Posts Tagged ‘interview’

INTERVIEW WITH NIALL FERGUSON: Yes, The US Is Screwed

Exclusive for Business Insider, courtesy of Henry Blodget and Mamta Badkar

Editors Note: This is an interview conducted by Business Insider Editor in Chief Henry Blodget In Davos. Read the full transciption below.


BI: So, Professor Ferguson is the United States still screwed?

NF: Well this is not a technical term in economics that I recognize so let me maybe rephrase the question. Does the United States still have an economic problem? Yes. What is that problem? The problem is that having thrown massive fiscal and monetary stimulus at the economy it is still growing too slowly to bring down the unemployment rate. um what is the answer to that problem? some people say more fiscal stimulus and that indeed is what is being done and more monetary stimulus, and that indeed is what is being done in the form of QE 2. That may well have some short term impact but there is a risk that the fiscal position of the United States tips over from being stimulative to being unsustainable. And the big worry is that at some point this year, could be next year, the level of borrowing the United States engages in pushes inflation expectations or even default expectations to the point that nominal yields really start to spike and then The Fed is in a jam b/c it would then have to do QE3 on a massive scale and quite quickly we could be facing a really major dislocation either in the bond market or currency markets that is the problem. Is the U.S. screwed? No not the way Japan is screwed or even the way the Euro zone is screwed but the U.S. is certainly not out of trouble. 

BI: So isn’t that what people were saying about Japan, in 1993, that they were done and here we are 18 yrs later and interest rates are still zero, they’re still spending, still borrowing and borrowing and they…
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Prechter On Market Rally

Video (Part 1): Prechter On Market Rally

(Note: This interview was originally recorded on September 20, 2010)

In the two videos below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about extreme readings in various indicators that support his bear-market forecast.

 

Video (Part 2): Prechter: Ominous Pattern in the DJIA

Get Up to Speed on Robert Prechter’s Latest Perspective — Download this Special FREE Report Now.


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The Big Interview with David Stockman

The Big Interview with David Stockman

"In some ways Herbert Hoover got a bad rap," says David Stockman in an interview with WSJ’s Alan Murray. The Former Reagan Administration budget director lays out a plan for economic recovery by cutting spending, raising taxes, and allowing for years of austerity. ….WSJ


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Interview: Chaostheorien

Interview: Chaostheorien

Karl Denninger Courtesy of Karl Denninger at The Market Ticker 

Good reading here, if you’re interested in my views "in a nutshell":

Karl Denninger, the publisher of “The Market Ticker”, in an exclusive interview for chaostheorien.de: “In order to honestly assess what’s going on and what has to be done to fix the problems, we first must admit our mistakes.” Furthermore he says why the financial system is more and more a farce, gives his stance on the prospects of a military dictatorship in the United States, and explains his position with regard to Peak Oil.

Have a read….. but grab a beer first. 

 


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Double Dip Est Arrivé: Institutional Risk Analyst

Double Dip Est Arrivé: Institutional Risk Analyst

Courtesy of JESSE’S CAFÉ AMÉRICAIN

Chris Whalen of Institutional Risk Analyst has this interesting interview on CNBC, sent to me by a reader.

I have not watched that television channel in some years, finding their shallowness and hypocrisy too much to bear. Of course my refuge, Bloomberg Television, has lowered its standards so much, with spokesmodels and smirking chimps, that it may have achieved parity. Are Cramer, Kudlow and Kernan still kicking? Remarkable.

This is an interesting exposition of the currency wars, and the pandering to the big financial institutions by the Fed over the past fifteen years, ultimately at the expense of the real economy in the distortions and misallocation of capital which the financial engineers have fostered.

Here is the interview with Jim Rickards to which Chris alludes.

Chris Whalen sounds like me. I wonder if he can cook? 

 


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RARE INTERVIEW WITH JOHN HUSSMAN: WHY HE IS BEARISH RIGHT NOW

RARE INTERVIEW WITH JOHN HUSSMAN: WHY HE IS BEARISH RIGHT NOW

Courtesy of The Pragmatic Capitalist

In a rare interview with Morningstar John Hussman recently elaborated on his recession call and details why he is turning even more cautious than the has been. Hussman says the March 2009 lows are likely to be broken and that stocks are grossly overvalued right now:


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Wall Street Meat – Andy Kessler

Wall Street Meat – Andy Kessler

Courtesy of Howard Lindzon 

One of my favorite interviews so far is this one with Andy Kessler who really knows the dark lessons of Wall Street.

