20 Burst results for "Julia Good"
WTOP
"julia good" Discussed on WTOP
"Com today. Schedule your free in home estimate. It's 1210, just hours ago, President Biden called on Republicans over and again to work with him to finish the job of rebuilding the economy and unite a nation beset by divisions as he delivered the State of the Union address meant to reassure a country beset by pessimism and fraught with division. Joining us to talk more about the speech is Julia Manchester national politics reporter with the hill. Julia, good morning. Thanks for being with us so late. And good morning, no worries. Thank you for having me. What was your biggest takeaway from the president's address? Yeah, you know, I think my biggest takeaway was really the tone of it. The tone, especially going into 2024. And the fact that he's going to announce his reelection bid in the coming weeks or the coming months, I thought he was really trying to hit that sweet spot of being optimistic and striking that unifying tone that we know Joe Biden so well to do. But at the same time, call out Republicans. You know, I think there was a lot of chatter after the speech about him saying that Republicans wanted to cut Medicare and social security or Medicaid and social security, something he saw Republicans really shoot back at during the address with heckling and booing and such. So I think he had a very fine line to walk in terms of his tone, but you know, I think it was overall a very powerful State of the Union. The president paid a compare and contrast a lot of the economy now. It's compared to what he faced lawmakers last year. How far do you think was his assessment? I think for when looking at the jobs part, I think it was a fair assessment because we have seen job growth really increase over the past year and especially a few days ago with that jobs report from last month. We knew that the president was going to walk into the State of the Union mentioning that and wanting to tout that. That being said, though, inflation and rising prices is still an issue that impacts Americans, the president very much trying to tout that inflation is going down under his administration, but we are seeing that this is still an issue that Americans are dealing with in that there are many companies that are very fearful of a recession. You see so many layoffs happening in finance, tech, media. So there are still concerns and I think the question in the coming days will be how many employers and those in the economic sector really heated President Biden's assessment last evening. Now, in her response, Arkansas governor Sarah Huckabee Sanders focused on social issues invoking the phrase culture wars, how effective do you think her response was? You know, I think it's affected for a number of reasons. First of all, we know that the culture war issues plays very well with the Republican base. And I thought it was interesting that she was saying that she's going to unveil an education plan tomorrow. We know that Republicans, leaders such as governor Ron DeSantis, governor Glenn youngkin and Virginia, you know, lots of president Trump. They very much have tried to invoke education as an issue to fire up the conservative base, but potentially also get independent voters on board. So I thought that was interesting how she was trying to very much play into that in her address because we know that this is a major part of the Republican platform. It's education, its parents rights, its parents rights to know what's being taught in their children's classrooms. So I think she was very much trying to push that home. It has been a long night for you, Julia Manchester, national politics reporter of the hill. Thanks for standing up late with us this morning. Of course, thank you. Just ahead on WTO, there
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"And it Bloomberg quick take. This is Bloomberg radio. My from the Bloomberg interactive burgers studios is a Bloomberg daybreak for a Monday, August 15th, 2022, coming up the shower. China's Central Bank unexpectedly cuts the interest rates. U.S. China relations in focus as a congressional delegation visits Taiwan. The fed releases minutes of its July policy meeting. And Walmart Home Depot and target lead a busy week for retail earnings. We are governor hochul speaks from where authors Salman Rushdie was attacked plus New York State is cracking down on speeders, especially this week. I'm Michael Bond. More ahead. I'm John Stacey. We're in sports, the mets stay hot. They shut out the Phillies the Yankees slump continue to shut out loss in Boston. That's all straight ahead on Bloomberg daybreak. On Bloomberg 11 three O New York, Bloomberg 99 one Washington D.C., Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's exam one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. Good morning, I'm John Tucker. And I'm Karen Moscow and U.S. stock index futures are lower this morning. We're coming up to 6 O one on Wall Street. I'm going to check the markets every 15 minutes throughout the trading day on Bloomberg, S&P futures down 20 points, down features and a 139. And NASDAQ futures down 55, the decks in Germany is little change. Ten year treasury that will change. Yields 2.83% and the yield on the two year 3.25% John. And Karen, we begin with a surprise out of Asia. China's Central Bank has unexpectedly cut its key interest rate. That as fresh data shows its economic slowdown getting worse. Bloomberg daybreak, Asia anchor Bryan Curtis has more from Hong Kong. The PBOC cut its one year rate by ten basis points to 2.75%. None of the 20 economists pulled by Bloomberg expected a change. The move comes as China's economy weakened in July. COVID outbreaks and the property crisis taking a toll. Factory output up 3.8% from a year ago, retail sales growing 2.7%, while fixed asset investment grew 5.7% in the first 7 months of the year. All of those missing estimates. And China's home prices dropped an 11th month in a row. In Hong Kong Brian Curtis Bloomberg daybreak. All right, Brian, thank you while stocks in Asia meantime finished mixed after that surprise rate cut from the PBOC. And we get the recap from Bloomberg's Julia at Sally in Singapore. Good morning, Julia. Good morning, John and Karen markets in Hong Kong and China struggled for direction after the July activity data was released while bonds rallied. The yield on China's ten year note dropping as much as 7 basis points, one of its steepest drops since the onset of the pandemic. The offshore yuan Phil, along with the kiwi and Aussie dollars, Japanese shares a rally the nikkei two two 5 close to a racing its losses for the year, markets in South Korea and India were closed. In Singapore, Juliet sali, Bloomberg daybreak. Thanks, Juliet. Relations between the U.S. and China in focus once again this morning, a U.S. congressional delegation landed in Taiwan over the weekend. And Bloomberg Morris has details from our 99 one newsroom in Washington. This delegation is led by democratic senator Ed Markey of Massachusetts in tests whether China will react more forcefully after House speaker Nancy Pelosi went to Taiwan earlier this month. The delegation is set to meet with Taiwan's president and minister of foreign affairs to discuss bilateral relations, security trade and investment. The delegation will reaffirm U.S. support for Taiwan, Reuters cited China's embassy, saying this latest visit shows the U.S. quote does not want to see stability in the region. In Washington, I made me more as Bloomberg daybreak. All right, Amy, thank you. Back here in the U.S., a senior Democrat says he has not seen any evidence that materials the FBI sees from Donald Trump's home were properly declassified. The former president has said the documents were declassified and his supporters claim he has the power to declassify documents on his own. Adam Schiff is chair of the House intelligence committee. A former president has no declassification authority. Right. And the idea that 18 months after the fact, Donald Trump, Trump could simply announce well, I'm retroactively declassifying or whatever I took home had the effect of declassifying them is absurd. Adam Schiff made the comments on CBS's face the nation heard Sundays on Bloomberg radio. And turning to the economy now, the focus this week comes Wednesday. That's when the Federal Reserve issues minutes of its July policy meeting. Let's get more from Bloomberg's Finney del giudice. The minutes could indicate whether fed chair Jerome Powell intended to Senate of his signal at July's post meeting news conference. Loan brick economics is betting he didn't, and it's full speed ahead. I'm lifting interest rates underpinned by a broad sense among officials that the upside risk to inflation is material. Turning to this week's key economic data, the U.S. retail sales may show falling gasoline prices freed up cash for such things as Amazon Prime day while rising mortgage rates put a dent in housing starts. If any doubt should ice boom birthday break. Right, Vinny, thank you. I'll retail will also be in focus when it comes to earnings this week and we get the story from Bloomberg's Charlie pellet. Walmart and target let a list of retailers issuing profit warnings last month this week they report along with Home Depot Lowe's Kohl's Macy's and TJX. Laurie Calvin is head of U.S. equity strategy at RBC capital markets. We will