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Here joining us is chief Investment Officer of the Minnesota State board of investment. Good morning. Good morning, john. How are you . Im doing pretty well i hope you are, too. So, a lot of people trying to figure out what to do with this market your philosophy is to buy the market and not individual equities but this market has been kind of funky i wonder does big techs increasing waiting say in s p 500 concern you . How do you get as diversified as you want to be no. As i said, i mentioned before, we dont look at sector by sector weve been longterm investors and for the most part we buy the market you know, domestically we own the russell 3,000. We do have active managers, but the vast majority of our portfolio is passively managed our equity portfolio is passively managed, same on the International Side so w ....
And bringing in the new year that is australia and before that museum and leading the way in our showing in 2020 were taking a look back as well at some of the stories that made headlines in 2019. And porous with the sport including the disappearance of a football is father colombias world cup made failed it demands answers from the new head of the countrys army. So were going to start with those unprecedented scenes of anger at the largest u. S. Diplomatic post in the world members of an iranian backed group and their supporters marched into the heavily fortified green zone in the iraqi capital baghdad and surrounded the u. S. Embassy some even managed to break into part of the compound a security post at the entrance of the building was set on fire they were risp. On doing to those u. S. Airstrikes in iraq and syria on sunday where camps belonging to the iranian backed Group Hezbollah brigades were struck violence erupted on th ....
Public services that would be impacted. [indiscernible] thank you for meeting with us we have really gone about the work that i think is an incredible foundation. I said publicly many times and i will say once more, no other administration in American History has given so much to so quickly. It was a clear vision and one that you did well. We want to applaud this administration for that work. And but includes 3. 6 billion during the pandemic. It was critical mass. 1. 6 million with infrastructure concerns. 45 public and private benefited from that. Another 1. 5 billion. And another 12 million which may not sound like a lot, but we really do appreciate it. And it protects us we had a terroristic retinol not so long ago. To give you a sense of that commitment we have framed our recommendations from around president biden, Vice President harris who have worked funding this. On ....
Cspans online store. Browse through our latest collection of spent x, apparel, books, home to core, and accessories. There is something every cspan man and every purchase supports the nonprofit or news station nonprofit operation. Shop now or anytime on cspanshop. Org. Announcer next President Biden meeting with his board of advisors on historically black colleges and universities at the white house. During the meeting the president also discusses the potential Government Shutdown and the Public Services that would be impacted. [indiscernible] thank you for meeting with us we have really gone about the work that i think is an incredible foundation. I said publicly many times and i will say once more, no other administration in American History has given so ....
Chattanooga coming together in the wake of the shooting that took the lives of five members of the u. S. Military. Iwe begin tonight with that historic chapter in the relations between the u. S. And cuba. Tomorrow in washington a cuban flag will fly over a new Cuban Embassy for the first time in more than 50 years. At the state department, the cuban flag will be added to the flags of other 150 other nations. In havana where the anticipation is building. Havana, any other day on the island inflation. For those americans worried or concerned about missing out on retrocuba, time is on jury side. Yes, change is coming to the caribbean island nation but it wont happen overnight. It could take years. The relationship between washington and havana is difficult. And the opening of an embassy is not expected to change that dynamic. But a poll taken earlier this year showed 97 of cubans supportingsupporting normalizing ties with the u. S. Th ....