[roll call] is commissioner safai present at this meeting . [roll call] we have a quorum. Thank you, madam secretary. Motion is awarded to vote whether to disclose discussions held in the San Francisco administrative code section 67. 1a. At this time i make a motion. Motion not disclosed. Ill second this. Moved and seconded. We will take Public Comment at this time. Madam secretary. Please open the phone lines. Members of the public who wish to provide Public Comment on this item should call 408 4189388. Access code 1467135208. Press pound and press pound again. If you havent already done so, please dial star 3 to lineup to speak. A system prompt will indicate you have raised your hand. Please wait until the system indicates you have been unmuted and you may begin your comments. Please state your name and make your comment. You will have the standard two minutes to provide your comments. Please let us know if there are any callers. Madam secretary, there are no callers. Thank you. Hear
The black friday search makes him 100 billion man. Hello from sydney where it is past 9 a. M. This is daybreak australia. Asiasan hour away from opening markets. And 5 p. M. In new york on the sunday evening, i am betty lou. To the mallst out and the shopping district. What is going to move in the markets come monday is going to be some of those retail stocks. Lets pull up the shares quickly. Amazon inns in anticipation of good black friday weekend sales. Paul, black friday didnt come with it came with some glitches. Macys had some problems online and walmart saw some of their sales in their physical stores. That will be the focus on the monday trade. Paul i have seen some doubters adjusting black friday stick black friday sales may top five alien, which is a record, and there is still cyber monday to come. Seem toasia it doesnt be feeding through to futures here. Over new zealand we have already gotten looking kind of fat desk looking kind of flat. The future of australias looking kin
After increasing doubt with inflation. After the flood credits are healthy and amazon really deliver for jeff is us. Jeff bezos. 12 figures, that man now possesses. For more on jeff bezos i went to bring up a chart. We just mentioned how inflation is missing the mark here. It just shows you how much we keep missing that market we are going the wrong way on inflation. That has a lot of people touting the coming rate hike next month and the one in 2018. That is going to be the subject of our conversation with many of our guests in the next hour. You can see the bond market is already down and we are going to get many rate hikes. That is huge inflation gauge coming out later this week. In terms of the market and how we closed on friday a lot of sh buying. Amazon was in the green. We expect the Retail Stocks moving on monday. Cyber monday is going to be the next focus for the retailers as well. They are really reflecting on the debt we saw in bond traders that inflation cannot get any clos
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope
Anti police. Were Anti Government protesters from st it was for people negotiators from iran and six world powers have begun talks in vienna. Theyre seeking a comprehensive agreement one confronts Nuclear Development program Iranian Foreign minister mohammed divides our reef and the European Unions Foreign Policy chief Catherine Ashton are among the attendants the talks come after iran in the five Permanent Un Security Council members plus germany agreed last november on an initial deal. The deal has been implemented since january to iran agreed to scale back its Nuclear Development in exchange for a limited the easing of International Sanctions western nations were expected to urge iran to accept surprise inspections of its Nuclear Facilities by the International Atomic energy agency. They also wanted to scrap plans to build a heavy water reactor iran hopes to persuade the six world powers to recognize its right to the use of Nuclear Power for peaceful purposes. Before the cox a senio