18 Burst results for "Sabrina Benesch"

"sabrina benesch" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

02:25 min | Last month

"sabrina benesch" Discussed on Marketplace with Kai Ryssdal

"This final note on the way out which comes to us via fast company. A lot of us are all to acquainted with zoom fatigue by now but a new survey suggests all this video conferencing could actually be dangerous. Route insurance found more than half of people who had driven a vehicle soon after a video call reported having trouble concentrating on the road. Interestingly younger drivers said they had more difficulty. Researchers say video calls take more concentration than a regular phone call meeting and our brains. Just don't have much leftover afterward. Their advice take a break to recharge before you get behind the wheel or just. Don't have as many meetings. Your moment of economic context on this tuesday yesterday. Sabrina benesch or previewed. What was expected to be more optimistic forecast from the international monetary fund. Well today the imf said the global economy should grow six percent this year with the us economy projected to grow six point four percent. Thanks to all that stimulus spending and with the not so small caveat that a lot hinges on the ongoing battle between the virus and vaccines are digital and on demand team includes ufuk metro lou olga. Oxman eric phillips brian ron ronan tony wagner. Sitara nevis is our executive director of on demand. And i'm amy scott. We'll be back tomorrow. This is a pm. This marketplace podcast is supported by geico. Do you own or rent your home. Sure you do. And i bet it can be hard work you know what's easy bundling policies with geico geico makes it easy to bundle your homeowner's or renter's insurance along with your auto policy. It's a good thing too because you already have so much to do around your home. Go to geico dot com. Get a quote and see how much you could save. Its geico easy. Visit geico dot com. Today that's geico dot com..

six percent brian ron today geico tomorrow four percent Sabrina benesch amy scott this year geico dot com Today Sitara nevis six point tony wagner Oxman eric phillips more than half of people ronan metro lou olga tuesday yesterday ufuk
"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

04:01 min | 8 months ago

"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

"This marketplace podcast is supported by customer dot Io. Are you ready to supercharge your marketing tech stack tech savvy marketers choose customer dot io to automate their emails, push notifications and text messages with a simple API and an easy to use interface. You can segment your audience by who they are at what they do always updated in real time and with industry leading customer support, you'll have dependable help if you need it. To schedule personalized demo, go to customer dot io slash Mr, and say you heard this ad that's customer dot is slash are. Promise music here you remember Fast Car Tracy Chapman. Now, she's suing Nikki Manashe for using part of one of her songs. The case has the potential to upend the way that music is written and how artists. From one, another marketplace's Sabrina Benesch. Your has the story. This is Tracy Chapman. Song baby can hold you. This is Nicki Menasheh song sorry. Obviously Mirage did use chapman's nobody disputes that Mirage enter people asked Chapman for permission during and after production of sorry and Chapman Her said no multiple times actually. So Mirage didn't release the song at least not on her two thousand eighteen album with conflict. In this case is was further redistribution. Eugene Volokh is a professor at Ucla School of law. The unauthorized song got out. Chapman's attorneys say Nicki menaj leaked it to a New York deejay funk master flex then played it. Mirages attorneys dispute that either way it got on the air and then on the Internet and Chapman sued saying montage shouldn't have been allowed to make the unauthorized song in the first place even as a demo menages. Attorneys say, yes manezh was allowed to create the song under an exception to copyright law known as fair use that as a key point of disagreement in the case again, professor bollock relatively novel legal question here is whether it is fair use for somebody to make copies of someone else's work in order to send it to the authors and look listen is great. Would you let's that's actually how things often work now artists create something. With somebody else's work and then run it by the original artists for permission Afterward Sean? Bradford is an artist who's done covers of well known songs. Yeah. It's definitely do you do it and then you think if this cooler not I mean like the creative process is all about trial and error. Pete Ross. Is One of Nikki massages attorneys can you imagine what the world would look like if every artist goes into the studio has? To get a license merely to experiment with someone's music, the world would be a poor place. John Gatty is one of Tracy Chapman's attorneys and he says Copyright Law is not here for the people who want to do the copying. It's here to protect the original creators. Tracy Chapman has the absolute right to control how her intellectual property is performed and presented and exploited in the marketplace There's the position is turning well established copyright law. On its Ted and doing the one eighty gatty says, experimentation is not covered by fair use in new. York. I'm rebound ashore for marketplace. Checking the Nasdaq one more time, it is up two hundred points. One point nine percents I'm David Brancaccio. This is marketplace morning report from APM American public media..

