18 Burst results for "Stanley Fischer"

"stanley fischer" Discussed on Unholy

Unholy

05:38 min | 5 months ago

"stanley fischer" Discussed on Unholy

"Of course i knew you would ever check the and you're right under stanley fischer the vice chair of the federal reserve and golden years here Look at that time herald sagas here. I'm assume you weren't at the same time. There and seth rogan and of course Sasha on this is a net flicks comedy waiting to happen. So when you were right to mentioned comedy because it is freakish. How many people in british comedy seth rogan of course as well in big big names in british comedy were in this tiny youth move. I mean we're talking. Maximum two hundred people at any one time. We're in this organization Sometimes there'd be conversations about are we a mass movement and you know two hundred people and the you know david Deal is a massive stomach. Comedian this country might lead the oscar winning film camp patterson created comedy show called whose line is any way that winter american was very big. They were all in on him and in fact when we gather. I am the one. Because i'm kind of the straight man in this room of people who have become comedy giants and sasha of course non more giant than. I think you're a giant. Okay just want to say two things by season five. I'm calling you. Johnny that's it and secondly I have friends in high places too so you might listen to a recording a little later in this program things. We are getting a little bit competitive about this. They would be completely right and you actually manage to pull in your contributor and then compelled me to match your contribution with sexual random people are to hear you on later and i think they will be. Wow this is my prediction okay. So we gave out our report card to the american president. I think We should probably also talk about the israeli prime minister. We should Because it's a new prime minister this time last year. When it was russia it was the same as it had been the before and the salon and the year before that and it was netanyahu. And it's now after. So i have to ask you and he early. It's early because he's not had long but it was early for biden to what are your initial. Does he have to stand insured and say a few okay. Well first of all..

seth rogan stanley fischer camp patterson federal reserve Sasha oscar sasha giants david Johnny russia netanyahu biden
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:45 min | 1 year ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Futures this Friday morning down, seven on the SNP were negative about 2/10 of 1% very definite. Gotta cash, Tom. That was the story of maybe 12 months ago as we went into This pandemic in the past week, record inflows into equity funds massive inflows coming in and John, I'll tell you, you see it in the chart, folks. You go to the Bloomberg terminal. Pick your Beast. Whatever Disney yesterday doing so well, John. Some of these moves are up 20 up 30, even up 40% Since the election, I'll let you pick the date you on John. The story this week is a two year yield. It is a 35% decline from the high two year yield of mid January. Stan Fischer would tell you over to Black Rock. That percentage change is a huge deal. That fish would probably tell you not stay. Percentage change, Tom. What's going on? He would tell you that. No, no, no. What's this about? This is the textbook Dornbusch Fisher stars. Stanley Fischer of M I T would tell you the media and for that matter, Wall Street hey, doesn't look at percentage change of the yield with the respect that the economists looking and I'm fired up, Johnny, can I just tie to the opportunity to get some metrics are into the product identification, please? Sounds like you need a dedicated John. Tommy. A man city tomorrow. I can't concentrate. I can tell Let's just say, I think we can all tell but a broader markets on the equity market IPO's upsides pricing above the range for credit markets, any offering upsides tighter than initial guidance as well. You pick equity you pick credit fixed income stocks, Tom It's all about to be seeing a lot of cash looking for home, John. Let's get it out of the way. Lisa popped 8000 shares of Bumble So she agrees with you. I pose up. Yeah, well, it almost doubled. I'm going back to that. I was gonna Completely gloss over the idea that I personally purchased shares of this If I weren't so lucky to get in on this, that would be fantastic. I want to tie both of your points together. This idea of those ultra low to your yields and the money, the cash flooding into equities flooding into credit, and it's tied together not only are getting record equity funds, but we're seeing the balance sheet of the Federal Reserve rise to a new all time high. He says that this data overnight which you know I love looking at 4:30 P.m. on Thursday evenings, Eastern time, But when I find a $7.44 trillion, they're keeping pedal to the metal even as we get these extreme conditions to the easy side in financial markets, All right, here's what I'm looking for. Today. 10 AM US February, University of Michigan Sentiment survey. We've seen things kind of flat line a little bit. Kind of go down as people reassess how quickly we can get that opening how quickly they can get back out and go to restaurants and go to malls. Then in 11:15 A.m., Joe Biden president and vice president Harris are meeting with governors and mayors. It is a bipartisan group. They're going to discuss the infrastructure plan that they say that they have on tap after they pass his initial round. Stimulus they're talking about in Washington, D C. And today I find this really interesting. Janet Yellen, now with her hat as Treasury secretary, will be joining a Fed chair Jay Powell. Her first international meeting. She's representing the U. S. At a G seven finance ministers virtual meeting. She's going to take a very different tact than the Trump Administration in terms of international cooperation and trying to support economies, perhaps the developing world more than Trump lead on John just email in Stan Fischer. Save. It gets response in this show just to settle this. This is great. No, it would seem, he says himself. He understand how we sell an argument. Do you look at Bonnie of moves in percentage terms or basis? John when he was vice chairman of the Fed, I stood by. I sat behind him, rather at the Economic Club of New York. The chicken was lousy and stand. Fisher was viscerally engaged. In this fixation on yield and not movement of yield. That, too, is China and you've been on a LA week and I know you'll lead with on the real yield this afternoon. This is a huge move in the two here, you know, I was gonna lead with the asset shortage a little bit like to run. Actually, I'm gonna get to the price action of this morning. Just quickly. Thank you. Tom Equity futures down about 78 points of the S and P 500 were down 2/10 of 1% in foreign exchange euro dollar. 21 07. We come in about 2/10 off a 1% there and in the bond market have to say we saw a new high for the post pandemic period of 1 1981 in today. We saw that on Monday since then kind of stable 1 16 15. Very much in line with where we closed last Friday some. Yeah, we are. But the real yield, you know, John show you gotta watch this afternoon, folks. Negative 1.4 with all of this, John. The real yield really hasn't moved in for a lot of our guests. That's critical. Let's start that without guests this morning. Jay Pelosky of T P W advisory founder Principal Jake right to catch up, sir. Early Born a few too. Thank you Shared it. Thank you. Very happy to be here too. As early the normal beer. Thank you, sir. Let's start with you. It's why high yields good for the second market. Yes. Yeah, it's a good job because it suggests that the vaccination processes working that the economy is reopening that people are gaining confidence in therefore, money costs a little bit more. The whole pre glued here is all about how cheap money is. The fact that money is going to get more expensive is a good thing. Think of the counterfactual Vaccinations don't work. Economy doesn't reopen. We have negative yields in the United States. We have deflation. Is that a better environment for investors or for the economy or for the country? No, So to me the secret of investing success. Over the next six months is to not pay any attention to this whole debate. J. You have been wonderful. And this goes back to your Morgan Stanley days of an optimistic cast. Ron Temple was just on with Lazard and agrees with you that all of these signals are constructive signals for.

