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Apr 12, 2024
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paul rudd, everybody. we'll be right back with "60 minutes"' cecilia vega. ♪ ♪ i won't let my moderate to severe plaque psoriasis symptoms define me. emerge as you. with tremfya®, most people saw 90% clearer skin at 4 months and the majority stayed clearer, at 5 years. serious allergic reactions may occur. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doctor if you have an infection or symptoms or if you had a vaccine or plan to. emerge as you. emerge tremfyant®. ask you doctor about tremfya®. ( ♪♪ ) at tj maxx, you can afford to turn your closet into a place of endless expression. with the quality, styles, and prices you love. ♪♪ infused with vitamin b3 and hyaluronic acid, captain, ever since you discovered zesty hidden valley ranch, you never stay in character anymore. you know we're not actually pirates, right? of course we be pirates! look at me hook. hidden valley ranch. only serious about flavor. depend keeps you drier than ever, so you
paul rudd, everybody. we'll be right back with "60 minutes"' cecilia vega. ♪ ♪ i won't let my moderate to severe plaque psoriasis symptoms define me. emerge as you. with tremfya®, most people saw 90% clearer skin at 4 months and the majority stayed clearer, at 5 years. serious allergic reactions may occur. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doctor if you have an infection or symptoms or if you had a vaccine or plan to....
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Apr 6, 2024
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♪ ♪ paul: welcome to the "journal editorial report," i'm paul gigot. israel's military in a costly misfire on monday struck and killed seven humanitarian workers delivering aid in gaza. the deadly misstep has complicated an already strained relationship between israel9 and the united states which in recent weeks has grown more critical of the war. but despite idf, the idf calling the error a grave mistake, president biden told prime minister benjamin netanyahu in a phone call thursday that u.s. policy toward gaza might change if israel does not do more to protect innocent civilians. white house national security communications adviser john kirby if on friday doubled down on that message. >> i think he was very clear9 with the prime minister yesterday. if we don't start seeing meaningful changes in the way israel's prosecuting these operations and allowing for humanitarian assistance and working towards the hostage deal and a ceasefire, then we're going to have to make changes in our gaza point. >> and that means. conditioning aid, doesn't it? >> again,
♪ ♪ paul: welcome to the "journal editorial report," i'm paul gigot. israel's military in a costly misfire on monday struck and killed seven humanitarian workers delivering aid in gaza. the deadly misstep has complicated an already strained relationship between israel9 and the united states which in recent weeks has grown more critical of the war. but despite idf, the idf calling the error a grave mistake, president biden told prime minister benjamin netanyahu in a phone call...
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Apr 27, 2024
04/24
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paul: kyle. kyle:i give a miss to the darkening clouds in the us economy, thursday we got gdp report that showed first quarter inflation, economic growth 2024, 1.6%, that's not recession territory but less than half of the previous reading. the fed's favor inflation flavor, 2% year-over-year, that will make jerome powell fight harder to get to 2%. paul: politically backed, interesting to see. >> i'm giving it to new york state and its public officials at the urging of governor kathy hochul, the state included measures to increase the police effort to shut down the shoplifting epidemic in new york, they raised our salty retail worker from misdemeanor to a felony. some of the legislators are putting in measures that will allow property owners to remove squatters who have taken up residence in their homes. i agree in new york it is like turning around the titanic, at least give him credit for making a try. paul: of the district attorney, that is it for this week's show, thanks to my panel and all of
paul: kyle. kyle:i give a miss to the darkening clouds in the us economy, thursday we got gdp report that showed first quarter inflation, economic growth 2024, 1.6%, that's not recession territory but less than half of the previous reading. the fed's favor inflation flavor, 2% year-over-year, that will make jerome powell fight harder to get to 2%. paul: politically backed, interesting to see. >> i'm giving it to new york state and its public officials at the urging of governor kathy...
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Apr 25, 2024
04/24
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paul: thank you. on the subject of alphabet, let's look at what the cfo had to say. >> we are very pleased with our financial reports for the first quarter driven in particular by strength in search and cloud as well as the ongoing efforts to durably reengineer our cost base. paul: beat organ sales and net income and a dividend as well. let's take a closer look at these earnings. julia love joining us from san francisco. a lot for alphabet to be happy about here. tell us about this quarters growth drivers. >> there was a lot of reassuring news this quarter for alphabet. they have been fighting for years to build a viable cloud business and over the past year they finally got in there. they reported a profit for the first time last year and this quarter, artificial intelligence drove gains for them and they are saying it gives them a competitive edge in the fight with microsoft and amazon. they also saw healthy growth in their core search advertising business which is reassuring because the business ha
paul: thank you. on the subject of alphabet, let's look at what the cfo had to say. >> we are very pleased with our financial reports for the first quarter driven in particular by strength in search and cloud as well as the ongoing efforts to durably reengineer our cost base. paul: beat organ sales and net income and a dividend as well. let's take a closer look at these earnings. julia love joining us from san francisco. a lot for alphabet to be happy about here. tell us about this...
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Apr 20, 2024
04/24
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paul: thanks, appreciate it. the biden administration scrambles to calm tensions deadly least, new wave of anti-israel protests erupt at home. our panel on what it could mean for the president's reelection bid next. -ugh. -here, i'll take that. woo hoo! ensure max protein, 30 grams protein, 1 gram sugar, 25 vitamins and minerals. and a new fiber blend with a prebiotic. (♪) i was born with wings, but psoriasis swooped in to clip them. it crushed my confidence. but no longer will psoriasis get a piece of me. i can love my skin again. with bimzelx. only bimzelx targets and blocks il-17a plus f to calm inflammation. i can control my plaques, and start getting myself back. bimzelx helps adults with moderate to severe psoriasis control plaques, to deliver clearer skin fast, for results that last. i will give myself back the freedom of shorts. dare to wear black again from head to toe. (♪) most people got 100% clear skin. some after the first dose. serious side effects, including suicidal thoughts and behavior, infe
paul: thanks, appreciate it. the biden administration scrambles to calm tensions deadly least, new wave of anti-israel protests erupt at home. our panel on what it could mean for the president's reelection bid next. -ugh. -here, i'll take that. woo hoo! ensure max protein, 30 grams protein, 1 gram sugar, 25 vitamins and minerals. and a new fiber blend with a prebiotic. (♪) i was born with wings, but psoriasis swooped in to clip them. it crushed my confidence. but no longer will psoriasis get...
