I am going to take the opportunity to introduce to you the founder and president of the wealth and values initiative. [applause] jeremiah good morning, everybody. I want to start off by thanking the American Veteran center for this spectacular series of events, and for their Wonderful Service to our country. I also am so impressed with the quality of the young people here today. These young, high potential military leaders inspire confidence in me as a father of four with three grandkids in terms of the future of my kids and grandkids in this country. I also am very appreciative of a special group of the initiative that are here today. Having come from across the country. You have no doubt seen the formal side of peter cuneo in his bio in your program. As a leading turnaround expert, if you go to forbes. Com, they say he is top 10 up there was steve jobs and others. His most notable turnaround was marvel entertainment, which he took out of bankruptcy and sold to disney nine years later
Jeremiah good morning, everybody. I want to start off by thanking the American Veteran center for this spectacular series of events, and for their Wonderful Service to our country. I also am so impressed with the quality of the young people here today. These young, high potential military leaders inspire confidence in me as a father of four with three grandkids in terms of the future of my kids and grandkids in this country. I also am very appreciative of a special group of the initiative that are here today. Having come from across the country. You have no doubt seen the formal side of peter cuneo in his bio in your program. As a leading turnaround expert, if you go to forbes. Com, they say he is top 10 up there was steve jobs and others. His most notable turnaround was marvel entertainment, which he took out of bankruptcy and sold to disney nine years later for 4. 5 billion. Anybody here a fan of marvel . Every hand. I want to share briefly little more on the personal side, having ha
Recently traveled to indianapolis to learn about the rich history. To watch more history from indianapolis and other stops on our tour, visit cspan. Org cities tour. You are watching American History tv all weekend every weekend on cspan3. Peter talks about lessons from history that shaped temp during his Vietnam War Service and later as a businessman and leader. He is the former president , ceo and board vice chair of Marvel Entertainment. Part of anation was annual conference and washington, d. C. I am going to take the opportunity to introduce to you the founder and president of the wealth and values initiative. [applause] good morning, everyone. I want to start off by thanking the American Veteran center for this spectacular series of events. Servicetheir wonderful to our country. I also am so impressed with the quality of the young people here today. These young, high potential military leaders inspire confidence in me as a father of four with three grandkids in terms of the futur
Some good news in australia, the . X up 1 3 of 1 thailand has just come online. Pretty flat. It was growing by 2. 8 in the second quarter, pretty much bang on estimates. I will get to currencies in just a moment. Witness coming through the rest of the asian region. Weaknessdown 1. 5 coming through the rest of the asian region. Malaysia down 1. 5 . The shanghai composite down by 3 4 of 1 . The only sector higher in that market is health care stocks. Most of the weakness is moving in following the gains we saw on the shanghai composite on friday. Lets have a quick look at the malaysian ringgit, tingling its slide against the u. S. Continuing its slide against the u. S. Dollar. Its at the 17year low, levels we havent seen his 1998. Other currencies under pressure seen since 1998. Other currencies under pressure. The socalled troubled five could become the troubled 10. The south korean won is down. The thai baht also falling. Those currencies doing a woozy. Chinas economy could be growing
Roughly where they are. And any motion there is going to be slow and deliberate. Lets get to bob pisani on the floor of the new york stock exchange. It is the newest leg of this rally, Dow Jones Industrial average at a high for the year and much of it is being fueled by that weak dollar set off by the fomc announcement yesterday. Want to show you that dollar index. Dollar lost 2. 2 against other currencies just in the last 24 hours or so. Thats a huge move. Big move and big help from materials and industrials and Energy Stocks. Look at caterpillar here. Caterpillar gave the worst kind of profit warning, dropping essentially dropping profits 30 in the First Quarter and the stock is up 1 today. Look at that. Moved about 3 . This is a twoday chart. Thats a sign of how powerful the weak dollar rally has been. Now, take a look at other commodity needs, throw in a couple of names, free port, alcoa, devin energy, Energy Stocks moving today. This is the second day of a notable rally. Put the s