18 Burst results for "Lyanna"
WTOP
"lyanna" Discussed on WTOP
"Good evening, I'm Lyanna. It's 7 14. Thanks for being with us. Now that President Biden and House speaker Kevin McCarthy have secured an agreement on the debt ceiling, they need Congress to approve it ahead of next Monday's default deadline. And they have a lot of work to do this week. WTO Capitol Hill correspondent Mitchell Miller, joined us earlier to talk about what House Republican lawmakers are saying about the agreement. They just say that the cuts don't go deep enough. They pass this legislation in the house last month and they thought large parts of it were going to move forward and they haven't. So there's been some very strong criticism from members of the House freedom caucus who feel that speaker McCarthy gave up too much during those negotiations, just some examples Colorado congressman Ken buck called it a major win for President Biden and Texas Republican chip Roy has called the bill a turd sandwich. Now, all of these conservatives are on the one side kind of like the progressives on the democratic side who also have issues, they are criticizing work requirements that have been put into the bill on social programs like food stamps, still McCarthy does believe he can get a majority of his conference to vote for the bill and will have to get more support from moderate Democrats later in the week. And as we said this week, there's going to be a lot of work being done on this. Tomorrow there is a procedural vote explain what that is and tell us what we can expect. Right, not to get too deep into the weeds, but this is really interesting. The House rules committee has to vote the bill out of the panel so that it can come up for a vote for the full House on Wednesday. That's normally not a big issue, but the rules committee includes three new Republican members who were given those assignments when McCarthy was having all that trouble becoming speaker. Two of them include congressman Roy, who I just mentioned in South Carolina Republican Ralph Norman, who has called the bill insanity. So if a third Republican, in this case, possibly Kentucky's Thomas Massey were to vote against it, it's possible that along with Democrats, the bill would not advance. So all eyes will be on Kentucky congressman Massey tomorrow. And if the house approves the bill on Wednesday, what's the timeline going to be like for the Senate for getting this done before the default deadline of June 5th. It's likely the vote would be Wednesday night in the house, then Senate majority leader Chuck Schumer says he wants to act quickly, but as you know, a single senator can hold things up procedurally for quite some time in the Senate, and some Senate Republicans are not fans of this bill, but the Senate's top Republican Mitch McConnell is praising the legislation. He wants the GOP to get it passed. Still, it is possible to vote may not take place until near the end of the week when the default deadline will only be a couple of days away, will also be watching the markets to see how they react this week. Capitol Hill correspondent Mitchell Miller. People who monitor the bald eagle nest along the dulles greenway and Leesburg got a scare this morning when they saw just two of the three in the nest. Terry Hoffman woke up Monday morning to alerts on his phone about the dullest greenway bald eagles nest. And then I went to a camera not only smoked too, so I'm like, oh, we got to do a rescue. Hoffman, public and customer relations manager for the dulles greenway says part of the nest had collapsed overnight and one of the three eaglets DG four had taken a fall from about 90 feet up. It was flapping his wings, trying to fly. DG four was found by a volunteer. We didn't see any signs of any major injury or anything like that. The eaglet was taken to a wildlife rehab center for a check, Hoffman says all three are just a week or so from leaving the nest, Kate Ryan, WTO P news
WTOP
"lyanna" Discussed on WTOP
"Dickie Lyanna, thanks for being with us. Three children injured in two separate shootings in northeast D.C. today, at around ten 30 this morning, D.C. police responded to a shooting on M street northeast close to bladensburg road. They found a 16 year old boy with gunshot wounds, conscious and breathing. And then around noon time, D.C. police say they found two more gunshot victims. Approximately 11 years old and 15 years old, conscious and breathing on just straight in the dean would neighborhood of northeast. Police say it appears the two victims were dropped off at that location, and the original location of the shooting remains unconfirmed. All victims injuries, non life threatening, both shootings are under investigation. A Maryland woman is facing time in federal prison for using stolen identities to get over a half $1 million in cell phones. According to the plea documents 39 year old danisha Thomas from bladensburg, Maryland, would give the personal information of identity theft victims to people she knew who worked for a cell phone vendor. They'd use the information to make new accounts or upgrade phones, charging at all to the victim's accounts. Thomas would take the phones. The others involved in the case have already pled guilty. Thomas is facing up to 20 years in prison for wire fraud. The aggravated identity theft charge comes with a mandatory two year sentence. Her sentencing will be in September. Michelle Morello, WTO news. Adidas still hasn't figured out what to do with a $1.3 billion worth of high end yeezy sneakers after splitting with the rapper formerly known as Kanye West. The footwear has been sitting in warehouses for nearly 7 months since Adidas ended ties with Ye over his anti semitic and other offensive remarks. The company's CEO says Adidas is getting closer and closer to making a decision. While destroying the shoes is an option, the company says it's trying to avoid that. Adidas reportedly is breaking up with the West Coast at $441 million in lost sales at the start of the year. Now to the top stories we're working on at WTO P, fairfax county
WTOP
"lyanna" Discussed on WTOP
"Rain at times tonight and lows in the low to mid 40s. High temperatures tomorrow warming to around 60° with clouds giving way to sunshine. Plenty of sun on Wednesday with high temperatures in the low 60s, and the chance for rain on a mild Thursday. We'll have temperatures warming to near 70 with a bit of a breeze. Rain is looking likely at times on Friday still blustery out there, with temperatures cooler in the low 50s and on Saturday we're warming into the 50s to near 60. I'm storm team four meteorologist stimulated raper. Well, we're checking out storm team four radar, a couple of hours ago. We had almost full coverage, meaning almost anywhere you were driving in the WTO pre listening area. You were getting some rain. Now a far different picture. We'll start in fort Washington, the Waldorf area, still getting some rain in southern prince George's county in northern Charles county. But then the rest of The Rain has pushed into other parts of southern Maryland, primarily saint Mary's county and the eastern shore across the Chesapeake Bay bridge. And across the Chesapeake Bay itself, so places like Cambridge Salisbury, milford Delaware, those areas are getting quite a bit of rain right now. I'm watching one other part of the radar, and it's west of Hagerstown, in Cumberland, Maryland. There is more rain. And if I put the radar into motion, I can see it is pushing west to east. So if you're in Frederick or eldersburg or tausen, even Germantown and Rockville, you can expect maybe some more showers in the next hour or so. We'll keep watching that stuff in western Maryland and see how close it gets if it holds together and pushes through our area again. At the wharf in D.C. 43, national harbor is at 43 in Sterling, 42°, and the other feature tonight is not getting much colder than we are now. We're staying in the 40s, maybe down to 40°. Coming up on WTO pay. 5 sleep factors that can lengthen your life. I take your Lyanna. Stay with us. Here's an asema shafi. The chief executive officer of Whitman walker health. On WTO's get on top of your health series. Sponsored by Whitman walker health. Not only will you see the same medical provider because we're a one stop shop, you're also able to see the same dentist, our nutritionist who is here. We have acupuncture. You'll see the whole care team. You also need to see the same folks at the front desk, the same medical assistance. Watch the entire discussion on WTO P dot com. Search top health. For 50 years, Whitman walker has been rooted in community as a welcoming and
The Dan Bongino Show
Amber Athey: Are Lefties Changing Their Position on the Vaccine?
