Event Begins: Thursday, November 14, 2024 12:00pm
Location: Weiser Hall
Organized By: Center for Japanese Studies

Please note: This lecture will be held in person in room 1010 Weiser Hall and virtually via Zoom. This webinar is free and open to the public, but registration is required. Once you've registered, the joining information will be sent to your email. Register for the Zoom webinar at: https://myumi.ch/RmN4G

The Korean scholar-bureaucrats (yangban) have been drawing public attention among Japanese intellectuals since the beginning of the 20th century. This lecture reviews how Japanese magazines represented yangban, tracing how their image changed from the evil noblemen that kept Korean society stagnant to the graceful embodiers of vanishing authentic Korean culture. Both these images, and even the transition from one to the other, were driven by a Japanese version of orientalism.

Shimpei Cole Ota is a sociocultural anthropologist trained both in Seoul National University (ABD, 2003) and Osaka University (Ph.D., 2007). His basic question focuses on what brings drastic changes to societies and cultures, especially before and after modernization, liberalization, and globalization in South Korea and Korean America.

This lecture is made possible with the generous support of the U.S. Department of Education Title VI grant.

If there is anything we can do to make this event accessible to you, please contact us at umcjs@umich.edu. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.

Event Begins: Thursday, November 14, 2024 11:30am
Location: Lorch Hall
Organized By: Department of Economics

--

Event Begins: Thursday, November 14, 2024 9:00am
Location:
Organized By: University Career Center

Did you know that if you have at least a bachelor's degree in any area, you may be eligible for teaching certification? During this virtual information session, you will learn about the steps to become certified to teach in Florida and get a snapshot of our career opportunities, benefits, employee perks, and more!To receive a meeting link, register here: https://forms.office.com/r/MMpsLGrGRiThe Osceola School District is located in Centra Florida - https://www.osceolaschools.net/Connect with us!https://www.linkedin.com/company/osceolaschoolsfl/https://www.facebook.com/SDOCHumanResources.  

Event Begins: Thursday, November 14, 2024 9:00am
Location: Taubman Health Sciences Library 2955 (OGPS conference room)
Organized By: Sessions @ Michigan

The "Engaged Mentoring" series is for faculty mentors of research trainees at any stage of training. This program is an evidence-based, interactive approach designed to elevate mentoring skills for engaging in productive, culturally responsive research mentoring relationships. The program aims to accelerate the process of becoming an effective research mentor by providing mentors with an intellectual framework, an opportunity to experiment with various methods, and a forum in which to solve mentoring dilemmas with the help of their peers. By the end of the program, mentors will have articulated their style and philosophy of mentoring and have a toolbox of strategies for approaching difficult mentoring situations. These skills will support the success of both mentors and mentees, and it is responsive to the NIGMS guidelines regarding the preparation of mentors involved in training grants.

The OGPS Engaged Mentoring Series, focuses on the five themes below (all within the context of fostering diversity, equity, and inclusion). To learn more about the five themes, visit our Canvas Site:
1. Establishing Effective Mentoring/Mentee Relationships
2. Aligning Expectations Using Mentoring Plans
3. Managing Mental Health in the Mentoring Relationship
4. Approaching Difficult Conversations
5. Managing Tension and Conflict
The 5 themes are presented in two different formats:Option A: Two half-day Workshop series. Each session is 4hrs, and you must attend both sessions in order to receive a certificate of completion from OGPS.Option B: 1-day Retreat. The session is 8hrs, and you must attend the entire session to receive a certificate of completion from OGPS. 
We will continue to populate this site with more program offering dates throughout the year.

Event Begins: Thursday, November 14, 2024 8:30am
Location: Arbor Lakes Dome
Organized By: Sessions @ Michigan

Register today for the 2024 Hacks with Friends (HWF) — a hack event sponsored by the U-M Office of the VPIT-CIO. All IT and technology professionals and advocates from across U-M's four campuses are invited to break away from their everyday activities and have some fun doing what they do best in a friendly competition. The 2024 Hacks with Friends (HWF) will take place on November 14 & 15 at Arbor Lakes.  