Tracy Chapman Mirage Chapman Her Nikki Manashe Sabrina Benesch professor Nicki Menasheh David Brancaccio Ucla School of law Eugene Volokh APM American John Gatty Pete Ross York
"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:30 min | 1 year ago

"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

"With Super Tuesday top of mind this week. We wanted to give you an offer so super that you would not want to miss it. Give thirty dollars today to get our brand new marketplace t shirt designed especially for super fans like you and your support so important to what we do and now we need you more than ever become a marketplace investor in cast your vote for independent journalism. Donate today at Marketplace Dot Org. Thank you spring break for many is next month and for those with the means late. Winter is a time to plan for summer fun with the virus. Many are questioning whether it's wise to plunk down their credit cards to book a trip at this point so the travel insurance which can cost up to ten percent of trips budget. Marketplace's Sabrina Benesch or did some digging on what travel insurance does and does not do for you if you're afraid of traveling because of Corona Virus Standard. Travelers insurance is not going to help. Fear of travel is not covered ever by any provider run. Canadian is with ensure my trip dot com site that compares travel insurance even if your trip is cancelled by a government or an airline due to the viruses. Standard travel insurance is still not likely to help. Unfortunately viral outbreaks epidemics and pandemics are not typically lifted in Policy Cassara. Bardo is with travel insurance comparison sites square mouth. It's a surge of inquiries over the virus. So what can you do to protect your trip Brian? Kelly is founder of the point sky a travel website. If you want a real policy that will help you recoup costs. You've got to get a cancel for any reason policy which generally costs about twice as much as normal travel insurance and only covers. Maybe seventy five percent of the cost of a trip. Kelly says check with airlines or cruise operators. They may be able to help in New York. I'm sure for marketplace and with situations like this virus economists know people often hoard in Germany. They have a word for this hampsters. Kauf hamster buying little hamster's went around loading up their cheeks for LEAN TIMES AHEAD. Der Spiegel report signs of hamster buying of canned goods pasta toilet paper. Germany has about one hundred twenty nine corona virus cases at last check. Our producers are rose con Majoria. Craig Meredith Garretson candice men Ricky's Ren Daniel Shinhan Erica soderstrom and we are from. Apm American public media..

Kelly Ren Daniel Shinhan Erica soder Germany Sabrina Benesch Craig Meredith Garretson Bardo New York Der Spiegel Brian founder
The big problem for small business? Finding qualified people to hire

Marketplace with Kai Ryssdal

02:13 min | 1 year ago

The big problem for small business? Finding qualified people to hire

"Start today. Exploring feelings specifically how small business owners are feeling about the economy. They had a more positive. Take on the future Chur in October compared to September. That's according to a monthly survey from the National Federation of Independent Business responded said they are making capital investments and raising raising employee. Pay or at least planning to but their number one challenge finding qualified people to hire marketplace's Sabrina Benesch or has more on. That things are looking up at clean choice energy that we're hearing really optimistic about Where every now and the next eighteen months or more more Kate Kohler is chief staff at clean choice? It offers renewable energy sources. The company has thirty percent more employees than it did last year but she still has a dozen in positions to fill it is really the stiff competition and the candidates were interviewing or intervene at other firms is well nearly a quarter of businesses in the survey said. Their top concern was finding qualified. People either to grow the business or even just to maintain it. According to Joe Galvin Chief Research Officer for Advisory Advisory Firm Vestige. Chances Are you're higher replace. Some of you left your organization to go somewhere else to attract people clean choice. Energy is focusing on its green ethos off Every organization able to offer thirty percent of small firms said Dave increased compensation to attract workers Rebecca Hamilton co-ceo of WS Badger. It makes organic skincare products. She says the companies increased pay and benefits. We have an in house daycare center so we have flexible. WHOA hours? You know the onsite gym say Yoga classes on say Akito the NF Ibiza. Small businesses are paying for higher compensation with higher sales in savings things. Joseph Bruce Willis chief economist with consulting firm. RSM isn't sure sustainable. They're willing to offer more compensation but attended today. Were likely not to because of they slowing economy and a contraction and probably Bernie trains in other words. Small businesses can afford to fight over talent as long as consumers. Keep buying in New York. I'm Sabrina sure for

Joe Galvin Chief Research Offi Kate Kohler Sabrina Benesch National Federation Of Indepen Chief Economist Joseph Bruce Willis Ibiza Bernie Rebecca Hamilton New York Dave Co-Ceo Thirty Percent Eighteen Months
"sabrina benesch" Discussed on KQED Radio

