16 Burst results for "Luthor Whedon"
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Good at preventing you from getting into the hospital and dying from omicron but they're not very good at preventing these community transmissions Nassau and Suffolk counties dropped their indoor face mandates and no change in policy is planned but doctor farber says wearing a mask indoors is one way of cutting down on community spread Using the hashtag when snoop buys Twitter rapper Snoop Dogg's thrown his hat into the ring of sorts to buy the messaging platform after Elon Musk tweeted Friday his plan to buy the platform is on hold Oh he adds he's still committed to following through with the deal in a tweet Snoop Dogg says he'd consider buying Twitter at the deal with must falls through and that his first line of business would be to try to get free Internet connections on airplanes The rapper also says he's fed up with how the app verifies bots who bug him in direct messages The postal service is holding their stamp out hunger food drive today It's the 30th year in a row that postal workers have collected food donations going to local churches food banks and food pantries They're looking for non perishables and can't accept items in glass containers homemade items or expired food Donations can be placed in a bag and left by your mailbox today for a pickup I'm Scott Carr And I'm Susanna Palmer in the Bloomberg newsroom The Supreme Court is widely expected to strike down a New York law that limits the ability to carry a gun outside the home Currently New Yorkers must demonstrate a special need for self protection in order to obtain a concealed carry permit Near Eric Adams says New Yorkers legally carrying guns will not deter crime or make the city safer There's a tendency that people believe if they got a gun why have it if I'm not using it that's just the mindset of carrying a gun We have to rid our streets of guards from good guys and bad guys Adams says if you have a bad day and you have a gun that can spell trouble Media reports quote officials as saying a Rikers Island corrections officer died after jumping off the verrazano bridge yesterday morning calling attention to the prison's ongoing staffing crisis Police said yesterday afternoon that Edward Roman jumped to his death on the Staten Island side of the bridge he was 38 India prohibited wheat exports that the world was counting on to his supply constraints sparked by the war in Ukraine saying that its own food security is under threat Exports from India will still be allowed to countries that require wheat for food security needs and based on the requests of their governments all other new India shipments will be banned Stocks ended in other bumpy week with a gain Friday but not enough to keep the market from posing at 6 the weekly drop in a row with the longest losing streak since 2011 Jim Paulsen chief investment strategist at Luthor whedon capital says inflation is a driver I think there's growing evidence that it peaked in March and it's going to continue to moderate as we go through the rest of this year And if we get this thing down to like 6% I think people are going to calm down a fair amount here For the week the S&P 500 fell 2.4% The Dow fell 2.1% the NASDAQ down 2.8% this week Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Suzanne Palmer This is Bloomberg.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Bloomberg television A top Russian official says Moscow will take adequate measures if NATO works to deploy nuclear forces closer to the Russian border reports say deputy foreign minister Alexander grushko made the comments this morning that Moscow has no hostile intentions toward Finland and Sweden and sees no real reason behind those two countries joining NATO Finland said Thursday it plans to apply for NATO membership following the Russian invasion of Ukraine Sweden is expected to apply as well Former vice president Mike Pence will headline a rally for Georgia governor Brian Kemp sometime before the May 24th primary there setting up a showdown between Pence and his former boss former president Donald Trump chief among Kim's challengers as former U.S. senator David perdue who's been backed by Trump A soldier who was killed by a bear this week while training in Alaska has been identified as a Florida man 30 year old staff sergeant Seth plant of St. Augustine died Tuesday when he was mauled by a bear and a training area in anchorage I'm Scott Cobb And I'm Susanna Palmer in the Bloomberg newsroom The Supreme Court is widely expected to strike down a New York law that limits the ability to carry a gun outside the home Currently New Yorkers must demonstrate a special need for self protection in order to obtain a concealed carry permit Near Eric Adams says New Yorkers legally carrying guns will not deter crime or make the city safer There's a tendency that people believe if they got a gun why have it if I'm not using it That's just the mindset of carrying a gun We have to rid our streets of guns from good guys and bad guys Adams says if you have a bad day and you have a gun that can spell trouble Media reports quote officials are saying a riker's island corrections officer died after jumping off the verrazano bridge yesterday morning calling attention to the prison's ongoing staffing crisis Police said yesterday afternoon that Edward Roman jumped to his death on the Staten Island side of the bridge he was 38 India prohibited wheat exports that the world was counting on to his supply constraints sparked by the war in Ukraine saying that its own food security is under threat exports from India will still be allowed to countries that require wheat for food security needs and based on the requests of their governments all other new India shipments will be banned Stocks ended another bumpy week with a gain Friday but not enough to keep the market from posing at 6 the weekly drop in a row the longest losing streak since 2011 Jim Paulson chief investment strategist at Luthor whedon capital says inflation is a driver I think there's growing evidence that it peaked in March and it's going to continue to moderate as we go through the rest of this year And if we get this thing down to like 6% I think people are going to calm down a fair amount here For the week the S&P 500 fell 2.4% The Dow fell 2.1% the NASDAQ down 2.8% this week Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Suzanne Palmer This is Bloomberg.