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Oil, 41. 40 we talked for a long time about mike pences hawkish speech on china from a year or two ago but pompeo yesterday oneupped that and this consulate news from china is weighing on sentiment too. Yeah, he upped the ante jim did focus us at the time on Vice President pences speech because it was quite truck lant would be a word to describe it at the time but it continues to go up in terms of the tensions, carl weve talked about it pretty much every day, whether its a backandforth over huawei, whether it has to do with conversations about closing down the app tiktok in the United States, whether it is the closing of consulates here and the response from the chinese. This is not going in a direction that many, who at least are invested in the idea of global trade, certainly, mike, would wanting to see. For sure. On the one hand the market is not necessarily overly focused ....
Positive impact on very sicko individual patients. And of course, jim, we had the announcement today that the fed will begin buying individual Corporate Bonds, not just the etfs that hold those bonds but the actual bonds themselves. That certainly helped. Whats your take this morning . Well, look, i think each one of these can be debunked took this drug for two months. It was okay. I switched to prednisone suddenly we discovered this was a big breakthrough what were the doctors doing . Did all of the doctors get it wrong . Did they realize it was not swelling around the body and just focused on the lungs. Its like, okay, idiots honestly, i love the doctors, theyre great. But come on, how did they miss this and look, david, the gunners all want the stocks to go higher, right . And the fed is buying bonds that we would normally i mean, maybe the fed buys hertz bonds and takes them up to the point where maybe hertz is good. I dont kn ....
Good afternoon and welcome to the aspen institute. I am the executive director of the Strategy Group and formed and its a great pleasure to see this crowd. You will all be on cspan so be on your best behavior. We are here to launch an important book on the future of the u. S. China relationship called the struggle for power u. S. China relations in the 21st century. I want to say a word about that but first, recognize distinguished guests. I want to recognize the cochair of the organization, former secretary of state, Condoleezza Rice whos here with us. And youl you will be hearing fm secretary rice and about half an hour she will be one of our conversationalists. The harvard emeritus professor could not be here with us but is very much part of this effort. I want to pay tribute to the former secretary of defense and a very good friend of mine, secretary bill and mrs. Janet ....
The aspen institute. I am the executive director of the Strategy Group and formed and its a great pleasure to see this crowd. You will all be on cspan so be on your best behavior. We are here to launch an important book on the future of the u. S. China relationship called the struggle for power u. S. China relations in the 21st century. I want to say a word about that but first, recognize distinguished guests. I want to recognize the cochair of the organization, former secretary of state, Condoleezza Rice whos here with us. And youl you will be hearing fm secretary rice and about half an hour she will be one of our conversationalists. The harvard emeritus professor could not be here with us but is very much part of this effort. I want to pay tribute to the former secretary of defense and a very good friend of mine, secretary bill and mrs. Janet calling. Welcome. [applause] ....
House considering Financial Relief for workers and businesses impacted by the virus. This is what the president said yesterday. We are going to be asking tomorrow, were seeing the senate, well be meeting with house republicans, mitch mcconnell, everybody, and discussing a possible payroll tax cut or relief, substantial relief. Very substantial relief. Thats a big number. Were going to be talking about hourly wage earners getting help, so that they can be in a position where theyre not going to miss a paycheck all right jim, we have a presser at 5 30, but right now dont expect specific proposals i think theyre mulling over some things. Theyll give direct support to workers, which is fabulous a lot of workers live hand to mouth. Theyre coming to work even though she shouldnt because theyre sick and this is a great holdover Small Business loans, they can expand that greatly. W ....