our current operating projections for a stablized year is approximately $32 million.ur projected revenues is approximately $18 million. the remaining $14 million will be generated from toll funds and operator subsidies. we expect to get approximately $11 million from toll funds and $3 million from the operator subsidies. in addition to generating revenue from retail and advertisement and other activities, we are also identifying efficiencies and looking for other revenue sources for the center. we'd like to close by saying i understand how important the transit center is to the bay area and the state. it's an economic driver for the neighborhood, creating direct and indirect jobs, generating sales tax revenue for the state and the city and providing permanent jobs for people that need them. we will reopen as soon as possible, safely possible, so that the entire bay area can once again benefit from the investment they have made in the transbay program. directors, at this time, i would like to present with you the project leadership report, and then, i can take question

and -- we will take that into account as we look at stablization in syria going forward. without fort worth adieu, breaking guida. maybe. -- without further ado breaking guda -- maybe. [laughter] >> the evidence won't let us forget in the context of accountability the ground in syria is nonpermissible. it's hard to get consistent verifyable information as as sad continues to control the sow and the east of the country. the d.f.r. lab has some experience withings in environment such as this. a brief moment about the history of our team, the d.f.r. lab was started in 2015. and that point i was actually sitting in the u.s. government and we knew for a fact that there were russian troops in the eastern ukraine. we couldn't call "the washington post" or the "new york times" and say that there are russian troops in eastern ukraine. i can't tell you how we actually know that. a group that would become the d.f.r. lab here at the council wrote a report and they wrote a report by looking at a lot of social media reports that troops happen to be posting while they were marching up a

that allowed those moneys to be retained within the city plan but be applied towards helping stablize the rates towards active city employees and retirees. so the moneys were the-- monie were there -- >> so excuse me, that was for that year, right? i mean, after that, now, we're in a big problem. we don't know what to do with the city plan because it was only one period of time. >> correct. >> because, you know, back in 2013, the medicare retirees in that plan were doing very well. like, the loss ratio was 72%. they were talking about reducing the deductible. >> correct. >> and so -- i mean, they kept us afloat. so that was -- looks pretty on here after the year, but it didn't do anything after the fact, so now, we're in a situation where we don't know what to do. >> yes. and if i could turn to the next page, so on slide 18, you recall that i referenced earlier that there was a 2.3 million annual savings projection when the approach was implemented in 2013. what this slide shows is my estimate looking at the actual renewals for 2017 because in 2017, we actually knew what the rates wou

fourth finding which i think the city is well aware of is there's a cohort of adults that are not stablized, and i'm referring to the top 5% of individuals using the city's emergent services, and they account for 58% of the total costs. that's -- 52% of the total costs. that's 5% of the patients accounting for 52% of the total costs. it just reinforces the point that behavioral health is a high point. we did want to highlight that for those who did not voluntarily seek services, b.h.s. has voluntary services. if you look at the table to the right, 56.2% of p.e.s. visits were on a 5150, involuntary hold, so that means a person was brought in against their will. we're just highlighting a point that it's a policy decision for the board to consider how can we help those who might be voluntarily seek the services that they need? the d.p.s. whole person care team pilot program is tailored for the high user group, and they're working towards better meeting the needs for this group, but we do think there's a discussion about the need for the behavioral piece, so we think that b.h.s. should appoint

things should stablize. at least we hope it stablizing. don't need another 08 because all heck breaks loose. charles: with respect to the so-called wealth effect of course experts say it is centered around value and more of a nest egg than the stock market. does that play a role at some point even with the consumer confidence number? >> i think it's a combination. especially a move in the market like you're having right now. it is very noisy, charles. we dropped 4268 dow points in 14 days. that is noisy. it gets people thinking. instead of looking at their financial statements, stock market statements every three months, you're looking at them every month, going online every day worrying about the next tick. i think that goes into play right now also. eventually the markets will stablize. hopefully at a a given point in time, things turn up and turn better. i think right now, we're a little bit on the psychological soup because of the double-whammy. charles: let's talk about the markets ability to predict recisions, right? we both agree, l

when will the market stablize? live report from wall street straight ahead. >> have record kinds of numbers. i think it's a tremendous opportunity to buy. really a great opportunity. still fresh... ♪ unstopables in-wash scent booster ♪ downy unstopables >> anita: welcome back. 14 minutes after the hour now. a major assault against isis in syria. the u.s. led military coalition announced that air strikes and coordinated attacks destroyed isis facilities and removed several hundred fighters from the battlefield. the news comes just days after president trump ordered the withdrawal of american troops from syria. let's bring in lieutenant colonel dakota wood, senior research fellow for defense programs at the heritage foundation. colonel wood, thanks for joining us today. >> my pleasure, thanks. >> anita: so i'm guessing this latest action probably leaves some people confused. the president had said we had defeated isis. and that he was withdrawing as many as 2,000 troops. now we're seeing air strikes. can you help us

