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companies like black rock are getting into big. so max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember the old peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin because it is absolutely scarce and because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. because all the $900.00 coins per day that are generated through mining will be sucked up by the institutions and will never hit the market. and of course, what does hit the market every single day is new, fresh printed dollars, new fresh printed euros. i believe it was christine legarde over there at the e.c.b. in the past week. she said they will never run out of your us that they could print . so they're printing pri
companies like black rock are getting into big. so max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember the old peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin because it is absolutely scarce and because the demand is approaching infinity, we are...
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and now the biggest fund manager in the world, which is black rock, they manage 7 trillion dollars, black rock c i o's, says big queen will take the place of gold to a large extent. because network effect has forced traditional financier's to change their tune on the digital currency. and this is black rocks, c i o, o of fixed income. he told c.n.n. b.b.c. last friday. his name is rick reader, he said, big queen is here to stay while conceding, that he is not a big bowl. readers said the flagship currency will quote, take the place of gold to a large extent because it is so more functional than passing a bar of gold around. but this is a remarkable statement because we've heard the argument that big coin has goal to point out that it's a prayer to gold. but that has come from the internet from social media, from heterodox thinkers like ourselves. it's not come from a 7 trillion dollar managed fund like blackrock and we're hearing it from other folks like paul tudor jones stands out to melbourne. although there's $100.00 trillion dollars out there looking for home as part of a managed mone
and now the biggest fund manager in the world, which is black rock, they manage 7 trillion dollars, black rock c i o's, says big queen will take the place of gold to a large extent. because network effect has forced traditional financier's to change their tune on the digital currency. and this is black rocks, c i o, o of fixed income. he told c.n.n. b.b.c. last friday. his name is rick reader, he said, big queen is here to stay while conceding, that he is not a big bowl. readers said the...
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companies like black rock are getting into big. so max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember, a deal peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. because all the $900.00 coins per day that are generated through mining will be sucked up by the institutions and will never hit the market. and of course, what does hit the market every single day is new, fresh printed dollars, new fresh printed euros. i believe it was christine legarde over there at the e.c.b. in the past week. she said they will never run out of your us that they could print . so they're printing p
companies like black rock are getting into big. so max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember, a deal peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are...
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Nov 20, 2020
11/20
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we have a bitcoin alert, the cryptocurrency up nearly 15% listen to what black rock chief investmenticer rick reeter said about it earlier on cnbc. >> i think cryptocurrency is here to say and i think it is a durable. you have seen central banks that talked about digital currency. i think digital currency and particularly millennials re-september ift of technology and cryptocurrency is real digital payment systems is real. i think it is here to say. is it a durable mechanism that i think will take the place of gold to a large extent yeah, i do, because it is more functional than passing a bar of gold around. >> wow so black rock is saying bitcoin could replace gold one day b.k., i feel like rick rieder tuned in to "fast money" three years ago he would have heard the same argument from you. >> yes, he would have. it is nice to see somebody like rick able to say that because i'm sure he has done his research on this it really reflects the mindset, the change in mindset that institutional investors have had now versus three years ago so three years ago i talked to institutional slef inv
we have a bitcoin alert, the cryptocurrency up nearly 15% listen to what black rock chief investmenticer rick reeter said about it earlier on cnbc. >> i think cryptocurrency is here to say and i think it is a durable. you have seen central banks that talked about digital currency. i think digital currency and particularly millennials re-september ift of technology and cryptocurrency is real digital payment systems is real. i think it is here to say. is it a durable mechanism that i think...
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Nov 16, 2020
11/20
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while black rock was a bra asset it didn't give the firm strategic advantage and unlike black rock will be able to grow bbva's franchise substantially he did make that case on growth given that, you know, there was maybe questions because black rock's stock rallied almost 50% since they sold out of it. remember we had bill on the show back then. he talked about being opportunistic about m&a. this was obviously the follow-on act. the ammist asks the stock is up and they like the geographic exposure and they got a reasonable price. >> in his defense on the black rock sale it was never a core asset. they had a mainority stake i guess his job isn't to time the market on that sale but to think the bank's strategy. two things the interview was you a awesome. two things that stand out on the deal for me. one on the asset if you want to expand their core banking business the asset is perfect. it increases their scale, the geography is complimentary in terms of expezzure and it is not too big a purchase to cause regulatory issues for for pnc to lose control the pushback is the price. it is a goo
while black rock was a bra asset it didn't give the firm strategic advantage and unlike black rock will be able to grow bbva's franchise substantially he did make that case on growth given that, you know, there was maybe questions because black rock's stock rallied almost 50% since they sold out of it. remember we had bill on the show back then. he talked about being opportunistic about m&a. this was obviously the follow-on act. the ammist asks the stock is up and they like the geographic...
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Nov 16, 2020
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have been unloaded in may. >> while they're giving up massive margins which come with black rockey're still buying into a high-margin business. it opens up texas, alabama, florida, colorado, new mexico and arizona. so this is a really interesting buy for them >> and your thoughts on the performance of regional banks versus larger ones this year >> i think the regionals and the large banks are emblematic of the bear market and key risk areas that was suffered between 2018 and 2020 and are now reversing higher so i think for the market as a whole, this is very bullish, it represents a market now firing on all cylinders the train has definitely left the station on this one, dealing with near term overbought conditions we have a market weight position on the industry and think it can continue to rally with this broad market breakaway speaking in terms of some levels for this etf, there was a gap in the chart created last week at $44 when it moved to the up side i think that's the new floor as far as the up side is concerned, we see runway to $55, which is more or less where the stock
have been unloaded in may. >> while they're giving up massive margins which come with black rockey're still buying into a high-margin business. it opens up texas, alabama, florida, colorado, new mexico and arizona. so this is a really interesting buy for them >> and your thoughts on the performance of regional banks versus larger ones this year >> i think the regionals and the large banks are emblematic of the bear market and key risk areas that was suffered between 2018 and...
