38 Burst results for "powell"

Fresh update on "powell" discussed on CNBC's Fast Money

CNBC's Fast Money

02:40 min | 4 hrs ago

Fresh update on "powell" discussed on CNBC's Fast Money

"Says this rate breakout is just getting started listening and julian emmanuel bt jesus chief equity derivative strategist julian great to see you once again. I gotta ask you about this news in the context of do you think this changes the likelihood that powell is reappointed in. What would the market reaction be. If powell were not the markets would likely be upset. If powell were not reappointed and the issue here. Melissa is that you think about it. Regardless of the largeness of of what's happened here is. Is there going to be more or less political pressure on jay powell between now and the end of his term in february. And it's clearly. The answer is going to be more if you look at it. The last time there was significant political pressure on pal was the fourth quarter of two thousand eighteen. And they're not the same. But i would only say that what we saw last week from. Jay powell was the first time he's aired on the side of hawkish nece since that fourth quarter of twenty eighteen and frankly it could be something that the margin that gets the fed being perhaps even more aggressive than the markets thought and from where we sit. We don't think that acts of the rally of the last several days in the wake of wednesday that being more hawkish than the market wants or expects right now is going to serve stocks. Well in the near term calling for expecting a ten to fifteen drop off by mid october including the turbulence. That we've recently seen julian's at the margins. This could be additional pressure to that in our rates. The driver of this rates are very much. The driver of this say if you look at it. Part of the narrative is that position for one has been largely skewed towards high multiple growth. We've seen the nasdaq outperformed essentially almost direct a directly. Since the last pecan yields at the end of march but again the feds dialogue. And it's not just the fed the central bank of norway. The bank of england are all telling you that rates need to go higher because inflation is a bigger problem than was perceived. And if you noticed that were transitory has largely disappeared in in the last four or five days. And we think that's intentional. We think there is a chance that you could Certainly attest the highs at one. Seventy five and look for two percent by year end and that us above one seventy five in particular is likely to cause market market market to continue to feel uneasy. And there you get more opec. Hey jillian it's dan so the last time that the ten year. Us treasury yield was at one seven five. The s&p was much lower. So i'm with you with your call but let's just look at what's happened in the last week since we started to see this rate breakout. Yes you've seen mega cap tech the a little soft and that was the case in q. One right when rates were rising. But we've seen this rotation look what's happened with energy. Look what's happened with financials. Is that rotation enough to keep the major indices elevated. That's the problem. That i have as i keep trying to short these moves and i think we could be in a one step forward to step back but i'm just wondering if the rotations are enough to keep the major indices levitating so from our point of view in the near term lightly no in the longer term. Yes but again. You're looking at a tremendous amount of uncertainty and by the way we are overweight. Both energy and financials and very encouraged by their action energy in particular is something that we could see that still rally another twenty or thirty percent. It's such a low waiting. The s and p five hundred that the the larger index could go sideways the lower. And you still get this performance in energy but again it's not enough to drive the the upside in the index level. And the thing that concerns us if you look at the last half hour of today's trading the market basically sold off in that last half hour the flows have been very consistent from the public for the balance of twenty twenty one. That's changed in the last couple of weeks and inflows are something that we need to sustain the upward bias and that is something that again has been missing one week does not make a trend but you look at today and it's not terribly encouraging in terms of what we expect over the near term killian. Great to see you. Thank you thank you. Julian emmanuel karen a scenario. Julian is right. In which rates get to two percent by the end of the year and markets back can financial still go higher. I think so if rates get to two percent by the economy sort of you know guess getting past delta and the economy of picking up steam. Maybe if there's some improvement on some of this supply chain issues and that's why rates are two percent that i think that's good for financials and so there will be more room to run same question to you. Guy what happens to the market and what happened to the markets overall with rates a two percent. Ten to fifteen percent. Doesn't we talked about the so. No we talked about this a while ago. Under this scenario this is the center. Thought would play out today at least for today. It looks like it's happening but again twenty four hours a day make but i thought rates would get to two percent of the year. I thought it'd be great for banks energy and resources. But i thought it'd be probably bad for the broader market because the s. p. five hundred cannot be driven by the groups. I just talked about so. I think you'll see a phone. S and p five hundred of rates. Go to two percent and i think banks resources energy continue to lead coming up lights out. Power problems forcing factories to close.

Jay Powell Powell Julian Emmanuel Bt Jesus Julian Great Hawkish Nece Central Bank Of Norway Us Treasury FED Melissa Bank Of England Julian Opec Jillian Julian Emmanuel Karen Killian
Fed Considers Tapering Bond Purchases as Economy Grows

Marketplace with Kai Ryssdal

02:24 min | 3 d ago

Fed Considers Tapering Bond Purchases as Economy Grows

"So much talk about so little time and that is not. I promise you just me trying to get to the good stuff. It actually has been a busy week. Genus malik is at the new york. Times neil richardson is at adp. Hey you too. I kinda hake so neil and let me start with you I want to discuss a little bit. chair powell and his press conference this week in which he said In literally so many words that the fed has made that substantial further progress Or is very close to it to start to reduce its bond buying program the taper He said we've more than gotten there and inflation as we've talked about many times on this program not quite yet on jobs and i guess my question is we've been told it's going to take on another twelve months or a year or year and a half for the for the job market to recover. Why do you think the fed is gonna taper now. Well they are going to reduce their bond buying for one reason and one reason only they wanna get bang for the buck. They're spending a hundred twenty billion dollars a month on bonds. They wanna see some effect in early on. When everything was in chaos in the financial markets and bonds that were considered safe started acting very risky ways. That were unpredictable. That bond buying helped stabilize everything. It was a success story but bang has faded into a whimper. It's not really having a lot of effet particularly in the jobs. Market that has bottlenecks. That are more amenable to fiscal policy in action than monetary policy. Junior you're on that You're on that video. Call with chair. Powell you're probably paying closer attention than i was. But i don't think anywhere. He said the word transitory about inflation. Did that strike you at all. You know. I think it is interesting. I think there's been a real short of decision. Among monetary policymakers to start being a bit more cautious in the way that they talk about inflation either they still say that there are these temporary forces pushing inflation up. There's no reason to believe that they're going to last forever. But i think we've all become a lot more modest about how long we think temporary is going be you know because it's earlier in the year. They thought these these temporary dislocations we're gonna fade within a few months now. It's like pretty obvious that they're not gonna fade until we're well into next year and i think they're real questions about you. Know how how quickly supply chains in particular are going to get back to any kind of normal

Genus Malik Neil Richardson Chair Powell FED ADP Neil New York Powell
Fresh update on "powell" discussed on CNBC's Fast Money

CNBC's Fast Money

01:36 min | 4 hrs ago

Fresh update on "powell" discussed on CNBC's Fast Money

"On fast social dilemma facebook pausing plans for a kit version of instagram as pressure mounts that the platform is toxic to teens will break down the fall at what it means for the company's bottom line plus the lights out power problems playing china forcing factories to shut down how this could even more pain to the global supply chain and later energy stocks in rally mode the xl etf soaring three and a half percent. Today we'll drill down. What is behind this big move. We start off breaking news on the fed in new fallout trading controversy. Let's get the steve wiezman with all the details. Hi steve thank you to federal reserve presidents. You were the subject of conflict of interest controversy at the fed announcing plans to retire today on the eve. Pitcher jay powell testimony before congress dallas fed president. Robert kaplan saying he retired october eighth. His financial disclosure showed multiple multimillion dollar trades throughout the year individual stocks that some created the appearance of a conflict of interest kaplan who headed the bank for the past. Six years insist that he did not violate the feds code of conduct. The former goldman sachs executive said quote. The recent focus on my financial disclosure. Risk becoming a distraction to the federal reserve execution of its monetary policy boston president. Eric rosengren singular retired september thirtieth rosengren. He's headed the bank for the past. fourteen years. said he would step down for health reasons. He announced he is a candidate for a kidney transplant. Had to retire in june twenty twenty two disclosure forms showed rosengren made thirty seven trains in reach that own mortgage backed securities last year. The fed was buying billions of dollars of nbs. Powell may well face questions about these conflicts tomorrow including his own ownership of individual municipal bonds which he owned before before the fed last year began buying me. And he's in his testimony. Powell will say that he sees upward pressure from supply bottlenecks. They've lasted longer than expected. And there is potential upside risk inflation from these bottlenecks and other supply constraints. The fed would respond to hire sustained inflations. If it became a serious concern. Powell said on the economy. He says he will say it's continued to strengthen and strong growth is expected in the second half of the year in some industries. He said complies supply constraints may well restrain activity labor market conditions. He says i've continue to improve. Melissa save september thirty seems like a key date because i was the date by which they pledged to sell their holdings. Is that correct. Yes both kaplan rosengren. In the wake of the controversy announced they would sell their holdings and not trade as long as they were presidents of the federal reserve banks. Have question steve. it's him. Yeah i guess the question really is what's the sense within the ranks that there are others. It's been clear. The statement has been there have been no infractions in violation of fed policy. Powell is gone out of his way to say we have to evaluate fed policy because the public trust is is critical to to maintain. So what's the sense. Are there other stepping forward. Not that we've seen. We have reviewed. I think all of the disclosure forms for this year. We did not find anything that stood out as creating the appearance of conflict. Most of what other fed officials own seemed to be in different mutual funds and not an individual named securities. Look it's it's an argument or a debate as to whether or not kaplan or rosengren violated the code of conduct. Certainly you could argue that. They created the appearance of a conflict of interest. But the actual rule say they can't take stakes in financial companies Things that companies the federal regulators and can't trade in the blackout period which is ten days before until the evening of the second day of the fed meeting so those are the rules. That are the letter of the law whether or not the spirit of the law was violated and the question becomes about two other folks fed chair. Jay powell only vinexpo bonds before the fed began buying them tom. Barking of richmond owned corporate individual corporate bonds before the fed started buying them. I'm sensing perhaps some less heat on both of those then on powell at sorry on kaplan and on rosengren save. What's your sense of the optics of of this situation. Now that the two men who are at the center of the controversy are voluntarily stepping aside. I think it takes some immediate heat off of the fed. Perhaps i don't know that it solves the problem. Powell has pledged to do a thorough review and revisit. What the code of conduct says i think the fed and i think this is true of all aspects of power in america today. They face a crisis of confidence. I think the fed probably got caught with its code of conduct not changed. While the fed's monetary policy execution changed. Powell said it last week that hey you know. Any fed official could amoeba because the fed would never buy muny bonds. Well guess what. The feds started by mini bonds. The feds started vying corporate bonds back away before the fed had never bought mortgage backed security. So i think the execution monetary policy change the feds code of conduct did not change. I think powell is going to have to respond to that. I think the pressure is going to be on him. You thorough look really answer. Tim seymour's question. Officially which is were there. Any other trades that are issue here and should the fed dramatically change the trading policies that govern federal reserve officials steve. It's karen. thanks for being on. Do you think that Chairman pal can put this behind him quickly enough so that it doesn't become an issue and whether or not Biden named him to continue his chair. That's a great question. I don't know the extent to which congress is going to make this into a major issue..

FED Rosengren Powell Jay Powell Steve Wiezman Dallas Fed Eric Rosengren Kaplan Robert Kaplan Kaplan Rosengren Instagram Steve Goldman Sachs Facebook Congress China Boston Melissa
Federal Reserve Holds Interest Rates Steady, Says Tapering of Bond Buying Coming ‘Soon’

Wall Street Breakfast

00:53 sec | 4 d ago

Federal Reserve Holds Interest Rates Steady, Says Tapering of Bond Buying Coming ‘Soon’

"So the fed yesterday avoided a shock to equities in. What's already been a week. September but will investors remained. Comfortable with the hawkish tilt as widely expected members pulled forward rate hikes expectations on the dot plot and fed chief. Jay powell telegraphed a tapering announcement at the next meeting in november. But it's worth pointing out. He said the same thing about this meeting the tapering Once it does happen is expected to end around mid twenty. Twenty twenty two. That's according to powell's comments and a off could occur after that but it's basically not going to be until twenty twenty three. At least that looks like the most likely timing for the start of rates judging by his comments and the dot plot.

Jay Powell FED Powell
Fresh update on "powell" discussed on Balance of Power

Balance of Power

01:26 min | 9 hrs ago

Fresh update on "powell" discussed on Balance of Power

"On and so many areas where Europe is showing at such a leadership position And I think sometimes the United States should look over the pond and admire what they're doing Will Germany and if Germany's leading Europe Europe lead in terms of growth I don't think that they can I think that the U.S. obviously this year is a strong year I know that the comments came out that people are expecting next year to slow But Europe has always been a much slower growth economy It doesn't have the same tech representation that we do in that same entrepreneurial innovation What I think however is the gap between the U.S. growth rate and the European growth rate will close You'll basically want to look at it as having a base level of normal European growth that supplemented in 2022 and 2023 by the spending from the European recovery fund A lot of that money is going into economy such as Italy which really suffered onto the pandemic It now has leading the government there It's fixing a lot of the legacy problems So I think that while Europe may not surpass U.S. in terms of growth it's catching up quickly Okay thank you so much Katrina Particularly for your patients with our technical difficulties Great to have you with us That's Katrina Dudley She's portfolio manager with Franklin mutual advisers We are getting some breaking news now from the fed's latest from Leo brainer She says employment is showing the short of the mark but may soon meet the taper test We welcome now Michael McKee Bloomberg international economics and policy correspondents We got a lot of fed speak today I should say I want to talk to you about Eric Rosenberg but first how about this fed speak Both from Williams and from brainard Yeah basically Charlie Evans earlier today They're basically all singing the same song from the same hymn book and that is that labor supply is a little bit tight right now because people are discouraged by the delta burian They're not going back to the office yet But they are going to become available as time goes on And in the meantime inflation will fall back to 2% It's a fairly standard line from the fed maybe the folks in the oil trading pits today would disagree about it Well so we're gonna hear from some more fed people like Jay Powell the chair tomorrow and Thursday Is this a preview of what we're going to hear from him I suspect it will be although the hearing is technically on pandemic relief required by the pandemic relief law and he'll appear with Janet Yellen And he'll probably say the same things about inflation and about growth but the interesting thing tomorrow is going to be the questioning around the and this will lead us right in Eric Rosenberg around the trading that was done by fed officials because it's before the Senate banking committee and Elizabeth Warren is on that committee Yeah she has a thing or same thing But let's talk about that I thought that I heard chair Powell last week before pretty upfront saying you know what We don't like it it won't happen again I don't think anybody did anything intentionally wrong That's what I thought I heard the chair say Is there anything more to be said about it than that It's hard to know they're doing an internal investigation from what we do know about what was traded and the timing of it There doesn't seem to have been any effort to take advantage of insider knowledge of what the fed was doing It seems to be that circumstances kind of caught up with the fed in the people own things that then had not been traded and that all of a sudden were getting bought by the fed And so they got stuck with it Rosenberg and one of them he says his retirement has nothing to do with it Exactly He said it's a health issue I guess he has a problem with his kidney I didn't know bob and he was a transplant so he says it has something to do with something very different But more broadly we're looking at a transition and monetary policy pretty clearly with the fed at the same time we're going to have a fair amount of transition potentially in personnel as well with the chair and both vice chairs coming up Yeah the President Biden has to pick a chairman of the fed Jay Powell's term as chairman ends in January of next year And Richard claret is term as vice chairman ends in January of next year The vice chairman in charge of regulation Randy quarles He's out as of the end of October Now Powell and quarles have terms on the fed they could stay on the board but by tradition you usually leave And now we have Eric Rosenberg's seat which is going to be empty for a little while Be filled by Ken Montgomery the first vice president but they won't have they won't have enough official who is helping around the table to decide what policy is going to.

