Charles all right, folks, got to tell you, its strange, right . Since august 6th, this market has done a complete flipflop. The script has been flip. Coming in todays session the stocks with the biggest share prices were down the most. Those with the lowest share prices are up the most. Another way to look at it, stocks with the largest market caps have underperformed. Those with the lowest market caps have up 7 Percentage Points in comparisons. Companies with high dividend yields theyre rocking compared with those who are the lowest dividend yields. From march 6th, august 23rd, have now been underperforming the biggest laggards. To mash all this out, katheryne rooney vera along with Bahnsen Group cio, david bahnsen. Let me start with you, david, the complete flipflop, they were talking about it, there were hints it would happen. Were in the midst of that right now. It seems to be. It will be interesting to see how long it lasts. Both the energy names, high dividend names and some of t
Procedural vote will take place this morning on the nominee. The confirmation vote later this afternoon. And the negotiations are continuing on a coronavirus aid package. Live coverage now here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate with prayer. The chaplain let us pray. O god our shield, we rejoice in the gift of your salvation. Look with favor upon our senators today, delivering them from fear and guiding them around the obstacles that hinder their progress. Lord, unite them for the common good of this great land. Lord, manifest your purposes to them, making clear your plans and guiding them with your love. Give them the wisdom to have confidence in your power, as you inspire them to use their talents as instruments of liberation and healing. Almighty god, have compassion upon our nation and world. We pray in your holy name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge a
Mr. Cassidy madam president . The presiding officer the senator from from louisiana. Mr. Cassidy madam president , i rise to address the issues i rise to address the issues matter president arise to address the issues regarding the covid crisis. It is a Public Health crisis leading to an economicsi crisis and in turn an educational crisis. Today i will speak of an aspect of the crisis specifically state and local government which had to shut down the economy and in turn lose the tax revenues they would receive and because they have lost the tax revenue of jobs and firefighters and Police Officers, teachers , sanitation workers and other essential frontline workers at risk. I will proceed they have unveiled a proposal for a support American Families and Small Businesses as a nation continues to combat the covid19 pandemic it is an unprecedented challenge but we lsshall overcome. The introduction of this proposal signals a republicans commitment to see america through the challenging tim
[roll call] is commissioner safai present at this meeting . [roll call] we have a quorum. Thank you, madam secretary. Motion is awarded to vote whether to disclose discussions held in the San Francisco administrative code section 67. 1a. At this time i make a motion. Motion not disclosed. Ill second this. Moved and seconded. We will take Public Comment at this time. Madam secretary. Please open the phone lines. Members of the public who wish to provide Public Comment on this item should call 408 4189388. Access code 1467135208. Press pound and press pound again. If you havent already done so, please dial star 3 to lineup to speak. A system prompt will indicate you have raised your hand. Please wait until the system indicates you have been unmuted and you may begin your comments. Please state your name and make your comment. You will have the standard two minutes to provide your comments. Please let us know if there are any callers. Madam secretary, there are no callers. Thank you. Hear
Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. And the nba tipping off today, players taking to court in bubble at disney world with empty stands, we will check it out. The ceo of fanduel is here on how the virus is impact