Good evening. My name is trevor fromhe boston book festival. Thank you so much for joining us this afternoons 2020 session, can business save the world. I would especiall like to think everyone including a donation en they register for this free event. It would like to purchase the book by todays presenters, were also suppoing independent bookstores in the bbf, which made it easy. Just cli by t book linkt the bottom of the screen. No i like to talk about them moderator, cofounder of fsg and the author of influential publicions on sharealue catalytic herapy, strategic evuations and impact insting. Thank you trevor and it is wonderful to be here and these ar two outstanding womanhood just written two books the long and a book shelf. Where used to thinking about business as being the source of so any problems in the world today. Its quite refreshing to he a panel that talks abo whether business can save the world and while that is a large and openended question. Trevor our two authors tod
Dom . It looks like well try that recovery trade from yesterdays late day selloff here. Stocks are broadly higher and to a decent degree. 250point gain for the dow about 1 upside. The s p 500 still very much above that 3,400 area. Thats an area that a lot of traders are looking at as a pattern of support there possibly for the markets up 1 , and the nasdaq, believe it or not, is underperforming, only up threequarters of 1 as well so the nasdaq a key focus there. If you take a look at some of the things that traders are watching from a more macro perspective. Interest rates, especially longer term ones are a very key focus here we dont show the 30year long bond very often. We focus on the tenyear more but that move to the upside has taken that 30year long bond beeld 1. 592 above its longer term trend line or the 200day average yield for that particular Interest Rate 1. 52 is the level to watch there. That could have reverberations on the financial side of the market also then check out
I write mostly comic novels. We have written seven or eight of those. This book is a memoir probably the only memoir i will never write. I dont have that much to say. May be going out on thin i. C. E. I dont think i will write another book than this one in part because it is so singular in nature. About two Extraordinary People who provided me with some amazing material for a book. Host what was it like to write the book . I sat down shortly after i buried my father last year i woke up in the morning with no intention of writing a book and started writing a book and i wrote a in 40 days. Was accidental there was no biblical collusion but when i looked at the calendar i saw 40 days had lapsed. I work hard to on my writing. It wrote a lot of it itself but we pretty much poured out. Host were you surprised at what poured out . Yes. I think the first sentence read Something Like im not sure how this book is going to turn out. I was indeed surprised at how it turned out. Host thats exactly
Has been a tumultuous quarter. Plus, a rough quarter for ipo shares of ab inbev and Bernie Sanders corporate tax, the 2020 president ial hopeful out with a new plan calling for a tax on companies that pay their ceos way more than their workers it has been a roller coaster ride for stocks in the Third Quarter as we enter the final trading session of q3. Dow and nasdaq aiming for a Third Straight quarterly gain. Mike, awe kn mike, as we know, we went into the month thinking big, bad and scary. I think thats actually the story for the quarter too, the market held itself together and preserved these levels it was at, just about at old highs. Without really a ton turning for the better the way you can look at it is the cost of two and maybe a third fed rate cut was not that steep in the way of suffering through really bad growth or any real stress in the Financial System just yet. So but it does feel tenuous, feels as if the market is sort of maximized what it had to work with to get to thi
Some ways so different. Mr. Costa thats our land grant universities, our agricultural schools like yours that have played an Important Role historically in terms of research that has allowed american agriculture over 100 years to really achieve levels of quality and production and best Management Practices that without that academic involvement i dont think would have been possible. Keep up the good work. Our next witness today is a person, her family, rosy burroughs with the family farms in california. They are a marketing flagship or organic raised added value products produced by the Family Enterprises include almonds, beef, chicken, berries, eggs, sheep, olive oil, and turkeys. Their ranching efforts are like california, diverse and we are very proud of their efforts. Please, you have five minutes to present to the committee. Looking forward to hearing your comments. Ms. Burroughs good morning. Subcommittee chairman costa. Ranking member johnson. Members of the subcommittee. Member