Session winning streak so what could potentially derail it could it be the fed well hear from two fed president s in a couple minutes when might the first rate cut be come something well see if they answer that. But first a check on the markets. Dow trying to make an eight day streak nasdaq still down a bit. And lets take a look at changes of zeekr, a chinese e vv maker going public opening at 26, trading at 27 and change and novavax reaching a deal that involves developing covid and flu vaccines is an any. And lets begin with the market and what the fed does and says from here mike santoli is joining us and i think first thing id observe is that Interest Rates by the feds are stable for ten months, i think that youd have to say the policy setting is in a pretty good spot when youve had the economy growing and inflation mostly continued to go down so to me that is the basis for whatever win discuss here. But what the fed does next, it is clear that there is an orientation toward trying
Vote the presiding officer are there any senators in the chamber wishing to vote or to change their vote . If not, on this vote the yeas are 79. The nays are 18. Threefifths of the senators duly chosen and sworn having voted in the affirmative, the motion is agreed to. Cloture having been invoked under the previous order amendment number 809 is withdrawn and the motion to concur on the house amendment to the Senate Amendment to h. R. 601 with a further amendment. Is there a sufficient second . The clerk will call the roll. Vote vote the presiding officer are there any senators in the chamber wishing to change their vote . If not, the yeas are 80, the nays are 17. The motion to concur in the house to the senate, the amendment is agreed to. The majority leader. Mr. Mcconnell i ask unanimous consent the motion to reconsider be considered made and laid upon the table. The presiding officer without objection. Mr. Mcconnell i move to proceed to calendar number 175. The presiding officer the
What did jim cramer say about the possible sale of the company . But first, we start off with a huge rally on wall street. The dow soaring more than 200 points after the first round of the French Election turnoff without a hitch. The nasdaq hitting a record high points away from 6,000. The major averages having their best day of gains since march 1st. Here is what gets interesting. Since that date, the s p 500 has been making a series of lower highs. This chart shows you the highs on march 1st, and finally todays move, another lower high. Despite the rally in the classic trump trade with financials and industrials, the bond market looks like its telling a different story. Bonds got crushed sending yields higher early on but then reversed course. They finished at the lows of the session. Same with gold. But settling down less than a percent. Not exactly the rickoff move you would expect. Is the trump trade really back on or is this just a trump trap. Tim . Well, its a global trade that
Weve been working with uc sf and the media both the Mainstream Media and the different language media to make sure that folks are aware particularly of the 55 but the other Service Changes well have ambassadors and others to make sure the introduction of the new like that is as smooth as possible sunset tunnel work is resuming like for previous construction that perceive done in and around the n judah line and doing more weekend shut depends on possibly this that weekend and the next as weve done at other times expensive outreach with the bus substitution and from the publics prospective weve gotten it down nobody likes the disruption has a alternative to the other routes for the trains through the tomb while we do the sunset work taking advantage the work along the n judah line like the signal priority upgrades that connects the n judah corrects e vengeance with the with the Traffic Signals for the policemans on n judah at the 28 we know that the shutdowns were trying to get the most
Replied by the prelims of some of things and i have word if one of our members there will be a Ballot Initiative if they dont see that on the proposal for the financial hearing we can expect that will be on the ballot coming in november. That issue will come to us in the second meeting in february. I hope not im going to be begun but if it does have everything we i dont know the exact date sometime in the late winter or early spring. So the public hearing is the 30th of january definitely that is a friday at 10 00 a. M. And comes to you sometime after that again. Thank you. But well make known all our preferences by then thank you. Anyone else care to address the board. The next is from the citizens Advisory Committee. Yes. I dont see daniel weaver hear. Go to the closed session. I think is what months people came for but too much time for the other things i have a couple of things to touch on at the last meeting we present the changes on january 31st that is part of the moving Forward