Jay Pelosky Janet Yellen Jay Powell Lisa Ron Temple Stan Fischer Monday Joe Biden United States $7.44 trillion 11:15 A.m. Tommy 4:30 P.m. Stanley Fischer Johnny 8000 shares 2/10 two year Disney Trump Administration
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:01 min | 1 year ago

"stanley fischer" Discussed on Bloomberg Radio New York

"There's a story line around the strength of the recovery. And will there be issues or delays with rollout of vaccine and then I think there's a separate discussion now. Around the concentration of positioning, which we think has been discussion now for some time, I think we've this has been a very unequal market for for years, really, with very uneven valuations across sectors across styles. Very uneven positioning among active investors to try take advantage of that. And so I think it's important to separate those things out. And ultimately, you know, In my view, the macroeconomic picture still looks good. We have Morgan Stanley are still very constructive on the growth backdrop. And that makes makes us think that this is, um or modest adjustment rather than some larger challenge for the market bear with me here, and you want to think this out with you life on it. I just wanted the conversations that you and I have been having for the best part of the decade. Need to change. We see market moves. We talk about the stories that are driving those moves. We often draw the line back to the fundamentals. The outlook story, so to speak. I just want to, sometimes in a moment, particularly, I think back to late August early September. Maybe it's just this explosion in short, dated call options, and it's the tail wagging the dog. Um, we'll sit around trying to come up with these fundamental reasons for any given movin in markets because that's what we've done. For decades. But I wonder entry, whether we just need to change our approach in the way we actually consider what's happening around us. And the way we talk about the price action. Look, I think that's a very good point. And I think this is a case where we're more than one thing can be true. I think it could be true that you're seeing unusually large amount of retail investor activity of call options activity. You're seeing anyone in the usually amount of large mental equity that that's going to the market. And yet, you know, viewed, I think from from other lenses market is behaving and had been behaving for some time. I think in a very rational, fundamental way, I'd be my favorite example is If you look over the last decade, you know the market that's performed. The best by far has been the S and P 500, which has had the best earnings growth by far of the international markets. And so it's not the case that No, the S and P is only up because rates are low or the Fed is doing. Q. E The the S and P s had significantly superior earnings growth to those other major market, So I think it's a case of kind of both. Things can be true. You can have Shifts and market behavior. You can have your changing patterns of behavior, but I do think overall, those broader fundamental trends remain intact and remain important. Andrew, I love that You started by talking about the different narratives going at the same time. It is a very difficult market to sum up In one word. One of the narratives is the concentration of markets and we're seeing this both. Specific stark basis as well on a zey consensus view perspective as well. For example, coming into the year, the weaker dollar call was very much consensus. The higher rate call was very much consensus. Both of those have been turned on their heads in the first few weeks of 2021. How important is it to look at the concentration of positioning and move against that, in order to avoid Such violent repositioning going forward. Yeah, I think this is a really important point again. I think it seemed that, interestingly varies across markets. I think we find there's some views where I think we're in the consensus. We like a lot of people think interest rates in the U. S go higher. Some areas where I think we're out of the consensus or think somewhat differently. We're not in that weak dollar camp way think that the equally weighted S and P 500 we'll perform the S and P 500 I you'll see a bribing of the market. And and under performance of some of those larger those larger weighted stocks as as often happens, coming coming out of a recession and again, I think if you look at some of the recent price action You know again, I think this is, you know, an interesting thing to torno interesting or important way to diagnose. What's going on is is what's leading the market the most widely held stocks or is it the more economically sensitive ones in the rural students of the mop up books on all these crisis? I think of Stanley Fischer's classic book on 19. 98 her sheets in the derivative space, whether notional or the small amount of actually derivatives issued traded, however, you want to phrase it. What of the shadows out there for a guy like you? What is the unknowns are the mysteries of the derivative space right now? So I think this is this is quite fascinating, actually, because even you know, a week ago or two weeks ago, when things seemed much calmer, the equity options market was still expecting quite a bit of volatility at the overall index level and was quite worried about Ah, larger draw down right that that skew of which was historically very steep. And so I don't think This is a case where you could see the market was completely blindsided. There was, you know an elevated amount of uncertainty expected by the options market. And then what we saw yesterday wasn't even larger adjustment of that. You had a much larger move in the vics. Then you did versus credit or other asset classes. And I think that also speaks to the positioning nature of it that this has, I think the hallmarks of a bar shock or a cup of positioning shock more so Then in a real economic shift in view, Well, put entering. Interesting. Take 100 sheets there of Morgan. Stanley. Andrew. Great to catch up, sir. 2021 will be a year of recovery. Doug Parker, the CEO of American Airlines, They're gonna stock up this morning free markets on up about 57% now but comma. It'll become a free market on American airlines. It's a moonshine. I don't want to get technically a jam. But you did. This is you know frankly why the Bloomberg is so good? You look at it folks within bar Chart said one minute basis or five minute basis is sort of nun. Granular and John. It doesn't look like game stop. It's just one massive short cover. I mean, it's all there is to it..

Stanley Fischer Andrew Morgan Stanley American Airlines Fed Bloomberg Doug Parker John Morgan CEO
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:13 min | 1 year ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Well, I mean, you know, without according to many estimates, without without the fiscal boost that we've seen in 2020 activity in 2020, with maybe have been lowered by 8%. And we're only down 2 to 3%. So that gives you a bit of a sense of the scale of the big role it's been playing. I think I think we need the gap that needs to be filled. The bridge it needs to be put in place is of a similar order of magnitude over the next few months. But we're talking about some of the plans you like. You could compare like some of the plans of democracy democracy side versus Democratic senators of the Republican A gap between those plans could be in the order, you know, 234% 5% of GDP, So I'm not sure if it's all needed to respond to movement, but in terms of old alot of them. Shift the words a greener economy on understanding that could be coming with this. The older men you were talking about. We used to be debating about half a percent GDP. We're talking about 5% of so Johnny. There's a question here at this point. If you said that this is getting riskier at this point, given the lack of fiscal support, do you trade this or do you simply look past this to January? 20th? If there is a new administration in any kind of fiscal spending, then So we'll need to see her so far so far in the new slow, Ah, and the tweets and everything eyes being digested on. We'll need Thio. See what What's next? If we were to be in a world where there's no physical agreement before the election, and that cross Teo and some some measures being taken early in 2021, I think it would be a material change to our our village. And as a result, we wouldn't need Thio revise some of our views on on US equities. For instance, BlackRock brought out the heavy guns a year ago. Almost a year ago to the day was Simon Juan's leadership in London. A guy named Stanley Fischer. A guy named Felipe killed LeBron a guy name a woman I should say named Helga bars you as well and you talked about policy coordination. What will be the catalyst now to get to that policy coordination? Well, I think we've crossed the Rubicon in many ways already, In our view, you know what we seen tweet when he is nothing short of a policy revolution. You know, even some of the heads of the corporate bonds, Filipina and, for instance, are already a form of coordination between fiscal and monetary policy. I think going forward. Moreover, uh, with the massive increase in deaths that we've seen them that was required. There will be a force coordination in any case because When the time comes to start thinking about normalizing policies for this year, But when the time comes, um calculus off thinking about the best service ink costs that this implies, would be pretty real. And that again, the Morpheus or, you know, illusory are less tangible fear of inflation. That's what they would need towards, you know, be careful and raising race. To avoid parting tears on the death side. And so that's already coordination in action. So we think we're across the river and we already know you will John. Fantastic. Get you on the program to kick things off this morning. Thank you, Sir John, head of the BlackRock Investment Institute overnight. Some Kinjo was intel questioning the handoff from monetary to fiscal and I think he's right to in the last couple weeks. In Europe. Where is that recovery fund? Still not deployed in the UK can already see the chancellor issue soon at pulling back a little bit, and in the United States now agreement there's no question about it. I mean, you know what? Call it what you want a Calvinist eerie or austerity. Whatever the Vogue is effect is John. As you say it's evident country to country. Coming up on the program lawyer to President Trump and former mayor of New York City Really, Giuliani will be joining us in about 15 minutes time, right here on, Bloomberg heard on Bloomberg radio scene on Bloomberg TV. This violence.

