Dow topping 28,000 today for First Time Since february. Its the value trade thats working. Is the rotation for real i think as long as you have confirmation in the bond market, you can believe in it but when that link breaks, the stocks the value stocks probably crash again. We witnessed an episode like this that happened from the middle of may through the middle of june. It was almost a full four weeks. It was violent to the upside value stocks, cyclicals, the quote reopen names Small Cap Value did incredibly well the Growth Stocks took a pause the high flyers corrected but when that ended, it didnt end gently you had crashes in the reopen stocks you had crashes in the value stocks both asbestbsolute and relative to growth its a Real Recovery if that link breaks and i know yields have gone up a bit here and abroad as long as that continues happening, im fine with it. I think you have to watch that more than commentary, more valuation, more than anything else jpmorgan had a great note
, the merciful, the merciful. More than three million three hundred and ninety thousand people left the country through the land and air borders. This figure, with the addition of the passage and departure of noniranian nationals , reaches more than 3 million and 800 thousand people. About two million iranian pilgrims to the country until 12 oclock today , he announced that with the addition of foreign nationals iranians, this number reaches more than two million and five hundred, sorry, two million and 150 thousand people. Mehran border with about one million and 600 thousand pilgrims is still the busiest border in the country, followed by shalamcheh border with more than 822 thousand people and khosravi border with more than out of 500,000 people, the highest traffic of pilgrims was recorded in chezabeh tamrchin and with you in the order of the borders that they chose for the Arbaeen Hosseini trip. Two days before arbaeen, bus ticket prices for the routes leading to the western borde
The context of global transformation will be discussed today in moscow, at the central exhibition the seventh Financial Forum opened in the manege hall; the Business Program included more than a dozen thematic sessions; Prime Minister Mikhail Mishusti will speak at the Plenary Session. As a result of a fire in the area of tashkent airport, one person died and another 162 were injured, the ministry of health reported. The emergency occurred at night at a large warehouse. Electric vehicles, according to the ministry of internal affairs of uzbekistan, the building was struck by lightning, by this minute the fire was localized, but helicopters and dozens of rescuers are now working on the site. Republican debates were held in california, they plan to fight for presidency in the twentyfourth, discussed the main problems of the United States and challenged trump. He did not come to the debate, for which he received criticism from his opponents. So. Nagorno karabakh ceases to exist. The
Overall number in the law, the budget control act, requesting basically a little bit over 1 trillion. 1. 1 trillion as the law allows for. Within that number, he really departed from the budget control act numbers, and he requested a lot more for defense programs. About 54 billion for security related programs. And covers that with an equal amount of cuts in nondefense spending, 54 billion. So thats a violation of the budget control act there. But more than that, its very politically unpopular. Yes members really like the , defense spending increase, but they dont like taking it out of nondefense programs agriculture cut more than 20 . Transportation, federal housing programs cut 15 . Labor, health, Education Programs cut similarly. State Department Programs cut tremendously. And congress is rejecting that. They dont really have their own plan nailed down. While they are inclined to give a lot more to defense, they are not as interested in those nondefense spending cuts. It matters of
He says he flies private in a thoughtful way with a tax in mind. He also discussed his proposal to provide government subsidies to coal and Nuclear Industries and federal governments efforts to restore electricity to puerto rico. I ask our guests to take their seats, please. The subcommittee on energy and power will now come to order and the chair will recognize himself for five minutes for an opening statement. First of all, welcome, mr. Secretary. Its great to have you here. And todays hearing is going to examine the department of energys management and Mission Priorities under the leadership of secretary rick perry. Im very pleased to welcome this morning for his first appearance before the subcommittee. It performs essential Nuclear Security and National Security missions. It plays a central role in ensuring the nations Domestic Energy security and sorting americas Strategic Interests in the international markets. It performs challenging cleanup operations to address its vast envir