Im Francine Lacqua in london. We have a lot to get through today. We have quite a lot of news. Mark carney and Philip Hammond, and we will get on to brexit. First, let me show you your markets. A lot of the movement we saw in the last hour reports to what we heard from the chancellor and the boe governor. I would suggest it is really what is happening in the u. K. That many to look at. 675. Can see the pound, 1. 2 when it says market matrix, it is basically the difference between the two year gilt yield and the 30 year gilt yield. That curve is kind of flat. The u. S. Dollar, pretty much unchanged at 1197. The two year u. S. Yield, 1. 36. Lets get straight to the bloomberg first word news. Fourter barclays and former executives have been charged with conspiracy to commit fraud. The u. K. Fraud office said john varley and roger jenkins, and oth faced charges, along with the bank. Barclays says it is closed considering his position in relation to the allegations. U. K. , a 47yearold man
Large employers. These are large multistate, and in many cases, global employers. They provide Health Benefits for over 50 million americans in the u. S. This is more of a convener. Together, butyers leaders together, and industry stakeholders together to bring reform,ents to deliver expanded health innovation, and share best practices amongst each other on how to control Health Care Costs to manage conditions, tomatoes pharmacy benefits, plan design, valuebased plan design, and engage employee wellbeing. We also play a role in washington on Public Policy issues related to health care. Packs that you can follow along with the Key Highlights were going to walk through as well as a more of a detailed report available. Spend 20 minutes on comments and then open it up for a q a toward the end. I would like to start before we get into specific findings about three highlevel observations on what i took out of the survey this particular year. First is in relation to the employerbased system.
Good morning. I am president and ceo of the National Business group on health. I welcome you to the briefing on the 2018, the results of the 2018 Large Employer healthcare strategy and plan design survey. The Business Group is a membership based Nonprofit Organization of about 450 Large Employers. These are large, multi states global employers, most all are selffunded. They provide Health Benefits for over 50 million americans in the u. S. This group is more of a convener. We bring employers together, and stakeholders together to advance improvements in Healthcare Delivery system and payment reform. To advance and accelerates and share best practices amongst each other on how to control healthcare costs, to manage conditions and pharmacy benefits, valuablys plan design and engagement and improvement in Employee Health and wellbeing and that impact on welfare strategy. We play a role in washington to represent Public Policy issues related to healthcare. You have with you which can follo
Getting you more prepared if the fed decides to take action this month. You can protect yourself with a little more cash than you currently have, but not anything wholesale, not anything dramatic. I am not in favor of that. If anything, i suggest you stay the court if youre a home gamer. I want to explain to you why i feel were facing a decline of moderate proportions, one worth riding through if you can stomach it. Only the super nimble need to take action on what im about to tell you. Let me explain to you how i envision the risk reward versus some of the other declines weve seen in the last eight years. We have had several major selloffs during that period, and each one has had its own coloration. But only one was worth selling a majority if not all of your holdings into. The actual decline that cut the averages pretty much in half. Yes, the Great Recession decline. Thats the tremendous one that occurred when so many of our institutions, mainly household financials but also many ind
Heres this golden person and then they turn out not to be golden. And most of us deal with that better than she did. They reject her. They reject her and of course they reject her because shes rejectable. There are pictures of her in this book when she was young when she was seeing franklin in the beginning. Shes beautiful. She was. She was beautiful. She didnt know it. She didnt think she was. And of course pictures we see of her shes not. She was. Thats something that surprised me. Were going to invite you all to come up to the microphones in the aisles and ask questions and while were setting up for that, let me ask you one final from me. As you delved into the personal relationships of the Franklin Delano roosevelt wing, whats the Biggest Surprise for you . When we did this . Whats the latest surprise you came upon in the relationships . I guess my theory was that Theodore Roosevelt was terribly important in the lives of both eleanor, who was his niece, and franklin. And that was j