17 Burst results for "Mohammed Al Arian"

"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:21 min | 8 months ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"The FDA informed Fizer that they do intend to proceed towards an authorization for their vaccine. So in the next couple of days, probably as we work to negotiate with five of the information doctors need Describe it appropriately. We should be seeing the authorization of this first vaccine and will, as you just said, We will work with visor get that shipped out. And so we could be seeing people getting vaccinated Monday Tuesday of next week. Largely expected, but still absolutely brilliant. That was secretary eyes are speaking to ABC, the network earlier this morning from New York and London this morning. Good morning to you all along side, some keen. I'm Jonathan Farrow. Lisa Kravitz back with us. Monday, coming up in a round about 15 minutes time looking forward to catching up with Mohammed Al Arian Alley answers, Chief economic advisor and, of course, the president of Queens College, Cambridge Night, coming up very shortly. Tough sounds interesting infrastructure, Larry. I'm sure will address the drama that we see in Europe right now the drum in Washington, and it's really important to speak to an enemy. With Bloomberg. Somebody has to read the 35 page document put out by the FDA. I believe it was yesterday, maybe the day before, which goes into the parsing of what an advisory committee is doing. Get detailed with an adult. And and he joins us from Bloomberg News, Anna What does the media not capture of the tension or the distinctions? The advisory committee is struggling with Well, you know, the advisory committee ended up voting yesterday that the the FDA should go ahead and give an emergency authorization to slither and buy on text for their backseat Cove. It On Dat was a recommendation to the FDA. And so you know, everybody wants the FDA to just go ahead and brother stand that right now. Yeah, e don't mean to interrupt, but this is really important. You nailed it. You nailed it, Which is everybody are dumb people like me. What did the pro say about the initiation and I love this under under of folks section for item 41 dozing regime. What do they say? Or what is their optimism about the dozing regime? Well, you know, I think with that may be. What you're talking about is a lot of people. This is a two dose shot that you got to go in. Get one shot. You've got to go back 33 weeks later and get another suffered toe work as effectively as they say, which is 95%. If you only got one thought you may have some 50% protection, but we don't know for how long. That's what being missed on there. A lot of people excited. I could just visit one does. Why don't we just give everybody wonders? No big deal, and they'll they'll be protected. We don't know. For how long that protection last that it hasn't been studied Everybody in the clinical trials got a second dose s o you know, doing that might not be any good. This is the kind of questions that the FDA is looking at right now. Because they're trying to come up with a label for this drug on door trying to say exactly what they tell is because they want to say exactly well, taking it. Yeah. This is really important for because you got to actually write the document that tells the doctors what to do to give confidence to the public hanging over the sand at me. And you know this history well, his the history of Phyllida Meid from another time and place. I was a bag and I was on the back end. I should say of that arch fear. Now we've convinced ourselves It's not the little mind. I get that. But what is the worry here? What is the risk out there that the pros talk about? You're right. It's not something so dangerous as politic might, but UK has started their vaccination campaign and then Pinson. Allergic reactions from, you know, sometimes there's a reaction when you get a shot you might have, you know. Come on. Look, I don't mean to interrupt, but I'm gonna Anna and I had an allergic last reaction last night to the third martini. What do you mean allergic reaction? I mean, just to get a rash. Leader. Well, that would be a normal sort of allergic reaction. These air ones are starting to see along the lines of an uncle. Access something wrong. You know you have a pen or something. Yeah, and there's there haven't been a lot but Don't worry. They're just thinking. Maybe we need to look at this. So the FDA has asked the U. K health regulator for more and for me, this might inform what the FBI ends up putting on their labels for who should take that if you've ever I had a really bad allergic reaction before. Should you be cautious about taking that? They're not sure yet? I haven't seen a level. I don't know what FDA is going to do like, you know, they're talking about that. And how does the FDA in the health regime on your watch? How do they do transition? I mean, all the focus is on defense and justice in the rest in the halls of a czar. How did they transition? Well in previous years. You know, this goes across the government hasn't been this contentious that you know they have people who are on the ground, working in the send people to the FBI every single day who are working with them and trying to To do the hand over Andre. And so that's that's usually usually how it goes. I think things are getting a late start here. I don't actually know how and intensely they're able to be involved in any of these..

FDA allergic reaction Anna What Jonathan Farrow Fizer Bloomberg ABC FBI Mohammed Al Arian Alley Bloomberg News Lisa Kravitz secretary New York Phyllida Meid Europe Queens College Larry UK Chief economic advisor Washington
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:03 min | 1 year ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"It means society buys into market based system Even more, however. You don't want to be tail to be the victim of a head fake have become a victim of a head fake Already. That was Mohammed Al Arian there of Bloomberg opinion chief economic adviser to aliens from New York City this morning. Good morning to you all along side some King together with Lisa Kravitz. I'm Jonathan Farrow Life on Bloomberg TV and on Bloomberg Radio in your equity market, closing out Last week for a second straight week of gangs on the S and P 500 add in some way to that rally This Monday morning back 3 32 122 points on the SNP positive 7/10 of 1%. There is a euro strength, a story that many people are starting to line up behind. Eurodollar right now. 1 13 31 and Treasury stable, muted price action through the morning so far, Tom King zero 0.65%. Is your yield on the US 10 years? Very good, Jon and let's bring it right over to where we are earnings this week, and I want to go granular here and go into by vast knowledge of the German language. This from Credit Suisse this morning, the importance and thus the number of branches will therefore continue to decline. Measuring the branches in America. Shonali Bassett of Bloomberg, Lucien Ali. To me this is incredibly important, the idea of the layoffs and jobs to come. How much of this is because of pandemic has taught us it's a digital banking future. Well, we knew that before, and we certainly know that now and full force. We had that great scoop last week about Wells Fargo cutting jobs. They kept their head count quite high relative to the other bank. So to see them now cut just is facing reality. But it's also bracing for a future where they might not be ableto earn as much in revenue with interest rates as low as they are. Generally, consumers were often reluctant to make the change. This is forced them to change push many people towards digital banking on I wonder if that accelerates the cuts out. Swear that Tom describes. We're not going to see the cuts in full force this year. Remember, the banks came into this year thinking they would be the good guys. So for them to sit there and cut jobs in full force right now won't look good to their employees. It won't look good to the regulators. And so they will be pretty hesitant to make sweeping cuts. But next year they may be forced to reckon with that if they're in that income situation is this Severe. All right, well, we're going to get a read on the net income situation for the Big U. S. Banks, starting with JP Morgan, Wells Fargo and Citigroup all reporting tomorrow, kicking off the week of earnings from the big banks. My understanding is, people are expecting very strong results on the trading revenues. The thick trading revenues in particular investment banking revenues will be bolstered by some of the government programs. PPP, etcetera. And then on the net interest margin as well as loan losses. That will be a point of pain. Tell us what people are expecting for the week ahead. A lot of those loan losses in the first quarter Lisa had come from the credit card business is, But let me tell you something else. 8% of all U. S mortgages are either passed D'oh or delinquent, and so we're going to want to see how those mortgages really play into the weakness in these banks. That we didn't see in the quarter Prior and consumer spending might also be tumbling, which will impact these very big banks. Surely this is great, but let me cut to the chase. It could be Mr Moynahan. Mr. Corbett, whoever let's start with Mr Diamond. What does Jamie Diamond actually going to do on a conference call to signal the view forward So far, he's been pretty positive. He believes that it would get better toward the end of the year. How's the view from about a month ago? Let's see if he keeps up that view, especially with all the pain we're seeing from the consumer. You guys have talked about it a lot on this program. The stimulus is running off. And so the next stimulus will be far less money, and it may not be checks into the pockets of many Americans. So that will all effect his income moving forward on three idea that you know, at Bank of America, 30% of small businesses were in deferral. What does that look like? A JPMorgan, which also is banking. A lot of traditionally deferral is different to alone. Lost, and I wonder how much clarity will get on that over the next several days whether these stories are improving. As the reopening has commenced. Yes, that's a great question. John S and P actually thinks 1/3 of all of these deferrals will turn into delinquency. So that's significant. What does that equate to $128 billion worth of loan losses across the industry? That is significant. We only saw a nine billion JP Morgan and provisions in the first quarter. Again. We expect the second quarter to be bigger. But S and P now, which is doing the downgrades, believes that this will mount significantly through the end of the year and into next year. Shonali is fascinating to me that we're probably going to see the loan losses be the biggest pain for Wells Fargo, JP Morgan and Bank of America. Some of the biggest lenders that you've got the Goldman Sachs and Morgan Stanley are going perhaps benefit more just purely by the construction of their businesses. From the boom and investment banking and thick and equity trading is that what people are expecting much better results from Goldman Sachs and Morgan Stanley than the other large U. S BANKS? Listen, JP Morgan is still a.

