Is the first air travel bubble of its kind. There we go. We should be watching airline stuff as well but a lot of that thisready priced in after bubble was announced a few weeks ago. A have a look at the tech index here. Alibaba and tencent on the market at the moment. They are taking 179 points off the hang seng index itself. That is as we are seeing this rotation out of tech stocks, a global phenomenon at the moment. This will be because of the regulatory challenges we will be facing through some of these online retailers. Juliet . Juliet lets get Market Analysis with patrick, the global asset strategist. Patrick, we are finally getting this news of this travel bubble between singapore and hong kong. This is one thing that investors have been looking for when we start to see Global Travel open up and how that will feed into the energy markets. Lets get to our question of the day. That is when will crude back to these march highs . What is your view . Patrick morning. We are not speci
Keep . Are we in agreement . I think i agree with supervisor ronen that these are interrelated and if we do find some funding, either from this or from, i dont care, you know, to fund the civilianization, then i am in agreement. Chair supervisor mandle man . Ok. Chair so i think that we have said that we will cattleya academcut threeAcademy Classes e chief which Academy Class to keep and not keep any of the Academy Class on reserve. Lets get to the overteam. Theres been a proposal from supervisor walton to cut the budget to 75 and by supervisor yourself eesupervisoryee to cute 50 in reserve and then theres a use of the overtime money for some of the overtime money to civilianize the police force. Now, supervisor walton, you have put a proposal of 75 of the 17 million to be cut from the overtime budget. Would you comfortable with supervisor yees proposal of a 50 cut and 25 of that 50 being put on reserve . Yes, yes. Thank you. Chair supervisor ronen, are you comfortable by cutting by 50
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Of dallas. He is appointed in september of 2015 and he represents the 11th Federal Reserve district on the federal open markets committee. Prior to his service for the dallas fed, kaplan was a martial professor of management practice and a senior associate dean at Harvard Business school. Kaplan had a 23 year career at Goldman Sachs and was ultimately named a senior director of the fern before joining harvard into thousand and six. Today, mr. Kaplan joins us to talk about what he believes the road to u. S. Economic recovery must look like in order for the country to bounce back from the damage done by covid19. He is also going to share his Economic Outlook for the rest of the country and into this year and into 2021. Mr. Kaplan, the virtual podium is yours. Right, thank you. Thank you kimberly and thank you everyone for having me here today. I will talk for a few minutes about, as kimberly said, the National Outlook and some of the key things that we need to do and some of the key chal