"A few not a lot and when I act like it's a huge tidal wave but it's enough of a murmur now that starting to build but hey there may be some real problems with this thing I don't know if you're seeing the same thing I'm like I'm on social media all day you know out there looking for stories for the show and doing show prep And I'm even starting to see it now where I say again it's a small group I don't want to be dramatic but the Lyanna wins of the world than others He's left these who are like eh maybe we shouldn't have done what we did with vax and the masks and other stuff I think the culture is changing a little bit Your thoughts on that Yeah I've seen that a little bit What is kind of concerning is the amount of people who still want to deny what's in front of them For example there was this I think she was a CNN anchor who was talking about how she developed myocarditis but claimed that she got it from a cold I mentioned didn't even mention the fact that she had been vaccinated and that could have potentially been the cause of this It was because she had a normal seasonal cult And she somehow got myocarditis from it And you'll see cases of athletes falling down on the field having heart attacks out of nowhere there's some of the healthiest people in the world And the media stories act like the vaccine is not looming over all of these questions And it just further undermines of course the credibility of them and of the public health establishment But I'm glad to see that some people are starting to get there But at the same time it's too late because you already mandated millions of people to get these things otherwise they would be fired or kicked out of the military or threatened with basically social ruin and a couple of years later now these people if they're going to get sick from the vaccine it's to let you can't purge your system of the vaccine So the damage is already done at this point
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"A good morning and thank you, the Bank of England's chief economist, says the UK government's tax cuts and the market reaction that followed require a significant monetary policy response pupil says the Chancellor quasi quantang fiscal changes have caused a significant repricing of assets, purple beliefs are best time to assess and react to the impact is at the BOE's next meeting in November, separately he said government subsidies to help households and businesses with energy bills were likely to have made its August forecast of a recession redundant. Now Russian leaders have declared victories in a series of stage managed UN condemned referendums as a Kremlin moves to annex a large chunk of occupied Ukraine, the head of the self styled Donetsk people's republic posted on telegram at 99.2% of those polled had floated to join the Russian Federation, a state owned news agency also reported landslides in the three other regions that did hold votes. And people who want to live longer apparently should do weight. Activities which strengthen the muscles like a weight lifting should be part of an older person's weekly exercise routine, according to a U.S. study published in the British journal of sports medicine. People doing both aerobic and muscle exercises were more likely to live longer than those who just did one or the other. But here's some good news you don't have to go to the gym, carrying heavy shopping bags, digging in the garden and Pilates while they are all count. 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. This is Bloomberg, Stephen. Leanne, I feel very attacked by that story. And so she said for older people. Well, exactly. I would have stopped couldn't possibly. I should know that Lyanna is the fittest person at Bloomberg. I feel like reading the story, I should be living 200 years. Because I feel like all I ever do is go to the gym. It's like the hobby of my hobbies and walk my dogs. But what's really? Just to show you, when you said people should do weights, my immediate thought was what should they do with them? Well, they should squat with them. They should maybe do a deadlift. There's lots of different things. But I thought this was really interesting because it's saying mixing both of them and we know that doing weights is really good for bone density and this is obviously as you get older your bone density decreases where weight lifting is something really positive. Leander this feels like an entirely different podcast. It does. I feel like but if you've got Sainsbury's Tesco other shops are available shopping bags there we are Steven you don't have to lift weights. Very good. I'm glad to hear that. And thank you very much from one sort of weightlifting to another. Let's talk about ECB president Christine Lagarde. He's been doing her best to try and lift some of the gloom around the Eurozone economy saying her primary goal is ECB president is not to create a recession while she's been talking. The credit default swap market for European bonds hitting cast not seen since 2012. Let's bring in our chief European economist Jamie rush in the studio who is very fit as well, I should say. Jamie, Christine the guard this morning, committing to race hikes, but also to avoiding a recession can she do both. I don't think she can. I mean, I think they obviously don't want to create a recession, but I think what they would argue is that if they don't do something now to stop inflation expectations and anchoring, then they'll have to do an even bigger recession to get inflation back on track. So I think that's the unfortunate reality they find themselves in and they're going to you can't lift rates as they are planning to do without causing a pronounced lay down. I was also looking at some comments. I think it was Ollie wren also speaking this morning, saying that a neutral rate could be reached before Christmas. It got me going back to that old question about how big is the window for the ECB to keep increasing interest rates because yes, inflation does seem to be a focus, but of course the slowdown in the Eurozone economy also looms. What do we expect there? I'm not even sure they're going to get to Christmas. I mean, I think what's happened is the repricing of bonds in the Eurozone, similar to the U.S. and elsewhere, is potentially going to cause a crisis before we even get to the point where there used to be stopped hiking. So I think talk of neutral and whether you get there or not, really, what they ought to be trying to do is tamp down expectations for the long run for interest rates, otherwise everything's going to blow up. What about at this stage is it really monetary policy that we should be watching, or is it the weather when it comes to the outlook for the Eurozone? Well, in UK was off fixated. But I think it actually is genuinely worth watching. So what's happened? So we've got enough gas to make it through the winter as long as it's as long as it's a normal winter. If it's a winter like 2010, which was cold. Then there may not be enough gas. We might see some rationing. So the thing is that as an economic forecast that we don't know what's going to go on, neither weather forecast is more than a few weeks ahead, so we're not going to have any clarity over the winter and what we're in for until we're there. To it in it, yeah. The weakness in the Euro obviously a big talking point as well. We tried to ask Pascal Donna who leads the Euro group earlier on if he was concerned. He just said, you know, we're monitoring the strength of the dollar, the weakness in the Euro. Is it easy something that is causing pain to European to the European economy? It benefits obviously exporters, but in the aggregate in the round. Well, it kind of layers on top of the cost of living crisis that's afflicting everyone, doesn't it? So more importantly, good costs going up as well as the energy costs. It doesn't help consumers. It makes things in the near term. It's going to make the economic slowdown more pronounced. But in the medium term, maybe things took a little bit better How worried should we be about the movements on the bond markets? I think in particular about the UK here, given that they absolute surge that we've seen in gilts, is that going to have a material impact on public finances. Yeah, absolutely. So we have a note out this morning, which shows you the implications of this. And that is not on a sustainable trajectory at these rates. Even if they unwound some of the tax policies that would still look very difficult to manage at this interest rates. And our interest rate is going to go back down. Well, the trouble here is that credibility takes a long time to build and it's very quickly lost and it's lost. So it's not obvious to me that even if they ride back on some of the policies that you're going to see a big repricing that pushes down guilt eels again. Yes, and also I was looking at back at a chance of guilt yields and yes, these moves have sped up incredibly since Friday, but the move had already started, haven't they? So even if we did see a wind back of what the treasury, even if they