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Apr 11, 2024
04/24
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paul: yeah. it sure is. paul jackson there talking about some of those movements we've seen in the yen today. tensions with china are set to dominate thursday's summit between the japanese-american and philippine leaders. so i want to start with you, what are we expecting to see from this trilateral summit? >> i think the center of it all would be tensions with china. given the continuing tensions between the philippines and chinese ships in the south china sea, where you see some chinese ships deploying water cannons toward philippine boats, there should be some discussion in terms of the three countries, the three leaders agreeing to cooperate in terms of maritime security and fostering freedom of navigation within the south china sea. paul: so i want to talk to you about what japan is looking to get from this meeting. jon: i think that japan is trying to build alliances with southeast nations. one thing that's been a part of the administration is to reach out to places that would be affiliated with the u.
paul: yeah. it sure is. paul jackson there talking about some of those movements we've seen in the yen today. tensions with china are set to dominate thursday's summit between the japanese-american and philippine leaders. so i want to start with you, what are we expecting to see from this trilateral summit? >> i think the center of it all would be tensions with china. given the continuing tensions between the philippines and chinese ships in the south china sea, where you see some chinese...
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Apr 6, 2024
04/24
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paul simon. [cheers and applause] he is the subject of a documentary, "in restless dreams," by the great documentarian alex gibney. going to talk about that and his career and also he will be performing. [cheers and applause] you don't get that every day. you don't get that every day. folks. folks, if you watch the show, you know i spend most of my time right over there, sourcing the day's finest news leather, hand-stitching and dyeing it into the most topical light beige matelasse chevron, then giving it a softly structured shape to which i add an oversized flap closure and an antique gold-toned hardware to present to you the arresting yet tasteful gg marmont mini top handle gucci bag that is my monologue. but sometimes, just sometimes, folks, i am chased into an abandoned abattoir by human-animal hybrids of my own creation and rip the shredded plastic tarp off a window, which i stuff with some acorns and tubers and strap it to my belt with a garbage twist tie and set off into the night with the
paul simon. [cheers and applause] he is the subject of a documentary, "in restless dreams," by the great documentarian alex gibney. going to talk about that and his career and also he will be performing. [cheers and applause] you don't get that every day. you don't get that every day. folks. folks, if you watch the show, you know i spend most of my time right over there, sourcing the day's finest news leather, hand-stitching and dyeing it into the most topical light beige matelasse...
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Apr 24, 2024
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paul: ok. so do you have any particular names for us, or any particular sectors? jung: we like the auto sector. and in korea as well. we like to buy kia, and hyundai motors. the auto sector in general will be good but supported by the weaker currency. we will see cash flow coming in the second and third quarter as well. paul: ok. just want to tease out your thoughts a little more on currencies and central-bank action. i know you believe the chances of fed easing this year are a much on. so that means enduring dollar strength. but if we want to look at another side of the u.s. currency dollar payout, what about the yen? we are seeing levels we have not seen since mid-1990. what is your outlook for the year? jung: just a few months ago, traders were betting whether the yen would break through the 150 level. nowadays 155. so a lot of change in just a few months. i think the boj is preparing to intervene. so that could provide some short-term relief for the strength of the yen, which has already lo
paul: ok. so do you have any particular names for us, or any particular sectors? jung: we like the auto sector. and in korea as well. we like to buy kia, and hyundai motors. the auto sector in general will be good but supported by the weaker currency. we will see cash flow coming in the second and third quarter as well. paul: ok. just want to tease out your thoughts a little more on currencies and central-bank action. i know you believe the chances of fed easing this year are a much on. so that...
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Apr 26, 2024
04/24
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paul: yes, so you see two rate cuts. that is increasingly becoming a bit of an outlier position but i will tell you one position that is not so much of an outlier if we look at europe. the ecb, there seems to be consensus gathering around june of the month of easing. is that your view? what is your outlook for the euro? steve: well, we think they are going to cut in june. we think they will continue to cut through the year and that we will probably see differentials with the u.s. widen. we expect the euro to go down to 103, 104 by the end of the year. that would be where it troughs out. i think ultimately, the u.s. will catch up in terms of cutting but i think the path will be slower and more delayed. through this year, we see more downside risk to the dollar that upside risk. paul: i want to talk about some the closer to home where i am. the aussie dollar has popped above $.65 this week because we had a higher inflation print. the rba -- do you see a bit of aussie dollar strength in the future? steve: look, aussie dolla
paul: yes, so you see two rate cuts. that is increasingly becoming a bit of an outlier position but i will tell you one position that is not so much of an outlier if we look at europe. the ecb, there seems to be consensus gathering around june of the month of easing. is that your view? what is your outlook for the euro? steve: well, we think they are going to cut in june. we think they will continue to cut through the year and that we will probably see differentials with the u.s. widen. we...
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Apr 3, 2024
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i'm haidi here with paul. paul: jay powell reinforcing the fed's wait and see approach. oil extending its rally after opec plus sticks with current supply goods. haidi: taiwan's chipmakers are set to resume work after an earthquake caused maim damage. paul: let's look at howie shaping up for this thursday in the asia pacific we have just opened for trade in australia, in the early going, just higher by a few points at the moment. we'll keep and eye on a few stocks today. rio tinto, after the sovereign wealth fund expressed concern about the deforestation impact of a bauxite mine in brazil. gold topping $2,300 an ounce for the first time. not a lot of movement in yields at the moment. dewid see yields in the u.s. slipping a lit a.f.l. jay powell's q&a following his remarks. we'll get to that in a moment they have aussie $a bit of a bep fishery from rare u.s. dollar weakness, 65.66 at the moment. let's take a look at how we're doing for japan. futures right now a little bit negative territory. not really by much. the yen didn't weak p much as a result of dollar strength. t
i'm haidi here with paul. paul: jay powell reinforcing the fed's wait and see approach. oil extending its rally after opec plus sticks with current supply goods. haidi: taiwan's chipmakers are set to resume work after an earthquake caused maim damage. paul: let's look at howie shaping up for this thursday in the asia pacific we have just opened for trade in australia, in the early going, just higher by a few points at the moment. we'll keep and eye on a few stocks today. rio tinto, after the...
