The pain. He is here along with senator mike braun. China is firing back as the cold war between the two countries heat up but i continue to ask this one question. Is this big business silence same thing as collaborating with the enemy . Will big business join the fight . We have blockbuster panel to weigh in that. All and much more on making money. [. Charles its a down day for the markets which was not overdue, not sparking any real alarm. The rebound moved from erasing 20 20s losses to try to distance the fastest bear market in the history, now to the point where you want to broaden out winners if we are to keep this rally going. There are sufficient reasons for concern and near term valuation, coronavirus, long term growing debt and u. S. President ial elections but i got to tell you the s p and nasdaq higher for the year. The question will the dow join them soon . I have Fitzgerald Group principle, keith fitzgerald, David Nicholas and point view Wealth Management david dietze. I w
We start in the austrian capital, vienna, where a deal is being been done that will affect how much we pay for fuel next year. 0il ministers from the organization of Petroleum Exporting countries or opec for short and their allies, including russia, have been meeting to try and prop up the price of crude. Lets show you why. Back in 2017, they agreed to cut oil supplies to boost flagging prices. As you can see, until the end of last year it was working very well. But as prices rose, it encouraged Shale Oil Producers in the us to invest heavily, meaning american production is now at a record high. That meant too much oil. Prices coming down again and financial problems for countries who rely on oil exports. So, they are planning to cut production further, by another 500,000 barrels per day. If the deal is signed off, that would mean total production cuts of 1. 7 Million Barrels per day, equivalent to 1. 7 of the worlds supply. Analyst roger diwan is at the meeting. He said a deal is cruc
Nations distinguished thinkers an innovators. It is my privilege to introduce todays participant to engage us in a captivating discussion of health care. Let me start by introducing the guest speaker who i have known for many years and consider him a mentor and friend. Scott serota is the ceo of Blue Cross Blue Shield, and a National Federation of supporting 36 independent communitybased and locallyowned Blue Cross Blue Shield companies and including Blue Cross Blue Shield of michigan. The Blue Cross Blue Shield system through its federation of insurers covers 1 of 3 americans, and i think that this is a very important statistic, because nobody else does this frankly, it serves every zip code in the united states, meaning in every zip code in america, someone has a Blue Cross Blue Shield card. He is overseeing one of the most trusted brands in health care, and scott is one of the most influential leaders driving Public Policy and conversations on health care and health care reform, and
Previous generations were the 20s and 30s, largely because of Mental Health issues. Theaid that in remarks at Detroit Economic Club about the future of health care, Prescription Drug costs, and medical innovation. Thank you, steve. Good afternoon, everybody, and welcome to our d. C. Members and our guests. It is wonderful to be here at club, anit Economic Organization that has long attracted some of the nations most distinguished thinkers and innovators. To introducer todays participants, who will engage us in a captivating discussion about the future of health care. I begin by introducing our guest speaker, someone i have known for many years and consider him a mentor and a friend. President ta is the and ceo of the Blue Cross Blue Shield association, a National Federation that supports 36 independent communitybased and locally operated Blue Cross Blue Shield companies, including Blue Cross Blue Shield michigan. The Blue Cross Blue Shield system, through its federation of insurers, co
Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for the rest of the year are Holding Quite strong right expectations we have for the rest of the year are Holding Quite strong. Alix they are factoring in just two rate cuts. Sonali their outlook is going to be very important. Jp morgan premuch told everybody it is not a big deal for the end of the year. Jp morgan pretty much told everybody it is not a big deal for the end of the year. Investment banking up 27 year on year. Advisory fees were up. Debt underwriting up. Equity underwriting a little s