40 Burst results for "Stock Markets"

Fresh "Stock Markets" from Peak Financial Freedom Hour with Jim and Dan

Peak Financial Freedom Hour with Jim and Dan

00:25 min | 14 min ago

Fresh "Stock Markets" from Peak Financial Freedom Hour with Jim and Dan

"Smattering of red lights on the eastbound cab between T Street in the river traffic on the tens, every 10 minutes mornings and afternoons. Steve Herrera News 93.1 kfbk Now Sacramento weather Mostly sunny for this afternoon. I 57 61 clear and chilly tonight. Low 33 to 37 turnout. Mostly cloudy tomorrow with rain in the afternoon by 49 53 than clouds work for some sun Monday. I 54 to 58 Evacuate. There's John. Fear is 93.1 calf BK local news, breaking news, traffic weather and going deeper depth and perspective on news 93.1 kfbk. Sacramento traffic Hey, retirees and pre retirees. I'm Dan Amit, host of the peak financial radio show. I'm inviting you to a free financial weapon or with current critical information about your money. Are you worried about the World Cove? It politics and how they all affect your money? Does the thought of the stock market crashing give you cold sweats at night? Does the 2008 stock market meltdown still haunt you want to preserve and protect your money? Did you know reducing risk from 50% down to 10% could potentially save $400,000 in losses on a $1 million portfolio. Having.

Steve Herrera Dan Amit Sacramento World Cove
Unemployment Claims Rise Sharply, Showing New Economic Pain

Morning Edition

01:32 min | 1 d ago

Unemployment Claims Rise Sharply, Showing New Economic Pain

"President Biden promises and aggressive federal effort to get control of the Corona virus. We will get through this. We will defeat this pandemic. Into a nation waiting for action. Let me be the clearest on this point. Help is on the way we will need it. Another 1.3 million people filed new unemployment claims last week. MPR's chief economics correspondent Scott Horsley is following this story. Good morning, Scott. Good morning. Well, so we have a new administration. But the same eternal mystery businesses air closing. Millions of people can't get work. And yet the markets are soaring. Why is that? Well, it's always a risky to try to make sense the stock market, But part of what's happening, I think is that investors see an eventual into this pandemic there, also betting that Congress will provide at least some of the economic aid that Biden is pushing for. It's also the case so well that the pain of this pandemic recession has been really unevenly spread. You know, some industries have already enjoyed a strong recovery like construction manufacturing. Tech companies that help people stay connected. They're doing just fine. And the roughly one out of four employees who can work from home have not had to worry about losing their jobs. The workers who have really suffered are those in jobs that depend on face to face contact with customers. Restaurant servers, bartenders, people who work in live entertainment. Those industries lost almost half a million jobs in December, and so long as thousands of people are dying from covert every day. The jobs are not likely to come

President Biden Scott Horsley MPR Scott Biden Congress
Fresh update on "stock markets" discussed on Prosper

Prosper

00:31 sec | 53 min ago

Fresh update on "stock markets" discussed on Prosper

"100 being very risky. One being very conservative. We also look at people's investments are the efficient Are they stuck in the cookie cutter portfolios of stocks and bonds? What if stocks don't do Well? What if bonds onto well, what are the alternatives we can use so that they could still be successful even if stock market doesn't cooperate. And obviously we look at the state planning. What's what's your plan? A distribution? Is everything gonna go where you wanted to go? Are you gonna avoid probate and to what extent you want to be in control of your assets even after you're gone? So let's summarize what we've been talking about here. It could be very difficult to consistently make.

Stock market rallies as investors prepare for Biden inauguration, earnings roll in

San Diego's Morning News with Ted and LaDona

00:34 sec | 4 d ago

Stock market rallies as investors prepare for Biden inauguration, earnings roll in

"GM has soared to another record after their driverless car deal with Microsoft. So lots of stuff happening with respect to the markets. Amazon Prime membership growing 142 million in the US all of this happening on one day prior to this inauguration. There's this by the dip mentality every time the stock goes down. And keep in mind. Markets were closed yesterday and we had sort of a horrible day on Friday and all of a sudden because it dipped on Friday. We're up again because cynicism doesn't last long in this market, and it really shows that the market has a significantly more time to go before it stops running.

GM Microsoft Amazon United States
Fresh update on "stock markets" discussed on The Real Estate Connection

The Real Estate Connection

00:42 sec | 1 hr ago

Fresh update on "stock markets" discussed on The Real Estate Connection

"Breaking will see you in a minute. Did you know? In the last four years the market went up, 74%. But the economy went down. 50%. How can that be? How do you have a market going up on the economy going down? I thought you had to have a good comedy for the stock market to go up. No more. Not with financial engineering. Not with quantitative easing. Not with stock buybacks. Hi, This is Phil Grandi. Think of what these Gangsters have been doing. They've been going out and they've been purchasing Treasuries to get interest rates down to zero. How do they do that? They print money, and they buy these treasures get interest rates down the zero. Then they loan it to the CEOs of the companies at zero interest, and then they simply by their own shares. Oh, I forgot to tell you that when they put that money You know those dollars in your pocket? Go down That fact. In the last five months, the dollar value in your pocket..

Phil Grandi Treasuries
Social Media Is the New Wall Street Trading Desk

WSJ Tech News Briefing

02:26 min | Last week

Social Media Is the New Wall Street Trading Desk

"There's been an influx of new traders in the stock market in the last year or so and we report that many of them have been turning to social media for information on what to make end where to invest here to talk. more about. what's been going on is our markets reporter mccabe. Hey caitlin thanks for joining me. Thanks for having me. So what exactly have we been seeing so over the past year really since the pandemic started. You've seen this rush of retail trading activity occurring and this has been a trend. That's been years in the making but because we've had so many people who were working at home. The markets were so volatile. You saw all these first time. Traders signing up for accounts and trying their hands at trading stocks and options and other securities and a lot of them are pulling their trading ideas from online communities across the internet. So you're seeing social media sites like tiktok twitter. Facebook read it youtube and many more that i haven't named all these young traders young and an all ages are going onto these communities and they're talking about stocks and they're bragging about their gains and commiserating about their losses and just debating which stocks they should be buying. And what does that look like. Are there any stories that stuck out to you. Yes so definitely. I mean as i've mentioned before we're seeing all of these traders who are trying their hands at this for the first time and do the pandemic people are often working from home or they may have been furloughed or laid off from a job and so we talked to one trader who during that period where she was out of work she was deciding to try her hands at the market and so Joined a discord group for the chat platform there and basically with a group of friends. She would wake up early every day. And kind of assess her stock moves and look at her options positions and then would jump on zoom call with her friends and live. Trade is trading kicked off every single day. And so i think what's most interesting about this trend is you're finding all of these. Traders are finding these little pockets of communities in which you know. They're learning about the stock market and they're teaching each other swapping tips. But some are telling me that they found really good friends in these communities and you know now they have these routines that they've established during the pandemic that you know maybe a year or two before they weren't doing and so really interesting that you know if people are out of work. I've talked to several traders who were like this that they're turning to the markets as a source of income and away to occupy some of their time.

Mccabe Caitlin Youtube Twitter Facebook
Fresh update on "stock markets" discussed on Fat Guys at the Movies with Kevin Carr

Fat Guys at the Movies with Kevin Carr

00:49 min | 1 hr ago

Fresh update on "stock markets" discussed on Fat Guys at the Movies with Kevin Carr

"The training. That the advisers at Maryland used to be getting So how are you feeling about all this? Are you excited and optimistic about the New Biden administration, or are you filled with dread and anxiety Because of the expected policies and laws you expect to see coming from a Biden administration. And how are you feeling about the economy Overall? Are you fearful that interest rates are going to skyrocket, causing bond prices to tumble? Are you concerned that the stock markets at an all time high and therefore has nowhere to go? But down? Are you upset that you're in a low interest bearing savings? Account or checking account or money under a mattress because you don't want to take the risks of investing in the market. Well, this is a conundrum for you, isn't it? And I get it. I understand the emotional roller coaster that you may very well be experiencing your don't want to invest in the market of of a fear of losing money. But you're equally unhappy about leaving your money in cash. Where its earnings zero point nothing. You know that over time, taxes and inflation are going to re road the value of that cash. What do you two do? Well, I want to help. We're offering now something brand new at Edelman Financial engines. We've been working on this through most of 2020. And we're about now.

Biden Edelman Financial Maryland Anxiety
Cowen's Co-President on Why SPACs Are Having Such a Moment

Odd Lots

04:12 min | Last week

Cowen's Co-President on Why SPACs Are Having Such a Moment

"Twenty twenty will obviously be remembered for a lot of things no doubt you know after the pandemic the all of the the political stuff that we saw the extraordinary sort of year in economics and the stock market and everything somewhere down the list. Maybe like down like fifty or seventy or ninetieth in terms of like the The things that people look back on i would say is kind of the year of the spac. Yeah certainly definitely if you're in capital markets is a year of this back and i think I'm trying to remember the latest numbers. But i think it was something like sixty billion dollars raised in twenty twenty which was more than the previous ten years combined. Yeah something like that right. So we've just seen this extraordinary surge for people who don't know the these vehicles where people buy into an ipo and then the company has some certain amount of time to then go out and actually acquire a company Bring it public subject to the approval of the people who bought into the ipo. We've seen a lot in the electric vehicle space. We've seen a lot and other technology other areas but just generally in a exploded and be you know once like many things in two thousand twenty not the type of thing. We expected to see in the first half of the year. I think like thinking back to march april. May we would not expect it to be such an extraordinary year in capital markets. Right and i think one of the reasons facts tend to draw a lot of attention. Is that most people are a lot of people associate them with these sort of pre two thousand eight financial crisis excesses so. There's this idea that there's so much money. Sloshing around in the system people are sort of desperate to put it to work so they'll just stick it into a blank check company not knowing what that company is eventually going to be just sort of hoping that their money will get deployed in one way or another so i think a lot of people look at it as another example of froth in the market but again as we discussed on a previous episode with someone who is actually running back. There's also an argument that this makes sense. The structure makes sense for a lot of companies in the market. Yes i think that's right for a lot of companies that make sense. And i think that's also a part of the change. Which is that. Not only were. I would say respects. Maybe associated with speculative excesses. I think they were associated with shady companies. That it's okay if you had a asset if you had a company that couldn't do the typical ipo route couldn't really withstand scrutiny. Maybe try to take it public. The spag and i figure it sort of like you know the they didn't leave a good Flavor taste in people's mouths and. I think that's changed and i think that one of the things that we saw this year is like more seeming. Higher quality assets came public that way more investors and banks with sort of a reputable or strong reputations willing to or eager to use this type of financing capital markets vehicle for this and. So maybe there are. They're shedding some of their previous reputation. Which was sort of not that these back stigma shedding this. That's well put shutting this back stigma. I mean we'll see. I mean who knows maybe twenty twenty-five we'll look back at the class of twenty twenty s bags and all have flobbed. There have been some flops. I mean like you know. Obviously not flops. But you know controversies. Nikola was very popular Spec that surged the moon for awhile and then all kinds of questions rose about its business and its ceo left. So there's still like a lots of questions about the type of companies coming public this way but it certainly a It does not seem to be going away anytime soon. Which means we need to learn more about Learn more about them.

Nikola
Fresh update on "stock markets" discussed on The Truth About Money with Ric Edelman

The Truth About Money with Ric Edelman

00:28 sec | 2 hrs ago

Fresh update on "stock markets" discussed on The Truth About Money with Ric Edelman

"Retirement money in the stock market bonds, real estate, variable annuities or or any other variable investment crazy is that you were doing the same thing over and over again, expecting different results. The results will not be different. Your investments will go up and your investments will crash. What is different Is that now it can happen when you were at or near retirement. At the same time, you need your money. If you were at or near retirement, it is time to stop the insanity and look at an option that is appropriate for retirement goals..

Atlanta Fed's Bostic says bank might taper asset purchase programme sooner than expected

Wintrust Business Lunch with Steve Bertrand

00:42 sec | 2 weeks ago

Atlanta Fed's Bostic says bank might taper asset purchase programme sooner than expected

"That let's talk about the Fed and what they you think are going to do in 2021. Well, it's interesting. You know what I said, was that the Fed starts moving in a hawkish direction prematurely, and that's actually happening. Already Fed President Raphael Bostic of Atlanta of the Atlanta Fed Is already talking about tapering asset purchases, basically cutting back on the levels of quantitative easing that the Fed is doing there was another fed president that echoed those remarks. I can't remember who it is, but that is definitely a risk that the Fed starts moving in a hawkish direction, and that would definitely take the wind out of the stock market. Very Dillion from Jared Dillion money dot

FED Raphael Bostic Atlanta Fed Atlanta Jared Dillion
The stock market is looking past DC turmoil and keeps going higher

Tony Katz and the Morning News

00:19 sec | 2 weeks ago

The stock market is looking past DC turmoil and keeps going higher

"Reporting, Despite the turmoil of the capital stock futures erupt. This morning down Futures up 99 points about a third percent S and P 500 futures up 18 points, which is nearly half a percent. NASDAQ futures up 79 25 just under two thirds of a percent Full stock market numbers of be available

2021 Stock Market Trends Will Be Widely Dependent on COVID-19 Vaccine Distribution

Yahoo Finance Daily

01:38 min | 2 weeks ago

2021 Stock Market Trends Will Be Widely Dependent on COVID-19 Vaccine Distribution

"Traders are heading into the new year with a vaccine rollout underway and more stimulus recently passed offering hopes of a stronger recovery. Once inoculations allowed the restrictions that have swept the country for months to ease still hurdles exists to the outlook and one of the biggest deciding factors in economic growth and rebound in profitability for many corporations will be the success of vaccine distribution as covid. Nineteen cases continued to spike. Many strategists. have said the big question for the global economy over the years ahead will be. How quickly populations are vaccinated particularly among vulnerable groups like the elderly and those with underlying health conditions who make up the majority of hospitalizations deutsche bank economists including henry allen wrote in a note if the most affected groups can be vaccinated quickly that could pave the way for a gradual easing restrictions and a return to something closer to normality to be closely watching any issues with covid nineteen or the vaccine rolled out not least given the new variants that have been found in the uk and south africa. Which more rapidly and have been found in increasing numbers of countries. They added as of monday morning. The first doses of a covid nineteen vaccine had been given to more than four point. Five million people in the us comprising over one percent of the nation's population. However dr anthony fauci director of the national institute of allergy and infectious diseases said president elect joe biden's goal of ramping up distribution to vaccinate one hundred million people in his first one hundred days was a realistic goal. According to an interview with abc on sunday

Henry Allen Dr Anthony Fauci South Africa President Elect Joe Biden UK National Institute Of Allergy United States ABC
What to know before the stock market opens Wednesday

