17 Burst results for "Lisa Graham"
"lisa graham" Discussed on Bloomberg Radio New York
"Carnage Yesterday we were down 5% from the peak on SPX down seven or 8% on NASDAQ. 100 John, where we are is about where we were on Valentine's Day. Of course, John, you do remember Valentine's Day That was pre pandemic So all we've really done is pulled back to the pre van de Mick. Highs. I think we've got to put some perspective in this is we saw, you know what was it down? 708 109 100 yesterday doubt points. I'm not sure why I'm the target of remembering Valentine's Day. But do you really want to discuss the usually I usually do? Okay on Valentine's Day, Tom, it's you that I worry about. It says True, agree that would be true. Because you often don't remember it. That would be true. That would be true. Although I do remember Lisa Roses scenario with John a few years ago, trying to bring me into this really teller? Yeah, it was amazing Road I was trying to get back to your silence is a big deal. Frozen engineering in history. This is a hugely emotional deal. John the distance from San Jose. The Senate clear out the Stanford Berkeley combine. It's like four miles, maybe five miles. But Xilinx is one of the storied story names coming out of Fairchild of years and years ago and to see this merger today 35 billion large It really says something about the combination of all the history of the Bay Area. $35 billion in stock and a tale of two companies in one sector in town. Not so great at the moment home and I am day really performing. That seems to be the story in that industry at the moment. Yeah, as you mentioned, you actually know John to me, you know, and I'm speaking as an amateur here in engineering to me, the story here's until really didn't play. This is a MD giant 11,000. Employees taking out 5000 employees, Xilinx but two You're just dead on the until that we knew 10 and 20 years ago, maybe a kindle. IBM is a changed company. Lisa, let's get to the data 90 minutes away. The United States of America. We could keep talking about Valentine's Day. Or we could keep going with this, I will say just to build up. This concept of tale of two different companies within the same industry will get a 30,000 ft view of business investment at 8:30 A.m.. With US September durable goods orders. Capital Investment is a sign of confidence and, by many accounts has been coming down. 1 P.m.. The U. S. Is selling $54 billion of two year notes. I wanted to put this on because I know that Tom follows these options so closely, but also because there are a serious of record breaking Treasury options this week more than $150 billion of notes. The question is, at what point the incredible supply will overwhelm the demand. So far, no sign of that after market. We are going to be getting earnings from Microsoft sort of trying to get a sense, in my opinion off whether they even matter or whether some of the big tech names that are set to report on Thursday, also alphabet Amazon, a cz well as Apple, whether they will really have to deliver or whether it's completely an interest rate play, John Lisa Graham is the earnings a little bit later from Microsoft. And then on Thursday, we're going to hear from her, Tom, we have Apple Amazon iceberg all Thursday afternoon, right was a massive day coming up a little bit Nice. I mean, I'm in triple lovers all cash, but I read Joe Feldman over Telsey Advisory Group on Amazon today. Very carefully, John. To be blunt. He's at high end a street. He's got a 4000 target on Amazon. Let's call it up 20%. In short order, But he was extremely optimistic about not only the combination of those cardboard boxes that everybody sees in their lobby, but also he really spoke about a resilient cloud where there's other cloud challenges out there. Stock up in the premarket Amazon of 7/10 of 1% futures advancing 14 on the S and P 500 years. The price action this Tuesday morning we advance 4/10 of 1% 14 points on the S and P 500 the euro doing nothing. Eurodollar one I'd say 15. We had a break 21 18 earlier very briefly. 1 17 handle. Tom was sleeping in the bond market. 10 year yields on Chang 0.7994% on a US 10 years. You know how this works. I introduced a guest from Morgan Stanley. They talk about a V shaped recovery and they were right. Everyone asked wrong later. Last some questions about what it might be wrong in a month. Two months next five minutes, right here on Bloomberg, Andrew Slim. Enjoy this right now It's down the investment management Sena portfolio manager. Andrew Well down your smiling, the more I know, recovery stocks up and all that. What's the latest Cole right now? Andrew? How do you see the evolution of this call at the House of Morgan Stanley? That's been pretty spot on for the last six months. Well, you know, as a portfolio manager, I see the evolution as really be equal. Waited SNP up, formic operated, which is namely that a cz you know, up through September. The cath waited was massively outperformed equal. It is massive them for the small cap index. And then something happened. And that is that we're starting to see more of these economically census stock starting to pick up so I think the evolution is that it's not so much at the market level at that protects the cap away. That's a P It's more the underpinnings of the rest of stocks Inducted have really live behind. I think they're starting to price some type of reopening, but they did get very over ball on a short term basis. So things like yesterday doesn't surprise me at all that we had, you know, retraining in a bit. Andrew. The goal here is to have some patients. I want you to find the character and color of patients right now. How do you counsel patients say out to January or February of next year? Well, I'm counseling patients through next Tuesday, which is resisting orders. They overreact to whatever happened in the election That doesn't doesn't fit your You know, whatever. You're not you, but your political view is because, you know, Look, I got great hair. I've been in this business a long time. I don't seem so many people so many people react. By doing things in their financial portfolio to express their political views that never turned out to be right. So I'm trying to get people just look past but as it pertains to out to next year, you know there's a history of re outbreaks. About diseases in the fall after the initial outbreaks in, you know, the winner of spring previous on You don't get as much of a pull back in the market because it's a known rest. We knew we were going to get another. Reemergence, and so I don't think From a financial standpoint, it will cause the destruction that we have the first run, and I do think the market will begin its still October But the market will begin to anticipate that we will get through this. It's some point that the cobs You know, this is a very important part of the comparisons for a lot of companies that were shut down this year is going to be very, very easy. Next year in the market won't sit around and wait for the reality that happened next year. It's going to start anticipate that as we get later into this year, so I think we get through the election. And it doesn't really matter who's elected to the comparison is going to be easy for a lot of these companies. I think that's what people will focus. So perhaps 10 minutes ago, Andrew, I might have asked you about what happened to the vaccine isn't exactly as effective as people. Thank or the virus is spreading more than expected. But that would make me incredibly predictable..
