteen when Jamie Dimon came out and did a personal purchase of a lot of J P Morgan take the bottom bottom ticks a couple of weeks ago. Jamie diamond said, you know, you buybacks are good. We'd much rather do cap back something, you know, any exact would say, but he sounded a lot less than two about buying J P Morgan at those levels. I think investors would probably like to see Jamie diamond sound a little more enthusiastic about his on suck the mood. This morning is better. The conversation has shifted to whether you want to buy the dip and always find this conversation pretty funny because I want to understand when you know when to buy dip, what are the signals? You look for what is the capitulation? You're looking forward to say this is we've washed out. I think the idea that even the winners during the selloff started losing big guest today. So even the value stocks trailed yesterday that could be a sign of capitulation just throwing everything out with the bathwater. And you we really are. Are at extremely extremely extremely oversold territory. Even in February even during the ball explosion. We never had the S and P five hundred NASDAQ one hundred and the Russell two thousand in oversold territory at the same time past few days, we've had that. So just, you know, at some point you gotta balance rate and a clean break of the two hundred day moving average yesterday, Tom I think the mistake was. Yes. I think in a couple of years you nailed something. I was thinking about early early this morning or maybe it was seeing the carnage yesterday. How do you define catharsis everyone in my experiences? Catharsis is good. And valuable thing. It's easy to talk about. It's another thing to know what level of sweat matters. That's why we use standard deviations in Luke just on basic correction negative ten percent bear market negative eighteen percent. We're not there yet. No not whatsoever. And I really think what will drive. It is. We're through the two hundred day moving average. But now we've got earnings starting. That's what's gonna matter. Right now. John, what's the dream English football pairing right now, what's the one? That matters come on. I would say it's probably Mansi liver poorly. Just had it just had a now folks we turn to ice hockey joining us from Washington the star of Bloomberg daybreak. Nathan Hager joins us with Lucala Toronto Maple Leafs Washington Capitals where where are your seats are the shoulder? Marty. You know, t- Moscow team Putin will always lose to Team Canada. Once they let those NHL each other's back in the Olympics. I hope to be that close. Okay. Nathan hager. The capital is they looked terrible last New Jersey Devils, how do they rebound against the goal scoring machine? Widely predicted best team in the world the Toronto Maple Leafs. I is it too early to ask for Tom Wilson back. That's. For our global audience. Wilson is a basic thug. For twenty games, and they miss him. Don't they? I mean, the tough guy on the ice they miss, but you know, what? Like the markets were due for a bounce. Okay. Look our seriously here it what the Toronto may loose mean for hockey and for candidate is well in it's basically spending more money than God. They got the coach from Detroit up there. They put together this all star cast. How do they recited financially? How did the Maple Leafs? Go forward three years right now. The real big problem is that you know, we're all talking about Austin Matthews nine goals in his first five games. You put them in kind of. Mario Lemieux company Michener's hot start. And the fact that Neely or is still currently unsigned. It's it's going to cause them headaches. The idea that we're going to be able to keep all these guys not looking good. So a smaller window win. Now. I'm find with Nathan Hager when you look.
Exclusive: Europe to tell G20 rising trade tensions can seriously hit global growth
"We begin with shares of tesla plunging more than ten percents in early trading after the securities and Exchange Commission said it's suing CEO Elon Musk for his August tweets about taking the company private Bloomberg's Bloomberg's John Tucker joins us live now with details. Good morning, John. Good morning, Bob. The SEC wants musk out it will request that a judge bar Mosk from serving as an officer or director of a public company saying Maas misled
"john tucker" Discussed on WCBM 680 AM
"John Tucker Carlson so much parking and noisy. Yelling. Our role is to take three steps back and discern. What really matters Sean Hannity. The most important thing that we do. We are looking out for the forgotten men and women in this country. Laura Ingram, they're going to get a straight shooter no-holds-barred, I'm not gonna cut people slack. Fox's the one place for dissent is allowed. We have voices. We won't be silent controlled my voice. Nobody wants news. Real news. Real honest opinion. A hunting guide is dead in Wyoming after he and a client were attacked by a bear the Jackson Hole news and guide reports. The body of Thirty-seven-year-old Mark obtain was found Saturday team county spokesman Billy curve says the client Corey tavon of Florida's suffered leg chest and arm injuries and was flown to a Jackson hospital the newspaper reports he left the hospital Saturday the two had returned to retrieve an elk when the two bears charged at them. Japan was able to flee and phone for help. President Trump is poised to go ahead with plans to announce new tariffs as the tech sector begs the administration to rethink the plan Friday. It was reported that even though his treasury department is in talks with Beijing. Over trade. The president is pushing for another round of tariffs now on two hundred billion dollars worth of Chinese imports. Earlier apple executives said do that. And the price of several products will increase the president's response is manufacturer here in the US. Gary Shapiro is the president of the. Consumer Technology Association the business community in the United States is almost entirely United in thinking. This is a very very bad idea which started out as a modest push to try to get China to reform its intellectual property practices has shifted instead to a full blown trade war that he says the president suggestion to manufacturer in the US would also likely lead to higher prices. Jessica rosenthal. Fox News, South Korea's liberal. President faces growing skepticism at home about his engagement policy heading into his third summit with North Korean leader, Kim Jong UN a survey showed nearly half of South Koreans think next week's summit will not find a breakthrough to resolve a troubled nuclear diplomacy. He comes as president moon. Jae in's approval rating is declining amid economic frustrations nam sung woke up professor at Korea. University says moon cannot maintain public support with his North.
