Good morning everyone. Lower drug costs now. Thank you for being here. I as you know for years seniors and families and look forward to being supportive. Thank you very much. Thank you for your very kind introduction. [laughter] [laughter] thank you for your leadership and Speaker Pelosi, thank you for your leadership on this issue and the Labor Committee and one of the important aspects of this is what the plan does for employerbased Health Care Plans spending 84 billion every year hr three addresses working families with employersponsored plans to access the same savings that would be negotiated for medicare. And to reduce the cost of Prescription Drugs for those to invest to create new jobs of Economic Growth across the country. For the taxpayers and the workers and the economy thank you to the leaders to address skyrocketing drug prices. So now i will yield the floor to the distinguished chair of the Committee Commerce chairman. Thank you bobby. Ive got an introduction. [laughter]
Negative situation when the trading day gets underway. That is a long way off for the moment. Nikkei feeling it. The hang seng, lower. Shanghai feeling that down drop. Lets get to those moving parts. The u. S. 30 year treasuries, levels we have never seen before. 1. 9. The whole curve is below two into the u. S. We have stronger than expected fors fixed gain. Is the message still continually one where we are seeing them sending this message out that the yuan is not a oneway bet . 11 days of declining. The new Zealand Dollar on track to go down to 62 u. S. Cents. Confidence to come out earlier on in 11 years. We will be hearing what is going on. We will be talking to this San Francisco fed president mary daily later on. U. S. Dollar against the pound, here we go, we have the have the last headline. We will have five weeks of that parliamentary debate. Some are saying they are trying to stifle a deal on brexit. Effect, thees in most viable option, i guess the most embedded on option righ
On china comments. The 10 year yield at 1. 51 . Then we have the ceo comments and outlooks twowa and well, onto weigh, as china tariffs. We will get into details in a moment. Lets get more insight following the latest statement on trade from Chinas Ministry of commerce. It reads in part, china has ample means for retaliation, but thinks the questions that should be discussed now is about removing new tariffs to prevent escalation of the trade war. Joining us from washington to dissect this and more is bloombergs shawn donnan. Avery cleverly worded statement. Does it indicate any kind of . Hange in tone from china shawn this repeats what weve heard in recent months with china in recent months from china. We really dont want to escalate , and we want this trade war to goes away to go away. Donald trump seems to latch onto china calling for calm in these trade wars. We heard that again from him this morning, and a fox radio interview this morning, pointing to a call later today between th
President mike pence mark short is with us this morning on iran, and as well the strength of the u. S. Economy today to really sock up who is needed fox news senior tszuj Andrew Napolitano weighing in on Brett Kavanaugh with a big three hours coming up and top story this hour is that attack. On Oil Production facilities in saudi arabia. The twin drone strike on saturday sending oil prices soaring intensifying middle east tensions, rebels claim responsibility for this. The u. S. Is rereleasing satellite foe e toes photos it is showing the impact it says came from the north and the northwest implying that tehran was more likely really the perpetrator here iran behind these attacks iran meanwhile deny any involvement. I spoke with michigan congresswoman and former cia analyst alyssa to sunday morning futures about it, yesterday. You are an expert in this field you did three tours in iraq yourself. What is reaction to what took place in saudi arabia . Ive seen the playbook before and iran