Thank you for joining us. Thank you for having me. So lets start with the idea of your book 1 billion americans try to get more people in here . 670 Million People. And then sometimes have a Bad Reputation and how clean it was good. And then to be provocative and i thought to thought experiment like chinas competition we just cannot grow as fast. But we can have more people we spend money to keep them out and we dont have as many children as they say we want to have. We occurred provide childcare so why not . When i do it . Limited to say thats too many people like is hong kong to be crammed in like sardines. Is that true . With one americans the population would be about half. Yeah america is empty with a lot of amber waves of grain. [laughter] is just really big and stuff is historically odd 330 million in canada they are 25 million we make policy choices mature. Our career to get a lot of people to. It is very deliberate you look at the George Washington administration, there is a l
Restrictions in one city, but investors are brushing that off. As well, up firmly part of the Semiconductor Story, looking forward to samsung earnings. Looking at currency, the dollar story almost the weakest in terms of the bloomer dollar index, for close to two years bloomberg dollar index, for close to two years. Down for tense of 1 . Hasonshore yuan strengthened. The aussie dollar up as well. On the next board, looking at gold, futures breaking through 2000 announce. You have the likes of bank of america predicting you could get 3000 in therice next 18 months. Wti up 3 10 of 1 . The 10 year yield has edged up marginally at 62 basis points. You can see there has been a marginal rotation out of chinese 10 year as well, more risk on sentiment in the mainland. Rishaad all right, lets look at one of the biggest movers, 7 . Shares up around one at one point. We have a company that has become the worlds 10th biggest stock. Our guest from aberdeen standard investments. Thank you for joinin
There was an endeavor to get to the city yesterday but we were landlocked yesterday, drove into the city under the trees. It was a little scarey we are back and it is nice to be here it feels like home good to have you back, andrew this is the situation that we probably havent given focus it deserves still millions without power 1. 4 million in new jersey without power. I know connecticut was hit worse. That storm even though a tropical storm, not a hurricane, stronger than anticipated. The wind event and damage significant. I appreciate it still trying to dig out from that today a lot of people that will be without power for days starting with the markets this morning. The nasdaq on another record six straight games it closed just below 11,000. Just north of 10,998 youll see this morning, us equity futures are not pushing above the 11,000 mark just yet six days in a row weve seen gains. This morning, indicated down by 20 points. The fourth day of gains for both the s p 500 and the dow
A look at the impact of the coronavirus pandemic on Social Security. Witnesses before a house panel say recipient to rely on the income could be affected by a prolonged economic downturn. The subcommittee on Social Security will come to order. I want to welcome all of our witnesses and audience members, thank you for joining with us today as we bear up under covid19 and addressed technologically to coming together. We will begin with Opening Statements by myself and the Ranking Member. Testimony from our witnesses and the opportunity for each member to ask questions. We will dispense the practice of observing and instead go in order of seniority for questioning, alternating between minority and majority. Member will be responsible from youding and then muting themselves throughout the proceedings. Thank you all for your patience as we navigate this new technology in order to continue serving our country in this time of need. With that i would like to welcome everybody to the ways and m
There sara so im here at North Central university located in Downtown Minneapolis where the Memorial Service for george floyd is that were wrapping up just moments ago reverend l. C. R. Been delivered to these eulogy and he stated. Keep going until we change the full system of the trust has now he had everyone stand for about 8 minutes to represent the amount of time that george was payment to the ground the rights leader he spoke to the president earlier today and he said as a community we need to bring up from the funeral here all of africanamericans who have been killed by Police Officers is another is another sara now for those who are unfamiliar with reverend al sharpton he also deliberate the ulu g. s of Michael Brown and eric garner an arab girl nurse and one who died in a similar. Way and i do want to mention that there are nerves a mother is here at the Memorial Service as well known sharpton called what happened to george would and. Murder he said he believes this time as a d