Some signs of nervousness is also showing for the banks. Bonds are rallying a little bit so that means yields come in and that weighs on the bank so thats a little bit of a pause in the cyclical rally. How does the market really react to what the economists are seeing . They say we will be good in the second half of next your but have a really tough spot between here and there. Have the markets price that in . Abigail the markets do not appear to be pricing it in all that much. As you know, some of the longer term charts are starting to show the possibility that equities in particular are stretched and there could be some sort of sharp pullback for the end of this month or the beginning of next year. That could very well reflect the air pocket the jobs report for november is very disappointing suggesting december and january could be worse. It appears theres some sort of awkward middle ground in the First Quarter of 2021 and maybe beyond. The optimism that the vaccine will bring to the
Plus reverberations are being felt after the doublewhammy from attorney general bill barr who said, no, the Justice Department has not found any widespread evidence of voter fraud, yes, he did appoint a special ounce sell to probe the origins of the trump russia investigation. Critics calling out nasdaq to force companies to include women and minorities on their boards. They say it is another example focus on identity politics taking precedent over efficient capitalism. President obama, remember him, attacks the party about defunding police. They need more than snappy slogans. That is drawing sharp criticism from his fellow democrats. Im gerry baker in for elizabeth mccdonald. The evening edit starts right now. Gerry we begin tonight on capitol hill where there is potential progress on delivering a covid relief package. Fox news Congressional Correspondent chad pergram has the details. Chad . Reporter good evening, gerry. The Senate Majority leader Mitch Mcconnell is pushing socalled s
Leaders say theyre still battling the advance on the capital. And as Police Across size for violently clearing out a migrant camp in paris, french m. P. s give initial approval to a bill restricting the publication of images of the police. Joe biden is forging ahead with his preparations to take over as president as his margin of victory keeps growing is just formally unveiled some of his top teen while pennsylvania and nevada have become the latest states to certify him as the winner in the past hour. The president elect was joined by the men and women. Hes picked to be his Foreign Policy and National Security chiefs. Its a team he says is ready to lead the world. It comes after President Trump began to give way, allowing the official federal transition to begin with government funding and classified intelligence briefings. Its a team that will keep our country and our people safe and secure. Its a team that reflects the fact that america is back ready to lead the world, not retreat f
Subcommittee will reconvene. Hearingthe most clunky ive ever participated in, let alone chaired and that is saying a lot for the United States senate, so i apologize for our way to our witnesses, but to all who are paying attention, how challenging it has been with the series of votes. Senator cantwell is next to question. Cantwell thank you for inviting a witness that is both in kansas ander a Washington State residents to boot. I do want to work with you on the manufacturing workforce workforce issue that you and senator warner introduced keeping the supply chain and aviation manufacturing. I appreciate this hearing and i know we are dealing with an increase in the number of cases and challenges we face. Im very proud our state has kept our rates of infections and hospitalizations down, and appreciate the ongoing efforts but im also impressed by the manufacturing efforts in our state. Everybody working together. Outdoor research converted one of its seattle facilities into making sur
Runs just under two hours. Good afternoon, everyone. Thank you for being with us, or being near us, at least in the technology since. I welcome all of you to todays hearing that weve entitled, examining the response to the covid19 pandemic. The subcommittee at the sound of the gavel will come to order. As the nation continues to fight the unprecedented Public Health crisis, americans worked to protect against further spread of the virus while trying to maintain a certain degree of normalcy, including maintaining a job and earning a paycheck. There is not a corner of the u. S. Economy that has not felt the impact of the pandemic todays discussion will talk about the harmful effects on the Manufacturing Sector. During this pandemic, many in the Manufacturing Community have adapted their operations to help provide products needed to prevent the spread of the virus. Distributionlesale company that pivoted to manufacturing face masks in response to a dire National Supply shortage, or a cart