17 Burst results for "Stephen White"
"stephen white" Discussed on Bloomberg Radio New York
"Think for the markets that are open, they're taking a positive tone, let's hear more about the Asian trading day now with Bloomberg's Brian Curtis in Hong Kong. Vonnie, thanks very much. It's kind of two stories today. The market's coming back from holiday and making up for some of the gains that we saw earlier in the week. And then the reaction to the earnings today, which has a little bit more of a sober feel to it. We'll get to the earnings in just a few moments. The Nike at the moment up about a tenth of 1% the ASX 200 is trading down after a hot inflation reading there. The thinking is that the reserve bank of Australia may be a little more hawkish now and we may see a rate hike in the next meeting. We also saw the Aussie gains. So that's consistent on higher rates as well. The Australian dollar now trading at 70.88 U.S. cents. And yes, for the markets that had been closed, the cost is up 1.4% and Samsung has raised two point 7% higher this morning, and that's even after Texas Instruments suffered its first sales decline since 2020. After the closed Microsoft's profit top estimates, but it was complicated, will tell you that story in just a moment. During the regular session on Wall Street, the S&P 500 was flat and the NASDAQ traded down about three tenths of 1%. Bitcoin still firmed 22,500 gold at $1955 at Troy ounce. Dug over to you. Thanks, Brian. Let's take a closer look now at the story on Microsoft, the company did report after the bell earnings for the last quarter above estimates, and they indicate strong growth in the Azure cloud computing business, sales were up 38%, seem to mark a little bit of a bright spot for Microsoft in what was and otherwise lackluster quarter given that big drop in sales related to PC software and video games, but then the trouble came on the call with analysts when the company gave a gloomy outlook for Azure revenue growth going forward. Here's Bloomberg's dean Abbas. Microsoft chief financial officer Amy hood gives a forecast. One of the things that she said was that the Azure number came out of the December quarter in the mid 30s, which is a little bit lower than what they reported for the whole quarter. And that from that lower point, it would decelerate a further to 5 points in the current quarter. So that worried people. Then she also started discussing the company's commercial business, which increased about 20% in the first half of Microsoft's fiscal year because their fiscal ended the end of June. And she said that that picture would look would deteriorate as well in the second half of Microsoft fiscal year. That is Bloomberg's team to bass, and there was a lot of volatility in Microsoft shares in late trading at the high point, a gain of little more than 4%, but we also saw a drop at the low point something that was greater than 1% to the downside. Well, equity strategists say the next few weeks could tell us whether corporate America remains strong or is starting to slump. City, chief investment strategist, Stephen Whiting, expects to see earnings take a significant hit despite some rosy estimates. It looks so much in the analysts earnings estimates. Like the fourth quarter was the recession. And here we are sitting in the recovery. And it actually looks a little bit like that in financial markets. And it would be wonderful if that were really the truth. If we weren't just on the leading edge of the hit that we're going to have in profits. And of course, how markets traded last year are not anticipating this to be, you know, some kind of profit Nirvana. We don't have 20% declines. Something. That city chief investment strategist, Stephen Whiting. When it comes to U.S. stocks, Whiting is overweight on pharmaceuticals. At the same time, cities head of Asia strategy is overweight on Chinese equities and bullish on the yuan. Now, one of the big stories in the states we've been talking about it over the past 24 hours and now we can tell you it is official. The U.S. government is suing Google. We have more from Bloomberg's and Kate's in Washington. The Justice Department and 8 U.S. states are suing alphabet's Google. They say the company has an illegal monopoly on digital advertising, and they want to break up the business. It's the Biden administration's first major case challenging one of the largest U.S. tech companies. It's also one of the few times the Justice Department has called for the breakup of a major firm. The last time it dismantled a company was the bell telecom system in 1982. In Washington, I'm Ann Kate, Bloomberg daybreak, Asia. Thank you, Ann, and we're seeing Google respond to those allegations from the U.S. government, the company is saying the Justice Department is, quote, doubling down on a flawed argument. Google is comparing these charges to a similar suit brought by Texas, which it called unfounded. 7 minutes past the hour, good time to update global news. We begin with the U.S. in Germany, the
"stephen white" Discussed on Bloomberg Radio New York
"Yeah, nice to have you back in the office. You've been on holiday there in the lion city. Yeah, you're back up and running and so is the straits times of the index popping about 1% right out of the gate as the market there plays a little bit of catch up as some of the lunar new year festivities that begin to wind down will still have market holidays today in Hong Kong on the mainland in China, Taiwan and Vietnam. We have South Korea back online after a break in the Cosby is rallying to the tune of about 1.4%. Short while ago, we had some inflation data at the retail level for Australia with CPI accelerating at the fastest pace in 32 years in Q four. Trim mean is up about 1.7% that's quarter on quarter above estimates and the overall index rising Q on Q by 1.9%. So needless to say, this is a boosting expectations that we're going to get an RBA rate hike next month. That had been debated earlier and with that, we're seeing a little bit of weakness right now in Australian shares with the ASX 200 down about a half of 1%. We've got the nikkei holding onto a slim gain. Let's call it two tenths of 1%. Stateside seem to be a little fatigue in the equity market after that big rally in the Monday session, a lot of earnings news to talk about after the bell, the Microsoft story was a big one. We'll go into that in greater detail momentarily. We also heard from Texas Instruments, TI suffering its first drop in sales since 2020 and the chip maker with a lukewarm forecast for the current quarter shares were down about a half of 1% in the late U.S. session. I'll take another look at the market action for you in about 15 minutes, right? All right, thanks very much, Doug. Yes, let's dig in more deeply now on Microsoft. It reported earnings above estimates the results showing strength in the Azure cloud services business, sales jumping 38% in the last quarter that was slightly more than expected, and it marked a bright spot in an otherwise lackluster quarter for Microsoft given the slump in sales related to personal computer software and video games. But then on the call with analysts later, Microsoft gave a gloomy outlook for Azure's revenue growth. We heard earlier from Bloomberg's Dina bas. Microsoft's chief financial officer Amy hood gives a forecast. One of the things she said was that the Azure number came out of the December quarter in the mid 30s, which is a little bit lower than what they reported for the whole quarter. And that from that lower point, it would decelerate a further to 5 points in the current quarter. So that worried people. Then she also started discussing the company's commercial business, which increased about 20% in the first half of Microsoft's fiscal year because their fiscal ended the end of June. And she said that that picture would look would deteriorate as well in the second half of Microsoft fiscal year. And see it the CFO saying to expect more layoff announcements as well. Microsoft shares earlier up more than 4% declining about 1% after the forecast. Thank you, Brian, equity, strategists say the next few weeks could tell us whether corporate America remains strong or is starting to slump. City chief investment strategist, Steven Whiting expects to see earnings take a significant hit despite some rosy S moot estimates. It looks so much in the analysts earnings estimates. Like the fourth quarter was the recession. And here we are sitting in the recovery. And it actually looks a little bit like that in financial markets. And it would be wonderful if that were really the truth. If we weren't just on the leading edge of the hit that we're going to have in profits. And of course, how markets traded last year are not anticipating this to be some kind of profit Nirvana. We don't have 20% declines. Something. Now that's cities chief investment strategist Stephen Whiting. When it comes to U.S. stocks, Whiting is overweight on pharmaceuticals. At the same time, cities head of Asia strategies overweight on Chinese equities and bullish on the yuan. More now on the U.S. government suing Google, we get details from Bloomberg's and Kate's in Washington. The Justice Department at 8 U.S. states are suing alphabet's Google. They say the company has an illegal monopoly on digital advertising, and they want to break up the business. It's the Biden administration's first major case challenging one of the largest U.S. tech companies. It's also one of the few times the Justice Department has called for the breakup of a major firm. The last time it dismantled the company was the bell telecom system in 1982. In Washington, I'm Ann Kate, Bloomberg daybreak, Asia. And thank you, Ann for that. And we're seeing Google respond to those allegations from the U.S. government, the company says the Justice Department is, quote, doubling down on a flawed argument. Google is comparing these changes to a similar suit brought by Texas, which it calls unfounded. And this was out during the regular session, Google traded down there about 2.1% in New York. All right, the time is 6 minutes past the hour. It's time for world news. The U.S. and Germany are poised to break
