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The s p 500 are lower. Wti trading at 5. 31. We have a lot to discuss about the oil markets. The 40s and staying there. The dollar index inching ever higher. Sticking with the oil markets, we had that etf halted earlier today, as it was tapped out. Lets take a deeper dive in the oil market with taylor riggs. Taylor as you mentioned, a risk off tone across the board even as we look across asset. High yield of debt is down, so is copper. 10 year yields down to 56 basis points or so. The lowest yields going back to march. The dollar is stronger, treasuries are stronger. Dollar is ruling in this time of stress. Something else going on in the oil markets, on the uso etf, it was briefly halted for volatility trading. It is now reopened but we are still down. It does reflect the changes we have seen in the wti contract. It has been plummeting along with the price of oil. If you look at the chart im showing in my terminal, something wonky is going on in the etf market, given there is such a ru ....
Good afternoon. Welcome to the Land Use Transportation Committee for with monday, may 11, 2020. I am the chair of the committee, chair peskin. Clerk, do you have any announcements . Clerk we, due to the covid19 pandemic, the board of supervisors legislative chamber and Committee Room are closed. Members will be participating online as if they are present. Channel 26 and online we are streaming. People will be allowed two minutes to speak. Ability to make comments are available by phone by calling 8882045984. The access code is 3501008. Press pound and then pound again. When you are connect with, dial 1 and then 0 to be put in the queue. When you are waiting, the system will be silent. You will be notified. Everyone must account for time delays between live coverage and streaming. Best practices are to call from a quiet location, speak clearly and slowly, an ....
Good afternoon and welcome to the may 5th, 2020 regular meeting of the San Francisco board of supervisors and i want to wish everybody a happy cinco de mio. Madam clerk, please call the roll. role call . Mr. President , you have quorum. Thank you, madam clerk. Will you please join me in reciting the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible with liberty and justice for all. On behalf of the board, i would like to acknowledge the staff at sfg tv who record each of our meetings and make the transcripts available to public online. And madam clerk, any communications . Yes, mr. President. During the Ongoing Health emergency, members are participating in the Bo ....
Correspondent kimberly health has more. Record highs and expected to keep climbing because the reason that we dont believe were at the peak in terms of filings yet is that this is just an older system throughout the United States that was never set up for this abundance of claims to be filed so we expect the numbers are going to continue to climb for at least a few more weeks you know the projections of gone as high as 46000000 in terms of the number of americans that lost their job overnight now this weve seen this sort of manifest in a number of ways weve seen very long lines at food banks weve seen people wondering how theyre going to pay their bills of course they some americans did get checks in part of one of those rescue packages from the u. S. Congress but Many Americans a single individuals got just 1200. 00 and the cost of rent plus you know just a weeks worth of gro ....
South africa as a reserve forces are deployed to enforce its lockdown this cape town reports are winds of looting. And the lockdown forces writers and bookstores to find a new way to celebrate stories on world books say. Hello new figures released in the u. S. Paint a picture of an economy devastated by the coronavirus in just 5 weeks all the jobs created since the end of the 2009 recession have been wiped out so here are the numbers last week another 4400000 americans filed for Unemployment Benefits this is the 3rd week the number of new claims has declined so a sign the worst of the shock may be over but it does mean a record 26400000. 00 americans have lost their jobs since the end of march when lockdowns shut down production and led to mass staff furloughs thats more than 15 percent of the u. S. Workforce meanwhile members of the u. S. House of representatives representatives have returned to washington where theyre exp ....