17 Burst results for "US Bank Corp"

"us bank corp" Discussed on KSFO-AM

KSFO-AM

02:16 min | 2 years ago

"us bank corp" Discussed on KSFO-AM

"Really bad. Nice. Your host rake cattle. Yeah. It's may twenty third of twenty eighteen it's almost one year ago. Kiplinger's had an article called the best stocks to buy for the rest of two thousand eighteen they said to buy these stocks, lows, Google US Bank Corp, N G, M, Hanes GE Barrick Gold. Amazon cognizant tech Facebook lamb research pay pal adobe cell, gene, align and active well for may twenty third the day that magazine came out to the end of the year, the S and P five hundred fell eight percent in that roughly six month period of time. Not very exciting. An eight percent decline in the overall stock market, but these picks from kiplinger's which said these were the best stocks to buy for the rest of the year. They didn't fall eight percent the S and pay these stocks instead fell seventeen percent. Yeah. They fell more than twice as much as the overall stock market. Hey, it wasn't just kiplinger's that got it wrong investor place. Also wrote an article called the best stocks to buy for the rest of twenty eighteen they wrote their story on August twenty first and they said, quote, we're halfway through two thousand eighteen and all the major market indices are beginning to rumble with breakout. Potential investors. Can't afford to go on autopilot now more than ever it pays to be picky. They recommended ten stocks. And they said, quote, in all ten cases, there's something outstanding. That makes these stocks better than most other names to choose from by these stocks for the rest of twenty eighteen those ten stocks FireEye discovery constellation Qatar ultra beauty AT and T Textron, garment, Google and deluxe. And during those last several months of the year last year, the S and P five hundred was down eleven percent in that time period. What these ten picks instead of being the best stocks to buy. They were down sixteen percent. Thanks.

Kiplinger Google Hanes GE Barrick Gold adobe Facebook US Amazon Bank Corp FireEye AT Qatar T Textron eight percent seventeen percent sixteen percent eleven percent six month one year
"us bank corp" Discussed on KLBJ 590AM

KLBJ 590AM

02:24 min | 2 years ago

"us bank corp" Discussed on KLBJ 590AM

"I'm back to the Rick Edelman show. Yes. Poisoned euros. Really bad advice. Your host rake addle. Yeah. It's may twenty third of twenty eighteen it's almost one year ago. Kiplinger's had an article called the best stocks to buy for the rest of twenty eighteen they said to buy these stocks, lows, Google US Bank Corp, N GM, GM, Hanes GE Barrick Gold. Amazon cognizant tech Facebook lamb research pay pal adobe cell, gene, align and active well for may twenty third the day that magazine came out to the end of the year, the S and P five hundred fell eight percent in that roughly six month period of time. Not very exciting. An eight percent decline in the overall stock market, but these picks from kiplinger's which said these were the best stocks to buy for the rest of the year. They didn't fall eight percent like the S and pay these stocks instead fell seventeen percent. Yeah. They fell more than twice as much as the overall stock market. Hey, it wasn't just Kipling. Jurors that got it wrong investor place. Also wrote an article called the best stocks to buy for the rest of twenty eight teen. They wrote their story on August twenty first and they said, quote, we're halfway through twenty eighteen and all the major market indices are beginning to rumble with breakout. Potential investors. Can't afford to go on autopilot now more than ever it pays to be picky. They recommended ten stocks. And they said, quote, in all ten cases, there's something outstanding. That makes these stocks better than most other names to choose from by these stocks for the rest of twenty eighteen those ten stocks FireEye discovery constellation could Tara ultra beauty AT and T Textron, garment, Google and deluxe. And during those last several months of the year last year, the S and P five hundred was down eleven percent in that time period. But these ten picks instead of being the best stocks to buy. They were down sixteen percent..

Kiplinger Google GM Hanes GE Barrick Gold Rick Edelman FireEye Kipling adobe US Facebook AT Amazon Bank Corp T Textron eight percent seventeen percent sixteen percent eleven percent six month
"us bank corp" Discussed on KTRH

KTRH

02:26 min | 2 years ago

"us bank corp" Discussed on KTRH

"Welcome back to the show. Time. Really bad. Here's your host Raigad. May twenty third of twenty eighteen it's almost one year ago. Kiplinger's had an article called the best stocks to buy for the rest of twenty eighteen they said to buy these stocks, lows, Google US Bank Corp GM Hanes GE Barikot Amazon cognizant tech Facebook lamb research pay pal adobe cell, gene, align and active. Well, for may twenty third the day that magazine came out to the end of the year, the S and P five hundred fell eight percent and that roughly six month period of time, not very exciting. An eight percent decline in the overall stock market, but these picks from kiplinger's which said these were the best stocks to buy for the rest of the year. They didn't fall eight percent the S and pay these stocks instead fell seventeen percent. Yeah. They fell more than twice as much as the overall stock market. Hey, it wasn't just Kipling. Jurors that got it wrong investor place. Also wrote an article called the best stocks to buy for the rest of twenty eight team. They wrote their story on August twenty first. And they said, quote, we're halfway through twenty eighteen and all the major market indices are beginning to rumble with breakout. Potential investors. Can't afford to go on autopilot now more than ever it pays to be picky. They recommended ten stocks. And they said, quote, in all ten cases, there's something outstanding. That makes these stocks better than most other names to choose from by these stocks for the rest of twenty eighteen those ten stocks FireEye discovery constellation Qatar ultra beauty AT and T Textron Garmon, Google and deluxe. And during those last several months of the year last year, the s&p five hundred was down eleven percent in that time period. What these ten picks instead of being the best stocks to buy. They were down sixteen percent. Thanks.

