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Transcripts For CNBC Power Lunch 20240713

Sentiment. Energy stocks higher now for the second day in a row. Thats as oil jumps to its highest level in nearly a month. Back near 30 a barrel whats going on there . Plus, texas reopening. Maybe that has something to do with it. Texas reopening restaurants and Retail Stores over the past week well talk to one restaurantur who owns about ten restaurants in texas looking forward to that. Thanks stocks are on track for their worst in two months. Even as we take a peak at green, positive territory. If you take a look, tyler mentioned a 270 point decline for the dow industrials. We are hover, there you have it. A new fresh intraday high as the dow is up 32 points. Its not a lot but all three sectors in the green they were all in the red at one point so far today take a look at energy. We mentioned those oil prices. Remember, focus on technology. Were marginally in red territory. A volatile session for the bond market on this friday after a record drop in retail sales. Lets get to rick fo

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Transcripts For CNBC Closing Bell 20240713

Have set new alltime highs today with corporate earnings sending some mixed messages to investors. And the target miss rippling through the market, were seeing some take a hit. Joining us for the full hour, paul hicky, cofounder of the spoke Investment Group do you see any interplay between these big stories that were watching today so i think combined, they play into themes that weve been looking at coming into the year. So the pros and cons of the market heading into 2020 now, were pretty much evenly split. And the target could be a sign that maybe the economy is a little bit weaker than people are seeing were seeing weaker than expected data. On the positive side, were seeing the market continue to hit new highs. And the number one positive we look at is dont fight the tape. When we see new highs like this, you dont want to fight the market and trade is important its not necessarily a positive or negative, but at least weve got this behind us and theres very little in the way of exp

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Transcripts For SFGTV Government Access Programming 20240713

In isolation. We are working with the Behavioral Health system, and as i said time and time again there is a real issue around equity. Around those 4,000 people that we know we are not serving properly, 35 of them are africanamerican. We need to call out the injustices in these systems and make deliberate investments in targeting the population that continue to get left out when we propose new solutions to support the communities that we know are most vulnerable. So we are going to be making deliberate investments around making sure that africanamericans are supported as we move this process forward. [ applause ]. Mayor breed i want to thank dr. Nigusse bland and dr. Colfax because you have been doing the difficult work of managing the system with the resources that you have and not necessarily getting the support that you need to do it and that change starts today. That change wont happen overnight. We will be working towards making this a more justice, equitable, fair system using da

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Transcripts For SFGTV Government Access Programming 20240713

Mayor breed hello, everybody. Im london breed. Im mayor of the city and county of San Francisco, and i am so excited to be here today. We all know that there is a real crisis in our city, and i know that we hear that word used on a regular basis. But in this particular case what we see happening with those who are struggling with Mental Illness and Substance Use disorder and chronic homelessness is something that we see every day and we need to take aggressive action to address that issue. I am standing here with supervisor Hillary Ronen and mandelman to announce that even though we have had two competing measures, we have come together to do what is in the best interest of this city to introduce today at the board of supervisors a compromise that is going to help us address the most significant problem in our city. [ applause ]. Mayor breed i not only want to thank the supervisors, but i wanted to thank lou girardo. You remember lou has someone who worked with the board of supervisors

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Transcripts For SFGTV Government Access Programming 20240713

Ccba president. Dont take that kind of commitment lightly or for granted. Thank you so much. The ed lee democratic club. You guys gave the best testimony, but you also had the best stickers hands down when we were in the testimony room. Many of you worked hard with and for ed during his years as mayor and that came out when you gave your public testimony. Thank you. Also to our grassroots leaders to the community associations. Our Nonprofit Community leaders from a. P. I. Council. Your coming out really showed that this campaign was Something Special to real people and not just us political types or quoks out the there and i thought that was meaningful. Jan sey, you came out, wayne lee. The sisters of cities communities, you came out. You clearly relished eds relishment. That will be my only bad joke. Individual friends of ed lee came out. You guys were really amazing and you were there all the time. Eds city family was incredibly helpful, the johnsons who arent here. Those who are her

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