Unorthodox unorthodox. They are, in fact orthodox and they are in the Central Banks tool box for a reason. Stocks in focus, a deal with netflix could be sending it near the top of the european market. Changing channel reports say uni vision is getting set for an ipo in one of the biggest media deals in years. Welcome back to the show everyone. Lets take a look at futures because we did see a major sell off on wall street. Yesterday stocks across the board getting pressured by fears over a potential fed rate hike and strengthening u. S. Dollar. Nasdaq up 14. S p 500 up just about 8 points in premarket trade. Now the dollar was also in focus. Yes, thats right. It wasnt just stock that caught the attention of traders. The euro hit a 12 year low against the dollar. They expect the euro to fall to the dollar by the end of the year. 90 seconds by 90 cents by 2016. We are bouncing back today seema seema. Europe was included yesterday. We know of course that policy wont be tightened which has
Seen any innation as judged by the cpi since october. That number is due out at 8 30 eastern time. Then later in the morning watch for the Housing Price index. New home sales and richmond fed survey. St. Louis fed president gym bullard is set to Start Talking in london in a few minutes. In the meantime jon williams is in australia and he is telling economists there that the broad strength of the dollar poses little risk to the u. S. Economy. Gathering more momentum for what happens when rates start to move he warns of unintended consequences for the economy. Given that Monetary Policy is a blunt instrument its going to have unintended consequences or effects. The goal for me is just to get the economy back to full employment. Get inflation back to 2 and Interest Rates back up as appropriate back to more normal levels. He will not be composing the music for the new movie. I thought he was. Originally he was signed on. He will not. Well check into that. But i thought i saw recently hes n
While were on the subject of Public Safety, im once again asking this legislature to repeal the dangerous law that gives drivers licenses to illegal immigrants. [ applause ] weve seen several fraud operations busted recently. Just last year, an elaborate scheme was uncovered in eastern new mexico where hundreds of drivers licenses were sold to illegal immigrants. The ringleader bragged that he made 30,000 a month. Ive put forward a strong compromise to repeal this law and still allow driving privileges for dreamers. Its time to act. The legislature should do what the overwhelming majority of new mexicans are demanding repeal this dangerous law. [ applause ] in addition to asking whether the state is safe, businesses often want to know will they be given a fair shake by those in government . Not special treatment, just a fair shake. Weve taken some important steps, but can do even more. Just as ive prohibited my appointees from lobbying the legislature or the administration after leavin
Expensive programs can be difficult to offer and maintain, especially for Smaller School districts. I cannot overstate the importance of these programs. C t e programs are closely aligned with our states Workforce Needs from welding and machining to health care and Information Technology to engineering in biosciences. These programs give Students Experience so that they understand these are not dirty jobs but opportunities to work with the latest Technology Hands on an even Higher Education opportunities are available after high school right here in south dakota and our universities and Technical Institutes. After the recession ended last year i asked staff from my office and from the department of education to reach out to those who are engaged in ct programs. Over the spring, summer, and fall of visit and all for technical restitute as well as High School Prayer rooms. They held a series of meetings to listen to over 40 haskell of ministers and educators, large and Small Schools and
Saying what she saw inside the house, inside the family. We have more on all of it in just a moment. Now to the largest Public Health crisis in the modern era of the United States. Tonight our country continues to lead the world in coronavirus. We represent 4 of the global population. We have 25 of the coronavirus on the planet. In the last 24 hours, this country saw another 73,169 confirmed cases. Thats another singleday record if youre counting. Along with the escalating rate of infection, in about 40 of our 50 states, the number of people hospitalized now rising. Covid tracking project says its now over 56,000, 56,000 people in hospitals just about six months after our first ever hospitalization. That said, the greatest Public Health crisis as we say in the modern era was again today not the lead topic at the white house. The president did stand between two trucks today for an event about deregulating american industry. And again today he tried to convince the country how great thin