DOCSLIB.ORG

CIBC WOOD GUNDY HINES INVESTMENTS Hines Investment

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CIBC WOOD GUNDY HINES INVESTMENTS Hines Investment CIBC WOOD GUNDY HINES INVESTMENTS HINESIGHT Hines Investment Management Toll Free: 1 844 887-4995 [email protected] www.hinesinvestments.ca CIBC PRIVATE WEALTH MANAGEMENT WELCOME TO THE BEAR MARKET OF 2020 Gerald Hines, Senior Portfolio Manager, First Vice- Our philosophy “to preserve capital” continues to President, Hines Investments, CIBC Wood Gundy guide our decisions. There are two kinds of losses: Sheldon Hines, Portfolio Manager, Hines Investments, CIBC Wood Gundy 1) Loss of Capital 2) Loss of Opportunity We preserve capital, knowing there is always an Reviewing our thoughts from our first quarter of 2020 newsletter (written just before Christmas in opportunity 2019), we were optimistic. Our disciplined Highlights in Hinesight: principles indicated a path that the market would continue its trend to higher valuations. This - 2020 has ushered in the start of a Bear essentially proved correct for the first month of the year. Then, as you know, the COVID-19 began. Market - Overcoming Investor Fear As the market rose in January and during the - Corporate Debt Crisis beginning of a correction in February, we moved to - Top 3 Trends in Technology a very large cash position between 25% & 40% in our portfolios. This was not luck but rather a simple practice of following our discipline. Our principles began highlighting higher risk in the market and we took action to protect capital. A simple example to highlight our discipline is Boeing airlines. In December 2019, in our first quarter (Q1) 2020 newsletter, we highlighted the downside risk in Boeing. At that time our portfolios did not own Boeing. As you can reference our Q1 2020 Hinesight Newsletter, we targeted $240 for Boeing (falling from a price of $320). Today Boeing is approximately $100, with a debt rating downgrade. CIBC PRIVATE WEALTH MANAGEMENT DO WHAT IS HARD, LIFE WILL BE EASY THE NEXT BULL MARKET Our philosophy is to always have a strategic plan of On a happier note, we know each Bear Market action. This plan encompasses targets to buy and leads to a new Bull Market. In Jan 2019 we wrote targets to sell. Capitalizing on a loss when one about the 20- and 40-year market cycles that sells can be emotionally difficult. Adhering to a bottomed together in 1942 and 1982. They are due disciplined investment style enables decisions and to bottom again in 2022 (see chart below). This is a action to be taken. This discipline easily avoids the concept based on past reality. fear of risk and loss, or the phrase “hold, don’t sell as markets will return in the future”. It is interesting that each of the past Bull market was led by a new wave of demographic cycles. Men As we approach the Q2 of 2020 (March 21, 2020), coming home from the War in 1942, greeted by a we need to be mindful of the future direction of population of lovely ladies. This began the “Baby the markets. It's important for each of us to Boomer” generation. understand that the markets discount the future. Our role as Portfolio Managers is to take advantage The Baby Boomers began having their children in of this opportunity, acting in the face of fear. No 1982. There were approximately 71M Millennials doubt over the last month our readers have been born from 1981 to 1996 (in comparison, not far inundated by the media and by numerous behind 74M Baby Boomers). newsletters on what has happened. Many of these stories are inundated with fear. Fear is the Peak spending years are usually between age 35 – emotion that allows our minds to avoid stepping up 50. In 2022, the average age of a Millennial will be and making calculated logical investment 33 years old. decisions. Each Bull market has a new demand cycle. Today Our strategy, based on the factual information we we can only predict. Hines Investments has been know today, combined with our knowledge of how investigating discoveries in artificial intelligence markets react historically in downturns is as and 3D Printing for possible investment follows: opportunities. • Today, the S&P 500, at 2300, is down 30% Our discipline only allows us to invest in companies (March 23, 2020) from its peak (3,386) in Feb with strong financials. Thus, we may be 2020; the first wave down in our view. We constrained in this area, but will maintain our expect (absence of worse events at this time) following to take advantage when the time comes. A new wave of demand will arise, albeit in for an oversold Bear market to contain an up leg, retracing 50% of the prior down leg. This different sectors, just like past Bulls. would target 2800-2950 area. • Upon reaching our target area above, we will Preserving