Rally with a haven assets, and then volatility for stocks. Right now they are having rotation back into the cyclicals. That has not been the story on the week. Tons of uncertainty on the week. Bondswe have the yen and climbing early on monday. A big tell on some of the volatility we saw for stocks. Guy is there anyway david is there any way of knowing how much of this is on the fundamentals of actual news about coronavirus or jobs and how much is positioning . How many people had short positions that took off yesterday . Abigail i they get has a lot to do with uncertainty. You had a huge move down, and then the wave of liquidity from the fed to offset that decline. The fundamentals, people have views on whether there will be a orhaped recovery, a w, an l possibly something worse. When you have a move up 40 more , you have markets incredibly tight. Any piece of bad news will set to the downside. Not as much conviction near the top. You have the idea the virus might not be as strong. Tha
Federal agencies are working in response to the coronaVirus Outbreak. Ken cuccinelli is acting deputy Homeland Security secretary, and dr. Robert kadlec is assistant health and Human Services secretary. They testified before a senate committee. Topics included supply chain management, sick pay support, and travel issues, specifically, how the coast guard is working with cruise lines. This is just over two hours. Good morning. This hearing will come to order. I want to thank the witnesses first and foremost for your efforts as theyre related to the current, i guess weve got to call it a pandemic at this point in time, right . With covid19, the coronavirus. I guess its important to put things in perspective and i ask to submit my Opening Statement to the record. But i think we oftentimes fail to recognize and put this in proper perspective, so let me just rattle off a couple figures here. Ebola. Total cases worldwide ended up being less than 29,000. Now, i remember in the midst of that c
You uphold the universe by the words of your power. Today, walk with our senators as they work. Help them to remember that there is no purity without vigilance, no learning without study, and no mastery without discipline. Give them the wisdom to be willing to pay the price to honor you. Provide them with joy in service and devotion in discipleship. Infuse them with a spirit of power, love, and selfcontrol. We pray in your mighty name. Amen. The president pro tempore please join me in the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president . The presiding officer the senator from iowa. Mr. Grassley one minute in morning business. An oped i penned recently mentioned countries that still has laws on the books and it touched the nerve in bangladesh. I certainly didnt mean to imply that it was the worst off
Good. The steering will come to order. I want to thank you witnesses for your efforts as they are wed to the current have to call it a pandemic at this point with covid19 karate coronavirus. I think it is important we put ever in perspective. I asked my Committee Members to include my Opening Statement in the record. Fail towe often recognize and put this in proper perspective. Let me battle off a couple figures. Worldwideal cases ended up being less than 29,000. In the mist of that crisis, we were talking about this spreading and it could be a Million People. Which would have been a huge problem because ebola had a mortality rate of already percent. In the end, because of effective action on the part of the world health organization, Obama Organization administration, we prevented that from spreading. Less than 29,000 people contracted that. We have had other topics of ebola where we are Getting Better at it. We have developed effective vaccines that helped protect Health Workers and
This is just over two hours. This hearing will come to water. I want to thank the witnesses first and foremost for the efforts as related to the current i guess we have to call it a pandemic at this point in time with conv19, the corona virus. I do think its important we put everything in perspective and i would ask my Committee Members to include my pretend Opening Statement in the record. But we often times. Let me rattle off a couple figures here. Ebola total cases worldwide ended up being less than 29,000. I remember in a crisis we were talking about it spreading and could be a Million People which would have been a huge problem because ebola had a mortality rate of 40 , but in the end because of effective action on the part of the world health organization, the Obama Administration and resources we prevented it from spreading some less than 29,000 contracted it and about 11,000 died. Weve had other outbreaks where we are Getting Better and weve developed some relatively effective