"stephen white" Discussed on Bloomberg Radio New York
"Are they telling you about what we can expect in Asia? It's going to be an interesting day. Brian stateside, I think it's fair to see a little bit of fatigue may have set in after that solid rally in the Monday session. You know this flow of earnings now seems to be in full force. The outlooks are perhaps even more important because we're stuck with a situation where perhaps we're looking at a recession down the road after the bell we heard from Microsoft will take a closer look at that momentarily. We also heard after the bell from Texas Instruments TI suffering its first drop in sales since 2020 and the chip maker also gave a tepid forecast for the current quarter, though shares right now very little change in the late session. Now in terms of economic news, U.S. business activity contracting for a 7th straight month, though at a more moderate pace, we had yields lower today across the curve particularly at the long end, the ten year down 5 basis points to three 45. And then if you look at that equity trade, the Dow higher by three tenths of 1%, but the S&P slips a tenth of 1% and the NASDAQ comp Brian down three tenths of 1% today. All right, Doug, let's take a closer look at Microsoft those earnings out. Second quarter profit topping analyst estimates, we get the details for Bloomberg's Charlie pellet. The software giant was helped by strengthen its Azure cloud services business, even as demand slumped for personal computer and corporate software. In Microsoft's closely watched cloud computing business, sales gained 38% compared with predictions for 37% increase, excluding the impact of currency fluctuations last week, Microsoft said it was firing 10,000 workers in the past quarter the software giant's growth engines have faltered as corporate customers became warier of spending in an uneven economic environment. In New York, Charlie Bloomberg daybreak Asia. Thank you, Charlie will, equity strategist, saying the next few weeks could tell us whether corporate America remains strong or is beginning to slump. The chief investment strategist over at Citi is Stephen Whiting he's expecting to see earnings take a significant hit despite some rosy estimates. It looks so much in the analysts earnings estimates like the fourth quarter was the recession. And here we are sitting in the recovery. And it actually looks a little bit like that in financial markets. And it would be wonderful if that were really the truth. If we weren't just on the leading edge of a hit that we're going to have in profits. And of course, how markets traded last year are not anticipating this to be some kind of profit Nirvana. We don't have 20% declines. That is cities investment strategist, chief investment strategist, Steven Whiting. Now when it comes to U.S. equities Whiting is overweight, pharmaceuticals, and at the same time, if you look at the Asia Pacific region, cities head of Asia strategy is overweight, Chinese equities and very bullish on the yuan, Brian. And we're seeing signs of strength dug in some developed markets, data out of Europe, for instance, showing the private sector unexpectedly returning to growth. S&P globals flash manufacturing index rose to 50.2 in January. That's the first time the gauge has pointed to growth since June. Eric Robertson is chief strategist at standard charter. We're seeing upside surprises in the data. This feared recession, the food, and energy crisis, which was so talked about last year, is just turning out to be less threatening than expected. And so I think there's a very good case for Europe to at least outperform some of those really downbeat expectations. Robertson says the situation in Europe does look better than he initially feared. At the same time, S&P Global says the region is, quote, not out of the Woods yet. Well, emerging market equities could be gearing up for very strong run that is the call from Morgan Stanley. We have more from Bloomberg's Tom busby. Stocks and emerging markets are set to be this decades winners. That's according to Morgan Stanley investment management's deputy chief investment officer Jin tundra, kandari. She says developing equities are trading at attractive valuations and economies like India are set for better growth than the U.S.. In fact, kandari calls India one of the top trades at Morgan Stanley. So far this year, the MSCI emerging markets index is up more than 8% could paired with a four and a half percent advance for the S&P 500. In New York, I'm Tom busby, Bloomberg, daybreak, Asia. And now back to his story out of the United States who have been telling you about this for the past 24 hours or so, but now it's official. The U.S. government is suing Google. We get the details from Bloomberg's and Kate's in Washington. The Justice Department and 8 U.S. states are suing alphabet's Google. They say the company has an illegal monopoly on digital advertising, and they want to break up the business. It's the Biden administration's first major case challenging one of the largest U.S. tech companies. It's also one of the few times the Justice Department has called for the breakup of a major firm. The last time it dismantled the company was the bell telecom system in 1982. In Washington, I'm Ann Kate, Bloomberg daybreak, Asia. All right, Anne, thank you, and we're seeing Google respond to those allegations from the U.S. government, the company saying the Justice Department is quote doubling down on a flawed argument. Google is comparing these charges to a similar lawsuit brought by the state of Texas, which each calls unfounded and Brian staying with a theme of Texas can I pivot to Texas Instruments, I mentioned earlier that the company reported a first its first drop in sales since about 2020. And kind of with a tepid forecast for the current quarter weak demand in all ends of the market for semiconductors, I thought this was curious except automotive. Yeah, that has been an industry that has been on fire and apparently it's still very good for TI. I wanted to go back to Google just briefly, the stock did trade down 2.1% today, Doug, and that's because of the weightiness, I suppose of this action. But when you think about it, this could play out over many, many, many years, and yet investors still reacted. And I'm looking at the Microsoft share price. Now, really fluctuating for most of the period after the earnings came out, the stock was up about 4% or so. Now it has moved down to just for the gain of about 2%. I think some analysts take from this, Doug, is that this was more resilience by Microsoft than any new news that some thought it could be a lot worse. Yeah, particularly where the cloud service business is concerned. That, of course, Azure, we saw a weak demand for personal computer software and corporate software as well, and then Brian, if you look at some of the cloud computing companies names like MongoDB, datadog, they are rallying here in the late session. Yeah, and I wanted to mention swatch. It came out with its earnings. The stocks traded up about 5% or so in Europe and swatch had some positive comments about China. That's very much in focus now as China is reopening. We'll be getting comments from CEOs of many, many companies over the coming days. All right, at the time, 8 and a half minutes past the hour, it's time for global news
"stephen white" Discussed on Northwest Newsradio
