12 30 p. M. Welcome. I have the happy task of introducing your president and my friend marnie sandweiss. We will present this room and tell the story of marnie and me and her work, which got us all here. Let me start with the magical alchemy of graduate school. All of us leadheaded thinkers turned into scholars and teachers. The process works Something Like this. Imagine a group of students as a cohort. The cohort becomes classmates. The classmates become colleagues. And once in a while they become lifelong friends. So, colleagues, cohort, classmate, colleague, and that golden thing, a friend. I am cheating a little bit because she came to yale to study with Harold Lamarr a year after me and she was in the History Department and i was in that ragtag group in american studies. [applause] not a cohort exactly. We did become friends, puzzling throughdings, yawning brilliant, but sometimes excruciating seminars. Western history, some of you may know, was taught in the basement. And on frid
This has been ash from w from war. This has been the cry for mankind for years. He lashed out against witchcraft. Theso in med and efforts to epidemics of, too often in ing despite the raging panic of ignorance, the lurking danger of contagion, scientists of many nations want to work. Painfully, they labored into a light of knowledge, using every means of communication to share their findings with each other. Dutchman Whose Research helped provide scientists everywhere with a new and powerful version of the microscope. Enemy last, the hidden could be examined under the probing light of science. The hunt was on for contagious diseases, wherever they existed. In italy, pioneering the work on the origin of microscopic organisms. Didnt permutation appear in containers, but only with contact of mechanisms in the air microisms in the air. Jenner in england painstakingly evolved the vaccination, and a little british girl was the needle ave a vexing vaccine needle. France, his was the brillian
And global names are all taking it on the chin. The market itself is down close to 40 from highs reached a little more than a month ago. And this is feeding on itself. Now, the excuse de jure seems to be the fact that the senate could not cobble together a rescue package late last night. 2 trilliondollar package, democrats say was tilted too much towards businesses. Now theyre scrambling again to come up with something that might be more mutually acceptable. Questions whether it is too little too late. If you consider the 3 1 2 to 4 trillion that the Federal Reserve has provided through everything from cutting Interest Rates down to essentially zero to buying mortgagebacked securities, buying corporate paper, buying anything that they can get their who little hands on to get the cash in the system, that is what it is all about, get cash in the system so people dont feel theyre frozen out, or there is no money available, you hear a lot about this quest for liquidity. Liquidity, my frien
[ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] im jamie colby on the outskirts of chicago on my way to meet a guy whose strange inheritance takes us back to a time when american cars rule the road, america herself leads the free world, and a workingclass kid from the midwest just dreams of making it home. My name is Matt Litavsky. My father meant the world to me, and he left me a very special car that meant the world to him. He chose me to preserve it, but there came a time when i had to let it go. Hi, matt. Im jamie. Hi, jamie. Its nice to meet you. I know i came here to see your inheritance, this magnificent car, but when were done, you got to take me for a ride in this. All right. Well see about that. Im on my best behavior. Okay. To appreciate the car, says matt, you first need to know about his dad and why his 1967 corvette meant so much to him. Keith litavsky is born in lisle, illinois, in 1944. World war ii is drawing to a close. The cold war is about to begin.
2700 journalists and analysts in over 120 countries. Trading. I am Karina Mitchell. Edging into the red after two days of gains gains. This is bloomberg. We had to the end of december. Nejra lets kick off the show with the u. S. And the year end it has been a good month. Melt up. Equities in europe and u. S. And in asia. It. Arie hordern has the dollar on a third day of decline. This has been a melt up but it a 10year yield study for the Asian Session but we edge up has been a stellar year for three basis points. Equity especially u. S. Equities you are seeing a little bit of but we are badly overbought. We could see this technical rest gauff of equities. Signal. Lets get to bloomberg first this is one of the things to watch for but for 20 20, we are word news. President donald trump is seeing a lot of calls come in facing criticism for ousting the seeing a lot of optimism. Allegedly whistleblower. Nejra thanks so much. Heres what our guests have been a lawyer who specializes in saying