Police say le guen cut through a fence along us create to gain access to the Festival Grounds without going through a metal detector pretty much seconds after he hit the ground. You know, hes 5, 5, people advance the raise act i just saw that gun obviously oh, bringing gore she has 2 daughters who are in his truck about 50 feet away. Police say le guen was armed with an sks Assault Rifle legally purchased in nevada just 3 weeks ago. Witnesses say he stepped out from behind a vineyard stage and started firing towards the food tents along gourmet alley. Anything or anybody fire was followed confusion. And you could just hear right behind my ears you could just hear now they were right behind and it was just nightmare. Police dispatch reveals that the gunman then turned and ran. The shooting started the gunman was dead. And we have Team Coverage tonight of that horrific shooting kron fours Maureen Kelly has more information on the gunman, but first lets turn to our dan kerman who is live
Intervening event would make it just really challenging to distinguish the tax act from the trade barriers, the pandemic, and then the high inflation and thats the challenge. Thanks so much, phil. Thanks, alan, for coming today and well take a 10 minute break and then resume at 10 00. I just want to thank you. [applause] the moderator of the session. Thank you so much for doing that. Thank you so much for having me. Welcome everyone. We desert all the result we should be worried about the deficit, climb above two and a 50 and how basically a massive problem. Talk to a lot of people should come speaking with steve eisen his famous from the big short last week and is said the deficit is been a concern for 30 years, it is never matter. If you want to bet you will be wrong. Heres the market perspective why it matters and why people care. I love the panel, i love these guests, torsten, you do put our charts and want to start with you mapping out from the market view why the deficit matters
New york city who is helping us to h great and educated guide fr teachers speeded you canan finih watching this if you go to our website at cspan. Org. We will live there to take your life to a conference on federal spending and debt. Current debt, which is around 100 of gdp is at a level we havent seen since world war ii and is a growing cause of concern. Tackling this problem presents a variety of challenges. Today were fortunate to have a group of very smart and accomplished people who are going to share their insights. Well get to hear a variety of perspectives. To do this, we have a mix of panels, discussions and speakers. Well hear about the economic and fiscal challenges caused by the debt. The impact of debt on invests and consumers, the roles played by Social Security. Approaches for analysting fiscal policies and finally a discussion of potential policy options. And a number of dimensions of the debt challenge. For our first panel we have two distinguished speakers, arguably
And welcome to power lunch. Im melissa lee. Stocks keep surging. New records for the s p and nasdaq and the usual suspects keep hitting fresh new highs. Corning, electronic arts, nvi nvidia, the list goes on and on. On pace for its best day since march 3rd, snap has traded over 44 million shares today. That is more than double its 30day average volume. One of the key catalysts for had monday, the surge in the price of oil. Crude hitting nearly 50 a barrel. Lets get the latest from the y nyse floor and bob pisani. Reporter and thats the key. The market in the rotation. Lets put up the board. Whats been weak throughout the year is this energy, banks and retail. Whats leading today . Energy, banks, and retail. This is what i talk about this rotation. Consumer discretionary but theyre lagging today. Take a look at sectors in 2017. Yes, tech and Consumer Discretionary but, look, banks and energy have been laggards. Theyre leading. This is why the market keeps holding up near the top. Old st
Well talk about banks and glencore. And the deputy leader of Angela Merkels party. If you have any questions for any of them, you can send them to us by the ib function. Use tv go function and click on ib show functions. Be sure to do that. First of all, this is what the data is telling us. Stocks are dropping on the final day of a good quarter. This is the picture overall for global stocks. It is what i would call a blockbuster quarter. Investors seeing little reason to take shares higher amid a little bit of political and economic uncertainty. We are expecting a News Conference from the finance minister of south africa. I want to show you rand. 1346. 29. The vix index a touch side. Astian south koreas former President Park has been arrested on bribery charges three weeks after she was ousted. A Court Granted the warrant citing concern that park could destroy evidence. Park has denied wrongdoing. U. S. National security adviser Michael Flynn is willing to be interviewed inquiring into