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June 29, 2024
I will pass it over to jd foster. Pleasure to have you with us today. Nice to be here with my colleague, randy. Before we begin i want to acknowledge the people in houston and those suffering from hurricane harvey. Wish them on behalf of the chamber the safety and swiftest possible recovery from what theyre dealing with. The economy is in its ninth year of expansion. Which is fairly notable. That makes it the third longest in modern era. By next spring we will have tied for second and curiously,...
June 29, 2024
Thank you very much for coming today. I think well get started. Welcome to all the American Enterprise institute. Im andrew biggs. And todays session is titled what can irs data tell us about Retirement Income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about Retirement Incomes . Its not something quite...
June 29, 2024
Math and sue herera are off tonight, so its just you and me. The dow snapped its sixday win stream as shares of General Electric weighed on Investor Sentiment and saw their biggest decline in six year. Well have more on that story in a moment, but first the closing numbers. The dow did hit an intraday high today, but finally fell 54 points to 23,273. The nasdaq was down by 42 points, the s p fell by ten. The prospects of tax reform has long been a big driver for this stock market, but one tax pr...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
[cheers and applause] john the phrase American Dream came with a book written in the midst of the depression america is that dream of a land where life should be better and richer and fuller for everyone and for many people the dream has come true but now ayatollah something is wrong. It is no longer accessible is it suffering or alive and well . 75 percent said suffering. Is that true . How many of you think is as achievable as it was before . [cheers and applause] how many of you feel not so m...
June 28, 2024
Plus the dow and s p were set to rebound from what was the worst session since mid may. Despite an improving ipo pipeline blue apron ahead of the nysc debut tomorrow. Senate republicans hoping to get a vote on the Health Care Bill after the july 4th recess that fols the decision to postpone a vote amid gop senators passage of a trump care bill seems unlikely due to political obstacles. Goldman says quote estimates of the potential increase in the uninsured population seem unlikely to improve eve...
June 28, 2024
Bazos versus trump power lunch starts right now heres what else is happening. Southwest airlines pulling back on its service to cuba because the routes were not sustainable. Southwest will continue the service from ft. Lauderdale and tampa to havana. Phil jackson out as New York Knicks president they were 80166 in his full three seasons. And for the first time ever, samsung will build appliances right here in america. It will open a factory in South Carolina creating more than 950 jobs by 2020. ...