Podcasts about Quantitative

Psychology for Quant Traders? Really?Quantitative futures traders like to think in code, not clichés—but Dr Brett Steenbarger makes a compelling case that mindset is part of the edge. In this interview, Brett argues that the same statistical rigor quants apply to markets should be applied to the grey matter behind the keyboard. Here's a guide for the advanced systematic trader who suspects “psy-stuff” might be more than motivational posters.The punch-line from Brett's research is simple: systematic trading is less “set-and-forget” and more Formula 1 pit-crew—engineering precision plus real-time human performance. Code finds edges; psychology keeps you creative enough to refresh them. Or, as one of Brett's blog posts puts it, “We can't run robust systems from brittle minds.” Not a bad mantra to stick on your trading monitor!#traderpsychology #tradermindset #tradinginthezone

In this episode we talk to Dr. Timothy Lash of Emory University about Quantitative Bias Analysis (QBA). We talk about how QBA is any method that quantifies the impact of non-random error. We talk about direction magnitude and uncertainty. We differentiate from sensitivity analysis, and we talk about how to identify key sources of bias. We talk about bias models and bias parameters and how we draw inferences from bias analyses. We talk about validation data and where you can get it. We talk about why predictive values often aren't as useful as classification values for bias analysis. We talk about how bias analysis can strengthen your results and that our intuition about the impact of biases is t always great. And we talk about how bias analysis can guide your future research. We differentiate between simple and probabilistic bias analysis. And we end with some examples of cases where bias analysis is really helpful.

Why $200M games flop — and how LiveAware's “always-on” player insight flips the odds.• Echo-chamber dev culture & launch disasters• Quant vs qual data gap killing velocity• LiveAware's one-click capture → AI analyze → auto-Jira flow• Surfacing bugs & sentiment from Discord, YouTube, surveys• Dashboards that feed artists, designers, engineers the clips they need• Case studies: Dead as Disco, S.T.A.L.K.E.R. 2, Treehouse competitive intel• Indie-friendly pay-as-you-go pricing + roadmap to multi-channel feedback nirvanaOUTLINE:0:00 Underwhelming game launch failures4:00 Vision vs player expectation gap8:00 Quantitative vs qualitative data gap12:00 LiveAware capture analyze share workflow16:00 One-click streaming and transcription20:00 AI clusters themes and clips24:00 Tailored dashboards and auto Jira28:00 Multi-channel feedback aggregation explained32:00 Indie vs AAA use cases36:00 Dead as Disco success story40:00 S.T.A.L.K.E.R. 2 QA integration44:00 Signal vs noise management48:00 Feedback philosophy continuum debate52:00 Future roadmap and pricing plansSUBSCRIBE TO GAMEMAKERS:- Newsletter: https://gamemakers.substack.com/

GRE Quantitative Comparison questions are one of the trickiest archetypes, so what's new about them in 2025? Erfun Guela is the founder of GRE Compass, authored a GRE prep book with over 100,000 sales, and has 15 years of GRE and GMAT tutoring experience. In this episode, Erfun shares updated tactics for approaching GRE Quantitative Comparison questions based on what he's seeing on the exam. Achievable is a modern test prep platform for the GRE exam - visit https://achievable.me to try it for free. GRE Compass is an elite GRE tutor in NYC and online - https://grecompass.com/

In this episode, Wade and Alex explore the world of hedge funds—what they are, how they're structured, and how they've evolved from simple hedging tools into complex investment vehicles. They break down common fee models, challenges in measuring performance, and the impact of data biases. The conversation also covers key hedge fund strategies—including long-short, market neutral, arbitrage, and quantitative approaches—highlighting their mechanics, risk profiles, and what they mean for investors, particularly those nearing retirement. Listen now to learn more!   Takeaways Hedge funds are actively managed investment vehicles with fewer regulatory constraints. They aim for absolute returns, regardless of market direction. The traditional fee model is “2 and 20”—2% management fee and 20% of profits. Fees are declining due to growing competition and investor scrutiny. Performance is difficult to assess due to survivorship bias and data limitations. Investors should be cautious of marketing claims and understand the fund's true strategy. Long-short strategies bet on both rising and falling stocks. Market neutral strategies attempt to remove market exposure to focus on relative performance. Arbitrage seeks to profit from temporary price inefficiencies. Quantitative strategies rely on data-driven models to guide trades. Risk premium harvesting involves tilting toward factors like value or momentum. Short selling helps with price discovery but carries risk due to unlimited loss potential. Understanding alpha (excess return) and beta (market exposure) is key to evaluating hedge fund performance. Technology is central to many modern trading strategies. Informed investors are better positioned to navigate complex alternatives like hedge funds. Chapters 00:00 Introduction to Hedge Funds 02:12 Understanding Hedge Funds 05:30 Fee Structures and Costs 10:00 Performance and Survivorship Bias 16:08 Hedge Fund Strategies Overview 22:43 Long-Short and Market Neutral Strategies 23:40 Understanding Long-Short Strategies 30:10 Exploring Market Neutral Strategies 38:11 Diving into Arbitrage and Quantitative Strategies   Links Join Us Live on YouTube – June 2nd at 2PM ET! Want to go beyond the podcast and be part of the conversation in real time? Wade and Alex will be hosting a special Retire With Style YouTube Live session, where you can ask your retirement questions and get answers on the spot. Head over to our YouTube channel now, hit Subscribe, and click the bell to get notified when we go live. We'll see you there! https://www.youtube.com/@retirewithstylepodcast The Retirement Planning Guidebook: 2nd Edition has just been updated for 2025! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/retirement-income-planning-llm/ to download McLean's free eBook, “Retirement Income Planning”

Dr. Xenia K. Morin | Department of Plant BiologyFederal Liability Protection For Food Donation LEGAL FACT SHEETFood Law & Policy Focus Areas and Projects - Center For Health Law and Policy InnovationLet's Free FoodCFP Issues Council I 20252025 Biennial Meeting | Biennial Meetings | Conference for Food ProtectionCouncil I Issues PacketRutgers Cooperative Extension Personnel Directory (Rutgers NJAES) Sara ElnakibSara Elnakib, PhD, MPH, RD | LinkedInHome - mealrecoverycoalition.orgEvaluating North Carolina Food Pantry Food Safety-Related Operating Procedures - PubMedFive Strategies For Reducing Greenhouse Gases Through Food Waste ReductionFood Safety Talk 255: Crunchy Granola Hippie Town — Food Safety Talk87. 27 Lbs of Unrefrigerated Feta Cheese — Risky or Not?Can infant formula and baby food be used after the date expires?About Pack Essentials | Pack EssentialsCollege and University Food InsecurityFood Waste Solutions & Statistics - Reducing Food Waste in the U.S.Quantitative microbiological spoilage risk assessment (QMSRA) of fresh poultry fillets during storage at retail - ScienceDirectFoodKeeper App | FoodSafety.govAmpleHarvest.org | Share your harvest with local pantriesEat or Toss? Is it OK to eat?Gleaning - WikipediaAmerica's Grow-a-Row | Help Feed The HungryFarmers Against Hunger - New Jersey Agricultural SocietySave Good Food From Going To Waste | Too Good To GoOlio - Your Local Sharing AppFood Safety Talk 179: My Oven is 1200 W — Food Safety TalkDurham Community Fridges Operate With a Spirit of AbundanceReduced Food Waste | Project Drawdown‘Sludge': Short film on Maine's PFAS crisis selected for local film festival - YouTubeWebinar from Wednesday, January 22nd, 2025 — NJ Association for Food ProtectionFaculty: Troy A. Roepke: Animal Sciences at Rutgers SEBSTime and temperature abuse of milk in conditions representing a school cafeteria share table does not meaningfully reduce microbial quality - ScienceDirect

In this episode of EisnerAmper's Engaging Alternative Spotlight, Elana Margulies-Snyderman, Director, Publications, EisnerAmper, speaks with Artemiza Woodgate, CIO & Founding Partner, Integrated Quantitative Investments. Artemiza shares her outlook for quantitative equities investing in global and emerging markets, including the greatest opportunities and challenges, how the firm integrates ESG, her experience being a woman in the industry and more.

The backbone of good marketing is the quality of the research. The best insight comes from hearing real audiences talk about their real experiences.Traditional research can cost thousands and still miss the people who don't get a seat at the table. Quantitative data tells you what's common. Social listening reveals what's missing.   In this episode, Michael talks with Jamie Doggett, Associate Director at Lumanity, about why social listening is a standout tool for marketers who want to go deeper than the data and closer to the truth. They explore how social listening works, what it uncovers that surveys don't, and why unprompted insight and digital body language are changing how we understand behaviour, especially in healthcare.   If you believe good marketing starts with empathy, not assumptions, this one's for you.

Peter Chung, head of research at quantitative trading firm Presto, has repeated his prediction that Bitcoin will reach $210,000 by the end of 2025. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hello Interactors,Cities are layered by past priorities. I was just in Overland Park, Kansas, where over the last 25 years I've seen malls rise, fall, and shift outward as stores leave older spaces behind.When urban systems shift — due to climate, capital, codes, or crisis — cities drift. These changes ripple across scales and resemble fractal patterns, repeating yet evolving uniquely.This essay traces these patterns: past regimes, present signals, and competing questions over what's next.URBAN SCRIPTS AND SHIFTING SCALESAs cities grow, they remember.Look at a city's form — the way its streets stretch, how its blocks bend, where its walls break. These are not neutral choices. They are residues of regimes. Spatial decisions shaped by power, fear, belief, or capital.In ancient Rome, cities were laid out in strict grids. Streets ran along two axes: the cardo and decumanus. It made the city legible to the empire — easy to control, supply, and expand. Urban form followed the logic of conquest.As cartography historian, O. A. W. Dilke writes,“One of the main advantages of a detailed map of Rome was to improve the efficiency of the city's administration. Augustus had divided Rome into fourteen districts, each subdivided into vici. These districts were administered by annually elected magistrates, with officials and public slaves under them.”In medieval Europe, cities got messy. Sovereignty was fragmented. Trade replaced tribute. Guilds ran markets as streets tangled around church and square. The result was organic — but not random. It reflected a new mode of life: small-scale, interdependent, locally governed.In 19th-century Paris, the streets changed again. Narrow alleys became wide boulevards. Not just for beauty — for visibility and force. Haussmann's renovations made room for troops, light, and clean air. It was urban form as counter-revolution.Then came modernism. Superblocks, towers, highways. A form that made sense for mass production, cheap land, and the car. Planning became machine logic — form as efficiency.Each of these shifts marked the arrival of a new spatial calculus — ways of organizing the built environment in response to systemic pressures. Over time, these approaches came to be described by urbanists as morphological regimes: durable patterns of urban form shaped not just by architecture, but by ideology, infrastructure, and power. The term “morphology” itself was borrowed from biology, where it described the structure of organisms. In urban studies, it originally referred to the physical anatomy of the city — blocks, plots, grids, and streets. But today the field has broadened. It's evolved into more of a conceptual lens: not just a way of classifying form, but of understanding how ideas sediment into space. Today, morphology tracks how cities are shaped — not only physically, but discursively and increasingly so, computationally. Urban planning scholar Geoff Boeing calls urban form a “spatial script.” It encodes decisions made long ago — about who belongs where, what gets prioritized, and what can be seen or accessed. Other scholars treated cities like palimpsests — a term borrowed from manuscript studies, where old texts were scraped away and overwritten, yet traces remained. In urban form, each layer carries the imprint of a former spatial logic, never fully erased. Michael Robert Günter (M. R. G.) Conzen, a British geographer, pioneered the idea of town plan analysis in the 1960s. He examined how street patterns, plot divisions, and building forms reveal historical shifts. Urban geographer and architect, Anne Vernez Moudon brought these methods into contemporary urbanism. She argued that morphological analysis could serve as a bridge between disciplines, from planning to architecture to geography. Archaeologist Michael E. Smith goes further. Specializing in ancient cities, Smith argues that urban form doesn't just reflect culture — it produces it. In early settlements, the spatial organization of plazas, roads, and monuments actively shaped how people understood power, social hierarchy, and civic identity. Ritual plazas weren't just for ceremony — they structured the cognitive and social experience of space. Urban form, in this sense, is conceptual. It's how a society makes its world visible. And when that society changes — politically, economically, technologically — so does its form. Not immediately. Not neatly. But eventually. Almost always in response to pressure from the outside.INTERVAL AND INFLECTIONUrban morphology used to evolve slowly. But today, it changes faster — and with increasing volatility. Physicist Geoffrey West, and other urban scientists, describes how complex systems like cities exhibit superlinear scaling: as they grow, they generate more innovation, infrastructure, and socio-economic activity at an accelerating pace. But this growth comes with a catch: the system becomes dependent on continuous bursts of innovation to avoid collapse. West compares it to jumping from one treadmill to another — each one running faster than the last. What once took centuries, like the rise of industrial manufacturing, is now compressed into decades or less. The intervals between revolutions — from steam power to electricity to the internet — keep shrinking, and cities must adapt at an ever-faster clip just to maintain stability. But this also breeds instability as the intervals between systemic transformations shrink. Cities that once evolved over centuries can now shift in decades.Consider Rome. Roman grid structure held for centuries. Medieval forms persisted well into the Renaissance. Even Haussmann's Paris boulevards endured through war and modernization. But in the 20th century, urban morphology entered a period of rapid churn. Western urban regions shifted from dense industrial cores to sprawling postwar suburbs to globalized financial districts in under a century — each a distinct regime, unfolding at unprecedented speed.Meanwhile, rural and exurban zones transformed too. Suburbs stretched outward. Logistics corridors carved through farmland. Industrial agriculture consolidated land and labor. The whole urban-rural spectrum was redrawn — not evenly, but thoroughly — over a few decades.Why the speed?It's not just technology. It's the stacking of exogenous shocks. Public health crises. Wars. Economic crashes. Climate shifts. New empires. New markets. New media. These don't just hit policy — they hit form.Despite urbanities adaptability, it resists change. But when enough pressure builds, it breaks and fragments — or bends fast.Quantitative historians like Peter Turchin describe these moments as episodes of structural-demographic pressure. His theory suggests that as societies grow, they cycle through phases of expansion and instability. When rising inequality, elite overproduction, and resource strain coincide, the system enters a period of fragility. The ruling class becomes bloated and competitive, public trust erodes, and the state's ability to mediate conflict weakens. At some point, the social contract fractures — not necessarily through revolution, but through cumulative dysfunction that demands structural transformation.Cities reflect that process spatially. The street doesn't revolt. But it reroutes. The built environment shows where power has snapped or shifted. Consider Industrial Modernity. Assuming we start in 1850, it took roughly 100 years before the next regime took shape — the Fordist-Suburban Expansion starting in roughly 1945. It took around 30-40 years for deregulation to hit in the 80s. By 1995 information, communication, and technology accelerated globalization, financialization, and the urban regime we're currently in — Neoliberal Polycentrism.Neoliberal Polycentricism may sound like a wonky and abstract term, but it reflects a familiar reality: a pattern of decentralized, uneven urban growth shaped by market-driven logics. While some scholars debate the continued utility of the overused term 'neoliberalism' itself, its effects on the built environment remain visible. Market priorities continue to dominate and reshape spatial development and planning norms. It is not a wholly new spatial condition. It's the latest articulation of a longer American tradition of decentralizing people and capital beyond the urban core. In the 19th century, this dynamic took shape through the rise of satellite towns, railroad suburbs, and peripheral manufacturing hubs. These developments were often driven by speculative land ventures, private infrastructure investments, and the desire to escape the regulatory and political constraints of city centers. The result was a form of urban dispersal that created new nodes of growth, frequently insulated from municipal oversight and rooted in socio-economic and racial segregation. This early polycentricism, like fireworks spawning in all directions from the first blast, set the stage for later waves of privatized suburbanization and regional fragmentation. Neoliberalism would come to accelerate and codify this expansion.It came in the form of edge cities, exurbs, and special economic zones that proliferated in the 80s and 90s. They grew not as organic responses to demographic needs, but as spatial products of deregulated markets and speculative capital. Governance fragmented. Infrastructure was often privatized or outsourced. As Joel Garreau's 1991 book Edge City demonstrates, a place like Tysons Corner, Virginia — a highway-bound, developer-led edge city — embodied this shift: planned by commerce, not civic vision. A decade later, planners tried to retrofit that vision — adding transit, density, and walkability — but progress has been uneven, with car infrastructure still shaping much of daily life.This regime aligned with the rise of financial abstraction and logistical optimization. As Henry Farrell and Abraham Newman argue in Underground Empire, digital finance extended global capitalism's reach by creating a networked infrastructure that allowed capital to move seamlessly across borders, largely outside the control of democratic institutions. Cities and regions increasingly contorted themselves to host these flows — rebranding, rezoning, and reconfiguring their form to attract global liquidity.At the same time, as historian Quinn Slobodian notes, globalism was not simply about market liberalization but about insulating capital from democratic constraint. This logic played out spatially through the proliferation of privatized enclaves, special jurisdictions, and free trade zones — spaces engineered to remain separate from public oversight while remaining plugged into global markets.In metro cores, this led to vertical Central Business Districts, securitized plazas, and speculative towers. In the suburbs and exurbs, it encouraged the low-density, car-dependent landscapes that still propagate. It's still packaged as freedom but built on exclusion. In rural zones, the same logic produces logistics hubs, monoculture farms, and fractured small towns caught precariously between extraction and abandonment.SEDIMENT AND SENTIMENTWhat has emerged in the U.S., and many other countries, is a fragmented patchwork: privatized downtowns, disconnected suburbs, branded exurbs, and digitally tethered hinterlands…often with tax advantages. All governed by the same regime, but expressed through vastly different forms.We're in a regime that promised flexibility, innovation, and shared global prosperity — a future shaped by open markets, technological dynamism, and spatial freedom. But that promise is fraying. Ecological and meteorological breakdown, housing instability, and institutional exhaustion are revealing the deep limits of this model.The cracks are widening. The pandemic scrambled commuting rhythms and retail flows that reverberate to this day. Climate stress reshapes assumptions about where and how to build. Platforms restructure access to space as AI wiggles its way into every corner. Through it all, the legitimacy of traditional planning models, even established forms of governing, weakens.Some historians may call this an interregnum — a space between dominant systems, where the old still governs in form, but its power to convince has faded. The term comes from political theory, describing those in-between moments when no single order fully holds. It's a fitting word for times like these, when spatial logic lingers physically but loses meaning conceptually. The dominant spatial logic remains etched in roads, zoning codes, and skylines — but its conceptual scaffolding is weakening. Whether seen as structural-demographic strain or spatial realignment, this is a moment of uncertainty. The systems that once structured urban life — zoning codes, master plans, market forecasts — may no longer provide a stable map. And that's okay. Interregnums, as political theorist Christopher Hobson reminds us, aren't just voids between orders — they are revealing. Moments when the cracks in dominant systems allow us to see what had been taken for granted. They offer space to reflect, to experiment, and to reimagine.Maybe what comes next is less of a plan and more of a posture — an attitude of attentiveness, humility, and care. As they advise when getting sucked out to sea by a rip tide: best remain calm and let it spit you out where it may than try to fight it. Especially given natural laws of scale theory suggests these urban rhythms are accelerating and their transitions are harder to anticipate. Change may not unfold through neat stages, but arrive suddenly, triggered by thresholds and tipping points. Like unsuspectingly floating in the warm waters of a calm slack tide, nothing appears that different until rip tide just below the surface reveals everything is.In that sense, this drifting moment is not just prelude — it is transformation in motion. Cities have always adapted under pressure — sometimes slowly, sometimes suddenly. But they rarely begin anew. Roman grids still anchor cities from London to Barcelona. Medieval networks persist beneath tourist maps and tangled streets. Haussmann's boulevards remain etched across Paris, shaping flows of traffic and capital. These aren't ghosts — they're framing. Living sediment.Today's uncertainty is no different. It may feel like a void, but it's not empty. It's layered. Transitions build on remnants, repurposing forms even as their meanings shift. Parcel lines, zoning overlays, server farms, and setback requirements — these are tomorrow's layered manuscripts — palimpsests.But it's not just physical traces we inherit. Cities also carry conceptual ones — ideas like growth, public good, infrastructure, or progress that were forged under earlier regimes. As historian Elias Palti reminds us, concepts are not fixed. They are contingent, born in conflict, and reshaped in uncertainty. In moments like this, even the categories we use to interpret urban life begin to shift. The city, then, is not just a built form — it's a field of meaning. And in the cracks of the old, new frameworks begin to take shape. The work now is not only to build differently, but to think differently too.REFERENCESDilke, O. A. W. (1985). Greek and Roman Maps. Cornell University Press.Boeing, Geoff. (2019). “Spatial Information and the Legibility of Urban Form.” Journal of Planning Education and Research, 39(2), 208–220.Conzen, M. R. G. (1960). “Alnwick, Northumberland: A Study in Town Plan Analysis.” Institute of British Geographers Publication.Moudon, Anne Vernez. (1997). “Urban Morphology as an Emerging Interdisciplinary Field.” Urban Morphology, 1(1), 3–10.Smith, Michael E. (2007). “Form and Meaning in the Earliest Cities: A New Approach to Ancient Urban Planning.” Journal of Planning History, 6(1), 3–47.West, Geoffrey. (2017). Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies. Penguin Press.Turchin, Peter. (2016). Ages of Discord: A Structural-Demographic Analysis of American History. Beresta Books.Garreau, Joel. (1991). Edge City: Life on the New Frontier. Doubleday.Farrell, Henry, & Newman, Abraham. (2023). Underground Empire: How America Weaponized the World Economy. Henry Holt.Slobodian, Quinn. (2023). Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy. Metropolitan Books.Hobson, Christopher. (2015). The Rise of Democracy: Revolution, War and Transformations in International Politics since 1776. Edinburgh University Press.Palti, Elias José. (2020). An Archaeology of the Political: Regimes of Power from the Seventeenth Century to the Present. Columbia University Press. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit interplace.io

