That we saw yesterday, increasing concerns about whether or not the fed is going to raise rates in june. Does the fed threat then rally . I dont think. So im not going to speculate on when theyre going to raise rates. The bottom line is you know theyre going to raise rates. It could be june or september, next year. What the real important question is what are you doing in the fixed income market if the feds raise rates you . Know theyre going to go up. Its just a matter of time. And i get very, very concerned about the 3. 5 trillion that is sitting in fixed income mutual funds as i look forward into a higher rate environment. They could be potentially at risk. Talk to me about stocks. Do you do anything differently with your stock portfolio . No, not at all. If you look at the market, i think the market is in great shape here. Reminds me of 1982 to 2000 market where it was up each and every year. Except for 1990 when down. 5 . One thing that you have to look at this market is theres no
Front right now is carli short the superintendant of urban forestry for public works and to my left is urban forestry chris buck with the urban forestry and expect to be joined by scott the Zoning Administrator and going to be representing the Planning Department and Planning Commission and senior building inspector joe duffy will join us representing the representing the department of building inspection please be advised the ringing of and use of cell phones and other Electronic Devices are prohibited. Out in the hallway. People affiliated with these parties must conclude their comments within 7 minutes, participants not affiliated have up to 3 minutes no rebuttal. To assist the board in the accurate preparation of the minutes, members of the public are asked, not required to submit a speaker card or Business Card to the clerk. Speaker cards and pens are available on the left side of the podium. The board welcomes your comments. There are Customer Satisfaction forms available. If you
Heres a look at authors recently featured on tvs afterwards, our Author Interview program. Jerry laxer, criminal justice professor at City University of newark discussed his research on Violent Crime in america. Katie koller, senior contributor matt lewis explained the Republican Party must reembrace conservative principles to remain relevant and Princeton University professor eddie got argued that america continues tosuffer from racial inequality. In the coming weeks on afterwards, Washington Post , this will explain that the Republican Partys adoption of goldwater conservative principles is driving away moderate voters. The former nsa and csa director Michael Hayden will discuss the decisions he made as director of both agencies following the events of september 11. Also coming up, Michael Dyson will ask wayne how race has impacted the Obama Administration and this weekend, etc. Cory booker recounts his upbringing and his choice to explain public service. My parents were relentless f
Into the afternoon. The dow is remained the strongest performer. Rally remains is largely commodity. It you take a look at oil and gold, both trading higher. Theres not a lot of optimism on that. Were seeing crude get a lift. Gold also higher as the dollar turned lower. We seem to be seeing that inverse trade at play today. Take a look at at imax. Financials now in the top pot. Just in the past few moments. Technology also gaining there. Those are groups higher. Healthcare has been the big drag throughout the day. Of course, theres earnings. Dont ferc forget about earnings. Personal heres are some charts weve been looking at going into this earnings season. So called earnings recession. This is a trailing 12 month average change in earnings for the s p 500. This is turned negative. Its forecast earnings for s p 500 companies will fall by 10 in the season for the 1st quarter. Speaking of alcoa, those shares are strong going into that report. Up by more than 4 . We have a seen a lift in
His class is about one hour, 15 minutes. Mr. Smoak i guess we should go ahead and get started. Quick announcement, just so you are aware of where we are at, tuesday next week we will have the final quiz. I am sure you are happy about that. So please be ready for that at the beginning of class. Today, what i want to do is talk about the Indian Claims Commission as a means of continuing our discussion, the mid20th century, the Indian Claims Commission is something that is often not people dont spend a lot of time on. I think it is important. It certainly point out the link between the resources and land, the controlled resources and land and tribal sovereignty. It also illustrates very clearly the limitations on tribal sovereignty that the federal government puts in place, legislation that might seem to empower indian people, but also has real limitations on. And then we will spend time today talking about one particular claim, the most controversial one, it lasted half a century. That c