In the work force logger to leave sooner than they might otherwise. So i think that is one of the realities and as i started out with my comments, i think one of the big contributions Juliette Cubanski did with the study, being one of the first to look at the whole world and ask questions, how does this analysis of Public Policy change once you factor in the enactment of the Affordable Care act and its implementation in 2014 . This is a question for Juliette Cubanski. The kaiser study estimates spending of full medicaid coverage to everybody eligible for medicaid presume that 100 would get coverage. Questions both about coverage and cost. The study is done and we know what is going on in the real world, what are the more likely to affect on coverage and more likely effects on medicaid costs . I am going to broaden the question little bit and talk about the effects for all coverage sources. We assumed as i said that everybody who lost eligibility for medicare would take another source o
My jobs and our jobs come down to partnership and discussion and consensus building and meetings and more meetings and unfortunately that takes more time than a linear top down structure so when i talk at conferences i was at dream force not long ago and having lunch with people i dont understand government and how this works. I spent time educating people how government is today and how were trying to change it and streamline it and maybe it more efficient but its a challenge and its a transition for a organization. I think like a battle ship City Government is not easy to turn quickly. Its going to take us years of hard work and partnership and dedication to make that happen. I think we are forging those partnerships. I think there will be debated about centralize and decentralization but in the interim period or Department Heads make a determination about that i think it boils down to partnerships and i think department of technology and cio and coit we spend time creating these par
Or thought them shills, and worst of all, permabulls. Im talking about wall street analysts, the research community. This group of highly paid professionals is now a changed breed. They developed a level of skepticism that i cannot recall witnessing before. You know whats truly amazing about this newfound negative aggression of analysts who wanted to downgrade stock at the speed of light . Its been happening at precisely the wrong time. The time when at last, there is a bona fide reason to be bullish. Corporate profits are rolling. Rising profits are the mothers milk of higher stock prices. If you generate better than expected profits, meaning reporting numbers in excess of what this Analyst Community is looking for your stock can go higher, and that was the case for most of last year as analysts were forced kicking and screaming to raise their estimates and price targets, propelling stocks higher and higher right in their faces. I think 2014 will be the year where companies will begin
And permables. Im talking about wall street analysts, the research community. In this group of highly paid professionals is now a changed breed. They developed a level of skepticism that i cannot recall witnessing before. You know whats amazing about this newfound aggression of analysts who wanted to downgrade stock at the speed of light . Its been happening at precisely the wrong time. The time when it lasts, there is a bona fide reason. Corporates are rolling. Rising profits are the mothers milk of higher stock prices. If you generate better than expected profits, meaning reporting numbers in excess of what this analysts community is looking for your stock can go higher and that was the case for most of last year as analysts were forced kicking and screaming to raise their estimates, propelling stocks higher and higher right in their faces. I think 2014 will be the year where companies will begin to beat not just the earnings estimates but the revenues, the sales estimates. That coul
U. S. House passes a bill to avoid the fiscal cliff, but president obama warns us he doesnt want to go to the brink in the next fight over the debt ceiling. I will not have another debate with this congress over whether or not they should pay the bills that theyve already racked up through the laws that they passed. The budget deal boosts asian stocks in hong kong and australia hitting 19month highs in the first trading session of the year. European equities also share a deal out of washington despite more gloom from the eurozone. Manufacturing has continued to contract according to the latest pmi. Okay. 2013, a warm welcome to viewers of Worldwide Exchange. My special families to a family called the wards. Thank you for hosting my family over the new year. Personalities out of the way, eurozone, still looking glum despite the Market Reaction to the fiscal cliff deal this morning. To recap, the eurozone december following manufacturer pmi, 46. 1, the flash was 46. 3. The final output i