Regarding anticipated litigation matters. Motion to go back into open session. Second. All in favor. Aye. I make a motion we dont disclose anything we discussed in closed session. So moved. Second. All in favor. Aye. Pledge of allegiance. I pledge allegiance to th e flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised use of cell phones and Electronic Devices are prohibited at this meeting. Be advised the chair may order remove from the meeting room for any person responsible for the ringing of a cell phone. Please be adviced you have three minutes to make comments unless a shorter period. Item 8. Public comment on items not listed on the agenda. Any Public Comment . Seeing none, Public Comment is closed. Ey item 9. Executive directors report. I am the executive director. My first item. I am very, very pleased moodys upgraded the port Credit Rating from aa3 to a1 in associati
Regarding anticipated litigation matters. Motion to go back into open session. Second. All in favor. Aye. I make a motion we dont disclose anything we discussed in closed session. So moved. Second. All in favor. Aye. Pledge of allegiance. I pledge allegiance to th e flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised use of cell phones and Electronic Devices are prohibited at this meeting. Be advised the chair may order remove from the meeting room for any person responsible for the ringing of a cell phone. Please be adviced you have three minutes to make comments unless a shorter period. Item 8. Public comment on items not listed on the agenda. Any Public Comment . Seeing none, Public Comment is closed. Ey item 9. Executive directors report. I am the executive director. My first item. I am very, very pleased moodys upgraded the port Credit Rating from aa3 to a1 in associati
Matters. Motion to go back into open session. Second. All in favor. Aye. I make a motion we dont disclose anything we discussed in closed session. So moved. Second. All in favor. Aye. Pledge of allegiance. I pledge allegiance to th e flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised use of cell phones and Electronic Devices are prohibited at this meeting. Be advised the chair may order remove from the meeting room for any person responsible for the ringing of a cell phone. Please be adviced you have three minutes to make comments unless a shorter period. Item 8. Public comment on items not listed on the agenda. Any Public Comment . Seeing none, Public Comment is closed. Ey item 9. Executive directors report. I am the executive director. My first item. I am very, very pleased moodys upgraded the port Credit Rating from aa3 to a1 in association with refunding of the bonds. I
Asia a new benchmark lending rate, 4. 25 down from 4. 31 that help stocks early in trading and the hang seng and shanghai gave up those gains. Hang seng down by a quarter of a percentage point stocks in japan were higher. The nikkei closed up by just over half a percent. In europe with the early trading taking place youre going to see that at least the three major averages are in the green right now. Germany just barely. Its just above the flat line but the cac is up by a quarter of a percent stocks are weaker in italy and spain and then if you check out the treasury yields here in the United States, this again is what the market has been watching so closely. Those yields lower today the ten year note sitting just below 1. 6 the two year at 1. 518 and the 30 year bond is above 2 but just barely 2. 04 . Home depot reporting 317 a share. Thats above 308 thats what the consensus is however the revenue indicated 30. 984 and its at 30. 8. So the stock is indicated at this point down a littl
Plus what to exfrequent the market over the next six months. Hes making some unexpected calls from foreign leaders lots of news happening on the auto sectors today plus the new tesla model set to hit the streets at the end of the month. First up its the first trading day at the second half of the year. Futures pointing on whats likely to be a low volume day. Market slows today due to the 4th of july holiday. Well get a few notable pieces auto makers will be out with june sales throughout the hour and the president tweeting about the state of the markets and the economy. Wages will start going up. It has never been stronger actually pointing to a narrative that some believe will be written in the second half if we finally start to see another kind of reinflation trade. Or if they dont. Theres actually movement. Its incredibly dangerous im superstitious to tweet about how high the market is the same to me is just tempting fate. Why over saying its like peace for our time and i think its