A lot of investors and traders like to see that broadbased movement. We have a nice risk on move. It is not clear this is not simply a bear market rally. It is too early to say. Today the bulls are out once again. David that is reasonably cheerful. Now i have to ask you about oil because it has fallen out of bed. Abigail we have oil down more than 25 . The crude oil crash continues. This is an important point relative to stocks. On the year, stocks are down 10 . Oil is down 80 . Both are considered to be risk asset tells. Oil you can make that case is more closely tied to the economy. Because you have oil solo, some of it has to do with the Technical Training factors. At the end of the day, it reflects a demand shock we are seeing. Unless oil comes back, it is hard to see the economy looking all that strong me time soon. With thetock investors case folks are looking ahead to 2021. If you have oil down that sharply it is hard to know whether that strategy will work. We will have more in
Governments around the world. Her book is the information trade. Hi, everybody. Thank you for coming. I am the editor of the outlook section of the Washington Post which is our home for ideas and essays and criticism including Nonfiction Book coverage, and im very lucky and you are very lucky to be here tonight with alexis wichowski, who is the author of the information trade, how big tech conquerors, challenges rights and transforms the world. Can you hear me without the microphone . No. Okay. Can you hear me with the microphone . Also, know in the back. Yeah. Alexis wichowski is the deputy y cto of new york city where she runs basically the policy Experiment Lab trying to get the others to compete for who can devise the best programs to improve the social warfare of the citizens of new york. Shes an adjunct professor of the communications of Columbia University and spent a couple of decades studying the issues then as a member of the staff in the un mission, state department, and als
Case 19431 Little Sisters of the poor versus pennsylvania and the consolidated case. General francisco and 2011 required employers tons provide Insurance Coverage to have those that objected to the coverage to spark years ofki litigation and in 2017 with a commitment to religious liberty the government to promulgate new rules exempting those employers who objected to the mandate. They are lawful for two reasons, First Authorized byor section 1834 to require employers with the types of coverage with the Services Administration provides for and supports and then to authorize the agencies to require most employers to have contraceptive coverage for those have sincere conscientious objections. And that coverage for everyone or no one with a Longstanding Church exemption the effective exemption for church plans and indeed respondents under the accommodation itself to violate the statute since the Group Health Plan dont provide the mandated coverage. Also to authorize a religious exemption t
370 but did end the day lower. It was the first down day we have seen in five trading sessions well watch what happens today we have a fed meeting coming up. That will be the pla is to watch as we hear from the fomc later today. The 10year just below. 6 a month. This has been the best month for the dow in 18 years because we are coming off of march because that was the worst year for the dow in 22 years. You see these huge swings first down and then up what we are watching in the equity markets the one thing about 10 crude, every dollar it goes up, we could go back to 30 every day. Lets use the dollar every day that might not happen. Equities do seem to do better. Thats a lot of room to go. Maybe. But sooner or later, thats not good either. The move came after data from the American Petroleum institute. Showing that crude jumped. That was 600,000 barrels less than expected. We saw some wild swings yesterday all around these low levels 10, 11 14 today, as you can see market stocks gave
Food and that have the relationships of universities and it doesnt mean there arent other Companies Like salesforce or huber that are doing Amazing Things for through these Nine Companies the entire ecosystem touches them in addition to all the things i just mentioned they are building the framework and the silicone chips. All roads lead to these Nine Companies on the challenge that i have is the case the Artificial Intelligence is not just bill to create better microwave although that school to optimize our lives using data as current see what does it mean when we relegate that to a handful of companies and those working at these companies . That dont look like us and dont have the same worldviews as us what are the longerterm downstream implications . Three of those companies are in china. They are publicly traded companies but have lived in china and anybody who watches china knows that publicly traded companies are still under the thumb of beijing so there is no escape if you are a