Good morning, everybody. Im becky quick and welcome friyay were watching the equity futures. Three down days in a row, but the dow did make a pretty stunning recovery, down actually over 300 points after the numbers at 8 30 yesterday that showed that initial jobless claims were higher than anticipated. Ended down by 20 points at the end of the session this morning dow futures down about 13, s p s p are flat lining, nasdaq basically flat lining too well be watching this closely to see how people shoring things up you as we head into this weekend. And also take a look at what is happening in the treasury market the ten year which yesterday fell back below 7. 0 and now is 7. 26 . Lets talk about what happened last night. President trump and former Vice President biden making their case to the American People on dueling town halls i was sitting there with my remote going back and forth, both events focusing on the Trump Administrations handling of tGlobal Pandemic. Do you support herd immu
Care and critical infrastructure. Soon it will be where your refrigerator is and things you wear in your car. Ouruse we have connected whole lives, the people who would do is home harm, that is where they come. For our children, as secrets, our infrastructure. It cuts across every responsibility that the fbi has. I was in indiana and someone was responding reminding me of the great vector change of the last century. It was the combination of the automobile, which introduced a new kind of crime to this country. Criminals can travel very quickly. It was important to have a National Resource to respond to that. I was reminded of it while they were talking to me about John Dillinger. I said in response, John Dillinger could not do 1000 robberies in the aim day in all 50 states in his pajamas halfway around the world. That is the challenge we now face. It is a internet, challenge that we are trying very hard to respond to and attract and retrain great people and given the technology they ne
Its a pleasure to be here today to talk about the i. P. Transition. But before we do what i want to talk about is another transition thats been occurring and thats directly related, and thats the transition of our networks from copper to fiber. Of course its generally understood today Everybody Knows that fiber to the home is the best Broadband Network possible and one that many are striving to obtain. When verizon started to roll this out ten years ago it wasnt so obvious and we got a lot of questions about why we were doing this. Who needs 30 megabits per second . But Everybody Knows today that we need much more than that which is why were now up to 500 per second over the fiber and much more to come. So fiber is an important part of the i. P. Transition and a basis for the i. P. Transition. But the transition of voice from copper to fiber doesnt depend on i. P. And thats what i wanted to talk about for a few minutes. So fiber started in the Telephone Network many years ago. There ar