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Was temporarily on hold after learning that fake accounts make up nearly 5% of listed Twitter users The claim was made in a regulatory finding The Tesla and SpaceX CEO says he wants more details about that finding before completing his bid but maintains he's still committed to it This inspired a tweet from rapper Snoop Dogg who said he'd consider buying the platform if Musk doesn't A man is dead in South Florida after driving a ban through a gauge at a high school police spokesman Mike jackal says the man was shot Friday by a West Palm Beach police officer After the man ran into the auditorium at the Dreyfus school of the arts it's not known yet a suspect was armed no students were in the area The driver immediately got out of the van and became was acting erratically Running around the in session campus School staff and hobbies county school district officers acted immediately Police say the man ran over a palm tree and nearly over a maintenance worker in a golf cart the school was locked down for a time There was some type of fight that ensued Between the officers school staff and the suspect a West Palm Beach police officer discharged his weapon striking the suspect the incidents under investigation the officer who fired the fatal shot is on leave The price of gas is shooting toward four 50 a gallon triple-A reports the national average price for regular jumped two cents overnight to $4 43 cents marking the highest price ever for the fourth day in a row The majority of evacuations are over at the scene of a Southern California fire in Orange County orders remain for about 130 homes about 900 had been evacuated because of the coastal fire that 200 acre fire is now 25% contained It started Wednesday and destroyed 20 luxury homes on a ridge line overlooking the Pacific I'm Scott Carr And I'm Susanna Palmer in the Bloomberg newsroom The Supreme Court is widely expected to strike down a New York law that limits the ability to carry a gun outside the home Currently New Yorkers must demonstrate a special need for self protection in order to obtain a concealed carry permit Near Eric Adams says New Yorkers legally carrying guns will not deter crime or make the city safer There's a tendency that people believe that they got a gun why have it if I'm not using it That's just the mindset of carrying a gun We have to rid our streets of guns from good guys and bad guys Adams says if you have a bad day and you have a gun that can spell trouble Media reports quote officials are saying a riker's island corrections officer died after jumping off the verrazano bridge yesterday morning calling attention to the prison's ongoing staffing crisis Police said yesterday afternoon that Edward Roman jumped to his death on the Staten Island side of the bridge he was 38 India prohibited wheat exports that the world was counting on to his supply constraints sparked by the war in Ukraine saying that its own food security is under threat exports from India will still be allowed to countries that require wheat for food security needs and based on the requests of their governments all other new India shipments will be banned Stocks ended in other bumpy week with a gain Friday but not enough to keep the market from posting its 6th weekly drop in a row with the longest losing streak since 2011 Jim Paulsen chief investment strategist at Luthor whedon capital says inflation is a driver I think there's growing evidence that if peaked in March and it's going to continue to moderate as we go through the rest of this year And if we get this thing down to like 6% I think people are going to calm down a fair amount here For the week the S&P 500 fell 2.4% The Dow fell 2.1% the NASDAQ down 2.8% this week Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Suzanne Palmer This is Bloomberg This is Bloomberg Wall Street with alternate attention to the markets this week U.S. CPI members reinforcing concerns about inflation The financial stories that shape our.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Thursday Timmy what is it The velociraptor likes feces is arguably one of the world's most recognizable dinosaurs thanks largely to the movie Jurassic Park I'm Trey Thomas A couple in India is suing their son and his wife for not giving them a grandchild The couple's son has been married for 6 years and they filed the lawsuit earlier this month claiming mental harassment for the lack of grandchildren The lawsuit seeks $650,000 in compensation if a grandchild is not born within the next year The couple even said they would raise the child if their son and his wife were too busy with their careers I'm Brian shook And I'm Charlie pellet Bloomberg world headquarters Stocks came roaring back at the end of a nerve wracking week with the Dow the S and B and NASDAQ all rallying today Victoria Fernández is chief market strategist at crossmark global investments I'm not all in on the camp that we're having capitulation at this point in time or that we've hit a bottom I mean nobody calls that exactly but you look at the vix the vix is at a 30 And typically you don't see that capitulation until you get the vix around 40 Cross marks Victoria Fernández So another tumultuous week is behind us with one big topic on investors minds Jim Paulsen is chief investment strategist at Luthor weeden capital The fears we have today are tied to one thing really inflation That is the elephant in the room All the fears we have about high how high yields have to go how many times the fed's going to have to raise rates How much behind the curve they are whether they're going to have a policy blender ultimately a recession are tied to the inflation rate Jim Paulsen of Luthor whedon inflation is stomping on American consumer confidence as we hear from Bloomberg's Vinny del giudice The University.