The Tyson Foods (TSN) earnings report will be closely watched in the meat and packaged goods sector. Analysts remain cautious as game developer Take Two Interactive (TTWO) also gets set to release earnings. And, major developments in cryptocurrency, as Bitcoin (BTC-USD) and Ethereum (ETH-USD) could soon be considered commodities in the U.S. Learn more about your ad choices. Visit megaphone.fm/adchoices
We recap the week that was, including a look at the July Jobs report, and preview what you can expect in the week ahead. Featured is Brian Rose, Senior Economist Americas, UBS Chief Investment Office. Host: Daniel Cassidy
This week, Lee Hardman, Currency Analyst, and Reza Nasehi, Vice President of the Japanese Client Sales Group for EMEA in London, discuss the main triggers for the USDs bounce back over the past week, and whether it is likely to extend further into the week ahead. Reza and Lee will also discuss if the flare up in geopolitical tensions between the US and China over Taiwan will have any implications for FX markets. Disclaimer: www.mufgresearch.com (PDF)
In this episode of our Week Ahead series, we'll be looking at the main themes that will drive global markets over the coming week. In the US we have the important CPI and PPI numbers as well as consumer sentiment and Fed speakers. In Europe we have the Sentix survey, industrial production, UK house prices and retail sales. Then it's the energy crisis, Ukraine's counter offensive, events in Asia and the current state of Global markets all to discuss.
What recourse do we have except to simply pursue this August 5 in the best manner possible? On this Blogger Day, I celebrate with another installment of Charlottesville Community Engagement, a newsletter and podcast intended to shed light on various happenings in and around the area. I’m the writer and host, Sean Tubbs. What are you writing these days? Sign-up for free, but paid subscriptions come with benefits and the satisfaction you’re helping pay for the PACER bills! Ting will match. See below! On today’s program: The former Commissioner of Revenue in Greene County has been sentenced to three months in federal prison for attempted witness tamperingUnemployment drops to pre-pandemic levelsCharlottesville seeks input on what kind of person should be the next police chiefAlbemarle Supervisors endorse a pan for improvements on Rio Road but one member says that doesn’t mean final decisions have been madeCharlottesville City Council is briefed on the preparation for the next fiscal year First shout-out goes to the Charlottesville Jazz Society In today’s first subscriber supported public service announcement, are you looking for something new to listen to in the form of live music? The Charlottesville Jazz Society has you covered with an ongoing list of dozens of events coming up at venues across the area. That ranges from rumba guitar duo Berta & Vincent at Glass House Winery this Saturday afternoon to the Charles Owen Trio at Potter’s Craft Cider on Saturday, August 28. The Charlottesville Jazz Society is your source to plot out your musical journey and you can get started at cvillejazz.org. Thanks to a subscriber for being on both Patreon and Substack to qualify for this shout-out.Greene’s former Commissioner of Revenue sentenced in witness tampering caseThe former Commissioner of Revenue in Greene County has been sentenced to three months in federal prison for intervening in an investigation of his son’s drug distribution charges. Larry Snow, 73, pleaded guilty in May to one count of attempted witness tampering for trying to dissuade a confidential informant. “According to court documents, Larry Snow used his access as the former Commissioner of Revenue to a Virginia Department of Motor Vehicles (DMV) database as part of an effort to retaliate against and tamper with the confidential informant, Person A, after Person A aided law enforcement in controlled purchases of methamphetamine and heroin from Bryant Snow,” according to a release from the United State Attorney for Western District of Virginia. Specifically, the elder Snow sought to print out material identifying the informant for his son to use to intimidate and to discredit that person while incarcerated at Central Virginia Regional Jail. Snow resigned in May 2022 as Commissioner of the Revenue in Greene, having been elected in 2019 while under indictment. National employment returns to pre-pandemic levelsThere were 528,000 nonfarm jobs added across the United States of America in July, according to the latest employment figures released this morning by the Bureau of Labor Statistics. The unemployment rate is at 3.5 percent. “Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels,” reads a release that was sent out this morning. The report also notes that the number of permanent job losers is now lower than February 2020. The long-term unemployed is defined as those jobless for more than 27 weeks, and that figure is also below pre-pandemic levels. Other statistics in the release are worth noting. In July, 7.1 percent of the workforce continued to telecommute due to the pandemic. The labor force participation rate is defined as “the percentage of the civilian noninstitutional population 16 years and older that is working or actively looking for work.” That figure was at 62.1 percent in July, lower than the February 2020 figure of 63.4 percent. The next employment numbers from the Bureau of Labor Statistics will be out September 2. Charlottesville seeking input on police chief searchHow much experience should the next Charlottesville Police Chief have? What leadership qualities would you like to see? What should the police department leader’s top priority be?Those are some of the questions in a survey that the firm POLIHIRE is conducting as part of their contract to conduct a search for the next chief. The survey is open through August 15 and is available in English and Spanish. (fill out the survey)The person hired will replace Acting Chief of Police LaTroy A. Durrette who has been in the position since former City Manager Chip Boyles fired RaShall Brackney after three years on the job. Brackney sued the city and several individuals for race, color, and gender discrimination, as well as interference with contract, unlawful retaliation, violation of the state’s whistleblower statute, and more. According to a series of waivers filed in the case, all defendants have until sixty days after July 1 to respond to the case. Albemarle Supervisors endorse Rio Road Corridor PlanThe Albemarle Board of Supervisors has officially endorsed a plan that offers guidance for how future intersection improvements on Rio Road may look in the future. “This is a planning level document that establishes a vision for improvements along the corridor with sufficient analysis of the conceptual design to understand whether the proposed concepts can address future and existing conditions and can meet [Virginia Department of Transportation] and other relevant engineering standards,” said David Benish, development process manager for Albemarle County. The county hired the civil engineering firm Line + Grade to develop the plans. Supervisors were last briefed on the work last October and the Planning Commission saw the draft in May. The work was split into two sections to reflect two different roadway characters. “Phase one is very much an arterial roadway [with] five lanes with a continuous left-hand turn lane in the middle,” said Dan Hyer with Line + Grade. “Whereas phase two still resembles in many locations the local collector that it is. It’s very much a local road.” Hyer said the work involved analyzing crash data such as at the intersection of Hillsdale Drive and Rio Road. Eighty-nine percent of crashes at the location are left-hand turns. As such, recommended changes are to eliminate that movement at Hillsdale, Old Brook and Northfield. “The solution that we have recommended basically absolves all left-hand turn movements by replacing the two intersections with a singular dog-bone or bean-shaped roundabout,” Hyer said. Belvedere Drive and Rio Road would be turned into a “Continuous Green-T” intersection and Albemarle has applied for funding. A roundabout is funded at John Warner Parkway and Rio Road and that will soon get under design. The second phase of the project is broken into three segments, with the northern one including two planned developments. The Board of Supervisors approved the 328 Rio Point apartment complex last December, and an application has been filed for 43 town homes just to the south in a project called Rio Commons. “And we think that if those developments can work with this plan that the corridor can transform in a positive way and that some of the risks that we’ve identified can be mitigated through the build-out of these developments,” Hyer said. Supervisor Ned Gallaway of the Rio District was the lone vote against the Rio Point development last December. He said he was concerned about more people in the area.