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"You may. Me cry at Boone. We'll be in CD valley, California today, visiting the Ronald Reagan presidential library and promoting his latest book. In the late 50s and early 60s, Boone had 38 top 40 hits and appeared in more than 12 Hollywood movies. He also was the second biggest charting artist of the late 50s behind only Elvis. I'm Scott Khan. And I'm Susanna Palmer in the Bloomberg newsroom. 21 years since the attacks of September 11th of 2001 in New York families of victims are gathering for the ceremony inside the 9 11 memorial Plaza in Lower Manhattan. Mayor Eric Adams showed up yesterday afternoon at the Jacob riis houses in the East Village neighborhood, then drank a glass of water from the faucet of an apartment there before he declared the water safe to drink. Residents of the complex had been alarmed for 8 days after an Illinois lab hired by the city detected arsenic in the drinking water. It turned out to be a false alarm, still some residents are skeptical, including Lyanna perilla. I don't think I'll be drinking it for a while. The lab later retracted its findings and the city's own test results later cleared the water of any unsafe contaminants. The focus turns back to inflation in the week ahead, Bloomberg's Karen Moscow has more. Markets will be focused on U.S. inflation data for August after price growth the accelerated more than forecast in July. While an expected 8.1% rise in the consumer price index on the year would suggest inflation is cooling, the core measure that excludes food and fuel as seen accelerating. Tuesday, CPI report is the last before Federal Reserve officials convened for their next policy meeting. Their producer price index is out Wednesday, Thursday, its retail sales and industrial production and Friday consumer sentiment. Bloomberg's Kieran Moscow. Amazon sellers are bracing for a bleak holiday shopping season as inflation bites consumers. Bloomberg's Courtney Donahue has details. Many merchants fear they'll be forced to cut prices to move a mountain of unsold inventory. It's a change from the previous two years when sellers scramble to get enough products into Amazon warehouses. Insider intelligence says online sales will rise a little more than 9% this year to a $1 trillion. The first time growth has slipped into the single digits. According to a hope Bloomberg radio. 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 Susanna Palmer. This is Bloomberg. This is Bloomberg best. Bloomberg radio is everywhere. I always accurate and precise Bloomberg's really one of the places that's reporting facts. Your communication capabilities are wonderful for our business. I'm Denise Pellegrini on this weekend edition of Bloomberg best. Natural gas prices could stay higher for longer, according to Citigroup said Morse. It will be somewhere between 2025 and 2027. That will see the prices in Europe coming back to where they were at the beginning of 2021. ConocoPhillips speaks out against Europe taxing their windfall profits. It is a gordian knot. It is a really tough thing that they're going through. But the solution is not to pack what you want more of in the short term. And Chevron calls for reform in permitting for energy projects. It's difficult to permit infrastructure in this country of any type and to build it in substantive reform would be a very meaningful step forward. Bloomberg best, Bloomberg's best stories of the week, powered by 2700 journalists and analysts in more than a 120 countries around the world. And we begin this special edition of Bloomberg best looking at the state of the energy industry with crude oil prices because a lot of people had been calling for crude prices to go up a lot, but not Ed Morse. He's global head of commodities research at Citigroup global markets, and we certainly have had some days lately when crude oil futures fell just like you said they would, even in the face of all the new planned OPEC production cuts, and Bloomberg's Lisa abramo and
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"Open 12 CD coco has advanced to the quarterfinals the straight sets win over shoe Isaiah while 17 sea Caroline Garcia's onto the quarters as well, the win over 29 seat Allison risk. I'm rich Raj. Anything action 50 done jabor is on the court versus 18 seat of Veronica dear mantova in a fourth round match coming up all in a little bit lyudmila samsonova faces ila to Lyanna vich. In the men's draw FC Casper root has advanced to the quarters a four set win over quarantine mute while 13 seed Matteo bear tini needs 5 sets of guests past Alejandro davidovich for kina to also advance the quarters currently we are in the third set 12 C Pablo crane a busta and 27 cuenca are in that third set type at a set of peace coming up later tonight. The top seat of Daniel Medvedev will be facing 23rd seed Nick Kyrgyz. With the NFL season set the kick-off Thursday with the reigning Super Bowl champion LA rams hosting the Buffalo Bills, rams quarterback Matthew Stafford says there are no limitations with his right elbow after limiting his throwing during training camp due to elbow issues which began last season. Stafford received an injection into that elbow last year and did not throw it all during spring workouts to help the elbow heel. Major League Baseball scoreboard local teams currently top 8 San Francisco shiny up Philadelphia, three to nothing. I'm Dan Schwartzman that your Bloomberg world sports update, Steven. All right, thanks a lot, Dan. We're going to take a quick break, but I just want to give you a quick update on that big super typhoon heading past Shanghai and towards South Korea. It is now a super typhoon and the big port yangshan port in Shanghai has been a suspended operations, flights in Okinawa, Japan also being canceled. We'll be keeping an eye on that. We'll be right back. This is Bloomberg. Not
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"Here is Leon garron with more on what's going on around the world. Morning Leon. Stephen good morning and thank you House speaker Nancy Pelosi is reaffirmed U.S. support for Taiwan despite a fresh threat of military action by China she made her comments at a ceremony with president sang Wang when she said the visit showed staunch international support for the for the island, Pelosi is the highest ranking American official to visit Taiwan in 25 years. Now the Federal Reserve is pushing back against the idea that policymakers may pivot away from tightening. Yesterday, four fed district bank presidents highlighted a remarks that there is no sign that inflation is easing that helped trigger a surge in treasury yields and the cost of renting a room here in London is surging. This is the latest blow to the city's poorest residents. It costs 15% more to rent room than it did last year. That's according to data from spare room. Prices have surged almost 20% from pre-pandemic levels and places like lower Edmonton and in areas in and around altham by comparison they're up just 1% in the same period in the affluent places like Bulgaria in central London. 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. This is Bloomberg, Caroline. Well, of course, the army of individual homeowners who basically make up the majority of the rental market in the UK they definitely want to see higher prices given the pandemic. Wiped a lot of people out. Sandra is interest rates as well. And by the interest rates, yeah, so difficult. And yet, of course, as you say for renters this very, very tough market. And does that play into the labor market picture if you're trying to get workers into London who can take up some of those jobs, you know, people wanted back in the office need to take back up rooms in the capital. So disappear. Cost of living crisis to squeezing people more and more isn't it was saying bulls going up, we're also seeing rank going up and it seems to be in the suburbs so just outside of London because people are still working from home and they want to garden and I bet you they probably got a dog in the pandemic too so you're thinking of it. I do wonder as well if there's an Elizabeth line factors this as well because a lot of the places that are seeing big jumps and rant are places that are on the particularly the east Elizabeth line looking at places like forest gate seeing big increases in spare room prices as well. Anyway, let's take a look at Lyanna, some of the other things that we're looking forward to for the markets this morning. What have you got for us? So at 8 15 a.m. UK time we'll have PMI printful Spain and that's followed shortly by Italy and then this has followed by retail sales data and PPI for the Euro area at 10 a.m. UK time. But also have this massive slew of U.S. data coming in the afternoon, including PMI, ISM services, followed by factory orders and also durable goods and OPEC plus also reached today and that's to decide on crude oil production plans of 4 September and at 10 o'clock tonight UK time we hear from the Airbnb CEO Brian chesky. Now this comes after Airbnb slumped after bookings messed analytic analysts estimates that comes despite the company seeing a record of third quarter as lockdown rules ease and people do start to travel again and earnings include seaman health and ears BMW AP Muller Musk just eat and telecom Italia. So lots happening. Yeah, absolutely. We've had just eat out this morning. Yeah, very interesting. Thank you so much for all of the points that we need to be watching out for for the rest of the day. But I also want to bring you our big take this morning. A
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"The weather worn wood, scuffs, and general neglect are all remnants of a previous owner. Well, this is your deck now. So let's turn it into a deck that truly feels yours, with bear premium stain. Then number one rated stain, according to a leading independent consumer publication. Tax rate, at the higher levels of income tax, Leanne, after thresholds, were frozen. What's the story here? I mean bracket creep is something we've seen before from budgets. Yes, indeed, and it's not really a happy Friday story, is it that this story is in the Financial Times Anne as you said all about income tax rickshaw sunac and inflation. So one in 5 taxpayers are soon expected to be paying the 40 or 45% tax rate after Rishi sunak froze income tax thresholds until 2026. So about 4.3 million people were paying this percent when Boris Johnson actually became the prime minister back in 2019, which is just not that long ago and this year to expect it to rise to a record 6 appoint 1 million people. So nearly 2 million people have been dragged into higher income tax brackets since last election as we also see inflation rising. And Lyanna strike at BT as well, another strike. Another strike, we've heard about strikes haven't we a lot of late, but tens of thousands of BT workers are to walk out in a national strike. Now, this is for the first time since being privatized under Margaret Thatcher we have been talking about Richard Nixon when it comes to the markets today. And this is all following a row over pay. Some 30,000 workers are open reaching 9000 call center staff have voted to strike against what they described as an unjust and unsustainable wage deal. There have been offered a 5% rise, but they do argue that they want an 8% rise, so they will be going on strike. And this could affect 9 9 9 calls, but we don't know exactly how and if that will happen. And then just one other thing, if you have a lottery ticket, I really want you to check it because where have you been reading about the last early on? Yes, yes. I never played the lottery boys talk about the lottery anyway. The national lottery is still waiting for its winner of its 7 million pound jackpot to come forward. That is a lot of money. Yes. Gosh, wouldn't it add up? I'll be crying when I pay my taxes. It's understood the lucky ticket was bought in the wilver