Announcement . During the covid19 Health Emergency and given the Public Health recommendations issued by the San Francisco department of Public Health and mayor breed, have lifted the restrictions on teleconference. This meeting is held Via Teleconference and televised by sfgovtv. For those of you watching the live stream, please be aware there is a brief time lapse between what is being viewed. On behalf of the commission, i would like to extend our thanks to tv and puc i. T. Staff for their assistance during this meeting. If you wish to make two minutes of Public Comment on an item, dial 14156550001, meeting i. D. , 146 087 5808, pound, pound. And star 3 to speak. Im going to ask the commission and staff to mute their microphones to minimize background noise if they have not already done so. Madame president , the first order of business is item 3, approval of the minutes of august 25, 2020. President caen commissioners, before you you have the minutes of august 25, 2020. Are there a
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
It is friday august 14th this is the appropriations and budget meeting im sandra fure. Fewer. Thank you for sf gov tv for broadcasting. Do have an announcement. In accordance with governor newsoms executive order no. N3320 declaring a state of emergency regarding the covid19 outbreak and mayor london n. Breeds proclamation declaring a local emergency issued on february 25, 2020, including the guidance for gatherings issued by the San Francisco department of Public Health officer, aggressive directives were issued to reduce the spread of covid19. On march 17, 2020, the board of supervisors authorized their board and Committee Meetings to convene remotely Via Microsoft teams and will allow remote Public Comment via teleconference. Visit the sfgovtv website at www. Sfgovtv. Org to stream the live meetings, or to watch meetings on demand. Members of the public are encouraged to participate remotely via detailed instructions on participating via you can call 14156550001 again 14156550001 me
Supervisor fewer good morning, everyone. The meeting will come to order. This is the july 29, 2020 regular board and finance Committee Meeting. I am sandra lee fewer, chair. And i am joined by supervisors mandelman and walton. Our clerk is ms. Linda wong. I would like to thank sfgovtv for broadcasting this meeting. Madame clerk, any announcements . Clerk yes, madame chair. Due to the covid19 Health Emergency and to protect board members, the board of supervisors legislative chamber and Committee Room are closed, however members will be participating in the meeting remotely. This precaution is taken pursuant to the various local, state orders. Committee members will attend the meeting through video conference. Public comment will be available on each item on this agenda, both channel 26 and sfgovtv are streaming the number across the screen. Each speaker will be allowed two minutes to speak. You can call 14156550001, meeting i. D. , 146 812 0226. Again, 146 812 0226 then press pound twi
Maybe call it the ultimate catchup trade. If you missed the markets record rebound, fear not because we have three stocks that could be primed to pop later, tiktok you dont stop giving us news, that is. Theres a strange new suitor for the red hot social media app that our traders have our own take of who should put a ring on it so much to get through in the next hour, but let us begin at the beginning a brand new record close for the s p 500. This is by far the fastest bear market exit in history it has been just over 100 days since the benchmark index plunged with lows of the year. Need i remind you of the pandemic panic of march. Were up 55 since then. Its close today by the ever so slimmest of margins putting an official end to the bear market. Guy, the market acting like the pandemic induced lockdown and mass job losses simply never happened is this all, thank you, mr. Federal reserve . Of course it is y the Balance Sheet in february was 4 trillion, now howevering on the side of 7