“As we approve the sidewalks and the access down to the Parkway, we’re only creating more pedestrian activity and that’s going to introduce a vehicular piece which is going to be really dangerous so I think we need to get our heads around that sooner rather than later,” Gallaway said.Gallaway said his endorsement of the plan did not mean that he supported the specific recommendations involved. He said there is a competing plan to reroute Hillsdale Drive that would take away the need for the bean-shaped roundabout. “We know that that intersection is completely problematic and needs a solution but it just may not be the solution that’s in the study so if we vote to approve the study, it doesn’t mean we’re necessarily voting to approve that project,” Gallaway said. As for phase two, Gallaway said he would like to see more traffic calming to slow down the speed of traffic, similar to the bump-outs on Park Street in the City of Charlottesville between the U.S. 250 bypass and downtown. Gallaway said he was grateful staff was able to work to get the corridor study done. The vote to endorse the plan was unanimous and it will now be considered as part of the update of the Albemarle County Comprehensive Plan, otherwise known as AC44.Second shout-out: Save the date for Rivanna Conservation Alliance’s Community Watershed clean-upIn today’s second Patreon-fueled shout-out: Mark your calendar for RCA’s third annual Rivanna River Round-Up community watershed cleanup coming up on Saturday, September 24. The RCA organized the first round-up in September 2020 as a safe way for the community to give back to the river during the COVID-19 pandemic. Over the last two years, a total of 245 volunteers have cleaned up 67 miles of streams, nearby trails and the Rivanna River, removing 192 tires and 213 large bags of trash from the waterways. Details will soon be made available and you can get those by signing up for the Rivanna Conservation Alliance newsletter at rivannariver.org. You can get your own shout-out for a $25 a month Patreon contribution! For more information, visit Information Charlottesville.Charlottesville City Council briefed on planning for next year’s budget Fiscal Year 2023 is just over a month old, but the budget process in Virginia never really stops as local governments seek to provide services. In April, Council adopted a $212.9 million general fund budget that was 10.76 percent higher than the one for the year before. That’s built on increased assessments for both real estate and personal property as well as a one-cent increase in the real estate tax rate. That was the first such increase in several decades. There are about 30 weeks until whoever is City Manager in March 2023 presents a recommended budget and 36 weeks until Council is expected to adopt their amended document. Council got a briefing this past Monday and learned about some of the factors coming up and some suggested the schedule be moved up. (view the presentation)Will the budget continue to grow at a double-digit level, or will it be more modest? How much will it cost to implement pay and benefit increases that may come through a collective bargaining ordinance? What about the cost of inflation? While the answers aren’t yet known, the foundation is being laid for whatever will end up happening. At the end of August, city departments will be sent packets to request funds for capital projects and these will be due by the early October. There’s at least one change to that process.“We’re going to include a Planning Commission member on the review team,” said Krissy Hammill, the city’s director of budget and performance analysis.Requests from nonprofits and outside agencies are due sometime in mid-October and recommendations from the Vibrant Community team will be completed in mid-January. Also around that time will be another change to the budget process.“It’s called the city manager budget forum,” Hammill said. “The date for this will be January 10 and it will be held at Carver Recreation Center. This will be an opportunity for the city manager to make a presentation and to engage in public discussion.”Hammill said the growth in the budget for next year is expected to be more modest than the 10.76 percent increase from FY22 to FY23. She’s also keeping an eye on inflation.“We already know that there are cost increases that we’re seeing both just in general things as well as capital projects due to supply chain issues and inflation,” Hammill said. “We’re not sure of what exactly what the revenue impact would be for a potential recession if there to be one.” There will likely be higher compensation costs for city employees due to collective bargaining as well as a need to carry on the ongoing costs of positions funded using one-time money. Between now and the budget adoption, Council may have an updated strategic plan paid for through the city’s use of American Rescue Plan Act funding. “The time is right,” said interim City Manager Michael C. Rogers. “In doing the strategic plan right, we’ll get a consultant to engage you individually and collectively over the next few months and by the time we get to April, we ought to have a new direction or at least some themes.”City Councilor Michael Payne said he wanted to make sure there is funding to address a human resources phenomenon known as compression, funding for climate, and for city investment in nonprofits to build subsidized housing. “How can we get our adopted Affordable Housing Plan and that $10 million a year into a more stable place in terms of how we’ll fund it at $10 million a year which is what the plan calls for,” Payne said. Payne also wants to make sure there is funding to invest in public transportation. Rogers said a compensation study is expected to be completed by the end of the year. “That will tell us where we are compared to other jurisdictions in the region in terms of our salaries,” Rogers said. “It will define a competitiveness gap.”The Fluvanna County Board of Supervisors were briefed on their compensation study on Wednesday. Rogers said the August 15 Council work session will feature a presentation of the collective bargaining ordinance followed by a first reading on September 6 with adoption currently anticipated on September 19. “And we expect that there will be a push to begin to recognize collective bargaining units after that,” Rogers said. Another direction to budget staff is to reexamine a policy where 40 percent of new revenues created by additional real estate taxes goes to Charlottesville City Schools. Some on the current Council have called for that agreement to be revisited, and Rogers said budget staff would look into it and begin preliminary discussions with the school system.“And at some point the Council probably should have that meeting with schools to discuss an issue like this,” Rogers said.As for increased spending on public transit, Rogers said current planning by the Thomas Jefferson Planning District is relevant. A governance study for how to implement a proposed Regional Transit Vision is about to get underway.“The long term play is probably the discussion about a regional transit agency, and what are the dynamics that need to be in place for us to move that forward,” Rogers said. “It’s been talked about a long time.” The current calendar calls for the second public hearing on the budget to be held on April 3, 2023 and for adoption at a special meeting on April 11. City Councilor Sena Magill said she wanted to adjust the schedule so that the final public hearing does not happen during the week City Schools are on spring break. “And it’s just one more way that it makes it harder for some people to serve on Council,” Magill said. Charlottesville Mayor Lloyd Snook said he would like to see the budget process moved up further so that Council could have more influence. The budget is introduced to the public the first week of every March. “There are places, particularly in Northern Virginia, where Council is involved in budget discussions by mid-December,” Snook said. “They’re not waiting until February or March and the practical effect of what we do is that our opportunity for actually commenting on things is compressed into about four weeks.” Snook said he would like to see the budget introduced in early February. Rogers said he would look into seeing if that could be accomplished, but it would leave for no break at all for budget staff. Hammill suggested holding budget development work sessions when needed. One such work session that comes to mind is the one last September when Council signaled its willingness to transfer a financial commitment for the West Main Streetscape toward school reconfiguration. That gave staff direction as they built the FY23 budget.Payne pointed out that Albemarle County has adopted their budget in May for the past two years. Rogers and Hammill said they would return with more options. For all of my stories on the budget process in Charlottesville, visit Information Charlottesville.Housekeeping notes for edition #416When will the next installment of Charlottesville Community Engagement? Good question. I can tell you there will be a Week Ahead out on Sunday as well as the Government Glance which is a look at what’s coming up in all of the localities across the Fifth Congressional District of Virginia. Reporting for today’s installment included a look-up on the Public Access to Court Electronic Records to learn a little more about the lawsuit filed by the former Police Chief. Today’s search only cost $2, but this is the kind of cost it takes to produce informational content that intends to keep you up to date. So, if you’re like to support this program which includes expenses like court reporting, consider a paid subscription through Substack. If do so, Ting will match your initial payment! And, if you sign up for their services through this link you’ll get a free standard install, your 2nd month free, and a $75 downtown mall gift card! Enter the promo code COMMUNITY for full effect. Music comes from the D.C. entity that currently goes by the name Wraki, selected randomly from a bin of basement-recorded cassette tapes. You can support that work by purchasing the album Regret Everything for whatever you would like to pay. Now, off to prepare for a trip to a different location in which I will continue to produce a couple editions of Charlottesville Community Engagement. It’s my pleasure to do so and I do hope you will help support me to keep this going for a long time come. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit communityengagement.substack.com/subscribe
