Hi im Steve Clements and i have a question or china in the United States headed for a new cold war or is it going to be a hot war lets get to the bottom line. The downward spiral began years ago but in the last few days it has really sunk to new lows following a pattern of kneejerk tip for tat ism washington just shut down chinas consulate in texas last week and in response beijing shutdown americas consulate in chengdu thousands of chinese watched as the u. S. Flag was lowered from that former diplomatic post as part of americas full court press secretary of state mike pompei of gave a speech asking the world one park with it on a new cold war with china the 2 countries already have a trade war theyve got new travel restrictions on each other and theyve been banning each others journalists among other escalation so what do we go from here from a strategic risk. One of the right smart moves that america should be making joining me now is the president of the council on Foreign Relation
On cspan. Org. The senate is weighing in on defense policies for 2021. And now to live coverage. Senate here on cspan2. To or. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Eternal god, thank you for the gift of this day. Open the minds of our lawmakers and give them a vision of the unlimited possibilities available to those who trust you as their guide. May our senators embrace a hugh millty embrace a humility that seeks first to understand rather than to be understood. Inspire them to seek your wisdom as you sustain them with your grace, mercy, and peace. Lord, remind them that you will judge their fruits, productivey and faithfulness. We pray in your strong name. Amen. The president pro tempore please join me in reciting the pledge of allegiance i pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president.
Half hour, joining us for questions. If you had to pick one, would you rather buy gold or bitcoin a lot going on this morning on squauchl thats actually a game we play on fast money would you rather that answer, the day after bitcoin crosses, particularly saling at the section. What i like best when they move in the opposite direction with pops and drops. Was that not a fast money that is like classic fast money circa 2007 classics are the best that is peered the way they are moving together. The way of the digital gold story. Weve got all of this money printing the depth of the crisis getting down to 4,500 . I think lower like 3,500. I wanted to ask you i dont know where you are i dont want to know what type of lease arrangements have you seen. When are they coming back to work at google summer 2021 what is it now . Summer of 2020 it is a year from now google, alphabet is the most out there. Facebook is june 30, 2021. I wonder if all the Big Tech Companies follow suit. Microsoft was o
We are living through the greatest economic crisis since the depression, and the greatest Health Crisis since the spanish flu in 1918. So it should not be hard to convince republicans in the senate and the white house to provide urgent and necessary relief to the American People. The 3. 4 million in the heroes act was based on the countries and needs which is so large and so diverse. Its not a political position. Its what our country needs. Its schools, businesses, renters come , homeowners, essel workers, post office, elections, state and local governments, our healthcare system. Leader mcconnell doesnt seem to understand this. He sees everything through a political lens, but we democrats only at the real needs of people and they are large. They are in many different places and that is why we called for a large bill. Because it was needed. Because the American People demanded it. But at this point the American People are on our side. Twothirds by survey data support the 3. 4 billion d
167 drop. Turn positive 59 minutes left in the trading day. Yeah, set for another record day all time close for the nasdaq coming up on the show, the dow component and tech component an hour away from that up more than 30 from the march lows still down year to date. Well have full coverage and analysis when those numbers hit. First of all, lets focus on the big stories were watching mike santoli is back and tracking all the Market Action for us meg terrell has new details on a number of vaccine candidates and were following the action in washington with the key deadline approaching. Mike, lets start with you its almost faz that rotation out of tech into value didnt even happen. You missed it all of last week you know, exactly a little bit of a stutter step that is all. Maybe it took for the overheated big nasdaq names to cool off for 4 1 2 days, 4 1 2 trading days but they are leading the way today. Is a very narrow rally it is a slow motion breakout you look at a year to date, thats g