37 Burst results for "New York Stock"
Roblox Founder Worth $4.6 Billion
"Roadblocks david basuki is now worth four point six billion as shares soar. You see a chief. Executive of roadblocks may well be letting the sound made famous by the game after the firm's debut on wall street netted him four point. Six billion u s dollars. The gaming platform has risen in value by sixty percent to forty seven billion after its first day of trading on the new york stock exchange. It means it is worth more than some of the biggest game. Publishers including take two soft and electronic arts service sukey said it would help create a digital world that went beyond gaming to all those who helped us get one step closer to fulfilling our vision of the metaverse. Thank you he tweeted. The metaverse is a science fiction concept for a series of interconnected digital worlds where people hang up late games work and learn phrase was coined in a novel snow crash where it served as a virtual reality successor to the internet. The novel ready player one. And it's twenty. Eighteen film added patient depicted similar idea in its oasis in several games have attempted to create virtual worlds for real world activities. Roadblocks is the world's largest user generated game site players can also build and share online worlds. It is free to play. Relying on purchases paid for in currency known as robots for its income developers are also paid into virtual currency which can be converted back in a cash last year more than twelve hundred developers may ten thousand or more with three hundred making more than a hundred thousand
Fresh update on "new york stock" discussed on WTOP 24 Hour News
"Monday's session down 55 points the S and P 500 index lost. Just appoint Fed chair Jerome Powell says it is highly unlikely that the Fed will raise rates this year. 25 largest U. S. Banks saw customer deposits jump by 16% last quarter. Resting based homebuilder NVR has one of the priciest stocks on the New York Stock Exchange. And I briefly touched a record high more than $4900 a share, though it did close a little lower. Jeff Global Wtlv news well coming up after a traffic and weather shooting at a high school in Knoxville, Tennessee, leaving a student dead and a police officer wounded all that coming up after traffic and weather a 26 sweet aromas of the.
Roblox expects direct listing on NYSE
"The most popular gaming platforms is going public. Roadblocks is expected to start trading shares in the growing video game company on wednesday it will trade on the new york stock exchange under the symbol. R b lx roadblocks
Fresh update on "new york stock" discussed on Money Sense at Opening Bell
"Sometimes you learn things and you want her up to know that I know that's what am I gonna do with it? Right? And, um That crossed my mind when I was You know, a big fan of the writings of Mark Hulbert does a lot of good research and I was reading one of his pieces and he was talking about something I did not know which shouldn't surprise England. We're always learning things that we don't know. How about this for a piece of information? Maybe I'll throw it. Toulon, Sting audiences. What should one do, if anything with this kind of information, But, um Let's just start with this most of the gain in the S and P 500. That's in my view Opinions on this show of my own, but in my view, that is the most important stock index out there. I think it's the most representative. Not perfect, but the most representative of our indexes. Most of the games and the S and P 500 occur while you're asleep overnight. On average, this MP barely gains when it's open. It all comes from a study that was recently done called market Return around the clock, a puzzle. Couple of professors at the University of Illinois in Chicago and Michigan State University, put together study. It was a 14 year. Uh, study and what they did Woz. They analyzed tick by tick. Trade data for the S and P 580 many futures 22,004 in 2018. So crucial to this was their data really reflects trades that are done outside the normal trading hours when the New York Stock Exchange is open. Therefore, they were able to measure the proportion of the stock market's returns since 2004 that was produced while the New York Stock Exchange was closed. So what they found was over that period of time. All of the SNP's net return was produced between these air Eastern time frames. 11:30 P.m. and 3:30 A.m.. Average return was 7.6%. On average the rest of the time the market Gant produced a 0.8% annualized loss. About that. 14 year average. Needless to say, the pattern did not hold up in each and every trading session. Of course. Is pretty dog gone consistent for that long of a period of time. One of the indications of the consistency if you remove the 10 Of the 14 years in which the pattern was the strongest. The pattern still is statistically significant in the remaining form. By the way, this is one of the things that I like about whole Burt's work, which he often points out. He starts talking about statistical tendencies. He tends to make them meet the standard in statistics of what is considered to be relevant, which I think is something don't hold me to this one. But I think there's something like a 95% probability. May six, statistically significant. Not my area of expertise. It does goes. It goes to show he does hold a lot of his writings to a reasonable standard. And so one might say what you know what are the reasons For this kind of thing. What is uncertainty fall? Around 11 30. That one shouldn't be too hard to look into. Because that's when European investors begin to make their trades and their portfolios. They're on a different clock to remember. So the European investors start to make trades in the parole portfolio, and then the collective action of that helps to reduce The uncertainty that's built up in us. Since our markets closed the previous day. One of the issues here is markets don't do well around uncertainty. I know this is very Very fine. You know, it's just skimming the surface. We're now in a world in a market where fractions of a second matter in the trading world. We've all seen that. Anyway, I thought it was interesting, but you know again also this part back to you. What do you do with it? Don't have a good answer for that. I'm not sure it's particularly usable other than out now I know it. I don't know that it takes me somewhere. You know, I do think that Um That it's nice to know it, and it does allow us to kind of penetrate certain relationships. One of the authors of the study was saying that when you ask the question, why would there be an overnight pattern like that? And his thought was that the primary cause of night versus day pattern traces. See the stock market's reaction to uncertainty, which we talked about. But they obtained the tick by tick histories of the of the vics as well. That's the volatility index, The CBO We volatility index. They found that the vics And the many futures are inversely related. And so volatility index. On average that tends to fall significantly beginning around 11 30 Eastern times. He could tell us he how this starts Tomo to come together, but Anyway more information. Good information. Knowledge is a good thing over time. Hopefully these kind of things would be helpful. I'm Pat Riddell, along with General.
Arturo Di Modica, Sculptor of the New York Stock Exchange ‘Charging Bull’, Dies at 80
"The Italian sculptor Arturo Demote Akha, who created the bronze Bull statue near the New York Stock Exchange, died in his hometown in Sicily at age 80 demonic a lived in New York for more than 40 years and opened an art studio in Soho. He installed the 3.5 Ton charging bull without permission. On the night of December 16th 1989 it became the
Modern Oracles and Astrology
"Welcome to kids myths and mystery signer host. Kit chrome with this podcast. I begin a month long examination of modern oracle's and their methods of divination last friday. I mentioned how not all forms of designation demand a psychic or even a sensitive one. Such form of discrimination astrology as common popular astrology is today is complex but as mentioned does not rely on the reader having psychic abilities instead relies heavily on planets and stars. Initially you might scoff at the idea of pulling any kind of prophecy from the heavenly bodies. But let's take a look at the history of astrology. Mayan astrology is a variation of mesoamerican astrology. One of the most forward thinking kinds of astrology of times. Mayan calendar's comprised of twenty day signs and thirteen galactic numbers. Making two hundred sixty day. Calendar year the mayan study of the moon planets milky way son was some of the most accurate pre telescope astronomy in the world. Mayan astrology goes back to around the fifth century bc. Then we have england stonehenge. Gerald hawkins work on stonehenge was first published in nature magazine in nineteen sixty three following analysis. He had carried out using a harvard. Smithsonian ibm computer. Hawkins found. Not one or two alignments but dozens. He had studied one hundred. Sixty five significant features at the monument and use the computer to check every alignment between them against every rising and setting point for the sun moon planets and bright stars the position say would have been in in fifteen hundred bc so has astrology around for a while no doubt but let's go back to present to find out how astrology works. Here's a simple answer. Astrology works on many levels at the simplest level. It is not unlike a complex clock the uses the motions of the planets in a similar way to the movement to the hands on the face of a clock. Now let's dig a little deeper. Astrology is the belief that the alignment of stars and planets affects every individual mu personality and environment depending on when he or she was born. Astrologers print horoscopes and newspapers that are personalized by birthday. These horoscopes make predictions in people's personal. Lives describe their personalities and give them advice. All according to the position of astronomical bodies a survey conducted by the national science foundation found that forty one percent of respondents to their poll. Believe that astrology is very scientific. This begs the question astronomical bodies affect our lives. Solar flares cost electro magnetic disturbances on earth. That can disrupt satellites and even caused blackouts. The position of the moon costs us ocean tides. If you're a fisherman that position of the moon can have a significant effect on your livelihood. The solar wind causes beautiful aurora and sunlight itself is the main source of energy for our planet. Still the question. How is strategy as a tool of divination astrology uses a set of rules about the relative positions and movements of heavenly bodies to generate predictions and explanations for events on earth and human personality traits. Some used astrology to generate very specific expectations. It could be verified against outcomes. What does science have to say about astrology. Simply that it's not scientific yet. Hundreds of thousands of people have been influenced by designation nation provided by astrologers millions across america. No there astra logical sign and read their horoscope in the newspaper. Daily get this j pierpoint morgan. One of the world's greatest fight answers was suspicious of accepting planetary advice but ended up applying astrology to all of his personal affairs. John adams famous second president of the united states refused to sign the declaration of independence until the exact moment planetary indications were most auspicious. And this will really get ya jay. Jacob stout jeff pierpoint morgan and seymour cromwell comprised a bracket of three successive presidents of the new york stock exchange who utilized astronaut. Advice implanted their operations. They scoffed at this. However upon the arrival of the wall street crash these men had been warned by their astrologers and thus averted disaster disci- support astrology is a form of give nation. No has astrology affected millions of individuals over the centuries the answer is a resounding yes
