Its possible. Nr investors weigh Economic Data against coronavirus investors anna weigh Economic Data against coronavirus warnings. Netflix shares sink on disappointing subscriber forecasts, but the Company Announces its chief operating officer will become its coceo. Bloombergo surveillance. One of the themes in the u. S. Equity market this week has been the underperformance of the nasdaq against the s p 500 after five weeks of out performers against small caps as well as s p 500. We are seeing european equities edge into the red. They started slightly in the green. Global equities still heading for a weekly gain, not getting any direction from s p, but interestingly, nasdaq futures are posting more green on the screen than s p 500 futures. The 10year yield slipping a basis point. We are steady in european bond markets, and the dollar heading for a third weekly loss with the optimism weve had about a prospect for a vaccine for covid. Lets get to first word news. India has seen coronavi
Busiest in surveillance is maria tadeo in brussels. She is door stopping. You have done a lot of door stopping. How do you doorstop anxious politicians in brussels . Nejra you call out their name with a big smile, you hold out your mic, and you fire your questions as quickly and ferociously as you can. We certainly have seen that this morning. There has been so much optimism priced into the Recovery Fund in terms of european equities, but also the btb bun spread. Some investors say we have been here before in terms of brussels often taking its time to come to an agreement, so you might not necessarily see a lot of pessimism and markets next week if we dont get agreement straightaway. As investors say, it will come eventually. Tom i am an amateur here. In thes that mr. Rutte netherlands is front and center. Is that how you see it . Never echo yeah, as usual, when you go into these meetings, you may get the ascents that we may not get an agreement straightaway. There is a lot of work tha
Of dallas. He is appointed in september of 2015 and he represents the 11th Federal Reserve district on the federal open markets committee. Prior to his service for the dallas fed, kaplan was a martial professor of management practice and a senior associate dean at Harvard Business school. Kaplan had a 23 year career at Goldman Sachs and was ultimately named a senior director of the fern before joining harvard into thousand and six. Today, mr. Kaplan joins us to talk about what he believes the road to u. S. Economic recovery must look like in order for the country to bounce back from the damage done by covid19. He is also going to share his Economic Outlook for the rest of the country and into this year and into 2021. Mr. Kaplan, the virtual podium is yours. Right, thank you. Thank you kimberly and thank you everyone for having me here today. I will talk for a few minutes about, as kimberly said, the National Outlook and some of the key things that we need to do and some of the key chal
Authorized to declare a recess at any time. I want to thank everyone, especially our witnesses, for joining us today for our committees hearing. I want to make sure to note some important requirements. By saying standing house and Committee Rules and practice will commit continue to apply through hybrid proceedings. Regulations require members to be visible through a video connection throughout the proceedings. Please keep your cameras on. Member to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, stafford been advised to meet participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Mnuchin, administrator carranza, thank you for being here today. I want to give a sincere thank you of both agencies who have worked tir
S p 500 few you ares up 15 the nasdaq with a gain of about 1. 7 all because of what is happening with four big horseman check out shares of apple, facebook, alphabet and amazon. They went before congress two days ago and came out with earnings that knocked it out of the park on every one of those counts three of the four are trading sharply higher apple up 6. 1 , facebook up 5. 8 , amazon up 5. 4 alphabet did beat earnings estimate did post the first revenue decline and is down 0. 67 . More on those in a second. Lets kick it over to wi will everyone wilford. Good to be back extraordinary numbers, as you said well discuss those in a moment. First check out this mornings agenda as we are closing out the week well bring you results from cat, chevron, exxon and merck. Kol gate, underarmor and others. The late day of july lets check out the market score card owl three major indices on track for the fourth straight gains. Nasdaq the big oner up 18 month to date up 5. 2 . This past week, back