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Michael Gordon

Appearances

Matthew Cox | Inside True Crime Podcast

Fraudsters Break Down Hilariously Bad Scams That Went Viral

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Did you see that? That all-person look.

Matthew Cox | Inside True Crime Podcast

Fraudsters Break Down Hilariously Bad Scams That Went Viral

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What do you mean?

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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The uncertainty that we have is prohibiting putting in longer-term solutions.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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You've got a lot of products in containers ready to go, and I'm sure they'll be on ship soon. The next issue with that, of course, is are there enough containers? Are there enough ships? So my guess is we're going to get into some sort of congestion.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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So they just haven't ordered. And in the U.S., you'll see that in the next two or three months. There'll be increasing amounts of empty shelves in retailers because there's a lag effect between not ordering and it getting through the system and showing up in the retail stores.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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If we're a global player, do we need to have multiple supply chains effectively servicing different geographies? All that is incremental cost. So I think we're heading into a higher product cost environment under pretty much every scenario. It's Wednesday, May 14th.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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If you're in the rest of the world, there's actually pretty good deals to be done with China right now. For us to buy products to sell to Australia, it's even easier from China because there's more capacity available because all the volumes have dropped going to the U.S. Now, in the last two days, that may have changed because of the alleviation of the level of tariffs.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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Of course, what the shipping companies will do is they'll divert more ships to the US to serve that market, which means less sailings to other parts of the world. So you then get a supply chain disruption because of that imbalance of that global supply chain.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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Okay, so follow this bouncing ball. Where does that take us to? The importance of finding great value for both retailers and manufacturers I think is going to be the big trend. And I think you'll start to see it in discount stores, in value stores, because we're going to see more and more customers dropping into value retail who might have previously been mid-market or even high-end.

WSJ What’s News

Tariffs Are About to Separate Retail’s Winners and Losers

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In every environment there's winners and losers. I think value retail will be the winner.

WSJ What’s News

Trump Officials Debated War Plans on Unclassified Chat App

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Signal is a popular app for holding private discussions, but national security experts say that government security procedures do not allow it to be used to convey classified information. The government has its own secure communications channels for that. The subject is likely to come up Tuesday when top Trump administration officials testify to the Senate Intelligence Committee.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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The purpose of the meeting is to sort of right the ship after that very fraught meeting between President Trump, Vice President J.D. Vance, and Zelensky. The vibes are good. The proof will be in the pudding.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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The vibes are good. The proof will be in the pudding. What the Ukrainians have suggested in recent days is they're preparing to offer some sort of ceasefire that would apply to airstrikes involving Ukraine and Russia and perhaps attacks at sea. And indeed, they seem to have underscored that. the importance of that with a fairly sizable drone attack on Moscow overnight.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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And Secretary Rubio on the plane over here to Jeddah, he spoke to us just as we were landing. And he said he was hopeful there could be progress in this meeting today and that the hold on arms and intelligence to Ukraine would It was a pause that might soon be lifted.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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A ceasefire would be an initial step to lay the groundwork for prospective peace talks. It really couldn't be an end in itself, not as far as the U.S. is concerned, and not for the Ukrainians either. I mean, one reason those talks in the White House were so difficult is the Ukrainians want some sort of security guarantees. They note that

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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The Russians seized Crimea in 2014 and then came back eight years later and launched a full-scale invasion of their country. So Zelensky's argument is Putin can't be trusted. And therefore, if there is to be a peace settlement, there has to be some sort of security guarantee or arrangement where the U.S. backstops British and French troops in Ukraine or something to make sure that agreement holds.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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The Americans today have been reluctant to provide it. So there are not only things that have to be done on the Ukrainian and Russian side to cement a peace, but there are things that have to be done on the West side as well.

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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Well, Secretary Rubio is not here alone. The National Security Advisor

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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mike waltz is here as well and they were also involved in the talks last month in riyadh with the russians so i think they do speak for the administration but one gets the sense that they're trying to make the policy work as effectively as possible and president trump at times can be a little unpredictable and he certainly speaks in harsher terms about the ukrainians so there's that to take into account but you have to assume they were sent here for a purpose

WSJ What’s News

Musk Admits ‘Difficulty’ Running Businesses Amid DOGE Work

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And we'll just see at the end of the day what comes out of this.

WSJ What’s News

Boycotting Target, Part 1: How It Doubled Down on DEI, Then Backed Off

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They, like a lot of retailers, we think are in a little bit of a tricky situation where they're trying to appease and please many different constituents. But they did make a pivot. And so we think they sort of adapted well to that issue. And so that in and of itself, their focus on DEI or other kinds of initiatives didn't really change our view of the company for the longer term.

WSJ What’s News

Boycotting Target, Part 2: Is Its Business Paying a Price?

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It hasn't done particularly well, but we think that's reflected in the stock price. We think there's a lot of bad news priced in.

WSJ What’s News

U.S. Could Pause Ukraine Talks If Progress Isn’t Made Soon

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This agreement's been promised several times and hasn't quite materialized, but he said it's set for next week, and that would certainly reinforce a possible sense of momentum. We should wait and see what happens in London next week, whether Witkoff, in fact, attends, as the French have indicated he was. There was no confirmation of that on the U.S. end, so that's going to be an important sign.