The strongest week since back to april. However, you have to put that in context. Two weeks ago was a lousy week in fact, two weeks ago the dow lost just over 1800 points, down by 1833 points last week the dow was up by 1821 points so that was a giveback for the dow kind of starting things over if you look at the other major averages, they got back much more ground than they had lost the previous week. Last week the s p was up 329 points after being down 195 the week before and the nasdaq was up by 983 points last week after losing 636 points the week before but again these gains this morning are significant ones they are adding to what we saw last week. Also, take a look at whats happening in the treasury market youll see that right now the treasury, the tenyear, is yielding 0. 812 so its stabilized after bouncing around quite a bit during the election and the election counting last week stabilized at 0. 812 andrew thanks, becky our top story this morning, president elect biden wastin
I am honored to be here and its kind of welcoming you. Everyone here to freedomworks adam brandon, president of freedomworks. Ive got an incredibly distinguished panel right here and there is more academic credentials probably up here in the rest of this room combined is pretty impressive and then theres me and steve moore, right . So first, the first person i want to introduce and when i thought we would do is just very quickly, i would introduce all the panelists and then Everyone Wants just a few minutes to speak. And then we have senator josh hawley. Since hes sitting up here next to me, i. Senator, would you please take the first question . So, yeah, so hes ask the first question. So hes thinking of a hard ball for you guys right now. So first, i just want to welcome dr. Arthur laffer, someone who comes from my part of the country of northeast ohio. Thats always a good thing, right here. Dht from stanford. And i was looking through one of the things i always appreciate about art l
Feeding Market Information to a swarm of japanese traders. Can you get more exuberance into this market . This fomo trade when it comes to equities in the u. S. And global, 24 billion flowing global sixth largest for inflows. ,hen it comes to u. S. Stocks 11 higher than its 200 day moving average, the whitest cap since 2013 idest gap since 2013. We do have a Public Holiday when it comes to u. S. Stocks on monday, so a wellearned rest when it comes to some of these u. S. Stocks and the recent rally we have seen. We have some breaking news when it comes to xiaomi. Considering chinese banks when it comes to their ipo, but sent to have chosen Goldman Sachs and deutsche bank, as well as Credit Suisse and Morgan Stanley, so more color on that story. Fromhotly anticipated ipo xiaomi, once a top contender when it comes to the smartphone space, a real disruptor for that space. 30 minutes away from the open. Singapore, taiwan, and malaysia coming online. Sophie taking a look at market action. Br
Subcommittee will come to order. And i would like to welcome our witnesses f skrcc. As members of this committee we have a responsibility to ensure the funds we see are spent wisely. Both of the agencies are seeking increases for fiscal year 2018. The fcc is requesting about 15 merse higher than fy 2017. The fcc budget has grown from 370 million to now 1. 6 billion. The over sight on the commissions budget is critical. Although those fees come from public committees and exchanges, theyre borne by investors. Helps markets operate efficiently and spurs Economic Growth for all americans. The cftc is requesting 285 million. In comparison the cftc was founded and the budget has now reached to 250 million. However, access to more funding doesnt necessarily mean theyll spend that funding responsible. You both have challenges as you have taken the helm of your agencies. Fcc has also had similar issues related to its leasing practices, which is of concern given the proposed budget increase. All
Subcommittee will come to order. And i would like to welcome our witnesses f skrcc. As members of this committee we have a responsibility to ensure the funds we see are spent wisely. Both of the agencies are seeking increases for fiscal year 2018. The fcc is requesting about 15 merse higher than fy 2017. The fcc budget has grown from 370 million to now 1. 6 billion. The over sight on the commissions budget is critical. Although those fees come from public committees and exchanges, theyre borne by investors. Helps markets operate efficiently and spurs Economic Growth for all americans. The cftc is requesting 285 million. In comparison the cftc was founded and the budget has now reached to 250 million. However, access to more funding doesnt necessarily mean theyll spend that funding responsible. You both have challenges as you have taken the helm of your agencies. Fcc has also had similar issues related to its leasing practices, which is of concern given the proposed budget increase. All