general meeting #5
DESCRIPTION
General Meeting #5. October 4, 2011. Agenda. Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements. Auditing Elections. Alex Midden Vincent Nguyen Tommy Pi Andrew Templeton Peggy Wang Andrew Weissgarber. - PowerPoint PPT PresentationTRANSCRIPT
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General Meeting #5
October 4, 2011
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Agenda
• Auditing Speeches• Question of the Day• Market Overview• Dissecting GDP• Team Stock Pitch• Membership Voting• Announcements
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Auditing Elections
• Alex Midden• Vincent Nguyen• Tommy Pi• Andrew Templeton• Peggy Wang• Andrew Weissgarber
Vote for three.
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Question of the Day
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Market Overview
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World Market Overview
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U.S. Market Overview
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Market Overview
U.S. Markets
• “Recovery is close to faltering”• Inferred Fed could adopt
additional stimulus• Don’t cut spending sharply while
economy is weak• Working to provide loan rates for
refinancing, but banks aren’t lending
• May lower rate on bank reserves
Bernanke News
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Warren Buffet’s Take
"I would bet very heavily against that. How fast the recovery will come, I don't know. I see nothing that indicates any kind of a double dip."
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Berkshire
Berkshire Hathaway’s
Annual Returns
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Portfolio Overview
BAC Slips on Debit Card Fees, KSS adds 40k assoc’s.
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Portfolio Overview
Overview vs. S&P 500
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GDP
• Factors:
– Consumption
– Investment
– Government Spending
– Exports / Imports
• Value of all goods and services produced within a country
• Contrasts with GNP, which measures productivity of residents
• Consumption often the focus of media studies
Gross Domestic Product
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Nominal GDP
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Consumption
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Investment
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GDP QoQ Growth
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Consumption QoQ
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Investment QoQ
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Investment vs. Consum.
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Stock Pitch
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Membership Voting
Is this stock investment grade?
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Membership Dues
• Active Members must pay dues– $40 per semester or $60 per academic year
• Payment Methods:– Online via website: http://usiteam.org/• Navigate to Membership and select “Pay Dues”
– In person by cash, check, or credit card (see Mark)
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Stock Pitch Competition
• CORRECTED DATE: Saturday, October 22nd
• 10:30a-6:00p, SAC Legislative Assembly• Awards:– 1st Place Overall– 2nd Place Overall– Best Underclassmen Team
• Registration commences online Friday!