Interested forecasts ibm is betting on 5g growth and the cloud, it has a tieup with at t that is talking exclusively with jim about he got both. And president ial pressure trump saying his administration will take a look at accusations from tech investor peter thiel that google coordinated with the Chinese Government so some mixed reaction out on bank earnings. Jpmorgan chase, Goldman Sachs, wells fargo. Guys, obvious lly the reason th stock is down they lowered their nim forecast by 500 million. Sometimes you look at a quarter and you say, please, please, give me a highlight. Look, the efficiency ratio was good but when i look at what the other banks have done, i understand that jpmorgan is good, just not shoot the lights out. I dont think when i look line by line, look, you got some good numbers here you have the Consumer Community banking this line about the just the consumer itself, these guys are coining money theyre not coining money as i would like it because of Net Interest Mar
In europe, also eagerly anticipating the jobs report fractional losses across the board with the dax down 0. 2 a check on treasury yields, we have yields, the tenyear specifically, the lowest level since november of 2016 1. 96 on the tenyear. The 30year at 2. 47. The countdown to the employment report is on. Forecasters polled say the u. S. Likely added 165,000 nonfarm jobs in june the Unemployment Rate is expected to hold steady at 3. 6 . If those predictions are right, it wont likely be enough to discourage the fed from cutting Interest Rates later this month. Well have a lot of predictions about all of this. A developing story off the coast of gibraltar British Royal marines interce interceptintercep intercepted a super tanker they believed the super tachktar was heading to a syrian oil rig. Iran has demanded the tankers release. U. S. National security adviser john bolton praised the move calling it excellent news. Wti is down a percent. And samsung saying its Second Quarter profit
Earthquake rattling california, the strongest quake in two decades. And trouble for big tech names out there. Apple and facebook both experiencing outages over the fourth of july holiday its friday, july 5th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im dominic chu. Brian sullivan is off today. Here is how your money and the Global Markets are setting up. Stock futures now pointing to a slightly lower open. The dow will go down by 38 points if these futures losses hold into regular cash trading you can see the s p off by 5 points the nasdaq down by 10. The bond market right now in focus ahead of that big jobs number in the United States. Tenyear u. S. Government note yields ticking slightly higher, just a hair below 1. 97 . 1. 78 for the twoyear note yield. On the european side of things, worth noting whats going on with the european bonds especially the german tenyear government bund. You can see there that bund trading at negative 39 basis point
Remotely the call in information is scrolling across the screen. You will hear meeting discussion and muted in listening mode only. When your item comes up and Public Comment is called, those in person should line up to speak and on the phone dial 3. If you are on the telephone please turn down your tv and listening devices. You may submit Public Comment in writing in either of the following ways email to myself, alisa. Somera sfgov dot gov. If you submit writern Public Comment it will be forwarded to the commissioners and included as part of the official file. Thank you. Please call the roll. Chan, present. Fielder, present. Preston, present. Singh, present. Williams, present. Madam chair, you have a quorum. Thank you. With that, madam clerk, please call item 2. Item 2 is approval of the lafco minutes from january 19, 2024 regular meeting. I dont see any name on the roster at this moment, so it is great if we can go to Public Comment on this item. If we have individuals in person who
The meeting will come to order. Welcome march 15, 2024 regular meeting of the local Agency Formation commission. Im chair chan joined by vice chair fielder and commissioners preston, williams and singh. Our clerk is alyssa somera i like to thank the staff at sfgovtv for broadcasting the meeting. Do you have any announcements . Yes, lafco is convening hybrid meetings. Public comment will be taken on each item on the agenda. Those attending in person will be allowed to speak first and then take those waiting on the telephone line. If you wish to provide comment remotely the call in information is scrolling across the screen. You will hear meeting discussion and muted in listening mode only. When your item comes up and Public Comment is called, those in person should line up to speak and on the phone dial 3. If you are on the telephone please turn down your tv and listening devices. You may submit Public Comment in writing in either of the following ways email to myself, alisa. Somera sfg