Chips inhouse. The dollar continues to weaken. 38. 0 two. Lets get a deeper dive into market action. I want to pick it up with the tech strength. We are seeing a number of heavyweights higher. Leadn, facebook helping to the nasdaq into positive territory. Up around 3 . Tech stocks getting another bid here as we see a rally stalling out encyclical areas. To noterally, i want how far and fast we have come. If we look at Global Equity benchmarks, this is a momentum indicator. Over boughticates territory. Remember since the lows back in late march, we have added more than 20 trillion worth of value to the Global Equity markets. I want to talk about other. Sset classes the 10 year treasury is getting a bid today. Down six basis points. We are seeing the curve flattening after the steepening we have seen. That spread between three and 10 year notes. We are paying attention to the fed meeting and what they are going to say about possible yield curve control. Perhaps a weaker dollar. The spot
Changes to the retail entitlement open space and parking counts. The project includes 129 hotel rooms, retail and use associated with the hotel, such as meeting rooms and a ballroom, as well as 21 residential units on the upper floor of the massing. And now im going to turn over the presentation to peter bryan, Vice President of construction and development from the warriors. He will speak in more detail about the project, its programming and the development team. Thank you, gretchen. Good afternoon, chair, vice chair, commissioners and director. Its a pleasure to see many of you again, albeit remotely today. We are excited to present to you our Hotel Project blocks 29 to 30. We believe there is a great need for hotel rooms as envisioned in the original plan to support the area today. With an ultimate plan area buildout of over 6500 residential units or 4. 4 million square feet office, an 18,000seat event centre and active hospital complex and ample open space, we believe and have hear
Conversation, what jack dorsey told barrons. My colleagues, ben levisohn, carlton english and jack howe. So, ben, according to lpl, the market had its best 50day streak in all of history, and that was before fridays 800point jump. Is this all about jobs . Whats going on . Yeah, i mean, the market certainly sniffed out something, Something Big happening, and it really, i think, was shown in this jobs report. 2. 5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. I mean, its just an enormous dishes, and this is difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack so as investors, with we a always want to think about risks, right . There could be a second wave of pandemic, we still have three times as many people collecting Unemployment Insurance
Conversation, what jack dorsey told barrons. My colleagues, ben levisohn, carlton english and jack howe. So, ben, according to lpl, the market had its best 50day streak in all of history, and that was before fridays 800point jump. Is this all about jobs . Whats going on . Yeah, i mean, the market certainly sniffed out something, Something Big happening, and it really, i think, was shown in this jobs report. 2. 5 million jobs were created last month, and to show just how crazy that number is, the most optimistic economy who was surveyed expected a job loss of 800,000. I mean, its just an enormous dishes, and this is difference, and this is fantastic news showing that the recovery from the coronavirus shutdown is going faster than anybody really expected except for maybe the stock market. [laughter] jack so as investors, with we a always want to think about risks, right . There could be a second wave of pandemic, we still have three times as many people collecting Unemployment Insurance
Jonathan ferro, Lisa Abramowicz, and tom keene. We welcome all of you to our simulcast on television and radio worldwide. Thrilled you are with us today. Coming up, a really important conversation on the global markets. The new slow today absolutely asked ordinary. We have been absolutely extraordinary. We have really been focused on hong kong, but right now weve got to turn to the american claims, which is surveyed again to be over 2 million. Near 40 a lot of pain, million over the last two months or so, so clearly the labor market is in an absolute mess. It is really painful. I think it would be a mistake to think the policy effort was done. It is not. There is certainly debate in washington on what to do next on the fiscal side. Lets not forget the monetary side either. The ecb has been flirting with doing more. Think we have to move to Forward Guidance. What does future policy look like . That is where the effort transitions in the next several weeks. Tom i agree on the idea that w