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Send us a textDollar traders eagerly await ISM PMIs and US jobs report. RBA to remain on hold, focus to fall on forward guidance. Eurozone CPI data could revive ECB rate cut bets. Yen traders may scrutinize the BoJ Summary of Opinions.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD
Following the Fed's decision to cut by 25bp, we discuss why we now expect substantially more rate cuts in 2025-26, and the impact of the appointment of a new Fed chair in coming months. In Europe, we preview the on-hold decisions we expect from both Swiss National Bank and Riksbank next week. In Asia, we put a spotlight on Indonesia. In this episode, we also speak with Yusuke Miyairi, our G10 FX strategist, who explains why he sees USD/JPY lower in the near-term, amid the latest political developments in Japan. Chapters: US: 01:59, Europe: 10:23, Asia: 15:51, Japan: 17:24.
A thousand facets sits with Kayo Saito, they discuss her upbringing in Japan, her start on jewelry creating paper pieces and how she moved to metal and now lapidary! About: I really cherish the little wonders that nature throws our way. It could be tender young leaves sprouting, the scent of opening buds, or decaying leaves curling up. I design and make jewellery to reconnect us to nature. In my workshop, all the parts and elements are made by hand, making each piece unique. You can follow Yen on Instagram @kayosaitojewellery or her website https://www.kayosaito.com/ Please visit @athousandfacets on Instagram to see some of the work discussed in this episode. Music by @chris_keys__ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Apple en andere westerse bedrijven kennen het maar al te goed. Opeens worden je vrachtwagens in China dubbel zo vaak gecontroleerd. Xi Jinping zegt plotseling tegen de staatsmedia dat jouw bedrijf consumenten mishandelt. En de lokale regelgever? Die wil NU meer belasting zien! Het kan twee dingen betekenen: u moet op audiëntie komen bij de Chinese overheid en mag toezeggingen gaan doen, of u bent gedegradeerd tot pokerchip op de geopolitieke speeltafel. Het laatste overkomt Nvidia deze week. Want die overname van vijf jaar geleden die de Chinese regelgever allang goed had gekeurd? Die kan opeens niet meer door de beugel. We bespreken de gevolgen voor 's werelds grootste chipbedrijf. Han Dieperink van Aureus meldt terloops even dat die 15 procent van Chinese chipomzet die Nvidia aan de regering Trump mocht afdragen, op niks was gebaseerd. Minder nep is de nieuwe Europese concurrent voor Starlink. Elon Musk verslikte zich dit weekend twee keer in zijn koffie: net even de prijs van Tesla omhoog gekocht, ligt Starlink er opeens uit! En tot overmaat van ramp komen de Europese defensiebedrijven Thales, Leonardo en Airbus met een nieuwe Franse joint venture die gaat concurreren met zijn oppermachtige satellietbedrijf. Verder bespreken we opmerkelijke veranderingen op Wall Street. De nieuwe baas van beurswaakhond SEC wil eerst netjes blaffen voordat 'ie bijt. Volgens Paul Atkins is de SEC iets te vaak een sheriff geweest die je kop eraf knalt en dan pas vragen stelt. Goed nieuws voor de boeven dus. Tot slot doet Trump ook nog een duit in het zakje van de regelgeverij: het liefst stoppen we met die kwartaalcijfers. Veel te hijgerig, schrijft hij op Truth Social. Liever elk half jaar een teken van leven met wat cijfers. Jim Cramer is in elk geval al aan boord.See omnystudio.com/listener for privacy information.
ll quadro di riferimento settimanale a cura del Team Advisory di Ersel per la settimana del 15 settembre 2025. I principali temi: il periodo poco tranquillo sui mercati, l'oro e i suoi massimi storici, Trump e dazi, le guerre commerciali, il mercato del lavoro, la Fed e la politica monetaria americana. Restate aggiornati e buon ascolto!Il presente podcast è destinato esclusivamente a scopi informativi/ di marketing non sostituendosi al prospetto informativo o ad altri documenti legali di prodotti finanziari ivi eventualmente richiamati. Nel caso, si prega di consultare il prospetto dell'OICVM/documento informativo e il documento contenente le informazioni chiave per gli investitori (KID) prima di prendere una decisione finale di investimento che può essere effettuata solo previa valutazione dell'adeguatezza del servizio o dello strumento finanziario rispetto al profilo individuato con il questionario MiFID. Solo la versione più recente del prospetto, dei regolamenti, del Documento chiave per gli investitori, delle relazioni annuali e semestrali del fondo può essere utilizzata come base per decisioni di investimento. Il presente podcast non costituisce né un'offerta né una sollecitazione all'acquisto, alla sottoscrizione o alla vendita di prodotti o strumenti finanziari o una sollecitazione all'effettuazione di investimenti. Ersel ha verificato con la massima attenzione tutte le informazioni rappresentate nel presente podcast e compiuto sforzi per garantire che il contenuto di questo podcast sia basato su informazioni e dati ottenuti da fonti affidabili, ma non garantisce della loro esattezza e completezza non assumendosi alcuna responsabilità. Ersel non si assume alcuna responsabilità circa le informazioni, le proiezioni o le opinioni contenute nel presente podcast e non risponde dell'uso che terzi potrebbero fare di tali informazioni, né di eventuali perdite o danni che possano verificarsi in seguito a tale uso. Il presente podcast può fare riferimento alla performance passata degli investimenti: i rendimenti passati non sono indicativi di quelli attuali o futuri. Le indicazioni e i dati relativi agli strumenti finanziari, forniti dalla Società, non costituiscono necessariamente un indicatore delle future prospettive dell'investimento o disinvestimento. È vietata la riproduzione e/o la distribuzione del presente podcast, non espressamente autorizzata.
Apple en andere westerse bedrijven kennen het maar al te goed. Opeens worden je vrachtwagens in China dubbel zo vaak gecontroleerd. Xi Jinping zegt plotseling tegen de staatsmedia dat jouw bedrijf consumenten mishandelt. En de lokale regelgever? Die wil NU meer belasting zien! Het kan twee dingen betekenen: u moet op audiëntie komen bij de Chinese overheid en mag toezeggingen gaan doen, of u bent gedegradeerd tot pokerchip op de geopolitieke speeltafel. Het laatste overkomt Nvidia deze week. Want die overname van vijf jaar geleden die de Chinese regelgever allang goed had gekeurd? Die kan opeens niet meer door de beugel. We bespreken de gevolgen voor 's werelds grootste chipbedrijf. Han Dieperink van Aureus meldt terloops even dat die 15 procent van Chinese chipomzet die Nvidia aan de regering Trump mocht afdragen, op niks was gebaseerd. Minder nep is de nieuwe Europese concurrent voor Starlink. Elon Musk verslikte zich dit weekend twee keer in zijn koffie: net even de prijs van Tesla omhoog gekocht, ligt Starlink er opeens uit! En tot overmaat van ramp komen de Europese defensiebedrijven Thales, Leonardo en Airbus met een nieuwe Franse joint venture die gaat concurreren met zijn oppermachtige satellietbedrijf. Verder bespreken we opmerkelijke veranderingen op Wall Street. De nieuwe baas van beurswaakhond SEC wil eerst netjes blaffen voordat 'ie bijt. Volgens Paul Atkins is de SEC iets te vaak een sheriff geweest die je kop eraf knalt en dan pas vragen stelt. Goed nieuws voor de boeven dus. Tot slot doet Trump ook nog een duit in het zakje van de regelgeverij: het liefst stoppen we met die kwartaalcijfers. Veel te hijgerig, schrijft hij op Truth Social. Liever elk half jaar een teken van leven met wat cijfers. Jim Cramer is in elk geval al aan boord.See omnystudio.com/listener for privacy information.
Send us a textSofter US jobs data leave door open for a larger Fed rate cut. Dollar and US equities try to find their footing today. Yen under pressure after PM Ishiba's resignation. Gold and oil rally, supported by weaker dollar and geopolitical tensions.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD
A thousand facets sits with Yen Duong before her showing at Goldsmith's fair week one, to talk about her experiences as a child, her love for art and how a visit to a science museum igniting the voice she has now. About: When I was 7 years old I experienced the eternal bond that jewellery can create with memories. My family and I were forced to flee our homeland of Vietnam as political refugees. We could take little with us on that perilous boat journey to Hong Kong and we chose our most precious possessions - family photos and jewellery which I've treasured ever since. To this day that jewellery connects me back with those childhood memories, loved ones and places for which I'm eternally grateful. That chapter of my life made me embrace the value of memories and the simple things in life. Maintaining that sense of joy and gratitude for the everyday lead to creating intricate, beautiful pieces from the raw materials around me and jewellery making became my creative outlet. At The Sir John Cass School of Art, London I learnt to push the boundaries of creativity and innovation with traditional skills. In the process of experimenting with structural complexity in movement, I developed the foundations for my Molecule Design Structure along with my creative expression. You can follow Yen on Instagram @yenjewellery or his website https://www.yenjewellery.com/ Please visit @athousandfacets on Instagram to see some of the work discussed in this episode. Music by @chris_keys__ Learn more about your ad choices. Visit podcastchoices.com/adchoices
Brand new $1M luxury yacht tips over and sinks in Turkey, 15 minutes after launching. A woman in Japan lost millions of Yen - $6k U.S. - after being conned by a man claiming to be an astronaut. Google's autonomous ride service Waymo is coming to Denver. Kawhi Leonard and L.A. Clippers owner Steve Ballmer just got outed by Pablo Torre for fraudulent behavior to beat the NBA salary cap.
