Was down slightly. The shanghai composite was up slightly. Also take a look at oil prices. Wti up slightly. 34. 72. A little later this morning, were going to watch for natural gas Inventory Data due out at 10 30 eastern time. Gas prices are trading around the lowest levels in 17 years. Couple big stories were watching this morning. Just hours after the u. N. Security council slapped new sanctions on north korea, south korea is now accusing the north of a new provocation. South Koreas Defense Ministry saying north korea fired several shortrange projectiles into the sea. The sanctions on pyongyang are the toughest in 20 years and came in reaction to the norths recent Nuclear Tests and longrange rocket launch. Its also a very busy day for economics. A lot to talk about. Jobless claims out at 8 30 a. M. Eastern time. Thats expected to hold steady around 270,000. Also at 8 30, were going to get Fourth Quarter productivity, which is expected to be revised slightly lower with forecasts for a
San bernardino valley they felled the hot springs hourlong discovered but they started to explore and they saw the value but it was too rugged and dense to make it use of the property but they began to settle in san pretty no valley to establish a new town in the 1850s seven the mormons were called back to salt lake by Brigham Young and the senior gentleman arrived here individually with the intention to sell the things to the bormans as they were going back to Salt Lake City said he would come in here to explore the area he is also weighed about spiritualist and believed in the Healing Properties of water he had grown up with the disease the tuberculosis and killed many people in his family he made it is 90 wanted to find a cure. So when he was here he thought it would be an ideal spot to develop a tuberculosis sanitarium so began a two had his first sanitarium that was open to the public 1864. So two years ago the 150th anniversary of the commercial use of Arrowhead Springs but it is
Consultations. One of the things we quickly mentioned, theres problems looking at measures of real Interest Rates to try to figure out whats going on in the long run. We have the same concept of ken. Whats the and rate going to be in five to seven years. There are persistent deviations from potential output during these periods. You see these periods of very low Interest Rates. It reflects cyclical or medium term inflationary dynamics and not really longer term view on real Interest Rates. What we did is we thought we need to think about this. We need to look at output, Interest Rates, and you have to think about this as a system of equations. That way you can control for the things that ken talked about. Inflation is moving up and down. Youre deep in the suit in terms of being in recessions and things. And real try to filter out. Separate out cyclical development from longer term developments. The key finding we have had, by the way, we update every quarter and post them on the feds w
Please wait outside if you care to speak submit a speaker card to make sure youre aware your name has been called for a particular item okay. As soon as an overflow room is made available ill let you all know where that is id like to call roll at this time. Commissioner president fong commissioner wu commissioner antonini commissioner hillis commissioner johnson commissioner moore and commissioner richards thank you, commissioners commissioners, the first item on your agenda is item for continuance item one the go affordable unit general plan amendment and two Affordable Housing bonus planning Code Amendment and next Affordable Housing and public Zoning District are proposed for that continuance until december 3rd, 2015, item 4 at 1126 irving street has been withdrawn i have a number of speakers commissioners. Okay. Opening it up for Public Comment for continuances Katherine Howard calling names and if you all want to line up on that side of the room pent. For those members of the publ
Transparency going, that will be important in future selection of ultimate operator for the palace. I agree. Seeing no other comments, cassandra let me congratulate you and the staff on the collateral material. I think its a very first class for a very important process. I thank you for the Extensive Community outreach elements for this program. This is probably once in a lifetime opportunity inform that kind of investment to be given by a long term tenant. No other comments . Yes . A note. We got the general thematic scope of kinds of vechlts. Investments. Is there a ballpark of what that potentially means . We actually have it partitioned out between if you invest in the entire building or just the old exploratoria side. We want to make sure that its a viable theatre option comes forward that they are able to come to this sight or partner with another organization. Our requirement is that the building has the improvements that we are looking for. Its a low end of 8 Million Investment