Right now the focus is on states and cities that are holding back on reopening and phased reopening plans at this stage here. Looks like it is relatively contained but all of this in an environment where the number of cases has picked and the World Health Organization says the worse could be yet to come. Interesting development as well in england they were reordered to institute lockdown measures. That is follows on heels with other Foreign Countries bedevil ed openings not going necessarily to plan. Im not talk being about what is rapping in russia, india, spikes in cases in japan and the seoul, south korea area. The fear this seems to way on the markets eventually. Something that will slow certainly the reopenings and the economy and recovery that many hoped to see from that. Very tepid. No matter what happens today. Looking like a boffo month for all the major market afterrings, certainly a very strong quarter. The strong first half of the year, well get into all of that, first to c
As we settle in i often pick a word for the day. A kind of how i govern myself often times and my frame of mind. But today im going to take an image of the day if you look at your screen, one of our commissioners shared with me this image and i think it sets the tone and stage and underscores the importance of why we are here. This is a chinese book for kindergartners and even if you dont speak chinese, circled r. Two letters, ai. Kindergarten textbook. The senator talked about us getting ready from grade school to graduate school. Now we are talking about kindergarten or even pre k. If we are going to keep ahead and stay number one when it comes to ai so i just want to start with this image because again it really for me underscores the urgency of why this commission was formed and why its so important as we are here today. We have a broa had a broad mandh concrete steps the government should take to build and maintain a Machine Learning work force to address the National Security def
[applause] good afternoon, everyone. As we settle in i often pick a word for the day. A kind of how i govern myself often times and my frame of mind. But today im going to take an image of the day if you look at your screen, one of our commissioners shared with me this image and i think it sets the tone and stage and underscores the importance of why we are here. This is a chinese book for kindergartners and even if you dont speak chinese, circled r. Two letters, ai. Kindergarten textbook. The senator talked about us getting ready from grade school to graduate school. Now we are talking about kindergarten or even pre k. If we are going to keep ahead and stay number one when it comes to ai so i just want to start with this image because again it really for me underscores the urgency of why this commission was formed and why its so important as we are here today. We have a broa had a broad mandh concrete steps the government should take to build and maintain a Machine Learning work force
Further decline. 2018 has to offer both good and bad. Ramy we are getting breaking news on the south korean front again. We have cbi today, inflationary prices coming in line with what estimates were. A nice rebound from the decline we saw in the previous month. It slightly exceeded what economists broadcast. You know we have been talking quite a bit about where inflation is in the market here in the u. S. And japan. Really there is no difference in south korea though they may be in a little better shape. It is perplexing. Because things are low, they are bound to go up. I a magic the Commodity Markets will kick in. The commodity market will kick in. Fact that an expected tightening from the fed and others is a key risk to watch and 2018. Betty certainly we are watching the markets here today in the u. S. Lets quickly pull up where we ended up and u. S. Markets today. 1 5 of 1 . Er by the nasdaq also higher. Pretty much green across the screen. A lot of people are not taking on any hug
Today, stocks continuing to sell off. Interest rates continuing to rise well talk about it with the twin cities own john and pete najari najarian were going to get to apple in a minute because its a significant story today. Its so great to be here at the site of the super bowl the dow is down just about 400 points now, pete if you are looking for apple to save you, it didnt happen its not happening and i think the issue is the velocity of the move in the tenyear. The fact that has picked up to the point that its been really pressuring the markets at first, it didnt seem that bad. Down about a kouchl couple of h, but its continued to accelerate to the downside. It gives us the statement that hey, look, were getting through this earnings season last night, apple was up 5 in the aftermarket and now apple and the rest of the market getting pushed to the downside its the nasdaq, the s p, its everything right now p josh, is this really all about rates . Does this conversation begin and end w