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Apr 24, 2024
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paul: yeah. the aussie got a nice pump earlier as well on the hotter than expected first-quarter cpi print, suggesting that maybe the rba won't be easing anytime soon either. i want to talk to you about the yen as well. the bank of japan blessing -- pledging to prioritize instability in its next meeting. are there any measures that you are anticipating? will they be effective? >> i think definitely the short positioning in the yen is at extreme levels. so any comments by the bank of japan to some line in the sand for the yen around that 155 level is clearly going to create volatility in that context. in the end, the fundamentals for the yen's continue to reflect the differentials on the right side. we think the bank of japan would remain very cautious in the current environment. as a consequence, we do expect that this 155 hard line in the sand definitely will have some resistance to it. as we go through the course of the rest of the year and into next year, we expect the yen to weaken. that bein
paul: yeah. the aussie got a nice pump earlier as well on the hotter than expected first-quarter cpi print, suggesting that maybe the rba won't be easing anytime soon either. i want to talk to you about the yen as well. the bank of japan blessing -- pledging to prioritize instability in its next meeting. are there any measures that you are anticipating? will they be effective? >> i think definitely the short positioning in the yen is at extreme levels. so any comments by the bank of japan...
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Apr 25, 2024
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paul: all right. some aggressive moves coming from the boj. fan cheuk wan, hsbc global private banking and wealth. thank you so much for joining us. that is our bloomberg question of the day as well. will the boj or the fed move rates more in 2024? that is becoming a very live question indeed. still to come, the clock is ticking for tiktok in terms of its fight against the u.s. divest or banned bill. eurasia group we joining us to tell us what this means for digital diplomacy. that conversation coming up later this hour. first we're going to have more on the investor backlash to meadows earnings as it doubles down on its ai ambitions. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh to me, harlem is home. but home is also your body. i asked
paul: all right. some aggressive moves coming from the boj. fan cheuk wan, hsbc global private banking and wealth. thank you so much for joining us. that is our bloomberg question of the day as well. will the boj or the fed move rates more in 2024? that is becoming a very live question indeed. still to come, the clock is ticking for tiktok in terms of its fight against the u.s. divest or banned bill. eurasia group we joining us to tell us what this means for digital diplomacy. that conversation...
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Apr 23, 2024
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paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on weakening the yen. were at 144 .77 and keeping our eyes on tesla suppliers. stocks surging following the call. annabelle: that's right. the company has slumped, but u.s. futures looking toward future gains but the story is focused on earnings. what else we were tracking was optimism and a bullish forecast. some of those are coming from goldman sachs. company that closed at a record high, first record highs since 2021, first quarter earnings came through including a process -- profit beat. apple posting gains which was surprising. china
paul: tesla fast tracking cheaper models. annabelle: apples china sales plunged 19%, putting it third in a key market. paul: what's take a look at trades, risk on day. gold prices eased. gold etf could suffer, new zealand in positive territory. interesting day. numbers out of australia are critically, those numbers are using down from 4.1, big improvement outside the target band. bank of indonesia decision, consensus is a hold. we gave futures saw positive territory. bank of japan will focus on...
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Apr 18, 2024
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paul: hey, bernie sanders thinks so. he recently introduced a senate bill to reduce the standard workweek to 32 hours. >> the sad reality is americans now work more hours than the people of any other wealthy nation. paul: now look, a shorter workweek is hardly a new idea. in 1930, given ever-increasing output per person, increasing productivity that is, economist john maynard keynes foresaw a 15-hour workweek in 100 years. in 1956, vice president richard nixon predicted a four-day workweek in the quote, not too distant future. that future has yet to arrive. but thanks perhaps to covid, companies have begun to shift. >> the pandemic had forced a lot of companies to change how they had worked. and so they were more open to the idea of playing around with work time. paul: as were workers. >> we all realized our own mortality. paul: stanford's nicholas bloom. >> you know, more than a million americans have died. you should enjoy life while you're here. work from home has been such a bonanza. so i've talked to, you know, hund
paul: hey, bernie sanders thinks so. he recently introduced a senate bill to reduce the standard workweek to 32 hours. >> the sad reality is americans now work more hours than the people of any other wealthy nation. paul: now look, a shorter workweek is hardly a new idea. in 1930, given ever-increasing output per person, increasing productivity that is, economist john maynard keynes foresaw a 15-hour workweek in 100 years. in 1956, vice president richard nixon predicted a four-day...
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Apr 7, 2024
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paul: let's talk about the domestic picture. cpi's later, rising oil price, but we have a chart illustrating how important the fixing will be for the low end. what message are policymakers looking to send? >> strong data point in the u.s.. employment data. service ism, that's bad news and we know how it goes. they like to play with the fix, but on the other hand, this is what happened, a weak yuan helps china. it would be a yields to have a weak dollar that could weekend without being noticed against other partners, but the u.s. is not giving them that space, so the yen is strong while the push is not there. i don't think the yuan would ever be strong again or have overcapacity. paul: in terms of overcapacity, we will have trade numbers later on this week. contracting at march. when do you see demand recovering? >> data was good, simply because there was a favorable base effects. now we have unfavorable in march. so we now the u.s. economy is growing fast. 2.8. european economy better than expected, india is growing fast. countr
paul: let's talk about the domestic picture. cpi's later, rising oil price, but we have a chart illustrating how important the fixing will be for the low end. what message are policymakers looking to send? >> strong data point in the u.s.. employment data. service ism, that's bad news and we know how it goes. they like to play with the fix, but on the other hand, this is what happened, a weak yuan helps china. it would be a yields to have a weak dollar that could weekend without being...
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Apr 30, 2024
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>> good morning, paul and heidi . i think the expectation tomorrow is that a hawkish course as the market had already been quite worried about. but i think what the message, their key metrics and key point in the coming meeting is how jay powell could surprise the market, but not shock the market . as with a major task he has is to help the market navigates the revision of the record. in the latest meeting, they projected a rate cut at the end of this year, but now the market has downsized about one, or even nine. so they will not make a decision in this meeting, but they have to prepare for the next meeting and what they will tell the market about what they are thinking about inflation, whether it will keep pushing up or whether it could materially impact their projection for rate cuts. so that this state the market is ready for one rate cut. now it is even getting ready for it}. -- a rates rise. paul: we also have sluggish gdp figures out of the u.s. is stagflation something you are starting to think about and are y
>> good morning, paul and heidi . i think the expectation tomorrow is that a hawkish course as the market had already been quite worried about. but i think what the message, their key metrics and key point in the coming meeting is how jay powell could surprise the market, but not shock the market . as with a major task he has is to help the market navigates the revision of the record. in the latest meeting, they projected a rate cut at the end of this year, but now the market has...
