Podcasts about Global

Dr. Robert Latkany (New York, NY), Ophthalmologist, author of The Dry Eye Remedy, discusses the dry eye crisis facing people worldwide. Second guest, Art Bernstein (Gold Hill, OR), naturalist and author, discusses global warming from a non-political perspective.

Geoengineering Watch Global Alert News, May 14, 2022, #353 (Dane Wigington)

1 Sam 17:1-18:4, John 8:21-30, Ps 111:1-10, Pr 15:11

Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine RHAP's Global Survivor host Shannon Guss chats to Australian Survivor's princess Nina Twine about Do or Die, the episode's many fascinating plans, idol stealing, trap door exits, a live Chissy and more.  Follow your host @ShannonGaitz as well as @RobHasaPodcast and get in on […] The post Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine appeared first on RobHasAwebsite.com.

Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine RHAP's Global Survivor host Shannon Guss chats to Australian Survivor's princess Nina Twine about Do or Die, the episode's many fascinating plans, idol stealing, trap door exits, a live Chissy and more.  Follow your host @ShannonGaitz as well as @RobHasaPodcast and get in on […] The post Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine appeared first on RobHasAwebsite.com.

Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine RHAP's Global Survivor host Shannon Guss chats to Australian Survivor's princess Nina Twine about Do or Die, the episode's many fascinating plans, idol stealing, trap door exits, a live Chissy and more.  Follow your host @ShannonGaitz as well as @RobHasaPodcast and get in on […] The post Survivor Global | Survivor 42 Episode 11 Recap | Nina Twine appeared first on RobHasAwebsite.com.

Global strategies are now proving the importance of the far North. Selfish intentions are always involved in decisions. Have humans been upgraded? Is that divine or man made? Bacteria talks as every cell is in symbiosis. The judges always find something wrong. Life support for red stringers. Very small pockets of people actually get things done. Satisfied comfortable slaves cannot fathom a lack of structure. The sheeple aren't going anywhere. Arctic power plants and under the ice bases. Energy security heads North. Greenland energy, Estonia tech, and the heart of cyber security development. Quantum tech isn't new. All nations have been the subject of tests. The WHO already gives advice to the world. Even when every chip is stacked against us, ours remains a civilized revolution. Remember, it's up to we the people to take back our nation. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 Sam 15:1-16:23, John 8:1-20, Ps 110:1-7, Pr 15:8-10

Community Prayer and Encouragement

Psalm 32, Psalm 51, Psalm 86, Psalm 122

1 Sam 15:1-16:23, John 8:1-20, Ps 110:1-7, Pr 15:8-10

Psalms 110:1-7

Before the pandemic, many Latin American governments thought blockchain-based property was a scam but nowadays crypto and NFTs are beginning to look like a doorway to opportunity for the region. Jeff Kelley, Eathan Janney, and Josh Kriger sit with Anton Glotser of DelNorte Terravision. Anton shares how he diligently tried for years to educate politicians about crypto real estate and to create the right blockchain real estate business with the right partners. The pandemic created many 2nd, 3rd and even higher order effects that nobody would have dreamed of, not lease of which is increased awareness of the value of digitalized real estate. With this greater awareness, DelNorte was bound to take off. Anton explained how an initial focus on smaller deals made it feasible to transform the economies of multiple countries. James Fink & Jeannine Penn of Kinder Hearts also come in to share the massive impact they create with art and cryptocurrency. Don't miss this episode!

•Se aprobaron recursos por más de 2 mil millones de pesos para la presa Libertad•Mejoramiento del salario de los maestros•Más información en nuestro podcast

Arturo Herrera, fue nombrado por el Banco Mundial como director global de GobiernoDel 20 de mayo y hasta el 5 de junio, será la Feria Nacional del Queso y el Vino en QuerétaroLas acciones de Twitter cayeron

