Hours time. Lets get a check on where stocks are trading with abigail doolittle. We had a selloff yesterday but are recovering today. A nice rally for the major averages, the dow, s p 500, and the nasdaq are all higher. They had been on a pace for weekly decline, and now pacing for weekly gains. That is an impressive turnaround based on that betterthanexpected jobs report. Bloomberg did break the news that there are scheduled talks for a potential sale, and this chip designer has been up 8 , for his best date since 2012, now on pace for the best date since the beginning of the year. A Bloomberg Analyst told me moments ago that this is a pure play on i. T. Technology. The technology is the big winner today, with the nasdaq outperforming the other two indexes. Apple and microsoft gaining amid kleins yesterday declined yesterday, and Applied Materials receiving a top pick mention analysts raising their price target to 60. And lam research doing positively at Morgan Stanley. Quite a bullis
Front of us. We have talked before about Monetary Policy and i havent been a fan as a banker before i was in congress of going beyond the feds initial Interest Rate policies i felt like qe 1, 2 and 3 didnt produce the gdp effects or job increases that perhaps fed policy makers at the time thought. I have also been concerned that as we go back and look backwards now since 2008 that fed officials really have always been a little reluctant to talk about some of the unintended consequences of that, such as distorting the price mechanism in our economy, depressing cap rates for commercial real estate or running up equity prices which i think are a result when you have that, we have flooded from qe 2 into our economy, affecting price earnings, multiples, et cetera today i havent heard any discussion, we talked about the Balance Sheet, we talked about setting Interest Rates but i want to talk a little bit about the money multiplier aspect in your toolbox we flooded the system with reserves bu
Proceedings. And when speaking before the commission, if you care to, do state your name for the record. Id like to call roll at this time. Commissioner president fong commissioner johnson commissioner koppel and commissioner melgar we expect scombhifks commissioner Vice President richards and commissioner moore to arrive firefighters first proposed for continuance none so move on to the are considered to be routine may be acted upon by a single roll call vote of the commission. There will be no separate discussion of these items unless a member of the commission, the public, or staff so requests in which event the matter shall be removed from the consent calendar and considered as a separate item at this or a future hearing. Item one for case west portal avenue conditional use authorization i have no speaker cards. Any Public Comment on the one item on the consent calendar not seeing any, Public Comment is closed. Commissioner johnson. Move to approve Knotts Berry Farm commissioner ko
About him. He was an advisor for the San Francisco Small Business development center. Spdc San Francisco is hosted by the city and county of San Francisco by the office of economic and workforce development. And they are housed in room 110 with the office of Small Business. To answer your question further we do at the Legacy Program work with sbdc and send a lot of business to them. Thats the information i wanted to bring to you today. All right. Thank you, does any other member of the public wish to public speaker on a nonagenda item. Please come forward. Public speaker good afternoon staff. My name is Jennifer Fisher and we represent sjs development company. The property locates on 152325franklin street. As you know the law office sent you a letter. And for your convenience i brought copies of that letter and provided them to the Commission Secretary who has distributed them to each of you. The building at 2315franklin street was identified for lgbtq history in San Francisco as poten
Commissioner johns, commissioner matsuda, commissioner pearlman. Here. At this time members of the public may address the commission on items of interest to the public that are within the subject matter jurisdiction of the commission except agenda items. We have one speaker card. For general Public Comment. Public speaker Richard Carrillo with the program. You were asking about him. He was an advisor for the San Francisco Small Business development center. Spdc San Francisco is hosted by the city and county of San Francisco by the office of economic and workforce development. And they are housed in room 110 with the office of Small Business. To answer your question further we do at the Legacy Program work with sbdc and send a lot of business to them. Thats the information i wanted to bring to you today. All right. Thank you, does any other member of the public wish to public speaker on a nonagenda item. Please come forward. Public speaker good afternoon staff. My name is Jennifer Fishe