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Welcome to the second day of the policy conference. My name is ilan kolet. Im the head of inflation and Commodities Research at Fidelity Investments in boston. Today, we have the pleasure of hearing the latest views from World Bank PresidentDavid Malpass. President malpass is the 13th president of the world bank group. A term he began last year. Prior to joining the world bank, he served as undersecretary of the treasury for international affairs, founded a Macroeconomics Research firm, and served as the chief economist at bear stearns. While many of us know him now as a policymaker, there is a very long history in private sector macroeconomic analysis. Yesterday, when i was chatting ....
Welcome to the second day of the policy conference. Im the ahead of inflation, oddities research and fidelity in boston and today we have the pleasure of hearing the latest views from the 13th president of the World Bank Group determined he began last year prior to joining he served as undersecretary of the treasury for international affairs, founded a Macroeconomic Research firm and served as the chief economist while many of us know him now as a policymaker there is a very long history in the private sector economics. When i was chatting with a friend of mine he mentioned the best moderators are funny, fluid and forgettable. With that, the floor is yours. Im very pleased to be here. Ive got some notes and then it is nothing as to tell people about and am looking forward to the conversation and the National ....
In japan and india in the u. S. Hope for moderate fed leadership mr. Powell and the arrival of a tax bill. Here in the United States, stocks also opened at historic highs. It helps tech had a monstrous month in okay. S p up 2. 3 october. Its all lopsided gains, though. Technology was up nearly 8 and its worse than that really five stocks are most of the gain, facebook, amazon, apple, google, microsoft accounted for half of the 2. 3 gain without these five stocks, s p would only be up about 1 . Sarah, thats the amazing thing about market cap weighted indexes. When the biggest names all of a sudden just move together, they move all of the indexes along. Without them s p would only be up about 1 . Sarah, back to you. That helps explain it bob, thank you for more on the markets, lets bring in our own mike santoli. Starting off november after the best month for stocks since back in february and it kicks off with another bang here. Inter ....
Mishap caught on camera. Its the second time in just days. How did it happen . And, victory. And nyquist is still unbeaten he has won the Kentucky Derby the favorite, the first to cross the finish line. The colt grabbing the lead down the home stretch. Can nyquist follow in the footsteps of American Pharoah last year and win the coveted triple crown . Okay. Hey, good morning. Happy mothers day to all the moms out there. And of course to our own paula faris. Mother of three, who vows shell do neither dishes or diapers today. Should i clarify, mother of four. I view you as one of my children, okay . Is that all right. Thats right. Im that much of a problem, ladies and gentlemen. Im excited. Most moms want to check out. My husband has vowed to do all of the cooking, too. Ex is that a good thing . Sit a good thing. They may go hungry in the faris household today. No. Were havin ....