THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS.  Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Investing in any financial instruments does not guarantee that an investor will make money, avoid losing capital, or indicate that the investment is risk-free. There are no absolute guarantees in investing. HAWKTRADE and its members do not bear any responsibility for losses or gains made by members trading on their personal accounts based on analysis from HAWKTRADE meetings.

Tonight’s Agenda

Club Info

Elections

The Feds Decision

Administrative Stuff

$15 Club Due $5 more will get you a shirt Competition

Executive Positions

President: Creates weekly presentations, presents, directs the executive board.

Vice President: Assists in weekly presentations, does thorough market research

Director of Marketing: Promotes the HawkTrade club and competitions

Director of Group Simulations: In charge of running the Investment Competitions

Director of Technology: Manages day-to-day operations of the club website.

Officer of External Affairs: ensures that HawkTrade is apart of university events and stays in good standing within the Tippie College of Business

Treasurer: In charge of membership dues, taking attendance.

Treasurer

Lai XuNick MelroseWilliam Cai

Officer of External Affairs

Andrew RymarzWilson Wang

Director of Technology

Hunter TebbittWilson Wang

Director of Group Simulations:

Suyang ZhouDanny Zigman

Director of Marketing

Kyle HasenmillerSusan Sun

Vice President

Darryl CornishLai Xu

President

Carl Dick

Fed Decision

FOMC Meeting: Fed Launches Operation Twist

Wed 21 Sep 11 | 02:23 PM ET

FOMC Meeting

The Committee discussed the range of policy tools available to promote a stronger economic recovery in a context of price stability. 

It will continue to assess the economic outlook in light of incoming information and is prepared to employ these tools as appropriate

FOMC: Four Key Ideas

1st: There will be no rate hikes until mid-2013.

2nd: The Fed says downside risks to the economy have grown.

3rd:The Fed is prepared to use additional tools if warranted.

4th:Three Fed members have dissented from the FOMC decision.

FOMC Vote- 7:3

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman William C. Dudley, Vice Chairman Elizabeth A. Duke Charles L. Evans Sarah Bloom Raskin Daniel K. Tarullo Janet L. Yellen.

Voting against the action were: Richard W. Fisher Narayana

Kocherlakota Charles I. Plosser

The Three Dissenters, would have preferred to continue to describe economic conditions as likely to warrant exceptionally low levels for the federal funds rate for an extended period.

Operation TwistThrough June 20126-30 yr treasuries (12.5 year average)

Fed Decision

U.S. Treasury Yield Curve

Is the Fed out of Tools?

QE3?

Lower Rates?

Fed Changing their Language Transitory (early 2011)

Soft Patch (summer 2011)

Significant Downside Risk

(Sept 21st 2011)

Gartman on Copper Crash and FedPlay till 3:45min

| 1:08 PM ET

Jobless Claims

Global Market MeltdownThu Sep 22 7:00 p.m. EDT

Entering a Bear Market?

Bear Market is technically a 20% decline

Europe has experienced 30%-40% declines already

Are we next?

How to Trade in a Bear Market

Very Volatile

News Driven

Bear market Rallies

Buy the dips, sell the rips