Ofto see geoffrey yu there bny mellon in our opening. With the new slow out of washington, how to get ready for ferro, do you think the secretary of treasury will be watching mr. Powells press conference . Jonathan i hope they speak before the press conference. These two need to get on the same side. It is not good to wake up ever to see the chairman of the Federal Reserve and treasury secretary on different pages on an Emergency Program that, lets be clear, has really helped keep financial conditions loose at a really tough time for the u. S. Economy. I am surprised, maybe even shocked, that the market is where it is this morning based on the spat between those two individuals. Tom there are distractions in washington, but maybe it was beneath the radar off of president trumps efforts to tolection 2020 lisa move election 2020. It devolves to a market that looks like the fourth week of is taking myferro vacation days. Lisa how do you price the future with a present that is very much dy
Cases, we talk about it every day. We need to im starting, i dont know what youre hearing, im starting to see anecdotal evidence that things are slowing down a bit in the economy. Im getting that too. Im getting people who are saying, i really would want to make a big spend, this is in terms of the big tech spend, for instance, i got to figure out what is going on or when are people coming back, are people ever going to come back . This stay at home versus go back to work, we thought it was resolved, we thought that things it was just a matter of time before you go back to work and those involve big Corporate Capital spending decisions and i think that those decisions are right now on the balance, because people dont know whether this thing is just going to continue to rage. I think we can expect it to continue to rage for the foreseeable future until the vaccine is widely available. There are people people are starting to curb their behavior thats what im referring to, and there are c
Available then the ioc would take these costs and cooperate with the National Olympic committees. The ioc would make every effort to have participants vaccinated even as people prioritize people who are most vulnerable. But competitions including an International Gymnastics meet show large scale events can be held safely even without a vaccine. Earlier in the day,back met the Prime Minister to agree on the symbolic power of the games. We again will make this Olympic Games a great symbol of solidarity and unity of humanity in this world, which by then will hopefully be a postcoronavirus world. Translator were determined to host the games as proof that humankind has defeated the coronavirus pandemic. We also want to show the world that regions affected by the great east japan earthquake are recovering. The ioc president said organizeers are discussing ways to protect both athletes and spectators. Japanese officials are on high alert over a rise in group infections. 130 coronavirus cluste
Order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testifying remotely. We appreciat
Their take later on in the program coming up on biden Family Business. Futures looking for a rebound after yesterdays sharp selloff. Nasdaq up 121 and s p higher by 25. Stocks plummeted wednesday. Nasdaq down 426, 3 and 3 quarters percent and s p down 120 points, 3 and a half there as well. Coronavirus cases spooking investors. This morning we are awaiting thirdquarter fdp that may very well be market mover on the upside. Big tech grilled, contentious battle over allegations of tech censorship and bias as question get Quarterly Earnings today from apple, amazon, alphabet, facebook and twitter all after the bell tonight. Calling out china, my new book the cost all week long, exclusive audience from President Trump about the threat china poses and how to win against it. Mornings with maria coming up right now. I will be speaking with ice cube jackson, working with the Trump Campaign and the president s plan for black america. Dont miss it. Actor scott is big of big censorship. Maria euro