In this episode, Kate is joined by Dan Egan, author of the Devil's Element: Phosphorous and a World Out of Balance. Why phosphorus? Phosphorus is vital for life on Earth and plays a pivotal role in fertilizers that sustain agriculture. However, it's also a finite resource where its overuse in fertilizers has led to significant environmental concerns such as toxic algae blooms. The history of phosphorus, from its isolation as an element, to its sordid history and its various applications, including warfare, is explored. Somehow, phosphorous is at the heart of our food system, the conception of the soap opera, the Clean Water Act, and the children's rhyme “Shelly sells seashells by the seashore.” Its history is nothing short of sordid and it is “the gravest natural resource shortage you've never heard of.” Dan and Kate also explore future sources of phosphorous and whether or not waste is really waste at all. This is an essential part of understanding agricultural systems and a great interview. Find Dan-the Devil's Element: Phosphorous and a World Out of BalanceResources Mentioned: Farmer's of Forty Centuries: Organic Farming in China, Korea, and Japan by F. H. KingInterview with Dan on Sustainable DishSupport the Podcast:SubstackLeave a one-time TipCurrent Discounts for MBS listeners:15% off Farm True ghee and body care products using code: KATEKAV1510% off Home of Wool using code KATEKAVANAUGH15% off Bon Charge blue light blocking gear using code: MINDBODYSOIL15
Michael Bungay Stanier is an author of several best selling books including the Coaching Habit which has sold over 1 million copies. He is also a Rhodes Scholar, created of Box of Crayons, and keynote speaker. MBS has made a major impact on my life both personally and professionally and it's always an honor to learn from him.Topics-Why curiosity is a super power-What makes a GREAT question-Understanding the keystone conversation-Coaching the person AND the player-How to create a safe environment for your athletes-6 keys to maintain great relationshipsGet your FREE download of the Top 30 books written by Mindset Advantage Guests at www.djhillier.com/30booksGet your FREE sample of LMNT at www.drinkLMNT.com/mindsetadvantageIf you found value in this episode be sure to leave a rating, review, and share it on your social medias.
Episode Description: Karl and Erum are joined by Gabe and Samet to discuss alternative proteins and the meat market. They highlight the significance of storytelling in biotech to expand the market and the role of early adopters in this process. The conversation touches on the environmental impact of animal agriculture and the advantages of alternative protein sources. The group explores how technology can revolutionize the availability of premium products in the mass market and shares insights on the initial launch strategy through partnerships and food service. They also delve into the possibilities of culturing extinct and unique animals. Karl and Erum stress the importance of networking and building connections within the synthetic biology space. Grow Everything brings to life the bioeconomy when hosts Karl Schmieder and Erum Azeez Khan share stories from the field and interview leaders and influencers in the space. Life is a powerful force and it can be engineered. What are we creating? Learn more at www.messaginglab.com/groweverything Topics Covered: 00:00:00 - Introduction & the Future of Food 00:01:13 - Celebrating Thanksgiving & Food Innovations 00:03:08 - Guest Introduction: Gabe & Samet's Background 00:04:46 - Environmental Impact of Traditional Livestock Farming 00:07:30 - The Science Behind Cultured Meats 00:09:16 - Scaling Up Cell-Ag Technologies 00:11:03 - Consumer Perceptions and Acceptance 00:13:58 - Regulatory Landscape and Safety 00:15:45 - Comparison to Plant-based Proteins 00:18:30 - Economic Implications and Price Parity 00:20:15 - Innovations in Cellular Agriculture 00:22:59 - Strategies for a Sustainable Food Future 00:24:48 - The Role of Traditional Meat in Culture 00:26:35 - The Evolution of Meat Consumption 00:28:23 - Livestock's Contribution to Greenhouse Gases 00:30:11 - Land Use and Agriculture's Big Picture 00:31:57 - Cellular Agriculture vs. Insect Protein 00:33:42 - The Potential to Transform Livestock Farming 00:35:31 - Food Diversity and Consumer Choice 00:37:17 - FDA's Support for Cellular Agriculture 00:39:00 - Bioreactors and the Future of Food Production 00:42:37 - Consumer Interest and Storytelling Importance 00:44:26 - Comparing Biotech Examples from Other Industries 00:46:15 - Small-scale Bioreactors and Distribution Models 00:48:02 - Wrap-Up & Closing Thoughts on Cellular Agriculture Episode Links: Samet S. Yildirim, MSc, MBS on LinkedIn Gabriel Levesque-Tremblay on LinkedIn Rethink X Report on Food and Agriculture Orbillion Bio Get $200 off Synbiobeta tickets, use code: “messaginglab” Call or Text the Grow Everything Hotline: +1 804-505-5553 Have a question or comment? Message us here: Instagram / TikTok / Twitter / LinkedIn / Youtube / GrowEverything website Email: email@example.com Support here: Patreon Music by: Nihilore Production by: Amplafy Media --- Send in a voice message: https://podcasters.spotify.com/pod/show/messaginglab/message
Amit Sharma, CEO and Founder of FinClusive Capital, a hybrid fin-/reg-tech company based in the United States, joins The 966 to talk digital banking, fintech and more. Finclusive, headquartered in New York, New York, is a global compliance, digital identity and payments platform for a new era of financial services. The 966 talks about the sector, FinClusive's approach to streamline services for clients, and the rise of the sector in Saudi Arabia.
