11 Burst results for "Senior Financial Analyst"
Bloomberg Radio New York
"senior financial analyst" Discussed on Bloomberg Radio New York
"This is Bloomberg intelligence. We're really getting into now the streaming arms race. This is looking at that and saying we can really build a nice new truck ourselves. In the research and data on 2000 companies and 130 industry. The dollar is the dominant content and the planet. I think the opposition is an alternative progression of what Microsoft can do with this technology going forward. Bloomberg intelligence with LA steel and Paul Sweeney on Bloomberg radio. Over the next hour, we are going to dig inside the big business stories impacting Wall Street and the global markets. Each and every week, we provide in depth research and data on some of the 2000 companies and 130 industries our analysts cover worldwide. Happy new year, Paul. Happy new year to you. All our listeners too. Today we're going to explore the life science sector and what's expected in 2023. Plus, what's in store for retail now that the holidays are over. But first you got recession fears are going to linger for global bank stocks. You got concerns about inflation, rising credit provisions, and only some economic weakness is yet factored into estimates. And we get earnings coming out in just about a few days. So Bloomberg intelligence in your banks analyst Allison Williams joined this now. Okay, Allison, what are gonna be the key numbers that you're watching for when these big guys report? The key number continues to be lost revisions just in terms of framing how the banks are thinking about the year ahead. I think the key leading indicator, we think in general for the capital markets business, first quarter tends to be the strongest. And so fourth quarter, we know was pretty weak. It's not going to be that meaningful. The questions in terms of revenue are going to center around how the first quarter's going granted we're very early in the year. Is there potential to execute some of the banking fee pipelines? That was a big disappointment last year. And then what are we seeing in terms of loan growth? What are we seeing in terms of net interest income? That was a huge story last year. We expect some slowing in terms of the growth rate for net interest income, but we'll be watching again for loan growth, card, it tends to be seasonally strong quarter and we'll see if consumers were using their cards over the holidays. You mentioned loan growth there. I know that some of the, and it's not just in the mortgage market of the consumer market, but I remember Jamie Dimon saying over many quarters in the Bank of America folks saying the same thing that loan growth and loan demand really wasn't there on the last several quarters and maybe that was simply a function of the government was loading so many people so much money with all the stimulus. How do you expect that to look in 2023? So loan growth throughout really the pandemic was disappointing and it is exactly, as you said, attributed to the stimulus. And credit card, which is one of the most profitable or the most profitable loan product for these banks was really the hardest hit. And so what the banks are looking for as we move into 2023 is for those loans to normalize. We did definitely see some improvement, especially on the commercial side of things last year. We saw in the third quarter, we actually saw some pullback, but that was strategic in terms of the banks. Keeping control of their balance sheet just so that they could make sure that their capital ratios were shored up in accordance with some higher requirements. So we saw a little bit of pullback in commercials that just study, we think of this quarter. Again, going back to credit as being, I think, the big wild card for this year. Totally. And when you're dealing with credit for a consumer or you're looking at it from companies that they're lending to, what do you think we're going to hear about recession and default risk? Whether or not you're dealing with the consumer or other companies. I think we'll still hear that things are pretty healthy. Keep in mind that the worries are all forward looking. And even though recession fear is really weighed on the stock last year, it was a very strong year for credit. We do expect to see reserve building again, we talked about some of the growth when loans grow, you have to increase reserves But I think that investors will be keying on what are the changes to some macroeconomic assumptions. We already know that JPMorgan is going to increase their reserves, perhaps a little bit more than had been expected a couple of months ago. Due to both the growth and a little bit of a change in the assumptions, but again, I think that the biggest takeaway for investors or what investors should focus on is the fact that these banks are extremely well positioned to take on any increase in provisions. The last two cycles we had were crises. We had the pandemic. We had the global financial crisis. We think that this is going to be a much more manageable sort of plain vanilla recession, if you will, perhaps, closer to the 2000s. A real quick Allison, do I even bother if I want to get exposure to the investment banking business? Do I even bother with the European banks or did I just stick with the U.S. investment banks? So this will be an interesting year, although we've said this perhaps for the last several years, right? Because for the U.S. banks, really the advantage has been this virtual cycle since the global financial crisis. So they sort of got their problems behind them earlier. The economy, they had the benefit of a healthier economy. So that helped the revenue, which allowed them to invest more. And technology, as you know, has been sort of the key battleground for these companies. So they've been able to invest in technology and they've been reaping the rewards of those investments. And so it's been sort of a virtuous cycle. And Europe, I think, what's interesting is you do finally have now finally some lift in rates so you could get some help. Obviously, there's still some economic concerns there. And so we'll see what lies ahead. We've had some other European competitors getting a bit stronger. So we think that the competitive landscape for the global investment banks will continue to be entrusted. Very diplomatic way of time are crazy. I gotta say, all right, Allison, thanks a lot. Bloomberg intelligence senior banks analyst Alison Williams. All right, let's turn now to the FinTech space as names like Visa and Mastercard are expected to lead their peers this year. Thanks to revenue resilience and strong balance sheets, Bloomberg intelligence, senior financial analyst, dick sharra joins us now to discuss so diction when I think about FinTech, it's obviously as a name implies confluence of financial services and technology. It's a relatively new part of the financial services space at least for me. How should investors view this space should we focus on the big names
Bloomberg Radio New York
"senior financial analyst" Discussed on Bloomberg Radio New York
