WEBVTT - Single Best Idea with Tom Keene: Dean Curnutt & Patrick Murphy

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

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<v Speaker 2>A single best idea on what was such an odd day.

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<v Speaker 2>Economic data came out. Exports actually pretty sprightly, import pricing.

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<v Speaker 2>This is a secondary data, but you know, sort of

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<v Speaker 2>the economic jumble out there. But it was the headlines

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<v Speaker 2>of the war which allowed for sort of like a

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<v Speaker 2>grudging up. I don't know where we'll be in one hour,

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<v Speaker 2>or one day or one week, but certainly the market's

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<v Speaker 2>moving headline to headline. Alexander Semanova was in off the

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<v Speaker 2>Jeffreys research of ten days up for the Nasdaq in

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<v Speaker 2>a really remarkable how rare that is. It was a

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<v Speaker 2>great conversation just about I think it's ten times since

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<v Speaker 2>two thousands, she said, ten times this century, and of

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<v Speaker 2>course I was going back to nineteen twelve, which wasn't

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<v Speaker 2>quite where the research was. Dean Kernan knows what Centuri's in.

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<v Speaker 2>He's with Macro Risk Advisors. A great conversation on derivetives here.

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<v Speaker 2>Dean Kerrent on the modern tweet.

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<v Speaker 1>Well, you give the President of the United States a

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<v Speaker 1>Twitter account and allow him to escalate and de escalate

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<v Speaker 1>through tweet. Perhaps there's a new Greek called tweet Gabba,

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<v Speaker 1>which is you've just got to follow truth. Social you

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<v Speaker 1>have to appreciate the uniqueness of this specific risk event.

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<v Speaker 1>Kevin Wirsch once told me, if you've seen one financial crisis,

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<v Speaker 1>you've seen one financial crisis. There is commonality, but they're

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<v Speaker 1>all unique. A decade ago was Brexit and we were

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<v Speaker 1>following British pound ball. Right now, it's crude, and that's

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<v Speaker 1>the epicenter of every single correlation out there. It drives

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<v Speaker 1>the vis It drives the move Index, the S and

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<v Speaker 1>P credit spreads, and Trump drives crude.

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<v Speaker 2>Dean Kurrent with US. Patrick Murphy joined US with Hillco Global,

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<v Speaker 2>but far more importantly the former undersecretary at the Army

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<v Speaker 2>huge qualified and teaching at west Point. We got an

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<v Speaker 2>update on the war.

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<v Speaker 3>You learn about what we did, and then during a

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<v Speaker 3>Cuban missile crisis, you know kind of what started that.

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<v Speaker 3>But as you know, I taught at west Point for

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<v Speaker 3>years and I still lecture at the US Army War College.

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<v Speaker 3>You had to know all the demands domains of warfare,

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<v Speaker 3>you know, land, sea, air space, and cyber. So you know,

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<v Speaker 3>that's what we try and do at HOKO Advisory HOCO

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<v Speaker 3>Global for our advisory group, and I tell you the

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<v Speaker 3>world has never been as bald as it is right now,

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<v Speaker 3>at least it feels that way.

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<v Speaker 2>Hugely valuable conversation with Patrick Murphy. He was just absolutely brilliant,

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<v Speaker 2>like blockades and how do you treat them today? And

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<v Speaker 2>also on this thing that's really burgeoning as a point

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<v Speaker 2>of study and innovation, and that is drone warfare. We're

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<v Speaker 2>out on podcasts, We're at Apple, we're at Spotify, at

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<v Speaker 2>YouTube podcasts. It's single best idea.

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<v Speaker 1>Mbal are contes below, including Rangers