This episode of DEMENTES: Success Stories, is a conversation with Jeroen Posma, an entrepreneur with years of experience in the global business scene, having lived and worked in 15 countries. Back in 2011, Jerome founded Mexico Business Publishing, a company that releases a portfolio of eight high-level annual reviews about Mexico's key industries. Two years later, in 2013, he founded Mexico Business Events, where they organized conferences for the biggest industry and political leaders. In this episode we talked about: -The story of Mexico Business -Why you can't plan greatness -Starting with something small -The perks of underestimating the road Find out more about MBS here: dementes.mx/mbs ** Este episodio de DEMENTES: Casos de Éxito, es una conversación con Jeroen Posma, un emprendedor con 15 años de experiencia en los negocios internacionales que ha vivido y trabajado en 15 países distintos. En 2011, Jeroen fundó Mexico Business Publishing, una editorial que publica una cartera de ocho revisiones anuales de alto nivel dedicadas a las principales industrias de México. En 2013, creó Mexico Business Events, una empresa que organiza conferencias para líderes empresariales y políticos de la industria. Encuentra más información sobre el Mexico Business Summit en dementes.mx/mbs. En este episodio hablamos sobre: -La historia de Mexico Business -No puedes planear la grandeza -Empezar con algo pequeño -Las ventajas de no saber lo que te espera Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, Kate sits down with author Cat Bohannan to talk about her book Eve: How the Female Body Drove 200 Million Years of Human Evolution. This conversation takes you on a captivating journey through the intricacies of human evolution viewed through the stories our bodies have to tell - and the female body in particular. In this podcast, they explore elements of the book as well as exploring what it means to look at the narrative arc of female bodies through deep time. We look at how our evolution is a product of environment, culture, behaviors, context, and bodies exploring topics like menopause and menstruation, tool use, mating behaviors, and so much more. Cat shares a message of agency and empowerment and what it might mean to think about how the human species might evolve from here. Find Cat:Eve: How the Female Body Drove 200 Million Years of Human EvolutionX (Twitter): @catbohannonBooks Mentioned in the Podcast:Ultra-Processed People by Chris van TullekenSkin: A Natural History by Nina Jablonsky Current Discounts for MBS listeners:15% off Farm True ghee and body care products using code: KATEKAV1520% off Home of Wool using code BF 20 through November 27th (code KATEKAVANAUGH for 10% after that). Support the Podcast:SubstackLeave a one-time Tip
The 966 speaks with Dr. Mehmood Khan, CEO of Saudi Arabia's Hevolution Foundation, a global non-profit revolutionizing the healthspan field launched by Royal Decree and chaired by HRH the Crown Prince Mohammed bin Salman. Dr. Khan shares his journey, Hevolution's vision and insights into how he is working to build the organization's operations from the ground up. The 966's conversation with Dr. Khan takes place ahead of Hevolution's inaugural Global Healthspan Summit on Nov. 29-30 in Riyadh, Saudi Arabia. The two-day event at the Four Seasons Hotel promises to serve as a seismic shift in how the world perceives and acts, catalyzing the discussion from lifespan to healthspan.Dr. Khan's interview begins at the 7:55 mark. #Hevolution is headquartered in Riyadh with additional international hubs to support the expansion and execute the global mission. Its vision is to expand healthy human lifespan for the benefit of all humanity. Hevolution Foundation aims to be positioned as a global leader, catalyst, partner, and convener, to increase the number of scientists entering the field, to increase the investable opportunities in the field of aging, to help shape the regulatory and government environment.Dr. Khan also currently serves as the Executive Chairman of Life Biosciences Inc. where he joined the company in April 2019 as the Chief Executive Officer and Board Member. Life Biosciences was founded to advance scientific research and develop innovative new therapies to improve and extend healthy lives for everyone.Dr. Khan previously served as Vice Chairman and Chief Scientific Officer of Global Research and Development at PepsiCo, a Fortune 50 company employing upwards of 250,000 employees across 22 brands. At PepsiCo, Dr. Khan played a pivotal role in the company's global R&D efforts to create breakthrough innovations in food, beverages, and nutrition, including the incorporation of healthier and more nutritious offerings across its portfolio. Dr. Khan also oversaw PepsiCo's global sustainability initiatives based on the belief that success in business is inextricably linked to the sustainability of the world we share. Prior to joining PepsiCo, Dr. Khan served as President of Global R&D at Takeda Pharmaceuticals, leading the global efforts of one of the largest pharmaceutical companies in the world by revenue.Before moving into industry, Dr. Khan had a distinguished medical career as a faculty member in endocrinology at the Mayo Clinic and Mayo Medical School where he served as Director of the Diabetes, Endocrine and Nutritional Trials Unit. He also spent nine years leading programs in diabetes, endocrinology, metabolism and nutrition in Minneapolis, MN.Dr. Khan is currently a member of the Board of Directors of Reckitt Benckiser.
C'est un sommet extraordinaire inédit qui s'est tenu, les 11 et 12 novembre 2023, à Riyad sous les auspices du prince héritier saoudien, Mohammed Ben Salman. Une réunion conjointe de la Ligue arabe et de l'Organisation de la coopération islamique qui se tenait après 35 jours de guerre, et qui a rassemblé à la fois les alliés de MBS, comme le roi Abdallah II de Jordanie, le président de l'Autorité Palestinienne, Mahmoud Abbas ou encore le président égyptien Al Sissi et ses rivaux, le président iranien Raïsi, le président turc Erdogan et l'émir du Qatar, autour de la situation à Gaza. Un sommet marqué par une forte intransigeance de l'Iran, tête de pont de « l'axe de la résistance » à Israël et qui a appelé à l'isolement politique et économique de l'État hébreu. Ce sommet a également révélé ou confirmé des divergences, certains pays voulant préserver leurs relations diplomatiques avec Israël et la médiation américaine sur le dossier palestinien. Les leaders des États du Golfe ont, en particulier, repoussé la tentative menée par Téhéran d'appeler à un armement des Palestiniens. Regard sur les bouleversements des alliances traditionnelles au Moyen-Orient. Quelle suite y aura-t-il à ce sommet ? Invités : Héléne Sallon, correspondante Moyen-Orient du quotidien Le Monde Emma Soubrier, directrice de PRISME Initiative (Pathways to Renewed and Inclusive Security in the Middle East), chercheure associée à l'Institut de Paix et du Développement, LADIE, Université Côte d'Azur Fatiha Dazi Heni, chercheuse Golfe/Moyen-Orient à l'Institut de Recherche Stratégique de l'École Militaire, spécialiste des monarchies de la Péninsule arabique. « L'Arabie Saoudite en 100 questions », Éd. Tallandier.
Mountain Brook Schools is excited to share the stories of its faculty and staff members throughout the district! Listen to this episode to learn about our MBS family, who they are, what they are interested in and what Mountain Brook Schools means to them! On this episode, Cherokee Bend Elementary Child Nutrition Program Manager, Yolanda Lewis.
