Name, city and state, or you can orto twitter, cspanwj, facebook. Com cspan. I want to begin with governor governoromo, them of new york yesterday, he talked about working with other states to help find and confine those with the virus. [video clip] 25 , 30 of the workforce that comes into new york city comes from outside new york city to work. Who is supposed to trace me, westchester or new york . If i turn up positive, yeah, my residence in his is in Westchester County but i worked in new york city and i would have contacted many more people in new york city than i did in westchester. City,ork in new york thats when contacting people. I workedn suffolk, but in new york city. Im a Police Officer who has a work in rockland, but i new york city. Im a firefighter that lives in rockland but i work in new york city. I live in new jersey but i work new york city. I live in the city, but i work in connecticut. Right . These interconnections, if you are going to do these tracing operations, y
Harrington is the ceo and Portfolio Management at Gilman Hill Asset management, rob sechman is one of forbes top 100 Financial Advisers and rich sapperstein is back. He, as well, a top Financial Adviser, barrons, in the top 100 there. Lets get to the board, show you where we were currently trading. Pretty much highs of the day 550 for the dow, 2. 25 , 24,646 s p 500 trying to push towards 3,000, a gain of 2. 5 today, a gain of 73 points. Nasdaq, the outperformer of the majors at 3 , and theres the russell, which is having a good day as well, with a nearly 5 gain some 61 points there dow going for its best month since 87. The question is what all of this means for the coming days, weeks, and months ahead. Joe, im going to go to you first. You look at the drivers today, i mentioned the gilead news, and that is clearly overshadowing what was a dreadful gdp number fauci now is talking about the clearcut positive effects of this remdesivir trial. Boeings calhoun, the ceo saying the thaw is
Efforts to combat the Opioid Epidemic. Public Health Officials from five states testified on prescription take backs, needle exchanges, and access to opioid overdose drugs. Subcommittee of oversight investigations is holding a hearing entitled a Public Health emergency, state efforts to curb the Opioid Crisis. The purpose of todays hearing is to examine state efforts and successes addressing the Opioid Epidemic as well as opportunities for future support. Just to let everyone know, the reason were getting a little late, the plane was delayed but now dr. Scott is on her way. So, we will swear in the witnesses when we get to that point. If we have to do that one later, we will. The chairman will now recognize herself for an Opening Statement. As i said, today, the committee continues this bipartisan efforts to combat the Opioid Crisis. As we know, the countrys in the midst of an epidemic unlike any in recent history. According to the centers for Disease Control and prevention, from 1999
Making money. So the dow retreating here, crossed the 29,000 mark for if first time ever, pulling back just a little bit. The other indices are higher this as the jobs report coming in with some positive reinforcements i think about our booming economy. Here though to help me break it down is Phil Blancato and also brian wesbury. The jobs report, brian, your overall theme for that and what it means going into the new year. 144 is weaker than last months 266. We had a few minor downward revisions, but anywhere from, you know, around 150 to 200,000 is enough to keep the Unemployment Rate down. This year the feds not going to be raising rates. The tax cuts and deregulation are still kicking in. Profit margins are high because Technology Keeps reducing the cost of delivering goods and services, and when you put that all in the bucket, i think this economy not only accelerates this year, it is not going to grow 4 . But earnings are going to go up 10 to 12 percent, and that means the stock m
Voter discrimination. Todays hearing on evidence of current and ongoing voting discrimination is part of the series of hearings of the house judiciary subcommittee on constitution several rights and liberties, for this year. The current need for reinvigoration of the preclearance requirement of the section five of the Voting Rights act. To consider other ways to strengthen the civil rights. Im not sure why we say reinvigoration. That seems to be one of the words we toss around. Its not really reinvigoration. Its degradation. Section four was cut out so we need to have a section for to activate section five. Section five is made dormant because of the Supreme Court staying section four wasnt adequate. So we need to find a new section. Awaken the dormant power of section five. Its widely considered the effective civil rights statute ever enacted on congress. Enormously successful and expanding federal authority to present protect the fundamental right to vote. When the central enforcemen