You do have financials and Energy Taking up the slack to some degree. Inconclusive, indecisive action. Were 4 below the highs the treasury yields remain in fo focus. We did break out on tenyear yields above 4. 25 taking us back to 2008 the 30s are at 4. 40. Its a consistent story were pricing for a better growth economy, high real inflation adjustment yields. We can bet the economy can handle it or not plus a supply demand issue for debt. Look, the latest data is supportive of those higher yields we got jobless claims below 240. Psychologically important. Theres the yellow bankruptcy factoring in so far no evidence of real mass l layoffs in this economy. We have philly fed which was sharply higher and the first positive read since last august and prices paid inside of that, which a lot of people look at, looking for inflation cues was a little higher. You add that to the other data weve gotten this week its not earthshaking data. Its industrial productions, housing starts, retail sales
Wall streets rally set to continue at the open. Futures pointing to some new records. Plus at north korea continues to strength threatening missiles making it first major deal. Its going to buy missile and rocket maker orbital. The Credit Agency new of an Online Security flaw months before that massive data breach. First up, stocks are aiming to set some new record highs after the s p hit 2500 for the first time ever. Dow coming off a fourth Straight Record close capping its best record week of the year and the nasdaq posted a record high on friday. All of that jim as were on the lowest volatility over four days in the s p ever. I think a lot of what happened last week as the algorithms were just befuddled. We had this moment where there was peak transport, all these groups are really roaring. We do not understand i spoke with insurance people this weekend. I dont think people realize how much money is coming with the rebuild. Theres just an incredible number of every car part company.
Foreign Relations Committee will come to order. We have a number of distinguished nominees here today and we welcome them. We also have a number of very distinguished introducers. We welcome you and thank you for coming to our committee. In order for you to be able to go ahead and do other Business Today we will defer relative to making Opening Statements and let you go ahead and do what you need to do. We look forward to those comments and we realize youll like to go elsewhere. I know senator mcconnel is coming today. Why dont we start in the order of seniority. We appreciate so much you being here. We welcome you all. Thank you for being here today. If you will, begin. Thank you mr. Chairman and Ranking Member of the committee. It is a pleasure to be back here. Sit the second time in less than a couple of weeks. Its not often i darken the door but as long as a president keeps nominating texans i promise to keep coming back often. She is truly someone that needs no introduction but i
The Company Announced wednesday that its keeping more than 1,000 jobs in indianapolis instead of moving them to mexico. Lets go to our columnists. Lets start with general mattis, good pick . Terrific. My joke about mattis is that he can scare the feathers off a chicken. You want a defense secretary whos going to inspire respect. A secretary of defense is going to inspire the respect of his generals and of american troops. I think mattis, he was the first general to go into afghanistan and into kandahar province in 2001 as a one star, this is a guy who is well known in the defense department, hes seen as sort of a scholar, a warrior, hes exactly the kind of guy, i dont think we have seen the likes since george matthews. Hes going to have to have a special dispensation from congress that, takes a lot for him to serve as the secretary. I think we have to support the civilian control of the military, but mattis has been out of the military for about three years, he has the confidence of jo
When you look at the they have the h1 b visa which means allowing both people can go to singapore and go to the u. S. To work and they never have a problem and they can stay here for long. Why is there an exception toxu. Okay. I dont have a gavel but lets pretend i banged the gavel. I am tommi mecca and i am the chair for the lgbt aging policy task force and the First Business is roll call of the members. Jazzy collins. Present. Jorge rodriquez. Present. Stu smith. Present. And myself present. Are there Public Comment for items not on the agenda . Whats on the agenda is senior lgbt Housing Needs and concerns, so if anybody has comments on anything other than lgbt Senior Housing concerns and needs they should come up to the podium now. Okay. Seeing no comments we will proceed to regular business, and there is only one item on the jernd and if anybody would like an agenda. Why dont you pass them out craig if you could and also if you could bring a couple up here as well, so the discuss