Japan goes after arcades, Nintendo's Famicon gets its first licensee & Gamers come together online These stories and many more on this episode of the VGNRTM! This episode we will look back at the biggest stories in and around the video game industry in October 1984. As always, we'll mostly be using magazine cover dates, and those are of course always a bit behind the actual events. Alex Smith of They Create Worlds is our cohost. Check out his podcast here: https://www.theycreateworlds.com/ and order his book here: https://www.theycreateworlds.com/book Get us on your mobile device: Android: https://www.google.com/podcasts?feed=aHR0cHM6Ly92aWRlb2dhbWVuZXdzcm9vbXRpbWVtYWNoaW5lLmxpYnN5bi5jb20vcnNz iOS: https://podcasts.apple.com/de/podcast/video-game-newsroom-time-machine And if you like what we are doing here at the podcast, don't forget to like us on your podcasting app of choice, YouTube, and/or support us on patreon! https://www.patreon.com/VGNRTM Send comments on Mastodon @videogamenewsroomtimemachine@oldbytes.space Or twitter @videogamenewsr2 Or Instagram https://www.instagram.com/vgnrtm Or videogamenewsroomtimemachine@gmail.com Links: If you don't see all the links, find them here: https://www.patreon.com/posts/137421899 7 Minutes in Heaven: Lazy Jones Video Version: https://www.patreon.com/posts/7-minutes-in-137421447 https://en.wikipedia.org/wiki/Lazy_Jones Corrections: September 1984 Ep - https://www.patreon.com/posts/september-1984-127470165 Ethan's fine site The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ https://archive.org/details/atariincbusiness0000gold http://jerrymomoda.com/universal-vs-nintendo-part-i-2/ https://www.patreon.com/posts/83174490/ https://www.filfre.net/2016/05/kit-williamss-golden-hare-part-1-the-contest/page_1big/ https://www.youtube.com/watch?v=1-Uz0LMbWpI https://archive.org/details/zaprisefall00cohe/mode/2up 1944 Coinmen looking forward to VE Day https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/40s/44/CB-1944-10-03.pdf pg. 1 https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/40s/44/CB-1944-10-10.pdf pg. 3 https://www.ipdb.org/machine.cgi?id=2735 https://www.ipdb.org/machine.cgi?id=2736 https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/40s/44/CB-1944-10-31.pdf pg. 2 https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/40s/44/CB-1944-10-10.pdf pg. 2 https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/40s/44/CB-1944-10-17.pdf pg. 5 First National Electronics Conference held https://www.nytimes.com/1944/10/06/archives/electronics-holds-postwar-promise-war-expansion-of-uses-aids-in.html?searchResultPosition=2 1954 Popular Electronics debuts https://www.worldradiohistory.com/Archive-Poptronics/50s/54/Pop-1954-10.pdf pg. 52 Von Neumann joins Atomic Energy Commission https://www.nytimes.com/1954/10/24/archives/oppenheimer-friend-named-to-the-aec-von-neumann-gets-vacancy-on-aec.html?searchResultPosition=3 https://www.nytimes.com/1954/10/24/archives/von-neumann-had-key-hbomb-role-princeton-scientist-created.html?searchResultPosition=5 New York Magistrate resigns to head Comics Code Authority https://www.nytimes.com/1954/10/02/archives/magistrate-resigns-murphy-to-draft-a-code-for-comic-magazine.html?searchResultPosition=4 1964 UNIVAC experiments with airflow computing https://www.nytimes.com/1964/10/18/archives/new-digital-computer-introduced-by-univac.html?searchResultPosition=2 Big Tech hit by defense spending cuts https://www.nytimes.com/1964/10/13/archives/watson-announces-ibm-profits-mark-for-third-quarter.html?searchResultPosition=65 Bowling gets computerized https://www.worldradiohistory.com/Archive-Poptronics/60s/64/Pop-1964-10.pdf pg. 46 1974 ASCII code extensions proposed https://www.worldradiohistory.com/Archive-Poptronics/70s/1974/Poptronics-1974-10.pdf pg. 26 https://www.aivosto.com/articles/charsets-7bit.html#body Atari Debuts Touch Me https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/70s/1974/CB-1974-10-19.pdf pg. 31 Sega sponsors video game tournament https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/70s/1974/CB-1974-10-26.pdf pg. 45 https://segaretro.org/Sega_TV_Game-ki_Zenkoku_Contest 1984: Hasbro buys Milton Bradley Toys Hobbies & Crafts, October 1984 Warner returns to profitability "Posts $24.4 Million Profit Compared With Loss a Year Ago, The Associated Press October 23, 1984, Tuesday, AM cycle, Section: Business News" Atari Games Inc. established Replay, October 1984, pg. 15 Jack is looking for cash The second time around, Forbes, October 8, 1984, Section: COMPANIES; Pg. 42, Byline: By Anne Bagamery Electronic Games, October 1984, pg. 12 Gerard Leaves as Warner Co-President, The Associated Press, October 16, 1984, Tuesday, AM cycle, Section: Business News Commodore financials break records https://archive.org/details/popular-computing-weekly-1984-10-18/page/n4/mode/1up?view=theater Apple numbers soar Apple earnings soar six-fold in quarter, Financial Times (London,England), October 19, 1984, Friday, Section: SECTION II; International Companies; Pg. 21 TI settles investor suit Suit costs TI $12 million, Computerworld, October 15, 1984, Section: COMPUTER INDUSTRY; Pg. 116 Ocean buys Imagine https://archive.org/details/popular-computing-weekly-1984-10-18/mode/1up?view=theater Sinclair buys rights to bandersnatch https://archive.org/details/popular-computing-weekly-1984-10-11/mode/1up?view=theater https://archive.org/details/popular-computing-weekly-1984-10-04/page/n4/mode/1up?view=theater Activision to spend big as computer game maker ACTIVISION; Details pre-Christmas advertising and promotion plans, Business Wire, October 24, 1984, Wednesday ACTIVISION; Financial results, Business Wire, October 29, 1984, Monday PCS going into bankruptcy https://archive.org/details/popular-computing-weekly-1984-10-25/page/n4/mode/1up?view=theater Konami goes public KONAMI INDUSTRY TRADED FIRST AT 8,300 YEN, Copyright 1984 Jiji Press Ltd.Jiji Press Ticker Service, OCTOBER 1, 1984, MONDAY Japanese Arcade law https://archive.org/details/game-machine-magazine-19841001p/page/n18/mode/1up?view=theater Japanese arcades diversify https://archive.org/details/game-machine-magazine-19841015p/page/n16/mode/1up Chuck E. Cheese operations normalize Play Meter, October 15, 1984, pg. 9 Fighting games are all the rage Replay, October 1984, pg. 16 https://en.wikipedia.org/wiki/Punch-Out!! AMOA set to be the battle of the carts Replay, October 1984, pg. 27, pg. 31 Video Games donated to Smithsonian https://www.worldradiohistory.com/Archive-All-Music/Cash-Box/80s/1984/CB-1984-10-20.pdf pg. 38 Namco moves to Famicom https://archive.org/details/game-machine-magazine-19841001p/page/n18/mode/1up?view=theater http://www.videogameden.com/fc.htm?lor Parker Bros may be getting out https://archive.org/details/computer-entertainer-3-7/page/n14/mode/1up?view=theater Tom Dusenberry - Parker Brothers - Hasbro - Atari - https://www.patreon.com/posts/42807419 Adam woes continue https://archive.org/details/computer-entertainer-3-7/mode/1up?view=theater https://archive.org/details/computer-entertainer-3-7/page/105/mode/1up?view=theater Cabbage Patch Sales Boost Coleco's 3rd-Qtr Profit, The Associated Press, October 25, 1984, Thursday, AM cycle, Section: Business News No Headline In Original, United Press International, October 24, 1984, Wednesday, BC cycle, Section: Financial Adam promotion costs hit earnings at Coleco, Financial Times (London,England), October 30, 1984, Tuesday, Section: SECTION II; International Companies; Pg. 15 Oric on the ropes https://archive.org/details/popular-computing-weekly-1984-10-04/mode/1up?view=theater GEC drops MSX plans https://archive.org/details/popular-computing-weekly-1984-10-11/page/n4/mode/1up?view=theater Sega to launch MSX in UK https://archive.org/details/popular-computing-weekly-1984-10-18/page/n4/mode/1up?view=theater https://www.msx.org/wiki/Yashica_YC-64 https://www.msx.org/wiki/Category:Yeno Amstrad bullish on CPC Amstrad stays Sugar sweet, The Guardian (London), October 4, 1984, Byline: By MAGGIE BROWN Commodore prepping 128 https://archive.org/details/popular-computing-weekly-1984-10-25/mode/1up?view=theater Sinclair denies rumors of expanded speccy https://archive.org/details/popular-computing-weekly-1984-10-04/mode/1up?view=theater Sinclair announces Spectrum+ https://archive.org/details/popular-computing-weekly-1984-10-18/mode/1up?view=theater https://archive.org/details/popular-computing-weekly-1984-10-25/page/n17/mode/2up?view=theater Home computers have the price right, just not the power Byte, October 1984, pg. 6 Final bonanza for home micros / Sales of cheap home computers, The Guardian (London), October 8, 1984, Byline: By PETER LARGE Games on cassette are dead https://archive.org/details/computer-entertainer-3-7/page/107/mode/1up?view=theater Bookware mania explodes! https://archive.org/details/computer-entertainer-3-7/mode/1up?view=theater https://archive.org/details/popular-computing-weekly-1984-10-11/page/n4/mode/1up?view=theater Toy & Hobby World, October 1984, pg. 8 Visi On sold to CDC https://books.google.de/books?id=d-tPdHcBE9wC&pg=PAPA41&redir_esc=y#v=onepage&q&f=false Microsoft delays Windows... again PERIPHERALS; SPECIAL INSURANCE COVERAGE COULD PREVENT COSTLY LOSSES, The New York Times, October 30, 1984, Tuesday, Late City Final Edition, Section: Section C; Page 6, Column 5; Science Desk Ensoniq plans ad campaign No Headline In Original, ADWEEK, October 22, 1984, Eastern Edition, Section: ACCOUNT ACQUISITIONS; New England https://en.wikipedia.org/wiki/Ensoniq Crackers get organized https://archive.org/details/popular-computing-weekly-1984-10-25/page/n4/mode/1up?view=theater https://csdb.dk/group/?id=3423 Playnet Launches nationwide PLAYNET; Launches national access to its in-home, on-line network, Business Wire, October 30, 1984, Tuesday Comp-U-Card hits 1 million COMP-U-CARD-INTL; Announces individual membership base exceeds one million, Business Wire, October 18, 1984, Thursday Micronet to take on Compunet in the UK https://archive.org/details/popular-computing-weekly-1984-10-18/mode/1up?view=theater Futures (Micro Guardian): Search and you will find / The World Reporter full text news and current affairs database, The Guardian (London), October 18, 1984 Videotex or videotext? Business World;Infant videotext industry has identity problems in pitching home information systems to consumer, United Press International, October 21, 1984, Sunday, BC cycle, Section: Domestic News, Byline: By SUSAN POSTLEWAITE, UPI Business Writer Business World; Infant videotext industry has identity problems in pitching home information systems to consumer; First question: What does it do?; Second question: Why do I want it?; Third question: Can I afford it?, United Press International, October 21, 1984, Sunday, BC cycle, Section: Financial, Byline: By SUSAN POSTLEWAITE, UPI Business Writer Game creators get chatty https://archive.org/details/Computer_Gaming_World_Issue_4.5/page/n13/mode/2up https://archive.org/details/Computer_Gaming_World_Issue_4.5/page/n29/mode/2up ISBN adds software Byte, October 1984, pg. 10 Antic Reviews The Art of Computer Game Design https://archive.org/details/artofcomputergam00chri/mode/2up?view=theater https://archive.org/details/1984-10-anticmagazine/page/82/mode/2up Nintendo beats Universal on appeal "Universal City Studios, Inc. v. Nintendo Co., United States Court of Appeals for the Second Circuit, May 23, 1984, Argued ; October 4, 1984, Decided, No. 84-7095 On the Light Side, The Associated Press, October 11, 1984, Thursday, PM cycle" MCA sues Atari https://archive.org/details/computer-entertainer-3-7/mode/1up https://www.atariprotos.com/2600/software/dune/dune.htm Commodore runs afoul of the FTC Byte, October 1984, pg. 9 Learn to speculate - the Video Game! INVESTMENT WATCH, The San Diego Union-Tribune, October 31, 1984 Wednesday, Section: BUSINESS; Pg. A-13, Byline: Janet Lowe, TRIBUNE FINANCIAL EDITOR https://www.worthpoint.com/worthopedia/comex-game-market-simulator-software-3764189470 Acorn dives into Laserdiscs Venture in video discs,Financial Times (London,England), October 31, 1984, Wednesday, Section: SECTION I; Technology; Education; Pg. 15, Byline: EDITED BY ALAN CANE https://www.historyofinformation.com/detail.php?id=1661 RIP HESWare https://archive.org/details/popular-computing-weekly-1984-10-11/mode/1up?view=theater Jay Balakrishnan - HESWare, Radical, Dynamics, Solid State Software - https://www.patreon.com/posts/jay-balakrishnan-103071267 No Headline In Original, United Press International, October 8, 1984, Monday, BC cycle, Section: Financial, Dateline: EUGENE, Ore. Quote of the month: https://archive.org/details/popular-computing-weekly-1984-10-25/page/n2/mode/1up?view=theater Recommended Links: The History of How We Play: https://thehistoryofhowweplay.wordpress.com/ Gaming Alexandria: https://www.gamingalexandria.com/wp/ They Create Worlds: https://tcwpodcast.podbean.com/ Digital Antiquarian: https://www.filfre.net/ The Arcade Blogger: https://arcadeblogger.com/ Retro Asylum: http://retroasylum.com/category/all-posts/ Retro Game Squad: http://retrogamesquad.libsyn.com/ Playthrough Podcast: https://playthroughpod.com/ Retromags.com: https://www.retromags.com/ Games That Weren't - https://www.gamesthatwerent.com/ Sound Effects by Ethan Johnson of History of How We Play. Copyright Karl Kuras
SBI Holdings, one of Japan's largest financial conglomerates with over 11 trillion yen ($74 billion) in assets under management, has partnered with Soneium blockchain (on Optimism) to develop a continuous trading platform for tokenized stocks and real-world assets. Meanwhile, Ripple, a leader in enterprise blockchain, has partnered with SBI Holdings to distribute Ripple USD (RLUSD) in Japan in 2026.~This episode is sponsored by Uphold & Coinbase~Uphold Get $20 in Bitcoin - Signup & Verify and trade at least $100 of any crypto within your first 30 days ➜ https://bit.ly/pbnupholdBuy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/CBARRON00:00 Intro00:10 Sponsor: Coinbase00:35 Ethereum All-time High01:00 Japan XRP + Soneium01:20 Sota Watanabe02:40 Yoshitaka Kitao03:10 Ripple Panics? RLUSD Coming To Japan03:50 XRP security problems04:20 XRPL Payments stagnant04:50 Sponsor: Uphold05:20 Trump going to Japan05:50 September Tokyo Events06:15 Japanese Yen Stablecoin Chains06:30 Kyoto DEX07:00 Sony Bank07:30 Superchain07:50 $OP chart09:00 Outro#Crypto #XRP #Ethereum~Japan Goes All-In on Crypto!!!
