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This week we're talking economics and finances of the world's game with professor, author and podcaster Kieran Maguire of University of Liverpool. (We apologize in advance for those who thought this show was about gridiron football, but with the Club World Cup beginning June 14, we thought it would be interesting to discuss football/soccer finance and some economic implications of the 2026 World Cup in North America.) Maguire joins Macro Matters podcast host Ira Jersey, Bloomberg Intelligence's chief US rates strategist, and Business of Sports co-host and EM Lens host Damian Sassower, BI's chief emerging market fixed income strategist. The group discusses football club valuations, the economic benefits (or pitfalls) of hosting the World Cup, and how clubs used debt to finance player transfers and club operations. The Macro Matters podcast is part of BI's FICC Focus series.
“I'm just waiting for the T-bill tsunami to come, and it can't come soon enough,” says Sue Hill, senior portfolio manager and head of the Government Liquidity Group at Federated Hermes. Hill joins Macro Matters hosts Ira Jersey, Bloomberg Intelligence chief US rates strategist, and Will Hoffman, BI's senior associate US-Canada rates strategist, to discuss the state of the money-market complex amid debt-ceiling-induced supply scarcity. The trio examine the limits and nuances of alternative liquidity-management wrappers, where individual needs and mandates dominate asset compositions. They discuss the debt ceiling, and how her team manages allocation decisions around low but non-zero default risks, as well as unattractive yields relative to alternatives. Also addressed was how the Federal Reserve's RRP facility may have a permanent home as part of the money fund ecosystem, and the industry's slow but steady push toward central clearing as the mid-2027 deadline inches closer.
“I think ultimately the bond market is the disciplinarian for fiscal policymakers” says Mike Medeiros, macro strategist at Wellington Management. Medeiros joins Macro Matters hosts Ira Jersey, Bloomberg Intelligence chief US rates strategist, and Will Hoffman, BI's senior associate US-Canada rates strategist, to discuss all things US and Canadian rates. The trio has one foot on each side of the border on this episode, unpacking the recent bond-market moves and their drivers. They cover the developing state of fiscal budgets and potential stimulative impacts on these economies, as well where monetary policy and yield curves may be headed as price-sensitive investors demand additional premium for long-dated sovereign debt. The Macro Matters podcast is part of BI's FICC Focus series.
Andy Constan, chief investment officer of Damped Spring Advisors, said a combination of potential expenditure cuts, which he estimates at around $300 billion per year, represents the largest fiscal tightening of his lifetime. Constan joins Bloomberg Intelligence's Ira Jersey, chief US strategist, and Will Hoffman, US/CAD senior rates strategy associate, on this episode of Macro Matters to discuss all things interest rates. They talk about some of the biggest bond market myths as well as the path forward for the Fed's balance sheet as quantitative tightening downshifted into low gear. The trio also discuss the likelihood for shifts in Treasury issuance as well as where monetary policy and bond yields may be headed. The Macro Matters podcast is part of BI's FICC Focus series.
The dollar and equity markets remain expensive even after the recent declines, says Sonal Desai, chief investment officer for Franklin Templeton Fixed Income, on this Macro Matters edition of the FICC Focus podcast. Desai joins host and BI chief US rates strategist Ira Jersey and associate North American rates strategist Will Hoffman for a discussion about the recent extreme volatility. She thinks focusing on the broader economic outlook and market valuations is a way to stay focused on longer-term returns. Desai examines why the dollar isn't likely to lose its reserve-currency status. The Macro Matters podcast is part of BI's FICC Focus series.
Total Soccer Show: USMNT, EPL, MLS, Champions League and more ...
Our longtime friend Ira Jersey is here for a bonus episode to discuss his club, Real Central New Jersey. Founded in early 2020 (what a fun time), RCNJ sought to bridge the divide between soccer in North Jersey and soccer in South Jersey. But what has the club learned along the way? How has it grown and stayed increasingly relevant in its local community? And, right off the bat, is it "ray-al" or "real?" Plus, the potential impact of promotion and relegation, the barriers to growth for small clubs, and much much more! Hosted on Acast. See acast.com/privacy for more information.
Total Soccer Show: USMNT, EPL, MLS, Champions League and more ...
Our longtime friend Ira Jersey is here for a bonus episode to discuss his club, Real Central New Jersey. Founded in early 2020 (what a fun time), RCNJ sought to bridge the divide between soccer in North Jersey and soccer in South Jersey. But what has the club learned along the way? How has it grown and stayed increasingly relevant in its local community? And, right off the bat, is it "ray-al" or "real?" Plus, the potential impact of promotion and relegation, the barriers to growth for small clubs, and much much more! Learn more about your ad choices. Visit megaphone.fm/adchoices
The risk to bondholders is that the 2% inflation target becomes unbearable for the Fed, says Jim Grant, founder of Grant's Interest Rate Observer. Grant is joined by Bloomberg Intelligence's chief US rates strategist Ira Jersey and senior US and Canada rates-strategy associate, Will Hoffman to discuss the outlook for US financial markets following a sweeping US tariff announcement. The trio discuss the rise of economic uncertainty and the extent to which recession risk may be priced in markets. They also unpack the role of US exceptionalism and persistent goods disinflation in the context of long-term market trends and how it may shift in a world leaning away from free trade. The Macro Matters podcast is part of BI's FICC Focus series.
Fed Chair Jerome Powell rehabilitated the word “transitory” and injected it into our understanding of where the economy and inflation are now, says Tim Horan, in this Macro Matters edition of the FICC Focus podcast. Horan, the chief investment officer of fixed income at Chilton Trust, joins host and Bloomberg Intelligence chief US rates strategist Ira Jersey and senior US and Canada rates strategy associate Will Hoffman to discuss the economy and fixed-income markets. Horan said he is avoiding longer-maturity Treasuries, but notes that he finds municipal bonds attractive for investors in some states.
A spate of economic and political headlines has traders working harder than usual to assess US indicators for clues on interest rates and property markets. In this episode of the Bloomberg Intelligence Macro Matters Podcast, Lisa Pendergast, president and CEO of CREFC, joins host and BI chief US rates strategist Ira Jersey, senior REIT analyst Jeffrey Langbaum and senior US and Canada rates strategy associate Will Hoffman to discuss all things commercial real estate. They discuss changes in sentiment post-Covid-19 and relative value across market segments. They also examine the potential for continued office-space conversions, and how the industry is approaching its maturity wall with the Federal Reserve on hold. The Macro Matters podcast is part of BI's FICC Focus series.
The two standout risks with the new US administration are tariffs and immigration policy, Kathy Jones, chief fixed-income strategist at Charles Schwab, says in the latest episode of Bloomberg Intelligence's Macro Matters podcast. Jones is joined by host and BI chief US rates strategist Ira Jersey to discuss the outlook for Treasury markets and the economy. The pair discuss the recent drivers of yields across the curve, as well as inflation and potential fiscal risks to growth as the new administration enters office. They also hit on government debt and deficits, and how these influence bond market valuations. The Macro Matters podcast is part of BI's FICC Focus series.