tell you we're not entirely out of the Woods from a market perspective in terms of earnings right now just because if there really is a big macro slowdown coming economically, numbers do still need to come down. But I think for the moment investors are just excited about the resilience that we're seeing. Also reporting this week, agile and technologies, analog devices, Applied Materials, Cisco Systems, and deer. In New York, Charlie palette Bloomberg daybreak. Thanks Charlie. We had earnings overseas out this weekend. Saudi Aramco posted the biggest quarterly profit of any listed company anywhere. Net income at the Saudi oil giant rose to $48.4 billion in the second quarter. That's up from 25 and a half billion a year earlier. While searching oil prices give a boost to energy companies, John, both oil and gas have come down since their June highs and U.S. energy secretary Jennifer Granholm says they may fall even further. Bloomberg said Baxter has the details. The caveat as always is the instability of the glow, but Granholm says given the $4 depending on a region we're seeing now, it should go down even further. We'll probably drop to about $3 and 78 cents. So we hope that that's true. But again, it can be impacted by what's happening globally. Grant home on CNN says the president is monitoring very closely and will do everything within his power to help. In San Francisco, I'm at Baxter Bloomberg daybreak. I think that some news on finances out of Russia now. Major Wall Street banks, including JPMorgan Chase and Citigroup, a reportedly offering to facilitate trades in Russian corporate debt and government bonds. Reuters reports the move took place in recent days after guidelines for the US Treasury that did allow U.S. holders to wind down their positions. Ahead of the market open on Wall Street, down futures, 152 points lower and some P futures down 22 NASDAQ futures down 58 points
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"In for David Bronco. The economy added 528,000 jobs in July. That is far in excess of what was expected. The unemployment rate fell from 3.6% to 3.5%. On top of that, jobs numbers from the previous months were revised upward turning what looked like a slowdown in job growth into a steady increase. Julia coronado is founder of macro policy perspectives and joins us live to talk about it. Hey Julia. Good morning. So is it just me or is this a complete turnaround from what everyone was expecting? Oh yeah, this is a big surprise. The recession narrative in the markets has been very strong and most were anticipating at a minimum of slowdown and what we got is just very strong, very broad based job gains and a new cycle low in the unemployment rate. What does this mean for all these predictions of recession? Well, we're clearly not in a recession. The unemployment rate has to be rising and that usually comes with job losses for there to be a recession. So we're nowhere near that. We consumers have income flowing into their pockets and they are spending it and that is not what a recession looks like. I am also seeing that we have fully regained all the jobs lost in the pandemic. Yes, we have officially recovered all jobs lost about two and a half years to do that. That's less than half of what it took last cycle. So this is a big success in the job market All right. Julia coronado, founder of Mark of macro policy perspectives. Thank you so much. My pleasure. All right, let's do the numbers
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"The markets every 15 minutes during the trading day on Bloomberg S&P futures are up 14 points down futures up a 138 NASDAQ futures higher by 45 points The Dax in Germany is up 1.1% that can't compare us up 8 tenths of 1% ten year treasuries down 1530 seconds the yield 2.34% yield on the two year 2.18% Nymex crude is down 2.2% or $2 49 cents at a $109 63 cents a barrel comex gold down two tenths percent or $4 at 1930 80 ounce The Euro is at 1.0994 against the dollar and the yen is at one 20.82 John And Nathan will have more on the markets in a minute But first new developments involving the war Ukraine's president says he's ready to discuss a deal with Russia in exchange for a ceasefire Amy Morris has details from our Bloomberg 99 one newsroom in Washington Ukrainian president volodymyr zelensky said late last night he is prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire The withdrawal of Russian troops and a guarantee of Ukraine security He called it a compromise for everyone He also repeated his call for direct talks with Russian president Vladimir Putin saying that unless he meets with him personally it's impossible to know if Russia even wants to stop the war In Washington I made me more as Bloomberg daybreak Thank you President zelensky says his forces are still holding Russian troops at bay on several fronts retired U.S. Navy commander ward Carroll says Ukrainian forces remain resilient I can tell you from the legend of the ghost of Kyiv to the other things that they've done against overwhelming odds their air force has shown itself to be very capable Retired navy commander ward Carroll spoke with our Washington correspondent Joe Matthew on Bloomberg sound on catch the program weekdays at 5 p.m. eastern on Bloomberg radio Meantime The White House says Russian president Vladimir Putin's back is against the wall and President Biden tells business leaders that makes him even more dangerous He suggesting Putin could soon use chemical weapons Bloomberg's Ed Baxter has the story Biden in front of the business roundtable CEO quarterly meeting said Putin is already sending up false flags about chemical weapons saying the U.S. has used them as well They're also suggesting that Ukraine has biological and chemical weapons in Ukraine That's a clear sign He's considering using both of those He's already used chemical weapons in the past And we should be careful about what's about to come Biden says the U.S. does not use chemical weapons and the president also warned if a potential of increased cyberattacks In San Francisco I'm Ed Baxter Bloomberg daybreak All right Ed thank you Another major story we're following brings us to yesterday's crash of a Boeing jet in China all 132 people on board are believed dead The cause of the crunch is still unknown Experts remain baffled by the plane's nosedive from 29,000 feet Bloomberg Stephen engel has the latest from Hong Kong Xi Jinping the president of China said he's calling for an all out investigation They have found part of the wreckage We just don't know how this accident happened on a flight from kunming to Guangzhou That was already just about to descend to Guangzhou It's very different from the max accidents in Indonesia and in Ethiopia Bloomberg Stephen engel says the China eastern airlines crash is China's worst commercial aviation accident in more than a decade In turning to the markets now sell off in bonds is deepening You have to fed chair Jay Powell struck a more hawkish tone on his campaign against high inflation The expectation going into this year was that we would see basically see inflation peaking in the first quarter than maybe leveling out and then see a lot of progress in the second half That story has already fallen apart to the extent it continues to fall apart My colleagues and I may well reach the conclusion that will need to move more quickly And if so we'll do so Sheer pal says the fed is prepared to raise the interest rates by 50 basis points at the next policy meeting if needed Tracy McMillan has had a global asset allocation strategy at Wells Fargo They're preparing the market for a really tough inflation fight And so that means we're going to see higher yields and we are seeing those higher yields in the front end that the curve where the fed really has more of an impact Wells Fargo's Tracy McMillan says she prefers equities over fixed income at the moment And we'll have much more on the future of interest rates and the fight against inflation later this morning John will we speak live with St. Louis fed president Jim bullard stay tuned for that conversation It's coming up at 8 30 a.m. Wall Street time on Bloomberg radio and television And overnight we saw the bond sell off spread to Asia stocks in the region gained as the bonds fell Let's get the recap from Bloomberg's Julian Sally in Singapore Good morning Julia Good morning John and Nathan Australian yields here that are higher since 2018 on the ten year note while the kiwi equivalent was at a 5 year high The yield differential between the U.S. and Japan pushed the yen to a 6 year low boosting Japanese equities which returned from a long weekend Then it gave two two 5 rows one and a half percent in Tokyo to post its 6th consecutive session of gains the longest streak since September and Ali Baba shares gay nearly 10% in Hong Kong as the tech giant increased its share buyback program to 25 billion from $15 billion in Singapore Juliet sali Bloomberg daybreak All right Julia thanks On the earnings front this morning shares of Nike are up nearly 6% in early trading the company's quarterly results topped estimates revenue outpaced expectations in all regions including Greater China where sales fell less than predicted Right now S&P futures are higher by 11 points down futures up a 125 NASDAQ futures up 31 points ten year treasuries down 1530 seconds the yield 2.34% Nymex screw is now down 1.4%.
