1 monday, october 20 th international business association | general meeting #5
TRANSCRIPT
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Monday, October 20th
International Business Association | General Meeting #5
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International Business Association | Agenda
Icebreaker & Happy Quarters
Club Updates & New Additions
Market Updates
1.
2.
3.
4. Stock Market Game & Sporcle Quiz
Wrap-Up 5.
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Market Update | Global Growth & Interest Rates• On Wednesday, government-bond yields saw
their largest decline in more than 5 years– 10-year Treasury yield fell as low as 1.873%– Lowest level in intraday trading since May 2013– $777 bn worth of Treasury bonds changed hands
by 2PM• Highest level for the time period in at least a decade
– Global growth fears• IMF revised expectations that global economy will grow
by 3.8% next year, down from July forecast of 4%• Mainly due to European concerns specifically in Germany,
France and Italy• 38% chance that Europe will re-enter a recession in the
next 6 months
– Why did the 10-year Treasury Yield go down so much? – Do you think global growth issues are affecting the
U.S.? – Do you think our economy is growing or stagnating?
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Treasurer Update | Fundraising Chair
• Payal Saini• Junior• Risk Management major,• Mathematics minor• Joined IBA last semester• Mentor for AASIA• SPC Assc. Director of Education
and Selection Committee• First generation Indian• Languages: Hindi and French
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PR Update | Club Liaison
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Social Update | International Dinner
Where: 329 E. Beaver Ave The Diplomat Room 604When: 10/23; 7:30-9:30/10
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THON Update | Kohl’s Grant
•
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Stock Market Game | Introduction
• We’re finally underway!– Thanks Vlad!
• Name: IBA Stock Trading Competition• PW: IBA2014• Entrance is $5, sign up after the meeting!
(see me)• Demo de Vlad
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Sporcle Quiz | You Choose!
• World Currency Match– Name the currency of 30 different
countries– High difficulty
• Highest GDP A-Z– Name the country with the highest
GDP per capita for each letter of the alphabet
– Low Difficulty
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VICE Documentary| Resource Curse
• Video• Thoughts?
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9/6/2014
Apple Confidential - Strictly Need to Know
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International Business Association | Wrap-Up
Final Notes - Start thinking about running for Exec Board positions * Must pay dues to be considered
Next Meeting - Monday, 10/20 at 6 PM in 005 Business Building - Case Study #2 Connect With Us - Email:
[email protected] - Website:
https://www.clubs.psu.edu/iba - Facebook:
https://www.facebook.com/groups/240901915962407/ - LinkedIn: https://www.linkedin.com/groups?gid=4990570&trk=vsrp_groups_res_name&trkInfo=VSRP
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