32 Burst results for "One Sector"

"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:38 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"Micah's got the action, Mike. Yeah, so we were actually talking about this exact name last Friday on options action along with URA, the uranium ETF of which it is the largest constituent and people who've been following the space probably know that there was an announcement today that caxton had taken a $250 million incremental position in a uranium ETF as well. We saw more than two times the average daily call volume in chemical and the most active options that caught my eye at least the ones that expire within the next 90 days or so that I thought were interesting where the May 25 calls over 4500 of those were trading now. The stock was doing very well, so actually those were eventually in the money and traded for more than $4 a contract. The buyer of those obviously betting that kimiko can be above $29, which is the strike price plus the four bucks and change that they spent within the next two months. Yeah, and Tim, this is all about energy security, even with nuclear. This was a day, and we've talked about it. We had the URA ETF leader. The guy runs the ETF on our show, talking about today's news when you have the DOE. So secretary Granholm's office, pointing out that we need to supply aid to existing and future reactors in this country to be energy independent. These are the types of headlines that uranium bulls and there are many have been waiting for. And I think if you look for this as a trade folks, you haven't missed an opportunity. In fact, if you look at CCG or if you even look at that ETF, you haven't even broken out of the levels that you're at late last fall. When I think there was also a very good momentum here. A lot of uranium is enriched in Russia. So a lot of the world's reactors would be dependent on Russian uranium if the U.S. put sanctions on that Russian uranium and richer than obviously prices will go even higher. A guy, how would you trade the space? Tim spot on, we had this conversation a week and a half ago as he mentioned and then the flip side of uranium, we're talking about lithium lithium America, LAC. I think that was a 25 and a half, $26 stock. When we started talking about it, and that's significantly lower than its recent all time high. So I'm with Tim on uranium, lithium as well. All these things are absolutely in play here. This situation, unfortunately, is not going to rectify itself in my opinion any time soon, which should be extraordinarily supportive of the underlying commodities. All right, Mike, thank you. My co for more options action. Be sure to tune into the full show. That is tomorrow. 5 30 p.m. Eastern Time. Up next, we've got some special final trades in honor of Saint Patrick's Day. Fast money's back in two. As you know, it is Saint Patrick's Day, so we've got some pot of gold final trades for you tonight. Let's go around the horn. Jeff mills. This one's a little bit on the nose, I guess. I'm sure these miners are looking for their pot of gold. I know we talked about the chart a couple of weeks ago. We said it was going to go higher. It has gone higher. I think you get at least a 45. Guy, what is that sash? First of all, and then what is your final trade? You know, I'm doing this under a slight duress, but you know, listen, I'm reppin. I'm repping my Irish heritage merited the whole ring, so it says something like kiss me on Irish or beat me over the head on my or something. But agnico eco Nico, agnico eagle minds a.m. mounts. Karen feinerman. Yeah, so mine's a little second derivative, CVS Pharmacy. Let's say you're hungover, you need a little, you know, anything, some water, some wipes also for the train on the way home, CVS. Tim Seymour. I just say solange, drink some green.

secretary Granholm URA Tim caxton kimiko Micah Mike Saint Patrick DOE America Russia Jeff mills Karen feinerman CVS Pharmacy Tim Seymour CVS
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:50 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"The right steps to improve the business overall. And I know that bears will point to high debt levels. I think that that's fair, but at the same time, I think their scope to reduce those levels, they could offload some noncore properties. And I do like the digital business. I think that's ramping really nicely. I think they did something like $3 billion in volume the last quarter. So I think you trade this one. Tim, Caesars. Yeah, I'm going to waive the flag with Jeff. I'm actually going to trade it and although I did the way this game is supposed to be played. I'm supposed to fade it, but no, I'm going to trade it with. The way the game plays. It's not rigid. It's not rigged. The game's not rigged. I'm trading it, and I agree with Jeff. And I actually, the general, I agree with the general because I think the Las Vegas Strip dynamic and opportunities are significantly underappreciated. I do think this is a reopening stock. I think the bloodbath that has been the marketing battle in the online sports gaming is well flagged. And I think it's weighed in and I think at some point you're going to have more rational players there. Meanwhile, I think they're taking a significant lead. I'm long DraftKings as well. But I do think Caesars will be a major player if not the major player. By the way, guy, you went to those Ralph Lauren stores and used a smart mirror technology. November 30th, 2015. Wow. 7 years ago. Come on. Hi now, seems like just yesterday, right? Just yesterday. He was wearing bell bottoms. You have the video? We had that. We'll try and we'll try and resurrect this thing. Coming up, uranium options, one of the world's biggest producers jumping in today's session. That had option traders digging in. We're bringing the details next when fast money returns. Welcome back here's a sneak peek at the Kramer cam gem is talking with the CEO of Williams-Sonoma, catch the full exclusive interview at the top of the hour on mad money..

Caesars Jeff bears Tim Las Vegas Ralph Lauren Sonoma Williams
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

08:05 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"Back right after this. Welcome back to fast money. We've got an earnings alert on GameStop shares are dropping right now down 9%. The company's conference call. It lasted a whopping 11 minutes. Wow. Executives provided no guidance. None of these traders should trade this. Let's be clear. But guy, what do you think of GameStop? It's amazing that it's sort of hung in there this whole time. You know, I think we've said all of us here and other people that do the show. I don't think any of us thought it's an earnings story when we were talking about it on the back of that, but you know, it's a question of are you going to be able to squeeze out apparently the shorts that they're so concerned about? And I've said a number of times. I mean, given the volume the stock has traded over the however many months. I mean, I think the shorts have been long gone. So I don't know really what the trading story is anymore. And at a certain point, I think we would all admit valuations and fundamentals matter. And I think we're in that portion of the GameStop story. All right. Meantime, shares of Ralph Lauren invoke today rising four and a half percent JPMorgan upgrading the retailer to an overweight saying refined casual clothing is the new normal. Tim, I'm going to go to you on a mister refined casual clothing guy. Well, I think it's a case back to work back to all kinds of things. And I think there's a slightly different approach. And I think it's a step up from athleisure. But again, you're talking about a company that I think like many of the apparel folks have learned how to deal with global supply dynamics have gotten leaner and meaner and come out of a period like we just went through a stronger company. The trend is certainly a tailwind. I wonder how much pent up demand was brought forward already. And that's my concern. There was an interesting part of the piece which talked about valuation one, but also about a good geographic mix, thought that their heavy North America should be impacted. They don't have meaningful Russian business. China business is smaller than some others. So it's sort of an interesting piece I liked it. I'm sort of playing it through Capri. I had sold some a couple of weeks ago, just on fears of Russia, China. That one is cheap too. I like value. So this falls squarely in that camp. This for some reason brings back memories, guy of sending you to a Ralph Lauren store is that you try it on a bunch of outfits, use a special mirror or something like that. He needed one. We take this whole thing. Do you remember that? I mean, that's like archives of fast money. I know. I remember that was a lot of fun. I mean, I had some banging outfits for you millennials out there that use that charm. I mean, we should put that video up on the CNBC website because that's gold Mel gold. The guy is refined casual just by nature. Not casual. Nor is he refined. Jeff mills might be though. Do you have a trade on this one? I'm not sure how I follow that up. But I was actually thinking back to a show we did in December where Goldman actually did a double downgrade of the stock. And what they were talking about was really looking for brands that had strong momentum, kind of these idiosyncratic growth drivers. I don't know that Ralph Lauren is exactly in that camp. Certainly not as profitable as say a Lulu or Nike and Karen, I honed in on that exact geographic argument in the note as well. And I actually think you can make a case there that's a little bit more compelling for Lulu, for example, 70 plus percent of revenues coming from the U.S. and if you look at the valuations of Ralph Lauren Lulu Nike, certainly different from an absolute sense or excuse me from a relative sense, but on an absolute sense, they're all kind of right on their historical averages. So I would probably look elsewhere. All right, coming up four different stocks with one big thing in common. We'll find out if they're worth scooping up with a game of traded or fade. Plus heavy metal, one of the world's largest uranium companies making waves in the options market. The details and fast money returns. Welcome back to fast money. Take a look. It's very special list of stocks. Dollar General, Caesar's Tractor Supply and Kroger. What do they all have in common? Well, they all generate virtually all of their revenues right here in the U.S.. So at a time when exposure to the rest of the world seems risky, we decided this would be the perfect time to play an all American version of everyone's favorite game traded or faded. So let's go around everybody. Everyone's everyone. Guy, dollar Jen, start us off. Didn't we used to have that great audio traded or faded? Remember that? I mean, are we just shelved that too? It's really unfortunate, but I will say, I'll play the game right now, trade it. And you're going to say, why would you trade this name? They just reported a pretty miserable quarter, and the guidance wasn't great. You're right. It wasn't a great quarter, and the guidance wasn't great. But bad news, good price action. We talk about it all the time. You saw that today. I think given the fact that it wasn't as bad as people thought it would be, gives you the impetus to take out the recent all time high. Trade DG melms. Jeff, what would you do? I'm going to take the other side of this one and fade it. You know, just looking at the chart, it's a little bit in no man's land. And I just think from a fundamental perspective, you're going to remain in this challenging operating environment for a while. They've had margins pressured a bit. I think it's the evolution of the sales mix. It's just been a little bit less profitable. I don't think the outlook for the company is necessarily bad, but at 19 and a half times, definitely expensive, relative to history. The one thing I will say that sort of feeds into my slow growth thesis here, but if you are looking for retail, this is a stock that tends to do better than broad retail in a growth slowdown, but just generally speaking, I would sit this one out. All right, let's get moving here, go to Tractor Supply, Tim, trader, fade it? Yeah, I'm going to trade this one, wave the red, white, and blue. And say, if you look at those fourth quarter numbers and listen to their outlets, you're talking about double digit comps. You're talking about gross margins and you're seeing pricing power. And I think there's a good tailwind for this business. I think the expectations were extremely low and coming out of here. If you look at the whole group, I think, you know, very strong tailwind. Karen? Yeah, I'm going to take the other side only because they've had such a good run. And it's just a little bit more of a momentum thing. The bar is higher now. And so next time it would be more difficult for them and only only as a trade. Next up is Kroger, Garcia stores Karen. Yeah, I'm going to fade that one also. I don't mean to be Debbie downer, but I just think that the reopen trade I could see that being sort of a macro negative for Kroger as people start to dine out more. They don't need at home as much. They don't go to the grocery store as much, although I would say maybe inflation is good for them, but all that haven't been said has had a nice run. I would fade it. Guy, Kroger, traded or faded. I'm in a trade camp. Everything's coming up. Roses for the state of Ohio, specifically Cincinnati, Kroger's hometown. And listen, they just reported a quarter, and all these analysts have commented were citing the fact that inflation is works for them and creates a tailwind as Karen just said, 15 times forward earnings. They seem to be running their business better plus Kroger delivers. They seem to be onto something there. So good for Kroger, look, it's had a huge run off those recent, you know, those recent sideways action, but I still think there's room to the upside. I think Telsey advisory high industry with a $60 price target. I think it goes higher than that. All right, last but not least, Caesar's Jeff traded her faded. I'm going to trade this one, you know, I think everybody is looking for these reopening plays. Where do you go? And I think this is a solid one. If you look at the chart, it held that $70 level, which I think is meaningful. And it gives me confidence that it can move higher here. And I think there are obvious tailwinds, COVID fading, things of that nature. But then also fundamentally, it sold off some of its noncore assets. It's focusing more on the U.S. business, which has been more profitable..

GameStop Ralph Lauren Ralph Lauren store Kroger Ralph Lauren Lulu Nike dollar Jen JPMorgan China Karen Jeff mills Tim CNBC U.S. Tractor Supply North America Goldman Russia Caesar
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

07:06 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"Rally. Ford flat, but GM Toyota Honda falling today. The weakness comes after an earthquake in Japan knocked production offline, creating another shock to an already stressed supply chain. Jeff Schuster is following the impact for LMC automotive. He's president of America's operations and global vehicle forecasts. Jeff, great to have you with us. Thanks for whom. And specifically, this component, these are components that are really only made by these manufacturers in Japan, manufacturers like a renaissance, Sony, et cetera how dire is the situation in your estimation at this point? Well, you know, it certainly over the last couple of years, we've obviously had a lot in the industry to deal with. It's the situation is really a stacking of all the problems and concerns and risks. And this is just another layer on top of an already fragile system where we're seeing a lot of pressure on the manufacturing side of the business. And that's really what's holding back auto sales. So certainly something the industry didn't need at this point. It is relatively limited, but it is in the chip arena when you're talking about renaissance and auto chips are certainly a hot commodity right now. Have you renaissance? We saw the impact of taking offline these factories when it had its fire. And Ford has already said that 80% of the production loss last year was specifically because of that. How much longer does this go in terms of it being offline to sort of make a serious dent in production forecasts? You know, it doesn't take long. I think if you look at the look at the, just the all the pressure on the industry as it stands already. And then look at just what that plant produce and as you said, Ford is one of the manufacturers that's potentially at risk here. Just a couple of days can certainly have an impact. It's a short impact or a short term impact, but I think it's already a tough situation in chips are certainly have been in very short supply already. So this is something that just adds that additional layer of complexity. The supply chain is held up as well as it could. I think, given all the risk and all the issues it's had to deal with, but I start to question how much more can it deal with if we keep stacking more issues on top of issues? Hey, Jeff, it's Tim, thanks for joining us. The other side of that is I look at the global auto sector and I say we're at recessionary levels. And I see so many secular themes and trends that are incredibly exciting. Things the auto industry hasn't seen since really. Since the early days of Detroit talk about that because these dynamics, I think, work themselves out. We talk about this all the time with other sectors where you can delay, but I don't think you will deny the ultimate purchase here. No, no question about it, Tim. I think when you look at the auto sector, you know, we look at it in stages, obviously, in the first stage is recovery from COVID from all the implications around supply chain. And that is going to be pushed out. There's no question about that. We've taken about 3% out of our production forecast since the beginning of the year. As these issues start to transpire. But I think the midterm and long run, I think when you look at that transition to electrification to all the excitement and investment pouring in in the EV space and then eventually an autonomous, it is an extremely exciting and dynamic industry and I think there's a very strong recovery ahead it's just a matter of when that really starts to take shape. In your estimation, what is the biggest pain point right now in the automotive supply chain, whether it be things like microprocessors and the earthquake taking offline that production or just the difficulty getting some raw materials from a place like Russia, palladium, platinum rhodium, et cetera, needed for auto manufacturing. You know, honestly, that question is, it's probably going to be different for each of the manufacturers, but I would say if we look at it as an industry as a whole, it's the combination of all of those events that have really created the pain points and the trouble spots of just trying to get some traction and inventory levels and production levels around the world. I think we're also getting to the point at least in the U.S. and in Europe and in other parts as well, where you could start to look at that balancing of supply and demand where the consumer starts to feel that impact inflationary pressure certainly have put the consumer at bay in some cases, pull them out of the market temporarily. They'll come back, but again, it's just a matter of when and how quickly we can get pricing adjusted. All right, great to have you with us. Thank you so much for joining us. Jeff. Of LMC. Interesting. He mentions that the consumer could eventually feel it. We've already seen price increases, at least from the likes of Tesla. BYD autobot of the maker of batteries are going to EVs have said that they're raising prices too, Jeff. It's not so far off here. We're seeing it now. We are. And I sort of dove down an inflation rabbit hole yesterday. We're writing a piece on inflation for our quarterly and it was striking when you look at cars. I mean, it's used cars and new cars, but right now cars account for 27% of year over year inflation. Over the last 20 years, it's been 8%. So, I mean, you're talking about a major chunk of inflation right now being driven by that industry. If you were to pull out what's going on right now and inflation were to go back to what would be considered normal a percent and a half would come out of year over year inflation just like that. So just to put into perspective how important these supply chain issues are that we're talking about and connecting it to the real macro picture of what's the fed going to do, where inflation is going to go. When you get these headlines, it's not necessarily a good thing. And it's certainly making the problems that we're dealing with right now a lot worse. Guy should we be worried that we're going to be hearing about production cuts once again? Absolutely. I mean, you know, may I wake upwards. So yes, it's coming. I mean, without question, I think you have to anticipate that. So where's the next trade this circuit second derivative? You look at AutoNation, which was making an all time high. I want to say a month or so ago, trade it down from one 35 to one O two reported earnings on feb 14th. Actually a pretty strong earnings if you look at it. And you can make a decent case on valuation. You don't have all that much earnings growth, but think you have some, again, secular tailwind. So I think you can look at AutoNation here at the one 18 level, looking to take out the prior all time high of one 35 ish. So our own GM, I'm concerned for those companies that have internal combustion engine exposure. That's really where they make all their money. I'm concerned that they finally get supply of SUVs online available right when the consumer for gas reasons, other reasons, but maybe gas, if you remember in 2008, that happened, and that was pretty bad. So that's kind of a fear why I haven't bought more GM. Coming up all American trades with so much global risk out there is now the time to park some money right here in the states. We're hitting some names with good old game of traded or faded. Plus the retail rise shares of Ralph Lauren climbing after.

Jeff Schuster Ford Jeff Japan LMC Tim GM earthquake Honda Toyota U.S. Sony AutoNation Detroit BYD Russia
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

06:38 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"Back to fast money earnings alert on FedEx. The stock is dropping after hours down 1.8%. The call, just getting underway in a few minutes. Let's get to see Modi for the latest sema. Hey, Melissa sharers, I'm about 2% in extended trade as you just said, FedEx said its results were partially offset by the omicron variant, which CFO Michael lens said caused disruptions to its networks and diminished custard customer demand in January and into February, higher transportation costs and wages also weighing on results. The shortfall in volumes were offset a bit by the jump in shipping prices and that ultimately helped revenue stay afloat, average ground rates were up 9% while express rates soared about 19%. Leadership or structure will likely be a topic on the conference call, FedEx recently announced CEO Fred smith's son, Richard, who's been there for a while as the next CEO of the express business. Now, analysts I Barclays this morning said they view the appointment as yet another lost opportunity on the topic of diversity in thought. This as FedEx continues to trail its peers in the industrial and transport sector, its market cap nearly one third of competitor UPS. Moza, same a thank you, sima mauri, Tim, would you make it the results? I think the results were fine. When I hear about it and only cron headwind, that's something that actually I'm happy to shrug off. When I hear about some of the inherent transportation costs, that's something I'm a little bit more concerned. I think the wage is dynamic they talked about that. That's not difficult. X some retirement and pension commitments, 21 and a half bucks a share. You all can do that math. This is basically trading at ten times 11 times, which we know and Karen, we talk about this all the time. I mean, is it trough multiple and FedEx, something to get excited about, or is this one of these stocks you don't buy at the lows on a drop? I don't know. Well, I own it, so it would be like buying it. I mean, to me, I agree with you. The thing that I always look at is how did they do relative to UPS and UPS put up that great quarter, but it's worth keeping in mind. UPS quarter ended in December. This quarter for FedEx was January and February. So that was really the heart of omicron. So I'll give him a pass on omicron for this. They should make the year. We've already three quarters of the way through it. So they're just talking about this fiscal year meeting their expectations. I mean, at this multiple I'm still hanging on to it, just to consider it. I think it's value. Shouldn't we hear though on the conference call a little bit more about how the Russia Ukraine conflict is playing out in terms of business demand and international, I would think that they already came out in the release and said they expect strong earnings growth in the fourth quarter, Jeff, you buy that. Yeah, I mean, listen, I think the good thing is that it was cheap going into earnings. And we all know that they're dealing with issues, and that's probably why, whether it's fuel costs or slowing economy or what have you. But I think the price going into earnings is going to help. I think that's why you're not seeing it move too much to the downside after the report. And probably a good time to throw up the chart that I sent in, but I think this is particularly interesting. So I've been doing this a lot with different stocks and sectors lately, but I charted FedEx relative performance against the S&P 500 against manufacturing PMI. So a pretty good gauge of the economy and not surprisingly like most transports, the relative performance tends to ebb and flow with the economy. So I keep talking about this slowing growth dynamic. But FedEx is already lagged, the S&P 500 by 30% since the peak and manufacturing PMI. So the question is, is it more priced in and a name like FedEx versus say a union Pacific or one of the other transports? I think the answer is probably yes. So I would feel safe either buying or owning the stock here. Guy, you're taking this quarter. Stock was just less than $200 a couple of weeks ago. So I mean, I know it's not a big deal. It has rallied 10% in the amount of time. I mean, obviously the broader market. I hear what Tim is saying. But express is basically half the $23 billion quarter half of that revenues ish or express. And that's who's being put in charge. His son, I'm sure he's great. It's just an interesting decision. But you know what the problem is? The best margins they have were in freight. That's the smallest part of their business. And the biggest margins were not good. 5.8% operating margins were no bueno. So the only bullish case you can make here, which I've tried to make a number of times incorrectly has been on valuation. I still think you can make that case, but the stock just can't get out of its own way. Karen, when you're talking about the differences in the quarters and when the quarters end, are you now extrapolating back to UPS thinking that they are going to see that degree of headwind from and demand destruction from omicron? Yes, I think so. I mean, it seems likely. So UPS had a fantastic quarter. I think they'll have a less good quarter, but they still seem to do it better, right? It's definitely FedEx has a road map for how to get there. That's just really quickly. They both have pricing power. They've proven that. And FedEx goals should be UPS's gross margin. Meantime, check out shares of U.S. steel plunging after the company you should first quarter guidance that came in below analysts. The company saying it expects earnings of two 96 to $3 a share compared to street estimates of three 77 guy. What's up with this? You know, Tim will echo this, I'm sure. I mean, from quarter to quarter, it's hard to make heads or tails of where U.S. deal comes in and numbers. I mean, they are literally all over the map. I think in order to remain bullish here in letter X, which I am, by the way, you just have to believe that the horizon for them, the run where they have in terms of steel and steel prices is going to last for the next couple of years. I do. So there's going to be noise around earnings, go back and look at the last 6, 7 quarters, and you'll see similar. I think you just have to be steadfast in your belief that they're probably one of the better operated companies out there. And you have the tailwind with both demand and steel prices. And I'm long the name, they have less exposure to auto. If you listen to these numbers too, they also point out though that they're long-term contracts are ridiculously profitable here. So obviously with the price move higher and steel, they talked about the backlog at big river, which is significant as they've seen in a long, long time. This stock traded 90% up over the course of almost 40 sessions into this print, giving a little back. I think it's going higher, I stay long. Where are you in medals, Jeff, if anywhere? Well, I think particularly this stock, I like it. It was overbought, clearly. And I think that's part of the problem, but I do think that the breakout above $30 is meaningful and you can see the moving averages turning higher. So there's certainly momentum there. I agree with guy. If you think the price of steel is going to stay high, then this is a good place to be. So I would be a buyer here on any pullbacks. Coming.

FedEx Melissa sharers omicron variant Michael lens Moza sima mauri Fred smith sema Modi Tim cron Barclays Karen
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:30 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"And if you can get that growth Vis-à-vis acquisition, we're probably going to see more of it. Jared, it's Karen. Let me ask you to drill down specifically. Where do you come out on lily's Alzheimer's drug? How do you think this plays out? Well, you know, they just delayed it by a bit. It's a very, very close call, Karen. I mean, I just wrote about this recently. I think when I look at pharma in general, as a category, there are two major markets that I think can attract investors. One is Alzheimer's, the other is obesity. Lily is literally the only company out there that gives you a call option so to speak in both of those categories. It's the only one. So I think even if you're not super bulled up on Alzheimer's, I truly do feel like it's more of a coin flip than anything else. But if you're somewhat positively biased that they can get this drug approved and they kind of use a different methodology to get it through the FDA and the pricing dynamic is decent. Unlike Biogen sort of foray into the market, then you layer on obesity, which is a massive epidemic. Global epidemic obviously, then lily is probably one of the best long-term holdings you can have. Now, it's trading at 28 times earnings next year's number. So it's double the multiple for the group. But I think you kind of have to own it here long term. Jared, great to get your thoughts. Thank you. Thank you guys. Appreciate it. Jared holds of Oppenheimer. We put up his long-term picks Abby and Eli Lilly J&J is short term pick of Jared's guy what do you make of these names? We haven't run from lily I'll stay there. I mean, he's right. It's trading at close to 30 times next year's numbers. I totally get it, but if they're able to figure out Alzheimer's to Karen's point, the Holy Grail in big cap pharma. I mean, this stock goes to $400 easy. And that's not hyperbole. I do have a decent memory and I remember I think it was on Monday that Karen had Merck as her final trade. I'm with her on that and we've talked about Bristol Myers now for quite some time, very quietly made a 6 year high today, and I think there's still some room on the upside with that one. I'm with gee, I think his final trade on Monday was a Bristol Myers. Mine was Merck. So I'm long Lilly. It's the most expensive of the space for the reasons he said. It's the Holy Grail also if. But it is a big if we don't know. And then I also, I like Pfizer and Abby, which he also mentioned. Coming up, a red light for.