"lisa graham" Discussed on Bloomberg Radio New York
"Paul Sweeney. I am not Tom Kane. I have not Paul sweetie. I'm Lisa Graham Boyd's filling in for Paul today, Quiet Day in the U. S. And it's a perfect example of how bond markets are smarter than stocks because they decided to take the day off. We're here. Stock futures are trading in their near session highs. People seem to be excited. And we're looking at right now at a NASDAQ Ah boys to open higher yet again after the best weekly gain since July, here to explain why Sarah Pontiac of Bloomberg News and Bloomberg Television and Bloomberg Radio Why are people so excited today? Another day in the green? This is almost just an extension of where we ended last week. Think about the set up where we were. We ended with semiconductors at a record high. We ended with home builders at a record high. We ended with transports at a record high. You look at the bond market like he said, smarter than the stock market typically off today, But I just was no surveyor could have shade. Come on. Everyone knows it's even even the stock investors say it occasionally. Own continuing his part. So I will say if you look at that spread between five year Treasury yields and 30 year at the end of the week, just aboutthe widest since 2016. And if you look at the signal that the bond market has been sending lately, it's been one of para possible growth. Possible inflation a pickup that is coming up And the stock market has been following suit. They all kind of jive at this moment. Morant and looking at a market that wants to go up. That is what Mohammed Al Arian told John Farrow last week, and yet other people are explaining it away, saying that certainty seems to be consolidating around the election. Which is it something that Mohammed said That really stuck with me is that this is just a market that wants to go up and many times you'll see investors back fitting narratives. To explain what we're seeing in markets and yes, especially when you are looking at markets Day today. It's so tempting to say the reason that we're seeing this grind higher is because of increasing odds of a blue wave. It is because of people hoping that we may see better treatment or a vaccine going forwards. But the reality is that if you look at the internals of this market We had a pretty steep correction in September and were coming off of that right now Investors are buying the dick they're stepping in. If you want to believe the narrative that this is because of a blue sweep, or this is because of expectations for Better. Better prospects going forwards for Kobe 19 you can, but at the same time as Mohammed so succinctly put it. It's truly just if you look at the colonel's internals, this is a market that does just want to go up right now. And if you really are curious, you could just always blame Robin Hood. Sarah Pontiac. Thank you so much for being with us, Tom. I know you think it's throwing shade at the stock market, but I mean, come on. Why, Look, why not taken excuse to have a day off. It's going you could. It's called fear Bosie and 20. 23 on futures. NASDAQ futures up to 06 if I get off the famed surveillance cursor Well, I can't do it right now. There it is up 1.8% on news. Dick Futures. Bloomberg Surveillance is always brunch about Cohn Resnick. Advisory insurance tax adapt to a new playing field and position your firm for growth. The business advisors from Cone resident will help you move forward. Visit Kona resnick dot com. Think of the hundreds of people we speak to Lisa. I mean, it is just exceptional the size of the number of people we speak Tio. It's important that you bring in our next guest on the New York Giants first win. It's out there somewhere. First win the terrible, terrible situation of New York sports. That is the reason we're going to be speaking with Arthur Levitt. Also, he happens to be the former SEC chair in a board member of Bloomberg, longstanding a member of this radio station, as well as Public service, Arthur. I am not going to begin with the New York Giants. I am not going to go there. I will, however, talk about what we're seeing in the increasing shift in the market and your experiences. Former SEC chief the increasing dominance of private markets at a time when people prize transparency in the public ones. How does the sea look at the private market explosion that's underway. No, I think they're taking a number of Perhaps in that regard, including a new limited conditional exemption from broker registration records are meant for Those finders who helped issuers with raising capital in private markets. And that exemption word. Permit people to engage in limited activities involving certain investors without registering with the commission as brokers. So proud funding platforms are part of the proposal, but only in reaction with a broker dealer. Arthur's this Oh, this is so great. Is this just gonna be? You know, fun and games until the next Enron shows up. I hate to feel that way, Tom, but, uh, I think there is an element of that. I think that Like everything else. Regulation is a function of market exuberance and waxes and wanes according to the threat. The threat doesn't seem very obvious at this time. So regulators are taking a somewhat A different approach than they might take. And we had an end. One wife event to awaken everybody to the dangers were in a happy period today exactly one a Happy period. I was just chairman Levitt. You've been unhappy periods as well. Is a SEC leading here or following with great reticence. Cause they know the unhappy always shows up. I don't want to put it in those extreme terms. Some, but I think you know what I feel. See how we don't know that was always a dodgy You got decades of experience like Arthur Levitt to die. We're going Tio. Yeah, we're going to be hearing dodging. Before that I was just going to say we're going to hear dodging like that. Today. The Senate is beginning their hearing on Amy Barrett's Supreme Court nomination. I'm sure there'll be plenty of dodging their butt to Tom's good point, Arthur. There is a question of Fed intervention, the idea that low interest rate policies have exploded the size. Of public markets and private markets as well. Just the amount of money flooding into assets, perhaps at the expense of not going anywhere else is the CC equipped to oversee markets the size they are currently And how quickly they have expanded. Yes, they seem never is totally equipped to completely stay Ah ahead of the game, but they're as well equipped as they've ever been. Let me put it that way there never ahead of the game. They're always a step behind the game. Looking for nature. It's the nature of catching wrongdoing. To the cannon. You sorry. I apologize for interrupting Arthur because they use technology more effectively now to try to get ahead of things. Yes, they can use technology more effectively have technology today that completely dwarfs the technology that existed when I ran the commission. I look, Arthur it all of this and you know it involves a sea change in the cycle. Up and down is well. Is there a distinction in your opinion between an SEC chairman under President Biden or a second term President Trump Or is it sort of institutionally all the same? I think it's probably institutionally. The same, but there will be a difference in terms of, uh, regulatory enthusiasm. Under president Trump regulatory enthusiasm is less than what it would be under President Biden. Let me put it that way..
"lisa graham" Discussed on Bloomberg Radio New York
"Let's get to the price action shall wait two hours away from the opening band alongside Lisa Graham. It's in some canine Jonathan Farrow. Equities pushing higher up 13 on the S and P. We advanced 4/10 of 1% in the bond market. Look out, Vice Chair Richard Clarida 30 minutes away Right here on Bloomberg. Your yield 0.67% unchanged on the day and phone exchange euro dollar. Also unchanged at 1 17 interesting headline coming out of the United Kingdom right now. The British Prime Minister Boris Johnson, speaking to the House of Commons is not sensible to extend the current furlough program that headline just Crossing. The Bloomberg stomach comes to the prime minister. In the last couple of minutes. Many people piling on the pressure on Chancellor soon AC on Prime Minister Boris Johnson to extend that furlough program. It does end And next month. This will be an economy is going to face a tough time in the next six months, telling John this is absolutely critical. Unpack this force now and particularly for us audience on radio and in television. I'm sorry, John. Basically what this means is they're saying the government's not going to come to the rescue. Of a medical national disaster, which will be extended out to march of next year. Not in the same way they came to the rescue back in March April. That's the Katie's things wanted. People do job completely pull away, but I think the government is completely pull away from offering assistance. But it seems to be much more targeted if they let this plan expire in its current form in the next month. What do people do? Tom? Let's be clear. Let's talk about what's gonna happen with the data. I've said repeatedly that the unemployment rate in the United Kingdom in and around 4% is the phoniest data point on the planet. Many of those people are part of that follow program that the government is being behind. If that ends. Expect those unemployment numbers together Wrong way. Just absolutely extraordinarily. So This really speaks to the United States of America, where You know, we've had modeled 12 14% actual unemployment here and Powell Mnuchin. We're not going to play it now, but yesterday begging for fiscal support. This is the story all over the world right now, which is that we don't need the same degree of fiscal support as we did initially that we're out of the worst of it. And that is the question, Tom. Are we out of the worst of it? Is that really true? We're going to necessarily get a second wave of virus cases and not just that you're seeing A secondary. The tertiary lay off some of the big employers. This has a really effective with economic and psychological John. You know what we do here is we talked to the fancy people. And we've got Barclays and the other fancy banks laying off fancy people. What do you see in the rest of the United Kingdom? Isn't that isn't that Is it the cavern that I see down Lexington Avenue here? With small business crushed Regardless of your wiles, Tom, I think have one's anxious about the future to different degrees, and I don't wanna get into that game of divide. The population from one segment to another, I think for many people are uncertain about the future that builds on. I think that when you have the kind of restrictions of the government is putting back on the economy right now, especially for the hospitality business, there will be many people worried about their future, Tom And their jobs is the return to work is a big big issue for the city for the city of London. For cities across this country as well. If people are going to stay at home, then there are services in the city that would be required in the same one that will be layoffs now, Tom, I think there's a really important distinction. And I know many people are focused on it. We had an income crisis in spring and governments around the world stepped up and offset those losses of income. What we didn't say on what many people thought we might see was a balance sheet recession where people would start to pare down debt loads. That didn't happen. People took on more debt. Thomas. This goes on for a whole lot longer, and the government doesn't replace that lost income. I think that economic recovery that economic downturn takes on a different character. That's something we've got to discuss. It will be interesting and many themes here, of course to the end of the year as Prime Minister Johnson mentions through the first Quarter right now. Andrew Holland horse joins a siege of Citigroup. The global markets chief U S economist and we get lucky today because Holland Oreste was at UC away under the giant Roger Farmer and what's so important here is Farmer Holland Horst. Was an important paper ages ago on what Richard Clarida is best known for not going to go into it right now. It's a lot of theoretical mumbo jumbo. But Andrew Holland or so said the privilege of diving into The minutia of dynamic models of guessing what the future would be with that knowledge. Andrew Holland horse in Your Wonderful work with professor Farmer does affect have a clue what it's doing, trying to reshape its model into a new reality of zero bound It's a great way to introduce it and let me just say Roger Farmer was a great mentor, you seal and very grateful for the privilege of working with him. But this idea of trying to marry the theory with how you actually get to an operational monetary policy, I think is exactly exactly what we're talking about right now. So Theoretically, it makes a lot of sense to think about having a moderate overshoot of the 2% target. You're trying to get inflation expectations more stable E around 2%. But operationally, how do you go about doing that? And that's why I think I have a lot of agreement on the theory, actually, and less agreement about operationally what we're going to do next. What the operationally hears is John Farrell would eloquently state is get out of crystal ball. What's what's the new crystal ball for the Fed? So I think what they've told us is maybe a little bit less of the peering into the crystal ball and Maura just looking at the conditions on the ground as they are, And that's partly because we spent so much time if you go back five years or 10 years ago, thinking about what's the natural rate of unemployment. Is there a way that we can kind of deduce that from what we're seeing in the economy? And then as we get to a low enough unemployment rate than we know we're getting to where there will be inflationary pressure and you kind of do the backwards induction and you're raising rates as soon as I Employment is getting close to that number. The issue with that is, although theoretically, the natural rate of unemployment is a great idea. Empirically. It's hard to identify. So you so you end up in this strange town area, which we kind of lived through over the last decade where you're just constantly revising down that natural rate of unemployment and then saying, Well, actually, I think maybe we could go further, So there's kind of been a recognition at the Fed not to play that game this time around, just to say, Let's not respond until we really see evidence that inflation is picking up..
