Welcome to the second day of the policy conference. My name is ilan kolet. Im the head of inflation and Commodities Research at Fidelity Investments in boston. Today, we have the pleasure of hearing the latest views from World Bank President David Malpass. President malpass is the 13th president of the world bank group. A term he began last year. Prior to joining the world bank, he served as undersecretary of the treasury for international affairs, founded a Macroeconomics Research firm, and served as the chief economist at bear stearns. While many of us know him now as a policymaker, there is a very long history in private sector macroeconomic analysis. Yesterday, when i was chatting with a retired friend of mine, he mentioned that the best moderators are funny, fluid, and forgettable. With that, president malpass, the floor is yours. That was funny and fluid and everybody will remember it. So you failed. Well, ilan, im very pleased to be here. Ive got some notes, and then ive got som
Joining us for the entire hour is tobias levkovich. Welcome. Thank you is this just a bounce from oversold conditions or would you buy into the rally i think that it is more of a bounce off oversold conditions look, things like energy, financials, have come back we were so hammered in the last couple weeks the issue that you need to resolve is earnings. That will be the more problematic phenomenon and so do you feel good about what earnings could be i think that earnings are still too high for the balance of the year and beginning of next year. I think consensus numbers for next year for example are about 10 , probably should be more like 5, maybe 6. So that is the issue so doesnt feel so good the white house pushing the message that recession fears are overblown. President trump tweeting today, our economy is very strong decembspite the lack of vision the fed but democrats are trying to will the economy be bad for purposes of the 2020 election. Very slchish before our dollar is so str
Cspan. Org, or download a podcast at cspan now or wherever you get your podcasts. Cspan, your unfiltered view of politics. Visit to milwaukee, President Biden announced 3. 3 billion in Infrastructure Investment to revitalize communities across the u. S. Benefits of legislation he signed into law during the first half of his presidency and the importance of protecting Social Security. This is 20 minutes. Please welcome ray hill, director of historic king drive district. Good afternoon. S i am rae hill and i have the pleasure and honor as serving as the executive director of the historic king drive Business Improvement district number eight. [cheering] andoday i stand before you not only, but also is the proud granddaughter as lawrence hill, a man whose spirit left a mark on our community. My grandfather honorably discharged from the navy opened his first restaurant in 1949 on 619 west walnut street, one block away from are but because of racially charged urban renewal policies in the 19
Were going to leave this program and take you live to President Biden talking about community and revitalization. The president good to see you all. [indiscernible] hello, milwaukee. Thankr family story with so many of us. Your grandfather served our nation in uniform and started a Family Business only to see itoy disconnected because of a new highway. And he never gave up, neither have you nor have the people of this i want to thank you. Governor, my good friend, thank you, governor, youre the best. I want to thank for you youroaro getting us through covid and rebuilding the economy and so much more. The same goes for great senator tammy and your incredible congressman gwen moore. Her son here . All right. Well, she reprents her hometown with such incredible integrity and tenacity. Mayor johnson, one of the most impressive young mayors ive met and i met all of them, i think. I really mean it. I dont know where youre sitting. There y are. Stand up, mr. Mayor. I tell everybody dont run
Books topics take scenes with i interviews and updates and best seller lists. And find those the free cspan now app or wherever you get your podcast. During a visit to milwaukee, President Biden announced 3. 3 billion dollars in Infrastructure Investment to revitalize communities across the u. S. He also touted the benefits of legislation he signed into law during the first half of his presidency and the importance of protecting Social Security. This is 20 minutes. Please welcome ray hill, historic key drive district. [applause] good afternoon. I am ray hill and i have the pleasure and honor as serving as the executive director of the historic king drive Improvement District number eight. [applause]. And today i stand before you not only in a professional capacity, but also as the proud granddaughter of lawrence hill, a man whose resilience and entrepreneurial spirit left a mark on our community. In 1949, my r, honorably discharged from the navy, opened his first restaurant on 619 west