As we have a virtual frontrow seat to listen in on a fascinating discussion between our friend, talmage boston, and former secretary of state, james baker iii. As you know, secretary baker was a powerhouse in washington, d. C. , in the beltway, and literally around the globe as he served as the United States secretary of state and also further served four United States president s over the course of three decades. Secretary baker was scheduled to be our capstone speaker at the 2020 vision for leadership conference. However, he and mrs. Baker contracted covid19. Im pleased to report that they now have covid19, the illness, in their rear view mirror. Today the secretary will be interviewed by talmage boston. Talmage in his own right is a highprofile persona in texas and across the nation. He is a leading trial lawyer. He is known in our profession as what we call a goto lawyer or a super lawyer. Talmage is also a historian, and he has a special focused interest on the qualities of leader
Declining. We saw a constructive things. Waiting for the eighth or ninth year of expansion is not a perfect strategy. There is an issue of wanting to do as much as we can to avoid exacerbating the longstanding inferences and get back to a Strong Economy or we can start making progress again, which is what we were doing in february. Senator smith as the fed chair and at the fed you have the mission of low unemployment and managing inflation. And this need to spur job growth. We said there is not been a big worry about inflation. What if the fed were to lower its target for employment, even under 3 . What impact might that have on addressing longterm needs for addressing inequality. Changeowell we made a in our operating framework which addresses that directly. We will have an estimate of the natural rate of unemployment. We will not act on that, even if unemployment goes below that, unless we see inflation or some other problematic thing that seems to be late to where our rates are. We
Consumer in this covid economy and a ventilator boost from medtronic, but sales for other medical devices remain lower medtronics ceo will join us exclusively later this hour. Carl, jims shaking his head already. I dont know speculative market ive ever seen i was going to say, jim, i mean, what a confluence of headlines and then to layer on what you were talking about with becky, this seemingly endless generational bid for stocks in general. You know, look at these plug power did a deal last week, 38 million shares of 22. 25, norwegian did a deal of 40 million shares at 20. 80, carnival did a huge deal at 17. 59, up huge on that, American Airlines did a deal, huge amount of stock, and about price that is a dollar below where this it is trading. Ive never seen anything like it where are the profit takers . Where are they i dont know. This is listen, we have been talking about this new cohort in the market, theyre for real, man. They are real it is not just ev stocks that are ev Companie
However, he and mrs. Baker contracted covid19. Im pleased to report that they now have covid19, the illness, in their rear view mirror. Today, the secretary will be interviewed by talmage boston. Talmage in his own right is a highprofile persona in texas and across the nation. He is a leading trial lawyer. He is known in our profession as what we call a goto lawyer or a super lawyer. Talmage is also a historian, and he has a special focused interest on the qualities of leadership in the public and the private square. Recently, he authored a book in which he sat down with authors. With president ial historians to examine the qualities of leadership that have characterized various United States president s. Im also pleased to announce this is the sixth lecture in the star federalist papers lecture series. The lecture series endowed by john and marie chiles in honor of judge starr is where we can is intended as a vehicle in which we can learn more about the federalist papers and the role
Food and Drug Administration. A process that could start unlimited 1st shots as early as next month. And u. S. Treasury secretary stephen moore, 10 announced cut offs for the federal reserves Lending Program and hopes to restart stimulus talks, and hopefully will resume negotiations. To see i standing by have a lot to get through. So lets get started. Pharmaceutical giant pfizer is filing for emergency authorization of its coronavirus act seen in the united states. The company is one of many working to fight the spread of covert 19. And as alex mcgill of its reports, it is one of a few front runners that may help the pandemic. The bottles are full and ready to go. Once given the green light, pfizer says that it could start shipping out its Coronavirus Vaccine within a couple of hours. If the value we havent already produced, more than 20000000 doses in our warehouses and to continue as a state producing more and more the Company Promises to have 50000000 doses ready for distribution by