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Local drycleaner. How that industry is trying to get back on its feet it is wednesday, june 24 this is Worldwide Exchange here on cnbc good morning and welcome wherever in the world you may be watching here is how the markets and stock futures are setting up they are downright now about 186 points remember, futures at this hour can move around rapidly. Well keep checking in the question of the morning or month, quarter or year is whether stocks can continue their remarkable run the nasdaq their eighth session low. The dow up 19 up 31 on the nasdaq 100 just this quarter continuing to focus on technology and the runup to increased investor concentration to fewer and fewer names stocks like amazon, microsoft, google, facebook counting for 22 of the s p 500 total market cap that is the biggest, smallest slice in the history of the markets. The fewest Companies Account for ....
You were just talking about times when its okay to sell if youve had gains on some of these big cap tech names. Yeah, im not advocating that this is a get out now moment, i just think that we have had such a good run, there was something that came out on the screen this morning that we are having the best quarter since the Fourth Quarter of 1999 and i just cant be, oh, well, so what, when was that that was a seminole top. Theres been some fantastic runs and i think that sometimes we forget why we own stocks we own stocks to create wealth there was a gentleman on just now, mr. Bailin and he said so many good points, he agrees with me on selling some of the ones that have really moved he would like to rotate into the stocks that havent moved yet. What i am saying is there is no sense for a lot of our investors who watch to rotate into something that hasnt moved when they can just sit and wait with some cash, which is cash has been s ....
Wash authors april ryan and cal thomas sunday on book tv on cspan2. Health alec cesar health and Human Services secretary azar was in washington. He talked about the federal government response to the outbreak and testifying on the president s 2021 budget request. The second panel on the Coronavirus Response, those questions will be limited to five minutes, which is the usual case. Only 10 members will be able to ask questions during that round. I will have to be strict with the gavel. Since the witnesses have a tight timeframe and i know that you will all cooperate with that. Let us begin. Welcome, mr. Secretary. We are glad that you are here. We have a lot to take up and every bit of it is obviously series. The chair recognizes yourself for five and its for an opening statement. Let me begin with this. , mr. Secretary i think that confusion is the enemy of preparednes ....
Coronas outbreak and the federal government coronavirus outbreak in the federal governments preparedness. And the federal governments preparedness. The appropriations subcommittee on labor, health, and Human Services, education and related agencies will come to order. Thank you, secretary azar, for being here. It has turned out to be a more eventful week than we anticipated, but we are grateful you have shown up as we asked to at the time we asked you to. The budget you suggested, the request, many of the same kinds of cuts that occurred in 2020, and i am sure we will have questions about that. It is not unexpected. I think you will recall when i called you with the final budget numbers from the 2020 budget. My first comment was, the good news is you didnt get what you asked for. Hopefully, that will be the case again this time. But you propose a 10 cut, similar cut you proposed in the past in programs that we would be very reluct ....