KQED Radio

04:29 min | 2 years ago

"sabrina benesch" Discussed on KQED Radio

"For the US stock market since the two thousand eight financial crisis with all three major indices down for the year. Marketplace's Sabrina Benesch or joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in two thousand nineteen. Hi sabrina. Hi me, though, we've been in a really really long bull market at the end of the year was kind of rough for the markets talk about what happen. Well, twenty eighteen kicked off with a bang. We have just gotten this major tax cut oriented mostly towards businesses. Then in February. There was this major increase in government spending almost three hundred billion dollars in. This all was whether it was intended this way or not this was stimulus for the economy. A lead foot on the gas pedal. And so for several quarters the economy grew at four percent three and a half percent. It was great. So a great start. And then and then there's the and then number two, the president started escalating trade conflicts tariffs on steel tariffs on luminance threaten to blow up. Nafta tariffs on Chinese products tariffs on more Chinese products. Threatened tariffs on cars and auto parts, you mentioned the stock market. This is what is clearly troubling this stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains, and that uncertainty continues going into twenty nineteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's going to actually keep driving the economy further into this year. There's usually a lag between when spending his past and when kicks in how will the economy react when it subsides? We don't know what will happen to trade. Will we work something out with China? We'll tariffs on China rise further will they were tally it further. Will we get tariffs? All of those questions all of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot, we could get inflation. So a lot of people are actually wondering if we'll get a recession in two thousand nineteen I have to emphasize that the fundamentals of the economy are still looking very strong right now, but with all of this uncertainty, people wonder and we've been talking about mostly the US economy, but what about internationally? Well, a lot of what happens in the US affects the national economy and vice versa. And depending on what the Federal Reserve feels it needs to do with interest rates, and what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of vulnerable and dysfunctional emerging markets Turkey and Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy March twenty nine th they are leaving the EU and all the rules governing goods and services evaporate. Jober swells is chief economist at our SMU US, he said he thinks people are really underestimating the risks here, essentially walls, won't go up. All around the island economy. It will affect everything from transportation shipments of food fuel and medicine. This is a real significant risk. You also pointed out if want to talk to him that German Japanese and French economies all contracted in the third quarter commodity markets or softening he says, that's a warning sign. We may not get a sustained global growth at a high level. Another item watch China what happens with its economy. It's applied stimulus to counteract pressure from the trade conflict and an economic slowdown that was already in the works. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nineteen and a very happy new year to you too. Thanks so much Mary. Welcome. Marketplace's Sabrina Benesch or no trading today. So as a great time to review the years big winners and losers. We'll have the details when we do the numbers. Sabrina talked about tariff says one of the big uncertainties.

UK Sabrina Benesch US China Federal Reserve New York president chief economist EU Turkey SMU Japan Argentina three hundred billion dollars four percent
"sabrina benesch" Discussed on 90.3 KAZU

90.3 KAZU

04:27 min | 2 years ago

"sabrina benesch" Discussed on 90.3 KAZU

"US stock market since the two thousand eight financial crisis with all three major indices down for the year. Marketplace's Sabrina Benesch or joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in two thousand nineteen. Hi sabrina. Hi me, though, we've been in a really really long bull market at the end of the year was kind of rough for the markets talk about what happened. Well, twenty eighteen kicked off with a bang. We had just gotten this major tax cut oriented mostly towards businesses than in February. There was this major increase in government spending almost three hundred billion dollars in. This all was whether it was intended this way or not this was stimulus for the economy was. A lead foot on the gas pedal. And so for several quarters economy grew at four percent three and a half percent. It was great. So a great starts, and then and then there's the and then number two the president started escalating trade conflicts tariffs on steel tariffs on luminance threatened to blow up NAFTA tariffs on Chinese products tariffs on more Chinese products. Threatened tariffs on cars in auto parts. You mentioned the stock market. This is what is clearly troubling the stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains, and that uncertainty continues going into twenty nineteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's going to actually keep driving economy further into this year. There's usually a lag between when spending his past and when it kicks in. But how will the economy react when it subsides? We don't know what will happen to trade. Will we work something out with China? We'll tariffs on China rise further where they were tally it further. Will we get auto tariffs all of those questions all of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot we could get inflation. So, you know, a lot of people are actually wondering if we'll get a recession twenty one thousand nine I I have to emphasize that the fundamentals of the economy are still looking very strong right now, but with all of this uncertainty, people wonder and we've been talking about mostly the US economy, but what about internationally you? What happens in the US affects the national comedy and vice versa. And depending on what the Federal Reserve feels it needs to do with interest rates what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of vulnerable and dysfunctional emerging markets Turkey and Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy March twenty nine th they are leaving the EU and all the rules governing goods and services evaporate. Jober swells is chief economist at our US. He said he thinks people are really underestimating the risks here, essentially walls will go up all around the island economy will affect everything from transportation shipments of food fuel and medicine. This is a real significant risk. You also pointed out that you want to talk to him that German Japanese and French economies all contracted in the third quarter commodity markets are softening he says, that's a warning sign. We may not get a sustained global growth at a high level. Another item to watch China. What happens with its economy? It's applied stimulus to counteract pressure from the trade conflict and an economic slowdown. There was already in the works. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nineteen and a very happy new year to you too. Thanks so much Mary. Welcome. Marketplace's Sabrina Benesch or no trading today. So as a great time to review the years big winners and losers. We'll have the details when we do the numbers. Sabrina talked about tariff.

Sabrina Benesch US UK Federal Reserve China New York NAFTA president chief economist EU Turkey Japan Argentina three hundred billion dollars four percent
"sabrina benesch" Discussed on KQED Radio