"And the global markets. Each and every week, we provide in depth research and data on some of the 2000 companies and 130 industries our analysts cover worldwide. Happy new year, Paul. Happy new year to you. Happy new year to all our listeners too. Today we're going to explore the life science sector and what's expected in 2023. Plus, what's in store for retail now that the holidays are over. But first, you got recession fears are going to linger for global bank stocks. You got concerns about inflation, rising credit provisions, and only some economic weakness is yet factored into estimates. And we get earnings coming out in just about a few days. So Bloomberg intelligence in your banks analyst Allison Williams joined this now. Okay, Allison, what are gonna be the key numbers that you're watching for when these big guys report? The key number continues to be lost revisions just in terms of framing how the banks are thinking about the year ahead. I think the key leading indicator, we think in general for the capital markets business, first quarter tends to be the strongest. And so fourth quarter, we know is pretty weak. It's not going to be that meaningful. The questions in terms of revenue are going to center around how the first quarter's going granted we're very early in the year. Is there potential to execute some of the banking fee pipelines? That was a big disappointment last year. And then what are we seeing in terms of loan growth? What are we seeing in terms of net interest income? That was a huge story last year. We expect some slowing in terms of the growth rate for net interest income. But we'll be watching again for loan growth, card, it tends to be seasonally strong quarter and we'll see if consumers were using their cards over the holidays. You mentioned loan growth there. I know that some of the, and it's not just the mortgage market of the consumer market, but I remember Jamie Dimon saying over many quarters in the Bank of America folks saying the same thing that loan growth and loan demand really wasn't there for the last several quarters and maybe that was simply a function of the government was loading so many people so much money with all the stimulus. How do you expect that to look in 2023? So loan growth throughout really the pandemic was disappointing. And it is exactly, as you said, attributed to the stimulus. And credit card, which is one of the most profitable or the most profitable loan product for these banks, was really the hardest hit. And so what the banks are looking for as we move into 2023 is for those loans to normalize. We did definitely see some improvement, especially on the commercial side of things last year. We saw in the third quarter, we actually saw some pullback, but that was strategic in terms of the banks. Keeping control of their balance sheet just so that they could make sure that their capital ratios were shored up in accordance with some higher requirements. So we saw a little bit of pullback in commercials that should study, we think of this quarter. Again, going back to credit as being, I think, the big wildcard for this year. Totally. And when you're dealing with credit for a consumer or you're looking at it from companies that they're lending to, what do you think we're going to hear about recession and default risk? Whether or not you're dealing with the consumer or other companies. I think we'll still hear that things are pretty healthy. Keep in mind that the worries are all forward looking and even though recession fear is really weighed on the stock last year, it was a very strong year for credit. We do expect to see reserve building again, we talked about some of the growth when loans grow. You have to increase reserves. But I think that investors will be keying on what are the changes to some macroeconomic assumptions. We already know that JPMorgan is going to increase their reserves, perhaps a little bit more than had been expected a couple of months ago. Due to both the growth and a little bit of a change in the assumptions, but again, I think that the biggest takeaway for the restrooms are what investors should focus on is the fact that these banks are extremely well positioned to take on any increase in provisions. The last two cycles we had were crises. We had the pandemic. We had the global financial crisis. We think that this is going to be a much more manageable sort of plain vanilla recession, if you will, perhaps, closer to the 2000s. A real quick Allison. Do I even bother if I want to get exposure to the investment banking business? Do I even bother with the European banks or did I just stick with the U.S. investment banks? So this will be an interesting year, although we've said this perhaps for the last several years, right? Because for the U.S. banks, really the advantage has been this virtual cycle since the global financial crisis. So they sort of got their problems behind them earlier. The economy, they had the benefit of a healthier economy. So that helped the revenue, which allowed them to invest more. And technology, as you know, has been sort of the key battleground for these companies. So they've been able to invest in technology and they've been reaping the rewards of those investments. And so it's been sort of a virtuous cycle. And Europe, I think, what's interesting is you do finally have now finally some lift in rates, so you could get some help. Obviously, there's still some economic concerns there. And so we'll see what lies ahead. We've had some other European competitors getting a bit stronger. So we think that the competitive landscape for the global investment banks will continue to be entrusted. Very diplomatic way of time. It's going to say, all right, Alison, thanks a lot. Boomerang intelligence senior banks analyst Alison Williams. All right, let's turn now to the FinTech space as names like Visa and Mastercard are expected to lead their peers this year thanks to revenue resilience and strong balance sheets Bloomberg intelligence, senior financial analyst, dick chaga joins us now to discuss so diction when I think about FinTech, it's obviously as a name implies confluence of financial services and technology. It's a relatively new part of the financial services space at least for me, how should investors view this space should we focus on the big names
Bloomberg Radio New York
"senior financial analyst" Discussed on Bloomberg Radio New York
"Research and data on some of the 2000 companies and 130 industries our analysts cover worldwide. Happy new year, Paul. Happy new year to you. Happy new year to all our listeners too. Today we're going to explore the life science sector and what's expected in 2023. Plus, what's in store for retail now that the holidays are over. But first you got recession fears are going to linger for global bank stocks. You got concerns about inflation, rising credit provisions, and only some economic weakness is yet factored into estimates and we get earnings coming out in just about a few days. So Bloomberg intelligence in your banks analyst Alison Williams joined this now. Okay, Allison, what are gonna be the key numbers that you're watching for when these big guys report? The key number continues to be lost revisions just in terms of framing how the banks are thinking about the year ahead. I think the key leading indicator, we think in general for the capital markets business, first quarter tends to be the strongest. And so fourth quarter, we know is pretty weak. It's not going to be that meaningful. The questions in terms of revenue are going to center around how the first quarter's going granted we're very early in the year. Is there potential to execute some of the banking fee pipelines? That was a big disappointment. Last year. And then what are we seeing in terms of loan growth? What are we seeing in terms of net interest income? That was a huge story last year. We expect some slowing in terms of the growth rate for net interest income. But