Markets are front-loading the effect of potential Trump policy changes in 2025, which will keep volatility elevated says Ben Emons, founder and outsourced chief investment officer of Fed Watch Advisors. Emons is joined by Bloomberg Intelligence's Ira Jersey, chief US rate strategist, and Will Hoffman, senior US and Canada rates strategy associate, to discuss the outcome of the December FOMC meeting and the implications for markets in the year ahead. They discuss moves across domestic markets, including curve behavior and drivers in Treasuries, as well as the potential for additional volatility across global markets in 2025. The trio also hits on cross-currency hedging costs and direction, as well as technical adjustments to Fed policy, as it attempts to alleviate some stress in funding markets.
The significant tightening in corporate bonds recently has left asset-backed securities looking cheaper, says Rod Chadehumbe, Bloomberg Intelligence's asset-backed securities strategist. Chadehumbe is joined by host and BI chief US rates strategist Ira Jersey to discuss the state of the US ABS market. The pair dive into the engineering of the various types of products, as well as the general risk-reward profiles available to investors. They also hit on the liquidity and volatility dynamics of the asset class, expectations for ABS relative value in 2025 and forecasts for new issuance in the coming year.
Cash is not on the sidelines. An investment in a money market fund is an actual investment, says Robert Sabatino, head of Global Liquidity Portfolio Management at UBS Asset Management. Sabatino is joined by host and Bloomberg Intelligence's chief US rate strategist Ira Jersey and senior US and Canada rate strategy associate Will Hoffman to discuss all things money markets. The trio examine shifts in the relationship between the Federal Reserve's facilities and the money-fund industry, as well as how recent SEC regulatory changes have affected portfolio-management decisions. They also touch on drivers of volatility in the repo market, such as the growth of the Treasury market relative to intermediation capacity, as well as how money-fund assets may evolve as offering yields fall. The Macro Matters podcast is part of BI's FICC Focus series.
In the beige book, you see all 12 districts reporting declining spending in some way shape or form, and that's unheard of: There is no such thing, and I think that is what got the attention of the Federal Reserve, says Danielle DiMartino Booth, CEO and chief strategist for QI Research. In this edition of the Macro Matters podcast, Booth joins host and Bloomberg Intelligence chief North American rates strategist Ira Jersey to discuss changes to the microstructure of the US Treasury market, as well as some of the largest systemic risks to financial markets. The duo also touch on potential Fed reforms and changes to bank-capital rules affecting market-making activity and liquidity in US Treasury markets.
The new supercore CPI to watch is the Bureau of Labor Statistic's Quarterly Census of Employment and Wages, given US Federal Reserve Chair Jerome Powell's comments on monthly non-farm payroll gains, says Anna Wong, chief US economist for Bloomberg Economics. Wong is joined by Macro Matters podcast host and Bloomberg Intelligence's chief US rates strategist Ira Jersey to discuss key details and takeaways from the Federal Reserve's 50-bp rate cut and accompanying policy announcement. The pair unpack the implications of changes in the Fed's summary of economic projections as well as the outlook for the economy relative to current market pricing. They also discuss potential implications for monetary policy in the context of the upcoming presidential election.
With artificial intelligence tools, we think we can cover more, in more depth and with the same number of people, and we can be faster to market, says David Dwyer, director of global research at Bloomberg Intelligence. In this episode of the Macro Matters podcast, Dwyer joins host and BI chief North American rate strategist Ira Jersey to discuss the future of financial research within the context of rapid technological advancements. With BI celebrating its 15-year anniversary, the pair discuss the history of tech adoption and productivity gains within the financial-research sector, as well as how machine learning and AI tools will drive evolution in analysts' workflows.
The Canadian economy is rife with potholes that could potentially be hit by a policy mistake, says Stuart Paul, US and Canadian economist for Bloomberg Economics. Paul joins Macro Matters podcast host and Bloomberg Intelligence's Chief North American rate strategist Ira Jersey and senior associate rates strategist Will Hoffman to discuss the state of the country's economy and rate markets. They talk about the key drivers, outlooks and possible risks across the short and medium term, as well as key differences in US and Canadian central-bank mandates and potential policy paths. The Macro Matters podcast is part of BI's FICC Focus series.
The unemployment rate will surprise the Fed, rising to 4.5% at the end of this year, says Anna Wong, chief US economist for Bloomberg Economics. Wong joins host and Bloomberg Intelligence chief US rates strategist Ira Jersey to unpack the July FOMC meeting. The pair discuss Chairman Jerome Powell's dovish tilt at the meeting's Q&A, and what that means for likely rate-policy outcomes. They also the examine potential implications of possible fiscal-policy changes to inflation, trade policy and real-economic activity.
Steven Major, HSBC's global head of fixed-income research, joins Bloomberg Intelligence's chief US rates strategist Ira Jersey and BI senior rates strategy associate Will Hoffman to discuss some of the most controversial topics across global bond markets in this Macro Matters edition of the Bloomberg Intelligence FICC Focus podcast. The trio dive into the determinants of longer-run equilibrium interest rates and the relationship between supply and yields. They also touch on regulatory constraints on dealer-intermediation capabilities and relative value across global bond markets.
The economy is firing on all cylinders and continues to show positive momentum, says Lara Rhame, chief US economist at FS Investments. Rhame joins Macro Matters co-host and Bloomberg Intelligence chief US rates strategist Ira Jersey and senior US rates strategy associate Will Hoffman to discuss the major drivers of the US Treasury market. The trio examine how the Federal Reserve may respond to current and future economic conditions, and the impact of various outcomes across asset classes and the Treasury curve. They also discuss the likely path of fiscal policy and the potential implications of sustained deficit spending on longer-maturity Treasury performance.
US congressional partisanship is at it's highest level ever and there's no fiscal restraint on either side of the aisle, says Macro Matters host and Bloomberg Intelligence's chief US rate strategist Ira Jersey. He joined BI's chief European rate strategist Huw Worthington to discuss the implications of global elections across sovereign debt markets. The pair talk about recent volatility spurred by French and UK elections and their impact on relative value across markets. They also dissect the outcomes of the November US Presidential election and the implications of shifting trade and geopolitical stances on the economy. Macro Matters is part of the BI FICC Focus pod cast series.