". Good afternoon, it's 1202. I'm Taylor van syce. Now our top stories from our 24/7 news center, three carjacking suspects are in custody following a police chase through parts of east King County ending a new castle. Police say they immediately took one suspect into custody, but two others took off near the cold creek trailhead near Lake Mont boulevard, they were caught just a short time later. We're told this all started as a carjacking that led to a police chase through parts of Bellevue. Molly Shen, an investigation is underway in Pueblo, after a woman was found dead near her own home. This is pierce county sheriff sergeant Darren moss, a.m. our debut responded to the call of a woman found deceased in the street at the 7800 block of 166th street cortisol into all of what the fire department told them what they could see it seemed like the woman had been run over. Moss tells northwest news radio that her own vehicle was still running when help arrived, the investigation continues. Our state saw nearly 600 traffic related deaths in the first 9 months of last year with an expected total, the Washington state traffic safety commission says could make it the deadliest in 25 years. That has Washington's traffic deaths up 21.4% from the same time in 2021, behind only Delaware and Nebraska. The Seattle times says 69% of all the traffic deaths were caused by drugs or alcohol with nearly one third blamed on speed. The commission hopes more places will make use of automated speed cameras after lawmakers last year allowed them to be more widely used. The new year brings changes to a local freeway or local highway should say, in northwest news radio's manufacturer tells us where you'll need to slow down State Department of Transportation crews will be installing new speed limit signs along a section of highway 7 and pierce county. The speed limit will be reduced from 40 to 35 miles an hour from about mile post 48 to 50 in span away. The speed limit changes are the result of a department speed study in coordination with the state patrol that reduced speed limit will be enforceable just as soon as those signs are installed. And a factor northwest news radio. Coming up after traffic and weather, would you bury grandma in the backyard? I'm Jeff pojo with the discussion going on in Olympia. 1204, traffic every ten minutes on the fours from the high performance homes traffic center. Here's Kimi Klein. In totem Lake, we have a crash on south on 405 approaching northeast one 24 that looks like it's just blocking the one left express toll lane, but traffic still backed up from 5 two two. We also have roadwork in Sequoia on northbound 405 at the west valley highway blocking up to two right lanes, and that is adding to a backup past south center and on the eastbound 5 18 down the hill from sea tag airport. North of the keep Peninsula highway three O two is closed east of Wright bliss road between one 28th and one 50th due to a downed tree and headed into the mountain passes is not a bad day. Direction tires are advised to over Stephen's white and blew it, but no restrictions over snoqualmie pass. Her next northwest traffic at 1214. Our forecasts, sponsored by northwest crawl space, services. Here's como four meteorologist Kristin Clarke. Chasing shadows across the western Washington Lola is today really happy to see the sun if only for a day because we're back to a widespread heavy rain event, starting as early as Wednesday night and we could experience a brief period of gusty foothill
"stephen white" Discussed on KOMO
"Girl were injured in that shooting, but survived. In linwood and win, come on news. Convicted killer's attorney says a county prosecutor tainted the jury when he called the crime and execution. Corwin Hank reports, it could be enough to overturn the conviction. If it wasn't aggravated first degree murder, and it wasn't, the prosecutor in Simeon Berkeley's murder trial should not have told the jury it was an execution. The word execution tainted the fairness of this trial. That's what Berkeley's attorney Travis Stearns is telling the state appellate court. And when you use that word, you move it past a second degree murder case. Nobody is alleging that this is an aggravated first degree murder case. In July 2019, Berkeley shot Stephen white marsh twice at close range after white marsh had rear ended Berkeley's car, a jury found Berkeley guilty of second degree murder, Matthew Pittman with the snohomish county prosecutor's office tells the appeals court the word was an appropriate description of the defendant's behavior. The second shot in this case is probably better characterized as an execution. The appeals court could rule to overturn Berkeley's conviction and vacate his 22 year sentence. Corwin hake, northwest, news radio. And drivers this weekend might run into several road projects in the Seattle area that could slow them down. Come a force Paul Rivera reports the revive I 5 project continues. On the roads, maybe right? It looks like a good time this weekend at the many events in and around Seattle. That includes summer fest in west Seattle. It's super exciting. It's really fun. Already seeing some visitors in residence like Andrea addington, it's expected to get much
"stephen white" Discussed on KOMO
"6 O 6 at northwest news radio, thanks for riding home with us this evening. A convicted killer's attorney says a county prosecutor tainted the jury when he called the crime an execution. Corwin Hank reports it could be enough to overturn this conviction. If it wasn't aggravated first degree murder, and it wasn't, the prosecutor in Simeon Berkeley's murder trial should not have told the jury it was an execution. The word execution tainted the fairness of this trial. That's what Berkeley's attorney Travis Stearns is telling the state appellate court. And when you use that word, you move it past a second degree murder case. Nobody is alleging that this is an aggravated first degree murder case. In July 2019, Berkeley shot Stephen white marsh twice at close range after white marsh had rear ended Berkeley's car, a jury found Berkeley guilty of second degree murder, Matthew Pittman with the snohomish county prosecutor's office tells the appeals court the word was an appropriate description of the defendant's behavior. The second shot in this case is probably better characterized as an execution. The appeals court could rule to overturn Berkeley's conviction and vacate his 22 year sentence. Corwin hake, northwest, news radio. Senator patty Murray has an 18 point lead in her race for reelection yields a 51% of likely voters to Tiffany's smiley's 33 Maria Democrat seeking her 6th term in the U.S. Senate, her Republican challenger or the likely challenger Tiffany smiley is not held office before. The poll conducted by survey USA for the Seattle times has a margin of error of plus or -5%. Rivers across the land county are running faster, higher and colder than we typically see mid July, that has local police warning about danger of four people have already drowned this year in the county, including this week's tubing accident that claimed the life of a Tacoma woman near leavenworth, rich Magnuson, with chelan county emergency management. Actually, one of our water rescues this week was a case where two people had tied their inner tubes together. And became trapped on a piling underneath one of our bridges. So tying that flotation devices, whether a raft or an or two together is never a good idea, especially on a river because if you get stuck on whether it's a log or a bridge, piling, you can be stuck there and swept under. A 13 year old girl drowned May 22nd in the anti at river, the 41 year old Des Moines man and an 18 year old Seattle man disappeared in separate kayaking accidents last month. They are presumed to have drowned. Clinical trials at the University of Washington helped the FDA approve a new COVID-19 vaccine, doctor Scott mcclellan says the UW school of medicine was one of three U.S. institutions to test that new vaccine known as novavax. At UW medicine, we enrolled almost 500 participants in the trial. Novavax is protein based a more traditional approach compared to the existing COVID vaccines which use something called an mRNA technology. A 75 year old woman in Yakima has been charged with drug dealing and could face a homicide charge after a man she gave drugs to died of a suspected overdose. KI MIT reports it all happened earlier this week and they believe the man died of fentanyl after finding four blue pills near his body. Officers say the man's son got out his father's phone and showed them the phone number of the woman, with whom they had arranged the drug deal. The woman was arrested after arriving at the home of the man who had died. And after two years of COVID shut down, summer festivals are back, but so are the scammers, Logan hickle with the better business bureau tells como TV if you see a link on social media to a festival offering really cheap tickets, you better beware. There's just no way a festival can offer tickets at extremely low prices without losing money. So if those prices are much lower than elsewhere, it's likely a scam. Do you recommend you search for the festival online and make sure the contact information is certainly legit. A burn band is now in place in Thurston county the move comes after the department of natural resources move their fire risk on public lands in the region to the moderate position that Thurston county fire Marshall has announced the ban, which applies to residential yard waste burning at any land clearing burns. Again, that's in Thurston county. It is 6 ten and let's check in with Bill Schwartz for another Beacon plumbing sports update build the sounders will be short footed when they play with the fire and windy city. Hey Brian Seattle will be without injured leading scorer raul Rui Diaz again and no goalie Stephen Fry when they kick it in Chicago tomorrow night. The fire are near last in the Eastern Conference but coach Brian schmitzer knows they'll be fired up to take on the rave green. Chicago has good players. I mean, they've got a talented roster. I just, when I watch them play, it's just, are they cohesive? Are they playing together as a group? Right now, Seattle is below the playoff line looking up. The Mariners look for a beautiful dozen tonight in Texas as in a 12 game win streak. Robbie ray starts with Seattle and his tossing a shutout so far, but the rangers have goose eggs too, nothing nothing top forth. Australian Cameron Smith looking for his first golf major victory leads the open championship by two strokes of her American Cameron young, world number one Scottie scheffler, Rory McIlroy and Dustin Johnson, all in contention at saint Andrews, and a wrong is finally made right. Jim Thorpe has been reinstated as the sole winner of the 1912 summer Olympic pentathlon and decathlon, the move comes nearly a 110 years after he was stripped of those gold medals because very
