I will tell you about some of the stocks benefiting from all of this. Well revisit iposs that were launched in great fanfare last week. How they are holding up today. Well be monitoring what make as bear Market Correction as you know. Many market averages themselves are at or close to corrections from highs. Some of them reached a little more than a few weeks ago. So as stuart was pointing out some perspective is in order here. A lot of this has to do with, well a lot of things. Not only renewed spike in cases were seeing in the likes of the United Kingdom and france. In fact the uk theyre revisiting another possibility of another lockdown. That is what is going on in israel, they are in their second lockdown and theyre not very happy about it. Then we have cases here. Four states in the United States that have 15,000 or more deaths recorded. California joining the likes of new york and new jersey and texas. So were monitoring that. But the numbers here are actually stablizing even as
Well debate that today with Investment Committee bob dimond is here with us today. So is jeffrey curry. He will tell us where oil is likely heading next. Lets welcome in the Investment Committee. Joe is here. We said bob dimond is here the former ceo of barclays bob its great to have your insights today into the collective mix. Your money is on another wild ride you tell me. The dow hasnt gone up two days in a row for more than a month we had a thousands point gain which is 145 points. What does it tell you about whats happening i tweeted out last night been consistent i said sell the rally. I think you continue to sell rallies. Until we see the coronavirus cases peaking in the u. S. , i dont believe were going to see the bottom of the market the market may be discounted by a bit. Here is how i look at it in a very basic sense 2019 were about 30 based upon the thought were going to have a return to growth five quarters of Earnings Growth since we didnt get that and theres doubt as to w
The committee will come to order. Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, mark zuckerberg. Facebooks plans to create a digital currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy, and the stability of the Global Financial system. I and other democrats have called for a moratorium on facebooks development of this digital currency, libra, and digital wallet until congress can examine the issues associated with a Big Tech Company developing these Digital Products and take
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
Interjected. It was supposed to be a 30 day period and we have been there for many years. Speaking to both sides, we have told president erdogan how we feel. But we are speaking to both sides and seeing what can be made out of a situation. But we have no soldiers in the area. We are getting out of the endless wars. Have to do it. And eventually someone was going to have to make the decision. Frankly, we are getting a lot of praise for that decision. People are saying bring our people back home. We were serving as a police force. We defeated isis. We defeated the caliphate 100 . Erdogan and the existing groups of people, including kurds. K,u have the bak the pk which is a natural enter enemy of turkey. They have been fighting for many years. They are bitter enemies, possibly always will be. So, we are out of there. We have been out of there for a while. No soldiers whatsoever. We are taking some of the most dangerous isis fighters out. We have taken them out and we are putting them in d