Watching the household survey portion of the Employment Situation report may be a better indicator of the economy, Stuart Paul of Bloomberg Economics says on this edition of the Bloomberg Intelligence FICC Focus Podcast. Paul joins host Ira Jersey, BI chief US interest rate strategist, to discuss recent economic data trends, the disconnect between surveys and hard data, upcoming data and the BE outlook for monetary policy. Paul says he believes US Federal Reserve Chairman Jerome Powell may be somewhat dovish at the semiannual monetary policy report to Congress, and could use the Jackson Hole symposium to signal a September interest rate cut.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, helps to recap comments from Fed Chair Jay Powell. Eric Martin, Bloomberg International Economic Reporter, discusses President Biden's China tariffs. Patrick Kennedy, Founding Partner at All Source Investment Management, discusses the current state of private credit, and private equity investments in sports teams. Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, breaks down Home Depot earnings. Brian Collie, Global Leader: Automotive, at Boston Consulting Group, discusses electric vehicle adoption.Hosts: Paul Sweeney and Alix Steel See omnystudio.com/listener for privacy information.
Chairman Jerome Powell had opportunities at the May FOMC meeting to put interest rate hikes back on the table and surprisingly did not, says Ira Jersey, host and Chief US Interest Rate Strategist for Bloomberg Intelligence. On this Macro Matters edition of the FICC Focus podcast, Jersey is joined by associate US Interest Rate Strategist Will Hoffman to discuss the key takeaways from both the Federal Reserve and US Treasury Department's May 1 policy announcements. The pair unpack the implications of the announced taper to the pace of Fed balance-sheet runoff, as well as deficit and Treasury-issuance trends over the coming months.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. David Kirkpatrick, Founder of Techonomy, recaps Meta earnings, and also previews Alphabet and Microsoft earnings. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist joins to discuss economic data in U.S. Barry Ritholtz, Founder of Ritholtz Wealth Management and Host of “Masters in Business” talks about today's market selloff. James Abate, Managing Director & Chief Investment Officer, at Centre Asset Management, discusses the latest on the markets. Pascal Soriot, CEO of AstraZeneca, discusses AstraZeneca earnings.Hosts: Paul Sweeney and Molly SmithSee omnystudio.com/listener for privacy information.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney for April 12th, 2024Featuring: Neil Dutta, Partner at Renaissance Macro Research, along with Ira Jersey, Chief US Rates Strategist with Bloomberg Intelligence, on CPI and the Fed Joe Weisenthal and Tracy Alloway, host of Bloomberg's Odd Lots podcast, on CPI Steven Ricchiuto, Chief US Economist with Mizuho Securities, on CPI Bloomberg's Lisa Mateo with her Newspaper Headlines Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyApril 5th, 2024Featuring: Neil Dutta, Partner and Head of US Economic Research at Renaissance Macro Research, and Ira Jersey, Bloomberg Intelligence Rates strategist, with reaction to the March jobs report Julia Pollak, Chief Economist at ZipRecruiter, joins to break down the jobs numbers Claudia Sahm, Bloomberg Opinion Contributor and CEO at Sahm Consulting, on the economic picture post jobs numbers and Opinion piece on part-time work Bloomberg's Lisa Mateo with her Newspaper Headlines Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Steve Man, Global Autos and Industrials Research Analyst, discusses Tesla deliveries. Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Apple's support levels. Shelby McFaddin, Investment Analyst at Motley Fool Asset Management, discusses her outlook for the markets. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, joins to look at this week's economic data in the U.S. Lukasz Tomicki, Founder and Managing Partner, at LRT Capital Management, discusses the latest on the markets.Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, discusses Home Depot saying they will buy the roof supply firm, SRS. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, joins to discuss U.S eco data and the Fed. David Kudla, Founder, CEO, and Chief Investment Strategist at Mainstay Capital Management, discusses his outlook for the markets. Anurag Rana, Bloomberg Intelligence Technology Analyst, talks about Amazon's investment in Anthropic. Max Chafkin, Bloomberg Businessweek Senior Reporter, discusses the column: "Bankman-Fried's Original Sin at FTX Is Trouble for All of Crypto." Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
I think the Fed is extremely data dependent, if anything, too data dependent, says Anna Wong, chief US economist for Bloomberg Economics. In this Macro Matters edition of the FICC focus podcast, Wong joins host Ira Jersey, chief US interest rate strategist for Bloomberg Intelligence, to unpack the March FOMC meeting. The pair discuss the surprises and developments from the meeting, including revisions to the Statement of Economic Projections and their implications for the path of Fed policy. Revisions to longer-run rate expectations, intermeeting black swan events, thresholds for interest rate cuts, and risk cases to economic forecasts are also discussed.
Discover the underlying currents of monetary policy with Ira Jersey, Bloomberg Intelligence's lead US interest rate strategist, as we explore the Federal Reserve's communication intricacies and the recent dovish signals that have left the markets buzzing. With a seasoned eye, Ira dissects the balancing act the Fed performs while steering the economy, providing an expert's take on how their guidance, or lack thereof, sends ripples through the interest rates and risk assets. Expect a deep dive into the challenges of forecasting in an unpredictable economic landscape and the implications of the Treasury's actions on market stimulation.Venture with us into the realm of government fiscal policy where the impact on household spending and the economy is as complex as it is profound. Let's scrutinize the role of government transfers, such as Medicare and Medicaid, in supporting household income and debate the sustainability of these programs against the backdrop of swelling deficits. This conversation doesn't shy away from the controversial; we tackle the paradoxical effects of fiscal stimulus on inflation and growth, and even ponder the future of labor in the age of artificial intelligence.In our concluding segment, we peel back the curtain on the mechanisms of Treasury auctions and the corporate credit landscape. This episode is a treasury of knowledge for those keen to understand the forces that shape our financial world and the hidden levers that move markets. Join us for a journey through the intricate web of economics, policy, and trading that you won't want to miss.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.If you're sick of having to wade through two hours of fluff in order to get a few good takeaways, tune into the Art of Manliness podcast. We glean and distill the very best insights from the world's experts in self-improvement, philosophy, practical skills, history and more, and do so in under an hour, without all the eye-roll inducing filler. You'll walk away from every episode of the AoM podcast with actionable insights you can start implementing today to improve your life. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:
The Federal Reserve is restrictive, and policymakers left themselves room to cut on the way up, says Greg Faranello, head of US rates at AmeriVet Securities. In this Macro Matters edition of the Bloomberg Intelligence FICC Focus podcast, Faranello joins hosts Ira Jersey, BI chief US rates strategist, and Will Hoffman, US rates strategy associate, to discuss the state of the Treasury market. The trio examine the recent repricing of Fed policy expectations, outlook for quantitative tightening and the impact of persistent federal deficits on the secondary Treasury market.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Mark Hoplamazian, President and Chief Executive Officer of Hyatt Hotels, joins the program to discuss his outlook for the hotel industry. Ted Smith, Co-Founder and President of Union Square Advisors, discusses M&A activity. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, joins to discuss today's economic data in the U.S. Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps Paramount earnings. Woo Jin Ho, Bloomberg Intelligence Senior Technology Analyst, joins to break down HP's earnings.Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
MBS demand from banks and international buyers is seen as weakening in the near term as expectations for the US Federal Reserve's first rate cut and a taper in the pace of quantitative tightening is being pushed further into 2024, says Nick Maciunas, head of agency MBS research at JP Morgan Securities. In this Macro Matters edition of the Bloomberg Intelligence FICC Focus podcast, Maciunas joins hosts Ira Jersey, BI chief US rate strategist, and Erica Adelberg, BI's chief US MBS strategist, to discuss shifts in MBS market dynamics. The trio dive into the microstructure of the market and how changes in Fed policy expectations impacts securities demand from the banking sector. They also touch on the drivers of the asset class' recent underperformance and the implications of regulatory changes on hedging behavior.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Dana Peterson, Chief Economist at the Conference Board, joins to discuss the latest U.S Consumer Confidence data from the Conference Board. Mary Ross Gilbert, Bloomberg Intelligence, Senior Equity Analyst, Covering Retail, discusses Macy's earnings. Fernando Valle, Bloomberg Intelligence Senior Oil and Gas Analyst, discusses Exxon and Cnooc exploring a bid to snatch Guyana stake from Chevron. Haag Sherman, Chief Executive Officer and Chief Investment Officer of Tectonic Holdings, joins to discuss the energy sector. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, joins to discuss his latest Fed commentary. Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Craig Trudell, Bloomberg Global Autos Editor, discusses how President Biden's EV dreams are impacting U.S carmakers. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, joins to share his latest thoughts on the Fed. Gene Munster, Managing Partner at Deepwater Asset Management, previews Nvidia earnings. Carol Pepper, Founder and CEO at Pepper International, joins to discuss her outlook for the markets. Kavita Gupta, Founder and Managing Partner of the Delta Blockchain Fund, joins to discuss the latest on Bitcoin and the crypto industry. Hosts: Paul Sweeney and Bailey LipschultzSee omnystudio.com/listener for privacy information.
