Stocks into value encyclicals keep up . Havens are bringing back some ground. The Federal Reserve warns there could be major downside for asset prices if the Economic Impacts of the virus is not mitigated. Will a vaccine or stimulus come soon enough . Welcome to the program, happy tuesday. Picking news from the u. K. , jobs data giving us a picture of the damage done or avoided on the u. K. Economy. The unemployment rate, a three month figure, we get an ,nemployment rate of 4. 8 exactly what was anticipated. It was on the rise. Very cushioned by the furlough scheme over the summer, and the end of september. Where we are on the jobless claims number, we have i go to this because we do not have survey data but it is interesting because it is october data, a little more impactful. The jobless claims change down by 29,800. , that looks lower than the prior period. Some of the data seems an improvement on the previous period. I go to that redhead line on the u. K. Unemployment story. 164,00
Good morning. I want to welcome everybody to this hearing today. Today, our select subcommittee is a hybrid hearing as some members will appear in person and others may appear remotely via webex. Since members are appearing in person, let me first remind everyone that pursuant to the latest guidance from the house attending physician, all individuals attending this and other hearings in person should be wearing face masks. Now, i did not make these rules. Thats the attending physician rules. And after this meeting i will consult with the attending physician and other authorities, and will make a determination as to whether or not we should recognize people in the hearing who do not wear facemasks. I happen to have been born and raised as the 21st of next month, will have spent all 80 of my years in south carolina. So i know a little bit about rules and i know about and mores. So i will consult with them. As of today i will share with the authorities in the attending physician the exper
And Steve Paulson has perfect weather, to begin our new week. And a huge congratulations, that is seriously major. Very nice. Yes, and the weather is not bad, even in livermore its not bad. We do have a lot of high clouds spilling out, weve had a lot of lows going over the bay area, this time tracking to the Pacific Northwest, the system itself, a dry front, if you will, is dragging across, giving a tiny bit of fog, but 50s, 60s on the temps. Everyone is very close. The average height now is 67, and that is the forecasted high, so 89, the wrecker hide record high in 1908. 8 34 now on the sunset. The lows in june have been very warm, so, look for high clouds and breezy to windy, it will pick up as the system slides by tonight into tomorrow. Highs near average around the bay, and the city also look for inland areas. Over to sal now. Things usually start to back up on the bay bridge toll plaza. Are we seeing that right now, sal . Yeah, things are a bit slower than they used to be, steve.
Program. Some city college constituents need to drive. There will be plenty of parking at city college if this project moves forward. Consistent with the city charters and the first mandate the climate and Affordable Housing goals, please replace Public Parking garage with more housing. If not at least shrink the size of the garage and apply the same prohibitions to the parking passes that apply in downtown and mixed use areas. Thank you very much. You have 17 questions remai remaining. Hello, commissioners. I have to tell you i am simultaneously in the queue for board of trustees. The north street extension is given also treatment. There were no Public Comments on variants 4 in the s e. I. R. Because finding variance four was like looking for the easter bunny at christmastime. It was given a low profile until the project Design Standards and guid guidelines ce out with 11 diagrams. This would result in temporary or permanent road through City College Parking on the east side of the re
White hou on remdesivir and looking past chinas first gdp contraction in 40 years oil below 18 is something to watch. That report out of stat news reflects how much hope there is, whether its remdesivir or Something Else for an effective treatment going into the fall. It does it may also reflect thin trading having spoken to a number of people this morning who are wondering whether or not you can have big moves in the market with just a billion dollars of futures being bought, which may seem like a lot, but is not. Because, you know, you have a lot of Fund Managers who tighten risk, they took down their net exposure, perhaps they didnt kel quite a sell quite as much its unclear how much buying power is needed to move the market in a significant way. Remdesivir itself is important were all hopeful that it is going to actually have an impact on the outcome of the disease for those who get very sick and end up in the hospital but it is not going to be what we call a chain terminator it is