Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton b
When you get Companies Like jp morgan, wells fargo up 2 , 3 . I pose this question back to liz ann sonders. Talk to me about the health of the consumer. I know that they dont like the extra low rates. , auto loans,s credit card rates at zero, to the banks then get some hope that they could lend to what is a healthy consumer . Liz ann they can still land. The question is the sustainability of the health of the consumer. There were great fears that we inld see a big rolling over consumption. The is probably because of savings cushion. That was maybe not quite accurate given what happened with the complete shutdown in the economy. 19 or so per that has been nearterm. I think that is on the assumption we get a phase four fiscal plan. The concern, during the period receivingloyed were the spending was significantly more in relative terms than the spending of the employed cohort. The move down in savings i dont think lasts in patootie, especially if we dont see improvement on the job games f
Of that. And in terms of the month on month number we are looking at a 16 jump. So a decent recovery in the Housing Market. It is starting to show signs of life again. We will talk more detail about what is happening in the Housing Market, in terms of construction in the united states, all in a moment. Alix the Richmond Fed Manufacturing index at zero. Could not imagine a world where that would be good news. Coming up onlking what is happening in the Trump Administration and how the markets need to look at midnight tweets coming from the president. Libby cantrell from pimco will be here. And we will break down the housing data a little more closely now with taylor richardson. With nela richardson. You are an expert in housing, so where are we in the Housing Market in terms of a recovery . Nela i think that the Housing Market is holding up pretty well. We might see a great social experiment, now that many of us are working from home. Even as new listings have been pulled out of the mark
Commissioner scott this is commissioner scott. I move the acceptance and staff recommendations contained in the presentation now on page 29 and ive forgotten the earlier page and the resulting rate cards that have been presented. President breslin do i have a second . Vice president follansbee this is commissioner follansbee. I second the motion. President breslin any other discussion . Commissioner zvanski commissioner breslin, im sorry. I was muted, but i do have a couple of questions, if i may. President breslin certainly. Go ahead. Commissioner zvanski ive noticed for some employees, the employee and family plus rate have been going down im sorry for the echo and im wondering why those rates or at least the outofpocket seems to be diminishing. I was curious about that, and i may have misunderstood something. I thought i saw somewhere there was a charge for a u. H. C. Dental h. M. O. , and im wondering what happened because i thought we had delta for employees. And the last thing, i
Board commissioners, the Health Service system staff and members of the public. I wish to thank all the people who have worked many hours to make this meeting possible. Please note that our board secretary Natalie Ekberg and many of the Commission Secretaries across the city have collaborated to learn about these meetings. I also wish to note that our internal team has worked behind the scenes to provide the technical support, including marina coridge, Brian Rodriguez and others have stepped in to help manage our Public Comments today. I want to share my gratitude and thanks to all of you, as well as the Health Service staff who have helped make this meeting a reality. And finally id also like to acknowledge the Citys Department and Technology Staff of government tv for their time and energy into preparing our team. The staff and board commissioners appreciate all of your dedicated work, and i would like the board secretary to share her remarks regarding how to conduct ourselves in thi