Chief of staff. Now, live coverage of the u. S. Senate. Vice president under the previous order, the senate will consider the following nomination. The clerk nomination, general charles q. Brown, jr. , to be chief of staff and general of the United States air force. The Vice President under the previous order, the question occurs on the nomination. Is there a sufficient second . It appears there is a sufficient second. The clerk will call the roll. Vote vote vote the Vice President are there any senators wishing to vote or to change their vote . If not, on this vote, the yeas are 98, the nays are zero. And the historic nomination of general charles q. Brown, jr. As the United States air force chief of staff is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. Mr. Alexander madam president . The presiding officer the senator from tennessee. Mr. Alexander thank you
Thats unbelievable. Bob has more on whats driving the action bob. Thank you were seeing some rotation today. Its about time and thats a really good sign for the market. Well see if that holds. These things come and day. The banks have been drooping a bit. Nn energy, first rally really in a month. Tech is sort of inline today thats interesting i want to show you something health care is lagging nap was the Leadership Group this the the rotation im talking about. How about tech tech is up its an interesting form of tech its Old School Tech hewlettpackard is up nice today. Xerox is rallying. Corning is rallying. Thats old school stuff. Hoe about the megacap stocks the big five names theyre up i want to point out, they were very late to the party today those stocks were all flat at the open a lot of people are offsides today. Look at the estimates out there. Theres been some conneequity ad mutual funds that tells you a lot of people are not very optimistic. 2939 that was the old high at te
120 reports are in, but next week is the big week for earnings reports. Yearoveryear Earnings Growth is down 17. 6 right now as we stand. The s p before today was down 13. 4 this year. He did make back some of that ground lost, but we will see what comes our way next week. The 10 year yield has been in its range as well. We have crude limits high for the week, but nevertheless, up and helping to send Oil Companies higher. Down 0. 4 , but still around 17. 25 an ounce. Lets get back to what is happening with italian bond yields and european bonds more broadly. Italian bonds catching a bid today. Are tightening up in germany as well, despite the fact that we have an s p rating review this evening and eu leaders essentially failed to reach a significant conclusion regarding funding, how they are going to fund europes economic recovery, and yesterdays video call. Are we overestimating the risk when it comes to italy and btps . Lets get a sense of where we are at the european economy. Peter
Can i get everybodys attention . Thank you for putting up with me one more time. I think it will just can i get everybodys attention . It is my great privilege to introduce the senator from new york, senator schumer. [ applause ] thank you very much, eric. And thank all of you, those in government and out, who are working on these issues, which are so important to both the National Security of our country and to the future economy of our country as well, the two sort of combined. And so i thank you for the commission for the good work it has done. I want to thank eric and bob schmidt for getting me to speak here. When congress set up the commission, i couldnt think of two better folks to lead it, and so i very much appreciate that, because this is one of the issues that is probably the most important facing us, if you looked at the ratio of how much attention this issue gets in terms of what government should be doing, as opposed to its importance, its one of the lowest ratios that the
Resigning after a spy probe. And we are getting a read of how much people are planning to spend on the holidays this year. The internet has changed everything Worldwide Exchange begins right now. Good morning, good afternoon, good evening welcome. Im Brian Sullivan welcome to the Fourth Quarter. The first three months have been an adventure of a lifetime the s p 500 jumping 19 in nine months that is the best performance for the first three quarters of the year since back to 1997. The First Time Since then that the total returns was more than 20 for the first three quarters of the year, going back to 1997. We meleer right on to that futures up 92 indicating more gains ahead. At the end of the show today, we always do the rbi, random but interesting. We are not going to do that today. Call it an entire hour of rbi. We are going to show you starts of the run and bonds have been a stand out as well. Bonds have gone up considerably. Yields have come down. Weve come up but we are still at 1.