Sir John Thio United States Bloomberg Stanley Fischer BlackRock BlackRock Investment Institute Teo Europe Johnny UK Simon Juan chancellor London President Trump New York City Felipe Giuliani
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:32 min | 1 year ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Hours away from the upper bound from New York City in London. Good morning to you all as we count down to the opening about two as away as the price action Equities drifting higher on the S and P 500 We had some weight to the S and P 500 future through 3400 by 4/10 of 1% and he thanks Market. Donna Waker throughout all of G 10 talked about that stronger Chinese renminbi 1 18 65 on euro dollar In the bond market, we come in a single basis point that range and treasure. He's just holding on holding on holding on holding 0.67% is your yield on the US 10 years as we count down to that Fed decision and reach how cells in 60 minutes time, Tom, I think it's worth pointing out that you've done this repeatedly. Just how many times the data is surprised to the upside on the screen on the Bloomberg right now housing, industrial sector labor market, personal household sector retail. The service is data Tom. All of it. The survey data throw it all in there. It's all been surprising to the upside of compliments, John, you bring up retail. I mean, this is really important course State of consumer And as John mentioned earlier, there's just such parts here. British Airways with 10,000 layoffs to come and yet Amazon talking about 1000. New stores in neighborhoods around the country. What we like and surveillance is people that go the extra mile to beyond with this, Kevin Guinness of Raymond James had every reason to cancel today. Because he is not in the eye of Hurricane Sally. He is in that point East, where there are truly torrential rains in the slow mo motion category two Hurricane Kevin get assuming amid torrential rains down self on the fixed income market, Kevin we're clearly in the eye of the hurricane of the fixed income market. Which way will it cut? When finally yield moves. Well, thanks a lot, Tom. Yeah, Glade Like as we called. It really had. John pointed that out. I have the building. You guys talked about the numbers and those numbers being stronger. I still feel like we're going to see this. As we move towards year end and CIA tenure that's closer to 1%, and it is 50 basis points so well, we don't have two years to move much at all. We do think we'll push it closer to 1% by the end of year. It's just going to Things to go right? I guess. In a sense they're looking for yield happened and that could happen in the next couple of months. Does the 1% 10 year yield Up some 33 bases points, which on a percentage basis is Stanley Fischer would like to mention is a huge move Does that changed the physical calculus in the nation? Well, probably not by a whole lot, but at least least you're breaking a trend lines or rangebound line back. Thinking about both the economic recovery jobs and potentially inflation on that's one of the things the feds will probably addressed today and hopefully address Other on four guidance on both rates and inflation, because that kind of forecast leads you to believe that we're going to come off the needle on inflation as well. And I think that could change. After we get past the end of the year. Hey, Kevin. Great to catch up. We'll let you go. But of a disruption on that line. Stay safe. One you and thanks for giving us your time this morning. We appreciate it. Kevin. Get us there of Raymond James on the issue for May Looking forward. Is that the federal servant policymakers, They're typically always conditioned by previous experience. That makes a lot of sense, of course, But many of the individuals on this FOMC conditioned by the experience of the previous cycle. What did they learn in the previous cycle, They all learned that you can keep rates too low for a whole lot long without inflation getting out of control. They also learned the unemployment could go a whole lot lower without inflation, lifting without those inflation pressures building and that's what they're acting on this time around. It's the conditioning of the previous psycho that is setting them up to approach this one. No questions. I think we need to get our hands around that song. Well, there's no question about that. Did you look back at the current history versus what you learned in the textbooks? John. I would say that I'm aggregate demand to based on this and you know on hell, Gurion. The always see Deem made clear today. The aggregate demand all in isn't there, but what's so so important about this is if yields go. There's a published belief they'll remain calm and collected well above 2%. John. I don't buy that for a single breath. There's going to be some real sweat if inflation starts moving up outside that comfortable band What do you think is comfortable? Tom? What do you think The comfortable band is and what you think is comfortable for Chairman Powell, Presidente Kaplan, Hocker, the rest of them. Do you think they've got their own different views on that? Yes, They have widely different views on this. And you know what's interesting. John is off the green span years. Everybody was supposed to be on the same page. Well, guess what. It's like the Bank of England. They're not on the same page. And that will be excuse me. Interesting to see what one person I'd watch is Charlie Evans of Chicago who has been exceptionally articulate about those gradations higher if we ever see it in yield. Yeah. I don't expect to see a governor King Governor County type response and let inflation go through 234% bear in mind. That was largely off the back of a currency move. I imagine you're right. Some 2.5 3 and you start here in the horse Come on Expensive stuff, but let's face it. There are no hawks left on this forum say Tom is just about the dovish spectrum and who sits where My point. Tommy's on financial stability, and I actually think the Federal Reserve is in a really tough spot.

John Tom Kevin Guinness Federal Reserve Raymond James Hurricane Kevin Bloomberg US Donna Waker New York City Hurricane Sally British Airways Stanley Fischer London Amazon FOMC CIA Charlie Evans Bank of England
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:15 min | 1 year ago