JP Morgan Bloomberg Wells Fargo Lisa Kravitz Tom King Bank of America Shonali Bassett Goldman Sachs Bloomberg TV Jonathan Farrow Bloomberg Radio Mohammed Al Arian Morgan Stanley Credit Suisse New York City US economic adviser
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:15 min | 1 year ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Up part two stories. Caroline Jason are obsessed with today. Kelsey Butler was part one. Andrew Mellon is part two. Absolutely at all about kind of who gets paid the most, and it may not be in terms of CEOs. It may not be exactly what you think so we'll get to that story. In just a moment. In the meantime, back to your top business headlines of the news after the clothes here is shown alright, I thank you very much. I thought it was going to be the fitness of private equity. But how wrong was I about that We've got the Dow, the NASDAQ all advancing today, Stocks gain those signs that the world could be closer to an effective treatment for covert 19 blunted concerns that are rising number of cases will curb the economic recovery. It was an up Friday, right to the numbers with the S and P, up 33 higher today by 1% down 360 Sign. That was a gain of 1.4%. NASDAQ Up 69 higher today by just about 7/10 of 1% 10 year down 8 30 seconds, with a yield of 300.63%. Gold down 3/10 of 1%. 17. 90 80 ounce crude West Texas intermediate off today by 2.4% $40.58 a barrel. As for the market backdrop, Mohammed Al Arian is a chief economic advisor and aliens parent company of Pimco. He's also a Bloomberg opinion columnist. He was interviewed this morning on Bloomberg Television. So most businesses it really comes down to three issues. Is my balance is strong enough. Hey, B what is demonic and where you're gonna look like and see what is my cost structure is gonna look like Gilead Sciences shares advanced today is the company said its rim deserve air treatment cut covert 19 mortality risk by 62%. Gillian up today by 2.1%. Thie International Energy Agency bolstered its outlook for global oil demand, but warned that the recovery could be derailed by the resurgence of Corona virus. Among some of the energy names that we follow for you as a group Exxon Mobil up 3.1% B P up 1.9%. E o. G resources up 2.4% and pioneer A natural up by 1%. Re capping equities higher as stumpy up 33 again of 1%. I'm Charlie Palate on that is a Bloomberg business Flash. Yes, indeed. Charlie Paella..

Mohammed Al Arian Bloomberg Kelsey Butler Bloomberg Television Charlie Paella Andrew Mellon Caroline Jason Exxon Mobil Charlie Palate International Energy Agency Gilead Sciences Pimco Texas Gillian
"mohammed al arian" Discussed on Thunder Radio

Thunder Radio

01:58 min | 1 year ago

"mohammed al arian" Discussed on Thunder Radio

"No big deal so what if the national icon is under scaffolding and clothes for repairs these people have brought their own bells their own drums their own party they are not going to be robbed of this moment the moment Britain leaves the European Union the US has now declared a public health emergency over the China coronavirus following the global leader of the World Health Organization and soul help fuel a two percent sell off on Wall Street there could be more market may him to come says Mohammed al Arian chief economic adviser for alliance what's happening now is that there is ample evidence to suggest that this virus is gonna be hard to contain it has what economists call the sudden stop dynamics China now has more than two hundred fifty deaths due to the virus the U. S. confirm case count is up to seven the Los Angeles Lakers play their first game tonight since the death of Kobe Bryant the fans we spoke with outside of staples center expect a night full of many different emotions it's going to be very sad but so much love for him I don't think they'll be a dry eye probably the entire night meanwhile here outside of staples center the makeshift memorials continue to grow the fans continue to come here nonstop leaving flowers candles and other memories of Kobe Bryant ski fundament CBS news Los Angeles the company that operated the helicopter that crashed killing Bryant and eight others would not certified to fly IFR in foggy conditions is according to the NTSB island express helicopters was only authorized to fly under visual flight rules now the pilot was license for instrument flying but likely had very little experience actually doing it on Wall Street the Dow losing six hundred three points this is CBS news redemption even the most demented Hollywood writers would not have dreamed up an ending like this forty eight hours Saturday's liberty mutual insurance company presents.

Hollywood CBS NTSB Kobe Bryant Mohammed al Arian European Union Britain Los Angeles staples center Los Angeles Lakers China economic adviser World Health Organization US
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 1 year ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Bottom line stocks are fluctuating near records treasuries rose after the latest jobs report delivered mixed signals about the strength of the economy we've got the tenure of eight thirty seconds you'll now one point eight two percent Dow Jones industrial average down eighty seven point so right now the Dow is at twenty eight thousand eight hundred sixty nine it is down three tenths of one percent it did trade briefly above the twenty nine thousand level as to be down three down one tenth the nasdaq down five a drop there just about one tenth of one percent of the S. and P. five hundred index has been swinging between gains and losses after hiring date of this morning fell short of estimates and wage growth it was a week has been more than a year Mohammed al Arian is chief economic adviser at alley ons the parent company of him cope is also a Bloomberg opinion columnists my bottom line is that this does not in any way trainings any any expectations of economic prospects of fed policy we on where we were before the employment report in terms of those expectations and we will have more on the jobs numbers well is fed reaction coming up in just a moment on appointed by the way holding steady a half century low of three and a half percent non form broad non farm payrolls rose by just one hundred forty five thousand jobs below twenty nineteen is average Boeing's largest supplier to the ground at seven thirty seven Max's laying off twenty eight hundred employees potentially complicating the future of the playmakers best selling jetliner spirit aerosystems holding says the job cuts are needed to reduce costs as Boeing prepares to halt output of the Max indefinitely we've got Boeing shares down today by one point six percent spirit shares down two point nine percent just to clarify that his spirit aerosystems holding so again recapping stocks lower S. and P. down five drop now of two tenths of one percent the Dow down four tenths nasdaq down by one tenth the one percent I'm Charlie palette and that is a Bloomberg business slash you're listening to Bloomberg businessweek with Carol Masur Angie's in Kelly on Bloomberg radio.

