Long would it take under reasonable circumstances, to sell the underlining asset . Remember that whether the investor is a Retail Investor or an institutional investor, you dont own the most liquid bit of the fund. You own a socalled vertical slice, or a proportion of all the funds assets. When you redeem in a perfect world, the fund is selling that vertical slice or giving you a price that would be consistent with it having to do that. The first thing is to understand the liquidity. The second is to play with two variables one, the price, the price discount that would be applied if the money is paid out n the timeframea to sell the represented a proportion, and the second factor is to adjust the redemption term upfront to reflect the time it would take to sell. And obviously there are combinations of those two that could be determined. So we have set out these this broad approach, as you have seen described in the report, and jointly with the fca we are going to consult and examine th
His own apartment by a White Dallas Police officer called the guilty verdict in the case a huge victory. A texas jury convicted former Police Officer amber guyger in in killing of botham jean 2018. Geithner was off duty but still in uniform when she shot the accountant. Geithner testified she mistook jeans apartment for her own after a long shift and that she believed he was an intruder. She said she could for her life. Her lawyers call the shooting a tragic but it isnt the state. We the jury unanimously find the defendant amber guyger guilty of murder as charged in the indictment. No outbursts. It is signed by the presiding juror, juror number 11. Prosecutors question how she missed numerous signs she was at the wrong apartment. The jury is expected to return this afternoon for the punishment phase. Guyger faces five deal 99 years in prison. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crump
Gun violence. The Democracy Alliance Senior Advisor discusses her recent piece in the nation magazine, the Republican Partys white women problem. Roblem o. Host good morning. It is friday, september 6, 2019. Welcome to washington journal. There has been a notable update in a mission and outlook of a Major Business group, one representing some 200 Bluechip Companies that perhaps reflects the changing views in america over who corporations should be responsible to. This first hour, we will talk about that. Who should corporations be responsible to . 2027488000 is the number to call for democrats. 2027488001. E and for all others, 2027488002. You can send us a tweet at cspanwj or post comments to facebook. Com cspan. In addition to the change of the Business Roundtable outlook, perhaps the increasing crossroads between Public Policy in corporations like Johnson Johnson and Purdue Pharma over the Opioid Crisis or walmart and the gun violence privacy concerns over corporations like facebook
Joining us is josh brown. I think this is so important, we have this continued strength in the big indices and faang is not leading. This is the thing that everyone has always said. Its a very narrow market, only a handful of stocks. That is not whats get on this year yes, theres been huge performance in some of the faang names. A lot of that was recovery, but you have a broadened rally, something weve been looking for for a long time, and you have great rotation you still can get new highs out of the indices one thing i think is indicative of that, boeing down 2. 7 , give or take, thats the biggest weighting in the xli, almost 9 . Caterpillar, also a bad day. Thats either the third or the fourth biggest weight in the xli. Despite the xli, its doing great. You have other names picking up the slack. And that tells that theres strength everywhere. Thats really what a lot of people like myself have wanted to see. Of course in a price weighted index like the dow, they are dragging. Boeing
Fallout. Deutsche banks sweeping turnaround gets a thumbs down from investors but what will it exit from equities mean for other banks . Tech tensions. Japan says a resolution to the trade spat with south korea is dependent upon souls response. We should hear more about that this hour. Is the European Market open, 29 minutes ago until the start of the European Equity trading day. Bitres look a little sluggish. We are slipping around the Global Equity story. We were slipping on wall street yesterday, slipping in the asian section, slipping back on european futures, slipping and waiting to hear from fed officials, waiting to hear from the fed because the market is betting we will get a rate cut in july despite the strong data on friday and the markets will be looking to test that theory dayshe hypothesis in two of testimony from Jerome Powell. Lets show you where we are on equity markets. Is close to the markets right now, that is something we are watching and watching fed minutes on wed