"stanley fischer" Discussed on Bloomberg Radio New York

"And I'm Karyn Moscow and U. S. Stocks are on the rise or this MP 500 up half percent or 17 point, said 33 56, The Dow Jones industrial average is up for tense for center 118 points to 27,650 the NASDAQ's Up 7/10 for center 75 points at 10,994 10 Year. Treasury Little Change Your 100.67% yield on the two year 20.13%. Nymex crude oil down about 1/10 of a percent or two cents a 37 29 a barrel Comex gold is down about 1/10 of a percent as well that a dollar 50 in 1960 to 40 announced the euro 1.1850 against the dollar. The yen in 106.12 and US consumer prices rose for a third month at August, driven by the sharpest gain and use vehicles since 1969. And consistent with a gradual pickup in inflation as the economy recovers from the pandemic induced downturn. The consumer price index rose 4/10 percent from the prior month. That's a Bloomberg business Flash toman Paul Karen Moscow. Thank you so much. We appreciate that. Well, it's not just the Federal Reserve. But we also heard from the CCB this week that it appears to be an environment where rates are lower for longer, and that seems to be all the market needs. We're looking for potentially some stimulus out of Washington may not get that. But that doesn't appear to be that much of a near term concern for these markets. Let's get a sense of What are some of the catalyst coming up for markets that we need? Be a pay attention to weaken. Do that with Cameron Christ. Bloomberg Macro strategist camera. Thanks so much for joining us. So is this just the same old, same old as we think about these markets, which is As long as central bankers around the world are going to sit on the sidelines and let rates push lower. That's all we need. Well to a degree. I think we still need to account for the economic cycle. Right now. The last few months, we would have been in the While our use the word easy, but I'll use the word reflective bounce off of the of the Koga jock. So the economy decelerated very, very sharply. Obviously, is there were lockdowns. And now is we overlap sort of 34 months, things have gradually reopened in various parts of the country. And indeed the world we've seen a recovery and not sort of helped. About a tailwind for markets. I think the interesting question is what happens if in as that Mo Mentum runs out? On we start this season. Perhaps more disappointing economic data to markets have the wherewithal to keep rally from what is, after all, historically, fairly and the levels I think that Certainly open open for debate, particularly in the context of political uncertainty surrounding surrounding the forthcoming elections. So let's let's go to that election aspect. It just feels like It's just it's not even on the front burner. I mean, it's the pandemic, its 9 11 today it feels like here we are in September and the market is Doesn't appear to be paying much attention to it. What's your sets here of how this could play out? Well, it's very difficult because frankly, I don't know what will happen depending on her way. Um you know, there there are the partisanship is so strong on on each side. That kind of no matter what the outcome. There's going to be a significant cohort of people. They're very happy. Ah, so I'm not really sure. How? How, how the market will interpret what I can't say, I think is that what everyone can probably agree on is unpleasant outcome. Is, if there is no certainty, so we have the election, and it's too close to call it comes down the postal vote. It is eminently possible on DH. There's a sort of 2000 style dispute. Ah, that drags into the into the courts again. Given the degree of partisanship, I think that would Not be taken particularly well. Karen Christ. Good morning, Tom Keen in New York. I want to talk about any elasticity or unresponsiveness of the markets. Are the equity markets less elastic? Because the yield is near the zero bound because we've just come down and down and yielding. Lines are priced to perfection. Well, you know, again. I don't think we have sufficient data to test a proposition because we haven't had sort of. Ah, stress test by Ah! Disappointing economic data. You know, it's easy to say well, obviously socks or going to the moon because rates are low. Well, guess what rates are low in Europe to the stocks are going to go. Rachel. Oh, in Japan, they aren't going to, um Show. So from that perspective, I think low rate is maybe a little bit of a red herring. I'm not suggesting that zero impact. But what I would say that it doesn't It's unlikely that low rates Khun Lift the stock market to a permanently high plateau. Fisher. Yeah, obviously opined in 1929. You know, this is really important, folks. I want to talk about Irving Fisher. Right now. This is not Stanley Fischer and we see good Say good morning. Professor Fisher of being awarded the hugely wonderful posing award from his Massachusetts Institute of Technology. Yesterday. He'll be with us. I'm sure some point, Alex still speaking with him. This morning, but Irving Fisher, no relation is basically Cameron Christ that everything's linked up together. Is it? I mean, I guess in what that's it Let's say that I think the magnitude of the rally between United States has taken a lot of people by surprise. It has sort of suddenly recaptured. The 1999 zeitgeist. So ah! Ah Equity speculation. Ah, you know the message boards of 1999 are now for the influencers. Ah, the Robin hood of of of of 2020. But you know, the fact is, is that it is a relatively narrow, cool cohort of stocks that lead the way. I'm so you know your media into your average. Equity hasn't nearly as well as those benchmark in this is what I tell you. I think that's not a particularly healthy Kevin Christ. Thankyou so much greatly appreciated too short visit. Of course, on this September 11, we greatly appreciate his perspective. Dow Up 150 SPX up 20 points as well. You know, it's not part of the story. This morning Oil 37 12 on was Texas inner media Paul. There are basically two parts of a September 11th of 19 days ago, as you mentioned eloquently earlier. There was shock of airplanes moving And then very separately, the shock. Of towers falling. Yeah, it's ah, neither of which obviously is natural, neither which we've seen before, neither of which he can really conceive of at the time and it happened. Once it happened twice. The towers fell once, then twice. And then, of course, the continue the sequence that Pentagon the you know, the symbol of power and might of this country in our nation's capital on DH, then what we saw in Shanksville, which is an extraordinary and compelling story in and of itself. You think about the people on board any actions that they took and the lives that they very likely saved with great respect to other moments in American history, the 29 minutes From 9 59 am on and across to 10 28 am truly extraordinary looking at those towers and, of course in Shanksville, Pennsylvania, I had an imagery. Of the president and the first lady. It was up on my monitors briefly here, Paul sweetie, but I believe the president is on the podium near the visitor center in Shanksville. Pennsylvania, with the tower of music that they have is well And of course, we're seeing imagery from lower Manhattan. A CZ wells dignitaries. Ah, break up after the earlier moments of silence, but still ah Manhattan moments to come. A CZ. Well, Paul, it's turned out to be a beautiful day in New York. Yeah. You know what? You know A lot of folks in a Metro New York area way we share this remembrance, which is when you see a beautiful fall day skies clear is Khun absolute B. What do you say? It's a 9 11. You do you Danny. This's so true folks yet. There's no question, Paul. What's amazing is the shift from August Not on 9 11. But in the vicinity of August 29th..

Professor Fisher Bloomberg New York United States Shanksville Paul Karen Moscow Federal Reserve Paul Karyn Moscow Manhattan CCB Treasury Cameron Christ Pennsylvania Washington
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:16 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"A billion dollars for rights to its gene therapy outside of the U. S. and on the IPO front Reuters reporting that jadis just six unit is considering an overseas IPO that could raise up to ten billion dollars and wrapping things up here three M. was race neutral at JP Morgan live from the first the breaking news desk I'm taught him a Terry Karen how Deanna thank you and your life breaking news of your Bloomberg types walk on your terminal issue you a W. K. and that's a Bloomberg business slash Tom and Paul thanks so much Paul Sweeny Mercosur's for things all things we could talk about the market bonds but there's a changing of the guard there is not Buckingham Palace exactly right the bank of England has a new governor by the name of Andrew Bailey let's find out what's in your belly is all about markets Ashworth Bloomberg opinion columnist market six which for doing this what he tells about Andrew Bailey the new bank of England governor well he's also so you kind of hands in the context of the most important part of the next few years it's probably not going to be sending interest rates for the bank of England it's going to be monitoring and helping the change all over rules and regulations and how the financial system works with me on and when it leaves the opinions and he's the guy he's being a hands on person at the financial conduct authority and for that within the financial banking system and he's even gonna he knows the most about holdovers tells all and how to set up the regulations was going to be really awhile back I'm gonna see three months ago maybe five months ago in London and an end to help my Marcus skews me help our international audience with the compared to the fed he he's not Stanley Fischer like monetary theorist and claimed academic I get that are you even Richard cleared up is he like Randy quarrels warehouse he fit into the picture the matrix yeah right because it is part of the list I mean he's the guy he's he's been looking off to the boring bets you say the prudential regulation of the banking system and kick making sure that the the font and to bank it well the script together is this the guy had been murdered king it's a lot of credit for the crucible northern rock is is into Bailey the guy that actually handled the legitimate collapse of northern rock he was the guy to make sure it didn't become a systemic problem and he's the guy he's been seen three very much go to die we're currently is the financial conduct authority slightly so that he could not with a difficult job take Ivan twenty sixteen he was the sector has than any Kenny comes the same thing you got the top job for doing such a great job over the decades and insulting crisis he's he's the guy because of the but since the detail and the and the lights on and he's universally respected by everyone within the government central banks aren T. deregulation the US markets do we know what the role the bank of England may or may not play as the brexit actually takes place over the coming months and years we we do as a thief in the absolute forefront of this he's made quite clear which is possibly one of the reasons why we chose and he's pretty keen on deregulation away from European world you want the bank of England the old stuff the start of the year to the forefront in keeping you can market two thousand we can do central not being not directed from Europe he sees clearly that the city can consent on the side I don't quite away from your PMR rules with make little sense what do you make a sterling with the with the round trip here one twenty nine oh nine while sterling we coming up we go mark I saw Marcus go along sterling like ten minutes before ten PM the night of the election and movie shot up Marcus and boy we give it all back what we have a bit of pollen this is his problem because of double strength and at the same time it's it's for the trade deal being done in a different focus on there's only four alley and then a little bit about what the proper taking squaring positions starving India look at starting compatible the rest the world currency could could be could stock market it is cheaper old relative basis I expect seventy very nice difficult yeah now look it's gonna have some mobiles if it's a practical guide because it'll that south for awhile fundamentally studies cheap some markets just real quickly on the city of London itself I remember when brexit first happened I happen to be in London there was panic of that the city of London would lose just you know it's pre eminence as a world financial center what's the thinking now that we're kind of several years past that and really getting close to brexit there's no off shore you and the Chinese army training you know I'm in the original call now the reality is the European banks the prosecution's will now need to set up in the city of London robin be relying on on having a kind European thing you see the before shifting some softer to European locations that much to be European banks just bring some of markets back on reality they'll need to keep and exist here will have to re opens up in London the city is going to be fine it's got all the markets the world because not just European to schedule a trip so yeah absolutely take Anthony from Spartan general given the I'm not sure if it's a passport I don't want to check it will to see over London Z. markers to start the new year would be a good idea one twenty nine zero seven and sterling you know what why no but that's surprises we have not had that shot off a one twenty two of the one thirty two I thought we were gonna maybe even push a little bit higher now that we got some clarity on brexit but see it coming down I think there's a lot of question about this now we actually have to get it done now I just put two and two together yes pharaoh massive log mass exactly so older it it you know it's a this is huge is all day trades around sterling I'm sorry exactly seven Dow.