capital today allows us opportunity to then raise cash again. A “V” shaped recovery invest in the future. back to old highs, in our opinion, is not in the cards. • In the final down leg of the Bear market, we are targeting approximately 1950 on the S&P 500. We believe this final leg down will be caused by an upcoming corporate credit crisis. • Hines Investments has gone to a fully invested format this past week. If we are wrong, we will exit. This follows our first principle: to protect capital. CIBC PRIVATE WEALTH MANAGEMENT INVESTOR FEAR If we “take the emotion out” we change our focus. If we practice this each day, you will start to change the way you make decisions. We can do Since COVID-19 went viral, investor ”fear of risk” this by: has sky-rocketed. Rightly so, within three weeks the stock indexes have dropped 30% (Mar 22, 1) Meditation: in a quiet setting, release all of 2020). This rise in fear is a classic human response our thoughts and breath slowly, listen to not only to a stock market drop, but in many other yourself breath and listen to your body. facets of life. This clears your mind of “all the noise”. 2) RAIN: Investor fear of risk and loss is the largest inhibitor Recognition: Stop and realize an emotional to the “critical thinking” side of our brain. Many response is overwhelming you investors will remember the most recent Bear Acceptance: Acknowledge the current Market of 2008-2009. This period of time was very situation or thought. Do not push your emotional in many ways for both investors and thought away. society in general. This period has programmed Investigation: Ask yourself Questions; Why many to hang onto fear vs making educated do I feel this way? Are these thoughts decisions in order to achieve success. I often logical? Are they real? remind investors, of how our body`s control center Non-Identification: You are the awareness flows: that is underneath every thought or emotion. Who you are is not defined by “The Mind Controls the Brain, the Brain controls your thoughts or emotions. the Body, the Body operates Muscle Functions. If you Control the Mind, You have Control” At Hines Investments, we develop a “Goals” based Wealth Plan with our clients. This process defines During times of Fear in the markets, controlling “Why” we invest. This allows each goal to be the emotions must be continuously practiced by invested within a defined risk parameter. In short, every investor. Negative “Group Think” can be this process takes the emotion out of investing. devastating, emotionally & physically if we allow This brings a natural sense of freedom and ease, an it. Our critical thinking goes to sleep when inner peace during an economic storm. someone else is telling us what to do. Take a moment to think about how you listen to cable TV We have been investing our clients` wealth for news, readings that promote fear or end of the over 35 years and have been through many market world syndrome. All of this allows the mind to ups and downs. Markets do not stay down forever. function in a negative or destructive way. Please We can`t control what the market will do and how review the above referenced quote and see if your it will react under various conditions. However, body’s mind is listening to that fear. Are you able we can always control the risk we take in the to feel the chain reaction? This is simple science market and that is reflective of the way our called Behavioral Science. portfolios have been handling the current volatility. By controlling our emotions, we can take advantage of the opportunity that will reward our clients long-term. Consider the advantage our team of professionals can bring to your overall wealth plan. CIBC PRIVATE WEALTH MANAGEMENT CORPORATE CREDIT CRISIS Sheldon Hines, Portfolio Manager, Hines spike for a short period of time, this can cause Investments, CIBC Private Wealth Management issues if this persists over a long period of time as this forces companies to refinance their debt at a higher interest rate. While the focus of late has been the plunge in US Treasury yields and the Federal Funds Rate, corporate fixed income has been experiencing its As interest rates have remained low over the past own turmoil. This is a topic that has not received a 10 years, investors have been forced to “move down the curve” to attain an attractive yield. This lot of media attention, but in our opinion, is a problem bubbling underneath the surface. This has lead borrowers in the BBB category to issue debt at very attractive rates. The risk is that some could be the caveat that will lead to a deeper recession later this year. of these BBB rated corporations have their debt downgraded to non-investment grade debt (termed a fallen angel) as the economy enters a recession.