John Tucker, Sears and Goldie discussed on Kentuckiana's Morning News
"Time in three weeks after a measure of US inflation unexpectedly cooled off Sears shares. Surged twenty one percent post market for the company said its performance
ECB expected to stick to its policy stance amid steady inflation
"The Bank of England is forecast to keep rates unchanged while policy have said that limited and gradual hikes are needed in coming years. Unanimous vote is expected today. The decision is published at seven AM Wall Street time, followed by an ECB decision at seven forty five with details on that his pool Gordon in Frankfurt DZBB's latest economic forecasts as if to show slow growth because of trade tensions and importantly, the risks. A tilted to the downside that makes it tricky. If a policymakers to push on with their plans to phase out. How's it purchases this year, as communists and investors? Expect instead the governing council might point to a steady if slow inflation outlook and can choose to stick to his previous language. At the risk to growth, aren't facts, broadly, balanced and keeps it on track. Raise rights potentially late next
"john tucker" Discussed on Tony the Movie Guy
"It was Brahman. Okay. Yeah, and he directed directed. Yeah, yeah, yeah. And the female lead recognize that was Brahmins girlfriend at the time. She was on vampire diaries and several other things that I notice. It's funny at the time when we made that movie, she was way bigger star than Aaron. Yes, everybody knew her. She was in a movie back then called John Tucker, must. My wife loves that movie that movie. I was just doing. I was just doing a banjo old mission, impossible, movies, four, huge Aaron. Paul randomly shows in the third film show Monaghan zip. Rather it's so fun. He did that like right after us, I think, or it was like simultaneously. Yeah, thousand six that we did ours to sevens crazy going fascinates. So it turned out fine. We, I learned a ton on first of all, we shot on film which was a fucking nightmare. And we ran out of film and it was like everything that could go wrong in fund. It. A rich guy that I knew. I mean, he literally cut a check and I was kinda like, I don't know what to do with this. So we hired this film consultant. He helped us through a lot of the process, and then we made so many mistakes in the selling, and I learned a lot from it. Right. And so that helped me moving forward to the next projects. And like I've definitely learned a ton with each one. And I really feel like my last two were done the right way like with real money real stars, you know, and and I kind of learned the the equation to actually get a film made and make it be successful out here that's not see really hit the ground running. Yeah. Okay. And never looked back. No. I mean, I, I really love writing. I mean, even more so than directing, I and I love directing, and I love film and directors, but I'm definitely a writer that got into directing like finding I informed hundreds action. Yeah. And I found a lot of directors come from different world. Words, they come from the film school world where they want to just be director, which is whatever the cinematography world where they are great with the visuals, huge on cinema Kathy, but I don't understand it. Like when I like when I'm my directing style is very much working with the actors and like I have wrote the script and I understand the characters and I can really give them insight, but I don't know how to get a shot like I have to really lean on my cinematographer to. I can describe what I want, but I've no fucking clue. Even like generally had again, it trippy feeling though like from. So was that your first script? Yeah. Okay. And to see right scripts. I'm kind of jealous. Right? Like the dozen scripts this. Okay. I'm telling you the movie guide, movie news. To write a script and then actually see those characters. Those words from page into reality, always surreal. Yeah, that's, that's really, it's even weirder to see them like acting them right now, like, 'cause I do the acting them. Yeah. Want again at the time..