Natural gas may be marginalized as domestic industries fall back on reliable coal, experts say.Read the article by Zhao Xuan, Luo Guoping, Chen Xuewan, and Manyun Zou: https://www.caixinglobal.com/2022-05-05/in-depth-how-the-war-in-ukraine-is-rattling-chinas-energy-transition-101880786.htmlNarrated by Sarah Kutulakos.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tom welcomes back Richard Duncan to the show. Richard is a macroeconomist and the author of four books on the global economic crisis including his most recent "The Money Revolution". He started writing his new book at the beginning of 2018 and it was nearly complete but then the pandemic started. Global events necessitated a pause in writing the book to see how things would play out. In total Richard took four years to write it. The book discusses the history of money and credit and the lessons that can be learned from the history of the Federal Reserve. Everyone must understand how the Fed functions because it's likely the most important corporation in the world. It determines globally what happens to markets and economies. The book discusses the total credit of the United States which includes all debt by all entities. In 1974 that was one trillion by 2008 we were at 50 trillion. Today we're over 90 trillion dollars and this has fundamentally changed the nature of our economic system. Our economic system today should be called creditism because the system today no longer utilizes capital savings. We are addicted to credit growth. Whenever credit contracts we enter a recession or depression economically. The book discusses the causes of inflation and deflation. It reveals that in recent decades changes in the money supply haven't impacted inflation that much. The key has been globalization which has been highly deflationary. Inflation is not just a monetary phenomenon as it is often affected by surprise supply shocks like Russia's invasion of Ukraine. He dives deeply into explaining a possible way out of our current economic quagmire. By leveraging growth via funding improvements in technology, research, and manufacturing. Talking Points From This Episode Overview of his latest book.Departing the gold standard and the rise of creditism.Why inflation is not always a monetary phenomenon.Fixing the future by researching and improving technology. Time Stamp References:0:00 - Introduction1:00 - Book Overview9:00 - Credit-ism10:53 - Solutions12:00 - Globalization & Deflation24:00 - Fixing The Future27:33 - Dollar Scenarios30:00 - Growth & Innovation31:20 - Investment Programs38:00 - Government Action?41:30 - Incentivizing45:40 - Energy & Environment48:40 - Manufacturing & Tech.51:20 - His Book & Macrowatch55:55 - Wrap Up Guest Links:Website: http://www.richardduncaneconomics.com/Twitter: https://twitter.com/PaperMoneyEconBook: https://richardduncaneconomics.com/the-money-revolution/#order-window Newsletter Offer:https://richardduncaneconomics.comHit subscribe and enter coupon code 'Value' For a 50% discount. Richard Duncan is the author of four books analyzing the causes and the effects of the economic crises that have brought the global economy to the brink of collapse during recent decades. The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated 2005), predicted the global economic disaster that began in 2008 with extraordinary accuracy. It was an international bestseller. The Corruption of Capitalism: A strategy to re-balance the global economy and restore sustainable growth (CLSA Books, 2009) described the long series of US policy mistakes responsible for the Crisis of 2008. The New Depression: The Breakdown Of The Paper Money Economy (John Wiley & Sons, 2012) introduced an important new analytical framework, The Quantity Theory of Credit, that explained all aspects of the global economic crisis that began in 2008: its causes, the rationale for the government's policy response to the crisis, and likely future developments. His latest book is The Money Revolution: How to Finance the Next American Century (John Wiley & Sons, 2022). The first two parts of the book describe the evolution of Money and Credit over the last century. These include a detailed history of the Federal Reserve since its establishment in 1913 and a discussion of the transformation of our econ...

The solution to globalism is localism. I discuss the need to get the primary election right and focus on the right offices, with the right people and the right issues. We're joined by Dr. Kat Lindley, a primary care doctor in Texas who has been warning us about the global pandemic treaty. She discusses the details of the new international health regulations being pushed by the Biden administration that would effectively vitiate our bodily autonomy. We discuss how to push liberty and health freedom at the local level and divorce ourselves from the medical cartel. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gates Admits Del Was Right!; FDA Limits J&J's Shot Over Risk; Rand Roasts HHS Head Over ‘Disinfo' Board; FDA Fails in New ICAN Legal UpdateGuests: Robert Malone, MD, Richard Urso, MD, Ryan Cole, MD#GlobalCovidSummit #GCS

