And only talk about the virus, the vaccine developments, when there is not much thats new. Why do this at all on a friday evening . I cant answer that. Its good to get out of the house, i guess. Been announcement about pfizer come a couple of weeks earlier, which to be clear, doesnt appear the science would have allowed, im sure we would be talking about a different political landscape. Even with that bad timing. It is certainly an achievement for this administration to have been able to help accelerate some of these vaccines, like the vaccineng moderna into the final stages, and hopefully the level of emergency approval and access to the American Public by the end of the year. That remains a very big deal if it does go that way. Emily can you clarify for the record what pfizers involvement was in operation warp speed . They did not get money from the government, saying they misrepresented the involvement. What do we know to be the truth about that . Question, andeat its important we c
Shares of pharmacy giants are under pressure after amazon said it was jumping into the Prescription Drug business bowe is off a little pour than 100 points nasdaq and s p clinging on the gains. Coming on todays show, retail earnings season full swing. Shares of coles are higher after topping eps estimates this morning. We will talk with the ceo. Plus, as the u. S. Is seth coronavirus records we will talk with dr. Eric gooseby. All of that still to come. First lets focus on the big stories today. Mike santoli is tracking the market phil lebeau has more on teslas spree into the s p 500 and we will talk about the pharmacy space and amendss move into it. Mike santoli lets start with you. It was the morning was off the lows a mild pullback. Market seemed like it needed to cool off and rest for a day. Right now riding the upper rail here we close at a record yesterday remember that. Above 3600 working below week ago mondays high hard to tell whether thats going the matter or not. Thats about
Then pound appound again. You will hear the meeting discussion but yo you will be md ied listening mode only. Call from quiet location and turndown your television and radio use or submit by email to marrtotothe committee. Please note this meeting is recorded will be available at sfgovtv. Org. Would you like me to call roll . Yes, please call the roll. roll call . All are present. We have a quorum. Welcome everyone to day one of our city, our home oversight committee. We will move to item 2. Do we have any Public Comment at this time . Members of the public who wish to comment should call 4156550001 access code 1460283650 and pound and pound. If you havent done so please dial star three to speak. A system prompt will indicate you have raised your hand. Wait until you have been unmuted. You have three minutes. Checking the list now. There are no callers. Thank you. We will move to item 3. Approval, with possible modification of the minutes of the october 20 meeting. Is there a motion to
We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
For nevada, they are also threatening legal action in pennsylvania, georgia, and other battleground states. We should note that in the battleground state of pennsylvania, they are saying, the trump companion, they have victory by allowing poll watchers to be participating in these votes that are being counted. Either way, when i speak to sources on both joe bidens campaign and President Trumps campaign, both sides are saying they feel confident they will win. There are no more scheduled Public Events for President Trump later today. We are anticipating we will hear from President Trump on camera. Thatd that, we should note another state the Trump Campaign says they would like to see reversed is arizona. Where phoenixy, is located, those results anticipated in the evening hours, new york time. Bottomline, that is where things stand. There will become as you mentioned, as steady inflow of data, including in this hour in nevada throughout the day. David the subject of that pennsylvania vi