GameStop shares surge after Robinhood eases restrictions
"The Bay Area have caused their financial partner to change its mind. The stock trading at Robin Hood says it will again allow investors to start trading Gamestop shares, a small group of investors have protested outside Robin Hood's headquarters in Menlo Park and outside the New York Stock Exchange. Robin Hood had blocked users from buying up shares of stocks and companies like Gamestop, AMC and BlackBerry Robin Hood restricted buying when Reddit users caused the stock prices to soar. Ah lawsuit filed in New York claims the APP deprived retail investors of The ability to invest in manipulate the open market. Rob Newton
Guest Teacher Janel Dyan on How to Invest in Womens Leadership in Your Company
"Today. We'll be talking about why in these unprecedented times. Women in leadership are essential to your company. Short-term growth and long term survival gender and racial equality are certainly hot topics of conversation right now but there are some organizations that are ahead of the curve and like me have been focusing on the equality of women and women of color for years and these are my clients women in leadership women on the rise women entrepreneurs and women at the helm of fortune five hundred companies today such so what lincoln and ford motor company and helping them grow as leaders. What i do best over the past seven years. I've worked with females of all colors and varied backgrounds from the bay area to new york. They are not only having a huge impact today but they are paving the way for all future female leaders industries historically dominated by men. And here's what i see. The companies who have made it a part of their core tenants to support an invest in diversity programs for the leadership development of women are the companies who are now today's industry leaders and it's not only for the products and services they provide but more importantly as a brand that people want to work for by from remained loyal to the shifted their measurable for success to include strong corporate culture of innovation employed growth customer loyalty and diverse leadership team who focus on purpose. And not just on the bottom line. They understand that their greatest assets are their employees and they have dedicated their efforts to be a brand that is people focused and purpose driven during our time together. Today we will focus on three lessons. You can walk away with first because women are. Today's largest and fastest growing global consumer companies need to shift their brand strategy to recognize the powerful role that women in leadership play driving economic growth. Next we'll take a look at why the greatest leaders are master storytellers and how powerful story can be and finally will cover some tips for building a culture with equality in its foundation including ways to establish promote an invest in fema leadership. So let's get started less than one. Women are the fastest growing global consumer and it's imperative that companies adjust according to. Brigitte brennan author. Why she buys and winning her business. Women make or heavily influence. Seventy to eighty percent of all purchases across all industries which means women are every company's largest target customer to truly capitalize on this customer trend companies. Must do a better job creating products and services with female buyers in mind. Companies must create a brand that women will buy from advocate foreign remain loyal to the companies who are most equipped to connect with women are led by other women and their leadership results have a positive impact. On company performance. The profits higher margins add more returns for investors leaders such as saffir cats of oracle and mary barra of general motors. it seems like commonsense. But it's actually not common practice. Facts are that only. Eighteen percent of global firms are led by women and according to this year's forbes annual report the number of women. Ceo's running fortune five hundred companies since it just seven point four percent so clearly. There are strong logical ethical and financial reasons to put more women at the helm according to study by mackenzie if we can close the gender gap by twenty twenty five twenty. Eight trillion dollars would be added to the global economy and to put that in perspective that is the size of the economies of the united states in china combined. Right now during covid and racial injustices at the forefront we find ourselves in a global economy with the future unknown. These challenges are now calling for new leadership no longer one of command and control but one of collaboration community one of the biggest actions that any leader can do right now is be transparent and empathetic to their team members and customers because anxiety and uncertainty are heightened during this time of crisis emotional connection on a basic human level between the leader and employee has never been more important than right now a recent study done in two thousand nineteen by mit sought to determine the makeup of the most effective leadership teams and those are the teams with the most women especially women of color as they are leaders who bring a deeper understanding of resilience. Women are also more likely to have empathy for those struggling to deal with change or lack of inclusion become role models for the change that they seek and are willing to share inspirational stories to motivate to embrace change they are in general more inclusive and collaborative making in leadership style which is a combination that continues to prove to be effective in getting companies to move faster in times of change lesson to the power of story. Why greatest leaders are master storytellers. We all love stories. In fact stories are what differentiates us as human beings. It is highly forged connections among each other and they'll trust as a community each stories an emotional journey that reinforces shared beliefs values and vision that we can all relate to from drawings on the walls of cave with stories of heroism folktales. That are full of more lessons to generational family tales. That remind us of our roots. Human beings need to feel that we are part of something greater than ourselves stories. Reminders that through tough times we will come out to the other side stronger wiser and more unified than ever stories. Bring us back to the beginning and remind us of who we are and what we do in stories creek clarity in our purpose and vision to get their. The greatest leaders are master storytellers. Simon sinek author of the power of y in infinite game says beautifully leaders aren't responsible for the results. Leaders are responsible for the people who are responsible for the results. It is during these times of crisis that provide an excellent opportunity for leaders to communicate stories of incredible vision for the future showing empathy advising with humility and providing optimism. For what lies ahead. They also understand marketing at its core is simply about storytelling. and it is the stories. They choose to tell that can differentiate brand as an industry leader communicating the values of the brand with the product and services they sell. I mean who wasn't choked up watching google's tearjerking super bowl ad of a love story that began with a simple question how not to forget. So tying back to what we learn in less than one about women being the largest and fastest growing global consumer with the understanding that stories have power companies must give their products and services a story that women now can relate to and what better way to do that than with women at the helm leading the way finally lesson three building corporate culture with gender equality in its foundation companies with strong female leadership such as new york stock exchange. Pwg and google are continuing to create more equitable inclusive and fulfilling workplaces for all women and the investments are already proving to return tenfold to their bottom line.
NYSE Says Again It Will Delist Three Chinese Telecom Stocks
"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech
China criticizes US order against dealing with Chinese apps
"Beijing has criticized a U. S. Wilder against dealing with Chinese apps China's government has accused Washington of miss using national security as the excuse to hold commercial competitors after president Donald Trump signed an order banning transactions with payment services Alipay and WeChat pay and six other apps Tuesday's order escalated a conflict with Beijing over technology security and spying accusations that has plunged US Chinese relations to their lowest level in decades he follows confusion in financial markets off to the New York Stock Exchange announced last week it would remove three Chinese phone companies and then withdrew that plan Monday I'm Charles last month
NYSE does a U-turn on Chinese telecoms delistings
"New york stock exchange announced. It will no longer delist china. Telecom china mobile and china unicom last week. The exchange trading stocks would be suspended on january seventh ahead of a full delisting to be in compliance with an executive order that forbid trading of shares in companies tied to the chinese military. The exchange did not say what changed in terms of compliance to that executive order other than to say it will continue to evaluate the applicability of the order to those companies
NYSE says it will no longer delist three Chinese telecom giants
"Pressure on China. However, the New York Stock Exchange says eat no longer plans to deal is three Chinese telecommunications giants after consulting with the Office of Foreign Assets Control. The index said it had originally planned to drop the Chinese telecom listings in order to comply with President Trump's November executive order, which bars American Companies from investing in firms he claims, eh. The Chinese military Chinese Security Regulatory Commission on Monday said the order was based quote on political purposes. Other major indices including the S and P and Dow Jones have taken steps to comply with the order, which will go into effect next Monday. Showman. JAL fucked me
Stocks fall as trading starts for year of great expectations
"The closing bell at the new york stock exchanges. We raffled trading on this monday january fourth and it was a down day down star to the new year for wall. Street volatility gripping financial markets spurring a stock selloff amid concern that a surge in global corona virus cases could crimp the economic recovery traders also jittery ahead of tomorrow's runoff elections in georgia which could determine whether democrats have control of congress to push president elect. Joe biden's agenda so a down day read on the screen however we finished well off session lows right to the numbers s and p down fifty five drop today of one and a half percent. The dow down three hundred eighty two down one point. Three percent nasdaq lower by one hundred. Eighty nine points a drop of one point five percent to put those numbers in context that the worst love of the day the snp have been down ninety three a drop of two and a half percent. The dow had been down seven hundred twenty four down two point four percent again the snp ending the day with a loss of one and a half percent.
