Up there. Want to therefore get more of a take from state street Global Advisors managing , quantitative equity, olivia engel. Where do you said when it comes to some of the more beaten up overall names . Are they more of a risky bet . Should we be looking into the smaller caps . Olivia i think insurance is a good play because it is valuation. The risk emerged during the crisis and now looking a lot less because of the fed action. If the fed is looking to buy and support, that is probably good for them, and brings the risk down substantially. I guess there is a big difference between liquidity and solvency. The fed can create liquidity but cant actually force the economy to generate cash flow. There still is a limit to what the fed can do to Keep Companies solvent. Romaine that is a great point, and something that i think gets lost on a lot of people. I am wondering, specifically with your quantitative hat on, as you try to chart the strategy for your team, do you feel you are getting
One of those names we saw was wayfair, of 24 . Today alone, of Something Like 700 . There is a lot of analyst chatter that some countries like wayfair will see lasting gains from this boost they have been getting. Another name also up 7 . Saying the gains in this environment could actually end up lasting. One name that we are keeping an arts, ea, electronic their earnings crossing the wire. The q4 numbers, revenue revenue slightly above the 1. 42. Te of any sort of insight that they can give us into how the world will look for a company like electronic arts. Scarlet if any company could benefit, it would be Something Like electronic arts. ,till with us is olivia engel cio of active quantitative equities at state street global advisors. There is a note out by ubs today, saying that cash on the sidelines has grown to about 4. 7 trillion, of nearly a trillion up nearly a trillion. Do you see any kind of rush to the exits . Do you see anybody cashing out, waiting for the right time to ente
Based in new orleans. Now live floor coverage here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. O lord our god, we are grateful for your marvelous works and power. Keep us from becoming weary in doing what is right, as you remind us about a harvest of blessing is certain. Give strength to our lawmakers and bless them with your peace. We praise you that you are the strength of our lives and we need not fear for the future. As you guid guide our senators h your wisdom create in them a hunger and thirst for righteou righteousness preparing them to be filled with your divine nourishment. Lord, thank you for not withholding blessings from those who walk upright. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it
Connecticut about one of the saddest days of my life, one of the worst days of my public career. When i went to the Elementary School in newtown, connecticut, along with a number of my colleagues who will be speaking today as well Congress Woman este and senator murphy. In the Judiciary Committee just moments ago, senator feinstein circulated a framed copy of the front page of the daily news of wednesday, december, almost to the day. That front page has photographs of the 20 beautiful children who were lost in that unspeakable act of terror and horror. They are 20 wonderful human beings who would be 11 years old today. Their Great Teachers were killed as well. Having valued and known their parents as friends and fellow advocates in the effort to achieve commonsense measures against gun violence, i know how deeply that pain is still felt. The healing is far from over. The grief remains. Prayers and thoughts go every day to the loved ones who lost those children and educators. Prayers an
[ bell tolling ] for the next hour well hear from family members because they want a voice and we want to give it to them, a voice to tell us about their children and how wonderful they were and how special they were and we dont want to focus just on how they died but how they lived and the lives they touched and they touch so many lives. Well hear from the Mcdonald Family that graciously invited me into their home to tell me about their bright and talented 7yearold daughter grace. Graces funeral was today. There were also funerals for olivia and dylan and mary and rachel. We will remember them. Dylan hockley moved here two years ago. He was six years old. A special needs child, they chose this community for the reputation of the sandy hook elementary school. He thrived due in part to his teacher that worked with him oneonone. The hockleys kept a photo of her on their kitchen fridge and dylan would point at it every day. On friday he died in her arms as she tried to shield him with her