19 Burst results for "Sassa"
"sassa" Discussed on Bloomberg Radio New York
"Well, really, they're trying to account for no shows because Lula tends to get hurt when Ascension rates are high. His base of support will be coming from low income voters that are more likely not to show up. So we are now seeing when he comes to data fold the other latest numbers that will lead has actually widened to 53%, which is higher from last month, which is really interesting because this week also known as momentum is fading. Is the public engaged. We've got a massive turnout in the United States for a midterm election. We all know the history of the U.S. election. How much are the people of Brazil engaged? There is a depolarization here in Brazil. And of course, when we talk about Latin American politics, we're not really necessarily talking about the right and left, which of course have defined lots of elections around the country this year, but it's really about pushing back against the establishment in a way. So we have seen that engagement quite low in the first round Tom, one of the lowest voter turnouts about 20% on the lowest since we've seen the 1980s, but right now everything is getting heated. We have seen even violence last week and we're one of Bolsonaro's allies getting into a gun battle with police. So there is a lot of interest right now on the ground. Sheri, you mentioned that it's more anti establishment than it is. Normal party lines in the same kind of way. And this isn't just Brazil. We're seeing this around the world, including in the U.S. and elsewhere, how much do you see this stemming or being exacerbated by the economic place that we're all in and Brazil as well at a time when people do feel like they are being unfairly penalized by inflation. They're not able to keep pace. How much is that the undercurrent of this polarization for anti establishment and trying to keep the status quo a bit more? It has been a really interesting few months, Lisa, because as we were coming to this election, not surprisingly, president Bolsonaro tried to ramp spending really extending those social welfare packages for low income voters trying to lure Lula's a support base to his camp. Lulu on the other side has been really emphasizing the economic prosperity during his two terms in office since 2003, of course, a caveat was that he was enjoying really a huge commodities boom, but that has been really the undercurrent perhaps a silver lining in Brazil. Remember the Central Bank here has been aggressively tight in premium. They're right now holding rates steady. So what does this mean? Perhaps a good economic mix for Brazil where you have higher rates, you have a commodities exporting industries that can really withstand perhaps a higher yields globally that we're seeing right now. Hey sherry, thank you. One of our reporting sherry on there on the ground in Brazil to sherry's point. And I hate it when the fed says front loading and I'm guilty of using their language too. This wasn't front loading from the fed. It was catch up from the fed. The front loaders, the people that actually went first, were in a.m. and Brazil was one of them when they height rates in early 2021. And they experienced the pain as a result and you're seeing some of the social unrest as a result of some of both the policies, but more importantly, the economic backdrop, what sherry is talking about is incredibly important because this highlights a wave of populism that will only be exacerbated by the current emotion that we're in. So how does that affect politics at a time when you've got your fiscal hands tied? You got monetary hands tied. You've got people who are getting increasingly angry. These elections are going to matter that much. Have you seen my right sir in Brazil? Just south 14%. Yeah. He's a big number. And the currency is actually done better than many, many others maybe because they were early like you say. Speaks to that. But I defer to mister sassa or on this, but I'm sorry, the Brazilian paper or the dollar paper in Brazil, those numbers are unsustainable. I mean, it's just, there's just no way. Well, the dollar issue is clearly a big one time. You talked about with Ian dingan on a different topic, but a dollar issue worldwide. Lisa, it's the number one thing I think if you ask a central banker abroad, what they want right now, if they could get a wish, yes, inflation lower, but also a part of that feature, just a week a dollar please. A week or less pressure from the Federal Reserve, this could help them at the same time. At some point. And this is really the tension I was speaking with about that with Peter shear. He expects the dollar to be the pivot point for the fed because the pain outside will become unsustainable and the pressures will be quite significant and I wonder not only on an economic level as we see the currency headwinds to some of the companies here, but also on a political one given that other nations are going to see these uprisings in the face of some of the pain. Japan did nothing overnight, right? Policy unchanged. Of course. I think they can hold on. For governor Corona's term, for the next several months. A lot of it depends on the dollar, right? If the dollar starts to weaken a plateau, they get a reprieve. It makes if they can hand on Tom. Just hang on to yield curve control through this volatility. You're bringing it up and I don't want to get mathy here and a happy Friday, but the bottom line is I did a 30 year study of yen dynamics in the answer. Excuse me of inflation dynamics in Japan and three times before they brought it up to a 3% inflation. John, boom, every time it comes back down. Did you just blend the two things? I do not have to dry yet. Do you like what I did with the in lingual FRA OIS? Happy fry. Okay. Can't do that with libraries.
"sassa" Discussed on TuneInPOC
"Oh my goodness you don't want me. All right for this has been gone out of sex. It's just like. A very quick qualitative stuff from Chris hopes and girls. All 5 bento auditions. Very powerful group. What's promising growth? It's a very powerful song. What's the brand that you do? What's with the boomer sassa badger song? They don't call anybody. There you go. There's something but just something everybody. Don't know. And. What do you mean you're and with DA what you mean you're and we need a memory and we get my meaning and new things along the ocean. Up to it.
"sassa" Discussed on Bloomberg Radio New York
"Is Bloomberg surveillance on Bloomberg television and Bloomberg radio Tom Keene and Jonathan farrow off today on a well deserved day off and we have luckily with us Kaylee lines and Damien sassa sauer very much in focus with markets absolutely is one person put it in the market in freefall. The fed got what they wanted markets and freefall. That's from Andrew Brenner over at Natalia securities. We're looking right now at the S&P, not really necessarily the free for all down 1.2%, but certainly the pound in freefall did at one point as much as 2%, one ten. Brent crude very much also getting focused, which I find interesting down 3% to 87, 71, even though, and this is something that I've been noticing. You're seeing a complete reset when it comes to Wall Street projections for the S&P when it comes to Wall Street projections for fed funds rate, but there's a doubling down on oil prices that they are going to go higher later into this geo Julian Lee. Bloomberg oil strategist joining us now, Julian, what do you make of that? That people are not capitulating to this idea that the lack of demand induced by a recession is truly going to cause protracted lower oil prices. I think the banks are looking very much at the physical supply demand balances and they are seeing what is essentially a type physical market. The view is that Chinese demand will come back at some point. And when it does, there isn't the spare capacity to boost output to meet that growth in demand inventories are already low. They were drawn down very, very heavily last year and they really, you know, they would continue to be drawn down less heavily, but still drawn in the first quarter of this year. There have been some small builds perhaps over the second and third quarters. But that's done little more than keep things stable. And so it's this market tightness, which a lot of people think isn't being reflected in these headline futures market prices. I mean, we've had the Saudi oil masters paying this. We've had a number of other people who were saying that really the market has become disconnected and what the banks I think are looking at are the physical signals and they're worried about shortage next quarter and into 2023. Julian, you talk about the recovery in China demand to what extent would that offset a softening of demand elsewhere in places like Europe or even ultimately the U.S. where Jerome Powell basically said in not so many words that a recession is indeed likely. Does demand destruction in those economies get out balanced by a recovery in China? Well, I think this is what some people are clearly building into their forecasts. So I'm a little skeptical. I've been on the one hand, we've seen no signs yet of China easing up on its COVID policy and really opening up. We're still seeing rolling lockdowns of cities in China. And the other thing that I think people need to start looking at is how China is so connected to the rest of the world. If we get recession, which seems almost inevitable and we get significant slowdown in consumer spending, that's going to have a hit on Chinese exports and therefore on Chinese manufacturing. And that, I think, then starts to raise questions about how much of a rebound can we really expect to see in China if everywhere else in the world is slowing down? Julian OPEC publishes its world oil outlook on Tuesday and many believe that OPEC plus will