Open, but the dow currently having its best monthly gain since january of 1987. That ev revolution, it is rolling on in the stock market tesla tops half a trillion dollars in market value for the first time shares of nikola sinking this morning. Covid surge, cases and hospitalizations at record levels why experts fear thanksgiving could be a socalled accelerator event. Lets get your take on where you think sentiment is now i saw you writing yesterday about the fear and greed, pointing more to the greed. People are there is a belief phase in this rally that has probably started this comeback from march, eight months ago, ishas fed on disbelief. Between the seasonal forces being strong and the clearance toward this post covid moment with the vaccines, it all did come together. Also, though, with the grab for cyclicals, laggards, anything that moves fast, anything that seems like it was really dented up by this whole phase, now, sentiment, it is not a moment in time people say, all too bu
2020 meeting of the Police Commission. I think its probably fair to say that we all have our minds a little bit elsewhere tonight given everything thats going on in the world, and this being probably the consequential election of our lifetime. Were glad to be here with you all and we will all take the pledge of allegiance tonight with maybe a little more awareness of whats going on in the world. I will ask everyone to place their hands over their heart so we can say the pledge. [pledge of allegiance]. Thank you, and as always, if i could ask for the commissioners to mute their microphones. If you would like to be heard, just put your name in the chat box. Members of the public who are dialing in, i would ask you to please mute any background noise so that we can hear you and there is no feedback. The dial in number is [indiscernible] 0001, access code 146424 [indiscernible]. You will have two minutes for Public Comment. Please call the roll. [roll call]. You have quorum. [indiscernibl
The dollar gaining some ground after paring losses after that meeting. Fx sellinging asia off, especially the renminbi after reaching may 2019 highs. There are signs perhaps the currency is being overbought. Expecting boj, boe, and Bank Indonesia today. Those currencies and focus. Watching the bond market as well put it did not get adjustments on qe from the fed. We saw the 10 and 30 yield spike coming off a little now but that did lead to earlier the yield curve steepening and coming off a little. We are watching brent crude as well as wti. Also saw off some of the highs we saw overnight. There is optimism for demand but that is also losing some of those gains right now. Tom lets get you up to speed with some of the first word News Headlines and other stories. President trump says a Coronavirus Vaccine could be just tribute it widely as early as october, contradicting statements by some of his top health officials. The head of the centers for Disease Control and prevention told a Sena
Agree on a deal which could see a new company if approved by President Trump. Haidi and the race for a china facesvaccine, a deadline on the growing kovacs plan. Little pressure at the open. This as u. S. Stocks dropped the most in a week in the regular session. Sentiment being damaged by poor economic data. Jobless came just jobless claims fell less the s p 500 fell for a second consecutive session, but found some support after bouncing off its 50 day moving average. The nasdaq was down more than 1 . We see itk at oil flat at the moment, around 40 a barrel. This after climbing when saudi arabia express determination to stop oh plex opec plus members, posting its largest three day gain. Kong to see g to see how things are shaping up. We have futures pointing to a mixed start. The regional index set to rise for the first week in three. We are keeping and i on toshiba with a chip unit on course to raise 2. 9 billion in a share sale in sydney. We are watching a bid to get a stake in italy
Casting this meeting. To protect the employees and the public due to covid 19 the meeting in the chambers is closed. Due to state and federal orders and directives. You can participate in the meeting through video conference. Comments are available through each item on this agenda. Comments or opportunities to speak during Public Comment period will be available during. Best practices are to call from a quiet location, speak clearly and slowly. Turn down your television and radio. You can make Public Comment in the following ways. Provide Public Comments via email, it will be forded to the supervisors and be included in part of the decision file. Thank you very much. Can you please call items one, two, and three together. Sus spendin suspending the ct policy and recurring expenditures. Item number two all estimated receipts and expenditures of the city by july 31. Item no. 3 annual salary ordinance and annual budget ordinance for the fiscal years ending 2021 and june 302022. If you wis