South Florida's First News with Jimmy Cefalo

04:28 min | 2 weeks ago

What to know before the stock market opens Wednesday

"One big question, I think that a lot of people's minds with the news overnight out of Georgia and it looking Maura and Maura, like Democrats will control the Senate along with the House. And then, of course, the White House after President elect Joe Biden is sworn in on the 20th. What does that mean for the markets and for the economy? Well, we've seen some volatility in recent days, just based on uncertainty on duh. I think you know there's likely to be, you know, a few different reactions and play. But, you know, I think for someone investor's standpoint, you gotta continue to focus on the long term and long term. Statistics have shown that whether it's a divided Congress or not a divided Congress. Long run markets go up either way s O, you know, buckle the seatbelt and just kind of ignore short term volatility or whatever political posturing, you know, you know, but maybe maybe happening. That's you know, likely to Buffett markets up and down and short term, but you need to maintain a focus on the long term goals. The other thing is that just from an interest rate standpoint, um you're much of it is really hinged on the said on DNO, not on Congress so, but the Fed pledging to keep interest rates low, with the Fed continuing to buy $120 billion a month and long term bonds. We've got an environment of ultra low rates for throughout 2021. How important was it for Congress to pass that latest round of stimulus that relief package? How important was it for the economy? Huge on do you know? Unfortunately, it probably isn't even enough to kind of get us to where we need to be right now that I think the timetable of mass vaccinations by the middle of the year That's the gap. We need to bridge from an economic perspective businesses and if small businesses in particular, and a lot of households that were really hurting financially that you know for months had been kind of running down. Their their savings, exhausting unemployment benefits. It's you know, it's a welcome relief to have that extended But those unemployment benefits that have been extended till March. You know that's not gonna that's not going to get us to where we need to be So in the short term, it was a huge help T the households and small businesses that were on the brink. But, you know, I think we're kidding ourselves. If we think that that's gonna be sufficient to get us to the other side of this I'm joined by Greg McBride, senior vice president and chief financial analyst for bankrate dot com. With the Democrats likely holding power at all levers in Washington, D C moving forward, there's a likelihood that there will be Maura relief coming. Do you think that will be welcomed by the markets? Yes. Now I think you know the counter play to that is that you know, you're also likely to see some concern about growing deficits might fuel inflation down the road. So and and that can have the opposite effect on the stock market. So you know it's one of those where you no way see this where you know the market could be up Big one day and then it's like you know, the referee comes out from under the hood and says after further review. The call has been reversed. And then the next day the market goes down. Right. So you know, markets that embrace one thing One day, you know, could look at it is, you know glass being half empty the next day, or vice versa. That's kind of speaks to that volatility in the short term that I was talking about, But you know, long term, particularly with mass vaccinations. We get the faster pace of economic growth in the second half of the year. You know, I think that's when when things really, you know, we start to kind of grab a higher gear economically, You know, I think you know that That's that's really you know what's ultimately gonna gonna do? That's really the most important thing moving forward. I mean, obviously, the political situation in D C is gonna have an impact. But it really comes down to the vaccination distribution and how quickly we can ramp that up. Yeah, that's the hub of the wheel economically, you know, and it's you know, I mean, listen, if you you know if you did a rip in Winkle and fell asleep for a few months and then woke up, you know again, it's going to be still the vaccinations and the progress there. That's really going to be, you know, dictating not only the health of the economy, but you know, ultimately what we see as a result. With the financial health of households, businesses corporate earnings in the markets themselves.

Maura Congress President Elect Joe Biden DNO FED Greg Mcbride Buffett White House Georgia Senate Bankrate House Washington
Dozens of Hong Kong opposition figures arrested under national security law as stock-market futures slip, bond yield pops near 1%

Bloomberg Daybreak: Asia

00:27 sec | 2 weeks ago

Dozens of Hong Kong opposition figures arrested under national security law as stock-market futures slip, bond yield pops near 1%

"Dozens of people have been arrested here in Hong Kong, democracy activists and opposition politicians are among those suspected of violating Hongkong's National security law, which has been imposed by China. This is the largest round up yet under the new law. Asian stocks are edging slightly higher this morning, but US equity futures turning lower long term bond yields moving up toward 1% at the moment. The yield on the 10 year is right at 97. Basis

Hong Kong China United States
Amazon Air makes first outright purchase of planes, buying 11 Boeing jets to expand cargo fleet

KCBS Radio Midday News

00:23 sec | 2 weeks ago

Amazon Air makes first outright purchase of planes, buying 11 Boeing jets to expand cargo fleet

"Airlines. Amazon won't get those news 7 60 Sevens for a while, with the four from West jet undergoing passenger to cargo conversion and joining Amazon air later this year, while the seven planes from Delta won't join the fleet until next year. After being converted to cargo stock market bouncing back from Monday's sell off the Dow right now is moving higher. Currently,

West Jet Amazon Airlines Delta
Where is Jack Ma, China's e-commerce pioneer?

KYW 24 Hour News

00:42 sec | 2 weeks ago

Where is Jack Ma, China's e-commerce pioneer?

"In the world is China's best known entrepreneur, E commerce billionaire Jack Ma has not made a public appearance or social media post. Since late October, just over a week before a much anticipated stock market listing of Alibaba's financial affiliate and group was blocked at the last minute by Chinese regulators. Ma was even absent from the finale of the African talent show he created. That's prompting speculation about what might have happened to the billionaire founder of Alibaba Group, World's biggest e commerce company. Chinese regulators have criticized the company for edging out rivals from the market and hurting consumer rights. Alibaba, meanwhile, has been probed in China for alleged monopolistic behavior.

Jack Ma Alibaba China MA World
Joe Bidens presidency

Monocle 24: The Briefing

14:32 min | 3 weeks ago

Joe Bidens presidency

"And foremost happy new year to all our listeners. At the ever present risk of tempting fate it does feel like two thousand and twenty one can only be an improvement on two thousand and twenty one. Primary cause for optimism is the fact that after january twentieth earth's most powerful office will no longer be held by america's worst on imprisoned citizen description. Correct as of this broadcast between an untamed pandemic economic crisis and the spectacular mess made in general by president. Donald trump president elect joe biden faces a daunting oval office in trae won joint first of all by christchurch mcnichols news editor and by suzanne lynch washington dc correspondent with the irish times in this first part of the show. We'll look mostly at what president-elect joe biden wants to do and will do domestically but chris festival on that thought of succeeding donald trump. How much political capital does joe biden inherit just by virtue of not being donald trump. Well to be honest in some ways. That is a question that will be. I think more important end to discuss in the second half of our show. We look at foreign policy. Because i think that is where there is arguably a lot more political capital. You know joe biden will enter office of this month to lead a country that is still extraordinarily divided. It has to be said that whatever Court decisions were taken efforts to reverse. This election rejected by courts and by many academics. Who saw you know and others observers. Who saw no real evidence of fraud. It is important to point out. I think that potentially a majority of republicans are going to come into this year. Voters believing. Joe biden is illegitimate that that is not correct. That is not that is not what happened. But it is nevertheless a danger for democracy. And it's something that really i think is important to watch. Joe biden essentially has a tremendous amount of goodwill from half of the country who expects him to reverse many of the policies that donald trump implemented over the last four years and he will do a number of those from day one but we should not forget the other half of the country that will be causing a huge stink about all of this and it will be very interesting to watch how he tries to bridge those gaps particularly when it is such a strong divide as i say even in the sense of many just simply not even seeing him as their president suzanne to bring you in that division that chris delineates the is going to make extremely complicated one question. Joe biden will have to grapple with which is what does he do about donald trump. Does he as best he can. Just ignore him and hope he goes away or does he turn various congressional committees and the department of justice loose to try and get to the bottom wherever it may be of whatever. Wrongdoing was done. I don't think joe biden instinct will be to do that. I mean joe biden has presented himself very much as the kind of the nation's healer. He's talked about his own track record when he was in the senate for so many years of working across the aisle with republicans and working productively republicans. Now some might say that. Joe biden is suffering from naive radio. That washington has changed. That things have become much more polarized on they have in the last decade or so so he for example has has quietly hinted at his relationship with mitch. Mcconnell mitch. mcconnell is more more than likely going to be leading. i'm the two men have worked together. Particularly joe biden was vice president and mitch mcconnell in the senate and but even still you know. We saw mitch mcconnell reluctance to add call. Joe biden president-elect even though he had had won the election so that is a major at challenge for at for joe biden is going to be handling congress also. The problem facing him is democrats did very badly in november's election in terms of their seats. Both the senate and the house so not to pelosi now coming into a new year coming into a new congress with a much reduced majority and that is going to make things tricky for her. She's going to be tried keeper own party in check and i think a lot of the more left wing elements of the democratic party. Who basically were prepared to put away their differences with the establishment democratic party. If you like to try and defeat. Donald trump i now all gloves off and i think we're going to see this element of the party. The bernie sanders winged. Aoc wing. you know. Really kind of be vocal about what they believe. This joe biden presidency should deliver so i think you know that whole political reality of how washington is going to work with the mats in the house and the senate is going to be a constant challenge for joe biden other tries to govern. We'll chris let's look at the most pressing issues that will face president joe biden which is of course the covid nineteen pandemic now. Obviously there are grounds for optimism. Which is that a vaccine exists but it is going to take a while to get it to everybody. We are still months away from normality returning to the united states. Between now and then is there anything. The president biden will actually realistically be able to do to make an obviously already dreadful situation slightly less dreadful. Well i think he is going to try his damnedest to do that. he has set this or that that we all know now of Essentially a one hundred million doses of the vaccine in his first one hundred days disseminated to the public That's an ambitious goal. Although at the same time it it should be said that this was A goal if you will of the trump administration as well And this was. This was something that was planned. They had essentially bought one hundred million doses for the first quarter But the biggest challenge that we are going to see this In these first one hundred days is really going to be how that is disseminated. How is it gotten through to hospitals. you know and how states and local authorities cooperate with the federal government in order for that dissemination to take place how the army is potentially involved. It is a herculean task to get all of these vaccines out as quickly as joe biden has promised and i think it's going to be interesting because on the one hand you know he is as we you know he's he's still not president until january twentieth much of the work on this has been done by the trump administration At the same time there is you know there is this risk if you will or you could also put it in a positive way. There's an opportunity in that joe biden. I think will very quickly find that. This becomes his pandemic to deal with. And that he will be reckoned with in terms of how he is able to get certain programs underway. That means that his people his entire operation is really going to have to hit the ground running incredibly quickly when they take over in particular because they also have not gotten that much help that much cooperation from the trump administration in the transition. Suzanne joe biden has of course being in the white house during one previous dramatic intervention in the united states economy. When he and barrack obama arrived in the wake of the two thousand eight collapse will he be tempted towards something similar in the current circumstances or preceding more on the assumption that wants the vaccine is taking effect. The us economy will more or less sort itself out. Well it's it's a very good point. Under i mean i think there are lots of parallels here actually to what obama faced obama joe biden back into into a nine and you know even between the election on the inauguration i mean america. I'm particularly america then. The wider world was embroidered the biggest financial crisis in decades. And they have to deal with that. So yes there are a lot of parallels i think joe biden has a proven record on this and they were able to pass the tariff act. They did the the bailout fund for the auto industry hugely complex pieces of legislation. Where a lot of money involved. And that may well be the case. Again i mean the. Us economy at the figures december have been worrying. There has been worst. Jobless figures than had been expected am the signs of recovery. We saw in the late summer. You know really didn't continue as we kind of got into that second. Wave around thanksgiving time so i think the economic consequences. This you know are really not getting. Maybe enough attention here. Obviously so at the figures are overwhelming in terms of the deaths the infection rates and but there's also a huge impact on the economy. And i think we're going to see i. I believe around the world. It's it would probably accentuate this. You know the difference between the house and the have nots. If you like you know the poorer are are people who are have lost. Their jobs are in less secure. And yes we're seeing the stock market. Do very very well throw twenty twenty and a lot of people. You know hoarding cash. Essentially as saving. So these kind of issues i think are going to be front and foremost for joe biden particularly. I mentioned already because of this very strong left wing within his party. They want joe biden. Who who has been pivoting. More to the left economically i think for example compared to say a hillary clinton at the time you know four years ago and i think he has suggested you know with his pick johnny yet and his treasury secretary. She talked about for example. The need to address structural issues economic inequality along racial and gender lines in the united states describing how they are important for the economy to address that. So you know what he's going to do in terms of getting more covert relief. Package is going to be a key element of this first one hundred days in parallel to the huge logistical challenge of getting those vaccinations out trying to encourage people to get vaccinated etc and again. This is all going to depend on his relationship with congress and these are going to be. It's going to be a lot of money involved in this and Republicans in particular in the sandwich have been At loggerheads with democrats out late twenty twenty about the size and scope of a of any rescue package for the american economy and you know commentators ironic air pointing out the national dash went way up under trump a now are we going to start hearing republicans complaining about the national debt. So i think that whole aspect as i say in parallel to the the health issue is going to be a key concern for biden in the first few months presidency. Chris susanne mentioned there a couple of members of president-elect biden's domestic team we should talk about obviously the highest profile member of that domestic team which vice president-elect kamala harris do. You anticipate that she'll be a more visible and obviously engaged vice president than usual because it's going to be a very different relationship. Between her and president biden vice president biden had with president barrack. Obama perhaps ironically as things have turned out biden. wasn't really seen as a natural apprentice. successor To the much younger president he was he was running alongside whereas you already. Since there's a a feeling gathering kamla harris's president in waiting. Well i think To continue the two thousand two thousand nine parallels in in some ways. This is a sort of the reverse of that. As as you're discussing. Because i think when joe biden came into office as vice president he sort of provided the experienced the heft to the to the obama administration as the time as the sort of political establishment candidate for you know a relative neophyte in barack obama at the time and so his role You know he was. Obviously you also had before that dick. Cheney famously is maybe the vice president who really transformed the role but joe biden sort of ran with that and he was this You know incredibly powerful Very involved vice president as involved if not more involved than dick. Cheney was as vice president you know before that vice presidency often was seen as this very unimportant role and so i think in that sense perhaps looking now to kamala harris In some ways there's a reverse there because she is not the one providing the heft if you will joe biden is now even more experienced than he was back then so he will be the the fully experienced leader if you will in this campaign In this in this white house And so the question will be in that sense. What kind of room. He is willing to give kamala harris. What exactly she is going to put her stamp on In terms of us. And i think that's still a bit of an open debate. He obviously picked kamala harris because they have a good working relationship. She is somebody who was Arguably more of a centrist than some of the other candidates that he could have picked. You know she's not from the bernie sanders wing of the party. I think that was important because in wanted to pick somebody not only who was historic in terms of being a woman. I african american as well in the vice presidency But really somebody that he could have a good working relationship with in order to use her as both a trusted adviser and entrust her with leading on certain issues. So i think it will be very interesting to see how that relationship plays out and finally as you say as one point he obviously has not expressly said it but many would assume. There's a very good chance that joe biden will be a one term president and so in that sense. Yes this is. Come a harris's chance to really show that she is the one who will take up the mantle of being the leader of the democratic party of the future christchurch. Mac thank you for the moment.

Joe Biden Donald Trump Senate Christchurch Mcnichols News Suzanne Lynch America Elect Joe Biden Mitch Mcconnell Chris Delineates Mcconnell Mitch Chris Let Democratic Party Congress Barack Obama Irish Times Suzanne Joe Biden Biden Bernie Sanders Washington Washington Dc
What's Ahead For The Economy In 2021?