we'll be watching again for loan growth, card, it tends to be seasonally strong order and we'll see if consumers were using their cards over the holidays. Yeah, you mentioned loan growth there. I know that some of the and it's not just in the mortgage market of the consumer market, but I remember Jamie Dimon saying over many quarters in the Bank of America folks saying the same thing that loan growth and loan demand really wasn't there over the last several quarters and maybe that was simply a function of the government was loading so many people so much money with all the stimulus. How do you expect that to look in 2023? So loan growth throughout really the pandemic was disappointing and it is exactly, as you said, attributed to the stimulus and credit card, which is one of the most profitable or the most profitable loan product for these banks was really the hardest hit. And so what the banks are looking for as we move into 2023 is for those loans to normalize. We did definitely see some improvement, especially on the commercial side of things last year. We saw in the third quarter, we actually saw some pullback, but that was strategic in terms of the banks. Keeping control of their balance sheet just so that they could make sure that their capital ratios were shored up in accordance with some higher requirements. So we saw a little bit of pullback in commercials that just study, we think of this quarter. Again, going back to credit as being, I think, the big wildcard for this year. Totally. And when you're dealing with credit for a consumer or you're looking at it from companies that they're lending to, what do you think we're going to hear about recession and default risk? Whether or not you're dealing with the consumer or other companies. I think we'll still hear that things are pretty healthy. Keep in mind that the worries are all forward looking. And even though recession fear is really weighed on the stock last year, it was a very strong year for credit. We do expect to see reserve building again, we talked about some of the growth when loans grow, you have to increase reserves. But I think that investors will be keying on what are the changes to some macroeconomic assumptions. We already know that JPMorgan is going to increase their reserves, perhaps a little bit more than had been expected a couple of months ago. Due to both the growth and a little bit of a change in the assumptions, but again, I think that the biggest takeaway for the restrooms are what investors should focus on is the fact that these banks are extremely well positioned to take on any increase in provisions. The last two cycles we had were crises. We had the pandemic. We had the global financial crisis. We think that this is going to be a much more manageable sort of plain vanilla recession, if you will, perhaps, closer to the 2000s. A real quick Allison. Do I even bother if I want to get exposure to the investment banking business? Do I even bother with the European banks or did I just stick with the U.S. investment banks? So this will be an interesting year, although we've said this perhaps for the last several years, right? Because for the U.S. banks, really the advantage has been this virtual cycle since the global financial crisis. So they sort of got their problems behind them earlier. The economy, they had the benefit of a healthier economy. So that helped the revenue, which allowed them to invest more. And technology, as you know, has been sort of the key battleground for these companies. So they've been able to invest in technology and they've been reaping the rewards of those investments. And so it's been sort of a virtuous cycle. And Europe, I think, what's interesting is you do finally have now finally some lift in rates, so you could get some help. Obviously, there's still some economic concerns there. And so we'll see what lies ahead. We have had some other European competitors getting a bit stronger. So we think that the competitive landscape for the global investment banks will continue to be entrusted. Very diplomatic way of time marker is basically going to say, all right, Allison, thanks a lot. Boom, we're going to tell you just in your banks analyst Alison Williams. All right, let's turn now to the FinTech space as names like Visa and Mastercard are expected to lead their peers this year thanks to revenue resilience and strong balance sheets Bloomberg intelligence senior financial analyst dick sharra joins us now to discuss so diction when I think about FinTech, it's obviously as a name implies a confluence of financial services and technology. It's a relatively new part of the financial services space at least for me. How should investors view this space? We focus on the big
Bloomberg Radio New York
"senior financial analyst" Discussed on Bloomberg Radio New York
"Hear policymakers try and reiterate what represented Brad Sherman likes to say and I'm paraphrasing here, but essentially let crypto burn. So if you hear some of the progressive lawmakers begin to echo those statements, that's really bad thing going in the 2023 because it could dent a lot of the momentum for providing regulatory clarity going forward. Nathan, I got to ask a question and I'll first say, I'm not like some kind of QAnon 4chan conspiracy theorist, okay? Okay. But the timing to me seems just questionable that Sam bankman freed is arrested hours before he testifies in front of Congress, are you hearing anyone else ask this question, why now? Why in this moment? Absolutely. I mean, the chairwoman Maxine waters even said that this morning she just said it was really unfortunate that we weren't going to hear directly form Sam bankman fried and there is some draft of his testimony that is going around and if that was the actual draft, there was a lot of information that he was going to put out there. Unfortunately, from the policymaker standpoint, they're not going to be able to talk to Sam bankman fried and so forth like that. But you are going to hear about a lot of the bad actions or at least the alleged actions and so forth from John ray in today's hearing. And it will be very interesting to see if policymakers really group on like custody or customer protection or securities because the Democrats want to do something in response to this. The Republicans want to do something, but that's something is completely different and part of them don't even know what that's something is. So it's just the first stage of a long process that Congress has to get through. And we're going to have to go through this again tomorrow when the Senate banking committee has their own hearing on this. Hey, Mike, what is, I guess, this, I guess, to me, it just feels like a new phase and it's a phase in the development of crypto, which is regulatory oversight regulatory attention. I mean, if that's in fact what we're seeing, what does that mean? What are you hearing from some investors as it relates to crypto? Well, the retail are getting hurt because a lot of them are losing money, unfortunately, people who had investments with some of these firms are through some of these firms. But from a regulatory institution standpoint, this is what is clearly needed. And I think nation will be able to expand on that. And this space is just needed to be decentralized and it just realized we need some good supervision here because there are bad actors and we found out some of the bad actors are just going under and taking people's money. So that regulation, I think, is this going to look back at is this is part