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We will get a preview of the bloomberg screen time event in los angeles bringing together executive and industry insiders to talk the state of streaming and more. First, lets get a check of financial markets. Abigail for technology, were looking at a solid rally, up about. 3 . The s p 500 has been fluctuating. Beneath the surface, we have adobe popping amid a recent conference where ai, they were very positive on the future of ai for their company. Nvidia is higher. Citi is bullish on their september gaming data. Pelletier is up on the Army Contract they received. Relative to the nasdaq 100, it is the topperforming of the equity indexes. In october, it is up about 3 my closer to 4 . This is a different version of that month the s p 500 tech index is climbing. It is interesting because yields are influencing all parts of the market. It could be higher for longer, although there has been talking back by the fed and the haven bid on t ....
Public comment at this meeting after closed session. We have no closed session today. There is a opportunity to comment on each discussion or actionetum on the agenda. Each comment is limited to two minutes. Public comment will be taking both in person and remotely by callin. For each item, the board will take Public Comment from those attending the meeting in person and then those remotely. Comments are opportunities to speak during the Public Comment period are available via phone by calling 4156550001 access code, 26620891628 and and again. When connected you will hear the meeting discussion but be muted and listening mode only. When your item of interest comes up, press star 3 to be added to the speaker line. Best practice are call from a quite location, speak clearly and slowly and turn down your tv or radio. Please note the city policies along with federal state and loc ....
Have no closed session today. There is a opportunity to comment on each discussion or actionetum on the agenda. Each comment is limited to two minutes. Public comment will be taking both in person and remotely by callin. For each item, the board will take Public Comment from those attending the meeting in person and then those remotely. Comments are opportunities to speak during the Public Comment period are available via phone by calling 4156550001 access code, 26620891628 and and again. When connected you will hear the meeting discussion but be muted and listening mode only. When your item of interest comes up, press star 3 to be added to the speaker line. Best practice are call from a quite location, speak clearly and slowly and turn down your tv or radio. Please note the city policies along with federal state and local law prohibit discriminatory or harassing conduct agai ....
Bank of america hiking its yearend s p target to 4,600 it had been 4,300. Also ahead, sources are telling cnbc that apple and goldmansachs have been planning the launch of a stocktrading feature for the iphone project was shelved last year after the markets did turn south. Could have worked on it mitsubishi you worked on it yourself no, im just going to make up a series of things because thats exactly whats called for. Well get to it with kate rooney in a minute lets begin with the markets ahead of the fed decision later on today are you encouraged at all by some of the action this morning . Look, i think that if you dont have a if you dont have a rate hike, and he talks tough, everyones okay so, if he talks anything less than tough, then we go back to that scenario where theres that holy 13 you get when theyre done i think theres a perspective that longer, higher, whatever, take off the higher, maybe a little bit longer, but theres a sense that the dont worry, be happy s p target piec ....
Go down when the markets go down. And private credit. We expect private credit to generate low teens, anywhere from 912 a year, highly cash, meaning most of the 912 is income, that off sets the liquidity, you have cash flow coming in as markets correct downward. We think joe, the movement you have taken to take some money out of equity markets which in the longterm is your highest growth and return asset and spreading it into other assets that have higher returns, at least higher than assumed rate but lower volatility will give you the opportunity to earn that 7. 5 with less risk of a major downturn. The numbers we developed for you that are part of the Asset Allocation assumption did indicate over the longer term, the more diversified portfolio had an expected return of just below 8 . If we take on more leverage, it will be the result of return. Theres leverage in private equity thats sort of normal. Im looking at the gross lev ....