Welcome to new york, in new york , filling in for katie greifeld. We are looking at an smp back on the rise in the second day of gains and. 7 rise in the s p 500 and further gains in the tech heavy industries in the nasdaq 100 and Sox Semiconductor index flying. That is bringing it on track for a second week of gains with the rebound. The two year yield is only down about one basis point for. 53. We started the week above 4. 60 and last week above 4. 71. Some serious cooling and a bid that remained into the powell testimony. We will talk about the ecb leaving rates on hold for a fourth straight meeting. Traders are boosting their bets for a june rate cut as president Christine Lagarde spoke. Pres. Lagarde inflation is continuing this downward trend and continuing to decline to our target as labor costs marked moderate and supply bottlenecks and the reopening of the economy after the pandemic faded. Sonali now joining us for more is a la sondra. When you look at the pressures and the ex
Morning. This bloomberg surveillance. More than a decade since the last one, s p Global Rating the gene the top rating for u. S. Of america. Fitch follows up after the close yesterday with this quote, the written downgrade of u. S. Reflects the expected physical deterioration over the next three years. The erosion of governance relative to aa and aaa rated peers. Whether it is justified, and if it matters, are two different questions. Lisa i would agree as this is the second Major Company to downgrade u. S. From aaa rating. The response arbitrary and based on outdated data. That is janet yellen. Larry summers the idea that it is a decreased default risk is absurd. Here is the question, is there Something Real behind this in terms of how much Interest Rate expenses are going up and like a convention there is on capitol hill . Jonathan theres governance issues u. S. Has that is inconsistent with other aaa rated peers like germany. Lisa i would agree because we were talking about u. S. Po
Grown diamonds and what is next for debeers as it faces a potential spinoff. I matt miller on this monday here in new york city, welcome to Bloomberg Markets to kick off the week. Irans president has been killed in a helicopter crash. The foreign minister also died in the accident. Iran has entered five days of mourning and an election will take place in the next 50 days. Bobby joins us with more details. I guess the most important question is how did this happen, who was involved . Bobby we do not know anything to suggest this was not an accident. This was a three helicopter convoy flying from the northwest of the country. Its a mountainous part of the country. There was bad weather, fog and rain. Remember iran has been under economic sanctions now for decades but they have not had the access to parts of technologies. Theyve not been able to buy so this is a very old craft in quite treacherous weather. There is no indication to select or suggest foul play was involved. This is a part
Have any announcements . Yes, thank you. The board of supervisors and its committees are now convening hybrid meetings that allow inperson attendance and Public Comment while still providing Remote Access and Public Comment via telephone. Public comment will be taken on each item on this agenda. Those attending in person will be allowed to speak first. Then we will take those who are waiting on the telephone line for the public call in number is screening. Sorry streaming across your screen. When connected you will hear the meeting discussions, but youll be muted and in listening mode only when your item of interest comes up and Public Comment is called those joining us in person should line up to speak and those on the telephone should dial star three to also be added to the speaker queue. If you are on your telephone, please remember to turn down all listening devices that you may be using. Alternatively you may submit Public Comment in writing in either of the following ways. Email
Certain places on a regular basis and, and whatever, whether it was a pothole, a sidewalk or the Little Things from the bigger things, you know, really, she still believed in San Francisco as an extraordinary place. Yes. And we had to work hard every single day to deal with those challenges, no matter what. All right. Thank you. I wont say anything more about it. Good morning. Welcome. The meeting will come to order. Welcome to the september 29th, 2023 homelessness and Behavioral Health select committee. Im hillary ronan, chair of the committee. Im joined by vice chair supervisor mandelman and supervisor walton, our clerk is stephanie cabrera. And id like to thank jason goldhammer at sf govtv for broadcasting this meeting. Madam clerk, do you have any announcements . Yes, thank you. The board of supervisors and its committees are now convening hybrid meetings that allow inperson attendance and Public Comment while still providing Remote Access and Public Comment via telephone. Public c