Becky is off today. Looking in the green nasdaq to open about 78 points higher and looking to open higher as well also 22 points higher. Also treasury yields youll look at the 10year note at. 681. We have a lot going on today on the data front, details come at 8 30 eastern. Breaking news overnight. The House Transportation Committee issuing the final report on the 737 max list the failures that led boeing to design and the faa to approve the software that contributed to two crashes. Around the Safety System called mcas accusing boeing of concealing the information. Including concealing the existence of mcas from its pilots boeing says it learned many hard lessons as a company from the accidents and from the mistakes we have made as this report recognizes, we have made many changes to our company. They expect to get 737 max back in the air in the Fourth Quarter. Congress is expecting legislation to review the safety reviews of new plane models. Reporting that there was no singular mista
Senior posts on the National Security council and in the department of commerce. Rom 19999, he was serving as the c. E. O. And president of two publicly traded software companies, free markets incorporated and prior to that, was a consultant. He is a graduate of the United States military academy of west int and has a p hmp d from Princeton University and former army officer and is a soldier and statesman and interviewer and a scholar and entrepreneur and it is a real pleasure. We asked david to join us. And slept paper on economic might, National Security and the future of the paper he coauthored. And it has a very important. Deas that we have to discuss and associated economic crisis stronger and even more competitive. And david, you had a unique advantage on the u. S. Economy over the past two decades especially from the 2008 financial crisis when you served as under secretary of treasury and c. E. O. At bridgewater, what motivated you to write this paper to sustain this . Mr. Mccor
Free cspan radio apps. A conversation with Donald Trumps former National Security adviser hr mcmaster and bridgewater ceo David Mccormick, talked about the us economy and National Security hosted by the hoover institute. Welcome to the inaugural episode of statecraft innovation and leadership and we are fortunate to have with us David Mccormick, ceo of Bridgewater Associates responsible for overseeing strategy, governance and operation. David joined bridgewater in 2009, previously served as president and coceo of the forthcoming ceo this year, before joining bridgewater david with u. S. Treasury undersecretary for International Affairs in the george w. Bush administration during the Global Financial crisis and prior to that served a senior post on the National Security council and the department of commerce. From 19992005, david was the Technology Entrepreneur serving as ceo and president of publicly traded software companies, free markets inc. And prior to that was a consultant at mck
The 10year treasury is yielyieldin 4. 19 . I believe these are sitting at high levels for yields for the year i had a computer problem before we started. Of course. Thats why i was asking you i was deferring. Lets look. It is clear it is high yields for the year if you look at that year to date that yield up 8 all of this is happening as we got stronger than anticipated adp numbers this week and the downgrade from fitch can i point out, becky, look at when this is higher than the last time which is back in march when we had the problem with the regional banks oh, thats very interesting too many alarm bells. We are back to the pressure on the banks. Now, they had a lot of time to get their act together they had the fed program to take their tired, poor, hungry and underfunded bonds to the fed and get 100 financing off that. It is an area where there was pressure on the bacnks. We have to watch the regional banks. I havent looked in a day or so. They were doing quite well and i dont know
World but if you spend any time on this campus you know how important the jesuit idealism of services and being men and women for others. So this final panel will look at that a little bit. I was a sophomore in the school of Foreign Service in octobe october 1991 when then governor bill clinton came to georgetown to deliver his new series of new covenant speeches as part of his president ial campaign. It inspired me. Georgetown was electric place and even those College Republicans who didnt vote for governor clinton still thought it was pretty cool to have [inaudible] at the top of the national ticket. Before we get into the meat of todays conversation one of the incredible import one we thought we would give you all just a little glimpse into life at georgetown during the 1992 campaign. In 1990s georgetown was such a vibrant place to be because of the uncertainty and this new world order that everyone was talking about. The cold war had just come to an end in 1989 and the wall fell an