China warns of retaliation for NYSE's delisting of companies
"Threatens to take unnecessary measures in response to New York Stock Exchange delisting. Of three companies. China bound on Saturday to respond to the delisting of three telecom companies.
China says it will respond to delisting of telecom giants
"Vowing to respond after the New York Stock Exchange said it will delist three Chinese companies following an executive order from President Trump. Will bar Americans from vesting in firms believed to be linked to China's military, NPR's John wrote reports. The investment band takes effect on January 11th. The New York Stock Exchange said on Thursday it would complete the delistings by then. Companies are China Telecom, China Mobile and China Unicom, Hong Kong all our major state owned telecommunications firms. China's Commerce Ministry says the U. S move hurts the interests not only of the Chinese firms but also investors outside China. Including in the United States. It says it will also damage confidence in US capital markets. In response, China will take necessary measures to quote resolutely safeguard the legitimate rights and interests of Chinese enterprises. It did not give details of what that would entail.
NYSE to Delist China's Major Telecom Operators
"China says it will take necessary countermeasures in response to the New York Stock Exchange announcement that it will delist three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom Hong Kong with trading of the company's suspended in early
New York Stock Exchange to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China warning of retaliation after the New York Stock Exchange delisted three major telecoms China Telecom China Mobile and China UNICOM President Trump issuing an executive order to ban publicly traded companies owned or controlled by the Chinese military. China's calling the move and abuse of national security. Trading will be suspended the second week in
NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China says it will take necessary countermeasures in response to the New York Stock Exchange is announcement that it would d list three major Chinese telecoms AP Correspondent Julie Walker reports. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. That the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker,
"new york stock" Discussed on KLBJ 590AM
"An escape from New York stock spreading the news. They're leaving today. They don't want to be a part of it. NEW YORK New York A new report from Douglas Element Mila Samuel says the New York City is facing record apartment vacancies. It's leading to lower rents across several burrows after residents fled the city during the pandemic. One thing that landlords were doing to lure new tenants is to offer free months on the least, usually at the end of a full 12 months, which leads to a reduced overall rent. But it's Still uncertain how many will return. New York has managed to flatten the pandemic curve. But a shift back to the city may depend more on telecommuting than any incentive that the city or landlords can offer. Sandy and dress Oh Fox News Lightning from a rare summer thunderstorms, sparking several small fires in Northern California early Sunday. Those Stoking a big forest fire that's forced hundreds of people from their homes north of Los Angeles AA Defense Department task force now being put together to investigate military UFO sightings. The Pentagon is now so interested in those cockpit videos in which military pilots are pursuing something they can't identify their now forming a high level task force. Instead of like those SciFi movies where the government tries to keep UFO discoveries under wraps, both the Pentagon and members of Congress have been discussing those things open. While they're doubtful those flying devices are from another world. Some brass express hope they could be alien UFO's, they say, would be better news than earthbound adversaries coming up with a new technology. Evan Brown Fox News. It's being billed as the first Mediterranean cruise after Italy's Corona virus pandemic shutdown. Passengers boarding the MSC.
Expand 2 - 10:23 - Episode 2 - 16:00 07-07-2020 16:00 - burst 1
"All of the world twenty-four hours a day and bloomberg.com on the Bloomberg business app and Bloomberg quick take is Bloomberg Radio losing Bell. Wrong with the world headquarters on Charlotte, There was a down day on Wall Street Stock slumped Airlines and hotels particularly hard hit amid signs at World economy has a long way to go get back on track down for the closing bell at the New York Stock Exchange almost four shares fell on the S&P 500 index for everyone the gained the tech-heavy NASDAQ gauges dropped off a record intraday high in the afternoon a losing session there at or near session lows has some peace about 34 points down 1.1% NASDAQ retreating from yesterday the record down eighty nine point to drop of nine tenths of 1% the downtown 396 points down one and a half percent lot of those losses really coming in the past fifteen minutes of trading the year of 12 30 seconds with the yield of .63% gold of twelve dollars an ounce of $0.07 1% $17.90 an ounce and West Texas intermediate crude down to 7:10 to 1% off.
Expand 3 - 10:23 - Episode 2 - 16:00 07-07-2020 16:00 - burst 1
"All of the world twenty-four hours a day and bloomberg.com on the Bloomberg business app and Bloomberg quick take is Bloomberg Radio losing Bell. Wrong with the world headquarters on Charlotte, There was a down day on Wall Street Stock slumped Airlines and hotels particularly hard hit amid signs at World economy has a long way to go get back on track down for the closing bell at the New York Stock Exchange almost four shares fell on the S&P 500 index for everyone the gained the tech-heavy NASDAQ gauges dropped off a record intraday high in the afternoon a losing session there at or near session lows has some peace about 34 points down 1.1% NASDAQ retreating from yesterday the record down eighty nine point to drop of nine tenths of 1% the downtown
"new york stock" Discussed on Marketplace with Kai Ryssdal
"This is marketplace. I'm Kai Ryssdal. It was as you just heard the sad music today days of endless trade wars and all that but as iconic onic as we here at marketplace would like to believe the sad or the happy music is free market. Capitalism does have another sonic signature. The sounds the begin and end end the trading day marketplace Justin Ho as that one. It's nearly nine thirty in the morning. The trading day is about to officially begin right now a few players from the Harlem globetrotters or standing on the marble balcony above the bustling trading floor of the New York Stock Exchange. At at the moment there tossing basketball's back and forth with the crowd below. Finally it's time the Harlem Globetrotter. Big Easy Lofton is pressing the button that brings about the other hand. He's spinning a ball on his index. Finger Lofton's supposed to ring the opening opening bell for ten seconds. The closing bell rings longer. You must hold that button down for fifteen seconds. They tell you that if you don't hold the button down for fifteen seconds. The members are going to you that you didn't do correctly. That's Jim Sheehan the CFO of Hormel foods the company behind Spam Columbus meats and skippy peanut butter back in October. The exchange invited the company to ring the closing bell. Fifteen minutes before it happened Hormel. CEO Surprise she by giving him the job of pressing the button. You know. I've the company for forty one years so I've had a long career with a company. It's one of those things. It is almost a culmination of career for me. The exchanges used brass bells. It's the book in the Trading Day ever since nineteen ninety-three before that used a Chinese Gong and usually exchange officials would ring the bell then in Nineteen ninety-five the NYSE Eleusis started inviting companies to do the honors. John Steele Gordon is a Wall Street. Historian he says it was the early days of the DOT com boom. TV news was covering more of what was what's happening on Wall Street and companies realized that ringing the bell could give them a little publicity an talker. Shane was more than happy to make this available because it gave the New York soccer change good publicity Blissett to people end up on the marble balcony for all sorts of reasons executives during the bell when their companies go public. Or if they're releasing a new product the Harlem globetrotters. We're about to start an international tour but he lose the exchanges executive vice chairman. This year alone. You Know Uber. For instance of course rang if for their IPO and they have one of their drivers ring the Bell we had first Malania trump com recently and she rang the bell. It almost feels like when you give away the key to the city. That's Ian Bremmer founder of the consulting firm. Eurasia group like the mayor does that. It's kind of this on Riddick in a place that a lot of things seem ephemeral. It's something that we've been doing wing for an awful long time. He's running the bell twice once in two thousand nine again in two thousand eighteen. After he started a new media company called Jesus Zero Media both times he you said the Stock Exchange invited him was like yeah. It was a great new company. You're doing and when you when you have a chance. Let's figure out a time that you guys come and ring the bell and it wasn't something we were lobbying for Betty. Lou didn't divulge olds how the selection process works. But there's a request form on the NYSE website. The form says the bells reserved for public companies listed on the exchange. But sometimes there there are last minute opportunities for deserving nonprofit organizations we were on our way to present our work out a fundraiser. And got this call at six thirty the evening before the bell was supposed to be wrong. That's BECA DEMEO. She's the executive director of city. Growers nonprofit that teaches teaches young people about farming. Apparently the company that was supposed to ring the bell had dropped out the chair of the Board of Seger's Georgia she called and just said Hey guys wandering the opening bell for the New York Stock Exchange and I was like. Oh is that a thing. Is that something we should do in Georgia like yes BECA. It's definitely something we should do. DEMEO had thirty minutes to throw together a list of people who would be there. She brought along a few colleagues. CD Growers Program Manager Rennell. Saint George Press the button. I was really excited about it because I I did. Learn about bringing the bells economics watching Saint Your ring the bell you can tell he's excited he'd beams as does. He presses the button with his fist in the air. Yeah I was trying to pump the Margaret. I was trying to be sure as the day after ring. The Bell Saint George signed the wall in the back room and went home with a plaque that day. The S. and P. Five hundred and the Dow closed up in New York. I'm Justin how for marketplace regular listeners will know that we talked on a pretty regular basis with the CEO's of companies that shape our everyday lives. You can listen to those