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Higher level of readiness. This is an hour. Mr. Secretary d afternoon, nicholas mr. Secretary how are you. Mark hi, nick. Nicholas i want to say what an honor it is for you, ladies and gentlemen. Bably the busiest person on the planet these days. I just want to say to welcome you what an honor it is for us ladies and gentlemen the 27 secretary of defense he has been for the past year and previously secretary of the army. Very distinguished record of Public Service activeduty after graduation from west point for ten years and then the reserve for 11 years. We look forward to a good conversation...

Of its own way today. In the treasury space, weve got that relatively positive gdp data. Some of that other positive data with regards to consumer spending, as well as housing. That is leading to the shift you are seeing in treasury yields. Yields moving up higher. The tlt moving lower. The bloomberg dollar spot index also moving on the back of some of that strong data. We are seeing oil move a little lower after inventory numbers surprised a lot of folks, catching them off guard. Most of the activity we are seeing in the market a little bit subdued. Obviously the day before thanksgiving here ...

In europe, also eagerly anticipating the jobs report fractional losses across the board with the dax down 0. 2 a check on treasury yields, we have yields, the tenyear specifically, the lowest level since november of 2016 1. 96 on the tenyear. The 30year at 2. 47. The countdown to the employment report is on. Forecasters polled say the u. S. Likely added 165,000 nonfarm jobs in june the Unemployment Rate is expected to hold steady at 3. 6 . If those predictions are right, it wont likely be enough to discourage the fed from cutting Interest Rates later this month. Well have a lot of predictions ...

Ladies and gentlemen, coming. Our topic today is medicare, the largest care player in the american, a huge growing federal entitlement. And a little more than ten years, medicare will increase in enrollment from 65 million to nearly 80 million enrollees and total Program Spending will double today, roughly. Its 1 trillion. And within ten years it will be nearly 2 trillion. At the same time, medicare is changing. Today, half of all seniors are enrolled in Medicare Advantage or a system of private coverage, which is the alternative to traditional medicare. And Medicare Advantage is a defined con...

Largest care player in the american, a huge growing federal entitlement. And a little more than ten years, medicare will increase in enrollment from 65 million to nearly 80 million enrollees and total Program Spending will double today, roughly. Its 1 trillion. And within ten years it will be nearly 2 trillion. At the same time, medicare is changing. Today, half of all seniors are enrolled in Medicare Advantage or a system of private coverage, which is the alternative to traditional medicare. And Medicare Advantage is a defined contribution. And what that means is, is that the government makes...