"lisa graham" Discussed on Bloomberg Radio New York
"For that said We're talking about several years away, and ah lot of positive Developments would need to occur between now and the point where we actually see true demand side inflation re entered into the system and is there anything that could do to increase employment in the US? I think that what they've done is they have set the stage for time to allow the employment market to hell. And they said that on several occasions, Powell has been very adamant. It's the passage of time in the direction of the pandemic that will really dictate what happens to the employment market has been a lot of dislocations obviously associated with The change in consumption patterns. And one of the biggest surprises, at least for me personally has been how willing businesses are really embraced the work from home culture, which has clear implications for Win front line service sector businesses come back, Where will they be located? And how long will it take those employees to find long term employment again in buying time? One of the consequences of buying this time, Given the fact you're seeing asset prices continue to climb, you're seeing the widening divide between the haves and the have nots in every sphere. Of markets at what point is the Fed acting counter to their aim, because they're taking the pressure off of Washington and continuing to exacerbate this divide. Well, there is a point at which the the valuations in equities and risk assets should conceptually be problematic to the Fed because the risk is to the overall stability of the system in the event that we see a crash or a correction, But the Fed has come out and actually said that that's not even on their radar. At this point, they're content to see and to look frankly, be responsible for some of these asset bubbles. As long as there is could progress being made on the employment front, and I think that's the big unknown and that's what makes the balance of this year so pivotal for monetary policy if we continue to see Jobs come back into the system about being at a much slower pace than they left. But I think that that will give the Fed the confidence to keep monetary policy incredibly easy without worrying so much about some of the asset inflation that they're creating. What a change the chairman Powell and great to catch up on their chemo capital markets. Tom, you won't forget this one. Remember walking through Manhattan with you couple years back to the Economic Club of New York to listen to who Listen to Chairman Powell, who talked about cycles. He talked about cycles Tom and how the last few cycles have been disrupted by asset prices and not by inflation. And here we are not remember come back a couple of years with chairman of the federal serve time when he took over that role many people thought would be the straight talker wouldn't stand for this stuff in markets and wouldn't allow markets to shame what they did and did not do. Full 1 80 Just a couple of guys like that sort of pandemic, a ll duty and folks, This is what this hours about he and lingered. There was just great great perspective on the minutia bill Gross to join us here with a really not gloomy but just a shift letter that will talk about In a moment, John. I look at it. And to me it's just a pandemic overlay. And you know you can. I don't want to get all gloomy on a Monday morning where you know the font of optimism here with with Lisa supporting Arsenal, but But John, the reality of the moment is is how do you measure depression? How do you measure financial repression and we're in it right now. I don't think anyone has talked about markets and laser and a font of optimism. Lacey has that ever happened to new markets? Conversation of optimism? I can occasionally be optimistic. No, I don't think I ever really loved you. I'm optimistic about this about the Gunners. I am optimistic about their chances. Obviously, I hope that the optimism prevails. We need it in 2020 John. The happiest I've ever seen You talking about your new football club alongside Lisa Graham. It's in some cane. Jonathan Farrow live on Bloomberg TV and Radio. This is point Burke surveillance coming up Next Terry Wisemen of MacQuarrie on this bond market is we can't get down to a week full of central bank decisions right here rumbling back. Now, the latest news from New York City and around the world hears Michael Bar Tom, Lisa John. Thank you very much drop the storm. Sally is turning northward for the Gulf Coast. Forecasters say Sally is expected to become a hurricane later today and make landfall by tomorrow..
"lisa graham" Discussed on Bloomberg Radio New York
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"lisa graham" Discussed on Bloomberg Radio New York
"Coming into Monday, Tom Kane pouring freezing cold water over the shaped recovery hopes. Really started on Friday and John That's exactly where my reading was. This weekend is the duration of the V shape. I think it was 30 days down 30 A's up to make it simple as well. The research notes over the weekend. Folks were absolutely fascinating about the complete mystery Ford and John. That mystery starts with that job's report on Thursday. Did you know John it's a holiday shortened? Workweek having to do with the freedom of the colonies. You have to explain that one to me through the wait time. It was a class that I might have missed many years ago. Lisa Graham is looking ahead two things the direction of the recovery arguably still positive the pace of the recovery. That's what's being questioned at the moment. And Tom was right to bring up the jobs before on Thursday. We get both the jobs report a day early for the month of June, as well as initial jobless claims. Interesting to see whether people are going to start talking about the Fed reaching it's limit with respect of how much it can lower the unemployment rate to that point, we've got Fed Chair J. Powell and Treasury Secretary Steve Mnuchin tomorrow, testifying before the House Financial Services Committee expect a huge focus. On fiscal stimulus there. Then on Wednesday, the feds June meeting minutes come out and Thursday again that June payrolls report initial jobless claims. This is a real question. This is lagging data at this point, John given how fast this data is moving, but it might give some insight into just how many jobs are coming back at a time of deep pain. No one knows, at least said the range of estimates is remarkable. And Tom I don't know if you've seen this Tom. The range of estimates positive nine million negative 500 K. That's the high. That's the logo for the estimate this Thursday. I think people are flying blind and what's interesting? Not only about, you know the headline numbers and all that. But it goes to the micro data is well, John. It's a huge mystery here. Lots of guesstimates out there. What I would focus on is observe the market data. And as you do your data checks today, John without question For me, it's his grind lower in yields. We've seen Particular two years Mr Tire in the equity market to go with it as well. Tellem Equity futures up six points on the S and P £500 back by 2/10 of 1%. On this holiday, short and trading week holiday We could discuss through the week. No doubt with some cane. We'll get to that a little bit later. We begin this morning's program with tons of chemical Genuity, Tony. Always fantastic to catch up with you, sir. Let's just think about things we consolidate and you want to add risk as we consolidate. Why is that Tony? We'll junk. I think. Ultimately there's two phrases that we've all come to know and that's don't fight the Fed and don't fight the tape. The Fed is extraordinary. Here. You have a fed that is literally looked into a television camera and said, We're just printing the money. And don't worry about that. Now is not the time to worry about that. And we're gonna issue unlimited support for the credit markets and the phrase that really, I think it is heard so many portfolio managers and myself frankly, over time is It's not. It's different this time. That's the phrase Well, love talk about. I think the real phrase that really hurts performances. This will end badly because of course, it's going to end badly. You cannot fix exponential doubt with infinity debt. However, in the current framework, the Fed is very driven Tiu obtain there, too. There are on ly two mandates full employment. Which, clearly even with a game. We're not going to get on over any over the near term and stable core inflation, which they want to be a 2% so recently last week at 1% they're a long way off. So this Fed is going to be sending the money and And I don't want to fight that. I mean, this is really, really important because you've been very clear that you're modeling a caution in a bear market even off of a recession, where we got an M B a recession, But you're putting a big asterisk next to it, right. Well, there's S O. We downgraded the market on January 20th because we just we wanted to take some risk off the table. It's just gotten way too excessive. Then, of course, I didn't expect to 34%. But you know that. I was glad we took some wrist down. We added risk when we came out of what? Actually, when you're Powell, Tom. Said into the camera on 60 minutes. CBS's 60 minutes that were just printing the money. I never thought you and I have been doing this a long time. Did you ever think that the Fed would actually not even used great terms like you? Be or buying trade. They're just saying they learn. We're printing the money. So it that point you know that they're going to try to increase economic activity not stop until they do. Tony don't fight. The Fed is certainly one thing that we've had this year. The other theme is Don't fight the big tech rally. But that's getting threatened by the Facebook advertising boycott, just really raising questions in general about the advertising budgets of big companies. How much could that influenced the rally going forward? Well, I I think that that could create a little bit. This is so once we have prayed the market. You got this incredible run off that trading range. So on June 5th, we thought that the market would go into a period Consolidation could see stocks has seen extraordinary moves right. It's just even the economically sense of stocks. You had a two week rally in the banks of 30% and it was time to take a little bit of that. That is an extraordinary thing that's never happened, so it's time to take a little bit. It was time to take a little bit of money of table. So actually, the market has been consolidating since early June. So if you look at the percentage of stocks above the 10 days dropped a skimpy components above their 10 day moving average, it's only affected only 10%. If you look at the percentage of stocks above their 50 day in the S and P 500 just 2.5 weeks ago that reading was over 90%. It was 97%. It's no. 47. 