That i was talking about before. I dont think that we can leave public bank to decide at this point. Thank you. Chair fewer thank you. Clerk that is the only caller. Chair fewer okay, Public Comment is now closed. Madam clerk, is there any more business today. Clerk no further business today. Chair fewer thank you very much everyone. We are adjourned. Disantsing. The second Corner Grocery store i went to, tables were set up. This means, you know, were in the middle of a pandemic, and i think my life is more important than having to pay a quarter for a paper bag. I think this should be suspended for Senior Citizens or suspended, period, until the mayor says that were going back to normal and. [beeping] thank you, caller. Are there any other callers in the cue operation . No more callers in the cue. All right. Thank you, operations. Thank you, charles. The next item is item 5, an update on the departments ongoing Racial Equity hish tive. The speaker is timmy [indiscernible]. This item is
Deviations. It is an historic surge in gold. Francine it certainly is, at we have been spending a lot of time on that and we will spend more time on gold. Lets get to first word news with ritika gupta. Ritika good morning. The fight over the chinese consulate in houston shows that hardliners now have the upper hand in the Trump Administration. President trump has allowed a small group of advisors led by Michael Pompeo to push u. S. Policy toward its most antagonistic in decades. U. S. Officials say china has a history of espionage and intellectual property theft. The Trump Administration and Senate Republicans are considering a shortterm extension of extra unemployment benefits. It is unlikely the white house and lawmakers will agree on a broader stimulus deal before the benefits expire. Millions of americans receive supplemental payments that were included in the last laurent virus package. Way for paving the soaring stock to join the s p 500 index. The electric carmaker reported thir
Working on holiday. When you look at the markets, they are probably range bound and that is where the nudgyness comes from. We have earnings in europe that will give insight and you have the spat between the u. S. And china, which is significant but is not translating into concrete market movement. Tom we will talk about china and a moment. Airlines front and center. Right now, with our first word news, here is ritika gupta. Ritika china may retaliate for the closing of its consulate in houston by targeting the u. S. Consulate in hong kong. That is according to the editor of the Chinese Communist party newspaper, global times. He writes the u. S. Has over 1000 staff and that means it is a spy center. The editors comments have regally been a tipoff to what the government does. They Trump Administration says republicans are considering a shortterm extension of the unemployment stimulus. Millions of americans received several mental payments that were included in the last coronavirus resc
Emergency, the commission on the environment meeting room is closed. Commissioners and Department Staff will be participating in the meeting remotely. This precaution is taken per student to the pursuant to the statewide stay at home order. Public comment will be available on each item on this agenda. Sfgov tv. Com is streaming the number at the top of the screen. When connected dial star three to be added to the queue. Best practices are to call from a quiet location, speak clearly and slowly and turn down your television or radio. Alternatively you may submit Public Comment in the following ways. Email to the department of commission affairs, if you submit Public Comment via email it will be part of the official file. I will call the roll. [roll call] we have a quorum. President stephenson next agenda item please. Clerk next item is the president s discussion. President stephenson good evening everyone thank you to everyone who made it to this meeting. Let me share some best practice
Surveillance today on television, on radio. We welcome all of you worldwide, across this nation, where the linkage, the urgency that we see within our politics and our economics is truly front and center. Get out the calendar. I believe it is 23 july, and this is a nation staggering to the first week of august. Jonathan what urgency . It is sunshine and rainbows in the equity market. In washington, d. C. , we havent seen the urgency we actually need. There are a lot of people still out of work. This market is in a lot of pain, and it is not going to heal as quickly as we needed to. In about 30 minutes, initial jobless claims set to come in at around 1. 3 million again. We need to see much bigger improvement. Tom that will be a key statistic of the week. Rule number one in the equity market is follow bonds. I continue to see yield compression, lower yields and flatter curves. Jonathan sunshine and rainbows lisa sunshine and rainbows very much funded by real yield that is negative by the