The ability for Central Banks to print in excess of what the estimated cost was that was almost the equation from day one so the fact that its a pandemic youve got all this infection youve got factories shut down it does it hasnt shut down the Central Banks of one of the structural bankers like jay powell came down coronavirus that would be different but he is insulated so therefore there will be no end to this rally i might add by the way we are in mexico city so welcome to mexico city this is where we are we were in cannes koon just the last episode were now in mexico city by the way max also performed last night at the big queen embassy here in mexico city you can go to their Facebook Page you can go to twitter look them up big queen embassy in mexico city and youll find his stand up rate there it was amazing they also gave me this big coin necklace made of real mexican. Silver so you know speaking about this bed and the fed printing money so were here having another pandemic around
All right. Good afternoon, everybody. We are all very excited to be here with you on behalf of secretary elaine chao. Our let our panelists introduce themselves in a moment. We want to let you know we appreciate how much you taking the time to be here with you today or to be with us today, youre a critical audience for us, representing the researchers, for advanced transportation, trv is an fantastic event. You tend to be a lot of people that understand what were saying more times than not and hearing from you helps to inform everything were doing. We appreciate everyone who came to the Human Trafficking panel earlier today. With safety being a top priority its something we need to take action on here and now. We look forward to you coming back later today. Well be talking about the secretarys top priority, to engage with these Innovative Technologies to ensure, to foster innovation while ensuring that the publics legitimate concerns over safety, security and privacy are kept on the fo
Kaiser this is the kaiser report well we learned recently that you dont need workers to make the stock market go higher than our learning banks of the coronavirus but you dont need products either you just need money printing wow cool stacey yes because as we have said over and over and over here on kaiser reports bad news is the best news of olive course you would think that a pandemic would hit stock markets and of course there was that those a few headlines saying oh coronavirus are coded 19 this is called technically or medically you know they said well this ought to hit stock markets because its going to hit globalization is going to hit commerce its going to hit trade so every time somebody says this could be bad or do they say oh of course jay pal at the u. S. Federal reserve hes going to cut Interest Rates hes going to flood the market with money the kind of problems that this week but here is the headline coronavirus rally continues s. And p. 500 index at yet another all time
Critical audience for us representing a lot of researchers and thinking that goes into laying the foundation for a lot of advanced technologies. Attend tend to be a wonky or crowd, a lot of people who understand what we are saying and hearing from them helps inform what we are doing great we support this panel today and appreciate everyone and in the Human Trafficking panel earlier today. Human trafficking is a critical issue we all need to take action on now. Well will be talking about the secretarys top priority which will be fostering innovation. While ensuring the publics legitimate concerns over safety and security on the forefront. And the Deputy Assistant secretary for transportation policy. Ive been working on these for three years. At,ything we are looking and very excited about this conversation braden to my left is james owens. I will be in the innovation space its very active space. Ensureole is doing these are in our airspace and to ensure we keep that is innovative as pos
And the temperatures are rising a major heat wave set to hit the majority of the United States over the next few days here we are. Were keeping you calm, cool, collected and informed its friday, july 19th Worldwide Exchange begins right now. Good morning welcome. Im Contessa Brewer in for Brian Sullivan stock futures right now are in the green. Implying an open of up 92 points the s p 500 is up about 6 points the nasdaq futures are up 41 it looks like the nasdaq, the dow, the s p, all on pace to break twoweek win streaks a decent day today could change those fortunes the major averages are less than a percent below theyre alltime record highs the bond market now, lets look at u. S. Treasuries, the twoyear yield at 1. 7 the fiveyear up at 1. 7. The tenyear up above 2 now lets go worldwide in asia, looking at overseas markets. The nikkei is up more than 2 . This is on talk about the fed rate cut and what anticipation lies in store. The hang seng up a percent shanghai up a percent as well