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Nov 22, 2020
11/20
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ALJAZ
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says they can't ignore the will they have the water went to mercy hospital would serve the largely black rock population. it gets hit by over. we're now the prices are rising . it's 6 am because as black people, nobody cares. that's part of the problem. making people care about something that simply imbedded in society is racism. it's you let me answer you, i think having to try to be very imposing on hospital, especially as the virus continues to spread across the us. and communities of color are still a risk that is safe, yet they're like humans. we come out house and neck with days in this country, we promote death cows, actual structural violence. why? closing a safety net hospital in an area of the city that desperately needs money and i.q. is accountable. that's the interesting thing about structural racism. you don't have to find an accountable individual. it's about our system called it is the great new field has revealed. the savage inequities in almost every basic quality of life, is teaching you to think about. the pandemic has revealed. while we have the preexisting conditions tha
says they can't ignore the will they have the water went to mercy hospital would serve the largely black rock population. it gets hit by over. we're now the prices are rising . it's 6 am because as black people, nobody cares. that's part of the problem. making people care about something that simply imbedded in society is racism. it's you let me answer you, i think having to try to be very imposing on hospital, especially as the virus continues to spread across the us. and communities of color...
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massive sort of asset management companies like black rock are getting into big quine. so max keiser this week, you tweeted a serious question or did is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember the old peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. because all the $900.00 coins per day that are generated through my.
massive sort of asset management companies like black rock are getting into big quine. so max keiser this week, you tweeted a serious question or did is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. what do you mean by this max kaiser? but remember the old peak oil or peak gold arguments that we're running out of oil are running out of gold. that of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the...
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Nov 19, 2020
11/20
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that was the black rock chairman and ceo larry fink speaking at the bloomberg new economy forum.s me as it is november 19 and we are still talking about the school stimulus deal potentially in the united states. though stimulus checks going out to americans dried up this summer, and you have positive vaccine news. i wonder if that puts pressure on republicans to not have the impetus to get a deal done. a raft ofhink there's changes coming through in the last 48 hours. is the appetite there on the republican side to do anything? credit suisse this morning said equity markets can travel higher because we need to look through what is happening at the moment. rallying by market 12% going into 2020. they say we've got to deemphasize the near-term risk. interesting, we have this push and pull from so many of the calls. some saying sell or by the vaccine. the markets can price and future good news, they can also be derailed by bad news. 250,000 deaths, new york city, the biggest public school system in the united states closing. thanksgiving is next week. similar across europe and the r
that was the black rock chairman and ceo larry fink speaking at the bloomberg new economy forum.s me as it is november 19 and we are still talking about the school stimulus deal potentially in the united states. though stimulus checks going out to americans dried up this summer, and you have positive vaccine news. i wonder if that puts pressure on republicans to not have the impetus to get a deal done. a raft ofhink there's changes coming through in the last 48 hours. is the appetite there on...
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Nov 24, 2020
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tim, what do you say >> i'm banking on cate and buying pnc it overcomes the loss of the black rock assett should trade at a premium and i think they will. >> dan >> i thought that was a great power pitch by cate. i am not a buyer here at 140 and this is consistent with what i was saying about buying at these breakouts. you don't have to buy it at 140. it will likely be back to 130 in the next few weeks by the way, the first concert i ever went to was beach boys at the art garden center. >> i am concerned this has gone too far too fast cate makes an excellent point but it has gone from 105 to 140 in basically less than a month so i think a lot of the new regulatory commission has not been priced in yet >> one last final word or appeal >> i am going to stick with what i am saying. it has gone up a lot, 25% since they reported for the quarter so i am going to stick with pnc as a long-term buy. >> cate, thank you the traders have voted it's your turn vote at our twitter poll >>> up next, shares of ford have accelerated. do they have any gas left? did you know you can go to libertymutual.com
tim, what do you say >> i'm banking on cate and buying pnc it overcomes the loss of the black rock assett should trade at a premium and i think they will. >> dan >> i thought that was a great power pitch by cate. i am not a buyer here at 140 and this is consistent with what i was saying about buying at these breakouts. you don't have to buy it at 140. it will likely be back to 130 in the next few weeks by the way, the first concert i ever went to was beach boys at the art...
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Nov 13, 2020
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responsible investing, $9 trillion under management for those who signed those principles. 3, the black rock ceo's letters to the companies about that. financial textbooks tell us technologies of how to do stuff and they are important, don't just help you solve problems like how to build a great business. i have often asked students how certain they are of that 20 year prediction when doing a catch flows and present value. i can't imagine people do that anymore. i am more optimistic about this and probably you are the author of the one that doesn't do that, talk about shareholder wealth and that is a great idea. i think we will see more of that. there is no going back. i can't see that. >> indeed, jim and frank warner have written a new book on financing. i encourage everybody to take a look at it. i have a question from adjunct professor janice asking would there be less skepticism regarding responsible business practices if they were viewed as part of a menu of corporate governance options for risk management and shareholder value rather than as a new model, citing a study asserting a disc
responsible investing, $9 trillion under management for those who signed those principles. 3, the black rock ceo's letters to the companies about that. financial textbooks tell us technologies of how to do stuff and they are important, don't just help you solve problems like how to build a great business. i have often asked students how certain they are of that 20 year prediction when doing a catch flows and present value. i can't imagine people do that anymore. i am more optimistic about this...
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Nov 8, 2020
11/20
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investing where there's $9 trillion managed by banks that have signed those principles. 3, the black rock ceo letters tell companies about that so it's not that finance textbooks tell us technologies of how to view things are very important. they just don't help you solve problems like how do i build a greatbusiness ? i've often asked students how certain they are of that 20 year prediction when they're doing their cash flows. i can't even imagine that people do that anymore. so tim, i'm more optimistic about this and probably you're the author of the one that do that, talking about shareholder wealth and i think that's a great idea. i think we're going to see more of that. there's no going back to the old shareholder value, i don't see that. >> jim and frank warner, their new book on finance,i encourage everybody to take a look at it . i have a question from one of our professors in the fordham school of law and mister janice is asking would there be less skepticism regarding the science of business practices if they were part of a menu of governance options to support enterprise risk ma
investing where there's $9 trillion managed by banks that have signed those principles. 3, the black rock ceo letters tell companies about that so it's not that finance textbooks tell us technologies of how to view things are very important. they just don't help you solve problems like how do i build a greatbusiness ? i've often asked students how certain they are of that 20 year prediction when they're doing their cash flows. i can't even imagine that people do that anymore. so tim, i'm more...
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Nov 14, 2020
11/20
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three, the black rock ceo's letters to companies about that. so, it's not that -- finance text books tell us the technologies of how to do stuff and they're important. they just don't help you solve problems like, how die build a great business? i've often asked students how certain they are of that 20-year prediction when they're doing their cash flows and present value, and i can't even imagine that people do that anymore. so, jim, i'm more optimistic about this and probably you're the author of the one that doesn't do that, talk but shareholder. we and i think that's a great idea. i think we're going to see more of that. there's no going back. there's no going back to only share shareholders count. just can't see that. >> thanks. indeed, jim and frank werner have written a new become on financing. so, i have a question from one of our adjunct professors in the fordham school of law and professor janice is asking, would there be less skepticism regarding responsible business practices if they were viewed as part of a menu of corporate governa
three, the black rock ceo's letters to companies about that. so, it's not that -- finance text books tell us the technologies of how to do stuff and they're important. they just don't help you solve problems like, how die build a great business? i've often asked students how certain they are of that 20-year prediction when they're doing their cash flows and present value, and i can't even imagine that people do that anymore. so, jim, i'm more optimistic about this and probably you're the author...
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Nov 26, 2020
11/20
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three the black rock ceos letters to the companies about that. finance textbooks tell us that the technologies of how to do stuff in their important, they just don't help you solve problems, how do we build a great business, iften ask students how certain they are of the 20 year predictionhen they're doing their cash flows and present value. i cannot even imagine the people that do that anymore. i am more optimistic about this and probably you're the author of the one that doesn't do that talk about shareholder wealth and i thinkhat's a great idea, i think we will see more of that, there is no going bk. i just can't see that. >> thank you ed, indeed, have written a new book on finance, encourage you to take a look at it. i have a question from one of our professors in the school law, professor janice is asking would there be less skepticism regarding responsible business practices if they were viewed as part of the menu of corporate governance options to support enterprise risk entering risk management in shareholder value rather than as a new mo
three the black rock ceos letters to the companies about that. finance textbooks tell us that the technologies of how to do stuff in their important, they just don't help you solve problems, how do we build a great business, iften ask students how certain they are of the 20 year predictionhen they're doing their cash flows and present value. i cannot even imagine the people that do that anymore. i am more optimistic about this and probably you're the author of the one that doesn't do that talk...
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Nov 30, 2020
11/20
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alternative path for gdp into next year from black rock. green is what actually happened.he decline in gdp then this rebound. this is what black rock thought was going to be the path of gdp back let's say six or seven months ago we have done a lot better. they thought it was going to come back more slowly. finally, this is if we get more severe winter lockdowns. that's going to moderate out this growth. not much back sliding by their math into early next year. then you have a resurgence still beyond what was expected in april. it's happy story people really do think this spring loaded resilience is in the economy. we will see if it pans out look at analyst expectations for corporate earnings this is the percentage of analyst revisions to the upsichltd basically a 20-year high according to citi. more than 80%. it shows you people were behind thinking what corporate profits could be this was january 2018. we had a gut check this the markets. a lot of things look like this going back to that level of excitement we have to see if it is going to filter through to the numbers. e
alternative path for gdp into next year from black rock. green is what actually happened.he decline in gdp then this rebound. this is what black rock thought was going to be the path of gdp back let's say six or seven months ago we have done a lot better. they thought it was going to come back more slowly. finally, this is if we get more severe winter lockdowns. that's going to moderate out this growth. not much back sliding by their math into early next year. then you have a resurgence still...
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Nov 25, 2020
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here's black rock's larry fink who said it could put pressure on buyout industry. >> in many cases i could replace many private equity platforms because they could be another avenue for organizations or subsidiaries of organizations to be spun out so if spacs continue to grow in importance, i do believe it is going to be pressure on some private equity because you're going to see more money moving into these types of organizations. >> the concern of some is the excess of new capital from spacs will chase the same supply of deals driving up valuations. that's not always true not every target would benefit by a reverse merger. just like not every capital structure would benefit from some sort of debt from a leveraged buyout sources that advise on these deals told me competition is fierce and that's causing hasty due diligence and willingness to pay higher valuations. rather than sit on the sideline, traditional private equity is getting into the spac game in a big way. apollo global, tpg raised spacs of their own this year >> apollo did one last night >> upsized upsized spac last night
here's black rock's larry fink who said it could put pressure on buyout industry. >> in many cases i could replace many private equity platforms because they could be another avenue for organizations or subsidiaries of organizations to be spun out so if spacs continue to grow in importance, i do believe it is going to be pressure on some private equity because you're going to see more money moving into these types of organizations. >> the concern of some is the excess of new capital...
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Nov 16, 2020
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guy: the rolling ball of money -- alix: the rolling ball of money with the black rock stake in pnc.t is an interesting session in addition to the moderna news. tack is not selling off. it was weaker earlier. you're not seeing that reaction in the bond market you saw last monday, which begs the question, what is baked into the market? many strategists were saying madera news was baked in so will not see much of reaction. where you are also not seeing it is the fx market. you're getting risk on currencies taking you move, but not europe, which i found interesting. that wraps it up for me and guy on this monday. coming up, hank paulson will be joining balance of power with david westin on bloomberg television and radio. do not miss that conversation. this is bloomberg. ♪ david: from bloomberg's world headquarters in new york to our tv and radio audiences worldwide, i am david westin. welcome to "balance of power," where the world of politics meets the world of business. a check on the markets. up again today. abigail doolittle is here. it feels little bit like last monday every morning
guy: the rolling ball of money -- alix: the rolling ball of money with the black rock stake in pnc.t is an interesting session in addition to the moderna news. tack is not selling off. it was weaker earlier. you're not seeing that reaction in the bond market you saw last monday, which begs the question, what is baked into the market? many strategists were saying madera news was baked in so will not see much of reaction. where you are also not seeing it is the fx market. you're getting risk on...