NOTE: Registering after November 6 does not guarantee that meals will be available for you. You will need to find lunch on your own.

Proteomics International Appoints New Director, No Securities Held  TipRanks

(Thu, Nov 14 2024 2:05 AM to TBD) Blue Line service running w/delays due to a track condition near Cicero; board all trains on the Forest Park-bound side at Pulaski, Cicero and Austin.

(Wed, Nov 13 2024 7:05 PM to TBD) 86 Narragansett/Ridgeland buses are rerouted via Narragansett, Diversey, Austin, Belmont and Narragansett due to street blockage near Narragansett/Wellington.

This week's interview is with WSM Spiritual Formation Director Jeremiah Spears. The Crew sits down with Jeremiah to discuss Christian's last Spoutcast and what's next for WSM. The Crew also discusses their thoughts from the AOD Series. Email thespoutpodcast@gmail.com with any feedback or leave a review on iTunes. Like The Well - Spoutcast on Facebook, find us on Twitter: @thespoutcast, or add us on Instagram: @thespoutcast. Check back in with the Spoutcast each week for a new episode or search Spoutcast in iTunes to subscribe to this podcast. This week's music contains some of Christian's favorites. Speaker: The Spoutcast Team

This week's interview is with WSM Program Director and new co-host of the Spout, Ben Wulbern. Jayne will interview Ben to give all of you listeners a chance to get to know him, where he comes from and a few of his favorite things. The Crew also discusses their thoughts from the AOD Series. Email thespoutpodcast@gmail.com with any feedback or leave a review on iTunes. Like The Well - Spoutcast on Facebook, find us on Twitter: @thespoutcast, or add us on Instagram: @thespoutcast. Check back in with the Spoutcast each week for a new episode or search Spoutcast in iTunes to subscribe to this podcast. This week's music is from Hillsong UNITED’s album, Zion. Speaker: The Spoutcast Team

LEGENDS OF THE MANDAN LIMITED EDITION PRINT by Ken Riley is a(n) Limited Edition. The Edition is Limited to Limited to 250 pcs

Spring in the Public Garden LIMITED EDITION CANVAS by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to Limited Edition of 100 pcs

Brighton Pier by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs

Springfield Chamber Music Society in Light Air by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs

To the Bride by Sally Caldwell Fisher is a(n) Limited Edition. The Edition is Limited to pcs

SUMMER READING LIMITED EDITION PRINT by Ron Parker is a(n) Limited Edition. The Edition is Limited to Limited to 850 pcs

Christ's Example by Master Peace Collection is a(n) Limited Edition. The Edition is Limited to n/a pcs

Life of Christ Nativity Sculpture by Master Peace Collection is a(n) Limited Edition. The Edition is Limited to Open Edition pcs

Coat of Many Colors Open Edition Print by Master Peace Collection is a(n) Open Edition. The Edition is Limited to N/A pcs

Triumphant Entry by Master Peace Collection is a(n) Open Edition. The Edition is Limited to N/A pcs

Mickey Puttin On The Ritz Metal Art by Disney Chilmark is a(n) Chilmark Studios. The Edition is Limited to Limited Edition of 200 pcs

Gold Rush Days LIMITED EDITION PRINT by Bob Coronato is a(n) Limited Edition. The Edition is Limited to Limited Edition of 75 pcs

Anduril Industries this week said its Lattice operating system was used to integrate multiple third-party sensors into a single dashboard during a recent exercise to provide a common operating picture […]

The Navy awarded Norway’s Kongsberg a $961 million multiyear contract for the Naval Strike Missile (NSM), also known as the Over the Horizon-Weapons System encanistered missiles. NSMs are currently deployed […]

The Pentagon on Wednesday disclosed additional capabilities selected for its Replicator initiative to get after fielding innovative technology rapidly at scale, which includes small drones from an Army program, loitering […]

This patent-pending system, available globally, can be integrated into any new or existing setting where UV technology is essential, including HVAC systems, UV curing, printing facilities, and more.