Sugammadex safety considerations span across patient populations with renal impairment, pediatric patients, and pregnant or breastfeeding individuals, requiring nuanced clinical decision-making based on current evidence and ongoing research.• Sugammadex reversal of moderate blockade is safe and faster than using neostigmine/cisatracurium for patients with renal impairment• Quantitative neuromuscular monitoring is essential to ensure adequate reversal (TOF >90%)• FDA approval exists for children 2+ years with the same dosing parameters as adults• Infants

Visit data.duresscrew.com to follow along with this episode!Billy from Duress Crew joins the cast to chat about breakfast, salty tide, filtered winrates, and later MJF drops in to review the three gears!Check out the latest on Youtube: https://www.youtube.com/@lannynynySupport Spike Colony on Ko-Fi: https://ko-fi.com/spikecolony (donations grant access to the follower discord!)Check out the Premodern Tier List and other articles: https://spikecolony.com/

Quantitative waveform capnography is used in ACLS to objectively assess good CPR;confirm placement of an endotracheal tube; identify return of spontaneous circulation; and during post-cardiac arrest care.We can use waveform capnography with, and without, an advanced airway in place.Monitoring end tidal CO2 during rescue breathing.Use of capnography to objectively measure good CPR.Capnography is a preferred method of confirming endotracheal tube (ETT) placement over x-ray during a code.During CPR, a sudden increase in ETCO2 may indicate ROSC.Quantitative waveform capnography use in the post-cardiac arrest algorithm.Good luck with your ACLS class!Links: Buy Me a Coffee at https://buymeacoffee.com/paultaylor Practice ECG rhythms at Dialed Medics - https://dialedmedics.com/Safe Meds VIP - Learn about medication safety and download a free drug discount card to save money on prescription medications for you and your pets: https://safemeds.vipPass ACLS Web Site - Episode archives & other ACLS-related podcasts: https://passacls.com@Pass-ACLS-Podcast on LinkedIn

Genevieve Hayes Consulting Episode 59: [Value Boost] How Data Scientists Can Get in the AI Room Where It Happens Everyone’s talking about AI, but the real opportunities for data scientists come from being in the room where key AI decisions are made.In this Value Boost episode, technology leader Andrei Oprisan joins Dr Genevieve Hayes to share a specific, proven strategy for leveraging the current AI boom and becoming your organisation’s go-to AI expert.This episode explains:How to build a systematic framework for evaluating AI models [02:05]The key metrics that help you compare different models objectively [02:28]Why understanding speed-cost-accuracy tradeoffs gives you an edge [05:47]How this approach gets you “in the room where it happens” for key AI decisions [07:20] Guest Bio Andrei Oprisan is a technology leader with over 15 years of experience in software engineering, specializing in product development, machine learning, and scaling high-performance teams. He is the founding Engineering Lead at Agent.ai and is also currently completing an Executive MBA through MIT's Sloan School of Management. Links Connect with Andre on LinkedInAndrei’s websiteAgent.ai website Connect with Genevieve on LinkedInBe among the first to hear about the release of each new podcast episode by signing up HERE Read Full Transcript [00:00:00] Dr Genevieve Hayes: Hello, and welcome to your value boost from Value Driven Data Science, the podcast that helps data scientists transform their technical expertise into tangible business value, career autonomy, and financial reward. I’m Dr. Genevieve Hayes, and I’m here again with Andrei Oprisan. Head of engineering at agent.[00:00:21] ai to turbocharge your data science career in less time than it takes to run a simple query. In today’s episode, we’re going to explore how data scientists can leverage the current AI boom to accelerate their career progression. Welcome back, Andre.[00:00:40] Andrei Oprisan: Thank you. Great to be here.[00:00:41] Dr Genevieve Hayes: So as I mentioned at the start of our previous episode together, we are at the dawn of an AI revolution with unprecedented opportunities for data scientists.[00:00:51] Now, through your current role at Agent. ai, and prior roles at AI centric companies, such as OneScreen. ai, you’ve clearly managed to capitalize on this AI boom, and are actively continuing to do so, and have managed to build a very impressive career for yourself, partly as a result. Now, the Internet’s full of career tips, but they’re usually very generic advice from career coaches who’ve never worked in the data science or technology space, and their advice usually doesn’t take into account the specific context of the AI landscape.[00:01:35] What’s one specific strategy that data scientists can use right now to leverage the AI boom for faster career progression?[00:01:44] Andrei Oprisan: I would say first building some expertise and prompt engineering and AI model evaluation. I think that’s a foundation on top of that. I think it’s developing some systematic approaches for comparing different models outputs on domain specific tasks and then creating something maybe like a reliable evaluation framework.[00:02:05] For example, you could create an eval set. Or tasks in a field and developing some quantitative or qualitative metrics to assess how different models perform compared to traditional approaches and that can really position you as someone who can actually properly integrate AI tools into existing workflows while having that element of scientific rigor.[00:02:28] , it’s leveraging the existing trends around prompt engineering around the different models that are coming up every week, every month. Every quarter and figuring out, how we are going to showcase when to maybe use 1 versus another with the scientific approach with again, I would start as simple as.[00:02:47] An eval from the kind of work that you’re doing in your current role or organization, or thinking about adjacent organizations and adjacent kind of strategies to then create some examples of when and when you wouldn’t. Use certain models because of, some numbers where you can show in an email that, this model does really well in this kind of let’s say, classification in this specific domain versus. One that doesn’t . I think from there, you can iterate and do some even more interesting work very repeatedly and looking at some adjacent domains and apply the same sort of technical solutioning to other domains.[00:03:26] Dr Genevieve Hayes: I read an article recently that was written shortly after the launch of the DeepSeek LLM. And there was a group of researchers at a university that were evaluating the model. And they had a series of prompts that could be used to find out, can this model be used to produce offensive or dangerous information?[00:03:49] And they had something like 50 prompts and they randomly chose 10 of them and ran it against that. Is that the same sort of thing that you’re proposing, but obviously specific to the person’s organization?[00:04:03] Andrei Oprisan: That’s exactly it. So I think starting as simple as again this prompt engineering and writing out a few of those prompts and be able to get some kind of repeatable answer, whether it’s a score, whether it’s, selecting from a set of options, just anything that you can then repeat and measure in a Quantitative way[00:04:24] and like, we can say, okay, it is this category, we’re getting with these, let’s say 50 prompts we’re consistently getting, 10 percent of the answers are incorrect, but 90 percent where we’re getting this kind of consistent answer and an answer that can actually be useful.[00:04:40] And then looking at different kinds of models and and then figuring out, how do they form? But also, how might you improve that? And apply some level of scientific method thinking around, ultimately, what can you change to improve? Essentially, what are still these for most folks, black boxes these LLMs that, And go something outcome, something else, and maybe demystifying what that looks like in terms of consistency at the very least in terms of accuracy over time.[00:05:12] And then, it could even take on more advanced topics. Like. How can you improve those results once you have a baseline starting point, you can say, okay, sure. Now, here’s how I improved, or here’s how maybe the prompts were. Incorrect or, they behave differently given a different LLM or, maybe you push different boundaries around context window size on the Google models are not the best.[00:05:38] But they’re the best at dealing with large data sets. there’s a trade off at a certain point in terms of speed and accuracy and cost.[00:05:47] And so then introducing some of these different dimensions, or maybe only looking at those in terms of, you know, yes, if this LLM takes 10 seconds to get me a 98 percent accurate answer, but this other one takes half a second to give me a 95 percent accurate answer, which one would you choose and a business context essentially the faster one that is a little bit cheaper.[00:06:11] Might actually be the right answer. So there’s different kinds of trade offs, I think, given different kinds of context. And I think exploring what that might look like would be a really good way to kind of apply some of those technical skills and looking at some of those other dimensions, around things like pricing and runtime execution time.[00:06:31] Dr Genevieve Hayes: And I can guarantee if you take a strategy like this, you will become the AI expert in your office, and you will be invited to every single AI centric meeting the senior management have forevermore because I did something similar to this it was before LLMs. It was with those cloud cognitive service type APIs.[00:06:50] And anytime one of those came up, I was the person people thought of. I got invited to the meeting. So, this is really good career advice.[00:06:59] Andrei Oprisan: And really, it starts, I think, growth especially think about how do you grow your career as a technical person? Obviously, part of it is being in the right room at the right time to be able to ask the right kinds of questions to be able to present a technical perspective. And again, I think by pushing on some of these boundaries you get exposed to even bigger.[00:07:20] Opportunities and bigger challenges that do need technical solutions that do need someone with a technical mind to say, You know what? Maybe that doesn’t make sense. Or maybe there is a way to leverage a I, for this problem, but not maybe in the way that you’re thinking, and I think being able to at least present that perspective is incredibly valuable.[00:07:39] Dr Genevieve Hayes: And regardless of which industry you’re working in, the secret to success is you’ve got to get in the room where it happens, as the Hamilton song says, and this sounds like a really good strategy for getting there with regard to LLMs.[00:07:53] That’s a wrap for today’s Value Boost, but if you want more insights from Andre, you’re in luck.[00:08:00] We’ve got a longer episode with Andre where we discuss how data scientists can grow into business leadership roles by exploring Andre’s own career evolution from technology specialist to seasoned technology leader. And it’s packed with no nonsense advice for turning your data skills into serious clout, cash and career freedom.[00:08:23] You can find it now, wherever you found this episode, or at your favorite podcast platform. Thanks for joining me again, Andre.[00:08:31] Andrei Oprisan: for having me. This is great.[00:08:33] Dr Genevieve Hayes: And for those in the audience, thanks for listening. I’m Dr. Genevieve Hayes, and this has been Value Driven Data Science. The post Episode 59: [Value Boost] How Data Scientists Can Get in the AI Room Where It Happens first appeared on Genevieve Hayes Consulting and is written by Dr Genevieve Hayes.

We covered topics - Your journey into DEI- What impact do you want to create?- Integrating positive psychology into DEI- First-principles approach to make workplaces great places to work- How bias is injected into the AI?- Cutting-edge research in DEI- What advice do you have for DEI Consultants in the current climate?- The DEI needs to be implemented in capitalist society- DEI need to include a cost-benefit analysis for sustainable profit ----Important LinksGuest - LinkedIn (https://www.linkedin.com/in/davisoc) Website - qllab.orgMedium - @DrOrinDavis ----Download the white paper ROI of DEI, ⁠click here⁠ → ROIofDEI.ai⁠ Any feedback? please email ⁠vikram@73bit.com⁠

In a world that is so preoccupied with assigning blame instead of looking inward, quantitative data provides a fact-focused reprieve, especially when paired with a human-centered approach to data equity. Today, we are joined by Heather Krause, a cross-sector thought leader and speaker on data equity issues with a cutting-edge approach to project design, data collection analysis, reporting, and visualization. As its founder, Heather begins by detailing the work of We All Count before explaining why quantitative data cannot be ignored no matter what circumstance. We learn about the burdens of responsibility of how data is understood and processed, how to change our biased mindsets around data and numbers, the importance of art and creativity in numbers, and why there's a need to think more critically about quantitative data and approach it from a human-centered perspective. We also gain insight into the impact We All Count is having in the communities it serves, the value of threading the needle back to find the source of information (or, in our case, the formula), where AI fits in, and all the things that bring Heather Krause joy while she's at work. Finally, here's some good news for all Joyriders: Official Public Health Joy Podcast merchandise is now available on our website! Thanks for listening, see you next time.  Key Points From This Episode:Data Scientist Heather Krause explains who she is and what she does. [01:21]The ins and outs of the organization she founded – We All Count. [03:57]Recognizing that you're the problem by societal constructs and how to move forward. [06:19]Why stats and numbers are always important, regardless of how we feel. [09:16]Art therapy: why numbers are art, and being more creative in teaching and learning. [13:12]The importance of unlearning our fear of numbers and data. [17:45]Thinking more critically and doing so from a human-centered perspective. [23:30]More details on the overall impact of the work being done at We All Count. [25:02]Why it matters to understand who designed the formula and a quick look at AI. [29:38]Heather describes all the things that bring her joy at work. [35:48]It's time to get your official Public Health Joy Podcast merchandise; now available on our website! [38:26]If you enjoyed this episode, please subscribe, rate and, leave a review! For more transcripts, show notes,and more visit: https://joyeewashington.com/public-health-joy-season-4/ 

At the start of the year, Fidelity Canada launched three new products built on Fidelity's robust quantitative and fundamental research. These new products and many others including Fidelity's Factor ETFs are managed by Fidelity's Quantitative Research and Investments Team, which includes more than 200 dedicated quant developers and technologists. In today's digital age where data is playing an increasingly important role in every facet of life, quantitative investing is expected to grow in the marketplace in the years and decades to come. Joining the show today is Neil Constable, Fidelity Head of Quantitative Research and Investments, to further unpack how the Quantitative Research and Investment Division fits within the broader Fidelity ecosystem and share how these new data-driven solutions may benefit you. Recorded on March 12, 2025. At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For a fourth year in a row, FidelityConnects by Fidelity Investments Canada was ranked #1 podcast by Canadian financial advisors in the 2024 Environics' Advisor Digital Experience Study.

