Good afternoon. Good afternoon and welcome to the American Enterprise institute. I am a resident scholar and Financial Service organizer of todays event. This afternoon im pleased to host matthew to discuss his new biography one of the most influential politicians of his time in an architect of key legislation that shaped the American Financial system. Carter glass was born in 1858 in lynchburg virginia and grew up in the reconstruction south. The philosophy on the role of government was shaped by it the views of Thomas Jefferson a fellow virgin and born just 70 miles north of the virgin upon. From 1903 until the early 1940s, carter glass played a key role in every important financial legislative debate. His colleagues in the house and later in the senate, both the democrat and therefore can recognized glass is to go to expert when it cam comes to bang issues. Carter glass was a politician meaning he was an expert when it came to reading the political tea leaves and crafting compromise
This afternoon im pleased to host matthew to discuss his new biography one of the most influential politicians of his time in an architect of key legislation that shaped the American Financial system. Carter glass was born in 1858 in lynchburg virginia and grew up in the reconstruction south. The philosophy on the role of government was shaped by it the views of Thomas Jefferson a fellow virgin and born just 70 miles north of the virgin upon. From 1903 until the early 1940s, carter glass played a key role in every important financial legislative debate. His colleagues in the house and later in the senate, both the democrat and therefore can recognized glass is to go to expert when it cam comes to bang issues. Carter glass was a politician meaning he was an expert when it came to reading the political tea leaves and crafting compromises that could be passed into law. Never an ideologue is willing to empower the federal government is in his judgment, circumstances warranted. While not a
Investor that it would be hard to keep track of everything you do and a lot of this stuff is much more important than the day to day action. Without the right discipline, the right frame working the right dare i say philosophy, youre going to get yourself into trouble but i also know big picture Financial Advice is hard to process a lot of it seems down right contradictory to most people we tell you to have conviction, to stick with the companies you believe in and say you need to be ready to change your mind on the dime you need to be cautious because its so dangerous out there but you also need to be ready to pounce on opportunities when they spent themselves. You need to be skeptical but you also need to know when to suspend your belief, disbelief you need to avoid chasing stocks that have run too much, but you also shouldnt care too much where a stock is coming from if you believe its headed higher you know the rules, it doesnt matter where a stock has come from, its where its head
Stocks sitting just off the lows of the session down is dow, s p 500 down about a half a percent we had seen more than a 1 decline. Now down by. 9 two big dow downers. Boeing falling for the second day as the fallout keeps getting worse. Also a downgrade today from Wolf Research and check shares of 3m heading lower. The stock is down nearly 20 from its 52week high and shares of tesla on track for its worst day of the year. This after a posting a loss to the quarter announcing its long time cto is moving to an advisory role. Thanks. The two other big stories today, alphabet and amazon are on the clock because theyre r reporting after the bell their stocks are higher this year but with the doj taking aim at big tech, should investors be concerned . Diedra is here tracking amazon for us josh is in San Francisco looking at alphabet. Josh, start with you so its up about 8 this year that means it is badly lagging both the market and the tech sector ive checked in with sun trust yusef. He lis
This coming after an explosive hearing at hill between democratic lawmakers and former i. C. E. Chief tom homan. Im extremely frustrated. Im not calling on you, sir. Of course not. Your comments are disgusting. I find your comments disgusting as well sir. I served 34 years. Charles National Border Patrol Council president , workers at one minnesota shipping facility using amazon prime day to go on strike, what they are going, what are we going to find out how we impact that juggernaut that is amazon. All that and so much more on making money. Charles treasury secretary steve mnuchin. Thank you for being here. Recently as you know there has been a great deal of interest about Digital Assets including cryptocurrencies such as bitcoin and libra. There are many regulatory, and supervisory questions regarding libra, Virtual Assets and Virtual Currencies but i will focus primarily on the serious concerns that the treasury harassing growing misuse of Virtual Currencies by money launderers, te