The white house is still there. I think about the wonderful times we had. And 40 miles a week which is a lot. Thinking about the good times that we had and how thankful i am now to have the superb bipartisan support existed in the seventies. Is there republican in the congress or senate that you enjoyed working with that you became friends with . Howard baker from tennessee was a minority leader and was a great personal friend of mine i got wonderful cooperation from the republican side and a minority leader the house of representatives also a great supporter of mine so during the last couple of years i was in the white house so they took away a lot of very liberal democrats with a moderate and conservative democrats and republicans. What about sam nunn . That is very important. He was a young senator then and was my floor leader on some of the key issues applied to nuclear power. He was very knowledgeable about it and working his way up to be chairman later on of the Defense Committee
Baseball is looking at an 80game season starting in july. Football arrives in september. Disney allowed, what, onethird capacity at its shanghai park and it sold out. While lockdowns continue, they are being challenged most notably by elon musk. Wasnt to op he wants to open his tesla plant in california. The Authorities Say no. Hes going to court and says he will move out of state if the factory stays closed. As for the market, that will open lower. Solid gains recently but a pullback so far this morning. The dow is looking at a loss of 270. The s p down about 30. The nasdaq off about 72 points. Lets get to politics. Big week for that. It is trump versus obama. General flynns lawyer says the plot to undermine the Incoming Trump administration was launched in the white house by outgoing president obama. President trump calls it obamagate. Theres a lot more coming on that one, believe me. Its monday morning, may 11th, already, and another big show for you. Varney company is about to begi
An amazing crowd. We had to turn away a good 50 people or more. There is a briefing on u. S. And it is part of a National History center bringing historical perspectives to Current Issues that have confronted congress. It is a political position. It is nonpartisan. It is intended to inform policymakers in public about the sorts of finishes theyre dealing with. I want to give a few thanks to the melon foundation. I also want to thank our assistance jeffrey who is outside of this room for helping make the arrangements. I want to thank the off the of gerry connolly. I want to explain why there was index cards on your seats. We will get questions, answer questions, but we would like you to write those questions on the index cards. So keep them ready and jot down questions when they come to mind. Everyone out there that supports the National Historic center and thank you for coming to the event. We have to get you information about professional organizations like schaffer. Panel rooms are f
Similar percentage moves for the s p 500 and the nasdaq composite as well. The question becomes after the best week for the dow since 1938 last week, the best week for the s p 500 and nasdaq composite, are we starting to see a market bottom play out . Lets start here with our invest Investment Committee joe, what are we seeing here is this a market bottom we can see developing out in the next couple of days and weeks no one knows the answer to whether this is an absolute market bottom. What is going on is theres a significant trading bounce in the market and a lot of it is predicated on the end of month rebalancing we know will occur into equities. Today, very surprising there seems to be a high degree of optimism relative to the expectation were going to get a significant amount of negative news coming this week in the form of ism in the form of unemployment figures and in the form of continued negativity surrounding riding cases of coronavirus here in new york city which is the epice
President trump is set to sign a trade agreement today with china the phase one deal signals a deescalation and a conflict that has pitted the worlds 2 most powerful economies against each other for nearly 2 years so far the United States and snapped errors on 5550000000000. 00 worth of chinese products china in turn has said levies on 185000000000. 00 worth of us goods that amounts to 700 and 35000000000. 00 in total so far these tit for tat tariffs remain in force they cover a wide array of goods the us says the 1st part of the new agreement stipulates that beijing will buy an additional 200000000000. 00 in American Products over a 2 year period includes farm goods in particular now under turn the trumpet ministration has call of you tariffs on chinese made goods Like Electronics and cell phones that were set to take effect by the end of last year it is a major milestone but some of the biggest stumbling blocks still lie ahead. It is a gloomy winter day in shanghai and even the upcom