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Apr 13, 2024
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paul: so one sour note in u.s. japanese relations recently has been the u.s. -- biden administrationings opposition to the napan deal a private interaction but the president is coming against that. has that had negative repercussions in japan? >> you know it's clearly a commercial transaction this was not the focus of the prime minister meeting here in the united states this past week. but i've certainly heard from a number of japanese entities about this deal. let's be clear here, it does warrant great scrutiny steele doesn't have a clean record when it comes to trade infringements heres in the united states. i know it is looked at carefully and very difficult in an election year. to get this accomplished the biden administration made it clear given their proximity to the unions that it is a difficult interaction to get across. iit is negotiating with them wht they should be doing and see how it unfoldings. >> senator bill hagerty thanks for that insight appreciate it. when we come back the supreme court may have
paul: so one sour note in u.s. japanese relations recently has been the u.s. -- biden administrationings opposition to the napan deal a private interaction but the president is coming against that. has that had negative repercussions in japan? >> you know it's clearly a commercial transaction this was not the focus of the prime minister meeting here in the united states this past week. but i've certainly heard from a number of japanese entities about this deal. let's be clear here, it...
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paul. >> paul. >> council tax to for double 80% of second homes. so this is more than 150 councils across the uk. andrew impose levy andrew will impose inflated levy in affecting 130,000 in move to affecting 130,000 properties. there's a bit of a theme tonight at the moment this is all about people that have more money than us, are more money than us, that are able afford things, like able to afford things, like people their able to afford things, like people for their able to afford things, like people for and their able to afford things, like people for and second eir able to afford things, like people for and second homes able to afford things, like pe0|stuffr and second homes able to afford things, like pe0|stuff like and second homes able to afford things, like pe0|stuff like this.1d second homes and stuff like this. second homes. yeah. so this would be on their homes and their their second homes and their council would so how council tax would go up. so how many got cox. oh god. many
paul. >> paul. >> council tax to for double 80% of second homes. so this is more than 150 councils across the uk. andrew impose levy andrew will impose inflated levy in affecting 130,000 in move to affecting 130,000 properties. there's a bit of a theme tonight at the moment this is all about people that have more money than us, are more money than us, that are able afford things, like able to afford things, like people their able to afford things, like people for their able to...
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Apr 8, 2024
04/24
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paul: what is at stake for yun? >> this vote on wednesday is largely sort of a vote of confidence in them for the last two years of agenda and policy, he has push through which includes efforts to type -- try to promote stronger ties with allies, the u.s., japan. and also he has been trying to cut it a lot of taxes for property owners, homeowners. going forward for the remaining three years of his term, it is likely he will try to push more of his agenda but if opposition holds the majority of parliament, it will be difficult for him to get legislative cooperation. that means you will have to rely on administrative work to get his policies through and that just means a lot more conflict, tensions within the political circle here. haidi: sam, we talked about economic issues and how voters will sort of be voting in terms of their wallet, their pocketbooks. what are other social issues that are top of mind for voters? sam: certainly the one that comes high up in the mind of voters is the standoff between president yun
paul: what is at stake for yun? >> this vote on wednesday is largely sort of a vote of confidence in them for the last two years of agenda and policy, he has push through which includes efforts to type -- try to promote stronger ties with allies, the u.s., japan. and also he has been trying to cut it a lot of taxes for property owners, homeowners. going forward for the remaining three years of his term, it is likely he will try to push more of his agenda but if opposition holds the...
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Apr 23, 2024
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paul: that's right. we had a pretty decent rally on monday and it looks like that is set to continue today. those big earnings announcements from tesla, among the auto makers as well. a lot of u.s. debts will be auctioned this week also. what are we watching right now? annabelle: that's right. certainly going to be testing traders' appetites. this is the open for japan and south korea, as well as australia coming online. again, posting 1% to the upside for the nikkei 225. it was a story of rebounding from last week's slump. we've seen the nikkei two to five very close to entering a technical correction but it moved off those levels. the japanese in
paul: that's right. we had a pretty decent rally on monday and it looks like that is set to continue today. those big earnings announcements from tesla, among the auto makers as well. a lot of u.s. debts will be auctioned this week also. what are we watching right now? annabelle: that's right. certainly going to be testing traders' appetites. this is the open for japan and south korea, as well as australia coming online. again, posting 1% to the upside for the nikkei 225. it was a story of...
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Apr 4, 2024
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hi, paul. this is a big win for the biden administration, which has been trying to attract many chip companies to come to american soil to build a supply chain of semiconductors. for s.c. hynix, it really underscores its effort to secure its leadership in the h.b.m. market. h.b.m. stands for hype band width memory chips, which has emerged as one of the most promising areas of memory chip market. it really works with anyone tend over with video accelerators so it's becoming a heated industry right now with samsung electronics, a big rival trying to catch up in the industry to become the number one again in the industry. so it really underscores its effort to become -- hynix' effort to become the number one in the u.s. haidi: are we expecting additional investment? >> yes, we think so. the s.k. hynix yesterday told us that it is part of the bigger plan to invest more money in 2022. the s.k. hynix executives told reporters that it plans to invest $15 billion in the u.s. in the advance package indu
hi, paul. this is a big win for the biden administration, which has been trying to attract many chip companies to come to american soil to build a supply chain of semiconductors. for s.c. hynix, it really underscores its effort to secure its leadership in the h.b.m. market. h.b.m. stands for hype band width memory chips, which has emerged as one of the most promising areas of memory chip market. it really works with anyone tend over with video accelerators so it's becoming a heated industry...
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Apr 22, 2024
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paul: a rough week for i.t. stocks last week in japan and korea and the nikkei is down 9% from the peak in march but a chart shows the csi 300 was up last week and now is beating the nikkei. is this the start of a trend where we see profit taking in japan and investment in big chinese names? >> absolutely. i think there has been a volatile shift in the market and in asia we have seen markets move dramatically and china has driven the market and stabilize somewhat but i expect volatility to continue with reset of expectations in the market. in terms of the japanese market we hold a very positive view but the yen has been a strong focus for investors so the way we look at it we need to be focused with selection in japan and we still like japanese properties so we see the domestic japanese property as a promising area to invest in. paul: do you like some of the other names that have that -- that have been on the nose, fossil fuel is doing well perhaps at the expense of sustainable investments. >> it's a great quest
paul: a rough week for i.t. stocks last week in japan and korea and the nikkei is down 9% from the peak in march but a chart shows the csi 300 was up last week and now is beating the nikkei. is this the start of a trend where we see profit taking in japan and investment in big chinese names? >> absolutely. i think there has been a volatile shift in the market and in asia we have seen markets move dramatically and china has driven the market and stabilize somewhat but i expect volatility...
