but it's still this is wilshire assumption as we will be discussing capitol markets. and this is kind of tenure in longer term expected volatility versus the current two-year. but it is something that we pay a lot of attention to, because we, we have a lot of risk coming out of private equity and we need to understand where it's coming from. so as a result, wilshire expects higher volatility for our portfolio because of our way to private he quit. --private equity. and page 45, next steps, as i mentioned we will be coming back to wilshire in march to review capital market assumptions and in may, we will come back with liquidity review where we'll review the modeling and pacing. anymore que,z i know i took a lot of time. >> evidence of a lot of time. >> there is a lot data a lot to observe so if i were to look at all the scenario analysis what i would take as a board member is that, if the markets are down significantly, we will be down significantly. however our diversification and approach to asset allocation will be down less a little bit, a little bit less than sor

for the wilshire is the new puppy makes their family whole again. we've always had dogs in our house, so this is the longest we've gone without having a dog. so we're kind of excited. and for the kids, it's a christmas they'll never forget. in san mateo, jonathan bloom. merry christmas. nbc, bay area news. a christmas day tragedy in the east bay. oakland firefighters say a man has died after rescuing his family from an early morning fire, started shortly after six this morning on oak knoll boulevard off of 580. firefighters say the 37 year old man maned to get his elderly father and brother out of that house, but crews later found him unconscious inside. the fire department believes he was overcome by smoke and died shortly after. cause of that fire is under investigation. firefighters say it appears to have been accidental. in santa cruz county, an explosion sparked a fire at capitola village early this morning. it happened around 5 a.m. behind el toro bravo on monterey avenue. crews closed nearby san jose avenue. fortunately, no one was hurt. the

for the wilshire is the new puppy. makes their family whole again. we've always had dogs in our house, so this is the longest we've gone without having a dog. so we're kind of excited. and for the kids, it's a christmas they'll never forget. she's so cute. in san mateo, jonathan bloom. merry christmas. nbc, bay area news. up next, north bay woman is getting honored for her service to our country. a century later, her incredible journey is tonight's bay area. proud. plus, a santa cruz holiday display celebrates nearly two decades. a look at the unique holiday experience and hear from the creator. welcoming people from around the world right into his home. beautiful christmas day in the sierra. we had some fresh powder, but now we have some fresh snow on the way. also, winter weather advisories and high surf advisory will make the return. i'll talk more about with the detour to broadway. and it ends with one north bay woman getting another recognition for service to our country. more than 100 years ago. here's nbc bay area's garvin thomas. atop sonoma

we had the wilshire 5000. there's only 3,500 companies in the wilshire. it's smaller. why? it shouldn't be. why are viewers missing out on the chance for -- to be involved there young companies? why are companies middle-age going public that have been around 10 or 15 year snz s? >> yesterday, ron krzyzewski was on. shares of some of the -- stifle is up 60%. the joke,bankers is, the banke coming. could you see pressure from them and been fit to their share price if activity starts to pick up. >> the bulk of investment banking revenue has been driven by debt capital markets. those have been on fire. often, in recent years, they have been going at levels 35 to 40 times the level of equity issuance here in the u.s. that has been a big boon. everybody is waiting to see when m & a and ipos will catch up to that. that's the key ver for growth in 2025, if they are able to do that. another interesting element to the ipo market in addition to regulatory and the private markets and valuation is ai. i say this because there are a lot of companies that were getting ready go public. they

-- wilshire boulevard. and he was proud of himself, where he was in life. keith morrison (voiceover): and he was generous, took paul off on an exotic adventure and picked up the tab i think he was making 40 to $75,000 a month at the time. holy cow. i would say a lot of money for a young guy. and he's like, where do you want to go? you know? you pick. what do you want to do? and so i said, let's go for a surf trip. let's go to tahiti. and so he booked a 23-day vacation. we hopped around all these different islands in tahiti. and it was definitely one of the best times of my life. keith morrison (voiceover): 2009, chris moved a little more than an hour south from la, to laguna beach. he had teamed up with another young go-getter named ed shin. christina: ed was actually very professional, very calm, very poised, very professional, dressed very well. keith morrison (voiceover): and christina grice would know. she worked the front desk at the new advertising company chris and ed started. the 800xchangexchange t

