We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
On this thursday, jobless are front and center jon jon . A News Conference center. Jon a News Conference over the weekend, lisa, i love this about the great depression. That after delivering record fees worldwide for the firm. Just try to reconcile those things for us. Lisa its a boom of fees in a time of incredible uncertainty coming on the heels of fiscal stimulus and the question is how do they pair these realities . We will have more on that decision at 7 45 a. M. , i am watching it even though guy johnson calls it a snooze. Hopefully the press conference will be less of a snooze. Tom, to your point, jobless claims and retail sales are already anxious history, but we can get a sense of how much momentum there was going into this resurgence of cases in the virus. We are also getting netflix earnings after the bell. Interesting to see if some of these high flyers improve. Me you would never catch characterizing and ecb News Conference that way, would you, tom . [laughter] tom never.
Contracted report for the commission on chinas expeditionary capabilities. Were really looking forward to that. At james, he specializes in emerging technologies, threat assessment, forecasting and data science. Much of his work analyzes chinas Armed Forces Modernization and u. S. Longrange strategic planning. Before joining james he was an extra Research Assistant for Yale University department of medical science where he did research on chinas naval modernization. Mr. Peltier has a master of arts in International Science from university of chicago. Good political real school. We will next year from kevin mccauley. Hes an independent analyst and was formally the scene Intelligence Officer for the soviet union, russia, china and taiwan during his 31 years in the u. S. Government. Hes senior china analyst for the armys National Ground Intelligence Center and he served on Advisory Board and working groups supporting the intelligence community, the National Intelligence council and the u.
Members question the fcc chair about Digital Currency, shareholder protection and climate related financial disclosures. This is an hour and a half. Today we will receive testimony from security and Exchange Commission chairman regarding the work and agenda of the fcc. I thank you for your willingness to appear before the committee today and mr. Clean your willingness to testify the borrower side of the fcc. You ca came before this committa year ago and am sure dusty would continue to take steps to ensure the Capital Markets remained the deepest and most liquid in the world. I commend you and the staff for your actions taken over the past year. Actions worth mentioning include the final rule package on regulation best interest which is great as the appropriate balance in increasing transparency and investors relationships while preserving access to the advice relationships and investment products. They also propose modifying the accelerated definition to reduce the number of registered
I thank you for your willingness to appear before the committee today and mr. Clean your willingness to testify the borrower side of the fcc. You ca came before this committa year ago and am sure dusty would continue to take steps to ensure the Capital Markets remained the deepest and most liquid in the world. I commend you and the staff for your actions taken over the past year. Actions worth mentioning include the final rule package on regulation best interest which is great as the appropriate balance in increasing transparency and investors relationships while preserving access to the advice relationships and investment products. They also propose modifying the accelerated definition to reduce the number of registered subject to the requirement. I encourage the commission to move forward quickly to all smaller recording companies. This summer they issued a concept release seeking Public Comment on ways to harmonize the Securities Offering exemption regarding the concept release i en