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Nov 20, 2020
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banks, asset managers, brokers the bank of americas of the world, morgan stanley, black rock, those are the groups to be in >> it's great to get your opinion. >> thanks very much. >> brian belski, thank you very much >> you're going to get 15% more in 2021. a lot has to go right for that to fall into place >> i totally agree, scott. it is an extremely bullish call. he makes some very good points, though one of the questions from my perspective is what area of the finances specifically? at the end ehe did plug in it's combination of a lot of things, asset managers or banks, and so for the. we often times put out too much in financials. what do we mean about that are we talking about banks, asset managers what area of financials are we talking about? they all can move differently. i've been expanding my financial portfolio for a while now. it's gotten a little bit bigger and a little bit bigger. i continue to want to look for other names that i think have plenty of room to the up side. i think this is a bold call, no doubt about it i appreciate also sort of the stepping back and understan
banks, asset managers, brokers the bank of americas of the world, morgan stanley, black rock, those are the groups to be in >> it's great to get your opinion. >> thanks very much. >> brian belski, thank you very much >> you're going to get 15% more in 2021. a lot has to go right for that to fall into place >> i totally agree, scott. it is an extremely bullish call. he makes some very good points, though one of the questions from my perspective is what area of the...
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Nov 3, 2020
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that's flatter than the black rock desert. you could set a land speed record on 44%. so, to quote jim lovell from "apollo 13," isaac newton is in the driver's seat now. we are in the grip of the gravitational forces of democracy, which are pulling us towards the results. it's like our country is a deep space object approaching a black hole. either we're going to get sucked over the event horizon into a well of corruption that not even votes can escape, or we'll use this gravity well to pick up speed and slingshot us into an entirely new direction. maybe that planet where baby yoda lives. he's cute. this is a test of the strength of american voters, but also of the institutions we've built. this president has exposed a lot of weaknesses in our government, but it just needs to hold together for one last run. our democracy is like the millennium falcon. she ain't pretty, but remember when she passed the voting rights act in 12 parsecs?! who could forget the immortal words of lyndon johnson when he signed it? (growling) biden continues to lead in the national polls by 8-1
that's flatter than the black rock desert. you could set a land speed record on 44%. so, to quote jim lovell from "apollo 13," isaac newton is in the driver's seat now. we are in the grip of the gravitational forces of democracy, which are pulling us towards the results. it's like our country is a deep space object approaching a black hole. either we're going to get sucked over the event horizon into a well of corruption that not even votes can escape, or we'll use this gravity well...
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Nov 16, 2020
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bank by assets and comes six months after pnc sold its stake in black rock for $17 million the firstarge bank merger since they bought sun trust in 2018 and since the financial crisis >>> and finally this morning simon property group, the largest mall owner in the u.s., has reached a revised deal to buy rival taubman centers, a day before the two were set to meet in court over simon's attempt to walk away from the deal originally struck in march before the pandemic. now under the agreement, brian, simon will pay $43 per share, a 9% premium on taubman's current stock price, but it's significantly below the $52.50 deal in february they will share one-third at the transaction price leaving them with about a 20% stake you can see simon is up almost 4% and taubman up 8% is what i saw there, brian. >> so the question is this, when is the last time you were inside of a mall? >> i couldn't even answer it certainly not at 5:0 i need another cup of coffee to think that far, brian. how about you? >> i think that's the point. nerpt of us can remember and i think that's why they had to revise tha
bank by assets and comes six months after pnc sold its stake in black rock for $17 million the firstarge bank merger since they bought sun trust in 2018 and since the financial crisis >>> and finally this morning simon property group, the largest mall owner in the u.s., has reached a revised deal to buy rival taubman centers, a day before the two were set to meet in court over simon's attempt to walk away from the deal originally struck in march before the pandemic. now under the...
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Nov 5, 2020
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jonathan: rick rieder of black rock was on our network yesterday talking about exactly that.rket can only deal with one thing at any given time. we are dealing with what is in front of us come accounting. the counting continues for the election. after that, you've got to talk about what is happening elsewhere. covid-19, the shape of the cycle, the trajectory of the recovery going into 2021. tom: greatbatch down today, i think for three months. the stunning news out of the u.k. on a march continuance. i would notice, published moments ago at deutsche bank, it is scary. .t channels ferro . that is what is going on. they are talking about the growth outperformance of the pacific rim. long australia come along e.m., and there is a growthiness here that folds into election 2020. jonathan: it comes right out of china as well. the recovery has been much better there. some people assume it is more secure. i believe mike schumacher is back with us. he joins us from wells fargo. as we move past the election come of the other issues on the horizon, your thoughts on them. i believe we ha
jonathan: rick rieder of black rock was on our network yesterday talking about exactly that.rket can only deal with one thing at any given time. we are dealing with what is in front of us come accounting. the counting continues for the election. after that, you've got to talk about what is happening elsewhere. covid-19, the shape of the cycle, the trajectory of the recovery going into 2021. tom: greatbatch down today, i think for three months. the stunning news out of the u.k. on a march...
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Nov 12, 2020
11/20
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value trade but our next guest says there's still value in growth if you know where to look the black rock allocation fund is five-star rated by morning star explain what you mean by where you would find value versus growth >> thanks, kelly when people talk about this trade, they lump value and si sickcyclicals together they score high on value metrics, but the reality is there are a lot of cyclical companies that are high quality but are not deep value whether you're looking at the rails, manufacturing, specialty chemicals, even some of. tech space like semiconductors that we think look very good right now. the earnings are improving they'll benefit from an improving economy and you're not really bottom fishing in some of the more challenged parts of the market we like the cyclical trade but with a quality bias. >> fair enough listen, i take your point. we're lumping a lot of things together here but we're really kind of talking about this pivot from pandemic plays to reopening ones which side of that would you fall on? it a tri it's a tricky one. just as everyone is getting excited about
value trade but our next guest says there's still value in growth if you know where to look the black rock allocation fund is five-star rated by morning star explain what you mean by where you would find value versus growth >> thanks, kelly when people talk about this trade, they lump value and si sickcyclicals together they score high on value metrics, but the reality is there are a lot of cyclical companies that are high quality but are not deep value whether you're looking at the...
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Nov 10, 2020
11/20
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CNNW
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the big asset manager, black rock, which manages $7 trillion, it told its investors not to worry. it will slow down the process. it will not derail a joe biden presidency. quite entesiinteresting to thin. donald trump said he's the man of wall street. now a shift the other way to a democratic leader. >> he didn't think it was going to react well, but it's looking good right now. john defterios joining us live. appreciate it. >>> pfizer's vaccine prospects came as welcome news to millions in europe who were under strict new lock down measures to try and battle a surging second wave. british prime minister boris johnson was cautious in his reaction warning the public not to become complacent. >> irrespective of whether there is a vaccine on the way or not, we must continue to do everything possible right now to bring it down. that's why we hope and believe that mass testing will help. neither mass testing nor progress on vaccines, both vital arrows in our epidemiological quiver. they're both key parts of our fight against covid. at the present time, they are no substitute for the na
the big asset manager, black rock, which manages $7 trillion, it told its investors not to worry. it will slow down the process. it will not derail a joe biden presidency. quite entesiinteresting to thin. donald trump said he's the man of wall street. now a shift the other way to a democratic leader. >> he didn't think it was going to react well, but it's looking good right now. john defterios joining us live. appreciate it. >>> pfizer's vaccine prospects came as welcome news to...
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Nov 17, 2020
11/20
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CNBC
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we also have exposure to companies in capital markets like black rock or something like visa. so these are not necessarily in the same boat. and so we do this with all of the sectors. we're very much bottom up, very selective, looking at the companies and not necessarily the sector theme, although that plays into it to some degree we're not ignoring what's going on in the world. but, you know, i wouldn't say -- we're not going to whole sale move out of tech and into value, we're going to maintain exposure to tech as well because it's a huge part of the market. and it's got a huge secular tail wind and you don't want to miss out on that but you can be very selective about the company that you invest in within that sector i know stephanie on the show loves broadcoms. so do we for a lot of the same reasons. our philosophy is that we will maintain exposure and diverse if iification -- diversification internationally as well. >> i hear you on your sort of bar bell approach, if you will, especially since you called out steph and she likes to talk about that, too. we can talk about t
we also have exposure to companies in capital markets like black rock or something like visa. so these are not necessarily in the same boat. and so we do this with all of the sectors. we're very much bottom up, very selective, looking at the companies and not necessarily the sector theme, although that plays into it to some degree we're not ignoring what's going on in the world. but, you know, i wouldn't say -- we're not going to whole sale move out of tech and into value, we're going to...
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charlie gasparino has new information on what the black rock ceo and potential treasury secretary contenders saying right now about the election which is still very much in a state of flux. charlie breaks it, with 26 minutes to go before the closing bell rings. we'll be right back. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. quadrupled their money by 2012 and even now many experts predict the next gold rush is just beginning. so call us money reserve the only precious metals organization led by a former director of the united states mint as one of the largest us gold coin distributors in the country. us money reserve has proudly served hundreds of thousands of clients worldwide. there may have never been a better time to start diversifying your assets with physical gold and silver. and right now it's easy to get started. pick up the phone right now, call to receive the complete guide to protecting your hard earned assets.
charlie gasparino has new information on what the black rock ceo and potential treasury secretary contenders saying right now about the election which is still very much in a state of flux. charlie breaks it, with 26 minutes to go before the closing bell rings. we'll be right back. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity....
SFGTV: San Francisco Government Television
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Nov 15, 2020
11/20
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SFGTV
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you saw earlier black rock's analysis which would mirror our ours. need to be very mindful of the liquidity challenges in allment mixes that we talked about here, and when we now look at the six, seven, eight, and nine that bill talked about have a characteristic along this bottom line of improving liquidity. if i go from here, we then use the underlying return distributions of each mix. so each of these mixes, you can think of as a distribution of returns, which we summarized simply by expected return and volatility. we minimized the impact on each mix by selected status and funded rates using deterministic and stochastic results. i'm not going to repeat what i sad last time, but mix four, as bill mentioned, 5% to gtaa and 5% to leverage, produced higher funded status and lower contributions than the current portfolio, and mix five, which was slightly more extreme and went up to 10% in leverage, also became attractive out of that analysis. the feedback from the board was a little bit of discomfort doing both leverage and gtaa, but potentially comfor
you saw earlier black rock's analysis which would mirror our ours. need to be very mindful of the liquidity challenges in allment mixes that we talked about here, and when we now look at the six, seven, eight, and nine that bill talked about have a characteristic along this bottom line of improving liquidity. if i go from here, we then use the underlying return distributions of each mix. so each of these mixes, you can think of as a distribution of returns, which we summarized simply by...
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Nov 19, 2020
11/20
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BLOOMBERG
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we will have more from the event throughout this hour including a conversation with black rocks ceo inminutes. ceo in about 10 minutes. here sophie kamaruddin in hong kong. stocks arean retreating from the record highs it hit on wednesday. outside pressure for the nikkei 225 in the topix while the yen is holding below 104. 121ees a move towards 10 -- for the currency. checking in on the mood in south korea, the government is to share details on its plan for vaccine supplies, the cult of provide gives this for 30 million citizens. the cost of losing point 3%. the korean won under some pressure as authorities flag they will take measures to stem volatility. we are watching health care stocks in seoul which may fall on pfizer seeking to apply fda approval for its covert shop. much economic the mood and wellington. -- let's check in on the mood in wellington. the asx 200 snapping a three-day gain. oil, gold, copper slip early in the asia session. there is they start of a structural bull market. s&p e-minis pretty much flat. the hong kong dollar relatively unchanged. we are seeing some stre
we will have more from the event throughout this hour including a conversation with black rocks ceo inminutes. ceo in about 10 minutes. here sophie kamaruddin in hong kong. stocks arean retreating from the record highs it hit on wednesday. outside pressure for the nikkei 225 in the topix while the yen is holding below 104. 121ees a move towards 10 -- for the currency. checking in on the mood in south korea, the government is to share details on its plan for vaccine supplies, the cult of provide...
