Todays talk by Matthew P Fink is something i have been looking forward to because i like matt. I dont know anything about the subject. I will be learning with you today also. Matt comes to us he is retired now. He spent the bulk of his career with the mutual fund association. He wrote what you described to me as a Landmark Book on mutual funds. He followed it up with this book last year. Carter glass and financial regulation. He has a few images to supplement his discourse and then he will take some questions. Come on up. I have a funny thing happening getting here, i live in ceviches maryland, and then i called for lift, and they came within a minute. I had purely barely put on my tie. I i got my lift as he was pulling away, i realized that i had not put a belt on my trousers. So i had a vision of being on here without having a belt and my trousers falling elm on air. So carter glass, i will talk for 2025 minutes and then take questions. So carter glass, was a major figure in American
Just like year, the unlikely reformer, carter glass and financial regulation. The format today, matts going to talk for however long he wants. We have a few images to supplement then hell take some questions, so come on up. Welcome. Id like to thank chuck and the other people at the Historical Society for having me here today. This is a strange introduction. I had a funny thing happen getting here. I live in chevy chase, maryland, and i didnt want to drive and look for a parking space so i called lyft and they came within a minutes. I was barely putting on a tie, learning how u to tie a tie again and when i get in as he was pulling away, i realized i did not put a belt on my trousers so i had visions of being on cspan with my trousers falling down, luckily, chuck brought me a belt. Youre saved from that, if not my speech. Ill talk for 20, 25 minutes then take your questions. Carter glass was a major figure in American History. A recent writer, richard farley, called him quote, the sing
Me as a Landmark Book on mutual funds by Oxford University press early in the last decade. He followed it up with this book just last year, the unlikely reformer carter glass and financial regulation. The format today, matt is going to talk for however long, we have a few images to supplement his discourse and then you will take some questions, right . So come on up. applause id like to take chuck and the other people for having me here today. I live in cherry chase, maryland and i did not want to drive and look for parking space so i called a lift and they came within a minute. I was barely putting on a tie in learning how to tie a tie again. When i got in the lift as hes pulling away, i realize i did not put a belt on my trousers. I had visions here being on cspan with my trousers falling down. Luckily chuck and one of his colleagues brought me a belt. You are safe from that at least not for my speech. I will talk for 20, 25 minutes and then take some questions. Carter glass was a ma
Which saw the brunt of the fallout. Billion but in60 the positive this tuesday morning. And now performer coming up by 1. 2 at a 52week high. Samsung among gainers. Numbers we sawp today, 42. 9 declines, a long road to recovery for the singapore economy. Malaysia up 0. 2 . Look at where we are in terms of the dollar, showing a little strength today, up for a third day. Forging rising risks holding the dollar with the november elections approaching quickly. Down 0. 4 , still close to a record last week. Good to see the tencent recovery, but not close to making up for all the losses we saw the last two sessions. Our top story with the u. S. Tensions and china retaliating with sanctions on u. S. Officials. And ahead of those trade discussions. We did a phase one deal, it was a wonderful deal. All of a sudden it means very little, that will never pay the loss of life in our country and around the world. We view china differently than we did eight months ago. Yvonne looking at china differe
Mentioned that in the last episode and he was so prescient about this pandemic situation when he predicted sort of a pandemic basically that negative rates were signaling that he predicted that last june or july he says i think we have just witnessed the end of the petrodollar system non us countries will soon see a new unit of account medium of exchange and store of value a new Bretton Woods that will not be decided in america or by americans right well all the key players necessary for that are involved right now saudi arabia russia states so the petro dollar of course was established in the early 1907 days with america and saudi arabia when america defaulted on its sovereign debt remember Richard Nixon defaulted on the dollar default on the treasury market and we went on the petro Dollar Standard because america had to close the gold window could no longer fulfill its obligations to. Its creditors this was the beginning of the petrodollar era and the beginning of all things everywhe