The acquisition establishes a direct corporate presence in Australia and a foundation for further expansion in the Asia-Pacific region, a press release from Fieldpiece said.

The Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI) announced that it received a notice from Enbridge indicating a change to its carbon monoxide (CO) alarm response policy that will align Enbridge with industry-established best practices and will trigger the fastest response time possible. 

Aquatherm North America has announced B&B Trade Distribution Centre as its newest distribution partner. B&B services the HVACR and sheet metal trades across Ontario from locations in Toronto, Oakville, Hamilton, London, and Windsor.

The U.S. Green Building Council (USGBC) announced that Canada has topped its international rankings of the Top 10 Countries for LEED. The list highlights countries outside of the U.S. that are making significant strides in sustainable building.

DiversiTech Corp., a leading manufacturer and supplier of HVACR parts and accessories, announced that it has purchased Cliplight Manufacturing Co., a Toronto-based manufacturer of HVACR sealants, work lights, and battery charger products.

Constrafor is stepping up to support local contractors across Florida, North Carolina, and Georgia with a comprehensive Disaster Relief Effort. This initiative, in conjunction with their Early Pay Program (EPP), aims to provide immediate financial support to contractors, enabling them to overcome delays, secure materials, and ensure timely payment for their teams.

Paul Davis Restoration pledges $1 million to the American Red Cross Annual Disaster Giving Program in response to Hurricanes Helene and Milton. This proactive donation ensures the Red Cross is equipped to meet the needs of those affected by disasters across the U.S. Discover how this significant contribution, along with volunteer efforts, supports disaster relief and community resilience. 

Phoenix Restoration Equipment announces the release of its new, free iPhone application that will instantly calculate the psychometric data essential to restoration professionals. 

Meyer’s Zephyr duct cleaning vacuum features a 31-hp engine, which powers both its custom-engineered fan and KleanSweeper compressor to help eliminate potential problems and maintenance on a second engine, while saving weight and space.

EagleView Technologies, the leader in 3D aerial roof measurements, offers a mobile app optimized for your iPad or Tablet.

KILZ MAX Interior Water-Based Primer features a unique water-based “epoxy” technology that offers all the performance of an oil-based primer, including the ability to block the most severe stains. 

11/19/2024 - 12:00 PM - Venue: Assistance League of Pueblo

11/17/2024 - 10:00 AM - Venue: SteamPlant Event Center

FPSA foundation also supported food-insecure communities through the DEFEAT HUNGER initiative.

Fresh sausages are one of the most popular types of processed meat. Fresh sausage is available in a wide variety of flavors and styles.

FLSmidth will be the largest customer of the new plant, which will serve as a comprehensive hub for the company’s warehousing and packaging needs, including dangerous-goods-certified solutions.

NZD/USD not a lot changed. The kiwi$ lost ground with the broad US dollar bid.

---

The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.

• calculated and published monthly by Statistics New Zealand
• the FPI tracks the prices of a basket of food items that represent the typical spending patterns of New Zealand households
• the FPI is an important indicator of inflation in New Zealand, as food prices account for a significant portion of household expenditure

The data is a day later than normal this week due to the US holiday on Monday.

The numbers via oilprice.com on Twitter:

--

Expectations I had seen centred on:

• Headline crude +0.1 mn barrels
• Distillates +0.2 mn bbls
• Gasoline +0.6 mn

---

This data point is from a privately-conducted survey by the American Petroleum Institute (API).

• It's a survey of oil storage facilities and companies
• The official report is due Wednesday morning US time.

The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)

• Its based on data from the Department of Energy and other government agencies
• Whereas information on total crude oil storage levels and variations from the previous week's levels are both provided by the API report, the EIA report also provides statistics on inputs and outputs from refineries, as well as other significant indicators of the status of the oil market, and storage levels for various grades of crude oil, such as light, medium, and heavy.
• the EIA report is held to be more accurate and comprehensive than the survey from the API

Japan's former vice minister of finance for international affairs, Masato Kanda was reported with comments on Wednesday ICYMI.