‘It is a royal pain in the ass to manage someone else’s money’

I love his style of investing (trends), writing and his experience and candor is second to none for aspiring hedge fund managers and writers. In the interview he also talks about trend investing and his biggest winner.

Lot’s of lessons here:


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HSBC Chairman: Taxpayers Will Be Saddled With Banker Debts And Rising Unemployment For Years

HSBC Chairman: Taxpayers Will Be Saddled With Banker Debts And Rising Unemployment For Years

Courtesy of Vince Veneziani at The Business Insider

HSBC Stephen GreenHSBC Group Chair Stephen Green recently sat down with German magazine Der Spiegel and talked about the future of the world’s economy, the moral responsibility of bankers, and his Christain faith (he’s an Anglican minister).

It’s one of the more honest accounts we’ve read of the crisis from the perspective of a banking chief.

Among other things, he calls the period leading up to the crash — characterized by huge profits through the sale of overly complex instruments — ‘disgraceful’.

Der Spiegel:

SPIEGEL: Is the crisis already over?

Green: In the financial sector the worst is behind us. But the real economy will feel the effects for a long time to come.

SPIEGEL: In other words, people and governments are now paying the price for the damage the bankers have done.

Green: And they will be paying off these mountains of debt for a few years to come. Unemployment will continue to rise in many countries.

SPIEGEL: Many countries are deeply in debt. Even Dubai can hardly pay its bills anymore. How bad is this situation for the HSBC and other banks?

Green: We have been in Dubai since 1946. In fact, we were the first bank to do business there. The country will retain its status as a regional financial center. Dubai is not Lehman (Brothers, the financial services firm that filed for the largest bankruptcy in US history in September 2008, sparking a financial crisis). The country has far too many assets in the form of natural resources. It has accumulated a lot of debt but it is manageable.

Click to read the rest of the interview ->

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Phil Davis on BNN

Many thanks to the Shocked Investor for kindly turning Phil’s interview on BNN into a youtube video. Phil discusses his thoughts on the market, a few stock picks, worries about Christmas and more. – Ilene

Phil Davis on BNN 

 


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Greenspan’s legacy: more suffering to come

Interview with Timothy D. Naegele

Timothy D. NaegeleBy Ilene at Phil’s Stock World 

Introduction

Timothy D. Naegele is the managing partner of Timothy D. Naegele & Associates. He has an undergraduate degree in economics and practices law in Washington D.C. and Los Angeles with his law firm that specializes in banking law, federal law, financing, Internet law, legislation and litigation. He has an extensive legislative and financial regulatory background, having served as counsel to the U.S. Senate Committee on Banking, Housing, and Urban Affairs, as chief of staff to U.S. Senator Edward W. Brooke, and as special consultant to the Federal Deposit Insurance Corporation and to the States of California and Maine. He has been involved in all phases of the practice of law with respect to financial institutions, including authoring the Anti-Tying Provision of the Bank Holding Company Act Amendments of 1970 and other important pieces of legislation. Mr. Naegele also served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at The Pentagon, where he received the Joint Service Commendation Medal.
 
Today, Mr. Naegele continues practicing law, and finds time to share his thoughts on current events in popular journals. He is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years. See, e.g., naegele.com/whats_new.html#articles.
 
Interview
 
Question: You worked on Capitol Hill for three and a half years—first as an attorney with the U.S. Senate Banking Committee, and then as chief of staff to former Senator Edward W. Brooke of Massachusetts, the first African-American senator since Reconstruction following our Civil War, with Barack Obama being the third[1]. And then you worked as a “K Street” lawyer after that, for a total of 19 years. What was it like?
 
Answer: It was fabulous.  I came to Washington near the end of the Vietnam War because I had an Army commission, and I was assigned to the U.S. Army Element of the Defense Intelligence Agency at the Pentagon for two years, which was a wonderful experience. 
 
Question: What did you learn there?
 
Answer:   That the Pentagon and our military are probably the most efficient and effective organs of American government. People might laugh at that, but it is true.
 
Question: After that, you worked as an attorney with the U.S. Senate Banking Committee?
 


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Zero Hedge

A Defiant Mark Zuckerberg Says "We're Not Gonna Change Our Policies" As Advertisers Will Be "Back Soon"

Courtesy of ZeroHedge View original post here.

