Posts filed under “Video”

Boone Pickens: Speculation a ‘Scapegoat’ for Oil Prices

Billionaire Boone Pickens, founder and chairman of BP Capital LLC, talks about his investment in wind power, the impact of speculation and demand on oil prices and Microsoft Corp.’s efforts to buy Yahoo!

click for video
Boone_pickens

Source:
Pickens Calls Speculation a `Scapegoat’ for Oil Prices: Video
Bloomberg, June 2 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOycL4oJTmSs

Category: Energy, Trading, Video

Gross On Inflation

Sounding the inflation alarm, with William Gross, Pimco founder & co-CIO:

click for Video
Gross

Category: Inflation, Video

Dow Chemical CEO: US Underestimating Inflation

On Wednesday, Dow Chemical Chief Executive Andrew Liveris made a high-profile announcement that Dow would
increase its prices by as much as 20%, starting June 1. Dow, the top
U.S. chemical company, said the plan was necessary to offset the impact
of rising costs for energy and related raw materials. Over the past
year, Dow has already increased its price by about 12%, but
those price changes have been phased in gradually rather than
implemented all at once.

In the interview, Liveris said he thinks the U.S. is underestimating
the level of inflation in the economy and he expects the rise in energy
costs is beginning to destroy demand. Liveris expects the price increases his company made will eventually be passed on to the consumer:

>

Click for video
Liveris

Andrew Liveris on CNBC

>

Excerpt:

"I do think we’ve hit a raw nerve," Liveris said in an interview on
CNBC’s "Squawk Box." "I do think, out there in the world that we all
are living in, I think the consumer is screaming, and I think it’s the
topic du jour, and every company is in a different part of the value
chain."

"We’re in a part of the economy that is very elastic," he said. "So unlike electricity, or unlike transportation, which up until now has been relatively inelastic, we’re getting demand-destroyed."

Liveris estimates Dow uses about one percent of the U.S.’s electricity to make its products, which become components of other consumers goods, and the equivalent of about one million barrels of oil a day.

"We’ve done everything at Dow to be cost-efficient, energy-efficient," he continued. "We’ve diversified our mix. We’ve gone overseas for low-cost joint ventures. I think everyone has to bear some of this out-of-control energy policy."

>>

Source:
Dow Chemical CEO Says US Underestimating Inflation
CNBC.com | 30 May 2008 | 08:14 AM ET
http://www.cnbc.com/id/24888493

Category: Economy, Inflation, Video

Weezer’s Ode to You Tube

The official video for "Pork and Beans" from Weezer stars quite a few familiar YouTube faces.

New Weezer disc Red Album" out Monday, June 3rd, 2008

Category: Digital Media, Music, Video, Web/Tech

Feldstein Says U.S. Economic Indicators ‘Pointing Down’

Martin Feldstein, an economics professor at Harvard University and president of the National Bureau of Economic Research, talks with about U.S. first-quarter gross domestic product, the outlook for Federal Reserve monetary policy and potential legislation to help homeowners avoid foreclosures.

click for video

Feldstein

>


Source:

Feldstein Says U.S. Economic Indicators `Pointing Down’
Bloomberg, May 29 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2M56v3ltLgE

Category: Economy, Video

KB Homes: U.S. Home Prices Will Drop 10% More

Eli Broad, founder of homebuilder KB Home

click for video

Eli_broad

VIDEO

Excerpt:

U.S. home prices likely will drop another 10 percent from their peak before the housing market begins to recover, said Eli Broad, founder of Los Angeles-based homebuilder KB Home. "Every housing market’s different, but you can expect housing prices to continue to decline in most markets for the next year or so,” Broad said in an interview from Los Angeles with Bloomberg Television.

Sales of previously owned homes in the U.S. fell 1 percent last month and the supply of unsold properties reached a record, the National Association of Realtors said last week, signaling a continuation of the 27-month housing slump. The median price of an existing home fell to $202,300 from $219,900 in April 2007. "I think we’ve got probably another 10 percent to go” from the price peak reached in 2006, Broad said today.

Broad said the U.S. economy is "in a recession no matter how you want to measure it,” and recommended that investors put their money in the energy industry, multinational companies with the largest stock-market capitalizations, and emerging economies such as Brazil, Russia, India and China. The return on U.S. stocks likely will "be in low single digits” this year, he said.

Source:
KB Home Founder Broad Says U.S. Home Prices Will Drop 10% More
Matt Miller and Daniel Taub
Bloomberg, May 28  2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHOHd1MVIx8Y

Category: Real Estate, Video

Kudlow & Company Video

As per the prior post, here is the video feed, parts I & II:

I still don’t understand why being Bullish on Energy, Agriculture and select Tech is so hard to get — I ran out of time, otherwise, I would have mentioned we were short AIG and Monster.com (MNST)

Happy viewing:

>

click for video (16 mins)
Kudlow_part_1_may_28

>

click for video (8 mins)
Kudlow_may_28_part_ii

~~~

Part I

embedded video

Airtime: Wed. May 28 2008 | :07:0 08 ET

An outlook on the markets, with Ken Heebner, CGM Focus Fund; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.

Part II

Airtime: Wed. May 28 2008 | :21:0 08 ET

An outlook on the economy, with Joe LaVorgna, Deutsche Bank; Peter Morici, UC Maryland business professor; Jim Lacamp, RBC Dain Rauscher; Barry Ritholtz, Fusion IQ; and CNBC’s Larry Kudlow.

Category: Media, Video

Roubini Still Pessimistic On Economy

The Financial Times had a three part (15 minutes) video interview with NYU Professor Nouriel Roubini last week. You can find this interview on the FT Video site or via YouTube below.

Roubini discusses his outlook for the US economy, housing and mortgages; the prospects for policy action.

Nouriel is a cheerful as ever. But before you dismiss him, note that he has been very right on Housing, Credit and the Economy:
 

Part 1

Part 2

Part 3

Category: Economy, Video

Sentiment Data `Puzzling’

Richard DeKaser Calls Consumer Sentiment Data `Puzzling’

Richard_dekaser

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vo3dxhcY7uYw.asf

Source:

U.S. Consumer Sentiment Decreases to 28-Year Low
Shobhana Chandra
Bloomberg, May 16 2008
http://www.bloomberg.com/apps/news?pid=20601087&refer=home&sid=aqqGY5BrKuoA

Category: Real Estate, Video

♪ Tighten Up ♪

James Brown’s version of Tighten Up   (1968)

And the original Archie Bell and the Drells version

Archie Bell and the Drells

Archie_bell_the_drells

Category: Digital Media, Music, Video