With neding to do that davis, chief u. S. Strategist. Panic, correlation started to break down. Are you looking at correlations as you start to look at u. S. Equity . About 20of all, i am years past my prime on hot dog eating contests. So i believe that to you guys. Wehink it is a general trend have seen over the past few months. Markets trying to get back to normal. While we can criticize the fed for maybe overreaching and buying fixed income, in reality, they stymied a panic in the market. We need to watch a host of things for the markets to return to normal. We need to watch volatility, Interest Rates, gold. If we can see these things continue to heal, then the investors are on the sidelines. That the investors on the sidelines will feel more. Omfortable getting back in areas thatclical have so far not been able to mount sustainable rallies. Caroline so you anticipate a rotation, that the beaten up stocks will start to lead the charge again . There is the typical rotation that you g
Sb Committee Comes to order. Good afternoon. And welcome to our witnesses and audience members. Let me thank you all of you, for coming, and for participating in this subcommittee hearing. Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses, and an opportunity for every member to inquire for five minutes. We will dispense with our practice of the given and instead go in order of seniority for questioning alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. However, all members are responsible for unmuting themselves when they
What i meant by its not working is were dealing with Community Spread as a substantial number of people getting infected do not know theyre infected. Theyre not symptomatic. Theyre asymptomatic individuals. The classic paradigm of identification and Contact Tracing is very difficult to make that work under those circumstances. You superimpose upon that the fact that even with identification, isolation and contact trace, often the dots are not connected. If you get on the phone and talk to people who are in some of these communityus find that a lot of it is done by phone. When its done by phone maybe half the people dont want to talk to one who they think is a government representative. If you live in a community thats mostly brown or black youre in a different situation that maybe 70 of them dont really want to talk to you. You can identify a contact but you dont isolate them because you dont have the facility to isolate them. That is whats not working. So what were going to do, and we
Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses and an opportunity for every member to inquire for five minutes. We will dispense with our practice of observing the gibbons rule and instead go in in order of seniority for questioning, alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. All members are responsible for unmuting themselves. When they are recognized for their five minutes or when they otherwise seek recognition. I want to thank you all for your patience as we navigate this new technology. In order to continu
Confederate statues and other monuments. From wilmington, delaware, this is 50 minutes. Im a few minutes late. This is my polling place. I was trying to vote early, but i couldnt find it. Thanks for being here. I cant tell whether youre smiling or not, thanks for being here. Minutes toake a few tell you about what i think we should be doing right now, and id be happy to take questions. For weeks, we have seen the warning signs. Numbers dont lie. Infection rates are now going up in more states than they are going down. More than 125,000 people in the u. S. Have lost their lives. Newthose numbers and infections continue to grow at alarming rates. Confrontingit is the simple fact that we wont be able to solve the economic crisis without a rigorous Public Health approach. They are not separable. The administrations propaganda that the response should be a cause for celebration, and despite President Trumps request that we should slow down testing because he thinks it makes him look bad, th