There are many made-up holidays that somehow have found their way into being mentioned on this particular channel of programming as part the introduction. For some reason, today is Clean Your Floors Day, though it’s unclear who makes the money off of those greetings cards. But how clean are your floors? Are you a rebel without a broom, or are you a vacuum warrior? It’s a very good thing that none of the rest of this installment of Charlottesville Community Engagement has anything to do with this particular topic. But I will have you know, I mopped mine yesterday in anticipation of this very important day. On today’s show:So far there are no debates scheduled in the contested Fifth Congressional District race but Democrat Josh Throneburg wants to change thatArea home sales volumes have decreased, though the cost to buy a place to live continues to increaseGreene County hires a water and sewer director to prepare to expand supplySeveral area organizations receive funding from Virginia Humanities, including a project to tell stories of PVCC students who have been or are in prisonAlbemarle County continues to review its Comprehensive Plan and the seven-member Planning Commission got their chance to review growth management options late last month First shout-out is for LEAP’s new Thermalize Virginia program In today’s first Patreon-fueled shout-out: Have you been thinking of converting your fossil-fuel appliances and furnaces into something that will help the community reduce its greenhouse gas emissions? Your local energy nonprofit, LEAP, has launched a new program to guide you through the steps toward electrifying your home. Thermalize Virginia will help you understand electrification and connect you with vetted contractors to get the work done and help you find any rebates or discounts. Visit thermalizeva.org to learn more and to sign up! Challenger Throneburg challenges Good to an in-person debateThe Democratic candidate in the Fifth District Congressional race has asked his opponent to agree to meet in person for a debate or other kind of candidate forum before the November 8 election. Josh Throneburg of Charlottesville became the candidate earlier this year before the primary when he was the only one to qualify for the ballot. “There’s one question I get asked more than any other and that is, when will the two of you debate?” Throneburg asked in a campaign video sent out this morning. Throneburg addressed his comments directly to Good and said there were at least three organizations that would hold a campaign event, and that he’s accepted all of them.“But you have either rejected or ignored those invitations and so I want to make things crystal clear. I, Josh Throneburg, challenge you, Representative Bob Good to an in-person debate sometime between now and November 8.”Good is seeking his second term in the U.S. House of Representatives having defeated Cameron Webb in the 2020 election. Candidate Good did participate in a September 9, 2020 virtual campaign forum put on by the Senior Statesmen of Virginia. You can take a listen to that whole event at the Charlottesville Podcasting Network. A request for comment or a response is out to the Bob Good for Congress campaign. CAAR: Charlottesville real estate market continues to cool as prices continue to increaseThe number of sales in the Charlottesville housing market continues to drop as the median sales price continues to climb. That’s according to the latest report from the Charlottesville Area Association of Realtors. (view the report) “There were 1,380 homes sold in the CAAR area in the second quarter,” reads one of the bullet points in the CAAR Home Sales Report for the second quarter. “This is an eleven percent drop from the second quarter a year ago, which is 165 fewer sales.” CAAR’s jurisdictional area is the same as the Thomas Jefferson Planning District with the city of Charlottesville as well as the counties of Albemarle, Fluvanna, Greene, Louisa, and Nelson. The median sales price increased to $417,850, an eleven percent increase over the second quarter of 2021. Additionally, supply has increased with 741 active listings in the area, a 28 percent increase over the same period in 2021. To put the increase in perspective, consider that the median sales price for the second quarter of 2018 was $301,000. The report also covers recent economic trends such as steady job growth and low unemployment. “Several job sectors have fully recovered and have actually expanded since the start of the pandemic, including the Professional and Technical Services sector, and the Federal Government sector. The homeownership rate within these two job sectors tends to be relatively high, so growth in these sectors provides fuel for the housing market in Virginia.”However, the leisure and hospitality sector continues to show signs of recovery. Mortgage rates are higher than last year, but have shown a slight decline from the end of June when the average rate on a 30-year fixed was 5.7 percent. However, the report acknowledges the cooling effect of rates that have increased two percentage points so far this year. Sales volumes were down in all localities except Greene County where there was a 33 percent increase in sales. There were 122 homes sold in that jurisdiction between April and June of this year compared to 92 in the same period the year before. The median sales price increased in all of the jurisdictions, but Nelson County saw the biggest jump in values from $285,000 in second quarter of 2021 to $425,000 in the second quarter of 2022. Visit caar.com to download the report. What do you think? If you’re a property owner, how does this change your views on what you may do with your own place? What about if you want to own? Say something in the comments. New water and sewer director in GreeneGreene County is preparing for anticipated population growth by expanding its urban water supply. Now the locality has hired its first ever water and sewer director. “Mr. Greg Lunsford… will oversee the development of a team to operate Greene County Water and Sewer Department as Greene transitions out of the Rapidan Service Authority,” reads an announcement posted to the county’s Facebook page. Greene County recently left the RSA in order to build a reservoir that’s already received permission from the U.S. Army Corps of Engineers. The idea is to impound White Run to create storage. (learn more on the Greene website)Lunsford recently served as the town manager of Elkton in Rockingham County where the release states he helped advance a water system upgrade. In Greene, he will lead the work to create a water and sewer ordinance to govern the new supply. Virginia Humanities awards grants to area nonprofitsThe state agency that serves as the official humanities council for Virginia has made its latest round of grants to nonprofit organizations that seek to tell new stories about the people who have lived in the Commonwealth. “We want Virginians to connect with their history and culture and, in doing that, we hope we’ll all get to know each other a little better,” reads the About section of the website for Virginia Humanities. In all, Virginia Humanities awarded $153,200 to eighteen organizations including several in this general area. The Catticus Corporation of Berkeley, California will get $10,000 for a project to build a website intended to tell the story of Barbara Johns and the 1951 student walk out in Prince Edward County to a larger audience across Virginia and the nation. James Madison University will get $5,400 toward a project called A Miserable Revenge: Recovering 19th-Century Black Literature from the Shenandoah Valley. This will transcribe a handwritten novel by George Newman around 1880. Newman was an African American educator from the Winchester area. The Louisa County Historical Society will get $7,000 for a project called Representing our Residents: African American History at the Louisa County Historical Society. This will be a series of oral history interviews and public outreach activities.The National D-Day Memorial in Bedford will get $8,000 for a project called Someone Talked! A Podcast of the National D-Day Memorial. This will include conversations between the prolific WWII historian John McManus and other scholars and is intended and designed to reach and engage new audiences now that the generation that lived through WWII has passed. A project to add two Louisa County churches to the National Register of Historic Places received $3,000.Piedmont Virginia Community College will receive $10,000 for the PVCC Prison Creative Arts Project. The idea is to collect original writing from incarcerated PVCC students and then create a theatrical production based on the stories. The Kluge-Ruhe Aboriginal Art Museum will get $8,250 to make three videos to introduce the Monacan Nation as “custodians of the lands and waters in and around Charlottesville” to serve as land acknowledgments The Virginia Tech Foundation will receive $20,000 for a podcast to be called Tribal Truths on the histories and cultures of state and federally recognized Tribes in Virginia. To see the rest, visit the release at Virginia Humanities. Second shout-out goes to Camp AlbemarleToday’s second subscriber-supported public service announcement goes out to Camp Albemarle, which has for sixty years been a “wholesome rural, rustic and restful site for youth activities, church groups, civic events and occasional private programs.”Located on 14 acres on the banks of the Moorman’s River near Free Union, Camp Albemarle continues as a legacy of being a Civilian Conservation Corps project that sought to promote the importance of rural activities. Camp Albemarle seeks support for a plan to winterize the Hamner Lodge, a structure built in 1941 by the CCC and used by every 4th and 5th grade student in Charlottesville and Albemarle for the study of ecology for over 20 years. If this campaign is successful, Camp Albemarle could operate year-round. Consider your support by visiting campalbemarleva.org/donate. Albemarle Planning Commission reviews seven options for growth management Is this the summer of 2022, or is it the Summer of AC44? AC44 is the name Albemarle County has given for the review of its Comprehensive Plan. That’s a document Virginia requires all localities to adopt and review every five years. Albemarle last updated its plan in 2015 and work got underway earlier this year. “We’re currently in phase one, plan for growth, where we are reviewing and evaluating the current growth management policy, using lenses of equity, climate action, and capacity projects,” said Tori Kannellopollous, a senior planner with Albemarle County.At the end of this phase, staff and hired consultants will have developed a draft vision for “growth and resilience” on which new policy objectives will be written. The work so far has led to the development of seven growth management policies for the public to review. “We are planning having in-person and virtual roundtables and online opportunities in step three,” Kannellopollous saidThe Commission will then review the work in September followed by a review by the Board of Supervisors. Discussions about what changes might come in the rural area will come during phase two of the Comprehensive Plan Review. Several Commissioners wanted to know if survey responses have done enough to capture a diversity of opinion. “I did a deep dive on the last one that came out and when I look at the demographics, the demographics really trend white, upper class, middle-upper class, and extremely well-educated,” said Commission Julian Bivins. “What I’m nervous about is that those responses become the drivers for lots of decisions.” Charles Rapp, the deputy director of the Community Development Department, said he expected participation to increase when the plan review gets into specifics.