Will rubber talked about the future Acquisition Strategy and airpower capabilities. He spoke at the center for new American Security for just over an hour. Thank you very much, everyone for joining us here today. Apologies that were a butle behind schedule joining me today at my virtual fireside is dr. Will roper, assistant secretary of the air force for acquisition logistics and technology and ive invited will here today because he has a new idea for how to develop and produce aircraft, fighter aircraft. And i think that its really easy to get distracted or fixated on incremental technology or pointy, shiny new systems. If will has found a way, a better way, more efficient way with more opportunities to iterate and produce weapons systems, its potentially more Game Changing in the military competition with china. So thats what were here to talk about today. A new concept, so concept called the digital sentry series. Whats it all about . I want to say, its a pleasure being here with yo
Secretary of the air force for acquisition logistics and technology and ive invited will here today because he has a new idea for how to develop and produce aircraft, fighter aircraft. And i think that its really easy to get distracted or fixated on incremental technology or pointy, shiny new systems, but if will has found a way, a better way, more efficient way to iterate and produce weapons systems, its potentially more Game Changing in the military competition with china. So thats what were here to talk about today. A new concept, so whats it all about . I want to say, its a pleasure being here with you. We did some budget fights back in the day and i just appreciate all of the energy and enthusiasm that youve brought. I also want to give you big props to discuss a digital series, you have a digital fireplace. Its a great leadoff. Look, this is going to be a complicated issue for us, but i think the general idea is pretty easy to pick up. Were already a service that uses Digital Lea
Nvidia down 4 obviously we have the big inflation data coming out tomorrow but, joe, whats driving this we knew that the inflation data was coming out tomorrow, with he knew we have had these economic worries, percolating talks about impending recession coming back up again yesterday whats going on now . The treasury auctions are important this week. After the three year auction at 1 00 p. M. There was opt mirk, markets lifted off of the lows, there was a belief and the demand was relatively strong whats happened this morning is that price has reversed, a lot of that optimism that was represented in an end of day bounce and now you have broken below yesterdays low. A little bit of technical selling pressure i think theres more nervousness in the 1 00 p. M. Tenyear auction is critical today because weve seen the long end of the curve where yields have been backing up, thats where this battle is going on right now with the Asset Management industry thats Long Duration and then hedge fund
Im seema mody im dominic chu we are seeing green this morning, a nice reversal from yesterday. The s p is latslated to open 1 points to the upside the dow slated to open up about 130 points, the nasdaq by 35 also checking in on whats happening with the tenyear, 2. 8 4 we see 2. 835 the last trade of the tenyear a key piece of inflation data out today, the Consumer Price index could have an effect on that bond market lets check the temperature overseas in asia stocks are relatively higher with japan being once again the exception. Thats on the back of a rising yen which is at a 15month high against the u. S. Dollar. We also got data out overnight in japan, growing at a pace of 0. 5 last quarter, thats slower than expected, but still its eighth consecutive quarter of growth hang seng, shanghai composite and kospi seeing gains of 1. 2 the hang seng helped by tencent shares a lot of these tech names in asia that sold off last week did rebound overnight. Eurozone gdp hitting the tape, up 0.
Area. Some of the thickest fog is in the trivalley and santa rosa. Visibility reduced to a quarter mile or less. Be careful as you head out. You can see on some of our other cameras it is all clear. Temperatures chilly. 38 degrees in the trivalley. Once we get to 37, we may see patchy frost. And fog. And also icy spots possibility on the elevated bridges and roadways. Well keep an eye on this. What to expect for the weekend as you make plans to enjoy the sunshine in six minutes. Thanks. Happening today, we could learn the fate of a wellknown San Francisco restaurant that to find a new home. It will close its doors next month after failing to secure a new longterm lease. Pete is at leftys with more and what we are expect to go learn later today. Reporter that is the hope, that we will get details on exactly whats next for lefty odouls, a landmark location. You wont be able to open the doors to go inside this popular restaurant and bar. This is a landlord ant dispute. Both have a little