Wear something new from starbucks could ramp up the nonmeat meat wars it is tuesday, june 23 good afternoon. Welcome. Inbri i am Brian Sullivan futures are up triple digits again. Dow indicating a gain of about 200 points it is early but it wasnt always this way you had comments from white house advisor Peter Navarro yesterday telling fox news the trade deal with china is over. Do you think that president sort of he obviously really wanted to hang on to this trade deal as much as possible and make good on the promises because there had been progress made given everything that has happened and all the things you listed, is that over it is over. Apparently he had some comments there but what he said was that the trade deal was over that sent stock futures down nearly 400 points last night the white house quick to walk back those comments, however, and put markets at ease. The president tweeting last night, the trade deal is still on if china can live up to its terms and in a statement to
I see that we have a quorum. Before i go forward, i understand the speaker of the house, ms. Pelosi will be stopping by. I must consent that she participate at any point she rise during the hearing. There she is. Madam speaker, would you like to make some remarks . Speaker pelosi thank you very mr. Chairman. For having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken and the bipartisan house and Senate Democrats and republicans with one voice and defense of those being oppressed by beijing in support of freedom, justice and real autonomy for the people of hong kong. We continue to urge president to hold chinese officials abuses,ble for including taking steps under the hong kong human rights and democracy act. We must consider all tools available, including economic penalties. Here today i am very honored to join the general secretary Hong Kong Confederation of trade union. Carl peterson, law o
A new flu strain in china is seen as another potential pandemic. Investors dont seem to care. U. S. Markets close out their best quarter since 1998 with the s p 500 up 20 . Gold trading near 1800. Picture when split it comes to these gains we are seeing across equities and the continued gains we are expecting to see in asia. Havens still seeing those gains as well. Above 1800 for the First Time Since 2011. This is what we are setting up for in terms of the first day of the new quarter. Up by 1 10 of 1 as we get some analysis later of those numbers. Atwell as dollaryen trading 10 75. A little bit of Dollar Strength at play. Weakness when it comes to trading in the aussie dollar despite the jump above 69 u. S. Dollars from the back of those better than expected u. S. Pmi numbers. We are continuing to watch out for Market Reaction as to the geopolitical headlines to do with hong kong. Right. Lets turn to the city marking 23 years of chinese rule with the president signing a Landmark Secur
A significant chunk well into the millions, i dont want to give you a number because its going to be a guest but well into the millions. People who dont get to go back to their old job and in fact there may not be a job in the industry for them for some time, there eventually will be but there could be some years before we get back to those people finding jobs. Maria joining me now to talk about the economy and how to invest is a professor of finance of the school of university of pennsylvania jeremy siegel, it is great to see you this morning. Thank you so much for being with me. Good morning, happy to be here. Maria lets talk about what we heard this week, we had the Federal Reserve say there will be millions of people unable to get back to their jobs for many years, they may very well not get back into the same job, you had on thursday another round of unemployment benefits, one and a half million additional people filed for unappointed benefits and of course they market selloff as
Rep. Sherman the committee on Foreign Affairs will come to order. Without objection, the chair is authorized to declare a recess in the committee at any point, and all members will have five days to submit statements, extraneous materials, and questions to the record subject to the length and limitations of the rules. To insert something into the record, please have your staff email the previously mentioned address or contact the full committee staff. I see we that have a coram and before i go forward i understand the speaker of the house, ms. Pelosi, will be stopping by, and i ask unanimous consent that she participate at any point she arrives. And there she is. Madam speaker, would you like to make some remarks . Rep. Pelosi thank you very uch, mr. Chairman. I thank you and mr. Mccaul, mr. Eliot engel for having this hearing today. It is with Great Sadness that i come here because we had such optimism and such hope. The u. S. Congress has always spoken in a bipartisan house and senat