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July 16, 2024
Senator ted cruz will join us on why he thinks there should be more backlash for tech power lunch starts right now welcome to power lunch. Im dominic chu. Real estate, financials in the green as well. Technology stocks, though, the worst performing sector in the s p 500. On the dow youve got walgreens, the best performer after its Earnings Report this morning the company expecting 2021 Profit Growth despite the pandemic worst performer, it is vertech pharmaceutical kelly, ill send things back ov...
July 16, 2024
Didnt exactly do wonders for Hillary Clinton four years ago. Were on the latest theme park controversies going on in california. Walt disney land not open yet. Doesnt look to open anytime soon, even though businesses in and around the Magic Kingdom over there are beginning to reopen. Meanwhile the Magic Kingdom on the other side of the country, florida, disney world, very much open. Were on top of all of those developments including getting ready for the the big debate tomorrow. The markets have...
July 16, 2024
Sharp snapback connectivity. It is a phase four package necessary . I think it is. The economy can get by without it until the election. Will bringnistration forward fiscal stimulus plans. I think we can make it to there. It is necessary as long as we get it in the next 12 two quarters, i think the recovery will be ok. In the meantime things are a delay ing, and ongoing negotiations does not help things. I think it hurts confidence and slows down economic momentum and prevents a quicker recovery...
July 16, 2024
Entire party further to the left . To get a sense of that, we welcome someone with vast experience on wall street as well as in washington, he is Ralph Schlosstein, cochairman and coceo of evercore. Great to have you with us as always. Youve described yourself as a fiscal conservative but a social liberal. Side, fiscal conservative are you concerned joe biden is tacking to the left to make sure he keeps the bernie brose with him . Ralph not really. If you look at Vice President bidens record in ...
July 16, 2024
I think of smart, i think of decent, someone with integrity, someone who is honest, and someone who has provided myself much counsel. It has been very wise and also i want to do just thank you for your support on many of the provisions of this bill. Moment oft take a personal privilege to say to you one of my fondest memories was my visit to your district in gary, indiana and you were bringing me a bag of white castle hamburgers. I mean a bag. I will always be indebted to you, mr. Chairman. I va...
July 16, 2024
Live on capitol hill, the House Appropriations committee working on 2021 spending levels today. One of the measures they are working on his defense spending. 694. 6 billion, an increase of 1. 2 billion from 2020. Congressman a nita lowey chairs the committee. I will say good morning again. I call this meeting of the committee of appropriations to order. Before we begin, house rules require me to remind you that we have set up an email address to which members could send anything they wish to sub...
July 16, 2024
This morning. Mike is keeping an eye on that commute for you. Meteorologist kari hall is tracking the weather. Yesterday, kari, the weather was nice. I did not work out, but i did take a walk outside to a restaurant. Oh, nice. We are doing whatever we can to take in our nice weather, enjoying a little bit more time outside. Thats where we are safest as we are trying to socially distance, too. A live look outside in walnut creek were starting out with some clouds and temperatures mostly in the up...
July 16, 2024
Chair lowey i will say good morning again. I call this meeting of the committee on appropriations to order. Before we begin, house rules require me to remind you that we have set up an email address to which members could send anything they wish to submit in writing. That email address has been provided to your staff. Our first order of Business Today is consideration of the department of defense appropriations bill for fiscal year 2021. I will not recognize to present the bill. Thank you, madam...
July 16, 2024
Cases continue to surge at home and abroad. The World Health Organization reports a oneday high for global infection. Japan plans to pitch for ancial workers under g workers uneasy about their future. Lets take a look about a look at how markets are setting up. Asian risk assets likely to see a selfstarter this monday as a sections are weighed up against improving Economic Data. We have a calendar today with hong kong pmi and indonesian Consumer Confidence on cap. Kiwi stocks, little change. Flu...
July 16, 2024
Alltime highs today and if you just looked at the market, you would have no idea, frankly, about the civil unrest across america, as thousands continue to take to the streets to protest Racial Injustice and inequality demonstrations last night a little more peaceful than on prior nights were going to dive into what could be a Tipping Point here in the u. S. Power lunch starts right now tyler, thanks stocks are at their highest level in three months as the rebound continues at a furious rate for ...