Seth Carpenter, chief global economist at Morgan Stanley, expects the Federal Reserve to taper its balance-sheet policy in May and to begin easing interest rates in June. Carpenter joins hosts Ira Jersey and Will Hoffman of the Bloomberg Intelligence interest rate strategy team to give his views on economies and markets in this Macro Matters edition of the BI FICC Focus podcast. The trio discuss ongoing economic and inflationary dynamics, including the disinflationary process, potential catalysts and impacts of adjustments to the Fed's balance-sheet policy. Carpenter also digs into the US Treasury Department's decision-making process when determining the composition of Treasury issuance.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, joins to discuss Paramount's job cuts. Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist joins to discuss hot U.S CPI data. Jeffrey Cleveland, Chief Economist at Payden & Rygel, joins to discuss U.S CPI data, and his outlook for the US economy. Alan Armstrong, President and CEO at Williams, joins to discuss the natural gas industry's progress around emissions reductions and technology innovation.Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist joins to discuss today's economic data in the U.S, and what comes next for the Fed. Jennifer Bartashus, Bloomberg Intelligence Senior Analyst, Retail Staples & Packaged Food, discusses Superbowl food and beverage sales. Jill Blanchard, President of Enterprise Client Solutions at Advantage Solutions, joins to discuss what we can expect to see over the weekend leading up to the Super Bowl from a retail and consumer perspective. Bloomberg Business of Sports Hosts Michael Barr and Damian Sassower, break down Super Bowl prop bets and what to expect from the big game.Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist joins to discuss Fed policy and inflation. Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, joins to recap Disney earnings. Barry Ritholtz, Founder of Ritholtz Wealth Management and Host of “Masters in Business” discusses his interview with David Einhorn on ‘Masters in Business.' Dan Griffith, Senior Vice President and Director of Wealth Strategy, at Huntington Private Bank, joins to discuss his outlook for the markets. Dustin Meyer, Senior VP of Policy, Economics and Regulatory Affairs at the American Petroleum Institute, discusses today's U.S Senate ENR hearing examining the administration's pause on LNG export approvals.Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.
Ira Jersey, Chief US interest rate strategist for Bloomberg Intelligence, discusses how Treasuries might react to a government shutdown on Friday. Michael Shah, Pharma Analyst with Bloomberg Intelligence, joins to discuss Novo Nordisk, Ozempic, and the weight loss drug push. Jake Saper, Emergence Capital General Partner, joins to talk about investment strategies, tech, and markets. Jereme Sylvain, CFO at DexCom (NASDAQ: DXCM), joins to discuss company earnings, its initiatives in healthcare and specifically for diabetes, and outlook for the firm and industry. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Wednesday, November 8th, 2023. Dropwave Do you have a podcast, or thinking about starting one? Does your church have a podcast feed for sermons? Then Dropwave.io is for you. Cancel culture is like walking on a thin glass bridge over the Grand Canyon. Every step you take could get you killed, I mean canceled. Since the beginning CrossPolitic has been working on being antifragile, so no matter what happens, our content can still be delivered to your tv and to your podcast. This past year, the Waterboy and his friend Jeremi, have been working on building a podcast hosting solution for rowdy platforms like CrossPolitic, so that you can be confident your podcast will never fall through that glass bridge. Dropwave offers seamless onboarding for shows that have been around for years to easy to use solutions for starting your own podcast. Dropwave will track all your show’s downloads by city, state, and country, and it offers network and enterprise packages for solutions like the Fight Laugh Feast Network. Free to speak, Free to podcast, free to start your journey now at www.Dropwave.io. https://www.breitbart.com/economy/2023/11/07/bloomberg-u-s-debt-interest-bill-soars-past-1-trillion-a-year/ Bloomberg: U.S. Debt Interest Bill Soars Past $1 Trillion a Year The combination of high levels of debt and higher interest rates has pushed the annualized interest cost of government debt past $1 trillion, an analysis from Bloomberg showed Tuesday. This amounts to a doubling of interest costs over the past 19 months, according to Bloomberg. It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022. The worsening metrics may reignite debate about the US fiscal path amid heavy borrowing from Washington. That dynamic has already helped drive up bond yields, threatened the return of the so-called bond vigilantes and led Fitch Ratings to downgrade US government debt in August. “There will be further increases to Treasury coupon auctions and T-bills outstanding going forward,” Bloomberg Intelligence strategists Ira Jersey and Will Hoffman wrote in a research note. “Besides deficits of over $2 trillion in the foreseeable future, climbing maturities following the increase of issuance from March 2020 will also need to be refinanced.” The Congressional Budget Office estimates that the cumulative deficit for the 2024–2033 period will total $20.2 trillion, or 6.1 percent of GDP. Deficits are expected to be at least 5.5 percent of GDP every year for the coming decade. Since 1973, the federal government budget deficit has averaged 3.6 percent of GDP. https://dailycaller.com/2023/11/07/van-jones-biden-retire-2024-election-drop-out/ ‘It’s Time’: CNN’s Van Jones Says Biden Needs To Consider Retiring CNN’s Van Jones said Tuesday that President Joe Biden needs to consider retiring following a poll from The New York Times/Siena College. The Sunday poll found president Donald Trump leading Biden by a substantial margin in five out of six key swing states. Biden holds a slight edge within the margin of error over Trump in Wisconsin. Jones argued Biden is in a tough position. Video Plays Several pundits have questioned whether Biden should drop out of the race, with CNN’s David Axelrod saying the president needs to decide whether staying in the race is “in his best interest or the country’s.” Director of Defending Democracy Together Bill Kristol posted on X that Biden needs to make an act of “personal sacrifice.” “It’s time. President Biden has served our country well. I’m confident he’ll do so for the next year. But it’s time for an act of personal sacrifice and public spirit. It’s time to pass the torch to the next generation. It’s time for Biden to announce he won’t run in 2024,” Kristol wrote. https://hotair.com/karen-townsend/2023/11/07/future-darwin-award-winner-tried-to-target-jewish-children-in-americas-midwest-n590580 Future Darwin Award Winner Tried to Target Jewish Children in America's Midwest A woman in Indiana plowed her car into a building she thought was a Jewish school. The police describe her as a terrorist and she was arrested at the scene. Not only was her intention to hurt or kill Jewish school children in their school in Indianapolis but she was completely mistaken about her target. The 34-year-old terrorist woman, allegedly backed her vehicle into a building associated with Black Hebrew Israelites on Friday. She admitted to the police that she specifically targeted the building because she was offended by a Hebrew Israelite symbol in front. This psycho thought she was entitled to try to harm children because she was offended by a symbol in front of the building, apparently. There were several adults and children in the building at the time. However, they were not who the woman thought they were. She said, “Yes. I did it on purpose.” She kept describing the building