general meeting #5 october 4, 2011. agenda auditing speeches question of the day market overview...
TRANSCRIPT
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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!