Tom welcomes back Matthew Pipenburg from Von Greyerz Gold Switzerland for another thoughtful swap-fest. They began by discussing the ongoing conflict in Ukraine and its impact on military spending, which has diverted resources away from domestic priorities like healthcare and education. They pointed out that many countries are facing significant debt issues, leading to a shift away from the US dollar as the primary reserve currency. This trend has increased interest in gold as an alternative asset for reserves. The role of gold was a key topic, with Matthew noting that while revaluing gold could offer short-term benefits but it wouldn't resolve the underlying debt crisis. Central banks, especially those in BRICS countries, have been increasing their gold holdings as a strategic reserve, reflecting growing doubts about fiat currencies. Matt criticized high military spending relative to domestic investments in the US, arguing that this imbalance is unsustainable. They also talked about central bank operations and market manipulation. Quantitative easing has led to market distortions and bubbles, while market manipulation risks eroding trust in financial systems. The conversation turned to global shifts, with BRICS countries gaining influence through their increased use of gold as a reserve asset. Tom highlighted the likelihood of significant market corrections due to high valuations and economic instability. Finally, Matthew emphasized the need for informed, fact-based discussions rather than partisan debates, urging critical thinking about government policies and encouraging engagement with diverse viewpoints from contrarian sources like Jeffrey Sachs. Time Stamp References:0:00 - Introduction0:43 - Peace & Euro War Drums17:53 - Cold War & Rationality26:30 - Trump & The Liberal Shift29:00 - Negative Real Rates34:18 - Capital Controls & CBDCs37:49 - Cognitive Dissonance?41:25 - Yellen & Short Term Debt45:53 - Adjustment Period52:23 - Gold Going Mainstream?58:04 - Revaluing U.S. Gold1:02:02 - U.S. Gold Holdings?1:08:15 - Canadian Leadership1:10:30 - Conclusion & Wrap Up Talking Points From This Episode The world faces significant economic challenges, including high debt levels, shifting reserve currencies, and the weaponization of financial instruments. Gold is increasingly seen as a safer asset in uncertain times, with central banks diversifying their reserves. There's an urgent need for balanced, fact-based discussions to address complex economic and geopolitical issues. Guest LinksX: https://x.com/GoldSwitzerlandWebsite: https://goldswitzerland.com/Website: https://vg.goldArticles: https://signalsmatter.com/Book (Amazon): https://tinyurl.com/pvpfmy8c Matthew Piepenburg is a Partner of Von Greyerz and the author of the popular book, "Rigged to Fail". Matt is fluent in French, German, and English. He is a graduate of Brown (BA), Harvard (MA), and the University of Michigan (JD). His widely-respected reports on macro conditions and the changing behavior of risk assets are published regularly at SignalsMatter.com.

Why don't you see much wind tunnel-based testing on Escape Collective? It's something the geeks are forever discussing internally, and in this week's episode, they discuss some of the difficulties in getting such testing to provide truly useful results.You'll also hear Ronan McLaughlin, Dave Rome, and Zach Edwards (Boulder Groupetto) cover the latest news in the world of cycling tech, including a recent high-profile wheel failure, Canyon's new customisation program, and BMC's latest recall.Members of Escape Collective get an extra 20 minutes in the form of Ask a Wrench. This week the geeks answer questions about converting a bike for triathlon, why chains wear more rapidly on mountain bikes, and silencing a certan type of creaky seatpost.Enjoy!Time stamps:4:20 - Chris Froome's wheel failure9:15 - Canyon's new customisation program15:55 - On Ronan's Mind: Quantitative testing making bikes worse33:20 - BMC recalls the Kaius gravel bike39:30 - Nukeproof returns41:45 - Ask a Wrench: a first triathlon (member-only)48:55 - Rapid chain wear on MTB (member-only)53:25 - Fixing a creaking Canyon/Ergon seatpost and our thoughts on carbon pastes (member-only)

This week on Sinica: February 24 marks the third anniversary of Russia's full-scale invasion of Ukraine, and as I've done for the last two years, I moderated a panel organized by Vita Golod, a Ukrainian China scholar who happens to be here in Chapel Hill, North Carolina, at UNC as a visiting scholar. She's worked tirelessly to promote awareness of the war, and I'm honored again to have been asked to moderate this panel.The guests you'll hear from are:Dr. Una Aleksandra Bērziņa-Čerenkova, Director of the China Studies Centre at Riga Stradins University in Latvia. Fluent in Chinese, Russian, and English, she has collaborated with scholars like Kerry Brown of King's College London and has done extensive work on China's role in Europe and beyond.Dr. Dmytro Yefremov, Associate Professor in the Department of International Relations at the National University "Kyiv-Mohyla Academy" in Ukraine. A board member of the Ukrainian Association of Sinologists, he specializes in China's foreign relations and has traveled extensively to China, providing firsthand insight into Ukraine's perspective on China's role in the war and beyond.Dr. Qiang Liu, Director of the Energy Economics Division at the Institute of Quantitative & Technical Economics within the Chinese Academy of Social Sciences (CASS). He also serves as the Co-chair and Secretary-General of the Global Forum on Energy Security. His research focuses on energy security, energy economics, and policy, with a particular emphasis on China's Belt and Road Initiative and its global energy partnerships.Dr. Klaus Larres, Richard M. Krasno Distinguished Professor of History and International Affairs at the University of North Carolina at Chapel Hill. An expert on transatlantic relations, U.S., German, and EU foreign policy, and China's role in the post-Cold War order, he has a profound interest in the history of the Cold War and the politics of Winston Churchill.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What will you learn today on The Hormone Genius with Guest Dr. Stephanie Kafie? What devices and technology are available for women to track their fertility? What are the advantages and disadvantages of these devices? What are natural signs of fertility that women can track and what are the advantages/disadvantages of these? How can femtech be incorporated into natural family planning for avoiding or achieving pregnancy? Dr. Kafie was kind enough to give additional information about femtech (see below), what devices are available, what the research is behind these methods and how they can be incorporated into NFP methods formally (such as Sympto-thermal or Marquette Method) or informally. Inito Pattnaik S, Das D, Venkatesan VA. A quantitative home-use framework for assessing fertility and identifying novel hormone trends by recording urine hormones. Medrxiv 2022 Bottom Line: Inito can be used for urinary monitoring of LH, estrogen and progesterone to help identify ovulation. Thakur R, Akram F, Rastogi V, Mitra A, Nawani R, Av V, et al. Development of Smartphone-Based Lateral Flow Device for the Quantification of LH and E3G Hormones 2020 Bottom Line: Using Inito for urinary hormone testing was comparable to the gold standard for urinary monitoring of LH, estrogen and progesterone. Inito vs. Mira Bouchard TP. Using Quantitative Hormonal Fertility Monitors to Evaluate the Luteal Phase: Medicina 2023 Bottom Line: There are few studies validating femtech devices: 2 studies for Inito, one study on Proov, and one comparing Mira and Clearblue. Further studies are needed to validate these devices. Clearblue vs. Mira Bouchard TP, Fehring RJ, Mu Q. Quantitative versus qualitative estrogen and luteinizing hormone testing for personal fertility monitoring. Expert Rev Mol Diagn 2021 Bottom Line: Both monitors had dates of ovulation that were highly correlated. Total satisfaction scores were higher for Clearblue than Mira. Marquette Method using Clearblue Monitor - Non-breastfeeding Fehring, R. J., & Schneider, M. (2017). Effectiveness of a Natural Family Planning , MCN, The American Journal of Maternal/Child Nursing Bottom Line: This study showed 98% effectiveness of the Marquette Method in avoiding pregnancy with perfect use in non-breastfeeding women. Marquette Method using Clearblue Monitor - Breastfeeding Bouchard, T., Fehring, R. J., & Schneider, M. (2013). Efficacy of a New Postpartum Transition Protocol for Avoiding Pregnancy. The Journal of the American Board of Family Medicine Bottom Line: With perfect use, this study showed 98% effectiveness of the Marquette Method for avoiding pregnancy during the transition to regular menstrual cycles postpartum. Marquette Method using Clearblue Monitor - Achieving Pregnancy Bouchard, T. P., Fehring, R. J. (2018). Achieving Pregnancy Using Primary Care Interventions to Identify the Fertile Window. Frontiers in Medicine Bottom line: For women who wish to achieve a pregnancy, using a hormonal fertility monitor alone offers to best natural estimate of a woman's fertile phase of her menstrual cycle. Focused intercourse during 24 menstrual cycles can assist couples with achieving pregnancy. Wearable Devices that track fertility - A Review Cromack SC, Walter JR. Consumer wearables and personal devices for tracking the fertile window. Am J Obstet Gynecol. 2024 Bottom Line: More research is needed on these devices. Studies have many limitations with limited sample sizes and researchers who may have a stake in the company. For a detailed summary read this review: https://www.factsaboutfertility.org/wearables-and-devices-to-track-the-fertile-window-a-review/?mc_cid=7e1bdddb2a&mc_eid=6315adbd87 Medical disclaimer: The information presented in The Hormone Genius Podcast is for informational purposes only and is not intended to be a substitute for actual medical or mental health advice from a doctor, psychologist, or any other medical or mental health professional.

Send us a textIn this episode of The Wall Street Skinny, we sit down with one of the most legendary quant investors of all time—Pete Muller. As the founder of PDT Partners,  one of the top performing quantitative hedge funds that spun out of Morgan Stanley, Pete shares his fascinating journey. He offers a behind-the-scenes look at how statistical arbitrage strategies drive market success, the importance of building a strong research-driven team, and why trust and collaboration are essential in quantitative finance.Beyond the trading floor, Pete's story takes unexpected turns. From high-stakes poker games that sharpened his risk management skills to a deep passion for music, he discusses how these seemingly unrelated pursuits have shaped his approach to investing. He also delves into the emotional side of finance—how quants, despite relying on models, still experience the highs and lows of market movements, and why understanding human psychology is just as critical as analyzing data.Whether you're an aspiring quant, a seasoned investor, or just someone intrigued by the intersection of finance, strategy, and creativity, this episode is packed with insights. Plus, as a special treat, we close the episode with a song from Pete Muller and the Kindred Souls—his band that embodies his lifelong love for music. Tune in for an engaging discussion on markets, models, and the unexpected ways in which finance and the arts collide.Check out Public.com at the link http://public.com/wallstreetskinnyOur Investment Banking and Private Equity Foundations course is LIVE: Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $49 HEREOur content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.Public Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk...

Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com   Join Clay Clark's Thrivetime Show Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com  **Request Tickets Via Text At (918) 851-0102   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

Putting by the Numbers: A Quantitative Method of Lag Putting by Bob Labbe with Mike ShawAre you looking to better your golf score? You can achieve this goal by improving your lag putting. In Putting by the Numbers, author Bob Labbe provides a quantitative method of lag putting applicable for all golfers whether recreational, amateur, or professional. It can help you reduce your score by four to five strokes per round regardless of skill level.This method is based upon science, including physics and engineering mechanics, but is simplified and reduced to an arithmetic method anyone can use if able to do simple arithmetic in their head quickly. Putting by the Numbers provides a video trailer and an on-course and in-home practice video that fully demonstrates the method that can be used to play on any golf course throughout the world.No new equipment or change in your putting stroke is needed, just the willingness to practice in and around the putting green to develop your unique power factor to overcome the frictional surfaces encountered during play.Bob Labbe earned his bachelor's degree in engineering from Georgia Institute of Technology in 1968 and began studying for his master's in engineering and business; in 1972, he embarked on his career in air pollution control, engineering, manufacturing, and installing industrial systems throughout North America and in other parts of the world. He began his career with American Air Filter in 1968 and in 1972 became a founding member of the first of three air pollution control companies he led over forty-nine years.Conducting business often meant playing golf with salesmen, and Bob worked with many over the years who were also passionate about the game. For twenty-five years, he attended an annual sales meeting that featured a one-day golf tournament. While Bob was rarely competitive with these accomplished golfers, he learned to love the game and knew that one day, he would play it on a regular and dedicated basis, which he began doing in 1996.As he played more, he realized that becoming a good golfer depended on putting. Putting by the Numbers is the result: the method of lag putting he developed to be able score at a level that was both satisfying and competitive, a method that has allowed him to shave 8 to 12 strokes per round from his early playing days.https: //www.puttingbythenumbers.comhttps://www.puttingbythenumbers.com/https://www.amazon.comhttps://bookhavenliterary.com/http://www.bluefunkbroadcasting.com/root/twia/21325blbhl.mp3  

Send us a textThis episode dives deep into the intricate relationship between product adoption monitoring and customer success. Eleni Vorvis, a seasoned customer success professional, shares her expertise on implementing effective monitoring strategies and establishing robust feedback loops with product management teams. The discussion explores both quantitative and qualitative approaches to tracking adoption, emphasizing the importance of cross-functional collaboration and clear communication channels.Detailed AnalysisThe episode presents a comprehensive framework for monitoring product adoption and managing product feedback, highlighting several key strategic elements:Strategic Approach to Adoption MonitoringThe discussion emphasizes the critical importance of a unified approach to monitoring product adoption. Rather than siloing this responsibility, organizations should foster collaboration between teams and establish clear ownership of monitoring processes. This includes leveraging various tools such as in-app analytics, Pendo, and BI tools to gather comprehensive usage data.Data Collection and AnalysisA dual approach to data collection emerges as a best practice:Quantitative metrics: Tracking user login frequency, feature usage, and engagement patternsQualitative feedback: Gathering user experiences, challenges, and success stories through direct communication channelsCommunication Channels and ToolsThe episode outlines various methods for managing product feedback:Dedicated Slack channels for real-time feedback sharingRegular cross-functional huddles with product teamsJIRA integration for structured feedback managementCustomer portals for direct feature requests and votingProduct Development Process UnderstandingA key insight reveals the importance of CS teams understanding the product development lifecycle, including:Sprint duration and planningStory point allocationEpic creation and managementFeature prioritization criteriaEmerging Technology IntegrationThe discussion touches on the evolving role of AI in product adoption monitoring:Custom GPTs for data synthesisAI-powered BI tools for comprehensive customer insightsIn-app guidance systemsAgentic AI for user assistanceBest Practices for Customer CommunicationThe episode emphasizes transparent communication with customers regarding:Feature request processesRoadmap expectationsDevelopment timelinesPrioritization criteriaThis comprehensive approach to product adoption monitoring demonstrates the evolving nature of customer success and its crucial role in product development and customer satisfaction.Please Like, Comment, Share and Subscribe. You can also find the CS Playbook Podcast:YouTube - @CustomerSuccessPlaybookPodcastTwitter - @CS_PlaybookYou can find Kevin at:Metzgerbusiness.com - Kevin's person web siteKevin Metzger on Linked In.You can find Roman at:Roman Trebon on Linked In.

Quantitative waveform capnography is used in ACLS as a way to confirm good CPR and placement of an endotracheal tube; identify return of spontaneous circulation; and during post-cardiac arrest care.We can use waveform capnography with, and without, an advanced airway in place.Monitoring end tidal CO2 during rescue breathing.Use of capnography to objectively measure good CPR.Capnography is a preferred method of confirming endotracheal tube (ETT) placement over x-ray during a code. During CPR, a sudden increase in ETCO2 may indicate ROSC. Quantitative waveform capnography use in the post-cardiac arrest algorithm.Connect with me:Website: https://passacls.com@Pass-ACLS-Podcast on LinkedInGive Back & Help Others: Your support helps cover the monthly cost of software and podcast & website hosting so that others can benefit from these ACLS tips as well. Donations via Buy Me a Coffee at https://buymeacoffee.com/paultaylor are appreciated.Good luck with your ACLS class!