NPR's Business Story of the Day

04:21 min | 3 weeks ago

What's Ahead For The Economy In 2021?

"We have a brand new year which begins with the very same economy that we had yesterday. What are the trend lines for. Twenty twenty one. Npr chief economic correspondent. Scott horsely joins us scott happy new year. Happy used so would up. Yeah yeah there. We begin the year with vaccines being distributed. Not as quickly as expected but millions of shots are out there. What's that do for the economy will it. It does mean things are looking up. the folks of the federal reserve. Now say they think the us economy is gonna grow more than four percent in twenty twenty one they think by the end of this year unemployment will have fallen from six point seven percent now to around five percent. Both those forecasts are rosier than what the fed was expecting just a few months ago There was also a survey by the national association for business economics that finds growing optimism nearly three out of four business. Economists surveyed think the economy will have regained all the ground. It lost twenty twenty sometime by the second half of this coming year. The second half of this coming year but in this first half. That's beginning. We clearly still don't have a handle on the pandemic now. I mean we're still losing more than three thousand people every day in this country. We've lost more than three hundred. Forty thousand americans so far to the virus. That's an enormous. That's an enormous human as well as economic loss and because so many people are still getting sick Seeing more restrictions imposed on in-person businesses consumers themselves are also getting more careful about going out and shopping and spending money. We also know now that there's a new variation of the virus here in the us that appears to spread more easily and that could lead to more restrictions still it is encouraging that we have these highly effective vaccines. That were developed at warp speed. But so far the shots are getting out there At a much slower speed more like a local subway You know president-elect. Joe biden has had a goal of delivering one hundred million shots in his first hundred days in office right now. We're doing about two hundred thousand so unless there's a sharp acceleration a two hundred thousand a day. Excuse me yeah so it's gonna take a really sharp acceleration too to get anywhere close to the kind of speed that that biden talking about. In the meantime public health officials say it's even more important that people keep wearing their face masks keep their distance rather people and keep washing their hands so this becomes the critical factor for many businesses. If you're working in the restaurant industry if you're running a movie theater if you work in the airlines anything like that you've got hazards ahead. Other parts of the economy. I guess would be less affected. Just as was the case in twenty twenty. That's right is this has been a really uneven Recession and a really uneven recovery both for individuals and for whole industries people who can work from home and have a job that's in demand Might be doing just fine A lot of factories now to near pre pandemic levels. They've been able to keep their workers spaced out and they're making products that people are buying consumers are actually buying a lot of stuff right now. In some cases they're spending more on Goods because they can't spend money on services like eating out or travelling or going to concerts. service businesses though and the people who work in those industries that think the people that the businesses that depend on bringing people together. They're still suffering We could however see a fairly rapid turnaround services once people actually feel safe going out in crowds again during the hunker down. Some people have actually managed to put some money. Aside and that pent up demand could come unpacked once the virus under control. where's the stock market at. It has been a wild ride We had a gut wrenching plunged during the spring of twenty twenty when the pandemic i took hold in the us but since that time stocks have made up all the lost ground and then some that al jones industrial average closed yesterday at a record high. It was up more than seven percent from the beginning of two thousand twenty. The s p five hundred grew more than sixteen percent last year. Some of that was driven by big technology. Stocks that profited from are stay at home. Lifestyles during the pandemic netflix amazon. For example but some of the recent gains have also come from more consumer stocks and even beaten down industries like cruise ships so investors are betting that the worst is now behind us and twenty twenty one will be brighter. Let's hope that's true the broader economy as well

Scott Horsely Scott Happy National Association For Busin FED NPR United States Joe Biden Biden Al Jones Netflix Amazon
Everything you need to know about New Year's Eve trading hours

KNX Morning News with Dick Helton and Vicky Moore

01:09 min | 3 weeks ago

Everything you need to know about New Year's Eve trading hours

"6 50 Now on KNX Spinal Trading Day of the year is going to check on your money Here is Frank Mattek. Alright, well happy New Year's Ive here. It's already 2021 an Australian In 10 minutes, it'll be 2021 in Tokyo. The stock market is mixed here. T o close out the final trading day of 2020. We got off to a mixed chart here and now we're moving a bit lower after a record run up the Dow right now pulling back 38 points for record high, NASDAQ Down 26 the S and P. 500 down three. The opening market report presented by owning dot com It's been, of course, a big year with the fastest bear market selloff we've ever seen, then the shortest bear market ever and then a string of record shattering performances Since then, the main street economy, of course, is still fragile. But we're seeing the unemployment lines getting shorter over the past week and a new hope With this latest stimulus package. The unemployment claims this past week came in just below. 800,000, of course, still alarmingly high. The price of oil saw quite a wild ride in 2020 dipping to negative $40 a barrel this past year during the economic shutdowns Right now it's up around $48 a

Frank Mattek Tokyo
Paul Tudor Jones Reflects on 2020's Effects on the Economy

Yahoo Finance Presents

02:39 min | 3 weeks ago

Paul Tudor Jones Reflects on 2020's Effects on the Economy

"It is my pleasure to bring to you. In exclusive conversation with paul tudor jones the cio of tudor investment corporation. Paul is also the co founder and chairman of just capital and he's the co founder and board member of the robin hood foundation. Paul it is such a pleasure to have you join me today. It's great to be with you julia. You're the nicest personnel wall st. paul. I appreciate that in our viewers are obviously grateful to hear from you. So let's start big picture here. Obviously twenty twenty has been a year like we've never seen a from the global pandemic the sell off in march the historic fiscal and monetary a responses that we saw the election now a runoff in the state of georgia marketing all-time highs or new highs. And of course the vaccine news the white at the end of the tunnel so kind of framing all of that and not a lot to digest. What are your views of the market and also the broader economy. Well i think the the stock market's on its own a combination of fiscal monetary. Pulse that we've never seen before in history like this. Of course that's why you got more companies with a peo over a hundred at any point any other time in history. I think we're something like fifty percent more than we had in the top of the two thousand nasdaq bubble. But there's again if you just compare and contrast and in two thousand we had real rates of about two hundred fifty basis points. We had nominal rates near six percent. And yet you still were able to achieve these lofty valuations for roy added companies. Fast forward where we are now. You've got real rates that are negative two hundred basis points nominal rates zero and again. You can see. You've got tesla nine hundred times earnings because the fact there's really no real good alternative for your cash. And so what we're seeing is what you see. Normally in many post-election years a redeployment of back into risky assets after the fears that are associated with presidential elections in change in parties and the uncertainty and knowing after they go away irrespective la times even with the fundamentals are risk capital comes back in the markets. And that's kind of what we're seeing now and i assume that trend's gonna continue.

Tudor Investment Corporation Robin Hood Foundation Paul Julia Georgia ROY Tesla LA
What if you were hunted by the Japanese Mafia?

This is Actually Happening

04:53 min | 3 weeks ago

What if you were hunted by the Japanese Mafia?

"By most profound theory lights was that i would lead and uninteresting life and i was forever in envy that other people would read an interesting life and i wouldn't. I came from kind of a prototypical new york city to kid. Jewish family father was a stockbroker and my father became time to perfect barometer of the stock market so he would come home in the evenings and his behavior was completely function of how the stock market had done that evening. My mother by contrast was a much more complex individual who had been a market researcher at the beginning of her career and felt that no amount. The questions she asked of her children would ever be enough growing up. Under my mother's careful observation was extremely close to the experience of being cross examined by a brilliant attorney so speaking through my teenage years. She was a person to be diligent. We avoided this wonderful figure in my youth and my teenage years. And i've actually my college years. My mom's first cousin who was art buchwald art buchwald by first cousin was america's preeminent political satirist in the sixties seventies eighties He tried to hide as much as possible that he was highly aligned with the democratic party. But he in fact actually was at became the godfather of bobby. Kennedy's kids as ethel chose him To help advise her and support her. After bobby. kennedy's assassination and sixty eight. He wrote a series of. I think about thirty five books that made the new york times bestseller list was syndicated in seven hundred papers and he was an incredible force of personality. Everything about art was kind of exuberant consciously or unconsciously As i went through college. And i spent a little bit of time in dc where though i did live in his house i tried to live as much as possible on his dime soaking up as many free lunches either in his office or what may some blank where. He held court several times a week. in his company just because he was so funny and so connected in washington society the closer my commencement from university came the greater. Manning's -iety grew that. I needed to come up with something interesting to do. My experience upon graduating from university was a lot like the film. The graduate i moved back into my parents house and settled into. What i think is for a lot of people the most profound depression that the ever have to return to their parents home and to be faced with the prospect of organizing the rest of their lives. I moved back in and tried to come up with an interesting concept and The only thing interesting. I could think to do it seemed lucrative and it seems. My skill set were Jobs on wall street and since my father had spent thirty five years on wall street and was a good guy. I received an offer to go to work for bear stearns and the idea of accepting that offer filled me with horror so one night upon accepting that offer. My mother and father took after dinner. My mother in attempting to make levity of suggested that she would buy me a picture book of the world and this idea stopped me dead in my tracks me sitting in a cubicle up two. Am in an investment bank office and taking the book out for my desk and looking at pictures of japan. I decided that japan was paris. Paris was where buchwald had begun his career. So this moment hit me like a brick. And i. I never showed up. I never accepted the job or went to work. Through a series of connections. I found out there was position open to become a newspaper reporter in tokyo naturally. Went to see my uncle about it. He said you've got to go. This is your moment. There's a travel agency on the first floor. Get up off your seat. I'm going downstairs to buy the ticket for you.

Buchwald Art Buchwald Bobby New York City Ethel Democratic Party Kennedy New York Times America Manning DC Washington Bear Stearns Depression Japan Buchwald Paris Tokyo
SPACs: The Backwards IPO That's Taking Over Wall Street

NPR's Business Story of the Day

03:37 min | 3 weeks ago

SPACs: The Backwards IPO That's Taking Over Wall Street

"The hottest trend on wall street. This year is a spec. That's spelled s. p. a. c. constantly house backs backs best back frenzies. Back actions back is the new black former house speaker. Paul ryan's got us back. Shaquille o'neal's got us back and the youngest self made billionaire ever just brought in all that cash through a spec. What the heck is a spec will let. Npr's camilla Explained in an ipo or initial public offering. You start with a company that wants to go public and then investors toss a bunch of money at it. A spat or special purpose acquisition company kind of flips that around investors pool. Their money together. I with no idea what company they're investing in then. That pile of money goes out and looks for a company to merge with the company gets the money and the stock ticker with a lot less paperwork until recently this was not a well regarded way to go public. They have this sort of shady origin. Story right rodriguez is a professor at the university of georgia school of law. There are these blank check. Companies really had a bad reputation a lot of blank check. Companies were outright frauds. So the federal government. Crackdown suspects added more safeguards to the blank check model like investors can get their money back if they don't approve of the company that gets picked but they were still on the fringes of the financial world until now and probably done one or two huge back combinations a year for the last five years until this year and then i would say the of the market just exploded. Sarah morgan is a lawyer. With the firm. Vincent in elkins specs today over fifty percent of my practice this year. Why now well if you look past the bad reputation specs have some real advantages there. Faster than ipo's and have less uncertainty for founders. Both attractive during this really uncertain year. Austin russell is the ceo of luminary a company. That makes lighter. That's like radar but with lasers it's used in self driving vehicles. He founded the company as a teenager. Now he's got contracts with companies like volvo. It was time to go public and he saw the appeal of a spec. You've got the process end to end and in a like four months as opposed to having to spend huge time distraction for the better part of a year or two and he'd seen several well respected companies. Do it i. it's pretty cool. His spac merger earlier this month made him at twenty five forbes's youngest self made bilionaire. Today's specs have clear benefits for founders. Like russell who can go public with less paperwork they can also mean big bucks for the sponsors who organize them in fact sponsors make so much money if they close a deal that some critics worry. There's an incentive to merge with a mediocre company just to get that payday and that raises a big question whether this spac craze will be good for investors shiver drita says the risks are real because the flip side of making things easier for companies is inevitably that the risk of fraud to investors goes up. I don't know anyway to square that circle some of the sears specs have performed badly on the stock market and others have raised bigger concerns after zero emission truckmaker. Nikola went public through respect. It was accused of fraud which the company denies despite the skeptics the spectacular rise in specs shows no sign of fading away camilo domino npr news.

University Of Georgia School O Paul Ryan Sarah Morgan Shaquille Camilla Austin Russell Neal NPR Rodriguez Elkins Federal Government Luminary IPO Vincent Volvo Russell Nikola Camilo Domino
U.S. durable-goods orders rose in November

KNX Morning News with Dick Helton and Vicky Moore

00:44 sec | Last month

U.S. durable-goods orders rose in November

"Well, some lumps of coal in the latest bag of economic reports. We're getting this morning consumer spending down 200.4% last month. Sumer confidence down this month, according to the final December reading from the University of Michigan, Reuters survey. New home sales down 11% in November and durable goods orders up was seven months and row but the signs of a slowdown emerging On the job front. We are seeing unemployment lines get shorter this past week down to 803,000 just before Christmas Eve, But of course, still very high Initial state job was claimed sank by 89,000 over the past week. The stock market's in rally mode, that now right now, 162 points the S and P 513 the NASDAQ, which started the day at a record high pulling back six.

