Tips, and more information at our website. Former fbi director james comey recently testified on the republican led review of the fbis handling of the russia investigation. [gavel] graham good morning, everyone. We will get started with of the the hearing. I want to thank mr. James comey, the former director of the fbi, for appearing today before the committee to talk with us about crossfire hurricane and anything else the committee would like to speak with him about. So, to give a little brief introduction of why we are here and what we are trying to accomplish, the Foreign Intelligence Surveillance Act is a tool that has been around for a very long time for our Intelligence Community, the fbi, to make sure when Foreign Agents, terrorists, or agents of a Foreign Government are in our country, they can be surveilled if they are doing things that are threatening to the National Security. Government are in our country, they can be surveilled if theyre doing things that i think this legis
And maybe some headlines on stimulus before then hit a bit of a dip here dow down 150 or so. The nfl confirms covid cases among players and nonplayers with the Tennessee Titans. And governor comeau saying theyre now up 3 . We might start to talk about schools closing. Meanwhile valuations is where we will begin this morning as investors try to interpret data. The price to earnings ratio of a nasdaq 100 of the last ten years, the pe ratio, it is doubled and it is at that alltime high. As you see up there above 30 it was at around 15 to 18. 40 of that index is made up of just the five biggest tech stocks so here is the question. Are stock prices in big tech stretched to a point where the value wakes no longer makes sen. We have the editor and chief of the verge joining us we have not seen valuations among the biggest stretched to this point in a long time. I kaech hearing this whole peer group value thing, but what if theyre all out of whack yeah, i think that is a big question why would
Storm threatening the gulf coast. And on the campaign trail, Vice President pence and Kamala Harris facing off in their first and only debate, the highlights next on this thursday, october 8, and this is worldwide exchange. Who is playing asia . Yes, spin eoff. They always surprise me with the music. I would fall from grace anyway, good morning, good ev afternoon. Welcome from wherever in the world that you are watching. Thanks for joining us. And weve almost made it, folks. Stock markets may make you money today. The dow coming off its best day since midjuly with a more than 500 point gain on the dow. The s p and nasdaq also coming off more than 1 gains and other good signs it is the transports gaining another 2. 5 yesterday, an alltime record high and overall, the dow is less than 5 from its alltime high, s p about 6 to go and nasdaq also about 6 from its record high as we claw back from those market declines a couple months ago. Around the world, stocks in asia hitting one month hig
From apple yesterday plus, jim, fedex and adobe to kick around from last night. Wow i mean, these were congratulations gentlemen and ladies calls because the numbers were so unbelievably good, much better than people expected. Now, this is rather amazing, carl why . Because there were firms that upgraded and pushed and raised numbers for weeks and yet they were dramatically exceeded, fedex because of e com, 96 of the growth is e com and adobe because its how companies are able to digitize quickly, particularly retailers, in order to be able to take advantage of this this amazing wave, this amazing boom of ecommerce to the home because of the pandemic so how can there be such a structural thematically strong story behind ecommerce and packages and growth and the targets that fdx has pulled forward by years and all the good news today on vaccines and therapeutics well, i think whats really convincing here with fedex is that theyre talking about how theres actually a weak economy in the S
Pray for you when they know that thats not so. The bible tells us weeping may endure for a night but joy cometh in the morning. We need top lean on one another, lift one another up. But we had tremendous success on the apprentice. And when i ran for president , i had to leave the show. And they hired a big, big movie star, arnold schwarzenegger, to take my place. May god bless you all. A different time. Very different. You know it reminds me of a bible verse. I googled it while i was watching that. Matthew 7 1520. Where are false prophets which come to you in sheeps clothing but inwardly they are wolves. Ye shall know them by their fruits. Willie, you know, ive been to that Prayer Breakfast, know the people who run it. Saw what donald trump, through the years, talking about the apprentice. Himself. Talking about himself, Attacking Political again, know them by their fruits. It is the antithesis of everything that you see in red letters when you read through the gospel of jesus christ.