27 Burst results for "Senior Portfolio Manager"

"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:08 min | 5 months ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"Special report. Brian Shaw. And I'm Charlie Pellet nap Bloomberg World Headquarters. Ah, losing day on Wall Street has investors weighed the implications of President Trump's positive test for the Corona virus. Mohammed Al Arian is chief economic advisor Italians. He's also a Bloomberg opinion called Illness What we saw in the United Kingdom. When Prime Minister Johnson got it is, people suddenly realized they were vulnerable. If the prime minister can get it, I can get it and that made human counterparty risk more than issue and we know that that has implications for the economy. Raising questions about confidence and public perceptions off the virus. Jeffery Rosenberg is senior portfolio manager of Black Rock financial. It's really going to be how aggressive and necessary will any policy response in terms of shutdowns, constraints on the economy B and that's really weighing on here their financial markets. It's pushing up expectations for perhaps a fiscal policy response that we know is Is kind of stuck in Congress. Perhaps that increases in its likelihood jobs Friday. America's labor market recovery moderated in September, with employers adding half of many jobs in August. 661,000 job cuts continue with airlines and other businesses, dismissing thousands of workers just this week. Constants Hunters, chief economist of KPMG, We can see that the most impacted industry is still leisure and hospitality for 3.8 million jobs below the pre recessionary levels, and we just expected to be very, very slow going there because people are concerned about going out when I called Sogo fear going out as opposed to foam Oh, you're missing out. It's really dominating the economy sewing up week for stocks down Friday with the S and P falling 32 points down 1%. The Dow down 5/10 of 1%. NASDAQ Down 2.2% Globally Use 24 hours a day on air and on Bloomberg Quick, Take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Palace. This is Bloomberg. You're listening to Bloomberg,.

Bloomberg Bloomberg World Mohammed Al Arian Bloomberg Quick prime minister Charlie Palace Brian Shaw President Trump chief economist Jeffery Rosenberg United Kingdom KPMG senior portfolio manager Congress advisor Johnson America
"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 5 months ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"I'm Brian showed And I'm Charlie Pellet nap Bloomberg World Headquarters. Ah, losing day on Wall Street has investors weighed the implications of President Trump's positive test for the Corona virus. Mohammed Al Arian is chief economic advisor of aliens. He's also a Bloomberg opinion called Illness What we saw in the United Kingdom. When Prime Minister Johnson got it is, people suddenly realized they were vulnerable. If the prime minister can get I can get it and that made Human County Party risk Mohr than issue and we know that that has implications for the economy. Raising questions about confidence and public perceptions off the virus. Jeffery Rosenberg is senior portfolio manager of Black Rock financial. It's really going to be how aggressive and necessary will any policy response in terms of shutdowns, constraints on the economy B and that's really weighing on here their financial markets. It's pushing up expectations for perhaps a fiscal policy response that we know is It's kind of stuck in Congress, perhaps that increases in its likelihood jobs Friday. America's labor market recovery moderated in September, with employers adding half of many jobs in August. 661,000 job cuts continue with airlines and other businesses, dismissing thousands of workers just this week. Constants. Hunter is chief economist of KPMG. We can see that the most impacted industry is still leisure and hospitality for 3.8 million jobs below the pre recessionary levels, and we just expected to be very, very slow going there because people are concerned about going out when I called Sogo fear going out as opposed to foam Oh, you're missing out is really dominating the economy sewing up week for stocks down Friday with the S and P falling 32 points down 1%. The Dow down 5/10 of 1%. NASDAQ Down 2.2% Globally Use 24 hours a day on air and on Bloomberg Quick take power by more than 2700 journalists and analysts and more than 120 countries. I'm Charlie Palace. This is Bloomberg Berg. Long, complicated international law.

Mohammed Al Arian prime minister Bloomberg World Bloomberg Berg Bloomberg President Trump Charlie Palace Jeffery Rosenberg Brian chief economist United Kingdom senior portfolio manager KPMG Congress Mohr advisor Human County Johnson
China to inject billions in liquidity on Monday as markets reopen

BTV Simulcast

03:03 min | 1 year ago

China to inject billions in liquidity on Monday as markets reopen

"With Chinese market regulators have unveiled a sea of measures to ensure stability in its forty five trillion dollar financial system the markets reopen on Monday following an extended lunar new year break it's got to on gas not rough I looked on the head of capital markets and senior portfolio manager I Gulf investment corporation who joins us on the Skype from Kuwait soul family here we go with C. S. C. instead he measures in total coming from the PD see from the regulators does that give you some sense of confidence that tonight tomorrow morning when we open that sort of that the Chinese are bottle ready to support these markets good morning my nose and all of DC's a leg a good a good that statement from the view of the sea and that and that and the China Chinese government I think that they are going to do their best to do and good with these out correct which of using the he's gonna have a big effect on on Chinese economy and and more generally on global economy we E. soul on Fridays eight PM my already going down the back school at fifty ad which is a sign that the economy was already struggling even before the outbreak and add that in there for we need that it is being exported from today Chinese authority in order to support to the economy and they yeah but and your room to do that so at the moment that I I am I think that we should be speeded up complete and eating not in some kind of the Serbian section of the situation I mean run fairly you can try and pump as much liquidity as you want into the Chinese financial system it's not going to get apple to re opened its doors so I'm gonna get Qatar Airways to resume flights to China or the United States for that matter isn't it time now it to perhaps thanks to ray in a muscle prolongs meaningful slowdowns although a lot of these key economic base and as a result go a lot more defensive in your portfolio I absolutely agree with you use that for a number of reasons first of all at the impact on that the Chinese economy is going to be a much bigger than what the re soul with the previous event may not find two thousand and three with the stars and the economy at that time mama and was much is more than now and that day every option from the government that was a less severe we are talking about and keep these women are so people already closed at a TV the at least there stop would be that for birdie and then nine so we lost in two thousand and three days but on the China economy was around one percent of GDP I think at this time that we can expect the something bigger

IPOs gone wild?

CNBC's Fast Money

09:22 min | 1 year ago

IPOs gone wild?