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"Now S&P futures are up By 17 points now features up a 145 NASDAQ futures up 65 points The Dax in Germany up 8 tenths of 1% The ten year treasury is down 14 30 seconds the yield 2.34% yield on the two year 2.17 Nymex crude is down 7 tenths percent or 82 cents at a $111 30 cents a barrel Comex gold down a third of 1% down $6 30 cents at 1928 50 announced the Euro is at 1.1005 against the dollar the end is at one 20.48 John Nathan will have more on the markets in a minute but first new developments involving the war Ukraine's president says he's ready to discuss a deal with Russia in exchange for a ceasefire Amy Morris has details from our Bloomberg 99 one newsroom in Washington Ukrainian president volodymyr zelensky said late last night he is prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire The withdrawal of Russian troops and guarantee of Ukraine's security He called it a compromise for everyone He also repeated his call for direct talks with Russian president Vladimir Putin saying that unless he meets with him personally it's impossible to know if Russia even wants to stop the war In Washington I made me more as Bloomberg daybreak All right Amy thank you President zelensky says Ukrainian forces are still holding Russian troops at bay on several fights retired U.S. Navy commander ward Carroll says Ukraine has remained resilient I can tell you from the legend of the ghost of Kyiv to the other things that they've done against overwhelming odds their air force has shown itself to be very capable Retired navy commander ward Carroll spoke with our Washington correspondent Joe Matthew on Bloomberg's sound on catch the program weekdays at 5 p.m. eastern on Bloomberg radio Meantime The White House says Russian president Vladimir Putin's back is against the wall and President Biden tells business leaders that makes him even more dangerous He suggested Putin may soon use chemical weapons more in this report from Bloomberg's Ed Baxter Biden in front of the business roundtable CEO quarterly meeting said Putin is already sending up false flags about chemical weapons saying the U.S. has used them as well They're also suggesting that Ukraine has biological and chemical weapons in Ukraine That's a clear sign He's considering using both of those He's already used chemical weapons in the past And we should be careful what about to come Biden says the U.S. does not use chemical weapons And the president also warned of a potential of increased cyberattacks In San Francisco I met Baxter Bloomberg daybreak All right Ed thank you Another major story we're following brings us to yesterday's crash of a Boeing plane in China all 132 people on board are believed dead The cause of the crash is still unknown Experts remain baffled by the plane's nosedive from 29,000 feet Bloomberg Stephen engel has the latest from Hong Kong Xi Jinping the president of China said he's calling for an all out investigation They have found part of the wreckage We just don't know how this accident happened on a flight from kunming to Guangzhou That was already just about to descend to Guangzhou It's very different from the max accidents in Indonesia and in Ethiopia Bloomberg Steven engel says the China eastern airlines crashed as China's worst commercial aviation accident in more than a decade Turning to the markets Now a sell off in bonds is deepening and to fed shared J Powell struck a more hawkish tone on his campaign against high inflation The expectation going into this year was that we would see basically see inflation peaking in the first quarter then maybe leveling out and then see a lot of progress in the second half That story has already fallen apart to the extent it continues to fall apart My colleagues and I may well reach the conclusion that will need to move more quickly And if so we'll do so Share Powell says the fed is prepared to raise interest rates by half a point at the next policy meeting if needed Traces McMillan is head of global asset allocation strategy at Wells Fargo They're preparing the markets for a really tough inflation fight And so that means we're going to see higher yields and we are seeing those higher yields in the front end that the curve where the fed really has more of an impact Wells Fargo's Tracy McMillan says she prefers equities over fixed income at the moment We'll have much more in the future of interest rates and the fight against inflation later this morning John will speak live with St. Louis fed president Jim bullard Stay tuned for that conversation coming up at 8 30 a.m. Wall Street time on Bloomberg radio and television And overnight we saw the bond sell off spread to Asia stocks in the region gained as the bonds fell Let's get the recap from Bloomberg's Juliet Sally in Singapore Good morning Julia Good morning John and Nathan Australian yields here that are higher since 2018 on the ten year note while the kiwi equivalent was at a 5 year high The yield differential between the U.S. and Japan pushed the yen to a 6 year low roosting Japanese equities which returned from a long weekend The nikkei two two 5 rose one and a half percent in Tokyo to post its 6th consecutive session of gains the longest streak since September and Alibaba shares gay nearly 10% in Hong Kong as the tech giant increased its share buyback program to 25 billion from $15 billion in Singapore Juliette Saleh Bloomberg daybreak Marie Juliet thank you and on the earnings front this morning shares of Nike are up nearly 6% in early trading The company's quarterly results top estimates revenue outpaced expectations in all regions including Greater China where sales fell less than predicted Right now S&P futures are up 17 points down features up a 151 NASDAQ futures are higher by 64 points The ten year treasuries down 1530 seconds the yield 2.34% nymex crew down 7 tenths percent or 82 cents at a $111 30 cents a barrel Straight ahead your latest local headlines and a check of sports This is Bloomberg All.
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"Just in and was much higher than expected 678,000 new hires last month in America parallel survey of households finds the unemployment rate dropping to 3.8% Economist Julia coronado is founder and president of macro policy perspective since she's just read through the nitty Gritty in the report and joins us now live hi Julia Good morning Lots of hiring looks like across the board Oh yeah Lots of good news for construction workers retail workers education and healthcare leisure and hospitality every sector showed a very strong performance in February But wait wages did not go up January to February How's that possible given all the demand for people Well one answer is that we are seeing better supply of workers The labor force participation rate rose and has been rising in recent months It's something we've been waiting for Another thing is that leisure and hospitality workers that got humongous wage gains last year their wages have flattened out So it was more like a level reset in the wage rate for those workers and it doesn't appear to be continuing It's hard though for workers with prices rising not to get raises or to be losing out because of omicron but I guess it helps the fed align the economy Yeah I mean good news that there's no sign of a wage price the dreaded wage price spiral from the 70s here On the other hand consumers are facing higher prices and with gas prices spiking it could be a tough spring All right economist Julia coronado macro policy perspectives Thank you so much My pleasure As you've been hearing reports indicate that no radioactivity was released after apparent Russian shelling led to a fire for a time at a Ukrainian nuclear power plant Here's the BBC's James waterhouse in Kyiv It was a 5 store training building which was struck at the zapper Asia nuclear power plant Ukraine's state emergency service initially said they couldn't reach the site because of the shelling by the Russian forces the fire is now out but one report quoting Ukraine's nuclear inspector says the plant's been seized by Russian forces This is adding to volatility this morning on financial markets London's FTSE stock index and Frankfurt's Dax are both down 2.9% year stock index futures are down more moderately with Dow S&P and NASDAQ futures all down in the 7 to 8 tenths of a percent range.