interviews in their entirety by the way on our corner interoffice podcast but those companies are mostly big entirely for profit and generally corporate companies the next couple of weeks though. We're going to talk to people. Running nonprofits the profits and charities which it has to be said here also shape people's lives we start with co-presidents of an organization called baby baby. Kelly sorry Patrick often nor Weinstein. Run the thing you're off. When they came into the studio the other day with the elevator pitch our elevator pitch is very simple? And it's that we provide provide diapers clothing and basic essentials to children in poverty. Who deserve them? And I say that it's simple because it's really a very old fashioned. Shen form of charity. People generally want to help children in need and we give them a very tangible way to do so. There are though Kelly dozens hundreds hundreds of organizations with a very similar mission statement. What's your business differentiator? I think we've always looked at baby the baby as a business snus and we've never looked at it as something that was going to be small and that was going to help few and I think people got behind us because no oh like there's no food stamps. Don't cover diapers. These families are paying to fourteen percent of their income on diapers. It's so expensive. And when and you really like look at these facts you can't imagine being in this situation and not being able to put a diaper on your baby or emptying your baby's diaper out and hanging out to dry Brian putting it back on your baby. Those are the realities that the families we serve a facing. Of course I don't know that there's hundreds or thousands thousands of organizations doing similar work. There are some and we partner with them. Admire them in. Want there to be more and more. But we're truly a middleman to these other organizations where we are solely focused on getting them diapers clothing car seats strollers warm clothing pajamas. Tom Is bottles formula school uniforms backpacks. And there it's actually. There are actually not that many so it's sourcing and distribution right so in essence you two. We're running a logistics company. We are found ourselves running in logistics company. Now what we thought when we started. Well no but but look you you and this company and where we are in the city you to you come with differentiator and that is the role of of influencers and celebrities and your social circles that have permitted you to expand How did that come to pass? Did you just call Jessica Alba and say. Hey D- do you have some servers. It's funny We we tell the story a lot and we. He had a event where we begged our friends to help us get alcohol sponsors and spaces sponsored and all these things. And we invited Ed Jessica. Alba and Nicole Richie who are two of our founding board members and one of our friends who is NPR. Who happened to help us out? That night I I took a photo and the next week. This photo was in US weekly magazine. And it said the baby to baby event with just Galvin Richie itchy. We weren't into photo we're we're okay. We're at our six hundred square foot warehouse and we got a phone call and it was like hello this is NPR. And we'd like like to throw an event with you and we like to give you one hundred thousand diapers and one hundred thousand dollars represented Kimberly Kaku. They never. Yeah so we were in the business of saying yes and as they were saying. Do you accept pallets. We were like what. What is a pallet? But of course we accept ballots and they were like. Do you have a forklift and we're like yeah. We have a forklift. We had no forklift with nothing and the truck showed up with two hundred thousand diapers and we unloaded at ourselves with our one intern in our heels and they flew off the shelves and we realized that early on that utilizing these influencers and celebrities could be a key to our success and growth so we've continued to surround ourselves with a group of women both board members and extension one of our board that we call our Angel Group and they're not names on piece of pieces of paper they are women and they're all mothers and they bring in their own own companies to volunteer. They also give us millions of items from companies that they've started. They do similar events where in return for a sponsorship. They will will pose for a photograph that allows us to get millions of dollars and millions of customs. So we've utilize them and it's it's really worked so there's a growth in scale question GonNa be asked right show. How are you going to grow this in a way that lets you stay true to your mission? When there's so much opportunity in short so I would start by saying I'm going back to the narrow mission because what we have found is we have identified this category of need which just for these basic essentials and it is not stopping? We have at all times a wait. List representing over fifty thousand children in Los Angeles alone on the numbers in the country are exponentially more than that and every homeless shelter hospital domestic violence. Alan Shelter School district. That hears about US says we would love to be a part of this so our ski. So we're not. We're not interested in growing beyond the mission of doing doing that. We're interested in reaching more children with the mission that we've already established nor Weinstein Kelly. Sorry Patrick companies called baby baby. Thanks you too for coming in. Thank the extended version of that interview. Kelly Sawyer Patrick often a Weinstein. The co-presidents of baby baby baby. The baby is on our corner office. PODCAST including by the way how that whole co President.
"new york stock" Discussed on Bloomberg Radio New York
"The New York Stock Exchange for putting on this Thursday July eleventh looking at records for the Dow and the S. a move lower for the nasdaq composite index at the bell the Dow up two hundred twenty seven points are by eight tenths of one percent at twenty seven thousand eighty seven S. and P. up six closing just below three thousand twenty nine ninety seven there's a decimal involved there twenty nine ninety nine actually point eighty seven up by two tenths of one percent nasdaq lower by six a retreat for nasdaq down by about one tenth of one percent as for the economic backdrop Michael Sheldon is chief investment officer at party M. financial group he was our guest moments ago right here on Bloomberg businessweek most leading economic indicators don't point to a recession right now they point to a slowdown or more moderate growth compared to two thousand eighteen for example so we don't see a recession ahead obviously things can change we're still of the opinion that that somehow China in the United States will be able to resolve their differences and if that can happen that can provide a boost for consumer and business confidence which I think would help promote stronger economic growth the tenure down nineteen thirty seconds with the old of two point one two percent these headlines from the Bloomberg professional service the Boeing executive in charge of the seven thirty seven MAX program is retiring and Accenture has named Julie suite has the next CEO this according to the F. T. gold floor by eight tenths of one percent today an ounce of the precious metal of fourteen oh seven West Texas intermediate crude higher little changed up four cents at sixty dollars forty seven cents a barrel that was a gain of less than one tenth of one percent actual technologies buying closely held biotech instruments for one point one seven billion dollars recapping records on Wall Street S. and P. up six a gain there of two tenths of one percent the Dow Jones industrial average higher by two hundred and twenty seven points up by nine tenths of one.
"new york stock" Discussed on Pantsuit Politics
"And I started a business became very successful. I in public on the new York Stock Exchange, but I'm gonna have never been able to start that business unless my wife April had a job with healthcare. We were thinking our young family, and you know, these kind of stories are everywhere. People don't start businesses 'cause healthcare they try to get a better job or go back school and get some skills showing credit for universal health care. And I have a way to do it. I think makes more economic sense as holy paid for an involves having you know, a mix of government and private insurance as your. Out campaigning are the American people sort of following this tit for tat back and forth. That's going on in Washington. DC are people just completely frustrated in knock following that narrative at all are people happy with where healthcare is or are. They ready for it to change. I'm wondering is you're taking the temperature. What you're hearing. Such a big industries. You know, it's the six of the US economy. And so really does depend on your perspective. I mean, people have Medicare very happy with Medicare a lot of people have commercial insurance are actually very happy with their commercial insurance. Most people know that many doesn't nearly pay enough right in in states continue to do things to put pressure on Medicaid. And that's hurting a lot of low income Americans Americans are very very frustrated with what's going on for Masuko prices that really until and that comes up in every kind of town hall meeting. I have which is one of the reasons I really think in a leadership role in doing things to get former suitable prices under control what's going on with with drug prices in this country, and how affects the average Americans terrible. And it's also, you know, which really unfair US citizens really in many ways subsidize the whole world pharmaceutical industries being 'cause you know, if you go to Europe in Germany or Spain or Great Britain, they pay about a third for that. We. And it's really unfair. So we gotta get on the level plains the rest of the world, we guy get those drug prices down. About shifting something that creates such a huge component of our economy because on the one hand, we think about how expensive healthcare is because it's part of the private sector on the other a lot of people work in healthcare and work in health insurance and work in brokering health insurance for employers. So when you think about policy that would dramatically shift our system, how do you think about all of the unintended consequences of that policy? It's also one of the reasons like some of the early proposals out single payer healthcare. I think we're really guided because they said things like you can't have four profit healthier companies. And I'm like, well, why would we be behind the fall like there's a lot of people who work for four profit healthier companies country. And why would we ever Kratz try to make those companies a legal that doesn't make any? It also doesn't make any sense to get rid of private insurance. Because if you look at the healthcare market right now about eighty percent of healthier costs or paid by Medicaid. So if you only took Medicaid, you were hostile for example, you'd lose twenty percent Medicare only pays about ninety five percent of healthier costs..