of that paradigm shift that's going to flip over to. Okay, you know what the space arena? What south is from our ETF team? Eric belt Tunis and James seaford is an ETF. ETF, you don't have to worry about your counterparty. Typically. So to me, that's one thing that will make a difference. It should accelerate that process. And not just need TF tracking Bitcoin trapping in index of cryptos like we do most equities and bonds. Katie, what Katie greifeld is not only a cross asset reporter, she's also what is your new title? I heard yesterday on the radio senior financial analyst or something. Definitely not a financial advice. But she is the co host of ETF IQ on Bloomberg. Who's the other co host? Well, me. It's Matt Miller. Is there every single week? I mean, I've spoken to a lot of people with that view that a lot of this pain that you're seeing among retail investors right now would have been avoided if the ETF wrapper had been made available from the gecko, but at this moment in time has a spot Bitcoin ETF ever felt farther away. I think it's been pushed so far down the priority list, gensler is definitely taking a victory lap here. So I also want to point out that I'll take issue with the statement that regulation is needed just from the total libertarian OG Bitcoin point of view. If you don't share your private key with anybody else, if you hold your own assets, this is a trustless asset. So there's no need for that kind of regulation. Let's your letting Sam bankman freed hold your stuff. Like, dude, hold my stuff, you know? Don't spend it. That's what the Bitcoin maximalists are saying. They feel vindicated here. It's all of this Frankenstein industry that was built on top of what's supposed to be, you know, people just holding Bitcoin in their cold wall. But those people are dinosaurs and cavemen. And Nathan, I mean, you wrote in a research note, I think, I don't know, yesterday a day before, that even though firms like coinbase and genesis binance, et cetera, would face tens of millions of dollars in compliance costs. They would still welcome some kind of regulation. Absolutely. I mean, any time you have this type of new regulations come out and this is in crypto, I mean, we saw this with Dodd Frank, but it does is it allows the big market players, the folks that have the compliance spend, the technology spent to actually gain market share and it pushes out the mom and pops of the world. And when you talk about all the legislative solutions that are being thrown out there right now, it really is geared towards institutional. I mean, you go back to the retail argument or the discussion we were just having, if any of the bills that were to come up in 2022 passed, it would have helped coinbase and FTX and binance and even like BlackRock and fidelity, it would not have helped the mom and pops the web
KIRO Radio 97.3 FM
"senior financial analyst" Discussed on KIRO Radio 97.3 FM
"Next inflation report is tomorrow. Always fascinating reading, but your big concern is about these Persistent shortages of items like cars. Yeah, I mean, I just think it's going to be tough to catch up and and if you think about, um why this is all happening? You know, we have shipping containers that are in the wrong places. It's very expensive that there's a lot of problems in the global shipping network. But Obviously, if you're a big manufacturer of semiconductor chips, and it's the spring of 2020, you say, Where am I going to focus my limited capacity? I'm going to focus it on home electronic gaming systems. That's what people are going to need. No one was thinking about cars, so we are playing catch up to the car market. There's not enough semiconductor chips necessary and as a result, we are seeing the like the lowest level of inventory for cars that people have seen in Ages before the pandemic. We've had three million new cars for sale in the United States. Now we're under a million, and that is putting price price pressure on both the a new car market and the used car market. It's still going to be with us. It is still hard to find a car. That's why the dealership wants my old car back, isn't it? Yeah, sure is. And it's also funny because you know, I had this, uh Come up with my mom. Her car was coming off lease and I looked at the least contract. And don't you know that there is a pre calculated price for your to buy a car out of least now the people who like leasing, they don't like to buy cars, so they very rarely will exercise that that one option. I said to my mother, can you let's buy the car? It's cheaper than any car you could buy right now. And let's just say you still you want to be really cute. You could buy the car and sell it yourself for more than that price, Probably Uh, wouldn't this be the ideal time to start on shoring some of the chip business that we offshore years ago? Yeah, it would be, but it's not like the snap of a finger. It's not like saying Oh, you know what? I think that I got it. I'm going to move this today. You know, this process actually started to some extent when we had trade conflicts during the Trump administration Now, by the way out of those Tariffs are still in place. Right? So, um, there have been moves to have companies try to near shore or on shore some of the production capabilities, but it's not as if you can just say poof. That happens and we have labor shortages here and there are no labor shortages across the globe. They're really labor shortages that are persistent in the United States. And so I think that we have to be a little bit sensitive to the fact that it's not as easy to turn that whole network on okay, not to deliberately depressed people on a Monday, But let's talk about the federal budget for just a moment. I saw that shit. Oh, good. I'm glad you have an optimistic attitude with it. I saw the Treasury report that was released last week. Which says that the richest 5% evade and that's the word they used. Evade, not just avoid evade $307 billion a year in taxes. And, of course, they're trying to support the hiring of more IRS auditors, which Biden is trying to do. So do you? I mean, first of all, do you agree with the idea of hiring more IRS auditors? Yeah, they've been gutted. I mean, absolutely. And I think we should. This is not like, Oh, we're going to go audit people who are not cheating the system. It's like people are just not paying their taxes. We should really get that money back. I mean, these are people who generally don't get w twos, right? If you get w two is reported to the government, so you're not going to be able to evade tax right? Right? Exactly right, And I do think that it's important that we Have a really like honest to. Gosh, when you think about this that you know if everyone's paying taxes, we should all want this. I think that there's this weird notion where you say, Oh, you know, I just don't want more auditors because they'll come audit me. It's probably not going to be the case. The biggest leakage in the in the system is among Those who are self employed and small businesses that kind of shuck and jive the system, and you know what? It's not fair, so we'd like rich people to pay their taxes. We'd like companies to pay their taxes, and we want everyone to just pay their fair share. That's it. We're not going and creating new taxes. We just want people to pay what they are. CBS senior financial analyst Messenger. Thanks, Jill. Great to be with you, 8 41 and Chris is back with traffic. Me, but also you the peril Fast forward, his favorite born film, Powdered doughnut..