Steven Cress talks to Kim Khan about his top dividend picks for the year. How dividend stocks may fare in 2025 (1:25). Highlighting Quant dividend grades (5:05). Why NewLake Capital Partners is a hold but still recommended (7:20). John Wiley & Sons' great safety grade; Clorox's diversification and profitability (8:45). CareTrust REIT's strong valuation (11:45). Northrop Grumman's record backlog (13:30). Philip Morris for diversified yields, comparing it to Altria (16:10). VICI Properties' great profitability (20:30).Show Notes:Top Dividend Stocks For 2025Read our transcriptsFor full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions

In this episode, Rob and Magi discuss some of the natural disasters that have contributed to process safety incidents in recent years, including the impacts that Hurricanes Harvey, Laura, Ida, Ian, and Helene have had. For related content, please check out our past episodes below. Episode 26 - Natural Hazard Assessment and Planning Episode 103 - Quantitative and Qualitative Natural Disaster Preparation with Guest Mike Washington

Darshan H. Brahmbhatt, Podcast Editor of JACC: Advances, discusses a recently published original research paper on the Relationship Between Quantitative Ischemia, Early Revascularization, and Major Adverse Cardiovascular Events in a Multicenter Study.

Interview recorded - 10th of January, 2024On this episode of the WTFinance podcast I had the pleasure of welcoming back Steve Hanke. Steve is the Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University.  He is also the author of the recently released book “Capital, Interest and Waiting: Controversies, Puzzles and New Additions to Capital Theory”.During our conversation we spoke about what happened in 2024, quantitative tightening, the treasury, drivers of money supply, trump inflation, the dollar wrecking ball, recession risk and more. I hope you enjoy!0:00 - Introduction2:20 - Review of 2024?8:18 - Quantitative tightening10:47 - Treasury bond issuance 13:37 - Issue with FED & Wall Street17:52 - Drivers of money supply21:32 - Bond market issue28:18 - Trump inflationary?31:27 - Dollar wrecking ball36:32 - Grow money supply with high debt?42:12 - One message to takeaway?Steve H. Hanke is a Senior Fellow, Contributing Editor of The Independent Review, and a Member of the Board of Advisors at the Independent Institute. He is a Professor of Applied Economics and Founder and Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. He is also a Senior Adviser at the Renmin University of China's International Monetary Research Institute in Beijing, and a Special Counselor to the Center for Financial Stability in New York. Hanke is also a Contributing Editor at Central Banking in London and a Contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement and a Distinguished Associate of the International Atlantic Economic Society. He is ranked as the world's third-most influential economics influencer by FocusEconomics in Barcelona, Spain.Steve Hanke: Book - https://link.springer.com/book/10.1007/978-3-031-63398-0X -  https://x.com/steve_hankeBio - https://www.independent.org/aboutus/person_detail.asp?id=516WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas

Watch the video version of this podcast episode. --------------------------------- Become a #DrGPCR Ecosystem Member --------------------------------- Imagine a world in which the vast majority of us are healthy. The #DrGPCR Ecosystem is all about dynamic interactions between us working towards exploiting the druggability of # GPCRs. We aspire to provide opportunities to connect, share, form trusting partnerships, grow, and thrive together. --------------------------------- To build our #GPCR Ecosystem, we created various enabling outlets. Individuals Organizations Are you a #GPCR professional? ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to #DrGPCR Monthly Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listen and subscribe to #DrGPCR Podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listen and watch GPCR-focused scientific talks at #VirtualCafe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

Sean Campbell is the CEO of Cascade Insights and has been training, mentoring, and educating all his life. An exceptionally well-regarded conference speaker and author, Sean has delivered talks for Fortune 50 companies and top-tier conferences. He has also been the author of several books on technical and business topics. Sean has been a professional services firm owner for over 20 years. He is passionate about running a remote-first company, and has been doing so long before it was cool – dating back to the 20th century!00:00 - 00:17 "One of our informal mottos around here is we deliver bad news to good people because you kind of pay more for bad news when it comes to market research than good news. If you walk off a findings presentation and all you can say is, well, it confirms what we know. That's only so exciting. In a weird way, we get paid for delivering the bad news.” — Sean Campbell00:18 - 00:36 Welcome to Peppershock Media's Marketing Expedition Podcast00:37 - 01:53 Sean's Bio01:54 - 08:38 Marketing Essentials Moment: Art of Audio08:39 - 12:05 Welcome to the show, Sean!12:06 - 17:46 Memorable Projects and Campaigns17:47 - 20:47 Types of Market Research and Their Applications20:48 - 25:00 Recruiting Participants for Market Research25:01 - 30:17 Challenges in Quantitative vs. Qualitative Research30:18 - 34:15 Differences Between Quantitative and Qualitative Insights34:16 - 35:16 How do you know if your business is keeping up with all the tools, tips, and trends that will keep your marketing on the cutting edge? Join us Thursday, January 16th, 2025 for our annual interactive workshop, New Marketing Trends for the New Year!35:17 - 41:54 Advice for B2B Companies Considering Market Research41:55 - 44:44 Adopting to Gen AI44:45 - 49:44 Advice for Students Learning Market Research49:45 - 52:26 Quantitative Survey and Data52:27 - 56:17 Emerging AI Trends56:18 - 57:26 Reach out to Sean - https://www.cascadeinsights.com/57:27 - 58:27 Thank you so much, Sean! Share this podcast, give us a review, and enjoy your marketing journey!58:28 - 59:14 Join the Marketing Expedition Community today! Like what you hear, but need more information?Meet with Rhea Allen#MarketResearch #BuyerPersonaResearch #B2BMarketing #BrandStudies #MarketingEssentialsMoment #ArtofAudio #Sales #FreshMarketingStrategy #CascadeInsights #QualitativeResearch #QuantitativeResearch #Gen AI #MarketingTips #AITools #AITrends Hosted on Acast. See acast.com/privacy for more information.

Does a food carbon tax increase animal deaths and/or the total time of suffering of cows, pigs, chickens, and fish? Theoretically, this is possible, as a carbon tax could lead consumers to substitute, for example, beef with chicken. However, this is not per se the case, as animal products are not perfect substitutes. I'm presenting the results of my master's thesis in Environmental Economics, which I re-worked and published on SSRN as a pre-print. My thesis develops a model of animal product substitution after a carbon tax, slaughter tax, and a meat tax. When I calibrate this model for the U.S., there is a decrease in animal deaths and duration of suffering following a carbon tax. This suggests that a carbon tax can reduce animal suffering. Key points Some animal products are carbon-intensive, like beef, but causes relatively few animal deaths or total time of suffering because [...] ---Outline:(00:57) Key points(03:07) The Small Animal Replacement Problem(05:46) The model(05:49) Input data and market model(08:14) Measuring animal welfare impacts(09:39) Results(09:42) Carbon taxes(11:31) Slaughter taxes(12:10) Is a carbon tax or a slaughter tax better?(13:41) Cant we just put a simple tax on meat and fish instead?(14:06) Limitations(15:54) Full thesisThe original text contained 1 image which was described by AI. --- First published: January 3rd, 2025 Source: https://forum.effectivealtruism.org/posts/KbREamTda2sZhKtTz/will-a-food-carbon-tax-lead-to-more-animals-being --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.

Commentary by Dr. Jian'an Wang.

A two-country general equilibrium model is developed to study the global consequences of quantitative easing and foreign exchange intervention. The model incorporates financial frictions such as limited commitment, differential pledgeability of assets as collateral, and a low supply of collateralizable assets. Due to differential asset pledgeability, financial intermediaries acquire different asset portfolios particular to their home country. Quantitative easing can reduce long-term nominal interest rates, mitigate financial frictions globally, and depreciate the currency of the country that supplies more pledgeable assets. The international effects of foreign exchange intervention depend on the implementing country. If implemented by the country that supplies more pledgeable assets, such intervention can ease financial frictions and enhance welfare globally.

FAVOR III Europe: Quantitative Flow Ratio or Fractional Flow Reserve for Guiding Coronary Revascularization

Learning to teach math teachers better with Erin Krupa, Associate Professor College of Education at North Carolina State University, and Jonathan Bostic, Professor and Director of Grant Innovations in the College of Education and Human Development at Bowling Green State University. Listen as Erin and Jonathan share about the importance and benefits of building a community, and also about the project Validity Evidence for Measurement in Mathematics Education. Validity Evidence for Measurement in Mathematics Education website https://mathedmeasures.org/ (https://mathedmeasures.org/) Math Ed Podcast episode 2409: Jonathan Bostic - math ed measures and validity (https://www.podomatic.com/podcasts/mathed/episodes/2024-10-21T18_57_39-07_00) Bostic, J., Krupa, E.,, & Shih, J. (Eds.) (2019). Quantitative measures of mathematical knowledge: Researching instruments and perspectives (https://www.routledge.com/Quantitative-Measures-of-Mathematical-Knowledge-Researching-Instruments-and-Perspectives/Bostic-Krupa-Shih/p/book/9780367670757). New York, NY: Routledge. Bostic, J., Krupa, E., & Shih, J. (2019). Assessments in mathematics education contexts: Theoretical frameworks and new directions (https://www.routledge.com/Assessment-in-Mathematics-Education-Contexts-Theoretical-Frameworks-and-New-Directions/Bostic-Krupa-Shih/p/book/9780367670764). New York, NY: Routledge. AMTE STaR Program (https://amte.net/star) Special Guests: Erin Krupa and Jonathan Bostic.

2024 as an investing year, according to Steven Cress (1:15). Scoring top 10 picks of 2024 with Quant methods (7:30). Top performer AppLovin up YTD about 907%. Total return 155.7% (10:00). What happened with the list's underperformer, Dorian? (17:25). Magnificent 7 stocks past and future growth (23:00). (RSP) for 2025 (27:20).Show Notes:Top 10 Stocks For 2024Top 10 Quant Stocks Of 2024: Up Over 120%AppLovin quant ratingsRead the transcriptsFor full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions

CONFIRM-2: Artificial Intelligence Enabled Quantitative CT Assessment of Atherosclerosis and Major Adverse Events: A Multi-Center International Registry

This episode is a compilation of answers to YOUR questions that were asked directly from my listeners who attend my weekly business education YouTube live webcast. Topics covered include: Best business and finance books to read, Why was Elon Musk buying Twitter so important, How to break into quantitative trading and more. Refer to chapter marks for a complete list of topics covered and to jump to a specific section. Download my free "Networking eBook": www.harouneducation.comAttend my weekly YouTube Live every Thursday's 8am-11am PT. Subscribe to my YouTube Channel to receive notifications. Learn more about my MBA Degree ProgramConnect with me: YouTube: ChrisHarounVenturesCompleteBusinessEducationInstagram @chrisharounLinkedIn: Chris HarounTwitter: @chris_harounFacebook: Haroun Education Ventures  TikTok: @chrisharoun

AI is becoming a transformative force in healthcare, particularly in addressing clinician burnout. At Advocate Health, Dr. Jeffrey Cleveland, Ambulatory CMIO, is at the forefront of integrating AI and ambient listening tools to enhance clinician efficiency and well-being. In a longitudinal study conducted in collaboration with Microsoft, Advocate Health tested the impact of AI-based clinical […] Source: Study Author Says, Despite Moderate Quantitative Gains, Ample Qualitative Anecdotes Warrant Going Full Steam Ahead on AI-Powered Ambient Listening Tools on healthsystemcio.com - healthsystemCIO.com is the sole online-only publication dedicated to exclusively and comprehensively serving the information needs of healthcare CIOs.

HT2097 - A Quantitative Audience, or a Qualitative One This is a bit of a false question because it is possible to have both, as Ansel Adams has proved. But for most of us, and for most of our work, it seems that we can have a quantitative audience via digital means or a qualitative one in the gallery.

The whole world knows the outcome of the recent US election. Many are shocked that Americans chose the leader they chose. What data offered a glimpse into the concerns of everyday Americans that could have predicted the outcome? And, was the data that political scientists studied selective or transparent?To better understand what drives public opinion and political reasoning, Harvesting Happiness Podcast host Lisa Cypers Kamen speaks with Anthony Fowler, a professor at the Harris School of Public Policy at the University of Chicago where he conducts quantitative research on elections and politics. Anthony deconstructs public opinion and political data to offer a quantitative analysis on the reasoning behind why people think, and vote, the way they do.This episode is a special edition of the Good Citizens Election Season Survival Guide designed to help restore common sense and sanity in a crazy world…Like what you're hearing?WANT MORE SOUND IDEAS FOR DEEPER THINKING? Check out More Mental Fitness by Harvesting Happiness bonus content available exclusively on Substack and Medium.

Part 2 of 4: Jon Chee hosts Chris Moxham, the Co-Founder, CEO, and CSO of Transcripta Bio, a pioneering biotech company charting a faster path in drug discovery to create better lives for people around the world. Chris earned his PhD in Molecular and Cellular Pharmacology at Stony Brook University and is a seasoned veteran with over 25 years of drug discovery experience, having spent two decades at Eli Lilly where he was instrumental in advancing over 10 molecules into clinical trials across multiple therapeutic areas and both small and large molecule modalities. Chris has a wealth of knowledge, and his commitment to both scientific advancement and team growth makes his insights invaluable for aspiring leaders in biotech.

Looking back at some of the funnier and more memorable episodes. Focusing n a few specific topics from years ago. Thank you Ryan for putting this together. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter DONATIONS ? OHHH - the new shirt design is coming along... Thanks again to the great Ryan Rediske for putting this episode together! This is a DH Unplugged chronicle of the rise and fall of the Facebook initial public offering; a cautionary tale of hubris and hype that ended with chaos, panic and scandal. Episode 139, February 7th, 2012, the Facebook IPO is announced with great expectations. John C Dvorak, our tech hero, makes two courageous and bold predictions. Andrew Horowitz, our financial wizard, combines his unmatched insight with his extensive analysis skills to summarize the fundamentals. April 11th, Facebook buys Instagram. John mentions a lost opportunity and Andrew questions the logic. May 3rd, The Instagram purchase is analyzed further. Begun, the patent wars have. May 10th, Facebook alters their S1. Pray they do not alter the deal further. John announces special Facebook Friday. Andrew foreshadows with concerns. May 16th, The price rises, the revenue falls. John is cheap faked for humorous effect. Andrew offers sage IPO purchase advice. May 23rd, John admires a Facebook hit piece. Andrew sheds light on some potentially shady underwriting. May 23rd, Andrew shorts Facebook. John lavishes him with praise. May 30th, John predicts law suits. Andrew senses foul play and greed. August 1st, Facebook stock plays limbo; how low can they go? Guess who they blame? September 5th, A major firm downgrades Facebook and Andrew predicts a short squeeze. October 10th, Facebook makes the cover of Barons.   We join our heroes in the spring of 2011, discussing the potential for round three of the federal reserve's quantitative easing program to buy bonds and lower interest rates in an attempt to stimulate the economy. Episode 105, April 14th, Morgan Stanley estimates US GDP. John uses the words "bull crap". April 21st, The fed considers doubling down with a mediocre hand. Our dynamic duo sees this for what it really is. May 25th, Andrew displays an exercise in mental acuity. John lands an impressive judo chop. June 22nd, Bernanke to host an unprecedented "ask me anything" for his fans. Will it work? August 3rd, John shares his take. Andrew asks an important question about QE3. August 10th, Andrew analyzes an unexpected outcome. John says "interesting". September 21st, Our beloved hosts argue about the origin of twist and shout. John refrains from using the word scam. Episode 142, February 29th, 2012, Andrew finds a curious correlation. John offers a heartfelt apology. To himself. June 13th, Quantitative easing efficacy is questioned. September 5th, Andrew reaffirms Q E 3 still makes no sense. September 19th, John gets an idea. Andrew speculates that the federal reserve indulges in recreational drug use. December 12th, John tells a joke. Andrew says unlimited beer is stupid.     Love the Show? Then how about a Donation? The Closest to The Pin - Carvana (CVNA) Winners will be getting great stuff like the new DHUnplugged Shirts (Designed by Jimbo) - PLUS a one-of-a-kind DHUnplugged CTP Winner's certificate..   FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

