Unchanged policy. Coming back from the typhoon slower by 116 points. We are talking about hsbc, one of the laggards here, missing out. The largecaps under pressure, 4819 right now. We are looking. When it comes to dollar dynamics, we did see a stronger dollar, which led to a hit. 379 right. 7 now. The china 10 year yield, we just got the pricing on the dollar bonds. Gold taking a retreat. Brent crude Holding Around 42. Tom lets bring you back to the top story in this region. Xi jinping will bring a major policy address later, in the next 20 to 30 minutes or so. Across the border in shenzhen, to talk about an integrated tech corridor to rival silicon valley. Stephen engle is following the story and joins us from hong kong. Steve, what are you looking for in this speech . Stephen i am looking for a better tagline. They are calling this a chinese socialist pilot zone with chinese characteristics. I think the greater bay is the grander scheme. And xily china wants to jinping with a trip so
Unequal distribution of wealth led to the Great Depression. Her class is about 75 minutes. Weve spent the last few weeks considering how americans adapted to abundance between the 1890s and 1920s. Despite the efforts of producers, advertisers, of retailers and of others, the supply of goods continue to outstrip demand. This wasnt because all everyone, all 106 million americans, had everything they needed. It was because they didnt have adequate purchasing power. They didnt have adequate wages or income to buy all of that stuff. And it wasnt just americans who were in this situation, but so too were our trading partners around the world. They didnt have enough income to buy all of the commodities we were producing in our fields and all of the wonderful things that we are our factories were making. So by the end of the 1920s, the American Economy went bust. You guys all know this. You all know that the stock get crashed in 1929. The World Economy went bust as well. A worldwide economic d
Stuff. And it wasnt just americans who were in the situation but so too were our trading partners around the world. They didnt have enough income to buy all the commodities we were producing in our fields and all the wonderful things our factories were making. So by the end of the 1920s the American Economy went bust. You all know the stock market crashed in 1929 and the World Economy went bust as well, a worldwide economic depression set in that lasted between 1929 and wasnt officially over until 1942. What was called the Great Depression could be considered a crisis of abundance. It brought attention to purchasing power and in doing so it ended up politicizing consumption. We talked a lot about how consumer culture rose to be at the very center of american culture. And i keep telling you we need to consider politics, and today is the day we will think about how consumption became plit politicized. So heres a graphic that typifies the usual story that historians tell about the Great D
Leader kevinrity mccarthy spoke to reporters today, answering questions on the possibility of more economic aid in response to the coronavirus pandemic, reauthorization of the federal Surveillance Program and President Trump saying to curtail the power of social Media Companies by executive order. Mr. Mccarthy before i begin this weekly press conference, i want to do something different. I want to spend a few minutes paying tribute to an American Hero that we lost yesterday. You all knew him. Congressman sam johnson. He was a hero in every sense of the word. Sam was a republican member who served in this chamber for 28 years. Before being sworn in, sam had already done to this country than anyone else. You see, sam was an air force pilot and flew missions in korea and vietnam. He was shot down and served in hanoi hilton seven years. 3. 5 of those years was in solitary confinement. He was one of those type of individual it was just an honor to get to know. I want to tell some personal s
Announcer sunday night at 8 00 p. M. Host a discussion on the history of Infectious Disease research. Our professor joins us from hamilton, montana. He serves as the director at the lab. Can you give the viewers an overview of what your scientists do their at hamilton and what the labs role is . The division of Intramural Research of the National Institute of allergy and Infectious Diseases. Which means tony fauci is our boss. He comes out and visits us whenever he can. Usually about once every two years. The lab has been involved in what is called emerging Infectious Disease research for well over 100 years, tracing back to the early 20th century with the identification of Rocky Mountain spotted fever, an important techborn Infectious Disease tickborn Infectious Disease. The lab has focused on Infectious Diseases. In addition to working on the ones which we know about, folks have been looking to see what is the next big Infectious Disease coming down the pipe we can look at. I think t