Europe Eric Rosenberg FED U.S. European Recovery Fund Franklin Mutual Leo Brainer Michael Mckee Jay Powell Katrina Germany Charlie Evans Janet Yellen Senate Banking Committee Brainard Italy Elizabeth Warren Williams Powell
China's Xi Warns of 'Interference' as Australia Brushes off Anger

Newscast - Africa

00:36 sec | Last week

China's Xi Warns of 'Interference' as Australia Brushes off Anger

"President xi jinping has won against into fired from external forces in the region as australia shrub of beijing's growing anger about the decision to acquire choir use nuclear powered submarines and promise to defend the rule of law and expert and waters where china has staked hotly contested claims g arch heads of state are absolutely disease. Fennel forces to interfere in countries and regions. Any excuse and hold the future of our country's development and progress for media hands china state on publication global times also described australia as powell the us and called naive for financing. America's cold war on.

President Xi Jinping Beijing Australia China Powell America
A 20-Year Megadrought Threatens Hydropower in the West

Environment: NPR

02:09 min | Last week

A 20-Year Megadrought Threatens Hydropower in the West

"A twenty year. Mega drought in the west is threatening hydropower. For millions of people so the federal government is taking emergency action it sending water from other reservoirs to lake powell to help. Keep the power turbines. They're spinning. here's michael. Elizabeth sack is from colorado public radio at elk creek marina. People wait in line to back their trailers into the water to pull their boats out. And some like walter. Slut cough are frustrated. Resumes legua up and down many times. But we're not happy with it this year. Of course because we're all getting kicked out early and we pay for slips for the season. Blue mesa is colorado's largest reservoir. It's already less than thirty percent full. And now it's being forced to sacrifice more water to send to lake powell eric. Logan is head of operations at elk. Creek marina he had to shut down six weeks early because of the low water levels. It's a big hit for us for sure. There's a bunch of employees. That doctor would be employed into october and suddenly they're out looking for employment in middle of august. The deepening drought in the west has dealt a double blow to blue mesa this summer with climate change there's less snowpack and warmer temperatures increase. Evaporation so less water is making it into the colorado river and reservoirs like blue mesa and now the federal government is taking water from this lake into other reservoirs. If we were full it wouldn't be that big deal but since we're already so low and we're barely hanging on by our fingertips on trying to stay open. You take eight feet of water and suddenly we got shut the doors and move everything out to deeper water and there's nothing we can do about it. Lake powell on the utah. Arizona border hit its lowest level on record earlier this summer. Logan worries the reservoir will need even more water from blue mesa. If the drought doesn't improve the question is are they going to release whatever we get. That would become a very big problem for everyone around here. Blue may sat and the other reservoirs were built in the nineteen sixties for times of drought. It's a bank of water that the states can tap when they need. It says john macleod. A water lawyer in colorado. The water always goes to lake. Powell and this release is part of the plan. And it's using the reservoirs for one of their intended purposes

Elizabeth Sack Elk Creek Marina Blue Mesa Powell Eric Creek Marina Colorado Federal Government Powell Logan Walter Michael Colorado River Mesa Lake Powell Utah Arizona John Macleod
Girls Aloud Singer Sarah Harding Dead at 39 From Breast Cancer

The Briefing

00:22 sec | 3 weeks ago

Girls Aloud Singer Sarah Harding Dead at 39 From Breast Cancer

"The world of pop. Music been rocked by the death of singer sarah harding. She was just thirty nine a year ago. She was diagnosed with advanced breast cancer. She was one fifth of girls aloud helping to revolutionize british pop at powells written attributes. Saying that halting brute respectability to the world of reality tv talent

Sarah Harding Breast Cancer
Biden Pledges 'Full Might' of U.S. For Gulf Hurricane Recovery

5 Things

01:56 min | Last month

Biden Pledges 'Full Might' of U.S. For Gulf Hurricane Recovery

"Hurricane ida has made landfall the storm hit southern louisiana as a major category four near port for choung less than a hundred miles south of new orleans on sunday. It cut power across the region including to all of the city of new orleans and parts of southern mississippi and at least one person died due to a hurricane when a tree fell on a home in prairieville louisiana outside baton rouge. Ida's one hundred fifty mile an hour winds when it came to shore tied it for the fifth strongest hurricane to ever hit the. Us mainland early. Monday idaho was a category one hurricane with sustained winds of seventy five miles an hour. Some twelve hours. After i making landfall president joe biden said sunday that the federal government's full strength is behind recovery efforts in the region. Everyone should listen to his structures local and state officials. Just how dangerous this is. Take it seriously. it's not just coasts. Not just novels is north as well. The rainfall is expected to be exceedingly seemingly hot. The people were gulf coast. I want you to know that Trying for the best planning kurd for the worst as soon as the storm passes. We're going to put this. We're going to put the country's full white behind the rescue and recovery before the storm. Louisiana residents like michael told the associated press while filling up gas tanks. What they expected he'll foul with regular windstorm. You know it's just the way it is. You know you have so many trees with pylons and you lose powell a lot and it just have to be prepared. The water is my biggest concern. I don't think it's ever been tough. It's

Hurricane Ida Hurricane Prairieville New Orleans Louisiana Baton Rouge Mississippi Joe Biden Idaho Federal Government Gulf Coast United States The Associated Press Michael Powell
Powell Sees Taper Starting This Year

Phil's Gang

01:42 min | Last month

Powell Sees Taper Starting This Year

"About what pal is going to say on Friday. And basically nothing. Well, I think he is going to be appropriately vague and perfectly noncommittal. Well, guess what? That's what happened. But I also told you That he would not Paper. You would not raise rates because he had too many things going Augusta, one of the things Was I told you That you've got to have full employment. And right now. We're receiving every week. New sign up for unemployment unemployment checks The unemployment applicants each week I running between three and 450,000. Anything about 350,000 is a recession. Well, guess what he said. When he came out, Jack, what I said. Doesn't have full employment. The Federal Reserve Chairman Powell He just came out and said that well. You may likely begin to taper before the end of the year. However, you went on to say That rate hikes aren't imminent. As you're still much ground to cover. Before the economy hits, full employment, exactly what I said. I also said They're lying. They're not gonna They're not. They're not going to raise rates because they don't control it. Paul does not control the Federal Reserve. The same banks, TERT warlords, bank stir Gangsters. Who control the Federal Reserve, the same ones who control The military industrial machine.

Chairman Powell Augusta Federal Reserve Jack Paul
Powell sees taper by the end of the year, but says there's 'much ground to cover' before rate hikes

The Joe Pags Show

00:16 sec | Last month

Powell sees taper by the end of the year, but says there's 'much ground to cover' before rate hikes

"If the economy continues to get stronger, says ABC Jim Ryan, watch for the Federal Reserve to begin tapering off some of its easy money policies before the end of the year. In a much anticipated speech as part of the Fed's annual Jackson Hole symposium, Jerome Powell says interest rate hikes are still often

Jim Ryan FED ABC Jerome Powell Jackson Hole
Powell Says Fed Could Start Scaling Back Stimulus This Year

Adventures in Finance: A Real Vision Podcast

00:45 sec | Last month

Powell Says Fed Could Start Scaling Back Stimulus This Year

"What we're looking at jackson hole. Symposium underway in remarks at the jackson hole economic symposium fed chair. Jay powell said that the us economy has made quote clear progress toward maximum employment while adding that substantial slack remains in the labor market. Powell went on to say that the fed has seen more progress in economic growth. Uh suggesting that the fed may find it appropriate to withdraw to continue the taper to begin to taper. I should say In this year in twenty twenty one The chair also reaffirmed that even asset after asset purchases end are elevating holdings of securities will continue to continue to quote support accommodative financial

Jay Powell FED Jackson Powell United States
Fed's Powell: Several Factors Indicate Elevated Inflation Rate Remains Temporary