as the “Israel school” and she spoke about “her people back in Palestine.” According to the Anti-Defamation League, the Israelite School of Universal and Practical Knowledge is a sect of the Black Hebrew Israelites. It is an extremist group that is anti-Israel. The Southern Poverty Law Center (I know) has designated them as a hate group. So, ironically, the unhinged and offended the woman plowed into the building used by a group who hate Israel as she does. She is Darwin Award material. An investigation is underway. There may be additional charges brought against her. The Jewish Federation of Greater Indianapolis said Safe Indiana, a Jewish community security program, is working with cops to probe the incident. “Safety and security for our community is of the utmost importance, and we are more secure and prepared than ever before,” the federation said in a statement. “Although a Jewish facility was not targeted, solely due to ironic misidentification, this is yet another reminder to maintain security protocols, remain vigilant of suspicious activity and to (report promptly) to the appropriate authorities.” These random acts of terror seem to be increasing. FBI Director Christopher Wray recently warned of lone wolf attacks. Wray said Hamas inspired terrorists pose a threat not seen since the days of ISIS. She confessed that she was motivated to do the attack after watching news coverage of the Israel-Hamas war. She is originally from Amman, Jordan. Wray said that while Hamas is assessed to have no capabilities inside the US, other actors – possible radicalized individuals or small groups – could take inspiration from the terror group in a way similar to ISIS. Speaking to the Senate’s Homeland Security Committee, he said: “We assess that the actions of Hamas and its allies will serve as an inspiration, the likes of which we haven’t seen since ISIS launched its so-called caliphate several years ago. “In just the past few weeks, multiple foreign terrorist organizations have called for attacks against Americans and the West.” He said: “Here in the United States, our most immediate concern is that violent extremists – individuals or small groups – will draw inspiration from the events in the Middle East to carry out attacks against Americans going about their daily lives.” She was charged with a preliminary charge of criminal recklessness. Her first court appearance is scheduled for today, November 8. https://www.catholicnewsagency.com/news/255928/vatican-hospital-offers-to-treat-critically-ill-baby-denied-life-support-in-britain Vatican hospital offers to treat critically ill baby denied life support in Britain The Vatican’s pediatric hospital has offered to treat 8-month-old baby Indi Gregory after a British court ruled that she be removed from life support against her parents’ wishes. Gregory, who was born in February, suffers from a rare degenerative mitochondrial disease and has been receiving life-sustaining treatment on a ventilator at the Queen’s Medical Centre in Nottingham, England. After England’s high court ruled that it was in the child’s “best interests” to be taken off life support, Gregory’s parents appealed to take her to Rome for treatment, an appeal that was denied by a British judge over the weekend. The Italian government decided in an emergency meeting on Monday to grant the critically ill child Italian citizenship and to cover the cost of her medical treatment at the Vatican’s Bambino Gesù (jay-zoo) hospital. “They say there isn’t much hope for little Indi, but until the very end, I’ll do what I can to defend her life,” Italian President Giorgia Meloni wrote on social media on Nov. 6. “And to defend the right of her mamma and papa to do all that they can for her.” The Bambino Gesù hospital has previously offered medical treatment to other critically ill children, including Alfie Evans in 2018 and Charlie Gard in 2017, both of whom were ultimately denied the chance to travel to Italy by U.K. courts and died days after being removed from life support. Christian Concern has published a letter from the president of the Bambino Gesù hospital outlining “a detailed treatment plan” for the child, which includes “life-sustaining treatment and palliative care to ensure Indi’s survival and comfort while the treatments take effect.” Andrea Williams, chief executive of Christian Concern and the Christian Legal Centre supporting the Gregorys’ case, has noted that this is believed to be the first time that a parent’s appeal against an order to withdraw life-sustaining treatment has been rejected by the Court of Appeal without a hearing. “The law is there to protect life and the most vulnerable in our society. What is happening in this case sets a very worrying precedent with regard to that principle,” Williams said. “It is very concerning that a child can be held against the parents’ wishes when they have alternative treatment available.” With the newly granted Italian citizenship, the child’s parents, Dean Gregory and Claire Staniforth, can appeal to the Italian consulate in Britain to request that their daughter be airlifted to Italy for treatment, according to Reuters. Simone Pillon (pee-lone), an Italian lawyer assisting the Gregory family, wrote on Nov. 7: “We are working to find an agreement between the two countries to satisfy the family’s request and treat Indi in Rome.” In response to the Italian government’s decision, Dean Gregory, Indi’s father, said: “My heart fills up with joy that the Italians have given Claire and I hope and faith back in humanity. The Italians have shown us care and loving support and I wish the U.K. authorities were the same.” https://nypost.com/2023/11/06/news/texas-southern-tuba-player-punches-heckler-in-the-stands-video/ Marching Band turns into Marching Hands? Texas Southern band member punches heckler in the stands, continues playing - He didn’t miss a beat. A Texas Southern University tuba player swiftly knocked out an obnoxious heckler during a football game Saturday before carrying on playing his instrument. Video taken from the stands during Saturday’s game between Texas Southern and Jackson State shows the college band’s tuba player bouncing along to the music while a fan starts yelling at him. A Jackson State fan can be seen in the footage aggressively yelling at the tuba player, who is attempting to continue playing with the band. Seeming to have had enough of the outburst, the Texas Southern tuba player says something to the man before swiftly punching him four times in the face. The Texas Southern band member then returns to his instrument as if the altercation never happened. In one recording of the incident, the band member can be heard telling the aggressive fan, “F–k off, b—h.” It’s unclear whether the heckler, who stumbled back several feet in the stands, sustained any injuries from the scuffle. It’s also unclear whether police responded to the incident or if any action was taken against the band member. Texas Southern University ended up losing to Jackson State, 21-19. https://www.outkick.com/field-hockey-teammate-issues-bold-statement-against-miaa-for-allowing-male-players-to-compete-against-women/ FIELD HOCKEY CAPTAIN SLAMS MASSACHUSETTS LAW ALLOWING BOYS ON GIRLS TEAMS AFTER BRUTAL INJURY TO HER TEAMMATE Men competing against women in sports spawned another tragic story on Thursday when a female field hockey player suffered significant injuries to her face after taking a shot from a male opponent. The female high schooler played on Dighton-Rehoboth High School’s team, and now the co-captain / teammate of her squad is speaking up and calling for policy change to prohibit men from competing against women to avoid further incidents. Kelsey Bain, who plays on Dighton-Rehoboth and is the co-captain of the field hockey team, posted a letter on X, directed at the MIAA to change the association’s policy that allows men to compete against women. “This is a letter I sent to the MIAA in