That may not be so easy. The s p 500 down 0. 5 . Chip stocks playing a part, which has the nasdaq down even more than that. 10 year yield bouncing up a basis point 02. 2. 01 earlier. Apple got a downgrade at , now with sell ratings at five analysts. Lira moving since resident erdogan this mist the Turkish Central Bank governor. Guy we are going to talk about that later on. Lets talk now about the Deutsche Bank story. Christian sewings plans for Deutsche Bank, the ceo says the company is going to return to its roots. It is going to exit its equity trading business to contribute to the banks workforce being slashed by 1 5. The Market Reaction today, shares falling in frankfurt come the some analysts saying targets of the plan will be hard to achieve. The company cfo had. O say sonali basak joins us now. Deutsche bank wants to return to its core, but getting there is going to be a difficult journey. Sonali even with the execution risk we are seeing here, the goal is i 2022, 8 return on ta
And members will recess today from 12 30 to 2 15 eastern and we do hope to bring you leadership briefings and hear more about the plans for the senate. Live coverage. U. S. Senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal god, we fix our minds on you, the author and perfecter of our faith. Remind our lawmakers that a heavenly focus brings joy. Give them the wisdom to see that those who have done the most good in this present world often have thought most about the world to come. May our senators permit the diligent focus of their hearts on heaven to preserve the vigor of their work on earth. May your kingdom come. May your will be done on earth even as it is done in heaven. We pray in your strong name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties