Tenyear 91 basis points one more way in which the economy in this case has confounded some and the markets had it right yeah. There wasnt a day that we came in and we heard from very big people, rich people, Hedge Fund Managers saying this is ridiculous its fanciful, that the rally itself was uninformed. I admit, look, there were parts of me that said are you kidding me, every morning the airlines will be up big when very few people are flying . It turns out that the hiring took place in the areas that we felt were most devastated. Retail, travel, leisure. And its remarkable because when youre looking for 20 and you have all your scripts all set to talk about the beginning of the next great depression, and then you get the actual numbers, it kind of knocks your socks off. You struggle to think why did we hear so much woe is me the other side says we heard it because 13 is still unfathomable, but its certainly more fathomable than 20 so, i dont know its good. It is good. The president r
Are doing here and why we are doing it, this is part of an ongoing series sponsored by the center that historical current issues. The center itself is strictly nonpartisan and the purpose of the program its not to advocate for any particular policies, but to provide Historical Context helping inform policymakers as they deal with difficult issues. I want to thank or acknowledge the Financial Support of the mellon foundation, which makes this briefing possible. I also want to thank regional weekly in the back of the room, which is the assistant director that helped organize this. I want to thank the office of gerry connolly, and also alert you to the fact that you all have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions. We will collect them. The second half will be devoted to q a. We will collect the questions and go from there. Thank you all for coming. David . Good morning. Thank you for coming. I have been Teaching I
That companies you want to invest in with Communication Services are the ones that everyone is using, netflix, zoom, you know, facebook, social Media Companies and how do you distinguish which are the better ones than the others we looked at a series of Technology Stocks this morning and broke them up into a couple different frameworks depending on whether their profitability is likely to rise throughout this covid cycle or negatively impact and recover a few we called rocket Ship Companies in there that also happened to be rocket ship stocks the stocks are following the funds. Its amazon, netflix, theres a couple Smaller Companies like wix and go daddy, all of these have had their value propositions kind of stamped on all of during this time period this covid crisis has been kind of an advertising for the benefits and the necessities of streaming at home and shopping at home and theres hard to find better winners than amazon and netflix in those categories. If those are the rocket shi
Perspectives to current issues. The center itself is strictly nonpartisan. The purpose of the program is not to advocate for any particular policy, but provide Historical Context to help inform policymakers and the public as they deal with difficult issues. Thank or acknowledge the Financial Support of the Mellon Foundation which makes this series possible. I also want to thank Rachel Wheatley in the back of the room who is our assistant director and helped organize this. I want think the i want to think the office of gerry connolly, and i want to alert you to the fact that you will have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions, they will get formal remarks in the first hour, and the second half hour will be devoted to q and a. We will go from there. Thank you offer coming. This the rest of it is in the flyer. I worked briefly with the Congressional Research service. A little longer with the department of energy.
Good morning, ladies and gentlemen. My name is matt miller. I service the president and ceo here at the national War One Museum immemorial it is my pleasure to welcome you here to what i think its going to be an extraordinary couple of days to thing together and learn at the symposium. We are delighted to be house need networking with so many partners to create yet another, i think, exceptional opportunity for us. Whilst you are here, i hope that you take time to spend some time in the galleries. The special exhibition, piece 1919, certainly fits with this theme and he will enjoy that as well as our main galleries where we are preparing for the opening of a new exhibition this week on the vietnam war, 1945, 1975. That is not open until next weekend so its a teaser for you. But we invite those of you who are able to come back through the next several months 30 memorial day weekend of next year to come back and take in really quite exceptional exhibition that also provides the links and