Minutes into the trading session already. Julie hyman keeping an eye on things. Reached the0, we level yesterday, closing just below it with the doubt hitting and other record dow heading another record. S p 500 at another record. Nasdaq not quite there, little change but to the downside. For thebeen ramping up anniversary of black monday, october 19, 1987 is the date we have been watching. And that is when we saw the market crash. We want to put things into prepress into perspective. This looks at percentage changes in point changes in the Dow Jones Industrial average. You see it, it shows how big of an anomaly it was. To put it into perspective, if you would see the same change today in the dow jones, the same magnitude, it would be about 5000 points coming off of the Dow Jones Industrial average. So to show how unusual it is. The moves we have seen recently are much smaller, not just in the dow but with the freedom but with the three major averages. Withve seen point moves, the s p
Continued to remain subdued. The beige book gave us perhaps a hint of one explanation for why that is. In cases where there is Wage Inflation or higher input costs, the firms say, and materials, a law firms are still reluctant to pass that on. It is a very interesting line from beige book. Several districts noted increased manufacturing input costs, but in most cases, these werent passed through to selling prices. That underscores a theme weve seen for some time now, where companies in the u. S. Simply lack the Pricing Power they used to have. When their costs are going up, they are very reluctant to pass them on to customers. A couple last notes about impact from the storms we saw a earlier. Dedicating part of the u. S. , some good news in bounceback. Whatallas fed reporting they called notable strength in ,anufacturing, hiring numbers and indeed, some of the bounceback is showing up in districts as far field as the chicago district, which reported increased demand for construction ma
So colleagues, can we take those amendments without objection . Just to clarify we strike the 4 and maintain the 2 . Yes. And actually in the resolution that mta had originally submitted i think neither of those numbers was there it said were including the two locations. Okay. And then on the third page theres also a clarification so can we take those amendments without objection. Theres adopted and favored to the full board . Okay without objection thats the full order madam clerk, call item 4. Its an ordinance with the planning code rifkt use district. And supervisor cowen has requested we continue this item to october 7th. So ill taken a motion after Public Comment. Is there that i Public Comment on the expected motion to continue. Seeing none, Public Comment is closed. Colleagues can i have a motion to continue it one week on october 7th. Item 3 is a hearing directing the transportation Protection Agency on muni bikes i thank you and i called for this hearing. And colleagues that h
Conversations between grade school and High School Kids and use this to stop isolation. I think today is a very, very important day and congratulations to you the ask the yeah. Good afternoon. Welcome to the San Francisco board of supervisors land use and Economic Development committee there weigh were welcome to the board of supervisors land use and Economic Development committee. Im scott wagner the chairman of the committee and david chu the member of the member and supervisor london breed is here for supervisor jane kim. Our clerk is lisa miller and i want to thank jennifer low and madam clerk any announcements. Please make sure to silence any cell phones and other devises. Items acted upon will appear on the october 8th agenda. Thank you. Can i have a motion to this is for the public rules of evidence to install and maintain operator facilities. Thank you very much i want to call up mta staff and i want to note that i have an amendment that i will be considering the way it that re
Rosie odonnell has a new victim, rosie versus Sarah Sanders. Fox and friends first continues right now. One of those songs, turn it up a little louder, love it. Cant say that too loud at 5 am. You are watching fox and friends first on wednesday morning. Thanks for starting your day with us today. A bombshell report, we now know peter strzok was highly skeptical of launching the russia collusion probe from the getgo. The gop lawmaker says he has brandnew evidence proving there was a secret Society Working against the commanderinchief. Griff jenkins live in dc. A rare glimpse at communication between these officials under fire for alleged bias against the president , new Text Messages suggesting two days after Robert Mueller took over the russia probe, he was hesitant to join the team. Writing to lisa page, the odds are nothing, if it was likely i would be there no question. I hesitate, there is no big there is there. He referenced Unfinished Business on the clinton email investigation u