Kiplinger Bank Corp GM Hanes GE Barikot Google Raigad Kipling Facebook adobe US FireEye AT Qatar T Textron Garmon eight percent seventeen percent sixteen percent eleven percent six month one year
"us bank corp" Discussed on KOA 850 AM

KOA 850 AM

02:41 min | 2 years ago

"us bank corp" Discussed on KOA 850 AM

"The public. It's all over the web right now, it's been redacted. It's been released by the attorney general Bill bar. We're hoping to go to ABC news in Washington coming up in just a little bit. In the meantime, let's do some money news. Pat, standing by and step aside, Florida top retirement, destination may not be Colorado. But it's close to a survey by United damn lines. The land of enchantment is who go to place for people retiring forty two percent of the people moving to New Mexico site retirement, is there reason that's followed by Florida and era Zona couple of usual suspects, Colorado and Oregon do round out the top five states in this survey still no trade deal with China. But the president says not to worry trade deal with China's moving along as moving along nicely. Whereas for a lot of things, and I have a feeling we'll be successful. And it'll be good for both countries. President says US negotiators are just not being pushovers. The Wall Street Journal says the US hopes to complete a deal by late may or early June. The nation's unemployment lines are shorter than they've been in almost fifty years. The Labor Department reports one hundred ninety two thousand Americans filed first time claims for unemployment benefits five thousand fewer than the week. Before one of the country's big Bank says that it's may close four hundred fifty branches in the coming years as customers increasingly digital US Bank Corp says it expects to close between ten and fifteen percent of its more than three thousand brick and mortar branches across the country. Earlier this month. Denver business journal reported the company was closing eleven branches in Colorado. US Bank is the second largest Bank in the metro Denver area as measured by deposits right now. On Wall Street Dow's up fifty that has is down twenty-five. Yes. And be is down about four points. And when you pay for something that says gluten free on the menu. What do you get a new study finds that nearly a third of items labeled gluten free on restaurant menus do contain. Gluten researchers at Columbia University say the worst offenders are pizza and pasta next money update coming up at nine fifty five. But I, you know, it's no secret. We are still in a very tight labor market right now. We just heard those jobless claims very low lowest almost fifty years. I means it's hard to find the right per. For your small business job opening you can waste a lot of time on the job boards. But the odds are the person you're looking for is already on link. Tin. These are people who go to linked in every day because they know it's a place they can advance in their careers, even if they're not necessarily looking for a job right at that moment as an employer. You learn so much more about them than you're going to get from their resume because they're sharing information about their interests and their passions. So Lincoln jobs mashes you what the quality prospect who can bet best fit your role..

Colorado president US Bank US Bank Corp Florida China ABC US Bill bar Denver business journal attorney Labor Department New Mexico The Wall Street Journal Washington Denver Pat Columbia University Oregon
"us bank corp" Discussed on The Meb Faber Show

The Meb Faber Show

02:49 min | 2 years ago

"us bank corp" Discussed on The Meb Faber Show

"There's so many smart talented people today out there in the public markets and now in the private and venture capital as well. It's very hard out perform and contrast that you go to a big Dowman or pension fund or life insurance company. They give you I they wanna they wanna segment you, which they can't do with me 'cause we have small got large. We're not segmented. We don't have a product we have separate accounts. They segment you small cap, grow small-cap value. And after they do. That that then say, okay, we like your approach your small cap value one to five billion market cap all US, and then here's fifty million or one hundred million dollars, and you have two weeks to invest it. Now, giving those parameters it really makes it challenging to outperform your benchmarks 'cause everyone's so focused on the benchmarks. And so those are some of the points. I think that a really coming to the fore today and a lot of them aren't clearly visible at this point because we're at a ten year bull market. But over time a lot of these issues that I'm raising. I think are going to become far more important going forward. It's funny. Few of the things you've touched on. I mean, we often give mutual funds a lot a lot of crap on the show not just the closeted Xing structure and being tax inefficient. But also, the structure and historically has been built mutual funds have been sold. Not bought me. Eating all the inter meters. Talk about in the all the additional fees in bed in that. But also the conflicts of interest, and there's a stat we tweeted out a while back where the average financial advisor that's been in the business twenty years something like two hundred mutual funds, which is sort of an insane number because what happens the wholesaler shows up. They sell a fun. They'd visor buys it. They forget about it. And then another wholesaler shows up. They buy fun. Forget about it. And all of a sudden, they have this huge mess, but that's not something that really aligns with few Sierra process. There's a bunch of other stuff. I want to talk about one of the things you mentioned was this concept as you think about risk and some would say, it's it's a potential macro influence. We had Steve Rome on the podcast who probably has a similar philosophy talk to us a little bit about how you think about fully investing portfolio with equities versus times when you may have a higher cash balance is it it sounds like it's a it's a bottom up process where you're just not finding names or opportune. Unity and then walking Ford. What does that mean for your portfolio's here? The the beginning of twenty nineteen what we've done over the last couple of years, some of our major holdings, Martin Marietta, Brown and Brown. United health group BBN t-. Berkshire US Bank Corp Bank in New York. Zoa adas.

US US Bank Corp Bank Martin Marietta BBN advisor Brown Steve Rome Berkshire New York one hundred million dollars twenty years two weeks ten year
"us bank corp" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:30 min | 2 years ago

"us bank corp" Discussed on WNYC 93.9 FM

"On the precursors and the contributing factors that got us into prostitution in the first place. I whether that be right. A broken home growing up. I grew up in foster care, right lack of jobs lack of schooling. But some supporters of the decriminalization Bill were also at city hall today. They say they support laws that will criminalise traffickers and solicitors but won't hurt sex workers themselves. The Bill is set to be introduced in the New York state Senate the session, according to the NYPD 2017 crime report, black and Latino people make up a majority of those charged with misdemeanor sex crimes. Some analysts say the decision last week by J P Morgan Chase to stop investing in private prisons, even more than just another business strategy, Lauren. Brooke Isan is a senior fellow with the Brennan center for Justice. She says CEO Jamie diamond is leaning more toward progressive politics in his most recent letter to shareholders he's written that our immigration policies fail us. And he wrote we have a proud history of welcoming immigrants. To this country. So this was likely a result of social Justice activism, a majority of immigrants who were detained or held in facilities operated by private prison companies next month, the House Financial Services committee is calling on heads of big banks to testify in congress about their practices. Wells Fargo US Bank Corp and Bank of America are among banks that still invest in private prisons for the rest of tonight here on area mostly clear, low thirty three wind gusts up to twenty two miles an hour. This is WNYC at five thirty five..

