Alvine wu. inaudible come up. I yell at you all the time but i want you to be celebrated today. Who likes to get paid . I know that you all have had some challenges and that things dont always run as smoothly as we like, but these three people make sure that everyone gets placed and goes through the application process. Alvin wu from japanese Youth Council makes sureveryone gets paid alawn with terry jones so with the kinks and frustrations and challenges, you see how many of you are in this space and this is only a portion of the people . These folks here kind of all by themselves with a couple other folks make sure it all happens so they have to answer all your emails and phone calls and process your applications and make sure that there is enough money for you all to get paid so i just wanted to thank them for their hard work and for getting beat up not just by me but all the parents and kids and young folks upset about their checks thank you. Come on up inaudible brought us lunch i
You. Kevin, upgrades on u. S. Equity they say fiscal stimulus is super charging u. S. Earnings growth Morgan Stanley has a bit of a differing opinion. They talk about, youre going to get good gains through the First Quarter. And then all bets are off after that you know, the effective tax rate and whether you should be overrated u. S. Domestic versus europe is really the call of the day. I say theres nothing wrong owning u. S. Stocks and theres lots of opportunity in the midcap space to see the change in earnings but to ignore europe, the black rock call, is wrong. Make the nestle, lets assume you think the u. S. Dollars bottomed out half these companies have their companies in the United States why wouldnt you want to own them when you have a currency going back up if you have growth if black rock makes a call against europe, they have to make a call. Im putting every dollar domestic i buy europe as well i want to own nestle and American British tobacco because the earnings momentum i
He makes a really good point, which is that its hard you got to have skin in the game, you know. You really do. I am always curious to ask people, and we have a poll coming out soon that does ask this question of parents, if money were not an issue, would you send your child to your Neighborhood Public School . If you had a choice and you could send them, you could take them out and send them to a private school, or any school of your choice, would you do it . And it was astonishing to me how many people would. And the fact is they cant, and thats what is frustrating. You know, he is right, politicians and people in power do have a choice, and if you are at a disadvantage and you dont have the money to choose a private school or you dont have Educational Options where you live, you dont, and thats not fair, that goes right to the heart of the inequality piece. If some of our viewers want to check out the poll that you are talking about, is that on the website, the we just completed it,
[inaudible conversations] all right, so before we have the doctor, up to give what will be great keynote remarks, i want to start the morning off with having a conversation with you about something that is near and dear to me as one of those two represents a Success Story of the great specialized care system, spinal cord injury does the system of care. Before i get to exactly what the topic is, i want to ask a couple questions. What are some of the reasons why one becomes a clinician . Why do you choose to become even. Raise your hand if its money. A bunch of millionaires in here. Social status. Everybody respects about her. Job security. You always have people focus on getting better. If you are a healer, youve got some job security and its probably a combination of all of those. But again, from perspective of the statement, im willing to bet somewhere on the list of what brought you into your discipline was compassion. What is compassion . A feeling of deep sympathy for another whose
Still positive on stocks and short bonds. Tepper telling me of the markets, quote, any comparison to past overheated markets are ridiculous look at where multiples and rates were in 1999 im not saying stocks are screaming cheap, but youre nowhere near an overheated market, he said. Tepper calling his short of bonds a hedge, a trade that is not working now, but that hopefully will tepper citing strong Global Growth and low bond yields as two of the principle reasons he sees more opportunity ahead in stocks telling me, quote, because world growth will continue to be good, earnings will be better and stocks are relatively cheap to Interest Rates asked where rates would begin to become concerning for him, tepper telling me, if rates go up a lot, the market would have trouble with that, but 50 basis points is not going to make a difference, he said. I asked him about his portfolio, his 13f revealing yet that he continues to like tech tepper owning positions in names like alibaba, afl belpha