"stephen white" Discussed on WNYC 93.9 FM
"Was asked about some voices in the Democratic Party that say Israel practices apartheid against Palestinians, and he claimed in a Israeli TV interview that these voices are few. He said Israel is a democracy and both parties in the U.S. will always support Israel. And pierce Daniel estrin in Jerusalem, thank you, Daniel. You're welcome. Prices are rising at their fastest pace in more than four decades, just in June, they surged up 9.1% from the year before. So how long could that trend continue? It can be worth listening to the companies that spend a lot of money trying to answer questions like that. And pierce David gura joins us now to talk about all this. Hey, David. Hey, Rachel. Companies have started reporting earnings for the second quarter, the last three months. What are we learning from them? When it comes to the economy we spend a lot of time looking at information that is backwards looking. Jobs data, consumer prices, commentary from CEOs and forecasts of future earnings can shape our understanding of what the economy may look like in the future. So while earnings reports and calls executives do with analysts may seem dry, not relevant to most people, they are worth paying attention to because companies have access to tons of data about themselves, their customers, talking about customers spending patterns, how they're feeling. You know, companies have data about their inventories, their supply chains, how higher interest rates will affect them in the coming months. And all this informs forecasts and shapes the guidance they give on how they think their company and the economy will do. And in this moment, amid all this economic uncertainty, that is what's most important to investors like Liz Ann Saunders, who's the chief investment strategist at Charles Schwab. It's very much the Wayne Gretzky. You got to look where the puck is going, not where the puck is right now. They're from the great one for racial. And picking up on that metaphor, the fed, investors, executives, the rest of us. Everyone's trying to figure out where that puck is going, what inflation is doing and where the economy is headed. All right, so can we get specific, though? I mean, I have to admit it's a little harrowing to think about all the data that these companies do have on us, but what can we learn about inflation from companies earnings? Well, they've told us in past quarters how they've navigated really persistent problems with supply chains that have led to higher costs and for a while companies were able to pass that onto their customers. People would simply willing to pay more. The reason being coming out of the darkest days of the pandemic demand was so strong. Stephen Whiting says that's changing. He's the chief investment strategist at city global wealth. We're getting into an environment now where consumers, of course, the big story or facing inflation without income supports from the government. Of course, those stimulus checks are long gone, prices have continued to climb. And from these earnings reports we should get a better understanding of whether people are still willing or able to pay a premium for cars and travel and hotels or if demand for all that has diminished. We'll see how companies are dealing with the Federal Reserve's response to high inflation, the era of easy money with very low interest rates is over. It's more expensive to borrow to grow and many companies Rachel are retrenching as a result. So these earnings seasons we talked about them in seasons starts with the big banks, right? So what does Wall Street listening for specifically from financial firms
"stephen white" Discussed on Bloomberg Radio New York
"Over the last 45 years when the Federal Reserve reaches its maximum policy rate it's only kept it before cutting 7 months on average If you really wanted again to deal with the longer term inflationary imbalances in the economy you want to monetary policy that you can sustain Now again you could gain this out maybe I'm the wrong person to guess this but if you just had created a shock and awe effect where everyone believes okay this is under wraps And then a couple months later the CPI is still rising I don't know what you've accomplished If you were tightening so much that you have a recession and then you have an easing cycle And you are doing QT So now you've got to do QE again This whole approach again of the Federal Reserve going from feast to famine and back again in a pro cyclical way I mean look the mistake that was made was easing in a boom last year You can make two mistakes of monetary policy not just one So I think again trying to satisfy the market and short term inflation outcomes might be the wrong approach at least as far as I'm concerned Okay so what you're describing Steven is essentially Jerome Powell with an impossible job that he just can't do this right either You're going to upset the market potentially get inflation under control or you don't want to move too aggressively and surprise the market Therefore inflation is allowed to run hotter for longer Is it that binary realistically Well the one thing that we just can't dispute is the fact that monetary policy doesn't complete control of the economy There are really positive developments beneath the surface on the supply side You can see the price of appliances was down Why Well consumer goods production is now rising four and a half percent unit terms Consumer goods consumption is falling Imports are rising 12% If you want to get through this you know we need to get through the next leg of it which is going to be services which is going to be housing related issues Do you really want to create more instability I think they're going to be in an environment where they're trying to avoid that and still communicate effectively Maybe they can't do both Stephen white thank you so much Great brief this morning A city global wealth management here with some turmoil a little bit of a pullback Boy I'll tell you it's flight Elise I mean there's no real bid out there We just are not going down like we were earlier Correct I think that's a good way of framing it right now And I think the two year yield is really what's driving a lot of this Suddenly people are looking at more intractable inflation to Federal Reserve that has to deal with it What is fed chair Jay Powell going to say on Wednesday Tom Well we will have to see Israel at least just because I know you're going to wander off to the open I hear we need to send surveillance birthday greetings to Bosa el Arian Bosa Bosa bosses Wisconsin law and Cambridge This is the dog of the elian house Happy birthday Yeah well bosun nailed the inflation of call along with doctor larian you know Doctor larian has been absolutely brilliant on inflation and the tractable Vasa Also his yapping has been incredibly instructive in our inflation hours They had a cat that thought it was transitory and an L Arian's room in the river there It goes behind the camera Most people don't have the same treatment of their pets you know Okay well we say birthday greetings there to doctor Larry and the beast It's a tough life Lisa I mean the dog is like the you know lots of student hugs at Cambridge you know How much are you Lisa for vet bills haircuts Inflation You got an important guest coming up with J plosky We're going to be speaking with as we carry you into the open And again if this move holds bear market in the S&P will be speaking with J plus about that of you Stay where this future is at negative 87 and we say good morning on Bloomberg radio and Bloomberg television Now with the latest news from New York City and around the world here's Michael Barr Lisa Tom Kayleigh there are more details about the potentially historic bipartisan deal on guns in Washington in response to mass shootings Ten Republicans are joining ten Democrats in proposing to strengthen background checks Richard blumenthal a Connecticut Democrat is one of the 20 senators to cut the deal One of the core principle proposals is to provide incentives for states So they will not only adopt these laws but implement them effectively and separate people from guns when they say they're going to commit suicide or kill other people Senator blumenthal says it also allows juvenile records to be screened for gun buyers under 21 expand gun restrictions for convicted domestic violence abusers funding for states to enact red flag laws and bolster school security and mental health programs President Biden is giving his stamp of approval The House committee investigating the January 6th capitol riot will hold its second hearing this morning The committee will examine former president Trump's repeated false claims that there was huge voter fraud Authorities say firefighters are responding to a wildfire about 6 miles north of Flagstaff Arizona that has forced evacuations Coconino national forest officials say the pipeline fire has burned approximately 5000 acres This man lives in the area Earlier when I.