Brooke Isan Wells Fargo US Bank Corp Jamie diamond Brennan center for Justice prostitution WNYC J P Morgan Chase city hall NYPD Bank of America Senate New York senior fellow Lauren House Financial Services congress CEO
"us bank corp" Discussed on Biz Talk Radio

Biz Talk Radio

10:39 min | 2 years ago

"us bank corp" Discussed on Biz Talk Radio

"Dash models dot com doubt, one forty one was up about two twenty five s and p only up five though, NASDAQ only up ten the NASDAQ one hundred was down one the socks was down. Ten. Transport's up fifty advanced the clients Twenty-three, the thirteen New York nineteen to twelve on the NASDAQ new high still really not even worth mentioning. Sold really into the clothes. I think we're up like two twenty five and thirty and we sold off towards it. So I let me just say a few things here. Smaller picture. I wouldn't be surprised if we start pulling back now. Little bit. Think maybe we got to that big resistance area. My. Think may maybe that was some institutions saying, okay. We'll see. One hundred percent certain that of course, we have thousands of earnings reports that come out in the next three weeks. There's a bunch tomorrow. But today, Goldman Sachs is up seventeen BankAmerica. Buck ninety Schwab was up to change. Comerica was born change PNC was up a buck after being down. US Bank Corp up a buck even Wells Fargo another name that acted poorly on endings is wrapping up. Why the group? Group move. And if you go look at the two big ATF's for the financials when you have a chance. XL f. Looks like it's turned up here. But into massive resistance and the KRA, which is the regionals break broke above the fifty day moving average. So pretty darn good rally. Just keep in mind. They were weight down already, and this may be nothing more than a counter trend rally. But if you look at things like Goldman Sachs, which is the these stocks have been dead money. They woken up that was some big volume today on Goldman three times average actually more than three. And probably bible on pullbacks. Now. And I look through their numbers, and there's all kinds of things on the numbers. They'll let you really can't figure out what the market thinks. And other names that acted. Well, Comerica today jumped above the fifty day on heavy volume also, and when you have a chance you can scan the financials today. But I want you to just remember if you look at the socks semiconductors rallied up it looks like crap. If you look at the industrials rallied up, but looks like crap. And I can say that about a lot of stuff. So while I'm sure the lows we just saw. Two three weeks ago. We ain't breaking those anytime soon. There's no rules that we can't start going towards the re-test of twist certain extent. Now, can we keep going up shore earnings? Just letting you know, we've gone coast the coast. On sentiments. Now, everybody's bearish. I don't even want to get into the Bs on TV. There are people that go on TV. That bullish all the way down. The market rallies this way down from when they were bullish. Which means they are wrong, and they just taking credit for being right? And I wanna scream at the TV. But I just turn on the prices, right? Instead. By the way, prices right is a very good show. So anyway, we're in this area right now. And we'll see what comes of it could have been a better day was still up. Goldman Sachs though was seventeen. Let's see seven times. One seven was probably about one ten to one fifteen. The Dow one forty one today. And I've yet to do all my scans. So sorry. The but the big story of today was the financials. United Airlines was up five on their earnings United health after yesterday being down five pre-market finishing up nine was up. Another four today that help to. But when you look at breakouts and new highs, we're not there yet. Seen a few breakout? And then tuck their head in like a frightened turtle. So let's see if this pulls back, and let's see if it does pull back how it pulls back. Insider buying inside a salad. We haven't talked about that at while. I've got nothing. What's interesting is? Normally in big drops. We will find some massive massive massively side sized insider buying. Companies finding value. People at the company's finding value in scooping up a lot of this stock found nothing. Home Depot at a little bit. But was wasn't big stuff. A couple other names wasn't big stuff that my friends is a little bit on the surprising side. Is it something we have to think about with the market not? So sure. But I would love to seen some big inside a buying to isolate some names based on that. And through the years on this show. We have isolated a heck of a lot of names. Our favorite one really recent past was when Steve Wynn. One hundred million dollars worth of his own spark back in sixteen fifteen and sixteen in the round the fifty five sixty five area. Stock went up the two hundred by June of eighteen of course, he's now out. From the company on some. He was accused of some some of that. That is right. Anyway. So he's out, and I'm sure he'll be back in the casino industry. Again. He really is one of the great brainchild of the casino business. So anyway, if anything does show up we will be on you but against surprise. Thought there would be. On these financials. We're very careful about what we say. Here. We think they're going to end up being bible for good trade on pullbacks. We're not sure how or when. But we'll we'll be on it. That was some big volume today. Some big institutions in there. Probably overdone today. And the reason it gets overdone because they've been so under loved and so under owned that when they start getting going they get piled on. Speak patient. I'm hearing a little too much new bull markets. We're going to the old highs market Dow's worth thirty thousand. So a few that today, I'm Michael on stop. And now we have. Maxine Waters heading the financial committees. Couple of socialist on these committees. Also. And I must hand it to them. The party on the left has always been very careful about talking about seventy percent tax rates. Even though we know some of them at wanted them not shy anymore. The calling for seventy percent tax rates. The calling for domination and control and more rules and regulations and fees. Fis mandates all the things that screw up in the Konami. They're insane. Most of them have never been in the business world. Not don't have an understanding about anything. And don't even want to hear about it. And again. They're only socialists with your money and your life there quite the capitalist with there's Bernie Sanders is out whining complaining about. Train. As he gets on his private. That the other thing whatever. Being a business owner or entrepreneur Cam fill only unless your friends have walked the same path. They just don't understand your passion. How many times have you been asked? When are you going to get a real job? And when you finally do make it big all of a sudden, the doubters tell you they always knew you would does this sound familiar. You see at biz Bod we understand the road you're on because we're on the same path. That's why we created a club. Just for you. Meet other people.

Goldman Sachs Comerica Goldman New York KRA ATF Bernie Sanders Buck Wells Fargo Schwab Steve Wynn Maxine Waters US Bank Corp business owner Konami Home Depot
"us bank corp" Discussed on Biz Talk Radio

Biz Talk Radio

02:54 min | 2 years ago

"us bank corp" Discussed on Biz Talk Radio

"Was up about two twenty five s and p only up five though, NASDAQ only up ten the NASDAQ one hundred was down one the socks was down. Ten transports up fifty advanced the clients Twenty-three, the thirteen New York nine thousand nine hundred twelve on the NASDAQ new high still really. Not even worth mentioning. Sold really into the clothes. I think we're up like two twenty five and thirty and we sold off towards it. So let me just say a few things here. Smaller picture. I wouldn't be surprised if we start pulling back now. Little bit. Think maybe we got to that big resistance area. I think may maybe that was some institutions saying, okay. We'll see. One hundred percent certain that of course, we have thousands of earnings reports the come out in the next three weeks. There's a bunch tomorrow. But today, Goldman Sachs is up seventeen BankAmerica up. A buck ninety Schwab was up to and change. Comerica was up. Foreign change was up a buck after being down. US Bank Corp up a buck even Wells Fargo another name that acted poorly on our earnings is wrapping up why the group. Group move. And if you go look at the two big ETF's for the financials when you have a chance. XL f. Looks like it's turned up here. But into massive resistance and the KRA, which is the regionals break broke above the fifty day moving average. So pretty darn good rally. Just keep in mind. They were weight down already, and this may be nothing more than a counter trend rally. But if you look at things like Goldman Sachs, which is the these stocks have been dead money. They've woken up that was some big volume today on Goldman three times average actually more than three. And probably bible on pullbacks. Now. And I looked through their numbers, and there's all kinds of things on the numbers. They'll let you really can't figure out what the market, thanks. And other names that acted. Well, Comerica today jumped above the fifty day on heavy volume also, and when you have a chance you can scan the financials today. But I want you to just remember if you look at the socks semiconductors rallied up it looks like crap. If you look at the industrials rallied up, but looks like crap. And I can say that about a lot of stuff..