Hampton. So if you live in that area or you've been there, why don't you check your tickets? I mean, what would you do with 7 million? Would you come in to work on Monday, Stephen if you have that ticket? Where are we reading that story? About the national lottery? In every paper. Every paper, every single one of all of our hamsters, Wolverhampton locals. I wish I had the numbers, but Wolverhampton local press all over that. But I mean, you know, it's always fun to look at these things and it does really change people's lives in the long run. Certainly does, okay, Leanne garren is without her life-changing part of you. Thank you very much for that. This is Bloomberg. Markets, headlines and breaking news 24 hours a day at flew back dot com to Bloomberg business and math quick take. This is a Bloomberg business flash. From Bloomberg's European headquarters in London, I'm Anna Edwards with this Bloomberg business flash European equity markets, picking up on the first day of July, kind of with the same story they ended the June half year with. It was a negative period for risk assets and it continues to be so for stocks we are down on the stock 600 down 9 tenths of 1%. The FTSE down 6 tenths of a percent, the kakarot down 9 tenths as is the Dax this morning, so we see negativity across all cable listings. The FTSE down 6 tenths of a percent, the kakarot down 9 tenths as is the Dax this morning, so we see negativity across European stocks today. In terms of the sectors on the move, a big emphasis on technology and tech stocks are down by 2.6% today here in Europe, and a lot of this links back to Mike Kron, we got that latest guidance update from Mike Ron that detracted from any positives that were in their earnings release and sent that stock lower after hours and that has led to a weakness for European tech names infineon, ASM international, both of those names down by more than 4% in today's session, so ask European stocks U.S. futures also pointing lower than E minis and Dow futures and NASDAQ features down by just shy of 1%. This morning, the MSCI age Pacific actually down just shy of 1% as we head towards the end of the Asia trading session. Oil prices continue to be a little bit weaker and actually this has been a trend of the past few weeks, one O 8 is the handle on Brent we're down by three tenths of 1% so substantially weaker actually than it's been a week or so than it was a few weeks ago. The U.S. ten year year of now down below 3% so the trend in the first half of the year was selling stocks and selling bonds, but the Bond story turned around kind of mid June, and those yields have come down from three and a half percent to 2.96 is where they stand as we continue to focus now on recession concerns. The dollar a bit stronger in this risk off environment, the Euro down half a percent, one O four 36 pound, down 7 tenths of a percent to one 20, 97, that makes imported inflation little more of a challenge. That's the main bag business flash. Now here's Leon Guerrero's with more on what's going on around the world.
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"More companies can change the gender balance of their cap tables in one fell swoop All of that in a moment but first I want to get a look at the markets where tech stocks staged a comeback at ludlow here with the latest Ed finally some good news Yeah finally we still kind of this broad equity market rally tech at the heart of it retail the heart of it will touch on in just a moment You see the NASDAQ 100 up 2.8% biggest jump for that tech heavy index in a week It was interesting because I was going through the Bloomberg It's the first back to back gains we've seen two days of gains in the NASDAQ 100 In almost four weeks which kind of shows how things have been recently right very much in the red and you see that across the technology sector semiconductors up the mega caps also if there was an area of pressure or some selling across financial markets it was in altcoins Do you see ether on your screen There's green there because we're going into the next day's session but it's at around $1800 per token well below the 2000 level that technical analysts are looking for and cover means by Bloomberg terminal Let's call it right now Let's end it right here Because the NASDAQ 100 on a weekly basis is in the green It's Thursday Let's just call it because then that way we snap 7 straight weeks of declines It looks like we've turned a corner You can't hang your hat on one week but my goodness do we need some positivity Do we need some green We're up almost four percentage points So then that's that 100 so far this week Please Friday Don't ruin it I've had enough A big part of the story when you come back to me in the studio is earnings and video actually missing estimates particularly on the forecast but that stock up 5% the market sanguine Macy's incredible up 19% lots of confidence upgrading their profit outlook people still want to buy fancy stuff I love fancy stuff And how much do you think all the M and a we're seeing this big tech deal the number of deals we've seen in general is a signal that maybe we're turning a corner Well it's interesting because I joke about that chart but there is a feel good fact right A lot of activity I love M and a in the tech sector Twitter up 6 percentage points on Thursday tests are up almost 8% and the big story here of course is Musk adjusting the financing package for his bid to buy the company getting rid of the margin loan component and bringing in more equity financing Some bullishness that this deal might happen Of course the other big story is Broadcom VMware massive $61 billion deal Bloomberg scoop We were first to report that they were in talks We got official confirmation on Thursday What does this mean for the company What does this mean for this health the technology sector broadly It's a really interesting timing Indeed at ludlow thank you I want to stick with that Broadcom deal for VMware now and bring an angelino of CFR as well as our very own Lyanna baker Lyanna your team broke the news of the steel Here we are It officially being announced talk to us about the nuts and bolts the new things that we know now that maybe we didn't know earlier this week Sure so we saw the exact price of the deal although it does keep sort of fluctuating because it's 50% cash and 50% stock So it'll change day by day But we did see that it's about 61 billion which is a pretty big premium for VMware but maybe not as high as it would have been had it not been for this tech sell off Another interesting angle on the deal is that VMware can solicit other offers So we're going to be monitoring whether there's a bidding war and who else could emerge because they have 40 days to potentially find a new buyer Angelo are you thinking there could be a bidding war here Are there other suitors out there I mean sort of likely others that might pick up the phone and inquire about it but to be honest with you as far as the terms of this deal is concerned that the price here I think it's a very compelling offer out there for VMware investors And at the end of the day I do think the fuel kind of goes through via the hands of Broadcom Leanna what do we know about how Broadcom intends to run VMware Will it stay independent Which of Broadcom services will they emphasize which might be de emphasized So I interviewed the Broadcom executive Tom Krause today who helped engineer the deal and he mentioned that they're going to rename the whole software division of Broadcom VMware So I think VMware almost is sort of going to run the rest of Broadcom's software So we'll have to see but it may take a year for the deal to close So we won't see anything just yet but Broadcom does like to keep its franchises intact I'm sure they'll try to raise margins but I would expect that not a lot will change once the deal closes So Angelo how competitive do you think a software portfolio within Broadcom under this VMware umbrella will actually be I think haack has done an absolutely fantastic job here kind of transitioning the company around into one that's also heavily stocked by driven And I think this really is going to kind of be that crown to roll for their software business It really doubles the size of that business right So it gets into the early half of their revenue base there Was the run rate was about 25% of sales So at the end of the day I think this definitely kind of significantly improves the growth profile of that software business which is extremely important This was a business that was kind of growing very low single digit pace And you kind of look at some of the assets they've acquired a lot of a lot of those inquired assets was a really kind of just from a free cash flow potential Jim could improve the cash flow generation of that company What VMware does here is it really kind of catapults at least the growth potential within that software and business towards one that's more kind of mid single digit range So definitely more compelling I think long term for that software business within Broadcom Leanna we were looking at a chart of the big tech deals that have been done in the last few months going all the way back to Microsoft and Activision are you expecting more big deals this year Are we moving into an environment given what we're seeing in the markets given valuations coming down given potentially companies looking for a safe exit are we moving into a time of big time M and a Well the tech bankers I talked to would love to say sure there's going to be a big deals and deals beget more deals but you have to understand that Broadcom is a very unique animal They've been searching for a big elephant acquisition for years They hadn't done one since 2019 So that's a company that really likes doing deals and I wouldn't necessarily say that Broadcom's competitors are suddenly going to follow suit but it is interesting that the tech sector has been one of the bright spots of the M and a market which is down year over year So software companies especially are very resilient I'd expect we're going to see probably some more big deals this year which will keep me busy Well Broadcom did want to buy Qualcomm a few years back It didn't happen under the Trump administration Angelo are you expecting any regulatory pushback here I mean listen I think as far as Disney is concerned the stuff we're going to get looked at I mean I definitely if you want to kind of ask me actually there's very little overlap between Broadcom and VMware.