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Nov 24, 2020
11/20
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CNBC
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overall market cap in terms of -- and he's selling other assets as well but i don't think the sale of black rock't go very well anymore i don't think prime office space in midtown is quite what it once was. >> not right now disney is giving the cover for a lot of entertainment i saw someone on twitter question the hulu. they could monetize. >> what do you mean? i'm saying disney has a lot of things to sell if they want to. >> i like that stock very, very push. >> you do? >> oh, yeah. >> i think we have to go to rick. >> okay. >> carl? >> let's get to him. ten-year, 87 basis points. to rick santelli hey, rick. >> hi, carl. we're watching the markets creep up in yield, down in price if you remember, 82.5 was the close we had friday. we have crept up and that close at 82.5 was a two-week low close, so we are building and that's very important. we all know that treasury secretary mnuchin basically taking the back stop money for the c.a.r.e.s. programs away from the fed, the wall street journal today called it courageous that fits with my line of thinking many in the marketplace didn't like it. one t
overall market cap in terms of -- and he's selling other assets as well but i don't think the sale of black rock't go very well anymore i don't think prime office space in midtown is quite what it once was. >> not right now disney is giving the cover for a lot of entertainment i saw someone on twitter question the hulu. they could monetize. >> what do you mean? i'm saying disney has a lot of things to sell if they want to. >> i like that stock very, very push. >> you do?...
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Nov 13, 2020
11/20
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CNBC
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more on that, we're joined by jim kenan, chief investment officer and global cohead of credit at black rockstart, jim, with what we're looking for in the next month, two months do you think the market is more concerned about additional stimulus, would that be a data point to watch or do you think it just looks fairly sanguine about the prospects for gridlock or divided government? i think that may have more to do with how well it's been behaving than anything. what do you think? >> yeah, i think if you just state back two weeks ago, we were at a period of time, you had a lot of uncertainty around the election, a lot of uncertainty around the virus and how it's peaking right now, and where we are in the year is generally risk also positioning. people have taken off risk going into those events. obviously after the election, and after the vaccine news earlier this week, you've seen obviously a lot of liquidity come back into the market and huge flows into equities a lot of risk put back in the market a lot of optimism coming back, and in the next couple of months, when you think about the div
more on that, we're joined by jim kenan, chief investment officer and global cohead of credit at black rockstart, jim, with what we're looking for in the next month, two months do you think the market is more concerned about additional stimulus, would that be a data point to watch or do you think it just looks fairly sanguine about the prospects for gridlock or divided government? i think that may have more to do with how well it's been behaving than anything. what do you think? >> yeah,...
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Nov 24, 2020
11/20
by
CNBC
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eye 146
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and when we come back, black rock making an acquisition in an attempt to try to build better portfolios for wealthy individuals. we'll explain. and first, let's get a look at the biggest stock movers a lot of stocks on the move today. ♪ you can go your own way it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest phones or bring your own device and choose the amount of data that's right for you to save even more. and you'll get 5g at no extra cost. all on the most reliable network. so choose a data option that's right for you. get 5g included and save up to $400 dollars a year on the network rated #1 in customer satisfaction. it's your wireless. your rules. only with xfinity mobile. >>> quowelcome back let's take you through some of the big headlines. a group of states reportedly will be filing a second antitrust lawsuit against google the justice department filing that lawsuit against alphabet's google back in october the tech giant has broadly denied wrongdoing in response. but an interesting case none the less a
and when we come back, black rock making an acquisition in an attempt to try to build better portfolios for wealthy individuals. we'll explain. and first, let's get a look at the biggest stock movers a lot of stocks on the move today. ♪ you can go your own way it's time you make the rules. so join the 2 million people who have switched to xfinity mobile. you can choose from the latest phones or bring your own device and choose the amount of data that's right for you to save even more. and...
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Nov 24, 2020
11/20
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MSNBCW
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of companies like mastercard, visa, metlife, the carlyle group, "conde nast," goldman sachs and black rocks's supporters blackstone, steven schwartzman said in a statement to nbc news, the outcome is very certain today and the country should move on. so this morning we are three weeks past election day now. donald trump and his small team now of lawyers, that gets smaller by the day, throwing out the garbage, throwing out the sewage, trying to cast doubt on the election. but yesterday felt like a moving day where you saw republicans, business leaders, and in a more official capacity the gsa say it is time to move on. >> right. even fox new primetime hosts saying it's time to move on. i thought yesterday there were a few things that happened, obviously. the certification of the vote in michigan. also, earlier in the day seeing the statement from steven schwartzman, one of the president's biggest supporters. we have always said it here, follow the money. schwartzman, i am not claiming schwartzman has any connection with trump financially, but if you want to know who donald trump respects, it'
of companies like mastercard, visa, metlife, the carlyle group, "conde nast," goldman sachs and black rocks's supporters blackstone, steven schwartzman said in a statement to nbc news, the outcome is very certain today and the country should move on. so this morning we are three weeks past election day now. donald trump and his small team now of lawyers, that gets smaller by the day, throwing out the garbage, throwing out the sewage, trying to cast doubt on the election. but yesterday...
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Nov 26, 2020
11/20
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ALJAZ
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police brutality in france, where officers are accused of attacking and racially abusing a black music producer rock bora is the clear winner of sunday's elections in booking a fossil, but the opposition continues to question the legitimacy of the vote. and in sport, pakistan's, cricket team is placed in isolation. after some players break. quarantine the a hundreds of people have been given life sentences for attempting to topple turkey's government 4 years ago. and the finding moment in the rule of president threats of type at bar. it's one of the biggest cases related to the failed coup with 475 suspects on trial. while than 250 people died in the attempted takeover on july 15th, 2016 parliamentary and presidential buildings were fired upon and the turkish military chief was taken hostage are on the 80000, have been arrested. the government says they worked with the us based political figure who coordinated the attack with a faction of the military. he denies the charge, and more than $130000.00, people including military personnel, have been sacked or suspended from the public sector. seen emco
police brutality in france, where officers are accused of attacking and racially abusing a black music producer rock bora is the clear winner of sunday's elections in booking a fossil, but the opposition continues to question the legitimacy of the vote. and in sport, pakistan's, cricket team is placed in isolation. after some players break. quarantine the a hundreds of people have been given life sentences for attempting to topple turkey's government 4 years ago. and the finding moment in the...
