You the dow s p 500 index and nasdaq all lower, on pace for the worst day since march 21. We so that big selloff two weeks ago. Look at the growth index more than down more than 1 , lacking the other in indexes, suggesting there could be pullback ahead for the larger cap indexes. This is tesla, look at this chart, up over the last few days more than five and a half percent. This is since the end of february, after the Company Announced the march quarter, saying they are going to produce , deliver 25,000 vehicles, beating estimates. Last week there was news about a 5 stake being sought. These shares being propelled higher to a record high. We happen to the bloomberg and take a look at g btv 396 x, this is a longer term between these two lines. A big range of uncertainty between affairs, a wide range. We have the shares breaking right out of the top of this range to that record high. The question is whether the break of israel. Need confirmation considering volatility. Another point to b
Is returning to a moderate pace. She said the fed needed to verify the expected acceleration in growth and now she isnt acknowledging that may not happen at all. Important change in language and important shift in tone for the fed and for janet yellen. The speech that she is about to couple contains a little of bombshells that help explain why. First, janet yellen now admits that Larry Summers and other prominent ecommerc economist my crisisperi t a post period may be here to stay. Admits the he also Financial Market volatility that has made it so far for the fed hard for the fed to control the economy and to raise rates is partly a consequence of what she calls accommodated Monetary Policy. Low rates can be selfdefeating. They indirectly create a barrier to higher rates. Finally, i like to draw your attention to the Monetary Policy report itself. Specifically to the section on Financial Stability. The fed says, one, stocks are getting expensive on a forward pe basis. They have not adj
Years. Now it has come to a functional standstill. As noncontroversial nominations some of which were approved out of the committee by overwhelming votes, the majority of republicans, majority of democrats, they languished on the executive calendar. Now our colleagues on the other side of the aisle did their best to slow the pace of confirmations when the senate was under democratic leadership. And now theyre sluggishly moving nominations under a senate they control. And, mr. President its culminated in the irresponsible partisan blockade of president Obamas Supreme Court pick. Lets talk about some real numbers here. More than a year into this new congress more than a year into this new congress the Republican Leadership has allowed only 17 judges to be confirmed. Okay . How many months do we have here . We have 12 in the last year of this congress. We now have, were in the end of april, so thats four. And so thats 16 months. Its one a month. Now let me show you the contrast. And id sa
Americas northern triangltrian recognition of acute challenges these countries face. U. S. Assistance through the strategy complements the investments northern triangle governments are making through their own development plan, the alliance for prosperity. They plan to spend 2. 6 billion this year on their own plan. Continued u. S. Support will be vital to colombias success as it seeks to implement a peace accord. Our partnership with mexico remains an important priority for the United States, and includes a range of issues that benefit both countries, including trade and investment, energy and security. The merritt initiative continues to provide the framework for our bilateral Security Cooperation at both forward and state levels. Our request also includes a central democracy assistance for cuba and venezuela, where the United States will continue to provide assistance that advances universal human rights and supports vibrant civil societies. Promotions of democratic principals and h
Eligibility, for federal benefits. Justice alito the only federal none, those two statutory references. Gen. Verrilli as i said, that is the tale on the dog. If i can go to the merit. Repeatedly, you have heard it referred to statutory observation, that is flat wrong. There is a district case and he can read the opinion in that case, which we referred to, is describing as extra statutory paid the other key point that statutory. The other key point mother theory about the scope of you can get Work Authorization is that either congress has to say to get Work Authorization. Decideneed to get dhs to whether people in this category can get Work Authorization. Forget about deferred action, there are millions of people to now,ork authorization under existing law, who could not get it if that were the proper interpretation. Millions of people are in these proceedings, for cancellation of removal. Hundreds of thousands of people have parole and another of those people qualify. That is why in 19