Thank you for joining me for covid19 and a responsible rx supply chain, a look at the prescription chain during a global pandemic. Id like to thank our sponsor the Health Distribution alliance for support of todays program. The pandemic has upended our lives and forced a new normal upon us. While accommodations can be made for our lifestyle choices theres little likability when it comes to our healthcare. When patients for chronic diseases have access to regular medication it isnt a choice and in some cases its amatter of life and death. Both the Healthcare System and patients have changed their behaviors. As a consequence concerns and fears have arisen surrounding drug availability and shortages. What are stakeholders doing to ensure disruptions do not occur and theres collaboration between the public and private sectors and what plans are being put in place for distribution of this corona vaccine once it becomesavailable . We discuss all of this with some of thesmartest minds in Heal
Last ten minutes or so and finally, optimism around the possibility of new stimulus. All of that helping the market up about 1 on the s p 500 as we stand. Coming up on todays show, big moves in the banks space and Goldman Sachs is bringing workers back to the office well talk about that with the president and ceo john waldron and Michael Novogratz will lay out the risks he sees. Mike santoli is tracking the Market Action and a pair of key faang names holding their annual meetings as tech underperforms today and mike, start us off with the Broader Market and the action were seeing right now. Yeah, so weve been talking about this rotational activity away from the big growth winners into all other areas of the market that are more sickly call and smaller. It is really happening in a benign way so far. Sometimes the baton can get dropped in the handoff but it is towards its highs so kind of stalled out at this area, but below the surface, equal weighted is up close to 5 so it is kind of st
Told that President Trump to declare National Emergency today. We know that the president is holding 3 00 oclock News Conference which he tweeted about earlier today so we will see the president before the cameras 3 hours from now. National emergency likely to involve the stafford act, not to get complicated. Stafford act involving fema and resources that come with fema. Bottom line the president to be taking next step which would be declaring a National Emergency as response to coronavirus. There were reports earlier today out of brazil that the brazilian president bolsanero tested positive for coronavirus. The reason why its important because the brazilian was at maralago, there were dinner there, however, bolesnaro has gone on fox within the last 30 minutes and said that his father has not tested positive for coronavirus. In any event its going to raise a lot of questions as to the president being tested and what might next steps be from that. We are continuing our eye on the negoti
Moving lower. And republican president ial Candidates Campaign in iowa evover the weekend, but trump faces an indictment over his attempts to overturn the 2020 election loss in georgia good morning welcome to street signs. We have big down trades from asia today Chinese Markets in focus we are watching the hang seng down 1. 5 . Knikkei is down 1. 3 . Investors are focused on all of the commentary from the chinese Home Builders and the issues with the bank loan data for the month of july. Lets get to jason ong who is joining us with more color of what is happening with the overnight markets, jp. Reporter good morning. It wasnt the start of the trading in asia. We didnt have much to go on it was a lackluster handoff from wall street and catalyst and data release to chew on. It is a concern of the chinese Property Market which is keeping people risk off in the part of the world. No one is falling off a cliff. There are losses from the hang seng which will close in a couple of minutes. You
[inaudible conversations] the subcommittee on railroad pipeline and Hazardous Materials will come to order. I ask unanimous consent that the chairman of the authorized to recess at any time during todays hearing. Without objection, so ordered. I ask unanimous consent the members not on the subcommittee be permitted to sit on the subcommittee for todays hearing and with out objection so ordered. Members want to enter document documents the record please email it to document ci at braille. Gov. Com. Before we discuss todays hearing id like to take a moment to remember our colleague congressman donald paine c jr. O passed away two weeks ago. It was a privilege to work with donald on thena subcommittee. It was clear to all who knew him the strong commitment Public Service was for his constituents. Im grateful for the opportunity to work alongside donald putting together a bipartisan Pipeline Safety legislation. He will be deeply missed here on the committee and i want to send my condolence