They know nothing after a day where the nasdaq climbed. 30 , although we were much higher most of the day, this feels like one of the moments where the bulls are trying to have it both ways on a bunch of key issues. Thats not good. Some things are mutually exclusive. Today was a goodlooking day that was actually quite ugly yes, the inside didnt lock like the outside. And you know i dont think you should judge a book by its cover. I know hope springs eternal. But today we saw too much hope too much hope springing eternal. And some of these hopes simply cant be reconciled. So they wont work in the end. What do i mean you cant have the bank stocks keep going up while the financial tech stocks also go up its either one or the other, because Portfolio Managers only go all in on fintech when theyre scared to own the banks. You shouldnt have a rally in old tech coupled with a rally in new tech that doesnt work. They tend to trade in opposite directions today you had the soft goods stocks runn
This is what i am looking at. Most in europe give us the action today. Chinese exports seemed to be underscoring the resilience of the global recovery. We are also looking at crude, claiming climbing above 51 and record climbing above 51 a barrel. Bitcoin at a record. Lets get to the bloomberg first word news. Nejra European Central Bank Officials are considering cutting monthly bond buying by a half, starting in january. The program may be kept active for at least nine months. They said reducing quantitive easing for 30 230 billion euros a month is a feasible 30 billion euros a month is a feasible option. The president of the atlanta fed sees says he is not sure the fomc will raise rates in december. This quantifies a strengthening inflation. I think there is much more to learn about what is happening in terms of inflation dynamic. I would say that inflation is starting to pick up. Chinas overseas shipments rose from a year earlier, narrowly missing estimates. Imports rose. That resul
Cspan is your unfiltered view of government funded by these Television Companies and more including comcast. You think this is just a Community Center . It is more than that. Comcast is creating wifi enabled left for students for low inme families to get what they need to be ready for anything. Comcast support cspan is a Public Service along with these other Television Providers giving you a front row seat to democracy. Financial regulators testify on oversight of the Banking System including crypto currency market. This hearing occurred after the recent collapse of the Crypto Currency Exchange ftx. The topics discussed include the impact of the economy on Banking Systems, lending in native, Rural Communities and banking reform. Senate committee will come to order. Welcome to the witnesses and committee members, most americans want the same thing, a safe, affordable place to call home, a strong, stable government they can trust, Democratic Institutions are only as strong as the people
Affordable internet so homework can be just homework. Cox, connect to compete. Cox, along with these other television providers, giving a frontrow seat to democracy. Next, testimony on oversight of the Banking System and the cryptocurrency market held in the wake of the recent collapse of the krips exchange f. T. X. Other topics include the impact of the economy on Banking Systems, lending in rural, native, and minority communities, and banking reform. This is two hours and 10 minutes. Senator brown the Senate Committee on banking, housing, urban affairs will come to order. Welcome to the witnesses and committee members. We know that most americans want the same things, a safe, affordable place to call home a good paying job. A strong stable government which they can trust. Our Democratic Institutions are only as strong as the people who empower them. Our economy works best when we have a free and fair democracy in which everyone can live lives with dignity for too long. Many of these
[inaudible conversations] [inaudible conversations] Senate Committee on banking, housing, and urban affairs will come to order. Welcome to the witnesses and committee members. We know most americans want the same thing, a safe and affordable place to go home, a good paying job, a strong stable government which they can trust. Our Democratic Institutions are only as strong as a people who are in power. Our economy works best when you have a free and fair democracy in which everyone can live lives with dignity. For too long many of these have felt out of reach working family struggled to pay for groceries to keep yes in a car to keep a roof over their heads in the cost of living and raising kids continues to rise. Democrats are listening and have delivered for the American People. We passed legislation to lower Prescription Drug costs. We help families stay in homes during the height of the pandemic. We made investments in Public Transit in our nations of a structure. For the first time