Recover. Jay powell made it clear that the Interest Rates will stay low until 2023, but investors were positioned for a dovish surprise, and there was disappointment he did not provide new details or a further breakdown of the qe program. Perhaps he is saving the option for later. He made clear that the fed has not run out of ammunition. The question everybody is asking, is if this is simple or something bigger. This adjusted Downside Risk is limited. David it is equal it is interesting to position yourself for a surprise. What about other Asset Classes . What about bonds . Scarlet bonds are higher, the dollar has been fluctuating. And credit is down. If you look at tracking highyield credit i am also looking at net gas, it is tumbling. This is another asset falling from august ties. Commodities and especially the energy complex, they move on basic supply and demand dynamics. He was supplies here are increasing. And right now with the weather turning cooler, that would reduce the deman
I want to mention a couple of upcoming events. On december 4th we have a news maker with Sheldon White house and on december 9th a headliners coffee and conversation with lonnie bunch. And i would like to present miss abrams with down of the most highly coveted items in washington d. C. A National Press club coffee mug. And finally, before your race, one of the things you were known for was writing romance novels. Is there another novel in the works . Oh im glad you asked. I technically still have to write the third novel in the trilogy that i stopped writing when i became democratic leader. Im going to get that one done, because i dont want to hear from my mom or sister again about this. Im working on a new legal thriller, and that should be coming out sometime in the near future. But its going to be under stacey abrams, because the other name is kind of known. Thank you for being with us. Thank you for having me. And we are adjourned. good morning, everyone. The committee will come t
Good morning, everyone. The committee will come to order. Were here today to consider the nomination of Dan Brouillette to be the secretary of energy. He currently is serving as the deputy secretary of energy, and i am certainly one who believes that you have done an excellent job as second in command to secretary perry. So we welcome you back to the committee. Its good to have discussion with you last week. I want to thank you really want to thank you for all youve done at the department, for your willingness to serve to this point, and for your willingness to step up in this new and higher capacity. Weve got our colleagues here this morning to introduce the deputy secretary, both texas and louisiana are well represented. Mr. Deputy secretary, you should feel very welcome by having these gentlemen next to you. So we will start with senator cassidy up here at the dais followed by senators cruz and kennedy to introduce the deputy secretary this morning. So senator cassidy, if you would
So we want to thank you all you have done at the department. And at this point for your willingness to step up in a higher capacity. We have our colleagues here this evening texas and louisiana are well represented. Mister deputy secretary you should feel verydu welcome by having these gentlemenmp next to you. We will start with senator cassidy followed by senators cruz and senator kennedy to introduce deputy secretary this morning. Would like to proceed we do have a full complement here this morning and a full house behind you so the introductions do not consume the full morning but we do welcome all the good comments s comments. What a wonderful way to tell me to be brief. [laughter] its a privilegege to represent my friend Dan Brouillette eminently qualified as United States leads the world in all sorts of energy. He shared a longer showed a commitment to Energy Security and understands the importance of us Energy Exports to lower Greenhouse Gas emissions abroad. Committed to innova
Done an excellent job as second in command to secretary perry. So we welcome you back to the committee. Its good to have discussion with you last week. I want to thank you really want to thank you for all youve done at the department, for your willingness to serve to this point, and for your willingness to step up in this new and higher capacity. Weve got our colleagues here this morning to introduce the deputy secretary, both texas and louisiana are well represented. Mr. Deputy secretary, you should feel very welcome by having these gentlemen next to you. So we will start with senator cassidy up here at the dais followed by senators cruz and kennedy to introduce the deputy secretary this morning. So senator cassidy, if you would like to proceed. We do have a full complement here this morning and a full house behind you. Hopefully the introductions do not consume our full morning, but we certainly welcome all the good comments. So senator cassidy. Madam chair, what a wonderful way to t