Goldman Sachs Comerica Goldman KRA New York Schwab Wells Fargo US Bank Corp fifty day One hundred percent three weeks
"us bank corp" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:27 min | 2 years ago

"us bank corp" Discussed on CNBC's Fast Money

"Growth, certainly earning its place in the panoply of things to consider for twenty nineteen so lovely big were in two thousand nine hundred thousand New Year's Eve word. I only tried that once a year well, earnings growth next year. What are you looking for? Well, where's it fit on your hierarchy of things to why? I mean, there's a veritable cornucopia of. Tyler. But I am concerned about earnings. And I think there's a group of at least strategist ammos that are very late to the party in terms of downgrading growth. You can't tell me based upon what we're hearing out of corporate insiders and the seat in terms of how they are looking at their core businesses this first quarter earnings which are rather around the corner are critical for this market to assess whether we get that seven percent, I think we've finished flat. Pete jump in here. What do you think? Well, I think it's all all comes down really obviously to China. I mean, that's what this is all hooked to right now. Right. I mean, the idea of no vision for the CEO's over the last couple of quarters trying to figure out this whole thing. So I actually do think we're going to see some progress. I don't think we absolutely get everything we want in China gets everything they want. I think we see some progress. And if we get a little bit more vision, I can easily see the single digits in terms of growth, maybe even a little bit better than that Tyler. So that's why I remain bullish. I think the vision is going to be better than people expect it to be when we start to get the next quarter's earnings or you get single digit growth guys, and you get a what a two percent dividend. So there you're what you're at ten percent. If and you have the P stays right where you have ten year below through. So I mean at these levels that sucks to make sense. I mean, there are a lot of things to worry about. But at these levels, we've priced in an awful lot of things. I agree with Pete. I think you know, when we look at what's going on with earnings the bars pretty low coming into this quarter. Fedex. Probably lowered the bar a lot. So it doesn't have to have enough to be that great just seems to be incrementally better. I see your panoply. Yeah. You're going to raise me, and I'm gonna throw an umbrage. Don't know. What letter it starts with? But I take on bridge with the notion that this fed is making mistakes potentially could make a mistake. I would submit that this fed is actually cleaning up the mistakes of the last ten years, but that's me tie praise. Well, there were a lot of New Year's bed. This this guy JP my man, there were a lot of people weren't there who who in the middle of quantitative easing in the middle of zero interest rates were saying, this is irresponsible. It is undermining the currency. It is it is it. I'm sorry clean some people. Why a lot of them in washing. So now to your point. All right. Let's let's move on rough twenty eighteen the big banks are the first group to report the aforementioned earnings in two thousand nineteen and there is one name. Traders are making a. Big bet on my co is in San Francisco with the option and addressed by the way, and where's your tux? Bike say. Say y'all look great. But you know, typically, I'm thinking black-tie starting around six pm. It'll be six PM for you guys when the show ends. But here, it's only three o'clock. I think he's a little bit offensive. You'll you'll be fine. The ball drops at nine out there. So that you that's what you have to look forward to right? Well, that's true. That's so I get up a little bit earlier tomorrow as well. But you know, so we were taking a look at US Bank Corp actually USB treated about three times, the average daily often volume today that was not the only unusual thing..

Pete China Tyler Fedex CEO San Francisco US Bank Corp seven percent ten percent two percent ten years ten year
"us bank corp" Discussed on TalkRadio 630 KHOW