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Closing out another volatile week with a bit of a comeback Stocks jumped with the NASDAQ gaining nearly 4% as investors snapped up battered tech shares However the major averages still posted weekly losses of 2% or more due to the market's slide House speaker Nancy Pelosi says the nationwide baby formula shortage is unconscionable The California Democrat said the house plans to take up an emergency funding bill next week to address the ongoing shortage She said the emergency also serves as a reminder to invest in strengthening America's supply chains The White House is pushing Congress harder to authorize billions of dollars in additional COVID funding We are having bipartisan bicameral discussions about why we need this funding Press secretary Jen Psaki warned that some COVID programs may have to be shut down abruptly President Biden wants more than $20 billion to continue funding vaccines testing treatments and services I'm Brian chuck And I'm Charlie pellet At Bloomberg world headquarters Stocks came roaring back at the end of a nerve wracking week with the Dow the S and B and NASDAQ all rallying today Victoria Fernández is chief market strategist at crossmark global investments I'm not all in on the camp that we're having capitulation at this point in time or that we've hit a bottom I mean nobody calls that exactly but you look at the vix the vix is at a 30 And typically you don't see that capitulation until you get the vix around 40 Cross marks Victoria Fernández So another tumultuous week is behind us with one big topic on investors minds Jim Paulsen is chief investment strategist at luth old whedon capital The fears we have today are tied to one thing really inflation That is the elephant in the room All the fears we have about high how high yields have to go how many times the fed's going to have to raise rates How much behind the curve they are whether they're going to have a policy blender ultimately a recession are tied to the inflation rate Jim Paulson of Luthor whedon inflation is stomping on American consumer confidence as we hear from Bloomberg's vinyl Jude.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"The garden state Shanghai officials aim to get to zero COVID cases outside lockdown by May 20th The city has been on lockdown battling China's worst outbreak since the beginning of the pandemic restrictions could be eased in this city of 26 million where extended lockdowns have caused citizens to experience food shortages and mental health challenges It's Friday the 13th and for some that's a frightening thought while New York City's mayor may not have much fear of the date Natalie migliori reports he does believe that Gracie mansion is haunted prompting New Yorkers to weigh in The country home built in 1799 became the mayor's residence in 1942 David thanks if there are any ghosts it would be the city's 99th mayor Laguardia Probably haunting the house making sure that the next mayors take care of the city But not every New Yorker is convinced like an ear Any old house will have some creaking at some point There are Adams isn't the first to suspect ghosts since former First Lady chirlane mccray said in 2017 that she also witnessed ghosts like activity I'm Natalie migliori Doctor Strange in the Multiverse of Madness is raking in large amounts of cash across the globe Disney announced the sequel film has surpassed $550 million globally since its release on May 6th The latest installment in the Marvel Cinematic Universe will face no major competition in theaters this weekend and is expected to bring in even more money I'm Brian shook And I'm Charlie pellet App Bloomberg world headquarters Stocks came roaring back at the end of a nerve wracking week with the Dow the S and B and NASDAQ all rallying today Victoria Fernández is chief market strategist at crossmark global investments I'm not all in on the camp that we're having capitulation at this point in time or that we've hit a bottom I mean nobody calls that exactly but you look at the vix the vix is at a 30 And typically you don't see that capitulation until you get the vix around 40 Cross marks Victoria Fernández So another tumultuous week is behind us with one big topic on investors minds Jim Paulsen is chief investment strategist at lethal whedon capital The fears we have today are tied to one thing really inflation That is the elephant in the room All the fears we have about high how high yields have to go how many times the fed's going to have to raise rates How much behind the curve they are whether they're going to have a policy blender ultimately a recession are tied to the inflation rate Jim Paulson of Luthor whedon inflation is.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Owned by minorities And forecasters say half of the U.S. will continue dealing with a drought or see it get worse this spring That's according to Noah's spring outlook I'm Brad's secret And I'm susannah Palmer in the Bloomberg newsroom New York City's new health commissioner doctor ashwin vasan says that the city's private sector vaccine mandate will remain in place indefinitely Doctor bassan said he was also keeping the city's mask mandate for children under the age of 5 in place until further notice he spoke at a briefing Friday The news comes as concerns continue to grow over the new omicron sub variant BA two which now accounts for about 30% of new COVID cases in the city Stocks rose for a fourth day in a row Friday closing out their biggest weekly gains since November 2020 investors have welcomed the long expected pivot from the Federal Reserve from stimulating the economy to fighting inflation Jim Paulson is chief investment strategist at Luthor whedon capital and he says the market correction has been predictable and stocks are attractive And the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors For the week the S&P 500 rows 6.2% Jersey cities Saint Peter's college will try to advance to the sweet 16 tonight after that game that shook up the men's NCAA tournament brackets Bloomberg's Michael Barr reports Saint Peter's proud as a peacock will face Murray state in round two of the tournament Thursday night Students that think Peters went haywire as their basketball team ranked 15th in the tournament upset number two ranked Kentucky and overtime 85 79 Saint Peter's.