The deal he this number pivotal ahead of tomorrows opec meeting. P. M. , the twoyear had a did to cover ratios yesterday, the highest in a year so watch the option. , whent the fomc minutes it decides to leave rates on home. How does the Balance Sheet pay into that . Robert kaplan and Neel Kashkari will be speaking. David it turns out china has a lot of debt. We may have known that before, but it is official overnight. They downgraded chinese debt for the first time in 30 years. The Senior Vice President had this to say about the decision. Be a gradualto erosion of credit metrics. We are looking at the policies the government isnt lamenting. The authorities have recognized the risks with high leverage and have a very broad structural reform. We think that counts to the point where leverage will increase more slowly than it has in the past. Still, these measures will not be enough to reverse the increasing leverage. David joining us now is chief economics correspondent for bloomberg. It
Bill. The other group that we are seeing have the biggest reaction is perhaps the medicaid exposed insurers. So were seeing here molina is up by 2. 4 . Centin, wellcare, a couple of other insurers that are trading higher. Theres Something Else from the bill and im looking here as we are all trying to piece through the bill and look at the various pieces of it, apparently this latest proposal will provide an additional 50 billion over four years to stabilize the insurance exchanges. So even some of the larger insurers have been reacting, not as dramatically as this. But they are higher today. In fact, if you take a look at the groups that are moving in the s p 500 on the bloomberg, on the imap youll see that health care is in the top spot. And in fact has been rising all week. And has been outperforming the s p 500 all year. Health care in the top spot here, up 1. 25 . As we see these gains here as we get these details of the bill. Again, with the caveat that we dont know if this is wha
Yesterday, for those of you who may have missed it, republicans and democrats came together to send important Veterans Administration reform legislation to the president s desk. Weve all seen the scandals in the last few years. We saw the waiting list, the scandals. Things need to change at the Veterans Administration and this bill will help deliver the kind of fundamental reform thats needed to solve these problems. It will help our veterans get the worldclass care and treatment that they deserve and that they have earned. Yes still have a lot of work to do but we will keep at it until we as a country can say that we are really and honestly keeping our promises that we have made to our veterans. And then later today, today we expect a big bipartisan vote for Glenn Thompsons bill to improve career and technical education. This initiative is going to make it easier for people to get the skills they need to fill better higher quality, etter paying jobs. A good Technical Skills job can be
Yesterday, for those of you who may have missed it, republicans and democrats came together to send important Veterans Administration reform legislation to the president s desk. Weve all seen the scandals in the last few years. We saw the waiting list, the scandals. Things need to change at the Veterans Administration and this bill will help deliver the kind of fundamental reform thats needed to solve these problems. It will help our veterans get the worldclass care and treatment that they deserve and that they have earned. Yes still have a lot of work to do but we will keep at it until we as a country can say that we are really and honestly keeping our promises that we have made to our veterans. And then later today, today we expect a big bipartisan vote for Glenn Thompsons bill to improve career and technical education. This initiative is going to make it easier for people to get the skills they need to fill better higher quality, etter paying jobs. A good Technical Skills job can be
Speaker ryan first off, i want to begrudgingly congratulate the press corps on their victory last night in the congressional womens softball game. It was a pretty close one, right, 21 . Who played . Come on. [laughter] all right. Well, congratulations anyway. You know, it was really cool to see special agent Krystal Griner throw out the first pitch. I dont know if you watched it, but she had just got out of the hospital yesterday. To see her throw out the first pitch was a very, very cool thing to see. I saw steve this morning. His spirits are up. Hes talking. Hes doing well. And he sends his regards and his thanks for everyones thoughts and prayers. This has been a busy week. Delivering on our agenda for the country. Yesterday, for those of you who may have missed it, republicans and democrats came together to send important Veterans Administration reform legislation to the president s desk. Weve all seen the scandals in the last few years. We saw the waiting list, we saw the scandals