Comments by "Kristopher Driver" (@paxdriver) on "Bloomberg Television" channel.

  1. Ooooh "she" was abused? Like the way millions of people she abused by fraud were abused or just her feelings were hurt and not her life savings earned from a lifetime of productive labour? Sorry, but I don't buy it at all. No real victim goes around victimizing thousands others without knowing the harm she was causing having had that first hand experience. She's an avatar of the tech sector, he nce exorbitant payrolls and psychotic rushed development cycles like games, FB, Apple and Google. It's so typical of the culture, and this comment coming from a developer since my teens in 2002. Its celebrated to fake achievement in order to achieve - then you're hailed as a genius for having "succeeded" after selling out to a giant for more than your product was ever worth. That literally was the dot Com bubble of 2000 if anyone can remember the early years of the internet and commercial software. It's always been like this and never wasn't like this.
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  2. El-erian is quite possibly the most honest analyst or the most competent who regularly appears on TV. I'm guessing a bit of both. Compare his commentary to Larry Summers or Wilbur Ross lol
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  3. And the bond yield inversión, btc surge, short squeeze, and QE4-ever I suppose had nothing to do with this?
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  4. How's Evergrande? Miller: "fine, it's confined to real estate..." 🤣
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  5. He's totally lying lol he'd kill to not be involved or known to have handed them money, come off it man Lmfao
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  6. Lmfao! "that's cute, a free bond market in Japan..." This show is so much funnier than sitcoms
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  7. This guy doesn't know anything about AI or accelerators.. Are they tensor or vector focused, or generic matmul accumulators, or simply HBM equipped, are they FPGA or ASIC or do they perform well under graphics rendering workloads too? He's literally said nothing at all about the new processor other than its like Nvidia... Nvidia's what? Their A100's or their CUDA series? Yahoo is beating you on tech reporting Bloomberg, get in the game.
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  8. I nailed this prediction on my podcast a year and a half ago. Even further back when the rmb was inducted into the global SDR
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  9. 3 min video... Could've been 30 secs lol unbelievable delivery
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  10. Behaviour data, that's what's worth money.
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  11. Best drama on television, hands down
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  12. Very well done 👍
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  13. Great day for those limping back in to markets after selling in may 😁
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  14. The first default on federal debt ought to be the politicians who couldn't do their jobs in time...
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  15.  @praveenspike  Graphics are vector and matrix operations just like AI. They are the same thing. Acceleration is just hardwired circuitry to make more complex matrix / vector operations more quickly. But they're not different, they are the same thing graphics and machine learning.
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  16. Infomercial alert
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  17. Supply chains are what they are because of a shift from inventory to JIT delivery. This is explained in textbooks for finance, economics, etc. The clear and obvious downside to just in time supply chain management is their instability during sudden shocks or crises. Since every economy is pushing some inflation, low rates, property value equity to leverage, and stimulus injections to puff up the bubble it always causes supercycles; supercycles which will always disrupt JIT markets. We need to stop pi$$in in the wind
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  18. There's no question Jamie Dimon is smarter than Trump. That's like clapping for saying "I'm an adult who can get groceries and cook them". Children are smarter than Trump.
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  19. If fed hikes rates from 0 to anything more than zero there will be recession just by nature of cash flows in the money supply. Suddenly borrowing is more expensive and more restricted margin requirements for traders, ergo less leverage and buying than not as rates rise. Treasuries this find greater value in addition to their price appreciation. Nobody should be surprised by contractions
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  20. Lol "corporate profits from inflation helps by paying higher wages to employees..." oh ya, certainly not stock buybacks or offshore accounts. Straight to the workers lol
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  21. Shocker... 😩
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  22. You have a short memory lol AMD has been great since zen 2 only 4 or 5 years ago for CPU only. Since then they've been great at GPUs only for gaming, not productivity and not compute but their server chips based on zen have been added to their elite product stack. AMD might make good GPUs in the future, but as far as useful, productive work, amd has not been hitting it out of the park, they've just been beating Intel thanks to TSMC and match Nvidia for just gaming - again, thanks to TSMC. Theyre doing well, but Intel has done nothing and Nvidia has sat back and done nothing for 3 generations now happy to reap the rewards of 3 year old technology. It's not hard to catch up on chip designs when nobody else is doing anything productive on the engineering front in half a decade. Especially since AMD doesn't even need to manufacture anything. You give them way too much credit just for not being incompetent imho lol
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  23. Yield curves invert, fed hikes rates, tech p/e's in the +40's, and "sell in may...". Why is anybody caught off guard???