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"Hour we'll get trading underway in Tokyo Sydney and Seoul You're looking at a rally in the regular session for U.S. equities a much weaker dollar in spite of the fact that yields across the entire US Treasury curve moved up in the last session We'll take a closer look when Brian Curtis joins us right now a few of the sours top business stories The International Monetary Fund does not anticipate a global recession even if the risk is high enough This is according to IMF chief at crystalline georgieva She was speaking at the World Economic Forum in Davos that said George said some countries are more vulnerable We are looking into the 2022 as a difficult year for especially developing countries under a high level of debt When you're cost of servicing your debt jump up and you are in a very tight fiscal position of course this is the time when the IMF has to step up and we will do Acknowledge that the IMF is projecting weaker growth for the world that it had anticipated last year and said there is a risk of further downgrades Still she pointed out that the funds at 3.6% forecast for 2022 matched the average in the previous decade We were talking about 24 hours ago about a story where Broadcom could announce an agreement to acquire VMware and we are hearing now this deal could be announced as soon as this week VMware is a cloud computing company today it shares rallied nearly 25% If this deal were to go through it would allow Broadcom to extend its push into the software industry Michael Dell the founder of CEO of Dell has a lot of exposure to VMware Bloomberg's Lyanna baker tells us Dell has his hands all over this He's the biggest shareholder in VMware and it's not the first deal he's done with the company VMware has done a ton of deals over the years Michael Dell's stake in the company is about 16 billion and if Broadcom was to pay a premium he would pocket even more money to finally kind of get rid of this steak that he's owned since 2016 when Dell first body MC Now currently VMware has a market cap of around $50 billion We are told that financing for the transaction is in place and is likely to be mostly in the form of stock That said these conversations are ongoing and there is still no guarantee of a deal Samsung is considering additional investment now Austin Texas we're told the Korean tech giant is seeking tax breaks from two exurban school districts manner and Taylor Samsung has called special meetings for board members to decide whether to move forward with its application for property tax breaks The meeting suggests Samsung is on the hunt for additional locations in the Austin area to expand and this comes just 6 months after the company announced plans to build a multi-billion dollar plant in the region Several other semiconductor supplies and manufacturers have been putting out feelers with Austin area school districts for potential tax breaks While China will offer more than $21 billion in additional tax relief this comes as the country is seeking to offset the heavy toll of the COVID lockdowns on the Chinese economy The measures are mainly aimed at businesses China national radio reporting They include additional tax rebates to companies and on car purchases Now the additional tax cuts represent about one tenth of 1% of China's overall GDP together the government's total planned tax reduction reached nearly $400 billion this year That is slightly more than the relief Beijing offered back in 2020 when the country was first hit by the pandemic Well we have markets opening in Sydney Tokyo and Seoul at the top of the hour for a closer look at what to expect Let's get over to Brian Curtis Brian Well it's a day that has a lot of crosscurrents in it Paul we mentioned how positive things were during the regular session President Biden is concerned about high cost of goods in the United States And so he talked about reconsidering China tariffs that were imposed by the Trump administration That led to many rally on Wall Street And then you also had JPMorgan CEO Jamie Dimon saying that storm clouds over the U.S. economy may dissipate And that furthered the rally along So you had gains of the S&P 500 getting up towards 2% the Dow Jones Industrial Average did rally 2% in the banks like city and JPMorgan were up 6% But then snap warned it would miss second quarter profit and revenue forecasts After the bill snap was down 30% it soured NASDAQ 100 futures They're down 1.3% And Facebook parent meta platforms falling more than 7% So you go from bullish to bearish and I'm afraid I got to take you back to bullish now On the other hand consider this company insiders have set recession fears aside and are binging on their own stocks And more than 1100 corporate executives and officers have snapped up shares of their own firms in the month of May poised to exceed the number of sellers for the first month since March of 2020 the buoyancy is at odds with the souring mood from Wall Street and from industries The Bloomberg dollar spot index fell three two thirds of 1% in the regular session stabilizing in Asia yield on the tenure 2.85% The two year two 62 WTI crude one O 9 45 a barrel Paul back to you All right thanks very much Brian 35 minutes past the hour now time for a check of global news And the Biden administration trying to clarify the president stands on potential military.