In this podcast, Samir Saran chats with Kushal about "The Changing Global Landscape" in light of the recently concluded Raisina Dialogue 2022. How has COVID 19 and the ongoing Russian Ukraine crisis impacted the world? How does social media affect global power structures? Follow Abhijit: Twitter: @samirsaran Twitter: @orfonline Youtube: https://www.youtube.com/c/ORFDelhi #Raisina2022 #RussiaUkraineCrisis #Liberalism ------------------------------------------------------------ Listen to the podcasts on: SoundCloud: https://soundcloud.com/kushal-mehra-99891819 Spotify: https://open.spotify.com/show/1rVcDV3upgVurMVW1wwoBp Apple Podcasts: https://podcasts.apple.com/us/podcast/the-c%C4%81rv%C4%81ka-podcast/id1445348369 Stitcher: https://www.stitcher.com/show/the-carvaka-podcast ------------------------------------------------------------ Support The Cārvāka Podcast: Become a Member on YouTube: https://www.youtube.com/channel/UCKPxuul6zSLAfKSsm123Vww/join Become a Member on Patreon: https://www.patreon.com/carvaka UPI: kushalmehra@icici To buy The Carvaka Podcast Exclusive Merch please visit: http://kushalmehra.com/shop ------------------------------------------------------------ Follow Kushal: Twitter: https://twitter.com/kushal_mehra?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Facebook: https://www.facebook.com/KushalMehraOfficial/? Instagram: https://www.instagram.com/thecarvakapodcast/?hl=en Koo: https://www.kooapp.com/profile/kushal_mehra Inquiries: https://kushalmehra.com/ Feedback: kushalmehra81@gmail.com

Meanwhile back in Ybor City @AFuenteCigars #cigars Co hosts : Good ol Boy Drew, Good ol Boy Barger, Good ol Boy Justin, and Good ol Boy Mike SMOKES Episode – A takeover episode featuring Arturo Fuente cigars. This is a great lineup to start your cigar journey. It features such a wide range of flavors and size, everyone will find something they will love. So much interesting history around this company that you can actually feel in the cigar in hand. Did you know this brand was saved out of the Fuente backyard in Ybor City? We smoke and rate the following cigars from 1-3: A Fuentes Chateau SMOKES -2 A Fuentes Double Chateau SMOKES -3 A Fuentes Hemingway 8-5-8 SMOKES -3 A Fuentes Queen B SMOKES -2 A Fuentes Churchill SMOKES -3 A Fuentes Rothschild SMOKES -3 info@sipssudsandsmokes.com @sipssudssmokes Sips, Suds, & Smokes™ is produced by One Tan Hand Productions using the power of beer, whiskey, and golf. Available on Apple & Google Podcasts, PRX, Spotify, Stitcher, Soundcloud, and nearly anywhere you can find a podcast. The easiest way to find this award winning podcast on your phone is ask Alexa, Siri or Google, “Play Podcast , Sips, Suds, & Smokes” Credits: TITLE: Maxwell Swing PERFORMED BY: Texas Gypsies COMPOSED BY: Steven R Curry (BMI) PUBLISHED BY: Alliance AudioSparx (BMI) COURTESY OF: AudioSparx TITLE: Flapperjack PERFORMED BY: Texas Gypsies COMPOSED BY: Steven R Curry (BMI) PUBLISHED BY: Alliance AudioSparx (BMI) COURTESY OF: AudioSparx TITLE: Back Roads PERFORMED BY: Woods & Whitehead COMPOSED BY: Terry Whitehead PUBLISHED BY: Terry Whitehead COURTESY OF: Terry Whitehead Post production services : Pro Podcast Solutions Advertising sales: Global, True Native Media Solutions, PodBean Content hosting services: PRX, NCRA, Radio4All, PodBean, Soundcloud

BRANDON MORENO AL INTERINATO, YAZMIN JAUREGUI A UFC QUÉ PASA EN COMBATE GLOBAL INDISCUTIDO LIVE CHAT by Rodrigo Del Campo

In this edition of #GlobalPrint, ThePrint's Senior Consulting Editor Jyoti Malhotra talks about the severe economic and political crisis in Sri Lanka, what the future holds for Rajapaksa and how India & China helped the island nation.  ----more---- https://theprint.in/opinion/global-print/rajapaksas-brought-own-ruin-india-knows-it-must-support-sri-lankans-now-not-just-the-govt/950251/ 

In this episode of our Week Ahead series, we'll be looking at the main themes that will drive global markets over the coming week. In the US we have retail sales, many fed speakers to watch and markets attempting to price the combination of higher inflation, but lower growth concerns. In Europe we have the big UK data week with CPI, retail sales and labour markets. European consumer confidence and producer prices to track and the natural gas crisis escalation. We then discuss the lockdowns in China, events in Asia the and current state of Global markets.