"But we begin right here with what some are starting to worry could be. IPO's gone wild check out the monster move in some of these recently. Public Dame's beyond me. Smile Direct Uber up double digits. This year in fact smile smile direct up. Thirty four percent Uber. Seventeen beyond meet up fifty five and we're only nine trading days into twenty twenty. Many of these names are still to well off their Alzheimer. IPO highs so as the recent rally too far too fast so which guy dom of those names. If you had to pick one of those names names that we showed would you say this is the worst and most egregious example of momentum gone amok I mean the most egregious except those names momentum Menem gone amok beyond me is fascinating to me. I mean the stock went from seventy five seemingly the current levels in a straight line. But it's also often at two hundred forty dollar level that we saw. I don't know back in July so I don't know if it's necessarily runamuck to your point. There's still well off the highs. I think the bigger picture or sort of the broader theme here is. We spent a lot of time talking talking about. We work a few months ago and it's not particularly interesting but I think one of the many unintended consequences of central banks specifically are fed. Is they've made people people lazy. They made investors lazy. And what do you need to know. Well Softbank was supposed to be the greatest investors on the planet. They invested we work at a forty seven and a half billion billion dollar valuation and that's now eighty percent less if that were publicly traded company. We talk about it every day now seems to be happening in publicly traded companies. Yes I think. That's a reason for concern. I don't think it's necessarily the red flag but it's one of many red flags. Well I agree on the Fed analog and if you think think about where we were a year ago we were actually pricing in if you looked at the forward curve three fed hikes and continue unwinding the Fed balance sheet. Well we did exactly the opposite and twenty nine thousand nine. We got three cuts and essentially by the end of the year added four hundred billion dollars to the Fed balance sheet that to me is is essentially what guys talking about. This is the manifestation of that I don't think every one of these companies can be painted with that brush and if I had to take one of those companies that I actually think is kind of interesting. I think it's Lufkin. And I think it is based upon obviously asleep. They are the opportunity to be starbucks in China. You probably know this metaphor We talked about this last week. Karen remember they did a convert issuance in the stock. Got Killed after that and some of the biggest hedge funds in the world are in this name so you WanNa be buying essentially there convert except for the fact that I do think these guys are taking market share and I do think they are competing locally gross story I like I I think Karen the point of this exercise is that maybe all these names are great now. They were ignored many of them or sold at their IPO. So something reading either. Fundamentally has changed with the story in the past three weeks or this is just all goes and hedge funds and frequency traders riding the tape tape until they can't anymore. I think that is the main thing driving one thing. Most of these talks about all of them have in common is big short interest right so that starts a sort of a virtuous or vicious cycle depending on. If you're long or short of of buying so you look at like beyond me. twenty-five percent smile direct which to me is the most volatile bill fifty-six percent short interests. So I need to apologize to you because the last time we talked about small director suggested you might benefit from the product and I got a lot. uh-huh nasty twitter's said back then. I grew up in northern westchester nuts. Southern Westchester like you. We didn't have the funds four orthodontists. And you were making fun of me. I have feelings too I just wanted but that's okay. I'M GONNA start back in a couple of things about smile. Yes it's been on a tear for the last week. They've had some really good news with Walmart and now and now wholesale two orthodontist. That's actually big news but ever this stock was twenty. The I don't know four or five. And now it's eleven seventy something after a huge run so I mean some of these are just gaining share gaining priced back point. They had news smile direct. PK had some news. This they're going to sell through orthodontist which by the way was their entire on model. I mean the whole model was don't sell now. We're like at least they had news. Many of these other names are just trading on New Zealand's. It's the short interest in my view. It's the short interest that run out that we're running out and dry everyone covers. I think you take this list of stocks and put it up there and say when the market starts to turn over these are the ones who either want to short or you want to sell smile direct being number one on the club. I mean well primarily you think about dentistry and cosmetic dentistry. That is the first thing you're going to cut out if for some reason there's a recession or your pay checks cut or you're not making the kind of money that used to make the first thing to do is cut out your cosmetic dentistry whether you need it or not. So that's it's number one on my list too short not doing it now. Because of the fifty six percent short interest this thing could still keep get blown. You can still get ten. Would you agree. This is is not the time if you're thinking I don't like beyond meat unlike smile direct. I don't like luck and this is not the time to short these names. Well I think you can have a plan and you can certainly take a Exposure on in the option market. I think you can measure your risk and I think if the valuation is is absurd. I think you you. You don't necessarily need to put it on today that you can leg into the trade I will just say that if you remember back. It was only October when high multiple story stocks structuring unprofitable. With the last thing you wanted to own it was not that long ago. We're having this conversation in reverse. We will get back there. It doesn't mean that these are all bad companies. It's GONNA come back to valuations in the market when we're in a risk off environment. These will be the first to go. Yeah I could throw two more names on here. Guy Dummy Occidental Petroleum Down Twenty eight percent over twelve months up fourteen percent. This year I get through an L. brands down. Twenty four percent percent over twelve months or different up ten and a half percent this year. Sorry guy no jump in. I don't know what is with those names are they are. They're different but they're very similar more than there's been there's been news brand specifically and and a quick to go off the board for five hundred if I may in this conversation. But we didn't mention lifting this conversation but I think lift is much different Uber. That's a company with a pathway to profitability. Last two quarters from a good they were put in a couple of weeks. You've had this stealth rally and lift. I think this is the the name. I don't think it's going to get back to that. Sixty three dollar level that we saw over the summer. But I think it's destined to trade in the low fifties and percentage wise. That's a big move quickly. O'Brien you're someone that spends a lot of time folks folks on energy I I think the turnaround in oxy is really all about a reassessment of the energy sector in terms of the bottom up fundamental companies being run for equity investors again. The fact that we're seeing energy prices and commodity prices. Crv Ryan thinks that are actually starting to accelerate after years of basic. I I think the energy sector is very different. I think a good lesson here those you want to own a stock go to a CNBC DOT COM and check out the short interest. You should always know what the short interest is in a name that you all all right. Let's talk more now about these monster moves in the market in what is happening. Underneath the Hood Chad Orlando Senior portfolio manager at Washington crossing advisers and a value investor. And you've got to be as valuable guy watching in this tape watching those names wondering well what everyone here has been quite cautious telling investors to shy away from A lot of excess talking about the Federal Reserve lowering rates and being too accommodative if you raised rates by one hundred basis points or the tenure went up by one hundred and fifty basis points that group of names we just spoke about would be vastly different. Evaluations would be vastly different. So I WANNA I wanNA give credit to through the team here to the other traders around this desk because the easiest thing to do would be to say get on that momentum train maybe leave a little on the table but these are risky trades. Hr they're not absolutely and that's what we would caution at this point okay. Momentum right now is in style for the time being but the reality is that investors should now be pivoting their portfolio polio to more quality companies that are consistently growing consistently profitable. That don't have a lot of debt on their balance sheet that proven track records over the last five and ten. There's a lot of this story stocks. I'm telling you when you get the Federal Reserve re pivoting or global growth at disappoints. A lot of the multiples are gonNA come down quite a bit so when you think think about value how do you define that as something cheaper than its own history something cheaper than the SNP multiple. How do you think about it? So that's a great question. We're thinking about value and quality quality so we don't mind paying up for equality company like a Hormel or like a starbucks but as an investor one should focus their attention. They're not only on the P. E. multiple but all the debt. That's on the balance sheet. Really look at the company as if you're a private equity firm and give a cautious view to everything everything so you want companies out of diversified from a product line perspective from a client perspective and our reinvesting back into their business and a lot of these companies. What they're doing doing is they're taking on debt and they're buying back stock Chad every night? We come in. We tried to paint sort of the cautionary tale from time to time. We try to speak about the market but now the market the performance is the ultimate judge and jury in your position how difficult it is to watch the market. Go up every day yet.

Federal Reserve Starbucks Chad Orlando Westchester Alzheimer Karen FED Softbank Lufkin New Zealand Twitter China Walmart Polio Dummy Occidental Petroleum Hormel Director
IPOs gone wild?

CNBC's Fast Money

09:22 min | 1 year ago

IPOs gone wild?