Load more

Recommended publications
  • Corporate Registry Registrar's Periodical Template
    Service Alberta ____________________ Corporate Registry ____________________ Registrar’s Periodical REGISTRAR’S PERIODICAL, JULY 15, 2011 SERVICE ALBERTA Corporate Registrations, Incorporations, and Continuations (Business Corporations Act, Cemetery Companies Act, Companies Act, Cooperatives Act, Credit Union Act, Loan and Trust Corporations Act, Religious Societies’ Land Act, Rural Utilities Act, Societies Act, Partnership Act) 0843374 B.C. LTD. Other Prov/Territory Corps 1608817 ALBERTA LTD. Numbered Alberta Registered 2011 JUN 06 Registered Address: 300, 2912 Corporation Incorporated 2011 JUN 02 Registered MEMORIAL DRIVE SE, CALGARY ALBERTA, T2A Address: 2800, 10060 JASPER AVENUE, 6R1. No: 2116110384. EDMONTON ALBERTA, T5J 3V9. No: 2016088177. 0887627 B.C. LTD. Other Prov/Territory Corps 1609064 ALBERTA LTD. Numbered Alberta Registered 2011 JUN 13 Registered Address: BOX 436, Corporation Incorporated 2011 JUN 02 Registered DUCHESS ALBERTA, T0J 0Z0. No: 2116123536. Address: 102 PANAMOUNT HEIGHTS NW, CALGARY ALBERTA, T3K 5T2. No: 2016090645. 0911320 B.C. LTD. Other Prov/Territory Corps Registered 2011 JUN 01 Registered Address: 10647 145 1609328 ALBERTA LTD. Numbered Alberta STREET, EDMONTON ALBERTA, T5N 2Y2. No: Corporation Incorporated 2011 JUN 01 Registered 2116102902. Address: 602 CENTRE 104, 5241 CALGARY TRAIL NW, EDMONTON ALBERTA, T6H 5G8. No: 101173961 SASKATCHEWAN LTD. Other 2016093284. Prov/Territory Corps Registered 2011 JUN 14 Registered Address: 4605 - 47 STREET, VERMILLION 1609353 ALBERTA LTD. Numbered Alberta ALBERTA, T9X 1L6. No: 2116128402. Corporation Incorporated 2011 JUN 11 Registered Address: 1122 LINCOLN CRESC NW, EDMONTON 101176790 SASKATCHEWAN LTD. Other ALBERTA, T6R 3B2. No: 2016093532. Prov/Territory Corps Registered 2011 JUN 09 Registered Address: 5105-49 STREET/PO BOX 500, 1609867 ALBERTA LTD. Numbered Alberta LLOYDMINSTER SASKATCHEWAN, S9V 0Y6.
    [Show full text]
  • The Mocksville Enterprise and the Progressive
    11 ■■ ч ' r: Pagp Eight iii'NTEKPKISE, MOCKSVILLE, N. С. ... THÉ ENTERPRISE “All ïihe Local News.” Our Motto—The Largest PAID-IN-ADVANCE’CIRCULATION of ANY PAPER iri Davie County.' :J- f ngèmiifle ' I'iT' s()tn'"nl'"tlie fpguTàr com- i niisston ratea In each case a saving Dr: LESTER P. MARTIN Notice! Night Phone 120; Day Phone 71. “Whensiri Mocksville eat at ivf about 00 per cent lias been placed Tlie copartnershijviieretof or(> existing FARM In till- ireii.sury. At tho end of the year IVfocksvilte, N. C. Л' between H. B. Ward, J; N. Click; H. GRIFFS CAFE afipr the nccessary surpluses and re- ---------^--------- • ------------1 — .. ' CO-OPÉRATIVE I Kpi-vi's are deducted the patronage dlv- C. Jones and R. A. Neely has this day Special Barbecue f({r Saturday arid I )(li-nd is niallPd out to the agency been dissolved; G. G. Walker having .'uhdiiy. When you eat;ai: GrllT’s yiiu SELLING members. It's the number ot head Dr. E. C. Choate purchased my interest in said Davie , eat what you want, cooked like you ì III sliick marketed that swells the DENTISt. Wet Wash Laundry Company—G. G. want it, and when you want it. ' By GI.ENN G. HAYliS fitrnier;s dividends, not tho number ot In Mocksville. Moiidny, Tuesday and Walker has tak(!n .over my Jntierest in sliiires owned. Wednesday: Ov6r Southern BanK & said business-this is notice . to the TRUTH, HONESTY OF PURPOiR AND UNHRINCI FIDELITY, TO OUR COUNTY AND OUR FLAG IS OUR AIM AND PURPOSE. , Ч’Ыя plan was adopted in November, public that I will not bo responsible for (Ф.
    [Show full text]
  • Soccer Team Saturday and Sunday Matches, Monday's 9-0 Victory Against Splittmg the Two Games
    TOPA Y INSIDE TODAY EDITORIALLY * THOSE BAPTISTS * STUDENT EFFORTS * RESTAURANT REVIEW an at * PUB ROW· SBAC Vol. UX Wake t'orest IJniversity, Winston-Salem, North Carolina, t'riday, March 5, 1976 No. 21 SG Denies Pub Row Plan By JACKSON ANN directly under the control of Vice­ newspaper is under the financial · Staff Writer committee. "They ISG J are President for Business and control of a government, the trying to protect you as much as Y.'inance Gene Lucas. government is always in a In a special meeting Tuesday you are trying to protect Representatives from the Old position t~ exercise financially­ night, the Student Government yourselves," legislator Melanie Gold and Black,, The Student, and empowered censorship." Raimey argued. legislature defeated 30-4 a Howler were present at the proposal which would have Eckert said, "It is notlogical to Eckert protested that ~'the meeting to plead their case. think that the student newspaper removed student publications Southern States Association of According to a written can be editorially independent of Colleges and Secondary Schools, from the Student Budget statement presented by OG&B Advisory Committee's the student government if it must the academic community's associate · editor Brian Eckert, curb the free flow of ideas for accreditation organization, jurisdiction and place the the newspaper requested the budgets for these organizations fear of losing its financial would never look favorably upon change · because ·"when a assets." a school administration that "The whole situation is ironic stifled a responsible press." that we have to come before The Student's budget for next SLC Approves Student Government and ask to year was cut by 42 per cent by the be taken ·away because we're SBAC.
    [Show full text]
  • Nutritional Diversity Sciences, Panama
    COVER MEMO ATTN : FAO, Promoting youth engagement and employment in agriculture and food systems - e-consultation on the Report’s scope, proposed by the HLPE Steering Committee FROM : Brandon Eisler, Nutritional Diversity Sciences, Panama Once upon a time, every child knew how to grow, knew how to harvest from the wild, and most old culture such as Native American culture, has a “ vision quest” or as test of survival in the wild. Certain cultures put kids as young as 8 to the test of adulthood, of sustainability. Today we find ourselves in a world where no one would survive without the big machine of modern agriculture, the support of city water, and we love the city life. Its all one big lie. The only real game we are supposed to be playing is in nature, and once you start playing you realize – its not a game. Its serious, and it's everything. The only way a young person is going to come up in this red-tape trick world of the city life, is going to be to leave it for a time. Establish what I am telling you, and return with the ultimate product of the ultimate demand. In nature you can get tough, you can heal from disease be it social, physical, mental spiritual and if your good enough, and have the character, nature will bestow certain extra powerful blessings of access to knowledge and ability. In nature you have the chance to be come dynamic, and rise to a new level you can't imagine now. Just the fact that you found this text, is already a mode of dynamic selection.