The Breakdown with NLW

02:03 min | Last month

Fed's Powell: Several Factors Indicate Elevated Inflation Rate Remains Temporary

"Gave his speech at ten. Am today virtually. And what did he actually say. Well it was basically exactly what the new consensus thought. Let's go through some quotes. And then what. They actually mean quote at the epilepsies recent july meeting. I was of the view as were most participants that if the economy evolved broadly as anticipated it be appropriate to start reducing the pace of asset purchases this year the intervening month has brought more progress in the form of a strong employment report for july but also the further spread of the delta variant. We will be carefully assessing incoming data and the evolving risks. So what does this actually mean. We were going to indicate that we were going to start to taper but now we're focused on delta as a reason that we might need to stay the course or at least be more cautious back to powell if a central bank titans policy in response to factors that. Turn out to be temporary. The main policy effects are likely to arrive. After the need has passed the ill-timed policy move unnecessarily slows hiring and other economic activity and pushes inflation lower than desired today with substantial slack remaining in the labor market and the pandemic continuing such a mistake could be particularly harmful. We know that extended periods of unemployment commune lasting harm to workers and to the productive capacity of the economy. What does that actually mean. Well the non cynical read is that the fed is really truly obsessed and focused on the questions of the labor market and employment way more than questions of inflation. A cynical read is. Hey listen we learned our lesson from the taper tantrum. When y'all freaked out before the last time around back to powell the timing and pace of the coming reduction and asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff for which we have articulated at different and substantially more stringent tests even after our asset purchases and are elevated holdings of longer term securities will continue to support accommodative financial conditions. What does it mean. Even tapering won't really be a hawkish turn and tapering in the form of reduced bond purchases has implications for how fast they'll raise

Powell FED
Markets Close at Records as Fed Lays out Taper Timeline

CNBC's Fast Money

01:53 min | Last month

Markets Close at Records as Fed Lays out Taper Timeline

"And we start this hour with all those fed headlines at sent markets soaring today. The s. and p. nasdaq closing at new records. The dow jumping more than two hundred points. This is jerome. Powell seemed to set a timetable for the taper but tamp down expectations for any rate hikes. Let's get right to see policeman who's been following all the action in the virtual jackson hole this year steve. Yeah virtual jackson hole where real impacts on the market says you said fisher j at outright. He expects the fed would start tapering later this year if the economy continues to improve but he left him so flexible by not offering us specific month for the announcement or the beginning of the taper. Powell said inflation it's passed the test to start tapering employment on the way to a passing grade. The outlook for the labor market has brightened considerably in recent months after faltering last winter job gains have risen steadily over the course of this year and now average eight hundred thirty two thousand over the past three months of which almost eight hundred thousand have been in services. Powell said the delta very represented a risk. But he's still expects good job growth in the months ahead. That inflation will likely prove to be transitory. In that rate hikes require a higher standard than tapering does but members of the federal market committee interviews on. Cnbc right here. they're pretty definitive. It was time for the fed to ease back on the throttle. my view would be. Let's start to taper and let's let's do it quickly. Let's not have this linger you know the last time we did the taper. The economy was in a much weaker position than it is right now. And because of that there was some uncertainty that the taper itself could trigger some some weakness further weakness in the economy. I just don't think we're in that position now

Powell Fisher J Jackson Jerome FED Federal Market Committee Steve Cnbc
Powell Says Fed Could Start Scaling Back Stimulus This Year

News and Perspective with Tom Hutyler

00:08 sec | Last month

Powell Says Fed Could Start Scaling Back Stimulus This Year

"Update. Fed Chairman Jerome Powell reaffirmed the feds of urging plan to start scaling back its stimulus policies this year. And its expectations for receding

Jerome Powell FED
Jerome Powell Signals the Fed May Soon Start Reducing Aid

Arizona's Morning News

00:22 sec | Last month

Jerome Powell Signals the Fed May Soon Start Reducing Aid

"Federal Reserve chairman Jerome Powell indicating this morning that the central bank is likely to begin withdrawing some of its easy The policies before the end of the year, though he still sees interest rate hikes off in the distance. In a much anticipated speech is part of the Fed's annual Jackson Hole symposium, Powell said the economy has reached a point where it no longer needs as much policy

Jerome Powell Federal Reserve Jackson Powell
Federal Reserve meets in Jackson Hole - Closing Bell - Marketplace Minute - August 26, 2021

Marketplace Minute

00:18 sec | Last month

Federal Reserve meets in Jackson Hole - Closing Bell - Marketplace Minute - August 26, 2021

"Twelve american service members and injured many more investors were watching the gathering of the federal reserve. That began thursday in jackson hole. Wyoming chair jerome. Powell will speak friday offering clues about when the fed might pull back on measures to stimulate the economy. The governor of

FED Wyoming Jerome Jackson Powell
Lawyers Allied With Trump Penalized Over Michigan Lawsuit

AP News Radio

00:46 sec | Last month

Lawyers Allied With Trump Penalized Over Michigan Lawsuit

"A federal judge has issued a scathing rebuke of nine lawyers aligned with former president trump who face sanctions over their challenge of Michigan's election results the nine lawyers are facing financial penalties and other sanctions as US district judge Linda Parker said a lawsuit they filed last fall was a sham intended to deceive the court and the public she accuses the lawyers of abusing the court system challenging Joe Biden's victory after the state had certified its election results she says the attorneys which includes Sidney Powell and Lynn would scorn their oath the judges as the city of Detroit and the state of Michigan to tally up how much defending that lawsuit cost I'm Jacki quit

Linda Parker Donald Trump Michigan Sidney Powell Joe Biden United States Lynn Detroit Jacki
The Cowboy Bob Mystery

Ghost Town

02:14 min | Last month

The Cowboy Bob Mystery

"Morning in may nineteen ninety. One a ten gallon hat wearing sunglasses. Beer-bellied bearded individual exit in nineteen seventy five to pontiac grand prix to enter the american federal bank building in irving texas. The person stepped into the banks lobby and headed towards the counter. Where young female teller was smiling cheerfully. Hello sir the teller said how may help you. The bearded man slipped the teller note. This is a bank robbery at red. Give me your money. No marked bills or dye packs. The stunned teller handed over a stack of cash from her drawer. The robber nodded stuck the money in a satchel and walked out of the bank. A seamless robbery with the perpetrator vanishing into the afternoon. This was the start of the near flawless run of large-scale bank robberies that occurred between nineteen ninety one and nineteen ninety-two they call the robber cowboy bob. Because of the ten gallon hat he always wore eluding cops for years and then after serving time having one more wild ride. This is the legendary tale of dallas bank robber. Cowboy bob. So cowboy bob again. I keep saying that name. It feels comical but it is kind of endearing to was always calm completely unarmed. Polite always almost completely silent. He avoided security cameras. Checked each bill for marks or dye packs. Stipends are those small dye-filled devices that someone in a bank and set off and they stay in the cash and whoever was holding the cash at the time like a bright blood red cowboy. Bob gave the teller a note announcing that this was a robbery and to hand over the cash and would casually the bank placing a new stolen license plate on the back of his pontiac. Every time and drive off the first five times. Bob hit it was masterful so much. So that the fbi who were now trailing him obsessively were driven crazy by how good this bank robber was the beard and the hat and a silence made him really hard to identify and the stolen license plates made him almost impossible to track. He didn't make scenes. He didn't peel out in his getaway car. he didn't attract much attention at all. He was always making me. Start to pull my hair out former agent. Steve powell told texas monthly in two thousand five. How good this thin little dried up cowboy be whipping us. His bad time after time

American Federal Bank Building BOB Irving Texas Dallas FBI Steve Powell
Joe Biden Makes Jimmy Carter Look Like Winston Churchill

Mike Gallagher Podcast

00:57 sec | Last month

Joe Biden Makes Jimmy Carter Look Like Winston Churchill

"Biden is making jimmy. carter looked like winston churchill. Jimmy carter was here. Roic by comparison during his abysmal presidency. This is unreal unreal and the media does not know what to do. The never trumpers don't know what to do. The never trumpers are literally scrambling to now. Condemn joe biden. You can't have it both ways. Powell you gotta you own this. You helped deliver. Joe biden to the american people you did everything to batter and destroy an eviscerate. The trump presidency. So you own it you break it you buy it you break it you buy it and we are broken right now.

