WEBVTT - Single Best Idea with Tom Keene: Henrietta Treyz & Ron Josey

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>A single best idea, a quick effort today. What a

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<v Speaker 2>great set of narratives today. Glenn Hubbard on the future

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<v Speaker 2>of the Federal Reserve. He, of course, all of his

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<v Speaker 2>association with Columbia Business School and Sir Howard Stringer with

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<v Speaker 2>US was a great honor. You know, he's in his eighties,

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<v Speaker 2>but with a venerable history going back decades and decades

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<v Speaker 2>with CBS, with Sony and of course piercing comments on

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<v Speaker 2>the BBC. Henrietta Trey's got us started here. I asked

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<v Speaker 2>her about the president in a lot of foreign initiatives

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<v Speaker 2>given domestic angst.

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<v Speaker 1>I think that the shutdown made that really plain when

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<v Speaker 1>the President just was not in DC very much. He

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<v Speaker 1>was certainly either in mar A Lago or international and

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<v Speaker 1>focused on Israel and Hamas an other is that we're

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<v Speaker 1>not associated with either the government shut down, the Tuesday election,

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<v Speaker 1>or the state of the US economy. And I think

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<v Speaker 1>that's about to change, particularly as the Street gets a

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<v Speaker 1>whole bunch more data from BLS and other exerties that

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<v Speaker 1>we've been lacking. You know, I don't see you being

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<v Speaker 1>able to run away from an economic focus. So I

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<v Speaker 1>would say, if you want to see, you know where

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<v Speaker 1>the Republican Conference is going, see who picks up the

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<v Speaker 1>mantle of focusing on the economy while everyone else is

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<v Speaker 1>distracted with other things.

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<v Speaker 2>And Anda Troy is hugely valuable. Invaded partners, Paul and

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<v Speaker 2>I love to get a people expert on their buy,

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<v Speaker 2>hold and sell of technology. Run Josie definitive, it's City

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<v Speaker 2>Group on the Internet. Here is run Josie on the accounting.

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<v Speaker 2>Over to counting the servers.

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<v Speaker 3>Well, here's the big good news. I believe a lot

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<v Speaker 3>of those servers and chips, even that our seven or

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<v Speaker 3>eight years are become, are still utilized like one hundred

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<v Speaker 3>plus percent. And so the sixth year of the five

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<v Speaker 3>it used to be, I mean years ago it was

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<v Speaker 3>four an hour at five a half six years, that's

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<v Speaker 3>something we're certainly aware of. But again it gets back

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<v Speaker 3>to this capacity side, and all of the checks and

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<v Speaker 3>data that we look at, utilization is high. Even servers

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<v Speaker 3>that are beyond that are high, and they're generating dollars

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<v Speaker 3>off of so you know, as long as you have

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<v Speaker 3>that duration, I think that's that's that's makes sense.

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<v Speaker 2>Ron Josie of City Group on your podcast, We're at

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<v Speaker 2>an Apple, We're at Spotify. On YouTube podcasts, single best

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<v Speaker 2>idea