Kind of housing prices in the bay area most people pay. A powerful accountable as we look at measures to bring about change. We have all been complicit. We waste a lot of time with your. Housing is a human right. President trump touches down in the bay area for a major fundraiser. Shrouded in secrecy. Protesters dont know where it is. Neither do his own donors. We begin with part one of our original series project home. It is no secret we are suffering from a Housing Affordability crisis in the bay area. With project home we will uncover the barriers to solving the crisis beyond the deadly me. Reporter the how we got k isis. Cruscorner lifein california. You see it on the street if you walk to work in the city. Or if you are slogging through a super commute to the south bay. What can be more personal than your home or lack thereof . It is squeezing forcing us out bleeding us dry and consuming daily conversations. The housing crisis has its hands on our throats and we are faced with a c
Our original series. I feel like we were sucker punched. Watching my the ones grow up, it is more of an inconvenience. Now that i have to move. We have the president s unusual threat against the city of San Francisco. Reporter the president said he would sick the Environmental Protection agency against San Francisco. The president wrapped up his California Tour today taking a shot at San Francisco. If you look at San Francisco, it is a total disaster. They will ruin their cities. We will get involve soon on a federal basis. Reporter tonight as he was leaving he made more remarks on air force one regarding San Franciscos harmless crisis. The president claimed, pollution was flowing into the ocean because of waste and storm sewers citing specifically used needles. The quote from the president , we will give San Francisco a notice very soon. Epa will be putting out a notice. They are in serious violation. It sounds completely ridiculous to me. I dont know why we believe a word that comes
Market but bond market and this inversion of the yield curve. We can talk about what youre seeing, what people are telling you. The bottom line, if history is a judge this could mean recession is on the way. Reporter makes people so anxious, connell. Yields on two year treasurys rising above the yield on a 10year. First time since 2007. That date alone spook as lot of investors. The yield curve on shorter end, now as people call it inverted. The reason it makes so many people anxious, that means investors have less confident in the near term economy versus the long term economy. Normally if you loan money in this case to the government for a short period of time, you expect your principle plus a small payment, youre not loaning money for that long. If you lend money longer you expect a bigger pay back. That is the normal logic of the bond market. You get paid more for lending longer. When this pattern reverses like now, it signals a shift in the pattern, signals a problem for a lot of
I am Katie Greifeld and welcome to bloomberg markets. You take a look at the markets and there is some red on the screen. The s p 500 off by about point read percent, a far cry from this time 24 hours ago. You look at the nasdaq 100 and the big tech names and it gets worse. The nasdaq 100 off by. 8 , not too big of a move but to the downside. This as we count down to the fed decision. That line is what you want to watch, the 10year treasury yield lower by one basis point. We are sitting at 4. 3 or so. Of course that meeting kicked off at 9 00 a. M. Let us dive deeper into the markets with catherine, the stone next financial chief market strategist. Let us talk about the fed but let us start about the bank of japan, the big news out overnight, the negative Interest Rate and the zero Interest Rate era is over. What could that mean for Global Markets . It could mean a bit of an impetus for more growth in japan, i think the negative Interest Rate policy was controversial in its effectivene
Will not cooperate with this regime from now on. Earlier in europe, the universities of brussels, oslo, trinity iranand, faculty of architecture and more than 70 universities and colleges in spain had severed their relations with companies and Scientific Centers affiliated to the zionist regime. In america, several universities in washington, maryland, rhode island and new jersey have cut their ties with the company after student demonstrations and sitins. The israelis cut off. In continuation of the march of fridays of anger and disgust , an anti zionist march was held in several provinces of the country. Americans declared their support for the palestinian people, death to israel, death to america, death to america, death to england, death to england, death to israel, israeli friday prayer preacher in tehran , thanking the Iranian Parliament for approving the law on organizing the rental Housing Market, officials said ministry of roads and urban planners must seriously follow the imp