Range was expected, now were waiting to hear the reaction from various parties including from the floyd family themselves because Derek Chauvin did speak today. Well give you the details of that. First to Matt Finn In Minneapolis that has been chronicling the case from the beginning and how things are going now. Matt . Hi, neil. Right now peaceful in the streets. Theres a semi large crowd outside the courthouse. People were chanting black lives matter no protests or any riots in minneapolis that weve seen. Moments before, judge cahill handed Derek Chauvin a 22 1 2 year sentence. The judge said that he did not make his ruling on emotions or on public demand. He said instead he based it on the rule of law. Hes releasing a 22page memo that will explain how he arrived at his sentencing. The big question is whether Derek Chauvin was doing to speak. In fact, he did for the firstime since George Floyds death. He never gave an interview and did not speak during the time and he did not testify.
Michele. This is one of the most difficult things to accept, that this market does not have to reflect what is going on in this economy. Can you speak to that . Bob i can speak to that because im in the bond market and it is reflecting perfectly what is going on. We just printed 33 gdp. There is a giant hole that we think will take 10 years to fill the output gap that has been created. The fed is telling us for a long period of time they will keep rates at zero because they have to bring the cost of funding down across the system so that any kind of recovery takes hold. Slowly, Bond Investors are recognizing that, and that has emboldened them to move further up the curve both in terms of duration and lower in credit quality. Jonathan we have had conversations about market distortions. The equity market, Big Tech Companies dominating the benchmarks in the u. S. What is the cleanest trade in fixed income to play an economy that would take 10 years to fully recover . Bob there are two cle
Challenges facing the world. I think we have the perfect guest this morning. She leads an institution on the front lines of trying to save the global economy. On a personal note, i am proud to say it is institution i was proud to call home for three years. Twitter, facebook, linked in, whatever platform use youracfrontpage to submit questions. Our commitment at the Atlantic Council has been to keep you informed, not only about the current crisis, but the changing nature of the global economy. Not only in 2020, but 2021, 2022, and the decade ahead. I know the managing director will be able to help us today. Without further ado let me introduce my current boss resident and ceo of the Atlantic Council, and by former boss. Thank you, josh in a very short time you have made a significant difference at the Atlantic Council as our director of programs and strategy. You are doing it at i cant imagine a more critical moment. In that spirit, we are delighted to host you for this addition of the
Worse with a second wave of the virus. This took place as a virtual discussion with the Atlantic Council. Thank you, everyone, for joining us today. Im the director of policy and programs at the Atlantic Councils Global Business and economic center. And we are honored today at the Atlantic Council to welcome kristalina georgieva, managing director of the International Monetary fund. Now, todays event is part of our headliner a. C. Front page series. Its our new premiere platform where we bring together Global Leaders to discuss the most urgent challenges facing the world. So i think we really do have the perfect guest this morning. She leads an institution that is on the frontlines of trying to save the global economy. And on a personal note, im proud to say its an institution i was able to call home for three years. So we want everyone to engage in this virtual conversation today and ask her questions. If youre on twitter, if youre on facebook, if youre on linkedin use the acfrontpage
Nonfiction become award from the mississippi utah letters. S and he has a book out and you can our bookstore at battlefield center. Introduce to dr. Timothy smith. [applause] i appreciate the opportunity to here. I have always heard about the time. And this is my first i heard how nice it was and im a believer now. A great place here and i appreciate the invitation to here. We will truck about the western talk about ing to vicksburg, Champion Hill. To vicksburg . Been how many to Champion Hill . Not as many. A good number. Champion hill is one of those fields and watching the news and listen to the Civil War Trust they tlefield are doing a lot of work there. The state of mississippi just several Hundred Acres to the National Park a unit of the Vicksburg National Military Park going on this at Champion Hill. We will talk about that battle the larger r, Vicksburg Campaign just a little bit. A power point either. Im a little bit old fashioned. Do have a map of Champion Hill that we will t