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Los Angeles County fire department is sending supplies to Ukraine's first responders as the country continues to defend itself from Russia's invasion Fire chief Daryl osby says his department is eager to help Whatever we can do to assist them to enable them to protect the lives and property of their fellow citizens we're on board The department count the requests for supplies earlier this week at sending 5 pallets of gear including boots bulletproof vests turnouts gloves and helmets paramedics also pitched in with medical supplies Ukraine president zelensky is calling for meaningful talks to stop the Russian invasion In a video message early today zelensky said I want everyone to hear me now especially in Moscow The time has come for a meeting it's time to talk And President Biden is warning Chinese president Xi about aiding Russia during its ongoing invasion of Ukraine The White House issued a readout of a call between the two leaders where Biden cited the implications and consequences of Chinese assistance to Russia I'm Brad Steve And I'm Susanna Palmer in the Bloomberg newsroom New York City's new health commissioner doctor ashwin vasan says that the city's private sector vaccine mandate will remain in place indefinitely Doctor bassan said he was also keeping the city's mask mandate for children under the age of 5 in place until further notice he spoke at a briefing Friday The news comes as concerns continue to grow over the new omicron sub variant BA two which now accounts for about 30% of new COVID cases in the city Stocks rose for a fourth day in a row Friday closing out their biggest weekly gains since November 2020 investors have welcomed the long expected pivot from the Federal Reserve from stimulating the economy to fighting inflation Jim Paulson is chief investment strategist at Luthor whedon capital and he says the market correction has been predictable and stocks are attractive And the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors For the week the S&P 500 rows 6.2% Jersey cities Saint Peter's college will try to advance to the sweet 16 tonight after that game that shook up the men's NCAA tournament brackets Bloomberg's Michael Barr reports Saint Peter's proud as a peacock will face Murray state in round two of the tournament Thursday night.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Can do to assist them to enable them to protect their lives and property of their fellow citizens we're on board The department counts a request for supplies earlier this week and the plane leaves today at sending 5 pallets of gear including boots bulletproof vests turnouts gloves and helmets paramedics also pitched in with medical supplies Officials say discoveries were made in the search efforts for a missing U.S. Military aircraft with four service members on board The marine MV 22 Osprey went missing while performing a cold weather drill off the coast of Norway The Norwegian joint rescue coordination center said while there were discoveries the weather is making it impossible to land at the site Texas governor Greg Abbott is signing a disaster declaration It comes as the eastland complex blaze a combination of four fires burns about two hours west of Dallas as of Friday fire officials say it's burned over 45,000 acres a sheriff's deputy lost her life trying to help people escape the flames I'm Brad Siegel The nation's very biggest credit reporting bureau say most medical debt will be dropped from consumer credit reports Brian shook reports Equifax TransUnion and experian announced nearly 70% of medical debt on U.S. consumers reports will be removed They said research shows about two thirds of medical debt are one time or short term expenses It was also announced that medical debts less than $500 will no longer be added to credit reports starting in 2023 I'm Brian chuck Fewer Americans than ever are smoking cigarettes That's according to the CDC which says 12 and a half percent of American adults lit one up in 2020 That's the lowest number since 1965 when data began being collected As for the overall look at tobacco product use during the pandemic ravaged year 19% of adults use them that comes out to more than 47 million Americans A new study says you don't have to walk 10,000 steps a day to live longer Michael kassner explains Researchers at the university of Massachusetts at Amherst found the walking 6008 thousand steps a day is plenty to stay healthy The study concluded that taking that many steps each day reduces risk of early death by 54% for people ages 16 older Researchers found no increased benefit from walking more than 8000 steps They say that 10,000 steps business isn't based on science came from a 1964 Japanese ad campaign to sell pedometers I'm Michael kassner Google is being taken to court Reuters reports at a federal lawsuit was filed Friday accusing the tech giant of systemic racial bias against black workers one of the plaintiffs in the suit also accused the company of a hostile work environment towards black employees specifically at its headquarters in Mountain View California It's unclear what kind of damages the suit is looking for And a date is being scheduled for jury selection in the penalty trial for Florida school shooter Nicholas Cruz the trial date is set for the 4th of April I'm Brad Siegel And I'm Susanna Palmer in the Bloomberg newsroom New York City's new health commissioner doctor ashwin vasan says that the city's private sector vaccine mandate will remain in place indefinitely Doctor bassan said he was also keeping the city's mask mandate for children under the age of 5 in place until further notice he spoke at a briefing Friday The news comes as concerns continue to grow over the new omicron sub variant VA two which now accounts for about 30% of new COVID cases in the city Stocks rose for a fourth day in a row Friday closing out their biggest weekly gains since November 2020 investors have welcomed the long expected pivot from the Federal Reserve from stimulating the economy to fighting inflation Jim Paulson is chief investment strategist at Luthor whedon capital and he says the market correction has been predictable and stocks are attractive And the combination of pessimism which is really elevated after about a year going nowhere And with strong fundamentals I think is a buying opportunity for investors For the week the S&P 500 rows 6.2% Jersey cities Saint Peter's college will try to advance to the sweet 16 tonight after that game that shook up the men's NCAA tournament brackets Bloomberg's Michael Barr reports Saint Peter's proud as a peacock will face Murray state in round two of the tournament Thursday night.