actually cut production of oil prices continue to decline. I mean, do you really see potential for continued production cuts? I think they are very focused on the price at the moment. I think that they are pushing this narrative that the market is disconnected and that somehow they have to get a better reflection of tight physical markets into the futures prices, but it seems very odd to me that if you're arguing that the physical market is very tight, your response to that is to take physical supplies out of the market. That just seems nonsensical to me. If you want to balance market and I think that's a big if when it comes to OPEC plus, I think what they want is higher prices at the moment. They're uncomfortable with Brent at or below $90 per hour. I think. But the one thing I would say is that they are falling so far short of their output targets at the moment that even if they were to cut targets by a million barrels a day and there's no suggestion that they're looking at anything like that. But even if they were and to distribute that among the group's membership in the same proportions that they had been doing so far, most of them wouldn't have to make any physical cut at all because they're so far adrift of those targets anyway. Just real quick, Julia and you're talking about the physical versus the virtual market or the paper market as traded in contracts and looking at the physical market for gasoline prices in the United States, which we've been tracking for the past three months. Stopped dropping. They had dropped for about 90 days straight. And now they're starting to climb a little bit. How much is that going to really have a ramification? How much do you see that kind of creeping up in real physical markets, the people use every day? I think we are certainly perhaps for a little while out of this period of falling consumer prices. Certainly if you look around Europe, we here have the problem of a very strong dollar. That we are importing oil and the oil that we're trading is priced in dollars. If you start converting that into Euros or into Sterling here in the UK, the stronger dollar is making that more expensive for European and British customers. We haven't yet really seen that coming through into the pumps in Britain, but we may well do that these falling prices that we've seen start to reverse. Julian Lee, thank you so much for taking the time right now. We are watching markets very much having a difficult morning. Although the S&P were tracing, some of the losses from earlier down 1.2% Damien, on a day like today, what do you watch? How do you gauge how much to actually play into the fear versus to pull back reset and say, wait a second. Usually when there's blood, it usually is an opportunity. Well, I think you have to look at sentiment indicators, right? And there's no sentiment indicator that I like more than put call option ski, right? So if you look at dollar yen, you look at pound dollar and you look at some of the put call 25 delta risk reversals and things of that nature, you might get a sense of the cost for hedge protection in this market. That might give you some semblance of where you want to be positioning. Talking about hedging, the vix. Really not at 40. It's at 28 72, not necessarily screaming fear in the same way that it has traditionally coming up. Jen eberle, Professor of finance at the Kellogg school of management. We'll get a view. Big picture of how we can understand the economy, how much
"sassa" Discussed on Bloomberg Radio New York
"Michael Barr along with scarlet poo and Damien sassa sour and we are speaking with the founder of big three basketball ice cube who is kind enough to join us for our show Let's continue that conversation We gotta talk about the players here I mean you've got guys like Rashard Lewis Mario Chalmers I mean the first part of my not mistaken the first overall pick in this year's draft was Glenn rice junior son of the Glenn rice you know the most the scoring leader from Michigan who won the 89s wolverines in the national championship You know I'm curious what are your thoughts about this year Which team should we be keeping an eye on I mean the trilogy have already won two of the four I mean who's the team to beat this year Oh man I think all the teams this is the first year where I couldn't say okay this team is probably going to make to the playoffs That team is all parity this year Everybody's gotten that much better You know so man anybody could take it I would keep my eye on the alien because they got the sign balut who was repeated three on three feet again And he brought some of the fever guys over So we'll see how that game translates into big three You know they play our amateur style with three on three We played a professional style but we'll see if it translates So that's a team I'm interested in of course the triplets are going to be strong with two timing BP Joe Johnson Man so I think everybody's done their thing through the NFT blockchain space So it's just been amazing this year we've been able to kind of be first in line and catch a niche with this technology Do you see demand for that shifting at all with the crash in cryptocurrencies and this sense that the economy is turning a little bit south maybe slowing down recession could be on the horizon Not at all you know I think anybody who's kind of looked at the market for any period of time that you had these ups and downs But this is this is kind of a play it's really a long play By being a forever experienced action token you get these experiences you get to feel like an owner forever So it's something that you can hold something you could pass down we expect and hope that these land in the hand of sports fans and at the end of the day we want people who can help grow the league over a long period of time And we want people who are invested in the growth of the league So as the league grow with their whole course of go up in value and so that to me is the overall win win for the big three and whoever acquires these tokens I love the way you guys have broken down where it's with the NFTs for $4500 There's an addition and then you have a smaller edition involved And it gets people involved and you hit the nail on the head You want sports fans to enjoy this experience and then they'll take it to a whole brand new level with this Without a doubt you know we think all boats rise with rising tide and having these communities already invested They already trash talking each other We get a lot of talented people cross collaborate around the big three And so nobody knows where this is going to go You know nobody can see into the future But our vision is for this community to grow with the lead to promote the league to use their talents to do things for the league that we haven't even thought of yet So it's an exciting time and look this is only going to happen Once in a lifetime to be honest you know the NBA NFL Major League Baseball NHL is probably not going to do this So if you want to be a team owner we love sports you love hoops you got to roll with the big three It's a moment in time All right cube I got to ask you about the Raiders I mean devonte Adams Chandler Jones What is going on baby I mean they've gone from 50 to one to 35 to one you know some of these pickups are huge What do you think the chances are this year They better keep picking them up because the AFC west is a monster of a division crazy I mean you know I mean the Broncos just they went from worse They might be first in the division with their quarterback The chiefs has always tough charges continue to irritate me And so the Raiders they better be ready to play man Up next on the show stay tuned for more of our conversation with founder of big three basketball ice cube and we continue our conversation about.
"sassa" Discussed on Bloomberg Radio New York
"Quick tape This is a Bloomberg business flash And I'm camera Moscow and stock share falling as investors weigh mixed signals from the peace talks between Russia and Ukraine and brace for volatility from expiring options the dollar climbing oil remaining above a $100 a barrel and we check the markets every 15 minutes throughout the trading day On Bloomberg right now the S&P 500 and a quarter percent or 11 points at 4400 the Dow Jones Industrial Average down half percent per 154 points at 34,327 and the NASDAQ is changed It's at 13 1612 The ten year treasury up four 30 seconds the L 2.15% They yield on the two year 1.96% 9 X screwed oil is up 7 tenths percent or 74 cents at a $103 73 cents a barrel Comex gold is down 6 10% or $11 20 cents in 1937 announced the Euro 1.1014 against a dollar British bound 1.3119 begins at one 19.32 and Bitcoin is lower down a third of a percent at $40,580 And that's a Bloomberg business flash Lisa and Paul Thank you so much Karen Moscow All right let's set the scene in Washington D.C. as we speak there's a phone call taking place between President Biden and president Xi of China Trying to get a sense of how those two countries are thinking about what's going on in Ukraine Justin sink a Bloomberg White House correspondent joins us now Justin what do you think President Biden's goal is this morning with his phone call with president Xi Sure I think there's sort of two tiers of goals The first and probably most important to the lighthouse is really conveying clearly to China that they don't want them to in some ways backfill economically The sanctions that the rest of the world has imposed on Russia So provide them sort of an economic lifeline that wants the impact of the sanctions And they don't want China to be providing military equipment MREs physical support for Russia's army which is really been stalled in Ukraine and struggled to push forward towards their objectives So if the U.S. government is China to sort of stay on the sidelines on both those issues I