Headlines hit on the coronavirus. New york city is halting all inperson learning starting tomorrow it comes as the number of coronavirus cases and hospitalizations are skyrocketing nationwide. And a new all time high for s p. We have a Record Number of cases of covid in america and retailers are hitting an all time high. How can this be . The haves and havenots kudos to karen and tim target numbers were extraordinary. It should come as no surprise. Thats a name we have talked about. If you love walmart at their valuation, you have to love target at theirs walmart quarter i thought was very good. There are a lot of good individual stories, but i dont think it speaks to the economy per se there are names we also mention that seem to be topping out. The price action in restoration hardware, William Sonoma and we dont need to go down the road of what they sell. Those stocks popped out a couple of weeks ago thats concerning. Do you want to play at the 100 earnings table, gap earnings on the
U. S. And outside the white house. The donald trump and his supporters are defiant the president showing no sign of conceding as he passed a challenge ballot count in several states. Its illegal its unconstitutional and we will be bringing an action challenging that. Hasnt stopped leaders from around the world applauding joe biden including many who have rocky relations with trump. Welcome as 2300 hours g. M. T. 6 pm in washington d. C. And off to days of anxious waiting the United States has reached a fateful moment in its history Democratic Party candidate joe biden is now president elects having obtained 290 electoral votes so far he of course needed 270 to take the white house this is what finally put joe biden across the finish line a projected victory in pennsylvania with its 20 Electoral College votes and in nevada with 6. Hes also leading in georgia but that race is still too close to call the current President Donald Trump has 214. 00 electoral votes all together looking at th
Youre in the United States, we are seeing stocks come off their highs. The s p up 0. 1 . Apple contributing big, up 0. 5 on a positive note. Tesla is down about 0. 3 . Lets get straight to someone who can tell us more about all of that. Joining us from dallas is Burns Mckinney, Allianz Global Investors managing director and Portfolio Manager. We are seeing a mill top in the stock market a melt up in the market through christmas. Nothing major, but we didnt really make any losses. We didnt lose anything we gain through the year. Tot you attribute that what do you attribute that . Burns volumes are very low this time of year, so it doesnt take a lot to drive markets up. This is probably just a bit of a continuation of the early Christmas Gift that the markets got in middecember, where they resolved several geopolitical issues that had been weighing on uncertainty. Namely, the resolution or the detente in the u. S. China trade relations, as well as brexit, and establishment that the fed d
As we grew up, we eventually had a small business. I very much grew up in a family of immigrants, where we helped to translate. We went to the restaurant every weekend helping out, rolling egg rolls, eating egg rolls, and doing whatever we need to do to help the family out. It really was an experience growing up that helped me be the person that i am and viewing Public Service the way that i do. One of the events that really stuck with me when i was growing up was actually the rodney king riots. We lived in Southern California at the time, and my parents had a restaurant in inglewood, california. I can remember smelling smoke, seeing ashes where we lived. It was incredibly scary because we didnt know if we were going to lose that restaurant, if it was going to be burned down, if it was going to be damaged, and it was our entire livelihood. And i remember there were a lot of conversations at that time around what it was that government to do to create more opportunities or help people b
Agenda, items 26 through 28. Clerk items 26 through 28 were introduced for adoption without reference to committee. A unanimous vote is required for resolutioned on First Reading resolutions on First Reading. Alternatively, any member may request an item to go to committee. President yee okay, would any of my colleagues like to sever any items . Okay. Colleagues, seeing none, can we take this same house, same call . Without objection, the adoptions and resolutions are adopted unanimously. [gavel]. President yee madam clerk, please read the in memoryams. Clerk on behalf of supervisor stefani for the late clinton wiggins, on behalf of supervisor brown, for the late speedy woods, and on behalf of supervisor mandelman, for the late hope eisenberg. President yee okay. Colleagues, that brings us to the end of the agenda. Madam clerk, is there any further business before us today . Clerk that concludes our business for today. President yee okay. Sorry to say, were adjourned. I love teaching.