That has been many years and i think a great labor of love for all of the organizations or all of the organizations that have been involved. I always say about projects like this it is the ones that are the hardest that you end up liking in the end. This will be one of those truly special buildings that people look back on and say, boy, it was really hard but, boy, is it worth the effort. Were here to celebrate the opening of arc mercy at page. This has gone through many twists and turns and started in one direction and come back to the use today. There will be a group of speakers. Well try and move through this relatively quickly. The first among them is the number one house in chief. He doesnt need an introduction. Hes done a lot of these. For those of you who dont know who has done a lot more than most mayors in the country and that is mayor lee. Yeah, yeah. Very good. Yeah. If i would have had a role in this i would have said ice cream for everyone this. Is how i celebrate another
Is boom bust broadcasting around the world from washington d. C. Im barred shelter. Coming up some apple shareholders want to test the effects of i phone and its addictive tendencies plus the new year is here but whats in store for commodities in twenty eighteen in a few minutes we will be joined by peter schiff the Euro Pacific Capital for a look into what to expect and later well talk about the looming Government Shutdown showdown and about how it could actually cost all of us money now lets get to the top stories in todays business and financial advice. Apple is being pushed by two significant shareholders to investigate the risk of i phone addiction among. Children and adolescents activist shareholder firm gentle partners and the california state state teachers retirement system cal stirrers wrote to apple over the weekend to suggest that apple look into the development of software that would enable the parents to place time limits on their Kids Smartphone Usage and research the br
Down friends that had been in place not just for commodities in general but for Commodity Companies may these companies have been heading down since two thousand and eleven when a lot of qualities peak and weve seen some down trends break there as well so as an investor in both commodities and quality stocks i think things look very courage ing but i think you know overall a lot of the inflation that investors were happy to have manifest itself in asset markets like stocks and bonds and real state i think a lot of that inflation is now going to finally rear its head in places where a lot of investors arent going to be happy especially Central Banks when they start to see their inflation handiwork showing up you know in Producer Prices in Consumer Prices thats going to be a lot of problems for for investors in the banks. Yeah although we did have some people on recently peter and talking about how theyre pretty bullish on the bond markets Going Forward what are your specific thoughts on
Impossible for the bubble to get bigger i mean it certainly is possible but i wouldnt want to be betting on it at this stage and you know betting against it i know it hasnt been a winning bet but you know at some point that thats going to pay off big time and i have a feeling that its not too far off and you know its not growth thats going to be pricking the bond market bubble its going to be inflation and Central Banks being forced to raise Interest Rates despite the fact that in many countries simply the United States the Economic Growth wont be there but the inflation will absolutely but then thank you for that on bonds us real quick so back to commodities lets talk about oil both. Texas intermediate and brant still over sixty bucks theres about a six dollars spread between the two what do you thinks going on now and what he thinks going to happen the future in oil. You know i think oil prices are going higher i mean weve broken through some key levels i think once we get really in
Converted to electric vehicle that we would be potentially able to pilot Going Forward. My last comment is following what has been going on the Ev Working Group meetings and based on what i have observed during the budget season. There is a lot every assistance to switch to different typings of vehicles or to zero emission vehicles. I hope that we can push these departments to see this is the direction we absolutely have to go. It is not an option. We need to be creative in reaching the climate goals here. Thank you for the comments. There was some recent articles with regard to automatic shut off systems in the m un i fleet and have the fleet has these. I discussed this with mr. Riskin. The other half of the fleet do not have them. What is the status of procuring those . That is a question the transit colleagues are better equipped to answer. I can look into that and get you a response to the status of those switches. That would be great. Any steps we can take relative to our fleet. W