Keith discusses the current state of the US economy, noting that while it is considered strong by conventional measures, there are four major threats on the horizon that the country is not doing enough to address. He's joined by our guest, macroeconomic expert, Richard Duncan to discuss these topics. Richard proposes a solution that could strengthen the US's competitive position against China. Shifting from Capitalism to Creditism. Also, hear about the risks facing the real estate and stock markets in the near-term, such as the historically high wealth-to-income ratio and the ongoing quantitative tightening by the Federal Reserve. Learn more about Richard's work through his video newsletter, Macro Watch. Use discount code GRE for 50% off at: RichardDuncanEconomics.com Show Notes: GetRichEducation.com/527 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai  Keith Weinhold  0:01   Keith, welcome to GRE. I'm your host. Keith Weinhold, per conventional measures, today's us. Economy is strong, but there are four vicious threats on the horizon, and we're not doing enough about them. Our macroeconomist guests will discuss that with us today. How alarming is it, and what's the solution to our crises, this week on get rich education,   Speaker 1  0:27   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:12   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:28   Welcome to GRE from Fort Wayne, Indiana to Fort Lee New Jersey and across 188 nations worldwide. I'm Keith Weinhold, and you are back inside get rich education. We've been here for you, every single week since 2014 coming off of an election last week, this spurs more macroeconomic thought, monetary and fiscal policy, and more than that. And you know, one thing that I'm always looking for are signs of inflation versus deflation, because we live in a long term inflationary world. Well, you wouldn't keep a million bucks under a mattress because it would only be worth 300k in a few decades. But in deflation, you would flip your strategy and actually be a saver. You might keep millions out of the mattress, because deflation would actually increase the purchasing power of every single one of your dollars. Now, I've got a pretty unpopular take for you here at some point, probably now you've got to give the Fed credit for a soft landing. And what does a soft landing mean? Exactly. It means bringing down inflation without putting the economy into a recession. Well, inflation is down to about 2% now, unemployment is still low, near 4% and GDP growth for last quarter came in at 2.8% okay, yes, I sure understand that those benefits are distributed unevenly, but at this point, how much more of a soft landing Do you really want? And by the way, this sure doesn't mean that I love the Federal Reserve. I mean, they get no credit from me for not jumping on inflation sooner, when it peaked two and a half years ago, or even before that point, well, those high consumer prices as a result of that are still with us, and that's a problem, and they got that part wrong. We're about to talk with our global macroeconomic expert, really. He is one of the foremost authorities in the entire world today. We're going to talk about four major catastrophes the US economic future faces. One of those four is our ballooning national debt and deficit. And to review that for you, first, the debt is our overall accumulation of debt over the years now at 36 trillion. And when it comes to these awful, dreadful debt and deficit issues, I will ask our guests the question, when is it game over? Where is that tipping point? What would need to happen and the deficit? Okay, that refers to the annual shortfall, the annual thing, that shortfall that our bloated government keeps coming up with at the end of every year, all right, so therefore revenue minus spending equals deficit. Another way to say that is income minus expenses equals a deficit when the expenses are greater than the income. Well, that figure is near $2 trillion we're spending 2 trillion more than we raise in revenue each year. And here's an example. I'll use real world numbers rounded off to the nearest trillion. So if the government's annual revenue is only 5 trillion and you have to subtract out spending, which is 7 trillion, that could. Gives us an annual deficit of 2 trillion, pretty simple stuff, and that more or less gets added onto our overall debt of 36 trillion. Another major problem is this growing competition from China. Yes, I know that people like to discuss their demographic problems, but still, their population is more than four times the US population, and you learn about what other advantages they have over us and what we direly need to do to catch up. In our guests opinion, these issues incur some rather detailed explanations. So I'm really going to let our guest expert takeover for a while today, this weekend, I will be in San Antonio, Texas. San Antonio is an uptrending real estate market because they are really a beneficiary in distribution with their proximity to Mexico in the near shoring movement that's taking place. And then I will be in Austin, Texas, for a few days, Austin is one of the few major US metros that have seen rents substantially decline recently. I'll bring you next week's show from Austin, where I might talk more about that. Then, from the 20th to the 24th of this month, I'll be in New Orleans at the famed New Orleans investment conference, where they're pulling out all the stops at the 50th anniversary of the event, and that is the longest running investment event in America and perhaps the world. I hope to meet some of you there in New Orleans, just like I do each time I'm at the event. Let's talk about the bigger picture economy that your real estate and investments float within next.   This week's guest is the author of four books analyzing the crises that brought the global economy to the brink of collapse in recent decades. One of the books forecast the 2008 global financial crisis with great accuracy. We're going to discuss future crises here today, before we're done, he has worked as an equities and Investment Analyst, and then he went on to hold some rather esteemed roles at the World Bank in DC and as a consultant to the IMF in Asia. He joins us from Thailand today. He now publishes a video newsletter called macro watch, and long time listeners know that today's guest was also this show's very first guest that was back on GRE podcast episode seven, only 10 years ago now, in November 2014, and he's really become quite the friend of the show, and we've looked out for each other ever since. It's terrific to have back global macro economist Richard Duncan   Richard Duncan  7:46   Keith, hey, thank you for having me back. It's great to speak with you again.   Keith Weinhold  7:50   Oh, it's so good to have you here an entire decade of our lives. And as times change, economies are surely dynamic, and you're so good at spotlighting crises and explaining them in a way to people that they can understand. So Richard, why don't you talk to us now about risks facing the nation? Yes, I'm talking about the United States.   Richard Duncan  8:15   A lot of podcasts focus on all the problems the United States is facing, and it is certainly true that the United States is facing very serious risk. So I'd like to start off this conversation telling you what I think the greatest risk facing our country are. There are four main things I'd like to hit on. The first is something you mentioned to me before in our exchange of emails, is that the US government does have a very high level of government debt relative to GDP, and the budget deficits are large. So that's problem number one. Problem number two, in my opinion, looking at this from where I live in Asia, is that the United States is at risk of being conquered by China in the not too distant future. Risk Number Two. Risk Number three, we have very serious domestic political divisions within the United States. Risk Number four is that our post capitalist economic system, which I call creditism, must have credit growth to survive. If credit contracts, then our economy will spiral into a Great Depression that will be probably worse than the one of the 1930s so those are the big four problems that we have, and it doesn't do anyone any good just to talk about our country's problems if you don't offer a solution to them. So in my opinion, all of these problems can be overcome by accelerating economic growth in the United States, while all of these problems would be made very much worse by anything that causes us economic growth to slow down. The way to make the US economy grow much faster is to have the US Government finance a very, very large investment in the industries and technologies of the future over the next 10 years, starting immediately. The alternative austerity would cause the economy to spiral down into deflation. We'd like your listeners to think of austerity when they hear the word austerity. I'd like them to think of the word death. It's austerity is equal to death. Yeah, the US doesn't have to be a declining power. The first American Century doesn't have to be the last. It can be the first of many. The solution for driving the US economy to grow much more rapidly and solving all four of the problems that I mentioned above is a US sovereign wealth fund. Thank heavens. Both parties now support the establishment of a US sovereign wealth fund. On September 5, former President Trump came out in support of establishing a US sovereign wealth fund, and on the following day, the Biden administration said, then working on this for months and had a plan that they were developing. So this is fantastic news for the United States. It offers great hope for solving all of our greatest problems. And I'd like to spend, you know, a few minutes explaining to your listeners what a US sovereign wealth fund is, yes, urgently necessary, and why both parties have now come to understand why this is important to establish.   Keith Weinhold  11:27   Yeah, please tell us why you think the US sovereign wealth fund is so urgently needed, and what it is because for even longer than the 10 years since you were first here, for about 15 years now, you have championed and promoted this US sovereign wealth fund. You discussed it on CNBC Squawk Box and all over the place. Last year, you presented about it in a speech in DC to 15 members of the House, Ways and Means Committee. So tell us about the US sovereign wealth fund and why you think it's urgently needed.   Richard Duncan  11:56    Let's begin with, what is a sovereign wealth fund? Well, effectively, a sovereign wealth fund is where a country invest in individual companies or even in startups. There are sovereign wealth funds all around the world. Norway has the largest, Singapore has two very effective ones called gdic and Temasek, which had been enormously profitable and successful, and it made the people in Singapore much richer. So a sovereign wealth fund in the United States would be an investment bond financed by the United States government with the US. This investment fund would take stakes in existing companies and also in startup companies, hopefully on a very large scale. Now, some people have asked, Why is this framework necessary? Why do we need a sovereign wealth fund to do that when the government is already making investments in the military, for instance, and funding some R and D research? Well, the difference between what the government is doing now and a sovereign wealth fund is with a sovereign wealth fund, the government would actually keep equity stakes in these companies that they invest in, meaning that when these companies they invest in become enormously profitable, the profits would be owned by every American. The Americans would have the equity stakes in all of the investments that this sovereign wealth fund makes. And it would be a situation where the government provides the financing, but the private sector manages the companies. The government just finances these companies in new industries and new technologies, and the government has the ability to invest on a very much larger scale than the private sector does. For example, The United States has a lot of great companies in the private sector that have accomplished really, truly great things in recent years and long past as well. But these private sector companies cannot invest on the same scale that the Chinese government can. The Chinese government is investing on a much larger scale than any of the American companies could ever dream to invest on. And that's explains why China is overtaking us now technologically, and if they continue to invest at a rapid rate that they're doing currently, then before long, there are going to be far ahead of us technologically and therefore economically, and more worryingly, militarily, the US government has the ability to invest truly on a multi trillion dollar scale over the next decade in new industries and technologies, things like artificial intelligence, quantum computing, nanotech, biotech, genetic engineering and developing energy sources like fusion, and it has the ability to do this on such a large scale that it would be certain to succeed. And once these companies start creating cancer vaccines or fusion, for instance, they would be enormously profitable, and they could be listed on. NASDAQ at multi trillion dollar valuations, and the American public would own equity stakes in these companies, and would then would directly reap the rewards of these profits that these companies would generate. That is what a sovereign wealth fund is, why it's desperately needed, is, well, first of all, we should do it, because we can easily afford to do it. And the results, the breakthroughs, the technological breakthroughs and medical miracles that these sorts of companies would produce, would we really have the shot of curing all the diseases and radically extending life expectancy, developing sources of limitless energy that would bring down the cost of energy radically. Just across the board, it would induce a technological revolution that would turbo charge us economic growth, create UNDRIP wealth, and at the same time, shore up US national security in the face of this growing threat from China. So for all of those reasons, it is urgently necessary. In my opinion.   Keith Weinhold  16:04   both Norway and Singapore have had similar models to this. US sovereign wealth fund, and we certainly think of those two nations as prosperous places, tell me more about why it's a success so the government finances it does that incentivize companies to therefore take more risk?   Richard Duncan  16:25   It allows them to invest more. It allows them to invest on a much larger scale than that. Could if they have to rely on their own funding sources. Rather than investing millions of dollars, they could invest billions of dollars or 10s of billions of dollars. For instance, at the moment, the National Cancer Institute in the United States, this annual budget is $6 billion a year. $6 billion a year is not curing cancer. If we look back a few years ago, the Fed was creating $120 billion a month through quantitative easing per month. So with just 5% of one month of QE, you could double the National Cancer Institute's budget. Now that's not what this sovereign wealth fund would do. That just illustrates the scale. How much greater the scale would be that the government could invest on relative to what is currently being invested at the moment by the government and by the private sector combined.   Keith Weinhold  17:28   Do any critics ever ask about Wait? Is this too much government intervention into the free market? Is this a move away from capitalism? What do you say to those sort of critics?   Richard Duncan  17:38    I say to them that capitalism died in World War One. It certainly didn't survive the 20th century. Now the government. In the 19th century, we had capitalism. The government had very little involvement in the economy then and gold was money. But now gold is no longer money. The Fed creates some money. Government spending is something like nearly $7 trillion out of a GDP. That is around just not quite $30 trillion yet. So the government has been directing the economy going back at least since World War Two. This hasn't been capitalism for a very long time. Under capitalism, the private sector made investments, and some businessmen would make profits from their investments, and they would save that profit as capital and reinvest that capital. That's how capitalism grew. That's why they called it capitalism. It was based on capital accumulation and investment. But that's not how our economic system has worked for decades. Our system now is not driven by investment and saving by the private sector. It's driven by credit creation and consumption and more credit creation and more consumption and our economies has now been transformed from capitalism. It has evolved into creditism, with the government playing the directing role. So total credit in the United States, just last quarter blew through $100 trillion for the first time. By what I mean by total credit is the same thing as total debt. Total credit is equal to total debt. So this is all the debt of all sectors of the economy, the government sector, the household sector, the corporate sector, the financial sector, Fannie Mae and Freddie Mac all the sectors of the economy, it just went through $100 trillion and Breda ism has created very rapid growth, especially all around the world, not only in the United States, because it has allowed the US economy to grow so rapidly and to import so much from other countries that this is why The Asian miracle occurred. I've lived through the Asian miracle because the US has been running massively large trade deficits since the early 1980s and all these countries in Asia have been running massively large trade surpluses, and all this spending that the Americans have been doing has been fueled by this rapidly. Radically expansion of credit. Total credit first went through $1 trillion in 1964 now it's $100,000,000,000,000. 60 years later. Now our system is not capitalism. The government is very involved. Anytime there's any problem with the economy, the government steps in. In 2008 the government prevented a new Great Depression when the private sector the households defaulted on their debts and caused all the banks to fail, and Freddie Mac did fail and had to be taken over by the government. So at that time, we narrowly avoided a Great Depression, because the government increased its budget deficits by more than a trillion dollars a year for four years in a row, and the Fed expanded. The Fed created three and a half trillion dollars between the end of 2007 and 2014, expanding its balance sheet by about five times. So that's not capitalism. We don't have capitalism. So people who are worried about us abandoning capitalism. They're behind the times that happened a long time ago. That shouldn't be a concern. They should be aware now that we are competing against players who don't play by the capitalist rules of little government intervention in the markets we're now competing against China, and China is one giant sovereign wealth fund intent on dominating the world by investing very aggressively in new industries and technologies. In the year 2000 the United States invested, I think, 10 times as much in research and development as China did. But now China is actually investing more in research and development and the US is and that explains why China is ahead in so many areas of technology. They had 5g years before we did. They are the leaders in electric vehicles and batteries. We have to put up 100% tariffs to keep out electric vehicles from China because they're so much better than our electric vehicles. They dominate solar panels. And are worse, they have hypersonic missiles and we don't, and I'm sure they have other military advantages that we don't, because they invest much more aggressively in new industries and technologies than our government does. And if we don't rectify this quickly, then we are soon going to be overtaken by China militarily, and our national security is at risk, much more than most Americans understand. But this realization has slowly grown on policymakers in Washington, and now both parties are worried about this, and this is why we have this growing fear of China, and why we have proposals to limit technology transfers to China, and this is why we've done things like the chips and science act, where the government has agreed to finance a $280 billion investment in new industries and technologies a couple of years ago, with 50 billion of that going into setting up manufacturing facilities within the in the US to create semiconductors, rather than relying solely on Taiwan to obtain all of our semiconductors, because China could take Taiwan at any moment, and then then he would end up with all the semiconductor chips that go into powering artificial intelligence. And whoever develops Artificial General Intelligence first is going to rule the world, and therefore it had better be the United States rather than China, because we don't want to live in a world dominated by China, believe me.    Keith Weinhold  23:26   Well, a lot of macro voices agree with you. About two months ago, we had the president of the Mises Institute here, and the way he characterized things are in the United States. 100 years ago, we had islands of socialism in a sea of capitalism, and today we merely have islands of capitalism in a sea of socialism. Do you see the US sovereign wealth fund being able to solve all four of the United States big problems that you outlined, debt and deficit conquering by China, political division and creditism. Can it solve all four of those?   Richard Duncan  24:04   Yes, it can. So as you know, Keith, a couple of years ago, I published my fourth book. It was called the money revolution. Yeah? How to find the book? Sure, yeah. How to finance the next American century. It was a subtitle. Now I argue that it would be very easy for the US to invest on a multi trillion dollar scale, new industries and new technologies over the next decade, and if we do that through a sovereign wealth fund, then would generate so much growth and be so profitable that instead of causing the government debt to increase, it would actually make the economy so much larger and generate so many more tax revenues, and the government would make so many profits from these companies that it has equity stakes in that it would reduce the government debt in absolute terms, and radically reduce the government debt relative to GDP, which would grow far faster than it has been growing in recent decades. This problem, number one, solved the high level of government debt. A high level of debt to GDP just make the GDP grow a lot faster, and the ratio of debt to GDP will go down. Problem number two is the US is at risk of being conquered by China. We can out invest China. We can invest more than China can afford to invest. We still have the best universities and the best entrepreneurs and scientists. So if we invest on a large enough scale, we will win, and China will not conquer us. Third, if the economy is growing at 7% a year instead of 1% a year, that is going to alleviate a lot of the domestic tensions that exist currently, much of the reason there's the origins of this domestic political divide that we're now suffering from in the US is because such a large part of the population has been left behind when all the factories moved overseas, countries like China and Vietnam, we de industrialized, and the people who Used to have good factory jobs, good, unionized, high paying factory jobs. All those people were left out in the cold, and they're not happy about it. And so if our economy were growing much more rapidly, these people would have much better jobs and much higher salaries, and they would be much happier than they are at the moment. And the final one was our post capitalist system of creditism requires credit growth to survive. So if the government is financing these investments on a multi trillion dollar scale, it's going to make credit expand, and that's going to keep the economy expanding. So yes, it would solve all four of those problems.   Keith Weinhold  26:35   One of those four problems is the debt and the deficit. I want to dive into that more with Richard as it becomes more and more problematic in the United States, and just how far we can kick this can down the road. You're listening to get rich education. We're talking with macro economist Richard Duncan. More, we come back. I'm your host. Keith Weinhold.    Oh, geez. The national average bank account pays less than 1% on your savings. 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Text family to 66866    Hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group, NMLS, 420056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridgelendinggroup.com that's Ridgelendinggroup.com   Jim Rickards  28:40   this is Author Jim Rickards. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  28:55   Welcome back to get rich education. We are going big this week, talking about the global economy, although mostly centered on the United States, with macroeconomist Richard Duncan. You can learn more about him at RichardDuncaneconomics.com and Richard I want to talk about the debt in the deficit. The debt is the United States overall debt as it accumulates year after year, and the deficit is just the annual thing, and it's so interesting and concerning. When I look at this, when you look at the line items in the United States government's annual spending, we now see that interest payments are taking the second largest chunk, only to Social Security. Social Security's number one interest is the second biggest expense, even more than defense spending and on Medicare. So I just wonder, as I see the interest payments going up and up and up and projected to be our greatest expense every year. You know, one thing I think about Richard is when our interest payments alone exceed our. Revenue somewhere down the road, is that when it's game over, or is that when we're on the way to game over? So can you talk to us about really, where the concern crops up with the deficit, like I talked about, and with the debt that's now at about $36 trillion   Richard Duncan  30:17   deficit and debt is a real problem. It was the first problem that I mentioned when we kicked off the conversation. There are two components of that. One is the fact that government debt has been increasing very rapidly. At the end of 2007 total government debt was around $9 trillion by 2014 it had doubled to $18 trillion because the government had to respond to the collapse of the private sector in 2008 and prevent us from having a great depression at that time, and then after 2014 it has doubled again, from 18 trillion to $36 trillion now, much of that was due to the need for the government to keep us from having another Great Depression during COVID When government stimulus amounted to about $5 trillion and the Fed created a similar amount over just a two year period. So now we have a much higher level of government debt. But the second component of that is that interest rates are very much higher than they used to be. The federal funds rate went up from 0% a few years back to a high of five and a quarter, actually a range between five and a quarter and five and a half. And recently, the Fed cut the federal funds rate by 50 basis points. But you can still say it is 4.9% let's call it 4.9% so interest rates are far higher than they used to be, but they don't have to remain high. The reason interest rates went up is because the Fed increased the federal funds rate. And the reason the Fed increased the federal funds rate is because we had high rates of inflation. Inflation peaked at 9% or so in 2022 but most recently, the CPI has come back down to 2.4% and the Fed's favorite measure of inflation, that PCE Price Index, has come down to 2.2% and that means that the federal funds rate, which is 4.9% is more than twice as high as the inflation rate is. That shows us that we have very tight monetary policy, and the Fed should be able to reduce interest rates very rapidly going forward. They've told us in their dot plot projections that they expect that interest rates will end this year the federal funds rate at 4.4% and then in next year, at 3.4% and 2026 at 2.9% so that reduction in interest rates will bring down the cost of the total interest expense that you mentioned as being so high currently, the risk, however, is that we get a rebound in inflation. We're inflation to surge again, then interest rates won't come down. In fact, they could go higher. So all of my career, more or less, has been spent in Asia. And the main theme that is run through the global economy, the development of the global economy over the last three and a half decades has been globalization, globalization in the form of us running very large trade deficits with other countries. Literally, the US current account deficit since the early 1980s has been $15 trillion meaning countries with the trade surpluses have had a $15 trillion trade surplus, and that's why they've all been transformed economically as a result of their trade surplus with the US, but what the US got out of this was the ability to buy things made with very low cost labor, and that was extremely disinflationary, that drove down the inflation rate in the US, and that allowed interest rates in the US to come down to very low levels that we've seen during most of this century, Up until the time COVID started. The real danger is now, if we do impose very high trade tariffs on China and our other trading partners, then that will cause a very serious spike in inflation. And it won't just be one off, because, of course, when the tariffs are put in place, that will immediately cause everything to be that much more expensive. The US companies importing goods from abroad would have to pay that tariff, then those US companies would pass those higher expenses on to the consumers, so we'd get an immediate spike in inflation. But that would also mean that the companies abroad it wouldn't be so profitable for them to have their manufacturing facilities abroad, they would try to bring those back home. And given that the unemployment rate in the US is so low already, only 4.1% there's not enough labor to allow these manufacturing facilities to come back to the US and start producing goods in the US. So that would cause an upward spiral. In wages and the wage push inflation spiral of the type that we had in the late 1960s and early 1970s so that is a In other words, tariffs would put an end to globalization, and that would cause a such a severe spike in inflation and interest rates, it would essentially be the death nail for creditism, which requires credit growth to survive. The end of globalization would mean this end of this 30 year global economic boom that the world has enjoyed, and therefore it is a very severe threat, and it would push up the interest expense of the US government, which you let off with, instead of lower interest rates, bringing down the interest expense the government has to pay every year, we would have instead higher interest rates, which would make the amount that the government has to pay on its interest even higher than it is at the moment, and make the budget deficit even larger than it is at the moment, and Make the government debt grow even faster than it's growing at the moment. So let's hope that doesn't happen. Instead, the better approach is to invest, to have the government finance large scale investments in new industries and technologies make the economy grow much more rapidly and we can grow our way out of this debt problem that we're currently in,   Keith Weinhold  36:21   yes more inflation, whether that comes from higher tarrifs or any other sources, will lead to higher interest rates to counteract that higher inflation, which will Yes, pump up the deficit in the debt that much more. And you know, one thing that I like about Richard is, you know, a lot of people complain about things, or say, what are we going to do? Or Things look bad, and Richard is saying some of that, but he offers a way forward with the US sovereign wealth fund, like he talked about before, investing our way out of it. So Richard, if we don't invest in this debt and deficit situation gets worse. It could be a hard question to answer, but I'd like your best guess at how far can we kick the can down the road? When is it game over? How big do our interest payments on the debt and deficit have to get?    Richard Duncan  37:10   the game is never over. No matter how bad things become, humanity will survive and carry on. So even in the Great Depression, people made it through, even through World War Two that resulted, largely as a result of the Great Depression. A lot of people died. 60 million people died, but the game didn't end. So regardless of how bad the economic system system were to become, humanity will survive and there will be a solution. Now, a lot of people put forward that, the idea that they point out that we have this high level of government debt, and their solution is to reduce government spending. The government spends something like $6.8 trillion last year. That was the amount the government spent. The budget deficit last year was 1.8 trillion so in order to eliminate the budget deficit, the government would have to spend $1.8 trillion less. In other words, it would have to cut its spending by 27% but the government cut its spending by 27% they're going to happen. The economy would immediately spiral into a depression. So even that reduction in spending wouldn't balance the budget, because the government revenues would collapse, and they would have even fewer tax revenues, so the deficit would still be there, the economy would collapse, and the unemployment rate would be 20 plus percent, and would just fall further behind China and be at greater risk from a national security perspective, and much more miserable As a society overall. That's why it's always say people should consider think of the words austerity and death at the same time, because austerity would bring about the collapse of our economic system and the Great Depression unless your civilization would survive it.  trying to answer your question more directly, how high could this go? Well, governments don't default on their debt when push comes to shove. If the government's having a hard time paying interest on its debt, the Fed will just print more money. And in a case where between 2008 and 2014 when the Fed created three and a half trillion dollars, they printed a lot of money at that short space of time, and they got away with it without having high rates of inflation. The highest rate of inflation we had during that period was 3.8% in 2011 and by the early months of 2015 we had deflation again for a few months. Prices actually fell negative CPI for a few months in 2015 so if we have a global economy, as we do at the moment, full of we have nearly 8 billion people, I would guess 2 billion of them at least live on less than $5 a day. So the US could get away with having a lot of paper money printing without having higher, very high rates of inflation and the government could finance itself that way for quite a long time. Of course, if we have a closed domestic economy brought about by extremely high tariff barriers, then we would end up with hyperinflation in the United States. But even with hyperinflation, it would be very painful for people who have all their cash in the bank or under their mattress, but people with assets, those asset prices would appreciate more or less in line with the inflation, and it would erode the government debt relative to the size of the economy, because the GDP would grow in nominal terms very rapidly because of the hyperinflation, and the debt, which is not inflation adjusted, would be evaporated away by the inflation.   Keith Weinhold  40:43    right? that's why here at GRE we are all invested and aimed toward prudent use of leverage with assets like real estate and we sure have been the beneficiaries of that wave of inflation that followed COVID there. Richard, well, we're talking about the debt and the deficit somewhat, which, interestingly, has actually doubled since the first time you were here on the show. When you were here, 10 years ago, it was at 18 trillion, and today it's at 36 trillion. We talked about, how far can you kick the can down the road back then? Well, here we are, 10 years later, and it's doubled. Talk to us. You know, you talked previously about the greatest risk to the United States economy. Tell us now, as we are investors here on this show, about the greatest risk to the real estate and stock market, I would just say within the next year. What are some of those risks to those particular markets?   Richard Duncan  41:38   We've already discussed the main risk that high tariffs would potentially cause a new spike of inflation and force the Fed to hike interest rates rather than cutting interest rates. But there are some other risk as well. One is the fact that we already have a very high level of wealth relative to income. Let me back up a second. You were talking about debt doubling since we first spoke 10 years ago. Here's another statistic for you. Just in the last four and a half years, the total wealth of the Americans, all of their assets minus all of their liabilities. In other words, household sector net worth. Since the end of 2019 it has increased by $47 trillion in four and a half years. That's about a 40% increase. Now, $47 trillion is enough to pay off the entire US government tip, which we've been worrying about with $11 trillion left over. So not everything is as bleak as it sounds on the surface. We've had a huge explosion of wealth in the last four and a half years that's been driven by property and also by stocks. The problem now is, is that the level of income the asset prices, are very inflated relative to their historic norms. And one of the ratios that I always keep an eye on is called the wealth to income ratio. It takes the household sector net worth. In other words, the wealth that we were just discussing, which, by the way, is now $164 trillion of wealth owned by the Americans. The wealth divided by income, disposable personal income, this wealth to income ratio is now an extraordinarily high level. The ratio is 785% whereas the average of that ratio going back to 1950 has been 550% the previous two peaks were in the year 2000 when it hit 620 during the NASDAQ bubble, and then that bubble popped, and the stock market crashed, and we had a recession, and it went back to 550 and then it surged to a new peak of 680 during the property bubble. And then that bubble popped, and we almost went into a depression, and that a lot of wealth was destroyed. We had a severe recession. The government had to bail us out from and that ratio went back to 550 again. Now it is just off the charts relative to its previous peaks, because people 680 now it's 785 so people used to suggest that higher asset prices were justified because interest rates were near 0% but even after the Fed hiked interest rates from near 0% to about 5% The asset prices have stayed inflated. That does suggest that asset prices are very inflated and therefore very vulnerable to any sort of shock that could occur, whether geopolitical or economic or domestic political problems. So that's a concern. Another concern is quantitative tightening is still occurring. Quantitative tightening is the opposite of quantitative easing. When, with quantitative easing, the Fed creates money and pumps it into the financial markets, and that tends to make asset prices go up, and it also tends to make interest rates on government debt stay low, because if it pushes up bond prices, it pushes down. Bond yields. Well, now the opposite is occurring. Over the last two years, the Fed has destroyed roughly $2 trillion it created $5 trillion from the end of 2019 till about 2022 during the COVID pandemic, and the policy response to that, the Fed created $5 trillion but now it's destroyed 2 trillion of that five that it created, and is still destroying dollars at the rate of about $60 billion a month, or $700 billion a year. And as it does, as it destroys dollars, it takes dollars out of the financial system, which all other things being the same, tends to make financial conditions tighter, putting upward pressure on bond yields and downward pressure on asset prices. So as this continues, this is a concern, because reduce the liquidity in the system by another $700 billion if it continues for another year, having said that there is still an enormous amount of excess liquidity in the system as a result of all of the money that the Fed has created, going back to 2008 I estimate that the excess liquidity is somewhere around three and a half trillion dollars. If you look at bank reserves and the reverse repos at the Fed is about three and a half trillion dollars of excess liquidity, and the Fed actually has to pay interest to the banks on their bank reserves to hold interest rates up. That's how the Fed controls the federal funds rate now. It pays the banks roughly right now, 4.8% interest on all of the banks bank reserves, and so the banks will not lend money to anyone at less than 4.8% interest, because the Fed will pay them 4.8% interest. Why would they lend to anyone else for less if it suddenly stopped paying interest on these bank reserves, these banks would look around and where would they invest their three and a half trillion dollars in? No one's going to pay them 4.8% or even 3.8% or 2.8% interest rates would plunge because of all the excess liquidity that exists. So this excess liquidity has been a thing that's been driving the economy since COVID started, and it's why we've managed to avoid recession, which everyone is expected to arrive any moment now for the last two and a half years. So there are concerns, but there are also, as always, other reasons for optimism.   Keith Weinhold  47:24   Well, that wealth to income ratio that Richard talked about, that's a calculation that you yourself can do. One's net worth is almost eight times their income now, which is at a historic high, which is one concerning point that Richard brought up. Well, Richard, I want you to tell us about your terrific video newsletter, macro watch unless you have any other last thoughts first.   Richard Duncan  47:51   well, just one last word on the US sovereign wealth fund. Thank you very much for giving me a chance to discuss that and to explain why both Democrats and Republicans are now in favor of establishing a US sovereign wealth fund, one of the few issues that has bipartisan support. And this must come as a surprise to many of your listeners and most Americans, in fact, why have both parties agreed on really setting up a US sovereign wealth fund? So I'm glad I've had a chance to explain it and why it's so urgently necessary. I'd just like to emphasize the extraordinary benefits that this delivers to the American people, both individually and at a national level, individually, in terms of medical breakthroughs and better health and much more rapid economic growth for the economy, so much more wealth and much more national security as well. So I hope the Americans will get on board with this idea and give it their full support, because it's exactly what our country needs to solve all the four issues, the major issues that I laid out at the beginning of this conversation. But with that said, if your listeners would like to learn more about my work, Macrowatch. Microwatch is a video newsletter. Every couple of weeks, I upload a new video discussing something important happening in the global economy and how that's likely to affect the stock market, property, currencies and commodities. They can find macro watch on my website, which is RichardDuncanEconomics.com that's RichardDuncanEconomics.com Macro Watch has been going on now for 11 years, they'll find more than 100 hours of videos in the microwatch archives. They can begin watching immediately, and they'll receive a new video every couple of weeks. And I'd like to offer your listeners a subscription discount. If they go to Richard Duncan economics.com and hit the subscribe button, they'll be prompted to put in a discount coupon code, if they put it in G, R, E, they can subscribe to macro watch at a 50% discount. That's great. That's GRE so I hope they'll check that out, and at the very least, they can sign up there for my free blog and follow my work that way.   Keith Weinhold  49:56   And I have benefited from consuming macro watch content myself over the years, allowing me to sort of stretch my thought process and go macro, which we don't always do as real estate investors. Oh, Richard, it's been valuable as always, and you really offered a solution, a way forward here, something that's really refreshing. It's been great as always, having you back on the show.   Richard Duncan  50:18   Yeah. Thank you very much. I look forward to the next time   Keith Weinhold  50:21   me too. when it comes to the term capitalism, if that's truly a system that we're no longer in, you know, it seems to get replaced with the word meritocracy, and that is a word that I like, meritocracy, where producers get rewards for being productive, but even that is under attack, and the government just always seems to be stepping in with a safety net. Seemingly everywhere you look, it won't let banks fail. We saw them jump in early last year with Silicon Valley Bank and other bank failures, the government won't let homeowners fail either. I mean, you don't have to think back very far with mortgage loan forbearance in the COVID era, on issues of the debt and deficit. Even Fed Chair Jerome Powell himself has called it unsustainable. That's the word that he used. Like Richard said today, we won't default. We'll just print more. So when it comes to the inflation versus deflation tug of war, the future keeps looking inflationary, but at what rate of inflation? That's what I don't know, and no one really knows. If you like Richard Duncan's content, and you sort of wished he and I's conversation would go on. Well, he is a regular guest here, so I expect him back. But if you're telling yourself, I want more of his content and I want to make it visual at the same time to help really bring this to life, well, visit RichardDuncanEconomics.com hit the subscribe button and get 50% off. That's five zero, 50% off with the discount code. GRE. Happy Veterans Day. Until next week, I'm your host, Keith Weinhold, don't quit your Daydream.   Speaker 2  52:17   Nothing on this show should be considered specific, personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively you   Keith Weinhold  52:46   The preceding program was brought to you by your home for wealth, building, getricheducation.com

