With losses on the s p, not to the russell 2000. In the last halfhour come a little bit of a recovery in the major indexes. The story overall is one what we are still looking for direction. Romaine a lot of the small caps are starting to catch up. Scarlet lets dive deeper into the market action. Abigail i have got volatility on my mind. The skew index that we have been looking at recently up a fourth day in a row. Surge going all the way back to january. Here is why it matters. In white is the skew index. In blue, the s p 500. In yellow, the vix. , near alltime highs, at alltime highs last that investors concerned it was a corrective nature. Thevix had caught up to skew index. Point the s p 500 near alltime highs. The skew index going sharply higher. Over time, this may be something to think about, some sort of corrective action. Probably at some point later in 2020. There was a time lag when this appened last time. Luke talk about why the skew has been a little high. Equities are real
Taxes. The governor ended up vetoing the bill, that allows the commission through their guideline process to move forward with the perspective that they had shown the last time around. Looking forward, there were several items that i believe will be seeing early on in the year. First, the legislature has the first of several hearings, at least two hearings on new mobility and the facing the state. Last year legislation that was moving through, particularly the bill that we had concerns to try to work with her. I think this hearing was eyeopening for the members of the Assembly Transportation committee as well as the senate and local government committee. That was a joint hearing basis. Because they started looking at the need for data and why you need the data. There was a very robust conversation particularly with input from sfmta, a representative there, as well as la county. Why they need the data to develop the responses from the challenges that arise. I believe at the next hearing
Brine is in the pro o bryan works on oceanside projects. We understand the infrastructure is old and there is new technology to incorporate. Bryans role is to manage the Capital Projects to update infrastructure and to make things more efficient. Bryan is a unique project manager. He brings technical experience but only that but he is a great mentor to young project managers in my group. Mentors is a lot about compatibility too. He showed me his process and how he organized things and managed projects and had conversations on escalating things with contractors. Brine shows leadership. He is independent. We Work Together pretty well with the resources we have to get the best outcome for the city. I think we have an open communication and that trust again of teamwork. Bryan is a straightshooter, he likes to get things done. He doesnt seek praise. I think that is why myself wanted to nominate him for the award to get recognition for the things he does to go above and beyond in his job. He
That might biased the neutral Hearing Office r officers. Are there ways people can amealcan ameliorate the process. Its based on the Hearing Officer determining whether the director of transportation based his decisions on substantial evidence. What are some of the issues lacking in information . Not scums skips but in general. They have to have what . Substantial evidence wouldnt determine previous actions determined based on the straight document. The application kwrufl, itself, i did pull up the slide again and our so application had eight primary categories listed here in the bullets. The safety and device standards the pricing the Operations Plans to make sure scooters are available and distributed properly. And recharging maintenance and hiring and layer and experiencing qualifications and each had multiple subcategories defined in the application. So we had a total of 62 criteria across the eight categories rated. For a pass you need what 38 . 70 something, but i have a question
Thank you very much. The first order of business is general Public Comment. This is for any item that is not currently on the agenda for this evening. Do we have anybody speaking on that . Seeing none, Public Comment is closed. Regular agenda. All right. The next agenda item is number 2 the approval of our minutes from october 1, 2019. Do we have a motion to approve the minutes . I move to approve. Second. Is there any Public Comment on the approval of the minutes . Seeing none, Public Comment is closed. Vice president camino. [roll call]. The minutes have been approved. The next agenda item is a report from executive director weiland. Thank you president bleiman. Good evening commissioners. I have a brief report this evening. I wanted to provide an update for all of you that we have been conducting some Community Outreach efforts as staff and really in gratitude to Deputy Director azevedo for leading the charge. But in educating neighborhoods in merchant corridors around our limited L