Mohammed al Arian economic adviser Boeing Max aerosystems Carol Masur Angie Kelly Dow Jones Bloomberg spirit aerosystems
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 2 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"A hundred twenty countries I'm Bob thank you Barbara move lower for the down the S. and P. and nasdaq after a seesaw session as investors digested the most recent twists in the tumultuous trade talks between the US and China Michael purposes the CEO of call back and capital advisors the market presumption has been in the bowl presumption is spend that Hey look he's going to do all this stuff and tidied up into twenty twenties election yeah clear that he can do that and it's not clear that that the Chinese response mechanism is going to be yeah okay will come to the table once your if you just you know allow us to what we saw ten year treasury yields below two year yields today as investors remain skeptical about where things stand on the trade war Mohammed al Arian is a columnist for Bloomberg opinion and chief economic adviser at alley obscene version of the yield curve while not to warranted by U. S. economic developments may never the less Coles sentiment to be more careful so does a whisk of a self fulfilling process as for trade and the White House merry manning is co portfolio manager at Alderson capital limited she was our guest on daybreak Asia so it is you know clearly as a portfolio manager you cannot change or for full every time trump sends out a different tweak because your turn over would be extremely high and that's not what your investors are paying you to do so since the the sort of trade war rhetoric ramped up about a year and a half ago I've been focused almost exclusively on domestic demand economies and domestic demand stocks and they were occasion gets underway twenty nine minutes from now after the bell Hewlett Packard enterprise a maker of server computers gave a profit forecasts that topped Wall Street estimates signaling progress on its efforts to cut costs and reshape its business to higher margin products stocks lower with the S. and P. five hundred index declining nine points that was a drop today of three tenths of one percent Dow industrials down one hundred twenty points down five tenths of one percent nasdaq down twenty six down three tenths of one percent I'm Charlie Pellett that's a Bloomberg business slash Bloomberg best with that Baxter can news live.

Bloomberg bell Hewlett Packard manning White House Coles China Baxter Barbara Charlie Pellett Asia Alderson capital portfolio manager economic adviser Mohammed al Arian CEO US one percent twenty nine minutes
"mohammed al arian" Discussed on WAFS Biz 1190

WAFS Biz 1190

07:21 min | 2 years ago

"mohammed al arian" Discussed on WAFS Biz 1190

"Managing pace hard. The closing trade of twenty nine hundred fifty three seventy nine Brandt net long jumping for third straight week and the analysts are punished. They record seventy dollars going into next year on Brent the played there on markets. Let's see how our equity markets flourish into the close of trade this not to one of those leaders in thoughts. Mohammed Al Arian. He's the chief economic adviser. And he's President Trump's opinion that the fed would benefit from a better feel four markets. He spoke to Fox News on Sunday. Even the fed is understanding that it needs to communicate better. Two things in particular. One show that it is more sensitive to market what's happening outside. The Swiss of spill backs what the president had called better feel for what's going on second. The fed has to realize that it cannot keep a really important policy tool on automatic pilot that it needs to be more sensitive to what's happening. And I think that the fed can we gain control, and we can stop these self inflicted wounds. Meanwhile, the White House officials are reportedly trying to arrange a meeting between President Trump and the feds J pouch Trump has of course, been extremely critical of the central Bank chief in recent months so could face to face risk spooking the markets even further so was me saieed avocado. He's the co founder and chief portfolio manager are confident, and let's reflect first of all on on Mohammed. Al Arians comments does the fed need to be more sensitive to markets. Do they need to come off as he refers to autopilot? Look, I think that'd be very clear about their policy. This is a market which is. In a state of shock actually, the Kiwi party's over. And as such the q-, quite continue the feds, we've been very clear about their pulse. Very clear about their path. And I think the autopilot function, maybe they should move actually the Ford guidance. The problem is that we've had this period of time where four guidance has completely intact. Volatility. Are they communicate had one guess yesterday? That said well, and he was sort of more veteran ask I don't know how long you've been training for. But he said. We're over forward guidance were over dotted were over-communicated with and that perhaps the fed needs to regain some some some boundaries. The I think there's a lot of American that view. I think the Ford gardens wasn't pleased so time when basically we first introduced QE market was very -ceptable to swings and volatility downside. I think at this point in time, we've we've removed the risk of downside. And I think the Q four guidance is actually eroding the credibility of the fed. As every time, we have views from the fed or administration conflicting, the fed. I think the fed has a very clear policy towards policy and in those terms. I think marketing has to get off that the party, okay. All gonna get off the party. You would say ECB might not get their next year. And and and and the Bank of Japan even further and just very quickly before we go to the data. Do you think twenty one thousand nine he's going to be year of pause globally in central banks? I think at this point on every single Bank is threatened normalized. The feds wants to hit three percent before. There's a chance of recession the road to hell is paved with good intentions, but nobody wants to be Japan. Nobody wants to be the Japan in the nineties. They wanna have space wants to have space. I think the right now taking way too long. Remove remove from the Germans are going to rape over this at the same time. They can change. The course. Okay. I can't imagine Jens Weidmann raving. But I can certainly I can tell you hear that the jungle drums are of objection. Let's get to the library because this is the latest. Goldman Sachs there shaving view viewing growth Mohammed Hilarion shaving back. The view on growth goldies are talking to Ryan two and a half percent perhaps at going into next year Goldman they've cut their full costs. And in terms of US growth. They said first half two percent from two point four percent. Then joined one point seven five percent are the market's already discounting a significant I suppose pause in the growth story in the United States. Again, we go back to adopt plus and Ford guidance again. That's the problem again is there's no room for outside surprise. We're told that the projections were told that the there's two hikes in the way they come out to everyone downgrades growth focus at the same time. I look at the data did as strong as long as employment. As is where it is. I have a hard time finding where growth is on slow down. We have a strong data in the US inevitably. We're gonna have wage inflation in the US, increasing such. Growth growth, my slowed down a bit. But we have very strong story in the US. Then why are we getting whip thighs and points? I mean, you can say to me. Okay. It's it's it's quantites it systems. I mean. Whip Iran inequity market of a thighs points. You get my worst equity market in nearly a decade, and you say money flow into your money flow into gold. You know, volatility is alive again, or or is it that we just have got to get used to the fact that the markets do move we've had nine years of QE where basically that that that QE equity has remove all to completely. It was a only party so in that sense, this removal of QE reduction of balance onto bring back vaulted. Same time out goes we've seen haven't actually scenes market. Most managers haven't seen this market motion managed how I've been doing this for the past twenty years. Yes. And the vast majority haven't seen market. We saw in eight. Decade. But this is a whole new generation a whole new generation. Do you think that markets have if we look at the interest rate market that's priced either rate hike for twenty nine thousand nine hundred cuts into twenty twenty. If I look at the academic. I get the sense that these markets have almost reached too far to the prospect of recession risk dramatic soda equity. The dollar is strong. Does does that continue back to your world? Have we overreached on the inside of the equity story? But reciprocally the dollar has overreached on the upside a market fundamentalists loved so they love the door on on the basis of the twin Devon story in the same time. When I look around me, it's all relative, what is alternative and at this point in time dollar depreciated a bit down line. I think still has a strong rally coming up. I don't see the alternative to the world. Your money at two percent. Okay. Abacus co founder and chief portfolio manager great spirited conversation that this morning from our capital up next. It's a buzzer beater from Disney and Verizon as the companies region eleven hour deal.

