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Half. The subcommittee will come to order and i ask for unanimous consent to share be authorized to declare a recess at any time. Without objection so ordered. I want to briefly review the three commandments of the subcommittee. One is that we shall start on time which we just did so thats good. We will enforce the five minute rule that if time allows we will entertain a second round of questions, and it often does. But i bring this up i want to stress the third which is shall not use acronyms or jargon that is particularly important in this discussion because the discussion about ai can quick...

Through may 1. I know these are now Rearview Mirror probst. A harsher view on inflation. And the market got caught. The dow going down 200 points. And nasdaq climbed. 18 . We were doing fine today until these remarks were released. And then we had the sudden drop. Long since forgotten. Now what the heck id the feds say three weeks ago that could scare the markets so badly . Look, they were lamenting and inflation has not come down fast enough and might even be ticking up. Ever since the fed put the fall into normal rate hikes, which caused the stock market to go up. Well, the feds have been wa...

Of innovation. We hear from the microsoft ceo as their conference builds off. Actress Scarlett Johansson back against openai in the eerily similar voice. All of that and so much more ahead. We want to keep the record highs going. The nasdaq turns flats. Pushing forward to whats happening in crypto. We will get back to the major benchmarks in a moment but crypto has been a key story. All i shifting from what we saw was a spot bitcoin etf to potentially a spot eth etf. The nasdaq trading into positive territory. We are at a new record high for the s p. Not so for the stoxx 600 but all eyes focus...

The seventh hearing of the u. S. China economic and secure review commissions 2023 annual report cycle. I want to first thank staff, many of whom worked on several other hearings. And so, i appreciate the heroic effort that was involved in getting this hearing set up. So, thank you, jonathan and daniel, in particular, charles, i dont see. Many of us that have watched china for years appreciate that the magnitude of the economic challenges china must address now are not new rather, they have been worsening for years and were amplified by covid and the poor policy choices made during that time. ...

The seventh hearing of the u. S. China economic and secure review commissions 2023 annual report cycle. I want to first thank staff, many of whom worked on several other hearings. And so, i appreciate the heroic effort that was involved in getting this hearing set up. So, thank you, jonathan and daniel, in particular, charles, i dont see. Many of us that have watched china for years appreciate that the magnitude of the economic challenges china must address now are not new rather, they have been worsening for years and were amplified by covid and the poor policy choices made during that time. ...