Voices of Otolaryngology host, Rahul K. Shah, MD, MBA, AAO-HNS/F EVP/CEO, talks with David M. Yen, MD, about his practice, Specialty Physician Associates in Bethlehem, Pennsylvania, has established a fully accredited residency program. The two discuss how the hybrid private-academic model represents the future of the specialty and how their program uniquely prepares residents to provide exceptional ENT care in community settings across the U.S. The conversation also explores the benefits and challenges of balancing education, workforce needs, patient care, and innovation. Whether you're a practicing otolaryngologist, a trainee considering your career path, or a physician leader navigating the business of medicine, this episode offers insights into the evolving landscape of otolaryngology and the power of embracing flexibility in training and practice. Resources: 2023 Otolaryngology Workforce Report https://www.entnet.org/business-of-medicine/workforce-survey/ "Privademics," published in the AAO-HNS Bulletin January 2024, authored by Dr. Yen: https://bulletin.entnet.org/business-of-medicine-practice-management/article/22884170/privademics
U.S. stock activity remained muted around midday on Aug. 18, on hold before a conference of world financal leaders and earnings from major retailers, like Walmart and Home Depot, later this week. Federal Reserve Chair Jerome Powell is set to give a speech at the end of the week at the annual Jackson Hole Economic Symposium of global central bankers and finance chiefs. Investors will be looking for hints Powell may be done waiting to see tariff effects before cutting rates again.~This Episode is Sponsored By Coinbase~ Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/CBARRON00:00 Intro00:10 Sponsor: Coinbase00:34 Crypto awaits Jackson Hole00:50 Unemployment set to rise01:38 Powell may disappoint02:10 Tariff test03:00 CNBC: Powell's most important Jackson Hole04:05 Polymarket04:35 CNBC expectations are high; what to look for06:10 BlackRock Rick Rieder: Best investing environment ever07:45 Ukraine & Russia Tension08:30 ETH Short squeeze incoming08:45 Yen-peg stablecoin09:00 The Trumps buying the ETH dip10:00 ETH + BTC Chart10:30 Outro#Crypto #federalreserve #bitcoin ~Powell Pullback Coming?
Russian Kremlin's Ushakov says Alaska summit will begin at 11:30 local time on Friday (20:30 BST/15:30 EDT)European bourses are modestly firmer, US futures hold around the unchanged mark into PPI.USD sell-off pauses for breath ahead of PPI, Yen rises on Bessent BoJ comments.JGBs lag as Japan reacts to Bessent, USTs await PPI.Crude ekes mild gains as attention turns to Trump/Putin.Looking ahead, US PPI (Jul), Jobless Claims, Speakers include Fed's Barkin. Earnings from Applied Materials.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
It's Part 2 of our back-to-back BSE episodes with Mo, Sam, and Mara! Let's check on our next batch of callers!Caller #3 is Bea who is 32yrs old from Manila. Bea is only afew years into her marriage yet she is feeling that it might be doomed. Her husband is a seaman and their contrastingpersonalities maybe lead them to call it quits.Caller #4 is Yen who is 33yrs old from Manila. Yen has aten-year friendship with a male co-worker and she recently found out he was cheating on his wife with another girl from work. She is conflicted on whether she should tellhis wife or is her involvement with this guy's life closer to being marites than being actually helpful.Send more to the Philippines without overpaying. NALA gives you fast, secure transfers with some of the best exchange rates out there.Use promo code MoTwister when you download NALA!Also, GTWM is brought ot you by GameZone! FUNbelivable sa GameZone dahil you play a REAL GAME of Tong-its with REAL PLAYERS, FOR FREE! You have a chance to split over thirty-four million pesos, at may chance ka pato claim up to fourteen-thousand, six-hundred-forty pesos daily! The cash credits you get can be used to play kahit anong game. You can even cashout! May dalawang eventevery single day! G ka na ba? Visit GZone.ph and social media account on Facebook, Instagram and TikTok @taragamezone. G na sa Tong-its? Tara Gamezone!Remember, ang gaming dapat fun-fun lang!
RenMac talks tariffs and who really bears the burden, Trump's Fed site-visit and true objective, the narrow market excuse and why it's more bearish propaganda than insightful utility, and the negative global liquidity story imbedded in JGB normalization and the Yen carry trade unwind.
The Channel: A Podcast from the International Institute for Asian Studies (IIAS)
On this episode of The Channel, we're featuring a full episode from our friends over at the Nam Phong Dialogues podcast. Nam Phong Dialogues is hosted by two Vietnamese American scholars, and the show excels at presenting Vietnamese intellectual and sociopolitical history in ways that are accessible, engaging, and relevant for understanding contemporary global issues. The two co-hosts are Kevin Pham and Yen Vu. Kevin Pham is an Assistant Professor of Political Science at the University of Amsterdam. His first book, The Architects of Dignity: Vietnamese Visions of Decolonization, was published last year by Oxford University Press. Yen Vu is a Faculty Member in Literature at Fulbright University Vietnam in Ho Chi Minh City, and she is currently a Scholar-in-Residence at the University of Amsterdam during Summer 2025. In this episode of Nam Phong Dialogues, Yen and Kevin discuss the historical division of Vietnam following the end of the French colonial period, including the massive migrations that it spurred. Hosted on Acast. See acast.com/privacy for more information.
Joaquín Robles, director de Ventas de Banco BIG, repasa las claves macroeconómicas de la jornada mirando a el dato de las ventas de viviendas de segunda mano de EE.UU, la Eurozona, BCE, PMI, el Yen y la Unión Europea frente a los aranceles.
Google riding high ahead of earnings, with potential for its longest win streak in years. Japan's election results have the Yen strengthening against the dollar. And Sarepta's slide continues as the drug developer rebukes the FDA's request to halt shipments of its gene therapy drug. Why one Wall Street analyst says the stock could head to zero. Fast Money Disclaimer
Prof. Richard Werner is best known for his book ”Princes of the Yen”, his paper on quantitative easing & his support for small local banks. In this interview, he talks about recent events in economics & the role he believes Bitcoin will play.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Bitcoin maximalist and top BTC influential individual Max Keiser warns us, “Yen carry trade explodes, Japan forced to sell $1.2 trillion in U.S. Treasury bonds. Bitcoin carry trade goes vertical. The speculative attack on fiat money spikes higher as capital flees low-yielding fiat money and ploughs into high yielding Bitcoin. $2,200,000 in play.” Learn more about your ad choices. Visit megaphone.fm/adchoices
The moves come as XRP soars following a broad crypto rally punctuated by Bitcoin hitting an all-time high of $122,838 on July 14. XRP is among the top gaining crypto assets over the past week.~This episode is sponsored by Uphold~Uphold Get $20 in Bitcoin - Signup & Verify and trade at least $100 of any crypto within your first 30 days ➜ https://bit.ly/pbnuphold00:00 Intro00:15 Sponsor: Uphold00:55 Chart01:33 XRP Volume01:45 XRP Leverage ETF launches02:00 Most important XRP metric: TikTok02:28 12 months02:45 TikTok reactions04:20 Gareth vs Tim: Traders are lost?05:10 XRP vs Eth marketcap05:30 XRP Season06:04 XRP DEX skyrocketing + velocity06:35 Google trends07:10 Supply shock?07:35 Japan SBI XRP07:50 Loyalty Points to XRP conversions08:00 “Crypto assets” button08:45 SBI was waiting for regulation09:33 SBI testing XRP Ledger Wallet09:50 OSAKA wallet10:20 $YEN coming to XRPL10:50 Outro#XRP #Crypto #Ethereum~XRP Smashes All-Time High!
In this episode, Jenny and Eccho welcome Dr. Lea Lynn Yen to explore Asian American perspectives on affirmative action and corporate DEI initiatives. Dr. Yen shares insights from her research on the model minority stereotype and colorblind racial ideology as they relate to affirmative action. Tune in for a thought-provoking discussion on the complexities of racial dynamics and the importance of cross-racial solidarity in fostering better workplace
Episode 614: Neal and Toby talk about Apple's much-anticipated release of ‘F1' as it hopes the Brad Pitt-led movie can bring box office riches. Then, Trump is considering naming Fed Chair Jerome Powell's replacement, much sooner than expected. Also, Nvidia breaks another record, making it the Stock of the Week. And Zohran Mamdani's Democratic primary win has NYC real estate companies scared, making them the Dog of the Week. Meanwhile, Japan continues to be the destination of choice for many Americans looking to take advantage of the weakening Yen. Check out https://domainmoney.com/mbdaily and start building your financial plan today We are current clients of Domain Money Advisors, LLC (Domain). Through Domain's sponsorship of Morning Brew Daily, we receive compensation that included a free plan and thus have an incentive to promote Domain Money. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
Why I Trade Coffee, Cocoa, and Crypto Too Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now Click Here to Watch Prop Firm Masterclass #593: Why I Trade Coffee, Cocoa, and Crypto Too In this video: 00:27 – We don't only trade the Forex market. 01:06 – More metals now available. 01:25 – We trade Indices, Commodities and Cryptos. 01:56 – More trading opportunities for high quality patterns. 03:14 – Trades I have open right now on non-FX markets. 03:50 – All trades have equal and low risk. 05:23 – Get onto my 17 minutes masterclass. 05:44 – Have a chat with us. 06:15 – Blueberry Markets as a Forex Broker. Today, I want to explain to you why we don't only trade the forex market. We look at other markets as well. So let's talk about that more right now. Hey there, Forex Traders! It's Andrew Mitchem here at The Forex Trading Coach with video and podcast number 593. We don't only trade the Forex market. Now being called The Forex Trading Coach you would assume that we trade only the forex market. Well we used to. And that's because years ago all that was available to us were forex pairs. And like the GBP/USD and USD/JPY, USD/CHF, etc. the main pairs. And then over time more and more pairs. What were called exotics or minor pairs got added. Things like NZD/CAD and then other pairs got added as times gone on, like ZAR/JPY, things like that, some more and more have been added. And then years ago they introduced a couple of metals and we could trade gold and silver against the US. More metals now available. And then more recently we've got access to more metal markets. So example Gold and Silver against the Pound and against the Uen and against the Chinese Yuan and different crosses like that, but also more metals such as, Palladium and Platinum and Copper. We trade Indices, Commodities and Cryptos. We can trade indices like the Nasdaq and different American markets and different Canadian and Swiss franc markets, Yen markets. We can trade, things like commodities. We can trade coffees and Cocoas. We can trade cryptos, Bitcoins and Ethereums, etc.. So the beauty of trading today on a platform such as MetaTrader 5 is that you have access to so many more markets. More trading opportunities for high quality patterns. And you could think of that and go, well that's just going to create more work. Andrew. No, not at all. What it does is it gives you the opportunity once you know what you're looking for, and once you have a strategy that you can scan through the markets really quick, it's giving you more and more opportunity to look for the pattern on a higher quality chart. So for example, years ago you might have said, well, this trade on the GBP/USD, it's okay. It doesn't quite fit my criteria but it's okay. And you might have taken that trade. Rightly or wrongly. Whereas now you've got the opportunity to scan through more and more markets. And so the way that we trade I don't particularly care what I trade. It's the pattern that I'm looking for. It's where has that candle formation appeared within the chart. Has it got room to move to? The profit target has the stop loss got protection? All these type of things that we look for. And so if I'm trading the pattern, I'm giving myself a very high probability chance of success, because I'm looking for only the highest quality patterns, regardless of the market or direction. So simply because I live in New Zealand, it doesn't mean I have to trade New Zealand dollar pairs more, or I have to trade the EUR/USD because it's the biggest traded forex pair. Not at all. Trades I have open right now on non-FX markets. As an example, I've got a a monthly chart trade on Cafaro, which is one of the coffee markets on the commodities. I've got two weekly chart trades open right now on Dogecoin and Solana.
I sit down with Dr Timothy Yen, Gastroenterologist and Clinical Informaticist at Loma Linda University. Dr Yen was building the Lynch Syndrome program at Loma Linda when he discovered Epic Cosmos, where the Epic's Care Everywhere could be used for research, regardless of the health system. Epic Cosmos unlike other modules, isn't built around claims data. Now Dr Yen can pull de-identified data from thousands of patients, aggregate statistics and more. Cosmos is free for a health system to join, but they just need Care Everywhere. It also has a system to potentially connect lynch syndrome providers without breaking any privacy issues. Biggest barrier is going through the training and understanding how it works in order to do anything meaningful. As patients, we need to remind our physician offices to be specific in documenting our visits.
