Im so sorry that we cant all be together in person although i very much hope it will be sometime soon. In the meantime it is nice to connect this way. Stay tuned. We are putting together virtual content they will be rolling out over the next few months to look in your inboxes for the information coming to you. In the interim i am so pleased to welcome Douglas Murray to our events this afternoon. He is a journalist and im sure many of you if not all have read his work and of course in the spectator where hes an associate editor and also an author most recently the 2,019th of the mat is of crowds and he was with us in person just after the publication of this book. Douglas is a critic and while he is an observer of all things, im not sure if he knew the subjects of the most recent book and this one at this particular moment in time but they have and its for that reason and many others but its my pleasure to welcome you to our events this afternoon. Thank you very much. Its a pleasure to
Please welcome our guest speaker. [applause] hello, guess who i am. [laughter] if i have to give you an introduction about tara, you need to just get out of the whole you have been living in for a while because her book has just celebrated the hundredth consecutive week ahead of michelle malcolm, michelle, down there thats very cool. Im assuming that a lot of people are familiar with the narrative, and thats why youre so interested and youre s still here for the last lecture on the second day. I thought we would still go through some of her story because its so gripping and it starts in idaho, and actually to me at such a beautiful setting, there must be a lot of beautiful memories you still have from that. Yes. It was a really Beautiful Mountain that i grew up on. I still have really fond memories of being on that mountain and of playing on that mountain, i think its an incredible, we had this entire ground and wonderful space and a lot of great things that can happen. I guess we were
There is no evidence of a crime. This isolation has been used [inaudible] mark whelan who holds british, irish, and Canadian Citizenship was arrested in moscow of december of last year and charged with espionage which carries up to 20 years in prison. He has complained about poor conditions and said his life is in danger. Nebraskas highest court has lifted one of the last major hurdles for tc Energy Policy keystone xl pipeline but challenges remain for the 8 billion project which has been on the drawing board for a decade. The project is tied up in a legal battle in montana over itmits and tc energy says has already missed the window for beginning Major Construction work this year. Environmentalists claim the pipeline would contribute to catastrophic climate change. David cote him an industrialist libertarian and philanthropist is dead, according to the bloomberg billionaires index, he about 59h of billion, tying him with his brother as the worlds seventh richest man. Coke industries,
Funding. And twitter Ceos Jack Dorsey purchasing more stock. Are investors buying it . As we said some big earnings from the likes of apple and facebook. We have the fed meeting two days. We have the jobs number. The french Elections Come up this weekend, jim. Everybody is looking at seasonality trying to figure out what may means for stocks. What are your thoughts . Well, for years i always felt that you do not want to be in tech because were about to go into the summer slowdown for europe. Actually, europe is much stronger this year and i no longer feel like theres a sell in may problem with tech. We know that sell in may doesnt work. Its 5050. But there was a basis for it and the basis for it was most companies in europe just shut down for july and august. So you have to anticipate that. Thats not going to happen. Instead, it might be the other way. I think europe leads us right here. Meanwhile, guys, obviously, big week in congress. David, i know youre going to tackle some of the i
Our road map begins with ge, immelt is set to retire this summer the tech stocks are on track to tumble apple under pressure missolo downgrades apple first up, jeff immelt is resigning as the Ceo John Flannery will take over we have talked about immelt and ges trouble just trying to keep pace with the dow. Really since his tenure began. Its the worst performer in the dow since he came in apple hes down 31 some people can always argue at that moment that he came in it was a high water mark. Others have said, listen, he did cut the dividend, but many who cut the dividend i think thats whats happened when you compare him to a honeywell, when you compare him to david cote, even to greg hayes at united technology, difficult to compare very difficult to compare. Meaning immelt does not meet their standard its empirical. Im not saying listen, i know the guys, i know them pretty well, and they were able to reshuffle the portfolios in ways that generated a much better return honeywell did a muc