Alzheimer's Jared Alzheimer's drug Karen obesity pharma Biogen Lily FDA Oppenheimer Eli Lilly Abby Bristol Myers J Merck Lilly Pfizer
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

05:24 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"So Karen, when you talk about value, are you talking? I mean, it seems like a more defensive sort of portfolio because the valuations of the valuations no matter what is the backdrop in the market. What do you look as the most defensive area within your portfolio given the market backdrop? Well, I like guys Facebook where he hates everything about it, except the stock. That to me is very defensive. I mean, you know, it is below market multiple. Also, I look at balance sheets, right? If we start to see credit markets get, you know, we saw they seem to be a little better last day or two, but we started to really see some cracks there. So I want to be where balance sheets don't matter. Or where they're excellent. And so that's, you know, so to me, Facebook, again, Amazon, Apple, and of course, Google. And so I want to see buybacks and I want to see low PEs, but growth. They're still growth there. By the way, I see almost green sweater. I know it was green in the closet. It's better. So I'm gravitating towards the united health, where I think I am getting decent growth, or even a J&J where I think I have double digit pharma growth. And these are multiples. Look, UnitedHealthcare, not cheap. They're going to do about 22 bucks a share of 2022. So you can do the math on that. This is a company that's already trading 23, 24 times. I think relative to itself, it should be trading at a premium relative to this marketplace. These are names that are obviously, to me, a function of also where the market is rewarding companies that are giving you consistency are giving you pricing power. I think you and H are their last call. I think they're overly conservative about the COVID outlook. I think they've done a great job of managing expectations. And that's why the stock is well owned. All right, speaking of healthcare, drug stocks have been having a strong week shares of Regeneron, AbbVie, Eli Lilly hitting all time highs today, our next guest says, this is a solid year for what he calls a boring group here to break it all down, Jared holtz, Oppenheimer's healthcare equity strategist. You're a great to have you with us. Thank you. Appreciate it. Who has been the buyer do you think this week? I mean, is it, are they specialists? Or are they tours looking for defense? I think it's probably the latter group. I'm illicit by had to guess what's happening. I think some of the stocks that have been doing really, really well in pharma and bio tech alike are kind of not so cheap. There's somewhat defensive, but they're not value stocks. They're more growth than anything else. And this group has done really, really well. So I think it's trying to find safe havens, defensive stocks. You guys just mentioned names that sort of had these qualities that investors are looking for and pharma and large cap BioTech for the most part is giving investors that. Hey, Jeff mills here. So we mentioned pharma and I totally agree. I think you're dealing from a position of strength there. It's not below the 200 day moving average, like so many other areas in healthcare is a place that we've been looking to try to find some opportunities. And it appears to me like it's going to continue to work sort of this defensive growth area. What is the scenario where it doesn't work and you start to see the relative performance breakdown? I think it's just a matter of whether investors are gravitating towards growth or value. And I think pharma still has a value tilt to it. There's obviously some components within that are not. I wouldn't really define Eli Lilly as value or Regeneron. And those are two stocks that have done really, really well out of the gate here. And particularly as of late. But I think anytime you get a real growth sort of rotation back into small and mid caps where we see investors sort of flock towards those areas, pharma gets a little bit less interesting, maybe on a relative basis, but I don't think we're there yet. I still think the group probably has upside from here. In terms of the smaller to mid cap sort of BioTech names Jared, we've had you on in the past, just about how unloved this group has been over the past 5 years or so. So when you say large cap BioTech, we get that, that's mostly IBB, but if you take a look at XBI, for instance, what sort of backdrop to investors need to see in the market in order to get them back in. Yeah, definitely. This XBI has been maybe the most frustrating or confounding area in all of healthcare lately. It probably takes a few things. I mean, there have been 352 BioTech IPOs since 2018. So that's four years and less than three months, and we've seen on average 80 plus IPOs. That's a lot of companies in one sort of complex and you throw on another 400 to 500 that are publicly traded. And all these private companies in the loop as well. There's probably an over like a glut of these companies that kind of have to self fix. And I think, you know, data has been very spotty, don't need to get into all the details, but this has been like a pretty core period for clinical trial results on the whole. And then we've discussed this to Melissa and I think the M and a trade is one where investors are so keyed in on a lot of them own BioTech just for acquisitions and the environment has been a lot slower than we thought. So I think some self fixing some of these companies sort of need to figure out who they are. The data's got to get better. And then I do think some deal activity would make sense. And just to sort of put it into perspective, the large cap pharma group we were talking about earlier probably has north and $500 billion to spend in my mind investors look at the group and they're looking for top line growth..

pharma Regeneron united health COVID AbbVie Jared holtz Eli Lilly Facebook Karen Oppenheimer Jeff mills Amazon Apple Google Jared Melissa pharma group
"one sector" Discussed on CNBC's Fast Money

CNBC's Fast Money

06:42 min | 9 months ago

"one sector" Discussed on CNBC's Fast Money

"Guy Nami, Tim Seymour, Karen feinerman and Jeff mills, the head on fast, the S&P, the actually, the hits of the supply chain just keep them coming. Today in earthquake in Japan set to impact microcontroller chips used in cars, this new shock, the war in Ukraine and COVID, I'll highlighting the fragility of our global network for goods. How long will investors and consumers feel the pain? Plus a miss from FedEx and the stock, making some pretty big swings in the after hour session, the details and the traders take just minutes away and later traded or fade it. The all American edition is now the time to bet on stocks and make most of their money right here in the U.S. of a, the names in the debate coming up. But we start off the Saint Patrick's Day show appropriately with a sea of green for the markets. Major indices, rallying for a third day in a row, the S&P on pace for its best week of the year and take a look at some of the gross stocks that have been soaring this week. Block Robinhood Shopify, all staging massive rebounds up more than 20% since Monday. The IGV software ETF on pace for its best week since last February, still with interest rates on the rise in inflation and multi decades highs, is it too early to bet on growth? Do we believe this rally? There were seeing before our eyes, Tim. It's been extraordinary, nice green you're wearing today, mal two Saint Patrick's Day. Well, you know, it's disappointing. This tie comes out once a year. And you've already made fun of it. Don't even look at it like that. So we are a 6% off that intraday bottom on Monday for the S&P. It's about 8 and a half percent for the NASDAQ. It's almost 12% on semiconductors, which are the growth be part of it, but I think it's more a function of what was truly sold off. And if you look at what was working today, it actually though was high multiple stocks, a CrowdStrike, a Roblox, and you pick your high multiple stocks, I bet it was up, and I bet it was up by more than 5%. So it does tell you that I think there's more risk on to the markets. And I think that's really where the extreme pessimism was in stuff that may not be out of the Woods yet, but there's no question we were set up for a very interesting bounce, and that's the big debate here. Is it too early for growth? Or is it too late for growth? And I think on some level, for some of those names, that's really the story. But no, I don't think you should be buying those with two hands here. I mean, I guess it depends on what narrative you believe because you believe the narrative that fuel growth stocks before care. And that is that the economy may be slowing and you want to be in names that have idiosyncratic growth. That will grow no matter what. So is that what is feeding this rally this week? Well, I'm still confused from yesterday's rally to be honest. I haven't fully digested that. I think it was just, you know, as Tim's things were really, really oversold. And you had people who just buying the dip has worked, worked worked, right? And so it worked again. I didn't do a ton of buying just a little bit on this this time. But I think, you know, I don't look at the market as a model. I look at my specific stocks. And so I generally, in an environment of rising rates, I tend to want to be in ones that have lower PEs. And so that's kind of where I'm gravitating. I had this long fang and short IGV for a while, which has worked generally nicely. They like today. Way more than the fangs, but it's been a decent place to be in the last couple of months. I have to think about where would I unwind that IGV, right? Is it down? It's certainly I would not, you know, it's well off the bottom, but is that something I should unwind right now? Because has the market digested this fed raise? I don't know if the market's digested Ukraine entirely, because that seemed to me to be somewhat. Look at oil prices today, by the way. I mean, you know, commodity prices tell you that we're reassessing that whole call. And remember, these were commodity prices that were breaking out. Oil got back to pre Ukraine levels. And then as of today, traded up another 9% after a 29% pullback. Yeah, Jeff, what are the markets telling you at this point about growth versus value? You know, I think you have to be a little bit discerning within each style, quite honestly. Like if I look within value, for example, you know, I don't know that you want to be extremely sick, but I take financials, for example. They tend to peak relative to the market before rate speak. I know we're all talking about being this rising rate environment and maybe we are, but I think we're actually closer to a peak in long rates say the ten year treasury than a lot of people think. So I think you could top out in terms of relative performance in some of these value areas, but then I think about energy, for example. Yes, definitely overbought. It was some 40% above its 200 day moving average, but definitely not over own. You know, I think a lot of investors are still underweight there. So I look at names like SLB or EOG, like I talked about the other day or chenier. There are opportunities there. And I actually don't think it's too early for growth, too. Again, if you're being discerning within the style, we're actually starting to look at our overall asset allocations in our client's portfolio and removing the cyclicality and creeping toward growth, but it's not the super high beta junkier stuff where total addressable market is the only issue. I think it's quality growth. It's names like Nike that we've talked about or Microsoft or Amazon. We've recently added to Salesforce. And I mentioned this on our call earlier today and as much as we love to hate the company and generally, I think investors hate it. You look at a name like Facebook. You know, it's down 40%. It has a below market PE. It has high margins and there are certainly dealing with issues, but I think that's the kind of stock that can actually do well here over say the next three quarters or so. Yeah, I mean, I think that it's also how you perceive what growth versus value is. Some people might make the case that some of these stocks that Jeff had mentioned like a meta is value at this point with growth guy. So it doesn't look confusing in terms of the overlap among these sectors. But if you are in Jeff's camp and you believe that rates are going to top out, it just over 2% or closer to the peak than we are to the opposite, then that is supportive of higher valuation stocks. Stocks that may trade at a premium. Yeah, why didn't go to camp as a kid? I was one of those people that a stay home and figured things out on my own, but that's probably for another show. And if you think of Karen's confused and, you know, she has three times against like that I do. What does that make me off the last two days? One can only imagine. But I'll say this. There are growth names that have secular tailwinds that are still supportive of the names that have come off considerably. And I'll give you two of them in the chip space. I think Nvidia has sold off enough and you had that reversal. I think on Tuesday that suggests that AMD, I think just speaks to the same thing. Little cheaper on valuation, but the same type of growth potential. So I'll go there and I'm with Tim on the energy. Listen, you had clearly a blow off top in crude. We talked about it when it happened. The pullback made sense for a number of different reasons, but I don't think it's over. So I still think you can find growth in energy and I'll tell you that OIH that had resistance at two 45 forever. We spoke about it. We said by the breakout above two 50, traded north of 300 right back down to those levels. I think you dip your toe in there as well, Mel..

Guy Nami Tim Seymour Karen feinerman Saint Patrick Ukraine Jeff mills Tim S FedEx earthquake Japan Jeff U.S.
"one sector" Discussed on Security Now

Security Now

05:00 min | 1 year ago

"one sector" Discussed on Security Now

"Doing you know reading the switches and blake in the lights again as as an emulator so this thing pretends to be a hard drive so anyone who recalls the iconic golden shelled ten megabyte seagate s. T. to twenty five. We'll see one sitting there on. Adrian's workspace You could see it there in the middle over on the right question is why would you want to emulate this well on the screen. They're left on the screen there to the left. Doing i recognize that screen is an ancient version of spin right this. Mfm hard-drive emulator was not transferring data. Very quickly and adrian suspects that perhaps that's because the emulator was low level formatted with a one to one sector interleave. Remember it's a drive it's pretending to be f. Mfm hard drive. And leo. i do agree with you like okay. How much time did the person created this thing..

seagate blake Adrian adrian leo
"one sector" Discussed on KOA 850 AM

KOA 850 AM

03:04 min | 1 year ago

"one sector" Discussed on KOA 850 AM

"Capacity limits. But one sector of the food industry has been mostly pandemic proof. Frozen desserts. ABC is Eric Mollo has more on a couple of ice cream shop owners who say the future looks bright. Sherry like blue jeans, baseball and apple pie. We know ice cream is a staple of American culture race you spring we all spring, right Brain Rock rock. I'll give you a while, I'd argue more Americans prefer ice cream over apple pie, or at least one a scoop of vanilla bean on the side. And like any job in the food industry, ice cream is hard work long hours deliveries, and if you're working at an outdoor snack bar, oftentimes you're working in some pretty brutal summer heat. Much in the past 18 months, We've read about the struggles so many in the service industry have faced. But for frozen desserts, there's been quite a boom. Americans really are pushing their love of ice cream to new heights that Herrick is a senior vice president with the International Dairy Foods Association. He told me Americans love Affair with ice cream is as strong as ever. Americans in particular who have always loved ice cream. You know, they eat £23 of ice cream a year. They increase their overall consumption of ice cream, something to sort of indulgent during the pandemic and let's continue. Admittedly, I'm probably one of those Americans who consumes more than £23 of ice cream a year, Herrick says. It doesn't really matter where it's sold. People like me are finding ways to continue buying their favorite frozen treats. Ice cream sales generally, whether there were talking about retail or talking about food service have remained very strong. They've actually over performed previous years and local school Shop owners are feeling the consumer demand. This year has been absolutely amazing. Melanie Trump. He is the owner of Big Daddy's ice cream with locations in Wells, Maine. In another in neighboring Ogunquit, Melanie and her husband purchased the shop in the seaside town at what many would assume would be the worst possible time We bought Big Daddy's march of 2000 and 20. We went under contract December 2019 not knowing that the pandemic was going to hit, with millions of Americans hitting the road for some Summer vacation this year, ice cream shops like Big Daddy's have become figuratively speaking a hot destination. People just excited, especially the natives, residents of Wells because they wanted to get out, and this was a great thing to go Get ice cream. I think Daddy's and sit on the tailgate of their car for Melanie and many other business owners. Ice cream seem mostly pandemic proof. I know the restaurants around here. And they had to close two days a week. It's very hard because this is the time of year that they make money, but that's not to say it hasn't been without challenges, especially for those who aren't located in or near a summer vacation destination in New York City's East Village, the original big gay ice cream shop closed permanently after an extended shutdown, as did Graham Gelato on 59th Street. Mikey Coal owns Mikey likes an ice cream, which has multiple locations in New York City tells me his business has kept up for the past year and a half, but it's still an uphill battle. Some people have been awesome and crop the $20 donation of $5 donation,.