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Apr 21, 2024
04/24
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i'm paul allen. counting down to asia's major market opens. >> the top stories, asian markets set to kick off for a week on corporate earnings and economic data as traders seek insight into the direction of central bank policy. >> tesla slashing prices amid slumping sales and swelling inventory as elon musk puts off his india trip to deal with a company in chaos. >> u.s. builder forced sale or ban of tiktok set to become law after winning bipartisan support in the house of representatives. paul: this is the start of another week. how we are tracking in terms of futures, don't want to start off on a bummer after last week but positive territory for a sx futures, better by about 0.3%, nikkei futures looking flat as well. the aussie dollar, hovering around the 0.6 seven cents level, and if you were looking for bright spots, go doing well. -- gold doing well. a pretty ugly picture elsewhere. annabelle: it is the havens that you are pointing out and no surprise, investors flocking to them with with we see
i'm paul allen. counting down to asia's major market opens. >> the top stories, asian markets set to kick off for a week on corporate earnings and economic data as traders seek insight into the direction of central bank policy. >> tesla slashing prices amid slumping sales and swelling inventory as elon musk puts off his india trip to deal with a company in chaos. >> u.s. builder forced sale or ban of tiktok set to become law after winning bipartisan support in the house of...
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Apr 3, 2024
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paul: a rising tide lifts all boats. we are seeing the opposite when it comes to tesla related stocks area very disappointing deliveries for the first three months. tesla related names there. the company itself was off by almost 7% at one stage. shares were down, settling lower by 4.9%. it dragged ev stocks lower. now it's dry -- dragging tesla suppliers lower as well. 386,810 deliveries. the market was expecting between 400 and 420,000. even that was a reduced estimate. so tesla massively under suiting expectations there. the biggest sales mess ever. our next guest says while he remains bullish on tesla's long-term story, this was a train wreck into a brick wall. let's bring in dan ives, senior equity analyst pigot tell us what you think. what is the strategy for test like -- tesla going forward now? how is this going to pan out? >> look, that's been the problem. it's been an epic disaster. not just in terms of delivery number about the strategy. are you going to cut prices or margins? investors are feeling blindfolded.
paul: a rising tide lifts all boats. we are seeing the opposite when it comes to tesla related stocks area very disappointing deliveries for the first three months. tesla related names there. the company itself was off by almost 7% at one stage. shares were down, settling lower by 4.9%. it dragged ev stocks lower. now it's dry -- dragging tesla suppliers lower as well. 386,810 deliveries. the market was expecting between 400 and 420,000. even that was a reduced estimate. so tesla massively...
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Apr 23, 2024
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paul: that's right. we had a pretty decent rally on monday and it looks like that is set to continue today. those big earnings announcements from tesla, among the auto makers as well. a lot of u.s. debts will be auctioned this week also. what are we watching right now? annabelle: that's right. certainly going to be testing traders' appetites. this is the open for japan and south korea, as well as australia coming online. again, posting 1% to the upside for the nikkei 225. it was a story of rebounding from last week's slump. we've seen the nikkei two to five very close to entering a technical correction but it moved off those levels. the japanese yen in focus, close to that 155 mark. the lookout for any government action to support local currency. given the b oj is expected to stay on hold later this week versus a still hawkish fed, likely to stay week for now. that's the state of play for japan coming online. yesterday we did see that kospi rebound. today a little firmer as well. a full week slump. the f
paul: that's right. we had a pretty decent rally on monday and it looks like that is set to continue today. those big earnings announcements from tesla, among the auto makers as well. a lot of u.s. debts will be auctioned this week also. what are we watching right now? annabelle: that's right. certainly going to be testing traders' appetites. this is the open for japan and south korea, as well as australia coming online. again, posting 1% to the upside for the nikkei 225. it was a story of...
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Apr 2, 2024
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paul: does the market buy this? a slight is in between two waves, just a question of how big is the trough between. a lot of market watchers are doing their breath for something new from tesla, may be the model 2. haidi: the wave of chinese supplies just crushing. we talked about weakness in the chinese market at a time when producers -- the huge discounting we see putting pressure on tesla which has increased its prices in china. march shaping up on the other end of the spectrum as strong for chinese ev makers. a slow start to the year because of seasonal holidays, but byd sales jumping 46%. others listed in the u.s. surged in deliveries between 14% and 39% in march. paul: we will have more commentary on this tesla story. dan ives called this a train wreck. standby for what should be an interesting conversation. haidi: should mention rivian numbers also beating expectations. 20 tony for output target capped at 57,000. good news across the space if you are not tesla. let's look at developments. toyota and hondo, big
paul: does the market buy this? a slight is in between two waves, just a question of how big is the trough between. a lot of market watchers are doing their breath for something new from tesla, may be the model 2. haidi: the wave of chinese supplies just crushing. we talked about weakness in the chinese market at a time when producers -- the huge discounting we see putting pressure on tesla which has increased its prices in china. march shaping up on the other end of the spectrum as strong for...
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Apr 5, 2024
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paul: having been a u.s. assistant trade representative, i am just wondering if you can give me your thoughts on this. if janet yellen does take a necessarily harsh line against china, is there an appreciation on the chinese side that this is just optics? claire: first of all, i think secretary yellen's baseline principles are those of an academic economist. she is going to be, and a sense, the most sympathetic interlocutor from the u.s. side because she will recognize the importance of the macro trends and will not be overly excited about embracing pure political ends. but that having been said, if she is trying -- if he is going to indicate that tariffs could be placed higher on some key goods because of chinese behavior, that is not going to be temporary. and when you look at the bipartisan consensus on the need to be tough with china and then need to not have a repeat of some of these other problems, for example in the aluminum and steel industries with serious difficulties for market economy industries w
paul: having been a u.s. assistant trade representative, i am just wondering if you can give me your thoughts on this. if janet yellen does take a necessarily harsh line against china, is there an appreciation on the chinese side that this is just optics? claire: first of all, i think secretary yellen's baseline principles are those of an academic economist. she is going to be, and a sense, the most sympathetic interlocutor from the u.s. side because she will recognize the importance of the...