Episode 471: Dr. Sunny Harris Joins David Capablanca at the Conscious Trading Conference 3 for a LIVE podcast discussing her trading career.The next event is a 2-Day Master Trading Workshop on December 6-7 in Los AngelesSocial MediaConscious Trading AcademyInstagram: conscioustradingacademyLinkedIn: Conscious Trading Academywww.conscioustradingacademy.comSend us a text Conscious Trading AcademyTransform Your Mind. Master Your Trades - Memberships & Courses now availableFriendly Bear DiscordJoin The Friendly Bear Discord (message a mod for trade floor channel access)David's InstagramSubscribe for behind the scenes trading related contentZimtraSign up for Zimtra through the link provided for the best possible dealCobra TradingClick the link and get 33% off commissions for life as well as one month of free DAS Trader PlatformDilution TrackerClick the link and get 10% off of Dilution TrackerEdgeToTradeUse coupon code FRIENDLYBEAR15 for 15% off EdgeToTrade, the financial research platform for tradersTraderSyncUse coupon code FRNLYBR for 15% off monthly, 55% off yearly for TraderSync trading journal software TradeIdeasUse coupon code FRIENDLYBEAR for 15% off TradeIdeas real-time data stock scannerFlashSECClick the link and get 15% off 12 months of FlashSECTC2000Click the link to get $25 off TC2000 servicesOrtexORTEX brings you the most timely and accurate Short interest data availableFlash ResearchUse coupon code FB15 for 15% off Premium. Find your edge with the best stock analyzer AskEdgarUse Code friendlybear for 25% off for AskEdgar, the new standard for researching SEC filingsKinfoUse coupon code FRIENDLYB106728 for 10% off Kinfo PRODisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Dr. Ashwin Singh Parihar speaks with Dr. Phillip Kuo, Dr. Andrew Armstrong, and Dr. Ken Herrmann about how 68Ga-PSMA-11 PET can predict response of metastatic prostate cancer following 177Lu-PSMA-617 therapy. The VISION Trial. Quantitative 68Ga-PSMA-11 PET and ClinicalOutcomes in Metastatic Castration-resistant ProstateCancer Following 177Lu-PSMA-617 (VISION Trial). Kuo and Morris et al. Radiology 2024; 312(2):e233460.  

