It ok because i hear more and more top read more and more about a cave recovery and that is that in michigan a defeat in my in my opinion because it means the if you have the k. Its the the leg of the k. Youve given up on ok because the other part. Of the economy its true because its that in their benefit here i really worry when people talk about new normals and when they talk about the economy youre my friend well who has become normal since 2008 has been completely different from the old normal people have the normal youre go back to a balance but really the economy hasnt grown at all since the 2008 crisis all of the growth in g. D. P. All of the growth in wealth has accrued to the Financial Sector to the real estate sector to the one percent for the 99 percent oh theyve gone down and down and down so the new normal is you cant get rich again by hanging out. And joining the middle class like you goes through the new normal has all of the year increase in wages in service in rents an
Good morning, welcome back to squawk box right here on cnbc this morning. Im Andrew Ross Sorkin along with joe kernen and kelly evans. Becky is off today lets show you where futures stand at this hour maybe 12, 15 hours after President Trump returning to the white house. The dow looks like it would open down marginally about 63 points off, nasdaq off about 83 s p 500 off about 15 points. Lets also show you treasury yields as we speak, well show you the ten year yield right now, you are looking at 0. 763. Meanwhile ill pass it over to kelly. Thanks for joining us this morning. And youve got the news on President Trump. And before we get to that, joe, we were just joking about, you know, you and me we could banter and we were in studio and andrew wasnt and now, you know, were all no, you are in studio still im still here. Ive been here since april and i like it here there is no delay. Is that are you wearing orange or that red i think that were in sync sort of yeah, it was an orangey red
Dow industrials up 12 points, s p higher by 4 and a quarter. We are standing by for earnings for verizon and abbott labs. Tuesday session finished in the green. Dow industrials up 113 points at the close yesterday, nasdaq up 37 and s p higher by 16. Council economic adviser chairman is here along with white house chief of staff mark meadows this morning to talk about the latest on stimulus and a lot more, dont miss it. Numbers keep ongoing on the downside to the airlines. When will we see International Travel once again. Schools reeling from the pandemic, a group to end the School Shutdown and romantic dinner making a buzz this morning. Mornings with maria is live right now. Maria european markets look like this. The dax index in germany lower by 79. In asia markets are mostly higher. Top stories that we are watching this morning. Laptop reportedly belonging to hunter biden now in the hands of the fbi according to fox news. The agency also confirming what director of National Intellige
Forced labor disclosure act of 2020. Important legislation introduced by representative wexton, a valued member of the committee on Financial Services. Group urs are a muslim and are one of a member of muslim groups that are persecuted, arbitrarily arrested, detained in forced labor concentration camps and even executed. It has been reported by human rights advocates that over one Million People are being held by the Chinese Government in detention camps across the uighur autonomous region. The government of the peoples republic of china falsely refers to these concentration camps as vocational camps or reeducation camps. Make no mistake, the truth is that today in 2020 one million human beings are being held in concentration tramp camps where they are beaten, starves and starved and forced to work long hours in conditions that can only be described as inhumane. Their relatives often have no idea where they are or whether they are alive. They are dying each day due to the cruelty of th
Uighur muslims. Also today possible work on a covid19 aid bill. Live house coverage here on cspan. The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. God of the universe, father to us all, we give you thanks forgiving us another day for giving us another day. During these days, these few days before the house breaks for the final weeks of the campaign, send us your spirit of peace. Inspire the members to complete their charge, to promote the common good of our nation. Comfort those who continue to suffer from the coronavirus and protect those who labor still to treat the disease and bring an effective vaccine to the world. May all that is done this day be for your greater honor and glory. Men. The speaker pursuant to section 4 of House Resolution 967, the journal of the last days proceedings is approved. The pledge of allegiance will be led by the gentleman from virginia, mr. Cline. Mr. Cline i pledge allegian