Be worrisome. Arestors seems that they looking to a lot this great Second Quarter in, david. David the consumer board came out with good numbers on positive consumer confidence. We are going to get fedex after the bell today. What are we looking for . Abigail relative to the earnings, micron put up a Strong Quarter and boosted the outlook carrying the outlook boosted the outlook. That wasto the quarter a stunning quarter, i wonder break it down. 18 this quarter. The best quarter since 1998. Treasuries after a huge quarter in the First Quarter relatively flat, but where we saw huge gains, investment credit, highyield credit, this of course on that fed support buying outright Corporate Bonds and those etfs. Gold having a strong day. Not just today but it was the quarter up 14 . The best quarter since 2009, so it will be interesting to see if this will continue into july, whether the Third Quarter can be a strong as the Second Quarter. Probably unlikely, but right now, there is an optimis
[background sounds] good morning. Thank you for being here. Sunday evening i received a telephone call from my former colleague mark meadows, that e chief of staff of the white house, who asked me to put together a group of eight to ten members for the purposes of having a briefing in the skiff at the white house. I indicated to him that i would consider that. I talked to the speaker about it. Our view has been an always been that when the white house ask you to come down for a meeting of the briefed you respond to that request. At the same time i told mr. Meadows yesterday, and i repeated a couple of times today, that this briefing was not, and to emphasize, was not a substitute for the speaker and minority leader of the senates request for a full briefing of our members. The time when you have a threat to american personnel, whether they be military or civilian, it is a serious matter. And needs to be taken with the utmost importance. And utmost concern. I think its fair to say as my
Against religious conduct released and stated in violation of the free exercise clause under Trinity Lutheran. The Montana Supreme Court disagrees and that court held boring schools did not violate the federal constitution. This board should reverse that judgment. Even respondents now concede that excluding Religious Schools from the program is unconstitutional they are viewed that the court avoided this discrimination by invalidating the entire program. This is wrong. The only reason the court invalidated the program was because it included Religious Schools and the courts remedy did not cure its discriminatory judgment nor should the remedy shielded judgment from review. Petitioners brought this lawsuit because they were denied scholarships based on religion and they are still being denied scholarships based on religion. If the court had shut down the program because it included muslim schools or africanamerican schools, theres no question that would be unconstitutional. We ask you t
Basically kind of bouncing around. There is a lot of concern as to where this rally can go based on the fundamentals with the economy and corporate earnings. Caroline the economy, corporate earnings, this is exactly what Bloomberg Intelligences Gina Martin Adams has been talking about. The second phase of the recovery will be slower, choppy or. We have real earnings progress to underpin some of these numbers. Today, we got a little bit more betterthanexpected Consumer Confidence data. Taylor driving valuations on the s p 500. One of the first times in a very long time where the s p trading at a valuation is higher than the stocks index. Typically, those chipmakers have been so overvalued. Refocusing back here just on the u. S. Is really led that market higher. Romaine when we talk about risk assets, we look at some of the havens. Gold at one point today traded above 1800. Having one of its best quarters ever. Treasuries have been kind of range bound over the last couple of months. Year
Coverage. A vote expected at 2 15 eastern. And cspan2. The presiding officer the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal father, the center of our joy, bless our lawmakers with the peace and wisdom needed to lead in our challenging world. Give them eyes to discern and understand the intricate complexity of this turbulent season. Lord, guide our senators to the right paths. Lead them beside still waters. Restore their souls. Let them lack nothing for you make them whole. Overflow their cups with gentleness, care, and understanding for the people they represent. Let them fear no evil and take courage in adversity, for you continue to lead them with your allknowing right hand. We pray in your everlasting name. Amen. The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands,