May 10, 2021 by Aimee Minbiole
Honorary degrees will also go to scholars in the arts, education, and sciences.
Pulitzer Prize-winning historian Annette Gordon-Reed 81 will deliver the main address and receive an honorary degree at Dartmouth s 2021 commencement. (Photo by Tony Rinaldo)
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Annette Gordon-Reed 81, a law scholar, MacArthur Fellow, and Pulitzer Prize-winning historian, will deliver the main address and receive an honorary degree at Dartmouth s 2021 commencement in Memorial Stadium, which starts at 11 a.m. on June 13. We are honored to have Annette Gordon-Reed as our commencement speaker this year, says President Philip J. Hanlon 77. With her groundbreaking scholarship, she joins a cohort of prominent honorary degree recipients whose work in the arts, economics, education, and science is transforming our world for the better.
Sunday, May 9, 2021 Judy Shelton Sticks It to The Senate That Didn t Confirm Her Nomination to the Federal Reserve
Judy Shelton
Judy Shelton just scored a bunch of points with me.
Shelton was nominated by President Trump for a position on the Federal Reserve Board. Her nomination failed because of fate and some Trump-hating cronies.
Two senators, who would have voted for her confirmation, had gone into quarantine at the time of the vote because of exposure to COVID-19, Charles Grassley of Iowa and Rick Scott of Florida. And with the super-establishment water carriers Mitt Romney of Utah, Susan Collins of Maine and Lamar Alexander of Tennessee voting against her, she didn t have the votes to gain confirmation. She missed by one vote.
Week Ahead – Dollar declines after massive payrolls miss; Focus shifts to inflation
May 7, 2021SharePrint
Wall Street went on a wild ride after a huge nonfarm payroll report miss reaffirms the Fed’s stance to do nothing. A massive slowdown in hiring was not expected and the knee-jerk reaction across the bond market might have paved the way for further dollar weakness. The US economic recovery will likely take a lot longer than many have initially expected as concerns grow that the issue with the labor market is more of a supply problem.
The aftermath of the massive payroll’s downside surprise will have many investors shift the focus to pricing pressures. Everything is starting to cost more, and employers may need to be prepared to increase wages. The big economic release of the week will be the US April inflation report, which will see the “base-effects” in annual inflation due to the shock that hit the US economy last year. Investors will also pay close attent
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Economists at Wells Fargo Securities believed that the U.S. labor market would need to strengthen significantly before the Fed starts to publicly contemplate a tapering of asset purchases.
The U.S. Federal Reserve is expected to maintain its ultra-loose monetary policy as the economic recovery remains far from complete, analysts said.
We expect the Fed to maintain its policy rate between a range of zero and 0.25%, with no changes to the central bank s forward guidance with respect to asset purchases, following a two-day policy meeting that will end on Wednesday, said Joseph Brusuelas, chief economist at accounting and consulting firm RSM US LLP.