Vacation go when they cant leave the house . Nowhere just sleeping in and hanging out with the family. You look over, 3 50, those losers are up. Is this me this is me. Good. I finally rattled you. Difficult to you i rattled you watch the silliness. We are hearing a lot of things sharing you were twerking, i figured i better get back quickly. Nobody wants to see that. You cant unsee that u. S. Equity futures at this hour, lets tell you quickly things are down for the markets. The biggest decliner is the nasdaq no surprise because of the hearings happening today for the big four the nasdaq off 1. 257 . The s p indicated up by 9. 5. There is so much happening today. Well hear from boeing General Motors General Electric and others before the bell. We are keeping a look at whats happening from the treasury yield this morning the fed conference the 10year at 0. 589 . Andrew is going to tell us about one of the big things we are watching today the big one, the nasdaq will be an historic heari
After yesterdays midsession rebound, the dow initially fell more than 750 points from the trading session before that striking turn around and finished higher more than 750 points s p 500 went from more than down 1,500 and nasdaq went to close up by 1. 4 these moves came after the fed said it would buy individual Corporate Bonds, not just the etf. President powell trading these today not only on what jay powell said but this idea that the administration will be looking for a 1 trillion package it just seems like the federal government is doing the best in their economy. S p indicated up by 41 and the nasdaq indicated up by 73. Looks like this morning, the 10year is yielding 7. 43 . Watching this stuff how it played out yesterday was kind of phenomenal i couldnt believe what we were watching at the close. It was quite unbelievable you are right houj part is the government stimulus unless that leaked out watching the market. It was down. I dont like mondays anyway. Then i saw 400 and bas
The likes of which they have not seen since 1933, in the midst of a downturn for the month, the likes of which we have not seen since 2008 here we find ourselves this morning looking at a market that will open lower. Your thoughts . You go up 19. 9 in the s p, you can have two thoughts. One is that was the greatest bull market ever the other is, boy, is this market dysfunctional were not moving the way we should theres very little volume yesterday the machines took the dow up 500 points in the last 20 minutes. Im keying on oil. I think oil is something that the algorithms are keying in i wish there wasnt algorithmic trading, but its here to stay the quants are in charge you know, lets bring back the smith corona typewriter. The quants are in charge, they took it up and now theyll cashier the market and cash it in lets come back to oil for a second it does get lost sometimes in all of the volatility were seeing and our focus on the economic crisis, on the Health Crisis, on the equity ma
Small businesses. The Senate Small Business and entrepreneurship heard from witnesses on the drug supply and what Small Businesses needed to stay afloat throughout the outbreak. This is an hour and a half. The [inaudible conversations] i appreciate the witnesses being here into the hearing will come to order. I am going to go through order quickly because senator young has another related topic event thaeventyesterdayeventthat he hi want to recognize him quickly. He wanted to say a few words and i want to make sure hes able to get on the record. Thank you mr. Chairman for holding this important hearing. I first want to get on the record and think the subject matter experts. If theres anything we tgislative leaders ought toif e doing it more broadly the government leaders as listening to the Public Health experts say thank you so much and the experts and some of these discrete areas that will be impacted by the coronavirus. I do regret that in a minute i have another meeting that also p
As we settle in i often pick a word for the day. A kind of how i govern myself often times and my frame of mind. But today im going to take an image of the day if you look at your screen, one of our commissioners shared with me this image and i think it sets the tone and stage and underscores the importance of why we are here. This is a chinese book for kindergartners and even if you dont speak chinese, circled r. Two letters, ai. Kindergarten textbook. The senator talked about us getting ready from grade school to graduate school. Now we are talking about kindergarten or even pre k. If we are going to keep ahead and stay number one when it comes to ai so i just want to start with this image because again it really for me underscores the urgency of why this commission was formed and why its so important as we are here today. We have a broa had a broad mandh concrete steps the government should take to build and maintain a Machine Learning work force to address the National Security def