Nine. Best practices call from quiet location, speak clearly and slowly, turndown your television or radio. You may submit Public Comment be in the following ways. Email to myself. If you submit Public Comment it will be forwarded and included as part of the official file. That concludes my announcements. Thank you very much. Can you please call item 2. Approval of the lafco minutes from the april 17, 2020 regular meeting. Thank you. Any comments from my colleagues . Seeing none. Lets open for Public Comment. Any members of the public to comment on item number 2 . Madam chair, no callers wish to speak. Thank you. I would like to make a motion to approve the minutes of the lafco meeting of april 17, 2020. Could i have a second please. Second. Supervisor mar. Roll call vote. The motion to approve the minutes. Commissioner fewer. Aye. Commissioner pollock. Aye. Commissioner haney. Aye. Commissioner mar. Aye. There are four ayes. Thank you very much. Madam clerk, can you please call item 3
Curfew takes effect at 8 00 p. M. Eastern time tonight. The u. S. Forasts double standards after its treatment of its protesters. Then stocks sit higher as pboc unveils measures to boost lending to the real economy. 6 00 a. M. In london. 7 00 a. M. In paris or berlin. Understand whyo markets really are looking through the threat of martial law. Hisammons sent through notes. He said if you see this black swan evolve, i. E. Curfew across america, you are looking potentially at equities to retrace all the way back to march 23 levels. Of course, trump is potentially saying that he could bring the military onto the streets, saying the Second Amendment will not be affected. Annmarie exactly. Good morning. This is the question investors i read that note from ben ammons. The fact is, this divergence, what is going on in terms of wall street versus main street, the disconnect between the markets, which had a three month high, and what is actually happening around the world, let alone the fact t
May 15, 2020. The meeting will can the order. This the is the may 15, local meeting of the local agency formation. I am sandraly fewer joined by gordon marand cynthia pollock. I would like to thank sfgovtv for broadcasting this meeting. Madam clerk, do you have any announcements. Due to the Health Emergency and to protect commissioners, staff and public, city hall is closed. Members will participate in the meeting remotely. This precaution is taken pursuant to the stayathome order and local and state and federal orders, declarations and directives. You may participate in the meeting to the extent as if physically present. Public comment will be available on each item. On channel 26 and sfgovtv will stream the number on the screen. Each speaker will be allowed two minutes to speak. Communities or opportunities to speak are via by calling 408 4189388. Pound and pound again. When connected you will hear the discussions but you will be muted and in his senning mode only. Listening mode onl
The u. S. Wrapping up pressure on beijing and it will be interesting what happens tomorrow, when the pboc reopens trade markets reopen trade and that pbo css the daily effects. Take a look at currency. It has been a mixed bag and we are watching the aussie dollar with the bank meeting today. Bank negara could be interesting expecting a 50 basis point cut later today. Are watching dollaryen summit strength low 107 now. Take a look at your commodities markets, brent crude and wti on a rebound today, gaining 6. 5 for wti. On the longest winning streak in 10 days, up for a fifth straight day and u. S. Futures also positive now. We are watching palm oil, back. We will talk about where prices go next. Lets get more analysis on these markets with our Cross Asset Team in singapore. U. S. China tensions again boiling over, keeping a lid on the markets peered what is your take on the applications . The u. S. Will often come out and say things, especially the Trump Administration, and sometimes t
1 plus for most of the session. Yen is paring some of its gains. 107. 29 after the bank of japan said it would do what it takes to keep the economy in check. The 10year yield at 64 basis points. They are in that range, quite happy to stay there. President trump and retailers are set to announce expanded coronavirus testing programs. That is something to look out for. Standing by is taylor riggs with a deeper dive into the market. Taylor some broadbased gains within the equity market. I wanted to dive deeper into financials. One of the best performers today, up 3 . This after yields on the 10 year are rising. You are seeing financials benefit from the steepening of that yield curve, lifting up the long end of the curve. Also getting a little bit of strength, the rebound. Crude on the other side of that. Clearly bearing the brunt of this with the oversupply problems, lack of demand. I want to take a look at the equities market in the last 24 days. Equity markets bottomed out on march 23,