From high yield and investment grade credit to emerging markets and securitized debt, what will 2024 hold for fixed income investors? Our panel of experts weighs in on the opportunities and risks ahead.Moderator: Matt Livas, Head of Client Portfolio Management for Public Fixed IncomePanelists:Ricardo Adrogue, Head of Global Sovereign Debt & CurrenciesYulia Alekseeva, Portfolio Manager & Head of Securitized ResearchBrian Pacheco, Portfolio Manager, Global High YieldEpisode Segments:(05:16) – Where to next for rates?(08:09) – Can the strength in high yield continue?(12:03) – Cracks in the U.S. consumer's balance sheet(15:17) – Assessing corporate fundamentals today(17:30) – The default outlook for 2024(21:36) – Why today looks like the late-90's for EMs(25:23) – Opportunities in sovereign debt today(28:00) – The most attractive value on offer in high yield(30:14) – The opportunity in agency MBS(33:28) – One move for institutional investors to consider(36:54) – Lightning Round: U.S. recession / Election outcome / Rates / Top Performers(40:59) – Bold Predictions for 2024Book/Podcast Recommendations from our Panelists:Titan: The Life of John D. Rockefeller, Sr. – ChernowHidden Potential: The Science of Achieving Greater Things – GrantDr. Gio Valiante on Peak Performance – The Meb Faber ShowCertain statements about Barings LLC made by the participants herein may be deemed to be “testimonials” or “endorsements” as those terms are defined in rule 206(4)-1 under the Investment Advisers Act of 1940, as amended. Participants were not compensated in connection with their participation in this program, although in certain cases they are investors in Barings LLC sponsored vehicles. These investments subject such participants to potential conflicts of interest in making the statements herein.IMPORTANT INFORMATIONAny forecasts in this podcast are based upon Barings' opinion of the market at the date of preparation and are subject to change without notice, dependent upon many factors. Any prediction, projection or forecast is not necessarily indicative of the future or likely performance. Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Any examples set forth in this podcast are provided for illustrative purposes only and are not indicative of any future investment results or investments. The composition, size of, and risks associated with an investment may differ substantially from any examples set forth in this podcast. No representation is made that an investment will be profitable or will not incur losses. Barings is the brand name for the worldwide asset management and associated businesses of Barings LLC and its global affiliates. Barings Securities LLC, Barings (U.K.) Limited, Barings Global Advisers Limited, Barings Australia Pty Ltd, Barings Japan Limited, Barings Real Estate Advisers Europe Finance LLP, BREAE AIFM LLP, Baring Asset Management Limited, Baring International Investment Limited, Baring Fund Managers Limited, Baring International Fund Managers (Ireland) Limited, Baring Asset Management (Asia) Limited, Baring SICE (Taiwan) Limited, Baring Asset Management Switzerland Sarl, and Baring Asset Management Korea Limited each are affiliated financial service companies owned by Barings LLC (each, individually, an “Affiliate”).NO OFFER: The podcast is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This podcast is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy.Unless otherwise mentioned, the views contained in this podcast are those of Barings and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. Parts of this podcast may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this podcast is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the informationAny service, security, investment or product outlined in this podcast may not be suitable for a prospective investor or available in their jurisdiction.Copyright in this podcast is owned by Barings. Information in this podcast may be used for your own personal use, but may not be altered, reproduced or distributed without Barings' consent.23-3225881
Michael Bungay Stanier has a gift for distilling big, complex ideas into practical, accessible knowledge for everyday people that helps them be a force for good.His books have sold over a million copies, with The Coaching Habit topping the Wall Street Journal bestseller list. MBS has been featured on the blogs and social media platforms of thought leaders including Seth Godin, Tim Ferriss, and Brené Brown, and has appeared on ABC, BBC, CBC, Ted.com, and innumerable podcasts―as well as in notable publications including the Harvard Business Review, Forbes, Inc., and Fast Company.MBS is the founder of Box of Crayons, a learning and development company, that helps organizations move from advice-driven action to curiosity-led transformation. They have trained more than half a million people for clients including Microsoft, Salesforce, TELUS and Gucci.Before establishing Box of Crayons, MBS's accomplishments included publishing an academic article on James Joyce and a Harlequin-esque short story; playing small roles in helping invent Pizza Hut's Stuffed Crust pizza and creating “one of the worst single-malt whiskies in existence”; and spending 20 minutes writing what has remained GlaxoSmithKline's global vision for more than 20 years.A former Rhodes Scholar, MBS is an Australian who now lives in Toronto, Canada.You can join others committed to being a force for change at MBS.worksLink to claim CME credit: https://www.surveymonkey.com/r/3DXCFW3CME credit is available for up to 3 years after the stated release dateContact CEOD@bmhcc.org if you have any questions about claiming credit.
