Level since going public, all because of what its doing in, you guess it, tweight loss. We start off with the last trading day of the month a look at just how much things have changed in the month of september. We kicked off the month, the yield in the tenyear treasury was less than 4. 1 . Its risen 50 bases points, hitting levels not seen in 16 years. Volatility soared 30 to its highest since may, and meantime, stocks dropped with the nasdaq and s p locking in their worst months of the year. As we get ready to kick off the strongest time of year for the marks, what should we expect . Tim, what do you expect . I expect theres not going to be a fed meeting that was supposed to be a nothing burg that are turn into the a big burger. Were already on the move. But i guess what i expect is that sentiment and positioning have already made adjustments based upon how bad september was. And i think theyve already started to adjust backwards. I realize and carder probably thinks the about this al
Bipartisan inhofemikulski amendment to the National Defense authorization act. What does our amendment do . It stops the privatization of commissaries which are an earned, earned benefit for our military and their families. Every year when the Senate Debates this bill, we talk about how we love our troops and how we always want to support our military families, but if we really love our troops, we need to make sure that our troops have the support that they need. One of the earned benefits that does that is the commissaries, and if we love our troops, why would we want to proceed in the direction that we are . Our troops dont view commissaries as a subsidy. They view it as do i as an earned benefit. Im fighting here to preserve this piece of the earned benefit compensation package. Now, what are the commissaries . Since 1826, military families have been able to shop at a network of stores that provide modestly priced groceries. The commissary system is simple. If youre active duty in y
Of congress. That tactic of course is used to cut off debate. Host guest we conclude host we conclude with this point, the Pew Research Study on political polarization. I just want to get your response to one part of this report, saying that when it comes to getting news about politics and government, liberals and conservatives and different worlds. There is little overlap in the new sources they turn to and trust. And whether discussing politics online or with friends, they are more likely than others to interact with likeminded individuals. Guest look. Yes, that is the case. Toot of liberals are going places like msnbc for their news. A lot of conservatives are coming to places like breitbart news, daily caller, fox etc. , for their news. I think that both sides need to do a better job at reaching out to the other sides readers. That is one of the goals that we are trying to do. Is you that you do that opinion. Acts, not you report the news. If you do that you can reach more and more
Theres no time to waste. Its absolutely vital that there is an urgent coordinated response. Australia strongly supports the secretarygenerals efforts in working closely with doctor chan and the World Health Organization to assure the u. N. System makes an effective and coordinated contribution immediately to the global effort to control the outbreak. We recognize this as an unprecedented challenge that requires an equally unprecedented response, and australia therefore welcomes and supports the secretarygenerals initiative to immediately establish the first ever u. N. International Public Health mission. U. N. Peacekeeping missions in particular can support efforts to combat the outbreak. As far as capacities and mandates allow. We know peacekeepers cannot be transformed into Frontline Health care workers but they can play a crucial role to communicate a bowl of preventive the public and importantly to dispel fear and misinformation. U. N. Mission support and maintenance of law and ord
Between kraft and heinz, not even that could stem the bleeding. More on that in a moment. Up 93 points to 17,718. Nasdaq suffered its biggest percentage drop in 11 months falling more than 2 or 118 points to 4,876. And the s p 500 dropped 30. Investors were concerned about Economic Growth after a surprise decline in durable goods. Orders for longlasting products like appliances and computers fell almost 1. 5 in february and thats the third decline in four months. While a key measure of Business Investment fell for the sixth straight month. The results prompted several economists to lower their forecast for First Quarter Economic Growth. Now to that blockbuster deal sue just mentioned involving two giants in the American Food industry. Kraft and heinz both makers of products that are likely sitting on your kitchen shelves like jello Maxwell House and of course, heinz kechtchup, revenue of 8 billion and sales of a billion each a year. It would rank as the fifth Largest Food Company in th