think that will be a big win for the president Now what he would love what the ideal situation is and what administration officials have been sort of publicly asking for headed into this call is for trying to go a step further and sort of accurately denounce Russia's actions in Ukraine They say that China has been supportive of the world order of the UN charter publicly before Xi Jinping has sort of expressed those ideals before and so they'd like for him to do that here It seems unlikely especially considering the bonds that have grown between Russia and China but I think if they can accomplish the first that'll be sort of good enough for The White House if they can get the second that would be a real win rail accomplishment Justin we've heard from the rhetoric from The White House that there's a feeling that perhaps China might give weapons to Russia Is there any incentive any motivation that makes sense for China to do so Well I mean I think that the China has two potential motivations there One is sort of growing that relationship between themselves and Russia improving their economic ties and if they feel like the west is freezing them out especially with some of the tariffs that have been put on that haven't gone away There might be an incentive there The other of course the China is evaluating this entire situation In the context of a potential invasion of Taiwan and how it would impact them there And so I think that there's some level of sort of testing the waters and trying to figure out what will fly what and what the cost signals are and how they might not be if they decide to move forward with that So Justin what's the feeling within Washington D.C. about the American response It seems like The White House has been feels like it's doing all that it can do in terms of material economic support military material is there a meaningful movement to do something even more than that I mean there's certainly pressure from especially some Republicans to move forward with the facilitation of fighter jets in addition to the drones on the ground arms that have happened So The White House has been really reluctant to push forward with that because they're worried that it would potentially push the U.S. into an invasion Or into a direct confrontation with Russia or NATO into the direct confrontation of Russia But I think officials do say that they are hopeful that they can get especially more sort of serious anti missile systems and Ukraine especially as they figure out the logistics of sort of backfilling those in the NATO countries as they push some systems into Ukraine And the administration has one that there are additional economic costs that they can sort of put on China that they have an outline Justin we were talking earlier with Damien sassa or Bloomberg intelligence about how the Treasury Department actually plays a big role in deciding whether or not Russia defaults on whether to allow Russia to make payments on its foreign currency bonds Is there an incentive for this government for the United States to actually prohibit Russia from paying on their bonds and thus lead to a default and the isolation therein financially The more economic sort of turmoil and pain that the U.S. can impose on Russia the idea would be I guess the more pressure that will filter up to Vladimir Putin So if regular people in Russia Russian corporations as businesses that were doing business with Russia are feeling that economic pain and it pushes up towards Putin then potentially it could be a disincentive though of course so far we haven't seen this in any way to turn his action Justin what's the feeling in The White House about president Putin Is he do they feel like he's someone that in fact you can negotiate with reasonably rationally or are they concerned that he's taking a really sharp turn from his prior behavior You know you hear sort of competing theories about this right There's the idea that's been sort of spoused by MAM LaCroix in France that is behavior has changed in some way During COVID has been sort of erratic that he is no longer sort of functioning rashly I think the U.S. would make the argument on many administration officials to make the argument that in many Ukraine especially knowing the cost inherently is sort of a behavior that doesn't make sense I do think that there are officials that understand that there is worry within Ukraine or worry within Russia about Ukraine's pivot to the west and then attempted before the invasion to sort of have those diplomatic talks The way you hear time and again is that the U.S. is trying Ukraine is trying to engage Russia diplomatically to find those sort of peaceful solution to the conflict And so far their actions betray that they're not at all interested in finding that Justin thank you so much for being with us Justin Bloomberg White House correspondent talking as President Biden and president Xi Jinping of the U.S. China respectively speak together on the phone This is their first really the first direct discussion I believe since the war against the war But even before actually since at least last year at some point But this really raises a question.
"sassa" Discussed on Bloomberg Radio New York
"That sense yes investment grade Asia credit is an area relative strength amid this downturn right I'm talking relative to U.S. investment grade or other kind of corporate credit asset classes right So that's one area I mean look it's going to be your approach to hard currency credit and emerging markets If you take a low vol approach we've talked about that in the past That all seems to work well in the EM local though forget about it All bets are off With the dollar with REITs rising here in the U.S. the dollar strengthening it's just going to be a tough slog for investors to reach into their pocket and move their money offshore in the fixed income space We've got Brent and crude oil at $91 a barrel Does that bode well for I don't know Brazil for example It does bode well for emerging markets so long as the curve remains in backwardation And let's be clear when you're talking about that We need to find backwardation because I'm an equity Front month for the front month commodity is more expensive than those in the back month Okay You don't get paid to hold a commodity in storage Actually use it right So long as we see demand supply fundamentals in the oil market remain such that they are IE backwardation That's a good thing for credit spreads and emerging markets that you think are spreads But my goodness if we see that turn on ourselves and it can once again all bets are off So to apply this accurately Kansas City chief merch is in backwardation It could be I mean look some of the pressures you're seeing out of the Ukraine Russia crisis on we could be hitting some of those some of those markets yet No you may be right there He's ignoring us You want the football skinny coming up Yeah I mean folks I don't know what I'm talking about Sassa is an expert at this Did you predict in any way Damien that how many 6 football games would have been this spectacular Yeah I mean forget about the football also I mean Rafa I mean waking up on Sunday morning I mean what an incredible match that was in Australia I mean I'm 30 in the morning though I mean and then basically yeah these games I never thought after last week and we were going to see games on Sunday that even rivaled it but they were unbelievable And look I stick to my mantra defense wins championships I mean if you look at the Los Angeles Rams and what's going on with that defense there definitely I think they're the same now by three and a half going into the Super Bowl So much this weekend Dana bought another ten acres in Turks and cakes Close it up sorting Damien says our thank you so much for very very good on emerging markets Some of the dynamics there as well With our news in New York City here's Michael Barr John Paul thank you very much Russia.
"sassa" Discussed on AI Today Podcast: Artificial Intelligence Insights, Experts, and Opinion
"Maybe one group is working with software that they already have, that they can use in their environment, and then maybe I could take their model name and I could push that model to the cloud. And then my other group can work with the model in the cloud. And then maybe I need another group that needs sort of this full life cycle for machine learning from data origination to model operationalization and management. They need something else. We can have multiple things. We don't have to be so fixated. So our forecast for the machine learning platforms market is a, we can tell. This is all a race to the middle. This is a race towards if there was like a set of things that you have to do with machine learning. All of these vendors are racing to that place, whether it's the cloud vendors, you can see this. And I'll name a couple names here, but not to single anybody out. But if you listen to the AWS reinvent, if you were there, you heard all their announcements about machine learning, you could tell they're like, we're going to do MLOps. We can do data labeling. They actually announced the data label. We're going to do dataprep. They're running there. If you look at, say, what data robots doing? They're acquiring companies they're moving there. If you look at what companies like, you know, that are traditionally like an analytics sassa SAP and matlab. They're announcing stuff, right? So everybody's running towards that middle point. Everybody wants to be the single vendor solution. So yeah, we're going to see some of these some of these startup companies that have raised a lot of money and are acquiring. They're bound to go public. Or are they going to get acquired? But most likely they're going to go public. And I think the cloud vendors are just going to continue just to keep aggregating stuff into their products..