Our roundtable discussion on the future of the global economy and markets continues, as our analysts preview what is ahead for government bonds, currencies, housing and more. ----- Transcript -----Vishy Tirupattur: Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. This is part two of our special roundtable discussion on what is ahead for the global economy and markets in 2024. It's Tuesday, November 14th at 10 a.m. in New York. Yesterday you heard from Seth Carpenter, our Global Chief Economist, and Mike Wilson, our Chief Investment Officer and the Chief U.S. Equity Strategist. Today, we will cover what is ahead for government bonds, corporate credit, currencies and housing. I am joined by Matt Hornbach, our Chief Macro Strategist, James Lord, the Global Head of Currency and Emerging Markets Strategy, Andrew Sheets, Global Head of Credit Research, and Jay Bacow, Co-Head of U.S. Securities Products.Vishy Tirupattur: Matt, 2023 was quite a year for long end government bond yields globally. We saw dramatic curve inversion and long end yields reaching levels we had not seen in well over a decade. We've also seen both dramatic sell offs and dramatic rallies, even just in the last few weeks. Against this background, how do you see the outlook for government bond yields in 2024? Matt Hornbach: So we're calling our 2024 outlook for government bond markets the land of confusion. And it's because bond markets were whipped around so much by central banks in 2023 and in 2022. In the end, what central banks gave in terms of accommodative monetary policy in 2020 and 2021, they more than took away in 2022 and this past year. At least when it came to interest rate related monetary policies. 2024, of course, is going to be a pretty confusing year for investors because, as you've heard, our economists do think that rates are going to be coming down, but so too will balance sheets. But for the past couple of years, both G10 and EM central banks have raised rates to levels that we haven't seen in decades. Considering the possibility that equilibrium rates have trended lower over the past few decades, central bank policy rates may be actually much more restricted today than at any point since the 1970s. But, you know, we can't say the same for central bank balance sheets, even though they've been shrinking for well over a year now. They're still larger than before the pandemic. Now, our economists forecast continued declines in the balance sheets of the Fed, the ECB, the Bank of England and the Bank of Japan. But nevertheless, in aggregate, the balance sheet sizes of these G4 central banks will remain above their pre-pandemic levels at the end of 2024 and 2025.Vishy Tirupattur: Matt, across the developed markets. Where do you see the best opportunity for investors in the government bond markets? Matt Hornbach: So Vishy we think most of the opportunities in 2024 will be in Europe given the diverging paths between eurozone countries. Germany, Austria and Portugal will benefit from supportive supply numbers, while another group, including Italy, Belgium and Ireland will likely witness a higher supply dynamic. Our call for a re widening of EGB spreads should actually last longer than we originally anticipated. Elsewhere in Europe, we're expecting the Bank of England to deliver 100 basis points of cumulative cuts by the end of 2024, and that compares to significantly less that's priced in by the market. Hence, our forecasts for gilts imply a much lower level of yields and a steeper yield curve than what you see implied in current forward rates. So the UK probably presents the best duration and curve opportunity set in 2024. Vishy Tirupattur: Thank you, Matt. James, a strong dollar driven by upside surprises to U.S. growth and higher for longer narrative that has a world during the year characterized the strong dollar view for much of the year. How do you assess 2024 to be? And what differences do you expect between developed markets and emerging market currency markets? James Lord: So we expect the recent strengthening of US dollar to continue for a while longer. This stronger for a longer view on the US dollar is driven by some familiar drivers to what we witnessed in 2023, but with a little bit of nuance. So first, growth. US growth, while slowing, is expected to outperform consensus expectations and remain near potential growth rates in the first half of 2024. This is going to contrast quite sharply with recessionary or near recessionary conditions in Europe and pretty uncompelling rates of growth in China. The second reason we see continued dollar strength is rate differentials. So when we look at our US and European rate strategy teams forecasts, they have rates moving in favor of the dollar. Final reason is defense, really. The dollar likely is going to keep outperforming other currencies around the world due to its pretty defensive characteristics in a world of continued low growth, and downside risks from very tight central bank monetary policy and geopolitical risks. The dollar not only offers liquidity and safe haven status, but also high yields, which is of course making it pretty appealing. We don't expect this early strength in US Dollar to last all year, though, as fiscal support for the US economy falls back and the impact of high rates takes over, US growth slows down and the Fed starts to cut around the middle of the year. And once it starts cutting, our U.S. econ team expects it to cut all the way back to 2.25 to 2.5% by the end of 2025. So a deep easing cycle. As that outlook gets increasingly priced into the US rates, market rate differentials start moving against the dollar to push the currency down. Vishy Tirupattur: Andrew, we are ending 2023 in a reasonably good setup for credit markets, especially at the higher quality end of the trade market. How do you expect this quality based divergence across global trade markets to play out in 2024? Andrew Sheets: That's right. We see a generally supportive environment for credit in 2024, aided by supportive fundamentals, supportive technicals and average valuations. Corporate credit, especially investment grade, is part of a constellation of high quality fixed income that we see putting up good returns next year, both outright and risk adjusted. When we talk about credit being part of this constellation of quality and looking attractive relative to other assets, it's important to appreciate the cross-asset valuations, especially relative to equities, really have moved. For most of the last 20 years the earnings yield on the S&P 500, that is the total earnings you get from the index relative to what you pay for it, has been much higher than the yield on U.S. triple B rated corporate bonds. But that's now flipped with the yield on corporate bonds now higher to one of the greatest extents we've seen outside of a crisis in 20 years. Theoretically, this higher yield on corporate bonds relative to the equity market should suggest a better relative valuation of the former. So what are we seeing now from companies? Well companies are buying back less stock and also issuing less debt than expected, exactly what you'd expect if companies saw the cost of their debt as high relative to where the equities are valued. A potential undershoot in corporate bonds supply could be met with higher bond demand. We've seen enormous year to date flows into money market funds that have absolutely dwarfed the flows into credit. But if the Fed really is done raising rates and is going to start to cut rates next year, as Morgan Stanley's economists expect, this could help push some of this money currently sitting in money market funds into bond funds, as investors look to lock in higher yields for longer. Against this backdrop, we think the credit valuations, for lack of a better word, are fine. With major markets in both the U.S. and Europe generally trading around their long term median and high yield looking a little bit expensive to investment grade within this. Valuations in Asia are the richest in our view, and that's especially true given the heightened economic uncertainty we see in the region. We think that credit curves offer an important way for investors to maximize the return of these kind of average spreads. And we like the 3 to 5 year part of the U.S. credit curve and the 5 to 10 year part of the investment grade curve in Europe the most. Vishy Tirupattur: Thanks, Andrew. Jay, 2023 was indeed a tough year for the agency in the US market, but for the US housing market it held up quite remarkably, despite the higher mortgage rates. As you look ahead to 2024, what is the outlook for US housing and the agency MBS markets and what are the key drivers of your expectations? Jay Bacow: Let's start off with the broader housing market before we get into the views for agency mortgages. Given our outlook for rates to rally next year, my co-head of securitized products research Jim Egan, who also runs US housing, thinks that we should expect affordability to improve and for sale inventory to increase. Both of these developments are constructive for housing activity, but the latter provides a potential counterbalance for home prices. Now, affordability will still be challenged, but the direction of travel matters. He expects housing activity to be stronger in the second half of '24 and for new home sales to increase more than existing home sales over the course of the full year. Home prices should see modest declines as the growth in inventory offsets the increased demand. But it's important to stress here that we believe homeowners retain strong hands in the cycle. We don't believe they will be forced sellers into materially weaker bids, and as such, we don't expect any sizable correction in prices. But we do see home prices down 3% by the end of 2024. Now, that pickup in housing activity means that issuance is going to pick up as well in the agency mortgage market modestly with an extra $50 billion versus where we think 2023 ends. We also think the Fed is going to be reducing their mortgage portfolio for the whole year, even as Q2 starts to taper in the fall, as the Fed allows their mortgage portfolio to run off unabated. And so the private market is going to have to digest about $510 billion mortgages next year, which is still a concerning amount but we think mortgages are priced for this. Vishy Tirupattur: Thanks, Jay. And thank you, Matt, James and Andrew as well. And thank you to our listeners for joining us for this 2 part roundtable discussion of our expectations for the global economy and the markets in 2024. As a reminder, if you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.
