Historically black sites helped to tell the story of africanamerican migration. They argue for additional efforts and resources to preserve such places for current and future generations. This discussion was part of the association for the study of africanamerican life in history annual meeting. Hello, and welcome. Hello and welcome to the association for the study of africanamerican life and histories 104th annual conference. How the National Park service tells the story of black migrations. My name is madeleine, and im the Senior Executive assistant at the National Parks Conservation Association. Is this better . Sorr sorry about that. On behalf of theresa and the president and ceo, thank you for taking the time to join us and welcome. For those of you not familiar with the National Parks Conservation Association, weve been a powerful, independent voice working to strengthen and protect americas National Parks for 100 years. Through our nationwide network of offices and with our more
A sales miss and more weakness ahead. Is it time to trade out. The Investment Community is ready to go. The Halftime Report starts right now. Welcome good to have you with us on this tuesday. Our Investment Committee at the terrible joe terranova, josh link and the chairman and ceo of the gobelli finds and chief executive officer of merrill private bank. We fin where else, the manchlgts a manchlgts. First though stocks lower as the twoday meeting in washington gets under way mr. Gobelli, the fed is going to cut, right im assuming 20 basis points and the real challenge is the currencies, the negative Interest Rates around the world are causing the dollar to get stronger so how does and what is the impact of that you think the fed should cut . Lets start there. Markets not that far. I dont spend a lot of time on it. I just assume that they will be cutting 25 beeps thats baked into the market of the for example, we have 100 u. S. Treasury fund. No sold taxes and its assuming that already,
Data, lvmh up 2. 5 . Luxury stock stood well. Tech stocks did not do well. That will pass through with names like asml. Alix we have a pretty decent selloff. We have the umich data, with mixed signals. You are seeing adobe is the worst performing stock. Analysts feel their guidance was conservative. Arm is taking a break after that 40 pop. But nothing super dramatic. This is all but the overhang of the uaw strike. Guy we are also watching the dollar continued to climb. The euro is the biggest casualty. It is in for its ninth week of decline. At the moment, we seem to be in a position where the market is beginning to focus less on the rate differential, the market is focusing on the growth differential. If you look at the Growth Numbers being announced out of the United States and europe, that does not bode well on where the euro goes next. Parity does not sound that farfetched anymore. Alix this is the interview after the meeting with the ecb yesterday. We are on the right track and i
This along the holiday weekend. Investors at 27. S p down a fraction treating up this morning the Major Industries look like this. 5100 at a quarter of a percent. Cac and dax down a fraction. Gains across the board. Best performer there. Hong kong continued the momentum up two thirds of a percent. Reagan is overnight. The navy plane crashes near japan with the lebanon board to a people rescued receiving medical treatment. The latest on the search effort this morning. Sad day for the music world. David cassidy has passed, dead at the age of 67. We look back at his career and legacy this morning. Plus, the nfl, the nfls changing attempt on policy by not having players come out at all. While the infamous played. The president treating his reaction. Hes averaged as well. Want to bring some heat to your thanksgiving turkey . Why not try adding some flaming hot cheetos . All of those stories coming up this morning. Fox Business Network they can make towel. Editorial page editor James Freeman
I think what is different today is coming out the crisis, what youve seen banks do, is go back to their basics or go back to the areas they believe they have a competitive advantage. And that competitive advantages oftentimes steeped in scale. When we think of scale and whether scales in markets or Business Bank its or many business. Todays age of Slower Growth and more regulation, if you dont have scale, the odds are you cant buy it. You are not seeing big banks get bigger through acquisition. You have to build it. Slower growth, its tougher to do. ,hat weve seen is the industry in many ways, pull back to areas of strengths. Youve ended up with very different Business Models, which in itself are far more resilient. We can use different examples of firms out there in terms of how they change. Examples, cities as we are not an insurance company. We are not an asset manager. Were not a hedge fund. We are not any of those things. Were simply a bank. Thats the scale that we have pulled bac