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"This is a special report the Russian invasion of Ukraine The United Nations reports they've completed their first convoy of humanitarian aid to northeastern Ukraine the convoy brought medical supplies bottled water ready to eat meals and canned food to help the about 35,000 people living in or around the city of sumi Hundreds are still under the rubble of a theater that was bombed in the Ukrainian city of mariupol That's according to Ukraine's president He added 130 people have been rescued Many were taking shelter there on Wednesday when the site was bombed Ukraine's leader noted the rescue mission is ongoing U.S. ambassador to the UN Linda Thomas Greenfield says Russia may be planning a biological attack We continue to believe it is possible that Russia may be planning to use chemical or biological agents against the Ukrainian people Thomas Greenfield blasted claims that Ukraine has a bio weapons program I'm Brian shook And I'm Charlie pellet At Bloomberg world headquarters Stocks had their best week since 2020 fourth week the S&P 500 Index advanced 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at Luthor whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulson of Lou fauld whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie kaminski of alpha simplex Well as for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year and then four potentially next year Patrick Paul free of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% The Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg Broadcasting live from the Bloomberg interactive broker studio in New York Bloomberg 11 three O to Washington D.C. Bloomberg 99 one to Boston Bloomberg one O 6 one to San Francisco Bloomberg 9 60 to the country Syria's XM channel one 19 and around the globe the Bloomberg business act in Bloomberg radio dot com This is Bloomberg best I'm Ed Baxter And I'm to these Pellegrini Ed one thing people do not like is when they don't get paid when they're owed something Oh yeah and that's what some of the worry is surrounding Russian debt Fascinating perspective we got from J Newman He's former senior portfolio manager at Elliott management And Denise he tells Bloomberg's guy Johnson shanali basak and Gina Martin Adams the amounts are small but the defaults would set a wildly dangerous precedent In this year the Russian Federation has to come up with about $4.7 billion altogether So they're not in the scheme of what Russia thought it had It thought it had 630 billion in reserves These payments are not large but if you can't pay because the system is blocked then you can't pay If we end up in the worst case scenario what do you think recovery rates look like What do you think the duration of the battle could look like If Russia remains under these kinds of sanctions and they decide that they're going to look for alternatives to the dollar Euro clearing system They may decide that it's not worth paying these bonds at all to foreign investors So I think there's a it's a bifurcated case They could be zero and they could be par It's the strangest situation I've ever seen Here's the thing We know that a lot of investors are offloading some of their portfolios We've heard to U.S. distressed funds Can you draw out the complications here Purely from a financial perspective and then also from a reputation perspective here in dealing with what's a sanction entity It makes sense for a lot of holders to sell just to get it off their balance sheet But if you don't have reputational issues it probably makes sense just to hang on to the bonds at this point And see what happens If things if things do get worse and they go the direction of Venezuela eventually the bonds will be traded to offshore entities people who are not sanctioned and as in the case of Venezuela a lot of those instruments will end up in the hands of locals And they'll turn the bonds into another form of currency that they can trade for commodities or if investments There are lots of things to do with bonds Once they're in the fall and I think the Russians have lots of ideas for how to do that Could you talk through the broader portfolio impacts of a default here What are the contagion possibilities How big is Russia in the broad portfolio on average It's quite small It's under 2% but I think the thing that people should be thinking about is what does this presage for investments in emerging market debt generally There is a long as rates go up The tide goes out and we see who's going to be swimming naked And there were lots of countries that are going to have difficulty making their payments If you're foreclosed from capital markets Which countries in particular are you worried about Jay and could this become systemic I think it could be I've got a long list Pakistan Egypt Ghana Zambia Lebanon's in distress Venezuela needs to be restructured Sri Lanka Tunisia Of course Ukraine and Russia Ukraine is going to come asking for debt forgiveness just because they can and frankly they need it They've got countries in Africa and Gabon Cameroon It's a very long list of countries that are kind of on the edge and might be pushed over as rates go up and as people experience kind of angst over owning some of these names You know I think back to what Ken Griffin had said right before the COVID crisis which waldron over at Goldman had said and they had all said that sovereign debt worries them more than any other risk really How bad of a sovereign debt crisis Jake can we see In the worst case we're looking at something like the early 80s when we had dozens of defaults in a very short period of time It could happen here and it could happen now Where's your safety play then Jay We talked about the biggest risks Where are the opportunities emerging or safety if you can find it I wish I could find it.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Have tried to predict what's going to happen in the future for this pandemic have repeatedly found egg on their face After talking about concerns of the omicron sub variant city health officials say children in pre-K must continue to wear masks and the private sector vaccine requirements remain mayor Adams had previously said he would reevaluate the mask policy after lifting the mask mandate for the older students Scott Pringle reporting the house is approving a bill to outlaw race based hair discrimination the measure applies to many different areas of life including employment and housing programs The bill's sponsor didn't mince words when talking about prejudice based on somebody's hair Democrat Bonnie Watson Coleman of New Jersey said discrimination against black hair is discrimination against black people Her bill is called The Crown act crown stands for creating a respectful and open world for natural hair Prince Harry and Meghan Markle are staying with Spotify Michael castner has more The duke