“People are excited to get into the specific topics [and] into the details of this plan,” Rapp said. “At this point we’re still at such a high level trying to figure out which of those avenues we’re going to go down and which ideas we want to explore and what are those topics that we want to dive into.” The Commission also got an update on the buildout analysis of the county’s existing capacity for new homes and businesses. The firm Kimley Horn has been hired to conduct that work. Kannellopollous had several preliminary observations.“In mixed-use developments, the residential component tends to fill out first and the non-residential component may not build out until years later,” Kannellopollous said. “When factoring in site readiness and site-selection criteria, there appears to be sufficient capacity for commercial and retail uses but much less currently available for office and industrial uses.” Another finding is that new developments are not being approved at the maximum possible, and that by-right developments also do not use all of the potential building space recommended in the existing Comprehensive Plan.Seven growth management optionsThe firm EPR has been hired to help develop the growth management options. “These were developed by the consultants and the staff after the first round of public input,” said Vlad Gavrilovic with EPR. “They’re not intended as picking one as the winner or the loser. They’re intended to initiate discussion.” Let’s go through them. Here’s option one:“Applying more density and more in-fill development within the existing development areas and retaining and enhancing green infrastructure,” Gavrilovic said. “Next option was looking in the development areas to adjust the densities and reduce the maximum densities to more closely align with what people have actually been building as.” The third option would be to develop criteria for which the growth area might be adjusted. “Looking at new criteria to identify when, where, and how growth areas should be expanded,” Gavrilovic said. “The next option was opportunities for non-residential development around the interchanges on I-64 to support job growth and economic development.” Option five would explore the possibility of rural villages. “Rural villages where you would promote small scale commercial and service uses to nearby rural area residents,” Gavrilovic said. “Number six was looking at current service provisions and seeing if adjustments are needed to ensure equitable distribution of services, particularly health and safety services.” The final option is to “explore opportunities to promote forest retention and regenerative land uses in the Rural area that support climate action goals.” So those are the seven scenarios. A second round of community engagement went out with these results. “We heard that the three options that best support climate action were regenerative uses in the rural area, rural villages, and distribution of service provision,” Kannellopollous said. “The three options that best support equity were service provision, rural villages, and providing more density and infill in the development areas with green infrastructure.” For the “accommodating growth” lens, the top three options were rural villages, non-residential development at Interstate interchanges, and service provision. Commissioner feedbackCommissioner Karen Firehock said she saw the provision of infrastructure to support development areas as an equity issue.“People should be able to walk to a park or a trail or a healthy environment near to where they live and not have to get in the car and drive a really long way to find something green,” Firehock said. Firehock said the county is expanding some services into the rural area, such as the Southern Convenience Center in Keene. She said that will make it easier for people to meet other environmental goals. Commissioner Lonnie Murray lives in the rural area, and hopes the growth management strategy does not undo work to date. “I think it’s important to have a concept of ‘do no harm’ in the rural area,” Murray said.As an example, he said he wants the county to stop paving gravel roads in the rural area. Bivins urged the Commission to look ahead to the next redistricting after the 2030 Census, when he said the urban areas will continue to have more of the county’s expected population. “If we do not increase the development area, Samuel Miller [District] will end up in the near future as the largest land mass district in Albemarle County.” Bivins said “From an equity standpoint, one has to say ‘is that where we want to go as a county?’” The Weldon Cooper Center for Public Service currently projects Albemarle’s population as increasing to 124,016 by 2030, up from 112,395 in the U.S. Census of 2020. Commissioner Fred Missel said he wanted to know more information about how capital infrastructure works together to support development.“How does the capital plan for infrastructure, how does that inform development and how are they linked together?” Missel asked. “Not to throw the [Rivanna Water and Sewer Authority] into the mix it’s just one that comes to mind. What is their capital plan and how does that support strategic density? How does it support sustainability?” Missel’s day job is as director of design and development at the University of Virginia Foundation. The Foundation is pursuing a rezoning at its North Fork Discovery Park for a potential mixed-use residential complex. If you’d like to learn more about capital projects in Albemarle County, click here.If you’d like to learn more about the Rivanna Water and Sewer Authority’s Capital Improvement Program, download it here.Luis Carrazana’s day job is at the University of Virginia’s Office of the Architect. He said he wanted better metrics. “And a lot of times we focus on the big picture but we lose that option to say ‘we know we’re going in the right direction if we’re achieving A, B, C, and D,” Carrazana said. “So I would encourage everyone to think about that as well.” Planning Commissioner Corey Clayborne said density in the right place can help the county achieve certain goals, but he also acknowledged a tension with those who have pushed back. “That’s something we kind of have to wrestle to the ground and I’m not sure if that would be part of the final deliverable here as much as, is there an education sense in this process with the community as we step through this?” Clayborne asked. “Does that mean there are graphics or visuals? I’m not sure what that answer is yet but addressing it… if we can get our arms around and embrace strategic density, I think if you start talking about design importance, that could be a major key to affordable housing.” Commissioner Dan Bailey said one piece of data is experience that comes from what’s been approved and what’s actually been built. “I live in Belvedere and it has a concept that’s been there for nearly ten years of having centers in the community, but it’s been vacant for ten years,” Bailey said. “And we’ve done a lot of approving these novel neighborhood model density and other things where they should have this retail or office building. I would really love to know how many of them have actually been developed.” The next step will be a series of public engagement on the themes as well as the growth management options. Stay tuned. If you’re interested in this topic, invest an hour in the conversation to inform how you might participate. Housekeeping notes for 415 (Clean Floor edition)That’s the end of another installment of the program. Thank you so much for being here! I hope to have another one out tomorrow, followed by another on Friday. Then the Week Ahead and the Government Glance. The latter is the first publication of the new Fifth District Community Engagement. That’s another service of Town Crier Productions, a company formed to keep you in the know. Contributions and payments to Town Crier Productions cover the cost of reporting. That includes a bill with the United States for the Public Access to Court Electronic Records. I use that service to stay up to date on federal lawsuits such the one former City Manager Tarron Richardson had filed against the city, or the two court cases that sought a House of Delegates race this year. So, if you’re like to support this program which includes expenses like court reporting, consider a paid subscription through Substack. If do so, Ting will match your initial payment! And, if you sign up for their services through this link you’ll get a free standard install, your 2nd month free, and a $75 downtown mall gift card! Enter the promo code COMMUNITY for full effect. All of the funding goes to ensure I can keep doing the work, which two years ago included bringing the audio from a campaign forum to the public via the Charlottesville Podcasting Network. That’s also part of Town Crier Productions. There’s a lot, and your support will help me pull all of the pieces together into whatever it becomes. Music comes from the D.C. entity that currently goes by the name Wraki, selected randomly from a bin of basement-recorded cassette tapes. You can support that work by purchasing the album Regret Everything for whatever you would like to pay. Now. Off to go clean some floors. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit communityengagement.substack.com/subscribe
Using tarot and divination cards as a guide the Double D Team walk you through the week ahead specifically at the influences for career, romance, finances and whatever comes up. Check in on those around you and navigate your way forward with confidence knowing when to address issues and when to leave them be for now.
