As well it should be, my friend. Enjoy the show, i will be watching. The stock market closed at a new record high today. Yet another stock market time during the biden presidency, which has been full of stockmarket highs. The stock market is happy in the afterglow of Kamala Harris is Democratic Convention and her rising in the polls indicating donald trump will not be allowed to ruin the economy with the stupidest terrorist proposals in history. Instead of being president trumps next year, the stock market seems to believe he will just be Defendant Trump Next year. Donald trump spent the day ranting on social medium about a new Superseding Indictment voted on by a new grand jury in washington, d. C. The new indictment in the case of the United States of america versus donald j trump, defendant, replaces a previous indictment with the same title and the same list of four crimes, Conspiracy To Defraud the United States, conspiracy to obstruct an official proceeding, obstruction of and co
Next hour. As well it should be. The stock market closed at a record high today. Yet another high, during the biden presidency which has been full of stock market highs. They are apparently happy in the afterglow of the democratic national convention and her rise in the polls considering donald trump will not be allowed to ruin the economy with the stupidest tariff proposals in history. Instead of being president trump next year, the stock market seems to believe he will just be defendant trump. Donald trump spent the day ranting on social media about a superseding indictment voted on by a new grand jury in dc. The new indictment in the case of united states of america versus donald j trump, defendant, replaces a previous indictment with the same title and the same list of four crimes. Conspiracy to defraud the united states, obstructive official proceeding, obstruction and attempt to obstruct an official proceeding and conspiracy against rights. The superseding indictment is in effect
Formalized a deal that cements their control of the United States senate. President biden and his colleagues have made it clear that on covid relief, they have zero interest in waiting on republicans. Yesterday democrats pushed forward with a motion to pass bidens 1. 9 trillion covid package with or without republican support. Mitch mcconnell called the move totally partisan. Which is rich coming from a guy who used the exact same tool to pass a 1. 5 trillion tax cut for the rich. Youll notice that republicans love to wave the word unity like a bloody shirt when they criticize democrats. You know whats better than fake unity, action, action that helps people. Thats the job of governing. In many ways, were now down to just one governing party. This morning speak nancy pelosi and Senate Majority leader Chuck Schumer led a congressional tribute to Brian Sicknick who died during the insurrection last month. Each day when members enter the capitol hill, this temple of democracy, we will rem
Wells fargo a bad day as they put up a disappointing quarter. The first loss since 2008 and they cut their dividend from . 10 from . 21. A choppy day in a choppy time. David we are also getting mixed messages about the coronavirus. Yesterday it seemed like the news coming out of california may have triggered some of that happening. Why would that hit the faang . I thought if we had more coronavirus we like the faang better because we have to use it more from home . Abigail i think the two are a bit separate. The news out of california did take stocks lower, but the faang started to turn lower earlier. Au have these stocks up in huge way because of the stayathome element. Also these Companies Put up great quarters in april. We are into the earnings season now. We will be curious to see how they have fared over last three months. There is Something Interesting also ahead later this month. , jeffe the ceos of amazon bezos, Mark Zuckerberg of testifiedand alphabet before Congress Later thi
The committee will reconvene. When we recessed we were about to hear from mr. Castor. Mr. Castor, youre recognized for 45 minutes. Thank you, mr. Chairman. Thank you for having me back, giving me the opportunity to testify about the evidence gathered during our impeachment inquiry. At the outset let me say the evidence does not support the allegations that my democrat colleagues have made. And i dont believe the evidence leads to the conclusions they suggest. Im hopeful to add some important perspective and context to the facts under discussion today. The chief allegation that the impeachment inquiry has been trying to assess over the last 66 days is this whether President Trump abused the power of his office through quid pro quo, extortion or whatever, by withholding a meeting or Security Assistance as a way of pressuring ukrainian president zelensky to investigate the president s political rival, former vp biden, for the president s political benefit in the upcoming election. The sec