Tumlin will talk about this, but last week we did have a press event with supervisors peskin and preston announcing that we will be delaying our fare increases. Obviously when we were voting upon that fare increase, we could not have understood the magnitude of what was before us and not to mention we didnt really have a path forward in being able to fund the operations, so i want to thank you supervisors peskin and preston for working with us to come up with solutions which i cannot tell you what they are today. But to look at how we can fill those funding gaps which primarily effect us in year two of the budget cycle, not so much in year one. That will be coming back to us in the future. And also with that we will not be having a Charter Amendment related to sfmta. Thank director tumlin for his work in working with the supervisors, and just say it was a pleasure to be there to represent the board last week at kirkland lard. And with that, i will turn it on to the next item. All right
To decline 1. 4 . What we all do for a pullback. Ive been saying that weve been having a really high casualties. Members of the cbc Investor Club now all too well from the annual meeting. We like this market the whole way up. Many of the critics hated it all the way. First they hated a, because we are in a pandemic inspired inflationary cycle. Then, they hated it because the mini banking crisis started. Now the feds are raising rates, and the economy heading for a hard landing. They hated so much the market strengths concentrated. Yeah they hate it because of what they call the a. I. Bubble. All along they failed to celebrate their victories. They ignore the high of latium. They ignore the end of the feds tagging cycle. All that job growth has been so strong. And they didnt even care when the magnificent 7 started passing the leadership to the industrials and the mid cap stops are still cheap. What the heck is wrong with these people . Why cant they admit the market deserve to reilly e
Liverpool leave it late very late against Nottingham Forest to take all three points and extend their lead at the top. In the Womens Super League Everton Score a cracker against Manchester City. Also coming up on sportsday. Well have all the latest at the World Athletics Indoor Championships as home Favouritejemma Reekie makes it through to the 800m final. Hello there, and welcome along to the programme. A day of drama in the football to come but we start with formula one, and the season opening bahrain grand prix. With all the drama off the track for red bull, the team and defending champion Max Verstappen picked up where they left off last season, verstappen leading his team mate in a dominant win. Our correspondent laura scott reports. If there is one person keen to get a grip on the narrative, it is christian horner. Having spent weeks denying allegations of inappropriate behaviour, he arrived for the first race flanked by his wife and former spice girl geri horner. A display of un
And extend their lead at the top. In the womens super league, Everton Score a cracker against Manchester City. Also coming up on sportsday. Well have all the latest at the World Athletics Indoor Championships as home Favouritejemma Reekie makes it through to the 800m final. Hello there, and welcome along to the programme. A day of drama in the football to come, but we start with formula one, and the season opening bahrain grand prix. With all the drama off the track for red bull, the team and defending champion Max Verstappen picked up where they left off last season. Verstappen leading his teammate in a dominant win. Our correspondent laura scott reports. If there is one person keen to get a grip on the narrative, it is christian horner, having spent weeks denying allegations of inappropriate behaviour, he arrived for the first race flanked by his wife and former spice girl geri horner. A display of unity in the desert amid the drama. It is light out and away we go who better to diffu
A dangerous world that could blow apart at any moment . An uptick in the 10 year treasury. I think it is the latter. When Interest Rates went up, they plunge. Rates went lower and stocks were terrible. It was 9. 1 and 7 . The nasdaq advanced for. 2 7 . People can understand the problem with geopolitical turmoil. Israeli Defense Forces rating gaza. All times. They are budgeting outof control but we dont have a speaker of the house. If i tell you why they pulled back from their highs today, you might laugh. There is a guy, billionaire. He covered the short sale of bonds because there is too much risk in the world to have bonds. There was a tweet that moved the multitrillion dollar bond market. Tons of investments by stocks. Think of all the absurdity of all this. There is a lack of demand. The market is saturated with them. That is how they borrow money, uncle sam is borrowing like crazy. It is supply and overwhelming demand. The amount against treasuries is a record high. Shortsellers t