VLOG: Mag Court scoop on Iran murder plot; UN actually murders Congolese but SG @AntonioGuterres wraps himself in #Ukraine corn; week ahead Coinbase Wahi insider trading case, DEA trial
On this episode of the DefAero Report Daily Podcast, sponsored by Bell, Byron Callan of the independent Washington research firm Capital Alpha Partners discusses DoD's budget increase, Russia's stalemated war on Ukraine, Poland's decision to buy South Korean weapons and new entrants into the defense market, takeaways from recent defense and aerospace earnings disclosures, share buybacks and corporate investment, the Biden administrations move to revisit Northrop Grumman's acquisition of Orbital ATK, and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.
Boris Nemtsov, a politician with presidential potential who became a vocal opponent of Vladimir Putin and Moscow's aggression against Ukraine, was shot dead near the Kremlin in 2015. His daughter, journalist Zhanna Nemtsova, talks about Another Russia, her new podcast about Nemtsov and the continuing fight for the country's future.
Hour 1 - Getting Sen. Manchin on board was a big hurdle for the President's bill aimed at fighting inflation. But it wasn't the only vote he needed. Local and national news updates on Steve and Ted in the Morning.
A heavy earnings calendar this week, including anticipated reports from Starbucks (SBUX) and Caterpillar (CAT). All eyes are on oil, as OPEC+ is expected to announce key targets, and Russian President Putin meets with Turkey's Erdogan. Could food technology companies be the answer to a looming global crisis? Learn more about your ad choices. Visit megaphone.fm/adchoices
Lee Hardman, Currency Analyst, and Michael Owen, MUFG's Head of Global Client desk for EMEA in London, discuss the recent correction lower for the USD. Has the USD reached a bearish turning point? Disclaimer: www.mufgresearch.com (PDF)
Going up? Going down? Or, staying in the same place? Those are the only options to ponder now that it is National Talk In An Elevator Day. The idea is to spark up a quick conversation with a stranger while you level up - or down. So, polish up your pitch and perhaps you will find your way somewhere new? That’s one thought to have on July 29, 2022 and this installment of Charlottesville Community Engagement hopes to get to the bottom of a few things. I’m your host, Sean Tubbs. Sign up for free to be informed about a great deal of things! Pay for a subscription and you’ll help the information keep flowing!On today’s show:The deadline will soon close to tell the University of Virginia that your company wants to build affordable units as part of a housing initiativeAlbemarle Supervisors approve funding to further advance affordable housing projects at SouthwoodThere’s another algae bloom at Chris Greene Lake And Albemarle Supervisors deny a request from a landowner next to the lake to import clean fill to help restore the land to raise livestock First shout-out: Piedmont Master Gardeners want to help you rethink your lawnIn today’s first subscriber supported public service announcement: Want to change up your lawn to something more sustainable for pollinators and other creatures? The Piedmont Master Gardeners wants you to know about a program called Healthy Virginia Lawns which can assist you in your transition. The program is a joint venture of Virginia Cooperative Extension and the Virginia Department of Conservation and Recreation. If interested, the first step will be for a Piedmont Master Gardener to come for a visit for an assessment and soil tests. Healthy Virginia Lawns will give you a customized, science-based roadmap to a greener landscape that protects water quality, wildlife and other resources along the way. Visit piedmontmastergardeners.org to learn more!And if you want to learn more about how to use water more efficiently while gardening, Piedmont Master Gardeners are hosting a program at the Center at Belvedere this Tuesday, August 2, at 6:30 p.m. Learn more at thecentercville.org.Deadline looming for responses to UVA housing initiativeFirms and entities that seek to be part of the University of Virginia’s initiative to build up to 1,500 subsidized housing units have until Tuesday to answer a request for qualifications (RFQ). The University of Virginia Foundation has announced three sites on which mixed-use developments will be built, and the RFQ is for a 24 acre site on Fontaine Avenue known as Piedmont as well as a two acre site on Wertland Street near the intersection with 10th Street NW. Two weeks ago, the Foundation put out a list of answers to questions raised at a June 10 pre-proposal conference. (view the answers)“We expect submissions to provide clear examples of the approach to planning and development on other similar projects managed by the respondent,” reads the response to the first question. The document states that there have been no discussions with either Albemarle or Charlottesville about potential rezonings that might be necessary for the projects. The Piedmont site is located within Albemarle county and offers about 12 developable acres. The 10th and Wertland site is within Charlottesville close to three apartment buildings that have been constructed in the last ten years on West Main Street. There will be no homeownership options at either site and the Foundation’s involvement will be limited to leasing the ground to the development team. Existing tenants at the two locations are on year-to-year leases and have been informed of the potential redevelopment. Some but not all of the new tenants in the new buildings will be required to have specific low incomes. “Our team’s analysis demonstrates a need for units at [30 percent to 60 percent of area median income], but it will be up to the development team to determine the best approach to maximize affordability while producing a financially feasible project,” reads the response to question 10. The Foundation is also not stating a unit count at either location.“The count should be identified by the selected development team’s development program and financial plan,” reads the response to question 14. “It is assumed that teams will seek to maximize the number of affordable units while working to offer a variety of affordability levels across the development.”The response also clarifies that the units are not being targeted for UVA employees but for community members at the 30 percent to 60 percent level. The UVA Foundation has previously offered land at the North Fork Discovery Park, but an RFQ for that project will not be issued until after a rezoning is completed. See also:UVA announces three sites for affordable housing projects, December 14, 2021Places29-North committee gets first look at North Fork rezoning to add residential, March 3, 2022University of Virginia issues first request for qualifications for affordable housing developers, June 10, 2022Regional housing partnership endorses Piedmont Housing Alliance’s application to build affordable housing at two sites, July 7, 2022Albemarle Supervisors approve nearly $3.3 million in additional funding for projects at Southwood There’s a lot of demand for funding for housing projects across the community, and Albemarle County set aside some of its share of the American Rescue Plan Act to provide support to nonprofit agencies. The county asked those entities to apply for funding for affordable housing projects last gal “During the [Agency Budget Review Team] and [American Rescue Plan Act] processes we received requests for more than $20 million in funding support,” said Stacy Pethia, Albemarle’s Housing Policy Manager.On April 20, the Albemarle Board of Supervisors approved $1.29 million from the FY22 budget for three projects. “That money went to the Albemarle Housing Improvement Program to preserve 41 affordable units,” Pethia said. “$625,000 went to the Piedmont Community Land Trust to create 12 permanently affordable new housing units. And $250,000 was awarded to expand the county’s current energy improvement program and that would extend that program for an additional 25 existing units.” Another $2.7 million from Albemarle’s share of ARPA was set aside for housing, and Pethia said much of that went to the Premier Circle project being developed by Piedmont Housing Alliance, Virginia Supportive Housing, and the Thomas Jefferson Area Coalition for the Homeless. On July 20, Supervisors were asked to approve funding for two additional projects. “The staff is requesting the Board approve $3.3 million in funding [and] $3 million of that will be given to Piedmont Housing Alliance to support their Southwood Housing project and $306,000 will go to Habitat for Humanity to provide temporary rental assistance for 40 Southwood families that need to be relocated during the redevelopment process,” Pethia said. That relocation will take place for two years as the second phase of Habitat’s Southwood redevelopment gets underway. The total project cost is $2 million, making the county’s cost about 15 percent of that total. Pethia said the relocation will be in a building being constructed as part of phase one. Pethia said Piedmont Housing Alliance’s Southwood Apartments will have 121 units in the first phase of the Southwood redevelopment. “Those units will serve households with incomes between 30 percent and 60 percent of the area median income,” Pethia said. “The total project cost is $24.9 million.”Pethia said Albemarle’s total contribution for that project will end up around 12 percent of the total cost, or about $25,000 per unit. The main bulk of the funding comes from the sale of Low-Income Housing Tax Credits but other sources include the National Housing Trust Fund and the Virginia Housing Trust Fund. Albemarle’s Office of Housing will also dedicate eight vouchers to the project. “That equals approximately $500,” Pethia said. “That will provide rental assistance to dedicated units for 15 years.”Supervisor Ann Mallek asked what would happen after that 15 years. Pethia responded they would have to remain affordable for 30 years because that is the requirement under the Low Income Housing Tax Credits mechanism. Supervisor Ned Gallaway said Supervisors have to have a discussion about the future of the county’s affordable housing trust.