KIRO Radio 97.3 FM
"senior financial analyst" Discussed on KIRO Radio 97.3 FM
"Now we're under a million, and that is putting price price pressure on both the a new car market and the used car market. It's still going to be with us. It is still hard to find a car. That's why the dealership wants my old car back, isn't it? Yeah, sure is, And it's also funny because You know, I had this, uh, come up with my mom. Her car is coming off lease and I looked at the least contract. And don't you know that there is a pre calculated price for your to buy a car out of lease Now, the people who like leasing, they don't like to buy cars, so they very rarely will exercise that that one option. I said to my mother, can you let's buy the car? It's cheaper than any car you could buy right now. And let's just say you still you want to be really cute. You could buy the car and sell it yourself for more than that price, Probably Uh, wouldn't this be the ideal time to start on shoring some of the chip business that we offshore years ago? Yeah, it would be, but it's not like the snap of a finger. It's not like saying Oh, you know what? I think that I got it. I'm going to move this today. You know, this process actually started to some extent, Um, when we had trade conflicts during the Trump administration now, by the way out of those Tariffs are still in place. Right? So, um, there have been moves to have companies try to near shore or on shore some of the production capabilities, but it's not as if you can just say poof. That happens and we have labor shortages here and there are no labor shortages across the globe. They're really labor shortages that are persistent in the United States. And so I think that we have to be a little bit sensitive to the fact that it's not as easy to turn that home network on okay, not to deliberately depressed people on a Monday, But let's talk about the federal budget for just a moment. I saw that shit. Oh, good. I'm glad you have an optimistic attitude with it. I saw the Treasury report that was released last week. Which says that the richest 5% evade and that's the word they used. Evade, not just avoid evade $307 billion a year in taxes. And, of course, they're trying to support the hiring of more IRS auditors, which Biden is trying to do. So do you? I mean, first of all, do you agree with the idea of hiring more IRS auditors? Yeah, they've been gutted. I mean, absolutely. And I think we should. This is not like, Oh, we're going to go audit people who are not cheating the system. It's like people are just not paying their taxes. We should really get that money back. I mean, these are people who generally don't get w twos, right if you got W to report to the government, so you're not going to be able to evade tax right? Right? Exactly right, And I do think that it's important that we Have a really like honest to. Gosh, when you think about this that you know if everyone's paying taxes, we should all want this. I think that there's this weird notion where you say Oh, you know, I just don't want more auditors because they'll come audit me. It's probably not going to be the case. The biggest leakage in the in the system is among those who are self employed and small businesses that kind of shuck and jive the system and you know what? It's not fair. So we'd like rich people to pay their taxes. We'd like companies to pay their taxes, and we want everyone to just pay their fair share. That's it. We're not going and creating new taxes. We just want people to pay what they owe any progress in taxing. Bitcoin investors. Well, no, I mean, I would say this were there big. We have a very big problem, actually, not just taxing the Bitcoin people. But regulating and that to me, the regulatory environment for Bitcoin really needs to come into focus. It hasn't yet Gary Gensler, who is the head of the SEC is trying to do so. But I just think it's going to be. It's going to be awfully hard to get this going and I'm not encouraged right now, because I think that often what will happen is that these folks who are regulating it, they don't understand it, and that's not good. Uh, And also did you see that Ethan Allen had to change its ticker symbol Th because people thought that it was actually ethereum this Cryptocurrency It's insanity. And I will say that I have come around to sort of embrace the fact that crypto and the backbone of crypto is actually very interesting. But we do you know you can't have the Wild West. You do need regulation for this. And for people who fight regulation, I usually think. Well, why are you fighting that so hard? Doesn't seem to me that like if you're fighting regulation of that kind of stuff. Yeah, probably have something to hide. And it's not unlike the you know the previous conversation around taxes, which is if you have nothing to hide, you shouldn't really worry, and I know it's not pleasant going through an audit, but and it's not pleasant to feel like you have to be regulated as an industry. But there are plenty of industries that are regulated and they thrive. Let's just look at financial services in general. CBS senior financial analyst Messenger. Thanks, Jill. Great to be with you. 6 22. Seattle's morning news traffic.
