3 Burst results for "Mike Mccollum"

"mike mccollum" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:42 min | 7 months ago

"mike mccollum" Discussed on Bloomberg Radio New York

"And let's set the business week agenda on this busy Tuesday Michael clone is senior commodity strategist at Bloomberg intelligence on the phone from the international technology summit in Bermuda Gina Martin Adams chief equity strategist at Bloomberg intelligence on the phone from New Jersey lots to get to including the commodity trade that nickel trade but Gina I gotta start with you because can't count on a lot when it comes to the equity trade but you can count on volatility Yeah I think this is the year of volatility to say the least especially considering the rough start that you and Tim we're speaking to And sadly I'm not sure that's going to go away anytime soon Given the ongoing risk emanating out of Ukraine Russia war as well as very very high commodity costs which are now starting to create some risks to the longer term growth outlook The longer this goes on the more we have to really question our second half bounce back series Can I ask you okay that's what I wanted to know because I think it's very easy for some to say hey if we get a resolution soon we can kind of disregard this in terms of market economic impact Certainly not the individual and people impact not at all But I do wonder how you gauge it How long does it go on that We start to say okay we've really got to reassess our models and our forecasts Yeah I think that's a great question And frankly we're still in the process of trying to figure out some different scenarios for the meaning of this spike and commodity prices for the broader index I do think the one thing that you can take some solace in is at least so far Analysts are not reducing the revenue expectations for S&P 500 companies And I think that that's the key trigger to watch is it's very unlikely that this is impact going to impact first quarter earnings season But will it impact second and third quarter earnings forecast via the revenue lines is a huge question because what we've seen over the course of this year is revenue estimates are still going higher Earnings estimates are going lower So the predominant impact of this crisis is still viewed as an inflationary impact that creates a lot of margin tension but does not create a downdraft in growth And I think we're all on guard for that down graft We haven't seen it in the numbers yet Right Will we start to see it in the numbers in the second and third quarter is a big question I think it needs to go on for at least a month Before we start to see it in the second and third quarter numbers because frankly growth is just that strong the consumers in just that greatest shape and the financial sector is very liquid and well positioned in comparison to past crisis periods Hey Michael mcclone come on in here I want to talk a lot about commodities with you and certainly get to oil But first I want to talk nickel because the London metal exchange suspended trading in its nickel market after an unprecedented price spike left broker struggling to pay margin calls against unprofitable short positions What's going on here Nichols is not something we talk about a lot Yes I appreciate that Tim and I certainly appreciate my colleague Jean is comments because you need to get a little bearish and equity Thank you Me too Agreed The key thing about Nicholas it was a major short squeeze out of a supplier at a China It's already been alleviated maybe up to a hundred that 100,000 now it's already down to 48 So the key thing about that is that's usually a sign of distress on a genus that is not in a data but I'm counting from commodities You will see distress in markets and a key place you're seeing and it's not only to spike in crude oil It's almost like guarantee that's going to shut off consumer spanning spending and really hurt consumer Senate but you're seeing in the copper gold ratio I think the most significant statement out of today is gold is broken above $2000 an ounce At the same time the cocker copper is going down That's a good indication that we are heading towards recession And if that continues which I expect then it'll trickle down to all assets All right so I'm just thinking you're sitting at the bar tonight and Bermuda lucky you first of all But I'm just thinking somebody kind of comes next to you and says hey Mike what's the deal with nickel What is it that we need to understand about that Even if we don't talk about it a lot it's hard not to sit up and take notice I like to look at it What does this mean It was a short squeeze and it usually indicative of a tight Mark What is the typical outcome from things like this It's crushes the man in commodities When you have spikes like this now obviously it hurts some people who are in those positions and you're seeing that in all commodities When they spike this fast they are their own worst enemies They create massive demand destruction So I expect that in crude oil I expect that in nickel and maybe not as much in the grains because you got to eat Right Certainly in corn and soybeans and the number one is kudos So I'll just leave you with this The price on the screen you've seen crude oil about a $130 a barrel It's almost as famous as that peak of 40 and 1990 and that peak of 145 in 2008 on a relative basis versus a 60 month average So prices are that extended Yeah it's funny I was seeing somebody reading in this morning about somebody saying that if you want to really think about the spike it needs to go up but I think something like one 70 because of inflation in terms of compared to other peaks we've seen in the past Very fast fed meeting next week What is it that the fed could say that might make you start to rethink about that second half I know what you said about it It has to go on for another month But what could the fed say in Jay Powell just very quickly Oh gosh Sorry Careful Sorry I think that what the fed needs to do is give us some very significant very strong clarity on the balance sheet and probably walk back some of the second half sort of chatter in the market The fed needs to make sure that the market understands that they're very data dependent they are concerned about growth risks and they're not likely to allow runoff of the balance sheet in my opinion because that is something the market certainly fears You guys are incredible Gina Martin Adams chief equity strategist at Bloomberg intelligence Mike McCollum senior commodity strategist at Bloomberg intelligence All right we're going to do an update on world of national news Nancy Lyon standing by in our Washington D.C..

