and the things some people will do to stay young! push it out, push it out. you got this. do you consider yourself a guinea pig? no, i don t! i consider myself to be an explorer on the frontiers, trying to find out what s possible. tech entrepreneur bryanjohnson is spending millions trying to turn back time on his body. i refer to myself as a professional rejuvenation athlete. it s a new sport i want to create. i m not a bio hacker, i m not a health enthusiast, i am a professional rejuvenation athlete. i love it. working with a team of 30 scientists, his daily life is dictated by an extreme regime of fitness, diet, tablets, tracking and treatments. i m chronologically 45 years old. biologically, i am a few hundred ages. my left ear is 64. my fitness test say i m 18. my heart is 37. my diaphragm strength is 18. and i playfully say i m trying to become like an 18 year old. my son is 17 and so, i always tease him and say, when i grow younger, i want to be like you . where s he
Im melissa lee. Always good to have you, rebecca. And we start off with the sea of red on wall street major indices all down over a percent ahead of tomorrows fed decision investors seeing a more than 80 the central bank will raise rates another quarter percent. The big banks and regional efts hitting their lowest levels since late 2020. Pac west, western alinls, and comare ka down double digits the oih dropping 6 , lowest close since october, as crude tumbled back to the 70 mark investors blocking to the safety of gold. Both the Precious Metals and the miners offering some refuge amid the volatility the banking crisis not solved, the fed set to hike yet again, and a new xdate for the debt ceiling now just weeks away, not months so, theres a lot going on here, guy. Feels like people just want to be riskier not a trifecta you want to win. Bank of america, whisper of its 52week low. Not trading well and dan mentions it all the time the banks are so vitally important, its interesting, whe
The bondholders and stockholders were wiped out in yesterdays season sale to jpmorgan. The market is essentially reevaluating the Downside Risk in the event another Regional Bank sees the same fate. There was a highlight of the big Bank Balance Sheet to acquire the failed bank out of receivership due to cost concerns in a world of consolidation, though, this calls in regionals ability to compete the timing is kind of unfortunate, too, coming off the heels of better than expected q1 earnings last week but right ahead of tomorrows fed meeting and amid the debt ceiling debacle. In a goldman note to clients, the firm notes the selloff was driven largely by hedge funds, specifically short pressure. The firm notes the lack of relief rally yesterday when jpmorgan First Republic news was announced sent a bearish signal to the market, guys. You mentioned one thing, and that is the level of uninsured deposits that some of these Regional Banks have. Why is that such a sore point . Are investors w
Aftershock. Heres incentive three clowns. Marlene painted it when she was a teenager. There arent random evil clouds walking ts rft sto commit a crime in. It is literally walking camouflage. A woman was shocked at her front door. By a person dressed in a clown costume. My heart dropped. Smiling and performing now. In a split second, they could wipe out that paint of a smile be killers. Wellington, florida, is just a very monied, sleepy part of south its right up against the everglades. Wellington is one of the richest cities in Palm Beach County. Youve got palm beach, which is the tony island of millionaires and billionaires. Deborah its also home to maralago, president trumps socalled winter white house. And then you have wellington. Youve got the wellington of the equestrian set, where Bruce Springsteen has a house. Quiet but lavish. The houses were built around a grass airstrip, and they all had hangars out back for the owners planes. Deborah now this is the way to go to work every
president biden signalled he might be open to them, democrats in congress revolted. they aren t fair, and they don t work, dems argued. republicans say they are fair and that it is only responsible to have a baseline standard for who can receive government benefits like medicaid, that a requirement to work would motivate people to work. a hand up, not a hand out, says speaker kevin mccarthy. so how does a work requirement function in actuality? we ve got one of my favorite policy wonks with us to explain because it is a tricky issue. one that could sink a deal, and in light of that, a number of democrats are coming up with a plan b. there s one in the house to force a floor vote on the debt, over the objections of gop leadership if need be, and another being floated in the senate to negate a vote entirely. president biden, you have the authority all on your own, they say. one of those senators joins us to explain why. but first, let s get to the reporting and the policy. join