"But we begin right here with what some are starting to worry could be. IPO's gone wild check out the monster move in some of these recently. Public Dame's beyond me. Smile Direct Uber up double digits. This year in fact smile smile direct up. Thirty four percent Uber. Seventeen beyond meet up fifty five and we're only nine trading days into twenty twenty. Many of these names are still to well off their Alzheimer. IPO highs so as the recent rally too far too fast so which guy dom of those names. If you had to pick one of those names names that we showed would you say this is the worst and most egregious example of momentum gone amok I mean the most egregious except those names momentum Menem gone amok beyond me is fascinating to me. I mean the stock went from seventy five seemingly the current levels in a straight line. But it's also often at two hundred forty dollar level that we saw. I don't know back in July so I don't know if it's necessarily runamuck to your point. There's still well off the highs. I think the bigger picture or sort of the broader theme here is. We spent a lot of time talking talking about. We work a few months ago and it's not particularly interesting but I think one of the many unintended consequences of central banks specifically are fed. Is they've made people people lazy. They made investors lazy. And what do you need to know. Well Softbank was supposed to be the greatest investors on the planet. They invested we work at a forty seven and a half billion billion dollar valuation and that's now eighty percent less if that were publicly traded company. We talk about it every day now seems to be happening in publicly traded companies. Yes I think. That's a reason for concern. I don't think it's necessarily the red flag but it's one of many red flags. Well I agree on the Fed analog and if you think think about where we were a year ago we were actually pricing in if you looked at the forward curve three fed hikes and continue unwinding the Fed balance sheet. Well we did exactly the opposite and twenty nine thousand nine. We got three cuts and essentially by the end of the year added four hundred billion dollars to the Fed balance sheet that to me is is essentially what guys talking about. This is the manifestation of that I don't think every one of these companies can be painted with that brush and if I had to take one of those companies that I actually think is kind of interesting. I think it's Lufkin. And I think it is based upon obviously asleep. They are the opportunity to be starbucks in China. You probably know this metaphor We talked about this last week. Karen remember they did a convert issuance in the stock. Got Killed after that and some of the biggest hedge funds in the world are in this name so you WanNa be buying essentially there convert except for the fact that I do think these guys are taking market share and I do think they are competing locally gross story I like I I think Karen the point of this exercise is that maybe all these names are great now. They were ignored many of them or sold at their IPO. So something reading either. Fundamentally has changed with the story in the past three weeks or this is just all goes and hedge funds and frequency traders riding the tape tape until they can't anymore. I think that is the main thing driving one thing. Most of these talks about all of them have in common is big short interest right so that starts a sort of a virtuous or vicious cycle depending on. If you're long or short of of buying so you look at like beyond me. twenty-five percent smile direct which to me is the most volatile bill fifty-six percent short interests. So I need to apologize to you because the last time we talked about small director suggested you might benefit from the product and I got a lot. uh-huh nasty twitter's said back then. I grew up in northern westchester nuts. Southern Westchester like you. We didn't have the funds four orthodontists. And you were making fun of me. I have feelings too I just wanted but that's okay. I'M GONNA start back in a couple of things about smile. Yes it's been on a tear for the last week. They've had some really good news with Walmart and now and now wholesale two orthodontist. That's actually big news but ever this stock was twenty. The I don't know four or five. And now it's eleven seventy something after a huge run so I mean some of these are just gaining share gaining priced back point. They had news smile direct. PK had some news. This they're going to sell through orthodontist which by the way was their entire on model. I mean the whole model was don't sell now. We're like at least they had news. Many of these other names are just trading on New Zealand's. It's the short interest in my view. It's the short interest that run out that we're running out and dry everyone covers. I think you take this list of stocks and put it up there and say when the market starts to turn over these are the ones who either want to short or you want to sell smile direct being number one on the club. I mean well primarily you think about dentistry and cosmetic dentistry. That is the first thing you're going to cut out if for some reason there's a recession or your pay checks cut or you're not making the kind of money that used to make the first thing to do is cut out your cosmetic dentistry whether you need it or not. So that's it's number one on my list too short not doing it now. Because of the fifty six percent short interest this thing could still keep get blown. You can still get ten. Would you agree. This is is not the time if you're thinking I don't like beyond meat unlike smile direct. I don't like luck and this is not the time to short these names. Well I think you can have a plan and you can certainly take a Exposure on in the option market. I think you can measure your risk and I think if the valuation is is absurd. I think you you. You don't necessarily need to put it on today that you can leg into the trade I will just say that if you remember back. It was only October when high multiple story stocks structuring unprofitable. With the last thing you wanted to own it was not that long ago. We're having this conversation in reverse. We will get back there. It doesn't mean that these are all bad companies. It's GONNA come back to valuations in the market when we're in a risk off environment. These will be the first to go. Yeah I could throw two more names on here. Guy Dummy Occidental Petroleum Down Twenty eight percent over twelve months up fourteen percent. This year I get through an L. brands down. Twenty four percent percent over twelve months or different up ten and a half percent this year. Sorry guy no jump in. I don't know what is with those names are they are. They're different but they're very similar more than there's been there's been news brand specifically and and a quick to go off the board for five hundred if I may in this conversation. But we didn't mention lifting this conversation but I think lift is much different Uber. That's a company with a pathway to profitability. Last two quarters from a good they were put in a couple of weeks. You've had this stealth rally and lift. I think this is the the name. I don't think it's going to get back to that. Sixty three dollar level that we saw over the summer. But I think it's destined to trade in the low fifties and percentage wise. That's a big move quickly. O'Brien you're someone that spends a lot of time folks folks on energy I I think the turnaround in oxy is really all about a reassessment of the energy sector in terms of the bottom up fundamental companies being run for equity investors again. The fact that we're seeing energy prices and commodity prices. Crv Ryan thinks that are actually starting to accelerate after years of basic. I I think the energy sector is very different. I think a good lesson here those you want to own a stock go to a CNBC DOT COM and check out the short interest. You should always know what the short interest is in a name that you all all right. Let's talk more now about these monster moves in the market in what is happening. Underneath the Hood Chad Orlando Senior portfolio manager at Washington crossing advisers and a value investor. And you've got to be as valuable guy watching in this tape watching those names wondering well what everyone here has been quite cautious telling investors to shy away from A lot of excess talking about the Federal Reserve lowering rates and being too accommodative if you raised rates by one hundred basis points or the tenure went up by one hundred and fifty basis points that group of names we just spoke about would be vastly different. Evaluations would be vastly different. So I WANNA I wanNA give credit to through the team here to the other traders around this desk because the easiest thing to do would be to say get on that momentum train maybe leave a little on the table but these are risky trades. Hr they're not absolutely and that's what we would caution at this point okay. Momentum right now is in style for the time being but the reality is that investors should now be pivoting their portfolio polio to more quality companies that are consistently growing consistently profitable. That don't have a lot of debt on their balance sheet that proven track records over the last five and ten. There's a lot of this story stocks. I'm telling you when you get the Federal Reserve re pivoting or global growth at disappoints. A lot of the multiples are gonNA come down quite a bit so when you think think about value how do you define that as something cheaper than its own history something cheaper than the SNP multiple. How do you think about it? So that's a great question. We're thinking about value and quality quality so we don't mind paying up for equality company like a Hormel or like a starbucks but as an investor one should focus their attention. They're not only on the P. E. multiple but all the debt. That's on the balance sheet. Really look at the company as if you're a private equity firm and give a cautious view to everything everything so you want companies out of diversified from a product line perspective from a client perspective and our reinvesting back into their business and a lot of these companies. What they're doing doing is they're taking on debt and they're buying back stock Chad every night? We come in. We tried to paint sort of the cautionary tale from time to time. We try to speak about the market but now the market the performance is the ultimate judge and jury in your position how difficult it is to watch the market. Go up every day yet.

"senior portfolio manager" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

01:41 min | 2 years ago

"senior portfolio manager" Discussed on KMOX News Radio 1120

"Steeple and ophthalmology associates. Matt Battapaglia senior portfolio manager on the line with me, Matt I've got a bad case of whiplash where did markets finally ended up today? Alex, another volatile trading session today saw stocks down around six hundred points at one point on the Dow however rallying in the late afternoon to finish positive for the day. The Dow gained two hundred and sixty points or about one point one percent, the S and P five hundred gained twenty one points or nine tenths of one percent. And the NASDAQ gained twenty five points or four tenths of one percent. So we went from a record one day gain to a huge downturn to start the day. And then a record rally. What's with all this volatility? But what we're seeing going on? Now is you've got competing forces on the positive side. You've got the fundamentals evaluation at play and they appear strong. So for example, if according to facts that for the two thousand eighteen earnings expectations. Call for twenty percent growth on. The revenue side of things we're looking for about nine percent growth. You've got unemployment at at the lowest levels not seen in years. You've got an economy growing at three point four percent with regards to valuation. You've got earnings multiples that have come down recently given all the selling that we've seen in the market. So now, stocks appear a little more cheaper. So those are the things that the market has going for it on the opposite side of the things that are dragging the market down is a lot of uncertainty. So again, I mentioned this yesterday, but we're in the middle of a partial government shutdown. You've got the uncertainty with regards to trade between the United States and China which also plays into the third thing that that really is a drag on the markets, and that is a concern about global growth slide. So you've got these two competing forces. It just it just depends on who wins out on any given day steeple portfolio manager, Matt.

