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Without objections. We are now going to proceed with Opening Statements. I wish you all the good morning and welcome to the fourth hearing of the public buildings and sanctimony and one of the purposes of this is to protect taxpayer dollars by ensuring that theyre spending it offensively and with transparency and that brings up with todays hearing which is entitled the tenant in the Trump Administrations oversight and the International Hotel and you can tell from the title guy were going to be in investigating an unprecedented tuition and the houses President Trumps d. C. Hotel. Since President Trump has declined to confess from his businesses, hes essentially acting as both landlord and the ten ....
Inaudible without objections. We are now going to proceed with Opening Statements. I wish you all the good morning and welcome to the fourth hearing of the public buildings and sanctimony and one of the purposes of this is to protect taxpayer dollars by ensuring that theyre spending it offensively and with transparency and that brings up with todays hearing which is entitled the tenant in the Trump Administrations oversight and the International Hotel and you can tell from the title guy were going to be in investigating an unprecedented tuition and the houses President Trumps d. C. Hotel. Since President Trump has declined to confess from his businesses, hes essentially acting as both landlord a ....
Why it is not a normalcy . What aspect of it is not quite normal . Ms. Sullivan i will invite jerry bell to answer your question. You are talking about a range of probabilities, and this is potentially reinforcing factors which make this year more uncertain than others. But, jerry, do want to answer that . Seasonl we have three classifications, nearnormal refers to a range of activity defined by the overall season strength, as well as the numbers of hurricanes and tropical storms. We used near normal instead of oftentimesple think as the mathematical average, and we are not talking about the mathematical average here, we are talking about the middle third of the seasons with a certain level of activity. Ms. Sullivan each one of the season designations is a range of prospects, not a distinct number. Either the lower range, the nearnormal range, or the higher range. There are uncertainties, like. Ou said bell yes. If somebody could address, talk more about the signals we might be activat ....
We are halfway into the trading day. Lets head to the markets desk were julie hyman has the latest. Julie after the big selloff on friday, its interesting to see a bounce back. It did not happen in european trading, but it has been gaining steam since the open with the nasdaq consistently leading and now up 8 10 of 1 . On friday, we broke that range bound street that the s p 500 had been on for a couple of months. The vix had been very low for quite some time. Volatility spiked, although it is coming back down today. Btv 3447. At g this looks at a measure of the ranges we have seen. This is the s p 500 with the 50 day moving average. And below the moving average on friday. This is despite of a little bit of a pop today. This is the streak that we saw with this range bound street for the s p 500 again below it on friday. Even though we are seeing a bounce, we are still not above the bounds of that range as of yet. Couple individual stocks to watch today samsung fell in asian trading dow ....
Over the next few hours, it will be clearing out here by about noon time today but it is still coming down to philadelphia to the south. Closer look at delaware shows snow, to sleet to freezing rain, to just rain. Just south of delaware. This line will continue to push south it is at that zone which is seeing that snow which melt and freezes even before it hit or as it hits the ground. Winter weather advisory before 10 00 areas south it expires at 6 00 oclock here, 8 00 oclock around philadelphia and a 10 00 oclock to the south here. It shows how it is evening north to south. 28 degrees. Still that wind is a at 16 miles an hour. That will increase throughout the afternoon and evening as win starts to pick up and bringing in colder air tonight. But before that happens these numbers may climb above freezing as snow clears out and sleet and rain end from the south. Still philadelphia, 29. Every within that is seeing that mix is down below freezing. Untreated surfaces will be treated this ....