fed President Trump United States Mohammed Al Arian Fox News economic adviser Bank of Japan Brent Jens Weidmann Goldman Sachs Ford gardens portfolio manager president Al Arians Japan Mohammed Hilarion Devon rape ECB
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 2 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Third. I'm Ann Cates. And I'm Susanna Palmer from Bloomberg world headquarters. College football won't go dark on New Year's day. Millions of TV customers from Boston to Washington were spared. The loss of channels such as ESPN and popular college football games after Verizon and Walt Disney struck a distribution agreement on the eve of the new year the Federal Reserve realizes that it can't put its key policy tool. The fed funds target rate on autopilot, and that it needs to better communicate its policy choices that according to Mohammed Al Arian chief economic adviser at alliens Alaron was interviewed on Fox News Sunday and said he sees the US economy likely to continue growing at two and a half to three percent and as far as seeing a recession coming. It's certainly not become a reality. You need either a native policy mistake or a massive market accident to push us into recession in Italy. The Italian government survived. Two thousand eighteen passing its budget at the eleventh hour, the Japanese Yanez set you end the year as the biggest winner against the US dollar. Among major currency is this after benefiting as investors sought out safety amid twenty eight teens uncertainty. The end was up about two point two percent on the year as of late Friday in New York to one hundred ten point twenty seven yen per dollar. The financial times reports China has ended a nine month freeze on video games approving eighty new titles for commercial release. The paper cites the country's top media. Regulator Chinese gaming executives told the.

Federal Reserve Mohammed Al Arian US Ann Cates Susanna Palmer Bloomberg world Walt Disney ESPN alliens Alaron football Verizon economic adviser New York China Boston Italy Washington three percent two percent
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:37 min | 2 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"The president said. I'm Anne Cates. And I'm Susanna Palmer from Bloomberg world headquarters. College football won't go dark on New Year's day. Millions of TV customers from Boston to Washington were spared. The loss of channels such as ESPN and popular college football games after Verizon and Walt Disney struck a distribution agreement on the eve of the new year the Federal Reserve realizes that it can't put its key policy tool. The fed funds target rate on autopilot, and that it needs to better communicate its policy choices that according to Mohammed Al Arian chief economic adviser at 'alliance Alaron was interviewed on Fox News Sunday and said he sees the US economy likely to continue growing at two and a half to three percent, and as far as seeing a recession coming if certainly not becoming a reality you need either a major policy mistake or a massive market accident to push us into recession in Italy. The Italian government survived. Two thousand eighteen passing its budget at the eleventh hour, the Japanese Yanez said to end the year as the biggest winner against the US dollar among major currencies this after benefiting as investors sought out safety amid twenty eighteen uncertainty. The end was up about two point two percent on the year as of late Friday in New York to one hundred ten point twenty seven yen per dollar. The financial times reports China has ended a nine month freeze on video games approving eighty new titles for commercial release. The paper cites the country's top media. Regulator Chinese gaming executives told the.

Federal Reserve US Anne Cates Susanna Palmer Mohammed Al Arian Alaron president Walt Disney ESPN Bloomberg world football New York Verizon China Yanez economic adviser Boston Italy Washington
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:31 min | 2 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Federal government shutdown is now in its ninth day as President Trump remains in Washington. White House adviser Kellyanne Conway tells Fox News Sunday that Democrats need to end their stalemate over border wall. And maybe a wall in some places there may be still five star navy technological enhances and so it, but always say wall or no wall is being very disingenuous turning a complete blind eye to what is a crisis at the border. Homeland security secretary Kirsten Nielsen has torn Arizona and Texas after two migrant children died at the US border customs and border protection Commissioner Kevin machelandon appearing on ABC's this week says policies have been updated. What we've done immediately secretary Nielsen. And I have directed that. We do medical checks of children seventeen and under as they come into our process. That's not a capacity. We've had in the past. We've checked everyone. We currently have in custody. The Senate plans to hold a hearing about the deaths. I'm Ann Cates. And I'm Susanna Palmer from Bloomberg world headquarters. College football won't go dark on New Year's day. Millions of TV customers from Boston to Washington were spared. The loss of channels such as ESPN and popular college football games after Verizon and Walt Disney struck a distribution agreement on the eve of the new year. The Federal Reserve has to be data driven when it comes to changes in the fed funds. Target rate that according to Mohammed Al Arian chief economic adviser at 'alliance who spoke today on Fox News Sunday, the fed has to realize that it cannot keep a really important policy toll on automatic pilot that it needs to be more sensitive to what's happening. In italy. The Italian government survived a twenty eighteen passing its budget at the eleventh hour, the financial times reports China has ended a nine month freeze on video games are proving eighty new titles for commercial release. The paper cites the country's top media. Regulator Chinese gaming executives told the newspaper censorship of the games would see a significant increase. There might not be a Brexit that according to international trade secretary, Liam Fox in an interview with the Sunday Times of the UK FOX says the chances of the UK leaving the European Union are just fifty fifty if parliament rejects Prime Minister Theresa May's withdrawal agreement in January. The December employment report is due Friday. Economists surveyed by Bloomberg say US nonfarm payrolls, probably rose by one hundred eighty thousand and the unemployment.

secretary Nielsen Federal Reserve secretary Bloomberg Federal government Liam Fox Washington Kellyanne Conway FOX White House Homeland security UK Mohammed Al Arian Bloomberg world Senate Trump Ann Cates Susanna Palmer US
"mohammed al arian" Discussed on KTOK

KTOK

05:03 min | 2 years ago

"mohammed al arian" Discussed on KTOK

"Happy thanksgiving to you and your family, my friends my question to you too. And they're all the listener. So this story is the strangest I've seen in a long time. Well, you know, what's really bizarre about it. It's really not the US business per se. This is not a US citizen. In fact, he wasn't even Washington Post columnist asked. He's being described by the media. It's a total distortion. He was a freelance writer freelance writer, but beyond that Jeff Bezos. Basically, let him have the op Ed page to slam the, you know, the kingdom. I mean, the Saudi government he's a disgruntled ex Pat, he despised Mohammed bin Salman, and essentially the savvy view him as a complete trader. And in fact, if you listen to the tape, I'm or if you people have heard some of the transcripts because it is pretty gruesome that's available on the internet. If people really search for it. They basically say to him. I you're a traitor and now it's your time to get yours. So what what are we really doing here? The media would have you would have the United States and some Democrats and Republicans in the Senate would have US get into another massive trade war with Saudi Arabia potentially causing an oil embargo. Maybe a spike in oil prices that could potentially double the world economy right now is sinking into potential I recession the Ali on fraud. Say economists Mohammed Al Arian said today that if the fed continues to hike rates like this. It's a bit late in the cycle to be doing it. He couldn't be the fed Jerome Powell fed chairman could wind up plummeting the country into recession you've seen the meltdown on Wall Street going on three thousand points lower than it was about a month ago and be the American, you know, the the media seems to. Be asking Trump to sanction Saudi Arabia for an extra judicial killing. That was probably responsible from Mohammed bin Salman. I think all the evidence points that he's the one in charge of Saudi Arabia and more than what you know, as defense minister more than likely directed the operation, but beyond that, I mean is it killing took place in Istanbul. Not in Washington. So the US is I think a little bit out of line here thinking that you're going to punish the Saudis cut off your nose despite your face, potentially create a, you know, destabilizing oil markets right now to make a point of what that a trader from a foreign government that is that conducts into operation extra judicial sash nation should result in the US breaking off. Diplomats relations failing to provide the billions and billions of dollars that defense contracts that are already in the works. And don't you love to hear Dianne Feinstein? The Senator from California lecturing Trump and everyone else about the meaning of human rights when this woman would not afford Brett Kavanagh, his due process rights. I understand in that seems to have two major issues here, of course, dealing with Saudi Arabia in and they are an ally in that's a different case. And then what are we gonna do about Mohammed bin Salman? And in that case, even his his right hand people who have been accused of being part of the kashogi murder aren't saying anything about Mohammed bin solvent. They're they're taking the heat maybe for him. But they're gonna take the hit on this, aren't they? Well, they they are. But I mean, let's face it. The. The Saudi government, the king Salman is standing by his son on this one. Now goes to go to I believe there's a twenty come conference coming up at the end of the month in Buenos Aires. And I think it's going to be very difficult for western powers, especially the United States and Europe to be conducting business as usual with bin Salman in in in at the g twenty so I think the Saudis really need to put bin Salman on a hiatus right now replaced him at least temporarily for the time being with somebody else. They can handle fears of state and let him work behind the scenes for a while. John just control just be glad that your call them online. Columnists dot com. Originates in the United States and not Saudi Arabia anyways. Thanks, john. Keep in touch in. India an American tourist was killed by arrows shot by protected tribesmen living in one of the country's most ice..

