Interesting to see the 2021 look forwards. All we have is good conversation and a look at the tea leaves. Lisa is going to talk about jobless claims and all the rest of it, but i want to look at the granularity. Is a pandemic ago stock, and there is the reality which i believe you mentioned yesterday. I cant remember which property you mentioned it on. You know what . Retail is really struggling. Jonathan this is the story. A stock like macys has done pretty well over the past week, but that is the difference between the ketchup trade the catchup trade and a durable trade. I think that is the story for hours. T couple of we got to get through the next couple of months. Tom i mean, it is a comedy. But this is not funny. In south australia, you can now not walk your dog because of pandemic fears. Talk ofes of the macro the Bloomberg New Economy Forum and the realities that lisa has been talking about here day by day. That gets your attention. Jonathan and initial jobless claims will get
Caroline you know what . I will go for the interruption technique. No, i am going to play nice. By caffeine and sugar. I tried sweet potato with marshmallow on top, and American American top, an delicacy. Not so sure about it. Onathan a quiet day ahead both sides of the olanta. Caroline of the atlantic. Caroline this is like a black friday of no other. We will have empty stores. Everyone is online. But those traders will still be logging onto their computers. I feel as though perhaps we are going to get a little more activity than we use to. Certainly we sought on the cryptocurrency front. Jonathan we start with equity futures and work our way through the bond market, foreignexchange as well. Equity futures up about seven on the s p 500. We advanced 0. 2 . Outside of that, and the bond market, mentioned the bid into treasuries. Yields coming in on the 30 year to 0. 86 . Eurodollar, some really big calls coming through. Theres a feeling that maybe next year is a repeat of 2017, when we
With all of our upcoming events, podcasts and publications and more on our website at wilsoncenter. Org and in particular, i want to invite you to give a listen to our podcast reference to the x article and the newest podcast, the russia file. Let me just remind everybody tut the conversation and weve already gotten quite a few of them, you can submit questions by email, and please list your name and affiliation as if a live event at the wilson kennan center, and im more likely to call out than if youre unidentified. And fiona hill from Brookings Institution and as many of you know for the Russian Affairs on the National Security council. That was 201719. From 2006, National Intelligence office for russia and eurasia at the National Intelligence council ap coauthor of the wellreceived and widery read book mr. Putin, operative in the kremlin, an update of a previous book. And i want it note that the two of them authored a useful piece still for those of us thinking about russias develop
Lets get your headlines for you. Beijing cansles flights and orders schools to close as chinese cases of the coronavirus rise. Infections. New jay powell said the fed will use all tools to defend the economy. Robert caplain said healthcare policies are key to recovery. Indias defense stocks gain after the first deadly clash with china. The first clash resulting in death between the two countries in 45 years. Now we have e. U. Car sales coming out and the drop is substantial as you may expect. 57 is the european car sales drop in may. This comes after the much bigger plunge of 78 in april. Car sales falling by more than half. 57 in may after the 78 plunge in april. Of course that is not unexpected considering the fact that most of the month at least Car Dealerships were closed in many countries in the European Union. Just under an hour away from the start of cash equity trading in europe. Lets take a look at futures this morning. As we said, a little bit of a pause in the risk rally. Ts
Alive cablecast did online, too. This is the same channel as the regular Board Meetings. The live video stream will also be available online. Welcome to the district Staff Members and members of the public. Thank you to the budget staff in advance for their the hard work and getting information ready for this special meeting. The process for this afternoon, i would like to turn it over first to superintendent matthews and the staff who will start out with a presentation. I will then open it up to Public Comment and depending upon how many speakers we have requested, i will also put a time limit in case, again, really wanting the purpose of todays meeting to have dialogue amongst the commissioners. We have had a lot we had lots of engagement as well the past tuesday evening at our Board Meeting and we will also have an opportunity this upcoming week as well. So at this time, i would like to turn it over actually, before i turn it over to dr. Matthews, you know, the purpose of the meetin