Transcript General Meeting #5

International Business Association | General Meeting #5
 Monday, October 20th
1
International Business Association | Agenda
1.
Icebreaker & Happy Quarters
2.
Market Updates
3.
Club Updates & New Additions
4.
Stock Market Game & Sporcle Quiz
5.
Wrap-Up
2
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?
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
PR Update | Club Liaison
•

Social Update | International Dinner
Where: 329 E. Beaver Ave
The Diplomat Room 604
When: 10/23; 7:30-9:30/10
THON Update | Kohl’s Grant
•

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
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
VICE Documentary| Resource Curse
• Video
• Thoughts?
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
searchId%3A1464695501410746136464%2CVSRPtargetId%3A4990570%2CVSRPcmpt%3Aprimary
9/6/20
Apple Confidential - Strictly Need to Know