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It is down 20 again. The s p is down 26. The nasdaq is thinking onto a onepoint game. Qualcomm is down 9 after a disappointing Fourth Quarter. There is a slowdown in smartphone demand. Expedia had bookings falling short of high expectations. And we are watching the yield. The 10 year is up 4. 19. It is starting to get back near those october highs, which Rick Santelli warned us about. Lets get back to mr. Santelli. It is the chatter today, rick . The chatter is that there are some issues. Whether it is how much the markets move. Consider this. The fed raised rates a quarter point on the 26th. On the 27th, we had the gdp much smarts stronger. It is virtually unchanged, but it moved about 30 points. The spread has gone from 100 to now under 70. This is huge. Many say, what is going on with the higher rates . Well, the biggest curve trade in history was the twos to tens spread. N ....
Mr. Secretary. Commissioner president vietor commissioner Vice President moran and commissioner caen are excused commissioner courtney commissioner kwon we have quorum. Thank you. Next speaker, please. Item 3 approval of the minutes of mark 8, 2016. Is there a motion to approve the minutes. So moved second all in favor, say i. I. Public comment on the minutes next item, please. Next is general Public Comment. General Public Comment mr. Da costa. Good afternoon. Good afternoon, commissioners the last night last time i was here i spoke about some very pressing issues and im going to speak on that particular issue that was raised than the general manager will be as part the of a letter sent to him regarding the issue im here to categorically state to the San Francisco < ....
Buildings who may realize some benefits from protection under article 10. If some of them voiced some support for this. If we had that then we would also have a group of people who might be enthusiastic about providing additional information, documentation and support for moving forward so what i would like to really see if you could get some of your friends and neighbors involved in this, so they could be a Real Community based effort. Yes, actually we could open Public Comment again. Yes, so you could come forward. We have a Neighborhood Group that has pet pretty much everyone living on the street and were always in communication and about five of the people were planning on coming but i think its because in the middle of the day and they work. We did receive a number we received emails from others on the block tha ....