Cut wall streets Immediate Reaction was pure suspicion. Oh, he doesnt have the heart in the rate cut hes not as worried as he should be hes being dragged kicking and screaming to this rate cut because things are weaker overseas, not here thats why the averages initially got hammered before the market peoplely came to its senses later in the afternoon. Dow only closing up 36 s p advancing 0. 03 and nasdaq declining 0. 11 . The u. S. Economy does have a lot of strength. It does. The rest of the world does have a lot of weakness so we got what pundits were calling a hawkish cut. Theyre so clever, meaning its the last rate cut or maybe the penultimate rate cut apparently that wasnt enough for some money managers. What do they want they were so disappointed they wanted to be surprised and wanted powell to tell us hes enthusiastic about easing and it will find a way to strongarm the others the bulls wanted Bill Belichick fed chief, okay. Lets get this done. Do your job chairman who wont let
The Company Stocks of prices at 39 and rose steadily. Even as we worry about the economy ahead. Silicon companies are marching towards this. The ceo of forge which allows employees to sell shares before the company goes public. Lets start with this idea of these companies that are not yet public, that are so big. Give me a list. Spacex would be one. What else is on this list of companies we are waiting for . There are 40 companies today that are the size of what used to be a large Cap Public Company that are still private and these companies are now staying private for an average of 12 years, 10 years ago or 6 years. We talked about why companies are staying private, whats your opinion on it . Companies are trying to change the world and building something new and global. In the case of spacex, the most Cost Effective way. It is taking longer for them to mature. Because they have such great access to capitol, internationally, they dont rely on previous systems of Venture Capital. There
Im lucky to be one of the 13 members of the annual Meeting Program committee. We are pleased to have a panel with us today. The committee itself is from around the country, practicing areas from construction, commercial, business, criminal law and our charge is to put together a small selection of the best cuttingedge programs every year. In the fall of 2018 we started with 50 submissions, looked for those that would be the most special, the most exceptional and we were lucky to have a proposal from the science and Technology Section and our moderator, heather rafter, entitled shaping our future, tech Company Lawyers on innovation and social responsibility. The program isnt is an all women panel. It happened to work out that way. We have so many amazingly talented women in our Tech Community that it naturally fell together and we are lucky to have this group today. A few housekeeping notes, heather covered one of them, the materials are available in the apps, use your cell phone to sil
Wellpositioned to win the streaming wars. It is all coming up today on coast to coast. Our top story, new reports say saudi arabias oil out put will indeed return to normal levels maybe the next two or three weeks. That is a lot quicker than the months we originally had been hearing. It comes as iran is now responding to the allegations made by the u. S. Blake burman at the white house to pick up the story from there. Whats the latest, blake . Reporter hi, there, connell. On the political side of things the white house is still walking a fine line saying that they believe iran or at least at this point signs are pointing to iran being behind the attack on the saudi oil complex. They are not yet willing to definitely say that they are absolutely certain that is indeed the case. Remember as part of the response from President Trump over the weekend, his initial response was that he said that the u. S. Was quote, locked and loaded. Yesterday on three different occasions when we heard from
Around the country, mix of practice areas from construction to commercial to tort to business to criminal law, and our charge is to put together a small selection of the very best cutting edge interesting programs we can at the aba annual meeting every year. Fall of 2018, we started with 50 submissions. We looked for those that would be the most special, most exceptional, and we were lucky to have a proposal from the science and Technology Section and our moderator, heather raptor entitled shaping our future, Top Tech Company lawyers on innovation and social responsibility. And it was an easy choice for us to include. The program wasnt planned as all womens panel. Just happened to work out that way. We have so many amazingly top talented women gcs in the Tech Community in the bay area and elsewhere that it naturally fell together. Were lucky to have this group for us today. Few housekeeping notes, heather covered one of them. Cle materials are available in the app. Second, please turn