Ago wrapping her comments in Raleigh North Carolina. This was her first major Policy Speech since becoming lead on the ticket for democrats is the president ial candidate of the democrat party. She began saying shell have more incoming speeches. This was largely focused on inflation and on housing. In terms of her economic vision. It included as you just are discussed 25,000 in a down Payment Support for firsttime homebuyers. A big expansion to the Child Tax Credit and this is getting a lot of attention, federal ban on Price Gouging for food and groceries. Watch. Will help the Food Industry become more competitive because i believe competition is the lifeblood of our Economy. More competition means lower prices for you and your families. Charles payne and David Asman watching all of this very closely. The will join us in just a moment. Some have said there some of the program sound a lot like socialist or communist governments in terms of how they approach business. The Vice President
Decision Last Night didnt actually touch that lAndmark decision. We will be putting Codification Shannon And doesnt are dead tonight following historic flooding in new York City And surrounding northeastern states from the remnants of Hurricane Ida that brought recordbreaking rain. How chasing he would not be surprised at all if three doses will become the new requirement to be considered fully faxed against covid. That comes a Letter Put out you could be taken into custody by not complying with the protocols paid would begin tonight with the growing concern about the still strAnded in afghanistan. And how the administration is answering And not answering questions about what is being done to get them out. White House Correspondent Kevin corke. Good evening, kevin. Good evening. Tries a mind to change the subject from the ongoing Drama Unfolding in afghanistan, the White House tonight finds itself in the unenviable position of trying to promote its domestic agenda at a time of the coun
Thank you. thank you. We have a quorum. at this time are there any communications. Item Number two, communications. Due to the covid 19 Health Emergency and to protect members, the Retirement System is closed. Other members participating in the meeting remotely this is taken in precaution to the State Order and directives. Members participating via Video Conference as if they were physically present. Public comment will be available on each item on the agenda. You will be given two items to speak. When connected you will hear the meeting discussions but be muted and in listening mode only. When your item of interest comes up Press Star three. Best practices are to call from a quiet location, speak clearly and slowly and turn down your tv or radio. thank you very much. Is there any public comment . moderator, do we have any callers on the line. Madam Secretary, there are no callers on the line. thank you. Hearing no calls, public comment is now closed. call the next item, please. action
Take Roll Call. Roll Call . thank you. thank you. We have a quorum. at this time are there any communications. Item Number two, communications. Due to the covid 19 Health Emergency and to protect members, the Retirement System is closed. Other members participating in the meeting remotely this is taken in precaution to the State Order and directives. Members participating via Video Conference as if they were physically present. Public comment will be available on each item on the agenda. You will be given two items to speak. When connected you will hear the meeting discussions but be muted and in listening mode only. When your item of interest comes up Press Star three. Best practices are to call from a quiet location, speak clearly and slowly and turn down your tv or radio. thank you very much. Is there any public comment . moderator, do we have any callers on the line. Madam Secretary, there are no callers on the line. thank you. Hearing no calls, public comment is now closed. call t
Negative Cash Flow which puts youunder a healthy state. If you were to divide that Cash Outflow of 500 million, its around 1 and a Half Percent for most plans. Thats from 1 to 3 so you comfortably have deficient liquidity to be able to invest in the less liquid private Market Asset classes which are produced extraordinarily higher returns so again, nothing on this page ofconcern. The next two pages go through more detail. Your rankings against your pur group. If we start on page 23, the one your results, each point in that chart is a public fund greater than 1 billion. They are plotted on the verticalscale in terms of return. On the horizontal tail in terms of tenderdeviation. San francisco is the green square so as we noted early, a Performance Result slightly before medium and look at that level of that line, its 30 percent. So extraordinary performance but below median in arising market. Substantially lower risk than appeared group which we said earlier. The black triangle is your P