"sassa" Discussed on Bloomberg Radio New York
"A little bit of a bounce back TK a lift in the past hour It's a little bit of a bounce back and it was really ugly 90 minutes ago I think there's a number of stories here John you mentioned China I'm not going to downplay that because the market pricing of what's going on in China's tangible It's off the radar this morning John particularly with a Macron but it's real Evergreen paper self I want to get straight to Friday Thomas CPI report in America Sarah House of Wells Fargo in a previous air suggesting 6.9% CPI in America on to 7 through machia Q one next year Goldman Sachs markdown so let's call it nominal GDP 7 plus two Okay I think that's 9% as my Monday math Maybe after double digit economic growth all inflation adduced that's something John we've never seen before And that's the uncertainty that we have right now Then it cost them the team over at Goldman look for 5100 on the S&P and next year Kaylee a conversation we've had over the last couple of weeks If things get dicey can the fed do anything about it with inflation close to 7 Is it already too little too late even as the fed talks about accelerating its asset or sassa purchase wind down potentially as your own pal talked about repeatedly last week even in the face of the market clearly being upset by his comments even in the face of uncertainty around the amaron variant the fed may be trying to play a game of catch up here as we're faced with these kind of numbers on inflation in the U.S. 69 on the ice and the labor market report on Friday Check out the headline number look pretty solid Tom Throw in the things that Kelly's talking about You do wonder how much of a heavy lift the fed's got ahead of it Just to slow this economy downtown with an economy with a 69 handle on the ISM Let's reflect on that TK For most people booming The partial differentials John is you want to bring the inflation component over to real economic growth And as you mentioned earlier the most important statistic last week where boom ISM numbers And that's the bet right now We've got a lot of people saying the growth is there It is real inflation will subside and we've got another group saying the growth really isn't there And we'll have a way We'll talk about that boom in just a moment Here's the price action this Monday morning Good morning to you all up 18 on the S&P Advancing on the S&P 500 four tenths of 1% The NASDAQ 100 was much slower Down 6 tenths of 1% and some right now down a quarter We bounced back there too Ten year treasury yields bouncing back as well The obs lower ten basis points on Friday This Monday morning Kaylee up 5 to one 39 52 Yeah retracing about half that move but we're still south of one 40 This is not where a lot of people thought we would be in December of 2021 A lot of that those calls have gone the wrong way Now as for what is ahead today at 8 15 a.m. Eastern Time we do get the eurogroup meeting finance ministers meeting in Brussels high on the agenda is going to be those energy costs that are persistently higher and what the implications are for inflation in the Eurozone And of course the IMF managing director Cristina gorga will be addressing that you're a group with a press conference later on at ten 45 a.m. Eastern Time Also happening today the world petroleum conference It was on the board John oil up about 3% today It really is going to be interesting as we hear from the likes of BP of Aramco of Occidental Conoco oil ministers OPEC officials what they say about the demand outlook and how the Akron variant may cloud it especially in light of OPEC plus moving ahead with production heights for January So we'll look for that commentary And then finally at 2 p.m. Eastern Time President Biden will be speaking from the east room of The White House no surprise he will be talking about his build back better plan and this time about how it specifically will lower prescription drug costs for Americans So we'll look for those remarks on Looking forward to it Katie thank you spare a thought for anyone There's got to put together a forecast for next year Tom Keane it is crystal ball season Can you imagine many of those reports Tom were written a couple of months ago Now they're looking to publish them going into the next year and I have to say next year Tom looking very uncertain And again as you say a couple of years ago people made fun of this but I'm sorry I was a brilliant call a couple years ago reset and marked what's really amazing here John is when you look at the pressure it takes when you join a Philadelphia shop and all of a sudden you're an expert on the Philadelphia Eagles You have to be an eagles fan You have to be an eagles fan to work at FS What can I ask you to join us now Chief market strategist at FS investments I'm not sure if he wants to be called an eagles fan We'll deal with that in just a moment It's crystal ball season How important is it to stay humble in this crystal ball season Troy Oh a 100% I mean as you guys have talked about time and time again in your show the variance in forecasts for next year are huge You have brilliant people calling for runaway inflation with lower real growth You have brilliant people calling for a normalization of inflationary pressures and a boost to real So times like these you have to keep your forecast very wide and be humble and understand there's a.
"sassa" Discussed on Bloomberg Radio New York
"Alongside Tom Keane and Lisa Brandt some Jonathan Ferro some price action we need to talk about futures up 11 advancing a quarter of 1% on the S&P 500 Euro dollar a week a dollar firmer Euro off the back of a move to one 12 in the past week one 1343 We're positive there two tenths of 1% Two more currency pairs I want to talk about Let's start with South Africa a 25 basis point move at the South African Central Bank Widely expected that's what we get a split decision though of the 5 NPC members three voting to hike two to hold It's only a little move off the back of that Dollar round still near the highest session But this is the currency pair that is at the ding dong heights at a session right now Tom It's dollar lira through 11 a clean break of 11 a four percentage point move after another big rate cut a rate cut from the Central Bank in Turkey One of the things going on here is a lot of moving parts And with Damian sassa our chief emerging markets credit strategists we can talk for two hours but we're not going to do that today Damian IMF essays from a time of crisis Stanley Fisher's classic book that he wrote in 1998 off the debris of the 90s How close are we to the 90s Well you know I mean look you know this is an unprecedented era right now in terms of the amount of rates we're seeing across the whole of emerging markets I mean Tom the correlation between the number of red coffee cups and the 6 four cafeteria and the losses we're seeing for the Turkish lira It's just uncanny So for me what you got to focus on is the fact that net FX reserves what makes this time different in Turkey is that Netflix reserves are negative negative $36 billion So they really don't have a lot of insulation to protect against the run on the lira And that's why we're seeing this digital binary move to the upside $11 today I mean it's pretty unbelievable I mean you see it on dollar Lear out to 11 in all can go to the politics of it in air to one The idea of idiosyncratic you and I know our Ecuador at some point it's not idiosyncratic What should our audiences look for to see that switch from idiosyncratic to not Well I mean you're mentioning Latin America so we can't talk about countries like Ecuador El Salvador Costa Rica all the distress sort of lad am high yield players without talking about what's going on in Argentina 6 out of 8 Senate seats during the midterms no longer in the parent his hands is the first time since the 1940s with a peronist have not had control of the Senate Now many may think this is a good thing In fact you're seeing investors bit up bond prices Argentine bond prices We all know Argentina's defaulted There are serial defaulter But they've been em up in recent just overnight in the last few days after these midterm results But the reality is we might see more populism in the near term by Fernandez in Argentina which would be bad for the economy as he tries to protect his base and stop from becoming a lame du president through 2023 but again you know for the immediate term this is good news for Argentina So amidst all we're seeing in places like Turkey there is a spattering of good news and I guess South Africa is just the fact that they hiked rates by 25 basis points They're getting the message is more good news in my eyes So Damien then why is the market not getting the good news You're seeing the sell off continue in the South African Rand You can see a real skittishness even when there is a more hawkish tilt because it's not satisfying the degree that perhaps traders think is necessary What's going on It's everything you talk about each and every day Lisa it's inflation inflation inflation It's going to be the dominant three into the first half of 2022 in my opinion before growth fears become the dominant theme in the second half in my opinion Anyway So I think you're absolutely right The markets are focused on inflation They're looking for central banks to get ahead of the curve and they're looking to see which economies can stomach higher interest rates that they can still grow within themselves And that's where the rubber meets the road There are going to be certain emerging markets that certain certain emerging markets that can not We saw overnight Indonesia Philippines leaving rates on hold they feel that inflation pressures are manageable there and their economy is desperately need to be stimulated in order to continue their growth trajectory You mentioned the growth inflation mixed there I wonder how you think these issues spill over to develop markets from emerging markets through next year For me it's going to be the fact that is the U.S. resilience is in April I mean Jonathan the fed may actually be encouraging another taper tantrum just by being so transparent in their moves And I think this is the risk that emerging market practitioners are now warming to The fact that if the fed has to play a little bit of catch up here and move a little bit more aggressively in terms of its taper I mean that can be really bad right now All they're doing is they're scaling back the pace of the tape but they're not tightening yet When we see quantite all bets are off we'll see how the markets react then I mean you're specialized Do you wait for the tourists to run away And when it gets really really uncomfortable you start to lean back in I sense from you you don't think we've had that moment yet Well I mean globally in terms of emerging markets probably not but I mean look in China right now I mean you know the high yield market is sort of recovering valuations are recovering You know we talk about the relaxation of property lending in China and how all these defaults all these miss coupon payments we've been talking about it for months and months and months But now you're starting to see investors come back in why because China's kind of taking the kid gloves off It's allowing property developers to access the access The asset backed securities market it's been on freeze for three months They're allowing them to lend it more favorable late rates and they're offering more favorable rates to state owned enterprises to go out and acquire these troubled managers So all of this is good news and we're finally seeing that reflected in one small area of the emerging market landscape But structurally I'm a dollar bowl I have been for the better part of the last decade and I don't think that's changing anytime soon So that was exactly where I wanted to go the idea that perhaps you saw capitulation in the Chinese developer space at least if you take a look at how high yields went is there anywhere else in the world in the developing market complex that you're seeing capitulation that gets your interest Well I wouldn't call what we're seeing in Argentina overnight capitulation but certainly one of our calls I guess our contraire and calls this year was that we would see Argentine dollar bonds appreciate and generate a little bit more of a total return than they have already We might be on the verge of that I don't know But you know that was definitely an area We thought that valuations were really kind of mispriced And again it comes down to the IMF $53 billion of debt with the IMF another I think 44 billion coming due over the next two years So yeah we've got to see those negotiations progressing the right way And I think we're going to get closer to that here in lieu of the midterm results I mean just quickly Look around the world right now Who do you think has got the hardest job in central banking Oh well it's got to be the U.S..
