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Data point, trade i guess, we will talk a little bit about Monetary Policy. Part of that discussion the fed has started to talk about the role of its Balance Sheet, talking about that in a little bit. Randy crowson or i think all of you know. University of chicago, former governor at the fed. Now the university of chicago. A number of years at the, now at Johns Hopkins but only to give that. So, we are now in the third longest economic expansion that weve had. One of the questions is will policy change being discussed both in monetary fiscal policy extend that expansion or not . In light of the discussion about the mortgagebacked component of the fed, and we at fannie mae looking at the 10 year treasury out of time. That started to arrive back in july with the ecb Holdin ....
Biggest fundraiser for make a wish iowa. Tonight, see how the wishes will still happen. The news starts in 30 seconds. Youre watching local 5 news at 10 in hd. We are iowas most Accurate Weather Team brad wx wall weather adlib today is the First Official day of winter, which means that tonight will be our officially winter, it is really not going to feel much like winter this week. Tonight will be cool and dry with decreasing clouds late tonight. We should start out with some sunshine tuesday but then clouds will make for a partly sunny afternoon. With some sunshine and southerly winds returning, we will be able to get our temps back into the 40s in the afternoon. Tuesday will be dry, but it is looking a bit rainy for wednesday. Another system will be coming out of the sw and bringing us a good chance for rain. The heaviest of this rain will fall again over eastern iow ....
Wound up how the powell doctrine, he formulated it. decide what it is you re trying to do first, before you allocate resources particularly scarce resources in order to get it done. michael talked about how he went down to talk to the people who were actually doing the work. that was his mod us on randy. he said he learned going to meetings as a high ranking officer you learned nothing. the way to find out what s going on is to go down where the people are actually doing the work, following the orders and instructions that have been given down through the chain of command. and talking to the people who are at the bottom of the food chain. he said that s how you find out whether or not your orders and instructions are worthwhile, whether or not they re being carried out, and how the people who are doing the work are ....