Way out of recession. Factory performers stabilize while Consumer Spending shows that recovery remains on track. Year profits plummet. Cash earnings falling 52 . It includes provisions for customer compensation. Ahead. Omaui lets check in on the markets. A big week indeed. We do have asian stock futures gaining for october with friday a significant day. The start of another trading week, we do have a bunch of asian pmis do today alongside more data from china. And the offshore yuan will be below 670 after a fivemonth game. Focus with as a and alibaba. Waiting on a big milestone this week. The hong kong dollar on friday following the most since june after its close. Amid this frenzy q÷d it has been fraught with twists. None of it seems to have altered the course set month ago as joe biden continin handful of states. Pennsylvania is a huge one but everyone has been talking about ohio and the upper midwest. As well as georgia and North Carolina that have traditionally been republican. It
Protection, he wants 1200 stimulus checks, that is what he wants, not Speaker Pelosi democrat state bailout commonality this, the markets reaction, selloff tuesday in a reversal this morning, the dow will be up 200, look at that and nasdaq up about 100 points, that is a reversal, heres another blockbuster, declassified documents show in 2016 the cia director john brennan personally briefed president obama on Hillary Clintons alleged candidate trump to russia. His notes made right after you briefed obama showed clintons during up the scandal to distract from her email problems and obama knew all about it, by the way the broadcast network did not cover this at all. 0 coverage on a blockbuster story, maybe mike pence will bring this up at the debate tonight. This is a major event. We are less than four weeks to the election and senator harris has a strong chance of becoming president given joe bidens age, he will be 78 on eggnog ration day, she will have to answer the question that biden
Mnuchin again today and we will hear from the treasury secretary in a few minutes at delivering alpha. Plus palantirs public debut, backed by peter thiel, it will be a direct listing at the New York Stock Exchange, lots to discuss there. And covid optimism, regeneron saying its treatment cocktail helps in the early stages of the virus and we will talk with the companys cofounder and chief science officer polarity on this hour jim, of course, you have to get the debate out of the way, everybody is talking about that and were going to hear the argument that if you look at futures and even some of the Prediction Markets today, theres an argument that the debate really didnt change the broad contours of the race. Before we got pmi, before we got this little squib from speaker pelosi, the futures were down very big. I was watching dom this morning, it looked like the market would be very ugly and i think that was because of arecognition that there was no way you could possibly have any sort
This room, for guidance from the office of attending physician, masks must be worn at all times during todays proceedings except when a member or witness is speaking. Please also sanitize your seating area. They view these as a safety measure and an important matter of order and decorum for this proceeding. For members participating remotely, please keep your video function on at all times. Even if you are not recognized by the chair. Members are responsible for muting and unmuting themselves and please remember to mute yourself after you finish speaking. Consistent with House Resolution 965 and the accompanying regulations, staff and members will view it as appropriate when they arent under recognition to eliminate background noise. I see that we have a quorum and i now recognize myself for opening remarks. Let me welcome our witnesses as ive let the Ranking Member know. Ill be going considerably longer than the customary five minutes. My statement this morning and, of course, ill yie
Extraneous material and questions for the record subject to limitation in the rules. To insert something into the record, please have your staff email the previously circulated address or contact full committee staff. As a reminder to members, staff and others physically present in this room, for guidance from the office of attending physician, masks must be worn at all times during todays proceedings except when a member or witness is speaking. Please also sanitize your seating area. They view these as a safety measure and an important matter of order and decorum for this proceeding. For members participating remotely, please keep your video function on at all times. Even if you are not recognized by the chair. Members are responsible for muting and unmuting themselves and please remember to mute yourself after you finish speaking. Consistent with House Resolution 965 and the accompanying regulations, staff and members will view it as appropriate when they arent under recognition to e