and Duchess of Sussex reportedly thought about moving their podcast because they were concerned about how the streaming platform was handling coronavirus misinformation Spokesperson for their production company said Thursday they're confident about moving forward with their multiyear deal with Spotify They expect to launch Meghan's podcast series this summer I'm Michael kassner Amazon now owns a major Hollywood studio variety says the Seattle based company finalized an 8 and a half $1 billion deal giving it ownership of the MGM The deal gives Amazon Prime Video streaming service access to MGM's entire catalog of 4000 films spanning its 98 years in business I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters Stocks had their best week since 2020 for the week the S&P 500 Index advanced a 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at Luthor whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulson of Lou fauld whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie Kaminsky of alpha simplex Well as for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year and then four potentially next year Patrick palfrey of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% the Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"A special report the Russian invasion of Ukraine World leaders continue to discuss the Russia Ukraine war President Biden and Chinese president Xi spoke on a call for nearly two hours after White House press secretary Jen Psaki said China must decide which side it's going to stand with The chief of U.S. central command is praising Ukrainian soldiers who are fighting Russian invaders General Frank McKenzie told reporters the fighting spirit of the individual soldier is not something that can be created in training You can train around and you can equip an army What you can't give an army is the fighting spirit of the individual soldier Clearly the Ukrainians have tremendous fighting spirit at the individual soldier level they're defending their homes They're saying their country They feel that right is on their sides The House Republican leader is calling out one of his members who called Ukraine's president a thug California's Kevin McCarthy said North Carolina congressman Madison Cawthorn was wrong This has been a special report I'm Brian chuck And I'm Charlie pellett at Bloomberg world headquarters Stocks had their best week since 2020 fourth week the S&P 500 Index advanced a 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at Luthor whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulsen of Luthor whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie Kaminsky of alpha simplex Well as for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year And then four potentially next year Patrick Paul free of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% The Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg Your listening to balance and power with David Westin on Bloomberg radio Still to come this hour the information war I talk with the CEO of radio free Europe about efforts to inform the Russian people about events in Ukraine But first China is now battling its biggest coronavirus outbreak since the pandemic began in Wuhan more than two years ago with reports that president Xi went before the Communist Party's central committee to urge the swift containment of the spread of the epidemic I talked to Craig singleton senior fellow at the foundation for the defense of democracies about the crisis For much of the pandemic I would say China's COVID case loads remained well below that of other developed nations At least according to Chinese statistics that said China's COVID mitigation strategy heavily on mass lockdowns in some cases for tens of millions of people for weeks at a time China also repeatedly delayed the adoption of highly effective western produced mRNA vaccines relying instead on two of its less effective domestic alternatives Also troubling is that in places like Hong Kong less than half of residents over age 70 even elected to get vaccinated often citing concerns about the potential side effects in efficacy of the Chinese vaccines And so what China is learning the hard way is that policy is put into place at the start of the pandemic or frankly no match for our virus and the variant that is constantly mutating and adapting So we take those in order if you would why the delay in the mRNA approach was it to not invented here issue And by the way they fully opened mRNA vaccines now They haven't embraced them yet And some of there have been a number of concerns and questions about why there has been this sort of repeated delayed there I think big picture for Xi is that this COVID search just could not be occurring at a worse time for him He's already grappling with a rapidly cooling economy a host of other domestic challenges at the same time China has largely perceived as having tacitly backed Russia's unprovoked invasion of Ukraine and now finds itself pretty isolated I think that central to China's pandemic messaging though has been this notion that China's government was in effect managing the crisis much better than its democratic rivals namely the United States And the Chinese Communist Party attributed those perceived successes to Xi's hand out hands on management style although tensions have been running very high in China as the population has had to endure with the effects of these very painful draconian lockdowns And these latest omicron surges are likely just to further undermine Xi's domestic credibility and his governance narrative particularly as ill equipped Chinese hospitals face a massive uptick in COVID-19 cases The Xinhua news agency says that president Xi is now urging the swift containment of the spread of the COVID-19 epidemic Is there any occasion they're changing course or are they just doubling down on their sort of lockdown approach It certainly sounds more like staying course approach Mass lockdowns in some of Chinese China's major provinces including several of China's economic powerhouses It's almost certain to lead to further declines in China's industrial output placing pretty significant stress on China's already strained supply chains making matters worse as Russia's invasion of Ukraine with oil and commodity prices spiking These sort of sustained lockdowns could worsen China's record high unemployment rate which remains stubbornly above 5% for the last few quarters despite the.
