Neighborhood in San Francisco are also diverse and fascist as the people that inhabitable them were in north beach about supervisor peskin will give us a tour and introduce is to what think of i i his favorite district 5 e 3 is in the northwest surrounded by the San Francisco bay the district is the boosting chinatown oar embarcadero financial district Fishermans Wharf exhibit no. North beach Telegraph Hill and part of union square. All of San Francisco districts are remarkable im honored and delighted to represent really whereas with an the most intact district got chinatown, north beach Fishermans Wharf russian hill and knob hill and the northwest waterfront some of the most wealthier and inning e impoverished people in San Francisco obgyn siding it is ethically exists a bunch of tightknit neighborhoods people know he each other by name a wonderful placed physically and socially to be all of the neighborhoods north beach and chinatown the i try to be out in the community as much as a
Maybe some of these positions wont be necessary. I do not support layoffs this year. Supervisor walton, how do you feel about supervisor ronens proposal. We are hearing from supervisor yee and mandelman that they are opposed to layoffs but open to putting money in the second year on reserve. Excuse me, you are on mute. I am definitely open to putting 7 million on reserve for the second year. Again, it is hard for me at this point. Not an impossibility without knowing the officers it is an issue now. What you are hearing there is an appetite to put money the second year on reserve, not for layoffs. Chief, what you have heard now is that what we are saying is that we are thinking a substantial amount of money on reserve the second year. This committee is opposed to the layoffs. If we put reserves amount of money on the second year, colleagues, we would put it in budget and finance reserve, is that correct. Yes, that is. I think we have a proposal on the table. We are looking at superviso
3 yesterday so it is the year to date momentum names in technology and large cap growth that are taking things there cloud stocks, the Broad Software group, ecommerce, all those baskets are up 2 or so today, so you know, at a time when people are unsure about the fiscal package getting through and maybe what the pacing is of the domestic economy, kind of the old reliable move is whats working for now but as you say, the Broader Market is kind of on the softer side for the start. Julia, a bunch of Technology Names that have dipped their toe or maybe a couple of legs into media also higher this morning looking at amazon, up 1. 5 , alphabet up a little bit more than that. Netflix itself, which is all in on media, of course, up better than 1 . That trend continues and of course, we have to point at tesla, those shares up about 5 and just look at tesla, up 290 year to date, john, just really striking in the context of Everything Else today. Yeah. Needhams chris wrestler is going to join us
Perfect sense. But then there are days like today when i cant take how stupidly bullish this market can be the dow gaining 164 points nasdaq climbing 0. 35 . You often hear people saying that the whole things been manipulated. Its a desperate Federal Reserve and its a scared powell and its President Trump winning the election no, the feds just doing its job. And if the white house wanted to juice the stock market, dont you think they already wouldve cut a deal with the democrats on the next round of stimulus see, there is a much simpler explanation. I call it clueless buying. I always say you should never underestimate the wall street promotion machine. But never underestimate the power of enthusiastic buyers who do not know what theyre doing they know nothing some people accuse me of taking the thing too far. They say im not willing to call people out for being morons that are more likely to put retire clorox ceo than i am to put a departing Ceo Jim Hackett on the wall of shame. They
Whats happening. Certainly on the virus front and this is a big nagging and ongoing worry of right now, as we look at states that are dealing with a big spike in cases particularly in florida were also looking around at how illinois, michigan and some of these other states are dealing with this and the debate about whether you could really make demands on someone to wear a mask, and a debate in georgia as well, well get into that and we are focusing as well not only on the markets but the feeling that seems to be generating among a lot of folks that unless we get a pickup in activity here and unless we see more things beginning to stabilize on the infection count, then things really probably will not change a whole heck of a lot. Matt fin n has been following this very closely in naperville, illinois when its coming down to wear a mask. Sir . Reporter neil, naperville just outside of chicago is moving forward with plans to hold classes in just a matter of weeks. Every morning parents a