"sassa" Discussed on One Life Radio Podcast
"That popped off the top of my head is justice for the dora right or sassa is sasha is another one right. You've got some incredible stories of animals that persevered that you have you have healed That are looking for great homes right. Patty yeah yeah so we have all send me. We're not specific people specific. We have people we have little. We have you name it. we have it So i mean we have all believes in rescue league. You know whatever we can do five shape all of it Tell us about the serenity. Project what is that. I saw that on your website are serenity. Project is We hit her dog serenity just quickly. Who came into us. Or the face tumor. That was so enlarged that she turned into a hospice dog. Because at the end well she all i can think of is that she was such a lovely dog. Like maybe you know we always think poorly of people who give up their dogs or poor that start. But i mean think about it some of this stuff plus a lot of money and people don't have a lot of money but that doesn't mean they're there is less so the serenity. Projet came out about dog. When i would sit there and wonder and i look at her and be like what happened. Why did your family help you. You know what happened so we created the serenity. We always done outrage. Strengthening project is actually an outreach program to help families to give them a supplement maybe cover. It just depends on the cost and they apply for funding to help pay for their personal adults. If they to alleviate them surrendering to the shelter. When you hear stories like that you know it makes me want to get my wallet out seriously. And just give you some money right because when i mean an and putting just all that love and just beautiful energy out into the universe. Seriously it's contagious. It really is when you hear stories like that about people that their animal suffered because they just they simply didn't have the money as you said. Medical costs are your greatest cost a lot of people. Yeah i mean it is i mean. A lot of people can't even right now. I've got to to my dogs. That really need their teeth cleaned. It's expensive it's super expensive. you know. And and the teeth cleaning can lead to a lot of other issues too. If you don't take care of it properly. And i have many disease. That kind of thing yeah. I can't brush my dog's teeth. I can barely brush my stuff. Is you know. But i love that. The serenity project so what are some other things that you guys are doing into dallas dog that they're not doing and other organizations We we push for legislation. That's a huge thing for. I mean i know a lot of people do but we pushing change in legislation. We can jump on those animal cruelty cases so we pushed them through the system. We push them through to be Charges filed changing the laws in the state of texas and one of our Reform processes and educating the community. Well and i know that you work with the texas humane legislation network as well right the h. l. dot org and you can volunteer with them to and so yeah and right now you know It was last sunday..
"sassa" Discussed on SoFlo Weird Show
"And twisted history to give you a little setup michelle. I recorded the following opening in a walk in closet at our airbnb in lakeland florida. This was honestly the best makeshift studio ever. We have a very interesting show today. We just got off the road from our so flow weird street team adventure which was really interesting. We had i dunno michelle. How many stops do we hit. I think like six stops well. Let's see we started out at the child of the sun. Campus in lakeland florida where we saw all the buildings that were built and developed by frank. Lloyd right after that. I believe we went to go. Meet up with rob robinson To talk about legend tripping and some and some really cool maybe day trips the day after we visited with rob. We did get to see that. Charlie smith america's oldest man and that is a controversial statement. We will explain that later. And then that same day. We got to meet erica smith. No relation. I didn't even think that erica smith right very common name. But anyway we to go meet with erica smith who works at bok tower gardens. She does a little bit of everything there but she was able to talk with us about the gardens and the tower in everything that edward bach has done as far as conservation and building his beautiful garden for everyone to experience enjoy and then on our very last day we went to home sassa to see them monkey island. The monkey island was kinda sad. We realized we were so disappointed. In our opinion the island should be a lot baker. The monkeys just were so sad. They were just sitting in the tree. I know well okay so there was about three monkeys and to be honest with you. We got to the. There's like a restaurant right there. And i had always assumed that this island was further out in the water somewhere sitting out on the on the dock and looking out it it just. It really wasn't even that far and it was such a small patch of island. I just felt like just didn't have enough room to run around. Or some scraggly trees and yeah. They looked a little sad and we felt a little sad. That was a little disappointing. And a little upsetting to me. I do wanna give credit to home. Sassa because i think that there were lots of beautiful waterways rolling hills long beautiful pastures and it was a really lovely place to go. There was a fishing competition when they were there. And we went to this wonderful bar and grill called crump's on the water yet. I was amazing and everybody went. There was super friendly. So i'm not necessarily knocking homa sasa or anything like that. I just from a animal lover point of view healed it. Those monkeys need a lot more space. They need trees. I mean they need to swing from treated isn't Monkeys winger together. Do monkey stuff. I felt like they didn't have enough room to monkey things. Let's go back to bok tower. Because that's what this particular episode is going to be dedicated to our wonderful interview with. Erica smith of bok tower. What was your take on it first of all. I was surprised it took so long for us to find a tower. We're following the gps. We're looking for the directions. Turn here at turn here. And you and i were both going. I don't see a tower. There's no tower here so it's kind of hidden. Yeah i was. I felt like we were on a lot of road and we were like where is right but erica. Did tell us that that was intentional. That Edward baake wanted you to experience the tower after you entered the gardens. And it's really beautiful to experience close impersonal. But i also appreciated that you had to walk through the gardens to get to the tower and experience them first and there was plenty of opportunities to hear. The bells rang So hearing them ring as you're walking through the gardens is also really nice experience and then when you get there. You're kind of like the apex of lake. What could arguably be considered florida's only mountain. It's a beautiful sight. It's two hundred feet above sea level and then the tower itself is two hundred feet. So when you're standing there on the hill you can actually see all the the rolling hills of orange groves and everything is really beautiful site and then if you happen to be standing there while the bills are toiling in the tower behind you. It's really magnificent. Experience low so flow weirdos. This is stop number three on our trip. We're in lake wales. We're at the beautiful bok tower gardens. I am with erica smith. Erica thank you so much for joining us Give us a little bit of background about what you do here at buck gardens. So i'm the business development director and what that means is our team is really devoted to finding all the opportunities to make Tower gardens the best garden and america if not in the world and it is right according to you absolutely gorgeous here. Okay so what we do is we make sure that we're communicating all of the wonderful things that bacteria gardens has to offer I also work with the cafe team. So we're gonna make sure that you're fed well when you're here at the gardens and then we're gonna make you stop by our gift shop at bog and take home. All the beauty that bakar gardens has to offer and it is magnificent. We we have yet to walk around but it looks absolutely beautiful. Even the drive in is just gorgeous in the field here. Explain where we are sitting right now. Okay so we're actually at the entrance of our children's garden it's called hammock hollow and it's a three acres children's garden that's dedicated to really introducing children to nature so when you walk in you're gonna see wonderful stones to climb on a river walk. That will help you. Cool off in a splash zone as well as musical instruments art and craft projects anything. That really takes kids in introduces them to the wonder of mother nature. And that's what we want to hear about tower gardens. Were also right in front of our outdoor kitchen and our kitchen garden. Yeah and i noticed that it say edible garden. I i was noticing. A sign right there. So so you cook with not specifically. She does everything she even cooking. You actually use the ingredients. Some some of the herbs and stuff from the back garden would be too small for us to use in the cafe. Volume would be too large but what we do use it for is our cooking classes and our culinary experiences so if we were to use it for the cafe. We wouldn't have much of a garden because we would be harvesting every day. Okay got it so that is what this area's really dedicated to you. So this is expansion area. In two thousand sixteen we made the largest expansion and bought tower gardens history and so we added in the chemical children's garden. The florida wild garden and then the edible garden and that was part of the expansion and this expansion really brought bought tower gardens to new relevancy. And so that's what we wanted to do. We wanted people to be interested in our history. But also in our future before we go into. Who edward was. You.