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"luthor whedon" Discussed on Bloomberg Radio New York
"A little bit shorter today than the Saturn 5 was but it actually has more thrust that's more powerful to lift more to orbit NASA's Scott Wilson says the Artemis one mission launched into spring will be a test of the new Orion capsule sending it around the moon the SLS can send almost a 100,000 pounds of cargo into space critical for setting up colonies on the moon and Mars At the Kennedy Space Center I'm Rory O'Neill Two Kentucky men have a big fish story to tell Michael Robinson and Terry ramer were fishing on the Ohio River Tuesday when they caught a blue catfish This was no ordinary catfish as big blue wade nearly 95 pounds I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters Stocks had their best week since 2020 fourth week the S&P 500 Index advanced 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at Luthor whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulson of Lou fauld whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie kaminski of alpha simplex As for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year and then four potentially next year Patrick palfrey of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% The Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg This.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"It has been increasing over the past several weeks we've been seeing that At the same time the overall case numbers have been relatively stable with some increase in the last few days Officials say it does not appear the sub variant will cause more severe illness than omicron but believes it's more transmissible The city remains in what the health commissioner calls a low risk environment He says there are no further changes coming anytime soon to coronavirus restrictions Toyota is temporarily stopping operations at many of its plants across Japan This is due to the major earthquake that struck earlier this week and its impact on supply problems Come next week 18 production lines at 11 plants won't be in operation for three days A lost sheep is now 88 pounds lighter Mark Mayfield explains a hiker discovered the sheep on an Australian mountain and it had at least 6 years of wool on him After being contacted by the hiker an owner of a local animal sanctuary called an expert to shear the sheep The Shearer said the sheep's condition improved quickly once the wool had been removed The sheep who has since been named Alex in honor of the mountain that it was found on will continue to live at the sanctuary I'm Mark Mayfield a Wisconsin woman is hoping her four leaf clover collection will bring her more than just luck but Tina rye claims to have collected a four leaf clover for 258 straight days She's asking the Guinness Book of World Records to create a new category for her accomplishment Guinness told Reich she would have to pay for an adjudicator to visit her to verify her collection Reich said she collected one clover each day from March 22nd until December 4th last year I'm Brian shook And I'm Charlie pellet at Bloomberg world headquarters Stocks had their best week since 2020 for the week the S&P 500 Index advanced 6.2% NASDAQ this week up 8.2% Technology stocks led today's gains Jim Paulson is chief investment strategist at loof old whedon capital He says stocks are attractive In the combination of pessimism which is really elevated after about a year of going nowhere And with strong fundamentals I think is a buying opportunity for investors Jim Paulsen of Luthor whedon Wall Street is wrapping up a week in which we saw liftoff for the Federal Reserve Katie Kaminsky is chief research strategist at alpha simplex group Traditionally whenever the market has been faced with the rate hike we usually have sort of a sell off in some way So I was pretty impressed that the market was relatively calm this week about this decision but maybe that's because everybody knew it was coming Katie Kaminsky of alpha simplex Well as for the path of Federal Reserve rate hikes Patrick palfrey is senior equity strategist at Credit Suisse securities I think the question is how many hikes can they get in in 2023 as well And ultimately it appears that they're looking to do 7 potentially this year And then four potentially next year Patrick palfrey of Credit Suisse General Motors has bought out the SoftBank vision fund one stake in self-driving startup crews for $2.1 billion ending the Japanese investment firm stake in the business Stocks advanced today with the S&P rallying 51 points up 1.2% NASDAQ up 279 up by 2% The Dow Jones Industrial Average up 274 a gain of 8 tenths of 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie palette This is Bloomberg This is Bloomberg best Bloomberg radio is everywhere I always accurate and precise We'll work really one of the places that's reporting facts Your communication capabilities are wonderful for our business I'm Ed Baxter And I did these Pellegrini on this weekend edition of Bloomberg best Russian contagion and a global default risk We're looking at something like the early 80s when we had dozens of defaults in a very short period of time It could happen here and it could happen now Do investors have false expectations about the fed The bond market and the stock market together are pricing kind of a magical scenario where the fed Titan's.
Bloomberg Radio New York
"luthor whedon" Discussed on Bloomberg Radio New York
"Break We want to look ahead to markets in the new year with the view from Jim Paulson chief investment strategist at Luthor whedon Jim has been one of the biggest equity bulls on Wall Street but when it comes to 2022 his outlook is a bit more nuanced Paulson spoke with Bloomberg's Jonathan farrow Kaley lines and Matt Miller Let's listen in We're going to have a very volatile year ahead of us But I would argue that it's probably going to be the best in the first half of the year I know we're up here A lot of people think we might give some of this back As we enter the new year that could happen But I think we're going to maybe go above 5000 during the first half of the year on excitement that finally maybe moving the COVID from pandemic to an epidemic and on the realization I think increasingly that inflation is moderating But then I think in the last half I think we're going to see bond yields come up and the fed tapering and maybe raising rates more aggressively I think we could have a bit of a struggle in the latter half of the year That's why I think we'll end up around 5000 for the S&P But I think the broader market outside of the S&P 500 does better this coming year than the S&P 500 overall Well let's talk about the bond yields going up because I know you see the tenure at two 25 at year end next year Obviously we're about 75 basis points south of that at the moment Does it matter the ultimate rate how high the rates ultimately go or the speed at which they get there Do you think that is a move that will happen quickly and that that is actually what will be upsetting to the equity market That's a great question Kelly One of the things that I've looked at recently looked back to 1926 and looked at all the months that we've been under 3% ten year yield I've got to tell you when you're under 3% ten year historically we've only been there about 25% of the time It is a gift to equity investors Because the stock market what it does is almost 21% annualized annualized monthly returns and it has negative monthly returns a third of the third less compared to when you're above 3% The return when you're above 3% is 10% what is 21% below One of the things I think is important for investors to focus on is rates are going to go up but boy I'll tell you until you get back above the 3% level the history of the stock market is awful encouraging for stock investors That doesn't mean that a rate rise of 75 or a hundred basis points over a short period of time won't bring a correction I think we will get that later this later next year But I think it's important to realize not to totally run away from stocks at least until we get back above 3% tenure Well is there no alternative Jim I mean is that part of the thesis or.
