Time to recover. We have doubt. We expect choppy conditions to come in the months ahead. Choppiness heading into the next couple of quarters. Jonathan joining us now is priya misra. Fantastic to have you with us on the show. Clearly this recovery is stalling and you are getting incrementally more bullish on treasuries. Is that right . Priya i am. The data is better than my we were looking for. We were looking for data to improve and it is coming in better than that. In the backdrop we have rising covid infections in the u. S. And globally, which means we have to live in this environment for a while. That will hurt the opening, perhaps delay, slow down. It will affect consumer confidence. Event. A very big a different policy proposals on both sides. That is going to make risk assets hard to price. Things look pretty positive in august. We are near the lower end of the trading range in the 10 year. Are going backe to that 60, 80 basis point range. Jonathan there is a ton of risk on the h
The hospital fed chair jay powell told congress more stimulus may be necessary. A moment ago, looking at the dow futures. Up by about 67 or 70 points. S p up by 10. 50 and nasdaq up by 152. 10year at 0. 743 below yesterdays close. We have a huge line up again today. Amazing. Former Economic Advisor to president Obama Joining us about an op ed hes just penned. General motors Ceo Mary Barra with us. Investor Glenn Hutchens and Dallas Mavericks owner and netflix cofounder and ceo of netflix with Important News to share this morning some stocks to watch you might keep an eye on ar call revenue was a little short results would have been better but customers in hard hit areas postponed purchases including hospitality, retail and transportation clients shares of groupon reported a First Quarter loss that wasnt as bad as expected saying it was challenging, people turned to discounts on Warehouse Club members, flour delivery and e learning. I was willing to send some flowers. We waited up late
Colleges, black colleges and universities and minorityserving institutions in preparing students for success. Pursuant to committee rules, Opening Statements are limited to the chair and Ranking Member. This is to allow us to hear from witnesses sooner and allow adequate time for questions. I recognize myself now for an opening statement. Examine thel Critical Role of historicallyblack colleges and universities, Tribal Colleges and universities, and Community Colleges in providing lowincome students and students of color with a quality Higher Education. Our first three bipartisan hearings have clearly demonstrated that a College Degree remains the surest path to Financial Stability for americans across the country. This is particularly true for lowincome students and students of color, whose educational and workforce opportunities have historically been limited i enter generational poverty and systemic racism. Studies show students with income and the bottom of distribution can double
Test. Test. We also know that while these institutions are doing the most work to close that achievement gap, and advance economic mobility, theyre severely underresourced. Its great to see the Community Coming together in a bipartisan way to prioritize and address this issue, and i look forward to working with all of you on this. Madam chairwoman, id like to enter into the record this report by the United Negro College fund, which is led by my close friend, michael lomax, who actually the emcee when i was sworn in to congress in our event just recently, entitled the hcbus make america strong, the positive impact of historically black colleges and universities. So ordered. Thank you. The 2017 report found that the total Economic Impact in the u. S. Is 14. 8 billion annually. The equivalent of ranking among the top 200 corporations on the fortune 500 list. In maryland, we have four hbcus that generate 1 billion in economic output and 10,000 jobs. A maryland graduate can expect to make a
Welcome. Orning and the subcommittee on Higher Education and workforce investment will come to order. We are happy you are here. I know a quorum is present. I want to ask can sense they be permitted to participate in todays hearing with the understanding your questions will come after all members have completed their questions. The committee is eating to hear testimony on engines of economic mobility. The Critical Role of Community Colleges, historically lacked minorities serving and institutions preparing students for success. ,ursuant to Committee Rules Opening Statements are limited to the chair in the Ranking Member and this allows us to hear from our witnesses sooner and provide all members with adequate time to ask questions. I recognize myself now for the purpose of making an opening statement. We will examine the Critical Role of historically black colleges and universities, Tribal Colleges and universities, and committee colleges in providing low income students and students o