Please press star 3 to be added to the Public Comment queue. You will have three minutes to provide Public Comment and six minutes if youre online with an interpreter. You will hear a bell go off when you have 30 seconds remaining. Please standby. Once again, if you have joined this meeting, we are currently on agenda item 7. Discussion of monthly staff enforcement report. You will have three minutes to provide Public Comment and six minutes if youre online with an interpreter. There are no more callers. Chair ambrose Public Comment is closed. Thank you mr. Pierce. I will call agenda item 8. Discussion of executive directors report an update of various programmatic and operational highlights of Ethics Commission. That will be executive director pelham presentation. Thank you. Thank you chair ambrose. I wont recap the budget information i highlighted here in case this is where people look for the budget updates. Theres some information there. Quick update on the Public Financing program
Morning. And the nasdaq is down by 182 points a lot of this is whats happening in europe right now. You dont just look at the oversees market but were going to take our queues from what is happening there. You can see the ftse down by 3. 4 and the other markets are down by more and a lot of this is coming in the last few hours. They could be considering a second lock down as covid cases there have soared theyre back to the levels in may. Theyre concerned about whats happening with the number of cases and the hospitalizations admissions doubling every 8 days theyre now looking at 6,000 cases a day and again theres been some talk of a potential second lock down there now they want to make sure that schools can stay open and that some businesses could stay open but just the threat of that, the potential for the second wave coming is enough to push all of the stocks in europe into the red. If you take a look at whats been happening with travel and leisure stocks they were down by 6 earlier
Report from the region is next apple trying to lift the curtain on new gadgets a new phone not likely will anybody care . This is Worldwide Exchange on tuesday, september 15. A nice segment of music coming up later in the program by the way, good morning, good afternoon and good evening wherever you may be watching good to have you back with us. Global markets are stepping up this day solidly in the green the major average back yesterday after the s p 500 posted its worst week since june and the nasdaq the best week since march. The nasdaq back above 11,000 but still about 1,000 points away from that high of september 2. Small but mighty do not forget about the small cap stocks the russell 2000 posting the best day since july 15 small caps have been outperforming. Dont forget about the bond market either. The federal resofr and a new inflation framework in place talk of lower rates stronger the continuing note is stuck there for months around the world, a mixed session in asia overnigh
108 points hire. So good news all around. Lets see if it can stay this way. Treasury yields, you can look at a 10year note at. 681 we have so much going on the fed kicking off a twoday meeting. The first since it put new framework into place isnt expected to change Interest Rates fed chair powell planning to answer questions about the outlook during tomorrows News Conference then we have the data coming in today where we get august import and export prices. The latest productions numbers and the earnings, we have fedex and adobe. A lot of other news, joe i can hear the bounce in your step i hear it in your voice. I think it might be the guests we have again today. I know you are excited for the hour we had great guests yesterday and great guests today we have bob from viea come cbs Jared Kushner coming up in the 7 00 hour. Kevin mccarthy then i realize we miss becky whenever shes out but you like to talk and i guess i do too so it is 50 50, instead of 33, 33, 33 you dont have to admit
Commissioner moran here. Commissioner maxwell here. Commissioner paulson here. And we have a quorum. President caen good. Will you please read the 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 i