Topics covered: US and non-US, The separation of alpha and beta, The retirement market, The alternative investments space, Technological improvements, Strong management teams, Stocks to sell, Stocks to buy, Overseas growth Europe and the Far East, New products, Mix of revenues, M&A Activity, Investor interest, Industry leaders, Industry consolidation outlook, High-Quality Companies, Hedge and private equity funds, Funding and liquidity outlook, Federal Reserve and interest rate cuts, Creation of debt securities