Matt Battapaglia Steeple senior portfolio manager portfolio manager whiplash Alex United States China one percent twenty percent four percent nine percent one day
"senior portfolio manager" Discussed on KNX 1070 NEWSRADIO

KNX 1070 NEWSRADIO

06:58 min | 2 years ago

"senior portfolio manager" Discussed on KNX 1070 NEWSRADIO

"More often can extend seventy NewsRadio incoming perhaps lots of it. It should start either late tonight or tomorrow, it's eight oh, six visitation of KNX in-depth is a replay of an earlier program. The program has live every weekday at one PM. This is KNX in-depth should again for Mike Simpson. This week. I'm Chris Edens, and Charles Feldman confusion confusion seems to be the key word on Wall Street as the Dow Jones closes down nearly eight hundred points confusion over what exactly is in that trade deal with China that President Trump boasted about and confusion about what the economic tea leaves are saying, so we'll go in depth in the hopes of clearing up some of that confusion and another piece of the puzzle is being revealed today in the investigation into Russian interference in the twenty sixteen election. Why did President Trump's former national security advisor plead guilty, and what were his ties to Russia? The Trump administration has long decided that he's going to give a pass to Saudi Royal prince for any involvement. He may have had an ordering the murder of journalist Jamal kashogi. Congress is aggressively moving in the opposite direction if closed-door meeting with the head of the CIA. Another hack and theft of sensitive little emails, but this time it's the Republicans turned be on the receiving end of a cybercrime and calling. All celebrities doesn't anyone want to host the ninety first Academy Awards, but I the volatile stock market and an increasingly dark mood on Wall Street, Kimberly forest, senior portfolio manager and vice president of fort Pitt capital group, Kimberly down just about eight hundred at one point in the day. It actually did exceed eight hundred points in a drop. Why? Well, for a couple of things there is some question as to what we're really working on with respect to the tariffs with China yesterday. I think there were a lot of hopes that were raised especially with the automotive sector that we could have some sort of really great relationship with China, if they would pretty much drop all their auto tariffs. And now it looks like this morning. This was wishful thinking so that kind of started our day, but the real issue came into this somewhat nerdy thing unless you're a professional investor you probably don't watch the federal bond yield curve, and what the yield curve is supposed to represent is a nice upward sloping kind of swoopy curve. And that is what you could expect to get an interest rates for one three five ten and thirty year bonds, and it's supposed to be. More the longer you go out. Now, what happened was is. This has been flattening for some time, which that's kind of a worry. And whenever it gets inverted, meaning something that is due sooner like a two year is higher than something further out the curve like a five year that indicates maybe a recession as possible. So that happened today and. It freaked everybody out. I guess the trading will halt tomorrow because of the the funeral for the former President, George Hw Bush. Do you think it's going to be a chance for investors, maybe to take a deep breath? Look back in bed possibly come out on the positive end come Thursday, or are we seeing a possible trend here? Well, I think a lot depends on the data on Thursday. We have a whole lot of ten updated. It's gonna come out this week on Friday. It'll be the jobs number Thursday. You'll have a whole lot of data including unemployment if you've noticed there has been more kind of talk about jobs being reduced it large companies. And because we don't hear about smaller companies. All of this information is getting investors heads, and they're worried that maybe especially now with this inverted yield curve things may not be as solid as we start here in America. Let alone over in other parts of the world. So it could go either way we. Could freak out some more. But we will get unemployment on Thursday. And that may kind of put a brake on the downfall or it might accelerate it so who knows? So you know, we began by saying that there's a lot of confusion, and you touched on that as well. As to the agreement, or what appears to be some kind of an agreement or understanding between the United States and China. And I'm wondering if if you think that that the administration without pointing fingers at at who in the administration, but did they just bungle this? Well, I'm gonna give every I'm in. I'm an equity analyst not a bond analysts. So I think that glasses hassle just that's my basic, you know, how I roll through life here. So I'm gonna give everyone benefit of the doubt here that maybe that was a helpful outcome or what they are trying to get China to agree to. So I think that's a target more than it was an actual, you know, topic that was agreed to between two parties for the average investor is a day. Like today, something that they should just say, okay, stay, the course or any reason to panic. I don't think there's any reason to panic. If your money is in the market, and these are these are just the big chunks of investing any money that you have in the market should not be for immediate consumption. It shouldn't be paying your bills. It should be for very long term like three to five years out. I think in three to five years this is going to be a blip. So we shouldn't care about that. Now, if you have, you know, you're doing something else with money, you maybe ought to consider maybe putting whatever you need for that one two three time year period in cash or something a little less volatile. But you know, we don't none of us know what the future is. We can just assume that economies of the world are going to be continue to grow. And we think that's true in one in three to five years. So today is a blip. It's that's your mentality. It's not, you know, you're going to be a little bit tortured tonight. Maybe a correction. We could call it as well, Kimberly. Thank you again, Kimberly. Four senior portfolio manager and vice president of fort Pitt capital group, and a reminder, you can always listen to the KNX in-depth podcast. Download radio dot com app for free when KNX in-depth continues in just about three minutes or so Robert Muller. Well, he's painting the picture, but is it a picture of possible collusion between the Trump campaign and Russia? What if every time you went out you could cash in now with the Capital One.

China President Trump KNX Kimberly forest vice president Russia fort Pitt senior portfolio manager Mike Simpson Capital One President Academy Awards George Hw Bush Chris Edens CIA Saudi Royal Charles Feldman advisor theft
Bank of America's lagging loan growth overshadows profit gains

Bloomberg Markets

01:18 min | 2 years ago

Bank of America's lagging loan growth overshadows profit gains

"China Bank of America drops after it reports. Disappointing growth in loan. Lots of earnings this week, including Netflix tomorrow, toy guy, Eski skybridge capital, senior portfolio manager tells Bloomberg earnings will continue to grow just not at the rate that many people are used to you've been aided by extremely strong economic growth, and obviously tax reform so going forward you have to expect lower earnings growth, but it's still relatively healthy somewhere in the eight to twelve percent range next year, and that's to the point on Bank. Look the bottom line for banks is they're running much safer enterprises. Now, he means upside, but also less risk. So that means more immunity in the next cycle and the next downturn should be much more about equity price declines as opposed any credit impairment across the board. We check the markets every fifteen minutes throughout the trading day here on Bloomberg radio, the S and P five hundred down three tenths of a percent down nine. Dow Jones industrial average is little changed down eight. The NASDAQ is down nine tenths of a percent down seventy one the ten years up to thirty seconds yield two three point one five percents. West Texas intermediate crude down two tenths of a percentage seventy one twenty two a barrel. Comex gold's up close to one percent twelve thirty four even an ounce the dollar Yannis at one eleven seventy six the euro dollar fifteen eighty one the British pound to dollar thirty one thirty one. Let's he's up three tenths of a percent. The Dax in Germany's up

China Bank Of America Bloomberg Radio Bloomberg Dow Jones Senior Portfolio Manager Yannis Netflix Germany West Texas Fifteen Minutes Thirty Seconds Twelve Percent One Percent Ten Years
Oracle Stock Has a Lot to Prove Today

Bloomberg Businessweek

04:52 min | 2 years ago

Oracle Stock Has a Lot to Prove Today

"Out with earnings after the bell, the stock not doing so. Well. Several hours after hours trading, Carol. Let's make some more sense of it for that. We bring in our old friend, Dan Morgan, he's vice president and senior portfolio manager. I trust company managing overseeing approximately fourteen point seven billion dollars down in hotlanta. Dan. This is not Levin this. What do you make of it? Hi, jason. You know, the report if you look at, you know, just the revenues in the earnings were pretty much in line earnings were a little bit above. I think the big number. Everybody was focusing on trying to. Know to decipher how how quickly their cloud business growing their platform as a service and software their service, and you know, as we know from the last quarter, they got rid of breaking that number out. So we really can't compare it. But if you look at the segment, which does include platform as a service and software as a service that being their cloud services and support licensing was only up three point two percent year over year. So that's in revenue so that was a little bit disappointing. Anyway, combine in you know, everything that has to do with cloud in licensing and support we only show an increase year over year of two percent. So I think that would have to be construed as being a negative as we talked before they're in transition trying to make this migration. I think at this point we'd have to say Microsoft is way ahead of them. Well, you know, it's interesting, Dan. And we had a story on the Bloomberg from an analyst Jay impeach securities. And they put a note head of the release saying their channel checks suggested oracle is losing people faster than oracle. Can hire them and that customers continue to disapprove of oracle sales tactics. Are there some strategies that oracle that are playing against them right now? Well, that's interesting Carol because I've been following oracle for twenty five years. I'm very familiar with Larry Ellison, and he comes from a military background. I know they trim off the bottom sales people every year, regardless of what your performance has been over a longer period of time. So they they kind of have a very, you know, high performance type of efficient system over there. And that could be something that is, you know, not jiving as well as maybe let's say working at Salesforce or workday or Microsoft, so that could be something that's impacting them. Obviously this quarter doesn't show the type of growth that we'd be hoping for based on that kind of cutthroat sale system that they run. Yeah. It's interesting that that color mean, we are dealing with a very very competitive time in Silicon Valley right now cross the board. And as you mentioned earlier in the conversation, Dan, I it really is all about the cloud. So you mentioned Microsoft who? Who else is winning if workers losing here? Well, we go across the spaces, you know, the three major spaces so software as a service, you know, Salesforce. Jason why did we talked about them a couple of weeks ago? They are still the leader with about a third of the market down. There. Kind of followed up with like, a Microsoft is in that space also on then you have a lot of guys kind of competing in single digit marketshare kind of adobe and oracle and so forth. If we look at infrastructure as a service that's Amazon web services that's Amazon with about a third of that market. And again there followed kinda, you know, same players kind of this Microsoft, and you know, we've got other players that are trying to get into that area because it's so lucrative. So you know, I think the opportunity Jason going forward for oracle is how can they leverage their in relational database there about forty percent of the market old-line database player. They've also good strength after picked up PeopleSoft with ERP and so forth and. That's human capital management. How can we leverage this database of customers and flipped them over into becoming cloud customers? I think that's where the opportunity is for them. I really do think going forward. What about this twelve billion dollar by back? Like, I would have thought I mean this ducks down about four percent here. Dan in the after hours. I thought I would have thought that alone would have been enough to kick the share price higher. Well, it's pretty typical Carol right now in the technology sector, as you know, everybody seems to have these huge, you know, by max apple microns gonna come out Thursday. I think they've got a huge back. So, you know, those are ways of driving earnings per share when you have kind of flattish or low growth in that prophet, right? You buy your denominator, which includes creases at UPS. That's a good way to kind of financially engineer your numbers along with dividend increases. But but again, I think the streets really wanting to know what are you doing in that cloud space in any way, you cut these numbers up? It just it was it was three to two percent. It just wasn't exciting. Yeah. So that's hard to to get. Hold of. Yeah.

