Cspan, your unfiltered view of government. Host joining us this week on the communicators is senator marsha blackburn, a member of the commerce and scientist subcommittee on communications and technology. Senator blackburn appeared off and on this program as a member of the house that this is her first appearance as a senator. Welcome back. Guest thank you so much. Did you join once again. Host i wanted to ask you about some of the issues you worked on in the house when it comes to technology. Were you able to bring that over to the senate, such as data privacy and things like that . Guest indeed. I have brought those issues with me. I think we last visited when i was finishing work on the ray bonds act, which was the reauthorization of the fcc which had not been done since 1990, and, of course, the mobile now, the old precision agriculture bill and some of those components that are really foundational items in our internet ecosystem. So getting those predations finished was important
And for International Health and also the director of strategy at microsoft with those engagements providers next to hear from an investigative journalist from Fortune Magazine contributor and a carnegie fellow her book bottle of lies reveals fraud in dire conditions with the overseas manufacturing plants were those costs are made and the third panelist who is professor and director at seton hall university. Also a senior fellow for Global Health counsel ford relations with the roundtable series and Global Governance project. Finally you will hear from craig allen president of the United States counsel prior to joining csp c the long career in Public Service which calls multiple tours in asia culminating with ambassador 2014 through july 2018. I ask all witnesses to keep your remarks to seven minutes and we will start with you. Good afternoon its always a pleasure the last three years have been marked by a recognition of the Us China Relationship specifically and the globalization more
The same as wall street saw the two previous market peaks, september and may. The pricetoearnings ratio below 17 for the next 12 months. Right now ahead of what could be a couple of fed rate cuts and a trade deal still in the works with china, is the market still a value trade or a value trap . Who is that dion warwick it is dionne warwick. Like that wasnt on in your car on the way over. I love that sothebys stuff. Deja vu my voice, i apologize to the people at home i know you think you know me, and you say, absolutely, value trapped in terms of the s p and you know what, mel youd be wrong wrong wrong, i think its a value trade. I think its 17 times for ward earnings and in this low Interest Rate environment the market is not expensive and it will not sell off because because of other reasons and theyre right at the top and the fact that maybe the fed will disappoint or maybe there is no china deal or maybe this situation with iran gets worse and the mark has a lot of reason to sell of
Nonopec allies. We are already seeing demand pick up, refineries that had been in maintenance have come back we Inventory Data out of the u. S. Prove what i said, that demand is picking up shares in Funding Circle plunge after the online lending platform cuts its fullyear revenue forecast in half and blames softer demand for loans as we mentioned, its been an interesting day for european bond yields. You can see the italian, spanish and portuguese there, theyre all at record lows really significant numbers if you think about the context. Over the last ten years, in germany the negative yield rising slightly back towards zero down still at 0. 36 . You can see the ftse 100 is in positive territory up 0. 5 . Similar story with the ftse mib. In germany and france, both of those indices slightly below the flat line. Lets look at the u. S. Markets over the course of yesterday we saw extraordinary numbers with the s p 500 hitting a record high the dow jones also up more than 0. 4 the nasdaq t
C oh come on. Good morning. Thank you for that warm welcome and thank you for being in person all the people watching on line or listening remotely we say thank you for joining us for the 2024 state of the state. Youve all been thoroughly welcomed this morning but i want to give a special shout out to a few people in the course ive got to start with first Lady Catherine and her family members she spirit their sister julie and her cousin lisa and watching on line to the rest of our rest of our extended families and their sons joe and tom and her daughter jesse and their extended families. When you serve your family serves with you so i want to be sure to at this time thank them for all their support in the seven years in todays a special day because its jesses birthday and so we need on a one, two, three everybody to yell happy birthday jesse. It will be the Largest Group to ever yell her birthday at the same time. One, 23, happy birthday jesse [applause] way to go. You guys did fantast