"new york stock" Discussed on WIBC 93.1FM
"He has worked as an arbitrator and mediator for the NASDAQ the New York stock exchanges. He runs Myron associates, which is a Florida based investment and consulting firm. And of course, we're going to talk about all these issues that affect all of us. Joseph. Welcome back to the program, George. Thank you for having me has your guest, always a pleasure to visit with you, George. Thank you so much. You should be the mediator on the government shutdown. We gotta get this thing. Going again Joseph. It's a mess. My gosh. I mean is anybody going to budge? I hope so. Nobody's blinking right now. So what do we do? That's the that's the million dollar question. George. No one sees the answer as to what we do. I mean, and how long can a government last without funding before everything starts collapsing. Not very long. No, we've got to be the laughing stock of the world right now. Well, we're certainly not looking too good right now. That's for sure right now Joseph the stock market took it on the chin toward the tail end of two thousand eighteen a little rebound, but not much. What's what's what's the picture? Looks like for two thousand nineteen. Oh, I think we're entering a recession. And I think we're in the midst of a bear market, George. That's what I think is ahead of us, quite frankly. And no one at this point is prepared for that. I won't makes you say that. Well, when you look at the volatility, I think it's indicating very clearly that we've gotta change your trend underway, and we've had rising interest rates, as you know, for two years when I think it's ended the bull market, and it's push this into a recession, although it's very early. If we hit a recession in two thousand nineteen is going to affect no doubt, the two thousand twenty presidential election is absolutely George. No question about that. And it would look bad for the precedent. Right. Well, it certainly wouldn't look good. I think that has to be said so I mean, would they try to hold off or what? Oh, I think that would be the plan. But I think when you look at what's going on in Europe is going to spill over come across the Atlantic. It's not a question of is. It's a question of when George tell us now Joseph what is happening in Europe. They they seem to be a little bit of pandemonium over there. What's going on? Well, I think the biggest fall as we go forward with the European Union is the banks that upon the European Union is, you know, Italy's banks are in trouble. And I think he could be the next sovereign nation to river have some big problems affect affect us dramatically here in the US, George how so. Well, I think he's banks connected internationally, and he can't paper over these loans anymore. You can't keep printing money at the end of the line. Well, that's true Joseph. No question about it. Now, what about the housing market? You know, the bubble hit us in two thousand seven and eight with those derivatives and the housing market fell apart and everything else can that duplicated self against sadly, I think you hit the nail on ahead. That's exactly what I think is your head of his Georgia, repeat if I've tobacco. Now, what are the signs out there? Well, I think quite frankly housing is just too high for the average American we got mortgage rates going up and people being required. Now, my one misdemeanor very strict criteria to buy those are the things that I think it changed the market George. What about the interest rates Joseph? Well, quite frankly, in my humble opinion. I don't think they've done going up. Oh, gosh. The higher. They go the worse. It gets. That's exactly right. George. Well, you see this. I see this don't they see this. They don't wanna see it George quite Frank where they want to believe the good times will last forever. And you, and I know that's not the case. They can't be that crazy or dumb Joseph. Denaro george. Denial on purpose or denial out of naievety. Both that's dangerous. Very dangerous, George. We're living in dangerous times. What about the stock market? Let's get back to that. For a moment. How's that looking forward? I think we made a peak on September twenty first. And I don't think we'll look she down level twenty six nine fifty one twenty nine forty s and p five hundred eighty one thirty three and the NASDAQ. I don't think we'll surpassed lows George again in my humble opinion for at least a decade. I really don't we talk a lot about gold and silver investing on the program. Joseph in the last time, we talked you were very positive about gold and silver. How are you feeling now about Bush, and I've ever I think it's gonna be the best performing us a class in twenty nineteen twenty twenty George and safe to isn't it? Yes, it is. And side of the factual that gold and silver all storage of value. Went ahead you against inflation. Now, would they do this? When they hedge against inflation. We hear that China, for example, they're involved. What are they doing with all the selling oil for gold or something? Yes. Fail. Iran is selling oil for gold. China's buying oil for gold, rush you selling oil so go this is a much different time George most fail to recognize what's truly going on international. Well, they used to use dollars. Right. Yes. They did. And so they're getting out of that. That's dangerous. Isn't that? What got Saddam Hussein in trouble? That's exactly what got them in trouble, George. He got he decided he wanted to get out of the dollar and the us what other of the currencies is available to him. And we said, no, you're not and look what happened about what are we going to do? We're not gonna do anything to Russia and China are we? Well, let's hope we don't we? I don't think we can. Boy, you know, when you talk about Russia's suspension situation, but I'm more concerned with China, and George tell me why they're sitting on three point one trillion dollars a US denominated assets. They've they've refused to buy any more government bonds. But they haven't sold yet. There's also sitting on about thirty thousand tonnes ago. Most people don't understand that. That's a lot of gold while they go, George, no two ways about it. They report only whole thirty one hundred times just I've always heard that. We don't have any gold at Fort Knox that. It's just a ruse. Well, we haven't had an order four knock since the Korean war in nineteen fifty three. So who knows if there's any goal George you go in there, and it's empty, but we're guarding something trying to give people the impression that it's still there. What guarding a building? Exactly, exactly. And then we lose a lot of gold in the towers during the nine eleven disaster. Yes, we did. They had it stored away there or what? It was stored in in the World Trade Center, but it's been accounted for Joseph liar with us. His website is straight money analysis dot com linked up at coast to coast AM dot com. So if you're just, you know, a person married couple kids, you you've got a, you know, respectable income. How do you protect yourself against what you think is going to happen? Well, I think you got on gold and silver. There's two ways about it. You wanna have adequate cash reserves, George these are times when you need cash if you're in the stock market you want to show you winners and cut back on your loses moved to the sidelines because I think we're looking at significantly lower prices this market. No derise. It has been generational is gonna devastate the average portfolio. No two ways about it, George if you had cash, and you're paying let's say eighteen percent on your credit cards. Would it be who've you to pay off those cards with that cash? Definitely. It would. Okay. Even though cash is king. And you may deplete your your cash reserves. You should still pay it off. Well, you don't want it the fleet you cash reserves in Hollywood, you wanna use support pay down credit card debt because those interest rates are exorbitant makes sense it stay with us Joseph. We're gonna come back in a moment and take some phone calls with you our listeners very concerned as.
"new york stock" Discussed on KTOK
"He has worked as an arbitrator and mediator for the NASDAQ the New York stock exchanges. He runs Myron associates, which is a Florida based investment and consulting firm. And of course, we're gonna talk about all these issues that affect all of us. Joseph. Welcome back to the program. Good evening, George. Thank you for having me has your guest, always a pleasure to visit with you, George. Thank you so much. You should be the heater on the government shutdown. We gotta get this thing. Going again Joseph. It's a mess. I gosh. I mean is anybody going to budge high hold? So nobody's blinking, right? Now. So what do we do? That's the that's the million dollar question. George. No one seems to have the answer is to what we do. I mean, and how long can a government last without funding before everything starts collapsing. My very long. No, we've got to be the laughing stock of the world right now. Well, we're certainly not looking too good right now. That's for sure. Now Joseph the stock market took it on the chin toward the tail end of two thousand eighteen a little rebound, but not much. What's what's what's the picture? Looked like for two thousand nineteen. Oh, I think we're entering a recession. And I think we're in the midst of a bear market, George. That's what I think is ahead of us, quite frankly, no one at this point is prepared for that. I want makes you say that. Well, when you look at the volatility, I think it's indicating very cool. Only got we've got to change returned underway, and we've had rising interest rates as you know, for two years. And I think it's ended the bull market, and it's pushed us into a recession. Although it's very early. If we hit a recession in two thousand nineteen is going to affect no doubt, the two thousand twenty presidential election is absolutely George. No question about that. And it would look bad for the president. Right. Well, it certainly wouldn't look good. I think that has to be said so I mean, would they try to hold off or what? Oh, I think that would be the plan. But I think when you look at what's going on in Europe is going to spill over come across the Atlantic. It's not a question of if it's a question of when George tell us now Joseph what is happening in Europe. They they seem to be a little bit of pandemonium over there. What's going on? Well, I think the biggest fall as we go forward with the European Union is the thanks that upon the European Union is, you know, Italy's banks are in trouble. And I think it could be the next sovereign nation to really have some big problems affect us dramatically here in the US, George how so. Well, I think he's banks connected internationally, and he can't paper over these loans anymore. You can't keep printing money, George. We're at the end of the line. Well, that's true Justice. No question about it. Now, what about the housing market? You know, the bubble hit us in two thousand seven and eight with those derivatives and the housing market fell apart and everything else that duplicated self against sadly, I think you hit the nail right on. That's exactly what I think is ahead of us, Georgia repeated tobacco. Now, what are the signs out there? Well, I think quite frankly housing is just too high for the average American we got mortgage rates going up and people being required by the neither very strict criteria to buy those are the things that I think it changed the market George. What about the interest rates Joseph? Well, quite frankly, in my humble opinion. I don't think they've done going up. Oh, gosh. The