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Nov 23, 2020
11/20
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CSPAN
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. >> at that time, to be returning -- turning from black-and-white to color, rock 'n' roll came in. was exposed to the english language at a very early age. i grew up with mick jagger and the beatles. thida: that influenced the cambodian music scene. then the war came in. life ofreally stopped all means. >> in cooperation with the forts -- forces of south vietnam, we will be cleaning out major enemy's actuaries on the cambodian-vietnam border. this is not an invasion of cambodia. >> this began years of intensified bombing campaigns from 1970-1973, the u.s. dropped bombs on cambodia then they dropped on japan during the second world war. family went to the countryside near the thai border. american bombing caused great instability. this caused a small faction to gain power. pat envisioned a revolution. he wanted to wipe out everything that was determined to be modern. fell in 1975,ry the army purged of the city and committed atrocities on an unbelievable scale. thida: when we were forced out of the city, my father told me everything is going to be ok. that was the last time i remembe
. >> at that time, to be returning -- turning from black-and-white to color, rock 'n' roll came in. was exposed to the english language at a very early age. i grew up with mick jagger and the beatles. thida: that influenced the cambodian music scene. then the war came in. life ofreally stopped all means. >> in cooperation with the forts -- forces of south vietnam, we will be cleaning out major enemy's actuaries on the cambodian-vietnam border. this is not an invasion of cambodia....
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Nov 3, 2020
11/20
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MSNBCW
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certainly black lives matter, standing rock, occupy, all that was an obama administration sort of developthe masses flooding the streets as they did with the women's march on the first day of donald trump's inauguration, as they did a week later going to airport protests in response to the muslim ban, protesting gun violence after the parkland shootings, certainly this summer and people taking to the streets in more than 2,200 cities and towns around this country to proclaim that black lives matter. we've been in this period of mass protest that i think is pretty unprecedented, but i want to point out that the words you used, which is -- because it's not exactly a left policy set of protests, right? it's very -- it's so big that it's sort of more dilute than that. it is pro-democracy, and one of the things that jelani's work is so clear on and that is so clear in these days leading up to the election is that the fight is for democracy. it's for the ability to vote. and i've never seen -- in fact, in response to these masses out suddenly in ways that are pretty unprecedented, what you're s
certainly black lives matter, standing rock, occupy, all that was an obama administration sort of developthe masses flooding the streets as they did with the women's march on the first day of donald trump's inauguration, as they did a week later going to airport protests in response to the muslim ban, protesting gun violence after the parkland shootings, certainly this summer and people taking to the streets in more than 2,200 cities and towns around this country to proclaim that black lives...
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small acts tells the cotton stories of britain's black history in order to eliminate the injustices of today. and joining me is a film expert scotch rocks, 1st of all skull the title small acts. what does that mean? yet we heard a little bit of the music at the very end, which, which is from the bob marley song, and the bob marley. song quotes, old jamaican proverb which goes along the lines of, if you are the big tree, we are the small acts that will cut you down. so it's about, it's a metaphor for a collective struggle, which is basically what this whole series of films is about, which is really taken from real life stories about being black in britain between the sixty's and eighty's. and it's all about resistance, really resistance to racism, institutional racism in britain and very personal for mcqueen because this is the community he grew up in. is that? yeah, it is. i mean this is probably his most i think is most autobiographical and personal work. i mean, you mentioned some of his, somebody who's work. i mean all his other work is actually a long way from home. i mean, his very 1st film was hunger, which is about the ira hunger
small acts tells the cotton stories of britain's black history in order to eliminate the injustices of today. and joining me is a film expert scotch rocks, 1st of all skull the title small acts. what does that mean? yet we heard a little bit of the music at the very end, which, which is from the bob marley song, and the bob marley. song quotes, old jamaican proverb which goes along the lines of, if you are the big tree, we are the small acts that will cut you down. so it's about, it's a...
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there's a woman running from a an angry crowd threatening her and throwing rocks at her and at the bundle says and carrying is her black child. this german impresario at the climax of the film reveals the truth to the audience in the circus that she has a black child and of course the soviet response is so what do we care we don't care if he's purple polka dotted. and then he goes yelling is passed. to various members of the audience policing him a lot by one of the languages or so. i mean it couldn't be more. saccharine and more propaganda stick by it but it hit all the right nerves at the time as explain credibly popular even the song should have gotten. that on the. air. was even a sort of a defacto anthem of the soviet union. it's definitely fear to say that those who are your were the crown and leader and anti-racism. the government. and. if you. think. you're right. i think michael that we. all know. that little black boy from the circus movie is now $87.00 he was born and raised in the soviet union he served in the navy as a submarine and he became an author he wrote short stories in the early 1990 s. after the
there's a woman running from a an angry crowd threatening her and throwing rocks at her and at the bundle says and carrying is her black child. this german impresario at the climax of the film reveals the truth to the audience in the circus that she has a black child and of course the soviet response is so what do we care we don't care if he's purple polka dotted. and then he goes yelling is passed. to various members of the audience policing him a lot by one of the languages or so. i mean it...
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black music producer and his studio. we'll go live to our correspondent in paris, also coming up. heavy shelling, rocks, capital, ethiopian troops closing on the calendar. as the nation begin, what the government calls its final offensive against the region. it comes after weeks of conflict, tens of thousands of refugees without basic sanitation and with little food. and iran's president rouhani blames israel for the assassination of a top nuclear scientists and revenge western intelligence officials called the mastermind behind a clandestine bomb making program. i'm glad to have you with us. protests are taking place in france against a proposed security bill that contains provisions that rights groups say restrict media freedom. demonstrators have gathered at the class, the republic in the french capital, paris, calling for an article in the bill to withdraw. the article bans the publication of photographs of police officers that harm their quote, physical or psychological integrity. opposition to the bill has grown since video footage emerged this week of paris police officers assaulting a black man
black music producer and his studio. we'll go live to our correspondent in paris, also coming up. heavy shelling, rocks, capital, ethiopian troops closing on the calendar. as the nation begin, what the government calls its final offensive against the region. it comes after weeks of conflict, tens of thousands of refugees without basic sanitation and with little food. and iran's president rouhani blames israel for the assassination of a top nuclear scientists and revenge western intelligence...