48%. See, you've dropped their 46% so you you're already internally consulting the market. Now it's catching up with the indices because some of those big mega cap stay at home stocks are starting to get it. Antonio We redefining What a defensive ASA actually is, is a great stock a software stock with an elevated multiple of 30 times forward earnings. Is that a defensive asset right now? Buddy. I got a the time you made us. All of us have been doing this A while. The NASDAQ mega cap stocks are considered the defensive stocks. Which I just and that is unique to this cycle. So when you put those stocks if you're making an offensive bet you've gotta be believing that there's going to be a reopening of economic activity. And again. Our target is a 2021 story. It's not a the next 15 minutes. We're off to the races. I think what you want to do is use periods of of liquidity on the downside to add exposure. Tony, Where are you putting your money? You got new money. You get to work, where you putting it to work? So we've been thinking if you're going to put money into the market, it's gotta be on this economic reopening or an offensive sector allocation, which would be in the beleaguered banks, which got absolutely smoked on Friday on the Fed decision. What was interesting about Friday? No, even though the market was pretty pretty weak, As you know the industrials and materials actually significantly outperformed the S and P 500. So we're looking to go into those areas time that benefit from an economic reopening and not a stay at home forever. But again, this is something we're looking at over the next 12 18 months, not 12 next 12 18 minutes. John I've struck by Tony's comments, and, frankly, the comments we get a lot of investment manager is this idea that we could have more upside in stocks, even though the economy faces a lot of uncertainty and downside surprise, and again, I'm just struck by this dissonance between a stock's not necessarily representing the underlying economy, where the bottom fifth of all earners in America Are currently about 30% below employment levels seen in February. I'm just wondering how this is going to filter into equities, if ever Release. You've said it a 1,000,000 times. The equity market is not the economy and Tony with just five big names. Making up about 1/4 of the S and P 500 is something we've just got to accept, isn't it?.
"lisa graham" Discussed on Bloomberg Radio New York
"And ninety one cents is what we tried on WTI alongside Tom Kean I'm Jonathan ferro together with Lisa Graham if you are listening to Bloomberg surveillance live on Bloomberg radio in a rant about ninety minutes time Lisa first quarter GDP in America and it's expected to be the true mark of the death of the bull market and frankly of of of the of the recovery highly expected to be a decline it what it should it point to is just a much worse second quarter that's what we're seeing from company after company withdrawing guidance I will say picking up your point about Google it is interesting to see how the most prominent companies are showing signs of diversifying revenue away from some of the hardest hit areas and I think that's an area to watch as earnings season so still the overwhelming revenue stream for the likes of Google is advertising and no sign of advertising picking up any time soon as you know tacky to set to be ugly so let's talk about the fat and how the fed response today HM a Pat on the what state is there anything left the fed can surprise us with I think people are looking less for a surprise and more for guidance as to what you know how long they expect to hold their interest rates at zero what the data is that they're looking for to expand asset purchases how far they're willing to go people are looking for information about their thinking I don't know that they're going to give it though because they've done okay being ambiguous until now looking for catching up with Randy crossing of the Chicago school and of course the former fed governor we catch up with him and around about thirty minutes time police say the joining us now Eric Robinson senator out of bank global head of research and a fantastic to catch up with you Sir let's pick up where they left off Xiao Wei if they come to prize how to guide look I think what the fed is going to tell us is that they remain ready willing able to do whatever they feel is necessary to continue to support the economy they have shown over the last few weeks that they have probably moved away from trying to operate in a traditional meeting by meeting plane mark and as their assessment of the economy credit conditions and the clearly changes day to day they react as as they need to sign agree with the assessment that we shouldn't be expecting any major surprises I think we'll get some guidance on on asset purchases but yeah the fed's balance sheet down from just over four trillion six billion in very short order so I don't think they're going to be telling us that they're going to be stopping but I I think we may get some guidance on what the the magnitude of of asset purchases looks like going forward let's talk about the Eric have you settled on a number a monthly number the purchases no I haven't I mean I look at you know when the fed started this a few weeks ago they were talking about daily numbers of asset purchases that yeah thirteen years ago during the financial crisis we would assume would have been a monthly number five so the order of magnitude of what the fed is prepared to do today purses now years pastor just dramatically different I think the fed's balance sheet is going to go you know quite a bit wider margin they're already at about thirty percent of GDP as a subject matter I can easily imagine them getting seven or eight trillion by the end of the year Eric let's talk about guidance a little bit further and again there as far as what the central bank is actually looking for is that inflation is the unemployment rates are they focused at all on the increasing wealth gap that we saw increasingly in focus a post two thousand and eight we're how important is it due to determine which of these factors affects really focused on so I think you're right I think you can prioritize those and I think this is how the fat is is likely to be thinking about it the first west point you made was impatient now we all know there's been a massive amount of demands destruction man and a and a and a significant contraction in the economy in that environment but that's not gonna worry about inflation in the short term if anything that's probably more worried about deflation and the other point I think that you mentioned I I think are are also important dot yeah things like the wealth gap and the wealth divide but there was a lot of pushback against the fed after the financial crisis for contributing to the growing wealth gap I can't worry about that right now they have to worry about supporting the economy in the very short term and then as the crisis both the economic crisis and the health crisis subsides then they can go to work and really dig into trying to look at some of those those issues better more structural for the economy but for the moment they have to do everything they can to try and keep businesses on the consumer often quoting because chairman Powell does the press conference today is going to be feeling of so many of our American listeners that he is the central banker to the world whether it's Brazil or Ecuador or any of the other troubled nations you've got a unique view on this it's standard charter what is the risk to the American major banks of any E. M. blowing up I mean as chairman Powell during the press conference today worried about the too big to fail American banks exposure to the EDM world M. artwork I would respond to that in a couple of ways Thomas anytime you have a global economic crisis you're always going to be worried about the banks must because you necessarily believe they have a systemic risk but because the bank of the facilitators of capital and liquidity and you know I think the big difference between day and thirteen years ago is that this crisis did not originate out of the financial system and so what as this recall may start to turn around once which you will at some point and that's what the U. S. and globally the fed and other central banks around the world need the banking system to facilitate that recovery to contribute to that will probably end to make sure that monetary policy is distributed to the broader economy so I think you will be more worried in the sense that he wants to make sure the banking system both domestically and internationally is working but I think we you know we have to recognize that the banks globally have raised a significant amount of access capital and liquidity in reaction to what they experienced thirteen years ago so will he be concerned yes but not because you think there's any imminent problem of prices right let's turn to Europe Eric with regards to this conversation what I'm hearing is we can it grow light some of these problems Europe has not been up to grow light the problems of the last ten years as you look at Europe right now to expect they can grow away the problems of the next five years thank you it's a great point it's a great challenge for Europe there's there's two problems they're actually even when you take on a significant amount of that which which Europe did after the financial crisis you hope that one of two things will happen either you grow your way out of it as you mentioned or you can fight your way out and as we all know Europe has has has lacked above trend growth first thing upon which also means they haven't been able to generate inflation so I think that will be something that is on people's minds because as we know you know the amount of data being issued in the amount of data being put on to the central bank and the national bank balance sheets is is growing M. and I think that raises some concerns about the lack of Cisco unity in Europe we know we have a a very competent central bank first at the ECC but you don't have the equipment fiscal authority in Europe that died the broader economy and I think that's still probably the biggest structural challenges that Europe is facing so just build on that you do have a sense that emerging from this crisis will be a stronger unity when it comes to the fiscal muscle of Europe or do you think that we're gonna see an increased euroscepticism I think it's I think we're already seeing the euroscepticism and every time we have at either an economic or political hay crop in the euro area you see that that the euroscepticism increase so this time is no different you know Italy has its own both economic and health challenges it looks like we're starting to see some improvement on the help side and it's no secret that invested in Europe is is looking for a certain kind of fiscal support the rest of Europe and their northern cousins laws are on opposing off from a different form of support and this is where the lack of fiscal unity is it's a real challenge in a real problem we would all like to believe that that a crisis brings them together but I think you know I think the challenge is going to remain the key growth differentials the inflation differentials and the labor productivity differentials between the north and south remain very wide open on on challenge and usually that looks like we've got to leave it there so I apologize I can hear you clearly beyond that Eric Robinson static shot of bank global head of the research this case of news and headlines worldwide.