"sassa" Discussed on WFAN Sports Radio_FM
"None of us understood tie lose reasoning for being confident after his Clippers dropped their first two games at home with the Mavs, But here are his clips. In round two. Those guys been focused all series long, So you know you get down low to on your home floor to go into a hostile environment in Dallas, where their fans was out of control. Um, you know, wanted to come back and win 41. I mean, just says a lot about our team and company finally winning a home game yesterday, taking Game seven from those Mavs 1 26 1 11 behind 28 points, 10 rebounds and nine assists from Kawai. Now Lou gets them ready for Game one in Utah. Tomorrow night. Game one for these sons and nuggets is tonight It follows Game two for the Nets and box. No James Harden because of that right hamstring. The Falcons finally traded Julio Jones yesterday, getting a second round pick back from the Titans. The teams also swapping late round choices in 2023 Jones. All the Titans make up for Corey Davis and John You, Smith. Leaving as free agents. The Montreal Canadians were down 31 to the leaves in the last round. They won That series now lead the Jets three games to none. After last night's 51 home win, met six wins in a row. They have not trailed in any of them. Vegas Thembi, Colorado 51. Last night. That series is to to Sunday on the diamond ended with extra innings sad Yankee Stadium. Sassa is ready. He throws Bogart's drives one into left field toward the gap. No one gets it. Vasquez scores doll back right behind him to run hit for Bogaards and the Red Sox leading 6 to 4 in the 10th. That's Will Fleming on Red Sox radio Boston held on for a 65 win and But he has won the third and the fourth in about seven minutes as they had now to that fifth and final set. Coco got a straight set win to reach her first Grand Slam quarterfinal, but Sloane Stephens lost Raphael Nadal, please later on. And yes, once again. U S men's soccer, winning a bonkers game with Mexico last night 32 in Denver to when they first ever Nations League title. Tiebreaking goal and they wanted and 14th minute from Christian politic, then Ethan Horvath say, the PK to preserve the wind bill back to you. Bogus. That was that was awesome. I'm sorry. I made funny for this guy. I want to adopt it. I'm gonna walk at that. I love I'm going to this guy. At some point we're going to get the DiBenedetto. He's over here. Just freaking out. By the way, he's pushing buttons. He's punching buttons. So upset you should turn your camera on to him. What do you want, Sam? I will. All right. So so let's do Let's do this. Do you brought up Julio Jones? No one else can see.
"sassa" Discussed on Pop Culture Leftovers
"That chemistry between paul. Benny russell crowe in that. They were packed with each other such a good movie. I love that movie man. And when when i saw there was a sequel. I didn't read the article. I just went off the headline. And so i was hesitantly excited about it. I mean i would have been way more excited. Had we gotten this announcement you know maybe back in two thousand five. Yeah like that and it was the same. The same cast coming back and it was a sequel. Because like you said it. Does it sets it up as a sequel hundred percent and so i'll watch it but it's man i don they're gonna have to nail the casting and i don't know in in in that it seems like you know russell crowe and paul brittany's characters have a history together so it's like are they going to still have those same two characters paired together. I mean that's got they're going to have to nail casting onto people and then also have still have that same chemistry together or they're going to go in a completely different direction. Roy tell did you ever watch the carlito's way prequel know jesus christ in terrible. Jesus christ yeah it was fucking oh rising or something. Yeah oh my god. I you know like that was one of those movies. When i watched carlito's way i was kinda like man. If they made a fucking carlito prequel that would be so awesome. Like give us the back story. Like fucking how they how how he met sasso because like they talked about like how sassa was like the shit back in the day and they give us all that stuff that the movie was absolutely terrible. So it's like i don't you know anytime. I hear that they're doing prequel. Hey tempted that. I hear that. They're doing prequels that they don't have like the original people that were involved doing it. I always go back and think about carlito's way the sequel prequel and how that let me down. Paul did you watch master and commander. Oh yeah yeah. This is one of those movies. We did a midnight run to Back in the day. It was a lot of fun and i agree with everything. Joe said i mean if they're not gonna follow like explore the beginning of the relationship with those two. I think for this even be a success. They need to get a big name in here to headline this after not bringing russell crowe back like put chris evans in this or something. It's gotta have something big to draw people into a property. That's been out of our minds for seventeen years. Yeah yeah yeah we'll see. Yeah i have. God i just i was really really hoping for for a direct sequel guys ready to jump into marvel news if you're not going to do it anyway. So the question is irrelevant. Marvel marble.
"sassa" Discussed on Feliz Dia Novo
"Kabir janine viva. Let's face big soins hickok with the view. They said they just want being saddam. My view compa see by seascape possibly among the age Leads is dive diving. Kitsch positive Towards quasimodo proposals sister opposite months to being flavia. Leap blue gathering is push Bookie put a hypocrite. Selm police bob. We says that feeling edgy. Vaulter get you through the material to the performance in the positive side party versus nick. Soysa party deniro. Partout biohacking lake was something both obey basically some also think them being but with the airlie sassa intervened pulled park novembro up falgu schools lavatory miserable papa. Party lyonel jallow go commercial gwozdecky donna. Causal sake recipient fly assume total twat butterfly veteran. Being and your source meals success tacoma visit go visalia. I can escape his guys that we started losing. You will see a split. Gumbel process to make his pistols. Ponce body council subsidies disorders nuclear sandal. A komo tally to joe game but said to bank do positive amana pleasurable. My scorpion. your game phase. What party some will say is that was. The competences with policy doesn't apply in telugu was confirmed. As you start it's skis. Importance impresarios kalemba. Mice can get quite about donald satisified us circle my step out there but the body of biota bali by leo of a civil ceremony. The show must book degenerative equation stop by disability. Sickie on my s- we'll see cuba. Brazil hobie cuisine represented the marcia maps phillies mobile towards hobart report. Simply gear lewis siebel flyway style. Lumina tougher do people cities defaulted assault on me. I'm avalanche modern. Day oh my salary. Vietnam battle papa. Not of water. My sister fill up those us on a silver cubo. She sees that they must fly via leap ios fans. Deflate leave mentally. Galway was but three civil. Usually's urged lucky lose advances tel aviv. Rookie zaza flower. Flavio village valujet. Zappala gomez in podcast. He could sample told a lot. Amelia polio do youtube. Is i they issue of your commute. To ceo of your key. L. body cashew view where hydro view nansha radio to ever see ourselves. Arctic deserve all. That deploys our visa. The poco time party in tom. Wolfe's kicking off. Your flavia guava pod your video push novakovic you border. Salata team is saint reviews. Lana poor thou- symptom. Popularity was ago from culver. Sabur while florida. There's brucie's you. Probably john wolford who volume through the valeo. Todo told me failure over singled affair internal set. You may on my stomach job. Move programme wasn't..