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"And I'm Karen Moscow U.S. stock index futures are lower to start the week We're coming up to 6 O one up Wall Street I'm gonna check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures down 13 points this morning Now future is down 117 and NASDAQ futures down 32 ten year treasury down three 30 seconds He has 1.92% and they yield on the two year 1.30% The Euro 1.1423 against the dollar Nathan Karen the drop in futures comes after another volatile week on Wall Street the tech heavy NASDAQ 100 index rose 1.3% while the Dow dropped a tenth of 1% We saw huge market swings tied to earnings SD dweck is chief investment officer at Flo bank We've seen that earnings across a lot of these big tech companies had a very big impact and we could see some huge diverging moves between a couple of names depending on how the earnings results were perceived in how the guidance was perceived So maybe more of a stock picker's market coming in the couple of months But generally speaking I do still think the tech is going to hold up and do quite well in 2022 Flow bank says do you like says Friday's jobs report solidified fed hikes over the next few meetings but the second half of the year is still unclear Well overseas Nathan a rally and Chinese shares have limited drop in Asian stocks Japan led declines in the region and we get the recap from Bloomberg's Juliet Sally and Singapore Good morning Julia Good morning Karen China's CSI 300 gained as much as 2.6% in its first trading session since the lunar new year break before pairing some of those gains It was still the best post lunar new year gain since 2019 Sentiment was boosted by that big jump we saw in Hong Kong on Friday and easing concerns about regulatory headwinds for the tech sector However tech players were sold off in Hong Kong Monday led by Alibaba this amid speculation SoftBank could be selling some of its shares The UK two two 5 closed lower by 7 tenths of 1% in Tokyo after posting its best weeks since October In Singapore Juliet saw a Bloomberg daybreak Okay Julian thank you Back here in the U.S. The White House is planning another push on its economic agenda President Biden's top advisers are hatching a plan to repackage the message Amy Morris has the details from our Bloomberg 99 one newsroom in Washington You'll hear less about inflation and the stalled build back better plan and more about wage growth union jobs and domestic manufacturing Sources tell Bloomberg that President Biden's advisers are resetting the president's approach Supply chain bottlenecks and partisan fighting over COVID vaccinations masks and testing will take a backseat to expanding the productive capacity of the economy This just months before the November midterms where Republican wins could doom any future White House initiatives In Washington I'm Amy Morris Bloomberg daybreak Amy thank you We also have news from the US Treasury secretary this morning Janet Yellen says she has no plans to leave the job anytime soon in an interview with Bloomberg Yellen said there's still a huge amount of important work to do The biggest win over ten years so far was a global agreement on corporate taxes but Congress has yet to endorse the plan The economic data are also in focus Karen On this week's agenda the spotlight shifts to inflation we get more from Bloomberg's Vinny del giudice The monthly employment report remarkably strongest behind us Thursday the government issues the January consumer price index the CPI has been soaring climbing 7% on a year over year basis in December That's the most in 39 years and January's index could run harder as pandemic related supply shortages persist in businesses passed along rising labor costs Also on this week's calendar December consumer credit which should settle back from a record November jump If any doubt judic daybreak Vinny thank you turning to corporate news now Shares a peloton up more than 22% in early trading That's due to speculation of a takeover but as Bloomberg's dug Krishna reports peloton could face challenges if the company tries to sell itself to a big tech firm Peloton finds itself a potential takeover target last Friday The Wall Street Journal reported Amazon is exploring a possible deal Analysts say Apple could be a buyer the FT reports Nike is also considering a bid and Disney has been mentioned as well But regulatory scrutiny could make a deal difficult tech firms are being probed for their reach and influence Recently the FTC suit to block the acquisition of arm limited by Nvidia In New York I'm Doug prisoner of Bloomberg daybreak Okay Doug thanks Spotify is also in the spotlight this morning The company's CEO is speaking out once again about podcaster Joe Rogan Let's get the details on that live from Bloomberg's journey to young Good morning Good morning Nathan Spotify CEO Daniel ek tells staff that he's deeply sorry for the impact of the controversy over Joe Rogan But he supports keeping Rogan's show on the platform Rogan's been under fire for repeatedly using racial slurs and spreading COVID misinformation on his podcast And while several episodes have been removed from Spotify the company's CEO says he does not believe silencing Rogan is the answer Instead he says Spotify will spend $100 million to amplify marginalized voices live in New York I'm ready to young Bloomberg day break Ready to thank you We turn to politics overseas now with the latest on UK prime minister Boris Johnson He's hoping for a reset after key members of his team walked out last week And we get the latest from London with Bloomberg's UN pods Good morning Ewan Good morning Carolina Nathan following the resignation of 5 aids in 24 hours last week the prime minister is moving quickly to rebuild his team including a new chief of staff One newspaper report though says that Boris Johnson supporters are readying for a confidence vote as soon as this week They're said to believe that between 35 and 45 lawmakers have submitted written requests for a vote 54 is the number needed to make it happen But those requests.
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"Just now that 467,000 more people got jobs in the month of January forecast call for just a fraction of that and with some thinking they're actually could have been contraction in hiring but the pessimism clearly was not borne out All of this despite the fact that households and payrolls were surveyed during the bad stretch for coronavirus infections Economist Julia coronado is founder and president of macro policy perspectives and she joins us live morning Julia Good morning Nice surprise here Take that all the time Absolutely There was a strong number for January and upward revisions to prior month So the trend in hiring looks pretty solid up coming into 2022 Oh the forecasters got this off They were expecting maybe contraction Where was their strength in the end Did people not stay home from their hotel and restaurant jobs That's part of the story here So we did expect maybe some decline in hiring in those industries where hourly workers might have been sidelined by Akron but we saw leisure and hospitality at a 150,000 workers retail at 61,000 workers So those expected areas of weakness were areas of strength Wages were up for the month They also tracked that in this series Up 5.7% year on year Yes a very strong gain We see across wage indicators that wage trends are very strong right now And the unemployment rate actually rose but it has been declining steadily and at 4% We're seeing a pretty strong labor market Very briefly Julia a bigger increase in interest rates next month because of this I think this tells the fed to just go steadily not necessarily shocking us So the objective here is a soft landing David Economist Julia coronado live Thank you The parallel survey of households as opposed to payrolls finds the unemployment rate rising just slightly to 4% with more people going from the sidelines and into the labor force Yet going into today's report we need to appreciate that there were 2.3 million fewer people in that labor force fewer working or actively looking for work marketplaces mitchel Hartmann has more on that Disruptions to schooling and child care are still keeping people who were working before the pandemic out of the workforce now Chris hasselmann of Palo Alto California has two young kids Susanna and Eleanor there are four and 6 years old and my wife works at Google She's the primary worker under the primary caregiver That's a big change from before the pandemic when husman was a busy trial lawyer It's a lot of hours a lot of stress It's a lot on your plate And it was similar for my wife They were managing to make it work though Day care evening nanny laundry service cleaners to allow this dual income household to function And of course when the pandemic hit you know it all kind of came crumbling down Neither parent lost their job but those support systems were disrupted So decided to leave his litigating job and take up full-time stay at home daddy I'm certainly enjoying it And with schooling and child care still in pandemic flux he feels no pull to go back to work anytime soon All of that uncertainty makes it really difficult to commit to something like that When the employer landscape hasn't really changed to accommodate working parents for some workers the danger and insufficient returns of work are still keeping them on the sidelines That's the case for Noah Dreyfus a 29 year old bartender in Cleveland He was laid off when the pandemic hit went back to work a few months later but could only get part time hours So we're making substantially less to go in and also risk ourselves you know the virus that could possibly kill us And I had it very early on and it still impacted my lungs Health problems kept him out of work part of last year Then he started looking for bartending jobs again But the reality was very different from before the pandemic I've had the interviews and they've got great But then they're also saying like oh we're only open from 3 p.m. until 9 p.m. Thursday through Saturday That's not a realistic option And it's also not going to put anybody above the poverty line He's still got some savings and says he won't take work that pays less than half of what he made pouring drinks before COVID hit I'm.
