General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview...

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General Meeting #5 October 4, 2011

Transcript of General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview...

Page 1: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

General Meeting #5

October 4, 2011

Page 2: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Agenda

• Auditing Speeches• Question of the Day• Market Overview• Dissecting GDP• Team Stock Pitch• Membership Voting• Announcements

Page 3: 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.

Page 4: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Question of the Day

Page 5: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Market Overview

Page 6: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

World Market Overview

Page 7: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

U.S. Market Overview

Page 8: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

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

Page 9: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

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."

Page 10: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Berkshire

Berkshire Hathaway’s

Annual Returns

Page 11: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Portfolio Overview

BAC Slips on Debit Card Fees, KSS adds 40k assoc’s.

Page 12: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Portfolio Overview

Overview vs. S&P 500

Page 13: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

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

Page 14: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Nominal GDP

Page 15: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Consumption

Page 16: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Investment

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GDP QoQ Growth

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Consumption QoQ

Page 19: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Investment QoQ

Page 20: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Investment vs. Consum.

Page 21: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Stock Pitch

Page 22: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

Membership Voting

Is this stock investment grade?

Page 23: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

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)

Page 24: General Meeting #5 October 4, 2011. Agenda Auditing Speeches Question of the Day Market Overview Dissecting GDP Team Stock Pitch Membership Voting Announcements.

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!