Reuters JP Morgan
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:32 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"The dollar the yen is at one OO eight point six three and that's a Bloomberg business flashed on the job thank you so much as a special moment in that Mister Ferrell cut his teeth the Bloomberg in Frankford with the ECB and I say this and maybe is listening laureate Robert Shiller a Yale University in the John we look at these people and then the racket we look at their pedigree it matters how they got there Mario Draghi has one of the most magical pedigrees of any goose bumps I remember the first time I interviewed the laureate Robert solo the king of girls who read to find out we look it grows in the late nineteen fifties think of Steely Dan I. G. Y. you know all that nineteen fifty seven and then another magical name the professor shoulder would go and that is Franco Modigliani tried he is a direct descendant of the excellence of Italian economics from another time and surrounded some by the work of the likes of Stanley Fischer the the godfather of modern again motor cycle banking might say look I think he will go down as the greatest communicator central bank policy that we've ever had I don't know if anyone can ever fill those shoes if you think about what he inherited at that moment at the end the twenty eleven remind us because American listeners don't know that the eurozone economy was on its knees unemployment was through the roof and the bond market was totally totally out of control and it was a chance the axle vapor the Bundes bank of Germany got the job at the top and ended up being married okay Maria truck he walked in the first thing he had to do was unwind the two right hikes the Tricia had to live with that yet twenty eleven by higher rates twice in twenty eleven to get sick cut twice almost immediately and then he managed to address the debt crisis without buying a single bond and I think when people talk about whatever it takes in a speech in July twenty twelve whatever it takes I think we've become desensitized to those words the promise the commitment of a modern central bank to be that to pack things up to make sure that re denomination risk diminished that was something the sea beyond the tree so I could not do and president druggy took home the Bundes bank Tom anyone and I think that'll be his lasting legacy of the really well said is well and I would also suggest he did it with the template absolutely original for Americans to understand the fractious linkage of monetary and fiscal economics in Europe makes it original when he was doing this it was not like was for chairman Bernanke will have much more on this were an hour and fifteen minutes away from the druggie conference right now you either love him or hate him Gordon Johnson with this for two brief few minutes here I'm tell slow the market is the mop Mr Johnson of G. L. J. research is less than four months Gordon just because of time is so short what is a single distinctive accounting feature that still gives you pause about fortress mosque yeah I think you know with respect to accounting I think it's the cash flow and specifically just under four hundred million in free cash flow but you know accounts payable up three hundred and thirty four million and also be cap backs right if you look at their guidance they just about a month or two right for cap ex they were guiding them roughly six hundred million they came at two hundred million four hundred million a cat cap backs free cash flow if you can adjust that to what mere mortals would report how what how far down would free cash flow come it would be negative I think you know would be roughly you know a hundred to two hundred million negative and free cash flow so yeah that that's where we'd be going to miss a similar story twelve months ago I'm sorry what did we see a similar story which has the twelve months ago that is a great point we saw the exact same thing but here's the thing their earnings this time around right it's it's roughly half of what they did in Q. three of two thousand eighteen and also guys keep in mind they cut their for your guys right there for your guys is three hundred sixty four hundred thousand cars they're now saying they're aiming to do about three hundred sixty thousand revenue growth down roughly eight percent and yet they're trading at four hundred times next year's earnings that this isn't these are good numbers this is euphoria so you'd sell this golden I know you'd sound this you had a selling the stock forever since I've known you talk to me about when this starts to go wrong again and what you're looking for in the coming few months yeah that's a good question so what we're looking for the coming few months is you know China sells right so they're they're big growth opportunity based on what they're saying is in China right China easy cells were down roughly twenty seven percent in September after falling sixteen percent in all this test was looking to sell a hundred and fifty thousand cars per year right now the man for the car there's roughly forty to fifty thousand cars for years so we're looking to see trends in China I think that's going to determine the way this thing goes I think that'll be the catalyst to sort of this that we got to get you in the studio according to give us a much longer view thanks go Dancin G. O. J. research and the yeah yeah I I he was he was the starting tomorrow here and he's just the fault of the dynamic numbers he's got the accounting or something stocks flyin out this morning five three oh one three or the mother of all short squeezes right now up eighteen percent yeah I I would I would guess that what I would say is there's massive support if two hundred dollars and we're nowhere near that this morning futures of six down for ages of.

"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Described as an imminent Aronian drone strike I'm having pain and I'm Susanna Palmer from Bloomberg world headquarters G. seven leaders including president Donald Trump have been arriving in Biarritz France today for two days of talks and protesters have been trying to get as close as possible as well over and they own about five miles from the arts and there was a brief moment when things turned a nasty for those gathered to protest the economic and climate policies of some of the world's richest and most powerful nations French police deployed water cannons and tear gas to disperse the crowd more and more damage done to the global economy is being laid at the feet of the U. S. and president Donald Trump Bloomberg economy reporter Michael make he was in Jackson Hole Wyoming for the gathering of fed officials this week he says after trump compared federal reserve chairman Jerome Powell to Chinese president xi gin paying asking who was the bigger enemy of the US some participants in Jackson Hole could not stay silent former fed vice chairman Stanley Fischer said the world cannot ignore the fact that a global economic slowdown is the fault of the president of the United States but he says more than one person is spoke to at the symposium said the slowdown might give the president what he wants lower interest rates but at the cost of a US recession Walmart isn't the only corporation that has seen its Tesla solar panels catch fire yesterday Amazon dot com said a June twenty eighteen blaze on the roof of one of its warehouses in Redlands California involved a solar panel system that test was solar city division had installed news of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla accusing it of shoddy panel installations that led to.

Walmart Amazon vice chairman chairman fed reporter Donald Trump Bloomberg world Tesla Redlands California Susanna Palmer United States Stanley Fischer Jackson Hole Jerome Powell Jackson Hole Wyoming
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"I'm Susanna Palmer from Bloomberg world headquarters G. seven leaders including president Donald Trump have been arriving in Biarritz France today for two days of talks and protesters have been trying to get as close as possible as well over in bay on about five miles from the arts and there was a brief moment when things turned a nasty for those gathered to protest the economic and climate policies of some of the world's richest and most powerful nations French police deployed water cannons and tear gas to disperse the crowd more and more damage done to the global economy is being laid at the feet of the U. S. and president Donald Trump Bloomberg economy reporter Michael make he was in Jackson Hole Wyoming for the gathering of fed officials this week he says after trump compared federal reserve chairman Jerome Powell to Chinese president xi gin paying asking who was the bigger enemy of the US some participants in Jackson Hole could not stay silent former fed vice chairman Stanley Fischer said the world cannot ignore the fact that a global economic slowdown is the fault of the president of the United States he says more than one person he spoke to at the symposium said the slow down might give the president what he wants lower interest rates but at the cost of a US recession Walmart isn't the only corporation that has seen its Tesla solar panels catch fire yesterday Amazon dot com said a June twenty eighteen blaze on the roof of one of its warehouses in Redlands California involved a solar panel system that test was solar city division had installed news of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla accusing it of shoddy panel installations that led to fires at more than a half dozen stores global news twenty four hours a day on air had it checked out on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg pretty.

