Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
The faang index down 1. 7 . If you can believe it, from the low in march to the recent high, the faang index up more than 100 . We are seeing healthy consolidation. The question is whether or not there is more to go. If yes, there could be big pressure on the indexes. David i can believe it because i read it in your note. Big tech is one thing. It has gone up a long way, but can it come down without taking the rest of the equities down with us down with it . Abigail very difficult. The reason100, and we have the underperformance toward that index down more than ing 40 of its weight goes to the big tech names. We have chinese stocks week for the third day in a row. Over last month that new york faang index and the big tech stayathome names tracking exactly with the shanghai composite, which you could call a mini bubble. It appears to be bursting. If that is the case, there could be more pain ahead, not just for u. S. Big tech but the overall indexes for the reason youre talking about. T
Sends a very clear message on behalf of the british people those with blood on their hands the thugs of despots the henchmen of dictators who will not be free to once into this country to buy a property on the kings or a kings right to do their Christmas Shopping in knightsbridge or frankly to siphon dirty money through british banks rather Financial Institutions the new regime of sanctions targets 49 individuals and organizations from russia saudi arabia me and ma and north korea designed to encourage better behavior. The sanctions talk at those at the heart of Russias Interior Ministry such as a leg to chang call accused of being responsible for the death of a magnitsky the russian lawyer arrested after alleging that russian officials were involved in large scale tax fraud and who died in prison also sanctioned all those who were involved in the killing of Jamal Khashoggi including Saeed Abdullah al qahtani a senior advisors of the crown Prince Mohammed bin sajjan and the senior offi
What does it take to make films that truly matter to these emerging filmmakers questions drives their work. Back in february some 250. 00 of them gathered at the International Film festival as part of the any talents program. Barbara encountered only weeks before travel shut down. 3 filmmakers. 3 women whose craft is an integral part of their lives. In the red sea of germany is interested in people whove been left behind for me its always most important to create a really close relationship with the people. Embraces creator freedom and rejects boundaries raises eyebrows in israel where she lives i dont know maybe i mean but. These of land has no i dont think it has any meaning. Is a director who lives and works in afghanistan. To stop the times the law the life is not the way that you want but in films we have this polloi to make the life the way that we want and this is beautiful if. We turn 1st to lorenzi against a documentary filmmaker interested in societys outsiders and the storie
This rally but also this volatility. Taylor you have been nailing this because we should have had a clue. Gold has been higher all day long and you were on top of that in the past few weeks. Romaine base metals up, too. Copper up 2. 5 in london earlier today. With regards to some of the positive stories. Pepsi did manage to finish the day higher, largely i presume on the back of that she does mac cheese. s mac cheese. Senior, avoid a Portfolio Manager and Asset Allocation head. Apologies for some of the technical difficulties. Lets talk about the earnings season, your general expectations, and whether valuations are in sync with that. Earningsms of startingons, you are to see revisions start to climb. The market is really looking towards 2021. On isg thing to focus central bank liquidity. That drives asset prices. When the economy is acting below potential and the quiddity is being pumped in, it tends to drive up asset prices. One thing we are watching very carefully is the growth rate