Alliance for democracy and a senior fellow at the in your moderate for today. With that to introduce our special guest both have had the pleasure of working with. David is the author of race, america russian 100 years of covid interference. Foreignpolicy reporting going the new york times, the new yorker in foreign affairs. Steven is pursuing a doctorate in natural relations at the oxford up as a marshall scholar. He is an associate fellow at Yale University where he received his undergraduate and masters degree i got to know david his interning on Hillary Clintons president ial campaign. John brennan is a distinguished fellow he is a former scholar the university of texas in austin. His director of the Central Intelligence agency where he spent many hours in the situation room and previously served as assistant to the president , Homeland Security and counterterrorism. Specialists in middle Eastern Affairs and counterterrorism, john has received cell several awards for his contributio
Shortly. Onhave got hopes of progress a vaccine and signals that they are making progress in terms of the u. S. China trade tensions. Both of those really firmly supporting the risk rally that we are seeing. Let me show you the state of play with the stoxx story. The back ofming off record highs in u. S. Stocks. The good times might not last, according to morgan stanley. They are saying the market is vulnerable to shocks, especially rising rates. Treasuries are on the back foot as we speak. We are looking at a weaker greenback. 830. Dollar at 1. 1 yeah,ps a little bit of a strange one given the wider risk appetite. The folks at pimco saying the gold rally is it played out yet is not played out yet. They believe gold remains attractively valued, especially in the context of low Interest Rates. Here are some of the stories we are watching. Both of the u. S. And china are seeing progress under their phase one trade deal. They are committed to the success of that. Senior officials from the
Future and later, President Trump says the time for negative Interest Rates is now. So were breaking out our crystal ball to see what the market will look like in a world of negative rates and we start with the market selloff the stocks tumbling after the path forward is highly uncertain and subject to many downside risks. The prolonged recession and weak recovery can discourage business advancement and expansion further limiting the growth of jobs and the pace of technological advancement. The result could be an extended period of low productivity growth and stagnant incomes. And then theres this, Stanley Drunkenmiller telling the Economic Club of new york that the risk reward for equities may be as bad as hes ever seen and scott telling scott wapner that this may be the second most overvalued market hes ever experienced so did the markets just get a big dose of reality, guy first of all, i know youre not in charge of music at cnbcs fast money and im getting ready for the twitter hatr
Im behalf of the Auburn University president and the board of trustees of our university, i i would like to welcome you to a conversation with the acting secretary of the department of Homeland Security, chad wolf. Todays event is brought to you by the Mccrary Institute for the cyber and vertical infrastructure security here at Auburn University. We have likely over the past few weeks used the term unprecedented more than any other time in our history. The covid19 pandemic have brought about many changes in our country, and affected virtually every aspect of our daily lives. As an institution we here at Auburn University have tried to respond quickly with our researchers and scientists directing their expertise towards fighting the covid19 pandemic and its impact on our health, our economy, and on our way of life. The department of Homeland Security that youre going to hear from today plays a lead role in the nations response. We are honored to have secretary wolf join us today to disc