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"Good morning I'm Nathan And I'm Karen Moscow U.S. future is looking at stage a comeback They're rebounding off the worst levels this morning and moving higher We're coming up to 5 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures have 5 points down futures up 6 NASDAQ futures up 54 The Dax in Germany is down four tenths of a percent and your treasury up 6 30 seconds yield 1.84% Nathan Karen stocks did sell off overnight after yesterday's hawkish tilt from the fed but U.S. futures are bouncing back from session lows J Powell signaled a march interest rate hike but also stoked speculation about more aggressive policy in the months ahead I think there's quite a bit of room to raise interest rates without threatening the labor market By so many measures historically tight labor market With a yield curve flattened on the heels of those comments from Jay Powell this morning two year yields are rising while tenants and 30s fall former fed vice chair Alan blinder expects a rate hike at every meeting this year Think about where we are now We're almost at a zero rate of four rate hike puts you just above 1% That's hardly a Central Bank that's trying to clamp down on its economy Former vice chair Alan blinder says the fed will continue to be data dependent on this morning money markets are now pricing 5 rate hikes from the fed this year Nathan U.S. stocks sank after the fed decision and that trend continued overnight with heavy selling in Asia We get the recap from Bloomberg's Juliet Sally in Singapore Good morning Julia Good morning Karen the MSCI Asia Pacific index posted its biggest drop since February to hold at 14 month lows as a number of indexes in the region teetered on or entered bear market and correction territory China's CSI 300 filled 20% from its February peak to enter a bear market South Korea's Cosby also entering a bear market Australia's ASX 200 was down 10% from its August peak to enter correction In Singapore Juliet sali Bloomberg daybreak All right Julian thank you So how much further is the Federal Reserve willing to let stocks slide We have a prediction from the world's biggest hedge fund Bloomberg's who need a young joins us live with the details Good morning Good morning Nathan It's the burning question of the moment for market watchers and Bridgewater associates co chief investment officer Greg Jensen says the fed could let stocks drop as much as 20% more That would put the S&P 500 below 3500 near its pre-pandemic level Justin says so far the decline over the past few weeks has been mostly healthy because it's deflated some of the bubbles like cryptocurrencies live in New York I'm ready to young Bloomberg daybreak Renee thank you Stocks are also under pressure this morning from earnings including disappointing results from Intel that ship makers out with a weak profit forecast for the current quarter and we get the story from.
Bloomberg Radio New York
"julia good" Discussed on Bloomberg Radio New York
"Start the week we're coming up to 6 O one on Wall Street and we check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures up about 15 points to now futures of 81 NASDAQ futures up 62 the decks in Germany is up 9 tenths of a percent Ten year treasury up three 30 seconds yield 1.47% in a yield on the two year .66% Up a tenth of a percent at 71 75 cents a barrel Nathan All right Karen we'll have more on the markets in a minute But first we're getting more information on the omicron variant and just how effective current vaccines are against the new strain Initial data out of South Africa appear less than encouraging Let's get the details live from Bloomberg's ready to young Good morning Good morning Nathan a two shot course of Pfizer's vaccine may have around 23% efficacy against symptomatic infection with the omicron variant That's according to lab experiments in South Africa researchers say oh Macron is compromising the ability of vaccines to protect against infection but there's still sufficient protection against severe disease Meantime new research from the University of Oxford shows both the Pfizer and AstraZeneca vaccines induce lower levels of antibodies against the omicron variant This increases the risk of COVID-19 infection and in the U.S. at least 30 U.S. states are reporting cases of the variant Live in New York I'm ra need a young Bloomberg day break All right ready to thank you but we're also learning that the president of South Africa has contracted COVID President Cyril ramaphosa tested positive over the weekend and is receiving treatment for mild symptoms The 69 year old president was vaccinated with a single dose Johnson & Johnson is shot back in February In the UK Karen Boris Johnson is warning of a COVID emergency in an address to his nation last night the prime minister said an end of the year deadline for the country's booster vaccination program No one should be in any doubt There is a tidal wave of omicron coming And I'm afraid it is now clear that two doses of vaccine are simply not enough to give the level of protection we all need Prime minister Boris Johnson says the number of daily omicron cases almost doubled Sunday in an interview with British radio UK health secretary Sajid javid said there's no guarantee schools will be kept open as the omikron variant spreads Still Nathan the pandemic should not have yet impact on equities this morning the U.S. futures and European averages are higher and stocks in the Asia Pacific rose on the back of China's pro growth policy stance at a key economic meeting last week Let's get the recount from Bloomberg's Juliet Sally in Sydney Good morning Julia Good morning Karen and Nathan the MSCI Asia Pacific index rose for a fourth session out of the past 5 as China's stocks and yuan climbed after the nation's annual economic conference ended Friday with a vow to ensure stability and front load policies China's tech giants including Tencent and Alibaba lifted Hong Kong's benchmark as watches 1.6% before it paid some of those gains in the afternoon session Expectations that China will move to increase stimulus next year also boosted commodities iron ore in Singapore surging more than 7% prices also jumping in dalian And Japan's nikkei two two 5 rose 7 tenths of 1% in Tokyo In Sydney Juliet sali Bloomberg daybreak All right Julian thanks Back here in the U.S. there is criticism of the Federal Reserve this morning ahead of this week's policy decision Muhammad el Arian the chief economic adviser at alliance and a Bloomberg opinion columnist calls the Central Bank's take on inflation historically bad The characterization of inflation is transitory is probably the worst inflation call in the history of the Federal Reserve And it results in a high probability of a policy mistake So the fed must quickly starting this week regain control of the inflation narrative and regain its own credibility Otherwise it will become a driver of higher inflation expectation that feed on to themselves Muhammad Ali and made the comments on face the nation from CBS heard Sundays on Bloomberg radio Outside of Wednesday's fed decision Nathan Wall Street also gets a look at retail sales from the start of the holiday shopping season Figures for November highlight this week's economics calendar and began more from Bloomberg so then you don't do nice Bloomberg economics as consumers might have hit the ground early as a tangled supply chain could delay holiday shipments Better safe than sorry Just the same red hot inflation and stubborn COVID-19 infection rates are weighing on the economic recovery November's producer price index could post the largest year over year increase in at least a decade The labor market is clearly back from 2020 collapse I want economists anticipate weekly jobless claims will hold near a half century low Many doubt judic Bloomberg daybreak All right Vinny thanks And currency markets this morning the Turkish lira has weakened to an all time low The currency fell below 14 to the dollar after S&P Global ratings lowered the outlook on turkey's sovereign credit rating to negative This week turkey's Central Bank is expected to cut its benchmark one week repo rate And Nathan we have some serious news on the cybersecurity front this morning Security firms say hackers have begun exploiting a critical flaw in software used by businesses and governments around the world The flaw is in a widely used programming tool maintained by the nonprofit Apache software foundation The vulnerability is considered so serious and time sensitive that government agencies from Switzerland to the U.S. and Australia have been urging companies to quickly install patches And in corporate news that may contain spoilers this morning Karen peloton is firing back the company's put out an ad responding to a scene in the new Sex and the City series in which a character dies using its product The commercial features Chris Noth the actor who plays mister big who died in the show saying he feels great and asking if he should take another ride Peloton shares which fell more than 5% the day after the show premiered are now up 3% in early trading You're listening to Bloomberg daybreak This has 6 O 7 on Wall Street We're at 41°.
