Who outperforms when it comes to the smallcap. Taylor we tech about the theme of the week, theme of the month. Back into gold and further out of dollar weakness. I heard you ask that really smart question about the dollar a few institutional banks trying to question that idea. That, thatr told you the dollar is for now still the reserve currency, at least in his lifetime. Big picture when we talk about flows, that will be one to watch. Romaine lets bring in linda. We are inthis market right now, at least off some of the record highs of the industry . Is this a market you want to buy and hold or do you become more of a trader in this environment . Linda i dont believe that any of us are particularly any good at being traders. It is an unprecedented time we are living in right now. We still have very high unemployment. We would like to have more belief that the virus is under control. I think powell made that comment to us as well, that the virus is going to decide much of this. Bulls on
Good morning. Good morning. Good morning, everyone. As we begin our final day of consideration of the fy21 spending bills, id like to thank you all for your kind words and well wishes and ask you, please, to indulge me in just a few more reflections. I came to congress in 1989, one of just 31 women in the house and senate and to this committee in 1993 alongside only six other women under the 64member panel. This body is better for the 100 women serving in the 116th congress and for the many women in the room today. Its my honor to address the full committee for my final time as the first woman chair. You know, its ironic [applaus [applause] thank you. Its ironic that back in 1993 i had to choose between serving on appropriations or ways and means. I was fortunate to be given that choice. And today, we markup my final appropriation bills in the ways and Means Committee room. I chose appropriations because i believed it was the best place to give more people a better chance at a better l
Good afternoon. I call this meeting of the committee on appropriations to order. Before we begin, house rules now we have set up any mileage us to which members can send anything they wish to submit they wish to submit in writing in any of her hearings or markups. Our hearings or markups. Has been provided to staff. The first order of business is consideration of the energy and Water Development appropriations bill. For fiscal year 2021. Captornow recognize this ms. Captor to present the bill. Please let me also add my you for your honorable and dedicated service to our community and nation and for your recognition of the full potential of this bill. You will truly be missed. I am pleased to consider the energy and water bill today. It is a good bill. A bill that captures the spirit of ingenuity and independence of the American People. Are actually able to provide the most important Climate Change bill congress will pass this year. This bill provides the foundation of critical investme
And Andrew Ross Sorkin well start with the markets this morning as the nasdaq logged another record high nasdaq now on an eightday win streak the longest since december last year watching u. S. Equity futures today. There is a pull back the dow is indicated down 265 appointments s p off by 28 and nasdaq down by 50 the nasdaq has seen its best quarter since 1999 and the dow the best since 1987. Check out the s p, for this quarter, s p is up for its best returns it has seen since 1975 looking at the treasury yields this morning youll see the 10year note yielding 0. 7005. That is kind of our comfort zone pretty comfortable if you need to borrow money for sure. The u. S. Is weighing some new tariffs on experts in this case from france, germany, spain and uk related to the 15year old wto fight over aircraft subsidies. Saying the eu is guilty of unfair subsidies to airbus the u. S. Has been accused of unfair subsidies to boeing, negotiations have been at a stalemate. Andrew thank you, joe in
110 per share the last time i looked. For green on the screen mainland equities. They continue to climb higher. The futures in the u. S. Are flat. We can move it on now. In terms of the dollar, there is some weakness. Trade data out earlier. A bit of a squeeze on the aussie. Concerns about the virus as well in victoria. In terms of the euro, that has been on the tail end. We can move it onto some of the commodities were looking at. This thing in terms of inventories. They have been declining but still concerns about the virus and demands there. Gold is currently at 17. 68. There is the spread that we see. Were are looking at really back termsupport, on pause in of additional stimulus to the economy. Yvonne i was hoping for some type of liquidity or something to reverse that trade. Look at what we are seeing here. The Prime Minister of australia has considered this worse. This is falling in line with what we have seen from other Global Leaders like Boris Johnson who now says nearly 3 mi