• currency market volatility had increased reflecting recent changes in monetary policies and political situations in major countries
• "There is no change to our stance that we will need to respond appropriately to excess movements on the currency market as excessive foreign exchange volatility is undesirable"

His comments have not slowed the yen decline:

***

Kanda is now a special adviser to Prime Minister Shigeru Ishiba and the finance ministry., said in an interview that currency market volatility had increased reflecting recent changes in monetary policies and political situations in major countries.

There is just one to take note of, as highlighted in bold. But dollar domination is the name of the game now, so just be wary that the expiries aren't going to matter all too much.

The one highlighted is for EUR/USD at the 1.0550 level. However, it isn't one that holds any technical significance now that the pair has broken below the April low of 1.0601. The 1.0500 mark is next on the cards with the October 2023 lows beckoning below that closer to 1.0450.

The monthly chart for the pair highlights how we've been in a range between roughly 1.0500 to 1.1200 since the start of 2023. So, there is some key technical focus towards the downside support there and that's the more important level to pay attention to with the dollar continuing to push upwards.

For more information on how to use this data, you may refer to this post here.

That makes it a congressional red sweep and the question now is just how much of a majority will they command in the House? The latest NYT projections here show Republicans do have the needed 218 seats claimed for a majority. However, there are still 9 seats yet to be called.

There are some seats such as Iowa 1 and California 45, which are toss ups, that could go to a recount and take a longer time to settle due to the current margins. For some context, here is a list of the more competitive districts as a reference.

But even if you give those two to the Democrats, Republicans will at least snag Alaska 1 to end with 219 seats. That is the bare minimum that they should win with when all is said and done.

Why it's important?

The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts.

In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so even if the data comes out inside the range of estimates but on the lower bound of the range, it can still create a surprise effect.

Distribution of forecasts for PPI

PPI Y/Y

• 2.4% (11%)
• 2.3% (68%) - consensus
• 2.2% (16%)
• 2.0% (5%)

PPI M/M

• 0.4% (2%)
• 0.3% (13%)
• 0.2% (74%) - consensus
• 0.1% (7%)
• 0.0% (2%)
• -0.1% (2%)

Core PPI Y/Y

• 3.1% (12%)
• 3.0% (47%) - consensus
• 2.9% (35%)
• 2.7% (6%)

Core PPI M/M

• 0.3% (57%) - consensus
• 0.2% (40%)
• 0.1% (3%)

Analysis

We can ignore the headline PPI as the market will focus on the Core figures. We can notice that the expectations are skewed to the downside, so a higher than expected reading would be taken as more hawkish and likely give the US Dollar another boost. Conversely, a soft print could trigger a pullback.

The US Dollar remains in an uptrend as the market continues to price out the rate cuts expected in 2025. Right now we have another 25 bps cut priced for December and just two 25 bps cuts priced in 2025 which is already much lower than the Fed's projection of four.

Therefore, there's still a couple of rate cuts to price out in 2025 if the data continues to run hot, but at that point we would need a real acceleration in inflation to have the market pricing in a rate hike. For now, the bar for rate hikes is really high as the maximum the Fed is willing to do is to pause the easing cycle.

• Prior +1.8%; revised to +1.5%

Looking at the details, the drop here is largely driven by a decline in capital goods (-3.8%) and energy production (-1.5%). The former is seen declining back after a surge higher in August (+3.8%). The declines for the month are partially offset by increases in output for durable consumer goods (+0.5%) and non-durable consumer goods (+1.6%). The production for intermediate goods was flat on the month.

• An 'activist' approach means to cut less until it is clear inflation persistence has been purged
• I would be ready to cut rates in bigger steps when inflation risks have gone

As mentioned, she's arguably the most hawkish member on the policy committee. So, these comments need to be taken with that in consideration. Her comments are also reflected by her bank rate vote last week here, as she was the only member to dissent against the rate cut decision.