Busiest week of earnings thus far. Trillionlmost 16 worth of corporates reporting. We need to figure out exactly what the set up looks like. Lets do that with scarlet fu. Scarlet what we have learned so far as we are deepening in an earnings recession with more than a quarter of the s p 500 having reported. Third quarter etf down 18 . Third quarter revenue down last, but still up 4 versus last year. We have definitely turned the corner because declines in the top line and bottom line are less bad than it was in the second quarter. It may even turn positive by the second half of 2021 when the conversations become easier. The market had priced in all of these Third Quarter declines. So far, so good. 500 are topping estimates overall. Sales are beating estimates by 3 . That is the most in two years. Eps is surprising to the upside by 18 , slipping from a 23 margin in the second quarter. Gina martin adams says Growth Companies are beating estimates more widely than value companies. When ea
Colburn i said, who among your former colleagues should we go about trying to get involved . And he gave us three names and two of those three names are earnest and john ronson. We are grateful but also when you certainly on honor the legacy of doctor colbert by your participation today. What senator ernst, lets start with you. Some opening comments, senator johnson we will then go to you and open up for questions if we have time remaining. Thanks for joining us. I am so thankful to be with senator johnson as well. Its just a great champion and a wonderful colleague to all these issues. Im just starting, of course, im so glad that you mentioned senator colburn the cause he really did leave the way when it came to counting efforts with our federal. It was a great supporter of the commission so, you know, we do want to honor him for that infinite inspiration for so many of us to follow here in the senate as well as folks in the house. I know some of you will remember when i first ran for
This is 45 minutes. The only introduction i will give to both is first of all, im certainly grateful for your time. This effort was launched a year ago with the support of my personal political mentor and one of my earliest conversations with the doctor i said who among your former colleague should we go about trying to get involved . He gave us three names and two of those three names are johnny ernst and rob johnson. We are grateful, but also i want you to know that you honor the legacy of dr. Colburn by a participation today. Senator ernst, lets start with you. Some opening comments, and senator johnson we will then go to an open and up for questions if we have time. Thank you for joining us. Im so thankful to be here. Senator johnson is a great champion and a wonderful colleague. Im just starting a course. Im so glad you mentioned the senator because he led the way when it came to within our federal government. We want to honor him. He has been an inspiration for so many of us. Her
Vote the presiding officer on this vote, the yeas are 90, the nays are 7. Threefifths of the senators duly chosen and sworn having voted in the affirmative, the motion is agreed to. A senator mr. President. The presiding officer the senator for arkansas. Mr. Cotton our country faces real challenges today. For example, antiamerican mobs are roaming the streets in many cities, tearing down statues of our greatest statesmen, men like abraham lincoln, u. S. Grant, and george washington, after whom this capital city is named. For the but the democrats arent doing anything about that problem. Oh, no, on the contrary, the mob is in many ways the Youth Movement of the Democratic Party. So they are perfectly content to look the other way. Or even cheer it on. I mean, have you heard joe biden, chuck schumer, nancy pelosi denounce the mob violence we see in our streets . Me either. But instead, the democrats have found another pressing issue. The house is voting tomorrow on a bill to make washing
The dow futures down 448 points. Down almost 2 . S p better than 2 , nasdaq lower by 225. 2 and a half percent there as well. Strong showing in april despite losses yesterday, the dow, s p 500 posting largest monthly gain in 33 years for month of april. Oil prices are still down this morning sliding again, take a look, this morning more on the impact, low prices and decline in demand are having on big energy. Oil now 39 cents, better than 2 . I will be speaking this morning exxon mobile and chevron will be reporting and we will speak with the ceo of chevy robe coming up. Amazon with jump in sales but seeing profits fall as cost of doing business of the pandemic rises. Could post First Quarterly loss in 25 years. More bombshells, more unsealed documents reveal the fbi was moving to close the investigation of Michael Flynn back in january of 17 before agent peter strzok stepped in to say keep the case open. Flynns Attorney Sidney Powell will join me powell at 8 10 a. M. Eastern on the ef