December 2019 $20 Melanie New York City Melanie Trump $5 Herrick £23 Eric Mollo International Dairy Foods Asso 20 march of 2000 Wells 59th Street ABC more than £23 this year Wells, Maine This year Big Daddy's
"one sector" Discussed on Biz Talk Radio

Biz Talk Radio

02:44 min | 1 year ago

"one sector" Discussed on Biz Talk Radio

"Income to, you know, actually using it where you're getting it. And helping to supplement your income. Then I think, unfortunately and I say unfortunate because we never want to be too overweighted in any one sector. But until we can start regaining some some income through things like preferreds and other and frankly new preferreds that get issued. And the next eight months. If there are any are not going to be pain, a dividend, um like like we're getting from from some of these utility stocks. So I would tell you, Linda, that you need to be thinking about going into another utility that you, um maybe don't own and I think that would be The thing to do I I don't think you mentioned um ut 74. Did you do you own that? Uh huh. I don't think I do. Yeah. So ut ut 74 ut 82 You know there's some companies If you are that kind of income investor that I mentioned Where you're using the money to supplement your income. They would be to others that you might want to own that. Will, um, continue to provide income? Hopefully for time. Well, the you see, Actually, the UT 82 is what being replaced. Well, now the No. No, no, no, no. Yeah. No, you cheat. What you're talking about is a preferred That happens to be that companies preferred. Okay, I see. Yeah. Yeah, So this is the same company that had issued the preferred That's being called, but it's it's not a preferred I see. So it's never going to get called. It won't get called on you. You know, So you want to worry about that. Okay. All right. Okay. That makes sense. That makes sense. Thank you very much. That's very helpful. Appreciate you so much. Thank you. Uh, Linda, I wish all the best. Thanks. God bless 6 10 363 11 10 6 10 363 11 10. If you want to kill your call, you're welcome to do it. We have a line open, um, will get right back to calls. Soon as we get.

Linda 6 74 ut 74 ut 82 10 363 11 10 6 next eight months 10 363 11 10 one sector UT 82
Unpacking Fashions Role in Slowing Global Warming

The Business of Fashion Podcast

03:22 min | 1 year ago

Unpacking Fashions Role in Slowing Global Warming

"Week. The united nations intergovernmental panel on climate change released a new report from the world's top climate scientists warning that global temperatures will rise one point five degrees celsius by twenty forty and underscoring that human influences unequivocally responsible for global warming since the late nineteenth century. The fashion industry's greenhouse gas. Emissions are estimated to be between four and ten percent of the global total on this week's peo- of podcast deputy editor. Brian baskin is joined by. Michael szadkowski mrs stain ability advisor and former vice president of sustainability at nike. Leyla petrie chief. Executive of sustainability consultancy twenty fifty and hannah pang head of marketing an advocacy and sustainability consultancy for tara to unpack fashions role in slowing global warming. Here's michael cichowski. Leyla petrie and hannah pang inside passion michael. I'd like to start with you and get a little bit meta. Why is this fashion problem solve. I mean let's say i'm nike or gucci. You look around. And i say i sell clothes. Not making cars not operating a coal fire our plant. Why do i need to be thinking about the surgeon. You sure Thank you brian so I think it's important to note that It's humanities problem solve and fashion as one sector on that needs to be carbonized. Serve regardless of what Sector you find yourself in. We know that we have to reduce emissions vary significantly between now and twenty thirty and then on the way to twenty fifty and so Roughly reducing emissions by half by twenty thirty And and that's by twenty fifty There are a number of estimates of fashions greenhouse gas look rinse We can talk about this in a bit more detail. The data is not ideal But we do know that fashion does have a significant carbon footprint and as with other sectors much reduced that and so You know we know the effects and we. We know the predictions of where we're going if we keep on their business as usual trajectory And so fashion because of because of its impacts and also because it seeing the impacts of climate already happening in the supply chain in particular in places where the impacts of climate are being are happening We know that it's critical. Issue the sector to address. Thank you and love to get into the data question in a little bit on this more than any issue. We're talking about today. Hear a lot about the need for collective action for the industry to work together and you've been involved in. Some of the industry's biggest efforts on front in to tell us how that's going. I how much progress has been made in. Also why some necessary for brands you think of this as an industry problems New problems grand. I mean i think fundamentally this is a problem which no individual company consult when his i you know we have all sorts of invading intractable issues around infrastructure around incentives around policy. No-one acting really occurred within that system without being affected by it so all these brands have supply chains. Good three targets that are also dependent on And really what we realized. Is that everybody in this. Sector is co dependent on each other other actors like policy makers is to

Leyla Petrie Hannah Pang Brian Baskin Michael Szadkowski Mrs Stain Twenty Fifty Michael Cichowski Nike United Nations Tara Gucci Michael Brian
"one sector" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

07:56 min | 1 year ago

"one sector" Discussed on Progressive Talk 1350 AM

"Or does it wait and try to just move with the industry to adopt in our the benefit of going forward is that you get an early Hit at those consumers who want to have those five G features as soon as they possibly can. But the danger is you're going to have to spend a lot of money to change out all that equipment. Verizon, for its part, has said they're not going to pass those costs down to customers. They're not going to see a big bump. In their subscription fees in order for Verizon to go in and change out all this equipment once it's once the company has decided that the N R standard is established enough for them to make this change, there's also no guarantee of when that will happen. So a lot of unanswered questions still All right. Well, I put it off as long as I possibly could. But it is time to talk about what actually will make five g work. I'm going to do this from a very, very high level. Bird's eye view is probably Too low of an altitude. Let's say a satellite view of the technology so Like earlier generations of cellular technology. Five G networks have cell sites that cover a territory. The territory is divided up into sectors. Moving through sectors needs to be seamless for the end user, So for me and you whenever we're moving around, we want to make sure that we don't notice when we pass from one sector to the next. If I'm on a phone call with you, and I happen to be Writing in the back of a car and I'm not really concerned with how irritating it might be for me to be on a phone conversation while someone else is driving. I'm chatting with you. I don't want there to be any interruption in our phone call as the car travels from one side of the city to the other. And while it's doing that is going to be passing through these sectors, this was sort of the basis of the cellular technology approach. This idea that there needs to be this this handshake in between cell towers. That allows the seamless transition of a call from one tower to the next and it's a pretty complicated technology have talked about in previous episodes of tech stuff, so we're not gonna go into more detail. Just to say that five G is built on that same sort of foundation this idea of cells that represent a certain area of service and that those cells can hand off service to neighboring cells. As a person is moving through the different sectors. So an important part of the technology. The cell sites have to connect to a network backbone. They themselves are just magical conversation. You know, telecommunications points, they have to connect to a a larger communications network. That that connection can be wired or it can be wireless. Five G will use wider bandwidths of frequencies than four G dead. But the encoding for data across the five G networks is similar to that of four g. It's called O F. D. M, but there's really no need for us to get into that too deeply. It gets way too technical, and it becomes nearly impossible to talk about without visual AIDS. It's just important to remember. This is the methodology by which five G will convert. Data into signals and then from signals back into data. I know that signals are kind of Kind of data, but you don't understand what I mean. It's for the transmission of that data. Five G is going to run on two bands of frequencies that are on either side of six gigahertz. Um, by other either side. I mean, significantly on either side of six gigahertz six gigahertz is kind of the dividing line between them. So it hurts is one wave cycle per second. Uh, so if you have a a wave that's going at one hurts. It means it takes A full second for one wavelength to pass through a given point. You've identified a point You're measuring how many radio waves past that point in one second? You can't one That's one hurts. Six gigahertz would be a frequency in which six billion wave cycles pass a given point every second The low frequency networks will operate within existing WiFi and cellular bands. So at that wavelength signals can travel the same distance as what we use today. The nice thing about that means you don't have to build out a ton of new cells to get the same coverage. You could actually add equipment to existing cell towers to support five G. Because you can transmit just as far as you could. With the four G methodology, However, those frequencies aren't able to carry quite as much data on them as the high frequency use ones can So you won't get crazy fast or a crazy huge data transfer rates, they would still probably be better than four G. But not the enormous incredible potential ones we've heard about. But we would still probably see data transfer rates that are 25 to 50% better than L T E. However, the high frequency five G tech is a different story. It will rely on millimeter wave frequencies around the 28 39 gigahertz bands. Because that's where there's a whole lot of space for big communications channels that can carry huge amounts of data very quickly. These radio waves can't travel as far with enough power to be as reliable as the lower frequency variant can So in other words, they don't have as greater range of transmission, which means companies would have to probably build out a lot more. Five G cells, too. Make their network have enough coverage. On the flip side, these cells wouldn't have to be nearly as powerful as the cell towers we rely upon today they could actually require much less power to operate. So instead of using a few high powered cellular antenna towers to cover a given region, you would have a whole bunch of low power high frequency transmitters. For some regions like densely populated urban areas. Many of the carriers out there have already built out the infrastructure that could support this type of five g. They're already these additional cell towers that could just have five g tacked onto them. And the infrastructure is good to go, However, in other areas, like in suburbs once you move out of these densely populated areas. It can get harder to get the permission necessary to build out the infrastructure. There are a lot of communities that don't want to have these these transmission towers erected in their community. It's sort of that. Not in my backyard, the NIMBY principle. I don't want that to be on the top of this building. It's too close to my house. That kind of thing. So this isn't a technical challenge. This is a social or political challenge that companies are going to have to overcome. Have a good five g deployment if they want to use these high frequencies. Now, As I record this A T and T is popping. It's true. Five g roll out in a few select cities, and it will be of modest size and will likely only see a few phones in 2019 that actually support five G technology. But At least we could say those phones and services will be true. Five G rather than four G that happens to be marketed as if it were five G and five G could really transform how we get Internet at home. If carriers can get permission to build out those five G networks and provide coverage, they can run fiber to specific cell sites to those cell towers. They could connect those by fiber to the network backbone. And then they can use wireless transmissions to deliver Internet service to customer homes..

