Few hours ago. Plus bill miller at delivering alpha talking about his best investment ideas. He will join our show live for more ideas and will bring you highlights of interviews with others. Live from delivering alpha in new york city. Lets start with the price of oil reversing gains. Jackie deangeles has details. Good afternoon. 3 sell off today and closing at 44. 90. Three significant factors impacting oil prices. The first would be the monthly report taking demand forecasts down not just for this year but next year, as well. The wall street thesis for this rebound that is supposed to happen depends on demand staying at least flat or ticking up. So thats not really a good sign. The equity plunged today and also a little bit of strength in the dollar not good signs for crude oil. Inventories tomorrow. Remember last week we saw a draw down of 14 million barrels. Some are looking for a pretty substantial build. Those are the ones who think last weeks action was a one off event. The bui
Economy. Analysts saying were already in the midst of recession and why it could get much worse. First we start off with the markets. Stocks ending slightly higher on the official anniversary of the sevenyear bull run but with the ecb on deck tomorrow, the fed meeting just one week away from today, is the fate of the bull in the hands of the Central Banks . Pete najarian, what do you say . I would say the markets are completely dependant on oil just like Jeff Gundlach said yesterday. The Central Banks say they adjust and i think well be adjusting along the way. When you look at price of oil, what really led the s p . Whether you look at the dow, it didnt do much and the s p was up ten points, and why . Energy absolutely underneath this market. Fchevron, go through the list, the refiners, whats pushing this market right now. I think jeff is right and oil is still in command of the market. 5 move on wti is half a percent move on the s p 500 and you say oil is driving this market . Well,
We recognize, we cant do it alone. This goes to the staffing issues. Theres going to be in National Guard component. Theres going to be another sector component to it. The dhs component to it. A Law Enforcement component so bringing the whole Community Together for response to Cyber Threats is a great lesson out of the ukraine. Two things i wanted to put a fine point on. One, the physical cyber convergence, the attack surface growing exponentially. When we Start Talking about the internet of things and the internet of everything, making security into the design of architecture becomes that much more important. Secure coding and the like. And i might note that one of the greatest deterrence and ive been an outspoken critic that we havent really articulated a cyber deterrence strategy and i think we in essence blame the victim. We blame entities rather than penalize and put pain and cost on the perpetrator but thats a longer conversation but maybe one of the best deterrence is the abilit
Components command like the puzzle pieces come in here and we put together puzzles. We say wow this looks like a persons religion from a cyber rhyme adversary perspective against the sectors. We delivered the red and analytical context of how that threat operates and what they are trying to accomplish but also the technical artifacts you can look for in your environment. They are fighting the fight on the data level. You cant assess risk unless you understand what they are trying to do so we say here of the data connections and if you see this puzzle piece that relates to this puzzle. Someone says thats a big deal. Need to take action on that so what we do as we help serve Data Elements and say these are bad pieces of data but they indicate this threat is being action against you. Thats how customers drive prayer decision of actions. Host in a recent New York Times article on your company is said that Companies Receive up to 17,000 alerts on a regular basis and how are your alerts diff
Fiduciary duties around investments if you recall a representative of the treasurers did not come and explain how were a part of the large pool of funds and forgetting but still some outstanding questions at least from a board stand point i think that and over attorney will advise us on we may need to address in addition he wanted to you requested of the City Attorney to give the board kind of and then he hope the public who are here in the audience and those who might see that as a late point about the duty of the fiduciary and the multiple of that board sincerely does indeed guide our action and Decision Making lots of and lots of guidance from the Mayors Office from City Attorneys office how to behavior and not have conflict of interest and so on and so forth annual letters around that stuff some core fiduciary requirements this board has that is unique to this board and its role administering the trust fund for the members members of the city and county of San Francisco that are pa