Back by popular demand - Jared Schlosser from Ep. 20 joins the show to discuss a whole host of random topics. We poured a bourbon and just started talking. The conversation included: -Favorite bourbon brands; -Haloweeen costumes; -All time WWE legends cage match; -UGA and Kirby; -state of the Falcons; -why the Braves lose in the postseason; -MBS v. The Battery; -Deion at Colorado; -trips to 30A; -Real estate investments; -does San Francisco make it back; -Content - consuming vs. creating; -Country Music - the good and bad; -work travel; -hoodies v. q zips v. business attire; -why do podcasts; -Buccees And more. As always, this episode is powered by the J. Stein Law Firm - a personal injury law firm in Atlanta, GA - www.jsteinlawfirm.com.
GrowCast Team Member and legendary natural farming expert Marybeth Sanchez is back on the program! MBS is wrapping up her harvest on her amazing property, and talks about her full season cycle and regenerating her land. The conversation turns towards helping growers identify issues in their garden, and Marybeth shares some important tips on identifying problems. She starts by focusing on soil borne pathogens and how they attack your plant tissue DIFFERENTLY than nutrient issues. This is an important distinction because many growers misdiagnose a pathogen as a deficiency, and try to treat the issue with more minerals- which will only worsen the problem. This leads to a larger conversation about how to approach a deficiency in general, and how you should address all other possible solutions before just adding more nutrients. GrowCast Membership Weekly Live Streams - Personal Garden Advice- 100s of HOURS of Bonus Content - MEMBERS ONLY DISCOUNTS! Join the greatest community in cannabis! GrowCast Seed Co Only 6 Lo-Hi Thai left! FIRE genetics straight from Rhizo Rich! Members get $20 off PER PACK! *Rooted Leaf Carbon Based Nutrients - liquid organic nutrients with NO NEED to PH! Visit www.rootedleaf.com and use code GROWCAST for 20% off, just add to filtered water and watch the EXPLOSIVE growth!* Code growcast15 now works with grow KITS from AC Infinity! www.acinfinity.com use promo code growcast15 for 10% off the BEST grow fans in the game, plus tents, pots, scissors, LED lights, and now REFILLABLE FILTERS!
Tim Callen, ex-IMF Mission Chief to Saudi Arabia and Visiting Fellow at AGSIW, joins The 966 to discuss Saudi Arabia's budget, government spending, and more. Tim's most recent piece for AGSIW discusses how increased spending in Saudi Arabia raises risks to the Saudi budget. The hosts take advantage of Tim's extensive experience and vast knowledge on how Saudi Arabia's budgeting and fiscal policy works. At the IMF, he was responsible for engagement with the government of Saudi Arabia and for the institution's research and publications on the country. He also led the IMF's research program on the GCC region. From 2021-22, he served as special advisor to the executive director for Saudi Arabia at the IMF's Executive Board. Callen's research interests focus on oil exporting countries and include prospects and policies for economic diversification away from oil, frameworks and institutions to limit procyclical fiscal policy, and appropriate exchange rate policies. Before the discussion, the hosts discuss Richard's One Big Thing, a follow up to a recent episode The 966 did with experts Mansour El-Zahab and Zeynep Kösereisoğlu from Frontierview on the Regional HQ program, commonly referred to as the "#RHQ" program. The RHQ program is the requirement that companies seeking to contract with the Saudi government or its affiliates must have their regional headquarters within Saudi Arabia and not in any neighboring nations. Foreign companies are scrambling to meet a Saudi deadline to locate their regional headquarters in the kingdom by January or risk losing hundreds of billions of dollars in government contracts in Saudi Arabia if their regional headquarters are based elsewhere.Then the hosts discuss Lucien's One Big Thing, a preview of an exciting mega-conference coming up presented by the #Hevolution Foundation called the Global Healthspan Summit, and some interesting and exciting announcements for The 966 in the coming weeks. The hosts conclude as always with Yallah! 6 top storylines to get you up to speed heading into the weekend. -Saudi Arabia has postponed the fifth Arab-African summit that was scheduled for Friday and will, instead, host emergency Arab League and Organisation of Islamic Co-operation summits on Friday and Saturday to discuss Israel's war on Gaza.-Foreign direct investment into Saudi Arabia rose 22 per cent annually last year as the kingdom continues to pursue its economic transformation agenda and open up more sectors for foreign investments.-International investors no longer have to visit a Saudi embassy to get a visa to travel to the Kingdom after the process for applying for the permit was moved online. The government have introduced the second phase of the “Investor Visitor” e-visa service, expanding its coverage from nearly 60 nations to include all countries worldwide, as reported by the Saudi Press Agency. -Saudi Arabia was recently crowned the Overwatch World Cup Champions at the Overwatch World Cup becoming the first team from the Middle East to win the tournament. -The Red Sea International Film Festival (Red Sea IFF) has unveiled the line-up for its Competition and Arab Spectacular strands.The festival will take place from November 30-December 9 in the port city of Jeddah under the theme 'Your Stories, Your Festival.'-The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh.
