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June 25, 2024
U. S. Energy grid and the areas that should be prioritized. This runs two hours. This hearing will finally come to order. Obviously, four votes and members going home have put time crunch on this committee. I want every member to know whether youre republican or democrat, ten terms or first term, youll have a chance to ask our witness your questions. But that means ill be very aggressive with the gavel to ensure you stick to the fiveminute limit. And heres my example. Im giving myself five minut...
June 24, 2024
Politics and prose. We welcome all of you as does our fabulous staff. Before we get started, i just want to mention a few housekeeping matters. If you do have a cell phone or device that may make in our own welcome, please silence it. We would appreciate that. I also would invite you if you have a question to please come to the microphone right here. We are videotaping this. We also have cspan here. Its really helpful if people can hear the questions. Lastly, you do not need to fold up your chai...
June 24, 2024
Discussing recession yet again today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whis...
June 24, 2024
Worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rate hike . How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and...
June 24, 2024
Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General Motors. General motors why . Because the profits are more at risk than people reallize in a...
June 24, 2024
Raise Interest Rates. And how can it be a march rate hike . How can that be on the table . Why are people so worried . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out declaration. Well have a recession because of the fed. Like this morning there was a piece of research from Morgan Stanley telling you to sell General ...
June 24, 2024
On a good day for the averages, i look at the other side of the trade. In fact, i think this might be the perfect time to discuss a dire issue facing the market. Everywhere i go, i hear the same question. Are we going into a recession . I get it from people who want to buy real estate, from people who come to the bar. I get it from people debating starting new businesses. Its in the air everywhere. Believe me, we would have been today if oil hadnt reversed course and roared back which caused the...
June 24, 2024
Discussing recession yet again today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whis...
June 24, 2024
Worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to and how can it be a march rate hike . How can that be on the table . So many like to grab a mike and tell us how great things are now. These conversations should be combined to sound like this. You mean to tell me we are going to have a recession and the fed will raise rates or just an out and out d...
June 24, 2024
Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel the need to raise Interest Rates. And how can it be a march rat...