they were really a stablizing force in the cartel. now of course with the saudi arabia, really taking it over along with russia, qatar feels they're being pushed out of the market. as you know, melissa, saudi arabia has put a blockade on qatar. they had a lot of political disputes. qatar is to the point, hey, we don't need this anymore. we're doing all the work. we're focused on natural gas. we're stepping away. interestingly enough the oil markets rallied. we had a rally 1:30 central time, 2:30 central time official close. something we haven't seen in a long time. seeps like the mood is changing. you might lose qatar but gained canada. the other big story, alberta prices are tanking they agreed to cut back production as well. you lose qatar and get canada i best in the opec cartel. melissa: that is interesting. phil, thank you for that. liz, jonathan, are back. liz, if you, the dynamics within opec i went to at least 20 meetings. saudi arabia was always the bad cap. they held very hard whatever the line. qatar was the good cop. they

. >> we're looking at a stablization this morning.in, dow up 65 in premarket s&p seven and quarter a quick reversal in last few moments we'll see what the day brings. jonathon scott, guys, with thank you. >> sure. >> and after the weekend's bruising snowstorm in the south thousands are still without form fox team meteorologist janice dean has the forecast plus a powerful team inside one air force. you're watching fbn:am. you ok there, kurt? we're about to move. karate helps... relieve some of the house-buying... stress. at least you don't have to worry about homeowners insurance. call geico. geico... helps with... homeowners insurance? been doing it for years. i'm calling geico right now. good idea! get to know geico. and see how easy homeowners and renters insurance can be. (sounds of race cars) the same iot technology on the ibm cloud that helps race teams improve performance and safety. bye. girls, don't wave at strangers. can now be built into everything we drive. when you apply expertise across an industry, bye! you can put smart

safai: can you go back two slides, i just want to go back to one point, on the cohorts of adults not stablized. >> yeah, sure. >> supervisor safai: it's a little hard to read on the screen. i think we talk about this a lot, and i think a lot of this information people suspect and have talked about in the public before. i just want to make sure i understand. so 5% of the individuals using the city's urgent and emergency services account for 52% of the total costs, and 90% of these users had a behavioral health diagnosis. so high users, if you go to the third column, we're talking about 237 people? >> 2,237 people. >> okay. how many of those with mental health diagnosis? >> it's a little less than 2,000 of those individuals have a behavioral health diagnosis. >> supervisor safai: but the 5% of the cost, that's the 2,000 -- >> the 2,239. >> so out of 44,000 people, it's 2,000 people that are costing -- >> more than half -- >> supervisor safai: more than half of the cost. >> okay. >> supervisor safai: i just wanted to over emphasize the point, because i think this is an important point to jump out

bring this forward, finally, i want to thank mayor breed with whom i joined this past july in -- to stablize our existing board and care facilities. residential care facilities are a critical resource in housing our vulnerable population of seniors and people who are severely disabled, and the fact is we don't have anywhere near close to enough of them, and even more troublingly, we've lost 500 of them in the past five years. we currently have a dedicated team of experts and advocates who are working on this through the long-term coordinated care council and i look forward to working with them in the months ahead. with legislation, we are clearing the path ahead, and making sure when the most vulnerable san franciscans in need of food and shelter, they will have somewhere to go. in offering this ordinance, i am reminded of my own mother who lived in bored and care homes much of her adult life. they were not always great, but without them, she would have undoubtedly ended up on the street. this planning fix of course is not going to be enough to address what is i think one of the more signifi

even as the market tried to stablize, rates have come down.eah, in response to the fed which has gotten surprisingly more dovish. look at fed fund futures rates for next year. as good of a chance of one rate hike or two and even a chance of zero believe it or not, when we had four chances two weeks ago in 2019. the market is telling the fed something or maybe telling something about the economy we haven't seen come through yet which is why stocks are having trouble to break those recent highs. charles: harris faulkner just had a great interview with president trump. they covered a variety of topics including the stock market. listen what he said will turn the market around. >> what is your strategy, if you will for bringing it back at this point? >> i have a very simple strategy. we were up almost over 40%. we lost a little of that because of trade. i'm doing great trade deals. >> you're willing to do that? that's different? >> i would be glad do it up 40%. let's take a little bit off the table an fix it because we cannot continue to lose $500

