Rep. Sherman the committee on Foreign Affairs will come to order. Without objection, the chair is authorized to declare a recess in the committee at any point, and all members will have five days to submit statements, extraneous materials, and questions to the record subject to the length and limitations of the rules. To insert something into the record, please have your staff email the previously mentioned address or contact the full committee staff. I see we that have a coram and before i go forward i understand the speaker of the house, ms. Pelosi, will be stopping by, and i ask unanimous consent that she participate at any point she arrives. And there she is. Madam speaker, would you like to make some remarks . Rep. Pelosi thank you very uch, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan house and senat
Maxwell a close friend of the late accused sex trafficker Geoffrey Epstein is arrested in the United States also. A rival palestinian groups come together to voice opposition against israels annexation. And. All the. French open organizes that fans will be allowed to attend this is still a tournament. Now the u. S. Senate has passed a bill targeting china over its new security law and home called the bill aims to penalize banks doing business with chinese officials who have implemented the new law it will be sent to the President Donald Trump for approval it comes a day after house of representatives passed it without opposition. It is nothing short of an all out effort to negate the rights of the people of hong kong in violation of the agreements made under the one country 2 systems we were concerned of what it might be and it exceeds even those harz the law is a brutal sweeping crackdown against the people of hong kong intended to destroy the freedoms they were promised thanks to you
Vote vote the presiding officer are there any other senators in the chamber wishing to vote or change their vote . If not, the yeas are 47, the nays are 44. The motion is agreed to. Cloture having been invoked, the senate will resume executive session to consider the vought nomination. A senator mr. President. The presiding officer the senator for arkansas. Mr. Cotton whats happening at this moment in hong kong is a tragedy, a crime, and an affront to the civilized world. In a year in which so much has happened we may look back in the near future and view this moment in hong kong as the single biggest moment of the year. The presiding officer will the senator suspend. The senate will be in order. Members take their conversations off the floor. The senator for arkansas. Mr. Cotton mr. President , whats happening in hong kong right now is a tragedy, as it crime, its an affront to the civilized world. In an eventful year with so much happening every single day, we may look back in the nea
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
Deliveries. China is facing new tensions on two fronts. President trump prepares an executive order. Beijing slams london for interfering in hong kong. Shery lets get you started with a check of the markets. U. S. Futures right now opening flat. This after we saw stocks jumping in the regular new york session. We had broad bullish Global Sentiment as we saw the stock rally in china. The s p 500 closed higher for a fifth consecutive session. Where talking with the longest winning streak since december. Amazon rising past 3000 for the first time. The nasdaq composite closing at a record high. We had this risk on sentiment sapping demand for havens. The dollar index down for a fifth consecutive day. What oil is doing. Unchanged. Unchanged. Crude Oil Inventory data comes out later in the week. Investors weighing not only crude supplies and the surging infections but the u. S. Ecodata. We are talking about nonManufacturing Index confirming the economy is bouncing back fast with the Manufact