When looking at fiscal years 20, 21 and 2122, its important to note the significant reduction in state revenue state reassignment, ab109 dollars and while they continue to remain fairly stable, ab109 allocation have been significantly reduced. We are projecting an increase in Grant Funding from the star, which grant through department of publichealth, which is the supporting treatment and reducing recidivism grant, and two additional grants that adult probation has applied for to assist in expanding housing opportunities and treatment for justice involved people with Mental Health and co occurring disorders. Both our bureau of justice funding opportunities that we are very hopeful that we be competitive and eventually decide. To help with that program and then certainly an increase due to the other two grant opportunities if wore fortunate to get those. The increase in rent from 20192021 is over a Million Dollars. And that is due to the departments pending relocation to 945 bryant in t
Could be cut short. A truce could be included in a partial deal. Turkish enters Turkish Forces enter syria. President trump orders his forces to stand aside. In an exclusive interview, olli rehn reports that mario draghi ignored advice on qe, says that is greatly exaggerated and stresses the need for togetherness. Olli i value team play. If you are divided you tend to lose games, if you are united, you tend to score. Anna less than half an hour to the start of the trading day, lets check futures. Looking at some futures that suggest some upside. Keep an eye on what is going on in u. S. Futures, incredibly volatile. U. S. Futures, the overall picture does not tell the excitement of the story. Over the last three hours we 1 e seen four more than swings. A great deal of volatility. That is what the Asian Session is telling us. The Chinese Markets up 0. 7 . South korea down 0. 9 . A lot of action in the expectations or lack of expectations. Currency markets moved around by that. And the Au
And abandons the goal of eliminating the deficit within 10 years. Goldman sachs says the fed will hike four times this year. Party isicas ruling set to tell president zuma to quit after he refuses to resign voluntarily. They hold a key News Conference later today. Matt we are less than a half hour away from the european open. Lets take a look at what futures look like here in europe. We saw gainsafter in u. S. Stocks for two days in a row. We saw gains in asian stocks as well. Down have european futures we see a negative open for everybody except for the ftse. , they have gone up another coming back down. 2. 8385. You can get a sense of where weve been. On friday, backup yesterday, and down today. Hanging in that range for just about the last week. Maybe the fears are unfounded that yields will spike up to 3 or higher. We wrote the headline that europe was going to open higher but only just about four minutes ago so european futures on the turn as we speak. Lower but only just, seems t
Inflation did rise. So what did stocks do in they went up. Its all just a case ofuring that market adage inside outside. In this case, se the rumor, buy the news. After a stumble out of the gate tonight, equties rallied, and strongly, for a fourth straight session. The Dow Jones Industrial average advanced to 24,893. The nasdaq added 130 and the s p 0 was up 35. Babb pisani mightily tries to hy explain w stocks went up todwh most thought he would go down. Reporter is the market worried about inflation or not . Stocks took a knows dive on february 2nd when the jobs report pointed to strongh. Wage grow it fell on today when a read on consumer inflation came in stronger. But by late morning the market recouped all of its losses and move higher. What happened . First volatility has been a big wory recent. Today the main measure of volatility, the vix dropped dramatically, indicating that traders who make bets on volatility were betting that volatility would be lower in the next month. That
York times article that describes amazon as a bruising place to work. Liberty buying zulily in a deal valued at 2. 4 billion. And tesla is down. First up, the markets are coming off of a volatile week. Oil sliding below 42. Data showing japans economy contracted in the Second Quarter. Another setback for abae. Look consumption down almost a full point quarter on quarter. Is there qe really work . Their stock market loves it. They dont have growth. This is a demographic issue. Japan doesnt have the demographics we have. We have tremendous growth jer us the versus japan and china. Chinas stock market dedoubled from the economy. Our stock market controlled maybe by the fed. Europe controlled by the low rates of interest on bonds. So people are searching for markets that are natural and organic and not on steroids. It occurred to me this morning, theres japan. Theres china, the discussion from last week. Were waiting for the bund and the stock bailout. The world is a tough room if youre ex