We reveal the secret tax the government is hiding from us! We also talk the misunderstandings of inflation and all it's complexities. We also help you learn more with key inflation-related terms, such as deflation, disinflation, and hyperinflation, clarifying that hyperinflation occurs when public trust in a currency is lost. And we also argue that inflation is influenced not just by money printing, but also by the velocity of money—the rate at which money circulates within an economy.  We discuss...  Government-published CPI (Consumer Price Index) is the gold standard for measuring inflation, but there may be incentives to manipulate it. Shadow Stats shows inflation metrics based on older CPI calculations, suggesting a higher inflation rate than reported. Historical inflation rates in the 70s and 80s were much higher than today's target of 2%, challenging the notion of what's considered "normal." Money velocity is key to understanding inflation, as low velocity can counteract the effects of money printing. New money creation typically leads to inflation. Consumer price inflation visibly increases the price of goods and services, reducing purchasing power. When wages don't rise alongside prices, it squeezes the middle class and working class, making them poorer. Quantitative easing leads to asset price inflation but not consumer goods inflation. Stimulus checks and COVID relief caused consumer price inflation by increasing the money supply. Globalization has caused deflation by reducing the cost of goods. Technological advances are deflationary by making products cheaper and more efficient. Declining populations can lead to deflation, which worries governments with debt-based economies. Immigration helps prevent population decline but has complex economic and cultural implications. Despite recent inflationary spikes, the current trend is toward disinflation. U.S. debt has grown dramatically, with the annual increase accelerating in recent years. For more information, visit the show notes at https://moneytreepodcast.com/secret-tax-651   Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast  