"stephen white" Discussed on Bloomberg Radio New York
"Into rate hikes treasures are fluctuating Stephen Whiting a Citigroup private bank tells Bloomberg they expect high single digit income from equities next year I think that the chance that we actually get that that we actually deliver that will be much higher in dividend growth stocks for example in the healthcare sector in the Staples sector that had to absorb this terrible inflation in the past year Those are deeply underperformed They are more stable industries and they're not quite so hit by bicipital risk when we do have it Let's look at the numbers the S and ps up a tenth of a percent up for the Dow's down three tenths of a percent down a 125 And the NASDAQ's up a tenth of a percent of 19 The ten year is well it looks like it's a little changed right now The yield is 1.59% West Texas intermediate crude oil is up four tenths of a percent at 78 66 a barrel comics gold's down a half a percent of 1864 20 announced the dollar yen one 1446 The Euro dollar 1338 in the British pounds 1.34 6 7 Let's take a look at what's going on as far as spending is concerned Americans if you're poised to open their wallets this crucial holiday season which is an encouraging sign for department store chains that need a win Macy's posted stronger than expected results coals also posted sales to beat Wall Street expectations Macy's up 20% coales is up 9% That is a Bloomberg business flash Bloomberg markets is on false swe And Matt Miller Great Jared Thank you so much we appreciate that Matt I mean Greg just reported Macy's up 20% I can't remember the last time I saw that It's just extraordinary You remember the last time I went in there I know Look at.
"stephen white" Discussed on Bloomberg Radio New York
"President Biden is finished meeting with Democrats on Capitol Hill with no deal on the table Speaking to reporters he said it doesn't matter how long it takes He will get the infrastructure Bill passed along with the even bigger social spending measure Pfizer's expected to ask the FDA for emergency use authorization of its COVID vaccine in kids age 5 through 11 when they meet on October 26th Right now it's the only vaccine that has been granted emergency use authorization for kids 12 and up Former president Trump is again pushing for Texas to do a full audit of last year's presidential election Lisa Taylor has more The former president says the Texas legislature needs to pass Senate Bill 47 because it will help to conduct a strong and real review and make sure Texans believe in trust elections He also criticized the Texas Secretary of State's plan to audit for counties calling it weak and risk limiting Trump says a full audit will have a big impact on next year's election in the 2024 election I'm Brian schuck And I'm Charlie pellet At Bloomberg world headquarters a turbulent week is behind us a losing week as well for the week the S&P was down 2.2% Today on the first trading day of the quarter stocks came roaring back as prospects for a pickup in growth outweighed concern over inflation pressures at a time when the fed is getting ready to wind down its pandemic era stimulus Stephen Whiting is chief investment strategist at Citigroup private bank I think what you're seeing in markets right now is a tightening This is a tightening of financial conditions that in part is from the fact that central banks are beginning to move away from easing towards Titan Inflation continues to gather momentum and with that story here's Bloomberg's vintage eudice A price gauge Federal Reserve officials used the set inflation targets posted the largest annual increase in 30 years The PCE price index rose 4.3% on a year over year basis in August that's inflation chips away at household budgets Industry is hurting too and measure of factory input prices tracked by the institute for supply management moved higher this month Beneath that Judah's Bloomberg radio Reaction from Julia coronado of macro policy perspectives The stimulus the power of the stimulus and the reopening of the economy really lifted all boats in the first half of the year So profits rose incomes rose spending rose and prices rose Everything went up Julia coronado of macro policy perspectives Bill gross has been found guilty of contempt of court for flouting a judge's order not to annoy his neighbor with loud music He was sentenced to 5 days in jail which was suspended because of COVID-19 Stocks higher S&P up 1.1% today the Dow up 1.4% NASDAQ up by .8% Global use 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists analysts in more than 120 countries I'm Charlie Pollock This is.
"stephen white" Discussed on Bloomberg Radio New York
"The New York historical society It will include archival photos and documents and 3D re imaginations of significant places of the late Supreme Court Justices life including her childhood home It also includes highlights of her time as a student judge lawyer and women's rights pioneer The traveling exhibit is based on the bestselling book with the same name the exhibit runs through January 23rd A California woman is bringing home one amazing souvenir with her from Arkansas crater of diamond state park officials report Noreen was able to find a 4.38 carat diamond in just an hour of searching at the park The diamond is the largest found at the park so far this year I'm Bryan shook And I'm Charlie pellet At Bloomberg world headquarters a turbulent week is behind us a losing week as well for the week the S&P was down 2.2% Today on the first trading day of the quarter stocks came roaring back as prospects for a pickup in growth outweighed concern over inflation pressures at a time when the fed is getting ready to wind down its pandemic era stimulus Stephen Whiting is chief investment strategist at Citigroup private bank I think what you're seeing in markets right now is a tightening This is a tightening of financial conditions that in part is from the fact that central banks are beginning to move away from easing towards Titan Inflation continues to gather momentum and with that story here's Bloomberg's vineyard giudice A price gauge Federal Reserve officials used the set inflation targets posted the largest annual increase in 30 years The PCE price index rose 4.3% on a year over year basis in August that's inflation chips away at household budget Industry is hurting too and measure of factory input prices tracked by the institute for supply management moved higher this month Beneath the old judaic Bloomberg radio Reaction from Julia karnaugh of macro policy perspectives The stimulus the power of the stimulus and the reopening of the economy really lifted all boats in the first half of the year So profits rose income rose spending rose and prices rose Everything went up Julia coronado of macro policy perspectives Bill gross has been found guilty of contempt of court for flouting a judge's order not to annoy his neighbor with loud music He was sentenced to 5 days in jail which was suspended because of COVID-19 Stocks hire S&P up 1.1% today the Dow up 1.4% NASDAQ up by .8% Globally used 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists analysts in more than 120 countries I'm Charlie pellet This is Bloomberg This.