In this episode of First Look ETF, Stephanie Stanton @ETFguide examines new ETFs that invest in the global shipping industry (SEA), invest in business disrupters (NBDS) and offer a tactical multi-sector investing approach (TACK). The guest lineup for this episode includes:--Douglas Yones, ChFC, Head of Exchange Traded Products at NYSE--Frank Holmes, CEO and CIO at U.S. Global Investors --Jason Tauber, CFA and Portfolio Manager at Neuberger Berman--Katie Stockton, CMT and Founder at Fairlead Strategies *********First Look ETF is sponsored by the New York Stock Exchange. Learn more at http://www.HomeofETFs.com

Season 3 kicks off with a mini episode welcoming back our host -- James Miller -- and introducing Drs. Angela Brokelsby and Stephanie Krusemark.

Chegou ao seu feed o episódio 273 do Bate-Papo, em que os professores Tanguy Baghdadi e Daniel Sousa comentam os assuntos mais importantes das últimas 24 horas na política internacional e na economia. No episódio de hoje, falamos sobre a pressão inflacionária global causada pela guerra, os planos russos para a região de Kherson, a aproximação entre Finlândia e OTAN, as sanções russa aos europeus, o FBI usando o Pegasus, as insuspeitas mortes de oligarcas russos, e a nova edição dos selos na Polônia. Se você quiser contribuir com o nosso projeto em reais, acesse: https://escute.orelo.audio/petit/apoios Se você vive no exterior: https://www.patreon.com/petitjournal Prefere fazer o Pix? A chave é o e-mail: petitjournal.pj@gmail.com Que tal um PicPay? Link: picpay.me/daniel.henrique.sousa Aos nossos apoiadores, nosso muitíssimo obrigado!

May 12 – FS Insider speaks with Alexander Ineichen at Ineichen Research and Management out of Zug, Switzerland to discuss his most recent report covering global consumer sentiment levels, high... Subscribe to our premium weekday podcasts: https://www.financialsense.com/subscribe

Global Economic Background เอพิโสดนี้ยังคงพูดถึงจุดเริ่มต้นเศรษฐกิจจีน ภายหลังจากช่วงที่มีการปฏิวัติวัฒนธรรมในจีนในยุคเหมาเจ๋อตุง อันนำไปสู่ความเจ็บปวดยาวนานแก่ประเทศจีน แต่หลังจากนั้นจีนก็เริ่มวางโครงสร้างประเทศใหม่ผ่านการใช้นโยบาย Trickle-down effect ในการพัฒนาประเทศ เริ่มต้นวางโครงสร้างพื้นฐาน เช่น อินเตอร์เน็ต และธุรกิจยักษ์ใหญ่ จนในที่สุดสามารถแสดงความยิ่งใหญ่แก่ชาวโลกผ่านการจัดงานโอลิมปิก และขึ้นแท่นเป็นมหาอำนาจยักษ์ใหญ่ทางเศรษฐกิจโลก จากยุคเติ้งเสี่ยวผิงจนถึงปัจจุบัน

Psalms 109:1-31

1 Sam 14:1-52, John 7:31-53, Ps 109:1-31, Pr 15:5-7

John 7:31-53

1 Sam 14:1-52, John 7:31-53, Ps 109:1-31, Pr 15:5-7

2 Samuel 11-12, 1 Chronicles 20

Israel's Killing of a Popular Al Jazeera Journalist Roils the Palestinian Territories | Orban's Hungary is the Lone Holdout as the E.U. Moves to Ban Russia Oil | The U.S. Passes the Grim Milestone of One Million Covid Deaths backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Australia's Great Barrier Reef hit with another mass coral bleaching event; Global warming a key factor in the emergence of new diseases, study confirms; Interior Dept. cancels offshore oil and gas lease sales; PLUS: Arizona and California move to enact more severe drought restrictions... All that and more in today's Green News Report!