As the advertiser boycott of Facebook grows, CEO Mark Zuckerberg advised his employees that he intends to defy the crackdown, and expects companies that pulled advertisements off the social media platform to be back "soon enough."

As The Information reports, Zuckerberg gave his thoughts on the boycott, which now includes large brands like Starbucks and Coca-Cola, during a video town ...



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Phil's Favorites

Which drugs and therapies are proven to work, and which ones don't, for COVID-19?

 

Which drugs and therapies are proven to work, and which ones don't, for COVID-19?

We are slowly figuring out which drugs and therapies are effective against the new coronavirus. Anton Petrus / Getty Images

Courtesy of William Petri, University of Virginia

I am a physician and a scientist at the University of Virginia. I care for patients and conduct research to find better ways to diagnose and treat infectious ...



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Biotech/COVID-19

Which drugs and therapies are proven to work, and which ones don't, for COVID-19?

 

Which drugs and therapies are proven to work, and which ones don't, for COVID-19?

We are slowly figuring out which drugs and therapies are effective against the new coronavirus. Anton Petrus / Getty Images

Courtesy of William Petri, University of Virginia

I am a physician and a scientist at the University of Virginia. I care for patients and conduct research to find better ways to diagnose and treat infectious ...



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ValueWalk

FedEx Corp.: Fundamentals Support the Price Increase

By F.A.S.T. Graphs. Originally published at ValueWalk.

Introduction

After reporting better than 4th quarter results on Tuesday, the stock price of FedEx Corporation (NYSE:FDX) has been on a tear. With this article, I plan to demonstrate that the fundamentals support the current price rise. Moreover, the fundamentals also suggest that it is not too late to take a long-term position in this leading air freight and logistics company.

Q1 2020 hedge fund letters, conferences and more

Yesterday, FedEx reported a surge in quarterly adjusted earnings of $2.53 per share compared to expectations of $1.52 per s...



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Kimble Charting Solutions

Gold / Dollar Ratio Sending Bullish Message To Gold Bugs!

Courtesy of Chris Kimble

It’s been a good year for gold bugs!

Gold has outperformed several asset classes as volatility and general economic uncertainty have come back to the forefront.

In today’s chart, we look at the ratio of Gold to the U.S. Dollar on a “monthly” basis. Gold bulls want to see this ratio trending higher… and it is.

In fact, the rise has taken the Gold ratio to an important juncture. It is working on a dual breakout at point (2).

Thus far, price is well above horizontal resistance marked by (1), and just above trend resistance at (2). Should the breakout hold, it would be historically bullish for Gold (and precious metals). Stay tuned!

This ar...



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The Technical Traders

Long-Term Consumer Discretionary Winners

Courtesy of Technical Traders

I was live on TD Ameritrade TV talking about consumer discretionary, staples, and utility sectors. Explained is a unique crossover on how some discretionary stocks are also becoming a consumer staple.

Get My ETF Trade Signals, Entry, Targets, and Stop Levels – CLICK HERE ...

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Chart School

US Dollar with Ney and Gann Angles

Courtesy of Read the Ticker

Where is price going, is there strength or weakness in the chart?


Previous Post on the US Dollar : Where is the US Dollar trend headed ?


The question is always what will the future price action look like ?


This post will highlight the use of lines generated by angles. Not trend lines, as trend lines require two known points on a chart, where as angles require only one known point and a angle degree to draw a line. The question then becomes how is the angle degree determined.



There are two theories: ...

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Lee's Free Thinking

These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

 

These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

Courtesy of  

The COVID 19 pandemic is, predictably, worsening again in much of the US. Only the Northeast, and to a lesser extent some Midwestern states, have been consistently improving. And that trend could also reverse as those states fully reopen.

The problem in the US seems to be widespread public resistance to recommended practices of social distancing and mask wearing. In countries where these practices have been practi...



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Digital Currencies

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

 

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

App-etising? LDprod

Courtesy of Michael Rogerson, University of Bath and Glenn Parry, University of Surrey

Food supply chains were vulnerable long before the coronavirus pandemic. Recent scandals have ranged from modern slavery ...



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Members' Corner

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

 

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

No matter the details of the plot, conspiracy theories follow common patterns of thought. Ranta Images/iStock/Getty Images Plus

Courtesy of John Cook, George Mason University; Sander van der Linden, University of Cambridge; Stephan Lewandowsky...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.