Salman Saudi Arabia Mohammed Al Arian United States Saudi government writer Jeff Bezos Trump Dianne Feinstein Buenos Aires John Senate Ali Washington Istanbul India California
"mohammed al arian" Discussed on Rich Dad Radio Show

Rich Dad Radio Show

03:59 min | 2 years ago

"mohammed al arian" Discussed on Rich Dad Radio Show

"I mean, don't they don't are being set up every single time. It's I mean, how stupid well, it's like the US corporate corporations in the managers of US corporations people who borrow the money feel. They may not be around. When when the when the problems occur. They'll did bonuses. And they'll get out they hope before the before the bottom drops out. So when the dollar gets strong are commodity prices, go down the candidate backed alone. They can't pay back those, and there's no offset that because prices are down they're going to produce more. Right. That doesn't offset. No, generally. I mean, it's to some perhaps to some small extent. But when you have a very big drought in the price. It's hard to increase the volume of these things enough to make up for you said something before went on air about this trade. You know, it was L Aryan Mohammed Al Arian who says watched the trade between NAFTA, which was Canada and Mexico Mexico. And you said something that was shocking. So what did you what do you hear about this NAFTA deal that we don't hear about? And he said it specifically relating to China and China will be affected according to what happens with Mexico and Canada. You're so it appears that there is a poison pill as it's been told by commerce secretary Wilbur Ross in these deals with Mexico and Canada whereby if either of those countries strikes, bilateral trade deal with China. United States can pull out of these new trade deals with Mexico or China with Mexico or Canada. So in other words, it prevents these countries from entering trade deals with China. And so this explains a lot about Trump's trade policies, also not only with Mexico and Canada. But also the European Union and Japan and Korea, it appears that he's going to apply the same tactic to all of our trading partners. So that he forces them to choose between China or the United States once they've all chosen to trade with the US because the US is the biggest fire then it makes it easier for 'em. Who? Caused China's economy to go into crisis and prevent China's economy from overtaking the economy anytime in the near future. I mean, the most important thing that I've heard in recent weeks was the the the speech that vice president Pence made it was a forty minute policy speech in which he attacked China across the board on numerous numerous reasons. Everything from trade policy to repressing infernal religions it within China to meddling in US elections. It seemed to be that's H historians will probably back on that speech as a declaration of the Cold War between the United States China. This is not just about bringing trade back into balance. I I it seems increasingly clear this is about stopping China's rise. But if they do that, then it really threatens not only to damage China's economy or throw it into crisis. But it by driving up US interest rates threatens to. Throw the US into crisis in by reducing Chinese demands for goods from all the other countries in the world, it has the potential to topple the whole world, Jordan, great depression, so Richard. You know, this has nothing to do with economics. This really is about war. This is really about nothing. This is war. This is a power play. Well, I'm sure they hope that it doesn't turn into a hot war right field that they had the advantage now because the United States size five hundred billion dollars worth of goods from China every year where it's trying to lay bys one hundred and thirty billion dollars worth of goods from the US every so this is a trade war. I think they can win the trade war and by winning the trade war. They think they contain can contain China's growth last China a threat to the US in the future. This is the last question because when I was in Bangkok Kim was in Russia..

China US Mexico Canada Mexico Mexico Aryan Mohammed Al Arian Wilbur Ross NAFTA Bangkok Kim Trump European Union vice president Pence Japan Russia Korea
"mohammed al arian" Discussed on KQED Radio