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"You so much All right this is gonna be a tale of where reporting out this story is probably even more interesting than the story itself Excuse me everyone It's a market moving story It's totally market moving story Intrigued behind the scenes is pretty good too So should we get to it Yeah leanna baker is deals team leader for Bloomberg news She's with us in the Bloomberg interactive broker studio Lyanna and her colleague for busy yesterday breaking the news that Broadcom is said to be in talks to buy VMware We do see Broadcom lower VMware surging on this story Good to have you with us Can you take us through your weekend and just what happened when this news broke because you broke this story yesterday Sure So on our team we usually have someone on the weekend shift but I took off this weekend because it was my bridal shower Congratulations Thank you Congratulations So thought the coast was clear but I had my phone in my hand to take some photos I was with my future mother in law and the call came in that the deal was in the works So luckily I cleaned up quickly sent people on their way luckily things were dying down by then And we started working the phones and luckily around 7 o'clock We did break the store the Broadcom was and talks about VMware All right I'll shower to remember All right above and beyond Bloomberg is you like a couple of wedding presents Right there and that Maybe a cop day too Yeah or maybe like a pay for the honeymoon or something Unbelievable All right so just kidding just kidding Well maybe not Let's get to the story because this is massive And what I like about these stories at a middle of this market volatility companies are talking about or possibly doing mega deals So one thing that it does seem counterintuitive why is big strategic M and a happening right now especially in the tech sell off But if you look at Broadcom and VMware stock say fallen in tandem So as long as you are trading in the same direction as the partner in your deal you could still do a deal If they're trading in different directions that would then be problematic But we are going to see deals like this as things slow down It's not a distressed deal though It's not like the type of deal that we'd see in a bear market or a downturn where we see some high flying stocks having fallen 70 80 90% Like private equity coming in and swooping up some of those companies It's totally different than that Totally Broadcom under CO hawk tan they've been on the lookout for big acquisitions They wanted to do something to really move the needle and software They've done deals before you know 10 billion 20 billion but now at over 40 billion this would be its largest to date in software So just very deal hungry VMware has been doing deals also for years since Dell bot EMC back in 2016 EMC had controlled VMware and Michael Dell the billionaire is the top shareholder in VMware So he's had his hands in this deal for a long time and he's made a lot of money out of the hem were already but this will be sort of the final chapter should they end up selling Leigh Anne I know you're the deals person on here So looking at it from that perspective But a transaction this has been a pretty inquisitive company Strategically are people saying this makes sense Sure So Broadcom does a lot of financial engineering and they're almost like a publicly traded tech private equity firm for all the deals they've done But we are hearing that there are synergies here and some of Broadcom's customers could benefit from being upsold infrastructure software from VMware So it's very complicated and kind of the guts of what runs the Internet is what these cloud companies are doing But yeah we're hearing that there are some cost cuts and synergies that could happen here Just the latest from you and Ed Hammond crossing just about a half hour ago The deal is said to come as soon as this week What's the latest there Sure So when we reported it yesterday we didn't know what stage they were in but now we could safely report that the deal could come as early as this week There are some earnings that are planned so we're keeping an eye on it Although no deal is ever done until it's announced even then as you can see with Elon Musk and Twitter even if you announce a deal it's not a dumb deal until it closes So we'll be keeping an eye on it to see what happens Is there a chance that somebody else comes in So VMware has been publicly traded for a while and different companies could definitely swoop in I wouldn't be surprised if they're looking at it right now Always on the cusp of a sale to someone else You get that final look So we'll be chasing it as of now nothing to report What does the landscape look like right now We've been talking a lot about well uncertainty and unease with the public markets and the economy and typically during that time you'd probably see a decline in deal activity What are you hearing from your sources So we are seeing that general M and a activity is down 30% compared to last year but last year was a blockbuster year so that doesn't mean M and a is dead if you're down 30% Tech deal making has been a bright spot like you see with this deal today and also private equity firms are licking their chops They're looking at every software company under like 10 billion and thinking I'm.
Game Theory Podcast
"lyanna" Discussed on Game Theory Podcast
"Yes, I saw that. L 46 report, the end of this game. And I was like, yep, sounds right. Where are you at on this Boston Milwaukee series is we kind of move into the critical games here. I really called my shot going into this series and I said Boston in 5 and it was just complete disrespect to Milwaukee and Lyanna Santa Takuma, but I just felt for so long pretty much since January that the Celtics just have a look in their eye that isn't really rivaled by many teams and I just love the job email did and how everybody was bought in. I love the roster. I love everything. I love the way Tatum and brown are playing. I say all that to say this, if I'm bossed it, I'm not like too upset about where this is based on kind of how bad Tatum is played. It took a 42 point performance in the ten point Tatum performance for the bucks to win by three. And so of course, that feels like a game that got away in the playoffs. You can't have games get away, but I feel like Boston's done as good of a job as they could do minus kind of Tatum just not really looking like himself as of late, but it's a hard fought series. I mean, E may more than bud schematically has been interesting and different. I love the way that they guarded Yanis early. Essentially just letting them kind of single cover them, let them roam, force him as the screener to make a decision. And then there's the, oh, I want to shout out brook Lopez too. He's looked interesting. Yeah, from Brooks who have been out for, I mean, God, how many games do Brooklyn play this year? Couldn't have been more than ten. Yeah, I was gonna say, yeah, it might be generous. Play 13. Yeah. You know, and he looked good when he came back, right? Like he looked like he had sat out the season and waited for full health because that's the luxury they had being the NBA champion having as much talent as they have is that they can afford to wait on stuff like this. And for him to come back and be full health does really just change their defense. Now, it essentially makes Boston a jump shooting reliant team. And while I think they can do that because they've Jason Tatum and they have jaylen Brown and they have Marcus smart can be a hot cold guy in terms of knocking down shots. They have Derek white, who I thought was actually really good in game three. Yeah, I think that it just creates real variants for them. And if Brooke is back like this, and if they get Middleton back at some point like in game 7, I know that Shawn said that it looks likely he's going to miss the whole series. So let's take that at their word for now, but if something crazy happens just because this series is so long with the layoffs that both of these teams have had throughout the series and they do get Middleton back a little bit early, I think Milwaukee is the favorite right now to win the title..
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"A lot of the reporting over the weekend about the companies that were helping finance it and what ended up happening So to get play by play crucial to get it across So we're really grateful to be joined by a couple of great voices on this Kurt what's the next thing we need to keep an eye on in terms of your reporting moving it forward What are you looking at What do we need to be watching What is our audience need to be watching Sure I mean the immediate thing is there's going to be an all hands meeting internally for Twitter employees today at 2 o'clock Pacific time So that's in about an hour and a half So I'll be doing my best to kind of report about what management tells employees My guess is they're not going to have a lot of answers this early But there will be a lot of certainly a lot of questions But I think moving forward I think you look at things like once Twitter does go private Are there going to be layoffs Are there going to be parts of the business or parts of the company that are just totally cut off right And I think that's only natural when you're no longer a publicly traded company There's just parts of your employee base that you don't need And I'm sure there's going to be a lot of anxiety around that I mean you should see what folks who work on policy Right Do because Elon has talked a lot about free speech and kind of maybe opening up Twitter Removing some of those policies are certainly relaxing Some of them And so if you're someone who works there because you believe in those policies do you stay right Like do you feel like you're even needed at a place like that So there's going to be a lot of change Real quickly just 30 seconds 20 seconds Because this is going to be a private entity and obviously Tesla's public a public company can there be synergies between the two companies or no these are going to be separately run I think it's too soon to say I mean it's weird to think of Twitter the social network and Tesla the car company having a lot of synergies right now but there's a lot of possibilities in the future I'll just say it's a little too early to say Any Elon Musk definitely does things his own way You guys are the best Bloomberg news technology reporter Kurt Wagner on the phone from Sam Francisco and Lyanna baker deals team leader at Bloomberg news here in our interactive brokers studio really covering all the different facets of Elon Musk buying Twitter and taking it private And a really grateful to have both of you with us this afternoon Thank you so much for taking the time Let's get back to the markets because we are less than half hour away from the close Here's Charlie pellet Hi thank you very much Tim 29 minutes to go precisely the Dow the S&P NASDAQ best level of the day We'll give you the numbers in just a moment Let's recap reset Twitter obviously the big business story of the day Twitter shares surging now by 6 and a half percent Twitter now at 52 O 9 Billionaire entrepreneur Elon Musk making it official agreeing to buy Twitter for $44 billion using one of the biggest leverage buyout deals in history to take private a 16 year old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech Our coverage will continue Twitter shares up now by 6 and a half percent The U.S. stock market higher across the board worth pointing out that at one point the Dow was down 488 points The Dow is up now by 181 points a gain of 6 tenths of 1% The S&P reversing earlier losses up 14 right now higher by three tenths of 1% NASDAQ now rallying a 118 up by 9 tenths of 1% of one point NASDAQ was down 116 points Ten year yield 2.80% spot.
