The committee will come to order. The church is authorized to declare at any time. Before we begin todays hearing, remind members of a few matters including some by the regulations Accompanying Health resolution 965 which established framework for Remote Committee proceedings. First, ask members to keep themselves muted and they are not being recognized. This will minimize disturbances while numbers are asking questions about witnesses. That is been instructed not to meet members expect except there being recognized there is an important background noise. The numbers on the platform are reminded they may only attend one hearing at a time so if youre participating today, please remain during the hearing. Try to avoid come inandout of the meeting, particularly during the question period. If you wish to be recognized, the chair recommends members identify themselves by name. I would also ask you to be patient as the chair proceeds, given the nature of the online platform, the committee ha
Stage an uprising over the euro grew presidency striking a blow to the blocks major powers. Merkel says the eu needs to combine aid with rome forms reforms in a message to the fruit before. Equities slip. Stock rallyhot cools. State funds start selling, assign the government wants to slow the surge. Daily virus cases in the u. S. Continue to hit new highs, worrying investors. Stuck in the middle. Global banks risk being caught in the crossfire of chinas new law in hong kong. U. S. Sanctions against it as compliance with one may mean breaching the other. Just under an hour away from the start of cash equity trading across the road. Take a look at futures here. We are looking at red arrows. Not a lot of size there. If you look at u. S. Futures, red arrows that are much bigger. 5 10 of a percent losses. S p down. Nasdaq looking a lot more risk off in terms of the futures contracts then european futures contracts do. What do you see on the gmm . Anna the selling you were talking about in c
Theres a big fog bank and its testing the people on the front lines outside the studio hereto. There is one making a pretty of this fight most of all. Good move there and its going so abbott is getting new tests into their hands, to be cooler. You can feel it and a pretty delivering the critical results they need. Good breeze for some of the fog is on the move here. I think over the next couple of and until this fight is over, mornings it is going to make a we. Will. Never. Quit. Bigger push. Center is in San Francisco both because they never quit. 54. That is normal for this time of year. Average for San Francisco, san jose, cola for most today, but i would say 95 , it should cool off. I think everyone will get in on that. But onshore breeze at all to my past, 25 to 30, that there is a higher wind at higher elevations. The stage is set for a cooler pattern. Degrees. We carry that right to mid week. They have been inland way above the last five days. Over to allie now. She is had a cou
Forces loyal to the warlord honey for hofstadter calls grow for the u. N. To investigate the government appointments that sparked angry protests in the democratic republic of congo and an ancient japanese tradition thats allowing worshippers the scale the spiritual heights of mount fuji despite coronavirus restrictions. And im santa how much with all the sports including one of the major football leagues in europe will make its return is the tambour top division that will be back with a limited amount of fans allowed in the stadiums. A political witch hunt thats our President Donald Trump has described the u. S. Supreme courts ruling on his tax returns and financial records they can now be made available to new york prosecutors but not yet to congress the Manhattan District Attorney wants the documents as part of a criminal investigation into hush money payments made to women trump allegedly had affairs with the other ruling concerned committees in the house of representatives have bee
How fast this economy will recover. We debate that today with our Investment Committee its good to have everybody with us josh, is that what this is is this a reality check of sorts on where we truly are and how long this recovery will take hold then we have this massive count r trend rally where it was just the opposite i think that was important for the market to have that catch up in a lot of the names that have been so substantially trashed, maybe big moves to the upside. See some excitement about companies that arent based in coopertino and thats fine again, the prevailing trend, the real trend is taking hold again today. Even the stay at home stocks are rallying again it almost feels like its blue team, red team lets say blue team is where people have really made the most money and then red team makes money occasion mally when they do those counter trend trades. I do think we had a two month bubble in day trading activity i dont know if its over yet. Fie it feels like its burstin