Briefing with officials on operation warp speed to give an update on the status of a coronavirus vexing. They discussed how a vaccine would be distributed across the authorizede one is for emergency use. This is one hour. Hello, everyone, and thank you so much for joining our weekly operation of warp speed briefing. While we continue to face concerning epidemiological trends across much of the country, we also continue receiving good news through operation warp speed. With modernas announcement on monday, two companies have now filed eua applications with the fda. Out of the three companies that have showed promising data for efficacy in phase 3 trials. On top of that, more owssupported candidates are well on their way in that final phase of Clinical Trials. The fda has now scheduled a meeting of its vaccine Requirement Committee to review the Moderna Vaccine on the 17th following their meeting of the Pfizer Vaccine on december 10th. We also learned this morning that the United Kingdom
But we will be told to proceed with caution and dow closing for the first time in history over 30,000 the question tonight, are we headed yes, thats right, are we heading higher and higher . There are positives. The president ial transition is under way. We have three coronavirus vaccines ready to rock so, is the next 10 move higher and higher or are we headed lower and lower . Well that song, thats a miserable song thats why we chose it. Please dont at me on twitter. In the list of bullish things we talk about, the peaceful transfer of power as being a bullish thing. You would think that would be a given. I find the market took that as a positive today fascinating. I will be the first to say in terms of the Broader Market, i have been dead wrong we have had individuals stocks we have done a good job with Broader Market not so much we are so over it in terms of valuation, euphoria, the things that can go right, not just the head winds out there despite it has bnsecause i been market we
The s p market barely budged but the stunner was the bond market, hitting its highest level since march. Chris called this on the show a couple weeks back. Where are we headed from here . I think we are headed with the yields going up still. What is important about this move, it is not a few days old it is a few months old the trend here is several months old. I think any shortterm pullback in bond yields, that would be an area to be a seller of bond. We think yield can go up from here if you look at the longer term chart, you have to focus on where yields bounce from in 2016 and where they broke down from in 2020. When you look at this move, i think 130, 140 is ultimate lit where this is likely to go thats where the key levels are. I think as bond yields have gone up, the yield has gone up. 80 basis points and i think Equity Leadership changes ri long with that the kre here is starting to break out, not just relative to s p but on its own right the technical is starting to improve her
Vote vote vote vote vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . Hearing none, the yeas are 64, the nays are 24. The nomination is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table, and the president will be immediately notified of the senates action. Mr. Thune madam president . The presiding officer the senator from south dakota. Mr. Thune i ask unanimous consent that the senate proceed to legislative session and be in a period of morning business with senators permitted to speak therein for up to ten minutes each. The presiding officer without objection. Mr. Thune madam president , i have four requests for committees to meet during todays session of the senate. They have a approval of the majority and minority leaders. The presiding officer duly noted. Mr. Thune madam president , before i begin, i want to acknowledge the tremendous news released yesterday that early
Covid surges to its highest level since 2018 disney jumping after hours julia . Better than expected top and bottom line results. Ending the quarter with 73 million subscribers. The company also announcing it will forego its next semiannual dividend and thats due to the cause of coronavirus. Disney shares giving up some of those gains, now about 3. 5 . The ceo saying in the call going on right now, the disney direct to consumer business is its bright spot. The growth of disney plus speaks volumes about the strength of our ip, our unparallel granting franchises and creators, all part of the disney difference that sets us apart from everyone else and when you look across our full suite of streaming services, we have exceeded 120 million paid subscriptions worldwide. Meanwhile, a smaller than expected loss. Losing 2. 4 billion due to covid, but down from the 3. 5 billion. The Company Also Reports that they are reassured by booking trends at Walt Disney World and urging california to allow