Charles Schwab's Michelle Gibley turns to the international front, noting the Israel and Iran conflict as one with many unknowns. She says global conflicts typically don't have long-lasting market effects with the exception of energy, noting crude's excessive price climb and likely increases if attacks continue. On Japan, Michelle Gibley doesn't see the Bank of Japan increasing interest rates as the anniversary of the Yen carry trade nears.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Jerome Powell heeft nog ruim elf maanden te gaan als Fed-voorzitter. Maar die maanden duren Donald Trump net wat te lang. Daar weet Trump wel raad mee. Als hij nu al een opvolger aanwijst, dan heeft hij het alsnog praktisch voor het zeggen. Want zo richt hij een soort 'schaduw-Fed' op, waar de markten meer aandacht aan zullen hechten dan aan Powell. Maar zet Trump 'zijn' economie en 'zijn' dollar op het spel als hij zijn eigen pion neerzet bij de Federal Reserve? Met die vraag mogen beleggers wereldwijd gaan worstelen de komende tijd. Verder zegt de Amerikaanse president een deal te hebben bereikt met China. Nou ja: een tussendeal. Een 'raamwerk' dat de handelsoorlog verder pauzeert voordat een andere deal de oorlog écht beëindigt. En er zit nog een haakje aan, want zowel Trump zelf als Xi Jinping van China moeten er nog een handtekening onder zetten. Autoproducenten in de VS en Europa staan te juichen, want de zeldzame aardmetalen stromen China weer uit. Chinese studenten mogen in ruil daarvoor verder studeren in de VS. Ook Elon Musk maakt een deal, maar dan met zijn eigen geweten. Hij biedt excuses aan voor het gebekvecht met Donald Trump van vorige week. Teslabeleggers zijn uitzinnig: het aandeel staat alweer hoger dan het voor de ruzie stond. Misschien is de nieuwe proef met robotaxi's die op 22 juni van start gaat wel de kers op hun taart. Tot slot draait Jensen Huang van Nvidia even 180 graden bij. In januari zei hij nog dat kwantumcomputers pas over 20 jaar nuttig zouden worden, waarna kwantum-aandelen zoals Rigetti en IonQ van de trap vielen. Rigetti verloor zelfs 70 procent van zijn waarde. Maar vandaag zei Huang opeens dat de kwantumrevolutie een keerpunt heeft bereikt en dat de kwantumtoekomst binnen handbereik ligt. We bespreken wat er dan is veranderd in de tussentijd.See omnystudio.com/listener for privacy information.
Jesse Felder returns to Soar Financially to break down why the U.S. economy is far more fragile than it appears to be. From rising inflation and deliberate economic slowdown to insider selling, stagflation risks, and a major monetary regime change, Jesse warns that this market is dangerously overvalued.#gold #marketcrash #buffett-------------------
Chris Coleman had it all and yet it still was not enough. He had a great job that made six figures, a beautiful home, wife and family. He also had a mistress and a murderous mindset. Join Patreon here to binge bonus content! Crime Curious is creating a kick-ass exclusive listener experience | Patreon https://www.buymeacoffee.com/crimecurious Music By: Michael Drzewiecki Cover Art By: Charnell Christopher Coleman of the Coleman family murders: where is he today? - YEN.COM.GH Chris Coleman murders Man Accused of Killing Family Texts Girlfriend from Wife's Funeral - CBS News Former Marine Found Guilty in Wife, Sons' Murder Case | Fox News
Enviados de México en Yenín se encuentran a salvo: SRE Cierran carretera Culiacán-Navolato por tiroteo Combaten incendio en NL tras explosión en empresa de diésel
Pese a haber acordado una reunión el viernes con Claudia Sheinbaum, integrantes de la CNTE bloquearon este miércoles los accesos a Palacio Nacional y extendieron sus protestas a Reforma e Insurgentes. Incluso no dejaron que los periodistas ingresaran a la mañanera, por lo que la presidenta tuvo que dar su conferencia sin audiencia presencial, sólo virtual. Las fuerzas de Israel dispararon tiros de advertencia contra una numerosa delegación de diplomáticos europeos, árabes, canadienses y hasta latinos, incluidos mexicanos, que realizaban una visita oficial al campo de refugiados de Yenín.Además…. Las autoridades estadounidenses ya cuentan con la autorización para empezar con las investigaciones dentro del Buque la Escuela Cuauhtémoc; Estados Unidos sancionó a líderes del Cartel del Noreste; Mataron a la periodista Avisack Douglas en Veracruz; Donald Trump aceptó el polémico regalo de un avión Boeing 747 del gobierno de Qatar; Y Chris Brown, acusado de agresión, fue liberado bajo fianza en Reino Unido.Y para #ElVasoMedioLleno… La Suprema Corte de Justicia de la Nación celebró un paso firme hacia la protección de los derechos de la infancia en Guerrero.Para enterarte de más noticias como estas, síguenos en redes sociales. Estamos en todas las plataformas como @telokwento. Hosted on Acast. See acast.com/privacy for more information.
Dos trabajadores de la Embajada de Israel en Estados Unidos han sido asesinados a tiros a las puertas del Museo Judío de la capital norteamericana. El tirador, ya arrestado, gritó "Palestina Libre". Mientras, Naciones Unidas ha confirmado que Israel ha permitido que 90 camiones con ayuda humanitaria empiecen a llegar a los gazatíes, aunque también sigue bombardeando la Franja, dejando esta madrugada al menos 10 muertos. Además, el ejército israelí disparó contra una veintena de diplomáticos, representantes de varios países árabes y europeos, entre ellos un español, que estaban visitando la ciudad de Yenín, en la Cisjordania ocupada. Y en España, los socios del gobierno aprietan al PSOE para que el bloqueo al comercio de armas con Israel se haga efectivo.
Dos trabajadores de la Embajada de Israel en Estados Unidos han sido asesinados a tiros a las puertas del Museo Judío de la capital norteamericana. El tirador, ya arrestado, gritó "Palestina Libre". Mientras, Naciones Unidas ha confirmado que Israel ha permitido que 90 camiones con ayuda humanitaria empiecen a llegar a los gazatíes, aunque también sigue bombardeando la Franja, dejando esta madrugada al menos 10 muertos. Además, el ejército israelí disparó contra una veintena de diplomáticos, representantes de varios países árabes y europeos, entre ellos un español, que estaban visitando la ciudad de Yenín, en la Cisjordania ocupada. Y en España, los socios del gobierno aprietan al PSOE para que el bloqueo al comercio de armas con Israel se haga efectivo.
La ayuda a Gaza sigue bloqueada en la frontera. Militares israelíes disparan contra una delegación diplomática que visitaba Yenín. Los pueblos indígenas de la Sierra Nevada de Santa Marta, en Colombia, corren un riesgo real de desaparecer
In this episode of the AdTechGod Pod, Yen Nguyen, the SVP Head of Curation at Consumable, shares her journey on focusing in on curation. She discusses the evolution of curation in the ad tech space, particularly in audio advertising, and highlights the untapped potential of digital audio. Yen emphasizes the importance of bridging the gap between traditional audio and programmatic buying, and how curation plays a crucial role in enhancing targeting and effectiveness in advertising. She also touches on future trends in ad tech, including the impact of AI and the need for innovation to create more efficient solutions for buyers. Takeaways Curation is a growing focus in the advertising industry. Yen's journey into curation was accidental but impactful. The audio advertising space has significant untapped potential. Curation is not just about supply; it's about expertise. Digital audio spending is on the rise but still underutilized. Education is key to shifting budgets towards audio advertising. Curation can bridge the gap in fragmented ad tech solutions. Innovations in AI and digital out-of-home are exciting trends. The emotional impact of audio ads can rival that of video. The future of advertising lies in making the buyer's job easier. Chapters 00:00 Introduction to Curation and Yen Nguyen 01:01 Yen's Journey in Curation 05:11 Curation's Evolution in AdTech 10:50 The Future of Audio Advertising 15:50 Bridging the Gap in Audio Advertising 19:06 The Role of Curation in AdTech 25:29 Innovations in AdTech and Future Trends Learn more about your ad choices. Visit megaphone.fm/adchoices
"Directors are authors of a production," is the vision held by Trip Cullman, director of the play, We Had a World. This beautiful play explores intergenerational relationships in a family with complicated dynamics. Starring Joanna Gleason, Andrew Barth Feldman, and Jeanine Serralles and written by Joshua Harmon. Sarah and Trip discuss the play, queer representation on stage, the importances of live theatre, and more! Trip Cullman (Director). Broadway: Cult Of Love, The Rose Tattoo, Choir Boy, Lobby Hero (Tony nom., Best Revival), Six Degrees of Separation (Tony nom., Best Revival), Significant Other. Select Off Broadway: I Can Get It For You Wholesale (Best Revival, Drama Desk and Outer Critics) (CSC); The Lonely Few, Moscow Moscow…, YEN, Punk Rock (Obie), A Funny Thing Happened… (MCC); Days Of Rage, The Layover, The Substance of Fire, Lonely I'm Not, Bachelorette, Some Men, Swimming In The Shallows (Second Stage); Unknown Soldier, The Pain Of My Belligerence, Assistance, A Small Fire (Drama Desk nom.), The Drunken City (Playwrights Horizons); Significant Other (Roundabout); Choir Boy (MTC); Murder Ballad (MTC and Union Square); The Mother, I'm Gonna Pray For You So Hard (Atlantic); Roulette (EST); The Hallway Trilogy: Nursing (Rattlestick); The Last Sunday In June (Rattlestick and Century Center); Dog Sees God (Century Center); US Drag (stageFARM); several productions with The Play Company. Select regional: Berkeley Rep, McCarter, Geffen, Arena, Alliance, Old Globe, La Jolla, South Coast Rep, Bay Street, Williamstown. Connect with GOOD SHOW! Instagram: @goodshowpodcast Tik Tok: @goodshowpodcast Learn more about your ad choices. Visit megaphone.fm/adchoices
The U.S. dollar's recent rebound off 3-year lows may be short-lived, according to Thierry Wizman. Despite technical buying and profit-taking in the Euro and Yen, Wizman believes the dollar's long-term decline is far from over. He cites a shift in investor sentiment away from U.S. assets and the dollar, driven in part by concerns over the country's fiscal and monetary policies. With the Fed now expected to cut rates and inflationary pressures building, Wizman sees further volatility ahead for the currency markets.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Alex Gladstein unpacks the hidden power dynamics of financial privilege, the shifting terrain of surveillance, and why Bitcoin might be the most unexpected tool in the fight for human rights IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 08:23 - Why self-custody is essential to the philosophical core of financial freedom 13:12 - How grassroots Bitcoin movements are reshaping power dynamics 14:02 - The complex role of social media in Bitcoin advocacy 14:27 - What recent developments are challenging or reinforcing core beliefs 16:07 - How Bitcoin acts as a stealth disruptor of corrupt systems 17:29 - Real-world humanitarian uses of Bitcoin, including crisis response 18:49 - The implications of rising financial surveillance—even in democracies 19:43 - Why financial privilege blinds many in the West to global monetary injustice 21:07 - Where the next frontier of Bitcoin and human rights may emerge 49:03 - How writing a full-length book reframed the guest's understanding of scale and resistance Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Alex's X Account. Human Rights Foundation. Related Video: Princess of the Yen. Bitcoin Is A Trojan Horse For Freedom by Alex Gladstein. Alex's books: Check Your Financial Privilege and Hidden Repression: How the IMF and World Bank Sell Exploitation as Development. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock Found AnchorWatch Fundrise DeleteMe CFI Education The Bitcoin Way Vanta Shopify Indeed Onramp Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
S&P futures and TSX are pointing down. US 2-year yield stays at 3.8% and 10-year yield climbing 4 bps to 4.4%. Gold settles up 2% and WTI Crude down 1.6%. Treasuries were weaker with some curve steepening, dollar index was little changed. Asia markets are mixed today. More scrutiny is on waning US exceptionalism symbolized by dollar's ongoing retreat. Bearish dollar narrative is broadening beyond tariffs to concerns about Fed's independence. Tariff headline volatility continued as President Trump on Truth Social listed eight categories that would qualify as non-tariff barriers. Japan markets are particularly sensitive to currency manipulation which was at the top of the list. Yen strengthened to a seven-month high amid growing expectations the topic will come up during the meeting between Finance Minister Kato and Treasury Secretary Bessent on the side-lines of this week's Washington G20 meeting of finance minister and central bank governors.Companies mentioned: Tesla, Alphabet, Ford Motor
Siguen las dudas tras la inesperada muerte en prisión del “feminicida de Iztacalco”. Las autoridades sólo han dicho que Miguel Cortés murió por “intoxicación” tras una caída en su celda, pero no hay claridad de qué fue lo que pasó. Los familiares de las víctimas han denunciado las irregularidades de la Fiscalía; inclusive se supo que Miguel Cortés le habló días antes de su muerte a la hermana de una de sus víctimas para decirle que no se arrepentía de nada. Las Fuerzas Armadas de Ecuador alertaron sobre un plan para asesinar al presidente, Daniel Noboa, y generar caos en el país. En esa comunicación, el Ejército ecuatoriano aseguró que hay una iniciativa para mandar sicarios desde México; cosa que la SRE rechazó categóricamente.Además… El gobierno de Estados Unidos lanzó una campaña antiinmigración en la televisión abierta mexicana; Putin ordenó una extraña tregua de 30 horas por la Pascua, aunque Ucrania acusó a Moscú de romperla; El Papa Francisco recibió en El Vaticano al vicepresidente de Estados Unidos; Utilizando el telescopio James Webb, científicos detectaron que en el lejano planeta K2-18b se encontraron moléculas de dimetilsulfuro; Terminó el segundo fin de semana de Coachella; Y En pleno Wrestlemania 41, la WWE anunció la compra de la AAA, la promotora de lucha libre más importante de México.Y para #ElVasoMedioLleno… El gobierno de México impulsa “Adopta un río” una iniciativa que busca cuidar las cuencas y caudales de MéxicoPara enterarte de más noticias como estas, síguenos en redes sociales. Estamos en todas las plataformas como @telokwento. Hosted on Acast. See acast.com/privacy for more information.
