Else is worrying about the flip side of this is also true, there is no point in getting excited about something that everybody else is eagerly anticipating why . Because when the vast majority of investors agree something will happen, that tends to be priced into the stock market the real economy moves at its pace, you got to borrow money to build that equipment and use that to manufacture goods and transport them to retail outlets and wait for the customer to come along and buy them. The stock market has no such limitations. Stocks dont travel at the speed of light well, how about the speed of thought . They come pretty close so the moment of preponderance decides its flat lining, stocks start trading. Instantaneously. It takes time to build that consensus which is why you rarely see the moves happening at once but once the big institutional Portfolio Managers are on the same page about something, you can be confident its baked into the averages instantaneo instantaneously, that week
Summer is not a time off for a lot of people in our office. Weve been very busy this month, doing our annual performance and goalsetting process for the f. Y. 19, and setting there has been a lot from my experience, a lot of really valuable thought and conversation that has been going into that. Ive very much appreciated the staffs focus. It is a busy time for us, but i think it is a very helpful and important way to make sure were having mindful conversations about our work and how we Work Together to serve the public. Thats something i wanted to provide some in sight insight into that and id be happy to answer any questions. In terms of open positions, i think there are four currently open. Do we have d. H. R. Resources to help us fill those positions . Yes, in this budget year with a memorandum of understanding, and theyre providing us some parttime hours. We were not able to get the full range of contract that we had hoped to with our budget limitations. But we have very strong sup
We have a quorum neck general Public Comment shall be followed we will go into closed session and not start the regular Public Meeting before 2 00 p. M. Is there any Public Comment about this item . We are in meeting is back in session. We will recognize a commissioner for emotion regarding the closed session. I make a motion not to disclose. It was seconded to do not to not disclose. Is there any Public Comment . My name is john, i am a 44 year member of our pension scheme. If theres any policeman on our board, you might be interested in what i have to say today. Willie sutton was a Notorious Bank Robber in the 1980s. When he was caught, they asked him why he robbed banks. His reply was, thats where the money is. The Hedge Fund Industry are not bank robbers, but they are modernday highway robbers. The definition of modernday highway robber is by excessive profit by high risk investment. If you ask the Hedge Fund Industry when they rip off local pension funds, they will say, that is wh
Else is worrying about the flip side of this is true, there is no point in getting excited about something and everybody else is eagerly anticipatin anticipating why . Because when the vast majority of investors agree something will happen, that thing tends to be already priced into the stock market while the real economy moves at its own pace, you got to borrow money to build that equipment and use that equipment to manufacture goods and wait for the customer to come along and buy them the stock market has no such limitations. Stocks dont travel at the speed of light, well, how about the speed of thought they come pretty close so the moment a preponderance of hedge fund mangers decide the economy is slowing or speeding up or flat lining stocks start trading like thats the case instantaneously, usually takes time to build that consensus, which is why you rarely see these moves happening at once but once the big institutional portfolio mangers are on the same page about something, you c
Points you were talking about down about 1. 8 for the dow and s p, down 2 for the nasdaq s p indicated up by 7 points this morning nasdaq indicated up by 30 points overnight in asia, some weakness in stocks there, too probably started by what happened here. The nikkei actually ended flat the hang seng was off by three quarters of a percent. The shanghai was down 0. 8 in europe, where there is active trading taking place at this hour, you will see there are green arrows across the board. The biggest gainer of the three major averages is the cac up three quarters of a spent. More modest advances for the ftse and the dax treasury yields will be watched closely. Treasury yields went into a free fall on the feds report yesterday or the idea that it would be one and done. You can see the tenyear barely held on to a yield of 2 that was the weakest level in three weeks. This morning trading back to 2. 04 . There were two key words that sparked a strong reaction from the markets and President T