Dollar lower and bonds higher. That is pushing yields down. All of this before the fomc announcement at 2 00 p. M. Fed policymakers are expected to reinforce the policy shift they rearticulated last month. And athan longer rates target of inflation slightly above 2 in perseus in pursuit of broader employment. Any news out of the meeting will be nuanced in communicating how they plan to implement the strategy. Will they spout conditions that will justify continued lower rates . Will they quantify quantitative easing . The original rationale for buying assets was to bring the market back to smooth functioning. Now it is probably to support the recovery. Is not clearit that matters because people want to know the fed has their back. Id i had fought the fed id thought the fed kind of said that last time, we have your back. What more could they say this way . The rumor there will be further enforcement of monetary policy, or is it the fact . Nerds will be looking for specific parameters on
Compatible . No doubt, there is a need for intelligence communities to operate, threats exist. Foreign and domestic threats are real. Theyve been real throughout u. S. History. But for over a century in addition to taking action against real threats to the lives of american citizens, bureaus and agencies within the United States government have surveilled those who have expressed what they call Strong Political views that run counter to the prevailing government political paradigm. This challenges the notion that if you have nothing to hide, you have nothing to fear. I will come back to that later in our discussion. Maybe you adhere to that view, maybe you are on the fence about it, maybe you reject it. That is fine. We will discuss it later. But the history of abuse of surveillance necessitates that discussion. The same tools used to protect can be used against citizens for sometimes nefarious reasons. Going back in history, in 1908, Teddy Roosevelts attorney general creates a squad o
Up Citizens Rights especially the right to dissent. No doubt, there is a need for intelligence communities to operate, to exist. Foreign and domestic threats are real. But for over a century in addition to taking action against real threats to the lives of american citizens, bureaus and agencies within the American Government have surveilled those who have expressed what they Cato Institute Strong Political views that run counter to the prevailing government political paradigm. This challenges the notion that those who support the state in some sort that if you have nothing to hide, you have nothing to fear. I will come back to that later in our discussion. Maybe you adhere to that view, maybe you are on the fence about it, maybe you rejected. That is fine. We will discuss it. But the history of surveillance necessitates that discussion. Can the same tools used to protect be used against citizens for sometimes nefarious reasons. Going back in history, Teddy Roosevelts attorney general
Narrative is that President Trump and the ministration looking to get things back to work, even as the coronavirus is now firmly in the white house itself and the administration. We have the likes of Cardinal Health 5. 2 , and some of the other Health Care Stocks like gilead, eli lilly up more than 2. 5 apiece. Under armour continues the guidance story, not giving any indication of what it is expecting, but says the Current Quarter will be the most impacted by the coronavirus. Shares are down about 11 . The yen we getting today. Stronger dollar once again. Food is unchanged crude is unchanged, 24 a barrel. Guy interesting to see that spread between brent and wti widening out. Lets figure out what is happening in the markets and what is going on in terms of portfolio construction. Riserto gallo from algeb investments is joining us on the line. We are trying to figure out how we reopen an economy in the united states. Weve got the u. K. Starting to think about reopening its economy, or a