“We’re on the 20th day of the Fiscal Year and our affordable housing fund, which we’ve taken probably four years to get up to $5 million is now down to under $500,000 again,” Gallaway said. “That’s not bad because we’re using it but there’s still so much out there that we need to do.” Gallaway said the county needs to do more than rely on surpluses and one-time money. Second shout-out: Join me for a Cvillepedia training session - Brand styleIn today’s house-fueled public service announcement, the Albemarle Charlottesville Historical Society wants you to know about an upcoming exhibit at the Center at Belvedere featuring portraits of several historical figures active in the Charlottesville area in the 1970’s and 1980’s. Frances Brand was a folk artist who painted nearly 150 portraits of what she considered “firsts” including first Black Charlottesville Mayor Charles Barbour and Nancy O’Brien, the first woman to be Charlottesville Mayor. Brand’s work will be on display from July 5 to August 31 in the first public exhibit since 2004. And, if you’d like to help conduct community research into who some of the portraits are, cvillepedia is looking for volunteers! I will be leading a Cvillepedia 101 training session at the Center August 1 at 2 p.m. Sign up at the Center’s website.Another algae bloom at Chris Greene LakeAlbemarle County has closed the beach to people and animals at Chris Greene Lake due to another harmful algae bloom. “People and dogs are prohibited from swimming in the lake until further notice,” reads a press release that went out on Wednesday. “Hiking trails and the dog park remain open, and boating is still permitted.:This is the second such event in less than a year. Another harmful algae bloom shut down the water last October and Chris Greene Lake was reopened after tests showed reduced levels of the bacteria that cause the blooms to occur. Another bloom in June 2018 prompted the county to hire the firm SOLitude Lake Management to conduct a study of the lake’s chemistry to understand the source. Their work found that organic material has accumulated at the bottom of the lake since it was created in the 1970’s. Lower oxygen in warmer months releases phosphorus into the lake upon which the algae feeds.“Algae are naturally-occurring microscopic organisms that are found in fresh and salt waters of Virginia and around the world,” reads the Virginia Department of Health’s website on harmful algae blooms. “Most algal blooms are not harmful but some do affect fish and humans, as well as other animals like birds and marine mammals.” Western portions of Lake Anna are also experiencing harmful algae blooms and an advisory was issued on July 15. The next report on that situation is expected on August 10. Albemarle Supervisors deny landowners request to be exempt from new rules on clean fillThe Albemarle County Board of Supervisors has taken action on the first test of an ordinance adopted in the fall of 2020 to regulate the practice of importing dirt from construction sites and other excavations to agriculturally zoned land. “The fill regulations were developed to protect public health, safety, welfare, and those regulations were designed to limit the scale and impact on roads, the adjacent areas, noise, runoff,” said Bart Svoboda, the county’s zoning administrator. The owner of two properties just to the west of Chris Greene Lake wants an exemption from all of those rules because he says they restrict a contract he has with the federal government to further develop forested land that was clear cut in 2009 that he now wants to become suitable for livestock pasture. “I am currently working on a multiyear, federally-funded environmental quality incentive program to improve the overall agricultural production of a 254 acre farm that has been in my family since the 1730’s,” said Tim Kindrick. The request is the first to come in since Supervisors adopted updated rules for what’s called clean fill on September 16, 2020. The new rules only allow imported fill on two acres per property. About 90 acres of the property were clear cut in 2009 and the stumps were left to decompose in place in order to prevent erosion. To move the land into productive use as pasture, Kindrick entered into a contract with the United States Department of Agriculture’s National Resources Conservation Service. One of the items in the meeting packet is a letter from Kory Kirkland with the NRCS. (read Kindrick’s application)“I have been working with Tim Kindrick on a multiyear project to conserve, improve, and protect the natural resources on his farm. This project promotes improved pasture condition and use, permanent/ perennial vegetation, and some use exclusion on areas that are most vulnerable. Part of the project area includes the area that Mr. Kindrick has proposed to use clean fill dirt as a land treatment to improve existing [conditions] for continued/ improved agricultural use.” Clean fill means solid matter brought from other sites that could include soil and other inert materials that change the topography of the landscape. Kindrick told the Board of Supervisors the project is agricultural in nature and that the new rules should not apply due to the Virginia Right to Farm Act. He said he has been held hostage by the new ordinance. Zoning administrator Bart Svoboda said staff does not see it that way. (county fill-dirt rules)“Under our ordinance, the zoning ordinance, the activity is not agricultural,” Svoboda said. “Fill activity is specifically excluded as an agricultural activity under state code and local code.”Svoboda acknowledged that the Virginia Right to Farm Act does restrict localities from regulating many agricultural uses, but clean fill brought in from external sites is not one of them. “That activity of bringing fill from offsite is not an agricultural use,” Svoboda said. “It supports agriculture but under those definitions it is not agricultural use.” Svoboda said staff recommended denial in part because there was no plan for how environmental effects would be mitigated under the plan. Supervisor Jim Andrews questioned the request for exemption from all of the rules. “My sense is that this is really an attempt to say that this regulation shouldn’t apply at all and asking us to make that determination which seems highly inappropriate,” Andrews said. “Without conditions I can’t understand what I’m really looking at.” Before we get to the end of the story, we have to go back. Earlier in the meeting, Brian McCay spoke on behalf of the Earlysville Forest Homeowners Association and said Supervisors should not grant the exemption. “Earlysville Forest has a right of way easement with the Kindrick family that was signed when the neighborhood was first developed,” McCay said. The neighborhood dates back to the 1980’s and McCay said the terms give the association an 15-foot easement intended for a driveway that links to Carriage Hill Drive. “However that driveway is now being used as access for the fill dirt operation requiring repeated trips by heavy dump trucks and is not adequate for that purpose,” McCay said. When asked by Supervisor Ned Gallaway to further explain the neighborhood’s opposition, McCay spoke a second time saying he was not opposed to the use of the property. “Our opposition is directly to the use of this access by heavy equipment and we want to stop that basically,” McCay said. Supervisor Donna Price said she toured the property with Kindrick and saw the installation of mechanisms to keep additional organic material from being washed into the watershed of Chris Greene Lake. “I did have a tour of part of the property and I did see where livestock exclusion fencing has been constructed to protect the waterways,” Price said. “My concern here is that our ordinance may have someone created what I’d call the law of unintended consequences by limiting the soil to have to come from the farm itself.” Price said the farm was in existence many years before the homes were built on Carriage Hill Road and that Kindrick had a legal right to use it. “It is a farm,” Price said. ”A farm naturally engages in some sort of industrial use.” Price asked for a legal perspective on whether the county’s ordinance was against state rules.“As Mr. Svoboda said at the beginning, there’s a difference between agricultural use on the one hand and fill use on the other and as Mr. Svoboda also pointed out, there was a recent amendment to state law that specifically amended agricultural activity so as not to include imported fill,” said Deputy County Attorney Andy Herrick. Supervisor Ann Mallek said the county’s new rules on clean fill were the subject of much public discussion over several years.“I cannot support someone saying ‘I don’t want this law to apply to me,’ and I think we have to make a decision based on the information we have now and if there’s a future application that comes in with something different, that would be fair to the neighbors and to the process.” Supervisor Ned Gallaway said he was sympathetic to the landowner, but the county put its ordinance into place for a reason. “I think even then we knew that this would likely frustrate good actors coming forward but the regulations and the ordinance were put in place to stop the bad actors and the activity that we were concerned about,” Gallaway said. There are six ways you can get a waiver but Kindrick wanted a blanket exemption from all of the rules. Gallaway suggested a new application that sought to justify the waiver. Price said she also could not support a blanket exemption. “But I really want county staff to do what I believe county staff does which is help this community member achieve within the law what he wants to do which is to improve the quality of his farm,” Price said. The motion to deny the application for a special exemption was approved unanimously. Housekeeping notes for episode 413:And that’s it for another edition of Charlottesville Community Engagement, and you may have noticed a focus on Albemarle County. I’d been wanting to get some of these items out there and it took a bit. There’s so much going on and I hope to have another edition out Monday at noon. Between now and then, there’s the Week Ahead coming out on Sunday. There will also be another look at what’s happening at government meetings in the Fifth District in the new Government Glance. In a few days, the above stories will be on the Information Charlottesville website. Want to read articles on land use at the University of Virginia? Click here!What about information on local waterways? Click here!How about economic development? Elections in Virginia? The archive grows each week!All of this is supported by readers and listeners under the Town Crier Productions company I formed two years ago and am still learning how to operate. I’m breaking even, but I’d very much like to find a way to grow. There are ways to do that!For one, if you sign up for a paid subscription through Substack, Ting will match your initial payment! And, if you sign up for their services through this link you’ll get a free standard install, your 2nd month free, and a $75 downtown mall gift card! Enter the promo code COMMUNITY for full effect. Music on the podcast version of the show comes from the D.C. sensation Wraki, and you can support their work by paying whatever you want for the album on BandCamp. My sincere hope today, though, is that someone will ponder the concept of elevators. And what would happen if they could predict the future? Ting will match your initial contribution if you sign up for a paid subscription! This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit communityengagement.substack.com/subscribe
In this episode of our Week Ahead series, we'll be looking at the main themes that will drive global markets over the coming week. In the US we have NFP, Factory orders, ISM manufacturing and Fed speakers. In Europe we have the BOE meeting – will they accelerate rate hikes? Along with Euro PPI and German Factory orders. Then it's the RBA and RBI meetings, Russia's Nordstream moves, China's Caixin PMI, events in Asia and the current state of Global markets all to discuss.
