You cant when the nasdaq is running like this. A 7 gain in index, you almost have to realize everybodys price target has to come up. Its baffling and confusing people who are not in the stock market but making a lot of sense to professionals who realize oh, my, god to chase. Yeah. Banks will get jp morgan tomorrow theres a lot of discussion about the commentary will matter more but also the idea that because of where estimates are, you could see some upsize to prizes another upside out of bsf. Jp morgan, the whole group is insane Goldman Sachs goes from 190 to almost 210 its almost as if people said, find me something that is not crazed my issue will be loan losses and possibly dividends and i think a lot of the chatter i listened to wilf this morning but a lot of the chatter is if people are getting more stimulus and money is being pumped in, why should these Companies Pay their dividends . I personally think theres no problem but that wells fargo dividend news shook people up. Hey, c
Spoke about the economy and trade at a Campaign Event in wisconsin. He also touted the administrations response to the economic shutdown in response to the pandemic. Ladies and gentlemen. The Vice President of the United States, mike pence. [cheers and applause] vice pres. Pence hello, wisconsin. [applause] thank you for that warm welcome. To congress mingling grossman, congressman brian stiles, state senators, members of the state legislature, honored guests and my fellow americans, it is good on,be here in rip wisconsin, the birthplace of the Republican Party. [applause] and it is great to be back in the badger state with so many Great Americans. [applause] and thank you all for being here today. Allow me to begin by bringing greetings from another great fan of the badger state, a man who loves the state of wisconsin and has been fighting to keep the promises he made to the people of the state every day for the last three and a half years and was in this state not long ago. Allow me
Trade at an event in wisconsin. The Vice President also touted the administrations response to the economic shutdown in response to the pandemic. Ladies and gentlemen, the Vice President of the United States, mike pence [applause] vice pres. Pence hello, wisconsin. [applause] thank you for that warm welcome. To congress mingling grossman, congressman brian stiles, state senators, members of the state legislature, honored guests and my fellow americans, it is good on,be here in rip wisconsin, the birthplace of the Republican Party. [applause] and it is great to be back in the badger state with so many Great Americans. [applause] and thank you all for being here today. Allow me to begin by bringing greetings from another great fan of the badger state, a man who loves the state of wisconsin and has been fighting to keep the promises he made to the people of the state every day for the last three and a half years and was in this state not long ago. Allow me to bring greetings from the 45th
There is the fear of less demand, which will certainly happen if parts of the u. S. Economy perhaps do not go under lockdown but some sort of shutdown. Decca dampened Economic Activity. As well as the demand for consumers and the like. We have bonds higher with a 10 year yield, down five basis points. What makes this so interesting is, over the last few weeks, it felt like it has been risk on. That is not the case. Markets are onto this. The last couple weeks have been risk off. The s p 500 is down over that time period, the yen is higher, and tensions are subtle to the touch, but when we are moving toward risk off, there may be obvious catch for stocks ahead, pointing to the idea that july could be a bit difficult, especially if the Second Quarter Earnings Period turns out to be more difficult. Stay tuned but certainly a risk off day within a risk off week. At this point, much of june is risk off itself. All of this on the worsening virus data in the u. S. David just what we need is a
Washington today, we are holding this hearing virtually in compliance with the regulations for Remote Committee proceedings pursuant to House Resolution 965. Remote hearings certainly are not the same as sitting together in our Committee Room and you should know. The new authority has allowed us to continue to do our work a behalf of the American People, while keeping our staff, families and broader communities this is the First Official Virtual Committee hearing in the United States house of representatives. As we begin this historic proceeding, i want to underscore that i plan to continue this committees long tradition of collegia collegiality and substantive debate even as we conduct our business from afar. I will continue to work with Ranking Member and his staff to make sure that all Ranking Members are respected in the knew virtual format. Before we turn to todays important topic, i want to remind members of a few procedures to help us all navigate this new platform. First, consi