higher. They go the worse. It gets. That's exactly right. George. Well, you see this. I see this don't they see this. They don't want to see George, quite frankly, they want to believe the good times will last forever. And you, and I know that's not the case. They can't be that crazy or dumb. Joseph learn denial, George. Well, denial on purpose or denial out of naievety. Both that's dangerous. Very dangerous church. We're living in dangerous times. What about the stock market? Let's get back to that. For a moment. How's that looking? I think we made a peak on September twenty first. And I don't think we'll see Dow level twenty six nine fifty one twenty nine forty s and p five hundred eighty one thirty three and the NASDAQ. I don't think we'll surpassed these Lowe's, George again in my humble opinion for at least a decade. I really don't we talk a lot about gold and silver investing on the program. Joseph in the last time, we talked you were very positive about gold and silver. How are you feeling now about Bush than I've ever been? I think it's gonna be the best performing asset class in twenty nineteen twenty twenty George and safe to isn't it? Yes, it is. And people outside of the factual knowledge that gold and silver storage guy. You went ahead against inflation. Now, would they do this? When they hedge against inflation. We hear that China, for example, they're involved. What are they doing with all the selling oil for gold or something? Yes. Fail. Iran is sewing oil for gold. China's buying oil for gold rush selling oil so gold. This is a much different time George most people fail to recognize what's truly going on internationally. Well, they used to use dollars. Right. Yes. They did. And so they're getting out of that. That's dangerous. Isn't that? What got Saddam Hussein in trouble? That's exactly what got them in trouble. George. He got he he decided he wanted to get out of the dollar and us what other the currencies is available to him. And we said, no, you're not and look what happened about what are we going to do? We're not gonna do anything to Russia and China are we? Well, let's hope we don't we? I don't think we can. Well, you know, when you talk about Russia's special situation, but I'm more concerned with China, George tell me why sitting on three point one trillion dollars a US denominated assets. They've they've refused to buy any more government bonds. But they haven't sold yet. There's also sitting on about thirty thousand tonnes ago. Most people don't understand that. That's a lot of gold while the goal, George. No two ways about it. They report only whole thirty one hundred times just a vibe always heard that. We don't have any gold at Fort Knox that. It's just a ruse. Well, we have an avenue audit four knock since the Korean war in nineteen fifty three. So who knows if there's any go George go in there, and it's empty, but we're guarding something trying to give people the impression that it's still there. Guarding a building. Exactly, exactly. And then we lose a lot of gold in the towers during the nine eleven disaster. Yes, we did. They had it stored away there or what? It was still in the World Trade Center, but it's never been accounted.
"new york stock" Discussed on KGO 810
"Day. The new York Stock Exchange has a half day today, but the shorter trading day is not expected to slow the drop in stock prices. Thanks, stocks were set to have a negative day. Thanks to a phone. Call made to executives. I Treasury Secretary Steve Mnuchin or Steve Kastenbaum explained. The Treasury Secretary called the CEO's of the largest banks in America apparently to calm concerns. But the thing is those CEOs weren't showing great concern analysts that those banks have been saying for a while that economies around the world are slowing, but they still an -ticipant growth in two thousand nineteen. In a written statement, Steve Mnuchin said the executives assured him that their banks are healthy and have ample liquidity to lend to consumers and businesses. He said quote markets continue to function properly end, quote, the president's public discontent with the fed reserve chairman and the government. Shutdown are adding to uncertainty on Wall Street. Steve kastenbaum. New york. Indonesia's disaster agency says the death toll from the weekend. Sue NAMI is now at three hundred seventy three the agency says one hundred twenty eight others are missing correspondent Ivan Watson tells us what experts say caused that's to NAMI this island in the middle of the cinder straight which erupted on Saturday and the scientists in Indonesia say that he dumped more than one hundred fifty acres of mountainside into the ocean. And that's what created this deadly natural disaster Defense Secretary, Jim Mattis plans to leave his post in about a week that's much earlier than he had thought Pentagon correspondent Barbara Starr has the latest President Trump yesterday having secretary of state, Mike Pompeo, call Mattis and tell him he'll be gone by January. First outputs deputy Secretary Patrick Shanahan in place. Spacex is launched the US air force as most powerful GPS satellite ever, built a falcon nine rocket blasted off from Cape Canaveral Florida yesterday hoisting that satellite into orbit Heather Wilson. The secretary of the air force. She says the next generation GPS satellite is three times more accurate than previous versions and eight times better at anti-jamming. And China's legislature is considering a law to prohibit government officials from pressuring foreign companies to hand over technology to practice that helped spark Washington's tariff war with Beijing. The communist government has long denied complaints that companies are required to trade technology for market access, but has promised to crack down on it. The official news agency. There says a proposed law on foreign investment would make clear government agencies. Cannot force the transfer of technology. I'm Kim McAllister. We're back to Armstrong and Getty.
"new york stock" Discussed on KSRO
"Man. Welcome back to coast to coast, Mark Lerner with us. We'll take calls with Mark next hour. We will talk about some major events that affect all of us, Mark. Let's talk with what start with what happened today. The stock market jumped up big time. How does it look to you? Well, we're hitting October in October has had rash month. Yeah. Of course, like the ninth October twenty fourth and twenty nine th says nineteen twenty nine the big ones. And then October nineteen nineteen eighty-seven the one day crash. I'm not anticipating anything like that. At least not at the moment. The one thing that is interesting, though, is that the the people call this planet Bernez Iran of Uranus, depending on their pronunciation, but that plan at the first of the outer planets, we just so powerful when America was born because when seventeen eighty one when the American revolution was one is is the same year that you're honest was cited by, sir. William Herschel ironically in bath England, but any rate that planet has just gone into touris. Okay. And Torres is the main sign of money and the new York Stock Exchange, which is a chart that is used by a lot of it goes back to may seventeen of seventeen ninety two. And so not yet. But in oh, five years, you're on a spins about seven years in sign. That planet which is a planet of extreme change revolution the unconventional. So the things coming out of left field shocks and surprises. Your honest will cross over the sun, the solar life force of the new York Stock Exchange went when that happens. It'll probably happen three times in the course of the year. But it is a little bit down the road. Although if that happens with some of the other things I see on the horizon for America. Which is we're facing Pluto coming back which takes two hundred and forty seven years, and if you had two hundred and forty seven years to seventeen seventy sixty get two thousand twenty two two thousand twenty three and that's one of the big things that Monday in astrologers my field people look at these kind of things like a nation's chart nations are born like people if you can locate the birth time of country cities have charts states of the union have charts. But America's definitely going to have something very big coming coming up in a number of years, including I'll probably market changes. But I don't see it right now. What about cryptos now cryptos this this brings up something? I find really fascinating. And and this is one of the bigger things in the field of astrology. It's part of mundane astrology it's that over about an eight hundred year cycle. Okay. It's actually seven hundred ninety four years. The planets Jupiter and Saturn, which of the largest planets. They've been actually looked at by people going back a couple of thousand years we can go back to the Middle East. And they were charting believe it or not because they didn't have all of our modern. Conveniences they were Skywalker. So the the answered people were not just astrologers they were stronger, or is they just didn't have the scientific kind of things that we have. Now, we can locate everything exactly to a degree of the zodiac, but basically Jupiter and Saturn or the big movers and shakers and they go through each of the elements fire earth, air and water. So to make what's happening is since eighteen forty one every twenty years Jupiter and Saturn have been an earth science. Okay. And that has been the rise of the main banking world the financial world as we know it. But what's going to happen is on December twenty one of two thousand twenty which is only two years in a couple of months from now those two planets different Saturn merged together at the beginning of Aquarius. And then for the next one hundred eighty years all the Jupiter. Patterns are going to be an air side. And the point here is that crypto currencies are more connected to the air element of things that are more a cereal that are more online that are more part of the communication world and not part of the sickle material dimension that we've been dealing with since the eighteen forties of the banking world the corporate world and all of that. So we're ready to have a big change. But we're not yet there have you been following the story of the supreme court nominee Brett cavenaugh. Should I say, unfortunately? Yes. Yeah. I guess you could say that very stormy, and we do have a couple of things on the website that people can look at created something new and my daughter's created it really beautifully. It's called Astro flash. It allows me to do some shorter things. So I don't have to write very very long articles because so many people now they want to kind of a short hit. So I've got a couple of things on Great Barrier enterprises in our or earth Aquarius news zone, so now earth Aquarius news, which is still a website. We have a smaller earth Aquarius new segment in great bear enterprises. And people can read some of my takes about what's been happening with a red cavenaugh and and Dr Christine lacy Ford. Interesting take on all of this. Well, can you can you predict if he I mean today one of his college acquaintances, I can't call him a friend but said that he was a drunk. Well, you know, I it's interesting with President Trump because we know he is he is he's not a drinker. Because of his brother dying from alcoholism, you know, and regardless of where people are on the political spectrum, the president of certainly speaks his mind, sometimes some people too much, but the thing is is that you you sort of wonder what is going on here with whether or not he could withdraw. I mean, you know, it looks like he's going