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Apr 1, 2024
04/24
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paul: the top stories, the u.s. stocks and bonds lower with strong factory data reinforcing the view a rate cut may not happen this quarter. >> hurting the yen, it's a potential intervention level. paul: we look at the future framework, speaking live with chris kent. >> inflation policy numbers top of mind as we ask are they more or less online with expectations when it comes to the price index at .10%, softening from half a percent we saw in february. the year end number is hotter, 3.1% at a faster clip than the 3% that was the consensus survey and matching the same pace we saw in february as well. energy prices year over year coming at 2.4%, a little lower than 2.5%. more progress towards the 2.4% with the bank of korea but has a way to go and we see the increase in fresh food policies and a the price by the government leading to that slowdown and saw a rise in retail gas prices pulling in the other way. these readings according to bloomberg economics likely to change the b.o.k.'s narrative the final stretch to 2%
paul: the top stories, the u.s. stocks and bonds lower with strong factory data reinforcing the view a rate cut may not happen this quarter. >> hurting the yen, it's a potential intervention level. paul: we look at the future framework, speaking live with chris kent. >> inflation policy numbers top of mind as we ask are they more or less online with expectations when it comes to the price index at .10%, softening from half a percent we saw in february. the year end number is hotter,...
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Apr 2, 2024
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paul, what was their story? - their test to de-escalate. paul, what was their story? mine - their test to de-escalate. paul, j what was their story? mine was their test to de-escalate. paul, - what was their story? mine was about maril n what was their story? mine was about marilyn monroe. _ what was their story? mine was about marilyn monroe, or _ what was their story? mine was about marilyn monroe, or rather _ what was their story? mine was about marilyn monroe, or rather a _ what was their story? mine was about marilyn monroe, or rather a burial- marilyn monroe, or rather a burial crypt close to her final resting place in california. it's sold for $195,000 at auction. who's bought it? a beverly hills tech advanced or anthony david, who said he's always dreamt of being next to marilyn monroe. also nearby is playboy founder hugh hefner who bought the lot next to marilyn monroe. itjust shows in a way that these billionaires, these rich people, even those from silicon valley, i think they realise they simply can't buy same. maybe they're trying to find them in their de
paul, what was their story? - their test to de-escalate. paul, what was their story? mine - their test to de-escalate. paul, j what was their story? mine was their test to de-escalate. paul, - what was their story? mine was about maril n what was their story? mine was about marilyn monroe. _ what was their story? mine was about marilyn monroe, or _ what was their story? mine was about marilyn monroe, or rather _ what was their story? mine was about marilyn monroe, or rather a _ what was their...
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Apr 4, 2024
04/24
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paul: we have breaking news out of the gate from south korea. the current account balance for the month of february coming in strong compared to what we saw in january. 6.85 8 billion. more than double what we had in january which was a sharp decline on what we saw in december. a pretty healthy recovery in the current account balance for south korea. next week we have a bank of korea meeting the current cash rate, 3.5%. inflation still above the 2% target. that will be good movies -- good news for the bok. there were suggestions the economy was struggling should this balance does tend to counter that narrative. just open for trade in australia and unsurprisingly we are seeing selling going on. it is early going but not unexpected we are seeing this. off by a fifth of 1%. nikkei futures looking flat. new zealand losing ground. we did have some hawkish remarks out of the fed. haidi: perhaps confusing in terms of consistent messaging. the minneapolis fed talking about the idea of the possibility of no rate cuts at all this year and we heard from lo
paul: we have breaking news out of the gate from south korea. the current account balance for the month of february coming in strong compared to what we saw in january. 6.85 8 billion. more than double what we had in january which was a sharp decline on what we saw in december. a pretty healthy recovery in the current account balance for south korea. next week we have a bank of korea meeting the current cash rate, 3.5%. inflation still above the 2% target. that will be good movies -- good news...
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Apr 9, 2024
04/24
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paul: yes indeed. that is coming up very soon in the u.s. a new imf report is warning of emerging risks in private credit markets including liquidity and the strength of underlying borrowers. we spoke exclusively with the deputy director about the fund's concerns. >> the concern is one of rapid growth. this is part of a trend that has been going on for decades from public to private markets, and there are certainly benefits, including for borrowers as well as for investors. but there's also vulnerabilities and possible risk. we highlight risky borrowers, smaller firms with more leverage for example. the liquidity mismatch between asset -- this is less of a concern, but there is a growing size going market to retail. leverage is another vulnerability. this is the point in case over a prolonged economic downturn. we just have no idea how the system will operate. >> i will be curious about that layer of leverage, that you are finding how many there are. i am also curious on the surface here, how much of a force is private credit becoming in the
paul: yes indeed. that is coming up very soon in the u.s. a new imf report is warning of emerging risks in private credit markets including liquidity and the strength of underlying borrowers. we spoke exclusively with the deputy director about the fund's concerns. >> the concern is one of rapid growth. this is part of a trend that has been going on for decades from public to private markets, and there are certainly benefits, including for borrowers as well as for investors. but there's...
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Apr 30, 2024
04/24
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paul: all right. masahiro wakasugi there. let's look at how samsung is performing right now along with some of the other big asian trip names as well. the reaction is pretty muted. somewhat of a mixed bag. samsung shares had a peak in april but lost about 10% of its ground since. the earnings call we will be watching very closely. the commentary particularly around the ai story. sk hynix losing some ground, off by .25%. tesla suppliers as well, of course we had the story of elon musk making a flying visit to china. well, that paid off. tesla has approval from government officials to deploy driver assistance in what is the world's now biggest auto market. partnering with baidu on mapping. still questions about how it will handle data security and privacy but we saw tesla shares soaring 15% monday and baidu also closing higher. in australia we have mover for you as well. bhp shares currently gaining by three quarters of 1%. we saw them lose a little bit of ground yesterday off the back of that rejection by anglo american for a
paul: all right. masahiro wakasugi there. let's look at how samsung is performing right now along with some of the other big asian trip names as well. the reaction is pretty muted. somewhat of a mixed bag. samsung shares had a peak in april but lost about 10% of its ground since. the earnings call we will be watching very closely. the commentary particularly around the ai story. sk hynix losing some ground, off by .25%. tesla suppliers as well, of course we had the story of elon musk making a...
