Monetary policy at the National Economists club dinner in washington, d. C. She provided an assessment of the economy labor market and discuss tools used by the Federal Reserve in response to the 2008 financial crisis. This is 40 minutes. Good evening ladies and john. I president of the National Congress club. Its my pleasure to introduce the speaker. I like to spend a few moments offering expressions of gratitude. First on behalf of the Congress Club i would offer my sincere thanks to the British Embassy for hosting us in this beautiful venue. Its an honor to be this evening and we very much appreciate your hospitality. I want to recognize the cornerstone and the group which help make this event possible. Not least of which by sponsoring a student table, how good it is joining us we have students from universities from across washington, d. C. Now delighted to reduce the speaker who will deliver this years lecture. She needs no introduction. Nonetheless, i feel providing one is obliga
Oliver. Indeed we do, a bit of a risk on day at this point. The dow reversing a small loss after the eyes and manufacturing number for the month of april came in slightly disappointing, but now higher, joining the s p 500 at session highs. More than half a percent, putting another intraday record high on pace for another record close. Keeps going in a bullish direction. Lets look at the stock driving the records for the nasdaq. Apple, amazon, and facebook. Apple and facebook are posting intraday record highs. Amazon on pace for record apple does report tomorrow after the bell and investors are looking for 2. 02 on 50 trivalley dollars in revenue but it represents more than 5 yearoveryear Revenue Growth and earnings growth. In addition, it is expected that apple is likely to announce a cash for more than 250 billion. Recode is saying that investors are hoping it translates into higher dividends. Amazon is seeing a tailwind from the big week and the strong firstquarter report. Shares are
Tell us volatility is back, but were not seeing it. This morning the vix is trading at 10. It marked the second time this year that the vix traded below 10. Overnight in asia, take a look and youll see the nikkei was up by 0. 7 . Hang seng was up by a third of a percent. The shanghai was down by a third of a percentage point. In europe, some of the early trading, things are relatively calm. Ftse up by a half percentage point. Modest gains for the cac and dax. Among the top stories, big news out of hollywood. The Writers Guild of america reaching a tentative agreement with the alliance of Motion Picture and Television Producers avoiding a Writers Strike. They reached an agreement just after midnight. The Writers Guild had threatened to strike today if an agreement was not in place. Infosys making a big bet on america. The Company Announcing it will create 10,000 jobs here in the United States of the next two years. Those jobs will focus on the cloud, Artificial Intelligence and big data
Peter well, good afternoon, everybody. I want to welcome you today. Im peter russo. I want to thank you all for coming. You are at a capitol hill Hill Briefing major tax reform in 2017. Before we begin, if youre watching via cspan or via the live stream and would like to join the conversation, wed love to hear from you so please tweet comments and questions to our panel at catoevents. Again, thats catoevents. Further, this spring the Cato Institute released the handbook for policymakers. Copies were available on the tables as you came in. If youd like additional copies, please contact me after the program. I will be happy to hook you up. D p. D. F. s are searchable at cato. Org and there is a chapter on federal tax reform and many others, also, covering the tax treatment of health care as well as the importance of preserving global tax competition. With that i want to introduce catos chris edwards, the director of tax policy studies nd editor of www. Downsizinggovernment. Org. Before j
Peter well, good afternoon, everybody. I want to welcome you today. Im peter russo. I want to thank you all for coming. You are at a capitol hill Hill Briefing major tax reform in 2017. Before we begin, if youre watching via cspan or via the live stream and would like to join the conversation, wed love to hear from you so please tweet comments and questions to our panel at catoevents. Again, thats catoevents. Further, this spring the Cato Institute released the handbook for policymakers. Copies were available on the tables as you came in. If youd like additional copies, please contact me after the program. I will be happy to hook you up. D p. D. F. s are searchable at cato. Org and there is a chapter on federal tax reform and many others, also, covering the tax treatment of health care as well as the importance of preserving global tax competition. With that i want to introduce catos chris edwards, the director of tax policy studies nd editor of www. Downsizinggovernment. Org. Before j