that is to stablize eastern syria. don't let isis re-emerge. they will re-emerge.services are already telling us that, dana. >> dana: right. i all wanted to get your take, because you have experience working with the kurds. mark levine tweeting this. we're leaving our long time alley, the kurds, for dead. just for the viewers, can you explain the amount of help the kurds have provided and what sort of obligation do we have to them? >> well, that's one of the disappointing things here. the syrian democratic force is the force that's been fighting isis. it's made up of syrian kurds and saoerbian arabs. kurds are the majority of that force. they're highly skilled and they've got something that's indispensable on the battlefield. they've got will. the will to fight. that's what makes them so good. yes, they are going to be in jeopardy when we pull out of there. but also, i suspect the president will have some influence over irdwan as a result of the departure of our troops which i'm sure is something the turkish president is handling. that's a good thing, even though m

they're trying to say things to stablize the market and the oil just cannot stand up when you look at all this other turmoil. they're fearful of a slowdown. they're pricing in a recession. you know, in the realty is, if the question is, is it a market event or is it an oil event? right now i think it's a market event. if it turns into an oil event with a a big drop in demand then we'll have problems. connell: demand held up, you made that point number of tiles. thank you, phil flynn out there. what a week. 45-dollar oil. melissa: time is up at the stroke of midnight. new reaction from lawmakers as potential shutdown looms. why president trump says the democrats are to blame if the government closes for business. the latest on capitol hill next. connell: divided on latest military shift. james mattis announcing his resignation, as officials warn more departures from the pentagon are on the way. what president trump's foreign policy could mean for national security. that is coming up. (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school.

it might be too late to save it but at least if these prices stablize it will be better for everybodyoughtses to you, colin. final thoughts. we only have a few second. >> today was the day we were most worried about. it was a wonderful rally. let's end the year off. here is to a good 2019. lauren: thank you for your insight, riding out the wild session with us. [closing bell rings] mostly a wild session in a good way. we're looking at 5% gain, almost up 1100 points for the dow, almost 6% gain for nasdaq composite. with that i'm handing a good finish to blake burman and susan li. susan: 1000 point gain for the dow. stocks agreeing across the board pulling a massive selloff on christmas day. four digits, 1000 points. almost up to 1100 snapping a four-day losing streak. subpoena 500, nasdaq soaring. major averages down 10% for the month. i'm susan li in for melissa francis. blake: i'm blake burman. good to see you too. we needed that after the last week or so

. >> for example, there is something called the cost sharing reduction which would essentially stablizeable some market stability for costs associated with covering preexisting conditions. that is something democrats and republicans in the senate in particular said they're okay with. i really believe, democrats need to come to the table to have a plan. >> think they will work together if hold on, you don't think? >> i don't. i think they try to make this more after political play. connell: right. >> i think the american public wants solutions. more both sides play games the worse it will be for both sides. connell: that might be true in our theme of the show. i was ready to put you in the half-full camp now you said, i don't think. i agree, sad to look at it this way, the incentive structure of congress. what is the incentive to work together? democrats coming in. they will stand up to the president. the president will push what he wants and republicans? we'll talk about this -- >> for quite some time. connell: courts will weigh in. nothing is going away. >> democrats are looking to do

it takes three to four weeks if not months to stablize. liz: is there a sign you're looking for? >> we're focused on credit markets. credit markets hung in there initially in november, gapped out no november and further in december. when gaps get over five or 600 in high yield, we see stability there, levered loans high 80s, low 90s, stay there extended party, three to five weeks that is as good of a buy signal. bianco has good opinions. very unclear why you could call a big rally now. liz: troy do you agree with troy or mr. bianco? >> equities are so beaten down, you could. >> a snap-back, rally surge, whatever you want to call it. absolutely. the bottoming process is continuing. starting this fall and continuing. you don't need to rush and do anything. you want to look where you want to be positioned. look at macrofactors. global economy, monetary policy, et cetera. position yourself for long-term. we're long term investors. that is how we think. liz: facebook, you said facebook and gold? >> yeah. i would stand by those two comments today. obviously not a great day to be talkin

they want to stablize. they look at financial conditions. they clearly said that. financial conditions are determined by value currency, equity markets, interest rates. there is a lot of things out there. not so much they are targeting the stock market but to the extent equity market, interest rates, value of currency has an impact on the economy they can't ignore it. they are simply taking all those things into account to determine policy. that is different from saying they are targeting a equity market. they're watching one of the inputs that goes into the formulation of monetary policy. david: of course you're right, they do have two mandates. they have the price stability mandate which used to be their only one. they had another mandate, a growth mandate put in there back in the 1970s, i believe it was. sometimes they conflict, don't they? sometimes if they honor one mandate to keep the value of the dollar steady they violate the growth mandate. so it doesn't always mix well. >> well, remember that charles goodhart hold us when you have a goal you can't really

