My name is Toby Dershowitz and im the Senior Vice President for Government Relations and strategy. As many of you know, fdd is a nonpartisan policy institute focusing on National Security issues. We are a source for are research and analysis and policy options for congress, for the administration, and for the media and certainly for the wider National Security community. We take no Foreign Government or foreign Corporate Funding and never will. To learn more about fdd, please visit fdd. Org. I want to welcome the online live stream audience and also those watching on cspan today. We invite everyone to join in on the conversation which will be live tweeting fdd. Todays event is hosted by fdd center on economic and financial power. Cefp provised recommendations to policymakers on how the u. S. Can leverage its economic and financial power to achieve its National Security objectives. In a moment well hear from our features speaker, david peyman for counter threat finance and sanctions. He
Good afternoon and welcome to the foundation for defense of democracies. My name is toby dershowitz. Many of you know we are a nonpartisan policy institute focusing on National Security issues. We are a source for research, and analysis and policy options for congress and the administration and for the media and certainly for the National Security community. We take no Foreign Government or Corporate Funding and never will. To learn more about fdd, please visit fdd. Org. I want to welcome the online lifestream audience and also those watching on cspan today. We invite everyone to join in on the conversation which we will be live tweeting fdd. The center on economic and financial power. We provide actionable recommendations to policymakers on how the u. S. Can leverage its economic and financial power to achieve its National Security objectives. In a moment well hear from our featured speaker, david peyman, deput,deputy assistant secretarf state for counterpart finance sanctions. Mr. Pe
To maintain and enforce sanctions specifically those aimed at iran and venezuela. This was held at the foundation for the defense of democracy. Good afternoon and welcome to the foundation for defense of democracies. My name is toby dershowitz. Many of you know we are a nonpartisan policy institute focusing on National Security issues. We are a source for research, and analysis and policy options for congress and the administration and for the media and certainly for the National Security community. We take no Foreign Government or Corporate Funding and never will. To learn more about fdd, please visit fdd. Org. I want to welcome the online lifestream audience and also those watching on cspan today. We invite everyone to join in on the conversation which we will be live tweeting fdd. The center on economic and financial power. We provide actionable recommendations to policymakers on how the u. S. Can leverage its economic and financial power to achieve its National Security objectives.
Even though it might be a happy new year, not so happy in risk assets. Second down day. Dropping the most in more than three weeks. Caution coming into equity markets and risk assets here at the end of the year. Most currencies gaining against it. Edging out. Yield same dynamic where money is moving out of equities but also out of bonds. The10 year yield, it was arrest the stock the financial world. Carlos ghosn was put on trial in japan. Allegations that he denied. The former head of nissan said he fled to lebanon to escape injustice and political persecution. Lets bring in will. Great to have you with us. Carlos ghosn has been under house arrest and was allowed out on bail in april. How did he manage to get out of japan under such heavy surveillance . Surveillances is in the right term for this. Its a mystery. Has his threed he passports so perhaps he escaped from japan using a different name, different passport. But he was under very tight surveillance, house arrest since april. Ver
500 infotech index up 48 , and the energy index was the least best performer. It still was up, though, which tells you how much these markets were looking for good news. The second best performer, Consumer Discretionary in the s p 500. That includes home depot to amazon, ebay, even general motors, so really across the board, it was a good year. For more on the markets more broadly, we are joined by ing head ofvey, global debt and rate strategy. We widened the curve with a bit of steepening going on. To what do you attribute that . Been a really interesting move. We were inverted six months ago. Happened is the fed has cut 75 basis points. Theyve injected a mountain of liquidity into the system, and theres been a real change in sentiment in the sense that six months ago, we were genuinely concerned about a recession in the u. S. Next year. Have beenerns significantly downsized. Theres still trimming this uncertainty, and we so have a very flat curve. If you look at the twostens, it is n