Billxt on the presidency, clinton accepts his partys president ial nomination at the 1992 Democratic National convention in new york city. In 55 minutes, george hwb acce and then theation u. S. House of representative representative and house curator use a selection of artifacts to tell the history of africanamericans in congress. [cheers] govenor clinton governor richards. Chairman brown. Mayor dinkins, our great host. [applause] my fellow delegates and my fellow americans. I am so proud of al gore. [applause] he said he came here tonight because he always wanted to do the warmup for elvis. [laughter] well, i ran for president this year for one reason and one reason only. I wanted to come back to this convention and finish that speech i started four years ago. [applause] last night, mario cuomo taught us how a real nominating speech should be given. [cheers] he also made it clear why we have to steer our ship of state on a new course. Tonight i want to talk with you about my hope for
Onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Welcome to bloomberg markets. Here are the top stories we are following from around the world. Ecb president Christine Lagarde five to support the euro economic recovery from coronavirus all not. She vows to maintain the flood of liquidity that has so far calmed markets. Morgan stanley wraps up the week for bank earnings. Big gains for the trading desk. Helped thedfall that group survived the brunt of the pandemic. The u. S. ,ntioned, u. K. , and cannot say russian state intelligence is hacking into research enters working to develop a covid19 vaccine. We will dig into the reports. Lets get a quick check on the markets. Certainly a risk off day. 500 off of itsp lows of the day, still down about two thirds of a percent. The dollar index, not too much rea
Cut this month thanks. We are seeing a big bounce back. All angles are covered for you bob pisani, Rick Santelli in chicago seeing new lows on the ten year yield, meg has the latest on the coronavirus and Steve Liesman on whether the fed will come to the markets rescue here we begin with stocks and bob with the latest here kelly, were just off the highs. The question is, why theres two essential reasons. Number one, we have extreme oversold conditions. Well explain that in a minute and number two, we have hope for fiscal stimulus and coordinated monetary stimulus and theres indications those are coming together as well there you got your rally take a look when we say extreme oversold conditions. It shows you mouch much the market momentum is moouing below 30, thats oversold. You very rarely see this its screaming buy in a traditional way to look at the markets. Another extreme indicator, you have nyse, the volatility index. We were at 49. Thats almost four standard deviations away. We
The senate live here on cspan2. Next, a look at the challenges of caring for Senior Citizens with caregivers testifying on the lack of affordable longterm care for the elderly. [inaudible conversations] [inaudible conversations] would members and their guests please take their seats . Ways and Means Committee will come to order. Good morning and welcome. We are here to discuss a difficult issue that confronts nearly every family in our nation, and that is how to care for our loved ones as they age. It is certainly appropriate that we work to address this matter or in november, which is alzheimers Awareness Month and u. S. National Family Caregivers month. It is a deeply personal issue for many of us in the room, and for those who havent personally struggled to insure an older relative receives the care they need, you most certainly know someone in your life who has. Navigating a fragmented and insufficient longterm care system can be not only confusing and emotionally taxing, but also
Please welcome to thestage Michael Bennett. Hello, iowa. You are a Patient Group of people. I didnt know how patient. And i want to thank you for allowing all of us to impose on you. I want to particularly thank you for the kindness youve shown me and my family as we travel the state of iowa. And i want to thank my friend tom parton, my chairman was right here. Tom, thank you for your leadership and thank youfor your friendship. Ive been in the senate as condos for 10 years. Its hard for me to believe that its been a decade. We served on two committees together. But tonight i want to talk to you not as a senator but as the only superintendent of schools who has ever run for president of the United States. I worked for the kids in the Denver Public schools before i went to the senate. Its a School District got about 1 billion budget. For reference, thats about three times the size of a certain municipality in the state of indiana. Im just saying. It has 95,000 children in it. Most of wh