KQED Radio

04:23 min | 2 years ago

"sabrina benesch" Discussed on KQED Radio

"Marketplace's Sabrina Benesch joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in two thousand nineteen. Hi sabrina. Probably me, though, we've been in a really really long bull market at the end of the year was kind of rough for the markets talk about what happened. Well, twenty eighteen kicked off with a bang. We have just gotten this major tax cut oriented mostly towards businesses than in February. There was this major increase in government spending almost three hundred billion dollars. And this all was whether it was intended this way or not this was stimulus for the economy. Is a lead foot on the gas pedal. And so for several quarters the economy grew at four percent three and a half percent. It was great. So great starts, and then and then there's the and then number two the president started escalating trade conflicts tariffs on steel tariffs on luminance threatened to blow up NAFTA tariffs on Chinese products tariffs on more Chinese products. Threatened tariffs on cars in auto parts. You mentioned the stock market. This is what is clearly troubling the stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains, and that uncertainty continues going into twenty nineteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's gonna actually keep driving the economy further into this year. There's usually a lag between when spending his past and when it kicks in. But how will the economy react when it subsides? We don't know what will happen to trade. Will we work something out with China? We'll tariffs on China rise further where they were tally it further. Will we get auto tariffs? All of those questions all of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot, we could get inflation. So, you know, a lot of people are actually wondering if we'll get a recession twenty one thousand nine I have to emphasize that the fundamentals of the economy are still very strong right now, but with all of this uncertainty, people wonder and we've been talking about mostly the US economy, but what about internationally? A lot of what happens in the US effects the national comedy and vice versa. And depending on what the Federal Reserve feels it needs to do with interest rates, and what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of vulnerable and dysfunctional emerging markets Turkey and Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy March twenty nine th they are leaving the EU and all the rules governing goods and services evaporate. Jober swells is chief economist at our SMU US, he said he thinks people are really underestimating the risks here, essentially walls will go up all around the island economy. It will affect everything from transportation shipments of food fuel and medicine. This is a real significant risk. He also pointed out we want to talk to them that German Japanese and French economies all contracted in the third quarter commodity markets are softening he says, that's a warning sign. We may not get a sustained global growth at a high level. Another item to watched China. What happens with its economy? It's applied stimulus to counteract pressure from the trade conflict and an economic slowdown. There was already in the works. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nine nine and a very happy new year to you too. Thanks so much. Very welcome. Marketplace's Sabrina Benesch or no trading today. So as a great time to review the years big winners and losers. We'll have the details when we do the numbers. Sabrina talked about tariff says one of the big uncertainties weighing on the markets..

Sabrina Benesch UK Federal Reserve China US New York NAFTA president chief economist EU Turkey SMU Japan Argentina three hundred billion dollars four percent
"sabrina benesch" Discussed on KCRW

KCRW

04:31 min | 2 years ago

"sabrina benesch" Discussed on KCRW

"US stock market since the two thousand eight financial crisis with all three major indices down for the year. Marketplace's Sabrina Benesch or joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in two thousand nineteen. Hi sabrina. Hi me, though, we've been in a really really long bull market at the end of the year was kind of rough for the markets talk about what happened. Two thousand eighteen kicked off with a bang. We have just gotten this major tax cut oriented mostly towards businesses. Then in February. There was this major increase in government spending almost three hundred billion dollars. And this all was whether it was intended this way or not this was stimulus for the economy is was a lead foot on the gas pedal. And so for several quarters economy grew at four percent three and a half percent. It was great. So a great start. And then and then there's the and then number two, the president started escalating trade conflicts tariffs on steel tariffs on Lumine threatened to blow up NAFTA tariffs on Chinese products tariffs on more Chinese products tariffs on cars and auto parts, you mentioned the stock market. This is what is clearly troubling the stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains and that uncertainty continues going into twenty nine. Eighteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's gonna actually keep driving the economy further into this year. There's usually a lag between when spending his past and when it kicks in. But how will the economy react? When it's we don't know what will happen to trade. Will we work something out with China? We'll tariffs on China rise further will they were tally it further. Will we get auto tariffs all of those questions all of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot we could get inflation. So, you know, a lot of people are actually wondering if we'll get a recession in two thousand nineteen. I I have to emphasize that the fundamentals of the economy are still looking very strong right now, but with all of this uncertainty, people wonder and we've been talking about mostly the US economy, but what about internationally? Well, a lot of what happens in the US affects the national economy and vice versa. And depending on what the Federal Reserve feels it needs to do with interest rates, and what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You know, you gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of vulnerable dysfunctional emerging markets Turkey and Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy March twenty nine th they are leaving the EU and all the rules governing goods and services evaporate. Joe Bruce Willis is chief economist at our US, he said, he thinks people are really underestimating the risks here, essentially walls will go up all around the island economy. It will affect everything from transportation shipments of food fuel and medicine. This is a real significant risk. You also pointed out to me when I talk to him that German Japanese and French economies all contracted in the third quarter commodity markets are softening he says, that's a warning sign. We may not get sustained global growth at a high level. Another watched China what happens with its economy. It's applied stimulus to counteract pressure from the trade conflict and an economic slowdown. There was already in the works. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nine hundred and very happy new year to you too. Thanks so much Mary. Welcome. Marketplace's Sabrina Benesch or no trading today. So it's a great time to review the years. Big winners and losers. We'll have the details when we do the numbers. Sabrina talked about tariff says one of the big uncertainties weighing on the markets. As of today, there are some tariffs.

