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Bloomberg surveillance. We welcome all of you. Markets on the move. Price upcoming yields down. With that away important claims number. Jonathan just a sense of risk aversion. Everything you expect playing out. Ive said it before, i will say it again. For most people come of the gdp numbers are for the economic historians. The payroll claims, the jobless claims are for the traders. Intothe high data folds the ugly gdp report. What do you see within your reading of the linkage of the American Economy into your bond market . Lisa that is what i am struggling with right now. I was looking at the yields, the rate that these companies are charged to borrow money. The yield is almost near a record low at about 0. 5 away. What is the message from that . Economically, how do you connect that to anything going on with the jobless claims, other than just what the fed is doing to stimulate growth . Tom jon ferro, answer the question. How c ....
First responders during the coronavirus pandemic. The house sign space and Technology Committee is hosting. You are watching live coverage on cspan. We can understand more clearly what we are facing. Significant n to local estate tax revenue. And other sources of support for Fire Departments. Facing some departments the hardest decision for firefighters in this crisis. We are in the middle of this health guide trips Health Crisis that at the same time the country is addressing longstanding racism. We are also in the early days of [inaudible] paul. Are not on mute, im sorry . [beep] ok. Thismain in the middle of health and economic crisis at the same time our country is confronting racial injustice. On top of that, we are in the early days of an honest wildfire hurricane season. This is a time of great uncertainty. ....
Well get them involved in a few moments, but we do begin with the aforementioned jeffrey gunned lach, founder and show of Doubleline Capital thanks for having us. Welcome, judge. Glad to have you here at doubleline. A big day, obviously fed day. New high yet again for the dow surprises today. The fed is going to hike, right . Of course, the fed is going to hike. The real message of 2017 i think is that this is the year that the fed won. You know, 14 short mondays ago the bond Market Pricing said, fed, you wont be able to raise three times in 2017. Actually before the election it was about a onehalf hike is what the bond market was pricing in then the market started to exit late and in late february a couple of fed governor talked about a march hike and the bond market for the first time in years changed on a dime based on fed rhetoric and ever since february the bond mark ....
Its a new thing called dynamic pricing taking a page from lyft and uber. Where theres a need, well, youll be paying more. Heres the story. I dont think thats a good idea. I guess we have no choice. It sucks obviously. Reporter even city hall was quick to respond especially when they heard that over time parking rates could go as high as 8 an hour in some parts of the city. Well, i think it just starts off with the assumption that everybody in San Francisco is rich. Reporter yes. Prices could go up or they could go down depending on the time of day, but transportation planners say critics are missing the main point. Were trying to make it easier and faster to find Parking Spaces in San Francisco. Reporter its called dynamic pricing and we already have it on the seven state bridges that cross the bay area. Rush hour commuter ....