KOMO
"senior financial analyst" Discussed on KOMO
"Men have a right to equal justice under law. And April opportunity to share in the common Good. Truman's ups and downs chronicled among the artifacts, a safety blood from one of the atom bombs and the sign on Truman's desk reading the buck stops here. Chuck Sivertsen ABC News Come on news time. 5 20. Time to get to our propel insurance Money update. Are you getting a rental car this fourth of July weekend? It's costing a lot more than it has before. Rental car prices this weekend are at record highs is still supply and demand is playing a role. So many people want to travel and rental car companies sold off so many cars during the pandemic Prices have been extremely high. The booking site Kayak says rental car prices are 300% higher this weekend in 2019 in some places. In Hawaii. Anchorage, Alaska and Jackson Hole, Wyoming. They have soared up to 436 bucks per day for an average car rental. Alex Stone ABC near we mentioned a few moments ago, the government's June employment report is due out this morning. We get more details from ABC stereo Aldinger. The job market is continuing to heal can think back about a year ago when we had a double digit unemployment right now we have an unemployment rate that has been below 6% for the U. S as a whole. Bankrate Senior financial analyst Mark Hamrick says that Would be reflected in the Labor Department's June employment report expectation here as that the official unemployment rate will slip a bit from May's 5.8% reading, perhaps down to 5.6% expect segments that were hit hardest during the pandemic, especially hospitality to see the most growth. Daria Albano ABC NEWS Wall Street, Dow futures down only about six points S and P up. Four. NASDAQ futures up 55 I'll get back to Kira and check traffic and weather. Next. Come on news time. 5 21.
WHAS 840 AM
"senior financial analyst" Discussed on WHAS 840 AM
"J s. Our top story takes us to a convicted killer who got a pardon from former Governor Bevan. Is going to remain in jail pending trial on federal murder charges. A judge ruling last month Patrick Baker could be placed on home incarceration are waiting for trial. But yesterday a federal judge revoked that order, citing new evidence that Baker regularly used drugs when he was previously on house arrest pending his state trial. Baker was convicted of killing Donald Mills during the 2014 home invasion. Knox County, his attorney, said DNA and eyewitness evidence didn't match after Bevin issued the controversial pardon towards the end of his term. In 2019. Federal prosecutors reviewed the case. Critics of the pardon pointed the fact in 2018. Haven't attended a political fundraiser. Baker's home that raised more than 20, Grand Baker's attorney says it wasn't a politically motivated pardon. The federal investigators called the claims by bakers attorneys about the evidence ignorant. He was then arrested again by U. S marshals have taken to the Laurel County Jail. He is now facing a federal murder charge that could carry the death penalty. However, he is very unlikely to get that as the news coming out yesterday that Attorney General Merrick Garland has suspended the federal death penalty. Baker had not been paroled. He would have been behind bars until July of 2027. At least that's when he would have been up for parole. We're back in Louisville now where local firefighters will have an easier time battling flames thanks to a new cooperative agreement. Louisville Mayor Greg Fischer signed the automatic aid agreement, also known as the plus one. Closest unit response marks a new era for the Louisville Fire Department, The Shively Fire Department in all 10 Jefferson County Fire departments. The agreement states the closes Fire Department to an emergency. You will be called to respond regardless of jurisdiction borders. The agreement stems from a 2019 fire the Saint Matthew Strip Mall, which the closest department Saint Matthews was unable to respond because the incident was technically outside of its jurisdiction. The government's June employment report is due out today. ABC story All being ER has what one expert thinks we'll be seeing the job market is continuing to heal. Think back about a year ago, when we had a double digit unemployment rate. Now we have an unemployment rate that has been below 6% for the U. S as a whole. Bankrate senior financial analyst Mark Hamrick says. That could be reflected in the Labor Department's June employment report expectation here as that the official unemployment rate will slip a bit from May's five 0.8% reading, perhaps down to 5.6%. Hamrick expects segments that were hit hardest during the pandemic, especially hospitality to see the most growth. Daria Aldinger ABC News, the conservative majority on the Supreme Court, upholding too restrictive Arizona voting laws that overturned a lower court ruling 63 that came as a surprise. That's because the new majority is not always voted conservative. This could lead to a stronger push from Democrats for Justice Breyer to step down. A B C's Washington correspondent is Devin Dire. All eyes, of course, are on Justice Stephen Breyer. He's the oldest member of the bench at 82 years old, also the senior liberal member of the court, he's faced extraordinary pressure of late to step down to give President Biden Chance to appoint someone with Senate Democrats who share his ideology. Republicans, of course, vowing to block some of those pics. But tonight no indication he's about to do that We have our eyes on him could happen any time in the days ahead and we are going to end in Fukushima, Japan, where wild boar pig hybrids are roaming the region around the devastated nuclear power plant there. Study published this week. Reports. A new radioactive swine hybrid was created when wild boars in the evacuated area around the plant bread with domestic pigs that escaped from farms after the 2011 disaster. That nuclear power plant was heavily damaged in a massive earthquake that