It is a tradition, right im trying to advertise this shirt i bought years ago one day a year i get to use it i go year off, year on i have a tie i sometimes do. Tartan, what is the pronunciation we good with hes got the tartan each one means something a family or a clan well make up a story give him a couple of scotches you are an irishman, not a scott, right a quick shout out to dean and the whole crew that put that together, which is awesome every year, it is so fun. Every year. Shall we lets get it going. Why dont we start with the markets. The markets are at alltime highs. The dow closer higher yesterday. All three major averages closing with record closings more on boeing in the show the trading day is shortened so everybody can go out and panic shop and panic wrap. Market closing at 1 00 eastern and the bond market at 2 00 p. M. Eastern. The bond market ever a fraction higher any gain, whatever it is is going to be a new record look at the banner, the nasdaq winning streak now th
Im Carl Quintanilla a busy morning well start with this report out of axios, a 2020 corporate hit list ranked by candidates mentioned on twitter tech heavily represented uber, twitter, alphabet making the top ten. Roger mcnamee is joining us along with casey newton. Good to see you guys roger, we talked about this list and it is probably only going to continue as we get further into the political season we mentioned where the banks are in all of this why is tech getting so much attention . You know, i think that it is very simple. Weve been in a really long bull market weve been in a period of time for maybe 40 years where we deregulated everything and given corporations almost total autonomy and the tech guys have taken advantage of that, even credibly successfully investors have loved it. But at the same time, a lot of harm is being done, being done to public health, democracy, privacy, competition and we have to have more balance in the economy consumers have got to benefit more fro
Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and thats exactly what disrupted this industry was Venture Capital money. Think about it, its been a stable oligothic for a while. Why not surrender to schwab . This makes so much sense now schwab will be the largest asset gatherer, incredible machine. I this i schwabs store, we dont know the ratio, this deal done makes schwab go up a lot more than its up right now. David, lets talk about this deem we got some paypal news as well. Mna is getting a bit spicier as we get to year end yes this would be a
Before i begin i like to take a moment to remember my friend and our chairman, Elijah Cummings who we lost one week ago. Like others on this committee at the pleasure privilege to call elijah at my friend for almost 20 years. We worked the many issues that confronted congress. Mr. Cummings has bequeathed the legacy of Compassionate Service to those families in our society who still struggle to receive the full promise of the american dream. While he had an abiding faith in the goodness and kindness of humankind he was firm in his commitment to use his many talents and his power of position to weighin in behalf of the disenfranchised and reduce the suffering that he saw in this world. Elijah lived his life in a meaningful cause, a cause for justice and liberty and equality for all. We in our nation would be well served to follow his example and spirit had presence here on this committee will be sorely missed. Today we will examine the trump and ministrations decision to draw u. S. Force
The meeting will come to order. This hearing is entitled the Trump Administrations syria policy perspectives from the field mic. Thank you. Before i begin i would like to take a moment to remember my friend and our chairman, elijah cummings, though we lost almost one week ago. Like others on this committee i had the pleasure and privilege to call him my friend for almost 20 years as we worked work on n issues that have confronted congress and our country. Mr. Cummings has bequeathed a legacy of Compassionate Service to those families in our society who still struggle to receive the full promise of the american dream. While we had, he had an abiding faith in the goodness and kindness of humankind, he was firm and his commitment to use hisit many talents, and the powr of his position, to wait in our behalf of the disenfranchised and to reduce p the suffering tt he saw in this world. Elijah lived his life in a meaningful cause, the cause of justice, the cause of liberty, and the cause of