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"Of the most widely used ERP and ecommerce solutions have alera tax compliance done right From marketplace I'm simply been ashore in for David brancaccio a 194,000 jobs were created in September That is so far below what economists expected Many thought hoped we would get 500,000 jobs So this was a big mess and not what we hoped for Let's bring in Julia coronado founder of macro policy perspectives Hi Julia Good morning This was so disappointing what happened Well we've lost momentum in exactly the areas we needed it the most probably reflecting some impact from the delta variant So we've seen leisure and hospitality hiring slow pretty substantially from the big numbers in the summer And education workers We actually lost more than a 100,000 state and local education workers in September which is the opposite of what we were expecting Yeah normally this is like back to school time should be getting a million plus education workers coming back Why did that unhappen Well I think there's both supply and demand problems here again tied to the pandemic We are hearing about shortages of things like bus drivers but also we saw labor force participation of women actually decline in September We thought this was going to be when people were going to be going back to work And in fact issues with child care and day care and ongoing struggles with the delta variant have restrained that kind of activity Julia cornado founder of macrophage perspectives Thank you as always My pleasure Let's do the numbers then The footsie in London It's about flats Dow S&P and NASDAQ futures are up in the one 7 tenths percent range with the Dow future up 25 points The ten year treasury yield is at 1.583% Marketplace.
MyTalk 107.1
"julia good" Discussed on MyTalk 107.1
"Listening to the best of Glory and Julia. Good stuff. Real good stuff. Our favorite moments from last week's shows on my talk One of 71. So what are you trying to say? Hollywood Hollywood beginning? What is the meaning of this? Yes, dear. My my eyesight. It's good. My Schmeichel works. What else do you want? And this is from an interview with Martin Short? No, this from the independent and it is, um Gene Simmons because he is unveiling his debut art collection. And gave an interview. That's a good headline, isn't it? That's a great headline. And how old is he? Uh, maybe 72 if you should still works without good for him. Yeah. I mean, and then one guy, uh, responded. Mr Simmons is a guy who can't play guitar, wears the glasses and hasn't ever even seen ish Merkel. I'm envious. That's funny. Oh, anyway, Okay, So here's another one for you to Hollywood Speak. This is an exclusive Julia Erika Jayne now considers her former confidant Kyle Richards, to be quote unquote. Two faced Yeah. Yep. Here's Ghilas. Yeah, OK, yeah, to face to all the time to everybody with everybody. And apparently, she's the nicest one to the crew. I believe, because she's been acting since she was totally believe, but I think her to face nous is Also a middle child syndrome thing where she wants everybody to like each other. Yeah, because I see it unfolding. And I think I would say the same thing. My middle child this because this team China here isn't getting along. They're not getting along. Here's what I think You said, Let me summarize what I think you said. Let me say what I what We really all mean whether you like it or not, But this is let's get past that. And that's what I like about because like a mob boss, she wants unwavering loyalty. And so that you Goes on to say that Lisa Renner's are only two friends on the show. And that's because Lisa Renner, Erica gave Lisa Rinna money for lip cats. I mean, that hasn't come on. That hasn't come out yet. But yes, Lisa Rinna has been loyal to Erika Jayne in a way that she wasn't to her year her 20 year friendship with Denise Richards. It's beyond me, and it's either she's afraid that Erika Jayne is going to stick the mob after something because Erica Jean would She would scare the living crap on me. I think I put my pants and she came at me. I mean, I think my body would I would have like the worst reaction to even because she uses such foul language and her looks and her history and her Yeah, I really think I could go into just a mode of complete. Yeah, just stands lose all control control, But yeah, maybe that's why Lisa is her quote unquote. Only true friend Evan Lisa scared to get out of it. I be scared to get out of that friendship. Okay? Prince Albert is speaking to people magazine. That's how well that's Okay. His princess went on a 10 Day vacation in May the beginning of May, his wife, his wife and mother Children, and she isn't come home Grant, and it's now September 8th. It's a long Oh, no. So here's what he says. You know, you know things the gossip must be getting to him for him to go to People magazine, he said to people magazine cheating Leave Monaco and a half. Oh, for sure, she had a Sinus infections surgery. That was the original want 10 Day maximum stay, and she's still there now because she had this faction. And all these medical complications. Interesting wording. It was all that he would quote. These are his words. It was only supposed to be a week long, 10 days. Maximum stay. Like She had to come back basically what he's telling them. She has been the princess under lock and key. She tried to get away on her wedding day Grant. I got stopped at the nice airport. Oh, And then he, Albert emphasize to people. She didn't go into X exile. It was absolutely just a medical problem which had to be treated. Yeah, I probably should have addressed these rumors, Sooners, but I was concentrating on taking care of the kids. I thought it would just go away. You know, if you try to answer everything, then you're constantly responding. You're wasting your time. Oh, this is a very troubling statement. Yes, well, they were just for united. He went to visit her with the kids. Yeah, but it's it's it's not going to monocle that he's addressed at all. It's interesting that he's flatly denying it. It's interesting that he would say she was only supposed to be a week long, 10 Day maximum state who talks like that she supposedly went to see some family. And to check on her foundation. When I go on a trip case, he doesn't call it. She's in a three day maximum. Say your tank. Just that's so strangely, it jumps out. She was supposed to come back or visa. We only we only gave her because the Monaco is a country in itself. Yes, that's true, as the Prince of Monaco only give her a taxi visa, pretend days and she is breaking it right. And I thought it would probably all this would go away. But the French papers are talked. The German papers Italian of the UK always have had a little bit here and there, but it really building momentum. We need France and Italy to get on board death to realize that this is a very long time. For a sign first for vacation or maximum stay, and then it becomes a Sinus infection. And then there's another thing, and then we see the pictures of them last week, and I mean between her and the daughter. It was like looking at I mean, it was like the Allman it really everyone looks so frightening the it does look like the old man and a little bit of Rosemary's baby. She's blinking at us, but we can't read her Sinus side. Well, she's not going back. No. I don't know. I mean, I feel like she wouldn't like it. Maybe it's just hard to leave him. But in all of this, remember, she did just again deal with the fact that yet another illegitimate child and lover have come out of the woodwork. There's been four And she's been with this guy before that, like Silbert has like he's going to different baby must get a lot of kids in the camp, and he doesn't zap it up. I mean, he he will not and again if you look at Prince Albert, I mean, he looks like a human potato even when he was younger Prince. He's reason Prince so he's got royal de Yeah. The D Energy and Real D. Uh, reggae. John Page says he quote unquote. I respectfully exited the bridge hurting cast What Apps group. I didn't want to put them in an awkward situation where they had to kick me out. What? Whats app? What's up, So.
