Previous peak on february 19th and all i heard is its because were having a v shaped recovery wrong, wrong, wrong. Not just wrong but laughable in a v shaped recovery the Dow Jones Industrial average would be hitting highs but this move is led by the nasdaq and s p including today the dow lost 67 points as the s p advanced 2. 3 , the nasdaq gained 7. 3 you dont need to be a Rocket Scientist to figure this out look at the stocks that have brought us to these levels they are not the recovery plays. In fact, they are the opposite they are stocks that tend to do well because of what we call secular considerations, not secular like nonreligious but secular as in they are doing well because of trends in their own industries, not the economy. Far from it. Allow me to explain. We had a magnificent v shaped recovery in the stock market, but the stock market is not a great reflection of the voter economy anymore. If anything, the actual economy is in precarious shape now that the government stim
The committee will come to order. Thank you all for being here. Id like to thank the Ranking Member senator white house and the collaborator its great to be here and doing this together. I was just saying i told him that it would be nice to have the answers because hes a tough questioner and he will take you to task. Id like to thank the witnesses for your attendance and also highlight two empty chairs today which i say that he invited witnesses who apparently dont share your commitment to discussing the issues. One is for tiktok. If you dont know what tiktok is, you should. Its a chinese owned social media platform so popular among teenagers mark is reportedly spoofed. For facebook the fear is lost to social media market share and for the rest of us it is somewhat different. A company compromised by the Chinese Communist party knows where your children are, what they look like, with their voicewhat theirvoices sound like watching and what they share with each other. They claim they do
The committee will come to order. Thank you all for being here. Id like to thank the Ranking Member senator white house and the collaborator its great to be here and doing this together. I was just saying i told him that it would be nice to have the answers because hes a tough questioner and he will take you to task. Id like to thank the witnesses for your attendance and also highlight two empty chairs today which i say that he invited witnesses who apparently dont share your commitment to discussing the issues. One is for tiktok. If you dont know what tiktok is, you should. Its a chinese owned social media platform so popular among teenagers mark is reportedly spoofed. For facebook the fear is lost to social media market share and for the rest of us it is somewhat different. A company compromised by the Chinese Communist party knows where your children are, what they look like, with their voicewhat theirvoices sound like watching and what they share with each other. They claim they do
Companies in the sector over the next year, rerun the analysis next year and present more analysis and set of recommendations. I will pause and pass it over to luke now to discuss similar analysis we have done in the Utilities Sector and what we have done here is conducted a similar analysis to identify companies to engage within the Utilities Sector over the next year. This is a separate memo attached to the same item. The way the pages are numbered it is broken up. We tend to say boards recommendation. On which page is the item. I see several items. We can make up the motion but i want to make sure we are on the same starting point. Page 36 has the summary of recommended actions. This is three parts. It references tables on the other pages that contain the list of companies. This is the company name. Okay. It is all the same starting point. We dont have to adopt 36. Lets work off that point. Board questions . Just a comment that on the cover page there is three recommended motions. P
Improved on the ground by many accounts. Not fully resolved in terms of human rights abuses. By and large the country is stable. There is a joint civilian and military government in place. Things seem to be progressing according to the plans that have been outlined by the government. With the seven companies that would be added to this restricted list would it require us to divest of any positions. Are there ones where we would potentially have to take our position and divest . Correct. Those are the only two . This would be on page 2 of the memo. In the third column 2. 36 million in the electric. 3. 94 million in se s iemens tht we could make subject to our investment restriction. The determination was that by and large the u. S. Has lifted sanctions. These companies are providing as commissionter pointed out services to the citizens, and i think there are necessary communication and Power Services that the citizens do need. There is a consideration here of and as we proceed and evalu