Sabrina Benesch UK US Joe Bruce Willis Federal Reserve China New York NAFTA Lumine president EU Turkey chief economist Japan Argentina
"sabrina benesch" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

04:29 min | 2 years ago

"sabrina benesch" Discussed on WNYC 93.9 FM

"Market since the two thousand eight financial crisis with all three major indices down for the year. Marketplace's Sabrina Benesch or joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in two thousand nineteen. Hi sabrina. Hi me, though, we've been in a really really long bull market. The end of the year was kind of rough for the markets talk about what happened. Well, twenty eighteen kicked off with a bang. We had just gotten this major tax cut oriented mostly towards businesses than in February. There was this major increase in government spending almost three hundred billion dollars. And this all was whether it was intended this way or not this was stimulus for the economy. This is a lead foot on the gas pedal. And so for several quarters economy grew at four percent three and a half percent. It was great. So a great starts, and then and then there's the and then number two the president started escalating trade conflicts tariffs on steel tariffs on Lumine threatened to blow up NAFTA tariffs on Chinese products tariffs on more Chinese products. Threatened tariffs on cars in auto parts. You mentioned the stock market. This is what is clearly troubling the stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains, and that uncertainty continues going into twenty nineteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's gonna actually keep driving the economy further into this year. There's usually a lag between wins bending his past and when it kicks in. But how will the economy react when it subsides? We don't know what will happen to trade. Will we work something out with China? We'll tariffs on China rise further will they retaliate further. Will we get auto tariffs? All of those questions all of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot, we could get inflation. So a lot of people are actually wondering if we'll get a recession in two thousand nineteen I have to emphasize that the fundamentals of the economy are still looking very strong right now, but with all of this uncertainty, people wonder and we've been talking about mostly the US economy, but what about internationally? A lot of what happens in the US effects the national Konami and vice versa. And depending on what the Federal Reserve feels it needs to do with interest rates, and what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of vulnerable and dysfunctional emerging markets Turkey and Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy March twenty nine th they are leaving the EU and all the rules governing goods and services evaporate. Jober Willis is chief economist at our SMU US. He said he thinks people are really underestimating the risks here, essentially walls won't go up. All around the island economy. It will affect everything from transportation shipments of food fuel and medicine. This is a real significant whisk. You also pointed out to me when I talk to him that German Japanese and French economies all contracted in the third quarter commodity markets or softening he says, that's a warning sign. We may not get a sustained global growth at a high level another. I'd watched China what happens with its economy supplied stimulus to counteract pressure from the trade conflict and an economic slowdown that was already in the works. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nineteen and a very happy new year to you too. Thanks so much. Very welcome. Marketplace's Sabrina Benesch you're no trading today. So it's a great time to review the years. Big winners and losers. We'll have the details when we do the numbers. Sabrina talked about tariff says one of the big uncertainties weighing on the markets..

Sabrina Benesch UK US Jober Willis China Federal Reserve New York NAFTA Konami president Lumine EU Turkey chief economist SMU
"sabrina benesch" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

04:08 min | 2 years ago

"sabrina benesch" Discussed on Marketplace with Kai Ryssdal

"Market since the two thousand eight financial crisis with all three major indices down for the year. Marketplace's Sabrina Benesch or joins me from our bureau in New York to help make sense of the economic year gone by and what's ahead in twenty nineteen. Hi sabrina. Hi me, though, we've been in a really really long bull market. The end of the year was kind of rough for the markets talk about what happened. We'll Twenty-eight teen kicked off with a bang. We had just gotten this major tax cut oriented mostly towards businesses than in February. There was this major increase in government spending almost three hundred billion dollars. And this all was whether it was intended this way or not this was stimulus for the economies was a lead foot on the gas pedal. And so for several quarters economy grew at four percent three and a half percent. It was great. So a great start. And then and then there's the and then number two, the president started escalating trade conflicts tariffs on steel tariffs on Lumine threatened to blow up NAFTA tariffs on Chinese products tariffs on more Chinese products. Threatened tariffs on cars in parts, you mentioned the stock market. This is what is clearly troubling the stock market because when you don't know what's going to happen with tariffs and trade. It means not only do you not know how much prices are going to rise. But if you're a multinational business than you do not know what to do with your supply chains, and that uncertainty continues going into twenty nineteen what kinds of things should we be looking forward to or maybe bracing ourselves for first of all that government spending. It's going to actually keepdriving economy further into this year. There's usually lag between wins bending is passed and when it kicks in. But how will the economy react when it subsides? We don't know what will happen to trade. Will we? Work something out with China. We'll tariffs on China rise further where they were tallying further will offer tariffs all of those questions. All of them are also big questions at the Federal Reserve, which has to figure out given all these variables how much more to raise interest rates, if they overshoot we will get a recession if they under shoot, we could get inflation. So, you know, a lot of people are actually wondering if we'll get a recession in two thousand nineteen I have to emphasize that the fundamentals of the economy are still looking very strong right now, but with all of this uncertainty people wonder and we've been talking about mostly the US economy. But what about internationally a lot of what happens in the US effects the national Connie and vice versa? And depending on what the Federal Reserve feels it needs to do with interest rates, and what European central banks decide to do what Japan decides to do. We could see more distress in emerging markets. You know, you gotta remember that interest rates help determine currency values. And this is a time when rising interest rates have been pulling capital out of owner. And despite. Functional emerging markets Turkey Argentina last year. So we should keep an eye on that. Then there's Brexit. The UK is the world's fifth largest economy, March twenty ninth. They are leaving the EU and all the rules governing goods and services evaporate. Jober swells is a chief columnist at our SMU s he said, he thinks people are really underestimating the risks here, essentially walls will go up all around the island Connie it will affect everything from transportation shipments of food fuel and medicine. This is a real significant risk. He also pointed out to me when I talked to him that German Japanese and French economies all contracted in the third quarter commodity markets or softening he says, that's a warning sign. We may not get a sustained global growth at a high level another. I'd watched China what happens with its economy. It's applied stimulus to counteract pressure from the trade conflict and an economic slowdown that was already in the work. We'll see how they pull out of that. So I mean big picture here. We have a lot of things to worry about this twenty nineteen and a very happy new year to you too. Thanks so much. Very welcome. Marketplace's Sabrina Benesch or no trading today. So it's great time to review the years. Big winners and losers. We'll have the details when we do the numbers..