Winston Churchill Biden Jimmy Carter Joe Biden Carter Jimmy Powell
Fed's Powell: There's No Returning to Pre-Pandemic Economy

C-SPAN Programming

01:41 min | Last month

Fed's Powell: There's No Returning to Pre-Pandemic Economy

"A virtual town hall today with educators and students. Our next question comes from Salvador, a student at Northern Virginia Community College. Salvador s even as the economic recovery continues. Could you speak about some ways the U. S economy is evolving or might look different from our pre pandemic economy. Would it deal these days? Um, we can see that the pandemic has changed our economy in some important ways. Only time will tell how lasting these changes will be. But I think we know that we're not simply going back to the economy we had before the pandemic, but it'll take time to see exactly what the changes will be. And we know that the Fed we need to watch carefully as the economy continues to get through the pandemic. And try to understand the ways that the economy has changed and what the implications are for our policy. I think the place to start though, is covid is is still with us as you can tell, And that is likely to continue to be the case for a while. Uh, While more people are getting vaccinated, the pace of vaccination has slowed. A couple of months ago, we were ahead of many other similar countries in vaccination. Now we're falling behind. Um, and one result is you're seeing is the current outbreak of the delta, Uh, string that we're seeing in some parts of the country of the country. So, um, One thing that's happened, as the pandemic has continued, is that people and businesses have Improvised and learn to adapt to live their lives despite covid it, and I would say it's not yet clear whether the Delta screen will have important effects on the economy will have to see about that. In the meantime, you asked about

Salvador Northern Virginia Community Co U. FED
"powell" Discussed on CNBC's Fast Money

CNBC's Fast Money

06:05 min | 2 months ago

"powell" Discussed on CNBC's Fast Money

"Thank you for joining us. And i think what you're saying is the financial markets and powell would like the financial markets to fully discount Tapering before we actually get there. And i think you noted Unlike two thousand thirteen. It's seems to me however that despite acting somewhat hawkish a month ago at the fed meeting that he's actually done everything he could to backtrack off of that stance. That i thought was getting us to that guidance can you can you analyze that tim. I think we lost paul for a secondary. So i'm not going to answer your students. Well maybe carrying her. Dan cajon waiting to get paul mccully back. Certainly when we have him you could re ask it or maybe he can hear us. We can't hear him. Who knows i mean. I think that's the big bet that we're all placing right now. When i say we i mean market investors. What's the fed gonna do longer term. If inflation does not cool off is there a taper. Tantrum is there a rapid rise in tenure yields based on dance charts. And if so what does that do to technology which as we know loves low rates to me yes so just to pick up on your cyclist analogy maybe. The guy sprints out to the head of the pack is doping and he's got the ability to stay there. It's not natural. Maybe that that exists just to further the analogy. But i think. I've worked at tech into two parts i think of google the value the f. maga- complex is much more value than the you know the i-i've stocks zoom the crowd the salesforce pailin tier snowflake those kind of names. So i think those are far more sensitive to rates joe so more comfortable sticking with the f. maga- well maybe. The doping is just artificially low rates for a long time. Spent henrik and others might argue. That tim paul back. I heard your question so want you re ask it again. I t it up again. Paul and so. I i think your view is that powell wants to guide financial markets. Which you're talking about. That's you know where the concern is that that on tapering. Well before he actually has to do it And this would be unlike what happened in two thousand thirteen. I feel like powell actually went out there and was hawkish on the fed meeting a month ago and has done everything he can. Reverse off of that stance. Why why is he's trying to sound more dovish. It seems to me after establishing the beginning of that trend. You're looking for. I think he's established they're going to be tapering by the end of this year and will be making the announcement probably a jackson hole or sometime around that time and they will start it in the first part of the year. I think he wants the exact opposite of what happened in two thousand and thirteen because he was caught on the wrong side of that trey and he wants the market to have fully discounted tapering before it starts and i think he started that process with the last. Fomc meeting and the market has been incredibly friendly. They since then so he wants tapering when it happens to be a not a bit. If he wanted to lean against the economy it wouldn't be with respect to tapering. It would be raising more questions if you will about the transitory inflation faces and he categorically. Watch not doing that. Separate the whole issue of tapering. Which i think he's got a great handle on. The market has fully discounted. It's going to happen six months or so from now and the real issue is on the inflation side of things So i i think you need to look at an in two different wage. I think it's well said paul and we'll leave it there. I think that chairman powell wants to be the most men in the room with to the fed chair. Maybe that's a good thing boring but important. Paul mccully always a pleasure. Our friend thank you very much dan. let's let's trade this. Listen i think paul brings up a good point twenty thirteen. Let's not forget what happened. Ben bernanke he just basically came out and said we're gonna start cutting on purchases that caused the taper tantrum that are long-term viewers remember very well to stock market. Didn't react a lot. The bond yields did. I think paul's point tell us if you agree or disagree. He is trying to beat us over the head so much this that when it finally occurs. No one's even gonna blink. Can he pull that off. I think tim is trying to get at was that the fed chair has been clear as mud if you will over the last couple of months here it. It hasn't actually been that clear that they are going to taper in q four and it's not clear to me that that's all counted. Now you can say if that was the case then that maybe rates are where they should be. If it's discounted. But i go back to when we started tapering in fourteen or fifteen or whatever it just took a long time for those numbers to come down dramatically and it came a long time that we got off observe. So i think there's going to continue to be fits and starts here. I will say this. The fear that this medically induced coma as paul just mentioned that we have the last year the fact that we think that. There's just gonna be these inherent inflation that's just gonna stick and so i just don't understand where the last twenty years there's any evidence that that's going to happen and i go back to. What guy started out saying by the deflationary factors that have been playing because of technology. So seeping every industry. So i suspect that in a year. So we're gonna have these supply constraints in these bottlenecks is j. pal calls them fixed and we're gonna get back to worrying about inflation not being high enough. We'll see listen. Lumber did that spike. And now down here today. I mean maybe the chairman is relying on other things like used car price doing the same thing all right. Let's move on. We have got a big interview coming your way tomorrow on. Cnbc don't miss the exclusive. Sit down with treasury secretary. Janet yellen tomorrow four. Pm eastern time. That's a big one right here on cnbc..

powell Dan cajon paul mccully fed tim paul paul tim chairman powell Paul mccully henrik Fomc trey joe google Paul jackson Ben bernanke dan coma Janet yellen
"powell" Discussed on Overtime with Paul Carcaterra

Overtime with Paul Carcaterra

03:41 min | 4 months ago

"powell" Discussed on Overtime with Paul Carcaterra

"It would be hard to find top five all time list without his name on it number. Twenty two took the syracuse jersey from a couple of legends before him he cemented his own legacy a legacy in which gave the lacrosse world of family of players who played the game with relentless toughness style amd creativity. Casey powell has done it all a national champion time all american multiple player of the year award all pro and mvp's pro indoor and outdoor lacrosse in a world champion in international play with team usa. But he's more. He's an ambassador of the game teacher.

Casey powell Twenty two syracuse top five legends usa lacrosse mvp american
"powell" Discussed on How I Built This