"lisa graham" Discussed on Bloomberg Radio New York
"Morning everyone jumps on time he Lisa Graham what's on a Monday we begin an eventful week last week extraordinary this week earnings earnings earnings we've got a major conversation for global Wall Street coming up here in a moment features of ten Dow futures up eighty seven John what do you see in the tape standing on the performance cable down by run about seven tenths of one percent governor county last week Lisa seemingly setting up a rate cut debate perhaps at the end of this month official fish of study when again with the same kind of thoughts and we're getting to the same kind of debate that we've had which is a pound of protection equals and as a protection what was the last year right that's were going with the bank of England when you have limited ammunition go away and do more with less seemingly I think it is amazing how many this is happening before we know what the physical setting up a new government looks like the next company is that the economy is already contracted so they are facing a downturn right read to much into November date from the United Kingdom overnight this morning I mean it is what it is some of them going into December election do we need to pay attention to that well I could you know what you think clearly or face pretty much just asking a question I think that it's relevant I mean each real debate you have a bank of England really do we care about January twenty nine is it member dead meeting that was like eighteen months ago of like meeting this is which in which which which that meetings this was from a reserve if we get a few more employment reports like the one we got on Friday yeah and if the like some new cash carry keeps doing the rounds saying what he's saying well Sir I'm not his saying the gonna cut interest rates anytime soon prematurity descended on the program she thinks they might I just think the debate might come around once again in the coming may take I think it's interesting they're talking about the bank of England and a potential insurance rate cut raise a question about inflation we haven't seen a pick up we haven't seen the yield curve steep insubstantial it brings it to the bank earnings I think I in interest with respect central banks around the world are trying to get information to go hot can they achieve it if they could speaks well for the back I want to get to our guests but just what you just said is so important Jim bianco out on linked in with the mother of all charts I remember when Credit Suisse came up with the algorithms to show John interest rate forecast floating us is looks beautiful radio floating up in the air forty two years how many days you do we do the slow mo the selfie slow mo the self this will roaring Chauncey wrong on interest rates for ages in ages let's get to our without question global Wall Street conversation of the day Betsy grace sec made a claim following Japanese banks back when that mattered it was a really serious business she writes more than anyone I know in the street with an acuity how about this based on no additional rate cuts in the ten year yield of about one point nine percent per year we expect median them down three beeps from two point eight three percent Q. three nineteen on and on and on John it's all numbers it's a Cutie like nobody else let's see grace at Morgan Stanley let's bring him Bessie shall we take him open Wells Fargo city tomorrow Betsy BankAmerica Coleman Wednesday Morgan Stanley on Thursday what's the focus even say what you're looking for take so a couple of things number one we do get four Q. earnings but just as importantly we get the twenty twenty outlook so there's a tale of two messages here for Q. there's some parts that are gonna mess are eight and that's because knew him as you know we just discussed that it is going to be under a little bit you know under a little bit of pressure in four Q. however as we look out to twenty twenty the curve has deepened since September eight and that is going to mean that you know the the numbers have to come up the streets behind frankly we are to put in a nutshell below the street on fourteen nineteen the were above the street on twenty twenty student him what's going to be the hottest area of potential growth for a while it was investment banking which has been a stalwart for a long time trading kind of his faded a bit as the net interest margins just where that this sort of margins just in general have shrunk consumers taking the helm what's it going to be heading into twenty four yep so multi layered answer I'll try to be quick number one for the quarter trainings actually I think can be pretty good I mean we did have Jeffries report last week and it was a bit of a blow out on the trading side and we all know that last year December was a was a wash so the headline number for for cues can be pretty good and then we get into the debate of Hey to answer your question twenty twenty how do you beat that all right so when you ask the question how do you how do you actually try to grow earnings and twenty twenty you could be focused a lot on the consumer and yes these are trading businesses but big pieces of these companies are consumer consumer lending and the consumer is doing very well I see this people conversation for market participants as you psyche full eighteen terrible Q. for nineteen gonna be better yeah that's what's known it's what yeah not knowing the big debate why am I going to get that additional move in the stock price of some of these big names after massive nineteen what's going to drive at three twenty one of the big drivers okay so now on stocks we're gonna go from earnings to stock prices on the stock side healed again the consumer should be good the question is the multiple and how are you going to get that return on equity up because effectively the stocks are a function of what the return on equity outlook as so now you bring it to operating leverage managements have to control expenses and they have to grow their expenses less than revenants which was gonna bring me to my next point how many more job cuts are we expected to see announced moon wow I mean really within the the banking sector okay so when I when I'm I'm looking at the banks I think there's going to be a shift in overtime employment from you know kind of more process saying to front office right now this is something that has been in play for many many many years right look at bank of America you know you've got Brian you talk to him before where you've gotten the message that we are moving from the processing side where you've had historically much higher head count to the front office and that's been driving the positive operating which I think the composition of the workforce is shifting more tack obviously in terms of total head count numbers I mean total account numbers have been drinking for awhile but are we done with that I don't think you're at you can ever say you're John when the stocks the most important driver of positive alpha in the bank stocks is operating leverage so your doll and is a function of what's your revenue outlook and if your rates are coming down like you were kind of alluding to what's on our models have rates decline but if rates are coming down then you know that's another layer of expense management is the proof to you is there evidence you and again I go back back to grace into your your wonderful acuity paragraph to paragraph with math technology means lesser jobs or do you just shift the jobs from traditional banking over the computer programmers I think you end up with a higher operating leverage as you're doing this right because computers plus people is more productive than just people okay I mean I'm sure gonna get beat up by a a number of folks for saying that hi you know you over time you do more with less how many beef to pick up and leverage how many beats of upper this is I can't answer three dozen places please is this so it it depends on how far it depends question but the penalty box fourth quarter treating leading I'm wondering does that mean at Morgan Stanley and Goldman Sachs or can outperform so when we talk about trading what we can say looking at Jefferies is the fixed income did really well so you know your fixed income oriented shops are you know what's going to do you know should do better you would think now what's driving fixed income a lot of different pieces credit credit spreads tightening fantastic you know and rates of done pretty well it seems to me so those are the institutions that I would think the ones that are more secure to fixed income capital returns in an election year political pressure on somebody's big banks the scale things back rain things in on the ask well this is all about the C. car stress test cycle and you know we're waiting for the fed to give us the rules on that and I think the the banks will take those rule sets and will apply them so it's a little premature for me to answer that question without knowing what the rules are but you know more you know high level I would say I think that bank balance sheets are well positioned and I don't think the political environment would would really influence your request three times to be just an interesting interview with Moynahan and parents of the we kind of so many of us the amount of rent that and the sea of bank of America was on space the the question about the camera term program and its response the century was the what are we going to do with the money to pay off and give it back to investors because some of us in the on Wall Street some big names don't have the option of giving scion acquisition right forty investing a lot back in the business I'm just wondering what the options left for some of these big banks as they look at some of the money that I have well I think you need to try to optimize your balance sheet as much as possible but realize that you know given the rules and and regulations are in place today there is access in the system and you know there's there's only so much you can do with that with you know you don't that much degrees of freedom I I I kind of want to push back on that because we so you should I mean they're not their number of stories out there about how antiquated some of the technology is some of these big banks relative to where it could be and should be I mean why are we getting more investment on that front you know I mean there are places that they could investigate potentially streamline their system right forward no no I mean there there's technology is the gift that keeps on giving for your investment you know I'm spending I guess that the point is that I would add to that is that your cap your excess capital you have is in the billions of dollars and you really can't throw that much incremental knew IT budget spend on your organization because well because because it's not just throw the money in wave your magic wand and get a new system right you have to integrate with your back you have to integrate you have to do your systems enhancements in a way that protects the money flow not you know challenge the money flow so I guess my basic point is I lean you throw that much IT investments men in one year it's one quick question yes guys go to camp Davos what's that are they going as happy campers what's the mood of the CEO Israeli this year well versus last year much brighter but but I but I would cautiously optimistic John Warner pressure I'm gonna be taking the train up and back to doubles this year because and green can you see Jamie Dimon on the trees you know that means you know that actually means that you have come through the trains and the two stops you need to do to get from Zurich to double the express it's like you know going from the house to give you a hand we can recall at this we should we are going to recall that situation is trying to you so much for coming in today thank you very much I could say I will right now the news in.
