Patrick Mchenry News Today

You have run one of these. You know what a gargantuan task it is. How difficult is it because we have been delayed getting it started . Valerie needlessly hard. The president elects team has been assembled, they have been working diligently on policy and staffing recommendations for the president elect, both in the white house and in the cabinet. Withe midst of a pandemic, millions of americans losing their jobs, it is more important than ever the agencies be available to the Transition Team. I ...

The system . Michael no. He repeated that comment today as his parts of efforts to Tell Congress they need to do more in terms of lending programs, more in terms of fiscal support. Strategy oferall letting inflation run hot or is designed over the longterm to try to help by not cutting off credit to the economy when it starts to reach the lower levels , when Economic Growth starts to help the people he was talking about, which is what they did in the last expansion. Where theill take a long tipe...

The dow down by almost 1,000 points the decline of 1. 8 . S p by over 8 the nasdaq a miracle come back after a laydate rally weve been bouncing around positive territory right now, the dow down around 14 points, s p up about seven points and the nasdaq up about 70 points. We are talking about a town month for the markets, we are looked at four sessions in a row. Thats the longest losing streak looking at these numbers, you are talking about these lower numbers. Month after month i think we had a...

And continues on into the fall campaign, which has started now. That is sort of divide and conquer. He looks at the political equation as those who will support a very clear black and white option. The black and white option for years ago was the border and immigration using almost the same rhetoric that Illegal Immigrants were drug dealers, rapists and murderers. Transitioned has into his description of social unrest around the country. David does that put joe biden in a difficult situation . H...

Still in the red but a much better picture than it looked this morning. Abigail what a roller coaster on the day and the week. We had big gains from apple and tesla. This week, not so much. Nonetheless, the worst week since june for the s p 500 and the nasdaq 100 since march. The nasdaq down 1. 3 . Pressurehat selling really came off. The new york faang index down 1 at the end of the day. Some of this happened as value money seemed to give a tailwind to the macro sentiment. Yields really backing...

It started out boring earlier this morning. It is not boring anymore. John will do jon will do a data check. 0. 5 inaq 100 up a good the last 30, 40 minutes. I am going to say that the chancellor of the exchequer, or the egg shells, whatever it is, giving a speech in the United Kingdom really talks about the stimulus to come. That has been the underpinning to a good feeling about this market. Jonathan this is smart policy we are seeing from the u. K. , and it lays down a market for fiscal author...

When you say a line, more than two people i think they have to be at work at 6 00 or something. I was upstairs getting my coffee everyone had a mask on but there were six or seven people out there waiting. Were you one of them . I was notone of them. Much better smelling. That would be from your standing and not max cutting the losses in half. Im willing to give that to him . I have to say, Brian Sullivan puts on a very good show i appreciate the lead in i listen because i do my hair and make up...

Moreid things were much complicated because of the chinese. He also said the phase one deal on trade was a strong agreement. He expected to be implemented. Is he right. Is a good agreement . Us i am not sure it will be implemented. The world has changed a lot. U. S. China relations have changed quite a bit. Frayed, given that large tariffs have been imposed on china, and the campaign rhetoric, which is very , some of itst china very valid, like the actions in hong kong. On top of that, covid19 c...

You can describe it, connell. John bolton, the former National Security advisor for President Trump, his book is set to be due out on tuesday and an excerpt has been published, wall street journal, other outlets i believe as it relates to President Trumps meetings with president xi facetoface when it came to hammering out the trade deal between the two countries and it raises some serious questions about those oneonone interactions. In a passage just posted to the wall street journal, bolton wri...

Narrative is that President Trump and the ministration looking to get things back to work, even as the coronavirus is now firmly in the white house itself and the administration. We have the likes of Cardinal Health 5. 2 , and some of the other Health Care Stocks like gilead, eli lilly up more than 2. 5 apiece. Under armour continues the guidance story, not giving any indication of what it is expecting, but says the Current Quarter will be the most impacted by the coronavirus. Shares are down ab...