Sabrina Benesch UK Federal Reserve China Connie US New York NAFTA EU president Turkey Argentina Lumine SMU Japan three hundred billion dollars
"sabrina benesch" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:04 min | 2 years ago

"sabrina benesch" Discussed on WNYC 93.9 FM

"Essential data and insights to business and financial professionals SNP global market intelligence. No, it matters in Washington DC, I'm Sabrina Benesch or in for David Brancaccio. Last week was the worst week for the Dow since two thousand eight the NASDAQ is officially in a bear market. And that has clearly sparked concerns and tweets from the White House. And there is a lot to cover here. Julia Coronado is founder of macropolicy perspectives. Good morning. Good morning. Okay. So I there were reports that the president was enquiring about firing the fed chair. What was the reaction to that prospect among economists and traders, well that is something that certainly economists and markets would not take. Wow. That would certainly suggest that the fed is no longer politically independent no longer making decisions based on what's right for the economy, but will be politically beholden, and that suggests that a very important institution underpinning US markets is at risk. So that is not good news. Now Treasury Secretary Steven Mnuchin tweeted on behalf of the president saying that he the president did not suggest firing the fed chair. And that he didn't think the had the authority to do that. Do you think that is going to come fierce not really the fact that the president who we have seen do many previously unheard of things? And the fact that he is contemplating this alone is going to be on the table now. And so I don't think that tweet was particularly reassuring. Well, there were more tweets, then the secretary announced just last night that he had met with the heads of bunch of major banks, and that these major banks had no problem with liquidity no problems lending to consumers or businesses. Was anyone worried that that was the case? Why is he bringing that up? Nobody taught that there's that. There was a liquidity issue. The markets are in a serious correction. Yes. But there is no no indication that markets are not functioning. Well, was it banks are not liquid and well capitalized so really to to release that is interesting risk management strategy and something that adds to the worries in the markets that are institutions might not be functioning, very, well, we have come to rely on these institutions the treasury the Federal Reserve and almost take them for granted that they can well and underpin the functioning of market. So these developments raise deeper concerns about those institutions. Julia Coronado is founder of macropolicy perspectives. Thanks very much. My pleasure. Let's take a look at the numbers..

president Federal Reserve Julia Coronado founder White House Sabrina Benesch David Brancaccio Washington Steven Mnuchin US secretary
"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

Marketplace Morning Report with David Brancaccio

02:26 min | 2 years ago

"sabrina benesch" Discussed on Marketplace Morning Report with David Brancaccio

"Planet him Michigan where big ideas and mobility are born. Under new rules. Some employers won't have to cover birth control in New York, I'm Sabrina Benesch or in for David Brancaccio. The Trump administration is issued a new rule on religious exemptions that allow some employers to opt out of covering contraceptive care for their female workers. Marketplace's Nancy Marshall genzer joins me. Now in Washington. Nancy? Can you explain this new rule? It's less sweeping than rules issued a year ago which were challenged in court. Now, the administration says if you're a nonprofit or religious group you can opt out of the ObamaCare rule mandating insurance coverage for birth control. If you have religious or moral objections. This will does not apply to publicly traded companies that or the government so it will mainly apply to small business. So how many people will be affected the Trump administration? He's playing down the effect of this rule. It says only about. Two hundred employers will be able to get an exemption from birth control coverage civil rights groups, disagree, and there is a good chance. This new rule will also be challenged in court barring that it will go into effect in about two months. Marketplace's Nancy Marshall genzer. Thank you. The fed the central Bank of the United States that has the powered either hit the brakes or the guests on the economy is wrapping up its regular meetings today, probably won't be raising interest rates. This time around now often when the fed meets we basically have to make educated guesses about what they're thinking because there's snow press conference afterward, and we don't get summaries of what was said behind closed doors until weeks later, but the fed is changing that it's going to have press conferences after every meeting starting next time where chairman j Powell can tell us what they're thinking answer questions. Diane Swonk chief economist with tax and advisory firm grant Thornton now. John paul. I've sort of said he's an artful dodger at times because he doesn't want to give too much away. Way of what was discussed at the meetings. But at the press conferences, you know, the press Cassini opportunity to query him and things that they know are the nuances of the discussion. And that's what you'll see more of going forward is know financial markets in the public getting almost near real time. Almost immediately afterwards view of what was discussed at the meeting in that can be anything from Taras whether or not we have additional tax cuts..

