What is it that open evidence should be relied upon to do. And what do we still need the physician to do. For example, can open evidence diagnose.No. So, the physician is still relied upon to do everything that a physician was always relied upon to do. Um, I see open evidence as a continuum or a continuation of a very traditional technology called search.Right. So historically physicians um needed to search for findings in medical journals. That's not a new behavior.Uh they've been doing that for years and ...

My view is that services inflation is the most persistent and sticky part of inflation. A lot of my view about services inflation is driven by the housing sector as shelter costs are the largest cost for most families. My view about shelter inflation as I said is driven by two things as I said in the speech.One, the fact that average rents have finally caught up to market rents, meaning the catch-up period is done. You know, people don't reset their leases every day. They reset every year, every couple of y ...

SCARLET: FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, BLOOMBERG : REAL YIELD STARTS RIGHT NOW. COMING UP, U.S. GOVERNMENT SHUTDOWN PUTS ECONOMIC DATA ON HOLD. FURTHER CLOUDING THE FED'S PATH FORWARD AMID THE SHIFTING ECONOMY.NEVERTHELESS SEPTEMBER CREDIT ISSUANCE URGES TO NEW HIGHS. WE BEGIN WITH THE BIG ISSUE AND THAT IS A FED FLYING BLIND GEND. >> IS A STRANGE NO JOBS REPORT FRIDAY.>> OUR DATA IS BEING SUBSTANTIALLY DISTORTED. >> WE ARE IN A HOLDING PATTERN LOOKING FOR THE DATA. >> IT IS DIFFICULT TO LOO ...

And this doesn't mean that they're necessarily going to change the current design, the R one. They're just thinking about a new door handle for the R two, which is now yet tracks what we're talking about. And what you need to know is that in the AR two, which is their next gen vehicle going into production at some point in the first half of next year, there's been a rethink on the manual latch or release that a passenger in the front or rear seats would need to use in the event that the electric system lose ...

US-China Trade Relations - China is pushing the Trump administration to rollback national security restrictions on Chinese deals in the US [1] - This push involves tackling the prospect of a massive investment package from China [2] - China is appealing to Trump's dealmaker reputation, seeking treatment similar to countries with large US investment packages like Japan and the EU [3] - China aims to increase exports to the US, addressing its weak domestic consumer demand [3] Potential Economic Impact - A source mentioned a potential investment figure of $1 trillion USD from China [5] - This $1 trillion USD figure is considered significant enough to impact the economic relationship between the US and China [5] Policy Shift and Concerns - This potential deal represents a significant reversal of a decade of bipartisan US policy regarding Chinese involvement in the US economy [4] - Previously, congressional committees scrutinized Chinese involvement in the US economy and national security [4] - Many proposed deals involving Chinese companies have been rejected by the Committee on Foreign Investment in the United States (CFIUS), led by the Treasury Department [6] - The concerns surrounding Chinese investment have loomed large in the US-China relationship [6]

Economic Data & Market Uncertainty - The market is navigating uncertainty due to lack of data, making it difficult to assess fixed income and yield movements during government shutdowns [1] - Corporate data is considered a reliable source, while survey data is viewed as potentially skewed by sentiment [1] - Access to payroll data is crucial for accurate economic assessment [2] - The market places significant emphasis on CPI reports, even though minor percentage variations may not be fundamentally impactful [5] - Core CPI is expected to remain around 3% [4] Labor Market & Productivity - Labor market data is considered the most critical information for the next five years [7] - Productivity, innovation, and technology are expected to alleviate wage pressure and subsequently reduce inflation [7] - Companies are achieving substantial earnings reports without needing proportional infrastructure investment [8] - Productivity gains are occurring through inventory management, logistics, and efficient business operations [8][9] - Maintaining full employment is a primary focus [10] Corporate Strategy & Economic Growth - Companies are pursuing scale to enhance margins and lower infrastructure costs [9] - The economy is experiencing real GDP growth of 38% and is projected to exceed 5% nominal GDP for the year [8]

Breaking news from Bloomberg Tech's Ed Ledllo. He is reporting that Rivian is reworking its doors after employees and customers raised concerns over potential safety issues with the current design in the R2, which is their nextG vehicle going into production at some point in the first half of next year. There's been a rethink on the manual latch or release that a passenger in the front or rear seats would need to use in the event that the electric system loses power.And what sources told us is that on their ...

Market Trend - Agricultural markets are experiencing a shift towards shorter-term options, indicating a focus on swift risk management [1] - Nearly 40% of grains and oil seed options volume is traded at 30 Days To Expiration (DTE) or less [2] - Since 2020, over 46% of Chicago wheat options volume has been traded at 30 DTE or less [3] - Over 40% of soybean and soybean oil options volume falls into the 30 DTE or less category [3] Risk Management - The preference for options with fewer days to expiration (DTE) is increasing [2] - Weekly options offer granular hedging opportunities [2] - Short-dated new crop options allow for targeted risk management around critical events like planting, harvests, and USDA reports [2] - Lower DTE strategies have become essential due to supply chain vulnerabilities to weather shocks, political events, and policy changes [4] Underlying Factors - The trend in wheat options is likely tied to hedging against political supply side risks [3] - The trend in soybean and soybean oil options reflects the need to manage sudden policy and other demand side risks [3]

Monetary Policy & Economic Data - The FOMC (Federal Open Market Committee) typically meets every six weeks to vote on monetary policy [3] - Access to high-quality data is crucial for monetary policy decisions, but decisions aren't made daily [2] - The industry emphasizes forward-looking policies, considering future expectations for inflation and output gap [4][17] - Financial conditions are the channel through which monetary policy operates [27] - Monetary policy works with lags, making it inappropriate to solely rely on backward-looking data [16][17] Inflation & Housing - The industry expects a significant disinflation in the services component of inflation indices, driven by shelter costs [7] - Housing costs, particularly rent surges and shelter cost increases, are a major component of inflation indices [5][6] - Immigration shocks have impacted housing rents, initially pushing them up and potentially reversing to negative net migration [35] - Services inflation, particularly driven by housing/shelter costs, is considered the most persistent and sticky part of inflation [33] Neutral Rate & Economic Growth - The speaker's conception of the neutral rate is around 05% (a half), based on a weighted average of model-implied and market-implied rates [9] - Policies like deregulation can expand the potential output of the economy faster than actual output, creating a positive output gap [13][14] - Fiscal deficits in February through August are about $400 billion at an annualized rate below the comparable period in the previous fiscal year [28] Tariffs & Trade - The elasticity of demand in imports is much higher than the elasticity of supply, suggesting foreign producers bear the burden of tariffs [40] - Flat import prices could be due to a weaker dollar offsetting the decrease in dollar prices from tariffs [45] - The speaker compares prices of import-intensive core goods to overall core goods to assess the impact of tariffs on inflation [54]

Sophie, walk us through how this is all going to play out right now. Right. So what's at stake for these projects that they do end up losing their funding.Is that a lot of tens of thousands of jobs that these projects create both the Hudson Tunnel Project and the Second Avenue subway project both employ, you know, hundreds of thousands of people so that they could so they're all at risk of losing their jobs or these projects are also at risk of being delayed even further. So what is Kathy Hochul, the New Yo ...