KQED Radio

13:58 min | 2 years ago

"mohammed al arian" Discussed on KQED Radio

"Online at kqeDorg at one o'clock. Coming up after the news on the BBC World Service. It's HARDtalk with me. Sarah, Montague, President Trump has described the American economy as the greatest it's ever been in his country's history. Growth is well above three percent and unemployment is near fifty year low, but the US and China are engaged in a trade dispute and some economists fair the global economy is on the verge of recession. Mohammed Al Arian is one of the world's most prominent economic voices is President Trump's optimism misplaced. There's not often that you get three hundred all revving up at the same time. And that's what's happening consumption based on a strong, labor market business investment based on strong corporate sentiment and on top of that you getting fiscal spending kicking in as well. So yes, the US economy is in good place. Yes, he has made an impact. But what he's done. He's build on the momentum. That was achieved also under President Obama. That's Mohammed Al Arian on HARDtalk after the news. Hello. This is David Austin with the BBC news. The head of the world. Food program has warned for Yemen is facing what could be the world's worst humanitarian disaster in a century. David Beasley who's in Yemen? Told the BBC the number of people on the brink of starvation was likely to reach twelve to fourteen million or almost half the population. He said no amount of aid would be enough to reach everybody in need. We leave for this war thing in it is a desperate situation. And there's not going to be enough humanitarian sisters, no matter what to address all of the problems of a total national twenty nine million people because the economic condition of no jobs. No available cash limited food means the rest of the population is now going to be struggling severely all that compounded. Together is really a perfect storm for the ultimate worse humanitarian disaster. Probably in the last hundred years, the British cabinet will. Convene later today to consider a draft agreement with the European Union on the terms of the country's exit from the EU the governing conservative party is riven with dissent over the Deel ambassadors from the twenty-seven other EU members will also discuss the agreement today. Norman Smith reports Theresa May will today seek to head off the threat of any cabinet resignations by telling her ministers that the agreement while not perfect is as good as it can get number ten. They're also pointing toward Dave you a significant wins in the document, including no separate customs border for Northern Ireland and dinar the creation mechanism to ensure the UK can exit the proposed backstop customs arrangement, the Sri Lankan parliament has passed a motion of no confidence in the newly appointed prime minister Mahinda Rajapaksa at his government. Mr. Rajapaksa was appointed prime minister last month in place of Ronald Vikram, a- singer who has refused to accept. His dismissal by the president. The result is not automatically mean that mister Vikram singer has won the constitutional showdown. This report from Andrew plans yesterday in court. Overruled the president's dissolution of parliament, which then met today with hundreds of armed police outside and voted against his proposed new prime minister for now any future election has been put on hold at least until the supreme court makes a final decision on whether the president's actions were legal in early December, Andrew plants reporting. The remains of six more victims have been found in the town of paradise in northern California, which was destroyed by wildfire last week, forty eight people are now known to have been killed and dozens are unaccounted. For officials say the wildfire is now thirty five percent contained progress is also being made in the battle to control a wildfire in southern California. World news from the BBC the US. Vice President Mike Pence has told me on Mazda facto leader, Aung San Suu Chee that the persecution of the row hinge Muslims in her country. Last year was inexcusable Mr. Pence met the Nobel peace prize laureate on the sidelines of a summit in Singapore. This report from Nick. The US. Vice president told on sense Suci nothing could justify the violence committed by the Burmese army and Buddhist mobs against the hinge, Muslims last awesome. And the perpetrators must be held to account. She's believed to have responded that people have different views. Mris government is also under pressure to delay. Tomorrow's scheduled return, if the first Hindu refugees from Bangladesh, the UN says it's not safe for them to be brought back to reckon state. Polling has closed in Fiji's general election following a race. That's been dominated by rivalry between to form a coup leaders, the incumbent prime minister Frank binding Miranda face too, fragmented opposition and is the favorite to win. His main rival, the former prime minister city Vinnie. Rabuka only qualified to stand on Monday after he was cleared of corruption diplomats at the United Nations say they expect the Security Council will vote unanimously today to lift the nine years sanctions. Regime against era. Tra a draft resolution recognizes that U N monitors have failed to substantiate allegations, the Demetria supported al-shabaab Islamist in Somalia. The move comes after a recent thaw in relations in the horn of Africa, notably between a retrial and Ethiopia residents of the Canadian city of Calgary have voted against a plan to bid for the twenty twenty six Winter Olympic Games. More than fifty six percent of people voted. No, the decision means that bids from the Swedish capital Stockholm and from the Italian cities of Milan and Cortina dump Pitso of the only remaining candidates BBC news. Welcome to hard on the BBC World Service with me, Sarah Montague. The American economy is booming growth is well above three percent and unemployment is near a fifty year. Low better Trump says it's the best it's ever been and has claimed the credit for that. But he's also imposed huge tariffs on Chinese imports which threatened to escalate into a full-blown trade war between the world's two biggest economies. They're further signs of unease with many economists warning that the US and the world face another recession. My guest today is Mohammed Al Arian whose career has been at the top end of economic advice along with writing several bestselling books. He spent fifteen years at the International Monetary Fund headed the investment giant pimco advised, President Obama enclave development, and is now the chief economic adviser at the insurance company alliens does he see dark days ahead for the American and therefore the world's economy Mohammed Al Arian joins me now. Welcome to heart talk. Thank you for having me on. Now, President Trump tweets this is the greatest economy in the history of America. Do you think the president has been good for the American economy? So I think he's right in saying that the economy is in a good place. It's not often that you get three hundred's all revving up at the same time. And that's what's happening consumption based on a strong, labor market business investment based on strong corporate sentiment and on top of that you getting fiscal spending kicking in as well. So yes, the US economies place. Yes, he has made an impact. But what he's done. He's build on the momentum. That was achieved also under President Obama. Okay. So the the the lot the graph straight line continued, but he's done things that have helped the economy. He's done two things in particular that have helped the economy one is deregulation and business has really bored into. Do you regulation, and that explains why the willingness to invest has gone up? It's never been about ability companies have a lot of cash it's been about willingness on the second thing. He's done and economists disagree on how efficient it was. Oh, how fair it was. But most economists agree that the tax cuts are going to create a boost to growth that will last two years if not three okay? So you up so ago, you said there's a fifty percent chance of another recession in the next two years a year on from that. What would you put the probability yet? So I wanna see depends where you're looking in the world because the most important theme today for the global economy is divergence most of the time advanced economies are correlated. They go up at the same time. The slowdown today. We're seeing something very peculiar the US's accelerating while Europe is slowing down. So you're seeing a gap evolve. Which raises two really interesting questions. One is what happens June divergence, and Secondly, ultimately, wh how does it? Virtues proceed is it the US that's pulled down by the gravity of the rest of the world. What does Europe gets it act together enjoying the US? So you know, if you ask me for Europe is the probability of recession fifty percent next. Yes. Yes. For the US know, how the combined I will tell gets tricky. So for Europe next year the child civil recession are what fifty percent, yes. Because they are not undertaking the fundamental hand off which is what economists call from cyclical growth to secular growth. So think of a patient that ended up in intensive care. That's what the euro-zone was in two thousand twelve thirteen fourteen major questions, whether it would even survive if came out of intensive care ended up in the hospital room, and now is out and the initial reaction is to say, wow, the patient can now walk, and you got a lot of confidence that Europe was picking up. But when the patient is structurally impaired, which is what the euro-zone is today if concert stain. It's walk for a long time. Okay. Now you to different metaphor one you've used before Utah. Talked about a t junction career where you said one road leads to higher growth in a more inclusive form of capitalism. The other tends towards recession instability, and Tom walk won't do you mean by that inclusive form of capitalism? It means that most of the people in the Konami field that they are sharing the fruits of economic expansion. One of the tragedies of the last few years coming out of the global financial crisis was not only was low was growth too low, but the benefits of that growth went to a very small segment of the population will happen to be the better off. So you got a lot of political anger. A lot of pressure on the social cohesion of countries that results from that. And we need to deliver not just higher growth, but also more inclusive growth, and do you just talking about Europe and the United States do Eason why there's so much anger and division? The United States is a feeling waikele. So that wages haven't moved. Even though the economy has boomed Marcus have boomed waitress had been very sluggish until we simply so it's employment in the United States is very low. So the idea of opportunities that what's interesting that certainly the opportunity there, and let me give you a vase tracking numbers. There's four point nine million job openings four point one million unemployed. So cleanliness opportunities day. But there is a problem of mobility as a problem was skill mismatch. So the feeling among people is that they don't have the same opportunity as before. The US assigned is very interesting. It will tolerate a lot of inequality of income and wealth. In fact, it views income inequality as being an advantage. Yes. If you created Facebook, you should be a billionaire, but the minute you bring a thirty showing inequality of opportunity than people get angry. And that's what you think is driving the politics. Absolutely. Absolutely. So what is the remedy for that? So I just to understand that we need to take much more. Seriously, this issue of inclusiveness, which to be honest hasn't really sunk Kim enough. Secondly is to bring people into the economy. So the labor participation rate, meaning people who have exited the labor force because at totally discouraged is still at multi decade highs, and that's a real problem for society is a real problem for the economy. So that our marriage, you can do infrastructure being an example companies taking their responsibility more seriously about legal retooling retraining is another example. And this is a prescription. Could apply in all developed countries? Correct. Because there are three things that are really creating anxiety among people technology, and will technology me or not too is trust people have lost trust in governments. People have lost trust an expert opinion in institutions and thirties. Trade am I gonna be displaced by somebody else? And and one of the ways you're suggesting that this could be addressed is by what a massive spend borrowing to spend to invest on infrastructure. There's three think ways it can it can be addressed one is through structural reforms increase people's access to proper education to proper training help them develop their skills developed infrastructure to allow for more activities. So there's a whole set of what I call structural reforms. Secondly, for certain countries, Germany, being an example, a more active use of fiscal policy are. Our countries where there's room to use fiscal policy, and then third and by that you mean they can afford to spend some of their wealth. Other countries are more indebted, Germany is not correct. Not just they can they should. And then the Jess Gemini. So Germany was an example, the US to certain extent was an example under President Obama. But congress was completely divided the US when six years without a budget approval process. Okay. So despite the fact that people would see this huge that the United States is huge indebted. You would say that's necessary in fine. You know, why do you worry about that?.