Huang Hua Yang is a former farmer and the deepest freediving athlete from the beautiful country of Taiwan. One of the deepest men in the world, he shares his freediving story and philosophy with us.In this episode we discuss:Huayang joined us from Panglao, Philippines at the time of recording, where he was training for the Asian Freediving Cup.Comparing conditions in Panglao and Taiwan.Donny lived in Taiwan for ten years and started a freediving school there.Huayang was a farmer from the countryside close to Taoyuan, before he came to freediving in 2011.Talking of the beauty of Taiwan's Orchid Island.Shout out to Wayne and Yen at Weirdos Freediving and Wu How at Deep Soul.Huayang took his first freediving course in 2015, possibly one of the first PADI freediving courses.Huayang did his instructor course with JP Francois at Freediving Planet in Moalboal, Philippines.A question from Patreon supporter Tom Way about the freediving scene in Taiwan.Taiwanese diver Haixiang beats Alexey in DNF in competition.About the future of freediving competitions and their taking place in Asia.Huayang's journey to depth and competitions.Shout out to Huayang's coach Theo-Patrick Fourcade.What are the fundamentals of training for freediving for Huayang? How has it changed over time?Does he see any major differences in the training philosophies of Western and Asian freedivers?Comparing different training approaches of different coaches.Different athletes need different approaches.What does it take to dive deeper than 100m?Huayang's experience with lung squeeze and how to avoid it?His experiences with narcosis, how does it feel?The benefits of RV diving for training compressibility.How a week of training looks like for him at the moment.On teaching equalisation to speakers of different languages.DESERT ISLAND QUESTIONS - PATREON EXCLUSIVE CONTENTWhy does he freedive?For all episodes of the Freedive Cafe Podcast, visit www.freedivecafe.comFor freediving courses and training in Dahab, Egypt, visit www.freediveandthrive.comTo support on Patreon: www.patreon.com/freedivecafe
Marty sits down with James Check to discuss the game of chicken being played between the US and China.James on Twitter: https://x.com/_Checkmatey_Checkonchain: https://charts.checkonchain.com/Newsletter: https://newsletter.checkonchain.com/0:00 - Intro0:36 - Tariff bomb6:32 - Recession incoming9:30 - Fold & Coinkite11:08 - Yen/dollar devaluation game of chicken15:33 - Gold and Bitcoin's price floor25:02 - Unchained Event25:27 - Bull case is more likely34:15 - Thesis meeting reality43:51 - Bitcoinization of finance46:59 - Bessent reset54:26 - Closing monologueShoutout to our sponsors:Foldhttps://tftc.io/foldCoinkitehttps://coinkite.comUnchainedhttps://unchained.com/tftc/Join the TFTC Movement:Main YT Channelhttps://www.youtube.com/c/TFTC21/videosClips YT Channelhttps://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQWebsitehttps://tftc.io/Twitterhttps://twitter.com/tftc21Instagramhttps://www.instagram.com/tftc.io/Nostrhttps://primal.net/tftcFollow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martybentNewsletterhttps://tftc.io/martys-bent/Podcasthttps://www.tftc.io/tag/podcasts/
Hosts Pastor Robert Baltodano and Pastor Lloyd Pulley Question Timestamps: Richie, NY (2:51) - Isn't eternal torment inconsistent with God's loving nature? Debbie, NY (8:14) - Why don't pastors who fall to sin feel the guilt I feel when I sin? Were they not filled with the Holy Spirit? Is the Holy Spirit in a person who is sinning? John, NY (13:41) - How can we not be saved by our works, but also our faith without works is dead? Ronnie, FL (18:09) - Was Adam tempted by Satan before Eve was on the scene? Bombay, YouTube (20:18) - Can you still heal someone, or did it stop during Jesus's time? Robin, ID (23:59) - What is the relationship between the parable of the new wineskins and fasting? Colten, YouTube (28:11, continued after break at 33:31) - How do I deal with my guilt and anxiety? Stacey, NY (35:04) - Why did God use different ways to make Adam, Eve, and Jesus? Laura, SC (39:07) - Is it okay to listen to the Hallow app? Vicki, NJ (42:35) - Can Christians be physically attacked by demons? Yen, email (46:12) - What does the Bible say about cousins marrying? Liz, NY (48:56) - What do you know about the Lutheran faith? What is your perspective on it? Carrie, YouTube (51:51) - Is it Biblical to have another Christian come into your home to cast a demon out? Grace, MA (53:38) - I sponsor a school that wants to purchase dream catchers, what should I think of that? Ask Your Question: 888-712-7434 Answers@bbtlive.org
In this episode, we talk about recent market volatility with the NASDAQ dropping 4% in one day, marking its largest single-day decline since 2022. We unpack what's driving this volatility, including uncertainty surrounding tariffs, Trump's ambiguous comments on recession risks, and the unraveling of the Yen carry trade. Big tech companies are feeling the pinch, with Tesla down 46% year-to-date. We also discuss the U.S. government announcement of a Strategic Bitcoin Reserve and what it could mean going forward. We finish by discussing the recent earnings from Costco's and Franco-Nevada. Tickets of stocks/ETFs discussed: FNV.TO, COST Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Finchat.io for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.
Danny Moses interviews macro strategist James Aitken, also known as the 'financial plumber.' The duo reflects on their shared history, including Aitken's tenure at UBS and AIG, where he gained deep insights into the financial system. Aitken discusses his transition to founding Aitken Advisors and the challenges of writing financial analyses from a small island. The conversation covers the current state of the markets, the impact of fiscal policy, and the importance of leveraging relationships with key financial figures like Mark Carney and Scott Bessent. The episode delves into private credit, potential systemic risks, and the evolving landscape under the Trump administration's policies. Aitken provides his perspectives on gold, Bitcoin, and the Yen, as well as the broader implications for the financial markets. -- ABOUT THE SHOW For decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.
Last time we spoke about the first Tientsin Incident. In September 1931, as tensions rose between China and Japan, Commander Zhang Xueliang enjoyed an opera in Beiping, unaware of the impending Mukden Incident. With senior commanders absent, Japanese forces quickly gained local support. Chiang Kai-shek ordered non-resistance, fearing conflict would ruin Northeast China. Meanwhile, Japanese officials plotted to install Puyi as a puppet emperor. Covert riots erupted in Tianjin, orchestrated by the Japanese, leaving the city in chaos as Zhang's forces struggled to maintain order against the well-armed attackers. In a tense standoff at Haiguang Temple, the Japanese military issued an ultimatum to Chinese security forces, citing threats to overseas Chinese. Wang Shuchang ordered a strategic withdrawal, but the Japanese escalated with artillery fire. Despite fierce resistance, the plainclothes attackers regrouped, leading to ongoing skirmishes. Amidst the chaos, Puyi was covertly extracted by Japanese forces, paving the way for the establishment of the puppet state of Manchukuo. Ultimately, Japan's aggression continued, deepening tensions in China. #142 the Jinzhou Operation Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. When the Mukden Incident occurred, Zhang Xueliang was in Beiping serving in his capacity as the commander of the North China garrison. On the night of September 18, he was at the opera enjoying a performance by the famous singer Mei Lanfang. His deputies were also away from Shenyang: Wan Fulin was in Beiping, and Zhang Zuoxiang was attending his father's funeral in Jinzhou. With the absence of the senior provincial commanders during the Incident, the Japanese quickly gained cooperation from the acting commanders. In Shenyang, Yu Zhishan, the commander of the Eastern Borders Garrison, and in Changchun, acting provincial forces commander Xi Xia, both swiftly aligned themselves with the Japanese. Although the Northeastern Army had approximately 130,000 troops in the region compared to a Japanese force of 40,000 to 50,000, Chiang Kai-shek urgently issued a non-resistance order to the Northeastern troops, which Zhang Xueliang confirmed. It was actually his stance prior to September 18th, as there had been other incidents such as the Wanbaoshan Incident whereupon Zhang Xueliang sent a secret telegram to his subordinates starting on July 6, "If we go to war with Japan at this time, we will surely be defeated. If we lose, Japan will demand that we cede territory and pay compensation, and Northeast China will be ruined. We should avoid conflict as soon as possible and deal with it in the name of justice." A month after this Chiang Kai-Shek sent a telegram to Zhang Xueliang on August 16th "No matter how the Japanese army seeks trouble in Northeast China in the future, we should not resist and avoid conflict. My brother, please do not act out of anger and disregard the country and the nation. I hope you will follow my instructions." As the tensions between China and Japan increased on September 6th Zhang Xueliang sent this telegram to his subordinates "It has been found that the Japanese diplomatic situation is becoming increasingly tense. We must deal with everything and strive for stability. No matter how the Japanese try to cause trouble, we must be tolerant and not resist them to avoid causing trouble. I hope you will send a secret telegram to all your subordinates to pay close attention to this matter." Thus the Manchurian commanders were already well versed in what their stance would be. Chiang Kai-shek's hesitation to engage in combat is understandable; he was concerned about factions opposing him in South China, the potential reformation of the alliance between Feng Yuxiang and Yan Xishan in North China, and the threat posed by the CCP in Jiangxi, leaving him unable to confront another adversary. Zhang Xueliang's situation was also not as advantageous as it might seem. Although he commanded nearly 250,000 men, only 100,000 to 130,000 were stationed in the Northeast, with the remainder in Hebei. Both Chiang Kai-Shek and Zhang Xueliang most likely believed the League of Nations or the Wakatsuki government in Tokyo would restrain the occupiers eventually, so they were biding their time. According to Nelson Johnson, the American Minister in China, Counselor Yano of the Japanese Legation in Beiping had informal discussions with Zhang, suggesting that Jinzhou would inevitably succumb to the Japanese and that “the Tokyo Foreign Office would gain prestige and be better able to shape events to China's advantage if the Chinese avoided a clash by withdrawing voluntarily.” It was also implied that some of Zhang's supporters might be reinstated in official roles in the new government in Shenyang. Johnson concluded, “Chang is believed to have been led to his present decision by these inducements, along with the bitter hostility toward him at Nanking and the lack of support from that quarter.” In essence, Zhang was effectively coerced into non-resistance by both sides. Certainly, in December 1931, with no hope for international intervention and the Nanjing government in turmoil following Chiang Kai-shek's temporary resignation, Zhang's options were severely limited. The Kwantung Army received clear instructions not to move beyond the South Manchurian railway zone, which hindered the plans of Lt. Colonel Ishiwara Kanji, the architect of the Manchurian invasion. After securing the region around the South Manchurian railway, Ishiwara focused his attention on Jinzhou. Following the fall of Mukden, Jinzhou became the administrative headquarters and civil government of Zhang Xueliang, making it a focal point for Chinese forces. Jinzhou is the southernmost part of Liaoning province, directly enroute to Shanhaiguan, the critical pass that separates Manchuria from China proper. It was the furthest point Zhang Xueliang could establish an HQ while still holding foot within Manchuria and thus became the defacto “last stand” or “guanwai” outside the Shanhaiguan pass for Zhang Xueliangs Northeastern army. Japanese sources indicate that Zhang Xueliang began covertly instructing local governments in Manchuria to comply with and pay taxes to Jinzhou. He also dispatched spies to Japanese-occupied territories and was conspiring to assassinate Japanese officials and those opposed to Chiang Kai-shek. Obviously Jinzhou had to be seized to control Liaoning and thus all of Manchuria. The Japanese first tried to bully Jinzhou into submission by bombing it. On October 8th, Ishiwara commanded five captured Chinese aircraft from the 10th Independent Air Squadron, flying from Mukden to conduct a raid on Jinzhou, claiming it was merely a reconnaissance mission. They flew over Jinzhou at approximately 1:40 PM and dropped 75 bombs weighing 25 kg each, targeting the barracks of the 28th Division, government buildings, and Zhang Xueliang's residence. Additionally, they took photographs of the Chinese defensive positions. The attack served two main purposes: to intimidate Zhang Xueliang and to send a message to Tokyo HQ. The bombing of Jinzhou caused an uproar in Tokyo and shocked the League of Nations, which had previously been indifferent to the situation. Consequently, Tokyo HQ felt compelled to retroactively approve the Kwantung attacks while simultaneously demanding an end to further actions. Rumors began to circulate that Ishiwara and his associate Itagaki aimed to establish an independent Manchuria as a base for a coup d'état against the Japanese government, intending to initiate a Showa Restoration. On October 18th, War Minister Minami Jiro sent a telegram to the Kwantung Army, ordering them to halt offensives in Manchuria and dispatched Colonel Imamura Hitoshi to ensure Ishiwara and Itagaki ceased their reckless operations. However, when Hitoshi met