In this special episode, a couple of key players from Amazon Corporate join us to discuss some brand new functions released for sellers, including one that gives us unprecedented ability to identify and target our repeat customers. What if harnessing the power of Amazon's vast data pool could revolutionize your e-commerce strategy? In this episode recorded live from Amazon Accelerate, we introduce a couple of cutting-edge tools, Amazon Business Planner, Customer Loyalty Analytics, and Customer Journey Analytics, designed to transform Amazon brands' approach to their operations marketing. Our special guests, James Casazza and Wei Li, prominent figures from Amazon Corporate, share how these new tools offer brands the ability to set goals, receive personalized action plans, and effectively manage their business data with self-service capabilities. This episode unpacks how brands can gain confidence and clarity amidst the overwhelming flow of information, aligning their strategies seamlessly with their business objectives. Discover the magic of artificial intelligence as we explore a revolutionary business planning tool that's setting new standards in the e-commerce landscape. This tool provides brands with AI-generated plans, pinpointing impactful goals like boosting ad-attributed sales and enhancing profitability. By offering step-by-step recommendations—from campaign strategies to keyword optimization—the tool updates dynamically, suggesting fresh opportunities and strategic enhancements beyond advertising. Join us as we dissect its ability to deliver transparent progress tracking with detailed visualizations, historical comparisons, and a focus on profitability through cost-reduction strategies and content optimization. Get ready to dive into the world of customer analytics with Amazon's latest tools aimed at understanding diverse shopper behaviors. We spotlight the Customer Loyalty Dashboard and Customer Journey Dashboard, key innovations that offer brands deeper insights into customer behavior. Our guest Wei, shares her role in developing tools like the Search Query Performance and Product Opportunity Explorer. These analytics resources empower brands to tailor promotions, prevent churn, and boost loyalty among customer segments. By leveraging predicted customer lifetime value and promotional strategies, brands can enhance engagement, conversion, and ultimately, customer loyalty. In episode 602 of the Serious Sellers Podcast, Bradley, James, and Wei discuss: 00:54 - Amazon Accelerate New Tools Announced Overview 02:00 - Amazon Launches New Business Planner 05:07 - Simplifying Data for Amazon Business Planning 11:16 - AI-Powered Business Planning Tool 12:39 - Dynamic Business Planner Features and Benefits 16:42 - Data-Driven Amazon Customer Loyalty Analytics 20:08 - Amazon Department Provides Key Seller Tools 23:20 - Understanding Customer Audience Types 28:26 - Understanding Buyer Behavior and Cart Abandonment 35:13 - Unlocking Valuable Amazon Data Insights 37:29 - Thanking Amazon for Launches at Accelerate ► Instagram: instagram.com/serioussellerspodcast ► Free Amazon Seller Chrome Extension: https://h10.me/extension ► Sign Up For Helium 10: https://h10.me/signup  (Use SSP10 To Save 10% For Life) ► Learn How To Sell on Amazon: https://h10.me/ft ► Watch The Podcasts On Youtube: youtube.com/@Helium10/videos Transcript: Bradley Sutton: Today's a special episode, as a couple of key players from Amazon Corporate are with us on the show to talk about some brand new functions released for sellers, including one that gives us unprecedented ability to identify and target our repeat customers. How cool is that? Pretty cool, I think Sellers have lost thousands of dollars by not knowing that they were hijacked, perhaps on their Amazon listing, or maybe somebody changed their main image, or Amazon changed their shipping dimension so they had to pay extra money every order. Helium 10 can actually send you a text message or email if any of these things or other critical events happen to your Amazon account. For more information, go to h10.me forward slash alerts.    Hello everybody and welcome to another episode of the Serious Sellers podcast by Helium 10. I'm your host, Bradley Sutton, and this is the show that is a special episode recorded live at Amazon Accelerate.    This was done in Seattle a few weeks ago and, as you probably have seen from other episodes, we had a lot of new releases, of new data points and new functionality that Amazon is releasing. Shout out, first of all, to Addy from Amazon, who helped us hook us up with some of these interviews but we had the privilege of being able to interview a couple of the key people that are involved in the ideation and implementation of some of these new tools, and so in this episode, we're going to go over a couple of things in from Business Planner, which is something new, and also customer loyalty analytics, which might blow your mind as far as the kind of targeting ability and being able to understand, you know, how your customers go through the funnel. I think it's going to be interesting because, you know, a few years ago we would have never thought that Amazon would release this kind of data to sellers, so it's really awesome that they're doing that and we get to talk to the person responsible for the creation of this. So let's go ahead and hop into the episode   Bradley Sutton: So I'd like to first start off with just getting your background. We're obviously here in Seattle right now. Where were you born and raised?    James: So I'm from New York originally. I grew up about an hour outside New York City, really close to my grandparents' dairy farm. But for the last 20 years, I've lived outside Detroit. After college, I moved up there.    Bradley Sutton: Hold on a quick second. This is an important question. Somebody who lives in New York. They move somewhere else. Are you a New York sports fan or a Detroit sports fan?    James: So I've kept loyal to my New York teams. It's a little difficult because especially now the football season started, keeping up after the Giants and Jets is keeping your head low and the Lions finally have something to be excited about. But I'm a proud father to three boys and I will say they all have their Aiden Hutchinson jerseys on. We're really excited last season and looking forward to this one.    Bradley Sutton: Awesome, awesome. So you were talking about. You graduated university. What direction did your career take you in that?    James: So early in my career, I worked in automotive, digital marketing, and then in the social media industry, and I really found a passion for using software and technology to help independent businesses reach their consumers, really connect, and ultimately drive their success, and that led me to Amazon. So I've been with Amazon for just over six years now. I'm currently a senior manager of product management in the Selling Partner Experience organization, and, while that's a bit of a mouthful, what it means is that I'm really working on building the tools that sellers are using to run their business and ultimately thrive in the Amazon store. Recently, my team worked on a complete redesign of the Seller Central homepage, which rolled out late last year, and today I'm excited to join you and talk about the next exciting tool that we're building, called Business Planner, which brings self-service capabilities to sellers to plan their business, set goals and objectives and receive a personalized action plan that will help them attain their goals in the store.    Bradley Sutton: Awesome. Now, I think that most brands would agree with me in that there is no other mechanism of selling whether we're talking brick and mortar, whether we're talking online that provides as much data as Amazon does to its brands. It's really incredible. I think sometimes we're spoiled, those who start on Amazon. They don't know how it is or how it used to be when you're trying to make money, and so I can totally understand that. Hey, with all this data, there's going to be some insights that can come from it. So what about the timing? Why did you decide, hey, now is the right time to go ahead and launch this new tool.    James: Yeah, so the idea for Business Planner actually started at Accelerate in 2023. I was talking to a number of different sellers and really this theme came out about the data that you're talking about. One seller likened it to being dying of thirst they're just so hungry to know what to do, and yet they're standing next to a fire hydrant. It's just spouting all this data at them. And so the question they had was like help me organize this, help me decide what's most important so that I can act confidently and know that that's aligned with the goals that I have for my business.    And so, while Amazon is providing plenty of reports and recommendations, it's really difficult to summarize or interpret that and get to an action plan. And we know that because sellers are working with account managers or even finding really productive partnerships with third-party software providers to help make sense of this data. And so our goal is to help democratize this access to data and bring the type of planning that sellers do offline when they're setting quarterly or yearly objectives and then want to track that and some may have teams that are doing customer acquisition or operations. They might be the individual's performance goals. We want to bring that offline planning into our tools so that sellers can easily keep track of where they're at and act confidently to drive their success.    Bradley Sutton: You know, obviously, as brands, we have a lot of our own data, but I believe that this tool is also bringing in aggregated data from other sources, not just what's happening with your own listings. Is that correct?    James: That's right. So throughout this process we've talked to so many sellers and I've just been impressed with the passion they have and the interest and the different opportunities that they're taking to bring insights and data analysis to really help them decide how to act. So with Business Planner, we're bringing together the power of data from thousands of different listings and all the customer activity in the Amazon store to create personalized action plans that will help sellers to achieve their goals. So they'll have a single place to go to benchmark their performance, identify their largest opportunities and then to generate a step-by-step action plan that aligns with the things that matter most to them. So, whether you're a new seller just getting started out in the Amazon store or you're an established brand with a healthy business that is ready to go to the next level, they can get a personalized plan that's specific to them and the goals that they want to achieve in the Amazon store.    Bradley Sutton: Now, you mentioned you worked on the Seller Central homepage. Now on the homepage there's already kind of like recommendations that might come through. There's a whole growth opportunity section. So how does this new feature here compare to what's already out there, and is it better?    James: So we're trying to take a best of both worlds approach. So when I think about the recommendations on the homepage and growth opportunities, it makes me think of a buffet where there's so many different options and there'll be like lots of tasty treats and plenty of nourishment there. So there's lots of good things there. But if you're trying to take like a structured plan, maybe instead you work with a nutritionist who's going to first ask you some questions about what's important to you. Are you training for the Olympics? Are you trying to slim down by a few pounds, like what is really your goal here?    Bradley Sutton: That's what I'm going to say. I'm going to say, hey, I'm training for the Olympics. That's why I'm eating so much food at this point.    James: Exactly, exactly, no-transcript in those other experiences and then also providing you with detailed tracking so you can see as the days and weeks go by, are you actually getting towards that goal?    Bradley Sutton: Let me piggyback on something you just mentioned there pulling data from some of those other recommendations. What exactly is driving other than just raw data? That's what does a lot of data there. I'm assuming maybe AI has some component of it, absolutely so.    James: I think AI is a really powerful tool because it can crunch massive amounts of data and identify patterns and discrepancies. So perhaps the seller is underperforming in their ads campaigns. We might be able to come back with specific keyword optimization recommendations and then they can increase their ad attributed sales and grow revenue. Or we might spot a change in demand for key ASINs that would require a different inventory strategy and it might be an opportunity for the seller to reduce their FBA fees and reduce costs of maintaining their current business. And so by applying machine learning and AI to that massive amount of data, we can kind of slim that down into a specific plan of action for the seller and by starting with the goals that they set. We're no longer in this business of kind of predicting what the seller might want. We start by asking the question and then we have a lot more confidence that, because the seller has set the goal, that when we come back with an action plan it's actually right for them and where they want to take their business.    Bradley Sutton: Awesome, awesome. Now for those who maybe haven't seen it yet in their Seller Central dashboard, where can they find this? Walk us through a little bit of a scenario, maybe, how they can see yeah, absolutely.    James: So Business Planner is going to be rolling out in the US store in just a couple of weeks. So later this month you'll start to see a tile on the homepage in that recommendation section that you talked about. It'll also show up on the left side menu of growth opportunities. From there you can access Business Planner, which is your dashboard for action planning. When you first visit, we'll have some recommended goals. So that's where we've assessed how the seller's performing, set some benchmarks and looked for the strongest opportunities where they can improve their performance. We'll rank those based on how big the impact is. So the most impactful goal will be at kind of the top left of that page and if that goal aligns with the objective that the seller has, they can click on it and see details about the plan. So maybe it's a four-week plan or a 12-week plan to increase their ad-attributed sales, because we see that as the largest opportunity and they'll be able to review the details and if they want to move forward, they just click to create a plan.    And this is where the really exciting part happens. That's where the AI steps in and kind of scans across all those different recommendations, opportunities, and where we see the most potential to achieve that goal. So in this case seller is trying to increase their ad-attributed sales. We might come back with some specific product level ad campaign recommendations or keyword optimization. We put that into like a step-by-step plan and so the seller from the Business Planner can then look into that plan. There'll be graphs right on the page where they can see their current performance, what the target's going to be, and then a list of those recommendations that's organized and sorted for them.    One of the special things about Business Planner is that it's constantly updating as much as once a day. It'll pull in new recommendations or reprioritize what's there because of progress that the sellers made, new opportunities that emerge Perhaps all of a sudden keyword traffic and customers are searching for new products on Amazon and that might change.    The order of recommendations will reflect that in the business plan. So it's a it's a living thing that they can check back to and and going to show them that next best action they can take to ultimately achieve that objective. And then you know, once we've reached the end of the plan, we'll show that completed goal right and the experience with a record of all the things they did, and I think that's really important to sort of earn trust with the sellers that you know some of these things might require a little bit of an additional investment or might go against the common knowledge of how to be successful in the store. But I'm confident that, as we, you know, offer these plans because we're starting from what's most important to the sellers, that they'll see that that's helping them achieve their unique objectives and make their business as successful as possible in the store.    Bradley Sutton: Okay. Now, when I was looking over some of the notes on this new tool, you mentioned a scenario with advertising, but I believe there's also another scenario where even it could get to something that has nothing to do with advertising, but like your A+ content. So I was trying to wrap my head around how that would work. So if I already I mean obviously, if I don't have A+ content the suggestion would be hey, get A+ content going. And now there's AI tools that help with that that we've talked about here at Amazon Accelerate this year. But if I already have A+ content, is this AI detecting like, hey, this might not be the most optimized and you need to tweak it, or what's it doing then?    James: Yeah. So it's going to look throughout the sales funnel that you might see for a product. It might look at search activity glance views at the detail page and then I think a key lever for sellers is are they converting those views and visits to their products into sales? And so it might come back with a recommendation to tweak that content to better align with the search terms that customers are using. Or it might see a strategy where they could increase their featured offer win rate and ultimately convert more of those customers into buyers. And that's where the AI is powerful.    It's going to look across those different opportunities and see where can we create the most leverage, and it was important to us as we were building Business Pointer. It's not just going to come with recommendations that might require some additional investment from sellers. So at launch, one of the things that we're including is a set of cost reduction goals, and that's where we might look at inventory levels and fee structures and recommend either promotions and deals or a different stocking strategy to the seller that can help them reduce their costs to serve and be more profitable in the similar All right, excellent.    Bradley Sutton: So, regardless of what it is, whether we're talking A+ content, whether we're talking advertised I set a goal, I implemented it. You mentioned tracking the progress. How can I see how I'm you know my road to that?    James: Yeah, absolutely so. This is where we want to bring in some like detailed data visualization. So when you come back to Business Planner, you click into the goal that you're tracking against, we'll have a big chart on the page with your progress, the projection of where you're going to end up, and also allow you to do some comparisons against a historical period so that you can see am I really outperforming, am I getting the gains? So back to your training for the Olympics. We want to see that your sprint times are coming down or your weight lifts are increasing in weight, and it's the same thing here. So if we're trying to improve our ads attributed sales we want to make progress on that metric. If we want to reduce our costs, we should expect to see our inventory performance index improve and by providing that granular view into the metrics, we can show that the seller is progressing towards their objective.    Bradley Sutton: Excellent, all right, so now I'm inspired by listening to this podcast and I'm ready to go in. Maybe by the time they're listening to this, maybe it is available already in Seller Central. If I'm just getting started, what's maybe the first thing I should do, or what's the best way to get started with this?    James: Yeah. So we want Business Planner to be a regular thing and we think that sellers will start to use it as it aligns with their monthly or quarterly business planning. So my first recommendation is check it out. Either go through the recommendations on the Seller Central homepage or go to growth opportunities and look for Business Planner in that left menu and you can start browsing those recommended goals. Those will update at least once a week with the latest and greatest opportunities that we see for you as a specific seller and based on, like your business and your opportunity, and then, once you find the plan that makes sense to you and you kick that off, you know, check back regularly. Those action plan items might update as much as once a day. So we want this to be a kind of like a regular part of your journey as a seller and a regular part of the tools that you might use on Seller Central.    Bradley Sutton: Well, thank you so much for bringing this tool, thank you so much for coming on the show and talking about it, and I'm excited to use it myself, and I'm sure a lot of the brands out there will be excited. And I can empathize with you about the New York teams. I mean, I'm a Chargers and Clippers fan, so I'm a glutton for punishment myself. So thanks a lot for doing it. Yeah, thank you so much for being here. This was fantastic actually. This she doesn't know I'm going to say this, but this was the highlight for me, for actually Amazon Accelerate was being able to interview our next guest, who I am super excited to meet her, not only her, but also especially what she's going to be talking about. So, Wei, welcome, welcome, thank you. Thank you for meeting with me.    Wei: Thank you for having me.    Bradley Sutton: Now let's what I do with all of my guests. I like to get the backstory a little bit, so where were you born and raised?    Wei: Definitely. I was born and raised in Beijing. I moved from Beijing to Chicago actually in 2003 for graduate school, so before Amazon, I worked for some of the big names like Merrill Lynch, KPMG. I have also worked for a number of startup companies in the fintech, pharmaceutical and supply chain companies. I joined Amazon in 2011. I have spent most of my time here with a selling partner services organization. Currently, I lead the selling partner growth analytics team, and our team built a few that I was on.    Our team built a few seller-facing applications in Seller Central and your comment earlier. I actually I'm a mom of three outside of work and I have a seven-year-old, a six-year-old and a baby under one.    Bradley Sutton: Yeah, wow, that's awesome, awesome. I miss those days. My kids are both. My kids are both in their twenties now and so, like I talked, when I talked to parents, when I talked to parents who still, I was like, oh man, you don't know how lucky you are to have kids at that age, because I wish I could go back in time Now, going back, one thing you said. You said you came to graduate school in Chicago. Which school did you go to?    Wei: Yeah. So I got two masters, one from Illinois Institute of Technology and got my quantitative finance degree there.    Bradley Sutton: And that's also Quantitative. I don't even know what that means.    Wei: And then I received an MBA from UChicago.    Bradley Sutton: Okay, excellent, excellent. You talk about your career there and on Amazon. You're very humble about the department you work at, but, guys, this is the department that I think not just me but every Amazon seller is so thankful for, which you're responsible for things like the search, career, performance and all these other amazing things that I think is so important, because brands, I think, have been spoiled by Amazon in the last couple of years with all the data that they get. They don't realize that if you were selling on Amazon, maybe like five, 10 years ago, some of the stuff that you guys are providing, you actually had to pay like thousands and thousands of dollars and most didn't even qualify to get it. So, first of all, again, thank you so much for what you do at your department. Now let's just talk about that a little bit Like how do you guys approach, what kind of analytical tools, what kind of information you're going to provide brands in?    Wei: a few different domains. So, first of all, we provide a traffic and sales data through Business Report, which is one of the most visited tools in Seller Central. Additionally, we also provide this tool called Opportunity Explorer. So Opportunity Explorer is a selection analytics tool. It helps sellers identify new selection to sell in Amazon store. Additionally, we also provide this tool called Search Analytics Dashboard. That is where we can provide some of the data on traffic, with an emphasis on search keywords. Lastly, but not the least, is the Customer Analytics Dashboard. For Customer Analytics Dashboard, I'm actually very excited to announce some new launches here.    So we started out by building dashboards about customers and their purchase behavior. We have demographic dashboards to tell you who your customers are. We have repeat purchase dashboard that tells you how often customers purchase from your brand. Additionally, we have this third dashboard called Market Basket Dashboard. It tells you what products your customers would purchase together with your brands. It unlocks some of the cross-selling opportunities. Since then, we have also received feedback from your brands. It unlocks some of the cross-selling opportunities. Since then, we have also received feedback from the brands. They want to take a customer-centered approach. So last year we launched a customer loyalty dashboard. It gives the brand a segmented view to understand who are your existing customers, from top tier to promising to at risk and hibernating customers. And then this year we're launching customer journey dashboard that allows a brand to understand your customer's entire shopping journey, from first moment they start to search for your brand to the moment when they make that final purchase. With these two dashboards, our goal is to lower the customer acquisition cost as well as increase the customer lifetime value.    Bradley Sutton: This is really important because actually, this part of all the analytical tools I probably know the least about. I'm so obsessive about search query performance and search volume and keyword data, but I think now 2024 and then going to 2025, brands really need to understand the customer and people are thinking too much just about the algorithm or things like that, but at the end of the day, we're not selling to the algorithm, we're selling to a human being, and so some of these data points that you're talking about is really important. I'm happy to, I'm really excited to learn about them today. Now, one thing you mentioned, you know, about different customers, like you mentioned, like top tier and things you know, like this might be familiar to some out there and I know you're probably going to talk about it, but we had the brand tailor promotions and we could see some of these different audience groups, now, those who might not be familiar with it. Can you talk a little bit about these customer audience types? You mentioned top tier, but there's a lot of other ones out there too.    Wei: Absolutely so. We help brand segment your existing customer base and we actually use a pretty standard methodology, is called RFM. R stands for Recency it describes when did your customer make the last purchase from your brand. F stands for Frequency it describes how frequently customers purchase from your brand. And lastly, m stands for Monetary Spend it talks about how much does the customer spend purchasing your products.    We use a quantile-based approach and equally divide your customers into groups along these three dimensions recency, frequency as well as monetary spend. This allows us to group your customers into four segment top tier, promising, at risk, as well as a hibernating. By top tier customers those are the customers who purchased from your brand recently, but they may be purchasing at varying frequency and they spend varying amount. At risk customers they made a purchase but they don't purchase frequently. They also spend varying amount of money on your brand. And hibernating customers are those customers who have already churned. Equipped with this knowledge, brand can then deploy different promotion and marketing tools to re-engage these customers and thereby encourage repeat purchase and drive customer lifetime value.    Bradley Sutton: Interesting.First of all, I was today years old when I heard the word quantile, so you're already teaching me new vocabulary lessons.    I realize how not smart I am when it comes to math and this kind of things, but what you know, I think the main thing that people can take away is how important it is to kind of like bucket your customers into these different brackets, because you know, somebody who's hibernating is obviously a different kind of customer, a different value to one as one who is at risk or some of the others that you mentioned, and so it's important to be able to just not consider all of our brands customers. Hey, they're exactly the same, and I think that's what a lot of brands, or especially newer brands, might be doing. Like, all my customers are the same, but no, not all customers are created equally. Let's talk about the new and potential customers. We've got the ones we've had existing, like Hibernating and things like that, and who have been part of your brand. But I think all brands are really especially concerned about hey, how do I bring new customers into the fold? And so talk to us about the new and potential customers.    Wei: We show the new and potential customers in the brand view of the customer loyalty dashboard. New customers are the ones who have made the first purchase in the last 12 months and potential customers are those customers who have not made the purchase but has engaged with your brands in some ways. For example, they may have viewed your product detail page, read customer reviews or added your products to their shopping cart or save them for later. The idea there is we want to allow brands to set up uh promotion tools to target these potential customers and convert them all All right Now, about 40 years ago.    Bradley Sutton: if we use this term cart abandoner, somebody might think of somebody who went to the grocery store and then took the cart home and then left it in the street. But when we're talking about cart abandoners on Amazon completely different meaning it's actually my favorite group of customers. For those who aren't familiar with that term, can you explain who that refers to?    Wei: Yes, absolutely. It is actually one of the new audiences that we launched this year. Cart abandoners are those customers who added your products into their shopping cart but has not made the purchase in the last 90 days.    Bradley Sutton: Now it's amazing, because this is why I think it's so important that somebody thinks, uh, more holistically about customers, because we can't think that everybody's like us as a buyer, like me, as an Amazon customer I am. I am never a cart abander, like if I add something to the cart, I buy it, like I add it to the cart and then I check out. But then I thought everybody was like me, but actually not. You're not like me, probably I'm the opposite.    Wei: I actually, I actually added to the cart and I observe uh, when does the price drop?    Bradley Sutton: and so many people are like you. Yes, I heard other people. You tell me if this is you too, but other people they're searching for like a teacup or something like that, and they'll actually add five different ones to the cart and then make the decision about do you do that one too? Sometimes, see, I don't do any of this, and so I was thinking when I first saw the numbers of this, it was just flabbergasting. I was like I cannot believe how many people are cart abandoners. And then I just started asking friends and family and I guess I was the weird one and you guys are the normal ones. But yeah, that is a huge audience and a very valuable audience. So all of these audience types, at the end of the day, what we're talking about here is we're trying to send promotions to them in different ones. So how do we send promotions to these different audiences?    Wei: Absolutely so. Today, you're able to send tailored promotions to these different audiences, and promotions are then become available to customers through search result page. I do want to share with you that as a team, we're constantly thinking about new tools that sellers can leverage or brands can leverage. So in the future, we might incorporate new tools such as coupons, Amazon buying, A+, detail page, and Manage Your Experiments, so that brands can leverage different tools to engage with their customers and help them convert.    Bradley Sutton: Excellent, excellent. Now I think one question I've gotten a lot before from different brands is hey, if I set up a promotion that's going to one of these audiences being the cart abandoners or some other audience, how do they actually see the promotions?    Wei: Promotions will show up for these customers in the search results page or the product detail page.    Bradley Sutton: Okay, so now we're looking at an example of one of these graphs here, and there's a part here that says trends. So can you explain what is this representing?    Wei: Definitely. The trend graph actually allow you to compare different metrics, for example, your total customers, total sales, new-to-brand customers, new-to-brand sales. Brands can then compare and contrast and observe how these metrics change over time.    Bradley Sutton: All right, next question. Here I can see we have a Segment view and a Brand view. Can you explain the difference between those?    Wei: Absolutely so earlier we mentioned that we will share with brands about their existing customer base top tier customer, promising, customer at risk, as well as a hibernating customer. Brand view gives you data for the entire brand, and segment view actually allows you to dive deeper into each segment. On both brand view and segment view, we will provide recommended actions that you can take to drive conversion and increase repeat purchase. Additionally, one thing I would love to call out is segment view actually gives you a predicted customer lifetime value. We use a science model to predict how likely a customer is going to purchase from your brand again and we further segment each segment based on whether the customer lifetime value is going to grow, maintain or decline.    Bradley Sutton: Wow, that's interesting. Let's talk a little bit more about this, because I think there's some brands out there who might have a product where you know what it's a vacuum. Maybe they're just going to buy the one vacuum and 10 years later maybe they'll buy another vacuum. There's others who have maybe are in the supplements, the health and household category, the beauty category, where they're very reliant on repeat purchases. So this, this lifetime value, is definitely something near and dear to their heart. But you're saying that using uh models, you can actually kind of predict some of the potential lifetime value. Can you talk a little bit more about that?    Wei: Absolutely so. We use this size-based model, and the model input considers a variety of features such as customer's profile, their browsing behavior, how they have interacted with your brands or product in the past, and then the output of the model is how likely they're going to purchase from your brand again in the next 12 months, and we will then be able to say whether the customer lifetime value is going to grow, maintain or decline as a result of that. Brands will then have further segmentation within each customer segment each customer segment. So now brands can actually launch tailored promotion specifically targeting, for example, the top tier customers, those top tier customers where their lifetime value is predicted to decline. This will allow brands to prevent these customers from churning. Bradley Sutton: Interesting is that available already or that's coming later?  Wei: This is available already today.    Bradley Sutton: I've been missing the boat on that one. I need to go ahead and start implementing that, because that's very definitely invaluable. So what are the actions that brands should be doing that we do have available? I'm obviously missing that last one, but what are some more things that we need to be leveraging right now?    Wei: So brands can achieve a number of different goals through customer loyalty dashboard, for example, if you're a brand who are trying to drive conversion and acquire new customers, it would be a good idea to think about advertising campaign and boost awareness. You can also launch a tailored promotion, as we talked about earlier, focusing, say, on cart abandoner to encourage customers to convert and make their purchase. And if your goal is to drive loyalty and encourage repeat purchases, it would be a good idea to focus on top tier customers as well as promising customers. And, additionally, we have these promotion tools where you can focus on those customers whose lifetime value is predicted to maintain or decline and encourage them to purchase more from your brand your brand.    Bradley Sutton: Now I just want to take a moment to talk to the listeners out there who might not understand how crazy it is that this kind of data is being available. This is the kind of data that companies who are selling on other channels are paying a lot of agencies, tens and hundreds of thousand dollars and it's not even that great of information, because a lot of it is just trying to predict things where they might not have that information. It's just based on perhaps some surveys and things, but this is Amazon itself, who has access to all of this data and it's giving you firsthand this kind of information. Guys, if you are not leveraging this information, you are missing out on a ton of valuable information, so make sure to use this Now. This has been great. A lot of what you just mentioned is available as of now, but right here during Amazon Accelerate, you actually even announced some new and exciting more things that are coming to the platform. Can you talk about some of those launches coming to the platform?    Wei: Can you talk about some of those launches? Absolutely, I am super, super excited. So customer loyalty dashboard the goal there is to help brands understand their existing customers so that brands can engage with these customers at the right time with a right product. However, brand frequently ask for information about what's happening in the upper funnel. We are launching this new dashboard called the Customer Journey Analytics. So Customer Journey Analytics allows brands to map the end-to-end customer journey with data and analytics, as well as recommendations. It allows brands to visualize how customers go from becoming aware of your brand all the way to consideration, maybe intent to purchase, to finally making that purchase and become a new customer to your brand.    Bradley Sutton: Wow, I'm excited to see how that's gonna work, because I think that's what we would always have always wanted that kind of information, kind of guess about it, like, all right, that's how you know, that's why I'm doing my advertising in this sense, and it's going to pay back, uh, you know in this sense, and that's why I need to have them see it this many times but to be able to actually have real data to see, that's going to be, I think, a game changer for, uh, Amazon brands out there. Well, thank you so much for launching these things. Like I said, your department is my favorite. I was about to say the best, but then I have a lot of friends at Amazon so I can't completely say that or else they might get mad at me. But my personal favorite tools definitely come from your department, and so please, please, keep giving us brands this great information. We really, really appreciate it, and thank you so much for what you've launched this week at Amazon Accelerate. I'm sure all the brands are really gonna appreciate all of this data.    Wei: Thank you.