University Of Michigan Reuters
"stock markets" Discussed on Today, Explained

Today, Explained

04:58 min | 5 months ago

"stock markets" Discussed on Today, Explained

"Is like if their poll numbers get really bad and they haven't yet well the the whole dynamic with Senate races, this year has been that. Republicans had been worried about trump's approval rating and trump's status in polls, and especially in battleground state polls. That's what they're looking at Joe Biden. Now leading president trump and all six battleground states an for a lot of vulnerable senators, Susan Collins of Maine, the paycheck protection act and stuff that they did in the last current virus package is a big part of their argument for reelection. So right now, battleground polls between Biden and trump appear to be tightening a little bit Republicans are feeling like they are a little bit more competitive than they were maybe in late spring early summer. And so right now I feel like you know there might sort of be this idea of we can blame the Democrats for this. We can kind of by ourselves a little bit of time, but that also might just make all of this worse. All of this worst for both Republicans and Democrats in the long run to the president takes some more executive action. I know he did three or four things about a month ago the president restoring unemployment benefits, minimizing convictions, suspending interest on student loans and enacting payroll tax cuts could he do more now at the end of the day congress is the body that appropriates money trump can't just conjure money out of thin air. You know he can sort of direct where it goes through the federal government but Congress is the one that has to appropriate new funding and so without this new funding and especially as we're going into winter where. People are already going back to school were already seen cases spike especially at colleges and universities. Outdoor dining that we've had that sort of kept restaurants afloat is going to have to move indoor for winter. They're all these other things that are happening. You know flu season's going to happen. So you know to just baseline like not approving money to even just prepare for the next few months is concerning but at this point you know they're trying to get money approved to. Clean up the mess of the summer. So strategically that puts you way behind you know when the US is sort of trying to deal still with this big crisis that isn't going away. In a way of the economic crisis has sort of had cushion because Congress had passed. This two trillion dollar cares act back in March that had the expanded unemployment insurance, the six hundred dollars a week, and so a lot of people were able to kind of exist on that. It was actually a boost to some people's. So the economic fallout hasn't been as bad because Congress acted quickly and decisively and pass this two trillion dollar bill back in March. But because we now have this months long lag where there's no new money being passed I think that the economic fallout could be much worse down the line..

trump congress Joe Biden president US Senate Susan Collins flu Maine federal government executive
"stock markets" Discussed on Today, Explained

Today, Explained

05:11 min | 5 months ago

"stock markets" Discussed on Today, Explained

"Okay. So tech stocks have been sort of leading the charge because tech companies have been doing really well during the pandemic investors have confidence in the future of this country. The interest rates are super low and the Fed is buying a bunch of bonds. You mentioned Donald Trump a few times. Credit does the president really deserve here down trump when the stock market's doing well would like you to think that it's all attributable to him. In the stock market is not doing well, it has nothing to do with him. But he really has tied his presidency to the stock market. There's always nice to begin by saying the stock market is up again, which is set another record. We have another big record stock market day and another record in the stock market or the history of our country which to me means jobs we just hit. The highest number in the history of the stock market. How much of it has to do with him like I mean, some of it does trump has had very market-friendly policies back in twenty seventeen. He signed that giant tax cut bill that was really great for rich people and for corporations he has been good for the stock market now has he been the only? Reason. The stocks are doing anything of course, not like part of it is yes. Politics part of it is market friendly policies, but it's also the day-to-day headlines like apple has really good earnings. That's good for the company like it. Ultimately, stock phrases are supposed to be tied to feature expectations of earnings for a company. So soft move for variety of reasons, trump has given. Investors. Reason to be confident but he's not the only reason that the market moves. In any given moment we've been hearing president trump take credit for the stock market for like four years but strangely at the Republican National Convention it didn't seem to be one of his biggest stocking points. I'm going into the convention I assumed they're gonNA, try and find a way to. Get the Dow personified onstage, and then it just wasn't really there. He talked about it on Monday after the roll call for a little bit and then during his acceptance speech for the nomination, he he kind of named tanked the market and then moved on take a look at what's happening with the markets. Take a look at your 401k's which you probably do every hour. Take. A look at your stocks were very close to breaking the record Nasdaq. Has already done. You Know Nasdaq is broken the record I think sixteen times already. If I? It's not quite the vision. That Republicans. Wanted of their party whether or not it's actually what they value when you watch the Republican. Convention. It seemed like what they wanted to talk about more was how Donald Trump is not racist. Also crime is on the rise and it just wasn't high on the agenda. Right? We we touched on this in our RNC recap episode last Friday clearly, the game plan was to try and chip away at black voters women who are inclined to vote for Biden. Are those black voters and women not day trading though how many Americans are invested in the stock market. Well I mean yeah I like. If you look at the statistics, a small majority of Americans have money in the stock market. Now does that mean they have a giant software fully that day trading? No. But a lot of people do have money in a 401k pension things like that and there are a lot of ordinary people who are investing in stocks right now. I, mean. With absolute robinhood, which right now is kind of the hot APP. We're all of these day traders are flocking to our people also have been really boarding porn and have been playing in the market and investing and. There's an argument that the market should not only be for the wealthy that that ordinary people should be accessing and should have the opportunity to access it. The risk is so I. Guess there is a benefit for a lot of people but like there's a difference between my apple stock went up and like, Hey I don't have a paycheck. In the long term, the economy will improve I. Think what's happening right now is market seems to indicate. That the economy is to prove pretty quickly. I would argue that part of that is an assumption that Congress will do more in terms of stimulus. A follow up to the cares act that president trump signed into law back in March. Does a pretty big assumption. But maybe the market will be right..

Donald Trump president apple Fed Congress Dow RNC Biden
"stock markets" Discussed on Today, Explained

Today, Explained

04:19 min | 5 months ago

"stock markets" Discussed on Today, Explained

"stock markets" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

05:15 min | 6 months ago

"stock markets" Discussed on Stansberry Investor Hour

"They go bad in the stock market. You get the picture. So having all of them go up together makes you wonder makes this fellow Mike Harris who really like twitter, wonder and I agree which one of them is gonNA give. All of them, is the stock market going to give out? And will continue to see strengthen bonds and metals. Or whether metals correct. And you know we'll. Stocks will will be okay in the metals of correct, and then you'll get that last great buying opportunity. It's an interesting for traders for short term trader types right now. It's a bit of an interesting puzzle. I think in the market. And you see volatility up to as I'm speaking to you. So, what does that well? That's people buying put options when the S. and P. Five hundred right, so they're hedging that those gains that they're seeing stocks. Personally I'm a longer term guy in my extreme value newsletter I think our average holding period is around. It was right around eleven hundred days. I usually check daily and right now it's Oh. It's a thousand days. Yeah, little over a thousand days so. That's not that's not like what's going to happen next week or next month, right? That's next couple of years and we have positions that we've had in. There were still holding stocks we recommended in. One of two thousand, eight, two, thousand, nine, a couple of names so. no longer term. That that's a different discussion, but right at this moment it's a little weird. And when you have folks like Dave Porto, Toy, Sake I control the stock market. You know it. It just makes me feel. Stocks are overdone whether that's short term or whether we get you know finally get the longer term. You know real bear market that I I would think would be around here somewhere remains to be seen. And you know there's a lot of good arguments for for saying that we won't get that but look. If you look at the history of the S. and P. Five hundred of the stock market in the United States. There's very few times when it's gotten this expensive. To point three headed toward two point four times sales, and that's a better gauge than price earnings by the way then p. e. priced sales is better. It's been more reliable over time. and. You know when when it gets up around here as it's done very few times, it tends to be kind of a big. Big Top and what if we do this? What if all that happens over the next? I? Don't know you tell me five years. What if all that happens? Is that we get these events like we got in March where all of the sudden, the market's down thirty percent in a couple of weeks. It would make sense to me. that. From this point on you know. We had this regime of really low volatility that appears to be gone. Haven't seen. The VIC's much below. Haven't seen it below twenty in quite a while..

twitter Mike Harris Dave Porto United States
"stock markets" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

03:55 min | 6 months ago

"stock markets" Discussed on Stansberry Investor Hour

"And he says they're never going to do it. Because you know there's nothing in it for them. But one of the things he pointed out was as the ten year. Yield falls meaning the price of bonds rises the collateral. Becomes more valuable people use these things as collateral to do levered trades. So as the collateral becomes more value, what do you do well? Your Algorithms and things say we need to lever up more because the collaterals worth more. We need to borrow more and buy more. But. What happens when you're no longer getting a positive yield from your ten year bonds that you're holding what if it goes to zero in negative? Well, then you're paying. To own these bonds, and you don't WanNa. Do that, so maybe it starts unwinding. I'm not saying these things are gonNA crash the stock market or anything, but they could be good for a correction and you know stuff's been going straight up lately, so I I tend to worry about that. When you see markets, just all going straight up together I think it's wise it sensible to become a little concerned doesn't mean you run out and sell everything. But just take the case of. Stocks and bonds. Are you know once crappy? The other slightly less crappy, so yea. And then we have golden silver that have been doing real well, especially silver. I've talked about mark portrayal before he's. You know he's one of these guys in stands Berry who worked for? He worked for Steve Cohen. We have all these people who worked for like Cohen, and Soros and you know Goldman, Sachs and all this stuff. It's really cool. and He's thinking that silver needs to take a break because it's just kind of gone straight up in that makes sense and other traders are saying you know other folks that I sort of listened to are saying the more this coach straight up the bigger correction is going to be also make sense. But heard one fellow forget who it was now and so sorry, I wish I could give him credit, but he's suggested that look..

Steve Cohen Sachs WanNa Berry mark Soros Goldman
"stock markets" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

05:22 min | 6 months ago

"stock markets" Discussed on Stansberry Investor Hour

"Berry investor our I'm your host Dan Ferris I'm also the editor of extreme value published by stands. Berry research today. We'll talk with William. Cohen Cohen is the author of several books. Today we'll talk about the last tycoon, the secret history of Lazard Fairs and company. Where he spent several years of his career. Huge high-drama. It's really cool you. WanNa stick around for it. This week in the mail bag, not a lot. Just two questions one about real estate and another one about the Federal Reserve and inflation in my opening ramp this week we'll talk about stocks, bonds, gold silver volatility, and the man who controls the stock market that and more right now on the stanbury investor our. I, control the stock market. No, I don't control the stock market. That's what Dave Portnoy. This guy who apparently sold barstool sports, a sports website I don't even know what it does. I don't go there. I'm not a big sports guy. But he sold this thing for four and a million bucks, and he's now fancies himself a stock market guru. He says he's making fifty one hundred thousand dollars a day in the market. He says stocks always go up. shortsellers should be investigated by the he's like. He's such a sign of the top I. Only direct you to his twitter. Feed Dave, portnoy check it out, but he tweeted. Earlier this week he's he's always saying things like I got the stock market in my back pocket I. got this stuff I'm better at this than Warren Buffett of this kind of stuff. And this time he says I control the stock market. Now obviously Dave Portnoy. Does Not Control Stock Market. It's just a further sign. Things people say at the top now. You'll never catch me calling a top. But these are things that people say at the top. This is the kind of stuff that happens when markets just go up up and as I'm talking to you. What's going up? Well, stocks, bonds, metals and volatility everything. It's all going up as I'm talking to you. You've probably seen the moves and silver. Talk about that in a minute. But first. Let's talk about the S. and P.. Five hundred verses the ten year. Treasury bond. I think this is probably GONNA wind up being a somewhat important relationship..

Dave Portnoy Cohen Cohen Dan Ferris Lazard Fairs Federal Reserve William editor twitter Warren Buffett
"stock markets" Discussed on Money For the Rest of Us

Money For the Rest of Us

05:59 min | 9 months ago

"stock markets" Discussed on Money For the Rest of Us

"Most of it going to a health coop a healthshare and five percent to utilities. So if we look at my personal GDP and the contribution to the market not real high. Is it the economy is not the market. But when I pay those people that helped out at our house that money did flow and some of that went back to Goo facebook Amazon Apple. I don't have a beef against those companies but I certainly don't want to stake my net worth on their economic fortunes on whether their stock will continue to outperform the overall market. Because history suggest I will be disappointed back to that. Study by J Ritter if you look at the one thousand nine hundred countries all the countries had positive per capita GDP and all had positive stock returns when he said there's a correlation. There wasn't a tight connection between the countries that had the highest per capita GDP growth rate. They didn't have the highest. Doc returns he looked at what the countries that had the highest returns. What did they have in common? He pointed out the top seven Australia South Africa the US Sweden New Zealand. Canada and the United Kingdom all and. Here's his quote had the good fortune to not have major wars fought on their territories and the last century a misfortune that befell most of the continental European countries. War is not great for the stock market. It's destroying your country's manufacturing capacity destroying businesses and households. He pointed out that those high return countries predominantly speak English with an English common law tradition and Long Histories of democratic government in other words institutions. That people trusted a number of them had economies tied to the natural resources sector like Australia. What he did find. Though that there was a very tight connection the countries that had real dividends per share growth had the highest performance which is good because stock market long-term. And I've taught this numerous episodes in in my book is driven by dividends. The income the cash flow and how that cash flow or dividends are growing. And then what are investors willing to pay for that growing cashless dream now versus later but the countries that did the worst on a performance standpoint didn't have dividends per share growth it contracted on a real basis. That's important that's what drives the stock market long-term it's the income in income growth. And where do these companies get income from their products households and private businesses? And when you have a major global recession like we're experiencing now where's that money coming from to tide over those that are unemployed coming from the federal government two point nine trillion dollars? The federal government is spending to help households and businesses the Federal Reserve. The US Central Bank is expanding their balance sheet from four trillion to over ten trillion with programs to lend to businesses and to buy assets in the market including exchange traded funds for non investment grade companies debt junk bonds issued by companies that also have stock trading in the S&P five hundred. Do you think those stocks did better? When they found out the central bank would buy their bonds because there was a liquidity crisis in the bonds across the board. Were selling off the. Us government will run a budget deficit to GDP of over eighteen percent over the next year. That's money that is flowing into the economy that is money that households and businesses will spend that will boost corporate profits of S. and P. Five hundred companies. Do you think that the stock market is doing well because the US government is running a huge budget deficit? The market is not the economy but the market is very very dependent on what is happening in the Economy Muhammad Hilarion. He's the chief. Economic Adviser of Aliens spoke on CNBC yesterday and he talked about this win win for investors investors in the five hundred win if the pandemic is contained and there isn't a second wave and the economy bouts his back quickly v-shaped recovery and if that doesn't happen investors win because the Federal Reserve has backstopped the market it's true the stock market and GDP growth are not correlated from year to year but the stock market depends on household and business income flowing in from the government from the private sector not only bind their products but buying their stock providing a bid for their stock as individuals invest in their defined contribution plan the top twelve bear markets in US stock market history..

federal government Doc Federal Reserve Us Australia Economic Adviser of Aliens J Ritter Canada CNBC United Kingdom New Zealand Africa Sweden
"stock markets" Discussed on Money For the Rest of Us

Money For the Rest of Us

04:52 min | 9 months ago

"stock markets" Discussed on Money For the Rest of Us

"Industrial revolution will be live streamed come on in the S. and P. Five Hundred 's fine Sarah Ponsak wrote in Bloomberg. The market isn't the economy though it's at least a reflection of it and a bet on what will thrive in the future unsurprisingly amid a crisis bent on keeping everyone at home bets are coalescing around companies that ease the burden of being locked indoors she quoted Jack Genocea with a portfolio strategist at Nat Texas investment managers. They oversee a trillion dollars in assets. He said the I opener when you look at the ones you're worried about. He's talking about stocks within the five hundred airlines leisure companies. It's not a big chunk of the S. and P. Five hundred it's the old adage where the market isn't the economy that really hits an important piece here a lot of the stuff we're worried about. It's just not a big chunk of the S&P five hundred so maybe we should've react by selling off thirty five percent. Finally Matt Phillips in New York Times wrote a piece titled Repeat After me the markets are not the economy he wrote. The stock market looks increasingly divorced from economic reality. The United States is on the brink of the worst economic collapse since the Hoover Administration. Corporate profits have crumbled more than a million. Americans have contacted the krona virus and hundreds are dying each day. There is no turnaround site yet. Stocks keep climbing even as twenty point. Five million people lost their jobs in April the S. and P. Five hundred stock index logged. It's best month in thirty three years. The top five companies in the S P five hundred employees about one point two million workers worldwide the. Us has a hundred and thirty-three million employed workers last month it was one hundred and fifty six million over twenty million jobs. Lost those five companies. Employment makes up only zero point nine percent of jobs and across the entire S. and P. Five hundred those companies only employ about seventeen percent of US workers. What other evidence do we have that? The stock market is not the economy. We're going to explore that in this episode. Here's some data from Ned Davis research when U. S. real GDP gross domestic product a measure of output the dollar value of goods and services produced when has grown at a pace greater than six point one percent year over year the S. and P? Five hundred has lost four point six percent. That's going back to nineteen sixty when GDP has been below zero point eight percent that would include contractions year-over-year the S&P five hundred index has gained twelve point. One percent stock market is better when the economy is doing poorly according to that data set. Here's another piece of data. This goes back to nineteen forty eight again from Ned Davis research comparing year to year changes in nominal gross domestic product or the US compared to s and p five hundred earnings over that timeframe US nominal GDP has averaged six point four percent annual growth the S. and P. Five hundred hits average fourteen point six percent earnings growth. There is zero percent correlation. Statistically between those two data points in other words whatever GDP does it has no influence to what the earnings are doing in that given year no correlations not negatively in that earnings are soaring when GDP is falling. But there's really no relationship before we continue. Let me tell you about a new sponsor to the show a tool that I use every day in my writing. It's Gramley Gramley is a digital writing assistant. That helps more than twenty million. People put their best words forward. You can sign up for a gramley account for free. And you'll get real time spelling and grammar checks as you right. But I use grammer premium because it provides some advance. Real-time feedback one of the things that it's really good flagging is when I use passive voice because it flags it. I can decide if there's a better way to potentially word that sentence.