Amazon vice chairman chairman fed reporter Donald Trump Bloomberg world Bloomberg Twitter Tesla Redlands California Susanna Palmer Walmart United States Stanley Fischer Jackson Hole
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Colonists I am in hand and I'm Susanna Palmer from Bloomberg world headquarters G. seven leaders including president Donald Trump have been arriving in Biarritz France today for two days of talks and protesters have been trying to get as close as possible as well over in bay on about five miles from there it's a there was a brief moment when things turned a nasty for those gathered to protest the economic and climate policies of some of the world's richest and most powerful nations French police deployed water cannons and tear gas to disperse the crowd more and more damage done to the global economy is being laid at the feet of the U. S. and president Donald Trump Bloomberg economy reporter Michael make he was in Jackson Hole Wyoming for the gathering of fed officials this week he says after trump compared federal reserve chairman Jerome Powell to Chinese president xi gin paying asking who was the bigger enemy of the US some participants in Jackson Hole could not stay silent former fed vice chairman Stanley Fischer said the world cannot ignore the fact that a global economic slowdown is the fault of the president of the United States he says more than one person is spoke to at the symposium said the slowdown might give the president what he wants lower interest rates but at the cost of a US recession Walmart isn't the only corporation that has seen its Tesla solar panels catch fire yesterday Amazon dot com said a June twenty eighteen blaze on the roof of one of its warehouses in Redlands California involved a solar panel system that Tesla's solar city division had installed news of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla accusing it of shoddy panel installations that led to fires at more than a half dozen stores global news twenty four hours a day on air had it checked out on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg.

Amazon vice chairman chairman fed reporter Donald Trump Bloomberg world Bloomberg Twitter Tesla Redlands California Susanna Palmer Walmart United States Stanley Fischer Jackson Hole
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"He believes that Jim Johnson and I'm Susanna Palmer from Bloomberg world headquarters Jeez seven leaders including president Donald Trump have been arriving in Biarritz France today for two days of talks and protesters have been trying to get as close as possible as well over in bay on about five miles from the arts and there was a brief moment when things turned a nasty for those gathered to protest the economic and climate policies of some of the world's richest and most powerful nations French police deployed water cannons and tear gas to disperse the crowd more and more damage done to the global economy is being laid at the feet of the U. S. and president Donald Trump Bloomberg economy reporter Michael make he was in Jackson Hole Wyoming for the gathering of fed officials this week he says after trump compared federal reserve chairman Jerome Powell to Chinese president xi gin paying asking who was the bigger enemy of the US some participants in Jackson Hole could not stay silent former fed vice chairman Stanley Fischer said the world cannot ignore the fact that a global economic slowdown is the fault of the president of the United States he says more than one person is spoke to at the symposium said the slow down might give the president what he wants lower interest rates but at the cost of a US recession Walmart isn't the only corporation that has seen its Tesla solar panels catch fire yesterday Amazon dot com said a June twenty eighteen blaze on the roof of one of its warehouses in Redlands California involved a solar panel system that Tesla's solar city division had installed news of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla accusing it of shoddy panel installations that led to fires at more than a half dozen stores global news twenty four hours a day on air had it took took on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg.

Walmart Amazon vice chairman chairman fed reporter Donald Trump Bloomberg world Bloomberg Twitter Tesla Redlands California Jim Johnson United States Stanley Fischer Jackson Hole
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:34 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Topics president trump is tweeting at north Carolina's governor saying Democrat Roy Cooper made a bad decision when he vetoed legislation that would have made sheriff's cooperate with federal immigration officers in Hong Kong more protests this weekend broken up by police with tear gas it's dark in Asia now but more protests are expected in the morning I'm Jan Johnson and I'm Susanna Palmer from Bloomberg world headquarters G. seven leaders including president Donald Trump have been arriving in Biarritz France today for two days of talks and protesters have been trying to get as close as possible as well over and they are about five miles from the arts and there was a brief moment when things turned a nasty for those gathered to protest the economic and climate policies of some of the world's richest and most powerful nations French police deployed water cannons and tear gas to disperse the crowd more and more damage done to the global economy is being laid at the feet of the U. S. and president Donald Trump Bloomberg economy reporter Michael McKee was in Jackson Hole Wyoming for the gathering of fed officials this week he says after trump compared federal reserve chairman Jerome Powell to Chinese president xi gin paying asking who was the bigger enemy of the US some participants in Jackson Hole could not stay silent former fed vice chairman Stanley Fischer said the world cannot ignore the fact that a global economic slowdown is the fault of the president of the United States he says more than one person is spoke to at the symposium said the slowdown might give the president what he wants lower interest rates but at the cost of a US recession Walmart isn't the only corporation that has seen its Tesla solar panels catch fire yesterday Amazon dot com said a June twenty eighteen blaze on the roof of one of its warehouses in Redlands California involved a solar panel system that Tesla's solar city division had installed news of the Amazon fire comes just three days after Walmart dropped a bombshell lawsuit against Tesla accusing it of shoddy panel installations that led to fires at more than a half dozen stores global news twenty four hours a day on air added tictoc on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg.

Amazon vice chairman chairman fed reporter Donald Trump Bloomberg world Bloomberg Twitter Tesla Redlands California Walmart United States north Carolina Stanley Fischer Jackson Hole Jerome Powell
"stanley fischer" Discussed on KLBJ 590AM

KLBJ 590AM

03:50 min | 2 years ago

"stanley fischer" Discussed on KLBJ 590AM

"U. S. economy the federal vice chairperson Stanley Fischer says America's economy could be sluggish for a very long time with low interest rates partly to blame let's check in with investment adviser Catherine Austin Fitts from salary dot com Catherine do you agree with his statement that the low interest rates for the reason that we're having a sluggish economy no jurors I think I think actually is that a group of people of which Mister Fisher is one of the more than centralizing economy for decades in a way that shutting it down so a you know is that the whole world is debating what model we're going to be run on and Mister Fisher is part of a group of people who want to centralize it into what George H. W. bush used to refer to is tighter and writer hands and it's not working and people are getting in a very frustrated and upset because they see their productivity being destroyed fourth quarter very important a retail establishments this Christmas season any feeling for George it depends on whether we get over the elections are not you know that the elections are going to turn this into a Scrooge so I'm you know I I think we're gonna be sluggish okay Johnson thank you will check in with you later Catherine Austin Fitts was just with us just a short while ago in our studio in Los Angeles target stores say they have removed some clown masks from stores and online due to the recent rise of crazy clown skaters a recent craze that has gone to social media showing people wearing creepier scary looking clown massing going up to people to scare the living daylights out of them that's the reason target has decided to pull those masks conventional medical wisdom has long held that the placebo or fax depend on patients believe they're getting active medication will a paper published in the journal pain is the first to demonstrate that patients who knowingly took a placebo that's like a pill with nothing in it in conjunction with traditional treatment for lower back pain saw more improvement than those given traditional treatment all by themselves strange story over the weekend the conspiracy theorists text is mother to say if anything happens to me investigate just days before his mysterious death Max spears thirty nine years old father to two was found dead on a sofa in Poland where he had gone to give a talk about conspiracy theories in UFOs he was role of died from natural causes despite no autopsy examination being carried out on his body strange story there two Chinese astronauts began the country's longest crude space mission yeah blasting off on the spacecraft for a thirty day stay on experimental space station as China navigates its way to becoming a space super power and watch out on Wednesday October nineteenth a European USP agency probe called chaparral equal peer shoot to the surface of Mars following a fiery plunge through the atmosphere will be on top of that story and as you know several times a month we highlight podcasts people who are very talented who have had little shows on on their own podcast about the paranormal and the unusual tonight we highlight anything go Cheryl she was laying in my bed under the blanket when we talk to her have you seen the girl lately yes and you describer her hair she sat up and touched my hair then my cousins here both dark at the time and half long and she said my mom.

