Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be the first thing euphoria, a lot less doubt in the market i h
The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Majestic god, your name fills the earth. In spite of our challenges, you continue to rule with your love, wisdom, and power. Grant that our lawmakers may not forget the many dangers, toils, and snares that you have already brought our nation through. Lord, give our senators the wisdom to know that you continue to direct the steps of the faithful and that we have nothing to fear. Spirit of god, arise within our hearts and prepare us for the task of this day. Surprise us again with your ability to transform dark yesterdays into bright tomorrows doing for us more than we can ask or imagine. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of allegiance i pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty
I agree with what my fellow commissioners have said. I think that during the time im here the staffs work has given me no doubt that if given discretiona discretionary power, you would [ indiscernible ] from anything the commission intended. I think for the investigation unit, the two driving principles have always been the public trust and transparency. So as long as it is guided by those two, whatever actions you take are then the public will understand. And at the same time, when you look at the enforcement efforts, its largely serving to deter future ill activities. Sometimes when people look at these cases that have gone on for five, six, ten years and with nothing happening, it doesnt give the public much trust. So i think that it is really important to look at the cases you take. And the second thing is there are other cases that come to you that may not fit into the clearly defined areas that we would like to support. Maybe those are innocent cases that may expose some deficien
Me no doubt that if given discretiona discretionary power, you would [ indiscernible ] from anything the commission intended. I think for the investigation unit, the two driving principles have always been the public trust and transparency. So as long as it is guided by those two, whatever actions you take are then the public will understand. And at the same time, when you look at the enforcement efforts, its largely serving to deter future ill activities. Sometimes when people look at these cases that have gone on for five, six, ten years and with nothing happening, it doesnt give the public much trust. So i think that it is really important to look at the cases you take. And the second thing is there are other cases that come to you that may not fit into the clearly defined areas that we would like to support. Maybe those are innocent cases that may expose some deficiencies that we should look at so that we can look at policies to close the loopholes. So they may not fit into the rea
Me no doubt that if given discretiona discretionary power, you would [ indiscernible ] from anything the commission intended. I think for the investigation unit, the two driving principles have always been the public trust and transparency. So as long as it is guided by those two, whatever actions you take are then the public will understand. And at the same time, when you look at the enforcement efforts, its largely serving to deter future ill activities. Sometimes when people look at these cases that have gone on for five, six, ten years and with nothing happening, it doesnt give the public much trust. So i think that it is really important to look at the cases you take. And the second thing is there are other cases that come to you that may not fit into the clearly defined areas that we would like to support. Maybe those are innocent cases that may expose some deficiencies that we should look at so that we can look at policies to close the loopholes. So they may not fit into the rea