Following our special annual In Bloom show and a trip around Europe on the World Tour, Markus Schulz returns home to Miami and to the Coldharbour studios for a fresh session on the Global DJ Broadcast. On the show, he includes the world premiere of NOMADsignal's first ever vocal single, To the Ground; while also showcasing tunes from Vintage Culture, Kyau & Albert, Ben Gold, UMEK, Anske and more. In the second hour, Markus is joined by GXD for the guestmix, celebrating the release of their new vocal trance single, Connected.   Hope you enjoy the show, and that you will also check out the full release of Markus' In Search of Sunrise remix of Christian Burns' wonderful piece, The Magic.   Tracklist:   Markus Schulz 01. Vintage Culture & Goodboys - This Feeling 02. Matt Fax - Canvas 03. Pavel Khvaleev & Avis Vox - Flame [Deeper Shades] 04. Oliver Smith - Snowfall 05. NOMADsignal & Nikol Apatini - To the Ground [World Premiere | In Bloom] 06. Kyau & Albert - Falling Anywhere (David Broaders Remix) [A Moment of Sunrise] 07. Christian Burns - The Magic (Markus Schulz In Search of Sunrise Remix) 08. Fehrplay - Just a Dream 09. Ben Gold - Liberation 10. UMEK & Elakto - Universe 11. Sean & Xander - Redline 12. Mark Roma - The Return 13. Hardwell - Black Magic 14. Mike EFEX - Evolution [Global Selection] 15. Jay Lumen - The Spice [Down the Rabbit Hole] 16. Anske - Miami Heat 17. Attention Deficit - What [Hall of Fame]   GXD 01. GXD vs. Holbrook & SkyKeeper - Reflection 02. ID 03. GXD & James Christian featuring SCar - Connected 04. Andy Moor - Resurrection (ID Remix) 05. GXD & Dan Thompson - Utopia 06. GXD & Sarah de Warren - Hell & High Water 07. Dave Neven & GXD - Allies 08. Markus Schulz featuring Delacey - Destiny (ID Remix)   Back with Markus Schulz 18. Push & Joyhauser - Choir of Spirits 19. Holbrook & SkyKeeper - Stick to the Point 20. Mario Ochoa - Gaia 21. Charlotte de Witte - Kali 22. Davey Asprey - Revolution 23. Alex M.O.R.P.H. - Calling Berlin 24. Daxson - 7th Dimension  

May Mobility's self-driving shuttles have provided more than 300,000 autonomous rides in nine cities in the US and Japan. And CEO Edwin Olson is just getting started. He has a recipe for transforming transportation – and quality of life – worldwide: . ·        A policy of listening to people to understand the unique transit challenges they face in their communities – inaccessible public transit, for example, or a long trudge from the bus stop to the dining district. ·        A strategy to work with cities, state agencies, and private enterprises to customize autonomous vehicle (AV) services that fill mobility gaps. ·        A powerhouse partnership with Toyota capable of providing vehicles, services, and resources on a global scale. ·        A game-changing approach to AV software development, known as multi-policy decision-making. . The underlying technology is critical to ensure safety and build trust, of course, but Olson argues that success starts with a human touch and understanding each community's unique needs. . “Autonomous cars are hard, and every city brings new challenges for us to solve,” he says. “There is nothing quite so motivating . . . as a real-world point of contact with riders and cities to determine where to focus and what to fix.” . We'd love to hear from you. Share your comments, questions and ideas for future topics and guests to podcast@sae.org. Don't forget to take a moment to follow SAE Tomorrow Today (and give us a review) on your preferred podcasting platform. . Follow SAE on LinkedIn, Instagram, Facebook, Twitter, and YouTube. Follow host Grayson Brulte on LinkedIn, Twitter, and Instagram. . Sign up for the SAE SmartBrief

It all started in 1902 when Vittorio Fasano, an Italian from Milan arrived in São Paulo, Brazil with a dream to open a restaurant. Since then, the Fasano family — the biggest name in Brazilian hospitality for over a century — has built a legendary portfolio that expands over 26 restaurants and 9 hotels across South America and more recently North America. This episode's conversation takes place in person at Fasano Restaurant in New York, the newest addition to the group's roster, with Gero Fasano, the great grandson of Vittorio and the present-day face behind Fasano Group. Having created culturally relevant scenes that epitomize classic, cool, and timeless since buying the family business back at 19 years old, Gero recalls the impact Fasano had in permeating elevated hospitality throughout South America. He also shares what's next for the brand as it plans to bring its distinct personal approach of luxury to major cities around the world.   For more information on Fasano: https://www.fasano.com.br     Follow Fasano Group on Instagram: https://www.instagram.com/fasano/     Follow Gero on Instagram: https://www.instagram.com/gerofasano/?hl=en     For more info on The Art of Plating: https://bit.ly/3kEvQ6r     Sign up for our Newsletter: https://bit.ly/2TrNfEg     Follow The Art of Plating:  https://bit.ly/3isPJLa     Follow On The Pass: https://bit.ly/3BpHckD     Follow our Host, Gabriel Ornelas: https://bit.ly/3hTpONC     Ask about our creative agency, FARE: https://madebyfare.com