"stephen white" Discussed on Blogging the Boys
"I'm not too sure. That was a huge bungle. And i'm also not sure that the idea of trying to block that up punt who was as bad as a lot of people think that that could have been a sixty yard swing and field goal position and there's a serious question as to whether that was actually a pin because look what he was blocked by the time. All right so we're all having great time off you know generally passive here These these roundtables. We do these every tuesday for those of you who are joining us or those who are re watching it on youtube channel. We will also post this on the block on the bus. Podcast eric so Subscribe to the blog on the youtube channel. Subscriber podcast newark. Wherever you get your podcast. Lee rating review. Tell how many how wonderful. His beard is please. has the best looking beard on this show at least is oh i say that to butter how because i know he is very passionate against the people like searching. I have a problem john. Fossil did so to properly set the in case. Anybody didn't see for whatever reason does it remember. It's fourth and twenty. There are two minutes left. The cowboys relieving the chargers fourteen to eleven and a half time score on as we were told a thousand times the cowboys would have gotten the ball back. Approximately around their own ten yard line at that point in time. The cowboys had scored touchdowns on two of their four possessions and they had turned it over on downs on one of the other two so they had crossed into enemy territory. Seventy five percent of the time. It's reasonable to believe they could have obtained more points some way shape or form on that ensuing possession john fossil though hits on twenty decides you know what i want to send the house here. The cowboys committed a penalty. Tom i will say and let how respond. I don't care if the penalty is debatable. Or not the fact that it's even in the field of possibility is what bothers me and this is two straight first halves that the cowboys and special teams specifically have been a little bit reckless near the end of them but howman. I'll give you the floor debate at ourselves. And then we'll play John fossil said which may be destroys years in. Tom's argument because what he said was ridiculous. Well actually i have a piece coming out in the next day or two that really You'll be able to be able to read that in depth A little preview here. The reason that i don't have a problem with it as one because they were punting from about midfield. So it's not like you're getting the ball and favorable spot. It was unjust under the two minute warning and as it turns out the punt that they did get off went to the ten yard line. So you're you're saying well we want the ball back. But you're asking dak prescott to drive ninety yards down the field which i'm not saying that i do. I believe they know possession at all those trying to maximize your your chance at getting points if you go and successfully block that hunt and you recover it. That's a much shorter field when you're dealing with a much shorter clock and to that point as well the chargers last year actually their punter led the week and blocked punts most of those came on fourth and long and When you go and look at how those punts were actually blocked. It was very similar to what the cowboys were doing. So they were they. Were doing exactly what we've been asking for begging for under jason garrett which was adjusting their scheme in what they do to the weaknesses of the team that they're facing and so they they come up with that and fossil says. We know we can do this. We've seen a happened before. Let's go get that ball. I i liked the aggressive approach. So i'll defer to you in just a moment i. I'm not saying that. The idea has zero merit to be clear. Like i don't. I don't think this is a one hundred zero percent proposition. So fine like there is some semblance of logic to what you're proposing and everybody read what happened on the bus dot com. That shouldn't be out tomorrow. I believe on wednesday. My problem with this is like in no universe in my saying i'd rather drive longer field than a shorter field right like nobody is saying that right like of course if you can block the do it. But it's fourth and twenty and the consequences here. Are you surrender. A new set of downs to a quarterback that at that point is at midfield to your point and the evidence doesn't necessarily like out totally prove that this is a bad idea but the chargers did attempt to feel and they missed it and so this was again. The cowboys won by three. So you know. A matter of luck seemingly midfielders obviously skill involved here but a matter of luck tilts this in a direction where we just sat here all kind of squared. The way the cowboys handled the end of the game. But if if john fossils website. Easy as as i've termed. I know tom. And how in heaven. But if john fossils whoops today's leads to a successful feel for the chargers. Then we're definitely sitting here and criticizing my mccarthy's final decision making process and that's just football. In general everything changes in a matter of moments matters of particular plays but starch. I mean this this. This seemed the benefit the benefit exists but the benefit seemingly does not outweigh the risks. Stephen white here says if he blocked everyone would loved it. It was blocked in this topic. This topic is extremely relevant because he gambled points that the chargers could have theoretically had i listen. I know i'm with howman in the whole like you know playing to the weaknesses and stuff like that and making adjustments on the fly and get the but this right here this this is. This is a football a football situation. Not like we're gonna find out you know. This guy has gotten his kick blocked a million times. So let's go after him. This is its fourth and twenty million. Times would be enough to justify to be correct. And that's just math right. But i'm just saying like this is a football thing. Where if fossil comes out and says you know what we're sending the house mccarthy of all people should say what the whole its fourth and twenty and we're about to get the ball back because if anything goes wrong on this in the operation right. There's potential that charge get the ball back and they. Did you know what i mean so like. This is a football thing. This is not like trying to not trying to adjust to their weaknesses. This is just like nine times out of ten all your analytics say fourth and twenty back the heck up. Get yourself the ball. See what you can do with it. See what you can do with it because look you act as if you haven't seen dak prescott move the ball down the field effectively in his in his career with less time it's possible to that point and how i would subscribe to what you're saying more if washington did this if the new york jets did this right like if if a if an offense that you know struggled and to be fair the cowboys offense wound up struggling in the second half in this game so maybe that maybe john fossils profit but at that point in time the cowboys offense again cross midfield on seventy five percent of their possessions. But the tom if this is an offense that is because that happens right like at the midway point of the season there will be an offense in the nfl. Pick whoever you want. It will wind up in denver carolina. I don't care to know you know you have to be more aggressive in other capacities to to justify or to overcompensate your week often so like i understand rolling those dice but this is the dallas cowboys. This is again a team that had had success on offense and so. I don't know tom i'll say this in. You're going to have to answer a big question here. Tom so painfully this. Because you're the strongest of all four of us. but i. i had a huge problem with the greg's are aligned..
"stephen white" Discussed on Horror Soup
"I was like i don't even know why she's there she's like. Don't get me wrong. I like connie. I love his music. Like his i mean especially like his old shits credible bootleg dropout bro. Yeah like he's an incredible kid. Not the fucking drips. Come on yeah. But what i what i wait in like hundreds of people and like yeah no not for connie person not me but it was an experience that i did it. Tickets actually. weren't that expensive. Like we paid one hundred dollars with tax. It was we were in the nosebleeds. Though once again we didn't care. We don't care where we're sitting because we don't know what we're going to witness some of the some of the like close up tickets were like pretty pricey but yeah we were like. It's not that serious but it was interesting. That's my take on it. I'm sure some people were just like juicing their pants. But i felt like i was indicted into a colt. I'm glad you got to experience that i'm proud of you. Yeah yeah in. Marilyn manson watched so yeah good question. This is a lie. that's just a lot. That's just what i want to know about. But without further do we can get into world nineteen ninety six the eighth installment also so we talking about director for a second stephen white. The writer was due name. Joshua michael stern who is the dude that directed the steve jobs documentary jobs and dennis such a transition. He is not done much else. It's like i think that was one of the last things he did like. He has like a few credits and again. Like i don't know what the criteria is for directing or writing one of these things but criteria just really want to talk to the people that like. Oh i want more documentaries on the back stories of this sucks all of these just so like bullshit that there probably isn't bonus material like most of these movies like i'm gonna. I'm gonna start trying to surge what we do. Yeah we need to be the documentary. We need to find all the documentaries and stuff and we we find lake special feature like okay. I wonder if i even have special features on some of these. I don't think. I do. Like unlike the originally i one. Yeah but i want special features on like two and three and then like the lamp and it's about. I'm and stuff like that. You won't get that. that's what i'm saying. no. I don't think there's any criteria to be a director of these movies and that's why i think it would be easy to write a letter to them because they're not doing shells. What else do they have to do. Direct another steve jobs documentary. They could respond to our letter. Probably got rans tarantino. The probably got like ran out of like general society. They probably did. That's such a weird transition. Amityville to steve jobs right like what. What are your interests yes here. he's like. i've always had a strong affliction amityville but at the same time technology..
