Joe nowhere to hide. Really ugly back to back days to start the week. Scarlet there are plenty of places to hide. Joe 10 year treasury, swiss franc. Scarlet japanese yen. We can go on. Two charts to put this risk asset selloff in perspective. This is very simple. On bottom, bonds of top the one asset class doing well over this time period. On bottom, we have crude, copper. In white, the s p 500 down 6 . Composite in blue, down just 0. 75 may be a benchmark here. 500reason to think the s p will join the dow transports. The 200 Day Moving Average in yellow. On friday, you can see the dow transports going right through the 50 day average. When the dow transports in the past has gone below that 200 Day Moving Average, there has not been an exception. This chart would suggest more term,at least in the near for the s p 500. Worstooking at one of the performing sectors in the s p 500. 4 , theals down about worst slide since 2011. That is as fears of the coronavirus continue. One of the larges
Foreclosure and restaurant closures. A new way of life here in the bay area. Good evening. Deserted and empty. Some of the busiest parts of the bay area look abandoned today as people stayed home to comply with the shelter in place order. Roads and freeways were pretty much empty. Nonessential stores closed. Only essential services were allowed to remain open. Also today. Another county signed on to the shelter in place order. Sonoma county is joining with other counties. They want people to stay home to minimize the risk of the coronavirus spreading. Few if any school are likely to reopen the School Year Due to the coronavirus. I would plan and assume its unlikely that many of these schools will open before the summer break. The governor also made a point of saying children need not worry about testing when they do come back. Is that he is hopeful there will be an exempt for mandated test. Will go to the south bay and just a moment, but we begin right now with amber live in San Franci
Slow you down even more and you could see it backed up into the burlingame area and north one oh one is also backed up so avoid the stretch if you can this morning, even though crews are trying to clear that first accident 2. 80 is going to just flawless so far this morning, its been a problem free even El Camino Real that runs parallel with the one o one looks good as well for your alternate taking a quick peek at the bay bridge toll plaza it is been problem for here all morning long only 11 minutes on your west penn 80 commute from the macarthur maze across the upper deck in to San Francisco john. Working out there today is a clear skies looking at the horizon, no fog whatsoever across the bay area right now definitely some cloud cover though that will be hanging out across the bay area today cloud cover a part of this system that is going to be bringing rain to both central and Southern California here in the bay area though working remain try to the weekend. 40s and 50s for your cu
For the meeting to proceed as efficiently as possible. If you like to speak on any item , we request but do not require that you complete a blue card. Each person will have three minutes for Public Comment on each item. Please address your comments to the commission during Public Comment. In order to allow equal time, we will not respond to any questions during Public Comment. The commission may ask questions of staff after Public Comment is closed. If there is an item of interest that is under the subject matter jurisdiction, you may speak under general Public Comment. That is item four. If the fire alarms activate, you must evacuate the building in an orderly fashion. Elevators will immediately return to the first floor and are not available for use. If you need assistance out of the building, please make your way to the closest area of refuge which is directly across the hall in the mens restroom. Theres a speaker box. Prosit and city hall security will answer. Please note the commi
Members of the public are reminded a individual can complete a speaker card prior to the item being called and present it to our executive assistant. Members of the public have two minutes to address the board and the time is set by the president. Importantly according to board rules and pressures, speaker cards will not be accepted for an item already before the board. Number two, superintendents report. Thank you. Good evening, everyone. The San Francisco Unified School District is now providing childcare for the regular board meetings. [applause] its beginning right now. [laughter] and space is limited and well be provided on a firstcomefirst serve basis for children age 310. Childcare is provided from 6 00 to 9 00 in the Educational Placement Center waiting room located here on the first floor right outside this door and down the hall. If you have any questions, you can contact ms. Esther casco to the board of education at 415 2416493 and childcare is now provided. The Second Annua