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Apr 20, 2024
04/24
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there will be two minutes equally divided for debate on the paul amendment 1828. mr. paul: mr. president. the presiding officer: the senator from kentucky. mr. paul: i call up my amendment 1828. the presiding officer: the clerk will report. the clerk: the senator from kentucky, mr. paul, proposes an amendment, numbered 1828. the presiding officer: the senate will be in order. take your conversations off the floor, please. the senator from kentucky. mr. paul: benjamin franklin warned up that those who would trade liberty for security might wind up with neither. it takes courage to defend the constitution, the fourth amendment, it takes courage to understand that even when people are guilty of crimes, we let them have lawyers. we have open courts. we have an adversarial process. people think, well, gosh, a murderer gets a lawyer. yes, everybody under our system gets a lawyer. at least under the system of the fourth amendment a but as we became fearful of terrorists, we said, well, we can't exist under the constitution. we have to lower the standard of the fourth amendment. so in
there will be two minutes equally divided for debate on the paul amendment 1828. mr. paul: mr. president. the presiding officer: the senator from kentucky. mr. paul: i call up my amendment 1828. the presiding officer: the clerk will report. the clerk: the senator from kentucky, mr. paul, proposes an amendment, numbered 1828. the presiding officer: the senate will be in order. take your conversations off the floor, please. the senator from kentucky. mr. paul: benjamin franklin warned up that...
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Apr 25, 2024
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you're so wrong. >> i can't even go to paul and say like, paul . say like, paul. >> he doesn't believe in exercise . exercise. >> gb news is very own lizzie webb here. i'll have you know , webb here. i'll have you know, look, i mean, who doesn't like, shapely bottom, which sounds like a place in the english countryside. doesn't it? where have you been? on your holidays? shake people, so , i mean, we're shake people, so, i mean, we're covering this story brilliantly. lewis has done a great job. you know what? who is it? who cares? i think that's right, isn't it? it's. of course it's . exercise it's. of course it's. exercise is good for you, lewis. yeah. >> why? no it's not. >> why? no it's not. >> no, exercise is good for you. and also, the exercise that makes your bum look good apparently improves your posture. it goes all the way up to the top of your body and makes you know, changes where your head goes. and it's all good for you. >> you could do that. just by sitting up straight. look at me. i'm sitting up straight and it's helping me. but but you don't have to exercise. exercise. y
you're so wrong. >> i can't even go to paul and say like, paul . say like, paul. >> he doesn't believe in exercise . exercise. >> gb news is very own lizzie webb here. i'll have you know , webb here. i'll have you know, look, i mean, who doesn't like, shapely bottom, which sounds like a place in the english countryside. doesn't it? where have you been? on your holidays? shake people, so , i mean, we're shake people, so, i mean, we're covering this story brilliantly. lewis has...
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Apr 2, 2024
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paul: all right. hartmut issel, head of aipac credit at ubs wealth management, thank you for joining us. let's look at our tracking in the u.s. treasury space. did see yields rising across the curve on the back of the stronger-than-expected data out of the u.s. we are still seeing not a great deal of movement. and a lot of that seems to be prized in. what was priced and was a rethink on what is going to happen next with the fed. rate cut odds for june, they are now below 50%. the expectation around when we will see easing from the fed, that keeps getting pushed on out. a deep dive into china's economy with the china economist who will suggest risks to growth and why they see an uneven recovery across sectors. up next, our interview with christopher kent on the nation's of future framework for monetary policy. this is bloomberg. do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the cha
paul: all right. hartmut issel, head of aipac credit at ubs wealth management, thank you for joining us. let's look at our tracking in the u.s. treasury space. did see yields rising across the curve on the back of the stronger-than-expected data out of the u.s. we are still seeing not a great deal of movement. and a lot of that seems to be prized in. what was priced and was a rethink on what is going to happen next with the fed. rate cut odds for june, they are now below 50%. the expectation...
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let's cross over to paul. how do you do it.7 >> when even when he said it, i thought he hasn't mentioned anything me, thank anything about me, so thank you. >> there's two other intros later which won't later on which you won't enjoy either . ehhen >> i'm looking forward to. >> i'm looking forward to. >> you are. splendid. >> there you are. splendid. well, let's crack and take well, let's crack on and take a look at front pages. we look at monday's front pages. we can start with the daily mail says rain is making a fool of you, keir. there's the guardian , you, keir. there's the guardian, with carers taken to court over heart rending minor errors. the telegraph cameron warns us over kyiv aid bloc. the financial times says biden poised to warn beijing against aggressive tactics in south china sea. the i front page is sign nda to see charges for new build. owners told more on that in a bit. the daily star sausage dodgy and those were your front pages . all those were your front pages. all right, cressida, what's
let's cross over to paul. how do you do it.7 >> when even when he said it, i thought he hasn't mentioned anything me, thank anything about me, so thank you. >> there's two other intros later which won't later on which you won't enjoy either . ehhen >> i'm looking forward to. >> i'm looking forward to. >> you are. splendid. >> there you are. splendid. well, let's crack and take well, let's crack on and take a look at front pages. we look at monday's front...
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Apr 22, 2024
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paul. times voters put paul. so the times voters put police the dark. police in the dark. >> not sure this is much >> i'm not sure this is too much of a surprise the moment, but of a surprise at the moment, but only 37% of voters believe the police are good job, police are doing a good job, survey reveals, as most think they a job than they are doing a worse job than 30 years ago. i often wonder with stories like this, whether that has always been true throughout if throughout history, that if you'd that question in 1920, you'd ask that question in 1920, they would said 1890 was they would have said 1890 was much better, etc, etc. but of course we find ourselves in environment now where, actual crime is being confused with ideology. you know, we've got this, we've got words that are problematic now. we've got people that are being, you know, arrested for being openly jewish. >> if i may just interject and just say, we also have a problem where actual crime is not being taken as actual crime
paul. times voters put paul. so the times voters put police the dark. police in the dark. >> not sure this is much >> i'm not sure this is too much of a surprise the moment, but of a surprise at the moment, but only 37% of voters believe the police are good job, police are doing a good job, survey reveals, as most think they a job than they are doing a worse job than 30 years ago. i often wonder with stories like this, whether that has always been true throughout if throughout...
