Theres no room for the public, but this is all streaming and there will be an unedited version that anyone can watch later. Our witnesses are participating by Video Conference today and some senators are as well. I would like to Say Something about mass. The office of attending position that he says since were six feet apart, we dont need to wear masks, although some may. I have one and i wear it outside because as dr. Redfield reminded us yesterday, its extremely important tool for stopping the spread of covid. Im grateful to the rules committee. Sergeant arms, the capitol lice and chun check and Evan Griffith and the people with all their hard work in helping us keep safe and helping us do these conferences by video which everyone has become pretty expert. Senator murray and i will have an opening statement. Well turn to our witness who we thank for being with us today. Each witness if you would summarize your remarks in five minutes, that would leave more time for questions and answ
Since the. C do thtcom bubble. And your rbi has a stock market stat that should make all you market bulls feel really good on a tuesday. Youll like this one it is tuesday, november 10th, and this is worldwide exchange. And i know youre all not fans, but why not . It is that kind of a day and they did it for me good morning, good afternoon and good evening from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us on what could be another big market day after mondays wild vaccine fueled ride for most stocks, here is how things look to take off on a tuesday and dow futures are up nicely once again up 230 but not all wine and roses out there. Look at nasdaq futures, they are he lower once again as well. Well get to that in a few moments. The dow coming off more than 830 point gain for its best day since early june and nearly breaking back above 30,000 one area of the market left out of the big rally, big Tech Technology stalling late in the day and actually
5, 6, seven major stories, are driving us forward. Simply an open question with all that is going on, what has your eye this morning . Jonathan the italian bond market. I know that feels a bit off the beaten road, but right now rallying aggressively over the less capital weeks. Look at the spread of btps to german debt at the moment. It is about 20 basis point. That was about 280 earlier in the year. That is one to watch in the debt markets. Tom bond price up, yield down. What is the why . Is it a flight to quality . Jonathan reduced redenomination risk, i am not sure we are completely there yet where we can say that this market now trades like a proper sovereign. What that means, we used to question how long some of these countries would play into the euro zone. The risk of redenomination, moving out of the euro and being repriced in a different currency. The fiscal backstop of a couple of months ago, even though it has not been fully implement it, i think that gave people some confid
Captions Copyright National cable satellite corp. 2008 lets turn our attention to one of the important issues, and it is this. 20 Million Students and their families are in the middle of what has to be the strangest first semester of college in at least a century. Almost everything has changed for students except one thing, students still have to answer 108 questions on the dreaded fafsa form, federal aid application for pell grants and Student Loans to help go to college. For years now ive carried around the fafsa as a prop to make the case for simplifying it, but its no joke, especially this year. Many students are questioning their investment in a College Education at a time when many classes are only offering online courses, many of low income students who would benefit most economically from college long term are putting it off altogether. There was an 8 drop in the number of black undergraduate students enrolled in summer sessions compared with last summers enrollment according t
First a few administrative matters. We have gotten advice from the sergeant at arms, the health and Human Services centers for disease control, individuals in the hearing room will he at least 6 feet apart. There is no room for the public and therefore but this is all streaming and therell be an unedited version of it that anyone can watch later. Witnesses are participating by videoconference today and some senators are as well. I like to Say Something about mask. The office of attending physician has said since we are 6 feet apart we dont need to wear masks although some may. Thats why my mask is off. Although i have one and i wear it outside because as dr. Redfield reminded us yesterday its extremely important tool for stopping the spread of covid. Im grateful to the rules committee, sergeant at arms the press gallery and the Capitol Police and chung check in the Evan Griffith r. Staff, all their hard work in helping to keep us safe in helping us do these conferences by video with wh