Dow and the s p 500 putting in a new record highs, but the nasdaq the laggard today. So far not another record high. Everyone has been talking about the string of records. Can this be the longest bull market ever . Goldman sachs is saying the evaluation is stretched to levels not seen since 1900, and pain. This may end in they also talk about the idea that a 6040 portfolio, typically in a retirement portfolio, 60 stocks, 40 bonds, a very balanced portfolio. There turning 12. 86 vs. 7. 1 since 1985, and 4. 8 over the last century. Certainly the returns matching these record highs are seeing. The question is when and how might it end. Fed chair janet yellen will be testifying shortly. We had a reaction to her preprepared remarks. The 10year yield, up six basis points. The incredible that the fed is likely on the path for continued gradual rate hikes. We have the other havens selling off, including the yen, gold, trading lower, supporting the riskon tone we are seeing to some degree. Of c
And the prospects for our economy. The Federal Reserve and is one of the most important institutions in the country and if it deed the world. Served as vice chair, then as chair of the Federal Reserve board. Her distinguished service covered the most tumull chews period since the great depression. Many books have already been written about this period and certainly many more will be written from different points of view and differing assessments. The Financial System and the economy have stabilized. We are no longer debating how to reconstitute them. But rather how they might work even better. This hearing will review the Development Since the crisis and especially since dr. Yellen became it fed due to maximum employment and price stability. By the Standard Measure of unemployment which is 4. 1 at last reading and by the Standard Measure of inflation which most recently stood at 1. 6 . Both the first and second goals have been achieved. Although the standard of metrics are very good, a
And the prospects for our economy. The Federal Reserve and is one of the most important institutions in the country and if it deed the world. Served as vice chair, then as chair of the Federal Reserve board. Her distinguished service covered the most tumull chews period since the great depression. Many books have already been written about this period and certainly many more will be written from different points of view and differing assessments. The Financial System and the economy have stabilized. We are no longer debating how to reconstitute them. But rather how they might work even better. This hearing will review the Development Since the crisis and especially since dr. Yellen became it fed due to maximum employment and price stability. By the Standard Measure of unemployment which is 4. 1 at last reading and by the Standard Measure of inflation which most recently stood at 1. 6 . Both the first and second goals have been achieved. Although the standard of metrics are very good, a
This is just under two hours. Welcome, everyone, to the hearing, and we will discuss the prospects for our economy. The Federal Reserve is one of the most important institutions in the country and, indeed, the world. Chair yellen served as president of San Francisco fed, then as vice chair, then as chair of the Federal Reserve board. Our distinguished service at the fed encompassed the most tumultuous time in the United States financial and economic systems since the great depression. Many books have already been written about the events of this time, and many more will certainly be written from different points of view. And with varying assessments. One thing is certain the Financial System and the economy have stabilized. We are no longer debating how to reconstitute them, but rather how they might work even better. This hearing will review the development the crisis and special sense doctor yellin director yellen became the chair of the fed in terms of the dual mandate of maximum em
A Panel Discussion about the soviet invasion off of donnas ston and many of the victims are students. Also on the grid recruited to fight forced to become suicide bombers killed in their homes schools and playgrounds the u. N. Says its shocked by spiraling levels of violence against children in conflict zones theres also a message for seemingly in different worlds and running on empty Africas Largest Oil Producer nigeria doesnt have enough petrol for its own people will explore the corruption thats the blame in the thriving black market filling peoples tanks im looking at how the online world is responding to a surge in the number of women being murdered in mexico send us your thoughts using the hash tag it industry. You know in the news when were live on air were streaming online through Facebook Live and at aljazeera dot com thanks for joining us at least forty people are dead and many more wounded after yet another suicide bombing in kabul Cultural Organisation was the target but th