Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
months of this year. these are the first set of quarterly gdp figures since the end of the country s strict covid poilcy in december. this boosted retail sales, which were up over 10% on this time last year. also a huge expansion in travel, with some 45 million air passengers taking trips last month. all of this has helped spark positivity from investors, with groups like citi upgrading their china growth forecast to 6.1% that s well over china s own targets. joining me now is rory green, chief china economist at consultants ts lombard. these numbers look strong. is it a short term bounce or was it more sustainable. it short-term bounce or was it more sustainable- sustainable. it is generally fairly sustainable sustainable. it is generally fairly sustainable for sustainable. it is generally fairly sustainable for the sustainable. it is generally fairly sustainable for the remainder i sustainable. it is generally fairly sustainable for the remainder of 2024. what sust
This hearing is just under three hours. [background noises] with the committee will come to order. You declare recesses of the committee at any time. Opening statements but before my Opening Statement id like to also request unanimous consent to submit chairman lucas Opening Statement for the record might not recognize myself for five minutes for an Opening Statement. I like to welcome everyone to this mornings hearing science and technology the Environmental Protection agency. I am pleased to welcome epa administrator Michael Regan for the very first time in front of the Science Committee. In fact this was the first time any epa administrators testified since 2019 so we certainly have a lot here to discuss. So thank you for coming. While ir appreciate you joining us today have to say her testimony was sent to the committee unacceptably late. Work are witnesses to share the written testimony no less than 48 hours ahead of our hearing. This is not an arbitrary deadline for our members t
Climategate, and they are talking about falsifying information to make the public believe this is happening. The u. K. Telegraph said it is the worst scientific scandal of our generation. Thats pretty serious stuff there, i say to my friend in the stuff. The worst scientific scandal of our generation. Clive cook, thats the financial times, the closed mindedness of these supposed men of science is surprising even to me. The stink of intellectual corruption is overpowering. Thats from the financial times. Were all familiar with that publication here. A prominent ipcc physicist said climategate was a fraud on a scale ive never seen. A u. N. Scientist dr. Phillip lloyd said the result is not scientific. Newsweek said once celebrated climate researchers feel like used car salesmen. None of the ipccs most quoted data and recommendations were taken straight out of the unchecked activist brochures. Thats newsweek magazine. George mornboith he said quote it is no use pretending that this isnt a