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Apr 13, 2024
04/24
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and then i could see paul looking for room and when i saw paul looking for room and when i saw paul looking round the room, i said, he must think he has a lot in the tank because he is looking to go forward trying to find the best horse to follow through. and sure enough in the gap opened, he moved off the rail and sent him on after the last, i mean, the horsejust took off, it was extraordinary to be able to do that after four miles in a steeplechase on this ground. absolutely extraordinary. in the end, he won it pretty comfortably, sum up how you felt after it crossed the line. i sum up how you felt after it crossed the line. ., , sum up how you felt after it crossed the line. . , , sum up how you felt after it crossed the line. ., , , ., the line. i was 'ust hoarse from shoutin: the line. i was 'ust hoarse from shouting and — the line. i was 'ust hoarse from shouting and i — the line. i wasjust hoarse from shouting and i never _ the line. i wasjust hoarse from shouting and i never shout. - the line. i wasjust hoarse from| shouting and i never shout. any emotion when any horses win a r
and then i could see paul looking for room and when i saw paul looking for room and when i saw paul looking round the room, i said, he must think he has a lot in the tank because he is looking to go forward trying to find the best horse to follow through. and sure enough in the gap opened, he moved off the rail and sent him on after the last, i mean, the horsejust took off, it was extraordinary to be able to do that after four miles in a steeplechase on this ground. absolutely extraordinary. in...
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Apr 12, 2024
04/24
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paul, do you, jennifer mentioned china. the united states is bankrolling iran because biden has not done everything in the power to drive down the price of oil at the stop the export of iranian oil to china. we have not even sanctioned chinese buyers of iranian oil which the republicans in the house try to do. >> paul: yes, and we also send them piles of cash. we have not made iran feel any real pain here. and i argued with the original blunder is, the original attack -- the united states has a very -- we took a step back and operated through the media and through pronouncements. at the same time, the hamas leadership resides in what is now known -- we have left the operational control in place. where is the case of them? hamas is a designated terrorist group. why are we not treating them the same way we treated isis. indict the leadership until then to -- get them on the -- they have a major american university campus is there. we have a major military base and we have plenty of leverage there. we hadn't used it and it's o
paul, do you, jennifer mentioned china. the united states is bankrolling iran because biden has not done everything in the power to drive down the price of oil at the stop the export of iranian oil to china. we have not even sanctioned chinese buyers of iranian oil which the republicans in the house try to do. >> paul: yes, and we also send them piles of cash. we have not made iran feel any real pain here. and i argued with the original blunder is, the original attack -- the united states...
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Apr 24, 2024
04/24
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paul: in australia, staggered open. pre-much flat in the aussie dollar was showing strength relatively speaking, knocking on the door of $.65 u.s.. were going to get an important cpi prints. cpi and australia is easing, still outside the target band, but encouraging progress. the trend mean is the metric dropping to 3.8%. energy stocks modest -- positive and a recovery in crude prices, brent up at 88.50. let's take a look at how bonds are trading in the u.s.. we saw solid $69 billion sale of two-year notes and treasuries extending gains. two-year above 4.9, backing off high levels. 70 billion of five-year notes and 44 billion said in your notes after. our next guest, global fund manager at blackrock. you remain confident on where equities are headed. this rally might be getting a little tired? russ: good morning. we are constructed on japanese equities. it's worth reminding ourselves that this was a market before the recent high, tends to be under owned and we are seeing a renaissance in the japanese economy. stronger g
paul: in australia, staggered open. pre-much flat in the aussie dollar was showing strength relatively speaking, knocking on the door of $.65 u.s.. were going to get an important cpi prints. cpi and australia is easing, still outside the target band, but encouraging progress. the trend mean is the metric dropping to 3.8%. energy stocks modest -- positive and a recovery in crude prices, brent up at 88.50. let's take a look at how bonds are trading in the u.s.. we saw solid $69 billion sale of...
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Apr 12, 2024
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dave paul is not could have _ we were after. dave paul is not could have used _ we were after. dave paul is not could have used your— we were after. dave paul is not could have used your name - we were after. dave paul is notj could have used your name and we were after. dave paul is not - could have used your name and said alan cook is looking for an independent review of horizon, or for a review into its integrity. what was put was is alan cook is looking for a more robust defence of horizon. are you saying those words didn't come from you? i horizon. are you saying those words didn't come from you?— didn't come from you? i wouldn't have said that. _ didn't come from you? i wouldn't have said that. robust _ didn't come from you? i wouldn't have said that. robust was - didn't come from you? i wouldn't have said that. robust was a - didn't come from you? i wouldn't | have said that. robust was a word didn't come from you? i wouldn't i have said that. robust was a word i used, which i meant thorough and vigorous, but defence wouldn't have been a word i used. but vigorous, bu
dave paul is not could have _ we were after. dave paul is not could have used _ we were after. dave paul is not could have used your— we were after. dave paul is not could have used your name - we were after. dave paul is notj could have used your name and we were after. dave paul is not - could have used your name and said alan cook is looking for an independent review of horizon, or for a review into its integrity. what was put was is alan cook is looking for a more robust defence of...
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Apr 11, 2024
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jake paul joins prime time. plus... >>> i don't talk to fox news. [♪♪] [♪♪] >> jesse: what do washington, reagan have in common? america was at war in a recession and they put the people first. they did not worry about how history would judge them, bush 43 put it this way. >> i will let history take its course. the key for me was that i gave it my all. i served, i did not sell my soul and history will ultimately be the judge. >> jesse: history is best written by historians. now the jewish puerto rican truck driving greek professor razed in a black church claims he he's a historian too. here he is reflecting on his legacy. >> did you spend a lot of time thinking about what your legacy would look like? >> well i hope the legacy is that i kept my word that i said that the reason i was running was to help change the life of ordinary people, reduce the prospect of war because of vietnam. and when i ran i said that i was once asked -- when i was 29 years old. i hope my legacy is that i was on is, straightforwa
jake paul joins prime time. plus... >>> i don't talk to fox news. [♪♪] [♪♪] >> jesse: what do washington, reagan have in common? america was at war in a recession and they put the people first. they did not worry about how history would judge them, bush 43 put it this way. >> i will let history take its course. the key for me was that i gave it my all. i served, i did not sell my soul and history will ultimately be the judge. >> jesse: history is best written...