That counts. Esn if yo want to vote yes by proxy, that doesnt count. So i had to be there in person. And we can now get started. Maria, are you ready . To orde all right, thank you so much, and this hearing will come to order. Uss the today, the committee convenes te discuss the issue of compensating student athletes for the use of their name, image, and likeness, nil. I welcome our distinguished panel of witnesses and thank f n them fores appearing. Today, we will hear from keith carter, viece chancellor for Intercollegiate Athletics for mississippi, my alma mater, where i lettered in zero sports. Ohio state university. Ms. Deion collar, professor of law and director of the center for sport and the law at the university of Baltimore School n of law. Mr. Greg sanke, commissioner of the southeastern conference, and mr. Eric winston, chief partnerships officer for one nl Team Partners, former president. Of the nflfl players associatioo and former nfl player and College Athlete. College s
Wisconsin, pennsylvania, and arizona. Ncaa officials, university leaders, and armor student athletes testified to a senate panel about the benefits and challenges of allowing College Athletic programs and athletes to profit from the use of their name, image, or likeness. They also talked about the impact of the coronavirus on College Sports. I had to participate in the environment and public works committee. We have a quirky rule in the if in our committees you want to vote no by proxy, that counts. If you want to vote yes by proxy, that doesnt count, so i had to be there in person. We cannot get started. Are you ready . Thank you so much. This hearing will come to order. Convenes toommittee discuss the issue of compensating student athletes for the use of their name, image, and likeness and il nil. I welcome our panel of witnesses and thank them for. We will hear from the vice chancellor Intercollegiate Athletics from university of mississippi, my alma mater, where a letter in zero sp
Good morning to you wherever you are. Im Frank Holland in for Brian Sullivan lets get right to the markets and take a look at the stock futures this morning its been a wild week on wal ve street today it looks like the dow could open down as much as 150 points amid new concerns over covid19 but the nasdaq, its run keeps on going. Leading to another new record high its 26 for the year on pace for the third weekly gain in three weeks. Now to the global markets. Karen tso. Shes in our london newsroom with more on that. Good morning. It has been a weak finish for those asian markets today. Negative news coming out of hong kong with fresh coronavirus cases. 38 new cases local transmission and decided to close schools again from next week that throws cold water on these markets. And the rest of the markets to be very much focused on the bull run for the Chinese Market take a look at this. A lot of investors piling into chinese stocks this week and that has taken them to the highest level in
Value and cyclicals are doing better than tech tech just in the red energy and financials at the top of the pile. Stephanie, are we getting a rotation, the start of something that might last a bit longer than it has done ever before well, you know my position. I own a bit of growth and value. Im hoping value has its day in the sun. What you need for value to work is better growth and also a higher expectation for inflation. While we are Getting Better growth sequentially. Youre not getting anything close to inflation look at the ppi numbers today. I think this is why a barbell strategy makes sense people will still want secular growers that can participate many some very powerful themes you want to be price selective but you want to have exposure there but exposure to the cyclicals if you believe the growth is going to improve and that will lead to inflation. My supply is up 25 year over year thats a big number. That will come home to roost, i think. One last point, i would say on valu
Contracting by 5 this year and within the s p headlines like those punishing reopening trades, punishing pretty much everything as you can see behind me particularly the likes of norwegian cruises, winn resorts, banks, airlines sliding significantly. Some of those names down as much as 10 sara. Weve got a huge lineup of guests to help make sense of this selloff today for you air yell investments john rogers saw a onceinalifetime buying opportunity. His take and where we stand now. Plus well discuss the new tristate travel order what it means for the entire leisure landscape for ceo of booking holdings, a perfect day to get thoughts on what travel will look like well speak to the ceo of slack about working and new product today. Full Team Coverage of this pullback and final hour of trade. Mike santoli tracking Market Action the most concerning covid outbreaks with the new numbers and Brian Sullivan watching the drop for energy sector, the worst performer. First lets get to josh lipton w