"john tucker" Discussed on Bloomberg Radio New York
"For joining us i'm bob moon in for john tucker having trouble getting your head around artificial intelligence don't worry you're not alone in fact the so much reliance on machines and algorithms it's about time we had our own version of for dummies okay peggy i'll put poor politely understandable i am back with us here to talk more about ai is krishna adela head of new content and regulatory solutions at bloomberg krishna tell us i what is understandable thanks so much and i love your introduction bobby i think as we've seen with my appearances on the show the last several months the concept of ai has been talked more and more in the mainstream audience where people are utilizing it may not necessarily always be using it in the past but there's no wariness of it understandable ai is the domain where people who are more in the design and the application space are able to work with engineers themselves traditionally understood ai to make it more available and comprehensive to the general populace so what do i mean by that when you think about explainable a if i can just take a second think of that as the technical ability to understand what is going on with an algorithm what's going on with machine learning understandably i is the ability for myself the common public joke you on the street to be able to say oh i understand how this works because of some various formulas some various technicalities that allow me as the user to be able to get the output i'm looking for so we're making it more available we're making it more knowledgeable to your point making it easier for a stomach is to be able to understand what's actually going on utilize it so as you make that distinction between understandable ai unexplainable ai which applies to how it's being distributed across the financial world investing so it's still explainable from an implementation standpoint so the people that are going to put it into the front office the middle officer the back office from a automation standpoint from an efficiency standpoint it has to be explainable but the users the actual people who are utilizing the they need the understandable ai because they need to understand what is going on not so much when things are going well but when things actually start to fail because that's the point where you need to understand how do i make sure i can actually go back do the hit the fail safes and ensure that processes continue to push forward so the way i look at it is think of your iphone for example you don't necessarily know what goes into your iphone we're not programmers we're not coders we didn't actually build the product but you know how to utilize your iphone and you know that there's a few tricks and mechanisms you can use when maybe it crashes or maybe some of the apps don't work or when you up grade on certain apps or the software itself that's their parallel in this situation you know enough to make sure you're not left out in the woods but you don't know enough to necessarily want to go into the hardcore coding itself okay let me try this so if i have car insurance i get into an accident i send pictures of the damage right into my insurance company along with an explanation of what happened and the computers takeover right and do that much faster than the claims adjuster used to is that what we're talking about here understanding how works in a way the analogy is not a bad one that there's still a human element that's part of this process and that's where some of the fear comes in when you think about a in the conversation we've had over the last year now there's a lot of fear because people don't understand what's going on into it by allowing the human element to come back into the narrative to not make a completely depend on the computers and allows us to have a control so you think a human psychology standpoint what we do don't know is what we're frayed of what we are now doing saying we're going to start teaching people and make sure they understand at least a bare level minimum to ensure that they had the control again and that we're not being completely led by the computers on their own so to your example us being able to send the pictures and us being able to utilize the app on our phone i speak about.
"john tucker" Discussed on Bloomberg Radio New York
"In trade nor an embarrassment on the world stage this speech set for tuesday morning at china may shed some light on his plans china is in the meantime evaluating potential impact of a gradual depreciation of the you wan bloomberg's john tucker joins us live to explain good morning john good morning bob people familiar with the matter tells bloomberg china is studying the effect of using the currency as a tool in trade negotiations with the us china could depreciate if you want to offset the impact of any trade deal that curbs exports but it's just an analysis at this point at doesn't mean officials will carry out a devaluation president trump routinely basta china on the campaign trail for keeping its currency artificially week while a weaker yuan could help president xi jinping shore up china's export industries in the event of widespread tariffs in the us evaluation comes with plenty of risks it would make it easier for trump to follow through on his threat to brand china a currency manipulator john tucker bloomberg daybreak thank you the federal reserve is keeping an eye on the trade spat between the us and china that's according to many apple is fed president neil cash hurry you smoke with neil cavuto on fox news channel i think the impact on main street is going to be seen over the long term i do think it's very important i think the federal reserve are paying attention but it's too soon for any of us to judge and none of us knows how to weigh the probability of these different outcomes cash cari says it's also difficult to estimate the effect tariffs could have on consumer prices bond traders who we watching the latest us budget deficit projection from the congressional budget office today we get details from bloomberg's christine harvey investors are going to be eyeing this report from the congressional budget office because it will signal how much more issuance is in the pipeline from the us treasury we've already seen a deluge of treasury sold on the market this year and investors have so far successfully seem to have absorbed the but the.
"john tucker" Discussed on Bloomberg Radio New York
"In every article john tucker his name mentioned we'll see a tax increase how can we have constructive task tax cuts if one out of five one out of four people are seeing some form of tax increase i don't i don't get it it it extruded at uh a number of individuals especially in the middle income range booed if de salt the in and booed elimination go through my belt end up paying a higher income taxes and two but on balance of goes you're on average there is a tax cut mr the benefits you crewing go disproportionately writer duty adler percent tiles i i i just ate to me is the obvious thing is a correct me from wrong it's nothing like the debate we saw in 1980 six i mean we are far far removed from the back and forth this is a is it has polarized is healthcare no but it's pretty close to his polarized is the affordable care act debate on my right yes it is of course it now has a component cocktails carried it fast the abolition of the individual mandate which in addition to note leaving millions of people without coverage is also inefficiency efficiency negative because anchorages the adverse selection now they're the healthy for low pay the vote take out insurance election children's and you'll get district crowding of the unhealthy and into insurance driving up rates and continue the proceeds you could even killed.