"stephen white" Discussed on Double Toasted
"Thank cars and visible but they could also make them any make model color. Gta rolling doesn't change wherever you want. But she what. Stephen king had that good shit right do that. No more whatever. Whatever bratty was on. Stephen king yeah just start writing books on you. Can federal territory. Stephen white let me get that white king man but what. I think they do a good job. I think actually do a good job at making charles and tanya really cute couple because that's the point though the audience. I'm really to movie a compliment. Because charles is so he really is so charming charismatic man and you see them together. They really are cute together. Asked when you know. Something's going to go wrong and that's going to catch you off guard because it's so goddamn cute but the funny thing is you'd think you'd think charles you think charles going to be the one to actually make chit weird at first but now it's tanya tanya burgeon. She's tired of that time tanya tanya. She's said yeah. I'm ready to get rid of this shit out of the way right off gonna wanna know some rubbing went on out here. I'm still hearing. Also when he was like she was like you. Motherfucker goddamn what is wrong with this guy. I'll put it out. I threw it to it. Any more clear beat the shit out loud..
"stephen white" Discussed on WMAL 630AM
"To believe in quotation marks. The Associated Press is slammed for saying it was unaware of Hamas Intel operation in their building that is real razed to the ground report from 2014. Says they knew terrorists were there and again they've got they produced the story, and here it is. The Associated Press has been accused of lying about whether they knew Hamas maintained a military presence. In its Gaza headquarters, Israeli forces destroyed Jolla Tower Which had been the AP s headquarters and the Palestinian territory for 15 years and was also where Al Jazeera was based. Al Jazeera They know the Arab Middle Eastern News network. Means dependence love the peninsula, referring to the Saudi Peninsula. Politicians and journalists in the United States rush to condemn the bombing, claiming the Israelis and endangered the lives of the journalists complete lie on several different levels. Israel said it had given the media outlets, hours warning and, well, it's I think one hour warning to get out of the building before the bombing, and it was a legitimate target because that house Hamas's military forces associated past present, the AP president and CEO Gary Pruitt said in a statement that he was quote Shocked and horrified that the Israeli military would target and destroy the building housing a piece bureau and other news organizations in Gaza meeting Al Jazira, not exactly legitimate, straight up news organization. He also claimed the AP didn't know that Hamas was quote active in the building. It hinges on the meaning of the word active. But a 2014 report in the Atlantic left wing rag here in the United States, written by journalist Matti Friedman suggested Associated Press were well aware of Hamas. His presence in the building. And shows not to report it in the Atlantic piece that said, when Hamas leaders surveyed their assets before this summer's round of fighting back when Obama was president, because you know your weakness leads to war strength leads to peace, Trump for peace deals and four years Biden in office for four months war in the Middle East. That everybody is pushing us around like we're a schoolgirl in a Taliban picnic. When I must leaders surveyed their assets before this summer's round of fighting. They knew that among those assets was the international press. The article states, referring to an outbreak of fighting that year. The AP staff in Gaza would witness a rocket launch right beside their office, endangering reporters and other civilians nearby. The AP wouldn't report it, Friedman wrote in the Atlantic. The journalists at the time claim that Hamas fighters would regularly quote burst into the A P s Gaza Bureau and threatened the staff and the AP wouldn't report it and quote Appearing on face the nation. On Sunday, Israeli Prime Minister Benjamin Netanyahu said that media agencies had received plenty of warning warning to evacuate the building and on so they were one ahead of time. And we've known for years and they've known for years and now they're lying about it. All right, Let's get back to the audio here and sound bite number four Benjamin Netanyahu once again Over the weekend, pointing out something that should be obvious to anyone. But, you know, not if your brain is severely damaged, as seems to be the case with so many self described Democrats, Benjamin Netanyahu, we're doing everything we can to hit the terrorist themselves, their rockets. They're rocket caches and their arms. But we're not going to do just let them get away with it. Neither would you. I mean, you just imagine what would have happened if you had 2900 rockets fired on Washington and New York. Others I think you would understand. Yeah. Have you had 2900 rockets fired into Washington, D C are into New York City. I think you'd understand. It was a 12 story building. They put it looked like probably an airplane put up right down. The pipe of the building went down to the basement blew up and leveled the thing like a controlled demolition people had gathered block a couple blocks away to watch it because they No, The Israelis told him. We're gonna blow up your headquarters. So so get out. Take whatever you what you'd like to keep and get out, So we got that going for us. Right now, let me get Tolo because this is kind of an amazing story. And and again, the Israel showed the U. S. The smoking gun on Hamas AP Office tower The Jerusalem Post is reporting today, and Netanyahu says the AP claimed that they weren't warned about the Israeli air strike is a lie. You weren't lucky, Netanyahu said. No, we told you we moved out of there because we're not like Hamas on. We're not like the other terrorist groups. So AP articles about Israeli claims. They're making false claims and they've been nailed. They've been caught lying once again. All right. Now, let's go to this story about the air Force. Lieutenant Colonel, because this is a pretty amazing story. Um, a lieutenant Colonel in the Air Force assigned to Space Command Space command. Went on a Podcast and we have a sound bite that, Jeff, let's go to this sound bite of. Where is he now? Here He is. Number 10 number 10 Colonel Matthew Lo mire Alright, talking about critical race theory and Marxism in military training. May 7th of podcast called information operations. Lieutenant curls signed to Space command right and he was on this podcast when he said this trainings were receiving in the military. The of that industry are rooted in critical race theory, which is rooted in Marxism. It's intended to be the visit and way spread it about the military services pretending like it's going to unify everyone. Great piece I read yesterday and in prime us in Promise a wonderful piece about critical race theory and how it's based on Marxism, and it's how it's a backdoor to bringing about and all these claims of racism and stuff. Backdoor to bringing about Marxist change in the United States of America, and it is critical race theory is entirely Marxists, and it's very sinister and devious movement. That the Democrat Party in the left have launched in the United States America. They're one of the same, of course so that has launched Space Force CEO commanding officer who got holiday call from Trump fired over comments the crying Marxism in the military. I'm sorry. So now the military the air Force are anti free speech also, And there are military regulations about making political statements and so on. But hey, stayed well within the borders of this of these military requirements and so on, And I gotta tell you, it is. This is really something. Commander, U S Space Force unit tasked with with detecting ballistic missile launches has been fired for comments made during a broadcast promoting his new book, which claims which states the obvious. Marxist ideologies are becoming prevalent in the United States military that's under Biden, and it was going on under Obama to they want a transgender military, not one that defends the United States or anything like that. Lieutenant Colonel Matthew Lo Mire, commander of the 11th Space Warning Squadron, it Buckley Air Force Base in Colorado, was relieved of his post on Friday by Lieutenant General three star General Stephen Whiting. Racist. The head of space operations command over a loss of confidence in his ability to lead military dot com has exclusively learned they wrote the story. A couple of others have followed in the Washington Post. The colonel is the bad guy. Because he's pointing out that critical race theory is being foisted upon them. It's racist. It's anti white. It's anti American. And it's pro Marxist. Any pointed that out because it's true, right? That's the problem with all that. So that's lieutenant Colonel Matthew Lo Mire Space command, talking about critical race theory and its relationship with Marxism. He was in civilian clothes. He was on.