Monocle 24: The Globalist
Last US Flight Departs Kabul, Leaving Afghanistan to Its Fate
"The united states has confirmed that all its forces arouse of afghanistan with the final evacuation flight leaving kabul around midnight. Local time on monday loud gunfire was heard at kabul airport as the taliban celebrated the withdrawal after twenty years. Well let's get the latest now with julie norman lecturer in politics and international relations that ucla. Who joins me down. The line julia. Good morning to you and thanks for joining us. Can you describe what happened overnight in afghanistan please. Well essentially what we saw. Georgina is what was known to be coming by the state the full withdrawal of the us military presence so actually prior to this morning the last us personnel on the last us aircraft departed from kabul and before leaving. The us also disabled the remaining military clinton in that was there the remaining helicopters etc. So that when the taliban did end up coming to their fuel come into the airport taking over They were pretty much left with just the run of what had been the us military presence prior and there were celebrations and some parts of afghantistan yesterday with this Seeming like a turning up the page so to speak with these taliban officially taking over obviously a lot of fear interpretation from others afghanistan at the same
Ace and TJ
"julia good" Discussed on Ace and TJ
"A lady named julia. Had one time on delicious audio. Who's the guy that was like the next. He met her one day. The next did he track her down. They connected on a dating app for older singles and He sent he started blowing up with messages after the date started went well but not as well as he thought it went and he sent her a video message and shared it with the world. Good morning julia. It's me joe just wanted to say hi wish you a great day. Tell you that meeting new yesterday and get a look at you was published on the greatest moments in my life. You are so beautiful. You don't know how beautiful you are to me. I mean just your gorgeous but it's been sitting in my mind when you said to me you want to go back with your ex boyfriend. Please race from your memory Love you like you never know love before and believe me after experience me. You wouldn't even know who your ex boyfriend is see. Saw hope this video doesn't scare you know. But that's how i feel. I look forward to going out to dinner with you. So let's make it happen. Be being looking forward to go in the dinner with you so stake dunya troch. Make it happen julia. Good morning how are you and i forgot. They didn't meet on. They just ran into each other at the bar. She was kind of drunk and she woke up with that video so she must have given her number at some point. But you said you going back with ex. Yeah they'll do it. You'll forget iraq batch iraq's when you meet me too much trump. it's me joey meatballs. Surely i love you mean this video creep creepy out. It's too late. you scare. You scared you. are you scared. A forty five second long video bit scared for thirty seven. I'm scared me. This is the ace and tj show. Ever wanted to break out of your cubicle and into a business where you can call the shots you break. Fix looking for passionate self-starters interested in a franchise opportunity in the electronics repair industry. And you break i fix. We help reconnect people to the devices that they rely on that they can get back to what matters. Most this is a big responsibility and from the moment you join our family. Our franchisees are provided with the resources and support to bring affordable and convenient electronic prepared to your community. Did we mention that with amazing partners like samsung and google. You break i've fixed. Franchisees also have access to the highest quality parts and personalized training out there as well as specialized tools. It's true and it's also easy to visit. You break fix dot com forward slash franchising and learn more about your big break and your very own you break. Fix is the acing. Tj we go in visit real strip clubs across the united states and read real one-star strip club. Oftentimes these guys leave their full names. And they're all is that reviews strip clubs beyond but we can start in memphis tennessee. At the pony and herald left a short one star review he said i asked about their covert protections and someone punched me in the face editor. Take take everything off right. So punched me in the old. We can go to tampa florida which is always fun. Mons venus world-famous nude strip club mons venus world-famous nude strip club tampa. Buddy left a one-star reviews at my clients and i would come to mons venus after meetings and dinners. This may now be a tradition gone down the drain. This new wave of ladies seemed to lack the class and maturity that was once they shut up mons venus champa. Yeah that's what you always use this. Classy place is nice Okay that's that's an oxymoron. Classy strip clock break but then the classy tatum bar girls class. It's called mums at matthew. Also left a one star review at mons venus. He said it's one of the war strip clubs ever sickly home lay white girls. Only no thanks. The hispanic waitress with the long black ponytail is extremely rude and should not be in customer service. Negative seven out of ten. You've been warned okay. You don't say. I didn't warn you. Saudi was going on to say something nice about the hispanic weights only white girls and now the hispanic waitress with the long ponytail. She should have been dancing now. Extreme namely yeah most of them are hispanic women's then we'll go. We'll go to the french quarter in hot springs. Arkansas thrown by zygi but Paul left a one star view. Worst place ever. I went over there and gave it my all to be professional and courteous. Everyone just to be treated like a piece. From the notorious nicole dancers were great management. was horrible. no class whatsoever you better off going to centerfolds so notorious nicole. the torey is nicole. I didn't see any of the reviews about her but she's notorious and then another one from the french quarter in hot springs arkansas. Jane said they should call this. Place the little stank box. Just a bunch of fat and ugly girls not worth the cover. They charge to listen to the jukebox and watch girls. That can't dance and bother you more than service. You spices terrible. I was harassed though time. And i was only there for twenty minutes. Don't go so they have a jukebox. Instead of a dj. Yep wow i just wanna go listen to the jukebox. Platinum eighty four in denver. Colorado dwayne left a one star review. I got hit with trespassing ticket because the bouncers kicked me out only because they didn't like me. How's it trust acid. If if i paid to get in. There's more of the tj show coming. I can't wait. This is the as tj show. I just remembered the riggins. What did i say to you yesterday. She didn't insulted you. She says oh. I didn't know you were so pasty. White just like that. I was like what. I don't know you're always covered up. You've always got long sleeves on it and long pants. I was wearing shorts and feature yesterday so it is surprising that all because his face he looks tan. Well whatever i mean she just came out and said i was like excuse me. Excuse me she just dropped a bomb. So that i pointed all that cat hair say anything become bad. It's not. I mean it didn't help that you're sitting next to tj. And he's like shining. I know cologne wendy..
KQED Radio
"julia good" Discussed on KQED Radio
"I'm Andy you learned for David Brancaccio. June's job report came out earlier this morning from the Bureau of Labor Statistics. 850,000 Jobs were added last month, which is more than economists expected. They were anticipating something closer to 700,000 here to help us break it all down as Julia Coronado she's founder of macro policy perspectives. Good morning, Julia. Good morning. So this is a big number of pleasant surprise. I imagine. Oh, yes, This is a we're moving in the right direction with stronger job gains relative to prior months and big numbers where we need to see them. And specific hospitality. And also, I guess the government hiring two Yeah, yes, exactly so leisure and hospitality, which was hardest hit by the pandemic, added 343,000 job and government workers, state and local government, in particular, added close to 200,000 jobs. We lots of million people in that sector. So again, That's where we need to see the job gains and that's exactly where we're seeing them. Now, wage growth was just about where folks expected to be 0.3%. Is that enough to lure folks backers just sort of ho hum? What do you think There's plenty of scope for improvement in the labor force participation in coming months. We still think things like school closures and just time to search for jobs is holding people back. But, yes, it's a solid wage gain. But it's kind of the sweet spot for the Fed. It's not something that triggers concerns of a wage price spiral. It's a solid gain. We do think it'll bring people back. Julia Coronado is founder of Macro Policy perspective. Thanks, Julia. My pleasure. Let's see the numbers. Traders.