Verizon 2019 25 one second 50% Six gigahertz six gigahertz today one wave cycle per second g six billion wave cycles NIMBY one sector one tower Five g 28 39 gigahertz bands Five G one side one five g
"one sector" Discussed on TED Talks Daily

TED Talks Daily

07:05 min | 1 year ago

"one sector" Discussed on TED Talks Daily

"Talk daily is brought to you by progressive. Have you tried the name your price tool yet. It works just the way it sounds. You tell progressive how much you want to pay for car insurance and they'll show you coverage options that fit. Your budget is easy to start a quote and you'll be able to find a rate that works for you. It's just one of the many ways you can save with progressive. Get your quote today. At progressive dot com and see why four out of five new auto customers recommend progressive progressive casualty insurance company and affiliates price and coverage match limited by state law support for ted talks daily comes from. Ibm tailor-made or one-size-fits-all with a hybrid. You don't have to choose. That's why insurers are going hybrid with ibm with watson on a hybrid cloud. They can use a. I help predict client needs and get the data. They need to quickly design coverage for each one businesses that want personalization and speed or going with a smarter hybrid cloud using the technology and expertise of ibm. The world is going hybrid with ibm visit. Ibm dot com slash hybrid cloud. Not too long ago. A mother told me i can talk to my son in the dark and make her son was imprisoned in pain for phone calls often meant. She couldn't afford her light bill. See families can pay as much as a dollar a minute to speak to a loved one in prisoner jam. These egregious rates have created a one point two billion dollar prison telecom industry and with visit costs forced one in three families with an incarcerated loved one into debt. Eighty seven percent of those carrying this financial burden are women and as a result decades of racist policies and policing their disproportionately black and brown prison. Telecom corporations claim that these high rates are necessary to pay site commissions to prisons and jails and provide security and surveillance while the government's hands are far from clean. These corporate claims are simply not supported by reality. Consider this in connecticut where families are charged does much as thirty two and a half cents per minute and the state takes a sixty eight percent commission. The telecom provider takes home ten cents per minute now in illinois. Where the state takes no commissioned families pay the same corporation tenths of a cent per minute in other words even after the government takes its cut. The corporation makes ten times more in connecticut than it doesn't illinois for providing the same service and prisons in illinois are no less secure than those in connecticut. These are simply corporate arguments. Used to justify predatory business practices and distract from very simple truth corporations in the prison industry have a financial interest in seeing more people behind bars and for long periods of time in reality providing families in their incarcerated loved ones with regular communication is not just the right thing to do. It's also the most fiscally responsible and safe thing to do you think taxpayers shouldn't be on the hook for phone calls for people who have committed crimes. Remember this the most expensive are charged. Jails where the majority of people are awaiting trial in not yet convicted. Prison wages ranged from nothing to a few cents an hour so it's hard working taxpaying families that are paying for calls and maintaining strong community ties is one of the most important factors in a person's successful re entry upon release it improves housing employment and social outcomes making it less likely that people need government support or end up back in prison. The bottom line is that prison. Telecom corporations and the thousands of others in the prison industry prioritized prophet as they promote the caging of people to explain them and their families see prison. Telecom is just one sector in the eighty billion dollars prison industry when i say prison industry. I'm talking about food. Service corporations that serve rotten meat to people behind bars healthcare providers that deny incarcerated people care in architecture firms that designed windowless six by nine foot cells for solitary confinement where people spend weeks months and even years we invest in these corporations through our retirement funds public pensions university endowments and private foundations and we celebrate their executives on the boards of our favourite cultural institutions and in all fairness it's not just the private sector it's also government agencies that charge excessive fines and fees an abuse free or grossly underpaid prison labor to manufacture license plate stacked dmv call centers fight wildfires. And yes even pick cotton so this begs the question. How can we address. Our crisis of mass incarceration if an entire segment of our economy is fighting to put more people behind bars for longer. We can't but we can demand and create change. The key is running coordinated policy incorporate campaigns. That's the playbook. I put to use when i founded worth rises a nonprofit prison abolition organization dedicated to dismantling the prison industrial. Let's go back to prison telecom. For quick example in two thousand eighteen we let campaign in new york city that passed the first piece of legislation to make jail phone calls. Three saving families with incarcerated loved ones nearly ten million dollars a year an increase in communication by roughly forty percent overnight in two thousand and nineteen. We helped local advocates in san francisco. Introduce a similar policy and launched several statewide campaigns to do the same that same year we fought the consolidation of two major market players in front of the federal communications commission and one we blocked one hundred and fifty million dollar investment by a public pension with a private equity firm that owned a prison telecom corporation and we removed one of the largest investors in the field from a major museum board in just two years. We talk supplied the industry and threatened its business model causing an investor sell-off but more importantly that means millions of families connected and billions of dollars protected from the predatory hands of prison profiteers. It means fewer dollars invested in promoting human caging and control and it means at least one. Mother won't have to sit in the dark to talk to her son again. Thank hello chris. Anderson had of ted here that took was by one of our impressive. ted fellows. ted fellows program recognizes local leaders and equips them to make change on the global stage. There's a possibility you could be one of them. Learn more at ted dot com slash fellows an applied today to join the program. That's two dot com slash fellows..

san francisco one hundred new york eighty billion dollars forty percent Anderson chris billions of dollars Eighty seven percent illinois three families two years progressive dot com sixty eight percent today two billion dollar two major market players one sector one two thousand
"one sector" Discussed on Progressive Talk 1350 AM

Progressive Talk 1350 AM

07:53 min | 1 year ago

"one sector" Discussed on Progressive Talk 1350 AM

"And try to just move with the industry to adopt in our the benefit of going forward is that you get an early Hit at those consumers who want to have those five G features as soon as they possibly can. But the danger is you're going to have to spend a lot of money to change out all that equipment. Verizon Ford's part, has said they're not going to pass those costs down to customers. They're not gonna see a big bump. In their subscription fees in order for Verizon to go in and change out all this equipment once it's once the company has decided that the in our standard is established enough for them to make this change, there's also no guarantee of when that'll happen. So a lot of unanswered questions still All right. Well, I put it off a long as I possibly could. But it is time to talk about what Actually Too low of an altitude. Let's say a satellite view of the technology so Like earlier generations of cellular technology. Five G networks have cell sites that cover a territory. The territory is divided up into sectors. Moving through sectors needs to be seamless for the end user. So for me and you whenever we're moving around, we want to make sure that we don't notice when we pass from one sector to the next If I'm on a phone call with you. And I happen to be riding in the back of a car and I'm not really concerned with how irritating it might be for me to be on the phone conversation while someone else was driving. I'm chatting with you. I don't want there to be any interruption in our phone call as the car travels from one side of the city to the other. And while it's doing that's going to be passing through these sectors, this was sort of the basis of the cellular technology approach. This idea that there needs to be this this handshake in between cell towers. It allows the seamless transition of a call from one tower to the next and it's a pretty complicated technology. I've talked about in previous episodes of tech stuff, so we're not gonna go into more detail. Just to say that five G is built on that same sort of foundation this idea of cells that represent a certain area of service and that those cells can hand off service to neighboring cells. As a person is moving through the different sectors. So on important part of the technology, the cells sites have to connect to a network backbone. They themselves are just magical conversating telecommunications points they have to connect. To a larger communications network. That connection can be wired or it can be wireless. Five G will use wider bandwidths of frequencies than four G dead. But the encoding for data across the five G networks is similar to that of four g. It's called O F. D. M, but there's really no need for us to get into that too deeply. It gets way too technical, and it becomes nearly impossible to talk about without visual AIDS. It's just important to remember. This is the methodology by which five G will convert. Data into signals and then from signals back into data. I know that signals are kind of Kind of data, but you don't understand what I mean. It's for the transmission of that data. Five G is going to run on two bands of frequencies that are on either side of six gigahertz by other either side. I mean, significantly on either side of six gigahertz six gigahertz is kind of the dividing line between them. So it hurts is one wave cycle per second. Uh, so if you have a a wave that's going at one hurts. It means it takes Full second for one wavelength to pass through a given point. You've identified a point You're measuring how many radio waves past that point in one second? You can't one That's one hurts. Six gigahertz would be a frequency in which six billion wave cycles past a given point every second The low frequency networks will operate within existing WiFi and cellular bands. So at that wavelength signals can travel the same distance as what we use today. The nice thing about that means you don't have to build out a ton of new cells to get the same coverage. You could actually add equipment to existing cell towers. To support five G because you can transmit Justus far as you could. With the four G methodology, However, those frequencies aren't able to carry quite as much data on them as the high frequencies ones can So you won't get crazy fast or a crazy huge data transfer rates, they would still probably be better than four G. But not the enormous incredible potential ones we've heard about. But we would still probably see data transfer rates that air 25 to 50% better than lt However, the high frequency five G tech is a different story. It will rely on millimeter wave frequencies around the 28 39 gigahertz bands. Because that's where there's a whole lot of space for big communications channels that can carry huge amounts of data very quickly. These radio waves can't travel as far with enough power to be relied as reliable as the lower frequency variants can So in other words, they don't have as great a range of transmission, which means companies would have to probably build out a lot more. Five G cells, too. Make their network have enough coverage. On the flip side, the cells wouldn't have to be nearly as powerful as the cell towers we rely upon today they could actually require much less power to operate so instead of using a few high powered cellular antenna towers to cover a given region. You would have Ah, whole bunch of low power high frequency transmitters for some regions like densely populated urban areas. Many of the carriers out there have already built out the infrastructure that could support this type of five G. They're already these additional cell towers that could just have five G tacked onto them, and the infrastructure is good to go. However, in other areas, like in suburbs once you move out of these densely populated areas. It could get harder to get the permission necessary to build out the infrastructure there a lot of communities that don't want to have these these transmission towers erected in their community. It's sort of that. Not in my backyard, the NIMBY principal. I don't want that to be on the top of this building. It's too close to my house. That kind of thing. So this isn't a technical challenge. This is a social or political challenge that cos they're going to have to overcome. Have a good five g deployment if they want to use these high frequencies. Now, as I record this, a TNT is popping. It's a true five g rollout and a few select cities and it will be of modest size and will likely only see a few phones in 2019 that actually support five G technology. But At least we could say those phones and services will be true. Five G rather than four G that happens to be marketed as if it were five G. And five G could really transform how we get Internet at home. If carriers congrats permission to build out those five G networks and provide coverage, they can run fiber to specific cell sites to those cell towers. They could connect those by fiber to the network backbone. And then they could use wireless transmissions to deliver Internet service to customer homes..

Verizon 2019 six gigahertz one second 50% Six gigahertz 25 one wave cycle per second 28 39 gigahertz NIMBY one side today six billion wave cycles Ford one wavelength four G two bands Five G TNT one sector
"one sector" Discussed on WORK IT MOMMY PODCAST- JOIN US!

WORK IT MOMMY PODCAST- JOIN US!

04:02 min | 1 year ago

"one sector" Discussed on WORK IT MOMMY PODCAST- JOIN US!

"And you touched on a good point what they're Certain sectors get affected at certain times in that's also the importance of having a diversified portfolio. So like i would say I like you know you don't you don't have to start off with a lot of money. You can just start off with You know an allotted amount for investing knowing that you you won't need this money immediately in then don't just buy into one sector. I don't just by technology stocks. Don't just buy travel or don't just buy healthcare. you wanna sprayed it out. We first start off. You may start off in one sector but as you grow your portfolio think about investing in different sectors because absolutely when things happen they happen disproportionately to companies just like when covid nineteen happened it. Disproportionately affected the travel industry but some industries were like booming. You know so it can disproportionately affecting so chata bursa fire stock portfolio. Yes and you actually said something on your instagram A while ago that Was interesting to me. You said Make sure i get it right hopefully are going to wrong but It was You know recessions are also a good time to purchase stocks which a lot of people all. We're in a recession. That's the last thing you should be doing. Can you explain that to us a little bit. Yeah so recessions. typically bring lower stock prices. Now some people try to time with. There's no possible way of knowing that you're at the bottom. Well why don't you see the kind of towards the bottom. you can buy stocks for instance During the recession i don't yet. This was taking the recession. I bought airline stocks about Delta airlines because when the pandemic hit airline stocks went down like sixty percent in like companies like delta are going to recover. Hey it's time to buy at a discount so you can definitely find some good deals especially if you have money that you don't necessarily need within like the next year so you know then you can start to buy stocks. They're down during the recession. Okay if you know what. I just learned very important. Listen hear more on this story for me is ask you anytime. I'm thinking about because right when you said that i was like. Oh my gosh. Why did i think that like that is genius. Of course all basically anything has taken a major hit right now by that because it's fallen you know down way sixty percent that's crazy and yet as soon as things lift up and you know things resume normalcy and everything people on travel again so then there's boo coups girl. I can't even okay. Let me just try to get some before. It's too late. Thank you so much for that. So yeah that's so guys if you wanna know you head over to her instagram and see which he's posing because then you'll know you'll be in the know you know that's great advice. Thank you for that. All right guys or i wanna thank you all so much for tuning in today and just getting these financial tips. Thank you so much for sharing your a new project that you have is really targeted for kids. It gives them some materials that they can refer back to and this whole program and it's only seven dollars guy. That's what i'm talking about. This is a very you know. Well worth investment because the initial investment is not very much at all. We can all do that. I definitely will be purchasing the package so thank you so much for being today..