to stick with it from what from what he said last Thursday. I don't think it's I think it's going to be hard to prove anything through you know, that such and such an event actually happened. However, the whole ambiguity of everything is really big. And what I did is. I looked at the chart for the moment of Thursday when the session began you see that's part of mundane astrology, always look at the heart of a person, although you can do that. And I have looked at their charts individually, but very often if it's a national thing or an international thing with the Monday mundane astrologer, does is we look for the moment that something began, and it's like a chart just like a baby was born. And we look at that chart, and that chart is very. Descriptive of that whole Tomo last Thursday. Can I put you on the spot and ask you if you think he's gonna get confirmed, astrologically speaking? Well, okay. Here's the interesting thing you brought up the retrograde this Friday, the planet Venus in the sign Scorpio, which is often connected to not just psychic things. But sexuality Venus is gonna make one of those retrograde at the end of the week and Mitch McConnell just said today. Hey, we're gonna vote on this thing this week. He keeps trying to push it. I don't think it'll happen. But well, yeah. Well, the thing is is that there's too much unknown. But if I had hazard, a guess, you know, I would just say they're certainly pushing for to be a major Garrett Smith, but here's the deal if he doesn't get confirmed. There's going to be just as conservative somebody else who's going to be nominated in in his in his place. So it's not as this would be a liberal or America Orland. They're not getting in there. Is there anybody out there that is squeaky clean? Well, I think that would be because they've been saying that my question, Mr. learning. You think he'll get confirmed or not astrologically speaking? Well, astrologically we know his chart. I would I would say probably, but I just think it's going to be based on pushing from the Republicans full force, you know, Mitch McConnell trying to take control. You there to get that side of the equation. You still didn't answer me though. I think he will get confirmed you do. Okay. All right. That that is. That might be one. I I I'll be wrong on. But I'll say now, at least you took a stand right because when the whole thing happened with Trump and Hillary where so many of the predictors, and you know, these forecasts is what we're all looking at everything I was on. And I looked at the numbers, and I thought that Hillary would probably win and she did have more popular vote, but she lost those key states by small amounts. Michigan Wisconsin, Pennsylvania, sixty seven thousand votes out of hundred twenty million and that turned the election to the electoral college and Trump won Sommese work now next stop. Let's talk about Kim Jon on in his upcoming planned meeting with President Trump the second meeting. What do you what do you think? What do you think is happening here? Well, I'll tell you one thing. And I think this'll this'll be an interesting thing for you to when you talk to your other people who come on often about Iran and the world situation. I think it's done deal that they're going to have nuclear weapons, and they're never going to get rid of them. But what's going to happen is is that because of the way Trump is doing this thing? In other words, it'll be like you develop this kind of brotherhood. Whether it's a false wonder, not a kind of you do these kind of things. No other president would have ever done, and you try and just sort of like make things. Nice. And then eventually, you know, right now, they just said the other day the secretary of state said we would like them to denuclearize by the end of of the president's administration. I don't know if you caught that did you see that news. I sure did it. It was like we're we we want them to do it tomorrow last week. Why are they dragging their feet and then doing so I don't know if it was a late Friday or something? Oh, you know as long as they do it within the next two years. We're fine. What you know? And so I I've seen this all the way through the danger. I think in all of this this personal diplomacy. We don't. Of Kim Jong UN it's going to be the leader tomorrow the next day in this country. Least we have a succession of how are you? Also don't know if what he's doing a trick. Exactly. So you got the tricky thing. The other thing is in astrology. This is very important Donald Trump's chart. President Trump's chart is known. We've known as exact birth time for decades, it's not a mystery Hillary Clinton's birth time could have been twelve hours off. Nobody has figured it out. It's not talked about birth certificate. It's not as if we've ever seen it. So she was kind of an unknown quality in terms of her chart. Okay. We didn't know whether she was morning or evening. We don't know the year of Kim Jong UN their reports who was born in nineteen eighty three nineteen eighty four nineteen eighty five. He's definitely a Capricorn son. We know that we just don't know the year. And I think that the North Koreans and people in that part of the world they're really into astrology and things and they want to keep it a mystery Mark tell me something with regards to astrology. Are we going to have a good year for the rest of this year? I mean, people are up tight they're unhappy talking about generally, not everybody. I'm so glad you asked me that because right after the election mid-term on November six which is doing what we call the dark of the moon. That's an interesting day. So who the heck knows what's going to happen on that day with the votes? The next day. We have a new moon in the intense Scorpio that'd be November seventh and guess what on the day after that the largest planet Jupiter which rules the sign Sagittarius, which can be a very happy..
"new york stock" Discussed on Talk 1300 AM
"Are are weighing in on the market and you're always going to have some type of of aspect that's gonna either make you feel make you feel bad and that's what a market is you have buyers and sellers as as for the tariffs on chinese imports there's a good probability for many out there that the trade barriers are not going to be put in place i mean that's a that's a question mark in its negotiating issue as far as the escalating conflict around the world where we've had it to overnight it appears to have ended for now you know we'll see what the what the reaction is to the market soon the markets are closed as you know today so we'll see where that goes in fact yesterday was the quietest full trading session so far in two thousand eighteen for the for the new york stock exchange and the nasdaq in it probably had to do with the trade war probably had to do with syria probably had to do with the the political noise and i call it noise not news coming from washington dc facebook shares in fact jumped four point seven percent for the week and that's the week where the ceo mark zuckerberg testified before congress so all in all when you look at the markets year to date we like to do that on a saturday the dow jones industrial average which again was up one point eight percent for the week at twenty four thousand three sixty for the year is down one point four five percent the nasdaq composite the tech heavy nasdaq composite is up two point nine four percent for the year almost three percent in the s and p five hundred for u s and p fivehundred lovers out there in the index people blah blah blah it's down six tenths of one percent for the year so i'm going to take a quick break and.
"new york stock" Discussed on WBAP 820AM
"And he says that these the big broken up and he talked about apple's one of them apple literally it pays like i'm i'm off on this but i'm in the ballpark he said like four only six percent tax and the average like fortune five hundred company overpays twenty seven percent i think the most it was was six i can't remember the exact you know it was like six percent and they're making i don't get into it one night we're going to get to the whole story but they're like they're making like these four companies are making like more than all twenty of the top nasdaq or nyse new york stock exchange companies are combined so they're massive and they're paying way less than they should sign about class warfare is one of them has like a like a quarter of a trillion dollars in ireland so they're not getting taxed on it and i think trump's tax package is one of the things that made adding apple brought back a huge chunk so we could repatriated and tax it and get some of that money too so the the people that are at the vanguard are being leftist socialist right and so whatever they don't want to share their money there for big government big tax but not for regulation on them and not for them actually sharing what the average company shares you know tax pays tax all right up next we have a third dog a third dog united airlines has having i'll give you the details on that story next on the chris krok show and the oh the guy steal somebody's peacock has happened here in texas steal somebody peacocks and then some bad stuff goes down for that'll tell about the next you know when.
"new york stock" Discussed on WGIR-AM
"At the new york stock exchange in fact it's the fifth day in a row of stocks gaining is the longest winning streak in two months the dow jones industrial average up two hundred twenty three points right now with 25000 116 the nasdaq up sixty to seventy 206 the sp 500 up seventeen at 27 sixteen right now the inflation fears seemed to be offset by growth everybody's looking that volatility easing the 10year treasury moves to a fight for your high and the anticipation for a rate hike his coming in march apple guinea more than two percent berkshire hathaway ups at stake cisco gains four percent on its quarterly numbers trip adviser up twelve percent active then you to call you mentioned the interest rates well mortgage rates they've jumped this week to their highest level of nearly four years thirty year fixed rate according to for the american four point three percent the price of oil down a dime still above sixty bucks a barrel after yesterday's surge higher gas down another penny today dribble is national for regular 255 ah gallon marijuana is now legal in california but some people are still getting busted the sea of la has been giving retailers marijuana licences that some others without licences have still insisted on selling lapd captaincy carmona says they've served eight search warrants thirty five people have been arrested sixteen of them for operating without a licence eleven for operating a drug house other arrests involved miners outstanding warrants possessing drugs for sale while armed revalso sees the nine firearms one rifle and it handguns and those seized over a about fifty six thousand dollars in currency he says there are certain known problem areas in one location search warrants had been served there before people had been arrested in a shop closed down but it reopened and it's right next to a church school jessica rosenthal fox new as the olympics gold medal number five for team usa michaela schifrin wanted in the women's giant slalom skiing it does look like will have the chance of a couple of showers later on tonight along with some patchy fog as temperatures dropped back into the upper thirty's to lower 40s well it at the forties with wins picking up after a few showers early on friday temperatures will start falling in the afternoon will be either side of thirty with sunshine on saturday from the store watched.
