Welcome, everybody. I think we have some republicans that have a leadership election, but theyll be coming in. Can you see me . Can you hear me . Is it working . Well, the election is over. Theyre still counting the votes and making legal challenges and once all of the legal challenges are made and the votes are counted, well have that done. We still have two outstanding races in georgia to determine the control of the senate. And the committee will keep moving forward doing its work. We have next week social media oversight. I cant wait to have the social media ceos come to the committee and explain themselves about their platforms. I think theres a lot of bipartisan support to take a hard look at social media platforms. The earned act is still a business pending before the committee and after the hearing well have markup. But today, we have mr. Mccabe, the number two at the fbi during crossfire hurricane. I think hes going to appear remotely. I appreciate him coming. And what ill do
Guillermo and i spent the last couple of weeks phone banking for the lakers so we hope they pull this out. Going home to watch the game . Guillermo yes. Jimmy any other plans for the weekend . Guillermo nothing. Jimmy nothing . Guillermo going to my spinning class. Jimmy oh, right. Guillermo yes. Jimmy why do you do that when you say spinning class . Guillermo because i cannot do this. Jimmy okay, all right. Oh, yeah. You know, youve been posting pictures of that, right . Guillermo yeah, thats right. Jimmy do the people in the class know youre taking pictures of their butts and posting them on tv . Guillermo no, no. Jimmy okay, all right. Well all right. I want to look at well look through some of those pictures. Guillermo all right. Jimmy i like to 1 2 watch you sweat. Whichever team won tonight will most certainly not visit the white house, thats for sure. Our super spreader president doesnt need visitors, hes getting ready to hit the road, spreading covid wherever he goes like donni
U. K. Sounds a note of optimism. Make my day. Tough words from saudi arabias oil minister. Whoever gambles on this market will be quote ouching like hell. The under an hour away from start of cash Equities Trading in europe. Lets look what we have. Futures not all that convinced in any direction. Weakness in markets yesterday and equity markets, and nasdaq. Ar in u. S. Futures flat and mixed. We do see nasdaq futures heading to the upside. Because ofnificant the selling we have seen. Concerns about concentration and previous gains in the tech sector. We are digesting what we have heard from the fed. In assessments of weaknesses the u. S. Economy. The fiscal boost that will be needed. Lots of questions over the fiscal side of things. Modest gains coming through in asia. Asian stocks of around 0. 4 . The south korean market up a fraction of a percent. Elsewhere, fairly flat markets. Won up to anean eight month high. Dollar weakness part of the story. Keep an eye in oil prices. We mention
The flames that consumed forests and entire residential areas. Cut. Rising temperatures water shortages land clearance theres an abundance of flammable material once again i did most of the stuff in the 1st. Summer going to snow. Mobile concentration the world on fire starts aug 12th on t. W. Teenagers in the u. S. Might be able to keep that to talk account softer all u. S. President over trump seems open to microsoft buying the chinese run social media site about they could be conditions attached empty offices a spooky sign of the pandemic but could it become the norm Companies Make big savings and we get to work from home. And Japanese Firm comes up with one way of dealing with the nations labor shortages allowing employees to keep working until their right seat. I mean physical and lets do business white house trade advisor Peter Navarro suggests microsoft to vest its holdings in china or if it buys the popular chinese app to talk the u. S. Tech giant has over 6000 stuff in china wi
Results of bad well crunch the numbers also coming up well talk to an expert about the challenges of financing a corona vaccine for the entire planet and and few offices of spooky sign of the pandemic but could it become the norm Companies Make big savings and we get to work from home. Ive been physical and lets see business British Oil Major be paid last 16800000000. 00 in the 2nd quarter as the coronavirus crushed demand for crude its the worst Quarterly Report for b. P. Since that Deepwater Horizon Oil spill a decade ago prices for crude have tumbled by a 3rd these year b. P. Says the prospects for a quick recovery are uncertain the collapse comes as big oil faces existential questions of a Climate Change in response to invest the pressure of b. P. Has announced a new green strategy to ramp up its investment in renewable energy. Oil prices havent been this low in a long time a Coronavirus Crisis so factories close around the world travel was bad and Global Demand naturally plummet p