Oracle Microsoft DAN Carol Jason Hotlanta Vice President Amazon Larry Ellison Levin Peoplesoft Bloomberg Engineer Senior Portfolio Manager Analyst JAY Adobe
President, Fed and Marci discussed on Bloomberg Daybreak: Asia

Bloomberg Daybreak: Asia

04:28 min | 2 years ago

President, Fed and Marci discussed on Bloomberg Daybreak: Asia

"Be inspected at a lab in Hawaii the first line of identification is DNA samples members. Of families have already submitted samples for possible match Trump administration has put new sanctions on two members of the Turkish government at the president's direction the department, of, treasury is, sanctioning Turkey's, minister of Justice and minister of interior, both of, whom played leading. Roles in the arrest and detention of pastor Brunson yes Sarah Sanders their pastor Andrew Brunson held in, Turkey, US President Donald Trump tweeting this morning this is a terrible situation and attorney general Jeff Sessions should stop. This rigged witch, hunt, right now talking of. Course about the Muller investigation, before it continues to stay in our country and it. Further Republican Senator. Susan Collins says geez this. Is unbelievable Senator Richard Blumenthal democrat from Connecticut says a, question of. Obstruction of Justice should be, asked White House clarifies it is opinion and not Order and the, president's attorney Rudy Giuliani says what he is a person. That first amendment. Right to defend himself I Spenser's opinion and as. A president even more importantly expresses opinion because these kinds of allegations can do damage to the country opinion. Not order Japan's government says it's doing its utmost for the rescue of Japanese journalists believed to be held in. Syria this after a video of a man appearing to be him was posted, on the web freelance journalist jump pie you saw was last seen from Syria in June of twenty fifteen global news twenty four hours a day on Aaron at tick tock on. Twitter powered by. More than twenty. Seven hundred journalists and analysts in more than, one hundred twenty countries in, San Francisco I'm Ed Baxter this. Is Bloomberg Margie Patel is with us is managing director. Senior portfolio manager at wells capital management Marci always a, pleasure a lot to. Unpack here their earnings to take apart there is a u. s., China trade to talk about obviously? The fed meeting we've, got a three percent? Yield now on the ten year treasury, are you surprised about. That No it's it was just inevitable, when we would top over, three percent and today was a. Day and I think we should expect gentle garages and. Rachel over the next year nothing extreme and of course, are very very flat, curve but the question is where do we go from here in, the in the medium term Well I think the fed must be pretty pleased. With itself the way things have worked, out and they've indicated that they didn't make any, predictive statements about the economy or consumers so they must. Be pretty happy with how things are but, I think we should look for as as the majority people are two more, quarter point increases and substrate over the next two meetings. So by the end of the year one of the interesting things was in a statement there was no mention of u. s. China trade tensions I mean it was that. Surprising to you maybe the fed is just going, to remain disciplined and focused on the data, or they know something the rest of us don't know I think that they probably felt whatever not wanted to comment on a political issue that it was really marginal tutti. Gross and economy to the wellbeing consumers, to position business. So there's no necessity, to qualifying statements for that but I think they don't think it's The big needle movers so they didn't say anything I mean the question is difficult one this it should they. Really be hiking interest rates when you gotta housing. Market was just showing signs of worldliness Well yes. I think is they should because we are still a long way from so-called normal Rachel abnormally low for. Half a dozen years if funds rate was down at twenty five fifty basis points for years I, think that's one of the reasons economy was sluggish is it. Simply interfered with the flow of capital so I think that if they can see their way to raise rates and. Not hurt, the economy that's great. Housing is slowing down anyway and so do affordability so I really don't think that matters other areas we'll take over And do the heavy lifting for strength but housing was doing Marci when. We continue the conversation I'd like to get your view on how monetary policy is going to impact, the dollar and weather foreign exchange folks have it all discounted. Already Marci Patel is with wells capital. Management and this is Bloomberg What would, you, say, about time.

President Trump FED Marci Margie Patel Turkish Government Turkey China Rachel Senator Richard Blumenthal Attorney Donald Trump Syria Pastor Brunson Susan Collins Muller Jeff Sessions Hawaii
Cisco stocks tumble after Amazon competitor reports

Politics, Policy, Power and Law

01:41 min | 2 years ago

Cisco stocks tumble after Amazon competitor reports

"One the ports americans worries over global trade greatly accelerated thirty eight percent of consumers potential negative from tariffs that's up from twenty one percent in june any del giudice bloomberg radio as for trade tariffs and the interest rate environment kevin holt is senior portfolio manager at invesco advisers if this trade issue resolves itself and the terrorists don't going to place longer term you're going to see the year pop over three percent the markets have become much more comfortable with what the feds doing shares of cisco systems tumbled after reports amazon is considering becoming a competitor dragging down networking equipment companies cisco was down four point one percent the dow the sp nasdaq all moved higher s and p five hundred index up three points to twenty eight one up one tenth of one percent dow industrial's up ninety four four tenths of one percent nasdaq at a record up two points to seventy eight twenty five a gain of less than one tenth of one percent global news twenty four hours a day on air and at tick tock on twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm charlie pellett this is bloomberg politics a pretty interesting fight within the republican party itself policy currently there aren't really federal regulations in place power the white house has an issue stephen on the bill just yet beltway news insight and analysis this does seem like an unconventional reality from bloomberg politics a kind of radical agenda that breaks with democratic tradition and bloomberg government heated rhetoric in washington and nationwide this is politics policy and power with amy morris and peter barnes on bloomberg radio.

Amy Morris Bloomberg Twitter Dow Industrial Cisco Invesco Del Giudice Peter Barnes Kevin Holt Washington Stephen White House Republican Party Charlie Pellett Amazon Senior Portfolio Manager
Cisco Drops on Speculation Amazon Entering Networking

Bloomberg Best

01:59 min | 2 years ago

Cisco Drops on Speculation Amazon Entering Networking

"One the ports worries over global trade greatly accelerated thirty eight percent of consumer sip at ten negative from tariffs that's up from twenty one percent in june any del giudice bloomberg radio as for trade tariffs and the interest rate environment kevin holt is senior portfolio manager at invesco advisers if there's trade issue resolves itself and the terrorists don't go into place longer term you're going to see the tenure pop over three percent the markets have become much more comfortable with what the feds doing shares of cisco systems tumbled after reports amazon is considering becoming a competitor dragging down networking equipment companies cisco was down four point one percent the dow the sp nasdaq all moved higher s and p five hundred index up three points to twenty eight oh one one tenth of one percent dow industrial's up ninety four four tenths of one percent nasdaq at a record up two points to seventy eight twenty five a gain of less than one tenth of one percent global news twenty four hours a day on air and that kick talk on twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm charlie pellett this is bloomberg this is bloomberg best bloomberg best is about the insight and the context get from our guest is a great way to catch up on some of the stories you might have missed on the bloomberg stories you're not going to find in any other news organization bloomberg best bloomberg's best stories of the week powered by twenty seven hundred journalists and analysts in more than one hundred twenty countries around the world i'm ed baxter june grasso i'm visited of bloomberg best former treasury secretary jack lew discusses his concerns for the us economy a lot of the issues that are being addressed through the trade war are actually going to hurt the us economy mark melody is on global trade outlook we are in uncharted waters was anthony scaramucci discusses the future of skybridge after a failed sale growing.