"new york stock" Discussed on BizTalk Radio
"What what is going to invest the judge thanks for being with us and so it's just one day that was down one seventy seven s p down nineteen nasdaq 39 nasdaq one hundred thirty four russell 2010 uh was my sought a semi conductors only down three transports only down eleven advance declines they lose that a five hundred twenty four hundred on the new york a nine hundred twenty two thousand on the nasdaq and i'm not sure if this is correct and i'm going to half the look i'm showing a huge pick up in new lows on the new york stock exchange but gas that that is the a lot of interest rates sensitive stuff that's my gas and azzam looking let's see what we got here for new lows yeah a lot of real estate the a lot of real estate a lotta mutiny bond funds lot of bond funds a year water that stuff because interest rates a tickin' up on the long abandoned the get an interest rates sensitive stuff now that's usually not a good sign him a but i'm gonna use the term usually let's see some more carts come out at the deck before we get all huffing and everything like that but look just like you.
"new york stock" Discussed on Bloomberg Radio New York
"On the new york stock exchange we spoke about it all with our bloomberg reporters alex baringa and lukas shaw the spotify has planned to go public either late list this pastor 2017 early 2018 it really came down to win they could get their books in order they felt like they could close their books from an accounting perspective in just a couple of weeks there clearly comfortable with that financially they've never really needed to go public just to raise money which is why they're taking this unconventional path of a direct lifting as opposed to a more traditional ipo they were under pressure to to do so as quickly as possible to get under out from underneath the terms of this convertible debt that they'd raise from key pg and and dragging year and so it was really just a matter of the fastest they could do it that they were comfortable with they were going to win so now they're clearly comfortable direct optical listing so in a real ipo a classic ipo you hire bankers they helping crack the story they got on a road show they try to figure out out within certain terms what valuation the investors are willing to swallow this cuts out a lot of that a direct listing they by the way that it costs money exactly they pay the underwriters anywhere from two two and a half percent which is what snapped at up to seven percent of the entire raise with this it's different they basically just come out and say look our stock is trading now we don't know exactly how the mechanics are gonna work but in the past reckless things that i've looked at these very small companies biotech or real estate investment trust that have listed they basically just been the shares on day one like a normal open auction and that can kind of inject some questions is there enough supplies they're enough man where does the price stand these are all things that they will have to kind of suss through that could inject a lot of volatility into the shares so he might come out some of those underwriting fees but it seems like if they're moving ahead with this they say they don't need to go out and scream their story from the rooftops like a classic ipo and they don't need to fourteen banks coming in telling them how to sell their story lukas what does this mean for.
"new york stock" Discussed on CNBC's Fast Money
"There's lots of excitement around digital currencies recently and coy base is in the middle of it all coy base wants the largest exchange for digital currencies users can purchase bitcoin's ether and now like coin from coin base through a digital wallet available on android an iphone or through trading with other uses on the company's g dax subsidiary they have thirteen million users in thirty three countries and are growing the bitcoin future stories has been a big help the gained roughly one hundred thousand new uses the day after the cme announced they were going to launch bitcoin futures it august they completed a one hundred million series defunding raising a total two hundred seventeen million since 2012 investors include and recent horowitz usa and here the new york stock exchange point basis no for its low fees only 02 five percent if you are a taker as well as a wide variety of deposit and withdraw options edits insurance all digital currency the coin base holds online is fully insured this means that have coin base would suffer a breach of its online storage insurance policy would pay out to cover any customer funds lost as a result but this been complaints most notably about being unable to access money when promise or difficulties with managing the wallet account as well as forcible a cow closures for those who violate rules on spending their coins queen base for their part says they're working to reduce the problems back to you will listen thank you bob bob bassani at the nyse while for more on just how big decrypt crypto craze could get let's bringing the president and ceo of queen base from self aspect here g in his first televised interview since taking that role acid welcome to fast money where glad to have you thank you melissa for inviting me to the show let's talk about the astronomical growth in the number of accounts that quaint base has who are these new accounts in and what does the average size of these accounts.
"new york stock" Discussed on CNBC's Fast Money
"Day first with such limited initial participation what kind of volume will we be seeing second and more importantly what's the bid asks spread and what is the depth of the book that market makers have created if you can trade in ten dollar intervals for example which you can't how many bids and offers will there be a different price levels will this make bitcoin more respectable you know it's not really clear but it will certainly help make parts of the big corn market more transparent and it will go a long way toward extending some regulation to parts of that market back to you melissa pound thank you bob pisani with the latest from the new york stock exchange so what what do you think will happen i mean by mexican point in terms of bid asked spreads in how many participants will be on each side of the trade we don't know that yet no and i've talked to pry kelly about an nobody's and no better than he would and he thinks it's going to be a big we called it a thing hamburger i think it to an unknown in hamburger about nothing if it is a nothing hamburg roads what burger to set at about a year but it at any rate rozier we talked about yes we talked about last night interactive brokers scorn from 45 the six that we play the game you said i said absolutely is despite what mr perry said and listen this daca thirty eight times for ordering stayed with better trade against zillion bitcoin contracts otherwise you're going to be in trouble goes right back i am sitting at home and sunday night at six pm i'm going to be in front of my computer and i'm going to want to trade bitcoin futures what what are some of the caveats get first of all i think the american public sitting at home trading futures in general the risks involved in that are so much greater than people understand i think the general investor really doesn't understand so again i think brian is right when he says it's going to be a nothing burger piece i don't think people are going to step into this risk trade as quickly as pete right gipper mashreq they do a fragile.
"new york stock" Discussed on Finding Your Frequency
"Well the box course one hundred dollars to build i said house three hundred dollars a month they hit pan task and it was in there for a quarter of a century providing transparency to the new york stock exchange and it was the biggest cash kelly ever built my life because i read a bitch she'd only guy are lazy it all comes from as simple as soon as it gets simple idea released to you was simple solution oh it was the and ended up where i then put it into the american stock exchange the phillies stock exchange the cboe vix the comic and it just grew and grew and grew in it grew into a monster and i own that company thirty six years i think is an amazing story that you went from reading the bedsheet raids and then you pick up the tele types and then because of the problem that you had with tell a types it just kind of uh you know lend its way you're you're following your frequency as you went through the path and then then and you're just were in the right place at the right time where you're able to solve a problem all one thing started in a domino all the way through to you know the von klein box which is just absolutely it may speak and you know what if wasn't even a strategic plan it was just pay attention the meal where you up if you make a mistake in pain at the wrong color changed to call on color right you know what guided caller it seems okay we've got the '60s bowl mahiou took care of that now you were the 80s at the stock exchange so you just keep going with different ideas in innovations and.
"new york stock" Discussed on BizTalk Radio
"Talk longterm if you're not talking way more than five years you're not a longterm investor remember if you've got two thousand bucks an airdrop down to five hundred here is your you four point seven years from the day you started just to get back to the thousand that's not a rate of return so it might be ten years before you actually got a reasonable rate of return on your money and that's why i've always said you wanna talk about time arise ans when you're discussing stocks i like fifteen to twenty five here's they want to be a little more aggressive ten to fifteen years you wanna be really aggressive five to ten years editing less than five years you're insane the average holding period for a stock on the new york stock exchange is one point nine years and i bring this up because the average mutual fund is only two and a half years the average stock purchase one point nine years what in the hack the think you're doing in all i get it you're listening to all of these programs that are going to tell you how you can do something that literally ninety five plus percent of the people either can do or don't do and i'm even talking about the people that are telling you how to do it so focusing in on strategy is far more important okay one of those strategies may surprise you did you know that since 1995 mid cap stocks the fine by the russell mid cap index have outperformed large cap stocks and smallcap stocks by over forty per sent mid cap stocks you've got your small ones and you've heard me talk about a tilt toward smallcap value you have heard me talk about the fangs of the other facebook some apples and the goebbels and all that stuff met flags at cetera and all of that well on good you should have smallcap and you should have largecap but most do not have mid cap so robert baird and company did a study again this year or two old since 1995 mid cap stocks have outperformed margin smallcap stocks by a meaningful forty percent margin perhaps more impressive they say is the consistency that mid gap is shown relative to their more widely used peers looking at monthly rolling fiveyear average returns since december of 1999 mid cap up.