How I Built This

05:25 min | 10 months ago

"powell" Discussed on How I Built This

"Hey everyone and welcome to how. I built this resilience edition from npr on. These episodes were hearing from entrepreneurs and other business leaders about how they've been building resilience into their businesses during this very challenging time today. We're going to hear. From emily powell. She's the owner and president of powell's books powell's is based in portland oregon and it's one of the largest family owned independent booksellers in the world. Emily is the third generation owner of powell's books and she knew early on that she wanted to take over the business. Her grandfather's started in nineteen seventy. My grandfather used to drive really beat up chevy truck and i thought it was the coolest thing to go riding his pickup truck. It was the first company car had the powell's logo on the side. And i would say you know the age of three or five. When i grow up. I wanna drive the bookie truck. That was my grand aspiration to drive his pickup truck. So yeah i had a pretty good sense from an early age. When you grow up in a place it's magical powell's was big early and fast. I don't know anyone who would have turned that down. I think is an opportunity. It's pretty pretty wonderful. I also read something that you said that you don't think that powell's would have survived or thrived anywhere else except for portland. Why what do you think so. Well a couple of reasons. You know <hes>. My father was always really involved in the city community in our politics and the streetcar that runs through downtown portland. He was a port commissioner. So we talked a lot around the dinner table about what makes a city work. What makes the city and vibrant and portland's on a lot of things right since the seventies they've been very deliberate about how they plan the city and how it might look in your two thousand or in this case twenty twenty. There aren't a lot of cities that have the same makeup that allow for that kind of vibrant downtown pedestrian environment. So we say to be successful. We need nine. Am to nine pm and pedestrian traffic. Not a lot of cities have that they have portions of that but we have it in spades and then we have our weird. You know at this point. Everyone knows portland is is a little weird. It's a little different. We have a very vibrant arts and literary culture here which i think we've helped participate and contribute to grow. I think this is a city that believes it has to support itself in order to keep going and that's allowed us to survive. I think other cities may be missed that point casually so again for anyone who's been portland. You probably have gone to powell's because it's also tourist attraction because it's such a huge well known landmark in the city and i imagine that you know. Starting in march february march april when started to become clear that that this covert thing was real. We can't walk me through what what was going on at at the store. And what you you start to notice. Well it's easy to forget at this point. In the year that oregon actually had one of the first cases in the united states we were tracking the virus pretty early. I remember being in february. And maybe we want to stock up on soup or something you know thinking about it. We were watching it. We were talking about it. And our management team and friday. The thirteenth was when things started to serve grow in the portland area. We were hearing from customers. We were hearing from employees but more importantly we were thinking. Oh would this isn't going in a good direction. So on sunday of that weekend we had been talking as it management team on the phone most of the weekend and the county libraries closed and we are so large and as such a safe interior space in march in oregon that a lot of people look for places for shelter and so the folks who might have spent their afternoons in the library came to powell's which is great except that now we had a lot more people in the store would have and sunday eleven. Am we made the decision. Maybe it was even earlier. We have to close right now. This is starting to feel unsafe no matter what. We cannot participate and spreading this virus in our community. The governor hadn't moved yet to close a stay on. I think a lot of folks thought we were responding to a but no we felt really the compulsion that we need to do what we have to to protect portland and so we shut down in the middle of the day moved everyone out of the store and then unfortunately laid off most of our employees within twenty four hours. Because if people aren't buying books we don't have the ability to keep operating so you shut the store down entirely. I mean because this is totally unprecedented. You probably didn't have a plan for what to do. i mean the answer is just. Let's just shut down but it wasn't like let's shut down a move online right. I mean you didn't. We have ecommerce business. Which is successful. But in the moment we fully expected that the governor was going to require all non essential businesses to shut down and for us that meant our warehouse that operates powells dot com so we laid off <unk>. Quite of number of employees in large part. Because we expected we were going to zero. We expected we were turning all the lights off. We would not be shipping anything out. But i was in touch with her team and they said no. We want you to keep you know your internet business going. We want as many people employed as we possibly can have on health insurance during this time. And i said okay. We can do that so we pivoted as quickly as we could to bring some people back not knowing if we'd have any business to pay them but we had a pretty big spike in orders within the first couple weeks of the shutdown in march and that allowed us to kind of plow through the first month or two before we could get

portland powell
"powell" Discussed on How I Built This

How I Built This

02:08 min | 10 months ago

"powell" Discussed on How I Built This

"We're going to hear. From emily powell. She's the owner and president of powell's books powell's is based in portland oregon and it's one of the largest family owned independent booksellers in the world. Emily is the third generation owner of powell's books and she knew early on that she wanted to take over the business. Her grandfather's started in nineteen seventy. My grandfather used to drive really beat up chevy truck and i thought it was the coolest thing to go riding his pickup truck. It was the first company car had the powell's logo on the side. And i would say you know the age of three or five. When i grow up. I wanna drive the bookie truck. That was my grand aspiration to drive his pickup truck. So yeah i had a pretty good sense from an early age. When you grow up in a place it's magical powell's was big early and fast. I don't know anyone who would have turned that down. I think is an opportunity. It's pretty pretty wonderful. I also read something that you said that you don't think that powell's would have survived or thrived anywhere else except for portland. Why what do you think so. Well a couple of reasons. You know <hes>. My father was always really involved in the city community in our politics and the streetcar that runs through downtown portland. He was a port commissioner. So we talked a lot around the dinner table about what makes a city work. What makes the city and vibrant and portland's on a lot of things right since the seventies they've been very deliberate about how they plan the city and how it might look in your two thousand or in this case twenty twenty. There aren't a lot of cities that have the same makeup that allow for that kind of vibrant downtown pedestrian environment. So we say to be successful. We need nine. Am to nine pm and pedestrian traffic. Not a lot of cities have that they have portions of that but we have it in spades and then we have our weird. You know at this point. Everyone knows portland is is a little weird. It's a little different. We have a very vibrant arts and literary culture here which i think we've helped participate and contribute to grow. I think this is a city that believes it has to support itself in order to keep going and that's allowed us to survive. I think other cities may be missed that point casually

powell emily powell portland Emily oregon
"powell" Discussed on Thoroughbred Racing Radio Network

Thoroughbred Racing Radio Network

03:41 min | 1 year ago

"powell" Discussed on Thoroughbred Racing Radio Network

"Rebecca, the races Well. I just looked at just saw something somebody responded on twitter, the one those pictures I up at I. Not only put up that little roulette wheel I showed another example of the of the the difficulty here. and. I knew that this would be provocative the. My name tag from when I worked at KALDOR. And you gotta be from the Northeast. To appreciate Kaldor. A mass with with what's known as a mass merchant and but it was very regional and they're from Norwalk Connecticut, husband, and wife. Callan Dolores, and that's the in the door kaldor. Yeah Of like EJ corvettes. The the little living. But I worked at Kaldor and I I've got the name tag and I, can't you know I can't bring myself to the throw away when I it's it's it's the funniest thing. So. I. I may put it in everybody's hands. Somebody did have a good suggestion who was at the somebody suggestions said. Take the picture just take pictures of this stuff, and then you'll you know you'll have that as the. As the digital representation. And that can but? I don't know. It's it's still. See Tina every time I go out of town. This is this is why I feared leaving for you know for any events. because she throws stuff out and then. You know she. She waits and watches and to see if I've noticed. You know that tells me you know months later you know I say honey have you seen X. she says. Oh. No I threw that out. She said, what do you mean? You threw it out. As well, you didn't notice till now. So obviously, it couldn't have been that important but. See. This is this is. Is. Is I I a lot of you not in your head? The. Jake Powell might be not Dick Immortal? You couldn't see me not in my head, but you could hear me. Did that's yes that's right. Rattling around here but. Might. Might I gotta give a credit. My wife is very good. Now, I might not find. What I had, but it doesn't get thrown out it might get. Rearranged where else? Not, not be told where it was put or anything else like that but She she doesn't fall out things because I'm a pack rat and somebody's things. Do have important to me me and only nobody else just me. I have I have on a DOORKNOB here right here. Literally, every. LANYARD and badge. To. For Twenty, five years from all these conferences. Events I've been mandated that the door is gonNA come off the edge you can't even help the. The door to a closet, but I don't use. But I just I just pile them up there. and. Then I used to use them because every once in a while. You know like not not necessarily resume but something and you want to list all events you still at so it was a it was a fresh wave. Oh Yeah. I forgot about that one. You know 'cause you looking at the badge and stuff but. Once again, why.

Kaldor Dick Immortal Callan Dolores twitter Rebecca Norwalk Connecticut Jake Powell Tina
"powell" Discussed on Scouting Radio on Demand

Scouting Radio on Demand

05:41 min | 1 year ago

"powell" Discussed on Scouting Radio on Demand

"I site of specifics about bp and specific individuals. What can you say biking position in the larger system of his time imperialism colo near segregation and the lasting impact. These also. why did it take so long between his passing on erection of the statue in pool. Well let's let's address the the last question. Why did take so long for the erection of statue employed. I guess it was just too ties in the nation. Paul to mark the or percent. Of course the have been a much earlier than that. A statue of bpm brown's yellow and it sells and there's been a very large granite statue of him outside bathing powerhouse in london. There was nothing actually poo and the local scouts authorities in. Let's make let's try and raise some money. Erect a statue to send to you. You've scouting and i think just in the scouts association some people would say quite rightly of always trying to concentrate spending on providing program. Full the youngsters of that day Guy props that way. The kicking order Such as the statue info was mainly the work of one scout but contributed the whole community. But if if our listed the in is using the words statue as a means of saying well Why did he take a long biden. Powell's fame to result in something a note some form of commemoration. I'll just like survey. Perhaps biden powell other than royals of whatever nation is the most featured man on the postage stamps of the wo- perhaps he wasn't always in in a piece of rock but he's fame..

bpm brown Paul london biden powell biden Powell
"powell" Discussed on Scouting Radio on Demand

Scouting Radio on Demand

03:48 min | 1 year ago

"powell" Discussed on Scouting Radio on Demand

"It didn't really make even inglis media. It didn't make any ours but may media in portable where a local skype who had a statue of beta powell was beheaded in portugal. Three days to a week afterwards which we just think is absolutely disgraceful. Now we want to also tell our listeners. Karuna badges who supply station radio with our schedule may do badge. They have made about on. Bayden powell stuff too. Old proceeds will go towards rebuilding that statue which was funded by a local skype in portugal. Again we were trying to get our hands on someone to speak from skates association of porterville on forty due to time constraints. We weren't able to get anyone on hopefully in the future. We will but this just sells the message. This statue toppling has taken a global effect. We had one person as santos. Email pre this webinar. To say what's the status of the statues dots are being. Well i guess in the stopping paul hayes and the stature dot. Google been affected at all irish as far as i know..

