[applause] that is a historic accomplishment. That is right. And by the way, in the meantime, alongside 7. 5 Million People being enrolled, Health Care Costs under kathleens leadership are growing at their slowest rate in 50 years. I keep reading about people saying theyre not doing anything about it. What does that mean . In part because of kathleens extraordinary leadership. Health records moving from dog eared paper to hightech systems, kathleen parted with the department of justice to aggressively pursue health care and billions of dollars, record sums from the Medicare Trust fund, so all told kathleens work over the past five years will benefit our families and this country for decades to come. We want to thank kathleens husband, the first dude of kansas, two outstanding sons been wanting to share their mom with us the past five years. Kathleen, i know your dad served as governor of ohio inspired you to pursue Public Service and passed away last year would have been proud of you t
But stocks are down. Worse day for equities in the bull market started back in 2009. The nasdaq in particular selling off quite heavily, down about 3. 5 . Blackrocks chief investment strategist is with us. What are investors thinking . There are a couple of things going on. Veryof these sectors got aggressive valuations. You look at biotech for example. Nearly eight times book value as recently as the end of march, so clearly, you know, stretch valuations have played a part. I think what is exacerbating this anchor to reading and contributed to the seat is were seeing a lot of liquidation by hedge funds. They have done really well with a, but at that moment them has broken down, we are seeing some aggressive liquidation by many of those players. What are those players doing now and what are they buying into . Been a lotthere have of movement into cash, but you are also seeing something below the surface. Take a look at technology. We have all spun this as Technology Selling off. If you
FITCHBURG It took a while, but once the wheels started turning, there was no stopping the St. Bernard’s ice hockey team Tuesday night. Trailing 3-0 entering the final 15 minutes, the Bernardians came to life against crosstown rival Fitchburg/Monty Tech. Whatever miscues haunted the hosts through 30 minutes faded and St. Bernard’s took advantage […]
FITCHBURG Amid the chaos, Chase Bergeron was never rattled. The sophomore netminder stood tall for the St. Bernard’s ice hockey team in a contest against Oakmont Regional that was chippy and bordered on ugly at times Monday evening. Every puck that came Bergeron’s way was calmly denied, rebound smothered or directed out of harm’s […]