Today's guest is David Woo, a former Wall Street Investment Strategist and now the CEO of David Woo Unbound, where he's leveling the playing field for Main Street. His blog, podcast, and YouTube are a global forum promoting fact-based debates about markets, politics, and economics. David was previously the Head of Global Rates, Foreign Exchange, and Emerging Market Fixed Income and Economics Research at Bank of America. He holds a Ph.D in Economics from Columbia. We're just over two years from the last market panic, and I thought it was important to bring him on to talk global macro since we find ourselves smack in the middle of another panic – inflation, rising interest rates, markets melting, and the possibility of total war. He's got some really strong opinions, ideas, and forecasts I thought I should share. Enjoy!  Guest - David Woo, CEO of David Woo Unbound  howardlindzon.com, davidwoounbound.com  Twitter: @howardlindzon, @PanicwFriends, @davidwoounbound, @knutjensen  linkedin.com/in/david-woo-1479a492  #fintech #invest #investment #venturecapital #stockmarket #finance  Show Notes: (00:43) – Intro (05:49) – Welcome David Woo (06:07) – The pivot in global macro (09:41) – Tech won't solve this (11:42) – Global momentum is slowing (19:04) – Waking the dragon (21:07) – Energy is key (25:57) – Pressure on the system (36:50) – Profit margins under pressure (37:42) – Looking at a recession? (42:14) – Wall Street v. Main Street (44:49) – Wrapping up (48:27) – Closing thoughts 

Ammon Bundy is a true Patriot. He, his family and hundreds of American patriots stood up against the tyranny of the Federal government. They fought for their family's multigenerational PROPERTY RIGHTS, and won. Ammon Bundy will be the next Governor of the great state of Idaho IF we all support him. This is his story. https://www.votebundy.com/ You can watch this episode here: https://www.bitchute.com/video/RB0F9n5htZNM/

Epiverse is a global collaborative led by data.org to co-create distributed data analysis tools that will get ahead of the next global health crisis. Its inclusive, open-source software ecosystem is led by an interdisciplinary community of experts driving equitable innovation in infectious disease response. Ultimatley, it's an interdisciplinary collaboration of experts from health, science, academia, business, technology, and philanthropy working to improve global epidemic response. But I wanted to learn more about the story behind the company developing privacy-preserving technology to unlock insights in non-traditional data, Danil Mikhailov, Executive Director at DataDotOrg, joins me on Tech Talks Daily to discuss how data collected and distributed in silos does not support a cohesive global response and how Epiverse is building a global software ecosystem centered around people and a sustainable system of data sharing. However, technology is just one part of a larger human system of connection and relationships. It's also important to remember that global social impact strategies will fail without conscious inclusion and a focus on capacity-building within LMIC's. We talk about how the Epiverse community and ecosystem aspire to serve as a blueprint to inform how technology design and global collaborative response can be applied across the social good sector.