response to the recent Swampscott vs. Dighton-Rehoboth field hockey incident,” Kelsey Bain posted on X, including the three-page notice. Women’s rights activist and OutKick host Riley Gaines shared Bain’s statement on social media. The man played for Swampscott High School, who played Dighton-Rehoboth in a playoff field hockey contest on Thursday. Under the MIAA’s ruling — the Massachusetts Interscholastic Athletic Association — men can compete against women if a sport does not offer their gender’s league. The man’s shot knocked several of the girl’s teeth out and caused serious facial injuries. Video of the hit shows the girl writhing in pain and screaming. To prevent these incidents from continuing, Kelsey Bain is stepping into the discourse, understanding that the association will not budge on the issue unless they are challenged. Dighton-Rehoboth Superintendent Bill Runey put out a statement, identifying that the opponent was indeed a man and relaying the horror of the team personnel after one of their own suffered a brutal injury. Runey said, “Last night, a female field hockey player for the Dighton-Rehoboth Regional High School girls’ field hockey team sustained significant facial and dental injuries when she was struck in the face by a shot in the third quarter versus Swampscott in an MIAA state playoff contest. “The shot was taken by a male member of the Swampscott girls field hockey team. This injury required hospitalization. The player, her family, teammates, and coaches remain in my prayers.”
This is Garrison Hardie with your CrossPolitic Daily News Brief for Wednesday, November 8th, 2023. Dropwave Do you have a podcast, or thinking about starting one? Does your church have a podcast feed for sermons? Then Dropwave.io is for you. Cancel culture is like walking on a thin glass bridge over the Grand Canyon. Every step you take could get you killed, I mean canceled. Since the beginning CrossPolitic has been working on being antifragile, so no matter what happens, our content can still be delivered to your tv and to your podcast. This past year, the Waterboy and his friend Jeremi, have been working on building a podcast hosting solution for rowdy platforms like CrossPolitic, so that you can be confident your podcast will never fall through that glass bridge. Dropwave offers seamless onboarding for shows that have been around for years to easy to use solutions for starting your own podcast. Dropwave will track all your show’s downloads by city, state, and country, and it offers network and enterprise packages for solutions like the Fight Laugh Feast Network. Free to speak, Free to podcast, free to start your journey now at www.Dropwave.io. https://www.breitbart.com/economy/2023/11/07/bloomberg-u-s-debt-interest-bill-soars-past-1-trillion-a-year/ Bloomberg: U.S. Debt Interest Bill Soars Past $1 Trillion a Year The combination of high levels of debt and higher interest rates has pushed the annualized interest cost of government debt past $1 trillion, an analysis from Bloomberg showed Tuesday. This amounts to a doubling of interest costs over the past 19 months, according to Bloomberg. It is the equivalent of 15.9 percent of the Federal budget for fiscal year 2022. The worsening metrics may reignite debate about the US fiscal path amid heavy borrowing from Washington. That dynamic has already helped drive up bond yields, threatened the return of the so-called bond vigilantes and led Fitch Ratings to downgrade US government debt in August. “There will be further increases to Treasury coupon auctions and T-bills outstanding going forward,” Bloomberg Intelligence strategists Ira Jersey and Will Hoffman wrote in a research note. “Besides deficits of over $2 trillion in the foreseeable future, climbing maturities following the increase of issuance from March 2020 will also need to be refinanced.” The Congressional Budget Office estimates that the cumulative deficit for the 2024–2033 period will total $20.2 trillion, or 6.1 percent of GDP. Deficits are expected to be at least 5.5 percent of GDP every year for the coming decade. Since 1973, the federal government budget deficit has averaged 3.6 percent of GDP. https://dailycaller.com/2023/11/07/van-jones-biden-retire-2024-election-drop-out/ ‘It’s Time’: CNN’s Van Jones Says Biden Needs To Consider Retiring CNN’s Van Jones said Tuesday that President Joe Biden needs to consider retiring following a poll from The New York Times/Siena College. The Sunday poll found president Donald Trump leading Biden by a substantial margin in five out of six key swing states. Biden holds a slight edge within the margin of error over Trump in Wisconsin. Jones argued Biden is in a tough position. Video Plays Several pundits have questioned whether Biden should drop out of the race, with CNN’s David Axelrod saying the president needs to decide whether staying in the race is “in his best interest or the country’s.” Director of Defending Democracy Together Bill Kristol posted on X that Biden needs to make an act of “personal sacrifice.” “It’s time. President Biden has served our country well. I’m confident he’ll do so for the next year. But it’s time for an act of personal sacrifice and public spirit. It’s time to pass the torch to the next generation. It’s time for Biden to announce he won’t run in 2024,” Kristol wrote. https://hotair.com/karen-townsend/2023/11/07/future-darwin-award-winner-tried-to-target-jewish-children-in-americas-midwest-n590580 Future Darwin Award Winner Tried to Target Jewish Children in America's Midwest A woman in Indiana plowed her car into a building she thought was a Jewish school. The police describe her as a terrorist and she was arrested at the scene. Not only was her intention to hurt or kill Jewish school children in their school in Indianapolis but she was completely mistaken about her target. The 34-year-old terrorist woman, allegedly backed her vehicle into a building associated with Black Hebrew Israelites on Friday. She admitted to the police that she specifically targeted the building because she was offended by a Hebrew Israelite symbol in front. This psycho thought she was entitled to try to harm children because she was offended by a symbol in front of the building, apparently. There were several adults and children in the building at the time. However, they were not who the woman thought they were. She said, “Yes. I did it on purpose.” She kept describing the building as the “Israel school” and she spoke about “her people back in Palestine.” According to the Anti-Defamation League, the Israelite School of Universal and Practical Knowledge is a sect of the Black Hebrew Israelites. It is an extremist group that is anti-Israel. The Southern Poverty Law Center (I know) has designated them as a hate group. So, ironically, the unhinged and offended the woman plowed into the building used by a group who hate Israel as she does. She is Darwin Award material. An investigation is underway. There may be additional charges brought against her. The Jewish Federation of Greater Indianapolis said Safe Indiana, a Jewish community security program, is working with cops to probe the incident. “Safety and security for our community is of the utmost importance, and we are more secure and prepared than ever before,” the federation said in a statement. “Although a Jewish facility was not targeted, solely due to ironic misidentification, this is yet another reminder to maintain security protocols, remain vigilant of suspicious activity and to (report promptly) to the appropriate authorities.” These random acts of terror seem to be increasing. FBI Director Christopher Wray recently warned of lone wolf attacks. Wray said Hamas inspired terrorists pose a threat not seen since the days of ISIS. She confessed that she was motivated to do the attack after watching news coverage of the Israel-Hamas war. She is originally from Amman, Jordan. Wray said that while Hamas is assessed to have no capabilities