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Kolanovic, just named number one in two categories, equity linked strategy and added to institutional researchers hall of fame. Its a big billing marko, welcome thank you, scott. Lets talk about where we are now and where we were when you made a big and important call back on march 24th, you said the following many taking into account the unprecedented monetary and fiscal measures being implemented as well unprecedented ambassador et sse over thepath month, our equity target is achievable in 2021 we sit about 4 away on the s p. It was a great call. I know our viewers want to know where you think were going now, though thank you, scott. So we are still broadly positive on the equities. As you said, we came a long way from march our price target right now is 360 for the s p 500. Obviously there is an important cat list so there is a relation based on the outcomes but broadly still positive what is it based on what can people take from this price target, which the team over at jpmorgan, w ....
That broadly speaking if we dont get that, there would certainly be Downside Risks certainly through the channel i mentioned. Thank you cnn. Thanks for taking my question chairman powell, give us an update to the policy framework and repeated calls for this and this event, is the fed open to other parts of the economy such as income inequality and Affordable Housing we monitor everything we think is important in the u. S. Economy. In a broad sense, all of it goes into thinking about Monetary Policy you mentioned inequality so disparities in income and Financial Wellbeing demographic and racial categories, something we monitor carefully, inequality, which i would point to its a multifaceted thing, stagnation of nat the lower end of the income and lower mobi ....
School districts is helping student offenders instead of arresting them. How this approach is transforming kids lives. First, heres todays eye open opener. Its your world in 90 seconds. The situation that we have right now is a lifethreatening situation. This came through like a jet plane really. This thing continues to grow exponentially. Dozens of wildfires threatening the west. Record heat. One day, snow the next. Denver, youll probably set a record at 29 degrees. Im worried if we have a really good vaccine, people are going to be reluctant to take it. President trump is accusing joe biden and Kamala Harris of being antiscience after they say hes politicizing the search for a vaccine. Biden and his running mate should apologize for the antivaccine rhetoric. We want people to protest peacefully. A weekend marked by more clashes between police and protesters. People calling for an end to racial injustice. Black lives matter this i ....
Woke up this morning to learn of the news and many are shocked and horrified including myself and i think this is sent out a very very negative message and of course it must have a Chilling Effect on people who want to speak out and particularly on the news media so this is a very very Disturbing Development although maybe maybe not unexpected but i and people say that hong kong no longer has the rule of law so i hope that jimmy lie and those of the people who have been a rest will be able to have their rights protected and of course if the authorities have evidence i hope they will come out with it because such allegations have been made for a long time and up to now they have to do is no evidence i think that we have seen quite oh increasing amount of selfcensorship amongst the news media some local media even say that that maybe there are some current politicians ....
Didnt leave too angry at a Political Class they blame for tuesdays blast that killed dozens and destroyed and damaged many neighborhoods in the lebanese capital the authorities were aware that thousands of tons of highly explosive material was stored at the beirut port for years we have survived the explosion but part of all of us has died to be honest but what can we do i am one of the fortunate ones who can leave and establish myself outside but all these people cannot so what can we do what they did was return to the streets they have been demanding a new leadership for months many were injured in running battles that lasted for hours but this time they say they wont be silenced they want justice and revenge for the victims of the explosion and believe a government led inquiry into the disaster wont hold senior officials accountable. We are not leaving if you go to them or us in this country and you know what the people always ....