Thank you for being with us on this simulcast, Bloomberg Radio, Bloomberg Television worldwide. Tremendous news flow wrapped around the details of a worsening pandemic worldwide, and indeed across this nation. Also looking at markets off the faxing news, futures up 10, dow futures up the vaccine news, futures up 10, dow futures up. New low on the vix as well. Looking at the calendar, everybody is recalibrating. Weve got a major house recalibration of the equity markets out moment ago. Jonathan at Credit Suisse, Jonathan Golub, they have a forecast yearend on the s p for the end of 2021 with a 12 upside. The 2021 forecast is designed to answer what the future will look like in the future. He makes the point at the end of this paragraph that the rotation into the cyclicals will largely be behind us, and they stay overweight on tech, also overweight on the financials. That is just a flavor of where Credit Suisse are at this morning. Tom the conversation forward, and i cant say enough on r
On bloomberg tv and radio. Typically alongside tom keene and Lisa Abramowicz, im jonathan ferro. Hyde is here this morning. You and i are operating into different time zones. Weve got to work through a brutal here and now on both sides of the landing. The atlantic. Lockdowns are coming to an end on your side of the atlantic, but i wouldnt want to get up early for anyone else. At the moment, i am seeing some Market Action that just speaks to this rotation not having that much longevity this week. Bettern this is much than what tom gives back. Perfect timing. Lets get to the price action this friday morning. We do head towards another week of gains on the s p 500, set to add just a little but of weight to it. Up 0. 25 on the s p. The posture just a little bit more defensive. Small caps underperforming, big tech outperforming. 1. 1920, up about 0. 1 percent. Huge calls coming through on the euro for 22 anyone. Do we have 8 for 2021. Do we have a repeat of what we saw in 2017 . On 15 year
Good morning, everyone. And welcome to this beautiful monday. The meeting will come to order. Welcome to the november 9th, 2020 of the rules committee. Im supervisor hillary ronen, chair of the committee. With me on the Video Conference is Catherine Stefani and rules Committee Member supervisor gordon mar. Our id like to thank sfgov tv for staffing this meeting. Mr. Clerk, do you have any announcements . Clerk yes. Due to the covid19 health emergencier and to protect Board Members, City Employees and the public, the board of the supervisor legislative chamber are closed. Members will participate in the meeting remotely. Public comment will be available on each item on this agenda on both channel 26 and sfgovtv. Org. Theyre streaming the number across the screen. Comments are opportunities to speak are available via phone by calling 415 6550001. Again thats 415 6550001. The meeting i. D. Is 146 344 9722. Press pound and up and down again. When connected, you will hear the meeting discus
One way to mitigate is set up 529 for theeldes for the oldest. Life changes and you can reassign the 529 plan. You can reassign th the 529 plao the younger brother. There are more considerations to talk about different i guess not so much lineage but i i am losing the word. If you try to go from child to grand child there are considerations in there. Like the gift and tax planning considerations. It is such a small subset of people with those issues. More people are trying to come up with funds to pay for college and end up taking out loans. If i remember correctly, publication 502, i believe the 529 plans are revised a bit. I forget the exact dollar. You can take out to pay for Student Loans. Is that right . You can pay for Student Loans out of it including your own. Francis was talking about transferring to another family member. One child doesnt need it and you can transfer to a family member. This is apart tha a part of thet you can transfer upwards to parent or grandparent. If you
This agenda, and we are streaming the number across the stream. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during the Public Comments are available by phone. Meeting i. D. 146291707. Then press pound twice. When connected, you will hear the meeting discussions, but you will be muted. When youre item of interest comes up, dial star 3 to be added to the speaker line. Best practices are to call from a quiet location, and turn down your television or radio. Alternatively, you may submit Public Comment in the following way, email to myself or the budget committee. Icommittee. It will be forwarded to the supervisors and will included as part of the official items. Items acted on today are expected to appear on the board of supervisors agenda on november 10th, unless otherwise stated. Chairwoman can you call number one . Authorizin [inaudible] members of the public who wish to provide Public Comment on this item shall call 415455, 0091. And then pres