What is interesting are the responses. Normally this data is not very exciting. In the united states, it is dictated by what they are getting at the gasoline pump. Shifted to focus on groceries and products such as hand sanitizer. Inflation expectations were dramatic in april. They are at 3. 1 in terms of the survey and 3. 2 percent last time around. The last year, that number was significantly lower. Alix 2. 6 . Lsare we going to get inflation growth in five years time . Yesterday was a brutal day. We were left scratching our heads and wondering if what we of the fairllying market. Bear market. Treasury markets, you are seeing a little shift there as well as we go more into risk. The dollar is softer. Is it over . That is the question. We will break that down over the next couple of hours. To give usr is going a real read on the u. S. Economy, moving forward. Now for your markets, we will have a technical look at how you should position after yesterdays big sell. A chief technician jo
He warned of the negative impacts of long and deep recessions but express confidence in a few years the u. S. Could return to Economic Prosperity once the virus is under control. His remarks came during an eventood hosted by the Peterson Institute institute for international economics. Good morning and welcome to the Peterson Institute. Im adam, the institutes reserv president and it is my pleasure and privilege to, the honorable serv Jerome Powell of the Federal Reserve. Manyved as of you know obviouslf jay and his service. I just want to remind people that he previously served under thegeor secretary on the financl his jo institutions of the treasury market, and between that andd the board ofde governors in 201, he was a visiting scholar at the policy center working on federal and state fiscal issues. Atd to a time when fiscal polics asanybod much or more in the forefront then mullet Monetary Policy it is very hard to imagine that we can have anyone better than jay powell. Thank you
Thank you very much for coming. [applause] thanks, everyone and good day. Delighted you can comthe way ths afternoon. Im delighted to be here in San Francisco and specifically to taktalk to jessie and john fremt who had so much to do with california as we know it and is so much to do with the creation of San Francisco as we know it. I got into San Francisco about 210230 this morning on a delayed for flight from los angeles, a couple hours of sleep and then woke up again because i was to be picked up by a car to do a te radio thing on the radio. The thing is that begins at the very exact time. The thing about going for San Francisco traffic at is you are not going to make your exact time. I was supposed to be 8 a. M. Specific time i would be there and im still on the road of keeping up the freeway and i dont know, 7 miles an hour, 9 miles, whatever it wa was plan looking out the side of the car and San Francisco bay is out there and the Southern Suburbs of and i am missing my deadline w
Many of you honestly know him. Hes cohost of morning edition on npr. Hes also the author of this great book on jessie and john fremont. How many people are here from fremont . We have a couple, okay great. Thank you very much, steve, for coming. [applause] thank you. Appreciate it. Thanks everyone, and good day. Delighted you could come this afternoon. Im delighted to be here in San Francisco, one of the most beautiful cities in the world, and particularly to talk about jessie and john fremont who had so much to do with the creation of california as we know it and so much to do with the creation of San Francisco as we know it. I got into San Francisco about 2 30 a. M. On a delayed flight from los angeles, got a couple of hours of sleep at an Airport Hotel and then woke up again because i was to be picked up by a car and driven up the highway into San Francisco to do a live radio thing on kqed. The thing about life radio is it begins at a very exact time. The thing about going through S
Thank you for being with us organizing todays event in my Live Audience here in San Francisco you can always visit us at www. Commonwealth club. Org and with the upcoming schedule. With cohost of morning edition of npr with jesse and john fremont thank you for coming. [applause] thank you everyone im delighted you could come this afternoon one of the most beautiful cities in the world San Francisco and to talk about jesse and john fremont to had some issue with the creation of california as we know it is so much to do with the creation of San Francisco as we know it. And then on the july a delayed flight from los angeles and then to be picked up by a car and driven by a car the thing about live radio but with San Francisco traffic but really you will not make your exact time. [laughter] but 8 00 a. M. Pacific time and still on the road creeping up the freeway seven or 9 miles an hour but looking out the right side San Francisco bay is out there and the Southern Suburbs with the hills i