At virginia tech. Shes also a member of the white house transition project advisory board. Thanks for being with us on washington journal. Karen good to be here. Host the white house transition project, tell us about it. This is a nonpartisan, nonprofit entity. It is staffed by Political Science professors and others around the united states. 1990s for thehe white house interview program. They were trying to develop some institutional memory by talking to people that had various white house death and over time. Staff positions over time. They can find out what happens to staff positions for both parties. Directedolved and is by you speak directly with those Transition Teams from those campaigns. What we do do, really beginning well before the candidates campaigns are putting together their Transition Team. But after each party nominates its candidate. What we make available to transition directors is our materials. Many will be Password Protected and not available to the general public
On the day could be the reemerging trade war between the u. S. And china, china saying it will slaps sanctions on defense contractors. On this we have greens and other commodities lower, along with stocks. The chip index is a poster boy for the u. S. China trade war that is underperforming, down 2. 5 . That is another nuance developing, as if we needed more. Guy talk to us about david talk to us about the bonds. Last week we were talking about the reflation trade. We saw the 10 year goa above 85 basis points. Now i see it below 80. What happened to that trade . Abigail that is the bid for bonds. That tells you some traders are nervous. They are hedging around not just today but last week. That is why we had bond selloff last week. The yield curve steepen spirit we had stocks down. The nasdaq 100 down for the first time in five weeks. Todays trading action is a continuation of what we did have last week, and it is interesting. Another piece you and i were talking about last friday was t
Covid19 and other biological threats facing the u. S. Good morning. Welcome to the hearing [inaudible] emerging threats and capabilities. In a moment in accordance with house rules and relations the host will mute all participants other than german [inaudible] and all participants are asked to keep themselves muted when not actively engaging in the discussion which should help limit echoes and other asruptions. When the yield back i do not renumber to retweet themselves others will doo so to limitit efforts and background audio background audio. Members and witnesses are responsible for unwitting himself anytime they wish to w e heard. It may take a few seconds for your microphone to be t unmated. If you are on the computer you can view the timer by reaching your personal view in the upper right corner of your screen for the active speaker and you can also pin the timer by right clicking or hovering your cursor over the timer and pressing that contact icon. With that, we are ready to b
On china. Sources say curbs on jack mas group over concerns on National Security. Shery we are getting south koreas current account balance numbers and the surplus right now narrowing the month of august from july, coming in at 6. 56 billion. This is a little bit of a narrowing from that 7. 5 billion we saw in the month of july. The balance widening. The surplus coming in at 7. 0 2 7. 02on dollars and billion dollars and this is widening from the previous month. When it comes to export numbers, we have seen the plunge easing a little bit and in september, south koreas exports rising for the first time in seven months and we are seeing the goods balance surplus widening a little bit, haidi. Haidi take a look at the open we are setting up in the first few minutes of trade here in australia. We have seen that bounce following the super expansionary budget that was delivered this week by the federal government. The asx in the previous session closing at a one month high on those budget exp
Tweets. Pentagon and state Department Officials reviewed u. S. Readiness for a biological attack. The response to the coronavirus and foreign adversaries using chemical agents. They appeared before two house subcommittees. Theill come to the hearing Armed Services subcommittee on capabilities. Rules andnce with regulations, the host will mute all participants. All participants are asked to while notelves muted engaged in the discussion, which should limit echoes or other disruptions. In instances in which members yield back, but do not remember to remute themselves, we will do so. Members and witnesses are responsible for a new think themselves. It may take unmuting themselves. A timekeeper will monitor the time for the hearing. If you are on the computer, you can view the timer by switching your personal view to grade or active speaker and thumbnail view. You can pin the timer by hovering your cursor over the timer. With that, we are ready to begin. Please count down from five so the