"lisa graham" Discussed on KTOK
"And I'm going Faulconer look first the of the CD selection was bachelor button but it was blue boy blue bowl that they have won that things called like dark prince that's almost black tie yes they've never really pretty colors of them but like I said and if you want to it's alright and they're gonna received for about three to four years maybe five years and in that time period the colors will cross but you can always just go back and throw one seed color out and it will eventually correct itself but these are very very easy things rather very they're very truck dealt a drought tolerant Lisa Graham all the time it's a very old fashioned like her grandma or prairie garden flower originally from Europe based naturalized in the United States but I had I had some growing in the some guy over to like the edge because I'm on a corner lot and the code officer said came by and said you had to cut those down there blocking the view to Mike they're not really balking at that much account slim bloom and it'll come down to just give me give me like five days not come down because I want to bring him in some lady stopped me and said where this blue orchids Michael does her bachelor buttons wow and did you cut them down like yes I I can I get them done again to servicing beep and I told her I told her that you eight times one come over you could say the seeds but you can save seats from it but more the coolest things about it is that it has edible flowers so you can pull the little petals off and put him into salads and has a bright blue color edible flowers yes there at four buttons you can eat you can eat bachelor buttons and a butterflies and bees love it and and if you let the seed had stay on there you want to get you went on the receipt birds will eat the seeds well they turn your tongue blue not that I don't know because I think I've yet level but at if you're a you're Earl grey but there's a lady gray T. O. and it's actually has that the T. it's used it's used on loose leaf tea a lot is that right yes wow all right.
"lisa graham" Discussed on The Paul Finebaum Show
"We are glad you are here prepared by. Are you holding on a lot of guests and let's get right back to the calls and andrew in aken south carolina andrew the first time caller longtime listener. I just wanted to talk about davos and <hes> i think it's all part of recruiting man getting the clinton brand out there keeping it out there trying to keep it in front of alabama alabama georgia or pretty close regionally <hes> that's the name of the game you know he does have in my opinion one of the best coaching staffs in the nation and there's a possibility of losing some of those so you got to kind of take jabs when you get a chance especially saving yeah. You probably listen on one level. There's there's at this point. It doesn't really matter the seasons here. <hes> all of this nonsensical conversation will go away in two weeks but it i still still maintain that. He is in the upper hand and i realize he was asked a question but really helping himself delphi by attacking alabama schedule in the s._e._c. schedule. No doubt i'm gamecocks fan i in the reason why i take the view on his 'cause i watch clemson and he and and in davos blogs and social media and all this and he stays out there. He's he's in the usa. I mean that's what it's about nowadays. That's just kinda. You're you're right about that now. You're in south carolina so your about your in south carolina so maybe you're only seeing your it's here too so it's he's a national brand. No doubt you know and also real quick if i if i couldn't touch up on carolina schedule this year <hes> it it it's definitely definitely tough and everything but <hes> no doubt they let everybody down with that game <hes> but we beat up just like everybody else in the s._e._c. Grind it's way took her in the a._c._c. Lisa graham <hes> i mean when you look at us losing the kentucky five using her look how long we've lost the texas him in a row i mean you've got to start one of those games that is ultimately the challenge for for muschamp and i think josh kendall said it pretty accurately early. We can't keep losing kentucky. That's that's right. That's right so hopefully we can pull one of those and <hes> just have the decency and that's what you hope for great. Thank you very much. <hes> good stuff appreciate the call from south south. Carolina nick is in florida. You're on the air head neck. I fall nice to speak with you again. Thank you i mean you know i wanted to talk about donnie for example. I thought he had a fairly cogent argument given probably his seventh or eighth grade education <hes> but but besides that you know so talking about clemson and alabama you know dabo sweeney is no more a nick sabin then then tim cook is a steve jobs and i think clemson has gotten fairly lucky on the front end of the challenges they face to win two titles and that's not going to continue <hes> i. I know you don't think tetris a._m. Can beat them but but i think that you know i think vegas has that line at seventeen and a half clemson. There's no way i think clemson is very very vulnerable and daboh sweney..
"lisa graham" Discussed on 94WIP Sports Radio
"Become obnoxious and annoying when it comes to my prostate yes you are Lisa Graham find PR person here portata came up I handed her back my Joe Bonamassa tech next we she was just on the Cape Cod it my my cousin went to see him he screwed up a then up he apologize yeah yeah that's why I was not going on that's not why I'm not going because I said I can added ten that we're going to die as the lead right the diaper blues fan and I explained to her in detail the process I'm going to have a one PM today yeah she wasn't interested in at that point when I started to describe opening more room for the urethra she seemed to check out on me yeah yeah yeah she missed the best part because up to provide an email a Jones yeah I have name to my urethra on now though there were for it when I see the doctor today before he puts me on on that Dr Linda please take good care were Franklin why Franklin and I'm going to say because I call it urethra Franklin you got a female part innocence are you shocked that underscore my commitment to this I'm going to say doc you show my urethra some respect our E. S. P. today you should have your own show don't worry given yeah I got to do so I was running this by Jones E. and Jones he told me this is not a good sign for my marriage because this this story this week American Airlines now a woman was with her partner they were not married but there are two people hot it's a guy in a woman and and the diet plan lose a very attractive woman on the fly other than his partner and this guy was really doing her he was our second he was stamina okay I mean real you know in a I mean every once in awhile somebody comes on Margot Robbie comes on flight yeah you're probably going to stay with her right yes brown the the woman that he was with had enough she flipped out okay and by flipped out I mean went insane how she picked up a laptop computer that she hides and she slammed it on its head yeah she said apparently out this thing was YouTube there was placed on you tube it's got over ten million views I don't want you to go see it because it's got some racial stuff in it and it's got a lot of horrible language but yes the thing about it in my money once when I'm on the beach in sea Isle yeah and a really hot woman walks by yeah my wife me and she'll go look at that look at that really then she'll show me the gorgeous woman she would have a boss the blacktop hold my head still another one that's when you know your real ugly she knows you're no threat to any of those with that's the issue only initial yeah I'm I'm too busy looking at the video no all right no no I told you not to look at the video wow no it's bad I don't ration I think just tell me Johnson your younger man you're very good luck and you have a pencil thin moustache something Spencer they had to say that we do here is if you're away in the presence of a very attractive what and we're you know really kinda stat check in Iraq would your wife be uncomfortable which encourages what would her demeanor she would make a comment if you notice here will continually staring but that's why you have sunglasses I know but but she would be in their late all right get your eyes off that who knows in a certain situation may be you would appeal to her Jones he's saying there will be no situation which Eddie these hot women I would appeal to you can think of no threat because you know you're ugly all wow and say something no I know he's right he's out please is going on a on a set hours yeah the results right she's going to go to drive me home in the capital yeah wow that's a romantic isn't very good what would your wife say those Janay view was there it a laptop because she's defied you spell it Dr look at me resist Jones are only human let's go to John Jack from here on ninety four W. I. day hi John are you doing I'm great John how are you feeling ours was is on there either Avery you know every time I see or talk to you how much I I I love your dad is one of the reasons I really got in this sports radio you know I mean he's he's great he's funny and you know to me he's a telling me of all of the Philadelphia sports yeah.