with the two men at a restaurant in Mukden, they dismissed him. In reality, Ishiwara and Itagaki's plans were in jeopardy, but in early November, they found a pretext for action after Ma Zhanshan's forces damaged the Nenjiang railway bridge. This hostility provided them with justification to invade Heilongjiang alongside their allies, led by General Zhang Haipeng. Following the occupation of the north, a new opportunity arose in the southwest. The "first Tientsin incident" erupted on November 9th, initiated by Colonel Doihara Kenji with assistance from some Anti-Chiang Kai-shek Chinese. A small contingent launched an attack on the peace preservation corps in Tientsin. Doihara devised this plan with the intention of creating chaos to kidnap the former Manchu emperor Puyi, allowing the Kwantung army to later install him as the ruler of a new Manchurian state. Although Doihara sought reinforcements from Tokyo HQ, his request was denied, prompting him to turn to the Kwantung army for support. They agreed to coordinate an attack on Tientsin but insisted that a pretext be established first. To execute this plan, they would need to capture Jinzhou initially. A second Tientsin incident occurred on November 26th, when Chinese soldiers attacked the Japanese barracks in Tientsin at 8:20 PM, marking another false flag operation orchestrated by Doihara. Upon hearing the news, General Honjo Shigeru chose to support the Tientsin army, which they believed was in peril. The 4th Mixed Brigade and the 2nd Infantry Battalion of the 2nd Division, comprising 10,000 troops, advanced toward 13 armored vehicles stationed along the Peiping-Mukden railway. The Kwantung Army also requested assistance from the Korean Army, and Commander Hayashi organized a mixed brigade to cross the border. Of course in order to provide assistance at Tientsin meant heading through the Shanhaiguan pass and this meant going through Jinzhou. Tokyo General HQ was yet again thrown into consternation by the latest aggravation of the Manchurian crisis. Incensed by the Kwantung Army's “lack of sincerity in submitting to the discipline of Tokyo”. The force got within 30km of Jinzhou when War Minister General Jiro Minami ordered them to immediately withdraw to a line east of the Liao river. Ironically what actually made the Kwantung Army comply was not so much Tokyo's authority but rather the refusal or foot dragging of the Korea Army, who sent a message that they were unwilling to attack Jinzhou. The Kwantung army continued on getting into some skirmishes with Chinese defenders around the Taling River and Takushan as Tokyo HQ sent countless furious messages demanding they withdraw from the Jinzhou area and by the 28th they finally did. Facing the real possibility that the Jinzhou operation might devolve into a fiasco without reinforcements, Ishiwara relented, remarking at the time “Tokyo has collapsed before Jinzhou”. There was another factor at play as well. Some have speculated Ishiwara tossed his hand on the field initiative because he was playing for time, expecting the Japanese government to fall and the substitution of a new team at central army HQ, one perhaps more compliant to the aggressive Kwantung Army. While the Japanese forces pulled back into the SMR zone, Prime Minister Wakatsuki Reijiro began negotiations with Chiang Kai-Shek's Nanjing government, through the League of Nations, suggesting the Jinzhou area be declared a neutral area. The Chinese initially refused, and while the Kwantung Army declared they would not attack, they still sent aircraft to circle Jinzhou. The Chinese, British, American, and French governments were willing to withdraw their troops from Jinzhou to Shanhaiguan if the Manchurian incident was resolved and Japan committed to not infringing upon the area. Consequently, Tokyo's headquarters supported this approach and instructed the Kwantung Army to withdraw. Although Zhang Xueliang had assured that his forces would leave Jinzhou by December 7th, this did not occur. As a result, the Japanese began discussions to establish Jinzhou as a neutral zone. The Kwantung army intercepted two Chinese telegrams indicating Zhang Xueliang was strengthening the defenses at Jinzhou and that Nanjing was requesting he not pull his men out. The telegrams were sent to Tokyo HQ who agreed the Chinese were acting in a treacherous manner. The Japanese ambassador then told US Secretary Henry Stimson “it would be very difficult to withhold the army from advancing again.” Stimson replied “ such actions would convince the American public that Japan's excuse for her incursions, namely that she was combating bandit attacks, was a ruse to destroy the last fragment of Chinese authority in Manchuria. It would be extremely difficult to ask China to withdraw her army from her own territory.” Thus began the Jinzhou Crisis. On the same day the Japanese ambassador was meeting Stimson in Washington, the Nationalist minister of finance, T.V Soong sent a telegram to Zhang Xueliang advising “any Japanese attack on Jinzhou should be offered utmost resistance.” Also the American Minister in China, Nelson Johnson publicly expressed the view that Zhang Xueliang would resist at Jinzhou if attacked “if only to reassure the students and public in general, some of whom clamor for military action, despite the attitude of his old generals of the Fengtian clique who desire his resignation to enable them to sell out to the Japanese”. It had become clear to all observers that the Japanese were intent on capturing Jinzhou, whether they were justified to do so or not. Their tactics of intimidation became even bolder as they began dropping air torpedoes on disused sections of railway track on December 10th, disrupting traffic along the Beiping-Shenyang rail route and hinting that the nearby populated areas might be next. Ishiwara's hopes came true on December 13th, whence Prime Minister Wakatsuki resigned on December 11th, having failed to control the Kwantung Army. A new cabinet was formed under Prime Minister Tsuyoshi Inukai, whom resumed negotiations with Nanjing, but then on December 15th, Chiang Kai-Shek resigned as chairman of the Nanjing government, leading Sun Ke to lead a weak interim government. Preoccupied with its own survival, the Nanjing government had no time to deal with the Jinzhou crisis. Meanwhile War Minister Minami and Chief of staff Kanaya who had tried to moderate the Kwantung Army's aggressive initiatives had been replaced by Araki Sadao, a significantly more aggressive leader who happened to be the leading figure of the Kodoha faction. His counterpart was Prince Kan'in. With these new appointments, the atmosphere in Tokyo general HQ had changed dramatically. The new team elected to change the framing of the situation, they were not performing offensives against Chinese forces, but rather “suppressing bandits”. On December 15th, Tokyo HQ telegraphed Mukden instructing the Kwantung Army to “synchronize an assault on Jinzhou with an attack upon bandits”. Tokyo HQ even agreed to send some reinforcements from Korea and Japan. The 20th IJA division, the 38th mixed brigade of the 19th division crossed the border from Korea and the 8th mixed brigade, 10th division came over from Japan. With this the Kwantung army had been bolstered to around 60,450men. On December 17th, the Japanese launched attacks on what they referred to as "soldier bandits" in Fak'u and Ch'angtuhsien, which was actually a precursor to their assault on Jinzhou. The following day, December 18th, Japanese aircraft bombed Daonglio, resulting in the deaths of three Chinese civilians and causing widespread panic in the city. The Japanese actions were all the more effective when concentrated with the absolute paralysis that had gripped China. Sun Ke was too preoccupied with the survival of his own government and had neither the time nor resources to spare for Manchuria. In addition, Stimson's strong words in private to the Japanese ambassador belied the State Department's public attitude toward interference in the conflict. On December 21st Hawkling Yen, the Chinese charge in Washington met with Stanley Hornback, the chief of the department of Far Eastern Affairs. Yen told Hornback that a Japanese attack on Jinzhou was imminent and asked the US to “protest in anticipate of it”. Hornbeck refused, stating the State Department was “already publicly on record with regard to the matter”. No other Western power was ready to advocate any strong measures against the Japanese either. On the 22nd, the Japanese HQ at Shenyang announced they would soon begin an anti-bandit advance west of the Liao River and would remove any who interfered with said operation. They also added that if any Chinese forces at Jinzhou withdrew they would be left unmolested. By December 26th, all preparations for the assault on Jinzhou were finalized. On December 28th, Honjo initiated an "anti-bandit" campaign west of the Liao River. While Honjo publicly claimed they were merely "clearing the country of bandits,”. As the Japanese forces and their collaborationist allies spread across the South Manchurian railway area to eliminate remaining pockets of resistance, the 12th Division, led by Lt. General Jiro Tamon advanced from Mukden toward Jinzhou, supported by numerous bomber squadrons. Japanese intelligence estimated that Zhang Xueliang had 84,000 troops defending the city, along with 58 artillery pieces and two distinct defensive lines. The first line, located 20 miles north of Jinzhou, consisted of trenches designed to impede the Japanese advance at the Taling River Bridge on the Peiping-Mukden Railway. The second line was a series of earthworks and fortifications completely surrounding Jinzhou. The temperature was -30 degrees, and the Imperial Japanese Army troops were dressed in white winter camouflage uniforms. IJA reconnaissance aircraft reported approximately 3,000 Honghuzi were waiting to ambush them in Panshan County. Tamon's forces quickly overcame the alleged Honghuzi in a series of small skirmishes and continued their march toward Goubangzi, 50 km north of Jinzhou. It should be noted, many question whether the Honghuzi were real or simply local Chinese the Japanese coerced into action to justify their advance. By December 31, the Japanese vanguard had reached within 15 km of Jinzhou, along the banks of the Talin River. Tamon paused to allow the rest of the 2nd Division to catch up. Subsequently, Tamon's troops began setting up an intricate system of microphones to broadcast the sounds of the impending battle to Tokyo. This tactic appeared to be an attempt to demoralize the defenders, which proved effective as Zhang Xueliang's forces began to withdraw. On December 30, Zhang Xueliang had issued the order to retreat from Jinzhou. Two days later, the American Minister in China, Nelson Johnson, reported the following scene: “Jinzhou Railway station resembles beehive, every possible car being pressed into service and loaded with troops, animals, baggage, to last inch space.” The last Chinese troop train departed Jingzhou at 11 am on January 1st carrying away the final remnants of Zhang Xueliang's authority in Manchuria. The assault on Jinzhou occurred at a particularly inopportune moment for China. Chiang Kai-shek was temporarily out of office, lacking the full support of the Nanjing government and many generals. It is likely that Chiang Kai-shek understood that Zhang Xueliang's forces in Jinzhou would be significantly outmatched and could be annihilated. His priority was to prevent the situation from escalating into an official war, allowing him to strengthen China's military capabilities for a counteroffensive. Following the fall of Jinzhou, the northern China army retreated south of the Great Wall into Hebei Province. The Japanese then occupied Shanhaiguan, securing complete control over southern Manchuria. Despite the fall of Jinzhou there was still one last holdout in Manchuria. After Ma Zhanshan was driven out of Qiqihar by the Japanese, he led his troops northeast to establish a new HQ in Hailun where he was still technically ruling Heilongjiang province. Ma Zhanshan had gained international recognition as a resistance hero following his ill-fated battle at Qiqihar. The Kwantung Army took note of his fame and adjusted their strategies accordingly. Komai Tokuzo, the head of the Kwantung Board of Control, suggested that bringing Ma Zhanshan into their ranks would provide a significant propaganda advantage. To persuade him to negotiate with the Kwantung Army, they sent a local factory owner, Han Yunje. On December 7th, Colonel Itagaki Seishiro met with Ma Zhanshan in Hailun. Itagaki expressed that the Japanese aimed for two objectives: peace in East Asia and full cooperation between the Chinese and Japanese. He also mentioned that the officers of the Kwantung Army were impressed by Ma's remarkable bravery and were willing to grant him military command over Heilongjiang, provided they reached an agreement. In response, Ma Zhanshan stated that his forces had acted solely in self-defense and that he was bound by the orders of the Nanjing government. Itagaki then suggested Ma Zhanshan might be appointed military commander of the province under the provincial governor in Qiqihar, Zhang Jinghui. To this Ma Zhanshan replied “as Hailun is not very far from Harbin, he could consult with General Zhang Jinghui over the telephone or pay a call on the latter in person, and that a second trip to Hailun by the Japanese representative would not be necessary.” Despite Ma's position, Itagaki felt satisfied with the meeting, believing that Ma Zhanshan might align with them. However, he was constrained by anti-Japanese colleagues like his chief of staff Xie Ke and battalion commander Tang Fengjia. The situation shifted significantly for Ma Zhanshan when Zhang Xueliang withdrew his forces from Jinzhou. On December 7th, Itagaki and Ma met once more, during which Ma expressed his desire to serve as both the military leader and governor of Heilongjiang. Unbeknownst to the Japanese, Ma Zhanshan was secretly in discussions with another