    [Show full text]
  • 5263 Carols by Candlelight 04
    presents RVIB Carols by Candlelight 2004 Royal Victorian Institute for the Blind CONTENTS 5 Message from Kodak 6 Message from the Governor 7 Message from RVIB 8 Lilly’s Story 11 Guest Artists’ Profiles 3 19 Map 24 Song List INTRODUCTION 24 Carol Lyrics 42 Sponsors RVIB Carols by Candlelight is now a truly RVIB thanks all the sponsors and ROYAL VICTORIAN iconic Australian event. supporters who help make RVIB Carols by Candlelight such a success, including: The idea was born on Christmas Eve in INSTITUTE FOR 1937 as radio veteran, the late Norman Kodak Banks MBE, strolled along historic St Kilda Road in Melbourne after a late-night radio Nine Network Management THE BLIND shift. As he walked, he noticed an elderly woman Southern Cross Broadcasting CAROLS BY sitting by her open window, her face lit only by a candle. She had a radio beside her 3AW and Magic 693 CANDLELIGHT and was singing along to the Christmas carol, 'Away In A Manger'. At that - SHARING THE JOY OF CHRISTMAS moment Banks was inspired to create the Victorian Arts Centre first gathering of Victorians to sing carols by candlelight. RVIB Carols by Candlelight volunteers The candles, first lit in 1938, have burned steadily through peace and war, prosperity Victoria Police and turmoil to become a tradition, not only in the city of Melbourne, but also to Metropolitan Fire Brigade the entire nation. This year RVIB is thrilled to welcome St John First Aid Kodak as the presenting partner of this event, to help capture the spirit of City of Melbourne Parks and Recreation Christmas.
    [Show full text]
  • 2012 Imagine Awards Talent & Honorees Announced
    2012 Imagine Awards Talent & Honorees Announced his musical skills flourished, recording his first album at age 7. By the time he entered Berklee College of Music at 17 years of age, he had already written and recorded over 70 songs. Matt will be joined on-stage for a portion of the performance by jazz saxophonist Jamey Aebersold, and this pairing promises to be nothing short of captivating. In Matt’s own words written in his recent blog Jazz Pianist Matt Savage entry, “Jamey Aebersold, in This year is shaping up to be one of the most memora- case you don’t know, is a world Jamey Aebersold ble yet in the 12-year history of the Imagine Awards. famous saxophonist, educator, and Louisville area The event will be held March 3 in Horseshoe Southern native. He is best known for his series of Aebersold Indiana’s Showroom and Horizon Wealth Management Play-A-Longs, a series of jazz play-along records that has returned as the event’s generous title sponsor. The currently stands at 129 volumes. I have played along festivities will commence at 5:30 p.m. with a fabulous with Aebersold’s records since I was nine years old, so silent auction, mingling and delectable appetizers. to play with ‘the man himself’ is a great honor.” The 2012 event is incredibly fortunate to host 19-year- The evening will culminate in the presentation of the old jazz pianist Matt Savage as the evening’s keynote 2012 Imagine Awards and celebration of the honorees. speaker and performer. Matt was diagnosed with We are pleased to announce the recipients in this issue Pervasive Developmental Disorder, a high-functioning of Building Blocks.
    [Show full text]
  • The B-G News March 29, 1967
    Bowling Green State University ScholarWorks@BGSU BG News (Student Newspaper) University Publications 3-29-1967 The B-G News March 29, 1967 Bowling Green State University Follow this and additional works at: https://scholarworks.bgsu.edu/bg-news Recommended Citation Bowling Green State University, "The B-G News March 29, 1967" (1967). BG News (Student Newspaper). 2073. https://scholarworks.bgsu.edu/bg-news/2073 This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License. This Article is brought to you for free and open access by the University Publications at ScholarWorks@BGSU. It has been accepted for inclusion in BG News (Student Newspaper) by an authorized administrator of ScholarWorks@BGSU. The B-G News Serving a Growing University Since 1920 Wednesday, March 29, 1967 Bowling Green State University Volume 51, No. 81 Candidate Shortage Means No Primaries Despite the cry for primary Tom Blaha (UP), Thomas Shelley Representative: Richard Kuhl- THE PRESENT milk crisis in the U.S. doesn't seem to be af- elections, there will not be any (Ind.), David Bruck (CIP), Fran man (Ind.), Wendy Whltllnger(UP), fecting the University's supply of milk, according to an official this year. Peskor (UP), Greg Gardner (CIP), Kakl Gosey (CIP), Sue Schaefer of the University Dairy. Wilbur Nye, employed at Commons Din- There are not enough candidates Dave George (Ind.). (UP), Terry Hively (CIP), Mari- ing Hall, is seen hauling more milk into the dining hall for ever- for any student body class office JUNIOR CLASS anne Marr (CIP), Keslie Kite- thirsty men students.