Cisco Anthony Scaramucci United States Jack Lew Ed Baxter Twitter Dow Industrial Kevin Holt Invesco Del Giudice Grasso Bloomberg Charlie Pellett Amazon Senior Portfolio Manager One Percent Thirty Eight Percent
Kudlow rejects notion that US has softened its stance toward China

24 Hour News

03:59 min | 2 years ago

Kudlow rejects notion that US has softened its stance toward China

"On the and all news one zero six nine am seven forty kcbs news time seven twenty one new york governor andrew cuomo is directing the state's human rights division to investigate claims of pregnancy discrimination at four of america's biggest companies the investigation into walmart merck novartis and glencore stems from reporting by the new york times natalie kid row f core of the story for the paper and spoke to kcbs as rebecca corral earlier about it tell us about some of your findings so we looked at pregnancy discrimination at some of america's largest companies and we found patterns at those companies you mentioned them just now that suggested that pregnant women in white collar context the discrimination was often you know a little more subtle they were being sidelined they were being passed over for promotions sometimes had their salary cut were generally marginalized at low wage workplaces at walmart being the one that we looked at women were denied accommodations that they'd asked for for medical reasons so one woman who wanted to stop lifting heavy boxes was denied she was told by her manager that manager had seen demi moore do a somersault on tv when she was close to full term so being pregnant wasn't an excuse another woman wasn't allowed to stop working with a chemical that she said we're making her ill so different forms of discrimination but the kind of broad experience that was shared okay so what does the loss as a state by state thing so there are states they're twenty three states that have their own pregnancy discrimination laws that are stronger sort of protections than the federal law the federal law on the books essentially says it's not it doesn't offer an affirmative right an outright right to protections it just to the extensive employers are already accommodating workers who are similarly limited you know in their ability to do whatever the task is they have to accommodate credit women but i mean you can see that that that doesn't say that you know sort of that employers ma must always you know consider whether a pregnant woman you know needs light duty or needs rest breaks or needs to be transferred it just says that if you're already brother people then then you should probably do it for pregnant women the state of the state laws are are kind of much stronger and require much more of an active role on the part of employers new york times reporter natalie talking earlier with our anchor rebecca corral kcbs news time seven twenty five from the cbs super micro intel money to ask its money watch the rebound went bust after significant early gain stocks put it in reverse the dow closed down one hundred sixty five points the nasdaq dropped one hundred sixteen the sp shed twenty three after it appeared the trump administration was backing off the harshest possible measure to stop chinese acquisitions of us technology white house economic adviser larry could low made it clear the president's plan did not signal softened stance on china paul nolte is a senior portfolio manager at kingsview asset management he says this volatility around trade has investors looking toward a possible recession as earning season approaches it's really what's got investors on edge here is to understand how this is going to flow through to the economy automaker say imposing up to twenty five percent tariffs on imported vehicles could cost hundreds of thousands of auto jobs increased car prices and.

Twenty Five Percent
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:35 min | 2 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Financials which should make more money on their spreads so we'll assess how high rates are going to go if we're gonna get a runaway inflation which does not look like it's in the cards then you have to really be careful because things can get dramatic but if they just move relatively straight line i don't think the federal reserve very much interested in raising rates very much very fast they are also shrinking their balance sheet so there's going to be pressure to sell more on the ten year treasury hit three percent and that was kind of a trigger and if people panicked but right now they're already back down to two point nine five win a little rocky market and people start buying mediumterm bonds and they put the race back down so it doesn't look like rates are going to just run away because another item when you look at it is the federal reserve and the treasury have to consider the interest on the us dead if it gets too high it's going to be very very restrictive to the economy if you do get quite a bit higher rates and higher inflation the right thing to do would be to whole cash and you can either just have your cash in the money market or short term treasuries or even if you they rates are going to really rise you can buy floating rate issues which will eradicate any anyway the rate will rise as interest rates rise listeners for a free forty minutes portfolio review call and ask bill barham five zero three five eighty to ninety five hundred bill barham senior vice president senior portfolio manager at orca investment management llc it's more.

treasury us bill barham senior vice president senior portfolio manager orca investment management llc forty minutes three percent ten year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:31 min | 2 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Which should make more money on their spreads so we'll assess how high rates are going to go if we're gonna get a runaway inflation push does not look like it's in the cards then you have to really be careful because things can get dramatic but if they just move relatively you know straight line i don't think the federal reserve very much interested in raising rates very much very fast they are also shrinking their balance sheets so there's gonna be pressure to sell more bonds the ten year treasury hit three percent and that was kind of a trigger and if people panicked but right now they're already back down to two point nine five win a little rocky market and people start buying mediumterm bonds and they put the race back down so it doesn't look like rates are going to just run away because another item when you look at it is the federal reserve and the treasury have to consider the interest on the us dead if it gets too high it's going to be very very restrictive who the economy if you do get quite a bit higher rates and higher inflation the right thing to do would be to whole cash and you can either just have your cash in the money market or short term treasuries or even if you rates are going to really rise you can buy floating rate issues which will erratically anyway the rate will rise as interest rates rise listeners for free forty five minute portfolio review call and ask bill barham five 503 three five eighty to ninety five hundred bill barham senior vice president senior portfolio manager at orca investment management.

treasury us bill barham senior vice president senior portfolio manager forty five minute three percent ten year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:36 min | 2 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Financials which should make more money on their spreads so we'll assess how high rates are going to go if we're gonna get a runaway inflation which does not look like it's in the cards then you have to really be careful because things can get dramatic but if they just move relatively in a straight line i don't think the federal reserve very much interested in raising rates very much very fast they are also shrinking their balance sheet so there's going to be pressure to sell more on the ten year treasury hit three percent and that was kind of a trigger and if people panicked but right now they're already back down to two point nine five win a little rocky market and people start buying mediumterm bonds and they put the rates back down so it doesn't look like rates are going to just run away because another item when you look at it is the federal reserve and the treasury have to consider the interest on the us dead if it gets too high it's going to be very very restrictive who the economy if you do get quite a bit higher rates and higher inflation the right thing to do would be to whole cash then you can either just have your cash in the money market or short term treasuries or even if you rates are going to really rise you can buy floating rate issues which will eradicate any way the rate will rise as interest rates rise listeners for free fortyfive minutes portfolio review call and ask bill barham five zero three five eighty to ninety five hundred bill barham senior vice president senior portfolio manager at orca investment management llc it's more of investor's.

treasury us bill barham senior vice president senior portfolio manager fortyfive orca investment management llc fortyfive minutes three percent ten year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:46 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Experts are understandably worried that stock prices have run too far too fast which may have worried some individual investors what are you have to say about that it's definitely human nature to want to predict the future and there's so many financial shows and numerous experts it base their business on guessing the market basically my opinion that most of these predictions are little practical value to a money manager or two individuals primarily because tomorrow there's another opinion under moshe market and economic conditions we find there's usually investments to be made or to hold historically the valuations on a lot of the popular stocks are definitely high by most measures but also us treasury ten year bonds and treasuries historical low rates so we've got a under which ways the best way to go most of the high priced issues are also exhibiting rapid worldwide growth till this is where the majority of attention has been focused right now in the market that's not saying that many of these aren't only worth their price but for instance the fangs in these types of stocks that are really running and really collecting a lot of cash right now and leading the index is for sure but there's gonna be a lot of volatility and drops along the way so at orca investment management we love getting into growth stocks early but we approach fastgrowth issues that these high multiples with a lot of caution so here sound research is always paramount while our tape is still positive and we're keeping a close watch on the economy and market performance or any changes in the sentimental or in performance of the issues listeners for a free forty five minute portfolio review call and ask bill barham at five zero three five eighty to ninety five hundred blue barham senior vice president senior portfolio manager at orca investment manager llc.

