Who i see on my screen here, until im willing your evil to return, documents for the record can be sent to Benjamin Taylor and the email address we provided to staff. All documents will be entered into the record at the conclusion of the hearing, and i want to inform all members and witnesses that we are expected to have a series of hearings on the floor all day today. I expect that what we will do is we will rotate through, so that both on the republican and democratic side, so that we will be able to continue to hearing as seamlessly as possible, when the chair has to go, mr. Pallone will preside, and vice versa mister guthrie, i would hope that the republicans can do the same thing. The chair will now recognize herself for the purposes of an Opening Statement. inaudible my question is, are you needed, chairwoman . I was muted because my staff is looking for my Opening Statement, which was not included in my briefing outlook. I will make my Opening Statement in just one moment. Mr. P
By the United States of america. You go out and look at all the speculation. I would suggest right now it is speculation about what china will do, but there is no speculation that they will do something. Jonathan there is a broader story to acknowledge, whether it is the economy and trade, whether it is foreign in the , the commonsea denominator is trust and the lack thereof. You see it playing out more in the last couple of months. Tom it is worldwide. SyrIan Duncan Smith was on. Ir Ian Duncan Smith was on there is a Global Messaging here about china and what to do with their economic and military assertiveness. Jonathan for the equity market, we are down just eight points on the s p 500. Market participants dont know what to do with that story. This has been the take away for the last several weeks, every time we see a headline like this. We come back pretty quickly. Lisa trade tensions were a tear bleed through into the economy. Result, an unclear less fuzzy result that we are is th
We can see the light at the end of the tunnel. We see the kasim terrific vaccine news from the highly promotional mo dederna. Nasdaq advancing. 95 . Despite the case numbers from florida, texas, california, arizona, we might be able to go back to normal sooner than we thought thanks to moderna or frankly, the dozens of Companies Working on a vaccine including astrazenika. The vaccines, thats the light at the end of the tunnel it led to ludicrously bullish action cruise lines, airlines, restaurants, the retailers, the Covid Vaccine gain if everything goes perfect, it will be months for the vaccine is ready, maybe years. You got to finish studying before you inoculate they havent faced trials. They need to make sure it works and no serious side effects when presented on mass, not just this little group and manufacture hundreds of millions of doses, in the interim, there is only one serious fairly foolproof method to bridge us to a successful vaccine and that is stimulus from the federal
Have one today, chipotle, the companies that fell a great deal and made a snap back like tulio where it makes it so you can take your Small Business and take it large, what do these things have in common . They are omni channel for companies that would otherwise fail i think its this is ingenuity quarter. I know there will be people who say its a v quarter, i know there will be people who say its because the fed i think its companies that recognize what was the matter and found ways to make money i found it a very inspiring quarter given the cynicism that were surrounded with and the negativity which is frankly overwhelming for many people so you think that even though the fed has bought, what, 1. 7 trillion in treasuries in four months and even as that pace flattens out were going to continue to get innovation like that i find there is Just Innovation everywhere. I had honeywell on last night, theyre solving the problem of the vials with plastic, there arent enough vials to go around
Record. A decade on commodities are seen as australias savior. Rising demand and expansion plans may ease the recession. Shery lets get you started with a quick check of how market are trading. U. S. Futures up 0. 25 after a brutal session in new york. Stocks tumbling the most in three months. Every company on the dow was down today, all 30 companies down. Almost nothing was spared. The s p 500 seeing the biggest decline since march 16. At one point nearing that 7 threshold that would trigger a pause. We saw the big gainers in recent weeks like airlines, travel Companies Taking the brunt of the selling. We had concerns over a second wave of infections across the u. S. , also a lack of further easing plans from the fed potentially dampening the recent rally. The nasdaq was down or than 5 . We saw the dollar treasury surging the most since april. Lets see how things are shaping up for asian markets. Sophie kiwi stocks up more than 3 . Asian benchmarks have been slashing. A pullback looki