Lindsey Browne Davis is a writer, hunter, entrepreneur, and naturalist. Based in Salt Lake City, Lindsey draws from her experiences farming, foraging, hunting, and running businesses to talk candidly about chasing our dreams, even when it feels almost impossible. This is a wide ranging and inspiring podcast where we discuss the overlap between stewarding land and our own bodies, building connection with our ecosystem, failing, hunting, and being a citizen scientist. Lindsey has a way of explaining both the terrain around her and her inner terrain with aplomb. We explore ecosystem services and how to be of service to your ecosystem. She also talks about her hope for her (now born!) baby and what life may look like as a mother and hunter both. Find LindseyInstagram: @lindsey.browne.davisWebsiteSupport the Podcast:SubstackLeave a one-time TipCurrent Discounts for MBS listeners:15% off Farm True ghee and body care products using code: KATEKAV1510% off Home of Wool using code KATEKAVANAUGH15% off Bon Charge blue light blocking gear using code: MINDBODYSOIL15
As the UK government announces plans for an independent football regulator, how well governed and regulated is sport internationally? In this episode we look specifically at how Saudi Arabia is extending its global geopolitical reach through football, golf, F1 and esports, despite its well documented human rights abuses. The repressive regime of Crown Prince Mohammed bin Salman - or MBS - has effectively been guaranteed the right to host the 2034 soccer World Cup after its only rival Australia dropped out. This fits with Saudi Arabia's plan to 'sportswash' its reputation - and exercise political power, too. Adrian Goldberg is joined by Stanis Elsborg who's been investigating the Riyadh government for Play The Game an organisation based at Danish Institute for Sports Studies.Produced in Birmingham by Adrian Goldberg and Harvey White. Funded by subscriptions to the Byline Times. Made by We Bring Audio for Byline Times. Hosted on Acast. See acast.com/privacy for more information.
November 06, 2023 "Big Apple Beatings Abound" • UFC São Paulo Recap -Jailton Almeida vs Derrick Lewis • MMA News -PPV Main Events for Jan, Feb, and Mar -Pennington vs MBS for Vacant 135 Title -Fury vs Ngannou Aftermath Talk • UFC 295 Preview -Jiri Prochazka vs Alex Pereira -Sergei Pavlovich vs Tom Aspinall
In Episode 110, Maria Medvedeva, Vice President, Saudi Arabia and Bahrain for MasterCard joins to discuss the company's KSA strategy, fintech, payments, innovation, and her experiences living and working in a changing and evolving Saudi Arabia. Maria, based in Riyadh with her family, is responsible for Mastercard's growth strategy and delivering innovative payment experiences for consumers and merchants.Before the discussion with Maria, the hosts discuss Richard's One Big Thing, which is Saudi Arabia's recent adoption of the Gregorian calendar for all official business going forward. Saudi Arabia has approved the use of the Gregorian calendar for all official dealings, except those related to the provisions of Islamic Shariah where the calculation of periods will continue to be based on the Hijri calendar. The Kingdom has traditionally prioritized the Hijri calendar with the Gregorian used as a secondary measure. However, some official and legal activities had already been aligned with the Gregorian calendar before Tuesday's ruling.Then the host discuss Lucien's One Big Thing, which is the announcement of key details surrounding Neom's new destination, Leyja. The mountainous wellness resort joins Trojena and Sindalah as tourism locations for Neom, and new photos and a video released of the designs of the area are fascinating. One of the details announced this week is that Habitas, the luxury hotel management company who Lucien notes has created a masterpiece experience in Al Ula, having recently stayed at that resort. Habitas Neom will likely be something for many people's bucket list, when completed. The hosts conclude as always with Yallah! 6 top storylines on Saudi Arabia to get you up to speed heading into the weekend.
If there's one single issue MBs are known for, it might be the idea of peacemaking. While that may still be true today, our official and documented views on peace and war have shifted in recent history. Our denominational leaders reworded Article 13 of our USMB Confession of Faith ten years ago now, with a strategic shift away from addressing only violence and war and instead broadening what it looks like to live a life of peace. On this week's episode, we talk with Larry Nikkel, who was chair of the USMB Board of Faith and Life at the time of this change. Larry shares how this shift came about, what kinds of impact the change had on our churches, and what it looks like to be a peacemaker today. Sadly, headlines of war around the world are very common today, and division among friends and family members is likely more common now than it was ten years ago. So how can we be agents of peace in our churches, families, and other relationships? Larry has some thought-provoking questions and advice to share that we would all be wise to consider.
In this episode, Sherri and Chelsi answer some new listener questions. Some topics discussed include improving quilting accuracy, how sales reports and customer feedback influence future pattern and fabric designs, determining yardage for a pre-cut-friendly quilt pattern, starching fabric, and more! Chelsi also announces a new sew-along with her All American quilt that begins on Thursday, November 9th. Kits are available for this sew-along while supplies last. There is a link below to purchase the kit. We hope everyone can join in!Help Support our Show Here: https://www.buzzsprout.com/1118069/supportFor complete show notes, pictures, and links to all of today's featured quilts and fabrics, visit the A Quilting Life Blog: https://www.aquiltinglife.com/?p=28573Autumnal (Quilt on the Wall): https://tidd.ly/3L3KwtaHey Pumpkin (Quilt on the Table): https://tidd.ly/3uxjLEpFall Dash (Wall Behind Billy): https://tidd.ly/3PeRNGVQuilt Tak: https://www.quiltak.com/Moda Precut Yardage Equivalents: https://www.modafabrics.com/wp-content/uploads/2015/06/MBS-equivalent-measures.pdfChelsi's All American Sew-Along Quilt Kit: https://tidd.ly/3tUKZXLHelpful Videos for Quilting Accuracy:Tips for Cutting Strip Sets Video: https://www.youtube.com/watch?v=1bvFt8D7UUw&t=43sTips for Chain Piecing Video: https://www.youtube.com/watch?v=qGtsyyBN18Y&t=65sQuarter Inch Seam Video: https://www.youtube.com/watch?v=aqsw7WkSbVA&t=70sNOTE: Some of the links provided here are affiliate links.Where to Find Us:Facebook: A Quilting Life with Sherri & Chelsi: https://www.facebook.com/groups/459389991531728/A Quilting Life Blog: https://www.aquiltinglife.comChelsi Stratton Blog: https://chelsistratton.wordpress.com/A Quilting Life Patreon: https://www.patreon.com/aquiltinglifeA Quilting Life Instagram: https://www.instagram.com/aquiltinglife/Chelsi Stratton Instagram: https://www.instagram.com/chelsistratton/A Quilting Life Pattern Shop: https://www.etsy.com/shop/SherriQuiltsChelsi Stratton Pattern Shop: https://www.etsy.com/shop/StrattonHandmade Visit the A Quilting Life YouTube channel for more great video content: https://www.youtube.com/aquiltinglifeEnjoy what you heard? Be sure to rate and review us on Apple Podcasts and your review could be read on the show.Support the show
