Right to the Ranking Member to the witness testimony. Thank you mr. Chairman. The 2,020t 2,020th and this wile as a roadmap for the next decade determining how billions of dollars of federal resources and congressional representation will be divided among the states and the results of this we all undoubtedly impact every community in america and every person must be counted. The account isnt just about understanding how many people live in our country, this is about ensuring that the Community Across america has access to the resources that they need to grow and succeed. These resources to combating the Opioid Crisis and other health emergencies. First responders and Disaster Relief agencies where they direct Emergency Response efforts. Local businesses also use the data to help decide where to invest in factories and stores and in my home state of michigan, 29 billion in annual federal name is on the line. For every person not counted, michigan stands to los lose as h as 1,800, funds
4. 2 it has pulled back off that, a little bit, as you see there the nasdaq down for twostraight weeks. This takes us to the talk of the tape whether it has room to go. Chip investors stepping up and buying today, after the call on nv nvidia kristina is following that today. Its been a nice bounce. 6 , nice bounce the narrative is buy now thats what Morgan Stanley and bank of america is saying about nvidia shares. Theyre calling that an entry point for many, especially with earnings on next week. Nvidia is only serving half of the demand in the a. I. Market. Thats enough to rodrive revenu. They think q2 of 11 billion, which is 50 higher than what analysts is anticipating, is conservative nvidia should blow past its number that call is why youre seeing the stock up 6 . Not everything is perfect. That could cast off nearterm upside secondly, ali baba, and others are trying to rush the chip over fears that the Biden Administration will impose more export restrictions. Overall, you need to
Economists were expecting at least a 4 . Property investment is a sore point, still eight. 5 down. Worse still 8. 5 down. A slight pickup in the jobless rate. I cannot seem to find a be. It seems like a miss across the board on activity numbers coming through. We are still waiting on some other numbers. In some ways we thought this would be soft but not this soft but the rate cuts in the seven day. Markets are not really reacting as much. Yvonne currency continues to be something traders are ignoring, pboc fixes given the pressures we are sitting on the currencies. Yields are taken higher globally. We could be seeing a scenario of 754 china but looking at how markets do say were seeing slight declines so taking it in stride right now. Maybe a cushion in markets in terms of sentiment. The retail sales print is the lowest we have seen since last december. National bureau of statistics should start their press briefing to give more context. And we have helen chow out of bank of america. W
And also until the end of this hour, see the author s project by kirill vyshinsky, a typical novorossiysk history of the donbass region , Russian Troops have taken more advantageous positions in the kupinsky direction of our assault squads are conducting offensive operations in more detail about the situation on the fronts. The most accurate work of the bmd4 Armored Group near artyomovsk on the footage of the destruction of the apu platoon stronghold from a 100millimeter guns, the tula landing did not leave a chance to the enemy detected with the help of drones , we always think, we always discuss departures and always discuss there inside the crew, like that. What actions do you understand, respectively , strongly felt . Well, what kind of work is this on almost every sector of the front, the enemy suffers significant losses, the number of which is so great that every day it seems more and more that the counter is advancing, kiev is on itself, first of the socalled kiev offensive regi
Haidi welcome to daybreak australia. Markets have just come online. Annabelle im Annabelle Droulers in tokyo. We are coming down to asias Major Trading opens and the top stories. Traders await jay powells congressional testimony and the u. S. Jobs report. Elon musk using the worlds richest person crown to jeff bezos as tesla slumps. Paul also ahead, haidi also ahead, the Supreme Court puts an end to attempts to keep donald trump off state ballots. Im Stephen Engle in snowy beijing for the opening of the National Peoples congress. An openin a warning not to invest in china underscores the leaders. Haidi we have breaking news to kick off the hour. South korea gdp numbers coming through on the bloomberg. We are seeing when it comes to the revised Fourth Quarter number, the preliminary number when it comes to seasonally adjusted quarter on quarter coming in line with expectations. 6 10 of 1 higher. The year on year number in line with expectations. The annual gdp for 2023 at 1. 4 percent.