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"Was a good long decade or more so ago in a small room with Thomas schelling the giant of thinking about war the Nobel laureate where he sat and I sat mesmerized his professor shelling spoke about how you and wars Michael kimmage and Lyanna fix have taken this to a new wonderful extreme in foreign affairs magazine Leona fixes with the core bell foundation in Berlin We're honored that she could join us this morning Leon I love how you frame if Russia wins if Russia loses professor schelling would suggest the only way to end a war is exhaustion Do we need an exhausted Putin What we certainly need is we need a sustainable peace and not a provisional peace and despite the optimistic news of today this will be the main challenge for Ukraine moving ahead and negotiation So basically how to prevent that any negotiated agreement right now with Russia will only leave Ukraine weaker especially military terms and could encourage Russia to come back in a couple of months or couple of years to finish the business they've started And that's the crucial crucial point how to prevent an unjust peace And prevent also a continuation of a very cool war that we've seen so far If Russia wins or Russia loses is the equal outcome of partition of Ukraine I think the challenge now is that we don't see this clear cut options anymore So Russia is too weak to win But at the same time they are too strong to lose And that makes the situation right now so difficult to navigate And the Ukrainians have put up a formidable resistance as we've seen the last weeks But again they are also too weak to finally make Russia with war from all parts of Ukraine So the question of territorial concessions that you just waste will be a crucial one in negotiations and for president zelensky who has been able to gather Ukrainians behind his brave and courageous stance he has a little boom for compromise there because there's no appetite whatsoever to give up on Crimea on other parts of Ukraine but also from the Russian side they will want to leave negotiations with success is that they can sell at home and the minimum success from a Russian perspective would be to have liberated the Donbass in eastern Ukraine Lyanna so we can understand the points of leverage here and what exactly brought both sides to the table at the place where they are now Was it the sanctions or was it really the resistance that has brought Vladimir Putin to a more compromising stance Absolutely both of it And I want to end the line without Ukrainian Ukraine's resistance We would not have seen this incredible sanctions package also because there was such an international outcry in the European public in the U.S. public So what helps you claim is to strengthen its negotiation position by weakening Russia's position and putting further pressure on Russia to not put out maximalist positions in negotiations with Ukraine but to be open for compromises So this is the moment where we have to keep our pressure on Russia and only if you claim asks us to lose some of the pressure to think about sanctions then we can consider these options our main aim should be how can we help Ukraine to negotiate a sustainable peace And that should be the goal of all western policy at the moment Liana then it goes to this question of what the west's response should be in order to get Vladimir Putin to continue negotiating and to continue to make good How much will there be discussions about loosening some of the sanctions in response to a certain period of ceasefire Is that feasible or does that seem wrong considering the fact that we're still talking about war crimes This is a discussion that we might have at some point but this is certainly not the discussion that we should have right now We've seen in the past that Russian words have always very often not been followed up by Russian deeds So until we really see some incredible Russian deeds some credible with walls some signals that Russia is seriously willing to make concessions and to negotiate We should not waste the issue of sanctions yet only if we see that there's a credible path ahead and Ukraine asks us to do so then we should again put our efforts into the service of Ukraine even if this might be a tough decision to make as a broad as strategic goal is certainly to weaken Russia in general to prevent that Russia has further ambitions towards European security But at the moment it really is about keeping up the pressure to help Ukraine Leona fix we started with Thomas schelling and of course he defined our study of deterrence and nuclear threat Is Putin a nuclear threat He is certainly willing to use nuclear coercion as an instrument He has a lot many more conventional means at his disposal before he would actually consider the nuclear option We've learned from the past that we should never say never when it comes to Putin and to Russia But again this is.
Bloomberg Radio New York
"lyanna" Discussed on Bloomberg Radio New York
"Asia Pacific Many of them are closed for the lunar new year holiday We did have Chinese stocks trading in the United States and the NASDAQ golden dragon index was up 1.3% And Hank sing index futures had a big balance up 1.9% But again that market will not trade today We'll get two markets with Paul Allen in a moment but for now the top stories Well earnings a big big deal this week And of course this afternoon this morning let's take a look at Advanced Micro Devices jumping as much as 10% in late trading after the company reported a surprisingly strong forecast for the current quarter AMD sees revenue in the first quarter to reach about $5 billion and that's nearly 700 million more than analysts estimated The company said the strong forecast is fueled by gains in market share and demand for server ships AMD's fourth quarter results also topped Wall Street projections We are hearing that Blackstone and Carlisle are in talks about potentially teaming up for a joint bit of Sandoz That's the generics unit of the Swiss drug maker Novartis Sources saying that the deal could be valued at about $25 billion Bloomberg's Lyanna baker tells us more It could be one of the biggest leverage biots of all time That said it's not a done deal Blackstone and Carlisle are making a joint bid for these generic assets or Sandoz but there's plenty of competition almost every global PE firm is very interested This is a portfolio of generic assets that Novartis has been looking to get rid of We're told other firms also separately weighing up bids for the business those include advent helmet and freed men and KKR Novartis stock traded up 1.2% An invesco boosting its headcount in China apparently that is after the investment manager hit its target two years earlier than expected Bloomberg's Charlie pellet has more In Vasco is seeking to secure further growth in the nation's expanding mutual fund market Assets under management for Chinese clients jump more than 40% last year to $112 billion as of December 31st exceeding the $100 billion mark that the Atlanta based company expected to reach by the end of 2023 Andrew lo head of Asia Pacific says in vesco plans to hire a few dozen staff across functions including investment teams this year for its joint venture mutual fund business which contributed the most assets In New York Charlie pellet Bloomberg daybreak Asia Well it is now time 33 minutes past the hour to get over to Paul Allen looking to market What we heard Kathleen say that AMD was up 10% in after hours trading Paul and Google or alphabet was up 8.9% So it's pretty heavy out there Yeah very big after hours rise for alphabet And a good set of earnings to sales are topping estimates and news of also a 20 to one stock split alphabet's price 2500 2757 A bit eye watering for some of the smaller investors So that stock split and tended to make things that give the appearance of being a little more affordable at least but yeah the market warmly welcoming those numbers alphabet up 8.9% right now Seeing a bit of a rise for Ford after hours as well better by 2% for announcing it's going to spend another $20 billion on getting reorganized for electric vehicles That's on top of the $30 billion commitment that it's already made but investors warmly welcoming that news as well Positive day all around though for U.S. equities all the major indexes higher that's the third straight day of gains and it's a feeding into a positive session here in the Asia Pacific as well New Zealand better by 1.3% right now Here in Australia by 8 tenths of 1% it was materials that weighed on the safety yesterday but they're off to the races to their material sector and energy The two best performing on the ASX at the moment we've got Nikki futures pointing to a brighter open when we get going as well But of course a whole heap of markets are closed today for the lunar new year holiday those are China Hong Kong Taiwan Singapore Malaysia Vietnam and probably forgetting some but you get the idea A lot of markets are going to be closed today Let's take a quick look at what's going on with the oil price OPEC plus meeting 88 37 for West Texas at the moment as apply increase expected to be basically rubber stamped at that meeting We have the Aussie dollar the best performing G ten currency at the moment 71 35 against the greenback And that sank a little yesterday but has recovered all of those losses and then some after a very dovish statement from the Abbey We'll hear a little bit more from the governor feel low in a couple of hours time Kathleen All right thank you so much Paul I think it's time for global news.