1 Sam 12:1-13:23, John 7:1-30, Ps 108:1-13, Pr 15:4

Psalms 108:1-13

Psalm 65-67, Psalm 69-70

1 Sam 12:1-13:23, John 7:1-30, Ps 108:1-13, Pr 15:4

Original Release on April 26th, 2022: Global supply chains have been under stress from the pandemic, geopolitical tensions, and inflation, and the outlook for transportation in 2022 is a mixed bag so far. Chief U.S. Economist Ellen Zentner and Equity Analyst for North American Transportation Ravi Shanker discuss.-----Transcript-----Ellen Zentner: Welcome to Thoughts on the Market. I'm Ellen Zentner, Chief U.S. Economist for Morgan Stanley Research, Ravi Shanker: and I'm Ravi Shanker, Equity Analyst covering the North American Transportation Industry for Morgan Stanley Research. Ellen Zentner: And today on the podcast, we'll be talking about transportation, specifically the challenges facing freight in light of still tangled supply chains and geopolitics. It's Tuesday, April 26, at 9:00 a.m. in New York. Ellen Zentner: So, Ravi, it's really good to have you back on the show. Back in October of last year we had a great discussion about clogged supply chains and the cascading problems stemming from that. And I hoped that we would have a completely different conversation today, but let's try to pick up where we left off. Could we maybe start today by you giving us an update on where we are in terms of shipping - ocean, ground and air? Ravi Shanker: So yes, things have materially changed since the last time we spoke, some for the better and some for the worse. The good news is that a lot of the congestion that we saw back then, whether it was ocean or air, a lot of that has eased or abated. We used to have, at a peak, about 110 ships off the Port of L.A. Long Beach, that's now down to about 30 to 40. The other thing that has changed is we just went from new peak to new all time peak on every freight transportation data point that we were tracking over the last two years. Now all of those rates are collapsing at a pace that we have not seen, probably ever. It's still unclear whether this legitimately marks the end of the freight transportation cycle or if it's just an air pocket that's related to the Russia Ukraine conflict or China lockdowns or something else. But yes, the freight transportation worlds in a very different place today, compared to the last time I was on in October. Ellen, I know you wanted to dig a little more deeply into the current challenges facing the shipping and overall transportation industry. But before we get to that, can you maybe help us catch up on how the complicated tangle created by supply chain disruptions has affected some of the key economic metrics that you've been watching over the last six months? That is between the time we last spoke in October and now. Ellen Zentner: Sure. So, we created this global supply chain index to try to gauge globally just how clogged supply chains are. And we did that because, what we've uncovered is that it's a good leading indicator for inflation in the U.S. and on the back of creating that index, we could see that the fourth quarter of last year was really the peak tightness in global supply chains, and it has about a six month lead to CPI. Since then, we started to see some areas of goods prices come down. But unfortunately, that supply chain index stalled in February largely on the back of Russia, Ukraine and on the back of China's zero COVID policy, starting to disrupt supply chains again. So the improvement has stalled. There are some encouraging parts of inflation coming down, but it's not yet broad based enough, and we're certainly watching these geopolitical risks closely. So, Ravi, I want to come back to freight here because you talked about how it's been underperforming for a couple of months now and forward expectations have consistently declined as well. You pointed to it as possibly being just an air pocket, but you're pointing, you're watching closely a number of things and anticipate some turbulence in the second half of the year. Can you walk us through all of that? Ravi Shanker: What I can tell you is that it's probably a little too soon to definitively tell if this is just an air pocket or if the cycles over. Again, we are not surprised, and we would not be surprised if the cycle is indeed over because in December of last year, we downgraded the freight transportation sector to cautious because we did start to see some of those data points you just cited with some of the other analysts. So we were expecting the cycle to end in the middle of 22 to begin with, but to see the pace and the slope of the decline and a lot of these data points in the month of March, and how that coincides with the Russia-Ukraine conflict and that the lockdowns in China, I think, is a little too much of a coincidence. So we think it could well be a situation where this is an air pocket and there's like one or two innings left in the cycle. But either way, we do think that the cycle does end in the back half of the year and then we'll see what happens beyond that. Ellen Zentner: OK, so you're less inclined to say that you see it spilling over into 2023 or 2024? Ravi Shanker: I would think so. Like if this is just a normal freight transportation cycle that typically lasts about 9 to 12 months. The interesting thing is that we have seen 9 to 12 months of decline in the last 4 weeks. So there are some investors in my space who think that the downturn is over and we're actually going to start improving from here. I think that's way too optimistic. But if we do see this continuing into 2023 and 2024 I think there's probably a broader macro consumer problem in the U.S. and it's not just a freight transportation inventory destocking type situation. Ellen Zentner: So Ravi, I was hoping that you'd give me a more definitive answer that transportation costs have peaked and will be coming down because of course, it's adding to the broad inflationary pressures that we have in the economy. Companies have been passing on those higher input costs and we've been very focused on the low end consumer here, who have been disproportionately burdened by higher food, by higher energy, by all of these pass through inflation that we're seeing from these higher input costs. Ravi Shanker: I do think that rates in the back half of the year are going to be lower than in the first half of the year and lower than 2021. Now it may not go down in a straight line from here, and there may be another little bit of a peak before it goes down again. But if we are right and there is a freight transportation downturn in the back of the year, rates will be lower. But, and this is a very important but, this is not being driven by supply. It's being driven by demand and its demand that is coming down, right. So if rates are lower in the back half of the year and going into 23, that means at best you are seeing inventory destocking and at worst, a broad consumer recession. So relief on inflation by itself may not be an incredible tailwind, if you are seeing demand destruction that's actually driving that inflation relief. Ellen Zentner: That's a fair point. Another topic I wanted to bring up is the fact that while freight transportation continues to face significant headwinds, airlines seem to be returning to normal levels, with domestic and international travel picking up post-pandemic. Can you talk about this pretty stark disparity? Ravi Shanker: Ellen it's absolutely a stark disparity. It's basically a reversal of the trends that you've seen over the last 2 years where freight transportation, I guess inadvertently, became one of the biggest winners during the pandemic with all the restocking we were seeing and the shift of consumer spend away from services into goods. Now we are seeing the reversion of that. So look, honestly, we were a little bit concerned a month ago with, you know, jet fuel going up as much as it did and with potential concerns around the consumer. But the message we've got from the airlines and what we are seeing very clearly in the data, what they're seeing in the numbers is that demand is unprecedented. Their ability to price for it is unprecedented. And because there are unprecedented constraints in their ability to grow capacity in the form of pilot shortages, obviously very high jet fuel prices and other constraints, I guess there's going to be more of an imbalance between demand and supply for the foreseeable future. As long as the U.S. consumer holds up, we think there's a lot more to come here. So Ellen, let me turn back to you and ask you with freight still facing such big challenges and pressure on both sides on the supply chain. What does that bode for the economy in terms of inflation and GDP growth for the rest of this year and going into next year? Ellen Zentner: So I think because, as I said, you know, our global supply chain index has stalled since February. I think that does mean that even though we've raised our inflation forecasts higher, we can still see upside risk to those inflation forecasts. The Fed is watching that as well because they are singularly focused on inflation. GDP is quite healthy. We have a net neutral trade balance on energy. So it actually limits the impact on GDP, but has a much greater uplift on inflation. So you're going to have the Fed feeling very confident here to raise rates more aggressively. I think there's strong consensus on the committee that they want to frontload rate hikes because they do need to slow demands to slow the economy. They do almost need that demand destruction that you were talking about. That's actually something the Fed would like to achieve in order to take pressure off of inflation in the U.S.. But we think that the economy is strong enough, and especially the labor market is strong enough, to withstand this kind of policy tightening. It takes actually 4 to 6 quarters for the Fed to create enough slack in the economy to start to bring inflation down more meaningfully. But we're still looking for it to come in, for core inflation, around 2.5% by the fourth quarter of next year. So, Ravi, thanks so much for taking the time to talk. There's much more to cover, and I definitely look forward to having you back on the show in the future. Ravi Shanker: Great speaking with you Ellen. Thanks so much for having me and I would love to be back. Thanks for listening. If you're interested in learning more about the supply chain, check out the newest season of Morgan Stanley's podcast, Now, What's Next? If you enjoyed this show, please share Thoughts on the Market with a friend or colleague, or leave us a review on Apple Podcasts. It helps more people find the show.

