Public comment will be available on each item on this agenda. Sfgovtv are streaming the number across the screen. Each will be allowed two minutes to speak. Opportunities to speaker is available by calling 408 4189388. Access code, 1461315200. Then press pound twice. Then connected, you will hear the meeting discussion, but you will be muted an in listening mode only. Best practices are to call from a quiet location. Speak clearly and slowly and turn down our television or radio. Alternatively, you may submit Public Comment in either of the following ways. When you submit Public Comment via email, it will be forwarded to the supervisors and be included as part of the official file. Finally, spanish and chinese interpretation are available for those who need services during Public Comment period. Im pass on to the interpreters to provide a summary of this announcement. Speaking in spanish. [speaking spanish]. [speaking spanish]. Thank you, madame clerk. [speaking chinese] [speaking chin
Any inaudible . Clerk yes, due to the covid19 Health Emergency and to protect board members, City Employees and the public, supervisors legislative chamber and Committee Room are closed. However, members will be participating remotely. This precaution is taken inaudible state wide stay at home order and all local and state federal orders, declaration and directives. They will continued through participate in the meeting to the same extent if theyre physically present. Public comment will be available on each item on the addenda. Both channel 26 and sfgovtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunity to speak during the pluck comment periodd are by calling 408 4189388. That number is 408 4189388. The meeting i. D. Is 1467992222. Again, thats 1467992222. Press pound and pound again. When connected, you will hear the meeting discussions but you will be muted and listening mode only. When your item of interest
The virus infections now pushed 8 million globally. Haveoutbreaks in the u. S. Some states weighing whether to pause reopening. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures up 2 10 of 1 . It was a very volatile trading session. We had a boost after the fed pledged to follow through with the Corporate Bond purchase, but then again, we had concerns over a second wave of the pandemic. Not to mention the white house now ending an Unemployment Bonus Program on july 31. We have the s p 500 gained 8 10 of 1 . At one point, they lost as much as 2. 5 . It was a really volatile session. Financials and staples led to gains, after dropping last week by the most since march. Take a look at how the dollar is doing now. We have seen the dollar underperforming against all g10 peers and weakening to session lows after the Federal Reserve made the announcement. Right now, we are seeing more pressure on the bloomberg dollar index. The 10 year yield at 72 basis
Significant vote here in Santa Clara County. Two agenda items today, number one, support, officially the black lives matter movement, and number two, officially declare racism is a threat to Public Health. The two supervisors who coauthorrized them include cindy chavez. Corteze said if the resolution pass t would work with the community to ele cism. Black Community Leaders demanding action on several fronts including defunding the sheriff, jails, and district attorney. The supervisor said the cuts to the department are likely any way because of the covid19 pandemic. I think by august you will see te ofns cu in rectiof e dollars to try to help people. We dont want promises of equity in the future. We want to be compensated for everything taken from us. Reporter there seems to be a lot of momentum for change in the last three weeks with near constant protests and demonstrations across the south bay, but keep in mind, the proposals are authored by two members of the five member board, but
Time those are good too if demand from the treasury doesnt come back in coming months, whats the longer term implication for Interest Rates i know youre reticent to give any forecast on Interest Rates, which i understand, but give us a tone about the impact, the correlation there. There seems to be flying of demand for our paper i wouldnt want to speculate about what Interest Rates might do were the worlds reserve currency and in times of stress people want to own u. S. Treasury obligations and thats been the way that is for a long time. Even if some of the problems as in the last crisis, problems originated here, notwithstanding that we have the strongest, economy, most liquid markets. One last question ill yield my time back. Youve been gracious with your candor and your time i heard a conversation in this hearing about labor. Our state was one of the first ones to reopen one of the inhibiters to supplying the demand that i think is out there and i think were proving that is getting