Stanley Fischer America thirty nine years thirty day
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:37 min | 2 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"Not lead to prosperity and so what we have today his confidence is being undermined you seated investment spending this is starting to hit the economy as a whole and it's starting to reflect itself in markets we also have the particular issue that if there were to be a recession it's not clear at all what the policy response would be the problem of being out of ammunition I think as an additional concern to markets and is an additional explanation why we see these extreme movements in the yield curve and interest rates general crock blackrock investments she has a wonderful paper out cold in a dealing with the next downturn from unconventional mock unconventional monetary policy to unprecedented policy coordination now one of the authors is also Stanley Fischer a former fed again does the inverted yield curve have an impact on central banks and the markets worry about central banks inability to deal with it desserts for politicians to spend money the point of the paper here is that more of the same in terms of monetary policy is unlikely to be an appropriate response if we get into a recession or sharp slowdown to the questions what comes next and I think that what we're facing is there's no framework at the moment it is not at all clear with central banks would do particularly those that are already at the at the zero lower bound to deal with a situation like this so what we're proposing is the next step has to be something else than just more of the same something that goes into the direction of essentially what we call going direct which would be ways of putting money into the pockets of consumers corporate Sarek clean orders spend so to go around the interest rate channel as opposed to the traditional central banking.

blackrock investments Stanley Fischer Sarek
"stanley fischer" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:53 min | 3 years ago

"stanley fischer" Discussed on Bloomberg Radio New York

"To deepen output cuts and held most of those gains after the a reported bigger stockpiles than had been anticipated west Texas intermediate crude up now by two point one per se. Percent. Black rock is enlisting a former vice chairman of the Federal Reserve to help bolster its investment analysis across asset classes Stanley Fischer who resigned from the central Bank in October twenty seventeen will join the black rock investment institute. As a senior adviser recapping stocks higher SNP up five up two tenths of one percent. I'm Charlie Pellett. And that is a Bloomberg business flash. Thank you, Charlie. We've got a lot going on clothing some conversation from the president at the White House who says he's giving the border deal Bill a very serious. Look he also says he's going to look for land mines in that funding. Bill said a shutdown would be terrible. And he doesn't wanna see one. He also says he thinks the China talks are going along very well right now, he's meeting with the president of the Republic of Colombia, Yvonne, Duquet marquess and the first lady is there as well. And we'll be going to the president's soon who is at the White House. We're going to wait for that. For just a moment. In the meantime, we are going to have a conversation on the China talks. We will figure out exactly what is going on with the conversations concerning trade, the President Donald Trump has you've heard says he's extent open to extending to March first deadline to raise the tariffs on the line with us as Andromeda Bloomberg news global economy reporter, Andrew I've been going back in my mind trying to listen over again to all of the pundits have been talking about this. And I can't find anyone who actually thinks anything of substance is going to come out of this talk, these talks that it'll be mostly just show. Is there anything of substance that can happen here? Well, it depends on your perspective. I think there is a deal on the table. What's kind of been called in some quarters a skinny deal between the US and China on trade that would involve China following through on some of the promises. It's made to buy more American goods that involves things like soybeans things like. You know, maybe make some aspirational commitments to change its state driven economic model make some changes to its IP policy. But if people are looking for a deeper structural reforms by the Chinese, I think that type of commitment, we'll take long Andrew we have the president of the United States from the White House talking with his guests at the White House, whether they are number of solutions a number of different options, and we look at all options. Are you thinking intending through never? Never talk about that..

president Charlie Pellett White House China Bloomberg black rock investment institut Stanley Fischer vice chairman west Texas Federal Reserve Andrew senior adviser Andromeda Bloomberg Donald Trump Colombia United States reporter one percent
"stanley fischer" Discussed on WZFG The Flag 1100AM