TalkRadio 630 KHOW

12:30 min | 2 years ago

"us bank corp" Discussed on TalkRadio 630 KHOW

"Speaking of construction the Senate family in town. What Senate windows they have? I think they still have that even they been in business for so many years. I've known him for the full thirty. I've been here. Excuse me, forty. Here's the deal. You know, what an egress window is do you even know by that name, you really don't know their window wells? You know, dear scape routes, and they are very they're critical. But we never think of them, right? But they do look ugly or they leak they can rebuild them. And the builders put in lousy corrugated steel they rebuild that with either beautiful pavers or they do a composite material. They can also punch brand new ones. If you want to open up some square footage legally or you wanna do a walk out basement. And you have a flat lot. Yes. They can around terrorists down to a patio leading into your basement. I'm talking about even on a flat lot now. They don't dig out basements from crawlspace. Not talking about that. If you already have a basement, and you want to open it up. They can do that. Why don't you go see him on online? You'll see what I mean. Okay. And you can go to their website. It's Denver egress window singular. Denver egress window dot com. All right, three zero three seven one three talk kelp information and referrals. But there is something very special. I'm going to ask it is the holiday season for many shopping abounds. I want to know the very best deal you found this year. Whether you bought it or not, I don't care the very best deal period. I want to know what it is the very best deal. I saw one I could not believe it. Lenovo laptop, computer. After the instant rebates and sales windows ten. Ram had four. I mean had four what is it for gigs? They do have ram now. It had a hard drive one terabyte, Mark. I could not believe it. How much the new processor? I told you when you said, you said to me after I told you the price you can't even buy windows ten for that. It was like one thirty one hundred thirty four dollars. That's crazy one hundred thirty four dollars come on a laptop. Oh my gosh. And we're talking about a screaming fast little laptop. It's not a gaming, computer. But one hundred thirty four dollars. They had a PS four. An XBox is one ninety nine almost everywhere, which is insane. On black Friday. At least, you know, what they should do is give away those they should give away the consoles, but they make so much money on the games, of course, Sony. They don't make the money on the games on the XBox names, unless they produce the games on many, they do but mostly steam and services like that make so much money. They should supplement people. Here's what you do. If you get a membership on steam or another software provider for games, we will give you a coupon worth X off your XBox or PlayStation. Wouldn't that be a great marketing campaign? Really, okay. Give us cause. I you know, we always get slow around the holidays. So you can get right through if ever you just wanted to unload three three seven one three talk. Now this follow up the woman closes on her condo, the young woman. To house. It's a hell house. I'm sorry. You're right. The the thing burst the toilet bursts that night. She's not there. Thirty four thousand gallons or whatever. Now, she had to basically rebuild or place, which in the end is going to turn out that she's going to have a better place. But she hires serve pro surf pro they're they're a mitigation company. Right. They they come in and disaster company. Yes. So what happens? So they come in. They meet with the insurance company was very frustrated. They sell her on the the remodel or the rebuilt. So they get thirty thousand roughly from the insurance company to come in redo the first floor of the flooring, some of the drywall the bathroom the finish basement. They get thirty thousand dollars so halfway in three or four months goes by almost nothing's getting done over there. So she calls into the show. I go out there. And sure enough the subset serve. Pro higher. Just aren't doing their job. In fact, they fired some of them they decided after a nice conversation to let her out. So I brought Moses in from peak view was here. Yes. So I had to let her out so serve pro admitted they had clowns to them as subs. Yes. But what we had to figure out is how much work did. They actually do that. Had values words how much should she pay them? So we we came up with fourteen thousand so they ended up keeping fourteen thousand dollars. Then I brought Matt. They refund the rest. Wasn't dispersed yet. Okay. You follow for the charge. They're not. No. And they and they legitimately had fourteen grant worth of work third only going to charge the insurance fourteen up in they let her out of the car good. So then I also got Matt involved. You know, Matt is paragon. Oh, our public adjuster. You know what Matt figured out what listen to this. We talk about how great public adjusters. Are. Here's another great example. She had code upgrade insurance that, you know, the insurance company didn't wanna talk about I guess when they were talking to serve pro or serve. Pro did not bring it up. Bottom line is Matt got her over another twenty thousand dollars. Are you crapping me now? So now, she's got this house. It's two stories. So you got one story in the basement was finished the flag was on the first story you now you're talking to you're going new drywall, new knockdown new paint. New new new k we got it, man. This is great great. Thank you. That's great, Mark. And Pete fewer modeling is out of the springs. Let's talk to Ron Ron you have an identity theft problem. I'm gonna get to all of your calls. And then we have a special from Zerorez of Denver. Go ahead. What's going on Ron? Saved a. From US Bank core investments. Guarding a compromise to my investment account now. Okay. Is this a place that you invest with that you're familiar with? Yeah. I've been with them for a couple of years. Okay. So then they tell you your account was compromised. Right. Okay. Go ahead now. Now since I I am very comfortable with my financial adviser. How may I ask what did they propose to do as a result of this breach? Nothing. Oh, 'cause I had one of my accounts breach or or this service. Did it wasn't investment? But they offered it was an AT and T. No, whatever it was. They did a free monitoring for me of credit. They didn't they didn't. They didn't offer anything. My I'm very comfortable with. No, I know you said that Ron, but Ron what are they what did they recommend? You do about the security breach. To to contact. Contact the credit bureaus, and and put a freeze on it or whatever. Okay. So, but they didn't offer any help. That's crap. Anyway, you're comfortable with your investment advisor Arrigo, and I just let it go. You know, charged. I trust him short. So since since that happened that was on November twenty seventh. I got the letter and. What him and I agree to made perfectly. Good sense because it's an it's an investment account. Nothing's going to happen in that account until him. And I talk, you know, we're not gonna move any money. Right. So what happened making any money money out? So I just I if I let that go. On December eleventh. Yes, my wife got a letter from chase. Yeah. And what did it say? I'm going to try to explain this. You don't have to do a lot of explaining it wasn't. It was it another breach. An attempt was made to an application for a credit card was made. Okay, and opin from talking to them. It's not in the letter, but in talking to them, my wife's social security number was used fraudulent credit card application. Okay. Gotcha. So I am. I am very curious. US Bank tells me that they did not my social security numbers weren't let out, but let me ask you something. Here Ron was more than just your account hacked at that US Bank Corp. Or was it a breach of the system that that's a really important question. Do you know if it was a widespread breach or just you? It was recently a third party vendor. Notified us and other financial institutions that some account information may have been Ron was the was it for just your account or was this breach. Widespread? I'm guessing. Well, we gotta do more than just let me tell you. Why Ron if if the breach at US Bank Corp was just your account and now someone tried to apply with this credit card? Then it tells me you and your wife have a problem somewhere. But if it was a widespread breach at US Bank. Then what happened they use that information to get your social security number which once they had that information, they can easily get your social so, but it's really important because is someone targeting you and your wife because they somehow got your information or was it a result of a wider breach. You need to find that out but keep going with your story. So what happened after you found out about this credit card app? And by the way Bravo to chase for stopping this. And I don't even know how they contacted you because of the credit freeze or why did they contact you? Because the way they explained it the application was made. And it was approved. Why did they contact you? Because they then further let's see we couldn't confirm your your information. So they so they closed the account. Okay. And then they call and they notified you. They notified. Okay, Ron so far you've dodged some bullets. So what is your concern right now that obviously you and your wife are the victim of some credit of some info breaches, right, right? Well, you should be concerned. I contacted. I've contacted US Bank. And and ask them what information was revealed. And they're telling me, it wasn't rhyme wife social security number on you seem to be hanging on that. Because you mentioned now that's this twice. Now that her social security number was used in the app yet. Chase says they did not get the social security number. What difference? Does it make to you? Whether they got your social security number or not at chase. Because they got everything else. What difference does that make? Go ahead. I am worried that US Bank. Didn't tell me what was entirely. What was what was Ron? It doesn't matter because any information was accessed. It's bad. So I know what you're saying. You're saying I wanna know exactly what they got. Because I want to know where to be paranoid. No, no, no, no, no. Because any information they got from an investment account can be used to get further information. You don't have to get information from one spot. What they did was they got enough information that they can get your social security number, and they can get other things. So it just keeps going and going and going there may not be one source of all the information breached on you. That's why I need to know. And you need to find out if their system had a security breach or was he your account, and maybe just a couple of others..