Nyt merchandise er på vej, Helle Thorning tager en gammel sag op af hatten, Trolex opfører sig barnligt med ufine tricks, gud-konge-og-ordentlighed.Vil du høre hele episoden?Få 30 dages gratis prøveperiode (kan kun benyttes af nye Podimo-abonnenter): https://go.podimo.com/dk/hgdg(79 kroner herefter)Eller få 3 mdr. med 50% rabat (kan bruges af tidligere Podimo-abonnenter): https://go.podimo.com/dk/hgdgtilbud(79 kroner herefter)Danmarks tiger er odderne, en højredrejet magtovertagelse i Argentina, MBS'en skal bede om en ny fremtidsby, 'ugens hund er en død hund', skud ud for at holde afstand til sportswashing, der lugter af tyvekoster i Silkeborg, og skaberen af Kragelund Mose, Martin melder ind!Værter: Esben Bjerre & Peter Falktoft Redigering: PodAmokKlip: PodAmokMusik: Her Går Det GodtInstagram: @hergaardetgodt @Peterfalktoft @Esbenbjerre
Hey. It's Kate. I've been absent and I want to talk some about why and what it means to be in a challenging season of life. So often we hear from people once they reach the other side of challenge - but we rarely hear from them when they're in the thick of it. Well, I'm in the thick of it, and so this vulnerable episode is three parts: where I've been and what's going on, how I've been literally and figuratively putting one foot in front of the other, and where the podcast is going (hint: it's coming back! I need it and maybe you do, too.) This is a vulnerable episode that I'm a little waffly on releasing, but feel strongly that there is a call to share honestly. It is also an exploration of walking as a practice of moving through hard times. Why walking as exercise, as a practice, as a meditation? I answer all that and more in today's episode. RESOURCESWanderlust by Rebecca SolnitMountains of the Mind by Robert MacFarlaneThe Old Ways by Robert MacFarlaneSupport the Podcast:SubstackLeave a one-time TipCurrent Discounts for MBS listeners:15% off Farm True ghee and body care products using code: KATEKAV1510% off Home of Wool using code KATEKAVANAUGH15% off Bon Charge blue light blocking gear using code: MINDBODYSOIL15
Derek Moore is back with ZEGA Financial CEO Jay Pestrichelli to discuss whether Jay Powell or bond traders are in charge of interest rate policy? How option volatility changes around earnings announcements. Why the spread between the 30-year Mortgage Rate and 10-year treasuries is historically wide including MBS (Mortgage-Backed Securities) impact. Plus, how MBS are doing something kind of weird right now. Later they discuss financial conditions, how high yield loans and bonds have greatly outperformed “safer” fixed income areas, and the breadth of the market vs the “magnificent 7” companies. Is the bond market doing the Fed and Jay Powells work for them? How higher interest rates tighten financial conditions. The Fed not buying bonds creating lack of buyers? Typical spread between the 30-year mortgage rate and the rate on US 10-year treasuries How the spread is historically high (like 2 standard deviations) When the 30-year mortgage spread over treasuries widened in the past Does this mean mortgage rates need to come down or treasury rates have more to rise? What are MBS Mortgage-Backed Securities How MBS bond convexity is positive (hint, it's almost always negative) Interest rates moving higher means less refinancing (and home sales) extending loan durations. What is bond convexity and how does it relate to interest rate sensitivity risk High yield bonds and loans surprising outperformance over investment grade and treasuries Divergence is higher now than before Silicon Valley Bank Chicago Fed National Financial Conditions Index S&P 500 Equal Weight Index vs the magnificent 7 How the S&P 500 Index forecasted next 12-month earnings are higher now The forward PE ration of the S&P 500 Index back down to about 17.5 PE Are we behind the trough in earnings? Mentioned in this Episode: Deep Dive: Can Bonds Recover? | TLT ETF Breakdown |Inflation and the Fed https://podcasts.apple.com/us/podcast/deep-dive-can-bonds-recover-tlt-etf-breakdown-inflation/id1432836154?i=1000631358491 Bond Market Collapse https://podcasts.apple.com/us/podcast/bond-market-collapse-oil-price-problems-bond-stock/id1432836154?i=1000630742799 Cheap vs Expensive Options | Warren Buffett on Options | Fed Powell Presser https://podcasts.apple.com/us/podcast/cheap-vs-expensive-options-warren-buffett-on-options/id1432836154?i=1000629058900 0DTE Options Analysis| Inflation Coming Back? | Strong US Dollar Impact https://podcasts.apple.com/us/podcast/0dte-options-analysis-inflation-coming-back-strong/id1432836154?i=1000628157831 Implied Volatility Deep Dive | Real Interest Rate Yields | The Big Short | Tesla vs Nvidia https://podcasts.apple.com/us/podcast/implied-volatility-deep-dive-real-interest-rate-yields/id1432836154?i=1000627400400 GameStop Short Squeeze by the Reddit Wall Street Bets Traders Explained https://podcasts.apple.com/us/podcast/broken-pie-chart/id1432836154?i=1000507187446 The Big Short Movie and Credit Default Swaps Explained https://open.spotify.com/episode/6FG0xHkxfhSXEtbJbFbDF6 Margin Call Movie and Understanding Value at Risk https://open.spotify.com/episode/2XJ58KAoQKw2sdC48KHyPp Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's new book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Derek Moore's book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr Contact Derek firstname.lastname@example.org www.zegafinancial.com