The Financial Guys
"lyanna" Discussed on The Financial Guys
"This will be all about socializing. Remember that? Can we blasting the wizard of smart Maxine waters was blasting the CEO of Shell oil and a couple other CEOs oil companies. This liberal will be all about social basically the government taking over your companies. So this is the same moment for Doctor Fauci right here. But grant, we had a collaboration with some Chinese Chinese scientists. That is that, therefore, we were involved in creating the virus, which is the most ridiculous suggesting leap I've ever. Oh, we were working with the challenge no way. Look at this. Unbelievable. This one is, this is even better, Mike. This is what you and I have been saying now about this whole thing from day one. I got to find it here. You get this here. No, that's not it. No, no, no, no, no. Come on now. I should have had to set the handy. Don't say, man, I just, so much stuff I grab here and just post and come on. It was right at the top before. Here it is. Nope, that's not it either. Damn it. Well, this is a good one. I'll get back to that in a second. This is something else we've been saying since day one. So this is communist doctor liano Wen, who is the favorite of CNN, doctor Wen, who loves her Chinese Communist Party propaganda. And methodology, she spoke to her, we would nail people into their houses and but again, they let the stuff slip this week. Here is communist party doctor Lyanna Wendy. Cloth masks are not appropriate for this pandemic. It's not appropriate for omicron. It was a Delta alpha or any of the previous variants either because we're dealing with something that's airborne. No, kidding. Wow. Wow, would you look at that? How do you control people? Would you look at that, right? That's pretty obvious. But this is amazing. I mean, this is really cool. And what's amazing. What's amazing is the rest of the morons on the panel there. But the thing is, I know somebody honest to God, she has like doctorate masters for smart person, right? She goes, wow, make sure you get an N95 mask because cloth masks don't work with this variant. Doctor kami here. It doesn't work with any variant now. So which is it? I mean, we're going to go back to two mass pretty soon. I mean, it's unreal. Just unreal. All right, I got to find some of the clip of doctor doctor fraud. Come on. I know it's not that far back so it must be the best. It's amazing as they all know it too. They all know that I had a relative we were at a church, it was my grandmother's funeral, and uncle, who was convinced that you have to wear a mask after a mask, they're doing the inside. So these coughing. I'm like, what's going on? No, there's no way you know. And that's just so you know the COVID drivers is one 16th the size of that smoke. So you can smell the smoke, probably. Not doing anything to stop. The lower the symptoms. No, I'm just kidding. All right, here it is. That's right. That's right. I love that one. But I got it. But if I had not had the mascot, I would have got a lot of this, right?.
No Agenda
"lyanna" Discussed on No Agenda
"It in our CNBC. I think she's been paid by CNN. I don't know. But she's also on NPR. And of course, the colon colon Powell issue came up. And there were some weirdness going on between the NPR hosts and her. Just a few seconds here, but we got the news today that former Secretary of State Colin Powell died of COVID-19, even though he was vaccinated. He had this so called breakthrough infection. Probably because he was vulnerable he was treating cancer. Your thought. It's really important to mention that secretary Powell was 84 years old, had multiple myeloma, this blood cancer. And therefore was in the highest risk category. It sounds familiar. Of individuals who are both medical. It's almost like somebody sent out a script. Can I mention something else? Since we're on this I still want to finish this clip, though, so no, I want that to hear that clip because she sounds like she's just going to tell us everything we need to know. Do you remember at the early days of the vaccine like within the first couple of weeks when the Swedes went to the home up there and it killed off like 80% of the people that lived in the old folks home? Yeah. And everybody says, well, this is to be expected. You shouldn't be giving the vaccine to anyone over 80. Yes. We have clips of this. Yes, yes. Do not give the vaccine to anyone over 80. You will kill them. And then they killed most of the people is old folks home and everyone went well, what are you going to do? It's a blessing learned. Lesson learned, listen and learn. For me, while debt hole lesson seems to have been unlearned. Well, it seems like we're just happy. Look, all I know is that during COVID, I knew plenty of people in New York who were getting sick or people who knew people who were getting sick. But not really as horrible as the news media portrayed it. But now with vaccine issues, people getting stuff in a timeline after vaccination, I know a lot of people and miscarriages. There's stuff going on. It's like there's this big, slow motion thing taking place, and from time to time, you're probably taking 80 people. Pop, take out some more. Maybe we're just not seeing the broader overview of how many people are actually being killed. I hate to sound like ghoulish. We're not seeing it because no one's going to be reporting that until the book is written ten years from now. It will be that Bernstein Woodward, will he do it? Who's going to get the contract? Some real research is going to actually have to do it. All right, let's go back to Lyanna Wen because we need to know your thoughts. Honorable he was treating cancer. Your thoughts. It's really important to mention that secretary Powell was 84 years old, had multiple myeloma, this blood cancer, and therefore was in the highest risk category of individuals who are both medically frail and category of people who the vaccine just may not induce as much of an immune response in these individuals. What category is that? We've never heard of a category that we're just doesn't work. It's a 100% effective. I mean response in these individuals. And so this is the reason why we really need to get everybody to have immunity because ultimately that's what's going to protect all of us. This does not illustrate that vaccines are not working, but rather that we all need to protect wait for it. This does not illustrate vaccines are not working. What's wrong with you? Not working, but rather that we all need to be protected. Yes, the vaccines protect you the individual, but there are going to be some individuals for particularly vulnerable and it's up to all of us to protect them. Sorry. Is this that Chinese woman? Yes, she's the oldest talking Chinese doctor. And she does it. I don't trust it where she says ever. And she has a lot of at the end. Yeah, she's a nonstop chatterbox. Roll it back for the kicker. We all need to be protected. Yes, the vaccines protect you the individual, but there are going to be some individuals for particularly vulnerable and it's up to all of us to protect them. Get a shot in honor of Colin Powell. Get a shot. In honor of Colin Powell, who died because take a shot? Yeah. No, she just get a shot in. Get a shot in her shot. What? Yes, listen. The shot killed him. Exactly. Protect them. Get a shot in honor of Colin Powell. Yeah. See if you can join him. Was that the NPR woman? Yes, none of the NPR woman, which makes it even creepier. I was really creepy in this report. Instead of pour one out for Colin Powell, now get a shot for Colin Powell. Now, the person who is the weirdest out there is former CDC director Robert Redfield. You know, it's like that guy quit and immediately went rogue if you recall. Yes, this guy. I don't understand. Why is he alive? How does he still get air time? I don't know, he's probably stays on the move. He's on the lamb on the move. Listen to his little stat. A lot of times people feel it's a rare event that fully vaccinated people may die. I happen to be the senior adviser to governor Hogan in the state of Maryland. In the last 6 to 8 weeks, more than 40% of the people that died in Maryland were fully vaccinated. Rare, rare breakthrough cases. Except for the 40% who died, and that's probably a low number compared to some other places we've heard was over half. It's crazy. Everywhere you look, they don't want to report on this. They don't want to be honest. They just because let's stop for a second or just remind ourselves that the pharmaceutical company big pharma owns the news media. Especially the TV broadcasters. There is a fabulous supercut that has been doing the rounds, which I shall play for you that illustrates exactly how much big pharma owns the media. It was brought to you by Pfizer. CBS healthwatch sponsored by Pfizer Anderson Cooper 360. Brought to you by Pfizer. ABC News nightline brought to you by Pfizer making a difference brought to you by Pfizer. CNN tonight brought to you by Pfizer. Early start, brought to you by Pfizer, Friday night on Aaron Burnett out front. Brought to you by Pfizer. This week with Georgetown Annapolis is brought to you by Pfizer. This letter report brought to you by Pfizer. Today's countdown to the royal wedding is brought to you by Pfizer. And.