Bloomberg intelligence Gina Martin Adams Michael clone Bermuda Michael mcclone Tim Gina Ukraine New Jersey Russia Nichols Nicholas S Jean London fed Senate China
"mike mccollum" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

02:37 min | 1 year ago

"mike mccollum" Discussed on Newsradio 700 WLW

"First State Bank built unbelief member F D I c equal housing lender Claret Just about 7 47 700. W Well w Brian comes in here working on the o'clock news, I guess more trying to get more people eligible for the vaccine that we do. As of today, anyone 65 over now eligible to get their covert 19 shop in the state of Ohio. Problem is that appointment start any easier to come by. We've only covered about 25% of the people 70 79. Now we move down so that thousands of more people are eligible, and they'll be competing with those Over 70 try and get some of those appointments. The good news is that this is probably where they're going to pause. The age restrictions? Sure, so we'll hold it this position for a while and give the state a chance to catch up on. The governor says That would be much easier if these new vaccines come online. So I'm sure he'll have much more to say about that during his briefings this week, But the bottom line is about 9%. People in Ohio currently have been vaccinated with the least one shot. Just 9% only 9% of all right. We need some more vaccines only coming up our news. Eight o'clock we'll talk snow not just tonight into tomorrow but then again Wednesday Possibly Thursday, leading up to zero degrees. Temperatures by the weekend Great winners here more date. NewsRadio seven of Ow, Ow! Welcome to the Tri Health Medical minute. Mike McCollum. I guess this time out is gonna be a doctor Regime case, Dr. Cases, a cardiologists, and she's with the Tri Health Heart Institute. February's probably heart month mean a picture Valentine's Day in a big heart. So we're talking about hearts as a cardiologists. I mean, we know what you do for a living. Different types of problems with people's heart. When I think heart problems, I think heart disease, heart attack. What is there beyond those? Not that they're not big enough? Yeah, So those air probably our most common things, And as you said, the things that everyone kind of thinks about personal, former first and foremost, but, um, heart attacks heart disease, including the blockages in the arteries and everything but other very common things can be issues with the valves. Whether there Narrowed are tight and not opening well or a week. A lot. Um people can have irregular heart rhythms. Second, cause them to have palpitations or feel lightheaded and dizzy or potentially even pass out So lot of those kind of things we see very frequently to mention people can learn more. Visiting. Try health dot com slash heart try health dot com slash heart. Rocky boy me here. I.

Tri Health Heart Institute Ohio First State Bank Tri Health Medical Brian Mike McCollum NewsRadio Dr. Cases
"mike mccollum" Discussed on Newsradio 700 WLW