Delta delta sixty percent next year today seven dollars instagram first one sector nineteen coups money chata bursa
LG Bows Out of Smartphone Business

News, Traffic and Weather

00:33 sec | 1 year ago

LG Bows Out of Smartphone Business

"For its Electron IX, is bowing out of one sector L G is getting out of the smartphone business. Gizmodo, editor in chief John Biggs says. L G has a long history of memorable phones. Algae made one of the first nexus phones for Google. So it was a was one of the early android phones. The big says Well, phones like the $1000 Wing grabbed the attention of reviewers. Customers didn't always materia. Allies that combined with the growing popularity of Apple and Samsung phones met, LG was forced to cut its losses and the answer that competition is eventually you just have to cut and run. By Michelle

John Biggs Gizmodo Google Samsung LG Apple Michelle
"one sector" Discussed on SRB Media Podcasts

SRB Media Podcasts

03:50 min | 2 years ago

"one sector" Discussed on SRB Media Podcasts

"All one hundred percent hundred percent didn't realize until the telhami foster team thought. Yeah he's players will make me bill member hutton off Stairway closes the only two people understood each other on the gesture but relationship with bucket with the i love the up so often fall clock stuck at two teams at the club. He also is is monitoring just west. Mead s notice was unbelievable. Just just hey go home with them. Lee clock don't okay. We didn't yup loved them. Yeah up played against huddersfield teams here it. It wasn't any different to what you see in a bluer. Posh that you could. You could see maybe keck inevitable when the lesson he finally say to meet such a sentiment will soft soft. Say tim that or probably only seen it. I'll say we lost at january. That's how it ball the club a try to try this year that we stayed dealt with the terrible home run. He january seven betrayed at hotel ballroom. Betrayed doing different things in china betrayed. Meet not much is not meeting for three months ivine. So you're going to speak to me. That's yeah we spoke to him just before christmas really noise going so fast so only step so am somebody's somebody says Do you realize that you are a blues law hero to realize how much of an era you are not not generally a so often lot game dotty penalties golden stockings. Assess the monge. Celtic pleaded celtic and rizzoli kofu Not sunday after the boot and get all the monday. Saudi sunday deal. Monday and the talk was at will go ahead of Well go ahead. I was guy tea table. An amendment of intimately nate lesson. You'll laugh at us club watching from this day. And i was twenty five twenty six. I'm late yeah. Yeah just cannot. I'd one they'll not expect in general people coming up. Not nate clients. Save my job. You've done national mahmadi body composed one of those massive clubs. You realize to get actually unseat yet. But i think for me. I'm sitting here thinking of the actual consequences. What would have happened if you hadn't school dot fell skating. Yeah he's quite scary to think what would actually happen because we probably would have done the portsmouth over muscle now that one. I could feel it. Yeah the portsmouth. The one i can really think the decent sized call both Need the size of a decent. Sized clubbing is home to. That's called zia seinfeld. Could soon as well. They've not a rundown elite wanted championship uncovered took as well. It didn't a few seasons to get league. One back to the net championship is well. You know so. There's no guarantee you're gonna come back so heartlessly especially with a the more. Football goes on to give the money and the fame Obviously ridiculous so the photo plea coming down from the championship from the family. Chomping chep to leak one sector. Living years ago was pleasantly jumping Played every week and vote with the money not even just going and buying ford players..

ivine Monday three months zia seinfeld two teams huddersfield january monday china this year christmas Celtic hundred percent sunday two people portsmouth twenty six celtic both twenty five
"one sector" Discussed on Biz Talk Radio

Biz Talk Radio

03:08 min | 2 years ago

"one sector" Discussed on Biz Talk Radio

"I mean, you gotta go brick by brick block by block. Whatever it is right now. Andre. That's what you're doing, so don't get If I would tell you, Greg, don't even look at it. Percentage wise because you can't be there's no way you're going to be close and I don't want you to waste a lot of brain drain on trying to figure out how to do it. You really can't So you're building the foundation. And then all of that. Ah, year from now, a year and a half from now, two years from now, maybe that'll start coming into play and you're gonna have to pay closer attention to it. Okay, I got you. Y'all have a good day. Thank you. All right. Max greatly appreciated how Greg still listen, and I've got a little bit to add in there another way of looking at it. If you're for that age model for the portfolios that I manage, if there Really heavy in cash, then Yeah, we're starting. We're starting systematically a little bit each month. But for sounds like he's just adding a little bit every month. One good way of doing that is maybe to split about half of the new money going into a core. The foundation of that portfolio, which is the one sector or the one piece of the pie that has the biggest percentage. And that's one of those et efs the biblically responsible E. T s. And that's gonna provide a core foundation that's going to give him about. 300 positions just in that one holding and then, like you said, rotating through those top sectors, maybe use the other half for the top position the next month, go in and split it again. Add to that core position and then maybe get the number two spot and that would be a good way to Um Get established in those foundational positions. Try to maintain a little diversification. Yeah, Yeah, yeah. Yeah, Good. All right. Let me go to We don't have much time here. All right, 6, 10 363 11 10, folks. I hope you're gonna be on our conference call today and tomorrow and I don't know. So Ah, Lot of you participate in the Bible study on Friday mornings. I hope you're gonna be with me. Boy, I tell you, You know, I slept really good last night. But I was up at 1 30, but it was okay because I got my three my four hours in and they were firsthand and I feel good. But I was all over the place this morning. A. So I was thinking about tomorrow morning. And How to mess me up, but I I believe it was Providential and it's gonna be good tomorrow. Pure joy that you can just click on that tab. That's resource tab on our website. If you want to know how to join tomorrow morning, I hope you'll I hope you'll do that. So, um This is going to be An interesting.

Greg Max
Washington State Home Sales Are Running Hot

Morning News with Manda Factor and Gregg Hersholt

00:25 sec | 2 years ago

Washington State Home Sales Are Running Hot

"State's economy has taken plenty of hits during the pandemic, but one sector has not only recovered. It's actually better than it was this time last year. Fueled by very low interest rates pending home sales are up nearly 500 from this time last year, and even the home prices are higher. The number of new listings has risen over the past few months is well, according to the Northwest Multiple listing service. The number of new listings is also higher than it was this time last year

At a Crossroads? China-India Nuclear Relations After the Border Clash

Monocle 24: The Globalist

09:49 min | 2 years ago

At a Crossroads? China-India Nuclear Relations After the Border Clash

"We start the program tracking one of the most potentially SA- serious spot points globally the ongoing hostilities between the nuclear-armed countries, India and China earlier this week they discharged weapons that each other for the first time in forty five years as a four month standoff between their armed forces escalated into warning shots in the western Himalayas. The skirmishes worryingly reminiscent of the circumstances surrounding the beginning of a war between the two in one, thousand, nine, hundred, sixty, two. Yesterday. The foreign ministers of the two countries met in Russia in a bid to defuse the military standoff Jonah Slater New Delhi Bureau chief for The Washington Post and Isabel Hilton China dialogue join me on the line now. Thanks both for for joining us is about what was behind this most recent exchange of shots. That rather depends who you believe I mean one. Of the meeting that has taken place in Moscow, which has been some extent. Calming is that neither side will acknowledge any wrongdoing and indeed continue to blame the other. There is a very in general terms there isn't defined line of actual, control? The seem to be signs that the past three or four months across quite a a a length of it. So not just in one sector, China has been a pushing the actual you know situation on the ground by crossing the line of Control China, accuse his India doing the same thing in this most recent incidents and says that it had to fire shots in the ad to deter what was Indian aggression India has said over the repeated incidents over the past few months that China has advanced and then has not on a promises to retreat. So we now have quite an extended standoff which began in the in the West and sector. But has now extended to the eastern sector to what in your Natural Pradesh which to southern. Tibet. So it's a sustained standoff still during the what more do we know about the outcome of the meeting between the two men yesterday Well we know that they met for two and a half hours a lengthy meeting their first in person meetings since the crisis began Jason Curve India's foreign minister is a is a former ambassador to China. He has deep experience there. But in terms of outcomes, what we basically have is an agreement to continue talking it's not nothing but it's definitely not a breakthrough I mean Isabel do you think there's any real appetite for compromise and given China's current aggressive stance globally will one be trying to dial it down I think that I don't see very much appetite for compromise on either side we all you have is highly nationals governments which both. Set great store on territorial integrity and and then of course, you come to the sensitive point where the territories real defined and then you have a you know constant potential for confrontation. But if you add to that I mean what one thing that is very different from in in this border confrontation with other areas of conflict China like the South China Sea for example, where were you have because it's accessible and and territory marine territory that's used by lots of different kinds of people in people from from different countries, you can enact a conflict at a lower level if you like using fishing boats or or customs boats, and you don't actually have to use your main forces. But this is highly inaccessible territory. The only people who are out there really are our armed forces and they have increased. Both sides have increased the presence of their forces really dramatically in the last few months, and in the last few years, they have increased access to the border by building infrastructure building roads and railway building roads rather So you have the potential to mobilize both heavy weaponry and larger numbers of troops When you have a moment like this, do strategically, I would say that China is trying to discourage India from. Joining in a mall full blooded way any anti-chinese coalition organized by the United States so the has been quite a warm relationship between Modiin trump as we know, and and the question is how far India will take this because that could be a Catholic. And during this meeting, come about because the to happened to be in Moscow anyway or is Russia playing the piece Burqa. Well. Both of them would have been at this meeting, but it does seem that Russia is playing a little bit of a role of convener here as a country that. Ostensibly would like to see tensions reduce. It has constructive relationships with both countries there have been reports in the Indian media suggesting that I'm sorry that Russia was doing some quiet diplomacy behind the scenes earlier in this crisis but I think the these these two men obviously would have been there anyway just comes at a very. Sensitive, sensitive, and important time. It's about what's in it for? Would I guess it's less less difficulty in the neighborhood they do as we've heard have rush the Russians do have constructive relations Russia likes to be seen as a broker these days I mean the whole trajectory of Putin's kind of outward posture has been to assert Russia's important so to be able to mediate between a traditional friend India and. country. Rival with whom relations little complicate it China would greatly enhanced prestige. One of the difficulties is that what we know from the reorganization, for example, the Chinese military which is put sheeting. Very firmly, inconspicuously in command, we need to assume I think that decision is made about deployment of troops and our posture go very much to the top So you know without a signal from the tall, the foreign ministers of my decide couldn't actually resolve this. Yeah. How do you think this fits in with the the general foreign policy aims of India. I don't think expected crisis with China I. think that was not part of its. Foreign Policy Goals as Isabelle was speaking about no, India is. Wary of China's rise, it has been drawing closer to the United States and also to this grouping called the Quad, which includes the United States Japan and Australia this one of the interesting aspects about this crisis with China along the line of actual control is that India says at least that it's at a loss to understand why China is doing this it repeated that again today that. Shot, the tiny side has not provided a credible explanation for this deployment. Jay Shankar, the foreign minister a few days ago said repeated that India's is a little bit flummoxed here, and so if China is sending a message that it doesn't want India to draw closer to the United States, India's not really getting the message quite clearly So I think that's one of the strange parts about this entire episode, which is we don't India claims at least not really understand what China's motivations are for this. Quite significant deployment along the line of actual control which began in April and then Burst into actual skirmishes, skirmishes in May, and then the deadliest violence between the two countries and more than fifty years in June. I mean Isabel attorneys right WH- one can't really see what's in it for China I. Mean as you say, this is an area where there's really not very much. It's inaccessible the only people there are the soldiers. What's the point? I think the point is is partly to shore up she gene pins reputation at home is a vigorous defender of China's global position and Chinese sovereignty, and you might well argue that that sovereignty over a few miles of inaccessible mountain compass matter but they matter symbolically domestically in China. It also might be I mean, we've seen a passion of a very assertive behavior. Put it no more strongly from China pretty much since the coronavirus outbreak and a lot of you know if you look across the piece it what's been going on there had been provocations in around Taiwan with you with Chinese. Military flights crossing into Taiwanese airspace very recently and and we have you know I, think for the first time that I can recall in. Since the sixties we have on this board, we have confrontations in both the important western sector and the equally important eastern sector. Now, that's that's kind of unusual that does signal a much more firm intent to send a message even if it's not a message that India understand. So it may be a message that's being directed to the Chinese public that you know we can do this because we are bigger and stronger than India and we will continue to defend. China's position in the world.

