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Loot because somehow like we cant talk about the bigger systemic issue like the looting from the top the Central Banks then the private equity and then the banks and then all this like lets target our fellow ordinary shmucks citizen because thats the only person we have power over we can throw rocks and destroy their business it gives us some sense of of closure of fulfillment that weve done something because we cant touch best as we cant touch the system we cant touch the financial or Monetary Systems well i think theres also something going on here in terms of the left is sensing a loss in november election and theyre trying to cause trouble theyre stirring the pot and theyre trying to get a little bit of a civil war going that they can blame trump for that and but one way to do that is by saying its ok to loot the Small ....
This as crude is also getting a lift. We were talking about the deal between the opec members cutting back supply. Take a look at the high yield etf, this as the fed says they will support the fallen angel market, those credits downgraded on march 22 from bbb to bb. Take a look at this curve. Yields on the front end falling after thesis points fed said that they would expand their facility program, buying shortterm notes from issuers as they engage in some deficit financing. I want to bring in our next guest. He has been talking about bears in hibernation as the fed is trying to increase that 2. 3 trillion stimulus program. Some of the small and midsized businesses. Some of the jobs numbers this morning. We got reaction from fed chair jay powell. He spoke earlier. Take a listen. We are deploying these lending powers to an unprecedented level, backed by the congress and treasury. We will continue to use these powers forcefully and aggressively until we are confident we are solidly on th ....
Stop at 11 00 am this morning, weve got a series of votes, ant we are going to observe an actual ten minute clock. Its the first time in senate history, but thats the goal this morning. So we want to be able to hear from everyone this morning, ande have an opportunity for the very, very important conversations regarding this issue. We are here today to discuss the impact of wildfires on the reliability of our electric grid and efforts to mitigate wildfire risk and increase grid resiliency. In recent years, devastating wildfires and related electricity blackouts in california have drawn National Attention to the challenge of maintaining grid resiliency in the face of extreme conditions. Tragically, we remember last years camp fire, the deadliest and most destructive fire inou california history, which incinerated the town of paradise, killed 85 people. Ve state investigators determined that the fire was caused by degraded, 97ye ....
Now if we take a look at the impact of wildfires on the u. S. Electric grid, mitigation technology, Forest Management and power system reliability. Good morning everyone. The committee will come to order. Last hearing of the year here. Theres a lot going on this morning so i think we will have people popping in and out but we do have a pretty hard to stop at 11 00 oclock this morning. A series of votes that are beginning at 11 00 a. M. And we are going to observe an actual ten minute clock, we are told. It will be the first time in Senate History but that is the goal. We want to be able to hear from everyone this morning and have an opportunity for the very, very important conversations regarding this issue. We are here to discuss the impact of wildfires on the reliability of our electric grid and efforts to mitigate wildfire risk and increase good resiliency. In recent ye ....
Inventory data at the bottom of the hour. Brent crude holding just below 59 a barrel. Snapping a two day win streak, i would not call that weakness but moving slightly lower. Guy you and i are of the same mind because i think we need to just view the rally that we are getting in equities with a little bit of wariness and weariness as well. We are basically where we were three days ago. People have been getting excited about this rally this morning. I think you take a look at the mediumterm chart, maybe you would get a little bit more perspective about that view. We are up by 7 10 of a percent. European stocks are up a little bit. One thing i will say is the sector breakdown eventually, the sectors that are winning today are the ones that are most exposed. The stoxx 600 up by 1 10 of 1 . We are seeing some of the market currencies, the rand and the ruble trading reasonably strong. The east africa rand is up. Our top turning down to story, china reportedly still open to a partial trade d ....