Newsradio 700 WLW

06:05 min | 1 year ago

"mike mccollum" Discussed on Newsradio 700 WLW

"It was a bowling Green State University w F A. L W B G of the two stations. And, um, I from that point I'm like I'm a do this. And so I started, you know, spending all my time to the point where I spent so much time and at the radio station on campus almost got kicked out of school because of great. That was a clicker. Careful, careful balance, and then they'll long story short. I wind up getting a job, and Toledo was kind of like the dating of Cincinnati and want to Toledo worked in radio there while I was going to school full time. And came back into the morning show the college stations and did effort. Entirety of my career bowling green and been doing that ever since we reached that. That 200 miles away. Did you listen to this station while you were in radio in Toledo? What's weird about it? I'll tell you this will is interesting story is, you know you often hear about because when you go to school, as you know, going to Toledo and of course savior you meet people from other parts of the state. Other parts of the world are part of the country. And it seems like and you know this is true. There's a dividing line. There's a North South dividing line that runs probably through Columbus that there's a northern part of the state in the southern part of the state, and this is the southern part of state. I had no recollection. I didn't know about WLW Gary Burbank. Billy Cunningham at all, but people from Cincinnati would rave about it. And then when I was here doing I was a visit something like that. There's he signs up to just add Burbank. I said, That's a cool radio station. If you could just put a billboard up, but the guy's name on it like that's a big any commodity County news del. W. But up in in those days, it wasn't am Maura talk radio was like W. M. M s in Cleveland and Wi, OT and Toledo and all these big rock stations that was bailing the mind set up there and talk radio back then was just in its infancy. So Yeah, it wasn't until probably the nineties that I learned about all W the history and then eventually went up working here. Despite the fact you interviewed me and I turned you down. You remember that? Tell Jimmy about the interview that in the office had the good sense of running. This would have been 98. 99 2000. Yeah, right. And I was in charge. So here's Willy coming him. This is the best Christmas story ever and I, Tony Bender was our program director up there at the time. He was running between Cleveland between Cincinnati in Toledo because they fired a bunch of people up there that weren't working out. The station was terrible. He's like, Listen, you sound okay. Do that. I was doing the afternoon show there. He's like, we gotta get you down in Cincinnati. 55 care. See the filming for bed, Barry? Back in the day. Hey there anyways. What? What s so that There were any way Come down. They're looking to move Mike McCollum, what The time was doing What 10 A.m. to two tended to ridiculous. It began at 9 to 2. So they wanted to get mechanical parts. Why don't we bring you down for an audition? So I did a couple days and mid day? Uh, I vaguely remember that and I'm like, Oh, my God, I'm coming from Toledo. I've been in talk radio all of six months. And I'm coming getting called up to the big, big team. Now that To audition, so I come down. I remember you were the operations manager that when program drug and director and also did night I also did nights nine to midnight. And the first time I met Bill Cunningham. I came down. I tried here in Mount Adams. I'm trying to find it to Mount Adams. From Toledo can driving down after my show at 6 P.m.. It's like 11 o'clock at night. I'm driving in circles, and this is before you know Google maps and everything else. I can't find this place and in my mind, and I'm driving around, I drove her to get the hour and I feel I went through Eton Park. I went to North Where the hell am I? I'm asking people they don't know where the station is. No. Finally, finally come up Bill Cunningham and I was on time. And even though I left early, Billy Yeah. Why? What's happening at the home? Amazing steaks, if anything like well, and I, anyway, does something right? Right. I'm talking back anyway. So here's the story of Willie. So this this is wild later calls me down. In addition, I do. Mike Smith show everything's good there like I was like what you had to say it. Coming, Willie I've done at noon. He comes in after a couple days of doing this. I have a sit. Sit down on the couch up, man. Let's have a chat. I go in the office. I sit down on this couch. He goes. Tell me what you want to do in five years. If anything So I said, Well, I want to hold on a second segment. Simon, stay right there said Bad luck, man. He goes running down up smacked by smell by running down the hall. I'm like that's kind of weird on something's going up. All right. He comes back in 20 minutes later. Oh, so what were we talking about? Why not? What do you What do you see your role at this station? If any Give me an update. So I well, Mr Cunningham, I hold on a second. There's food. Do you want some food? There's a chilling I'm allowed a second and he goes running off like a mania. So I sit there for another 10 15 minutes. I'm thinking. I don't know what's going to. It's just got. So finally I'm get up to leave. Because I don't leave just yet. I gotta I gotta meeting but I want to catch up with you. I'm like, Well, give me a call. So I just leave him like this Is Kay calls me like a couple days later. Well, I've discussed it and we want to offer you the job like Willie. I'm good, Thanks for the offer. But no, you turned me down long pause and it sounded like I kicked this dog and I'll never forget the stand in my kitchen in Toledo. And he's telling me Well, you could just tell Billy is a man who has never been turned down by una No. I said, Yeah, I'm good. I'm not. I'm not coming down now my mind, I'm going. There's no way I'm like. I'm working for this lunatic. I thought I was getting ah, punked because I thought there's a camera because there's no way any human being would conduct in it. There's no way the station could be that good. If he's in charge is what I'm thinking to myself. I said No, I'm staying in Toledo. Couple years later, Dil Parks you get fired. They bring Daryl Parks. I'm reassigned girl. Girls like he brings me in front of you. It's normal in my all right taking the job. That's the story of my first time. I met Billy cutting him and he hasn't changed. What did I offer you if anything, as far as the shift? I think he wanted, like, noon to two. Or do we need somebody do too and moving down noon to two. And I'm thinking, Plus, you're an idiot. I'm not working for this is the big one man that this is the Reds and the Bangles. No way. The greatest AM station in the country of Uprooting my family Well, In a candid quit her job, and I'm gonna move to Cincinnati Toe work for this moron. That's not going to. There's no way the station is going to be successful. It can't be successful with this guy film. It's impossible. It turns out I was right because they fired you a few weeks later. What happened is I go to Randy Michaels. And I said, Randy, I got this crazy idea. He said..

Toledo Cincinnati Bill Cunningham Willie I bowling Green State University Billy Cunningham Billy Cleveland Billy Yeah Gary Burbank Mount Adams Randy Michaels Eton Park Burbank Mike McCollum Tony Bender Columbus Willy