The presiding officer the senator from louisiana. Kennedys mr. Kennedy thank you, madam president. I want to talk for a few moments this morning about money, 5g and radio waves. Mr. Kennedy a radio wave is nothing more than electromagnetic radiation moving through the air. Thats all a radio wave is. Think of it as a imagine a pond, and think of a radio wave as a ripple or wave in that pond. The wave goes like this and has a peak and a valley and peak and a valley, and eventually it gets shorter and shorter. Thats what a radio wave is. And there are different kind of radio waves. I dont know how many, but a bunch. And they are, theyre differentiated by the length of the peak and the valley. Remember, radio waves doing this. As it goes to the top and comes to the bottom, thats called a cycle. And frequency, youve heard that term before. Frequency is nothing more than how many cycles a radio wave goes through in one second. So we have out there we cant see them, theyre invisible, but thou
Pound nowing the euro the highs of the session. The cable rate coming in a little bit weaker. Joining me now, Stephanie Flanders here on set with me, and from london, guy johnson. Usst blush for you, walk through some of the results. Guy this is pretty much exactly as expected. The pound is barely budging on the news. The market is pricing and very little action from the boe going forward. It is very hard to call exactly what the outcome of brexit is going to be. I think weve got 10 basis points priced in on the downside by next march. Just 17 by the end of 2020. The market doesnt know which way to call this one. The bank of england is indicating that the risk of a no deal brexit has declined. When a new deal brexit happens, the risk to the economy will be lester medic than having been be lessd for, but dramatic than having been perceived before. The market finds it hard to find credibility. Alix particularly if they go the way of norway. You have to wonder how that works. Talking abou
Good evening,on eve welcome. Well, it was a record run on wall street this week. The major indexes breaking thugh alltime levels multiple times, led, of course, by Federal Reserve chair Jerome Powells capitol hill testimony mi where he signalled an Interest Rate cut or cuts might be near. In the end welose it out with triple play of record closes. The dow rose about 244 points to 27,332. The nasdaq climbed 48, and the s p 500 added 13 and closed above 3,000 for the first time. All threendes were solidly higher on the week. And while we sit here at record levels, the market will be turning its attention to earnings season which gets under way in earnest next week. Bob pisani tells us the one thing investors mt keep an eye on. Eerarning season is upon us, citigroup kicking things off on monday. For investors it will be about guidance. Prayerfully the second half guidance will be cautious and on the weaker side due to Global Growth and tariff issues. What about the bulls . Theyre arguing
Your future. Now, becky quick we begin with the booming business of cannabis but with those potential riches come this is reality theres a much bigger boom in the black market of weed that is crippling legal sales. Whats going on inside dispen dispensa dispensaries melissa lee as our lead story investigation, weed killers. Reporter its a weekday afternoon in los angeles the epicenter of cannabis in the united states. This busy dispensary is open for business hi. Reporter but if everything looks normal, it isnt this is, in fact, an unlicensed, illegal dispensary part of the booming black market in california and around the country. Its what the cannabis industry says could be the biggest threat to sky high expected revenues. The Legal Cannabis market in air very short period of time is going to grow from 0 to somewhere in the neighborhoo of 50 to 75 billion. Reporter that optimism faces this reality an estimated 70 billion in illegal marijuana sales nationally seven times the legal mark
Centre of any in the united states. It is the largest collection of monumental municipal buildings of any city. It is a National Treasure and we need a Strong Organization to help tell that story and get people to come because for the last 50 or 70 years, the area has been misunderstood, it has been neglected, and it has been ignored. The c. B. D. Is one of the biggest steps along with a number of others in the last ten years to try to overcome that but more needs to be done. If case in case you havent seen it, i have written it all up in a book that i have put out recently and i hope that you all have gotten a copy and read it closely because the last chapter underscores a lot of the things that happened to mess things up. So i will leave some of my flyers here to encourage you to get the book. [laughter]. Next speaker. Good afternoon. My name is susan and i represent the San Francisco conservatory of music. We are enthusiastic supporters of the c. B. D. We have 400 and more students