Maria big show this morning, thank you for joining, us, joining us Dagen Mcdowell, jon hilsenrath, veronica, great to see everyone, big news this morning actually, first of all, we have a record high in the markets and we are looking at stocks chattering the records this morning, take a look at futures, s p up 5 and a half and nasdaq up 23 points all markets losed in alltime highs yesterday, the major 3 indices were at unchartered territory and new highs, President Trump touted with strength in the economy during rally in florida last night. You know, we just set another stock market record, the stock market just hit another alltime in history meaning 401 k s and jobs. [cheers and applause] americans have so much to be thankful for, the economy is booming, wages are rising, crime is falling, poverty is plummeting, confidence is soaring and america is stronger than ever before. Maria oh, yes, part of the reason for this strength in the markets is the fact that we may be getting close to
Although its been said before, weve got new old news, i guess that the Drug Companies and the opioid business are facing a criminal probe. All of which would have at one time virtually trashed this market. Instead, the dorn thing just wont quit. Dow gained 55 points. Nasdaq advanced. 18 with all three closing at record levels. So we have to ask ourselves, what the heck is going on here so you know what im going to do in honor of these records, im going to run down all the reasons why this rally keeps on trucking first, while, indeed, discounter dollar tree had problems with the tariffs, the big guys are doing just fine. Walmart, target, amazon, costco simply havent felt the pain. The tariffs air problem for some many chains but the sky is falling narrative hasnt played out. Inflation remains subdued. When you consider everybody was predicting the trade war would devastate all retail, things are going much better than expected. Number two, the enterprise is very soft, but far fewer comp
[taps gavel] all right. Never, the than meeting will come to order. Sorry. The constitutional obligation of the job. I will now recognize myself for five minutes to give myself an opening statement. I will not take five minutes because we are doing Something Different today. Oversightthis committee likes to shake things up and we are looking to develop the next generation of leaders in congress, which is this committees mandate. Have actively participated in the work of this committee. Representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. They are running the meeting today. Vice chairman graves, i know you will agree we are in very capable hands. Thank you, mr. Chairman. I think you will recall, in the early days scanlan . Think we should all just adjourning go for ice cream. Ok. Thank you, chairman kilmer. I would like to begin by our expert witnesses. Sorry we are
[taps gavel] ll right. The committee will come to order. Better late than never. Sorry, everybody. The constitutional obligation of the job. I will now recognize myself for five minutes to give myself an opening statement. That said, as is usually the case, i will not take five minutes because we are doing Something Different today. Those of you who have attended past hearings no as committee sometimes likes to shake things up, and today, were looking at ways to develop the next generation of leaders in congress, which is part of our committees mandate. We figured what better way to showcase the next generation of leaders would be to future this committee of to feature this. Ommittees freshmen members we have benefited from their unique perspective as freshmen members. Resentative tendons representative tendons representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. T
Of South Carolina led the hearing. [taps gavel] all right. Hearing is setting members up for success. I now recognize myself or five minutes to give an opening statement. As is usually the case im not going to take five minutes because we are doing Something Different today. Those of you who have attended past hearings no as committee sometimes likes to shake things up, and today, were looking at ways to develop the next generation of leaders in congress, which is part of our committees mandate. We figured what better way to showcase the next generation of leaders would be to future this committee of to feature this. Ommittees freshmen members we have benefited from their unique perspective as freshmen members. Resentative tendons representative tendons representative demings dutifully gets here early and waits and waits and waits to question witnesses. His patients has not gone unnoticed. I will yield to the representatives. They are running the meeting today. Vice chairman graves, i