Color, irrespective of party affiliation. We are one america. And lets try to act that way. And i close this briefing. Thank you. As that herring comes to a close, lawmakers discussing how the Veterans Affairs department, this is a live hearing getting under way now on cspan 3. If covid19 turned into a pandemic and portions of the United States Health Care System broke down the va may need to come back and ask for additional funds and since then congress has appropriated 17. 2 billion for vhas covid19 Pandemic Response and i was glad to help advocate for that funding. Now im not sure that many of us here on the dais know what to expect during that february hearing nor did we fully grasp the enormity of the Public Health challenges americans would soon face from the pandemic. This is largely because the administration failed to recognize these risks and communicate them to the American Public in advance of the crisis. Here we are a little more than three months later and exactly 90 days
Good afternoon. I call this meeting, i called the string to order. Without objection that shares authorized to declare recess at any time. We have a number of numbers participating remotely. Welcome. Before we proceed i like to go over some items for our members participating remotely. First, if you are having or expensing connectivity issues, please make sure you or your staff contact our designated Technical Support so those issues can be resolved immediately. Members participate in remotely must continue to use the video function for the duration of their participation in the hearing unless they expand connectivity issues or other technical problems that render the member unable to participate, to fully participate on camera. It is at the committees, it is Committee Policy that members participating remotely will remain muted when not recognized, just like turning her microphone on or off during an in person hearing. This is at a courtesy to all members on the committee and so that
After delaying its ipo and new details on facebooks newest project to develop augmented reality smart glasses. Worldwide exchange starts right now. Good morning, im Courtney Reagan in for Brian Sullivan this morning shares of fedex crumbling. The company missing on earnings and lowering guidance. Much more on that stock coming up you can see shares down more than 11 in the early going. Here is how your money and Global Markets are setting up their day. Stock futures are indicating a slightly lower average dow jones lower by 34 points s p by 4 and nasdaq by 10. 5. It is fed day. That is really the focus not just in the u. S. But around the world. Looking at the bond market we continue to watch closely the different between the 10year yield and the twoyear yield the two year is 1. 711 and the 10year at 1. 77. In japan, stocks closing slightly lower so nikkei down the hang seng as well. The composite is up by about a quarter. Everyone waiting to see what will happen when we hear from the
Decade, peloton tracking lower thats straight ahead. Stephanie is back. Some encouraging signs on the economy particularly in housing. We talk about this endlessly about the consumer being strong, manufacturing being weak really benefiting from low Interest Rates home sales at a 32 month high. Thats impressive. The other thing is nasdaq is up. This is where the momentum is in our economy. People are wondersing about the consumer i think its a very good sign. I own dr horton, home depot, stanley, black and decker. Im in this trade for sure dr horton is the home builder. We were talking about valuations youre talking about 12 times earnings, one and a half times book value i think theres a lot of pent up demand especially if rates stay low. You have the whole new generation, millennials starting to buy more. S p and dow down 0. 1 russell and nasdaq down more lets go to the ipos we went to peloton wild week for Companies Looking to go public and some names have already recently hit the ma
Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su