China India Isabel Hilton China South China Sea United States Russia Jason Curve India Moscow Isabel Delhi Bureau Jonah Slater Natural Pradesh The Washington Post Tibet Taiwan
Sudden Volatility in Tech Stocks Unnerves Investors

BTV Simulcast

05:07 min | 2 years ago

Sudden Volatility in Tech Stocks Unnerves Investors

"Our next guest. He's that doesn't see the significant rotation away from technology. Gary Dugan runs their global CIA office, an independent investment advisory firm, and he joins us from Singapore. Gary Great to talk to you. Let's just Start off with why he think that the tech rotation stories and really a flyer. Well, I think you've got something more kind of on the other side and we really struggled still with cyclical stocks. They don't getting pricing power. The volumes are still pretty mundane, and we're not getting significant surprises The upside It is still quite a contrast with tech sector. Well, absolutely, and tell me about what you have right now from your client base as a family office and behind that worth individuals a times it's all about wealth preservation. Of latest being about growing. Your capital base is their point, an inflection point where they retrench, and that's going to be key. I don't think that will change in the weather. But don't don't retrenchment starts in terms of a significant shift strategy until the Fed changed strategy, and we're still getting more of what was in the last decade. What the Fed is underwrites the markets. It's dragging old fields down and people still searching for income and they're they're saying if I can't find income are gonna have to go for capital growth. There are very few sectors that author kind of almost You know, confirmed, you know, 100% probability is going to get some activity such capital gains that really only come into the tech sector on a small smattering of other growth sectors. Well, Absolutely. So where you know what sort of noise you're getting in the moon. What's the biggest question you'll be asked Bio client base. I think the biggest fear of the moment is a big backing up in long term interest rates. That has been a bit ambiguous, certainly anchored the short and the market. We've got near zero sorts of interest rates. But would they let long term interest rates go higher? We don't think so. I think the fact is, we see interest rates of 10 years on the U. S. Government bond moving towards the 1% bubble. I think it will be in managing the yield curve on getting those fields back down to maximum 70 basis points, so I think that is in this place. That's number one fear of the moment. Gary, you talking about how you're not seeing a rotation out of tag, but Fang stocks trading at 31 time, Speedy I mean, when do they get too expensive to be to be playing tag? Hey, very simple Maths on gross boxes. That evaluation is the future profitability and be fair. But no. These companies got profits these days, not as they had in 2000. And you divided by discount rate, not discount right from the Fed, we're told is close to zero because they're now kind of projecting or giving us suggesting the market suddenly discounts the market no increase in interest rates. Some years to come. So if you can find any company out there give you 10 15 20% owners growth You kind of almost putting infinity P multiple in. Maybe just, you know, just giving something exaggerated, But the P multiples could be a lot higher. But why they stand today. We talked about how Masayoshi son and solved by taking a big bat in the options market. What do you make of the options frenzy? Do you expect it to purses? I think it will do But, you know, of course, the market's being cold now because of the soft bank of very major player in the volumes of which they would be stealing in the market would've probably overwhelm any other buyers and sellers. So not to say it's a manipulated market. I think that someone suggested maybe Softbank's running a hedge fund now rather than corporate strategy, But it just shows that there are very few places that people feel comfortable. Make trying to make gains. The longer term. It is very focused on one sector. But as I suggest These companies are delivering corporate profit forecast kind of 10% since June for the tech sector still down from when he started the year. There are very few sectors delivering that kind of good news the moment Gary. The trajectory higher for the full for the stock market isn't likely to be without bombs. How do you hedge against the volatility that is expected? You know, it's good question. We obviously got a very strong rebound. It's quarter forecast for GDP numbers have gone up over recent weeks, but then things will calm down. We've become down a long labour recover somewhat. And then things will have to get back to the door. But I think the one concern I have out there the bone, but it's the central banks of being helpful. I'm not so sure that governments might be to be so helpful. They are limited on fiscal policy that spent a lot of money already. Driven debt up to considerable amount of the GDP. Most countries close to 100% or beyond, and therefore if you have government, but a little bit more sensitive, maybe people be a bit more concerned about the outlook for growth in 2021.

Gary Great FED Gary Dugan Gary Singapore Softbank CIA U. S. Government Masayoshi
Private sector of U.S. economy added 428,000 jobs in August: ADP

Bloomberg Surveillance

04:58 min | 2 years ago

Private sector of U.S. economy added 428,000 jobs in August: ADP

"ADP report. If you worked during the month on a payroll, you are considered employed. So another 428,000. People came back to work, at least of the companies that ADP you does payroll services for So, Michael on the employment data that were coming up later. What do you expect? Really? To see here? Were you looking for Well, we're looking for a slow decline in the number of new jobs created. Remember, ADP does only private sector jobs. So you have to look at the private sector numbers for the U. S report on Friday. And what we're looking for there is private perils. 1.3 million will call it For private sector payrolls on Friday that would be significantly slower than the 1.5 million that we got last month, and economists are wondering if there's even a possibility of a smaller number than that. So a teepee might point in that direction. But again, they haven't had a great track record the last couple of months. All right, so the economy is trying to get back on its feet here, maybe at a slowing rate. How do you think the folks in Washington reviewing some of these employment numbers It's definitely going to be seen through the political lens. Bad numbers. We're going to be seen by Democrats as a reason to go ahead and pass the larger stimulus bill, especially with the threat of extended state and local government layoffs. Those don't show up in a teepee that are expected because the states are out of money, and they have been able to provide any eight Republicans would point to good news. And say, Look, we don't need to do this. The economy is healing. So even though the numbers may not be telling us a whole lot about where we're going from here, the politicians could make something out of my given all the economic data that you follow. Where are we? In terms of the employment cycle? Have we seen the bulk of the rehiring the easy rehiring? From the shutdowns already past behind us, and now we're seeing some of the structural layoffs. I'm thinking about Continentals layoffs yesterday. I'm thinking about the airlines, possibly cutting half a million jobs by your end. We have seen probably the easy part. We are seeing a consensus forecast that unemployment goes below 10%, but this week, But that is probably going to be the the end of the easy moves because so many cos they're coming back online and finding demand isn't there. The interesting thing will be the airlines because they have this September 30th cut off. They have to keep people on payrolls until then, And right now, it doesn't look like business is expanding enough that they would cut back on the number of layoffs. They're planning how much of the layoff activity that we're seeing in the cuts that we here in all of the earnings reports would have been cuts they would have made regardless of the pandemic that basically there has been this shift. You're tryingto automate as much as possible and getting rid of a significant portion of workers, probably not nearly as much where you would have seen it is in new jobs not necessarily created. But the economy was expanding at a reasonable pace around 2.5% before the pandemic hit and job gains were in the 200 to 300,000 range for much of the last three years, So we're looking at A reasonably healthy economy until the economy got sick, Teo to use the metaphor and we started. We saw all of these job losses because it got completely shut down. The question is now what kind of demand comes back? And how quickly manufacturing is where you see the most automation and so far, that's been the one sector that has come back. We saw that in the report yesterday. So, Michael, we have an unemployment rate in this country of just over 10%. That's down from 13%. What's the consensus number for the next 12 months or so? Well, I don't think anybody really has a great idea. The general consensus has been it would be around 10% for a few months. 9.8% is the forecast for Friday. I don't think you'll find anybody who thinks we'll get anywhere close to where we were 3.5% in February for several years, if even then So the structurally Michael is there a sense that maybe you were seeing some real changes in the economy resulting from the pandemic? Whether it is a work from home, whether it is automation. Whether is more technology, replacing some workers. Is there a concern that Its unemployment rate, maybe stubbornly high for the foreseeable future. Absolutely, And it's going to require some kind of new economic thinking out of Washington to try to do something about it because we are seeing structural shifts in the economy. The question is, how fast do we recover demand? Do people start wanting to spend or do they start saving him? It's hard to come up with an analogy to what happened here. But if you look back at the great Depression for years after that people did not spend excess. They saved quite a bit and so are people going to do that? Are we going to see a return to the credit fuelled growth that we saw for so many years ahead of this? If you want to say if you probably could just stuff it in a mattress because we're getting the

ADP Michael Washington U. S TEO
Big Tech companies report mixed earnings amid pandemic

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:48 sec | 2 years ago

Big Tech companies report mixed earnings amid pandemic

"Declined for the economy, but not for one sector. Big tech. Marty is big money even during the pandemic after we got news that the U. S economy contracted I nearly 33% of the second quarter. We've got earnings reports from some of the company's biggest tech companies. And while they're doing just fine Amazon at almost $89 billion in revenue in the second quarter, Facebook's $18 billion haul was better than expected. Google's revenues were also better than projected, an Apple reported revenues of almost $60 billion. Company also announced a four for one stock split. That gives three more shares to an investor who owns one, and it makes single shares more affordable. Current company stock trades for over $380 a share. That means buyer's gonna have the chance to purchase a share for about $100 starting in August. Right now on

Marty Facebook Google Amazon Apple U. S
Mounting COVID-19 Deaths Expose Deep Crisis in Australian Aged Care Homes

Coronacast

02:56 min | 2 years ago

Mounting COVID-19 Deaths Expose Deep Crisis in Australian Aged Care Homes

"We're seeing a lot of cases of covid nineteen linked to age facilities now, which obviously a huge worry, because H K this lady's a high to very vulnerable people in terms of infection from the virus, and often the people who work there of vulnerable in different ways perhaps have less income security than they would like. So how do we manage this problem of in aged care? Become a political issue. The is largely in private age. CARE facilities in Victoria which come under the responsibility of Komo of government, the Commonwealth Minister Senator Kobe said well, there's really not this is not a systematic problem with these centers, sending in help to boast or furloughed staff, and so on, but the fact of the matter is, you can't have sixty age care facilities with problems and not have some sort of common issue across facilities, and it's likely to be although still to be shown I mean we've got an each care. Care Role Commission going on. Australia, we've had significant problems to do with residential care and complaints by residents and their families prior to Covid nineteen, and now here we have with covid nineteen, a very large outbreak in new, south Wales, and we not have multiple outbreaks or clusters or centers of infection in Victoria sixty more than sixty. In fact, so this suggests something common to these care facilities, and we're not seeing them in public facilities to the same extent in Victoria. So what is that about? And you can only speculate, and you can speculate that they haven't invested necessarily in expertise in healthcare support registered nurses in training in having PP available, and you're hearing rumors rather van concrete information You hear that h care facilities have their covid nineteen plan, but they've not implemented. It's just a piece of paper. In case, somebody comes around and checks or the not knowing how to implement it. Must indicate just cannot be anything other than an indication that there's something seriously wrong with the way the run H care residential facilities. What is the K. differences between public and private facilities? Do we know again? It's speculation, but what you hear is that public facilities residential homes in Victoria are more likely to have on staff are available to them. Some medical and nursing expertise, particularly nursing expertise, whereas private facilities may not, and it's about costs investments. May, be a situation where you can actually blame the individual home. If you've got across sixty, it may well be that the system of funding care is is at fault and that these age care facilities just unable to ride safe environments. If you're getting in one sector and not in another, there's something going wrong and we need to find that out.

Victoria Covid Senator Kobe Role Commission Komo Australia South Wales
Security Firms Soar on Stock Market Following Twitter's Big Hack

Business Wars Daily

01:47 min | 2 years ago

Security Firms Soar on Stock Market Following Twitter's Big Hack

"When the world's biggest celebrities asked their twitter followers for money a couple of weeks ago. Users like Barack Obama Joe Biden Elon, Musk and Bill Gates sent tweets promising to quote enrich the community. Send A bitcoin payment. They said and will give you back double. The amount you sent. The tweets came from their verified accounts. The ones marked with a little blue check marks that tell you it's really them. Only, it wasn't really them. All a scam the accounts had been hacked. The tweets were flagged quickly, but not quickly enough. Apparently hackers pocketed more than one hundred thousand dollars before the tweets were removed according to Forbes. This isn't the first time twitter's been hacked, but it marked the worst breach in the company's history. The hack left users and shareholders rattled amid new questions about the platform security. Twitter's stock took a hit, but one sector got a bump from the attacks Cybersecurity, california-based crowd strike was one of the stocks that enjoyed a bump after the hack on Thursday. Shares of the company Traded Higher Building on an upward trend this year. Alex an analyst at research firm Needham, told Tech Website Been Zinger that high profile hacks usually drives cybersecurity stocks higher. Crowd strike offers a range of cybersecurity solutions including protection from phishing emails. They also train employees to spot social engineering breach attempts another stock that enjoyed a post. Hack bump was cyber Ark which specializes in protecting what it calls privileged access, so let's say you need special credentials to access certain areas or data within your network cyber Ark monitors those areas and sounds the alarm when changes are made like they were doing the twitter hack. That additional scrutiny may have stopped the bridge.