"sassa" Discussed on KQED Radio
"On this Tuesday morning. Join us perform later this morning with Michael Krasny kicking off, Not the nine o'clock hour, meaning Kimmitt 10 is Reaper. We prepare for a transition of power to President elect show Biden and the nation's first female vice president, Kamila Harris. Form explores. What can history tell us about the tumultuous moment we're living in at 10 in the wake of the deadly pro trump insurrection of the U. S Capitol Forum talks about how journalists are reckoning with how they shape and deliver the news and what should change moving forward. We hope you will join us later this morning. Two hours of forum be a part of our to our program on Qi Q. B. D. From 9 to 11. It's morning edition from NPR News. I'm Steve Inskeep, and I'm Noel King. Good morning. There are 25,000 National Guard troops in Washington, D. C to secure Joe Biden's inauguration. By way of comparison, there were 8000 at President Trump's Authorities of the capital are on high alert. Among their concerns. A remarkable one the possibility of an insider attack a threat from service members. The FBI is vetting all of the National Guard troops who have come to the city with me now. Lieutenant General Mark Sassa Bill who is vice chief of the National Guard Bureau. Good morning to you, sir. Good morning, Noel. Thank you for having me. We're happy to have you Why our National Guard troops being vetted before the inauguration. So let me start that by making sure that everybody understands our There's no room for extremism in our ranks. I don't think I have to say that. But I will. Anyway. All the men and women that have joined the National Guard have a deep desire to serve and they're proud of their service. Kind of vetting that's actually happening now is routine for inauguration. Some A D C guards and myself have been in about four when I was still in the unit and every one of these, there's been an extra level of security, so this is not something that's unusual for these types of events. And so we've asked to partner with are with the FBI. They're one of a handful of our partners here first. This event obviously. So we're doing the next level of scrutiny to make sure that that we have that extra layer of protection. We don't have any big any signaling or indications that there is a problem. We just want to be on the safe side and and as the 25,000 soldiers and airmen come in, like, he said, that happened last night. The final match is here If you will. At the armory when they in process and they're getting an extra reminder to if you see something, say something and refer that up to the chain of command, but routinely, I'd like to also mention that we have standing procedures and it's not just for inaugurations. It's a day to day process that we Go through with our educations general in the states to see if there's any concerns and if there are their flag to he or she and the edge it in general will conduct an investigation an inquiry and if the Sichuan War if the situation warrants said they'll refer to the FBI You decide how? Yes, it sounds. It sounds like what you're saying is you are not seeing at this time. And he added risk of an inside attack. Vetting is normal. There will be some amount of extra vetting this year. Given the circumstances Can you describe how the vetting works? What? What actually happens. What are you looking for? Well, so I'd have to refer you to the FBI for the specifics. I'm not sure exactly what it is that they do, but they are on behalf on our behalf. They are going through that and looking at that. I put him in the databases. But I have to refer you to them for exactly what it is that they're looking for, Okay? Yeah, I was walking in the park near my house Thea other day yesterday, in fact, and I saw several National Guardsmen on it made me wonder. I mean, it's not a familiar sight in Washington, D c not in the neighborhood where I live. Could you describe how the National guard is being equipped to keep this inauguration secure? So that's a great question. We have several several that it depends on the mission again. We are here in support of law enforcement. And so they the equipment depends on the mission that we have been asked to do, and so we've coordinated very closely with all of our partners. That's Metro PD. Capitol police Partly Secret Service. And we've seen the plan. It's a good plan. They've got a handful of missions that they've asked us to do, and depending upon exactly what it is that we're doing, we will be equipped so you'll see some folks with We call you know the civil disturbance skier, which is the helmet in the shields, and you saw some of them on TV recently and then there will be some soldiers and airmen with weapons. And there will be some without weapons, So it really depends on what we're being asked to do. And what are they prepared for in general? And how is that different this year? Given what happened At the Capitol on January 6th. So what? We're prepared for the worst and expecting the best, and, uh, there were closely aligned with again the FBI and law enforcement to understand if there's any where the disturbances might come from, And if anybody wants to You have unlawful protest, So that's really what we're keeping an eye out for and in our missions are across the board security crowd control traffic control and several other supporting efforts. But but way hopeful we were hoping for a peaceful transition of political authority on the 20th, and hopefully everything goes well. In the seconds we have left. May I ask when does everyone go home? Well, that's a great question. They don't be conditions based. I think we have to wait and see. And when we're no longer needed and no longer requested by the authorities, we will. We will leave here and that in a expeditious manner or as directed. All right, Lieutenant General Mark Sassy Ville. Vice chief of the National Guard Bureau. Thank you, sir. Absolutely thank you. When Joe Biden takes the oath of office tomorrow, President Trump will not be there, which is a fundamental break with tradition. It underlines Biden's challenge as he tries to bring Americans together. NPR White House correspondent Tamara Keith reports on.
"sassa" Discussed on The Bone 102.5
"And you should have every right to go out for some cocktails like everybody else does legally, But you can't do so. So it's not a matter of what's going on in your life. It's that different people work different schedules. Huh? You know you could, you know, kind of year tour of that, But no, you can't kind of gear towards that. That is a fact that I just gave you We live in a gang economy is someone who's done it myself. You know a lot of times my weekend has fallen during the week, so It's It's just a matter of what kind of job you work or what kind of schedule you have. And some people are just, you know, because of blue laws are out of Look if they want to have a drink, right leg on a Monday or a Tuesday, you, sir on the phone. I'm not saying you're Jimmy. Judgmental, but sound kind of like that. You know you you you drink when you get off work at 6 P.m.. You stopped by the pub for a pint or two with your lads. But let's say I'm me and Spence where the bartending tandem where the Tom Cruise and that other guy from cocktail and we're shutting down the left and cook a burger at four o'clock in the morning, and we want to go for a pop. Our days off. We don't want to take Friday and Saturday enough because that's our money making night. So absolutely got Mondays and Tuesdays off slow nights in the hospitality biz way Should have everybody at 6 A.m. seven A. M to go out for beverages without you sneering down your nose at us. Out of Sam staring down my nose that anybody? I'm just saying that you know most people and most situations the common man I would say is, you know Drinking responsibly then you didn't. Do you honestly think the average person drinks responsibly The average person who drinks drinks responsibly? Do you really believe that? I don't I would like to believe that the average person has enough Self control to drink responsibly. Yeah. Interesting. Well, they have enough self control to do it. But do they put that in the exercise? Do they exercise that? Do they do it? Usually not right? I hope I mean, I I hoped they would I would hope that they wouldn't look okay. Thank you. 7275791025. You gotta live from the 407. What up M C E. O. What's going on? What's up? I just wanted to comment. Yeah, I live actually in Plant City right on the border of Hillsborough and quote and on Sundays where I'm at, it's still one o'clock. Sundays until you could buy alcohol in Hillsboro. But if I cross over the street County Line road, it's I believe it's 7 A.m., which I find kind of crazy way. Well, you're telling me that in Hillsborough County, they still have 1 p.m. on Sunday as when you can start buying liquor. Yes, That is correct. Because, like, for instance, if I'm trying to watch the bucks game or something, I'll go toe public's often ona Sassa and, you know, I'll get all my stuff. Ready. Grill my beer and then, uh, Yeah, you can can do And so one o'clock. I don't I don't know if it's the City ordinance or what it is, but yes, County. Yeah, that'd be the county or not, because the city of Tampa's gonna gonna make it 7 a.m. the Sunday but I'll tell you what Hillsborough County Commission Better get on that, because especially with the Super Bowl coming on Super Bowl Sunday, there's gonna be some pissed off. People want to drink at 7 A.m.. And you can't What? You can't give me a good reason. That I can't go to Publix. Like you said, and get me a Heineken or a high new Get ready for the game. You know I'm right early riser. Hell, yeah. Camp Camp A win ball. Tampa win Bull. Indeed. I remember.
"sassa" Discussed on Caffeinated Chaos
"But There's also the terrifying threes and the frightening force Pretty sure we're going to have the fortunate force the so that was. I don't know that was adorable. I love it. How guys think that just because they're not to anymore it gets better no no no and then on top of that when they turn five. It's even more because they're usually the tokk kinda like the little kid version of back talk. And they're developing their little sassa. -tute yeah so on here downhill from here. Bud sorry about that. But and then we get to do it all again in a couple of years with david so even when juniors out of the stage we've got david that's gonna be going through it so pray for us. We're gonna need it so it wednesday which means we're leaving tomorrow. Okay thanks down. And by adding yes. In case old we won't have to try color blind other than.