inside the US, other actors – possible radicalized individuals or small groups – could take inspiration from the terror group in a way similar to ISIS. Speaking to the Senate’s Homeland Security Committee, he said: “We assess that the actions of Hamas and its allies will serve as an inspiration, the likes of which we haven’t seen since ISIS launched its so-called caliphate several years ago. “In just the past few weeks, multiple foreign terrorist organizations have called for attacks against Americans and the West.” He said: “Here in the United States, our most immediate concern is that violent extremists – individuals or small groups – will draw inspiration from the events in the Middle East to carry out attacks against Americans going about their daily lives.” She was charged with a preliminary charge of criminal recklessness. Her first court appearance is scheduled for today, November 8. https://www.catholicnewsagency.com/news/255928/vatican-hospital-offers-to-treat-critically-ill-baby-denied-life-support-in-britain Vatican hospital offers to treat critically ill baby denied life support in Britain The Vatican’s pediatric hospital has offered to treat 8-month-old baby Indi Gregory after a British court ruled that she be removed from life support against her parents’ wishes. Gregory, who was born in February, suffers from a rare degenerative mitochondrial disease and has been receiving life-sustaining treatment on a ventilator at the Queen’s Medical Centre in Nottingham, England. After England’s high court ruled that it was in the child’s “best interests” to be taken off life support, Gregory’s parents appealed to take her to Rome for treatment, an appeal that was denied by a British judge over the weekend. The Italian government decided in an emergency meeting on Monday to grant the critically ill child Italian citizenship and to cover the cost of her medical treatment at the Vatican’s Bambino Gesù (jay-zoo) hospital. “They say there isn’t much hope for little Indi, but until the very end, I’ll do what I can to defend her life,” Italian President Giorgia Meloni wrote on social media on Nov. 6. “And to defend the right of her mamma and papa to do all that they can for her.” The Bambino Gesù hospital has previously offered medical treatment to other critically ill children, including Alfie Evans in 2018 and Charlie Gard in 2017, both of whom were ultimately denied the chance to travel to Italy by U.K. courts and died days after being removed from life support. Christian Concern has published a letter from the president of the Bambino Gesù hospital outlining “a detailed treatment plan” for the child, which includes “life-sustaining treatment and palliative care to ensure Indi’s survival and comfort while the treatments take effect.” Andrea Williams, chief executive of Christian Concern and the Christian Legal Centre supporting the Gregorys’ case, has noted that this is believed to be the first time that a parent’s appeal against an order to withdraw life-sustaining treatment has been rejected by the Court of Appeal without a hearing. “The law is there to protect life and the most vulnerable in our society. What is happening in this case sets a very worrying precedent with regard to that principle,” Williams said. “It is very concerning that a child can be held against the parents’ wishes when they have alternative treatment available.” With the newly granted Italian citizenship, the child’s parents, Dean Gregory and Claire Staniforth, can appeal to the Italian consulate in Britain to request that their daughter be airlifted to Italy for treatment, according to Reuters. Simone Pillon (pee-lone), an Italian lawyer assisting the Gregory family, wrote on Nov. 7: “We are working to find an agreement between the two countries to satisfy the family’s request and treat Indi in Rome.” In response to the Italian government’s decision, Dean Gregory, Indi’s father, said: “My heart fills up with joy that the Italians have given Claire and I hope and faith back in humanity. The Italians have shown us care and loving support and I wish the U.K. authorities were the same.” https://nypost.com/2023/11/06/news/texas-southern-tuba-player-punches-heckler-in-the-stands-video/ Marching Band turns into Marching Hands? Texas Southern band member punches heckler in the stands, continues playing - He didn’t miss a beat. A Texas Southern University tuba player swiftly knocked out an obnoxious heckler during a football game Saturday before carrying on playing his instrument. Video taken from the stands during Saturday’s game between Texas Southern and Jackson State shows the college band’s tuba player bouncing along to the music while a fan starts yelling at him. A Jackson State fan can be seen in the footage aggressively yelling at the tuba player, who is attempting to continue playing with the band. Seeming to have had enough of the outburst, the Texas Southern tuba player says something to the man before swiftly punching him four times in the face. The Texas Southern band member then returns to his instrument as if the altercation never happened. In one recording of the incident, the band member can be heard telling the aggressive fan, “F–k off, b—h.” It’s unclear whether the heckler, who stumbled back several feet in the stands, sustained any injuries from the scuffle. It’s also unclear whether police responded to the incident or if any action was taken against the band member. Texas Southern University ended up losing to Jackson State, 21-19. https://www.outkick.com/field-hockey-teammate-issues-bold-statement-against-miaa-for-allowing-male-players-to-compete-against-women/ FIELD HOCKEY CAPTAIN SLAMS MASSACHUSETTS LAW ALLOWING BOYS ON GIRLS TEAMS AFTER BRUTAL INJURY TO HER TEAMMATE Men competing against women in sports spawned another tragic story on Thursday when a female field hockey player suffered significant injuries to her face after taking a shot from a male opponent. The female high schooler played on Dighton-Rehoboth High School’s team, and now the co-captain / teammate of her squad is speaking up and calling for policy change to prohibit men from competing against women to avoid further incidents. Kelsey Bain, who plays on Dighton-Rehoboth and is the co-captain of the field hockey team, posted a letter on X, directed at the MIAA to change the association’s policy that allows men to compete against women. “This is a letter I sent to the MIAA in response to the recent Swampscott vs. Dighton-Rehoboth field hockey incident,” Kelsey Bain posted on X, including the three-page notice. Women’s rights activist and OutKick host Riley Gaines shared Bain’s statement on social media. The man played for Swampscott High School, who played Dighton-Rehoboth in a playoff field hockey contest on Thursday. Under the MIAA’s ruling — the Massachusetts Interscholastic Athletic Association — men can compete against women if a sport does not offer their gender’s league. The man’s shot knocked several of the girl’s teeth out and caused serious facial injuries. Video of the hit shows the girl writhing in pain and screaming. To prevent these incidents from continuing, Kelsey Bain is stepping into the discourse, understanding that the association will not budge on the issue unless they are challenged. Dighton-Rehoboth Superintendent Bill Runey put out a statement, identifying that the opponent was indeed a man and relaying the horror of the team personnel after one of their own suffered a brutal injury. Runey said, “Last night, a female field hockey player for the Dighton-Rehoboth Regional High School girls’ field hockey team sustained significant facial and dental injuries when she was struck in the face by a shot in the third quarter versus Swampscott in an MIAA state playoff contest. “The shot was taken by a male member of the Swampscott girls field hockey team. This injury required hospitalization. The player, her family, teammates, and coaches remain in my prayers.”
