Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Nowhere the World Health Organization remdesivir, its all right but were not really keen on calling a Silver Bullet with dealing with the coronavirus, that is the kind of thing that can happen out of the blue sobered not pulling the possibilities, were seen things happen in the approval process and the push across more states even though led by republican gogetters to demand constituents residents wear masks no matter where they are. Some states pushing for this indoors, we have all of that going on and how doctors themselves are guiding people. We will talk to a very smart ones over the next two hours on what we have to do as a nation over the next few days and ahead of thanksgiving next week, lets get the read from David Lee Miller on pfizer and biotech in this emergency approval that they want granted to go ahead and pounce on the vaccine that they find to be very promising and addressing, 19 head on. Reporter americans can start receiving a virus vaccine as early december, that acc
The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficul the Senate Foreign Relations Committee will come to order. We will have senators participating live then virtually as a result of that its difficult to determine to go in ty, seniority and we both come three witnesses the assistant secretary of state and the bureau official for the European Eurasian Affairs and Principal Deputy assistant for western hemisphere fears. We appreciate you being here. We will be talking about china obviously that presents us with manyy challenges and opportunities. There has been a lot of legislation introduced and there is a bill we introduced earlier this year to bring together as many as possible so the minority introduced ase bill senator schumer is the lead sponsor but this is not a partisan issue that is an American Issue. When i put the bill togetheren originally come i did so to
They are finished speaking, consistent with the regulations accompanying a tourist night 65, the staff will only meet members and witnesses as appropriate, when not recognized in order to avoid background noise. Members are reminded that all house rules, relating to order in the courtroom, apply in this hearing. This hearing is entitled Insider Trading, stock option grants, and examination of corporate integrity in the covid19 pandemic. We know that we have votes on the floor, we will not have any delays of this hearing in order to allow members to vote. If members should go vote, and return, and while we all have part of the alphabet to vote in, im sure there can be some accommodation made so that when they return you can ask questions, and vote with the others not appearing on other alphabetical characterizations. And when im voting, i believe mr. Meeks, has agreed to serve as chair until my return. I will now recognize myself for five minutes for an opening statement. Our Capital Ma
End and a Pacific Region and they also discuss china handling of coronavirus pandemic. This is just over two hours. The Senate Foreign Relations Committee will come to order. Welcome everyone, good morning. We will have senators participating both live and virtually. Since it is difficult to figure out when they showed up virtually, we will go on seniority. If that is agreeable with everyone, that is what we will do. Today, we welcome three witnesses to talk with us. Julie chung is here. We appreciate you all being here this morning. Will be talking about china presents us with many challenges. Opportunities as well but right now, challenges. There has been a lot of legislation introduced as far as china is concerned. There was a bill that we introduced earlier this year. That as early as today or yesterday, the minority introduced a bill of which senator schumer is the lead sponsor of the bill. In any event, this is not a partisan issue. This is an american issue. When i put the bill