United States Gramley Gramley Ned Davis Sarah Ponsak Matt Phillips Hoover Administration Bloomberg Jack Genocea Nat Texas New York Times
"stock markets" Discussed on Listen Money Matters

Listen Money Matters

08:34 min | 11 months ago

"stock markets" Discussed on Listen Money Matters

"And I'm here is always with Andrew. Andrew Are you an. What are you drinking so good so good. I don't know if it's because I haven't talked to you for like three weeks so merely refreshed pretty sure we talked to Sunday but okay assery by drinking a cranberry sauce beer which is like red. I'm not naive and drinking beer. Barely now it's whole fruit juice. The the only downside is that it's a six point five percent. Abc and isolate. We need much higher. Abc for this episode. Okay yeah we gotTA kill bacteria. That's right I'm drinking a corona with lime. I'm not when I'm drinking my own beer today. This is I'm calling it flashes of Quincy and and it is a CITRA MOS- Yes I Yeah I have to. I have Ten gallons of it so I'm GONNA to get a lot of work to be two beers back tobacco name beer and I'm going to move forward so right. Today's catch phrase comes from John Maynard. Keynes Keynes Keynes. Yeah economists who popularized the stimulus? So there's like these Maynard Keynes and and Hayek and they're like the two big COM anyways moving on moving on today. We're talking about really good. Wrap that on Youtube. If you want to really you Syria yeah actually. I wanted to make sure I really remembered which one was which and so I watched the battle. It's actually very accurate and educational today. We're talking about the elephant in the room. This is very top ago. We're talking about the corona virus and specifically the stock market meltdown. That it cost so look. I'll be honest with you. I just I just got over the flu you did. I was asking if she thought you had. The crow now. Definitely didn't have grown virus. But I'm over it I'm I'm good I have been kind of roughly following. What's been going on in news but I feel like you are added another lovely obsessively been following. I literally am now paying the New York Times and paying Bloomberg because every morning I have to just I don't know. Do you think what you're doing is healthy. I'm very interested In it because I feel like nothing like this has happened before that since I've been whatever I'm GonNa like so focused on my now like two more people have died or shirt that's not not to diminish the death so I'm more interested in like all the things that are happening as a result of okay so what is happening as a result of these high level DOOM Z. Things I don't want this to be a doomsday ish episodes and I don't I have my own opinions and I've read some stuff Mr Prodi mustache recently. Had A post all about it. I read which I you know. Attend to my. I didn't even read it. Yeah I agree with a lot of what he says so blitz. Let's just talk about. Let's talk about what specifically happened and why we're even doing an episode and how the coronavirus relates the money at all. Yes okay and I'm just GonNa like kind of we'll we'll blast through this list of theirs. Apl points here Probably could have made it a hundred but you know one. The market's dropped over a thousand points. Yes Almost twelve hundred points actually a single largest the single largest one day drop in history. Yeah it's pretty scary. Yeah so you know all those other times you thought they were bad well. This was apparently the drop Ryan one right As a result of everyone being crazed and jumping out windows whatever's happening Robinhood had an outage because of the massive trade volume two days two days and they've been like new. They've been open their doors. Yeah I had a long time and I'd like ten million users. I just recently started using Robin Hood for buying gold and stuff so yeah I got a lot of those emails came through and I was like. Oh come on. You know it's ridiculous yeah You know the Federal Reserve. We haven't hit zero percent interest rates yet although we're getting that the Fed reserve just dropped rates a half a percentage point which is twice the amount that they've been doing. Mom that was that was right after the summit convention. I believe they were all. They all got together. And we're like do it do it now and they did not to say that. I think that this one any. I don't think the problem is people feel that the interest rates are too high borrowing. This will affect anything so what I saw the thing about the Federal Reserve Dropping. The interest rate is one and I don't know if if you guys have a a a high interest online savings account you've probably got an email in the last couple of days at said trumping there. Yeah they're going to drop it. So that's what's going to happen there. Does this mean anything for mortgages new mortgages? Yeah they they could perhaps be lower and they were already pretty low. Yeah I mean like at this point. I don't think that you're not buying houses like these rates are too high. You know like the lowest ever right right but stimulus I mean. That's that's what they're trying to do. They're trying to stimulate the economy bringing it back or Economy. The stock market. We should be clear because yeah. Interestingly eighty percent of the value of the stock market is only Just from the ten percent yeah. Riches people right right exactly But anyways moving on Bill Gates wrote an incredibly awesome Article compelling garments to act and he essentially believes that this is a once in a century pandemic in that CA- countries the US. Great example is not taking things seriously. Yeah they they're definitely not and by the way we're recording this on Thursday. This is going live in three days so God knows what happened. I know this could all change. Yes yeah either good or bad. It was all a joke. It was all April full. Yeah like Ha. It's actually new album dropped that's right. It's called pandemic pandemic we got you and just to kind of keep railroading. The News I I don't know if you know this. The virus start in China who had Not where the routine Glenn is from every point of confusion. I duNNO I. Some people might be confused But basically China went up almost completely stopping their economy for a month And a lot of their capacity is still offline. There's people won't be going back to work until March Fifteenth Odds about ten days still even from now And China is the world's factory where your iphones are made. It's where a lot of the pieces of your cars are made they consume massive amounts of everything raw-materials of the base consumer They spend more on travel in a year then the US does And so a lot of spending and production has stopped for what is almost twenty percent of the year on. You can't just like start an economy backup. It doesn't just doesn't sound like an on off switch. Yeah that's rough that's rough you know. They're these pictures and you look at China. And there's like it was like before after the street covered with people you there's like debatable sidewalk right. Now that's what I thought. I watched the video on Youtube that I thought was so fascinating it was about how they built the the. The hospital on that was crazy. It's hospital per se. They'll still though it yes to put up a massive building that can hold a thousand patients in in ten days. Pretty and it's all it was all modular. He didn't stop it was. I thought that was very cool. But yeah you know that so. Yeah China's having some issues in fact even with the car sales there that's a that's been down so ninety two percent car. Sales have slumped because people in China. And they're not working they're not gonNA side as a result. They're not spending in a buying thing. Yeah Next point you have here about hand sanitizer.

China Keynes Keynes Keynes Youtube Federal Reserve John Maynard Abc Andrew US flu New York Times Robin Hood Mr Prodi Quincy Bill Gates CITRA Bloomberg Ryan
"stock markets" Discussed on The Daily Beans

The Daily Beans

11:36 min | 11 months ago

"stock markets" Discussed on The Daily Beans

"So let's do that. Hashtag into trending on twitter right now. People are calling Corona Virus Hashtag trump virus. They're trying to name it after him and I'm all I'm all for them. So if you WANNA have a hop is gonNA hate that so much. I love it. I know isn't that great? Want to hop on and help Keep Hashtag trump virus trending And so many different meanings in. Oh Yeah Great. He himself is a virus. Exactly people that support him that ideology I should say. Not The p the hate the ideology the heat and the fear it is a virus Yes Yep so check it out. And there's a lot of some some people are just tweeting the Hashtag just to keep a trending but there's a lot of good tweets out there on it too so that is our show for Friday. The twenty eighth February is almost over. Holy Shit Yeah flew by. It really did. Which is exciting when you think about as being closers. November yeah. It's Friday. The twentieth like February Twentieth. Sorta has a little sad hole like a hole in my heart on that day because it was supposed to be when Flynn was sentenced But that's being pushed back on one day you'll get it. We'll all get it Just wanted to know how long he's GonNa go to jail for probably won't be. It'll probably be anticlimactic three years and I'll be like yeah but at least I'll know but he'll probably get a pardon to. Yeah all right. Yeah for blowing up his plea deal and do what he did. Yeah Rewards Nepal Yup the rewards program the pardon rewards program. Go ahead and crime. He'll pardon you all right. Well everyone any follow thoughts for you. I do have a final thought and I don't know if I should wait for a manager to be here to have it but I'm having I hate to bring it down. But I'm having kind of an issue on twitter with how people are talking to me and Amanda over our support of Bernie and it's getting to a point where it's very. I don't want to say disrespectful because that's a kind of an authority driven word. I don't mean for it to come off like that but people are tagging. Us incessantly Saying pretty like harshly worded things saying that you know were misusing our voice saying that were intentionally you know turning a blind eye to something things that are pretty big accusations and if they're not accusations than they're failing to respect the fact that we are all going off of the same news sources and we are coming to a different conclusion with our own opinions and we are being told that we only have these opinions because of some other actions you know something like we're repeating Russian propaganda. Republican led talking points. I really just wanted to express how much I don't appreciate that from human to human. It reminds me of when my parents were divorced and fighting constantly in any time I tried to say how I felt something that I felt very strongly about the other parent to me would say you're only saying that because you know your mom said that or because your dad said that it's just incredibly disempowering. How many folks are truly just trying to take away like the validity of your feelings and your choices. Yes and and as if they have some other set of information that we do not have and it seems honestly a bit ages and condescending a lot to the interactions that I've seen in that I've experienced and I'm not saying I don't want people to challenge me you know but I don't want people to not challenge. Amanda I understand how important this is to people. I want to encourage everyone to try to be a bit more intentional with how they speak with everybody about where they're at politically regardless of myself were in. Amanda can speak for herself but it's just incredibly Yeah I don't even WanNa say invalidating is the issue. It's just not productive in its. I feel like it's an an attempt to change our minds by making us feel sort of like powerless not knowledgeable Stupid like steps being pulled over our eyes and we don't see we don't understand it. It's just becoming an issue. It's becoming an issue for me where I don't WanNa go on twitter anymore to interact with people because it's like every day it's more and more and more And I just wanted to say that and I know that that's awkward and twitter's fucking dumb and social media sucks but the fact is it is our life in a lot of ways in this election is very important to everybody including myself so please assume that. I'm not you know but I'm not stupid or that I'm not ignorant or I'm not turning a blind eye intentionally or like I'm anything other than someone that truly thinks that the people and things. I advocate for the things that I truly believe are the best for our country right now and I don't even proselytizing. I don't even tell people to vote a certain way you know you don't at all like no we have discussions about the news. That happens and none of us. This podcast doesn't endorse any like we haven't endorsed anyone on behalf of the podcast and we won't until until somebody's nominated and I totally understand where you're coming from and that sucks that you feel that way man. 'cause I I've seen some of the comments and it's you know a lot of us say you know we get dragged online by Bernie supporters and then to turn around and drag Bernie. Supporters is kind of just counterproductive. Yeah it's kind. It's not how we should treat each other and if I disagree with your choice for president we can talk about why on the issues. I can exactly tell you why. Don't want Bernie to be my nominee because there's a couple of things with his health health plan. I think other people have better. That's that is a talk. That is a chat. But for me to say you only support Bernie because you aren't smart enough to make decision or understand that you're repeating Russian propaganda and you're too dumb to realize it. Even though a lot of these things are things that I have felt maintained and advocated for since before the Russia interfering days. Yeah in fact when you were you and I had a conversation when you were an activist in college. You've actually SORTA come back to the center a little bit from where you were before so like this is even less left for you. It is yeah and I think what's also frustrating for me is I. Try very hard to only advocate. There is a pretty decent during a time where I was sitting on Tulsi Gabbard pretty hard and also Bloomberg currently so we're respective of those people. I try very hard to not shit on other candidates. Yup You know and I very infrequently even talk super positively about Bernie but even if I say anything. The hounds are released on me and other people and it's not even for me. I say this for the other people that I know. Go through this with people that are in there too. It encourages people to not talk. It makes me WanNa not say anything you know. Yeah and that's bad. It's bad and it's very disingenuous. I don't think that's honestly what you want in a podcast host. If that is something you want no and you should never shame anybody for who they vote for. Shame people for not voting. But don't see you know if you're going to vote and you're passionate about something and you're knocking on doors or whoever you're not gonNA endorse for. I love that and everyone should love that. Yeah Yeah I'm sorry going through that. Now it's okay. I mean I've been through it a little bit. Yeah I got actually banned from twitter for because I repeated what I was. The name was being called online. That's hilarious banned. Yeah that's great so that was fun but yeah a fat bitch whore slut idiot like and you know my my. I'm always like are you trying to get my vote like do you want my vote because I'm open to having discussions and I would be told like now you're fucking lost? You're moderate old boomer piece of shit murder you know and so it does. It just feels like he. Just don't even want to go right there and I'll speak for myself here but I'm a very like sensitive person and I take things. Take things that people say very seriously at personally. Yeah in in personally. And that's you know perhaps own issue yet. That's perhaps my own issue that I need to worry about but when it comes to political advocacy in something Politics is just such eight incredibly large part of my identity and always have been. I didn't like just pop on this. Microphone just start talking and thinking about this. Just saying whatever comes into my brain or something since started the podcast. It's yeah you never into news or politics before right yeah. I didn't decide to major in political theory and spend all my days lobbying as a student advocate. And all of these things. So it's very frustrating and disempowering and I really just want to encourage people to rethink how they talk to each other and Thank you for letting me be sensitive. One hundred percent and yeah. Yeah what what. What did I say on our facebook group? Talk to people like their Michelle Obama. Talking to people the way you would talk to Michelle Obama Or or how you talk to them if you were in front of their face. That's a good point. Yeah I'd like she's for for me like she's my model of grace Grace at which I am not graceful is word or deed so I'm really trying to be more kind and to and to amplify kindness and so I really appreciate you giving your point of view because I think amplify and kindness is so important right now. It's really just really hard to get a kind word out amongst to the cacophony of asshole. Orie that's happening. Thank you so much for sharing that. I appreciate it totally. Thank you for letting me. Of course that was a very unscripted. Long speech quite all right. We had the time makes playoff playoff music. Where does that come from the Oscars? I know like we have the same song. Yeah there must be something. Psychologically about the tones that get people to like fucking moves that we turn on account of any information on that song hit us up at daily means pod. Everyone please take care of yourself. Take Care Take Care of the planet and take care of your mental health. I've been AG. I've been during Coburn's the beans. The daily beans is executive produced and directed by AG. And Jordan Coburn and engineered edited by Mackenzie Mozelle and Star Burns. Industries Are Marketing Manager Executive Assistant Production Social Media Direction as Amanda Reader Fact Checking Research by AG Jordan. Coburn and Amanda Are Music is written and performed by they might be giants. Are Web design and branding or by Joel reader with moxy design studios and our website is daily beans pod dot com..