Ron Ron US Bank Denver Matt Senate Mark Lenovo Pro Ram Sony US Bank Corp Moses Chase AT
"us bank corp" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:12 min | 2 years ago

"us bank corp" Discussed on CNBC's Fast Money

"But this is a company that to me, it's solid. It's strong pays a nice dividend. And they have a great balance sheet when you look at tier one these guys are as good as it gets. Here's a little bit of a look at the chart right now. There's some upside, but you can see not a lot of danger. Owning this stock. I like this name. I got a quip. Well done by the way. I like the way you got the call. So that's nice pitch for Minnesota. But my question would be, you know, traits now close to two times book value does valuation become a concern at all. You know, what I understand exactly you're saying guy, and yes, that's something. That's why I don't know that necessarily that. There's a monstrous upside right now. And I'm not talking about a hideout, but I liked the fundamental side of the story. But you're right. We talk about the banks all the time. We talk about that multiple times is that a little bit on the high end. Absolutely. It is. But I think they deserve that. Because of what the fundamental story is telling us, and they don't have what Wells Fargo has a lot of the other banks. They don't seem to make those mistakes publicly out there. All right. Let's buying or selling pizza pitch on US Bancorp ten. I I'm sorry Pete. Because this is a high quality company, but hold mainsail in this game. And I'm going to have to hold on this one they've outperformed the beak X by almost thousand basis points. Good for them bad for picking the stock now. Great job, though, PK. Yeah. You made a great pitch there. But the only time that became buys duty-free is at the airport. I'm just not the problem is the banks have not performed in the best scenario. I can't imagine. They're going to perform coming up key. Yeah. Well, I'm going to go the other way and say this is a big buffet naming just increased by twenty five percent. He's got about one hundred twenty five million shares. And and and if the banks do underperform US Bank Corp is actually a company that will do better, given their conservative bent. So I'm with Pedro over the the way you went home can vote you go to our Twitter handle at CNBC fast. We do have a news alert wanna get to President Trump making new comments about fed chair Jerome Powell, John Harwood. Indecent problem the details. John President Trump's continuing his pattern of blaming bad news on other people. So we've had some turbulence. In the Marcus. We've had the layoffs by General Motors that were announced yesterday that so angered the White House and the president now in an interview with the Washington Post has said I'm doing deals, and I'm not being accommodated by the fed. They're making a mistake because I have a gut, and my gut tells me more some time than anybody else's brain can ever tell me a not even a little bit happy with my selection of j pal not even a little bit. Of course, Jay Powell is the Federal Reserve chairman who President Trump put in that job. He somebody who has signaled that they intend to raise interest rates again and more in two thousand nineteen the president says that that is creating economic consequences that hurt him. He's lashing out. John. Thank you, John Harwood in Washington DC. And of course, this is going to renew talk about the Federal Reserve act in what powers the president may. Or may not have to actually remove fed chairman on the language. Apparently in section ten is thereafter, each member shall hold office for a term fourteen years unless sooner removed for caused by the president what is caused. We don't know what that means necessarily. But here the president is expressing some..

John President Trump president John Harwood Federal Reserve Pete US Bancorp Minnesota chairman US Bank Corp Washington John Jay Powell Wells Fargo Washington Post General Motors White House Twitter Jerome Powell Pedro
"us bank corp" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:32 min | 3 years ago

"us bank corp" Discussed on WBZ NewsRadio 1030

"Check on business news with Bloomberg's Andrew O'day on this Friday after two horrific days on the Marcus a big turnaround. Hey, we're gonna like this as long as it lasts. We're sitting US stock indicators following the path of global markets. They are moving up following strong trade data from China. Hong Kong's main index Hang Seng actually ended more than two percent higher today. European indexes are up but more modestly right now as a p futures are gaining twenty three points. That's almost a percent is up one hundred seventy six NASDAQ futures right now gaining one hundred points. That's almost a percent and a half. We'll see if the start of the thick of earnings reporting season helped restore more stability on Wall Street after the Dow lost thirteen hundred seventy seven points to two days and the s&p locked in its sixth loss in a row. Banks are going to be in focus this morning J P Morgan Chase CitiGroup. Wells Fargo all opening their books this morning. Goldman Sachs Bank of America. US Bank Corp and several others will check in with air third quarter results next week as a p futures rising. Twenty three and a half points. Business reports at eight and thirty eight past the hour. I'm Andrew O'day, Bloomberg business on WBZ NewsRadio ten thirty WBZ news time six nine. Well, Nike said, some significant athletes representing them over the past. But Adam Kaufman is here with the name, you should know to Justin gatehouse he's a distance runner. Josh at the university of Oregon class of twenty twenty also the first professional Nike athlete in history with cerebral palsy just a few days ago. Gago study was finishing just another cross country race same as he always does. But when he finished a Nike Representative insights director, John.

Andrew O'day Nike Nike Representative Adam Kaufman Bloomberg Goldman Sachs Bank of America CitiGroup US Bank Corp Hong Kong Hang Seng Wells Fargo US twenty twenty university of Oregon J P Morgan Chase China
"us bank corp" Discussed on BizTalk Radio

BizTalk Radio

05:30 min | 3 years ago

"us bank corp" Discussed on BizTalk Radio

"Like just mentioned that Lam research. What's Applied Materials? From sixty two to thirty eight. Was thirty seven today. Closed the thirty eight thirty nine. So maybe that's all it is just stop beating them up for this. Second. So that reverses a little bit. But then. As I'm scanning when you all have a chance nights. Go look at SunTrust STI. You know, kinda important super regional Bank. Go look at Comerica. Go look at how 'bout fifth third Bank core FIT b. Or key Corp. Or regions finance? Orwell's fargo. For US Bank Corp. Or BBN t. And Morgan Stanley. When you have a chance go look at some of the strong industry P Morgan, which is already down to very important support. Just like America's. And they weren't strong to begin with. And when you look at the KRA, which is the regionals in a whole. Tease the downside before recover. But it's back on the two hundred eight moving average where it held in early July and late July. You don't want to break that again, we're not going to which is telling you it's sitting on it. So so many things moving on the plate today. And then commodities. When you have a chance to look at the G DX today. Good volume data that very oversold very stretched and extended in its bear market away from the normal bear markets will call this sort of a balance. Gold may may be making a little higher low from the low in August. We'll see. So maybe that's changing maybe because when you look at the dollar symbol is UP. Oh, look at that. And maybe making a lower high. So would just let you know, we're watching these things, and of course, some of these countries if you look at the F X China twenty five index that's been smoking fifty four down to forty but I want to get a notice it forty in August than it hit forty yesterday. Around and bounce today. And we'll see maybe it does it. But we're always looking for what possibly can change the leadership in these areas. We're just trying to. Ferret out whether they're starting a process of the worst being over. But again while I say that what's what am financials today. And by the way, that includes the Ameritrade that includes the trade. Those things are getting the smoke. And as I mentioned to you, also the investment managers the investment brokers. So a lot of weird stuff going on today in the indices. The NASDAQ today was seventy eight eighty four was down ninety points finished on eighteen. SNP doubt will never that bad because they were holding up pretty well. But the NASDAQ typists were getting hit guy what that because of the semis. And just software names which were down early finish up. News that hasn't changed. But also, what is not habit hasn't changed? Facebook and Twitter deeper into their bear markets today. Google the deeper into it's below the fifty day moving average. So just a little bit of the word to the wise. Lots of things moving on the plate here. Now, there was news again about some trade talks with China. So Boeing was up eight bucks in that got the Dow coming back. It seems like every time the market weakens is a rumor about some trade talks. Anyway, leave no doubt bones wanted a bit proxies. And of course, Caterpillar also reversed also those are the two names on the Dow. So in my world a little bit of Wyatt. Stop today. But when all is said and done we care about out. Major indices is still sitting somewhat on the side. Some of the worst areas bounce and the semiconductors which were being slaughtered early. Got a lot of it back. That's important day..

