Chicago Fed President Charles Evans: 'I'm not worried about a recession'

Charles Evans, President of the Federal Reserve Bank of Chicago

Charles Evans, president of the Federal Reserve Bank of Chicago, says the fundamentals of the U.S. economy are still "quite strong," and he sees growth of between 1.75 percent to 2 percent in 2019. CNBC International TV video above published Mar 25, 2019.

Domain: chicagofed.org

Charlie #Evans is speaking now Revisiting Risk Management in Monetary Policy on at the #CSAIC hosted by @csapac. The full text of his speech is available online: https://t.co/vgngyUDeXe pic.twitter.com/xvfVoOk7S3

— ChicagoFed (@ChicagoFed) March 25, 2019

It's #FedFriday: True or false? The lifespan of a $100 bill is about 10 years. Find out if you're right, then find out how many hundreds are in circulation: https://t.co/YvquosO4WR pic.twitter.com/tJuqN0qa84

— ChicagoFed (@ChicagoFed) March 22, 2019

Join us at #PolicySummit 2019 this June in #Cincinnati! Raj Chetty & David Williams @OppInsights will discuss econ mobility & what we might do to help people get ahead, w/ @ClevelandFed & @ChicagoFed, @MinneapolisFed, @philadelphiafed & @stlouisfed. https://t.co/fQNiytgTJM pic.twitter.com/5fJXKBrERy

— ClevelandFed (@ClevelandFed) March 22, 2019

Don't miss your chance to hear #federalreserve Chair Powell discuss Renewing the Promise of the Middle Class at the Fed's #CommunityDevelopment Conference on May 9-10, 2019, in Washington, DC. Full agenda now available at #CommDev2019. https://t.co/0RHBSQ2Fh3 pic.twitter.com/HQYg7M08Mw

— ChicagoFed (@ChicagoFed) March 13, 2019

Meet our #K9 officers at our Detroit Branch, Gajo and Vice. As you can see, they take their workouts seriously. (Gajo leaps, while Vice rests up.) Stay tuned for more action! #dogsofthefed pic.twitter.com/sDz4L6Z8n0

— ChicagoFed (@ChicagoFed) March 13, 2019

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Tech Review | Trump Effect: Infosys to Hire 10,000 in U.S. | TR2017-05-06

Tech Review (TR 2017-05-06)--Domain Mondo's weekly review of tech news:

Features • 1) Trump Effect: Infosys to Hire 10,000 in U.S., 2) Q1 2017 Earnings Season, 3) Broadband Internet & Satellites, 4) Chrome OS killing Microsoft & Apple in Education, 5) Net Neutrality, 6) Can Amazon and Twitter Kill Off TV, 7) ICYMI.

1) Infosys to Hire 10,000 Workers Amid Visa Crackdown

Video above published May 2, 2017: Techonomy CEO David Kirkpatrick and Bloomberg's Cory Johnson discuss Infosys Ltd.'s plans to hire 10,000 Americans in the next two years. They speak with Bloomberg's Emily Chang on "Bloomberg Technology."

2) Q1 2017 Earnings Season on Domain Mondo this past week Apple $AAPL, GoDaddy $GDDY, and Facebook $FB. This coming week on May 9th both Tucows $TCX and Rightside $NAME report Q1 2017 results.

3) Broadband Internet & Satellites--Investing in America’s Broadband Infrastructure: Exploring Ways to Reduce Barriers to Deployment - Hearings - U.S. Senate Committee On Commerce, Science, & Transportation | commerce.senate.govMay 3, 2017: During the Senate Commerce hearing on Wednesday, Patricia Cooper, SpaceX V.P. of satellite government affairs, testified about the company's plans to deploy a constellation of 4,425 satellites to deliver broadband internet around the world. Note that there currently are only an estimated 1,459 satellites in orbit around Earth. Transcript of Ms. Cooper's prepared testimony (pdf).

4) Chrome OS killing Microsoft & Apple in Education: In 2016, mobile devices running Alphabet Inc's Google’s Chrome operating system accounted for 58 percent of the U.S. market for primary and secondary schools, according to Futuresource Consulting.--Reuters.com

Next week .@Microsoft's #edtech division making big announcements #CloudOS. @Futuresourcer shares report insights https://t.co/r1yWtQrQoy pic.twitter.com/d9AECbvFWa

— Futuresource (@Futuresourcer) April 28, 2017

5)  Net Neutrality Rules May Slow Innovation, but Uncertainty Will Be Worse | TechnologyReview.com: "FCC chairman Ajit Pai argues that rules governing Internet providers discourage investment, but killing them could create more problems for content providers."