Bayden powell skype portugal inglis Karuna skates association of portervi powell santos paul hayes Google
"powell" Discussed on Thoroughbred Racing Radio Network

Thoroughbred Racing Radio Network

01:52 min | 1 year ago

"powell" Discussed on Thoroughbred Racing Radio Network

"Help us pay homage to the first Saturday in. May and instead we'll have a September to remember Nice Nice. Nice pivot Darren thanks for the update. And as you know as the news and and as things Firm up we'll check back with you here in late spring and into the early summer It seems like You know seems like we really are getting rebooted here In short order so well done and thanks the U. And and everybody else staff and we'll look forward to that condition book hidden hitting Equa base and I'm sure owners horsemen can't wait to get started and Certainly players not that we'RE TIRED OF OF OF TAMPA GULFSTREAM LOCAL. On will rogers downs. But it'll it'll be nice to have churchill back on the menu say the Nita then. Belmont and horse racing setting an example really for you know for entertainment and Sports Industries Everywhere Well Don thanks thank you. So much. Steve Darren Rogers Everybody Derby media on your twitter machine and we might as well stay here because I have no reason to step away when I know that We got Steve asking and Lenny showman standing by and this is this has been a bit of a a vine divine morning we really from Pat McKenna to Semantic capping with Nick. Tamra Dick Powell out in Hong Kong and now The in Rogers providing the update and a welcome back Steve asking and say Good Morning. So Lenny Shonen who's he?.

Steve Darren Rogers Lenny Shonen Tamra Dick Powell Rogers Pat McKenna TAMPA Hong Kong churchill twitter Belmont Nick
"powell" Discussed on Scene Of the Crime

Scene Of the Crime

07:53 min | 1 year ago

"powell" Discussed on Scene Of the Crime

"The worst. I'm Carolina Soriano with Kim Shepard and this is the scene of the crime. and. What A for Riddick? Crime! It is and not just one but a series of crimes. It started way back before Josh was even born. This case goes back. Generations and I'm sure as well here in your story, Carolyn. Josh Powell didn't come out of some immaculate home. There is a lot of family history there of criminal activity of depraved behavior, and it's really sad, because not that I feel sorry for Josh at all. Believe me, but it's almost like. Where did it start? You have to wonder. Did it start with Josh's father or Josh? His father's father or his father's? You know. How far back how many generations could this have gone? It just makes you wonder so okay. Sorry, I'm so glad that you want to start at the beginning because you know what I basically sunk my teeth into this story and I want to start at the beginning the whirlwind romance of Susan Cox. Cox and Josh Powell began at a dinner party. A Church of Jesus Christ of latter, Day Saints Mixer. If you well, and it was hosted by then twenty four year old Josh Powell at his apartment in Tacoma, Washington it was the year two thousand, a new millennium, and Love was in the air that night, nineteen year, old Susan Cox fell head over heels for Josh Ironic. That Josh was having an lds get together considering what would come later that he would like his father totally reject his faith, but Kim file that away it won't be the first irony, nor will it be the last in this tale of? It's pure evil basically. But back, then Susan was walking on air. I mean you know what that's like. When you're in a new relationship, you're so excited every moment that she didn't spend beauty school or at her part time retail jobs. She spent Joshua's place and in less than two months after Josh had that party, he and Susan were engaged. Susan's family wasn't too happy about the relationship. They encouraged her to wait, but Susan had made up her mind. She loved Josh and wanted to spend the rest of her life with him, and on the surface, the Cox and Powell families appeared to have a lot in common both were big families, lots of kids, and they were both Mormon families, but what Susan didn't know, was that Josh had a dark side, and so did his family Stephen Erica, those are Joshua's parents were members of the Church of Jesus Christ of Latter, Day saints or lds when they got married. But during their marriage, Steve soured on the idea of religion, and he began to openly mock teric for her beliefs in front of the children. This caused not only friction in their growing family. It was just downright toxic as battles of a religion how to raise. The children were waged in the Powell home. Now the Church of Jesus Christ of Latter Day saints was something Sacred Erica, but it wasn't just the religion. Steve flat out, refused to have boundaries with their five kids, and he was emotionally abusive terracotta and there was the pornography. According to tariffs fight divorce filings in one, thousand, nine, hundred, ninety, two Steve, had an obsessive interest in pornography which she alleged he shared with their three sons, wasn't there some discussion that he had a belief that basically people are animals, and so we should be able to you know have relations at any time with any one in an animalistic way I mean. He really didn't see boundaries. When it comes to came to age. Let's say or species from what I understand. He kind of thought you could do whatever you wanted. And that like the conflict that happened with his wife. Erica, who wanted to just have this? Happy family and being their religion with their church, and he just didn't want any of that. and teaching your kids to openly mock their mother, I mean it's just like not only. Is it sad for Terek? But it's really it's really sad for the kids know. I'm absolutely it. It's it's just like a lot of domestic abuse, and this seems like what this case it's. It's not physical. In this case, it's mental. It's the mental the belittling and And so that's an important note to keep in mind as you talked about Kim with the history of this case in when did it begin so talking about Steve's actions in his court filings, he claimed that terrassa with into herbs and natural healing and mixed news mysticism with mormonism and practice quote, witchcraft and devil worship, so it's a real twisting of you I'm sure she was just into like herbs right and then he liked. Turns it into this whole like weird weird thing. Yeah, like she just takes Saint, John's wart or something. Her mood and all of a sudden. She's a witch. Yes, she's like this lady exactly so so basically in those same court documents, they also revealed that Josh was an extremely troubled teen. He allegedly killed his sister's gerbils threatened his mother with a butcher knife when she asked him to be more respectful and that Josh was following his father's footsteps when it came to contempt for women and authority. Now it is, we should note here that that that as a team, Josh also attempted to commit suicide well, I think clearly shows that he knew that there was something wrong with his home life and was trying to escape it. Yeah, exactly. But none of this was on display during Susan. Joshua's courtship and you didn't tell her before they got engaged. Guess what? I'm sure he I. Don't know all the research that I did. I don't know how much of his history that he shared with Susan. I believe that you know he would want to keep that under wraps. Shared a lot of with her at some point, because that he had written letters to his high school, girlfriend or college girlfriend before he met. Susan must've high school girlfriend. Where he did talk about his feelings and his home life and his family relationships, so he he did disclose some of this to other females, so one could assume that he would share it with his wife well, it wasn't enough to stop her from getting married to him and in two thousand, and maybe it was maybe it was later, too. Yeah, it wasn't a after they got married. Because I think at that time he was really trying to you know he was hosting these LDS parties he was. You know he hadn't rejected the church yet. He was very much like wanted to get on. The straight narrow wanted to to have a good relationship, and so Susan and Josh tied the Knot in an LDS church in two thousand and one. But from the beginning of their marriage John Shot issues holding down a job despite having a bachelor's degree in business from U. DUB and being a computer whiz, something always came up which put a strain on their finances and their relationship throughout their marriage, and here's another irony Josh was so controlling over Susan's money, nitpicking everything she spent money.