    [Show full text]
  • Wargaming the Far Future Working Group
    Wargaming the Far Future Working Group Connections US Wargaming Conference 2019 US Army War College Carlisle PA Final Report, 5th November 2019 Working Group Chair Stephen Downes-Martin Contributors Stephen Aguilar-Milan, Sebastian J. Bae, Deon Canyon, Jonathan Cham, Thomas Choinski, Stephen Downes-Martin, John Hanley, William Lademan, Graham Longley-Brown, Brian McCue, Ed McGrady, Robert Mosher, Jeremy Smith, Kristan Wheaton The content of this document represents the opinion solely of the contributors and does not represent the policy of any organization. Working Group members maintain full and exclusive intellectual property rights over their contributions. They have granted permission for their contributions to be included in this report. Any errors, misrepresentation or misinterpretation in this document are the sole responsibility of Stephen Downes-Martin. Wargaming the Far Future Table of Contents Executive Summary 3 Working Group Research Papers 5 Working Group Discussions 217 Workshop Discussions 243 Integrated Bibliography 261 2 Wargaming the Far Future Executive Summary Situation Our most potent power projection and warfighting capabilities, developed in response to current and near future threats, are technologically advanced, hugely expensive, and have half- century service lives. The first of these characteristics gives us a temporary and possibly short lived warfighting edge. The second grants our political leaders short lived economic and political advantages. The last characteristic locks us into high expenses in maintenance and upgrades for many years in order to justify the initial sunk costs as though they were investments. This combination forces us onto a high-inertia security trajectory that is transparent to our more agile adversaries, providing them with credible information about that trajectory while giving them time to adapt with cheaper counter forces, technologies and strategies.
    [Show full text]
  • Translating the Bible Into Pictures Grace Link Unchained Secrets of Love and Life in the E.G
    Translating the Bible into Pictures Grace Link Unchained Secrets of Love and Life in the E.G. White House House Church The Adventist Civil Rights Movement: A Prophetic Voice for LGBT Adventists An Adventist Wycliff VOLUME 44 ISSUE 2 n 2016 SPECTRUM is a journal established to encourage Seventh-day Adventist participation in the discus- sion of contemporary issues from a Christian viewpoint, to look without prejudice at all sides of a subject, to evaluate the merits of diverse views, ALL RIGHTS RESERVED COPYRIGHT © 2016 ADVENTIST FORUM and to foster Christian intellectual and cultural growth. Although effort is made to ensure accu- rate scholarship and discriminating judgment, the Editor Bonnie Dwyer statements of fact are the responsibility of con- Editorial Assistants Wendy Trim, Linda Terry tributors, and the views individual authors express Design Laura Lamar are not necessarily those of the editorial staff as a Spectrum Web Team Alita Byrd, Pam Dietrich, whole or as individuals. Bonnie Dwyer, Rich Hannon, Steve Hergert, Wendy Trim, Alisa Williams; Jared Wright, managing SPECTRUM is published by Adventist Forum, a editor nonsubsidized, nonprofit organization for which gifts are deductible in the report of income for purposes of taxation. The publishing of SPEC- Editorial Board: TRUM depends on subscriptions, gifts from indi- About the cover art: viduals, and the voluntary efforts of the From the art created for Beverly Beem Richard Rice GraceLink, an illustration in Walla Walla, Washington Loma Linda, California contributors. the whimsical style chosen Alita Byrd by the editors of the Charles Scriven Dublin, Ireland Phoenix, Arizona SPECTRUM can be accessed on the World Wide Primary lessons.