On this bonus episode of “On The Tape,” Guy and Dan reflect on what's been a volatile few months for the markets (1:30), and preview the big week for earnings (Apple, Amazon, Alphabet, Microsoft, and Meta) ahead (14:20). Later, they go “Off The Tape” with Cormac Kinney, founder of Diamond Standard, and discuss his background in innovation (22:00), diamonds as inflation hedges (35:00), tokenized commodities (37:20), and his path to an ETF (46:20). ---- Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod. We're on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
Guest: Patrick Lyons, DNVR Josh Nelson and James Fox recap the White Sox splitting another series against Cleveland Odd playing time for Andrew Vaughn Learning to live with Eloy Jimenez in left field if he hits homers Dylan Cease's incredible run MLB Trade Deadline targets for the White Sox White Sox vs. Rockies preview with Patrick Lyons of DNVR. [39:37] Learn more about your ad choices. Visit podcastchoices.com/adchoices
(4:09) - Chuck and Brendan begin the week talking about what we can expect from the Federal Reserve's two-day meeting this week.(12:57) - Touching on the Atlanta Fed's prediction that GDP will be negative for Q2.(23:23) - Previewing just some of the nearly 175 S&P 500 companies that will be reporting earnings this week.(35:17) - Discussing how big banks are reporting high levels of borrowing from wealthy customers despite high inflation.
It's another important week for investigation into the circumstances surrounding the mass shootings of April 2020. Top RCMP officials will be questioned in two separate hearings. THe CBC"s Blair Rhodes will bring us the details.
1. Huge week ahead. This is a very important week for markets. First, earnings season is in full gear. This week we get the earnings announcements from AAPL, GOOG, AMZN MSFT & others. 2. Then on Wednesday, there is the highly anticipated FOMC announcement. The central bank is expected to raise rates by 75 basis points. Some investors are calling for a 100 basis point hike, but I don't see it. 3. Then the 2nd Quarter GDP will be released on Thursday. The White House is already out saying that a recession should not be defined by 2 consecutive quarters of GDP. So they are moving the goalposts again, that seems to be happening a lot lately. 4. Energy stocks are strong again this morning. The industry group has been weak lately so I'm not going to make too much out of today's action. 5. Gold is down a little today. Earlier this morning, Newmont Mining (NEM) reported earnings and the stock is trading down by nearly 10%. The stock really looks attractive a little lower, but remember this is what can happen during earnings with any stock or sector. 6. Bitcoin is slipping today trading down by 3% to 21,900 on futures. This can still chop around in the near term, but the larger time-frame trend is lower.
US growth data scheduled to be released this week may determine whether we're headed toward a recession. After last week's NASDAQ gains, investors will be paying very close attention to earnings reports from tech giants Apple, Meta, and Microsoft, just to name a few. The most crucial data points will be out Thursday when the US releases its preliminary look at Q2 GDP. We have it all covered in today's show, including the very latest on the war in Ukraine.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
On this episode of MKT Call Guy Adami, Dan Nathan and Carter Worth discuss: A busy week for earnings and economic data How to position yourself in the S&P 500 Apple, Microsoft, Amazon, Alphabet, and Meta earnings on tap McDonald's, UPS, and Coca-Cola preview Snap's earnings disaster ---- Watch MKT Call at 1pm M-TH on YouTube Sign up for our emails ---- MKT Call is brought to you by our presenting sponsors FactSet and OpenExchange. ---- Follow us on Twitter @MKTCall Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube
Slide deck: https://bit.ly/3RZt3CV - Click here to open an account with Saxo The podcast is finally back from holiday! Today we look at a huge week ahead for equities and rates as it is the busiest week for earnings reports of this season and as the Fed is set for its latest super-size hike even as the market pulls the peak Fed funds rate both forward and lower. We also look at rising recession concerns in both the US and Europe, the history of whether financial conditions are as important as the economic cycle in the market outlook, and much more. Today's pod hosted by John J. Hardy. Intro and outro music by AShamaluevMusic
Apple (AAPL) highlights its focus on health and gets ready to report earnings after COVID causes major slowdowns in China. Even after a successful Prime Day event, Amazon's (AMZN) latest numbers may have been hit hard by inflation. Parents say they won't be breaking the bank this year on new gear, as kids get ready to go back to school. Learn more about your ad choices. Visit megaphone.fm/adchoices
Obeying Conscience, Pointing Fingers, Sitting Together in Silence, Going Ahead With Different Projects --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/lisa-meyerson/support
Scott Wapner and the Investment Committee discuss their playbook ahead of the most critical week for stocks as mega cap earnings and another Fed meeting loom large. Plus, Courtney Garcia of Payne Capital explains why she thinks a .75% rate hike is in the cards. And later, a cut on Paramount and other media names, the Committee take their positions.
New York falls to City in the Derby. With the team needs clear, with the Red Bulls bring in the help necessary? We prep for a massive week by welcoming Jeremiah Bentley of Moontower Soccer to provide the download on the Austin FC. Support Seeing Red through the Seeing Red Shop!
In this episode of our Week Ahead series, we'll be looking at the main themes that will drive global markets over the coming week. In the US we have the Fed meeting - will they hike 100bps? US PCE, Q2 GDP, Chicago PMI and consumer confidence. In Europe we have flash CPI, IFO and consumer confidence. Italian political dramas, droughts and markets reacting to the ECB. Then it's Australia CPI and Tokyo CPI, the events in Asia and the current state of Global markets all to discuss.