bill barham senior portfolio manager blue barham senior vice president investment manager forty five minute ten year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

02:12 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"To say about that it's definitely human nature to want to predict the future and there's so many financial shows and numerous experts at base their business on guessing the market basically my opinion that most of these predictions are a little practical value to a money manager or two individuals primarily because tomorrow there's another opinion under most market and economic conditions we find there's usually investments to be made or to hold historically the valuations on a lot of the popular stocks are definitely high by most measures but also us treasury ten year bonds and treasuries are historical low rates so we've got to consider which way is the best way to go most of the high priced issues are also exhibiting rapid worldwide growth till this is what majority of attention has been focused right now in the market that's not saying that many of these aren't worth their price but for instance the fangs in these types of stocks that are really running and really collecting a lot of cash right now and our leading the index is for sure but there's gonna be a lot of volatility and drops along the way so at orca investment management we love getting into growth stocks early but we approach fastgrowth issues that these high multiples with a lot of caution so here sound research is always paramount while our tape is still positive and we're keeping a close watch on the economy and market performance or any changes in the sentimental or in performance of the issues listeners for a free forty five minute portfolio review call and ask bill barham at five zero three five eighty to ninety five hundred new barham senior vice president senior portfolio manager at orca investment management llc please take a moment to recognize and salute the men and women in uniform who are standing tall for our political and economic freedom let's remember them in our thoughts and prayers their efforts in our support help keep america strong this aloof from gail family contracting in gresham serving you with quality pride for all your residential and light commercial contracting give ernie call at nine seven one five zero six one nine zero two nine one five zero six nineteen to gail family contracting is wishing retreats godspeed the spring season are you a conservative gun owner or.

bill barham america gresham senior vice president senior portfolio manager orca investment management llc ernie gail forty five minute ten year
"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:57 min | 3 years ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"Of the index benico bloomberg radio and troy guy ascii is senior portfolio manager at skybridge capital and being in the cycle has been how many more disaffected workers can you pull off the sidelines and that was a tremendously point that report that's also confirmed by say cpi that you can run the economy a little bit hotter with more fiscal stimulus and also more stimulated fed without inflation hitting three to three and a half percent president tr trump says cnbc personality larry kudlow has quote a very good chance at replacing gary cohn the outgoing director of the white house economic council the president's comment came as he left the white house heading for california larry cudlow very strongly time we don't agree on everything but in this case i think that's good i wanna have divergent opinions we agree on most he now has come around to believing in tariffs has also negotiating i'm reading kidding great deals that without we wouldn't do nearly as well so a down day with the dow the sp nasdaq all retreating s and p five hundred index down seventeen drop their of six tenths of one percent dow industrials slumped one hundred seventy one points lower by seven tenths of one percent the dow now just above twenty five thousand nasdaq was down seventy seven a decline of one percent i'm charlie pellett that's a bloomberg business flash bloomberg best with june grasso and baxter continues earlier today president trump announced on twitter that he would be replacing secretary of state rex tillerson with currency i a director mike pompeo for more bloomberg sherry on vonnie quinn spoke with kim wallace managing director of the eurasia group given that we have seen this move cutting for quite some time there was a lot of speculation about the fate of rex tillerson a what would you vise a year investors and clients is this anything new or surprising going forward.

june grasso kim wallace baxter california cnbc tr trump rex tillerson eurasia group managing director vonnie quinn mike pompeo twitter senior portfolio manager bloomberg charlie pellett dow larry cudlow
Goldman Sachs names Solomon as next in line to replace CEO Blankfein

Bloomberg Markets

01:51 min | 3 years ago

Goldman Sachs names Solomon as next in line to replace CEO Blankfein

"Fox and good morning you mentioned goldman sachs shares up now by one at a half percent and up monday here with the dow the sp nasdaq all advancing in just about the first thirty one minutes of trading stocks higher tracking gains across european and asian markets as trade war concerns taking a back seat to economic optimism following friday's report of stronger us jobs growth as four the federal reserve and the rate out look greg peters is senior portfolio manager at pjm he was interviewed this morning on bloomberg surveillance video she goes i think the fed continues the move the threetime this year maybe four two thousand nineteen is the bigger question the markets are so pricing in uh just wondering a quarter for two thousand a nineteen uh but um yeah i think it steady as she goes quite right now we do have the tenure oakland 30second with a yield of two point eight nine percent sp up seventy gain of three tenths of one percent the dow up 75 also up threetenths of one percent nasdaq up thirty two that is a gain of four tenths of one percent gold little changed down six fifty one the ons now to thirteen sixteen west texas intermediate crude lower by seventy one cents a barrel sixty one thirty two a drop their of one point one percent as we have been reporting our top story today goldman sachs says david sullivan will woods solomon will become sole president of the company elevating him over harvey schwartz as the eventual successor to ceo lloyd blank fine again recapping here equities higher s p up seven a gain of three tenths of one percent i'm charlie pellett and that is a bloomberg business flash is a night charlie timberg markets by the new jersey institute of technology partnering with ibm and salesforce provide students with access to the latest business and data analytics tools and.

Harvey Schwartz Salesforce New Jersey Institute Of Techno Bloomberg Lloyd Blank CEO FED IBM Charlie Pellett FOX President Trump David Sullivan Goldman Sachs PJM Senior Portfolio Manager Greg Peters One Percent
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:44 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"To say about that it definitely human nature to want to predict the future in there's so many financial silken numerous expert hit base hit business on getting the market basically my opinion that most of these predictions are of little practical value to of moneymanager or to individuals primarily because tomorrow there's another repeating under most market and economic conditions we find that are usually investments to be made or to hold historically the valuations on a lot of popular stocks or death only high by most measures but also us treasury 10year bonds and treasuries erred historical low rates so we've got to consider which ways the best way to go most of the highpriced issues are also exhibited in rapid worldwide growth to this is where the majority of the attention spin focused right now in the market that's not saying that many of these are all move the worth their price footprint since the fangs in these type of stocks that are really running and regain collecting a lot of cash right now and third leading the index is for sure that there could be a lot of volatility and drops along the way so at orchid investment management we love getting into growth stocks early but we approach fast growth issues that these high multiples with a lot of caution so here sound research is always paramount all our takers still positive at were keeping close watch on the economy and merka performance or any changes in this sentiment or in performance of the issues listeners for a free 45minute portfolio review call and ask bill barham at 503 5e to ninety five hundred pu barham is senior vice president senior portfolio manager at orchid investment management llc.

bill barham senior vice president orchid investment management l senior portfolio manager 45minute 10year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

02:15 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Economy and market performance or any changes in this sentiment or in performance of the issues listeners for a free 45minute portfolio review call and ask bill barham at 503 five eight to ninety five hundred new barham is senior vice president senior portfolio manager at orca investment management llc rate lucia show with ray and the rain traps 401 gay and you can have a roth ira the roth ira it's better unless you're getting a match but you can put up to three thousand bucks in a roth and i would highly recommend the gia the tribute up until the match in yep then switchover to contributing to a roth i couldn't has said it better myself my brand weekday mornings on the money station am 1410 kbnp this is jeff freeman with jana king i'm here with you at am 1410 key in p radio when a woman is diagnosed with breast cancer is probably the most frightening thing that's ever happened to her friends and family often don't know what to do for support not to mention the patient herself that's where fresh friends cancer support radio come join becky olsen and sharon hannifin breast cancer survivor is an advocate as they held by providing inspiration information and most of all hope tune in every friday at ten am pacific time on the voice of america health and wellness channel will do with reimporting tend news headlines on keith lines portland police reporting a man who drove away from an officer attempting to conduct a traffic stop was found to of a loaded gun and cocaine in his vehicle 24yearold jeremiah of prejudice go to fuller was arrested on charges of driving while with possession of cocaine and possession of a loaded firearm within the city limits and officer attempted to stop his pontiac grand prix after he struck a curve at northeast seventh at sacramento during the lunch hour yesterday police said he did not stop and made multiple turns route a neighborhood car was then found stopped in these six hundred block of northeast thompson street with fuller standing at the front door of a home as to gator said the suspected not know any one at that residents said had been driving with a revoked license officer said a semiautomatic handgun and cocaine were found in the vehicle for the money station on key lands.