In episode 108, Mansour El-Zahab and Zeynep Kösereisoğlu from Frontierview, a leading market intelligence and research company, join The 966 to discuss Saudi Arabia's Regional HQ program (commonly referred to as the "RHQ" program) and dive into some of the legal and practical details ahead of the effective date of the program starting in 2024. The RHQ program is the requirement that companies seeking to contract with the Saudi government or its affiliates must have their regional headquarters within Saudi Arabia and not in any neighboring nations. That has posed some challenges but also opportunities for foreign investors ahead of a key deadline on January 1, 2024. What companies are subjected to this rule, and what defines compliance here? How have these requirements of compliances changed over time since they were announced? What are some challenges that MNCs are facing in their new HQ setting, or in their journey to get there? And how are neighboring states, like the United Arab Emirates (UAE), reacting to the policy? Mansour and Zeynep dive into these questions and much more. Before the conversation, the hosts discuss Richard's One Big Thing, which is Saudi Arabia's investments into the development of its own local defense sector. The Kingdom is effectively seeking to build a local military industry from scratch - a tall order with a high price tag. But an even higher price tag for Saudi Arabia to-date has been its foreign military purchases from other nations, especially the United States. The hosts discuss the progress of the development of the sector, headed by GAMI and SAMI in Riyadh, ahead of the forthcoming World Defense Show in Saudi Arabia in 2024. Next, the hosts discuss Lucien's One Big Thing - a Goldman Sachs article that was published earlier this week on the progress and achievements of Vision 2030. The 154 year old financial services behemoth, maybe the most recognizable name in banking and financial services in the world, and the second largest investment bank by revenue in the world behind only JP Morgan Chase, published an article entitled "How Saudi Arabia is investing to transform its economy" and is available on the Goldman Sachs website. Goldman Sachs Research identifies as areas that are benefiting from increased investment and are likely to drive a “capex supercycle” through the end of the decade.The hosts conclude as always with Yallah! 6 top storylines to get you up to speed on Saudi Arabia heading into the weekend. •A week after revealing talks with Australia about bidding to co-host the 2034 World Cup, Indonesian soccer leader Erick Thohir said his federation is now supporting Saudi Arabia's candidacy to host the tournament. •The second edition of the “Made in Saudi Expo” exhibition will be held at the Roshn Front in Riyadh from October 16 to 19, 2023, under the patronage of Bandar Alkhorayef, Minister of Industry and Mineral Resources and Chairman of the Saudi Export Development Authority. •Saudi Arabia's crude oil exports in August hit their lowest level in 28 months as they fell for a fifth straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday.•Saudi Arabia's $700 billion Public Investment Fund has disclosed that Swedish venture capital fund Northzone has taken investment from its venture investment arm Sanabil — the only European VC firm known to have done so. •Amin Nasser, said his company is looking at more investments in liquefied natural gas (LNG) to boost its plans to become a leading player in the seaborne gas market.•A landmark report released during the Middle East and North Africa Climate Week, which ran here from Oct. 8 to 12, highlights the challenges that Saudi Arabia might face in a world that is warmer by 3 degrees Celsius.
This week in a special edition podcast episode, George Goncalves, MUFG Head of U.S. Macro Strategy, is joined by Glenn Schultz, MUFG Head of Prepayment Modeling and Strategy, to go over a recently published and comprehensive Desk Strategy Report called “The State of Housing” where they explore the impact of high mortgage rates and affordability issues that are impacting the U.S., as well as the potential lasting effect on housing and mortgage macro fundamentals ahead. George walks through how these higher rates are unsustainable for a viable housing and mortgage financing market and unless incomes were to rise, and rise at a much faster rate, that something has to give (either house prices decline, and/or rates decline). Glenn threads in the implications to MBS issuance, CPRs, and how the market might be the most negative convexity it has been given the larger loan balances. George wraps things up by discussing how this might influence the Fed rate views and their MBS portfolio.
The outbreak of war between Israel and Hamas shattered an illusion. The illusion was that better relations between Israel and its neighbors could be successfully pursued without resolving the Palestinian-Jewish conflict. This new war threatens to undo the recent reshaping of the political landscape in the Middle East. In this episode, Trita Parsi of the Quincy Institute for Responsible Statecraft breaks down the geopolitical complexities of a region where peace and stability, democracy and respect for human rights, have been rare.
My new book Reframe Your Brain, available now on Amazon https://tinyurl.com/3bwr9fm8 Find my "extra" content on Locals: https://ScottAdams.Locals.com Content: Politics, President Trump, Rob Reiner, RFK Jr., Colonizer Slur, Harvard Hamas Support, Cultural Brainwashing, Iran Hamas Connection, Fungibility, Israel Hamas War, Saudi-Israel Relations, MBS, American Open Border, Low Testosterone Democrats, Hostage Execution Threats, Gaza Siege, War Drug Captagon, Scott Adams ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you would like to enjoy this same content plus bonus content from Scott Adams, including micro-lessons on lots of useful topics to build your talent stack, please see scottadams.locals.com for full access to that secret treasure. --- Support this podcast: https://podcasters.spotify.com/pod/show/scott-adams00/support
Jared, MbS, Biden and Bibi Ignored the Palestinians as They Dreamed Up Their Plan for Peace and Prosperity in the Middle East | The Distinction Between Supporting Palestinian Rights and Supporting Terrorists | Elon Musk's X Now Monetizes Disinformation by Fake Journalists With Blue- Check Accounts Who Get Paid to Spread Lies backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia
TONIGHT: The show begins in the trenches of Zaporhizhia Oblast and moves to the Halls of Congress. From the MBS play to acquire nuclear power in exchange for normalizing with Israel to the Bide Administration play to permit hundreds of thousands of migrants flook red border states and Blue cities. Watching the PLA Navy bully the Philippines, watch prep for an invasion of Taiwan. The migrant surge destablizes even the nations, like Costa Rica, that it transits. 1886 VERCENGETORIX SURRENDERS
Hour 2 of A&G features... The UAW Strike... ??? Joe bring us the feature, "California is Crumbling".... Saudi Arabia's crown Prince, MBS, talks about nukes. Stupid Should Hurt: https://www.armstrongandgetty.com/See omnystudio.com/listener for privacy information.