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President Jean Maychack called the meet-ing to order and called on Bill Nance to give the invocation and lead the club in the 4-Way Test and Pledge to the Flag. President Jean then announced that due to the speak-er’s schedule we would be going a little out of order today and she then called on Rick Wegmann, Chair of the Day to introduce our speaker, Richard Kaglic, Vice President and Senior Regional Officer at the Cincinnati Branch of the Federal Reserve Bank of Cleveland. Richard gave us a little background on the Federal Reserve Bank. His talk centered around the economic outlook. What the economic indicators are telling us about the economy is that it remains solid and unem-ployment rate remains low and wages are increasing. The volatility index in the finan-cial markets shot up after trad tariffs for Chi-na were announced but it seems to be calm-ing down now. Bond yields are moving down showing an inverted curve which is often a concern that it often leads to eco-nomic downturns however the yields have started to increase.

THIS WEEK AT ROTARY . . . Monday, July 8, 2019

  This Happened Last Monday . . .

     

   LOOKING      AHEAD . . . 

 

The meeting of July 15th will be held at the

Sinclair Community College Earley Auditorium

12:00 Noon

VOL. 91 NO. 2

Rotary Calendar

July 12 Rotary Concert at Levitt Pavilion & Dinner at Warped Wing 5:00 p.m. July 15 Terry Slaybaugh, Dayton International Airport July 22 Deb Feldman, Dayton Children’s Hospital July 24 Rotary Foundation Meeting 4:00 p.m. July 25 Board of Directors Meeting 12 Noon August 5 Shauna Green, Coach, UD Women’s Basketball August 10 Rotary District 6670 Night at the Dragons August 19 Richard Stock, University of Dayton August 22 Board of Directors Meeting 12 Noon August 26 John Heitmann, University of Dayton "Zen and the Art of Doing Automotive History Fast and Furiously." September 2 NO MEETING—LABOR DAY HOLIDAY September 9 Bridgette Federspiel, “Vietnam 50 Years Later”

  LOOKING AHEAD . . .

Speaker: William Trollinger Professor of History, University of Dayton In the 1920s an estimated five million Americans were members of the “second” Ku Klux Klan. In contrast with the post-Civil War Klan, the 1920s KKK was a truly national organization, with par-ticular strength in the Midwest and West. This Klan targeted immigrants, Catholics, and Jews, along with (as always) African Americans and other people of col-or. In the 1920s Dayton was one of nation’s leading Klan strong-holds, and the Dayton Klan directed much of its hatred against the city’s Catholic population in general, and the University of Dayton in particular. Chair of the Day: TBD

Today’s Meeting Assignments

Invocation: Bill Nance News: Bill Nance Welcome Visitors: Nora Vondrell SMILE: Ray Monell Badge Board: Terry Williamson

Sergeant-at-Arms: John Kidd Bob Hoopes Greeters Bob Daley Melissa McGhee Katie Klain Cassie Barlow

Rotary Interna onal Theme   2019‐2020 

          

   

   

   

Sigrid Solomon District Governor 6670

Rotary Club of Wilmington AM   

The Mission of Rotary International  

To support its member clubs in fulfilling the Object of Rotary by:

Fostering unity among member clubs; Strengthening and expanding Rotary around the world; Communicating worldwide the work of Rotary; and providing a system of international administration.

  

The Mission of Dayton Rotary  

The Rotary Club of Dayton is a fellowship of diverse business and professional leaders who commit their time and talent to staying informed and serving the

club, the community and the world.  

 

Rotary Club of Dayton, Ohio 40 South Perry Street Suite 110

Dayton, Ohio 45402  

Phone: (937) 228-3331 Fax: (937) 331-5406

Email: contact@daytonrotary.com Website: www.daytonrotary.com

  

2019-2020 Officers and Directors  

Jean Maychack President Brian Martin President-Elect TBD Vice-President Kim Bramlage Secretary Randy Domigan Treasurer Rick Wegmann Immediate Past President Frank Scott Director (2020) Glenn Costie Director (2020) Shaun Yu Director (2021) Becky Benná Director (2021) Walt Hibner Director (2021) Laura E. Erbaugh Executive Director  

 PAGE 2 SMILE

July Membership Anniversaries

1 year Alexis Faust Jane Keiffer 3 years Brad Roediger Diane Farrell 4 years Eva Buttacavoli 8 years Amanda Burks 9 years Stephen Keyes Ron Smith Larry Herrmann 17 years Penny Wolff Bob Hickey 19 years Jeff Hoagland 22 years Tom Weber 37 years Burnell Roberts 43 years Bill Anderson

