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Youtube segment. The coronavirus remains front and center the u. S. Reporting more than 90,000 cases in a single day for the first time ever. 59 minutes to go in this session, the week, and the month. We are down 3 on the nasdaq today. Ahead on todays show we will speak well break down all of these moves and speak with dan niles and see if he is buying any of the tech nims names on the dip. Lets get first to the market. Mike santoli is tracking the action for us. What stands out . Just in the last hour or so, the s p 500 did go back down and test this level everybody has been watching. We have been pointing it out all week basically the september lows, 3,230 and change we did hit it on the nose. It was a little bit of a tag and then bounced off that. Thats what a test looks like. You dont pass every test. Keep that in mine. It is also the june highs. Also the break even level for the year so there are understandable reasons why people are clustered in this area and decide whether thats ....
The third option, which is to cut their own budget. Theres thousands of people in city departments who are making sixfigure salaries. You think they could tighten their belts, quite frankly. Its not too much to ask when so many other businesses, people have lost their jobs or businesses have entirely had to close. I dont see anything thats going to create 2,000 jobs is pie in the sky speculation. Taxing the information sector . Thats whats been driving the San Francisco economy years and years, the tech economy. Theres real risk of losing losing the goose that laid the golden egg, tech being driven out of town if they continue unfriendly policies. Thank you. Thank you. Were going to go to the next question, and well start with star child. The question is San Franciscos child care and homelessness taxes has been challenged in court, and the money thats ae been collected through ....
Politics at home and abroad for years to come. The ipo has taken a dramatic turn with jack ma and other executives summoned by regulators. The company ahead of scrutiny. Shery breaking news out of south korea. We are getting the october Consumer Price numbers. Month for month, we are seeing a contraction of 0. 6 , really missing expectations of analysts. Not to mention it is a slow down and Inflation Numbers from the previous month. Not surprising given we had a pickup because of the weather related issues. We had monsoon season. And lowerlf Pressure Energy prices. Growth of prices is only. 1 which is a deceleration from the previous year. Not to mention it is under analysts expectations. Only in october we saw bright about 30 lower on average compared to a year ago so we are getting pressure on both numbers. For now ....
Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the marke ....
Mod sfgov. Org. The next meeting will be held on friday, november 20th from 1 00 to 4 00. [inaudible] also for our Council Members, we hope that members of the public will take advantage of this calling opportunity to participate remotely. [inaudibl [inaudible] if email, its at mdc sfgov. Org. You can also watch the cable cast on your television by going to channel 26. When youre ready for your public testimony, please turn your television down so you can follow the prompts on your telephone. You can listen to the meeting and be in sync with the live meeting when you make your comments. To provide your comments, the telephone number is 4156550001. When you hear the prompts, please enter the meeting id number. That number is 1469958608, press pound twice and you will have joined the proceedings. I am hoping that somebody who is helping us with our tech will running some sort of a banner on those instructions because i dont know if ....