From the Hudson Institute this is an hour and 20 minutes. A special welcome to those of you who are watching online into the viewers on cspan. I am seth cropsey. The senior fellow here at hudson. Welcome to our conference on chinas recent actions that aim to establish their own order in the Taiwan Strait. As you will hear in greater detail from our panel this morning china unilaterally changed the status quo in the first week of this year. The changes were made despite agreements between taiwan. And then again in 2015. These provided for mutual consultation to any change in aviation rates. This violation is part of a larger broader pattern of chinese provocation. For example the chinese Aircraft Carrier goes through the Taiwan Strait. One day after the aviation route changed since the taiwan president was inaugurated. They had circled taiwan nearly once a month. This is consistent with chinas policy that seeks to enjoy the benefits of an International World order for the purpose of rep
Will join us on set and talk earnings, technology and perhaps future were watching Hurricane Irma. President talks tax reform today. Europe is relatively mixed our ten year yield below 207 this morning stocks set for a rebound futures point to a higher open big tech leading the premarket. Its one of the most powerful storms recorded. Puerto rico and the florida coast bracing for land fall by this weekend. Meg whitman on set. The ceo joins us live at post 9 in just a few minutes. Futures are in the green following tuesdays sell off in which financials suffered the worst day since may. Treasury yields hit the lowest level of the year. We talked about banks yesterday getting hit by not just the lower rate environment but the prospect of insurance pay outs. They were pressured across the board. Plus all the dovish fed speak is getting people to say maybe the banks wont be helped by a regular tightening path next year and that all came to pass youre not seeing any real concern about Financi
Set back from the brink, putting independence on hold and calling for negotiations with madrid. Betty we hear often, what are the black swans out there . Perhaps a few months ago you would not have heard catalonia who would have thought this . We have seen Market Reaction in europe in particular to the further independence moves by catalonia. Spain saying this is deferred independence we are facing. I want to show a quick chart to show so far how isolated this is. It looks like it could possibly spread. 99, the white line showing you that point where we started to see more and more about the independence referendum. Falling, dramatically diverging with the euro stoxx 600 index. That gap looks to widen as we see a bigger and bigger rift between catalonia and the madrid government. Yvonne seems they are still delaying this independence push. Country, the politics and economics side of things, threatening a key economic region for spain in particular. We heard from of the imf, they have r
Facebook, the amazon, the netflix and google, now alphabet i get that, too. Theyre whats called a crowded trade meaning anyone whos anyone seems to own them, right . On a day where the averages meander with the dow dipping 15 points, s p backsliding 1. 2 and the tech domain that is the nasdaq declining for 4. 7 , you know what, it might be worth remembering why we used to like tech in the first place and why despite what you see and hear maybe you shouldnt give up on it so easily as so many are doing right now. Let me give you some context despite the fact that so many people are worried about the valuations of Technology Stocks the house of pain you need to look at what else is out there to see why tech is maybe a little more special than you think. Why dont we start with nike i love the company thats nike i shot clock shoe dog, the autobiography of the person who founded nike is unbelievable its an unbelievable story how a Little Company from the great state of oregon took on all the
Thank you members of the city club. I want to First Express how grateful i am for the privilege to come here and speak with you today and understanding the history of this Amazing Organization is important to me. Im a bit of an ohio native in the sense that i was chief of staff for four years in the southeastern part of the state, a little area called belmont county. That was a congressional district. Along 77 and south it was the congressional hub of that district. Importance ofhe the city club and the luminaries who come before me. I dont pretend to be the caliber of people who have spoken before you. I want to thank you for the opportunity to be here. I think donald trump is the greatest political phenomenon of our lifetime. For everything he has attempted to achieve he has been successful, whether it has been in the new York Real Estate world. Whether it has been a bestselling offer. Bestselling author. I want to take you back to the ininning of the campaign january 2015. Long befo