Above the 40 thousand dollar mark. 2 10 of 1 higher in volatility nice and low. Down to a 12 handle on the vix. Seeing individual movers drive indices higher. Especially retailers after walmart reported strong earnings and reiterated its full year outlook. Walmart is adding a record high and onbase and on pace for its record game. Target, dollar tree, Dollar General facing moves higher of almost 3 or more. Looking at treasuries, the 10 year yield has been falling back to near its lowest level in month. Even with a couple basis points higher today, you are seeing the 10 year back above 450. Earlier this month back below for 4437 on the day. We are going to discuss this with Loomis Sayles Vice President and Portfolio Manager andrea. When you look at these rapid moves in the bond market, do you trust what you are seeing at the longer end of the curve . What we sell take place in april was more of a parallel shift across the curve. Front end being driven by the repricing of pricing out som
Commissioner tomas. Commissioner engardio. Present. Thank you, we have a quorum. Call item number 2. Item number 2, communications, we welcome the publics participation during Public Comment. There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone calling 4156550001, excess code 26611, 4307349 then pound and pound again. When calling youll hear the meeting discussions, when your item of interest comes up, press star3 to be added to comment line. Best is to speak from a quiet location and turn down the radio or computer. Please note that city policies along with federal state and local call discrimi
There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone calling 4156550001, excess code 26611, 4307349 then pound and pound again. When calling youll hear the meeting discussions, when your item of interest comes up, press star3 to be added to comment line. Best is to speak from a quiet location and turn down the radio or computer. Please note that city policies along with federal state and local call discriminate conduct and will not be tolerated. More over Public Comment is permitted only on matters under the jurisdiction of this body. And we thank you for joining us. Next, item please. Item numb
Guy every single sector bar. None down in europe. A lot of this out of the u. S. Clearly we see the big market to the fed that is being priced into europe. The ftse is down. You certainly have the pause in effect coming through into the u. K. Market. Taylor wimpey is one example of that. We are seeing affects positive effects coming through of a right pause into european, and more specifically u. K. , equities. The question is, what happens if pi goes up next time . Does the bank of england hike . Who knows. Alix in the u. S. , we are data dependent. We get existing jobless claims coming in under 200,000. We are seeing equities pick up to the downside on existing home sale numbers. The s p 500 is down 1 . Major sectors in the red. Amazon down 3 . Seven Straight Days of losses, its longest losing streak since february. What is different in the bond market in the u. S. Is the front end is rallying. You are seeing buying in the twoyear. Yields are lower and the backhand moves with you guy
But the private sector does things better. That is our show coming up tonight. No. Now it is time for john stossel. John trusts. A lot depends on it and families often succeed because we trust families more than strangers. Government works and people trust the government rules are fair. Commerce works when Customers Trust that it will work. These are delicate relationships developed sometimes over a million years, but sometimes the internet is changing things for the better. I would argue that here is one example. Do you need to mop the floor, by the groceries and milk the cow . Task rabbit helps you get stuff done, first you post your task and then include all of the relevant details like location and price and other important information. It will blast out an sos to those in your neighborhood letting you know that your task is underway. And you are done. Really . A stranger coming into your house mopping the floor and buying groceries . Why would i trust the stranger . The owners say