Good afternoon, everybody. And everybody who is looking at us virtually and everybody in the security line trying to get in and everybody who will be watching us sometime soon on a cable network. I am jane harman, president and ceo of the Wilson Center. Today we are probing a complicated issue that is bedeviling policymakers all over the world. At least three parts of the china, and the u. S. , the 5g supply chain. Produced, center has at me get my prop, this is spectacular policy brief by melissa. There is moreled, to worry about then while way. I think you get the gist of this. Walk to get this and read it. Meanwhile what captures the attention around 5g is the china has developed superfast networks which will power edge technology. Since Chinese Companies are required to comply with information request from Chinese Intelligence Services, officials are concerned companies who want to incorporate this Chinese Technology will and up compromising their data and data of their users. Beer
Good afternoon everybody. Everybody who was looking at us fruitfully and in line in the security line to going to get in, and everybody who will be watching us sometime soon on a cable network. I am jane harman, president and ceo of the boston center. Today we are prepping a very complicated issue that is, you might be doubling of policymakers, in washington and all over the world. At least three parts of that problem are, the u. S. , china, and the five g supply chain. The Wilson Center has just produced, leaving my prop. This is the prop. A spectacular policy brief by Melissa Griffith who is in the front right here. You will see her ill obit. Which is entitled, there is more to worry about than what way. I say you get the gist of this. She will explain in detail but run, dont walk. During this to get this and read it. Meanwhile, what captures the attention around 5g is the china based weight has led the way in developing the superfast networks which will power some carving car Virtua
Season just step away from the roulette wheel because if you try to trade around the quarterly reports, you are going to get singed, if not burned after a record day, where the dow gained 27 points hallelujah s p climbed 2 , nasdaq inched up 0. 17 . That was easy earnings season is devastating for traders. No if you want to invest in a stock before reports and buy things if the stock gets hit thats another thing but trading no thanks. I didnt always feel this way. My Old Hedge Fund i used to place heavy bets on what would happen before it happened. I had as much legal information as i could get my hands on and always thought i had an opportunity to make a good call ahead of time but that was before regulation fd when the government leveled the playing field. When i was running you could meet with execs with small Interest Groups other people didnt want access or privy to that is illegal. These days everyone has access to the same information at the same time. I think thats fabulous. No
Now. As that that starts its twoday fomc meeting for this month. Were are fears of brexit as head towards june 23 and the referendum in the u. K. U. K. Ferendum in ,he s p is still not that bad youre today or from the yearly lows. Or from theate yearly lows. Still up about 13 or so. Even with this slide down, we are doing well year to date. Lets take a look at the imap function. The 10 sectors in the s p, we have a fairly big lean towards the negative territory. Financials down the most by about 1. 5 . Material is down 1. 4 . Telecoms up. 2 . We did hear about the fcc and that neutrality rules. Net neutrality rules. Ricin and at t getting a pop because of stability moving ahead. Getting a and at t pop because of stability moving ahead. The fed meeting today and tomorrow come Interest Rates on the minds of many. Take a look at where we are with yields across the world. The german tenure is down three basis points. 10 year is down three basis points. Swiss as well. The 10 year yield is d
The story totally captured the scythe geist of yesterdays trader but missed the theme of this mornings rally with the dow up 225 points. Cheap gas lean might repeal, might because we gave upmost of the days gains when still one more decline in crude this tile in the last minutes of trading curtailed the stock market rally. Dow advancing 6 three points and s p climbing and nasdaq jumping. 52 . Still in the block. A lot of consumer oriented stocks performed fabulously. Remember the battle here. Will the credit wows of the new stretched American Oil Companies chi bosch the strength that should come from shoppers who are benefitting enormously from a cheap gasoline stimlaos plan better than anyone i see the government offer or to put it in terms we can understand. Will the consumer cavalry arrive in time to save the pilgrim economy from the vagaries of the wildcatters with oil continuing to come down as it did today dropping another 1. 50 closed below 60. We didnt see who would have the up