Dow Lam research US Bank Corp SunTrust Comerica KRA Morgan Stanley key Corp P Morgan NASDAQ Orwell America Wyatt Google Facebook China Boeing Twitter fifty day
"us bank corp" Discussed on BizTalk Radio

BizTalk Radio

07:18 min | 3 years ago

"us bank corp" Discussed on BizTalk Radio

"It hit a low in July hit a low in August. Wants to hit a low again. But as I once they do that. Am I start scanning through? All the semiconductor names. They look like crap. They look like bear markets. And I think all that happened. Here is Kaley. Ten quarter last week was one nineteen hit one hundred today close at one zero to ninety. Best way. Explain lamb research, which is a new yearly lows finished down five today. KOA see? I just mentioned that Lam research. What's Applied Materials? Stoskopf from sixty two to thirty eight. Was thirty seven today close at thirty eight thirty nine. So maybe that's all it is just stop beating them up for the second. So that reverses a little bit. But then. As I'm scanning when you all have a chance, and I go look at SunTrust STI. You know, kind important super regional Bank. Go look at Comerica CNA. Go look at how about sitting third Bank core FIT? Or key Corp. Or regions financial? Or Wells Fargo. For US Bank Corp. Or BBN t. And Morgan Stanley. And when you have a chance go look at some of the strong aids J P Morgan, which is already down to very important support. Just like bankamerica's. And they weren't strong to begin with. And when you look at the KRA, which is the regionals and a whole. As the downside before them recover. But it's back on the two hundred day moving average where it held in early July and late July. You don't want break that again, we're not going to just tell me it's sitting on it. So so many things moving on the plate today. And then commodities. When you have a chance to look at the g the X today. Good volume data that very oversold very stretched and extended in its bear market away from the normal bear markets. So we'll call this sort of a bounce. Gold may may be making a little higher low from the low in August. We'll see. So maybe that's changing maybe. Because when you look at the dollar and symbol is you UP? Oh, look at that. And making a lower high. So would just let you know, we're watching these things, and of course, some of these countries if you look at the F X Y China twenty-five index it's been smoking fifty four down to forty, but I want you to notice it. It's forty in August than it hit forty yesterday. Around and bounce today. And we'll see if it sticks. Maybe a dozen. But we're always looking for but possibly can change the leadership in these areas. We're just trying to. Ferret out whether they're starting a process of the worst being over. But again while I see that what's what am finance today. And by the way, that the Ameritrade. That includes the trade. Things are getting smoked. And as I mentioned to you, also the investment managers the investment brokers. So lot of weird stuff going on today. And in the indices, the NASDAQ today was seventy eight eighty four was down ninety points finished on eighteen. SNP that will never that bad because they were holding up pretty well. But the NASDAQ types were getting hit a lot that causes the semis. And just the software names which were down early finish up. News that hasn't changed. But also, what does not habit hasn't changed? Facebook and Twitter deeper into their bear markets today. Google the deeper into it's below the fifty day moving average. So just a little bit of the word to the wise. Lots of things moving on the plate here. Now, there was news again about some trade talks with China. So Boeing was up eight bucks in that got the Dow coming back it seems like every time the market week. There's a rumor about some trade FOX anyway, leave no doubt bones wanted a bit proxies. And of course, Caterpillar also reversed also those are the two names on the Dow. So in my world a little bit of Wyatt. Stop today. But when all is said and done we care about nature in the still sitting somewhat on the tight side. Some of the worst areas bounced and the semiconductors which were being slaughtered early. Got a lot of it back. That's important day. There's simply no chance for the bull markets. But out of the fact that they had a pretty good reversal today. A motive the losses does not hurt. And that was basically the inside story. So I'd be watching some of the Chinese APR's. Now, let's see what happens. We got a few IPO names that may be starting to break out range. We're a little bit more careful and. News on the coins and about a stop that went down ninety percent today. Guess what? Guess what the company does get guess what industry the company is in and guess how much sales the company had? You know, where I'm going with that. Again, as we always tell you with your money. Poison carefully. Up.

bankamerica China Dow Comerica CNA Kaley SunTrust Lam research US Bank Corp KRA J P Morgan Morgan Stanley NASDAQ key Corp Google Facebook Wyatt Boeing FOX Twitter
"us bank corp" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:24 min | 3 years ago