set off a tsunami. Your next news update is pretty sure this is how Godzilla started. It comes at seven. I'm Will Clark news radio. A 40 w H A s. That is such a rude reference. What? Such a rude know which what I mean Godzilla Because Godzilla was Why couldn't be SAS squad? Because do you not remember the beginning of Godzilla? That was a radioactive lizard. Now we've got radioactive pigs. Well, apparently you can eat these things. Okay, well, you go ahead and try that. Let me know how it turns out for you, Uh, the wild boar er in Fukushima are still relatively contaminated and can range from his No detection of radio New Clyde to 30,000. The quarrel per kilogram. Whatever that is. It's I'm sure it's some sort of technical term that we need not worry ourselves with, uh, let's see a previous study co authored, uh, by This the same scientists, uh, Dr Anderson has indicated that the radiation exposure has no harmful effects on the boards. Genetics. I'm sure that the board would probably disagree with that assessment. You know, Here's the question. We all need to ask. How does a wild boar Get on an island nation like that. You know, there's a reason if you go to Hawaii. They have chickens. Which I believe at least the legend has it that they were brought over. By, uh people from Portugal and and otherwise they wouldn't have them. And that's why do you have these? Well, apparently deep restrictions. Yes, This is what you can bring in and over, Including other states, you know? Yeah. They're very Particular like it's you have to go through an agriculture check to get out of the state. There's certain things they don't want that are on Hawaii that it would be bad on the mainland, ER any other country. Out and then you have they check your stuff coming in, and they're very proud of the fact they they will openly tell you that they only have one snake in Hawaii. It's the size of an earthworm in its blind. Really? Yeah. You mean one type? That's like one type. That's native. Yeah, like there's no, because apparently all of the cargo ships because that's really the only way it would get there. And unless there was a snake on the plane, but there's a reference. I'm not prepared to deal with right now. But it's Because you don't know well, because it was a stupid movie. I didn't watch it. Um, but if it was a snake on a boat than they make sure to eradicate, said Snake because they They got a good thing going out there and they don't want to blow it. You know, every now and then will you read off a story like that? That makes me want to go to Google and dive a little deeper. And just reading the first paragraph from the register? Uh huh. They ended the first paragraph with scientists have uncovered a new threat to humanity. Indestructible radioactive hybrid terror pigs. Oh, good Lord. Hybrid terror pigs. I like that description. Far better. Which, uh, Which publication? Is this? The register? They're on your side is that from the United Kingdom? It's a dot com and it's not a dot You know the register dot.
BiggerPockets Money Podcast
"senior financial analyst" Discussed on BiggerPockets Money Podcast
"Dreams and if you ask me i believe giving back and giving the abundance and go back and help other people. That's the magic sauce to doing. Well yeah i love it. I think it's what you're doing is is all out and especially at first. You were in complete command. You're spending still in commander you're spending. I'm sure you just have more income so you can. You can lighten up a little bit. it's out. I bet on the spending side but you can complete command. You're spending you built. Your financial foundation got got the basics right with that. And then i think what's interesting is you would not be able to achieve that vision in the time line that you wanted as a teacher and i don't mean that as bash or anything like that i just. I had a similar thought when i was at my old career like. Hey if i continue this. I'll be a financial analyst to and then a senior financial analyst and then finance manager and my vision will not be realized under that track. And so do you have any comments on that like. Hey i'm i'm listening. I'm inspired by. What tiffany just said. And i want to go after that big vision but like obviously my current career track is not going to support that i have i would have to make a pivot and take all the risks and the all out intensity and obsession for one decade or so in order to begin getting on the the route that you're on how do you. How does one begin that mental process. Because that was that was really difficult for me. Six seven years ago. I say this that one don't despise humble beginnings. There's there is. Nobody needs to without preschool teacher. Tiffany to just. Isn't i learned to teach in that clash. There's nothing harder than getting a three year old to understand what you mean. How you mean in in for them to to learn a thing because you can be like. Hey we're gonna learn the color red today. Read like an apple. And you're gonna get a three-year-old that might say what's an apple like wait. What so now teach you. An apple is a fruitful. What's a fruit and goodness now before we can even get to the colorado. We have to go back back back back back so one. Just know that where you are is preparing you for where you want to be to not despise humble beginnings because i suspect wherever it is you're going you can't get there without the lessons that you're currently learning where you are and that's one the to farm your skillset at the end of the day. I'm still a teacher. Like i don't people someone told me the other day. Tiffany wow you're like what does he say you've got the golden touch everything you touch turns to gold. I'm like here's my secret. I only touch gold. I don't have the golden touch. I stay in my lame. All i do is teach. I teach through podcasts. I teach through on my online school. The literature academy. I teach to going live on social media. I teach through books like geico with money..
