The heroes and congress from Freedom Caucus in the conservative caucus, my good friend up in d. C. Still fighting the fight that were still on china today and im kind of going to go one by one, we have three panels of four u. S. Congressman, were honored to have all of you here today and lets just start off with brian from texas and brian im going to lead off, the other brothers from congress who can hear this in the back room, hello brothers back there and sisters, i hear you in the back room. There all my friends. [laughter] congressman babbitt, the first hurdle is upon which Everything Else depends is the sense of how did china send us this virus, was it intentionally in any respect, was it an accident, we know it came from the wuhan district and it was near a lab but everything hangs on this proposition, we have 40 Million People out of work, we have deaths and suffering in family breakup, bankruptcy is small businesses, disaster in this country, in some sense its caused by china,
Good morning, im in today for Brian Sullivan lets start off with our your money and the Global Markets are shaping up on this monday morning. The dow will be higher by around 90 or some points. Gaining some ground in the past few minutes. You can see the s p higher by 4 points and the nasdaq rarely an underperformer now you can see implied open lower by 16 points now this is coming after solid gains for the major indices last week more on that in one moment here. Turning to the bond market as well, the yield on the benchmark ten year Government Note or just around 56 basis points the two year note yield about 13 basis points and the 30 yearlong bond a hair below 1. 24 or 124 basis points taking a quick look at the price of gold as well, remember, hovering around the record highs. That key one to watch, the last trade there, gold futures up about three quarters of 1 lets go worldwide karen is in london in the newsroom what can you tell us about the trading there. Seeing those u. S. Futu
3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch of Technology Names that have dipped their toe or maybe a couple of legs into media also higher this morning looking at amazon, up 1. 5 , alphabet up a little bit more than that. Netflix itself, which is all in on media, of course, up better than 1 . That trend continues and of course, we have to point at tesla, those shares up about 5 and just look at tesla, up 290 year to date, john, just really striking in the context of Everything Else today. Yeah. Needhams chris wrestler is going to join us
It is the 32nd time this year the nasdaq has set a record close again. This morning, we are looking at a negative picture this morning, you are looking at red ar owes. S p indicated down by about 16 points everybody is waiting to see. At least right now, 10year looks like it is narrowing to 2. 5 jobs friday today. Forecasters will expect payroll to climb 1. 48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10. 6 from 11. 1 from june well take you through 8 30 a. M. When those numbers actually hit. News breaking this morning for those of us in new york city who woke up and thought what just happened. Con edison investigating widespread outages. As an upper westsider, no power there. You lost power . A true black out. We are in 2020, what could go wrong . I looked around and thought, it is so dark what is going on is the nasdaq going to have power. What am i going to do . Here we are middown. You left connecticut to come to
Freemarket economics in judeochristian principles. During this session several members of the House Freedom caucus discussed u. S. China relations and how it impacts their districts. Welcome back to the center. We had an actionpacked day. You are about ready to see the best of the best. These are the heroes in congress from Freedom Caucus and the conservative caucus. My good friends up in d. C. Still fighting the fight, that we are still china today and on going to go one by one. We have three panels of four u. S. Congressman so we are honored to have all of you here today, and lets just start off with brian babin from texas, and bryant, im going to leadoff with the other brothers from congress who can do this in the back room, hello, brothers back there, and sisters. I can hear you in the back room. They are all my friends. Con babbitt, want to ask you all kinds of first hurdle is upon which anything else depends is the sense of how did china send us this virus . Was it intentional in