Well tell you why traders are betting on an even bigger run. Later, airlines lower as they prepare for what could be a slow september the former ceo of continue nenal airlines will be with us to explain what the new normal may mean for travel stocks kelly evans is back. Welcome. Power lunch begins right now its the s p 500 sitting close to its record high now the wild market ride has brought a resurgence of the retail trader bob and kate are standing by with more. Bob, lets start with you in these record highs we are on new high watch and for the s p as well as the nasdaq and whats brought us there, thats a very familiar pattern. We have seen it many times its essentially Technology Stocks thats with megacap stocks moving on the upside sectors, its technology thats been leading the way we see banks, energy and industrials lagging there. We had many rallies in those cyclical value names banks, the energy and the industrial names over the last few months in various occasions including ab
Gold materials to make things. Im calling aspen thanks for joining us across europe borders are closing businesses are shutting their doors as People Get Ready to wait out the coronavirus pandemic at home italy is still the worst hit country in europe but spain has reported 1500 new cases between friday and saturday and madrid is now preparing to announce tight new restrictions on Movement Across the nation. Half empty food markets in madrid boss restaurants and shops shut down and people told to stay at home and a bid to stop the spread of coronavirus spain is the 2nd hardest hit country in europe after its elite the Spanish Government has declared. 2 weeks state of emergency and announced increased measures to control the covert 19 outbreak famous tourist sites like barcelona as landmarks like rather familiar have been closed off elsewhere its early remains under a nationwide lockdown and the effects of social distancing are plain to see romes piazza del popolo the people square all
Im called aspen thanks for joining us across europe borders are closing and businesses are shutting their doors as People Get Ready to wait out the virus pandemic at home italy is still the worst hit country in europe but spain is now also preparing to announce tight new restrictions on Movement Across the nation thats after 1500 new cases were reported in spain between friday and saturday a low madrid has turned into a ghost town instead of the usual traffic jams motorists have an easy drive through the capital the Regional Government has ordered the closure of bars and Retail Establishment only pharmacies Grocery Stores and newsstands can remain open many residents have fled the city to go to the countryside or the coast those still in madrid are trying to get by as best as they can. Im not so worried but im still thinking about the situation now we have to be brave and stick together. They know mostly its time to show that we are a civilized country and comply with health regulation
Chair mar next speaker, please. Good afternoon, i am cheryl thornton. I work for the San Francisco Health Department for 28 years. I witnessed many black coworkers being subject to retaliation. My coworkers complained to city officials with no real relief. I appreciate this legislation. However, i dont think it goes far enough. I think we need more account ability. Otherwise we will see what we have seen in the past the disparities to one particular group of people. Chair mar thank you. I will use this as an example. This is get fiction. This is based on geographical location. You do it in areas that are predominantly black, not white. This is a legal attorney with the same philosophy as myself. He is suing washington d c because of discrimination against black people for 1 billion. I want several billion for what you did in the fillmore. About the Justice System you have mario woods paying her 400,000 for her son being murdered and shot. This hispanic was shot 20 times here is a chanc
Commissioner woo ho also. You are an at will employee brady dont have a union. I cant imagine having a staff of over 200 people and all of the workload you have to take on and also dealing with five hardheaded commissioners thats got their own visions on Different Things and youre able to do that and integrate staff. I agree with the rest of my commissioners, i am very supportive and its well overdue. In honor of the us womens soccer team, you deserve it because they are standing over the same thing. [laughter] thank you, katie. Thank you, elaine, for all you do for the port and for all that you have accomplished over the last few years. It really shows in the team and all of our output to get everything we are doing. You just accomplished so much, we really appreciate it. We also do not want you to be grossly underpaid within the city, and with your peers in the industry. I would like for someone to move that we change the resolve of second to last resolve the says the valley of the p