"lisa graham" Discussed on 94WIP Sports Radio
"Cole Hamels right out of the box he goes up to Bryce yes and says look harp I didn't feel cold hits you from Cole Hamels Bryce Harper in the back he beat him on purpose right when he came in today I mean I can't be a Charlie manual impression I can't do impressions the guy would all come on our you know I've been telling the pretty good six PM to ten PM sports radio ninety four for twenty twenties for first morning work out for the eagles a training camp today players will take the field roughly nine fifteen yesterday the rarely spoken Darren Sproles addressed reporters way back along with us or what that's it that's that's what I think of that we got a chance to get it keep working we got a chance all five starting offensive linemen including Brandon Brooks are present in the mills placed on the populace tonight the Phillies kick off a massive three game set against the Braves in south Philly trade the at deadline quickly approaching on Wednesday the Phillies have not beaten eighteen above five hundred in a series since late may and the Sixers have found a backup point guard signing Trey Burke to a one year deal CBS three I with this weather mostly sunny today headed up to eighty seven degrees just three ninety four W. I. P. get our podcast and all the latest stories in Philadelphia sports for the all new ninety four W. I. P. dot com twenty four X. four W. Y. seven twenty five putting the amazing Borgata hotel to see responded lead tech city John you rest stop at eight o'clock at what you do with pac markets Hey markets yeah because mark is a is a road called stated that he is very much impressed with the band's new shot good Simmons thanks it could make them an insurmountable force in the NBA and I want you dead mock him in some way and then have a fight with one and by the way I'll I have become obnoxious and annoying when it comes to my prostate yes you are Lisa Graham find PR person here portata came up I handed her back my Joe.
"lisa graham" Discussed on 94WIP Sports Radio
"We don't like that concept is we don't like so do I. Hold on you've called four times this week. So I don't like it tonight. Man. I really would like to ask you a question. Okay. Ask me a question. Okay. I hear your point of view, and I respect your point of view, and I can understand why you feel that way. If you're moving ahead, and you're talking about the next five years who do you think is going to give you a better quarterbacking? We don't know. See this is what you gotta make a decision. So. Right now. I was going you've called four times this week. I really I I believe in the once in the week once in the weekend. My hunch is everybody heard him and got his point of view. I did. I and I didn't even need the other four calls. That's good enough for me. There you go. Steve in west Philly. You're on ninety four WIP. Hey, guys. How are you today? Steve couple of things first of all it wasn't a blown call in the rest, simply decided not to call it. He's he saw that. The question is that we should be asking this. Why did he decide not to call? I think you know, the answer to that too. I don't the. While the rest probably felt that they had played too much of an impact on the game already. And they decided at that point that ref said at this point in the game. I'm not getting into it. Okay. Now what I have said over the over the course of years. No. That isn't that. Isn't that? Is that is what they said they said. They said, no, no, the the reputation of a was he thought the ball was tipped at the house. Okay. You probably made that up afterwards. Right. My belief has been that we need to simplify things for the rest. One thing is we it's a it's a court analogy can tell the referee directors simple. If you have even the slightest doubt that what you saw was your pet was not a penalty. Don't call it. That's it any doubt. If you had any doubt, don't call it. That would help simplify techs. And then there's so many other ways that we could simplify don't don't require to feed it require one foot. Make the ball comes loose before the whistle blows. It's a fumble. That's it. You know, just I mean, we point is a good one in in the in the aspect that you, and I have talked about this. And I agree with this. The game is over legislated. And when you have too many rules in too much going on it's difficult to know the refs have become. They've lost a confidence right there tentative. Right. And that plays into it. I thought I point was interesting are also very convoluted, and they and their and their and every time they add more layers to the rules. They add more gray area. Which now now the referees. They have to factor in intent, which is a very hard thing to do the made the game was always hard to officiate. But they've made it ten times harder because of all the kids con constantly adding sub chapters to the rule book. Hey, Ray, our friend and a various deemed, Philadelphia journalist. Larry Kane is calling in Larry. How are you today? How are you guys doing we're talking referees? Well, we are. But I actually want to bring you back to something that we were talking about in the first hour because as I said, you're very respected journalists in this town in for good. 'cause you clearly followed the kerfuffle this week with the story about Carson Wentz. And how his teammates view him and everything that came out after that. I really I don't want to lead you anywhere on this. But I'm curious your opinion of that story and what ensued afterwards. I thought it was pretty bad. I thought it was Lisa Graham from someone either in the organization weren't agent to try to damage him. And there was really no reason for it. I felt this is just as a sports fan. I follow the eagles like everybody else. And and by the way, you have the most scintillating show on Saturdays. You just want to know that I wanted to not going after the time periods. So I can go on with Ray. Okay. I think that I think there's a problem and generally in Philadelphia sports, if you take all the newspapers, and you look at them every day, and you put them up, but so you put them on all and you compare one day to the next to the coverage of the football team is so erotic. It's unbelievable. I mean one one day it's like it's like a herd mentality on on the football team. Much is talking about one paper two papers read all the regional papers online. And you you get this herd mentality. So so now the the the season's over it was a good season considering where it was in the middle. They gave the fans a lot of thrills. There's a magic. There's no question about about the other quarterback. And and and, you know, something when you think about. Two of them. They're they're held a combination. And then and then Carson Wentz who's injured and on the sidelines is suddenly attacked by people internally somewhere in that organization and its wasn't really went nowhere. And I think that it was just a a Newsday. What I think I wasn't impressed by and I'll tell you something if he is that way. He shouldn't be that way. But I how can you judge him based on source reports? Yeah. Well, I think that part of some of what was said in there the idea of him being headstrong and being willful to me that's part of the quarterback position. I mean, that's every quarterback that I've known as come through the league, you describe him exactly that way and not everybody in the locker room loves it on a daily basis because if the quarterback is if he's throwing the ball to one guy there are three other guys the wanted if he's if instead of handing it off he's keeping it in thrown at himself than running backs are unhappy with them, it's you know, everybody has their own as I said earlier everybody has their own ego. Everybody has their own agenda and everybody wants their piece of the pie and the quarterback controls all that. But the quarterback has to control that and that's just that's just the way the game works. But you also have to understand that the great quarterbacks of all time were pretty good people. But there are some leaders. You know, there are people who got in the middle there lead people down the down the field, and it appears to me. The Carson Wentz has the respect to most of the people on the team. I agree. Now question about that now. But there's another interesting thing here the great thing about this town. I mean, I've been here fifty two years. Now, the great thing about this community is that you're only as good as your last show. Okay. If if you're if you're. Yeah. I guess you too. You know, you know, I'm talking to one of the greatest radio stations in the country right now for sports, and you know, with personality and excitement you guys make it so much fun. And and when when you look at sports sports is fun is diversion last couple of years, we've had a tremendous political combustible situation here as we all know. And what what do we have? We have television news, and that can get you a little depressed too. Because it happens, you know, but we have sports we have reading families. And and so to me the best part of the day, honest. We even though it's a little late because of the deadlines is picking up the sports section of the newspaper. Hey, Larry, one of the other things you also know about the business is you gotta hit the brakes, and we're we're actually overdue. But I know that you've got a great event coming up with Ray wanted to talk about that moment. Okay. I wanted to tell raped, by the way, we're very excited about it. Thank you for coming on. It's, you know, having a legend like you there just going to be giant old York road. Temple Beth, I'm in the heart of Abington on route six eleven just north of the Raigmore slot again is having a Super Bowl night S O U P, E R and all the restaurants in the area are providing their their stood there soups, plus hoagies and all kinds of stuff for dinner. And the the event is the Super Bowl SO UP are and the guest of honor is ranger, and he is we're going to be science book to great new almanac on the eagles. And then we're going to have some might eat there. And I'm gonna do converse. I'm gonna do what you do Glenn. I'm gonna do a conversation with him. It's the bad. And I can't I got to tell you something. He's such a great conversationalist. I I have to tell you that is just going to be a lot of fun. The public is welcome. It's very nominal charge for the dinner and for that and kids come pretend box the whole package and everybody can come. It starts at six o'clock Ray, we'll be signing books of before. And after after his speech, and we're our conversation. Real people want tickets. How do they get tickets or they don't need the door? There you go. We already have a good crowd. We have plenty of room. And I'll tell you one other thing Ray, I really appreciate you doing. This is a lot to me have you know, they're very few icons in this community. But you're one of them. Thank you. We appreciate it. Have a great event. We gotta run. We gotta hit the brake rate. Injure glen. Thank you Larry came. Right. That sounds terrific looking forward to a rate injured MAC now ninety four WIP sports radio.