"stephen white" Discussed on WIBC 93.1FM
"And analyzed consumer access that or number 30 30. You're back by the checks on the right for the day. I know what it's from. Ma, What is it? It's we're getting ready to do a story. I'm sorry. This is she has me on the air Now. Sonnet. Totally screw everything up, you guys. Hi. This is Daisy. So we're talking about a commander in the U. S Space force and he's hot. Did you see the picture? Did you win big in it? I did It really touched in times, like standing there with his wife. Yeah. And of course, she's like, forget his wife. Look at him and get shit Just like she does with Ron to Santa's. You guys, I mean, it was like, forget his wife. No, She's hot to me. She is she's would watch them. This'd is the thing. Okay, So his name is Lieutenant Lieutenant General Stephen Whiting. Okay, We're going to get to that in a second. I'm sorry. I'm totally taking over your show. I don't mean to do that, but the reason the reason that I was telling her over the over the break They're talking about this neo Marxist agenda, right? And I said every time I see neo Marxist, I think of neo Maxi zoom dweeby, and I was like, What is that fresh from the breakfast club? Oh, that's right. It's from the you guys. Remember that or my aging myself myself that that now it sounds very dramatic. So is it's wrong that I think, cause I know neo Marxism is a thing. Is a bad thing. It's a bad thing. We have to talk about that in a very professional way. And we're going to do that. Every time I hear it, I think of neo Maxi zoom dweeby. Okay, But the point is his commanders really hot. That's right. That is our main point. I'm talking about this. You can't see what we're talking about. But you know what The other thing about this photo of the commander and his wife is that he's wearing one of those flight suits, right? Yeah. I want a flight suit I want to fly to and I want that to be like now attire. Now you're getting personal. I don't They look so comfortable that you used to think Scrubs or the most comfortable. It's like a one Z. It's like a It's like, Yeah, they actually they had those like on ranches there called Khar Hearts. I feel like those are thicker and heavier and not nearly as comfy. These air like they are sick. You're right. You need me. Okay? I see. I see where you're going with it Just looks like a really comfortable. Maybe we should come out with our own line of chick flights. It's I think this is a good man instead of like all the fancy patches that they have. They're not allowed to have those patches We could have, like, you know, like lipsticks and stuff like that, Like different. You know, I'm saying Oh, my God, somebody out there is listening in his creative and it was how to make these if you make us call us. That would be amazing. Paul Collison, our hotline at Remember the number 6848444 go Code three. 17. There you go. All right, So Lieutenant General Stephen Whiting Woz Space Operations Command commander, And now he is Dunn's O, because he's not a dirty coming. That's why that's why is that right? I've got the wrong name. It's not Steven Wieting is the guy that fired Lieutenant Colonel Matthew Lo mire. Little liar is the guy that actually lost his job and the reason he lost it because he decided that he was going to self publish a book called Irresistible Revolution. And Mark's ISMs goal of conquest and the unmaking of the American military. He self published that and he, you know, he wasn't required, apparently to any kind. He wasn't subject to any kind of prepublication review. So you know he didn't seek out one. There was no reason this is something that he did on his own separate. And apart from his military service. He did, however, let his superiors know he let the Pete the public affairs staff know he even that lawyers in the military no. Out this book before it went to publication, which is great. Yeah, I mean, he went. He went through all the channels to do it all the right channels, And the problem was not so much the book. But then he decided to go on a podcast called Information operation. This was last week because he wanted to bring some publicity to the book. And in that podcast he criticized Defense Secretary Lloyd Austin's diversity and inclusion agenda, which is now not only infecting our schools, but also the military and he didn't demonize him. He didn't say anything You know particularly personal about Defense Secretary Lloyd Austin. Just tell the truth. Yeah, he just said, Listen, I just want to say out loud to make it clear to anybody listening that this agenda will do nothing but divide us. It is not a unifying agenda. That's what he said so awesome. Defense Secretary Austin He's won. He instituted that 60 day. Uh, extremism stand down to determine how the best route out extreme. This stream is extremism from the military after the Capitol riot. And so now he's got all this. You know this giant agenda so like route everything out right, And I think it's like rooting out of basically right wing. Everything right? That's what it is. And Lo mire actually said that to, he said, any conservatives in the military who are willing to actually say what they think about are immediately painted as extremists. And so he can see the writing on the wall. This is just one more thing that weekends the U. S military. It puts us all at risk and thank God that he had the Kony's To speak out about it, but he did lose his job. This sucks. You will see it's it's one more example. There's one more place where conservatives can't be conservative. You can't be conservative than a job anymore. You can't be considered conservative on a college campus anymore. I mean, we've had countless people write us and tell us. Hey, I'm embarrassed. Not really embarrassed, but I'm I'm afraid to say that I'm conservative on this college campus, so I just keep my mouth shut and I go with the flow and I take these tests in these liberal classes. And I just say, I, you know Dole out these answers. Even though I don't agree with them. I just spewed the answers and say what I'm supposed to say and go through life acting as if I'm one thing, but I'm actually another. It's ridiculous. Ridiculous. I'm real proud of him for speaking out, despite the fact that he took a job loss as a result, coming up next we have Rachel Maddow..
"stephen white" Discussed on Bloomberg Radio New York
"I think again, it's discriminating between which assets will really move that there are these shorter term dislocations that are quite severe. We've been Overweight, small cap US equities for a good period of time in 2020 that his mean reverted pretty significantly. Latin America, Southeast Asia, these air markets that have not come back nearly as much The fact that there's a strong correlation between what you mentioned earlier at horses you on oil and financial stocks. That sort of our priest is if The or their businesses reflect the worst of the credit conditions of the most impacted industries, these air areas again that would be bullish on for a tactical revenge. Now, when we get off through with these distortions, we're gonna focus in on a different set of opportunities. Some of these air really long term growth opportunities like the fact that we've only had a minimal amount of shift. In the world to greener technology, right electrification that the Earth thematic Opportunities that are really incipient. Just the way he commerce was 10 years ago. Stephen Whiting. Just fascinating. Thank you so much. You're gonna have to leave it there right now. With the deaths, even whiting of Citigroup Private Bank. Thank you so much. Lisa. This has been widely expected. Sheldon Edelson has been very sick. Mr Trump's largest donor in Las Vegas, Sands announces the death of Mr Ables. And this morning. Yeah, he died at age 87 from complications related to non Hodgkin's lymphoma was expected he was a legend in the gambling industry in the Las Vegas world. On it is hey has officially died according to people close to him, Tom, What is so interesting about this folks is this is truly a throwback to another entrepreneurial time. This is not a guy of fancy schools and maybe the modern day that you go to the right school or have the right technology. And that thing is a guy that started out on the street corner in Boston and Lisa. I think he was just a proud of his business failures. Is the huge success he didn't enjoy. Really. Until his thirties, he went up and down and up and down with an entrepreneurship till he got the right formula. Well, everyone who I've ever met who is truly successful, always talks about their failures as their biggest learning experiences their biggest pride in terms of what they overcome, But it comes at a time of incredible flux for the gambling industry, with Las Vegas searching to recover from the pandemic. And the move to Macau and Asia, in particular with him included. Even with all of the international concerns intentions, there must be a further shock to the president again, the largest donor to President Trump in the campaign. Of 2016. This is a president buffeted. His Bloomberg reports are Sophie Alexander and Chanel, a Basset, Deutsche Bank and Signature Bank of New York, stepping away from their relationships with Trump personal and business accounts really remarkable story. Look for that. I'm Bloomberg. Today's story came out last night as well. Features up, nine down, Futures Up 62 on our political moment. Julie Norman of Uco London, stay with us on radio and television. This His Bloomberg Now, with the latest news from New York City and around the world hears Michael Barr, Lisa Tom. Thank you very much this just in.