WZFG The Flag 1100AM

08:35 min | 3 years ago

"stanley fischer" Discussed on WZFG The Flag 1100AM

"We'll continue our conversation with Dave on the threat of Islam to our nation. Go right ahead. Dave. Well, they'll tell you that Islam is a religion of peace, and it's a quasi I lie. It's a big lie, but it's a clause. It is not a religion of peace and tell the whole world Islamic or Muslim until that time. It has war. That's part of the Korean. That's what it says. He will fight the infidel and tell the whole world is Islam, then we will have peace. So they'll say, it's a religion of peace. Yes. It's religion fees for all of us infidels. It'd be the converter to become slate. Muslim foot baths, for example, being a solid airport. Facilities that's in compliance with surreal. American prisons are strongholds Zomig proselytizing. Workplaces are being made Slavic worship sites special rooms, we talked about that already Islamic refugees bring all of their wives for welfare medical treatment to America. We had some that came here and said that this was their wife or their cousin and so forth, the chain migration and found out. They weren't even related so that's an issue with immigration as well. And by the way, remember they are told they must immigrate intern on Muslim countries. Remember that? So some of the things that people don't understand about sharia and Islam is I said before it's anti-constitutional, but how is an anti-constitutional number one. There's no freedom of religion. You either have to believe in Islam, or you're an infidel and infidels must either convert become a slave or kill. There's no freedom of speech. You cannot speak out against Islam or Mohammed or you can be killed. There's no freedom or expression of your thoughts because they cannot contradict grams. There's no freedom of artistic expression. There's no freedom of the press. There's no equality of people non-muslim is always inferior neck all the Chafer, by the way to any Muslim and women are inferior to their men, even if they're Muslim there's no equal protection under shariah law. Justice dualistic that's contrary to what constitution says with one set allows Muslim males different set of laws Muslim, women and non Muslims. There's no equal rights for women, obviously. And you've seen in the newspapers even have genital mutilation. Our they collect tourists. The woman. Women can be beaten and Muslim cannot bear arms. That's a big one for me. I will continue their my arts. No matter what they say. There's no democracy since democracy means that non Muslims are equal to muzzle and our constitution. They say is manmade document of ignorance, and it must submit to sharia and non Muslims I called him as that's three class citizens. All governments must be ruled by sharia law. That's part of the Korean. I'm like common law. Cherie is not interpreted, nor can it be changed. So what did I just say, basically, say everything that sharia law and Islam stands for is against our constitution against our culture against our religion here in our faith that says you can be any religion, you want you provided that you're not trying to destroy the country that you're living in another thing is they are told not to assembly. So they don't assimilate. That's why you get the waves that we have a Hamtramck and in Detroit suburbs. So we have a huge problem. And I think one of the solutions is. The first of all the Muslim Brotherhood was formed in nineteen twenty eight and they've been alive and well forming all these other organizations like CAIR in this myself, but there are several countries Egypt United Arab they weren't since several others that have labeled the Muslim Brotherhood a terrorist organization. That's what Trump needs to do. This is going to any Gilman frontlines of freedom. We're talking about the challenge of Islam in the United States with Dave Asia. Dave that sounds like a call to action. It sounds like we need to know this. But more than that, we need to do something about it. And that probably means getting active by communicating with our elected officials in our president. Is that a safe bet it is? But also parents in your schools, if they're teaching the five pillars of Islam, you need to stop it because it's a quasi lie. They just teach five things that sounds similar to scripture. But it's not when you dig into the Koran and the sooner. And there's three things it depends on the crane as soon, I'm what am Hamad said. And did in his biography was in the Korean. That's the three things I basically based their faith, by the way. It's only fourteen percent religion is ninety six percent how you should live. I used to be politically how used to treat infidel and how you should treat your wives and so forth. It's not much religion. And quite frankly, most of your Moscow radicalization centers in the United States. So I haven't you with my being identified where people radicalized and they're still open. They should be shut out. So you need to contact your congressman you need to pass things. Like American law for American courts, though, I had him when I was a state Representative which says judges will not use for law court of law. It causes you lose your constitutional rights, and all the Democrats, and some Republicans who are ignorant about Islam fought that should we don't need it when you do need it. 'cause we've already had cases where for example, a woman wants to get a separation from her husband because he keeps beating her here in the United States. But he goes to the court and says, according to my faith, I can. Pete my wife, so the judge looks at the Sri Lanka. Sure enough. You can beat your wife case dismiss so she has to go to the next higher court to get us on out. We need stuff like American law from earn courts to stop that. We also need to stop any kind of immigration from terrorist nations. I think that's just asking for trouble. We have ISIS coming in every state of the union, according to general boykin, he told me during every state of the union just waiting. So it's definitely an issue that has to be dealt with its security is at stake, and it's our constitution at stake, and they're willing away at it the best we can. And since we veterans fought to fend the constitution the constitution that's at risk. And if we let it get whittled away eaten away the future is black not dark. It's horrible. And that's why I'm so is that's why I to David on because he can articulate it as well as anybody. I know and there's a call to action here folks, if you're a citizen, you got kids in public schools or private schools know, what they're teaching no his. On the board. What they think's appropriate know who your elected representatives are particularly federal level for dealing with this. But also at the state level is this goes on at the state level two doesn't Dave. Absolutely. And people got to know the Koran says that the Kafer, that's you and me the infidel may be deceived plotted against hated enslaved mock tortured and killed folks. I have problems with what would happen if somebody like Stanley Fischer said, I think all Muslims should be killed. Muslims can have on their Koreans and say, it's a religion fees. Exactly what it says that they can kill me as an infidel. I have issues with that. And I don't think you're saying that all individuals who are Muslims feel this way. We're not attacking individuals. But this is the consistent theme of the religious movement of Islam. Am I safe you're saying, you're correct? If a Muslim is a true Muslim and a true believer in believes the Koran is the way you should live in the sooner they should live like mom. Then they are terrorists. But there are some that came here to get away. From that matter of fact, I had one woman come at the capitol when I was putting out my American law for American courts Bill, and she spoke against her because she knows what it was like live underneath I suspect. She said a few death threats as a result of that. Because you can't leave that faith without getting the death threat, by the way, I'm on tears quasi hit list. I think one point I was number fifteen or sixteen on that list to take out. I have issues with that too. What would happen if I made a list of Muslims, I want to take out postal. That's just crazy. That's the kind of stuff that goes on in American. We just tolerated tolerance is exactly what Islam thrives on people. Have gotta know that in for the last fourteen hundred years, we know that they have killed hundreds of millions of people at least sixty million Christians eighty million Hindus ten million Buddhists hundred twenty million Africans that equals two hundred and seventy million. But those numbers are low some people say it's closer to four hundred million have been killed my Islam. So it's not our friend. It's here to try to take us over. You gotta be wise. You can't be ignorant. And when you see it being taught your schools stand up, stop it. Write your congressman like the president making the Muslim Brotherhood a terrorist organization and stop immigration from terrorist countries. Well, said my friend, David thank you. Thank you for taking time to join us today. Thank you for your service to our nation in uniform, but your service to our nation now, I appreciate your brother. My pleasure. Next frontlines of freedom. We'll discuss the December movie of the month. Was Diane Raver then opened our weekly mail back. Gillem groups it's time for one arm. Push-ups start with a dozen with each arm, then standard ease. The do..

Muslim Brotherhood Dave Asia United States David congressman president Mohammed America intern Hamtramck Stanley Fischer Cherie CAIR Diane Raver Trump Gilman state Representative Hamad boykin
Families of Missouri 'duck boat' sinking victims sue tour company

Tony Katz and the Morning News

02:37 min | 3 years ago

Families of Missouri 'duck boat' sinking victims sue tour company

"Fox News fair and balanced Muggy tree w IPC mobile news on the level, on the go Why the governor says he, wants a hate crimes. Law showers on. Radar at sixty five, now rain and seventy four. Your, high today I'm c. j.. Miller here's what's trending at seven oh to a. Groundswell of support and certainly the governor's statement today was really welcome Lindsey, mints with the Indianapolis Jewish community Relations Council following service last night a congregation charade to feel in Carmel were. Nazi symbols were spray painted on the property sometime over the weekend now there's a twenty five hundred dollar. Reward leading to, the arrest and conviction of those who did it the, governor says if you commit a. Crime against someone based on discrimination you should get a tougher sentence. I think it's long overdue that we move forward as a state and that's why the. Governor. Is calling, on your state lawmakers to pass a heat crimes Bill next year a drunk driving arrest over the weekend. Is why a local police chief is no. Longer on, the, job Stanley Fischer's police chief Mitch Thompson has resigned three days As after his drunk driving. Arrest mayor Scott fatness says he and the chief. Agreed that Thompson could no longer lead the, department STAN Lear Ninety-three. WABC mobile new. Lawsuit for one hundred, million dollars could put the. Duck, boat industry out of business. Says attorney Robert mongoloid he's representing members of the. Coleman family of indi who died when a duck boat sank in Branson, Missouri since nineteen ninety nine there have been forty two deaths associated with duck boats you says the Coleman family. Losses were preventable but the companies refused to remove canopies the trap people inside killing seventeen people when the. Boats turned over, nearly two weeks ago after having the day off yesterday, colts quarterback Andrew luck and the. Rest of the team will be back at practice this morning I'm. Kevin Bowen in Westfield Andrew locks throwing schedule for the week we'll have him tossed him. Balls. And team, drills on Tuesday and Wednesday before taking Thursday off and returning to throw on Friday night the colts are. Still without left tackle, Anthony Costanzo though and. Starting safety Clayton. Gathers, Emily cooker remain on the teams physically unable. To perform, list Kevin Bowen Ninety-three WABC mobile news and taking revealing photos of a woman at WalMart is what two minute Westfield are accused of doing. I'm John Herrick and it happened at the WalMart on one hundred fifty I street just before noon. July twenty third the Westfield, police department. Says one of the men followed a woman through the WalMart and took the photo of her when, she leaned over and another. Man was with them if you have any information be. Sure to call Westfield, police to see.

Westfield Walmart Colts Kevin Bowen Mitch Thompson Wabc Fox News Coleman Family Scott Fatness Stanley Fischer John Herrick Andrew Luck Indianapolis Jewish Community Carmel Miller Lindsey Stan Lear Branson Missouri