Its a confirmation hearing for one of the president elects most scrutinized cabinet picks. Secretary of state designate Rex Tillerson appearing before the Senate Foreign Relations Committee. Some lawmakers have expressed concerns about tillersons dealings with russia, jim. We got a lot to get through in the next few hours. Yeah, look cross talk with joe in the market yesterday though everything is up for grabs. I think the tillersons hearing is very much encapsulate the whole rally. But tillerson is at the heart of what i regard business agenda who is secretary of state. And part of the business agenda by the way is to do business with everyone including russia, which by the way before you went to sochi was one of our brightest possibility of partners of energy. So lets say too much is on the line to not cut away. Not the only one going on as well. Elaine chao in front of commerce this morning. Tillerson now apparently in the room shaking hands with members of the committee. Expect to
Those in the audience would please take their seats, well get underway. I now call the regular meeting of the Health Services board to order. Would you please join me in saying the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Well have the roll call. Roll call. Scott, present. Lim, present. Breslin, here. Farrell, expected. Ferrigno, excused. Follasbee, present. Sass, present. We have a quorum. Thank you. First action item. Item 1 approval of possible modification the minute of meeting regular meeting december 8 , 2016. Do i have a motion . Moved and [inaudible] the minutes the regular meeting och december 8 , 2016. Second. There is a second. Properly moved and seconded we approve the minute of the december 8 regular meeting of the board. Any comments or questions or edits by members of the board . Seeing none, any Public Comment . If
May be removed from the meeting. Cell phones on vibrate cause micro phone interference. Approval of minutes for january 3 regular meeting. Motion to approve. Second. All in favor say aye. The ayes have it. Item 5, communication. I know of none. Item 6, introduction of new or unfinished business. I like to [inaudible] i nominate Malcolm Heinicke. For chair . I thought we were doing both at the same time. We are just doing the chair. Any members care to address the board . Seeing nonenominating cheryl to do it this she is dedicated and knowledgeable person. The agency and staff and colleagueerize very fortunate to have sheryl step in. She is knowledgeable about mta and transit agencies around the country and world. She is very artechulate advocate for the goals of the agency and spend Many Community meetings during the year so will be a outstanding member of the board. All in favor of Cheryl Brickman say aye . Opposed . Thank you. [applause]. Call for election of the vice chair. We have
Be the worlds biggest ipo. Tata sons votes cyrus mystery off the board. It is 7 00 a. M. In doha. I am yousef gamal eldin. Shery i am shery ahn. Waning, off seems to be safe haven plays, easing and that section, cold and the japanese yen reversing that rally earlier. Investors right now looking for cues on where to go. Taking a bit of a breather. The trumpfueled enthusiasm , and if you look at that data when it comes to consumer confidence. Caught myf things attention and the folks at goldman sachs. Initial hopes for that pro growth drive in terms of fiscal policies, initial euphoria, but since then this massive gap between the soft data and the measures of real economic activity. That is the whitest in six years, that exuberance is probably peaking. Goldman sachs cites the Retail Investment preference for stocks over bonds has almost fully reversed. This tells the bigger story at play here. Confidence may be starting to wane, as well as the reflation trade. Functionhe gg on the bloomb
Allegations. Is 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. , andyousef gamal eldin with me is shery and out of hong kong. Shery it looks like bat reflation trade may be far from over. Were talking about that shift from global lawns into equities continuing as Inflation Expectations rise. ,ook at the gmm go function markets following that global hshares climbing again, the longest winning streak in two months. Also, the japanese yen losing ground,. 6 , helping the nikkei topix get a boost. Copper leading the gains and metals, up 4. 8 . Stillopper mine in chile closed as bhp workers go on strike. You are looking at treasuries in the u. S. . Yousef yes, specifically Foreign Holdings of u. S. Treasuries. We have seen some interesting trends, investors getting second thoughts about financing u. S. Plans and u. S. Projects. Take a look at this for the 5937. Ctive, btv you can see the selling has been going down on an annual basis for some time. Net outflows in