bill barham senior vice president ray jeff freeman becky olsen officer cocaine gator senior portfolio manager orca investment management america portland fuller sacramento 45minute
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:54 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"Some market experts are understandably worried that stock prices of run too far too fast which may have worried some individual investors what do you have to say about that it's definitely you of a nature to want to predict the future in there's so many financial shokhin numerous experts hit base their business on getting the market to basically my opinion that both of these predictions are of little practical value to a moneymanager or to individuals primarily because tomorrow there's another opinion under most market and economic conditions we find there usually investments to be made or to hold historically the valuations on a lot of the pa peter stocks are definitely high by most measures but also us treasury 10year bonds and treasuries erred historical lull rates so we've got to consider which ways the best way to go most of the highpriced issues are also exhibiting rapid worldwide growth to this is where the majority of the tensions been focused right now in the market that's not saying that many of these are other movie worth their price footprint since the fangs in these type of stocks that are really running and ridi collecting a lot of cash right now and their leading the index is for sure but there so it be a lot of volatility and drops along the way so at orchid investment management we love getting into growth stocks early but we uh approach fast growth issues at these high multiples with a lot of caution so here sound research has always paramount or takers still positive and were keeping close watch on the economy and market performance or any changes in the cinema door in performance of the issues listeners for a free 45minute portfolio review call and ask bill barham at 503 five eight to ninety five hundred bill barham is senior vice president senior portfolio manager at orca investment management llc andrew.

stock prices bill barham senior vice president senior portfolio manager orca investment management 45minute 10year
"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 3 years ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"That part of it but if you're paying for education anywhere you know i just feel like there's a lot of things taxes are going to go up in my world to some extent i just i don't know i don't necessarily c i feel like i wonder if our measurements of inflation are really accurate or epic two word in a lot of in a significant increase in prices was was in need the housing market and particularly in owners equivalent rent so you saw a lot of uh so let rents going up in apartments but if you look around a lot of cranes everywhere and there's a lot of construction within apartment complexes is going on across the country and that's actually gonna start to decrease the uh the rate of growth within brands that are out there so that can actually be a little bit of help from that standpoint can't really help you from the inflation ten point in terms of college education that's something that uh there was obviously it in my opinion driven by it easy access to credit and in terms of uh you know student loans but from a uh from a just a typical consumer spending standpoint we do believe that amazon has pushed prices groceries lowers push craig places of of uh of common goods like uh like retail goods lower and from that standpoint we really think that that better here's day and i will say tj maxx and i'm a little much tonight has been should grin um we continue talk with matt braille he's senior portfolio manager at invesco will get all that more from him in just a moment critic on futures what are we about an hour away from the opening bell on wall street we've got s p e many futures are just about two points dow futures were looking at about forty five point gains of cement them momentum let's try saying not again i building throughout the morning and we've gotta nasdaq futures up about sixteen points i have to tell you pam i.

amazon senior portfolio manager invesco craig nasdaq
"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:36 min | 3 years ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"Moscow our guest is our j gallo of federated investors senior portfolio manager head of duration the committee orgy go what is a generation committee barreda derision committee is a group of senior portfolio managers traders uh our global fixing come see eye of bother strahovski and we convene uh every month and sometimes more frequently to look across the factors that we believe are driving us interest rates and to stack the duration governor that dan permeates through the intermediate and longterm bond portfolios are firm manages so durations one driver of bond returns we try to bring together mines from across the fixed income grew to set duration targeting that is then followed with with judgment by the portfolio managers of the various portfolios we run okay can you give us an example of how the group has changed its recommendation so that we understand the mechanism by which it and implement these decisions he absolutely every fixed income portfolio federated have a strategy relevant benchmark so for example the total return bond fund which is our largest um investment grade portfolio multisector across treasuries corporates uh highyielding in emerging markets of cetera is manage relative to the barclays aggregate index um the i'd index of course has a duration and the duration committee are output is to provide a recommended uh percentage of back index duration that the portfolio manager should follow but they're given latitude around except for example um for much of this year we've expected treasury yields to rise and as a result uh we have been recommending a duration typically between ninety to ninety five sometimes ninety seven and a half so being short your benchmark duration uh because we anticipate does yields rise being sure we give you opportunities for relative outperformance will the tax package passed and as it was working its way through congress what did you guys go back to your offices incidental work and say okay here's what we need to think about different portfolios as a result of this what changed oh great question uh bt interestingly enough you know there's two allies have we talk about you know everybody's expecting joos rise for for very long time it oftentimes people focused on the 10year treasury but if you go back and you look at the yield on the bloomberg barclays treasury index which is the treasure component of the of.

Moscow j gallo federated investors interest rates treasuries portfolio manager congress barclays treasury index senior portfolio manager dan bloomberg 10year
"senior portfolio manager" Discussed on KBNP AM 1410

KBNP AM 1410

01:41 min | 3 years ago

"senior portfolio manager" Discussed on KBNP AM 1410

"To say about that it's definitely human nature to want to predict the future in there's so many financial shilton numerous expert base hit business on getting the market basically my opinion that both of these predictions are of little practical value to of moneymanager or to individuals primarily because tomorrow there's another opinion under moshe market and economic conditions we find there's usually investments to be made or to hold historically the valuations on a lot of the popular stocks are definitely high i i most measures but also us treasury 10year bonds and treasuries erred historical low rates so we've got to consider which ways the best way to go most of the highpriced issues are also exhibiting rapid worldwide growth til this is where the majority of the tensions been focused right now in the market that's not saying that many of these aren't all movie worth their price footprint since the fangs in these type of stocks that are really running and really collecting a lot of cash right now and third leading the index is for sure but there are so that can be a lot of volatility and drops along the way so at orchid investment management we'd love getting into growth stocks early but we uh approach fast growth issues at these high multiples with a lot of caution so here sound research is always paramount or takers still positive and were keeping a close watch on the economy and market performance or any changes in the sentiment or and performance of the issues listeners for a free 45minute portfolio review call and ask bill barham at 503 five eight to ninety five hundred bill barham is senior vice president senior portfolio manager at orca investment management llc live nationwide and around.

bill barham senior vice president senior portfolio manager orca investment management llc 45minute 10year
"senior portfolio manager" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:21 min | 3 years ago

"senior portfolio manager" Discussed on Bloomberg Radio New York

"Much more steady fundamental longterm growth and low volatility which traders sate and that's why they keep looking for some ominous sign we see from your notes that you like technology health care tools a capital goods and defence companies if you had to pick one which one would it be well i think technology because before far as the i can see you we should expect to see companies innovated and grow and i must say i've been surprised at how well defence companies have done uh am i guess you uh either safter figures are always be young somewhere in the world they have great fundamentals for increasing cashflow and with this recent development only gonna last year saying it many more countries according to beginning to increase their defence expenditures that says these companies almost look um a little bit like growth companies rather than that cash flow company space strong mostly the us government thank you so much during as much of patel that she is eight managing director at a senior portfolio manager at wells capital management brighter prospects of the trading day here in this part of the world well and asian stocks all center rally that the yen dropping by a gained slightly that up to a boy in japan when it comes on stream in a little while but yep i looked for markets to digest this is bloomberg worthy bloomberg small business report i'm john tucker new york state employers may have to start giving parttime workers two weeks notice other schedules and potentially pay extra third last met at assignments this comes under propose regulations the regulations would have a significant impact on how employers scheduled their parttime employees and the minimum number of hours they can work bloomberg bna's reported jerry silverman says small businesses complain the state is now just piling on regulations won't be who are not happy about particular because the state has a new family leave requirement which is taking effect next year and it's raising the minimum wage the key provisions of the new regulations require employers you men another advance notice of fourteen days rescheduling parttime workers employers would also have to pay to extra hours of pay for lastminute work assignments employers would also have to pay part time or at least four jean burke if their scheduled shifts are cancelled and that's the bloomberg small business report.

managing director senior portfolio manager japan jerry silverman jean burke cash flow us wells capital bloomberg john tucker york fourteen days two weeks