Broadcom incorporated the san jose based maker bluetooth and chips and Cirrus Logic Incorporated in austin based company that makes chips for producing sound theyve replaced all the ships with their own or other alternatives now well id love to see america get back in the race but youd need entrepreneurial ism and you would need the this aeration in scorched earth tearing down of all the zombie banks that are there only because of cheap rates right and they suck up 3040 percent of the g. D. P. Of the economy of the United States of america so theres no room for entrepreneur alyssum anymore. Not on a world class basis i mean you have people coming up with you know great ways to you know pocket fisherman or Something Like that you know novelty products that we sell out here in the u. S. But nothing serious in fact nothing serious is in this next headline again ray dally you know and i believe hes been watching the kaiser report because i noticed that keeps on coming out with statements o
2 dot com stay with us now before the. Financial news in the country. Guys are this is the kaiser report you know the way phone china is the apollo 11. This decade its defining the technological landscape for a whole country going to happen for a long time. Sure this high tech advantage that china has should have been a split nick moment i shouldve. Basically introduced some sort of industrial policy and said hey americans we need to realize that china is eating our lunch on top of this we also should realize that our our exorbitant privilege of having the u. S. Dollar as worlds reserve currency has indeed been a massive privilege and we should have done everything to sustain that so acting like a bully has not only saw that you know even france and germany are coming up with an alternative to swift to circumvent the u. S. Dollar to circumvent the new york fed where all trades are settled that exorbitant privileges ending but this privilege of having the you know. This being so crucial
Yields keep on creeping up. This is the position we find ourselves in. We were looking for 1. 7 not long ago. The yen is weakening in the broad face of what has been Dollar Strength out there. Thai baht unchanged. Not surprising. Interest Rate Decision later on today. Possibility of another 25 basis points being cut. Cny sub seven, that is why we wanted to bring this up. Just edging stronger it would seem. Ourselves with the rally taking place which also petered out in the u. S. , though we had record highs for a couple of the indices, but it was a mixed bag overall is there also a sense that we could end up with a positive feedback loop as people have this fear of missing out on the rally . Lots of first word news telling us about the world. Here is su keenan in new york. Su we start with robert kaplan. He has told bloomberg that hes comfortable with the recent steepening of the yield curve, saying it is a sign that fed policy is in the right place. Hes previously voiced concern about
Get an alert even before the shaking begins. The new earthquake Warning System about to roll out statewide. Investigators combing through records and rubble trying to figure out what caused these fuel tanks to explode in Contra Costa County. Facebook is the new cigarettes. Once had giant calling out another. The appeal for facebook to be broken out. To think i am being pushed out against my will has been really hard. Our original series project home. Tonight how do you keep teachers from being priced out of the bay area communities they educate . Good evening. On the eve of30 that could radically improve how a response to earthquakes including the big one. Marks a year visited usgs offices to show us how it works. 30 years ago nobody had any advance warning about the quake. Technology in communications have changed. Starting tomorrow and early Warning System is coming to your phone. In 1989 the first sign people had about an earthquake was when the ground started shaking. But tomorrow
Statewide. Investigators combing through records and rubble trying to figure out what caused these fuel tanks to explode in Contra Costa County. Facebook is the new cigarettes. Once had giant calling out another. The appeal for facebook to be broken out. To think i am being pushed out against my will has been really hard. Our original series project home. Tonight how do you keep teachers from being priced out of the bay area communities they educate . Good evening. On the eve of the 30th anniversary of the quake a new system is rolling out that could radically improve how a response to earthquakes including the big one. Marks a year visited usgs offices to show us how it works. 30 years ago nobody had any advance warning about the quake. Technology in communications have changed. Starting tomorrow and Early Warning system is coming to your phone. In 1989 the first sign people had about an earthquake was when the ground started shaking. But tomorrow the state office of Emergency Service