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Early investor will join us to talk air bnb power lunch starts right now the markets are at all time highs. Usually means great things on wall street but means much worse on main street these days. Well get to Steve Liesman for more on that lets start with bob on the market the low print was at the open were 25 points above that its the same pattern that we have seen for a while now. That is Technology Leading and consumer discretionary, amazon mostly, pushing the market to be upside industrials, energy and banks and energy has been on a downtrend for the last six or seven trading sessions and so have bank stocks they had a brief rally about two weeks ago. They have been down on trend for the last six or seven trading days i mentioned the ten new highs but were at new highs its because the megacaps continue to move the market forward. You get the big five moving up that pu ....
Called, youll be added to the queue. When you are called for Public Comment, please mute the device youre listening to the meeting on. When yothe meeting is limited te minutes per speaker unless otherwise established by the presenting officer of the meeting and when your time is up, youll hear an alarm sound. Speaker are requested but not required to state your names. Please show the small office of business slide. Today we will start with a reminder that the Small Business commission is a public forum to voice your concerns about policies that affect the economic vitalities and Small Businesses in San Francisco. Our services are completely free of charge and before item one is called, i would like to thank Media Se ....
And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good ....