Health crisis and where do we go from here. Today im joined by our department of Public Health director. Today we have six thousand ninety two cases and sadly sixty seven people have died from covid. Until we have a vaccine and until we are in a better place, we know that we need to continue to socially distance ourself from one another. Wear our mask as much as possible and follow our Public Health guidelines. We know that for months to come, this is something that we are unfortunately going to be living with and the fact is, there is still a lot of work to be done. I just want to say a few things before we get into the details of the budget. The fact is, weve come a very very very long way. Many of you remember even in january where we declared a state of emergency and we Start Talking about the crisis and whats to come, and when we shut down the city, that was back in march and here we are. Its august. We thought that in august wed be in a different place. I think whats happening wi
Item. Comments will be made in the order that they are received. When the moderator announces that Public Comment is being made, press starthree to enter the queue. When prompted, callers will have the standard three minutes to provide comment. Ensure you are in a quiet location, speak clearly, and turnoff any t. V. S or radios around you. Clerk item 1, roll call. [roll call] clerk general Public Comment. Members of the public may address the commission for up to three minutes on any item within the commissions jurisdiction that does not appear to the agenda. Speakers may address their remarks to the commission as a whole and not to individual commissioners or personnel. Commissioners are not to engage in conversation or debate with a speaker. Lack of response does not necessarily indicate agreement with Public Comment. Commissioner covington thank you, madam speaker. Are there any public speakers that would like to comment at this time . Clerk there operator there are no Public Commen
Celebration, but to continue in the struggle and the moment to look ahead to the next 100 yea years. And 9 moment to ensure our democracy is truly representative. Over the last century, women have also fought to gain access in classrooms, board room, and elected it office, elected office. We have seen the power of womens leadership with each advance. We see that Diverse Voices and perspectives, equity and inclusion bring new ideas, new insights to the halls of power. Weve seen that right here from our Vantage Point in San Francisco, with our own representative nancy pelosi, the first and only woman to serve as speaker of the house, our two female senators and now Vice President ial candidate kamala harris. As i said earlier, i wish we could all be gathered in person together. This is not how anyone could have imagined 2020 would look. But it also reminds us how important it is to have strong and capable leaders. And how connected we are together. In honor of our ancestors, our foremoth
President Francee Covington is trying to log on. Vice president kathrin feinstein. Present. Commissioner stephen nakajo. I am present. Commissioner ken cleveland. Present. And there is a lot of feedback at least on my end. A lot of feedback. I am experiencing the same thing commissioner cleveland. I think Everyone Needs to mute mute if you are not speaking. Commissioner rodriguez. Present. And chief of department jeanine nicholson. Muted for me. I am present and if everyone can mute when they are not speaking i think that would help with the feedback. If you are not speaking, just mute. Item 2, general Public Comment members of the public may address the commission for up to 3 minutes on any matter within the commissions jurisdiction that does not appear on the agenda. Speakers shall address the remark to the commission as a whole and not to individual commissioners or to Department Personnel. Commissioners are not to enter into debate or discussion with the speaker. The lack of a resp
It did not shy away from staying there. The dollar continues to be weaker at 93. 20. A strong british sterling. 1. 3082. In euro also a little stronger. Crude oil at 42. 20. A rare glimpse into the Research Division at bridgewater. Our next guest overseas a team of over 150 at one of the largest hedge funds. We are in a new era of policy. Kareng us now is karnioltambour of bridgewater has 100 60which billion in institutional investments. World . Isn np3 karen as the world changes, investment need to change with it. Interest rates were the primary driver of fed cycles. The fed lowered and raised Interest Rates, and that was the most important thing to drive the economic cycle. Then we got to the financial crisis, and quantitative easing became the most important lever. But at the end of the day, you can print all you want but the Federal Reserve doesnt have the mandate to figure out who will get the money. A lot of money went to Financial Assets and not the real economy. Andworld is cha