Is waiting to see, even when you look at the market it looks like the 10year is sitting above 4. 3 the 2year well above 5 then youve got crude oil prices that are creeping closer and closer to 100 actually this morning theyre off by 1 , back to 22. It was around 93 yesterday. A lot of concerns over at Goldman Sachs. Theyre suggesting they they 12 months from now the price will be 100 for a barrel of wti. Weve been talking about this it would filter through, but the you know, it depends on how you believe. Theres two sides to everything, it seems like. I could debate either side it does hurt demand. Were going to be about 4 a gallon and that may cause people to rein in spending on other things its deflationary and inflationary i could see both ways. It works its way into every single thing from items that have to be delivered to manufacturing. The one thick we did see from bank of america, remember we had them in and we talked about what they saw over the last month much more went to en
Sec. Devos thank you so much and welcome everyone. It is great to see you all this morning. Todaysu for attending first of two summits on individually on innovation in education, and a special thanks to those who will present this morning. We are grateful to have so much knowledge and expertise in one room. We are eager to hear from all of the. Before we begin, i want to say a word about innovation. Barked on a am school tour i embarked on a school tour. Continue to travel the country to see the work being done, and i have been inspired by the innovative educators and administrators i have met. There is still not enough. We need more. The reality is that there are a number of challenges and opportunities facing Higher Education, and washington, d. C. Does not have all the answers. Government is not the best at finding new solutions to tough problems. Government isnt the best at being flexible or adaptable to a changing environment. Government isnt the best at questioning the status quo
The huge chaos in terms of turnover terminology and if youre looking at the finance market, 162 designation for a financial advisor, so no idea which this means any standard, so i see two bigger challenges are quite as the Education System and what we need to do to make sure of industry requirements, but also think outside the system like certification. How to we bring them all together so that as users as students, employers have emphasis on the quality aspect of this. I was interested if any others have any comments. Hello. I just wanted to bring a new type of vision we brought, so eight no formal chair and by practicing and collaborating with peers, one of the most important measurement for success is getting jobs and so we dont we build projects, so students are learning instead of being regular education there is content learning and in two weeks we have examined we are like here is the exam make it happen, so we designed the project with industry leader. The second thing is this
Xpectations. Still, a majority of the committee were clearly in favor of the rate hike that the fed went ahead within december, and the majority of the committee are still expressing some confidence that inflation in the mediumterm is going to move back to 2 . But there is a sense that confidence in that is slipping a bit. That matches up with the feds forecast, the dots that we saw last month. The median for rate hike projections asked year is three, but their worst next year is three, but there were Six Committee members below that meeting. Ledave a more hawkish group by people like Loretta Mester in cleveland, and they are more concerned about a severe undershoot of unemployment in 2018, possibly leading to a bump in inflation. And here is another interesting quote i found in the minutes. Participants discussed several couldthat, if realized, result in a steeper path of increases in the target rate. They mentioned those risks include the economy expanding well beyond its maximum sus
Governments relenting to the shut down with a shortterm funding deal. Mitch mcconnell praised the decision yesterday. After three days of an unnecessary lapse in funding, a bipartisan majority has brought the Democratic Leaders extraordinary filibuster to an end and pass the bipartisan deal to reopen the federal government. As i said repeatedly over the past week, shutting down the government isnt irresponsible way to do business. Markets rally on deal. The dow, nasdaq, s p 500 all closing record territories. Half a percent of the dow up 143 points or 26,214. The nasdaq up 1 higher. Now 74 weight. Features a sporting show momentum continue. All the major indices in positive territory. Though investors up 73 points. Nasdaq up another 10 points. In europe across the board take a look at the european indices right now. Dax or three quarters of 1 in germany up 132 points. The others in positive territory. Same story in asia as the best performer they are hong kong hang seng up one and two