Id like to call the order of the Public Utilities commission. Its tuesday july 28, 2020. Roll call, please. [roll call] we have a quorum. Commissioner very good. Announcements, madame secretary . During the coronavirus disease covid19 emergency, the San Francisco Public Utilities commissions sfpuc regular meeting room, city hall, room 400, is closed. Commissioners and sfpuc staff will convene Commission Meetings remotely by teleconference. Commissioners for those the live stream there be a delay. I would like to extend our thanks to sfgtv staff. If youd like to make a comment dial 18882733658 access code and dial access code 3107452. Youll hear a speaking tone when its expired. Madame president , your first order of business is item 3, aportfolio of the minutes of approval of the minutes july 14, 2020. Commissioner commissioners, before you, you have the minutes of july 14, 2020. Are there any additions or corrections to the minutes . Hearing none id like to ask the secretary to open i
To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and Speaker Pelosi are on the same page about the need of direct Cash Payments of 1,200 to most americans. Andrew. And big co
Say the waters off the coast of being overfished. Slaughterhouses are hotspots for covert 19 activist investors say that Meat Processing plants could be the cause of the next pandemic. The coronavirus pandemic has had a devastating impact on the Global Economy its pushed back global efforts to reduce poverty improve livelihoods and health care now understandably nations of poured billions into shoring up Health Services but the recovery now that lockdowns are being lifted needs to take into consideration all other global emergency Climate Change with temperatures hitting 100 degrees fahrenheit in siberia and the Arctic Circle the challenge couldnt be more dire lets put this into perspective because we can tackle poverty job creation and Climate Change at the same time to limit rising temperatures to below 1. 5 degrees sell. This 2. 00 trillion dollars a year needs to be spent on Energy Systems around the world until 2035 thats around 2 and a half percent of the worlds economy the u. N.
Something positive, right, with that rising case count hitting new records, it seems virtually every day, and deaths also starting to move up in knows hardhit states as well with hospitalizations thats certainly been a focus for Market Participants as you guys well know Scott Gottlieb who we follow closely tweeting about the remdesivir news, very encouraged but needs to be confirmed in a prospective trial, appears to be a receipt peck testify analysis of the face three data suggesting a survival benefit in severe Covid Patients. We have made the point many times it is only good news on remdesivir, but lets remember its an infused therapy in the hospital typically for people who are severely ill what we are hoping for and waiting for are significant antivirals that will have an affect on the virus far earlier in its course so that people will feel much more comfortable in resuming behavior because if they were to get it and these were to be available they could immediately take an oral
Streak that sauz the shanghai rise 16 yeah shanghai was down by 2 today. Lets see whats happening in the treasury market right now. Yields back down below 0. 6 . We havent seen that for awhile. And joe, still chuckling a little bit about football and why we care this time around not the ivies . No. But anything i see this morning it was eric chemi. I realize out on the cliffs they have that full size cardboard cutout of me so then i was thinking, you know, next week if i dont have like being here some day, i might just put it right here just have something on a loop. Less taxes, less government, more you know a welcome respite plus they got sound theyre going to pipe in sounds like the tesla, you know, the motors i saw that. Theyre going to pipe in fans cheering and i read this stuff and we go, okay i want a cutout this makes sense. Put an entire stadium full of cardboard cutouts. Yes and we all go, yeah, that makes sense. But people would do it. Because i was thinking the camera would