resistance leader, General Ding Chao. When Ma Zhanshan initiated his resistance against the Japanese, Ding Chao decided to take similar action in the northern city of Harbin. Harbin serves as the gateway to Northeast China and is the political, economic, and cultural hub of North Manchuria. It functions not only as the center of the Sino-Soviet co-managed Middle East Railway but also as an international marketplace where Chinese and foreigners coexist. The city houses the Special Administrative Region of the Three Eastern Provinces (with Daoli under this region and Daowai belonging to Jilin Province). Following the Mukden Incident, the Japanese army considered attacking Harbin; however, concerns about potential Soviet interference led to the plan being halted by Army Minister Minami Jiro. Harbin had largely remained peaceful, and the Japanese maintained control by appointing the puppet General Xi Qia as the governor of Kirin province. Together with Li Du, Xing Zhangqing, Zhao Yi, and Feng Zhanhai, Ding Chao formed the Kirin self-defense army to thwart the takeover of Harbin and Kirin province. Ma Zhanshan supported Ding Chao, and both generals kept in touch with Zhang Xueliang and Chiang Kai-shek, who could only offer limited support. In November of the same year, the Jilin Provincial Anti-Japanese Government, chaired by Cheng Yun, was established in Bin County. Feng Zhanhai, the head of the guard regiment at the Northeast Frontier Defense Army's deputy commander-in-chief office in Jilin, refused to surrender to the Japanese forces. He rallied over 3,000 members of his regiment to resist the Japanese and rebel forces. They marched from Yongji County in Jilin Province to Shulan County, where they joined forces with the national salvation armies led by Gong Changhai and Yao Bingqian, which were based on green forest armed groups, to create the Jilin Anti-Japanese National Salvation Army, with Feng as the commander. On November 12, the Jilin Provincial Provisional Government was established in Bin County . Feng Zhanhai was appointed as the garrison commander and commander of the 1st Brigade. The units led by Gong and Yao were reorganized into cavalry brigades under Feng's command. This series of anti-Japanese actions significantly boosted the fighting spirit of the people in Jilin and Heilongjiang provinces. To launch an attack on Harbin, the Japanese Kwantung Army first needed to "punish" the anti-Japanese armed forces by force. To eliminate Feng's anti-Japanese forces, the Japanese puppet authorities dispatched Yu Shencheng, the commander of the Jilin "bandit suppression" unit, to lead the puppet army in an offensive aimed at seizing Harbin as a base to control the Jilin and Heilongjiang provinces. Feng Zhanhai's troops strategically abandoned Shulan City to lure the enemy deeper into the area. The puppet army fell into a trap and launched a major assault on Yao Bingqian's brigade stationed in Shuiquliu, which fiercely resisted the attack. On the same day, Gong Changhai's brigade maneuvered around to the rear of the puppet army for a surprise attack, while Yao's brigade counterattacked from the front. The puppet army's Ma Xilin brigade retreated, unable to be halted by the Japanese supervisory team. At this point, Feng Zhanhai led another brigade into the fray, pursuing Ma's brigade. After another seven hours of intense fighting, Shulan was retaken. In this battle, the garrison inflicted nearly 1,000 casualties on Japanese and puppet troops, captured hundreds, and saw many puppet soldiers defect. The battles of Shuiqu and Shulan were thus victorious. On the 16th, Yu Shencheng's puppet forces were defeated by the 25th Brigade of the Northeast Army in Yushu. Due to the precarious situation in Shulan, Feng Zhanhai had no choice but to abandon Shulan City and retreat his troops north of Wuchang. On the 19th, seeking urgently needed funds for his troops, Feng Zhanhai led a battalion from Acheng to Lalinkang, where they were surrounded by a significant number of Japanese and puppet troops. The following day, with the help of reinforcements, they managed to repel the Japanese and puppet forces. However, the troops suffered over 200 casualties and were compelled to leave Lalinkang and return to Acheng. On the 25th, Feng and Li moved their forces to the eastern suburbs of Harbin, with the 22nd, 26th, and 28th Brigades announcing their support in succession.On the morning of the 26th, Feng and Li entered the city from four directions, forcibly disarming five police brigades and seizing more than 3,000 firearms along with a number of heavy weapons. They stationed the 26th and 28th Brigades and one regiment in the Shanghao area, while Feng Zhanhai's four brigades and two detachments were positioned in the Sankeshu and Nangang areas. The 22nd Brigade was assigned to Shuangchengbao, preparing to defend against a Japanese assault. Meanwhile the Japanese were still trying to win over Ma Zhanshan. This prompted our old friend Doihara to ask Xi Qia to advance his new “Jilin Army” to Harbin and then to Hailun. However in their way was the Jilin Self-Defense force of General Ding Chao and General Li Du had deployed his forces between Xi Qia and Harbin. On the 24th, representatives from Li Du and Ding Chao participated in a meeting with Ma Zhanshan's officers, convincing them to attempt to retake Qiqihar and defend Harbin for the resistance. When Xiqia's "New Jilin Army" finally advanced to Shuangcheng on the 25th, Zhang Xueliang instructed Ma Zhanshan and Ding Chao to abandon negotiations and begin fighting on the morning of the 26th. Kenji Doihara ultimately failed to intimidate the Chinese further, as his ally Xicha's troops encountered stiff resistance from Ding Chao's troops. Later that afternoon, Japanese aircraft dropped leaflets over Harbin, openly demanding that the anti-Japanese forces withdraw from the city immediately. The Japanese Consulate in Harbin also issued a notice to various foreign consulates, stating that the Japanese army would enter Harbin at 3:00 PM on the 28th. As the New Jilin army advanced towards Shuangcheng, this signaled to the Chinese resistance fighters that an attack was imminent. Zhang Xueliang instructed Generals Ma Zhanshan and Ding Chao to halt negotiations and prepare to make a stand. By late January, the Kirin Self-Defense Corps had grown to 30,000 members, organized into six brigades. Ding Chao fortified defensive positions between General Xi Qia's advancing troops and Harbin. Xi Qia was caught off guard by the well-organized resistance forces, resulting in heavy losses for his army, which was unable to break through. In desperation, Xi Qia sought assistance from the Kwantung Army, but they needed a justification to intervene. Once again, Colonel Doihara Kenji orchestrated a false flag operation. He incited a riot in Harbin that resulted in the deaths of one Japanese individual and three Koreans. Using the pretext that Japanese citizens were in danger, the 2nd Division under Lt. General Jiro Tamon began its advance toward Harbin from Jinzhou on the 28th. However, severe winter weather delayed their transportation. To complicate matters further, the Soviets denied Japanese trains access to Harbin via their section of the Chinese Eastern Railway, citing a breach of neutrality. The entire Manchurian incident had escalated tensions between the USSR and Japan. When they invaded Heilongjiang, there were genuine concerns about potential Soviet intervention, especially with their presence in Harbin. However, at the last moment, the Soviets agreed to allow transit on January 30th. Back on the 26, 1932, Feng Zhanhai and Li Du, the commander of the Yilan garrison, entered Harbin. Early on the 27th, Yu Shencheng, the commander of the puppet Jilin "bandit suppression," ordered two brigades to attack the Shanghao, Sankeshu, and Nangang areas. Japanese aircraft bombed the Sankeshu and Nangang regions. The two brigades tasked with defending the area fought valiantly, resulting in intense combat. Soon after, Feng Zhanhai and his reserve team joined the fray, launching a political offensive alongside their fierce attacks. The puppet army struggled to hold its ground and retreated to Lalincang. The defending troops in Shanghao fought tenaciously, inflicting heavy casualties on both Japanese and puppet forces, shooting down one plane, and attempting to persuade puppet army commander Tian Desheng to lead a revolt. By evening, the puppet army had been driven back. On the morning of the 28th, the anti-Japanese forces advanced to the Jile Temple and Confucian Temple, capturing advantageous positions near Xinfatun with artillery support. The cavalry brigade flanked the puppet army and launched a vigorous assault, leading to the collapse and retreat of the puppet forces towards Acheng. Gong Changhai led the cavalry in pursuit for 15 kilometers, capturing a significant number of puppet troops. After two days of fierce fighting on the 27th and 28th, the initial invasion of Harbin by Japanese and puppet troops was successfully repelled. Due to the defeat of Yu Shencheng and other puppet forces, the Japanese Kwantung Army launched a direct assault on Harbin on the morning of the28th, under the pretext of "protecting overseas Chinese." They ordered Hasebe, commander of the 3rd Brigade of the Kwantung Army, to lead the 4th Regiment, an artillery battalion, and two tanks on a train from Changchun to Harbin for combat. On the29th, another combat order was issued: the 2nd Division was to assemble in Changchun and then be transported to Harbin by truck. Part of the 4th Mixed Brigade was also moved from Qiqihar to Anda and Zhaodong by truck to support the 2nd Division from the north of Harbin. The 1st, 3rd, 8th, and 9th Squadrons of the Kwantung Army Flying Team were tasked with covering the assembly, advance, and attack of the 2nd Division. Hasebe's 4th Regiment departed from Changchun by train, but due to extensive damage to the railway caused by the Northeast Army, their train was attacked by the Northeast Army at dawn on the 29th as it reached the Laoshaogou area on the south bank of the Songhua River. The Japanese forces quickly shifted to an offensive strategy and, despite ongoing resistance, managed to reach Shitouchengzi Village north of the Sancha River that night. On the night of January 29, Zhao Yi's brigade received word of the Japanese assault on Harbin and immediately prepared for battle. At dawn on January 30, Brigade Commander Zhao Yi led six battalions in a light advance, launching a surprise attack on Shilipu, where they decisively defeated the puppet army's Liu Baolin Brigade, capturing over 700 soldiers and seizing more than 600 weapons. They then returned to Shuangchengbao to prepare for the annihilation of the advancing Japanese forces. Around 8:00 PM, the 3rd Brigade of the Japanese Army, along with the Changgu Detachment and two military vehicles, arrived at Shuangcheng Station, intending to camp there and attack Harbin the following day. Zhao Yi's troops set up an ambush in the area. As the Japanese forces disembarked and assembled to plan their attack on Harbin, the ambushing troops took advantage of their unpreparedness, launching a surprise attack from three sides. They unleashed heavy firepower, forcing the enemy back onto the platform before engaging in close combat with bayonets and grenades. The Japanese were caught off guard and suffered significant casualties. The next day, the Japanese dispatched reinforcements from Changchun, supported by aircraft, artillery, and tanks, to assault Shuangchengbao. Brigade Zhao found himself trapped in the isolated city, suffering over 600 casualties, including the regiment commander, and was ultimately forced to abandon Shuangchengbao and retreat to Harbin. With Shuangcheng captured, Harbin was left vulnerable. The Self-Defense Army stationed the majority of its troops in the southern, southeastern, and southwestern regions of Harbin, including Guxiangyuetun, Bingyuan Street, Old Harbin City, and Lalatun. On the same day, several commanders convened: Li Du, the garrison commander of Yilan and leader of the 24th Brigade; Feng Zhanhai, commander of the Jilin Provincial Security Army; Xing Zhanqing, commander of the 26th Brigade; Zhao Yi, commander of the 22nd Brigade; Ding Chao, acting commander of the Railway Protection Army and leader of the 28th Brigade; and Wang Zhiyou, director of the Jilin Police Department. They agreed to establish the Jilin Provincial Self-Defense Army, appointing Li Du as commander, Feng Zhanhai as deputy commander, and Wang Zhiyou as the commander-in-chief of the front line. They decided to utilize the 22nd, 24th, 26th, and 28th Brigades for the defense of Harbin, while Feng Zhanhai would lead the 1st Brigade and other units in a flanking maneuver against Jilin and Changchun to thwart the Japanese advance. On February 3, 1932, various units of the Japanese 2nd Division arrived in the Weitanggou River area. Under the command of Duomen, the division initiated an assault on the Self-Defense Army's outposts located outside Harbin. The 3rd Infantry Brigade of the 2nd Division, alongside Yu Shencheng, the commander of the pseudo-Jilin "bandit suppression" forces, led an attack with five brigades as the right flank against Chinese defenders in the Qinjiagang, Nangang, and Shanghao regions. Meanwhile, the 15th Infantry Brigade of the Japanese Army formed the left flank, targeting Guxiangtun via Balibao along the Songhua River. Following the conflict, all outposts of the Self-Defense Army were lost, forcing them to retreat to their primary positions. On the morning of February 4th, the Japanese forces launched a full-scale attack, engaging the Self-Defense Army in battle. By afternoon, the Japanese had positioned themselves on both sides of the railway, south of Guxiang Yuetun, Yongfatun, and Yangmajia. The 3rd Brigade was stationed east of the railway, while the 15th Brigade took position to the west. After a preparatory artillery barrage, the Japanese forces commenced their assault. The Jilin Self-Defense Army defended tenaciously, utilizing