blake: rebecca, this is time of year, computers would be turned on, everything would stablize as all traders go home, enjoy the break, et cetera, et cetera down the line but we heard steve mnuchin complain the other day, week or so ago, the computers are the ones really accelerating all of this. with the wild swings we've seen here in the last few days, what normally should be somewhat after quiet time is this proving the secretary of the treasury to be right? >> we do have 90% trading done by computer algorithim. the algorithm unfortunately can only predict what is in the past. no way to come up with a future we've never seen before. this is unusual and uncharted territories. we have strong economic fundamentals underlying this economy but we also have a lot of geopolitical things happening, obviously government shut down. i don't think the government is big. i think the it is fine the government is off between christmas and new years. this has more of a market effect, back to work, back to normal. government shutdown, but 90-day truce with china. yes, these algorithms are not used

no doubt secretary mattis was stablizing influence. there are plenty of qualified people.ettled period. i really, i'm biting my nails about what the stock market does when it opens. brian: it is going to go down. geraldo, 30 seconds, do you side with the president's foreign policy which is with rand paul, side with bolton, jack keane, secretary of state, soon to be former secretary of defense when it comes to policies in afghanistan and syria? >> at the risk of alienating some of the best friends i have in life, those wearing the uniform of the united states or those recently retired i have to say i'm more with rand paul and donald trump on this i think that we could, for instance, syria, was never our strategic interest. it was always russia and iran. it is a shiite country. i think that we could help the kurds establishing a bagram-like base on kurdistan on the iraqi side of the border. we could keep the kurds our allies safe with a base and minimal troops on the ground. brian: we abandoned them. >> we cannot abandon the kurd. brian: we did. >> whatever we do, we have to

by the way take a look at oil finally finding some footing here some nice stablization, it is startingwork its way back up, but we do have a new look at gas prices national average for regular gas now 2.26 get this folks down 82 straight days. joining now fox news contradict tore phil flynn, all right phil. 2019 will oil ands gas make that rebound? >> i think oil oil will but gasoline in era of new low price and i think low prices that we've seen last year is going to be the beginning of low gasoline prices even as oil goes up, we're going to see gasoline have less of an impact on oil, and main reason is it is because of shell oil it produces a lot of gasoline not so much diesel in so for every barrel of shell we get that much more gasoline keeping those prices relatively cheap. >> on oil front itself, the big debate the man versus supply, in the moon time you know, there's still putting on more rig talk of emergency meetings out of opec what's the main driver of oil prices next year? >> i think it is going to be the chinese trade talk if we get a chinese trade deal, the demand, destru

when we were there, we stablized and made initial progress.ou had mike lee, rand paul saying the president made the right decision. self others as brian quoted surrounding the administration, within the administration questioning those moves. what do you guys think? was it a good move? not a good move? tell us why. ed: friends at fox news tot.com. we'll get to the comments later in the hour. jillian: we follow a tragic story out of chicago a man charged in connection with the death of two sisters there. police say the cops were hit by a train searching for edward brown after he fired a gun. officers eduardo marmeloj and gary were distracted by oncoming train and never saw the train coming. to donate head to our website foxandfriends.com. >>> isis terrorists accused in the brutal murder of two backpackers in morocco. one of the four reporterred killers is a extremist. the bodies of two women were found near a camping tent. the one was beheaded. other had a serious throat wound. >>> fox news alert. stocks futures are mixed after increased intere

interest rates do not get ahead a of themselveses and choke off economic recovery, we should see a stablizationand resumption of upward movement by equity market. >> all right john stay right there. hey folks meanwhile tesla big news there they're adding two big names to their board suzanne who are they? guess what larry ellison oracle founder ceo one of the richest men in the world, and also kathleen wilson thompson named as any independent board member as well ahead of global hr, at walgreens aa license boots, and this was a deadline today was a deadline for lon musk and tesla to nail two independent members of the board of fec settlement back in september and after e.g. lon musk, of course, that tweet funding secured -- misleading markets and also something that u.s. state investment funds that have a big stake in tesla demanded for that is lenient on elon musk and provision. >> i love larry ellison but i'll tell you why i think he's a good fit here. he has a chip on his shoulder like elon muck an orphan you know, he's been divorced four or five times a tough buy to get along with but also d