this guy, his fully budget is got now who brought us on a bleaching of kids when the wilshire's too long, an aggie, the carlos feet source is expound. sites really completely what it's really flowing in my system. it's just a huge picture. you would look at your rates as a car system engineer and to lose that building block, you just lost your structure. you lost your community. so taking someone's house away. and we have this a cost system out here which is 1st day, but it is also on the costs of having those glitching events. so it's, it's definitely something when they took it very close. so i don't carl's support a quarter if that was mary's basic design. just pick that up to 90 percent could disappear by 2014 and makes pricing and marie impacted even more urgent. leading the way is the indigenous body joey, community. the range of team regularly works closely with scientists. so again, it's been huge range. yeah. and so you can do that, or if today, marine biologist got watching is joining them to carry as a research trip 9. as a tattoo verde i, your little point is a really dramati

we will not do the guesswork away. wilshire's wakeman say to when you're in stations for me, for you, my info was the best way to 14. well, 1st is showing balance as far as soon as possible, while it says policies and sets them forth. when know that there is a and there is russell felt beach, bipartisan consensus under united states and the respective of a ponti legion's, the ruling a leads. well, promote this, you, that policies share stressful or we coming russia being the convention center. as i have said, of this down to the press conference, you try and you call it and it comes back, it's a new arrival made trash of china. oh, you rep for the short. so you have not from the united states wants to we can them. no, it's not a single country in the world should be stronger than russia. this is this principle, the voice strong and goes alive if it is not for them and declarations and goes away, says, but you know, to, to be become aware of the real life. the not the stage has to go a long way and see how things develop and see what the realities of amount of the multiple, a wellness

back here locally, wilshire won't she?tic congresswoman barbara lee may or may not run for mayor of oakland. lee, who leaves congress early next year, posted on social media that she is considering running. lee says she will announce in early january her plans. a special election to fill the seat vacated by the removal of mayor sheng thao is scheduled for april 15th. charges have been dropped against all police officers involved in a deadly police encounter. it happened in 2021. it was a man named mario gonzalez who died while in police custody in alameda. the new alameda county district attorney or the interim alameda county district attorney, dropped the charges yesterday against officer eric mckinley. he was the third and final officer accused in the death of gonzalez gonzalez. you can see in that body cam video, died in police custody when officers pinned him to the ground while trying to detain him. the county coroner at the time cited methamphetamine as the cause of death, but an independent report determined gonzale

a couple weeks ago in baron's, i read the wilshire 5,000 our broadest index in the american publicly,700 companies in it because it's become so hard and so expensive to become public, companies are staying private longer and becoming much, much larger before they decide to go public. i think that discriminates against small entrepreneurs and makes it harder for families and 401(k) and union pension plans to have more investment options. issue one, let's make community banking and commercial banking competitive again, removing some of the calcification and regulatory system that's made it so hard to be profitable, serve customers and be safe and sound and remove the barnacles on the ship of state when it comes to capital formation and make it easier to go public and stay public in a more affordable way, to make returns for your shareholders. >> where does that priority lie relative to your support, for example, for crypto? >> yeah. well i'd say the third one, you asked for three, i wanted to stop and give you a chance to talk -- >> thank you. >> the third one is digital assets. we nee

of all the presents the wilshire kids got for christmas, basketballs, footballs, soccer balls and a puppyake. oh, my. you're so cute. oh my god. she comes courtesy of santa's helpers at the humane society of silicon valley. we went last week. claire and i and the dog that we wanted got adopted right away, so she was devastated. but claire's not sad any. enjoy her. thank you. and her dad. hello. oh, hi. he's got all those new puppy feelings. most adults, when we meet a new animal, become like kids again. for the volunteers, this isn't business as usual. no, this is not normal. we don't usually offer a concierge service. you see, right now, nothing is normal for them. the humane society h