twitter Bernie Amanda Jordan Coburn Michelle Obama grace Grace Tulsi Gabbard Marketing Manager Executive As facebook Russia executive Flynn AG Jordan murder But president Joel Orie Bloomberg
"stock markets" Discussed on The Daily Beans

The Daily Beans

07:26 min | 11 months ago

"stock markets" Discussed on The Daily Beans

"I wanted to bring this up because we sorta covered this yesterday and I it just delivered like do that thing where you have a thought and the net thought gets reinforced. And you're like yeah. So Bloomberg is now being accused of paying people to cheer for him at the debate and South Carolina There's no evidence of that. Obviously this was a click bait headline like Bloomberg accused of paying people to cheer for him. That's not really what happened. But he did receive many suspicious loud cheers from his very mediocre performance while other candidates had some zingers that were met with crickets. Yup and Bloomberg was in desperate need of an improved performance after he was dismantled in the first debate Brought to you by Elizabeth Warren and that was in Nevada but CNN's Chris Cillizza. Like I said this is sort of reinforced. What we talked about yesterday in candidate should not be allowed to try to pack the debate hall with Cheering Section. Who applaud when they open their mouth. It's not only annoying but it changes the way people watching on TV perceive answers and the way the candidates give them And the candidates that give them. There's no evidence like I said that he directly paid anyone but Jordan. You're making the point at thirty two hundred dollars a ticket on the high side. It's no wonder he's got fans in the crowd you know the DNC calms director said candidates. Get the same amount of tickets. Excuse me they get the same amount of tickets. No one is packing the whole. This is how conspiracy theories get started. Thanks DNC Dad. I personally don't feel good about the DNC But I can't believe anything. Anyone who has taken Bloomberg money says because the DNC has taken a lot of Bloomberg money. This is why we didn't take Bloomberg money. It's feel like it would would. Pills are dirty money. It would take her credibility like. Do you really like Yeah Limburg. And now what are you telling us? That isn't real so I know the DNC has taken a lot of of enough money from to get him on the debate stage to change the rules in the middle of the game after candidates already had to drop out by not meeting those criteria. Yeah people are saying that money was just going directly to the state's democratic but it's like maybe do a different fundraiser. That's not the presidential debate. Yeah but I don't know if that's what's happening every single debate. I imagined to a certain degree. It is because it's such a big production and they're so many people that are you know investing in it so I imagine there's a decent amount of payout to various organizations but that high what I don't I never heard of tickets being that high. Any of the other debates. I love this idea. No applause that. We've had debates where you're not supposed to know applause. Maybe let them a plot at the right end. If it's like a huge Zinger though sometimes you can't contain it gas. Yeah you know and that's okay And that is how it should be. That's how the reactions should be in those in those halls and no playing of of any candidates ads during debate. Stop it I don't care how much money frigging gave you all right. Let's see let's move along here now Elaine Chao We haven't talked too much about her but she's been in a lot of fucking trouble. She's the embattled head of the Department of Transportation. She's the wife of Turtle Dick Mitch Mitch McConnell. She's facing a ton of ethics violations and problems nepotism one of them. Yes actually been making a lot of money for her husband. She sending a lot of money into Kentucky. She's she's specifically sign like doing deals with businesses out of Kentucky which she is not supposed to be doing and now her husband gets to help pick the new inspector general for her agency. Oh that's going to oversee her conduct. Yes this is the inspector general that would succeed. The previous Inspector General that was investigating her At least one of the scandals involves money for Mitch said and now he's poised to protect himself and his wife by he could hold up a permanent replacement for the inspector general or install a friend and then the only people purple. That would hold Hannibal for doing that. Would be the Department of Justice or Congress could investigate but my app but what pieces have until we blew. The more booby blinn. Yep Wow that's shit is fuck just more corruption more cover up more friends more. You keep climbing All I all I have to say is if you don't vote. I'm Marie so mad at you because if we can just get them in the House we get somebody in in the to get rid of bar these all these crimes the statute of limitations will lapse if trump wins another term So if you WANNA see these folks prosecuted vote. If that's your only reason to vote just do even if you hate whoever wins you know. Just fucking do it. We Want Ruth Bader Ginsburg to be able to retire. We Wanna be able to replace her With a a judge that doesn't suck and you know. And we got to prosecute these fuckers. So vote a yeah. Oh she's she's she's piece of Shit Eric and I'm sure Congress is looking into it too. I mean can you imagine how much they have to look into on a daily basis? It's gotTa be insane so Eric. Trump is mad He's attacking the Scottish Green. Party's leader Patrick. Harvey after he called. Patrick Harvey called for an investigation into the money behind. Land purchases saying there were reasonable grounds to believe and suspect that the US president or people connected with have been involved in serious crimes. Eric trump went after him. That's who they sent out to go after in the national calling harvey and irrelevant spineless politician. But Harvey says there are big questions about trump's business dealings He says quote the purchase of the many estate and the turnberry golf resort part of trump's huge cash spending spree in the midst of global financial crisis when no one would lend to him while his son was bragging about money pouring in from Russia. Sorry if I'm looking into it you know The US House of Representatives has heard testimony. This is still patrick. Harvey talking saying that That says we saw patterns of buying and selling that we thought were suggestive of money laundering. The government has the power to investigate. Why trump's income doesn't match his spending So Eric Trump says Harvey's comments are disgusting. He has no evidence. He's recklessness irresponsible and comments or unbecoming for a member of the Scottish Parliament. People don't understand what investigation means to gain more evidence just to look at something like why are you opposed if you're innocent shot up and it's like not your government and he said Eric Trump also said his conduct doesn't serve the best interest of the Scottish people and he should be admonished and sanctioned for admonished and sanctioned for his conduct. We we get a mouse in your pocket we demand. He immediately retracted libellous statements. Oh he's going to sue a failing which we will hold him fully accountable. So also the government of Scotland Sue Scotland. Because you're concerned about their own frivolous investigations. That will waste the tax dollars of Scottish citizens. So I can stupid dumb thing ever. They probably are going to do that. They'll probably launch an investigation and have bill bar. Go over there and find out what's happening just absolutely stupid and ridiculous That is what's going on in Scotland We have some good news right after this break.

Eric trump Bloomberg DNC Patrick Harvey Dick Mitch Mitch McConnell government US Chris Cillizza South Carolina Congress Kentucky Scotland Elizabeth Warren CNN Ruth Bader Ginsburg Elaine Chao Scottish Parliament Jordan
"stock markets" Discussed on The Daily Beans

The Daily Beans

10:27 min | 11 months ago

"stock markets" Discussed on The Daily Beans

"It'd be glad you did all right. Everybody welcome back during. What's going on with the corona virus to So kind of some scary stuff Mostly scary stuff coming from the top pence as we know he's in at the helm of the Task Force Swiss to be addressing krona virus. And that in itself is scary but now he's controlling all messaging. That's coming out from the governments. In from HEALTH OFFICIALS ABOUT CORONA VIRUS. So everything that government health officials and scientists are wanting to say and tell the public. They have to coordinate that statement with the vice president's office and that's obviously you know scary to think about considering there. He's forcing it to be filtered through a mesh of unqualified. The you know like pull. Yeah like hey super smart scientists. Let me done this downpour. You run it through the pence filter right and I don't know what the prospects are of US knowing what the statements were supposed to look like before the ones that were actually going to get. And I'm trying to not be super conspiracy. Theory you know theorist about adjust yet because what they're saying is that they're doing it to make sure the right information gets out because there's been some moments where some people have said one thing and other people have said another thing so he's saying that he just making this rule so that it'll be a unified message and so there's less you know chaos when some of this information is released that is incongruous congruent Congress I am one hundred percent not believing any fucking thing. This White House tells me about the weather about diseases. Nothing about something that happens in in Iraq the like I just don't believe anything they have to say. Yeah I'm also starting because our podcast attracts a whole bunch of people. Some people Some of them actually have a lot of insight into some of the things that we talk about. This I've gotten some messages from sort of anonymous sources that saying stuff like I can't tell you more unfortunately but I will just say. Don't trust what they say. And that's a scary thing to hear and I hate to even. I'm sorry I'm repeating right now because I don't think you know they mean to stoke any fear other than the fact that continued to be skeptical of anything that comes out of that office. But I do think that we're going to see some whistle blowers in the future. That are going to come forward about what's happening with how they're handling this right now. Yeah and did you see the story about the whistleblower? Those lower I do not yeah. There was a whistle blower. Apparently in I think it was health and Human Services. They you know when they sent everybody over to go and pick up the the folks from Wuhan. Put them on the plane. They didn't send any safety gear. They weren't wearing masks. And when the whistle blower tried to blow the whistle. She was reassigned. Wow so she's they're retaliating against whistleblowers now covering up Covering up for them not doing their diligence to the right thing to make sure it didn't spread to more people. Yeah so we have that chilling effect on whistle blowers not to mention the Ukraine whistle blower chilling effect that that outing that whistle blower hat and of course the firing of vitamin and. I mean a lot and a lot of people are just you know the cleaning house. At the Department of Justice a lot of people are just like if I speak up. Yeah I think a big part of it of why they're starting to force their own messaging on top of the messaging of all these officials actual scientists is that the stock market's being hit so hard so yeah if donor losing money yes and if they can try to shape the message around a narrative that isn't going to scare the stock the stock market as much and they can put as positive of a spin as they can on it. That's going to hopefully maintain you know. This is their thinking. Obviously I'm thinking that this is going to help to the the stock in the stocks. Continue to drop because the economy is the only thing that trump really has to campaign on at this point it is and I could terrifyingly see him say. We can't have an election this year because you can't go to the polls or or or like you know the there's a stock market emergency We I need to stay in office. We can't have an election you know just I just crazy shit. I know that's way out tinfoil hat stuff but like I wouldn't put it past him. I mean he talks about having been president until the year. Seventy thousand so I mean. I don't even know what to do about that. But just the whole putting a cap on communications any scientists. Cdc That they the lady who the doctor who came out and made the stern warnings is Rosenstein. Sister and trump is very mad at her waging a war against her great so yield vitamin treatment. Yeah and report rods. Probably just okay. Whatever you say buddy you know he's just so we're not standing I just so spineless. Yeah and speaking of no spines. There's two more people that are now a part of the coalition. That's under Mike Pence That are on the team and it is Treasury Secretary Steve. Mnuchin talking about people crafting messages. That's not going to upset the stock market He's on there And then Top White House economist. Larry cudlow what kind of kind of would wrapping name Flight of the conchords Yeah and WHO's the other Guy Larry Could White House communist the mother adding the money guys. They're adding the money guys to the team and that is shitty that they're gonNa make the argument though that it's like it will affect the markets drastically you know or just how operations happen. So that's probably how they're just gonNA that's what they're gonNA say they're they're uses. Yeah are short the economy during this crisis That'd be nice if they said words like that those are big words groups and then another virus news. This is scary. This this happens yesterday but we didn't report on it till today. Case of crony virus has been confirmed in California in Northern California. And I believe they were treated in Sacramento County. I think I read. What's scary about this case in particular though is that they can't seem to find a direct link to when the individual could have contracted it from anybody that was traveling back from any of the countries where cases have sprouted before that point or or anything really so this is called. I think it's called the community. Contraction community spread community. Yes exactly right. Yeah in Dr William Shatner. He's an infectious disease. Specialist at Man. William Shatner William Shafter Schaffner chef so close. It's very close boats. Yes we imagine. How many phone calls? He has look Your name after the Jenner. It's like Matt Jaffe. Matt Gertz is is another guy. He's a journalist. He spends most of his day like wrong guy. I know yeah man. I met Gertz but Dr William Shafter Non Shattner He is I said an infectious disease specialist at Vanderbilt. He said the thing that would immediately make all of us. Uneasy as if this person has no direct contact with someone who comes from an affected country that would suggest there are other undetected cases out there and we have already started some low grade transmission. Yes so yeah. The year and a half away stockmarkets done ten percent were into a correction stock week since the crash. Yep they were pretty reckless with their repatriation of folks. I know out of the cruise ship for example They had put people on planes that they didn't know had corona virus. That was what the whistle blower was blown La. Okay do you remember. Think I brought this up. There was a couple that was on the ship that was Americaine and when they had the doctors came to be like all right. Let's go time to go. They were like no thank you. I'm safer here. I don't trust that you guys have done the right shit so I'm not just going to get on an airplane and contracting. Yeah and then that happened. I know some people were like help. Us trump come save us trump and then other people were like fuck game has trump. I'm not getting on your plan. Yeah this family was like we're just GonNa stay in Japan then and then we'll stay over there until you guys say we can come back but I feel safer staying here than I feel going with. You guys yeah. That's awesome. Yeah it is awesome and it was a good call on their part. But it's really scary. I was being sarcastic. Oh yeah yeah like. That's terrifying. Yeah Yeah it is awesome. Bet they had the right call. Yes that is awesome. I'm glad that they're safe. But we have just a totally incompetent unstaffed government yet right now yeah in so many different sectors and every sector is going to be affected by this. It's already happening in other countries in the global economy. I do think to just small public health now. Given this it's probably possible that it's making its way through communities you know or is well on its way to doing that and a lot of people won't even have symptoms. A lot of people will just you know just present as a mild cold and they won't get that really shitty second-wave during like stay five. I think it is or something where the respiratory failure comes so just like. Wash your hands constantly. Wash your hands. Your Hands Smart. Stop shaking hands. Stop Fist bumping. Do Elbow bump. That's what I do Sneeze into your inside of your elbow. Yeah Wash your frigging hands. Carry some parole around with you and just you know be we. I mean we should kind of do those things but yeah anyway. But I'm I'm not a very precautionary person so I I do have to make some behavioral changes to make sure that I can name like be not sick. Yeah I should but I should do those things anyway. So all right. We'll be right back after this with more news. What do we have? What do we have on the other side of the break? Bloomberg is being accused of something. Oh Yeah Elaine. Chao we're GonNa Talk About Turtle Dick Mitch's wife and Eric. Trump is really mad about something. That's pretty that's pretty funny story so sit around. We'll be right. Hey everybody it's a g in the segment of daily beans is brought to you by Neum. Everybody wants to be healthier and live a longer happier life but comparing ourselves in individual goes to others can be counterproductive and discouraging. That's why I started neum about year and a half ago and getting in shape doesn't have to be about losing a.

