The bottom of the hour. He is traveling today in wisconsin, talking about the economy and jobs. For now, the Postal Service in the spotlight as we inch toward an election where voters where a significant number of voters will be mailing in their balance. Joining us, abigail doolittle, who has been watching the backandforth of the day. No records today. But what were the main drivers . Abigail everybody waiting for that potential record for the s p 500. Stocks really climbing this wall of worry. The s p 500 hitting this area of resistance. The polls fallen short of being able to take out those old levels. S p 500 up about euro. 3 . Nasdaq once again closing at a record high, up 1. 1 , really being helped out by some of those mega cap tech stocks. China, so muchs, for investors to worry about. They are going again toward this years defense of technology. The vix down a little bit today but still relatively elevated. Couldxperts say that we see some sort of pullback after this huge rally
Clerk yes. Committee members will attend the meeting through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comments will be available on each item on this agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during Public Comment are available during Public Comment by calling 4156550001 and entering meeting i. D. , 1463515423, then pound twice. You will be entered into the meeting but in listening mode only. When your item comes up, press star, three to be entered into the queue. You may email myself, the budget and Appropriations Committee clerk, linda. Wong sf. Gov. If you submit Public Comment via email, it will be forwarded to the supervisors and will be included as part of the official file. Finally, Public Comment interpretations in chinese, spanish, and filipino will be guaranteed from 10 00 a. M. To 1
Chair fewer good morning, everyone. The meeting will come to order. This is the august 24, 2020 meeting of the budget and Appropriations Committee. I am chair fewer sandra lee fewer. Our clerk is miss linda won, assisted today by several other staff from the Clerks Office. I would like to thank corwin cooley from sfgovtv for airing this meeting. Madam clerk, do you have any announcements . Clerk yes. Committee members will attend the meeting through Video Conference and participate in the meeting to the same extent as if they were physically present. Public comments will be available on each item on this agenda. Both channel 26 and sfgtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Comments or opportunities to speak during Public Comment are available during Public Comment by calling 4156550001 and entering meeting i. D. , 1463515423, then pound twice. You will be entered into the meeting but in listening mode only. When your item
Www. Health. Senate. Gov is our website. I think it makes it possible for us to be table to attract witnesses who have very busy schedules on the same day such as today. Some senators are participating by videoconference. Senators may remove their masks since were 6 feet apart. Im grateful to the rules committee, the sarge want at arms, the press gallery, the capitol police, our Committee Staff for all their hard work to help keep us safe. Senator murray and i will each have an opening statement, and then well turn to our witnesses who we thank very much for being with us today. Each witness we would ask that you summarize your remarks in five minutes, which will allow more time for the large number of senators who we expect to participate to present their testimony. Well have one round of questions for a five minute round. Less than four months ago on march 1st the coronavirus situation was about this. At the end of february there were 79,000 cases around the world, only 14 in the Uni
Dot a big show joining the conversation pain Capitol Management is with us and Mitch Rochelle in editorial page ed tore James Freeman great to see everybody this morning. Thank you so much for joining souse so we have a market following bouncing ball of china President Trump, of course, addressed the Economic Club yesterday a event that i attended futures are down this morning but president was talking about china trade negotiations talking about Strong Economy heres a bit of that. Unploim is recently achieved lowest rate in 51 year. Africanamerican unemployment hispanic and Asian American unemployment have all reached lowest rates in history. Nearly 7 Million People have been lifted off very importantly food stamps, 7 Million People off food stamps. Since my election the s p 500 is up over 45 president obama the dow jones is up over 50 . And the nasdaq is up 60 . Their supply chains are cracking very badly. And they are dying to make the deal. Were ones that are deciding whether or no