United States President Trump President Obama president BBC prime minister Europe Mohammed Al Arian BBC World Service Sarah Montague Vice President kqeDorg California Yemen David Beasley David Austin European Union United Nations
"mohammed al arian" Discussed on WAFS Biz 1190

WAFS Biz 1190

08:24 min | 3 years ago

"mohammed al arian" Discussed on WAFS Biz 1190

"Morning and the techie crisis showdown with. The US that has rattled markets Jonathan Farrow spoke to Bloomberg opinion columnist and liens chief economic advisor Mohammed Al Arian by an how investors, should approach the situation Few Exposed to Turkey would use. Exposure I think Turkey is trying to be white to crisis management chapter in the playbook for matching. Markets it's trying to go without interest. Rate hikes is trying to do it without the. Mess that's. Hard it's not, impossible but it's. Hug and as Justin, said the making it very hard to shoot the, currency but that's, a that's a short term. Relief so I would be I would be taking advantage of this situation to lighten up on. Exposure if I am already overexposed Turkey to your, point it looks like that dealing with the symptoms and nobody. Onus and if they continue to explore what is very unorthodox crisis, management how bad does it get in Turkey before it gets better So the major concern when you look. At these things is what is it technical dislocation becomes an economic, and financial dislocation and it plays out to the following channels Corporate. Bankruptcies because of currency mismatches massive. Pressure on on on the banking system, so you get increased dollarisation higher inflation higher and then recession that is what key must avoid so they need a circuit breaker. You and I have talked about this they need a very solid circuit breaker to stop technical contagion from becoming economic. And financial disruptions going back and forth on this and I just wonder how difficult it is to introduce the circuit breaker is out, of that control of the moment I understand they. Can have a credible internal response to the external environment as you, even I've talked about, is not hospitable right now and, it doesn't seem to be getting any better I wanna wrap up with some final thoughts on the. More broadly the story this year and the word I keep hearing and I'm? Sure you keep hearing is syncretic have we, don't be on synchronic now for merchant markets Oh yes we have I mean you see a. Car relations going up Across the board in emerging markets we are in the midst of contagion phase. That's impacting, both strong. And vulnerable, economies now that's going to provide opportunities I'm dying if. I were, back, in, the game I would be saying. This is great look at this the market is in. Distinguishing enough between strong and weak names so yeah no no we we have gone beyond that we are in the midst of. A contagion right now so let's store distinction between the, stronger nation weeknights and let's pretend you back in the. Game and have a chat about it I'm quite clearly if you've got a current account deficit? You in trouble Turkey quite clearly? One of those countries is that how you draw the lines Muhammad or is it. A lot more nuance than that So I used to know for three things one is. Balance sheet strength so that speaks to current accounts and dead for countries but it also speaks for corporates because get corporates hit. Even harder than sovereigns second agility beat on the policy, side all on the corporate side and then third no. Immediate funding needs you don't want to be held hostage by markets that's when things get tricky Bloomberg opinion columnist and allience chief economic adviser now this compensation to bring in Alberta bigger lean he's the head, of fixed income at exotics capital welcome. To the program thank you let's let's pick. Up where Muhammad liftoff then, he says we're in the middle of a contagion when. You look at this crisis do you see this getting much worse before it. Gets better on what they see these all the market is reacting. From the Turkish, crazies crisis and what. We could see widespread and in general lies selloff. That we've seen last week A more generalized on Friday and more two ways on Monday were more liquid bonds like a recovery why, more better related less, liquid names, like about Wayne were extended there's. Lied on Monday and to recover just on Tuesday. And some of my client they turned me and. They asked me are. There opportunities. On the markets where are the opportunities were less defined, opportunities I I think they are so. If the executable and we are, trading in a market where people trades on every day there is one direction only, market everybody's everybody is a fire and the main Cochrane is liquidity and we have seen the from the beginning, of the year but especially last week That was a concern me mostly this part of the region, what is constrained for liquidity in. The country's three main reason first of all most of the local liquidity as the treasurer of the banks and being entering, in in sovereign positions During the primary issue so they're fully located secondary they're not really active in. The. Market because if they buy these levels which. Are well below par than they will need to reprise the portfolio down and and then third there is. A lack of over floating bonds in the market at. The moment for this reason okay so. So liquidity is obviously. A critical issue I think everybody on a global basis would make that we put the spread of. Relative to the US I'm surprised at the stoicism that this. Spread is shown, it may pump a little bit today we've got a short we've got a short wake of trading When Muhammed Al. Arian talks about the. Market is not differentiating absolutely agrees correctly That's spread does that blow is, the I hate to use the word haven in a crisis in? Emerging markets but. Will it shou-, stoicism relative? To the rest of the market other opportunities GCC and if so which ones I think that case, save for example looking at the reaction to the Turkic greasy crisis, was, quite the, direction were quite the last week and because it, seemed like at the safe, haven if you want exposure to countries and talking about Bahrain which is being at the center of attention. For quite some times Bahrain eight spot fifteen percent yield to maturity in the ten years maybe seeing as an opportunity especially if you look at the spread veterans decay say. Now it was around, three hundred ninety basis points while before April was. Around the spine that may be seen as. An opportunity Weber you were trying to pick up Bahrain twenty eight on Tuesday when they will actually, Monday when the market crash the price it's played by dealers were? Not real so. They were not, real sellers Those pesky ball Opportunities potential but very. Difficult to, execute I mean in terms of the Gulf ball and performance is it's not something that's been outstanding particularly because if you put together a graphic which is what we've done, in GT, library and we've we've basically taken the, j. p. Morgan any. Total return index and we've contrasted that with the emerging market bond index as well as a total return basis and the Sokoto. Return as well the story tells is that the returns have. Been quite similar it's not. Really that different why should anybody then going to the Gulf markets where liquidity is as you describe? It so difficult it's hard to get. Out after that Yeah it is the? Problem is that there is a generalized Correlation between the markets, at the moment we we're. Looking at the Egyptian cracking, stories but the general, trading behavior so I think. For example talking about Bahrain again seen, shops from the bone but at the end of the day it is a battle. Saudis and in, the battle, on the support of the. Allies so this level for example that could be an opportunity so if you know, the stories you if you do your homework? And you know what, are the addition. Christie's. Of each. Country you understand? The word they'll paternity delays okay let's. See what about Bahrain Saudi spread moves a little bit more thank you so much for joining, us that as Alburto bigger than head. Of fixed income exotics combine the very latest on the markets next. Egypt.

