Leading the way. We await any kind of agreement out of g20 Energy Ministers meeting tomorrow. Vincent absolutely guy absolutely. I think it is going to be absolutely fascinating today and tomorrow. Where are we in terms of expectations from the market . I hear anything less than 10 Million Barrels a day in the market is going to think that aint enough, and as a result of which, we could see crude, which is catching a decent bid right , coming off a bit. I think youve got a whole bunch of things still coming towards us. Jay powell is going to be speaking very shortly. I guess hes got a bunch of questions he needs to answer. It is getting awfully comp located in terms of the number of fed programs out there awfully complicated in terms of the number of fed programs out there. Normally you probably sell a bit of risk going into the weekend. That is not happening. Keep an eye on the norwegian krone, heavily geared towards the oil price. Eurodollar trading 1. 09. The dollar under little bit
If you say things are okay, not as great, and youre an industrial, because there will be an opening of america, people will buy you if you say things are in line and you pull your forecast and youre not industrial, its a recipe to be sold. This is about hope its about the idea that it cant be as bad as it is right now. Youll see that even with marginal retailers, people think a marginal retail hear to come back because america is open listen, you have to go with the flow for a couple days if youre a trader if youre an investor you have to take the other side of this trade as we get closer to the opening. I think people will be surprised how little these businesses will do and how worse theyll do once we go open its not it is an opening other than auto builds wont occur. We have to be ready for that your general thinking is well get a ford plant reopening, vw doing it, boeing in South Carolina next week, but its going to be a manufacturing bounce yes more than a service bounce . Yes man
Challenge, not only to our Public Health system and our health in general, there is an and normas challenge to our economy and chair powell and his colleagues responded to this crisis. Solutions create of with credit flowing to houses and businesses and prepare the economy so it can recover when this virus recedes. And it surely will, ladies and gentlemen. Your work, sir, and that of your colleagues, is far from over, but we are in good hands under your leadership. Indeed, leaders are tested in crisisf crisis and this tests our leadership in no uncertain terms. You have risen to the occasion. It is safe to say we and all americans have appreciated your calm, decisive leadership in this moment of peril and on behalf of of all of us at brookings, please let me commend you on the powerful example of American Leadership you have set for us all and continue to display every single day as you perform your duties. You are an inspiration and example to all of us. Today, we will shortly give yo
President yee good afternoon and welcome to the april 28th, 2020, regular meeting of the San Francisco board of supervisors. Madam clerk, please call the roll. President yee thank you, mr. President. Supervisor fewer, fewer, present. Supervisor haney. Supervisor haney . Okay. All right. Supervisor mandelman. Present. Clerk mandelman. Supervisor mar. Mar present. Supervisor peskin, peskin present. And supervisor preston. Preston, present. Supervisor ronen. Ronen, present. Supervisor safai. Safai present. Supervisor stefani. Stefani, present. Supervisor walton. Present. Can we confirm that it was peskin . Clerk im worried about him. Supervisor walton, walton present. Supervisor yee. Yee present. And supervisor haney, were you able to join us . Okay, haney not present. Can one of my staff check on him, please. Thank you. Mr. President , you have a quorum. President yee thank you. So somebody needs to cut their mike. Its sounding like theres a lot of bass clerk it sounds like supervisor pe
We continue to send our prayers to the people of new york and new jersey and to our whole country. New york and new jersey are very hot zones and we are with them and we are with everybody. Your struggle is our struggle and we will beat this virus. We will beat it together. I want to send best wishes to a very good friend of mine and affront to our nation, Prime Minister and a friend to our nation, Prime Minister Boris Johnson. He was taken into intensive care this afternoon. Hisicans are praying for recovery. He has been a really good friend, something very special. Strong, resolute, does not quit, does not give up. We have made tremendous progress on therapeutics. I had a fantastic call today. I have asked two of the leading companies, these are brilliant aids, others,la, they have come with the solutions and have done incredible jobs and i have asked them to Contact London immediately. They have offices in london. I had a talk with four of them today. They speak a language most peop