In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac
For common ground. Try max factor this is the kaiser report excellent news for stock market bulls looks like the mayans were a little off in their predictions the world is ending ending soon and nothing could be more bullish for stocks stays of course if you look at the stock market over the past month weve had some extraordinary days especially for companies that declare bankruptcy right this is the new adding dot com or a blocked chain to the end of your company name and it sends your stock price soaring in particular weve seen like a lot of companies go up over 100 percent in a day once they declare bankruptcy so conspiracy theories claim mayan calendar was wrong and world will end on june 21st that means that the central bank will inject at least another 100. 00 trillion dollars of money if not 3. 00 or 4 trillion dollars afia money what could be more bullish for stocks and bonds wow this is going to be an epic rally could hardly wait. Well thats just kind of a joke but this next h
Will move along now, even though that was not quite five minutes. Panel to i like to icons welcome the next panel appearing with many years of experience in the industry, mr. G. Michael collins faa retiree appearing in his individual capacity and with many Years Experience and his regulatory role, and doctor michael inslee, former chief scientist, u. S. Air, force and kept in a john cox, president ceo of safety operating systems, thank you all for being here today look for your testimony, without objection your full statement will be included in the record and so we will now proceed with your testimony, five minutes, as best you want to summarize. Mr. Pierson. I dont think its on. I forgot to put the budget, sorry. Members of the Committee Good afternoon thank you for inviting me to testify today, my name is ed pierson, i would first like to provide my heartfelt condolences for the family and friends who lost loved winds on flying air lion air, we are hes let me provide a bit of inform
Swim boats are pending so were going t okay so votes are pending. We will move along now, even though that was not quite five minutes. Panel to i like to icons welcome the next panel appearing with many years of experience in the industry, mr. G. Michael collins faa retiree appearing in his individual capacity and with many Years Experience and his regulatory role, and doctor michael inslee, former chief scientist, u. S. Air, force and kept in a john cox, president ceo of safety operating systems, thank you all for being here today look for your testimony, without objection your full statement will be included in the record and so we will now proceed with your testimony, five minutes, as best you want to summarize. Mr. Pierson. I dont think its on. I forgot to put the budget, sorry. Members of the Committee Good afternoon thank you for inviting me to testify today, my name is ed pierson, i would first like to provide my heartfelt condolences for the family and friends who lost loved wi
A look at that and they think they could get a good price so they might as well sell so if alibaba has such good momentum behind the stock why this market valuation half that of amazon when currently they do even more business more revenue that even up higher than amazon already. Well its hard for anybody to have a valuation is high as i was on i mean theres a lot of speculative money thats in that stock and im sure one of these days its coming back down to earth i just dont know when that is. So now peter lets go back on to the domestic front we have come thinking reports and sentiment yet again from china and the u. S. The mood in beijing right now is increasingly pessimistic as trump refused to scrap tariffs dampening hopes for a resolution the u. S. However seems more optimistic with the markets today and larry kudlow we entering yet again that they are getting close so why are we getting the conflicting reports here. Well 1st of all i think the chinese are actually posturing for a