Certainly through the channel i mentioned. Thank you. Thanks for taking my question. Chairman powell, [ inaudible ] to the policy framework, is the fed open to other measures of the economy such as income inequality and affordability of housing . So we monitor everything we think is important in the u. S. Economy and in a broad sense, all of it goes into thinking about Monetary Policy. You mentioned inequality. You know, disparities in income and in Financial Wellbeing by various demographic and racial categories, something we monitor carefully, inequality which i would point to its a multifaceted thing but i would point to the relative stagnation of incomes for people at the lower end of the income spectrum and also lower mobility. So those are things that hold back our economy. They are. The thing is, we dont really have the tools to address those. We have Interest Rates and Bank Supervision and Financial Stability policy and things like that, but we cant get at those things through
Youre watching Worldwide Exchange on cnbc top of the morning to you in for Brian Sullivan today kicking off this monday morning with stock futures indicating declines. The nasdaq up about 48 points as you can see but the nasdaq composite overall over the last two days has seen some of that positivity posting a 1. 5 gain with the help of blowout quarterly numbers from amazon. Com, facebook as well the latter coming off of a gain of 10 peculiar on friday for the best one day performance since march 13th of 2020 you can see apple shares over the last couple of days in the green. The major averages coming off their fourth straight months of gains. The s p 500 seeing its best july since 2010. You can see here 20 gains for the dow industrials. 26 gains for the s p and the nasdaq up 40 just over that span alone now in yields they continue to hover near historic lows ticking slightly higher to 54 basis points or. 54 ten year note yields around 11 basis points and the 30 yearlong bond on that t
Tonight at eight eastern on the communicators on cspan2. Standard john cotton one members of the bridge about buying g5 equipment from the Chinese Company while way. The arkansas republican join former House Intelligence Committee chair mike rogers and retired Brigadier General Robert Spaulding who predecease her on the National Security council under the trump administration. They answered questions from the British Defense subcommittee on china for about two hours. Order, order. Welcome to this Defense Select Committee hearing to consider the International Response to the uk government decision to allow while we to continue to operate its 5g network and implications of the gibbous decision for information sharing across the alliance. Also to discuss International Ambitions and the role of 5g technology and within this specifically look at Cyber Attacks and the distal silk road. Our session date is divided into two parts and id like to welcome senator tom cotton joining us for part on
Business owners are already facing after months of lockdown and ceo response social issues facing Corporate America and the companies to do the right thing. It is tuesday, june 2. We are watching Worldwide Exchange. You are watching here on cnbc. Good morning, good afternoon, good evening from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us wherever you may be. We hope you are all healthy and safe optimism from the markets looking ahead. Thats what the stock market appears to be telling us some investors clearly believe in 9, 10, 12 months, the economy will look very different than it does now with 40 million out of work and many states in various lockdown stock futures right now are higher indicating an open of 100points to the upside. Indicating at the highest level. About 3 to the nasdaq 100 hard to believe. They all rose overnight as well. A similar story. The markets are higher despite the protests that began here and now happening in various
Mr. Baker, this becoming age of mobility. You write did that so this book is about. What you mean about that pretty. John its an information revolution. Weve been watching it for the last half of century. It spread into computers and overwhelmed media and advertising in the spread into telephones and we are carrying on the internet wherever we went. And now in this next stage, the internet and the mobile machines we will be caring for they will be carrying us around so i think it is going to be an age in which all kinds of new choices going to surface for us and we are going to be able to, go a lot of places and will have a big effect our cities. And at same time, companies and city governments are going to be able to manage our movements and that will raise all kinds of questions about privacy. So is just the next stage of the internet revolution. It. Imagine a scenario, los angeles, 2028. What should be expect. One thing about information revolution is you cant bet on certain things.