The USD has corrected lower over the past week alongside lower US yields and a rebound in global equity markets. Lee Hardman, Currency Analyst, and Simon Mayes, Director of MUFG's Global Customer Marketing Group for EMEA in London, discuss whether the best days are over for the USD rally ahead of next week's FOMC meeting. They also look at implications for the EUR from this week's ECB's policy update. Disclaimer: www.mufgresearch.com (PDF)
Attackers are starting to target the critical infrastructure that runs industrial and manufacturing facilities. That may not sound like a new thing but the speed and sophistication with which they're increasing their attacks is. Security firm Dragos hast noted in a recent post that there has been a significant increase in the number of people using password cracking tools on industrial equipment such as programmable logic controllers (PLCs). Where the real devilish genius comes into play is not tha these attackers are trying to corrupt them. Instead, they're converting these machines into nodes in large botnets to amplify attacks. And if you think it's hard to clean a malware infection from a PC try doing it on a PLC that can't be shut down. Dragos noted that while they only tested one particular kind of PLC many other samples had traces of malware infections. Stephen, is this going to cause issues for our already strained supply chain? Time Stamps: 0:00 - Welcome to the Rundown 0:43 - MinIO Goes to Market with Google Cloud 3:38 - FCC Looks to Bump Broadband Minimums 7:37 - Intel Warning of Pricier Chips 11:22 - FCC Budget for Hardware Swap Balloons 15:54 - Just a Bunch of Wires? 22:12 - Industrial Systems Coming Under Siege 29:39 - Router Flaws Lead to Massive Exploitability 37:42 - The Week Ahead 38:36 - Thanks for Watching! Follow our hosts on Social Media Tom Hollingsworth: https://www.twitter.com/NetworkingNerd Stephen Foskett: https://www.twitter.com/SFoskett Follow Gestalt IT Website: https://www.GestaltIT.com/ Twitter: https://www.twitter.com/GestaltIT LinkedIn: https://www.linkedin.com/company/1789
We have HUGE week ahead in paintball with the annual BKi Summer Camp event on the horizon! We talk shop with team owner Shawn Moe of the Vegas Golden Misfits about what it takes to run a successful program as they head into the WCPPL this weekend. Nick Leival also stopped by to check in before meeting us in Boston! This one was a lot of fun and we got to talk about a lot of different topics! Support the show
Tennessee Vols head coach Josh Heupel and players Hendon Hooker, Cedric Tillman and Tre Flowers will head to Atlanta for SEC Media Days later this week. What's to come beforehand as the wild week begins today? All that and more on this Monday Locked on Vols. Locked on Vols is your go-to Tennessee Volunteers podcast, available on YouTube and wherever you find your podcasts. The Locked On Vols podcast is your daily show covering Tennessee Volunteers football and basketball with Eric Cain. SUBSCRIBE to the show and catch it on every platform, completely free, right HERE. LinkedIn LinkedIn jobs helps you find the candidates you want to talk to, faster. Post your job for free at Linkedin.com/lockedoncollege Terms and conditions apply. Built Bar Built Bar is a protein bar that tastes like a candy bar. Go to builtbar.com and use promo code “LOCKED15,” and you'll get 15% off your next order. BetOnline BetOnline.net has you covered this season with more props, odds and lines than ever before. BetOnline – Where The Game Starts! Rock Auto Amazing selection. Reliably low prices. All the parts your car will ever need. Visit RockAuto.com and tell them Locked On sent you. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Corey took this week off so Shera and Rando welcomed special guest Garren Taylor to the pod! Other than the little bit of activity that moved through this evening, there's not much to talk about except for the building big heat wave to affect us for the next week. So this week you'll hear lots of fun stories about now 15 year old Garren! There's a little something going on in the Pacific to talk about. This week's Weather School is about CAPE. Garren gives us the drought situation and Rando has some wild "in other news" tidbits. Shera's got some cool fun facts and Garren gives us the Weather Word of the Week! ~~~~~~~~~~ Check out our website at: stormdarweather.com Support us on Patreon at: patreon.com/stormdarweather Follow us on Instagram at: instagram.com/stormdarweathermedia
One of the world's biggest international aviation exhibitions is kicking off, which will include companies like Boeing (BA) and Airbus (EADSF). Philip Morris International (PM) will report earnings this week. And, even with the new Microsoft (MSFT) deal, Netflix (NFLX) may be overshooting its estimate for new subscribers in the coming months. Learn more about your ad choices. Visit megaphone.fm/adchoices
We recap the week that was, including the drivers behind recent market performance. My guest also previews what to expect with the Q2 corporate earnings season and some points of interest to be mindful of in the week ahead. Featured is Matt Tormey, Associate Equity Strategist Americas, UBS Chief Investment Office. Host: Daniel Cassidy
With EUR/USD breaching parity this week and the Fed expected to maintain its hawkish stance given stubbornly high inflation, the 2s10s US Treasury curve has inverted further. This week Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, discusses with Michael Owen, Head of Global Client Desk EMEA, the implications for the US dollar in periods of curve inversion. Derek also looks ahead to the ECB meeting next week and addresses a client question on the possibility of the G20 turning its attention to curtailing US dollar strength. Disclaimer: www.mufgresearch.com (PDF)
Hi, I'm Kylee and I'm a business coach for women! I specialize in helping women make money while still balancing their families. Learn more about my courses and coaching options at kyleeanncoaching.com FIND US HERE: kyleeanncoaching.com/podcast instagram.com/kyleeanncoaching Get the show notes to your inbox: bit.ly/KMMpodcast APPLY FOR 1-on-1 COACHING: kyleeanncoaching.com/coaching SHOW NOTES: Marketing is my jam. If you've been here a while, you know it's one of my favorite topics. I love marketing because if you have a good marketing plan, you can do anything. Marketing is your key to success. You can be the best nail tech, photographer, make up artist or have the best products - but if nobody knows about it, how are people going to buy from you? I have years of blogs, courses, freebies, podcast episodes - so many things all about improving your marketing. But what I really want to hit on today is planning your content ahead of time. When I say planning ahead, I'm talking like weeks and months of content already planned out and scheduled. That may seem like a lot, and it kind of is a lot, but in my new Content Marketing Queen Course I teach you how to plan 16 weeks ahead on blogs, Facebook, Instagram, TikTok, Youtube - literally everywhere. I teach you how to come up with weeks worth of content and spread it in all the places, and do it in a way that doesn't take up your life and free time. If you're struggling with posting consistently, creating meaningful captions that will get engagement from followers or confused on what SEO is and how to get to the first page of google, then this course would be amazing for you! It is all in depth and hyper focused on creating strategic marketing strategies that will help turn your website and social media into booking machines. So I have that great course coming up, but right now I just want to give some tips for planning one week ahead on Instagram and why it's going to make the difference for right now. Here's my strategy for being consistent on Instagram, because consistency will line up your marketing strategy to hit the target. Below are my links to get an exclusive deal on Planoly, to get the Reels Starter Guide Freebie and to join the Content Marketing Queen Course! Can't wait to see you there! Planoly.com/referral/kyleeannstudios http://kyleeanncoaching.com/reels-freebie http://kyleeanncoaching.com/marketing-course-1
Consumers should get ready for major sales in the retail sector with Amazon (AMZN) Prime Day, alongside competitor events. All eyes are on inflation this week, with consumer price and producer price reports both due in. Delta Air Lines (DAL) kicks off the earnings season for the airline sector. Learn more about your ad choices. Visit megaphone.fm/adchoices
Julianna Poplin of The Simplicity Habit shares 9 things to do on a Sunday to prepare for the week ahead Episode 2409: 9 Things to Do on Sunday to Prepare for the Week Ahead by Julianna Poplin Julianna is a professional declutterer and writer at The Simplicity Habit. She writes to encourage and inspire women who want to simplify their homes and lives The original post is located here: https://www.thesimplicityhabit.com/things-to-do-on-sunday-to-prepare-for-week/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalLivingDaily Learn more about your ad choices. Visit megaphone.fm/adchoices