Trump White House Matt Gertz Dr William Shatner US Task Force Swiss vice president Mike Pence Larry cudlow Jenner Sacramento County Iraq Bloomberg Wuhan California La Ukraine Japan
"stock markets" Discussed on The Daily Beans

The Daily Beans

14:19 min | 11 months ago

"stock markets" Discussed on The Daily Beans

"In? Hit the notes okay. So the house. Nearly unanimously passed Historic Bill. It would make lynching a federal crime on Wednesday a law you would think would get unanimous support but no for assholes voted against it. Republican Ted Yoho of Florida. I didn't know we had a pirate I don't know why that is Florida. Go you sailed in one day. Never left Republican. Louie Gohmert of Texas possibly the demand on the planet Republican Tom Massie of Kentucky and Justin Amash houses loaned independent. He was a Republican. He voted no so get this. They voted no because it encroaches on states rights my God lynching states right. That is bold. Yeah that is bold because that has been the common Republican confederate flag refrain forever. Is that the. The civil war was not fought over slavery. It was fought over states' rights. What makes us different than just murder? Like in terms of where you'll overstep into state's rights territory because this bill sort of expands hate crime They include this sort of expands. What it means to be a hate crime and murder is tried as you know in states And so that's actually the argument. That just in a mosh was putting forward saying look. You know the states if a crime is a crime. It shouldn't be you shouldn't have these hate factors involved in them And the states should be a should have the right to to prosecute these lynchings murders. And you can't because they because these Republicans want these murderers to be able to face the death penalty which you can't face if you're tried for a federal crime Interesting Right And it makes you think about like I hadn't thought about how our laws are split up like that jury. How are jurisdictions are split up like that before because we've been watching a lot of federal criminal trials so they voted against it because they want states to have the right to sentence that person to death. Yup It has nothing to do with whether or not they think lynching is bad. A probably not right. I hope not right the way I mean when you first hear that headline though that's going to unless you do more research that's going to be your first thought is like what could they possibly have against that. But truly the what could you have against it making it a federal crime? I mean it just it. I can't tell if here let me read you. Some of the things that they've said murdered than really quick. Sorry murder is not a federal crime. No interesting and then that's largely like you said because of the sentencing or punishment guidelines that they wanna leave to the states to determine I think so. Wow integrate me from wrong in that and yeah. I'm actually going to reach out to some lawyer. Yeah because I in my head like all crimes just sort of went into one bucket right before you know yeah and I never thought about the difference between a capital crime a federal crime. A crime is a crime. The state's prosecute federal crimes. I don't know you know like how does it work? How do you determine what jurors what falls under what jurisdiction? Yeah Now I think if you you know if you murder someone and then cross a state line then maybe the FBI gets involved and you're in you're talking about breaking other federal laws. Yeah I'll have to. I'll have to ask because I mean it seems like I should know What if Murders Federal Crime Depending on how you murder I don't know I had to look into it. Do some research. Yeah but let's see Who's this Yoho Pirate Song in my head? Every time says this bill today isn't overreaching. Encroaches on the principles of federalism hate crimes fall under the jurisdiction of states which has led forty forty six states producing various. Hate Crime Statutes in my home state of Florida. These crimes are already under state government jurisdiction and are punishable up to death. Gohmert says he wants states to penalize people for Lynching so they can face capital punishment a Marsh Sites Death Penalty Amar cited similar reasons saying quote created Creating federal crimes for matters that are normally handled by the state obscures. What which government federal or state is responsible for investigating and prosecuting the crime and it gives power to unelected federal officials whom voters can't directly hold accountable so like the attorney general or the US attorney or district attorney. But but we'll know district attorneys. I we do elect right So that's like where they where they separate right so like the appointed people that would exist in. Sdn Y right like Jesse Lou or When Joyce Vance was prosecutor. Us Attorney in Birmingham that kind of thing. that's how I believe. Yeah yeah well secures and so do you think. Do you think that really only four people thought that way or just everybody else realized how bad it looks maybe to vote no on it. Yeah or like why not you know and I mean yeah I feel like so many states have a history of not prosecuting people you know to the fullest extent of the lower. Like not doing their own. Someone mentioned that they think they should states should have the responsibility of investigating and prosecuting. But a lot of states aren't investigating and prosecuting hate crimes. To the level they should be which may be is. One of the reasons is so bill was introduced in the first place. Four states don't even have hate crime. Statutes he's Pelosi said. The legislation will raise the stain of lynching and racial violence. But it helps Shine the light of truth on the injustices of the past so that we can heal our nation and build a better safer future for all our children. So that was Pelosi's take on this. I haven't heard anybody yet. I'm not saying no one is defending the you know the fact that you could lose the take the death penalty off the table by moving these two federal crimes interesting that we don't have death penalty for federal crimes. Yeah like just white collar crimes that are federal crimes. Yeah that is strange. Yeah I guess whenever the feds get involved with the FBI or whatever then it's that's a federal crime. I'm so entirely confused by the federal. You know operations versus state operations something like marijuana for example which is federally illegal schedule on. It's not federally decriminalizes. Just straight up federally illegal but then in California can walk into a shop and buy it with my. I D like alcohol. It's just very very confusing. I need I need a civics lesson and all that stuff. Exactly how that kind of works? Yeah the way that I I like. I've always seen it happen. Is that a state will do something and then a lawsuit will happen right and then the Supreme Court or you know whatever court decides like if it could be a lower appeals court cetera decides if the state has the right to do that even in the face of a federal law. I don't know that anyone's brought a lawsuit you know. Yeah where we get above the coach in respond to the stock market. Today down Do Your car is Dr do way down. Twelve hundred points down which is a brutal loss amidst corona virus concerns. This is the worst week for the blue chip index since the crash of two thousand and eight file. The Dow lost thirty two hundred points this week this week. Wiping out the last six months of gains. That's ten percent drop and the S. and P. Five hundred is down four point four percent. The Nasdaq composite was off by four point. Six percent which puts all three major indices in correction and correction means a drop of ten percent from the fifty two week high. So he take the last fifty two weeks. Whatever the highest at high was if you dropped ten percent below that it's called urine you're it's a correction basically meaning. The stock market is correcting itself. Because it's got to inflated The heaviest hit stocks were transport related stocks tech stocks and the energy sector which makes sense because the selloff indicates investors are worried about it like a stranglehold on global movement. Due to that those are the things that the current virus would yeah Just say like strength. Put a stranglehold on. I was just at a store today. Actually in someone looking My girlfriend who's in town was looking for a different size or we know. I overheard someone very different size and the one was like. Oh you know what actually you should probably just get. This is now because because of Krona virus were not gonna be able to get a new size in for a really long time. Wow that or she's just using that shit to get someone to buy something which is really fucked up. That's a hell of a certain technique or a thrift stores. So I yeah. Hey I got some condoms about to expire or not not a thrift store but yet like a boutique kind of place. Which is the IT WAS? But that was just a double take. Yeah wow this is something that everybody is thinking of already. And it's impacting people already. Yeah and the stock market and Yeah we've You'll you'll be going over this in your segment to. We've got a case here now. Also today. Three authorities of the Foreign Intelligence Surveillance Act or FIFA are about to expire which kicked off a fight in Congress. Over the future of the wiretap program as we know the FIS process very much in the news right now because of its arrhenius starring role in the Carter Page investigation. You might say the molar investigation. But Nee Carter Page investigation which I guess was part of the Muller Investigation but I think the FBI was doing that counter intelligence. And I don't think it was. I think it was either handed off. Wasn't him but as Carter page. At the time he was surveilled. Beginning in September twenty sixteen the trump Russia investigation was already well underway in two thousand sixteen at that point It started in July July thirty first over the weekend as a matter of fact cording Anne McCabe. It's when they heard from the Australian diplomat who talked about Popadopoulos and Mifsud Having dirt in Russians having dirt and trying to get dirt on Hillary in the form of her emails. And so this is a page Carter page is like no like I don't care like first of all the. Aclu has been on fire for reforms for a long time. I don't like the wiretapping program. Most people back from like Patriot. Act Area So it looks like the Fiso was started in nineteen seventy eight October twenty fifth the Fisk. Excuse me the court and it looks like it was affected by the Patriot. Act IN THAT. It was expanded to include terrorism on behalf of groups not specifically backed by a foreign government. Got It so you know you couldn't be like we're going to look at al Qaeda. Because they they aren't a government so that then they said okay. Well Yeah you can look at terrorist groups. Thank you yeah thanks for the question and so anyway the the Carter page thing nothing that we didn't indict page. Nothing that was gotten from page had anything to do with the trump campaign. Because you'd already left. They were just investigating it. Because he's he's hangs out with Russians. He's been busted twice two of the Russians. He hung out with the last time in two thousand thirteen when he got busted are imprison like he's just the Russia kind of conspiring dude and he hangs out with spies and bad guys and that's why you tale that guy and and he wasn't arrested and nothing was got from the FIFA warrant was used in anything in the Miller report or so. It's like shut up I don't care And I I the ACLU as has been like. I said on five for a long time in the FISK for to make reforms so the to protect our civil liberties And the as we know the Department of Justice Inspector General wrote a scathing report on on the FIFA a process and in particular Carter page showing that they had seventeen errors Though the I said that no one was influenced by political bias In obtaining that and Rod Rosenstein signed off on it who landed the plane for trump. So the DUMBS WANNA make some changes to these provisions. The Republicans want to kick the can down the road bypassing it clean and making changes another time. I wish I could do that at work. Let's do that another time When when I get to it fine. Yep Don't worry about it. Trust me later iron everything. Trust me trust me. Yep SO THEY WANNA kick the candidate just kind of re up it. Basically Republicans who've been screaming about the Carter page. Just WanNa keep it how it is okay. So lofgren said she wanted to add a bunch of amendments last minute so that would inject civil liberties liberties protections and Georgia Rep. Doug Collins said Tuesday that the proposal failed to protect American citizens so it seems Republicans like I said are just fine with the visa The hearing to discuss amendments today was canceled after last minute move by Zoe. Lofgren to add her amendments collins. Susan was Upset she was concerned She slammed on the slammed. The Democrats for stalling. She says stalling. You're just all tactics. When our national security hangs in the balance what did what? Democrats gain by stalling. Well for example. John Paul says she's fine if these just expire like the fight like fuck defies a pretty much shipping adler a both against a clean resolution. They WANNA make changes mostly based on the inspector general report right and also to to make sure that you know you aren't spying on American citizens that you aren't shouldn't be spying on her or to toughen up the application process. Just clean it up. So do you think is the thing where Republicans truly like? Khan said don't want to spend the time to look through it and come through it and actually go through some sort of you know I know. It's not amendments as a process but modifying it whereas Democrats are like. Let's just take time to change it to you? Know what works best for us. I think it's more like the Republicans really like it..

Nee Carter murder FBI Florida Louie Gohmert Aclu Pelosi Ted Yoho Russia Justin Amash Carter Page Lofgren Kentucky Texas Birmingham John Paul California
"stock markets" Discussed on Business & Biceps

Business & Biceps

11:20 min | 1 year ago

"stock markets" Discussed on Business & Biceps

"John. Just classified himself as the White Migo and then popped up a new monster. We need to go to the next show. We should long on network before my bad habit perversion. Start coming out. It's time for the main event Fosko so whether you got five dollars in your pocket that the gene bank account or five million there's a lot of stuff going on stock market real estate commodities you hear so many of these terms e. t. s. like there seems to be like everybody's trying to figure out what to do with their money right now so the question is what's John Fosko Dole. What is money right now? What what is the industry people saying? And you should do with your money. And we have some all time highs in the market. It's an interesting time to deploy capital like I said once again. This is for everybody whether on Robin Hood Good. And they're putting fifty bucks in or they're playing at a high level it just. It's a very interesting time. It's a very interesting time and and please nobody take my advice. I'm just going to share my thoughts with you. I've been Outspoken on this podcast over the last six months about the market the heights of the market scaring me so I've been in the market for the last seven years done well with it. I'm peeling I'm I'm peeling off a lot of gains currently but I'm upset with myself and maybe I shouldn't be right because if you're peeling off gaines those are gains. There's many people who entered the stock market and did not exit the stock market because they lost their money right. So are you taking input in cash. I wanted to clear that I'm taking it. I'm putting it into cash and I'm saying I'm getting frustrated with myself because I'm saying this cash does me me no fucking good so I am looking more and more at spreading it out through Through real estate at the moment but no you know real estate is so you can't just say broadly real estate real estate now is market driven based on geography period. Did so you know it's it's not the same in Oklahoma as it is in Georgia and vice versa. So like for for me. I'm I'm struggling right now because I don't see a reason that the market should go down right. This is my analytical Br. I don't see a bubble on the horizon I see employment numbers are good. Sure sure or the average wage is stagnant. I it's it's not increasing but at the end of the day I don't see this big bubble now if if we got into a hot war with Iran and all this stuff yeah that that could do it Is the college debt crisis going to be a bubble that that crashes markets. I don't think so and if it is. I don't think it's going to hit soon. So part of me is like Bro. The fuck in and you know all I want to understand all we're seeing when stocks go up our people buying right and then when stocks go down people or selling and they're selling at a lower price than what it's there for its sex trading baseball cards so it's like just because it's at record highs. That's right why shouldn't I continue to deploy capital into. Let's say apple. I sold my whole steak and Apple. I'm out of completely completely. I never thought I would get out of it right but apple's Blazin WH- apple's not stopping right. This is me arguing with myself. That's why aside. Yeah I love it. And that's why I said at the beginning of the segment. Do Not Take my advice so these are just interesting times because everyone knows who listens to to this sounds terrible. I WanNa be very liquid when the next crash comes because survey everybody say that that's how the rich get richer and that's how you accumulate wealth. It's literally like a sale. The world is is on sale essentially the real estate market's fall the stock market's fall. Everything is on sale. But here's the thing the majority you people eighty ninety percent plus more than that. Well that crash crashed all their income. I'm sorry crashed all their savings. But it's the it's the guys who understand it in. I WanNa be in that category. I'm not there yet. That's the I'm all liquid now. Now it's time to a ploy capital but who knows there may not be another crash for ten years and trust me. I don't want families to lose their money so I don't want to come off like a dick so it's just a tough time. I've had a lot of people. Ask Me this question. I including my kids because I'm trying to have more conversations with them about these type things like they ask like. Alex asked me dad when the stock market goes down. You just lose the money and I you know and this is a great question. Some people you only lose the money money. If you actually sell the shares and lock in the loss you know. My stepdad randy went through. You know he had his four. Oh one just like everyone else did in two thousand eight. The two thousand nine that had been in the game for awhile and watched it go down I think it was roughly thirty eight forty percent but guess what it came back now all the way to new highs so the only way that you locked in that forty percent losses if you scrambled sold at a discount and then the rich guy came in with all the money and said Y'all grabbed that you see what I'm saying. So that's what's interesting about this. I've been really the most heavy that I've been in the market the last year and a half of of my life and so I've seen a nice ice increase with what I've done but instead of taken off I did take some gains off the table from a standpoint of some some of the I said the same thing about facebook Amazon John to Mimic your point. I thought I'd be in it forever but I got tired of him being in the news I had made money and and I was like you know what I'm going to take that off the table and I'm GonNa put it in a stock that's GonNa pay me a dividend that I can count on passive income with and so what I did was I. I took some gains off the table on some stuff that was a little was in the growth category. Like an apple and lately facebook's up like thirty dollars dollars from where I sold it at but I can't deny the fact that that money I took is now in those stocks are up now to a little bit but not as aggressive. But they're paying me every quarter Something that is automatically reinvested in so I started to play. I would call it a little bit of the old man game which everybody wants to talk about the socks that go up four times ten times net flicks. You know I get all that I was like look. I've got an ice bump on this I'm GONNA go for once in my life in place somewhat conservative. Maybe it's not fully conservative. Because I didn't pull the cash off the table out of the market. I just put it in stuff that I know is probably not going to double might pay me a dividend a quarter for the next next Thirty years and so I played a little different and then I also said you know what I wanna get into a little bit of commodities in just touch on a little bit of real estate so my hopes also so is is to build up a cash position from stuff that I invested in outside of the market to from the oil from the real estate and then when that day comes John Things down twelve percent fifteen percent whatever the correction slash potential crash would be could be no. It'd would be fifty percent that I say you know what I'm going to wait what I have a hard time doing it. I I love your take on this. You know when I had X. amount of thousand dollar sitting there that I know is outlined for market or commodity or real estate and I see what the market's doing it's hard not to put it at least in that dividend area where it's a little bit more not as crazy but at the end of the day that's still can go down or having a hard time in hold it. I'm having a hard time sitting on the sideline as this you know X.. Amount of dollars comes in and not deploying it so I'm not doing as good a job. Maybe from that standpoint as you are right now but also I've seen some really good gains by not waiting for sure. So it's I'm saying a couple of things things you know like. Yeah what I love about. Warren Buffett the best investor. The world's ever seen is the simplicity and very simple statements like by when everyone's selling cell when everyone's mind that's really simple to understand. Yeah so so so right now. I don't think Warren and I could be wrong. But according according to buying him buying on the on the buying Brian I think he's into buying record highs and sure I think he'd be the first one to say of course chicken go back up but if you look at the market historically it is cyclical like it is not a mountain range that fucking continues you know to go. Fucking Kilimanjaro Style Than Everest. Then to heaven no no it goes up and maybe Mount Hood you know and then and it fucking goes down into the ocean and then it comes back up so things like that. I like to stick with historical Oracle Advice. That is tried and true but it is tough when you're watching it and things continue to go up but I will guarantee everyone this. It will not just keep going up forever like I know a lot of young younger listeners and an all markets just just please look at the history of the Dow over the past sixty years and look at the peaks and valleys just how it works. Yeah no it's a it's especially because now I'm paying attention to it more than I ever have my entire life. I've studied more about stocks and dividends and all kinds of stuff off over the last two years. That's been decent amount of my reading material and the things that I've studied in started to really and this is really. What Kinda got me even more serious about it? You know what when I suffered that injury and so a lot of people probably you know my job. Part of my job is still some type of way in my performance is not. I'm not a world record holder. I'm not going to go win the Mr Olympia. But people like to listen to my fitness Information continent workouts. Because I'm a practitioner and when I got really hurt this year where I tore my ruptured. My rotator cuff. It started really sinking N..

