Third quarter. Which could be the worst quarter for stocks in years. But now, attention turns to the fourth when Football Games and investment years are won or lost. This years Fourth Quarter has at least four challenges that will determine whether 2015 turns out to be a winner for investors like you or a loser. Challenge number one, china and the global economy. The world as Thomas Freedman wrote is flat, interconnected. Thats one of the ki lessons of 2015. When china. Hes, the world catches a cold and chinas slowing economy no one knows by exactly how much has spelled trouble for commodities, oil and metals most notably. Its also meant harder times for companies that export into the worlds second largest economy, Companies Like caterpillar and the automakers. Chinas stock market nose dived albeit after steep runups. Billions in wealth evaporated. Whats next for china and what will it mean for investors the world over . Challenge number two, u. S. Corporate profits. How will they stac
And lofiason bank sees profits rise sending the stock to the top of the stoxx 600. Coming up, nobel prize laureate tells us why president putin commands so much power. Announcer youre watching Worldwide Exchange, bringing you Business News from around the global. All right. As anticipated, the eurozone pmi data is just hitting our wires right now. The eurozone august flash composite data coming in at a level of 52. 8, a little below the reuters poll. Reuters forecasted 53. 4. So its actually quite a bit below. Again, its weaker than what we saw in july and its weaker than what the reuters poll anticipation had been. The flash composite pmi data. The output price index, 48. 9. Thats a slight dip from what we saw in july. The flash manufacturing pmi data coming in weaker than anticipated according to the polls again. 50. 8. The expectation was for 51. 3 according to the reuters poll. What were looking at is a flash manufacturing pmi figure for the eurozone, which is the lowest that weve
[inaudible] for helping with all of the organization. Not to mention [inaudible] at the back whos also been a great help. Thank you to all of you, and its been a wonderful and stimulating evening. Thank you. [applause] [inaudible conversations] every weekend booktv offers programming focused on nonfiction authors and books. Keep watching for more here on cspan2, and watch any of our past programs online at booktv. Org. Coming up next on booktv, Richard Chambers talks about his 40year career as an auditor for both business and the government, including his work with the Tennessee Valley authority, the u. S. Postal service and the u. S. Army. This is about an hour. [applause] thank you, leon, and its great to be with you all. This was my home chapter for a number of years, and im delighted to be back and to be a part of your program. This is the first audit conference that weve done with washington chapter for government auditors in a number of years. So were excited to be back and excit
Should be required to protect her children and report child abuse if they no were suspected to be occurring. That is always been law of the land but sadly our recent court of appeals decision ignored decades of precedent. Lets see that matter straight. Lets get it straightened out. Protect every single child in new mexico. [applause] in addition to making sure children are safe we must ensure they are well cared for and provided safety nets that is why i support expanding the breakfast after the bell Program Beyond Just Elementary School to middle and High School Students as well. We will continue to expand the Summer Food Program because a little ones deserve to look forward to the summer break, not dreaded out of fear that they we will be happy. Happy. Now our greatest calling is to improve life for our children because they we will take place monday. And i want them to be better than we were better educated, better jobs stronger communities the spirit of a child is an amazing thing.
This is about 45 minutes. Ladies and gentlemen, friends, i have now the privilege and pleasure to welcome a old friend of the World Economic forum and supporter, secretary of state john kerry. Actually when the secretary came the first time, it was in the 1990s and that is the time we spoke about the peace dividend. There was a lot of optimism. The world was at the don of a new era dawn of a new era and the end of the cold war. Now, we meet again and it looks like we are at the start of a world with many geopolitical issues. The last session has shown us the foremost issues we have to confront. So mr. Secretary, you were here last year and if i just take one year, when you came last time, ukraine was just beginning. Now, in a warlike situation. Of course, the United States plays a very crucial role as the worlds most foremost power. Ladies and gentlemen, we are particularly pleased to have the secretary of state john kerry this evening with us to enlighten us how he sees the world situ