I is possible. They also appreciate the chance to bring some ten i ten unseat e Trump Administrations work speed effort. This transparency will be crucial to secure the american Peoples Trust that the vaccine will be made available only once it is proven to be safe and effective. Congress has already taken actions to support these efforts. This spring, congress provided the Vaccine Development and manufacturing of birds and other medical countermeasures. Then two months ago the house passed the heroes act, the comprehensive legislation to strengthen the nations ability to fight the pandemic like altering the Strategic National stockpile and increase funding for Research Development and manufacturing vaccines and treatments. It would also require the administration to get to congress a vaccine plan identifying the activities undertaken to manufacture distributed vaccines safely. The house passed the act more than two months ago and the senate has failed to take it on into the death rate
An important day in washington good morning, everybody. Welcome to squawk alley. This morning john fort has the morning off. The market in a bit of a molding pattern. Earlier this morning we heard from both sides of the isle. The argument is how much is appropriate at this particular juncture as we try to get the company back on its feet and get the country back at a place where it can sustain itself at the earliest it would be this year or early next year. Can we give a huge chunk of money to the people who are disenfranchised . To those that want to sna business so badly and they cant. Who are the most affected because they had the at least chance in our country . That has to be something that both sides can lead to perhaps you mistook them for someone that gives a damn. They dont believe in governance they would require some acts of government to do that. Ilan, well see if we get any more upaddition. Yeah, pelosi said part of the goal here is to get more money in the hands of the pe
Congressman John Robert Lewis at the age of 80. He passed from pancreatic cancer. Long receipt man lewis helped organize the 1963 march on washington and the 1965 Voting Rights match in selma, alabama. He was six main organizers including Martin Luther king junior of the washington march where he gave a speech at the lincoln memorial. Congressman louis often spoke of the importance of getting into good trouble. He represented georgia in the house of representatives from 1987 until his passing. Johnathan capeheart asked representative lewis what he would say to people who feel as though they have already been giving it their all but nothing changes. Lewis answered, you must be able and prepared to give until you cannot give anymore. We must use our time and space on this planet we call earth, to leave it better than we found it and now that need is greater than ever before. He will truly be missed. The San Francisco Unified School District is offering support to teach students from dist
4 10 of 1 . P at one point, it seemed boe was taking rates off the table. We will break down the relationship between monetary and fiscal policy. Rocket ipo listing today. Couldpment on a vaccine upend markets. We just had headlines from President Trump which says a vaccine could come around november 3. Risk, lori, all of a sudden we get a vaccine and we get a shakeout . Sector,u look at tech including internet retail, performance relative to broad s p trading in lockstep with trends in the new virus case count. As we see that level off you have started to see wobbles in the tech trade which is fighting back and maintaining dominance. Rumbling has occurred. Worried we might be in a situation where bad news is good news. Good news on the virus front could be bad news for the market if it causes anchors to fall. Moment that be the would that be a moment you switched in a sustained way in the value trade . Lori the vaccine may equal value temporarily. About peoplecerned trying to make a b
Andrew is out, so i have to find a way to annoy you what you asked for. Your birthday is tomorrow, right . Tomorrow, not today tomorrow. Its friday. Everybody deserves to be embarrassed. Well do it anyway this is the last day youll be 19 23. Exactly. Anyway, lets check out the futures this morning as joe mentioned, youll see the dow down slightly by about 26 points s p down by four s p off by eight getting ready to wrap up another week the dow up by 2. 5 over the last four days. S p is higher. On track for a Third Straight positive week. A little different story for the nasdaq tech has been on an incredible run. Many of those names have pulled back not by a lot nasdaq down by 1. 4 this week. If you are watching it, the index is up nearly 17 for the year thats about 58 above the march 23 low and above the march intradate high we hit on monday. We are continuing to watch that. The 10year is the one we watch so closely it looks like the 10year is sitting at the 0. 604 . The bottom level o