Ira Jersey, Chief US interest rate strategist for Bloomberg Intelligence, discusses yields, the Fed, and the US Treasury. Chris Ciolino, with Bloomberg Intelligence, joins to break down Caterpillar earnings. Ken Monaghan, co-director of high yield at Amundi US, joins to discuss high yield, credit markets, and central banks. Tim Craighead, Director of Research and Senior European Strategist at Bloomberg Intelligence, joins to discuss Euro contraction and a 3Q midseason takeaways for Europe. Lukasz Tomicki, founder and Managing Partner at LRT Capital Management, joins to discuss the outlook for markets and gives his stock picks. Claudia Sahm, founder of Sahm Consulting, joins to talk about the Fed, bad economic data, and outlook for a recession. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.
Ethan Bronner, Israel Bureau Chief with Bloomberg News, joins us from Tel Aviv to discuss the latest on the Israel-Hamas war. Ira Jersey, Chief US interest rate strategist for Bloomberg Intelligence, discusses the bond market rout and Fed speak from yesterday. Ken Shea, Senior Analyst: Beverages, Tobacco, and Cannabis with Bloomberg Intelligence, joins to break down PepsiCo earnings. Sam Dagher, reporter on Saudi Arabia with Bloomberg News, joins from Dubai to talk about the break down in a potential deal between Saudia Arabia and Israel, why Hamas may have seen that as a threat, and the geopolitical risks that come as a result. Fernando Valle, Senior Analyst with Bloomberg Intelligence, joins to discuss the impact on oil amid the war in Israel and his note on Chevron being most exposed in Israel attacks. He can also get into the Exxon-Pioneer potential deal. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.
Ira Jersey, Chief US interest rate strategist for Bloomberg Intelligence, discusses the Fed. Duane Wright, Senior Government Analyst with Bloomberg Intelligence, joins to talk drug-pricing negotiations. Elliott Stein, Bloomberg Intelligence Senior Litigation Analyst, and Matt Sigel, Head of Digital Asset Research at VanEck, discuss the US court ruling against the SEC in the Grayscale ruling. Herman Chan, Senior Regional Banks Analyst with Bloomberg Intelligence, and Nathan Dean, Senior Policy Analyst with Bloomberg Intelligence, discuss the FDIC proposing new debt rules. Stephanie Brinley, Associate Director of Research and Analysis at S&P Global, joins to talk about VinFast's rapid rise to become the world's third most valuable carmaker, VinFast's place in the market, and their initiatives and plans. Fernando Valle, Senior Analyst with Bloomberg Intelligence, joins to talk about the impact of possible strikes at Chevron in Australia and other global energy market pressures and issues. Molly Boesel, Principal Economist at CoreLogic, discusses the latest findings in the CoreLogic Case-Shiller Home Price Index. Hosted by Jess Menton and Simone Foxman.See omnystudio.com/listener for privacy information.
Ira Jersey, Chief US Interest Rates Strategist at Bloomberg Intelligence, joins to discuss the Fed and global eco pressures. Brooke Sutherland, columnist with Bloomberg Opinion, joins to break down Deere earnings and gives us an update on US Steel. Angelo Zino, Senior Industry Analyst at CFRA Research, joins to talk about the tech space, specifically as it comes to tech companies and smaller dividends they hand out. Mike McGlone, Senior Macro Strategist with Bloomberg Intelligence, joins to discuss Bitcoin's slide and oil's rise. Jamie Patton, co-head of global rates at TCW, joins to discuss inflation and outlook for the economy. Charles Gillespie, CEO at Gambling.com Group (NASDAQ: GAMB), joins to discuss his company's earnings and the Penn Entertainment-ESPN deal and what it means for the sports gambling industry. Matt talks about the latest car he's driving this week. Kyle Stock, Senior Correspondent with Bloomberg Businessweek, joins for analysis. Hosted by Paul Sweeney and Matt Miller.See omnystudio.com/listener for privacy information.
Nick Akerman, former assistant Special Watergate prosecutor, discusses the legal fallout from Trump indictment. Ira Jersey, Chief US Interest Rate Strategist with Bloomberg Intelligence, joins to discuss the Fitch US ratings downgrade. Selma Hepp, Chief Economist at CoreLogic, joins to discuss housing data and her recent note. Joe Mathieu, host of Bloomberg Radio's “Sound On” and BTV's “Balance of Power,” joins to discuss the political fallout from the Trump indictment. Tim Craighead, Senior European Strategist and director of research with Bloomberg Intelligence, joins to discuss his second half outlook for UK markets and how the Fitch ratings are affecting, or not affecting, overseas markets. Sonia Meskin, Investment Strategist and head of US Macroeconomic Analysis at BNY Mellon, joins to discuss a potential soft landing for the US economy, Fitch rating downgrade, and gives her market outlook. Brian Egger, Senior Industry Analyst of Gaming & Lodging with Bloomberg Intelligence, joins to talk about Norwegian cruise earnings, Carnival junk bonds, and previews MGM and Hyatt earnings. Hosted by Paul Sweeney and Molly Smith.See omnystudio.com/listener for privacy information.
Ira Jersey, Chief US interest rate strategist for Bloomberg Intelligence, discusses the Fed and the 10-year yield. PJT Partners CEO Paul Taubman speaks with Bloomberg's Sonali Basak for a rare interview to discuss his firm, M&A, and AI in investment banking. Chris Ciolino, Industrial Analyst with Bloomberg Intelligence, joins to break down Caterpillar earnings. Nimrit Kang, CIO and Senior Portfolio Manager at North Star Asset Management, joins to discuss investing strategies and gives her market outlook. Chris Tomasso, CEO at First Watch (NASDAQ: FWRG), joins to discuss earnings and industry outlook. Jim Taylor, CEO at Brixmor (NYSE: BRX), joins to discuss his company's earnings and industry outlook. Uber CEO Dara Khosrowshahi joins Emily Chang and Ed Ludlow on Bloomberg Technology for an interview on earnings. Hosted by Paul Sweeney and Jess Menton.See omnystudio.com/listener for privacy information.