fortifications and village structures, and concentrated their artillery fire on the advancing enemy, inflicting significant casualties. Despite their efforts, the Japanese attack was initially repelled, prompting them to adopt a defensive stance. By 16:00, the area from Yangmajia to Yongfatun had fallen to the Japanese. The Self-Defense Army continued to resist fiercely, but the Japanese intensified their assaults. The left flank launched a vigorous attack on Guxiangtun. The 28th Brigade of the Self-Defense Army, defending this area, utilized civilian structures and walls for their defense. However, brigade commander Wang Ruihua fled under pressure, leading to a loss of command and forcing the troops to abandon their positions and retreat into the city. Simultaneously, the Japanese right flank aggressively targeted the defense of the 26th Brigade of the Self-Defense Army. Despite the desperate efforts of brigade commander Xing Zhanqing and his troops, they were ultimately compelled to retreat to the river dam at Shiliudao Street due to inferior equipment. Around this time, the western and southern defense lines under Wang Zhiyou's command began to fall one after another. In this critical situation, Commander-in-Chief Li Du personally went to the front lines to organize the troops and establish a third defensive line on the city's edge. They fought until nightfall, successfully halting the Japanese advance. At dawn on February 5th the Self-Defense Army initiated a counteroffensive. The artillery first conducted preparatory fire, targeting the positions of the Japanese 3rd Brigade located east of the railway. Following this, the infantry launched their attack. The Japanese troops on the front lines found themselves in a precarious situation. In response, Jiro Tamon, the commander of the 2nd Division, urgently ordered artillery to intercept the Self-Defense Army's counterattack and deployed the tank and reserve units to assist. Four squadrons from the air force took off from a temporary forward airfield in Shuangcheng, alternating between bombing and strafing to support the ground troops. The battle was intensely fierce, resulting in heavy casualties on both sides. Lacking air support and facing significant threats from Japanese aircraft, the Self-Defense Army retreated to the area east of Harbin by the afternoon of the 5th. The Japanese forces then entered Harbin, leading to its immediate capture. On the 6th, the remaining self-defense forces learned of Harbin's fall and decided to abandon their original plan for a surprise attack against the Japanese army. Instead, they returned to Binxian and Fangzheng. During their retreat, they gathered some stragglers who had fled from Harbin and proceeded to Fangzheng County to regroup with Li Du. General Ding Chao's forces were compelled to retreat northeast along the Sungari River, while Japanese aircraft attacked them from above. After a grueling 17-hour battle, Ding Chao's army ultimately faced defeat. Following this loss, Ma Zhanshan made the decision to defect. On February 16, General Honjo held a conference for the Northeast Political Affairs Committee in Mukden, attended by senior Chinese officials of the new regime, including Zhang Jinghui, Ma Zhanshan, Zang Shiyi, Xi Qia, and others. The conference aimed to assign delegates to roles in the soon-to-be-established “Manchukuo.” On February 14, Ma Zhanshan was appointed governor of Heilongjiang province and received gold worth one million dollars. On February 27th, Ding Chao proposed a ceasefire, marking the official end of Chinese resistance in Manchuria. On March 1st, Puyi would be installed as the ruler of the new state of Manchukuo. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. With the fall of Jinzhou, Zhang Xueliang had effectively been kicked out of Manchuria. With the loss of Harbin, came the loss of any significant resistance to the Japanese invasion of Manchuria. Japan had conquered the northeast and now would enthrone the last Emperor of the Qing Dynasty forming the puppet state of Manchukuo.
Dan Nathan and Guy Adami break down the top market headlines and bring you stock market trade ideas for Thursday, March 6th. Timecodes 0:00 - Yields 8:20 - SPX & Banks 20:40 - NDX & AI Trade 29:50 - CoreWeave + MSFT 34:20 - Dollar, Yen & BTC 40:00 - COST -- Learn more about FactSet: https://www.factset.com/lp/mrkt-call Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall 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
Star Wars Celebration Japan announced their final set of badges and guests in advance of the April convention. We are discussing all the announcements in this week's news. In this fully armed and operational episode of Podcast Stardust, we discuss: The final eight badges released for Star Wars Celebration Japan and an examination of the art, Which badge we would choose if given a choice, The final guest announcements for Star Wars Celebration, What the cost for autographs and photo ops are for Celebration after converting Yen to the US dollar, The feeling that there aren't as many guests for the Celebration as there are for Star Wars Celebration events held in the United States at Europe, and Some speculation on what we might expect at Star Wars Celebration. Thanks for joining us for another episode! Subscribe to Podcast Stardust for all your Star Wars news, reviews, and discussion wherever you get your podcasts. And please leave us a five star review on Apple Podcasts. Find Jay and her cosplay adventures on J.Snips Cosplay on Instagram. Join us for real time discussion on the RetroZap Discord Server here: RetroZap Discord. Follow us on social media: Twitter | Facebook | Instagram | Pinterest | YouTube. T-shirts, hoodies, stickers, masks, and posters are available on TeePublic. Find all episodes on RetroZap.com.
Our Global Head of Macro Strategy joins our Chief U.S. Economist to discuss the Fed's recent rate cut and why persistent inflation is likely to slow the pace of future cuts.----- Transcript -----Matthew Hornbach: Welcome to Thoughts on the Market. I'm Matthew Hornbach, Global Head of Macro Strategy.Michael Gapen: And I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Matthew: Today, we're going to talk about the Federal Open Market Committee meeting and the path for rates from here.It's Thursday, December 19th at 10a.m. in New York.The FOMC meeting concluded yesterday with the Federal Reserve cutting rates by a quarter of a percentage point, marking the third rate cut for the year. This move by the Fed was just as the consensus had anticipated. However, in its meeting yesterday, the Fed indicated that 2025 rate cuts would happen at a slower pace than investors were expecting. So Mike, what are committee members projecting in terms of upcoming rate cuts in 2025 and 2026?Michael: Yeah, Matt, the Fed dialed back its expectations for policy rate easing in both 2025 and 2026. They now only look for two rate cuts of 50 basis points worth of cuts in 2025, which would bring the funds rate to 3.9% and then only another 50 basis points in 2026, bringing the policy rate to 3.4%. So a major dialing back in their expectations of rate cuts over the next two years.Matthew: What are the factors that are driving what now appears to be a slightly less dovish view of the policy rate?Michael: Chair Powell mentioned, I think, two things that were really important. One, he said that many committee members saw recent firmness in inflation as a surprise. And so I think some FOMC members extrapolated that strength in inflation going forward and therefore thought fewer rate cuts were appropriate. But Chair Powell also said other FOMC members incorporated expectations about potential changes in policy, which we inferred to mean changes about tariffs, immigration policy, maybe additional fiscal spending. And so whether they bake that in as explicit assumptions or just saw it as risks to the outlook, I think that these were the two main factors. So either just momentum in inflation or views on policy rate changes, which could lead to greater inflation going forward.Matthew: So Mike, what were your expectations going into this meeting and how did yesterday's outcome change Morgan Stanley's outlook for Federal Reserve policy next year and the year thereafter?Michael: We are a little more comfortable with inflation than the Fed appears to be. So we previously thought the Fed would be cutting rates three times next year and doing all of that in the first half of the year. But we have to listen to what they're thinking and it appears that the bar for rate cuts is higher. In other words, they may need more evidence to reduce policy rates. One month of inflation isn't going to do it, for example. So what we did is we took one rate cut out of the forecast for 2025. We now only look for two rate cuts in 2025, one in March and one in June.As we look into 2026, we do think the effect of higher tariffs and restrictions on immigration policy will slow the economy more, so we continue to look for more rate cuts in 2026 than the Fed is projecting but obviously 2026 is a long way away. So in short, Matt, we dialed back our assumptions for policy rate easing to take into account what the Fed appears to be saying about a higher bar for comfort on inflation before they ease again.So Matt, if I can actually turn it back to you: how, if at all, did yesterday's meeting, and what Chair Powell said, change some of your key forecasts?Matthew: So we came into this meeting advocating for a neutral stance in the bond market. We had seen a market pricing that ended up being more in line with the outcome of the meetings. We didn't expect yields to fall dramatically in the wake of this meeting, and we didn't expect yields to rise dramatically in the wake of this meeting. But what we ended up seeing in the marketplace was higher yields as a result of a policy projection that I think surprised investors somewhat and now the market is pricing an outlook that is somewhat similar to how the Fed is forecasting or projecting their policy rate into the future.In terms of our treasury yield forecasts, we didn't see anything in that meeting that changes the outlook for treasury markets all that much. As you said, Mike, that in 2026, we're expecting much lower policy rates. And that ultimately is going to weigh on treasury yields as we make our way through the course of 2025. When we forecast market rates or prices, we have to think about where we are going to be in the future and how we're going to be thinking about the future from then. And so when we think about where our treasury yield's going to be at the end of 2025, we need to try to invoke the views of investors at the end of 2025, which of course are going to be looking out into 2026.So when we consider the rate policy path that you're projecting at the moment and the factors that are driving that rate policy projection - a slower growth, for example, a bit more moderate inflation - we do think that investors will be looking towards investing in the government bond market as we make our way through next year, because 2026 should be even more supportive of government bond markets than perhaps the economy and Fed policy might be in 2025.So that's how we think about the interest rate marketplace. We continue to project a 10 year treasury yield of just about three and a half percent at the end of 2025 that does seem a ways away from where we are today, with the 10 year treasury yield closer to four and a half percent, but a year is a long time. And that's plenty of time, we think, for yields to move lower gradually as policy does as well. On the foreign exchange side. The dollar we are projecting to soften next year, and this would be in line with our view for lower treasury yields. For the time being, the dollar reacted in a very positive way to the FOMC meeting this week but we think in 2025, you will see some softening in the dollar. And that primarily occurs against the Australian dollar, the Euro, as well as the Yen. We are projecting the dollar/yen exchange rate to end next year just below 140, which is going to be quite a move from current levels, but we do think that a year is plenty of time to see the dollar depreciate and that again links up very nicely with our forecast for lower treasury yields.Mike, with that said, one more question for you, if you would: where do things stand with inflation now? And how does this latest FOMC signal, how does it relate to inflation expectations for the year ahead?Michael: So right now, inflation has been a little bit stronger than we and I think the Fed had anticipated, and that's coming from two sources. One, hurricane-related effects on car prices. So the need to replace a lot of cars has pushed new and used car prices higher. We think that's a temporary story that's likely to reverse in the coming months. The more longer term concern has been around housing related inflation, or what we would call shelter inflation. The good news in that is in November, it took a marked step lower. So I do think it tells us that that component, which has been holding up inflation, will continue to move down. But as we look ahead to your point about inflation expectations, the real concern here is about potential shifts in policy, maybe the implementation of tariffs, the restriction of immigration.We as economists would normally say those should have level effects or one-off effects on inflation. And normally I'd have a high confidence in that statement. But we just came out of a very prolonged period of higher than normal inflation, so I think the concern is repetitive, one-off shocks to inflation, lead inflation expectations to move higher. Now, we don't think that will happen. Our outlook is for rate cuts, but this is the concern. So we think inflation moves lower. But we're certainly watching the behavior of inflation expectations to see if our forecast is misguided.Matthew: Well, great Mike. Thanks so much for taking the time to talk.Mike: Great speaking with you, Matt.Matthew: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.