New Member Profile Steven Conklin grew up in the Dayton communi-ty graduating from Northmont High School and Ohio Northern University. Steve has spent almost 25 years of his career working in professional ser-vices – the majority of this time was at Battelle & Battelle LLP. The last seven years Steve has spent as a part of the Finance team at Wil-merHale. Professional services provides Steve with the opportunity to explore his desire to give back to our community. Steve has served the community on various roles throughout his career including serving the Miami Valley Teen Coalition,

Cityfolk, Dayton Urban League, Kettering Moraine Oakwood Chamber of Commerce, Greater Dayton YMCA, Dayton Area Chamber of Commerce and Dayton YWCA. Having been raised on a farm Steve enjoys spend-ing time in the outdoors. He has a passion for canoeing, camping and spending time with his daughter, Holly. Occasionally, you may find Steve driving a tractor or running a 5K with his daughter, well actually he runs way behind his daughter. Steve was sponsored for membership by Kim Bramlage.

Output has exceeded spending in the U.s of re-cent and the Gross Domestic Product Growth shows that we are producing more than we are consuming which means we are exporting. We are creating a lot of jobs—when people are em-ployed they spend more money. There is no sign that the demand for labor is decreasing. Unemployment claims are the lowest since 1960’s and the labor force of today is 2x the size of the 1960’s. The current unemployment rate is 3.6 %. There is a strong demand but limited supply of workers. Wage growth is positive if it includes an increase in productivity. Key Takeaways: •Real economic trends have not changed materi-ally •Output growth has slowed, labor markets re-main tight, and inflation and inflation expecta-tions remain low •While the outlook remains positive, renewed trade tensions roiled financial markets and busi-ness sentiment, posing a downside risk to it During Q&A Richard discussed how technology is advancing at such a pace that some are hav-ing trouble keeping up. President Jean thanked Richard for being our guest speaker and presented him with our speaker’s gift. She then called on Cassie Barlow to introduce our guests. Secretary Kim Bramlage announced the upcom-ing Happy Hour at Warped Wing followed by a concert at the Levitt Pavilion on July 12th. Rota-ry District Night at the Dragon’s Game on August 10th—$12 per person get you a game ticket and Dragon’s hat and $6 of every ticket sold comes back to the District for a Dayton to the Rotary International Foundation. Kim then reminded all to make sure they have a Red Ribbon Member at their table each week. She then went on to recognize birthdayties Sarah Hippensteel Hall and Dave Williamson and continued with Shaun’s tradition of True and False. Kim also announced that starting next week a game of chance would get started each week so bring your $1’s to participate. She than called Jean Maychack back to the podium for President’s Time.

...continued on page 4

  This Happened

Last Monday . . .

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Eric VanVlymen Georgie Woessner Heath MacAlpine 610-7000 974-4598 313-4040 July 8 July 8 July 10

Troy Erbes Dan McBride Ty Sutton 228-1225 866-2341 228-7591 July 12 July 14 July 14

District 6670 Dragon’s Outing Rotary Night at Fifth Third Field will be a game between the Day-ton Dragons and the Lansing Lugnuts. The game will be August 10 at 7:00 PM. The District has put together a great package: a game ticket for a stadium seat and a Dragons hat for only $12. Best of all, $6 of every ticket sold comes back to our District and will be contributed to The Rotary Foundation. This is a great op-portunity to see the Dragons with family and friends. To order tickets, just click this link: https://oss.ticketmaster.com/aps/dragons/EN/link/promotion/home/0078a36c9be2f1f3d4ad5ba3acd3ceeae0424987 Code:ROTARY Please note that there is not have a designated "block" of seats, so each order could be in a different section. Also, the Dragons have the longest sellout streak in sports, so tickets will go quickly. The deadline to order is Friday. July 26 but don't wait that long to get the best seats.

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Happy Hour at Warped Wing and Levitt Concert Event

Friday, July 12th

@ 5:00 p.m.

Meet at Warped Wing at 5:00 p.m. Drinks and food on

your own. Afterward, head to the

Levitt Pavilion Concert starting at 7:00 p.m..

Dave Greer’s Classic Jazz Stompers Bring your own blanket or chair

to watch the concert.

RSVP to Laura laura@daytonrotary.com

This Happened Last Monday Continued... President Jean called Kim Bramlage back up to the podium to introduce on newest member to Rotary, Steve Conklin, Internal Audit Manager with Wilmer Hale. Jean then called on Frank Scott to present Paul Harris Fellowship to Elmer Martin (1st) and Earl Reeder (7th) and Dean Alexan-der (3rd). Congratulations to all and

thank you for your generosity. With the announcement of next week’s meeting and wishing eve-ryone a Happy Fourth of July the meeting was adjourned.