    [Show full text]
  • LIBRARY Mlchlgan State University
    LIBRARY Mlchlgan State University PLACE IN RETURN BOX to remove this checkout from your record. To AVOID FINES return on or before date due. DATEDUE DATEDUE DATEDUE ‘ gig:- ‘ Novwi‘mfb‘? r43'9a‘79t..t1 0 nflmg E 2000 2 :5 b 20?? S r APR 2 9 2001 *‘ 0 4 1 d 0 1 MR 2 92009 3311 10 1/” WWW“ DAN GERS SEEN AND UNSEEN Black Women’s Mobility, Community, and Work During the Migration Era, 1915-1940 By LaTrese Evette Adkins A THESIS Submitted to Michigan State University in partial fulfillment of the requirements for the degree of MASTER OF ARTS Department of History 1998 ABSTRACT DANGERS SEEN AND UNSEEN Black Women’s Mobility, Community, and Work During the Migration Era, 1915-1940 By LaTrese Evette Adkins Whether staying at home, traveling on a journey, or settling in a specific location, certain dangers confronted Black female laborers. These seen and unseen dangers connect individual women’s lives and the mechanics of their migration process. Great Migration historiography, however, does not adequately illuminate the gender specific mechanics of this process. Hence, the researcher developed a conceptual framework that incorporates Black women’s safety, community, and employment issues. Using this new, gender sensitive paradigm, personal and institutional efforts to assist Black women’s transitions from southern to northern lifestyles, i.e., the mechanics of their migration process, become visible. Copyright by LATRESE EVE'I'I'E ADKINS l 998 “Now finish the work, . .” H Corinthians 8:11 iv ACKNOWLEDGMENTS The completion of this project is the result of assistance from various professional and personal resources.
    [Show full text]
  • Modified Vendor-Subrecipeint Listing FY17.Xlsx
    TDOT Tennessee Department of Transportation 2018 Federal Title VI Implementation Plan John Schroer Deborah Luter Commissioner of Transportation Director, Civil Rights Division Contents 1. Policy Statement ............................................................................................................................. 1 2. Standard DOT Assurances ............................................................................................................. 2 3. Organization & Staffing ................................................................................................................ 12 4. Program Area Review Procedures .............................................................................................. 15 A. Planning .................................................................................................................................. 15 B. Research ................................................................................................................................. 17 C. Environmental ....................................................................................................................... 17 D. Right-of-Way .......................................................................................................................... 18 E. Construction ........................................................................................................................... 19 F. Design (Roadway) .................................................................................................................
    [Show full text]
  • “Willing to Sacrifice” Carter G. Woodson, the Father of Black
    “WILLING TO SACRIFICE” CARTER G. WOODSON, THE FATHER OF BLACK HISTORY, AND THE CARTER G. WOODSON HOME WOODSON HOME NATIONAL HISTORIC SI TE HISTORIC R ESOURCE ST UDY PERO G AGL O DAGB OVIE PR EPARED UNDER COOP ERATIVE AG REEMEN T WI T H T HE ORGANIZATION OF AME RICAN H IS TOR IANS National Park Service U.S. Department of the Interior National Capital Region History Program National Captal Parks—East April 2012 TABLE OF CONTENTS Epigraph iii Preface v Introduction 1 Chapter One: Carter G. Woodson (1875-1950) and the Development of the Black Historical Enterprise 9 Chapter Two: Woodson’s Life in the Nation’s Capital and the Woodson Home 41 Chapter Three: “Because of his selfless dedication to the work of the Association”: Negro History Week, Woodson’s “Mass Education Movement,” and The Mis-Education of the Negro (1933) 77 Chapter Four: Chipping Past Woodson’s “forbidding exterior”: “The Father of Negro History” Remembered 99 Conclusion: Reflections and Recommendations from the Principal Investigator; Unpacking Woodson’s Personality Traits and Character 145 Glossary 167 Bibliography 175 Appendices Appendix A: Oral Histories 185 Appendix B: Woodson Chronology 227 Appendix C: Books by Carter G 243 Appendix D: Manuscript Collections 247 Appendix E: Photographs Related to Woodson 249 Appendix F: Annual Meetings 269 i One of the most inspiring and instructive stories in Black history is the story of how Carter G. Woodson, the Father of Black History, saved himself for the history he saved and transformed. The skeletal facts of his personal struggle for light and of his rise from the coal mines of West Virginia to the summit of academic achievement are eloquent in and of themselves … For in an extraordinary career spanning three crucial decades, the man and the history became one — so much so that it is impossible to deal with the history of Black people without touching, at some point, the personal history of Carter G.
    [Show full text]