October 2011 that the s p 500 has rallied at least 1 in three consecutive sessions. U. S. Equity futures at this hour, the dow opening higher. S p would open about five points higher. Among our other top stories this morning, were watching oil prices very closely. Brent has been above 35 a bar reversal. Wti above 31. That, of course, as we know can change depending on whatever these ministers that are participating in opec like to say. The late etc. Development, iran said it would support joint efforts by Top Oil Producers to stabilize prices. The market had been waiting to see where iran would come down on that. It did stop sort of committing to those output curbs. St. Louis fed president making headlines. Hes been a prominent advocate of higher Interest Rates. In a speech yesterday, he said it would be unwise to move any further, citing weak inflation and global volatility. Bullard said he wouldnt be comfortable with further hikes until the downward inflation trend reverses. Hes a Vo
Afternoon. Thanks for coming out on this beautiful saturday it is great to see you here. I am one of the odors with politics prose we welcome you. I just want to mention housekeeping if you have a cell phone please silence it i would invite you come to the microphone if you have a question. Were videotaping this and is cspan is here it is helpful of people can hear the questions. He did not need to foldup your chairs please leave them we have other events today. Click his book is right here. It is terrific we have plenty of copies. If you are missing a the coffee shop with renovation we have installed a temporary coffee cart downstairs but you are desperate at any point after this event please feel free to go buy some coffee or tea or pastries. For me this is a personal pleasure to introduce not only a terrific author but a friend and former colleague, the alec ross. We worked together at the state Department Undersecretary Hillary Clinton in the first time i met him i realized he was
Than 200 years. Replacing the old model will be a Global Digital economy fueled by advances in Information Technology, data crunching, automation and robotics as well as advances in genetic and biological sciences. Thats a lot, but to really understand the gravity of what im talking about, it is useful to go back in history and see how transformative past Industrial Revolutions have been. In the late 1700s the british pioneered the use of water, superheated into steam by coal to power mechanicized production. That led to factories dotting the countryside producing clothes and textiles. The second Industrial Revolution in the late 1800s switched to coal power to electrical power to create mass production. The economies of scale involved change the course of Human History by destroying Cottage Industries and luring millions of workers from the fields to the cities and towns. The third Industrial Revolution in the final decades of the 20th century took off with the use of electronics and
Industrial revolutions have been. In the late 1700s the british pioneered the use of water, superheated into steam by coal to power mechanicized production. That led to factories dotting the countryside producing clothes and textiles. The second Industrial Revolution in the late 1800s switched to coal power to electrical power to create mass production. The economies of scale involved change the course of Human History by destroying Cottage Industries and luring millions of workers from the fields to the cities and towns. The third Industrial Revolution in the final decades of the 20th century took off with the use of electronics and Information Technology to automate the mass production. That computer revolution created all the devices we cant imagine living without today. The fourth Industrial Revolution, the one thats now underway, is being fueled by billions of people and things connected by mobile devices with unprecedented processing power. More Storage Capacity than you could ev
A Global Digital economy fueled by advances in Information Technology, data crunching, automation and robotics as well as advances in genetic and biological sciences. Thats a lot, but to really understand the gravity of what im talking about, it is useful to go back in history and see how transformative past Industrial Revolutions have been. In the late 1700s the british pioneered the use of water, superheated into steam by coal to power mechanicized production. That led to factories dotting the countryside producing clothes and textiles. The second Industrial Revolution in the late 1800s switched to coal power to electrical power to create mass production. The economies of scale involved change the course of Human History by destroying Cottage Industries and luring millions of workers from the fields to the cities and towns. The third Industrial Revolution in the final decades of the 20th century took off with the use of electronics and Information Technology to automate the mass prod