Continue to will investigate each and every instance of illegal voting. Double voting, phelan voting, people voting outofstate. Outofstate. I want to remind members of a few matters, some of them required by the regulations accompanying House Resolution 965, which established the framework for Remote Committee proceedings. First, members are reminded to on atheir video functions all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they have finished speaking. Staff have been instructed not to mute members except when a member is not being recognized and there is inadvertent background noise. Members are further reminded that they may only attend one remote hearing at a time. If you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the hearings. Particularly during the questions. If during the hearing
Euroyen shows you the dynamic away from the dollar, translated. It is all about the weaker dollar across the board when i look in yields, i really look at the inflationadjusted yield as a 0. 92. 2012. Reaches the jonathan 2 trillion and 99 days. A 2 trillion spread between democrats and republicans, and 99 days until the election. You have to believe the president steps forward and says it needs to be bigger. Tom no question about it. The president just reads the riot act to his republicans about losing the house, losing the senate, losing the presidency, and getting out. I dont think it is 1. 5 trillion where we are heading with mr. Trump. What i would focus on in a week of Technology Earnings is that equities are so resilient here compared to what else you and i see on the bloomberg terminal. Jonathan a massive week ahead. Lets get to the morning brief. A fed decision coming up later this week. Tech earnings in the mix. Latere get u. S. Gdp data in the week. Heres the price action to
Returning money back to investors. Whats behind it and what it means for the Hedge Fund World the Investment Committee is ready to go. Halftime report starts right now. Good to have you with us. Our Investment Committee in front of you right there, joe terra nova and pete that jdiana becky quick reporting it could come as early as today, 5trillion did assets under management best day since 08 Charles Schwab for its best day since november of 2011 a lot to talk about here. The potential synergies are all about costs. If you think about it, Td Ameritrade has been this serial acquirer over the last couple of years and have been able to with scott trade have cost synergies and in terms of reduction of 60 to 70 i dont think youll have that type of Cost Reduction here with Charles Schwab i think it will be somewhere around 40 to 50 in terms of cost synergies but a strong dea for them specifically. Obviously very negative for etrade. I had talked about a couple of weeks back that etrade poten
10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2
Police . Guest i think i we are leavingt this to honr our more than 45year commitment to live coverage of congress. The house is coming in to debate three bills, including one to allow mine waste to be stored on public lands. Youre watching cspan. The speaker pro tempore the house will be in order. The prayer will be offered by chaplain kibben. Chaplain kibben would you pray with me. As we face the day that lies ahead, send us out to serve you, dear god. May we be faithful to keep your commands. May we take time to enjoy the fellowship you provide. May we be eager to be loyal to you. And may our deep desire to be worthy of you sustain us when so many other things clamor for our attention. These are indeed challenges times challenging times but we trust that you hold them in your care. Give us wisdom to appreciate the steadfastness of heart and soul our service to you requires. In a world where efficiency all too often overrides effectiveness, may our goal be your intent for our energie