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Nov 24, 2020
11/20
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CSPAN3
tv
eye 66
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it's a carving on to the rock and pueblo people would use stone chisels and hammers to pack, a braid and cize the dark blackina exposing the light color of the rock which stairies it a great, some people ask me how they were together, and they've known about them since their creation stories. modern-day archaeologists date most of the images from 1200 to 1650. a few are older, those that are done by spanish sheep herders that were part of the land grants. in the 1970s, archaeologists came out to the west mesa and began to inventory these images. later, interest in these grew and eventually it became a national monument. to the pueblo people, they believe that the petroglyphs choose when and to whom to reveal themselves. sometimes it's the shadow. sometimes it's the glare or sometimes it's juf the attitude and the sensitivity with which we look at the petroglyph images that reveal themselves. sometimes telling people not to touch the petroglyphs is not enough. we know that nobody should touch the petroglyphs, but we do give people an opportunity to touch an artificial boulder that we've created for such purp
it's a carving on to the rock and pueblo people would use stone chisels and hammers to pack, a braid and cize the dark blackina exposing the light color of the rock which stairies it a great, some people ask me how they were together, and they've known about them since their creation stories. modern-day archaeologists date most of the images from 1200 to 1650. a few are older, those that are done by spanish sheep herders that were part of the land grants. in the 1970s, archaeologists came out...
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353
Nov 29, 2020
11/20
by
KDTV
tv
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rock. hey google, toca bachata. hablale en inglés o español. nest audio de google. es black friday, yaesta semana...et.os... televisores y más. solo esta semana... es black friday, ya. en target. esta simple correa de nylon con metal permitió que mis hijos todavía tengan un padre. Él no tuvo la misma suerte. abrochado o multado que cubriera su condición preexistente. ella necesitaba uno económico. ellos querían uno que cubriera a su familia. y todos lo encontraron en covered california, un servicio gratuito que conecta a los californianos con planes de salud de renombre además de ofrecer ayuda económica para los que la necesiten. consulta con un experto local en español, por internet o teléfono. covered california. tu seguro médico empieza aquí. inscríbete antes del 15 de diciembre. lupita: ya llegué, doña cuquita. cuca: vente, mi hija. que ayer la novela quedó bien emocionante. lupita: ay, sí. ¿a poco le gustan las novelas, don nacho? nacho: no, a mí no. pero, me encanta el fútbol. [cambia canal] cuca: ¿por qué? nacho: el mudo, el mudo. cuca: quedamos que la tele es de nosotros dos. nacho: pues sí, fl
rock. hey google, toca bachata. hablale en inglés o español. nest audio de google. es black friday, yaesta semana...et.os... televisores y más. solo esta semana... es black friday, ya. en target. esta simple correa de nylon con metal permitió que mis hijos todavía tengan un padre. Él no tuvo la misma suerte. abrochado o multado que cubriera su condición preexistente. ella necesitaba uno económico. ellos querían uno que cubriera a su familia. y todos lo encontraron en covered...
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113
Nov 24, 2020
11/20
by
CSPAN3
tv
eye 113
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it is a carving onto the rock, and pueblo people would use stone chisel and hammers to pack, in grade in size and carve out the dark black patina, exposing the light color of the rocks, which very from a gray to a light brown to sometimes a red. people ask how these petroglyphs were discovered, but for the pueblo indians, they are as old as time. they have known about them since the creation stories. modern-day archaeologists date most of these images from about 1200 to 1650. a few are older, those which are done by early spanish sheep herders who were out here as part of a land-grant. in the 1970's, archaeologists came out and to the west mesa and began to inventory these images. later interest in these grew and eventually it became a national monument. to the pueblo people, they believe that the petroglyphs choose when and to whom to reveal themselves. sometimes it is the shadow, sometimes the glare, or sometimes just the attitude and the sensitivity with which we view these petroglyph images that reveal themselves. sometimes telling people not to touch the petroglyph is not enough. we know that nobody should touch the
it is a carving onto the rock, and pueblo people would use stone chisel and hammers to pack, in grade in size and carve out the dark black patina, exposing the light color of the rocks, which very from a gray to a light brown to sometimes a red. people ask how these petroglyphs were discovered, but for the pueblo indians, they are as old as time. they have known about them since the creation stories. modern-day archaeologists date most of these images from about 1200 to 1650. a few are older,...
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Nov 28, 2020
11/20
by
BLOOMBERG
tv
eye 33
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and the average white jazz fan,r is actually a rock who for a long time wished jazz would be something else without blackks at the core of it, like jazz would die away. that's why if you study jazz, there is a long-standing tradition of article after article and decade after decade saying "is jazz dead?" that's probably one of the most questions that's been asked since the 1930's. all of this investment and the destruction of jazz is to further obscure a big lie that jazz uncovers, and it's important to look at this. because it is a serious thing to consider if we were to transform our nation. if we say our nation is based on human freedom, and we are the first on earth founded on the glorious celebration of human freedom, dignity, and rights, how do we then reconcile and correct the systemic ownership ofg brutalizing a large underclass of people for free labor because of their skin color? too much injustice to correct. so we are forced to say those people are responsible for the problem. they are less than human, and it is just their condition. but if they are not, it is not their condition, that means
and the average white jazz fan,r is actually a rock who for a long time wished jazz would be something else without blackks at the core of it, like jazz would die away. that's why if you study jazz, there is a long-standing tradition of article after article and decade after decade saying "is jazz dead?" that's probably one of the most questions that's been asked since the 1930's. all of this investment and the destruction of jazz is to further obscure a big lie that jazz uncovers,...