Josh Susan Cox Josh Powell Josh Ironic Steve Kim Shepard Joshua lds Stephen Erica Church of Jesus Christ of Latt Riddick Carolyn Carolina Soriano John Shot Terek Tacoma Saint U. DUB Love
"powell" Discussed on Whores Talk Horror

Whores Talk Horror

04:41 min | 2 years ago

"powell" Discussed on Whores Talk Horror

"I'm only about five episodes in but it goes into much much much much more detail about the case it starts from back at the beginning of steven powell growing up and documents documents <hes> some of the stories of the way he was raised in his parents and how they treated him and his siblings <hes> which kind of explains why he became pretty fucked up and then fucked up his own kids. There's also actual audio of josh powell all recording some of his thoughts and stories on a audio diary and i'm not really sure sure why stephen paul and josh powell who are too disgusting despicable horrible people decided that they we're going to make video and audio recordings of their own horrible thoughts and feelings and if you wanna wanna know more about the story just listened to the cold podcast so far. I'm really really enjoying. It and i don't care what anyone says. I one hundred hundred percent believe that josh powell was guilty of murdering his wife and if you listen to some of this evidence that that basically he recorded in his journals you it becomes even more clear to me now that he was guilty and you also hear testimony money from previous girlfriends about some of the shit he did with them stalking them and abusing them mentally and it just it all comes together full circle so i highly recommend listening to the cold podcast. I will say that i did start it and granted. I was at work and so that i had other things was going on but i really knowing the story had to actually stop because i just was like oh god i can't i. I'm not i can't i can't even get into this mindset again because it does go into a lot more detail but also i'm sorry these guys are kind of like the worst criminals ever because his that was my biggest thing through all of this i know that like serial killers or whatever they liked to have trophies or whatnot and clearly steven powell had a bunch of <hes> we'll call him trophies i guess from his daughter-in-law but like record bad shit man what is wrong with you like i that's the part that blows my mind. They had they basically gave the evidence over to exactly like it was all right. There and i think that's the narcissistic parts of them thinking that they're above the law. They're too smart for the cops. They're never gonna get caught so i i kind of think they needed this release to get things off their chest so that they can actually live with themselves. Release valve valve. If you you want your but yeah if you <hes> you know they had to be able to look at themselves in the mirror everyday and they had to be able to live with themselves and i think maybe justifying some of the reasons why they did these. Things made it easier for them to do that. Because what other reason would you have have to make video diaries of these disgusting things that they would do in think in their beliefs and it was just so i yeah i really really recommend listening to this podcast and i just wanna get into <hes> so some things that i looked up after watching the documentary because i was kind of dumbfounded at the act that they never arrested him because i you really really followed the scott peterson case that was a thing and basically they were able to convict him on purely early circumstantial evidence even though they did eventually find the body there is already so many signs pointing to him being the one who was responsible for the disappearance of his wife and unborn son <hes> some of the things that i found in my research i believe most of this is from wikipedia and a few other sites which i want to give credit where credit's due did not make note of where exactly i found this inflammation there so much though seriously like are so much on the web. I found it on the web..

steven powell josh powell scott peterson stephen paul stalking wikipedia one hundred hundred percent
"powell" Discussed on Whores Talk Horror

Whores Talk Horror

03:11 min | 2 years ago

"powell" Discussed on Whores Talk Horror

"Due to the time and and they've been there and the elements exposure etc etc cetera shortly after police get a new tip from a man requesting a satellite image of a salvage yard where his car had supposedly been towed owed. The man wanted to quote determine whether his car had been destroyed. The collar dumped him dumb michael powell. Josh's brother are recognizing the name powell detective reached out to the utah team with this info unfortunately michael's whereabouts were unaccounted for during during the time frame that susan went missing however michael sold his car which was in relatively good shape with salvage yard for parts for a one hundred dollars and it depends on the oxygen special. They said that he sold the car for five hundred dollars but then the other special side one hundred regardless. It seemed like the car was not in a position to be sold based on its condition but <hes> it was sold around the time of his disappearance detectives found the car or to still be at the salvage yard and when they brought cadaver dogs in the doug zeroed in on michael powell's car immediately leading police to believe that the car had at one time time transported a decomposing body the car was then brought back to utah for further processing. The police theorize that mike helped josh josh relocates isn't remains after she'd been killed than sold off the car to the salvage yard thinking it would be destroyed so meanwhile chuck cox <hes> <hes> who is again <hes> susan's dad decided to look into what information you find out about <hes> the powell's divorce mike and joshua's parents and he found documentation showing early psychotic behavior on josh and really stevens parts stephen often encourage josh so again this is steven powell josh's dad their dad would encourage josh and his brother to kick their mother and act out. My dad never encouraged me to kick my mother just funds but apparently that was a thing in the powerhouse. There's even documentation that josh killed his sister's throughs gerbil as a child and susan powell's father obviously believes josh was true cycle in which i kinda can't really disagree with at this point on trial was held to determine who gained custody of the tea of josh's two children. Susan parents were fighting to keep the kids away from josh because they thought he was a danger to them. Before the trial more of his hard-driving krypton had been deciphered revealing that leykis his father josh also had a good old porn obsession he had hard drives that contained cartoon porn apparently currently very graphic kerr tune porn lots of it totally normal totally normal. The judge ruled that josh children were unsafe in josh's josh's custody and awarded temporary custody. The cox family susan's family..

Josh josh josh susan powell michael powell steven powell josh powell utah cox chuck cox mike joshua stevens five hundred dollars one hundred dollars
"powell" Discussed on RobinLynne

RobinLynne

05:54 min | 3 years ago

"powell" Discussed on RobinLynne

"Powell thing on love and still sense two some say pray say now getting got a with my momma is the same thing looking into things willing to the life channel the rim i sing i may not be the darkest brother to act my age without a.

Powell
"powell" Discussed on RobinLynne

RobinLynne

04:00 min | 3 years ago

"powell" Discussed on RobinLynne

"Powell destroy any as a communication i bring a high stand it carlotti of you would be no pain to alleviate please thanks to solely done aw with the past something you walked twist think about you think love is not yes bobby baby kush.

Powell
"powell" Discussed on VIBES-LIVE

VIBES-LIVE

02:14 min | 4 years ago

"powell" Discussed on VIBES-LIVE

"Powell he'll be you're bringing back down no no you will be mm when you the may when you then stay king please yogi oh oh.

Powell
"powell" Discussed on RobinLynne

RobinLynne

02:14 min | 4 years ago

"powell" Discussed on RobinLynne

"Powell he'll be you're bringing back down no no you will be mm when you the may when you then stay king please yogi oh oh.

Powell
"powell" Discussed on Allegedly NYC

Allegedly NYC

01:50 min | 4 years ago

"powell" Discussed on Allegedly NYC

"Powell's with that broken down these the effort we need to build these days with gerrard as god thirdly been we must now two friday super reds three two down fine gene bye bye james gunn the japanese neighboring states three the number is luke as soon as both the the reform the the uk is darren criss jim roope from reigned at zero not too fine find eighty june five and by two.

Powell gerrard uk jim roope james gunn
"powell" Discussed on The Young Turks

The Young Turks

01:33 min | 4 years ago

"powell" Discussed on The Young Turks

"The comedian aka role and powell sat down with the breakfast club a new yorkbased variety talk show known for its edgy sometimes profane interviews with celebrities hip hop artist and the occasional politician he said i'm just doing my thing shout out to all the trannies out there now look it was it was a lengthy conversation so there i'm i'm picking the the most relevant parts but you should listen to the whole thing will include a lincoln the description box below he continues to say um actually one of the host asked him what he would do if he started dating in having sex with a woman and found out later in the relationship that she was a transgender woman he replied with a this might sound messed up but i don't care she dying uh i can't deal with that no you manipulated me to believe in this thing my mind i'm gain now so um you know he's responding to uh being lied to by a transgender individual and just essentially says that he would want to kill that person he continues to say i can't live with that bro this would never happen if this never happened so you don't have to worry about me killing nobody so centrally he saying well i mean it's unlikely that this never happens so don't worry i'm not gonna kill anyone but he did get some pushback from uh the hosts of the show they said no you can't kill her i mean it's that's a hate crime but i do wanna know that everyone was laughing and and you know kind of making light of these comments okay.

powell