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 Vote for three.
Question of the Day
Market Overview
World Market Overview
U.S. Market Overview
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
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."
Berkshire Berkshire Hathaway’s Annual Returns
Portfolio Overview BAC Slips on Debit Card Fees, KSS adds 40k assoc’s.
Portfolio Overview Overview vs. S&P 500
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
Nominal GDP
Consumption
Investment
GDP QoQ Growth
Consumption QoQ
Investment QoQ
Investment vs. Consum.
Stock Pitch
Membership Voting Is this stock investment grade?
Membership Dues Active Members must pay dues – $40 per semester or $60 per academic year Payment Methods: – Online via website: Navigate to Membership and select “Pay Dues” – In person by cash, check, or credit card (see Mark)
Stock Pitch Competition CORRECTED DATE: Saturday, October 22 nd 10:30a-6:00p, SAC Legislative Assembly Awards: – 1 st Place Overall – 2 nd Place Overall – Best Underclassmen Team Registration commences online Friday!