"lisa graham" Discussed on KTAR 92.3FM
"Arizona To partner with the state and fight the opioid epidemic in a tremendous, way with the lodge of mobilize as e and a ten million. Dollar investment mobilize as e is intended to address the misuse of opioids and other drugs reporting live Mark Carlson KTAR news Arizona. Votes the invest, in, Ed initiative is supposed to generate more money for teachers but a new policy briefs, says it could actually do the opposite the. Policy brief by the Arizona chamber foundation finds the investment initiative could lead to teachers seeing less money going into their. Paychecks, the, group's Lisa Graham Keegan explains it redefines teacher as whatever the, local board. Wants a teacher, to mean and that can, be anybody in the classroom she says that essentially means you've got. Twice as many people in the pool for these dollars Griselda, zetino, KTAR, news meanwhile Joshua Buckley with the advanced in education committee, calls this policy brief a Scare tactic he says the invest in Ed initiative was written. To benefit both teachers and staff members who work with students such as school counselors all those folks that are integral to a child's education parents and education is no that those people are really important to what we do everyday with, kids in July supporters turned in more than enough signatures needed to put the invested Ed, initiative, on, the November, ballot but. The signatures do still need to be verified Arizona votes Arizona Republican congresswoman, Martha mcsally thinks talk of a Blue Wave in the midterms will. Be a washout she tells zone as morning news American's are feeling good about where things are going the political theater and all. The hysteria and, everything, that goes on mostly inside the beltway with the national media people in our community, are feeling like things are better things are. Looking up for me and my family makes Sally says she believes the booming economy will be the primary reason Republicans. Will, reverse, the trend of the party in power getting hammered in the, midterms Right now to get a look at traffic and we're gonna. Go to detour Dan in the valley Chevy dealers traffic. Center bay, we picked up a vehicle fire this time around Becky Lynn and it's blocking the right lane right now on the eastbound, two oh to Santan freeway at Arizona avenue right lane blocked on it so a stay lap also center lane blocked eastbound ten inside the deck park tunnel that's a collision, but good news up in the north valley earlier wreck in the ramp from northbound fifty-one to. The westbound one and one that is clear and, so did, the, wreck on, the I ten westbound at the two zero two red mountain freeway mini stack interchange. With the tent also southbound one zero one price at Broadway still got a minor, wreck off right westbound ten thirty four minutes fifty one west eighty third avenue eighteen minutes northbound seventeen from nineteen. Th avenue to Peoria seventeen minutes northbound fifty one itin..
"lisa graham" Discussed on WPRO 630AM
"On the website three so we have limited hours only in the evening between four and seven o'clock at this point but are hoping to expand the hours because some people prefer to chat online these days ryan talk on the phone um right they sort of wanna experimental little bit nc is this really a problem for me or maybe not do you have the check list of what a woman should take with her if she decides i have to leave this abuser i have to take myself out of the situation maybe even take a child yet there's a there's a lot of inf mason on our website some information that we call the basics of safety planning but i really urge everyone to talk to an advocate about their own unique situation because sometimes you don't think about things that checklist doesn't apply to everybody so when their children are involved it's a lot more complicated someone's immigration status navy involves we want to make sure you get those issues addressed and covered without jeopardising that as well we do have specialized immigration advocacy programs to in rhode island so we're lucky soldier house which is one of our members has the ability to help someone get a visa so gorgeous something that would help if you stay in this country based on your view status but also there's the whole financial abuse i mean the whole financial implication of sometimes an abuser can be you know very territorial about controlling money so you don't feel like you even have access and the wherewithal to leave exactly it's also more complicated than we can begin to imagine because the abuser also has the ability of damage the victim's credit and can sabotage near jelly that come financially independent we offer a lot of financial workshops for victims are for anyone who's looking to sort of build up their own financial scales there there are on financial competency so you said something can interesting what are some of the things that someone can do to destroy someone's credit and financial ability and then how do you look for that and and avoid it well for example if the two names are on a credit card together more if the two names are on the mortgage or rent a rental lisa graham it by not paying those bills on time the.
"lisa graham" Discussed on WBT Charlotte News Talk
"Utility officials say they hope to have power restored to ocracoke in hatteras by early next week more than nine days after a construction company working on the new bonner bridge cut transmission cables to the outer bank islands at least three lawsuits have been filed against pcl construction and others as well alleging negligence including a class action being handled by salisbury farm wallison graham mona lisa graham tells wbt we are hoping that we can help a number of people who had the same problem crank hype at injury generally in tatters tired traffic for a lot of big mouth earners state transportation department spokesman tim hoste day said workers for pc how construction we're setting aside a steel casing for later use when he damaged the transmission cables that were buried under more than seven feet of sand macklin for county commissioners could cast a crucial vote tonight on a plan to spend about one hundred billion dollars over two years for major lake soccer stadium and elizabeth it is he rejected plan that's less than the original county proposal so that more money can be spent on long promised park and greenway projects so the council is you have to commit to any stadium funding and mls has not awarded a new franchise to the coin city russia's prime minister says the sanctions bill signed by president trump today ends hopes for improved usrussia ties dmitry medvedev said on facebook that trump's administration has demonstrated total impotence by surrendering its authority to congress one person has died after a gas explosion in a partial building collapsed today at a private college prep school in minneapolis where truman van leer coaches basketball it like a just a large stores language at the same time the.
"lisa graham" Discussed on KNTH 1070 AM
"Concussion without the other end of the way to see lisa graham good she's executive director of they for arizona senior advisor the nationals choice week in a former arizona state school superintendent national voice of education for him and has been added a while one of the other things that said again school choice it is you can assume parents will pick the best schools for their kids the might pick easy schools for their kids where they might pick some got a weird schools remember the ohl wicked thing you know you know loads of waiting for doesn't arizona well was the streets if you don't i'm in arizona california not going ab so best on the but i guess i really mean california i don't mean that as a slight against your great or just a lot of and love more even more these days but how about that i mean there's a serious going here he said i remember when i was testified his secretary i said do member of congress who's opposing school choice propose when we had for title want he said it was kind of a funny thing he said mike constituents are not smart enough for wise enough to be able to sort in schools for their students i said you know where you know you know me i saw they were smart enough to choose you i said i said for your rights right the way no that all what about that but what about the authority rests with the parents of their kids so offensive this argument that low income family down at the same intense set up for the family here and shaq blowing come family blew their children are more from school the school and search of the could environment then the camera but you know for sure if that he did that signing cool to students in low income communities the likelihood is going to be in the low quality school that year the thing that is oh high could happen to low income layton low income communities.