What that says is that even though we locally are doing everything that we can to provide resources to the public, we know that theres so much more that needs to be done. We cant wait for a federal stimulus check in many cases, people who are living paycheck to paycheck and need money to pay their bills. And we know, especially our hairdressers and our nail salons, our barbershops, theyre probably suffering the most. Because if they dont work they dont have any income. So this is a very challenging time for all of us. And as we deal with the protecting of Public Health, we need to always protect the Financial Health of our families and communities. After were able to reopen what is that going to look like . And how will we be able to continue to make sure that everyone has a decent paying job with benefits . Thats the foundation of our city and its necessary for us to figure out ways in which we can help to support one another and uplift one another. Just a few things that we have been
And if you want more information, you can please visit datasf. Org covid19. Its or tracker with detailed information around testing and other helpful information by zip code that people may be interested in seeing. And today, i had a couple of things to talk about specifically, the new health order issued on friday by our county Health Officers and i really mention this on friday, but i think this is really exciting, that even though we still have challenges that exist, the ability to allow people to get back to work is so important. And construction in our city will be allowed, as well as outdoor businesses and today, i just want to express, again, my appreciation of the outdoor activities, outdoor businesses and how important it is to make sure that we start to gradually get back to business. We know our governor announced a plan that he will release on guidelines, as well as timing of when some of our Small Businesses, our book stores, small retailers can get back to work and i thin
[ applause ] good afternoon, everyone. So as we settle in, i often pick a word for the day, it kind of governs how i conduct myself often times and just my frame of mind. But today im going to pick an image of the day. If you look at our screen one of our commissioners shared with me this image and i think it really sets the tone and the stage and underscores the importance of why were here. And of course the significance of this panel. Now this is a chinese book. For kindergarteners and circle, even if you dont speak chinese, circled are two letters, a. I. Kindergarten. Text book. A. I. Now, the senator talked about us tooling ourselves and getting ready from grade school to grad school. Now were talking about kindergarten or even prek if were going to be keep ahead and really stay number one when it comes to a. I. So i just wanted to start with this image. Because again, it really, for me, underscores the urgency of why this commission was formed and why you think and know its so imp
Global stock market after the fed held back on rate and really, it seems, bought investors more time. The expectation is that the fed will raise rates. A lot of the commentary we are seeing this morning. Their major averages remain higher. Down to some degree at the moment, but we want to mention we are seeing strength in tech. Amazon and out for that are trading at records today and apple is resuming its recent rally we have been seeing on expectations for sales of the iphone seven. Roleology is playing a here and has been playing more of a role. We have not been talking about the stocks. We were earlier in the year. A breakdown of the Industry Groups in the s p 500, the votest post exit low on june 27. You see since then technology is the best performing group, a 18 followed by financials, 11. 5 . Is playing a big part of the recent rally we have seen. Looking at the stock and the other assets here, we have got the 10 year yield at the lows of the day, down fours four points. Alan gr