6)  Can Amazon and Twitter Kill Off TV by Streaming Live Events? | TechnologyReview.com: "New live Twitter programming and streaming NFL games on Amazon Prime will test whether the Internet can hold the same allure for live action as the humble TV." See also: "Celebrate the company that is driving the zeitgeist, where all stories get started, where those addicted to news live. Newspapers come second. TV is a comparative joke. And everybody worth their salt in either medium is right there on Twitter"--Lefsetz.com.

7) ICYMI Tech News Quick Takes:

• Apple to create $1 billion U.S. advanced manufacturing fund | Reuters.com

• Apple: Difficult Choices - Apple Inc. (NASDAQ:AAPL) | SeekingAlpha.com

• iPhone Could Be Banned From U.S. Under Qualcomm Import Complaint | Fortune.com

• Facebook Q1 2017 earnings reaction: easy mobile growth days over | cnbc.com

• Facebook nears ad-only business model as game revenue falls | Reuters.com

• Oculus Story Studio: Facebook Is Closing Its VR Storytelling Unit | Variety.com

• IBM to snap up remnants of Verizon's cloud business | ZDNet.com

• Alexa: where is Amazon opening a new R&D center? Cambridge, England | Reuters.com

• President Obama's team sought NSA intel on thousands of Americans during the 2016 election | Circa.com

-- John Poole, Editor, Domain Mondo  

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LIVE Video Replay: March 15 Federal Reserve FOMC Press Conference

FOMC Press Conference March 15, 2017, 2:30pm ET

Video above published March 15, 2017, by the U.S. Federal Reserve. Chair of the Federal Reserve Board of Governors is Janet Yellen.

On March 15th, the FOMC raised the interest rate by 25 BPS as expected. Federal Open Market Committee statement--excerpt: "In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation."

DJIA and S&P500 closed UP Wednesday after FOMC Rate Hike

FRB: Monetary Policy: "Federal Open Market Committee Monetary policy is made by the Federal Open Market Committee (FOMC), which consists of the members of the Board of Governors of the Federal Reserve System and five Reserve Bank presidents. The FOMC holds eight regularly scheduled meetings during the year, and other meetings as needed."

• Federal Open Market Committee (FOMC) Calendar 
• FOMC Longer-Run Goals and Monetary Policy Strategy (PDF)
• FOMC Policy Normalization Principles and Plans
• Related information: Recent Statement | Recent Minutes | View All
• FOMC Transcripts and Other Historical Materials: 2011 FOMC Transcripts, Presentation Materials, Agendas, Tealbooks, and SEP Individual Projections

Fed Statement Tracker | WSJ.com: The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Pundits and traders parse the changes between statements closely to see how policy makers’ views are evolving. Use the tool at the link above to compare any two statements since 2007.

Gundlach expects short-term rally in U.S. Treasuries on hawkish Fed: CNBC https://t.co/sDTCMDCeBK #fed RTRS

— Pablo Piovano (@pabspiovano) March 15, 2017

@FederalReserve #FOMC:
Tweets by federalreserve

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ICANN58 | Copenhagen | Info & Links

US Recession Risk: Slow Growth Economy, Small Business Optimism Low

Evercore CEO: We're 'Close to the End of the Line' for Monetary Stimulus:

Evercore CEO: We've Got A Slow Growth Economy That Is Vulnerable - Ralph Schlosstein, chief executive officer at Evercore Partners, evercore.com, discusses the restrictions of monetary policy and the need for a move to fiscal policy. He speaks on "Bloomberg ‹GO›", published by Bloomberg.com May 4, 2016.

Video below: Survey Reports Small Business Optimism Hits 3-Year Low

Despite a strengthening employment picture nationwide, a new Bank of America survey indicates less than a quarter of small business owners plan to hire new employees in 2016 amid pessimism about economic growth. Bank of America's Sue Lonergan and small business owner Sal Rizzo join Lunch Break with Tanya Rivero to discuss. Published by WSJ.com on May 4, 2016

Video below: World markets continue to behave as though there is a risk of a US recession

America's profits recession | Authers' Note: John Authers looks at profits and revenues data to try to explain why. Published by FT.com on May 4, 2016.


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