apple Robin Hood John Fosko Dole White Migo John. facebook Warren Buffett Oklahoma Iran rotator cuff Mr Olympia John Things randy Georgia Alex Mount Hood
"stock markets" Discussed on Business & Biceps

Business & Biceps

02:06 min | 1 year ago

"stock markets" Discussed on Business & Biceps

"So you bring people towards you and you can assist in everyone everyone working together better and also When we're talking about the markets right now it is? It's a very very interesting time. Things are so high across all all all financial platforms. What do you do and then how do you do it? I think that's what we breakdown go to show. What's up everybody? You woke up to it and another episode of business in biceps. And you better wake your ass sub today show. We're going to talk about what to do with all that money. You Got John Fosko but you Out there in the Internet podcast world. There's money to be made in the market in real estate all over the place. People got that dough John. They gotta know what to do with it. We're GONNA and have a discussion today. I'm excited about that. I don't know if it's all that money now sure we hope every listener you know has a bag full of money if you will but even if you have a little bit of money right the markets are hot. I'm talking about the real estate. Market's I'm talking about any kind of equity markets. Obviously Asli you know the overarching stock market. Where do you deploy your capital? When everything is on fire that is the question? Yeah and this is whether it's fifty bucks or fifty thousand or plus. It doesn't matter. I think this applies to everyone because at the end of the day you have to get involved in something and I think it's just gonNa be a really cool discussion of what we're personally doing what we're thinking about the one It's it's GonNa be interesting We got some great feedback. John Everyone knows his sunglasses or back. Out of course is exciting and You know without further. Do I think it's time boss goes work in Chicago. Illinois John Bosco.

John Bosco John Everyone John Fosko Chicago Illinois
"stock markets" Discussed on Bill O'Reilly's Free Podcast

Bill O'Reilly's Free Podcast

04:43 min | 2 years ago

"stock markets" Discussed on Bill O'Reilly's Free Podcast

"You know, we're not an economic machine here. You wanna watch that you go to CNBC or FOX business or whatever. But my political analysis is if this continues stockmarket goes into a bear situation. Don, Trump don't know much of a chance in two years. Do you agree? Well, I think you probably right that in the economic situation really worse, and it will be difficult to for president to secure re-election just looking at historical precedent. But I think it's too early to tell we've had a couple of days of quite a bit of market volatility quite steep declines. But we get some of those five ten times the year in any given year that the market will move in this way. So I think it's a bit early to start to get worried. Of course, the problem with the stock market is that whatever it does. We can always find a narrative that fates what we're trying to always derision butts. Right. Let's deal with facts right now Americans invest in the stock market are flat or slightly down for the entire year to the entire year. So when the president goes out and says best economy ever, everything's going on all cylinders and then investors say not for us. How do you explain that the robust economy with the market's not really going up at all at this point? Well, when we talk about the markets, we're talking about stock indices that have companies that operate around the world. And so there are a number of different forces at play Iran as you say the US economy as very strong by many measures unemployment is at fifty year lows wages are going up. But a lot of these companies, you know, awful, generally Trig, General Motors. They the US is not their only market and say if the dollar is strengthening, for example, that means that their results in other countries that are not dealing in dollars may go down. And so what you see here is that when you look at it from a global perspective there. Issues in certain places that a probably affecting their future results in. That's what investors reacting to and. We have interest rates going up, which will generally lead stock markets. Do go down other things equal. So I think that's affecting it too. But we shouldn't take stock markets as a barometer of the economy as you say the other measures that we have which are most significant for people because people's biggest source of income is their work. It's usually their investments then things are still looking quite bright. Okay. I understand that. But the investment community is powerful and Donald Trump is held onto a lot of it because of his economic programs and they've been successful. I mean, the tax cut for the corporation of corporations. If the stock market continues to drift or we go into a recession. And it looks like high tech is I don't know what they're doing. But Apple's taking it on the chin. And then there's a China conflict with the United States economic war. And we're right. We're right on it. China's been cheating for years. They have a tremendous straight imbalanced to their favor with us. Trump is right. He's got to bring it into line. But I'm starting to see pain economic pain form on the horizon. And when it forms for Wall Street, and when it forms for corporate America, it inevitably goes down to the workers. Does it not? I think absolute overtime. It doesn't. I do think. The trade war is a major threat, I wouldn't necessarily agree with you that it's going to be good for US consumers or US workers that trade barriers go up with China. Because after all, you know, a load of the opening up of China has benefit. It'd Americans in the form of lower products. It's made it easier for firms to compete with each other. A lot of good things happened on that front ensure that maybe things on the intellectual property from that needs to be addressed. But I wouldn't throw the baby with the bathwater. And I think we are at risk of doing that in this. Now, he wants China opened up its markets to more US products because it's like four to one now. You know, there's no reason for China to to not sell our products over there. There's no reason for it. And there's what they do. But what what the president has been doing. So far is raise taxes on products that are imported from China, and that doesn't really a tariff punish them because he wants or trade deals. He wants more open markets over there..

US China Donald Trump president CNBC General Motors Don Apple Iran FOX business America fifty year two years
"stock markets" Discussed on Business Daily

Business Daily

09:14 min | 3 years ago

"stock markets" Discussed on Business Daily

"Hello there I made Butler and welcome to business daily from the BBC coming up shot fools in stock markets around the world. Should we be surprised when you seen such strong growth and has been so many different reasons for the markets, a the why in that time, the fact that we now see it happening. It can't be too much of a surprise and want to crushing share. Values imply for the future security of stock markets. We are running out to places to put our money, and that is why people have taken the money out of the stock market now because they think, Well, if interest rates have to go up because inflation is going up, You don't need to put your money in the stock market. Stock. Rocking All explained on business daily from the BBC. It really has been a hectic day all too on the world's markets initial fears of higher interest rates in the US off the strong wage growth. There seemed to have been a trigger for the sharp slide on Wall Street at the end of last week, and that just seems to have kept going and going Monday. So the biggest one-day fall in New York for more than six years, even bigger falls and some other markets for in in in percentage terms anyway, four trillion dollars. Wiped off markets altogether. We are told now Well, service economies correspondent. Andrew Walker is here in simple terms. Andrew, What do we think has set this OLAF is changing expectations about what the US Federal Reserve is going to do and how quickly is going to do it. It's really about interest rate expectations. Now the Fed has already started raising rates from the sun at five times. I think it is from the ultra low levels of his knee Altamonte of the financial crisis, and everybody in the markets knows that those rises are going to continue. But on Friday We had the month. The labour market report from the United States which showed unexcelled are Asian in wage growth, and the concern is that that may then feed through into price rises. And so therefore the Fed is expected now to raise interest rates a bit more quickly than than it might otherwise have done in order to ensure that inflation doesn't get too high. It would likely to rise a little because he's belies target but not too much. Okay, Andrew, Stay with us. We're going to come back to you with a look at this in more detail on the moment. Monday's falls on Wall Street, triggered wider falls. As mentioned around the world, Uh, Stocks close now across Asia was seeing no sign of a let-up there more than four percent on the Nikkei an equivalent falls in China and Singapore. David quote is the Singapore-based up market analyst from the motley full financial website. I think most people here in Asia were kind of ready after what he saw in America. The worst hit was in fact the Tokyo market primarily because the Tokyo market is more expensive and the other markets here in Asia Singapore. There are less affected, but ultimately all markets here in Asia were affected as soon as they started to open, There was like a set of dominoes falling. Yeah. I saw a reference up from the Australian exchange from somebody saying It's carnage out there bell partly because no one's entirely certain what's driving it While most people were anticipating a stock market correction. Last year 2017 had it happened last year. It probably wouldn't have been as severe as happening in 2018 but because the market has gone so much further, the correction is so much bigger. And the reason why the stock markets are correcting is because of this concern over inflation and interest rates and interest rates act like a kind of gravity on the stock market. They pull the stock market down because when interest rates go up, people have a lot more opportunities as far as places to put their money. There are only four acid causes that people can put their money into its either cash bondsS properties O'Shares. And so far. Over the last ten years, putting your money at the cash has not generated returned simply because the banks have been cutting interest rates. Central banks have been cutting interest rates. Then you have look at Bonn's while bond prices have been climbing because there is so much money around people have been pushing their money into bonds, and that has driven down. Bond yields So Banzon Kim, you'll get return either properly prices got up so much that many landlords and not getting a decent return on their property. So that ultimately left the stock market as the only place where people who put put their money and get some kind of return. You produce a very lovely list. There of all the places one campa Guan's cash and since we now seem to run out of the very lost one of those all it seems to be left is is under the mattress. I mean, there's a concern there is another deputy just got to be hiding it away our or buying gold and underinvesting in sort of tin-hats and bunkers You make a very interesting point, and that is that we are running out to places to put our money. And is. Why People have taken the money out of the stock market now, because they think, Well, if interest rates have to go up because inflation is going up and inflation is going up because wages are going up And we heard this on Friday in the US, It therefore means that you don't need to put your money in the stock market. I'm sure there were lots of people who were reluctant stock market investors number one because they didn't know what they were investing in. And number two, there was nowhere else to go, so they had to put them on, put their money into the stock market. Now, of course, if interest rates were to rise, then of course they will think, Well, for the last ten years have generated a decent return on my money. I don't know how I did it, but I managed to generate returned to my money. So let's take this money out and wait for interest rates go up and then I'll put my money back and something safer. In other words is risk free. If you put your money in the bank and you earn, say three percent interest, It's risk free. If you put your money in the stock market, unearned, three percent dividend yield. It's not risk-free analysts. David in Singapore, You're listening to business daily from the BBC with add Butler said, what other strands Can we poll from these fools? The UK market analyst. James Hughes has been telling me he doesn't think that the given explanation about interest rate fears in the US completely explains the depths of the plunge with see. I mean, everyone had been expecting some kind of turnaround. The stock markets have been rallying so strongly ever since November two thousand and sixteen when you've seen such strong growth and there's been so many different reasons for the markets, a phone away in that time, the fact that we now see it happening. It can't be too much of a surprise. Okay. Can you did say? Also, I noticed that this has coincided with the collapse in Bitcoin is interesting because I noticed that Bitcoin was a What's up the Some people was suggesting that could be concerns. Couldn't there about the fall in the crypto-currency? Do you think there's any correlation there? Well, I it's funny is in the I mean yesterday The Dow was doing its best Bitcoin impression. I would side with such inau. Almost moves, but I think when you'd have to look at Bitcoin and look at people, applying the the overall stock markets in the stock indices. I think what we're looking at is a similar demographic of investor. So if you if for argument's sake you look at the Dow Jones it and maybe your European investor, you you've come off of the markets, you wake up in the morning. You see such an enormous movement in these in these markets, what you need to do to maintain some of these positions or to manage some of the investments that you do have is you have to sell some other areas. So if you look at the long long by positions on the Dow Jones, but the markets have been phony aggressively, You have to make money in your portfolio elsewhere. So you look to the likes of Bitcoin, maybe I'm gonna take some profit in that area. Maybe I'm going to take some profits in other areas. So it becomes a snowball effect. You have that very same demographic of people who are long of the stock markets who are also Loma Bitcoin. So when you see the stock market full, so aggressively unique, maintain your portfolio. By selling off other assets in other areas and Bitcoin happens to be one of those because a lot of people run by incredibly high as Well. There is this questioned isn't the about, is this just a correction or is it literally a harbinger of something worse? Could there be some store in the wind here that the markets generally are looking at each other and going? The world is ju for something more serious. A serious slowdown, a serious correction economically. While I don't necessarily think he's an economic correct chief, You look at how the world is performing at economically. You look at the global economy, the GDP growth. These is at its highest live with beef safe for a long time only two weeks ago in Davos Christine Lagarde the head of the IMF she she ought to the outlook for the global GDP outlook. So we're in a positive place that the the US in oppose diplaced I'm really that's the one that matters. The US economy is in a positive price. But we do have to look Bit of see the reason why. Who is going to be the headlines Because yesterday was the biggest fall in the Dow Jones since two thousand eight financial crisis when we saw seven hundred points in one. Now, today was a Yes, I was much bigger than that one thousand one thousand one hundred seventy five points, which is obviously an enormous full. But we have to look at the moment. We have to look at this as a correction, because stocks as upset have been rallying so strongly for

United States US Federal Reserve Asia BBC Andrew Walker Singapore Butler analyst New York David Dow Jones Bonn Christine Lagarde campa Guan