Look particularly at the nasdaq, its up 16 year to date but the wait is what you have to think about. Facebook, apple, amazon, microsoft google are up 13 year to date. So youre seeing overweight in terms of really big companies. Any meaningful downward movement along them is going to result in broader index. Im not optimistic particularly nasdaq because i think its overinflated liquidation there is it too glib to say if vaccine hopes are met with real positive data that technology suffers from a whithering stayathome narrative, or is that too simplistic . Yeah, its a little simplistic, mostly because of the factors that are contributing to the tech growth are multivariant you have this issue of the low Interest Rate environment which is drawing a lot of yield, but you also have the fact that people staying at home use Digital Services more. You look at the streams services and the semiconductor and tip companies which are underlines and inputs on the digitization thats happening thats
Thank you. So we have a quorum. And our next item is item 2. President s announcement. Good morning, everybody, welcome to the june 17th, 2020. I have some president s announcement and in add please forgive me for any miss spelling or miss pronouncing of words in advance. As i said, good morning and welcome to our remote Building Inspection Commission meeting for june 2020. I am president of the Building Inspection Commission and im joined today by all of our commissioner members along with interim director reardon and senior d. B. I. Staff. Welcome to all of you. As we continue to cope with this extraordinary circumstances caused by the covid19 pandemic, we are now in our First Quarter of on going building safety work and different ways from back in february of this year that we have to do this report. Were certainly still working on issues. I can Sate Department is doing an outstanding job of keeping customers and staff hearing to the publichealth protocols that have been put in plac
With civil Rights Groups today to address the growing boycott the organizers of stop hate for profit calling the meeting a disappointment saying that Mark Zuckerberg and Cheryl Sandberg are not ready to address the hate on that platform and did not respond to demands of dozens of its largest advertisers the ncaa color of change, Antidefamation League and free press saying Mark Zuckerberg did not offer any tangible plans on how facebook will address the rampant discrimination and violent conspiracies on their platform the meeting that we just left was a disappointment facebook has had our demands in multiple ways and they showed up to the meeting expect an a for atte attending. Attending alone is not enough. Civil Rights Groups saying facebook did not address their list of demands, saying zuckerberg offered no automatic recourse for advertisers whose consent runs alongside hateful posts. They did not address why facebook recommends hateful groups and didnt address rampant disinformation
With looking at you, sorkin you are on a huge, huge screen you havent seen that. No one has a tv set. How big is that thing . 108 can you get one of these. A little too close. Back it up a little. I almost said this morning, futures down this morning after yesterdays yesterdays 300point gain so, okay they are down today. How do you sell this it was weird yesterday, wasnt it all morning long virus and all of this. End of the day, i looked it up up 300 i dont know look, the problem is that these swings we are seeing, weve all become kind of unnerved to it that was only after a loss from the day before we are looking at these up and down swings. The dow right now is still down for the week the nasdaq is indicated up for the week well continue to watch that looking at u. S. Equity futures the dow was up 300 points and the s p up 33. Nasdaq up 107 points also up about 1. 7 this morning, nasdaq is hanging in there up about 6 points and s p is off just over 3. 5 points. Yesterday, the 10year
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