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"I'm Andy you learned for David Brancaccio. June's job job report came out mere minutes ago from the Bureau of Labor Statistics. We had 850,000 jobs added last month, which is more than the expected number that was closer to 700,000. Here to help us break it down is Julia Coronado, Founder of Macro Policy Perspectives Right down the street from me here in Austin. Hey, Julia. Good morning. So this is is a big number a pleasant surprise. I imagine. Oh, yes, This is a we're moving in the right direction with stronger job gains relative to prior months and big numbers where we need to see them. Mm. And specific hospitality. And also, I guess government hiring two. Yeah, yes, exactly so leisure and hospitality, which was hardest hit by the pandemic, added 343,000 jobs. And government workers, state and local government, in particular, added close to 200,000 jobs. We lost a million people in that sector. So again, that's where we need to see the job gains and that's exactly where we're seeing them. Now, wage growth was just about where folks expected to be 0.3%. Is that enough to lure folks back or is it just sort of whole hum? What do you think? There's plenty of scope for improvement in the labor force participation in coming months. We still think things like school closures and just time to search for jobs is holding people back. But, yes, it's a solid wage gains, but it's kind of the sweet spot for the Fed. It's not something that triggers concerns of a wage price spiral. It's a solid gain. We do think it'll bring people back. Julia Coronado is founder of Macro Policy perspective. Thanks, Julia..
KQED Radio
"julia good" Discussed on KQED Radio
"There's news this morning. Employers hired 559,000 more people in May not as high as the professional forecasters were expecting, but not as great. A disappointment is last month. Let's bring in economist Julia Coronado, founder of Macro Policy Perspectives. Good morning, Julia. Good morning. Some forecasters expected more. But you're okay with this. I mean, it's a lot closer than last month, and by normal standards, this would be a phenomenal job numbers so more than half a million people back to work in one month is not bad. Who's getting hired and where So more than half of the jobs were in the leisure and hospitality industry. So people really going back to work as people are starting to go out and about again. We also saw a lot of state and local government workers, particularly teachers getting hired back. And then we saw some of you bounced back in manufacturing and healthcare workers, So it was a broader base of hiring than we saw in April. And you know, you hear all these employers who say they can't find people. Is that putting up wages? Do we see that? We do see some increase in wages, so we saw half a percent increase for the month. That's a solid gain in wages. That's good news for workers, and we know those leisure and hospitality workers. Are earning raises to come back to work. Julia. Thank you checking markets. The Dow is up 131 points for 10%, the S and P up 7/10 Percent, the NASDAQ Up 1.2%. Now, given the recent RANSOMWARE attacks, the Justice Department is ramping up its intelligence gathering on cybercrime. Marketplaces. Nova Sasha joins us now. What do we know? Well, what we know is that the Justice Department in a new memo, two U. S. Attorneys around the country is directing them to share more information about various investigations of online criminal activity. Now this is all to try to get a handle on ransomware threats. Experts say. The DOJ s move is akin to how it deals with terrorism. David Specifically what the various regional offices are being directed to share is information and details from their cases about specific cyber attacks and also cases involving Cryptocurrency exchanges, online money laundering and other illicit activities on the Web. And that way officials hope to centralize information and to better make connections between various incidents and see the bigger picture in terms of economic and national security threats. It took all this to increase the vigilance. And they're increasing it now because officials say the threat is escalating. The White House yesterday put out a warning letter to the private sector, saying there's been a significant rise in the frequency and size of ransomware attacks, and many companies are paying ransom demands from hackers because The ransomware attacks are causing major disruptions. For example, in the colonial pipeline attack last month. We know that caused fuel shortages in the southeast, and we know Colonial paid a $4.5 million ransom. And there are millions of dollars to be made David and that's incentivizing. Hackers to launch more and more ransomware attacks. Nova Sappho..
WNYC 93.9 FM
"julia good" Discussed on WNYC 93.9 FM
"For the first time since pandemic April, the number of people on American payrolls did not rise. Instead, payrolls in December actually dropped by 140,000. That is also weaker than expected. Economist Julia Coronado is founder with macro policy perspectives, and she's been reading deeply into the report. Hi, Julia. Good morning. Where was the weakness focused? The weakness was focused almost entirely in restaurants, which is not surprising. Given the rise of the pandemic. They had to shut down. They laid off almost 500,000 workers. Which nuances the other piece of data that wages went up 8/10 of a percent month on month. Right exactly on And that's not because wages are rising, but because a lot of low wage workers fell out of the calculation, so that's not a sign of spring but a sign of weakness and that the most vulnerable workers are getting hit the hardest. It was terrible in restaurants. But if that's where the weakness was concentrated, maybe things were at least treading water elsewhere. No things were pretty decent elsewhere, you know, Expected strength and in housing, construction and manufacturing s o some decent numbers. If we can turn the corner on the pandemic, some of this could be transitory. I think that's the glass half full take of this report. Economist Julia Coronado. Macro policy perspective. Thank you so much. My pleasure. So, December numbers but keeping this 2021 focus. What about the month? We're living in now? January marketplaces Samantha Fields the short answer. Not yet. For one reason the U. S. Is still setting records for new covert infections and deaths. I think that that's the biggest determinant. Frankly, what's the virus doing? Erica Grow? Shin is an economist at Cornell University. She says. As long as so many people are staying home. We just aren't going to see a lot more hiring. We sort of reached a plateau. I would say that is not going to look a lot better until the vaccine reaches the whole lot more people and we're not there yet. But Heidi Shierholz at the Economic Policy Institute says the latest covert relief package will have a positive effect on the economy this month without that stimulus package. Over 10 million people would have lost unemployment insurance benefits at the end of December, and that would have been a huge drag on the economy that we will not see. And with the Democrats soon to be in charge here, hold says there is likely more relief on the way. I'm Samantha Fields for marketplace. Markets. The SNP future is up 4/10 of a percent. Now it is the week that interest rates started moving up off their pandemic. Close. The 10 year benchmark is up now at 1.9%. Marketplace Morning report is supported by C three dot ai c three dot ai software enables organizations to use artificial intelligence.
Bloomberg Daybreak
Asia Pacific stocks mixed as China's inflation data misses expectations
"Hundred you Florian Asia appears to be wearing off stocks in the region finished today's session mostly mixed numbers really at Sally joins us from Singapore with the details good morning Julia good morning Karen the China X. index of small cap stocks listed in China rose nearly one percent while the broader CSI three hundred because lower by two tenths of one percent with data pointing to slowing inflation south Korea's KOSPI gained a third of one percent to close at a four month high and so despite the nation's jobless rate rising to a ten year high Japan's Nikkei two to five index closed above twenty three thousand points with the relative strength index now showing Japanese stocks
Bloomberg Daybreak
Investors digest US-China trade updates
"Investors like what they're hearing from the White House suggestions of progress in trade talks help stocks in Asia finish today's session with gains Bloomberg's Juliette Sally joins us with details from Singapore good morning Julia good morning they then carried equities rose in Tokyo city and soul while the one game against the dollar and the O. C. and K. way will also be it as exporters snapped up the commodity currencies amid fear they may have to pay higher levels for spot next week in the event to deal is a great two of the weekend however equities in mainland China fell after the pay BOC kept its key interest rate unchanged at three and a quarter percent despite a surprise twenty nine billion dollar injection into the banking system three one the alliance to banks in Singapore I'm Juliet's Ali Bloomberg