KOMO
"senior financial analyst" Discussed on KOMO
"Millennials more likely to have more credit card debt than emergency savings More so Than any other generations on Guim in in a situation where compared to men, they're more likely to have credit card debt exceeds an emergency savings and also more likely to prioritize paying down that debt relative the building up savings, you know that there are still a lot of Eyes to dot and peace to cross When it comes to getting those savings accounts built up. A lot of people still don't have them. Absolutely. And you know, the thing about it is the credit card debt can appear suddenly when you have an unplanned expense or joblessness or medical event on yet the savings takes a long time to build up. And yet it's kind of the opposite, where it takes a long time to pay down the credit card debt, but that emergency savings can get wiped out very quickly. A lot of people found that out in 2000 and 20, and this year and next year is going to be all about building that backup on bright sizing that financial equation again quite a disparity when it comes to gender with regard to savings versus a paying down the debt. Yeah. I mean, it's you know, I guess you know what the old saying, you know, Matter from Mars, Women are from Venus or whatever you know men more likely to have war savings and credit card debt more likely to be prioritizing building up that savings relative of paying down credit card debt. And when we saw the exact opposite with women, and you know again, I think of that. Is a reflection of the fact that we have seen unemployment and income disruptions affecting women more so than men during this recession, all right, interesting stuff. And that's the dude bankrate dot com Study just came out yesterday. Thanks for breaking it down for us, Greg that is baker dot com. Senior financial analysts are chief financial Evans, Greg McBride. Come on who's timed out 9 20 Man. It's time as we do a 2050 past each hour to check the propel insurance business update. Microsoft reportedly made overtures.
Taking Her Lead
"senior financial analyst" Discussed on Taking Her Lead
"You either. Accept it. And say i'm ok to continue in whatever the status quo is for. You say i'm not okay to continue in this. I don't feel about it so i'm either going to stay. And try to enact positive change. Or it's not worth my time and i'm gonna cut my losses and move on the other thing that i feel like has really never steered me wrong insult. God i think at at a certain point you kind of start to know deep down which is the right way to go hello listeners. This is taking her lead. I am joshua everett mayor. And i'm janine accounts alonzo here. We strive to give women a platform to tell their stories and explain how they lead these conversations. Give us unique insights into the impact. Women in leadership can make transforming the way we work and live. Today's interviews with adrian rapidly. She is currently a senior financial analyst for home for word and the principal economist for emerald economics. I was so intrigued about her description of her upbringing in the impact on her decisions about her future. I loved the tradition of robust conversation during family. Dinners as a way to really help. People hone who they wanna be and their interests and the subtle yet taken for granted idea that of course she would be going to college where the two big influences that put her on her career trajectory. Yeah injury and told the ups and downs of her story and for that. I'm really grateful. It's not always easy to do. very important. Having faced adversity as a woman has given her not a small amount of wisdom about the greater environment. That women face and navigate. She's doing excellent work bringing analysis and strategy to organizations that serve disenfranchised without further ado. Please enjoy our guest. Adrian rally on taking her lead. Hey we are so excited to have you here and we can't wait to hear about your journey into leadership and welcome. Thanks janine. i'm excited to be a part of the podcast talked Just keep your laughter to. That was a great talked initially couple months back. And you had a lot of really insightful things to say about your journey so yes. We're really looking forward to hearing the full story here. And so janine. Would you like to ask our first prompt so adrian to get started. We're really interested in your current position. And how you arrived in that position a little bit. So could you tell us what you do shirt. My fulltime job right now is working as a senior financial analyst for home forward. Homeward is the housing authority for multnomah county. Which is in oregon. It includes portland. Which is a big city and home forward focuses on sheltering individuals who encounter barriers to housing usually low income households or households who maybe have someone with a disability or a special need I also have a little side hustle. That i started about a year ago. It's called emerald economics and had it's just a little consulting work. I'm trying to get up and running on the side so that that is really focused. On during statistical analysis providing impartial research and data analysis really focused on impact analysis for maybe nonprofit work or government policy. And so that's kind of scratching my my creative ritual. They more see where that would be really beneficial for not for profits Looking at Data and really understanding in crunching their numbers and more thoughtful ways. That what you're providing for them. Yeah you know something that has been missing a lot. In nonprofit work is people will will implement a program that's meant to Improve the livelihood of individuals. Or maybe you know make them more self sufficient or left out of poverty and donors and nonprofits and governments can dump hundreds of thousands of dollars into these programs and oftentimes. There is really no no research. That's done on outcomes. There might be kind of narrative sir. Told they might grab some stories of participants who who can provide sort of anecdotal evidence of what their experience was but really really getting into the data providing some really robust statistical analysis than an isolating the impact of of that one program on outcomes is is what i'm particularly interested in so an example. Might be if we're trying to make a difference in the income of households. We could say well. We're going to enroll you in this program that provides vocational training and and then at the end of that program. We want to measure how much your income has increased while you could say. This individual was making thirty thousand dollars a year when they enter the program and then forty thousand dollars a year when they exited the program and while that might be true. You can't necessarily say that. That ten thousand dollars increased was fully due to their participation in the program. There may have been something along the way such as a minimum wage increase or were some other policy change that that impacted their wage so kind of pulling up stuff apart and really isolating. The the influence of that program on on the desired outcome. This is what i'm focused on. That can be really powerful many mid sized and even smaller nonprofits. Just don't have the money to bring in that kind of expertise in as far as like a fulltime personnel. Yes and that's really important when you're doggedly working to make a difference and you're looking more anecdotally and more sort of gut feeling on what the impact is and not having the data. Yeah yeah. I definitely agree If we wanna make a positive impact on this world which i certainly do. I wanna leave this world a better place. I think we really need data to back up our decisions and make sure we're moving in the right direction. Rates is awesome. Do you want to talk a little bit. I mean that's just so cool. We can talk thing. Yeah i mean. I have my graduate level certification in nonprofit management so. You're singing my song. We'd love to hear much more about your journey. Getting to where you're at sure. Well then fine. It's a learning process. You know there have certainly.