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Vaccine. Finding a compromise. Agrees to slowly add more Oil Next Year after days of an stoxx. The Saudi Arabian energy miss mr. Process excruciating. Happy friday. It is excruciating for some of those journalists who stayed up late for that press conference. Look at where we trade friday morning. The s p 500 a bit over concerns roll outow pfizer will that vaccine. We are pushing a little higher this morning on the futures. Is this durable . What stands out is a record in the u. S. , a grim record of high infections as well as hospitalizations. Hospitalizations at the highest rate we have seen the entire time this pandemic. With rates increasing, that means more lockdowns of economies in cities and states. Gavin newsom in california warning california they could be next. The labor market, we will get a read on today. The november jobs report will come out today. Lets take a loo ....
Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the question is how long is that last. Lets dig into some of the top stories guy was minting. Germany extending its partial lockdown. Sweden shutting some schools as well. Joining us with more is sam fazeli, Bloomberg Intelligence senior pharmaceutical analyst. We have seen more targeted lockdowns and extensions. Is any of that working now in europe . Sam yes, they are. Funny that we have countries going at different paces which is norma ....
Facebook. And support the amazing events at the funds with this quarantine dance this weekend. Visit the website to learn more. And i left off fred. Fred is going to kill me. Thank you to our executive director fred, who is as we speak is watching and working so hard to put together an amazing virtual pride event. Thank you, thank you, thank you, fred lopez. Thank you all so much. Take care and show your pride. So great to host with you, carolyn. Great to host with you. Happy pride. Thank you all. Bye. Good morning. The meeting will come to order. Welcome to the thursday, july 16 meeting of the government oversight and audit committee. Im joined by vice chair aaron peskin and Committee Member matt haney. Thank you to john carol and i would like to thank sfgovtv. Mr. Clerk, any announcements . Yes, thank you, mr. Chair. In order to protect board members, City Employees and t ....