Upside. Looking at commodities. Crude moving to the upside. A big move to the downside with , on the vaccine and signs of Economic Growth in the u. S. Particularly helping people not to look for havens or avoid havens, get out of them. Gold down half of 1 . Bitcoin surging up again, it has above 18,500. Juliette lets get the first word news. The head of the u. S. Government Coronavirus Vaccine program says results of trials by astrazeneca show encouraging signs it may help block the most severe cases. No one given the vaccine developed severe covid, while 16 people on the placebo debt. He called the results excited. Nine, reports 70 process astrazeneca report 70 success. The centers for Disease Control a model shows weekly u. S. Cases and deaths rising every week for at least the next month. Italy is the Second European nation to report 50,000 total fatalities. The u. K. Is extending lockdown next week in favor of even tougher regional curbs. Reports from washington say the Trump Admin
It did not shy away from staying there. The dollar continues to be weaker at 93. 20. A strong british sterling. 1. 3082. In euro also a little stronger. Crude oil at 42. 20. A rare glimpse into the Research Division at bridgewater. Our next guest overseas a team of over 150 at one of the largest hedge funds. We are in a new era of policy. Kareng us now is karnioltambour of bridgewater has 100 60which billion in institutional investments. World . Isn np3 karen as the world changes, investment need to change with it. Interest rates were the primary driver of fed cycles. The fed lowered and raised Interest Rates, and that was the most important thing to drive the economic cycle. Then we got to the financial crisis, and quantitative easing became the most important lever. But at the end of the day, you can print all you want but the Federal Reserve doesnt have the mandate to figure out who will get the money. A lot of money went to Financial Assets and not the real economy. Andworld is cha
I is possible. They also appreciate the chance to bring some ten i ten unseat e Trump Administrations work speed effort. This transparency will be crucial to secure the american Peoples Trust that the vaccine will be made available only once it is proven to be safe and effective. Congress has already taken actions to support these efforts. This spring, congress provided the Vaccine Development and manufacturing of birds and other medical countermeasures. Then two months ago the house passed the heroes act, the comprehensive legislation to strengthen the nations ability to fight the pandemic like altering the Strategic National stockpile and increase funding for Research Development and manufacturing vaccines and treatments. It would also require the administration to get to congress a vaccine plan identifying the activities undertaken to manufacture distributed vaccines safely. The house passed the act more than two months ago and the senate has failed to take it on into the death rate
Who i see on my screen here, until im willing your evil to return, documents for the record can be sent to Benjamin Taylor and the email address we provided to staff. All documents will be entered into the record at the conclusion of the hearing, and i want to inform all members and witnesses that we are expected to have a series of hearings on the floor all day today. I expect that what we will do is we will rotate through, so that both on the republican and democratic side, so that we will be able to continue to hearing as seamlessly as possible, when the chair has to go, mr. Pallone will preside, and vice versa mister guthrie, i would hope that the republicans can do the same thing. The chair will now recognize herself for the purposes of an Opening Statement. inaudible my question is, are you needed, chairwoman . I was muted because my staff is looking for my Opening Statement, which was not included in my briefing outlook. I will make my Opening Statement in just one moment. Mr. P
Of pete peterson. Holding its plan to fill up on the nile ethiopia is now keeping for deal with egypt and sudan within a week. And joining us now with the sports and warning the n. B. A. Season maybe will take the significance spread of coronavirus up to 16 players tested positive. So then the enormity of the Creative Arts crisis is triggering fears about the ability to treat patients in some parts of the world india now has more than half a 1000000 infections driven by another record daily increase in us just a few hours ago the Capital Region in new delhi alone expects that many cases by the end of july and thats led to worries about a shortage of medical equipment and it scramble to build temporary facilities on friday the United States reported its highest increase in cases since the pandemic began florida and texas among states delaying efforts to reopen and increasing restrictions and europe is forging ahead with reopening but it struggling to reach consensus on how to do it e. U