Turkey Bahrain Mohammed Al Arian Muhammad US Bloomberg Jonathan Farrow Justin Sokoto Egypt advisor Muhammed Al economic adviser Christie treasurer Wayne Cochrane Alberta
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:23 min | 3 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Secretary pump myself. On the release of the pastor. We've put sanctions on several of cabinet members working with. You we. Have more that we're planning to do if they don't release. Him quickly Steven Mnuchin call Percents further escalate the diplomatic row that has rocked global, financial markets the lira pad gains following the remarks yesterday. While the dollar the, Japanese yen rallied this morning just taking a quick look. At battered lira, it is high in our by run about two thirds of one percent Turkey's finance minister Bharrat. Albayrak said he won't impose capital controls and underscored the need to rein, in inflation and narrow the worst. Current account deficit in years chief economic adviser, to Alleanza Bloomberg opinion contributor Mohammed Al Arian says it's time to reduce Turkish exposure as. Restrictions on shooting. The lira only offer short-term relief I think Turkey is trying to fight the crisis management chapter and. The playbook format markets it's trying to go without interest rate. Hikes is trying to do it without the IMF that's hard it's not impossible, but it's hard Said he's also concerned by potential corporate bankruptcies higher inflation. And the odds of a recession now Australia's central Bank chief has said interest rates were likely, to remain at a record low quote for. A while yet while lamenting the local currencies resilience he was speaking in his semi annual testimony to lawmakers he noted that resilience of the Australian dollar in recent years he said that policymakers had hoped that as the Federal Reserve. Tightened it would drive the US dollar, higher and it's all the counterpart lower now currency that's that's a very difficult thing. To do for some time I've. Been saying that exchange rate would be better than a higher one and the reason I've. Been saying that exchange rate would live. Inflation getting inflationary closer to the midpoint of the. Target and. It would also, stimulate the economy So that was governor Philip below now, for the latest in global news here's Thank, you Morning, Jim Chancellor Angela Merkel's welcoming Russian President Vladimir Putin for the first bilateral meeting in Germany in more than. Five, years Bloomberg's Anna douse reports Mackel has been one of Putin's most outspoken critics next Crimea in two thousand fourteen and has also been the driving force behind us sanctions. Against Russia but more recently Mattiello's give them a tough. Position tops the Kremlin while officials from both countries played down the significance of MacOS invitation to put, him observers simple and speculate that this move has also been motivated by the fact that the US under Donald Trump is no longer seen as a reliable partner solving global conflicts in Berlin on adele's Bloomberg daybreak Europe Britain's Foreign Secretary step back. From comments he made claiming a no. Deal bricks it's would be. Hugely regrettable Jeremy hunt told. The BBC leaving the EU without a deal would be. A mistake we'd regret for generations. On Twitter, this. Morning though he said it's important not to misrepresent. His words he said Britain would survive. And prosper Without a deal that. It would be a, big mistake, for Europe because of inevitable impact on long term partnership with the UK Malaysia's high court ruled not to. Acquit, the two women accused of murdering the half brother of North Korea's leader Bloomberg's Utah has the details the judge pointed to a society footage showing the women in the. Shah and Vietnamese Antigua heading to bathrooms after which a. Court took as evidence that they knew liquid underhand is toxic demander of Kim Yong-Nam half brother of, North Korean leader Kim Jong UN in airport near Kuala Lumpur caused diplomatic rift between Malaysia North Korea last year if convicted would face the death penalty in Kuala Lumpur you the toll Bloomberg daybreak Europe US secretary of state Mike Pompeo's set up. A new group aimed at ramping up. Economic and political pressure on. Iran the so-called Iran action. Group will focus on ways to pressure the country back. To the negotiating table global news. Twenty four, hours. A day on ener tick talk on Twitter powered. By more, than twenty seven hundred journalists And analysts in more than one, hundred twenty countries I'm Ben Clarke, this is Bloomberg Markus thanks very much band let's also get you some morning sport. Has Andrew, who's Leo into the final round of Europa league qualify after another extra time when they beat Istanbul by Trish, one nil with a goal from Jack cork of the first.

us Mohammed Al Arian Europe Bloomberg Jeremy hunt Twitter Secretary Turkey Alleanza Bloomberg Vladimir Putin Britain Kuala Lumpur Bloomberg Markus Donald Trump IMF Malaysia North Korea Albayrak Steven Mnuchin
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:29 min | 3 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"Any. He's ever going to see a. Rate increases at timber. That isn't very likely usually doesn't preview. These things but it's not impossible we're interesting thing to watch is any Mark to market, on the inflation language, so the fed has been. Really carefully saying we are close to our two percent inflation has been moving up but we don't want. To declare. Victory yet Earnings come out tomorrow, Bloomberg's Greg Jarrett reports iphones and trade will come into question Charlie the Cupertino based tech giant is expected to announce fiscal third. Quarter revenue of fifty two, point three billion dollars Cording to analysts estimates compiled by Bloomberg that's in line with the company's recent forecast and translates to year over year revenue growth of about fifteen percent strongest travels June quarters since twenty fifteen the higher iphone, average selling. Prices increased services. Revenue unit sales growth for the apple watch should drive the expansion according to analysts. And that's Greg Jarrett reporting apple shares down six tenths of one percent as some p. five hundred index, also down six tenths. Of one percent down sixteen the Dow down one hundred and forty four down. Six tenths of one percent NASDAQ down one point four percent I'm Charlie Pellett that's. A Bloomberg business flash Bloomberg, best with June Grasso and Ed Baxter continues All eyes are on the US Federal Reserve this week as, the central Bank needs for its August policy meeting and some investors are now questioning how the fed will. React, to President Trump's comments about fed policy for more Bloomberg's Jonathan. Farrow spoke with chief economic advisor Mohammed Al Arian several point of tensions between this. Federal Reserve, and administration I'm having one of those points tensions will, be the administration look at the four or five years of sustainable free percents GDP growth and a Federal Reserve. It just doesn't believe it I guess, because it's not in the projections doesn't believe it as yet I think that you'll see the fed slowly migrating protections probably somewhere. Around two and a half, I think we've somewhere between two and a half percent but not a default percent that we saw last Friday Mohammed riding in his latest Bloomberg opinion following the fed is likely policies and behave internally and externally as if Trump's, remarks were. Never made might. Have a difficult time avoiding misinterpretations of what it ends up doing and why I'm having. It's going to be focused for you and, I later in the program. But I want to touch on it because it is, one of the elephants in the room. For the fed how do they deal with this ignored, simply there's a reason why people tell politicians don't go anywhere near commenting on central banks the history of political pressure on central on central banks is not very good.

Bloomberg Federal Reserve Greg Jarrett apple Charlie Pellett President Trump Mohammed Al Arian Cupertino June Grasso Farrow advisor Ed Baxter one percent three billion dollars fifteen percent
"mohammed al arian" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 3 years ago

"mohammed al arian" Discussed on Bloomberg Radio New York

"The age of seventy seven his spokesman says he's been battling cancer but had wanted to keep his illness private he passed away early this morning play news twenty four hours a day on and it took on twitter powered by more than twenty seven hundred journalists and allison more than one hundred and twenty countries i'm leon says is bloomberg markus thanks very muchly are now onto emerging markets relies on turkey's central bank today last month's three hundred basis points emergency interest rate increase hasn't stopped a market rout fueled by phase the political pressure will keep a lid on rate hikes meanwhile leonsis mohammed al arian has issued a warning on brazil's sliding reality for more let's bring in bloomberg's a mea editor for emerging markets donna l taiji who joins us live from dubai donna great to have you on the show so today's central bank meeting is billed as crucial not only for the lira but also for the power balance between the central bank and for the president what are the chances that we're going to see another hike well actually i mean the the market is quite split right now if you were to take a look at the survey a lot of the analysts don't actually see a hike but the hope is that the central bank will act on what many see is a situation that needs to be stabilized you know we we we do we do have a lot of people who hope for a rate hike up between fifty to one hundred basis points but whether or not we'll see that we're not sure especially since we've been getting quite a few conflicting signals from turkey over the past two weeks so turkey very much in focus when it comes to elsewhere in the emerging markets donna we are these idiosyncratic cases or are there signs of perhaps contagion elsewhere of course there's been the brazilian royale weakening over the past few days as well well the the thing is is that when we talk about contagion in an emerging markets it's it's it's very important to to look at the.

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