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. 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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  5. How's Evergrande? Miller: "fine, it's confined to real estate..." 🤣
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  6. 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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  7. Lmfao! "that's cute, a free bond market in Japan..." This show is so much funnier than sitcoms
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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. 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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  15. The man, David Westin is so boss
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  16. Infomercial alert
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  17. Shocker... 😩
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  18. 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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  19. 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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  20. 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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  21. 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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  22. The first default on federal debt ought to be the politicians who couldn't do their jobs in time...
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  23. 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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  24. 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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  25. 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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  26.  @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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  27. 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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  28. 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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  29. 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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  30. Whaaaat?! We're not even going to ask Schwab about their tenuous duration risks??? Lol come ooon guys!
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  31.  @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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  32. 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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  33. 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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  34. 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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  35.  @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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  36. 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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  37. Surveillance hosts are the best in the biz. Tune in nearly every day, thanks btv crew!
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  38. I bet it has something to do with either one drive or co-pilot lol
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  39. 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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  40. 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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  41. 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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  42. 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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  43. Lmfao! Let him buy it all. Super genius financial planning with this guy ;p
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  44. Burnley is def lepard! Bank of Dave man! Lol
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  45. 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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  46. 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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  47. 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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  48. 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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  49. Not just a job, they're delegated the policy-making roles lol
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  50. 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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