Nancy Marshall genzer David Brancaccio fed John paul Thornton Sabrina Benesch Michigan New York Washington United States Diane Swonk chief economist chairman j Powell
"sabrina benesch" Discussed on KCRW

KCRW

01:43 min | 2 years ago

"sabrina benesch" Discussed on KCRW

"I'm Sabrina Benesch or in for David Brancaccio. When Donald Trump was running for president he said on day one. His treasury department would label China a currency manipulator. Well, we're almost two years in and the treasury department said yesterday, the China has not been manipulating it's currency. Marketplace's Nancy Marshall genzer is in Washington, Mitzi. How does the treasury department decide who is manipulating their currency? And who is not treasury look. At a few things, including whether a country has a quote significant trade surplus with the US and intervenes repeatedly to drive down the value of its currency. Traders says China did not meet all those criteria. It even says China has worked recently disloge appreciation. But the US is still unhappy with China, right? Absolutely Treasury Secretary Steven Mnuchin said yesterday he's concerned about quote, China's lack of currency transparency. The treasury port says China's currency the UN has fallen by more than seven percent against the dollar just since last June. And the reason this is so important is when the value of a country's currency falls. It's imports get cheaper. So the fall of China's currency has taken the bite out of the Trump administration's tariffs on Chinese products. Marketplace's Nancy Marshall genzer. Let's do the numbers. China had a rough day in the stock market. The Shanghai composite closed down two point nine percent. Its lowest point in four years. Investors unloaded energy. Stocks reportedly worried about growth prospects in China here in the US s&p. Nasdaq futures are down in the four to five tenths percent range with the Dow future down ninety five points the.

China treasury department treasury Nancy Marshall genzer US Donald Trump Sabrina Benesch David Brancaccio president Shanghai UN Mitzi Steven Mnuchin Washington seven percent nine percent four years
"sabrina benesch" Discussed on KQED Radio

KQED Radio

01:31 min | 3 years ago

"sabrina benesch" Discussed on KQED Radio

"When it will happen no word when the protests? Will stop talking to NPR's Jane Arraf she's in Amman Jordan monitoring. Those protests in Iraq thanks a lot thank you You're listening to. Morning edition, from, NPR. News I'm David green and I'm no l. king and it's seven forty nine Joe McConnell's here with another look at our commute picture this. Morning, Joe, how are we. Doing another problem for the East Bay highway four westbound before port, Chicago a collision. Reported you're on the shoulder had a crash earlier. Now the, concord side will pass we believe that's a separate one westbound eighty at south six. Eighty connector another collision, in the right lane a. Big rig involved in that one the crash in eighty westbound at. Georgia street is still blocking lane it's a Sigler big. Rig knocked over a light pole. Lay poll was stuck under, Neath the truck Joe McConnell for KiKi weedy all right Thanks, Joe his. Report brought to you by compassion international Sabrina Benesch will. Bring us the marketplace, morning report in just a. Moment and then. Later today Ticket sales to major league baseball, games are down this year and yes. You can blame it on the weather if you like but that. Cannot be the whole story you don't have to go to the game you don't have to and, us being lazy that's people. Take advantage, of. That. So maybe there's your answer as far as why ticket sales are down all the great American pastime from your couch. Next time on marketplace And a half hour edition of marketplace comes your way this afternoon at four o'clock and again this evening at six thirty here on Then tonight at eight we'll be presenting our weekly broadcast of world affairs the increased..

Joe McConnell NPR Rig Jane Arraf Joe his Joe Sabrina Benesch Amman Jordan Iraq David green East Bay Chicago Georgia l. king KiKi
"sabrina benesch" Discussed on Marketplace All-in-One

Marketplace All-in-One

02:29 min | 3 years ago

"sabrina benesch" Discussed on Marketplace All-in-One

"A slowdown in its economy from marketplace in new york i'm sabrina benesch shore in for david brancaccio china reported that last month it had a record trade surplus with the united states that is another way of saying that the us had a record trade deficit with china it's not entirely surprise businesses tried to buy as much stuff as possible from china and get it over here before tariffs hit but there were some surprises buried a little deeper in the data chris lowe is chief economist at ftse financial in new york heard of it was because chinese companies exceleron exports clearly because the first tariffs on chinese goods kicked in and the beginning of july but it's it's the other side of the trade ledger that i think is really interesting imports not just from the us but from the world where a lot weaker than expected what that suggests is both that chinese consumption is slowing and also that chinese manufacturers may already be cutting back on production is this all due to the trade conflict with the us is that what's behind the slowing there's no question that's part of it absolutely but even before that china was engaged in this sort of often on use of credit to stimulate the economy the idea was to stimulate growth so that president she could cement control installing a new government last year and once that was done china crack down particularly on nonbank debt it's starting to look like maybe they've overdone that and they've already directed the banks to increase lending there's a fear that the credit crackdown was already slowing growth and maybe the economy would be so weak that it would be quite difficult to keep the chinese people behind the government and if they wanna play hardball with trump on tariffs crisslow chief economist ftse financial in new york thank you thank you very and big bank stocks are taking a beating city groups down two point one percent j p morgan stock down a percent this is despite both banks reporting strong earnings this morning that beat analyst expectations wells fargo's earnings fell and its shares are down three percent investors have generally been wary if big bank stocks this year when possible reason is higher interest rates resulting in fewer mortgage refinancings.