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  24. If debt is constrained where would a poorer population get money spend? Just curious where this growth was supposed to be coming from as rates rose..
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  25. The man, David Westin is so boss
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  26. Train people while you're paying them relief. Make them exercise an hr a day for a 1200 dollar check and the long term public heath costs would wipe out the relief funds. Maybe now's a good time to teach auto workers how to make robots
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  27. Buying time on firesold assets shouldn't bode well for any reputable investment banker who can see further than the bridge of their nose...
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  28. Surveillance hosts are the best in the biz. Tune in nearly every day, thanks btv crew!
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  29.  @greenragi7775  I suppose the concept of constructive criticism is lost on you. Rest assured, there is a function and purpose for communicating.
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  30. None of this will reach a single person earning less than 44k a year...
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  31. Oooh Tom... A very young "Scully" and a very young David Duchovny lol her name is Gillian Anderson I believe 😜
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  32. This is so maddening... Just make mechanical storage drives with larger buffers like everyone has always wanted ffs!!!
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  33. Lmfao! Let him buy it all. Super genius financial planning with this guy ;p
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  34. "the rally always starts after peak fear" == "you always find what you're looking for in the last place you look" No meaning in that statement whatsoever.
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  35. I bet there will be another taper tantrum by the 2nd hike, but putting on the brakes to tightening won't reverse it this time. There are too many companies whose market caps have doubled in the past 4 years. There's so much bloat and gas to let out of the market right now.
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  36.  @veronicaalmeda8014  I suppose the old adage rings true: "sociopath is as a sociopath does" lol
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  37. Whatever happened to writing notes on paper? It can't possibly be easier to read from a phone while on air than a piece of paper...
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  38. Lol oh is boa "constructive on Brent crude"?, eh... is that a Freudian slip?
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  39. As if Britain didn't spark the rate hike warning for us all ahead of time... 🙄
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  40. He's running for president again...?
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  41. Lehman wasn't a black swan, there were plenty of red flags for months and accounting fraudsters don't just coincidentally cook books lol it should be pretty clear if Credit Suisse is insolvant... Unless they're tendering KPMG lol
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  42. This is why I've been saying on the record for several years that there's no such thing as a "strong economy" when rates above 2% collapse the financial system - the highest paid and least productive contributors to the entire economy. There's nothing strong about that, but they parroted USA economic strength for like 7 years even during QE. It's mind boggling.
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  43. Whaaaat?! We're not even going to ask Schwab about their tenuous duration risks??? Lol come ooon guys!
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  44. Since when is milk a staple in India? I remember when they were pushing to ban it entirely like 3 years ago lol
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  45. Why would anyone believe the fed when Yellen leads the treasury and spent years telling us how strong the economy was for years despite a quarter percent change in the overnight rate would risk decimating the entire economy? If that's not doublespeak then what is? Consistently for years, nothing about real wages reflected in decades of data despite constant reminders of how "jobs focused" the fed is supposedly. Nothing they say is linear, I don't know why they even bother speaking or releasing silly dot plots if they're just going to spew incoherent bs and wonder why serious economists don't take them seriously
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  46. Full self driving would be cheaper if we just planted rf reflectors up and down the roads and lanes to give the cars a hint before the car makes a stupid decision. It would be so much cheaper and easier to just lay cheap little beacons all over the place to assist FSD systems. We did it with signs and street lights, well we wouldn't need either after standardizing FSD using guideposts for AI to read... And they'd all be dynamically programmable, with as many rules per marker as we'd like as opposed to just the signs a person could reasonably read and respond to.
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  47. What could be more ironic than this potential reality - China showing the capitalists how to responsibly unwind excessive lending lol too funny, can't wait to see if they've got the nerve to slow down voluntarily. First sight of stability they'll start spending again like everyone else did
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  48. I can't believe how Larry Summers still talks as if leverage and "growth" are intrinsic to finance and nothing could be done about how the system can be better regulated. It's really simple - leverage always distorts markets and causes instability. Look at multiples across the board, from a value standpoint all of those share prices are bloated by excess liquidity in the markets caused by derivatives, debt and leverage. Having big numbers faster and forcing a tightrope walk if "perfect inflation" is asinine. I would expect a Harvard economist to have some common sense.
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  49. Erik's usually got a better grasp of what he reads but this time he's flat out misread the memo and can't abstract a layer higher which the document demanded. This segment was frustrating to hear lol
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  50. Anyone who claims he was responsible for looking after "the cyber" is full of spit lol imagine hiring a racecar driver who never drove a car before getting the job
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  51. This guy is clueless. Every argument hinges on whether decisions were popular. "look, when you take away a teenager's credit card they can't afford to buy things, look how much growth and prosperity we're losing" as if debt never needs to be repaid. As if the feds job is to make people happy. As if a shrinking population's economy needs to grow or it's getting weaker and we're poorer by it. As if communist dictator China is doing things right. What a crock of bull, this guy. A bit of math would do him good.
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  52. Lol I thought she said "Lizzy Borden" at first 😜
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  53. Easy to build faster chips when they don't close vulnerabilities lol you really believe these have firmware that protected from meltdown?
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  54. Not just a job, they're delegated the policy-making roles lol
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  55.  @kusumayogi7956  It's almost entirely the software and driver sid eof things. They could easily develop chiplets with more advanced operations but the reason they don't is because they haven't got a basic API working yet and they'd be putting the cart before the horse if they over developed the hardware too soon. The API needs to catch up first, Nvidia has a huge head start on that front.
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  56. It'd be hilarious if that Suez tanker swapped names with the developer just to confuse court orders after they get issued lol
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  57. SPACs everywhere now, it's like Mnuchin's left a loyal minion behind to commit crimes for him while he's busy committing crimes in the white house lol. Top of the market? Record debt? Endless stimulus? Ya good time to leverage more debt with more leveraged, unverified speculation during a pandemic lockdown. Brilliant.
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  58. Bullet proof? We used to value things for tangible assets, if encryption gets broken tomorrow those companies will be decimated over night. Their only business model is exploiting people's apathy toward privacy and harvesting personal data. Hell, an antitrust case could swing the wrong way out of nowhere or the government could decide to fine them trillions for impropriety to pay for the debts caused by politicianss' own impropriet... Cuz they do that with lending rates all the time now. There are so many bullets, from flus to public protest to courts to international dissent to security risks or fraud with the banks or tax scandals like Panama papers or wikileaks, or a scandal of leadership, or currency crunch or civil war or pretty much any other looming exogenous threat lol not seeing a danger does not negate its risk.
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  59. What exactly is the overhead on broadband internet that current prices can't support it without subsidies at today's retail rates? Fiber optics really aren't that crazy to split through coax boxes already in place... They can even charge rental on the routers and gpt will troubleshoot any IT issues broadband used to have to staff humans to fix. Like how is the USA broadband internet so hard to establish in a country with 330 million inhabitants plus "millions" of "Illegals" supposedly "invading" the country.
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  60. It's like performing a pull out and then calling birth control the next day as if pregnancy announces itself immediately. At 90days-120days arrears hard limits kick in as liquidity shrivels. We should all know this by now.
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  61. Burnley is def lepard! Bank of Dave man! Lol
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  62. Might just be me, but this sounds an awful lot like an infomercial trying to attract drug lords and ologarchs to do more business with them lol Imagine you were a corrupt politician looking for new illegal bribes, you can't just advertise outright so instead you do an interview like this - inviting bribes worldwide without so many words.
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  63. Lisa... "starting to see protests"??? They've been protesting at risk to their lives for months now. Groups have defaulted on mortgages in solidarity, there are documentaries, and investigative journalism, and channels on YouTube reporting on it daily with full local video. How have you not seen this yet?? I even predicted it in a podcast I explained all this before it happened for 2hrs and I did that a year and a half ago because it was obvious enough to a rando like me lol like, who didn't know this was a big deal when Evergrande collapsed?!
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  64. So credit suisse gets embroiled in fraud and money laundering, an autocratic billionaire murderer decides to buy its spin off to wash his money and collect data, and even after killing a journalist the USA is fine with him moving his new bank to New York where his family sponsored the worst terror attack in 60 years? Are you serious, we're all just ok with this entire deal?!
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  65. What a fuvkung liar.. "the little people end up benefitting when the rental system collapses, they just restructure their debt" Ya, and then they get homeless, and sick, and sued by people sitting comfy and earning their blood rent. This is indistinguishable from feudalism, plain and simple. When everyone is bled dry paying their rents, property owners have all the money and all the property... How is the little person ever coming out ahead? The gap is widening.
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  66. Citi just wants that fee-laden juicy consumer debt plus interest. Num Num numb...
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  67. How about the banks charging customers fees to cover the added liability of insuring deposits of competitors? Why would anyone thing or believe a bank would cut compensation to contribute to that???
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  68. I bet it has something to do with either one drive or co-pilot lol
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  69. Tom and Jon need to sort their shit out off air, it's was funny when it was friendly but it's coming across super petty lately
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