[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] supporting others. It goes a long way, reducing the debt. [inaudible conversations] can you hear me . [inaudible conversations] good morning, you are with us today. Good morning. Will a [inaudible conversations] will subcommittee will come to order. Welcome to todays hybrid hearing. Most numbers will appear remotely by webex. I may be the only member appearing at present though all three witnesses are appearing in person and appreciate that. Since many members are appearing, let me remind by pursuant to the latest guidance, all individuals attending in person must wear a face mask. I am wearing mine except to make this statement. Members not wearing a facemask will not be recognized was let me make a few reminders to those appearing in person, actually they are not. A timer is visible directly in front of you. All members appearing remotely, youre familiar w
By webinar let me remind everyone that pursuant to the latest guidance come all individuals attending in person must wear a face mask. And i am wearing mine except to make this statement. Members who are not wearing a face mask will not be recognized. Let me also make a few reminders to those members appearing in person. Well, actually they are not. I time is visible in the room directly in front of you. For all members appearing remotely, i know you are familiar with the webex pineapple that they remind everyone of a few points. First you will be able to see each person speaking during the hearing whether they are in person or remote as long as you have your webex set to active speaker view. If you have any questions about this please Contact Committee staff as soon as possible. Second, we have a timer that should be visible on the screen when youre in the active speaker with thumbnail view. Members who wish to pin the timer to their screens should Contact Committee staff for assistan
That their hopes misplaced . Will bitter partisanship prevail . All that and more on making money. Charles after breaking key resistance yesterday there is a little bit of backing and filling this is normal, in fact necessary before we make the next big test, i think retest of alltime highs. The question is how and when to position your portfolio . The rally is broading out than just a handful of names. Mr. Nasdaq winners than losers for the first time this year. Could oil stocks be among them . The top 20 winners on nasdaq, get this, folks the top 20 winners on nasdaq are up average 580 . How would couple of those change your life . The canary in the coal mine suggests that the economy is improving that could be great for the stock market and good for the economy. Here to hash this out, jim awad, dani hughes and bny mellons investment chief strategist alicia levine. Jim, i want to start with you. Ive been a very calming voice. Youve been very sure about the upside potential of this ma
The ultimate cost, nobody is looking a deficit anymore, i get that but if the president was always on board, something were generous and this is more generous, could that close the deal, does that mean the deal is more likely when he himself has upped the price tag on it. My Organization National Taxpayer Union has been saying for months, what a negotiating tactic is to talk about topline numbers. What if going on a walk down memory lane we had lawmakers that thought about the impact of their policy rather than whether or not they were spending too much or too little, thats why were in the situation to begin with and why deficits and spending are so out of control because members of congress are talking about the price tag rather than the effect this relief could have, i think its very important that congress does continue to support the economy, were in very in certain times, whether or not your spending 1 trillion or 2 trillion should depend on what youre getting for the 1 trillion i
Heavily political negotiation we said we cannot tell what is going to happen. The market seems to believe there will be some kind of stimulus, the dow up this morning up 150 and nasdaq of 171. Plenty of green on expectation of a stimulus deal. As for the white house, doctor sean conley says the president has responded extremely well to treatment. And expects him to return to public engagement, mr. Trump is going to do just that, hes going to florida for a rally tomorrow. Speaker pelosi questioning the president s fitness for office, she intends to bring up the 25th amendment to the constitution which is about the presidencapacity to function. On the one hand they negotiating training in dollar stimulus plan and on the other the speaker questions mr. Trumps ability to run the country. To the debates, more confusion. Mr. Trump will not participate if its virtual, joe biden says he will be there anyway. But he has scheduled a town hall with abc on debate day, october 15 and a raging debat