Devastating catastrophic effect. The problem is we to get is much is 15 to 20 percent of our entire gdp. White house Economic Advisor giving a dire warning after hell live warren, finally revealed a huge 52 trilliondollar price tag for her medicare for all plan. Roles are hearing for the first time how she plans to pay for it that went out hiking taxes in the middle class do the numbers add up. We are crunching the numbers for you. Hi everybody, this is bulls and bears, i am david. Joining me on the panel today adam and jackie gary and john burnett. Hilary gone frederick down. Hilary, how lets she do this that went out hitting the middle class. David, that is the question that everybody is wondering. Not everybody is convinced that this plan will ultimately trickle down to the middle class boy essentially, 20 trillion extra in addition to the 30 trillion that is already spent in the Healthcare Industry and she said shell do that by taxing banks and businesses and billionaires. Some of
Merchandise at the market all at once without new money coming in, and we can have a very rude awakening. Its not necessarily easy to see especially on a day like this one. Dow did not keep points,. 08 and nasdaq lost. 95 sometimes the new supply is as invisible. We heard from beyond me, the revolutionary plant based companies that makes faux ha hamburgers, the stock got annihilated, down 22 today. I happen to love beyond meat the company. Ceo ethan browns stands for a clever concept the idea is that cows are a terrible Delivery System for protein, they add fat and cl cholesterol spewing methane all over here right to your plate, not here, the cow and then your plate. Got it beyond meats product is far from perfect but its a legitimate disrupter of the 1. 4 trillion meat industry. Growth is staggering, their sales have more than tripled theyre already turning a profit if beyond meat keeps growing at that pace, you can argue it deserves to be a multibillion Dollar Company and thats the
The other kind of baby i love my kids, but i especially love them now that they are adul adults this market is not an adult. Its a whalie wailing crying in. As it gets its way, its never content. After a day where the averages seesawed up and down, a classic past time for small children with the dow slipping 121 points and s p declining and nasdaq shedding 4. 3 , what does this darn baby want whats the pacifer that will smash your stocks . This is not an ordinary baby its like a bear cub and cant be separated from his mom. There is one thing that could be the stock markets mommy, the larger more important bond market when bond yields go down, the cub cries. [crying] because bond yells are viewed as a sign that the economy is slowing. And for a baby, thats pretty good logic, historically rates go down during a recession it doesnt matter how many times we demonstrate the u. S. Economy is doing just fine doesnt matter if the big retailers and Home Builders and talented ceos say business i
This morning we heard where we are today with cybersecurity. So, you know, my career in cybersecurity started when i joined the National Security agency and the offensive mission set and that gives you a perspective of how to defend against very advanced actors so the point of this panel this morning is to talk about the priorities but with a focus of how we resist attack. Okay . So on our panel today, we have a mix of commercial Sector Companies working with the government and a mix of government folks that are really focused on Important Missions and are critical to the National Security. In my opinion, given my experience i think offense always wins. And with that mindset, i want to take a look at what were doing today and how we can give you all Lessons Learned and some front line knowledge about things to take back to your organization and implement. This gets to the heart of the issue, though. Scaling. We all lots of systems. We are certainly dealing with a scale attack surface a
Taking our stuff. We have a mix of commercial Sector Companies working with the government and a mix of government folks that are focused on Important Missions and critical to our national security. In my opinion and given my experience i think offense always wins. With that mindset i want to look at what we can do today and Lessons Learned and front line knowledge things you can take back to your organization and implement. This gets to the heart of the issue, scaling. We have lolts of systems, we are certainly dealing with a scaled attack surface and dealing with adversaries getting more and more advanced and theyre more and more capable over the past five years. You can see here were focussed on i. T. Modernization, spending 95 billion. We have cyber spending going up close to 10 billion. Is it actually working . And we also have a growing talent gap. With these things, i want to put the panelists on the spot early this morning and kick it off. Everybody in two to five sentences or