Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Captioning performed by vitac there are some well known differences in the current economic environment compared to past environments that make the yield curve a little less of an indicator. The probabilities are pretty high. If you take the unjusted measure, and the other financial variabilities, a year from now, the Second Quarter of 2020, the probability of recession is roughly twothirds. If i make an adjustment, its still high, its not far away. The shaded bars represent recessions. Every time this measure goes over 40 , weve had a recession. And theres a lot of more fundamental reasons to be a little nervous about whats going on out there and why recession risks are high. If you look globally, a number of Major Economies are already in recession or pretty close. Germany, italy, the uk, brexit is complicating things for them. Mexico, brazil, singapore, its small but most open economy on
Innovation panel. Weber honored to have dr. Anne schuchat, the center for Disease Control and prevention, and our second panelist is dr. Daniel salmon, Bloomberg School of public school. We are very honored to have the help and security interface from the World Health Organization joint joined us and he is going above and beyond the call of duty as he is alone in from australia through los angeles and took the redeye to be here this afternoon. He has come really above and beyond the call of duty. And then a final panelist is doctor irene koek, acting assistant administered for Global Health United States agency for international development. We will have a similar format of our last panel, and i would also maybe encourage the panelists if they feel the urge to ask one of their copanelist a question that just interrupt me and do it. Ask a wrong question, they just restate the question you would rather answer and go for it. What we are way behind so well probably go to audience q a much
There are going to go ahead and resume. Once introduced quickly our panel of speakers. This represents more of an institutional leadership and Innovation Panel where pariente have Anne Schuchat from the center for Disease Control and dr. Daniel salmon director of the institute for vaccination safety at Johns Hopkins university. We are very hard to have that there Maurizio Barbeschi health and security interface from the World Health Organization join us and hes gone above and beyond the call of duty as he came to los angeles and took the red eye to be here this afternoon so he has gone above and beyond the call of duty. Our final panelists is that your irene koek the administrator for Global Health United States agency for international development. We are going to have a similar format for a last panel and i would also encourage the panelists if they feel the urge to ask one of their copanelists a question just interrupt me and do it and if i asked the wrong question as david said on
And ready. I wish i could say that we always know how to respond, but the early days of the decline, well, they are never easy to navigate first, lets borrow a line from the fabulous all happy rallies are alike. Each sell off is happy in its own way. Bull markets send it off higher and most think they are genius for participating. It seems easy. Big declines, much harder because they could be the start of a bear market they could be just the beginning of something unfathomable or might be a glitch. Thats why i want to use history to try to identify some of the common qualities so that you can figure out how to handle these ind moments of weakness without panicking. Let me offer words of relief, sanity and real, not fee knn pht real assurances. There are two truly horn rrendo sell offs, the crash of 1987 and the rolling crash of 2007 to 2009 i could have done the nasdaq crash but the s p held up well lets deal with these two big ones, though, head on. Because these two declines are grea
Test. Captioning performed by vitac other questions . Yes, sir. My name is zumerisan, the executive director of Public Health for harris county. I just flew in from houston so i missed almost the entire day. Anything i say, if its completely off, i completely apologize. Just wanted to say that up front. I actually have a question for you. Im also associated with the National Association of county and city house authorities which represents close to 3,000 local Health Departments across the u. S. And we are very much interested in really this really Global Learning that really impacts domestic local Public Health, domestic Public Health practice here in the u. S. As were going through this process were learning that a lot of organizations that were getting to are very much very interested in the Global Health space, so they are doing Global Health work, but not interested in Domestic Health, or theyre doing Domestic Health work and not interested in the Global Health aspects. So as we t