And in both chambers of congress and the nation was formed. Like most americans on my life journey i have overcome adversity. By the grace of god, where is 12yearold my dad died of a heart attack. I learned at an early age, each day of this life begins. My brother martin passed away. This type of debrief of losing a family member. Every moment, every chapter of our lives is a gift. As it has been for most chapters of my life i didnt come here in the traditional or easy way. I think governor doug doocy for the blessing to serve the great state of arizona especially during these times of unprecedented challenges. Accepting the governors appointment by the most prestigious, and governing body, like most missions in my life, high risk, high purpose and ever, becoming a us senator is the alternate expression of this, do things afraid. In my fight for the grand canyon state. I gave my maiden speech on this floor, gave my approach through 26 years in uniform. The best of your calling, dont wa
Welcome to csis online. The way we bring you events is changing, but well still present live analysis and Award Winning Digital Media from our ideas lab. All on your time, live, or on demand. This is csis online. All right, good moing, everybody in washington, good evening everybody in korea. Go day to everybody around the world. Welcome to the 15th edition of the csis capital cable brought to you by the good folks at kia motors. This week on the capital ble, u. S. Foreign policies u. S. Elections, bidenharris transition and for korea and northeast asia. Our guests this week perfectly positioned toddress this critical and evolving set of issues with not just implications in washington, not just implications in seoul, but around the world. And we are lucky to have mr. Denis mcdonough, former white chief of staff, capital rank, weve broken through the capital ranks here. And hes someone who sat the desk for foreign policies, u. S. Communications and he knows a Little Something about nort
1 trillion stimulus package heading down south, maybe. What Goldman Sacks is reportedly thinking of doing. Its monday, december 7th. This is Worldwide Exchange. Good morning, good afternoon, or good evening welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us here is one reason to like this monday there are 25 days left in the year 2020. It cant get out fast enough can we agree lets see how your money looks now. Futures are down about half a percent down dow off about 133. Wall street coming off another good week for stocks the dow was up last week thats the ninth record close of the year on friday of course, its not just the dow. The s p and the nasdaq also closing at record highs. Thats the first time the three have done so at the same time three years. Thats an rbi for you. Hard to believe but true one thing watch, of course, inside the markets is this increasing growing fight between socalled value and Growth Stocks the two kind of at a
Underlying economy, bad news being good news once again, with that idea for a 908 ilion dollar stimulus will back in washington, d. C. What are the fundamentals that matter, when do we have to see something positive in order to respond to it . Ofell, its the fundamentals 2021, pricing in that story later. If you are asking the stories of the fundamentals of the here and now mattering anytime soon, the data for this month, yes it matters for the policy conversation. We saw that on saturday. And meanwhile we do have other issues. Those talks in brexit are not going that well. We have that, trade concerns, harder line tactics by mike pompeo. All of these things are factoring in but are being brushed over by an incredible amount of fiscal support not only in the u. S. , but in the European Union. The deadline for the string stimulus budget deal today, there are some nations pushing back in the Eastern European block. Euro skeptics. The broader implication is that they will get something do
We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove