This is an hour and a half. [background noises] [background noises] hello, welcome everyone. We are delighted you are able to join us today for a conversation about recently released National Academy of sciences consensus report called reducing intergenerationaler poverty. My pleasure this morning is to introduce you to the panelists who will be speaking today pit will first year from three people who are coauthors on the report to will be telling you some Key Highlights from the report. I encourage you to read the report theres a lot of detail in their that we will not be able to cover today. And then we will have a broader discussion. Introducing the report shall be greg duncan he is distinguished professor at the university of california irvine. If he has long researched greatlooking childrens early behavior and skills relate to later life outcome. Heat previously, spent 25 years university of michigan working on the income dynamics with director at one point. Hell be joined by harr
For stocks. A little bit of upside on the nikkei at the start of trade. We are still seeing dollar yen hovering at 155. 6. Of course its about whether we get any indication about curtailing of bond purchases from the Japanese Central bank. Seems like the bond markets are betting we do coming on the japanese 10 year government bonds. Lets take a look at what we are seeing in south korea. Yesterday we saw those declines on stocks as the metaearnings and outlook put a dent in what was otherwise a recovery for asian stock markets. Taking stock, weve seen four of the seven banks report and so far it looks quite good, especially after microsoft and alphabet knocked things out of the park, proving their worth and that they are able to make money from aia investments. Weve seen the upside in south korea as well, the korean won moving toward 1370. Lets look at whats going on down under. Australia was on break yesterday. The big news was how bhp is having a takeover approach for the rival Anglo
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
Suddenly boom aranged. And now growing calls for a new special counsel and an old one, Robert Mueller toned his russia witch hunt with gop lawmakers angry its an openended waste of taxpayer dollars after more than a year and a half. The wall street Journal Editorial Board calling for mule tore step down from his role in investigating alleged russian meddling in the 2016 election. They say he lacks what they call the critical distance to analyze recent revelations about the fbi role in all of the controversies. Its also clear the clintons have become the focus of congressional investigators. The Clinton Campaign and the dnc paid 9 million for that discredited dossier about donald trump and russia. But no one at the top of the Democratic Party will admit they knew anything about it. Hillary clinton is silent on these latest revelations. Her campaign chairman, john podesta, and former Democratic National committee chairwoman, debbie wassermanschultz, both denying any knowledge of the doss
Suddenly boom aranged. And now growing calls for a new special counsel and an old one, Robert Mueller toned his russia witch hunt with gop lawmakers angry its an openended waste of taxpayer dollars after more than a year and a half. The wall street Journal Editorial Board calling for mule tore step down from his role in investigating alleged russian meddling in the 2016 election. They say he lacks what they call the critical distance to analyze recent revelations about the fbi role in all of the controversies. Its also clear the clintons have become the focus of congressional investigators. The Clinton Campaign and the dnc paid 9 million for that discredited dossier about donald trump and russia. But no one at the top of the Democratic Party will admit they knew anything about it. Hillary clinton is silent on these latest revelations. Her campaign chairman, john podesta, and former Democratic National committee chairwoman, debbie wassermanschultz, both denying any knowledge of the doss