"us bank corp" Discussed on Bloomberg Radio New York

"Live for. Us, out of Singapore this morning Nick Great to have you on let's begin with all. Bs which as finalized. A, settlement with the US department of Justice over, mis selling, of mortgage backed securities in the run up to the, financial crisis its agreed to pay four point nine billion, dollars it's, a big number but we didn't know that it was, coming Yeah this is pretty well flagged I think back, in my we we had a. We had the. Number known this this is finalized it might know, admissions as part of the settlement but the department of Justice is is fairly happy about getting. That, sort of that as well This is one of the main goals. For, c. Ross McEwan as well as getting back to paying dividends the two things that he really wanted to before before moving on he. He's an answer new DVD end so removing a couple of the hang hang. From from the financial crisis obviously the next one to go. Would probably be the. Huge amount of government ownership in in the. Bank and getting, some of these things so that might help the stock in. The lead up, to the government selling? Some of that down to miss, selling is a, great word I love that selling. I don't think. That is an English word in any case it's, a big week for data in the UK with inflation due out later what are we expecting Are you a bit more of the same. The cool numbers seen. Steady at one point nine percent but headline. Picking up slightly, to two point five percent mainly Geeta oil prices there that. The keeping things, elevated at the moment That said yesterday's wage growth numbers showed even though, it was slowing it was at two. Point seven, percent, experiences so it can seem as making some some gains, back here even the inflation rate reminds elevated, Bloomberg economics. CS actually headline inflation. Coming back down later in the year? So that removing some of the pressure then? Finally Nick we've gotten some details on on, the hedge, fund holdings lots of attention being paid to, Warren Buffett's new stakes apparently he's liking banking he's lucky lines is what is apple Yeah he's a he's he's got, a couple of key sectors they obviously Apple's he's a, big fan he added five, percent to his. Holding before the earnings pop so he's done very well they're. Also Goldman Goldman Sachs and US. Bank Corp, holdings cut Wells Fargo and he has maintained holdings all of, the four biggest airline's adding to delta. And south, and, reducing American Airlines United we're getting a lot of third, in the moment one of the other big, winners Ivan. With, Spotify we've had. A few people piling their target global And j. p. Morgan jumping into that music service all right Nick thanks very much Nick gentle they're from Bloomberg daybreak by the. Way it's out. On customer terminals bringing you all the news you need to start your day if you want to check it out on the Bloomberg in d. a. y. b. go Marcus let's say get, some more headlines from around the world here's a good backs Leon guarantee good morning Markus emergency services on working, to try, and, find any remaining survivors beneath the rubble. Of a collapsed. Mate weighbridge genitally at. Least thirty five people are known to have died after it. Came down over the city. Of Genoa deputy prime minister Matteo Salvini won't the country must ignore e., u. budget constraints in order. To improve its infrastructure over the next economic measures will have to put that it's cool. The security of Italians the right to life right. To work right to health restrictions, will come later. Properties in Birmingham and Nottingham all being searched as Part, of the investigation into a. Suspected terror attack in London yesterday. Three people were injured when a car drove into pedestrians and cyclists at twenty nine year old, man is, being questioned London massively con we're making sure. We can make limited, safe as. You possibly, can at the same time not wanting to live in the city that's not welcome in we wanna make. Sure we don't allow the terrorists to succeed bus change in our life a rescue ship carrying more than one hundred and forty migrants. Has been told. To conduct in Malta those onboard had been stranded in the Mediterranean as European governments reached a deal on who should take them in that we sent to five countries including Germany and Spain, across the EU and for US states held primary elections last night including presidential swing states Minnesota and Wisconsin Burks Nathan Hager has the results in Wisconsin Democrats chose ironworker Ryan iron stash Bryce. As their nominee, to try to flip. Retiring house speaker Paul Ryan seat in Minnesota, state Representative Ilhan Omar won a crowded democratic primary to fill. Keith Ellison seat and Christine hall Quist won the democratic primary for governor of Vermont she's the first transgender major party nominee for. Governor of any state in Washington I'm Nathan Hager Bloomberg daybreak Europe global news twenty four hours a, day on and it took on Twitter. Powered by more than. Twenty seven hundred journalists and listen more than one hundred twenty countries I'm Leon guarantees this, is Bloomberg Markus thanks very much Leon Lett so also. Get Easter morning sport here's coma Besley Celtic. Will find out their opponents in the Europa league playoff tomorrow night following Champions League exit they went down two one away to a Athens in the away leg of their third.

Nick Great Bloomberg US department of Justice Leon Lett Bloomberg Markus US Singapore Apple Goldman Goldman Sachs Minnesota Ross McEwan UK Spotify Nathan Hager Keith Ellison Wisconsin London
"us bank corp" Discussed on This Week In Google

This Week In Google

02:03 min | 3 years ago

"us bank corp" Discussed on This Week In Google

"It's not about good was beta. They're trying to make it into scare words. The lead. Could it got rewritten like the the head, but it's it's irresponsible. Yeah. In fact, in fact, the rest of the article goes on to say, Facebook's, basically. And imagine, would you like this considering a feature where Facebook messenger would show your checking account balance? Maybe fraud alerts if you ask for it? Yeah, if you. Yeah. First of all, you have to say, I am a customer of. US Bank Corp, and I want this to be in my messenger or let me follow the chat bot now I don't know why face. We'll see. Information is look at all these things you can do on we chat. Isn't that what we should have that? Yeah, right. Do that and write data privacy is a sticking point in the banks. Conversations with Facebook said people familiar with the matter. The words banks are pushing back saying one large US Bank pulled away from the talks to to privacy concerns, which is a PR up. No journalists was just like, all right. You don't know if it's a PR question or Facebook's asking for more than it might need for this. I mean, understanding your customer data is that is that is your gold right now that all the companies think that that's their big thing. I don't necessarily group with all of it, but Facebook could be asking for more information than they wanna give or to be the point of control for this in the banks are like, yeah, you know what? If we give you this, we actually want a little bit more in return so you can be PR or negotiation. We know Facebook would ask for that. What I mean that I wouldn't they right of course. Of course, they may not marketing. Yeah, yeah, yeah. They're going to start the conversation starts with, hey, give us all this information and we'll give you this. And then the Bank says, that's our customers. You're jumping right over right there. This is that's that's what tech crunch gets better than the Wall Street Journal does is was the way the Wall Street Journal presents is gives us all his information in offer you something the way tech crunch presented says, no, I can go is a customer can ask for my.

Facebook US Bank Wall Street Journal US Bank Corp fraud
"us bank corp" Discussed on P&L With Pimm Fox and Lisa Abramowicz

P&L With Pimm Fox and Lisa Abramowicz

02:28 min | 3 years ago

"us bank corp" Discussed on P&L With Pimm Fox and Lisa Abramowicz

"You know there's always the other hand in that other hand is that we're not actually seeing any losses at the moment okay no loss is at the moment but as you said weakening fundamentals and specifically this combination of increased the debt costs as well as serve debtservice burdens plus higher vacancies according to noted bernstein this is something that's pretty easy to tell yes indeed that that kind of narrative is eat is easy to tell and i think that people are always looking for the next thing to worry about and as long as there are these socalled brown shoots as opposed to green shoots which is how baird had characterized the situation people are going to be looking at that and trying to figure out what's going on well you know fleas one thing that i find interesting is that a lot of investors around the world sort of flocked to us commercial real estate as a bond substitute since you get steady income from renters leasers etcetera and that was sort of driving a lot of chinese money asian money as well as european money into the us has anyone talked about sort of a shift in foreign money and that kind of leading to some of the worries here too i think that people are questioning whether there's going to be a shift i haven't really seen any evidence that there is in fact shift underway one of the comments from us bancorp chief executive on the conference call recently this goes back i guess to december said that the they haven't been growing their commercial real estate loan book because they see some competition for things that they would choose not to do what kind of things do you believe they are well i was wondering that myself and other analysts have noted that there are some loosening standards certainly at banks now it's easier to track standards at banks because the fed surveys that you know i i would wonder what other things are happening in in a less regulated or less monitored corner of the market well and this sexually really important because if you have you know us bank corp wells fargo goldman sachs warning about komo commercial real estate valuations you have to wonder perhaps they're seeing loosening standards and they're seeing something that perhaps haven't materialized yet but that could kind of filter in more.

bernstein baird us chief executive goldman sachs fed bank corp komo