Begin with the latest flare up in china beijing announcing new security measures in hong kong send iing the hang sang to its worst day in almost five years the move escalate iing tensions with the United States with President Trump threatening quote unquote strong reaction to the crack down so does china become a bigger head wind for the markets . Pete, what do you say . Yeah, it seems like theres a dimpt new story every day that seems to lead us up or down. On literally every day, whether its earnings one day that we focus on unemployment in your opinions. China, another day the virus of course and somebody having sort of a vaccine of some sort or another. Always something leading the markets. What i was encouraged by today, china and the u. S. And some of the issues were going to be facing Going Forward it seems to me like weve shaken that off well its been an impressive ability of the markets we could have slid easily today and down 400 points going into the weekend like a friday or
Disney also in focus this ahead, of course, that will be an after the bell Earnings Report but the companys espn unit striking that deal with ten entertainment. We will keep an eye on eli lillys record run sparked by not just its diabetes drug but also that very encouraging study in terms of the broader impact of those weight loss reduction drugs. Also an upgrade this morning jeffries. Thank you start with disney and that espn Sports Betting deal sounds like this morning that you wonder why markets not making a bigger deal of it on the disney side. Yeah, because i think one aft things theres 55 Million People who play fantasy. What people usually do is they have their lineup, they put their team on the espn site, but then they go to draftkings to play daily fantasy and daily fantasy is huge in this country now, i think Jason Roberts has done a fantastic job at draftkings, and disney had a stake, but now i think youll stay on the disney espn site to do your gambling and that is very pow
Security. And, lastly, and this is important particularly in light of the metcalf incident, that has been talked about here, and theyre in the early stages of this but the, they are working on working on a project to develop security, security protections, physical protections and others for substations. So thats going to be extremely critical also. Were very proud of the work that is done at the Idaho National laboratory. Like i said they are reknowned when it comes to Nuclear Energy but there are these new areas that they are developing and Grid Security is certainly one of the things that theyre going to be focusing on. The reason i wanted to say what ive said about this is i want to make sure that everyone in the industry, everyone in the government agencies, knows that these facilities are available because sometimes they have a tendency to fly under the radar. So i want to state that for the record and thank you for making the time available, madam chairman. Thank you, senator ri
HOUSTON - The First Court of Appeals today affirmed a judgment of more than $6.1 million against American Midstream in a breach of contract lawsuit brought by Rainbow Energy Marketing.
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