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Next, a discussion on congress, courts and the socalled Administrative State at the annual Steamboat SpringsFreedom Conference in colorado. All right. We are switching gears. We have a very compelling discussion coming up on what is in a way the Fourth Branch of government and that is the Administrative State that has such an impact on all of our lives and our businesses. The rise of the Administrative State, will the u. S. Be a democracy in the future or a nation ruled by the Administrative State . Our panel is going to come up in just a minute. Youre going to get a pre ....
Coming down. They havees taken a hit. Accompanied this shift for stocks, or the seeming sentiment. Shift in the bond market as well. We see the 10 year old right 2 . Nd six point as we see some money flight out of stocks. We are seeing a similar situation with bonds. This is the net change in yield for the 5, 10 year yield. Andtwo has seen the biggest the past four months. We have seen that 86 point change there. It has been much more moderate for the longer end of the curve. Now the 10 year is picking up with those changes. Gettingd stocks back to the stoxx for a moment. It has gone on the downside today. Today. Trading it was one of the big winners last year. Merck is facing a potential classaction lawsuit contending they made a deal with the generic drug maker to delay competition for their cholesterol drug. Finally General Electric continuing their slide here as it has been battered over the past few days ill and the breakdo ....
We talk a lot about infrastructure on this show. So let me just remind you of what the state of americas infrastructure is. If you got a grade, it would be a dplus. Im talking about our roads, our bridges, rare ways communications and more. Collectively they get nothing more than a dplus. This report card was put out in 2013 by the American Society of civil engineers. Arguebly they may have a dog in this hunt, but not only are we not doing enough to modernize our public infrastructure, were barely maintaining what we have now. President obama has spent years calling for a publicprivate Infrastructure Bank that could jump start financing on big projects. The idea would be to attract billions of dollars in investment from the private sector to Fund Infrastructure fixes and upgrades in return investors would rec ....
We talk a lot about infrastructure on this show. So let me just remind you of what the state of americas infrastructure is. If you got a grade it would be a dplus. Im talking about our roads our bridges, rare ways, communications and more. Collectively they get nothing more than a dplus. This report card was put out in 2013 by the American Society of civil engineers. Arguebly they may have a dog in this hunt, but not only are we not doing enough to modernize our public infrastructure, were barely maintaining what we have now. President obama has spent years calling for a publicprivate Infrastructure Bank that could jump start financing on big projects. The idea would be to attract billions of dollars in investment from the private sector to Fund Infrastructure fixes and upgrades in return investors would rece ....
We talk a lot about infrastructure on this show. So let me just remind you of what the state of americas infrastructure is. If you got a grade, it would be a dplus. Im talking about our roads, our bridges, rare ways communications and more. Collectively they get nothing more than a dplus. This report card was put out in 2013 by the American Society of civil engineers. Arguebly they may have a dog in this hunt, but not only are we not doing enough to modernize our public infrastructure, were barely maintaining what we have now. President obama has spent years calling for a publicprivate Infrastructure Bank that could jump start financing on big projects. The idea would be to attract billions of dollars in investment from the private sector to Fund Infrastructure fixes and upgrades in return investors would rec ....