Tech stocks underperforming today, pulling back more of mondays gains or giving up mondays gains, i should say, still on pace for a positive week 59 minutes left of the session, exactly down. 5 , sarah. Weve got a big lineup coming your way National Economic Council Director larry kudlow will join us to talk about the stimulus negotiations and any Economic Impact there. John shrewsberry of wells fargo will be with us and well talk to David Malpass and the race to fund Vaccine Development around the world. First off, though, lets get straight to the big stories were watching mike santoli is watching the market pullback. Rick santelli has the bond report but lets start with mike santoli. Big tech and momentum growth that have been running pretty hotly. This modest payback mode for the prior few weeks. Lows for today were right exactly where the s p closed on friday essentially made this roundtrip a couple of times, trying to bounce off of them yes, if you look at energy, look at pure val
The speaker pro tempore on this vote, the yeas are 2312 and the nays are 190. The previous question is ordered. The question is on adoption of the resolution. Those in favor say aye. Those opposed, no. The ayes have it. The resolution is adopted. Ms. Lesko mr. Speaker, i call for the yeas and nays. The speaker pro tempore pursuant to section 3 of House Resolution 965, the yeas and nays are ordered. Members will record their votes y electronic device. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore for what purpose does the gentleman from massachusetts seek recognition . Gomp govern as the member designated by mr. Welch of vote, pursuant to h. Res. 965, i inform the house that mr. Welch will h. R. 1129. The speake
Well cult our chat shorter and well go right to your questions. For those of you joining us via zoom it would be great if you could write your questions in the q a box, and ill monitor those. Those joining via youtube live, write your questions in the comment section. Those questions will get to us, and please start writing those questions now. Especially if you have already had the pleasure and privilege of reading acknowledge degree knock mick angrynomics. Lets get start of you mentioned in the book that the work is intended to restore economics over angrynomics. Whats to that mean . All right. So, theres a great quote from keens was to move economics into dentistry and we meant that actually figured out how the world works, such a thing that its like a root canal. You need a root canal, painful you facebook it. Nothing special. Part of the process and the sense is the desire toning near the world in that way. And that would be nice if we could get real limits where you can do that o
A few short weeks of stay at home orders being implemented across the country the Washington Post reports that according to the u. S. Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. But its not just the United States of america facing massive amounts of unemployment new new new new new all around the globe jobs are being lost in record numbers thanks to the covert 19 pandemic in fact the International Labor organization well they now estimate that working hours will decline by 6. 7 percent in the 2nd quarter of 2020 which is equivalent to 195000000. 00 full time workers the aiello director general guy ryder sudden a statement to the media that quote this is the greatest test for International C
Department of labor more than 17000000 new jobless claims have been filed in the past 4 weeks and in fact last week saw 6600000 americans applying for Unemployment Benefits in just one week and all the tea leaves are reading that this is just the beginning my friends and that these numbers could actually be on the conservative side of things. But its not just the United States of america facing massive amounts of unemployment new new new new new all around the globe jobs are being lost in record numbers thanks to the code 19 pandemic in fact the International Labor organization well they now estimate that working hours will decline by 6. 7 percent in the 2nd quarter of 2020 which is equivalent to 195000000. 00 full time workers the aiello director general guy ryder sudden a statement to the media that quote this is the greatest test for International Cooperation in more than 75 years if one country fails then we all fail we Must Find Solutions that help all segments of our society part