Ownership, its coming down to just one number. Well tell what you it is and what it means. Lets check in with sara at the nyse. High, sara. Good afternoon. Hard to believe just two more months remaining until 2015 is done. Just about 50 trading days left in the year. Are we setting up for presents under the tree or coal in our stockin stockings . Dominic chu is taking a closer look at that question. Dom . Sara, how many times have we talked about seasonality in the markets over our years together here. But lets take a look at this, everyone talks about the santa claus rally and the seasonably strong Fourth Quarter for stocks. Well, lets take a look. Our data partners at kensho crunched the numbers and for the last two months of any year over the last ten years, so november to december returns, the s p is up on average over 1. 5 . The dow the same, and theyve both been positive in 8 of the last 10 instances. A decentsized gain although some would point out because of the strong gains we
New this morning, morning,the United Nations has been quick to set an emergency meeting that will take place today, following north koreas supposed Hydrogen Bomb test. Test. Last night the state media in the isolated country announced the test but right now the us cant confirm if the test actually happened and it could be several days before it can. A south Korean Spy Agency says north korea may have tested an atomic bomb and not a Hydrogen Bomb which would be a lot more powerful. Nations around the world have already imposed sanctions on north korea in the past for pursuing a nuclear program. Back here in the United States, the president has laid out executive actions he hopes will curb gun violence. In a white house address, president obama says he will tighten existing laws without infringing on the rights of point, he was brought to tears as he spoke of the 20 first graders gunned down in their classrooms in newtown, connecticut. And from every family who never imagined that their
Thank you. I want to not something before we start that also meeting today starting at 2 oclock and cohen and i each have a items and if land use if this Committee Hearing is still going when those items supervisor cohens item gets called we will take a brief recess and resume when theyre done i dont think either item will take long. Madam clerk call number one its a resolution of the president to permit the issuance the qualified Revenue Bonds for the presidio avenue. Okay. And supervisor breed is the author of this item and understand that ann ray merry from the office of Housing Community development. Good afternoon, supervisors im ann im from the Mayors Office of housing and Community Development this is for the city to submit an application to the Debt Committee to issue up to 15 million in Revenue Bonds in support of the john burton housing complex that will be 50 new units for singlefamily homes the Booker T Washington is using the Housing Authority and the new participating at
The San Francisco Land Use Economic Development committee im scott wiener the chairman of the committee to my left is Supervisor Malia Cohen and our vice chair is supervisor kim will be joining us momentary. Our clerk is andrea and i want to thank sfgovtv for broadcasting todays hearing. Madam clerk, any announcements . Yes please be advised the ringing of and use of cell phones, implemented copies the documents should be submitted 90 to the clerk and it will be on the august agenda. Thank you. I want to not something before we start that also meeting today starting at 2 oclock and cohen and i each have a items and if land use if this Committee Hearing is still going when those items supervisor cohens item gets called we will take a brief recess and resume when theyre done i dont think either item will take long. Madam clerk call number one its a resolution of the president to permit the issuance the qualified Revenue Bonds for the presidio avenue. Okay. And supervisor breed is the aut
The august agenda. Thank you. I want to not something before we start that also meeting today starting at 2 oclock and cohen and i each have a items and if land use if this Committee Hearing is still going when those items supervisor cohens item gets called we will take a brief recess and resume when theyre done i dont think either item will take long. Madam clerk call number one its a resolution of the president to permit the issuance the qualified Revenue Bonds for the presidio avenue. Okay. And supervisor breed is the author of this item and understand that ann ray merry from the office of Housing Community development. Good afternoon, supervisors im ann im from the Mayors Office of housing and Community Development this is for the city to submit an application to the Debt Committee to issue up to 15 million in Revenue Bonds in support of the john burton housing complex that will be 50 new units for singlefamily homes the Booker T Washington is using the Housing Authority and the ne