Stairstepping Your Way to SaaS with Christopher Gimmer
"I'm rob today with Chris Gamer. We're here to share our experiences to help you avoid with the mistakes we've made welcome back to the show. Thanks for joining me this week. Pretty interesting story this week. Christopher Dimmer did talk at microcosm starter back in April and and he and his co founder really stair stepped. They launched an APP that had one time sales. It was a marketplace. They grew that to where it plateaued. which wasn't isn't enough that they could live on and they saw an opportunity and started almost like a beat AC- type stock photo site not but kind of beat a small B.? And then use that to parlay into Sassa. So I don't want to Belabor it because we get into Chris's entire experience in the interview and one thing I really. We like about Christmas story. Is that he and his co founder. They learned small things. I and they didn't try to go play in the major leagues. When they didn't have the skills to do that they went and played little league and then they went and played high school ball and they played college ball and they played minor leagues and then they played major leagues? And that is that repeatable. Meticulous disciplined way that I've always believed in starting startups. It's not trying to raise hundreds of millions and take this big gluck shot that you may or may not have the skills or the confidence or the whatever to do but after listening to Christmas story you know that. Even if he were to his company today that he has a skill set that he can take with him to the next thing to the next thing and it becomes this these repeatable startups building real products selling them to real customers for real money so without further ado. Let's dive into our conversation. Christopher plummer thank you so much for joining me on the show today. Thanks for having me. We're here today. Data talk about snape your startup. That's at snape. Dot Com and your headline is Create Online graphics in a snap whip up graphics for social media ads blogs and more. Even if you're not aw graphic designer you did talk about nine months ago at Microcosm Star and it was a really interesting tale of your journey with your co founder across six or seven years multiple APPs to how you got to where you are today where snape you were just talking before the call that you expect to hit a million dollars dollars in a are in the next month or two. So congratulations on that base for much and snape you guys launched it in November of two thousand fifteen. You had four thousand dollars mirror. The end of the first month is that right. Yes so we had built up a bit of a a a list before we officially launch and we had you know kind of like Beta period so we had an audience launch to and then yeah within a month of launching we did hit about four thousand dollars. Mr which is off so good and we're going to dig in to that in this episode about how you got there and how you Kinda parlayed stair stepped your way up multiple APPs. It's a pretty pretty interesting story. And by April Twenty nineteen which again was about nine months ago. You guys were at Abou Sixty Two K.. Mara that's what you mentioned in the talk and then you're just about to hit the magic eighty three thousand three hundred thirty three dollars and thirty three cents and for those who aren't in. No that is one million air art which is a mark. It's it's a funny. It sounds odd when you say the Mirror but in eras is so cool to say. Yeah I run a seven-figure business you looking forward to that day. Yeah I mean it's it's something that I remember when Marcus is my co-founder and I remember when we first started snap. Were like man. If we can just get to ten Kate Mara like lifelessly magical goal and then you know obviously you end up hitting that and then you know everyone just talks about the Melania rare in the seven figures and so kind of once. We you vera kind of fulltime on snape and we're making a living off it that kind of next yardstick for I mean super arbitrary but it was always like. Yeah I'd love to get to about millionaire are so we'll we'll definitely celebrate what when we hit Most likely next month yeah. That's cool. Do you have plans of of what you'll do are you. When you're co-founder remote or able to get together and have a glass of champagne together? We both live in Ottawa. Were pretty much best friends so we hang out a quite a bit so oh yeah well we might do something special planned exactly. What yet? But we'll definitely do something good. Yeah if there's anything I've learned from my wife who is folks don't know Sherry walling. She's a psychologist and she works with. Founders is to celebrate those wins because they are unfortunately few and far between and there's a lot more struggle then there is the wins and I was never. I've never been good at celebrating the winds and she has has forced me to do it. And I think it's a good thing for everybody and frankly the wind is not it. Just you and your co founder. It's like take your wife out to dinner. Your your fiancee out to a great dinner or on a great trip or not. That's the thing it's like. The whole family had had to put up with me when I was growing my APP. I'm sure your girlfriend now. Fiancee S to had to put up with a lot of crap from you as well. So it's like I. I think we all deserve to kind of have have those winds when they come amen. Yeah definitely show. She'll be excited to hear that. Totally something about your story I it lines up with both stair stepping that I talk about a lot but also so this concept of this quote that I keep doing things in public creates opportunity. You went through multiple APPs to get to where you are now and you had one in two thousand twelve. That's kind of unrelated but in two thousand thirteen where you launched Bootstrap Bay two thousand fourteen twenty fourteen okay and that was a theme marketplace get place for bootstrap which is a framework. And tell me about how you guys thought like what the goal was there in launching. That was it. We WanNA launch launch a business very much. The the dream of all of us. It's to get to the point where it's supporting US fulltime. Yeah that was definitely the goal of stripe as so mark in La so we actually elite. Were both working in the in the government. That's that's how we met and it's funny because we were related to the youngest guys in the office and you know naturally we just started hanging hanging out and and became friends and then one day like mark had kind of pulled me into his office and he's like they wanna see something and it was. It was almost a zillow type of website like a real estate website. And I was like well. You can actually program like I. I had no idea because he was doing something unrelated at work. And so that kind of kicked off like the journey him just trying to figure stuff out and see if we can launch a business that could enable us to quit our jobs so so yeah the goal of bootstrap it was It was just a something that we could do while we're still working our jobs full-time and hopefully the the the idea was that that we can make enough money from it as that. We can quit angle fulltime on. It wasn't necessarily like a project like super passionate about and that we were planning on running for the next ten or twenty years. That's interesting so why started as a marketplace where you have essentially buyers and sellers rather than build out a bunch of your own themes themes and just sell it sell them like basically you're a digital product company instead of a marketplace. Yeah so essentially funny enough you would started breeding Keyword Research Seo and initially. We're actually looking for things that we can drop ship. Or whatever and then market con assembled across oss the bootstrap beans Putra templates as a keyword. which was getting a lot of search volume and at the time didn't have crazy competition like theme forest and even have its its own bootstrap category and there was kind of one major marketplace at the time which was which was called rat bootstrap? I think it's still really big today. And for variety reasons and and being super naive we thought like Oh. We can build something better uh-huh so in order to see the marketplace you know mark had kinda designed the first I like three or four themes but we thought it would be more salable if we were able to get other seem authors on board and kind of add more supply to the marketplace a good place than we can generate on her own. So that's kind of how it happened. WAS BOOTSTRAP Bay a successful business. Like can you give us an idea of how much revenue abroad and for you. So the the peak month was I think it was doing about like eight to ten K.. Or something so once we paid out like all the theme authors something I think we're profiting may be four K.. or or something so it was maybe a decent like side-hustle business but we essentially got to the point where we're having trouble growing strictly through Seo and because our margins and the lifetime value wasn't high enough we just couldn't put any money into a paid ads and we just started plateauing towing after a year and we knew it was gonna be an uphill battle in there which was kind of why we we started thinking about other stuff that we could orange. Yeah yeah no recurring revenue and the funnel is only so wide right. There is only so many people searching for for bootstrap themes and the other problem was like had mentioned the the tall marketplace could place. And as you know like first mover and this is something I learned out for. The fact is when you're kind of the dominant marketplace and you've got the first mover advantage is just so hard to due to unseat them so we we were ranking like number two or three and and the number one guy was just cleaning up so we we knew it was going to be a really really really tough battle and one that we didn't really want to keep fighting
Sasse: Digital revolution is "undermining" Americans' sense of community
"Nebraska, Republican Senator Ben Sasse says the digital revolution which fundamentally changed the. The economy is also undermining the nation's overall sense of community to biggest problem in America. Right now is loneliness and the good news is it's fixable. But it requires friendship on CBS has face the nation. Sassa politics alone won't solve the country's problems. He says America's struggles have been decades in the making and the blame for