A quarterly beat despite increasing costs Berkshire Hathaway including d. R. Horton and lennar weve gotten another warning from fitch, this time the Rating Agency telling cnbc it may be set to downgrade dozens of banks that could include jpmorgan chase. Lets begin with the markets. A lot of credit card data said retail was going to come in strong here. Look, the fed has tightened we know that i dont want a big jackson hole boom, but the economy the consumer is strong the enterprise is strong the weakness is, what, in trucking, in some really bad retailers . David, at times you have to play a game where you find this weakness i need to know where theres weakness give me some weakness. China go to china, young man. China is not in america i just want to give you a little well, you didnt specify geography to be fair no. But in the absolutely china is weak. I wont give out numbers about unemployment because theyre all in school. Many of them are in school at least thats what the chinese ar
Sharply. Have buyers reached their limit on how much theyre willing to pay for a home but we begin with the market john, bottom line, were just off the lows for the day, down about 0. 9 for the s p and Dow Jones Industrial average weve been down 9 out of 11 days on the s p 500 if we close lower today. So that is very noticeable the dow industrials, being held up largely by defensive names. Some of the other sectors like banks and energy are on the weak side the nasdaq down there, 0. 8 . Were down about 5 off of the recent 52week highs of the nasdaq when you get more than 5 , the technicians start noticing tech has been an underperformer. The dow movers here, take a look the good news is Johnson Johnson holding up wells, defensive names merck, proctor and gamble holding up. Caterpillar has been weak, Energy Stocks coming off of their highs after a terrific run. Take a look. I think a key chart is the bank stock. Theyre starting to exhibit negative patterns, what we call head and shoulde
Math use and jeanette at sfgovtv for staff thanksgiving meeting. Do you have announcements. Board of supervisors are convening hybrid meetings request public ment providing Remote Access and Public Comment via phone. Public comment taken on each item on this agenda. Those in person will speak first and move on to remote line. You will heart meeting but muted in listening mode. When your item of interest come up and public ment is called those in person line up to the right and those online press star 3. If you are on your phone remember to turn down your television and all listening device. You may submit comments to myself erika. Major sfgov. Org you may commit comments to our office at city hall the address is 1 dr. Carlton b. Goodlett place room 244, San Francisco, california 94102. Items acted upon today are expected to appear on the agenda of september 11 unless otherwise stated. Madam chair yoochl thank you very much. Call item one. Item one resolution authorizing the acceptance
President moore here. Commissioner braun here. Commissioner. Imperial here. Commissioner. Couple here. And commissioner ruiz here. Thank you. Commissioners, first on your agenda is consideration of items proposed for continuance items one, a and b for case numbers 2022. Hyphen 009794 drp and var at 1153 guerrero street. Discretionary review and variance are proposed for continuance to april 4th, 2024. Item two. Case number 2023 hyphen 011051 see you at 350 rhode island street. Conditional use authorization is proposed for an indefinite continuance. Item three, case number 2023 hyphen 009000 pca, the Cannabis Retail uses planning code amendment, has been withdrawn further commissioners. We received a last minute request for continuance under your regular calendar for item 16. Case number 2020. Hyphen 007806 cour at 1314 page street at a conditional use authorization. This request is coming from the project sponsor, and theyre requesting a 1 or 2 week continuance to march 7th or march 21
President moore here. Commissioner braun here. Commissioner. Imperial here. Commissioner. Couple here. And commissioner ruiz here. Thank you. Commissioners, first on your agenda is consideration of items proposed for continuance items one, a and b for case numbers 2022. Hyphen 009794 drp and var at 1153 guerrero street. Discretionary review and variance are proposed for continuance to april 4th, 2024. Item two. Case number 2023 hyphen 011051 see you at 350 rhode island street. Conditional use authorization is proposed for an indefinite continuance. Item three, case number 2023 hyphen 009000 pca, the Cannabis Retail uses planning code amendment, has been withdrawn further commissioners. We received a last minute request for continuance under your regular calendar for item 16. Case number 2020. Hyphen 007806 cour at 1314 page street at a conditional use authorization. This request is coming from the project sponsor, and theyre requesting a 1 or 2 week continuance to march 7th or march 21