This week we are rebroadcasting our interview with ALOK, originally aired in August of 2021. “I validate the idea that survival is the ultimate act of creation in a world that has reduced us to fascist arithmetic, of being a quantitative statistic, not a human soul. So we still found a way to care, love, and create - isn't that art? I teach people to decipher the art that they're already doing, recognize the artistry and the everyday miracles of life around them, and create from that place.” This week we immerse ourselves in the aforementioned call to recognize the myriad of creations all around us from guest ALOK, who guides us in an ever-expansive dialogue around spiritual wellbeing, the importance of creative literacy, and the tremendous freedom that awaits us when we make gender unknowable. We begin our conversation by foregrounding the importance of moving out of the paradigm of understanding trans and queer as something that is exclusive to the body. Instead, ALOK shares how challenging the gender binary is not only in service to our collective wellbeing but is a reverential offering in acknowledging our true celestial expansiveness that has been dimmed under binarism, heteronormativity, and colonialism. ALOK is a gender non-conforming writer and performance artist. Their distinctive style and poetic challenge to the gender binary have been internationally renowned. As a mixed-media artist Alok uses poetry, prose, comedy, performance, fashion design, and portraiture to explore themes of gender, race, trauma, belonging, and the human condition. They are the author of Femme in Public (2017) and Beyond the Gender Binary (2020). Music by Soda Lite, Rising Appalachia, and Lady Moon & The Eclipse.  Visit our website at forthewild.world for the full episode description, references, and action points.

1 Sam 10:1-11:15, John 6:43-71, Ps 107:1-43, Pr 15:1-3

1 Sam 8:1-9:27, John 6:22-42, Ps 106:32-48, Pr 14:34-35