Jay powell is also losing patience and is ready to cut. The dollar fell against most major peers. The s p 500 is near a record. Xi jinping heads for historic talks in north korea. Beijing says its influence on the divided Korean Peninsula remains significant. Kathleen we are starting on the bond market because that is where we saw the action, really saw the reaction to the Federal Reserves decidedly dovish turn. Side of your screen, you can see the big move down. We had the 12 basis point drop in yields. 1. 74 . , jim bullard,ove president of the st. Louis that, saying the fed should cut right now, today, really putting some fire into treasuries. As for stocks, your alltime high for the s p 500, these are not big gains, but these are gains, nonetheless and we have seen s p futures pointing to a. It of a decline if you look at fed funds futures, that that is they could definitely do it as early as the july meeting. How about this playing out in asian markets. The stock rally brother loo
Yesterday. Happy monday. What a glorious monday. Us more fun day. E fu so President Biden n theyis wearing sneakers that e designed to prevent him from ent him falling. Heres the prototype and this is exciting. Theyre also working on a o shoe that will keep kamala from talking. Meanwhile, the president th bracing a Huge National Security Threat as gangs flee a violent, torn haiti. Joes already gathered a force to repel them. Just days ago, the president was seen, confused and feeble as ushered him inside as it began to rain during an sayings its hard enough to keep his pants dry whenugh. Hes indoors, but thehas anno country needs their has announced an end to their military relationshinshipp. The United States. Dont expect biden to commen. T i on matter. His staff is terrified hell mispronounce the namsuncee. Go. Two thirds of us adults wouldlts rather skip the Movie Theaters and watc skih new flicks at homn on streaming. Caat way, women can look at their phones throughout the movie an
Litter is the game chang. Try it today, go choo, pretty litter. Com im Clarissa Ward in jerusalem, and this is cnn Closed Captioning is brought to you by sokoloff law mesothelial. The victims call now 30 billion in trust money has been set aside. You may be entitled to a portion of that money all when 808592400. Thats when 808592400 former President Donald Trump scoring a victory in Georgia Election subversion case. But the war against top Prosecutor Fani Willis is yet to be decided. But it for the former president , after the Presiding Judge throws out some of the charges against trump, a bigger decision still looms over the case for judge scott mcafee, his office own selfimposed deadline. Now, just two days away. Plus one of the most popular social media apps in the world. One step closer to being banned in the United States. The house passing a bill that could ban tiktok from app stores. So whats next for tiktok . N house, the senate going to handle this moving forward and wait unti
Data right now Barclays Says yes, the economist joins us to make the case. We are at historic lows and housing inventory, why thats pushing home prices down and rents down and how that will impact inflation reits and households well get to that. First, lets get a check on the markets. There is differentiation and the outperformance is coming in the blue chip Dow Jones Industrial average. Its been an underperformer with the broader s p and the nasdaq composite, todays trade has a lot of those kind of valueoriented type stocks one in the blue chip index and the dow is up 250 points and 1 higher and four companies are making the bulk of those gains and its United Health and amgen and also mcdonalds and boeing so if you take a look at some of those stocks and thats whats powering the dow and up about 30 points and right near session highs and we were up 32 points and up about 13 at the low and a positive day twothirds of 1 gain so far the nasdaq composite is an underperformer and reversion
End of the agenda if speakers exceed 15 minutes of general Public Comment, members of the public who wish to speak at this time. May line up against the wall for this from the door. If in the chamber if you were calling in, please dial 41565500. And use that meeting number excess code of 2484133. 2721. Pound pound and then press start three. Okay . And it appears we do not have any members of the publican person who wants to speak on in under general Public Comment. Sf gov t v. Do we have any callers and they are indicating we do not have any callers that have expressed interest in speaking on this, so we dont have public general Public Comment. That concludes Public Comment. Please call the next item item two is communications and the directors report. Communications include the Restricted Communications report of contracts out, but for a bit forbid, but have not been awarded yet. And the hmm. The communications also include the commissions advanced calendar and a memo reporting the O