Listen live on the cspan radio app. Cspan has a 40year commitment to televising the house. Todays session is about to begin. Live now to the house floor on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Almighty god, we give you thanks for giving us another day. Bless all members with wisdom and good measure, pressed down, shaken together and running over , that the legacy of great legislators of our history might be carried on with integrity for the benefit of all. In the proceedings of this day, may all members be impelled by the spirit to perform as their best selfs, mindful of the great responsibility they have to remain faithful to the constitution which guarantees all of our security as americans. May all that is done in the peoples house be for your greater horn and glory. Amen. The eaker pro tempore chair has examined the journal of the last days proceedings and announces to the
Balloons increasing 26 to just a little less than 1 trillion. Joining us for the hour is chris verona, Strategas Research partners here we are, we can see it, we can taste it, a new record high and everyone is really calm around hiere. The lack of euphoria is telling. Theres this great divide between perception and reality what are the headlines impeachment, recession, china, pmi under 50 but the reality is, signs of cylicality are starting to show up in every corner of the globe. You see it with semis and with trucking stocks, german dax is at a 52week high, the banks are acting better. I think the tone of the market is so different than what the tone of the front page of the paper says every day and i think thats bullish great to have chris with us for the whole first hour of the show, particularly given that we might have that record alltime closing high for the s p 500 the key level to keep an eye on, by the way, 3025. 9. We are at 3022 at the moment lets focus in on the big storie
Remains solid. Joining us for the hour is stephanie link what do you think the theme is here we started the day up almost triple digits on the day then loss were down triple digits now were somewhere in the middle crazy with earnings nonstop. The theme today is the shift right back to growth from value. Thanks to paypal, thanks to microsoft, thanks to service now, and value is under performing because i think its all about 3m and what they said. Weak china, weaken you a, to no green shoots after yesterday where caterpillar gave us some hope and boeing gave us hope today took it all back some commentary from the industrials so far, honeywell last week as well, some of the commentary has been a little bit better around china so i wonder how much of this you think is 3m specific and where their end markets are focused versus the broader sector especially in electronics i do think they have high variable costs at 3m so they have some Company Specific issues. They didnt take production down
The presiding officer the senator from louisiana. Kennedys mr. Kennedy thank you, madam president. I want to talk for a few moments this morning about money, 5g and radio waves. Mr. Kennedy a radio wave is nothing more than electromagnetic radiation moving through the air. Thats all a radio wave is. Think of it as a imagine a pond, and think of a radio wave as a ripple or wave in that pond. The wave goes like this and has a peak and a valley and peak and a valley, and eventually it gets shorter and shorter. Thats what a radio wave is. And there are different kind of radio waves. I dont know how many, but a bunch. And they are, theyre differentiated by the length of the peak and the valley. Remember, radio waves doing this. As it goes to the top and comes to the bottom, thats called a cycle. And frequency, youve heard that term before. Frequency is nothing more than how many cycles a radio wave goes through in one second. So we have out there we cant see them, theyre invisible, but thou
As always, well take your calls and you can join the conversation on facebook and twitter as well. Washington journal is next. Good morning, its monday, october seventh, 2019. The house and senate are on recess but if peter and inquiry continues this week with hearings in the house intelligence and Foreign Affairs committee. President trump is set to hold to bring Major Campaign rallies this week in minnesota and louisiana. And this morning we will begin by asking for your thoughts about what it means for the country to go through the president ial impeachment. What lessons should be learned from the efforts to impeach residents in and clinton. Phone lines set up differently this morning. If you lived through the nixon impeachment, you can call in at 202 7488000. If you lived through the clinton impeachment, 202 7488001. All others can call in at 202 7488002. You can send us a text message this morning. If you do so, please include your name and where you are from. Thats 202 7488002 th