new york david brancaccio china united states chief economist ftse financial president sabrina benesch chris lowe crisslow analyst wells fargo three percent one percent
"sabrina benesch" Discussed on Marketplace All-in-One

Marketplace All-in-One

01:38 min | 3 years ago

"sabrina benesch" Discussed on Marketplace All-in-One

"Ration rather than by money probably about half the economy is still working of this command or what we call a ration system the other half of the economy is basically now a market economy so there to economies overlap in each other what's becoming more apparent though is the money konami the market economy is eroding the state economy the sanctions all this work from the outside world in my view is sort of crippling the state side of the economy it's allowing the market economy to develop and not nicely it's kind of chaotic but it's growing it's kind of a race in a way between the nuclear weapons part in the market part what reason is there to believe that any amount of sanctions will cause north korea to give up its biggest bargaining chip nuclear weapons during this whole process as they've been developing their nuclear weapons their state economy they're socialist economy has gone in reverse now it's just incredibly weak i think the right kind of policies might make them realize they've made a bad choice and that the nuclear weapons are actually are more of a danger to them than they are security blanket william brown adjunct professor at georgetown university he's also worked for the state department the us embassy in seoul in cia or many decades professor brown thanks for the time thank you in new york i'm sabrina benesch shore with the marketplace morning report.

north korea adjunct professor georgetown university seoul cia new york william brown us professor sabrina benesch
"sabrina benesch" Discussed on KQED Radio

KQED Radio

02:06 min | 3 years ago

"sabrina benesch" Discussed on KQED Radio

"The last government shutdown five years ago cost the us economy an estimated twenty billion dollars according to moody's analytics so you'd think the markets would be a bit on edge right about now or maybe not marketplace's sabrina benesch or joins me from our studios in new york hisotry you me so what impact dispose this could have on the markets not a big one i didn't come across anyone who thought this would have a serious impact of one of the people i call up when i have questions about this is mellon cohen she's president of envision capital she manages bond investments w rhetoric and it'll be amd over the weekend but everybody just needs to stay calm because it's going to be a non amount to nothing to see here folks move on a long i guess i find that a little bit surprising why do you think investors i don't care if the government shuts down it is a little is surprising it first really as but you know when you think about it equity markets for example there in a very good place right now they're strong growth they've seen their shing stronger earnings there's big corporate tax cut these are realitybased numbers not headlines and markets given that are not really into feeling a buzzkill right now a bond markets in their focused on expected growth government borrowing some inflation on the road not anything to do with the government shutting down this is one reason why meryl unkown is saying this whole thing's a big nothing berger for markets i don't see change in sentiment not only consumer confidence but industrial production v animal spirits have been unleashed in this economy and you you ask what words does a shortterm government shutdown touch in the economy so you know a government shutdown does not mean that all the things that government does stop the military would keep fighting the social security checks would still go out what it does mean is that nonessential workers don't go to work and don't get paid park to close small business loan offices would close passport offices were closed but they reopen and the workers usually get paid retroactively later on when.

sabrina benesch president equity markets meryl us new york amd corporate tax social security twenty billion dollars five years
"sabrina benesch" Discussed on Marketplace All-in-One

Marketplace All-in-One

01:30 min | 3 years ago

"sabrina benesch" Discussed on Marketplace All-in-One

"Half said they plan to raise wages and or sweetened benefits to attract and retain talent i mitchell hartmann for marketplace during the next few weeks will be hearing from some of the world's largest companies about big one time writedowns against their financial results thank multinationals like microsoft alphabet and johnson johnson many are expected to warn that their profits will be hurt by the huge bills they have to pay to the irs it's part of the new tax law but as marketplace's sabrina benesch were reports those writedowns are but small setbacks on the way too big windfalls for decades us multinational companies have been hoarding the cash they earn abroad keeping it offshore so they wouldn't have to pay taxes on it will now they have to pay it doesn't matter whether they bring the proper cracker not note crawford pippi previously acquired are taxable eric tolder is that the urban brookings tax policy center under the new tax law companies have to pay between eight and fifteen percent on the profits they earned broad between 1980 six and two thousand seventeen that is going to be a lot of money for him companies bp just said it's paying one and a half billion and taxes in the fourth quarter of 2017 goldman sachs's it's going to have to pay five billion were probably going to hear this from a lot more companies in the next quarter too so let's all have a moment of silence for the overseas profits of large multinational corporations no maekelae moro as they tax professor at suffolk university in boston attacked a waiver.

irs tax law sabrina benesch goldman sachs professor suffolk university boston microsoft crawford eric tolder tax policy fifteen percent