Twitter Barack Obama Joe Biden Elon Bill Gates Forbes Musk Analyst Alex Needham
China's economy grows 3.2% as virus lockdowns lifted

Hugh Hewitt

00:40 sec | 2 years ago

China's economy grows 3.2% as virus lockdowns lifted

"China, the first major economy to grow since the start of the pandemic. The Chinese economy, recording an unexpectedly strong 3.2% expansion in the latest quarter after lockdowns airlifted in businesses reopen. It seems like all the stimulus measures that the authorities announced as the economy emerged from that look down seemed to be working, so factories are getting busier. We also saw industrial production numbers coming out up some 4.6% but one sector That still hasn't recovered as quickly as they had hoped is, retail sectors of retail spending is still down by some 2% and that will be the challenge for the authorities to get people to start spending money again. The

China
Coronavirus: Chinese economy bounces back into growth

Radio Specials

00:48 sec | 2 years ago

Coronavirus: Chinese economy bounces back into growth

"Economy has returned to growth in the second quarter of 2020 after being hit hard by the Corona virus figures suggest growth of more than 3% from the same period a year earlier. It means China, which is the world's second biggest economy, has avoided a recession. Mariko Oi says the figures were better than expected. It seems like all the stimulus measures that the authorities announced as the economy emerged from that look down seemed to be working, so factories are getting busier. We also saw industrial production numbers coming out up some 4.6% but one sector That still hasn't recovered as quickly as they had hoped is, retail sectors of retail spending is still down by some 2% and that will be the challenge for the authorities to get people to start spending money again. Twitter

Mariko Oi Twitter China
Loopholes In Small Business Relief Program Allowed Thriving Companies To Cash In

NPR's Business Story of the Day

03:42 min | 2 years ago

Loopholes In Small Business Relief Program Allowed Thriving Companies To Cash In

"Here is the harsh math of the paycheck protection program. Hundreds of billions of dollars in USA government loans are not nearly enough for every small business in need so in one company gets alone. It that others may not. That's why it matters that accompany received millions at the very moment that it's business was booming. Npr An investigative correspondent Cheryl W Thompson reports. If there's one sector of the economy that's in high demand right now. It's medical testing earlier this month. Long island-based Kim Bio Diagnostics was one of the first companies to get emergency. Fda approval for blood tests to detect covert nineteen antibodies and says board member and former interim CEO Gil page. They're looking to grow and order. I the ramp and as the things we need to do to increase Armenia factoring capabilities. You know we felt like having the supplemental a dollar amount or law is very helpful in helping. Us employs people alone. She's referring to the SBA paycheck protection. Program Kim biometrics diagnostic tests for all kinds of infectious diseases. They worked on HIV EBOLA ZEKA and others. Fda approval of companies fingerprint cove in nineteen tests created a huge opportunity. Their stock price averaged about five dollars a share over the last year and yesterday it closed at about eleven dollars the paycheck protection loan would give them the liquidity to help them grow. They applied for and got nearly three million dollars. When you get these pandemics and there's all of a sudden this big rush and you need to be able to supply the problem is. That's not what the paycheck protection program is designed to do. The goal here isn't to expand the size of companies. The goal here is to kind of keep them alive while we get through this crisis. Margot D- wine is the senior policy director for the Committee for Responsible Federal Budget in Washington. Dc He says the program is for companies that are struggling losing customers laying off employees on the brink of shutting down companies. Have to self certify that they need this money because they are experiencing adverse effects if they are not experiencing adverse effects. It's probably inappropriate. Gilpin says it was totally proper for Kim Bio which has gotten government grants over the years to work on diagnostic testing to take the paycheck protection. Money when you have a crisis locked it a lot of the customer base that you dependent upon your revenue Kinda slip. Serve here to the side so another. I stay viable and we felt like we needed to participate in stock. Price doesn't represent necessarily cash in the bank. One issue with the first round of disbursements. Was that the law was murky. Florida Republican senator. Rick Scott expressed concern last week. The company's not heard by the pandemic found loopholes and got millions of dollars and remember even though they're giving us loans. Most of the money will be forgiven by the government. As long as it's used appropriately earlier this week officials began issuing a second round of loans. Three hundred and eleven billion dollars. The question is whether mistakes will be repeated. Go Wind says in fact in this next round of funds it looks like the SBA. We'll be doing some more oversight Treasury Secretary. Steve MNUCHIN has tow companies that received money but may not have qualified that they have a grace period to return it the SBA told NPR. That two billion dollars has been declined to return so far that money will now be available in the current application process. Geico page the board member at Kim Bio says the company hasn't decided whether to return the nearly three million dollar loan it

SBA Kim Bio FDA Kim Bio Diagnostics USA Cheryl W Thompson Director Geico Ebola Rick Scott Interim Ceo Florida Steve Mnuchin Gilpin NPR Washington Senator
Data reaffirms expectation for a slowing in consumer spending

Bloomberg Markets

06:03 min | 3 years ago

Data reaffirms expectation for a slowing in consumer spending

"More we are so lucky to have Danielle DiMartino both in the studio with us here chief executive officer and chief strategist of quill intelligence also a Bloomberg opinion column as a former fed employee in Dallas and you know I really want to focus on the consumer we got a number of data today I got a point consumer spending came in lower than expected and the Bloomberg consumer comfort index plunged the most on a weekly basis in eighteen years in eight years and yet Jake how this put all of his eggs in the one basket of saying we're not going to cut rates as long as the consumer hangs in there it's a big bet on his part I mean he really really is not diversifying fed policy let's put it that way all right so I take it just from that come along that you think that the fed you becoming more it's not so much the rate will look the economy is slowing and it gets tiresome to listen to these press conferences when Jay pals clearly in denial yes interest rate sensitive sectors actually let's just say sector because autos really haven't budged in fact auto buying intentions in the latest consumer confidence data are crashing so the only thing the only needle that's been moved by these rate cuts in housing that's it and and we're seeing as I was as I was just thinking least worst we saw in the bank earnings reports that the credit card spending rates have been coming down revolving credit has been a tremendous support for consumer spending we're seeing the saving rate take up we saw that this morning it took up to eight point three percent consumers are clearly battening down the hatches were seen deposits cash savings increase as well so I think the consumer senses that there's something amiss but again that's where Jay pals got all of his bass all right there are two questions implicit here first question well cutting rates actually encourage consumers to spend more no there it it's it's now I I don't think it will and that you know might mean he's been very good at press conferences about drilling him on this what are these rate cuts going to do I think the rate cuts have more to do with the plumbing in the financial system because the fed is buying treasury bills like there's no tomorrow and money market funds are arbitrage in this by parking their money at the fed where they get an additional ten basis points it's boxing the fed into where they have to continue to lower rates okay the second question that I have is regarding that credit card spending is the biggest banks I read the heard on the street column in the Wall Street journal about this and it was not that it is declining it's just that the growth in the credit card revolving credit has been lower right coming down and I guess they're two ways to read this you could read this as a tempering of the economy which everyone knows that it's slowing and you could or you could look at it as out waiting consumer confidence and a sign that things are gonna turn south which is the correct read I think that consumers know that there is slowing let jobless claims of barely moved by the breath of states that have increasing jobless claims has increased from about a third it hit seventy five percent in September we're running about fifty one percent now of state in the country with rising jobless claims and to your point about growth in credit card spending slowing the average weekly earnings will get new data out tomorrow morning but in June it was running at a four percent right in September it'd take down to two point six percent that's the paycheck growth it's not so much that income is declining it's that households know that their paycheck is no longer growing at the same pace so it's it appears a chairman pal and some members of the the dovish fed if you will are thinking about it it's all about the jobs and everybody's got a job on points at its all time low briefly tell off the sidelines a lot blah blah blah blah so tomorrow what's the what do you look at the cut through the blah blah blah tomorrow the jobs number so I'll be focused tomorrow on the sectors where we're seeing job growth if you looked inside the internals of the eighty P. report yesterday one sector financials that was the only one where you saw any growth of any kind and super large companies over a thousand place otherwise you name the sector contracting and you name the size of the business seriously slowing growth so I'm going to be looking at where jobs being created we've seen in the survey we've seen in the soft data that service and employment indices have come down with in in the case of market it's a ten year low so I'll be looking to see what types of jobs are being created dig into this consumer comfort data and you will see that the highest income earners their confidence has been coming down mom at a much faster pace than the people who they employ who still have high confidence are the is the consumer a leading or lagging indicator absolutely lacking every recession like sixty three percent of post war recessions we have been in recession with with expanding consumption it is not something that you look to to see where the economy is headed it is something you look in the rear view mirror to see post facto we're cooking what did you want to hear from chairman Powell yesterday that you didn't hear I wanted to hear a lot more about the repair facility I wanted to hear a lot more about why he contends that it's not quantitative easing just because it's at the at at the short end of maturity curve I don't think there were enough questions that were asked and I think that his intent and his Cinderella wish is to have a nineteen ninety five nineteen ninety eight redox and be Alan Greenspan to where the economy just continues to expand after three rate cuts but in ninety five we were at the beginning of an economic expansion in ninety eight we had a massive hedge fund blowing up these were idiosyncratic events were not there we're deep deep deep into this economic expansion and I would have preferred to have seen a little bit more about him saying no more rate cuts but by the way QB's blasting right king of the Martinez thank you so much for joining us really helpful Daniels the CEO chief strategist of quill intelligence also a Bloomberg opinion calmest giving us her smart thoughts on what we heard yesterday from chairman Palin the fed and what we might be looking for to what we need to focus on tomorrow with the jobs number of course Bloomberg radio will cover the jobs report in full as we

Danielle Dimartino Chief Executive Officer Chief Strategist Dallas Bloomberg Seventy Five Percent Sixty Three Percent Fifty One Percent Eighteen Years Three Percent Four Percent Eight Years Six Percent Ten Year
Shkreli awards for the worst actors in health care

Second Opinion

03:33 min | 4 years ago

Shkreli awards for the worst actors in health care

"Medical care is in a crisis. This is Dr Michael Wilks where they second opinion as a nation. We spend eighteen percent of our gross national product on health care, frankly, we are not getting good value. There are loads of problems getting doctors to modernize their practices creating a larger role for mid level providers, like nurse practitioners, and physicians assistance. And of course, greed the enormous drive for profit in America has become the major influence in healthcare delivery. And this greed is not confined to any one sector the list of greedy organizations in medicine is long and diverse. But at the very top of that list are the pharmaceutical companies drugs that have been around for decades like insulin discovered. Nearly a hundred years ago have reached record high prices. Drug companies take a drug like insulin. Make a small change that allows them to keep the drug on patent. This abhorrent practice is called ever-greening in this case. What's ironic is at the very researchers at the university of Toronto who discovered the drug insulin gave the patent to drug companies for free. So that the drug could be available to the public ninety eight years after it was discovered drug companies still refused to manufacture a generic affordable. Brand I have patients that are taking half or a quarter of their required dose because they can no longer afford to take the full dose. The makers of insulin are not alone. Perdue pharma influence doctors through unethical marketing, free, lunches payments or gifts, and so called education campaigns to write unnecessary. Opioid prescriptions, which we all know has resulted in tens of thousands of opioid deaths. So it is no surprise that. Nostrum laboratories was at the top in the list of shit Crowley awards. Nostrum increase the price of an old antibiotic used to treat a urinary tract infection by a mere four hundred percent why because they could thus SHA Crawley awards given annually by the loan institute are for the worst actors in health care this year. Three of the top ten were pharmaceutical companies the award is named after the convicted felon and CEO of turing pharmaceuticals Martin Shkreli who jacked up the price of an old lifesaving antibiotic to unaffordable prices. Other winners included the convicted felon, Dr Fata who is a Michigan cancer, doctor who treated more. More than five hundred and fifty people for cancer who it turns out didn't really have cancer. Other winners were San Francisco General hospital for gross overbilling nursing homes that provided unnecessary care and then build for it and Hennepin county medical center for conducting drug trials on patients without their permission. We can all be outraged. But unless we put a cap on this greed, this behavior will just continue. This is Dr Michael Wilks with a second opinion.

Dr Michael Wilks Cancer San Francisco General Hospital Urinary Tract Infection University Of Toronto Hennepin County Medical Center America Dr Fata Sha Crawley Martin Shkreli CEO Four Hundred Percent Ninety Eight Years Eighteen Percent Hundred Years
Lake Barry, Senate and Congress discussed on Dr. Drew

Dr. Drew

01:38 min | 4 years ago

Lake Barry, Senate and Congress discussed on Dr. Drew

"The twenty twenty ballot jim roope los angeles wildfire that's burned ninety thousand acres near lake barry says being blamed on an improperly installed electric livestock fence cal fire says the person responsible has been cited the fire is now eighty six percent contained in washington the senate is expressing its frustration with the trump administration's growing use of tariffs a resolution passed today is designed to give congress more say about trade penalties imposed in the name of national security join ten jason middleton reports that trade tariffs and battles with china could cost one silicon valley industry more than others one sector that will be hit hard if the us and china turn this skirmish into a war is semiconductors invidia advanced micro devices amd and broadcom war among those falling more than one percent in premarket trading chipmakers dominate a goldman sachs list of companies with the highest revenue exposure to china the trump administration's new list of chinese goods that could be subject to tariffs appears to target china's important manufacturing export industries it includes electron ix textiles metal products and parts i'm jason middleton and an english bulldog that recently won the world's ugliest dog contest in petaluma has died her owner says nine year old joshua died in her sleep last night joshua with her floppy tongue crooked teeth and pink manicure on the contest last month at the cinema marin fairgrounds isn't this report sponsored by mgm resorts humans warren born to be bored that's why they created mgm resorts danner tain the human race visit mgm resorts dot com for room starting at thirty nine dollars a night mgm resorts.

Lake Barry Senate Congress China United States Jason Middleton Petaluma Joshua Marin Fairgrounds Los Angeles Washington Advanced Micro Devices Broadcom Goldman Sachs MGM Ninety Thousand Acres Thirty Nine Dollars Eighty Six Percent One Percent