Agenda item up to two minutes and be in a quiet location and speak clearly and slowly and mute computers or radio. Item 1, call to order roll call. Director tsen. Here. Director dunlop . Perhaps you have unmute. Sounds like hes having an issue with his tablet. If hes in the meeting he can see it. Go to the upper left hand corner of the screen theres a circle with an i that says event information and at the bottom theres an attendee i. D. If you dial in and enter that attendee i. D. When prompted you should be able to access the meeting by audio and hopefully it will merge with your panelist i. D. As well. Can staff people perhaps phone him or text him. If he cannot join by video can he join by phone . Yes, theres instructions i just gave where he can use audio to dial into the meeting as a panelist but in order to do that he has to be in the meeting to access the unique attendee i. D. Otherwise hell call in but hell end up as an attendee and appear as a callin user like the public. Tho
It is office highs, but still a. 5 . Not too Much Movement in the dollar index. Just a little weaker before the fomc today. He 10year yield lets get a deeper dive into the market action. Standing by we have k. D. Lang. Katie playing. Hase dollar weakness become a proxy for risk appetite. It is once again weakening signals it is not entirely a risk off day. We are seeing it in equities. Even if crude is office to touch. On the subject of the fed and yields, something the market is paying close attention to for that decision in about an hours commentary on yield curve control. There has been a dramatic steepening of the curve in recent weeks. We have seen some flattening coming in. We are sitting at 115 basis points, the steepest it has been in about three years. We will see if the fed does anything to change that narrative. It is tech that is outperforming at the moment. The s p 500 Information Technology sector is higher for the fourth day in a row, up 5 over that time period even thou
Virtual event series to bring luminary authors to the community during the unprecedented times every week we will host a senior and just like always Event Schedule will appear on our website and sign up for the email newsletter if you want more we will discuss the new book with mike and we will conclude with questions if you like to ask the other something asked the question at the bottom of the screen we will get there as many as time allows at the bottom during the presentation we will see a purchased copy of reimagining capitalism all sales benefit Harvard Bookstore so thank you in advance for all of your support during the difficult and uncertain times. Also a donation button if yorty have a copy of the book or would like to contribute to the series in a different way and the store we really appreciate it. Your purchases and contributions make this new virtual author series possible supporter staff and truly ensure the future of a landmark independent bookstore. I am so pleased to
Jon najarian, what do you tell people dont appreciate the number of cases there are going to be. Me what do you do with the up fear is also contagious. People are going to stop going 1,000, down 1,000, 92 bips on out. We are a Service Economy the ten year people have to go out. What are you supposed to do . I dont see any reason for if you are me or somebody optimism, the stock market has very, very shortterm you buy on completely underreacted. The disand sell on the rallies from a wellknown hedge fund if you are a regular investor at manager, versus bellski and home that probably doesnt have as much access to information and the markets as frequently as dwyer who say we are going to be higher at year end i do, then i think you kind of sit it out, scott. Make sense of that for people . You hold onto what you have got. It is impossible to make sense of it, because we are if you have got the sort of stocks that you know are not as talking about an outcome that no one knows the answer to.
Global economy. Welcome to bloomberg surveillance. Itsve a lot to get to, five days of a packed agenda. We have many World Leaders at the forum. No matter where you are in the world, we need to check on the markets. The markets a little bit thin on compared to other days. Im looking. In crude oil is one we need to watch out for. You see on the screen, really rising today. Lower, ittocks edging will be appropriate earnings and gold climbing parade get to the first word news. Libyas oil industry have been caught in the crossfire. They havewn shot shut down and output 2011, peacesince talks are underway to work towards the p cease fire. Oilfieldave halted an letting widespread a second oilfield is expected to closure. Around 600 people have died and thousands wounded. In the u. K. , prices increased for the most on any january on record. 307es increased to nearly south of the pound. Before a new tax on foreign investors. China at least three people have died and 200 diagnosed with a new v