To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discuss president elect biden pick of janet yellen to lead his treasury administration. Lets get the latest from wall street mike santoli is tracking the action to led us to dow 30k. Certainly the story today because of that big round number i am going to keep it consistent, though, and take a fwlims at the s p 500. Similar look in every respect in terms of getting back up pretty much to an alltime hig
Thank you had Industrial Production numbers as well and investment rose faster than expected. Oil demand is suffering a fresh blow from a resurgent of the pandemic keeping frustration on opec members as they prepared to meet this week. It is 8 00 a. M. Across the emirates. Got quite a rally. Futures. E, u. S. Equity not a lot of Economic Data expected in the coming days. A lot of the focus is going to be on the raging impact of the coronavirus not just in the United States but beyond. Percent higher. Morgan stanley joining Goldman Sachs in pinning a positive outlook for equities. Their base case for it to reach 3900 by the end of 2021. 10yearyearolds yields at a dip it gave it a few goes. Fews going to go be a pesky trading sessions. Bowe bergdahl are down. 25 percent. This new trade deal adds to negative dollar sentiment. 1 as we countby down to the meeting. Gathering sion it is not a policy what is underway in the markets over there. We are seeing an 11 session of gains with the Msci
What we are get interesting the university of Michigan Sentiment survey. The headline number, way, way weaker than anticipated. That number coming in at 77. Thats down from 81. 8 last time around. When things are good well north of 100. The expectation was for 82. Current conditions, 85. 8. Thats actually ahead of expectations. But its the expectation number, the forwardlooking number here, that is really sharply lower. Coming through at 71. 3, alix, versus 79. 1 in terms of where the market, the economists had forecast that number. Down from 79. 2. A much more gloomy outlook for the u. S. Consumer from the u. S. Consumer. Alix no doubt. As covid cases are spiking everywhere here in the new york, it feels like we are headed for a School Shutdown as well. Get the read on what that means to the consirmse with ajay. Its always good to get your read. You have this more pessimistic expectation outlook from the consumer. Then you have rising covid cases and you have targeted regional shutdow
Were wearing our masks and complying with our Health Orders because thats how were going to be able to continue to not only get through this but adapt to the needs to make sure that we are able to not only vote but vote safely. Thats what this is all about and so thank you all so much for joining us here to the today. [applause] hello and welcome to the tuesday, october 20, 2020 Committee Meeting of the Entertainment Commission. The city hall meeting rooms are closed and members and employees will be participating in the monthly meeting remotely. This is taken under the directives and Commission Members and employees will attend the meeting through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comment will be available on each item on the agenda. And channel 26 and sfgov tv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Opportunities to speak during the Public Comment ar
As if they were physically present. Public comment will be available on each item on the agenda. And channel 26 and sfgov tv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Opportunities to speak during the Public Comment are available using zoom with meeting 86841426790 or call 16699006833. Using zoom platform to speak, select the raise hand option when it is time for Public Comment. If calling by phone, dial star 9 and we will be unmuted when it is your turn to speak. And please call from a quiet location, speak clearly and slowly and turn down the television and radio. When the item comes up, please call from a quiet sorry. Its all written there twice. Alternately while we recommend that you use zoom audio or a telephone, you may submit a written Public Comment and thank you for sharing this meeting with the public. We will start with a roll call. [roll call taken] all right. First order of business is Public Comment. And this is f