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"luthor whedon" Discussed on Bloomberg Radio New York
"Good morning I'm Nathan Hager And I'm Karen Moscow and U.S. stock index futures are higher this morning after another record close and it is coming up to 5 O one on Wall Street We check the markets every 15 minutes throughout the trading day on Bloomberg And right now S&P futures are up 5 points Dow futures up 13 NASDAQ futures up 40 The decks in Germany is little changed and your treasury up 8 30 seconds The 1.52% they yield on the two year .73% 9 X crude oil moving lower down half percent or 38 cents at 7 8 6 a barrel Comic scroll down three 10% or 5.5 cents at $1800 20 cents an ounce The Euro 1.1302 against the dollar and Bitcoin at $46,700 Nathan Karen we begin this morning with a verdict in the case of Ghislaine Maxwell the British socialite has been found guilty of engaging in a ten year sex trafficking scheme with Jeffrey Epstein Bloomberg's Michael Barr joins us live in New York with the very latest Good morning Michael Good morning Nathan she once rubbed elbows with world leaders and royalty now Ghislaine Maxwell is a convicted sex offender facing decades in prison Maxwell was found guilty of 5 counts related to sex trafficking and conspiracy charges at the heart of the prosecution's case for accusers who say they were recruited and groomed by Maxwell when they were teenagers When the verdict was read and the Manhattan courtroom Maxwell showed no reaction she now faces up to 65 years behind bars Maxwell's attorneys say they will appeal Live in New York Michael Barr Bloomberg daybreak All right Michael thank you Will be turned to politics now in a big meeting for President Biden He takes a call from Russian president Vladimir Putin today Amy Morris has details from our Bloomberg 99 one newsroom in Washington Russia requested today's call which officials say will focus on a range of topics including upcoming diplomatic engagements with Russia The last time the two leaders spoke President Biden warned Russian aggression against Ukraine would be met with unprecedented economic penalties The U.S. has told allies that the massive Russian military presence could signal an invasion as early as next month Russia denies plans for a military operation but has warned NATO against stationing offensive weapons in Ukraine In Washington I'm Amy Morris Bloomberg daybreak Amy thanks let's get to the latest on the pandemic now is rising COVID cases show no signs of slowing both the data and the experts point to the omicron variant causing record transmission of the virus but less severe cases Graham cook is Professor of infectious diseases at imperial college London There's still singing very very high numbers of cases in the community And that's really a record highs and we're seeing that in many countries But at the same time we haven't yet seen that really reflected in the number of cases going into hospital Graham cook had imperial college London says most hospitals are not showing severe strain from this outbreak U.S. cases are hitting fresh records including almost a half million new infections just yesterday at the same time deaths are actually declining That's according to federal health officials who say new cases are up 60% from last week while deaths are down 7% Mon Nathan there's also encouraging news on the vaccine front This time we're focused on the shot from Johnson & Johnson and Bloomberg's ra need a young joins us now with the details Good morning ready to Good morning Karen two doses of J&J's COVID-19 shot decreased hospitalizations caused by the omicron variant by up to 85% That's according to data from South Africa It's a welcome result It's almost around pushes the world to a record number of daily cases and evidence emerges at the variant can evade some vaccinations These results could also help explain why there are not as many hospitalizations and deaths following the exponential growth in new cases I'm Renee young Bloomberg daybreak Okay ranita thank you Financial markets appear to have shaken off concern about the S&P 500 is coming off its 70th record close of the year But what's in store for 2022 How about a strong start for stocks A lot of volatility and a slump in the second half That's the view from Luthor whedon chief investment strategist Jim Paulson It's probably going to be the best in the first half of the year I know we're up here A lot of people think we might give some of this back As we enter the new year that could happen But I think we're going to maybe go above 5000 during the first half of the year on excitement that finally maybe moving COVID from pandemic to an epidemic and on the realization I think increasingly that inflation is moderating Jim Paulson with Luthor whedon expects the broader market to perform better than the S&P 500 next year His year end target for the benchmark index is 5000 and stay tuned for more of that interview coming up shortly on Bloomberg daybreak While Nathan the Federal Reserve will once again play a major role in market sentiment next year expectations currently call for three rate hikes from the Central Bank but there's also the question of vacancies at the fed President Biden is expected to announce his picks for three open seats early next month Joe Lavon's chief economist Aetna Texas One of the problems the administration is going to face in 22 if they want to get all three filled is getting Senate confirmation and if they wind up going with somebody who is more extreme we saw for example what happened with the comptroller of the currency That's going to be very difficult for them to fill all three of those spots So they may have to pick more of a centrist or maybe a center left leaning economist type because it's going to be hard to get all three through right now And it takes its chief economist Joe lavonia spoke with our Washington correspondent Joe Matthew on Bloomberg sound on catch the program weekdays at 5 p.m..