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Good. Varney company is about to begin. David lets get right to your money and there is more of it. Markets expected to open higher as china cuts tariffs on 850 products. Come in, market watcher Keith Fitzgerald. Will we hit 29k or even 30k before the new year . What do you think . That is not as outrageous as it sounds. We are within striking distance of that. We got to have a good broad session, but the lack of headlines that are going to interfere with that is key. I think we will get there. David you think of what has happened in the past year and again, a lot of it had to do with the fed, wasnt necessarily because of trade policy, the fed was pushing up rates, that was pushing down the market, but 6,000 points since a year ago, and i think the bottom was actually more than 6,000 points, when you look at it today. What was happening then thats not happening now besides the fed . Well, i tell you what, this is a real testimon ....
May come to order . I consent that military can call resources, i ask unanimous chant that they recognized for ten minutes each during the question rounds, and without objection, so ordered. Before i begin and similar to the previous hearing on the 737 max, with the ceo of boeing testifying in october i want to explain that administrative manners regarding some documents we may use, i will be making two unanimous consent requests and reference to to document lists, list a, list be. First the documents contained on this to be our marked export controlled, apparently they stamp everything. We have been advised by house general counsel that they provide ample authority for us to release these documents. However, with regard to documents i will be making unanimous consent requests regarding the release of these documents, pursuant to the control act. Second, i will be making unanimous consent request to enter the documents on a list day into the hearing record. This includes additional doc ....
They have had such a stellar record for so long and complacency can be a dangerous thing. Particularly in industries that produce that are truly safety critical. Despite this, we are not aware of any key efforts or initiatives in the faa to emphasize and reenergize the Safety Culture that once existed. We do understand that you spoken to your staff about not rushing grounding the an maxes and providing safety first, but has the faa fire hired Safety Experts from outside the the industry to look at the process . And have you hired more experts as some reviews have suggested. Have you sat down with managers and technical staff in the Seattle Office to hear the themmendations to improve faa and concerns about following and oversight. I would like to know what you have done to address safety and oversight issues. Thank you. ....
May come to order . I consent that military can call resources, i ask unanimous chant that they recognized for ten minutes each during the question rounds, and without objection, so ordered. Before i begin and similar to the previous hearing on the 737 max, with the ceo of boeing testifying in october i want to explain that administrative manners regarding some documents we may use, i will be making two unanimous consent requests and reference to to document lists, list a, list be. First the documents contained on this to be our marked export controlled, apparently they stamp everything. We have been advised by house general counsel that they provide ample authority for us to release these documents. However, with regard to documents i will be making unanimous consent requests regarding the release of these documents, pursuant to the control act. Second, i will be making unanimous consent request to enter the documents on a list day into the hearing record. This includes additional doc ....
Street journal, first on china, greg, everyone seems to think that if you dont get a deal, if you can push back tariffs, for now that might be just as good as one, what do you think . Certainly we are past the days where every sickle things got worse, things look worse, the markets took it on the chin, we are now in a stage where things arent getting worse, thats okay, nice if we got better, nice of phase 1 deal but honestly just like staying where we are is satisfactory for the markets. I think, neil, the way to think about it on the trade front we reached a new equilibrium, higher uncertainty, more unilateral action but the markets having sort of got use today the new equilibrium and will take it hard if the equilibrium gets worse. Neil lets say we dont get a delay on tariffs, i imagine that would not be well received . People are putting 75 probability that we delay the the december 15th tariff increases that would be my expectation as well, i dont expect things to be terrible. Neil ....